@stockmanmy, for once I agree with you. WTK is badly managed with the family quarrel and all. The company is solid and the prospects are good. Hard for the share price to rise with these family tussle is ongoing.

@murali, that is what I have done on Liihen. I'm thinking of selling partial for this too.

@pingdan, you are right. I should sell some first. At least it frees up some capital for other counters.

Thanks guys! Good advice.

Hurm. Greed is starting to fill within me. haha. I wonder if I should sell once my TP reached or I should let it sail. I guess I will follow my TP and sell. I should not be too greedy. I might be wrong but it is okay.

Awwwwwwwwww~ Somebody is looking to be selling. Hahaha.
I'm holding Liihen as well. I am not looking to sell Liihen right now because I'm going long.

However, for those who did not have liihen right now, careful to buy at high. It might still be a good buy, it might also be not. As for people who bought earlier for long term, should not be too worried when the eventful sell comes kicking later.

Agree with moneySIFU, day is still young. Which is exactly the reason I did not sell all my position. It is just that I'm following a system that I set up personally.

My feeling & thought said don't sell.
My strategy said sell partial.

@thanks Pingdan! i'm just a very small investor but I'm happy about this. And I'm so happy with all the positivity in this discussion. :D

Profit taking is normal. I also sold partially. I feel like it is healthy correction.

@stockmanmy, I did suffer but my average price for KESM is MYR 3.87.

I think it is more of trusting my own judgement and research and my strategy of long term investing does help. I held KESM since 4Q last year.

@duitKWSPkita, thanks. I'm a very small investor though. Even if the percentage of gains are high, I only made a few Ks only. :)

Good. KESM is one of the heaviest stock in my portfolio.

Great that KYY help to push up the price. However, for those who are holding, please sell before he does if you are not a long term investor.

Long term investor need not worry as this is a good stock.

@pang72, I'm sorry but it has already been proven previously that he lies. No question about that. But now it is good for the short term holders of Liihen as long as they do not buy at peak and sell before he does.

Danny, I understand that you have lost so much. But keep yourself together and learn from your mistakes. Next time take advices with a truckload of salt. Good luck.

Wow. Talking about a big mistake. The only reason you should buy this stock is you want to lose your money for whatever reason.

This is a good start I would say. It is just that this investigation should be consistent across the board.

@stockmanmy, we can also know what he do generally if we do our homework. His remisier will just know everything. We don't need to know everything.

@saltedfish is right. Easy.

This is a good start.

I noticed that a lot of the participants does not update their Genetec position.

Of course I understand that people are not monitoring their portfolio closely. But I think it is good to update it once in a while for the newbies to learn. :)

Good Job!

Added:

Final Dividend (KIMLUN) payment date 18/08/2016
Reference No:ENT-27042016-00001
Current status: Unpaid Dividend

http://klse.i3investor.com/servlets/anpth/1151360.jsp
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5074569

Added:

First and Final Dividend (FAVCO) payment date 11/08/2016
Reference No:ENT-27042016-00023
Current status: Unpaid Dividend

http://klse.i3investor.com/servlets/anpth/1151304.jsp
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5074345

My god. My portfolio entry for this year is atrocious. Hahaha.

lol stockmanmy. :D

Just a little bit more........

And he deserves it! Great Job!

Only those without a clear strategy will care about a dip in the price of any counter. If you want to invest in a counter like this, you need to have a longer timeframe and a plan to cut-loss or to average down the stock based on your research.

A long term investor will look at this positively and may add up more positions. A short term investor/speculator may need to cut their losses due to them either having other plan or not much capital to play with.

It depends on your style actually. :)

@Sulcata, that is the reason I only believes the result of my homework. Pity your friends but at least they have learnt their lesson. Hopefully they don't lose that much for that important lesson.

@Sulcata, at least there are more people who are aware of what that sifu advise now. haha

Buying more WE now. I just wish I have more to invest in WE. But Gamuda WE is in my secondary portfolio where I can't take more risk than this. Haha

"If you still insist want to buy, you must aware that I may sell my shares in Poh Huat once price has gone up"

Haha. This is a good disclaimer. Well done.

@stockmanmy, Haha I don't care if he can pay any amount of fines. I want actions to be taken against people like him. At least there is something done by the authorities for Ramsey Koon Bolton here. Haha. Some of his followers deserves the loss as it is their mistake following blindly. I don't like hypocrites like Koon. That's all.

