Posted by OTB > Mar 12, 2020 11:28 PM | Report Abuse

The fed just reduce interest rate by 50 bp.
All economy numbers are good.
I see no reason for US stock market to crash.
I did a research a few days ago, I conclude it is unlikely for US stock market to crash.
You read the technical chart carefully, it is A,B and C corrections.
I believe the bottom is near.

Posted by OTB > Mar 12, 2020 11:28 PM | Report Abuse

The fed just reduce interest rate by 50 bp.
All economy numbers are good.
I see no reason for US stock market to crash.
I did a research a few days ago, I conclude it is unlikely for US stock market to crash.
You read the technical chart carefully, it is A,B and C corrections.
I believe the bottom is near.
My 2 cents opinion

Posted by OTB > Mar 12, 2020 11:28 PM | Report Abuse

The fed just reduce interest rate by 50 bp.
All economy numbers are good.
I see no reason for US stock market to crash.
I did a research a few days ago, I conclude it is unlikely for US stock market to crash.
You read the technical chart carefully, it is A,B and C corrections.
I believe the bottom is near.

OTB just last week

Dear valued clients,

Please take note that the share price of Jaks crossed all time high of 1.51 convincingly today. I hope the share price of Jaks can close above 1.51 today. Once the share price can cross 1.51 convincingly today, no more resistance to cross. Sky will be the limit once the "Cup And Handle Chart Formation" is well formed. Enclosed is the latest technical chart of Jaks for your perusal.

As usual OTB's buy high sell low strategy worked very well

The selling of PPHB is not due to me.
It is syndicate work.
My posting cannot be so effective.
Syndicates are selling down.
I had said many sellers in my weekly report.
Tq. Ooi

You can notice it is not fair for me to post my transaction during trading hours.
When the system suit you, you said very good.
When the system is going against you, you complain.
What you want me to do ?
It is the final decision I had made, no posting of my transaction until market closed.
This decision is final.
I do not like to hear any comment.
Tq. Ooi

Please note that the share price of Jaks had broken new high above 1.51. Once 1.51 is crossed convincingly, no more resistance to cross.
Sky may be the limit once the "Cup And Handle Chart Formation" formed.
Good luck to you.
Thank you.  
Ooi
寧可天下人負我, 休教我負天下人

Also don't criticise OTB ah...even if he is wrong if you criticise him he curse your entire family and 18 generations ancestors. OTB should call himself OAR. Ooi Always Right ya

OTB's ego consumes him. He butt itchy got nothing better to do come out with a sell call. Why? He just want to prove he is smarter than Uncle. The guy who shouts ABCDE technical first sells an uptrend then justifies it by fundamentals. His strategy is not technical first la. His strategy is act first then justify his action with whatever complex but mostly wrong stuff.

Sorry I can't help but laugh at the OTB followers who followed and defended his Dayang sell call. Best part they pay OTB a fee to follow his ABCDE technical first strategy. Don't need to wait until June 2020. It's already proven that he is just as bad in charts as in fundamental. Teehehehehhehehehehe

TanDavid88 https://klse.i3investor.com/blogs/koonyewyinblog/237344.jsp

OTB is his best adviser, he never takes OTB's advice and attack OTB for no reason.
OTB told him to sell all Dayang if the price is > 2.00.
He attacked back OTB saying OTB is not honest, want to buy back Dayang at a cheaper price.
He did not realize that all his good stocks are recommended by OTB.
OTB's performance in 2019 is 170% ROI.
OTB is so sincere to him, tell him to buy back Jaks to make back his losses.
He attacked back OTB to recommend Jaks to OTB's followers.
This man is too arrogant.

The man who thinks he knows most and shout everywhere ask people sell Dayang is not arrogant. The man who advises you all with facts that Jaks have problems is arrogant. The world is upside down

Otb, Jaks, genuine? You are naive to think otb did not have a hand with Andy to squeeze out Uncle when they know Uncle's margin position in Jaks. Jaks is obviously driven up by syndicates. Jaks move a day after otb's call, you think retailers can push Jaks up? Otb is working with syndicates or maybe his level not high enough, he only receives info from syndicates. Mutual benefit, syndicates use him to lure in retailers making him right - when Otb is wrong it is when syndicates use him to kill off retailers. By the time it falls otb will tell you he already got out and have 270% ROI

Otb's 170% performance is self-claimed. Uncle's performance can be seen in annual reports. Otb always has the benefit of being loud when things go in his favor and keeping quiet when he makes mistakes. I am not trying to attack otb, I just want newbies to be aware. How many people lose money just blindly following otb. Each time Otb gives a recommendation he says the decision is yours but he says with such conviction that newbies will believe him. If he is right he claims credit, when he is wrong he tells you the decision is yours.

