Posted by 3iii > 2018-12-11 09:15 |

Post removed.Why?

Posted by Jonathan Keung > 2018-12-11 09:17 | Report Abuse

KYY was in his own words too greedy and over confident and over exposed in JAKs. Vietnam investment { or any overseas investment takes a longtime to mature and comes with lots of hidden costs } Whether Vietnam, INdonesia or Cambodia ! why the existing shareholders or promoters wants to sell their business to a overseas investor. ?

Posted by 3iii > 2018-12-11 09:19 | Report Abuse

KYY's involvement with Hengyuan, Lionind, Jaks and Sendai reveals the weaknesses inherent in his golden rule, his business sense and his investing philosophy.

Posted by 3iii > 2018-12-11 09:29 |

Post removed.Why?

Posted by qqq3 > 2018-12-11 09:30 | Report Abuse

3iii...its a wild ride...what is the problem?

Posted by Ricky Yeo > 2018-12-11 09:30 | Report Abuse

It seems everyone is more interested in knowing what others are doing than trying to understand the business itself i.e making their buy/sell decisions based on another person's buy/sell decision. And automatically assume he understand the business because everyone is talking about power plant, property and construction. And automatically think it is 'safe' to buy after huge fall when he doesn't have a clue what he is doing.

Posted by Ricky Yeo > 2018-12-11 09:39 | Report Abuse

A lot of discussion on Jaks create an illusion of familiarity that gets mistaken as "I know the business of Jaks" after reading a few blog posts about power plants. Volatility movement in the share price creates excitement to seek out profit opportunity, which is justified and reinforce by the familiarity bias and illusion of knowledge that he knows more than others. Throw in the ego of wanting to be right and look smart "Look how daring I am to buy at the dip and make xxx profit." And you create a behaviour of overconfidence that take on immeasurable amount of risk. That is how 99% investors die in the market, of dabbling in things they know very little about, and a total lack of humility.

Posted by ks55 > 2018-12-11 10:59 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Nov 29, 2018 01:38 PM | Report Abuse

Haha....
Everybody has to pay for tuition fees.
But outcomes are different.

Some pay and learn something, not going to commit same mistake (or less mistake)

Some pay and learn nothing, all tuition fees go to the drain

Some keep on paying and learn very slowly, they believe one day they will become sifu too

Some have graduated and enjoying their golden year right now

Some pay but dead half way, they are having meeting in holland



So which category do you belong to?
Ask yourself sincerely.
Nobody is going to judge whether you are right or wrong
Only to measure how successful you are in this market

Posted by ks55 > 2018-12-11 11:01 | Report Abuse

Seems to me Sslee is at type 3 category

He need to pay more tuition fees

Posted by ks55 > 2018-12-11 11:03 | Report Abuse

Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD

Nov 27, 2018 07:09 PM | Report Abuse

To me Jaks worth only 40 sen
Sendai even worse, can consider only below 30 sen

Posted by apolloang > 2018-12-11 11:04 | Report Abuse

jaks 40cts,jaks-wa??? 10cts ar? hahaha

Posted by ks55 > 2018-12-11 11:18 | Report Abuse

Ricky Yeo === A lot of discussion on Jaks create an illusion of familiarity that gets mistaken as "I know the business of Jaks" after reading a few blog posts about power plants. Volatility movement in the share price creates excitement to seek out profit opportunity, which is justified and reinforce by the familiarity bias and illusion of knowledge that he knows more than others. Throw in the ego of wanting to be right and look smart "Look how daring I am to buy at the dip and make xxx profit." And you create a behaviour of overconfidence that take on immeasurable amount of risk. That is how 99% investors die in the market, of dabbling in things they know very little about, and a total lack of humility.

====================================================================

Similar incident happened in HYR forum toward the end of 2017, where every sifu spoke high and low of crack spread/ expected profit growth, sailang and sialang non-stop.

All these sifu now having meeting in holland..........

Posted by CharlesT > 2018-12-11 11:40 | Report Abuse

Sometimes i scare seeing many TA FA sifus masters talking a lot of figures or terms i dunno...

Posted by conan1957 > 2018-12-11 12:19 | Report Abuse

tqvm sslee , i want dig out that one black heart agent then throw shit to him also .

Posted by qqq3 > 2018-12-11 12:24 | Report Abuse

this ss guy...worse than sam gu lok poh.....

no stock market skill....only gossiping skill.

call yourself an engineer.....a professional.


a management level chap.

Posted by conan1957 > 2018-12-11 12:35 | Report Abuse

i think think think may be qqq3 not agent . because qqq3 never go vietnam visit .

