The spread now increases to record high 793. Cold CRC (3538) and hot HRC (2745). Big jump in cold CRC from 3518 to 3538. This almost breaks the highest point 3541 in this year, so give another great reason to continue to hold CSCStel, gogogo!
Most steel counters have risen sharply in the last three months, with Mycron Steel Bhd up by 123.53%, Ann Joo by 95.33%, YKGI Holdings Bhd by 95%, Malaysia Steel Works (KL) Bhd by 94.17%, Melewar Industrial Group Bhd by 86.15% and CSC Steel Holdings Bhd by 50.74%.
CSCSTL is the best in terms of positive growth in the last 6 quarter but its percentage rise in share price is the lowest. There is still a big room for it to rise.
OTB is one of Koon's agents. He buys and sells for Koon by his own admission. Likely secretly dispose for him too. He has consistently been accused of misleading others. By his own words he condemns himself: "In stock market, there is no more god, it is a business. In stock market it is a zero sum game, someone will win at the expense of loser". He treats the stock market like a casino i.e. a zero sum game. He said there is no god in the stock market! So he can exploit others, especially the newbies asking for advice, without a conscience! He said that someone will win at the expense of loser. This is madness, especially from a remisier! Fortunately I know of other remisiers who don't think this way! So spread the word around. Don't trust OTB and his 'advice'! He advise his clients but he is also trading in the stock market and thus in the business of godlessly exploiting others without conscience so that he can be a winner at the expense of others! He needs to have his head examined!
Likely that's why OTB's client, Koon, secretly dispose of his shares without informing the KLSE. OTB has now justify Koon's action. OTB said that the stock market is a zero-sum game 'business'. KLSE should be informed and should investigate OTB as well!
To all forumers. You have been warned by OTB himself how people like him regard the stock market! So don't rely on the 'advice of the sifus. Learn to read charts and financial statements yourself and gain experience!
if there is no population growth , i.e there is no growth in aggregate consumption in a closed country (i.e no export / import or total import minus total export is always zero).....can the total value of all the assets (capital) in that country increase or decrease?
I am thinking...the net value cannot change...
As such, except due to reasons of:
i) a population growth in a country or ii) if there is a net export generating income to the country..
supported by the money generated by the Central Bank via Bond or Interest Rate to prevent inflation / deflation as per the Country's Money Circulation velocity & GDP growth rate....
there is no way the TOTAL ASSET value can change...you can devalue an asset and increase the value of another asset...but the net total asset value will remain the same.
So it appears to me, the Stock Market where the Stock price is reflecting a measure of the assets value in a country... is a zero sum game...except due to real growth due to i) & ii) above.
We know the real gdp growth in our country...any return expectation above this value in an asset can only occur via a zero sum game.
I really wish my understanding is incorrect...and someone - any sifu.. can clarify otherwise...
And hng33, the concession with Splash can continue after Wasia but with lower rates and water volume. Instead of 90%, profit margin it will likely be reduced to 15%. at 90% margin of profit, it is a political bomb. The party that agrees to continue the present rates will likely lose the next election which is near. But I don't see any payment for Splash more than RM250 million. Can compromise to RM500m, which still means a divestment loss of RM750 million for Gamuda! hng33, you should stick with KPS instead of selling at thin margins.
Ans : But I don't see any payment for Splash more than RM250 million.
So forumers, OTB said again that he regard the stock market as a zero-sum game i.e. no different from a casino! He also said there is no god in the stock market, so he is fearless in conning others as 'the final decision is yours'. How did OTB get his remisier license? OTB is mentally sick and should get his head examined!
Recalled few months back where I strongly suggested to have all IDs registered with true identity in i3 or i3 will be flooded with IDs registered with sole & only purposes - attacking without merit.
Just like in any fights...as long as both the attacker and victims responded, it will go on and on and on. It does not benefits anyone here. The only way to get this to stop is for victims need to learn how to ignore those attackers. Maybe you can response once or twice to right yourself and after that just ignore it will do.People who have the right mind will know who is right or wrong.
Those who benefit will benefit. Those who don't think they benefit will not benefit. But the facts about OTB and Koon need to be told. Birds of the same feather flocks together! Those who will benefit will benefit.
@kl foong. The issue is not about respect or not. The issue is about telling the facts as they are. If I want respect more than telling the facts, I would not be commenting so forcefully. I have enough respect from my family and friends! And being truthful whatever the cost is one of the reasons why they respect me.
