chankp7010

chankp7010 | Joined since 2014-07-28

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Stock

2015-12-28 11:51 | Report Abuse

Now RM3.18. Icon8888 is having 3 lorries of Tguan -warrants, now is laughing all the way to the bank. HaHa

Stock

2015-12-28 09:08 | Report Abuse

This morning Tguan has breached RM3.03 and soon it will achieve RM3.30 by 31st March, 2016

Stock

2015-12-23 06:54 | Report Abuse

For JL1234, my understanding is that LA conversion is 1 to 1 but must be accompanied with RM1/- for each LA conversion. Otherwise, LA price will be very close to mother share.

Stock

2015-12-23 06:50 | Report Abuse

Huang Jen Soong, director and controlling shareholder has converted 1,925,231 warrants into ordinary shares by paying 50 cents per warrant. This means that he paid RM962,615.50 to secure the ordinary shares whereas the market price on 22nd Dec closing was 47 cents. Do you think this is logical? Unless he knew that the company's share price is going to jump soon! Do you pump money into a company for 50 cents per share at the time market price is only 47 cents?

As written by Icon8888, Dolomite - earnings will be exploited like dynamite! Do you believe it? See how the Director behave? He did not talk much but his action has confirmed our view.

News & Blogs

2015-12-21 14:12 | Report Abuse

Very well written article out of sincerity and candid enough to peer through your personality, mentor Icon8888. You are forever humble, yet powerful in words and deeds. Whatever "restaurant" you introduced, the responses will be amazingly good and positive. Please write more on investment and also how readers can enjoy doing it. Once again thank you very much.

Stock

2015-12-21 11:15 | Report Abuse

For warrior, using 3rd quarter result as a simple guide, sales of elec and steam has reached RM12 millions (presumably not yet full production), and just times 4 you will get 48 millions; divide it by 263.5 millions you will get EPS 18.2 cents.for whole year. Of course, this is a very simplified tabulation, I did not include property development and quarry income for Dolomite, neither do I taken into consideration of subsequent sales of landed properties (51% owned) for 20 millions

Stock

2015-12-18 17:19 | Report Abuse

Dolomite succumbs to profit taking today. Just my opinion to share with you, if you are still holding the share, please continue to hold it as this company shall report better profit this year than the last year. Kyy has advocated buying companies with this category, unless you don't believe this counter is going to gain on Shandong China plant.

Stock

2015-12-18 09:33 | Report Abuse

For Icon8888, kindly let us know tp for Dolomite. Your description on Dolomite really fitting as the price of Dolomite has gradually exploited from 32 cents to now 50.5 cents (57%) at the time of writing.

Stock

2015-12-17 16:43 | Report Abuse

I just wonder if Icon8888 is referring to me or someone else. You are definitely my mentor; I am a newbie. Furthermore, I must say thank you to you for so readily completed the report on Dolomite. As a result of your good writing, this counter received the necessary catalyst and also enabling many investors to look at it closely. Judging from the volumes transacted recently, I believed many investors had zoomed into it already. I am still holding my Dolomite as at now.

Stock

2015-12-17 11:00 | Report Abuse

For 'pupu'. Your observation is correct! Our present state of economy is very bad and the trend is
not getting better next year. However, Dolomite case is different. Dolomite has sunk into Shandong China steam and electricity project since 2011 for at least 197 Millions Ringgit and now it is generating income for the company. Soon the profit projection for Dolomite will be exploded along with prices

Stock

2015-12-12 11:40 | Report Abuse

Diversification into food and beverages is good if GOB has the expert personnels to handle it and with soul and heart putting into this line of business. However, since GOB involved in this business, the financial reports confirmed losses year in and year out. This losses not only dragged down overall profits but also worsen the Balance Sheet. A well planned and strategic move will not continually suffered loses. I would think more likely of personal interest that might manifest conflict of interest, persisting into doing something that does not benefit the company.

Stock

2015-12-12 10:30 | Report Abuse

Dolomite has just disposed off its 50% + 1 share subsidiary company D' Marina for RM20/- millions as per filing to SC dated 20th November, 2015. High gearing will soon be manageable by 2016 as the cash flow from sales of steam and electricity will be utilised for repayment of loan taken for the project. I believed sales of steam and electricity will go full string effective from now.
I also strongly believe what Icon8888 has written in his blog, - truthful and correct projection. Very soon Dolomite's earning will be exploded like a dynamite. Time will tell.

Stock

2015-12-11 09:22 | Report Abuse

Plenitude is a laggard because yearly dividend payments are on a decline, profits too on a downward trend. This company has many hotels and service apartments but still not generating sufficient income to warrant such large outlay of funds. In fact, prior to merger, its hotel operations incurred losses. With GST, tight money policy, economic downturn, and tightening of credit for loans for house purchasers, I doubt this coming year's result can be better than last year.

