Good morning bro CCH, thanks for sharing.

Good morning si cheh spidee, your translation is perfect.....for that I want to give you an A+ and 1000 likes :))
You are not only very smart and got class, you are also very "yau liew".

BTW, do you have any sister who are like you BUT still available??
Hahaha.........have a nice day.

Hey, after watching more closely, I think in term of build and physique, I look more like the one in black shirt.......or may be it's between the two.....:))

Thanks, spidee.
So, it could go both ways......no deal/prolong process
OR better offer.
So have to pray hard.....:))

Then I think I look more like the genuine one, cos I don't have round apples on my face........hahaha.

Now the face not genuine meh? Can't tell the difference.

Bro. cch, I don't quite sound like him.......But I'm ok at singing....used to be quite good.....used to be lah......haha.

Waiting for your reply, kancheong mah.....big amount leh.
Really got to go now, bye.

Thanks spidee.

spidee, Xmillion to XXmillion.....you are referring to our tycoon bro CCH isn't it?
Have you see the actual news on PRKCORP? so late already, don't able to get a copy or not.

@Tornado, we miss you lah.
The short answer is yes. But better wait a few more days to see if the selling is done with. No hurry, this is a ah pek stock and it's for long term, :))

spidee dear, are you pulling my leg on PRKCORP or have you got some reliable insider news??

Hi spidee, bro CCH, went out having a few drinks with friends and came back late last nite.
Spidee, your question on economy/interest rate is too complex for me lah, so I think it is best that I let our economist CCH share his view on the matter.....and I think he has given a very reassuring answer.....:))
Bro CCH, I think I share your observation that even though there was an outflow of fund but the overall impact on the market has been minimal. I think if there is no major crisis (something the market not expecting) happening, our market should be okay, even when interest rate rises next year cos i think it has already been discounted by the market. Like what happened to the tapering of QE.
Having said that, given that the big cap and index link stocks are at pricey level, I think the upside will also be capped. I also think that the shift to good/undervalued mid-cap will continue, stock like KSL will benefit esp now that it is in the radar of investor/fund.
In the next few months, if PRKCORP is successfully taken private, then I will have to relocate the fund currently locked there to somewhere else, that's when I might be buying KSL more aggressively. So I am actually hoping that it will NOT move up too much too fast.......haha I think spidee will kill me on this....:))
Got to go off now, to my mother's house.....to me Sunday is visit mother day. Bye.

spidee, are you sure you know how I look like?
Okay lah, give you a clue.....my physique is a perfect match to newdesk's. :))

Bro CCH, I share your view on the movement of the Dow last night.
Unemployment rate at a low 5.9%, bad for interest rate but good for profit.....and the market rallied.
If the market can move away from easy money and focus on growth, then market will not be in danger for big correction.
Hope you are right in your prediction. :))
So, are you preparing to sai lang on our darling?

spidee, bro CCH, having nice nice talk behind me......
You both got it wrong.....I'm just staying nearby....and don't think you two can go dating diam diam.......hahaha.

Why so quiet? Got home work mah? Must defend our darling when going thru tough time mah? you both never mind cos oredi so rich but I cannot afford to loose money mah.....so must work hard lor :))

Today, I'm feeling great....and I want to further share my 2 sen opinion on our Darling-KSL.
The correction these few days might have caused some uneasiness so I hope if I can help a little.
When you look at this stock, you should look at its "ingredient".
1)Undervalue in term of PE ratio and its assets.
2)It's strong management (from past records).
3)Its growth potential.
4)Its stable income (recurring + property dev.)

Why it didn't perform until only recently? OR what was its main weakness in the past?
1)The management used to keep a very low profile.
2)Access to info. by analyst have been difficult (that was why HLIB ceased coverage)
3)Investor no eye see due to no coverage by analyst.
4)No dividend for the past 3 years.

What has changed to result a re-rating and the current uptrend?
1)Management has opened up, they met analyst and held conferences.
2)They provide info on sales target and direction of the company (Kenanga initiated coverage)
3)They start to listen and reward shareholders (Bonus and divvy reinvestment plan)

But the current price is already double its 52 week low, it is still undervalued?
The answer is YES.
Because if the company has now done away its past weaknesses and it is operating like any other listed property stock, WHY SHOULD IT TRADE AT A DISCOUNT TO ITS PEERS !!
(For its fundamental, refer to attached Kenanga's research)

On the current correction, should shareholder be worrying?
The answer is NO.
We don't know why there was selling pressure (suspected to come from only few big boys). We don't know their game plan or may be they are locking in some profit after recent gain...we don't know.
But I always remember one good quote from Warren Buffet....he said if you are looking to buy into one good stock, you need not have to worry if the stock market will close down tomorrow and remain closed for the next 10 years.
Got the message?

