I agree with u, Mr show, our priority is to make money,but how many small investors make money in the share market ?. After recovered, then the next step is to make money but must invest wisely as making money in share market is not as easy as so many people think .As u know small investors are lack of cap. I believe many retail investors are having huge paper lost (includ. me ). For me or maybe others not u if I can recoup. my papers lost are consider good cos it is a stepping to making money later.
TAH you know why many small investor don't make money ? because they are either cut loss or recouping losses most of the time. Why not make a change, make big profits instead. MSPORTS is one where big profits are just waiting to be made. MSPORTS is still grossly undervalued.
If we see another announcement of Paramajit increasing his stake, means things will get real nasty. Lin Houzhi will have no choice but to get aggressive to buy back as much shares as possible at any price ( unless some of you are willing to give him cheap ), otherwise he will lose MSPORTS cash pile and factories and land to Paramjit. From the transactions, it is very likely Paramjit is still buying and he is not stopping.
Got people said he is a lawyer. If he is really a lawyer,then good news lah. Mr Paramjit can ask independent auditor to verify whether this comp.still got Rm 250m+ intact. Habis lah Mr Lin .
You can contact him to confirm as well. Tel 03-21440266 Fax 03-21410413 E-mail gilltang@gmail.com
Posted by TAH > Feb 27, 2016 11:27 PM | Report Abuse
Got people said he is a lawyer. If he is really a lawyer,then good news lah. Mr Paramjit can ask independent auditor to verify whether this comp.still got Rm 250m+ intact. Habis lah Mr Lin .
It seems like all the losses comes from their new apparels business venture, Evidoma. They are trying to diversify from Shoes but unfortunately did not work out well. This gives me more reason to believe they may try something even more drastic, merge with Permanis :) Mr Paramjit could be Erwin's proxy.
or... Mr Paramjit may try to just take over MSPORTS and liquidate it for its cashpile and factories and he is getting closer to gain control every day.
If you have noticed, selling by Lin houzhi has stopped, he is now at the verge of losing control over MSPORTS. Either a friendly M&A or a hostile take over may commence anytime now.
Either way, MSPORTS share price will go up few folds based on the fact that MSPORTS is now sitting on a huge net cash of more than 50sen/share ( after minus those almost zero borrowings ) with additional factory building worth at least 30sen / share. I don't even want to talk about receivables and inventories.
MSPORTS share price is currently less than 6 sen, this is super grossly undervalued. Even if we want to be super negative, where worse case scenario if the RM300 million cash on hand is fake, surely those massive factories cant be fake because it is physically there... So we just take the factories. Pay 6 sen for 30sen, still one hell of a bargain.
However I believe the cash is real, meaning we are paying less than 6 sen for something worth more than 80 sen.
just go and take a look at the KLSE announcement, Paramjit increase his MSPORTS stakes again. Please be as negative as possible while I wait for the big money. Please come back to regret one of these days.
Wow ! Mr Paramjit increase its stake to 11.45% , Mr Lin better wake up oh! if not u will be in Kajang jail soon cos a lot of investors say u create fake account. ha ha ha ha
If jailed in Kajang not so bad, if jailed in China is far worse. I don't think he dare to fake accounts in China. I don't think he need to fake his accounts, no reason for him to do that.
Paramjit Singh stake is 11.466% vs founder Lin HuoZhi 11.447% so he is the boss now can kick out Lin anytime.
Posted by StevenSnoopy > Mar 2, 2016 08:57 AM | Report Abuse So Paramjit already take control? if not, still need how many percent to take over the company?
with Paramjit continued buying, MSPORTS have no choice but to go up as seller are becoming less and less. Still cheap for Paramjit to grab even at 20sen / share because once he get control of MSPORTS, he will get easily few folds of what he has invested. Even if cash if fake ( I believe it is real, auditors have checked every year, accountants, lawyers have gone to china to check, yet people still don't believe ), just those massive factory buildings and land easily worth more than 20sen / share. Paramjit knows what he is doing and he is about to increase his wealth by a few folds soon.
To the rest of KLSE players, I don't know what is in their head. MSPORTS is a sure thing already. Yet, they still want to struggle with other counters in KLSE. Worry day and night losing money. With MSPORTS, just buy and wait.
MSPORTS is going up for sure. Only need some holding power
Dear Mr Show, i think it is inappropriate to use the word "get lost" to anybody here. This forum is free for everyone to comment, whether positively or negatively. What happen, if others comrade were to ask you to "get lost" for comments they don't like to hear ? Good luck to you ... Mr Show.
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....
TAH
797 posts
Posted by TAH > 2016-02-26 10:34 | Report Abuse
I agree with u, Mr show, our priority is to make money,but how many small investors make money in the share market ?. After recovered, then the next step is to make money but must invest wisely as making money in share market is not as easy as so many people think .As u know small investors are lack of cap. I believe many retail investors are having huge paper lost (includ. me ). For me or maybe others not u if I can recoup. my papers lost are consider good cos it is a stepping to making money later.