kbunai have toxic asset, worse than RA. you have to spend hundreds of thousands to millions each month just to maintain those properties, like electric, water bill. Wear and tear is far more greater for sea-side properties because of damp and salty air. You can see clearly from the pictures, kbunai sea walls are having serious erosion, needs a lot of money to fix, otherwise all those villas will be in danger.

and this business unit, http://www.evidoma.com.cn/ impressive

So cheap, only 12sen, better buy some just in case it follows XINQUAN footstep to announce dividends.PE is only 1.8 :) Net Cash on hand is more than 50sen vs share price 12sen.. very strong company.

amazing, still got people dare to buy at 7 sen... just take a good look at RA, same situation.. cant make profit, issue more shares to 1 billion shares, now PN17 and share price drop to only 2sen left. kbunai could be next to join the club.

Chankyew50, even the Malaysia No.1 Robert Kwok also get rid of his bad investment, remember Transmile ? Writing off kbunai is no issue, in fact will show people that he is rich enough to even write off few hundred million.

if you guys are Singaporean, I can understand why so easily influenced by calvin, if you are Malaysian with all the local information and still don't understand why we should not touch kbunai, you should not be buying shares at all.

Calvin non stop boast about PRKCORP, There are tons of other people were able to see PRKCORP potential long-long ago, not just you calvin. PRKCORP did well not because of its land, it is because of its port monopoly operations. Does kbunai have any port monopoly operations ?

calvin is depending on Najib to pump money into kbunai, you are investing in kbunai based on this gamble, you are in trouble. There is no way the Gov is going to pump new money into kbunai. If you invest thinking kbunai have high vaue assets, you are also in trouble, just look at the condition of their assets.

Many people buy kbunai because expecting Gov to announce pump money into kbunai during budget day like last time. Very unlikely they will announce it like last time ( last time was a once off mistakes, can be an offence to mention company name, insider trading ).

What do you think will happen if there are no announcement during budget day ?

Can u run fast enough when there are no announcement when everyone is expecting it ? After kbunai share price collapse due to non-announcement, what are the chance of recovery if the company continues to make loss and goes into PN17 ?

think what SinGor say, he is right, Najib do not have the money or any urgency to pump money into kbunai because kbunai has no value to him, instead, will only invite more attack from his opposition

all calvin can do is give example of other companies, kbunai is different from other companies, land they held are also different from others. How to compare, he is trying to sell a sick chicken ( kbunai ) by promoting it as a healthy cow ( PRKCORP and etc )

All those "new" land valuation are all his own imagination, no real facts or figures. If those land really have values, they could have developed it and make money, but still making losses after so many years... you know why ? facts and figure over the years are telling us that kbunai is rotten.

joel, kbunai will never worth anything.

Those land held by kbunai are the worse of all, Sabah land cannot be sold to foreigners, not even to West Malaysian, so you can forget about it increase in value. Kbunai land in west Malaysia is in the middle of the Malay kampong, impossible to build anything that can be sold for good money. Operational wise, it is impossible to manage the karambunai resorts into profitability.

That is why kbunai is making losses, every single quarter, every single year. Kbunai can only make RM70 million sales a year and loss making, no way to turn around. It is surviving by making rights issue, getting more money from investors by issuing more shares, now ballooned to 7 billion shares after conversion of their warrants. Imagine a company with 7 bilion shares cant even make RM70 million revenue and loss making, it is doomed for sure.

Just look at this posting below ( real story, not imaginary like calvins ).. kbunai villas is rotting away, investors to that scam ( owed investors RM32 million and growing ), investors to that scam also cant get properties transferred to them now being sued.

http://www.themalaymailonline.com/malaysia/article/investors-seek-putrajaya-aid-to-recover-rm32m-debt-from-karambunai

kbunai is still bleeding non-stop, just don't know when it will die only.

the fact that those villas rotting away does not sound like the air quality there is good. Besides that picture I posted also shows a severe land erosion at its sea wall. yep, calvin tell all of u to hold but he run already ( he is now promoting other counters elsewhere ). Wish good luck to everyone here... maybe wish a good miracles to everyone.

after I shown calvin the pictures of karambunai villas awful rotting away conditions, he realise his mistakes and sold all his karambunai, while all of you still dont realised that you are all trapped.

Calvin is buying other counters now, otherwise he would surely divert everone into kbunai, this time he divert people into other counters.Remember how he divert everyone into kbunai after he bought kbunai.. now he Is diverting people again but other counters... so u know what he is doing, he has abandoned kbunai.

