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2017-05-16 10:57 | Report Abuse
Why buy shares like this and live on hope daily. It's a supermarket out there with plenty of good shares moving up daily in this bull market.
2017-05-15 17:31 | Report Abuse
It's not a credible stock. Just look at their track record since listing and you will know one thing, not well managed.
2017-05-12 20:54 | Report Abuse
Stockmanmy, there is no substance in your take on JAKS and argument.It only reflects your shallow character, especially the way you respond to some visitors to this blog.
2017-05-12 19:50 | Report Abuse
To uphold a person so highly day and night and on guard at all times, the person in question must fulfill good qualities i.e. have humility, compassion, empathy, etc. for people less fortunate, less educated and/or have lesser wealth if the case may be. Apart from that, there is no valid reason for anyone to be so kind to the person. All people must earn their respect in public life. One cannot demand respect simply because one is richer than others. If wealth is the sole determinant, than this person is considered small timer to many more richer people in this world. The very rich don't blow their trumpet and don't need to do margin on trades, if one professes to be so rich.
2017-05-12 15:51 | Report Abuse
Right on Icon. I like people that put their money where their mouth is. Cheers.
2017-05-12 13:38 | Report Abuse
At current prices, HY definitely a better buy than Petron. The chinese are shrewd business people and the HY boys are reputable in China. In fact, they have the capability to upgrade the plant. Watch closely the upcoming result to see how good they are. I reckon they will declare dividend to take the profits back if cash flows are positive after accounting for capex required for the upgrade. It's my hunch only, cheers.
2017-05-11 21:56 | Report Abuse
The price has run too far ahead of it's current fundamentals. Look's fully priced at current level. Historically and capacity wise, penta look's toppish. Be safe less you'll be sorry. Cheers.
2017-05-11 20:10 | Report Abuse
The trouble with most people in the market is they tend to overpay for shares which have limited growth potential except what these analysts or self proclaimed super investors claimed to be a good thing. Equipped yourself with knowledge on how to read and understand the Annual Reports and incorporate value investing to your investment decision. You should profit most of the time but not necessarily all the time. Reason is because the thing that is not within assessment are human or management behaviour that turn sour along the way. On record, I'm sure 9 out of 10 players end up losing. Cheers.
2017-05-11 18:21 | Report Abuse
Take it as short term noise in the market on this counter and buy with spare cash and hold for another 2-3 years should be alright. If you expect the counter to move like roller coaster IWCITY, then this is not the stock for you. Please take some time to download PRGL's Annual Report for Dec 2016 and you will realise that they are generating positive cash flow from operations. If you do not know how to read accounts, get someone to advise you, cheers.
2017-05-11 13:34 | Report Abuse
To make money in the stock market, one has to put aside feelings of anger due to disappointments with WC, or anyone in particular, in the past. No one is to blame if we got caught for all the wrong reasons. The fact is most players get caught due to greed and believing in others when the signs are clear on the wall to steer away from the stock. So, when a stock is on a turnaround, that's when the profits are most significant if one is able to eat humble pie and buy early when all signs are telling you to do so. Again, thanks Icon8888 for the insightful write up. You make the highly paid analysts look like novice as they don't seem to have woken up from their slumber. Cheers.
2017-05-11 12:44 | Report Abuse
Icon888, don't forget bro, they still have slightly more than 5% treasury shares to reward shareholders as dividend in-specie.
2017-05-11 12:19 | Report Abuse
Good write up by icon8888. You should be drawing the big fat pay these stupid analysts earned in the brokerages. None has written anything on this stock till todate. Finally, someone is recommending an undervalued stock for followers in this blog to make some decent profit. Thanks Icon8888 for a job well done, cheers.
2017-05-09 19:02 | Report Abuse
Just my estimate based on the number of shares they owned over a fair price , say approximately S1.25-1.30 for a high growth stock.
2017-05-08 23:45 | Report Abuse
Not a single analysts in town has rerated the stock even after the anti-dumping duty has been extended by 3 years. So, if you want to make money in the stock market, then don't listen to these stupid analysts. Most of the time, they will buy for the house first before they throw out the white to promote the shares for Investors and traders to buy. So, you actually help to push up the share price for them. Just like those promoting JAKS regularly though the company is losing money.
2017-05-08 16:41 | Report Abuse
Star won't sell their stake for anything less than 500 million in cityneon.
2017-05-08 15:33 | Report Abuse
The Lion roars today, cheers.
2017-05-08 14:56 | Report Abuse
Tell me a business or a company that has never ever experience a slow-down in this world. Parkson is no different. It has experienced operational losses for the past 5 qtrs. Its not the end of the world. It happened due to China's economy taking a breather after many years of double digit growth. All businesses have ups and down. The question is? Are you going to buy ahead of a turnaround or are you a trader who trades shares that are in play daily. Then, this is not the share for you.
