Warrants cannot get dividends. Karim unload warrants to buy shares is a smart idea during this period. Shares is paying 1.2 cent dividend. At
My lowest price I bought rm1.12 in march. Today the dividends will be earning me 1.2 cents or 1% dividend. So if every quarter get dividend, holding warrants long term may not be the best option, especially if they don't use the dividend money to do share buyback instead to maintain liquidity.

>>>>>>>>>

Posted by greedy44444 > May 31, 2020 2:20 AM | Report Abuse

Why Karim unloaded so much warrants ? Does it means that the mother share won’t go up beyond 2.62 in another 4+ years time ??

Yes confirmation bias is the worse problem of new investors. They think they have to defend their stocks instead of letting results do their talking. A very simple question, why would you sell 20% of your holdings as a core director with 20+ years of experience, what are you going to do with 60+ million bonanza?

Honestly, does anyone think the share price of glove stocks post covid will be higher than during covid19? If the answer is yes, then is it possible for you to time the market and know exactly when investors will start selling glove stocks.


>>>>>>>>

erseushermes Aren’t you curious why Dato Lau sells when everyone says price will go up? And shouldn’t he know the business better ? Very curious
30/05/2020 8:00 PM

What kind of explanation of that?

I have been to hutang melintang before, and Leong hup layer farming in Bukit gambit Johor. Y both have the exact system going on which is learned from Tyson industries. Their chicken beds and egg layers were also from the same source.

Have you visited their farms before? That is why I'm confused, what is Leong hup doing that is different from QL? I'm not looking to argue here. I'm actually very interested to know, because I have a lot of money invested in QL, so if you can provide some information I would happily treat you bak kut teh. If you can join my telegram discussion to talk further I am even more in your debt.

But I need dinner information, which farm did you visit for lhi, and what is the difference between lhi and ql layer farming method? If you repeat rubbish, dirt etc I don't understand.

What is different from lhi Johor operations that are being done that is different from hutang melintang operations by QL?

>>>>>>>>

upersaiyan3 Philip, you know, rubbish, like dirt. Dirt you know?

Still don't understand? Go buy some chicks from QL, buy their feed, and raise your own chicken. Then maybe you have a chance to understand.

I said LHI is " professional chicken breeder by international standard. ".

That means LHI is two level higher than QL in poultry at least.

Its like PhD and high school graduate both can get a job, but level of knowledge is different. Layer is easy to do (QL). Layer breeder is more difficult. LHI got grand parent stock which is the parents of layer breeder.

You have no interest to learn anyway.
30/05/2020 11:57 PM

FYI, the reason why the PE is high is because they will be deploying 2 new FPSO soon with daily charter service rates not fixed by oil price per barrel. Long term earning contracts and profits.

Ok Shernlee, you too.

I've been holding YINSON since 2013, so I think I will still follow this stock up up up.

Young kids like you buy gloves based on price, I sold topgloves based on the convertible bond which was valued at 6.3, when they raised the 200m bond. At rm8, the bond was in the money and confirmed full conversion and 10% dilution of topglove stocks. Doing selling at rm10.30 was already very overvalued intrinsically based on long term prospects.

But young investors think covid19 going to last forever and glove sales asp going to go up up for the next 5 years.

So funny.

Your sapnrg from 0.315 drop to 0.09. your potential is good meh? Don't forget our bet end of the year Bak kut teh lunch. If you keep talking, I will invite all the orphans from seri mengasih to come join me on a bus driver.

INSAS 0.69(0.62)
Ql. 6.9( 10.12)

>>>>>>>>>

stockraider This sohai Philip still talk bad of insas investment in sengenic, does Philip knows insas already more than 1000% in terms of potential ahead gain on sengenic now leh ??

Revenue growth but continuous 6 years of growing losses. What's the point of doing a business if it's not making money?

