Posted by Flying Fox > 2021-03-06 14:31 | Report Abuse

Koon Yee Yin = Con You Yin

Some called him “FOOL YOU YIN”

Posted by probability > 2021-03-06 15:11 | Report Abuse

Mr, Koon wrote below on 28th Feb before declaring by 3rd March (in 3 days time) that he sold all 3 weeks ago:
.......................

I have written more than 10 articles on Supermax. As a result, many of my readers would have bought and sold to make a lot of money. But if they did not sell earlier, depending on their average purchase price, they may be losing money on paper because it has been dropping from Rm 10.70 on 19 Oct to close at Rm 4.84. It has dropped more than 50% in the last 4 months as show on the chart above.

The losers must be cursing me for apparently misleading them.I have no reason to ask them to buy to support the share price because the daily volume traded is tens of million shares and whether they buy or sell would not make much difference to the share price.

As a co-founder of Rubberex, I was told that the demand for glove is still surging due to Covid 19 pandemic despite massive vaccination. Moreover, many more medical workers are wearing glove to do the injection for safety. Additional gloves are required.

In fact, Professor Peter Piot of London Medical College said that at least 70% of the population in the world must be vaccinated to prevent the spread of the coronavirus. It will take a long time to produce enough of Vaccine to vaccinate 70% of the world population of 7.6 billion people. Currently only the rich nations can afford to buy vaccine to vaccinate their citizens. Unfortunately, there are many more poor nations who cannot afford to buy the vaccine.

Professor Peter Piot and many scientists predicted the Covid 19 pandemic will continue for another 4 or 5 years. Based on this fact, the demand for gloves should continue to surge for a long time and all glove makers can easily increase their selling prices to make more and more profit which should be reflected on their share prices.

This morning, I spoke to Mr Ken Cheang, CEO of Comfort Gloves to ask him if he could sell some gloves to an old friend who is a trader. He said that all his production is already presold for the whole year. If my friend wants to place an order, he can only supply in 2022 but he cannot fix the selling price now as the selling price is increasing constantly due to the surge in demand for gloves.

For no logical reason, all the glove stocks have been dropping in the last 4 months while the companies are making more and more profit. It is so ridiculous and defies investment logic.

Supermax first quarter ending Sept EPS 30.58 sen and 2nd quarter ending Dec 41.14 sen, totalling 71.72 sen for half year. Assuming each of the 3rd and 4th quarter EPS is 40.14 sen, its annual EPS will be Rm 1.54 per share.

Based on PE 10, my target price is Rm 15.40 which is easily achievable.

Supermax cannot continue to drop for whatever reason. Sooner or later, it must rebound. It will shoot up very rapidly to reach my target price.

My last advice is to get ready to buy back at cheaper prices. Even if you buy at current price level, you should not be afraid because the down side risk is minimum.

...........

"I want to reassure them that I wrote my articles with good and honest intention."

That was written on 2nd paragraph... my gut feelings say he did write it with honest intention... and then he sold all within the next 3 days

Reason is he would have thought that by behaving completely opposite to what he had said sincerely on 28th Feb, may give him an edge...but unfortunately it was done under psychological stress...and it back fired.

Posted by probability > 2021-03-06 15:18 | Report Abuse

the fact that his repeated advocative articles failed to reverse the trend of supermax share price...would have made him feel he was absolutely having zero influence on market...that would have spooked him and succumbed (as he was heavily invested)

Posted by Tobby > 2021-03-06 15:25 | Report Abuse

To me, he is like your Grandpa! Grandpa you don't want in your life! Or else, he will claim credit for everything and then koon you left and right!

Posted by probability > 2021-03-06 15:25 | Report Abuse

further i expect emotion has a greater influence at his age than logic

Posted by Tobby > 2021-03-06 15:28 | Report Abuse

The truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn’t. So what is the truth now???

By the way one of the ultimate truths is everyone in here is trying to make money from the market with whatever way they see fit. And one undeniable fact is; an easy and quick way to make money is following the “Koon Bee’s” stocks at early stage and sell before Mr. Koon start to sell.

