Sadly, icon8888 still knows nothing about running a business. He thinks with enough resources and a German consultant, he can take over business. What a waste of an engineering degree, the purpose is to teach you to ask the right questions and discern answers.

If it was that simple, someone would have done it by now. Wouldn't you agree?

Armada made the same mistake by throwing resources and hiring not a German, but a Dutch consultant Leon Harland to be the CEO of bumi armada. Sadly it didn't work out so well. Maybe they should have hired icon8888 instead as he seems to think running a business is as easy as 123.

You can check out project wins in hong Kong and Singapore, where they have won the contracts to supply water meters for 4 years running. So yes it can beat China. As for mature business, if you understand non revenue water and smart meters, you will understand why this quarter they increased sales from water meters by a lot.

As for your German consultant etc etc, can you then explain to me why finance minister LGE awarded the 11.86 billion to gkent/mrcb?

The answer though is very simple. There are those who only know how to talk and talk, and there are those who have a proven track record in Malaysia of handing over and completing projects on schedule, within budget and with no problems to end user. George Kent also happens to be cash positive with excess 206 million ringgit in cash to capture more projects, unlike some companies which are working very hard but unable to pay off their debt interest much less the principal amount.

When you have an FPSO rated to produce 80k bpd buy only managed to output from 20k bpd to 33k bpd, then it is a bad sign.

Probably they need that German consultant instead.


>>>>>>>>


If you talk about it’s water meter business, can it beat China (your favourite argument) ? Even if it can, it is a Mature business with limited growth and scalability. Yawn....

A long time ago I came to the realization that hengyuan is not a wonderful company. Why did I think it so? If it was a wonderful company, Shell would not have sold it at Rock bottom proceed to a China company, and someone somewhere would have paid a higher price for it.

There are however, stockraider who think hengyuan is worth 35.

Investing is the only industry where everyone is an expert. Or thinks they know more than everyone else. I readily admit I know little about running businesses, but I follow the trail, smell and patterns of wonderful businesses.

My job then becomes easier, start with the wonderful business first, then buy a little and follow it along the way, all the whole adding my position on those that keep performing year after year.

I have learned that the share price and dividend increase usually follows in time.

Nothing mind boggling. I can predict with 100% certainly that next year PCHEM revenues and net profit with be far more than today.

How do I know that. PIC, a structure that has more steel than 10 klccs.

Investing is really about discipline and keeping to your core philosophies. My favorite example was when Warren was playing golf with friends and they wanted to put a friendly competition and gamble a few dollars. To their surprise Warren was very vehement on not gambling event a quarter. His explanation was he needed to keep his discipline in all things even the smallest of bets. He loved certainty above else, the lowest risk for the best reward.

Small things lead to bigger attitudes which end up with dangerous decisions.

My advice is to avoid gambling and already taking the road with the least risk to get the highest upside. Safety first.



>>>>>>>>>

Posted by qqq3 > Jul 1, 2019 7:49 AM | Report Abuse

Philips....share market, higher the risk assumed and proven right, higher the rewards.......meaning......if Armada continues to do well and no rights issue, this can be very rewarding..........

Armada 6 billion shares, no one is able to control its price., future events will determine its price.

unlike OTB shares where all u need is a syndicate who says go or not.

I was about to give up on icon8888, but he shows an ability to learn yet.

I am giving up on choivo, who advised against something without a concrete reason why offhand. Investors should keep an open mind, but need to be decisive when looking at business models and valuation.

>>>>>>>>>

Posted by Choivo Capital > Jul 1, 2019 4:29 PM | Report Abuse

I would suggest against it.

Finally, a wonderful stock to intro by Icon8888. Yes I am very familiar with Faber mediserve, which is in charge of all of sabah hospital facilities management. Today it is called sedafiat due to previous link with Musa Aman trying to take a share of the hospital management business, but in the end still need to work with uem group.

Uem sounds like a complex company, but in the end it is a simple system with a huge competitive advantage.

In healthcare management, doctors only know how to operate and treat, but daily operations has to be run by an efficient and well managed team or risk huge dangers to life. There is the building automation system for chiller and lighting, operating theater management with moidture and humidity control for infection, ro water systems, fire fighting systems, waste management systems etc. Very few companies can manage all aspects, and those that have the capability has to keep a diversified assortment of engineering and technical teams.

That is why uem can get jobs in Singapore, India, Indonesia etc because they already have a system in place to diagnose, improve and provide competitive bids.

The same team that knows how to manage the sewage waste plants for hospitals is also the same team that now management the sewage treatment plant for PLUS group.

Similar to George Kent which is a rail specialist, water specialist, uem is also a facilities management specialists. Ironic thing is, most political parties change and fight with each other on who gets the maintenance contract for road pavement, hospital management, infrastructure management etc, but in the end, they still need to work together with edgenta.

