kenny888, i thought you gone for good already? How come you are still around XOX?


Stock: [XOX]: XOX BHD

Aug 4, 2020 11:31 AM | Report Abuse

I'm selling...no more patience lah

Watch out. After lunch all Glove counters are going to have a huge crash. A lot of those "get rich quick" investors will get burnt badly. Watch my words.

KLCI is going to drop more than 20 points after lunch !!
A bloody bi correction is coming.

Heck, some of you fellows here deserves to get screwed by the market.Everybody wants fast money. Buy now up 30% in an hour time is the best. No need to wait. Then buy 1 hour later and up another 30%, how nice. What a f**cking daydreamer !!

One thing for sure, if you have this mindset coming to the market, i can guarantee you that you will lose everything when the dust settles down. Most (99.99%) of the people here lose money in the market. The problem is they don't want to admit it only.

Stock market is not a place to punt and make fast money.It is more like the game of GO. You need time and strategy to win. The board game GO invented by the Chinese a few thousand years sometime need a few weeks to conclude a game. If you can play and last a full game of GO then your chances of making a discipline approach to the market is very high. I don't say make money because discipline and patience is the number virtue you need to have before you can even start to make money.

After being disciplined then only you think of strategies to make money.If not you will forever stuck in the loop of donating money to the market.

As Warren Buffet said " You cannot get a women pregnant in 1 month by getting 9 women pregnant ". You still need to wait 9 months to deliver the baby. In other words there is no short cut to riches !!

It is already highly overbought. Waiting for the huge reversal to the mean.

Glove counters are dead. If those investors don;t cash out by today, many will get burnt !!

Faisal Jaafar, i would like to know what is your biggest loss. If i am not mistaken if you can win RM 400k to RM 500k then your commitment should be at least RM 1 million. From your trade journal that you posted, it shows that you bought XOX when it was the hottest stock in Bursa on Tuesday. That also mean you are a momentum chaser.

I am sorry if i offended you. Normally if you are a momentum chaser and when you have experienced 6 figures gains then your losses normally also went up to 7 figures. If you just post your gains then newbies here will think that money do grow on trees in the stock market.Before they know they will get wiped out when the next market crash comes around. As per report by Bursa, our army of retail investors has grown rapidly since MCO.

https://www.channelnewsasia.com/news/asia/malaysia-covid-19-lockdown-retail-investor-boom-share-trading-12894640

If you have been around for long in the stock market. The 1993 Superbull run propelled stocks like Repco, Hwatai, Emico, HWGB and so on to above RM 200 from less than RM 1. You can't find any stocks below RM 10 in the Second Board (ACE market now).then. I still remembered when it finally came down when Daim Zainuddin (then Finance Minister) warn everyone to "Get out now". The wole charade came crashing down. What happened to them. Some delisted but some remained like Emico (RM 0.145) and HWGB (RM 0.67) from above RM 200.

I see a lot of newbies nowadays. Many would think that by diverting their FDs (1.75% interest) to te stock market is te right move. Yeap, it's true, money should seek investments that give higher yield. But for newbies stock market is one hell of a risky place to put your money. You will end up in tears.

From what i see in the chart, XOX is doing pretty well in absorbing the shares that are dumped by inexperienced retailers. They are either in panic mode to cut loss or selling it quick to rake in whatever profits left.

You see in stock market trading one complete transaction involves one buy and one sell. If retailers are selling then who is buying? Whoever is buying are smart money because unlike retailers who chase the stock prices up. Retailers normally bought at the high. Whoever bought today are smart money. Investors who can actually wait for the market to come to them instead of chasing it all the way to the moon.

If i am not mistaken, there is going to be a big announcement from XOX. The fastest will be after the market close tomorrow or after 5.00 pm. ll these HongKi investors are not tom. dick and harry investors. They are the movers and shakers. Just think. why would they want to park their money here when Hang Seng is one of the most liquid stock market in the world. To earn 5% per annum?

They are in for some big action and to do that they need to create a story where investors loved. This 5G and micro financing story will last months. I expect XOX will remain in the headlines in the next one or two months.

I can guarantee at least 80% of those who commented here are newbies. You can check their comment history. I did check a few last night just for curiosity sake. Some of the negative vibe promoter like menort only started last month. Green horn and probably his pubic hair also yet to be fully grown talking rubbish. Most probably he has been burnt badly recently and hence afraid to click the buy button again. Seeing that he missed the boat when XOX was trading below 0.20, he turned sour grape and keep criticizing XOX.

