Eduspec DEAD Liao !!!

Hopefully after CNY they don't ask anymore funds from shareholders. Instead of receiving shareholders are giving Angpao to the big bosses ?

Well it looks like this losing quarter will be a good reason to call for another round of fund raising. Be it Preference shares, Private placements, Bridging finance, Overdraft, Loan stocks, Bond issuance, debt equity swaps, angel investor financing, Rights issue or whatever. Those fellows up there will have a field day milking small shareholders again.

Like i said earlier, playing these penny stocks, the risk is very high, But High risk high return. The only way to reduce your risk is to diversify. I will show you what do you mean by diversification in penny stock investing. Read below

https://pennystockwhizzkid.com/john-templeton-the-penny-stock-billionaire/

You see investment legend Sir Templeton also had a third of his portfolio wiped out. He is lucky to invest in more than 100 stocks not one or two. If he had invested in just a couple of penny stocks then his chance of getting wipe out is very high.

Buy queue has dropped from 112 million shares on 08[01 to 98 million shares today. The sell queue increased from 31 million to 32 million shares. Hope this trend will reverse soon if not they will throw everything to the buy queue.

Yalah,unfortunately atuk still calling the shots !!

https://says.com/my/news/tun-m-says-he-wants-change-school-syllabus-as-students-learn-nothing-except-islam

Sadly in Malaysia it is not what you know but who you know is more important. You got to live with it. This is Bolehland !!

Anyway as i have predicted earlier with Maszlee gone, YTL will once again rule the online education space.

https://www.malaysia-chronicle.com/?p=183509

I reckon YTLC will again try to corner the online education space.

https://www.theedgemarkets.com/article/ytl-power-unit-ytlc-keen-bid-internet-services-schools

If you guys want to know why ATARAH promoted Eduspec so intensely then just click his screen name and the click comments. Then you will see all his historical comments.

Damn, in my 35 years of investing i have never seen anybody being so faithful to just ONE stock and that is Eduspec. From the comments eversince from July 19th 2019 he has not been commented on any other counters other than Eduspec. Yes only ONE and it is Eduspec. It goes back to March 12 2019. Before this it was Armada but he cut loss in Armada which i believe around RM 0.19 which was about the lowest. Then Armada turned around and went up to 0.555 a few days ago.

Another two stocks that bombed ou are Sumatec and NETX. You all know what happened to Sumatec and NETX stuck between 0.02 to 0.03 since it dropped from 0.11 in 12/05/2017.

Heck, ATARAH for your survival sake i suggest the following.

1) diversify your portfolio. you will be dead meat when the next market crash comes around. I used to be like you, concentrate on 1 or 2 stocks. When it go down i am almost wiped out. Missed all the oppurtunity cost from investing in other counters. I suggest you better diversift=y into at least 6 to 10 stocks.

2) Penny stocks are not for the wise. A lot of people think that by buying penny stocks they are able to gain back what they lose in a heartbeat. Say for Eduspec to rise from 0.025 to 0.10 is only 0.075 cents. Easy right? Some more can gain 750% from your capital. But all of you forget that these companies share price are dead low for a reason. They are not of investment grade for professionals and often an ideal investment vehicle for those greedy and wants to get rich fast.

In the investment world there is this risk and return. Low risk low return and high risk high return. More truth is that slow rise slow drop and fast rise fast drop. If it can rise in a parabolic manner it also can drop in a parabolic manner.

In short there are no free lunches in the investment world. Sorry ATARAH this is not to put you down but an advise for you if you still want to play the stock market in the coming years. If not your days are numbered.

They cannot (damn difficult to) hack it if you compile it to an .EXE file

Anyway the above is a sample computer code for an automatic computer trading software. The basic is there . All you need to do is to convert it to Python or Matlab computer languages and you are in business. All the program does is read all the daily transaction records done on Bursa. You set the parameters, conditions, price target and so on. It will run by itself everyday and will execute the trades according to your specifications

Of course the real working platform will involve hundreds of lines if not thousands depending on how complicated you want it. .

Wakakakakakaka

I hope Eduspec share does not end up as follows.

Select BURSA_DAILY_TRADING file
Go top
condition = boolean

Do whiile condition = .F.

