Read about how the CIA (Deep State) is attempting to topple the US president:

https://www.globalresearch.ca/political-warfare-in-washington-enters-new-stage-firing-of-former-fbi-deputy-director-andrew-mccabe/5632687?platform=hootsuite

O boy. how will koon, koony his way out. No vol. Price stuck. How to unload his millions of shares?

Aiyo, what is this anti-russia propaganda doing here???

the only ones undermining western democracy is western politicians.

The market is down overall. So yes of course, it isn't surprising to see Sendai down.

It should be quite obvious to you. Its nothing to do with fundamentals,

It has everything to do with sentiment.

Have a pleasant weekend.

Um KC, do you really want to go down this road?

Lets take a look at some of your calls

1) Prolexus - Down from ~2.60 to 73 sen today (nice steady downtrend for 2 years)

2) Latitude tree - 8.00 to 3.69 (2 Year downtrend)

3) ECS ICT - 1.78 to 1.14 (2 year downtrend)

4) BIMB-wa - 65 sen to 29 sen

Kfima, Plenitude

On and on it goes...

The only thing no one is talking about is:

Is the market pricing in the potential of price subsidies being re-introduced?

I suspect E-cigs have eaten into market share

Malaysia is an E-cig juice leader too.

David, thanks for taking the time out to do this.

Cap Locks Calvin on Cocaine...

Phew! Slumping... he'll need to deploy some millions...

Disaster for the KY Jelly...

if no blood, how to make wine later?

A prime example of a poor understanding of how business is done in Asia.

Shake my head.

Sad!


Posted by nbtrend > Mar 14, 2018 08:34 PM | Report Abuse
Why borrow form bank? Pay interest is better?

New private placement is without any cost?

Think about it. The new shareholders pay RM1.40 say for the new shares, what do they expect from Jaks?

They are going to share your future profits.

And if your future is that great, why would you want to share your future profit with them?

Refinery bumper profits may mean Govt re-introduces subsidies.

Political risk.

WIll effect all refiners.

Look at Petron.

He's a gambler. Funny thing is he thinks people actually like & respect him & his opinions...

Hilarious.

Dam about to break! Liquidation coming soon.

Yep. Back to bed.

PAKATAN Harapan (PH) says it will only take 100 days for it to put into place 10 major policy changes if it is voted into government in the 14th general election.

In its soon-to-be released manifesto, the opposition pact has listed down areas of change which it will be prioritising as it seeks to address the people’s economic woes and reform public institutions and policies.

The PH “Buku Harapan”, or Book of Hope, is scheduled to be announced tomorrow, and will be divided into five main sections; reducing the people’s burden and cost of living, reforming institutions and policies, spurring a sustainable economy, giving rights to Sabahans and Sarawakians according to the Malaysia Agreement 1963 and creating a moderate and inclusive Malaysia.

Within the first 100 days of taking office, PH aims to fulfil 10 specific pledges, which are:

1)Abolish the goods and services tax (GST) and take steps to reduce the cost of living.

*****2)Reintroduce targeted fuel subsidies to stabilise the price of petrol.********

They put back subsidy, kiss goodbye to Petronm & HY...

Hmmmm!

RSS APPROVED SECURITIES
(With effect from 5 February 2018)
No STOCK CODE STOCK LONG NAME


93 4324 HENGYUAN REFINING COMPANY BERHAD


....

personally i can't believe anyone wants to be 86, yet despised by so many ... lol.

14-Mar-2017 15-Mar-2017 Private Placement 46,488,980 0.140

....

Regulated Short Selling (RSS)

Bursa RSS Approved Securities

Bursa RSS Approved Securities
58 KB [Effective on 05 Feb 2018]

might want to check which counter is there...

Regulated Short Selling (RSS)

Bursa RSS Approved Securities

Bursa RSS Approved Securities
58 KB [Effective on 05 Feb 2018]

Go see... JAKS is nicely there...

Post removed.Why?

The stock exchange has amended the regulated short selling to allow all investors to conduct intra-day short selling.

- Anyone can short sell. Don't need to make any declaration for this.

