Posted by Pierre-Simon Laplace > 2016-12-15 19:54 | Report Abuse

Wao. Special acknowledge binapuri, mpcop and drb.

Sounds so familiar... Hehe

I love you Icon sifu

Posted by aidwiz > 2016-12-15 19:56 | Report Abuse

haha icon oso use chun chun call ka. haha

Posted by Ricky Kiat > 2016-12-15 20:12 | Report Abuse

bro icon888, congratulation on this chun chun call , not like other calvinxxx always chun chun call to holland.

Posted by calvintaneng > 2016-12-15 20:14 | Report Abuse

A look at this quarter result of comcorp

1) On the surface revenue increased from Rm109 mil to Rm110 mil

2) Earnings increased from 3.47 cts to 3.51 cts

3) NTA increased from 79 to 89 cts.

This looks good on the surface.

Let's take a closer examination by going into the details of the balance sheet.

These are some surprising figures:

1) While profit is reported at 4.88 mil receivables have increased from Rm90.2 mil to Rm96.7 mil

THERE IS A IN JUMP IN RECEIVABLE AGAIN. THIS TIME BY RM6.5 MILLIONS

So where is the actual cash increase? All profits of Rm4.88 millions are actually increasing receivables.

Now this is again reflected in the bottom line.

The Startling Danger:

Comcorp's Real CASH POSITION HAS ACTUALLY FALLEN BY RM4 MILLIONS FROM RM37 MILLIONS (SEE PREVIOUS QUARTERLY REPORT)

TO THIS QUARTER REPORT OF ONLY RM33 MILLIONS.

And the NTA has increased by 10 cts from 79 cts to 89 cts?

A check with REAL ASSET (PROPERTY) OWNED BY COMCORP SHOWS A SOLITARY FACTORY IN KEDAH. Book Value of only RM27.5 Millions. That only consist of 20% NTA of Comcorp. What is the other 80% NTA Consist of? Old machinery or stocks? So there is no margin of safety.

Just like Megan Media last time

After many quarters RECEIVABLES ARE STILL BOOKED AS "PROFITS" While Cash Position is depleting quarter after quarterly report.

In the end of end games so many were conned by fictitious accounting in Megan Media.

Does comcorp look like one?

Posted by Icon8888 > 2016-12-15 20:16 | Report Abuse

haha ricky sifu you r funny...

Posted by Icon8888 > 2016-12-15 20:18 | Report Abuse

at least comcorp got something to show lah... your DRB Hicom is bleeding to death.... want to show also cannot show... he he

Posted by calvintaneng > 2016-12-15 20:22 | Report Abuse

Hahaha!

Show what?

Con people with accounting tricks like China companies?

Can you not see that from POS share price rise DRB will report a profit of 13 cts in coming report?

How ar?

You don't know NTA & Real Estate values (Judging by your assessment of Bj Corp's NTA & Assets. Very flawed.)

Now also don't understand book cooking?

Posted by Icon8888 > 2016-12-15 20:23 | Report Abuse

wake up lah... NTA based investing very slow... you are wasting your time... follow Icon and KCChong... it is faster and better...

Posted by calvintaneng > 2016-12-15 20:31 | Report Abuse

Posted by Icon8888 > Dec 15, 2016 08:23 PM | Report Abuse

wake up lah... NTA based investing very slow... you are wasting your time... follow Icon and KCChong... it is faster and better..


Haha!

You better ask KcChongNz to take a serious look at all the past quarterly reports of Comcorp..

And go OPEN WIDE YOUR EYES & SEE THE TOP 30 SHAREHOLDERS OF COMCORP

No EPF, No Tabung Haji, No Amanah Saham Bumi Fund. AND NOT EVEN ONE FOREIGN FUND THERE.

Now GO SEE DRB TOP 30 SHAREHOLDERS

Champion Sifu Lim Pei Tiam is there as well as both Local Funds & Foreign Funds are in DRB!

Posted by stockmanmy > 2016-12-15 20:34 | Report Abuse

at least there is no indication all the short term borrowings are BAs.........Hopefully , they have restructured to safer forms of borrowings with RC and OD.


10% gross margin, 5% net margin, 3 to 4 months credits to customers...this is not an easy business they are doing.

carry the stocks and debtors for sevral months, makes a thin margin...they better think of getting more long term financing.

Posted by stockmanmy > 2016-12-15 20:37 | Report Abuse

if their customers are MNC why can't get them to pay faster?

