Michael! We seniors cannot take blood anymore! My son can really buy speculative stocks at its high!

Akito! Now malai hate us chinese! Very hard to get contracts! Now Syed Mokhtar malai cronies getting priorities! My son business really suffer!

Buy 10 cents! Wont go wrong!

Ha! Problem with Bolehland today! Publish too much negative news! Didn't publish how Najib and US together with China proxy want to fry the market! Try checking how quietly US being pumping money into bursa! When worry about tapering and us debt they actually pumping becoming direct shareholders in bursa! Very smart! Waiting for that special signal to burst new high!

http://klse.i3investor.com/servlets/anpth/939946.jsp

If you have not buy yet, you bit late to join American fry! This is JP Morgan fry up! Goldman Sachs also taking position in other counters! You think US and China come for visit with no purpose in mind! You think they come to have holiday without going back bags of money! Muhibbah and Favco will blast the frying pan!

Maybe 15 years from now 60% malaysians become johoreans! Earn sing dollar live cheap malai!

Ha! Work in Singapore, live in Johor! Singasia!

This one don't look price everyday! Once a month enough! 10,000 shares can make a thousand a month enough! At least you can tell friends you bought the Nike shoes free every month!

No point explaining if the mind not open! FA or TA up to you! As long as make not loss money! TA is very short time! Make money fast! Or loss fast! FA don't care high or low price! But if your mind open, why not marry them! Good fundamental stocks with timing buy during low! And sell higher! Make money! But FA also got weakness! For risk taking companies sure fail assessment! Today we got giant Microsoft, Apple, Tesla, Facebook but all fail FA initially! FA blind to leadership, innovations and risk taking! Hibiscus is in innovation stage! Directors not stupid! Let open market be the judge! Lazy to talk talk but not making money!

Chong! Better work for KFima and get Esos! At least can enjoy returns!

Tan Sri Ong Leong Huat is humble Foochow from Sitiawan! Not higly educated but managed to build a legacy for his community in Bolehland! Gpacket is under his OSK Ventures subsidiearies! You will be surprise how many plc under his belt!

No family feud! This one family very good in business not only in Bolehland! OSK is international! Too many business to get into feud! You don't even know that they owned swiss like name hotel! Too good in business! Too good in frying also!

This one should be flying! Soon!

He's daughter is Gpacket director! Go figure!

While many still hoping to go up, Tan Sri Ong Leong Huat dumped millions of shares in open market! Enjoy!

Hibiscus no longer under SPAC but main board under Industrial Products! They already have Lime Petroleum listed in Australia! Directors want something! They want to be remembered! They want legacy! Something conservative don't understand!

So far directors or major shareholders or foreign investors not selling their single shares in open market until now! Go figure!

No brain money maker! Put 27 thousand become 35 thousand by year end! Enough for cheap holiday in Banglaland!

Cancel fights information centre can be found here! Dont look at the price flying! You testing new high!

Bolehland can do magic! You say my plc got cashpile 1 billion but give little dividend or nothing at all! You say my plc undervalue, 20 cents plc! You hope intrinsic value rm5 someday come true! Good! Continue hoping!

KCChongnz! I know you can fire M16 to sound very smart! I believe you are better suited to teach eager young minds in universities rather that trying to make me as a fool! I know you game! I already said I wont bother you anymore! Period!

Please! Do not prolong the shame on me! I loss money! You are right! This is murder hole! I should listen! listen! listen!

Posted by kcchongnz > Oct 4, 2013 12:35 PM | Report Abuse

Did I miss Hibiscus? How could I when I don't give a damn to this Selling Promises And Craziness (SPAC)?

Posted by Fortunebull > Oct 3, 2013 08:45 PM | Report Abuse
KCChongnz! You miss hibiscus as hiddengem!

Let us see how the fortune teller classified as GEM.

Since listing Hibiscus has been making losses. No revenue, still looking for qualified assets acquisition. While looking for QA, spent million for investment bankers, millions for administrative expenses, millions for financing costs, millions in "other expenses" etc. How not to make losses?

