Posted by Icon8888 > 2014-03-03 16:48 | Report Abuse

metalmonk, not new zealand lah. despite its anglo saxon name, New Britian is a small island off the coast of Papua New Guinea. Sorry I dont have further details on NBPOL

Posted by metalmonk > 2014-03-03 16:56 | Report Abuse

yea, its at papua new guinea. my geography not so accurate..
i think this also makes it harder to really see if a company will have real growth drivers and etc. Sometimes, there are just numbers in reports that we can't see.

Posted by thumxj > 2014-03-03 17:01 | Report Abuse

Yes, I have read it. Mr. Koon. It seems like a little bit more patience is needed before the recurrent income from power generation can come into fruition.

Posted by Koon Yew Yin > 2014-03-03 17:10 | Report Abuse

Icon8888, since I started posting articles on this forum about 2 months ago, I have never worked so hard ever since I retired as Director of IJM Corp 16 years ago when I reached the age of 65 years. I must say I always enjoyed writing and teaching people how to make money from the stock market. That is what I know best.

As you know, one of my investment philosophy is to think like a businessman who is always fearless, always look at how to take advantage of any situation to make more money. I want to encourage people to have the guts to invest if you have found a good stock. Don't be afraid. As I said fear is often the biggest obstacle to success.

Bearing that in mind, I should not write about the 1997/8 financial crisis and market crash just to frighten people unnecessarily.

Posted by Icon8888 > 2014-03-03 17:15 | Report Abuse

ha ha it is real funny... by saying that " I should not write about the 1997/8 financial crisis and market crash just to frighten people unnecessarily.", I can tell you must have gone through hell during 1997 / 1998...

ha ha ha please correct me if I am wrong...

Posted by Alphabeta > 2014-03-03 17:24 | Report Abuse

Dear Mr Koon, i understand that you have recommended to invest in Coastal Contracts a few years back but sold all your stake after the company earning growth suffer a beating when the company gave one off discount to loyal customers due to poor charter rate and intense competition.

Its order books then did not expand fast enough to feed rising revenue which have expanded in the region of 34% from 2008 to 2009 and 45% from 2009 to 2010. Its after tax profit for the same periods also grew 68% and 24% respectively. After that it was downhill all the way until recently.

Knowing Petronas is investing RM300bil in the next 5 years and Coastal will benefit from increasing order books for OSV in future once the marginal oil fields are operational.

The question i wanted to post here is why you decided to sell Coastal Contract. Is it because it suffered temporary setback on profit growth or there is no prospect to grow in the industry it is serving?

Posted by Koon Yew Yin > 2014-03-03 17:30 | Report Abuse

Icon8888, when stock market crash in 1997/8 or in the previous one, most small players will naturally get hurt. But rich people with a lot of surplus collateral, they could take advantage to buy more shares at cheap sale.

In 1983/4 when China wanted to take back Hong Kong, the stock market crashed. All my friends told me that I was crazy to buy HK shares when the communists would soon nationalize all HK assets. I made so much money that I eventually bought 46% of a stock broking company in H.K.

Posted by Fung Chee Fui > 2014-03-03 17:39 | Report Abuse

Icon8888, you sounded like a stocks-market veteran and it is my guess that your are not any small potato. Based on what you wrote and your starting date right after the 97/98 Crisis, I guess you have gained substantially in your net worth.

Mr Koon, I am also interested to hear your experience during the 97/98 Crisis and I think it will be very educational but not frightening. Anyway, it is your rights whether to write or not. You are already very helpful in sharing with us. :)

Posted by Koon Yew Yin > 2014-03-03 17:40 | Report Abuse

Alphabeta, yes Coastal was one of larger investment holdings a few years ago. I sold when the price shot through the roof and since then I have not been following its progress. I understand it is doing very well. Best wishes to you.

Posted by Alphabeta > 2014-03-03 18:06 | Report Abuse

I agreed with your recommendation and indeed it is a company which can manage its capex and borrowings well to sustain earning growth in the long run and deliver reasonable dividend payment.

What i admired most about the management is their courage to sink and swim with their customers. That is a plus point for long term support from loyal customers.

Posted by ktboo > 2014-03-03 22:25 | Report Abuse

Dear Uncle Koon, do you look at KSL? are this a good share? should I buy in the core-share or warrant KSL-WA? Thanks for your great sharing. appreciate.

Posted by Koon Yew Yin > 2014-03-04 00:20 | Report Abuse

ktboo, I do not know KSL well enough to advise you. You have to read my article to understand and check if KSL has the most important quality of making increasingly more profit in the next few years.

Posted by Eamonn9883 > 2014-03-04 00:35 | Report Abuse

Mr.Koon, need urban advice on Success Transfomer & BJ Food ? Do u still consider this 2 as a growing stocks ?

Posted by Icon8888 > 2014-03-04 10:49 | Report Abuse

Uncle Koon, I am going to do something that is very POLITICALLY INCORRECT for fundamental analysts like you and me. I am going to dip my toe in Technical Analysis.

I bought PJDev-WC at 31 sen in early 2011, it never moves until October 2013. Some of the members of this forumn went in EXACTLY at that point at 33 sen based on Technical Analysis (unlike me, who went in 2011 and held for three full years). They rode the big wave all the way to 80 sen and cashed out.

I am still sticking to my trial and tested way of picking stock based on fundamentals (everything we discussed in this thread). However, due to the recent exprience, I am intellectually very curious about Technical Analysis. For me, I have almost reached a plateau for fundamental analysis (cough cough, pardon me for making such a bold claim. I am just trying to illustrate a point), so it is time to poke my nose into something new and mysterious.

