If you have learned from this episode, you will surely emerge stronger next round. Fully agree with what Koon Yew Yin has elaborated in his email.

Don't scold lah. OTB offered apologies already. More importantly, he knew what went wrong, and has pledged to avoid ace stocks in the future.

Forgive OTB. Let's move on to next stock Johotin-WA. Wish you all the best.

Don't scold lah. OTB offered apologies already. More importantly, he knew what went wrong, and has pledged to avoid ace stocks in the future.

Sifu Kcchongnz, thank you so much for your detailed analysis.

Thumb up riskabsorber. Yestrday result presents opportunity to get out.

Retiree have only 5k tekseng? Better report to work tomorrow. Work for kyy ok

Sometime I marah sometimes I sayang KYY, dependent on what he penned.

This time, I sayang Unlcle K. Keep it up. Wish Uncle K good health for many years to come.

Wow lau. Old man logged out at 3.05am this morning. Lambat tidur lambat bagun. Mana produktivitinya?

Desa20201956, jangan gelojoh. Perlu jaga tertib. Makin panjang hang menulis, makin terserlah otak udang hang itu. Jangan-jangan satu hari nanti Uncle K tarik balik jemputan makan malam. Baru pandan muka.

Kcchongnz, it is time to revisit coastal which has been neglected by investing community.

Investing is a popularity contest, and the most dangerous thing is to buy something at the peak of its popularity. The safest and most potentially profitable thing is to buy something when no one likes it, says Howard Mark.

Desa, I notice that you have been sitting still, listening to uncle and buying what he bought. Uncle must have shown you his Rm100mil portfolio. Now you impose the same requirements on icon8888.

Uncle so big heart letting you see his cards. Uncle also openly praise you for following his act.

Give bandar a triple likes!

I used to like desa. But my affection for desa is decelerating fast when desa publicly revealed that he bet small in market.

Icon8888, I think desa is now repeatedly hitting his forehead and at the same time utter this word "Diu"...Haha

Desa, who is losing and how you know they are losing?

Gary, agree. Must blow the saliva vape, sure shining.

Desa, don't forget to bring "kiwi" to polish uncle k's shoes. This will in turn makes sure that the friendship to last longer.

Desa, Make few k only kah? Go visit uncle k before chap Goh meh, if uncle's mood is good you can get ang pow bigger than the few k you gained over the last few days. After all, uncle k is keen to befriend you.

icon sifu, are you still holding pba? Looks like coming QE this week will be very good.

Icon8888, desa paints (jilat) kyy's balls sampai bersih kilat. That earned praises from kyy who in turn wanted to meet desa personally. Well done your cw.

best write-up by cpteh so far.

Calvin, don't relate bible to stocks ok?

100% agree.

Posted by murali > Feb 13, 2016 06:14 PM | Report Abuse

If u dont get yrself killed when market crash, u shall become stronger...

I lost my fortune in this stock.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4998537

Murali. I agree with you on cut loss at 200sma is all but stupid. When the tide is reversed, you don't sell, other will sell.

Post removed.Why?

95% revenue denominated in U.S. Dollar. Faster run, oil has recover, so will the ringgit.

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Thursday, 11 February 2016, Star Paper: Bidding starts for RM2bil MRT 2 viaduct jobs
PETALING JAYA: IJM Corp Bhd and Sunway Construction Group Bhd are among five construction giants in the running for an RM2bil job to construct viaducts in the Mass Rapid Transit line 2 (MRT 2) project.

The others shortlisted are Gadang Holdings Bhd, Mudajaya Group Bhd and Ahmad Zaki Resources Bhd, according to sources.

“Each of the viaduct packages is worth not less than RM1bil and these are for the northern side of the MRT 2.

Tender submissions have just been closed and construction jobs from MRT 2 are expected to be awarded from next month onwards,” a source said.


A viaduct is a bridge composed of several small spans and is commonly used as the basic infrastructure for rail projects.

MRT 2, with an RM28bil price tag, will start from Sungai Buloh before going through Serdang up to its final stop in Putrajaya with a total of 36 stations.

According to officials familiar with the tendering process, any packages to be awarded worth more than RM200mil would need consensus from the Finance Ministry in a meeting to be chaired by the Prime Minister himself.

“As the economy is slowing, the Government is giving priority to public infrastructure projects to stimulate the economy. The top brass is looking into the progress of the MRT 2 project closely,” said an official.

