Many people are wondering why I am buying Xingquan almost every day because the company did not give out much dividend and most investors do not believe its audited accounts. I shall write another article about this shortly.
If u go thru the latest annual report of Xinquan, u shall notice that Koon Koon and related party's holdings increased almost 100% from last year 's 6.67% to 12%+. I only based on the names of Koon Koon, Koon Cze Yan (Koon Koon's grandson??) n Tan Kit Pheng/ Tan Kit Yew. I think he may buy some under other's name as well.
By doing such down averaging, Koon Koon's cost could be ard RM0.70-RM0.80...I think he may post many articles later to promote this to you...then he can finally escape,even for a 10% gain...Another typical Koon Koon Systems (not Koon Bee...)
I have forewarned all u socai here...dont get trapped and later go to Koon Koon's threads to cry father cry mother and get teased as losers then...
But I am curious to know what kind of story Koon Koon will come out this time...How does Xinquan comply with his share selection golden rule???
"The one and only reason for me to own the above shares is because they all comply with my share selection golden rule which is the companies must be able to make more profit this year than last year. I believe their prices will go up sooner or later when they announced increased profits."
Last but not least, I sincerely hope that the cash is real and exist...Then Koon Koon can keep on buying the shares until he knocks off the China Boss....Then Koon Koon can do a capital return to distribute the hefty cash showed in their balance sheet....Then Koon Koon will finally becomes HERO and I will trust more Koon Koon System than KB...
In market, Koon and Bee is an investor, their very first goal is to make money. That is no obligation for them to helping you to make money, think twice.
Wow! 10.5M growth to 105M, within 5 years, this is unbelievable, but u better believe b4 it's too late! That is more than 60% capital gains per year. Within this short span of time he is better than Uncle Buffett. Time is a friend of a wonderful business, but an enemy of a mediocre!!!
Timetokoon - r u investor????????? Investor don't track stock performance by daily or weeks. Else uncle Buffett have to buy and sell many stock on daily basis
I update Koon Koon portfolio. He absent minded. last week no chin well. This week his chin well go up, magically appear. He avoid bragging about Johotin coz -25%, he want it to magically disappear. You can keep track Ah koon koon here. http://klse.i3investor.com/servlets/pfs/53120.jsp
I think koon koon is still buying xinquan....if koon koon has come to some consensus with the chinaconman then they may come out with some con plan such as bonus issues,split or free warrants to enhance the trading vol n to reward the loyal shareholders....then at the end koon koon still can laugh to the banks n write more articles on his successful investments stories on a china con stock....then u guys can cry father cry mother....
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Posted by bfstay > 2015-12-08 22:52 | Report Abuse
OTB recommendation works for me.
I follow his selection and buy when everyone is selling and I have made better return then following those research house.
Leave him alone and let him do what he does best: help us those who want to make money make more money.
Thank you.