produced from higher priced raw materials bought several months earlier ",......in an environment of falling crude prices......that is exactly what happens and caused Shell Refinery and other big refineries in the West to go bankrupt recently.

The selling/ product prices are adjusted to the latest prices while their raw materials were purchased at a higher price.....of course they go bankrupt.

Why you don't believe looking at the charts can tell the fair price? The fair price.....at best will be the average price of the last 5 years.....in view of their operating environment.

just don't take people to holland , that's all.

in an environment of falling crude prices , refineries in the West and in Malaysia are suffering ( Shell refinery is sold for a song, Warren Bufett just bought out a huge but failing refinery)
In China, refineries are having a happy year, so much so they have money to buy Shell Refinery.

You know why?

In Malaysia ( and in the West) product prices are adjusted to the lastest crude prices plus a margin.....but the refined were produced from higher priced raw materials bought several months earlier....How not to die?

In China, they practically fixed the product prices...in an environment of cheaper and cheaper crude prices, how not to make super profits?

ok.....so Petron has petrol stations and a refinery....the petrol stations buffer the losses.....but to call Petron $10........sure you not taking people to Holland?

Looking at chart above, I will say a fair price would be $ 4 - $5.

readers...be warned.

Desa1756..... Use your own name to post.

It is so unethical of you.

This 83 years sure is very colorful.

In the last few days he wrote about Proton, wrote about airlines and now the most unexpected title call advantages of margin call.

To go where no man has gone before,. Nobody ever writes a title called advantages of margin call..

To push the frontiers, to think and rethink every thing. New perspective every day.

Even more energy more creative than a 23 years .....KYY is a very special person.

One day I may meet KYY and ask him his secrets.

You don't have to follow his tips.....you can be smarter than KYY and be a KYY yourself.

.....after you have absorb every thing from the sifu.

You fellows cannot make money still want to criticize people.

Just like KYY says.....you all want to remain poor the rest of your life meh?

People who open their eyes open their minds can always find things to learn, things to improve.....close minded cannot change one day become dinosaurs.

Buy Mudajaya is called speculation......you speculate on some thing without adequate information.

You say more or less but this is an extreme case.

If Dr Yeoh is a Consultant, he should devote his time as a good Consultant to CRCc....not be. cRCC sub contractor....there is already conflict of interest.

Next....CRCc is the most corrupt organization in China....their head was expelled from the party and given life sentence.

Now....our AhJib pledge every thing in Malaysia to these Chinese corrupt companies because no Western company will give him kick backs.

Lesson to all......

Next time don't buy shares based on political links, cronyism, corruption, heavy promotions and hypes, ......and don't get involved in red chips.

Have some good principles.....people can still make money by following good principles

This Vivo is based on corruption, political patronage, cronyism , who knows who.....all very Chinaman ideas.....be more modern and stick to good principles and good values.

Myview...I hope you are not all in into this China idea.

It's a stupid idea to begin with.

.......there are no successful people in this stock....not even at this price.

no idea what you talk.

Since they have completed the PP, you can buy at any price.

myview reported lost.

36 million PP completed at $1 each and will listed in next few days.

I know...Fenix is die hard fan.........surprising you are still alive.

Feudal people will always support the incumbent. Period. It is their habit.

Have no idea what you talk.

all of its asset n profits is for the management to enjoy NOT u....
......for their holidays.

Just buy blue chips la until you are old like me.

Nemesis is right.

Leopard doesn't change it's spot.


They control Mulpha with < 5% share......why should they give you dividend.?

Post removed.Why?

No idea what you talk.....just. Kok to me.

Moneysifu....it's called sharing .

Sharing and especially if reciprocated creates happiness.....another of KYY theme.

Sharing when misunderstood creates frustrations and very discouraging.

Moneysifu....the incentive comes from a good heart, a sincere heart , a pure heart.

It's good if can make other people rich....or at least avoid disaster.

The writings on the Wall already.....

Proton time is up.....

But they cannot burn down Klcc or Putrajaya.

Smart investor.....over bot is over bot......you cannot do any thing about that unless you got unlimited money.

Let me revise my entry range to 1.00 to 1.10.

The most famous stock picker in history....one Warren Bufett....placed a million dollar bet with hedge fund managers and bet that his chosen low cost Index Fund will beat their choice of any high cost hedge fund over 10 years period.

Now is year 8 and Warren Buffet bet is leading by a wide margin.

If there is a single way to riches and fame it will be arbitraged away soon enough.

Over the long term it is not about systems or formulas......

It is about the laws of probabilities

About a certain businessman' s intuition......and risk management.

Speaking generally, portfolio returns of above 30% is very unusual and not sustainable.

Statistical outliers remains as statistical outliers.....like someone striking a lottery.

Hakchai...ah jib kor got the title worse Finance Minister in Asia.

That is good reason to hate him.

The more they do the worse it become....TaoTe Ching.

I wish every future PM is a sleeping PM.

They gave Ah Jib Kor the title the worse. Finance Minister in Asia.

So who worse is a good question.....it depends.

Mahathir belongs to the Merdeka generation and is a patriotic figure.

Ah jib kor is managed by Rosmah and diamonds.

So cheap skate it's actually criminal that 1756
This is the real Desa.

You email Cimb tell them Cimb no standard.

A good hose is important

This 83 years old got more energy than a 23 years old. What's the secret?

Icon.....not easy to reach $2, once factor in only 70%, warrant dilution and further dilution from capital expenditure....and the risks involved.

Some even say got quota one.

This is TS not VT.

Wrong question.......only under valued shares recovers fast.
Most shares don't recover from a hype.

ktsk88
1568 posts
Posted by ktsk88 > Feb 17, 2016 01:01 PM | Report Abuse

Which shares didn't go down and recovers?...........it just can't go up forever and every stocks have their days.

Vivo lost its grip.

Not easy making money from share market just following syndicates. Or CIMB promotions.

My view?

Patience got....$1 level look like coming if market corrects.

I will get some around that price.

A few questions...

Net current assets , net current liabilities both at $120 million, how to finance the expansion? Even a 1 for 1 gearing and at 70% equity still needs to find about $ 70 million.

Last year, they did a warrant issue of 120 million convertible at 25 sens.....aiyoh.....future shareholders die la.

They are good businessmen, not so good in financial planning.

Two different guys? Oops sorry then.

Anyway this Tek Seng looks tired and over bought.

Surprising Icon promote this over bot counter instead of a half bankrupt counter with no volume one and therefore easier to push.....lol.

This also VT counter?

Alpha jack...


I see you in this thread gives in the shivers.

I saw you at Comintel at 80 sen, Aemulus at 60 ......all holland one.

You kuat kuat bullish.

No worries...time to go up it will go up.....

Back.....they are back....buy Kein Hin, make money fast fast.

No need talk one talk two...buy Kein Hin make money fast fast.