The smart money is already cashing out from the market... The market is due for a heavy correction due to a confluence of factors... This is based on CLSA fengshui chart 2018....LOL
Seriously, the market is dead now awaiting the calling of GE... The moment that day is announced and days leading up to it, market will probably drop the most
Koon should stick to promoting his major investment in Jaks and not criticize others' stock picks. Masteel is not in his holdings and is none of his business. Let me remind him of RSawit, JTiasa, Mudajaya and other bum picks which he happily sold while promoting the same stocks in I3INVESTOR. Was he concerned about other shareholders losses then despite his self avowed altruism and noble intentions? Hell, no, he gleefully unloaded on you and me. This old goat should now launch a hostile takeover for Jaks to keep himself busy and not meddle in other people's business.
I don't agree with construction down fall .....according to my understanding if I see in my surrounding construction project sold all units by showing 2 display units
Posted by godhand > Mar 2, 2018 09:03 AM | Report Abuse
actually koon is not wrong. who is going to buy long steel so many unoccupied building in the town. Chances are there is no point building more
Ans : No point talking, please show proof from BNM whether construction of building is growing or not. Building of condo is not slow down because of population growth. The slow down is on high cost condo, it is replaced with medium cost condo. A 30 storey high cost condo and medium cost condo is consuming equal amount of steel bars. Steel bars are needed equally to build 30 storey condo. Thank you. Ooi
Posted by Ooi Teik Bee > Mar 2, 2018 09:19 AM | Report Abuse
Posted by Albukhary > Mar 2, 2018 09:13 AM | Report Abuse
Mr OTB, I hope you can stand firm, I support you.
Please ignore all the comments from the old man, he is lonely and got nothing to do. Everyday he wake up check I3 and see write long article to shoot anyone against him. He got no friend, and his supporter also getting lesser n lesser, especially when many people saw his attitude.
Mr OTB, you have been survive in the stock market for so many years, and I can see you are doing very well. So I strongly believe your FA + TA methodology, and I do believe you have better "business sense" than many others.
Jia you!
Ans : I recommend good TA and FA stocks only. I will never buy speculative stocks or losing money counters. Let time tells me the result. I had been doing very well in last 5 years following my stock selection criteria.
Thank you. Ooi
Posted by Ooi Teik Bee > Mar 2, 2018 09:04 AM | Report Abuse
Please check for yourself whether I talk with facts and figures.
Lionind, Masteel, Choobee and Leonfb, the revenue and profit are growing since last year. I recommend growth stocks but not common sense or business sense stocks.
Thank you. Ooi
Posted by Ooi Teik Bee > Mar 2, 2018 09:23 AM | Report Abuse
Ssteel - working 3 shifts now. Lionind - The plant in Johore is in operation now.
They are not stupid. If there is no demand, no reason to increase production.
I stop here.
Thank you. Ooi
Posted by ValueMaker78 > Mar 2, 2018 09:28 AM | Report Abuse
Mr Koon what happened oh? I though sifu and you, both are buddy buddy? I even saw a nice photo of you two go visit the Jaks site. No more buddy because he don't want to buy your Jaks is it? Your Jak doing well what, even without sifu otb buying it. Why so bitter ah?
Posted by bluebiznet > Mar 2, 2018 08:53 AM | Report Abuse
OOI TEIK BEE shouldnt post his article here. He should only inform his subscriberS so maybe his subscriberS can benefits from todayS panic sell to buy cheap, it is really like because he care so much of his own face and he actually sacrifice his subscribers benefits. Since you already the shares you recommended is not doing very well in term of financial results, then you should care more on the subscribers to make them recoup their loses or what instead of posting article in I3 to show how great is your past performance.
Ans : I decided to do it because superinvestor is sabotaging this stock. Those hold Masteel are victim of circumstance including me. Thank you. Ooi
Posted by bluebiznet > Mar 2, 2018 09:42 AM | Report Abuse
I just saw the kyy blog. It seems like US trade war is just beginning, but KYY and OTB war is fierce fighting already LOL
Comment: So, still angry with OTB !! OTB is a very careful man, he planned his strategy well. He looks forward and take necessary precaution.
its ok to have differing opinion n to agree to disagree. what is not ok is prolonged war of words between two parties over a period of days/weeks in i3 without bringing any benefit n factual information to i3 forumers..
look at current ASP (from Jan until now, 2 months) the price is always above rm2600, with the bigger market share owned by masteel and lower import cost due to appreciation of RM against USD, the profit from coming quarter report will be much more impressive!
