Ok, guy & gals, brother KC Loh had suggest to me in my forum to allow more members from i3investor to join my forum which is incidentally closed to new registration. I had listen to his brotherly advice & I just posted my email to those who had posted their mail here as well as those who requested it in ECM & WCT topics too.

This will be my last posting here and after this, please do direct your queries to my administrators or moderators of my forum....to these new members allow me to say a big thank you for all your kind words & support...meet you all in my forum, thank you.

I am leaving here with a sad heart and I had done my best to allow members who make some money on my so many recommended counters but even as I am leaving, still there are idiots, dastard, bastards[so sorry for my language]nincompoops who want to clobber me.....sad to say we have such "bad or black hearted" people in this world.

Allow me to quote the last person who clobber me even as I am leaving here, OMG, when will he ever learn? I have never harm him/here in any way & yet this person below takes so much pleasure to clobber me...need I say more?

Quote..

Posted by passerby > Aug 8, 2012 10:25 PM

Chong: Need to be so "small gas" meh ? less thing to read here if less 1 member to post


Frankly speaking I like most of the well mannered & polite members here who had make my stay here a pleasurable one but alamak there are a number of idiots, dastards & nincompoops [like the one above] who just love or take great pleasure & satisfaction to hammer or clobber me on whatever I wrote or recommend....you have seen or read all those writings......you be the better judge!!!

Cheers to all my friends & supporters here & thank you all for your kind support & good wishes. Wish I could still be with your all here but then circumstances doesn't allow it.

Adios my friends & see you all in my forum. Take good care of yourself & your family as well.....as always my kind advice to you all, play safe & smart too, do your homework & not to be eaten alive by sharks.

Goodbye have a great & happy weekend too.

Best regards,

chong @ monkeyking

Sister Joanne Tang , just write your email address here I I will write to you...cheers.

Still the decision of the SC can be challenged in court....read this please


The SC said in a statement on Friday that its position on the GO requirement in the Sime Darby-E&O acquisition remained unchanged as per the statement issued on Oct 11, last year.

"The decision is now subject to judicial review which is pending in court," the SC said.


So, are we back to square one in E&O case?


Sister Vivi, you can come to my forum....give me your email address and I will send you the details...thanks.


Today will be my last day here & after that I will always be at my forum......cheers & do take care too.

Yes, brother justin220 , ECM had about 60 million of E&O shares, that means ECM will make an excess of at least $50 million and we the shareholders of ECM will gain from it too....cheers.

woooooooooooooooooooooo

Recall that Tan Sri Syed Mokhtar ('TSSM') and a group of investors was taking United Malayan Land ('UMLAND', NOT RATED) private at RM2.50 per share in mid-July 12. In earlyJuly12, TSSM, via MMC Corporation ('MMC', OP, TP: RM3.11), offered to take Aliran Ihsan Resources private via a selective capital reduction ('SCR') exercise in the company. The proposed SCR, AIRB will cancel 181.1m shares comprising of 82.7m shares held by MMC and 98.4m shares held by minorities. MMC is expected to waive its entitlement of RM82.7m (RM1.00 per share). To sum it, the SCR is valued at RM1.84 per share from the minorities' perspective. With these two privatisation deals, it seems that TSSM's acquisition trail is gaining momentum and hence has prompted some market observers and investors to believe that Tradewinds Corporation ('TWSCORP' NOT RATED ) could be the next target given its tight shareholding structure. Based on Bloomberg data, TSSM owns 71.48% of TWSCORP.

It's NTA is $1.92 cents...so how much is it worth?

TP 92 cents, maybe more...possibility of going to Reits with all the buildings...cheers

Go for it...may go private...cheers

WOW, good to pick up now.

Once the collection starts on 1st September, there will be more to come...now we are just warming the engine....better to collect and hold for at least 6 months, the longer the better....cheers

But better to keep for at least 6 months and the you really see the money as Smartag starts collecting between $10 - $18 per container per trip [multiply x 365 days per year, that is how much??] & there are 1 million containers to cover in all 26 customs checkpoints...a gold mine coming I should say....cheers.

