Sslee blog
Justice for minority shareholders
Dear all,
Email to SC and Bursa.
Justice for Xingquan minority shareholders. [Case: SC2019-38XX], [Case: SC2019-57XX], (Bursa Ref: CC/XX/19)
Dear SC and Bursa,
I am please and delight that SC encourage shareholders to be prepared and participate effectively at an Annual General Meeting (AGM) with below CORPORATE GOVERNANCE CHECKLIST FOR SHAREHOLDERS:
https://www.sc.com.my/api/documentms/download.ashx?id=b59a0f5d-c414-4c27-b1c2-37ad15072d47
Post AGM
1. Have you read the ‘Key Matters Discussed’?
Listed issuers are required to publish the ‘Key Matters Discussed’ on its website which is a description of issues discussed and outcomes decided at the AGM.
2. Do the ’Key Matters Discussed’ reflect the discussions and outcomes of the AGM accurately? The ‘Key Matters Discussed’ should not be a mere listing of resolutions and voting outcomes of the AGM.
3. Are shareholders provided with an accessible and effective mechanism to maintain communication with the company?
I’m currently facing problems with BLand, BCorp and JAKS when I write in to request for a copy of AGM minutes or suggest to them to post the ‘Key Matters Discussed and Management Presentation’ on their website.
May I ask?
1. Should SC and Bursa make posting of AGM on ‘Key Matters Discussed and Management Presentation’ on its website mandatory since many listed companies did not voluntarily do so?
2. Should SC and Bursa make ‘promised and presentation make by BOD, management and external auditors’ during AGM legally accountable and SC or Bursa can take investigation and reprimand action if minority shareholders make complaint that BOD did not fulfill the promised/presentation but are willful intention to mislead the attending shareholders or with intention to misrepresent the true situation.
Example: A minority shareholder of BCorp asks:
During the past two AGMs, TSVT (Tan Sri Vincent Tan) has promised a dividend post Kyoto Four Seasons disposal, is the promise still intact? May I know if the promise made during AGM has any legal consequences? I am sorry for having to ask this as I have been buying more BCorporation shares the past two years because of TSVT promises.
And he got this reply: “The Executive Chairman of BCorporation is also the major controlling shareholder of BCorporation and he supports all dividend payout proposed by the Boards. The Boards of BCorporation and BLand will do their best in the interests of their shareholders, in particular the shareholders’ requests for 2019/20 dividends. The Boards will look into the proposed dividend after taking into consideration the financial positions, performance, commitments and impact of the Covid pandemic as well as the movement control order (MCO) on the BCorporation and BLand group of companies”
My own experience:
1. Refer: http://hengyuanrefining.listedcompany.com/misc/AGM_minutes_of_meeting.pdf
As late as 24 May 2018 at HRC 59th AGM: The CFO then reported the key highlight of the following three (3) major capital investments the company would be undertaking in 2018 and 2019 and shared that the three investments were vital to the company’s long term sustainability and long-term profitability:
- 2018 major turnaround
- Project Atlas 2
- Project E4M
I was mislead by this 2018 HRC AGM and totally caught off guard and surprise by the subsequent another three (3) big CAPEX USD (48+76+66.40) million on Bursa announcement dated: 05 Sept 2018: 02 Nov 2018 and 16 Jan 2019
2. I’ m totally shocked and dumbfounded with my first Xingquan 2016 AGM experience that the BOD/Auditors were allowed to lie thro’ their teeth with impunity. This had prompted me to start my difficult journey to seek the truth and demand justices for minority shareholders.
The truth is Xingquan BOD are all fraudsters and they used Bursa listing loophole (Deliberately failed to submit financial report) to get Xingquan delisted from Bursa and laughing all the way to the bank with IPO and RI Malaysian’s hard earned money (Hundreds of million).
Is delisting a fair closure for the long suffered minority shareholders? Is justices served? Should SC and Bursa take on the shared responsibility to take further actions to seek a fair closure for minority shareholders and bring on the full force of rule of law against those who broke the law?
Question 1: In view of the seriousness of offends/frauds committed by the fraudsters and their total disregard/contempt shown against authorities of SC and BURSA with no respect for Malaysia Law. Has SC made an extradition request with the Chinese government to extradite CEO Dato’ Wu and his brother executive director Wu Lianfu to stand trial in Malaysia Court?
