In my opinion, this guy has some serious attitude and behavior problem, maybe he is autism kid. If he is autism i wouldnt blame him, but based on his England i believe he is not a kid with autism.
............

autism is over specialization on certain parts of the brain and lacking on the other

After seeing Jon on i3 day presentation, i actually felt more convinced on the above - his facial expression lacks emotion and ease in expressing / understanding emotions..a common autism symptom.

AI and VR is indeed the future...whether you like it or not.

China population = ??

Managing Director of MYEG, TS Wong said: “We believe that schools in the future will extensively deploy AR systems to enhance the learning experience. In this regard, we are excited to work with the leading AR Education systems provider, leaders in the AI sector like iFlytek and leaders in the education sector like Tsinghua Group to shape the classrooms of tomorrow."

Looks like Chinese & Philippine investors are mopping up the shares.

The investment in Jingle Magic marks the second of its kind by MYEG in a China-based company in the AR/VR/AI space, following last year's
investment in a 3.125% interest in Guangzhou-based Ximmerse.

These investments form part of MYEG's overall strategy to continue tapping into disruptive technologies with commercial value for the Group and that have the potential to bring far-reaching benefits to society.
Managing Director of MYEG, TS Wong said: “We believe that schools in the future will extensively deploy AR systems to enhance the learning experience. In this regard, we are excited to work with the leading AR Education systems provider, leaders in the AI sector like iFlytek and leaders in the education sector like Tsinghua Group to shape the classrooms of tomorrow."

MYEG Capital is the venture investment arm of MYEG. Besides investments in AR/VR/AI space, its portfolio includes a diverse variety of technology businesses including FashionValet, Agmo Studio, and
Stampede Solutions

Post removed.Why?

enlightened wisemen leh...

he knows the self deceiving mind of others more than they do... to admit bitter truth..he he

Posted by Tongkarat > Apr 1, 2019 11:28 PM | Report Abuse

Dragonslayer is :

The most likeable person
Very humorous and entertaining
Very nice and humble person
Very knowledgeable
Very friendly

The best in i3....

Sarawak’s O&G to benefit from increasing work visibility

POSTED ON MARCH 28, 2019, THURSDAY

https://www.theborneopost.com/2019/03/28/sarawaks-og-to-benefit-from-increasing-work-visibility/

However, a few names have popped out on our radar with relatively high short-term shortfalls including Icon Offshore Bhd, PN17’s Perisai Petroleum Teknologi Bhd and Sarawakian Perdana Petroleum Bhd.

“For exposure, we continue to favour the petrochemical space such as Petronas Chemicals Group Bhd (Petronas Chemicals) and maintenance players such as Sarakian Serba Dinamik Holdings Bhd (Serba Dinamik).

“Both have visible catalysts with the PIC project expected to increase current capacity by 14 per cent for Petronas Chemicals, while the record high orderbook at RM8.3 billion will continue to drive Serba Dinamik’s earnings growth in 2019.

“We also like Velesto Energy Bhd on a 12-month basis, although investors may want to consider taking profits ahead of expected lacklustre 1Q19E results, but nevertheless we are still optimistic on its outlook with jack-up rig demand expected to double in 2019.

“The HuCC/MCM players are also a preferred exposure in the O&G space this year on the back of recovering work visibility – with potential beneficiaries including Carimin Petroleum Bhd, Dayang Enterprise Holdings Bhd, and Petra Energy Bhd.

“Based on our ground checks, offshore support vessels (OSVs) are seeing a slight recovery in charter rates; however, we also noted that more OSVs are slowly being rolled out after being previously cold stacked.”

Sarawak’s O&G to benefit from increasing work visibility
POSTED ON MARCH 28, 2019, THURSDAY

https://www.theborneopost.com/2019/03/28/sarawaks-og-to-benefit-from-increasing-work-visibility/

However, a few names have popped out on our radar with relatively high short-term shortfalls including Icon Offshore Bhd, PN17’s Perisai Petroleum Teknologi Bhd and Sarawakian Perdana Petroleum Bhd.

“For exposure, we continue to favour the petrochemical space such as Petronas Chemicals Group Bhd (Petronas Chemicals) and maintenance players such as Sarakian Serba Dinamik Holdings Bhd (Serba Dinamik).

“Both have visible catalysts with the PIC project expected to increase current capacity by 14 per cent for Petronas Chemicals, while the record high orderbook at RM8.3 billion will continue to drive Serba Dinamik’s earnings growth in 2019.

“We also like Velesto Energy Bhd on a 12-month basis, although investors may want to consider taking profits ahead of expected lacklustre 1Q19E results, but nevertheless we are still optimistic on its outlook with jack-up rig demand expected to double in 2019.

