As expected, if you put up something bad about Jaks, surely the promoters will go after you.

Mind to check when was my posting?
Check lah stamping date and time!

What have you learnt?
Counters with certain characters as major shareholders/ Directors by all means should avoid.
They have proven records of self-enrichment, not trustworthy, no integrity, and some to the extend of cheating with both eyes wide open!

Do your home work.
List down who are those in BOD that may delay your retirement planning.
Find out which one is grossly over promoted right now.
They will all exhibit herd behavior tomorrow under coronavirus tsunami.

Blog: Retirement plan ... in progress

Sep 18, 2016 12:09 PM | Report Abuse

https://www.youtube.com/watch?v=JccSH9-VnLY
https://www.youtube.com/watch?v=CChQbpNcC64
https://www.youtube.com/watch?v=on8r-YCM3Fg

Why still want to make more money than necessary?
Treat market as pass time.
Get some thrill, not sleepless night whenever DJ down by 300 points.
買股是為了增加生活情趣, 不是終日提心吊胆

君子爱财
取之有道

https://www.google.com/search?q=average+household+consume+electricity&...-8

don't use California as average la.

Blog: Jaks Resources - My opinion

Feb 11, 2019 8:18 PM | Report Abuse

"A 1,200MW power plant can power up 1.2m homes satisfying the need of 6m people which is almost the population of Selangor state. At RM300 per household, it is a RM4.32billion per annum business!"

Not business sense, but cow sense!
You think Vietnamese can afford RM 300 electricity bill per month?
What is the average electricity bill per each household in Malaysia?

Figures are plucked from the sky.
Pakai tembak only............

PLUS Toll suppose to expire by 2018, now go straight to 2058.

I won't live to see if it is going to extend further, but seems it would.

No govt of the day willing to let go anything that drop from the sky, without paying a single sen extra.

https://www.nst.com.my/news/nation/2020/01/557606/20-18-toll-discount-penang-bridge-plus-will-clarify-says-lim

In order to make Khazanah appear to be viable business entity, PLUS toll collection extended infinitely.

Based on cost of investment and internal rate return, the profitability of ytlp is alike having more than 2.5 x profitability compared to jaks power plant in Vietnam.


hng33, you are brave !
you are so brave to tell the world facts and figures as above.

Hopefully the promoters will not ask you to go to YTLP thread.
This thread is only for those who wish to promote Jaks, and not competitors........

They scare Jaks fans will switch over to YTLP.
You will then be the sinner..........

Jaks is good, TP 5 ringgit in 5 years time.
TP is 10 ringgit in 10 years.
TP is 15 ringgit in 15 years.
And TP is 100 ringgit in 100 years time.

Cheers.............

Who ever talk bad about Jaks is going to face karma, as according to some promoters here.........

Haha....
hng33 is very brave to suggest buy YTLP instead of Jaks as an alternative.

He is no more friendly party, he is a foe now.
If he dare to go against the promoters, surely he will be banished from i3........

Stock: [LONBISC]: LONDON BISCUITS BHD

Jan 14, 2020 2:59 PM | Report Abuse

Posted by ks55 > Jul 8, 2019 7:56 PM | Report Abuse X

Rule of Thumb, PN17 good for 2 sen or so.
Even though tomorrow can be 10 sen, towards the end it will be 0.5 sen before delisted........

Posted by ks55 > Jul 8, 2019 7:56 PM | Report Abuse X

Rule of Thumb, PN17 good for 2 sen or so.
Even though tomorrow can be 10 sen, towards the end it will be 0.5 sen before delisted........

OTB I do not wish to wash all dirty things here.
I had indirectly indicated to you, do not simply spread faked news here.
I had my high respect on you, hence I do not want to challenge you.
Every time when the share price of Jaks drops, you come out and continue to spread faked news again in order to win this argument.

=======================================================

Another lie by OTB!
When was my first comment in Jaks?
31 Dec 2019, right?
That was the time Jaks was on its uptrend!
That was the time promoters were out in full force, putting up articles after articles, promoting day and night non-stop.
That was the time you suggest to buy even at 1.28, can't you remember?


When market down, I suggested Cut Loss Strategy as what you used to preach.
How come you choose to ignore?

What lah Win Big, Lose Small.
All nonsense!

