Sslee. That's what i highlighted. Yes, undervalued land assets ie high NTA right?
I once told the stories that many rich second generations in my town keep bragging about their fathers wealth. Yes, their fathers are richer than me but for the foreseeable future, i am richer than them which making a meagre salary or hand out from their fathers. With life expectancy now in the 80s, this so called 2nd gen rich could only enjoy the riches in their 60s.
Why bet on uncertainty while you can grapse certainty?

Sslee. While i am still an amateur in investment, i would like to point out the flaws in your investment decisions. I realise you tend to choose companies with high discount to NTA. While it's "safe" decision, but what you should evaluate is "why"? Are you the only investors in Bursa who found these gems? If 1 counter is consistently selling at huge discount to NTA, there must be reasons. Unless of course, if Bursa is full of dummies!
Bursa definitely got lots of water fishes but the smart one actually never comment here (then you know our levels haha). So, can't be noone ever found out your gems right?
Get Bplant as an example. While i know little about oil palm which you should be expert, i puzzled why you bought Bplant for investment? From my limited recollection, those GLC always make losses which other companies like IOI, KLK etc making profits? At your age and experience, you should know WHY right? Yet you bought Bplant because it's at a discount right?
When Warren Buffett talked about value investment, he is talking about a profit growth company temporarily selling at discounts because of market conditions. BPlant got profit growth meh?

SSlee. At current price with PE more than 60, it's definitely not cheap for me. I guess it depends on how much % growth DIY could generate going forward. Not for me. I rather go for Google, Alibaba, Apple (for now).
However, it's definitely better than Senheng.
1. high margin and high stocks turnover
2. Long way to go before saturation due to low price items
3. Online store no competitive advantage due to low price items (I have compared online, price either no difference or so insignificant, i just don't bother the hassle

Having said this, i am not buying DIY. Neither am i for Insas at this price haha.
In fact, Insas's upside is limited even with Inari bull run last year and if technology stocks correct further your wish of 0.50 might come true. But i will be queuing at 0.51 to buy 3 mil shares to beat you being the top 30 haha

Well written. It's always important to know whether a company's listing is an exit strategy or need funds to grow. How many more senheng can they open in Malaysia?
In 2010, senheng was my go to store but now with new competitor Harvey Norman in town, no more. Senheng staffs always busy surfing phones (better at Harvey) and many old stocks. Now, that's a sign!!

i just added more at 0.965. I agreed that Hibiscus was too hot at 90m shares yesterday but what prompted me to add to my position is because all the stucked holders sold their shares and price still up

The chart above is natural gas price. Repsol is 50% gas. Which is considered cleaner energy for the green activist. Good for my kids.
But for me, my main interest actually in the price. As said by Petronas CEO lately, natural gas price has increased from average less than $3 to now $20 plus. Now, if my knowledge is correct, cost per barrel of oil around $20, at $80, that's 300% profit. Natural gas cost around $2 plus and $20 that's 800% profit at least.
Palm oil cost around RM2k and at RM5k price already pecah lah.
You learn maths right in school?

https://www.eia.gov/naturalgas/weekly/

kaki judi can believe then female pig can climb tree haha

i3lurker sudah tukarnama ??

all those bet bet gambling judi says will change name? if dun go over 90 sen???
20/01/2022 2:55 PM

SSlee.
Jim Cramer is not God but someone who i listen to. This might be your answer for O&G boom and bust cycle? In fact, from my readings gathered so far, not only oil, metal commodities also same conservative approach on production expansion. Hence, i anticipate high resource prices for years to come. Most people will suffer from high inflation. One way to hedge against that is to invest in oil, metal resource companies.
I just took an Airasia flight on Tuesday to visit Petronas clients and it was 70% full. I was told that all budget for 2022 has been approved 100%. (2020 cut 45%, 2021 25%) 2023 gonna be even better. Now while you are waiting for Insas to be taken over or the major shareholders came to their conscience to give you more dividends, let's buy some O&G stocks, especially Hibiscus.
Don't just enrich your Insas directors la, help push up Hibiscus so i could retire at 50

https://www.cnbc.com/2022/01/19/jim-cramer-who-once-saw-oil-stocks-as-uninvestable-explains-new-view.html