“The HuCC/MCM players are also a preferred exposure in the O&G space this year on the back of recovering work visibility – with potential beneficiaries including Carimin Petroleum Bhd, Dayang Enterprise Holdings Bhd, and Petra Energy Bhd.

“Based on our ground checks, offshore support vessels (OSVs) are seeing a slight recovery in charter rates; however, we also noted that more OSVs are slowly being rolled out after being previously cold stacked.”

I like this confidence..

Punter, could you also add the thesis for investing on these....

curious on Econbhd

paperplane made even raider speechless now

myeg is a gem - blockchain is picking up

https://www.theedgemarkets.com/article/my-say-make-my-palm-oil-great-brand

As a result, olive oil is one of the most adulterated food products in the world. In 1981, more than 600 people died in an epidemic that spread across Spain. “Olive oil”, adulterated with industrial colza oil (from rapeseed), was blamed. In 2016, The New York Times warned, “Much of the extra-virgin Italian olive oil on the market is not Italian or virgin.”

To protect this high-value oil from fraud, Spain is introducing blockchain technology to trace all stages of extra virgin olive oil production and distribution.
...................

hmm..interesting corrective action...

low interest rate encourages money flow from bank to equity..and spending....it acts as a stimulus..

but has weakening effect on currency if economy does not grow in line....

high interest rate has the opposite effect...it scoops money back to the banks..

it can strengthen the currency if growth in economy is still high with a high interest rate...


guess the currency is like the rope between equity market and banks...

something like playing kites i guess..you cant pull or let go too much

to maintain the currency strength against world / USD




Posted by Icon8888 > Mar 30, 2019 5:00 PM | Report Abuse

1998 won't happen so easily anymore

It was so terrifying because wrong policy was adopted to cure the economic illness - The kwailos taught us to raise interest rate during economic downturn

When Mahathir finally realised the mistake and reversed course to cut interest rate (after pegging RM), things started normalising

https://tradingeconomics.com/malaysia/gdp

https://tradingeconomics.com/malaysia/external-debt

https://en.wikipedia.org/wiki/1997_Asian_financial_crisis

this 98 crisis was initially started due to high debt to GDP ratio of Thailand right? Does it mean Malaysia still has a high risk due to its high debt and worsening regional market due to trade-war?

Imagine... from having USD 3 billion and dying a bankrupt. God is great...allahu akbar..

My Say: Make MY palm oil a great brand

Qua Kiat Seng/The Edge Malaysia

March 30, 2019 11:30 am +08

https://www.theedgemarkets.com/article/my-say-make-my-palm-oil-great-brand

My Say: Make MY palm oil a great brand

Qua Kiat Seng/The Edge Malaysia

March 30, 2019 11:30 am +08

https://www.theedgemarkets.com/article/my-say-make-my-palm-oil-great-brand

Ex-banker was spending his time almost like a father to a child to share 'priceless knowledge'.....(felt bad when Jon wrote justifying 1K for the hours spent)

Thanks to the super humble Ex-Banker
(makes great sense to look for humble management - as it reflects deep knowledge & experience, prudence on managing return)

and thanks to 'not so humble yet' Jon for sharing this...

lol!

Posted by Fortune Bull > Mar 29, 2019 3:41 PM | Report Abuse

Now the education minister priorities are to make sure schoolgoers wear black shoes, building swimmin pools and now going cashless to all school canteens! Good job dummy!

your country currency is just like the shares of the company...

just like companies issue bonus shares as per the growing value of the business...to maintain the same price per share..

central bank print money to prevent deflation or inflation

difference is Central Bank is obliged to do it...but its optional for listed company (cause of share price rise)

Posted by Heavenly PUNTER > Mar 29, 2019 1:59 PM | Report Abuse

It's just like buying USD when the exchange rate is USD 3 to MYR 1, compared to now. You know how it goes

exactly - its a composite of all businesses

Posted by Heavenly PUNTER > Mar 29, 2019 1:58 PM | Report Abuse

Philip don't forget Time is the friend of a wonderful company, the enemy of the mediocre. Not sure if we are even mediocre now, patience when applied wrongly can be disastrous. Look at Sapura Energy, from RM 4 to now barely 35 cents. This concept can be applied to countries as well, afterall countries are just companies operating on a larger scale and more complex structures.

his post telling there will be no more posts for a while

Dayang: I should not worry about its daily price movement

ByKoon Yew YinPosted on March 28, 2019

As you know, I have posted a few buy recommendations on Dayang and I have already used up all my money to buy it. I don’t have any more money to buy. I should not worry about its daily price movement. The closing price for today was Rm 1.38 with only 17 million shares transacted which is a healthy sign. It means that the rich institutional investors could not buy many shares at cheaper prices.

