Thanks mr KYY for the great analysis, so your next TP for VS is rm 5.30? Are you buying into YSPSAH as well? Are you still holding Latitude? What is your opinion on Latitude as the share prices had dropped to 1 month low of RM5.63?
thank you KYY, i bought 50k shares last month with a avrg price below 4.00, since next 2 quarter is their peak period for keurig sales, i will hold at least until December..... hope the price will raise to RM 7.00 on that time....
Ah Koon like that one, Vs drop he hide but Vs go up he come out make another promotion. How many times to promote Vs? How about Latitud and Insas? Hide again?
you have many admirers and detractors. Sometime I jumped in to whack you as well (no regret, no apology, most of the time you deserved it)
I have to say that your stock picking skills sucked. In my opinion, you have a very narrow circle of expertise.
If you reviewed what you have recommended in the past, your investment was focused on the few areas that you are familiar with - plantation and construction.
You gave a lot of justifications on why those industries are good (long term demand for palm oil is good, blah blah blah). In actual fact, you were behaving like a "katak bawah tempurung" (I am saying this as a matter of fact, and not meant to be disparaging).
As such, you were always playing with the same few toys (what a pity for a rich kid) : RSawit, FGV, Jayatiasa, Mudajaya, Naim, etc and didn't pay attention to the remaining three thousand companies listed on Bursa.
As we all know, your performance has been (or should I say, "used to be") disastrous.
But, as you are spiralling all the way down, you bumped into somebody called OTB.
It turned out that OTB's investing strategy works (at least for the foreseeable future, just in case anybody feels the urge to debate with me about the merit of long term investment).
That is where I need to give credit to you - business instinct gained from decades of involvement in corporate world told you that this could be the right horse to bet on, that you should discard your old way and trust this new adviser to guide you.
In a dramatic turnaround, you are back with vengeance, exit from PN17 and is now heading towards (once again) financial success.
Well done, Uncle Koon. I congratulate you for rising as a phoenix from the ash. To be specific, I salute your ability to recognise your past mistakes, changed course and adapt to a new and ever changing world.
p/s : despite the kind words, I reserve the right to whack you when I dislike what you do. Have a pleasant Sunday
Icon....good to see people like you who are not hypocrites. Yaa..royals also can 'whack'..politician also can 'whack'.. and most importantly..ordinary man also can 'whack'! :)
Today is Sunday! Been to Church? If not visit www.chick.com
Lots of Investment ideas from the Bible.
In Psalm 104:26 the phrase "THERE GO THE SHIPS" describe VS current movement.
VS = The "VIKING SHIP"
There are 3 methods ships are powered by. No. 1 - Wind. No. 2 - Human Strength & No.3 - Internal combustion by coal, oil or solar power.
No 1 - Ships powered by Wind.
In ancient times ships were powered by wind. The favorable wind of earth's circuit (See Ecclesiates Chapter 1) have enabled sailing ships to travel far and wide.
So a Company like VS has received a booster by the strength of the US Dollar & weak ringgit. VS has moved up due to favorable wind.
No. 2. Ships powered by Human Effort using Oars. In the days of the Vikings they also use human strength to power their ships. The more pair of hands equal more power. See the dragon boat race. It is powered by human energy! The more hands mean more power. Heave Ho! One, two and three! Heave ho! One two three! The dragon boat races ahead! All by human effort!
Ha! This is what we call "Piling On Effort". The more OTB & Mr. Koon write and recommend VS to others the more people pile into VS. And VS moves ahead in greater speed. Why not? Twin power of wind cum human effort!
No. 3 - Ships Powered By Internal Combustion
Today most Ocean liners are powered by Internal combustion. The Oil consuming ships can sail against the wind. Ships that are powered by sail cannot go against the wind. Same for those powered by Human strength. From November to March the fishermen from Kelantan, Trengganu & Pahang dare not go out to the dangerous waves of the North east Monsoon.
Sooner or later VS will run into a storm some day, some time.
Will VS still power on then? The wind direction might change suddenly.
I think by then the many pairs of hands that have joined the Viking Ship will be in deep trouble. So while the sky is still clear and the sun is still shining better sell VS into strength. It is better to go for the exit door while people are still merrily partying in total oblivion to danger. When everyone is rushing for the exit later the resulting stampede must crush some timid people.
And for Mr Koon who cannot exit Xinquan but must pass those shares to his children he might have to do the same for VS some day.
So the Viking Ship (VS) is nice and enjoyable while it is still sailing smoothly.
Enjoy your ride. Only don't get caught in a coming storm.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RosmahMansur
2,870 posts
Posted by RosmahMansur > 2015-06-28 07:18 | Report Abuse
Thanks mr KYY for the great analysis, so your next TP for VS is rm 5.30? Are you buying into YSPSAH as well? Are you still holding Latitude? What is your opinion on Latitude as the share prices had dropped to 1 month low of RM5.63?