Dear All,

Please look at the issue(s) in a more financially composed manner. You have invested into a house (Kian Joo) and there is a buyer (TTC) willing to pay you RM1.20 per share more than the current market value and the sale of this house would enlarge your networth by 100%. You would then probably think how to reward your family (shareholders) to a great dinner (bonus issue?). The only problem is that you may have to think of new biz once the house is sold. Maybe another house (Johore Tin?).

Think of this analogy.

Dear All,

Please take note that major shareholders are transferring shares into 3rd. party company. It goes to show that Kian Joo will be sold. The offer from TTC for Kian Joo is RM4.40 per share. This offers buying opportunity to investors. The price dropped is not supported by huge volumes. Those were panic sellers. Still the same thing for CanOne- It is worth at least RM5

Dear All,

Please buy Can-one if you have some spare cash now. The downward spiral on its price should be ending soon. Target price is RM5.50 before April 1st.

KYY is very happy to see the price of Can-one shaken the past one month as he must have been loading up.

Not to panic as KYY is picking up as jittery shareholders are selling. In fact, KYY is happy to see them selling. A decision by Federal Court on Kian Joo will be out in March. The decision is going to be superbly good news to Can-One and KYY is picking up whatever jittery shareholders are dumping off now. Fish in troubled water and you will win with big catch.

Dear All,

As mentioned earlier several "big guns" are mopping up Can-one shares. These investors are still buying at the time of this report as foreign buyers are involved as well. My target price remains at RM5 within 6 months.

Continue to accumulate Coastal Contracts if you have spare cash. Need to hold for 6 to 9 months. My target price is RM3.60. Going to be bullish soon. Regards,
Cariyoyo.

I strongly advise investors who can spare some cash for 6 to 9 months to buy Can-One. Target price is RM5. Many prominent investors are investing into this counter. This is not a rumour but substantiated info.

Buy canone if you have cash to spare for 6 months. My target price is RM5 within 6 months. This is definitely a counter to have for the year of the Monkey. Canone will do some monkey business on Anthony See.

Dear Grace Cheong,

Thank you for asking for my 2 cent worth on Coastal. I have gone through your comments and noted that you have bought Coastal at around RM2.70. At the current level of RM1.85, you have mentioned that your losses is 5 figures. I can then safely say that you have bought more than 50,000 shares. I am no charlatan to predict the market. No one could time the market. I can only base my opinion on fundamentals of the stock that you invested in.

Firstly, you must understand that Coastal is not directly involve in the O&G business. Coastal is a service provider to those directly involve in the O&G business. Coastal build and charter ships to them and provide jack rigs services to them too. Coastal business would be affected when these people are not doing well which is so at the moment as the price of crude oil is depressed. When the crude oil price is weak, these O&G biz players would spend less on explorations, upgrading of platforms, less chartering and of course cut down of OSV purchases. Hence, Coastal income or order book will be affected.

Secondly, we must try to understand the dynamics of crude oil price movement. Why it is low now compare to just 18 months ago? One of the most important factors is the supply-demand mis-match. At the time of this note, crude oil is trading at USD42.20 a barrel on West Texas Intermediate. Investors are currently very worried about China's oil demand. A weaker yuan makes imports of dollar priced crude oil more expensive. Therefore, they predict China may cut down oil intake and make the price further down.

Thirdly, we must agree that to a certain extent, the price of crude oil is controlled by two major powers i.e. US and Opec which is US controlled as well. They move things beyond our comprehension. But there is a reason of doing such thing and I certainly believe that it has to do with China and Russia.

Fourthly, OPEC and US would not bring down crude oil price below USD65 for too long as this would greatly hurt Russia and may ignite global political issues if Russia is hurt for too long. Or that matter, China as well.

As for Coastal, this company is managed by the Ng family who are very hands on. They have been into this biz since you are in school. Mr. Ng, who was just been recognized as one of the top 40 richest men in Malaysia recently, knows the biz so well that he sleeps with it. In short, management of Coastal is in safe hands. The company is buying up shares at RM2.25, 2.10 and even at 1.85. Normally, when the company is buying up its own shares, the price would stabilize. But it wasn't the case now and I suspect heavy selling by foreign funds.