If procedure Mahathir_resign = .T. (and share price >- 0.075) then EXIT

Elseif procedure Budget2021 = .T. (and share price >- 0.075) then EXIT

Elseif procedure school_reopens = .T. (and share price >- 0.075) then EXIT

Elseif procedure pakatan_anniversary = .T. (and share price >- 0.075) then EXIT

Elseif procedure budget2022 = .T. (and share price >- 0.075) then EXIT

Elseif Eduspec_price > 0.075 then EXIT

Elseif year() > 2025 then EXIT

Endif

read (next BURSA_DAILY_TRADING file record)
loop

Enddo


I hope we don't end up with the above scenario.
You see from the above if any of the conditions or Eduspec price > 0.075 (triple from now) are not met then we will still be stuck until 2025.


.

All i can see is the sell queue has increased from 31 million shares to 33 million shares today. Other that that nothing exiting !!

What so exiting? Can't really figure out the Dr Mahathir and Eduspec catalyst.

You mean Eduspec shares going to fly after 2.30 pm?

Roadmap of future Eduspec corporate action.

1) New Education Minister announced.

If share price fly then SELL

ElseIf share price don't move then HOLD

Elseif share price plunge then SELL

Endif

2) Wait and see if Mahathir resigns in May

If share price fly then SELL

ElseIf share price don't move then HOLD

Elseif share price plunge then SELL

Endif


3) Wait till the 2021 budget announcement n October

If share price fly then SELL

ElseIf share price don't move then HOLD

Elseif share price plunge then SELL

Endif

4) Wait for school reopens in 2021

If share price fly then SELL

ElseIf share price don't move then HOLD

Elseif share price plunge then SELL

Endif

5) Wait till second anniversary of Pakatan Government for goodies announcement

If share price fly then SELL

ElseIf share price don't move then HOLD

Elseif share price plunge then SELL

Endif

6) Wait for the 2022 budget announcement in October 2021

If share price fly then SELL

ElseIf share price don't move then HOLD

Elseif share price plunge then SELL

Endif

The above scenario will play out nicely provided there is no more whatever alphabet used for the next fund raising. Be it Preference shares, Private placements, Bridging finance, Overdraft, Loan stocks, Bond issuance, debt equity swaps, angel investor financing, Rights issue or whatever.

Every 0.005 drop in Eduspec represents a 20% drop. That is a huge drop. If drop 0.01 then it will be a 40% drop !!

But the sell queue has now grown to more than 31 million shares. The biggest support is at 0.025 with 112 million shares. After that not much support at 0.02 and 0.015. Hope fully those fellows don't panic or got margin call elsewhere and start force selling Eduspec.

0.025 is the critical support. Hope it won;t break in the coming days with the US/Iran war escalating to a new level. By then,I am not surprise to see our KLCI dropping 30 - 50 points a day. At that point not only Eduspec is dead, the whole Bursa is dead meat. Look at today's performance, second and third liners are dropping ;like shit.

We need to face reality folks. Malaysia has been lacking behind other ASEAN countries for the past few years. Vietnam is already overtook us in terms of economic development. Don;t be a fool to listen to all those Government promoted propaganda saying our economy is very resilient, our education system is world class or we are the preferred destination for foreign investors.See below.


https://www.thestar.com.my/news/regional/2019/12/30/vietnam-city-needs-to-fill-320000-job-vacancies-next-year

https://www.freemalaysiatoday.com/category/nation/2020/01/07/india-asks-refiners-to-avoid-buying-malaysian-palm-oil-says-report/

We tend to build things first then only look for customers. Look at the reports below.

https://www.thestar.com.my/business/business-news/2019/08/12/office-space-glut-in-malaysia-worsens

https://aliran.com/thinking-allowed-online/huge-property-glut-no-problem-reclaim-more-land-and-build-baby-build/

The same goes with our industrial and human resources infrastructures. We built too many private educational institutions that are basically farming out graduates especially STEM graduates.Just to keep up with the Joneses our private institutions are producing STEM graduates like factories churning out massive products. Can't blame them because there are there to make profits.In the end there is an over supply of STEM graduates but we lack the industrial infrastructures to provide jobs for them. Now STEM graduates are a pain in the ass. This group of graduates constitute the largest unemployed in the country.


https://www.theborneopost.com/2019/04/07/tough-love-for-stem-threatens-labour-market/


https://www.freemalaysiatoday.com/category/opinion/2019/03/20/stop-pushing-stem-and-giving-false-hopes-to-the-young/

https://www.malaymail.com/news/what-you-think/2019/09/10/malaysia-faces-youth-unemployment-crisis-murray-hunter/1789238

Malaysia needs to rethink it's priority in future economic planning. Do they still wants to give out more permits to open new private institution? Or prioritize on FDI to bring in higher quality investors with tax holidays and other perks like cheap land and local Govt support? Instead of bring in FDIs that are interested in our low cost labor?

