Who is QE II? Nothing concern us. Great Britain is no more great, but a lesser Britain. Anyhow, UK is no more a great power.

Tan Sri Glove why no more share buy back? Fundamental remains intact mah.

Fundamental remains intact? My foot!

Another round of self-enrichment scheme. TP of Jaks is now at 15 sen taking into consideration free shares alloted early , this round of LTIP, is current price, and very weak market sentiment.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3292215

Wow! Tak habis habis lagi?
At least now HYR thread is more balanced with pro and anti supporters, not like in 2018 when everyone promoted the share with no check and balance.
Ultimately winner take all, and hopefully loser not losing his under wear........

Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.
Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss. Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.
Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.
Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss. Cut loss. Cut loss.Cut loss. Cut loss.Cut loss. Cut loss.

Recall how much PPB making every year from wheat and sugar futures. Why PPB could make so much from these commodities? Simply because it was the largest downstream end user in Malaysia, and one of the major commodity trader in wheat and wheat just like Glencore.

HYR is just a small fry in oil industry. If HYR is a big player in upstream like Shell, Exxon or BP, it will make sense to hedge or lock in profit as and when appropriate. Profit recognition must take into consideration market value of crude oil inventory. Many big oil companies will factor in Replacement Cost Profit in their financial reporting. How about HYR?

Take Ah Kong's money and put in your own pocket, Directors say it is a Long Term Incentive Scheme to 'retain' those 'talent'. Taking rakyat's money and put into their own pocket, we call it 'corruption'. Corrupted politicians are charged and put behind bar one by one. What happen to those involved in Self-Enrichment Scheme under the name LTIS? The Directors are to be punished by minority shareholders, shares become toilet papers at the end.

Tan Sri SBB already things of the past. No more SBB. No more 10 ringgit. Probably good for only 10 sen based on PE.

When Directors are no more trustworthy, why still want to stick to them? Vote with your legs, no more your hands.

Directors only good at self-enrichment scheme. They demanded for free shares on top of fatty Directors' fees. That is the reason why small shareholders deserted them. Just wonder where are the sifus now. Why didn't these sifus warn the small fry before all got deep fried.

Top Glove good for 10 sen only. Buy now you go holland faster.

Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Dec 2, 2020 7:57 PM | Report Abuse

What is the difference when come to SBB Parkson vs Top Glove?
Parkson started SBB from 6.70 (01.04.2008) all the way to 0.615 (31.01.2017) for whopping rm 2.1 billion.
Top Glove started SBB from 8.00 (04.09.2020) to 6.70 (02.12.2020) with lowest price paid 6.12 (10.09.2020).
Both companies were buying back everyday non-stop, and prices still drifting downwards non-stop.
Why SBB?
Why even with non-stop SBB (created artificial demand) but sellers keep coming?
Who are the sellers?
Why supplies exceed demands?
Simple logic of supply/demand equilibrium and you need not be an economist to understand that!



Note: Parkson has since sold all treasury shares at huge loses even at low of 19 sen. https://klse.i3investor.com/servlets/stk/annshrtxn/5657.jsp

Tan Sri Glove still holding its Treasury Shares. No more SBB. No more buying by major shareholders. With earning 0.1 sen, at PE 10, TP is only good at 10 sen. This is how sifu valued TP share price when earning was at RM 1.5 per share.

Still want to trust a self-enrichment company?

Remember Linear?
Remember Dinding District Cooling Plant?
Now you will remember Since Die, to be equate with Masterskill.
Semua holland counters.

Why major shareholders selling immediately after the announcement? Very strange.

Should you work until 70? 65? 60?
How many years you wish to enjoy before your body still good enough?
Not to forget many people retired at 55 15 years ago and enjoy life at 70 today.
If you retire at 60, the most you can have able body till 70.
If you work until 70, you will hardly have any chance to enjoy life.

Do you need my help to get back your 100k capital? Ask and you will be taught!

But now all the 100k capital already down the drain.

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Jul 15, 2022 12:37 PM | Report Abuse

Look at Jaks. Look at Sendai. And look at Hiap Teik.
All these stocks were heavily promoted at the time sifu gave all the 'facts' and 'figures'. Are those so-called 'facts' and 'figures' still good? All those 'facts' and 'figures' had changed because those companies fundamentals all changed?
Can someone please explain?

