You are welcome to join my telegram discussion group to meet said uncle and apologize to him in advance. And anyone who knows me knows it's silly to follow.. tips. I used to do that back in the 90s and lost my pants. These days I prefer to research and monitor a stock for 1-2 years before I make a decision.

The fishing uncle did propose, but he sold the stock at 2.5 - 3. While, I am still holding on. We just happened to buy the same stock, except I have far larger position.

You keep apologizing in advance. Stop doing that. If you know it's going to be a troll remark, then just don't do it.

Hi sslee,

Let's try to answer your questions one by one.

1. Instead of asking karims share, instead we look to the purpose. In middle East just like in Malaysia, Indonesia and Brunei foreign companies cannot get jobs directly without a local partner share. As it is impossible to give 60% share of serbadk to a middle East partner to get the job, it is a necessary method to get projects going. Karims portion is just a necessary requirement to ensure that the project goes in and signed off by serbadk director. It would the exact same way if Facebook were to try to open business in Brunei.

2. The requirement is similar to design and build projects. In this case it is more similar to a development project. I put a budget out, pre-bid designs come out based on lump sum of what facilities I need, how many room etc, the costing is based on price per sqft and QS estimates. I must admit, this is very different to what I am used to, but I was told in middle East things are done differently. Execution risk abounds, but as the architecture design is also done by serbadk based on the price given, I think the reward is worth the risk.

3. It depends on your point of view. I have both. If you need cash, then dividends are important to you. For me, I care more about the structure of the business and it's prospects, because if it works I will benefit either way. If it doesn't, it doesn't really matter how much dividend you get if the share price goes to zero.

4. You can check serbadk on the products it now carries under its umbrella and distributor of. As for patent, I do not believe they have it, but it is not their core requirement, they just need to know how to operate and maintain. More importantly, as part of their exercise they also bought ownership a small part of the plant, making them owners of the earnings generated in the future. This is their asset sharing model, which is designed so they have a connection to the owners and allows them to get more o&m contract in the future.

Like I said, note the date and the the other IR engineer Saleh who is founder of liwa investments. Ask those big Abu Dhabi jobs come from him. This is what Karim said during analyst meeting:




The whole answer came like this:

It will be progress payment (never specify from who), which will be certified and accepted by the contract awarder. Who is the owner of Block 7 now? At the moment, the owner is one of the royal family in UAE. He is one of the mastermind behind the establishment of ADNOC and he is also a very active entrepreneur. We are also having a strong conversation with a few international financiers. HSBC has a very strong presence in UAE, Standard Chartered too and some local banks. Of course, the culture of UAE is in the sense that any project will be much stronger if the government of Abu Dhabi can come in and become a stakeholder in the project. Fortunately, we have got good news that the indication of such a situation to happen is highly possible. With that, we say it gives us a stronger assurance. To be honest, we feel the same as the analyst in the sense that the financing part stresses us a lot but this development gave us a more peaceful mind.

The next thing analysts always ask us is if Serbadk will share asset ownership in this project. The offer has been given to Serbadk to take up stake in the Abu Dhabi project. To the best of what we believe at the moment, there is a possibility but we want to emphasize that it falls under asset ownership model and it has never been the business intention of Serba to own a very high percentage of asset. We will just own a minimal percentage necessary to assist Serbadk in expanding its connection and relationship with prospects and future job that will come from that kind of arrangement. If the government of Abu Dhabi comes in, it will change the entire landscape of the project. This development is quite positive we received overnight based on documentary evidence we received yesterday.




Serba management is very confident that the government of Abu Dhabi will come in with a position in the project as it is very unique and adds long term value to the country itself which adds many previously had to be imported.

Take it as your will. Instead of investing based on past results, investing based on future returns will instead yield better results over time.

https://klse.i3investor.com/m/blog/philip2/2020-09-02-story-h1513287530-Why_I_invested_in_Serba_Dinamik_Kpowers_and_SCIB.jsp

My thoughts on serba dinamik.

bought skpress 350K shares at 1.55

I'm not sure about the arrogance part, but I am ticked off by your comments trying to tell people what to do and telling them they missed the boat when you yourself didn't say a subtle comment about topglove that you supposedly owned at 3++, in what way did I show off? The only reason why I am posting my portfolio is so that my comments and purchases line up with my results in my portfolio. I have never showed off, you don't even need to see my results just the % performance.