Why I have confident that it will continue to be re-rated?
I think the current rally has helped to generate a lot of needed attention. A lot of new investors and funds have noticed this stock recently, and I'm sure those who did their homework will agree that this is not a goreng stock.
And smart investor/fund do not chase price, knowing very well that every gain will take time to digest, they will buy only when they feel that it is done with the correction/consolidation process.

HAPPY INVESTING !!
http://klse.i3investor.com/servlets/staticfile/245124.jsp

@stillaughing. Thanks for your big compliment......but I dare not accept what you termed as "one of the best sifu".....hahaha
But I'll gladly accept that you consider me as a generous gentlemen....and not out to con newbie....hahaha.
I share what I think is good for mutual benefit...hoping that we can profit together......:))
Anyway, thank you.

Hi spidee, muah muah you also....hahaha.

Bro CCH, welcome back, Thanks for your reply to mayren, 100% agree with you.

@mayren. Thanks for your righteousness. My brother CCH has presented better than what I wanted to say, so I want to keep it simple....thanks.
Do share with us more, if you can, so we will be able to learn from you.

Good night and sweet dreams......kiss kiss and hug hug.

spidee let's see how true is our new friend 128. :))

There were some panic from those who trade but overall I think it was moved by one big player.
But no need to worry lah.....fundamental is improving with these bonus and divvy plan......sleep well my dear newdesk.

newdesk, cannot sleep meh? Come, I'll fetch you for a drink. Tell me where. :))

The overall market is more important. If market is ok, it will trade near its fundamental when current gain has been digested.

Selling from 1 player does not matter cos eventually it will finish.
But if the selling was due to poor fundamental, then we should be worried, but it is not. so, when the voting is completed then the weighing will apply.......10 times PE means RM7......:))

spidee, I observed that it could come from only 1 seller.....reason unknown. But ppl do thing with a reason. I think it is still in play but we don't know their game plan. It also could be forced selling.
what it is, it's still an opportunity to buy cheaper.....as long as it is for long term, this short term selling does not matter.

newdesk said must not ask your age and weight......true or not??

spidee tonite no dinner and drinking session meh?

spidee, your tongue so sharp lah. I thought you got bluffed by our darling-KSL until don't know what to say oredi.....hahaha......but your mind still so clear lah, really got class!
You really so smart lah to contra off at 4.56.....can buy back again next week. Should be happy that you have another opportunity to buy cheap, isn't it? Next time when you buy or sell, tell us mah so we can follow and also make some profit.....:))

Hi newdesk dear, why so free tonite?

Cannot agree more with you bro CCH.
I will also be buying but only slowly......waiting to see if the selling will slow down.......we are long term, so no hurry.
See you next week, ya!

This must be 3rd class big boy......buy but no money to pick up....hahaha.
Must learn from 1st class ah pek......buy then go fishing........hehehe.

Durians Runtuh.........next week time to pick up durians....:))

Only 1 big player doing most of the selling.

I see, too simple a man to know how to appreciate.....:((

newdesk, I think spidee could be the opposite, because when I asked......she siam..................hahaha.

newdesk, this is the physique that every girl would dream to have.
Even at about 46, she looks like 26. :))

Wah.........hun sei kak lei.

BTW, what size? your size or the papaya size from your farm?? :))

So happy...........first time to receive muah muah and hugs from newdesk, a big thank you.
And same to you.........muah muah and hug hug.

At current price, it is trading at about 6 times PE on estimated 2014 EPS of 70 sen.......
For the coming years, I would like to highlight what Mr. Ku commented........."the KSL group is certainly set for a high growth trajectory going forward".

http://www.theedgemalaysia.com/business-news/310093-ksl-proposes-1-for-1-bonus-issue-dividend-reinvestment-plan.html

Regional market stabilizing/improving esp. Hang Seng.

http://klse.i3investor.com/blogs/kenangaresearch/61091.jsp

Hi everybody,
Bro CCH, very well said about the fundamental of our darling-KSL. I think some of the leng chai and leng lui also participated in the current correction, you must come back fast to share more of your ah pek kungfu so that they could have stronger hand. Hehehe :))

After the bonus split, it is only 2.25......so cheap!
Expected to complete in 2 mths, timing good for 3Q report (expected to be good), then the next wave.......3.00.....3.50?? :))

There are still selling pressure, as revealed by bro CCH, that it came from only 1 broker.....guess must wait for this selling to be absorbed b4 it can move higher........still got opportunity for those who miss to jump in. :))

newdesk, chuin sek wong lou ng no experience mah, no wonder she siam immediately..........hehehe.

No chance to buy a bride liao. :((

Bro CCH is back la, saying you were so smart to sai lang:))

Europe market dropped a lot leh......so is the Dow :((

BTW, what is your weight? :))

Busy pak tor until no time for our darling??