As soon as they rush to buy more aggressively, the price will shoot higher. I believe it will go higher and higher and reach my target price of Rm 3.00 sooner or later.

It is useless to worry about its daily price movement. If it drops a few sen, I don’t have money to buy and if goes up a few sen, I am not going to sell. In any case, whether it drops or goes up it does not matter to me.

I am planning to go to UK to spend time with my children and grandchildren.

............................

uncle is very confident and relaxed....

lucky grandchildren and lucky grandpa!

cooperation - teamwork , transparency and fairness matters a lot to motivate competent workforce from leaving the country...

race, religion game will bring you back to the 3rd world...

fundamental root cause..has to do with our education system

we are not nurturing competence, creativity, openness, cooperation....

Posted by (Clark GKent) Philip > Mar 29, 2019 1:42 PM | Report Abuse

Just as in investing you don't build wealth in a month or 3, I think it will take years to pull ourselves out of the mess that is bn government since Independence. It will take time, but it will happen.

Patience is the key.

agree, but we still have to voice...as a feedback loop for corrective actions

Posted by Sslee > Mar 29, 2019 1:36 PM | Report Abuse

Dear all,
Be careful of what you wish for. A government of UMNO+ PAS is a government of racist, bigot and religion extremist. What choice do we have now?

PH overpromised and under delivered that is the un-denied fact and many of our Ministers/MB are pure incompetent and playing the same racial and religion card of UMNO+PAS.
But if Malaysians gave up as easily as that, we would never have achieved the success of May 9, 2018. Our work of rebuilding Malaysia is only half-finished. Democracy/rebuilding is not accomplished as soon as the election is over.

We still have a lot of work to do to unite Malaysians and to move past racism and religious intolerance. Giving up now because of Tun Mahathir stubbornness who is in a hurry but who has to work with past legacy, inexperience or totally incompetent cabinet ministers, internal backstabbing and external big foreign force at play (US-China-EU) is show a lack of moral fibre and understanding of the many complexity of works need to be done. Please give Tun Mahathir two years and then see what DSAI can do.

Thank you

Firstly you need to ask:

is Malaysian GDP per capita good against others?

If yes, then secondly,

is the wealth distribution in the country fairly OK?


If the former itself is already bad, the latter cant help much also
....................................................................

i.e, no point lamenting on low salary....when the country is in deep-shit

instead of making comparison based on salary ( a number), we should talk about the consumption power of current working class - as it gives better idea on their 'value' generation power

to say their consumption power is good or bad..you would need to compare yourself against others..say neighbouring countries..or the average of the world

Its like what is your ROIC against WACC? its exactly the same concept of 'çompetitive edge' of a business-or 'market value addition' of stocks

.............................

as such it all boils down to Malaysia's competitive edge against others...and fair distribution of wealth

those days we had natural resources to help (without much skills)...rubber, tin, then it was palm oil, we still have petroleum...

this was the edge we had against philippines, thailand..

despite not having these, singapore was forced to invest on competency of their workforce (skills) against others in providing services...

we have reasonable edge in providing technology based products & services against neighbouring countries now..you may probably say their pay scale is good

so, if one day you lose these edge...you can easily end up like venezuela...

the country has to constantly sharpen's its edge. i,e workforce skills...if you dont have natural resources to help

clearly IB was having Koon in mind when they wrote the TP...it was not an unbiased analysis at all..

well said pjseow

Posted by pjseow > Mar 27, 2019 8:56 PM | Report Abuse

If Kenanga felt that the Q4 result cannot be sustained , why upgrade the target price ? Why Kenanga only focus on Q4 result and upcoming Q1 19 rather than the whole of 2018 and the whole of 2019 outlook ? The Q3 2018 revenue is almost the same as Q4 revenue . If Q4 revenue which consist of only lump sum revenue without the normal schedule rates , what about Q3 revenue which consist of both normal schedule rates of 127 million plus lump sum of 111 millions . Is this Q3 revenue which is " normal " sustainable ? IF Kenanga feel that Q1 2019 will have a more normalised revenue , then they should expect a RM 127 million schedule rate revenue in Q1 plus may be half of Q4 RM 269 million ( fair estimate ) lump sum . With such normalised revenues respectively , its Q1 total revenue will still be more than 300 million assuming the other marine charter revenue to be 50 million . Kenanga only state that the Q4 lump sum revenue is not sustainable , it did not mention the schedule rate and marine charter revenue is not sustainable . The way kenanga summarise its report give many an impression that Q1 2019 revenue will be much worsed than Q4 2018 without articulating why Q4 has zero schedule rate revenue which is abnormal and also assume that Q1 will also have zero schedule rate revenue which is totally abnormal and illogical .