So what is the point of producing more STEM graduates when there are no jobs available to them?

Come on lah guys !!! Be real man. Do you guys know what Maszlee did behind as the Minister of Education. F#$k !! you think that fellow going to implement STEM education?

Read for yourselves lah.


https://www.malaysia-chronicle.com/?p=183369


Don't be so bloody naive lah you fellows. You guys will be lucky if he have not converted all our schools into madrasahs !!

Heck man, some more hope for the new Education Minister to quickly sign the whatever so called STEM education contract. Damn, you fellows here are really ultimate gamblers. Always rely on HOPE and HOPE and HOPE.

Education Minister already gone.
School term already started.

Now what are we waiting for?

Like Private Placements, RCPS is to milk small investors dry. If not how the hell the authorities allow them sell their shares in a heartbeat? In Wall Street every now and then they will come out with all these funny alphabets with the intention of scamming small investors and fattening the pockets of major investors.

Most of these public listed companies are run by crooks. When their company makes money they will declare dividends and when they lose money they will call for rights issue. When they want to make extra money they will call in new investors through PP, RCPS, ICPS and so on.

In all of these Government contracts there is always this clause VO or Variation Order hidden in the agreements. That is how they make super profits from the Government. If you analyze most government projects many have incurred additional cost due to increased price in raw materials, labour shortages, weather problems, land acquisition problems and so on and so on and all the grandfather stories.

They will use the Variation Order to bill the Government for addition costs even though the projects seems to run smoothly. That's how they make hundreds of millions extra on these projects and that's how they milk our Government dry. If not how can Malaysia that has abundant of natural resources still ended up owing other countries tons of money?

Now Education Minister also gone already. Now what?

The day Maszlee ende 1Bestari Net he is already gone case. YTL's connection with the BN government does'nt begin recently. It has a long history way back in the 1950s during Tunku Abdul Rahman's time. It was the founder of YTL or Tan Sri Yeoh Tiong Lay that builds the company.If i am not mistaken one of the iconic project YTL have done is Stadium Merdeka. Along the way it has benefited from Malaysia's modernization program during Mahathir's reign.

1Bestari project does not involved YTL alone. Many political cronies are involved. If not how can it monopolized on an IT project that takes about 20 years to complete. Now they (YTL and their Cronies) have the last laugh to the bank. First they will get compensated for the cancellation of their project. Secondly, they will bid for the new project (the phase two of 1Bestari in disguise) and will walloped the government with higher costs.

This type of mega projects is very difficult for small companies like Eduspec or Prestariang to swallow because of the lobby and political connection involved. Even though if the project is given to another company i am assure you that the same people will be behind that company. This the SOP of large procurement in our Government. If not how to justify buying fighter planes (Russian MIGs) or patrol and littoral vessels (build by Boustead Heavy Ind) that either cannot sail or delayed or Scorpene submarines that cannot dive or battle tanks let to rot in jungles because of our hot and humid weather?

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/naval/ships-naval/malaysias-littoral-combat-ship-programme-faces-three-year-delay-cost-overruns/

For your information Boustead is an UMNO linked company. So please don't put too high hopes for the so called mega Education project. Because whoever the new Education Minister is, i am sure he is going to play it safe and just do some touch up on the current system

GOOD MORNING investor !!. Merry Christmas and a Happy New Year 2020.Look at the brighter side of things. Money is just fiat currency. Don't think or worry too much over it. It;s just a piece of paper.

So in a few days time will be 2020 so we have to take on a new look, We have to cheer up or else we will be ship out like Dr Mahathir. By May 2020 if Mahathir doesn;t ship out then we will be shit out. Because there will be chaos in the market. Foreign investors will move out in greater numbers. KLCI will easily drop a few hundred points.

