I am shocked to see so many egoistic commentators as if they are making making profit when AYS dropped from 91 sen to close at 52.5 sen within 1 month. How can anyone make money when the price dropped so rapidly???. Can you explain how could you make profit???
What is the use of boasting when you are still so poor???
If you are really smart, please point out my mistakes in each of my articles on AYS so that we can discuss logically for the benefit of all the readers.
I am not ashamed to admit that I have to sell some of my holdings to meet margin calls. I hope it has dropped to rock bottom.
Koon Yew Yin

I have been buying AYS the whole day long. I have been queuing 1.4 million to buy. Unfortunately very few shareholders sold to me. Please sell to me tomorrow. Why don't you follow the price chart? It is down trend, you should sell. I hope you can make me richer.
Koon Yew Yin

ctvelu, you must read my last article carefully to understand what I did. I have posted many articles to tell all investors that I sold all my stock holdings about 2 months ago when Hiap Teck price was about 70 sen and now I tell every investors including ctvelu that I have started to buy back at cheaper price. You are angry with me because you did not sell at higher prices and you don't have money to buy at cheaper prices.

I am proud to admit I am already 88 years old and not many people can live a happy contented life. Almost all my contemporizes have passed away already. Recently I have given 100 scholarships to help poor students. I have also stated in my WILL that all my remaining assets will be give to charity. I am proud to mention that I was a co-founder of Gamuda, IJM Corporation, MBNR, Rubberex, Mudajaya etc

ctvelu I hope my comment here will help you make some money. You must check your track record to see why you are still so poor. If you shut your big mouth and open your eyes you can learn more things.
Koon Yew Yin

I just I rang Leon Fuat tel. 03-33753333 and Hiap Teck tel. 03-337788888. Both these companies are closed. Last week, I also did the same and found that both these companies were closed. You can ring up to verify what I said. If they are closed for so long, they cannot report increased profit in the next few quarters.
Even if they can produce steel and steel products, construction companies do not need them because all their construction works have stopped. Just open your eyes you can see there are so many construction works are in a stand still.
I just rang Dennis Tan, Secretary General of Master Builders Association, Malaysia to confirm what I just said. You can call tel 6019-3316282 to verify what I just said.
Among all the stock selection criteria such as NTA, cashflow, dividend yield, debts or healthy balance sheet, the most powerful catalyst to push up share price is profit growth prospect.
All the steel companies do not have profit growth prospect.
Investors must not buy any steel stock which does not have profit growth prospect because when it reports reduced profit many smart investors will rush to sell their holdings.
As all investors know that all steel companies have reported increased profit for the last quarter ending March 2021 and they are selling at PE 2. They are undervalued based on their previous profit.
Unfortunately, many less informed investors are buying them based on their previous quarterly profit. They are undervalued and look very cheap but they will remain cheap until they can report increased profit.
Investors should wait to see their next quarter result which will be announced before end of August. Patience is the key for successful investment. Koon Yew Yin

I just I rang Leon Fuat tel. 03-33753333 and Hiap Teck tel. 03-337788888. Both these companies are closed. Last week, I also did the same and found that both these companies were closed. You can ring up to verify what I said. If they are closed for so long, they cannot report increased profit in the next few quarters.
Even if they can produce steel and steel products, construction companies do not need them because all their construction works have stopped. Just open your eyes you can see there are so many construction works are in a stand still.
I just rang Dennis Tan, Secretary General of Master Builders Association, Malaysia to confirm what I just said. You can call tel 6019-3316282 to verify what I just said.
Among all the stock selection criteria such as NTA, cashflow, dividend yield, debts or healthy balance sheet, the most powerful catalyst to push up share price is profit growth prospect.
All the steel companies do not have profit growth prospect.
Investors must not buy any steel stock which does not have profit growth prospect because when it reports reduced profit many smart investors will rush to sell their holdings.
As all investors know that all steel companies have reported increased profit for the last quarter ending March 2021 and they are selling at PE 2. They are undervalued based on their previous profit.
Unfortunately, many less informed investors are buying them based on their previous quarterly profit. They are undervalued and look very cheap but they will remain cheap until they can report increased profit.
Investors should wait to see their next quarter result which will be announced before end of August. Patience is the key for successful investment. Koon Yew Yin

