Your sifu......

What is your age group?

Blog: for newbies in KLSE a word of caution
Nov 22, 2014 08:07 PM | Report Abuse

Let suppose you have 1m cash asset (Share, FD, Bonds, Treasury bills, SA etc excluding EPF). How much risk you you can take?

Some people can stand up to 50% loses (if they are still young <35 yr old)
Some people can only stand up to 20% loses. (may be for 40 -50 yr old)
Some may be 10%, or 5%. (Retired or near to retirement >50 yr old)
It is really depends on your degree of tolerance.

Some may be young, but they have low degree of tolerance. Their temper will fluctuate with market performance. Market good, they got excited. Market down, they will not be able to sleep. This will affect their job performance.

My advice is, if you invest up to 500k, you find that your temper already being jeopardized, reduce to 400k. If still find hard to sleep, reduce further to 300k, 200k,100k etc. There should come to a level whether market up or down doesn't affect performance of your main career anymore. That is your tolerance level.

Some may have 1m cash asset, but not able to stand a 5k loses. These people are not risk taker, share market is definitely not suitable for them. REITs may be most suitable for them as it is low risk with medium gain. Otherwise will be FD or MGS.

Losing money in Leader?
Idiot.
Put money in in FD get you 3.5%.
Is it not better than losing 50% of capital?
Read carefully.
This is your suggestion............

Cannot stand losses?
Go for Reits.........

How come you cannot understand simple English?

Lose money in Leader Steel -- idiots
Making money from Leader Steel -- Not an idiot

Are you an idiot or Not an idiot?
Depends on your entry price and buying strategy.

In bear market, good share falls, bad share fare worse.
What is the percentage fallen from local maxima compared with peers?
Leader Steel - a better share? A bad share? Judge it yourself.

Make in bull, only to lose out all in bear.
Why can't you make in bull, and make in bear?
Making from bull to bear, and from bear to bull?

Sell 3.30
TP 2.50.....

Sell

Khazanah (typically a holding company without field operation) expenses amount to RM 4,500m (or 4.5 Billion) for its 458 staff on its payroll.

How much is the cost per staff?
RM 9.825m !!!!!!!!!!!!

Not all are CEO's
Not all are anal-lists
How many are drivers?
How many are toilet cleaners?

Each and everyone spends RM 9.825m a year!

Don't tell me toilet cleaner also need an office as large as that of a CEO?

Come on.
We are the stake holders too.
We are paying income taxes and GST.
If the CIO not performing, sack him!
If CEO is useless, replace him!
If no sure of performance, just buy back T-bills and Govt Securities.
At least we can be sure of 4% return................

Nevermind lah
It is just a gambling
Still want to talk about fundamentals?
Fundamental holds good iff integrity of account is wholesome

You know comparison analysis?
If both are good, which one is better
If both are bad, which one is not so bad............

If anyone can buy CSL, no reason he should not place some bet on Maxwell.
Are you one of those gamblers????????

Maxwell is better than CSL.
Maxwell no operating expenses.
Maxwell after all receivable written off will not have future trade receivable to write off.
Maxwell has little cost to bear.
Maxwell has RM 358m.
Maxwell is not facing immediate suspension like CSL.

To punt CSL, might as well try your luck with Maxwell..............

Sslee -- Maxwell worth to consider as good punt.
Revenue kosong
Cash and bank balances RM 358m
NTA RM 1.00
Now only selling at 2 sen
AND major shareholder having 44% stake is selling non-stop at 2 sen

What is your deduction?

CSL and Xinquan are different.
Xinquan got sochai (KYY) to jack up the price like MSP got sochai loyar Singh Kor.

Who are the last minute sochais for CSL ?

ks55 -- Directors going to burn down their office again.
This time they will make sure even the back-up electronic copy of account also completely destroy.
Then they will take Q from XinQuan not able to produce QR.
Get suspended, and ultimately delisted.

Typical China Conman's MO.

Sell tomorrow morning at 6 sen.
At least can have 6 plates of nasi ayam and China teh ais for ever 1000 CSL shares........
22/06/2017 23:46

Go Genting play Tai Sai?
Buy CSL at 0.5 sen, immediately park to sell at 1 sen.
If done, make 100% profit
If not done, lost 100%
Believe it could be better than going up to Genting ma
Anyway, a 50-50 chance you make or lose.
Same as going up to Genting...........

