When Datuk will announce how much he has accumulated in the past few days?

After dispose SILK highway, SILK at least worth RM0.80

PERHAPS TAN TUAN PHIN IS CALVIN TAN

Buy before too late..

OMG, Tan Sri Kuek Leng Chan is in the midst of accumulating SSTEEL stock

希望总是藏在绝望后面
皇天不负有心人
天宫疼gong人

目前--》瘦田無人耕
希望--》耕開有人爭
人家没基本面的股都翻倍了。
我的却还在原地打转。

Market continue to bullish this week..
No more selling pressure..
Another round of pushing..
No more chance to load more d..
This round will push to new high for 52 weeks

gwansoo, I mean since ANNJOO is a big player, if suddenly ANNJOO stop purchase scrap steel, then sure market got a lot of free capacity, especially for Northern Market, because Northern only got SSTEEL & ANNJOO.

CSCSTEEL is a very good counter, it has RM270mil cash in hand.
With this amount of cash, it can buyout the entire MYCRON STEEL, and monopoly malaysia flat steel industry.

Ya, donno what they think.
At one thought you want to be retire earlier & financial freedom, at another thought you plan to buy a bigger house for own stay, and increase your debt again.

So when can you retire?

my humble opinion:-

Previously when Iron Ore are at very high price, both ANNJOO and SSTEEL are fighting for purchase of scrap steel (from both local & oversea), and these caused the scrap steel price increase sharply.

Now, Iron Ore price has came down, and ANNJOO start to use Iron Ore as their raw material, instead of scrap steel. In other word, the demand for scrap steel suddenly drop (as ANNJOO is big player), so scrap steel price should be soften, and SSTEEL should be easier to get more scrap steel (no longer need to fight with ANNJOO).

If you look at SSTEEL balance sheet for the last 2 quarter, you will realised that its trade payable has reduce substantially, while short term borrowing has increase substantial. It mean company has raise debts to settle its trade payable.

Why would company do that? In common sense, trade payable is interest free, while borrowing has to pay interest, so no company will raise debt to pay trade payable.

Now I know the reason, it could probably due to:-1

1) Due to the competitive environment (fight for scrap steel), SSTEEL has promise shorter payment term with its supplier.

2) At that time SSTEEL foresee US will raise interest rate and ringgit will be weakening, so SSTEEL quickly settle all its trade payable which is in USD.

Why will give cash, cash is king..
MUI got 2,932mil share...
Why don't announce a share split, make it 6,864mil share.
Then allocate 1,000mil share to syndicate, plus 30mil cash for them to goreng, goreng the share kaw kaw, goreng it till RM1 per share.
Then give the old lady 355mil worth of RM1 share ( which is approximately 5% of MUI only).
After give, then let the share price plunge, from RM1 drop to 10sen, then the old lady left RM35mil worth of share, plus 1000++ jimmy choo shoes

Leo大，真心谢谢你在这387天提供的知识，从你身上学会了很多。

clieman, yup, 99% CT is JM

Leoting is one of the forumer / blogger I respect, all his article has contribute a lot of knowledge for me. So please don't bad mouth on him, i don't want to see another good forumer left the forum.

If you wan to bad mouth, you can bad mouth on KYY, because his article really useless, always repeat how much he earn from VS, Latitude..

Calvin, you are not familiar with Harrison.

You donno what happen on the Kastam incident?
You donno why Kastam go after Harrison?
You donno what Harrison has been done until it get caught by Kastam?
You donno what is the impact after it being caught by Kastam

If you know all these, then you won't buy Harrison, as it will never go back to its glory times.

" Exciting Times Ahead"

This was the title that Mercury Securities used when it write the research report on Digistar.

eresearch.bursamalaysia.com/download.aspx?id=19224&type=research

Look at Digistar 5 years chart, so beautiful.. Extremely BULLISH.
The uptrend sure come...
Mini Term: RM0.25
Short Term: RM0.30
Middle Term: RM0.40
Long Term: RM0.60

Repeat gain, LEONFUAT will be the next PRESTAR, it will surge to 90sen level

TMMC, I can't sure until the announcement made. But judging from the transaction pattern, I'm quite sure Datuk is buying.

Lchits, you own a lot of Digistar? If you have own it for around 4 years, then your cost must be around 30sen.. Have you average down? Why you don't want to sell when it rebound? Other than Digistar did you buy any other stock?

No need Candy B+, what we need is OT B

Lchits, yup, Dato is buying.. Seem like you also very familiar with his style.

Lk036, sometime if a share continue to drop, then your emotion won't feel like want to buy d.

To earn 4k per month, very easy la. (50% chance)

Let said one month got 20 trading day, so each day you only need to make RM200.

How easy to make RM200, for example, 9:30am you buy 50,000 lot of A share at 22.5sen, then at 10:00am it move up to 23sen, then you sell it.

