you guys are making me nervous ....

Correct

People do philanthropy in orphanage and old folks home

If he is doing it in stock market, you better stay away because there is definitely ulterior motive !!!

My point is that KYY is entitled to come up with whatever scheme he wants, but he can only do that through an investment bank (which will study it in detailed and consult the SC and other relevant authorities before committing to undertake it on his behalf), not by directly offering such a scheme to the public

I am horrified by what is happening here

How can somebody just come up with a scheme like this directed to the public ?

Who is responsible if somebody commit suicide because for some weird reasons , he lost huge amount of money because of the scheme ?

The SC is here for a reason. Nobody is supposed to do this kind of activities without proper licensing

Stockraider nowadays behaves like fortunebull

It is not about 2 mil

It is about him distorting the capital market through his activities

I hope he has proper legal opinion to back him up

This thing can become very complicated

Anything that involved the public will get complicated

Nobody is so altruistic until he will underwrite your losses in stock market

The only explanation is that he is treating retailers like a herd of sheep, fattening them up for slaughter

This is bullshit

DK66 article works against me as I mostly hold warrants

But I still give him a Like because what he said was mostly true

I don't confront people just because they write bad about my investment. If it makes sense, I will accept it

But I not switching

Just lazy

Dumb dumb hold

Pleasant surprise

Dumb dumb hold

No more comments

Just quietly enjoy the bull run

I expect it last into 2020

Unilateral ceasefire from me

Everybody peace

This Sabah assxxxx so egoistic everybody quarrels with him

My attitude is to match your arrogance

Especially "I hope you learn something today"

Otherwise I am very humble

Check out my earlier posts all this while

I treat people nicely

Only assxxxx that walks around like he knows best will receive my special treatment


Posted by (Clark GKent) Philip > Apr 7, 2019 12:22 PM | Report Abuse

ok la let you boast boast a bit, so you can be happy happy. It doesn't make a difference to me. The only thing that matters is how you carry yourself as a human being and how your investment theories work out.

This sslee very green. Good intention to promote corporate governance. But the AGM questions he asked caused me to shake my head.

Same applies to his interpretation of facts and events when come to investing

But I scolded myself for being nasty to him. Repeatedly tell myself to be patient


Posted by Sslee > Apr 7, 2019 10:54 AM | Report Abuse

Dear all,
As I mention before never mess up with CharlesT, unless you are Mr. Philip able to show your sausages.
https://klse.i3investor.com/blogs/phillipinvesting/192330.jsp

“CharlesT is well knows as mighty and all knowing (brain with muscles). A walking human lie- detector with sharp observation and photographic memory. No one can escape his scrutiny as he can see straight/right through your mind of your pretending, falsehood or noble intention”

Thank you

I deleted because I don't want to boast mah. Not because I wanted to hide. Was for your consumption only.

Sigh why people so cynical always think on the negative side


Posted by (Clark GKent) Philip > Apr 7, 2019 10:20 AM | Report Abuse

Icon8888 inconsistencies and back talking caught red handed. Same as when he say he is an engineer and can talk MOSFETs and then investment banker talk sukuk and merger specialists. Talk cock alot, but delete messages after.

Some messages he forget to delete, so you can know his real character.

Good on you ! There is nothing wrong making it from KB

It is just not my cup of tea

There is nothing inconsistent.

What happened is I made a bit of money punting curry mee so I thank Uncle Koon and said I love him

But is it not big amount. Enough for KFC only. So it is also true when I said KB money not for me to make. This is especially true during this round Dayang. I stayed out of it

The above are the truth . I don't need to cook up all these explanations to BS you


CharlesT
7410 posts
Posted by CharlesT > Apr 7, 2019 9:11 AM | Report Abuse

I love Koon becomes I dont make this kind of money

But of course never lead to big harm for others lah

Causing people to die , or loss a big fortune , is definitely no no

No doubt integrity is important

But don't be an Eagle Scout also

Sometime in life you need to be a bit cunning and nasty

Now you know why you are crowned one of the most argumentative people in i3 ?

Well, you don't get crowned one of the most argumentative persons in i3 for nothing

If I am not stupid, I should leave you here and return to my holiday routine in Tasmania

In Jaks case, wisdom and vintage trumps 67 sense

Well, all I am trying to say is that next time don't be so sure about your 67 sense

Your 67 sense might be correct over short term but wrong over Longer term

In stock market , certain money is not for me to make

Day one I started with bursa many many years ago, I already aware of that

Doesn't matter

I don't trust KB, so I don't make their money

Let others make it

I am at peace with myself

No regret

I live my life without a tinge of cynicism

So far it serves me well (well is an understatement)

Get rid of paranoia and cynicism, you don't need them !!!

BUT BUT BUT

the most important condition is that YOU MUST NOT BE CYNICAL

Once you are cynical, all bets are off

Because you will not lift a finger to do the right thing at the right time

That is how I made money in stocks

Very very seldom I will be correct right from the beginning

But if you don't give up, and you do your analysis rationally, you can win

Based on my experience, To make money in stocks, you don't need to be correct right from beginning until end

I was wrong about jaks when I bought at RM1.10, it went down to RM0.45, and I lost RM100 (let's say, I choose this figure for ease of illustration)

But I didn't give up, I just watched and monitored intensely, because I believed in my own fundamental analysis

When the stock started showing positive signs and many indicators pointing towards right direction, I increased my exposure gradually (from my initial timid 4%). As per my latest disclosure (in Jaks thread), I have scaled up Jaks to 10% of my portfolio after purchasing final batches at RM0.79.

