This part is the important thing, as my telegram group there is a financial guy working in Singapore who has shared on Winfield for more clarity.

What INSAS does moving forward is far more important than what they have done previously. We are to buy what comes out in the newspapers 2 years from now, not the past accolade which everyone already knows and has accounted for.

If you cannot tell where the growth and earnings will come from for INSAS in the future, then you do not know the business well enough.

For QL, I know how many family mart they have but more importantly how many more they will build in the next 2-5 years. I know their expansion in Vietnam and Indonesia is where the new growth will come because they eat 1/4 less eggs there compared to malaysia. I have seen their expansion plans announcement, so I know in the future where the growth will come. I can guess that will come out in the newspaper 2 years from now.

I am sure with you working at PT musim mas for so long you know what they have dinner in the past. But you are also aware of their expansion plans, how well their growth is doing, and what refineries and plantations are coming up. You know what the CPO prices are, what the fertilizer prices are where to get supply, and how the staff is doing and what the training program is in the future. You know PT musim mas business very well and where the big boss is going. You know the growth plan and where it is coming from in the next 5 years.

Do you know INSAS business as well? Do you understand the business? If you understand the business you would have been able to see what Winfield holdings do. But I think I have better understand if it then you do, despite never going to AGM.

>>>>>>>

INSAS will survive this difficult period and should do well if BOD knows how to employ cash for investment opportunities moving forward.

This part is not the important thing, as assets is not cash, and investments into Winfield can be a worrying thing if you don't know what your money is doing.

>>>>>>>

The important thing
Balance sheet as of 31th March 2020:
Total non-current assets: RM 787,759,000
Total current assets: RM 1,464,841,000
TOTAL LIABILITIES: RM 515,672,000
Of the current assets:
Deposits with licensed banks and financial institutions: RM 493,049,000
Cash and bank balances: RM 228,153,000

Hi sslee,

I am actually very interested to know, hope you can scuttlebutt and find out, what is Winfield buying and selling? Is the losses from oil stocks? Please share of you can find this information for readers during AGM.

>>>>>>

The big question 40% associate Winfield holding RM 315,135,000 current assets/Financial assets not sure what are the quoted securities hold.

Somebody should scold public Bank for giving such a low price. JAKS power plant will give 300 million to Jaks, it should be worth rm2.5 why Jaks put so low price?

Not necessarily. TM is already terminal growth, while ql still has another 500 family marts left to go, and it's not like TM can expand to Indonesia and Vietnam, one of the densest populations per square mile.

Dear sslee, I know QL will do well over time. My question is: what do you think the results for INSAS will be in the next few quarters?

Hi you can add me at tme/philipcapitalmanagement

Hi fearless, u can click the link at the top of my portfolio profile

Can you explain here how someone who sold all his gloves stocks can lose money on glove stocks?

>>>>

Goldgent Haha...Top Glove Singapore up 14.14% today.
Philip sifu might lose another RM 2.04 million tomorrow.
-6 million to -8 million!
26/05/2020 2:15 PM

In short, be fearful when others are greedy. Be greedy when others are fearful. When no one is touching gloves, I bought in droves. When everyone is cutting losses in o&g and screaming buy in gloves, then it is time for me to be fearful in gloves and greedy in o&g.

>>>>>>>

Posted by Lewis Lee > May 26, 2020 3:03 PM | Report Abuse

After reading numerous stock gods, stock kings, stock gurus, stock bloggers in i3 , let me sum up their views on EITHER (i) Glove theme or (ii) Oil & gas theme play going forwards :-

Glove-play supporters :-
1. KYY :- cut loss at O&G Dayang, recommend investing in Glove counters, Sai lang in comfort & supermax
2. Ooi Teik Bee :- cut loss at O&G, (apart from Jaks & Mtag) also recommend comfort & supermax
3. Clavin Tan :- chun chun calls on all glove counters, big or small, profit or loss , even recommend sanitizer-play !

O&G supporters :-
1. Cold eyes :- never mentioned about glove at all ! continue to promote O&G for long term, recommend Armada, Serba, Yinson, have substantial holding in Aramda.
2. Phillip :- Chun Chun buy what you understand approach, sold off all Top Gloves and switch heavily into Serba, Yinson, Petrochem.

