chipster1234, yup ok, I will share. Since I gain a lot of knowledge from others here, its payback time.

Sorry for the delay, just back from a short golf game. Come to think of it, investment is a bit like golf. How many of us can hit 18 perfect tee shots. When 1 gets out of the way, do we have a good recovery technique. How about the short games (chipping and putting),more like short term trading (my worst part). Any golfers comments?

madguy, better to learn more of the company if you plan to put money in,.
Hustle, look more at the company performance and future rather than a director, there are many other big shareholders.
pgboy,, DC has answered.
alexyap, Nicole has given a very good answer.
DC, thanks for your generous sharing and views.

My core investment

Fully loaded -
1.Wellcal
2.CBIP
3.PJDEV/Warrants
4.Gadang/Warrants

50-70% loaded.
5.Prestariang
6.Aeon
7.Protasco
8.Pintaras
9.LPI
10.Johotin
11.Superlon
12.LTKM

Forget about my short term trading counters, all of them sell salted duck eggs and already sou thong (tutup kedai).

Please do comment if any, thx

bahaya kalau pistol di tangan YS, kalau orang jerit 'perompak' YS akan tembak. Lepas tembak, YS akan tanya saya 'di mana perompak'

DC,

My cash reserves are only at 22% of the amount of investment capital (that I intend to invest), hardly ready for a crash. LOL. Minor correction maybe.

I admired your use of leverage, as I do use leverage too (margin) in investment and also the time when we can buy properties and sell them. We just pay a small initial amount.

I also admired your guts really. Guts is what we need at times, during bulls and during bears too, when we have the opportunities to buy cheap, when others are fleeing, we must have the guts to do so.

Both leverage and guts, I would say you have more than a 100%.

We may have one more ... that could help us,, READINESS ...

How about that ...

Thx DC

Yes I am, hold tight tight. Congrats, hope you make big money.

novice8, where are you. Couldn't see you for so long.
Don't you know your hopes on March18, 6.38pm page 13, is now realized ???

Does it always happen like this? Wonder who is doing that.

haha, yes agreed. But it is during these periods of quiet that one should buy.

Thx Gladys and welcome. Feel free to come in here to discuss anything you wish.

zoom bro, yes, you can delete. I am still ok. You know the big ones that I hold right? hehe. That's good, hope you make further gains on that.

Bro zoom, I am still at it, leftovers. Am munching on CNY goodies that still not finished yet hehe. Ok I will email you. Hows the market treating you these days? Was it good?

raytheclay, ok I will keep my patience and keep. Think it will move up to Rm6.00 in just the next few months hopefully, meanwhile lets enjoy some dividends in May. Thx

Marvyn, welcome. I learn a lot from others, so its fair I share mine too. Come in to discuss anything if you wish to. Thx

aiyo dragon, parabolic no sifu, wave sifu disappear, box sifu ada ma, candle sifu ada ma. baca sini sikit sikit pun ada tahu sikit ma. sikalang manyak sifu senang ma, dulu no sifu susah ma..

aiyo, dragon, you also sifu ma, hope you still remember to use your parabolic method, I have not yet understand what it is, I just beginning to get a insight on CS, VSA. Next is what ar?

Yes, I did add more at Rm4.63, and don't mind the current volatility. Once settled down it should be able to move up. The coming report in May should show better results I think since lately they have got more and bigger modipalm projects, bearing in mind they should be able to continue growing it.

LOL, now we can have Budweiser.... connie

Continued ...

I thought of a lot of things that different people behaved. For example if I ask a salaried executive, what do you think of this business. His reply first 1. Any risk? Mitigation? second thing 2. Feasibility study.... I said oh no, oh my god, wait how many years for that? THen I ask a less educated successful businessman, his reply first 1.Profit how much? second thing 2. Hentam..........
That made me think out of the box.. If I continue doing things the conventional way, collecting bits and pieces, how many more years can I do that before I trash my life.

During the subprime crash, Malaysian properties and fundamental shares became dirt cheap, and I sign on the dotted lines for properties real cheap, panic sell, I snap up tons of cheap shares (KLCI-850).

Know what ... the key word in the difference between me and the rest of my friends who didn't make it... READINESS..

They had the same public opportunities but they were not ready. They were tied up and hit badly. I amass lots of cash and got ready for it.
Have a deep thought about what I say ....

End

To be continued .........

A true experience.

Long ago before the 2008 subprime problems that affect world markets, I used to pray, My Good Lord, give me a break, give me the luck and opportunities. Whatever I have are all due to my blood, sweat and tears to earn it the hard way, where is my luck and opportunities.

Day in and day out, i sleep as much as i want to, wake, have a cup of coffee in a nice place, having deep thoughts. Finally my prayers were answered. I knew what I have to do. After the subprime market crash KLSE, I emerged a much much better financially. People were asking how I did it, how come you are so lucky and have all the opportunities that I don't. Nope, I didn't have any luck still. The opportunities were still not given by any Datuks or rich man, and if there is any opportunity, it is such that any man in public will have. So why the difference they asked.

I still have allocations to buy more should the price goes lower, at the same time, I continue to hold for a better price

DC, you do have a big allocation for the counter, that is really very very confident.