So my gain is now RM300

After netting off the initial RM100 lost, I am nett gain RM200

Still I prove you wrong on Jaks

Next time think twice when you are so cock sure about your 67 sense

I analyse Jaks based on accounts, facts and figures

You analyse Jaks based on paranoia, cynicism and speculation

I make money, you don't

So I laugh at you now



CharlesT One thing i dont understand is why ALP never sapu all the excess of jaks wa...
06/04/2019 2:51 PM

CharlesT I also underestimated ALP's goreng power too...lol
06/04/2019 2:53 PM

CharlesT Quite a smart con...made millions fm oldman n use the money to goreng up again to make more
06/04/2019 2:54 PM

@charlesT

Talk so much no use

In stock market who makes money who is king

There are a few persons in i3 I know can never reason with

So I never argue with them

qqq3, CharlesT, ah Seng the distorted mind

So, see you

Every entrepreneur will sometime do cunning things to bebefit themselves. It is in their DNA

But occasional poor corporate governance doesn't mean they are crooks and will never creat value

ALP delivers by securing the IPP for Jaks. Without his effort, everything else doesn't exist (china contractor, KYY, etc)

I am not saying it will definitely be a happy ending for us by investing in Jaks . Too early to declare victory. But so far things are heading in right direction

Quote us figures and facts if want to prove that buying into Jaks is bad decision. Broad and vague concepts do not help. We can't quit our endeavour just because somebody else thinks differently. We need solid reasoning based on facts



Posted by Aseng > Apr 6, 2019 8:32 AM | Report Abuse

Dk66,
You are a good man
I really hate to say something that may hurt you
But
I am also a good man
It is no good if I am not honest to you
I agree with Sslee said about ALP
I never forget what my mother taught me
"never play with the bad guy"
A bad guy is many times smarter than any good man can imagine
I am very very sorry if what I said has hurt your feeling
But you are a good man and I am also a good man
How can I hide from you the bad and talk only the good
You are a good man

Non disclosure of placees is a standard practice. It means they hold less than 5%

Has got nothing to do with corporate governance

I just stop looking at it

It is that easy

One day I come back it is RM30

Mfcb input cost is water so they charge the government USD1 per kWh

Jaks need to buy coals so they need to fork out extra 20 Sen. But they charge the government USD1.20 per kWh mah

Aiyoh cheoky...

(1) in latest Q, interest expense is RM8 mil. So if annualised, becomes RM32 mil. Not far from your RM48 mil (how do you get RM48 mil , btw ?)

(2) The profit of RM276 mil already factored in interest bearing debts at IPP level, consistent with how MFCB earnings are derived

(3) if loan stocks, I will usually assume fully diluted EPS based on full conversion. However, if Warrants, the standard practice in the financial industry is to ignore it for the following reason :-
(a) unlike loan stocks, exercise is not 100% sure (never say never);
(b) when warrants are exercised and proceeds flow in, on top of retiring borrowings, there is possibility that the cash proceeds will be used to invest in a new business venture that can generate business return (namely, return of 13% etc based on CAPM).

of course, you can choose to assume the way you assume. But my experience so many years in the financial industry is that being conservative is not 100% a good thing. The benefit is that you are likely to loss less if things turn sour, but the flip side is that you miss out opportunity unnecessarily. In Chinese, it is called 妄自菲薄

the best way to look at things is to take the middle path. Be conservative so as to tap the benefit of safety, but don't be overly conservative until you brute force transform a 40 sen EPS into 12 sen EPS. Because if you do that, you will become the biggest victim of your own conservatism as you will find the stock less appealing than it is. When the stock reach RM2.00, you will just stand there and watch while everybody else is singing karaoke and eating lobster.


newbie8080 ICON, DID YOU MISSED OUT THE BORROWINGS ?

1) EXISITING RM421 MIL (RM48 MIL P.A)
2) NEW BORROWING FOR POWER PLANT USD400MIL @ 6% P.A AT 18 YEARS TENOR (RM144MIL P.A)

So it would be RM276- RM144- RM48= RM84 mil.

# Don't forget your 102 mil warrants which need to be included in the future upon full conversion. Let's make it conservative at 585 mil + 102 mil= 687 mil

ESTIMATED EPS = 12 CENT ONLY

CORRECT ME IF I'M WRONG YA!

CHEERS

3iii vs choivo ? stockpick competition or who can talk warren buffalo better competition ?

What should we call it ?

Alternative Portfolio Competition ?

And I will bring along my Jaks wb

Since I said it can potentially go from 64 Sen to RM3.78

And Superman got tiny balls

Normal time talk loud loud, When come to accepting challenge then cerita panjang panjang

Now we know qqq3 got big balls

Do it lah

No money involved

Scare what ?

It is your wallet

You decide

Who are we to force you to make money ?

LOL

RM1 within reach

Without a doubt

I bought pop corn already

LOL I like Calvin nowadays

Not so NTA play anymore

Great