Sslee

Sslee | Joined since 2016-08-31

Investing Experience Beginner
Risk Profile Moderate

Emotional Introvert Most defining characteristics: You are sensitive, melancholic and a perfectionist. You are a very emotional, caring and dedicated person. You believe that there is a bigger picture in life, one that we can’t really see, but we can feel. You are very compassionate, strong minded

Followers

69

Following

0

Blog Posts

232

Threads

4,457

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,457
Past 30 days
366
Past 7 days
111
Today
2

User Comments
News & Blogs

4 minutes ago | Report Abuse

I still keep some of my Insas because I believe one fine day I should be able to sell my Insas at my TP of RM 1.50

News & Blogs

15 minutes ago | Report Abuse

2018 is the year I attended Insas AGM where I reason with Dato Sri Thong controlling shareholder CEO for hours that a 1 sen dividend is unreasonable, unfair and unacceptable. Dato Dr. Tan try to come to Dato' Sri Thong rescue and that cost him many vote against his reelection as director.
Note: Dato Dr. Tan aguement is if you want dividend then invest in Inari. On hindsight I should have listen to his advise.

The next year new CEO Dato' Wong increase the dividend to 2 sen and ever since then every AGM I reasons with Dato Wing to increase the dividend.

General

20 hours ago | Report Abuse

I hold a small position in MHC for dividend and also I like their plantation estate in perak and sandakan book valued at about RM 10K per hectare.

General

20 hours ago | Report Abuse

I am hoping Jayatiasa, OSK, Pantech and Yinson will give me a good dividend and maybe become my multibaggers in my portfolio.

Meanwhile I will collect back Insas when the price is right.

General

21 hours ago | Report Abuse

Anyway I did not cut lose as I report to SC and Bursa on the miscounduct of BOD lying thro' their teeth in answering shareholders questions, external auditors not doing their jobs in auditing and verification of bank deposits, impairment of receivables and rejected goods.

Later I approach KYY to make a requisition for an EGM to appoint new external auditor for a forensic audit. Alas before we can submit our EGM request the China man BOD just purposely get Xingquan delist by not submitting quarterly report and not responding to SC and Bursa repeat warning.

So is SC and Bursa doing their job to protect shareholders interest?
I learn my hard lesson.

General

22 hours ago | Report Abuse

Mike-tikus bottom fishing Jaks at 19 floor thinking it is the bottom floor.
I was thinking bottom fishing way below Xingquan RI price of 30 sen should be a safe bet.
Mana tahu get my hand burnt hagus.

Stock
General

1 day ago | Report Abuse

By the way I start to invest in high growth, high debt and high ROE Yinson.

Will accumulate month by month and hopefully by end 2024 when two of Yinson newly assets FPSO hit first oil the earning will pour in.

General

1 day ago | Report Abuse

If you only used forward earning or EBITDA multiple or ROE to value a company then a high debt or even negative equity company like CapA will come out on top.

Insas after back door listing (RTO) of M&A now only have money lending Insas credit and leasing.

Insas is an investment holding company with billion in cash and billion in Inari holding alone. Then why people don't value Insas on NAV like icapital? Know what is the ROE of icapital?

General

1 day ago | Report Abuse

I lost 50% of my capital on xingquan thinking I can depend on Bursa SC to protect my interest. How naive I was then.

Nowadays if I smell something is not right I am the first to run fast fast.

General

1 day ago | Report Abuse

My point is not whether Fisher or Benjamin Graham a better investor but market can be inefficient or depressed longer than you can remain patience/solvent.

So just invest with your spare money and make some money with whatever method that suit you.

But just remember do not lose your 50% capital no matter how good that stock can be.

Stock

1 day ago | Report Abuse

No.
So far I only used one (1) ID, unlike dumbass Mike-tikus so many ID.

Stock

1 day ago | Report Abuse

The U.S. Federal Reserve will set interest rates again on May 1. Fixed income markets expect that rates will remain at 5.25% to 5.5%, as they have been since last July. Nonetheless, summer rate cuts are expected.