At least when I buy topglove I post it, and when I top up I post it, and when I sell it I also post it.

All you have are the comments of a rude young kid.

Just joking ok?

>>>>>>>>>

blood7 wait until your neck long lah..... right time? when interest rate is 4%.... "then how they make money now?" they relying on investment income so their IB buying gloves & tech.... why not instead just buy gloves and tech too? ohh it's too late.... because too busy with Insas, TAE, Jaks, GKent and following philip's picks until you missed the boat hahahaha.....

just joking ok, midnights drive me crazy like a werewolf :)......

If you are working in tech sector, you will know the difference between holding on to Google, Amazon, tsmc for 1 year, 5 years and 10 years.

If you are working in tech sector I would recommend you try looking at things within your area of competence, when you say tech, is very broad.

If manufacturing tech, you can monitor frontken, Dyson proxies line Vs and skpres.
If fintech, you can monitor stoneco, ant financial and square. I own some stoneco.
If gambling tech, I think you can bet between iris and myeg? But you have a50/50 chance of being right.

>>>>>>>>>

Mashoh95 Hi,I started learning the stock market 1 months ago. Very new.
Now I mostly trading cause of market volatility do earn me some quick money.
As for holding period. Is 1 year good enough? Sorry, I'm not really sure how `long` suppose to be for long term investment.
I worked at tech sector now and yes, I'm 25, not that young actually.
Thanks :)
28/08/2020 11:04 PM

I'm currently not investing in teo sent right now.

How long is your holding period? What industry do you work in? You seem young as a 25 year old, how long have you been investing?

Bought 550,000 shares of pchem at 5.48 on margin today.

Oh I thought you had good stocks holdings, but you do realize sales is a millionaire share holder right? With your trading you should be more respectful of sslee as he has a far bigger portfolio than you. It might be good to be respectful of your senior, at least until you feel brave enough to post your own portfolio and your own great returns instead of commenting on others.

Blood7 you seen to be very good at commenting, mind to share your portfolio so we can see what stock picks you have done and your results so far?

Your answer is the same as mine. Rock solid company, MCO no MCO still profitable and stable, just like nestle, QL has built a very very strong foundation moving forward.

I couldn't have said it better myself.

Sleep well at night? Definitely.

>>>>>>>>>

enigmatic [control your emotions, discipline your mind] Waiting for Philip's commentary on QL. I think QL has done very well despite the MCO.
26/08/2020 7:01 PM

If want to lose, just choose bung. The number of videos of his trumplike attitude and activity is incredible. Just replay his videos during election Day you will lose all the female voters.

It's within expectations. Or you didn't know covid exists? Sooner or later pchem will go back to its long term expected returns, which is more than I can say for many companies.

Haha the share price went up. Why? I enjoy another 5 cent dividend, and share price steadily going up. I have a steady tutup mata investment that I don't need to worry about, as it is being run well, and bought at good price with excellent future. Traders like you will never understand long term investors, except when your trade goes bad and you are forced to sit and wait for the trade to go up.

I don't know about you, but share price from 40+ to 70+ to 80+ is already a very good sign. In the end share price will follow earnings, and sometimes precedes it. No need to worry so much about share price. Just make sure the earnings are correct.

Why drop from 24 to 18 after big QR sifu purebull?

Did you even read my article? No one can know when the epidemic will end. But the simple fact remains, even if covid lasts for 5 years, and every year they earn their maximum profit and assuming no other competitors start building glove making capacity and asp goes up to the maximum value, there is still a limit to production. So look at a company like topglove for example, let's say they make 4 billion in earnings every year for 5 years, which is 10x historical, they are still looking to make 20 billion in earnings. After 5 years still covid continues? If you think rationally, a 67 billion ringgit market cap for a business that will be flooded with competitors and analyst saying it will go to 100 billion?, Do you really think investing at such a price would even be feasible, when you know the growth will slow down?

