Posted by show > 2015-04-17 10:21 | Report Abuse

There is no way Sabah will open their land for foreigner to buy, By the way that sepang land is in Dengkil , right in the middle of the Malay kampong... how to fetch good value ? IF you build houses there, no Chinese will go there and buy.. Malay folks wont buy those properties. So you end up losing money. Listen to me, kbunai is making loss, will continue to make loss until bankrupt.

Posted by calvintaneng > 2015-04-17 10:25 | Report Abuse

Perak Corp was goreng stock at 60 cents, Sbc corp was goreng stock at 45 cents, Lafarge was goreng stock at 66 cents, Tasek Cement was goreng stock when I bought it at Rm2.90, UMW was a goreng stock at Rm2.40(they said Dr. M mighty Proton will finish off Toyota in no time), Pm Corp?

I heard 1 million times people say PM CORP was only goreng stock at 9 cents!

There will always be doubters and naysayers all the time.

Go to Aesop's Fable and read "The man, the boy and the donkey"

Posted by show > 2015-04-17 10:26 | Report Abuse

6.5sen is still a good price to exit kbunai, don't wait until 1 sen

Posted by leno > 2015-04-17 10:27 | Report Abuse

correctlor ... u wan to do bisnes ... u need to JV with local politician ... veri veri expensive worr .... u need to folk out money, they folk out saliva niah ... and they tie your neck with chain ... anytime they need money, they tightened up the chain ... hahahahah ... big project not easy hor ... like the c2peed prawn breeding now bancrupting .... Kbunai wrong location, wrong strategy .... but it is goreng stock at 6.5 sen ...

Posted by show > 2015-04-17 10:32 | Report Abuse

leno, kbunai now has 6 billion shares, how to goring ? simply too many shares, no sane syndcate dare to goreng such counter. A lot of syndicate favourite goreng counters becomes coma when their shares becomes too large.

Posted by calvintaneng > 2015-04-17 10:36 | Report Abuse

Dengkil got Malay?

So what?

Bangsar and Brickfield got Indians, Bandar Utama, Damansara and Tmn Tun Dr Ismail was Malay kampung. And Puchong? Puchong got monkeys last time.

In the direction of progress and development all will be swept away into the most spectacular boom of The Asian Century.

Shenzhen, Toa Payoh{big swarm), Jurong were big swarm. Medini of Iskandar were jungle.

Listen to Billionaire Jim Rogers

In 1807 move to London (The British Era)

In 1907 move to New York (The American Century)

In 2007 move to Singapore (The Asian Century!)

We are in The Very Heart of The Greatest Boom on Planet Earth this Century!

Better buy kbunai

It will turn

KABOOM BRUNEI SOON!

Posted by show > 2015-04-17 10:37 | Report Abuse

Perak Corp, Tasek, Lafarge... are all profit making company with good cash cow business, PM corp has good assets and cash on hand with little debts and business is still reasonable. BUT karambunai is loss making, bad assets, how to compare with those?

Posted by show > 2015-04-17 10:48 | Report Abuse

calvin, probably you dont know the problem in Malaysia now, read the article below and think if the Chinese dare to buy properties built right in the heart of Malay kampong.

http://www.themalaysianinsider.com/malaysia/article/protest-against-condo-project-turns-rowdy-over-fears-of-chinese-district

17/04/2015 10:47

Posted by calvintaneng > 2015-04-17 10:49 | Report Abuse

Perak Corp profit making? Check out its history. Lafarge and Tasek both in deep trouble when YTL Cement threw out prices at Rm5.50 per 50 kg bag of cement in fierce price war. YTL Cement got 2 factories. One in Pahang.

They bought 2/3 Hanjoong Cement from the Koreans and then the last 1/3 share from Gopeng. The Chief Quarry Engineer of Hanjoong Cement told me they built a 5 km road into the LimeStone mountain of Perak. Cement is 83% limestone. Hanjoong alone can last a hundred years.

In price war Lafarge almost gone bankrupt- bleeding with horrible losses. Ha! That was the time to buy Lafarge at only 66 cents.

You see, YTL didn't kill off others. They only wanted more market share.

As for kbunai, there is no connectivity last time. With new 1663 km Pan Borneo highway kbunai will rise up in prosperity.

It is an inspiring work in progress.