2017-05-08 14:45 | Report Abuse
When the turnaround kicks-in, there will be no chance to buy cheap. The price will be re-rated up very quickly. Just wait and see. People talk about e-commerce and buying online as if people around the world will stop going to departmental stores. Then do what at home? Be rational and imagine if the world will be devoid of departmental stores and F&B outlets in such places. Are these people really serious when they make such comments or do they have different agenda to promote their online biz?
2017-05-08 14:39 | Report Abuse
He who is low fear no fall. Remember this well, cheers.
2017-05-04 12:48 | Report Abuse
Keep a close watch on the result announcement of it's two subsidiaries. They always report first. If they are positive, then Parkson will also have positive results, Cheers.
2017-05-04 11:56 | Report Abuse
ICap still holding Parkson shares at above RM2. TTB cannot be so dumb to hold if he thinks Parkson will not rebound. So, hang on tight to your shares, cheers.
2017-05-02 22:47 | Report Abuse
Parkson is still in net cash after the bond value is deducted. At such low price and the underlying assets that they owned, many of which have yet to be revalued, I think it's safe to buy with spare cash and hold. TTB cannot be a fool to hold on to Parkson if the share has no hope, cheers.
2017-05-02 16:25 | Report Abuse
Told you guys this stock is very undervalued and to buy as it is cheap. But somehow many people in this blog is still chasing JAKS. Don't know why, cheers.
2017-04-25 10:35 | Report Abuse
Very good buy at this level. Adequate margin of safety and showing signs of turning around. Buy we spare cash and hold. Should make handsome returns within 2 years time.
2017-04-24 21:31 | Report Abuse
This blog should not be monopolised by certain investors with vested interest. Obviously, it has been used to great effect by creating a herd mentality on the stocks being promoted. If they are credible, then allow others who differ in opinion to have their say. Don't run them down. Remember that when self-proclaimed investor talk about their golden rules, they need to be consistent. Don't change your golden rules like changing shirts. Then people will doubt your sincerity. Like they say, a person is judged by the way he lives his life and the good work that he does. There shouldn't be a disconnect here. Like they say in life, a good tree cannot produce bad fruits neither can a bad tree produce good fruits. So, don't talk about doing good in life if you live a contrasting life and is full of arrogance, cheers.
2017-04-24 19:46 | Report Abuse
Good evening to all. My comment on JAKS was purely an opposing view for those that believe in its growth story. What is wrong with that? I have never bought this share before as I do not find anything so compelling in its business to do so. For instance, the company is highly geared, only Public Invest cover the stock with a target price of 1.50. The CEO owns not more than 9% of the shares based on last AR. Don't tell me all the analysts in town are dumb. I'm sure they have analysed and weigh the risk reward before shunning this stock. This blog is supposed to allow for sharing of ideas and not for getting personal and running people down just because they do not agree with you. This sounds like another BN rule in the making, cheers.
2017-04-24 01:09 | Report Abuse
This blog is closely monitored for obvious reasons. It is used to promote the stocks they have bought. Contrasting views are to be censored to minimise negativity on the stock they are promoting. They even go to the extend of giving talk personally in brokerage houses to promote the shares. So, follow at your own risk, cheers.
2017-04-23 23:42 | Report Abuse
Comments posted on 19.13 pm continue to be deleted after being posted. This blog is not credible. They only want you to read what they feel is not opposing to their views. My opinion of this man is pretty clear now, though he talk so much of his deeds and achievements, good night.
2017-04-23 21:09 | Report Abuse
Admin should not delete my reply if not it only serves to show that as much as we talk about changing a government due to mismanagement, what is the difference in I3 if this is likewise censored.
2017-04-23 20:51 | Report Abuse
My comment at 19.13 pm do not seem to appear here. Admin need not fear but to allow free flow of information. I will wait to see if my comments will re-appear unedited.
2017-04-21 11:55 | Report Abuse
When you promote the share that you have bought and put the caveat at the end that this is not a call to buy or sell, who do you think you're trying to kid? In fact, the regulators should closely monitor blogs like these for possible stock manipulation. The transactions of the so-called Super Investors and their cohorts,if any, should be investigated for possible share manipulation. How is it when they start to buy, the share will go up more than 800% at times as claimed in the blogs they are promoting.
2017-04-21 10:46 | Report Abuse
The trouble with self-proclaimed super investors is one day they tell you their secret winning strategy is to buy shares which make more money this year than last year to justify their buying, now the same super investor will tell you he will also buy even if the company make losses last year to justify his buying because he knows the business better than the founders. Because before he bought the share, the price didn't move, but once he is in, everything changes. That is what he wants you to believe so you will help him to push the price up. Cheers.
2017-04-19 16:08 | Report Abuse
Those that have been chasing this stock will get hurt soon. A losing concern and if any negative news emanating from Vietnam on it's so called lucrative IPP project, this will send the share price tumbling down. Always buy companies with good management and people with integrity that manages the business. Jaks track record speaks for itself. Cheers.
2017-04-18 17:17 | Report Abuse
KC, a good piece to share for the young and new investors. Hopefully, they will learn the art on investing with the right approach. It's their hard earned money that should not be gambled away. Good job and keep up the good work in educating those that appreciates.
