But the biggest culprit of this privatization( piratisation)project, the Mike Tyson fellow is now hiding in the Pakatan member party ( PAS).
Should rope him in the Selangor State govt to sort out the mess la.
But to me, a contract is a contract, tony pua the smart guy now try to change the terms and conditions in the contract is like.....lawlessness( 无政府）。

Ong Tee Keat's Chinese very good!

tonylim, ya the age kind of match.
Vocal, outspoken lady.

高手如林！
中神通也来了！

bsngpg, 哇， 你也中过九阴白骨掌！！
好好调养， 多学Kc的九阳真经， 会好的！

tonylim, iron lady in JKR? Not too sure , but during one of the senior officers' conference in late eighties the then Works Minister Aiyoyo Samy openly praised one of the lady district engineer ( District of Johor Bahru ?)as "the best district engineer simply " because when his car passed by some road work site, she was there"!
So is she " the one "?

inwest88, I also thought I would be rich in 1993!
Came 1994 when the market crashed, I lost all I made from the market plus a substatial amount of my own capital!
Since then had been cautious, and did not participate in the 1996-97 second board euphoria.
I had been a great fan of 冷眼but found that his method is not too structured, so had been hunting around for books to guide me to make money from the market until i managed to get the two books that I mentioned to bsngpg before . With knowledge I got from the two books, plus the discussions in i3 ( especially those by KCChong )I think I am a real investor now: more careful, knows what to check and look for before putting my chips down.
Ya we have seen the likes of Aokam Perdana, CASH, Safuan, MUI group( that's why I still dare not buy PMCorp despite Calvin's promotion),Mycom ( hokkien friends said...aiya, mai gong lah ( 哎呀,不要讲啦)),Granite, Golden Plus etc that had shine and gone down. Scarry!
I remember one of the reasons that ppl advise to invest in Transmle is because Robert Kuok has got a substantial amount of shareholding in it, but what happened?
So come to think of it, the big names and the smart brains ( as mentioned by KCChong in refutting the fortune teller )in the SPACs may not mean anything at all ! I wont bet on them, for sure!

Ya, KC, I worked in JKR.
Life was good then, 4:15 punched clock and 5pm on golf course .

Eh, bones, that artist impression thing, may I know from where you got it?
This one is on the piece of land being developed by Dijaya Corp in Danga Bay, the main building is already 1/3 way up! It has nothing to do with Tebrau, whose land is on the other side of Johor Bahru.
I know because I have seen this thing in Danga Bay office.

I like this thread.
More like friends get together and chit chat over a glass of beer, or whisky( for inwest88). Good atmosphere.
Inwest88, you mean 不知者不罪，right?
Talking about making money in bursa, I remember those days ( 1993) when I was still in govt service one of our colleagues made big money during the super bull run of 1993 and resigned from service . Alas two years after that he was borrowing money from friends for living expenses,and had a divorce!大鱼大肉， 原来都是自己的血汗钱！
bsngpg, 苦口婆心， 希望我们的朋友KCChong可以领悟！
But seriously, I really don't understand why these ppl just like to ridicule him ( KC Chong )for no reason ! 妒忌？
One saying for my friend KC Chong...不招人妒是庸才。你有料，让别人没机会表现， 就泼粪囖。
跳梁小丑， 由他们去！

哦，这个够力！
我有个潮洲籍贯嫂嫂， 她的华语是“拿网（碗）来装放（饭）。。。。”
an 尾音都变成ang音。。。
上船变上床

bsngpg,我们的华语是广东华语，因为大部份教师是南方人。
北京话很多卷舌音是我们南方人没有的。

Good job!
Thank you!

Hi Bones, thanks for your in depth analysis.
Cheers!

Be patient!
This is a billion ringgit deal, not kacang putih.

Ya, the warrant is way way out of money...

That guy is openly asking for offer >RM1.5B! Anyone has a clue as to whether RM1.5B is too high a price to ask for? Will the suitors pay this price ?
If not then the share may tank again?

bsngpg: Hope you will find them useful.
I myself benefitted tremendously from reading and understanding these two books. Only problem though, they are in Chinese and you may have to figure out the equivalent finance terms in English.
The explanations by the author are just superb!

bsngpg: I am a civil engineer and have to resort to reading all kinds of books to learn how to invest properly in bursa, and recently I found two such books which I think is a good help to people like us who do not have much finance background:-
1. 财务自由的讲堂-财务报表是投资的伟大航道 （ 黄国华）；
2. 财务自由的世界-财务分析就是一场投资的战争 （ 黄国华）。

These two books are written by Taiwanese, hence 繁体字 and available in Popular Book Store. I find them very useful, telling you what to look for in Balace Sheet, P & L and Cash Flow statements. With this, and you add on K C Chong's investment metrics, will be a good help for your investment decisions.
Wish you success!
Cheers.

