I am not convinced that WC bought the shares on margin. If he does, with the deal off, Parkson is going to 50 cents on forced selling.

Ks55, care to explain what is the pledged securities about?

No matter how you guys disagree with Mr Koon's stock recommendations, donating RM 50 million to the needed is always a good cause.

kancs, we all know the land on the books is worth something. But if nothing is done on those assets, no value will be created for the shareholders. Property counters like GOB should be traded like an earnings play. If you were to trade it as an asset play,be prepared to be disappointed because the share price may never reach the fundamental value. And ALL property counters in Malaysia is supposedly trading at a discount from RNAV. Now, traders should enjoy the ride until the train stops. See you at RM1

I am sorry but trading a share based on net cash is a dangerous proposition. Remember ICAP is trading below its net cash per share too.

kcchong, it has been a while since you recommend us new stock picks. Why not do one?

Why is Hap Seng injecting so much cash into the company? What are they trying to do?

Magni and other export themed stocks are in a dangerous position. Much of the information about a weaker RM benefitting these companies have been discounted in the share price. The smart money have all bought into this investment since a year ago. The jack up in price to RM 4+ is done by late gamblers like Rosmah. The sentiment around export oriented stocks will be crushed each time RM strengthened by 10 cents. If you think RM is going to RM 5, then Magni is a good buy no matter it is PE 10 or 20. If you think RM is going back to RM 3.8, i am sure Magni would trade much lower.

Definitely a privatization exercise is coming soon

This Magni is going to explode. With RM 100m in the bank, Magni is the cheapest stock in Bursa Malaysia. And look at its free cash flow, it is a money printer in disguise. I wonder why kc chong has not updated his views on Magni. We have an undervalued share that is gaining momentum. Magni may be the greatest performer for the remaining months of 2015. Some investors may be sceptical about its future profitability that is highly tied to Ringgit. But one thing I learn from history is a big currency move like that will not rebound in a matter of months. Ringgit may stay low for at least 2 to 3 years and this basically guarantees Magni's future profitability.

Now, somebody please tell me. A company that is growing steadily and backed by RM 100m cash trades at a PE of 8? Are you freaking kidding me? This is going to be the trade of the decade. I am selling my house in TTDI to load up on Magni.

Your kfima is also a value trap Sir

Results out. AEGB burning RM 6 million every quarter. Sooner or later all the tangible assets in the balance sheet will be burnt too. Brahmal should feel extremely anxious right now. The only way Creador can save face is to sell the properties under the balance sheet and recoup their investments.

Has anybody seen AMU facebook page where they put up the roadshow pictures? They invited Astro to the roadshow. Having seen the pictures, I think AMU's advertising strategy is mediocre at best. I wouldn't want to send my kids to a school which advertises like that.

What bear? The stock market has not even dropped enough to consider a bear market. It is just a correction for now.

不过看在那个Agent非常勤奋的说服我买下，心中也少许开心一下。
毕竟如果有人买了，就代表KSL赚钱了；KSL赚钱，也就是我赚钱了。

This is the most flawed logic that I always hear from fundamental investors like you sir. Let me teach you how to be rich enough to buy that RM 600k property. Do you see KSL share price right now? You make money when it goes up and you lose money when it goes down. You do not care about whether KSL sell any properties okay fish?

Dont worry guys. There is 7% dividend yield to cover! Buy and hold till the cow comes home!

One has to be realistic about the new management recovery plan. Despite the hype of SMRT reviving CUCMS, one has to look deeper into SMRT financials which the returns from CUCMS is just not that impressive at all. This stock has to be analyzed from the bottom up. The education industry is a competitive one and right now, MEGB has no competitive advantage over the other competitors eg. MAHSA, KPJ, MSU in terms of track record or even quality. So, what MEGB could do right now is reduce its course price and expect "lower quality" students to enroll on the cheap. Also, the future of MEGB relies not on local students enrollment but foreign students enrollment. In my mind, I have a concrete way of gauging the performance of MEGB's business performance but I will not share it here. You guys have to do your HOMEWORK.

This stock is like Fimacorp. Too tightly held by top shareholders. Institution funds will never get to buy a piece of SAM. The share price of this counter will solely depend on retail investors perception

Wow, smartass. Expect MEGB to stay below 60 cents for a while. After all, it has not shown any real prospect of break even.

Yawn. This kfima has been undervalued for how many years? To the learned investors, we know clearly this is a value trap. Kcchong if you wanna hold, you cancontinue to hold until the cow comes home ok

08/06/2015 Flintstones

The share price has tanked again. I know many i3 members have been doing site visiting, posting wonderful pictures of a crowded shop. Let me enlighten all of the naive investors here that you are missing the single most important thing here - PRICE. Did anybody notice Padini's products have not increased in price post GST? That can only mean one thing - Padini is absorbing GST for the sake of market share. When you absorb GST, your bottom line has to suffer. I do not wish to give a number on what Padini's margin will be in the coming quarter. Anyway, good luck again to the dividend investors. God bless you.

To those interested about my new TP for padini, it is RM 1.1X.

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

15/10/2014 Flintstones

Update 1

It seems that the share price continue to inch lower towards my TP. Again, dividend investors must consider future dividends than current dividends to compute its prospective dividend yield.

To Benson911, there is no big fish or small fish in the stock market. The only fish exists if water fish.

21/10/2014 Flintstones

I WARNED EVERYBODY HERE TWO MONTHS AGO WHEN PADINI WAS RM 1.90+ AND NOBODY BELIEVED ME. NOW YOUR DIVIDEND ALSO CANNOT YOUR CAPITAL LOSS!!

