by TanDavid88 > May 13, 2019 9:21 AM | Report Abuse

I believe 300k is overstated.

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anyway, it is fine with me if people don't believe me....I also don't want to carry the responsibility of other people wealth.....


I am happy being me and people don't follow what I do / say.

kc...your Dayang $ 1.70 to $ 1.24...still the same FA....then how?

Is Dayang a quality share?

Malaysia Baru....they call it free speech, free to criticise.

but free speech got unintended consequences.

csuuk97 Bold and brave reforms are required to change the antiquated mentality on Race, Religion and Royalty; to enable MY to move forward to reap the reward of those opportunities.
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also like frying fish. U stir too much, whole thing gets spoil.

its called management.

Post removed.Why?

look at this SSlee....He think that I want KYY to buy Jaks and Sendai and will buy as much as did .............this sslee is just an idiot ................

by qqq3 > May 13, 2019 9:59 AM | Report Abuse X

kcchongnz > May 13, 2019 7:20 AM | Report Abuse

This constitute a qualification from the auditor, a serious affair for Sendai.
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U silly boy, that does not constitute a qualification Its called key Audit Matters..............U will find such discussions on all key audit matters.

and the real point is........your TA did not tell me why the Balance Sheet and FCF looks the way it look. I just point out the reason to you.

by TanDavid88 > May 13, 2019 9:21 AM | Report Abuse

I believe 300k is overstated.

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If I don't response, they think you are right....well....2018, I made money, lots of it.....this year too ....and my portfolio is > $ 300 k from $ 100k 3 years ago

kcchongnz > May 13, 2019 7:20 AM | Report Abuse

This constitute a qualification from the auditor, a serious affair for Sendai.
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U silly boy, that does not constitute a qualification Its called key Audit Matters..............U will find such discussions on all key audit matters.

kc.....2 years already.....2 years still stuck on talking bad about Sendai and Jaks.............well, the world does not revolve around KYY.

KYY is a trader. KYY is not an analyst. KYY says his mistake was he did not follow his golden rule and he bought Jaks too many and too fast. well....I can live with that explanation.

But, if you insist on talking about Jaks and Sendai, I suggest you should buy Jaks and Sendai at current prices because these 2 are good contrarian plays at current prices.

The world out there is very large. There are all sorts of reasons people buy and sell a share. All sorts of reasons people make or lose money in share market.


Share movements, all sorts true positives and true negatives. Also all sorts of false positives and false negatives.


You can keep harping on Jaks and Sendai but there are > 1000 other counters in Bursa.

Post removed.Why?

y lazycat > May 13, 2019 12:57 AM | Report Abuse

during 1980 era, malaysia have 200+ rubber glove manufacturer , now it only left how many?
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I am not discouraging you from buying Dayang........otherwise KYY will kill me........but Dayang is not what I meant by quality stuff.

Post removed.Why?

Look at Penenergy results...earnings can drop from $ 20 million for Dec 2018 quarter to $ 1 million for March 2019 quarter with about same level of revenue. This is not the stuffs quality is made of.

ted by lazycat > May 13, 2019 12:26 AM | Report Abuse

petronas have 200+ offshore platform just in malaysia , each platform annual maintenance expenses around 50m myr , this = to 10B each year
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sounds good doesn't it? But Malaysia got thousands of local companies doing MCM services and practically everyone of them in cash flow problems and near bankruptcy...the problem , according to Petronas is because contractors are not paying their subcontractors on a timely basis.

If you want quality stuffs, you would not find it here.

calvin...20% in 50 stocks......How many above water, how many below water? But either way, bull or bear, OG or not, what difference does it make to you?

calvin.....I am not promoting Sendai to you...but Sendai sure no rights issue......If any rights issue Tan Sri forks out 70% of it....There is already $ 500 million locked up in receivables and WIP through an affiliated company. Once the money is received, the company is very healthy again.

Post removed.Why?

calvin...20% in 50 stocks. I guess 20% on 50 stocks also got its advantages., but making money is not one of them.


20% on 50 stocks does not suggest one who is happy and positive. Scared scared can make money one meh?

calvin....to make money.....be happy and positive. ...and stay focused. Business men make lots of money because they are happy and positive , put 200% on 1 counter , sailang, margin and all and correct.

20% on 50 counters, cannot make any difference. No difference at all.

me? I am doing very well the last 3 years.

For masses, focus on quality, low turnover.

For me, as I am a pro, I do anything. Good bad ugly also I do.

Contrarian is another way to make money. To be successful contrarian is not easy, never easy. Should leave to the pros.

