Giving extra ESOS to his children no less who is the head of RCECAP. Why not? Slowly take away and dilute all of minor shareholder value, and giving it to his kids, which are not exactly the best managers in town ( look at the management services division, pathetic.) Contrast their management performance to AEON credit, which as you say basically do the same thing. Which has grown better MINORITY SHAREHOLDER value in terms of share price and growing dividends? Which has increased the business value over the years. And still you want to award ESOS for average management. I wonder how much ESOS did they award the workforce of aeon credit?

That answers your question right there.

And that is also why major funds ( only around 14 million shares, really wise) are avoiding investing in this penny stock.

I would not want to invest my future epf money here.

Average company. How long do we have to wait until the business gets to all time high in revenue, profits and share price? The last time share price was above rm2 was in 2007.

Limited prospects, terminal value, limited growth.

I pass.

Berkshire Hathaway does not have ESOS because the owners and shareholders are aligned. QL does not have ESOS because the shareholders and owners are aligned. Nestle Malaysia does not have ESOS because the shareholders and owners are aligned. PCHEM also does not have ESOS because the shareholders are aligned.

I am sure ESOS can make a difference in motivation of workers productivity (not always, as only those at the top regularly take advantage), but the dilution of shares at a cheaper cost is a COST of doing business, that I calculate when I value a company.

Those who don't look at it in that way needs to reevaluate what they call wonderful stocks.

Hopefully some auditor can explain further...

As at end of this quarter, the Group has an unutilised tax allowance balance of RM99 million which can be utilised for the coming quarters profit.

TOPGLOV paid 30 million in taxes this quarter, I wonder if they will be using a part of this tax allowance to strike off their income tax in the coming quarter to give out all time high net profits and extra dividends?

HAHAHA, trying to leverage on other people's name, so desperate now? Good good... Buy more sapura, 70 billion company in 3 years 3 months...
But stoneraider say INSAS best company of 2019, meaning you sold all your INSAS sailang into sapura? Good good...
>>>>>>>


Posted by stockraider > Mar 14, 2019 12:04 AM | Report Abuse

A CHINCHAI BADLY MANAGE AND FINANCIAL IN TROUBLE STOCK LIKE FGV, CAN SHOOT UP ALMOST 50% !!...DO U KNOW HOW MUCH SAPNRG CAN SHOOT UP, WHEN THE POTENTIAL UNLEASHED LEH ??

DO U WANT TO BE A RICH BUGGER LIKE KYY, PHILIP , 3iii OR LIKE THE MODEST HUMBLE RAIDER LEH ??

IF YES...SAPNRG IS YOUR ANSWER LOH...!!

The office slave just bought RCECAP at 400,000 shares at a price of RM1.37. Immediately sell it for 30 cents profit. Wow! I wonder who is going to pay for that 30 cents, if not the shareholders of RCECAP.

ooi, dont make a mistake, SAPNRG will hit RM3 in 3 years 3 month, 70 billion market cap dont play play

Here raider philip no agree with you lo...... buy INSAS not good meh? I dont forget about INSAS mah... stoneraider say it is best stock of 2019, but now he say Sapura going to be 70 billion company in 3 years...

How leh, deep deep investing is good mah..

PE50 everyone complain overvalue, now selling at PE25, still end of the world?

Depends on how you look at it. If you not playing margin, its more like 25% discount. last quarter I buy 5.8. This quarter i buy 4.32. Then next quarter I buy 3.40. If in 2 years time it goes back to 5.8 (which I am sure it will since it is still market leader with 26% world market share), I would have earned back everything, and more.

So again, for a good stock with no changing business model, its DISCOUNT DAY!!! 25% off everything.

>>>>>>
ray1980 Some ppl bought at 5.80<>,loss 25% already.

lazycat, for november last year? yeah its true, I was using the previous 2 quarters of dividends to top up on it anyway. no choice have to pay for the mistakes that is aspion, and the new 2% short selling allowed as part of the bond sales agreement. Management did apologize, but its not like the business model changed or the industry changed. The long term business model is still there. I'm just not good at timing my investments.

Small matter, I just bought 100 lots @ 4.32 today (discount day today), while pending the quarterly report release in the next few days. Small little bite, and if the QR report shows good result, the share price will increase. If the share price drops further, I can buy more.

Note that I am still confident on their ability to raise their earnings and pay out dividends. With dividends of 17 cents last year, I doubt they will cut that any time soon. They are still earning 400 million a year, with 200 million in dividends.

If only the share price will drop to 3.4, then I can really margin all in.

Topglove is still adding 148 lines this year and next, with 18.4 billion of glove production a year.

20% paper loss is not the same as 20% business revenue and earnings loss.

Many seem to have forgotten all time high revenue in December and wonderful profits.

When everyone is downgrading TOPGLOV, now is the perfect time to buy. QR in 3 days.

