If he has 1 million CASH, 5% only 50k...mean only few lots each for all the counters he keep shouting with CAPITAL LETTER IN HIS POST...and I wonder he has a balance cash of RM950K
And I am very sure he will come out to say...oh...the 5% against my total investment values and not purely cash...mean he total up cash + property + unit trust + bond etc
Hello, then this is not 5%...what we are talking is stock/CASH!! This low class Calvin always misleading ppl
the shares depreciated to 1 lot and value to 5% purchase price? that is how layman interpret. LOL
Posted by Koon Bee > Mar 26, 2016 09:28 PM | Report Abuse
Calvin...only 5% invested but you have recommended so many counter i.e Daiman, Jtiasa, MPHB, bjcorp, pmcorp, mui...dont tell me each stock you only buy 1 lot??
Ha! I will be selling off some properties to get ready for another Big Crash. Hopefully. Then I SURE LOVE TO BUY MORE FALLEN CHEAP SHARES AT ITS ROCK BOTTOM.
Mr Ho of SP MOTOR Lost Rm3 Millions. At the height he has 9 Motor Workshop employing 70 workers. All lost in the Market Crash! Mr. Ho also ran away into hiding from loan sharks. He resurfaced again and changed his name to Andy.
Johor property was over supply and majority of property value has drop at least 10-20%...i cannot imagine by this year 2016 when the houses that launch in 2013-2014 completed with OC, those investor that purchase for investment will start selling at low price due to majority of them cannot sustain the bank instalment and try to cash out like you loh...another 5-10% drop is for sure
So...property investment right time is 2017!! Not 2014, not 2015 and not 2016!!
Dont tell me your property in hand with net rental yield above 6% p.a...you want to bluff me on property? You are a kindergarten level if compare to me in property
Average property Gross rental Yield in 2015 & 2016 below (not yet deduct the cost like bank interest, cukai pintu, cukai tanah, indah water etc)
Residential Landed house A) House below 150k (6-8% p.a) B) 150k - 300k (4-6% p.a) C) Above 300k (3-4% p.a)
Condo 5-8% p.a
Shophouse 6-8% p.a
Note: If you are purchase the house by cash or full settle house, you still need to calculate the gross rental Yiel - bank FD - other expenses to get the net rental Yield
You still do not answer my question in previous posting on MPHB's land of 1200 acre, how to generate the billions of profit that claim by you??? I give you chance by not answer me previously.
But now, answer my question on your property investment by giving facts and figure here!!
1) 5% invested only but you strongly recommended so many counter like Daiman, Jtiasa, pmcorp, bjcorp, MPHB, mui etc. a) Pls answer me are you only own 1 lot for each or max few lots for each counter that u strongly recommended? b) If yes, why you are strongly recommend to buy to ask other ppl buy but you are not confident?? c) If no, how much is your 5%? is it 50k? 100k? 200k??
2) For the rental you claim at 6 figure pa, i assume is 100K. By using 3% net yield as benchmark, i estimated your property invesemt value at RM3.3 mil a) Is this 3.3 mil cash? If yes, i will accept your statement of 5% in stock. b) If this 3.3 mil is partly cash and partly loan, then, how much is cash?? And I want you to ammend your misleading statement given for the 5% of stock investment!!!
Posted by Koon Bee > Mar 26, 2016 10:30 PM | Report Abuse 3rd) Why u deleted your statement of your rental income of 6 figure p.a??
Posted by Koon Bee > Mar 26, 2016 10:44 PM | Report Abuse Nobody will trust on you if your keep talking nonsense without fact...you need to change...dont telling lies so often mr Calvin Tan
Haha...he said MPHB got 1200 acre land to built house
He said 1200 acre land = 52, 272, 000 sq ft land
And he said one house is about 20 x 70 = 1,400 ft
Then he said the 1200 acre land can built 37,337 houses (52,272,000/1400)
and I ask him,
Eh...all the land can use to built house 100% one meh? No n3ed to spare 40% of the land to built road, school, petrol station, drain, police station, playground etc?
No. I didn't have any anger. You were correct that Waseong has more than 1 million acres but up to the date of publishing of AR only 4,000 hectares were planted. Don't read wrongly.
I only say that the underlying land of Rm100 Millions have appreciated by 25% due to ringgit crash.
Then he said one house can earn about 400k (profit margin 60%)....he work out the estimated profit of 12 b!!
Haha...i told him, the profit margin of a property developer currently is only 20% unless u built condo maybe can go to 40%
And I ask him the land cost, bank interest, land convertion fees of 15-20%, other amenities cost like build school, playground, bomba station, police station no need to exclude kah? He never answer to me until today
Koon bee: 5% should be based on asset and asset = owner equity+debt. Why you so focus on equity/cash=5%?? Totally meaningless, if calvin use the cash to buy shares, then % can over 100% if he has more shares than free cash, completely logic flaw.
Another logic flsw is that you use average rental return when calvin was saying he bought lelong ppty, then average return is no longer applicable.
Problem with average is that, it doesn't tell individual cases. Eg if average all ppty is down 10%, it do not mean every single of it is 10% down because average doesnt work in this way, simple arithmetic. Those high end normally drop more while those average drop bit bit and those undervalue can increase in price....but overall is down 10%. So your so call evidence doesnt tell anything
Im highly educated ah beng, you see those man in black type loan shark is me.... What to do, nowadays loan shark industry so competitive, if you dun wear nice nice ppl dun want to borrow money from u.
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....
OPMS
1,183 posts
Posted by OPMS > 2016-03-26 21:30 | Report Abuse
Koon Bee calvin's 5% inv. values over million. perhaps.