Foreign funds are selling as our RM is weakening and some unresolved political issues. However, I believe that these foreign funds will move in strongly once RM is stabilized. After all, the price of Coastal has gone down so much.

My take is that Coastal will be RM2.50 within the next three months. On a longer term, it should be RM3.50.

This stock is very well covered by analysts like Kenanga, RHB, Templeton and Mcquarie.

Please note that the current devaluation of yuan is just a drop into the ocean. Why? The yuan has appreciated some 85% over the years and the devaluation of 3 or 4% is so little that none would feel the effect. However, when such sudden policy shift takes place, the market will jilt and jilt for a while. Astute big time investors particularly those from foreign countries will take the opportunity to shake it even worse so that they can move in to buy cheaper stocks. Imagine KLCI was 1,715.58 on 11th July 2015 and is about 1,591 today or down by 124 points within less than 26 trading days. The market is basically oversold.

Yes, Malaysia is going through some issues like 1MDB and political strife. Ringgit is falling due to some political issue like what PM Najib mentioned yesterday. As much as you may dislike him but I admit that he was right. For example, Thailand is currently ruled by military after ousting two PMs and yet the baht appear to be stronger than RM. Why is it so? Baht should have fallen the moment the tanks took control of the country but it did not. Then why would Malaysia be so far worse off than them? Have anyone ask this question and try to answer?

I am not asking you guys to buy Coastal with the view of pushing it up but I have heard news as I heard before about a year and a half ago. The news is only good news on Coastal. Buy if you have spare cash and not punt.

Time will tell that I am right.

Please take note that I did not mention of KYY buying into Coastal but merely saying that a super investor will be going into this counter after disposing some shares which he bought previously. Coastal is a well run company and the business is simple that is building and chattering vessel. Coastal's main customers are those involved on the oil and gas business and that is why some investors may have the opinion that they are into oil and gas business but this is incorrect. The issue here is Coastal has gone down from the high of 5.40 to 1.85 now. They have not announce any bonus or splitting exercise and the price is so low. PE is 4 on 1.85. You might want to check out with astute investors if Coastal is a good but or not. The main reason that one should invest if they have some spare cash to spare is simple- the company and shareholders are buying back and surely they are no fools. Please take note that the super investor is buying up is true. You can see that volume are up.

Dear All,

Please invest into Coastal Contract if you have some spare cash which you can spare for about 6 months. Coastal Contract will be on the uptrend within the next few weeks. I have been informed that this counter is being over sold by some foreign investors who are cashing out from the Malaysian market. The good news is the owner are buying back while the company are picking up more shares into its treasury. At RM2.05, Coastal is a steal. However, it went down today but on a long term view of say six months, the price should be RM2.50-2.70.

Please note that a super investor is off-loading shares that he made money to buy into Coastal again.

The best person to tell you about Xingquan is Koon Yew Yin. He bought up about 10% of the company through himself, wife, children and extended relatives. If memory serves me correctly, he began buying into Xingquan somewhere in July 2010 or earlier. It was around RM1.20 to RM1.60 then. Koon visited the factory not less than 5 times, to interview the workers, higher management officers and even the owner. He decided to invest after the third visits. A CIMB manager, Nigel would be able to correct me if I have erred in my comment as he was covering this stock then.

However, Mr. Koon's foray into Xingquan turned out to be a dud as Xingquan failed to deliver any dividends despite making so much money. Excuse after excuses were given by the owner to Mr. Koon as the latter was incessantly demanding for dividends. The share price fell like a stone from RM1.60 to the lowest at RM0.34. It was Mr. Koon's worst investment in his life. But he held on till now.

I have mentioned several months ago that Xingquan able to deliver a 5 sen dividend then the share price would improve dramatically. But they managed to do with a 2 sen. The main concern on Xingquan is that if the accounts are real. This has dampen investors trust over the years. No one with a right frame of mind will invest into Xingquan knowing that most Chinese-based counters in Bursa are doing badly.

But what if Xingquan is the odd one out? Based on its value, the price should be RM3.20. Choice is yours i.e. to believe the accounts or not.

