Trained and worked as an Engineer. Passion in finance and investing. Later qualified as a personal financial planner and a finance and investment professional. Now engage in training in fundamental value investing through internet.
Followers
44
Following
0
Blog Posts
408
Threads
6,684
Blogs
Threads
Portfolio
Follower
Following
2018-12-31 00:15 | Report Abuse
DK66,
You have your point and here is mine.
Earnings potential of Jaks during the construction stage is just a mirage. It has a beautiful story but it has no relevance to long-term investing in this power plant. There is no "business sense", but may be "trading sense". The proponents of this "business sense", without some numbers of future cash flows, were merely hoping to make a quickie out of it, and not aiming to ride on its after the plant is completed and power sold.
Professional analysts who came up with a target price for Jaks without having the information of the future cash flows of the power plant (and also that of its other businesses), are simply not professional and lack credibility.
A good professional analyst should be able to collect all necessary data, make estimate of its future cash flows, taking into consideration the huge debts the power plant has to service before cash is distributed to equity shareholders of the plant, and come out with an estimate of the intrinsic value of the shares.
A potential investment candidate has to have a beautiful story,to be backed up with some numbers. Otherwise there is no business sense, but more of bullshit.
2018-12-30 23:31 | Report Abuse
Posted by qqq3 > Dec 30, 2018 10:59 PM | Report Abuse
by kcchongnz > Dec 30, 2018 10:55 PM | Report Abuse
from my memory, every stock u have ever mention are all small caps, all below $ 1 billion market cap.
=======
that is what I remember, details only u will know......
What?
You claimed that all my "small caps" "collapsed", but couldn't even name a single one, and turned around saying "only you know"?
Are you a small boy or a retired "accountant"?
2018-12-30 23:12 | Report Abuse
DK66,
Can you elaborate what is this "Business sense" propagated in i3investor?
Specifically, which aspect is not covered by FA?
2018-12-30 23:02 | Report Abuse
Posted by qqq3 > Dec 30, 2018 10:58 PM | Report Abuse
if are talking about KYY...I have no problems...still whatsapping me...last one just today.....he promoting the same stock to me last few days......sending me stuffs to convince me....
It is another similar episode as Jaks and Sendai like the last two years. But this time, he has no face to do the same thing again as Sendai and Jaks failed, failed miserably.
You are the best candidate to do it as you have no shame and will do it again. That is why he WhatsApp you.
2018-12-30 22:58 | Report Abuse
Posted by qqq3 > Dec 30, 2018 10:51 PM | Report Abuse
kcchongnz > Dec 30, 2018 10:34 PM | Report Abuse
So you were exposed by the one who knows you best.
===========
if are talking about KYY...I have no problems...still whatsapping me...last one just today.....he promoting the same stock to me last few days......
So another great opportunity for you to do this again?
Jon: What is your opinion on QQQ3/Stockmanmy? For me, I think it’s quite disgusting how he front run Mr Koon with max margin. That is really the bulk if not all his profits.
Mr Ooi: He is very ungentlemanly, to recommended stock to Mr Koon, and trade against him. Buying cheap to sell to Mr Koon at a high prices, when you know he is buying and collecting.
I asked Mr Koon recently what he thought of QQQ3/Stockmanmy recently. He said he is not even worth my little finger.
2018-12-30 22:55 | Report Abuse
Posted by qqq3 > Dec 30, 2018 10:48 PM | Report Abuse
kcchongnz > Dec 30, 2018 10:34 PM | Report Abuse
By the way, which "small cap" of mine you are talking about?
==========
from my memory, every stock u have ever mention are all small caps, all below $ 1 billion market cap.
Which "small caps"? And which ones "all collapsed?
Posted by qqq3 > Dec 30, 2018 10:32 PM | Report Abuse
kc..your small caps and OTB small caps all collapsed.....only ones standing are the stocks like QL....go learn from the long numbers guy....