Posted by Icon8888 > 2016-12-15 20:40 | Report Abuse

Calvin wake up. You are too ideological. Always buffett here Buffett there.. No use one... This is Malaysia. Better follow us. Easier to make money.

Posted by yfchong > 2016-12-15 20:42 | Report Abuse

Ha ha icon8888.... you r grand master..... calvin also grande master ...aka wong fei hung....the canton tigers....each got their own sec

Posted by Icon8888 > 2016-12-15 20:49 | Report Abuse

his method caused him to loss until need to sell underwear. I pity him loh, don't want to continue see him work hard hard to earn money by selling properties and then lose all back to stock market... so I give him advice loh

Posted by stockmanmy > 2016-12-15 20:51 | Report Abuse

NTA investing is useless.
Its Dynamic Investing.

Posted by yfchong > 2016-12-15 20:54 | Report Abuse

If all use graham kungfu almost same same one...even u ikut cold eye also not much different....
Rule #1 not to lose monies...
Rule #2 dun forget ruler no 1.

This i owe to kcloh.... if he reads it much appteciated...in what ever nick he used...
Even mr seller pun same just tukar ayat

Posted by jonbravo > 2016-12-15 20:54 | Report Abuse

calvintaneng lose again

Posted by Icon8888 > 2016-12-15 20:57 | Report Abuse

actually NTA investing also works, but it takes a long time

I have given some thoughts to the various investing methods , and concluded that they all work, but they are differentiated by the time required

earning based methods fastest

NTA method takes forever. zzzzzzzz

Posted by Icon8888 > 2016-12-15 21:00 | Report Abuse

that is why you see calvin tan still need to run around to sell properties under burning hot sun ... all these years he keep losing money in stock market until cannot retire even though hair already turned white

Posted by calvintaneng > 2016-12-15 21:02 | Report Abuse

LOL!

LOL!!

LOL!!!

Hahaha!

So clever!

Posted by calvintaneng > 2016-12-15 21:05 | Report Abuse

Laugh until bei tahan leow!

I show my Johor buddies and they also laughed

Calvin where got sell house?

LOL!

Posted by gohkimhock > 2016-12-15 21:07 | Report Abuse

Wtf! You call this a very good result? You failed as a businessman.

Posted by PlsGiveBonus > 2016-12-15 21:26 | Report Abuse

Faith on comcorp destroyed
Tomorrow gap down 10%

Posted by PlsGiveBonus > 2016-12-15 21:26 | Report Abuse

Another Holland call from cold eye is super long
:)
Better avoid like a plague

Posted by VenFx > 2016-12-15 21:56 | Report Abuse

Comcorp the one with full force from beginning of 2017.
Stay invested.

Posted by Tom > 2016-12-15 22:03 | Report Abuse

nothing special......
result also not impressive

Posted by stockmanmy > 2016-12-15 22:05 | Report Abuse

High risk low PE business at best

Posted by VenFx > 2016-12-15 22:05 | Report Abuse

Manufacturing sect.
Very convincing now.

Posted by stockmanmy > 2016-12-15 22:06 | Report Abuse

Slave business or convincing business?

Posted by VenFx > 2016-12-15 22:11 | Report Abuse

Thx icon 8888 bro to update the timely table.
It is such a great news to me.
U are unbeatable by those noises maker out there.

Posted by Bruce88 > 2016-12-15 22:13 | Report Abuse

Look at the Comcorp chart, it is horrible. highly speculative !

Posted by stockmanmy > 2016-12-15 22:14 | Report Abuse

KLSE should have a better choice for 7 parts situ effort.

Posted by VenFx > 2016-12-15 22:20 | Report Abuse

I hope not so fast to celebrate with the big pot of Dried Squid Braised Seacucumber , although I miss it very much. Haha
So, jokers pls make it as loud as possible to clamp down Comel . I hope I'm not taking the smallest bite before Snow wake up.

Posted by John Lu > 2016-12-15 23:04 | Report Abuse

LOL...Calvin is not intereated in greater fool investing but Calvin very fool to buy

Bjcorp 50c
Mulpha 48c
Mui 24c
Alam 70c
Perisai rm1
Zelan 28c
Bpuri 44c
Drb 1.40
Kbunai 14c

All above counter drop to 52 weeks low at average loss of 60%

Calvin total capital 100k become 40k...fool or great inveator..LOL...shame

Calvin need sell house to settle his loss in stock market...i heard now he back to become car salesman...what a low life...diu nia seng

Posted by calvintaneng > 2016-12-15 23:10 | Report Abuse

Stock: [DRBHCOM]: DRB-HICOM BHD
Nov 28, 2016 11:57 PM | Report Abuse

Michaelwong,

Go and SEE all the stocks in their respective forum when

Calvin issue Buy Calls

YES!

