instead of saying upfront i m bias, rebut my reasons for being bearish on jcy then???

i go other stocks like elsoft, myeg etc. but when i see ppl giving incorrect facts like on parkson, i will voice it out even if i do not hold the share in the company.

and if u dont have time to argue with me, then why bother replying to my posting???

u r contradicting urself, do u know that????

and do u know that volume can be determined by those holding large quantity of a stock??? so volume is not a good determinant of future price movement. if thats the case, knm and many other penny stocks shld be at the bottom and can move up within a month or so then, by ur logic.

if u r not so free, why bother replying to my postings in bringing up doubts on jcy???

u r so contradicting urself.

i only know that u r unable to give a convincing fact-based thesis as to why one must buy jcy, while i on the other hand, has presented hard facts on why jcy is not worth a punt.

@flyinghigh,

i m asking u for ur rationale for buying jcy, what r the positives that can drive jcy higher.

there r many companies in bursa giving dividends.

so by ur logic, all these companies must be moving higher than current then???

pls look at it rationally.

do share with me why r u so optimistic on jcy??? what r the fundamentals that u think r a plus for jcy??? any technical signal telling u to buy as well????

i have shared with u my take and pls tell me whether my take is wrong, rather than saying my opinion is biased.

and do point out which point of my investment thesis on jcy is misleading.

so m i misleading when i pointed out these facts???

basically, u r buying into the hope that it will surge suddenly like huaan.

but if it doesnt surge and decide to go into free-fall suddenly????

@flyinghigh,

everyone can have different opinion on a stock and voice it out.

i do not know what jcy is doing, but i do know that jcy is in sunset hdd component making and if they decide to invest for machinery for ssd component making, the company has only a rm150m net cash position to invest without taking on more debts or doing ri. rm150m is not enough to do the investment needed for ssd component making. therefore, if jcy wants to move into ssd component making, the company will have to take on at least an additional rm200m in borrowings or alternatively, do a ri. now question is that after jcy did move into ssd components, can they attract customers such as seagate/wd/samsung/sony/kingston to buy their ssd components since they have an established supply chain for ssd in china/taiwan/japan where their ssd production facilities r located.

therefore, i m not at all optimistic on the outlook for jcy.

for u, i believe u bot into this stock without doing either technical or fundamental research, so that is why u do not like it when others such as a devil advocate like me pointed all the points out.

now, tell me, what is ur rationale for buying then since i told u my rationale for not being optimistic on jcy???

@flyinghigh,

and furthermore, why do u think stocks like ahb/kfm/huaan suddenly went up despite being in pn17 or nearing there???

looking at fundamentals, huaan has a long way of ard -rm805m to go in making its reserves in shareholders' equity to be positive again.

@flyinghigh,

ppl r not so vengeful and if u r talking abt vengeful, do note that several comments not favorable to tun @calvintaneng is marked as abuse.

so who is more vengeful???

the reason is becos if someone doesnt talk sense or misinform others, there will of cos be someone else out there coming out to dissect his story with facts.

lets take jcy as an example.

the company is in manufacturing components for hdd, however, the tech sector has moved on to sdd.

yet there r still ppl being bullish on hdd component makers, giving optimistic price projection when the truth is that unless jcy changes its tack to producing sdd, jcy will forever be a laggard. if this is not misinforming, i m not sure what is.

@davidkkw79.

the punishment is that when tun @calvintaneng lose, we can bring up this bet to remind him.

@godhand,

thats why i took the bet with tun @calvintaneng since jcy is in sunset if the company dont change tack. besides, the company's small net cash will become negative if the company wants to invest into ssd component production, which is not cheap.

15sen up is possible, but lets cut tun @calvintaneng some slacks. i wanted to use price target of 1.08 or 100% return in a yr, but as we all know, his recommended stocks rarely goes up and let alone 100% within a yr. if the stock can up 30% within 1 yr, let him boast abit of his ego.

i dont want to be accused of bullying an old man after hard facts that montana doesnt grow soybeans etc.

today parkson continue to drop, so where r william's supporters????

thats why i know @juniorR is a 100% joker when he said a founder that has numerous friends and connections. furthermore, he dont even know the basics of retail biz and yet he claims, 'Yes I am a junior in the stock market that knows how to value businesses and comment on businesses I either know about or own. '

anyone who is in retail biz management level knows that parkson is a gone case in china and malaysia, yet he refuses to acknowledge this widely known fact in the retail industry.

so we know he basically know nothing except looking at accounting numbers.

