SSlee. TQ for your tip for Armada. I made handsome profits. Sold all around 0.375.
Now, you gotta ask me la when it comes to O&G. Dayang is a well managed company but RM3 was too high la. I reckon even now at 1.8B it has run ahead of itself. In the long run, Dayang is worth keeping but i very doubtful it could be worth RM3B

Hi newbie1111. I would like to respond to your questions below.
1. Agreed. AA taking on more debts mean less profitability
2. Q4 definitely massive lost. That's why they wanna wait till end of March which coincide with their fund raising proposals? I would do the same if i run AA. People would just look at the headlines and respond without digging into details. Worst, i dare to say at least 90% of people who buy stocks no ideas what details to look for? BTW, i am 1 of the 90%.
If you are here because you wanna find out whether AA is worth investing, then you can read my previous comments on WHY i chose AA.
Companies that do PP or RI in general are bad for existing shareholders because your earnings are diluted. However, there are exceptions. Coincidently, 2 stocks i invested in the last 3-4 years happened to be the exceptions.
1. Hibiscus. I started buying Hibiscus after they announced they bought over Shell's Sabah assets for RM100m. I invested heavily in Hibiscus averaging 0.40. Why? RM100m is damn cheap for a 10k bpd assets. If i recalled correctly, Hibiscus made 3 PP thereafter to finance the purchase within a period of 1 year. Everytime after PP, the share price went up substantially. I sold all at RM1 which i was supposed to keep 1/3. No discipline
2. JAKS. I bought RI in November and made more than 100% from it. Why? Vietnam power plant is ready
So, PP or RI in general is bad but you gotta see what's the future. In Hibiscus case, cheap buy and income generation in future. So, PP no problem. In JAKS case, RI for power plant, consistent and long term income. No issue. Of course, the price was depressed too.
So, here come the reason i bought AA. The price was depressed too. Have a look at AA QR and you would realise that AA has made annual income from few hundred millions to billions. AA currently worth RM3.4B. Now, if AA don't go bankrupt, the bank has said they would make 6 sens in 2022. At current price, that's PE 15? Whereas European low cost airlines are trading at 2022 PE of 19 to 40. Even without digital banking, i reckon it's relatively safe to buy AA now.
If you don't like AA, move on. In my opinion, 2021 is relatively easy year to make money.
Choose the market leaders in these sectors and you would be fine. Bank, Energy, Property and even Construction



newbie1111 Normal airline take on debt to expand their capacity to earn more revenue. But this case they taken on debt just to survive and the capacity had been cut. The profitability of AA would be reduced for a long time
25/02/2021 10:04 AM

newbie1111 Q4 delay until end of March, scare to reveal massive lost?
25/02/2021 8:15 PM

Or when he took photos in front of AT and came up with fantastic profit projection but then changed 180 degrees soon later? Maybe JV with the chong kah turned sour? In the old days, chong kah hide behind the scene, now they are being celebrated as celebrity

SSlee. Sincere and good write up. Is your grandpa Koon one of those unscrupulous conman you mentioned? Otherwise, how could someone told his readers that Dayang business won't be affected even when oil price was down and all the sudden after 2 weeks he declared he sold out of Dayang?
You need to be consistent with your verdict even if you consider him a friend

Very boring eh, don't know what to do. So, please spare me some space to talk cock.
In general, i only dwell in JAKS forum but i do browse thru forums which stocks i am holding.
While i detest those investment gurus or chong kah who are manipulating the forums for their interests, i find 1 bunch of ikan bilis who are no better and yet they have the thick skins to condemn others. These ikan bilis are typical and very easy to identify in a forum. When they hold stocks in a company, they will everyday come and chant up. However, once their trigger happy finger clicked sell because they were too eager to collect the profit for KFC, they suddenly become very bearish.
People like that are abundant in real life but more so in forum. I don't know the one in forum but those i met in real life, none do well

BTW. Personally i support AA but not AAX. Just a quick glance of AAX QR from 2012 you would realise they were mostly in RED. If my buddy couldn't turn around AAX in the good days, what makes you think that he can in the future?
Also, for those gambling on 50991J, i hope you know it's gonna expire in April? And hopefully you know how to derive a fair price from it?

let's not start a vaccine war after glove war haha. My parents supported Sinovac. Well, my point was, my RIGHTS to choose if i am willing to pay.