Maybulk has an advantage as its captive markets are mainly goods from Wilmar and KOG. Plenty of ships were used to deliver RBDPO to China, India, Pakistan, Middle Eastern countries from Indonesia and Malaysia. However, the price might be lower than available market rates since Maybulk, KOG and Wilmar are related companies. The Related Party Transaction (RPT) would have ensured that the disparity of rates are not that far apart. I strongly urge you to buy Maybulk and hold for a year or 2 years. You will never go wrong on Maybulk.

But I also strongly remind you that you must have spare cash if you are investing into Maybulk as the ride over the stormy waters is still far from over.

Let us calm down a little here as some of you guys are setting off on wrong footing. First of all, Koon Yew Yin and group added 461,257 shares from 28,501,043 shares reported in year 2013 to 28,962,300 this year. KYY himself has increased his stakes from 10,146,200 shares recorded in 2013 to 14,835,700 shares this year, an increased of 4,689,500 shares. Yap Sung Pand decreased his stakes by 1,176,343 shares from 7,592,943 shares recorded in 2013 to 6,416,600 shares this year. Kon Cze Yan, KYY's daughter maintained her stake of 4,000,000 shares. KYY's wife, Kit Pheng sold 1,440,000 from 4,000,000 to 2,560,000 shares and her sister, Tan Kit Yew shed 350,000 shares from 1,500,000 shares recorded last year to 1,150,000 shares this year. In a nutshell, KYY's group continued to hold steady on Xingquan by adding additional 461,257 shares.

Second of all, Koh Kin Lip's group held 10,249,300 shares compared to 9,957,300 shares a year ago, an increase of 292,000 shares. The increase was possibly through his wife Madam Lai, who is also a director in IOI Corp.

Third of all, we noticed several newcomers who might be associated to KYY (require verifications). I have somehow reasons to believe that KYY might have conducted some cross holdings of his Xingquan shares through children, relatives and friends.

The bad news was that Bank of New York Mellon trimmed its holdings from 22,398,031 shares in 2013 to 17,319,400 shares in 2014 or a decrease of 5,078,631 shares. This is indeed a dampener.

I hope they do not continue flushing out their shares as this would place Xingquan down to RM0.20. My view is that Xingquan must doll out dividend, if not is going to be like XDL.

And lastly, Mukah, you were wrong. You might have based your comment after reading the warrant shareholders???

My 2 sen worth.

My view on Xingquan is they are unable to churn out dividend and no confidence among Malaysian investors on its accounts. Investors are in the market to make money or to earn dividends. Xingquan and other Chinese counters listed in Malaysia produced excellent EPS which initially attracted Malaysian investors to invest as they thought the companies are doing very well. But, we all know by now that none of them been able to deliver the dividends and prices tumbled as a result. Worse still when we have one or two that gone into PN17. However, for the case of Xingquan, I know that KYY and a few big time investors went to visit the factory for as many as 5 times. Nigel Foo of CIMB was along with them in one or two of such visits.

They were convinced with the state of affairs in the factory. Mr. Koon was extremely convinced as the auditor Foo, Kon and Thornton was his cousin. Hence the heavy investments. But am sure he regretted now. But I think he is holding his shares as his average price should be above RM1.

I know of a investor who averaged out at RM0.65 as his investment was at RM1.15. He still lost money. I find it amusing that all Chinese stocks went down when KLCI went up 1,000 points from 2010. Imagine a stock that goes down during boom period? Something must be very wrong. Either no one is investing in the counter or is self made by its owner. Fellatarjonga commented that some owners were officials in Fujian and they are controlling the real owners. This could be possibly true as well.

687423 mentioned that these big time investors are now securely hooked. Yes, they are indeed hooked and got no choice but to sit and wait. For those who has some money to invest, is best to look somewhere else as no point looking at Xingquan which has some many unanswered questions.

I think Xingquan and other Chinese stocks will rise only when investors in Malaysia are confident to put their money on them. And it is entirely up to the owners to convince Malaysian investors by start churning out dividends. I hear that Xingquan is considering a smallish dividend which could put this counter back to RM0.60 if it turns out to be true. So, who dares to take the bet? It is not as simple as roll out the dice and try your luck.

