Posted by John Lu > 2019-06-12 21:10 | Report Abuse

Kc, dont push your luck too far, always condemn uncle Kyy on his pick for your own benefit.. U such a low life charactor

Posted by enigmatic [Breaker of Speculative Investing] > 2019-06-12 21:25 | Report Abuse

"This is purely used as an illustration of a contrarian strategy."
@John Lu, I believe you missed this part of the article?

Anyway, what can kcchongnz benefit from giving contrary views? No harm having an additional independent view to keep us traders/investors informed.

i3 forum = independent, intelligent, informed.

Posted by John Lu > 2019-06-12 21:54 | Report Abuse

U know, i know and everyone here know his intention.. Low life

Posted by qqq3 > 2019-06-12 21:56 | Report Abuse

no difference between Sendai and Dayang....both are not what I call quality companies.....

Look at the businesses, their track records, their balance sheet........How is Dayang superior to Sendai? None.

The main difference is Dayang has some sort of speculative interest while there is little speculative interest in Sendai for the moment.


On the surface, the balance sheet of Sendai appears weak, but on closer examination, we all know it is due to the tug boats ordered by an affiliated company with $ 500 million outstanding in the balance sheet. The problem can be identified. And when the problem is resolved?


As for Dayang, it is doing a restructuring with rights issue, private placements and transfer of Perdana borrowings into the balance sheet of Dayang.

So, how is Dayang superior to Sendai?

Posted by PotentialGhost > 2019-06-12 21:58 | Report Abuse

KC sick already , everytime condemn 86age charity old man, lose people respect .

Posted by qqq3 > 2019-06-12 21:59 | Report Abuse

no one tells kc there are 1000 companies in Bursa to choose from?

Posted by FoolsGold > 2019-06-12 22:11 | Report Abuse

Recall the writer mentioned in previous article on Dayang, that he own shares in Dayang, correct me if wrong.
If true, isnt it appropiate to highlight a standard disclosure note ?

Posted by FoolsGold > 2019-06-12 22:12 | Report Abuse

heavily invested in Dayang ah ?? ( just joking..)

Posted by Goh Kim Hock > 2019-06-13 00:09 | Report Abuse

This is another junk counter that will kill a lot of innocent retail speculators.

Posted by cheoky > 2019-06-13 02:04 | Report Abuse

Questioning kc value investing is also a contrarian method. Just like questioning otb sure win method. Make no money but prevent money being lost. That is a start of one own investment journey. More in depth one.

Posted by coolio > 2019-06-13 02:33 | Report Abuse

Contrarian will buy the stock at current price..still have a lot of upside potential..
Like KC said..if it goes up too much in a month, sell it and buy back when time is right, always go against the crowd..

Posted by 4444 > 2019-06-13 03:33 | Report Abuse

Oil drop more. Dayang <RM 1 soon?

Posted by PureBULL . > 2019-06-13 06:24 | Report Abuse

Dayang's story ended:-


Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD
Jun 12, 2019 10:01 AM | Report Abuse

The ending of Dayang n Carimin showed they were pure PnD stocks.
Like many, they r rebounding from the BIG bear NOW.
Might want to consider taking profit or take out all at:
Dayang >= 109
Carimin >= 77.5

PnD stocks always stay in Primary level space only.
They don't have the ability or capacity to upgrade into Secondary level.
They all failed at Std 6 !

THIS IS WHO TO BLAME:-

Like in hengyuan, dayang fell due to creation of 1 time OVERSIZE Q profit by U know who:


Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD
Jun 12, 2019 10:39 AM | Report Abuse

The mgmt is so POOR, probably NEVER go to GOOD school.

They don't even know how to do simple arithmetic av between 2 #
i.e. 90 n minus 4.

Thus forcing VALUED Fund Managers n High Rollers into SLEEPLESS nites !

warren b lingo rule as guidance:
good nite sleep = whack all at open bell of QR, even at big GAP up
sleepless nite = sell all at open bell even at huge gap down

Stocks without support from FUNDS n or HIGH.ROLLERS = for play.play short term < 2-3 months, between Std 1 to 5/6 space, certainly Not for investment.

Posted by kcchongnz > 2019-06-13 06:52 | Report Abuse

Posted by qqq3 > Jun 12, 2019 9:56 PM | Report Abuse
On the surface, the balance sheet of Sendai appears weak, but on closer examination, we all know it is due to the tug boats ordered by an affiliated company with $ 500 million outstanding in the balance sheet. The problem can be identified. And when the problem is resolved?


A "tug boat" generally cost a few hundred thousands USD. Many are worth just tens of thousands, and very few cost more than USD1 million. How come Sendai is owed RM500m for two "tug" boats? You don't even know what your company is doing?