KC Chong & Icon8888 :- been low profile & quiet ??

LOL ! I just state the facts and let the investing community to decide !

Glove ? O&G ? Glove ? O&G ? ? ? ? ?

This kind of Christian cannot with will solid logic start to curse like a little child.

And pretending to be Jesus follower and local pastor. Telling people who talk rationally to eat shit and die. The is what the Jesus teach you? You are supposed to be a representative of Jesus on this earth and walk and talk with his way to show pagans the truth.

I give up.

No energy to talk to you, but as usual just to watch and see your long term portfolio results.

https://klse.i3investor.com/servlets/pfs/123029.jsp

You are a lying Satan, and you have already abandoned Jesus telling others to eat shit and die when they can no longer win with reality.

I will stop replying you anymore, you are dragging me down to your level and beating me with stupidity.

I will just offer you the other cheek and let results speak for themselves.

Now I know Calvin is a retard.

Topglove is worth 30 billion, harta is worth 30 billion, supermax is worth 8 billion.

All very elevated prices.

NOW CALVIN THE FOOL IS SAYING SUPERMAX IS GOING TO BE WORTH 45 BILLION TO 80 BILLION RINGGIT? TOPGLOVE IS GOING TO BE WORTH 300 BILLION? HARTA IS WORTH 300 BILLION? YOU CAN BUY HALF OF KLCI STOCKS FOR THAT PRICE.

YOU CAN BUY 1 ENTIRE YEAR OF MALAYSIA GDP FOR THAT PRICE, AT 300 BILLION. DO YOU THINK A FEW GLOVE STOCKS IS GOING TO PRODUCE MORE MONEY THAN THE ENTIRE COUNTRY OF MALAYSIA?

SATAN, DEVILS ADVOCATE INDEED.

REALLY? YOU CAN SELL SUPERMAX TO BUY MAYBANK, OR BUY ENTIRE PUBLIC BANK WITH SPARE CHANGE TO GO BUY GENTING.

REALLY?

THIS KIND OF BRAINLESS LIARS IS WHY THERE ARE SO MANY MORE PEOPLE COMPLAINING ABOUT YOU THAN ME.

YOU ARE FULL OF FALSE HOPES AND INABILITY TO DO BASIC ACCOUNTING.

>>>>>>>

By then glove bull will have gone up another 500% to 1000%

Yes this is definitely true, however you can just do a little scuttlebutt and ask the local hospitals what their sop is for glove use in medical line. You will see that it has not changed by much, however the stockpiling done has increased by a lot.

The real question is: did you buy a box of gloves to put at home during onset of covid? If the answer is yes, then you are stockpiling. But do you do daily use and bring it around everyday and throw?

If you don't, but use price as a measure of demand, that few quarters of increased revenue marked by huge selling of glove stock director should tell you how long the glove demand will last.

>>>>>>>>


BlessedInvestor Glove companies earnings are correlated with demand of gloves. Demand of gloves are tied with Covid 19 which is highly infectious. As long as vaccine is not available(likely to be available only 2021, maybe 50% change only per Oxford Univeristy research team). I feel is a bit too early to sell. I will peak, but no body know when. I hope there is vaccine for cancers such that there will be less people suffer...

Just some thoughts
26/05/2020 11:52 AM

yes, but out of my area of competency, I am looking only at malaysia. Majority of malaysians are back to work, malls are slowly opening, and a lot of workers are back to office. Traffic jam has started.

So anyone who is investing in US market should be careful indeed.

And Malaysian companies that are exporting overseas should be very very careful indeed.

I don't know about your fake claims and boastings and WhatsApp But I group. But I have recently started scuttlebutt group on telegram, and their responses are very different from yours.

But who to believe? You who is hiding in a small room in Holland, trying to bring everyone there? Or those professionals who are actually working in the industry?

Don't believe you can join and see and ask them yourself.

