KARAMBUNAI CORP BHD

KLSE (MYR): KBUNAI (3115)

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0.11

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6 people like this.

2,037 comment(s). Last comment by calvintaneng 2024-07-06 12:10

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-13 21:58 | Report Abuse

No need to Panic

Last year crude oil crashed. We survived.

We got cheaper ron95 petrol

Ringgit also crashed. Exporting counters made us tons of money.

Now IMDB problem?

It shall also pass on without a ripple.

IMDB's debt is RM42 Billions Not RM4.2 Trillions. US Now in $100 Trillion Debt (See US Debt Clock) Yet Us Dollar Very Strong.

Remember these facts

1) IMDB has LOTS OF HIGH VALUE ASSETS LIKE BANDAR MALAYSIA & TRX

These can be liquidated for cash.

2) We Have Over RM400 Billions in Reserve. Greece has almost nothing.

3) WE ALSO HAVE PETRONAS AS LENDER OF LAST RESORT IF NEEDS BE

So Think on the Brighter Side.

If there is knee jerk reaction and sell down - it presents us another buying opportunity.

Don't panic and never act rashly.

All these events will past away.

Some day you will look back and laugh.

Posted by MaErTaiRuoXi > 2015-05-13 22:06 | Report Abuse

It must get worse before it gets better

Posted by MaErTaiRuoXi > 2015-05-13 22:10 | Report Abuse

The only good thing is KEESHAN you recommend, my cost is 49 sen, still holding it until... until.......... ...

Posted by MaErTaiRuoXi > 2015-05-13 22:10 | Report Abuse

until you ask me to sell it and switch to KBUNAI... hahahahaaaa

Posted by 马尔泰.若曦 > 2015-05-13 22:25 | Report Abuse

CHEK THE PRICE OF UEMS @ 2015-02-26 and TODAY @2015-05-13
______________________________________________
calvintaneng >
WOW!

FANTASTIC RESULT!!

REVENUE JUMPED BY 150%

PROFIT JUMPED 71% to 6 CENTS!

Annualized P/E is Only 5.75

NTA also Increased to RM1.40 (Many Assets Still At Old Book Value)

And a Nice Dividend on the Way!

THIS SHARE IS TOTALLY UNDERVALUE.
26/02/2015 19:45
____________________________________

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-13 22:32 | Report Abuse

MaEr

Happy that you made money in Kheesan

I like Kheesan as there is little competition in its Mint Plus Sweets.

However, our Friend KcchongNz has found London Biscuit Management questionable. The Same Bosses are also major owners of Kheesan. So making some and leave early is a wise decision.

The Guy whom I bought Super with also bought into Kheesan and caused a price rise.

While Kheesan is a growth stock this Kbunai is not.

Kbunai is a turnaround deep value stock. More patience is needed here. But I think it will be more rewarding for Value Investing.

This past few days I have seen many stocks I like being sold down.

I am still watching out for bargains thrown out together with the Slaughtering of those caught in ACE traps.

It will be a roller coaster for many this month of May.

I think Kbunai & other 11MP stocks will be well supported by May 21st 11MP Official Announcement.

My First Criteria is to buy low. And then average down.

I bought kbunai at 6.5 cents. I try to get it at 6 cents. But there were 14 million shares blocking at 6.5 cents. I am happy to buy a little more today at 7 cents.

I follow my own principle in investment

HE THAT IS LOW NEEDS FEAR NO FALL

Once a counter is on fire like Super, Opcom, Ipmuda and others I no longer encourage others to chase.

Back of all my approach is "NOT TO LOSE MONEY".

Regards,

Calvin Tan
Jurong West, Singapore

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-13 22:47 | Report Abuse

MaEr

I like UEMS & MULPHA Both because of their undervalue Land banks in Iskandar.

UEMS Lands are Valued at RM5.40 per sq ft

Mulpha Leisure Farm Lands are Valued at RM8.40 psf

UEMS Was Sold down today. What could be the cause?

1) Both Maybank IB & Spore Press gave impression that there is a Glut in Iskandar. But the Picture is lopsided and inaccurate.

It only concerns High End Condos. For UEMS it has lots of Commercial & Industrial Lands. Ascendas Tech Park, Motorsports City, China Dragon Mart are now being built. SILC Industrial Properties by UEMS Are selling like hot cakes.

So the news are not accurate.

Yesterday at JB High Court a medium cost 2 storey house went for auction.
Reserved price was RM160,000. Final bid price RM240,000

One of my Investors bought a similar house here last year for only RM142,000 through auction. So landed properties are still doing very well in Iskandar.

2) Sold Down by EPF & switched to CMSB. Because EPF knew HSR will be delayed but 11MP CMSB will get Pan Borneo Highway projects?