SSlee. Insas is in my watch list. My opinion, 0.91 worth buying? I am looking at Insas's trading range over the last 5 years as a guideline instead of NTA. If you got too much money and can wait, no issue. Otherwise, can always wait.
I will buy and sell when reach RM1, so 10% gain is not appealing now

Existing Hibiscus shareholders feel frustrated with the slow move because you are not reloading on Hibiscus shares. Just imagine if you are still accumulating Hibiscus shares, what would you do? Of course the lower the better right?
If i were accumulating, i would keep quiet and queue big sell orders at few prices to create an impression that there are many sellers to flush out weak holders. Also, i won't want Hibiscus in top volume page cause many speculators buy whatever in top volume. Once you understand this and you see an uptrend stock price, albeit slow, it's good sign. The last round faced correction because every tom dick harry were here (70m shares a day) and ngam ngam oil price correction.

kakiminyak has a 70% chance no need to change name. My boss said petang will sapu

themeg. So you prefer a pyramid scheme guy over TF?
Mike. Actually i find your arguements valid. I suggest you exclude Haha in your postings. Perception is important.

SSlee. I am interested in your analysis on CPO price moving forward and the justification

BTW SSlee, Bplant is it Boustead or Bintulu plantation?
Both i also curious why you buy them. Boustead GLC, I never buy GLC for investments. I am sure i don't have to draw the cartoon with usus.
As for Bintulu plantations, same problem with Jtiasa.
If you wanna buy Sarawak palm stocks, top choice SOP. Second choice Taann

Armada is good but what's the revaluation catalyst with higher oil price? They are FPSO charterer with fixed rate right? So, oil price USD60 or USD100 makes no different. Only catalyst would be new FPSO contracts. That, i would say Yinson is a better FPSO proxy.
As for palm oil, you are the expert. Can we expect sustainable high CPO price?

Now, talking about pump and dump, let me promote a pump stock Hibiscus.
Oil price now USD86 in case you didn't realised cos Ron95 still stays at 2.05 thanks to our government subsidy. Hibiscus gonna count money till hand tired haha. On top of oil price, their production are tripling from before pandemic. For me, USD60 already very good but at USD86, that's excessive. Don't you see Petronas earning record profit?
Now, before you turn trigger happy and buy up all O&G counters, STOP. Oil producers are making tons of money, not vendors or service providers. Oil producers cost of production has dropped tremendously. Guess at whose expenses? I am in O&G business myself and if you talk to all vendors, same stories. Margin keeps dropping every year. That's of course except Serba, they are in a different league and universe. Their profit margin depends on how much Encik Karam wants.
Will O&G vendors recover? Activities already recovered so profit should improve. Should. But the best are producers.
Now, i have to let you know that i hold substantial shares in Hibiscus and i am not helping you but helping myself to reach my retirement target earlier. When you pump, i gonna dump

SSlee, Thaipusan no holiday in Indon right? Why so free?
Enough bashing la, why you hate Tony so much?
That aside, i read from your posting from Maybank that the superapps valued at USD1B? So, i would like some feedback from forumers here about user experience.
My own experience with AA flights are good. Even non refund i got no issues cos Airbnb and MAS also did the same thing. Otherwise, AA would have bankrupted by now already which i don't wanna see. Then MAS gonna charge me RM1000 for my flights again.
However, i have tried AA superapps, honestly is it just me? I find it super user unfriendly. So far, i use Grab apps, Fave, Food Panda and even TnG lately due to toll and parking but not Airasia superapps. So if my experience is not unique and yet can value at USD1B, i don't know Maybank dumb or smart

SincereStock. How long have you been investing? You agree that Tony is the driver of AA? If yes, then Tony's integrity has everything to do with future of AA. That's how it should be for all companies including the company that you worked for.
Now that's the tip for your career life

Sslee. I would like to think myself being a decent person but if you were at the top of the food chain, there's more than balls you gotta worried about.
Jack Ma had balls but now his balls shrunk too