Oh so Herbert Chua soi lek real name is Shane?

It's a girl I knew it! No wonder so emotional.

Sapura got possibility to make money I'm sure, but if you buy it expecting it to go to X10, I think better go tanning rambutans

Your guess is wrong, because it is clouded not by facts, but because you want it to work out.

Don't guess, find out exactly where it is coming from.

Don't confuse depreciation with capital allowance. Big, huge, difference.

Times 10 in 3 years hahahaha the next Amazon!

Laugh die me.

Up to you to believe whatever you wish. I see no such thing in all my other profitable companies (which have never registered a loss) like TOPGLOV, YINSON, PCHEM, QL. Their ppe capital expenditure dwarfs TIME any day every year. And yet I see no such capital allowance at all. The only ones I see are from turnaround companies that have made huge losses before and carried out forward to their profitable years to rationalize their investments.(LGE says hi.)

Very simple question.

What capital expenditure did they do in 2018(or 7 years in), which would allow them to do temporary difference of (72,540,000) ?

You build a fiber network. This is usually 14% if it was depreciation. So in this case you think the ppe is for what item? And it was done this year? Try thinking business sense. What exact unutilised capital allowance are we doing here. Family mart? Fpso ship conversion? New glove production lines? New urea plant?

This is why I like to keep my investments easy and simple to understand.

All I need to know is, if TIME continues to be profitable next year, will they be able to claim temporary differences of 72 million tax expense reduction every year forever? In which case this is no longer temporary, but permanent.

So if you think they can continue to waive off 72 million every year ( LGE says no) without any changes upcoming, on a growing profit before tax of 300 million. For the next 5-10 years?

Then you should buy. Buy much much more. Put all your investments into this one stock.

Because the government is bankrolling TIME over my other companies QL, TOPGLOV, PCHEM and YINSON. Which all seem to have to pay 24% tax, despite record capital investments.

>>>>>>>

An unutilised capital allowance is created each year when they buy PPE, and used each year when they are profitable. This means the probabilities of it being older than 7 years is more like zero.

FYI this only works if I don't have to take money from the public, the investors/partners are clearly stated, percentages fixed. We are all partners in the company, wth me as technical manager.

I teach you a better way. Create a partnership holding company, each member put money into the business, capitalize the company properly and get a company secretary to ratify. Do it by the word of the law, not little scraps of paper wiring IOU . Our company just happened to be based in Singapore. The principle activity is investment holding. No staff, directors manage everything themselves. I don't have any salary, no management fee nothing. What I have is 40% stake in the company. We hire a Singapore firm to do our company secretarial work as well as the accounting.

Same thing with my wife and father in law money. Limited Partnership investment holding company.

A limited fixed, "closed end" fund disguised as a partnership company.

Which we pay no tax for.

Here free lesson for you. I have been running this for years.

http://www.hasil.gov.my/pdf/pdfam/PR_10_2015.pdf

>>>>>>>>>

Phillip,

The reason why its illegal to collect other people money into your account, is because it constitutes deposit taking activity. Which you definitely need a license for.

If you're doing so, i suggest you consider splitting it up into their own individual accounts, and try and manage it by making the proportion of shares similar across all accounts.

No psperplane... You must trust stockraider and margin sailang into this stock.... He say in 3 years sapnrg will be worth rm3, 73 billion dollar company!

Most margin sailang all now. Stockraider recommended stocks sure good one!

Completely different things with the exact same application and purpose, to reduce the amount of taxable income to be paid to government.

LGE says no more.

KUALA LUMPUR, Nov 2 ― Business entities are allowed to carry forward unabsorbed losses and unutilised capital allowances in a year of assessment for a maximum period of seven years of assessment, said Minister of Finance Lim Guan Eng.

So now the question with you unutilized capital allowance has a time limit. When does the music end for time dotcom? When does this 7 year reflection end.

Or you believe, they can continue to pay 5% tax forever?

SSLEE, stockraider promoting sapura, he says it can go from 7 billion to 70 billion market cap in 3 years...

You should buy some!

Haha Korean drama like 70 billion sapura in 3 years??? HAHAHAHA return of the Titanic!

72 billion sapura 3 years hehehehehe....y not 1 year? 1 year cannot?

If that is the case then I should be worried more for Jon lo. Because for income tax evasion and fraud, I have seen my friends with own companies vomit blood but in the end can negotiate and pay the fine.

For SC I really worry now. I hope Jon choivo is really only bullshit only la like stoneraider, and no taking monies from 3rd party investors.

If got really bad news...

Become successful I think still possible, because it's Max cap was around 50 billion before during the height of oil prices.

But today it is at the bottom, so go up is also possible to make some money.

But go up beyond 100 per barrel price, and grow it's business to become 70 billion dollar company..... Laugh die me...