Punt! Punt! Punt!
Go in , make your money, and lari kuat kuat.
That Dato' , don't play play....

Good for a punt !
But if price don't go up, please do not keep for long term, because the track record of the management had not been too impressive.
炒股变股东，尤其是这家公司的股东会是很痛苦的事。。。。

I mean "majority of the minor shareholders..."

Market price > MGO price means majority of the shareholders will prefer to sell to the market and will not accept the offer, hence retaining its listing status. Be careful after the MGO date though.

Thanks tonylim for the alert and KC Chong for the evaluation.
Thank you guys!

longterminvest, so what is the book value of Puncak?

I have been recording the FFB and CPO production of plantation companies for some time and the following are some findings:-
Period recorded:-6/2011 to date
Co Av production Compare previous year corresponding period
THPlant 0.81T/Hec +29%
JTIasa 0.99T/Hec +29%
Riverview 1.90T/Hec +1%
PLS 0.09T/Hec +103%

I take Riverview as the bench mark of a mature plantation, yielding 1.9T/hect per month and the yield is not increasing.
From this I believe Jtiasa and THPlant has got a lot of room for growth.

The biggest problem now is whether the "willing buyer, willing seller" can agree on some price acceptable to both the seller and buyer.
If price is agreed and beneficial to Puncak share holders, then whether QE tapering or no tapering,Syria war or no war the price of Puncak will hold.

Don't worry la!
Ding ding wan sek la this one !

The biggest joke pulled off by the Selangor State government was to bring the media people to see all the reservoirs filled with water and proudly declared " where got water shortage problem? "
As the Hokkiens say: kiang jiu ho, mai ge kiang( 厉害就好， 别假厉害）“

zKing, well said!
Be prepared and be patient!
The meltdown of 97-98 also started in 97, July and ended only in 98.
Watch out!

And solar energy stocks also seem to be in hardship!

I like bsngpg's way of reasoning. Very down to earth and very logical.
I have been watching Gtronics from the side line for some time but I dared not put the chips down because:-
1. The management had been talking about their LED business for some time. I read some where that there are many LED manufacturers in mainland China, that they can flood the market with their LED products. Taiwan manufacturers that went to China set up factories doing LED products are facing hard time and not making much money as they have expected.
So when we talk about LED products, is there any difference between the LED products of Gtronic and those mainland China products?
2. Any other products that make them different from other technology stocks?
3. From the earnings, this stock really look good and I really am thinking of investing some of my hard earn money into this company if I can clear my doubts as above.
Hope someone knowledgeable can enlighten me

They got DUKE expressway through him!
But I think the management does not reward the minority share holders much ..

Ya, FCTB 说出我的想法！
KC， Cheers!

To be honest, I believe both OTB and KC Chong are good .
I want to be 莺莺美代子，hence I tend to follow KC Chong more.
众里寻他千百度。。。。

Bravo Uncle Chong. A good analysis!
Cheers.

Uncle Chong, where to read up on this call warrant thing? Dare not jump into the water before learning how to swim la.

Isn't it more sensible to sell WB at 1.70 and buy the mother share at 2.50? Cheaper mother share, right?

Don't understand . Sell the warrant and pocket the money first

Uncle Chong. my Chinese so so la
fei mau may be better but naughty lor!

股价渐低终不悔，
公司成灰泪始干。。。

Lol.
怕只怕。。。无处话凄凉啊。。。。

问世间情为何物，
直教人生死相随。。。

Ya, ya, ya newbie I lost two houses for following uncle Chong, so are you happy now ?
Stop barking here and go back to where you belong.
GO!

newbie, go back to your supporters by all means.
or else we have to call kcloh liao

Uncle Chong, another one chasing and barking behind your back?
Sounds like he is not happy that you are giving free lessons teaching people how to pick stocks le!
This so called newbie guy must be one of those 'sifus' making money by giving talks and all that!
You grab his potential 'students'( and money ) so he is barking at you liao!
You 倒米啊？

eSdM, well said..."provided ur house is in ok condition".
KNM happens to be a house that is "not" in ok condition!

Correct me if I am wrong!
I think this major shareholder of SKP Res used to be the major shareholder of another listed company that went bust and got delisted after the 1997 Asian financial crisis. I have been trying hard to recall the name of that company but to no avail ( old already lah).
Because of that record, I dared not look at companies controlled by him even if the financial figures look good.

Recovery?
Really?
U nyia bor ?

This counter reminds me of one "darling stock" in 1993 bull market.
Aokam !
Was chased by the punters to RM26+, after that in PN17,restructured and capital reduction and all that eventually become 15 shares become 1 share and all that!
End result ? Hilang!
Jyen you better be careful.
Cost averaging can only be used on good companies like Public Bank and Maybank!
KNM? Better not.