I got to support Calvin this round. Don't follow blindly whoever says it is a good buy.. Be it KYY or anyone self claim sifu. There is no free lunch in stock market.
"Actually I have been watching the progress of Capital City 21 as I own one house nearby. Todate the sales are anemic. The temporal surge in bookings might be aborted just like G Residence of GSB!
If so - Gadang will change name to "Gajah" - the white elephant. All better watch out!
Increase or decrease in the number of shares (and company-issued call warrants) WILL NOT add any value to the company under ALL circumstances as the Net assets per share of the company will decrease and increase correspondingly.
Did you see many rich "Mr Look Chart" around? :D 01/09/2016 23:17
Long time no see Mr Sense Maker. I remember you from Pm Corp days. I read that you turned Rm1 to Rm4 from year 2012 to 2014.
Actually I wanted to tell i3 forumers about Coldeye holding Wangzhang in top 30 shareholders. My Johor Sifu said Coldeye already called it a day & kept himself out of the picture. Or else he might get kidnapped. Haha! Truly rice people lie low.
feimah I got to support Calvin this round. Don't follow blindly whoever says it is a good buy.. Be it KYY or anyone self claim sifu. There is no free lunch in stock market. 01/09/2016 20:45
Feimah is very wise. There is no free lunch.
True investment (unlike blind gambling) takes lots and lots of hard work.
Posted by sense maker > Sep 1, 2016 11:21 PM | Report Abuse Increase or decrease in the number of shares (and company-issued call warrants) WILL NOT add any value to the company under ALL circumstances as the Net assets per share of the company will decrease and increase correspondingly. They are all exercises of futility.
How many stock market players out there have this type of wisdom? Very very rare. That is why there are many suckers come and go from the stock market.
In fact I would go further to say this type of corporate exercises have very damaging effect on the small retail shareholders
1) Company pays million to investment bankers to carry out these exercises, reducing the claim of the shareholders.
2) Big shareholders work hand-in-hand with insiders to issue this additional papers to benefit themselves, of course this must be at the expense of someone else you know who.
No, I am not referring to Gadang, but many penny stocks splitting their shares with so called "free" warrants as "free money", or to make them "more liquid". (wah so good one ah, got free things in investment one ah?)
In Gadang's case, I don't see any value to be created either, hopefully it "unlocks" the value of the company.
Anyone who has studied LCCI or STPM accounting or equivalent would understand that extra shares alone add no value to the company.
Any claim of that improving illiquidity is false as the minimum trading lot has long been changed to 100 units, not 1000 units. High- price shares like Dlady, Nestle, are good examples that do not subscribe to this artificial exercise.
Calvin:
My performance from 2011 to 2015 was unrepeatably great. But I am plateauing now in 2016. Ouch.
You are talking all theories, simple mathematics, that is best to use to swindle all the newbies into believing you. Ask yourself honestly is it true that market never add value to share splitting , bonus and free warrant? Do you mean all the BOD of companies spending million for such corporate are crooks out there with no intention to create value for company but to slaughter the small retailers, and we all idiots willing to slaughtered even though after have learnt all the fundamental analysis from you . Look at scientx, topglove , havea, vs and many others. use a simple mathematics to calculate the price for a period of 1 year before and after the completion of the corporate exercise. I believe and I can confidently tell you ,for a good company like gadang , those newbie who blindly believe your theory and have missed the opportunity to gain from a good stock, will come back here to curse your grandmother. Wait and see , time will tell the truth
See the example of Berkshire Hathaway. No bonus, share split, warrants or even dividend yet thousands flock to Omaha to listen to Warren Buffet every year. And Warren made Us$2 mil every day of his life. That will be the best example.
did I say no bonus , no splitting and no free warrant the share price can't go up ?
I do not deny the simple fact that share splitting does not increase the value , but in reality , you also can't deny the fact that market does add value to share splitting
Really syiok to read the arguement!! Sifu Pisang is practical , realistic & down to earth Sifu in the South forcing their ego thro with their books and bibles. They all are equally good and syiok...
this is the thread is used by Calvin to tarnish KYY
wrong, hentam
right , hentam
no right no wrong , also hentam
asal KYY , hentam
but so unlucky for him this time , he has chosen Gadang which I am following the development closely for years.
i have learnt valuation from you, with all the fact and data in front of me plus foreseeable good earning prospect ahead , I believe I have made a right move .so how can I keep quite and do nothing when he is try to distort the picture.
Share markets are just game of musical chair....every ending creates new begining ...depending on which chair you sit on...clever guy are blessed with sharp ears.
please don't descend into name callings. just keep to ideas.
my visit to pengerang shows a house is 4 times more expensive than other parts of jb
also wages are very high here.
that is why you must look carefully why gadang construction margin is so thin compared to its property arm. just go and read up gadang latest quarterly report and SEE
1. do you know in the year 2012 , RM1.00 can buy a bowl of laksa in my town , now it costs RM 5.00 a bowl
2. let me tell what are the EPS of gadang for the FY mentioned
2012 - 7.31 sen 2013 - 10.10 sen 2014 - 22.32 sen 2015 - 27.16 sen 2016 - 41.95 sen
so what the problem for the price to improve from 60sen to RM2.90 ? 01/09/2016 00:44
RAIDER COMMENT;
THIS IS A CONSTRUCTION AND PROPERTY BUSINESS MAH...!!
CAN THE CONSTRUCTION SUSTAINED WHEN ECONOMY WEAKEN, RESULTING LESS PROJECT ? DON FORGET GADANG BOSS IS ALSO GREEN PACKET BOSS LOH...!! SEE HOW WELL THEY GORENG GREEN PACKET...AND HOW MUCH THE BUYERS HAD SUFFERED TODAY ??
ALSO THERE IS A GLUT OF PROPERTIES IN JOHOR....!!
THE BONUS....ETC IS TO ENTICE NEW BUYERS....WHILE SMART MONIES ARE SLOWLY DISPOSING LOH...!!
a company runs by a group of unscrupulous businessmen from Taiwan that quietly poured the untreated industrial water into the river , buried all the industrial waste in the ground to save cost. Caused big environmental disaster to the Vietnamese .
see information shared in Chinwel page for more information
He knew he screw up in xinquan long time ago...but still trying very hard to promote it in i3 so that he can cut some losses...if i m not mistaken he promoted this counter 2-3 times in i3 n the last attempt was during dec 2015 if i m not mistaken
Many smart investors follow Superkoon to buy Evergreen at 2.38. Today those smart investors not so smart anymore. Same thing happen with FLBhd, Latitud, Geshen and Genetec. Have I mention Johortin and Vs? You can check it here http://klse.i3investor.com/servlets/pfs/53120.jsp
Timetokoon's records on koon koon buy calls gives us a good picture on the outcome if u follow his calls..only 1 counter is making money..which is tguan...mostly lose like hell...thats the reason we keep on warning u when old crook comes out with buy calls...as never tell lie sifu once said"chart never lie..",we would say past records never lie...
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....
feimah
908 posts
Posted by feimah > 2016-09-01 20:45 | Report Abuse
I got to support Calvin this round.
Don't follow blindly whoever says it is a good buy..
Be it KYY or anyone self claim sifu.
There is no free lunch in stock market.