Posted by barbarian > 2014-06-24 16:31 | Report Abuse

Missed my queue today....

Posted by Somdejking King > 2014-06-24 16:33 | Report Abuse

it was a trick , now going back to rm 2.80

Posted by Eddie Voon > 2014-06-24 16:35 | Report Abuse

Going back?

Posted by Somdejking King > 2014-06-24 16:37 | Report Abuse

the last trip to rm2.80 was at 16th june.and until the 19th of june.thats close at almost 5 miilion shares.

Posted by barbarian > 2014-06-24 16:38 | Report Abuse

It's EnO inherent behavior....it will still go down again

Posted by Equityengineer > 2014-06-24 16:38 | Report Abuse

It's force sell down below 2.70 then push up till 2.80 then then push down the price again ...

Posted by Equityengineer > 2014-06-24 16:39 | Report Abuse

Long term investor just hold .. Will go above 3.00 ...

Posted by Somdejking King > 2014-06-24 16:39 | Report Abuse

todays volume is at 2.3 million shares at 4.35pm.they still need to goreng back up .

Posted by barbarian > 2014-06-24 16:41 | Report Abuse

Trust me no goreng for this counter before the EMP complete by .3rd Q

Posted by barbarian > 2014-06-24 18:16 | Report Abuse

Queue again next week......City of Elmina MOA postponed..

Posted by Somdejking King > 2014-06-24 18:21 | Report Abuse

very simple logic, if i had bought in 10 million shares at rm 2.90, i wouldnt want to loose my shirt.

Posted by Somdejking King > 2014-06-24 18:23 | Report Abuse

where got no goreng wan, look at the daily volume, the story line is there.

Posted by samsung555 > 2014-06-24 18:24 | Report Abuse

unless you keep accumulate it for few millions shares until few years later if it suddenly up alot, then can profit alot.. if you just buy one time and wait, eveyday wish here wish there, it's kind of wasting time..

Posted by barbarian > 2014-06-24 18:26 | Report Abuse

Kekekeke if got goreng it won't go down before MOA announcement today lor......these are collectors not goreng kaki.....just sharing

Posted by Somdejking King > 2014-06-24 18:29 | Report Abuse

122,000 shares at closing 5pm.at rm2.76.which idiot would buy in???just look at today's volume at rm 2.68 and rm 2.69 .anyone can tell me what is the story line here.??

Posted by barbarian > 2014-06-25 10:08 | Report Abuse

Saturn, are you suggesting PNB may take Felda's property sector? After reading some comments at Encorp, I m beginning to see a possibility in buying loose pie.

Posted by samsung555 > 2014-06-25 21:14 | Report Abuse

let the price appreciate by itself instead of sharks push it up and down, Wait for the TP than sell...........

Posted by saturny > 2014-06-25 21:31 | Report Abuse

Barbarian, there is no limitation when it comes to good property company. Unlike plantation where it depends on weather and global demand, property depends on timing, strategy and sustainence. Eg See Hoy Chan has good sustainence and can do BTS while EnO is niche and well strategize while some others are good at timing their launches and foresee 2 to 3 years down the line.
Hence my answer is simple, while plantation and forestry have to plan their % to convert between them over the next 5 years ( I believe now most are converting to palm oil for higher yielding) to ensure continuous growth, while OnG must continue to expand their width in product and services while winning over more parallel contracts, as for property developers if they get the 3 mentioned area right (timing, strategy...) they have only to focus on expansion.....

In the case of EnO and most other property counter, Malaysia has already saturated, Singapore also saturated. Saturated here means volume saturation, means the volume buyers have saturated. Most buyers cannot get loan while property developer cannot develop their prime area too fast as there are only so many buyers but many developers. But what it does not mean is that the niche rich have saturated. They are buying everywhere....Malaysia, Singapore, Australia, UK,.....
So the game has to be everywhere now, everywhere global. They cannot do it without Chinaman developers during the hard inflation times. There is no point setting up a conglomerate of locally strong developer and consolidate them at this time but to position themselves for overseas market. Thus everyday you here a PD buying and developing a place outside. Malaysia.

