Tommylim

Tommylim | Joined since 2013-11-22

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Stock

2014-01-16 16:39 | Report Abuse

I appreciate your feedback Leon7. True, what you said is correct. That's the reason why I said for the first year or so the conservative 70 millions recurring income. I agree low rental rates offer to anchor tenants. This is a practice I think to attract other major tenants initially. Thank you.

Stock

2014-01-16 13:10 | Report Abuse

Sabah Asiapac KK Time Square almost completed. Imago Mall only only month from completion. After that, only involved internal wiring for lightings, conditioning and for confirm retailers to move in. At this point, would you as directors sell your stake? Would you as substantial shareholders dispose your stakes? After RM1.5 billion spent and only months away from official opening, would you let go of golden goose? The potential conservative 70 millions recurring income will only be reflected in coming 2015. And as business grow, rental rates will also go up thus projected 70 millions may yet to include many more hidden recurring incomes like billboard adverts, increase rentals etc. Do you think at 20 cents, Asiapac is expensive in valuation? Hope you hear from more experience investors. Appreciate your feedback. Thank you.

Stock

2014-01-16 12:59 | Report Abuse

Barakah slipping these few days. I am selling all remaining Barakah for Asiapac. I am putting almost all my investment to Asiapac. Thank you.

Stock

2014-01-16 12:56 | Report Abuse

Thank you thesteward and w2sin. Yes, very childish indeed. This type of demeaning languages usually used by those uneducated people living in degrading condition. But to find it post here is very disturbing. Sorry to air my unhappiness.

Coming back to the topic, I may sell Ecofirst early for Asiapac. The price and value difference are consideration that I am thought of. Thank you.

Stock

2014-01-16 10:40 | Report Abuse

Read posts from someone here which I find very disturbing. Hope that such person would reflect upon his behaviour towards others sensitivity. Appreciate feedback and adult behaviour. . Appreciate feedback from Eugene and the likes. Thank you

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2014-01-16 09:18 | Report Abuse

Can anyone confirm AirAsia giving out dividend soon? Thank you.

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2014-01-15 17:53 | Report Abuse

Thank you fellow investors. I shall sell Ecofirst once reach 30 cents and buy more Asiapac. Ecofirst was only 20 cents when i bought last time. Imago Mall is almost completed so i dont see much risk. I think the reason why Asiapac so cheap now probable due to fear that the project become abandon. Anyone have different opinion why Asiapac so undervalue? Appreciate your feedback. Flight back to KL tonight. Last night seafood of garoupa, lobster and king prawn are pure heaven. So going for 2nd round seafood dinner before flight back. Pardon me for raving too much. Thank you.

Stock

2014-01-15 15:51 | Report Abuse

Arrived to Sabah, Kota Kinabalu=KK tuesday midnight and straight to Sutera Harbour. Wake up 7 am and opened my window and greeted by view of golf course where bunch of golfers already on the turf(within Sutera Harbour itself). Its been decade or so since I been to KK. My first impression is 'paradise' and KK has fully grown into a unique city. I was fortunate enough while having breakfast at Sutera Harbour lounge with Barry my business associate. Barry pointed out that the person sitting next to us is the CEO of Asiapac. What a small world, Yu, Asiapac CEO is also my uni buddy back in University of Bath taking same Civil Engineering course. I took the chance to catchup and ask him about Imago Mall.

According to Yu, Asiapac develop KK Time Square which consist of 12 multi-storey office blocks, 640 condos and 300 units Imago Malls with upper middle class and international tourists in mind. Whats unique is that Imago Mall is fully owned by Asiapac and not a single unit sold to outsiders. It cost 600 million to build Imago Mall alone and once completed its a cash cow for Asiapac. Yearly, Imago Mall will contribute 70 million in recurring incomes for Asiapac. Imago Mall is something like Pavillion, based on what Yu is saying many international brands already confirm to operate in Imago Mall.

Barry then took me to his boat parked at Sutera Harbour for whole view of KK from sea. From Sutera Harbour I can see new private hospital on construction(for oversea patients in mind), the huge KK Time Square project(Office blocks, condos and Imago Mall), next to it is another giant Oceanus Megamall(Mall, condo and hotel). I also can see along the seashore Suria Sabah, Jesselton Condo, Centre Point Mall, Marina Condo etc. There's many more development along the seashore that I cant remember. KK looking more like mini Hong Kong to me now.