Question 2: Refer google search: https://www.google.com/search?client=firefox-b-d&q=gertop
Xingquan brand products (Gertop) are available for sale at many online shopping websites. This means Xingquan still has production lines and assets in China but the China owner and Management team just took us Malaysians as fools and showed utmost contempt to SC and BURSA authorities/Malaysia law.
Will SC now invoke CMSA 2007 section 358 (1) in the public interest, taking legal action against Xingquan to recover loss on behalf of victims who suffers loss or damage by reason of, or by relying on, the conduct of another person who has contravened any provision of Part VI or any regulations made under this Act, the amount of the loss or damage by instituting civil proceedings against the other person whether or not that other person has been charged with an offence in respect of the contravention or whether or not a contravention has been proved in a prosecution?
No justice, no peace so please are SC and Bursa going to take further action on Xingquan or case closed no further action?
Let's work together to uphold justice and peace for all, whereby SC and Bursa use its regulatory oversight authority to formulate and enforce Corporate Governance laws and empower minority shareholders in playing the role of an effective watchdog to report any breach of laws to SC and Bursa.
(Note: Sadly SC encourages shareholders to be prepared and participate effectively at an AGM but on the other hand BOD are free to bullshit and further mislead or selling beautiful story to hoodwink minority shareholders with impunity. Minority shareholders were at the receiving end and been bullied, mistreated and deceived by BOD with no-one/no-law to turn to)
Thank you
Yours Sincerely,
Lee Soon Sheng
PS: Please allow me to further suggest the following:
1. Make management arranged briefing presentations for IB analysts available on the website for equal access to the general public.
2. Allow Reporters covered AGM a reporter pass to attend the actual AGM so that reporters can report actually what happened during AGM rather than the current practice of after AGM meet the press where BOD sold a different beautiful story to the press.
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Discussions
1 person likes this. Showing 50 of 125 comments
As i say no need to hurry to dig up mah....!!
The truth cannot runaway mah...!!
If my insas, beat your QL...I do not even need to waste my time digging at all mah...!!
I still have another 6 months to go mah....!!
Posted by stockraider > Jun 13, 2020 6:36 PM | Report Abuse X
Donate is free will mah...!!
U r very irresponsible mah...!!
If u foot the bill...ask u to donate to Najib charity fund...would u do it leh ??
Donation should be our choice...not yours mah...!!
Posted by Philip ( buy what you understand) > Jun 13, 2020 6:53 PM | Report Abuse
SHUT UP AND SHOW ME THIS 2 TIER AGREEMENT. WHERE AND WHEN WAS IT POSTED?
Posted by Philip ( buy what you understand) > Jun 13, 2020 6:56 PM | Report Abuse
I GOT STOMACH LIKE TAKERU KOBAYASHI CANNOT AH. I WANT TO EAT LUNCH FOR 100 KIDS BEHALF DO YOU HAVE A PROBLEM WITH THAT?
BUT SHOW ME THE AGREEMENT WE SAY 2 YEAR BET BECOME 1 YEAR BET.
2020-06-13 19:03
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
>>>>>
Posted by stockraider > Jun 12, 2020 12:32 PM | Report Abuse
Why today almost all the top 4 losers belong to sohai 3iii leh ??
1. Nestle
2. Pbank
3. Dlady
4. Carlsberg
5. Aeoncr
Bcos MOST OF 3iii STOCK OVERVALUE MAH....!!
Posted by Philip ( buy what you understand) > Jun 12, 2020 9:44 AM | Report Abuse
Netx still 1 cent after so long.
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 12, 2020 12:26 PM | Report Abuse
PMCorp 11.5 sen
>>>>>>>
Well, what can I learn from raider?
If you sell your winners in your portfolio, what do you end up with?
Answer: a portfolio of losers.
Because of the ability (cash and courage and knowledge and temperament) to identify great companies, selling is not necessary. Nestle, PBB, DLady, Heim and Aeoncr are multiple baggers in my portfolio (not including the dividends recevied).
If you do not have the stomach to see the price of your stocks fall 30% or even 50% at certain time, you cannot be a great investor for the long term.
Investing is very simple.