Happy investing!!! Look out for Maybulk, MPHB Capital

TanSriDato was right. AGM is on December 29

Some predicted that the Annual Report will be out tomorrow and let us hope that the report is indeed out tomorrow so that some uneasiness can be put to rest. However, I would like to refresh everyone on some important numbers. These numbers should not be any lesser than it was as reported in 2013 as it shows how confident these investors are on Xingquan. Nonetheless, please be reminded that they probably have no choice but to continue holding Xingquan as their initial capital investments could be very much higher than they invested in 2010 and 2011. For example, Mr. Koon Yew Yin dubbed "the super investor" or "Warren Buffet of Malaysia" had his holdings shrank from 2.87% from 13,289,700 shares in 2011 to 10,146,200 shares in 2013. His nominees were Kon Cze Yan, Yap Sung Pang, Tan Kit Pheng, Tan Kit Yew and Robert Wing Yee. From the records, in 2013 Kon Cze Yan continues to hold the 4,000,000 shares she first held in 2011. Yap Sung Pang held 7,592,943 shares in 2013, down 0.1% or 53,457 shares compared to 7,646,400 shares in 2011. Tan Kit Pheng's holdings in Xingquan shed 958,000 shares in 2013 from 4,958,000 shares recorded in 2011 to 4,000,000 shares. Tan Kit Yew sold 504,000 shares in 2013 from her holdings of 2,004,000 shares in 2011 to 1,500,000 shares in 2013. Robert Wing Yee enlarged his holdings from 1,141,300 shares in 2011 to 1,261,900 shares in 2013, upped 120,600 shares. Overall, Koon Yew Yin Group's holdings in Xingquan was 28,500,143 shares, down 0.82% or 4,538,857 shares from the 33,039,000 shares held in 2011.

New York Bank of Mellon increased its stakes by 4% in 2013 from 9,983,003 shares or 3.25% in 2011 to 22,398,031 or 7.29%.

Another tycoon, Dato Koh Kin Lip held his shares through Rickoh and Madam Lai Poh Lin. They held 6,729,300 shares in 2011 and was noted that their increased their stakes to 9,957,300 as recorded in 2013.

Save for KYY and group, Bank of New York Mellon and Rickoh showed continued confidence in Xingquan from 2011 to 2013. Would they be holding the same amount, increased or decreased in 2014? Please note the holdings for Bank of New York Mellon on the up coming report as it would tell a lot.

Please read my comment carefully and decide by yourself. I have reasons to believe that Xingquan will announce a small dividend soon. They will commence groundwork to conduct listing in Australia soon. I have been informed by a reliable source on this development. They will announce this soon. If the small dividend materializes then there is hope for Xingquan.

I do not know where fellatarjong got his info that am with Goldman. I am just a keen investor who wants everyone to be well informed of information if I do have them to share. I would like to tell everyone that xingquan may delist itself from bursa and list the company in Australia. I do not think that they will sell at 0.50 ringgit. Maybe aust 0.50?

Buy if New York Bank of Mellon increases its stakes vis-a-vis last year. The annual report should be out either or tomorrow. The most imperative indication is whether this bank increases its stakes as Guan hoe has been trying very hard to convince them to invest.

fellatarjonga,

Great name you have there. I read that you have friends in China who spilled the beans that Xingquan will pay out 1.5 sen dividend to its investor. While I have no resources to verify your comment or assumption, I do think it is possible, given the current outlook for Xingquan and other Chinese stocks i.e. do not attract investors in Malaysia. Nonetheless, I am very excited to check out the latest shareholders' statistics when the Annual Report is out soon. It would not be a good sign if KYY reduced his stakes in Xingquan because Xingquan has lost a Malaysian investor. However, I understand that KYY is still holding on as the losses is too huge.

saltedfish is just like you and I, trying to get more information on Xingquan through financial forums and I think you don't have to comment the way you commented above. I read saltedfish's comments and they were all reasonable.

The most important thing here is to pray and hope that Xingquan will recover. My take is that Xingquan has to frame up a dividend policy in order to instill or reinstall Malaysian's investors in its financial realibility which is sorely lacking for the past few years. Xingquan delivered dividend only once since 2011.