Barry then took me to few islands like Manukan, Momutik, Manukan which overcrowded with tourists. According to Barry, tourists from Japan, Taiwan, Korea, China, Australia are repeatedly coming to Sabah average of 3 millions yearly. The water is crystal clear and can see beautiful fishes too. We speed to Pulau Gaya where YTL exclusive Gayana Eco Resort is situated. This is a 1K per night 5 star island resort and its fully booked. All the islands are pure paradise and only few minutes away from KK city. I can see why international tourists are flocking to KK instead of KL for holidays. To me KK is much more vibrant than Iskandar and if Pulau Gaya turn into Genting casino resort, I think tourists will complete bypass Singapore and Genting.

Barry asked me whether I would like to speed off to Labuan for drink in his boat. But I told Barry, maybe next time, I definitely make KK my 2nd home now. After our boat fun, we headed for helicopter ride to Kimanis oil and Gas terminal for serious work.

Coming back to Asiapac, personally, Asiapac now is completely undervalue at 21 cents. Even at 1.00, it still do not justify its potential. Asiapac smart enough not to sell any of its 300 units Imago Mall. And its only a short walk to 5 Star Sutera Harbour too where thousand of international tourists are staying at any given day.

I already bought 200K worth of Asiapac today and shall buy more. I think 30 cents is too easy to achieve within 6 months period.

I hope my long report will not bored any of you. Sorry in advance. Thank you.

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2014-01-13 20:43 | Report Abuse

Waiting for my flight to Sabah. Read about directors disposed their shares again. Will cut all position from Hevea. Not worth. Thank you.

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2014-01-12 14:04 | Report Abuse

Tonylim I don't understand what you trying to say. Can you explain further? Thank you.

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2014-01-12 13:48 | Report Abuse

Thank you guys. You all are much more positive than myself. Appreciate your feedbacks. My remisier has been in this industry for decades. He should know better. I am just learning about oversold or overbought if not mistaken known as technical analysis. Am I right? I don't know what is southern doji, morning star as mentioned here. I googled and found that southern doji is a reversal of downtrend. What my remisier did told me is that there's overreaction after directors disposed less than 200K worth of shares. Personally, such disposal is very small because even myself can buy and sell much bigger value. But the act of disposal by directors enough to turnoff others I guess. Sorry, again, I may be making assumptions, I don't know much really. Thank you.

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2014-01-12 10:15 | Report Abuse

Thank you for your concern Ruhaizat and Fatty. My remisier also advise me on margin financing danger. He said that on force selling, usually margin holders will force sell at lower price compare to contra holders. On force selling, the first account to force sell is contra holders follow by margin holders. However, my purpose for margin account is not for buying on margin but in case i am outstation and cant pay on contra period. Thank you.

Stock

2014-01-12 10:05 | Report Abuse

I will be in Sabah this tuesday on short business trip. On that trip i arrange with associates there to take me to Imago Mall so i can assess what is the value for Asiapac and other business prospect especially oil and gas. I hope to share with you fellow investors outcome of my visit. I dont want to overestimate valuation of Asiapac. Anyone in Sabah can share with us of latest development on Imago Mall? Is it significant? Thank you.

Stock

2014-01-11 18:37 | Report Abuse

I do have doubt with my Hevea purchased based on oversold call. My remiser however insist that Hevea will rebound strongly to 1.30 within 3 trading days. I am however not convince. Do any fellow investors have similar or different view? Please share. Thank you.

Stock

2014-01-11 17:46 | Report Abuse

Frankly i dont know much about stock market. For past 5 years i am more into purchasing shopoffices by blocks. I would buy block usually 3 or 4 storeys and rent out as shops or offices. My initial investment of 3 millions now valued at 10 millions excluding rentals that i collected all these years. But i dont buy now as the prices are way overvalued. I usually buy stocks based on remisier or friends recommendations. My gains so far consider quite small compare to my friends. I do have excess of a million if i decide to fully invested. I do hope fellow investors can provide me with feedback. Thank you

Stock

2014-01-11 17:25 | Report Abuse

Please explain Ruhaizat and Fatty. Appreciate your feedback. My remisier told me last week volume was 56 millions and this week was 61 millions mostly purchased by funds. Like Barakah, decision to buy AirAsia remain the same based on flow of local and foreign funds. I shall sell my Barakah once hit 1.92 and buy more AirAsia. Unless many of you have unfavorable views, i shall reconsider. Thank you and hope to read your views soon.