2018-12-30 22:43 | Report Abuse
Posted by qqq3 > Dec 30, 2018 10:32 PM | Report Abuse
from the very first day I step into i3 my message has been consistent.....students of kc and OTB will come to no good ending because unless you have business sense.....u are not going to survive for long.....
all the past FA, and TA and OTB / KC dozens of formulas not going to help you........
Business sense?
Business sense has been used in i3investor by you these two years. This article of mine is specially dedicated to your Bullshit.
Thi BS of yours has caused a loss of more than RM100 million by just one individual over the last two years.
What say you about your bullshit?
2018-12-30 22:34 | Report Abuse
Posted by qqq3 > Dec 30, 2018 10:27 PM | Report Abuse
kc
I am still me....no harm to me.....
doesn't bother me......
kc..your small caps and OTB small caps all collapsed.....only ones standing are the stocks like QL....go learn from the long numbers guy....
So you were exposed by the one who knows you best.
But still claim that you are so good? No shame?
By the way, which "small cap" of mine you are talking about?
Posted by qqq3 > Dec 30, 2018 05:57 PM | Report Abuse
Haw Liao > Dec 30, 2018 05:37 PM | Report Abuse
which stock right to pick?
===========
yeah...go ask kc to name a stock 12 months money and a stock 3 months money.......see what he come back with.....far as I know kc has given up on this aspect for 2 years already....scared, too scared already.......
2018-12-30 22:22 | Report Abuse
Jon: What is your opinion on QQQ3/Stockmanmy? For me, I think it’s quite disgusting how he front run Mr Koon with max margin. That is really the bulk if not all his profits.
Mr Ooi: He is very ungentlemanly, to recommended stock to Mr Koon, and trade against him. Buying cheap to sell to Mr Koon at a high prices, when you know he is buying and collecting.
I asked Mr Koon recently what he thought of QQQ3/Stockmanmy recently. He said he is not even worth my little finger.
2018-12-30 21:28 | Report Abuse
Posted by qqq3 > Dec 30, 2018 05:57 PM | Report Abuse
Haw Liao > Dec 30, 2018 05:37 PM | Report Abuse
which stock right to pick?
===========
yeah...go ask kc to name a stock 12 months money and a stock 3 months money.......see what he come back with.....far as I know kc has given up on this aspect for 2 years already....scared, too scared already.......
Unfortunately, KC is not another snake oil salesman like Desa, Brightsmart, qqq3, long ranger, stockmanny etc etc. who just pluck stuff from the sky.
Sharing on stock picking is a serious matter. It involves a lot of analysis. It carries a lot of responsibilities. It is not like someone shouting sailang, margin on Jaks and Sendai at RM1.80+ and RM1.40 respectively, and at the end, causing pains to those who simply follow without assessing their own personal risk profile.
Stock picking is also not an endeavor to mislead, manipulate, or even outright cheating the newbies and innocent as someone has done for Jaks and Sendai by Desa, Brightsmart, qqq3, long ranger, stockmanny etc etc.
2018-12-30 20:51 | Report Abuse
Posted by Connie555 > Dec 30, 2018 08:20 PM | Report Abuse
wtf man, previously thought u deleted ur article now u come out with the same article condemn on other people mistake!!! ur stock go holland ppl also nvr condemn u, y cant u jz leave the old man alone. Ur Insas go holland, did any ppl condemn ur FA doesnt work? Hornestly previously i hv high respect on u KC, but after seeing u condemn on other ppl mistake nt jz this article, but some of ur previous article u are some sort of 马后炮 mix 消费别人来卖产品....jz my personal opinion. my apology if i offended u.
Thanks for the "high respect" you have had for me. But that respect is not what I seek for when I share article in i3investor, or trying to teach something about investing to the public.
In all my articles, I share about investment subjects which are very useful for the public. I truly believe so. I did share many articles opposing and rebuking some other investing philosophies and methodologies. I strongly believe these articles offered very good opposing opinions and views which were crucial for the success in investing. The outcomes have actually shown that indisputably as you can see.