Probably he was one of those trigger happy new retail investors that thought they have found gold in Bursa.

https://www.channelnewsasia.com/news/asia/malaysia-covid-19-lockdown-retail-investor-boom-share-trading-12894640

But instead step into a pile of shit. All these newbies thought that money grow on trees. And they think that by diverting their funds from FDs to the stock market they may earn higher yields. Well any old wood here can attest that trading stocks is one of the most difficult endeavor in the world.

There is an old adage from Wall Street. " If you want to make a small fortune from the stock market, start with a big one"

Are you sure you got the PA conversion right? XOX-PA (0.12) + exercise price (0.025) = 0.145. Right? Wrong !! You are only converting to 0.5 lot of XOX mother share. Read properly. Conversion ratio is 2 to 1 meaning you need 2 lots of PA + 0.05 to convert to 1 mother share. Or (0.12 x 2) + 0.05 = 0.29. That's why you have a negative premium of (18.36%).

So, are you sure you can calculate? Moreover in Maybank Securities to convert XOX-WB to mother share XOX you need 17 working days. That is about 3.5 weeks. To convert XOX-PA to mother share XOX you need 19 trading days. This is equivalent to 4 weeks of trading.So if you convert tomorrow what guarantee is there that XOX share price remains above 0.25 in 3 - 4 weeks time?

If it zooms down from whatever price to below 0.25 then you fellows are screwed? There is no free lunch in stock market trading.

Heck, in every active counters we have investors that are anti establishments, negative vibe promoters, rolling stones, high emotional adaptive syndrome, sour grapes and so on.

Here we have stockraider. He is a loser.If i am not mistaken he got f^^cked properly by NETX. Most probably stuck at high price during the run up in 2017. From what i gather most likely he bought NETX between 0.06 and 0.07. Now that it is trading between 0.015 and 0.02. I understand his anger as most other ACE market shares have already went up 500% to 1500% already.

For your information the ACE index is now trading at ALL TIME HIGH closing at 7930 on last Friday.Surpassing the high in November at 7004. I can call it a SUPER BULL RUN in the ACE Market now. If you cannot make money now then when only you can make money investing in ACE shares? Just remember everything goes up must come down/ From what i see there are not much time left and scope the ACE market can go up. I am expecting a drastic reversal to the mean soon. Soon means within weeks.

As for our friend EagleEye. what i can conclude is that he is more of a rolling stone that gathers no moss type of investors. I have been there and done that. Trying to maximize return on the hottest counters. Jumping from one hot stock to another. Yeap, you will gain some profits in the process but what counts is not during a bull run but when the whole thing collapses. From what i experience and see when the market finally due for a furious correction, what these rolling stone investors earn will be given back to the market. Most investors will need to fork out more because their initial capital might be wiped out. For a lesson see what happened during March this year. Many stocks dropped by more than 70%.

Sharp and cunning investors (successful) don't talk much about the stocks they own. They have done their homework and analysis thus have confidence in it.Even during market turbulence they old on tight a they know stocks are just reverting to the mean. Meaning the market is getting rid of any excesses that are created by all those day trading and get rich fast retail investors. Due to their greed and fear their panic sell and euphoric buy causes much of the gyration in stocks prices. And most importantly they are the ones that normally be long term bag holders or ones that suffer huge losses if they cut.

In a way we need to thank all these retail investors for pushing up the prices for us to sell and throwing down the prices for us to buy. So what is the difference between our retail investors here and their fellow retail investors in US? Not much difference. Here our retailers use Rakuten Trade (cheapest commission) while their brethren in the States use www.Robinhood.com . Read the following articles.

Robinhood investors are at craze over the US stock markets as they are left lonely during the lockdowns plus some extra stimulus cash of USD 600 per week. Well, what can go wrong. Even heavy weights like Tesla, Amazon and Microsoft shares flew to the moon.


https://www.fool.com/investing/2020/07/21/3-growth-stocks-robinhood-investors-cant-stop-buyi.aspx

https://www.bloomberg.com/news/articles/2020-07-13/ten-thousand-day-traders-an-hour-pour-into-tesla

https://www.reuters.com/article/us-autos-tesla-investment-idUSKCN24L28R


Here is another Covidiot (Covid idiot) day trader claims that he beat Warren Buffet in his stock trade. And labelled Warren Buffet as a washout.

https://www.marketwatch.com/story/warren-buffett-is-an-idiot-says-investor-who-claims-daytrading-is-the-easiest-game-ive-ever-played-2020-06-09

So i ask you what is the difference our Rakuten retail investors and Robinhood investors in the US? No bloody difference.The common thing will be all of them will get their fingers burnt when the market finally reverse. They are going to lose everything trust me.This movie has been played many times before with the same caption. "THIS TIME IS DIFFERENT".