CALVIN HAS OVER 12,000 POSTS

PLEASE CHECK EVERY ONE OF THEM

Calvin recommended many stocks in 12,000 over posts

The bad ones are some 5 O&G Stocks, bj corp, mulpha, mui & kbunai

SEE how many are making monies:

Most of the times, I check his stock selections, most of them are lousy stocks in term of fundamental. In term of TA, they are down trending. I just keep quiet because I do not like to attack any writer in I3.

Calvin remembers OTB said Kulim was a downtrending stock when Calvin called for a buy on Kulim at Rm2.50

Kulim was taken private at Rm4.10 for a 60% profit

SEE all positive stocks OTB missed to see

I hope all are doing fine to escape sharks & syndicates. This was told me by Dr Neoh Soon Kean the Great Champion SIFU of all SIFU

He said that Syndicates controll Bursa trading.
And these syndicates are also here in i3 Forum

They will use multiple entities (paid to post) to highlight a stock. They also go to Companies and get secret information ahead of others. For some they even encourage the issue of bonus issue, share split & warrant. They engage & bribe media to do misleading glowing write ups (These media people know nothing about Share Investment. They write what they are told as money passed under the table.)

And for Calvin they use fake id to attack Calvin.

They keep attacking Calvin with fake id all the time to create confusion.

A few of Calvin non performing stocks like Mp Corp, Bj Corp, Mulpha, kbunai and others are brought up over and over again while Calvin's great picks are slammed down

1) Super Enterprize made 200%
2) Pohuat made 200% (All furniture stocks bull run Calvin called to buy)
3) Silk made 200%
4) JAKS (Jaks jump, jump, JUMPED from 40 cts to Rm1.20 (UP A NICE 200%)
5) MyEG made 100%
6) AJIYA made 100%
7) Supermax made 100%
8) JERASIA made 100%
9) IPMUDA made more than 100% & LIMIT UP!
10) Pm CORP made 100% (3 Times in 3 years)
11) PRESTAR (Pre Star buy it before it turns into a Star) Made 70%
12) ASB (Up 50%)
13) KHEESAN Made 80%
14) PADINI made 90%
15) TAWIN (Big win) Up 80%
16) Kimlun - The Golden Dragon made 60%
17) THE STORE (Up 25%)
18) NTPM - (King of Tissue) Up 40%
19) WANGZNG - King of Fortress (Up 40%)
20) MAHSING - The Singing Horse (Up 25%)
21) MAYBULK - The rebound of Baltic Dry Index (Up 90%)
22) CEPATWAWASAN - Cepat cepat beli (Up 40%)
23) NYLEX - Up 20%
24) Southern Steel (Up 30%)
25) KULIM (Taken private) Up 60%
26) TMakmur (Land of Prosperity. Taken private) Up 37%
27) KPSCB (Kaboom Power Surging) Up 45%
28) MASTEEL (Master of Long Steel) Made 60%
29) THPLANT (Up 15%)
30) BPLANT (Up 12%)
31) JTIASA (Giant Treasure) (Up 40%)
32) MHC PLANT (Up 15%)
33) CPO FUTURE (Up 15%)
34) INSAS (Up 11%)
35) WASEONG (Up 20%)
36) MFCB (My Father Comes Back) Made 40%
37) Cyclical 11MP Election stocks KKB (Kaboom Kaboom Booming) Up 35%
38) Cyclical 11MP Election stocks CMSB (Up15%)
39) RceCapital (The Best of Banking: Legalised Ah Long) Made 60%

LATEST ANNOUNCEMENTS:

THE STORE GOING TO BE TAKEN PRIVATE FOR 50% PROFIT OR MORE THAN 18% FOR EACH YEAR OF 3 YEARS!!

AND PRESTAR WILL BE ANOTHER 100% JACKPOT SOON!!