So, let;s be happy at the meantime and sing the Chinese New Year song since it is happening in less than 1 month.

Gong Si Gong Si Gong Si Nee !!!

Come on !!!!

Fa, la, la, la, la, la, la, la, la!

Come on guys, cheer up !!! This is the season for joy and happiness. Not grumpy. Stocks don't go up never mind we can wait till next year and the year after and the year after. Never mind just forget about it for the moment. Let;s be happy together. Stocks are just paper money. Come let's sing together.

Fa, la, la, la, la, la, la, la, la!

This forum DEAD liao !!! Where is everybody when we need them to cheer up all the investors here. Heck, now is the time we need court jesters and jokers not when EDUSPEC is sky high.
Come on lah guys, give us some entertainment when we need it most,

Come on, let's sing Christmas Carol together.

Deck the hall with boughs of holly,
Fa, la, la, la, la, la, la, la, la!
'Tis the season to be jolly,
Fa, la, la, la, la, la, la, la, la!
Fill the meadcup, drain the barrel,
Fa, la, la, la, la, la, la, la!
Troul the ancient Christmas carol,
Fa, la, la, la, la, la, la, la!

See the flowing bowl before us,
Fa, la, la, la, la, la, la, la, la!
Strike the harp and join the chorus.
Fa, la, la, la, la, la, la, la, la!
Follow me in merry measure,
Fa, la, la, la, la, la, la, la!
While I sing of beauty's treasure,
Fa, la, la, la, la, la, la, la, la!

Fast away the old year passes,
Fa, la, la, la, la, la, la, la, la!
Hail the new, ye lads and lasses!
Fa, la, la, la, la, la, la, la, la!
Laughing, quaffing all together,
Fa, la, la, la, la, la, la, la!
Heedless of the wind and weather,
Fa, la, la, la, la, la, la, la, la!

I will say that Inari should test the 1-75 level soon. Whether it will break this level is another question.

Hahaha !! This Gooshen fellow is really funny. Has been persuading people to sell and sell and sell and sell but to no avail. As said the other day, Inari has seen it's worst days in 19/12/2019. Explosive volume on that day signifies a short term bottom. In fact if you look properly at the chart, there exist a divergence from 04/12/2019 till 20/12/2019. As for now onwards all i can say is that it is safe to buy.

In stock market it is very important to differentiate the advantages between short, mid and long term. All of us want to make money in the short term right? Not buying and holding for umpteen years.As for myself short term is very important because the longer the time horizon going forward the riskier will be your investments. This is because we don;t tend to know what is going to happen in the future.

Take for example i am sure you know what are your plans today, tomorrow or even until next week. But can you predict what are your plans 2,3 4 or 5 weeks from now? No right? So the time factor is very important in investments. If there is an opportunity then we just capitalize on it be it 1,2,3,5 10 or even 14 days. Why wait until sell at the highest price. Nobody knows when is the best price. In other words if your investments beat your benchmarks then sell and take profit. Why wait until 2,3,4,5 or 10 weeks where the risk of it going back down is high !!

Thus,don't listen to all those half past six analysts here that only provide you fellows half the solution.

Who is this fellow by the name of GooShen? Talk as if he is the authority for Bursa Malaysia. I reckon he is just one trumpeter (or tin kosong) of stocks. How the hell is his justification for Inari to drop to 1.20? Just by looking at a few charts and come to a tea leave reading conclusion?

Nah !! Trading stocks is not as simple as it seems. What i can say that he might have met his Midas touch a couple of times and start bragging. Always remember Hubris kills in stock market investing. Never think you can outwit Mother Market in investing, be it stocks, currency,commodities, bonds and etc. It will find a way to screw you up before you know.

All i can say is that Inari's selldown is done with on the 19th Dec. There is a blow off in volume and hence represents the final force selling in Inari. Support looks solid at 1.60. Volume has subsided tremendously and hence forced selling is drying up. Now it's time to buy if some of you dare. Don't listen to all those half past six analysts.

Always remember HUBRIS kills in investing no matter what type be it stocks, commodities, currency, bonds and etc. All i can say is that the performance of this GooShen guy in the long run will not be much better off than you guys.