any day any time I prefer to discuss more intelligent stuffs. You set up a topic, I will join you.


by duitKWSPkita > Feb 22, 2016 11:28 PM | Report Abuse

Desa bro...........

come...... one day we discuss market psychology and we share share how Market Maker makan duit

Onggg Felix.....all these low rats got nothing to contribute....but very irritating.

duit.

I am free
I have confidence
I can lift it
I can drop it.
I can handle it.

of course I prefer to discuss issues....but these people keeps talking about me instead of issues.

a bit tough. But, I am free.

I don't intend to write my biography before I post here.

manimaniONGG > Feb 22, 2016 11:17 PM | Report Abuse

if your instincts is of any good. why at the age of 60 your portfolio is only rm100k? and not rm 100million??

not from kopitiam....from my instincts. Not impressed with you at all.

manimaniONGG > Feb 22, 2016 11:11 PM | Report Abuse

Desa, anymore hear-say from kopitiam to share here?

duit...I would really love to discuss issues, not me.

you should protect your turf...good luck to you. Lets see how you protect your turf....others are watching.

kcchongnz > Feb 22, 2016 11:01 PM | Report Abuse

Posted by duitKWSPkita > Feb 22, 2016 10:52 PM | Report Abuse
Mr kc chong...
看开点，我们来这里提拔人而已。。。。我们没有资格去改变任何人（何况人家不领情）。。。把时间留给有潜能被塑造的人才

its routinely done prior to 2008 when the model allows it ....lets say rock solid 5 standard deviations portfolio that only fluctuate no more than .5% based on the construction of the portfolio.

it will be silly not to take up the offer.



y manimaniONGG > Feb 22, 2016 10:57 PM | Report Abuse

Desa. You said hedge fund routinely using 1 dollar to play 100 dollar. Which kopitiam you heard that?

Wakakaka.

onggg, couldn't bothered how many decades you got in the hedge fund industry....You don't impress me at all.....

bad staffs they employing nowadays.

chong you pay me ah?

for free...that is as far as I go.

I still got those at $ 2.04 ....so how?...soros, you sell or not?

Chong.....cut and paste?

You must be impressed to think it is cut and paste job.

Say you are impressed with Desa and next time sure to listen.

Let's us who gets bragging rights over this counter in future........

Right....5 lots is 5 lots too many already.

Changed my mind about them after reading more about them.

My portfolio size is $100,000 . Nothing to hide.

My confidence size is $ 100 million.

Very transparent, nothing to hide.

My target $ 130, 000 end of this year.

If I don't get that, I will have to review my confidence size.

Black scholes talks about warrant pricing....not about risks and margins.

Why I am so confident?

Because I can talk issues.

The rest of you just want to talk about me.

That gives me a lot of confidence.

Yes, Felix, one time articled clerk , but you would not know what it means.


I look at you Felix as I look at a tea lady.....that, I am sure you know what it means.

I told you many times getting any money or any benefit from Koon is not the reason for my posts.

The co relation ship of the components inside the portfolio.

A highly co related portfolio becomes highly dangerous.....concentration of risks.

Stocks routinely drop 10 % within days. 10 to 1 gearing means you are wiped out already.

Hedge funds use a combination of longs and shorts and saddle to manage risks using standard deviations calculations.

It's two different worlds.....but the principle remains the same.

Whether too high gearing too low gearing is a question of risk tolerance, expected standard deviations of the portfolio......

Of course when KYY says you can use margin provided you know how to choose your stocks ...he is simplistic and naive.

Professionals do not look at the fundamentals of the stocks.....they look at the standard deviations of the portfolio....but when a black swan event came, the pros too all got buried.

The prejudgements refers to people's response to what he wrote.

No big deal this enterprise value.....especially since it turns out most companies come out with the same answer whether use PE ratios or enterprise values.

Just a tool.

Well, I am confident because I am confident ......You jealous?

That Koon is telling you his experience as he sees it.....including a margin call on him.....maybe somebody can learn some thing from there.

The rest is just a lot of misinterpretations and misjudgements and prejudgements.

Icon....whether margin too high too low is all about risk tolerance, about strategy and details of the portfolio.

Hedge funds routinely take up gearing of 100 to 1 even when they have confidence in their modeling.

Icon....not big deal....but you realized they converted millions of warrants into shares, give themselves more room for the private placements and do some arbitraging selling converted shares at market price and take up the PP at $1...... Too smart these cookies,

I guess 30% target on 300% capacity expansion sound doable and reasonable.

But I have decided I want no part.......

Let's see in future.

Of course never expected I will selling 5 lots one. Thought I was going to buy more if it comes down ....well that's that.....but I am confident I am right....

Probably they are quite good businessmen.......but lousy and greedy financial planners for the company shareholders.

Enterprise value....it is some thing I am very familiar with .....but a bit rusty that day and made some errors ...no idea how errors come from..

Chang...didn't realize you that bad....

Compounded growth curve is another word exponential curve la....same thing.