Stay with great companies.
Invest regularly for the long term.
Reinvest the dividends.
When the many in i3 shares their great skills in getting in and out of their stocks, it tells us a lot about their thinking and little of their actual performance.
Those who own the above stocks in their portfolio do not need to gloat nor fear; they know over the long term, they will be fine and their portfolio will deliver good to great returns.
[One day, raider will post Nestle. Then, he will post DLady. Then he will post Padini. Then another stock. It is so stupid. Over the long term that he had posted on all these stocks, these stocks have given great returns. By focusing on the short term price fluctuations, at the time when their share prices dropped, raider felt vindicated that he was "right". It was so stupid. It is exactly these times, when I lock in my buying and observe these stocks delivering great returns going forward. If I have followed this stupid person, I might be impoverished. But I am smarter and wiser learning the foolishness and mistakes of others here.]
2020-06-13 19:10
Philip ( buy what you understand)
STOP TALKING BULLSHIT AND SHOW ME. IF YOU SAY THINGS YOU NEED TO BE RESPONSIBLE FOR THEM. WHERE AND WHEN DID WE AGREE WITH THIS 2 TIER STOCK COMPETITION? LATER YOU WILL TELL LIES AGAIN AND HIDE AWAY AS USUAL. PLEASE SHOW SOME BALLS AND TAKE RESPONSIBILITY FOR YOUR WORDS.
SHOW.
ME.
PLEASE.
>>>>>>>>>
Posted by stockraider > Jun 13, 2020 7:03 PM | Report Abuse
As i say no need to hurry to dig up mah....!!
The truth cannot runaway mah...!!
2020-06-13 19:35
Again sohai 3iii talk without checking loh...!!
As at yesterday closing netx up 50% within a day mah...!!
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 13, 2020 7:10 PM | Report Abuse
>>>>>
Posted by stockraider > Jun 12, 2020 12:32 PM | Report Abuse
Why today almost all the top 4 losers belong to sohai 3iii leh ??
1. Nestle
2. Pbank
3. Dlady
4. Carlsberg
5. Aeoncr
Bcos MOST OF 3iii STOCK OVERVALUE MAH....!!
Posted by Philip ( buy what you understand) > Jun 12, 2020 9:44 AM | Report Abuse
Netx still 1 cent after so long.
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 12, 2020 12:26 PM | Report Abuse
PMCorp 11.5 sen
>>>>>>>
Well, what can I learn from raider?
If you sell your winners in your portfolio, what do you end up with?
Answer: a portfolio of losers.
Because of the ability (cash and courage and knowledge and temperament) to identify great companies, selling is not necessary. Nestle, PBB, DLady, Heim and Aeoncr are multiple baggers in my portfolio (not including the dividends recevied).
If you do not have the stomach to see the price of your stocks fall 30% or even 50% at certain time, you cannot be a great investor for the long term.
Investing is very simple.
Stay with great companies.
Invest regularly for the long term.
Reinvest the dividends.
When the many in i3 shares their great skills in getting in and out of their stocks, it tells us a lot about their thinking and little of their actual performance.
Those who own the above stocks in their portfolio do not need to gloat nor fear; they know over the long term, they will be fine and their portfolio will deliver good to great returns.
[One day, raider will post Nestle. Then, he will post DLady. Then he will post Padini. Then another stock. It is so stupid. Over the long term that he had posted on all these stocks, these stocks have given great returns. By focusing on the short term price fluctuations, at the time when their share prices dropped, raider felt vindicated that he was "right". It was so stupid. It is exactly these times, when I lock in my buying and observe these stocks delivering great returns going forward. If I have followed this stupid person, I might be impoverished. But I am smarter and wiser learning the foolishness and mistakes of others here.]
2020-06-13 20:48
This manipulative Philip talk like cock....!!
If he can finish the bah kut teh meals...meant for the 100 kids...no problem raider will donate rm 5k loh...!!
U see Philip is trying to twist around for his lack of responsibility..now he is trying to finish the meal meant for kids to cover his lack of manner loh!!
Posted by Philip ( buy what you understand) > Jun 13, 2020 6:56 PM | Report Abuse
I GOT STOMACH LIKE TAKERU KOBAYASHI CANNOT AH. I WANT TO EAT LUNCH FOR 100 KIDS BEHALF DO YOU HAVE A PROBLEM WITH THAT?
