yup, joetay, that is what going to happen. Chines got a saying something like wealth not able to pass to 3rd generation BCOZ the money decayed the descendant.
1. Ang people did not give Uncle face. No Directorship even after owning 30% Jaks
2. Ang brother dumped 1 million Jaks shares in open market about Rm1.45 without courtesy of telling Uncle Koon to do a private deal. This is a slap on Uncle face. Uncle Kyy could easily absorb the 1 millions lots doing private deal.
SO THERE IS NO RAPPORT BETWEEN UNCLE KYY AND ANG PEOPLE.
3. AND NEVER LISTEN TO UNCLE EARLIER BY ISSUEING BONUS WITH FREE WARRANTS. ONLY RATHER LATE ISSUE RI WHEN UNCLE KYY ALREADY OVEREXTENDED WITH MARGIN LOANS
4. AND PROBLEM WITH STAR RM50 MIL LAWSUIT
5. VIET JOB NO REAL MONIES COMING IN. ONLY PAPER PROFITS?
SO UNCLE KYY IS WISE TO GET OUT FROM JAKS. AND JAKS WILL BE ANOTHER MUDAJAYA WHEN UNCLE SOLD AND GOT OUT.
ALL PLEASE HELP UNCLE BY GIVING SUPPORT!
DO CHARITY FOR UNCLE FOR ONCE AS UNCLE HAS DONE SO MUCH FOR POOR POOR STUDENTS.
@hollandking, i always believe in chinese saying that wealth wont last beyond 3rd gen, but i also believes that with proper planning, the wealth can last a long long time.
i always like to use the ocbc lee family and the entertainment shaw family as comparison.
lee family is still very rich and is still a major landowner in kl and singapore while shaw family has sold off most of their landholdings in kl and singapore.
you father had already warned you many times, shares trading is a crocodile pond, if you do not know how to play the game , don't blame uncle misleading you .
uncle did not do anything wrong , he is playing the game his way , will you listen to him if he ask you not to buy masteel but OTB sifu recommended you to buy
joetay, in general, you pass massive wealth that can last generations to your descendant, majority will run into TROUBLE. Those you mentioned are the exceptions, but not many.
Dear Halite, The questions are why KYY cannot kindly share his buying when he start to buy lionind? And why he said he got margin call to sell JAKS and at the same time buying Lionind in the millions? Thank you
That is why the PH gov never blame the opposition attacking them not fulfilling the 100 promises. they only work hard to explain why it can not be fulfilled .
Dear Halite, I do agree with you that expectation on Mr. OTB is high couple with occupation rivalry, jealously and envy that cause many people attacking Mr. OTB non-stop. But expectation on Mr. KYY is equally sky high because of his respectable social status, founder of many companies, philanthropist works, keen and prolific writer on politic, economy, nation, life and investing plus his proclaimed noble intention to teach general public on how to invest and to become successful in investment and life. Thus his conducts had to live up to a certain high standard. Thank you
I presume you have ignored too many of my comments.
Aug 19, 2018 10:47 AM | Report Abuse
My sifu KYY a bit gila lao Why you tell people you entered at 0.7 but published you buy call at 1.2 Why talk about your golden rules that you never follow strictly
Conclusion : sifu is not always right
Aug 20, 2018 11:59 AM | Report Abuse
we should learn to trust him 90%
learn to trust what our mind tell us what is right 101%
I thought you are trying to warn retailers do not chase high, but now you are making fun of those innocent retailers? lol, you are so childlish......did your parents know how childlish you are?
Posted by calvintaneng > Aug 20, 2018 04:44 PM | Report Abuse
UNCLE KYY IS SO CLEVER!!!\
Uncle can just sell all to water fish, sotong, sorchai & ikan bilis above Rm1.00 & make a good killing already
the quality of blogs have improved , as long as people use more business sense in their blogs....and less fake news in their blogs like this fellow........
the quality of blogs have improved , as long as people use more business sense in their blogs....and less fake news in their blogs like this fellow........
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....
hollandking
3,694 posts
Posted by hollandking > 2018-08-20 11:13 | Report Abuse
yup, joetay, that is what going to happen. Chines got a saying something like wealth not able to pass to 3rd generation BCOZ the money decayed the descendant.