Stock

1 day ago | Report Abuse

Stony wish list for 2024:
Positive outlook on macro indicators
○ Anticipated downward trajectory of brent Crude Oil Price, with prices estimated to reach as low as USD78 per barrel in 2024
○ Expected strengthening of MYR against US Dollar, with an estimated closure at RM4.20-RM4.40/USD by year-end.
○ Market expectations of further interest rate cuts in 2024, advantageous given that 70% of costs are denominated in US dollars.

Q1 end 31/3/2024 almost come to the end.
Stony 2024 wishes will not be granted.

At current USD to MYR exchange rate, high Brent crude oil and no USD interest rate cut will Q1 ended 31/3/2024 another lose making quarter?

Stock

1 day ago | Report Abuse

By the way did the BOD act in good faith or at the best interest of AAX and sharehoders when they signed the agreement to allow BrandAA/ CAPI to charge AAX 0.5% royalty fee and Thai AAX 1.5% loyalty fee?

Stock

1 day ago | Report Abuse

I wonder will AAX BOD dare to go ahead with the take over of capA aviation business (assets and liabilities) that will cause AAX to fall back into PN17 and need another round of debts restructure, capital reduction and share consolidation?

News & Blogs

1 day ago | Report Abuse

Section 506 of the Penal Code (which is related to criminal intimidation).
Just because of an emotional old man kopitiam outburst talk on Akmal. Polis is now act so fast to make arrest and investigate the poor old man under section 506.

So had the old man make a direct verbal or written threat? Can't we different a kopitiam outburst talk and a criminal intimidation?

So far any Polis action to arrest the vigilantes under section 506 of the Penal Code (which is related to criminal intimidation)?

Vigilantes intimidate two men into confessing
Two other ugly incidents occurred earlier as a consequence of the socks controversy.

A video was circulated which showed a group of men intimidating Chiok Wai Loong and forcing him to confess to comments he made online about the socks controversy which were deemed to have insulted Islam.

Reports said another man, Ricky Shane Cagampang, was also allegedly intimidated and forced to confess to “offensive” remarks he had made online

Stock

1 day ago | Report Abuse

Aiyoyo Mike-tikus do not know what it mean by share of profit from associate company JHDP and Dividend received from associate company JHDP.


1.) Where is the Money From ???
Note : From 2020 to December 2023 >
Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million
Grand Total = RM 529.089 Million


So Mike-tikus mind calculate from 2020 to Dec 2023 Insas share of profit from associate company Inari and dividend received from inari?
And Grand total?

Stock

1 day ago | Report Abuse

Petrochemical industries in Europe is facing challenge of lifetime due to escalation cost in EU and cheaper China Petrochemical coming into market.

Pchem is only profitable due to Petronas support of cheaper NG cost.

Stock

1 day ago | Report Abuse

Welcome EngineeringProfit to Insas club.

Stock

1 day ago | Report Abuse

Dumbass Mike-tikus is so dumb and can't even understand basic accounting.

He even use his other ID trying his conjob/conmath in capA forum:
Stony must be rolling on the floor laughing non-stop

OleOleOle New out of PN17 option without selling AA Aviation business to AAX:
Action 1:
Assume excess valuation for each plane of US$3.8mil. Or may be higher! LOL
Total 219 air planes yield excess value gain of RM3,821mil (1US$ to RM4.5915)

Action 2:
Don't give free CAPI shares to CapA investors, but instead use it to double the goodwill from US listing.
Goodwill RM2.36 bil to RM4.72 bil.