Your gain is 50,000 x 0.5sen, so you earn RM250. Then deduct brokerage fee RM50, you net gain is RM200.

BUT.... what happen if you loss? If your share drop from 22.5sen to 21.5sen, then you will loss RM500.

To win back this RM500, tomorrow you double your investment size, you buy 100,000 unit @ 21.5sen on the next day, then very unfortunately market crash that day, your share drop to 16.5sen, then you loss RM5k again.

So the moral here is, it is very difficult to win everyday or every month continuously.

Today one old school mate whatsapp me, ask me whether I heard about this counter called DIGISTA, he said his client recommend him this stock, said got very good potential wor...

Then I reply:- " If you got free money on hand, then buy. If no free money, please don't buy, as you chance to win is very low. The longer you can wait, the higher chance you can win. Just like gambling bacarrat, if your money just can last for 3 game, and all 3 game you bet on player, then very high possible that the result for 3 game is Banker, then you lose all. But if you have enough money to last for 100 games, then different story, very high chance your "player" bet can win.

Then he reply:- "Noted, I just ask for fun only, no money to buy".

Typo error

First of all, you need to understand what is "closed period".

"Closed period" means a period commencing 30 calendar days before the targeted date of announcement to the Exchange of a listed corporation's quarterly results, up to the date of the announcement of the quarterly result.

Under bursa's regulation, when a director intend to buy/sell the share during the "closed period", he must make announcement to Bursa first, before the he can buy/sell the share.


So, today Digistar announcement bring out two important point:-
1) Today is 19th April, so it mean Digistar will announce it quarter report within 30 days from now.
2) Datuk Lee plan to buy / sell share within this few days. If he sell, that mean is good sign.
If he buy, then very good sign.

Shit, after I read the whole article and I can't find any grammar problem with the article.. Now I start to regret why I didn't put effort to learn english when I'm young.

Out of topic.

People born in 1950 - 1970 like invest in share market.
People born in 1971-1982 like invest in property.
People born in 1983-1988 like invest in share market & property.
People born in 1989-2000 like invest in money game.

My LeonFuat become Leong Taufu, lembir lembir one, no more huat d...
So feed him with Candy B+, then it will limit up.

Just a survey, anyone ever play contra on Digistar and make more than 5k?
Based on my observation, I think very hardly got people play contra on this counter and make money. If not mistaken, more than 80% contra kaki are making loss on this counter.

So, this counter only suitable for long term player which have holding power and time.

Lim family disposed 3,000,000 shares @ RM2.68 = RM8,040,000.
Wow, laughing all the way to bank with RM8mil on hand.
If this RM8mil go and buy SSTEEL, probably can push up SSTEEL to RM1.50.

Probability, thanks you for using math to prove my decision, salute.

I am not as smart as you, I merely think that SSTEEL is not a bad company, SSTEEL has good quality product, and it has bigger capacity, and most important is that its share price is still very low, got great potential to surge up.

why chinwell drop everyday?

转亏为盈的公司是最有爆发性的，尤其是当这个盈利是可以持续的，而不是一次性的。

今天市场很静，所以我来重复我的评语：-

Digistar每一次下调或横摆时，都是入股的好时侯，因为这一只股票一定是向上爬的，

因为：-
1） 它的收入会越来越好（稳定的concession收入，越来越多的CMS保安收入和酒店收入）。
2） 它有利息开销会减少，因为他的债券每年都会赎回一部分，所以利息只会越来越少。
3） 它可能会派息，因为到2016年12月为止，它的现金有RM60mil，在加上这几个月的concession收入，和将会收到一笔RM66mil的政府付款，所以我预测它未来几季度到财务报表，最少会有RM130mil的现金。这些现金可能会拨个RM9mil来派出RM0.015的股息，以回馈股东在这几年的支持。Datuk Lee 这几年也自掏腰包和用margin买了不少自家的股票，相信他也很需要股息来偿还margin的利息吧。
4） 它去年买了两块地，位于melaka cheng，是属于很好的地点。买地是通过竞标得回来的，按照现在的市值，这两块地保守估计已经升值最少RM7mil了（因为他们标到的价钱很低）。Datuk表示他正在向马六甲政府推介这块地，看看能不能为政府起个什么大厦，然后再用concession的方式租给政府。
5） 很有可能短期内会公布一项大计划，之前公司说过正在竞标1亿2000万令吉谘询服务合约以及5亿令吉建筑合约。
6）现在目前已有Mercury证券推介这只股票，而Icapital也有留意它，如果再来个CIMB 或 RHB 大行推介它，那就爆发了。2011年是CIMB曾经推介它，那是股票上到RM0.60.

Trust me, very unlikely. becoz company will have RM130mil cash by Jul'17.

If I'm datuk, I will only call for private placement, after I push my share price to 60sen, then I give private place at 10% discount, 55sen.