Now again look at HYR. Had the fundamental of this company changed since it was first heavily promoted in 2018, then in the year of 2022? Can you tell the difference when its was promoted during that period? Was there any cut loss mechanism in play?

What has happened to your 100k capital? All gone by now?

What happen to Since Die? Anybody need to dig back those comments ever since already die?

Sorry. Now have to question 4 times instead of 3.

Too many questions to ask qqq. qqq means question, queston and question.

kcchongnz vs qqq. Close both eyes also support kcchongnz. Proven time after time.

That is the reason why Anwar cannot be the PM of Malaysia.

Post removed.Why?

Look at Jaks. Look at Sendai. And look at Hiap Teik.
All these stocks were heavily promoted at the time sifu gave all the 'facts' and 'figures'. Are those so-called 'facts' and 'figures' still good? All those 'facts' and 'figures' had changed because those companies fundamentals all changed?
Can someone please explain?

Now again look at HYR. Had the fundamental of this company changed since it was first heavily promoted in 2018, then in the year of 2022? Can you tell the difference when its was promoted during that period? Was there any cut loss mechanism in play?

Look at Jaks. Look at Sendai. And look at Hiap Teik.
All these stocks were heavily promoted at the time sifu gave all the 'facts' and 'figures'. Are those so-called 'facts' and 'figures' still good? All those 'facts' and 'figures' had changed because those companies fundamentals all changed?
Can someone please explain?

Look at Jaks. Look at Sendai. And look at Hiap Teik.
All these stocks were heavily promoted at the time sifu gave all the 'facts' and 'figures'. Are those so-called 'facts' and 'figures' still good? All those 'facts' and 'figures' had changed because those companies fundamentals all changed?
Can someone please explain?

Look at Jaks. Look at Sendai. And look at Hiap Teik.
All these stocks were heavily promoted at the time sifu gave all the 'facts' and 'figures'. Are those so-called 'facts' and 'figures' still good? All those 'facts' and 'figures' had changed because those companies fundamentals all changed?
Can someone please explain?

Country already bankrupt. Just have to watch closely how a bankrupt country return to normal life.

What is written today please find out in 3 years time if it is true.

Blog: Hengyuan's future is bleak - Koon Yew Yin

Jul 8, 2022 9:45 AM | Report Abuse

I agree with KYY this time. HYR future is really bleak. Reasons:

1. How does a refinery report its profit? You know what does it means by replacement cost? Has the crude oil price peaked?

2. How is the crack spread heading? Do you know why major oil companies had disposed their refineries few years back on negative refinery margin? Why Shell sold its Port Dickson refinery to a China company way below its NTA then?

3. Do you believe Ukraine War will end one day? What will happen to the supply of crude oil then?

4. Do you know the whole world is heading for stagflation/recession/depression in the midst of high inflation? What is the effect on the demand of crude oil? Ref to para 1 & 2 above to see the outcome.

5. Don't ever believe in a red chip stock. A red chip stock forever a red chip. Remember when it was 'making' billions during those years and declared only 10 sen dividend?

To cut story short, HYR is declared dead.

I agree with KYY this time. HYR future is really bleak. Reasons:

1. How does a refinery report its profit? You know what does it means by replacement cost? Has the crude oil price peaked?

2. How is the crack spread heading? Do you know why major oil companies had disposed their refineries few years back on negative refinery margin? Why Shell sold its Port Dickson refinery to a China company way below its NTA then?

3. Do you believe Ukraine War will end one day? What will happen to the supply of crude oil then?

4. Do you know the whole world is heading for stagflation/recession/depression in the midst of high inflation? What is the effect on the demand of crude oil? Ref to para 1 & 2 above to see the outcome.

5. Don't ever believe in a red chip stock. A red chip stock forever a red chip. Remember when it was 'making' billions during those years and declared only 10 sen dividend?

When market is good, rotten shares also can fly. Just need some big kaki keep on buying, just like Jaks when one manipulator can buy up to 32% outstanding shares.

When market is bad, especially you are now witnessing recession, stagflation, depression and hyperinflation in the horizon, good shares bad shares all going down. It looks more and more like 1997/98 scenario now. Are you still keeping some cash for eventual crash? This round market will stay low for longer period as Ukraine War prolongs, FED interest hikes, energy crisis and high inflation through out the globe......