Aiya...
Like that also don't know?
This is government policy, build first sell later.

Developers already respond to government's call.
Only weak developers will be phased out...........

By your standard, if you can lost 70 or 80% in a single counter in 2002, believe me, you will not survive 1997/98 onslaught..........

Curious to find out what qualification you have?
Accounting degree?
Finance degree?
Economics?
CFP?
CIMA?
CA?
CPA?
CFA?

And how long were you actually in the market continuously?
10 years? 15 years?

To be good at market, you need to possess:
1. knowledge
2. skill
3. experience
4. discipline

I believe those who had gone through 1987, 1997/98, 2002, 2008/9 will strive and will not blame market forces, regardless mere presence of certain characters who use to con public in general...............

IKEA Tebrau (opening 16 November 2017)
Keep an eye on Plenitude share price on that day.

Typo.
2015

Stock: [EKOVEST]: EKOVEST BHD
Oct 31, 2017 07:27 PM | Report Abuse

Ekovest (or Lim Kang Hoo more exact) want to buy out MI of IWC at 1.50 cash or 1:1 Ekovest share value at 1.50

"The Proposed Acquisition will involve the Company undertaking a conditional voluntary takeover offer to acquire all the Offer Shares for a cash consideration of RM1.50 per Offer Share or for new ordinary shares to be issued by the Company (“Ekovest Share”), on the basis of one new Ekovest Share at RM1.50 per share for every one Offer Share, in accordance with the Malaysian Code on Take-Overs and Mergers 2016 (“Code”)."


You need to consider Now:-

1. This proposal does not require approval of IWC MI
2. IWC MI can choose only cash offer or not
3. Can Ekovest offer share-swap without cash alternative
4. IWC MI not necessarily accept Ekovest's (or Lim Kang Hoo) offer if there is no cash alternative
5. If share-swap, any arrangement Ekovest (or Lim Kang Hoo) with third party to offer 1.50 cash to IWC MI
6. If Ekovest intend to pay cash, what is the probability VGO can take place?
7. If Ekovest 100% share -swap, what is the probabilty VGO is successful?

Now you need to further consider:-

1. Why Lim Kang Hoo need such a useless corporate restructuring?
2. Any good to Ekovest MI?
3. What is the effect on Ekovest share price tomorrow?
4. Now IWH and IWC merger is off. Can it be Lim Kang Hoo's tactic to maintain IWC share price at the expense of Ekovest MI?
5. IWC MI need not be too happy. Very soon this proposal will not go ahead. IWC will then go back to 80 sen or even lower.
6. Think over it tonight. Take wise action at 8.55am tomorrow............


Note:
IWC selling 127 acres to Greenland was announced way back in 2005, and its share price hovering around 70 sen to 80 sen for years since announcement.
Why?
Until now keep on postpone because condition not fulfilled.
Why?
Can everything solved within next three month when Lim Kang Hoo suppose to come out with a detail proposal?
Cash or share-swap?
Lim Kang Hoo got money?
Lim Kang Hoo got bankers support?
Not to forget he already fell out of favour with those in power -- for he had made a very stupid wrong move went to Beijing to seek influence..........

Stock: [EKOVEST]: EKOVEST BHD
Oct 31, 2017 07:27 PM | Report Abuse

Ekovest (or Lim Kang Hoo more exact) want to buy out MI of IWC at 1.50 cash or 1:1 Ekovest share value at 1.50

"The Proposed Acquisition will involve the Company undertaking a conditional voluntary takeover offer to acquire all the Offer Shares for a cash consideration of RM1.50 per Offer Share or for new ordinary shares to be issued by the Company (“Ekovest Share”), on the basis of one new Ekovest Share at RM1.50 per share for every one Offer Share, in accordance with the Malaysian Code on Take-Overs and Mergers 2016 (“Code”)."


You need to consider Now:-

1. This proposal does not require approval of IWC MI
2. IWC MI can choose only cash offer or not
3. Can Ekovest offer share-swap without cash alternative
4. IWC MI not necessarily accept Ekovest's (or Lim Kang Hoo) offer if there is no cash alternative
5. If share-swap, any arrangement Ekovest (or Lim Kang Hoo) with third party to offer 1.50 cash to IWC MI
6. If Ekovest intend to pay cash, what is the probability VGO can take place?
7. If Ekovest 100% share -swap, what is the probabilty VGO is successful?