I don't even know you, how come I earned your respect?
I am not KYY. I don't deal with OTB.
I don't know who is OTB.
How come you know me?
More so when you say you 'respect' me?
So, this is just another lie.

How to respect a liar like you, OTB?

ks55 Stock: [JAKS]: JAKS RESOURCES BHD

Jan 2, 2020 10:22 AM | Report Abuse

I love what kcchongnz preaches:
1. Margin of safety
2. FCF
3. Profit margin

and from myself:
1. Credibility and trustworthiness of Directors/ Major shareholders
2. Financial Strength of major shareholders

I need not explain what is Margin of Safety for Jaks. You analyse and come to a conclusion yourself.

As for FCF. Jaks generates any cash flow from its operating units? How does Jaks provide cash flow from its daily operation including millions paid to its directors every year? kcchong is definitely very good by one look at Jaks account and he will walk away.

Profit margin on its main revenue sources? What s the GROSS profit out of total Revenue? Again kcchongnz has quoted too many times why he will walk away from Sin Die (of course on receivables too).

Credibility and trustworthiness of Principal Officers managing Jaks, are you not paying any attention to how they were given millions share options (ESOS), then tens of millions of FREE shares, in addition to millions in Directors' fees? If he help Jaks to make hundreds of million profit every year like Genting, fair enough he should be rewarded accordingly. BUT when Evolve Mall is dead, Pacific Star not able to deliver VP, compensation paid to the Star, and Vietnam project yet to bring in single sen profit, he already think he deserves all the share given to him for free. Why is he so thick skin to demand all those free shares when company under his management still suffer losses due to his incompetency?

How strong is major share holders in terms of financial strength?
Read list of major share holder and you will know they are as strong as WC of the meow-meow group. That could be the reason why they are so hard up to demand for free shares at the expense of minority share holders.
If at all, Vietnam power project really making big money later on, won't be surprised they will find ways and means to enrich themselves further, before they will pass any left over to you......



==================================

This posting offended you? Fake again?

Stock: [JAKS]: JAKS RESOURCES BHD

Jan 2, 2020 10:22 AM | Report Abuse

I love what kcchongnz preaches:
1. Margin of safety
2. FCF
3. Profit margin

and from myself:
1. Credibility and trustworthiness of Directors/ Major shareholders
2. Financial Strength of major shareholders

I need not explain what is Margin of Safety for Jaks. You analyse and come to a conclusion yourself.

As for FCF. Jaks generates any cash flow from its operating units? How does Jaks provide cash flow from its daily operation including millions paid to its directors every year? kcchong is definitely very good by one look at Jaks account and he will walk away.

Profit margin on its main revenue sources? What s the GROSS profit out of total Revenue? Again kcchongnz has quoted too many times why he will walk away from Sin Die (of course on receivables too).

Credibility and trustworthiness of Principal Officers managing Jaks, are you not paying any attention to how they were given millions share options (ESOS), then tens of millions of FREE shares, in addition to millions in Directors' fees? If he help Jaks to make hundreds of million profit every year like Genting, fair enough he should be rewarded accordingly. BUT when Evolve Mall is dead, Pacific Star not able to deliver VP, compensation paid to the Star, and Vietnam project yet to bring in single sen profit, he already think he deserves all the share given to him for free. Why is he so thick skin to demand all those free shares when company under his management still suffer losses due to his incompetency?

How strong is major share holders in terms of financial strength?
Read list of major share holder and you will know they are as strong as WC of the meow-meow group. That could be the reason why they are so hard up to demand for free shares at the expense of minority share holders.
If at all, Vietnam power project really making big money later on, won't be surprised they will find ways and means to enrich themselves further, before they will pass any left over to you......



==================================

This posting offended you? Fake again?

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 31, 2019 3:51 PM | Report Abuse

For Pensioners like you and me:
No harm taking small portion of your cash to polish up your trading skill at the same time making some pocket money. I always believe 買股是為了增加生活情趣, 小賭怡情, 大賭傷身

===========================================

I made qualification here. Anything offended you?

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 31, 2019 3:05 PM | Report Abuse

Posted by ks55 > Dec 31, 2017 9:29 PM | Report Abuse X

Why am I here?

I hate to see idiots promoting Hengyuan day and night non-stop.

