Musang King

Beststock | Joined since 2015-07-21

Investing Experience Intermediate
Risk Profile Moderate

Tunggu Durian Jatuh

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News & Blogs

2019-08-09 15:03 | Report Abuse

IS DAP PROFESSIONAL?
IS TUN MAHATHIR PROFESSIONAL?
WHY LYNAS IS OK NOW, NOT BEFORE?

News & Blogs

2019-08-09 15:00 | Report Abuse

LIE #1 - TM SAID PH MADE HUGE PROMISES BEFORE GE14 BECOZ THEY DONT EXPECT TO WIN.

THEN COME LIE #2 - TM SAID TODAY, WE CANNOT DRIVE LYNAS OUT BECOZ THE PUBLIC SUPPORTED THEM NOT TO CLOSE LYNAS.

MORE AND MORE LIES EVERYDAY.....PH CONMEN ON THE MOVE.

ASK DAP WHY DAP KEEPS MUM OVER LYNAS - LIM GUAN ENG AND ALL HIS DAP BIG MOUTHS.

Stock

2019-08-07 18:22 | Report Abuse

Looks like the future of Genting Malaysia GENM is very bright coz unlike M'sia, US casino needs no fear of Islam or Islamic interference. It is a very good decision to buy afterall Empire Resorts Casino is just newly built and established like Genting Msia in the 70's.

Stock

2019-08-06 18:33 | Report Abuse

Now Malaysia has enter into a Talk Kok era where people post long long story to impress the public. Like what LGE and the Pakatan's Manifesto promises. All promises, blemishes and Bull Shits.

Stock

2019-08-05 18:40 | Report Abuse

Anyway, Thanks a lot for your posting above. Tks.

Stock

2019-08-05 18:33 | Report Abuse

Wow..Biba. Why shares today getting more and more complicated? So confusing!!! Not like before.

Stock

2019-08-05 13:48 | Report Abuse

Leempeh@ I already complaint to Bursa since last year for the Mac Bank acquisition and subsequent disposal without announcement. At AGM the director said they are not aware and not their responsibility for disclosure. Even Bursa also no reply my mail. Lim NK. This Macquarie Bank bought 500 Million shares is almost 17.85% of the company. Why it was not mentioned as the top 30 shareholders in the 2018 annual report is very strange. Even if they acquired and subsequently disposed, this news is substantial and must be announced and declared as it involved more than 5% of the company shares. Truly Netx needs to clarify why? Surely there is something hidding here.

Stock

2019-07-19 17:55 | Report Abuse

I SENSE THAT HLB IS BUYING BACK SSTEEL SHARES BECAUSE HLB CANNOT ALLOW THE STEEL SECTOR TO DROP LIKE SHIT . EVER SINCE THE NEW QOVT TOOK OVER, SSTEEL SHARES HAD DROPPED MORE THAN 100%. FURTHER MORE HLB BOSS IS ALSO A MEMBER OF THE PROMINENT ELDERS INSIDE THE MAHATHIR'S ADMINISTRATION WHO PROMISED TO HELP TO REVIVE & RE-CORRECT THE COUNTRY'S ECONOMY. OTHER STEEL PLC ARE DOING BETTER THAN SSTEEL UNLIKE SSTEEL IS GOING BACKWARD. THAT'S VERY STRANGE.

Stock

2019-07-17 18:44 | Report Abuse

LGE had already done so much damages. Since GE14 till now, most companies in Malaysia are almost dead or half dead which include Ecovest.

News & Blogs

2019-07-11 19:04 | Report Abuse

I do not think LGE is a gentleman. Same like his father LKS who made hell lot of noises when he was an Opposition Leader but not now. He is now a "Dog - Quiet Running Dog" of Tun M. With 42 DAP Members of Parliament now, not even one can bark like before GE14. What a terrible shame.???

News & Blogs

2019-07-11 18:57 | Report Abuse

So, LGE should resign for saying such an irresponsible statement. Does he walks the talk?