Even caught the attention of PM NAJIB And BN

Posted by calvintaneng > 2015-04-17 10:54 | Report Abuse

Dengkil is not Datuk Keramat

Better look at this

Www.nexusresort.com

This is no kampung

This Is Pure Paradise www.nexusresort.com

Going at rm10.30 per sq ft.

Cheapest Resort Lands in Malaysia- Truly Asia!

Posted by show > 2015-04-17 11:03 | Report Abuse

if I were you, I better to back on track to BJCORP, at least better assets and business model.
kbunai only has 2 asset,

one in Sabah.. bleeding non-stop making loss every single year, kbunai share ballooned to almost 6 billion shares doing rights issue to raise money to survive. the resort is too large to manage ( needs man power and maintenance money ) and occupancy rate is too low to be profitable. You cant sell it to foreign investor because Sabah law say cannot sell land to foreigner, not even to West Malaysian.

Another asset is in sepang, to be exact, dengkil in Malay kampong... where got people go there for holiday. IF you want to covert that place into residential, you wont be able to find much buyers because it is located in Malay kampong ( that is why the land is so cheap ). Meaning that property also useless.

like leno said, the only possibility is goring, but how to goring.. it has close to 6 billion shares.

Posted by calvintaneng > 2015-04-17 11:09 | Report Abuse

Aiyoo

I just ate some much durian from Bj Corp' sudden surge from 39 cents to 49 cents.

Durian season over for me for the time being. What fruit is next in season? Ha! I see karambunai flowering. See 11MP is the appearing bloom.

So I shall get to enjoy the fruits!

You need to kmow which tree will be in season to bear the next juicy fruit. No need for panda. They only eat one type. Bamboo leaves. For Orang Utan The Whole Borneo Forest is his supermarket.

Posted by show > 2015-04-17 11:16 | Report Abuse

you are right on BJCOP, among all the assets, BJCORP has a very good asset in the Jeju island, so beautiful, its like heaven on earth, Karambunai cannot match the beauty of the Jeju island. Trourist, investor will be flocking to Jeju island. Lets just face it, kbunai got nothing to offer.The karambunai is making loss and will continue to make loss and now way to turn it profitable ad no way to sell it to the rich Chinese investors, it will just bleed to death.

Posted by jehovahnissi > 2015-04-17 11:17 | Report Abuse

Bro Calvin I salute your optimistic point of views Keep up the good attitude God Bless

Posted by calvintaneng > 2015-04-17 11:21 | Report Abuse

Wahaha!

See and look back at my postings 5 months ago on December 15 to 17, 2014. When everybody was in panic I called for a buy on Jaks at 39 cents. Jaks is up 100% today to 78 cents!

Don't tell me when 11MP is finally announced on 21st May 2015 that you only start buying kbunai after it has gone up substantially?

I tell you to buy bargains and not chase bubbles!

See I told people to buy Super at Rm1.20 (not Rm3.00)

I told people to buy Opcom at 60 cents (not rm1.20)

I told i3 people to buy Pm Corp at 15 cents (not 37 cents)

Always buy when price is low.

Last year kbunai lowest was 5.5 cents and highest was 10.5 cents.

So at 7 cents it is still 3.5 cents below last year high.

The 10.5 cents price will be broken this year.

Just watch.

For goodness sake. And for your pocket's sake just buy some and watch.

See you later.

Leaving for Booming Iskandar now

Posted by calvintaneng > 2015-04-17 11:27 | Report Abuse

Thank you Jehovahnissi

The LORD is MY BANNER

Victory guaranteed in every warfare.

Show,

You are right Jeju is better. But Jeju costs Rm2,000 psf while kbunai is only rm10 psf.

I love bargains! I really do. That's how I got Pm Corp at lowest 7.5 cents and Lafarge at 66 cents.

Bye for now

See again carefully

Www.nexusresort.com

Only rm10 per sq ft?

Posted by ks55 > 2015-04-17 11:30 | Report Abuse

calvintaneng -- When you are in Iskandar, don't mind just drive through NCIP and SiLC to have first hand valuation. TQ

Posted by calvintaneng > 2015-04-17 11:34 | Report Abuse

I am passing by silc soon. One big piece of land being cleared for months. Very big piece in silc. Something very huge going on?

Posted by ks55 > 2015-04-17 11:39 | Report Abuse

Any building already up?

Posted by show > 2015-04-17 11:51 | Report Abuse

karambunai no matter what price square feet, cannot be sold to any rich China investor, what is the use the land ? all Kbunai can do is bleed to death. Have u ever seen kbuna make a single profit from operations ? The only hope is to sell the land to rich China investor, now they cant because Sabah law says cannot sell to foreigner.