Already gone overboard.

Just syiok-syiok sendiri.

Always think of the positive side.

Never want to pay attention to the negative aspects.

Try to lure ignorant newbies without giving due caution to the potential risk.

Promoters are not promoting a decent stock with decent price with good faith.........ALL IN ALL, THEY ARE HERE TO CON YOU..................

_____________________________________________________

The above posting was on 31 Dec 2017, when promoters like musang, KYY, and many more promoting Heng Yuan day and night non stop.

What lah crack spread, what lah profit 10 ringgit per share, what lah TP 50 ringgit, and all those sifu already took flight and left behind newbies licking their wounds, including highly educated personality like sslee.

Don't blame others if you think Jaks is good buy at 1.28
Think how much is Jaks upward potential
Think if there is another KYY to buy up 32% of Jaks share, and what is the potential of Jaks hit 1.80 again, and what is the profit in terms of percentage.
Not to forget the risk of losing your capital.

I am not here to discourage you to buy Jaks, but to remind you there are so many alternatives, if you are holding the principle for Rule 1, not losing money. AND Rule 2 to follow Rule 1.



===========================================

My subsequent posting. Anything fake?

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 31, 2019 11:10 AM | Report Abuse

Everybody must follow KYY.
He exits Jaks year ago.
He knows power business inside out.
First he bought into Mudajaya because of India power project.
He lost a fortune there.
Then he bought into Jaks because of power also.
Again he lost another fortune.

Believe he must have swear no more power play.
Enough is enough regardless what other promoters have to say.

Do you think you are smarter than the superinvestor like KYY?
Do you think KYY can't smell anything when you are able to smell?
Jaks won't go back to 1.80 without driver like KYY.
Who else can buy up to 32% of Jaks if not KYY?
Even with 32% stake, he was not able to drive Jaks higher.

Now Evolve mall is dead.
Now Jaks pays 50m plus interest.
Now Jaks is facing LAD from residential unit buyers with VP not in sight (could be abandon?)
Now profit from Vietnam power project is nothing but only on paper.

Now you tell me is it worth the risk to put your money in Jaks.
Not to forget Andy Ang and other Directors got tens of million of FREE Jaks shares on top of their million dollar Directors' fees every year.




My third posting. Anything fake?

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 31, 2019 10:47 AM | Report Abuse

https://www.theedgemarkets.com/article/parkson-shut-mytown-store

Parkson is closing down its stall in Mytown.

Do you think Evolve mall can survive?

Just google Evolve Mall Lowyat Forum to find out answer yourself.........



My second posting, anything fake?

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 31, 2019 9:16 AM | Report Abuse

Jaks has to pay 50m plus interest up to the day it pays up.
Simply abuse Malaysian legal system, and to incur unnecessary interest.

Next is to see how much LAD claimed by its residential unit buyers.
Don't be like Magna Prima paying 50k per unit, instead of 100k.
You should know Magna Prima's reputation already down the drain as far as property development is concerned.
Likewise, no more Jaks peroperty can sell now.
Evolve Mall has less than 20% occupancy ?
Find out yourself..............how good is Jaks, if not because of hype on Vietnam power project.
Again, you must be reminded when KYY first promote Mudajaya, based on power project in India.

What is the moral story?
DON'T COUNT CHICKEN BEFORE THEY HATCHED.



My first posting, anything fake?

All I have to say DONT TRUST SIFU WITH NO INTEGRITY
For he will milk on you..............

What fake news?
What you wrote are all gospel truth?

You are creating so much false hope with intention to cheat!
Not a balanced write up to promote a decent stock with decent price.

How come if selling at 1.25, you are still laughing all the way to bank?
Meaning that you are have ill intention to lure newbies to chase high so you can make more profit, right?

Very unethical to fool and cheat newbies for their hard earned money.
Can you sleep soundly if any of the newbies commit suicide just because he cannot stand losses?
Not to forget you are preaching margin finance or OPM...........

OTB I do not wish to wash all dirty things here.
I had indirectly indicated to you, do not simply spread faked news here.
I had my high respect on you, hence I do not want to challenge you.
Every time when the share price of Jaks drops, you come out and continue to spread faked news again in order to win this argument.