I already said one invest his own money the other collects fees to write stuff. If you seriously look into otb's analysis they are all quite superficial and artifical. Depending on his mood liking and biasness, he will come out with something that aims to only justify what he has already decided.

Almost forgotten Sifu OTB asked to sell Dayang at 0.70 way back when

One of them is an investor who puts money where his words are. The other writes a newsletter for a fee. DYODD

Sifu OTB ask you all to sell now. Becareful what you read. OTB is fond of selling low and chasing high. When it goes up to 2.30 he will tell you TA ask u to buy and say his strategy is TA first.

Uncle Koon has reminded us to see value. Most people fear profits, they sell when the share goes up and up and up.

Let's not blame Uncle, just remember Uncle & Ooi cannot always be trusted as with anyone else. They are no different from you and me and any forumers

Uncle do this for free, Ooi do this for a fee. There's a bit of difference there but it's because Uncle is rich and can afford it.

But I pity Uncle. It's actually not his fault. He just wants to do good. Ooi Teik Bee recommends him a stock, he believes Ooi and of course have his own analysis then puts up an article to try to help people get rich only.

Uncle cannot continue to speak/ write irresponsibly. He is a substantially rich man and his word to buy at 1.13 from "anyone" can be reasonably relied upon. This exposes him to legal liability.

Teo Seng: Why So Many People Eat Eggs? Koon Yew Yin

Teo Seng’s last 4 quarterly EPS 7.37, 5.76. 2.34 & -0/18 sen. Total for 4 quarters is 15.29sen. Last closing price Rm 1.21, P/E 7.9. Moreover, the company is the biggest egg producer in Malaysia.

Lay Hong’s last 4 quarterly EPS 1.81, 0.57, - 1.70 & 0.34. Total for 4 quarters is 1.08 sen. Last closing price 43.5 sen, P/E 40

Based on my golden rule for share selection, I bought quite a lot of Teo Seng shares because the company has reported 3 consecutive quarters of increasing profit. So, I wanted to know why so many people eat eggs. From my Google search, I found the following article which I would like to share with you.

At 116, the world's oldest living person loves eating eggs every day

By A. Pawlowski

One year after a New York supercentenarian revealed she ate bacon every day, the Italian woman who succeeded her as the world’s oldest living person is opening up about her love of eggs — a daily part of her diet for Born in 1899, Emma Morano will turn 117 next month.

"I eat two eggs a day, and that's it. And cookies. But I do not eat much because I have no teeth," she told AFP news agency.

Emma Morano is the oldest living person in the world, and the only one left who has lived in three centuries.

The egg routine started with a health crisis when Morano was 20. Suffering from anaemia, she consulted a doctor who told her to eat three eggs a day: two raw and one cooked, the agency reported. She’s kept that diet for more than 90 years, which would amount to consuming more than 100,000 eggs.

"Emma has always eaten very few vegetables, very little fruit. When I met her, she ate three eggs per day, two raw in the morning and then an omelette at noon, and chicken at dinner," her current doctor, Carlo Bava, told AFP.

Teo Seng: nothing wrong
By Koon Yew Yin
July 21, 2019

After I posted 2 articles, namely “Comparison of Teo Seng, Lay Hong and Leong Hup and Why so many people eat eggs” to encourage readers to buy Teo Seng, the share price has been dropping. Some readers might have followed my recommendation. As a result, they are losing money.

My creditability is more important than money

I am feeling so disappointed and it looks like I am losing my creditability which is more important to me than money. However, I wish to reiterate that there is nothing wrong with Teo Seng. Last evening, I had to buy a few hundred thousand shares to prop up the price to close at Rm 1.14.

I wish to point out the following:

Teo Seng’s last 4 quarterly EPS 7.37, 5.76. 2.34 & -0/18 sen. Total for 4 quarters is 15.29sen. Last closing price Rm 1.14, P/E 7.5

ay Hong’s last 4 quarterly EPS 1.81, 0.57, – 1.70 & 0.34. Total for 4 quarters is 1.08 sen. Last closing price 43 sen, P/E 40

Leong Hup’s last quarterly EPS 1.78. IPO price was Rm 1.10 in April 2019. Last closing price 91 sen

Conclusion:

Teo Seng is the best in terms of profit growth prospect which is the most powerful catalyst to move share price. Moreover, it is selling at P/E 7.5 while its nearest competitor, Lay Hong is selling at P/E 40.

Notice to buy Teo Seng

Any one who wish to sell Teo Seng at Rm 1.13 per share, please contact my remisier Ms Yau of Hong Leong Investment Bank, Ipoh, telephone 05-5119110. Each transaction should not be less than 100,000 shares.