SIGH.....I hate to say this but every china company that come to malaysia is for one purpose only, which is to con money, if their business is really so good, why not listed in china, they can get more money.
It is very disheartening that some postings here revel on other people's miseries and missteps. Why the joy in seeing someone else suffer?
Sure, you may not agree with his investment principles, but you don't have to ridicule the guy
Being a hugely charitable person, his losses would also mean lesser scholarships available to the needy. If you think you are happy with that, proceed with your insults
Kyy loses will never benefiting the Malaysian nation , the things that matter to me is Whyyyy Bursa so insensitive to this matters. What has goes wrong ? Isn't that shareholders not their cincerning ? What's their mission ??
I'm hv a sense that this morning sessions declining is juz started, the trend will getting furious this afternoon session. So, cut lose is necessary , dont loose your wood 留主江山 不怕没柴烧 !
I see no joy when YY suffer. Just caution those ikan bilis who may want buy now not knowing the big fish is dumping his shit. After Xie which is gone, YY is the big one who can dump like this.
I'm believe rocketleft must hv personal agenda for what he tried to display the untrue or bias hint or his accused to kyy. Comparing the paralyzed Bursa mechanism and the losses of Kyy to further return to the benefit of d society rocketleft personal benefit are way too negligible.
Mr.Koon donated RM50 Millions to Penang State Government not long ago...Do u really think he wanted to con yr BIG money to buy Xinquan shares from him? How many shares of Xinquan can u buy?5K, 50K?
Even one Senior Trader Alphajack who claimed to be leading a very big trading team here can almost buy around half a million shares..So how much do u think Mr.Koon can convinced u to buy?
But then again why Mr.Koon keeps on posting his analysis on Xinquan...Do you really think he believes in their audited ac, net cash per share of RM3, low PE etc etc, especially after he has been holding the shares for years,since IPO time.....
agreed. He who attacks Uncle Koon is a small man. Uncle Koon can afford to lose in this counter.....His critics may not be able to afford such loses without losing an arm and a leg. Anyway, charity will bring continued prosperity to Uncle Koon
<Mr.Koon donated RM50 Millions to Penang State Government not long ago.>
Unfortunately his ego is too high...he couldnt accept and acknowledge his weakness and mistake made...instead he try to drag on and on...he even tried to pass the mistake to others as he hates losing money (not really want to con yr BIG money lah).I think he felt pretty insulted of losing money.....But in shares investment, its either u make or u lose...it's part of the investing life...
Please cut loss n move on...dont let yr money gone totally..the Co can go burnt and delisted if all those are fake...its just a matter of time
There are a long list of them...such as Megan, Transmil (Robert also kena), Silverbird (or High 5 where Vincent kena), FTEC, Wintoni and many many more...
KYY doesn't mind losing in Xinguan, i think he will just battered down the shares to the lowest and the Management will begin to notice his strong presence felt in the company shares in which will affect the company reputation or perhaps affected some of their collateral charged to the bank.
Posted by ktsk88 > Jan 4, 2016 01:01 PM | Report Abuse
KYY doesn't mind losing in Xinguan, i think he will just battered down the shares to the lowest and the Management will begin to notice his strong presence felt in the company shares in which will affect the company reputation or perhaps affected some of their collateral charged to the bank.
Do u really think this will happen? There is no way Mr.Koon can catch the China Boss...
Kyy is a normal brave man. The difference of Kyy & Robert kuok is Kyy's willingness to share his view in open through bloggers forum. That's action shud be respected ; aren't we not benefiting fromKyy sharing ?
The SOcai or Con Senior Trader's comment is as follows...
Bloody hell their manufacturing segment alone as good as the current EG ready.
Defence segment now finally profit making but profit is so tiny we cant rly take it seriously now.
Communication seg is still bleeding, but recently the bleeding has lessened in the last Qs..hope management dispose it or find a way to get rid of it as it will hamper Comcorp from achieving share price of RM2 one day.
Green Energy is a good play, revenue can add 7m a year with 2.5-3m a year with 2MW, very high margin business, this will start contributing in 3Q16 onwards...hope they win even more contracts again and maybe be the green energy leader in the entire Malaysia by next year, potentially can make 10-12m in this segment alone in 2018 when they expand again.
Businesses do not grow in a day and certainly Comcorp has been downplayed for too long due to its huge bleeding from one segment when mana tau their manufacturing segment silently has been catching up to be an equal to EG..stronger product mix also means they are not that dependent on USD eventhough USD is expected to be strong and help contribute even more to margins for the entire FY2016.
all in all, I dont see why Icon's tp of 1.60 is not achievable, I think will be 1.20 by end of Feb first after next result, most prob 12m for FY2015..anything above that is bonus.
For it to hit 1.60 might take a year, only by including green energy profit we can achieve that. But for sure we do not know other prospects the group has yet, it might get around 11.2m (havent include interests) soon from if the Federal Court awards the court litigation to it (most likely as High Court and Court of Appeal has favored Comintel) and it can either lower current gearing and expand the current manufacturing biz or expand in a new biz. I think the former is better, reduce interest on borrowings and if they can win more contracts and expand their manufacturing biz to make 25-30m a year, shareholders and funds will love it. And if they can just dispose the entire comm segment to the government even for a low price would be DAMN good as the company would be immediately revalued with huge upside in share price..Hope they do that like other turnaround companies have and hope some professional fund managers who meet them advise them to do so to further increase share price and value to shareholders.
For now, the future is definitely sound for Comcorp..I will remain invested for at least another year, let us wish for the best, 100% return in a year is not impossible
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....
cpng
1,575 posts
Posted by cpng > 2016-01-04 09:39 |
Post removed.Why?