aiyo dragonfruit ....there are 3 categories of the cw traders probably.

category 1: beri beri experience fox in CW tradings. trying to take advantage on the category 3.

category 2: know abit, dont know abit kakis. Know at least the theoretical fundamental of CW. Know ratio, exercise price, expiry, premium , discount, reaction of mother & CW....this group normally sitting at fence level watching the Bollywood movie shooting by Category 1 & 3 at the moment. The high premium is preventing them to come in.

category 3: hami lan also don't know, ppl buy , they go buy, see volume sailang in....buy on new & rumor.

banker now from the producer become spectator to watch the Bollywood show

Those live long enough in market will know that there is always chances for new issuers to issue new CWs. There is always chances for current issuer to enlarge the CWs issue ( new trance for selling ) if the existing volume fully absorb by lanun.

Only the not so smart trying to outdo the issuers.

CW is the offensive play, you don't play offensive play like you play value investment which can hold long long and ignore the mother price fluctuation.

you cannot to hold long long because it has expiry & it is price sensitive to the earning result

https://klse.i3investor.com/servlets/stk/4324cb.jsp
https://klse.i3investor.com/servlets/stk/4324cc.jsp

if you really really have to play with the instrument with expiry , let the battle ground set properly before going in

"FutureEyes One can wait for PETRONM results before entering HRC
14/08/2017 15:41

This guy strategy is very rational & sound.

no worry, tomorrow those on CA all will cry father & mother already.....hahahaha

Macq issuing CB & CC with ratio 6:1, more sensitive than CA & probably lower premium than CA....kikikiki

@ks55

As I said, the good old days was gone after BNM clamping down the loophole. The story I mentioned was not about limit up the loan to max but it was about over the limit allowed. The record of borrowing only showed up after 3 months, by that time, all the loan offers signed and there was no action by BNM last time. Now bank can revoked the loan offered if found the borrowers are doing such.

The idea was so bold & daring at that time, not many ppl ever think of it then. The concept is doing thing when no body aware of the idea. Don't wait until everyone doing the similar, by that time, there will be counter measurements. Bankers got a lot of ideas in their sleeves, only matter how close are you with them for them to teach you.

When everyone else starts doing the same with property market softening, of course like you stated....when cannot serve the loan, just a matter of time for banks repossession.

Still, it is not end of the world, there are still ways to own your dream house. Ppl just have to find out.

The major hindrance for ppl to buy a house is the upfront 10% down payment for the majority. You just have to figure out how to clear this obstacles. You cannot save to get this 10% because as the time pass, the initial 50k down-payment for unit worth 500k will have gone up, forever you are saving for the 10% down payment.

Tan Sri Calvin Tan....I got a few friends working at Sgp, staying at JB. Going on/off Causeway daily...every late evening, I see them cursing in their FB...traffic jamn. Even the new link don't do any help.

reach home 10-11pm daily, next day as early as 4am already queuing in the jamn at Custom . This is not life, this is torment.

Singapore have their own problems. Don't just look at the good side of 3.15 multiplier and ignore the ugly side.

If you all common ppl here are thinking ordinary , normal thinking - normal way to buy you dream house. You will be complaining non-stop.

Go mix with ppl, expand our social circle, talk to ppl from different profession, get the ideas how they do it.

during the good all days, when bank negara haven't clamp down the borrowing criteria. MR X from developer S bought 10 units of houses ( landed ) with his less than 4 digit salaries. His superiors ( Project Manager, Project Director, General Manager) earning more than him were all in disbelieved how his staff did it.

Mr. X placed order on unit no.1, go apply loan from bank A . Place order on unit no.2, go apply loan from bank B.....continue to the rest of the of the 10 units. He get all the offers, signed all the loans at the same time. During construction periods, Mr.X served only the interest / 0% scheme during construction.

Once the units ready, he immediately flipped. Bought 10 units, sold 5-6 units, balance 4-5 units he got it free after settling all the bank borrowing.

Of course, that WAS the story of the good old days, when market was good & BNM haven't clamp down such practice.

Mr.X is still the legend in the company. They call his full time property investor & part time company staff.

There are still way to do it, you just need to find out how? Stop complaining.

On the title of discussion, buy what you can afford. No one ask you to buy what you cannot afford. If earn RM 3k /month but want to buy high end semi-D or bungalow at major cities sure kena kantoi. Head not big, don't get a big hat.

No GST is purely Tomato's personal view....it is not so accurate in my opinion.