Posted by calvintaneng > 2015-04-17 13:55 | Report Abuse

ks55

Silc has many factories now in operation. Bioxcell is the biggest. Nusajaya Square phase one almost ready. Tn logis has lots of new factories and shops here. Best buy are Nusatara Prima and. Nusa Bayu houses nearby

Posted by ks55 > 2015-04-17 14:28 | Report Abuse

TQ calvintaneng

Posted by hamsubchai > 2015-04-17 17:11 | Report Abuse

I had already loaded up so much... just so very much.... ha ha ha huii!!! huii!!! huii!!! if you all want to become very Kaya then just follow me hamsubchai and the Best Calvin from Singapore.... ... ha ha ha huii!!! huii!!! huii!!!

Posted by hamsubchai > 2015-04-17 17:12 | Report Abuse

it is so dam hard to buy at 6.5 cent now.... ... ha ha ha huii!!! huii!!! huii!!! ... ha ha ha huii!!! huii!!! huii!!! another 1 more month see what will happen.... ... ha ha ha huii!!! huii!!! huii!!! ... ha ha ha huii!!! huii!!! huii!!! Huat lah Huat lah.... ... ha ha ha huii!!! huii!!! huii!!!

Posted by WarrenLim > 2015-04-17 23:33 | Report Abuse

calvin will this corp drop below 5cent.No offense,but you said bj corp will over 1but...

Posted by calvintaneng > 2015-04-18 01:39 | Report Abuse

Just came back from Iskandar,

WarrenLim,

Last year after capital exercise the highest price for kbunai was 10.5 cents and the lowest price was 5.5 cents.

Since BN is going all out for 11MP with projected Rm250 Billions Expenditure mostly in Infrastructure and development Nexus Karambunai will get a powerful booster.

The promised Rm100 Million for Nexus Karambunai during last 10MP has not been fulfilled yet. So this round BN and Pm Najib must walk the talk.

Let's do a review.

Last year lowest 5.5 cents. Highest 10.5 cents.
This year is special for East Malaysian Stocks due to 2016 election. Why so special?

Answer:

BN needs a new mandate to rule. Sabah and Sarawak are BN "fixed deposit" states. Losing here BN is finished. So BN will pour in the Major Portion of Rm250 Billions for development. Kbunai will be prime beneficiary because BN promised 50,000 job creation 5 years ago for Nexus Karambunai.

The 11MP is also the last 5 year Master Plan before Vision 2020 to spur Malaysia into a Fully Developed Nation. Expect the Final Manifesto for The Final Push!

With all these positive factors the chance of going to 5 cents is almost nil. Expect it to cross 10 cents barrier anytime these few weeks.

Stay invested and hold tight till 11MP Announcement by 21st May, 2015.

A Very Good Night.

Calvin Tan

Singapore.

Posted by verbatin1969 > 2015-04-19 00:09 | Report Abuse

Calvin, mulpha does trade at good discount to book value. but isnt this common for many property counter at Bursa?

FYI - i am also from SIngapore. just helping my sibling to manage my late dad m'sian counter

Posted by calvintaneng > 2015-04-19 09:19 | Report Abuse

Good morning,

Verbatin1969,

Mulpha, like many property counters, have high NTA. Last time Sbc Corp was 45 cents with NTA over RM2.00 & Perak Corp at 60 cents with NTA over RM3.00. It takes time for them to unlock their value. There must be some catalyst or trigger mechanism to bring out their full value later. For Sbc Corp it was the KL Property Boom & for Perak Corp it was the emergence of Vale, TNB, Integrax and others.

For Mulpha there will be the HSR & Ascendas Tech Park. It won't be too long before Value Emerge

As for KBunai the Coming 11MP will bring it to life again. Plus the undervaluation of all 4 KBunai Assets. Last time I bought Ibraco at 40 cents. The housing boom in East Malaysia propelled Ibraco to almost RM2.00 (Up 500%). Kbunai is the only remaining laggard now.

But the Most Valuable Discovery is the Astounding Undervalue Assets of KBunai 4 parcels of Prime Lands!

