If you have crystal ball can you tell me what will go up 6 months from now? Trying to time the market is for people like Leno. I prefer to be right instead.
>>>>>>>>
Sslee

Philip sold his 2+ million Topglove in March, April and May 2020 at average price of about RM9. Imagine if he has hold Topglove for anpther 3 months and sold in August 2020 what will be the price different?

41 minutes ago

But you also say sop and innoprise is a bad bet. But in fact those that bought sop and inno early made the biggest gains during the speculative period. I myself have already left the scene and taken out my gains. When everybody start to buy gloves I sell. When everybody start to buy steel I sell. When everybody start to buy pain oil I sell. Now no one want to buy gloves, I buy. What next? I have no idea, but my money is still in pchem, best cash flow machine with 50% payout in dividends growing bigger and bigger.

I have started to buy tech now. Buying baba average cost 90. Buying more stoneco, more palantir and more tech. I will keep and monitor closely.

>>>>>>
stockraider

TDM is just a rubbish stock loh!
U r just plain lucky if u make money on it loh!

FYI it is now 8 am in Australia, and enjoying life there while going for breakfast and can't wait to finish short holiday to come back to the country I was born in and I love dearly Malaysia. The best country in the world that has blessed me with so many friends, opportunities and good luck.

You see the difference between you and me Leno? I look at all the good things in life and enjoy every single thing as an experience. I share my portfolio not to show off, because people like Sslee also used to think I was an imaginary person, so I posted my CDS account screenshot, he didn't believe. Then I started a online trackable portfolio which many people actually follow weekly or monthly to see how I perform versus them to compare results ( you can't fake portfolio numbers on i3). Over the years then they see that my investments in topglove and pchem taking flight and the returns show. From 27m portfolio to 60m portfolio in 3.5 years in i3investor online transparent portfolio.

If you want to say Monopoly money sure, up to you.

But you suck at playing Monopoly Leno. Even with monopoly money my performance beats yours by a thousand miles.

Leno can't even play monopoly properly, even EPF has a better performance than you. Hahaha last 3 years epf performance was, zero loss in share unit price ( still rm1), 2019 5.45%, 2020 5.2%, 2021 6.1%.

So what's the summary here Leno? You talk so much kok, 6000 unconstructive posts .. but your stock performance can't even beat EPF "Monopoly" results.

If you can't even beat EPF benchmark, wafak you talking so much. Should just keep quiet and learn how to invest properly

Else put more money in you EPF contribution so that you actually make money that can help towards retiring in Australia one day. Pariah dog.

Over that same period, insas dropped from 0.91 to 0.82, for a -9.34% loss over the same period, while enjoying 0.065 in dividends or 7.14% dividends for your fixed deposit over 3 years. No wonder can't go to Australia, you can barely make money from stocks...

And Leno, since you want to talk about Monopoly. Let's see how well you play. My largest position over the last 3.5 years,
https://klse.i3investor.com/web/blog/detail/philip6/2019-02-14-story-h1457040136-HOW_CALVIN_TAN_CHUN_CHUN_CALL_CONVINCED_ME_TO_SELL_PUBLIC_BANK_FOR_SECR

If I have done nothing, from my initial buying cost of 8.33, I would have received 1.04 in dividends and 1.85 in capital gain( at today price of 10.18) I would have had a monopoly gain of 34.6% over the last 3.5 years, just close eyes and go holiday in Australia outback without any worries...

But somehow this Monopoly man with his portfolio transactions put in daily with every purchase and sales which cannot be deleted or edited is still performing better than insas. Why don't you also try playing Monopoly? See if you can get 25% CAGR over the last 3.5 years as well. Cannot? Can only talk but cannot even play monopoly properly? For someone that seems to think he good buying insas, your results sure are lousy. No wonder talk bad about pariah country malaysia, but still living with the parents in their basement IN Malaysia. Maybe if you earn money in real life you can leave malaysia and go to Australia. As it is... Remember this lesson. Losers talk a lot, speak too much about how they could have done this and that. Winners talk little, and let their results show.

