Netx is a scam stock which in the end even stock raider admit.

You forgot my total return on pchem. Let me refresh:

Total Return
Total Return: +13,006,069.88 [33.53%]
Total Capital: 38,785,638.37
IRR: 17.34%

Finally learned how to use i3 function for portfolio eh? Good boy.
>>>>>>>
CharlesT

His total gain in Topglove is Rm6.783M+.

Let's c

54 minutes ago

And as for my actual loses on serba, yes I lost millions on it. But as usual I knew the risks I took when I bought the company even then, and it was limited to 5% of my portfolio. But such is the price of buying growth companies, you never know when you Tesla becomes a Nikola. For me I am very conservative, 50% of my portfolio is in stalwarts like pchem, where I have already received more than half of my losses in serba in dividends (received 2.7m so far). I am at heart a conservative investor, and while I do have itchy fingers and trade a fair bit, the amounts are always small and do not risk my overall portfolio.
So lose money yes? But lose small in things like serba.
Make money, also yes. But make big money in things like tg and pchem and kpower and scib ( based on this portfolio starting from 2019 no matter what qqq333 says.) Not to mention I made in trades in Mr diy, steel ( thanks Jack), palm oil ( thanks Calvintan), transport ( thanks sho), which gave me a lot of return thanks to good analysis and sharing by investors in telegram

20.
SERBADK
SERBA DINAMIK HOLDINGS BERHAD
20-Feb-2020 - 30-Sep-2021
Completed
Total Return: -4,293,213.13 [-56.62%]
Total Capital: 7,582,031.81

There is another tab there called transactions group. If you click on that and open up serba dinamik, you will find the entire horrid adventure ( and the moment I started selling when Lawrence informed me about the scam).

20-Feb-2020 Buy +500,000 2.34 +1,173,651.50 500,000 0.00 1,173,651.50 2.347 1,173,651.50 2.347
17-Mar-2020 Buy +250,000 1.40 +351,232.50 750,000 0.00 1,524,884.00 2.033 1,524,884.00 2.033
23-Mar-2020 Buy +1,900,000 1.12 +2,134,477.60 2,650,000 0.00 3,659,361.60 1.380 3,659,361.60 1.380
20-May-2020 Dividend (Ex) +2,650,000 0.012 +31,800.00 2,650,000 0.00 3,659,361.60 1.380 3,627,561.60 1.368
14-Sep-2020 Dividend (Ex) +2,650,000 0.013 +34,450.00 2,650,000 0.00 3,659,361.60 1.380 3,593,111.60 1.355
23-Nov-2020 Dividend (Ex) +2,650,000 0.0135 +35,775.00 2,650,000 0.00 3,659,361.60 1.380 3,557,336.60 1.342
05-Mar-2021 Buy +500,000 1.73 +867,751.75 3,150,000 0.00 4,527,113.35 1.437 4,425,088.35 1.404
16-Mar-2021 Dividend (Ex) +3,150,000 0.016 +50,400.00 3,150,000 0.00 4,527,113.35 1.437 4,374,688.35 1.388
31-May-2021 Buy +200,000 1.13 +226,866.70 3,350,000 0.00 4,753,980.05 1.419 4,601,555.05 1.373
01-Jun-2021 Buy +3,000,000 0.795 +2,392,235.75 6,350,000 0.00 7,146,215.80 1.125 6,993,790.80 1.101
01-Jun-2021 Sell -2,000,000 0.895 -1,784,519.50 4,350,000 -466,257.13 4,895,439.17 1.125 5,209,271.30 1.197
14-Jun-2021 Buy +1,000,000 0.58 +581,911.00 5,350,000 0.00 5,477,350.17 1.023 5,791,182.30 1.082
15-Jun-2021 Sell -1,000,000 0.695 -692,749.75 4,350,000 -331,054.02 4,453,546.40 1.023 5,098,432.55 1.172
22-Jun-2021 Buy +1,000,000 0.60 +601,970.00 5,350,000 0.00 5,055,516.40 0.944 5,700,402.55 1.065
28-Jun-2021 Buy +1,000,000 0.33 +331,173.50 6,350,000 0.00 5,386,689.90 0.848 6,031,576.05 0.949
30-Jun-2021 Buy +1,000,000 0.34 +341,203.00 7,350,000 0.00 5,727,892.90 0.779 6,372,779.05 0.867
05-Jul-2021 Buy +1,000,000 0.40 +401,380.00 8,350,000 0.00 6,129,272.90 0.734 6,774,159.05 0.811
06-Jul-2021 Buy +1,000,000 0.50 +501,675.00 9,350,000 0.00 6,630,947.90 0.709 7,275,834.05 0.778
12-Aug-2021 Buy +500,000 0.415 +208,312.13 9,850,000 0.00 6,839,260.03 0.694 7,484,146.18 0.759
21-Sep-2021 Buy +300,000 0.325 +97,885.63 10,150,000 0.00 6,937,145.66 0.683 7,582,031.81 0.746
30-Sep-2021 Sell -10,150,000 0.325 -3,288,818.68

