$1.50! And rest assured that calvin tan is NOT on board!🙂

Posted by dompeilee > 2 months ago

After buying @ 34.86c in Jun '21 & selling some @ 36.5c in Oct that yr, I STILL hv 10 lots left now!

SOLD the balance of my IFCA MSC @ 82.5c...meat mostly gone, let others earn from the bones... Byeeeee!!!🤗

But the proposed acquisition approved by resolution has not gone through at least till Oct 26th at the earliest while Kuchai is still in Great Eastern's register as the owner of 3,032,000 of its shares so how can OCBC be buying from SBagan more than its own 1.73 mil shares?

Looks like by the time the deadline for the exchange arrives, Great Eastern would already be swallowed by OCBC & the original agreement has to be significantly amended to reflect the much enlarged cash pile & the corresponding reduction in the equity asset column.

If anything, the Great Eastern saga has probably emboldened surin, who's probably thinking : "If a deep-pocketed bank can be mean-spirited & cheap, so can I!"

What a WEEK! 55****+ in earnings thanks to Great Eastern, YTL & today, Japan Power Fastening! The 8th best week of my 30 years in the market as well as the BEST JUNE in those 30 years!!!(1994-2024) A bonus is that I had thought I had SOLD all my CMSB earlier this year but today's dividend credit made me aware that I still had 1 lot left...a nice thing to have with the price hitting 52-week highs!🤗

Now that it already ex-dividend, with no more coming for more than 4 months, I think it will go down to at least 6.50 in the next few days. I myself already EXIT-ed yesterday @ $6.87 after bagging the latest dividend, refusing to be trapped like I was for 8 years from 2014-2022!

Lucky me : Q @ 20.02 on a whim this morning & bought 500 shares, switching from Orient which I SOLD @ the open match 6.87 on ex-dividend day!

Tall tale by calvin tan, spinner king of jurong west. In i3, if it's not declared shortly after the purchase, it's not believable, especially given the track record of honesty nowadays in m'sia/s'pore!🤔 Pure coincidence that I also SOLD a little bit @ $1.42 this morning to cement 968 sessions of profit successively!

Even if he raises the offer, it will be Scroogey at best eg 10-20c. A lot of the most optimistic projections are rather speculative & perhaps too forward looking to help at this stage...maybe if the SCR FAILS & no more offer for 1-2 yrs like CCB by Jardines, then will get closer to the upside possibilities mentioned.

No la...with the chinaman James_BOMB inside, probably rise to $20 by 4Q '24 in the most optimistic scenario.

Finally pulled the trigger on my LOWEST-priced BUY of PetDag in my 10-year career trading this stock for $1,857 in capital gains & over $1,000 in dividends...@ $17.22! The previous lowest was $17.50 in Oct 2020 🤗

As befits a 3rd world backwater, many major shareholding-individuals notoriously SHORTCHANGE minority owners over the years: crooks like Chen Lip Keong of Petaling Tin(was lucky to escape that one with a profit), Yap Yong seong of Olympia(ongoing delayed saga) & quite a few others.

Bob Prechter Elliot wave guru called for SELL on the Dow @ 4000 points in 1994. Now the Dow is how much???😂

James_Bond

Collected PetD at 17.28-17.40! Cheers!

5 days ago

James_BOMBED...😂...plunged to $17.08 only...xiao-mee-promoting chinaman running from crashing Shanghai stockmarket downgrading to m'sia to play stocks here out of desperation!🤣

Sooo...the other takeover target Great Eastern finally settles down to the exact takeover price of S$25.60, 2 days after I SOLD my shares slightly above that to lock in my 46% capital gain on top of 3 divvies. Those who chased shortly after the takeover announcement on May 11th up to a high of S$26.40 counting on OCBC to raise its offer closer to 0.8 x fair value are caught in a dilemma: suspension coming on Jul 13th as the predator's stake finally breaches 90% on the 3rd takeover attempt in the last 20 years.

Bursa unlike SGX has no 'fair & reasonable' exit offer b4 delisting provision so trade carefully here!

Not only them...those dVmb enough to re-enter early @ 1.22 like you also swearing...🤣

Snail! Wonder why Kelvin has stopped buying half a million shares a day for one & a half years already. Run out of $ or has TSH run out of +ve catalysts? I'm guessing the latter.

😱MSWG actually replied!😱 I guess they did change their aloof ways after Covid!

Many rich are similar to OCBC. They have billions but scrimp & save pennies:

https://www.straitstimes.com/world/europe/members-of-britains-richest-family-get-jail-terms-for-exploiting-indian-staff-at-switzerland-mansion

Many rich are similar to OCBC. They have billions but scrimp & save pennies:

https://www.straitstimes.com/world/europe/members-of-britains-richest-family-get-jail-terms-for-exploiting-indian-staff-at-switzerland-mansion

This james_one_(fool)_BORN_every_minute is a chinaman whose regime produces low-quality inferior shiny-on-outside-rusting-on-inside goods. Globally ppl are wiser now, avoiding China-made unless they are poor & can't afford except to shop in Walmart. james_BOMBed's track record predicting Petron's price direction FAIL majorly, selling @ 4.90 instead of waiting like me to sell @ 5.19 on day b4 ex-dividend. No use wasting energy on such fools. BTw, better cover back your SHORT position...now up 20c & you're losing again despite trying your best to talk the stock DOWN!😆 'Nuff said!