LOL! You are the kid here kid stockmanmy. I never contra and I will never follow anyone's recommendation unless the stock is already in my radar. I only trust my own research and homework. You can still follow your idol Koon if you want. At least from what I see you are following Liihen and FLBHD which are good FA counters. But if you followed his previous counters like Xinquan or Jtiasa, hahaha then you deserves it. :D

Haha @up_down & @pputeh & johnny cash is right. The rules are there to be followed. If one want to make excuse about cannot do the administrative tasks, might as well one make money somewhere else.

There are always people to be conned la Koon. Koon should look at the bright side. Bwahaha

Lol this stockmanmy. Interesting fella. People will grow up once SC rewards Koon for his contribution. :D

@stockmanmy, you are truly loyal Koon supporter. Indeed not all his counters are bad particularly after OTB becomes his advisor. But the question is his action that contradicts what he has communicated. Haha

Too much money indeed Koon. I understand that I have to boast like you if I have that much money. I also must tell the whole world that I do so much charity because why t.h not.

I also should not hire some people to do administration tasks for me because I can just make excuses once people realised I'm not reporting things that I should so that I ensure myself to obey the law.

Haha :p

"In Koon’s case, V.S. Industry had on May 4 announced to Bursa that he had ceased to be a substantial shareholder in the firm after having sold some 44.08 million shares between March 18 and April 11"

@somchik is right. But rather than a few days, it is actually way more than that. A few days is not that bad. haha

@courious2, that is a lame excuse as well. Sorry. If he can't obey the law, then he should not do it at all to start with. The law is the law. Why do you give exception to him? If the majority of the investors can do what they do, surely he can do as well.

And other countries have similar law as this. They also have people trading as often as Koon if not more. Don't they have the same problem? The do have the same problem sometimes. They just quicker to take action and enforcement. This in turns make people like Koon ensure all the necessary documentation done.

What a lame excuse from a self-dubbed "Super Investor". If you can be a Super Investor who milked millions from your naive supporters, you can also hire people to do the administration for you right Koon?

Why there are many other prominent investors can obey the rules then Koon? There is no exception to the law.

Interesting read. Haha

Interesting.

Too bad for those who follows blindly. Like what Pakcik Saham said, some of the recommend counters are good fundementally. Some are even good technically as well previously.

However, being a long teen investor can minimize your risk because even if an irresponsible person with high holdings sell down the counter, you can withstand the short term volatility of the counter.

Wow, somebody created a new account to defend his idol. My question is that is this person has no guts to defend using his main account or is he totally new here or is he on the idol's payroll? Haha

I am an avid reader of KC Chong posts and I think I have read most if not all of his posts. He is a very good person wanting to share knowledge with the people. He gave his explanation using samples of good stocks and not hyping it.

My FA knowledge has also grown substantially reading his posts because he gave detailed explanation and gave situation where I could not have thought about it.

But then there are still few prominent figures who said he is 'stupid'. Can you believe that? I would not call anyone stupid for disagreeing with me because my system and his system is different.

KC have my utmost respect. Hope he is living well in NZ. :D

@GODinvest, why do you think any investor should follow anyone's call? I don't think I want to follow anyone's call. With enough knowledge and research, I can identify my counters myself based on my pre-defined matrix, timeline and strategy. And if someone like me can do it, I believe others can do better than just follow people blindly.

My 2 cents; you don't need to follow anyone in investing your own money. Luckily even when I was first started investing back in the days, I don't follow anyone from the get go. I do make mistakes of course but I learn from it because it was solely my own mistakes.

@soros228, I think I need to correct you a little bit. Ikan bilis who were ignorant and follows blindly kena gao gao. The rest of us like you and me who have done our research and homework is a bit safer from blatant case such as this.

I'm just felt sorry for those newbies. Nevertheless, they should not give up and take this as a lesson for themselves moving forward.

Interesting.

Welcome back! Can you share why you are not angry at i3 admin anymore?

If there is no buy call from him then he could be buying. If there is a buy call, then beware. haha
I don't hold this counter but monitoring it for opportunity.

Well. Somebody with high holdings is selling? Hehe

Thanks ah boon for this article. At least the newbies can beware of this and be more wise. Good job.

You are doing great as you do explain and not just putting an idea through.

Always always always take anyone advise with a truckload of salt. I have read most of the advise given in i3 and I always do my homework and rarely follows any stock's recommendations.

To know their thoughts process its far more important than their stock choices.

I read most of the prominent bloggers in i3. Some have already left i3 years back. Most of them does not contain boast and profanities except one. You know that one by now I think. It is not icon or kc.

Hi Icon8888, I also calculate my portfolio in a yearly basis. I think I can analyse my performance better that way.

Glad to know that you ate still commenting in i3 even of you're not posting articles anymore. Haha