Well you know it;s the same old market and story.

Enjoy your weekend fellow investors.

Heck, this pershing fellow is a newbie in iinvestor comment section. Started on 01/07/2020. I reckon he is still very green in stock market investment. From his comments he is into two stocks only. Connect and ancomlb.

Now he is bashing XOX because he missed the boat. Another sour grape loser. From his comments you know that his knowledge in market dynamics is very shallow. That's why he is chasing hot stocks. Never mind e will pay his tuition fees when the market reverses.

Anyway at the meantime just ignore his shallow comments. Not worth the time reading it actually. He will learn his lessons the hard way - big losses.

Another piece of good news for glove makers. 20% of Moderna patients developed serious side effects.

https://justthenews.com/nation/science/moderna-covid-19-vaccine-induced-adverse-reactions-more-half-trial-participants?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators

https://justthenews.com/nation/science/moderna-covid-19-vaccine-induced-adverse-reactions-more-half-trial-participants?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators

Another piece of good news for glove makers. 20% of Moderna patients during trial developed serious side effects.


https://justthenews.com/nation/science/moderna-covid-19-vaccine-induce...

Another piece of good news for glove makers. 20% of Moderna patients during trial developed serious side effects.


https://justthenews.com/nation/science/moderna-covid-19-vaccine-induced-adverse-reactions-more-half-trial-participants?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators

Most probably they will push it down to 0.005 or 0.01c before consolidation. If this play out the whoever bought now also lose money.

Let's say 1 buy 100 lots at 0.02 today. It will cost me RM 2000. If the price drop to 0.01 on due date. Then my holdings will be 50 lots x 0.02 equals RM 1000. Basically i have already lost 50% . So, in order to make back my 50% my eduspec will need to go up by 100% or 0.04.

I am sure when market opens for trading post consolidation there will be millions of lots being thrown out. In my opinion you might get 0.015 on the opening trading day. So why buy now when you can get cheaper later. If i can buy say at 0.02 and if goes up to 0.04 i already make 100%. Instead of buying at 0.015 - 0.02 now.

What i am afraid is sometimes during such exercises they also take the opportunity to raise fund through rights issue and probably comes with free warrant. If they do they shareholders will have no choice but to vomit more money.

So, let's see. Have seen this movie played many times.

1)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3065700

2)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3066492

Die lah like this !!!

Share consolidation already lost another 50%.

Got to wait until when?

Come on Targeted, don't make a clown out of yourself !! Prove it to others.

This Targeted fellow is really funny. Why should i want to hide? If i wanted to hide then i might change my user name to something else. The reason I am using the same cksam with '123' ' extension is because i wanted my followers to know i am still around.

Why am i using cksam123? The main reason is i have upgraded my notebook and it requires me to enter my old password. God knows what was my previous password since it was years ago. Every time i click on 'forgot password' it send me an email to clarify. Ans when i click on the like it redirected me back to the login page. So i got fed up and just changed my user id. Nothing serious. I am very transparent.

Targeted since you accused me of deleting previous comments i would like to place a small bet with you in front of all the investors in Eduspec. Since you said you have te screen shots of my deleted comments then why not post a link on your screenshots. Then let everyone see and then let them go to my historical comments in this user id 'cksam' and check with the time stamp to see whether the comments are deleted.

If there are not around then i offer myself to quit this thread but if the comments are still there then can you please quit this tread? Dare to gamble or not Targeted?

It is people like you and many others that spewed poison at other people that downgraded the quality of comments in i3investor. Accusing and talking behind others but without substance to back up is the lowest of the low tactics.I joined i3invetors a few years ago due to the quality comments that are being shared. However in the last 2 years or so it had became a hatred comment site. A lot of troll inhibit this site and their job is to belittle and making fun of others instead of offering constructive comments where everyone can learn.

Targeted, i am still waiting for your bet. Either me or you leave this thread. OK?

So now i will resume my comments back with cksam123.

NETX has already completed it's accumulation phase. It has been on the churning mill since April last year. Up and down, up and down for more than a year. Volume was very low during this period. Wearing off impatient investors along the way. Many sold off their shares after cursing f@%# off to the company directors and finally throw in the towel.