Hot air trolls like you are always around, but never dare to show portfolio because full of red red results. Who needs to make 50x in 2-3 weeks. I just need to make 15-20% consistently every year CAGR average, over ten years I can compound my profits, unlike those who lazy n cats who gamble in stock market, one day jackpot, the rest of the year lose money.

>>>>>>>
lazycat so easily get agitated lol, now im sure you are fisting ur heart really hard when u see topglove keep going up , and u missing out 50%++ profits in 2-3 weeks time
30/05/2020 6:55 PM

Ok lazy cat, whatever you say. This is a investment forum, what are you contributing except hot air

Dec quarter
For QL chicken and egg business And family Mart business is 749 million, profit is 40 million, 5.3%
For LHI business is 1.5 billion, profit is 50 million, 3.2%.

How is LHI business better than QL rubbish business?

Dear Saiyan, please help me understand so I can bring this to AGM and enquire.

Hi supersaiyan,

Your comment here is very interesting, can you expand on the rubbish part? What is lhi doing more efficiently then QL here and what is the difference in earnings? How is the poultry not doing well?

QL layer farming is not international standard? That is news to me, because I thought they both used monsato technology?

>>>>>>

Regarding poultry, QL eggs has volume. All QL knows is feed the chicken and collect eggs, follow management procedures, sell eggs and collect money. Just like old ah Pak rear 50 chickens, only QL has the scale and (much) more money. (QL feed is rubbish by the way) QL also trades raw material, that trading arm is the key to keep QL poultry alive really.

Technically LHI knows much more than that. LHI is not only integrated, it is also a professional chicken breeder by international standard.

Try harder troll. You never bought glove stocks, but fussing so much. Now angry uncle buy QL stock, make 45% in 1.5 years with huge commitment of capital.

I'm sure you are like all those other "investors" around who buy 30-40 stocks with rm5K each, then when some jump up double you laugh out loud YEAH!! But the results of your total portfolio every year no eye see.

Which is better, someone who only got 6 stock pick over 10 years, or someone who buy 40 stocks over 5 years and still cannot make money?

You know I know la yeah kid?

Ok troll. Bye. Better to buy and sell gloves early to make 60% in 1.5 years than to not buy at all but comment so much on others portfolio. If you didn't buy any glove stocks you feel jealous for those who did?

>>>>>>>

Posted by lazycat > May 30, 2020 1:46 PM | Report Abuse

suddenly getting so agitated hahaha

Yes Calvin tan, I checked may shareholders for NETX, only need 80k to become top 30 shareholders. I don't see Calvin tan eng yee?

Can you swear to your Lord and savior Jesus Christ that you really are top30 shareholder in NETX?

Too many liars on i3investor who say fake stuff and talk lousy things, but in the end after average out 5 years their results are bad.

Wow, ok. Can you show me your portfolio and what you have been buying the past few years? I think I should be learning from you how to time the market. Instead of buying new stocks every week and make 3x profit every time, I just buy the same stocks I know well year after year.

I know the intrinsic value of my stocks. Do you?

But I'm sure you can time the market. How much are you charging for your classes?

I don't have to win big, I just have to be right. So far this past 10 years I didn't lose money in my stocks.

How about you?

>>>>>>

Posted by lazycat > May 30, 2020 12:56 PM | Report Abuse

https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group1

i calculated, ur avrg selling price is RM8.72 for topglove , now it is RM13.30 , u can gain much more simply by holding 2-3 weeks longer, instead u use the money to add more pchem, gkent and yinson , which dint move as fast as tg

u must be be fisting ur heart?

Imagine a hotel resort owner on the island selling his resort to a bunch of rich tourists who just came in on a huge holiday cruise ship. The tourist offer to pay him the price of each room at high rates. The hotel resort owner is happy to sell the resort to the tourists.

Of course, he didn't tell them the cruise ship only comes ones every 7 years.


https://klse.i3investor.com/blogs/HIBISCS/2020-05-29-story-h1507894275-Are_you_buying_COMFORT_from_DATO_LAU_ENG_GUANG.jsp

Price is what you pay, value is what you get.