29/04/2015 09:21

it is very obvious, I just briefly go and check MUI and MULPHA, confirmed calvin has bought those also. At first I was curious why he mention those counters.. now I know hahaha. So predictable.

hahaha calvin already sold all his karambunai

SumuaOK, he needs other people to push up the shares for him lah, if not how is he going to make money ? that's why he have no choice but to promote his counters everywhere.

kbunai already been proven a horrible company, un-ethical handling of investors based on that article I posted ealier, even with photo proof villas rotting away... u want to risk your money in it ?

well sumuaOK, same logic also.. calving does his analysis, asking people to buy. other people are also doing analysis and asking people not to buy. Are you saying calvin can ask people to buy while others cannot ask people not to buy ?

no need to talk about OKA, Muda and hundreds of other counters lah, they are not related to kbunai. There are hundreds of other counters that has gone up few hundred % some even thousand % , what has it go to do with kbunai ? fact is still the same no matter how other counters has gone up, kbunai is rotting away.

yes, G Residence is a join venture project, calvin again tries to spin another lie saying that GSB has high holding cost on the G residence land. I don't think Calvin has done any groundwork, he just go investlah and copy some of the information from there. His ultimate aim is to get everyone here to buy kbunai.

I don't complain much when he recomend BJCORP but recommending kbunai with fake info is totally irresponsible. Just take a look at the pictures in this article, take a good look at the condition of their villas and the soil erosion at their sea wall...

http://www.themalaymailonline.com/malaysia/article/investors-seek-putrajaya-aid-to-recover-rm32m-debt-from-karambunai

at least they don't build mouldy villas like those in the picture. forget it lah calvin, your claim of RM6.5 billion is non-existence, G Residence exist and sales are going great, unlike kbunai villas rotting away. Even if I don't buy GSB, I wont be buying kbunai.

very easy to hit one of those big gainers lah, but very difficult to hit a PN17.. calvin u are a genius. I still don't see any buy transaction on kbunai, why not you go and buy some, since u make so much money with so many past winners. hahaha

hahaha.. MPCORP PN17, u mean he bought at 39.5sen ?

go and buy now lah if you are confident and u say will go up to 30sen, why you are not buying now ? why ask other people to buy ?

even the sea side land shows erosion, see the picture again. Sea walls will collapse anytime. After seeing all the pictures calvin is in panic mode now. As for you, why would u want to risk your money on kbunai ? there are so many other counters in KLSE.

karambunai...

this is what calvin wants you to invest in... look at the pictures.

http://www.themalaymailonline.com/malaysia/article/investors-seek-putrajaya-aid-to-recover-rm32m-debt-from-karambunai

no wonder losses after losses, every single quarter, every single year.

karambunai...

http://www.themalaymailonline.com/malaysia/article/investors-seek-putrajaya-aid-to-recover-rm32m-debt-from-karambunai

look at the pictures, this is what calvin wants all of you to invest in.

if I buy a house in Klang Valley for RM300K in 2009, I would have be able to sell them for at least RM600K now BUT karambunai... rotting away. What does that tell you about those land in karambunai ?

Hello if those villa can be sold, why still need putrajaya to help.. just sell them off lah ?

see the pictures nicely, pictures don't tell lies. Keep on dreaming about the RM6.5 billion development, they cant even do a RM70 million revenue for the entire year.

did u read the article properly, after buying those villa, those foreign investor cant get the land titles to be transferred to them. They cant even sell what they have invested, if can sell.. already sold long ago for profit or at least get back their investment capital. With that, which investor will still dare to buy anything from kbunai ?

do you know what happened to those Sea Villa ? they are rotting away, look at this picture from those villa

http://www.themalaymailonline.com/malaysia/article/investors-seek-putrajaya-aid-to-recover-rm32m-debt-from-karambunai

forget about Najib, he will not do anything for kbunai anymore. That was once off help he offer last time and Chinese has betrayed him in the last election, will he still help Chinese companies anymore ?

after calvin promote karambunai, totally lost confident in him. At first thought he has some substance, now realise he is just a conman. Already called GSB, calvin information is inaccurate.

What is the use of land when it cannot be built or plant anything profitable on it ?

luigee, conman calvin has been caught lying.. no choice but to delete and hope people will forget about it :)

Ny036, just look at kbunai trading vol now, no more buyers to push.... u think can still go up ? kbunai has nearly 6 billion shares now, impossible to push up.

Even BJCORP ( 4 billion shares ) announced a RM 1 billion profit also cannot be pushed up, what makes you think kbunai who has never make a single profit or more than RM100milion revenue can go up with this goreng ?

I am new in this forum, give lah warning, I almost got suck into his scheme.

Want to goreng, at least choose a more stable company, calvin go and choose a PN17 candidate company to goreng. I think a lot of his supporters will lose big money this round.

ya... he is only diverting BJCORP shareholders to his kbunai... he also did that to GSB. Do you know any other forum he tries to divert the shareholders to kbunai. I got a shock, he ask people to buy kbunai.. KBUNAI is in such a bad shape, never make profit before in its life... just matter of time before it becomes a PN17 counter, suspended and delisted. The only reason why he promote it is because he is in and he thinks he can convince enough people to dump in money to push up for him. Looks like kbunai no more buyers.. time for all to be beheaded.

anyway, I am not buying anymore GSB, in fact selling. Because last few days unusual vol for GSB, these people cant hold for long sure will dump when they realise no goreng. So I sell first and wait for it to fall only enter at cheaper price, hopefully below 10sen.