Hang on my friends as it may go as far as 30 cents today....cheers

Go in guys & gals before it's too late. Since Smartag listing, it has been losing money albeit a very small amount for the past 6 Quarters.....however please take note that losses for each quarter is less than 0.5 cents per share for each quarter.

Most of he losses are main due to the promotion of Smartag RFID among the forwarders & also due to the about 6 months trial with the Customs Department where money is need for the expenses since this trial as Government doesn't have to pay single cent. Yes, all expenses need to be meet at the more than 16 Customs checkpoints...manpower, administration, equipment, etc.

One final advice is to please keep it for at least 6 months after the commencement of the collection.

Read more details from my forum.

Cheers & good luck too.

I do hope that those who follow my recommendation will bear for a while until you achieve your target or goal. As for me I will continue buying & sell when I reach my target. BTW, my present holding of mother WCT is cheap at around $2.28 to $2.32 & as for the son WB, I bought plenty early at around 13.5 cents onwards to 18.5 cents though I do curi curi buying more or top up a bit more as the D-day approaches.

BTW, I am still looking forward to the projects in the Middle East countries i.e. in Qatar and Abu Dhabi.....if I am not mistaken it's the highway & airport project...any time from now it will be announced.

Another information I had for all while I am not here is for the present WCT & WB holders is to look forward to WCT’s proposed acquisition of a company holding a 57-acre land in Old Klang Road as this land will be a mixed development project with GDV of $4 Billion estimate, so take heed please...thank you & please have faith in WCT & WB.

BTW, I will only be here for a few more days & after that I will only do my recommendations & writings in my forum which incidentally is closed for new registration....until then I do hope that you all will succeed when you play the market & as always do your homework....never listen to those who make a call to buy when no FA & TA are given and other necessary details too.....cheers my friends & adios.

PS...my forum is more calm, not messy, less noises & big mouths & the members are all like a big family, members who are very well behaved & understanding too & also mutual among all members whether they are new or old members.....cheers to all & do take care too.....meet you all in my forum then.

Good for you brother TuaHuat & I am really happy for you [ as well as others too] as you follow me and not listen to some idiots & dastards who advice you from buying when I first recommend you all to buy. Now you all laugh all the way to the bank while these idiots, dastards & big smelly mouths eat their own shit, haahaaha.

BTW, I make about 170%++ only...much lesser than you brother TuaHuat, cheers.

BTW, I will only be here for a few more days & after that I will only do my recommendations & writings in my forum which incidentally is closed for new registration....until then I do hope that you all will succeed when you play the market & as always do your homework....never listen to those who make a call to buy when no FA & TA are given and other necessary details.....cheers my friends & adios.

Slowly WCT is gaining momentum as we approach D-Day but some dingos simple throw their WB away like there's no tomorrow....even sell 266 units at 29.5 cents at the last queue when mother is up 6 cents...when will these dingos ever learn. Better for these people to learn the ABC of investing in shares before entering the market, haahaahaa....cheers.

better to sell fast or perhaps kena kau kau...but then the opposite may happen too, yes perhaps only....decision is always yours as I can only advice.....as I said "bird in hand is better than 2 in the bush"....cheers.

Today I think WCT may close higher than $2.53 cents , hopefully off course & too WB closes at 31 or 32 cents, heeheehee

Brother royslade , you are a lucky guy indeed it getting it at 28.5 cents...me got some too....we both got to thanks those stupid idiots who presented it to us, some sort of Hari Raya gift, hee,,hee, hee

And now we wait.....cheers.

some stupid idiots & dastards sell WB at 1.5 cent cheaper when mother rises by 1 cents....wonder if we have such idiots or nincompoops in the market, OMG

BIMB break $3.00 today?

Want to read something extra that you don't know?