Developer don't construct the houses, developers tender it out & award it to the builders to construct.

Building materials bought by builders are subjected to GST , main-con & all sub-cons progressive claims subjected to GST..The claim on developer have internal material division is true but they can only enforce the builders to buy from their material division. the price is not competitive & still subjected to GST. Developer material division need to pay GST also.

The tender prices for the same RM / sq.ft have been on the uptrend , never coming down. There were a few incidents of sudden revision of tender price in the market. If I could recall it clearly...year 2010 & 2014 recorded the most significant jump in contract bidding price, most projects budget went burst....the developers were crucifying the the poor QSs for explanation.

in short, developer will take the final construction cost = (awarded tender + authority contribution + consultant / management fees) x profit margin

The awarded tender already subjected to GST. Only when selling the unit, the GST cannot appear on the SPA for unit protected under HDA ( houses / residential ). If you are buying commercial units, you are still subjected to GST during SPA.

GST inflated the building cost = true statement.

money came after the signing of ECRL with China.....they have been waiting for this. Else where got money

kikikii...as long as you are huahi, do & comment as you like the clever great stockraider

I admit my defeat to the great sifu raider's clever comment....kikikiki

no worry, your secret of keeping side chicks at Senzhen safe with us. we won't tell your wife!!!! shhh......

aduhai....durian 1 year harvest 1 time only la macha....the most harvest will last for 45 days. You ask Sime , KLK , IOI go plant durians??? their staffs eat grass for the rest of 10 months?

comparison getting more brilliant as the day pass.....from alleged toxic mushroom to durian....

totally beyond reach.....communication frequency from Mars....

kakikong, kaki answer....

1) a lot of failed land swap deals in history because the company who undertake the deals thought they are financially strong to finance the deal. Half way through....kaput. Cash drained out faster than the future beautiful expected profit...before you reach destination B from A, stop talking about reaching destination C or D.

2) Refer to SPSetia land swap deal happened Nov 2012. http://klse.i3investor.com/blogs/kltrader/21575.jsp
https://cdn1.i3investor.com/my/files/st88k/8664_SPSETIA/qr/2017-03-31/8664_SPSETIA_QR_2017-03-31_Q1FY2017%20Financial%20Results_-642344655.pdf
extraction from SPSetia latest Quarter - Page 11/19
"The construction profit for the above projects is not significant to the Group as they are carried out as part of a land and development right exchange arrangement. The Group derives commercial benefits
substantially from the development of the land and development right so acquired."

3) Margin of financing for land bond only 60% of land value. This one my birdie chirping to me. You want to believe you believe, you don't believe as no problem. Prior to securing financing, refer here....http://www.thesundaily.my/news/1088000

from Nov 2012 till Jun 2014 only can settle all conditions precedent. Then only financing come into talk. Expecting 3 years to get the land from the date of announcement is super super fast. Maybe only happen in Alice in The Wonderland.

60% margin, 40% need to be forked out by company. 40% of 950 mil = 380mil from company coffer. SP Setia Debt/Equity = 0.58. Ekovest Debt / Equity = 3.29.

Hopefully not half way through go back to item 1).

4) SPSetia acting CEO then talked about billing the property development by 2017. http://www.thestar.com.my/business/2015/12/09/sp-setias-federal-hill-to-contribute-to-sales-from-2017/

Hallo, now second quarter 2017....NO BILLING yet !!!! they are still deriving revenue with thin profit from construction activity as per latest quarter report !!!!! page 11/19 !..

Okla la, say 2013 ( round up Nov 2012 ) to now July 2017.....wah, how many years already har??? 4 years & 6 months. Land still not belong to SPSetia officially...

So 3 years getting land , is it not abit too optimistic ? the value even bigger than SPSetia one...

Just giving you a realistic actual case example.....

no more kakikong kaki answer..... you all kakikong kakisong enough la....huahi jiuho

hahahaha....at least got some forumers noticing something. Good points but let me add on .

1) Have the anal-list search how many white elephants land swap deals historically ? land swap deal not new but how many are successful ?

2) Land swap deal means the developer will not get a single sen payment from government during construction. They have to finance the project !!! They need to fork out the cash to pay their contractors & NSCs!!! only cash rich company can afford this.

3) People will challenge point 2) stating can borrow from bank la. If you are coming to this point, do you know the pre-conditions before the banks will give your borrowing? do you know after the pre-confitions have been fulfilled, how many margin of financing they can get from this land swap deal ? hahahah....

