27 sen now

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

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.

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.

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.

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.

https://klse.i3investor.com/blogs/InvesthorsHammer/198479.jsp

https://klse.i3investor.com/blogs/InvesthorsHammer/198464.jsp

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.

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.

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

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

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)

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.

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

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

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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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.

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.

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.

Time to buy....Masteel at its lowest.

KYY..Jaks articles on various dates..

Yesterday the total volume for Jaks shares changed hands was nearly 130 million shares and I sold about 20 million shares. Besides my selling, there must be a lot of people also selling. "Who would sell at this unrealistic price?" on 01/12/18 UNREALISTIC PRICE..

We were fortunate introspectively to have sold a huge amount of our holdings at higher prices in comparation with the current price of 50 sen per share. We have completely sold all our holdings.

Based on our average selling price of "80 sen", our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me. on 08/12/18 AVERAGE 80 SEN..

WOW...SO SORRY TO HEAR THAT KOON YEW YIN LOST RM64 MIL. INVESTING WRONGLY INTO JAKS. HE SHOULD NOT HAVE INVESTED INTO JAKS OR LION INDUSTRY, BOTH ARE STEEL COUNTERS. HE SHOULD HAVE INVESTED INTO MAJU PERAK INSTEAD. HELP MJPERAK MEANS HE CAN HELP BACK HIS PERAK GOVERNMENT NOW UNDER PAKATAN HARAPAN.

MAYBE NGA KOR MING AND KOON YEW YIN CAN TAKE MJPERAK PRIVATE AND BECOME THE RICHEST MAN IN PERAK WITH SO MUCH VAST LAND BANKS. POSSIBLE ISN'T IT?

NOT GOOD LUCK ANYMORE. TIME FOR YONGTAI INVESTORS TO JUMP AND I JUMP....KAMIKAZE TOGETHER. WHO CAN AFFORD TO LOOSE SO MUCH MONEY IN SUCH A SHORT TIME. BANKERS ALL SENDING OUT RED ALERT SECRETLY THRU WHATAPPS. HAHAHAAAAA.

REALLY A VERY BAD OMEN TO ALL INVESTORS IN BURSA. IT WILL TAKE 2 -3 YEARS TO RECOVER. I THINK WE UBAH FOR SHARES TO GO DOWN. CORRECT ME IF I AM WRONG.

FALLING WORST THAN MYEG OR GAMUDA OR GENM. WHY? I THINK OUR NEW GOMEN IS A LOUSY GOMEN. ALL SHARES FELL HORRIBLY AFTER GE 14 SINCE MAY 2018.

EVER SINCE NEW GOMEN TOOK OVER, OUR BURSA KEEPS DROPPING LIKE SHITS.

Never experience 22 sen before. The most extreme low was 28 sen.

https://www.freemalaysiatoday.com/category/nation/2018/11/02/i-removed-tycoon-as-adviser-not-perak-sultan-says-mb/

Cibai PH Government removed Koon Yew Yin from the Perak Council. Now MjPerak shares keep dropping everyday. Cibai Gomen cannot help but help destroy MjPerak Shares. What a Shame?

RHB talks cock so easy. If the Pakatan budget is good, share prices would have all gone up instead of down all the way. F the PH gomen.

PH full of hypocrites and liars. Proven. Rakyat got cheated. Now shares everyday going down eversince GE14. Even after winning GE14, the first thing they bull shitted was our National Debts went up to RM1 Trillion from RM630 Billion. After that, foreign investors all cabut kuat kuat. The damages done by the PH is hillarious.

Where got 0.62...Only 0.38 lah.AhPek

1) In Malaysia many Companies with Assets like Real Estate sitting on ancient book value which were taken private at a huge disadvantage to minority shareholders.

Tell SC to make it compulsory for all Listed Companies in Malaysia to do a Complete Up To Date Revaluation of All Properties before privatisation is allowed

This will allow all to SEE THE ACTUAL NET TANGIBLE ASSET VALUE OF THE COMPANIES

Example is the privatisation of THE STORE. THE STORE was taken private below Rm4.00. But if THE STORE's prime assets were to be revalued it should at above RM10.00 a share - 100% AGREED WITH CALVIN TAN.

Another reason why MJPerak keeps dropping further. KKY now not interested in MjPerak after what transpire lately. Grrrrrrrrrr......Cibai Government.
https://www.freemalaysiatoday.com/category/nation/2018/11/02/i-removed-tycoon-as-adviser-not-perak-sultan-says-mb/

No wonder Mr Koon Yew Yin delays buying into this counter. He fears the New Government inexperiences in handling and leading the economy back fire. This is a new comment from our hero Mr Koon Yew Yin. I really respect your honesty despite the fact that you are a PH Gomen supporter. Cheers. https://klse.i3investor.com/blogs/savemalaysia/177591.jsp

LGE had done enough damages to the construction industry. It is time to shut him down. Created so much havoc for SST and created so much damages to Gamuda, GKent and MRCB. Created so much troubles to the Bangla and Indon. Many many thanks to all the Malaysians who voted Pakatan. You supporters really love Pakatan Harapan so much. Keep sacrificing. Its a no no problem. Only people suffer as a result in the end. Everything will be more costly instead after calculating all the compensations to be paid. Bravo New Malaysia. Malaysia Bolih !

Notice that someone was buying at 12pm for 33.5 sen but some stupid fellows threw their shares away at 31 sen after that. Shares ended 32 sen today.

If we look at Chuan Huat's accounts. NTA alone is RM1.60 but the current share price is still trading at 40 sen. Clearly it is under valued by the market by 300%. Chuan Huat is currently the best Steel Counter stock in term of net worth per share. Even rank better under-valued than Masteel.

Someone purposely push down the price pf Chuan Huat. What a joke? Is it a sign for accumulation or desperate disposal by a poor fellow who needs money?

Good news. Someone is slowly accumulating MjPerak shares today.

Why Minetec dropping like SHIT?

Thinking of buying the whole lots of 0.065 today. Over a million shares parked at 0.065

This stock is waiting to fly. Buy before it is too late. Once this group got a U Turn like LGE's case, the prices of between 20 to 35 sen become history. Watch my word. Cheers.

What happened to Masteel?

http://klse.i3investor.com/blogs/koonyewyinblog/167834.jsp

Koon Yew Yin. Your chance to help MjPerak now. So easy and MjPerak belongs to the people and the new government of Perak. MjPerak is in dire need of your assistance.

Third Car Project sounded by Tun Mahathir also pinpoint land to use near Proton City. MjPerak shareholders will rejoice soon.

Tan Sri MK now being appointed a member of the Perak State economy advisory council. Obviously MK Land shares are good to buy.

Mohammad Nizar: Perak to assit Proton to get additional sites for expansion as Proton SUV will be assembled at Tg. Malim plant in 2019.Postive news again!!!

ABLE GROUP MOVES ON STEADILY.