Stock

2015-12-11 07:30 | Report Abuse

2 x gearing is indeed scarry for trading company but Dolomite is different. Dolomite borrowed to finance its 100% owned steam and electricity power generating company in Shandong China. Talking of risk, the Bankers, (Maybank and others) are even taking higher risks than normal investors. We always hear of "no risk no gain"; only those who dare to take reasonable and calculative rtisk will be richly rewarded.

Stock

2015-12-10 15:37 | Report Abuse

acing should read acting. Sorry for typing error

Stock

2015-12-10 15:04 | Report Abuse

Dear Icon8888 as predicted your report has generated a lot of interest and Dolomite share price has spiked. Your skill in moving share price is even better than many fund managers. Kow Tow to you

Stock

2015-12-10 14:54 | Report Abuse

date should read data

Stock

2015-12-10 14:51 | Report Abuse

Dear Icon8888, thank you very much for a detailed write up of Dolomite, with particular reference to its Shandong steam and power generating plant. I just wonder how you manage to secure so much information at so short notice. Furthermore, many date are in-depth and very technical. You are really Sifu. Kow Tow to you . Once again - Thank you very much

Stock

2015-12-10 10:56 | Report Abuse

Dear Icon8888, if you are to write a report on Dolomite, the share price will definitely moves up. I can assure of that judging from so many blogs that you had written. Please help me to see if this Dolomite is really a turnaround company. It will give me and also yourself a satisfaction to have spotted a company early before others have done so.

Stock

2015-12-10 09:56 | Report Abuse

Dear Icon8888, I just hope you can look at 'Dolomite' to see if this is a turnaround company from its Shandong, China power plant commencing production in July 2015. Thank you.

Stock

2015-12-10 09:53 | Report Abuse

I have checked the latest financial reports, The bulk of Loans taken by Dolomite actually is for Shandong plant in China. I also believed today market price is just the beginning with high volumes. Many alert investors are now buying into it before it flies. Investors are advised to check carefully before investing.

Stock

2015-12-10 09:38 | Report Abuse

For Icon8888, you are really humble. Just give us a bit of tip for our enjoyment. Ha Ha. Furthermore, you told us in your blog that you enjoy seeing your research and selection spotted and boost up in prices. One such example is TGuan. By the way, 3 lorries of warrants can mean million of shares! Right?

Stock

2015-12-10 09:25 | Report Abuse

For Sam Chong, Astino bought over 20.9 millions of Plant, Property and equipment (ppe) during the latest quarter, and recorded as "other investment" in the cash flow statement.

Stock

2015-12-10 09:13 | Report Abuse

For Icon8888, you are indeed a very smart and intelligent investor making good profits by selecting undervalued shares quoted in Bursa.. I have observed your investment strategy and your courage to go against the odds. Kindly let us know your portfolio and especially those not yet climb in prices. Thank You

Stock

2015-12-10 07:34 | Report Abuse

Dolomite is a turnaround company with its steam and electricty plant in Shandong China started commercial production in July 2015. Acquire more shares before it is too late. Once this new source of income is known especially by fund managers, then it will be too late to buy at cheap price

Stock

2015-12-10 07:30 | Report Abuse

MD will not be throwing hard cash into the sky if he is unsure of making more, even if he could be acing in movies, he still like to see box office at the end of the day. Trust me and yourself to see if the coming 4th quarter results are good or bad

Stock

2015-12-09 09:37 | Report Abuse

Just my opinion. I am not a sifu. I am still a newbie in market. Since Mitrajaya has just completed one for two bonus issue as well as warrant D, many investors have made money if they bought prior to declaration of these issues. As such many would like to take profit and offload Mitrajaya for various reasons. However, those who are still holding Mitrajaya, please keep it as the 4th quarter results will be even better than 3rd quarter, giving it a boost further in price next year February. Hong Leong Investment Bank predicted trading price for Mitrajaya will be around RM1.90 and if you do not need any money, please continue to hold till February 2016

Stock

2015-12-09 09:29 | Report Abuse

TGuan is on track to climb higher as a result of timely expansion of production and diversity of products. Trading price will soon reach RM2.90-RM3.30 when the 4th quarter results are released.
Be patience for those who are still holding this counter. Soon you will reap a better harvest.

Stock

2015-12-08 17:22 | Report Abuse

What happened to the sale of 'Deman" in USJ Subang Jaya? Still no news for the payment of 70%! If Icon8888 has given up hope on this company, then, it is time for Directors and Management to give a prompt reply rather than "buat tak tahu"

Stock

2015-12-08 17:04 | Report Abuse

Managing Director Koh Poh Seng has continuously buying KPSCB shares. Just wonder why he did so if the company's performance has not been good. Follow the flow of current and you will gain from it.

Stock

2015-12-08 15:29 | Report Abuse

Anyone can tell us who are the purchasers for the private placement priced at RM4.20?

Stock

2015-12-05 08:55 | Report Abuse

Palm fibre price is declining rapidly. China buyers have been pushing prices down due to declining demand for their mattresses. I would expect the next quarter result to be poorer than the latest published result. As HHG has committed so much capital expenditure in Gua Musang
there is a possibility of facing cash flow problems in subsequent years. I have exited this counter even at a loss.
Suggest avoid this counter to move on to other better prospective companies

Stock

2015-12-03 09:28 | Report Abuse

Kindly furnish us the name of 3 corporates that took up the private placements, KUCIMIAO as this can affect our investment strategy. Thank you.