4) After you have completed the project, if I am not mistaken, then only the land bond deduction will be completed and the land title will be transferred to the company

5) Further to point 4), can the DO plan submitted before land title transferred to the developer ? How long before DO plan approval can the BP plans be ready & marketing can start doing selling ? How long before that can the tendering process kick in ? the list go on...The development of the land receive can only start after completion of the current project.

It would not be resolved on time for this size of tender. FGV issue is more critical to BN.

on Bandar Malaysia....I doubt they can't risk going back to Botak. if government really do, they are opening the gate of excuses for other builders to delay in future....why Botak can delays but we cannot.....

speculate smart....see money, keep away the money.....now you see it, later you don't see it.....

@Frank Sotong, hope you are well and healthy old uncle. kikiki....you seems to have a long list of lost friends missing in i3 but I'm not sure I am one of the on in your list. I'm just passing by to look see look see after so many moons have passed. It has been awhile.

masterNoskill - it was my first counter in stock market many many moons ago. The down fall of high dividend yield investing. My capital suffered a significant set back, this was a fact and I am not ashamed to admit on this silly mistake. Paid a very expensive tuition fees for the mistake, feeling better by treating it as spending money to buy experience for self comforting. Those new-horns who still think of dividend investing day & night , they are missing out that the sustainability of dividend payment is very important.

If you notice some of the promoters, day & night chanting all the good songs ,cannot tolerate any opposing negative views on their promotion. Very very confirmed, the hard sell promoters got stuck big time & trying to recoup losses desperately on the counter - if the counter is fundamentally weak. Hoping the unsuspecting greenhorns to come in for their own evil intent to escape.

Some forumers, after certain period of time will gain the acknowledgement & respect from the readers for their consistent good picks. These forumers are soon be known as the "sifu" category. There are indeed some good sifus who are consistent, genuine and withhold the trust out there in i3.

There are "sifus" who turned into crook by promoting junk counter after they gained trust based on the previous track records as well. The crook "sifus" betrayed their follower trust the moment the "sifus" promoting the junk rated counter. They will be a lot of blind unsuspecting followers who don't know even know how to distinguish fundamentally strong or weak stock will come out to defend the so called crook "sifus" with their absolute blind loyalty. The statement of the followers defend are very typical - "no one put the gun on your head to force you to buy, your money your responsibility" or "different type of investors, different risks appetite, you should gauge your own risk appetite before following".

They are doing it for the fear that the "sifus" no longer want to share with them good tipsy and they are doing it bcoz they are heavily in the stocks after "sifus" recommendation. Some decided to remain silent because the "sifus" are their friend & they want to avoid argument. The followers share a common characteristic - expecting fish to be given instead of learning how to fish.

The statement above will offend a lot of people out there but it is the truth on what happened, happening and will happens. This cycle have been repeating over & over.

You have been here long enough to observe the similar to what I have been observing. Till we meet again Mr.Frank Soweto.

@stockmanmy

KCChongNZ have his own way of investing. I have observed him doing so. I am the eye witness to his results.

I have seen Calvin Tan made his money from the NCAV method on TStore. I am the eye witness.

I have seen Mr.OTB made his money from his method. I am the eye witness.

I will take no side but I support healthy argument no matter how hard the points might be to the promoter from the critics if it is a valid.

Because it is the valid hard opposing view that will prevent us front the downfall of the investment.

many moons ago, people gave such a beautiful picture of Amedia advertising business. Anal-list / bankers giving "flower" target until one guy came out with his opposing view

"Stock: [AMEDIA]: ASIA MEDIA GROUP BERHAD
Feb 21, 2013 07:05 PM | Report Abuse

kalau betul sebab tu tak pinjam bank, masih lagi boleh diterima. tapi benarkah ? ataupun ada sebab yang lain

pasal iklan-iklan kat LRT, RAPID & bus stop, pada pandangan saya keberkesanan iklan & kemampuan iklan tersebut mencapai golongan sasaran lebih penting.

peniaga buat iklan harapkan lebih pengguna menggunakan produk-produk mereka. kalau iklan tak berkesan & gagal mencapai golongan sasaran, lambat lanun, advertiser akan kurangkan belanjawan pengiklanan outdoor juga.

cuba bayangkan, apa yang boleh ditaja pada iklan outdoor? golongan-golongan yang lepak & ambil pengangkutan awam, apakah linkungan gaji-gaji pendapatan golongan ini ? mampu beli ke produk-produk iklan yang ditaja ? pandangan aku, iklan-iklan yang boleh ditaja outdoor ada batasannya, aku rasa takkan pergi jauh

mungkin sesuai untuk spekulasi jangka pendek ja "

Post that comment, what were the promoters defend ?