Action 3:
Make agressive profit target for 2024: RM2 bil net profit after tax. LOL

Action 4:
Stop buying new planes for one year. LOL

To get out of PN17:
Total Equity Deficit = - 10,469.5 mil (RM)
Valuation gain = 3,821.0 mil (RM)
US Listing Goodwill = 4,720.0 mil (RM) [Note: No free CAPI share to CapA investors.]
2024 Profit target = 2,000.0 mil (RM)
--------------------------------------------------------------
Net Cap-A Equity = 71.5 mil (RM)
== 1.7c NAPS
15/03/2024 1:31 AM

Stock

1 day ago | Report Abuse

Dumbass Mike-tikus below how M&A report its Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income for the Quarter Ended 31 December 2023.
So go and figure out how Insas consolidate the M&A account ? And what are Other Operating Expense RM (12,173,000) and Other Operating Income RM 5,728,000 ?

Quarter Ended
31/12/2023
RM'000
Revenue 13,173
Cost of Sales 3
Other Operating Expense (12,173)
Other Operating Income 5,728
Profit from Operations 6,731

General

2 days ago | Report Abuse

In i3 some dumbass appointed themselve as vigilators, policing i3forum and label people with different opiniins to his as conman, insult and red flag other people post to silence them.

News & Blogs

2 days ago | Report Abuse

https://focusmalaysia.my/sarawakians-told-to-rally-behind-kk-super-mart-to-save-the-states-pride-from-going-belly-up/

SARAWAK has lost all her local banks after a policy to have the banks merged with bigger banks.


Now Sarawak pride on the success of 24-hour convenience store chain KK Super Mart founded by Sarawakian Datuk Seri KK Chai. With the recent uproar on the few pair of socks said to have the ALLAH inscription on them, some politicians and activists are bent to see KK Super Mart be closed down.

Since KK Super Mart which has 881 outlets across Malaysia is a business founded by a Sarawakian, Parti Bumi Kenyalang urges the Sarawak state government to intervene to ensure that the current controversy would not ruin KK Super Mart.

Being a Sarawak-based company, the state government must see to it that KK Super Mart is supported by the Sarawak state government to spread its influence on Peninsula Malaysia.

As Sarawak has lost her local banks in the past, the state should not further lose KK Super Mart which is its “business ambassador”.

News & Blogs

2 days ago | Report Abuse

It already in BBC, CNA, Washington post, South China Morning post, Jakata Globe and etc
BBC
https://www.bbc.co.uk › news › w...
Malaysian convenience store owner charged over 'Allah socks'
6 hours ago — KK Super Mart and their Malaysian supplier, Xin Jian Chang, had apologised. The store also took them off the shelves. But the controversy.......

Stock

2 days ago | Report Abuse

Investment Holdings: We are upbeat on YTLPOWR’s 500MW Green Data Centre project. Of note, its phase I 48MW IT Load Hyperscale Data Centre already has Sea Limited as its anchor (taking up 32MW). The Data centre is expected to contribute to earnings by 4QFY24. Overall, we do not expect data centre contribution to be significant yet in the near term but will be an important earnings driver once scaled up

Stock

2 days ago | Report Abuse

According to a presentation by SingTel on Aug 23 this year, its Digital Infrastructure Co under which the RDC business is parked, recorded revenue of $72 million, and ebitda of $44 million in 1QFY2024 for the three months ended June, compared to revenue of $273 million and ebitda of $172 million in FY2023.

KKR’s purchase price of $1.1 billion for a 20% stake in SingTel’s RDC, translates into an enterprise value (EV) of $5.5 billion, and an historic EV/Ebitda multiple of 32x for the Digital Infrastructure Co. According to the presentation, 62MW is online, with plans to develop around 200MW. Hence, some analysts read it as KKR acquiring 31% of the RDC business for $1.1 billion.

Based on the Aug 23 presentation, in 1QFY2024, the utilisation rate for 62MW in Singapore was 99%. The revenue mix is a “balanced” mix from hyperscalers and enterprises.

News & Blogs

2 days ago | Report Abuse

Later the local supplier will also file lawsuit against China supplier.
So where will it end?

Stock

2 days ago | Report Abuse

Collect Yinson only on the dip once news of first oil FPSO Maria Quiteria by 4QFY25 and FPSO Atlanta by 3QFY25, Yinson price should go up.