Stock

2015-12-02 10:50 | Report Abuse

Why must the board splits their hearts and souls to venture into food and beverages business that has resulted in losses year in year out? Why can the board and management concentrate on construction and property development? I believe GOB will perform better if only the board divest non core business as soon as possible. Hopefully there should not have any conflict of interest among the board or management in venturing into food and drinks business.

Stock

2015-11-26 08:47 | Report Abuse

Why Dolomite's Board of directors are unwilling to divulge more information on Shandong China thermal steam/electricity power plant? This will be a new source of substantial income generating unit for Dolomite effective from 2015

Stock

2015-11-25 20:49 | Report Abuse

Ajiya's private placement is priced at RM4.20 against the current market price of RM4.26. What is the rationale for buyer to do so? Something is brewing in this company otherwise no one will buy at RM4.20. There are a lot of things hidden from investors, but quietly taking place in the Board room.

Stock

2015-11-24 21:18 | Report Abuse

NFH just released its 3 quarter results, increase profit even though revenue remained unchanged.
The catalyst is not dividend at 3 cent declared but the appearance of Yeo as substantial shareholder. Just look ar Ajiya, the pattern is set. NHF share price will be up and up

Stock

2015-11-24 11:37 | Report Abuse

Syndicates and insiders are nipping this counter gradually. I believe something is brewing. Trading price is coming to RM3/- with next price target at RM3.50 soon. Good news is bound to come.

Stock

2015-11-23 10:47 | Report Abuse

Let us be patient and wait for GOB's board to decide if they are going to pay dividend or not after successful disposal of De'men and collected cash of at least 80%. I would be pleased if the Board can at least pay 5 sen dividend to please shareholders who have had supported the rights issue.
Further, GOB has not be paying dividend for very long time and this is time to do so to boost up the share price and ego of the company. What is your view?

News & Blogs

2015-11-20 07:54 | Report Abuse

Thank you very much for the indepth and insightful reports. I am very much delighted to know that you are prepared to wait till 2016 to ensure full harvest rather than take profits. Your target price of RM3.50 is wonderful and I believe it can be achieved. Once again Icon8888 Thanks for good reports

Stock

2015-11-19 16:25 | Report Abuse

Just sold at RM2.65 and RM2.67 . Personally, I feel that Tien Wah may not be able to sustain good earnings for the next few quarters. I hope that I am wrong because I still hold some Tien Wah shares

Stock

2015-11-17 09:33 | Report Abuse

I share the same sentiment with Icon8888, this coming quarter results will be good. In fact, judging from the recent upward price movement of TGuan, I can deduce insiders' are nipping this counter at good bargain. Also, foreign loan in USD will be minimized as the bulk of them had been settled. Furthermore, improved balance sheet with positive cash flow can further help to increase coming dividend pay out, hopefully.

Stock

2015-11-16 12:43 | Report Abuse

m00077 you are now making money already. Tien Wah is selling at RM2.60-2.61. How much do you think this counter can go up? What make you so confidant to buy so much Tien Wah? Any insider's information?

Stock

2015-11-13 16:50 | Report Abuse

m00077 You seemed to pump in a lot of money for this counter. RM2.29 you bought in and now you are buying this stock at RM2.48. Just wonder what is your average price for your holding!
A word of caution, Sky-rocking cigarette price may affect demand for Tien Wah's product in the following quarter results.

Stock

2015-11-13 10:09 | Report Abuse

m00077, I believe you are a very flexible and alert to changing time. Your effort to chase Tien Wah for RM2.29 even though you had sold it earlier at RM1.80 testified your shrewdness. Now Tien Wah is at RM2.50. May I ask what is your target for Tien Wah?

Stock

2015-10-23 16:25 | Report Abuse

Ajiya is down without any catalyst to boost its share price.

Stock

2015-10-23 16:23 | Report Abuse

For Ivan89, May I ask how do you know cold eye actually has bought Leon Fuat Bhd? No offence!
Just to satisfy my curiosity. Thank you

Stock

2015-10-23 10:30 | Report Abuse

Yes I have forgotten also, very likely because of TanKW 's good article, TGuan share price has moved upward substantially. For those who are still holding TGuan, remember the target is RM3.30 in the near future.

Stock

2015-10-23 10:05 | Report Abuse

For Tan KW. Your article on TGuan entitled "Moving up the value chain- Bursa Dummy dated 22nd October, 2015 is indeed well researched, insightful and up-to-date. I like your frank, honest approach, looking into operations, performance, capital structure and into the future. Very well done. Please continue to do so on other small capital counters for our information and investing knowledge. Thank you

Stock

2015-10-22 09:50 | Report Abuse

For Icon8888, Just wonder what is the price for 'Success" to be considered as trading price? Your opinion is highly valued. Thank You.