If you want to say I play with monopoly money without investigating than up to you.

But guess what? I'm a better Monopoly player than you will ever be in 3 lifetimes.
>>>>>>>

leno

if u cannot give me the page number
maybe u can google and tell us the name of that RM 60 million dolar monopoly old man
see can or not ?
Sure cannot one mar.
Where got company list up name of Top 30 monopoly players in their annual report.
right ?

1 day ago

If you want to do valuation, then do full valuation. If you have an AGM and do board approval to remove the 33% mandatory take over offer, then I will say insas is undervalued. Else, with all the poison pill clauses, insas is fairly valued, in fact insas is overvalued. Why? I do not need to buy over insas, I just need to control 51% and I can install new management with ways to unlock value of insas for profitability. As it is, the founders of insas has ensured that no institution out HNI in their right mind will ever want to buy over insas. What would be the point? As soon as you touch 33%, everyone will be asking silly prices for their shares like a game of chicken.

>>>>>>>>
Sslee

Sometime I just wonder are we feel so inferior ourself and needed a white man Graham Number to tell you Insas is undervalued?

Insas a profitable company with NAPS of RM 3.25 and now selling at RM 0.82 which is below its net cash value, is that not enough proof that Insas is undervalued?

16 hours ago

Wafak is Graham 22 years? No wonder so living with your mother and father. Grow up kid. If you actually step out of your house and do some reading, or maybe ask your banker who is Philip in Sabah, you will know exactly who I am. Sad to say, just because you don't know who I am doesn't mean other people don't. In fact, you can show my online portfolio to your remisier, he will know immediately who I am haha. Cannot say the same about you.

>>>>>>

leno

If u got RM 60 million worth of portfolio
will u still hide inside sabah jungle ?
If u got RM 60 million will u act like that old man ?
It does not make any sense.

A simple logic Lee, if I did a hostile takeover for Insas, do you think the family will sell at 80 cents or will they ask for full value 4.5?... Would you take a cheap price to sell shares in Insas?

With such a value trap in place, why do you think no one in their right mind would want to even touch Insas?

The moment you show interest everyone will tap you... Not so easy la. First have to understand why it is called a value trap.
>>>>>>>
If you are rich enough maybe you can make a hostile take over of Insas and make yourself a few hundreds million richer.

or join you investing in tunepro. funny how the tony fernandez decided to put all his innovations into his own company instead of sharing with the partner shareholders which helped him kickstart airasia.

tunepro under own name.
santan put under girlfriend.
maintenance under another trusted liutenant.
all the other country airasia rent and take liabilities while all the profits and assets park under malaysia airasia.

anyone that even thinks of putting money into airasia better think twice. why did they sell all their aircraft and lease back again and give dividend?



>>>>>>>>

Posted by Sslee > Apr 1, 2022 1:18 PM | Report Abuse

If you like negative equity with controlling shareholder full of innovation then you are welcome to invest in CapitalA

This is exactly why insas share price will never go up. everything need to beg and ask nicely from insas CEO, while he looks at you blankly and ask... who are you? why do I need to share my company with your grubby fingers?



>>>>>>>

Posted by Sslee > Apr 1, 2022 12:44 PM | Report Abuse

Dato' Sri Thong and PIC officially hold 32.96% of Insas as controlling shareholder. Hence Insas cannot do SBB nor Dato Sri Thong and PIC allowed to buy from open market without trigger the 33% threshold for MGO.

For the past 4 AGM I had urged the BOD to give better dividend and to formulate a dividend policy with not much success. ( dividend increase from 1 sen, 2 sen, 2 sen then 2.5 sen)

I ask CEO when Insas going to employ their cash hoard to generate more incomes and his reply; tough operating enviornment moving forward, esp with Ukraine crisis. Looking for good Businesses to invest but M'sia political enviornment also no good. And ask me is Indonesia better?