As you have read my articles and digested them, (none of them are 马后炮 mix 消费别人来卖产品) and if you truly understood the message I have been trying to convey, and have an open mind, they will benefit you in your future financial well-being.
Another thing, in investing in Bursa, nobody is worth your idolizing. You do that in your own peril.
2018-12-30 14:27 | Report Abuse
Too bad. The more you talk, the more nicks you used, the more you expose your fox tail.
Whatever nicks you use, whether Desa, stockmanny, Brightsmart, theloneranger, qqq3, you can't change the way you write.
Posted by Zhuge_Liang > Dec 30, 2018 01:13 PM | Report Abuse
Posted by longranger > Dec 11, 2018 08:30 PM | Report Abuse
this is the stock where i got 350k profit in 4 mth but at the end sold at loss 150k in total, long term holding didnt work. Now came back again at 0.46, like a gambler want to get back the losses. Good learning and still learning with this ekovest.
qqq3 = longranger
qqq3 lost 150k in ekovest.
KC is right, qqq3 is telling all lies in I3.
2018-12-30 13:52 | Report Abuse
Posted by qqq3 > Dec 30, 2018 01:37 PM | Report Abuse
kc
yes...It was deleted not because I have any thing to hide but because it has served its purpose.......It is difficult to follow after a while.
I now start a weekly blog....see how it goes......
How are you going to boast about tripling your RM100k capital, despite losing RM150k in Ekovest, in say the next few months?
Without that, how are you going to show you have become a RM200 millionhair in a few years time?
Just by telling stories that you bought this share at this price and have sold at that price?
2018-12-30 13:32 | Report Abuse
qqq3 Zhuge_Liang > Dec 30, 2018 01:11 PM | Report Abuse
u have to admit...last two months or so...I wrote my trades live.....and record not bad.......These are not my best two months....But net net, I make money too these last two months.....
30/12/2018 13:25
Live trading record?
Where is that thread now? Why was that deleted?
2018-12-29 23:12 | Report Abuse
Posted by sense maker > Dec 29, 2018 06:31 PM | Report Abuse
He ceased to have faith in Vietnam plant of jaks.
I doubt this is the reason. I do not see what has changed in the power plant as it appears that the project is on schedule. It is hard to believe that one can put up more than RM200m investing in a company and just lose faith in it a couple of year later.
I tend to believe what he said; the force selling due to margin calls.
It is easy to fathom that by estimating from the bursa announcements, what was the average price he bought, what margin we assumed he has used, and the approximate average price he sold.
All signs of margin calls were there.
2018-12-29 23:05 | Report Abuse
Posted by qqq3 > Dec 29, 2018 10:56 PM | Report Abuse
kc
good isn't it ?
$1.00 at time of writing , TP $ 2.00 reached $ 1.80 very good already......how many other research reports reach so near TP?
Think about it, you may be right. You are damn good.
Even a seasoned super investor also lured by you and he brought all the way up to RM1.80+. As a result, you have profited again and again from the repeated luring, while he lost more than RM100m, and yet he still thinks you are a great man.
2018-12-29 22:52 | Report Abuse
Posted by qqq3 > Dec 29, 2018 10:30 PM | Report Abuse
this report is done in early 2017........
https://klse.i3investor.com/blogs/stockman/113723.jsp man, aka qqq3, Loneranger, Desa, Brightsmart, etc. etc.
Yeah man. That was the report with the following conclusions, and shouting of sailang and margin by the famous character in i3investor now with his silly article on Jaks.
$2.00 target price by end of 2017?
What is the price of Jaks now?
What happened to those who were cheated by your luring into buying jaks at RM1.50+?
"I see TP of $ 1.50 as being too conservative.
Year end TP of $ 2.00 is more reasonable
Major catalysts include
Impressive results throughout 2017.