The commission and stamp duty is automatically calculated by i3 investor system based on their assumption if I used their affiliated broker, which is M+. Now obviously I am not using m+, and I pay far lower rates with my bankers for my transactions, but the point is really not how much I pay for the nickel and dime costs, but why I actually bought the stock at 68 cents in the first place, and why I averaged down.

The simple fact for serba was that I had to take the financials at face value, and since I had friends who are managers in the Sarawak office I had some belief that the results were accurate (apologies Lawrence in advance, you did inform me about the pangerang lots which the contractor are not paid at all). And thus if the financials were believed and the revenue and earnings were true, I was averaging down into a very good company which was selling at a substantial discount to assets. At that point of I still had faith in the company.

But the more important lesson to learn is to understand that one should never fall in love with the company, you should always review your sources and if the fundamentals of the company has changed, you need to sell even at a substantial loss. Trying to hold on to your shares which had lost a ton of value just because of pride can be an expensive lesson. Better to sell, recoup at least a position of capital and reinvest it elsewhere. You really don't need to make back your money in the same stock you lost it in.

For those who know how to look at portfolio and p&l transactions, this is what my trackable portfolio of 4 years is showing here. Not that I am trying to show off or "flex", but simply to show how I did it, how I am doing it, and what the results would be if you invest conservatively and with a understanding of what you buy. Of course just like everyone else I definitely MAKE mistakes. HOWEVER, as you can see from my portfolio, the risk of making mistakes when buying growth companies using my criteria ( and the eventual duds here and there) is BALANCED and profitable with the huge returns of the growth companies that I have bought over time. Key word here is TIME. If you want to buy growth companies, you need to wait and be able to see the GROWTH coming in, which will then offset the losses from those growth companies that fail to go anywhere.

4. Always have a backup funds. You will notice ( I remark constantly), that I have 30% unutilized margin that I normally only put in when something very cheap comes along. And when my profits have increased substantially, immediately pay it off.

For me I only gamble with margin to average DOWN. Too many gamble by AVERAGING UP, which is dangerous and silly.

Margin is a double edged sword. Be very careful how you swing it.

3. Have a understanding of the big picture. In my case it is simple. Malaysia is a small country where finding growth companies is hard. But since the best profits are from growth companies I try to find it in bursa. And what are the rules of growth companies in bursa? The big picture is very simple.

Find the company that buys materials and pays salary in myr, then goes around and exports the products or sells it in USD. Bigger market, bigger TAM, bigger growth over time. That is why I avoid companies like banks and utilities and local consumers usually ( unless I am doing a trade). They have limited TAM and can only sell within Malaysia.

Obviously nothing wrong with that ( one can still make money buying and selling any stock in bursa), but like I said. If you are buying growth companies which manufacturer in Malaysia and sells their wares overseas, you WILL do well over time. This is my investment mental model, it has served me well, and I continue to look for companies which do that that are asking for a fair price.

Skpres
Yinson
Harta
QL
Pchem

They all share similar characteristics, produce locally but sell internationally.

2. I keep buying stocks in similar industry aka businesses that I know about. In my case my area of expertise is oil and gas and engineering production fabrication manufacturing. That is what I understand and that is what I buy. I only buy what I understand.

You will realize 1 thing:
1. I have very few transactions compared to say a day trader. And yet, somehow I have better results. Trade less, buy and sell less. Think 2nd level before buying. You will notice you start having better results just by slowing down your buying and making sure you know exactly what you are buying and why.

There is a simple button up there called transactions. Just click on it, and set it to display last 500 transactions and you will see my entire transaction list since 2019. After you finish looking, then you can comment or decide. If you start commenting without even looking at what I buy, when I sell and my explanations in the comments of WHY I sold, then please don't even bother commenting at all. Otherwise you lot are just embarrassing yourself asking questions without even being the least interested in any form of answer.