4. hong leong industrial - one look at the last page of every annual report will tell you all you need to know. yes it is very very profitable, yes it has boatloads of cash. and yes the management is wonderful. However, since it is owned 75%+++ by hong leong group who are perfectly happy to treat the random shareholders not as partner shareholders in growth, but as a necessary evil to keep listing alive for show. They are happy to be enjoying 20% dividends every year to the bank, keep money in for eventualities and they know there is nothing you can do about it to ask them to give more to you. Why would they? the very definition of a value trap stock. I am majority, you are minority, you can either keep quiet and enjoy your 5% dividend, or you can sell. matters not to me. I wonder why they even bother to keep listing. WEIDA has already delisted, as well as many of the big industrial suppliers.
5.UOADEV - a very strong developer with a REITS arm that it can unload its properties to and manage the load. One of the few that previously gives out 10% dividend (or a reinvestment plan) which I liked. However, as they are very very conservative, and tend to build very simple safe buildings, their inability to diversify and add new skillsets (like adding leasing and managing of malls), or adding a trading industrials arm, or even diversifying into distressed lending with their cash profile, shows that they take little risk, but also little profit outlook

Now we invert the question, how come these companies market cap do not increase by leaps and bounds over the last 5 years?

By inverting we find out why these companies do not have good share price increase:

1. LCTITAN - taken private, relisted, lost favour with institutional investors in malaysia who have long memories of the management of Titan (still owned by the same koreans), not enough land to grow, and production is not as competitive or as efficient or spend enough R&D as the other chemical majors.

2.Oriental - management is 3 generations. mr honda boon siew died in 95, but he brought with him meteoric rise and partnership with honda. problem was the son has no interest to take over the business, and the sister managed until her death. now the 3rd generation oriental is run by the grandson kian chong and his cousins, who are already wealthy, young and not hungry to grow the business. I know this because my wife has invested in oriental for a very very long time. They even call my wife auntie respectfully. However, the drive is not there, and they are happy with status quo. you expect a 45 year old boy to grow the market?

3. Insas - a brokerage company that lends and IPOs companies to get a share in the business which they then flip as a business model. they got very very lucky during the penang semiconductor crash, when valuations were cheap and helped inari to get listed and grow. Run by a very dynamic individual who works his ass off, kean chong didn't have money but had a lot of experience working his first job in intel penang ( a lot of successful companies come from penang). Insas owners piggy back on this amazing individual to list and become a huge force in tech malaysia, as the rest all died during the crash. Insas however does not have talented individuals, or great asset managers or investors, as can be seen by their bad investments in roset, vigsys, omesti, dome cafe, melium clothing line, sengenics. All taken from selling shares in their bottled lightning inari and all the dividends and given to buy many bad prospects, including property developments that were poorly run and managed. However the main reason why a comnpany with 4 ringgit in shares and assets but only valued at 0.82 dollars simply is because of the poison pill defence from the owners of insas, where 33% is the maximum ownership, or you must offer full takeover. As no major institution is silly enough to touch the business being managed as it is, it remains as mr Kok has told everyone who would listen, "insas is the most undervalued company in bursa malaysia." The rebuttal to that is, why?

https://www.theedgemarkets.com/article/newsbreak-insas-controlling-shareholders-may-seek-waiver

then how come you are still living in setapak with your parents? when are you actually going to migrate? talk only not much use. about time you start doing instead of talking, spend less time talking kok on i3investor, and spend more time actually chasing your dream of migrating to australia instead of living in your parents basement. It may be hard, but you should start by trying to get a girlfriend. It may be easier finding one that is blind, at least she is a good listener, and willing to forgive faults more.

>>>>>>

leno

lowest price of any stock will be 0 sen
do not cheat family members and friends money to gamble in stock market
do not play margin
do not use your emergency money
be humble like leno
only then u can MIGRATE to Australia
or send your kids to Australia to study
u don't want to end up inside Sabah Jungle
KAKAKAKAKAKAKAKk ..... SEDAAAAAAAAAAAAAAPPP !!