In any case I look forward to add more on UEMS Weakness.

Don't buy all at one go. Just buy a little by little on weakness.

For the next 8 days I am looking forward to 11MP


Coldrisks

I think FACBIND Boss is more aware of the cash flow problem than us. Just leave it to him to manage.

Posted by Unbeatable Nick > 2015-05-13 22:54 | Report Abuse

Hi Calvin, do u think SCABLE will get any benefit from 11MP? it's kinda oversold now i think

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-13 23:01 | Report Abuse

Unbeatable Nick,

Yes Directly or Indirectly both scable & HSL will also benefit from 11MP as they are Sarawak based

I have selected CMSB, KKB, Naim, Weida & Kbunai because of their High NTA as a Margin of Safety. Naim, Weida & Kbunai have Solid NTA Backing while CMSB & KKB Are Market Favourites during 5 Year MP for ETP

Posted by Unbeatable Nick > 2015-05-13 23:03 | Report Abuse

tks Calvin

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-13 23:17 |

Post removed.Why?

show

331 posts

Posted by show > 2015-05-14 07:30 | Report Abuse

There are professional valuers, big investment companies they have experts, they know the true value of Kbunai, if Kbunai is worth as much as calvin, it wont be 7 sen today, those people already know something is very wrong, they know those land are not worth anything. That is why they are not buying kbunai.. only calvin, thinking he is smarter than those professionals who has access to inside information of kbunai. Calvin can only wish for this and that, imagine this and that, but reality is kbunai is sinking... they have never make profit, kept on losing money and kept on issuing more shares to survive. They have reach almost the limit now, at 7 billion shares with their revenue cant even touch 80 million a year and loss making... they are doomed.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 08:21 | Report Abuse

Is it so?

Then why also no professional valuer discover perak corp at 60 cents or sbc corp at 50 cents when Calvin called for a buy.

What about Focal Aims at 11 cents and Tebrau at 10 cents only?

Why now only experts and analysts come out to recommend Perak Corp, Sbc Corp, Ecoworldand IWF (Tebrau) so highly?

What happened before to others can happen again for kbunai.

I expect some future date experts of tomorrow will come out to highlight the great prospects of kbunai too.

show

331 posts

Posted by show > 2015-05-14 09:02 | Report Abuse

of cos big investors were buying up focal, prkcorp and etc...that's why all the shares goes up and not go downwards. It only take a very short time once they discover SPSETIA take-over of Focal before it shoots up, it only take a short while for PRKCORP to shoot up once integrax ports were ready for operations.. BUT calvin is buying kbunai for the sake of its land, those land has been there for donkey years and if those lands are good, kbunai share price would have gone up but it keep on dropping. Something is very wrong.

SinGor

4,927 posts

Posted by SinGor > 2015-05-14 09:06 | Report Abuse

I like hamsubchai front line charging stand. Never said die ("just don't care--maybe very richman

show

331 posts

Posted by show > 2015-05-14 09:09 | Report Abuse

watch out people, kbunai is a loss making company, never makes profit. once it announce a big loss, it may even go into PN17. once PN17, kbunai will crash to 2 or 3 sen... then may even get suspended and delisted, you may even lose all your money. IS it worth the risk ? so many other counters to buy why risk on such a dangerous company.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 09:12 | Report Abuse

Is that so?

Then why nobody follow me to buy Perak Corp when it was 60 cents.

And of course if Show was around in year 2006 he would say the same thing about Perak Corp?

show

331 posts

Posted by show > 2015-05-14 09:13 | Report Abuse

There are tons of people buying PRKCORP back then, in investlah forum so many of them buying.

show

331 posts

Posted by show > 2015-05-14 09:14 | Report Abuse

there are also many investment house buying at that time when EPF was clearing their position. IF nobody buy, u think PRKCORP can rise to current price.

show

331 posts

Posted by show > 2015-05-14 09:25 | Report Abuse

you are buying prkcorp bcause you think its NTA is high BUT the reality is PRKCORP rise is because of its port monopoly operations, without the port monopoly operations.. all the NTA from land valuation are useless. If Kbunai also have port monopoly license... then I agree that Kbunai is worth buying, but kbunai has nothing.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 11:14 | Report Abuse

I caught you Show. You are speaking nonsense. After I bought Perak Corp in 2006 at 60 cents where got buyers? In fact Perak Corp crashed to a low of 40 cents only.

show

331 posts

Posted by show > 2015-05-14 11:20 | Report Abuse

people has been buying Perak Corp even before it drops to 60 sen , a lot of people know about Prkcorp long before you know it. People were undecided back then because not sure their port operations will make money or not. Once port operation was proven to be profitable, PRKCORP Starts to move up. Has kbunai show any profitablilties ? None... if you depend on 11 MP for kbunai to go up, just look at the vol.. just few days away, still no vol.. means nothing lah, if got surely insiders would have been buying already.