Just look at kbunai vol, there is no more buyers... only waiting for T3 players to dump.

Kbunai is below 10sen for a reason, all the big investors are avoiding it because something is seriously wrong with it. You think big investment house dont know how to do valuation ?

Kbunai land is useless to investor, because you cant own it, Calvin claim of undervalue is fake. All the lands are already revalued ( overvalued ) several times in the past. If revalued again, most likely will be less because many parts of the kbunai is in real bad shape and bad maintenance.

All of you just becareful because calvin is cooking up stories, all he want is all of you buy thinking all of you will have enough money to push it up for him to make money... BUT in reality, kbunai has nearly 6 billion shares, impossible for all of you to push it anywhere. T+3 is looming all of you will be trapped. He is even try to divert holders of GSB, BJCORP and many others to buy kbunai. He is seriously trapped and desperate... risk is just too great to get involved. You may even end up with a PN17 counters, suspended and delisted, all your money stucked forever.

I hope calvin don't buy GSB, cant let him earn anything from GSB by looking at the way he mislead people into his bankrupt kbunai.

Calvin please stay away from GSB and please do not buy any GSB.

spin master calvin :) caught lying... now trying spin his way out.. hahaha I doubt he has even been to Iskandar. Block A already 100% sold out, they open the Block B for sales. Because of Block B sales is still going on about 40%, they average about 70% sold out. That is a lot of money for GSB.

oh by the way calvin, do you know that Sarawak have a new Chief minister, all those old crony companies will not be able to get spoon feed projects anymore. You are outdated.

of all the thousand over counters, he choose a bankrupt candidate kbunai. When kbunai goes down, nobody can help.. not china investor, not even west Malaysian because only Sabah native can own kbunai landed assets. kbunai is a dead duck, it has never reported a profit, kept on doing rights issue to surive until almost 6 billion shares. If lucky maybe can make a little bit 5-10% gain from goring, but if unlucky got stuck.. may even lose 100% when it goes PN17 and delisted.

Too bad calvin, I already exit GSB long ago. U can go there and fish the GSB holders to buy kbunai, I for sure wont risk my money in kbunai. I take a ride earlier in kbunai because I know some people may chase kbunai with your excessive promotion. Now that it is over, a lot of people trapped.. I am out and watch all of you got slaughted by kbunai.

I am amazed with you Singaporean believing that Najib will still do something for kbunai.

wow I need to stalk this calvin, he is everywhere promoting a kbunai.. he must have been stuck there.

Don't dream la calvin, kbunai is just an attempt to goreng... it will never go further that what it has achieved now. Next is beheading. No way Najib is going to give any money to Karambunai, u know why ? Why would he want to give money to a Chinese company ? Have you forgotten how upset he was with the Chinese for the last election disaster ? There are tons of other companies he can give money to.

Anyone here who has bought kbunai better run before it is too late. Kbunai is an awful company that has never make an operational profit, it has been making losses every single quarter, every single year. Number of shares has ballooned to almost 6 billion shares from rights issues loan stocks. Once all the warrants are converted, it will be 7 billion+ shares. NTA will be so tiny, few more losses from them, kbunai will turn it into -ve NTA, once it turned -ve... it will become PN17, soon suspended and delisted. All your money stuck forever.

Calvin is trying to justify Perak Corp as example, hello... Perak Corp is a profit making cash rich company, how to compare. he claims that he spotted Perak Corp at 60sen, there are many others in the other forum also spotted Perak Corp at 60sen last time. No big deal.

I think calvin is trying to scare all of you, so that all of you go and buy his half bankrupt kbunai to help him escape being stuck. But I think GSB is drop back because of this goreng. Seriously these Singaporean don't know what they are dealing with, especially kbunai.. they thought gold. They have no idea what they are in, anyway they have a lot of money to lose.

I am just being realistic, calvin depends on Najib ( don't have much faith in this )... to me kbunai is a pure goreng counter. kbunai already have such a huge vol past 2 days, meaning a lot of contra players already in. They either take profit, cut loss or bank force sell when they cant pay up. Better play safe, sell first and talk later.

Looks like cannot go up anymore, there are many people buying on contra basis, T+3 payment is looming. Most of these people have no money to pay up, selling will be heavy by end of today and starting tomorrow hell break loose... force selling is expected. No point buying now, better sell and buy back cheaper when it drop to 6sen again.

oh no!!! too many contra players stuck in kbunai...I better run first before force selling for those T+3 players who cant pay up. Remember this is pure goreng,