Interest in the company has actually started again in July this year when daily volume jumped more than 20 x normal daily trading days. Again this is the last phase of shaking out of investors as can be seen when it share price slumped from 0.02 to 0.005 in September.However since October it's share price jumped to 0.025 when there are news saying it might be the beneficiary of a rumor Malaysia is looking into setting up another high tech stock exchange based on the recently launched (July 22019) STAR Market in China.

https://www.investopedia.com/why-china-s-star-market-new-rival-to-nasdaq-is-crashing-to-earth-4774068

NETX is supposed to be the front runner for this project and hence the sudden big spike in volume. Thus creating a big interest in the stock. So i am not surprise if NETX share price were to hit 0.04 or 0.06 in the next few months.

Coming back to Vivocom. Take a look at the announcements.

The Tower project (LOA) Letter of Award November 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4917521

CRCC (China Railway Construction) project (LOA) December 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4917529

Coneff Project LOA January 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4980409

PT Kharisma HOA (Heads of Agreement) February 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4996073

Green Ventures HOA April 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5068745

De Facto Integrated HOA May 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5085289

Goldenhill Devp HOA
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5097657

Kiara 5 Devp (LOA)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5130569

Seni Perspek JCA (Joint Collaboration Agreement) August 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5168537

Dazamega Ventures HOA September 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5194653

Oriental Mace LOA January 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5304553

PJD Construction LOA April 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5399269

SBA Property LOA June 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5459285

and so on ........

Just take a look at the timeline. Almost every alternate 1 or two months there is a new LOA, HOA or JCA will be announced. The biggest killer is when there is rumor flying saying that Vivocom is fronting CRCC for all of their Railway Projects in Malaysia after the LOA for building their workers condo. In other words Vivocom is CRCC's local partner and will be representing CRCC in all of their projects. This send the share price to above 0.60 from the original price of less than 0.15.

With so many LOA, HOA and JCA totalling more than RM 3 billion why Vivocom's share price trading at 0.015 today?

Not easy for those billion NOSH share club counters to double up. Don't talk about 5 or 10 times from the current 0.03. There will be a lot of selling and a lot of churning of shares. It might take years for it to double or triple. Let's take the following example.

1) NETX - NOSH 3.2 billion shares

If you bother to look at the weekly chart. It plunge from 0.11 in May 2017 to 0.02 today. It has been on the ding dong since May 2015. More than 2 years of shares churning and yet still trading around 0.015 to 0.025. It has been in the top 20 volume for few months already.


2. TRIVE - NOSH 2.3 billion shares

Plunge from 0.23 in Nov 2017. After that have been trading between 0.015 to 0.03. You see it is not easy to double up as those volume that hits 0.03 are most probably 2 or 3 lots day. Not easy to sell if you have say a few hundred lots.

Eduspec plunge from 0.14 in May last year. and since then it has been on the downtrend until now. It has only been active since August this year went up to 0.07.

I won't say it won't go up but the selling pressure is just very high. Need months or years to slowly digest the selling pressure. Or as i mention earlier there is a strong catalyst to push the share price up. That will be a situation where there are lots of rumors about excellent QR, getting huge projects, important substantial shareholder coming in, MOU, MOA, LOA, RFP or whatever. Bear in mind that all these understandings or undertakings is not finalized until an actual is signed and chop. If you want to look at how many of these scam undertakings are signed in order to push up share prices then please checkout VIVOCOM's archive in Bursa (more than 10 since 2015).

The share was goreng until it reached more than 0.60. Whenever the share price drops there will be a new MOU or MOA or LOA and etc. When it finally crashed in 2015 all the understandings and letter of intents are just bogus because it lapsed. Whenever a MOU ot LOA is expired then the contract is null and void. That's why i say speculating in all these low price with huge NOSH shares will give you more trouble than it is worth. In the most (99.99%) of the investors got burnt.

After the Oil & Gas and Semiconductor play. I reckon the next theme will be "export based" industries. Those industries that will benefit most from trade war diversion from China to Malaysia is going for the "take off" stage.

Export based Furniture industry will be in the forefront.

https://www.intouch-quality.com/blog/malaysias-furniture-sector-benefits-from-trade-war-tailwind


With the weakening of the Ringgit from about 3.95 to 4.185 currently. It will be a matter of time when the public catch hold of this opportunity. Once the public gets excited on "export based" it will soar like a rocket to the moon.

Up, Up and away .................

On 22/10/2019 i wrote,


" I reckon people are starting to get rid of Eduspec-wb.

