Steven Yong

100000063324291 | Joined since 2013-08-28

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2014-09-26 21:51 | Report Abuse

Ppl who 7nderstand how VT plan shares know this company has a long long way to go! Calvin pendulum swing can apply to VT. I would suggest avg up whenever feel comfortable to add more. As long as it is on track to reduce debts before more interest hike again. It has ti unwind debts soonest possible and it has done many past few months.

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2014-09-26 21:41 | Report Abuse

Think you did not do your studies Andy Lau. Hk andy lau billionaire, you malaysia ignorance. Jcy top 30% over 80%, they even kena bursa query in too little distribution outside, tht is why price hardly move. So can this be long? Dont think so. 1 yr time either it privatise, or distribute out bonus for more circulation. Either way also win.

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2014-09-26 17:04 | Report Abuse

Leno Panlai! Panlai Cheating

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2014-09-26 15:50 | Report Abuse

MY first TP=0.78

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2014-09-26 15:44 | Report Abuse

Our major shareholder, Tan Sri Dato’ Seri Vincent Tan, together with his entities and affiliates, beneficially owns a 69.3% interest in the Issuer through his direct ownership of 110,764 of our ordinary shares; a 89.9% effective equity interest in MOL.com Sdn. Bhd., which owns 14,618,356 of our ordinary shares; a 60.0% equity interest, and an additional 40.0% equity interest held by his son, Robin Tan Yeong Ching, in Hotel Resort Enterprise Sdn. Bhd., which owns 13,706,739 of our ordinary shares; a 75.5% effective equity interest, and an additional 10.0% equity interest held by his son, Rayvin Tan Yeong Sheik, in MOL Ventures, which owns 7,563,837 of our ordinary shares; a 100% equity interest in MOL Investments Pte. Ltd., which owns 3,057,669 of our ordinary shares; and 5,089,176 of our ordinary shares held directly by Rayvin Tan Yeong Sheik

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2014-09-26 15:33 | Report Abuse

leno, stop it lah. Me and Calvin discover it earlier than you angri cat

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2014-09-26 15:17 | Report Abuse

Sarawak counters no fund manager will buy, Sarawak=corrupted state=lousy management=dark, dirty money.

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2014-09-26 15:13 | Report Abuse

Virtual currency provider MOL Global sets terms for $263 million IPO
9/23/14

MOL Global, a Malaysian provider of online payment services mainly used for game credits, announced terms for its IPO on Tuesday. The Kuala Lumpur, Malaysia-based company plans to raise $263 million by offering 19.5 million shares (62% insider) at a price range of $12.50 to $14.50. At the midpoint of the proposed range, it would command a fully diluted market value of $919 million.

MOL Global could be the first Malaysia-based company to list on a US exchange in over ten years. Owned by Malaysian billionaire Vincent Tan, the company operates an online payment platform primarily used for for online gaming credits (MOLPoints), though Mol has invested in a suite of digital payment services. Its physical distribution network comprises over 970,000 locations across 13 countries, including an agreement with 7-Eleven Malaysia (controlled by Vincent Tan) to sell vouchers for MOLPoints and pre-paid mobile airtime.

Primary shareholders include Vincent Tan (45% post-IPO stake), Sultan Ibrahim Ismail (13%) and founder and CEO Ganesh Bangah (10%).

Revenue increased 34% to $62 million for the six months ended June 30, 2014, driven by a volume increase in MOLPoints, especially in Thailand, where mobile chat app LINE has grown (LINE accepts MOLPoints). However, the company notes that the volume of MOLPoints has decreased in Malaysia. Adjusted EBITDA increased 25% to $16 million (25% margin).

MOL Global, which was founded in 2000 and booked $62 million in sales for the 12 months ended June 30, 2014, plans to list on the NASDAQ under the symbol MOLG. Citi, Deutsche Bank and UBS Investment Bank are the joint bookrunners on the deal; Credit Suisse was removed as a bookrunner. It is expected to price during the week of October 6, 2014.
Keywords / Tickers: MOLG, GAME
Related Links: Upcoming IPOs, Global IPO Volume

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2014-09-26 15:13 | Report Abuse

NO NEED 3 years, just next year will see RM1, count from today

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2014-09-26 15:04 | Report Abuse

not misai now, now have to ask Batman good partner and friend-Robin

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2014-09-26 15:03 | Report Abuse

datuk, din understand you? what is 3 korteh? I like good food, slim ladies.

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2014-09-26 15:01 | Report Abuse

I did not buy. hahaha.

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2014-09-26 14:52 | Report Abuse

Why I need to sell? I'm sitting on profit now, let profit run, cut loss, that is investing basics.

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2014-09-26 14:52 | Report Abuse

MOL listing in OCT 6th, you think it will be a hot running soon? MOL got face book, it got attention in wallstreet, Bloomberg will cover it soon, US funds buying! BJCorp shot to RM1 soon.

