Fatty Liew got a lot of promoters in I3

Same modus operandi fm Fat Liew (in ARBB n Ages)

Firstly, massive rights issues of PA
Then drastic improvement in sales n profit
Then annouce a lot of projects or MOUs
Then many write ups to promote the co in I3 etc

Pray they dont follow Menara Lien Hoe way.....

Rights issues n then shares consolidation n then rights issues n then...

sense maker Kyy used last two quarters eps, annualised it and then projected it into perpetuity as though the company he was pumping will stay at the height of its earnings power forever. To win your trust, he gave you discount, and the price he targets is still 100% or more from the current price.

He used this kindergarten trick again and again. Steel is a highly cyclical industry lah and when the downtown strikes it can go on making losses year after year as proven by past record.

This kindergarden tricks is copycat fm OTB....n it works well in many cases....lol

not really lah...cant compare at all to Glove Scam

IPP in Vietnam makes good profit but zero div n JAKS have to come out with endless rights issues n PP again n again

Sslee Just a word of caution. Share of profit associate company is accounting paper profit unless the associate company give dividend. So far has Eastern Steel Sdn Bhd give any dividend to shareholders?
25/10/2021 8:41 AM

Not long ago, OTB's ex Ms.Universe JAKS played the same story....

0.50+ seems to be the max this round.sold some to take profit.

C what will happen after ex

EGM soon on 20 Oct.

Lets c

Not knowing the pattern of the boss as its a new Co n they dont have other listed co...

Buy low sell high is safer..as long as we can make money

I will be happy if it can touch 0.50+..

Anyway as long as I can make money then it will be fine

2018开始资本

1,065,205.17

Now

684207.38

2018至今

-35.77%

Only suffers a loss of 35.77% since 2018....considered very good oredi.....by right should lose more

Anyway how would Philip defends?

I can only think of 3 ways....

1) His QL won my MNRB so he is still very smart
2) Challenge me to show my 10 years result or portfolio
3) Claimed that when times are good I talk a lot, when I don't do well I will just go quiet and disappear (quite funny...dont know how he gets such conclusion...but again who cares...)

Maybe can find a more creative excuse this round?

Or u love to suck rich man's balls very much?

What is so good abt Philip?

I can only think of few things abt Philip ever since he came to I3 since 2019 (or 2018?)

1) showing off his wealth
2) promoting QL in 2019 but underperform this few years
3) Sold all his TG (which he claimed he bought n held for more than 10 years blah blah) at average of RM2+ in Apr or May 2020 just b4 the crazy glove party began
4) Writing a lot of long essays on his investment theories (which i can hardly read for 5 minutes)
5) When he lost his arguments he will lose control n lie n talk a lot of rubbish
6) Lately, kena burnt in Serbak (relied on so called insiders news) n finally cut loss at RM0.30+ few days ago despite my earlier advice tom him since June..

Quite a miserable performance in I3 since his emergence in 2018 or 2019

So LaoTzeAhSir why did u PLP him blindly leh???

Ah Jon is smarter....quick quick jump the ship of Serbak Bonds when he sees profit

Look into the facts...not relying on so called insider news for self comfort

Lesson no 1...never trust insiders.....lol

Wah...very sour leh

The point is high ego will cost u a lot of monies...nothing to do with my 10 years portfolio etc

Philip ( buy what you understand) They have somehow convinced me to buy another million shares at 0.33+.

Let's see how.


>>>>>

CharlesT Btw how's yr internal staff of Serbak in yr Telegram Group?

Resigned oredi ah?
27/06/2021 6:07 AM


I learned something 20 years+ ago...never trust all the so called insider news...

Father of the Boss of several public listed co gave tips to his buddies during a mahjong section asking them to buy his son's co shares....

At the end? All went Holland......

CharlesT

QL vs MNRB Philip 1 CharlesT 0
Glove Philip 0 CharlesT 1
Karim ????????????????????
02/06/2021 7:04 PM

Seems like the result is out....

Karim Philip 0 CharlesT 1

Open high close low

SC approved. Next will be EGM

Cheapest but also the most protective one

Sinovac not cheap lah....even more expensive than Pfizer i think

AZ is the cheapest...USD10+

Have to wait for the free bonus n wa lah

Much more easier to apply via online application. Save the troublesome of going to bank n sending out by courier.

Just apply an account with Tricor in this case n apply on line.

Total valid acceptances 329,594,347 11.79%

The lowest acceptance I have ever seen in Bursa's rights issues

Minetec boss diff fm Lien Hoa gang...

But seems die hard also....PA likely to open at rm0.005 on Fri

Should hv round 2

Submitted on 19 Aug, normally takes less than one month

Approval on bonus n free wa fm SC soon?

Q result is out.drops ard 30% fm previous Q

The key concern is the emergence of China Glove...they took only few months to increase their global supply fm ard 7% to 20% in 2021.

Comes 2022/2023 the competition n price war shall be more intensive

I have no doubt that their profit n asp could be lower than pre covid 19 by then

Back to Feb 2020 level

Other glove co shareholders shall be scared

Second chance for me....first round made ard 20%

Back to pre covid 19 level soon...going fwd, ASP could be below pre covid 19 level

Thanks to China

Not scare of ASP drops ah
Not scare of China mari ah

Maybank new TP rm1.68.....

For good memory n records

Posted by GlovesOff > Sep 17, 2021 2:58 PM | Report Abuse

sudah screenshot tak last day at 3xx


Yeap...the historical moment...may not see RM3+ for a while after today

Dont worry next week likely to drop more...after re rating by IBs

RIP to all die hard fans of Glove

Sales drops by 50% net profit drops by 70%...the impact of dropping ASP

A Drop of 70% profit fm last Q

Thought can make RM1B+....

Walau A...only RM600M+

TQ Mr.Au

Cheetah at the same time happily grab 20%+ of this toilet paper?

Whoever gives me money I will say good words n thank you to him

Generous Boss

Too late to cut Harta i guess

TG n Supermax hv relatively much more downside risks if both follow Harta to go back to Mac 2020 level