So my thinking is simple, instead of launching KV, Penang, or Seberang Prai or Johor flagships in rotational meet their target, they can include London, Melbourne, London, China,....where these places are picking up faster and have better yield. To do that , they should not tag all local developer and combine by merely GDV as a finish end property that cannot sell is of no value. They should combine those with good domestic and global mix development Landbank first as phase 1 during this inflation period. This will contain the revenue to balance while taking a solid position for the 3 years to come. After all who is to know what will happen in 3 years......

So my suggestion is take some of the PNB companies and not all the major for M&A execise. The most appropriate is Sime with SP Setia and EnO for global however I&P should focus on domestic. i&P have done their own M&A recently and bulking up KV and Johor Landbank. If they want to go on a larger scale for global, they should look at Felda Global for venture, or partnership or forming a consortium to take on the global market as Europe is recovering.

Posted by Bravo > 2014-06-25 21:40 | Report Abuse

wow saturny, very detail explanation here. Thank you for the effort :)

Posted by MaXi > 2014-06-25 22:17 | Report Abuse

Hi ! I'm new here . What meaning of PNB companies , M&A exercise ,EnO ,I&P ? I'm don't understand :(

Posted by barbarian > 2014-06-25 23:41 | Report Abuse

Thanks Saturn.
Anyway according to RHB Stp2 factored in will be additional 51% of RNAV of RM4.70 which will add up to ard RM6.00. If at 33% discount it will be around RM4. This has not include Elmina West 128 acres. Based on my calculation, there should be another 2 hike which will land its price at 3.20 for 2014.

http://klse.i3investor.com/servlets/ptres/23688.jsp

Posted by gray > 2014-06-26 00:25 | Report Abuse

wokie, i buy 1 lot tomorrow. tq

Posted by Somdejking King > 2014-06-26 09:28 | Report Abuse

aiyah , yesterday pressed down , rm 2.71 rm 2.72, contra player mati lah.to day also press down ???

Posted by Somdejking King > 2014-06-26 10:09 | Report Abuse

to day also pressed down 2.69.???

Posted by Somdejking King > 2014-06-26 12:07 | Report Abuse

pushup to 2.72 , 359,600 lots buying.

Posted by Somdejking King > 2014-06-26 12:09 | Report Abuse

is it going to be a repeat like yesterday again??2.71. and 2.72

Posted by samsung555 > 2014-06-26 13:10 | Report Abuse

try to look at pass of the record, it fry slowly and quite until no people known, when it reach until RM2.50 only attract investor to chase, maybe this time also the same tactic, slow slow.............

Posted by SaturnY > 2014-06-27 00:34 | Report Abuse

The Exchange - Part 3 - The rising tide and the dragon's lair

The Chinese have been migrants and travelers over the course of their 5,000 years of history. They have travelled to many parts of the world in their endeavor to find greener pasteurs and better living. Though the Chinese are more known to be conquerors than explorer in their own continent, there were one or two like Hong Bao and Dayuan amongst the likes of many French, Portuguese, Italian, Americans, Spanish explorers and the list goes on. So this means that the Chinese were more migrant and conqueror than actual explorer base on history. That being said, the Chinese were the earliest in metal trading more in the lights of trading thought actual barter trading was earliest recorded in Mesopotamia back in 6000 BC.

So it's not surprising that Chinese hold gold as precious metal close to their hearts when they migrate between continents to find new homes which they continue to do so till today having such history in the past. Today however, the Chinese having those migrant attributes and holding precious metal to extricate themselves in a new land or to pass down wealth to the next generation. In a modern era of the 21st Century, we are seeing the same migration and conquering to spread their wings and they achieve that by conquering businesses in a foreign land or hedging their fund by setting up hubs in key countries like Frankfurt Germany to contain forex fluctuation which may result in loses. That is similar to hedging using precious metal like gold in the older era however gold hedging is still done today as gold reserve.