Answer : SsLee! Great summary!

Posted by bwho > 2021-03-06 15:28 | Report Abuse

whether he is friends or foes is up to individual to judge him afterall everyone had it's own opinion ,so called one type of rice fed so many type of people.

Posted by probability > 2021-03-06 15:29 | Report Abuse

he would have thought the rapidly declining covid cases worldwide (by end of Feb) is a sign that the war on covid was over with vaccination

sadly end of Feb was the bottom of the covid cases count worldwide before it reversed upward

Posted by probability > 2021-03-06 15:32 | Report Abuse

he calling up CEO of Comfort shows he was under tremendous stress and panicking....as usual emotions overtakes logics

Posted by Stockisnotfun > 2021-03-06 15:38 | Report Abuse

Just a sly fox only. Don't think too much. Sold already still asking people to buy.

Posted by information > 2021-03-06 15:39 | Report Abuse

uncle if sold 3 weeks ago and informed his VIP whatsap group, information easily will leak in 1 week la!

Posted by Airline Bobby > 2021-03-06 16:00 | Report Abuse

Don't mess with the buaya

Posted by CharlesT > 2021-03-06 16:07 | Report Abuse

Last 2 paragraph worths a lot of money.

SSLee dont get too obessed with yr Insas...

Posted by enning22 > 2021-03-06 16:45 | Report Abuse

why any body should take kyy's words seriously? he is just a actor, never mean what he said

Posted by investor223 > 2021-03-06 17:02 | Report Abuse

KYY is an old man. Let him be. I know some people are taken for a ride
especially in AT. Just like Buddha says Be wise and do your homework.
Have a profitable trading week ahead.

Posted by DickyMe > 2021-03-06 17:03 | Report Abuse

Blame yourself for your own doing.
He is not responsible for your foolishness.

Posted by information > 2021-03-06 17:36 | Report Abuse

Speedy variants power virus surge sweeping Europe

March 6, 2021

https://www.thehour.com/news/article/Speedy-variants-power-virus-surge-sweeping-Europe-16005367.php

“This is the demonstration that the virus has a sort of intelligence, even if it is a single-cell organism. We can put up all the barriers in the world and imagine that they work, but in the end, it adapts and penetrates them,’’ lamented Bollate Mayor Francesco Vassallo.

Bollate was the first city in Lombardy, the northern region that has been the epicenter in each of Italy’s three surges, to be sealed off from neighbors because of mutant versions that the World Health Organization says are now powering another uptick in infections across Europe. The variants also include versions first identified in South Africa and Brazil.

Europe recorded 1 million new COVID-19 cases last week, an increase of 9% from the previous week and a reversal that ended a six-week decline, WHO said Thursday.

Posted by Sslee > 2021-03-06 18:56 | Report Abuse

Dear CharlesT,
Your advice noted with thanks.
INSAS and INSAS-WC is now about 50% of my portfolio.

Posted by maggiemee > 2021-03-06 19:03 | Report Abuse

boycott aka old fox

Posted by Mat Cendana > 2021-03-06 19:13 | Report Abuse

@probability - Interesting comments and angle, especially the mental factor of KYY's age. Now that you had mentioned this, it got me thinking of my own experiences with those of the elderly age group. My father is among this. And don't forget the most famous of all - Tun Mahathir.

Not all are the same of course. But they do share a few characteristics. The most common is, they tend to be erratic. Not to mention forgetful, and very easy to take offence and sulk.

Posted by probability > 2021-03-06 19:31 |

Post removed.Why?

Posted by Mat Cendana > 2021-03-06 19:42 | Report Abuse

With KYY's Supermax episode - I don't think he's telling the whole truth. "Sold all 3 weeks ago"... but still talking up the counter after that. This isn't consistent with what the average person would do. Even if he has become erratic due to the onset of old age.

I think he had indeed sold some before this, especially if he had bought on margin. With the counter in an obvious downtrend, that's a prudent thing to do. To ensure one isn't overly burdened by the margin buy, and to have the resources to average the cost later on.