Intra-day short selling for all investors on Bursa
theedgemarkets.com

theedgemarkets.com

February 06, 2018 11:31 am +08

KUALA LUMPUR (Feb 6): To entice interest in Bursa Malaysia, Prime Minister Datuk Seri Najib Razak announced a three-year waiver on the stamp duty on shares of mid- and small-cap companies on Bursa beginning March 2018, whereas margin financing rules will soon be liberalised.

The stock exchange has amended the regulated short selling to allow all investors to conduct intra-day short selling. Intra-day short selling is only permitted for licensed proprietary traders on Bursa.

Meanwhile, Bursa will introduce a six-month waiver on trading and clearing fees for new investors on the capital market and a volume-based incentive programme.

Details on the implementation of these measures will be announced in a few weeks time, according to Securities Commission chairman Tan Sri Ranjit Ajit Singh.

All the details are in the Star newspaper article about the late disclosures.

Its all recorded fact. He even admitted it.

"Trades too much" - "Can't keep track" was the excuse....

How lah to have face after this?

He a a dirty dishonest cheating bugger. Money is his only concern and God.

Hey, thats just his nature. He can't help being the typical "chinaman"

This is what is giving respectable chinese a bad name and to lose face.

Remember. He won't tell you honestly when he buys and sells. Making the declaration 2 months later than normal. Usually....



.....Koon not the only (Star)
HIGH profile investor Koon Yew Yin has been creating headlines for all the wrong reasons recently.

The 83-year-old, who has amassed a huge following among the investing fraternity, is in the hot seat for his late disclosures of the disposal of his shares in a number of companies namely V.S. Industry Bhd, Latitude Tree Bhd and most recently plywood firm Focus Lumber Bhd .

In Koon’s case, V.S. Industry had on May 4 announced to Bursa that he had ceased to be a substantial shareholder in the firm after having sold some 44.08 million shares between March 18 and April 11.

Prior to that announcement which was made only several weeks later after the stake sale, Koon was the third-largest shareholder of the electronics manufacturing services provider with an 8.8% interest.

As for furniture manufacturer Latitude Tree, Koon started accumulating its shares starting in October 2014 and finally emerged as a major shareholder with a 5.01% stake.

He ceased to be a substantial shareholder in the firm at end-November 2015 but only gave notice of his disposals two months later.

Finally, on Wednesday, Bursa filings showed that Koon had bought a 6.71% stake or some 6.93 million shares in Focus Lumber on April 11 with the company saying that it only received notification from Koon on May 9 regarding the purchase.

The Focus Lumber stock is up about 13% since the announcement of Koon’s emergence in the firm.

Remember, he usually cuts loss fast.

He exited Focus Lumber quickly with losses.

Probably XingQuan too.

Post removed.Why?

What the hell happened here?

Has everyone lost their minds?

lol!

So the refinery in Port Dickson just disappeared, when Chinaman take over?



Posted by foreign_fund > Mar 11, 2018 02:30 AM | Report Abuse

The stock is Hengyuan not Shell. We think all Chinaman same.

no man. not invested in HY. money in other counters.

watching, and considering an entry over the next 3 months.

soojinhou .. thanks. maybe i do have a poor understanding.

but isn't it a bit premature to write of HengYuan? Its a very large company.

This isn't a sendai, focus lumber, etc

Another point: Couldn't proprietry short selling also cause a drastic drop in share price?

To my mind, without anyone controlling a substantial portion of the shares,

Only someone looking to build a new cornerstone holding like LTAT, KWSP etc

Mutual Funds

or the Investment Banks

would be able to move the stock this much this quickly. But does it really matter?

The story has yet to be written. For all we know, the stock price recovers to above RM18
in the next 12 months.

I'm not offended. Or angry. Just sick of seeing more crap on HY, thats all.

I don't pretend to know how everything in the market works.

But I do know stock promotion has a much bigger part to play than TA or FA.

Everyone does it. Sell-side analysts. Boiler Rooms. Yourself included.

Calm down and have a bloody beer or something... jeez.

At the end of the day, who really gies a damn about a Large Cap counter moving up from RM8- RM19?

Nestle just went from RM100 - RM145.

Are you going to write an essay about that?

Why is Public Bank only trading at a PE 15?

So many mysteries....

I'm sick of hearing you go on and on about HY. thats all. If you want to discuss stock manipulation etc, , make it a wide ranging topic.