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2014-09-26 14:42 | Report Abuse

from AR2014, also from latest quarter report, it write 1080 NARRA:1000 HLIND, so it is RM4.80/RM8.40 now.......OMG, 50% return for sure??

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2014-09-26 14:41 | Report Abuse

HumeCement in Hong Leong Manufacturing is part of HLIND.

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2014-09-26 14:30 | Report Abuse

No, wrong calculation! NARRA now part of HLIND results....maths fail, account fail, logic thinking also fail. phew, hope you don't lose money in this.

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2014-09-26 14:16 | Report Abuse

Buying below RM2 safer, get it only around RM1.80

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2014-09-26 14:11 | Report Abuse

wonder why OSK keep dropping for last few days

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2014-09-26 14:10 | Report Abuse

why insider trading? He doing offering mah, what's wrong with that? He is not selling, if he sell once announcement out then is insider trading

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2014-09-26 14:09 | Report Abuse

shin yang a great company, but in wrong industry I think.
Just like Maybulk, great management, but in wrong industry. Wrong timing.

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2014-09-26 14:02 | Report Abuse

NARRA is not pure cement play, so be careful in applying the comparisons

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2014-09-26 13:50 | Report Abuse

Good fundamental stock, time to buy more

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2014-09-26 13:50 | Report Abuse

GSB is very good in doing business also marketing. Got 1 friend go to view the launching o fG residences last month, and to her surprise, she got a POWERBank!! for FREE!! just viewing only...so you think it successful not in KLANG?

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2014-09-26 13:48 | Report Abuse

bye bye HLIND for now??

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2014-09-26 13:46 | Report Abuse

price has run above fundamentals, and it is a cyclical stock, so be careful on this.

News & Blogs

2014-09-26 13:44 | Report Abuse

HI KC Chong bro,

This company seems to utilise its cash no so efficiently. I calculated and studied, it is churning ard 3% of cash return from operation only.
Mind to share your views?

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2014-09-26 13:43 | Report Abuse

I wrote about it earlier, then Bone also wrote it


Ppl below recommend BUY:-
1.CalvinTan
2.Bone:-http://networkingcapital.blogspot.sg/2014/09/bones-sharing-on-bjcorp.html
3.JohnMaster
4.Angri CAT-LENO

All are winners so far, so you think BJCorp a BUY not??

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2014-09-26 13:40 | Report Abuse

Hi all,

When I first discover GSB @ 0.095, no one listen, sudden spike in volume yesterday create some attention.

Now, have patient to wait. This company can go very far with its shareholdings structure now. Hold it until at least doubled.

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2014-09-26 13:37 | Report Abuse

haha, he can one, you see he recommend Scientx also. Any other great stocks?

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2014-09-26 13:09 | Report Abuse

Kc low if you so damn good, recommend another stocks.

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2014-09-26 12:32 | Report Abuse

Yes! RM4.40 it is undervalued, knowing HumeINd in it, cements biz in it! But over RM8++ is doubled, unless profit doubled or revenue able to double, then it is worth it and more realistic. Now everyone chase high due to NARRA shares to give.

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2014-09-26 12:29 | Report Abuse

See my BJCorp, same around 0.55, but I gain already 10% in 1 month time, Xingquan? Down from RM1 all the way 50% lose now from 1 year ago!

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2014-09-26 12:28 | Report Abuse

speak english please, this is english forum

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2014-09-26 12:26 | Report Abuse

Wait for RM1 only sell!

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2014-09-26 11:13 | Report Abuse

angry cat like to follow people back and kiss ass

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2014-09-26 11:09 | Report Abuse

yeah, your money your choice, wish you luck in big losses coming.

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2014-09-26 10:55 | Report Abuse

Great, towards RM8

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2014-09-26 10:40 | Report Abuse

all time low now, India operation in danger, wait below RM2 to enter. Their power plant is coal, so definitely kena hit. Now they keep silent, now you know why all time low

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2014-09-26 10:39 | Report Abuse

it will goes back 0.50 again.

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2014-09-26 10:39 | Report Abuse

i make money not coz you Angry Cat. I did my own studies, not like to goreng day in out

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2014-09-26 10:09 | Report Abuse

why buy this Xingquan , so many other great stocks out there. why risk your money here? Koon made mistake here, don't repeat mistake

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2014-09-26 10:02 | Report Abuse

leno really like to follow ppl back and kiss ass

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2014-09-26 09:45 | Report Abuse

Buying now too high, don't chase liao!! I bought during 4.80, almost doubled, but has you notice Revenue doubled? No. Profit doubled? No also. So be careful on this.

I would recommend buy GSB instead now. Or JOBST for safe haven