If you look at the volume it seems to pick up recently. And majority of the volume done are at 0.01. Today more than 3 million shares changed hands at 0.01. Today, buyers queing at 0.01 averaged about 84 million shares. Used to be 89 million shares a few days ago. Shows that people are dumping to the buyers at 0.01.

Hope this queue of buyers can maintain if not there will be a rush to dump everything at 0.01. Then the buy queue will be 0.005. "

Now look. Buying queue for Eduspec has shrinked to 25.8 million from more than 32 million. Eduspec-wb buy queue has shrinked from over 89 million to 83 million shares.

People will panic sell soon when the queue gets lesses and lesser by the day. So be careful people.

Better take a look at Homeriz (furniture exporter). The direct beneficiary of US-CHINA trade war. This year alone already sign up more than 10 new customers from the US. Another beneficiary of the plunging Ringgit.

Watch out for the QR expected to be out these couple days. Expected today. You will never regret. May double your money before 2020 Chinese New Year.

If you look at the NOSH it now stands at 1.268 billion after AOL converted some last 2 weeks. If AOL were to convert all it's Preference shares then it will bloat the NOSH to about 1.768 billion shares. This is huge and this makes the profit last quarter more difficult than the previous one because the NOSH has increased. In comparing company profits it is not the amount that is important but the EPS. If company A has 100 million shares and reported a profit of RM 100 million then the EPS is 1. However if company B with a NOSH of 1 billion and the profit is RM 200 million then the EPS is 0.20. So, analyst only look at EPS and not net profit.

In this case Eduspec reported a profit of 925,000 or 15.48% profit margin might look impressive. But the EPS is only 0.10. So if Eduspec were to maintain the EPS of 0.10 then Eduspec will have to report more than RM 1 million because the NOSH has bloated due to the conversion by AOL.

So, in future maintaining a high profit will be much more difficult when AOl convert all their preference shares.Someone also always said the target price is 0.37. Do you know what is the market capitalization of Eduspec? It is valued at more than RM 654 million (1.768 billion shares x RM 0.37). This put Eduspec in the top 10% of the market capitalization in Bursa. Possible or not? What business is so bloody profitable Eduspec is getting into?

Now it seems like there is totally zero interest in Eduspec. Volume seems to have disappeared. There is two way of looking at this. No volume represents.

1) No more sellers or have already dried up, for this round.

2) Big boys have already abandon this counter after making a killing when they scoop up between 0.02 - 0.025 beginning of this year. With the free warrant they are making more than 100% this round. Have not even talk about AOF. Those bastards also make more than 100% earlier. Now waiting to convert more should Eduspec shares go up more. If i am not mistaken they still have something close to 500 million warrants yet to be converted. For Eduspec share to go up meaningfully you need.

a) Big announcement for a big project.

b) Huge profit reported in this coming quarter.

Then only it will spur interest in this counter to absorb all the AOF shares. If not those fellows will keep on converting and slowly sell whenever there is a spike in Eduspec shares. In other words, the market need to clear off all the AOF block of shares (500 million) first.

If not it will be ding dong around this price for a long time maybe 1-2 years. Just look at connect, netx, vivo and etc. Those fellows has been consolidating for years. Hardly move the share price after their corporate exercise of PA, Free warrants and rights issue. This is a long term hold share not speculative. You need balls of steel to hold that long.

Seems like the buy queue for Eduspec have reduced to 28.7 million shares from 32 million shares yesterday. Someone just pulled out about 4 million shares from the buy queue. If you look at the number of contracts in the buy queue it is almost the same. Like today there are 170 contracts to buy and yesterday it was almost the same contracts. This shows that those that are queing everyday are the same buyers.

Hopefully, no more investors are pulling out their buy contracts if not 0.03 is not sustainable.

I reckon people are starting to get rid of Eduspec-wb.

If you look at the volume it seems to pick up recently. And majority of the volume done are at 0.01. Today more than 3 million shares changed hands at 0.01. Today, buyers queing at 0.01 averaged about 84 million shares. Used to be 89 million shares a few days ago. Shows that people are dumping to the buyers at 0.01.

Hope this queue of buyers can maintain if not there will be a rush to dump everything at 0.01. Then the buy queue will be 0.005.

Hello !! Am i in the right forum, Why so quiet?

What happened to everybody?

For those here still HOPING and ARGUING over STEM here STEM there. I reckon you fellows should read this while waiting for the so called Big STEM project going to be rolled out soon.

https://www.malaysia-chronicle.com/?p=177038


If you read it properly you should know that.