Believe whatever you want. If you don't even know how to read a profit & loss statement, no wonder you lose so much money on the stock market and feel the need to insult others to make yourself feel better.
>>>>>
qqq3333

U come to i3 with huge amounts of unrealised profits.....all gone already?

1 hour ago

Let me simplify for you. 50% of my portfolio is pchem which average cost after deducting all dividends is 4.2. thanks to your advice I bought kpower and scib which including warrants I made 4x before selling ( which you also told me about). More importantly I also made a ton of money on my topglove which I sold in 2020.
Why don't you look at the transactions list for once instead of just simply talking off your head like you did with your China propaganda.

And you are still here? All you ever do is talk bad things about stocks and other people investments. But for all your talk I don't see you buying excellent companies like pchem at 4.19 and tg at 4 on the onset of pandemic. I wonder what all the trolling is gaining you? Do you actually enjoy being a troll or do you actually make money from your investments? I have yet to see you have 1 good investment result yet.

>>>>>>

i3lurker

A lot of jokes are made on EPF dumping and pumping.
If you are not blind
and had eyes to see for the Serba case,
EPF will not hold any shares in Doom companies.

Still talking nonsense. And yet my portfolio is still averaging 24% compounded annual growth rate since 2019 when I first started tracking. Just like I did when I first started buying excellent companies for fair prices like QL, yinson,tg, pchem, pb when no one wanted it. And yes despite duds like serba and gkent I still outperform you. Why? One good company like pchem and tg during the "lucky" years is more than enough to cover all the other losses from others. Meanwhile I get to buy harta for 1.67 when no one wants it and simply have to wait for when the business recovers and collect dividends every quarter.

>>>>>>

i3lurker

Winter is coming.

Its still hot summer.
Winter had NOT come yet for Gloves.

This shows the quality of your education and how shallow you are as a person. For one thing, my portfolio is based on purchases of companies which I have been holding for years and with billions of dollars. Those are known entities and which no one needs you to flex or move anything. Only shallow children will think that. I am not like a kyy or kcchongz or otb etc who chose to buy micro cap companies where a purchase of 10-30 million make up 5% or more if the company market cap. For me I buy companies that are in the range of 6-60 billion. Tell me, how does having 50% of my portfolio in pchem do anyone any good by showing off or flexing? First you say I don't have money. Next you say I want to flex. Which is it? Please apply more critical thinking.

In fact the desired effect has already been gained with my portfolio. The point of my portfolio is simple: that buying wonderful companies at fair prices and holding them for a long period of time will result in good returns over time. And over my entire investment period since I started the portfolio, since 2019 until today 2022, I have a CAGR of more than 24%. Yes, compounded annual growth yearly of 24% over 3.5 years. You can call it fake numbers or whatever, but the fact is every transaction is recorded. Every sale is recorded. With date and time stamped on the comments box ( which I can't edit) and in the transactions area. So what does my "fake" numbers tell? Buy excellent companies, trade less. Wait more. Good results follows without trying to outbid or over trading.

>>>>>
arv18

??????

Very odd Phil. You're the one who put this portfolio here for the world to see, not me.

First time using portfolio function? Go scroll up to portfolio, under transactions you will see every transaction I have made since 2019. Check the latest 3 entries and see when the purchases were made. Then you can check the volume done.

If you think I am really silly enough to post in real time when I buy or sell, that is more about you than it is about me.

>>>>>>
STFU_FU

Posted by Philip ( buy what you understand) > 2 hours ago | Report Abuse

Bought 1 million shares @1.67

===== >>> wah philip , not only you are a dumbass who don’t understand what you buy, you have even resorted to lying and cheating …. Show us how did you buy 1,000,000 units @ RM1.67¢ when the lowest transacted sales for HARTA this morning was RM1.69¢ done. What grass you smoke this morning ?

Total past week I bought 3m shares of harta from 1.87 to 1.63 lowest. Ok la, cheap discount why not.

Still commenting on other people's public portfolio? Anything else new that you can do in life? Maybe something constructive for example? How is your foreign ETF going?

>>>>>>

arv18

didn't get d memo ah bro? every1 is a taikor on i3, averaging down in serba and harta till they own the whole company!

Bought 1 million shares @1.67

Too lazy to calculate, but not too lazy to troll. Very free to be an ass, but never free to calculate. Today's strawberry generation, can tell you are in your early 30s by how you talk and act. Get a proper job young man. Remember being an online troll is not a profession.