@juniorR,

for ur info, i punt with my own money.

i dont recommend stocks since i do not want to be blame by ppl if something goes wrong. but if i see someone sprouting nonsense on how good a stock is without any fundamental story, i think it is only rite that i voice out the misinformation.

even william cheng is not providing solutions, so why shld i??? does he or u pays me??? i make my money by punting stocks which i think r profitable, not dying stocks.

how r my feelings involved when what i said is the truth. the truth is parkson china is being hammered left, right, center, back, front, up and down by alibaba/wanda/carrfour. and this is a fact, no need any accounting figures to tell me.

if audited accounts can be trusted fully, then there will be no enron/olympus/transmile etc.

obviously u do not even know how big the chinese market is if u think parkson doing rmb4.6bln in sale and having an operational loss of rmb202mln can be considered as huge, look at alibaba is doing ard rmb160bln with profit of rmb48bln while wanda is doing ard rmb274bln with profit of rmb13.5bln.

have u ever even been to a wanda/cp/carrfour/alibaba shopping mall in china??? if u ever been to one, u will know how far behind parkson is compared to its competitors and even if parkson undertakes a turnaround plan, its not going to help in the competitive china market.

for jim chanos, he can say all he wants about the accounting and he is not able to provide evidences to back up what he said, but alibaba has been able to deliver the goods.

if u step back and have a look, u will have noticed that u r unable to rebut the basic fact of parkson being hammered badly with hardly any chance of a turnaround which i presented except telling me ur 1.40 story.

@juniorR,

the accounting numbers r provided by parkson.

the minute u said that william cheng has numerous friends and connections in china, i know u r a joker, sorry to say this truth to u.

have u ever been to a shopping mall in china first and also, have u been to a parkson store in china???

if u been to one, u will know that parkson is game over in china.

@juniorR,

u r basing the 1.40 on parkson's accounting, and this is useless when it comes to market sentiment and reality.

the reality is that parkson is unable to compete against alibaba/wanda/carrfour in china and aeon/isetan/tesco in malaysia.

so even if account numbers provided by parkson theoretically price it at 1.40, do u think parkson can get the price it wants on its assets???

do u even know why alibaba is buying a brick-and-mortar biz in the first place??? the reason is becos alibaba wants to move into mass volume grocery shopping and mall experience/management via its edge in ai.

@juniorR,

and do u think parkson is able to beat alibaba/wanda/carfour in china or aeon/isetan/tesco in malaysia with the rm1bln in the bank???

@yucaihacai,

i alrdy said parkson is on a downward trend, so what for i contradict myself to buy parkson???

i rather park my money with other penny stocks which can give me a fair probability of doubling up within 1 yr.

@yucaihacai,

from 75sen drop down to 52sen and now only back up abit means that parkson is primed for further fall.

assuming that u bot from 65 sen and bot all the way to 52 sen in an attempt to average down the price, ur average price shld be ard 58.5sen.

therefore, u r still in a loss.

as parkson is primed for further fall, u better prepare urself to buy more to lower down ur average price.

and i cant wait to see the result.

anytime it hit 70sen at the end of the day, the bet is over.

the price used will be at the close of the day.

in order to see how good calvintaneng is on his investment, i came to an agreement with him on using jcy international as a bet.

the duration of the bet is 1 yr starting from today.

the bet will end when jcy hit 70sen anytime from now.

calvintaneng is betting that it will be above 70sen in this coming 1 yr.

while i m betting that jcy will not be above 70sen in this coming 1 yr.

ok, u r on.

@calvintaneng,

when u cant even tell the difference between ssd and hdd, i know u dont know the basics of this company and why this company is having issue of not being able to go up despite tech counters like elsoft etc going double.

do u have guts to take a bet with me????

i bet that jcy cannot go above 70sen within the next 1 yr.

why 70sen is becos for penny stocks, one needs at least 30% return to justify the investment.

if one make only 10sen on the original 55sen, this is not good return.

and i will start a blog to bring this bet to the attention to all forummers if u dare to take on my bet.

i am asking u if u know what biz/market jcy is in and that u didnt promote power root at all.

no need to give me grandfather story and dont answer my questions.

@singunsin,

cloud computing is now moving towards ssd, hdd is old tech.

@heaven123,

at least tun/ tan sri @calvintaneng has stop spinning stories abt droughs in northern us and soybean growing in montana.

he is now busy telling ppl to buy jcy becos it is cheap.

world is moving to ssd and he is asking ppl to buy shares of hdd maker.