Sales of non core assets
Publicity and awareness to be created
Share purchases by the CEO"
2018-12-23 20:17 | Report Abuse
This post describes a subject, an investment strategy which I showed it did not work. So it is a lesson for those who wish to follow this strategy.
It has nothing to do with any personality.
However, it still antagonizes some readers, so badly. Hence it is no good.
Because of that, I decided to take down the post.
2018-12-19 16:12 | Report Abuse
Most of those receivables and payables are related to the power plant project of the JV entity.
It is more like Jaks did the work for the JV with Chinese partner as its total subcontractor in the power plant project.
So now the JV owed Jaks the work done as "receivables" in Jaks account, and Jaks owes its subcon the "payable" for work done.
Just an accounting exercise.
Just guessing.
2018-12-17 11:28 | Report Abuse
What happened?
Record of recent trading....
Author: qqq3 | Publish date: Thu, 8 Nov 2018, 06:05 PM
deleted as it is outdated....go straight to comments section.
2018-12-17 11:28 | Report Abuse
Posted by qqq3 > Nov 15, 2018 04:56 PM | Report Abuse
extracted......I still got Layhong at 44....
Posted by qqq3 > Nov 30, 2018 11:19 AM | Report Abuse
sold Layhong at 38.
Does it look like a good trader who can triple his stock value in 2 years?
2018-12-17 11:14 | Report Abuse
Posted by qqq3 > Dec 17, 2018 10:30 AM | Report Abuse
sold Genting M....now only Jaks and Supermax remain.
Genting M also no point, gives up with market like this.
Posted by qqq3 > Dec 13, 2018 07:20 PM | Report Abuse
kc
with trade wars, hard Brexit, inverted yield curves, Huawei thingy, recession looming, in Malaysia GLC selling shares, and margin selling, Sendai is trading at 45......well, I have some shares at 70.....
traders can act fast at the top....at the bottom, what is the point of selling? got place to hide?
Sendai going bankrupt like Sapura?
Tan Sri very hard working chap, I wish him all the best. His got 70% of the shares.
2018-12-17 11:10 | Report Abuse
Posted by qqq3 > Dec 17, 2018 10:30 AM | Report Abuse
sold Genting M....now only Jaks and Supermax remain.
Genting M also no point, gives up with market like this.
Posted by qqq3 > Dec 12, 2018 09:23 PM | Report Abuse
another chi sin lo....I read the title , click expecting to see your professional analysis whether Sendai at 53 sen can buy ...and see what I get.....regrets clicking it...but what to expect from this KC?
ps....I still got sendai at 70 sen....well, what to do...? cold storage it for the time being la.
2018-12-15 21:43 | Report Abuse
Posted by qqq3 > Dec 15, 2018 12:51 PM | Report Abuse
written in good faith
LAD whack every thing now....Vietnam drastic drop in revenue when Director in other sources says 40% completed not the 30% in the accounts ...meaning what?
meaning they wanted to whack every thing down this quarter....and this not even an audited period.
meaning it is not an accident, meaning they have motives, meaning they have strategies.
So what kind of management is this to play out other shareholders?
I thought in your priority whether to buy a stock, the number one thing is how good is the management?
2018-12-14 15:50 | Report Abuse
Posted by qqq3 > Dec 14, 2018 10:37 AM | Report Abuse
kc
the only thing note worthy for sendai account to Sept is that Amount due from customers under construction contracts is reduced by $ 300 milllion and receivables increased by $ 400 million. This is the tug boat delivered money not yet received.
Sendai construct tug boat? For who?
When was the "tug" boat completed?
Who was the client?
Receivables increased by RM400m?
Is that a small sum? How is this compared to its "profit"?
Why still not paid by the client?
2018-12-13 23:15 | Report Abuse
Posted by qqq3 > Dec 13, 2018 11:04 PM | Report Abuse
kc...I already told u...not easy to explain to engineer....
go find an accountant. Preferably off line.
you are just bullshitting and beating around the bush. You don't even know what are those "Receivables", "owe by contract customers", "payables" etc are.
