He knows the rules, he breaks the rules again and again. Better put him to jail first and talk later. SC must take stern actions against all those breaking rules. Otherwise, all minority/retail shareholders/investors must unite to file a law suit against Bursa for huge compensation. Agree?
Pengikut kyy, rasa pedas macam cili api bila terkena kenyataan, betul tak??? Kita mesti berfikiran terbuka dan jujur…. yang salah tetap salah…..jangan nak menyorok muka dibawah bantal kalau dah bersalah tu..… undang-undang kita mesti ikut kita patuhi…. Janganlah nak berdolah-dalih….pengalaman dah lebih 20 tahun, tapi tak tahu apa itu undang-undang??? Mustahil ini…… biarlah, kita ambil ini sebagai iktibar dan pengajaran dalm hidup kita…..biar lambat asal selamat menimba pengalaman…. Janagn mudah terpedaya dengan janji manis kyy bila dia mempromosi dia punya saham dalam i3.. Alhamdulillah..
CDS has the system to keep track of all holding, they should automate this ... Who knows one of you become major shareholder and you dont know that you are so powerful will become major shareholder and didnt announce?
In 21 century moving towards 2020, system should take care of all this .... :-)
@malaysiaku, betul itu…… berani kerana benar….. pengikut dia sekarang tak sedap hati sebab scandal kyy sudah terbongkar…. kita orang expose yang benar, dia orang pula sakit hati… cakap kita orang menyibuk…… tak apalah…..pohon tak akan bergoyang kalau tak ada angin….. begitulah juga dengan kebenaran…
@euniceeng, Yes, they should make it automated….we are in 21 century… towards wawasan 2020….we are so advance in bursa, and yet our filling system still manual…. All major shareholders like us and small fish should have this system in our CDS….. let be transparent and more organized in bursa…but Malaysia is a bit "lembab" type country.. so take time to implement it……I mean sure it can be done….we are advancing towards 2020 vision…..
KYY trade stocks very long so know the rule but not other people. They are busy to take care business of their listed companies. If business don't get how can report good QR.
rainbowyen Of course he is the only one. I mean the chosen one. Kyy - One and only multi-millionaires/major shareholder who proudly promote his own share in i3…
don't punish a road offender.....because others also offend.... don't punish a raper....because others also rape don't put a killer to death.....because others also kill... don't punish koon.....because other also report late......
Mr.Koon I always support you based on the followings 1.You have written good articles on shares. 2.You have a good thought/wisdom in your written articles. 3.You have the positive thinking in receiving good/bad comments. I enjoy reading whatever articles you have written. Finally I wish you good health & happy.
Mr.Koon I always support you based on the followings:
1.You have written good articles on shares especially Xing Quan, Rsawit, Jtiasa, Mudajaya and a little of Genetec. I have learned a lot on how ikan bilis were played out in the market.
2.You have a good thought/wisdom in your written articles especially on how a big boys launching a series of promotion activities (modus operandi) before engaging disposal a large quantity of shares.
3.You have the positive thinking in receiving good/bad comments. No matter what opposite opinions received you are willing rebuke in a positive manner ie..Idiot, stupid.
I enjoy reading whatever articles you have written. Finally I wish you good health & happy.
Not hundred percent you must blame the old man . Actually there is another party that can trace when some one is accumulating and exceeding the five percent threshold or down .... Which is the company secretary of that counter . Eg . Flbhd. The company secretary staff would insist timely disclosure of share movement and then would submit to bursa. a couple days delay can happen . B4 it appears in bursa annoucement. BUT. The selling action would cause loses to late followers and the sickening part come out with the statement to buy back at lower price. Truly sincere superinvestor should keep on accumulating or just makan the dividend . , after all the co is suppose to be good for investment .
"In Koon’s case, V.S. Industry had on May 4 announced to Bursa that he had ceased to be a substantial shareholder in the firm after having sold some 44.08 million shares between March 18 and April 11"
@somchik is right. But rather than a few days, it is actually way more than that. A few days is not that bad. haha
“I am the only one in the world who have written in my will that all my remaining assets will be for charity to help poor people after I die,” Robin Koon said.
the buying n selling by major shareholders even shareholding at 1 % irrespective of 5% shall be automated given the present 3D n Nano Tech age . This is the only way left to protect the minority shareholders who are in the receiving ends all the time. In fact they are the losers esp in share trading when all the info were withheld at the expense of the big timers...
The SC should regulate more stringently to make investing in the KLSE a fairer investing avenue for ALL. Let the rules to enforced stringently without fear or favour. In the past, rules had been bent and even those who traded unfairly and blatantly "cheated" were given only a slap on the back of their hands.
Rule is rule. He must follow. Perhaps other people not aware the ruling before. So can KYY announce today dealings within 7 days?
Posted by munhou > May 16, 2016 11:31 AM | Report Abuse i honestly think that this problem could be solved with technology.the filing system is obsolete and company secretary should be more proactive
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....
shortinvestor77
5,487 posts
Posted by shortinvestor77 > 2016-05-14 23:47 | Report Abuse
He knows the rules, he breaks the rules again and again. Better put him to jail first and talk later. SC must take stern actions against all those breaking rules. Otherwise, all minority/retail shareholders/investors must unite to file a law suit against Bursa for huge compensation. Agree?