BUT SHOW ME THE AGREEMENT WE SAY 2 YEAR BET BECOME 1 YEAR BET.
Posted by stockraider > Jun 13, 2020 6:36 PM | Report Abuse X
Donate is free will mah...!!
U r very irresponsible mah...!!
If u foot the bill...ask u to donate to Najib charity fund...would u do it leh ??
Donation should be our choice...not yours mah...!!
Posted by Philip ( buy what you understand) > Jun 13, 2020 6:33 PM | Report Abuse
IF NO MONEY TO DONATE 5K TO CHARITY THEN SAY LA. THE BEST IS FOR BAK KUT TEH LUNCH. I DIDN'T SAY WHO I WILL BRING. IF I BRING SOME UNFORTUNATE ORPHANS TO JOIN IN THE LUNCH GOT PROBLEMS? IF I SEND A PROXY TO EAT IN MY BEHALF CANNOT AH?
PEOPLE LIKE YOU ALWAYS LIKE TO LIE WITH 2 TIER BETS AND OTHER BULLSHIT.
BE A MAN LA. GROW UP.
YOUR BULLSHIT INVESTMENTS FOR 2 YEARS ALREADY CAN SEE.
THE STAR MAKE MONEY MOVE ON AND INVEST IN GLOVES WHILE YOU HOLD ON AND IN AND ON.
EVEN SSLEE IS SMARTER THAN YOU.
BUT YOU AND YOUR USELESS DEEP VALUE INVESTING FROM 2 YEAR VERY SUDDENLY NOW CAN BECOME 1 YEAR BET. BULLSHIT LA.
2020-06-13 20:55
Philip lack of EQ loh, if want to bull shit....don say can sapu 100 kids bah kut teh,,,meal lah..??
Bodoh stupid fellow this Philip loh...!!
2020-06-13 20:57
As we grow older we become a little bit forgetful. In order to stop the non-stop argument between Philip and Stockraider, please allow me to repost below two Philip’s posting:
Jan 6, 2019 12:28 PM | Report Abuse
Stockraider, I don't see you buying into INSAS. Or did you? Why don't I compare with you your choice of stock that you have kept for a long time and are very confident of keeping for 2 years shall we?
I live in the real world with real results. Fairy tales are CharlesT with his 50% profit in a few days time but only a few thousand ringgit profit.
But then if you wish to do just for the sake of argument, sure why not. 5/1/2020 it is.
But seriously, where is YOUR conviction? Why don't you also do fair trade and give me a stock that you are confident enough that will perform well that YOU have personally bought heavily into and will keep for 2 years?
At least me and sslee have the guts to put our money where our mouth is. For me it is 35% of my personal net worth, for sslee I believe he also put substantial effort and money into his stock which I respect tremendously.
What have you got?
Jan 6, 2019 10:14 AM | Report Abuse
Great, it's a date. I'll save this and see you in 2 years. May I propose a setoff date? As it would not be fair to use my QL 2009 share price to compare with you.
My last big purchase of ql was in Christmas 2018 50k shares done@6.25. this is my conviction.
Let's compare 2020 Christmas day ql capital gain stock price versus your INSAS share price. If you had bought at rm1 and it dropped now to 0.67 it would not really be fair. So let's assume that your latest big purchase was Christmas day 2018 at 0.65.
Good luck.
So beside two year bet Philip do wrote, “But then if you wish to do just for the sake of argument, sure why not. 5/1/2020 it is”
At trading day 6 Jan 2020
Insas close: RM 0.84 VS bet 0.65 different of 0.19 or O.19/0.65 =29.23%
QL close: RM 8.06 VS bet 6.25 different of 1.81 or 1.81/6.25= 28.96%
Or base on Insas 0.69 and Ql 6.9 then at trading day 6 Jan 2020
Insas: (0.84-0.69)/0.69 = 21.74%
Ql :(8.06-6.9)/6.9 = 16.81%
2020-06-13 22:53
Philip ( buy what you understand)
SSLEE, WE ARE TALKING ABOUT BAK KUT TEH BET. WHERE IS THE 2 TIER BET CONFIRMED FOR BAK KUT TEH BET?