@songson,

if b5 cannot even take off in malaysia and indonesia, how do u think it can take off in china????

simple logic can tell u that this is not possible.

@apolloang,

i also saw the possibility in huaan as well, but due to mandate reasons, i didnt touch it.

huaan is another kfm.

i just spotted another time inconsistency of tun @calvintaneng again.

u didnt even recommend power root in early 2012 when it was only 0.50

and i didnt even see any comments from u on that forum.

so much for ur credibility.

dont tell me u recommend it way back in 2009????

Posted by calvintaneng > Sep 10, 2017 03:01 PM | Report Abuse

Can buy Jcy or not? Up to all to decide

Last time Calvin saw PowerRoot at near 50 sen. Then some naysayers said PowerRoot Directors are playboy driving high powered sports car. So cannot buy PowerRoot.

Then?

Then powerRoot powered to cross Rm2.00 (Up 400%)

tan sri @calvintaneng,

u have been asking ppl to add mui when it was 26sen in 2014 till the current level of 17sen now.

if anyone listen to u on mui, he/she would be having losses since 2014.

btw, do u even know what biz jcy is in????

no wonder no see newly vested tan sri @calvintaneng posting anything lately for me to critic.

he busy preparing for the investiture.

@miker,

u r absolutely rite in pointing out the fact that ssd is now the dominant storage driver and not hdd.

jcy is still stuck in producing components for hdd.

thats why the stock is having difficulty moving up.

u know ur tech.

tun @calvintaneng,

stop advising ppl to buy when u dont even know the biz of a company and the market it is in.

u only just show the same low level of knowledge u have in agricultural stocks again.

why suddenly so quiet????

no more bullish on dutaland????

tun @calvintaneng,

u have been spinning this storyline since 2013 without stopping.

and mui has been dropping from 28sen in 2014 to the current level.

so what is ur agenda in pushing mui despite almost a 50% drop in value since 2014????

@seek,

tun @calvintaneng has been promoting dutaland since 2013/2014 when it was at 42sen level. now it is ard 60sen level or up slightly less than 50% after almost 3 yrs.

during this period, there r other penny stocks that generated 100% return and even in this past yr, stocks like boon koon/amelus/bioosmo/gnb generated more than 100% return in less than a yr.

so what does this say in comparison????

@williamteng71,

this is true.

vt counters must be wait and wait b4 fly.

but question is how low it will get b4 it fly????

@calvintaneng,

u have been promoting mui since 2013 when it was @ this similar level and still calling for a buy in sep 2014 when it was @ 26sen level. u only start calling for being cautious in early oct when kkp having divorce issue and in nov 2014, u again change back to a buy when mui was @ 23 sen level. since dec 2014 when mui was ard 28sen, u have been promoting it for the past 2.5 yrs.

below r the comments u posted in the said yrs.

so what is ur agenda of promoting mui?????

Posted by calvintaneng > Sep 20, 2013 09:58 PM | Report Abuse

Reason No.2. Next Year Is VISIT MALAYSIA YEAR 2014. MUI Own METROJAYA. METROJAYA Is The Anchor Tenant Of KL MIDVALLEY MEGA MALL. The Largesr Number Of Tourists & Locals Alike Will Throng METROJAYA. The tills will keep ringing everyday for the Whole Year. There are 2 Metrojayas in Johor. With The Tourism Boom In Iskandar More people will flock to METROJAYA. Same for New Metrojaya in East Malaysia. Very Rich East Malaysians Are making a bee line to Metrojaya.

Posted by calvintaneng > Sep 29, 2014 05:27 PM | Report Abuse

A GREAT CLOSING FOR MUI BERHAD TODAY!

TIME AFTER TIME

AGAIN AND AGAIN!

VALUE INVESTORS ARE PROVEN CORRECT!

Posted by calvintaneng > Oct 1, 2014 11:50 PM | Report Abuse

CALVIN CALL FOR CAUTION ON MUI BERHAD BECAUSE DIVORCE CASE HAS NOT BEEN SETTLED.

BETTER SELL MUI BERHAD INTO STRENGTH

AND SWITCH ALL TO BJ CORP

MUI WAS 15 CENTS WHEN CALVIN CALLED FOR A BUY

NOW ALREADY UP OVER 100%

DON'T CHASE

A FAR BETTER BUY IS BJ CORP AS IT IS STILL VERY CHEAP!

Posted by calvintaneng > Nov 29, 2014 01:09 PM | Report Abuse

For Mui Berhad Its Deep Undervaluation Will Emerge On Asset Disposal.

