Posted by fortunebullz > 2015-06-01 22:56 | Report Abuse

Due respect to Mr. Koon, i doubt he understand about Asiapac! The revaluation is on Imago mall and it's conservative value to nta! The yearly income from Imago mall alone is expected around rm70 millions! So i doubt Mr. Koon gone deeper into Asiapac! Asiapac is not a sole developer but own a huge mall like IGB, Ecofirst and many more! Do differentiate the tree from the forest! I begin to doubt Mr. Koon ability!Furthermore unlike other developers, Asiapac already sold out most of their projects! They are amidst of completing pre sold projects!
You should however worry for the bigger developers like SPsetia, Ecoworld, ksl, Uems! Basically they are sitting duck unable to do much to turnaround their projects to medium range properties!

Posted by mahorse > 2015-06-01 23:25 | Report Abuse

Re Mr Koon's statement on Hua Yang that it will take 7 years to complete the development of the land before profit can be realized , I thought that developers recognized profit based on progressive billings . Therefore , even if the whole piece of land is completed over 7 years, profit will be recognized over the duration of 7 years . Correct me if I am wrong .

Posted by davidkkw79 > 2015-06-01 23:27 | Report Abuse

Holland koon ?

Posted by fortunebullz > 2015-06-02 00:07 | Report Abuse

I never invested in Huayang but i can say, from all developers, Huayang is the least to be worried about! Huayang involved in landed properties and some of their condos projects are in Selangor unlike bigger ones that put too much in Iskandar! I feel weird why these least affected developer Huayang and Asiapac single out by Mr. Koon! I am worry for those developers putting to much pipe dream projects in Iskandar! It's going to bust!

Posted by KopiPeng668 > 2015-06-02 01:01 | Report Abuse

等它爆吧，时机的问题～

Posted by bracoli > 2015-06-02 05:50 | Report Abuse

Thanks umcle koon for sharing.

Posted by bracoli > 2015-06-02 06:01 | Report Abuse

Otb and koon can predict future one based earnings.. Dont woli...

Posted by murali > 2015-06-02 06:15 | Report Abuse

My purpose of writing this article is to help you improve your investment skill.

hmmmm...........The standard of this writing?? Hmmmmmmmmmmmmmmmmmmmmmmmmmmm

Posted by murali > 2015-06-02 06:19 | Report Abuse

But Koon will always find his supporters, no matter what he writes....Personally, I think Koon Koon's investment skill is as good as CPTeh....but nobody bother to bird CPTeh.....

Posted by Chinaboleh > 2015-06-02 08:39 | Report Abuse

If he is not good in the past how can Mr Koon become so rich.

Posted by murali > 2015-06-02 08:48 | Report Abuse

Super Lucky Investor?

Posted by murali > 2015-06-02 08:50 | Report Abuse

Super Con Investor?

Posted by murali > 2015-06-02 08:51 | Report Abuse

Or May be he sold Mudajaya, IJM, Gamuda etc and made big $$$$?

Posted by murali > 2015-06-02 08:52 | Report Abuse

From his past few year sharings here I also dont know why....

Posted by rlch > 2015-06-02 08:57 | Report Abuse

There are many reasons. Booming stock market, right stock pickings and taking profit or cut loss(something i3 forumers lacking, they only shout to buy but got take profit?) when necessary.

Posted by gray > 2015-06-02 08:57 | Report Abuse

good in the past doesn't mean good in the future...... bad now doesn't mean bad in the future....

Posted by murali > 2015-06-02 08:58 | Report Abuse

Understand Koon Koon is now a major shareholder of Liihen...look forward to his Warrent Buffet level sharings on Liihen soon...stay tune...get your chairs ready n clap clap clap...

Posted by murali > 2015-06-02 09:00 | Report Abuse

Koon Koon is good now mainly thanks to OTB lah...you can see OTB's finger prints on all his stocks now...VS, Latitude, Hevea, Homeritz, Liihen etc...

Posted by murali > 2015-06-02 09:02 | Report Abuse

Except Naim, I think Koon Koon spotted this counter and asked OTB to do FA n Ta on it...then both bought at around RM3 and become OTB's only loss making counter in his portfolio

Posted by murali > 2015-06-02 09:17 | Report Abuse

The old man is sneaky, whatever he did here sure comes with a motive...ada udang di sebalik batu....certainly not "My purpose of writing this article is to help you improve your investment skill"...

Posted by rlch > 2015-06-02 09:17 | Report Abuse

If base on past 2 years of Mr Koon appearance in i3 he seem to favour consumer over property stocks. If ask earlier on his stock pickings(which amass him so much wealth) I do not know.

Posted by murali > 2015-06-02 09:20 | Report Abuse

Rich,in the past 3 years I think he favoured Plantation Stocks much more than any others..until he found OTB, now mainly on export orientated furniture stocks

Posted by murali > 2015-06-02 09:20 | Report Abuse

I knew Koon Koon well....

Posted by murali > 2015-06-02 09:29 | Report Abuse

Ks55, another sour grape? or another loser who lost money in Rsawit,Jtiasa or Mudajaya??

Posted by murali > 2015-06-02 09:30 | Report Abuse

To all Koon Koon's supporters, can you all come out with some better arguments then the above 2??