clearly IB was having Koon in mind when they wrote the TP...it was not an unbiased analysis..

well said pjseow

Posted by pjseow > Mar 27, 2019 8:56 PM | Report Abuse

If Kenanga felt that the Q4 result cannot be sustained , why upgrade the target price ? Why Kenanga only focus on Q4 result and upcoming Q1 19 rather than the whole of 2018 and the whole of 2019 outlook ? The Q3 2018 revenue is almost the same as Q4 revenue . If Q4 revenue which consist of only lump sum revenue without the normal schedule rates , what about Q3 revenue which consist of both normal schedule rates of 127 million plus lump sum of 111 millions . Is this Q3 revenue which is " normal " sustainable ? IF Kenanga feel that Q1 2019 will have a more normalised revenue , then they should expect a RM 127 million schedule rate revenue in Q1 plus may be half of Q4 RM 269 million ( fair estimate ) lump sum . With such normalised revenues respectively , its Q1 total revenue will still be more than 300 million assuming the other marine charter revenue to be 50 million . Kenanga only state that the Q4 lump sum revenue is not sustainable , it did not mention the schedule rate and marine charter revenue is not sustainable . The way kenanga summarise its report give many an impression that Q1 2019 revenue will be much worsed than Q4 2018 without articulating why Q4 has zero schedule rate revenue which is abnormal and also assume that Q1 will also have zero schedule rate revenue which is totally abnormal and illogical .

well said.

Whether Koon wants to push it up or not....very likely it will be flying high by itself by the time the next qtr results are out

just another 7 weeks

Fortune, u mean Koon will not give up and prove that his TP will come true?

Guess he wont let it go at least till 2.20 plus...

Big slap on the face of IB

Posted by Fortune Bull > Mar 27, 2019 7:45 PM | Report Abuse

Hihihaha! The photo of roaster really sum up the alpha male ego here! You know, a roaster will showoff how 'big' it is even to human observer! It will even fight to the death with another alpha roaster! Which sum up my stock god ego, bigger than a roaster!

Herbert, layhong management team can't even spell english words correctly...you think they come to i3 and read your blog meh?

all their investors are the retired ah soh and ah pek..speculated through words of mouth ma..

Lay Hong's quarter results have so much spelling errors. In Q1'2019 results, simple mistakes such as:

- "progressingly" is spelt as "progreesingly"

- JV partners name is spelt as "NH Food Ltd" which should be "NH Foods Ltd"

- "calendar" is spelt as "calender"

......................

i have been telling all the while...there can be no superinvestor sharper that HerbertChua to notice all these...

this is trading company...buy p.kernel, process and sell the oil extracted...

volatility of price and timing of raw mat purchase and product sales...makes all the difference

not worth it to chase

from now onwards its one way...up

I will declare which i have after seeing which one shoot up tomorrow

Tongkarat still on vacation?

wait till 4 pm...

limit up today

totally agree with you Herbert

you are the next stockgod

if say the average hit rate of the TP or the direction of price movement over time enable one to make a return at cost of equity (whether via downgrade or upgrade TP)....

then perhaps IB have a little more credibility compared to Koon's magic formula in terms of providing better return rate

Perhaps - an analysis of 5 pages cannot match the evidence produced by a recent spike in earnings on the immediate future direction of the business / stock price

Let me enlighten a little:

perhaps even IB analysis is actually TCO "Talk Cock analysis'

why?
......

Tell me how many stock actually achieve the TP given by IB?

what is the odds - probability hitting it on average?

10%?

what makes us believe IB are not talking cock

everything appears to be more like 'rubbing cock' to ejaculate the stocks.....

thats all there is especially in Bursa

agreed

in 7 weeks if profit comes true..operator has to push

use avg of q3 and q4 taking out one off (not even accounting carryover of 120 M)

7 cents/qtr x 4 = 28 cents....

time bomb (easily predictable Q1 2019)

7 weeks to go to retire from working in office

duit, by the way...dragon had done extensive voting valuation to conclude that i3 wants Koon to stay - almost unanimously

i have seen many pray to god for the sake of money...

but using god for stock market is totally disgusting...

this i totally agree...well said

Posted by 如鱼得水 > Mar 25, 2019 9:45 PM | Report Abuse

KYY is not that disgusting then CalvinT,

that bodoh kept hard sell throughout the whole i3

to draw newbies to Holland..