The Media has already highlighted that Just Corus Hotel Hyde Park alone is worth over RM1 Billions. If Sold It Will More Than Cover all the debts of MUI Group.

If All of MUI Bhd's Assets Are Fully Sold at Market Value MUI BERHAD Would Garner A NET NET VALUE OF MORE THAN RM1.00 in PURE CASH After Minus Off All Debt.

So For Short Term Mui Bhd can go up, down or sideway. But Longer Term investing in MUI Bhd is a SURE WINNER!

Posted by calvintaneng > Dec 12, 2014 09:26 PM | Report Abuse

TODAY IS THE BEGINNING OF MUI GROUP UNLOCKING ITS DEEP HIDDEN VALUE

SALE OF PM HOLDING IS ONLY THE BEGINNING

MORE SURPRISES ON THE WAY.

TAKE UP POSITION IN MUI BHD NOW.

ALL CAN EXPECT A HUGE WINDFALL

surprisingly @stockraider call is eerily coincidental with the start of this second round rally.

@3iii,

allow me to back up ur comments with some numbers.

petdag was ard rm4/share in 2005 and is now worth ard rm24/share in 2017, a 500% capital return in 12 yrs or an average of ard 40% every yr.

from petdag and icap, i learnt an important lesson and that is when icap's ttb decide to sell an index or blue chip stock, the stock and index r bound to go higher while if he decides to hold the index stock, the stock will most likely drop to penny status.

he is somewhat an accurate barometer of the klci.
if he starts buying index/blue chip stocks, better run for cover.
if he starts selling index/blue chip stocks, better load up and huat big.

iwc is still ok.

there r guys who held @ 80sens and sold off at ard rm2.40.

parkson is all the way down.

@ng,

yes, the vietnam lottery biz is the potential money generator in bjc. however, due to its high financing costs, impairments and some laggard assets, the valuation of the corp level is complicated.

i think the only one who has the key to the holding structure shld be vt and his people.

@kimmy,

if hold bjtoto, still ok. the rest, i will be cautious.

mui only spiked up briefly in apr17 due to a possible asset unwinding exercise on a divorce settlement. now the price is almost back the jan17 level.

unless one has inside info, not really worth a punt.

but it has been down from feb's 73sen to the current 52sen

yup, rsi is quite oversold.

i shld have hold my bullets and not come in so early.

now my average ard 4.40

@kelvin61,

seems like i made u angry by making so much return on a single stock called elsoft.

do note that u were saying that parkson will go up to 60 sen when it was 55 sen last month.

i only show u 1 of my many stocks which went up during the bull run as u requested.

i believe u bot parkson @ rm10/share and has been holding til now.

u been promoting the stock since it was ard 75 sen and now it is only 52 sen. a loss of ard 30% in abt a 0.5 yr

mine went up from 1.30 to ard 2.60 now, a 100% return and this is only one of my many which went up by more than 30% in abt a yr.

so we all know u r a league below me and ks55.

@gemma,

my apologies.

and we just saw the biggest cartoonist thus far in the form of @gemma.

if one is a seasoned investor/trader, one would not talk bs like this once the background of this soon-to-be bank is known.

@ng,

i have no idea why u take a punt on bjc.

i wanted to take a punt on bj last yr @ 33sen but choose not to.

my rationale is very simple, the holding structure of bjc is very complicated, even more complicated than lion group. thus, there maybe many assets @ bjc level but once u get down to the subs/assocs, things get complicated.

@apolloang,

tonite us closed for labor day.

but seriously,i agree with u that there wont be war.

simple logic alrdy can tell us, no need what geopolitics study professor.

fat boy kim knows that if he send 1 nuclear missile to anywhere, he will invite nuclear retaliation from the us.

so what for he wants to commit suicide??? better stay alive and enjoy his billions while at same time squeezing his people.

@kelvin61,

i alrdy told u i own no lion-related stocks, not now or in the past when parkson was rm10/share in 2008.

as to give u a feel of my portfolio, i bot elsoft when it was ard 1.30 just after the recent bonus issue.

so how do u think my portfolio is doing???

as for u, i understand u bot parkson at 75c or above, maybe even when it was rm10. so most likely u r having a 30% loss thus far if u bot at 75c within the past yr.

and to date, u have not been able to answer me whether u want to buy my call option of 60c since last month when parkson was 55c.

if u r confident, u would have taken up my bet.

and like a loser who cannot accept the fact that he has lost, u dont have the guts to back up what u said.