It's not about when but understanding how it will end that is the part about investing.

It doesn't matter if you are early or late, as long as you are right.



>>>>>>>>>>

Vc Looi You being acting too rational, in market any kind of bull market also never last too long be it properties, gold, oil, palm oil and etc and they don’t even last more than 1 years . If luckily you has early position in one of it, and you logical and rational mind will make you sold your position even before it’s fully run out..your assumptions on few quarters of good result doesn’t justify what if this pandemic drag for 1-2 years or even longer you never know right ?
15/08/2020 7:33 AM

Don't worry sslee, I have already made many multiples on my investment in topglove, while you are still stuck in your jaks and Insas after 3 years no results to show.

There is your portfolio, and there is my long term portfolio.

Why are you still commenting? Why don't you explain why your Insas with it's huge cash is still trying to cheat investors by doing cash raising rps with yearly dividend instead of giving dividend and cash back to investors? Why are they raising so much cash when they already have so much cash?

Maybe you can start finding out and answering your own questions before questioning others.

>>>>>>>>

Sslee Good morning Philip,
You look too far and too long and forget all the IB analyst need to do their report every quarter base on result from quarter to quarter. So what do you expect?

Just admit you sold your Topglove too early and move on and no need to write long long to lecture every IB in the town.

Everyone know nothing is permanent so enjoy while you can.
15/08/2020 7:46 AM

Sorry I don't need to run classes, as anyone who has been in using investor.com knows.

The intelligent stock sharing of the investors in my discussion group has already made me more than enough return on my investment value.

You seem to have just started your investment journey.

Good luck.

>>>>>>>>>>

vampires666 philips full of nonsense...
end of the day wanna promote your telegram and classes... puiiiii
15/08/2020 1:38 PM

What are you trying to say look? You are going round and round I don't really understand.

TP price actually means take profit price. The question is how do you define the take profit level in the guest place?

Target price is based on short term valuation? How does one even do valuation short term?

It's like solving a sudoku puzzle when you only have 3 numbers.

How did you buy gkent when you already sold it at 50 cents waiting for quarterly report?

>>>>>>>>


Sslee haha,
Sold Gkent. Step aside for next quarter result.
11/08/2020 9:36 AM

If this is confirmed, I will be selling every share of GKENT that I own


>>>>>>>>

K-Den I heard my fren told me something funny which I hope this is real, Gkent in progress to get approval for mask & glove, and not sure how true is it since no any new during AGM, i really hope this is real
09/08/2020 7:22 PM

I think I explained it clearly before why I do not consider Penta a good long term investment. Price is what you pay, value is what you get. In any case

1. Profits in increased from 57m to 83 million, but market cap increase from 1+ billion to 3+ billion, why? The simple answer is because Penta also listed in hkex at the end of 2018. What other people buy and how they speculate doesn't matter to me.
2. If Penta patents were so unique and strong, why did it lose lawsuit to elsoft research and withdrawn in 2017? And why only patent in Malaysia instead of in USA and Taiwan where it's biggest sales are sent to? Simple answer, their "patent" is nothing special and cannot be applied against other earlier major patents.
3. Last year out of 133+ million, they only pay 7 million in taxes. If you read the annual reports, 25 million in taxes is discarded due to the pioneer status they received in 2016. How long? 5 years. Meaning it ends in 2021, after which they can apply for another maximum length of 5 years. Do you think there government of Malaysia will give it to them looking at these conditions where they need money? Pioneer status doesn't last forever. Imagine how much bigger they need to grow to pay back the loss of net profit starting next year if their pioneer status is not extended.
4. As a pioneer status, they have 400 million from listing cash. What have they done with it? So far only sold 14+ machines worth around 100-800k USD each for the automated testing equipment business. What else? One key criteria of a tech company is fast growth. What are they doing with that pile of cash?

So share price went up more than 2 fold. So what? Glove price went up more than 6x in 3 months, I owned topglove and made good money from that. Again the key to successful investing is buying what you understand I don't understand Penta long term prospects. Simple as that. Maybe you can share some light on the 4 red flags I put above, I don't know.

