OTB does prove that he is a good investor and is always humble. I respected him and Kcchongnz for their views and knowledge. They also admitted if they have done any mistake. We all make mistakes, they make less mistakes and even admitted them. Having these people in i3 is a privilege for continuous learning n thought provoking. All to make us a better investor
Dear Murali, a suggestion of better approach, is for you to do some research on each and every company that recommended by other people, supported with facts and figures on your agreement and disagreement. This will prompt the formation of better investing community. The info will then be interpreted by individual readers and decide whether to buy or not to buy, to follow or not to follow.
I suggest you to do it NOW if you are on any disagreement to any new recommendation.
If you have done similar effort back in 2013 for mudajaya when cost "NEAR" over run was first detected, to now of over run by more than 30% of original cost, i believe that serve more positive purposes.
I am old enough and my money is enough for me to spend in my next life. You remember my classic statement? My intention is NOBLE. But I can't resist the taste of ikan bilis after eating for many years. I don't really care about money but but chasing anchovy is my hobby. You know it's like kind of....Yummy!
My followers? I don't know who is them. I only just they follow me because they want to take advantage of my VIP position. They intend to take money out of my pocket. Is their intention devil? You think I am so gullible meh? You must know share market (casino) is almost like zero sum game. You can't blame me when they are being too greedy (or naive) and neglect to cut loss. Congrad to those who successfully get some money out from pocket but remember nothing is forever. Don't be complacent. I would take back all from you in a fine one day . kikki
Anti-Koon's statement towards vs,liihen, latitude :
Koon promote at 4.00 - Price already peak, old man want to dumped ! Koon promote at 4.50 - Price already peak, old man want to dumped !! Koon promote at 5.00 - Price already peak, old man want to dumped !!! Koon promote at 5.50 - Price already peak, old man want to dumped la sial Koon promote at 6.00 - Price already peak, old man want to dumped Koon promote at 6.50 - Price already peak, old man want to dumped fxck Koon promote at 7.00 - Price already peak, old man want to dump!!!!!
today i find OTB is very funny too. Not his norm, but it sound like he made money type of happy. Don't quote me...i maybe wrong...it just sounds like he is happy and smiling today for some reason
Koon Koon has this kind of habit, he likes to sell when asking everybody to buy...
Posted by Koon Yew Yin > August 30, 2015 Unfortunately, CPO price started to fall in June or July 2014 when JT price went up above Rm 2.70. As I said before you must not hesitate to sell when the reason to buy is no longer valid. Of course I sold as quickly as I could.
Posted by Koon Yew Yin > Jul 7, 2014 10:06 AM | Report Abuse
Lohman, I appreciate and understand your comment. My main object in saying that I bought large amount of Jaya Tiasa and Mudajaya is to show my confidence in them, although it may sound like bragging. Can you imagine what the readers will say when the price of these 2 counters come down after I boasted? I will have to find a place to hide.
That why koon ask you guy buy more export company where he can reimburse his mistake in rsawit, jtiasa and mudajaya, but you guy choice not to believe him anymore ,on the other hand choice to hating and attacking, blame who??
Besides Murali, there are other clueless nuts like Timetokoon, CM, Tom, Up_down who are still holding Jaya Tiasa and Mudajaya. They continue to grumble, groan and mourning as if they have lost their beloved mothers.
I am a trader, a super trader. I buy big and sell big. I would treat a counter as investment when I don't have chance to escape ie Xingquan. It makes sense for a trader to swing up and down or left and right. You know how fishing work or not? My purpose is to make pocket profit in short period of time. That's why I love theme stocks. At my age, nothing is more interesting than playing poker game in the stock market to fill up my time. Don't come to blame me if you make any losses. It's your business. You must ask yourself why why why being so naive, stupid, gullible... Anyway, I offer you a tough experience reminding you in your life so that you would be smarter in future.
As I said when you buy I might be selling, so be careful. You buy at your own risk. Posted by Koon Yew Yin > Feb 7, 2014 08:57 AM | Report Abuse
kk122 and musang_foxking accuse me of promoting Jaya Tiasa aggressively so that I can sell at a higher price and take undue advantage of you small investors. As the bible says "The truth will set me free". If you cannot see the difference of a confidence trickster and one who is genuinely interested to teach you how to fish instead of giving you fish, I am sorry for you.
I know I have a special talent and experience to share with readers who are interested and help them make more money. In all the lessons, I often used JT as an example to illustrate why I dare to buy more than 40 million shares. I even told you that I bought 4.5 million JT on 31st Dec last year at Rm 2.04 from some desperate foreign funds who wanted to close their books.
As I said before statistics shows that fund managers cannot beat the market index and they cannot buy JT because it has very poor current earnings. But I look at JT as a businessman,
JT’s main business is timber. It has 2,400 sq kilo meter of forest which can supply all the required raw material for its manufactured products while competitors have to import logs. With this competitive advantage, JT’s profit is sustainable for a long time. The company has used all its cash flow to plant oil palms aggressively and also trees for reforestation. As a result, it did not show much profit but its 62,800 ha of oil palms has a market value more than twice of its market capitalization. It also planted more than 30,000 ha of fast growing trees. As a businessman I see this tree planting is like stocking raw material for its future use. Most people cannot see this point. In fact, tree planting can be a separate long term profitable business.
As according to its last annual report, the average age of its palms is only 5.6 years old. That is why it is not showing mush profit. But basing on its FFB production growth any investor with some imagination can foresee that its production will continue to increase, bearing in mind that palm will only peak at the age of 11 or 12 years.
I along cannot push up the price as you can see the daily volume. All my remiesers can vouch that I did buy to push up 11 sens, yesterday. A RHB chartist told me that the moving average has passed ?? line and it is the best time to buy.
A famous plantation analyst told me that he has been promoting JT to some local and foreign funds and they are beginning to buy. As I said when you buy I might be selling, so be careful. You buy at your own risk.
If JT cannot perform I will have no place to hide my face. As the bible say "The truth will set me free"
1.When did u realise that u were being played out by the Indian Partner in Mudajaya's case?
2.When did u start disposing yr shares?
3.Why u never bother to alert your loyal supporters such as Johnny Cash etc? The price was around RM1.80 in Dec 2014. If u could highlight these to your loyal supporters in Dec 2014 (after u disposed all yr shares n u are oredi safe for sure), u still can save their ass...
4.Do u enjoy seeing your supporters (those clueless nuts like Timetokoon, CM, Tom, Up_down) holding Jaya Tiasa and Mudajaya and continue to grumble, groan and mourning as if they have lost their beloved mothers???
Mr. Koon, I just joined your blog after reading the article in Malaysian Insider. I wish to commend you hugely on your wonderful philantrophy and a life well lived. I was reading your comments on VS, its last done on 2nd Oct was rm1.38. Can one still buy at this price especially after the split, and what upside do you anticipate in the next 6-9 months? Thanks!
Mr Koon, all 3 stocks has been around for some time now and they have not seem much action either until Jan'14. Forgive me but your timing seems impeccable.
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....
jester
852 posts
Posted by jester > 2015-09-25 09:55 | Report Abuse
OTB does prove that he is a good investor and is always humble. I respected him and Kcchongnz for their views and knowledge. They also admitted if they have done any mistake. We all make mistakes, they make less mistakes and even admitted them. Having these people in i3 is a privilege for continuous learning n thought provoking. All to make us a better investor