show

331 posts

Posted by show > 2015-05-14 11:21 | Report Abuse

by buying 10 lots just to prop up kbunai to 7 sen wont help either.

george99

259 posts

Posted by george99 > 2015-05-14 11:35 | Report Abuse

Calvin bro... u buy perak corp in 2006 n sold in which year ? N what price.? I am not familiar in perak corp...

show

331 posts

Posted by show > 2015-05-14 11:42 | Report Abuse

you know calvin, last time when I first come to this website, I saw you writing about BJCORP and GSB, both seems like got some potential, so I thought wow.. maybe this guy is worth following. BUT suddenly to my horror kbunai come out from calvin mouth, all my good impression of him gone immediately. The more calvin promote kbunai, the more low he has become.. we all know kbunai has no more hope, it is game over long ago, just waiting to go bankrupt.

Posted by 马尔泰.若曦 > 2015-05-14 12:08 | Report Abuse

I thought when the price of GSB hit a recent high of 14 sen, Calvin said it is heading to 18 sen
but after that it retreated quickly. Today is chopping cheap 10.5 sen. Calvin is correct at KHEESAN, SUPER, but fatally mistake because he overestimates GSB.

Still, if you buy KHEESAN(50 sen): SUPER(RM 1.20): GSB(14 sen) in 1:1:1 ratio
You still make average 78% profit in 7 months.... argh, GSB..... =

show

331 posts

Posted by show > 2015-05-14 12:09 | Report Abuse

George, he will just go and check prkcorp historical price, then he will say he buy at the lowest and then sold at the highest :)

nancytang

469 posts

Posted by nancytang > 2015-05-14 12:24 | Report Abuse

Every share he bought he'll say he bought it at the lowest ... he's naive to think people will really believes him ha!ha!

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 12:24 | Report Abuse

George99

I loaded up on Perak Corp at 60 cents in year 2006.
I told all the remisiers I know in Johor to buy. None were interested ar all. Then I called Mr Lee of Public Auto in Sri Manjung to buy. Mr Lee then called his remisier in Perak about Perak Corp. Theyflatly told him not to buy Perak Corp as it is quite useless.

So near yet so far. None of the remisier from Perak also interested in Perak Corp. Then next year after Perak Corp has crossed Rm1.50 from 60 cents(up 150%) only then Mr Lee phoned me how Perak Corp now can buy at Rm1.50 because of good results.

Ha! I sold all into strength on the way up when others turned bullish.

This is Mr Lee phone 019 5556016

Boss of Public Auto

He sells good quality cars in Sri Manjung near Lumut

Posted by Fám Jenny > 2015-05-14 12:42 | Report Abuse

The more Calvin writes and promotes KBUNAI, the more cautious you should be.
May be this is a trap, or may be not.

Just like how wahaha126 promoted CSL when the price were super high once.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-05-14 12:57 | Report Abuse

Fake FamJenny,you better don't use my name to post here you will be caught by the cyberpolice very soon.I can easily trace you.

SinGor

4,927 posts

Posted by SinGor > 2015-05-14 13:02 | Report Abuse

at 7cents and no buying volume--similar to quicksand (only welcome you in but no back door
for exit )

ahamo

10 posts

Posted by ahamo > 2015-05-14 13:15 | Report Abuse

this counter has take-under risk, not take over.. in other words, the management is happy to hold on its land bank and does nothing while the company is bleeding capital for the next 10 years (based on its equity of RM 871 million including reserves of about RM 220 million, the company can handle losses of average RM 87 million per annum for 10 years before it falls into PN17).. if and when, the management receives an attractive offer or attractive JV proposals for its land bank, the owner who already owns 68% would pay a little premium to its shareholders to privatise the company.. the company history shows that the owner had tried to shallow up bukit unggul land at forced sale price in 2011 but was unsuccessful.. the possibilities are high that the owner would do it again..

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 13:23 | Report Abuse

I got one strong and very valid suggestion that will protect all Value Investors.

Every one must complain to Bursa about Companies who own Assets over 10 to 30 years who still have prime assets still stated at Old Book Value.

Last time my NST shares and Pelangi Bhd shares were taken private when assets were stated at Old Book.

In year 1997 a 10,000 sq ft bungalow went for Rm170k in KL High Court Auction.
Imagine someone buy over assets with old book value of only Rm170,000?

Safeguards will be implemented one find day. Then all will know Calvin stock picks. Meanwhile you invest in what you know best.

Wishing all here all the very best.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 13:25 | Report Abuse

Countdown to 11Mp

Only 7 more days....

