This is Calvin. This is what he does. This is his song :

https://youtu.be/xctzp0dp9uc

“It’s not what you have but what you enjoy”

I’m usually a very civilized gentleman. In a Telegram groupchat where I get asked about this stock or that stock, I usually give my informed suggestion with the last words “The decision is yours. Your situation is not my situation. It is irresponsible for me to give you a TP”

Having said I’m civilized gentleman : Just diam7 lah some of you here. Jeez…

Berlin, I mean why get worked up or hung up on a stranger?

There’s a really good saying that I *try* to adhere to :

“If you have nothing good to say about anyone, say nothing”

I understand human nature and I’m fallible. I just try talking to myself as often as I can

But only when I’m not in happy hour time :) Hope it’s good beer :)

Berlin, there isn’t any need. Not no more. Never has been and shouldn’t ever be. I recognize your intentions but it’s a bit blase to me and surely to you and other experienced folks that chosed to keep their counsel by not posting anything here in this wonderful i3 world

We focus on current situations, not individuals that seems to have run out of ideas other than to hit the repeat button

He’s just who he was, is and almost certainly will be. You know it

I already gave up giving hints to him here. He continues. And so be it. I just do what I do

Hmm… it maybe worthwhile to take a look….

Thanks probability. HRC is a profitable company with high and increasing debts together with high and increasing creditors and have poor leverage. I repeat what I posted before : Look at the borrowings and creditors increases for the 3 month period of Sept-Dec21 and Jan-Mar22

Their RM800M cannot help them much, this much is certain.

Their dividends payout is downtrending

They may get super normal profits for the last quarter. Not sure if they’ll get hit with super normal tax

Look, I’m not bad mouthing HRC; I only point out the facts that HRC themselves release to the public

Trade HRC, yes

Adcool, personally for me and since I’m a really really smalltimer, I rarely queue nowadays to buy or sell. I used to do it in the past. But due to work commitments I have less time now for stocks. After I have studied certain stocks I’m interested in (and only when I have time for this hobby!), I will just slap. And after buying, when I’m happy, I just hit

The important times for me Mon-Fri for stocks are 9-9.30am, 11am, 11am til lunch break, right after lunch break, and 4pm til close. Those are the normal moving times for stocks

Probability, history is super important. What will be redefined in the future for HRC, may I humbly ask?

John, I already said who the smart operators are. Nothing in stock trading and investment is “unthinkable”. Look at our country as an example

My VIP contact rarely ever reply to my text the same day. When/if he does, it’s usually between 2-7 days later and the reply is very curt. But at least the contact replies

Probability, what are HRC’s historical earnings vis-a-vis share price performance?

Adcool, there are fake sell queues. Plenty in fact. And who can place such queues to sell at the few higher levels of bids? I know

So here’s what everyone here wants to know :

What caused the steep hike in April/May and what caused the steep decline until the price is now where it was before the start of the rise?

* you may choose to replace “what” with “who” in the above. I already alluded to this several times

Looks to me that there’re just many fake sell queues…. very hard to move up coz not enough slapping going on

Woops, surely big typo there buddy

My sell finger getting more and more itchy…

As for the sharp rise and the subsequent sharp drop, re-read my post above, especially the part where EPF and PNB are no longer substantial shareholders. These two companies are smart operators

John, back in 2015 EPF held over 16%. They’d been selling until they now hold just around 2.5%. In 2017, PNB held over 6%. They’d been selling until they now hold around 3.5%

Why did both sell until they are no longer substantial shareholders (ie. that usual “Notice of Person Ceasing” announcement)? Can be a few things… they took profit or they no longer believe in the company and their trades no longer need to be announced (since they’re no longer substantial shareholders)

HRC shares total only 300M

===
Hi Anthony,
Would you kind enough to share with us what aspect of the shareholding, floats and world scenario that have changed so adversely in both HY and PetronM and resulted steep sell down recently ? May be there is something we can learn from you .

Dig into shareholdings, floats and world scenario

Just don’t focus too much on “crack spreads”

Jeri, support yourself

Kelvin will never lose money by buying every single day whatever the share price is unless it really falls really really bad. Even then, after the IPO looong time ago, he’ll be able to top up his margin accounts. You guys don’t get it… I think

You’re welcome, skoh. But monitor it…

Mr OTB, why are you here? To me, saying bad things about a company is waaaay more digestible and acceptable than saying bad things about a person

What is a stock investment after all?

And I had questioned more than once about your “recommended stocks” where you said their fundamentals are good, that you only buy good fundamental stocks. AYS and HY have good fundamentals?

You have never replied my questions. At least when I have the time to check out this forum

A suggestion : There is no more any need to protect your “reputation”. Live a happy life without this i3 distraction. If you’ve made your money, well, that’s it, isn’t it?

Any further need to trap others in your personal pursuit of “There’s no such thing as enough money”? Cmon

Skoh, EPF and PNB are watching this counter. They have enough units to trade their investment. They have no emotions. Foreign funds (despite what our promoter said more than several times) ain’t that interested; their focus on plantation companies is on better yielding ones

Their funds are tied up, especially today.

