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2016-03-11 11:55 | Report Abuse
cjcj chc2222 1.18 is wobbling. Buy rate only 17%. Wonder why some people are still buying at 1.19 when they can easily buy at 1.18
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Low buying rate with low volume meaning COLLECTION
2016-03-10 19:53 | Report Abuse
Why not Malaysia? This is because all PRC CHinese look down Malaysia as a backward and dirty land. Generally, they see Malaysia as a poor country with bleak future.
2016-03-10 16:03 | Report Abuse
Those red chips are an extension of Taiwanese stocks scam previously listed in Malaysia and SIngapore. Now, those guys are using the very same tactics for red chips.
Initially, profit will grow and with high cash level. After they goreng enough, something bad will happen like fire, thief, damage etc
After that, PN17 and delisted.
2016-03-09 16:48 | Report Abuse
FD rate in china
https://www.hsbc.com.cn/1/2/misc/deposit-rates
http://www.boc.cn/en/bocinfo/bi4/201510/t20151023_5824977.html
http://www.tradingeconomics.com/china/interest-rate
http://english.cmbchina.com/Rate/InterestRate.aspx
If Xingquan only get rate of 0.35% pa, that means most of the time, the money is not there (because Xingquan can easily get rate above 1%) or only placed in bank when audit come.
2016-03-09 16:37 | Report Abuse
I will call you SIFU if you wrote this earlier when price was RM 0.80
2016-03-09 14:38 | Report Abuse
AFter 2 years, I'm not surprised the price will fall back to RM 0.40
2016-03-09 11:25 | Report Abuse
Please study other red chips how they have reported huge losses suddenly over 2-3 years and wipe off cash and NTA.
past 3 to 4 years, price crashing
CNOUHUA - 0.55 to 0.04
CAP - 0.75 to 0.06
CSL - from 1.60 to 0.11
MSPORTS - 0.50 to 0.06
XINGUAN - 1.60 to 0.29 (still in downtrend)
2016-03-08 16:06 | Report Abuse
Well, King Salman told Jibby that oil price will drop around US$20/barrel to counter Russia. Middle East's war will spread with Turkey, Saudi, NATO vs Russia, Iran, Lebanon etc
USDMYR will go shoot to 5 and export based counters will shine if oil price retest the US$26!!
2016-03-08 14:35 | Report Abuse
Yes, something new gonna appears. Seems like NEW multi-year low is around the corner
2016-03-08 12:35 | Report Abuse
One should deduct 10% from revenue as potential reduced in net profit, in this case Revenue RM 500m x 10% = RM 50m gone as unrealised exchange loss. That's worst case scenario.
2016-03-07 16:35 | Report Abuse
Already posted in other section but i repost here
I think the author is giving too simplified explanations on USD, MYR, commodities vs Middle East conflict
1) USD is weakening and not MYR getting more optimistic, hence the USDMYR appreciate from 4.4 to 4.10 level. Most emerging currencies had appreciated against the greenback
2)So when USD is weaker, obviously crude oil price will go up
3) so why oil price go up?
Because speculators believe Russia and Saudi will co-operate to stabilize oil price
4) Turkey is planning to invade Syria along with Saudi. When this happen, do not expect initial Russia-Saudi agreement will still in placed, USA and Saudi will pull the oil price down further to hurt Russia by :
- Fed hike rate, USD appreciate and oil price continue the downtrend
- Saudi and ally will pump more oil to destabilize Russia
So, instead of buy O&G and sell export counters, i would not buy O&G but when collect export counters when price has gone down to a very attractive level.
Those O&G counters are very sensitive to the oil price and are deemed much more risky than those export based counters. One can choose those export stocks which has faster PO/Sales turnover..such as HUPSENG, LIHEN, some rubber stocks etc. Export stocks selling on contracts like VS, LCTH, JCY etc will be severely affected by USD depreciation since they may have lower the selling price in US$ when USDMYR above 4.4.
My 2 cents
2016-03-07 16:24 | Report Abuse
I think the author is giving too simplified explanations on USD, MYR, commodities vs Middle East conflict
1) USD is weakening and not MYR getting more optimistic, hence the USDMYR appreciate from 4.4 to 4.10 level. Most emerging currencies had appreciated against the greenback
2)So when USD is weaker, obviously crude oil price will go up
3) so why oil price go up?
Because speculators believe Russia and Saudi will co-operate to stabilize oil price
4) Turkey is planning to invade Syria along with Saudi. When this happen, do not expect initial Russia-Saudi agreement will still in placed, USA and Saudi will pull the oil price down further to hurt Russia by :
- Fed hike rate, USD appreciate and oil price continue the downtrend
- Saudi and ally will pump more oil to destabilize Russia
So, instead of buy O&G and sell export counters, i would not buy O&G but when collect export counters when price has gone down to a very attractive level.
My 2 cents
2016-03-07 15:05 | Report Abuse
CHAN KWAI HENG was selling at 2.15-2.17
2016-03-06 22:32 | Report Abuse
This counter hardly go up when gold price rallied and hit all time high shy of US$1900/ounce.
If POH KONG price didn't rally when gold rallied last time, what you think she will rally this time? Please try again.
2016-03-04 16:01 | Report Abuse
Who is the biggest customer of JCY?