This is why half past 10 "investors" who spend to much time trolling but little time in understanding.

Pchem
Realized gain 3.3 ( sold to clear margin)
Unrealized 6.7 ( which dropped from previous high of 10) but who is counting
Dividend 2.7

Total return 12.7.

My harta loses
Unrealized loses 7.8
Dividends 1.0
Total unrealized 6.8

Do the math kid. If you are lazy to count then it's just how your are.

HOW YOU DO ANYTHING IS HOW YOU DO EVERYTHING IN LIFE.

If lazy, how to get ahead?
>>>>>>


CharlesT

Aiyo yr paper loss alone in Harta is higher than yr paper gain in Pchem

1 hour ago

Then why are you commenting so much on my personal portfolio tracking page? I thought your hobby was just to troll investment threads without giving any investment theories and ideas of your own?
>>>>>>
arv18

Not only do i protect my money from devaluing ringgit, poor index performance, but i also insulate myself from listening to people such as yourself, con you yin or otb (who aren't licensed to give professional investment advice anyway).

8 minutes ago

Obviously you are wrong again. If you actually looked at my portfolio breakdown, pchem had always been my largest position with 50% of my portfolio even after adding margin, which I reduced later on when prices went up to 9 and 10.

>>>>>>
CharlesT

Yr savings on opportunity loss /actual loss/ paper loss r certainly higher than yr paper gain in Pchem

1 hour ago

I'm sure just like you joined me to buy pchem at 4.19, and now enjoying 40 cent dividends every year.
>>>>>>>
ago


CharlesT

I may join him to buy Harta happily in 2023 or 2024.....

So you are another one of the special savants who believe stocks should only go up instead of down, and if they go down it is immediately a bad stock? Incredible. You seems to have skipped the part where you forgot to buy harta at 3.5 and watch it zoom to 21 and just concentrated on the part where it dropped from 21 to 1.7. funny, I'm sure you also forgot to buy the company when it was doing very very well. Too bad, please stick to your foreign ETFs which you also seem to know nothing about I guess. Meanwhile just to prove a point, you can see my topglove holdings from 2019 until I sold it in mid 2020, and when I bought hartalega when the price was good and cheap. Something to learn there. It's tracked publicly with every single transaction maintained over the years. Check it out. You might actually learn something. Or not. Just stick to your foreign ETFs.

>>>>>>>

arv18

?????

A "good" company like Hartalega drops from RM21 (peak) to RM1.77 today.

okay then.

i'll pass on the 14sen dividends, ringgit and on KLSE in general.

just stick to foreign ETFs.

And for silly kids like you who don't know how to count. I am getting 3.5 cents dividends per quarter, I only managed to get a little bit of shares at 1.63-1.65. but if every year I am getting 14 cents to wait for hartalega to increase their profits, that is 8.5% yield for me to enjoy getting profits from margin callers and stock gamblers. Blood in the streets indeed. Buy excellent companies when no body wants them. By the time you realize companies like pchem, QL, yinson and harta is a good deal, you would realize you don't own any while those who bought when everybody selling will get to sell when everybody buying.

Good luck kids.

ago


arv18








i think you haven't bought enough Phillip. you should consider buying another 1 million shares...
>>>>>>>>
Thanks for the reminder, I just did buy more at 1.63 and 1.65

Just bought 1m@1.87 shares today of hartalega.

And he is back again. Look again at my percentage gain over the entire investment period. Long term investors versus short term investor thinking. And the answer is yes I am building up my position in harta over time. Let's look and see how things go over the period as harta has guided towards 2023 and 2024 for return of demand and closure of many factories. Unlike you kids who only look short term, I get to just hold on and build my position and enjoy my quarterly dividends of an excellent company growing over time. Funny how people only talk when they are up, and when they are down they keep quiet.
>>>>>
Maxpowar

Exactly, don't forget he lost a shit tonne on serbadk too! old man has got early onset dementia kot..hahaha

12 hours ago

I wonder what we can say about those who never had glory days to begin with and yet very good at talking about others...

>>>>>>
07/2022 3:19 PM

investmalaysia618 guess mr watch paint(wallet) dry is just another typical old man who likes to talk about past and share his glory days. market is changing rapidly. past performance does not equal future performance
13/07/2022 3:28 PM

Then? This is my portfolio page you are in. My own portfolio page I should be able to say whatever I want. The day you are brave enough to keep your own portfolio is the day you get to say whatever you want also.