Fair value is between $23 & $26.50. On close observation, it's fairly obvious that the shares are gradually moving from b0d0h hands to smart hands!

James_Bond

Once in the lifetime that you get the chance to join the business at such comfortable price range!

1 week ago

This James_DOMB...really foolish! Simply claim that inferior Xiaomi is going to overtake Panamy, but this Cinaman can't see the writing on the wall for this coddled Petronas child who is finally being exposed to extreme competition...

Send all his followers to HORLAN as usual!🤣

theyoungman

Slowly but surely. She is coming (soon)?
Accumulate on dip.
Do not speculate, punt and contra (SPC).
Avoid using margin and loans.
Use hard-earned cash to invest.
Wish all of you guys HUAT soon. Cheers.

5 days ago

Some id!ots like DickyMe thinks that holding few months = 'fermenting for years'. No wonder ppl like him can never get rich! They will never learn that holding & patience are a retailer's most powerful weapons!

BOUGHT more Panamy @ $20.08 to enjoy the 6.7% dividend yield by the beginning of 2025, one of the HIGHest, if not the highest, among blue chips!

After OCBC refused to raise their offer for my Great Eastern to even 0.8 of the embedded value, though there is a ray of hope still in the SGX listing rules that isn't available here, looking at a 2023 takeover precedent that saw a final raised offer even after the 90% level was exceeded, I would put the probability of a raised offer here @ 40%.

Under SGX rules, using Boustead Projects as an example in '23, even if 90% reached, in order to DELIST the co. the offeror needs to make a FAIR & REASONABLE offer to remaining holders. In Boustead's case, the initial 90c offer was raised to S$1.18 BUT the early acceptances did NOT benefit from the final raised offer.

Foreign funds FALLing over themselves to EXIT! Epf once again the b0doh...😆

Bought MORE SPToto @ the $1.55 open, increasing my stake to over 16,200 shares & bringing my cost down further below the $2 mark broken 3 weeks ago!

Ytl2023 should contact Dr Aziba: buy @ $1.22, but pen!s & balls shrunk when it dropped to $1.07 & too chicken to buy already...expensive buy, cheap don't buy: how to survive in the market?😆 I made a mistake buying @ $2.12 in '14, but at least I had to guts to average down @ 60+c in '22 & escaped with a profit @ $1.46-1.51

Trap? Stuck? So whaaaat? Got OUT @ the very price pinnacle ($1.462-$1.510) so it was entirely worth the wait, especially after getting every single dividend since late 2014...My 1st purchase of Japan Power Fastening on Jun 15 last yr also """stuck""" for a year...so what? Today after mkt close, announce a special interim dividend equating to 16.5% dividend yield!!!!! The best part is I bought again more than DOUBLE my first purchase @ ¥115-6 & now LIMIT UP in after hours @ ¥171!!!😉🤗😘

Oriental also "trap" 8 years...escape with fat profit in '22 & re-enter recently to show nice paper gain now.. YTL "trap" 7 years...collect voucher & dividends patiently....Got lots of spending $$$, so stuck for 20 years also never mind lor...it's only money!🤣

Once again, my magic touch seems to be working much better in Japan, where directors are much less likely to SHORTCHANGE shareholders of their right to reap the fruits of their due diligence! Japan Power Fastening announces a surprise 'dividend from surplus' translating to 16.5% dividend yield after the market close:

http://stocklaser.blogspot.com

FRESH 8-YEAR HIGH!!!🤗🤗🤗

Cum in late Apr, but averaged with my 2022 shares comes to $4.85.

$7.05!!! DeLIGHT-FULL!!!😍🤗☝

⬆⬆ Bought @ $1.22...never buy back @ $1.07...now $ore lo$er, lashing out @ those who point out his mistake...bery childish...🤣

DickyMe

Sold 1/4 @RM1.44. Punt elsewhere.. hehehe!

1 week ago


$1.59 now...
DUMBD!CK! HahahHAH...

Calvin Tan of Jurong West HDB estate, is it true that you promote TalamT from 13c all the way down to 5c, then disappeared from that thread? I read it somewhere yesterday but am too lazy to check...😃

Steady! Although revenue dropped slightly, net debt has shrunk 60% from over $189 mil to less than $77 mil, operating cashflow has increased 36% to $138 mil. Net-net has improved from -33 mil to -18 mil, with the overall profitability higher than pre-Covid levels!

dompeilee

Shucks! Shld not hv waited till the last minute to re-purchase my SOLD shrs but I did...anyway, BOUGHT 6 lots back @ 4.90 this morning.