=======================================================

Another lie by OTB!
When was my first comment in Jaks?
31 Dec 2019, right?
That was the time Jaks was on its uptrend!
That was the time promoters were out in full force, putting up articles after articles, promoting day and night non-stop.
That was the time you suggest to buy even at 1.28, can't you remember?


When market down, I suggested Cut Loss Strategy as what you used to preach.
How come you choose to ignore?

What lah Win Big, Lose Small.
All nonsense!

I don't even know you, how come I earned your respect?
I am not KYY. I don't deal with OTB.
I don't know who is OTB.
How come you know me?
More so when you say you 'respect' me?
So, this is just another lie.

How to respect a liar like you, OTB?

When somebody start using vulgar words, he think only he himself only know how to use?

Don't force me to use vulgar words on you!

I don't really enjoy at war with some one in i3, all are virtual foes.
I never want to address my comment to a particular person, unlike you.
Scroll up to see how my comment prior to this afternoon?

Only someone keep on telling I am lying repeatedly, and further more when he try to bring my children into this affray, I tak boleh TAHAN.

If you are a gentleman as you claim, just write your family.
What is that to talk about karma here karma there.
Do you really believe in karma?
Then you should be the first to go to hell, when you drag my children in this argument.

I don't respect people like you either.
Bearing in mind, my children definitely doing better than your children, and I need to show proof.

Merely sending both of them to UK surely beat you flat.

Surely their income, together with incomes form their spouses with beat your children and their spouse (if married) flat.

Still want to compare your children and my children?

Next generation perhaps.............

How can a man not telling the whole truth to call himself Gentleman?
Merely every sentence end with Thank You?

Do your parts, sell your buy call to your subscribers.
If you post any thing here will attract people with different opinion.

Then you will start calling them liars, telling lies, spread fake news, demand prove, demand facts, demand figures.

Remember, we don't receive payment like you do.
Best to keep your buy call among your camp.
Need not share your 'highly valuable' research in i3.

As simple as declaring dividend, even if Directors from Andy side bulldoze through, and Chinaman does not agree, do you think you can get any dividend?
Go to AGM, and Chinaman just simply vote NO. What can Andy do?
If every now and then, Chinaman wanted to call for right issue, but retaining the profit (as reasons provided by Red Chips not declaring any dividend), what can Andy do?

How come sifu doesn't know how Malaysian business played out MITI shares holder?
Same tactic deployed will kill Jaks, unless Andy can follow their game.

When somebody has vested interest, what he wrote will all bias.
I need not explain that.
I just need to say he does not paint picture in entirety.
Some truth, but not all truth.

Suppression of truth (even in parts) id fatal to any prosecution case.
No telling the truth, the whole truth, and nothing but truth make any effort down the drain.
Integrity is questionable..........

Go to read what is the meaning of facts.
You tell facts and figures?

Facts is Jaks is losing money.
Facts are all those already verified.

What facts and figure?
All speculation and feel good (syiok-syiok sendiri)..

Used to bee sifu, turn out to be a promoter.
He cannot drive Jaks price to move upwards.
He has no financial muscle to do that.

If you nneed people to respect you, you must in first place give due repect to people not from your camp.

Keep on telling people making fake new with fact (?), you have facts to substantial your claim?

Go back to school to find out meaning of FACT.........

I don't respect so call sifu any more.
He is here to cheat you!

When somebody has vested interest, what he wrote will all bias.
I need not explain that.
I just need to say he does not paint picture in entirety.
Some truth, but not all truth.

I am not scare to go war with so-called sifu.
Done that before.
Not to forget I am not a self-proclaimed sifu.

Why so many sifus want to tell lies when they come to promote their favourite stock?
Really sickening to say others telling lies but not themselves!

What lah target profit 5 nringgit, 10 ringgit per share, later turn out losing money like no people's business.

Told keep on telling lies to entice newbies!
I really lost respect to so-called sifu asking people to support his share when he has already bought them cheap.

Don't you feel shameful?
Keep on telling people gave fake facts, whereas what he wrote is gospel truth.

If I were him, I feel no place to hide my face too.

Enough is enough.
You put up your buy call, nothing wrong with me.
To keep on telling people sabotage your buy call is unbecoming.

You make your, I write what I think.

You don't owe me favour, neither do I owe you anything!