Let's differentiate between CEOs that's out to cheat and those that tried but failed. Bursa is full of CEOs that's out to cheat and i would like to think that Tony is not one of them. Of course, i don't know Tony personally and it's just based on my observation. How many here knows Tony personally to judge definitely he's a crook?
I am forever grateful that AA came into existence so i could fly cheaply. Especially when i first went into business and every ringgit and sen counts. I stayed up all night from 12am to 6am so i could book my RM9 per way ticket for the whole year. And AA services never disappointed me.
In 2021 i took only 1 return flight on AA and it was 70% full. Of course, AA results will be affected still due to reduce flights and capacity. International flights still unknown. I had taken more flights in 2021 on MAS than AA and gonna continue so in 2022 due to schedule and indifference in prices.
I foresee aviation alone, AA gonna have a tough time still in 2022. However, does it mean that i wish AA to fail? Definitely not. AA is the reason we got cheap fares nowadays. However, we got to be realistic whether it could sustain being a going concern? Personally, i believe AA can as Tony has proven his entrepreneurship. Having said that, it doesn't mean it's wise to become a shareholder of AA, since the hole will be very deep to cover.
AA is on my watch list and i wish AA to survive the unfortunate pandemic

writer. please forward all your evidence to SC for investigation. You are likely disgruntled ex employee but still good for cheaters to be caught

I buy shares of 2 types of companies
1. Profit growth. Not necessarily exponential growth but growth. Then i am looking at capital gain from share price growth. Paying dividend is a bonus.
2. Dividend shares. I am looking at income stream.

Of course, there are various other reasons to buy shares
1. Deeply discounted share price vs NTA. (Waiting for take over or owner to die)
2. Speculative stocks (I find my odds better at Genting baccarat. Even if lose, i get free rooms and meals)
3. Charity. Companies that constantly do RI or PP. (Help the owners & kids to go holiday or buy super cars)

if today volume persist, Hibiscus would say goodbye to 0.83 and 0.85 soon. Someone has accumulated enough at 0.81

Now let me be a technical analyst for a day for those who wanna trade short term. Hibiscus continues it's uptrend from a correction bottom of 0.70. After numerous tries, it has broken the immediate minor resistance at 0.81 and stayed above it. A minor resistance stands at 0.83. There after 0.85. For trigger happy people, take profit at these levels.
You are welcome to be trigger happy but don't let me despise you for coming back here and chant down Hibiscus after sell. If you are like majority of others who can't bear to see others prosperous, you will become the majority.
All the best in 2022



Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

Dec 7, 2021 2:57 PM | Report Abuse

Let me be a technical analyst for a day. Hibiscus has broken the immediate resistance and next resistance at 0.81. If breaks 0.695 runs

Hoot9e. After ex date, Hibiscus theorectical opening price will be adjusted to reflect the dividend. In this case 0.01 which means opening price will be 0.805.
A lot of people try to buy ex dividend stocks thinking they could instantly earn the dividend paid. Eg. with gloves high dividend now. That only true if the share price could increase equivalent to the dividend paid. In Hibiscus case, 1 sen. Means if Hibiscus up 1 sen then you have earn 1 sen dividend. Otherwise, there is not earn or lose on 31/12 price

i always puzzled why Malaysians keep falling for pyramid scheme, macau scams etc. Till i witnessed all the still hopeful in SD forums.
While the hopefuls are hopeless, those that hailed KPMG also not seeing the full picture. While i am not an accountant, i can bet my underwear that the accounts are fictitious not for 2020 alone. So, why KPMG only raised concerns in 2020 and not 2018 and 2019??
In my opinion, KPMG just closed 1 eye as long as they got their fees until they realized the shit gonna hit the fan (Dumb Karim exposed himself with the middle east news). Only then they knew they need to wash their hand and distance themselves.
SD shareholders should sue not only the directors (you win also not gonna get any money) but KPMG for their negligence in duties. Now, this is your only chance to recoup some losses.

now let me promote YTLREIT. why i bought YTLREIT?
1. high yield. At least 8 sen a year dividend from 2022 June year. Now 0.915
2. good management. YTL deferred payment but not discount of rental during Covid which could be easily justified. Now this is just integrity just like Tan Sri Vincent Tan wanna sell the legacy brand SINGER to BERJAYA. I have such fond memories of SINGER from my 80s. Thumbs up to a boss like Vincent Tan
3. Jack Ma said future generations gonna travel more. So, hospitality should be good. I don't prefer offices, (work from home trend if continue. Of course if undervalued different then) or malls (I enjoy shopping online since 2020)
Now, i have to declare that i am a substantial shareholder of YTLREIT. I am very rich and founder of companies like bitcoin, MBI, online gambling blah blah blah. I don't need your money to push up YTLREIT. I am just helping you!!!!