Only time can tell who is right and who is wrong. MCO is affecting the movement of everybody and listed companies. That is why I have cashed out of the stock market. Covid 19 cases in Malaysia is still surging. Many experts predicted that the pandemic will not be fully under control for at least 1 or more years. As a result, almost all the listed companies will not be able to report increased profit in the next few quarters. Some of them will report losses.

As an investor, I want to make sure my decision to cash out from the stock is right or buy back shares which are on cheap sale. I just rang Leon Fuat tel 03-33753333, Hiap Teck tel 03-33778888 and Choo Bee tel 03-32918822 and I found out that all these companies are close for business. As a result, all these companies will report reduced profit in the next few quarters. I will not be surprised if some steel companies report losses. Whether you buy or sell does not affect my pocket because I have sold all my shares. Good luck to all my critics for keep buying shares.
Koon Yew Yin

Only time can tell who is right and who is wrong. MCO is affecting the movement of everybody and listed companies. That is why I have cashed out of the stock market. Covid 19 cases in Malaysia is still surging. Many experts predicted that the pandemic will not be fully under control for at least 1 or more years. As a result, almost all the listed companies will not be able to report increased profit in the next few quarters. Some of them will report losses.

As an investor, I want to make sure my decision to cash out from the stock is right or buy back shares which are on cheap sale. I just rang Leon Fuat tel 03-33753333, Hiap Teck tel 03-33778888 and Choo Bee tel 03-32918822 and I found out that all these companies are close for business. As a result, all these companies will report reduced profit in the next few quarters. I will not be surprised if some steel companies report losses. Whether you buy or sell does not affect my pocket because I have sold all my shares. Good luck to all my critics for keep buying shares.
Koon Yew Yin

Only time can tell who is right and who is wrong. MCO is affecting the movement of everybody and listed companies. That is why I have cashed out of the stock market. Covid 19 cases in Malaysia is still surging. Many experts predicted that the pandemic will not be fully under control for at least 1 or more years. As a result, almost all the listed companies will not be able to report increased profit in the next few quarters. Some of them will report losses.

As an investor, I want to make sure my decision to cash out from the stock is right or buy back shares which are on cheap sale. I just rang Leon Fuat tel 03-33753333, Hiap Teck tel 03-33778888 and Choo Bee tel 03-32918822 and I found out that all these companies are close for business. As a result, all these companies will report reduced profit in the next few quarters. I will not be surprised if some steel companies report losses. Whether you buy or sell does not affect my pocket because I have sold all my shares. Good luck to all my critics for keep buying shares.
Koon Yew Yin

Yesterday RHB circulated buy recommendation with a target price of Rm 1.63 for Tomei. Ngeow Yee Ling of RHB bought 1,171,400 Tomei shares for me yesterday. You can call 015-2493279 for confirmation.

Tomorrow you can sell your Tomei shares to me tel 017-5577822. I am will to to pay a few sen more
Koon Yew Yin

At the close I que 500,000 shares to buy. Why no one wants to sell to me. If you have Tomei shares please call me 017-55 77822 or contact RHB 05-2794287 so that you can sell your shares to me. You can also call HLIB 06 2559110 for Dato Ng Eng Hock so that you can sell your shares easily.
Koon Yew Yin

I wish to take advantage of this opportunity to boast or to shame myself. I was a co-founder of IJM Corporation Bhd. In the early 1980s, we had a road construction contract from the Sabah government. The road went through a neglected oil palm plantation. All the palm trees were half dead. The government offered to sell us the whole estate at Rm 700 per acre with all the workers quarters free of charge. We bought the whole estate and we bought additional land at Rm 700 per acre. We employed Velayuthan Tan to take charge of the plantation. He is a younger brother of Tan Sri Krishnan Tan who is currently the Chairman Of IJM Corp.