ECO MEDIA CITY, SEPANG
In Bukit Unggul Golf Resort 1,360 acres 99 year leasehold land have a book value of only RM2.70 psf. A check with propertyguru & others for latest advertised lands for sale price ranges from RM10 to RM20 for Bukit Unggul land raw land plots alone. So if revalued Bukit Unggul lands should worth 350% to 800% more in value. If we add further value for money expended for its infrastructure, drainage and completed buildings it should worth far more. It should be worth at least RM30 psf or over 1,000% more in Value! These figures are for real. Check it out.

BANDAR SIERRA
In Kota Kinabalu There Is A Piece of Strategic Development Land near Sabah State New Federal Admin Centre. It is also near the New Sepangar Bay Naval Base (Remember Perak Corp's Lumut Lands Near Lumut Naval Base?). It is also located near KK Industrial Park. These 415 acres 99 year leasehold development lands (note: in Sabah lands are mostly leasehold) have a book vale of RM2.70 psf Only.

If you check with latest adverts for land prices for sale. They are going for at least RM30.00 psf.
So again the Value of Kbunai lands in Bandar Sierra if Revalued Should be at least 1,000% more.

I will continue with 2 more pieces later. Karambunai Resort & NexusResort to see their value.

Just as FacbInd is Cash Rich Kbunai Is Truly ASSET RICH. Both have DEEP HIDDEN VALUE. While Almost Everyone Is Aware of FacbInd Cash Hoard Many Have No Clue About The ASTOUNDING DEEP DEEP VALUE OF KARAMBUNAI

To be continued...

Posted by samer > 2015-04-19 16:38 | Report Abuse

calvin, what's the TP for Kbunai ?

Posted by calvintaneng > 2015-04-19 18:11 | Report Abuse

Samer

Target price for Kbunai is 39 cents short term.
Longer term is Rm1.00

I based this on 5 year wave pattern
In 2006 highest was 19 cents.
For 2011 new high was 29 cents.
So this round being final 5 year I expect it to reach 39 cents.

Posted by tony89 > 2015-04-20 00:55 | Report Abuse

Good effort calvin. enjoy your analysis! btw, i am from LUMUT!

Posted by hamsubchai > 2015-04-20 07:43 | Report Abuse

Today, is a good day to buy more KBunai... I will sapu more lot if it is cheap..... already loaded up so much.... ha ha ha huii!!! huii!!! huii!!!

Posted by hamsubchai > 2015-04-20 07:45 | Report Abuse

I always welcome whenever Dow is down 300 points, this is a golden opportunity for us to sapu this KBunai kau kau lor... ha ha ha huii!!! huii!!! huii!!!

Posted by hamsubchai > 2015-04-20 07:47 | Report Abuse

If you want to be a billionaire then u must have the billionaire mind set.... ha ha ha huii!!! huii!!! huii!!! Jit Bai Teow Huat liau! in hokkian mean: 1 time I already rich... ha ha ha huii!!! huii!!! huii!!! ha ha ha huii!!! huii!!! huii!!!

Posted by calvintaneng > 2015-04-20 09:22 | Report Abuse

GO GO POWER RANGER!

Posted by snowbreeze > 2015-04-20 09:27 | Report Abuse

Look as will not be able to see rm0.65 anymore, very strong buying :)

Posted by calvintaneng > 2015-04-20 09:53 | Report Abuse

Better take 7 cents if you still didn't get any at 6.5 cents. Most probably by end of this week you won't even get at 7 cents. And by next month - only 30 days away you won't even see anything still below 10 cents.

Posted by ks55 > 2015-04-20 10:03 | Report Abuse

calvintaneng -- I like most of your comment esp on Iskandar.
Frankly speaking, Kbunai is not really a good bet.
I simply don't trust Dr Chen Lip Keong. Having bad experience in FACBInd.
To me, Dr and WC of Lion Group is of the same kind.

Posted by hamsubchai > 2015-04-20 10:30 | Report Abuse

It is like only Calvin and hamsubchai feel the same..... ha ha ha - very difficult to find billionaire mind set personnel... ha ha ha huii!!! huii!!! huii!!! ha ha ha huii!!! huii!!! huii!!!

Posted by hamsubchai > 2015-04-20 10:31 | Report Abuse

today 7 cents must quickly sapu...... if you don't sapy, you wont have much chance anymore... ha ha ha huii!!! huii!!! huii!!! ha ha ha huii!!! huii!!! huii!!!

Posted by calvintaneng > 2015-04-20 10:35 | Report Abuse

Yes ks55,

My main interest is in Iskandar. And I have been led to an experiment - buying for my investors in all flagships except kulai. I found out that the hottest spots don't really give the best yield. Places like JB Downtown, Nusajaya & Medini may be popular but surprisingly money is made more in out of the way places like Ulu Tiram & Kota Masai.