Now you need to further consider:-

1. Why Lim Kang Hoo need such a useless corporate restructuring?
2. Any good to Ekovest MI?
3. What is the effect on Ekovest share price tomorrow?
4. Now IWH and IWC merger is off. Can it be Lim Kang Hoo's tactic to maintain IWC share price at the expense of Ekovest MI?
5. IWC MI need not be too happy. Very soon this proposal will not go ahead. IWC will then go back to 80 sen or even lower.
6. Think over it tonight. Take wise action at 8.55am tomorrow............

Ekovest (or Lim Kang Hoo more exact) want to buy out MI of IWC at 1.50 cash or 1:1 Ekovest share value at 1.50

"The Proposed Acquisition will involve the Company undertaking a conditional voluntary takeover offer to acquire all the Offer Shares for a cash consideration of RM1.50 per Offer Share or for new ordinary shares to be issued by the Company (“Ekovest Share”), on the basis of one new Ekovest Share at RM1.50 per share for every one Offer Share, in accordance with the Malaysian Code on Take-Overs and Mergers 2016 (“Code”)."


You need to consider Now:-

1. This proposal does not require approval of IWC MI
2. IWC MI can choose only cash offer or not
3. Can Ekovest offer share-swap without cash alternative
4. IWC MI not necessarily accept Ekovest's (or Lim Kang Hoo) offer if there is no cash alternative
5. If share-swap, any arrangement Ekovest (or Lim Kang Hoo) with third party to offer 1.50 cash to IWC MI
6. If Ekovest intend to pay cash, what is the probability VGO can take place?
7. If Ekovest 100% share -swap, what is the probabilty VGO is successful?

Now you need to further consider:-

1. Why Lim Kang Hoo need such a useless corporate restructuring?
2. Any good to Ekovest MI?
3. What is the effect on Ekovest share price tomorrow?
4. Now IWH and IWC merger is off. Can it be Lim Kang Hoo's tactic to maintain IWC share price at the expense of Ekovest MI?
5. IWC MI need not be too happy. Very soon this proposal will not go ahead. IWC will then go back to 80 sen or even lower.
6. Think over it tonight. Take wise action at 8.55am tomorrow............

You are right.
Other than who are the sellers, you need to reason out why they sell.

List down the reasons why you should buy
List down the reasons why you should sell
Compare and contrast the logic
Then you will come with a better conclusion

Why need to remember your entry price?
It is not relevant to market sentiment.
Just sell when steam run out.
Or you will be stuck forever.

If you still have confidence in this stock, can always buy back at cheaper price.
In that case, you always have advantage over those stick to 'high entry price' and refuse to acknowledge losses.........

Like all red chips, I just want to bring home one point. i.e. I don't trust the owner. Regardless what other people want to say, I always remind myself if I don't trust the Director, I will stay away from that counter.

Remember what analysts told you about Linear Corp when it announced to the whole world it got Dinding District Cooling Tower project worth RM 1000 million (1 Billion)?

Remember Masterskill? What happened now?

There are many many similar example.
If Directors not credible, your hard-earned money will go down the drain.
To invest in any counter, first and foremost look at who are the owners/ Directors.
Certain characters you should by all means......AVOID.
There are thousand and one other counters to look at..............

走火入魔
没药可救

Rental for office space at Vista Tower around RM 7.50psf per month or RM 90 per annum.
At RM 824psf, it works out to be 10.9% gross.
Total rental will be around RM 50m a year, if 100% rented out.
Currently 74.4% leased should give RM 37.2m if maintained.

I am confident with the Japanese Partner as Property Manager, it won't be difficult to get a 95% occupancy rate...........

Unlike MRCB that uses MQReit as ATM, ARReit Managers did a very good job by securing prized asset with favorable price (or should say big 13% discount), taking unit holders' interest above their own.