The fact is simple i.e. no dividend means Malaysian investors think that the account is fake. Consistent dividends and based on PE value, Xingquan will rise like China as it is today from its days after WW2.

Is really simple.

The mystery of who is buying and selling of this counter when its Annual Report out this November 24th. We will then know how many shares KYY and his family are holding on compare to last year's report. KYY is holding through Kit Peng, Kit Yew, Sze Yan, Yap Sung Pang, Robert Snashall and himself. A friend of mine revealed that many tired holders had been selling off the last 3 months. They just dumped as they have lost money anyway. This explains as to why the continual drop on its share price. The situation was further exacerbated by Xie who continued selling below his purchase price. But my friend did not say that KYY was selling.

The other point that one should take note is whether Lai Poh Lin, Bank of New York Mellon, Rickoh Holdings continue holding their stakes. Good news would be if they in fact increased their stakes. But I doubt this as Ooi Guan Hoe with direct information on Xingquan increased his stake from a paltry 25,000 to 90,000 shares. He paid RM63,500 for increasing his stake. This is quite appalling as it reflects how confident is he on Xingquan. KYY was pissed off with him.

We are playing old broken record on Xingquan as no one is interested in this counter. We have to reconcile with this fact. KYY had announced to everyone that Xingquan was his worst investment in his life, even worst than Pahang Consolidated. There was a dinner hosted by KYY in the 90s where he distributed free share certs of Pahang Consolidated to his guests.

Please look at these counters viz:-

MPHB Capital
IJM Land
Maybulk
Fimacorp
Riverview

Dear All,

Please look into MPHB Capital, Maybulk and Fimacorp if you have spare cash to set aside for one year. Just buy either one of the three and let me know how you feel the same time next year.

I noticed that the thread on Xingquan attracted a few dedicated commentators recently. I was reading felltarjonga's comment on the 5% mandatory announcement by Bursa Malaysia. Fellatarjonga is right that shareholders like KYY can be selling all his shares without having to inform Bursa. I remember that KYY holds his shares through himself, Kon Cze Yan (his daughter who is a medical doctor previously working in England), Yap Sung Pang, Tan Kit Pheng (KYY's wife) and Tan Kit Yew (Kit Peng's younger sister). The spread among the five of them are viz:-

KYY 4.57%
YSP 2.50%
KCY 1.30%
TKP 1.30%
TKY 0.49%
Total 10.16%

KYY placed his holdings just under 5% because he doesn't want to go through the hassle of informing Bursa as and when he buys or sells. This was what he told his remisier who is also his nephew.

But personally I do no think he has sold any of his Xingquan shares. His average price is above RM1.30. Surely he is not Xie Zhidong. There is only three holders who are above 5% mark i.e. Xingquan's owner, New York Mellon and Xie. We know Xie is selling but who are the buyers???

What fellartajonga commented on China's business modus operandi is generally true but not necessarily be applied by Xingquan.

To be honest, I have no idea what is going on with Xingquan now. But if they persist not paying dividend then you do not need to hazard any more guesses because the money is simply not there.

My two cents worth.

Mr. Koon is a savvy investor. He made millions when he picked up Supermax at an average price of RM1 and sold them at RM7 in 2011. Most of his winnings in Supermax were invested into Xingquan at an average price of RM1.30 but the highest price he paid for Xingquan was around RM1.60. I remember talking to him whether or not to sell Xingquan when it was trading at RM1.90 and he told me that more goodies will soon be coming and would be silly to sell. Thereafter Xingquan went falling like a stone. He added more Xingquan when it was RM1.40 something.

Today, he is still holding all the 30 million shares under his wife, children and his names. He wants to see what will happen to Xingquan. I remember he scolded Ooi Guan Hoe, a director in Xingquan as Ooi told him to buy Nestle if he is looking for dividends as Xingquan will conserve its cash for expansions. An analyst Nigel Foo was CIMB went with several savvy investors from Malaysia to visit the manufacturing facility in China. The entourage included KYY and they were all very happy with Xingquan's state of affair. I know of an investor from Sabah who conducted his own investigations on Xingquan which included talking to bankers in China, governors, government officials and workers working in Xingquan. The investor told me that he was satisfied with his investigations and decided to invest into Xingquan. He is still a major shareholder of Xingquan.