Having said the above, The Chinese have spread their wings to other parts of Asia and Europe to contain saturation and spread their risk as inflation looms in their own country and the world at large. In Malaysia and many other countries, they chose mostly construction and property development while hedging funds mostly on weakness in Europe and United States while their gold reserve stands at 6 in world while Germany is second. Is that also why they hedge forex there?

Anyway coming back to my point here, where China is coming in strong with construction and Property Development in this region and Malaysia is an ideal place given their weak ringgit exchange, China's strong and stable gold reserve and currency valuation hedge in other countries. If a country hedges in Chinese money, like I understand MAS did, we are hedging a secondary currency which makes us even weaker.

So now that we know this, PNB creating the super conglomerate within its own subsidiary maybe considered a small fry unless they take up partnership or venture or take over the like of Felda's properties local and abroad and strategise demarcation in the regional business vs domestic, they are only looking at a small part of the business only because the Chinese would have endless edge base on the hedging which will allow them to continuously pump in money and still not lose

Posted by SaturnY > 2014-06-27 00:43 | Report Abuse

If you truly understand where I am coming from, it will be like the banks in the 90s being merge from 20 banks to 10 and to what it is today.

Posted by Somdejking King > 2014-06-27 09:50 | Report Abuse

today is pressing at .72 and .73 for now.dont know how long it will go on??somebody is shoring up ??

Posted by Somdejking King > 2014-06-27 09:53 | Report Abuse

i dont understand the tactic used here , anyone ??

Posted by Wow123 > 2014-06-27 10:01 | Report Abuse

ST2 is primary approval only. Over there residence still can object in second around and bring this to court for justify EIA report for this project see whether will bring into negative on proposal for Clean , Clear & Green. How about fishermen over there and also sea floor any problem.

Posted by Barbarian > 2014-06-27 10:43 | Report Abuse

That's why the EMP!! Kekekeke


barbarian Trust me no goreng for this counter before the EMP complete by .3rd Q
24/06/2014 16:41

Posted by Somdejking King > 2014-06-27 11:36 | Report Abuse

at least buying vol is more then selling .

Posted by Somdejking King > 2014-06-27 16:27 | Report Abuse

wah today big shark hungry like hell , eating big .

Posted by Somdejking King > 2014-06-27 16:27 | Report Abuse

now at ,79 already

Posted by Somdejking King > 2014-06-27 16:30 | Report Abuse

big push to. 80 upwards

Posted by Barbarian > 2014-06-27 16:41 | Report Abuse

Kekekeke.... No shark no shark......kekekeke

Posted by Somdejking King > 2014-06-27 16:55 | Report Abuse

no shark , that means big dinosuar

Posted by Barbarian > 2014-06-28 17:07 | Report Abuse

Kekekeke.....dinosaur ancient and got wipe out ady....they lost leh.....

Posted by Somdejking King > 2014-06-30 16:26 | Report Abuse

ding dong at 2.76 and 2.75 ,

Posted by Somdejking King > 2014-06-30 16:27 | Report Abuse

i really admire these fellas here lah , you cant be selling more or selling less, semua sudah pau lah.

Posted by Somdejking King > 2014-07-02 15:29 | Report Abuse

buy volume is 1.6 million but its not going up, its just stuck at 2.73. and .74 , how come ahh???

Posted by Barbarian > 2014-07-02 15:58 | Report Abuse

Aiyo....answer given ady ....many times.....

Posted by yongyou > 2014-07-02 16:02 | Report Abuse

very sad not moving

Posted by saturny > 2014-07-03 12:26 | Report Abuse

Malaysia Property Developer must strike now while the pan is hot!!!! Especially those with foreign Landbank and marketing office and partners. The Malaysian Finance Ministry and Housing Ministry must support this!!