1 day ago

This is what happens when we chase speculative stocks at all time high CPO prices thinking that it can continuously go up. I hope no one gets hurt from it

why is insas selling inari which go up to buy hohup which dropped by 61%? professional investor leno please tell us? why insas buy dgsb which is part of the fintech scammer group? what does omesti even do?

hohup throw so much money to try to make crown a success in kota kinabalu. no choice but to build, but selling at 1300 per square foot for a 1000 square foot condo? who wants to pay 1.3 million to live in a box? maybe that is why sales is below 30%. but no choice have to build, tower crane already in place, china contractor want to rush construction but no cash to pay.. good luck to insas indeed.

still dont know why insas not "valued" properly when it has billions of assets but currently selling for 500 million? embarrasing. only look at the one side of the mirror. the other side dont even see. maybe thats why he still lives with his mother, while father migrated to australia without him.

this has been "true" for the last 5 years. its not like suddenly insas has inari shares.

But the important part is this:

Do you UNDERSTAND why after 5 years still no fund manager or institution want to touch insas? Why is INSAS only worth 565 million? after 5 years still worth the same?

Lu tau boh?

so called professional investor dont know what value trap is? Or you cant even see the trap at all?

haha, and that is why you can only dream of moving out of your parents basement to australia, still waiting for INSAS value to improve? wait long long another 10 years maybe it will go up by 20%.

>>>>>>



leno Buy what u understand
U understand Insas holding more than 500 MILLIONs Inari share plus RM 1 BILLION CASH in hand with little debt.
Lu tau boh ?
SEDAAAAAAAAAAAAAAPPP !!
23/03/2022 10:34 AM

and this is not a site for you to spam, troll and simply post whatever. it is an INVESTING website, to share knowledge, if you still don't understand then pointless to talk further. what is the point of posting just to hear your own voice speak?

you recalled wrong. first, my topglove transactions is recorded in my portfolio clearly under transaction group. secondly there is something called margin financing which after financed need to pay back. if i hold on to margin after go up and dont sell, then that is just silly. I only use margin to average down, never up. when the price go back higher i sell and reduce my margin exposure. simple math.

>>>>>>>
Mikecyc

Haha if i recalled correctly , your posted Top 4 included TG invested amt is ard RM 100 million as i posted here earlier also .. your recent post is said yr investment value is increased from ard RM 29 million on 2019 to RM 57 million on 2021 ????

1 minute ago

mikecyc... i know you enjoy yourself. but after a certain point you need to realize that i3investor is not a place for trolling. its is a shared by everybody to gain knowledge and to find information. you drowning out everybody does no one any good.

https://youtu.be/WW4uHBrSkpo

i3investor doesn't belong to you only. open forum should be treated with respect.

Posted by leno > 7 minutes ago | Report Abuse


INSAS Warrant up how much? Pchem up how much? Insas up how much? So early talk nonsense, professional investor indeed.
>>>>>>>
INSAS up 2.5% !! SERBA up 0% !!
KAKAKAKAKAKAKAKAKA !!

https://klse.i3investor.com/servlets/pfs/137236.jsp

Hi sslee, based on your selection criteria, you selected with lagging information for TA, jaks, tunepro and Insas. The results are not very competitive. And overall, buying something based on past data rarely shows future results

>>>>>>>


Sslee

Posted by Sslee > Mar 16, 2022 1:23 PM | Report Abuse X

https://klse.i3investor.com/web/blog/detail/fundamental_trading/2022-0...

I suggest sifu to use above

If your method work, how come you still working and living in your parents basement?

>>>>>>>
leno

Remember the Golden Rule :
Buy Low Price - Sell High Price
Don't follow the other OLD MAN
buy Serba high, then keep buying all the way down to tiga puluh sen.
HAHAHAHAHAHAH !!
INSAS CANTEEEEEEEEEEEEEEEKKK !!