I supported glove counter Topglove since i was trying to catch a falling knife. Just exited at 5.50 as 5.52 support broken. Lost hard earned RM12k. Moral of the story. Don't play play with knife

This is not enticing you to buy but to share with you reality. Now, i am one of those can't wait to fly. However, how many are like me, i don't know.
Domestic travel in Malaysia i believe soon. I look forward to it.
International travel. By July with vaccine passport. I am first to sign up for vaccine jab.
Also, i don't know how many are like me but i would like to CHOOSE my Pfizer. Understand govt can't let rakyat chooses otherwise who would use China or Russia vaccines right? I am sure all top officials are using Pfizer. Understandable because they are important people to rakyat. However, govt should allow rakyat to choose if rakyat willing to pay? I am willing to pay to choose Pfizer. Please make noice in social media.

https://www.marketwatch.com/story/airlines-and-travel-stocks-surge-as-u-k-sets-out-lockdown-exit-plans-11614080213
https://www.telegraph.co.uk/news/2021/02/23/travel-news-holiday-restrictions-abroad-quarantine-hotels-reopen/

AA got son meh? Please be careful with the call warrant. Many are seriously out of the money. You don't even get a piece of toilet paper when it expires. Well, if you like to gamble, better give me instead

Bursabet. From link below i found, he is worth less than RM200m. I doubt a person with 10B net worth got so little info on the internet unless he is into "underground" business.
Indeed, he runs a casino in Philippines. In case you don't know who Richard Yong and Paul Phua are, just google Paul Phua and you will get hours of interesting read.
In Malaysia, football kakis know him because of Maxbet or IBCbet if i recall the site correctly. Money is not an issue either way. Paul Phua openly stated in interview he lost RM100m in casino every year. (Just speculation he is involved. Very interesting indeed)

bursabetbet Windy1974 stanley choi’s net worth should be over 10 billion. “Choi had been a founder of Yunfeng Capital, a private capital arm of Alibaba Group chairman Jack Ma.” Thats what i found online
22/02/2021 10:19 PM

https://www.marketscreener.com/business-leaders/Chiu-Fai-Choi-076WBT-E/biography/

Below are just speculation and who actually owned the 8% in AA not gonna affect AA's prospect.
Stanley Choi officially owns a financial group. Not much is known about him apart from him being a good poker player. The 8% stakes are not under his listed company ownership. Few things raised my interest.
1. That's RM200m. Has he got it?
2. Why all the sudden a HK businessman getting involved in Malaysia company? AA not a goreng stock like Inix.
Stanley entered a lot of high stake poker tournaments. Up to USD1m. However, it's open knowledge that some of the best players are financed by others. Especially the last 8-9 years where Malaysian poker players have changed the poker wagers to millions of dollars per pot in Macau. Stanley in 1 occassion at least was financed by Malaysian Richard Yong. I would incline to believe that he is just a front man

Musang. After wet wet song song with JAKS. 2021 wet wet song song AA

RI? from what my buddy Tony said, i thought it's quite clear cut the pp of 20% will be final. Rest will come from government loans and other methods of financing. That's my impression anyway.
Anyway, if govt got loan, then even if there's gonna be an RI, it won't be as huge as it needed at RM2b as per banks.