But whatever the whole truth is, Koon's reputation among the investors/speculators/traders here has taken another beating. After the AT episode late last year.

Previously many had hero-worshipped him as _the_ top Bursa Guru. The stature and deference shown by these acolytes over the years would surely have pleased him a lot. As it would have been for any one of us too.

Unfortunately the previous positive sentiment had gone the other way. In fact nowadays comments about Koon tend to be nasty...and his supporters no longer come to his defence. And he has himself to blame, no thanks to the posts and actions where he doesn't come out as honest and forthright. Instead, as someone with secret agendas and using his previous stature and influence for his benefit, first and foremost. And not as the 'wise and kindly uncle' he had taken years to cultivate.

Let this be a lesson for everyone, especially those fairly new to the stockmarket. Read and consider what people write here, especially those we feel "know stuff". But in the final analysis, each and every one of us make our own decisions. Nothing is forced onto us - if we were influenced by someone, it's because we had allowed ourselves to be so.

Learn from our mistakes and successes, and never blame others when it is we who had clicked on the Buy and Sell buttons. Only by being honest and continuous learning will we improve. Including in becoming better and more consistent investors.

Posted by maggiemee > 2021-03-06 19:53 | Report Abuse

After Sold all three weeks ago only publish said supermax downtrend. Cb kia Lai de aka old fox make all his follower suffer from big loss

Posted by Tobby > 2021-03-06 19:57 | Report Abuse

I think Grandpa Koon should close down his comment section! It will solve his problem once and for all! Last time nobody notice he has been baiting innocent bystanders! Since practicing democracy, only know we knew he sold his Spermax 3 months ago but continue to promote it for the last 3 weeks! I mean, hold up! Wait a minute! Something ain't right!

Posted by ahbah > 2021-03-06 21:03 | Report Abuse

Thou shalt not lie. Lying is a sin.

Posted by kimhaolian > 2021-03-06 21:08 | Report Abuse

If he sold 3 weeks ago sure he condamn kaw kaw immediately, not going to keep writing blog to promote Supermax.
I suspect actually he just cut loss this week but claiming that he sold 3 weeks ago, to save his face..wakaka....
Like what he did on AT, promote kaw kaw then sell at high and immediately write new post condamn AT kaw kaw....
This time he also promote Supermax kaw kaw but thing did not go as he plan the price keep going down, write more post, price more low until this week beh tahan kena cut loss liao then sold and write post to condamn kaw kaw , but claiming he sold early not to lose face, wakaka....
karma wor..............

Posted by kimhaolian > 2021-03-06 21:12 | Report Abuse

Now he cut loss already and if Supermax start rebound to max..... then we are very happy, let him gigit jari and serve him right,
Karma wor unker..... Karma....

Posted by kelvin61 > 2021-03-06 23:25 | Report Abuse

Well, if Geezer wants to use i3 to make his money and justify killing newbies along the way, fine, it's his argument to win. But at this old age to get cursed and the extra money won't make much difference in his life, I think it's foolish.

Posted by STFU_FU > 2021-03-06 23:29 | Report Abuse

Posted by DickyMe > Mar 6, 2021 5:03 PM | Report Abuse

Blame yourself for your own doing.
He is not responsible for your foolishness.


==== >> dickyme
Then why you comment here ? Why need to be so condescending? Think you more pandai ? So who’s responsible for your own foolishness then, wakaka ?

Go bark at the BeeDee Tree elsewhere, ignore this T R O L L

Posted by supersaiyan3 > 2021-03-06 23:57 | Report Abuse

Q1. Is he friend?

He is a friend, only because his actions are predictable.

Q2. What to do with Supermax?

Still a long term fantastic pick and short-term ding-dong stock.

Q3 (million dollar question). How much $$ KYY got left?

10 million maybe?

Q4. What stock to buy to win back his capital?

Hibiscus?