If any of you still thinking of silent your critic for opposing views when it is valid. You will missing out another side of the story.

"Words of truth are not pleasing. Pleasing words are not truthful"- Lao Tzu (tumpang copy + paste )

@stockmanmy , worry no on Katappa. Katappa was fortunate because during my greenhorn days, got a lot of good people giving guidance.

The words might be harsh sometime but it hit to the points & shape my investment decision in the present day.

The concept of buying quality was highlighted during my green horn day by this forumer : http://klse.i3investor.com/servlets/forum/900000655.jsp

at present, there are just too many greenhorns repeating the same path to the great downfall.

@KCChongNZ

You should add Masterskill Education Bhd - now AEGB Bhd into the lemon list. During listing , so many "flower" anal-list recommendation up until RM 5. Share price hit highest RM 4.37. After 2 years listing the CEO retired due to health condition.

http://www.freemalaysiatoday.com/category/business/2013/04/18/dr-santhara-resigns-as-ceo-of-masterskill/

After that, he went into politic post his CEO resignation.

http://www.thestar.com.my/news/nation/2013/04/23/ge13-santhara-ditches-corporate-world-to-bring-changes-through-politics/

from year 2010 to 2017, the share price have been compounded in negative rate from RM 4.37 ( peak ) to current RM 0.14. 96.8% value vaporized.

Those greenhorn or Warren Buffet wannabe who everyday quote "buy & hold strategy" or buy when people are fearful or sell when people are greedy got send to slaughter in denial mode.

Your buddy Frank(furter) So(tong)weto got stripe naked & still throwing tantrum at KNM thread.

Please direct your message directly to your UM senior CCMeow. He doing very badly in his selection - almost all junk rated pick. ELse he will be throwing tantrum like frankfurter sotong in the day to come.

dei macha, 1 time highlighting the same point enough alredi la. Chanting back same point repeatedly will make students in class fall asleep la. You don't sleep in class if your primary & secondary teacher doing similar ?

Gay lou birdie, you are still here ar? so loyal la you. My hair already growing back already you still hanging here around 1.20, lol

katappa think your fund gonna stuck here for a long time. Now until GE 14, fund will shy away from Construction counters I think. Not worth to risk the fund if any GE14 outcome not favorable.

if still really GE14 not favorable, I think you really need to be long long long term investor.

hello macha, different opinions / views should be welcomed. Their argument points could be a good learning observation. We should not silence any of the promoter nor the critic points of argument just because you already decided to support a camp.

Tomato Juice aka fortunebull , how you get the free coffee or tea from i3investor? I haven't get mine.

One look can see you naked. You concealing art = failure.

Aiyoyoyo, so many emotions involved in the debate. You all manyak passionate. Siapa ciakap tarak effect ?

Lu tengok itu Sunway Properties, manyak projet kasi sama Sunway Consruction.
Lu tengok itu YTL Land, manyak projet kasi sama YTL Construction.
Lu tengok itu SP Setia, manyak projet kasi sama Setia Precast Construction Sdn Bhd.
Lu tengok itu Malton / Pavillion tauke beli sama WCT , WCT keras tiap-tiap hari on expectatsion projet Malton/Pavillion kasi sama WCT
Lu intai-intai itu Jaks Construction Sdn Bhd - ada projet sama MNH Global Assets Management Sdn Bhd & JAKS Island Circle Sdn Bhd - semua abang-adik mak bapak punya.

Lu orang sikalang ciakap apa nama itu IWCITY belapa billion Bandar Malaysia kontak batal tarak efek kepada Ekovest ? wahahahaha

Katappa ciakap, Katappa tarak pecaya lor. Lu orang betol-betol ingat itu saham naik purely tak ada unsur-unsur future earning forecast dalipada IWCITY ?

Don't woli , be heppi. Woli manyak-manyak banyak hormone dalam daging. Daging tak sedap. heppi-heppi baru bagus...Kattapa watch manjiam mana itu Jipun orang sembelih sama Wayhu Beef. Kena kasi itu lempu hepi

bagi fanci fanci hardcore Ekovest - Monday mari limit up-up-up, ok? kasi hapi sama lu olang......