THIS WAS FOR HIM TO MONITOR RESULTS, NOT TO INFLUENCE AND WIGGLE OUT OF A BAK KUT TEH BET WHICH STOCKRAIDER IS TRYING TO DO.
WHAT HE IS TRYING TO DO NOW IS WIGGLE OUT BY SAYING 1ST YEAR QL NOT DOING WELL 2ND YEAR QL WIN SO NO NEED TO PAY FOR BAK KUT TEH LUNCH.
SINCE YOU ARE SUPPOSED TO BE LOOKING FOR JUSTICE, I ASK YOU TO THINK PROPERLY AND LOOK BACK AND SHOW ME WHERE THIS 2 TIER BET WAS MADE AND CONFIRMED THAT WE WILL HAVE 2 BAK KUT TEH LUNCH THAT CAN BE CANCELED OUT FOR EACH OTHER.
PLEASE SHOW ME THAT.
2020-06-13 23:28
Philip ( buy what you understand)
PLEASE NOTE THE WORD "FOR THE SAKE OF ARGUMENT", NOT AN OFFICIAL 2 TIER BET WITH SEPARATE RESULTS IN 2020 AND 2021. WE ONLY HAVE 1 BAK KUT TEH LUNCH, NOT 2.
BUT YOU CAN GUESS WHAT STOCKRAIDER WILL DO? HE WILL TURN IT INTO A 2 TIER BET INSTEAD AND SAY BULLSHIT LIKE BOTH WIN EACH YEAR SO NO NEED TO SAY WHO WON.
BETTER TO BE FORGETFUL THAN THOSE WHO CANT EVEN READ.
2020-06-13 23:36
Philip ( buy what you understand)
Justice for minority shareholders indeed.
Will you turn into a hypocrite and help hypocrites tell lies and get away with lying on the real performance of QL versus INSAS as this is the goal:
To prove the long term prospects of both businesses and how time is the friend of the wonderful business and the enemy of the average one.
Rest assured as time passes by, QL versus INSAS as a business prospects will just grow further and further.
2020-06-13 23:38
Good morning Philip,
The three main processes involved in human memory are: encoding, storage and retrieval. The problems started when human encoding an event, spoken or written words, they only encoding according to their understanding/perspective/views point. Hence this world is never as simple as black and white, true and false or right and wrong.
I really do to understand why you like to argue for argument sake over a petty thing Bak kut teh (arranging for 100 kids from St. Barnabas Home, I GOT STOMACH LIKE TAKERU KOBAYASHI CANNOT AH. I WANT TO EAT LUNCH FOR 100 KIDS BEHALF) and your habit of trying to win every argument or your understanding/perspective/view points are always the only right one? And to finds fault with everything that have different view points from your?
Allow me to repost below one of your posting about Bak kut teh.
Jan 6, 2019 5:46 PM | Report Abuse
Stockraider, I totally don't mind bringing you for Bak kut teh. Stock or no stock competition. Bouncing ideas is always fun.
But seriously,
After 2 years, if ql performance loses to both INSAS and MNRB? I'll give you both a free session at fuji spa pudu, all on me :)
Thank you:
PS: Time for my morning jog.
2020-06-14 07:25
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
>>>>>>
Posted by stockraider > Jun 13, 2020 8:48 PM | Report Abuse
Again sohai 3iii talk without checking loh...!!
As at yesterday closing netx up 50% within a day mah...!!
>>>>>>
Don’t waste time on raider. Move on.
2020-06-14 07:57
Philip hates to lose..he will lose control n lie (stupid lie)n talk rubbish n curse etc
2020-06-14 08:43
I think could b something to do with his childhood experience plus inferiority complexity.
I guess he was born fm a poor family..
Am I right Philip?
2020-06-14 08:44
He will show his inner darkside when he lost control o his emotion..
Even he is very rich n successful now...
Deep inside his heart there hides a small little boy who is fragile n very insecure due to childhood experience
2020-06-14 08:47
I think he himself may not aware of this or choosed not to look at this..
Until recently i managed to unlock his hidden secret n forced him to relook into himself
2020-06-14 08:50
Free therapy dont hv to thank me..
U help the poor kids i help u....