This is a real and serious appeal. We have seen the amount of back pedaling in Singapore and Hong Kong recently from their cooling measures. As I have said before and again, Malaysia is a different ball game. For one, we sit on the continent itself and not separated by waters or own many islands. This makes Malaysia integral in that sense. We must think 5 years down the road as some are already embarking here on future businesses as some might have read on the ala 5th Avenue New. York brought to Golden Triangle, High Speed Rail Singapore to Thailand, creation of Hubs in Penang, KL Central, and. Iskandar. These 3 locations will be the first phase of Hub to help support the infrastructure to come. This infrastructure will in turn help bring up the smaller towns like Ipoh, Seremban, PD,..... Which hasn't really seen incline in their property value as expected 20 years ago.

Also I have already mentioned, we are NOT looking correctly as we view it from our local financial Instituition (FI). What this means is that we only see our FI being in dilemma due to the shrinking loan base but we are not looking from foreign bankers who see this as true potential and willing to give loan upstream and downstream. Globalization is all about partnership and globalization is all about expanding bases. What can eventually happen with the tightening of loan and what Bank Negara thinks is control of Non performing loan may cause local businesses with foreign partners to obtain the loan outside the country and bringing it into Malaysia. Some may want to view this as foreign investment however this is far from the truth. Anything borrowed from outside may have greater impact because the exchange rate may be better however the interest rate my depend on the currency of the central bank. Example In 2008/2009, saw Japan banks giving 0 % interest which saw an influx into Asia in particular Malaysia however when they removed that, there was a sharp decline in our Market. Hence it is always a practice to invest and payback to the currency of loan. Thus in the case mentioned, as there are interest payment involved, the inflow of money is only temporary depending on the size of the project and investment and the money will always be channeled back out of the country for interest, capital and gain.

With the above, Malaysia's weakness in currency exchange and loans from the FI maybe the strength of foreign buyers and investors. So unless the M&A, the banking system is circumvent fast enough, more and more foreign developers and bankers are going to come in and the end game maybe a vacuum of local of investors. When that happen, Malaysia will be at the mercy in every department from forex, exchange, economy, etc because we will be at threat of any foreign investor pulling out while we are not able to support the buy back.

The above is much more complexity simplified in 1 to 2 dimension of the works.

Also remember I wrote a piece on why our EPF funds withdrawal for unit trust has been limited and controlled......this is one of the reason ie the retention in EPF is to support the falling knife if foreign investor in KLSE pulls out. However this can only do so much because the funds are limited.

I will share a piece on how GST is being used. A lot of ppl ask me this question....
1. if GST is the same as previous tax as explained by the customs and govt, in the sense that it is the same % being transferred from top to bottom (disti, reseller, retail....) except that the old system, tax is only levied at the end consumer
2. Why opposition and general public thinks this will inflate the prices further?
3. How does it benefit the govt with the targeted RM20 b if this tax can be claimed back by the higher tier of the supply chain..?

Answers next.....but understand the earlier write up first because it is going to help you to time your selling when signs arise

Posted by Barbarian > 2014-07-03 18:07 | Report Abuse

Kekekekeke....

Posted by smartmove100 > 2014-07-03 22:02 | Report Abuse

tomolo counter will fly..quite confident

Posted by saturny > 2014-07-04 08:33 | Report Abuse

Malaysia must move fast. Singapore alliances already ready to move as one. The reason for the merge is to have business focus, cost management, asset efficiency and global positioning.
Note the latest per capita GDP wealthiest is Luxemberg, followed by Norway, Qatar, Macau, Switzerland , Australia.......Singapore
Yes you read right...Australia is at no 6th position and Singapore is 9th under the World Banks stats...

So this position tells you, Singapore without any natural resources and and a country small in size have achieve this stature in a short time and Malaysia should be fast on the coming alliance and merger as we have better property developers and better positioning at this point!!

If no action again, will cause saturation and Singapore will once again Top us in this department also.

Posted by Somdejking King > 2014-07-04 10:58 | Report Abuse

actually , whats important the price goes up. and today its moving after few days of buying and selling by millions of lots.somebody is buying a lot these past few days.shoring up possible .