We continued to buy more land and constructed a palm oil mill. Eventually we listed the company namely IJM Plant Bhd.

The total issued shares is 880 million shares and IJM owned 52% of the total issued shares which is about 458 million shares. A few days ago, KLK made an offer to IJM to buy up all the 52% of the total issued shares at Rm 3.10 per share. The total transaction is worth Rm 1,420,000,000. The share was selling below Rm 2.00 before KLK's offer. Unfortunately I sold all my shares long ago. Shameful
Koon Yew Yin

You can read my article if you click Leon Fuat is the most under-valued stock in Malaysia - Koon Yew Yin. It is the best stock to buy in Malaysia

Last traded price for Poh Kong is 93.5 sen and its latest quarter EPS was 2.96 sen.
Last traded price for Tomei is Rm 1.34 and its latest quarter EPS was 9.93 sen. Tomei is a much better stock to buy.

Hi,
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My sole intention for posting articles so often is help investors to make more money. Investors should read my 3 articles namely Aluminum and Steel prices are rising, Today Basement Cheap Sale and Profit Growth Stocks.
I don't need you to buy to push up the share prices to make me richer. In any case, the daily traded volume is tens of million shares, if you buy or not will make no difference.
Koon Yew Yin

I regret to see that a few people commented that they should sell Tomei because I posted my article namely "Tomei shot through the roof". I must thank you for selling your shares to me. Today RHB bought for me 1,875,800 Tomie shares. You can confirm what I said by ringing RHB Mr Mok 05-2493279.

My intention for posting articles so often is to help investors to make more money. I don't need you to buy to push up the share price to make me richer. You must read my article carefully to understand why I bought so many Tomei shares.

Based on today's trading, the anticipated right issue which is expected to be announced soon has been discounted. It looks like the worst is over. Only rich funds have so much money to buy all the tens of million shares. It is most likely the price will continue to go higher and higher.
Koon yew yin

LilyLL, Talkonlymeh, Raging lord, Bullish and 684780829 who are promoting Ekovest and IWCity must open their eyes to see that there is an oversupply of properties in every town and city in Malaysia. Based on their recommendation of Ekovest and IWCity, I am sure they are losing a lot of money. They must examine their track record to see why they are doing so badly. Obviously, they do not know my share selection golden rule. They must have sold all their Dayang shares to buy Ekovest and IWCity. Dayang has gone up more than 20 sen per share in the last few days and the chart shows that the uptrend will continue tomorrow.
Koon Yew Yin

My purpose for making this comment is to teach you how to select growth stock to make money. I am not asking you to buy Dayang to support the share price. Whether you buy or sell will not affect the price because the daily volume is tens of million shares. For example, today 92 million shares transacted with 17 sen increase in price.

I have posted many articles to encourage readers to buy Dayang because it complies with my golden rule for share selection. It has reported 2 consecutive quarters of increasing profit and its projected PE is less than 10.

I remember in my first article I said I was buying when KWAP was selling. Since then its price has gone up more than 200%. Until yesterday, I was slowly accumulating. Even today, I did not sell because I believe it can easily reach Rm 2 with a few months.

I am happy to see only 2 critics namely rr88 and Dcmh who have sold Dayang so early. I am sure they are leaking their wounds.
Koon Yew Yin

I refer to Veron_teo's remark. I am not so dishonest to sell Dayang when I have posted so many articles to encourage readers to buy. Please see my latest article in which I complain to Securities Commission about the 3 investment banks downgraded Dayang to sell. They must have colluded among themselves to publish the articles on the same day 19th March which caused the price to plunge 24 sen. I suspect they depressed the price so that they can buy at cheaper prices.

In any case, whether you sell or buy it does not affect the share price because the daily volume is tens of million shares.