Both examples cited would give investors a little bit of confidence on Xingquan. However, I must remind all and sundry that if Xingquan is such a good stock then why his director, Ooi Guan Hoe is holding 35,000 shares only. At least he added 10,000 shares from the misearable 25,000 shares before. Maybe he took my advise that if you want investors to buy your share at least buy more for yourself. Otherwise who do you expect to convince. Nonetheless, Guan Hoe is a nice chap graduated from Harvard.

The insurance arm of MPHB Capital is actually a small insurance company if you were to compare it with others. However, the group has a big appetite akin to a cat with a lion's appetite. Therefore, they are numerous reinsurance risks involved if you want to be big in the industry. Hence, a stronger capital base is required. That's why MPHB Capital rope in stronger partners in order to boost financial resources. One of which, is to tie up with a foreign owned insurance company like Generali Asia from Italy. For those whom are not in the know, the insurance de tariff is in 2016. Fighting in a level playing field so to speak. However, if you fight without a foreign partner, chances is that you will lose. So, MPHB Capital has no choice but to get in the Italians. I was told a 51% divestment is on the cards. Nonetheless, the insurance biz is just a small part of MPHB Capital. They are looking into regional property development like EcoWorld.

Dear All,

Please buy MPHB Capital if you have some spare cash. Some good news are in the bag and will be announced soon. Several tycoons like Tan Sri Lee Oi Hian, his brother, Dato Lee Soon Hian, individuals close to Tan Sri Surin have been buying this counter several months ago. They are long term investors and looking at RM4 by mid year 2015.

Dear arv18,

You have raised and pointed out a few right pointers and issues on Mr. Koon's investment foray into Xingquan. If memory serves me correctly, Mr. Koon bought into Xingquan when the counter was barely 6 or 8 months being listed in Bursa. Checking out the numbers would have then entrusted to investment bankers. I have seen dozens of investment bankers flying to China on several trips to check on Xingquan, particularly its then about to commence new manufacturing facility. The facility was there and workers were seen working on shoe soles and what not. In fact, there were hostels built up for them. I personally know an investor from Sabah who checked on the workers at night and asked them about the company. He did all this on his own volition so as to be doubly sure. He is still holding his shares in Xingquan and the last I met him just a month ago, he, like Mr. Koon, still hanging on. Similarly, I felt Mr. Koon must have done his homework on Xingquan. I can't speak for him but I am sure as RM60 million or more was involved in that decision.

I am not supporting Xingquan but it is only fair to see what this counter will be going forward. At this point, it is a dud and most likely will be as Xingquan unable to dole out dividends. Dividends is one of the vital ingredients for upward share price movement. It is foolish to believe that the money is in the coffer when they can't even pay out 5 sen dividend. Another point which I could not come to point was that Ooi Guan Hoe, a director in XQ owns 35,000 shares only. If it is a winner, I don't understand why Guan Hoe isn't piling up his holdings.

Is a big question mark which I want to ask him myself.

Let us be fair here. Mr. Koon must have invested not less than RM60,000,000 on Xingquan. He has not sold any of them but given them away to his children and grandchildren. RM60 million isn't a small sum and to many of us, a kind of money that you probably never be able to earn in this lifetime. And Mr. Koon had placed the amount in Xingquan. Do you possibly think he wasn't sure before invested into it. Maybe he thought Xingquan is going to be a winner but it turned out to be a dud!

Please reconcile with the fact that Malaysia went through 22 years under the regime of Dr. Mahathir. Many children who were born in 1981 grew up living, knowing and reading Dr. Mahathir in their daily lives. Many officers in the Malaysian government went through Biro Tata Negara (BTN) which espoused racial supremacy among others. Former Deputy Prime Minister, Anwar Ibrahim felt that BTN isn't the way forward anymore and demanded an overhaul should Pakatan becomes the new ruling government. However, this is not to be. Malaysia will continue with the old system (old wine in new bottle) as too many factions in the ruling government particularly in UMNO are resistance to changes. The One Malaysia concept is now degraded to mere slogan and rhetoric as majority of UMNO firebrand managed to get smaller groups like Perkasa, ISMA and others to pressurized the current Prime Minister to give in to their demands. The recent GE13 which demonstrated huge migration of Chinese voters to the side of Pakatan didn't help either as these UMNO firebrand continued to say that Chinese are ungrateful. Refer to the headline of Utusan Malaysia just a day after the result of GE13 was announced i.e. "Apa Lagi Cina Mau".