I like it. Good cash balance, very monopolistic business model, secure and dependable growing profits. You can always tell when you find it hard to find their competitor in the Bursa market.


>>>>>>>>>

Posted by Icon8888 > Jul 1, 2019 2:47 PM | Report Abuse

sifu philips, UEM Edgenta good or not good ?

Finding costs and long term oil extraction costs are exactly what I use to measure the viability and the capability of a company to pay for fpso charters. A good example is ptsc with lam soon, where even though the force majeur occurred with China, petrovietnam still has to pay penalty clause to YINSON which pays for the ship conversion costs.

In either case oil prices just as everyone is worried too low it will recover. Just as when it was at all time high everyone thought the price will never go down anymore.


>>>>>>>>>>>

Posted by OrlandoOIL > Jul 1, 2019 8:03 AM | Report Abuse

Both Armada n Yinson d risk is d same in oil prices too low

Cannot jz look inside must oso consider their customers' cost of production

Whn oil prices r too low not viable compared to cost of production d customers wil stop production n stop paying despite contract signed

No it is in part 2, as part 1 is all my own stocks where I am 100% owner, pchem and stne are joint ownership with friends and family. I should be able to post it up today.

Here comes Calvin again with his half truths and wonderful lies. QL does not care about shpg22 not Calvintaneng who try to bomb and say QL is not good etc. It doesn't care. It is an 11 billion dollar company. Not some 400-500 million ringgit microstock which Calvin so called value investor buys so often.

For those who say family mart has no future and mix with fake news, I invite you to visit any of their 108 locations ( and adding more each day) around Malaysia to taste and make up your mind on the quality, freshness and good taste. One thing I can guarantee, QL will have its 300 locations in Malaysia before long, and as usual ahead of expectations and ahead of schedule.

QL will continue to grow and grow and grow, while Calvin favourites like TALAMT, o&g stocks, ASB will continue their cycle of ups and downs and uncertainties.

It is easier to lead the camel through the eye of a needle than to teach Calvin how to invest in wonderful companies.

https://klse.i3investor.com/blogs/phillipinvesting/212928.jsp

https://klse.i3investor.com/blogs/phillipinvesting/212928.jsp

https://klse.i3investor.com/blogs/phillipinvesting/212928.jsp

Part 2 to come up next week due to some overseas commitments currently.

I am sure bjtoto is a good company that pay s a high dividend to is shareholders and has a monopoly on its license which will be very hard to break our lose. It is the epitome of a company that your lazy nephew could run and still make money.

However, 2 major problems turn me off.
1. In Sabah all 4D gambling has to pay a 10% tax from state government which then reduces the amount of legal buyers and increase the illegal ones. Illegal gambling is rampant in Sabah due to this. There is no guarantee that such a tax would not be implemented nationwide as a source of government fundraising, causing more problems
2. A huge amount of earnings is given out as dividends, meaning not much is left to do business expansion and getting more be source of revenues. So in fact, a pe of 12.5 is more inline with the intrinsic value of bjtoto, if you derive this from the mental model rule of 72, which is a basic compounding simplification. Basically y using time of 72, 72/5.78(interest rate) = ,12.45 you will double you money in 12.5 years. So as it is one of the most safest forms of investing with low risk. The returns are very much clear as day.

Magnum on the other hand, is overvalued.

>>>>>>>>>
BJTOTO has double the biz n profits of MAGNUM, so its Price n mkt cap should rightfully be double too i.e. > = 270 X 2 =
Dated on:
26/06/2019 4:02 PM

Marlim FPSO contract is in the bag. Yinson Intel submission is estimated charter rates at USD 750k a day ( modec submitted 650k, but is only bidding for 1 package instead of both). Revision if rates to 709k per day and submission completed.

At least Icon8888 makes a good call and writes articles which invite discussion, unlike someone who dominates comments with long copy paste and nonsensical replies, the total reverse of cp teh.

In fact I do agree with Icon that kraken is the major overhang of armada, and when they get that fixed it will provide much clearer picture of their ability to buy only pay their debt, but also their ability to pare down the principal.

As for yinson being overvalued? They are the ONLY FPSO tenderer left for 2 back contracts ( others left due to not so strong financial strength), and are the stronger of 2 tenderers for Ghana greater pecan project. None of which invited bumi armada to quote.

I am confident YINSON will win all 3 and share price will go to rm10+.

When it does so, I will have my third 10 bagger stock out of 5.

Tell me again why I should listen to you who says dgsb doubled share price in one month, hengyuan go up to 35, sapura rm3?

One thing I can guarantee, armada will find difficulty in raising money from the institutions and banks with their performance. A cash call and rights issue from Bursa will be necessary and inevitable.

Whatever numbers posted up and beautiful stories written will not his this FACT.


