Mike Chong

Thengqa | Joined since 2017-02-05

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2019-06-13 09:49 | Report Abuse

What happen drbhcom and bauto up ....

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2019-06-13 09:19 | Report Abuse

If underwear drop , like in Netx forum ppl said you tock cock you said silent liao.....

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2019-06-13 09:07 | Report Abuse

Superman Charles pang fly ..... remember to hold the underwear....

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2019-06-12 08:43 | Report Abuse

X70 will bring u X50....

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2019-06-10 18:37 | Report Abuse

Ha ha ... vxpoison yr research is to save company , I forgotten. You said qualified opinion??? and payable is double than receivable , good luck ......

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2019-06-10 16:44 | Report Abuse

Vxpoison , this is ranger or killer shark ....???

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2019-06-10 16:40 | Report Abuse

Tan sri no cap ayam golf buddy, focus water meter ?? Profit no good .....

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2019-06-09 22:08 | Report Abuse

Refer to private placement utilization 25 mil oredi used for business expansion: inventory , equipment, hardwares??? But check on the receivable and payable .....

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2019-06-09 17:38 | Report Abuse

Vxpoison, no more MACC but Ipoh city council lo...

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2019-06-09 13:30 | Report Abuse

If arbitration won adding : performance and rectification bonds 103 mil , and retention sum.

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2019-06-08 14:31 | Report Abuse

Notice after sept’19 Zelan no more ongoing project although iium recurring income is the cash cow. Reffering iium project is awarded on july ‘2012 which scheduled completion on dec’15 , Gitt project is awarded on feb’16 with 25 years concession, later be sold due to bumi land reserve and bumi company issue.Believe in the chairman networking and major shareholder mmc boss whom said is Tun’s godson .As Abraham said zelan is tendering many projects....

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2019-06-08 06:40 | Report Abuse

Commensense has trigger me a thinking-(thanks) , if lost arbitration what is the scenario but what is the scenerio if won arbitration: total receivable balance due is 181 mil , Drawbridge project completed in 5 year (june’19) , value 248 mil , assume balance payment 50 mil, Suke project complete in 3 year (sept’19) ,value 257 mil, assume balance payment 85 mil. iium projected 2019 income is 78 mil . Total 2019 revenue is 394 mil.assume 2019 admin expenses and finance cost is 64 mil. profit is 330 mil. 2018 borrowing is 540 mil , iium project cost is 359 mil , 540-359 =181 mil, profit =330 -181 = 149 mil . If arbitration lost scenerio: total 2019 revenue is 394-181= 213 mil, profit = 213-64=149 mil. ( no allocation to reduce borrowing yet and arbitration penalty amount). Just a assumptions calculation.

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2019-06-07 14:09 | Report Abuse

New Persona with AI...??

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2019-06-07 11:43 | Report Abuse

Worst, Tan Sri company need to borrow money from tan Sri himself to pay the tax accumulated for so many years, meaning......

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2019-06-07 09:21 | Report Abuse

Makan cili padi pedas ke mula barking , luckily I don’t use poison , but I will inform ipoh city council lo...

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2019-06-07 02:13 | Report Abuse

Or research will save it from Ipoh city council??? Ha ha

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2019-06-07 00:25 | Report Abuse

Or research will save it ???? Ha ha....

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2019-06-06 19:51 | Report Abuse

Research will save a company???? Ipoh city council oredi done ....

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2019-06-06 19:48 | Report Abuse

Research will save a company????? Ipoh city council oredi done .....

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2019-06-06 11:19 | Report Abuse

Vxpoison , you’ve don’t even do basic research and barking everyway....

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2019-06-05 18:46 | Report Abuse

Charles pang , do not blindly gambling, and think one day pecah record , think pecah underwear.Please give your research in metronic forum.The Tan Sri company itself did not have money to pay tax and need to borrow from him .... meaning .... , metronic hit the highest loss in 3Q compared among 5 years .....

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2019-06-05 18:28 | Report Abuse

Charles pang , changing director and major shareholder but do you know what is the business plan , the Tan Sri company itself do not have money to pay tax .... and metronic this fiscal year hit the highest loss in 3Q among 5 years ....

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2019-06-05 08:29 | Report Abuse

Vxpoison, HK lost like hell so commenting here.....

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2019-06-05 07:52 | Report Abuse

Goodluck, you r Sifu of nonsense, see yr comment in WTK.

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2019-06-04 15:16 | Report Abuse

Don’t forget finance cost each year is reducing.

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2019-06-04 15:07 | Report Abuse

2018 administration expenses is 15.5 mil , finance cost is 39.5 mil , total is 55 mil . What is iium yearly recurring income. Don’t forget each year is reducing .

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2019-06-04 12:53 | Report Abuse

iium concession period is 23 yr or 17 yr ?

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2019-06-03 20:49 | Report Abuse

Refer to today announcement on iium monthly recurring income with backdated effective Dec’2018..