The pros routinely margin 50 to 1 ratio to play CDS ...1 to 1 ratio is sap sap Sui.

I may be accountant....but sometimes I think my timing skills even more developed than my fundamental skills.

looking at the charts, I can feel it in the bones that Keinhin was coming and then it comes................

happens too often to be coincidence. lol.

why those guys issued those warrants last year?

they all think warrants are free money and wanted the free money.

all the lousy companies are like that one.

copy this down and review rest of the year......it will be educational.

icon...this one I sure.

5 lots also 5 lots too many already.


did you account for all the accountant issues....like warrants, tax, minority interest, private placements?

but also mainly, don't like guys who harvest even before the tree bears fruit......like those businessmen who go out to buy Mercedes even before the first sales comes in.

plenty of better deals out there...just got to look.

or in other words, KYY is too far ahead of his audience.

lets say got free shares
and , no margin call....will never sell
got margin call....forced to sell.

when the dust has settled, the guy seems quite happy the margin forced him to sell what he never would have sold.

like a fat girl who cannot diet unless the adults come and take away the sweets.


lol

5 lots is 5 lots too many already lol.

Management could have taken everyone on a ride with the warrants, the private placements.....and all these good stuffs for a group that has never seen good times before.


Management harvest one round first....then only your turn.

Best reject both.

08 Anyway, please be reminded that Tek Seng only has 50.7% stake in TSS.

With the 120 million warrants convertible at 25 sen.....sounds like the management is taking everybody for a ride.

08 Anyway, please be reminded that Tek Seng only has 50.7% stake in TSS. ......good one.

Adjust for 50% MI, dilution from warrants, dilution from private placements, lower tax than usual due to reinvestment allowance, not tax free status.

Most important, don't like it when people harvest even before the tree bears fruits....I mean they issued 120 warrants convertible at 25 sen before all these hypes. And then have the big press conference about expansions and issue private placements.

Sounds too much like management are harvesting at future shareholder expense.

Adjust for every thing, including tax properly and see. Not worth it joining the hype. Disappoint more than happy.....oh....implementation risks too.

just say I love a challenge.....I can't run away from a challenge. I am free.

Coldrisks
1720 posts
Posted by Coldrisks > Feb 22, 2016 01:07 PM | Report Abuse

Everybody has their own opinion, don't agree also don't have to fight ma...

Faye....I don't have to tell you Petronius profits fluctuates wildly year to year.

A fair price? I guess an average of last 5 years is as good as it gets.

Icon... I am full of positive energy for Keinhin.

Well....in the case of listed companies, no body pledges their shares to finance the company expansion. That is for Sdn bhd.


musangking
6 posts
Posted by musangking > Feb 22, 2016 02:45 PM | Report Abuse

for expansion sure good

Think creatively......there is always bigger opportunities when think creatively.
Margin, gearing, borrowings will be with the market as long as there is a market

You want to be guru, you have to give them what they want.

Oh...and I was mocking you on that smooth exponential curve you introduced earlier.

Yes, finance is an exciting field, looks like you have to go back to classroom as much as your students.

Cannot sit still and no change one.

Don't worry la....


Plenty of catalyst for it to go up...results, restructuring of minority interests in Vietnam.....and it's not even an export share in the normal sense......they sell locally and in Vietnam via their Vietnam operations.

The main catalyst will be results and maybe one of two funds gets interested.....at the Monet...they have zero big funds with them.

I got 5 lots

Decided to sell them away.....

With a fully diluted base of almost 400 million shares, only 50% interest in that solar project.....it will be lucky to stay around this price for the next 6 months.

With zero net current assets, now they raise $ 30 million to part finance the expansions that needs $120 million, or half of total of $240 million.......even with 50% borrowings, there still need to find another $ 30 million.

Implementation risks are still high, the Taiwanese control the pricing and all major players in this sector not doing well......not worth it.

I am sure I can find better deals.

Some say there is this quota system that depends on who can bribe who in this industry.

I got 5 lots

Decided to sell them away.....

With a fully diluted base of almost 400 million shares, only 50% interest in that solar project.....it will be lucky to stay around this price for the next 6 months.

With zero net current assets, now they raise $ 30 million to part finance the expansions that needs $120 million, or half of total of $240 million.......even with 50% borrowings, there still need to find another $ 30 million.

Implementation risks are still high, the Taiwanese control the pricing and all major players in this sector not doing well......not worth it.

I am sure I can find better deals.

Some say there is this quota system that depends on who can bribe who in this industry.

I got 5 lots

Decided to sell them away.....

With a fully diluted base of almost 400 million shares, only 50% interest in that solar project.....it will be lucky to stay around this price for the next 6 months.

With zero net current assets, now they raise $ 30 million to part finance the expansions that needs $120 million, or half of total of $240 million.......even with 50% borrowings, there still need to find another $ 30 million.

Implementation risks are still high, the Taiwanese control the pricing and all major players in this sector not doing well......not worth it.

I am sure I can find better deals.

Some say there is this quota system that depends on who can bribe who in this industry.