1 April 2015, VS Industry announced that it planned to issue around 10% shares via private placement. I would say this is a good move as if it raised them at a good (high) price, would be beneficial to the company. If however, it was issued at below what its value should be, then a bad move. 10% comes to about 20 million shares.
That private placement was completed sometime around June 2015 with 20.58 million shares issued (as below Table 2). (It was issued at RM3.83. Recently, the stock was split into 5 shares hence the placement by today's price should be RM0.69. At its latest trading price of RM1.55, the buyer should stand to earn a handsome 1.25x. Not bad but to sell some 10% or more assuming the largest shareholders would like to sell as well is not an easy task. It will need small shareholders to believe in the stock.)
Remind of me of time Ah Koon want to sell his Xinquan
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.
Do you expect Mr KYY to just hold his shares and never sell? Did he ever force you to buy his shares? Did you do your homework before buying his shares? Are the companies he recommended are indeed good companies? If you want to buy shares, there must be sellers. I don't see anything wrong if you buy from Mr KYY.
You make your own decision. You take your own risk. This is stock market where you earn by taking your own risk. Not donation club.
Fact is I just bought one of his shares. Well, I bought before I found out he also had it in his portfolio.
I do agree with Speakup. At least Koon Koon helps you to make some donation...better than kena conned by Ter Poh Yee, CWC, Raymond etc...think positive....
I foresee there will be the usual few stupid critics who will say some rubbish to annoy me. In fact, my wife and a sincere friend, my confidant advised me not to post any more articles about my investment prowess. But I believe my articles will benefit many more people than the few critics. My advice to those critics is that they must look at the mirror and ask themselves why they are still so poor.
Koon koon said it is your fault that you are poor because u never listen to him. Praise to koon koon, the almighty in Bursa. Don't ever doubt him and one day maybe he might wan to know you like beloved Desa. So, what are you waiting for, just by FLBHD CHINWELL XINQUAN VS LIIHEN LATITUDE and keep. U are the next millionaire.
Ah Koon modus operandi, buy low very very very quietly like FLBhd 1.40 push up to 2.44 and write dozen article for you to buy from him. No wonder his buyers continue to remain poor.
Posted by noobnnew > Feb 23, 2016 10:12 AM | Report Abuse
Koon koon said it is your fault that you are poor because u never listen to him. Praise to koon koon, the almighty in Bursa. Don't ever doubt him and one day maybe he might wan to know you like beloved Desa. So, what are you waiting for, just by FLBHD CHINWELL XINQUAN VS LIIHEN LATITUDE and keep. U are the next millionaire.
Posted by timetokoon > Feb 23, 2016 10:16 AM | Report Abuse
Ah Koon modus operandi, buy low very very very quietly like FLBhd 1.40 push up to 2.44 and write dozen article for you to buy from him. No wonder his buyers continue to remain poor.
I think they are happy to make the donations and remain poor...like those in Tibet...they are financially poor and spiritually rich...and they are happy...
Everyday Desa come to I3 to worship Koon Koon and kena gang raped by many here...but he seems to be very happy..eventually he gets acknowledgement and invitation by Koon Koon to have lunch together..
Before Almighty Koon Koon open church in i3, most of wise investors were rich and knowledgeable. After brainwashed by Priest Koon Koon, all reduce to stupid idiots.
Most importantly, after u bought the shares and made the donation u just keep quiet...dont complaint and make noise here...or else u will become stupid idiots in the eyes of Koon Koon
If you loss your capital and try to reprimand Koon Koon, he will remind you who is the stupid idiot.
stupid ones will lose money. As money cannot come down from the sky, the smart investors’ profit must come from those losers. Those who have been losing money must really change their stock selection method and also their mindset. They often criticize what I write to show that they are clever.
Of course vs is good buy like jaya Tiasa then. Many ppl don like him becos he recommended buying J Tiasa and even engaged Dali's help to promote until Dali lost his reputation!
Investment should be depends on independent thinking and own analysis. For those that rely on others TIPS to buy share you might end up wounded badly. However, you got no one to blame but yourself. If Koon Koon is so noble like he said, why don't he just write good analysis report like Icon or teach investment skill like KC instead of just writing article to promote share. It is always better to teach a man how to fish than give them a fish.
When koon koon come to i3 to promote a certain stock...he oredi sitting on at least 50% paper gain....what will he do next?let u all the stupid idiots to make money from him?or let the shares price drop n he get margin calls??
Dear Mr Koon Thank you for your advise. I bought into FL Bhd average 2.23 when the price came down. As expected FL announced EPS 30c for 2015. PE only 8-9x
I don't own VS but I believe the price fall was justified. Just for sharing purposes. At the end of December, VS traded at RM 1.57 and the new warrants came into effect. At RM 1.57, VS had a basic market cap of RM 1,811.3 million based on basic weighted average number of shares outstanding of 1,153.7 million in latest QR.
If what Mr. Koon said is true, and VS still has much upside, then market will price in the diluted effect of warrants. So, a 1-4 dilution should cause approximately 4/5 or 20% drop in price to see VS trading at RM 1.26. Of course... market overreacted and anyone who get in lower than this price is a bargain deal. I don't consider the cash call from warrant exercise yet because it is still out-of-money due to investor's prudence. Investors won't convert warrants at this price, but they might have already priced in the dilutive effect should they become in-the-money; hence VS valuation will include dilutive effect, but not the cash it gets from conversion.
I find it mind-boggling that there are numerous of you who continue to bash KYY.
KYY does NOT promote any stock. He is merely sharing.
Had those sore-loser critics bought VS last year, they would have made a lot of money. Instead of learning from the missed opportunity and gem of investment knowledge shared, they continue to be sore-losers. And will remain so for the foreseeable future.
"Great minds discuss Ideas.Average minds discuss events. But Small minds discuss people"
We must realize KYY is the richest among us, holding more than 10 million shares, far more than all of us, small investors. KYY has no intention to be in the Board of Director, nor to be in high managemet post. So his intention is to buy low and then sale high i.e. make money. he has been doing that. But not like us, we can sell easily with small volume at desired price. But not for him. He needs you to buy lah.
I swear on my mother's grave, I do not write to recommend any share for readers to buy so that I can sell. Currently I am buying VS through Ooi Teik Bee and Allan Yeoh of Kenanaga. Allan is my remiser who many me supper rick. I am a man of honour and I do cheat little poor investors. If you look at yesterday trading you would notice that there were more than one million shares for sale and always about 300,000 buyers. I am puzzled. Why would any seller placed out so many shares to sell? Any smart seller would place out little at a time. Ooi teik said the seller want you to sell so that he can buy VS cheatly. That is why I am buying. UNISEM and MPI have report excellent result and I expect VS will also report similar if not better result. Remember VS reported EPS of 5.22 sen for its 1st quarter and with increased revenue. VS is the largest computer chips manufacturer in Malaysia and one of the top 30 manufacturers in the world. Remember all the smart people are reading your stupid comments. If you have smart to write, don't write and no one knows that you are dumb.
Thank you Mr. Koon for the VS tip. I must say I have made 3/4 mil just on VS in 2015. I have recently bought 400K @ 1.25 and I am holding 1 m in total. Hopefully it will reach 2.0 by year end or sooner. This is a democratic world and everybody excel at their own pace. Don't get to upset. Thanks again for the great tip.
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....
murali
5,723 posts
Posted by murali > 2016-02-23 09:31 | Report Abuse
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