calvin. something wrong with this stock despite all the beautiful rosy pictures painted by u, i had followed your recommenadation and bot when it break 50c. only to cut loss. and it was a correct decision. see what is it now?
if i were u, i would stop recommending this stock. really see no point of this stock being appeared in i3 forum top page almost everyday.
Calvin say just wait. All who are patient will be rewarded.
Example: When RHB (OSK) Research Lady Visited OSK Iskandar Branch some time ago she highlighted Tambun Indah's potential bacause of Penang 2nd Bridge Link.
Tambun Indah share price stirred up. Then it waned as the months progressed. I think Tambun was traded at a low of RM1.40 then Then finally the 2nd Link Bridge is Ready. And Hooray! Many Analysts and especially Newspapers & Investment Papers came out to praise Tambun Indah. As a result Tambun Share Price shot past RM2.00.
MP Corp will be like this, someday.
Calvin advise. Don't rush. Foot ball betting will cause less trading in KLSE. This is the best time to buy on weakness.
Buy what you know for sure. Buy when Mr. Market is selling his shares to bet in football.
Later when Mr. Market return from football betting (Sure to end - only one month thrill & sleepless nights) and start buying, just sell back to Mr. Market at higher prices.
You can refer to BEN GAN ala Wisdom Wise blog for more info. And that is current info. GP has 129K hectares Timber forest concessions. Compared to Sarawak Timber it is far cheaper & faster to get logs out from Terengganu forest than Sarawak forest as roads there very bad but good condition in Terengganu. So logs/plywood from Terengganu are fresher and can fetch higher market price and got Green certificate. What is sustainable forest management? U got to divide forest area into say 20 subsections, fell, replant and wait for 20 years before cutting the first tree that u had replanted right? Is 129K hectares very big that it need 20 years to chop down and replant?
The FUTURE we cannot see now but we can postulate the scenario. 129K of Timber concession especially fresh timer is worth a lot of money compared to stale timber. So current price is still undervalued if take into account future timber/plywood profits.
Just imagine sometime in the future and ask What if the Terengganu state govt decides to plant Oil Palm, Rubber etc plus retain some Forest land after they had chopped down the Timber? What will be the share price of GPHAROS then?
That is why I rate GPHAROS as a DARK HORSE!! It could possibly become a SUPER DARK STALLION!! Just have to be patient and monitor what is happening.
I don't like stocks that move up. I love cheap stocks, the cheaper the better. Of course, only those with strong fundamental and not china lemons.
AAX down from Rm1.28 to 71 cts. Better load up now. MULPHA - I just bought 30,000 shares at 42.5. cts yesterday. I bought once at RM4.50 YTL Power Wb - Price retraced from 80 cts to 56 cts. KPSCB Director bought at a high of 58 cts. Now on offer 51 cts. PPG for 53.5 cts (Deeply Undervalued Assets) SKB Shutters (Not even one person interested)
Many Others I like coming down for me to buy cheap. For Mr. Market he chases Top 10 ten green green counters. But for Calvin he looks at those fallen to attractive levels.
That was how I bought CMSB at RM2.20 (Now over RM10.00) UMW at RM2.40 (Now at Over RM10.00) Perak Corp at 60 cts (Now Co offer to take it private at RM3.90) Calvin already sold. KPS at 42 cts, Shot up to RM3.92 DKSH also 42 cts, Pintaras at RM1.40 (Wnen on to touch RM6.00) & many others at Rock Bottom Prices!
Listen to John Templeton
"When we see unrecognized value we are willing to be contrarian. We are buying when others are despondonly selling and selling when we are greedily buying."
As for G Pharoas I already visted the factory in Kelang, Selangor long long ago. I saw those rickety wooden doors in the crude compound. In those days the boss rode a super bike. I sold off G Pharoas after that and never look back so cannot comment now.
GPHAROS original boss rode a Harvey Davidson bike after founding the company, overtook a lorry in PERAK road , Harvey bike skidded on wet and slippery road ,he fell and oncoming car took his life away.
ITs business model had changed since then. Just google and see who is the major controlling shareholders.
Yes that was in year 1999 fifteen years ago just before I left for holiday in USA & saw the beginning of Subprime lending I saw in California.
I had a hunch to buy GPharoas 100,000 shares at 30 cts then but did not. I bought 80 lots of TA instead. TA gave One for 4 Wb (free warrants)
When I came back GPharoas went double limit up like now to cross 80 cts if I remember correctly. I missed Gpharos bull run but my TA Wb did even better! The Free TA Warrant Shot Up To RM1.00 each!
"When we see unrecognized value we are willing to be contrarian. We are buying when others are despondently selling and selling when they are greedily buying requires the greatest fortitude and pays the greatest reward." ..............................................Sir John Templeton
In The Depth of the US Great Depression John Templeton even borrow money to buy a hundred shares each of many beaten down fundamental stocks.
PM Corp is the most undervalued consumer stock in KLSE. I am hoping for it to cross RM1.00 someday. I have UMW since year 2004 at RM2.40. UMW now a blue chip over RM10.00.
And my sifu also told me that fairy tales are only for kiasu uncle who likes to imagine. We are living in real world, so my sifu said fairy tales is a NO NO.
another question Calvin, I went through Mpcorp financial reports, they were losing money every quarters since year 2009. So what do think their future development? positive or negative??
For MP Corp its business is almost nil except for rental from Wisma MPL. The Main Reason for buying MP Corp is its Valuable Landbanks.
Right now 3 parties are negotiating with MP Corp. Outcome in one or two months's time.
Whatever the outcome the FAVOURABLE WIND OF CHANGE IS BLOWING IN THE DIRECTION OF TAMAN NUSA JAYA - MP CORP'S VERY PRIME ASSETS - THE CONSTRUCTION OF THE EAST WEST HIGHWAY FROM TEBRAU TO BANDAR SRI ALAM TO NUSA DAMAI & TO ECOWORLD - AND ON TO PENGERANG
OTHER PEOPLE GIVE IDEA OR SUGGESTION BUT YOURSELF TO MAKE A DECISION. DO YOUR OWN RESEARCH. NOBODY CAN FORCE YOU TO MAKE ANY DECISION. WHEN YOU MAKE A WRONG DECISION DON'T BLAME OTHER PEOPLE, BUT YOURSELF.
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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....
optimusx8888
916 posts
Posted by optimusx8888 > 2014-06-14 12:51 | Report Abuse
calvin. something wrong with this stock despite all the beautiful rosy pictures painted by u, i had followed your recommenadation and bot when it break 50c. only to cut loss. and it was a correct decision. see what is it now?
if i were u, i would stop recommending this stock. really see no point of this stock being appeared in i3 forum top page almost everyday.