You've also failed to investigate claims of a certain inidividual. If this person really did invest in HY at ~ 100 mil level, how is it that a

1) Substantial Shareholder declaration was never filed?

2) If said individual controls < than 5% outstanding shares, is it possible to move the MCAP
of HY from RM2.8 Bil - RM5.6 Billion?

3) With so many other sharp price movements, from Pansar, UMWOG, Yoyoink, Caely, Notion Vtec etc why focus on just this counter?

Again. stop deflecting. Trolling is what YOU'RE doing, publishing this nonsense article.


Posted by myongcc5 > Mar 10, 2018 06:17 PM | Report Abuse
KC, fr me, I will not answer idiotic comments!
Anyway, u hv good intention! GBU always

Thank you very much. You are right. This keeps me carry on sharing.

Oh yeah, I remember someone here mentioned about "troll" before. Now I understand what it means.

whatever tan sri. keep deflecting. you're fooling no one.



Posted by myongcc5 > Mar 10, 2018 06:01 PM | Report Abuse
80% here is not so smart, cant catch what KC meant!!

Just like this one below. Simply can't understand what I wrote in simple English and simply throw tantrums like a little baby.

Again we see your obsession with the share price of 1 O&G stock over the period of 2 months.

There were other O&G counters with super-charged price movements.

1) Sapura from 67c - RM1 (took 3 days) ~ 50% jump in 3 days
2) UMW O&G 29c - 48c ~65% in 12 days

Non O&G

- Toyo Ink -WA that jumped from 0.005c to 22c ~4300% in 2 days

Why? Why does HY bother you so much? Its in investible security. Pays a dividend.
Its not a scam. Its a refiner.

If you want to talk about killers/scammers, may I suggest

1) Bitconnect
2) Gennevva Gold
3) ATLANTIC GLOBAL ASSET MANAGEMENT
(How to Get 4% to 6% Return On Investment (ROI) Every Friday)

Basically if a share price doesn't move according to Tan Sri KCChongnz analysis,
oh boy, we won't here the end of it huh...

....

Posted by kcchongnz > Mar 10, 2018 05:19 PM | Report Abuse

Posted by stockraider > Mar 10, 2018 02:56 PM | Report Abuse
ASK YOURSELF HENGYUAN IS REALLY GORENG STOCK LIKE WHAT KC SAYS LEH ??
THE ANS IS NO LOH....!! THE CASHFLOW AND EPS RM 4.00 PER SHARE AND RM 3.03 SUPPORTED THE UPSIDE SHARE PRICE MAH...!!

I don't think I said HY is a goreng stock. But the share price behaviour of HY in the couple of months certainly shows that HY was being "gorenged", and "gorenged" heavily.

So you saying he can move HY share price from RM19 -> 9 controlling BELOW 5%????

Come on.

Dun talk nonsense.

rchi. he is not even a Substantial shareholder in HY.

Go to Bursa, and look at the Company Announcement.

Obligation to report threshold crossings
Shareholding of 5% and above
Section 137 of the Companies Act 2016 imposes an obligation on individuals and corporations that have an interest in 5% or more of the voting shares of a Malaysian incorporated public company (whether listed or unlisted) to disclose that interest to the relevant public company and to the CCM.

Note: "Voting shares" means, for the purposes of these disclosure requirements, an issued share to which there is attached a right to vote.

According to Section 136 of the Companies Act 2016, a substantial shareholder is defined as:

A person who has an interest in one or more voting shares in a company and the number or the aggregate number of such shares is not less than 5% of the total number of all the voting shares included in the company; or

So where is he???

Its all a bunch of nonsense.

In HY case, he didn't even have enough shares to be declared a Significant Shareholder...

If he really did control 20 million shares, then he'd have to make such a declaration, which he NEVER did.

Why is no one bringing up this little issue?

Its like the Islamic State taking credit for every global terrorist attack and killing.

He needs to look strong. Oh look a me! I'm the one! I have the power! I have 200 mil etc etc etc

They just need to look powerful.

Post removed.Why?

I'm sure he'd like everyone to believe he solely controls the market and individual stock prices.

I highly doubt it.

But Why?

So people come to him and worship him,feed his ego and most importantly give him funds to invest.

Not for free. Trust me.