As at June 2013, accumulated losses is 20m! A gem? OMG!

Actually this is expected. SPACs are murder holes.

Think about it!
1) Would a promising company need to do deal or merge with SPAC, or rather it just go public through a IPO on its own merits?
2) SPAC no doubt has some seemingly successful business people behind them. Are you sure they too will succeed in this new ventures? Or they were successful because of luck or through other people? I tend to believe more of the later.
3)Those early birds whose cost is so much lower will unload in droves once listed, leaving those poor retail investors holding the hot potato.
4) Investment bankers will be laughing to the banks with your money. They pay themselves multiple times:
a) When they take it public
b) Consultant to the SPAC on retainer as a potential acquisition is sought.
c)When an acquisition is found
d) The one year process when SPAC is seeking shareholders and regulator approvals.

Fees, fees, fees, an ATM machine for the investment bankers. Guess whose money in the ATM machine?

What is the stories behind Hibiscus? I don't even want to hear

On 4th October this post was made, Hibiscus lowest was 1.88! And KFima was 1.95! Gosh! KCChongnz, please spare me from intellectual discussion! I am stupid fool! I don't know anything!

Citytrader! Nothing! Just some smart wise guy keep wanting to proof his superior FA! I told many times! I am just ordinary stupid fool! He not happy!

Posted by kcchongnz > Jun 1, 2013 03:53 PM

Posted by ZenZenD > Jun 1, 2013 12:25 PM | Report Abuse
Tks for ur advice, kcchongnz. Wl sell it off and move on to something else. What do u think of Cuscapi?

ZenZenD, please remember I never advise others whether to buy of sell a stock. I will never know how a stock will perform in the future. I only look at its business and its performance to come to a conclusion. And those are historical data. The future may be different but I am just an armchair investor, not a professional, and have no possession of any insider information. Nor am I having any privilege to talk to the management about its future plan and prospects. Don't come and blame me after you sell off your stock and its share price jumps.

Regarding your question about Cuspati, below was my reply to somebody some time ago. I don't think things have changed for Cuspati. Judge yourself if it is a good company to invest.

Posted by kcchongnz > Feb 3, 2013 12:31 PM | Report Abuse X
necro, you seem to be very interested in apa ini cuscapi. Why? Insiders/big boys going to goreng? Somebody going to acquire it and pay big bucks? Going privatization with big payoff? Any plausable stories? You know I have never heard of Cuscapi until you mentioned it. But since you are so keen on this counter, I will try to look at it and give my litte informed opinion here.

Cuscapi, a e-commerce outfit listed in Ace Market providing services such as call order delivery services and other F&B management solutions, operating locally and internationally especially in China. It obtained a couple of awards, ‘Top 10 Most Satisfying F&B Management Software’, and ‘Innovative Award for China E-Commerce Enterprise’ as mentioned in its 2011 annual report. Sounds interesting and unique business model. But how is its economic moat? Is the business in demand? Is there high barrier of entrance from other competitors?
Let’s look its growth for the last few years to gauge its economic moat. Table 1 below shows it revenue and net profit for the last 5 years since listing in Mesdaq in 2007.

Table 2: Growth, value in thousands
2011 2010 2009 2008 2007 CAGR
Revenue 53595 48903 38925 36280 38000 9.0%
NI 8631 9123 262 980 8500 0.4%

Revenue grows at a compounded annual rate of 9% for the last 5 years, doesn’t really appear to be a high growth company as claimed. Growth in net income (NI) of 0.4% a year is at best uninspiring. In fact during the last US sublime crisis in 2008 and 2009, NI was seriously affected with NI less than RM1 m as shown. How is its ROE?