1 month ago


Petron today closes at the HIGHEST in 22 months! James_Bodoh is the ultimate FOOL, selling @ $4.90...I took the opportunity to cash out HALF my stake @ $5.19, earning more nett of commission than the dividend quantum sacrificed! Cheers~ !😻 📈💲

YouWin

Tomorrow last day,if you can buy at 1.63, you get 0.03 dividend+0.07 privatize price if it goes through, that's 0.10 profit risk

Not risk free...MAA redux in '19 where rich minorities bought up huge blocks just to block privatization, thinking it was a small risk with regular 6c dividends until then. When they succeeded in blocking with the EGM voting falling short of the 75% approval rate, the price plunged, rebounded briefly to 99c, then almost continuously down since then to inflict almost 2/3 loss of capital on the agitators of the revolt. Major shareholder only allowed one more measly dividend b4 deliberately channelling MAA's copious excess cash into highly reckless speculations thus destroying the biggest advantage the co. had until it has become a net debt co. & stopping all further dividends. One B. Singh who was one of the rebels with over 1 mil shares was still shown in the Top 30 shareholder register until 2021 but has since vanished. Likely sold for a huge loss as it was dead capital.

No one can guarantee that Surin will not be as vindictive as Tunku Yaacob, if you block his attempt. This time is probably different but it's just a cautionary tale. I am currently watching the Great Eastern takeover attempt with great interest since I have 1 lot & not a small number of monied retailers there & perhaps foreigners as well are buying up the latter's shares 2-3% ABOVE OCBC's offer of S$25.60 on fairly high volume of over 100k every day betting on the bank raising its offer closer to fair value of S$36.

Surin is a little ant compared to the mighty S'porean bank. Do your own due diligence!

Go ahead & try...I support you guys & hope you prove me wrong. Anyway, I'm too busy analysing Japanese & US companies these days where transparency is much greater, managements actually pay attention to minorities without trying to shortchange them at every opportunity & takeovers [I've been involved in 7 of them in Japan myself] are regularly done at a significant premium to the past few years' price ranges...particularly memorable is the ¥3,400 takeover bid for my Sekonic shares at a time when the price was below ¥1,000 & my cost was ¥1,275. More recently, Teraoka Seisakusho was taken over for ¥564 when the mkt price was ¥350 & my cost was ¥380. Don't hold out hopes for a bid raise of more than 10-20c here!

Even SG which I don't hold a high opinion of in the offeror shortchanging department at least produced a fairly generous 40% premium bid for my Great Eastern shares by OCBC recently.

I wonder why ppl even consider wasting their time with MWSG? Ever since the previous bosses Rita & her successor left in 2019, it's a toothless, useless organisation. They didn't lift a finger for Genting minorities(if not for such a large cap, diverse far-ranging shareholder profile, then why so for a low profile, low free float co?) in '19 despite my complaints to them & didn't reply when I wrote to them in '21 that certain companies were abusing the virtual AGM platforms to ignore shareholder questions. However, gd luck approaching Surin personally though I doubt he will raise his offer.

It's obvious that MWSh!tG is full of MAKAN GAJI lazy types sama2 macam many cap ayam local companies like POS M'sia etc.

You ppl are unlikely to succeed(although as a shareholder, I would love if you did): this Thai-born fella privatized MWE for a significant discount not too long ago & let's not forget the '19 MAA debacle where despite new shareholders buying large blocks & successfully blocking the privatization, they ultimately LOST BIG because it plunged way below their cost of $1-1.05 & the major shareholder there vindictively cancelled all future dividends, depriving them of compensation for their paper losses till now & compounded their pain by gambling recklessly with their money in junk stocks like KNM!

Those who bought in 2014 months after the IPO are losing $ on this offer. And btw MWSG doesn't give a rat's f@rt about you minorities: I found that out after Genting's criminal involvment in Catskills in 2019.

Your $4.00 CapitalA target already crashed into the ocean...even SIA turbulence incident is 100x better than DickyMe who D!ED in the crash 🤣

Your $4.00 CapitalA target already crashed into the ocean...even SIA turbulence incident is 100x better than DickyMe who D!ED in the crash 🤣

Buy% = 84%!!! Selling of 1.088 million shares between 4:44 & 4:50 all ABSORBED stunningly! Next week likely to see UPPPPP action with a 5% divvy yield!!!🤗😘📈

Ytl2023

Nanti Ini soheeii dompeilee will claim he sell high..

56 minutes ago

Ytl2023 is REAL champion sooorhaiiighest trader🤣 Bought @ $1.22 then drop to $1.07, his b@lls also DROP...did not touch a single unit...now rebound so much, he's still losing -7%...really the bod0hest of the bod0h!😂

Moooovinnng baby!!! Eating 14c! 🤗