News & Blogs

2019-07-09 17:25 | Report Abuse

Exactly. Now Toll Free becomes Toll Forever...coz we need to pay Congestion Charge wtf...in replacement. Tony Pua, not so smart after all. All bullshit PH manifesto.

News & Blogs

2019-05-16 17:35 | Report Abuse

When a debt occurs when we buy an asset, we debit Assets and credit Creditor. There is NOTHING to pay when we did not buy anything. SIMPLE LOGIC our Nobita do not tell people. Just say DEBTS DEBTS DEBTS, but never mention ASSETS ASSETS ASSETS. Later on, PH Gomen wallops all the Assets and put into DAP Account like what Kuomintang did in Taiwan. Kuomintang really walloped all the Gold Bonds and Monies borrowed from all their supporters during the pre-communist China from 1911 to 1941 and they never return anything to the supporters until now. Kuomintang is now the RICHEST POLITICAL PARTY in the world today. How Fake they are?

News & Blogs

2019-05-16 17:24 | Report Abuse

Nobita mentioned Debts Debts Debts but never mention any ASSETS ASSETS ASSETS. Fark him kuat kuat. What a LOUSY BOOKKEEPER who does not know a BALANCE SHEET. ???

Stock

2019-05-16 17:18 | Report Abuse

Giving out 1.1sen per share only cost the group RM1.859Mil to pay out. Actally they should pay 5.0 sen per share. Straight away their share price will shoot to 60 sen. Giving out 5.0 sen per share only cost Chuan Huat RM8.3 Million which is well below their annual Net Profit Figure.

Stock

2019-05-16 17:13 | Report Abuse

Chuan Huat is giving out Dividend 1.1 sen for every share in Chuan Huat. Bravo. Should give out more. such as 5.0 sen to a share in order to attract investors to buy more Chuan Huat Shares.

General

2019-05-14 17:41 | Report Abuse

There is a minor error detected in Page 11 of the Report. 5 Years Financial Highlight should in Million (RM Mil.) not (RM'000).

News & Blogs

2019-05-10 17:57 | Report Abuse

Last time, LKS and all his 40 "men" cursed and cursed TM like "No Other Business". Today, this same LKS and his 40 "men" changed because they all are receiving the 72 virgins every day and smiling since 08-May-2018 till now. Whatever now Tun says, they agree 100% without a single thought. Maybe what they called MCA people as Dogs now come their turn. HAPPY DOGGIES to the bunch of DAP men. Karma is now eyeing on you all. You all are becoming Dogs like what you called MCA before. GOOD DOGS...DAP.

News & Blogs

2019-05-10 17:39 | Report Abuse

Following Calvin Tan is always safe and sound. He always stay safe by giving safe companies to buy. Knowing him for so long here, I believe he is always a no nonsense guy who do not simply ask people to buy just because he wants to sell. I have followed him for more than a decade or two since LUTH's time. I followed him on buying MjPerak a good undervalued stock but it did went up occasionally not high but equally came down too fast to sell. Calvin and me are still holding MjPerak despite them having change their board members. Bravo. Calvin Tan. Keep up your good and honest works. I, Musang King is from KL and a businessman. I am also keeping Chuan Huat shares now market value at 40 sen but NTA at RM1.88 I hope Dato Lim will continue to buy up more Chuan Huat shares to protect his own company.

News & Blogs

2019-05-08 14:28 | Report Abuse

BIG NEWS if the new PH Gomen can direct all the Malaysian Banks to accept NTA of a plc to value its share value. Do not use the market force to decide due to mass speculation and manipulation detected as we all clearly know. Yes. It will be a BIG NEWS to all valued buyers and investors in Malaysia.

Stock

2019-05-07 16:39 | Report Abuse

The Nobita that sing "ABCD GST". Search Google for Nobita images.

Stock

2019-05-07 14:39 | Report Abuse

Nobita said, give him 3 yrs for Bursa to come back. don't worry he said.

Stock

2019-05-07 14:38 | Report Abuse

MjPerak was stronger in share prices during BN rule. But when PH took over, all prices (almost all) KLSE stocks fall. So, MjPerak falls got nothing to do with Calvin Tan

Stock

2019-05-06 14:35 | Report Abuse

Thanks Calvin Tan still holding on to his shares in MjPerak. He truly walks his talk in supporting MjPerak. Cheers, Calvin Tan Eng Hai.