twynstar. great mind think alike haha

a simple google on public bank share found a return of 240% since 2006. I am sure actual return is higher than that but i no eye see.
You bought at 0.95 was very high but Hibiscus is a fundamental stock. I believe only 1 year down the road it's considered cheap

Joryus. You can try and explore different methods. Who knows, maybe you are good at it?
I started investing/speculating/gambling at the young age of 20. I have done forex, futures, contra, casino and share investment. I know all about basic investment strategy but never bothered to investment in solid companies because i deemed them too boring. Compound return 10% per annum?? Boring.
At least for me, i lost my pants and underwear. Since then, i don't wear underwears. If it works for you great. But i doubt. So, you gotta reach a point that you need to surrender and do the boring things, invest in fundamentally boring stocks. It was a no brainer even during year 2000 to buy Public Bank. Those who deemed Public Bank too boring like me and many others would have negative returns in 2021 then the boring guys. I dare not see how much they have, but i know a lot.
Lucky i repent

joryus4855. I had a browse with your previous comments. Seems like many cut loss. While KLSE overall sentiment bad and expects to continue into 2022, what we should do is to evaluate our past actions and evaluate how we could improve in future. Life is a journey of continuous learning and only when we realise our mistakes, we could improve our future performance.
My guess is that you always buy top volume stocks. You would know better the winning rate right?
Why not buy stocks with fundamental?
Go learn from grand pine Alfred Chan. His advise is good.

Insas shareholders, do correct me if i am wrong. Just a brief observation from data above. Insas's other businesses are making money in 2018/2019 of at least 40m on top of Inari dividends. However, 2020 and 2021, actually other businesses are losing money? About 20m losses in 2020 and actually worsen to more than 50m in 2021? If my observations are correct, then Insas's shareholders need to ask, whether the trend is temporary or long term? Eg. share broking deteriation in profit likely gonna be long term (brokerage as long as RM100 max for Rakuten. Broking house is making money not from brokerage nowaday)
Moving forward, Insas has any profitable business apart from Inari? If Inari is the only profitable investment, does it justify paying millions every year for overheads on operations?
Just my opinion for you to ponder

SSlee. Your best friend CEO refused your dividend proposal? I would like to know what you think of it?
Many well managed companies now have a clear dividend policy. I could understand a high growth company not paying dividend but Insas?
Any logic for keeping all the funds? So can put in FD for 2%? Or actually another Inari gem identified? If your best friend CEO got insider news, please pm my inbox

This pearl white is another typical example of paying peanuts. His write up is so confusing. Remind me of the newly appointed chairman

I have highlighted many times before. Chef Karim problem is because he is unwilling to pay for quality ingredients. You don't see INIX, Focus or whatever shit got into such troubles right even though the ultimate motive is the same.
Typical Sarawakian chinese boss mindset. You pay peanuts, you get monkey.
Those mistakes were so obvious by his account departments. I don't blame them knowing how much their pay is.
I warned my account to avoid these silly mistakes as we are planning listing too

UOB report is outdated. SK3000 pipelaying vessel has been sold. The report said not yet. Kasawari will never go to Sapura. Only MMHE. People who understands O&G will understand why.
Anyway, i am buyer today at 0.05 - 0.06. QR will be out by month end. I expect improve performance.
Yes, Sapura expanded too aggressively during Tan Sri tenure. The current CEO will be more prudent and conservative. Don't you see the old management team has been replaced gradually?
While the short term outlook is not positive, 0.05-0.06 in my opinion is ridiculous for the biggest O&G player in Malaysia.
People are willing to value Chef Karim SD restaurant more than Sapura? That's illogical

Let me be a technical analyst for a day. Hibiscus has broken the immediate resistance and next resistance at 0.81. If breaks 0.695 runs

Tobby. I despise people like you. After buy chant up. After take profit wants the stock to go down. People like you are why this world has no hope

