KNM where got fundamentals

For those who TLDR;

Only choose company with strong cash flow.

Do not rush in with all your capital, buy in stages because low can really go lower, and even lower.

Buckle up guys! Brace yourself as there are a few more waves to come.

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > Feb 28, 2020 7:42 PM | Report Abuse

Calvintaneng is a fraud plain and simple. His strategy is similar to many penny stock pushers, promote as many stocks as possible, choose those that went up and promote further, discards those that didn't do well and hide it as far in as possible.

https://klse.i3investor.com/servlets/pfs/123029.jsp

He has promoted 40 stocks last year with glowing buy calls. Out of those 40 stocks, 14 stocks are green. He then uses those that went up to say he is brilliant and incredible. He collects WhatsApp members and tries to buy more penny stocks to push up and deletes opposing opinions in his NETX thread.

Very KRON-nic situation now for KRONO shareholders.

True, true. They'd just take a look at the market, & go on with their lives.

ahteck85,
There are those who believe in TTB and those who don't.

We believe because we know what is to be expected & we know TTB walks the talk. We know ICAP operates differently from other stocks.

I'm only curious as to what ICAP would buy but we would only know in the next annual report.

In the meantime, we can only hold on.

SCBABYSHOP19,
Actually, if you have spare cash, you may average down. But you may also want to wait for it to drop further.
If you bought it initially to beat FD rates, I think you'll be perfectly fine in 1 year or years to come, bcause FD rates will pale in comparison to MBB's DY.

Junichiro Maybank is likely heading towards $7.30
Wow, you must be good in technical analysis!

kakashi,
Your sharingan can see future also ah? So powerful. haahahaha

Up_down ,
Looking at most comments on i3, investors investing with a 5-year horizon would be less than 1%, I think.

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥,
But if inflation is factored in, shouldn't RM11 be the lowest in 10 years?

icepumpkin,
I'm the same as you.
But I treat GENM as FD, and can afford to put there for years.
For short term of 6 months, hoping once covid19 has subsided & theme park opens, it can bounce back.

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > Feb 28, 2020 7:42 PM | Report Abuse

Calvintaneng is a fraud plain and simple. His strategy is similar to many penny stock pushers, promote as many stocks as possible, choose those that went up and promote further, discards those that didn't do well and hide it as far in as possible.

https://klse.i3investor.com/servlets/pfs/123029.jsp

He has promoted 40 stocks last year with glowing buy calls. Out of those 40 stocks, 14 stocks are green. He then uses those that went up to say he is brilliant and incredible. He collects WhatsApp members and tries to buy more penny stocks to push up and deletes opposing opinions in his NETX thread.

Time for Genting to put that cash to good use by doing share buy back.

PLENTY OF SYNDICATES & LIES HERE

stocksyndicate,
But you're a syndicate, shouldn't you be able to manipulate some share to profit from ikan bilis? (just joking, haha)

Jokes aside, I agree with you. I think the crash now is based on emotions, but another bigger crash may come when the financial & economic performance results are out in a few months time.

Drop non-stop lah

I agree with wallstreetrookie. We can copy him in some ways but not in totality. What is more important is to find an investment method we are most comfortable with.

If PCHEM drops to RM3, KLCI will be around 800 level. There's a chance, but very low I think. Good opportunity to collect a gem at a steal.

Nepo,
B737 Max is the suspended plane since last year, right? Annual Report 2019 , pg 23&24 mentioned about this.

I laughed at 5G=GGGGG, but laughed harder when I saw your username

I have no idea whatsoever on JAKS, but calculation wise, don't you think 4.2 USD/RM may be a bit too optimistic? RM may bounce back anytime.

Bear market now, almost all stock will fall. But the good companies' stock price will fall far less compared to sub-standard companies.

bursatrader2018, you are spot on. This report stood its ground.

BKTboy,
If you want real investment advisors, advice will definitely cost a fee.