This is why I practise long term holding, so you don't have to worry about silly kids and their boasting and drinking beer. They cut loss and cry, while good companies make money while the sun is up

So did you buy at 7.8 for a cool 10% gain over 1 week?

>>>>>>>>

07/2022 4:58 PM

Maxpowar Philip (bought what he thinks he understands but lost his pants) 7.88!! Oh my goodness, didn't expect my pchem TP 7.8 hit today itself,approaching 52wk low. The support line is broken, next support at 7.6, followed by 7.4. Must be a dilemma to decide whether to take profit now and slapping own face of breaching own advocate or keep holding while becoming laughing stock on i3.
Either way it paints a really bad light on you old man haha!
13/07/2022 5:16 PM

The only fake one here is you. Look at this date of posting. When topping up post so many messages on the forum. When so called "selling" at 43% profit suspiciously quiet. But a lot of messages saying disappointed in the company for esos la what la. Come on kid, when did you exactly sell your shares in tguan and make such nice profit? Or instead become sour fruit when you lose money buying old man company like tguan hoping it will be something more just because bought at low PE? Haha, poor loser can't even get your facts and stories straight.

Let's be honest who lose more money here? You or me? Trying to talk bad about other portfolio why not concentrate on your own fake investments with 43% gain but talking nonsense sad stories on tguan forum.

Sipping margarita? Try going back to your nightmare of a career. Probably 30+ thinking you are smart borrowing money to go all in on tguan only to lose your pants and your future.

And now feeling salty and looking for someone else to blame.

Sorry kid, the only one you can blame for your bad investments is yourself. Trying to bully other people just to feel good is a waste of time.

>>>>>>>>

Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD

2021-01-06 17:53 | Report Abuse

Topped up at 2.40 today. Intraday went up to 2.46. Could be a sign of rebound,...

Not to mention your detail analysis on Tesla that make our group buy it at 450 before it jump to 1100. Thanks desa.

You realized I doubled my money in 2020-2021 right? What are you talking good few years. And it was your advice on kpower and scib.

>>>>>>>>
qqq3333 in any case this Philip had a few good years thinks he is God,

So says the loser who is hanging around my portfolio page with nothing better to do in life. The problem with kids like you is you look at the zeros as more important than the journey and the process. Obviously since you have no process or logical comparative analysis in your investment you have no portfolio. And thus you are forever always not doing well in your investment or losing money and try to bring everyone else down just to make yourself feel better. Very sad indeed, kids today are so fragile and trying to troll everywhere just to feel better.

What have you really contributed in life and in i3investor except to talk a lot of noises which don't make sense, and no results at all to compare your words.

Guess what, I do. And since the only thing you can do is troll, I feel pity for a child like you and will let you enjoy whatever you want to talk about.

Or how about this, better yet. Since you know how to talk so much, why don't you start tracking your own portfolio online here on i3 with whatever imaginary numbers you want and let's see how you do over time.

Looking at your performance, I think you can start with 100 million as a starting capital on i3 and "buy" whatever shares you want. Let's see how you do over time.

I promise not to laugh. Much.


>>>>>>>>

Maxpowar There is none to learn from an ego-driven person, someone who probably fabricate a portfolio to gain attention. God knows he's just a guy who's stucked in rat-race, pretending to be a multimillionaire.

Much better than someone with multiple fake accounts and doesn't even keep any track record but find joy in trolling and arguing on investment forum. Waste of time. Please stick to your day job, you probably need to work 2-3 jobs.

>>>>>>>
07/2022 8:06 AM

Maxpowar Honestly, your tracked portfolio is becoming more like a public joke..
13/07/2022 8:12 AM

Oh sure thing, everyone always seems to know when to buy and sell at the perfect timing, especially as you said you bought your position at 2.69 in one of your early posts in the group. So how did you get 43% profit taking eh? Luckily I'm the one who maintains a picnic portfolio with all my buying and selling by date and time and performance. ( I'm sure you didn't see me hold and sell my topglove, and yes it is tracked meticulously in this portfolio with every date of buying and selling). And guess what, you are full of nonsense, as my pchem was also bought high and low at 4.20, with huge dividends along the way. So why don't you run along and start your nonsense elsewhere. My portfolio is still more than double my initial start when I maintained this portfolio in 2019, even across this period ( with huge gains in topglove, pchem, kpower,scib and trades in harbor, innoprise, choobee and others), which I am sure is more that I can say for you. But then again lacking a trackable portfolio, you can say whatever you want.