Having said so, rm5k bakuteh to belanja 100 kids? Rm50 per kid??
Eat until they vomit or laosai ah ..
Or.....are u the taukeh of the bakuteh restaurant? Eat water very deep ah my friend...
2020-06-14 09:12
Philip ( buy what you understand)
Yes I am competitive.
Better to be a winner who thinks deep and makes sound decisions and hate to lose,
Then to be a loser who think shallow and acts as if he is a great investor just from one short term lucky speculation.
What happen now? Where is your big money making bet after comfort, Supermax and topglove all come out with results?
After all your bluster, how come Supermax go down to 7.90 instead of jumping to 12 as per your sailang bet?
How come tg drop to 16.7 instead of your rm36 or rm54 TP with 3x results?
So smart? Short term smart or long term smart?
2020-06-14 09:32
I dont own any of these inv banks ah..i dont even own any baluteh restaurants in Klang n will not charge rm50 per head for one bakuteh meal...
2020-06-14 09:40
Why u worry on my supermax ah? Thank you...anyway i m a one year long term investor...not yr kind of 10 years investor lah
As long as can i see rm12 in the next one year time i m happy loh...
If it happens earlier i will not complaint also...
Wait for next 2 to 3 q results...dont be so hamsap wanna see supermax nude tonight or tmr night loh...not yr style mah..u always talk abt 10 years
2020-06-14 09:44
No need lah...i can always dig it up later...no need to argue on this matter loh...!!
The truth cannot runaway mah...!!
If my insas, beat your QL...I do not even need to waste my time digging at all mah...!!
I still have another 6 months to go mah....!!
Btw....how come, u suddenly u bring 100 kids along....u thought bcos we are footing the bill ah ??
As i say no need to hurry to dig up mah....!!
The truth cannot runaway mah...!!
Posted by stockraider > Jun 13, 2020 4:47 PM | Report Abuse X
Fuck lah...philip u go & check back our agreement mah...!!
We have 2 tier bet on performance for year 1 & year 2 all agree between u, me and charles mah...!!
U being dishonest after losing year 1 bets mah...!!
Now u try to twist the fact loh...!!
If u disagree u should highlight from the beginning & not now mah...!
Posted by stockraider > Jun 13, 2020 1:44 PM | Report Abuse X
Another sohai talk by Philip loh...!!
The bets is for bet on 1 year and 2 year performance in respect of QL v Insas v MNRB mah....!!
Whoever losses buy bah kut teh lunch....mah....!!
But year 1 result already out.1st is insas 2nd is MNRB and last was QL.
Now year 2 QL appear is leading loh...!!
Question
1. Does Philip honor the year 1 result ??
2. How did 100 kids from st barnabas come into the picture of the bet leh ??
Of course if Philip is prepare to honor, he foot the bills taking into account QL was last in the 1st year....then by all means, if he like bring the 100 kids along loh...!!
2020-06-14 09:44
Do not worry...Philip is going to gobble up the 100 kids bah kut teh meal mah....!!
Posted by CharlesT > Jun 14, 2020 9:46 AM | Report Abuse
How 100 kids can eat rm5k bakuteh in one meal leh?
2020-06-14 09:48
Unless Xiao Tiao now also sell bakuteh lah....then rm50 per head is possible
2020-06-14 09:48
If i m not mistaken initially its for one year..then philip realised he was losing then he changed to 2 years..
Raider n me being big heart gentlemen we agreed so...
2020-06-14 09:51
Philip ( buy what you understand)
You have obviously never hosted or done charity work for children before.
And yes I came from a poor family. Do you have something against poor families? A lot of the most successful individuals come from poor families. Those that were born in comfort will never have the motivation to push themselves forward.
You with your 1st world rich kid mentality, only finding rm50 to make yourself feel good.
Money is never the most important thing. It is spending time to improve their lives and give them insight and motivate them to improve their life conditions, that is the big thing in life. The more your share, the more you will have.
But suckers who only know how to talk bad about others and have never gone out to real life will never understand and ask,
How can kids eat so much?
You have much to learn.
>>>>>>>>
Posted by CharlesT > Jun 14, 2020 9:46 AM | Report Abuse
How 100 kids can eat rm5k bakuteh in one meal leh?