留得青山在，不愁没柴烧 比喻只要基础或根本还存在，暂时遭受损失或挫折无伤大体。

Safe to protect your capital as first priority if you already retired, or near to retiring.

For every 10% lost, you need to have 11% upside to recoup your capital.
For every 20% lost, you need to have 25% upside to recoup your capital.
For every 30% lost, you need to have 43% upside to recoup your capital.
For every 40% lost, you need to have 67% upside to recoup your capital.

In other words, if I buy at 10% lower than you, I will make 11% when selling at your break price.
In other words, if I buy at 20% lower than you, I will make 25% when selling at your break price.
In other words, if I buy at 30% lower than you, I will make 43% when selling at your break price.
In other words, if I buy at 40% lower than you, I will make 67% when selling at your break price.

Not true if you lost 50% of your capital, you will recover your capital if you buy subsequent at 50% cheaper and share price move up by 50%.

Stock: [JAKS]: JAKS RESOURCES BHD

Jan 3, 2020 2:45 PM | Report Abuse

Get ready with your cut loss strategy.
Some sifu may want to use local maxima as reference, i.e. 8% off 1.32, that is cut loss at 1.21
Some sifu may want to use purchase price, i.e. 8% off 1.28, so cut loss at 1.18

Some sifu may want to hold until Q1 result, then Q2 result, then after FY result.
Cut loss strategy is applicable when needed to suit one's requirement.

If they really have the confidence, need not cut loss.
Never heard of dollar-cost averaging?
When price fall further, it gives you opportunity to buy more

=======================================================

I believe nothing wrong on my above suggestion.
Please don't attack me.
I done it in good faith.

古时候，有个烧木炭的老汉有两个儿子，大的叫青山，小的叫红山，老汉快去世时，把东岗分给了青山， ... 中文名: 留得青山在，不愁没柴烧; 外文名: liú dé qīng shān zài，bù chóu méi chái shāo ... 后来，人们都称赞青山说：“留得青山在，不怕没柴烧。” ...

Stock: [JAKS]: JAKS RESOURCES BHD

Jan 3, 2020 2:45 PM | Report Abuse

Get ready with your cut loss strategy.
Some sifu may want to use local maxima as reference, i.e. 8% off 1.32, that is cut loss at 1.21
Some sifu may want to use purchase price, i.e. 8% off 1.28, so cut loss at 1.18



Has present price triggered you to cut loss now?
WIN BIG, LOSE SMALL

Safe to protect your capital as first priority if you already retired, or near to retiring.

留得x山在
不怕x柴烧

Get ready with your cut loss strategy.
Some sifu may want to use local maxima as reference, i.e. 8% off 1.32, that is cut loss at 1.21
Some sifu may want to use purchase price, i.e. 8% off 1.28, so cut loss at 1.18

So ask your sifu is he going to recommend you to cut loss at 1.21?
Is he going to tell you you should run for your life at 1.18?

From what I read what sifus written past 2 days, they are not going to walk their talk.
They die-die want you to hold on, if not to buy more to cushion the fall.

All their reasonings are gospel truth, what other people write are all fake and lies.

One sifu even can tell you if he sells at 1.25 now, he still laughing all the way to bank.
Must use your head to figure out what that statement infers.
To me, only sochai wish to be their cushion 垫尸体

You know what were the promoters posted in HYR on 31 Dec 2017 and some time in that vicinity?
No much different from Jaks forum right now.
All the promoters in HYR cursing me day and night lah.

Scroll up to read it yourself.
And compare with what those promoters wrote in HYR.
Any difference?
Only difference may be those promoters' pseudo names.

https://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=HENGYUAN

不相信未作牺牲竟先可拥有

只相信是靠双手找到我欲求

每一串汗水换每一个成就

几多艰苦当天我默默接受

几多辛酸也未放手

故意挑剔今天我不在乎

只跟心中意愿去走

从来得失我睇透



https://www.youtube.com/watch?v=DsxzjeGZfbs

Blog: I am retiring and need help to invest EPF money in stock market kcchongnz

May 29, 2019 12:26 AM | Report Abuse

For those who are retiring or already retired, they have passed wealth accumulating phase.
Now is the time they should think of preserving buying power of their rnggit and protecting their nest egg against any risk of losing.