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2019-06-03 17:23 | Report Abuse

Aruz order book is 25000 unit.

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2019-06-03 08:34 | Report Abuse

Proton suv hit purchases 30000 unit . April sales lower , May sales ?

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2019-06-03 06:06 | Report Abuse

Commonsense, financial accounting let the professional do as long as not violating any regulations. No one is perfect.

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2019-06-02 17:17 | Report Abuse

The first drawbridge in kuala Terengganu and south east Asia test run today .

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2019-06-01 18:26 | Report Abuse

Result is better than commonsense prediction of 1Q loss of 5 mil to 10 mil.

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2019-06-01 08:05 | Report Abuse

Waiting your tai yi ma coming lo.....

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2019-05-31 23:24 | Report Abuse

Ha ha hold 1.20 then 1.10 then..... 1.00 lo

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2019-05-29 22:36 | Report Abuse

No hope , 6G more worst ......

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2019-05-29 21:45 | Report Abuse

If your forecast is chun chun , you can be the world richest man , no need to bark in others forum and scolded like street dog ...... better back to Singapore , do not go to Ipoh lo...beware Ipoh city council

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2019-05-29 13:43 | Report Abuse

Icon8888 , commonsense, calvintaneng are same con group , maybe same person also.

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2019-05-29 13:35 | Report Abuse

Calvintaneng, wag your tail go back to Velesto and bark .......

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2019-05-29 10:37 | Report Abuse

calvintaneng , don’t bark here , go back to Velesto .

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2019-05-29 05:36 | Report Abuse

Commonsense, thanks for your reply. As it is just fundamental analysis and will affect by others factors , let’s share 4 of your pick stocks and see by year end how is the ROI . My pick are : 1) Zhulian ( rm1.38 ) 2) Inari ( rm 1.51 ) , 3) AHB ( Artwright , rm 0.145 ) , 4) Zelan ( rm 0.07 , although I bought much lower ) . By year end is just a period indicator as it can be sell at any time to lock in the profits and see the performance by year end .Hope you can share with us your 4 pick stocks.

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2019-05-28 11:04 | Report Abuse

Commonsense, as you like to go to other stocks forum to promote , I share my
stock portfolio:1) Zhulian ,2) Inari, 3) Ahb : a PN17 company which now is debt free and 5 years continual making profit , 4) Zelan, 5) Velesto : monitor after 3rd quarterly report.

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2019-05-28 10:58 | Report Abuse

Commonsense, I follow your said not to blindly follow EPF , and put more time to do research, my findings to share : EPF is selling mbmr since 2016 when profit margin start decrease until 2017 with 148.8 million loss. 2018 major share holder want to sell it to UMW at rm 2.56 even Daihatsu mention will break with Perodua if deal is successed.UMW future plan is to de list mbmr.On EPF buying umw , sime, velesto, harta and Pos , reviewing 10 years price range are at low price, of course EPF is middle to long term investment.

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2019-05-28 10:05 | Report Abuse

Hope not letting the black face reply again......

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2019-05-27 22:23 | Report Abuse

Commonsense, do you think 2.90 still a good buy ?? And what is your target price so that do not blindly follow ....

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2019-05-27 21:31 | Report Abuse

Maybe you r one of the commonsense black face as in mbmr forum.....

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2019-05-27 21:28 | Report Abuse

Vxpoison, Ipoh city council misses you ???? Don’t worry as I bought low price , but you oredi Holland as not buying any share.....

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2019-05-26 18:18 | Report Abuse

https://www.theedgemarkets.com/article/velesto-prospects-bright-jackup-rig-demand-expected-increase

And Velesto bag rm 433 mil contract from Petronas carigali for 4 jack up drilling rigs operations starting April to June/July , that’s why I wrote shall monitor after 3rd quarterly report .

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2019-05-26 15:28 | Report Abuse

Commonsense, as said Zhulian and Inari is better choice than mbmr. Zelan is high risk high gain counter, if you have done the research , the borrowing is 540 mil. IIUM will provide recurring income effective this year until concession period . Drawbridge just completed and test run on 2/6 to 17/6 . Suke shall complete on 25/9/19 . This year will be a good year for Zelan. The last hurdle is on arbitration which result deadline by May’19. Looking at the events happening and re recruit of the Head of Legal and become COO whom just confirmed , and AGM is set on 11/6/19, some positive hint.
26/05/2019 3:25 PM

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2019-05-26 15:25 | Report Abuse

Commonsense, as said Zhulian and Inari is better choice than mbmr. Zelan is high risk high gain counter, if you have done the research , the borrowing is 540 mil. IIUM will provide recurring income effective this year until concession period . Drawbridge just completed and test run on 2/6 to 17/6 . Suke shall complete on 25/9/19 . This year will be a good year for Zelan. The last hurdle is on arbitration which result deadline by May’19. Looking at the events happening and re recruit of the Head of Legal and become COO whom just confirmed , and AGM is set on 11/6/19, some positive hint.