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

Will govt ban its glove from exporting?
Will Donald Duck institute penalty on Top Glove for exporting contaminated glove supposed to be used by medical staff as PPE?

君子爱财，取之有道，该当你老子的，自然当仁不让。不要不义之财。

君子爱财 取之有道，不要不义之财。

Better to make Top Glove bankrupt instead of Malaysia goes bankrupt.
One Tan Sri to die for the nation is better than whole country to die for one Tan Sri.
We still have many Tan Sri survive, even this Tan Sri go to hell!

Gloves made by Top Glove very likely to be contaminated with coronavirus.
Malaysian govt should ban export of Top Glove products to other country, so as to save country billions dollar litigation later on.

Top Glove owes all Malaysians an apology.
Because of Top Glove, Klang people suffer days and nights.
We demand Top Glove pays compensation for the sufferings due to tidak apa attitude. Every Klang resident should be paid rm 5000, just like BP in Gulf incident.
It is better Top Glove to close down all its factories in Klang and go bankrupt. Don't let Klang resident die unnecessarily just to save greedy Tan Sri's appetite for money. This Tan Sri won't feel shy to make his bloody money out of life of Klang people.
Until now, bloody Tan Sri never come out to offer any apology and say something. Shame on you, bloody Tan Sri!!!!!!!!!!!

What happen post pandemic?
Now China and Thailand are going in big in glove production.
Many Malaysian companies also jump into glove manufacturing.
Very low hurdle for newcomers.

Find out why Batu Kawan want to buy into CCM.
It already has glove manufacturing factories long time ago.
By injecting into CCM, it will be another competitor in glove market worldwide......

Stock: [PARKSON]: PARKSON HOLDINGS BHD

Jun 22, 2016 4:18 PM | Report Abuse

2016年5月03日, 鍾廷森接受《The Edge財經日報》專訪時，不否認公司股價受打壓
为什么受打壓? 他不敢解释

1. Parkson lost 36m Q3.
Net lost attributed to share holder 25.5m
Maju Junction 3 month loss 5m, 6 months loss 11m.
So total losses from Maju Junction (only 9 months) is estimated to be 15m for FYE2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

2. Lion Industries lost 130m Quarter ending 31 Mac 2016.
Lost attributed to share holders stood at 115m.
Lost per share 16.5 sen.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

3. LionForest Industries lost 54m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

4. Lion Diversified lost 34m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

5. Lion Corp lost 91m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

6. With all meow-meow losing money, and not able to pay dividend, how WC going to pay interest on margin finance of his pledged securities to tune of 20m to 50m a year?

7. Also take note Parkson derives its valuation from these two operating units. They are selling dirt 'cheap' now, and should be going down some more.
PRGL at HK$0.69 - record low, will break its own record again.
PRA at S$0.1580 - near record low, can make record any time.
Sum of Parts (SOP) is at 69 sen.
With 30% discount attached to holding company (as safety margin), safe to buy at not more than 50 sen.

8. WC has been selling Parkson share at around 91 sen.
WC sold 10.35M Parkson shares on 12.04.2016, 2.06M on 14.04.2016, and 2.18M on 20.04.2016 and 5.3m on 26.04.2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcem...
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
http://klse.i3investor.com/servlets/stk/annchdr/5657.jsp

9. Meaning that either he think the share already overvalued, or he has to get some money to pay interest, or the pledged shares were forced sold, or he invite all meow-meow share-holders to go holland together with him.

10. All Lion meow-meow face potential forced selling by the creditors.
This include Parkson shares.

11. Parkson rests on yesteryears business model. No hope for any turn around at least in next 3 years.

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?

https://www.economist.com/business/2014/09/12/the-repurchase-revolution

Top Glove is falling into the same trap as Parkson few years back.
Who benefited from the share buyback?
Why share buyback right now?
The volume buyback and the amount pay could be better used to acquire more industrial land to expand its operation, more beneficial in long run.
EPF selling, why selling? When will EPF stop selling?

Stock: [PARKSON]: PARKSON HOLDINGS BHD

Jul 6, 2017 2:53 PM | Report Abuse

Parkson is a good case study.
It is drifting downwards without any support level, everyday low just like Tesco slogan.

You know characteristics of drifting counter?
Unless sudden sharp fall with a surge in volume (associated with forced selling), or WC step down, or WC decide to sell all PRGL assets, or PRA sold to third party, or engaging external management consultant like Mc Kinsey to have organization restructuring, share price will drift downwards everyday.