Parito principle....80% of the profits come from 20% of the customers. Focus on the important, the rest will take care of itself.

As for Malaysian political scene , it is now 3R vs GG , a fight to the death. This fight determines every thing.

race, religion and royalty vs good governance and not sure GG will win GE 15.

For the masses, I have this advise..............focus on quality, not on over/under valuation.,

Focus on quality, low turnover, or follow Philips / 3iii, you will be ok.

Problem with this KC, he takes you to holland as often as to your desired destination because he focuses too much on over/ under valuation and not enough on business sense/ quality of the businesses.

Actually, if you follow quality, you will not need Sendai nor Dayang in your portfolio.

This KC plays the classic bait and switch by showing you one he dislikes and shows you one he likes.............actually if are are a seeker of quality, you can forget both.

and as for Sendai....the significant thing about Sendai is that in the Auditors' report you find this discussion.........


Included in the amount owing by customers under
construction contracts and trade receivables is an amount
of approximately RM241,137,000 and RM235,050,000
respectively, relating to contracts for construction of
two liftboats for a related company. The assessment
on recoverability of the both balances from the related
company involves significant management judgement.


This 2 liftboats have caused the gearing and borrowings to shot up. well....As a contrarian, I can buy Sendai because to me 50 sen is a safe level and the amounts transferred to receivable $ 235 million should be recovered by next results.

my advise even simpler.....those who need KCChong to help you to participate in stock market, stock market not for you.


My advise....those who don't have own opinions, don't know how to think for themselves, people who don't know how to analyse, my advise is....forget about share market.

Its not China rise..........its China return ( to its rightful place).

can forgive blah blah and chips only because they no brains.

as for US- China trade wars, 5 reasons for the tensions and 3 reasons why it represents an opportunity for us........... and all the 3 reasons are spelled China...........Look East.

as for US- China trade wars, 5 reasons for the tensions and 3 reasons why it represents an opportunity for us...........

https://www.youtube.com/watch?v=09AXh7FL3ak

Fish and Chips > May 12, 2019 12:30 PM | Report Abuse

Qqq! Let's make things very clear!
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learn happy and positive.

your life better country better.

blah blah....its 3R vs GG a fight to the death and u go blah blah, scary.

chips.... that is Trump reelection slogan... trade war is Trump ticket to second term... and disaster for the rest of us have

no body ever make much money without being happy and positive and focus on

just treat Calvin as a joke no harm done... after all 20‰ spread over 50 stocks nothing much happen

only market analysts suffer from deal delusion

Kyy has not changed.
The market might have.

we don't know yet.

the game is not over until it is over.

babablackship > May 11, 2019 11:45 PM | Report Abuse

everything I said have proves one way or the others.
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every thing u say is fake news.

what we know is GE 14....Cash is King lost.

d by Heavenly PUNTER Research IB > May 11, 2019 6:40 PM | Report Abuse

Who do you think will win? I think the answer is quite obvious, who gives more handouts to the majority wins

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wrong...3R appeals to the heart

GG appeals the brain

heart vs Brain...who will win?

not sure yet.

Human nature to forget easily but that is not scary.

The scary part is that GE15 will be 3R vs GG and not sure GG will win.



race religion royalty vs good governance.

Posted by probability > May 11, 2019 5:46 PM | Report Abuse

how come no one is benefiting from this trade war? any chance for Malaysia?
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the issue is if the cake is smaller , would a bigger bite of a smaller cake be better or worse?

there will be disruptions , there will also be growth.

War on China is very popular back home.....war on China is Trump ticket to second term....don't count Donald Trump out yet....unless US gets into recession before Nov 2020.

From China perspective , China is guided by history and China cannot tolerate another Unequal Treaty on the 100 anniversary of Beijing student protest...............that much is clear.

War on China is very popular back home.....war on China is Trump ticket to second term....don't count Donald Trump out yet....unless US gets into recession before Nov 2020.

China cannot tolerate another Unequal Treaty...............that much is clear.

3R vs GG

GE 15 is going to be tough.

looks like PH has to do more to appease members from the other side......

3R vs GG

GE 15 is going to be tough.

babablackship > May 11, 2019 3:51 PM | Report Abuse

U are beneficially
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I am just a small time trader....no crony lah.

GE 15 may be tough....but is is tough because it is going to race, religion , royalty vs good governance........and no guarantee good governance is going to win.

Fish and Chips > May 11, 2019 3:20 PM | Report Abuse

But to say Pakatan so far better option in managing our nation, i think only half brain malaysians will say yes!
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really meh? I got full brains and I happy and satisfied.

Anti Fake Nws law can be good also.....we can put chips in jail. I will support that.