Sslee, good fundamentals doesn’t necessarily result in hike in share price. Not when the major shareholders (and not necessarily recognized as substantial shareholders) own a comparatively huge chunk (given the float) that can switch margin accounts to trade their investment, have extremely tight shareholdings and have low retail interest

Good fundamentals mean decent leverage. Debt, creditors, cash, treasury shares, NTA (very important), interim dividends (I give HY credit for this)

Share price, sometimes, doesn’t matter. And that’s how the big boys play the game

Probably another excellent quarter revenue with good profits but no dividends

What, you expect it to follow your nick? :)

Still at intraday high right now. 6cts up without any shorting

But I still dunno what to do. What I do won’t make a lick of difference to the price, only whether I get fed up or not

Mr Respectable OTB, saying Hengyuan has terrible fundamentals isn’t bad mouthing the company. It’s called stating facts and numbers that are freely available to the public

Increase in debt, increase in creditors, equity vs liability

Does Hengyuan have good fundamentals? This is a fair question, correct?

Moneyontheway, I was just kidding lah. Just like I was kidding sometime back hahaha

—-
@Anthony, are you 87 years already? how come at this age, you are still working??
just keen to know.

Calvin, stop saying or telling what anyone can or cannot do. Or should or should not do. Or invest in this or that. Or give ridiculous examples whereby no one ever have any logical intention to copy

In my 87 years of life living here in our BolehLand, I have learned there are only FOUR “sure thing” market segments when it comes to going REALLY long

Finally I read a good word here after so long : Gyrate

Makes me think of something I shouldn’t be thinking of

Pak, maybe one day lah boleh TT

I’m just happy you always take that small effort to address me with a capital A

Details always count for me. Happy for you that you can make more than you lose

Ok Pak. That’s your strategy. I’m ok

Today I met with a young Dato Seri. His public company owns just north of RM60M in real estate

But his private vehicles own around RM670M in real estate

Be careful how and where you invest. It’s very difficult unless you know the bosses. By “know”, I mean having met them in person instead of just studying charts and QRs…

Pak, you serious about mentioning that pump and dump guy?

Wait, you swing, I forgot

And I mean no disrespect to him. I respect him for his business acumen. Not his manipulation wrt stock trading

Adcool, no need news report. The announcement not interesting. All of it thproughly digested already. Trading palm oil estates is not interesting

TSH offering to buy up Inno, take it private, bump up their streams… now that would be interesting, wouldn’t it?

Sigh…

Skoh… solar. Dato Eddie Ong

Skoh… I’m concentrated on things but can also be thick at times

* hint

1. TSH price went down the day CPO futures went up
2. Part completion of land trade deal and TSH share price is meh

The buggers are just switching accounts, transferring shares to short

I haven’t sold my remaining shares

So you are sure TSH will use that amount to reduce borrowings? I doubt it. I even doubt TSH needs, or wants, to be a “net cash” company. It wouldn’t make sense to me

Ok, enuff. Time to hit the sack and dream (think…? is it dreaming considered thinking…?) about my meeting with a Dato of a PLC tmrw… nite nite all and hope yall had a good day today

“Further to our previous announcements dated (dates and dates and dates) The Company would like to provide additional information on our announcement referencing GA1-09082022-00017. Please refer to the attached document”

I fully expect some announcement like this tmrw. I want confirmation of legal hand shakes, if such a thing happened

Ooo, I needed to Goog “nugatory”

Nugatory is an escape route for many companies. Even a “I don’t know nuts” reply by a PLC regarding a Bursa enquiry on Limit Up or Limit Down is “nugatory” in the broad sense of the word

Look PSA, I’m still holding. I just want clarification based on my experience. You’re obviously losing money on TSH. It’s obvious. That’s NOT ok, I get you, I really hope TSH share price gets back to at least 1.20 before the end of this month and I hope you can hold on, just like me

But your exposure shows you out. I’m not like several of the folks here…

Calvin won’t know at all

Bullballs, I don’t know. That “Mangkupadi” land is part of the overall land sale

Don’t worry too much about this. Like I said, I’m more interested the word “waived” in the announcement. Likely some hand shaking happened. If so, as long as legal, it’s ok coz it means both parties really want the entire deal to conclude

Bullballs, no. The announcement clarified that the CPs (condition precedents) were either met or waived. The announcement stated only part of the whole land consideration

I’d like Bursa to question TSH the specifics regarding the use of the word “waived” in the announcement…

Pak, also, just to clarify… I’m a small time retailer but I’m also kinda like halfway between a cash account and a margin account…

Pak, almost all “big” funds use margin. They switch their margin accounts from time to time, transferring their shares…

Pak, what is “light”?

Pak, how long or short you mau hayun?

Just curious, won’t affect my style of coz :)

The hard part about playing chicken is knowing when to flinch

17 days to go…