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2014-01-11 16:09 | Report Abuse

Met my remisier just now for some coffee and to discuss on margin financing. I didnt realise already invested 300k from initial 100k. I already made 60k gains a little over 2 months and and only topup 140k for further investment. I shall hit 100k gains before CNY. On AirAsia, my remisier said that it will climb further to 2.90. I will buy more monday and shall sell sapres. Anyone with different opinion? Appreciate your feedback. Thank you.

Stock

2014-01-11 10:01 | Report Abuse

I would like to add that ship building is a very complicated process especially patrol vessel. This is not for ordinary works that can be done by any ship builders. As engineer in oil and gas company, knowing the full implicated of salt water that can damage and endangered those working on movable vessels or rigs, ordinary office personnel may not expose too. So i dont think any other company in Malaysia can do what Bhic can do. Uncompetent ship builders will see patrol vessels decommission within weeks of operation. Salt water can be very damaging unless competent engineering involved to ensure detail process. Thank you

Stock

2014-01-11 09:49 | Report Abuse

I dont think its question of realible rather when will official award of contract be released. I was fortunate to see lumut shipyard back in August where 2 scorpene was serviced by Bhic. As my friend is working as an engineer in Bhic, i can see how advance and complicated jobs done competently. No doubt very close ties with government helps too. And Bhic also do fabrication works for Petronas. I think at current price, Bhic is way undervalue already considering the asset and expertise that they posses. But my guess is based on what i see as i dont have stock market valuation knowledge. Thank you

News & Blogs

2014-01-10 20:39 | Report Abuse

I come across your article. Yesterday i bought 100k shares at 1.13. Based on your feedback Ooi Tei Beh, i having doubt that i make a mistake. Should i sell my shares or Hevea will have chance to see higher prices. I am very new in stock market and appreciate feedback. Thank you

Stock

2014-01-10 20:32 | Report Abuse

Thank you for your insight upanddown. Just asking, how many investors aware of Asiapac development? Or is yesterday huge buy based on herd mentality? We shall see next week whether most will have holding capacity or not. My remisier noted that the volume today are sellers. I agree that for big buyers, they may force more holders selling they Asiapac hence like you said wipe out the weak holders. This is interesting indeed. Slowly i learn alot from your feedback. Please contribute more. Thank you.

Stock

2014-01-10 20:00 | Report Abuse

Recap yesterday decision to sell based on my remisier advise. I agree that after yesterday 73 millions, today only 18 million transactions done. So now i understand what overbought means, that too many buyers bought yesterday without capacity to hold beyond T+3. On 4th trading day, remisiers will selloff these shares known as force selling. However, 2nd wave of selling will follow through known as margin selloff. I gather these from friends feedback. Please share if you have other views. I would like to listen from fellow investors? Thank you.

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2014-01-10 18:02 | Report Abuse

I would like to add that Bhic is awarded by government for 9 billions patrol vessel. By the time award of contract announced i believe the market will double. Anyone agree with me or think otherwise? Thank you.

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2014-01-10 17:52 | Report Abuse

I decide to exit Pjdec with a tidy profit many thanks to Sepiroth advise to hold. Instead i bought Bhic counter which related to Petronas benefactor of contact award. Thank you

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2014-01-10 10:18 | Report Abuse

Sephiroth, I made a mistake. I bought the mother share not warrant. I was a confuse with my portfolio. Thank you.

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2014-01-10 10:14 | Report Abuse

I will sell all at 50 cents as mentioned by friend Sephiroth. Thank you.

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2014-01-10 10:08 | Report Abuse

I am thinking of buying another 100K shares of hevea like yesterday. Is it adviseable? Thank you.

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2014-01-09 19:26 | Report Abuse

A quick check reveal that directors made disposal of 149,000 shares valued at RM193,700. Can a small disposal make a huge impact to stock price? Thank you.

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2014-01-09 16:25 | Report Abuse

I didn't realise I bought so many stocks. I sold some Barakah to offset purchases of Sapres and Hevea. My remisier said some take profit just in case sudden drop if any. Thank you.

Stock

2014-01-09 15:19 | Report Abuse

Sorry. My 100,000 shares not yet done. Its still waiting at 1.13. Thank you.

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2014-01-09 15:14 | Report Abuse

My remisier recommend me to buy Hevea. He said that Hevea has fallen into very oversold level. I give it a try and bought 100,000 shares. It this recommend? Thank you.

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2014-01-09 14:55 | Report Abuse

Sorry, its 200,000 shares of Asiapac at 17 cents. Still holding. Pardon for my amateur knowledge. I am not sure about fundamental. I buy what my remisier or friends recommends. I also read through this blog. I do realise Sephiroth postings have been very promising. Thank you again.