2020-06-14 09:54
Philip ( buy what you understand)
Please show me this post and the agreement?
ARE YOU TRYING TO LIE YOUR WAY OUT AS WELL?
>>>>>>>>>
Posted by CharlesT > Jun 14, 2020 9:51 AM | Report Abuse
If i m not mistaken initially its for one year..then philip realised he was losing then he changed to 2 years..
Raider n me being big heart gentlemen we agreed so...
2020-06-14 09:55
But it is a 2 tier bet, 1 year to satisfy charles 1 year requirement & another year to satisfy Philip requirement mah...!!
We take measurement of performance each year mah...!!
Raider is sure & confident & 1 & 2 year bets, bcos i m the architect of the agreement mah......!!
Posted by CharlesT > Jun 14, 2020 9:51 AM | Report Abuse
If i m not mistaken initially its for one year..then philip realised he was losing then he changed to 2 years..
Raider n me being big heart gentlemen we agreed so...
2020-06-14 09:56
U show me the proof of me saying i made 200% profit fm supermax in one month time first lah...i lazy to search my last 2 years comments
2020-06-14 09:58
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
>>>>
Posted by Philip ( buy what you understand) > Jun 14, 2020 9:55 AM | Report Abuse
Please show me this post and the agreement?
ARE YOU TRYING TO LIE YOUR WAY OUT AS WELL?
>>>>>>>
Just a simple request for proof and raider and Charles talk tangentially.
2020-06-15 09:24
Philip owe me many proof woh...cant even find fm my last 2 months comments here...now he wanted me to dig for my last 2 years comments ah?
2020-06-15 09:26
Haha,
3iii is so happy nowadays that finally he met his soul mate Philip after decade of preaching invest long term in well managed, good and growth company and he accept philip wholeheartly and ready to overlook Philip many faults of overshoot his tongue in cheek comments and his sharp tongue.
Jun 5, 2020 1:02 PM | Report Abuse
Wow my wife bought supermax shares at 90 cents 100 million ringgit, how come she don't show off like you do? She more happy then u woh.
>>>>>>>>>
But loud mouted Philip deserve to lose and Calvin finally bought TopGlove C74 at 82.5 sen (so happy now)
By the way Philip sold Topgrov because he thinks market value already overshoot the intrinsic value. So aren’t some of your long term stocks you hold also already overshooting their intrinsic value?
2020-06-15 10:54
What a Sohai 3iii busy body comment loh ??
Not necessary mah....still got 6 month to go mah...!!
Of course lose only...dig up mah...Waste time what for leh ??
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 15, 2020 9:24 AM | Report Abuse
>>>>
Posted by Philip ( buy what you understand) > Jun 14, 2020 9:55 AM | Report Abuse
Please show me this post and the agreement?
ARE YOU TRYING TO LIE YOUR WAY OUT AS WELL?
>>>>>>>
Just a simple request for proof and raider and Charles talk tangentially.
2020-06-15 10:57
Philip is another subtle pump & dump kaki...he says Pchem & QL so very good but he dump QL & Pchem loh...!!
In this area 3iii is much more gentleman than Philip at least 3iii believe what he invest, whereas Philip is just another conman loh...!!
Posted by Sslee > Jun 15, 2020 10:54 AM | Report Abuse
Haha,
3iii is so happy nowadays that finally he met his soul mate Philip after decade of preaching invest long term in well managed, good and growth company and he accept philip wholeheartly and ready to overlook Philip many faults of overshoot his tongue in cheek comments and his sharp tongue.
Jun 5, 2020 1:02 PM | Report Abuse
Wow my wife bought supermax shares at 90 cents 100 million ringgit, how come she don't show off like you do? She more happy then u woh.
>>>>>>>>>
But loud mouted Philip deserve to lose and Calvin finally bought TopGlove C74 at 82.5 sen (so happy now)
By the way Philip sold Topgrov because he thinks market value already overshoot the intrinsic value. So aren’t some of your long term stocks you hold also already overshooting their intrinsic value?
2020-06-15 11:55
Haha stockraider,
You already sold Insas at 80+, collect back at 40+ now waiting to sell at 80+ again.
Already took profit how many cycles/times?
2020-06-15 12:14
I admit i sold loh....but these sohai Philip crticize me for that mah...especially on my hengyuan mah...!!
