SincereStock

SincereStock | Joined since 2017-05-25

Investing Experience Intermediate
Risk Profile Low

Fundamental Value trader / investor base on PE & PB. Anti technical analysis. targeting undervalue company and hoping for privatization (easiest way to earn money)

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User Comments
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2021-06-17 11:49 | Report Abuse

not yet start invest, plan your cut loss 1st hahaha

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2021-06-17 11:48 | Report Abuse

see all his video, cut loss sia, walao eh, investment everywhere cut loss

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2021-06-17 11:47 | Report Abuse

I see the video I feel funny sia

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2021-06-17 11:47 | Report Abuse

@Alex cut loss pro ka, hahahaha down trend cut loss down trend cut loss, here cut lose there also cut loss

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2021-06-17 08:50 | Report Abuse

just my little suggestion to those who still believe in serba, to change your i3 profile to SERBA LOGO

to show our solidarity

it doesn't mean that we know serba is not guilty, it doesn't mean call buy, but it just show how much are still willing to believe in karim / serba before proven guilty.

it only show that we personally as a group people who still holding serba shares and willing to wait for the outcome of the case review

jus my little suggestion la, up to you guys to follow or not, cheers and gd luck to you all

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2021-06-17 08:03 | Report Abuse

there are many professional analyst there tell us that this case is still under review, and appointing EY as indepenent reviewer is good progress

but many naysayers here keep on insisting that there is already strong evidence to show that Karim is guilty. if there is really strong evidence already, why still need to review this case. KPMG themselves also never say their finding is conclusive, they only say there are irregularities, which they themselves still not sure what is wrong

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2021-06-16 23:56 | Report Abuse

@eddiechai I dont need to be a lawyer to tell you don't try to fitnah other people, I just need to be a human with common moral sense

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2021-06-16 23:49 | Report Abuse

check all my previous comments

I never say "Karim is not guilty"

I only say "I believe Karim is not guilty" and "Karim is not proven to be guilty"

these lines has very different meanings

even KPMG themselves never concluse that "Karim is guilty", they are still accessing the data, so far still no update from them

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2021-06-16 23:45 | Report Abuse

@foker another pemfitnah without any basic proof or reasons

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2021-06-16 23:36 | Report Abuse

also try to understand that not everyone here share the same believe with you, so please stop using conclusive and accusive words, same to all the naysayers here

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2021-06-16 23:34 | Report Abuse

@Eddiechai ok good that you admitted that is only your own strong belief, you can also tell what you believe here, but please don't use conclusive words like "when you know for a (fact) that the captain of the ship is doing something hanky panky and try to outsmart KPMG."

that is a fitnah if the truth is not actually what you believe

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2021-06-16 23:25 | Report Abuse

@moneyfind44 indeed especially when they are investing with the rakyat's money. not only that, retailers also tend to follow their investment, anyhow IF serba is really found to be fraud, epf and kwap also has part of the responsible to take, for losing people's money

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2021-06-16 23:20 | Report Abuse

@Eddiechai how you know that? how you know KPMG is good guy? Karim is bad guy? isn't it that is just your own believe. your believe to KPMG is no any different than any of us who believe in Karim

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2021-06-16 23:16 | Report Abuse

@tomtom all tech companies, you are buying future price that is not yet promised, all is way above NTA, I know that is normal for tech counters, but let's hope that there is no audit or other scandal like serba happen to any of these companies, because the effect can be much worse because there will be no net asset there to support the price

just saying here to you since you mentioned, you won't see me go to those counters' forum to say my opinions there, I am not that bad to try to bring down other's companies that I am not related or interested

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2021-06-16 23:00 | Report Abuse

risk is high, so as the reward, so it just about which side you tend to believe more

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2021-06-16 22:58 | Report Abuse

@Eddiechai3 what you say is not a fact, although many here tend to believe that. Karim is not yet proven to be guilty < this is the fact

no one actually know the truth or the conclusion, so please don't simply accuse someone

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2021-06-16 22:50 | Report Abuse

no only investors will lose money, so many of the the company's employees also will lose job in this pandemic hard time, so let's pray for the best to happen asap

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2021-06-16 22:46 | Report Abuse

domino effect, investors for sure are the victims, so let's hope that this case can settle the good way, so everyone can get back their hard earned money,

there is no need to hope for the fall of these company or celebrate in case if the worst happen, please keep that in mind, have some passion, we all are investors, the best situation is everyone can earn money from our investment

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2021-06-16 22:21 | Report Abuse

@Eddiechai3 so many other companies have better result la this month's QR - MBMR, CHOOBEE, MMCCORP, CANONE, TOMEI, POHKONG, just to name a few

karim's company result can't even live up to it's price before the crash imo as a fundamental investor, I won't even look into this company if not there is huge surprise discount now

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2021-06-16 22:11 | Report Abuse

@taitaiwong you can check out these 2, so far I think is best in my portfolio, beside MMC waiting for privatization exercise only

CHOOBEE cash rich, cash balance more than total liabilities, good EPS / low PE, 50% NTA discount

MBMR cash rich, high EPS + high DY, below NTA, good prospect, many analyst give high TP

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2021-06-16 16:33 | Report Abuse

I tell you all honestly how I think. For those of you that is still holding,

All the price drop now is paper loss, until the conclusion is out, if the conclusion is not favourable, we may lose ALL, but if the conclusion is favourable, then not only we will get back all we loss until now, we might also earn double or more (depends on our respective entry price, for those enter before crash)

You need to consider cut loss now, if you cannot afford to lose all, especially those with borrowed money.

