charles.....its the net net that counts....not afraid of individual mistakes.

charles

Jaks $2 just advanced a bit....coming sooner rather than later.

http://www.cnbc.com/2017/06/01/data-scientist-explains-the-secret-to-warren-buffetts-optimism.html

charles

A data scientist in his 20s explains the secret to Warren Buffett’s optimism..............

the same optimism that explains KYY success.

charles

is auditor expected to read the minds of everyone?

people no business sense, argue no point ....time will tell.

but Jaks and Sendai, will surely perform.

Jaks $ 2 is less than 6 months away.

the best part is Jaks just sit back and collect money.

let their partner who has done more power plants than anyone else in the world bring in the cash.......


great business model, great business sense.

Vietnam is not India
Jaks is not Mudajaya

now...that is definitely business sense, not maths.

ks


promise me you will jump down when Jaks cross $ 2 and Sendai cross $ 1.50?

kc

no business sense.....you cannot make money from stock market....probably cannot even do business......just stick to math teacher.

argue no point, kc

if you try to convince people that for a $ 2 billion IPP, the cashflow projections shows no money to make....provided the project is completed on time and according to schedule........no one will believe you.

the truth is...it is very profitable.

the mounting tension between Felda and FGV will lead eventually to the privatisation of FGV.

kc says....I have nothing to say if you think that you engage in a billion dollar power plant project, you do not need to get some figures to make a decision.

Well, I guess we are different. If you think you are right, be my guest.
============================


don't be so arrogant, kc.......armies of CFAs, accountants, and bankers have poured through the figures already and it took them a long long time.

business sense in relation to FGV.

of course, the government hopes FGV do well, then Felda being the largest shareholder also do well .

but when push comes to shove, socialist goals not compatible with capitalist goal....and Felda has objectives to fulfill.

There is mounting tension tension between Felda and FGV, my predictiion.....FGV will be taken private.

social goals not same as capitalist goals.

furthermore, they have wasted all the IPO money on overseas acquisitions.


just make sure a bit more bad news and lose a few more quarters,,,,I think it can be taken private at less than $ 1.50........

When push comes to shove, Felda is more important than FGV shareholders.


The government should really engage me as the master strategist...................

what business sense is, is difficult to teach.....but it is easier to say what business sense is not.....business sense is not a set of formulas, ........

same in the case of Sendai...taking in all the facts I know, latest results have not yet taken in the higher revenue, margins and profitability in coming quarters.

again, this means a good share to buy.

Maths teachers not much business sense.

That is true, not just this time.

When push comes to shove, Felda is more important than FGV shareholders.

posted in Jaks forum before, it makes business sense that the best share to buy is the shares of a company that has relative certainty of catalysts that will proper the share higher.....it is only a matter of time.

Taking a businessman approach to the stock market is not the most stupid thing in the world. it is probably the smartest thing in the world.
Stock market is short term , businessman is longer term. Businessman sleep well as long as rewards are great and odds are in his favor. 2 -3 years to double up isn't that long a time.

Among the catalyst to look forward to include....
progress in IPP picks up steam in an S curve as expected, resolution in Evolve Mall and Pacific condominium, Suke construction picks up, other IPP projects, new institutional shareholders, ..and of course, completion of IPP on schedule and according to plan.

every single one of the catalyst is a near certainty.

posted in Jaks forum before, it makes business sense that the best share to buy is the shares of a company that has relative certainty of catalysts that will proper the share higher.....it is only a matter of time.

Taking a businessman approach to the stock market is not the most stupid thing in the world. it is probably the smartest thing in the world.
Stock market is short term , businessman is longer term. Businessman sleep well as long as rewards are great and odds are in his favor. 2 -3 years to double up isn't that long a time.

Among the catalyst to look forward to include....
progress in IPP picks up steam in an S curve as expected, resolution in Evolve Mall and Pacific condominium, Suke construction picks up, other IPP projects, new institutional shareholders, ..and of course, completion of IPP on schedule and according to plan.

every single one of the catalyst is a near certainty.

The government should really engage me as the master strategist...................

just make sure a bit more bad news and lose a few more quarters,,,,I think it can be taken private at less than $ 1.50........

but Ahjib is greatest culprit.

social goals not same as capitalist goals.

furthermore, they have wasted all the IPO money on overseas acquisitions.

Felda to be taken private.

KUALA LUMPUR: Cumulative foreign net purchases year-to-date crossed the key RM10bil to reach RM10.14bil as the foreign buying streak has now stretched to 17 straight weeks, says MIDF Research.
Read more at http://www.thestar.com.my/business/business-news/2017/06/05/net-foreign-buying-on-bursa-crosses-key-rm10b/#MKeQ8tAMkWfem5RB.99

If still cannot make money, it is because maths not as powerful as business sense.

Jaks reaches $ 2 sooner rather than later.......now, that is good business sense.

the cash is real enough.....but as far as Chinaman is concerned, what is his is his, what is Xin Quan is also his.


CharlesT > Jun 11, 2017 12:47 PM | Report Abuse

Auditor cousin convinced koon that their cash was real n then koon convinced many here that cash was real....

the Edge just point out that the Xin Quan IPO raised $ 186 million from Malaysia...Chinaman wins big, that plus the rights issue.

People still talk about auditor. But this has nothing to do with auditor . The company did not go bankrupt. This is a multi year fraud to cheat money from Malaysian and then asset strip the listed company.

I will make appointment with Bursa to consult Bursa official on what actions I can take?
Thank you

yes , do that.

Malaysia needs an activist culture if the authorities sleep on the job.

conman wins in a no eye see culture.

I sold mine at 46...may buy back at below 40.

Jun 2016 quarter, they lost $ 9 million.................very easy to beat that.

don't forget, Petronas is the regulator as well as the competitor.

it used to be Petronas is so strict with Esso and Shell that even go to toilet also got to get permission from Petronas...

That is why PetDagangan get high PE while Shell / Esso gets low PE.


what is situation nowadays I don't know.

I don't go to Shell stations , I only go to Petronas stations.....what about your experiences??

I also don't think HRC shareholders will get much dividends...they are supposed to call a rights issue to finance the upgrading., which they promised.

Chinaman has found ways to make more money from the old refinery that Shell is not able to..............if you believe the share price.


so what changed??

Najib gave them a better deal and higher approved selling prices OR
I hear, in China the quality of the products very bad.....in the end,

consumers suffer.

controlled pricing is monopoly pricing.

its the setting of the selling price....you raider........


the margin.

raid


every country has different formulas for the industry.

go check Najib bank account.

If Heng Yuan makes more money than Shell.....the only possible explanation is the government has revised the pricing formula....and we the consumers are the losers.


go ask Najib, he should know.

Malaysia boleh land.

hhundreds of companies have been delisted in last 20 years.

Forensic investigations have been rare.

equally rare is minority shareholders ever getting back 1 sen.


No one has ever gone to jail for asset stripping.

all the assets will be stripped.
Malaysian directors one by one has resigned because no one wants to answer questions.
Office will be closed.

Only a shell is left in Malaysia

The operating companies are in China and they shall have new owners.

all the assets will be stripped.

nothing to see.

exactly my point....who is this accountant willing to sell his name to a 1 sen company for a few thousand $ a month? accountants nowadays cannot cari makan?



why? they got no pride or what?

jealousy is not the right word


aversion to marketing is the right word.

why so many Malaysian accountants join a 1 sen company??

accountants cannot cari makan these days?