Read this....The Man that Serves Najib Tun Razak


go here please..

http://wikisabah.blogspot.com.au/2011/11/man-that-serves-najib-tun-razak.html

haahaahaa, written by the famous Tulang Besi .....alias Steel Bones, heeheehe

Brother royslade , thank you so much for your comment, welcome it. Paying 6% to 7% as sales tax is chicken feed....here we are saying that we pay as much as 100% to 300% for taxes on new cars, OMG. And then if ever the BN wins the 13th General Election, you can bet your bottom dollar that BN is 100% going to impose a 5-10% GST tax on every dingy thing you buy. As it is , it's temporary shelf for the time being as the BN government is afraid of the backlash by the voters in the coming 13th GE....but if BN wins the 13 GE, then GOD help us.

This BN is already famous for their flip flops, now they say that they are not going to introduce the GST but after they win [GOD forbids it], the GST will definately be their top agenda. Actually the high taxes on new cars in Malaysia is to "protect" our lousy Proton cars and the UMNO cronies who get hundreds of thousands of AP for cars....that runs into billions $$$$ for these UMNO cronies AP holders....so we are subsidizing these AP holders?

Our Malaysian people had to be better smart now come this 13th General Elections otherwise then be prepared to head the Greece way & then regret for the rest of your life as well as your children as well. By that time, nothing can help us then.

And our Minister in the PM department Datuk Seri Idris Jala said today that Malaysia could still become bankrupt within a decade if it spends borrowed money on operational expenditure such as subsidies instead of investing the cash.

..read here please..

http://dinmerican.wordpress.com/2011/11/02/malaysia-could-still-face-bankruptcy-idris-jala-warns/

Are we heading the Greece way?...so vote wisely, won't you. I definately want to drive a Mercedes Benz S350 CGI L BlueEfficiency 2012 model for RM150K.

Cheers.

Yes, what brother Peter Lee is correct....remember my saying yesterday a 'bird in hand is worth 2 in the bush'

Cheers.

Brother Rajandaran Kannaya , there's no good news as all good news had been posted by yours truly. The one posted above by brother Vincent Wong just state that the director Lim Kian Onn had bought a certain percentage of ECM shares in the open market. It also state that EC need to seek a new core business within one year, or face delisting .....however, no need to worry too much about this as ECM chairman says that ECM now being loaded with plenty of cash is definitely finding a new core business. And even if they find a new core business, I am sure that there are plenty of suitors who may want to list their private companies by backdoor listing, hee,hee,hee

And ECM still hold a good portfolio of bursa listed shares too like E&O, etc

Cheers & stay on & get rewarded.

Please copy this & send it to all your friends & ask them to send to their friends too....thank you all :thankyou:



Why are cars way cheaper in the US?


Aug 7, 2012



The recent car prices issue made me curious. Having been totally unaware of such huge discrepancies between Malaysian and world prices, I went on the Internet to see what real world car prices were. I was shocked.

These are US car prices with US duty and import tax paid, which are just like Malaysian car prices with duty and tax also paid, but here, you will see, they are much lower and less exorbitant than in Malaysia.

Bear in mind all cars are CBU (complete built up) Japan, CBU South Korea or CBU Germany.

The following cars we get here are CKD (complete knocked down) cars with more than 50 percent Malaysian content and "supposedly" are cheaper due to their being CKD and supporting Malaysian manufacturers.

I cannot understand, we support our own Malaysian manufacturers and beli barang buatan (buy local) Malaysia too, and yet the prices can be higher than barang buatan (made in) Japan or German, which is usually higher in quality.

And yet, to make matters worse, US people's GDP per capita is higher than Malaysia and the average American earns five times more than the average Malaysian.