The affirmative programme of 45 years must be discarded gradually in order for the Bumiputera and others to slowly compete in an open society. I am not against the affirmative programme which was introduced in 1970 but after 45 years and we are still defending it would very well mean that our society were used by certain groups to continue to be in power. Imagine your kid refused to go to school after 45 years of pampering. Do you think he will ever wake up and go to school on his own???

Let us put things in the right perspective. The main factor of the Malaysian brain drain as identified by World Bank is attributed to the less attractive salary and benefits offered in the country. This difference is especially noticeable in the high skill technology sector. For example, the starting salary for a fresh graduate with a bachelor degree is US$50,000 or RM150,000 per annum. In Malaysia, the starting salary is a meager RM30,000 or less per annum. The starting salary for many other sectors in Malaysia nowhere near as attractive as Singapore, Australia, New Zealand, Taiwan or even Thailand. This is further dampened by luxury taxes in Malaysia. For example, a new Toyota Altis costs as much as RM130,000 when the same model can be driven off the showroom at AUD35,000. In this case, we must demonstrate dollar to dollar comparison. The brain drain is also attributed to the lack of career prospects and unavailability of opportunities in specific fields. Majority of Malaysia economy is based on production, manufacturing and agricultural with very little in the field of research and development. This has largely contributed to semi to unskilled labor market pool. The influx of immigrants from Indonesia, Bangladesh, Nepal, Myanmar and most recently, Afghanistan to be fruit pickers, security guards, swimming pool life guards and factory operators had placed Malaysia further down on the middle income status. Inability to introduce much required steps to push the economy upwards due to political obligations had prevented Malaysia to catch up with countries like Taiwan, South Korea, Singapore, Thailand and Hong Kong. It was as recently as 1988, when Malaysia was just a little behind of achieving the title of four little dragons. Today, all these countries are oceans apart in terms of their respective economies vis-a-vis Malaysia.

A sensitive yet substantial causes to the Malaysia brain drain is social inequality. Affirmative programmes that lasted 45 years and still on-going had resulted outflow of brains and financially benefitted many neighbouring countries like Australia and Singapore.

The education system in Malaysia are inconsistent and changes every now and then which is extremely detrimental to social building. I noticed that Mukah put up a strong point on the assimilations failure due to incooperative of vernacular schools with the national type schools system. It is indeed true that English standard both written and spoken had gone down considerable notches below compared to 1950s, 1960s, 1970s. However, the main contribution to brain drain in Malaysia is money.

Sadly, our Ringgit has not been able to move up as fast as Singapore. Until this is corrected, Singapore will benefit from Malaysia brain drain.

Dear All,

I have read all the comments commented by all commentators. It appears that they are some who demonstrated immature and amateurish comments. However, I wish to suggest that you buy MPHB Capital if you have some spare cash. I have urged readers of this blog to invest into MPHB Capital many months ago. Well, please think about it but you can always choose to buy Mulpha or Jaya Tiasa. The other counter which I think is good for long long term hold is Riverview.

Dear All,

The news from Bank Negara was definitely a dampener. We can see some investors who probably bought in to extract 5% dividend will be selling in the short term. However, I foresee that their holdings will be picked up by major shareholders. The price may drop a bit but of course the major shareholders would be more than happy to gobble them up.

The land development in KL is long term. We have just recently hear the news of Tropicana Corp joint venturing (disposing) with (to) Agile Property Holdings from HK for its land in Bukit Bintang. This would increase the land value of MPHB's land which is working along the same manner like Tropicana. But again, property development takes time to look for a right investors as well as developing the land itself. Nonetheless, we believe that MPHB Cap has identified a few local big players to develop its land.