2016-03-04 15:05 | Report Abuse
i lost a motorbike already
2016-02-29 14:30 | Report Abuse
hard to understand their business. many singaporean had disposed shares. outlook dunno. better keep cash
2016-02-29 10:59 | Report Abuse
biggest mistake no pick CASH, follow Jibby better
2016-02-28 14:20 | Report Abuse
who sold 0.095.....will regret......in next 10 years time
2016-02-27 18:36 | Report Abuse
Electric car beneficiary :
1. Electric co
2. Battery
3. Electric charging station
2016-02-25 12:54 | Report Abuse
no dividend = not true profit, pass pass
2016-02-24 16:49 | Report Abuse
When MYR appreciate, these asshole car distributors maintain price but when depreciate all of them increase 10~15%!!! WHo want to buy?
2016-02-19 10:22 | Report Abuse
not really a good stock. price maintained during bear because there is no much retailers holding this shares.
maybe i m wrong
2016-02-18 23:08 | Report Abuse
Malaysia's 2015 inflation below 3%? LoL
http://www.tradingeconomics.com/malaysia/inflation-cpi
Most provisions were up more than 10% and toll rate 20-50%!!!..
2016-02-18 12:53 | Report Abuse
Future profit gonna increase 30% annually for 2 years to justify such high PE
2016-02-18 12:03 | Report Abuse
Humble guy KYY. I wish i could be more disciplined as to what i have planned to be
2016-02-17 20:10 | Report Abuse
so many people had died or injured seriously due to having poor safety features in proton and perodua and motocycles.
2016-02-17 11:02 | Report Abuse
Personally, i don't believe solar business is so much profitable because of worldwide overcapacity and margin has been declining for past few years.
TEKSENG is making record profit? Hmm..... only magic if you guys understand the solar business, unless this business is protected business in Malaysia like Proton.
2016-02-13 20:11 | Report Abuse
If you believe oil has bottom or willing to hold for 3 years, buy this
http://finance.yahoo.com/q?s=UWTI
2016-02-12 13:04 | Report Abuse
not really, the money need to be repaid by future generation
2016-02-12 11:53 | Report Abuse
not time to buy yet when price down with heavy volume. Maybe below 0.50
2016-02-12 11:52 | Report Abuse
where got strike gold? as for shares, it is all about dividend yields!!!! i will only believe when i saw the dividend announcement and not calvinteng or icon888
2016-02-12 11:47 | Report Abuse
so, calvin...when to sell? the most important question
2016-02-05 14:30 | Report Abuse
Not for property investment but for own use, right?
2016-02-02 10:14 | Report Abuse
This is not the first time the USA & Saudi (the alliance) manipulate and use oil to destroy their enemies. In the late 70s & 80s, oil price was being push very high to inflate bubble on oil producing countries (their target is USSR). The alliance knows that in order to destroy them, they need to fry up the oil price before crashing it. True enough the oil price went burst to below US$20 and soon after USSR dissolve.
This time oil price was very same tactics but with minor variation. Low oil price to bring down Russia, Venezuela, Libya, etc [those countries attempted to challenge US$ supremacy ] and the alliance cannot wait Libya, so the alliance strike war first.
However, they know very well China will support Russia indirectly with financial aids..Thus, USA Fed deliberately to delay the interest hike to make those emerging countries to borrow more. The emerging countries like China and SEA are much smarter this time... they do borrow more money but not much denominated in USD albeit US$ loan's interest rate is much lower. The alliance's plan is considered 50% success.
The USA ultimate goal is to defense US$ so that they can remain united as a state and a second choice of currency means disaster..
My 2 cents
2016-02-01 10:18 | Report Abuse
Price Book is more than 4 times and ever losing company. Going to be delisted very soon
2016-01-31 16:27 | Report Abuse
Suddenly AR is so high, peanuts interest received, suddenly no interest paid, suddenly fire.........
so many "sudden"
suddenly... dissapear
2016-01-29 17:14 | Report Abuse
Stop all nonsense and biggest losers are the minority shareholders!!!!
2016-01-29 15:29 | Report Abuse
very good price i bought below 0.90 but sold long time ago. I did not collect back because i need dividend income. So, i no buy this stock and bought other dividend stocks instead.
2016-01-29 15:24 | Report Abuse
Yalor, i am willing to buy back above my selling price if TA say so.
2016-01-29 14:00 | Report Abuse
ffforever : "U wrote so many about how strong JCY is and now u cut loss... very disappointing on your stand point"
At least he told he has no position, other big shark will not tell you until you read the news from bursa
2016-01-29 00:15 | Report Abuse
what about NYLEX now?
2016-01-28 21:03 | Report Abuse
aiyo no need argue like kindergarten. Many investors sold off irregardless of current fundamental and they just want to preserve capital. If you have RM 1,000,000 in the market, if you dont sell... if market crash then probably your market value could be less than Rm 200,000 at bottom.
If sell now, capital RM 600,000 (assume 40% loss). Still can recover if he buy all 1 year later
2016-01-28 18:57 | Report Abuse
i bought at 0.70 but sold too early at 1.10
2016-01-28 18:52 | Report Abuse
if you cut loss, you may lost only 10~20%. if not i dunno where is the bottom.
If USDMYR go back to 4.40, then those export stocks will shine again, otherwise it will go down somemore.
If main index stocks went down 20~50%, i think most stocks will not going to outperform because of relative price. Who wanna to buy small but profit making company with PE<10, whereby the blue chips are trading at PE 5~8? For me, i will trust the blue chip and sapu Maybank @ RM 3 or CIMB at RM 2.
2016-01-28 18:46 | Report Abuse
i was collecting halfway but my chart tell me to cut loss, index and YOCB technically in bear market.
Stock: [JCY]: JCY INTERNATIONAL BERHAD
2016-03-11 14:52 | Report Abuse
sigh, i was collecting half-way waiting she to fall further, don't rally so much lah.