Why not WC using internal management team to conduct organization restructuring?
Reasons:
1. Interference from WC.
2. Internal management teams are paid peanuts, so all are monkeys. Monkeys can only run monkey business.
3. Management consultants will be made accessible to all business entities within the group. What asset to dispose off, what asset to merge, how to cut operating cost, how to improve cash flow via fresh capital infusion, which dead wood to be removed, how to enforce and strengthen company policy statements, how to make CEO responsible and accountable, how to down size and optimization.
4. Management consultants will just make recommendations.
They will have lesser consideration on one off losses, but more on turn around.
Implementation all depends on will and wisdom of WC.
5. WC should place more trust on external expert recommendation, rather than seeking advice from his internal management team (all monkeys because paid with peanuts). Monkeys cannot give creative and innovative business direction. They just follow typical business model from book.

Stock: [PARKSON]: PARKSON HOLDINGS BHD

Apr 22, 2016 4:24 PM | Report Abuse

Parkson didn’t do anything wrong, but somehow, it lost.

Sales on Singles day (11.11) by Alibaba (USD 14.3 billion or RM 60 billion) is equivalent to 5.04 times PHB Gross Sales Proceeds (RM 11.9 billion) for the whole financial year of 2015.

WC need not do anything wrong, by not doing anything right, he is bringing Parkson to holland just like Nokia.

PRA is now at S$0.156. It simply reflects how Singaporean think of the future for traditional departmental stores like Parkson.

I wish to reiterate, Parkson share valuation is only worth 75 sen, taking into consideration of PRA and PRGL current share price.
With 30% discount for holding company, plus yesteryear business model, plus risk of forced selling by Affin Hwang (Penang) on WC pledged securities, safe bet on Parkson is 50 sen.

It is now up to you to rebut my opinion as stated above. I am more willing to accept reasonable argument rather than statement like WC can buy back more share cheap-cheap at 50 sen. I am still skeptical about the wisdom of share buy back at 4.50pm each day. To me, it amounts to manipulation of closing price to avoid further margin calls. Any form of manipulation of share price is a criminal offence regardless its motive. Repco Lau went to jail for 5 years on similar offence............

Stock: [PARKSON]: PARKSON HOLDINGS BHD

Jun 22, 2016 4:18 PM | Report Abuse

2016年5月03日, 鍾廷森接受《The Edge財經日報》專訪時，不否認公司股價受打壓
为什么受打壓? 他不敢解释

1. Parkson lost 36m Q3.
Net lost attributed to share holder 25.5m
Maju Junction 3 month loss 5m, 6 months loss 11m.
So total losses from Maju Junction (only 9 months) is estimated to be 15m for FYE2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

2. Lion Industries lost 130m Quarter ending 31 Mac 2016.
Lost attributed to share holders stood at 115m.
Lost per share 16.5 sen.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

3. LionForest Industries lost 54m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

4. Lion Diversified lost 34m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

5. Lion Corp lost 91m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

6. With all meow-meow losing money, and not able to pay dividend, how WC going to pay interest on margin finance of his pledged securities to tune of 20m to 50m a year?

7. Also take note Parkson derives its valuation from these two operating units. They are selling dirt 'cheap' now, and should be going down some more.
PRGL at HK$0.69 - record low, will break its own record again.
PRA at S$0.1580 - near record low, can make record any time.
Sum of Parts (SOP) is at 69 sen.
With 30% discount attached to holding company (as safety margin), safe to buy at not more than 50 sen.

8. WC has been selling Parkson share at around 91 sen.
WC sold 10.35M Parkson shares on 12.04.2016, 2.06M on 14.04.2016, and 2.18M on 20.04.2016 and 5.3m on 26.04.2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcem...
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
http://klse.i3investor.com/servlets/stk/annchdr/5657.jsp

9. Meaning that either he think the share already overvalued, or he has to get some money to pay interest, or the pledged shares were forced sold, or he invite all meow-meow share-holders to go holland together with him.

10. All Lion meow-meow face potential forced selling by the creditors.
This include Parkson shares.

11. Parkson rests on yesteryears business model. No hope for any turn around at least in next 3 years.

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......

Memang Parkson patut mati.
Parkson is now a PN17 counter.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_

Spot test with Antigen Card?
Why not PCR confirmatory test?
Was the Duck test conducted with Antigen Card when he declared he was tested positive?
Why US 'specialist' doesn't know spot test is just a screening rapid test with certain degree to give false positive or false negative.
PCR is a full laboratory confirmation test.
This Duck gave preliminary test results with malice to suit its objective.