1) Our education system is going to get screwed from next year when there will be streamless secondary education.

2) STEM graduates remains the largest unemployed graduates. Good for GRAB taxi,FoodPanda and GrabFood delivery boys.

3) Less than 20 % of students currently interested in STEM courses and will be around 16% when the streamless education starts next year.

4) Teachers are worried over streamless system as students will choose easy subjects over STEM subjects.

5) The truth is currently only 20% students in Science and 80% in Arts stream.

6) Science labs has been abolished in Malaysian schools?

Please read above before HOPING will dish out large STEM contracts to promote what?

1) Unemployed graduates

2) Food delivery boys

3) Encourage more Malaysians STEM graduates to work in Singapore since there is no STEM jobs here?

HOPE is one of the three biggest killer in investment. The other two are FEAR and GREED.

Wake up lah !! all of you.

Now what? I reckon the following process and timeline might play out.

1) March to May - Excitement on proposed bonus warrant - anti climax

2) June to September - Excitement due to Warrant B distribution - anti climax

3) October - Excitement due to Budget announcement - anti climax

4) October - Excitement due to Warrant B listing - anti climax

5) October to December - Announcement of TVET project by MOE

6) Jan - March 2020 - Excitement due to New streamlining of Arts and Science

7) April - June 2020 - Excitement due to full conversion of RCPS

8) July to Sept 2020 - Excitement due to higher price Private Placement (PP)

9) Sept - Dec 2020 - Excitement due to new shareholder from PP

9) Sept to Dec 2020 - Excitement due to disposal of Private Placement shares

10) Jan - March 2021 - Excitement due to need of finishing budget allocation from MOE. Hence new project for STEM and TVET should be announce anytime.

11) April - June 2021 - Excitement due to rollout of expected projects

12) July to October 2021 - Excitement due to higher allocation of budget to Education. Expected to reach RM 70 billion.

Thereafter rinse and repeat. I am sorry, i hope i am wrong in my prediction.

If you are a smart investor, you should be looking at diversifying your investments. Follow the smart money. If you look at the top decacons in 2019 you will notice that there is one Malaysian decacon. It is ranked 11th and known to everybody in Malaysia - GRAB. The founders are the children of Tan Chong Motors Malaysia but unfortunately or fortunately it is now based in Singapore.

You don't need to be rich to diversify but stupid not to diversify. Shenzhen is a bigger success story than Silicon Valley. You just need to put RM 500/1000 into ten unicorns or decacorns companies and leave it aside for the next 10 years. At the mean time you guys can continue your casino (gambling) operation in Bursa Malaysia.

https://www.cnbc.com/2018/11/28/investing-in-china-jp-morgan-expects-unicorn-startups-in-next-5-years.html

https://medium.com/act-news/chinas-top-10-unicorn-companies-dfcb9fb855fc

https://venturebeat.com/2017/08/26/hardware-unicorns-are-on-the-rise-and-china-is-dominating/

China is the way to go. It's economy will be many times larger once One Belt One Road completes its link to the UK.

I reckon we can forget about the Malaysian market if you want to make real serious money. For the next 5 - 10 years i don't think there will ever be a Malaysian company that will reach the status of unicorn or decacon of finance.

https://www.investopedia.com/terms/u/unicorn.asp

https://fourweekmba.com/decacorn/

You see in 2019 out of the 20 decacorns 5 are from China.There will be more in the future.

Because MSCI has issue an overweight on Chinese stocks. There will be hundreds of billions of dollar coming into Chinese stocks. Western pension and institutional funds will be forced to invest their funds into the Chinese stock markets in China (China and Shenzhen). They have to own Chinese stocks in their portfolio allocation.

Another big factor for the Chinese push is the Chinese Government has announced in 2018 that they investing into big in their pension funds. The Chinese Government in fact is going to pour more than USD 1 trillion into their pension funds and hence the stock market.

Startups like Tencents has since increased 58,000 % since its IPO, Baidu increased more than 70,000% since its IPO. Alibaba has since increased more than 5000% since it's inception a few years ago. Meituan and DJI (biggest drone maker in the world) is going to list their operations soon.

So why wait for 50,100 or 200% rise in Malaysian stocks which may take years. Look into the Chinese markets.

No lah, i am out of the market since early this year when i saw our market is moving in tandem with other global markets. When they are up we are either down or sideways. When they are down we are also down. So, something very fishy is happening behind the scene. This might be due to the following.

1) foreign funds are selling into strength since last year in fact.