Tme/philipcapitalmanagement


>>>>>>>>>>

Posted by Philip ( buy what you understand) > May 26, 2020 7:40 AM | Report Abuse X

A lot of very good scuttlebutt information on the telegram discussion group. A lot of professionals working directly in those industries, glove supply chain, doctors and government stuff to share their work experiences and conditions that can be used to do on the ground research.

And yes, heavy stockpiling on gloves. In majority the sop for using gloves has not changed much, or at all. But suddenly a lot of SKL can give very wide interpretation of usage.

A lot of very good scuttlebutt information on the telegram discussion group. A lot of professionals working directly in those industries, glove supply chain, doctors and government stuff to share their work experiences and conditions that can be used to do on the ground research.

And yes, heavy stockpiling on gloves. In majority the sop for using gloves has not changed much, or at all. But suddenly a lot of SKL can give very wide interpretation of usage.

Let's record here for posterity. This is your claims. I hope to see your name in top30 list, please don't give fake excuses and run away. Of you really are top 30 shareholders, be proud and buy this penny stock with ALL your profits and winnings.

I look forward to seeing you bring netx from 1 cent to 8 cents ( no 50 for 1 consolidation is not bringing the price up.)

Then I can say you are cutting up flowers to water a volcano. Careful you don't get burnt.

>>>>>>>>>>>

Posted by calvintaneng > May 25, 2020 6:39 PM | Report Abuse

Calvin is still in Top 30 holder of Netx


calvintaneng
36159 posts
Posted by calvintaneng > May 25, 2020 6:40 PM | Report Abuse

Yes, my winnings from Glove face mask and sanitizer stocks will be ploughed back into Nfcp and Ecommerce stocks later especially Netx

I thought I have explain very clearly, maybe you only see share price chart, but don't see the business:

In that entire time, there was never:

1. Oil crisis where share prices dropped to record low and everyone leaving o&g stocks in droves.
2. Never seen calvintaneng,kyy,OTB all promoted glove stocks.
3. Never was tg being speculated until PE 80.
4. Never had entire world close down, airline close down and all other business dead on the water.
5. Back then if sold tg, other stocks are still expensive on comparison. Today if sell tg, can buy gkent net cash, Pchem pre-ipo price, public Bank pe 10, Maybank with 8.6% past dividends yield, and many other industries left for dead but still earning money.
6. Has topglove+hartalega ever been valued worth more than public Bank? After covid19 ends, 3 years, 5 years from now, who do you think will have 5 billion in earnings?
7. Heavy stockpiling going on, everyone is buying gloves. But daily consumption? That box of gloves at home, how often do you use it? Or will you just use sanitizer and face mask when you go out instead?
8. Topglove is selling PE80... If you wanted to start your own tourist agency, which prices do you pay for those equipment like buses, boat and hotel? Do you pay the price when tourists come when no supply and everyone looking for a bus? Or do you buy during covid19, when buses are everywhere being parked, boats lying dead, when everyone cannot tahan loan interest payments and want to cheap sell?


But yes. If for not for those double swan event? I would gladly just sit and wait it out. Topglove definitely can have good earnings and make money, and I can receive 130k in dividends a year, on my long term invested capital of 1m.

But Covid19 is like nothing you have seen before, and investors are overly optimistic on the performance.

Just like it's products, if you want to buy gloves, do you really want to pay covid19 prices for them? Or do you prefer to buy when no one wants them?

Or do you think covid19 is just starting, and demand will never end?

Those who think that way, they will definitely start looking for reasons to say my portfolio is fake, my results are fake, and I am cutting flowers to water weeds....

But this is fact:

IF YOU FOLLOW THE HERD, YOU WILL GET THE HERD RESULT. KNOW WHEN TO FOLLOW AND WHEN TO STOP BEFORE THE CLIFF.

Everyone who buys from this point in is looking for the next idiot to buy. A few quarters of good results, yes the price may still go up.

But will the price keep going up forever? Or stay at this level forever?

That is when you need to start doing some rational investing.