Haha stoneraider 79 billion, sapura hardsell rm3 in 3 years. Laugh die me, you think is a Amazon or Apple?

Help, I can't take him seriously anymore! HAHAHAHA everything he says is useless now...

I'm confused. Can someone explain?

>>>>>>>
Now for more information. Go to your latest time quarterly report, go to note 16 under tax earnings. Go to recognition of previously unrecognized temporary differences. Tell me exactly what that means. That quarter, (18,286,000). That cumulative year (72,540,000). Go ahead, I'm waiting.

While you are doing that, try explaining to me how a company that makes (304,811,000) in profit before tax only pays (16,141,000) in taxes. That is like paying 5% tax, no?

Isn't the tax rate 24%? They should be paying 73 million in tax, after minusing the 14 million allowable, tax should still be around 59 million to pay.

Explain me that.

Nice a 5g versus fiber report done in 2017 September. Try harder.


Now for more information. Go to your latest time quarterly report, go to note 16 under tax earnings. Go to recognition of previously unrecognized temporary differences. Tell me exactly what that means. That quarter, (18,286,000). That cumulative year (72,540,000). Go ahead, I'm waiting.

While you are doing that, try explaining to me how a company that makes (304,811,000) in profit before tax only pays (16,141,000) in taxes. That is like paying 5% tax, no?

Isn't the tax rate 24%? They should be paying 73 million in tax, after minusing the 14 million allowable, tax should still be around 59 million to pay.

Explain me that.

Even DAYANG investors laugh at you. PANDAN muka...

Haha stoneraider 79 billion, sapura hardsell rm3 in 3 years. Laugh die me, you think is a Amazon or Apple?

But stoneraider say his stock will hit rm3 or 70 billion in 3 years woh....

Sure if I take money from public I am doing wrong.

Stoneraider talk like Korean drama so funny.

Not really want to argue with you, but just ask your boss if I am right ( because it happened to a lot of my friends).

Government body will come and investigate you, then give you ultimatum. We say you are wrong, this is our investigation paper, this is our summary how much you will be fined, and if you agree we can give you a reduction. If you don't agree, we will arrange a court date for you to argue your case to the court and get your judge hearing. But in any case, we want you to pay your fine first. If your case is won, government will refund your fine.

If you don't believe me, ask your boss.


>>>>>

a defendant is presumed innocent until found guilty under Malaysia law.no fine first.hahaha.no more talk kok

HAHAHA HAHAHAHA HAHAHA.

PANDAN muka!!!( Whatever that means)
People laughing at your stupidity... Sapura can grow faster than Amazon and Apple in 3 years.

Malu la.

DAYANG caaaannnnteeeeeekkkkkk! Don't follow idiot into sapura...

>>>>>>

Now this stockraider has became storeraider, so desperate move.

>>>>

Please do not bluff on RM3.00 TP of Sapura Energy here for publicity .

Please do not bluff innocents on Sapura Energy that will hit RM3.00 in 3 years time. Just imagine how many billion shares that SapuraE has and how much profit that this company need to earn a year to hit RM0.30 per share in a year based on 10 PE ?

It has almost 16 billion ordinary shares excluding convertible loan that can be converted into about 3 billion preference shares. So based on the 16 billion shares ,the EPS of RM0.30 is about “RM4.8 billion” in net profit a year based on PE 10 time. Do you think it managed to hit ? I do not think so .

>>>>>

I have some friendly, comradely advice for StockRaider. We investors do not need to keep any unstinting loyalty to any stock. We just study & analyse the prettiest looking ones on our radar, we pick a few, perhaps even just one in certain situations, and we just roll with them.

Our loyalty should be to ouselves only, not to any company in particular. It is not like being loyal to our favourite football club. That one is only for fun & entertainment. Whereas with a stock, our own money is at stake. So, we simply owe it to ourselves to play the best & the most viable one available at the current time.

Malaysia court is different from USA. Here is they fine you first, and bring you to court. If you don't agree you need to appeal and showcause you are right. It's not the other way around unlike other countries.

Investigation for SC is actually quite a serious matter my young friend.

I have deleted my blog. I also did not highlight his name. But he incriminated himself some more with stupid cheeky remarks on my blog.

I really cannot tahan this little kid.

But I think if he goes to jail or is penalized by SC is really not a good thing la.

I'll try to call my friends son again in the morning.

I really lost my cool this time.

Hope Jon can quickly delete all relevant information before it's too late.

I apologise sincerely.

Exactly my point. If he simply tells his parents he losses money but hide it away like jho low still ok.

If he actually made 300% out of it, no audited trail and scam the top, say loss money, worse.

If he was stupid enough to audit it and keep a paper trail with banks, SC will have a field day.

This advice I have for free. Close down your bullshit investment site. I've already sent WhatsApp to Mr George Chua son( I can't remember his name though), I saved it as Chua son SC.