Windy1974 Promotion time since JAKS is so boring. KLSE is dead and i expect this situation to persist into 2022. With the revision in stamp duty, pump and dump syndicates will face harder chance to cari makan. Cos creating volumes will cost them dearly unlike previous. Personally, i am glad. Cos it means less speculation and more investment. Do go and listen to grand pine Tan KW. He is a very good, conscious guru. I understand he is not Malaysian? So sad we need a non Malaysian to teach us about share investment.
I bought into Dayang today and added more on Hibiscus. Both O&G counters. I am in O&G so i know a recovery is imminent. Hibiscus turnaround in profit will be significant from 2022 first quarter and Dayang would see recovery by 2nd Q 2022 latest. I don't foresee Dayang could scale new heights in profit of 2019 but we started at a low base with 0.83 and a market cap less than RM1B. The added bonus for Dayang in 2022 onwards is the demise of Serba. Only 3 companies could fill the vacuum left behind when Serba goes bust. Dayang, Petra and Sapura. I bet Dayang gonna get the biggest share of it. Of course, we are not talking about RM7.7B orders. But addition of RM100-200M contract a year possible.
In no mood to write further. Happy investing
29/11/2021 10:57 AM

Windy1974 Promotion time since JAKS is so boring. KLSE is dead and i expect this situation to persist into 2022. With the revision in stamp duty, pump and dump syndicates will face harder chance to cari makan. Cos creating volumes will cost them dearly unlike previous. Personally, i am glad. Cos it means less speculation and more investment. Do go and listen to grand pine Tan KW. He is a very good, conscious guru. I understand he is not Malaysian? So sad we need a non Malaysian to teach us about share investment.
I bought into Dayang today and added more on Hibiscus. Both O&G counters. I am in O&G so i know a recovery is imminent. Hibiscus turnaround in profit will be significant from 2022 first quarter and Dayang would see recovery by 2nd Q 2022 latest. I don't foresee Dayang could scale new heights in profit of 2019 but we started at a low base with 0.83 and a market cap less than RM1B. The added bonus for Dayang in 2022 onwards is the demise of Serba. Only 3 companies could fill the vacuum left behind when Serba goes bust. Dayang, Petra and Sapura. I bet Dayang gonna get the biggest share of it. Of course, we are not talking about RM7.7B orders. But addition of RM100-200M contract a year possible.
In no mood to write further. Happy investing
29/11/2021 10:57 AM

Promotion time since JAKS is so boring. KLSE is dead and i expect this situation to persist into 2022. With the revision in stamp duty, pump and dump syndicates will face harder chance to cari makan. Cos creating volumes will cost them dearly unlike previous. Personally, i am glad. Cos it means less speculation and more investment. Do go and listen to grand pine Tan KW. He is a very good, conscious guru. I understand he is not Malaysian? So sad we need a non Malaysian to teach us about share investment.
I bought into Dayang today and added more on Hibiscus. Both O&G counters. I am in O&G so i know a recovery is imminent. Hibiscus turnaround in profit will be significant from 2022 first quarter and Dayang would see recovery by 2nd Q 2022 latest. I don't foresee Dayang could scale new heights in profit of 2019 but we started at a low base with 0.83 and a market cap less than RM1B. The added bonus for Dayang in 2022 onwards is the demise of Serba. Only 3 companies could fill the vacuum left behind when Serba goes bust. Dayang, Petra and Sapura. I bet Dayang gonna get the biggest share of it. Of course, we are not talking about RM7.7B orders. But addition of RM100-200M contract a year possible.
In no mood to write further. Happy investing

I visited Ranhill Worley in 2005 as a sales. They occupied at least 10 floors in a grade A KL office. In 2006, i visited YTL engineering in Bukit Bintang. I was shocked to say the least when i was informed by YTL engineer that they only occupied 1 floor.
FYI, SSlee

Let me promote a bit to INSAS shareholders since you are looking at value.
YTLREIT. The management decides to delay rental payment instead of outright discount. Now, this is what i call management integrity. YTL bosses can easily justify a rental discount as it's the norm but they didn't. So, from mid 2022 onwards, i can expect 8 sens dividend for at least till 2025. Thereafter 7 sens if no rental increase. At RM1, it's 7% yield. Good for retirement passive income.
Now, you don't have to sell your Insas to buy YTLREIT.
Now, as the famous saying, i don't need you to push up YTLREIT, i am just helping you haha

