warchest

warchest | Joined since 2015-04-23

Investing Experience Advanced
Risk Profile Moderate

i'm nibbling now because of its value

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User Comments
Stock

2018-09-07 08:45 | Report Abuse

Revenue dropped significantly. Higher profit before tax because of RM25 mil fair value gain. One-off item. And a lot of timbers being kept by authority for tax purpose.

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2018-09-06 17:27 | Report Abuse

He won't feel anything ! he screwed up all the shareholders and warrant holders, now at Maldives with his GFs

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2018-09-06 11:54 | Report Abuse

lucky i sold the last time when KYY promoted this counter. not at high but blessing in disguise. See Hengyuan dropped from RM19 to RM6. All his counters all share the same fate. none is good for holding

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2018-09-05 08:22 | Report Abuse

Tell me for the last quarter - (i) which quoted shares they invested for RM50 to RM60 mil (ii) why they did not declare any dividend to the shareholders?

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2018-09-05 08:21 | Report Abuse

Stock raider, if u wanted to contribute please contribute your investment ideas. Don't lick the cock of the CEO

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2018-09-05 08:19 | Report Abuse

Stock raider must be his low paying marketing executive to manage the CEO image in i3 forum. Sadly, how come someone like him know that the CEO is creative, intelligent, innovate & integrity. Need to talk facts and figures and not coming out with your assumptions. So far the CEO is getting pay blindly just like a puppet by owner since so far no positive developments in the Company. Probably, just like acting CEO till the owner get a capable one. Don't talk cock here

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2018-09-04 17:47 | Report Abuse

If he don't have the brain to expand, suggest to pay all the cash as dividends to the shareholders

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2018-09-04 17:46 | Report Abuse

Personally, the CEO of the Company needs to have an industrial experience and track record in managing the similar business. I don't understand why the owner hired this guy and subsequently, the Company was badly managed. Anyway, he is more of sales guy in the investment bank. Doing more of talking more than execution from the all the researches that i did in his linked-in. From the last quarter results, almost RM50 to RM60 mill was invested to quoted shares. Come on, this is not a fund management company and in the past the Company did badly in few of their investments. He should concentrate to expand on the resin business than putting all the cash in the quoted investments. All these are the money of the shareholders.

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2018-09-04 17:15 | Report Abuse

who is this stockraider. Sound like a joker and keep praising this young incapable CEO

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2018-09-03 14:54 | Report Abuse

License can be revoked by the state of government if they found that there was a corruption in getting the license. Always the case in the past. Just check their office at Sandakan and see whether operation is still there

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2018-09-03 14:26 | Report Abuse

they got conned by the company

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2018-09-03 14:11 | Report Abuse

and delay of submission after completion of rights issue showing that something hanky panky happening to this company

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2018-09-03 14:10 | Report Abuse

this is a conman company. most likely this company under an investigation on the lodging issues under previous government.

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2018-09-03 10:23 | Report Abuse

JAKS KYY has alot to sell. if his intentions to sell than 60 cents is possible

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2018-09-03 10:14 | Report Abuse

lol this all dying liao . Probability sifu, where all the crack spread analysis ?

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2018-09-03 10:04 | Report Abuse

tune will never get a premium in any part of the insurance sector. they don't have any advantages aside from their affiliation with Air Asia Group

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2018-09-03 10:02 | Report Abuse

I do not think Tune makes money money out of motor insurance policies. their customers services are horrible (just google and check their reviews) and the claims are very troublesome. Personally, Etiqa insurance did very well in this motor insurance sector and customer services top notch

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2018-09-03 09:16 | Report Abuse

ez6699 when OCK building something their financials will turn from good to bad

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2018-09-02 21:23 | Report Abuse

U see the constructions in around KL city. All the drainages undergoing construction. And now Titiwangsa Lake closes. All are still ongoing

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2018-08-31 10:27 | Report Abuse

Those sifus actually they are college students, just evaluating the company based on the book. They don't have business experience to judge. No worries, we just learn from real sifus

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2018-08-30 17:30 | Report Abuse

the sentiment all destroyed of the current government. Index is merely manipulation but see all the counters. dropping like crazy

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2018-08-30 11:01 | Report Abuse

those financials, prospects of OCK are craps

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2018-08-30 11:01 | Report Abuse

Nothing we can do now, except for praying. Is a tough luck, tough luck

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2018-08-30 11:00 | Report Abuse

Dedicated "Sound of Silence" to all OCK shareholders including me !

Hello darkness, my old friend
I've come to talk with you again
Because a vision softly creeping
Left its seeds while I was sleeping
And the vision that was planted in my brain
Still remains
Within the sound of silence
In restless dreams I walked alone
Narrow streets of cobblestone
'Neath the halo of a street lamp
I turned my collar to the cold and damp
When my eyes were stabbed by the flash of a neon light
That split the night
And touched the sound of silence
And in the naked light I saw
Ten thousand people, maybe more
People talking without speaking
People hearing without listening
People writing songs that voices never share
And no one dared
Disturb the sound of silence
Fools, said I, you do not know
Silence like a cancer grows
Hear my words that I might teach you
Take my arms that I might reach you
But my words, like silent raindrops fell
And echoed in the wells of silence
And the people bowed and prayed
To the neon god they made
And the sign flashed out its warning
In the words that it was forming
And the sign said, the words of the prophets are written on the subway walls
And tenement halls
And whispered in the sounds of silence