Posted by i3Value > 2018-12-11 12:37 | Report Abuse

Sslee, honest opinion, i think by write this article you bring your own credibility lower

Posted by Icon8888 > 2018-12-11 18:42 | Report Abuse

Public Investment Bank analyst for Jaks is Tan Siang Hing

Since SSlee said that the Public Investment Bank analyst is qqq3's son

Does that mean that qqq3's son is Tan Siang Hing ?

Posted by qqq3 > 2018-12-11 19:17 | Report Abuse

no.....not true

Posted by qqq3 > 2018-12-11 19:24 | Report Abuse

icon...one more reason to be bullish about Jaks....very well hidden....Jaks suppressed the Vietnam revenue....drastic drop in Vietnam revenue to $ 90 million to $ 60 million to $ 30 million last quarter....at first look, last quarter report look disastrous.

$ 42 million loss from property division
$ 56 million profit from construction .Everyone knows Vietnam profit no cash flow.

but only $ 7 million of the $ 56 million is from Vietnam....meaning local construction profit is $ 49 million....I think from Suke.

and $ 20 million from the $ 42 million is LAD.....LAD will end one day.....total LAD todate is $31 million....it is much less than $ 10 million per quarter and this will end one day.....small matter.

On the surface, the results looks disastrous......easy to sell seeing the results.......takes time for people to through and analysis properly...takes time and takes next result which can be enormously good.

Posted by Icon8888 > 2018-12-11 19:26 | Report Abuse

bro , you know I am 100% with you on this

Posted by Icon8888 > 2018-12-11 19:29 | Report Abuse

qqq3, I got wind that Jaks might revalue the evolve concept mall and that might lead to huge impairment

I personally think that it is a good thing because future depreciation charges will be lower

What do you think ?

Posted by CharlesT > 2018-12-11 19:34 | Report Abuse

Oldman abandoned the ship and now is likely eating curry mee happily...

Still Jaks ah?

Posted by qqq3 > 2018-12-11 19:34 | Report Abuse

to be honest, on first night of results I was extremely bearish....only when I see your work about the drastic drop in Vietnam.....then I think I know the whole story....it is manipulation of accounts.

KYY same...became extremely bearish....on the surface, it is easy to be extremely bearish.


if construction no cash flow and properties loses $ 40 million every quarter sure bankrupt.......lol....

Posted by Sslee > 2018-12-11 19:34 | Report Abuse

Dear all,
I repeat: I derived no pleasure in writing this friction story because Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn’t. What is truth now?

I humbly accept your criticism and mistrust on me with open minded and humility. I thank you. I was told long ago never wrestle with a pig, you both get dirty and the pig likes it. But as engineer sometime I need to roll up my sleeves and get my hand dirty in order to get things done that the price I prepare to pay.

If anyone interest in what happen to my first visit to Mr. and Ms. Koon you can read the below link:
http://chedet.cc/?p=2387#comment-136954
Dear Tun Dr. Mahathir,
Good Afternoon.
It had been almost 15 hours into year 2017. So for most people how many of yours resolutions had been flushed down the toilet?
For me, I had asked forgiveness to all I had wronged or hurt intentionally or unintentionally. I am sorry please forgiven me. From today onward I only make one resolution. To Be A Better Man.
I cannot do it alone myself so please; all the people I had met or haven’t yet to met do inspire and help me to become that Better Man for many years to come. I hope to meet more great people in this year.
Allow me to tell my first meeting with a great man and his wise wife last year.
It was a very pleasure and an honor to be able to met Mr. and Mrs. Koon Yew Yin.------- You can read the full text from the link.
Thank you

Posted by qqq3 > 2018-12-11 19:36 | Report Abuse

impairment no effect.....Genting M $ 1billion also no impairment.

Posted by Icon8888 > 2018-12-11 19:37 | Report Abuse

I still very convince it will go up woh

You go read KYY latest article and see

There is a secret there


Posted by CharlesT > Dec 11, 2018 07:34 PM | Report Abuse

Oldman abandoned the ship and now is likely eating curry mee happily...

Still Jaks ah?

Posted by CharlesT > 2018-12-11 19:38 | Report Abuse

Without Koon's money very tough loh

RM80M to RM90M into Curry mee better than viagra....hari hari naik

As simple as that...no money no talk

qqq3 yr master got give u tips to buy curry mee?

If not I give u now...dont have to plp me...Ok?

Posted by qqq3 > 2018-12-11 19:40 | Report Abuse

I wrote to KYY if every time $ 1.80 u call buy, 50 sen call sell, how much money also not enough.....I say I have shares at 50 sen...3 months money, should beat the market...KYY wish me luck.

