I think I might have accidentally deleted my earlier comments. short redraft as below.
Thanks my fellow investors for your support and agreement.
Johnny - I read your comments on other stocks before. I think you are good in TA and FA as well. To answer your question, I normally invested in fundamentally sound small cap for medium to long term. I do not have the luxury to trade short term due to my other work commitment. Occasionally I bought some less quality stocks when the time was right. This year the market is very kind. I am up about 50% YTD but this is nothing compared to many sifus here.
My stocks - SOP, OKA, Orna, Poh Kong, IQ, OCR- PA, N2N and mudajaya. My portfolio reached all time high on Tuesday despite Mudajaya was down on the same day.
any stock goes up too fast, sure it will be distribution, like what happened in mudajaya in May .....
will it be going too low?
In Sep, Mudajaya asked a Hk investor, kingsman to join, if going too low, it con its partner .....
Private placement is much better than RI, if the price going too low, private placement cons the particular investor it asked to join ... if RI, it cons all share holders, especially retailers, like what happen to Sanichi ......
so, think it over about the differnt of RI and private placement .....
Every time prepare to write longer, saw disturbance, can't share much, will be away for vacation until next week and think no time to write too. Now can only cut and paste.
My best performer this yr in "trading" was KPS, however, i don write it out too. But in KPS forum, I was writing another gaining >100% in just one month (I think many may not believe! then read on! and again, up to u want to believe or not. for me believe or not believe is ok!). I paste the writing from KPS, below. I must said, this is not a very good example for trading, bcos surging too fast, only a few times buy and sell. but, in term of return, it is high and in a very short periond.
------------------------------------------------------------------------------------------------------------------------------- mhchai, thks for the figures ... that day when pump was 37m, but days before, syndicate already loaded. In the 37m, no less retailer followers after reading the article, so, it is not solely the syndicate buying.
Actually, this type of stock (gov as major shareholder), syndicate don't like, but it has a theme (Splash selling), so, they come. If not the real big boss behind, price can go wilder.
i3 is a good platform for propaganda, I hv an experience last 2 mths.
BJCorp has a theme to play, the so called Vietnam Toto. Jan this yr, i noticed that, a warrant, called WC, was selling half sen/ 1 sen lower than WB, that was a chance. I loaded up quite many. Later, i go to BJCorp forum to post. Post something like, WC shouldn't lower than WB, same exercise price but longer tenure, should not be lower. WB holders should sell their holding and exchange for WC.
Everyday I went to promote, when the WC price catched up WB, if I'm not mistaken, around 8/ 8.5sen, I kept on posting like, WC has 4 yrs longer period than than WB, even at the same price, WC is much more worth than WB.
When I promoted, I also started selling, WC rised very fast, sometimes, even the mother share not moving, WB not moving, but WC itself can rise!! Then, I kept on posting like, WC is clear winner, to catch ppl eyes. WC rised staggeringly ......
My buying price was 5.5 -6.5sen, I started selling at 8sen, 9 sen, 10sen ..... in between, when price retraced, I also bought back. My last blog selling at 12sen, which was 100% my buy price. After finish selling, WC keep on rising, I put on posting like, WC exercise-prise 1.00, mother share 38sen, WC selling at 12.5sen, is >200% premium, be ware! I posted a few times, but can't stop the trend .... WC went up to 17sen befoer setback, which was far exceed my expectation!
During the period, no blog, no posting in BJCorp forum promoting WC, except I put in a little effort to ignited it.
i3 is a very good platform for propaganda, once ignited the fire, some others will make use of it and push even stronger ... unstoppable, until every much overpriced.
Less than one month, I reaped >100% .... but still I'm not so smart (i didn't fully rode the trend). I made a review why it was so strong (while the mother share not moving much), I concluded, bcos of the holding! WC was solely issued to vt, when BJCorp bot BJLand from vt .......
Posted by firehawk > Apr 1, 2017 11:06 AM | Report Abuse X
mhchai, thks for the figures ... that day when pump was 37m, but days before, syndicate already loaded. In the 37m, no less retailer followers after reading the article, so, it is not solely the syndicate buying.
Actually, this type of stock (gov as major shareholder), syndicate don't like, but it has a theme (Splash selling), so, they come. If not the real big boss behind, price can go wilder.
i3 is a good platform for propaganda, I hv an experience last 2 mths.
BJCorp has a theme to play, the so called Vietnam Toto. Jan this yr, i noticed that, a warrant, called WC, was selling half sen/ 1 sen lower than WB, that was a chance. I loaded up quite many. Later, i go to BJCorp forum to post. Post something like, WC shouldn't lower than WB, same exercise price but longer tenure, should not be lower. WB holders should sell their holding and exchange for WC.
Everyday I went to promote, when the WC price catched up WB, if I'm not mistaken, around 8/ 8.5sen, I kept on posting like, WC has 4 yrs longer period than than WB, even at the same price, WC is much more worth than WB.
When I promoted, I also started selling, WC rised very fast, sometimes, even the mother share not moving, WB not moving, but WC itself can rise!! Then, I kept on posting like, WC is clear winner, to catch ppl eyes. WC rised staggeringly ......
My buying price was 5.5 -6.5sen, I started selling at 8sen, 9 sen, 10sen ..... in between, when price retraced, I also bought back. My last blog selling at 12sen, which was 100% my buy price. After finish selling, WC keep on rising, I put on posting like, WC exercise-prise 1.00, mother share 38sen, WC selling at 12.5sen, is >200% premium, be ware! I posted a few times, but can't stop the trend .... WC went up to 17sen befoer setback, which was far exceed my expectation!
