He's in the 70s. Unversal good values or most cultures give respect to our elders. He has and is doing a lot of good deeds no matter how, why and what we look at it. He put in his own effort and his own reasoning to make what he has made and going to make and the most important he did and doing it legally. He doesn't steal or rob to make his wealth. And he returns back some to society and some may not agree with it...
half day 30 million shares done many who buys bets that the suspension will be temporary. and its only 3 or 4 sen.
don't be deceived by 3 or 4 sens....for small time investors , even 3 or 4 sens can also make you lose big money if you buy enough.
never before in corporate Malaysian history, a company with healthy balance sheet gets delisted just like that....but this is a red chip and red chips follows its own logic.
even CFO also balik kampong already...who else to represent the company? you may not find any one soon.........all balik kampong, doors closed.
It is obviously the counter owner purposely delayed the release of QR and forced the stock to tumble. Too much negative energy here. No need to grumble so much, just play with the momentum. Keep calm, continue to gain profit.
KKY is trying his best to support the counter as well as to help those poor guys who wish to sell all if they want. KKY is taking the risk himself. Looks like he will battle with the China Conman after delisting. Good luck to KKY. He is certainly a good man and a risk taker. From my experience with MSPORTS, Xingquan and CAP act the same - Everything they did were the same. Just so SAD why both our government and the Chinese government all allow them to cheat. ACTION must be taken against these CONMEN.
KKY is trying his best to support the counter as well as to help those poor guys who wish to sell all if they want. KKY is taking the risk himself. Looks like he will battle with the China Conman after delisting. Good luck to KKY. He is certainly a good man and a risk taker. From my experience with MSPORTS, Xingquan and CAP act the same - Everything they did were the same. Just so SAD why both our government and the Chinese government all allow them to cheat. ACTION must be taken against these CONMEN.
Dear all, You can choice to live in your sorrow past bemoaning and blaming other people for your current situation. Or you can choice to live in NOW, forgiving and start anew thus help to shape the future. We are all victims and for once, can we unite in our effort to seek justice for all. I my actually hoping that Mr. Koon can mount a take-over of this company and teach the crooked mainland China man that a business can be run successfully with honesty, integrity and trustworthiness. Malaysia is not short of talented people thus I believe with right management and creative team, Gertop can be a global brand name. Together we can show to the China man/world what does Malaysia Boleh mean? Thank you
Koon oredi invested Rm30M+ into Xinquan for a 10%+ shareholdings now...he just need to put in another few millions to acquire another 20%+ so as to launch a takeover bid...sup sup suai
Age : Oldman 84 years old (Won) while Wu Qingquan 47 years old
Past records : Oldman Won (being founder of many public listed co in Bursa and more than 30 years of experience in construction industry) while Wu only involves in footwear industry since 1989
My cut loss concept: is different from the FA & TA experts. As I continue to buy any share, the price will continue to go higher naturally. I will cut loss as soon as the price drops more than 10% of my last buying price. In this way, I am sure of making money.
As I said I will start buying at the pivoting or turning moment. But our most expert chartists would only recommend buy when the share crosses the 80 or 200 day moving average when the price has already gone up much higher. They will not buy even if its financial analysis is excellent because they want to be sure that it is really moving north. But by the time they recommend cut loss, I would have sold to pocket my profit.
Conclusion:
What I said above is like blowing my own trumpet, very boastful. Luckily I told James Ong, my assistant what I did. In fact, one smart investor, under the pseudonym Stockmanmy wrote his article where he described what I did in i3investor.
KYY Investing Guide lines - Koon Yew Yin Author: Koon Yew Yin | Publish date: Tue, 29 Nov 2016, 08:47 PM
4 Cut loss will limit your losses: After you have bought a share and the price did not go up as you expected, you must cut loss when the price drops more than 10% of your purchase price.
Should cut loss when price drops more than 10%...but then should buy more when price drops more than 70%?? I saw Koon subscribed the rights issue at RM0.30 in 2016 when price drops more than 70% from his initial cost?
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....
CharlesT
14,976 posts
Posted by CharlesT > 2017-06-06 12:28 | Report Abuse
U dont understand the complexity of my feeling towards him (Uncle Koon/ Oldman/Koon Koon/Smart Koon/Kyy etc)