2) there are a lot of local listed companies applying for resolutions for share buy-back. You are in trouble when you either use your cash balance or loan to buy back shares in order to boost share price. Again as i mention earlier Malaysian companies are using cash reserves to buy back shares instead of investing in R&D.

3) deep trouble in our economy. Earnings filed by listed companies are getting from bad to worse. Just count how many company reported losses compare to making profits? Even heavyweights like KLK and Public bank also gone case.

4) Invisible hands from Ministry of Finance and Bank Negara are support the market. By buying up index linked shares in the last 5 minutes of trading so as to push up the index. You just observe this phenomena.

5) Half past six Pakatan Government Ministers like our Shoe Minister and Food Panda Minister. How to priogress Malaysia?

So, now you know why i am not investing. Taking a break and holiday.

I don't own any Eduspec shares. I am only an observer and at the same time studying investor's behavior.

I am not against buying Eduspec shares. In stock market you never know sometimes these big boys play reverse psychology. When everyone is disinterested they will make the move, Moving Eduspec share by 1 - 2 cents in a day. When retailers start loading up they will unload. Then the bastards will disappear again leaving the retailers play among themselves. In the end the share price will be bogged down by gravity as no fresh funds coming in. They will wait until the retailers given up hope and then they will make their second move. Rinse and repeat.

But the main point here is if those innocent investors didn't buy earlier can now buy both Eduspec + Eduspec-wb at 0.045 cents. A saving of at least 20 - 40 % depending on whether you bought at 0.055 or 0.07. Is buying now a better deal? If those promoters have not promote Eduspec until sky high then would'nt it be the best thing ever happen to those investors? So to all investors out there especially those newbies beware of those promoters. They are normally the ones that bought earlier (normally higher) and now desperate to unload their baggage.

LOL, can't blame Rselamat of being frustrated. Before the issuance of the so called free warrants there were few people kept promoting Eduspec, Until it reached the feverish stage where it is going to be a cock sure investment.If you don't buy now you will surely regret later.Hence, it created what is known as a psychological disorder called FOMO or Fear Of Missing Out. I am not against it but those poor innocent investors who has FOMO phobia rushed in and buy without doing any research.

Now they are stuck with their hard earned money and who are they suppose to look to for advise since those jokers have disappeared from the scene. Where are they when those poor souls needed them for advise? They want answers to questions like.

1) why is the warrant stagnant at 0.01 to 0.015
2) why is the mother Eduspec price stuck between 0.035 and 0.04
3) why suddenly all the big players disappeared? Volume plunge to a few million shares?
4) why there is no rally before and after the issuance of the warrant as promised?
5) when is the rally (supposedly) coming? Is it going to happen before or after the budget?
6) how long more got to wait?
7) what will happen if there is no announcement on Eduspec getting the project?
8) why suddenly this Eduspec thread like ghost town? where is everybody since this is not the hungry ghost month?
and so on ......

If you want to know why China attracts the most R&D in recent years then read the following.

https://fortune.com/2015/10/26/asia-research-development-spending/

And also why Malaysia is not attracting global R&D? Read the following.

https://www.nst.com.my/opinion/columnists/2019/08/516879/private-sector-should-invest-more-rd

The main problems are :

1) Malaysia companies are not spending enough in R&D and thus lacked vacancy for STEM graduates
2) We don't have the eco-system for the high tech industry to flourish
3) our STEM graduate lacked communication and language (English) skills
4) Our R&D money is not going into the right place or what known as 'mis-allocation of resources' in economics.


All of the above resulted in making Malaysian STEM graduates the highest unemployed graduates.

So how now? What should our government do now? Increase the number of STEM graduates and at the same time increase the number of unemployed graduates? Should the government address the problem of the current batch of unemployed STEM graduates first by investing or bring in more high tech FDI?

Which company files the most patent in 2018?

https://news.cgtn.com/news/3d3d514e3159444e33457a6333566d54/index.html

Then again, a Chinese company (Huawei)..

So, they got everything right from their education system from Primary to Secondary untll Tertiary education.

About those Central Asian countries like Uzbekistan - Tajikistan - Kazakhstan or whatever ...stans. They will not adopt our Malaysian mode of education because.

1) Our Education system is in tatters. We are still arguing whether to teach Jawi next year onwards. And also still arguing whether to adopt Bahasa Malaysia or English as the medium for STEM.