Did you buy Penta few years ago? Why not frontken? Why not the ate competitor vitrox?

Always interesting to learn new industries.


>>>>>>>>>
few years back someone asked and you took a look at PENTA and decided it was not good enough to be invested in... the share price since went up more than 2 fold already.... in Malaysia context, it is as good an automation company can be, if not the best (they have a good patent :)...!)....

Better than Insas and jaks and xinquan management clarity correct?

Sometimes, investing in a good management is very very important.

Those who do what they say and those who say but don't do is very clear cut.

Order book of 4.5 billion is enough to for 400 million company to look at. Not to mention incoming revenue and returns of hospitals in 2020 of 200+ million.

But again, thanks sslee for the effort and due diligence.

That's the answer, for me I only consider a company tech, when the technology advantage it has pushes it far beyond many competitors to play catch up. Tsmc tech is being one of only a few companies in the world that has the capability to produce 5nm chips and probably the only company that will be able to produce 3 nanometer wafers which no one else on the planet is capable of doing.

Same thing with Facebook on social media, Microsoft/apple on operating systems platforms, Tesla on long range electric cars etc.

I find the problem with investors who are out of their core competence start to view automation as "tech" which is totally not the same thing.

The key difference is that tech is disruptive and changes the landscape of economics. Think grab in transport, Alibaba in purchasing. Automation is not disruptive and is just a cost reducer. Anyone can run automation and call it "tech", doesn't make it so.

A lot of "tech companies" on bursa are simply automation companies, relying on pricing power via mida tax incentives and grants, but eventually are not competitive in the world market. These are companies which I do not invest in and I don't like the future prospects.

So in any case, what companies on Bursa do you think have these criteria which you like so much? They have good patents?

>>>>>>>>
What they are selling is not the point, the point is the technology and the patents they possess that are valuable. It's not what they make that matters, it's how they make.

Don't worry, it's just how I will treat trolls like CharlesT.

In any case I think the opposite of you though. I think it's very very important to know exactly what they are selling, because only in knowing that do you know what the future prospects of the company is.

Take for example a "tech" company like notion VTech. I would assume they are in the technology space. If not caring what they sell as important, then their goal to suddenly shift gears and sell face mask would give you multiple red flags in a business that would suddenly jump into a business like face masks which in the short term may well be beneficial to the company, but in the long term will this investment be something that is good for them? I have no idea totally.

Why cannot sleep? I made 17m just on gloves, not yet count the o&g stocks that went up another 30+%.

How much did you make? You made some money? Good for you kid.

Before you show off, I also had a friend who made a million gambling in genting.

Guess what happened to him?

Define tech stocks? Suppliers of testing equipment also consider tech stocks? Or selling cncy machine also tech stocks? Selling automotive lights also consider tech stocks? If that is the case, almost everything that adds industry 4.0, add an app, or has anything related to semicon suddenly becomes... Tech stocks?

So Sam engineering becomes tech stocks?
If a bank employs fintech technologies ( all of them are), they also become tech stocks?
If a o&g company and virtual reality and 4.0 it also becomes tech stocks?

That's a huge industry then.

I thought you sold your glove stocks already? Why? Got cold feet? So how much did you make so far?



>>>>>>>>>

08/2020 4:21 PM

CharlesT Philip can sleep ah? Rm40m opportunity loss...
04/08/2020 4:51 PM

Please advise on tech stocks, any recommendations as it is out of my competence.

Time will tell if gloves is overpriced or your are right and topglove will soon overtake Maybank to become the most valuable company in bursa Malaysia.

>>>>>>>>

EngineeringProfit 2020 = GLOVE

2021 = GLOVE

2022 = GLOVE

etc
31/07/2020 6:56 PM

I have been holding topglove for the last 10 years. I sold all my balance topglove share at 10.30, when the prices jumped far beyond rational value and reinvested in destroyed o&g stocks a few months ago. I don't think the high prices for glove stocks is sustainable simply using the economics of long term profit and sales of gloves post covid. I may be wrong, but I think the possibility of o&g stocks going up post covid to be far higher than glove stocks going down post covid.

More importantly I don't know when this will happen, so I will just avoid trying to time the market.

