4 people like this.

23 comment(s). Last comment by 3iii 2018-12-04 16:20

paperplane

21,685 posts

Posted by paperplane > 2018-12-03 23:25 | Report Abuse

Everything has good and bad, depends how you manage it only. I believe in yin and yang

Goh Kim Hock

3,135 posts

Posted by Goh Kim Hock > 2018-12-03 23:37 | Report Abuse

If we use OPM to buy good counters like Inari and Topglove, then it is good. Not speculative counters like Jaks or Sendai, which totally have no fundamental.

ks55

4,311 posts

Posted by ks55 > 2018-12-03 23:39 | Report Abuse

It seems like KYY lost at least RM 100m on his 160m Jaks.
What about his 76m Sendai shares?

qqq3

13,202 posts

Posted by qqq3 > 2018-12-03 23:46 | Report Abuse

silly article

ks55

4,311 posts

Posted by ks55 > 2018-12-03 23:56 | Report Abuse

To buy 160m Jaks share is easy.
To sell 160m Jaks share enough to press down to 30 sen.
So far KYY sold about 100m shares, and these shares become free float that will depress its share price further.

Not forget another 50m to 60m Jaks waiting for fire sale.
40 sen is very likely in 2 weeks' time, 30 sen may also foreseeable by year end......

apolloang

18,163 posts

Posted by apolloang > 2018-12-04 00:05 | Report Abuse

ok ok avoid jaks,other options?

ks55

4,311 posts

Posted by ks55 > 2018-12-04 00:05 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BERHAD

Mar 7, 2018 10:29 AM | Report Abuse

Buying Jaks is easy.
Just keep on buying till 160m and you will jack up the price.

With average volume 3-4 million a day, you will need to be net seller for 40 market days at 4m each day.
Can you do it without depress its share price?

If you cannot run with F1 speed, can you beat Donald Duck tsunami 2018?
OPM really kill.
It kills all those greedy and daredevil, regardless you are big shark or small shrimp...........

ks55

4,311 posts

Posted by ks55 > 2018-12-04 00:07 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BHD

Mar 6, 2018 05:25 PM | Report Abuse

KYY and wife now own 31.745% of Jaks.
At most he can buy only 1.255% more.
If he stop buying, only logical that he will sell, sooner or later unless he is going for GO -- highly not probable.

So better sell now before he unload it............

apolloang

18,163 posts

Posted by apolloang > 2018-12-04 00:08 | Report Abuse

thankfully I trade jaks a few rounds and make some.the last time I sold off is 1.02 or 1.03

soojinhou

869 posts

Posted by soojinhou > 2018-12-04 00:09 | Report Abuse

Timely reminder.

qqq3

13,202 posts

Posted by qqq3 > 2018-12-04 00:13 | Report Abuse

Kyy can afford it...and its his money....

Cannot afford, better don't try.

Its only money lost, says KYY

Important, received this whatsapp message when I ask him why he wrote yesterday.....confidence not lost....can try again....


"I can afford to lose more money. I just want to teach investors a good lesson
I am very confident that I can make back money with my skill."

Got attitude.....That is what I like....

qqq3

13,202 posts

Posted by qqq3 > 2018-12-04 00:18 | Report Abuse

margin calls not end of the world,
this is not the first time I see KYY got margin calls in this forum,

each time, he comes back and surprise you....

in the case of Hengyuan, he says margin call is blessing in disguise....like Ah Weng's Lost Horse.

qqq3

13,202 posts

Posted by qqq3 > 2018-12-04 00:37 | Report Abuse

maybe like icon says...he swap from shares to warrants......less capital tied up.

Games people play....a lot of games people play.....things not just straight and narrow.....

apolloang

18,163 posts

Posted by apolloang > 2018-12-04 00:41 | Report Abuse

not enough warrant shares for him to buy to recoup his losses.....hehe

CharlesT

14,976 posts

Posted by CharlesT > 2018-12-04 06:44 | Report Abuse

Swapping fm shares to wa?

Stupid....

Cut loss n full exit fm jaks n sendai n craws back to koon bee

CharlesT

14,976 posts

Posted by CharlesT > 2018-12-04 06:47 | Report Abuse

Sell mother at 0.50+ n buy Wa at 0.25 for leverage play?? Otak ada betul kah?

CharlesT

14,976 posts

Posted by CharlesT > 2018-12-04 07:03 | Report Abuse

If conspiracy theory is real and if i were him i will press down mother shares lower to 0.30 to 0.40 upon listing of new WA so that i can buy Wa below 0.15 or 0.10 or lower

CharlesT

14,976 posts

Posted by CharlesT > 2018-12-04 07:08 | Report Abuse

When Wr drops like shit-Koon pressed it down so he can buy lower

When WR drops to 0.005 and no buyer- Koon did it so he can get all the excess

When mother drops like shit- Koon sold mother shares to swap for Wa

When WA opens at 0.10 to 0.15= Koon punya pasal as he wanted to buy more

SO u win liao loh....all also Koon's conspiracy coz JaKS is still damn good

R3D3

29 posts

Posted by R3D3 > 2018-12-04 07:28 | Report Abuse

One factor that needed to be pointed out is the right issue. When an investor over commits to one single stock and the stock issues a right issue, the over committed investor is forced to sell the shares because the lack of money to subscribe for the rights issue.

Case example, iCapital and TMI back in 2009. iCapital lost over 12 million in their investment in TMI (now known as Axiata) cause it did not want to subscribe to the rights issue...

tecpower

3,536 posts

Posted by tecpower > 2018-12-04 07:55 | Report Abuse

Trump says China will cut tariffs on American cars

tecpower

3,536 posts

Posted by tecpower > 2018-12-04 07:57 | Report Abuse

The PHLX semiconductor index was up 2.67% yesterday.

3iii

13,340 posts

Posted by 3iii > 2018-12-04 16:20 | Report Abuse

Good article. Thanks for sharing your thoughts on this subject.

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