Murali, hope you make big money in 2016. Wish you a happy and prosperous New Year. May the force be with you.

Murali, in other words...for whatever reasons you don't trust your own selections.

Aji cheap to make and easy to sell. Sam hard to make and hard to sell.

In other words.....

I hope those who condemn Mr. Koon will reveal to us their own stock selection. It is time for you to expose yourselves to the 99%. What are you afraid of?

I expect a fair valuation of privatization price, simply because asset under Opposition control.

Pushparaj, did Calvin comment on Tecnic? Where?

As expected because of UMA.

Hahaha......have to be careful that's all, as I'm not using monopoly money.

Of course Temasek will not screw themselves, but will they screw the minority shareholders.

At the moment, Tecnic is more interesting. Sudden volume and price increase last two days.

As a precaution, don't put all your eggs in this basket.

That's the problem. Mother secures contract from aircraft manufacturers for engine parts including engine casing. Mother gives the contract for engine casing to SAM. Mother determines the profitability of the job to SAM from the contract price.

I understand mother gets the contracts. Son's contracts comes from mother. If this is correct, then mother can `manipulate' the profits of the son. I hope that I'm wrong.

My worry is that SAM's financial results can be manipulated. The reason being that the jobs are secured by the mother company. The Mother can `maipulate' the financial results of SAM from the number of jobs passed to them. I hope to be corrected?

Making baseless assumptions is misleading and dangerous. For starters, little of the Federal Reserve's Q1,Q2 and Q3 reached the general public. The banks kept most of it as they earned interest from it (from the Fed) without any risk whatsoever.

ASDF, maybe good reason for going private?

Keep the faith. Marriage made in heaven.

unsubstantiated speculation.

Buy quality shares rather than keep shrinking money in the bank.

Another saying: There are many ways to pack a bag.

Thanks Danny for the update. PBA is really in good and competent hands. Agree with red_85, we will benefit whether privatise or not.

Hi DannyTan Siong Kee, still waiting for your 2nd Report.

Impossible. BN will ultimately win - clean or dirty. Money talks.

Very encouraging price movement.

Seems to be giving everyone a chance to jump in before going ballastic?

I also buy Icon8888's story, so very little risk.

Nonetheless, I'm buying his story and taking a chance. It's a small price for his credibility.

Mini world war will be waged in Syria. Watch out Turkey forces or allies in Syrian territory, Russian forces will blast them off the earth! Hope in the end it doesn't turn into a major war.

Easier to predict the HK Open winner.

Anyone know of latest news of RTO by Rohas Euco? If successful, how will it benefit Tecnic shareholders?

To be fair, the article is more than one year old, so it's considered old news. Since then, Bornoil had been profitable every quarter. Any latest write-up? I think ktsk88 is more than capable to put up an unbiased report of the company's performance to date and their future prospects. What say you ktsk88?

For Hap Seng, Bornoil investment is long term. They need funds to expend their mining operations and it has to come from the shareholders. I'm sure they'll not forget your commitment and will reward you generously in the future. The mining leases are only for a limited period, as such, they have to extract as much gold as possible before the leases are up. No, I don't work for them or act as their agent.

When there is turmoil in the world, the USD is the `safe haven'. I still cannot understand how one very experienced and senior forummer can equate it to `toilet paper'. It is so bizarre and absurd, especially from the mouth of a successful and knowledgeable businessman. He must be holding a grudge somewhere.

Supergeng, the price of gold has dropped back to USD1084 per ounce. Other than for a short spike, the Paris attack had no effect at all on the gold price. It would mean that the trend is still on the down side and may only hit bottom somewhere below USD1000 - which is still a long way to go. There is an interesting article by KCCCHONGNZ today on the topic of `hope' which begs to be read. However, unlike KNM and Hibiscus, there is hope in Bornoil, provided you have the time to wait. It is not price but time.

ktsk88, you're really gung ho on Bornoil! And I'm not in yet! I was in initially but because physical gold was moving down, I sold all before the rights exercise. Unlike other counters, the lower it goes the more attractive it becomes. Thus, for you and I, we hope that it will still go lower. No offence to those who are looking for the opposite. We just have to face reality and act accordingly.

ktsk88 thanks! Price depends on sentiment and holding power. We can never say where the price will be in a panic situation. Congrats to your Instacom, you're going to make a tidy profit. With your style in investing, I believe you're going to make much more in Bornoil.

ktsk88, at what price is attractive to you?

myview, great job! As for The Edge Financial Daily, shame on them for `careless reporting'. Lets hope there is no sinister agenda behind it because many people would have read it and acted on it - and lost money.

Still a stock to watch. May be following the gold market trend. When gold start to move up - watch out! At the moment gold price has not bottomed out yet. 2016 may be a good year for Bornoil.

The fundamentals are there but most investors are only interested in making a quick buck. This creates alot of anxiety and fear when things don't go their way. Perhaps they're overly committed and cannot take a hit. To quote Bill Ackmen: Be afraid when everyone is afraid.

Bill Ackman: "Be fearful when everyone is fearful". Especially if your loans are in USD (toilet paper to some).

Calling Calvin: Time to get rid of your tissue paper currency and switch to RM.

If only life is that simple. Most times, we are so entrenched in our beliefs that we cannot accept views from other sources. The perfect example is the outburst from Calvin above on the USD. How then to have an open mind and share our views.

There are so many out there. Stick to one that you are comfortable with. I'm comfortable with mine. Lets not start another argument on `gurus'.

Is it possible that you may be influenced by the wrong `guru'?

Frankly, with the full conversion of the ICULS, I just cannot see why SAM (Temasek) would want to dilute their shares further. I for one will be mighty glad if they continue to pay good dividend.

Calvin, are all your loans in USD?

Safety first, put your money in USD or debt free exporting companies with revenue mainly in USD.

Has anyone looked into SAM?