Mainstream car prices

Honda Accord US$21,480 (RM64,440) RM150,000

Honda CRV US$22,495 (RM67,485) RM150,000

Honda Civic US$15,955 (RM47,865) RM115,000

Toyota Altis US$16,130 (RM48,390) RM112,000

Toyota Camry US$22,055 (RM66,165) RM180,000

Kia Sorento US$23,150 (RM69,450) RM160,000

Hyundai Tucson US$19,245 (RM57,735) RM140,000

Hyundai Sonata US$20,895 (RM62,685) RM150,000

Hyundai Elantra US$16,695 (RM50,085) RM98,000

Luxury car prices

BMW 328i US$36,500 (RM109,500) RM300,000

BMW 528i US$46,900 (RM149,000) RM400,000

BMW 535i US$52,500 (RM157,000) RM600,000

BMW X5 US$47,500 (RM142,500) RM580,000

Mercedes E350 US$51,000 (RM153,000) RM400,000 (In M'sia for only CKD E250)

Jaguar XF US$53,000 (RM159,000) RM500,000

Jaguar XJ US$73,700 (RM221,000) RM1,000,000

Porsche Cayenne US$48,850 (RM146,000) RM570,000

Please forward this to every Malaysian you know so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years.

Most Malaysians pay close to 50 percent of their salary for their monthly payments for their cars.

Not only do the banks get an easy ride (cause everybody is "forced" to take loans), we have to live in debt for over seven years, depriving our family of better food and clothes.


http://www.malaysiakini.com/letters/205716

http://www.malaysiakini.com/letters/205716

Please copy this & send it to all your friends & ask them to send to their friends too....thank you all :thankyou:


Why are cars way cheaper in the US?


Aug 7, 2012



The recent car prices issue made me curious. Having been totally unaware of such huge discrepancies between Malaysian and world prices, I went on the Internet to see what real world car prices were. I was shocked.

These are US car prices with US duty and import tax paid, which are just like Malaysian car prices with duty and tax also paid, but here, you will see, they are much lower and less exorbitant than in Malaysia.

Bear in mind all cars are CBU (complete built up) Japan, CBU South Korea or CBU Germany.

The following cars we get here are CKD (complete knocked down) cars with more than 50 percent Malaysian content and "supposedly" are cheaper due to their being CKD and supporting Malaysian manufacturers.

I cannot understand, we support our own Malaysian manufacturers and beli barang buatan (buy local) Malaysia too, and yet the prices can be higher than barang buatan (made in) Japan or German, which is usually higher in quality.

And yet, to make matters worse, US people's GDP per capita is higher than Malaysia and the average American earns five times more than the average Malaysian.

Mainstream car prices

Honda Accord US$21,480 (RM64,440) RM150,000

Honda CRV US$22,495 (RM67,485) RM150,000

Honda Civic US$15,955 (RM47,865) RM115,000

Toyota Altis US$16,130 (RM48,390) RM112,000

Toyota Camry US$22,055 (RM66,165) RM180,000

Kia Sorento US$23,150 (RM69,450) RM160,000

Hyundai Tucson US$19,245 (RM57,735) RM140,000

Hyundai Sonata US$20,895 (RM62,685) RM150,000

Hyundai Elantra US$16,695 (RM50,085) RM98,000

Luxury car prices

BMW 328i US$36,500 (RM109,500) RM300,000

BMW 528i US$46,900 (RM149,000) RM400,000

BMW 535i US$52,500 (RM157,000) RM600,000

BMW X5 US$47,500 (RM142,500) RM580,000

Mercedes E350 US$51,000 (RM153,000) RM400,000 (In M'sia for only CKD E250)

Jaguar XF US$53,000 (RM159,000) RM500,000

Jaguar XJ US$73,700 (RM221,000) RM1,000,000

Porsche Cayenne US$48,850 (RM146,000) RM570,000

Please forward this to every Malaysian you know so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years.

Most Malaysians pay close to 50 percent of their salary for their monthly payments for their cars.

Not only do the banks get an easy ride (cause everybody is "forced" to take loans), we have to live in debt for over seven years, depriving our family of better food and clothes.

brother TuaHuat, I don't keep in touch with the other ACE counters....only 3 counters in ACE that I am interested...they are Amedia, Digista & Smartag, other ACE counter I don't touch....cheers.