>>>>>>

Posted by stockraider > Jun 30, 2019 11:45 PM | Report Abuse

Enoughlah....Icon make a good call on Bumi Armada, but this Philip try to pour cold water loh...!!

Surely Bumi Armada Rm 0.215 and sapnrg Rm 0.30 should higher greater margin of safety than overvalue Philip shohai stock Yinson Rm 6.09 loh...!!

The problem with icon8888 is he thinks he knows everything about armada. He doesn't know what he doesn't know. For the rest he just assumes that since the price is so low compared to historical, it is a good buy.

For me I am a simple man who admits he doesn't know much about the litigations, the performance of kraken, the removal of CEO, the possibility of paying off the big debt (and interest), the OMS business, their ability to compete with peers in capturing new project tenders.

There are so many assumptions to be made with armada that frankly not even the banks can make head or tails what to do.

And since I don't know what I don't know, it is simple. Wait for clarity and stay in the sidelines.

Good luck to icon8888, hopefully he doesn't buy armada with one hand on the steering wheel like he did with LCTITAN.

everybody else are stupid

you are the best.

Icon8888 is the wonderful sifu.

Hard to comment here when everything anyone says which is not music to your ears tends to have a sharp retort.

Then again, when someone has put money into the stock and writes an article, the last thing they want to hear is the voice of reason.

It is far easier to surround yourself with nodding heads and smiling voices saying what a brilliant investor you are!

So kudos icon8888, you really are the best at understanding numbers and making assumptions from financial reports. Love reading your articles. I'll just keep quiet and agree with your remarks and articles and skip over the few glaring errors in your article.

Yeah, good article icon8888, make it count. Don't waste all that effort with a small position, make it count!

Stockraider logic is ALWAYS MISGUIDED. Hengyuan rm35 valuation. Dgsb 4.5 sen to 9 sen double share price in 1 month. INSAS is mini Berkshire. Sapura rm3 in 3 years.

Office boy mentality is full of holes, always want to argue, always want to ask for facts and figures, but he never look at logic himself.

That's why I get so angry at people like him. Learn a little bit act as if very pro.

The thing with Calvin is he misses lies with truth easily.

The is a truth in that 1 billion Chinese will visit kk. But 1 billion divided into 12 years send far more likely.

I agree with this remark wholeheartedly. Never fall in love with your stock, always list the good things and the bad things clearly. When you find a stock you like, see it as it is, nothing more nothing less.

But most of all, when you selecting a stock you must always find one which you can be comfortable holding for 10 years if needed. Because some things take time to work out.

Too optimistic too naive definitely cannot.

>>>>>>>>>>>>>>

Posted by Icon8888 > Jun 30, 2019 11:50 AM | Report Abuse

of course, too optimistic and too naive also cannot

need to strike a balance

see things as it is, nothing more nothing less

If everyone you look you see good things in every stock, then you really should not be in stock market.

In fact, buying stocks is like playing a peculiar form of badminton where you don't have to keep hitting back the shuttlecock. All you have to do is wait and wait until someone serves you a shot that you can perfectly smash down with all your power.

If you try to hit every shot, you are either Lee Chong Wei of stocks, or you end up like the lucky stock good who had to jump off the roof with his 4 children.


>>>>>>>>>>

if every time you look at something you see negatives, maybe you shouldn't be in stock market

This is definitely true. But as long as making money, then it is a good deal. Fpso charter is a easier to understand business than most, as long as you don't complicate things. Charter is fixed length with set payment for X number of years with a fixed cost and fixed profit. The challenge then becomes analyzing if the company can execute efficiently.

>>>>>>>>>>>

Doing business in India has to be competitive. Hence, I recon, that's the winning price to be in the playing fields. It works the same in all sectors entering India not only oil.

This is pure bullshit. I live in Kota Kinabalu, and the only reason why those areas are rising in price is due to artificial land titlements where certain legacy houses are cl999, while ALL new properties are cl99. There are also properties which are nt999 which are bumi lands which cannot be converted without changing to cl99 reversion.

Let me give you an example of one of those 700k house which owners have held on to for a very long time with no buyer. They bought it free and clear for 200k, and are trying to let it go for 700k.

No one is buying.

Just like asiapac the zil( doesn't exist), their karamunsing capital shoplot ( dead place). There is just no demand for such projects as time is needed for the industrial, services and commercial market needs time to catch up with the sudden influx of houses and shoplots.

https://www.propertyhunter.com.my/sale/sabah/kota-kinabalu/taman-foh-sang/40618

>>>>>>>>>>>>>>>

Posted by calvintaneng > Jun 28, 2019 6:17 PM | Report Abuse

VERY GOOD NEWS FOR ASIAPAC

SEE
https://www.theedgemarkets.com/article/unlike-elsewhere-home-prices-ko...

Here is how I looked I Armada when I was studying on it.