I sold topglove at 10.30, today topglove is RM13, sell to you guys I happy lo. Sold it for 17m, my buying price including reinvested dividends slightly around 1m+ after 10 years holding, I make 17x.

I'm happy for you guys of course.

But don't forget, the cruise ship only comes once every 7 years. Unless you think supermax is correct, and 50% of the world population is going to be wearing gloves versus using sanitizer?

If the death rate is 98% and recovery 2% i will definitely not sell under any circumstance. If the death rate is 2% and recover 98%, I sell to you more than happy when you offer me crazy price.

>>>>>>>>>

Posted by lazycat > May 30, 2020 12:25 PM | Report Abuse

phlip how u feel after selling topglove? u hold so many years already.. and after u sell, it price keep up x3

The shareholder funds of 4.5m USD is it enough to capitalize the company? or require more dividends from inari to prop it up as it finds a way to profitability?

http://www.insas.net/pdf/img-20181226.pdf

found it, sengenics "explosive growth" is1.6m usd in 2018 to 37m usd in 2019, with 44 staff and zero profit for the last 6 years. The losses were 1.7m usd in 2018 to losses in 2019 of USD

Can you put numbers into this explosive growth? How much was the revenue and profits?

this is a technology that started in th e 90's, and sengenics bought over 6 years ago. But what is financial status of the company?

How much is this explosive growth been in terms of YoY revenue and profit growth?

>>>>>>>>

https://www.proactiveinvestors.co.uk/companies/news/912778/sengenics-seeing--explosive-growth--in-partnerships-with-910-top-pharma-companies-912778.html

What are you doing buying a PE60 stock? Crazy ka? Don't buy these kind of useless stock, go buy gloves better. Tpglove price going to go to TP RM48. Kabooom liao


>>>>>>>>>>

Posted by Rwkl > May 30, 2020 11:57 AM | Report Abuse

Is this the only stock whereby price is significantly higher than pre pandemic period barring gloves, healthcare?

today sapnrg drop from 0.315 to 0.095. zero dividend.

PCHEM drop from 9.19 to 6.30.

Dividends in the meantime? 79 cents
Mar 12, 2020 0.18
Aug 27, 2019 0.29
Mar 08, 2019 0.32

So my losses is only a 22% drop, and still enjoying dividends for a profitable company. How about SAPNRG? a grand 69% drop. How?

What is the best story? I bought a huge amount at 4.09 and see it climb up up and away.

SAPNRG keep declaring losses and did'nt even climb.

for the thoughts, I have shared in the telegram group so you can take a look there as well.

Hi RWKL, yes they bought a fully running and generating solar farm with good contracts that are paying well. The FPSO was a son decision I think, but father fully behind it to sell all the bus for a bigger floating bus.

Greedy stockraider lose again?

Philip mental model no. 56.

Pikachu!


>>>>>>>>>>>

David i finally understood the pikachu analogy after asking my son. quite a useful investing analogy! haha
29/05/2020 1:13 PM

Yes, but the key point here is without doing proper scuttlebutt, the value investor in you will just scream BUY! And while you are holding that, you miss out on the topgloves, QLs of the market. Knowing why you lost money is one thing, knowing why you aren't going anywhere is also just as important.

Yes, so be careful about blond investing, doesn't matter liquid assets or ppe or cash in bank. Everything can be fooled if you don't actually know the business. Like hohup now doing the crown in KK Sabah here. The results is going to be worse than evolve concept mall with imago asianpac on one side and centre point next door and suriawang at the seaside. If look at financials you would think it is wonderful.

But if you scuttlebutt and visit Sabah and talk to locals, they will ask you....

You think this is Bukit Bintang meh?

Dear Sslee,

Is buying Xinquan for their 1 billion cash a good margin of safety? If that is your analysis then my mistake was even worse, securities commission, government and Dr mahathir personally guarantee to buy back my put option. Blind value investing at it's best.