2017-04-18 08:46 | Report Abuse
The trouble with most players in the market is they don't know how to read accounts. They only buy when the savvy investors have finished collecting and then start to promote the stock. The other reason why LionInd is neglected is the fact that the market as a whole is not efficient and the analysts are busy promoting the same stupid stocks they recommended even when lesser profits are announced. This is Malaysia or Malaysia Boleh.
2017-04-17 22:48 | Report Abuse
Do you guys see TTB, Neohsoonkean, coldeyed, etc. tell you guys day and night to buy the shares they have invested in? The answer is a simple NO. They don't need you to push it up for them. Only those that lack confidence and want to create the herd mentality on the share they have purchased will do this. They say their intention is noble and want to help you to make money. There is no free lunch in the stock market. If everyone follow the one with the deep pocket to buy then who would be the loser if he suddenly cash out. Don't tell me he will warn you ahead that he is going to liquidate his holdings because the share has reached his target, then how is he going to get a good price. What he will do is the usual MO i.e. to sell quietly and then make the filing much later on. So, follow at your own risk. There are plenty of good profitable companies in Bursa still selling cheaply, so, look elsewhere for better investment opportunities.Cheers.
2017-04-17 18:50 | Report Abuse
How come people are so gullible to buy on the hype that Jaks will make the big money.To see this till end of the rainbow will be a long time. Anything can happen until then.So why are people so stupid to chase this share just becos of one person buying this stock. Didn't he got it wrong a few times in the past?
2017-04-09 22:58 | Report Abuse
I think KC you wrote it crystal clear on what value investing is all about and if these critics still can't understand, then it is obvious who the losers normally are. Cheers, KC.
2017-04-04 22:58 | Report Abuse
Well said. Keep it up, Calvin. I think this forum needs contrasting views so that fools don't get easily slaughtered. As usual, most players lose money and only a handful make money. So, don't be a fool to buy companies showing losses hoping to make money in the future. Don't put hard earned money on hope.Go and buy good companies in the market now who are at single digit PE selling for a song.
2017-04-04 14:16 | Report Abuse
Good advise KC but as usual it will fall on deaf ears to many. This is because the majority have short memories and the greed factor. When exuberance sets info the market, everyone has become a sifu as easy money is made. Only when the dust has settled later will you find badly mauled victims everywhere.
2017-03-28 14:05 | Report Abuse
And for PKMM, they couldn't differentiate the wood and the trees. They want it cheap forever without knowing the developments taking place in the steel market globally. Hopefully, MITI get it right.
2017-03-28 14:01 | Report Abuse
Investoo, TQ for sharing anti dumping action taken by other countries so that hopefully, MITI will do the right thing and keep the duties in place. It's the job of every government in the world to protect their own.
2017-03-28 13:50 | Report Abuse
I told you guys this Edge seem to have an agenda if they report in such a manner, knowing that their action will affect the price of Lion.These people in the Edge are not looking at information received with a balanced view. It is too obvious. Additionally, not one brokerage in town has even commented on Lion's turnaround. Are they sleeping or what? Very quick to issue sell calls when companies are reporting losses. What happened to WC's outfits? Even SSteel was commented on.
2017-03-27 15:19 | Report Abuse
In summary, it says that the Malay Contractors Association Malaysia had written to MITI on 23 Feb to protest against the safeguard duties imposed on imported concrete reinforcing bar & deformed bar-in-coil steel. The decision of MITI is expected on 10 April.
2017-03-27 14:28 | Report Abuse
The price drop today is due to a stupid article from the Edge, obviously with an agenda. In fact, no brokerage house covered this stock although it reported solid earnings in Q2. Where are all the analysts? Haven't they have an opinion. By the time you see them recommending a stock, the house would have bought first as stockist.So, there is really no free lunch in this world.
2017-01-08 18:19 | Report Abuse
Good job in highlighting the results and achievements of the investment icons. Hopefully, the overzealous and new investors will not be disillusioned to think that making money in the stock market as easy as some is preaching in i3. Have a nice day, KC.
2017-01-03 21:14 | Report Abuse
No wonder analyst like you guys always seem to under performed the market. Even worse, these sell calls damage the share price of well managed companies. And to make matters worst, they will tell you to chase share prices higher and higher when the house has taken an advantaged position.
2017-01-03 13:58 | Report Abuse
I think the results say it all. Not to mention the fact that the method expounded by KC has been time tested and proven effective by all the great investment gurus and icons. KC, I think you are a bigger man than to waste your time responding to rogue traders in the market place. For a start, they have a war-chest to ram up the share they are promoting. How many investors do? These rogue traders are pure speculators who try to play God by predicting the future of the companies they bet on. They get it right sometimes though.
Anyway KC, I think you're doing a great job in educating potential investors to start on the right footing. Have a nice day.
Stock: [JAKS]: JAKS RESOURCES BERHAD
2017-05-16 23:01 | Report Abuse
It's heaven and earth difference between China and Vietnam. The Viet Congs are dangerous. Do you think they are credible?