2) All these Central Asian countries falls into the route of OBOR or One Belt One Road promoted by China. There will be a High Speed Rail linking Asia from Singapore to Europe which ends in the UK. Apart from the HSR there will be massive infrastructure projects like highways, bridges, toll roads, railway lines, seaports and so on being finance by the AIIB which is controlled by China.


https://en.wikipedia.org/wiki/Asian_Infrastructure_Investment_Bank

So, whatever projects they are embarking they will first look to China.

3) China's education is a success. How Successful is your education systems reflects to the amount of patents filed with WIPO or World Intellectual Property Organisation.

https://www.wipo.int/ipstats/en/#data

Read the following article on who filed the most patents.

https://www.weforum.org/agenda/2015/09/which-countries-file-the-most-patent-applications/

So what makes you guys think our Malaysian Education system is superior?

typo error. Should be Prestariang Berhad or Presbhd

Heck, don't be so naive !! Even if there is an announcement in the coming budget regarding allocation to education, you still need to fight for the projects. Look at last year's Budget allocation for education. It was the largest and where have all the money gone?

Annual Budget only announces fund allocations to different sectors of the economy and not the winners of whatever tenders. After that there will normally be the RFP or Request for Proposal process. During this period the specific requirements will be identified. Only ten they will call for a tender regarding the different specs and equipments to be used.h

This process will normally take months and not weeks. Another obstacle is that there are many other companies that will be eyeing for the contract. Prestar is also a front runner as it has been a microsoft distributor/provider to the government.
Hence it is not as easy as many of you think.

Wow !! Now cheaper to buy than before giving free warrant. Eduspec (0.03) + Eduspec-wb (0.01) = RM 0.045. Plenty of stock available. No need to wait. What i am afraid it might go the way like MNC. From 0.125 on the 24/09/19 down to 0.035 today after issuing free warrants plus PA. Drop almost everyday between 0.005 to 0.01.

As i have posted earlier.

" If warrant listing price is 0.05 then the mother share Eduspec will be RM 0.005 after ex.
Base on yesterday's closing of RM 0.055 then

RM 0.055 - RM 0.05 = RM 0.005 "

Come on lah people. Be sober man. If there is such a thing as "Free Lunch" where free warrant or bonus share or dividend payment where there is no adjustment in the mother share price then everybody is a millionaire. Who wants to work or go to Genting or buy Magnum or Sports Toto or Race course or buy properties or invest in FD or Mutual Funds.

All they need to do is to watch out for free warrant, bonus share or dividend payment in the Edge Daily or The Star. Just look at Airasia's recent special dividend payment of RM 0..90 which was ex on July 29th. The share price drop from RM 2.77 to RM 1.87 after ex-date. So basically the shareholders are paying for their own dividend. Today the share price is only trading at RM 1.81 and the lowest since the ex-date is RM 1.71.

So, basically those who don't buy the share for the special dividend of RM 0.90 will be better off if the buy when the share was trading at the low of RM 1.71 last month till RM 1.81 today.

So, for those who thought free warrants is free better rethink again !! Eduspec share price will adjust accordingly. There is no "FREE LUNCH" in this world !!!

If warrant listing price is 0.05 then the mother share Eduspec will be RM 0.005 after ex.
Base on yesterday's closing of RM 0.055 then

RM 0.055 - RM 0.05 = RM 0.005


So ?

Prediction on 19/08/2019

So, let's start with potential price target.

by 25/08/19 0.055
by 01/09/19 0.05
by 08/09/19 0.045
by 15/09/19 0.04
by 22/09/19 0.035


So, the above are the price target and support level for Eduspec in the coming weeks.

Ini kali lah, goyang bola !!!

In accounting entry, how do you resolve this RCPS issue if it is distributed as what you claimed?

Even if the Rcps is issued to AOF or whoever the instrument will still be a listed entity. There is a conversion ratio for converting the RCPS to mother share. The underlying benchmark is the price discovery of Eduspec at end each trading day.You mean the RCPS is not going to be a listed entity?

See below the following companies that issued Preference Shares.

1) Tawin

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6249165

https://klse.i3investor.com/servlets/stk/7097pa.jsp

2) VC

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6153853

https://klse.i3investor.com/servlets/stk/0060pa.jsp

So?

To clarify better refer to the latest listing below dated 21/08/2019

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6259177

Issuance of up to RM 60 million worth of RCPS. RCPS is a Preference Share when listed it will be Eduspec-Pa. You will have to subscribe for it before you can get any free warrants. Preference share is like a warrant. It carries a conversion price and maturity. Meaning if you don't convert when it matures then it is considered burnt.