Posted by murali > 2015-06-02 09:38 | Report Abuse

To ask people to buy at high level while himself is sitting on hugh paper gain is certainly no angel lah

Posted by murali > 2015-06-02 09:40 | Report Abuse

Got conflict of interest....legally not wrong but morally not right...

Posted by heng1991 > 2015-06-02 09:40 | Report Abuse

maybe mr koon talking about short term investment (for the coming 2~3 years)..but landbank is limited resource and demand is always there. From my point of view, i c no reason for property price to fall

Posted by murali > 2015-06-02 09:41 | Report Abuse

I oredi told u his investment skill is as good as CPTeh...

Posted by 360Capitalist > 2015-06-02 09:45 | Report Abuse

Hi Murali.. Mr Koon made at least RM80mil to RM100Mil from Supermax alone

Posted by murali > 2015-06-02 09:47 | Report Abuse

Dont know why..just like Calvin, when they got good tips, they bought low low and diam diam n then told everybody how much they made after they sold....

Posted by murali > 2015-06-02 09:48 | Report Abuse

But I think that is still ok to boast around...but now no so good loh...ask people to buy high when they wanna sell high (or sold high)

Posted by murali > 2015-06-02 09:58 | Report Abuse

Is Koon Koon our Malaysian Warrent Buffet? Hmmmmmmmmmm.......but I personally think he deserves to be Malaysian Ting Hai....He believes whatever he did in I3 is with noble intention, helping people to learn investing etc....

Posted by Christensen > 2015-06-02 09:59 | Report Abuse

Property collapse sooner or later
No one can predict
Hopefully the same cycle in 2008 can repeat

Posted by murali > 2015-06-02 10:04 | Report Abuse

But why he keeps on doing the same trick? Asking people to buy VS n Latitude at this level now while he is selling his cheap stocks(or oredi sold high?)

Posted by murali > 2015-06-02 10:05 | Report Abuse

Once Koon Koon cease his tricks I shall cease fire...if not pls bear with us (Koon Koon n I)...

Posted by Christensen > 2015-06-02 10:07 | Report Abuse

Of course everyone is worry about it because most people had invested heavily in property
They defend themself even harder if any bad news arise
No matter what they wanna debate about
The time will show us the truth

Posted by 360Capitalist > 2015-06-02 10:08 | Report Abuse

Hi Mr. Murali.. This forum is just for us to share our views. Mr.Koon is not forcing us to buy so don't be so emotional. We must make own decision and take our own risk and not to blame others.

Posted by Christensen > 2015-06-02 10:09 | Report Abuse

I had heard recently there is many unsold unit still pricing at a horrible price
Those who purchase recently will be the one who fear the most

Posted by densim8 > 2015-06-02 10:10 | Report Abuse

fortunebullz...how do you derive the Income of Imago Mall of RM 70m ?...It that INCOME NETT ?.....

Posted by Christensen > 2015-06-02 10:24 | Report Abuse

if the klse drop further to let's say 1200 point
I believe most high end property will be traded at big discount

Posted by Christensen > 2015-06-02 10:30 | Report Abuse

Of course for klse to drop to 1200
I can see a lot of stock also will be traded at the even lower
That is all investor loss in the market
Is it the end of the days?
Cash is king!

Posted by chyokh > 2015-06-02 10:38 | Report Abuse

i don't give a damn if all the property speculators jump from their empty condominiums. they are the scum of the earth and the lowest form of human life.

Posted by speakup > 2015-06-02 10:52 | Report Abuse

if property sales slow, next to slow are furniture stocks, because furniture stocks are laggard to the property sector. only when property complete will house buyers buy furniture.

Posted by Christensen > 2015-06-02 10:53 | Report Abuse

I will feel sorry to my friend who had just purchase a high end condominium of his dream
It cost a million for about 1000 psf
And he think it is a good buy

Posted by speakup > 2015-06-02 11:06 | Report Abuse

Christensen, if buy to stay is ok, if buy to flip..... sorry lah.

Posted by speakup > 2015-06-02 11:06 | Report Abuse

last few years, many ppl buy property to flip as if they playing shares.

Posted by fortunebullz > 2015-06-02 11:47 | Report Abuse

I have keep up with Mr. Koon since JTiasa and Mudajaya! I was sceptical then! You dont't recommend JTiasa if you know palm oil demand and price is weak! You don't recommend Mudajaya when MCA at it's weakest! Recomending VS and Latitud at high price is a big no no to any respectable analyst! And now Mr. Koon can't even tell a tree from a forest when he wrongly quote Asiapac as sole property developer without knowing why the revaluation of Imago mall recently included in it's book! I am sorry Mr. Koon, but you have much to learn!

Posted by speakup > 2015-06-02 11:55 | Report Abuse

relax! not be too tough on an old man.

Posted by AzerothJr > 2015-06-02 11:56 | Report Abuse

I don't know about other people. But i know from my own experience that when you read and learn from others you need to also think by yourself not plainly only listening to others and follow them. If one just follow others trying to take the easy way without doing own research or study then when you win i say you're lucky. If you lose then I will say you deserve to pay the tuition fee cause one did not make own research and plainly following others only. Always remember different folks have different strokes, in maths there is no same answer for all question just same method for all question. It is the methodology / fundamentals that is important but always in stock people seems to want easy way give me the answer which is the price and end up losing money / paying tuition fee with maybe their life savings.