Posted by Icon8888 > 2018-12-11 19:41 | Report Abuse

You guys don't have business sense

uncle Koon has business sense

You guys laugh at him, he quietly laugh back at you guys

Go read his latest article. He buried some hints there

Posted by CharlesT > 2018-12-11 19:42 | Report Abuse

Uncle got biz sense n also money to lose...

I dont have

Posted by qqq3 > 2018-12-11 19:43 | Report Abuse

I wrote to KYY if every time $ 1.80 u call buy, 50 sen call sell, how much money also not enough to lose.....I say I have shares at 50 sen...3 months money, should beat the market...KYY wish me luck.

Posted by CharlesT > 2018-12-11 19:45 | Report Abuse

I have already admitted my expensive Rm 64 million mistake because I was focusing too much on its power plant in Vietnam and ignored its property and contracting businesses.

It can only report losses in the next few years.

Why should you buy when the company cannot report any profit?


What hint? This one?

Posted by Icon8888 > 2018-12-11 19:46 | Report Abuse

Whoever that is slightly familiar with Jaks can see the hint

Posted by CharlesT > 2018-12-11 19:47 | Report Abuse

Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.

Shit i can only find this hint

Posted by Icon8888 > 2018-12-11 19:48 | Report Abuse

If you still need to ask me, that means you are laughing at a topic that you not very familiar with

Posted by CharlesT > 2018-12-11 19:49 | Report Abuse

Posted by qqq3 > Dec 11, 2018 07:43 PM | Report Abuse

I wrote to KYY if every time $ 1.80 u call buy, 50 sen call sell, how much money also not enough to lose.....I say I have shares at 50 sen...3 months money, should beat the market...KYY wish me luck.

qqq3 so scared to answer me ah...not yr style leh...

Did yr master give u tips to buy curry mee?

A simple yes or no only....like this also no balls to answer meh..aiyo

Posted by CharlesT > 2018-12-11 19:54 | Report Abuse

Even rubbish stock like Hibiscus also can goreng till sky high

Show me the power of Koon Bee again

Posted by qqq3 > 2018-12-11 19:54 | Report Abuse

don't know...after wish me luck, didn't hear from KYY.....except non stock market stuffs.....

Posted by CharlesT > 2018-12-11 19:55 | Report Abuse

U seems to be useless to Koon now if u are not lying on this

Posted by CharlesT > 2018-12-11 19:57 | Report Abuse

After Koon lost more than RM70M+ (including margin interest) he must be damn desperate now to make back ASAP

Will be fast n furious

Posted by rogers123 > 2018-12-11 19:59 | Report Abuse

Icon is also kena Jampi. Omg Still thinking jaks will rebound?

Posted by qqq3 > 2018-12-11 20:00 | Report Abuse

Truth be told...Jaks people are Wing Tek people....his father is KLSE goreng King......

Its all history now.

Posted by rogers123 > 2018-12-11 20:01 | Report Abuse

Jaks is already gone case. Hahahaha. This is the karma from wat u have conned people in PUNCAK when it was 1.20++

Posted by qqq3 > 2018-12-11 20:06 | Report Abuse

Jaks $ 1.00 some time in 2019 enough to buy cigarettes already....don't need much ........this will be the only bufalo stock...the rest will come from trading.

Posted by CharlesT > 2018-12-11 20:11 | Report Abuse

Dont curi curi go eat curry mee while pretending to promote jaks here...i got 6 sense one

Posted by Op3rs > 2018-12-11 20:20 | Report Abuse

old man wan to show debt very high, interest very high, by adding payables into the debt per share? so koon la

Posted by Op3rs > 2018-12-11 20:28 | Report Abuse

son, electricity bills are not payables.

Posted by i3lurker > Dec 11, 2018 08:24 PM | Report Abuse

his wish will come true coz companies with negative yields go under very very fast. interest becomes principal very fast.

electricity bills are hundreds of thousands per month and not all are recoverable from tenants due to unrented units.

Posted by VenFx > 2018-12-12 11:23 | Report Abuse

HAIYO !
WHY CHARLES said Bunga Merah is rubbish counter ler ?
Bunga merah merah hantar good money to me wor .

Posted by i3Value > 2018-12-12 15:46 | Report Abuse

Icon8888, you mean this sentences?

"I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money."

"Remember Jaks in not the only listed companies that you must buy."


KYY said want help investors. He said you must buy Jaks.


----------

Icon8888 I still very convince it will go up woh

You go read KYY latest article and see

There is a secret there

----------

I have openly stated that I have already sold all my Jaks shares and my rights to buy the warrants and admitted my Rm 64 million mistake. I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money.

Just like the last quarter, it reported losses due to interest charges, it is most likely continue to report losses due to interest charges for the huge bank borrowings.

Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.

Profit growth prospect is the most powerful catalyst to move share prices.
Koon Yew Yin