Actually TTB is a very knowledgeable person, if he don't have the knowledge, how can he setup Icapital and become a fund manager.

Back to years 2012 and before, he was respected by many investor, many people name him as "malaysia warrent buffet" at that time, because he practice value investing.

However, since 2012, he start to predict market will be collapse, so he stop buying share. As a fund manager, when he predict something, he is sure based on some facts & figure, he is not simply give that kind of predict.

Unfortunately, market does not collapse as per his prediction, market continue to climb up, many retail investor make money from market, and they start to think themself better than TTB.

Then people start forget the capability of TTB, ppl called him idiot, call him noob, everybody claim they perform better than TTB.

For me, he is still a very good fund manager. Since he changed his mind this year, and he start invest his money, let see by end of the year, your performance better or his performance better.

I believe two more years later, people will start call him "Malaysia Warrent Buffet" again.

Apollo Ang, I small player only, only 5,000 units.
My 5,000 Annjoo converted become 10,000 SSTEEL.

harlem, no more private placement in short term, unless it has secure another big project.

Hunger, my cost for Annjoo is approximately RM2.05, I have made a nice 40% gain on Annjoo. So I decided to move to other steel player.

Hunger, you have not done enough research, do doubt Annjoo is a very good company, but SSTEEL is not a small player like you mentioned.

In term of capacity & size, SSTEEL definitely bigger than Annjoo.

The only advantage is Annjoo have the hybrid blast plant, while SSTEEL only have the traditional plant.

For me, ANNJOO is like CSCSTEEL, very nice management company, very healthly balance sheet, very high margin, very high dividend.

But SSTEEL is like MYCRON, very good quality product, very high potential to go up.

Look at last year chart, from Jul 2016 to Nov 2016, CSCSTEEL move from RM1.30 - RM2.20. 70% gain. At the same period, MYCRON move from RM0.40 to RM1.10 (almost 200% gain).

harlem, you didn't read my comment, Datuk DIDN'T disposed any share, the share is disposed by Datin Wa Siew Yen.

4 years ago, when Datuk sold its Digista-WA, Datuk dispose 30mil Digista-wa in one day, all the retailer who pick it all die. Because Datuk sold at 20sen, and as at Jan 2017, Digista-wa worth 2.5sen only.

This shows that Datuk is a typical businessman, when he know his company are overvalue, he will sell it, but when he know his company are undervalue, then he will buy it.

Since Datuk accummulated so much of Digista from market at price 15sen-30sen, then you should know Datuk believe its company can exceed 30sen.

Siewann19, good point, If I am Datuk, if I plan to sell, I will sell 30mil shares. I will few million everyday, wait until 3-4 weeks later only announce to Bursa. When you guys get the news, my 30 million share already change to your hand... haha.

I won't so stupid sell 1.5mil share which worth RM300k, then immediately announce to Bursa to inform the whole world I'm preparing to sell share, please run everyone.

Today I sold Annjoo at RM2.80, and switch all the fund to SSTEEL.

5,000 Annjoo can convert to 10,000 unit of SSTEEL.

Reason:-

If Annjoo really can touch RM3.20, then I believe SSTEEL will be at RM1.70-1.80 level.. So in term of percentage, SSTEEL has higher return.

In term of risk, let said market suddenly cool down, I think SSTEEL maximum drop to RM1.10, but ANNJOO anytime will drop back to RM2.20. So after consider the risk & return, I decide to go for SSTEEL.

I sold Annjoo at RM2.80, and switch all the fund to SSTEEL.

If Annjoo really can touch RM3.20, then I believe SSTEEL will be at RM1.70-1.80 level.. So in term of percentage, SSTEEL has higher return.

In term of risk, let said market suddenly cool down, I think SSTEEL maximum drop to RM1.10, but ANNJOO anytime will drop back to RM2.20. So after consider the risk & return, I decide to go for SSTEEL.

Hi everyone, don't worry, Datuk Lee didn't dispose any stock.
Datin Wa is the one who dispose the stock.
Datin Wa left less than 1 mil unit stock on hand.

Why Datin dispose share? I'm not suppose to comment people family relationship, but common sense you should know why.

Copy from BB_Trader, and I modified it to apply on SSTEEL

SSTEEL
FV: RM3.60

Positive
1. Steel price - steel bar prices steadily rising on the back of china capacity cuts program.
2. Steel demand - increasing driven by construction booming following most contractors having all time high orderbook. Furthermore, recent safeguard duties for the next 3 years will push contractors to buy steel locally.
3. Earnings outlook - should maintain or higher than last quarter profit - RM45m. If annualised, they may deliver up to RM180m.
4. Powerful shareholder - Kwek family
4. Technical - bullish - MAs, MACD, RSI
6. FV - if net profit of RM45m continue to be delivered, SSTEEL is fairly valued at RM3.60 based on 8x PER.

Nice closing... Same word, buy now, at any price, becoz it will fly soon.