Disclosure requirements can be found here. Personally I think it is a hassle, and I'm not in it to show off.


https://www.clearstream.com/clearstream-en/products-and-services/market-coverage/asia-pacific/malaysia/disclosure-requirements-malaysia-1280374

Below 5% ownership not necessary to register with the gkent board of registrar's. I asked my Maybank investment if they can keep from registration and they told me I do not need to do so if I still want to keep it under Maybank cds. You can check. Downside is I can't attend AGM, which coming from Sabah is unnecessary for me.

https://www.investopedia.com/terms/p/poisonpill.asp

>>>>>>>


80gram ALP owns less than 20% and U all about 80%....why is he in charge?
27/07/2020 3:55 PM

you do, otherwise you wouldn't be reading this article.

History of bursa has shown that without the lack of corporate raiders, companies which do the kind of self benefitting exercise rarely get punished by the market, as they did not use their own money to buy those shares but instead get it from ltip and esos at very low prices, sell at high prices and buy back at low prices to increase their shareholdings.

Major examples in bursa being, london biscuit, protasco, weida, TA, karambunai, LC titan, LHI etc etc. The simplest examples would be to ipo or launch companies at high prices and buy them back at low prices.

So what do you mean highly unlikely even? Are you a new investor? there are many occurences of this happening of selling high and privatised low and in between siphon money out in many interesting ways.

And you have to admit, the lack of money at JAKS has been quite disconcerting, especially for those who know what to look for (like recently SSLEE) and even DK66 himself when he announced in an article that there will not be any cash call raising due to JAKS having enough money to complete JHP using internally generated funds.

I beg to differ.

>>>>>>>


huahtai98 I hear a lot of debate here which is good. But i wonder if people are still OBLIVIOUS TO THE FACT THAT ANDY ANG IS A MAJOR SHARE HOLDER OF JAKS. There is a Chinese saying ...人不为己天诛地灭...which literally translates to .... people who do not care for themselves will be annihilated by Heaven and Earth.....haha.
So those who doubt Jaks are telling us that, in the highly unlikely event, Andy Ang is an exception.
27/07/2020 12:33 PM

Funnily enough, I held topglove in my portfolio since 2010 and in all that time I had never once seen any comment on buying topglove. Even in your WhatsApp group there was no mention on buying topglove.

I wonder why? How does one miss this 100 bagger and yet can write such beautiful books on investing in bursa stocks?

I'm surprised. No longer selling books on how to invest like Warren buffet, Mr Dan Lok? Maybe we are getting somewhere.

No one has a crystal ball, so the only way to measure is to look at CEO current and previous activities to know what he will do in the future. The red flags are all there to see, if you bought to look deeper.

1. High salaries.
2. Constant borrowing or rights issues.
3. No dividends or share buybacks.
4. External private own companies that are awarded jobs.
5. Long term performance of company.
6. Treatment of minority shareholders.
7. How CEO handle agm or provide information.
8. Employment churn of directors, upper management.
9. Company cash burn.
10. Company stability, and performance of foray into new businesses.

So yes, you have 2v major unknowns:
1. How much money to jhdp.
2. What ALP will do with the money.

>>>>>>>>>

DK If only I have the crystal ball to know what ALP will do with all the billions of dollars from JHDP........
26/07/2020 4:48 PM

Spoken like someone who doesn't know anything about investing.

Is the economic undertaking of buying a fixed deposit a speculative venture? Of course not, because it is backed by dividends and a consistent income.

Speculation is when you buy something without any form of historical return, in this case share price has kept going down year after year, rights issues and borrowings keep happening year after year, and no dividends or cash in sight, however you are still expecting some gain due to the SPECULATIVE nature of the business whether turnaround or favourable future events.

Investing is when you buy something that has good backing, where historical capital gains of shares, consistent dividends or buybacks, consistent cash flow of business income.

I don't know about you, but you when buy a house you either buy it for a roof to live under, or the expectation for rental in future.

If you buy just to flip and sell for "future worth" yes you are speculating, and yes it is an idiots game if you don't even know where the house is, what it is doing, and if it will ever be finished.