1) utilization rates: the osv utilization is around 48% while the fpso is around 72%. This is worrying because it means that these ships have an ongoing upkeep cost while not earning money at sea. On to of the 153 million a quarter in interest financing, what are the reasons for the low utilization rate? ( Yinson n comparison has a 98% utilisation rate)

2) basing on their previous 2.1 billion 9 year charter for India oil they are going in at around 639k a day charter rates on average. Contrast this to yinson Brazil contract ( which they are the only tenderer left) where their day charter rates are at 780k a day, there is a huge difference in charter rates. What is the reason for such a low tender bid?

3) there are multiple charter rates revision and revamp of FPSO pricing especially armada kraken where the contract price and first oil delay has caused big problems and reputational damage. I believe this is due to them taking projects in highly difficult locations and dangerous waters ( Caspian sea, black sea, North sea etc). There is absolutely a lack of well run management where inept CEO after inept CEO is running the operations. What is the reason for such mismanagement.

I liken bumi armada to Hussain bolt running with a bear trap on his leg, bleeding him out and slowing him down and his right hand constantly poking him in the eyes.

If he can solve the debt problem and throw away the bear trap and keep his hands from looking his own eyes, I'm sure bumi armada can return. The are a huge number of fpso tenders coming up where the number of players are very limited.

Problem is the are so many assumptions I would have to make to justify armada investment that I would much rather earn a lot less with YINSON ( if it works out), than take a risk on armada which will earn a ton of money if it works out.

Investments are about taking calculated risks, so I wish armada shareholders all the best.

For my last post to teach stockraider.

Understand this, mm2h was never designed to profit developers or sell high end houses to foreigners ( which any child can understand will increase overall house prices to Malaysians detriment).

The main purpose of mm2h is to give foreigners the right to live in a wonderful country like Malaysia, but they have to contribute to the growth of Malaysia ( via fixed deposit funds, buying house, bringing business in).

If you ease the application requirements, you have more quantity but less quality of people living in Malaysia.

Don't forget the children if these individuals will be competing with malaysians in the future for business, homes and employment.

Think on long term costs.

If you don't believe, just ask Calvin in his thoughts of Chinese nationals getting Singapore PR and overall singapore opinion on China nationals buying Singapore properties and taking over Singaporean jobs. He will be the first to tell you there is huge cost involved to every government decision and things a just not as simple as abc.

>>>>>>>>>>>


https://www.edgeprop.my/content/1452242/mm2h-attract-higher-quality-applicants

One lesson to learn, PE just means share price to earnings ratio. It is not a prediction of the quality of the company, not does it predict future earnings power. It is only a simplified indicator of the market perception to a stock and what price individuals are willing to pay to get a slice of the current earnings.

That is why different industries have different average pe value ( depending on market size and industry growth prospects).

Saying QL at pe50 is overvalued is beyond stupid without understanding context ( stockraider specialty: refer dgsb). One should be comparing the industry and how business is performing relative to industry.

There is an office boy mentality in thinking that low PE companies are good and high PE companies are bad. There is no such law, otherwise all Low PE companies will automatically become high PE ( due to overbuying) and vice versa.

How one should really apply PE, is as a quick item in the checklist of finding out what the average earnings versus share price of the company is in vacuum. No more no less. PE does not include debt, borrowings, warrants and dividends.

I detest brainless office boys who only use ONE metric to determine if a company is overvalued or undervalued.

It is like saying all orang puteh who does business in Malaysia MUST be rich and got money.

Brainless, basic thinking

It is highly profitable. Their quarterly net profit is more than double TALAMT REVENUE. And their margins are far better than many specialized palm oil producer, thanks to boilermech and good management. At pe50 and 10 billion valuation it shows that many people have faith and ql and are holding it at that price. Whole TALAMT, sapura, INSAS etc no one wants to touch with a ten foot pole.

But office boys will never understand why QL could grow into a 10 billion company, while his hengyuan never got the rm35 valuation he believed it could reach.

Simple office boy logic. Some people just don't have brains to think. But worse, if no brain then just shut up and listen. But worse, put everything into CAPSLOCK and talk as if he is a know it all.

If no need use brain to think anyone also can la.

DGSB SHARE PRICE RISE FROM 4.5 SEN TO 9 SEN!!! THE PRICE DOUBLE IN ONE MONTH! WE SHOULD ALL INVEST IN DGSB!

with this kind of remark, how to take you seriously? Worse is you never admit when making mistake and apologizing for such a blatant error.

At least when I make a mistake I will apologize and retract my statements.

Stockraider has much to learn about life.

>>>>>>>>>>

1.TAKE FOR EXAMPLE YOUR SOCHAI OVERVALUE QL WITH PE 50X....THEY EXPANDED THEIR PALMOIL PLANTATION BUT IT IS NOT DOING WELL BCOS OF OVER PRODUCTION AND GLUT THUS THE PRICE DEPRESSED LOH...!!