Koon Yew Yin

Since the price has gone up so rapidly, day traders are selling to take profit with the hope of buying back at cheaper prices. The price correction in the last few occasions have been very mild and soon after the corrections, it continues to shoot higher and higher. As a result, many day traders dare not admit their mistakes to buy back at higher prices and they would miss the chance to make a lot of money.

Its last EPS was 10.13 sen. Many smart investors with foresight can see the next quarter EPS should be higher than 10.13 sen. That is why the daily volume is tens of million shares bought by cash-rich institution investors. Even if the next quarterly profit has not increased, the share price should be at least Rm 3.00.

I am writing this to warn day traders not to trade in this case of Dayang. Remember the daily volume is tens of million and whether you buy or sell does not matter to me.
Koon Yew Yin

As I said many a time no share can go higher and higher continuously for whatever reason. After sometime day traders will sell to take short term profit. But day traders have to be careful in the case of Dayang because the price corrections in the last few occasions were mild. The price dropped 6 sen is a healthy sign. After the price dropped a few sen, it shoots up again.

Mr Ooi Teik Bee openly told all his followers that he made a mistake in selling too early and had to buy back at higher prices because he believes Dayang can easily go up higher than Rm 2.00.

Day traders must be careful because my target price of Rm 3 is easily achievable. I advise you to read my articles on Dayang. Remember whether you buy or sell does not matter to me because the daily turn over is tens of million shares.
Koon Yew Yin

I am so touched by so many people expressing their gratitude for recommending really good stocks to buy. Recently I recommended Carimin which gained 300% within 3 months. As soon as I saw Dayang's announcement on 22 Feb that its EPS was 10.13 sen, I started buying it at 60 sen per share. Within 2 days the price shot up to 80 sen and I immediately posted my 1st article in which I said I dare to buy because it complied with my golden rule for share selection despite aggressive selling by KWAP.

My next article called Dayang's flight is delayed by KWAP. My next piece called Dayang's flight path is clear and the next article called Dayang: what is my target price?. My last article called Dayang's rapid rise defies gravity.

A few senseless critics like paperplane keep criticising me for recommending Dayang which has too much debts and he misses the chance to make a lot of many. Among all the criteria such as NTA, cash in fix deposit, good cash flow, debt etc, the most important and powerful catalyst to move share price is profit growth prospect which is my golden rule for share selection.

He must know my golden rule for share selection to make money from the stock market. I will only buy, when I see the company reports 2 consecutive quarters of increasing profit, provided it is still selling below P/E 10.

It is very important that all readers must check the shares they are holding to see if they comply with my golden rule.
Koon yew yin

As you can see, the price correction is very mild, up and down a few sen, which is a very healthy sign of a growth stock, similar to the last few occasions.

I wish to advise day traders not to try to make money from Dayang because the price corrections are always very mild. If you sell and hope to buy back at cheaper prices, you will be disappointed.

Good luck, Koon Yew Yin

As you know, I have posted a few articles to recommend buy on Carimin and many people thanked me for giving them Aug Pow for the Chinese New Year.

Please be informed that I have sold all my Carimin shares to buy Dayang.
Koon Yew Yin

The time is 11.25 am and Dayang has gone up 9 sen with 28 million shares changed hands. I know many shareholders sold yesterday to take profit because they expect to buy back at cheaper prices. They are disappointed because the price keeps rising.

Many of them will not admit their mistake to buy back at higher prices. Soon they will regret when they read my article in which I mentioned that my target price of Rm 3 is easily achievable. Koon Yew Yin

Like pang72, I also like to learn from Dcmh how to make money by short selling Dayang when it went up 18 sen last Friday and another up 18 today. Dcmh must have lost a lot of money.
Koon Yew Yin

Dcmh is a big boaster cock. He has been telling people not to buy Dayang because it is not good for a long time. He has no shares to sell. Unless he sell short. He can only make money if its price drops. I believe Dcmh will lose his pants.
Koon Yew YIn

Dcmh is barking like a mad dog, discouraging readers from buying Dayang. Obviously, no one believes him. That is why the price continues to shoot higher and higher. Of course many expect the price to correct because it went up 18 sen or 18% on last Friday. As I am writing this, 46 million shares changed hands after 1.35 hours of trading with a gain of 11 sen per share.