I own a public listed company with 70% shares in the company. I get the company to build two houses for me for rental purposes. One house has been complected more than a year ago and I am collecting rental for more than a year. The other, after years of construction, it is still going on. But I don't pay the public company what the company has done for my two houses.

You don't see any problem? Nothing at all?

That is why you have lost your underwear punting on Sendai from RM1.40 to 60 sen.

Still in denial? How to become a 200 millionaire?

Can! Go to live in Indonesia.

Posted by kcchongnz > 2019-06-13 08:36 | Report Abuse

Posted by cheoky > Jun 13, 2019 2:04 AM | Report Abuse
Questioning kc value investing is also a contrarian method. Just like questioning otb sure win method. Make no money but prevent money being lost. That is a start of one own investment journey. More in depth one.

That is right. Have an inquisitive mind. Never follow blindly anybody.

Posted by Sslee > 2019-06-13 08:42 | Report Abuse

Hahahaha,
qqq3 welcome to Indonesia where the ATM allow you to withdraw 10 millions perday limit.

Posted by Sslee > 2019-06-13 09:05 | Report Abuse

Dear Negan,
Repost from blog https://klse.i3investor.com/blogs/qqq3/208057.jsp
Let's talk Buddhism.........Chinese Buddhism.
Posted by Sslee > May 29, 2019 3:57 PM | Report Abuse X
Hahahaha,
Quack accountant are you his or her? A breadwinner or housewife?
If you are a lady my profound apology, no way to treat a lady like that. I'm sorry.
Posted by qqq3 > May 29, 2019 4:05 PM | Report Abuse
my wife is in front of me now....She also not working 20 years already.......

Thank you

Posted by HYBRIC8888 > 2019-06-13 09:11 | Report Abuse

Thank you KC for the information
Most retail investors buy without knowledge of company business including me. Having said that the level of transparency of report by most companies are very limited. One must base on experience to judge and forecast the future of company in short and long term. Share prices mostly are manipulated, there are certain correlation with company performance but not 100%. For Dayang case, certain quarter and individual are manipulating the share prices at the expend of retail investors.
IB will not be caught. so beware

Posted by HYBRIC8888 > 2019-06-13 09:21 | Report Abuse

"HOW TO BE A CONTRARIAN" WILL NOT WORK for any individual and retail investors. Dayang is not a good example of sound investment, rather is a trap. How to win when you going into a trap as you are trying to give the method ?

Posted by HYBRIC8888 > 2019-06-13 09:25 | Report Abuse

KYY is preaching to be greedy (at least 30%), you are teaching to be a contrarian, in my opinion is totally wrong, not professional and confusing.

Posted by pjseow > 2019-06-13 10:23 | Report Abuse

KC, great message by using dayang as an example of human herds mentality which are influenced by the crowds without looking into the reality and details of fundamentals. Humans tends to go into both extremes of fear and greed. Dayang pricing in the last 6 months exhibited clearly the two extremes.First the over optimistic over possibilty of 2019 repeating the 2018 Q4 result rather than looking at the very seasonal nature of dayang business. Dayang's very seansonal business is very much like durian plantaion business where q2 and q3 will give the highest revenues whereas q4 will be lower but q1 will be the worst.Dont expect durians runtuh in Jan ,Feb and March. Applying the golden rules on such seasonal business is foolish. When Q1 result which was actually better yoy and the best ever q1 since 2016, the crowds behave as though dayang was gone financially .The share price drop 20 % in one day.The crowds do not look at the huge nett generation capability of dayang for both 2019 q1 and also the last 3 years. The devils are in the details.
Your article definetely served the purpose of educating the majority of investors including myself.

Posted by KLCI King > 2019-06-13 12:08 | Report Abuse

Good article, thanks, KC. I particularly like the statement below:

how can one earn extra-ordinary return if he follows the crowd? How can everyone be extra-ordinary if everyone is doing the same thing?

More importantly, how are you so sure that everyone is wrong except you? And can you bear to be a contrarian who could be wrong often in the short-time, even you are right eventually?

Posted by KLCI King > 2019-06-13 12:09 | Report Abuse

All newbies should read this article and do their homework before following anyone.

Posted by kcchongnz > 2019-06-13 12:38 | Report Abuse

Posted by FoolsGold > Jun 12, 2019 10:11 PM | Report Abuse
Recall the writer mentioned in previous article on Dayang, that he own shares in Dayang, correct me if wrong.
If true, isnt it appropiate to highlight a standard disclosure note ?


Dear Admin of i3investor,

Do you have "a standard disclosure note" that a normal contributor of educational article must be made before publishing an article in i3investor?

Please clarify as I have already contributed a total of 365 articles in i3investor, but have not made any disclosure.