Stock

2014-01-09 14:45 | Report Abuse

Sephiroth, it seems we always buy the same counters on several occasions. Yes, Asiapac, I sold my 100K worth at 18 cents but still holding 17 cents but only 20,000 shares. I however disposed Hovid today as the news of Syed Mokhtar not very concrete. Do you have any other counters to recommend? I have listen to your advise and its been very promising, thank you friend.

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2014-01-09 13:52 | Report Abuse

Hint from my friend working Sapres, transportation on electrified rail. Hope this clue enough. Thank you.

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2014-01-09 13:31 | Report Abuse

Now I understand meaning of contra or T+3 after selling my 100K Asiapac with profit of 7K. However, i am switching to Sapress as friend working there informed me of official news later on. I am not privilege to disclose such news. I already bought Sapress worth 100K at 99 cents. Do any of you guys have similar news? Hope fellow here not asking me questions as i am always busy and only briefly post questions or new developments. Thank you.

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2014-01-09 10:08 | Report Abuse

Sold some Asiapac worth 100K today which I bought 18 cents. Still holding my 17 cents bought earlier. Thank you.

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2014-01-09 09:18 | Report Abuse

My remisier asking me to sell Asiapac first. He said situation is overbought at the moment and I can buyback 17 cents again. I am not sure, do you guys have similar opinion? Thank you.

Stock

2014-01-09 09:16 | Report Abuse

Sorry, I don't understand what contra kaki is Pinnacle. Eugene, my investment period shortest 3 months, I have plenty of time. Free warrant is definite, my remisier already talk to Datok Tiong regarding latest development of Ecofirst. Thank you.

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2014-01-08 23:06 | Report Abuse

I was worried abit Rlch. Thank you for your explaination. Do you think it will drop further? I would like to buy more. Thank you

Stock

2014-01-08 19:26 | Report Abuse

I manage to buyback at 23.5 cents after selling 24 cents yesterday w2sin. Sorry, i am constantly busy and only spend little time reading and post comment in this blog. So apologies to my fellow investors if i dont reply back. Hope my sincere explanation acceptable. Going for dinner function now. Please share developments. Thank you

Stock

2014-01-08 19:13 | Report Abuse

I am complete amateur in stock Albert. This what my remisier told me. Perhaps you can share your opinion? So far i only made 40k out of 100k in 2 months so i dont think i am good. Thank you

Stock

2014-01-08 19:05 | Report Abuse

I asked my remisier why Barakah track down from 1.68 to 1.63 today. He said foreign funds do not want the price to increase drasticly. He said he recommend to sell after price exceed 1.92. Please share if you agree or not. Thank you

Stock

2014-01-08 10:26 | Report Abuse

My remisier alerted on Syed Mokhtar becoming substantial shareholder. I am not sure what this mean. Sorry for omitting this development in my first comment. Thank you.

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2014-01-08 10:23 | Report Abuse

I will hold Profitman. Thank you for your feedback.

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2014-01-08 10:21 | Report Abuse

Bought into Hovid as suggested by my remisier. To confirm his recommendation, anyone with the latest development? Just to compare notes. Thank you.

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2014-01-08 09:21 | Report Abuse

Good morning everyone. I bought around 1.50 to 1.57 accumulate about 100,000 shares. My remisier suggest to take profit within T+3 but I don't understand him. Roughly my profit already 10K now. What is the best selling price? Appreciate your feedback. Thank you.

Stock

2014-01-07 21:03 | Report Abuse

Regret to sell all my Ecofirst shares today. Informed by my remisier through his casually conversation with Datok Tiong during dinner function that free warrants to be distribute to existing shareholders. Hint by Datok Tiong on targetted 30 cents market price soon. Will buyback tomorrow. Thank you.

Stock

2014-01-07 15:35 | Report Abuse

Sold my Ecofirst at 24 cents instead. Only 8K profit which is not much. Eugene thank you for your advise. But I am buying more AirAsia now. Thank you again.

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2014-01-07 15:29 | Report Abuse

Thank you Alan for your advise. Bought 30,000 shares at 1.06. What price should I sell?

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2014-01-07 12:45 | Report Abuse

I have bought in AirAsia as new terminal at KLIA2 confirm to open in May this year. Furthermore my remisier noted the increase foreign funds buying into AirAsia since yesterday. Anyone buying into AirAsia these few days? Thank you.