On UMWOG....if you don't give PNB / Petronas 2 years to work their magic, how can you call yourself or anyone a Warren Buffet wannabe? a Warren Buffet student?
When the share price touches 3 bucks,all the adversaries will turn supporters and start praising kyy like a god. When the share price goes down to 3 cents, all the fortune tellers will start to say i told you so. Such a predictable outcome.
1. May I ask how did KYY arrive at the figure that JAKS will get RM400 million from the construction phase? I did not see it anywhere in the announcements. As fas as I know, CPECC has been appointed as the EPC Contractor. In KYY's own words "the Chinese JV partner undertakes the full responsibility to complete the construction". Even if they sub back some work to JAKS will it amount to so much (RM400 mil)?. Even if JAKS gets some EPC work is RM400 mil the total contract value or the profit? I doubt the profit can be such a high figure, so after costs, how much would they actually have left to fund their portion of the JV's equity?
2. I think there is some bad blood between JAKS and TS Rozali and by extension Syabas/Puncak Niaga (check past news and announcements to see lawsuit between them). Therefore, JAKS is unlikely to be a major beneficiary of the coming multi-billion pipe replacement program. If you want to play this angle, ENGTEX is probably a better choice with low PE, track record of profitability and much lower gearing levels. Also, worldwide, interest rates are on uptrend. Highly leveraged companies like JAKS will suffer.
3. As someone who has consistently railed about corruption and crony capitalism, I find it alarming that he would hold up YTL's IPP deal as a shining example of business model to learn and profit from.
Less people buy Jaks, kyy can't sell to buyer, that's why he must continue to buy and buy and buy.... all buy quote are from kyy. He will write more article to attract more innocent buyer.
3. I am surprised. I am half his age but yet has more responsibility when writing. (I need more money than him, but all the money in3this world is not everything. Moreover, in investment, if one is careful and humble enough, we can survive and do well, better than taking a passive stand - this I believe) My view: At my age of 56 years and I had gone through life in a hard way from a fresh chemical engineering UM graduate in 1986 to my today post of General manager in an Oleo-Chemical plant in Indonesia. I am still humble to recognize that I am not even one tenth in term of life experience and hardship that Mr. Koon had gone through and I can only dream of by age 84. I will be very grateful if I can achieved one tenth of what Mr. Koon had achieved in term of contribution to the nation and society. Hence to say that at 42 years, you have more responsibility when writing is an outrageous claim boundary to big headed self illusion, please humble enough to look into www.koonyewyin.com and read all the writing. In the end, those who demean others only disrespect themselves. – D.B. Harrop Thank you. Dear all, Please take full responsibility in whatever share you buy. It is your money to lose or to gain and the choice are always your. All the sifu in i3 are all human and can only teach you how to fish? They do not have the obligation to spoon feed you or tell you when to buy and when to sell? The decisions to buy or sell are all yours to make. When we give cheerfully and accept gratefully, everyone is blessed. - Maya Angelou God bless all of us in i3. Thank you.
This old man already said many time would not write anymore, why still continue to write in I3 ? He forgotten what he said ? I dont think so. It is Simple, he has bought a lot of Jaks and need to write some articles to induce others to buy. when price is up there, he will sell then write articles to condemn. Seen it all what he did to Gadang.
All has written and spoken about Jaks, forget about it till Vietnam venture proven profitable in 2020. Meanwhile there're many stocks to buy before pm announces election date.
raider understanding KYY pakat with the management to goreng Jaks loh...!!!
Why raider say that ? The announcement of management and acquisition of KYY looks coordinated to sell share loh.....!!
Then why management announce placement, is it not detriment to Kyy ? On surface yes....but after careful study NO loh...!! The placement at Rm 1.36 is higher than overall KYY cost mah.....!!
Also with such a big shareholding, kyy will need to dispose to big block selling...usually thru placement too...!!
The placement price....at Rm 1.36 will set a future floor price for Kyy to sell loh.....!!
The Hu...ha on JAKS....is a strategy of KYY to create excitement...to entice..followers to buy loh...!!
Actually JAKS investment with IRR 12% pa is not that attractive loh...!!
Wonder if any of you remembered KYY promoting Mudajaya at one time ...he was very bullish on Mudajaya's venture into an IPP project in India? And the project was delayed...cost over-runs etc.And now JAKS ?...hmm...old poison in a new bottle? He never ceases to amaze me.
U think KYY so stupid....once bitten on mudajaya IPP no shy meh ?? Now go for IPP on jaks in vietnam with such a low IRR of 12% pa with gestation period of more than 8 yrs ??
No loh....KYY not that stupid....he is out to pump & dump Jaks share with collusion with management to the gullible public mah...!!
Share market business formula quite simple; U need to decide on 3 issue only....!!
Buy Hold Sell
Kyy modus operandi....buy & pakat with Jaks management accumulate big loh...!! Some accumulation under his name and some under proxy loh...!!
Under his holding....more than...20%...he must come with a scheme and story in order to get public to be excited and interested to buy more loh...!!
He then launched a publicity campaign....how excited he is about Jaks loh....!! 1st round of dump....is thru proxy selling which is now loh...!! After dumping the proxy portion he will replenish some of the share sold from the private placement loh....!! and then repeat loh..!!
Next create more excitement of the project loh...!! If don work....he may also...create a false action...like wanting to kick out the existing management....thru takeover battle loh...!!
But Behind everybody back.. the likely scenario is KYY colluding with management to create excitement to move price up & dump the share loh...!!
If u read properly what raider says the official KYY 20% will be sold thru small block placement....when they up the share...every stage n milestone loh.....!!
The proxy portion....will be use as a revolving dumping stock loh...!! Usually dump & replenish again loh....!!
To keep mkt volume up and create excitement loh....!!
Value investors difficult to be trick loh....bcos they understand value and margin of safety loh....!!
But the public will be gullible loh....bcos they listen to rumors and recommendations without doing homework loh...!!
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....
yewniengwei2693
93 posts
Posted by yewniengwei2693 > 2017-03-19 17:22 | Report Abuse
Big shark always eat small fish & small fish always got kill in the market.