Sren't you an "accountant"?
2018-12-13 22:56 | Report Abuse
Posted by qqq3 > Dec 13, 2018 10:39 PM | Report Abuse
kc
u see a huge figure in the amounts due from customers?
ME: SO EXACTLY WHAT IS THIS "the amounts due from customers"?
WHAT "AMOUNT" IS THAT, AND WHO IS THE "CUSTOMERS"?
When time to settle with China , they will journalise every thing then...and the profits credited to Jaks...and Jaks will use that to partly pay for the JV shares.....they have not closed the books yet.
ME: "journalise every thing then"? WHAT "journalise"? WHAT IS "every thing". WHY "then?
"use that to partly pay for the JV shares"? SO THAT IS THE "PAYABLES"?
REALLY?????
INVESTING IN JV SHARES CLASSIFIED UNDER "PAYABLE"? REALLY???
that is why the capital commitments figures remains unchanged.....
ME: "capital commitments figures"? WHERE IS THIS APPEAR?
YOU ARE JUST BULLSHITTING AROUND.
YOU MAY FOOL SOME PEOPLE SOME OF THE TIME. YOU NEVER ABLE TO FOOL ME, NOT EVEN ONCE!
2018-12-13 22:30 | Report Abuse
Posted by qqq3 > Dec 13, 2018 10:22 PM | Report Abuse
woah...u also loneranger....long time already...
explaining IFRS here....too much work...go approach an accountant...u are engineer, they will understand u need their help......
Stop bullshitting and beating around the bush. I know what IFRS is, but it is irrelevant here. No need to use the thing to frighten people.
Answer this question right to the point.
What is used to offset what? What are those "whats" made off?
2018-12-13 22:20 | Report Abuse
Posted by stockmanmy > Dec 13, 2018 09:52 PM | Report Abuse
kc....
for that, u have to look up IFRS rules....too technical for u...better stick to engineering stuffs.
Posted by kcchongnz > Dec 13, 2018 09:25 PM | Report Abuse X
told u already..a portion related to Vietnam...to be set off against other accounts.
just the way the accounting is done.
Let us see if this "accountant" really understand this accounting.
Qqq3, Desa, stockmanmy, Brightsmart, Longranger, or whatever,
Don’t bullshit and beat around the bush again and again, now with IFRS, MIFRS, or whatever. You don’t need those.
Tell us precisely what accounts are those “Receivables”, and “payables”, and how the set-off is done?
2018-12-13 21:33 | Report Abuse
Posted by qqq3 > Dec 13, 2018 09:28 PM | Report Abuse
kc...since u are no accountant...this post may be news to u.....
icon
one more good news for u....
according to accounting rules, companies are supposed to provide for all LAD when it becomes foreseeable....not just up to Sept ....
meaning what? meaning if done properly, total provision of $ 35 million ( $ 20 million last quarter) is all that is needed...it is not apportioned by time. ...meaning also next quarter no need provision.
Don't keep on bullshitting and beat around the bush. Answer my question above right to the point.
2018-12-13 21:25 | Report Abuse
Posted by qqq3 > Dec 13, 2018 09:00 PM | Report Abuse
y calvintaneng > Dec 13, 2018 08:57 PM | Report Abuse
Rm840 millions Payables will be due soon for payment
=========
told u already..a portion related to Vietnam...to be set off against other accounts.
just the way the accounting is done.
Let us see if this "accountant" really understand this accounting.
Tell us precisely what accounts are those and how the set-off is done?
2018-12-13 19:08 | Report Abuse
Posted by qqq3 > Dec 13, 2018 03:35 PM | Report Abuse
kc....what big deal?.....the profits i already make in sendai covers my cost several times over.....size matters.....