I'm sorry everyone, angry Philip has struck again. I found out my old friend son now works in securities commission, and I gave him a call and sent him some WhatsApp photos of Choi yi kit soliciting of investment funds and his 2 year returns. He started laughing at the gall of the young man and said he would look into the matter.

I sincerely, dearly hope Jonathan Choi closes good website immediately and refund all his "funds" to his 3rd party investors.

I may have gone too far this time.

My muka is not pandan, obviously unlike you I already have made a call to securities commission ( one of my good friend son works there) and verified everything.

I would suggest YOU to verify everything before you spout off like a crazy dog.

And you young Choi yi kit did you write an email or give a call to securities commission to ask if this activity would be in any way illegal?

I did.

If you think that is going to help you when you taking 3rd party investors, I'd like to see you answer that next week.

If you have any lawyer friends, I suggest you talk to them right now and ask their opinion.

Better yet, bring them with you to SC office for clarification.

>>>>>>>>>>>
Just so no one here is in any way confused.

Do note this is not a hedge fund or asset management company. We have not obtained the securities commission license needed for asset management or giving financial advice etc.

Is stated in very large letters and bolded on my website.

OK, let him suffer his autism in silence. I am sending the report to SC tomorrow. Lets see if prison time will make him a better man.

read back the law. Family and friends investing is legal, same as when you borrow money from your dad to start your office boy business. The law considers that you know what you are doing and any dispute must be dealt out of court.

3rd party fund investment online, and told to the public during a investment forum, and charging hourly rates for private investment advice, and taking in funds for investing is ILLEGAL.

But I don't expect you to know all this.

Which is why I am teaching you how to invest stockloser.

1st lesson, SAPURA will not be a 72 billion dollar company in 3 years. Not even APPLE, AMAZON and GOOGLE could do that growth in 3 years.
2nd lesson, say "Thank you."

i ban layhong eggs because got herbert smell....

YOU KNOW I KNOW WHO LA. DOING INVESTMENT CLASSES, HOW TO TRADE CLASSES, LEARNING POTTERY CLASSES IS OK.

WHEN YOU CROSS THAT LINE INTO TAKING INVESTMENT MONEY FROM 3RD PARTY INVESTORS (WITH NO LICENSE AND 2 YEARS OF INVESTING PORTFOLIO EXPERIENCE MARKED XX%) THEN YOU ARE COMMITTING A CRIME.

AND WE KNOW YOUR FULL NAME, YOUR ADDRESS IN JOHOR BAHRU, YOUR FACEBOOK PROFILE, WHO YOUR FAMILY IS, WHO YOUR FRIENDS ARE, WHAT YOUR IP ADDRESS IS, WHO PAID FOR THAT WEBSITE.

THE SECURITIES COMMISSION IS GOING TO HAVE A FIELD DAY.

I GIVE YOU 1 WEEK TO SHUT THINGS DOWN, BEFORE I REPORT YOU TO SECURITIES COMMISSION.

I WAS GOING TO LEAVE IT WELL ENOUGH ALONE. BUT THE HUBRIS KNOWS NO BOUNDS. REALLY NEED TO PUT YOU IN YOUR PLACE.

AS THE HOST OF LAST WEEK TONIGHT JOHN OLIVER PUTS IT, "LET ME JUST DROP THE MIC RIIIIIIIGGGGHHHHHHHTTTTT NOW."

https://klse.i3investor.com/blogs/philip4/197594.jsp

I GIVE YOU 1 WEEK TO RETURN ALL YOUR FUNDS, CLOSE YOUR WEBSITE AND STOP MENTIONING ALL THIS FUND TAKING BULLSHIT. OR I GO TO THE SECURITIES COMMISSION. I HAVE YOUR FULL NAME, YOUR ADDRESS, YOUR WEBSITE SCREEN SHOTS. YOUR UGLY MUG.

OR I GO CLAIM THAT WHISTLEBLOWER MONEY MYSELF.

>>>>>>>
Or, put 150k in an account and give me the password (or give a good enough impression beforehand). There, you get 3 hours of my time for free.




Or even better, message me on my site, i'll ask you what you find interesting or if you feel i am wrong on anything, or miss out on anything. If you give an answer than reflects a rational, logical, wise, patient and deep mind

CURRENT MARKET CAP OF SAPNRG IS 7.2 BILLION. IF IN 3 YEARS SAPNRG CAN SUDDENLY HIT 70 BILLION MARKET CAP, I CALL YOU GREATEST SIFU OF ALL TIME.

NOW I REALLY KNOW YOU DONT KNOW INVESTING.

>>>>>
WHAT IS THE TARGET PRICE FOR Sapnrg?

Raider HAS A 3 YEAR TARGET PRICE FOR Sapnrg AT RM 3.00 loh...!!