I posted my 1st article on Dayang a few weeks ago, it was selling at 60 sen per share. That can only mean many readers excluding Dcmh believe me and they are laughing to the Bank.

This is my last comment of DCMH. I don't want to waste my time on this idiot.
Koon Yew Yin

Tan KW, I must thank you for taking a video of my talk at i3investor bloggers seminar yesterday and posted the link. I appreciate your constant support.
Koon Yew Yin

Dcmh continues to criticise Dayang. His last comment is that Dayang does not give out any dividend. He does not know that among all the criteria such as dividend yield, NTA, cash flow, health account with cash in fixed deposit etc profit growth prospect is the most powerful catalyst to move the share price. That is why he does not own any Dayang share.

Please show us the share that he owns and how much dividend yield he is getting. Did you attend my talk yesterday at the i3investor bloggers day?
Koon Yew Yin

Posted by Dcmh > Mar 1, 2019 07:52 AM | Report Abuse

Ijm current directors all hate kyy

Dcmh must be a big idiot to say that IJM current directors hate me. When I was on the board, Krishan Tan was only an accountant and we appointed him as CEO. Under his leadership, IJM grew speedily to become one of the leading conglomerates. As a result, he was awarded a Tan Sri. I was offered a Dato Sri but I declined the offer. You can verify this if you call Krishnan 0123327614.

You all must know that Dayang is flying with no more head wing ahead. I cannot be selling and Dcmh has no money to buy to push up the price.
Koon Yew Yin

Dcmh and upshare, you said that I post my articles on Dayang to push up prices so that I can sell. I wish to prove to you and all readers that is not true. I was a co-founder director of Mudajaya, Gamuda and IJM Corporation. I am quite wealthy and I don't need to use my investment skill to cheat.

The following is a computer notice of my purchase of 600,000 shares. I dare to buy even when I know that KWAP was selling aggressively.

hlebroking@hlib.hongleong.com.my 4:31 AM (34 minutes ago) to me

Client code / name : 000281605 281605 Contract No Contract Dt Stock Code Price Quantity Amount Remisier
B902PG04864400 26/02/2019 DAYANG 1.0033 600000 603966.54 RNE

Koon Yew Yin

Dcmh & upshare must be idiots to say that I am selling after I posted my article to push up the price. You small little idiots holding only a few shares will not make any difference whether you buy or sell because the daily volume traded is tens of millions. You don't seem to understand all the articles I posted regarding Dayang.

I have been buying every day including today and you can verify by ringing my broker Dato Ng Eng Hock or Ms Yau of HLIB Ipoh, tel 05 2559110.

You can also ring Mr Ooi Teik Bee tel 011-12813880, to verify that I bought some Dayang today.

Koon Yew Yin

KWAP has been selling Dayang aggressively and many shareholders also follow to sell. Despite this aggressive selling, the price is still going up steadily. My purpose of posting my article "Dayang's flight is delayed by KWAP" is to teach investors to understand human behaviour. It is hard to understand why KWAP also places such a huge volume to sell. A clever way to sell is to place less than the number in the queue to buy.

I still see a few idiots saying that when I post my buy recommendation, I want to sell. In this case, they must realise whether they buy or sell does not make any difference because the daily traded volume is tens of million shares.

Koon Yew Yin

A few people including BatuHitam who posted his article “Exposing KYY’s nonsense” on i3investor. They are angry because they must have bought it when the price has already gone up a lot. They are so stupid to buy at its peak and they blame for misleading them.

Fortunately, many of my smart followers who have bought it earlier were thanking me for giving them ANG POW for the Chinese New Year as you can see their comments from i3investor.