Posted by kcchongnz > 2019-06-13 12:50 | Report Abuse

Posted by John Lu > Jun 12, 2019 9:10 PM | Report Abuse
Kc, dont push your luck too far, always condemn uncle Kyy on his pick for your own benefit.. U such a low life charactor
U know, i know and everyone here know his intention.. Low life

I have written 365 articles in i3investor so far. Which article, or which part of any article make any reference to the personality of anyone? Which article, or part of any article "condemn" the character of anyone?

Respect is high up in our Chinese culture, everyone should be respected,not only rich people, or old people. Hence we should not condemn anybody, whether he is rich, young or old, handsome or ugly.

But high respect is earned, not given, in my opinion.

If you wish to idolize anyone you wish to, go ahead, but don't look at others with a tinted pair of glasses.

If you view the content of this article with ill intention, it is your problem, not mine, or others.

Posted by Dr Jho Low 42 billion > 2019-06-13 13:04 | Report Abuse

wow wow wow stop right there

Posted by johnchong > 2019-06-13 13:50 | Report Abuse

Thank you kc for your generosity.

Posted by Lyo82 > 2019-06-13 14:07 | Report Abuse

"Kc, dont push your luck too far, always condemn uncle Kyy on his pick for your own benefit.. U such a low life charactor"

Remember, when you are pointing one finger at others, the rest of your fingers are pointing at your own. Cheers.

Posted by Ooi Teik Bee > 2019-06-13 14:16 |

Post removed.Why?

Posted by qqq3 > 2019-06-13 14:20 |

Post removed.Why?

Posted by qqq3 > 2019-06-13 14:32 | Report Abuse

ted by kcchongnz > Jun 13, 2019 6:52 AM | Report Abuse

A "tug boat"
====

ok , lift boats, the balance sheet problem can be identified, have been identified.....contrarian is when one takes the stand the problem can be resolved. even a not so good quarter result and lousy market, the share refuse to go down anymore.

Posted by KLCI King > 2019-06-13 14:34 | Report Abuse

According to HYBRIC8888 and apply the same concept, Warren Buffett is too totally wrong, not professional and confusing.

--------------------------------------------------
HYBRIC8888 KYY is preaching to be greedy (at least 30%), you are teaching to be a contrarian, in my opinion is totally wrong, not professional and confusing.
13/06/2019 9:25 AM

Posted by Gore Victor Lee > 2019-06-13 14:42 | Report Abuse

good article..keep up the good work..appreciate your writing...

Posted by Sslee > 2019-06-13 15:19 | Report Abuse

Hahahaha,
Qqq3 remember you already sold Sendai and bought Ekovest? Are you still keeping Sendai under your pillow? Tips for your putting Bjland 19.5 cents the downside limited and upside limitless.
Posted by qqq3 > Jun 11, 2019 10:02 AM | Report Abuse
sendai I sold at 42 cost 50, no big deal.
expected the balance sheet to have been better

Posted by qqq3 > 2019-06-13 15:19 |

Post removed.Why?

Posted by kcchongnz > 2019-06-13 15:24 | Report Abuse

Posted by PureBULL . > Jun 13, 2019 6:24 AM | Report Abuse
Dayang's story ended:-
The ending of Dayang n Carimin showed they were pure PnD stocks.
Like many, they r rebounding from the BIG bear NOW.
Might want to consider taking profit or take out all at:
Dayang >= 109
Carimin >= 77.5
PnD stocks always stay in Primary level space only.
They don't have the ability or capacity to upgrade into Secondary level.
They all failed at Std 6 !
THIS IS WHO TO BLAME:-
Like in hengyuan, dayang fell due to creation of 1 time OVERSIZE Q profit by U know who:

I still remember vividly very recently how you praised the entry of super investor into Dayang, and the numerous articles you wrote about how undervalued is Dayang, even at RM1.50, RM1.70.You even criticize people who had different opinion as you.

What happened? Why such a fast turnaround?

Posted by qqq3 > 2019-06-13 15:28 | Report Abuse

a public figure has responsibilities....

an IB analyst has responsibilities....

a blogger and a remisier? not so.


best to know.....best approach for the masses is to look for quality.....this Dayang is far from a quality company.

Posted by qqq3 > 2019-06-13 15:52 | Report Abuse

Sslee > Jun 13, 2019 3:19 PM | Report Abuse

Hahahaha,
Qqq3 remember you already sold Sendai
==========

I never say I am perfect. Sendai 47 now.....

People who bought from me at 42 is better than me.........and if KC had sailang and margin Sendai at 42 as I suggested, I shall not disturb him any more.

Posted by kcchongnz > 2019-06-13 16:03 | Report Abuse

Posted by qqq3 > Oct 8, 2018 09:43 PM | Report Abuse
Sendai is very good to me...I am sitting on 15% profits, not selling yet until I come back from holidays.

On October 8 2018 when the above post was made, Sendai was trading at about 80 sen apiece. At 15% profit, it means the cost was about 70 sen a piece.

Do the statements above tally with the statement made on Oct 8 2018 below?