UEMS CEO resigned with immediate effect.
He was not consulted when UEM Group made offer to buy up Eco World via exchange of UEMS shares.
How come when you have appointed someone as CEO, and you still want to act as 太上皇帝 to side step present 皇帝?

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Oct 25, 2019 12:23 PM | Report Abuse

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

LKS is correct when he bought from his son at 45 sen.
He can treat 1.9 sen profit as bank interest capitalised as holding cost.

Salient points to the proposed merger:
1. Ecoworld worth 46.9 sen
2. UEMS worth 44.3 sen
3. LKS still makes 1.9 sen as he bought from his son at 45 sen.
4. LKS is a stupid idiot if he sells his shares to UEMS. Why?
5. UEM Group is not involved in this exercise except it is a controlling share holders of UEMS. It should not send the letters to both UEMS and Eco World BoD. This amounts to taking away power (and perhaps legal obligation) of UEMS Board.
6. In essence, it is UEMS buying up Eco World in 100% share swap, no alternative for cash consideration for minority share holders.
7. If UEMS acquired more than 33% of Eco World, MO is triggered, UEMS must offer cash alternative. UEM Group has nothing to do with the acquisition.
8. Don't make thing so complicated. It is merely a proposal to acquired Eco World.
9. Take note most (if not all) shares held by controlling share holders of Eco world are pledged for financing. Will the creditors accept UEMS as collateral for LKS and his machai? If not, will the creditors sanction the exchange of Eco World shares with UEMS?

Later you can buy even lower at 30 sen

明天的0.35要来了
准备好哦大家

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Nov 29, 2019 11:00 PM | Report Abuse

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more houses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with opposite opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Oct 25, 2019 12:23 PM | Report Abuse

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

@apalumau -- Your Ah Gu now selling shit.
So pity all his money already gone with LKS................

Scroll up to see how Ah Gu was then eating shit non stop.
Such a low life creature!!!!!!

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Nov 29, 2019 11:00 PM | Report Abuse

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more houses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with opposite opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.





Suddenly This Ah Gu became a sifu.
He is telling the world whosoever buy Eco World is like eating shit.
Meaning that he was then eating shit day in day out last year........

@yeochingu - 上个礼拜全部傻仔以为ecowld会带他们飞高高，结果被庄家喂米田共

I don't know why idiot now asking people to eat shit when he has being eating that since last year.

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Oct 25, 2019 12:23 PM | Report Abuse

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

Human Rights?
You are telling me US still talk about human rights?
What locus standi US govt has? US already left UN Human Rights Council in June 2018.
US wants to buy cheap and good stuff, on the other hand deny producing country paying low wages. Labour cost in Malaysia is no more cheap, otherwise no Bangla wouldn't come to work here.
Go and find out what is the living condition in Bangladesh? Isn't accommodation provided by TopGlove much better than in their home country?
Channel 4 of UK is the main culprit that make up all these messes. Simply interview one or two bangla workers, and the stupid former MTUC (an Indian) already made allegation that Malaysia produce cheap and good quality PPE with forced labour.
What a shame to the Briton and Americans trying to make money (in billion USD fine) out of a developing country like Malaysia......

Want to have zero case?
Stop testing for Covid-19.
No Covid-19 if not detected.
No test surely no detection.
Just classify all death as normal flu, as what Donald Duck did prior to Jan 2020.

If you choose to reside in western country, you should not blame others to treat you like dirt.

Why just make accusation and comment on other countries except US?
How many millions tons medical waste generated?
How many tons were shipped out to other countries?
US just a hypocrite. Always pointing finger at others except itself.

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Nov 29, 2019 11:00 PM | Report Abuse

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more houses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with opposite opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

I have no time for Ah Gu!
When did I ever mention this fella with his user ID?
First time ever I use this pseudo name Ah Gu instead of yeochingu.
See the difference?
I address to general public instead of directing to a particular character.............

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Oct 25, 2019 12:23 PM | Report Abuse

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld.Why go for lemon when you can find orange for the same price?
10/06/2020 3:02 PM

Yes. They should form a new political party to find out in next election people will support political frogs or not.

Sslee:
What have you learnt?
Ability to read and digest annual report is nothing compared with trustworthiness of certain characters when they are in control.
You know creative accounting?
You know layering in money laundry?
You know day light robbery in corporate world?
You know cheating with both eyes open?