Good morning. Such active AA forum. Ya hor, why glove and AA like enemies ha? Anyway, none of my business, as long as it makes you song.
I have posted a comment i made in Dec about AA and would like to update here.
I said i would be taking 40-50 flights in 2021. Well, with the current MCO, i suspect i can only fly after taking a vaccine jab. Probably only after July? And with kids flying still unknown since they can't take a jab, my year end family trip overseas still unknown. So, all in all, i expect to take about 20 flights in 2021.
Have you got any experience via AA website recently? Due to cancelled flights, i was directed to the almighty AI now serving me. Used to wait 20-30 minutes if you were lucky via chat but now instant reply. My issue was solved but i am not sure how many % still need human contact? Anyway, imagine how much salaries AA saved?
Of course, AA is still bleeding losses. Let's see from the QR, how much. My buddy Tony did say by end of year gonna turn cashflow positive. So from now till end of 2021, let's see whether Tony needs RI or can het loan from bank. RI is already factored in. If get loan, will be a positive sign.
Indeed, banks gave TP less than 0.40. Will it reaach their TP? Maybe. Maybe not. I only know that i was waiting for that price when the sentiment was the worst in 2020 around Sept/Oct yet lowest was 0.50? My approach is always buy expensive than not buying if i believe in the future prospect of a company. Over my almost 28 years in share market, i learn 1 painful lesson. Don't wait if you believe. How many of you have told your friends, i q at what what price and didn't match and now the company worth 10 times more leh? My friend, those old grandpa stories don't make you an investment gurus but failure. Human nature is like that. If you q at 0.73, never hit and move up the share price, would you buy at 0.90? 99.9% of people won't. So, it always become grandpa stories of your big missed.
I give credit to AA for their effort to survive and thrive during the pandemic. What did MAS do during this period apart from their success in sold out peanuts? They even still gonna make my enrich points expired while all other airlines extending it till end of 2021.
As for gloves, indeed profit would be good for the next 6 months or 1 year at least. If you yet to know that, investment is about tomorrow not today, then i suggest you better quit sharemarket before you lost your kid's education fund. Same, i buy AA for future prospect, not now. And i am banking on digital bank not just aviation. Am i right? Maybe not. But as a business man, i invest in future and my judgement.
If you believe in the bright prospect of gloves, go for it. But don't do it because some investment gurus told you so. They are most likely con man, just like me.

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 14, 2020 10:27 AM | Report Abuse

JAKS share price very boring lately. So spare me some time to promote Airasia haha. I have to declared that Airasia is now my major holding and i am promoting so that you can help push up the price haha.
I started buying AA at 0.735. Why? Nothing fundamental, purely rotational play into vaccine positive stocks since AA price was depressed. AA price was rightly depressed because of all the expected RI needed to stay afloat. I was hoping to sell AA at RM1 range but now i am keeping it in the fridge till further developments. Now, what are the developments i am excited about? Now, mind you, i am a businessman in nature so my decisions are based on business instinct and not supported by facts and figures like DK.
1. Tony (haha, first name basis) said recently, Thailand domestic travel back to pre Covid level. So, i guess us Asians are daring bunch. We rather die than not flying haha. I used to take average 80-100 flights a year and i look forward to at least half of that in 2021. I am scared of the needle but i am more scared of not able to fly haha.
2. Well, the game changer for me is actually Tony announced that AA got a digital banking license. Now, i was not an online person pre Covid. However, since Covid, i am at least 50 courier deliveries from Lazada etc. Now that i find it cheap and easy to do online, i doubt what else i gonna shop in malls? Now, now, wait wait, ok. Yes, it's not digital banking. Since i got time, let me long gas a bit haha. Also, during this lock down period, i started listening to Jack Ma on youtube. Yeah, i wished i have heard it earlier than i would have made tons of money in Alibaba. Still, i am gonna buy Alibaba because i believe as Jack Ma said, online thingy still in it's infancy.
Now, in Malaysia, if you wanna talk about entrepreneurship, if not Tony than who? (Maybe Vincent Tan haha!!)
1 thing i learnt from Jack, big data is the future. AA has 60% of Malaysian's information after operating in Malaysia for almost 20 years? So, if anyone gonna succeed in digital banking, i would bet AA.
Now, banking is a money printing machine in Malaysia. Just look at how much Affin is worth. (RM3B and i have never set foot in this bank) Now, i don't know how much AA's worth and i will let it run baby.
Hopefully, you have awaken from your glove dreams and start shifting to AA to help me push up the price so i can retire early.