BatuHitam must not forget this expensive lesson. The price has gone up from 28 sen to 93 sen within 3 months. Why should these stupid idiots buy at the peak price?
Koon Yew Yin

As I said many a time before, no share can continuously go up for whatever reasons. After some time it must correct. In the case of Dayang it shot up 22.5 sen or about 28% from 79.5 to Rm 1.02 yesterday and it dropped 6 sen today. Many day traders must have sold to take profit and Kwap would have taken the opportunity to sell because they even sold at 50 sen before.

Based on its recently reported profit, it is still very cheap and I can not find a better share with such a good profit growth prospect, selling PE below 10.

I am writing this comment to help you think logically like a serious investor. Whether you buy or sell, it will not make any difference because the daily volume is a few tens of millions.
Koon Yew Yin

When I posted my article "Dayang will fly on Monday" there were many Doubting Thomas. Fortunately, Dayang shot up from 79.5 sen to close at Rm 1.02, an increase of 22.5 sen or 28%. At the close there 2.2 million queuing to buy at Rm 1.02 and 300 queuing to sell at Rm 1.03. Total 152 million shares changed hands. As I said, my intention to promote Dayang is honourable. Whether you bought or sold it could not make any difference because the volume traded was so huge.

Based on these figures, it is most likely Dayang will continue to go higher tomorrow. Good luck
Koon Yew Yin

Windy and pussycats, you are telling everybody quote " i just don't want potential investors to get con by KYY because i think this old man has become a ruthless syndicate con man after he lost his fortune in JAKS. KYY needs volume in Dayang shares in order for him to liquidate his position and exit with a profit". What you are saying is not to buy Dayang so that I cannot sell my holdings so easily.

You must be joking. Open your eyes to see the daily volume exceeds 30 million shares. If I want to sell, I don't need you or your followers to buy it tomorrow. I will be buying tomorrow. If you do not believe me, you can call my remisier Dato Ng Eng Hock or Ms Yau of Hong Leong Investment, Ipoh tel 05-2559110.

I might have lost a lot of money by buying too many Jaks with margin finance, but with my investment skill, I am confident to make back some of my losses. Carimin and Dayang are my major holdings and my average cost per share is much lower than their current prices.

All readers must read my article " Fundamental Stock Selection Criteria" which I have just sent for posting on i3investor. You can read it on my blog: koonyewyin.com.
Koon Yew Yin

Many people pointed out Dayang's account is very bad and they do not believe its price will drop on Monday instead of shooting up as I believe.

Among all the criteria such as NTA, cash flow, debt or cash in bank deposit etc the most powerful criterion that move share price is earning growth prospect. My golden rule for selection is the company must report increasing profit in the last 2 or 3 quarters. Otherwise, I will not buy it. For example, share prices of many cash-rich property companies will remain depressed because they do not profit growth prospect.
Remember, cash-rich companies will not give simply their cash to shareholders.
All investors must read this to know what is the most important criteria to consider. In fact, investors must know that cash-rich company means the management does know how to use its cash to do more business. Efficient companies always have some bank borrowings.
Koon Yew Yin

Please open your eyes to see that its 1st quarter EPS 6,30 sen and 2nd quarter EPS was 3.15 sen. Although I posted an article to promote it before, I sold all my shares as soon as I found Carimin and Dayang. I will not buy back until it can show an increasing profit. I must say it is a good company with great potential.
Koon Yew Yin

Dato Nik,
I refer to my last comment which is "Hibiscus announced its 2nd quarter EPS 3.15 sen yesterday and many so-called experts said that its profit is more than 4 time its corresponding profit last year. You must remember its 1st EPS was 6.3 sen. Why is it showing reducing profit?

Since it does not comply with my share selection golden rule, I will not buy it now.

Fortunately, I sold all my shares a few months ago when I discovered Carimin and Dayang."

I make a mistake to say that I sold a few months ago. I sold my shares as soon as I discovered Carimin and Dayang. I have no intention to mislead anybody. In any case, the daily volume is so large that whether you buy or sell, it will not affect the share price.