Stock

2 days ago | Report Abuse

It like building a power plant during contruction period you can claim contruction profit but no cash flow because of capital outlay.

Only after COD or for FPSO first oil then lease rental come it that should take care of loan principal and interest payment plus profit that contribute to positive cash flow.

YINSON FY25 is from 31 Jan 2024 to 31 Jan 2025.
Hence
3QFY2025 is 1st july 24 to 31 Oct 2024
4QFY2025 is 1st Nov 24 to 31 Jan 2025.

Posted Date: 21 Mar, 2024
Yinson Production’s FPSO Atlanta set sail to Brazil today, marking the successful completion of the project execution phase, and is expected to arrive in the Atlanta field in the Santos Basin offshore Brazil during the second quarter 2024. The sail away follows the grand naming ceremony that was held for the FPSO in December 2023.

Stock

2 days ago | Report Abuse

See see look look say he invested 50% in valued dividend stocks and 50% high risk high reward stocks.

So far he already trapped himself in jaks, capA and Hengyuan.

Stock

2 days ago | Report Abuse

Knowing TheContrarian, he had been doing that not just for Insas but many of the undervalued stocks in Bursa.

Stock

2 days ago | Report Abuse

Key takeaways from YINSON’s results briefing are:-

1. YINSON guided for first oil from FPSO Maria Quiteria by 4QFY25 and FPSO Atlanta by 3QFY25. FPSO Agogo is slated to start operations in FY27.

2. FPSO Agogo achieved a 50% completion rate in 4QFY24, doubling its progress from 25% in 3QFY24, keeping it on track for its scheduled delivery.

Stock

2 days ago | Report Abuse

Yinson can't afford to give good dividend for next 3-5 years because cash is needed to expand business and paying bank interest.

I only hold a small position in Yinson. Sold my Armada to buy Yinson.
Armada Kraken lease rental will be reduced by 70% from April 2025. Fixed lease expired and option lease is 70% of fixed lease

Stock

2 days ago | Report Abuse

YES csn't even compete with local telco. Do you think Ytlpower Data center can compete with many MNC companies data center?

Stock

2 days ago | Report Abuse

As I said before jaks having cashflow problem till 2030.
So jaks price stay depressed till 2030.

Jaks need many more RI or PP from 2026 till 2030.
Jaks will not have money or access to bank facilities to undertake any new projects.

Stock

3 days ago | Report Abuse

Repost from 3iii blog:
Posted by Sslee > Mar 26, 2024 8:32 AM | Report Abuse X

Common Stocks and Uncommon Profit.
Do you know Insas growth it NAPS 30/6/2014 RM 1.728 to 30/6/2023 RM3.375 a CAGR of 7.72%
But the NAPS growth did not reflect into its share price.
Why?? Inefficient of market?

But even then people like TheContrarian still can make a 4 fold gain.
My question isn't TheContrarian method qualified him as the true method on turning Common Stocks into Uncommon Profit?
So why you insist Fisher method is the only right method?

If you buy 10,000 shares at 60 sen, sells all at RM1.10 your original RM6,000 becomes RM11,000 and with that amount you can later buy back say, 15,000 shares at around 70 sen. Then sell the 15,000 shares at RM1.20 to get RM18,000. Later when price drops back to say, 80 sen, you can buy 22,500 shares. And after selling off 22,500 shares at say, average price of RM1.30 you realised a total of RM29,250 , that's a gain of RM23,250 from your initial cost of investment of RM6,000 , almost 4 fold gain

General

3 days ago | Report Abuse

Common Stocks and Uncommon Profit.
Do you know Insas growth it NAPS 30/6/2014 RM 1.728 to 30/6/2023 RM3.375 a CAGR of 7.72%
But the NAPS growth did not reflect into its share price.
Why?? Inefficient of market?