Posted by qqq3 > Jun 11, 2019 10:02 AM | Report Abuse
sendai I sold at 42 cost 50, no big deal.
expected the balance sheet to have been better

Posted by Ooi Teik Bee > 2019-06-13 16:15 | Report Abuse

Posted by qqq3 > Jun 13, 2019 3:19 PM | Report Abuse

Dayang is for speculators not for investing in the growth of excellent companies......

just look at OTB record, u know already. lucky if u make some money, unlucky if u lose your pants from $ 1.00 to $ 1.70 back to $ 1.

Ans :
I bought 700k of Dayang at 0.58, I bought another 1.2 million at around 0.82.
I sold 50% around 1.20, the balance around 1.50 to 1.74.

I measure my performance on the amount of money I made from stock market.
qqq3 EPF saving for whole life is less than 1 million.
The amount of money I made from Dayang is more than his EPF saving for your whole life of working.
I made this money in less than 3 months.

I used my last finger also beat him flat on the amount of money I made from stock market.
qqq3, you jump 100 times also lost to me.
You want to beat me, qqq3, you need next life still lose to me.

This faked accountant is so thick skin to start personal attack all the times.
If he is so good, his investment in stock market should be > 100k.
I want to laugh at him, he has less than 100k to start investing in last 3 years.
I bought Dayang alone is at least 10 times more than him.

Posted by Ooi Teik Bee > 2019-06-13 16:16 |

Post removed.Why?

Posted by qqq3 > 2019-06-13 16:20 |

Post removed.Why?

Posted by qqq3 > 2019-06-13 16:24 | Report Abuse

from KYY....................


Turns out long-term exercise is number eight on the list. Eight big longevity habits, sports ranked bottom! Whats number one? [惊讶]

In the world recognized eight big longevity habits, our general concept of good health care ~ sports, ranking even bottom! Thats quite a surprise. So whats the number one longevity habit?

List of Longevity Habits

*No. 8: Sports

*#7 - Eat fish twice a week

*#6 - Eat 3 servings of whole grains per week

*No. 5: Drinking Enough Water Every Day

*No. 4: 1 egg per day

No.3: Eating Eighty Percent

*#2 - Get Enough Sleep

*#1 - Keep Your Mood Happy

The emotion to the health influence is very big, the long-term mood is depressed, the high tension person, extremely easy to cause the endocrine disorder, brings a series of health hidden danger. People who live longer than 100 years old are optimistic by nature. Though they have undergone vicissitudes of life, they still laugh at people. Cheerfulness and peace: of mind are the best medicine to prevent illness.
A happy heart  A good medicine  」

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

see...KYY also says be happy is number 1..............

Posted by qqq3 > 2019-06-13 16:25 | Report Abuse

be happy and positive..........life got no block.

Posted by Ooi Teik Bee > 2019-06-13 16:27 |

Post removed.Why?

Posted by qqq3 > 2019-06-13 16:28 | Report Abuse

u have checked my back ground? How? In your charts?

Your TA or your FA?

Posted by kcchongnz > 2019-06-13 17:52 | Report Abuse

Posted by qqq3 > Jun 13, 2019 3:52 PM | Report Abuse
People who bought from me at 42 is better than me.........and if KC had sailang and margin Sendai at 42 as I suggested, I shall not disturb him any more.

What a stupid statement above! And from a 60+ years old "accountant"?

The stock market is filled with people who know the price of everything but the value of nothing.

Posted by Sslee > 2019-06-13 17:58 | Report Abuse

Hahahaha,
Qqq3 caught with pants down by KC Chong on Sendai.

Posted by qqq3 > Jun 11, 2019 11:49 AM | Report Abuse
Ooi Teik Bee > Jun 11, 2019 10:51 AM | Report Abuse
I do not believe he has 300k.
======
inside my EPF account, I still got more than $ 300k....and my share market is also more than $ 300k.....this same account was only $ 50k a few years ago.........

I still holding 3.13 million Xingquan and my cost 600K+ and I am still positive and happy.
Agree totally with “Though they have undergone vicissitudes of life, they still laugh at people. (Nowadays, I make fun and laugh a lot at/with qqq3) Cheerfulness and peace of mind are the best medicine to prevent illness. A happy heart  A good medicine  」
Addition must also have a good heart and contribute some to charity

Posted by Sami_Value > 2019-06-13 18:07 | Report Abuse

kekekeke, someone looks like personally attached to KC wor, lol

KC, you better becareful , he potentially "broke back mountain" type & already attached emotionally to you, kekekekeke

Posted by qqq3 > 2019-06-13 18:13 | Report Abuse

ed by kcchongnz > Jun 13, 2019 5:52 PM | Report Abuse

The stock market is filled with people who know the price of everything but the value of nothing.

-------

I know that value investors have under performed all other investors long long time already..........