What is the difference of me selling Hengyuan & Philip selling Pchem & QL leh ??
The difference is Philip has a big mouth loh....!!
Posted by Sslee > Jun 15, 2020 12:14 PM | Report Abuse
Haha stockraider,
You already sold Insas at 80+, collect back at 40+ now waiting to sell at 80+ again.
Already took profit how many cycles/times?
2020-06-15 12:27
Haha stoickraider,
Philip is nudist, very transparent one. He sold QL, Yinson and Pchem recently to:
Reduced loan exposure, balance 6.8m
Reduce margin exposure
Pay off margin loans
15-Jun-2020 Sell QL -200,000 9.38
11-Jun-2020 Sell YINSON -500,000 6.40
11-Jun-2020 Sell PCHEM -1,000,000 6.89
Not like you said only died-died & brave-brave hold but secretly sold off your Hengyuan.
2020-06-15 12:50
Fuck u lah sslee...loh
Raider really disappointed with u for carrying Philip balls loh, started with carrying KYY balls now u decide to carry Philips balls loh..!!
Although we are allies in insas, but now i do not think highly of u bcos your betrayal mah....!!
Do u know My dispute with Philip all started bcos i standby u on your insas ??
Fuck u....!! Tiu lei Mah...!!
2020-06-15 13:11
Hahahaha,
General Stockraider, am I step on your sore toe? Why get so angry?
I only remember the fun times rebutting 3iii and admire your heroic act of organizing your defend and encourage words for infantry to charged thro’ the enemy line, when one by one the enemy line fall.
Alas the fight was defeated, no fault of you but with the help of Hengyuan insider’s betrayal and no brave/great armies can withstand such gaming of account.
So no hard feeling or shame on your role as Great General Stockraider’s clarion call of dead-dead and brave-brave hold.
By the way, you have saved your RM 5,000 on you last minutes escape with INSAS-WB, may be this saving is mean for the Bak Kut Teh so why not be magnanimous and tell Philip “ No problem, if Insas lose to QL all are invited for Bak Kut Teh.
2020-06-15 13:52
Philip ( buy what you understand)
I still hold more pchem than you will ever make in your life. I am simply reducing margin that I already make 30% from, and you can track my trade and see how I do over time.
Not like those who can simply make money every day in and out and in and out
>>>>>>>>>
Posted by stockraider > Jun 15, 2020 11:55 AM | Report Abuse
Philip is another subtle pump & dump kaki...he says Pchem & QL so very good but he dump QL & Pchem loh...!!
2020-06-15 17:14
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
>>>>>>>
Posted by Sslee > Jun 15, 2020 1:52 PM | Report Abuse
Hahahaha,
General Stockraider, am I step on your sore toe? Why get so angry?
By the way, you have saved your RM 5,000 on you last minutes escape with INSAS-WB, may be this saving is mean for the Bak Kut Teh so why not be magnanimous and tell Philip “ No problem, if Insas lose to QL all are invited for Bak Kut Teh.
>>>>>>
How much? RM 5,000.
2020-06-16 07:52
Good morning 3iii,
General Raider bought 1 million INSAS-WB at 0.5 cents few weeks before expiration and should has sold back the WB at 1cent or 1.5 cents for 100 or 200% gain if he is not greedy. But he wait too long and had to panic q sell his 1 million WB at 0.5 cents for many days with no avail when expire date is near.
Finally Ah Thong must had heard General Raider prayer and out of pity bought the 1 million WB from General Raider. General Raider was so happy that he had a narrow escape with his RM 5,000.
He already learned his lesson and once he mange to buy NETX at 1 cent he will quickly q sell at 1.5 cents for 50% gain.
And by the way for a billionaire like you RM 5,000 is just a small change but to General Raider is as big as ‘Bull Cart Wheel’
2020-06-16 08:47
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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....
stockraider
As usual this dishonest sohai 3iii need to stick his nose into issue nothing to do with him mah...!!
Like in the insas case...simply comment mis informly on issue without proper studying loh....!!
Btw have u apologise to sslee yet ??
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 13, 2020 6:47 PM | Report Abuse
Once again, the liar is caught with his pants down yet again!
2020-06-13 18:59