Table 2: DuPont Analysis
Year 2011 2010 2009 2008 2007
ROE 15% 21% 1% 3% 22%
NI 16% 19% 1% 3% 22%
AT 0.794 0.930
FL 1.143 1.220

Table 2 above shows that ROE bounces around and it is inconsistent. During better time say in 2010, ROE appears to be good at 21% achieved with NI of 19%, asset turnover (AT) of just 0.9, meaning not enough turnover or jobs. The financial leverage is low though which appears to be good. However other companies of similar service-based businesses have better metrics than these. Moreover, you can see the deterioration of its operating efficiencies from 2010 to 2011 when ROE worsen from 21% to only 15%. In fact there doesn’t seem to be any improving for the last 9 months ending 30/9/2012 with NI of RM4.8 m only.

What about its cash flows? Table 3 below shows its cash flows for the last two years:

Table 3: Cash flows
Year 2011 2010
CFFO 4560 11414
Capex 5100 4933
FCF -540 6481

There are some free cash flows of 6.5 m in 2010. However, there is no free cash flow last year after spending money on software development and purchase of plant and equipment. So where is the beef? But never mind, a not so good stock can be a great investment if the price is cheap.

At the closing price at 32 sen on 31/1/2013, PE ratio works out to be 8.4, not really very cheap for an ACE stock with not much of economic moat, in my opinion.

I apologize to KCChongnz! I surrender! I wont bother you anymore!

Ha! KCChoongnz! I see you fail assessment on Cuspasci! And if you followers bought KFima at 1.92 already made a killings! Congrat! I am stupid idiot! Please don't bother to follow my comments!

Ha! If you lose money wrong! If you make money you right! But if you make big money, keep quiet!

Better learn in group on TA! Especially highly experience certified TA! Then you can 'see' what the charts are telling you instead of what you assume the chart will be! Just a friend advise!

I got tons of certificated in TA! Attended so many courses! Enough to wipe butt for lifetime! Also can lecture FA in universities! So what! I am born stupid fool! Stay hungry stay foolish! Once you experience limit up counters, you get numb! Understand the business and potential better! If you want to experience limit up, you know what to do!

Ganasai and Rikki know the whole story! So that's why not excited at all! In fact disappointed! Why no limit up! Hope all contra players sellout! So no hope buying back!

Broken 2.43 easier! So going for next resistance 2.74!

Ha! So taking to super resistance 2.74!

Very slow!

Promote your long term Kfima!

My margin already over 20 cents dont even feel anything!

Stay out of hibiscus! Soldout! You few cents joy take else where!

Everyone has own way of investing! But dont simply make a degrade remark! Read all comments in Hibiscus first! You just butt in here and dont know head or tail!

If you dont understand counter like Hibiscus, dont try to make remark of ignorance! This counter has super potential unlike euphoria focal! This one 5 times limit up also wont surprise me at all!

Ha! Lets see if can break 2.43!

Inwest88! If you soldout, good! You dont even know technically testing 2.13 resistance! 30 years of stock market you still dont know this simple trade rule! 2nd, if you wanna punt Hibiscus, you should have bought warrant! I feel insulted for less intelligence try to make cheap fun!

Ha! Few cents up already Inwest88 got too excited! Yet insult me on my comments!

Ha! And Inwest88 actually insult me!

Ha! Best time to buy Amedia!

This Kutty123 always talking nonsense to all forum!

Tomorrow will be frenzy! I am super confident bursa will open very high! Many will not be able to buy at lower prices! If you see Amedia still 10 cents, grap it! No problem going 11.5 cents! If market continue bullish, no problem to see 5 cents return! I notice you are more into speculative counters. If you interested to see fat margin, do read my treads! Prlexus, alam, jobstreet, hibiscus. These are some counters that can give good returns! Or and also Salcon! Maybe when I am free, and got many request, I will share a portfolio for all! I don't enjoy some people getting angry for nothing! That's why I rather not give too much information!

Obucks! I don't want you to get hurt! I recommend Amedia! If you follow me earlier, you safe, now, not so confident to ask you to get in!

Potenza and Thjldg now the top traders!

Would like to hear stockguru, Vincent ng, Tansoobeng and fireball to answer Null question instead of being angry with yourselves! Nonsense wanking is for children!