Great. Make i3 forum a place to debate and not attack.
Can the majority shareholder exercise the warrant and exceed the 33% treshold and trigger MGO?
Actually trigerring MGO is not an issue, the issue is can minority shareholders stop an unfair MGO?
Many investment banks always wrote, unfair price but at the end minority still no choice when acceptance could trigger delisting. We won't wanna hold on to a privatise shares right? So, this is a general discussion instead of targeting at INSAS.
Remember below blog? I believe Philip is a genuine character too (albeit eyes only see sky) but doesn't mean he won't be wrong.



Blog: Why I bought even more SERBADK bonds and stocks

Jun 15, 2021 10:14 AM | Report Abuse

Sslee. I guess we finally have 1 thing in common. We are too dumb to understand sifu Philips. That's why he is worth so much more than you and me. Period haha

I trust SSlee. I can tell he is a genuine character. But who knows, i have been wrong at judging people many times.

I wonder in Bursa history. What would happen if majority share holder offered mandatory takeover at grossly undervalued price? Most of the time they failed or win?
This is not accusing Insas ok. Don't need to get defensive.
Bursa should have better regulations to protect the minority shareholders. Eg. can't offer less than 70% of NTA etc...




Stock: [JAKS]: JAKS RESOURCES BHD

Nov 18, 2020 9:48 AM | Report Abuse

SSlee. Yes, JAKS could be a value trap. Since you touched on this topic, i would like to comment on your Insas too since i could see that you believe in it a lot? It's not to bash Insas but giving you an objective perspective.
I didn't study Insas in details but i guess the arguement to buy Insas is because the net asset is worth easily RM2 to RM3 vs current share price of less than RM1? Now, that's more than 50% discount and look like a no brainer. However, the share price higheest was only 1.20 in the last 5 years? Now, i had invested in such companies before and would like to share with you my learnt lesson.
Let's give you an example. In my town, there are many 2nd generation rich which liked to brag about their father's fortune. Unfortunately, those riches are NOT theirs, until the father died. Worst, if after father died, mother controls assets.
So, these 2nd generation rich are actually earning a meagre thousands every month and probably wishing their father dead.
I would say Insas would be the same. Why RI when the company so rich?
You were bashing JAKS RI, rightly so. Isn't Insas worst? Yet you are still holding their shares? To me, waste of time.
Well, i HOPED JAKS different. We all hope right...

Sslee Just a curious question what if ALP refuse to give dividend and press down the shares price in order to give himself the free shares grant under LTIP to save on paying income tax. Will JAKS become a value trap?
18/11/2020 8:42 AM

Btw, for those who argue that why Karam didn't sell mother shares instead of warrant. FYI, if you could understand. When you sell pledged shares, you can't collect the proceeds. The bank would retain the proceeds in the event that the pledged account doesn't meet the margin requirement.
Now, please say TQ for learning something new today apart from online gambling

Waterfish SSlee. Good to see you in Serba forum trying to fight for minority share holders right.
May i ask those Xingquan shares how much you bought at? Trying to pour salts on your wounds haha since i know you can take jokes.
Please ignore this Mabel. You would realise that by her account (Hopefully is her), she practically owns all shares in KLSE. So, Serba goes to zero she would have lost 0.1% of her portfolio. Any shares limit up in Bursa she can brag about it. Salute
While my allegation on Serba was speculation, i don't think i need SIR to have my final verdict.
My next question is what Bursa and authority gonna do about it?
Another fugitive JLow? Of course la, this one don't have China protection.

Well i don't know Philip well enough to comment. Even with 1000% return, you need RM5mil starting funds to become RM50mil. I have substantial share holdings too but it started from my business income. Even with an income of RM20k/mth and RM10k savings, i couldn't have accumulated what i have now.
My typical Shell friends who retire with last drawn salary of RM30k should have RM3-5mil. Last drawn of RM50k RM6-8mil. With 2 kids study overseas, RM1m less lah. Assuming you have RM8mil stocks, you gotta earn at least RM40k/mth since 2001?
Very impressive for palm oil industry