This is exactly what property developers like TALAMT, asiapac,etc etc are doing. They are using fake valuations of their assets to get more loans from bank to constantly build more and more without market supply and demand.

And now that market is drying up, they are crying father cry mother asking government to help out some more to save them from their crushing debt.

No one ever wonders who is really giving out the debt to them ( it is covered by savings from hard working individuals that put in banks, bonds from epf paid by our retirement funds) and assume it is some big corporation that will not affect us if npl becomes critical.

Only idiots blame the government for realizing this problem and trying to slow down the property market from overheating and turning into full blown crisis.

They cannot see the front of the nose and blame government for everything, and thinking of profit above all else. Just relax the requirements, let foreigners buy more at cheap prices(in rmb) and let the bubble continue for developers until one day it bursts.

Thank God stockraider is not a government official.

THIS IS NOT SUSTAINABLE.

One should never use property to speculate. Didn't US subprime crisis teach us anything? They also relaxed and opened up credit score to lend to FOREIGNERS (Mexican, China, anybody with a FICO rating below 300 also can)

But stockraider and Calvin tan has a vested interest as they own "hidden value" stock assets with properties that no one in their right mind will even think of buying.

It is pointless to explain to the crazy gold miner that is it better to open a hardware store than it is to dig for gold in the river bed. They already have their mind set.

They want the simple thing in life.
>>>>>>>>>>>

Thats is how businessmen do business bcos they do not full informations when they make decision to expand mah...!!

Go fuck off la, brainless office boy. Same as your rm3 sapura value you only think one dimensional and don't think of side effects.

For you only very simple everything.

Then ask you to use your simple brain and answer your own question.

Why is government "hindering" their business. Why is government putting strict restrictions of foreigners buying Malaysian properties cheap ( for them)?

Use your brain and give a proper answer on what FAIR REASON they are thinking in doing such a THING? Instead of giving your own made up answer that government is stupid, got money to eat got economy to earn, why new government don't act like old BN UMNO government allow sell every asset and open every business to Foreigner from China to come into Malaysia?

The answer is simple, ONLY A VERY FEW PARTIES WILL HAVE BENEFIT WHILE OVERALL MALAYSIA BE WILL NOT.

SAME LIKE HOW LAZADA AND ALIBABA PRODUCTS FROM CHINA IS GIVING LOCAL BRICK AND MORTAR BUSINESS A HARD TIME WHILE WE SEND MONEY DIRECTLY TO CHINA, CAUSING TRADE IMBALANCE AND FURTHER DESTROYING OUR CURRENCY AND ECONOMIC ABILITY TO COMPETE.

SAME LIKE PROPERTY, IT IS NOT THAT CHINA IS RICH, THE EXCHANGE RATE IS HORRIBLE, AND WILL ONLY ACCELERATE IF WE OPEN UP PROPERTIES TO FOREIGNERS TO SNAP UP. AS PROPERTY DEVELOPERS WILL NOT STOP AND CONTINUE ON BUILDING FOR FOREIGNERS IF WE ALLOW IT.

THAT IS WHAT THE PH GOVERNMENT IS DOING. THEY ARE WEIGHING FROM ALL ASPECTS.

NOT USING SHORT TERM OFFICE BOY, UMNO, BN LOGIC THINKING OF PROFIT ABOVE ALL ELSE.



ALSO.

AND PLEASE STOP REPOSTING ENTIRE SENTENCES TO DROWN OUT OTHER PROPLE REMARKS JUST TO LET YOURSELF BE HEARD YOU PITIFUL PIECE OF COWDUNG.

AND ALL CAPSLOCK MEANS YOU ARE SHOUTING AT THE TOP OF YOUR LUNGS SO AS TO DROWN OTHER PEOPLE'S REMARKS, YOU DUMB OFFICE DESPATCHER.

EVEN A 60 YEAR OLD UNCLE UNDERSTANDS INTERNET PROTOCOL. WHAT IS WRONG WITH YOU AND CALVIN TAN PUT EVERYTHING IN CAPSLOCK AND REPOST ENTIRE REPLIES?????

NO BRAIN?

Really just no brains. Argue for the sake of arguing.

You are just trying to find any reason whatever to justify your pitiful existence. Now talking about existing property business you want to look to random bullshit. So what point are you trying to make? Right now those business are in blue ocean market, your property market justification is now red market, what kind of excuse are you trying to pull?

You say whatever and bullshit whatever, then just enjoy yourself and say whatever argument you like.

No point talking to stupid idiots who claim sapura rm3 in 3 years, hengyuan worth 35, etc.

BRAINLESS OFFICE BOYS CAN FIND ANY REASON TO FIT THEIR THESIS WITHOUT TRYING TO THINK ABOUT EXISTING FACTS.

