Wow

Guys please be aware that I am the real Icon8888

There is another Lcon8888 active in this thread

I don't own any ekovest so I seldom comment

wow what happen ?

it is a typical pattern for me.

Few good years followed by a bad year. Happened 5 times already since I first started investing many many years ago. The last time it happened was 2014. But I will bounce back with a vengeance when market normalised. Based on past record, within one year, I will surpass my previous high. And over next few years, I will further increase my portfolio substantially.

Throughout the years, my net worth has been keep on growing, according to this pattern.

It is a universe that you cannot understand



3iii >>>


Were u swimming naked when the tide retreated in 2018 like your friends too?
19/03/2019 08:29

No more

Probably coincidence

They have been cooking the MAA deal for Long time (privatisation)

It will be announced irregardless whether you donate or not

But it is good to do good deeds

I donate every week to oriental daily charity

Cheers

This kind of fool will never make it in the market

I used to be a greenhorn too, but never that thick

I think all these talks about sovereign risk is absolutely nonsense (not referring to DK66, as obviously he doesn’t think it is an issue at all)

People had been complaining about all kind of things about jaks since god knows when. From high gearing, to the industry they are in, to corporate governance, to potential frauds, to potential equity dilution, to execution risk, etc etc etc. But over time, one by one all these myths has been disproven.

Now finally run out of issues to bitch about, they started talking about this vague and broad concept called sovereign risk.

In Chinese, it is called trying to pick bones from the egg.

It is like a guy has a billion dollar in his bank account, in perfect health, has a super hot Wife, a bunch of wonderful kids. In other words, he is living a perfect life. But one day he decides to jump down from the building because he worries about climate change

Give me a break



Posted by DK66 > Mar 18, 2019 08:40 AM | Report Abuse

Thank you for your opinion, Sslee.

I believe a lot of readers probably share your concern about doing businesses in Vietnam.

Sovereign risk is always the biggest concern when investing in another country. That is why you need to have enforceable contracts to protect your investments. Jaks Hai Duong Power signed several agreements including a government guarantee for its RM8b power plant project in Hai Duong Province. The 3 chinese bankers has obtained approval from the Chinese government to finance the project under the 1B1R initiative. Some will say "so What, look at mudajaya".

US and China are probably the only 2 countries in the world that the Vietnam government will bow to. I m sure you are aware of the following incident.

"HANOI/SINGAPORE (Reuters) - Vietnam has halted an oil drilling project in the “Red Emperor” block off its southeastern coast licensed to Spanish energy firm Repsol following pressure from China, three sources with direct knowledge of the situation told Reuters on Friday."

Hence, given china's influence on vietnam, I believe the vietnam government will honor its BOT contracts on the Hai Duong power plant project.

So, maybe it is worth your effort to take a second and deeper look into Jaks if you believe there is excessive profit from the vietnam IPP.

Vietnam needs power and willing to pay and China can deliver. This is bilateral trade, not free lunch.

Received valid acceptances resulting in 56% shareholding in Kian Joo

coming Q might be adversely affected by the free shares given to ALP etc

but once again, market will ignore it and focus on core earning

When you are not busy in the jungle

My 67 remarks is targeted towards CharlesT

There is a story behind it

You can read our comments to find out more

But this stock can be a core holding

Not now.

When closer to completion of Jordan project

The next big test is bestariang

What happens if they lost it ?

I am waiting to assess before betting big

30% of my stock pick competition portfolio is in MBM

the biggest

doesn't matter

I am entitled to my own opinion

I hope you learn something today

I don't even care what stocks I pick or you pick

just show some gentleness and humility and you and I can get along well

In real life, I might need to tolerate them

But in cyberworld, I just fxxk them

No consequence mah

Sorry I am not a difficult person

I just don't like arrogant people who throws their weight around

No more "I hope you learn something today" ?

Like in the movie Pretty Woman ?


Posted by LKOH > Mar 17, 2019 08:00 PM | Report Abuse

But luck may just change for the company because they hook up with a very good partner... sometimes life is like this

Print this out and frame it

Hang it on the wall, Pass it to your Son



Posted by DK66 > Mar 17, 2019 06:44 PM | Report Abuse

Charlie Munger's Big Lesson: Prepare for Opportunity

What is the most important personal quality an investor can have?

Patience... followed by pretty aggressive conduct. It is given to human beings who work hard at it—who look and sift the world for a mispriced bet — that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don’t. It’s just that simple.

@3iii

Not all great investors buy high quality companies

John Neff the cohtrarian investor invest in companies that did not do well so that can benefit when they turned around

Howard marks also like that

There are several others that did so

I think they know better than you when come to investing

Better he stays away

Ricky Kiat must have bought very cheap

as a matter of fact, why would I want to sell this stock at all ? it has moat, can hold long long term

no RM4 no sell

kianjoo is a very valuable asset

canone will be RM4 to RM5 within 3 years

PNB's next Maybank

10 year dumb dumb hold

aminvestment ascribes fair value 50 sen

3iii still thinks that by chanting at home he can become warren buffalo

I am more realistic. Maybe double in 3 years

If triple very good already

hi, how is Mr. Buffalo ?

who cares lah... we just stick to fundamentals.

Means he very keen about the stock

dont count on cold eye

Come , Philips join us punt some second liners

10% of your wealth

Don't Everyday moat moat moat

People told me I will go bankrupt for buying WB at 25 sen

So sophisticated

Without the China company, Jaks cannot do this project properly

a lot of new contributors nowadays

thumbs up

Nowadays I see KYY I run far far away

Used to be relevant

But has since mutated beyond recognition

the warrants no more sellers

looked like got cornered already

Postponement means can goreng Ewint if result good next few days

Nope

Learn to see things positively

67 stock

https://www.theguardian.com/politics/2019/mar/13/theresa-may-confirms-she-will-vote-to-block-no-deal-brexit-pmqs-jeremy-corbyn

Even May doesn’t back no deal Brexit.

The chance of it happening is almost zero

haha, I share your feeling DK66