Why Vista Tower a good buy?
1. Class A office in the vicinity of KLCC Twin Tower only selling at RM 824psf. Where else can you get this type of bargain?
2. Immediately upon completion of deal, ARReit can recognise RM 67.1m unrealised gain for FYE Dec 2017. In addition, ARReit shall receive RM 9.18m over 24 month payment (or RM 382.5k a month) as distributable revenue.
3. Why vendor willing to sell Vista Tower below market value?
3.1 Lifespan of Private Equity Fund (owner) set up by Blackrock Inc is expiring in 2017. Vista Tower must be sold within this year.
3.2 Right now office space glut does not permit Balckrock Inc to ask for premium price.
4. LRT and MRT2 link directly to Tower Vista. It is therefore easy access to TRX, Bandar Malaysia, High Speed Rail, Bukit Bintang.
5. Any property that has direct access to MRT/ LRT will appreciate in value. So by 31 Aug 2020, Vista Tower should at least double in value. Is it that difficult to fetch a price tag of RM 1650psf then?
6. No RI proposed. So present Unit Holders need not foot out additional money.


All in all, I would expect ARReit price will respond positively tomorrow.
Good luck to all........

What constitute a property hot spot?
An easy way to find a property hotspot is to follow the big boys as they have impeccable R&D teams. Anytime you hear rumours that an Aeon supermarket is going to be built in an area, property investors will immediately begin searching for viable properties in the area.
This is because an Aeon supermarket will only be built in an area after an extensive research is performed to ensure that there is sufficient population amongst other criteria in the area to patron the supermarket.

www.starpres/investment/what-makes-a-property-hotspot/operty.my/index.php/articl

So you are having AEON, Tesco, Ikea, Ikano in the same location, all within Taman Desa Tebrau.
What do you think about the potential of the remaining land of Taman Desa Tebrau?
You need not have the rocket scientist intelligence to figure out............

Why make in bull but lost all in bear ?????

Worst still they dare you to sailang...........

If you follow what kcchongnz preach, Buy Good Share Cheap, you won't be losing your underpants.

The problem is too many sifu suggest TA and TA, with KYY concurred, they thought they have struck oil with ridiculous TP 15 ringgit, 20 ringgit and even 37 ringgit.

If you bank on luck, you can't blame others........

You must ask cut loss sifu cpteh to help you make decision now.

Later he will put a new blog 'I told you to cut loss in Hengyuen' tonight..........

Plenitude shows improve profit QoQ and YoY.
Expecting price to move tomorrow.......

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5523069

Progress on IKEA in Tebrau City.
Next to it is Ikano Johor Jaya's 4 storey shopping complex.

What is the potential of remaining land (250 acres residential and 35 acres commercial lands) of Taman Desa Tebrau that spans a total of 965 acres?

Ikea is opening for business soon.
Landed properties in Taman Desa sure win property investment. Why?
Taman Desa Tebrau is a location with plenty of property choices. The options offered ranges from different prices to different locations in the vicinity. If you are looking for more exclusive residences, you should opt for Taman Mount Austin and Taman Austin Perdana which are only next to Taman Desa Tebrau.

Being located within walking distance from Jusco Tebrau City, for those with preference to the convenience city life, yet live within exclusive of serenity, property prices in Taman Desa Tebrau is a real steal.

If Taman Desa Tebrau is a more preferred housing estate than Bukit Indah, do you think the price differential will come to nil?
That should reflect on Plenitude share price sooner or later.

https://www.youtube.com/watch?v=fMV7Je90slQ

http://www.plenitude.com.my/desatebrau/properties.html

Ikea is opening for business soon.
Landed properties in Taman Desa sure win property investment. Why?
Taman Desa Tebrau is a location with plenty of property choices. The options offered ranges from different prices to different locations in the vicinity. If you are looking for more exclusive residences, you should opt for Taman Mount Austin and Taman Austin Perdana which are only next to Taman Desa Tebrau.

Being located within walking distance from Jusco Tebrau City, for those with preference to the convenience city life, yet live within exclusive of serenity, property prices in Taman Desa Tebrau is a real steal.

If Taman Desa Tebrau is a more preferred housing estate than Bukit Indah, do you think the price differential will come to nil?
That should reflect on Plenitude share price sooner or later.

https://www.youtube.com/watch?v=fMV7Je90slQ

http://www.plenitude.com.my/desatebrau/properties.html

When is the best time to buy a house?
This is the same question as when is the best time to buy share.
Just apply buying strategy for share purchase to that of buying a house.

Buy good share cheap as kcchongnz has been telling you all this while.
So, buy good house cheap is the theme of the decade.

Why houses is considered cheap now?
Can it be cheaper next year?

What constitute good house?
Is it in KLCC vicinity?
Or at BBCC?

Then consider what is a good buy to suit your needs.
Big house?
Small house?
Big pent house?
Small studio?