Stock

2018-08-29 09:38 | Report Abuse

there are many companies like that, talk big here and there. Big projects, prospects but cannot see profitability. It is our responsibility to raise our concerns to those non-performing management team. Same as what the new government doing on those heads of GLCs

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2018-08-29 09:23 | Report Abuse

All of those shareholders here, got screwed up by the MD. those warrant holders on the brink of hell now. Better put all the monies in the FD

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2018-08-29 09:20 | Report Abuse

we can deny that OCK indeed did badly. Ventured into Vietnam, than Myanmar, Philippines etc. Than said will build recurring income, build how many towers. But where are the profits, recurring incomes. Always make many reasons to justify on non-performing performance. In the coming AGM, as shareholders let's raise our concerns to them. This company loves to talk a nice growth story but all indeed as good as fairy tales. I don't blame those promoters as they are not the insider and believe all their hearts and souls on this Company and hoping it will perform. But the management seriously need to start focusing on on profitability growth and not building building but no profits.

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2018-08-28 17:45 | Report Abuse

Need to talk facts and numbers, not simply promoting this counter

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2018-08-28 17:41 | Report Abuse

no wonder , bad results

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2018-08-28 08:47 | Report Abuse

Commendable performance. Tracking from the prospects section, seem like going forward bigger results coming

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2018-08-24 11:31 | Report Abuse

Up so much already from 30 cents to 41 cents

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2018-08-23 17:17 | Report Abuse

Hi Eric8888 - for every warrant u need to fork out RM7.96 to get a mother

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2018-08-20 13:55 | Report Abuse

in comparison to Sam and low's remuneration packages already almost RM2 mill vs RM850 k tota net buying. small amount

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2018-08-20 13:51 | Report Abuse

Not much Garry, Sam and Low in total net buying is 1,165,800 shares (almost RM850k) since Jan 2017. that's very small number

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2018-08-20 10:35 | Report Abuse

guys be mature in investments. don't be afraid to admit mistakes. that's how we learn. not by finding 101 ways to justify that we didn't make a mistake ! Warrent Buffet also admitted that he made a mistake in his investment in Tesco. Hence, no need to be shameful that all of us actually did some mistakes in OCK. to me, so far OCK is more of the MD's glorified trophy

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2018-08-20 10:18 | Report Abuse

why still missing the hooker after many nights and still worshiped her like a goddess. U have a good wife at home.

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2018-08-20 10:12 | Report Abuse

i admitted i lost in OCK-wa. my cost is 26 cents but i learned to move on. so far i don't see the need to top-up cause profitability growth is not there.

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2018-08-20 10:11 | Report Abuse

is like a hooker, for short term satisfaction. not real wife that will bring u real wealth

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2018-08-20 10:10 | Report Abuse

I can tell u, this OCK is more of vanity, not sanity

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2018-08-20 10:10 | Report Abuse

Move on, we can said that this is a failure investment. Better spend money to invest those semi con industry if u like new age investment

Stock

2018-08-14 10:55 | Report Abuse

I believe SOS will understand how the share price of OCK will move. not on no. of towers, not on JV, not on revenue but growth in profitability. All those no. of tower, JV, partnerships or revenue are vanity but profits are sanity. We need to show good growth in profitability

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2018-08-08 15:12 | Report Abuse

so far all the growth in profitability is just a small incremental. that's why even market bullish, this counter will still sleep

Stock

2018-08-08 15:11 | Report Abuse

this company only can go up not because of expansion in number of towers. the only way this share price to go up is showing good growth in results. high profitability. that's the only way !

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2018-08-07 12:42 | Report Abuse

another con job warrants

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2018-08-07 12:42 | Report Abuse

Dec 18 expired. Already as good as expired

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2018-08-02 16:02 | Report Abuse

KYY and his wife have much larger holdings than the founder at approx. 9%. 2 times of cash-call. RM50 mill of performance bond. Property business in loss-making. Vietnam power plant business profitable due to accounting but cash flow? Outflow but no inflow till completion which will take years. All these what they tell u! Judge, judge

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2018-07-27 11:09 | Report Abuse

@sosfinance - When u consider the repayments of the borrowings in the future basically the current EBITDA is not sufficient. The repayments will come later depends on how the terms negotiated in their loan facilities. EBITDA of RM100-RM120 mill for now is merely a projection but it will change from time to time. We need to take account of rising staff cost (incl. high directors packages in relative to the profitability). In summary, we need to consider few factors (i) whether they can achieve the profitability and cashflow that they projected (ii) future repayments of the loans (iii) how they can contain the rising staff cost. So far, these cause some worries. Hopefully, they can do something about these

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2018-07-27 10:52 | Report Abuse

But OCK is not Alibaba, Amazon or Google. Investors willing to throw money to these founders these companies even is just ideas. Just ask any investors outside and u will know.

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2018-07-27 10:51 | Report Abuse

@VF Trader - Not that CMY didn't want to invest in Alibaba but because it was not his core expertise investing in companies like Alibaba. Khazanah has a big team evaluating many corporate proposals for startups / tech companies at the same time. Khazanah invested at later stage because they finally saw the traction and profitability from the Alibaba's business model.

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2018-07-26 18:09 | Report Abuse

what is the point of seeing EBITDA if the financing cost is freaking costly.