Correction: 0.46 + 0.34 = 0.80

WC looks delicious but WB even better at current price. Expire end of 2023. Almost in the money at current price 0.46 + exercise price 0.34 = 0.70.
Otherwise why today WB volumes exceeds the usual volume by % of WC. Lots of smart money knows that and i gonna pissed them off by posting here. Of cos, i have bought WB too and want you to push it higher. I am not helping you

This is not politic, definitely there is right or wrong. Of cos it's up to investors or gamblers which side they believe but there is only 1 side that's RIGHT. So, if you are serious about investment, you should do faact findings. Otherwise, we only got ourself to blame. Either glove bulls or bears, if their arguements are based on their genuine belief, then they are not wrong in my eyes. If 1 intentionally induce people to buy or sell knowing it's wrong, then i hope people like that go to hell and join me there. I gonna see many i3 forumers there i believe

supermaxdarren the articles i read is glove in shortage since vaccination do create an additional demand for glove usage...no right or wrong coz it just a news and it's up to investors which side they believe..
13/01/2021 2:32 PM

Evaluate the arguements and come to your own judgement. Either you decide to buy or not, make informed decisions. You can't find much informed arguements in i3 apart from a lot of bomoh chanting ups and downs.
DK66 is the rare one with detailed analysis. Yet, you need to decide whether it's bogus or truth

https://www.theedgemarkets.com/article/glove-bear-jp-morgan-tells-clients-gloves-aint-needed-during-vaccinations

Very impressive volumes for glove counters. I reckon it's positive for other counters. I feel that the market is weak lately because a lot of money are tied in glove counters with everyone hoping to gain from it. From the turnover, it shows that many die hard fans have existed

DK. now JAKS forum is becoming like others. Off

LSS very low return on capital lah. No need to promote here. I tolong tolong JAKS doesn't get it. Just give me PP profit as dividend unless you can strike another pp deal

Beggar can't be chooser. It's easy for developed countries and citizens to criticize 3rd world countries for pollution when they have developed. Having said that, it doesn't make pollution right.
As DK highlighted, JAKS pp future payment is protected by BOT. Prospect wise, no arguement.
If you wanna argue environmental impact, then not here. While i don't consider myself environmentally friendly nor i am not.
Wanna be environmentally friendly? Don't use aircon and don't eat meat. Walk the talk

Sslee. TQ for introducing Armada to me. You sold too early la haha. Seems like you are not value investing leh otherwise you won't have sold at 0.26s thereabout. Anyway, now it seems like time for a breather for energy stocks lah

Bye bye 0.945. I don't wanna c u again, EVER!!

JAKS share price very boring lately. So spare me some time to promote Airasia haha. I have to declared that Airasia is now my major holding and i am promoting so that you can help push up the price haha.
I started buying AA at 0.735. Why? Nothing fundamental, purely rotational play into vaccine positive stocks since AA price was depressed. AA price was rightly depressed because of all the expected RI needed to stay afloat. I was hoping to sell AA at RM1 range but now i am keeping it in the fridge till further developments. Now, what are the developments i am excited about? Now, mind you, i am a businessman in nature so my decisions are based on business instinct and not supported by facts and figures like DK.
1. Tony (haha, first name basis) said recently, Thailand domestic travel back to pre Covid level. So, i guess us Asians are daring bunch. We rather die than not flying haha. I used to take average 80-100 flights a year and i look forward to at least half of that in 2021. I am scared of the needle but i am more scared of not able to fly haha.
2. Well, the game changer for me is actually Tony announced that AA got a digital banking license. Now, i was not an online person pre Covid. However, since Covid, i am at least 50 courier deliveries from Lazada etc. Now that i find it cheap and easy to do online, i doubt what else i gonna shop in malls? Now, now, wait wait, ok. Yes, it's not digital banking. Since i got time, let me long gas a bit haha. Also, during this lock down period, i started listening to Jack Ma on youtube. Yeah, i wished i have heard it earlier than i would have made tons of money in Alibaba. Still, i am gonna buy Alibaba because i believe as Jack Ma said, online thingy still in it's infancy.
Now, in Malaysia, if you wanna talk about entrepreneurship, if not Tony than who? (Maybe Vincent Tan haha!!)
1 thing i learnt from Jack, big data is the future. AA has 60% of Malaysian's information after operating in Malaysia for almost 20 years? So, if anyone gonna succeed in digital banking, i would bet AA.
Now, banking is a money printing machine in Malaysia. Just look at how much Affin is worth. (RM3B and i have never set foot in this bank) Now, i don't know how much AA's worth and i will let it run baby.
Hopefully, you have awaken from your glove dreams and start shifting to AA to help me push up the price so i can retire early.