ME: ANOTHER BOASTING HOW YOU PESTERED PEOPLE HERE TO SAILANG AND MARGIN SENDAI AT MORE THAN RM1.30+, WHILE AT THE BACK YOU SOLD TO THEM AND MADE A KILLING?
OR YOU PLP YOUR MASTER HOW GOOD HE WAS KEEPING ON BUYING SENDAI AND PUSHED THE PRICE ABOVE RM1.30,WHILE YOU SOLD AND PROFIT FROM IT?
u need to teach your students.....wallen bufalo students buy during crisis......and the company still doing well.
ME: YES, WARREN BUFFET FOLLOWERS BUY STOCK AT CRISIS TIME, BUT THEY ARE GREAT STOCKS SELLING AT CHEAP PRICE, AND NOT RUBBISH STOCKS WITH A BUSINESS WHICH BLEEDS CASH EVERY YEAR.
HOW CAN I TEACH MY STUDENTS TO INVEST IN THIS KIND OF BUSINESS? HAVEN'T YOU READ ALL MY ARTICLES ON SENDAI?
COMPANY STILL DOING WELL? PLEASE ELABORATE.
2018-12-13 14:45 | Report Abuse
Posted by qqq3 > Dec 12, 2018 09:23 PM | Report Abuse
ps....I still got sendai at 70 sen....well, what to do...? cold storage it for the time being la.
So no more boasting about your trading skill? Become a big crab inside a cage?
You see there is a big difference between an investor who has studied in details the fundamentals of the company and when the share price drops, he no worries; in contrast with a speculator who when things gone wrong, is forced to turn from a trader to an "investor".
2018-12-13 07:25 | Report Abuse
Posted by qqq3 > Dec 12, 2018 10:09 PM | Report Abuse
kyy says he not so desperate must sell sendai....let him sell Jaks enough la.
So this time you didn't get a WhatsApp message from him in advance before his selling? Why ah?
2018-12-13 07:22 | Report Abuse
Posted by qqq3 > Dec 12, 2018 09:23 PM | Report Abuse
another chi sin lo....I read the title , click expecting to see your professional analysis whether Sendai at 53 sen can buy ...and see what I get.....regrets clicking it...but what to expect from this KC?
So you just only try to find the "buy" or "sell" word in any analysis, rather than the details of the analysis of which this article is about because you just comprehend?
Good on you.
2018-12-12 21:35 | Report Abuse
Posted by CharlesT > Dec 12, 2018 07:39 PM | Report Abuse
U sure he got so much money to lose ah
Here could be one reason, a lie that he had made RM200k from his RM100k capital.
Posted by Zhuge_Liang > Dec 12, 2018 07:35 PM | Report Abuse
Posted by longranger > Dec 11, 2018 08:30 PM | Report Abuse
this is the stock where i got 350k profit in 4 mth but at the end sold at loss 150k in total, long term holding didnt work. Now came back again at 0.46, like a gambler want to get back the losses. Good learning and still learning with this ekovest.
qqq3 lost 150k in Ekovest.
KC is right, qqq3 is telling all lies in I3.
The end is near for qqq3, KC and Sslee, please do not need to argue with him.
Let qqq3 sings "the end is near" by himself.
qqq3 did it his way.
Here is another,
He dug into his retirement fund in EPF.
2018-12-12 20:06 | Report Abuse
Posted by Zhuge_Liang > Dec 12, 2018 07:35 PM | Report Abuse
Posted by longranger > Dec 11, 2018 08:30 PM | Report Abuse
this is the stock where i got 350k profit in 4 mth but at the end sold at loss 150k in total, long term holding didnt work. Now came back again at 0.46, like a gambler want to get back the losses. Good learning and still learning with this ekovest.
How did you manage to copy his comments? Didn't know this is another Sextuplets of him.
Moral of the story is never lie. It can catch up with you one day.
2018-12-09 22:52 | Report Abuse
Posted by qqq3 > Dec 9, 2018 10:04 PM | Report Abuse
I make money because of my trading skills...if no good I long ago lost back every thing already.....
things change, stuffs happen.....