2 hours ago

so it is true then, 39 year old manchild living in the cave of your parents, asking for food to be brought to your room every night, and dont wash dishes, while expecting everything on a plate for you, and being a keyboard warrior telling everyone you own a ton of insas shares, while everyone else is laughing and scratching their heads why a kid buying insas is telling everyone he is a professional investor. haha even professional investors avoid insas. thank god even epf avoid insas. but sad to say even epf bought serba, so in the end, everyone loses including you lino! everyone got taken for a ride, the difference is can you get up from it? I can walk away from serba without breaking a sweat. how much losses from insas warrants? and can you walk away? wake up and smell the roses. My dividend from pchem and harta already almost covers my losses from serba, why worry so much on small tiny bets? rather, thank god i didn't bet any money on insas and warrants, otherwise lose everything

>>>>>>>

leno

just make video call to your family member
and ask for FORGIVESS

yes it is very confusing especially for those not using pc to read. the layout is very bad for mobile users. and it is half heartedly done, my portfolio and blog page still using old format, while the main page is using the new format. I don't think a proper discussion on the presentation of information to users is done properly. old format far more intuitive and user friendly than the new one.

he hasn't migrated, he is actually still a 40 year old boy still living with the parents and trying to become keyboard warrior without any basis of performance, and promoting dead stock.

FYI I dare to post my entire disastrous fraud scenario in serba.

https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2

it is here and documented when I cut loss. Where and when di I buy all the way down to 30 cent?

your actions and the way you talk says otherwise. Why delete your own posts if that were so? no point talking to compulsive liars. cannot win in any scenario, and no point discussing further.

and why are you harping on serba 5% tiny, measly risk/reward scenario fully undertaken, and forget my 50% massive position in pchem, earnings in kpower and scib 4x?

compulsive liars cannot admit their portfolio losses and try to hide and convince themselves otherwise. and woe if anyone poke further, they will run to father mother and blame everyone but themselves for their losses.

No harm in losing money, as long as your entire portfolio is up massively ?( I am still up from 27m in 2019 to 57m in 2022... documented with every transaction on every stock purchase and sale.) How about you? I can only document that you have a huge amount speculate in insas warrants that is dropping in value by more than 60% from the day you bought them. but yes... no lose money sincerely, I know who lee soon sheng is. I dont know you leno except you talk to much and show off too much kid, with no performance to back your showing off. HAHA, embarrassment to your parents, more humility and more ability please, less talk kok and show off would be much better for your life.

Please just move out from your parents house and learn what life is really all about.
>>>>>>>
Posted by leno > 1 minute ago | Report Abuse

I no loss, truly, sincerely ... u no believe can ask sslee mar.

leno... how much losses did you take from your insas warrants? until talk so much on i3, and full of hate and delete message to hide your losses? after promoting so much, very sad indeed. god bless your soul

did I touch a nerve there basement boy? a male acting as a catfish female living with their parents thinking he is a wonderful investor. wasting time talking to a child who cannot act and talk rationally. losing money on margin must have unsettled your brain. I still remember you going on to plantation stocks to tell everyone to sell and buy insas, going to steel stocks to tell everyone to sell and buy insas etc... you so fast forget? you should move out of your parents house, find your own place to live and start thinking about your future little cat. worse is your performance versus your claims is so far apart it is not even rational. I have made money in plantation stocks, glove stocks, and o&g with a tracked buy and sell amounts with timestamp. yes I admit i lost money with serba, but since it is only 5 million in total which i made back from my other big returns in scib and kpower and their warrants and topglove, I would think the overall result is still so much better than your investment in insas warrants. Haha! insas warrants all in, how dangerous and insane is that investment philosophy. and trying to talk kok here and talk kok there... embarrasing. so called doctor la , australia la, living the good life la. now we know how you respond when your stocks are not doing so well... and you have to move back to your parents house and borrow money to pay creditors.