During the period, no blog, no posting in BJCorp forum promoting WC, except I put in a little effort to ignited it.
i3 is a very good platform for propaganda, once ignited the fire, some others will make use of it and push even stronger ... unstoppable, until every much overpriced.
Less than one month, I reaped >100% .... but still I'm not so smart (i didn't fully rode the trend). I made a review why it was so strong (while the mother share not moving much), I concluded, bcos of the holding! WC was solely issued to vt, when BJCorp bot BJLand from vt .......
RESEARCH HOUSES SHOULD STARTS COVERING UP THIS MUDAJAYA, OR ELSE THE SAME STORY, THE UPTREND NOT SUSTAINABLE ALWAYS COLLAPSING FAST, AFTER A UPTREND...QUESTION ASK NOW IS, WHY RESEARCH HOUSES ARE STAYING FAR FROM THIS COUNTER?? IS IT THIS COUNTER HAD SOME BAD PAST??
NOW THE ONLY HOPE LEFT IS TO SEE THIS COMPANY START S GIVING OUT GOOD EARNING REPORTS...THEN ONLY IT WILL BE LISTED ON THE RADAR SCREENS OF RESEARCH HOUSES
"The company has won a contract from the Energy Commission to develop a large-scale solar photovoltaic plant with a capacity of 49MW in Kuala Kangsar, Perak. Under the agreement, it will undertake the project on a build-own-operate basis" Read more at http://www.thestar.com.my/business/business-news/2017/10/10/mudajaya-wins-rm116bil-lrt3-job-from-prasarana/#FVI3syKa2tqJa0h3.99.... very promising and positive, better, stronger and more prudent mgt in Mudajaya could spearhead further from my feedback I received from one teh tarih gathering talk..
Hi Johnny Cash, while back from India last month, having my vacation from Indian Ahmadabad-Mumbai High Speed Rail project, meeting with some ex-colleuge in KL's KVMRT/PDP/MRTCorp. on LRT3 and KVMRT project, feedback given was Mudajaya Project Management need some major improvement/reinforcement as their score card is not as impressive as IJM, Sunway, WCT, Gadang.., I believe the top mgt has already been made aware and I am just wishing some mitigations/improvements/corrective actions are on the way.....
Hi Lee Richards, thanks for the feedback, you mean the present management need to be change completely. James Wong is a failure now? Too many times changing management, is a bad signal...this company should had been from the beginning paid More Attention on our local projects, but they were more interested going to india to fiddle the indian assess there..now they got their fingers burn completely..now they need a new management team to announce something negative..the old management will wear a women skirt and run away..i am very sure this new team is going to announce the failure of the indian project, and might be selling it off....this is a very big lesson to them...thanks Lee Richards
Since they mudajaya, already got a good order book on local projects now, then why a new management team is needed to spearhead further...Lee Richards what actually is the failure of james wong? You said bout score cards, you mean company quarter Earnings or something else? Thanks
THIS TIGHT LIP ZIP COMPANY AT LAST HAS NO CHOICE, HAVE TO OPEN IT S MOUTH AND TELL THE TRUTH..BUT NOW THE MANAGEMENT IS GOING TO PASS THIS SHIT TO A NEW TEAM...THE OLD TEAM WILL WEAR WOMEN SKIRT AND RUN AWAY..HOLD TIGHT GUYS, AND WATCH THE SHOW N FUN FOLDING UP..WASTED TOO MUCH OF THEIR F...KING TIME IN INDIA..WASTED A LOT OF INVESTORS MONEY IN INDIA..MUST BE REALLY HAVING A JOLLY BOLLYWOOD TIME IN INDIA...REAL IDIOTS..NOW THEY ARE GOING TO WEAR SKIRT N RUN AWAY
Turbine 2 is having rotor issue. Still fixing. However, Unit 1 is running well. On top of that, RKM is making money this year with bonus declared to the staff. However, I'm not sure how this profit going to distribute to Mudajaya. So buy at your own risk. Sell if you not confident with the company. Hold if you think you want to take the risk.
It is extremely to difficult to make a business/living/profit in India ; You see big Japanese corp. like Taisei, Kajima, Shimizu, Obayashi etc., avoiding India almost all together due to past lesson learnt, cash flow nightmare, lack or extreme snail pace in approval from Asset Owner can be dreadful.. and coming, coming but never coming...., this is why I was told.. Despite that, If you live in India, you will see inconsistent and inadequate power, almost everyday power trip in Gurgaon, Delhi and many major cities.. every Hotel, Guess House, Diesel Genset is a must as back up as adequate basic electricity to major cities is still a big issue (as happened to KL 30 years back then) !!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Valuegrowth45
40 posts
Posted by Valuegrowth45 > 2017-10-12 00:14 | Report Abuse
I think I might have accidentally deleted my earlier comments. short redraft as below.
Thanks my fellow investors for your support and agreement.
Johnny - I read your comments on other stocks before. I think you are good in TA and FA as well. To answer your question, I normally invested in fundamentally sound small cap for medium to long term. I do not have the luxury to trade short term due to my other work commitment. Occasionally I bought some less quality stocks when the time was right. This year the market is very kind. I am up about 50% YTD but this is nothing compared to many sifus here.
My stocks - SOP, OKA, Orna, Poh Kong, IQ, OCR- PA, N2N and mudajaya. My portfolio reached all time high on Tuesday despite Mudajaya was down on the same day.