Stock

2019-04-17 17:01 | Report Abuse

What not expect to go down. The whole BSKL also down like SHIT.

Stock

2019-04-03 17:07 | Report Abuse

Actually MjPerak can easily be cornered as there are very limited shares available for trading in the market. 55% of them belongs to the Perak Govt while KUB took the other 5%. At 27 sen, it is extremely cheap compared with its net worth value of 70 sen which is not inclusive of huge land banks yet to be reviewed. Previously it's NTA was RM1.13 and more because their Pref Shares not matured yet. Now the PS have matured and merged to become their mother shares, thus MjPerak NTA is now finalised at 70 sen.

Stock
News & Blogs

2019-03-26 17:09 | Report Abuse

@lextcs NTA for PA Resources is only RM0.0597 and NOT RM5.97 as reported by you.

News & Blogs

2019-03-26 15:50 | Report Abuse

The problem with Koon Yew Yin. If he choosed to support the Mahathir's government, he must support his current government as well all the way whom Mahathir places his trust on. About 6 months ago, I recommended to him to help the Perak Government and at the same time help the Perak community to own as much MjPerak shares as possible (since MjPerak has so much Perak landbanks). Buying MjPerak shares is a Win Win Situation for him as he is so old already. At least he can do "something good" for Perak before he passes on later which is for sure as everything is impermanent in this world. MjPerak total number of shares is just so small for him to help if he wanted to. He can easily bring Perak up with just a simple move but he refused but chooses to push Cariman and Dayang up instead. What a pitiful old man? It is still not too late to help Perak as well as himself where he lives from young to old age. Long lives Koon Yew Yin. Please do not quarrel or fight with people you do not like anymore. With your capability now, you just smile your way to the banks. To Mr Koon Yew Yin, Cheers and Long Live Koon Yew Yin. May you be well always. Thank you for listening.

Stock

2019-03-26 15:49 | Report Abuse

The problem with Koon Yew Yin. If he choosed to support the Mahathir's government, he must support his current government as well all the way whom Mahathir places his trust on. About 6 months ago, I recommended to him to help the Perak Government and at the same time help the Perak community to own as much MjPerak shares as possible (since MjPerak has so much Perak landbanks). Buying MjPerak shares is a Win Win Situation for him as he is so old already. At least he can do "something good" for Perak before he passes on later which is for sure as everything is impermanent in this world. MjPerak total number of shares is just so small for him to help if he wanted to. He can easily bring Perak up with just a simple move but he refused but chooses to push Cariman and Dayang up instead. What a pitiful old man? It is still not too late to help Perak as well as himself where he lives from young to old age. Long lives Koon Yew Yin. Please do not quarrel or fight with people you do not like anymore. With your capability now, you just smile your way to the banks. To Mr Koon Yew Yin, Cheers and Long Live Koon Yew Yin. May you be well always. Thank you for listening.

General

2019-03-26 15:46 | Report Abuse

The problem with Koon Yew Yin. If he choosed to support the Mahathir's government, he must support his current government as well all the way whom Mahathir places his trust on. About 6 months ago, I recommended to him to help the Perak Government and at the same time help the Perak community to own as much MjPerak shares as possible (since MjPerak has so much Perak landbanks). Buying MjPerak shares is a Win Win Situation for him as he is so old already. At least he can do "something good" for Perak before he passes on later which is for sure as everything is impermanent in this world. MjPerak total number of shares is just so small for him to help if he wanted to. He can easily bring Perak up with just a simple move but he refused but chooses to push Cariman and Dayang up instead. What a pitiful old man? It is still not too late to help Perak as well as himself where he lives from young to old age. Long lives Koon Yew Yin. Please do not quarrel or fight with people you do not like anymore. With your capability now, you just smile your way to the banks. To Mr Koon Yew Yin, Cheers and Long Live Koon Yew Yin. May you be well always. Thank you for listening.