Same like your master Calvin, love to mix lies with truth to make himself sifu ( but we have track record of his results).

Stockraider is worse. Love to talk bullshit and argue for the sake of arguing, but caught time after time for not reading or understanding first and simply argue for arguments sake.

Exactly like dgsb, reverse split he say market cap price double.

Lazy already to explain to office boys who think they know everything and call everyone stupid and sochai.

Just put all your money into sapura and TALAMT and go bankrupt so don't need to see your lousy face trolling on i3 forum.

>>>>>>>>>>>

USE YOUR BRAIN THINK LOH....!!

THE GLUT CAN HAPPEN TO ANY BUSINESS NOT ONLY PROPERTY BUSINESS LOH...!!

Property overhang problems are not caused by lack of buyers, it is caused by greedy developers that wish to get the most bang for buck, and try to sell property at the highest price to make money.


my answer is very simple:

1) follow what is practiced at 1st world countries. Shift the system from sell first then build into a build first and sell system (similar to Australia etc). This introduces 2 benefits:

a) developers will be inclined to build what will really sell first and sell it at reasonable prices (as they need to build what people want to buy), making sure that there is enough buyers in the market to stop overheating and make sure supply and demand is at parity.

b) introduce a separate third party fund where buyers will put their money (and receive interest), which cannot be touched by the developer until the project is completed. This is to ensure that only qualified developers construct what they are capable of, do not bite more than they can chew, and ensures construction of trustworthy and reliable property that will last. no more overleveraging of developers to build unnecessary projects.

c) with the reduction of property overhang (speculation), there will be more resources and a search for better alpha, aka more individuals will be inclined to put money into good use in fixed deposit and bonds (for government to use in industrial, education, infrastructure and commercial projects to attract foreign investors), more money into stock market (to help growing and hardworking companies grow and get funding to grow their business and market and compete internationally).

One very good example is Yinson, hartalega and topglove, they could have transitioned from bus/rubber company into a development company (like scientex), but they transitioned into a fpso company and grab jobs internationally and pay taxes and dividends locally. On top of that, with money from institutions, bonds and individuals to help them raise more money, they are able to get more international orders and bring in the dividends from profits gained back into Malaysia.

Who benefits from property companies like TalamT? Asiapac?

Too much of just one thing is bad for the economy.

I believe money should be moved out from the property sector into growing our manufacturing and export sector. We need to stabilize the market from residential into a more balanced economy.

It can be done.


Imagine what would happen if we gave near unlimited capital to wonderful bursa companies to take on the world? What would happen then?

Samsung. Hyundai. Daewoo. Petronas. topglove. Hartalega. HapSeng. QL. Yinson. VS. United plantations. old town coffee. Inari. Liihen.

Imagine if we could help all those companies grow and export their talents internationally. the dividend inflow to Malaysia would increase the cash flow of Malaysians tremendously.

Lego.


>>>>>>>

If you are so intelligent please suggest your practical way to solve the property Overhang problems?

You will notice only stockraider can push me to feel so angry at the level of the impractical stubbornness. When one trolls for the sake of trolling, nothing much can be learned. and worse still when that brainlessness leads others to follow suit.

Very much like Donald trump. He thinks the trade war will benefit America in the long run, and punish china.

He does not realize the ones paying the tariff are the local American importers, and the ones suffering are the American manufacturers that rely on cheap goods from china to manufacture goods cheaply to export overseas.

>>>>>>>>>>

R u not as cool n calm as equanimity in dealings, always ??

Don't be so fucking stupid. Malaysia can build lots of property? Malaysia developers is borrow money from uneducated public and build.

In every other "successful" countries the program is developer build first then sell. In Malaysia is sell first then build. Developer no money also can inflate valuation of property just like talamt and asianpac to scam buyers into buying and taking bank loans on property that cant even complete.

If you want to follow other countries then follow totally la. In Australia profit margin for developers is below 30%, and they don't touch money from buyers. Money is put into a trust, and developers must complete project first then can collect money from buyers.

That is called investing.

In Malaysia almost any Tom dick and Harry with a piece of land charged to the bank can call themselves a developer, draw up a plan and sell a property out of thin air. If this is not speculation, I don't know what is. The profit margins of developers are so grossly overvalued you won't believe it.

Stockraider is a BRAINLESS sorchai office boy who thinks he knows what is good for the country.

Then go ahead, put all your net worth into SAPURANRG, and sink like the stone brain you are.

Whatever answer other people give you, you only see what you want to see, instead of what is there.

So go ahead, go hug your pastor Calvin tan and follow him all the way in to TALAMT, sapura, PROTASCO, and all those "wonderful" sucks which you think are so great.

Have a great life working for the rest of your life for others.