But as for myself, I wait for the result, but will not average down in between, honestly this is only my minor side bet here with the profit from my other counter investment, I usually only interested in fundamental stocks.

invest at your own risk, manage what you afford to lose

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2021-06-16 14:26 | Report Abuse

A patient can always get a 2nd opinon on other doctors. True, and the most important part it the 2nd doctor won't and don't need to take the first doctor opinion as reference, the outcome can either be same or not, as long as it is the 2nd doctor genuine finding all by himself.

That is how you do job if you are someone professional that capable to find own answer without any reference

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2021-06-16 14:20 | Report Abuse

@DickyMe MAS is owned entirely by the Malaysian Government, through sovereign wealth fund, Khazanah Nasional.

it is their own business, what wrong to bail ownself business, the business making loss is not their intend, nothing to do with trustworthyness

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2021-06-16 14:15 | Report Abuse

@joyvest we are not expert, we don't think what EY will conclude, but good that you mentioned that KPMG only cast doubts, so nothing is conclusive up to this point.

One is not guilty until proven otherwise

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2021-06-16 14:11 | Report Abuse

@DickyMe read your previous posts la many of them, accuse certain race for being untrustworthy is one that you yourself admitted and see nothing wrong with it

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2021-06-16 14:08 | Report Abuse

@dickyme it is your choice which side you want to believe, no problem with that. as long as you stop accusing other for being guilty here until it is proven.

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2021-06-16 14:00 | Report Abuse

even KPMG themselves never conclude anything, but naysayers already conclude like they knew everything, fitnah this and that in this public forum

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2021-06-16 13:58 | Report Abuse

@acinanatucer exactly, naysayers here think they know better than experts

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2021-06-16 13:55 | Report Abuse

no magic / conspiracy theory

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2021-06-16 13:54 | Report Abuse

EY is appointed to do independent review, just review and report the outcome la, if the fruit is found to be rotten say rotton, if fresh then say fresh, why make it so complicated.

No need refer to KPMG's answer, EY is caliber enough to find their own answer.

Don't assume you know the asnwer is as you are not on EY caliber

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2021-06-16 13:43 | Report Abuse

@joyvest at this point we just have to assume EY will review without any biase, as their reputation is in stake and they also got no interest conflict

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2021-06-16 13:34 | Report Abuse

@wongchin I no say you, I say those naysayers. Buy call and Sell call also same thing. invest at your own risk. When you are scrolling i3 forum, I am sure you expect to see buy call and sell call everywhere already. you don't ask people to stop doing that at investment forum.

invest at own risk, just remember that

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2021-06-16 13:29 | Report Abuse

@DickyMe cannot even provide a legit reason, lmao what sun rise sun set

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2021-06-16 13:26 | Report Abuse

no I won't leave as long as I am still holding serba shares. You can stay too if you like, but I just wonder why you like to stay here, mind to tell me?

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2021-06-16 13:24 | Report Abuse

read chart only for TA guy, not everyone here is TA guy ok? but as for "No need to be racist, accusing Karim and the gang, no need accusing KPMG or EY lah." this part I agree

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2021-06-16 13:23 | Report Abuse

DickyMe if your trust is gone, then you should leave this counter, staying here for what? waiting to collect at bottom or enjoy seeing people lose money?

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2021-06-16 13:19 | Report Abuse

You can conclude anything for your own investment, but when u accuse someone for being guilty at public forum without proof, then that is fitnah, no more no less

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2021-06-16 13:13 | Report Abuse

the company is not trust deficit until proven to be guilty, how many times this need to be repeated

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2021-06-16 13:11 | Report Abuse

@wongchin invest at own risk la, you see those naysayers accuse karim for being guilty without proof, bukan buta2 ka?

at least so far I did not see any supporters conclude that Karim is not guilty, we only say we believe in karim, that is personal views, we also gave many explanation why to believe him, but most importantly at the end we did not conclude that he is not guilty. so it is up to you which side you want to believe. we don't need to apologize if it is proven that we are wrong, we are just defending someone who are not proven guilty.

but as for naysayers, if karim is proven to be non guilty, karma will come to them for fitnah

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2021-06-16 12:57 | Report Abuse

@DickyMe ops I forgot you are TA guy, no point talking NTA to you

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2021-06-16 12:55 | Report Abuse

@DickyMe tell that to Warren Buffett

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2021-06-16 12:46 | Report Abuse

AA is negative NTA. Enough said.

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2021-06-16 12:43 | Report Abuse

untrustworthy can only happen to certain individuals, irrelevant of their respective race or group

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2021-06-16 12:43 | Report Abuse

@DickyMe no race is untrustworthy as a whole, that is fact, racist

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2021-06-16 12:39 | Report Abuse

@DickyMe how about race? you are accusing certain race as a whole for being non trustworthy

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2021-06-16 12:31 | Report Abuse

it isn't about who are you replying to, you are talking at a public forum

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2021-06-16 12:31 | Report Abuse

@DickyMe yes I know who you reply, but read what you said, you are accusing certain race and gov for being non trustworthy, everyone can intrepret that, you cant simply deny

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2021-06-16 12:27 | Report Abuse

@DickyMe now try to accuse certain race and gov for being non trustworthy? becareful of what you say