The price chart shows it has been flat for quite some time. Its 1st quarter profit was Rm 100 million and 2nd quarter was Rm 50 million.

I am not telling you to buy or sell.
Koon Yew Yin

Hibiscus announced its 2nd quarter EPS 3.15 sen yesterday and many so-called experts said that its profit is more than 4 time its corresponding profit last year. You must remember its 1st EPS was 6.3 sen. Why is it showing reducing profit?

Since it does not comply with my share selection golden rule, I will not buy it now.

Fortunately, I sold all my shares a few months ago when I discovered Carimin and Dayang.
Koon Yew Yin

Carimin's 1st quarter EPS was 5.01 sen and its 2nd quarter result will be announced before the end of February. Due to the North East monsoon raining season, the company might complete less maintenance contract work. As a result, it is likely to report less profit. Clever Shareholders should be able to foresee this happening.
Koon Yew Yin

Just based on the huge daily traded volume and price corrections were so mild, many people already knew the next quarter result which will be announced before the end of the month. It looks like the next quarter result is the same or better than the 1st quarter. That means 10 EPS for half year and 20 sen for the full year. For a cash-rich company, it should sell at least P/E 10.

You must remember, many people were involved in the account preparation and they would have told their cronies to buy.

Koon Yew Yin

All investors must remember that it is not the failure that holds you back; it is the fear of failure that paralyzes you. From my experience, after I lost Rm 64 million in buying too many shares with margin finance, I was not afraid to buy Carimin as soon as I saw its 1st quarter EPS of 5.01 sen when the price was about 30 sen.

Even when I saw the directors and substantial shareholders were selling, I was not afraid to continue buying Carimin. Fortunately, the price is going higher and higher. I hope readers will take note of what just wrote.
Koon Yew Yin

I do not regret selling all my shares in Jaks with a huge loss. My mistake was that I bought too many shares with margin finance because I expected the company to make a lot of profit every year for 25 years after the completion of the 1,200 MW coal power plant in Hanoi, Vietnam.

But I overlooked the company's huge borrowing for its property development business. Until it can sell some of its properties, the company will continue to report losses due to interest charges for the Bank loan which you can see from the last quarter result announcement. I can foresee the company will continue to report losses for the next 10 or more quarters until the company can sell some of its properties. Remember, it will sooner or later have to report the Rm 25 million loss for the late completion of the Star development project.

What will the shareholders do when they see the company report losses before the end of this month?

From my previous experience in building coal-fired power plants, it takes about 1 year for testing and commissioning before the plant can achieve its full working efficiency.

My sole purpose of writing this is to help investors think logically. As I do not have any more shares, whether you buy or sell I am not concerned. Koon Yew Yin

Fortunately, I was forced to sell some of my shares when the price dropped from Rm 1.83 to Rm 1.30 on 22 July last year as I reported. The more I was forced to sell, the more the price would drop- thus creating more forced sell. Forced selling is a vicious cycle. Luckily, I sold all my shares.
I can only pity all the people who are still holding their shares. You have to open your eyes to see the latest announcement. The top management awarded themselves with free shares.

I notice commentator qqq3 comments most frequently. He must be a big shareholder of Jaks. Good luck to all the shareholders.

I must say, God works in a mysterious way in directing me to look at Carimin's 1st quarter announcement 5.01 sen per share at end of November last year when the price was about 30 sen. Immediately started to buy with all my available funds. I even sold 2 pieces of land fronting the Meru Golf course to buy more Carimin share. In the last few trading days, an average of about 15 million shares changed hands. It shows that many institutional investors were buying so aggressively as if there is no more tomorrow. It shot up so rapidly. It went up more than 100% within 2 months. The last traded price was 72 sen,
Koon Yew Yin

As you know, I have posted my buy recommendation. My senseless critics always said to sell when I call to buy. Now they are leaking their wounds. Those who believed me are laughing to the bank.
Koon Yew Yin