>>>>>>>>>>

A few months later in January 1998, the Securities Commission, which reported to Anwar, forced Halim to agree to personally buy back the 32.6% block of Renong shares from UEM via a put option that was to be exercisable anytime within 12 months from March 2000, at an agreed price of RM3.1 billion.

Ql and yinson are 2nd generation success stories.

Aokam had 1000 acres of producing timber valued at 10% the market value selling at crazy prices to Europe and Japan.

As for renong,
https://www.wsj.com/articles/SB885153708408176000

https://www.theedgemarkets.com/article/special-report-truth-2001-sale-renonguem-finally-coming-out-0

3 billion in options contracts liquid enough for you? Supposedly Guaranteed payment?

Transmile major shareholder and founder was Robert kwok, a very smart investor.

I think on hindsight it is very easy to make fun of my past mistakes in investing based on value investing methodology. But if you were investing in those days, you would not know how to spot lemons. With fabricated accounts, fake and hidden money, and sudden losses out of left field, I find the correlations of sudden losses and Winfield holdings dubious " liquid assets" very worrying.

I think in the end you will learn the same lessons as me, except I learned them in my 30s.

>>>>>>>

QL is still first generation company will the company still be the same when come to second generation?

Do you even look at my portfolio? I put a note inside for every margin loan transaction leh. I am around 38% margin now. What you talking?

Your INSAS and QL now huge huge lead, get ready to treat Bak kut teh. I plan to bring all the kids from seri mengasih orphanage. Dec 31 2021 2 year bet don't forget ah?

QL - rm10 now ( from 6.9)
INSAS - 0.58 now ( from 0.69)

After 2 years... Who talk like sohai?

Please don't hide ya, Bak kut teh time and make the orphans sad.

>>>>>>>>

stockraider THIS PHILIP TALK LIKE SOHAI LOH...!!

IF SO EASY LIKE PHILIP SAY IN INVESTMENT WITHOUT CONSIDERATION OF RISK LIKE HE SAYS, WHY PHILIP, DON GO AND BORROW FEW MILLION ON MARGIN AND GO N WALLOP THE MARKET LEH ??

Post removed.Why?

One of the biggest proponents of value investing in i3 is kcchongnz. During his recent interview he put a very Graham like comment, " as long as you don't lose money, than any other outcome is good". But he gets upset each time I try to get him to show his portfolio like all the other superinvestors do who write books. His goal of not losing money is so strong that the loss of opportunities become apparent in the way he responds. I think that happens also to many "value investors" out there, who don't know the business that they are buying, the environment and the long term prospecrs, but only look at financials.

I may not have a master of finance or a financial planner license, but I do think about business far more than I think about making money.

Join me on telegram tme/philipcapitalmanagement and have a fun discussion . Don't forget to share your stock picks. We huat together!

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

You been saying that for 1.5 year... Still not yet give up?

Ql already hit RM10 lo, where my bak kut teh?

>>>>>>>

DON BE SOHAI...NOW IS THE TIME TO LOAD UP KAW KAW ON INSAS LOH...!!
28/05/2020 7:19 AM

What happens if RI is undersubscribed? Then someone else will pick it up?

https://www.theedgemarkets.com/article/jaks-resources-rights-warrants-undersubscribed-6842

>>>>>>>>>

Sslee Haha i3lurker,
“no one can beat my subscriber shares 40 sen
why should I be so stupid buy it at 90 sen?”

Because you are only entitle to subscribe your 40 cents RI with free warrantC if you hold JAKS shares. So did you buy JAKS at 90 cents today?
28/05/2020 4:42 PM

1 on 2 humans in the planet will be wearing gloves according to the report. Buy!

It's ok. I will just wait and see monitor the results, I just started position in march of this year. As a minority investor I don't want to rock the boat, if after 3 years I don't see any results from my investments, you can be sure I will bring it up.