Why is there no change in the share price of TALAMT? This is because this is a known situation reported in march. This is not a good quarter or a good news it is just a case of instead of losing everything, they lose ALMOST everything.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6107553

But what if the fundamental business of TALAMT? Revenue of 5 million, with 1 million pbt, and negative after you minus out the operational adjustments.

As for seroja apartments? I don't Calvin has been there.

https://www.propertyguru.com.my/condo/seroja-apartment-putra-perdana-3842

Do you even know why no one wants to buy this place in the outskirts far border of Puchong even at 200k? NO. ONE. WANTS. TO. BUY.

It's in the middle of nowhere, with cyber Jaya and putrajaya being empty but with over supply of apartments and housing at far cheaper cost. If I really wanted to, I could buy a home at a more central location near putrajaya for 150k. And rent out to students at a higher price. If there was students.

Calvin is the best in i3 at mixing truth with lies. He even believes them.

>>>>>>>>
Superb Transformation

I think Mable needs to rethink the concept of profitability.

Something is considered profitable when the revenues increase, earnings increase. The income generated from operations becomes able to pay for the debt interest loans and borrowings.

When you cut off your left leg or your right arm to sell to creditors, or you borrow money from your family to continue your business it does not mean you become profitable.

It just means delaying the inevitable.

How much is organic growth? How much money is generated organically from daily business operations?

If I sell of my right arm to pay creditors, for a while I seen flush with cash. But if I can only work with 1 arm, do you think I will be as productive as my younger days?

Argue for the sake of arguing. Many ways of investing, many ways of improving economy not necessary with speculation on property. You try and go buy Singapore HDB flat la. If not for HDB, Singapore house pricing long ago become unaffordable.

Invest yes, no problem. Feed the housing bubble which will only buy Malaysians in the long run, NO!

THAT'S WHY IDIOTS LINE STOCKRAIDER WHO ONLY SEE SHORT TERM WILL NEVER BE RICH. ONLY BUY LOUSY COMPANIES LIKE SAPURANRG AND THINK OF RM3 IN 3 YEARS 3 MONTHS. TALK COCK, NO BRAIN? YOU ARE THE ONE WHO DON'T THINK PROPERLY. ONE DAY IN THE FUTURE WHEN YOU KIDS GROW UP AND ASK YOU FOR 3 MILLION TO BUY A FLAT, THEN YOU WILL KNOW THE COST OF YOUR " LET FOREIGNERS INVEST IN HOUSING" REMARKS.

BRAINLESS OFFICE BOYS WILL NEVER LEARN THE DIFFERENCE BETWEEN INVESTING AND SPECULATING.


>>>>>>>>>>>

Don forget if people have monies....they can buy anyway in the world not necessary from msia mah....thus do not be too proud...we should welcome them to invest here loh....!!

Spoken like a city harvest pastor.

>>>>>>>>>


Posted by calvintaneng > Jun 28, 2019 4:19 PM | Report Abuse

Bj Corp Calvin bought at 12 sen in year 2006 and sold above Rm1.50 for 1000% gain

Then buy Call for Bj Corp below 50 sen

Now bj corp at 26 srn just add more

After downcycle over bj corp shall move in upcycle again

Calvin loves you all

Love
Love
Love

This is how stupid middle class people with low class thinking works. They only think about themselves. Unwanted excess properties?? What does that even mean? The only reason why it is unwanted is because no one can afford to buy it.

Why don't you ask why build expensive properties in the first place?

Brainless office boys who got lucky aleays think in mindless ways.

Housing should not be a source of speculation. The are many ways to improve Malaysia economy. Why use a method which takes advantage of the poor?

>>>>>>>>

People come here to pick up the unwanted excess properties that will help the msian economy, why talk childish cock & oppose it leh ??

Over a long time TALAMT has shown a huge long term drop in value.

This is how fake Christians lie to individuals, they mix truth with lies together so you don't know where it starts and where it ends.

Long term?

What was TALAMT price 2 years ago, 5 years ago and 10 years ago?

Calvin trying to sound wise by parroting been Graham but everyone know Graham will never buy lousy stocks like this.

SHENZHEN OPENED ITS DOOR TO FDI AND TODAY SHENZHEN PROPERTY PRICES CAN RIVAL HONG KONG'S

This is good only for housing speculators like Calvin from Singapore. For the rest who don't have a house, you can ask those living in Hong Kong how much they have to pay to have their first home.

How many houses do you need? You can only sleep in one, stay in one bed a night. By exposing Malaysia to unnecessary increase of a basic need like shelter we are causing grief to the future population for the sake of speculators like Calvin.

How would Singapore like it when the water tender ends, and Johor puts up the clean water bids to the highest bidder? Open tender for clean water to bidders from Indonesia, Hong Kong, China? Imagine if every Singaporean has to pay rm1.50 for every liter of water they consume from Johor?