7, 6, 5 , 4, 3, 2, Kaboom Wang Tunai.....

Posted by 0wahaha126 > 2015-05-14 13:31 | Report Abuse

Calvin give you gula-gula (KHEESAN) yes, it up from 50 sen to 70 sen,
now lure you KBUNAI to take back your profit.... Fam Jenny is happy about tat.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 13:36 | Report Abuse

I told all to wait till 21st May2015, didn't I?

Can you wait for 7 more days before final conclusion?

Get ready for 11 Malaysia Plan Official Announcement.

Posted by 0wahaha126 > 2015-05-14 13:42 | Report Abuse

***Long term very bullish???*** ??? If can goreng like HARVEST from 20 sen to RM 2.00 once,
wah.... you think they want meh?

Posted by 0wahaha126 > 2015-05-14 13:45 | Report Abuse

ni zhe me jing zhang zuo shen me?

choop818

707 posts

Posted by choop818 > 2015-05-14 13:48 | Report Abuse

To be fair to Calvin, his recent `promotions' on Kbunai hinges on Najib this time around fulfilling his promise to help develop the resort, a promise he made in 10MP. If one looks at the price for the last 5 years, currently at 7 sen,it is already at near bottom (6 sen). Under the circumstances, it may be worthwhile taking a punt, but don't be greedy by throwing in your kitchen sink as well. Also, Tengku Faisal didn't mention Kbunai as a pump and dump counter.

show

331 posts

Posted by show > 2015-05-14 14:35 | Report Abuse

fittings of holiday sea side resorts will depreciate much faster because of the salty air, very easily rust... we can expect kbunai to suffer bigger loss as more fittings are growing older. Some of you may think 7 sen is worth a punt but a company with such a huge number of shares, will very hard to move up. BUT very easy to fall if bad news is announced.

Posted by donfollowblindly > 2015-05-14 14:40 | Report Abuse

Loss and more losses during property boom time. What to expect when property slowdown like this year? Even higher losses. Dustbin stock likely for Kbunai.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 14:50 | Report Abuse

Owahaha126

Yes. Long term very bullish for kbunai.

Last time Perak Corp was 40 cents.

After 9 years it is over Rm3.20 now.
It's up 15 cents.

If you take last time price at 40 cents.

Perak Corp actually limit up already at 37.5%.

This is the wonder of compounding you gain by longer term investing.

One of my long term bullish stock is UMW bought in year 2004 at Rm2.40. Today 11 years later a Blue Chip over Rm10.00

Posted by Penipu_Value > 2015-05-14 15:31 | Report Abuse

CALVIN RECOMMENDED UEMS @ 1.38+.... SAID" BOTTOMED ALREADY"
SEE NOW TODAY----------MORE BOTTOM TO COME

Posted by Penipu_Value > 2015-05-14 15:32 | Report Abuse

hamsubc = wahaha126 in CSL

Posted by Penipu_Value > 2015-05-14 15:39 | Report Abuse

FOR GOOD AND FOR BAD, MY GIRL BOUGHT ALL 6 COMPANYS IN EQUAL RATIO

SO COST OF INVESTMENT = RM 120,000 , RM 20,000 IN EVERY COUNTER YOU RECOMMENDED.

SEE WHAT WILL HAPPEN AFTER 11 MP ANNOUNCEMENT.
I DON'T MIND IF KBUNAI FAIL WHILE OTHERS ARE UP.

CALVIN TAN ENG H YOU ARE GAMBLING YOUR DESTINY AND REPUTATION.
IF THREE OR MORE OUT OF SIX ARE FAILING,
CALVIN TAN WILL LOSE CREDITABILITY FOREVER.

HOW EVER IF FIVE OR SIX OUT OF ALL SIX COUNTER UP,
CALVIN CAN STILL BRAGS.

REMEMBER: CALVIN DID NOT ASK YOU TO PUT MORE THAN 15% OF YOUR TOTAL $ IN KBUNAI. IN THE EVENT OF A FAIL OF ANY COMPANY, PROVIDED OTHERS ARE GAINING,
NOTHING WRONG. THIS IS G

SinGor

4,927 posts

Posted by SinGor > 2015-05-14 15:43 | Report Abuse

Wow, Strong Words.

calvintaneng

56,676 posts

Posted by calvintaneng > 2015-05-14 16:17 | Report Abuse

Hahaha!

So good!

I am happy. At least Penipu- Value talk sense.

This should be the way.

Calvin welcome facts and figures

I think there are still others watching and keeping silence.

My hope for all is.

May your losses all be small ones

And your fortunes Ten Times Ten.

May the Good Lord bless and keep you.

Google Jim Reeves. May The Good Lord bless and keep you.

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