It is the time to test sifu's competency. When market is good, everybody can be sifu with crack spread, Candle sticks, 200 days average, 500 days average. Now market is bad, whether your sifu will ask you to cut loss, cost averaging, value investing or enterprise value. I am curious to find out how these sifus going to perform in next 2 years......

Nov 25, 2020 10:27 AM | Report Abuse

12. Share Buy-backs are weakening the balance-sheets even of the most cash-rich firms.
Is Parkson really cash rich? How about 89.39m interest paid for 9 months on 2.49 billion borrowings? Since 2008, WC already used up 2.1 billion to buy back Parkson shares, otherwise he could have saved 75m on interest payment for 9 months.

13. Parkson share buy-back has become a kind of corporate cocaine that induces a temporary feeling of invincibility but masks weakness and vacuity. It has become a norm for any punter to buy by 4.30pm, then park to sell at 4.49pm. WC is going to pay these punters 'toll' to push up closing price everyday. He cannot stabilize Parkson share price with such tactic, but just draining the valuable cash.
Worst still it become clear for WC to commit suicide by drinking sea water in the ocean to quench thirst (飲鳩止渴).
Sooner or later Parkson is going to bleed to death.

14. Please don't tell me WC cannot understand the logical reasoning above. To me, he is paying peanuts to get monkeys to run his business empire -- from the very top to the sales personnel.
Don't believe, just go to any Parkson outlet to see what are the sales girls doing......



NOTE:
WC SBB amounts to about rm 2.1 billion, starting from around rm 6.70 to about rm 1.60. Now all the cash gone.

Top Glove start buy back its own share at around rm 8.00
Will the company spend spend rm 2 billion to prop up its share price?
Paid up capital in terms of number of shares outstanding is much bigger than Parkson. Can amount (say rm 2 billion) enough to stop its price to drift lower and lower each day?

How much Tan Sri Glove has bought back with SBB?
And the share price still falling?
https://klse.i3investor.com/servlets/stk/annshrtxn/7113.jsp

Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Dec 2, 2020 7:57 PM | Report Abuse

What is the difference when come to SBB Parkson vs Top Glove?
Parkson started SBB from 6.70 (01.04.2008) all the way to 0.615 (31.01.2017) for whopping rm 2.1 billion.
Top Glove started SBB from 8.00 (04.09.2020) to 6.70 (02.12.2020) with lowest price paid 6.12 (10.09.2020).
Both companies were buying back everyday non-stop, and prices still drifting downwards non-stop.
Why SBB?
Why even with non-stop SBB (created artificial demand) but sellers keep coming?
Who are the sellers?
Why supplies exceed demands?
Simple logic of supply/demand equilibrium and you need not be an economist to understand that!



Note: Parkson has since sold all treasury shares at huge loses even at low of 19 sen. https://klse.i3investor.com/servlets/stk/annshrtxn/5657.jsp

Don't buy until volume hit 20 million

Both countries are testing Russian tolerance, and at the same time to see if Biden will walk his talk. Unlikely US is going to war with Russia. Any sign of US /NATO involvement will trigger nuclear war.

You believe in those sifu you sure die!

Very soon will see you in twenties

Mana Jaks punya sifu? Mana Vietnam punya power plant?

Directors love self-enrichment scheme. Let them be rich and you remain poor.

Hong Kong has been declining since 2019. Too much harm already done to its economy by the black cockroaches. It will take another 10 years before reaching previous glory.

President Xi must take note which are the countries threatening China in the summit. After the Ukraine War, China can 'visit' each and every adversary and sanction them accordingly.

Did China do anything in Ukraine War? Who instigated Ukraine? Who provoke Russia?
Not to forget China and Russia are friends. Trading with Russia constitute normal ties. EU supplied arms to Ukraine, what do you have to say?

Just tell me what EU can do with China? Kick Central Bank of China out of SWIFT? In that case, every trade done with China will have to be paid in RMB.

What is the need of further trade talk? As it is now, if Walmart want to buy anything from China, just go ahead. Otherwise it can always buy from Mexico. Likewise, if China wants to buy anything from US, if price and terms are right, China is more willing to buy. If any other country offers a better deal, just say bye-bye to the US sellers.