To borrow from what your master had said,
"If he is good, he would have long been a millionaire already."
But after retirement, still have to struggle with RM100k capital.
What happen?
2018-12-09 22:16 | Report Abuse
Posted by qqq3 > Dec 9, 2018 10:02 PM | Report Abuse
kc chong...u can bluff and cheat others with your good polite manners...but u cannot cheat and bluff me with my rough manners.
People who are good and polite don't cheat. People with rough manner, by deduction, cheat.
See how much evidence I have provided here showed that you cheat and bluff?
It is not only me. Do read the comments in this thread alone from Icon8888, SSLee, KS55, Charles T, Cheoky, roger123, Zhuge_Liang, Stockraider,etc.
Wow, I do not even believe myself someone got such a bad image among so many people. That is incredible, unbelievable!
2018-12-09 22:01 | Report Abuse
Posted by qqq3 > Dec 9, 2018 06:24 PM | Report Abuse
kc
two occasions I will not write negative stuffs about Jaks...
- when my friend is heavily involved in Jaks
- when it is 50 sen and I am involved.
Of course you wonuldn't write negative things, but you wrote many positive and PLP things, even though the management of Jaks was up to nothing good, so much so your friend was drunk with too much koolaid and lost more than RM100m.
The newbies and naive were also fed with those sailang and margin nonsense, and as a result lost heavily too.
And you at the back profit again and again.
Good job!
2018-12-09 21:55 | Report Abuse
Posted by stockmanmy > Dec 9, 2018 04:45 PM | Report Abuse
kc chong
u are already wrong when u keep insisting KYY writes to trap people....that KYY writes buy, he secretly sells.....
so...who is the jerk? who is wrong?
KC Chong wrote like that? Where, when, which? Show me, if there was even one article!
You were the one who wrote about sailang and margin and trapped people. Even that, I did not write anything on that.
Just see how many of them were trapped when they followed you sailang and margin Jaks from RM1.80+ until margin call down to less than 50 sen?
Repent man!
2018-12-09 14:05 | Report Abuse
Posted by qqq3 > Dec 9, 2018 12:43 PM | Report Abuse
no one can reasonably expect me to write bad stuffs about Jaks when my friend is so heavily involved.
No, we never expect you that.
But no sensible person will expect you to shout sailang and margin on a stock which you think was bad, and as a result trapped many innocent people and newbies.
What a jerk you are!
2018-12-09 11:24 | Report Abuse
Posted by DK66 > Dec 9, 2018 10:57 AM | Report Abuse
Bear in mind the BOT contract is 25 years. So, is 30 or 20 sen cash flow per share per year for 25 years attractive to Jaks at RM0.50 ?
I do agree with you that is very attractive if your assumptions are right, barring the absence of many unforeseen circumstances.
With this, we should expect the rights issues will be fully subscribed. If a major shareholder doesn't subscribe it, the management and the other major shareholders will do. If it is not, then there may be an alarm.
2018-12-09 10:45 | Report Abuse
Posted by DK66 > Dec 9, 2018 10:33 AM
Base on the same projection, Jaks 40% = US$100m x 40% x 4.15 = RM166m / 546m = RM0.30 cash flow per share
DK66,
1) Why don't you consider the eventual total number of shares after full conversion of warrants?
2) Is a cash flow of 30 sen a share a year (or 20 sen a year after full dilution, good enough, even at the present price of Jaks?
2018-12-09 00:14 | Report Abuse
Posted by qqq3 > Dec 9, 2018 12:06 AM | Report Abuse
no lah....kc....if it is rubbish in, rubbish out...if it is not rubbish...no need to go further ....good enough for me....
So you now surrender and admit that the statement below by you is another rubbish talks?