Did you ask forgiveness from people in these i3investor group for introducing Insas and hijack other stock thread to promote Insas to buy? You have done far more damage from the basement of your mother's house than I ever will with your "professional investing" advice.

>>>>>>>

leno

paying back money is one thing
but u must also ask for their forgiveness for cheating their hard earn money

Whatever you think may have happened, I have paid all my debts back with interest. I have made all my family members and friends millionaires, which is more than I am sure a child like you can claim. Do you still live off your parents or go to them borrowing money now and then to find your Australia dreams? Have you paid all your dues to your parents? Or you still one of those who talk a lot but in the end is just another parasite to your family, endlessly telling everyone how successful you are but really is tin kosong. How good other countries are compared to malaysia, but in the end still living off the tit of malaysia whole complaining all the time.

How you do anything is how you do EVERYTHING.
>>>>>>
leno

at least i don't cheat my family members money and go hide in Sabah mar ... until now still don't dare to come back to semenanjung malaya ...
Haiya ... what a shame ... got no shame.
HAHAHAHAHAHAH !!

8 hours ago

If you don't know anything about investing, don't go around other groups telling them to sell to buy Insas. You are doing far more harm than good, especially with understanding like that. When you start learning how to get 25% CAGR growth over the last 13 years... Then come back and talk ok kiddo?

>>>>>>>>
leno

what investment value ?
u are a noob.
Growth stock is about growth in Earning.

I have a trackable portfolio. You should comment on my position in serba after understanding the entire portfolio. My largest position is still in pchem,v which is doing far far far better than Insas and serba. Whatever losses I have made is far covered by the gain I made into place kpowr, scib and pchem. How about you and your Insas warrants?

Pui, professional investor indeed.
>>>>>>
eno

Serba dinamik is the old man favourite growth stock .. bought all the way down to 30 sen .... no wonder still hiding inside Sabah jungle.
HAHAHAHAHAHAHAHAH !!

2 hours ago

They failed at development. They failed at fashion. They failed at f&b. They failed at digital finance. They are among the smallest of the brokerage, and they have been unable to grow their business in any way, shape or form. Like sslee says, the only value of Insas is in selling the pieces and giving back to investors. Too bad this will and can never happen. So what value is in investing in Insas? What growth?

Did someone dropped you as a child? This is embarrassing, under what sort of criteria is Insas a growth stock? Do you even know what a growth stock is?

Pchem ql yinson etc are growth stocks. Why are they called growth stocks? It is because quarter after quarter, year after year the revenue is higher than before. If you don't even understand that definition, how do you become a investor?

>>>>>>
this is growth stock .. we buy for its growing earning, not dividend.
If u want dividend, then go buy other stock.
I never promote Insas as dividend stock.
Nobody stop u buying other stock.
I love Growth stock ...

When you know a company is not honest enough to be transparent to shareholders. When you see timber lorries leaving the warehouse at midnight, when profits are never declared properly... You know that even if Jaya tiasa makes money, you will not benefit from it. Everyone in Sarawak knows this, I'm surprised kyy didn't know the history of the tiong family in sibu.

There is a reason why Jaya tiasa is so "under valued".

Gloves are up, plantation stocks are down.. How now brown cow?


>>>>>>>

03/2022 2:59 AM

Sslee Sorry Harta (17 billion) vs kossan (4 billion) bet is off. I already sold kossan for a small profit to buy plantation stocks.
12/03/2022 6:11 PM

You buy plantation stocks at all time high prices? While I buy glove stocks at low prices. We shall see how it all turns out in the long run.

Good sharing John. For me my biggest exposure to palm oil is via fertilizer costs which everyone need to buy from pchem due to rising costs and delivery delays from foreign suppliers. Some may prefer to buy plantations and dig for palm oil gold, I prefer to be steady and sell you shovels to plant palm oil.