Here at i3investor, almost everyone has an interest in stocks they recommend to buy or sell or hold. Not advisable to blindly follow what others say. After all, you deserve to dictate how your hard earned money should be used, not anyone else.

No one has a crystal ball. But some of us, are firmly believing in the the optimism of the opening of the theme park. And with the coronavirus going away eventually, there's no reason why GENM can't return to its days of RM3 or maybe RM4.

observatory,
Maybe the rise of GrabFood's popularity contributed to it? Or perhaps youngsters can't afford cars & opted for motorbikes?

RM15 is possible in this kind of environment. Holding from RM20+ until now is excruciatingly painful.

"Time and history have proven over and over again that high quality company earnings eventually rise, and with that, so do stock prices..."

I guess, PCHEM price is stabilizing?

Incredible drop. Even buying at RM0.93 last month, a supposedly low price was not spared.

No, the big guns are leaving. They probably bought at <RM0.80

https://www.isaham.my/screener/value-investing
https://www.isaham.my/screener/magic-formula-investing

Still very strong at RM40. Great companies sustain their premium pricing. By having exemplary past financial performance, that gives confidence to its shareholders that no one is willing to sell below RM30-40, despite DLADY is no longer the promising growth stock with FD-beating dividends.

Good advice, Mabel

King of Bursa is no joke.
When all stocks are dying, NESTLE is alive & kicking.

From RM6.00 until RM4.51. Big, big current loss.
As long as one can continue holding, a loss can reverse back to a win. Keep holding if capital is not urgently needed.

Markets cannot go up forever. Many severe market declines and crashes resulting heavy losses happened in just as fast and furious without any warnings and punish those who are ignorant.

The stock market does provide good opportunities to build long term wealth as shown above. It can also be seen that some of the biggest gains in the market came in spurts and short periods of time. One can only profit from these opportunities if he is armed with the necessary knowledge and well prepared.

“If you're going through hell, keep going.”

READ THIS ARTICLE

This may be grossly oversold. Carimin has about 3-4 Petronas projects, which guarantees profit every quarter until the project is over. I may be really wrong, but I just think profits aren't dependant on oil price, but rather, O&G contracts. I think as long as Petronas doesn't cancel its projects, Carimin will continue profiting.

"I know what it's like to lose. To feel so desperately that you're right, yet to fail nonetheless. It's frightening. Turns the legs to jelly. I ask you, to what end? Dread it. Run from it. Destiny arrives all the same. And now, it's here..."

I laughed a little too hard at this

“The correction faced by markets is temporary. On a long-term basis, the bullish sentiment should resume after markets have stabilised,” - Tan Teng Boo, 2007

"Buy whatever that is undervalued," - Tan Teng Boo, 2007

Brace yourselves. Winter is coming for O&G related stocks.
https://www.reuters.com/article/us-opec-meeting/opec-oil-cuts-deal-in-trouble-as-russia-still-not-on-board-idUSKBN20T0Y2

Lottery-like stocks like KNM, Hibiscus, like lottery tickets, offer hope of winning big. Most individual investors are attracted to lottery-like stocks, owning on average 90% of them.

But think and analyze, what is the probability of any of these hopes to be realized, and that the shareholders will enjoy reasonable return from their investments in lottery-like stocks such as Hibiscus and KNM?


https://klse.i3investor.com/blogs/kcchongnz/2015-11-16-story-h53375545-Another_hope_falters_kcchongnz.jsp

Which government? PH government? If ICAP didn't buy Bioalpha, I never knew such pharmacies existed.....

Those who bought GENTING frm 2015, 2016, 2017, 2018, 2019 and held until now are suffering bad losses.

However, if one were to average down heavily now, will the scenario change starting next year? Will GENTING be able to regain its glory years of RM7, RM8 & RM9?

No idea why icapital bought BIOHLDG last year. Does it believe its growth will continue to be sustainable?