Posted by qqq3 > Dec 8, 2018 11:09 PM | Report Abuse
Its a US$ 1.9 billion project, 30% stake US$/RM say 4
if projects works out well, minimum earnings yield say 6% to 10% should give $ 140 m - $ 230 million pre tax profits to Jaks....per annum....
if does not work out well...then....too bad, better luck next time.
How much is that worth I also don't know...go ask KC Chong from NZ...he got a lot of calculations one.
2018-12-08 23:39 | Report Abuse
Posted by qqq3 > Dec 8, 2018 11:09 PM | Report Abuse
Its a US$ 1.9 billion project, 30% stake US$/RM say 4
if projects works out well, minimum earnings yield say 6% to 10% should give $ 140 m - $ 230 million pre tax profits to Jaks....per annum....
ME: WHAT DO YOU MEAN BY "EARNINGS YIELD" HERE?
A POWER PLANT INVESTMENT RETURN IS MEASURED BY EARNINGS YIELD?
"MINIMUM" HAS A RANGE OF NUMBERS? WHAT KIND OF MATHS IS THAT?
WHAT KIND OF CHEKAI "ACCOUNTANT" YOU ARE?
if does not work out well...then....too bad, better luck next time.
How much is that worth I also don't know...go ask KC Chong from NZ...he got a lot of calculations one.
EVEN WITH YOUR ASSUMED FIGURES, YOU STILL CAN'T FIND OUT HOW MUCH IT IS WORTH? AND HOW MUCH IT IS WORTH PER SHARE OF JAKS?
DO YOU KNOW THAT WILL BE A VERY SIMPLE DISCOUNT CASH FLOWS ANALYSIS?
I THOUGHT YOU SAID BESIDES THONG, YOU ARE THE BEST ANALYST?
OR ARE YOU THE BEST BULLSHITER?
2018-12-07 16:46 | Report Abuse
Posted by qqq3 > Dec 7, 2018 04:35 PM | Report Abuse
my son? don't involve him...no need...He is on holiday in Bangkok....anyway , have not met an analysts which is my equal...except Tong of Edge....
Oh My God!!!!
Well, I think I better just totally ignore you. It just a plain waste of time. You are from another Planet, But before I do that, I just borrow what somewhat who had met you and knows you very well as below,
"Dear fake accountant qqq3,
I am very mean and cruel to you in order to be kind to all the i3 community by exposing you for what you are. You are a fake accountant, a fraudster, a backstabber, a bootlicker, an ass-kisser, a shameless manipulator and good for nothing low life parasite feeding newbie and even super-investor Mr. Koon with manipulated information for you owe self benefit.
By exposing you and hitting at your conscience, I am trying to save the i3 community from your bad influence/evil and if possible save your soul/conscience too if you still have one inside you. Now I can say for sure your soul/conscience is beyond saving.
Can you now please prove to i3 you are a real accountant and tell us when you met Mr. Koon and for what purpose? I shall rest my case."
2018-12-07 16:30 | Report Abuse
Posted by qqq3 > Dec 7, 2018 04:26 PM | Report Abuse
kc...why all air only but no substance....? be like me lah...talk with substance one.....
KC no substance and qqq3 got substance.
I give you a suggestion. Get your analyst son to read all my articles on Jaks and your articles on Jaks. Then ask him who got substance.
A good test on whether his "accountant" dad really got any substance in finance and investment, and how is he compared with an engineer.
2018-12-07 16:24 | Report Abuse
Posted by qqq3 > Dec 6, 2018 11:23 PM | Report Abuse
so are u going to write an apology or not? better still with revisions and new thread.
Jon was trying hard to write something to share for those who owns Jaks or contemplating to buy Jaks.
Apology? For what?
You should be the one profusely apologize now as you have led many people lost a fortune shouting margin and sailang when Jaks was trading at RM1.50+.
Blog: Is “Business Sense” dead? Kcchongnz
2018-12-31 00:20 | Report Abuse
And the outcome of hoping to make a quickie out of that "business sense" has been shown, loud and clear.