Posted by dusti > 2021-03-07 13:28 | Report Abuse

Old man with many enemies; time to redeem

Posted by firehawk > 2021-03-07 14:22 | Report Abuse

The difference between Mr.KYY and Calvin Tan in i3 is, KYY still can post in i3 .....
I think KYY has better relationship with i3 key-persons. ​

My experience,
I was banned from posting in JAKS forum, bcos i'm not always putting up postings in-line with people expect, and JAKS is the top pick of many key-persons ..... and sometimes my postings make sense.

Maybe after this posting, i'm entirely banned, i would feel OK! bcos i'm only a very tiny figure.

i3 is for independent, intelligent, informed.

Posted by VTrade > 2021-03-07 15:52 | Report Abuse

Small investor is energy. He need the energy to play the game.

Posted by shareinvestment7 > 2021-03-07 21:03 | Report Abuse

Con You Yin, how many tons of money you lost in supermax. Jom, come out yam cha and tell us leh.. haha

Posted by Windy1974 > 2021-03-08 00:44 | Report Abuse

SSlee. Don't worry. Insas has high NTA. So, you won't be too worst off apart from ding dong between 0.70 - 1.00 haha.
You know what i would do as a shrewd businessman? By the time i believe i wanna cash out my profit in my company, i would just increase my shareholding to the Mandatory General Offer (MGO) level and then offer everyone RM1.20 per share. Now, that's being generous haha. Hopefully you are right with your judgement

Posted by ratha52 > 2021-03-08 01:03 | Report Abuse

he is neither friend nor foe to me. but in my view he is a bit more of self centered, as per say, 'me first'.

Posted by Sslee > 2021-03-08 07:19 | Report Abuse

Dear Windy1974,
Insas is a company with tangible/liquid assets worth many times more than the current Mr Market price. When I find a company like this, I feel relatively safe buying it because I know there’s a lot of downside protection.

My investment thesis: Focus on the downside, and the upside will take care of itself.

Posted by Sslee > 2021-03-08 07:23 | Report Abuse

Moreover Insas is profitable, growing and dividend giving company.

Posted by Windy1974 > 2021-03-08 07:42 | Report Abuse

SSlee i agree with you Insas is safe.

Posted by newbie4444 > 2021-03-08 07:51 | Report Abuse

Even if Inari going down and down, Insas still safe?

Posted by Sslee > 2021-03-08 08:26 | Report Abuse

Thanks Windy1974,
Insas already reach my max cap of 50% portfolio. The other 50% is on recovery, grow and trading/speculative stocks as I need to take more risks to grow my portfolio faster.

Posted by LossAversion > 2021-03-08 08:33 | Report Abuse

When one loses over KYY's writings, one has no one to blame but himself/herself for NOT doing your own homework and just follow blindly. If one gains from following KYY, then one has no one to praise but himself/herself for making the right decision to follow KYY. Bottom line, please Don't blame others.

Posted by alphajack > 2021-03-08 08:39 | Report Abuse

Koon is just an evil selfish shark who had good victories in the past but recently karma got him. Still damn rich but he lost his reputation now. Might die an unhappy man kakakaka

Posted by Sslee > 2021-03-08 08:47 | Report Abuse

Remember the only truth: When life knocks you down, always remember to stand up after every fall, it's all about being strong and coming out stronger! ...

Posted by sink or swim .. > 2021-03-08 09:13 | Report Abuse

it's every man for himself

Posted by dumbdumb123 > 2021-03-08 10:20 | Report Abuse

Lesson learnt. You must not follow anybody blindly. Use your head. If anybody is to be blamed. you are, too.

Posted by djibaok > 2021-03-08 11:35 | Report Abuse

Mr. Koon Yew Yin is neither friend nor foe... He is just another pineapple eater in my book...

Posted by LossAversion > 2021-03-08 11:42 | Report Abuse

He is just another credible reference center for me to make my own decision and take action.

Posted by scenery > 2021-03-08 12:11 |

Post removed.Why?

Posted by Sslee > 2021-03-08 13:18 | Report Abuse

Haha,
Mr. Koon still hard sell to you when he already sold three weeks ago.
As of Calvin no one know when he buy or when he sold because he give so many recommendations per year.