No, brother KC Loh , you won't find it in Smartag site, not at all, hee, hee,hee. I got it direct from the CEO's office via email more than 3 weeks ago...cheers.

Brother Eagle95 , should be when sharks had collected enough....cheers.

My advice is to sell now like me when you have make ample profit...for me it's a ready 160%+ .....remember a bird in hand is worth 2 in the bush....remember never be too greedy as we don't know what's coming....stay safe always my friends......cheers.

I don't think it is going down but up instead as we are very near to the "collection" date on 1st September 2012....I think it might hit 30 cents by September.


cheers.

Brother KC Loh, correction.....contract already signed & now starting collecting $10 to $18 per container starting 1st September 2012....this is a 3 years contract to cover 1 million containers & after that another extension of the present contract provided that by the end of the 3 year contract, 1 million containers must be covered.

Cheers...& yes, all profit is tax free, "kuan loh" to be exact.

Today I start to sell as I feel that I had make enough...Amedia has gone far beyond expectations & I really don't know how far more it can support.

Cheers & all the best to all too.

Brother Mohd Raez Muzamel , I buy both beautiful mother WCT & handsome son WB too...cheers.

Today at early trading, there is little or no support from members here & me only the one buying high...actually you all are allowing the warrants issuing bank to push down WCT...did you see they use 10 to 20 lots per transaction to push down WCT & thus pushing the warrants in the C series.....WCT down, WB also down lah. If we all stay idle and allow it to continuously happen, then I am afraid we will land no where.

Cheers.

You are welcome brother Jeffrey Ho , cheers.

Please note that WCT notes is in the AA rating......so what does AA rating means.....

It mean this....Indicates a very strong ability to repay principal and pay interest on a timely basis, with limited incremental risk compared to issues rated in the highest category.

http://i5.photobucket.com/albums/y193/chongwah/rating_2.png


Cheers & let's see how WCT performs these 2 weeks.

Good luck to all.

...continue..

Also within the group's development pipeline are the office, service apartments and hotel components of its 12-acre mixed
development project in the mature township of Kelana Jaya, following the completion of Paradigm Mall. WCT is in the preliminary stages of planning another mixed development project on a 57-acre site in another mature township in the Klang Valley, Overseas Union Garden. In the near term, MARC expects the moderating outlook for the property sector to weigh on property development revenue and earnings growth.

WCT's property investment portfolio accounted for less than 5.0% of its total revenue and 15.2% of total operating profit in 2011. With the completion of the 680,000 sq ft Paradigm Mall which became operational at end-May 2012, WCT's property investment portfolio currently consists of two suburban retail mall properties. MARC expects the rental operating cash flows of the two retail malls to be fairly resilient, providing RM100 million of rental income annually, supported by high occupancy rates.

Currently under construction, the development of the group's third retail mall at the new low-cost carrier terminal KLIA 2 is undertaken by a jointly-controlled entity Segi Astana Sdn Bhd on a build-operate-transfer basis. The retail mall is scheduled to commence commercial operations in April 2013. The project borrowings, a RM470 million MTN programme, have been raised as limited recourse debt. WCT has committed to cover construction cost overruns and debt service shortfalls during the project's first year of commercial operation. The rating agency understands that construction costs are under control, and views tenancy risk as the principal risk posed to the project and WCT in its operations phase.

WCT posted a second consecutive year of revenue decline in 2011 largely due to lower construction revenue. This was moderated by higher contributions from its property development and property investment segments. While consolidated revenue has fallen quite significantly in the last two years, its pre-interest earnings have remained relatively stable. WCT's construction revenue was up 10.5% in the first quarter of 2012 compared to the preceding year’s corresponding period.


http://i5.photobucket.com/albums/y193/chongwah/rating.png

Good ratings from MRCB....read on please...