Pchem is my safe and steadily growing stock. My largest concentration and in my opinion the safest stock moving forward with very good growth prospects.

I believe that indonesia is going to have high supply, and they will export their produce out sooner rather than later, just as they have done for the last decades before jokowi.

>>>>>>>

Johnzhang Prior to 2019, we have very high production growth from indonesia to fill any supply shortfall , but the world have no more such luxury! Indonesia is going to secure their own food and energy security. Indonesia continue to pursue B30, B40 biofuel mandate .
09/03/2022 10:13 AM

You will never know how many of my palm oil plantations friends (including myself) doubted how reliable to growth in CPO pricing could be. Most would rather invest in other industries which they don't intend very well, like me and my mistakes with serba instead of investing in a business which they do know well.

At least I did put a bit of money into innoprise and sop for a good trading gain. As usual my maximum exposure is 30% gains for trading. But even I am amazed at the frenzy of buying now

But being in the industry I do know that the pricing is very much due to artificial slow production due to covid and government regulations, and the price is just a temporary imbalance which will soon correct itself.

Don't worry so much about it. I have earned my trading profit which I think it's safe, move on to the longer horizon items.


>>>>>>>>

I had to admit my buy and hold on Insas cost me dearly. Should have sold and all in plantation stocks.
09/03/2022 6:44 AM

Seems like you don't understand what dividends are. Maybe you should try it one day.

Or better yet try to keep a long term portfolio and really look at your results when you try to "time" the market.

>>>>>>>

/2022 6:44 PM

investmalaysia618 seems like you dont understand between a drop in share price vs taking profit
08/03/2022 10:25 PM

If you can't handle a small dip in your earnings over the short term, you really shouldn't be buying stocks

What do you mean red colour? My pchem is up so much this year from 8 to 10.... And I still enjoy 46 cents dividends. And more to come as increase production capacity.

When you look at businesses to invest in during covid, you try your best to find business that need minimum manpower, and are commodity based industries as that will show the most price power during this period. Steel, aluminium, oil etc those are the building blocks for the downstream industries. Why pchem is so stable because the production is automated a lot

Better than the so called doctor, rich and fun of Malaysia say live in Australia what la in the end still stuck in rat race without any hope
>>>>>>

leno

so, when tide rise, so many clever people say must use MARGIN to win big, include that old man who run and hide in sabah ... HAHAHAHAHAHAH.

59 minutes ago

I still have my farm, and the reasoning is simple. I have no control over the asking price of CPO or any understanding over demand. However the production cycle of innoprise and sop is capped. As I have enjoyed my dividends and 30% capital gain from those companies as a trading gain I know that production of plantations is still constrained and will not increase further. The growth expansion or diversification plan of those companies is also nonexistent unlike sslee excellent company in Indonesia which has multiple revenue points and huge tract of cheap land ( except his big big boss is not showing palm oil to be exported out of Indonesia, which is causing our oil prices to stabilise and increase - Jokowi can change his mind anytime)

https://asia.nikkei.com/Business/Markets/Commodities/Indonesia-imposes-mandatory-domestic-sales-for-palm-oil

This was the main reason why we are having such good prices today, we just thank Indonesia to a huge extent.

So my foray into palm oil stocks is always speculative ( and thus volume very very small) thanks to good advice from Calvin tan on what to buy. So you see I can learn from mistakes( and learn from Calvin tan as well).

Speculative trades for itchy fingers versus safe bets long term like pchem, ql, yinson and Harta. As usual the rules are the same, buy it when it is really really cheap when no one wants to buy, sell it when everyone is crazy over it. That is how you make money to actually live in New Zealand. Unlike Leno talk so much but still trying to migrate out of Malaysia.

>>>>>>>>
Posted by sniper123 > 19 hours ago | Report Abuse

hi philip, My apology for digressing but I notis that you have dispose off all your all your plantation stks when the CPO continues its meteoric rise. What is your rationale for selling?? I'm trying to understand your thought process. Tq