2 people like this.

236 comment(s). Last comment by chopstick 2 months ago

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:21 | Report Abuse

Of course, machais are willing partners and conspire in this cheating.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:21 | Report Abuse

What is cheating?

Under Malaysian Penal Code, cheating is to commit a crime under sec 420 PC.

420. Whoever cheats and thereby dishonestly induces the person deceived, whether or not the deception practiced was the sole or main inducement, to deliver any property to any person, or to make, alter, or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment for a term which shall not be less than one year and not more than ten years and with whipping, and shall also be liable to fine.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:22 | Report Abuse

YTLP on the way to 3.50
It will go down to 2.50

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:24 |

Post removed.Why?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:25 |

Post removed.Why?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:33 |

Post removed.Why?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:34 | Report Abuse

What is cheating?

Under Malaysian Penal Code, cheating is to commit a crime under sec 420 PC.

420. Whoever cheats and thereby dishonestly induces the person deceived, whether or not the deception practiced was the sole or main inducement, to deliver any property to any person, or to make, alter, or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment for a term which shall not be less than one year and not more than ten years and with whipping, and shall also be liable to fine.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:35 |

Post removed.Why?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:38 |

Post removed.Why?

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 15:45 | Report Abuse

It remind me of one upon a time qqq3 vs OTB.
But at least qqq3 now trapped in China market and have no one to blame.

godhand

1,954 posts

Posted by godhand > 2024-08-27 15:46 | Report Abuse

Posted by Sslee > 28 seconds ago | Report Abuse

It remind me of one upon a time qqq3 vs OTB.
But at least qqq3 now trapped in China market and have no one to blame.

blame xi jin ping

Berlin

387 posts

Posted by Berlin > 2024-08-27 15:46 | Report Abuse

I lost money following OTB. But I never blamed him because he was sincere and genuine. He is human and not infallible. Just that I followed the recommendations at the wrong time. Sad to say, the same cannot be said of KYY.

xiaoeh

2,772 posts

Posted by xiaoeh > 2024-08-27 15:51 | Report Abuse

nobody to blame
blame ourselves

身后有馀忘缩手
眼前无路想回头
Quoted from HongLouMeng

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:58 |

Post removed.Why?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 15:58 | Report Abuse

Kacang lupa kulit! Very shameful.

calvintaneng

56,753 posts

Posted by calvintaneng > 2024-08-27 17:05 | Report Abuse

Ok may i ask some questions ❓

Since so much confusion here

1. Ks55
You claimed to have Rm15 millions and invest in pur err tea?

2. Mr. OTB
You said you like a frugal lifestyle

Spend Rm10 ringgit a day enough

3. Uncle Kyy
One Ipoh Remisier said you lost Rm165 millions in Jaks

4. Qqq3
After you lost 50% in Sendai are you now trapped in China stocks

5. Mikecyc
You sai lang all your life savings in Jaks?

6. Ok i am calvintaneng
I have all these

Jcy cost 32 sen
Dufu cost Rm2.20
Notion cost 52.5 sen
Hexcap cost 38 sen to 48 sen

Above i sold lots of Notion and Jcy to buy more Dufu since Dufu never go up much

Now Hdd/Ssd still in great demand due to mushrooming of DC centers and Ai

If prices are down can slowly average down

If want to buy must hold since new DC centers will be ready by end 2024 to 2026

Do not punt or play contra

These Hdd will not be affected by Trump universally tax as they are needed worldwide

As for Calvin 95% of investments now in palm oil

Why palm oil?

Answer:
Palm oil survived 1997/8 Asian Financial Crisis
And did well during 2007/8 Us subprime crisis

Regards
Calvin Tan

Please forgive one Another and love our enemies

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:22 | Report Abuse

Yes. I have invested in Puer tea since 2003. Still keeping 2 tons (66 boxes) worth 7 million ringgit at today's market price. Early years puer tea appreciated by about 30% per year, with 21 years, it has appreciated 100 times.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:22 | Report Abuse

10年10倍
20年100倍

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:23 | Report Abuse

All will materialise at 26% compounded growth.
Can you be so consistent making 26% every year?
Surely it is on whole of your capital, not individual stock.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:28 | Report Abuse

From share market?
I doubt you can achieve that as market is full of surprises with market full of uncertainty.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:29 | Report Abuse

From Property?
Generally give you up to 7% per year for long term (say 30 years) unless you were so lucky to have bought houses in Bangsar 30 years ago.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:30 | Report Abuse

From Land?
If you are damn lucky to buy agriculture land cheap, and government suddenly decided to build one highway cutting through your land just like Bandar Cemerlang of Crescendo, where 50 sen psq agriculture land become 60 ringgit psf development land.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:31 | Report Abuse