Why not instead of 43% profit just say that you made 430% profit on your tguan that you are happily telling everyone to buy and peddling everywhere. I'm sure with your perfect timing and buying, you can sense with your crystal ball when exactly to buy and sell for maximum profit.

Guess what little kid, in my 40 years+ of investing( and yes I am 62) now, there is no such thing as perfect timing. There are ups and there are downs. If you can't even handle the downs, you should not be investing at all.

But guess what? I am still maintaining a 20% CAGR over 3.5 years tracked in this PUBLIC portfolio for criticism by kids like you, aka my total profit from 2019 until today is more than DOUBLE what I started with. And yes my other tracked public profile since 2008 is averaging 20% CAGR. And yes, lumps of up and downs. In investing anyone who can tell you the get 20% consistently EVERY year is either lying or a fraud.

Trust me, THERE WILL BE UPS AND DOWNS.

I think you should just stop trying to actively invest and go back to fixed deposits. Or get a day job.

You seem to not understand how to invest at all.

The question to ask is not how many company stock price is lower than cash, but to find out why Insas stock price is lower than cash for 7+ years, and still the stock price remain the same, while "cash" and value become higher... for 7 years, it is definitely an amazing result that begs the question, how many 7 years in your life does one have?

Or maybe I might just start buying Tguan eh? Did you cut loss on that investment I wonder?

>>>>>>>


Maxpowar Let's see if mr.watch the paint(wallet)dry would cut loss. If he does, let's see if he got the guts to update it here. Will he vanish from the platform like how he crept in not too long ago? hihihi...
07/07/2022 10:05 AM

What is our opinions?

The answer to this is cost basis. As the market currently now values almost all stocks in the market at very cheap price lower than its selling cost, for yinson it then becomes cheaper to just buy back the stock which was previously raised in pp instead of using the pp cash to reduce debt. And add most of the debt is long term debt at cheap rates, it then makes better sense to invest the money and grow capital instead. In buying back stock at cheap prices, it then saves money for dividends to lesser shareholders, and also retired stock that can be used for the upcoming listing and spinoff of the FPSO project incoming.

I suspect max and 618 is the same person just trying to troll as their lists are all about criticizing with no form of sharing at all. Good luck on your investing.

The thing about QL is you kids only know how to look at share price. Forever looking at share price. Very sad if that is all you know. Understand the business. Look at how family mart is fully growing without using parent cash anymore. It is a standalone arm under QL that is growing arm blazing.

And for chicken and eggs business look at how every other competitor is losing money and quitting the industry. When government realizes how this is bad, and let's up on fertilizer and chicken prices to make things work, QL will still become the most efficient producer and make tons of money when everyone has left the market.

That is when you will realize why I am still holding on to an agrigiant like QL as well as the other 11 billion market cap shareholders.

The reason why the rich get richer and the poor stay poor is simply the fact that the rich can afford to wait and buy the best, while the poor keep buying and selling short term

If we are all going to be completely honest, how is YOUR portfolio doing? Hahaha by avoiding klse tech stock, it seems I have outrun the crash. And by selling my palm oil stocks early, it seems those who jumped in are buying at ath stock prices eh sslee?.

Investors like maxpowar don't realize that my position in QL was started on 2009 and it is still giving me huge dividends and stable positioning 13 years later compared to your "tech" stocks.

And investmalaysia selling 80% of your genting during the "spike", how is that crystal ball working for you? Care to share your portfolio?

Very true, but mental models are very important also to understand why.
Kenapa ahli politik makan duit? Mereka pun takut juga kena tangkap sprm, kena ini Dan itu. But why do they still do it?

This is simply because politics is a business. The architecture is such that in Malaysia one must "pay" and contribute to become yb, minister, pm etc. Your ability to convince grassroots to help you, to get other politicians to support you comes down to your ability to work with business people to get results aka money back into the pool and give back to your supporters. That is the problem with politics in Malaysia. Until we find politicians who can show ability to lead first (then money), we will forever require that politician give money first ( then lead)
>>>>>
Posted by chinaman > 1 hour ago | Report Abuse

Boleh miskin $$, tapi kaya dari segi budi dari segi akhlak. Ramai ahli politik dah kaya raya tapi masih makan duit betul? halal ke?

Miskin bukan kerana sifat malas, sifat tamak: tetapi "scarcity mentality". kekurangan wang membuatkan individu buat kerja bodoh.