>>>>>>>>>

Posted by BeastOfTheEast > Jul 26, 2020 6:47 PM | Report Abuse

there is no such thing as a business or economic undertaking with zero speculation

you buy a house or apartment also you need to speculate on its potential future worth

I think many still don't understand, here is a a more clearer example of company CEO direction.

Imagine if you will that cpecc completes construction and jhdp power plant runs as expected. Power generation is paid by Vietnamese government and cash flow generated into dividends payment from jhdp to Jaks.

Based on Jaks history of management, another likely scenario is this.

Jaks will use Vietnam funds for Vietnam expansion into solar and construction and new projects in power and property development. These will be run on a JV basis with China/Vietnamese parties and cash flow generated in Vietnam will be used for those projects.

Let's call it Sun Pacific development and LQT solar for now.

Now Jaks resources will use the fund generation from Vietnam power plant to do these acquisitions.

But.... Please don't ask the pertinent questions like what is the acquisition price or how much the return on equity will be. All you need to know is how much more dilution and rights issue you will still need to pay out to "get" a share of these earnings.

Which is more likely? That Vietnam earnings will be sent down to Malaysia and given out as dividends to minority Malaysian shareholders? Or kept in Vietnam and paid to Vietnamese /China companies which have an indirect link to ALP that local companies cannot verify?

Think about it clearly. How does ALP get funds to buy massive portion of rights issue for himself
If he did not of a way for himself.

Does it benefit minority shareholders when before he said internal generated funds can pay for projects? Instead going hand on heart to borrow money from shareholders to run his projects without rewarding them instead? Why are banks reluctant to borrow money and buy their bonds?

Hard questions for those who only look at profits and not how those profits come about and how it will be used.

>>>>>>>>>>

DK A shareholder agreement was signed between Jaks and CPECC on 6 July 2015.
26/07/2020 9:01 AM

Fool me once, shame on me. Fool me twice shame on you.

I don't see why cpecc would not be paying any dividend post expenses. But you have two issues
1: how much is the dividend to Jaks?
2: what is Jaks going to use that dividend for?

If you want to understand my worries, look back into history and study Chen lip keong, the founder of nagaworld and how he got the money to invest in Cambodia. More importantly, what happened to the shareholders of petaling tin, did they get a single thing from nagaworld Cambodia?

So what do you think you will get from jhdp?


>>>>>>>>

firehawk Philip ( buy what you understand) , Do u find this 2 sentences logic? frankly, I myself can;t understand, since u rise it, just ask ur opinion.

>>>>>>

Jaks will eventually have 2 out of 5 board seats in both JHDP and JPP.

Therefore, there is no risk of CPECC refusing to pay dividend.
24/07/2020 4:40 PM

What is the risk of JAKS not paying a dividend at all but continue to expand with multiple projects in vietnam instead?

>>>>>>

Jaks will eventually have 2 out of 5 board seats in both JHDP and JPP.

Therefore, there is no risk of CPECC refusing to pay dividend.
23/07/2020 11:49 PM

As for this statement I don't think it is accurate. I don't buy stocks based on share price or their movements. I buy based on how much money cash flow they can generate over a long term ( I usually try to look forward to 10 year cash flow) and earnings. However when the business structure itself changes, I will get out immediately.

I started out as a trader, and investing can get very boring so a little trade here and there does keep things interesting. I did PPHB@0.49 last year and star@0.25 this year short term trades, but I realized anything more than 1 short term trade a year I start losing money. That is how difficult I think short term investing ( below 1 year) can be...

>>>>>>>>>

ok lah so i see bro, it's like midlife crisis getting a ferrari, i hope you come back to your roots, man.... this forum can be real poisonous.....

Blood7, I am interested in your thoughts though, as the question is very interesting: sell my investments in Serba and buy WHAT?

Can you share also what stocks you are currently holding and what you would advice me buying over a long term?

Currently at my prices serbadk is giving me 4% per year to wait and see, as well as good roe returns above 15% per year, net gearing ratio of 0.6 and 1.2 billion in cash.

Any ideas of a better long term investment? I would be more than happy to listen to something that you bought that you think is good.