But even then people like TheContrarian still can make a 4 fold gain.
My question isn't TheContrarian method qualified him as the true method on turning Common Stocks into Uncommon Profit?
So why you insist Fisher method is the only right method?

If you buy 10,000 shares at 60 sen, sells all at RM1.10 your original RM6,000 becomes RM11,000 and with that amount you can later buy back say, 15,000 shares at around 70 sen. Then sell the 15,000 shares at RM1.20 to get RM18,000. Later when price drops back to say, 80 sen, you can buy 22,500 shares. And after selling off 22,500 shares at say, average price of RM1.30 you realised a total of RM29,250 , that's a gain of RM23,250 from your initial cost of investment of RM6,000 , almost 4 fold gain

Stock

3 days ago | Report Abuse

Will top up Insas again at year end or if Insas fall below 90 sen.

Stock

3 days ago | Report Abuse

Today sold some prestar and top up MSC. MSC 7 sen dividend coming and next quarter result should be better due to increase tin price.

Come May will start accumulate some Petronm for the dividend of 23 sen.

Stock

3 days ago | Report Abuse

By the way the cash in my trading account is from my Insas sold down.

Stock

3 days ago | Report Abuse

Jayatiasa already pare down debts and in net cash positive.
Start paying dividend. Dividend pilicy payout not less than 20% of PAT.

6 months end 31/12/2023:
Net cash flows from operating activities RM 228,370,000

JAYA TIASA HOLDINGS BHD MAIN : Plantations
Last Price Today's Change Day's Range Trading Volume
1.37 +0.02 (1.48%) 1.33 - 1.37 6,044,800
Market Cap: 1,334 Million
NOSH: 974 Million
Avg Volume (4 weeks): 7,625,142
4 Weeks Range: 1.13 - 1.53
4 Weeks Price Volatility (%): 60.00%
52 Weeks Range: 0.605 - 1.53
52 Weeks Price Volatility (%): 82.70%

Stock

3 days ago | Report Abuse

I totally agreed!

Posted by xiaoeh > Mar 25, 2024 6:54 PM | Report Abuse
Mike u are capable of make up stories
i am curious what has got inside ur head ha...?
all spiderweb or rubbish that lead u to nowhere...?

Stock

3 days ago | Report Abuse

Repoat:
Still talk cock abt his 50% and 50% but nothing to show?

Posted by Mikecyc > Mar 25, 2024 11:59 AM | Report Abuse
Haha as l had replied Philip that my investing capital divided into 50 % : 50 % = 


A ) 50 % in Value n Growth stocks with DIVIDEND payout higher than Bank interest rate …or esp those with Dividend Policy , eg : 60 % .. 


Coming ipo on 99 Speed Mart with Dividend policy 50 % .. 


B) 50 % in higher risk stocks with Calculated Risk

Stock

3 days ago | Report Abuse

Do not look only at PE ratio because profit can be from one off reversal of provision additional loss of investment.

Look also the cash flow, did AAX generate positive cash flow?

Stock

3 days ago | Report Abuse

Still talk cock abt his 50% and 50% but nothing to show?

Posted by Mikecyc > Mar 25, 2024 11:59 AM | Report Abuse
Haha as l had replied Philip that my investing capital divided into 50 % : 50 % = 


A ) 50 % in Value n Growth stocks with DIVIDEND payout higher than Bank interest rate …or esp those with Dividend Policy , eg : 60 % .. 


Coming ipo on 99 Speed Mart with Dividend policy 50 % .. 


B) 50 % in higher risk stocks with Calculated Risk …

Stock

3 days ago | Report Abuse

Can I concluded that Mike-tikus use his mouth for brainless talk but nothing to show?

Stock

3 days ago | Report Abuse

Mike-tikus use his mouth for brainless talk but nothing to show.

Stock

3 days ago | Report Abuse

Why do I need to explain SCIB when I just bought 20,000 SCIB share to support a friend?

Come back 2025 to see what will be SCIB price?