Find out who are those characters you can never trust and avoid their counters at all cost.

Donald Duck issued warning:
You can either stay on my side, and be my friend.
OR you stay with china, and be my foe.

Australia is damn stupid.
It prefers to pay to Donald Duck, even though US is not buying anything from it.
It prefers to be a pawn in US global chess game, providing its naval base and air force base to Uncle Sam, and also to send its meagre 'battleship' participated in so called freedom of navigation.

Morrison doesn't know China bought most of Australian export?
Why he still choose to bite the hands that feed the Australian?
The White Supremacy in play?
Australia will soon following its old master UK sailing to holland in next decade....

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Oct 25, 2019 12:23 PM | Report Abuse

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld.Why go for lemon when you can find orange for the same price?

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Nov 29, 2019 11:00 PM | Report Abuse

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more jouses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with adverse opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

I have no time for Ah Gu!
When did I ever mention this fella with his user ID?
First time ever I use this pseudo name Ah Gu instead of yeochingu.
See the difference?
I address to general public instead of directing to a particular character.............

So stupid to suggest pegging ringgit to USD!
Use a bit of your cow sense.
RM was under attacked in 1997/98 crisis.
USD is under self-destruction under Donald Duck.
Sooner or later, USD will lose world dominance and will lao sai.
1 Kg gold worth 1 million USD.
Still think US is going to be great as before?

LAD keep on accumulating

From Pacific Star Lowyat chat group

May 4 2020, 09:34 AM

No VP yet.
Developer never inform when.
Still not sure if STAR is moving in.

Block C is still not yet complete, the crane is still on top.

Apr 30 2016, 04:14 PM
Show posts by this member only | Post #115

On my way
****
Senior Member
502 posts

Joined: Oct 2012



Im pretty sure that even by 31/12/16 we cant get the key. Or else we must inspect the unit extremely careful to make sure the quality is stil there. According to the snp is it by 2016 Q4 too? I bought late.
The Pacific 63 which suppose to hv key by 2015 June but.. u guys can see the progress now. Anyway is has just reached "my highest 18th floor. And we putih-putih kena about extra 50% of gst 6%.. shakehead.gif Because by April 2015, only released about 50% loan, any cent released afterward all kena... ranting.gif

IOIP is now offering discount and rebate up to 30%.
You can wait until discount and rebate hit 40%, will translate into share price be good at 70 sen.

So China is now putting up Unreliable Entity List.
Any company want to sell to China must have no US components.
Surely Boeing and Apple are out.
Surely GM and Ford Cars are out.
Surely soya beans and cotton are out.
Surely everything made by US company worldwide will be out of Chinese market.

If this world can make up of three independent sphere of influence, it would be a safer world to live in.

US and 5 eyes as one group.
China-Russia as another group.
EU as third group.

US$ as predominant currency within its group.
RMB as common trading currency for China-Russia group.
Euro as common trading currency for EU group.

Any country can choose which group it want to be in.
Coming to trading, use appropriate currency when dealing with different group.
In that case, US cannot dictate its term on other country as sole superpower if US$ has lost its predominance.........

Huawei design the chips, and pass over to chip manufacturers like TSMC as OEM.
TSMC bought certain components from US company to setup its factory.
Simply because some components are from US company, TMSC cannot produce chips for Huawei.
With similar logic, no parts are not manufactured in China.
US company buy a screw made in China, so it cannot sell its oil to China because oil rig use one screw produced by China.
How to sell US car to China if steel is produced by China?

Simply put it this way, Donald Duck wants US and China to be mutually exclusive.
Either you deal with China, or you deal with US.
Either you buy from China, or you buy from US.
Either you sell to China, or you sell to US.

Check to find out which is your major trading partners, US or China?
Check and see which country is indispensable to your economy before you take side.

What the hell all these nonsense?
Power to press for any criminal charges or discontinue any charges lies in the hand of AG, meaning present AG and not former AG.
If present AG want to withdraw any criminal proceeding, he should be able to account for it and brave to take responsibility.
Former AG agreed in 'principle'? Written anywhere? Even if so, that does not amount to former AG directed the charge to be withdrawn! Who gave the order? It must come from the person holding office of AG at the material time.

US should allow Governor of New York State to be a participant in WHA next time.
New York is a state in US, likewise Taiwan is a province in China.
Don't practice double standard. Pompeo surely is greatest hypocrite of all time.....