I am sure you must be sitting there shaking your head in disbelief...

Posted by Koon Yew Yin > 2014-03-04 11:08 | Report Abuse

Icon8888, if you know technical analysis, you can use it to guide your move after you have identified a fundamentally good share. That is the best combination. Together with the advantage of margin finance, you will be laughing frequently to your bank.

You cannot do this method if you have a full time job, working for some body. I think you are not a professional. You are just like me.

If you are holding on a full time job, the best way is to buy fundamentally good shares and hold.

Posted by Icon8888 > 2014-03-04 11:28 | Report Abuse

Sounds like you are not totally adverse to technical analysis ? You don't think it is a total nonsense ?

Posted by Koon Yew Yin > 2014-03-04 11:49 | Report Abuse

Although I do not know technical analysis, I can appreciate its usefulness. It can help you to decide buy, hold or sell.

I think you are just like me, not a professional.

Posted by Michael Teng > 2014-03-04 12:09 | Report Abuse

Dear Mr YY Koon,

Thanks a lot for your insightful articles.
I am always looking forwards to your new writeups.

Stay healthy and best wishes always.

Once again, thanks !

Posted by Icon8888 > 2014-03-04 13:43 | Report Abuse

Uncle koon I am just an ordinary working class. Occasionally I made some money from stock market

Posted by Optimus1 > 2014-03-04 19:39 | Report Abuse

I believe Uncle koon is good in catching big trend. those stocks he mentioned in his past articles. Mpi, supermax etc. was riding on mega trend.
uncle koon do not advise u the day to day trading stocks. becos his angle is from Longtrend. I hope I m right. for Longtrending stocks or megatrend stocks. with or without TA. u still make a fortune. all the more u should not move in and out of a longtrending stock.

Posted by charlie chia > 2014-03-04 21:31 | Report Abuse

Uncle Koon
How about Sumatec which is a new baby now
can collect for future
need yr advise please

Posted by upsidedown119 > 2014-03-04 23:32 | Report Abuse

I am a shorttermer. Long term, are are all facing our Creator - Keynes.

Posted by gray > 2014-03-05 00:42 | Report Abuse

How long term is long term? beyond generations ? can i bequeath the shares to my next reincarnation?

Posted by charlie chia > 2014-03-27 22:26 | Report Abuse

Uncle koon
any good advise on Sumatec
Need yr expertise

Posted by Koon Yew Yin > 2014-03-27 22:53 | Report Abuse

Charlie chia, why can't you see that Sumatec has been losing money in the last few years. Please read this article again carefully.

Posted by charlie chia > 2014-03-27 23:52 | Report Abuse

Noted on your points
But now I am looking at it from a new born baby
which is cheap now

Posted by johnny cash > 2014-04-02 18:47 | Report Abuse

Changes in Director's Interest (S135)



Wednesday, 2 Apr 2014

6:16PM WTHORSE Liao Yuan Shun (1,500,000 units Transferred)
6:16PM OCK Ooi Chin Khoon (339,500 units Disposed)
6:15PM WTHORSE Teo Kim Tay (1,071,200 units Transferred)
6:10PM WTHORSE Teo Kim Lap (1,511,200 units Transferred)
6:09PM BOILERM Wong Wee Voo (96,000 units Disposed)
6:03PM KIANJOO DATO' SEE TEOW GUAN (150,000 units Transacted)
5:51PM CHINWEL Lim Chien Ch'eng (6,250 units Acquired)
5:40PM MMODE Ahmad Shukri Bin Abdullah (20,000 units Acquired)
5:35PM PERISAI Dato' Dr. Mohamed Ariffin Bin Hj. Aton (10,000 units Disposed)
5:35PM IHH Tan Sri Dato' Dr. Abu Bakar Bin Suleiman (24,000 units Acquired)
5:34PM IHH Dr Tan See Leng (10,055,000 units Acquired)
5:30PM DATAPRP Muhammad Fauzi Bin Abd Ghani (100,000 units Acquired)
5:29PM OSKVI Dato' Nik Mohamed Din Bin Datuk Nik Yusoff (20,000 units Disposed)
5:25PM MUDAJYA Yong Yee Coi (100,000 units Disposed)
5:24PM POHUAT TAY KIM HUAT (50,000 units Acquired)
5:14PM KNM Gan Siew Liat (12,000,000 units Transacted)
5:14PM KNM Ir Lee Swee Eng (12,000,000 units Transacted)
5:14PM PRTASCO Dato¿ Mohd Hanif bin Sher Mohamed (19,000 units Disposed)
5:13PM YINSON LIM HAN WENG (12,200,000 units Transferred)
5:09PM VOIR Ham Hon Kit (400,000 units Transacted)
5:09PM VOIR Wong Seow Mooi (33,466,533 units Transacted)
5:09PM VOIR Dr. Mohd. Amir Sharifuddin B. Hashim (4,959,529 units Transacted)
5:09PM VOIR Seow Khim Soon (33,466,533 units Transacted)
5:08PM VOIR Lee Yuet Sum (66,666 units Transacted)

DIRECTOR KEEP ON SELLING ON MUDAJAYA

Posted by johnny cash > 2014-04-24 20:23 | Report Abuse

http://klse.i3investor.com/blogs/rhb/50808.jsp ----- MUDAJAYA

at last the TRUTH is out no wonder ex director was selling..want to buy CAR ha......

mind games ha

Posted by johnny cash > 2014-05-27 18:39 |

Post removed.Why?