Perhaps a special dividend will be approved by Bank Negara once the deal with the Italian insurer has been sealed?

Hi,

Yes, MPHB Capital will soon be re rated due to two important factors. 1. The part sale / JV with an Italian group for its Multi Purpose Insurance which will prepare them better for year 2016 where some insurance business by-laws go deregulated. 2. Several pocket of lands had been identified for joint-development with reputable business partners.

Apart from Tan Sri Upatkon buying the share, several big wigs are slowly collecting too. They are the likes of Tan Sri Lee Oi Hian, Dato Lee Soon Hian, Wan Azmi Hamzah and a few others.

Buy MPHB Capital if you have some spare cash. A proposed strategic alliance between MPHB Capital insurance arm with an Italian Group will soon be materialized. Re-rating of MPHB Capital will be RM 2.65

buy some MPHB Capital if you have some spare cash. Strategic alliance between MPHB Capital insurance arm with an Italian Group will soon be materialized and ensure re-rating of this counter to RM2.65.

buy MPHB Capital if you do have some spare cash. A strategic alliance between MPHB Capital insurance arm with an Italian group will ensure re-rating of this counter. Target price should be RM2.65 by year end.

The proposed alliance of MPHB Capital insurance arm with an Italian group will soon be materialized.

Do buy MPHB Capital if you have some spare cash as a proposed alliance between MPHB's insurance arm with an Italian group will soon be materialized. This will boost the share price of MPHB Capital. Target price is RM2.65 by year end.

old news but they are at very advance stage in concluding the deal. do pick up some if you have some spare cash.

Do buy MPHB Capital if you have some spare cash and keep it for about a year. I have been informed that a foreign firm will be taking up 49% of its insurance arm soon. This will re-rate MPHB Capital.

Look into MPHB Capital.

Should look into MPHB Capital if you have some spare cash. I have been informed that a foreign party will be taking up 49% of its insurance arm soon and this will re-rate MPHB Capital.

Do look into MPHB Capital if you have some spare cash. A foreign firm will soon be taking up 49% of its insurance arm and this counter is poised for a re-rating.

Dear All,

Maybank put a target price of RM10.10 on Yinson. If you compare the PER of Yinson and Coastal, Coastal should be RM8. So, wait for the re-rating by broking houses on Coastal in the next few days after its quarterly report is out.

We are sticking to the RM6 minimum by year end.

I concur with Mr. Koon on his observation that the market will be on green lights going forward into the next few months. However, we must take note that even the most perfect situation may go wrong. For example, Kim Jong Il decided to bomb Japan.

Dear all,

I have urged investors to buy Coastal Contracts since January 2013 as we have noted its ability to secure further contracts from local and overseas O&G players. The owner purchased Coastal at the highest price of RM3.60. More good news are coming out on Monday, 24th 2014 which will lead to analysts re-rate Coastal Contracts to outperform.

We have no idea as to the bonus issue but plausible.

Our target price for Coastal is RM6 before the end of 2014.

One would make money faster by buying Coastal Contracts. They have just announced winning a contract in Mexico which will set them ahead for RM155 million per annum starting year 2015. The contract would be for 8 years. In other words, Coastal is set for RM155 million per annum starting from 2015 for the next 8 years till 2023. On an average of 15 to 20% profit, Coastal is poised to make 23.50 to 31 million per annum just from this Mexican deal alone. Moreover, Coastal business module is you pay before they build. We foresee Coastal hitting RM6 or 44% increase from its current price of RM4.15 before year end. This is akin to buying the winning horse even after the race.

I have not invested into J. Tiasa as a few of my friends lost money after listening to Koon. They lost money in buying R. Sawit, Xingquan, Evergreen and XDL. Koon was holding a bit of XDL too. In fact, Stanley Thai confided to the Edge that Supermax price went down after giving out bonus issue. Koon was strongly suggesting to Stanley to give out bonus issue and as a result of that the price went up.

If you want to make money, do look out for Maybulk, Coastal Contracts, IJM Land and P&O. Hold these shares if you have one year spare money to invest. Let me know how are you January 2015.

But if you choose to buy J. Tiasa, is all up to you as I am not liable to your investment decision (to borrow a caption made famous by Koon).