Did the speculators not read power root's quarterly report? RM 10 million of the net profit this quarter is contributed by an one off property development. My god. Good luck to those who wish to hold this counter and expect few baggers.

LOL....The stocks you mentioned all drop less than 5% since last week. Accumulate what??????

Hahahahaha, Kevin Wong, dont make me laugh lah. How much paper loss are you sitting on? You wanna invite people to go holland with you??

o0o

This post gives me cancer. English please

In October 2014 I posted this

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

15/10/2014 Flintstones

Congratulations to my friends who listened to me. You have dodge a bullet. Now, I am willing to share another tips today. Padini will bottom once dividend is cut so there is more room to drop. Quickly take your money and run.

Brahmal targeting 3 times return on capital in 5 years

http://www.thestar.com.my/Business/Business-News/2014/11/22/There-are-many-exciting-minority-deals-in-the-market/?style=biz

gungho 92 at time 6.26 pm - "weehehe ~ good news coming :D"
at time 7.02 pm - "Not this quarter la. November usd still low. Not so fast yet. Be patient. Collect more tmr.

GOOD JOKE! THANKS FOR MAKING ME LAUGH

Saywee strikes again. Wonder how many people went to Holland following their recommendation

Sell and buy after GST

Newbies here should do your homework too whether it is wise to too up at current price. All of you can look at my track record here. I have been shouting sell since Padini was trading at 1.9X and people ridiculed me during that period. You know for every 10 cents drop there are the same bunch of people saying they have bought more for dividend. Whether they really bought more we dont know. It is up to your judgement. You know when desperate and hopeful people have no more bullets they will promote the stock to save themselves. Gawd bless the dividend investors. Gawd bless the buffett wannabes.

Padini will drop another 10 to 30% based on my analysis

Useless article. You are one year late. All the good news have been discounted inti the price. Nothing new

SMRT and Brahmal has been f****ed by Sivakumar. There will be a tussle of control. Sivakumar adding to his position means the deal will not go through at RM 0.60. There will be two case scenario that will follow suit; a) Higher offer price by SMRT that is on par with NTA - Sivakumar will then laugh all the way to the bank b) SMRT and Brahmal abort the deal. The price action for the next few days are important. If MEGB up strongly in the open, it is a sign of adding your position. If MEGB drops below 0.60, that could only mean one thing - Brahmal is cutting his loss.

I have been right about the direction of MEGB in my last two calls if you noticed. Still, MEGB will trade around 0.6X once SMRT deal is finalized

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

15/10/2014 Flintstones

Update 1

It seems that the share price continue to inch lower towards my TP. Again, dividend investors must consider future dividends than current dividends to compute its prospective dividend yield.

To Benson911, there is no big fish or small fish in the stock market. The only fish exists if water fish.

21/10/2014 Flintstones

I WARNED EVERYBODY HERE TWO MONTHS AGO WHEN PADINI WAS RM 1.90+ AND NOBODY BELIEVED ME. NOW YOUR DIVIDEND ALSO CANNOT YOUR CAPITAL LOSS!!

http://www.thestar.com.my/Business/Business-News/2014/12/10/SMRT-gets-extension-for-MEGB-due-diligence/?style=biz

ISMRT has requested an extension of due dilligence. Is SMRT having doubts about acquiring MEGB? The fundamental has changed. Now, MEGB has a very real chance to drop below RM 0.60.

Repost #2 from 15th October

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1806789

There are no near term catalysts in sight. Much information especially SMRT deal is already priced in at RM 0.7X. Smart money entered at or below 0.60. I can foresee some of them taking their profits soon as the trend cools off. This counter will stay between 0.6X-0.7X for months!

Hi Mr. Lim, not really convincing when you cant even spell the fund manager's full name right. After all these years, you still dont know who the hell is Tan Teng Boo? This tells us one thing; either you are a gambler who dont know anything or you are here just to trash KC.

I am fairly concerned about Parkson's share buybacks. I remember they bought all the way down from the peak. That is not the best use of cash IMHO.

Based on yesterday evening's bullish comments, today MEGB is going down!

aikwais, the way you regard shariah-compliance as a catalyst is laughable and naive at best. Where was Padini trading before shariah-compliance? Do you think our muslim funds will suddenly start buying Padini when the non-compliance is uplifted?

AdCool, fundamentally, Parkson isn't cheap at all. You are looking at a business producing returns below cost of capital. Businesses like these are valued at NTA. Currently, Parkson is absolutely fully valued. Only investors believing in the great recovery of China would pay a premium for Parkson. But then, if Parkson goes down to less than RM 2, then it is time to whack like no tomorrow! Parkson is a good business. You just need one good timing to whack its butt.

Hi KC. Are you best pals with KYY??

Repost #2

I believe the imminent uptrend of MEGB will be formed in few stages;

1) MEGB quarterly profit (Objective attained)
2) Official announcement of SMRT buying into MEGB after due dilligence
3) Change of management & board members
4) Sale of properties
5) Operation profit turn around

The uptrend will go according to these stages which will take at least a year. I believe the share price will hover around 0.6X for the time being. The real trajectory surge in share price will only occur when MEGB shows operating profit which I think would take another 1-1.5 years. Just look at the facts, we have a Mr. Education in SMRT CEO and a strong backer in Brahmal. Rest assured, both parties will make sure MEGB a success. I cant think of a better management team and controlling shareholder that could turn around a university with multiple licenses.

APA LAGI INVESTOR MAHU?