SO 4 STOCKS MADE 200% (Super Enterprize, Jaks, Silk & Pohuat)

6 STOCKS MADE 100% (Ipmuda, Supermax, Ajiya, Jerasia, Pm Corp & My EG)

4 STOCKS TAKEN PRIVATE FROM 37% to 200% GAIN
KULIM, TMAKMUR, THE STORE & SUPER ENTERPRIZE!

Posted by VenFx > 2016-12-15 23:12 | Report Abuse

i3 Admin, please ban this Calvin immediately.

Posted by sherlock > 2016-12-15 23:51 | Report Abuse

latest result showing:

-revenue and NP keep growing marginally even shipment to O&G sector remain sluggish.
-balance sheet keep improving.
-valuation is cheap.
-renewable energy business going to make contribution in very short term.

to be fair,comcorp's result was quite good,but i am wondering why so many people still bad mouth here,maybe their are trying to weight down share price again so their can buy at better price?

Posted by Ven Felix > 2016-12-15 23:58 | Report Abuse

Sherlock, why worry ? Only stupidity will side stupido like Calvin.
They will end up nothing but dreaming a Headless Chicken Flying rock the mountain till white hair age.

Posted by John Lu > 2016-12-16 00:01 |

Post removed.Why?

Posted by VenFx > 2016-12-16 00:06 | Report Abuse

Death caused by Hitting the Rambutan tree ?
Chicken Flying are low skill stunt but could be deathly.

Posted by John Lu > 2016-12-16 00:11 | Report Abuse

I heard from Calvin wife, Calvin suicide because he loss much in bjcorp, mui, zelan, mulpha, alam, perisai, kbunai, bpuri, drb etc.

Calvin, no problem, i will take good care of your wife...i will make sure i satisfy her evernight. 你安息吧

Posted by birkincollector > 2016-12-16 07:57 | Report Abuse

while i dislike calvin tan's picks, John Lu u have gone too far

Posted by chaishen > 2016-12-16 08:54 | Report Abuse

说好话 做好事 存好心，财自然来。

Posted by Tom > 2016-12-16 08:58 | Report Abuse

nice one, John Lu xD

Posted by sostupid > 2016-12-16 09:17 | Report Abuse

Icon, when you wrote an article, you should criticise the company, invite criticism for company that you intend to buy the shares yourself. Judging from other's person criticism, then you can decide whether you want to invest in the company yourself or not even if other people do not want to invest in the company you took the trouble to write an article. This is how you collect salary (their criticism) to make money for yourself in the stock market.

Posted by Masterful Fanny > 2016-12-16 09:18 | Report Abuse

Change counter to vis 0120. Double up your money after quarter report

Posted by sostupid > 2016-12-16 09:21 | Report Abuse

I did a quick check of its balance sheet. The group has cash of RM34 mil and total borrowings of RM57 mil. As such, net borrowing is RM23 mil. Based on net assets of RM126 mil, net gearing is 0.18 times only.

Icon: can you explain why I think this stock is speculative company on the stock market instead of being a competitive company that you claim it is by vindicating for this company?

Are you working for some sindicate right now to say what is right when they purpose say it is wrong to collect shares and sell to idiot people like me on the stock market that follow our actions depending on what other people said you you?

Posted by sostupid > 2016-12-16 09:36 | Report Abuse

Icon: a company that will last is a competitive company, if it is a competitive company its cash should be more than debts, not Based on net assets of RM126 mil, net gearing is 0.18 times only. 0.18 is wrong figure, assets depreciates with time and more debts than cash in the company do not allow the company to acquire more assets than before over time. So, what is the big money burner in the company, the employees and directors, to pay employees, the directors play shares price up down, to swinder from innocent shareholders with your help of course by pretending as a pig to work for the snake instead of the rightful shareholders.

Posted by sostupid > 2016-12-16 09:45 | Report Abuse

"Icon8888 Please tell me a stock that have "certain goal"

Come on, give one to me

Posted by sostupid > Dec 15, 2016 11:53 AM | Report Abuse

草船借箭: Teach people to buy stocks with a futuristic goal (uncertain goal). Shame on you ColdEye! 16/12/2016 08:59 "

Icon8888: if you can give me your backside I can give you a stock that have "certain goal".

see: this is the stock with the "certain goal" I am giving you so right now I can start the waiting for your backside to come to me.

Posted by sostupid > 2016-12-16 09:57 | Report Abuse

Icon) Comcorp (7) - Very Good Result. Chun Chun Call...

Author: Icon8888 | Publish date: Thu, 15 Dec 2016, 07:42 PM


Icon:this is my Chun Chun Call...where is in the hell is your backside I am still waiting for that backside to come to me.