I think this has now come to be clear what I said about gaming the system. Not that the bod is actively trying to cheat investors, but more because the structure of the companies leave a lot of hidden investments and bombs that you cannot see and analyze until a fair value loss is encurred. Why does one who owns INSAS for so long and not know what Winfield holdings is doing with our investments?

I blame the management for this lack of clarity.

>>>>>>>>

Dear Philip,
Can you please refrain from smearing the good name of INSAS BOD and management team with your wild and malicious accusation of game the system without any clear evident or fact?

I had met and talk to Dato’ Dr Tan on INSAS Tech venture (challenge, success and failure rate) and Dato’ Wong on business rationale.

My advice to you, please empathize with those going through difficult time during this Covid-19 crisis and seeing their Investment value fall by more than 50%. Please do not spread fake news to create fear that does not benefit anyone. If you have crystal ball please tell us what shares to buy now that will give us 100% gain in 1 year time, spare us your lecture on quality investment for long term of 10 years for no one know are we still alive in 10 year time.

Thank you
27/03/2020 5:52 AM

Dear Sslee, since you are a chemical engineer, may I introduce a mental model from chemistry that you can apply to business. This basic principle of called Bernoulli's law.

Bernoulli's principle states that an increase in the speed of a fluid occurs simultaneously with a decrease in static pressure or a decrease in the fluid's potential energy.

This concept can be applied to business in a simple direct way. Applied to business, the heavier you are, the less hungrier you are, the less likely you are to move forward. When you put management in virtue of their relationships with founder instead of a track record of success, the possibility of succeeding becomes lower. Building startups and unknown businesses requires a lot of kinetic energy and dynamic pressure to push the potential energy forward.

It is far easier to propel a growing business forward than it is to hit on the big idea and bring it to fruition. As you seem to know the management directly, what is your opinion? Are they the kind to get their hands dirty, work in the trenches to grow the startups? Or are they an expert in just throwing money around and waiting for others to grow it for them?

How much force are they applying to get the businessess off the ground and what are their track record in the field and their experience in making status work? I mean this of the 2nd generation who are now the bod.

Wishing for something to work and looking at it work are 2 different things.

Personally I find the pressure needed to get the fluid moving can be more than the bod is equipped to provide.

Icon so smart buy shares at 1.15, follow OTB. Now the question is you got a chance to oversubscribe for not 1 RI in 2018, 2nd RI 2020, but a third RI next year then the power plant is full run.

But since icon can buy more shares at 40 cents with his favourite warrants, how now?

Frantically buying with one hand on the wheel and another hand on the handphone press button to buy?


>>>>>>>

Stock: [JAKS]: JAKS RESOURCES BHD

May 6, 2020 9:40 AM | Report Abuse

Buy buy buy

It is running away while you guys are busy doubting

Comfort Rubber Gloves Industries Sdn. Bhd.

Date Published : 05/26/2020

Lot 821, Jalan Matang , Matang, Perak MALAYSIA

80 F - - MC Glove, Patient Examination

Date Published: 05/26/2020

Desc: Examination Gloves

Notes: *Level 2

80 L - - YY Glove, Patient Examination, Latex

Date Published: 05/26/2020

Desc: Examination Gloves

Notes: *Level 2

80 L - - YZ Glove, Patient Examination, Vinyl

Date Published: 05/26/2020

Desc: Examination Gloves

Notes: *Level 2

80 L - - ZA Glove, Patient Examination, Poly

Date Published: 05/26/2020

Desc: Examination Gloves

Notes: *Level 2

80 L - - ZC Glove, Patient Examination, Specialty

Date Published: 05/26/2020

Desc: Examination Gloves

Notes: *Level 2

80 O - - IG Rubber examination gloves, powder-free

Date Published: 05/26/2020

Desc: Examination Gloves

Notes: *Level 2

Ini bukan info dari 2018 Ka?

This is more relevant.

https://www.accessdata.fda.gov/cms_ia/importalert_229.html