CIMB Research in a recent report said it was maintaining its “overweight” recommendation on the construction sector although the Government has decided to revise the 2016 gross domestic product forecast to 4% from 4.5% for 2016.

But it is also important to note that the construction industry is looking at a 10% increase in labour cost and a 2% increase in overall cost due to the newly revised foreign worker levy.

The source also said that the most expensive package, namely, the tunnelling contract with an estimated value of more than RM12bil, would be awarded in April.

“The frontrunner is the MMC-Gamuda joint venture, which is also the project delivery partner for MRT 2. Like the MRT 1 project, the tunneling job will be awarded on a Swiss Challenge basis,” said the source.

Under the Swiss Challenge system, MMC-Gamuda will have the first right of refusal to do the job at the lowest bid plus a small percentage of the margins.

Foreign rail experts such as Strabag Rail, Hyundai and China Railway Engineering Corp are vying for the tunnelling job.

The tunnelling job for MRT 1, which was undertaken by MMC-Gamuda, is nearing completion.

Other interested foreign companies for the tunnelling job include Vinci Construction from the United Kingdom, Taisei Techno from Japan, China Railway Construction Corp and China Communications Construction Company.

These parties are eager to submit their bids for the job,

“The race has attracted many because it is seen as the most lucrative aspect of the project,” said the source.

Qualified foreign bidders for the tunnelling job are allowed to put in joint bids or set up a consortium not exceeding three parties, but must name a lead partner.

The 13.5km tunnelling job is longer than the first line which was 9.5km.

The tunnelling cost of the first line was RM8.2bil.

Apart from having a more expensive tunnel, MRT 2, also known as the Sungai Buloh-Serdang-Putrajaya line, will offer more main civil engineering and construction packages from the first line.

It has been reported that the new line will offer 10 main packages compared with eight in the first line.

In light of cheap oil prices leading to the recent recalibration of the country’s budget, the implementation of major public transport infrastructure projects such as the light rail transit 3 (LRT 3) and MRT 2 still remain a priority for the Government.

In the 11th Malaysia Plan, the Government will continue to spend on high-impact construction work, particularly rail projects, that will boost the country’s economic growth from 2016 to 2020.

The MRT 2 and LRT 3, totalling RM37bil, are expected to be rolled out this year onwards.

http://www.thestar.com.my/business/business-news/2016/02/11/bidding-starts-for-mrt-2/

If margin call, KYY will be selling.

If no margin call, KYY is shorting.

Force. Thanks for your recommendation. Will accumulate Gadang

Force, no right or wrong. I just stay away from export-oriented stocks for now. Wish you best luck.

Next month, ok.

http://www.thestar.com.my/business/business-news/2016/02/11/bidding-starts-for-mrt-2/

If CW result out, and at the same time, RM is at 4.00 or below, I doubt the price would not move upwards.

Old cigus that include Desa are expected to fare worse than their young counterpart cigus as this old camp keeps holding and keeps finger cross hoping for continuation of tumbling of Ringgit.

The younger camp already switches to non-export stocks.

Ganasai. When uncle sells, he is likely to say that the reasons to own those shares are no longer valid. What reasons not more valid? Oh the ringgit is appreciating against major currencies.

Mind all forumers, once ringgit breaches 4.00 mark, hell will break loose for export counters.

Gong xi fa cai http://www.bursamalaysia.com/market/listed-companies/company-announcements/4995701

Let's give export stocks a break. Revisit them 10 years from now. It's time to switch to other theme play.

Happy cny to kcchongnz. Wish you prosperous years ahead. Your contributions to i3 are immense, benefitting many in the proces.

WOULD LIKE TO WISH YOU SIFU CALVIN THE WARREN BUFFETT OF J.BAHRU "GONG XI FA CHAI".

Icon, buy good companies (high ROE or high ROIC) & buy them cheap (low Ebit/EV) are not enough. Good earning visibility also not enough. Prospect (business outlook) must be good too.

Icon8888, long time no new write up? Weeks ago when I woke up the first thing I would do was visiting i3, and enjoying what you have penned. Look forward to reading your next articles. Regards,

Shaken, shaken & sure will continue to be shaken. Ringgit goes from strength to strength. No sign of easing. Export theme play is now effectively over.

Icon, look forward to reading your updates analysis for Gadang. Thanks

Icon, in this regard, I use FA (Face Analysis), below is my finding

1. Plane gor aka Steven's face look like a "lau zian".
2. He is pretty fat, suggesting that he sleeps more than he works.

Consclusion, better ignore what he says or Holland is waiting for us.