TQ Gecko. Not lihai. I am glad i am 1 step nearer to early retirement haha


GGecko I m happy 4 u windy74. Lihai
26/11/2020 4:16 PM

hahaha. Let me know when you decided to represent Rakyat. Malaysia needs politicians like you.
Thumbs up

Wow. Why the sudden change within 2 hours?
Are you with PH or PN? I will vote for you in next erection

speakup WC is very attractive. sell mother, swap to WC
26/11/2020 12:20 PM

speakup jaks PE 27x
guess already factored in power plant compared to all other operators (ranhill, malakof, tenaga, mfcb)
26/11/2020 2:34 PM

After calculation. I congrat myself for paying 0.482 for the OR. Assuming if i bought JAKS direct at 0.43, i am making more by buying the OR. For once, i am wet wet song song

Bought more WC at 0.30

WC justifies a bigger premium as it got 2 additional expiry years. I would trade WC due to better liquidity. WB illiquid. WB ok if you spend less than RM10k

luckyman Warrant-B may be a better buy now as compared to Warrant-C since the premium is lesser
26/11/2020 9:48 AM

Careful o. Budget 2021. Don't buy. I haven't accumulated enough haha

o. got at 0.255 open

very frustrating. Q buy 0.555 not hit but wc bought 0.26

Sslee. Hoseh liao. Insas very rich like you having a rich dad. But why still RI ah? JAKS RI understandable since CEO a crook and can't borrow anymore from banks cos bank worry JAKS go bankrupt. But Insas leh?
I appreciate your alternative comments on JAKS to raise awareness. However, are you falling into the same category? Self hypnotize after you hold a company shares? Just a thought.
If you wanna invest in high NTA company, i suggest MUI. The boss is very old oledi wink wink.
I think Insas boss might live longer than you haha.

DK. i believe too. I believe because as a businessman, when i dump in USD2B, that would be the return i expect. Actually even lesser also ok. That's why i bought back. Because at market cap of RM1B, RM70m annual income good enough for me.
Of course la, i hope JAKS boss not like INSAS boss, high NTA later still RI haha

i didn't bother Armada cos it had huge debts and OSV. Now that FPSO Kraken is here, i will buy but no more momey

wow. We got 1 thing in common. Armada. Thanks to you both i am monitoring Armada. While i am waiting to accumulate, you 2 jump ship. So short sighted. O&G will only recover 2nd half 2021 leh

DK. good on you. Even if you were wrong on the profit projection i won't blame you cos it's too complicated for me so must have put in lots of effort.
Definitely a lot more time than the Primary 6 calculation i mentioned earlier. Unfortunately, more people will follow the primary 6 calculation

i owned YTLREIT, MUHIBBAH, HIBISCUS, BAT, JAKS, SAPENR. YTLREIT and MUHIBBAH got 20 comments a year haha. I am talking about the more active one
Yes, to me, i3 forum is a failure because many newbies will get burnt badly after this craze

DK. Social media is toxic. I keep away from social media or forum as much as possible. I own around 6 major stocks and 4-5 goreng stocks but i only dwell here cos i find JAKS forum more sensible.

“Do what you feel in your heart to be right – for you’ll be criticized anyway. You’ll be damned if you do, and damned if you don’t.”
– Eleanor Roosevelt

I have recommended shares to my friends too eg YTLREIT which dropped a lot. But i truly believed in it. I could be wrong but i didn't con people. Con is where you disperse information which you already know it's not true. Eg. taking photo in front of a upcoming glove factory and making up projected profits. Even if the production volume is true, the profit can't be same as Topglove or other established glove players who have been established for years.
A 20s young man could be so naive but if an old investment legend who has been in business for years come up with such logic, then i can only say that either he knowingly con people or he was just lucky to make his money in the first place

Remember. A true friend would tell you the facts even if he knows you won't like to hear

Yes, I reckon it's good to have people like SSlee around. I don't appreciate a forum where only chanting Up up up everyday

DK the best when make money. DK the con man when losing haha

let's c today can break 0.66 not with such volumes

I should rephrase. I don't personally think but i know Dayang management well enough to state so