How to go about insuring yourself and your spouse for next 20 or 30 years (say both will live up to 90 yo).

1. If you have more than one house, and is mortgage free, just keep on renting it out to get recurrent income. This house will serve as insurance in case you need long term healthcare.

2. If you have only one big house, consider downsizing to stay in 2 room condo. Easy to take care, and put balance of proceed to better use.

3. Take out your money from EPF and put into a few selected Reits. Some Reits command 6 to 10% yield at present price, and they are way below net tangible asset to serve as safety of margin. You will enjoy both recurrent income and capital appreciation.

4. Why you should take out your money from EPF after your retirement? You may be called at any time to go heaven, claiming EPF may be a bit troublesome when your spouse already reaching 70 or more.

5. As how can you save potential trouble of your spouse claiming your estate in the form of Reits? Very simple, buy those Reits under your spouse's name and pre-sign all transfer form. If you KO first, shares already under your spouse's name. If your spouse KO first, you can just transfer back all the share to your name.

6. If you put 1m into Reits that yield 6%, i.e. you already sure to get 5k a month.

7. If you leave 1m with EPF, say return of 5%, you are getting 4k a month.

8. Total replacement income 9k. If you spend 8k per month, you still can save up to 12k a year.

9. Say you are going to replace your car every 8 years, you can get a decent car for 96k, and the residual value for old car can add more Reits to generate more income.

10. Play safe, retirees priority is not to make more money. That should be done when they are still working hard to achieve financial independence. i.e. when they have accumulated asset equivalent to 120 month last drawn salary excluding their first house (better still not to take into consideration EPF)

History keep repeating itself. Once was HYR, next may be Jaks.
Good to take note of that.
Up to 31 Dec 2017, KYY and his machai still promoting HYR day and night, by 18 Jan 2018 (18 days later), he put up an article telling you he has sold HYR because circumstances have changed.
So what is the inference here?
Be your own boss, don't follow blindly what sifu is telling you.
Only you and you alone is accountable to your buy/ sell, and not others who can influence your decision.






Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Jan 18, 2018 09:36 AM | Report Abuse

Since KYY already bought 20m HY shares, unlikely he is going to buy more.
NOT prudent to put all eggs in ONE BASKET.

IF HE IS NOT BUYING ANY MORE, LIKELY HE WILL BE SELLING AT ONE POINT OR ANOTHER.

You know Newton's Law of Motion?

Force = Mass x Acceleration

F is now net negative.
Acceleration become Retardation.
Price can now only heading South.............




What KYY posted today is nothing new.
If he is not buying, sure he has to sell.
Additional supply will shift supply/demand graph, sure HY must be moving south.

"14 I must admit my mistake in being so bullish on Hengyuan.........
But when I see a sudden trend reversal, I started selling. I have to sell at lower prices.
I still have some Hengyuan shares and I have stopped selling. I may buy back when there is a trend reversal......"



See?
KYY not obliged to tell you when he is selling.


"You must bear in mind that when I start to sell, I am not obliged to tell you."
Koon Yew Yin dated 18.01.2018 @ 0850hr

Unless you still in wealth accumulation phase, and you still need to try your luck, you should exercise cut loss strategy to protect your capital when Jaks falls 8% from your purchase price,
as what sifu used to tell you, MAKE BIG, LOSE SMALL.

What sifu preaches is right.
He won,t cut loss because he bought it cheap, even selling at 1.25, he is still laughing all the way to bank.
But what about you? Licking your wounds?

When did Jaks pay dividend?
Never before!
Directors self-enrichment scheme perhaps.
Just like HYR, even when it made 5 ringgit or 10 ringgit a share, you think you can get peanut from the Chinaman?
What more Jaks is only has 30% of Vietnam power project, Chinaman can simply ask Andy Ang to go fly kite. What can Andy do? Nothing man!
Chinaman has history as how to manipulate accounts, and to cheat on Malaysian Partners.
Jaks is no exception!



Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Dec 31, 2017 9:31 PM | Report Abuse

When did Hengyuan pay dividend for the last time? 2013?
When do you expect Hengyuan to pay dividend again? 2023?

Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.

Sama-sama lah, all are red chips.

Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.

Later on fire will break out in their factories/ refinery.

Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen..........