Stock

2019-03-19 17:29 | Report Abuse

If you take a look at MjPerak land banks, they are all not re-valued since they acquired them at cost. Their land banks are so huge.

Stock

2019-03-19 15:22 | Report Abuse

Today New investors are buying into MjPerak. So cheap now. Better buy now. If you have no trust in the BN gomen, you must have trust in the New Pakatan Gomen.

General

2019-03-02 16:49 | Report Abuse

I have full confidence in this Amtek biz now (not before) after they have disposed off all the loss making biz last year. I am now in exactly the same situation like Amtek. My biz has a piece of industrial land plus bldg worth many millions now in the city of KL which I bought for only RM1.5 Mil in 2002. (So in paper wise I make at least 10 times more based on my current land valuation alone). But mine, I still running a good business in my property.

In Amtek's case, the situation is the same. They bought the 7 acres land plus bldgs way back in 1994 (I think) at RM6 Mil. Until today, they have not re-valued their land at all by still placing RM6 Mil as their value of their properties. Today they have sold off all their loss making businesses and left remained this 7 acres of properties all pre-occupied by the directors and major shareholders renting at the minimum rental rates. See Commerce.dot com and MPH are occupying this piece of land at cheap cheap rental prices. (RM18K per month controlling the whole 7 acres land - Wahliao erh).

It is because they did not revalue their land at leave it at RM6 Mil (out of RM50 Mil Share Paid Up Capital), this AMTEK automatically became a PN19 company by status observed by the Bursa Malaysia. They can easily lift off this PN17 status by just preparing a New Valuation Report for the 7 acres Land, their worth per share easily shoot up to RM1-00 per share or more based the the current value of the Valuation Report. (if value at 50Mil, the worth is RM1-00 ps, if value at 100Mil, the worth is RM2-00 ps and so on).

I have great interest in buying more if the prices are still low. Wait till they do what they like to push the share prices down (maybe for their privatization purpose so that they can buy cheap cheap). The prices and worth of PJ Industrial land will never drop but rising every year.

Rich and well known people are behind this Amtek. Do your due diligence and you will find out who and who. So long, happy investing into Amtek. The Share Capital is very very small.

Stock

2019-03-02 16:45 | Report Abuse

Now the NTA for Chuan Huat is RM1.88 Wow..great news. Maybe time to give out good dividend too.

News & Blogs

2019-01-29 18:20 | Report Abuse

THE FARMER HAS A DOGGY. BINGO WAS HIS NAME. B I N G O...B I N G O...WOOF...WOOF...

News & Blogs

2019-01-28 17:21 | Report Abuse

What about MPH? Owned by Syed Mohktar Albuhkari. A strong supporter of Tun Mahathir. His MPH office hq and warehouse is right in PJ Sek.51. MPH (Malaysia Publishing House)

News & Blogs

2019-01-25 15:57 | Report Abuse

No doubt Dr Chen Lip Keong is an ultra rich Papa, but Karambunai account is not impressive at all owing Creditors and Bankers few hundred Millions but nobody owing them much. Despite the last 2 years making monies, previous years made huge losses. Overall, at 10.5 sen now is still a slightly under-valued stock with an NTA of 15 sen.

News & Blogs

2019-01-02 16:11 | Report Abuse

So big gamblers better beware. All your gambling habits are recorded and reported to the gomen. Good time to control all your gambling routines.

News & Blogs

2019-01-02 16:08 | Report Abuse

Uncles, Aunties kena lottery, jackpots from Clubs and Genting Casino all have to report to the bank for money deposited. Robbers and thieves now cannot use bank in money to banks. All must keep their money at home. You go gamble in Clubs and Casino, clubs and casino will inform IRB and BNM that the money came from you. There is a form to fill to report everyday like the form the Sales Dept used to fill when you buy cars and properties. More works for the banks, clubs and casino accounts dept. Bravo.....Good