I follow OTB and Pak Tua. Enuff said. Now sea of red, brave one goes in and sits out the storm. Let's see after 26wks and 52wks who is standing. Panicky kaki and those need cash one go go go sell so other can collect.
old man love see war in jungle.. When an elephant fights with an elephant, then the ivory hunters will get the profit.. he he he tut tut take advantage
I still believe Mr. OTB's strategies of FA + TA on growth stocks, instead of business sense. Superinvestors bough so much of xinquan, jtiasa, mudajaya, cscsteel and etc and what was the price now?
Now he even invested on pipe maker Jaks to build power plant? What is this business sense means?
...i I won't be surprised if a certain self-proclaimed super-investor starts buying Masteel shares after the collapse of price on the cheap...after which he will start singing a different tune all together about Masteel....e.g. `I look at the quarterly result...and Masteel has been making profit QoQ and what's important is that the company makes profit QoQ...,there're lots of infrastructure projects which will benefit Masteel going forward,Masteel's fundamentals have improved tremendously,I am taking margin financing to buy Masteel...etc..etc...after which he will keep on bombarding with cliche articles ...boasting about his benevolence of being a great philantrophist...that a lot of students have benefitted...so on and so forth....just to entice all the novice and unsuspecting investors to buy the share...and you can see the price increasing steadily...
when pak tua appears I always follow, tu tu this time more serious a bit la pak tua I sell underwear running naked on street also will follow, 50% capital eat all 1.08, activate sailang status. Tu tu Kakakakaka!!!!!!!!!!!!!!
KYY comment in his blog is totally business sense without sense or may be old man cow sense. Refusing to accept concrete figure is not only show this old man is not only egoistic but also very cunning. Masteel EPS : 2017 : 27.11 cents (311% increase) 2016 : 8.69 cents 2015 : -21.33 Southern steel : 2017 : 16.17 cents (2 Q) 2016 : 12.42 cents 2015 : -52.72 cents Annjoo : 2017 : 40.55 cents (21.7% increase) 2016 : 33.32 cents 2015 : -27.07 cents
Masteel performance improve by 3 folds, southern steel easily 2 folds etc. All steel mills now making tons of money but you refuse to accept even the figure shown right in front of you.
KYY if you want to attack OTB, please look at figure and data before direct your cannon. your argument to me very funny and childish
Ans : No point talking, please show proof from BNM whether construction of building is growing or not. Building of condo is not slow down because of population growth. The slow down is on high cost condo, it is replaced with medium cost condo. A 30 storey high cost condo and medium cost condo is consuming equal amount of steel bars. Steel bars are needed equally to build 30 storey condo.
Residential - Exactly where is your proof. Ask yourself if there is increase of development in 2018. I hope u know the developers dont build low cost or lower mid cost home is because its not profitable (So where u get this statistic? how many of these is to be build in 2018? in 2019?) unless theres some sort of government subsidy. So who is going to build a lot of this low cost or mid low cost home. Who is going to do charity. Moreover, even at 250k, majority cannot afford. Please dont talk about backdated project.
Retails and commercial. needless to only the prime place is doing well. so many others like ghost town.
Infrastructure - I believe this is okay since government is funding
Ayoyo I've always been a supporter of otb bcos I think he's genuine
genuine or not ask him if he will buy at this price.
I still believe Mr. OTB's strategies of FA + TA on growth stocks, instead of business sense. Superinvestors bough so much of xinquan, jtiasa, mudajaya, cscsteel and etc and what was the price now? Now he even invested on pipe maker Jaks to build power plant? What is this business sense means?
kyy说:“That is why a lot of smart shareholders are dumping their holdings to cut loss. The share price has dropped from Rm 1.80 in early January to close at Rm 1.14 per share. It has dropped 66sen, 37 per cent in less than 2 months. No one knows what the bottom is. I advise all readers not to bottom fish because Masteel’s profit will continue to drop for many more years until all the unsold properties are sold.”
@godhand, may I ask 2014/2015 when property booming why all steel mills lost hell of money? and now property slump all steel mills making hell a lot of money?
Gamuda and IJM are two leading infrastructure, construction and property development companies in Malaysia with market cap RM12 and 10 billion respectively. Why would a self trumpeted founder of such companies with savvy business sense divest his stakes in such eminent companies...unless his business sense is not what it is trumpeted to be? If he had held just 10% throughout either company's history, his stake would be worth RM1 billion! He would'nt need to speculate in shares at all.
US steel tariffs will affect world steel price... china cheap steel will flood malaysia market... masteel... gd luck... ppl keep buying lagi more good luck.. hahahaha
Posted by Henly > Mar 2, 2018 10:34 AM | Report Abuse
@godhand, may I ask 2014/2015 when property booming why all steel mills lost hell of money? and now property slump all steel mills making hell a lot of money?
several factors backdate payment? low steel price, even demand high also no use? it depends on the company term of payment with the contractors.
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Posted by GGecko > 2018-03-02 09:28 | Report Abuse
not today..