CSCStel please perform well tomorrow as the 'taiko' of the steel industry. Please go up by at least 10 sen. Please be peaceful to one another and have a good night rest.
Most steel counters have risen sharply in the last three months, with Mycron Steel Bhd up by 123.53%, Ann Joo by 95.33%, YKGI Holdings Bhd by 95%, Malaysia Steel Works (KL) Bhd by 94.17%, Melewar Industrial Group Bhd by 86.15% and CSC Steel Holdings Bhd by 50.74%.
Ans : CSC Steel Holdings Bhd by 50.74%.
You need some patience to wait. Once Mr Gan sold off his holding, CSCSTEL will move up north fast. Thank you.
Mr.Ooi, you need to learn to deal with the keyboard warriors~, As a Gen Y, i learn to ignore them and u can scold back if u want, not a big deal, it's normal for a person to express anger if they fail too much in real life
Ignore KYY write up. This guy have bad intentions putting alot ppl in icu i.e. mudajaya. Trying to run and make big expecting to datuk and datin jump into helll.
SSM "The mere statement by Koon Yew Yin that he is aware about the requirement of filling in Form 29A and Form 29B shows there is no loophole in the law. This is a pure case of a person who intentionally not complying with the requirement of the law. Subject to evidence, SSM will take the necessary action within its jurisdiction relating to the non-compliance of the above."
Details of what koon koon done.
VS Selling shares: 18/3/16-11/4/16 Date of reporting: 4/5/2016
LATITUD Date of selling: 16 - 23/11/15 Date of reporting: Jan 2016
FLBHD Date of buying: 11/4/16 Date of reporting: 9/5/16
As everyone can see, koon koon and his gang is not as good as he want others think he is. Koon koon, if u want to trade, play by the rules, not above it. nobody is above the law, and those who did not follow the law need to be reprimended.
this community is better of without koon koon. i respect koon koon as a experienced pioneer in KLSE, he has his philosophy and method of investing but being experience does not mean that you can go above the law.
@sostupid. Well said and I quote you:"You better not listen to such people anymore especially when they have called you losers after you acted on their advices and they should be ashamed of themselves for misleading people instead of calling others their losers".
It is a pity that such people are shameless. That's why I quoted the Bible to try to get them to stop; that their dishonest trades will not only backfire on them but on their households. I have seen many examples of this happening.
E.g. a rich man I know committed suicide by hanging himself 3 months ago. One of his children is a mental case. He is a 'winner'. But he set a bad example for others. And boasted about his wealth. In the end he lost! He is not the only example I know. Virtually all those I know who tend to cheat (e.g. do dishonest trades) always have something bad happening to them and to their family, oftentimes even to their grandchildren. It's only a matter of timing (a bit like the stock market!).
So beware of 'success' at the expense of others, by cheating or misleading them. The 'whirlwind' will surely come back at those who do so!
@sostupid. I see God everywhere, especially in His creation. I feel God in my heart. I see God by faith in His Word - the Bible. I see God through Jesus Christ my God and Saviour.
@Investar, this community is better of without koon koon. i respect koon koon as a experienced pioneer in KLSE, he has his philosophy and method of investing but being experience does not mean that you can go above the law
I'm neutral, but i think the statement are all not right.
1) I wish Mr. Koon can continue to share and write on issue in i3. You can agree or disagree, this make i3 a better and progressive community 2) Mr. Koon go above the law or not - Malaysian law is always there, the authority always there
In addition, Mr. Koon write up is not to please everyone, I respect his courage and I sincerely hope he can continue to share his vast experience with the community at large. Don't go away, don't go away just because of ONE investar whose we don't even know his real name.
@007. For experienced investors who can see through Koon and his agents when they add a bit of poison after supplying good 'food', you are right. But for the newbies looking for advice like in I3, they will be 'poisoned'.
And it is the newbies that they prey on to make their money by dishonest trades. There will always be newbies. So these conmen bet that they will always have 'business' i.e. by their definition - godless and zero-sum like a casino.
But they are so wrong. These conmen themselves have been deceived via their greed. Giving away to charity their ill-gotten gains will not clean them. By giving away to charity, they get something in return - 'gratitude' and 'respect'.
So in the end even the gratitude and respect they gained are from ill-gotten gains. Their punishment is certain and only a matter of timing!
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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....
8wpwtmt8
2,949 posts
Posted by 8wpwtmt8 > 2016-10-10 17:09 | Report Abuse
Closed unchanged at RM1.99. Is is distribution or continuous accumulation?