General

2018-12-31 17:14 | Report Abuse

Looking back to all the past Charts, prices were always below RM1-00 because the group Amtek was not doing good business in Textile and Related Trades - mainly selling and distributing Crocodile Brands. In Feb to May 2018, they have sold their last loss making businesses and rights away to a willing buyer also at a Loss and re-negotiated loss. By right, if a group like Amtek has no more losses to report but having 2 pieces of properties, one in Penang and the big one in KL, PJ, they have to re-value their properties for accounting purpose. Instead they kept quiet and they still insisted on keeping the properties price low at RM6 Million. The major shareholders are property developers themself. They should know how to revalue their properties but they just ignore.....thinking nobody would check on them. FYI, once they revalue the properties, Amtek share prices would fly up and up to at least RM2-00 and more because the Land itself without the buildings actually worth more than RM150 Million. ( But they still report as RM5,997,000 only )

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General

2018-12-24 18:35 | Report Abuse

I am writing this topic because I am minority shareholder of Amtek. I notice the recent trend that someone purposely threw a few hundred shares just to push the share price down to the minimum. Maybe he has the intention to pay as little as possible to all the Minority Shareholders when he proposes to take the Group private. This individual is trying to save as much money as possible for himself because come privatization day, offer prices are quoted based on Moving Average of the Share Prices over the Last Few Day or Months or so. As such, I would sincerely wish to seek everybody's help here ( Whoever Capable Enough) to help me bring the Amtek Share Price to a Reasonable Price of above RM2-00 to RM3-00 because that is what the group worth at the current moment. I personal, DO NOT like the few Rich people to take advantages of the listing of Public Listed Companies' loopholes to maximize their own personal gains and benefits only for their ownself. Remember, the whole piece of 7 acres land is now fully utilised by the Directors and Major Shareholders and they are paying very minimal rentals back to the Amtek for years already. Look at the Accounting Reports about Rental Income, it is so MINIMAL. I just hope those big investors and gurus like Calvin Tan, Koon Yew Yin, sslee, Tan KW, savemalaysia, Alan Nga, Jordan Khoo, Rosen Steela, qqq3, CP Teh, James Ng, Minority WatchGroup and all interested parties could help. Thank you all in advance. Merry Christmas and a Happy New Year 2019.

General

2018-12-24 17:26 | Report Abuse

If you are interested to win back some money, try to study their Annual Reports over the year end holidays. If any of you wants to ask me any questions regarding Amtek counter, I am happy and generous to share with you. This Amtek's accounts is not difficult to read. A very straight forward Accounting Report with hidden treasures. Trust me.

General

2018-12-24 16:59 | Report Abuse

I am starting this Topic because I found out that there are a lot of treasures and potentials hiding inside Amtek.

First, the price is the lowest now.

Second, Amtek sold its last lost making business away recently so there is no longer having to report anymore losses.

Third, Amtek is holding a massive piece of expensive prime land of 7 acres in PJ Section 51 at a price of only RM12 Million.(Based on Market Capitalization of Total Capital of 50,000,000 multiply by the current market price of 22 sen per share.) Almost the whole stretch of Jalan Tandang 204A belongs to Amtek.

Forth, If you change and revalue the Cost Price of RM6 Million Assets shown in their accounts as Properties of the Group as at today to the Regularization Date (maybe the longest is 6 months from now ie May 2019 as the Management had just applied for 6 months extension effective 20th Dec 2018), the Revalued Price according to today's Market Price would be around at least RM150 Million. Currently, all the above properties are being utilised by their own linked companies such as Commerce.Dot.Com, MPH Group and other affiliated companies around.

Fifth, if you convert the Market price of the Section 51 PJ land to RM150 Miilion over the Total Number of Shares of 50 Million, you will get an anticipated Share Price of RM3-00 per share.

Sixth, let's buy up all the remainder of the shares in the market. There is not much left (estimated 8% only as the rests are held by all the shareholders from 1999 till now). As the price is so cheap now.

Lastly, as because everybody thought PN17 company is not worth a penny. You all could be wrong this time. Please buy as much as you possibly can as the owners are trying to take the group private for their own gains.

GOOD LUCK EVERYONE LISTENING HERE. CHEERS and A HAPPY NEW YEAR 2019.