MARC ASSIGNS PRELIMINARY RATING OF AA- TO WCT BERHAD’S PROPOSED RM1.0 BILLION MTN PROGRAMME WITH A STABLE OUTLOOK; AFFIRMS EXISTING DEBT AND SUKUK RATINGS

Aug 6, 2012 -

MARC has assigned a preliminary rating of AA- to WCT Berhad's (WCT) proposed RM1.0 billion 15-year Medium Term Notes (MTN) Programme. The rating carries a stable outlook. Concurrently, MARC has affirmed its existing debt and sukuk ratings with a stable outlook on WCT’s outstanding issuances. The list of WCT’s rated outstanding issuances is provided at the end of this announcement.

The ratings reflect the consolidated credit profile of the WCT group of entities, including its position as one of the largest domestic construction companies, sustained construction margins and comfortable liquidity position. Partially offsetting these factors are the downward trajectory of its revenue, its negative free cash flow and its rising debt level since 2010.

While WCT continues to expand its property investment portfolio and operations, its construction operations continue to account for the larger part of group revenue and profit. Its construction operations accounted for 78.4% of its revenue and 63.5% of the consolidated operating profit of all business segments in 2011. Nonetheless, the degree to which WCT is able to build a recurring and adequate income stream from its expanding investment property portfolio and derive satisfactory earnings and cash flow from its property development operations will become increasingly important rating drivers for WCT.

WCT's earnings diversification plan envisages increasing the contribution of its property development and property investment segments to a combined 50% of total group operating profit by 2016. The pursuit of WCT's diversification strategy, as evidenced by continued land bank acquisitions and the somewhat aggressive expansion of its investment properties portfolio, has contributed to pressure on its free cash flow generation and debt service coverage metrics.

In recent periods, WCT's outstanding order book has exhibited a sustained trend of shorter duration of construction work against a backdrop of lower construction spending. Nonetheless, MARC notes an improved level of order book replenishment in the first three months of 2012 compared to a year ago. As at March 31, 2012, WCT's work in hand stood at RM2.8 billion, providing earnings visibility for the next 30 months, compared to RM2.5 billion as at end-2011.

Given the somewhat muted near-term outlook for residential construction activity, MARC sees an increased reliance by the domestic construction sector on infrastructure spending to sustain construction activity. The key risk that WCT's construction business will continue to face is its exposure to cyclical downturns. At the same time, MARC notes that WCT's construction margins have also held up well in spite of construction material price increases and high levels of competition in its key markets of Malaysia and the Middle East. Additionally, the reduced working capital needs associated with a lower level of construction activity, has generally benefited the group's liquidity.

WCT's second-largest business segment, property development, posted year-on-year increases of 21.0% in revenue and 30.8% in operating profit in 2011. Nonetheless, contributions from this segment remain small at 18.2% of revenue and 21.3% of total segment operating profit. While the take-up rates of recent launches of residential property in the Iskandar region and Kota Kinabalu have been fairly strong, its recent launches of bungalow and terrace units at Bandar Bukit Tinggi drew lacklustre responses.






Valley, Overseas Union Garden. In the near term, MARC expects the moderating outlook for the property sector to weigh on property development revenue and earnings growth.

Yes, brother grss , there's more to come....cheers

Hang on to your Digista and I am sure it will come soon. Around August 23th the 3rd Quarter Report will be out....should be good as always....cheers.

Brother JimYeoh, which new warrant are you mentioning...please clarify...thank you.

Friends, just hold on to your Smartag, it will come after September when the collection starts....cheers....definitely not for contra as I mention very much earlier but to keep for mid or long term.

No brother wup6199 , I mean Smartag...cheers.

Think WCT was block from going up because of the issuing banks of the warrants starting with the C series....but no worries as we shall prevail....cheers.

Brother 333woo , it will happen but now not....maybe in time to come...perhaps after September....cheers.

May rise to 30 cents by September.

Tomorrow will up more from the looks of the last trade....cheers.

The next to follow Amedia ???