About the dividend, I believe its enough for me to cover my share financing interest as well. The reason I put it as 4-5% is because of the spending on PPE that is to come. How the management handle it I wont know so lets put it as needed. I am afraid others will run after me with their payung if its not less than 5%.

Thanks for the insight on how to maximize the use of our finances. Appreciated.

DC sifu, Thanks for the like LOL.

Good morning Marvyn, I fell asleep yesterday after a heavy supper, sorry.
Yes I am holding other companies as my core investments.
Currently, I have abt 22% reserve in cash. 2% in short term trades, which I am lousy at. So balance about 76% is in the core investments.

Marvyn, ok, noted, we are on the same path. The opportunities may come any time. We have ourselves to blame if we are not ready for it.

Ok, summarizing,
Intrinsic value = Rm2.80
Kenanga = Rm2.40
JF Apex = Rm2.67
Its only Rm1.44 now .....

Welcome Marvyn, I learn too when other share, so if I can share with others too, I will. Are you in Wellcal for a long time too?

redwed, sure I hope the charts does show us what we can expect. I don't intent to clear my holdings, and hope I can make a 100% gain, but as what sosfinance mention, how does it work to see how much it can move?

aiyo dragon, its in the Star papers that PP is at 1.95, there could be people who still want to clear positions, and why not rite?

Thx bro

md sold a few percent of his shares, some directors sell the whole company, what are we to worry then?

Buy or Sell, your decision.
Hope you reap your rewards in the future.
thx

Yes its good. In order to understand more about this counter, its past, present and future, please do read up on it, it will give you the confidence that eventually it will work for you and you be a successful investor.

I already have big positions in this for long term. And now adding bit by bit. That's how I see it now and for the future.
There are many types of investing profiles.
If you are trading, its not suitable.
For long term yes, I do recommend.
Hope you understand without too much explanation

Or if one likes to see a million figure LOL
put in 370k, becomes 1.45million, just 5 years, not 20 years

shark, yes, that was how I started investing in and how I was paid.
As the company grew, we grew along with it.
So there is always a starting point.
If we don't do it now at a dividend of 4-5%, those who buy now and later reap more like me, then for those who didn't buy now, and buy later at a higher price will still face the same 4-5%

The 5 year chart that is also adjusted for the split shows the adjusted price.
The adjusted price is
5 years ago - 0.37
now - 1.45

So if you put 37k in, now is 145k

I don't have the records, but to know how much and when the price was, you can refer to a 5 year chart. That will give you an idea, how the trend was the past 5 years. Am not sure if you can get a chart longer than that. Check the charts.

The company says it intend to pay the same amount of profits as dividends but now , you know the shares are more after the split, so per share is less, but since the split you should be having more shares and thus the dividends come to the same as before the split

Lets focus on its business.
1. Road contruction/Mtce, a steadily growing business
2. Property development, DeCentrum 10billion over 15 years plus others
3. Education, growing intake and foreign venture
4. OnG, incoming revenue stream

Does one think all these are fakes?
Its been there for many years.
Does one director owns everything and does not need to account for other owners?

Maybe this can help us think better and get an answer

superman11, I have invested in Wellcal for a long time.
I cant remember exactly when but around 5 years ago, it was around 1.20
Say you buy 10,000 shares at 1.20, cost is Rm12,500.
after the split you will have 25,000 shares, at price now, 1.45, so total now is Rm36,250.
This is without including the dividends, last year was 16cents.
So if you are a long term investor, and at a cost of 1.20, getting 16cents is a lot. More than 10%

Now, I think if you go in now, at this price, and keep, and if you know how the company is building its future (please read through this thread to understand more) you will be confident to keep adding. That's all one has to do. No such thing as having to do work every day. At the end of a 3 or 5 year period , you see the multiplier effect and how wealth is created by choosing the right company and doing little.

When a business failed, we blame it on not being able to diversify, when its diversified, we say its over diversified. Its a good thing that any company doesn't rely on just one.

I added more around this price some time ago. And now queuing for extra at 1.44. Dividend yield around 4-5%.

Important is Revenue and earnings growth.

Private placement at 1.95 in the Star today.
Perhaps some broker received instructions from a client to sell all at 1.98, so in order not to depress the price and able to sell all, he do it bit by bit.

Even non shareholders like dragon also waiting for wave5

Not a good day for Bursa shares, but Protasco maintaining, poised for next week run up. all waiting for wave5

Company initiated share buy back. Price will go up.

Obvious someone selling but do not want to collapse the price. But there are continuous buyers for that, and soon the uptrend begins. Possibly next week, powerful wave 5. Volume down, price up is how, redwed?

Current property development Rev is roughly about one fifth of the Road construction/maintenance business.
With the DeCentrum project, Rm10billion / 15 years, roughly about 670mil per year added to Rev, and will become as big as the road construction/maintenance business, per year Rev close to Rm1b

DC, yup no clue yet. The business there is the same as what they are doing here. So its just a regional expansion, hopefully increase Rev and Earnings. Nothing yet, not much explanation from there, just an announcement, meanwhile can watch the price.

Alwin, good morning and thanks for your insight. Appreciate your comments and hope you will be able to have time to come in to this thread to share some of your valuable comments here for investors like us who are looking at investments for passive income for our future. Hope you can help us.