What other type of investment can give you that kind of ROI at 26% consistently over next 30 years?
Surely you must do your homework with all your heart and all your soul.
Fail to plan is plan to fail.
Learn what ever skill to make you live.
Always remember, KNOWLEDGE IS POWER.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:35 | Report Abuse

My achievement is not done overnight. It took me 40 years of hard work to be what I am today.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:38 | Report Abuse

Yes. I do have few houses. Recently sold one for slightly more than a million ringgit.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:42 | Report Abuse

My son and his wife own 10 condominiums in KL (Mont Kiara) and PJ. One for own dwelling, 9 for rental income. Each condo rental income net of management fees amount to 4k.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:45 | Report Abuse

I need not brag about my son and his wife occupation. They are both C-Level management.

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 18:46 | Report Abuse

Careful there are so many Puer tea scam.
I doubt ks55 got any buyer to take his 2 tons (66 boxes) puer tea for 7 million ringgit at today's market price.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:47 |

Post removed.Why?

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 18:48 | Report Abuse

A C-level management can owned 10 condominiums in KL (Mont Kiara) and PJ with after tax salarly?

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 18:50 | Report Abuse

Know how much it cost to become a doctor?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:51 |

Post removed.Why?

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 18:54 | Report Abuse

Still got people believe in mainland China fairly tales?

klee

3,527 posts

Posted by klee > 2024-08-27 18:58 | Report Abuse

ks55,what you have stated cant be verified.
here is i3 investor,just give us one good stock with reasons and we shall see how good you are :)

ks55

4,257 posts

Posted by ks55 > 2024-08-27 18:58 | Report Abuse

Posted by Sslee > Aug 27, 2024 6:54 PM | Report Abuse

Still got people believe in mainland China fairly tales?



Seeing is believing. Who can dream of puer tea investment if is not guided (mentor) and peers' influence?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 19:00 |

Post removed.Why?

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 19:00 | Report Abuse

My sincere advise, please sell your 2 tons (66 boxes) puer tea and use the money on yourself or with your wife to tour the world.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 19:01 | Report Abuse

Yes. I have invested big in Crescendo, that will give me profit up to 300% right now.

klee

3,527 posts

Posted by klee > 2024-08-27 19:01 | Report Abuse

ks55,then save your blowing...lol

Simple Man

908 posts

Posted by Simple Man > 2024-08-27 19:01 | Report Abuse

envy so many rich person here.

klee

3,527 posts

Posted by klee > 2024-08-27 19:02 | Report Abuse

so your answer is cresndo?

Simple Man

908 posts

Posted by Simple Man > 2024-08-27 19:03 | Report Abuse

so, what is the next star stock going to shut up soon?

ks55

4,257 posts

Posted by ks55 > 2024-08-27 19:03 | Report Abuse

Posted by Sslee > Aug 27, 2024 7:00 PM | Report Abuse

My sincere advise, please sell your 2 tons (66 boxes) puer tea and use the money on yourself or with your wife to tour the world.



No need to worry. I have too much cash in FD and dividend from stocks already more than enough to live comfortably.

Every year I will spend a couple of months with my grand children in UK.

Simple Man

908 posts

Posted by Simple Man > 2024-08-27 19:10 | Report Abuse

spent whole of life to earn so much money, but only manage to spend 20-30% of the total wealth before die.. do you feel "pekcek" or "dulan"? You should use up at least 80% to be grateful on your own.

Sslee

6,938 posts

Posted by Sslee > 2024-08-27 19:12 | Report Abuse

Posted by Simple Man > Aug 27, 2024 7:01 PM | Report Abuse
envy so many rich person here

Now only you know so many super rich people in i3?
By the way klee owned 4 real estate companies.

OTB

11,580 posts

Posted by OTB > 2024-08-27 19:17 |

Post removed.Why?

klee

3,527 posts

Posted by klee > 2024-08-27 19:21 | Report Abuse

Otb,you are proven to be good in stocks.If lawan stock investing,you cant lose.
The rest of the personal stuff no one knows. :)

ks55

4,257 posts

Posted by ks55 > 2024-08-27 19:24 | Report Abuse

Posted by Sslee > Aug 27, 2024 6:50 PM | Report Abuse

Know how much it cost to become a doctor?



About 20 years ago, I spent 350k for my son's Accounting and Finance degree in LSE, spent another 800k for my daughter's MBBS in University of Edinburgh.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 19:25 | Report Abuse

Now is more than a million ringgit for medical course.

ks55

4,257 posts

Posted by ks55 > 2024-08-27 19:31 | Report Abuse

君子爱财,取之有道,该当你老子的,自然当仁不让。不要不义之财。

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