Just give you an indication if price come within market expectation, people won't let the decade long opportunity to slip away, just like Singapore EC along Yio Chu Kang Rd selling at S$834 psf.
Please take note Yio Chu Kand is not far from Punggol New Town in north eastern Singapore.

http://www.thestar.com.my/business/business-news/2017/08/16/singapore-executive-condos-chalk-up-bumper-sales

Progress on IKEA in Tebrau City.
Next to it is Ikano Johor Jaya's 4 storey shopping complex.

https://www.youtube.com/watch?v=IjCm_L-sp5Q

What is the potential of remaining land (250 acres residential and 35 acres commercial lands) of Taman Desa Tebrau that spans a total of 965 acres?

@katappa --

Yes. I came across such cases.
Many flippers buy not only one. They buy limit up to their loan entitlement.

You know what DIBS did to all these flippers?
DIBS was first introduced 4 years ago by so-called innovative developers including Mah Sing. Just go and check out icon by Mah Sing to see the gravity of such problem right now!

After paying 10%. They can just goyang kaki for next 48 months.
Hoping to flip in between.
Sad story sets in.
Earlier wanted to sell higher price, not making no selling.
Now Vacant Possession given, want to sell, no buyer.
Sell at a loss, no buyer also.
Want to rent out, no tenant.
Want to pay installments, cannot afford to make ends meet.
This is a true story, not a make up.
Just ask around, probably you will come across someone facing such a situation.

Affordability should measure on unit cost basis. If cost of landed house is 350psf, a single storey terrace with build-up of 1000sf will be 350k, double storey with build-up 1500sf will be 525k. It is definitely affordable by those earning 6k and 10k.
The problem is those who earn 6k want to buy 2 storey house cost 525k, and those who earn 10k want to buy 2500sf house that cost 875k.

For city dwellers, landed is always around 500 - 1000 ringgit per sf. To buy a 2000sf house will cost at least 1 million. Definitely this is not what city dweller should aim for. They must be more realistic, apartments (Condo) around rm 600 to rm 1000 psf are still available. For 1000sf apartment, entry price is 600k. If you earn 10k a month, buy one 1000sf apartment. If you earn 6k, buy a 750sf apartment.

Rule of thumb is to buy a house with 50 months gross salary. Earn more can buy bigger house. Earn less then buy a smaller house. Bounds to have a house that suit your budget. House price in Malaysia is still affordable

Sure enough.
You must also know JB residential properties stagnant for 10 years?

It had just play a catch up game last few years.
In actual fact, already over-played..........

Yes.
All big developers have in house construction arms too.

So all no need to pay GST?
Consult custom department to find out more......

You think developer is so kind to absorb all GST charges?
Many people thought for residential property no GST incurred.
Just because developer don't add 6% GST to your S&P?

Buy sand must add GST.
Hire machinery must pay GST.
Developer can reclaim GST. Actual fact?
Govt want to collect money from you is easy.
You want to ask back money from govt is almost impossible.

Now people cannot get loan.
Developer put on hold new housing project.
They are now selling at 13 to 20% discount, effectively wipe out their profit.

3 years down the road, all overhang properties sold.
No new one come to market.
Property price boom again.

So. What you must do?
Ask kcchongnz for proactive action.........just pay small amount of advisory fees will do.

Sure?
You buy cement. No need to pay GST?
You hire lorry to ferry your sand. No need GST?
You pay for legal fees. No need GST?

Blog: Seminar raises more questions about the state of property sector - thestar.com
Nov 2, 2014 11:45 PM | Report Abuse

Cost of putting up a house definitely will go up. To make profit, developer has to sell what ever cost incurred plus a profit margin. Probably sell at 10% to 16% higher as what calvintaneng said.

The only problem will be the purchasing power of disposable income(which may remain the same) to be eroded due to GST and hike in petrol price. Couple with impending interest rate hike, potential buyer will be eligible for lesser loan amount. This effectively place certain buyers out of reach. Consequent is lesser demand. When supply exceed demand, price will drop to a level to establish new equilibrium.

So if developer try to sell houses at 10% to 16% higher, less people buy.
Less people buy, developer holding more stocks.
It will come to a point when developer cannot hold on any more, then cheap sale coming.
Similar incident happened in 1986-88, 1996-99, 2003-04.
Probably next round will 2016-18.