For most properties in "hot spots" they only go up by 100% to 150% only but in neglected areas prices have gone up by 300% to 400% even 1,000%.

So I come to test this principle in KLSE.

Between Blue Chip, Stalwarts, Utilities, Growth Stocks, Dividend Plays, Graham Net Net Plays & Turnaround dead stocks Which will perform the best?

Yet to be seen as I am only here for 19 months only. (I have been in Iskandar Property for 12 years already).

It is not my preference to like or don't like stocks just as it is not my choice in choosing properties. One property I bought for my investor was so run down that they thought of giving up the deposit. When I persuaded them to take it up for RM250,000 they never expected that 4 years later they wouldn't even want to sell it when someone offered RM1 million. They are asking for $1 million (Not in ringgit but in Sing Dollar!)

Since we don't know about KBunai's actual performance. We Just Take Position in all East Malaysia Election Theme Stocks - CMSB, KKB, NAIM, WEIDA & KBUNAI.

Who knows KBunai might turn out to be another "turnaround dead stock" like Lafarge which we bought at only a mere 66 cents in a time when 999.999% REJECTED IT

Posted by MichaelW > 2015-04-20 10:55 | Report Abuse

I bought only a hundred over thousand shares of Kbunai at 6.5 sen, that is all I can afford to spare for now. Hope it turns out well.

Posted by LangeSohneGlashutte > 2015-04-20 10:56 | Report Abuse

Hi Calvin, I have been following your insight quite sometime and pretty much favor your genius idea. A question for you: What will be your portfolio allocation for those 5 11MP stocks. How would you weight among these CMSB, KKB, NAIM, WEIDA & KBUNAI? Would it be a good strategy if I overweight those with lower prices or the other way round or equally?

Thanks.

Posted by ks55 > 2015-04-20 11:27 | Report Abuse

calvintaneng -- I am absolutely agree with you. Return from good share (like Public Bank) is may be less compared with not so good (like CIMB). Different beta.

Property stocks are more cyclic in nature, therefore can go more volatile in either way. UEMS can come less than 50 sen to 3.50, then 3.50 to 1.23 in the current cycle. Catch at the right time will give best return.

Property prices in Singapore already peaked. Probably good to have spill over to Iskandar. To me, prices in Iskandar should play a catch up game when leaders from both countries decided enough is enough to create a win-win situation. All depends on the political will, not tit-for-tat kind of mentality.

Posted by calvintaneng > 2015-04-20 11:29 | Report Abuse

LangeSoh

If you have RM100K. I suggest you just put RM20K in each of these

CMSB
KKB
NAIM
WEIDA
KBUNAI

And Wait Till May 21st 2015 11MP Announcement. RM250,000,000,000 Will Be Spent - The Major Portion Will Go Into These 5 Counters.

Posted by ks55 > 2015-04-20 11:33 | Report Abuse

Again, credibility and trustworthiness of Directors is utmost important.
If you still have idea how Cold Storage Malaysia (CSM) and Fountain Directors swindled shareholders fund, then most probably you may want to keep away from Kbunai.

Posted by rlch > 2015-04-20 11:34 | Report Abuse

So many promoters here but Kbunai still down. Must be a very bad stock.

Posted by hamsubchai > 2015-04-20 12:04 | Report Abuse

Just put all your money into KBunai, concentrate all your fund.... if you wanna Huat then just huat kau kau lah... Jit Bai Teow Huat liau! in hokkian mean: 1 time I already rich... ha ha ha huii!!! huii!!! huii!!! ha ha ha huii!!! huii!!! huii!!! that is how I bought 1 of my condo rm1m Cash with no borrowing.... ha ha ha huii!!! huii!!! huii!!!

Posted by hamsubchai > 2015-04-20 12:05 | Report Abuse

wanna huat or not is up to you guy... ha ha ha huii!!! huii!!! huii!!!

Posted by hamsubchai > 2015-04-20 12:12 | Report Abuse

100 lot at only rm6,500 - up 0.5 cents = rm7,000 After commission you make rm400++, where to find???... decision is yours, money and capital is yours.... ha ha ha huii!!! huii!!! huii!!! - Ai Huat Deur Tiow Lai - wanna huat you must cum lah... ha ha ha huii!!! huii!!! huii!!!