Cry father cry mother then?

This program is to open up housing for more speculation, and cost outweigh the benefits to the public. Those Chinese are not emigrating it staying in Malaysia. They consider it an investment, to sell in the future or rent out at high prices to those that need a shelter over their heads. Would you enslave those who cannot afford to buy their own house but must rent at ever higher prices?

And I thought Calvin was a Christian.

Imagine if his grandfather wasn't smart enough to set HDB housing for the population, but let China build, develop and sell everything.

Greedy harvest church pastors the whole lot of you.

You should be ashamed of yourself.

Wonderful! But why do many anti Calvin supporters? Probably because he tells the best lies, lies mixed with a sliver of truth. He hides the failure which but many people who believed and followed into with him, and promotes only the winners.

I have started a 2019 portfolio to track his results. This is his 2019 promotions that you can keep track of and see his total promotions and results. And as he NEVER posts his position size or his portfolio percentage weightage, we shall have to assume he averages everything out fairly, and as he almost never tells you when he sells, trades or cut loss, we shall all assume he just closed his portfolio at end of the year and restarts.

https://klse.i3investor.com/servlets/pfs/123029.jsp

I invite you to do the math. Put 100k into each stock Calvin promotes based on his blog articles, calculate you total return today with the share price changes.

This would give you Calvintaneng average yield, or the quality of his stock picks.

Then you will understand why so many people hate him. Perhaps Calvin should go to investlah forum and start drumming his philosophies there to save that forum?

Calvin is trying to make it sound as if he has single handedly saved I3 forum. Cleo clap clap!

Calvin is promoting ASB again.

TOP REASONS WHY ASB IS A SURE BUY (Calvin Tan Research) IT HAS FUTURE, PRESENT & PAST WEALTH
Author: calvintaneng | Publish date: Thu, 27 Jun 2019, 1:15 AM

https://klse.i3investor.com/servlets/pfs/123029.jsp

Time to update another entry in Calvin tan investment portfolio.
In putting forth a stock to consider, one must contend with multiple hidden information:

1. The average quality of the writers stock pick, i.e average out all his winners + all his losers to get a good idea of his acumen. The secret has always been to learn from the mistakes, not gloat over the successes.

2. What is the writers exposure i.e is he frontloading, how big a percentage of his portfolio is in this stock, how much did he buy, what price did he start the position to gauge how honest he is and how much confidence he has in his pick. How much faith would you put in the writer if he considers a stock but puts ZERO dollars into it.

3. How in depth is his analysis, does he only promote the pros of a stock but fails to list a single one of the stocks downside? Be careful of those who are overtly optimistic.

City harvest pastors tell you very nice stories in front, but the backroom details is where the real money is made.


>>>>>>>>>>>>>>>>>>>>

/06/2019 8:09 AM
calvintaneng At least Calvin puts forth a stock for all to consider

Someone is trying to take undue credit by trying to appear as an expert investor.

This is his tracked portfolio with all his comments and subscriptions for this year.

https://klse.i3investor.com/servlets/pfs/123029.jsp

Calvin will always be Calvin. He buys 50 stocks, but the point is even if some stocks gain 2000%, if you are unable to identify them clearly and concentrate your investments, your total return will still be a waste of time, as you will not have the foresight to put large concentrated capital into big bets.

I only have 6 stocks, gkent, PCHEM, STNE for this year, YINSON, QL, TOPGLOV which I held and kept buying and adding my position continuously for 10 years now.

Which would have the better performance, the one who has 50 stocks but only 50 lots in his 2000% return stocks? Or those who have 5 stocks, but has 50000 lots in the 2000% turn stocks.

That's why calvin will never tell you how much he put into those stocks, only his "returns".

He forever lives with the regret of not having the foresight and capability of judging investments and putting large capital behind his stocks, buy chooses to hide behind "diversification", or as Peter lynch puts it, diworsification.

Good luck with your TALAMT, uzma and protasco.

The lesson to learn from all of this is to never extrapolate too far out to use too many assumptions in making an investment choice.

If at all possible, it is always to be conservative and safe.

Start with real numbers, real figures and make assumptions from there.

Picking numbers out of newspaper reports and analyst presentations is a recipe for disaster.

Always remembered, downsides first before upsides.

In the absence real actual results from the power plant which is not currently up and running, the first assumptions is:


1. What if the plant runs into trouble and didn't get completed, what is the future of JAKS?
2. What if the plant gets completed and returns is half of worse projections, what is the future of JAKS?
3. What is the impact of construction delays and litigations long term?

Once we can work out with more certainty on the downsides, then and only then does it becomes prudent to start calculating your chickens before they are hatched.

Ok I forgive you. In fact I have heard the same conservative replies before from CFO. After pressing him then you will get a clearer answer. Thanks for bringing it up. Have a great week!