>>>>>>>>>>

Posted by Ron90 > May 26, 2020 4:11 AM | Report Abuse

If someone bought TG for the past 10 years,how many times TG reached over $12.00 ??..and yet never selling it?.. during that time viral infection not as severe as today COVID-19 where the whole world facing pandemic and still keep on going, south america, africa, india, indonesia, etc..still at the beginning.. during that time why TG price still acceptable, even at $14.00 !! ? ..if I am really investing in TG for the past 10 years, by now, my investment already multiple how many time? don't have to worry, in fact will shall stick to TG coz I would expect bonus issue, dividend, etc..as usual from TG.

You got unlimited funds to buy everything? Or you sell some stock like NETX chun chun to buy gloves?

Maybe that is why you are no longer top 30 largest shareholders in NETX...

Please kid, all you have is hot air.

I have a trackable maintained portfolio that I reach all my investments and purchase.

I made 30% in one week in star media.

I bought all those stocks Pchem, Serba, gkent ,yinson at march lows in full margin.

PCHEM had jumped from rm4 to rm6. It's documented, and I have position size as well.

Ask yourself, what is the use you throw around stock price numbers when we can't even see your portfolio? When did you buy? How much did you buy? What did you sell? How much capital you deploy? Those are more important than you boasts.

But when people ask you important questions so they can learn from you?

This is what you answer,

We can learn nothing from you except how to tell lies..


>>>>>>>>

Posted by samheong78 > May 24, 2020 10:51 PM | Report Abuse

Hi Calvin. I appreciate your article. Can you share whats your initial capital when you first started investing and the current value of your portfolio and also how many years you have been in the market? Just for my understanding the time needed to get good at investing and become rich.

Posted by calvintaneng > May 24, 2020 11:10 PM | Report Abuse

Sam

Long story
Will take time

I posted up in the comments details of every transaction. I have been holding and averaging down on topglove since April 2019.

The comment dates also cannot be faked. There are 779 comments on my portfolio since I started, so if you think I can edit my portfolio, be sure that everyone always looks closely at my investments.

But you can try and see if you can keep changing your results.

Posted by Philip ( buy what you understand) > Apr 5, 2019 8:19 AM | Report Abuse X

Topglove seems to have a discount month of 15%, especially since it's business has not eroded, and is as string as ever with record growth.


Philip ( buy what you understand)
3543 posts
Posted by Philip ( buy what you understand) > Apr 5, 2019 8:20 AM | Report Abuse X

Time to average down on topglov


MrPotato88
90 posts
Posted by MrPotato88 > Apr 23, 2019 12:20 PM | Report Abuse

Philip, why Top Glove but not Harta ?


Philip ( buy what you understand)
3543 posts
Posted by Philip ( buy what you understand) > Apr 23, 2019 12:23 PM | Report Abuse X

Erm... Because it's a legacy stock that I bought since 2010 and I know it will enough to know how many lines it has, where all the factories are, I am comfortable with the management and most of all it is still very very profitable and growing over a long time.

But I think I understand what you are trying to do. Ok try to edit the numbers, can you do it? Can you delete the transaction?

Ok now that you know you can't change it, let's monitor your portfolio over a few years and see your results.

FYI a real portfolio, like yours in real life, should have commissions, dividends, buy and sell all key in.

I also have other transactions that I post and put in the comments section so everyone know when I buy and sell.

Let's see your continuous buy and sell results after 2 years.

I think you need to share it with public for us to view.

Ok. Where did you put this portfolio?

From trying to insult others to having to protect his reputation against the many investors cooked by this old man living in Holland.

His imaginary WhatsApp friend are all he has.

Progress of 3% was done for the pan Borneo highway in the writing and reading of this article.

But I still don't get it.

See Calvin, karma is coming back to you. I don't have to say a single word, but the number of your detractors and long time i3investors who were fooled by your claims are all coming back to decry you.

These are all the investors who have been here long enough to know your lies over and over and over.

This is not me saying, but all the investors you have misled.

You will have to live with the damaged you have caused, promoting stocks that you do not own, owning stocks that you do not tell, selling stocks and leaving others holding the bag.

Not me, but you are your own worse enemy.

I leave God to decide your fate.

DK66, I hate being an old nagging fool,

But I did tell you before that if you were just paying for JAKS powerplant, I will be the first to invest in it. However you will be investing in JAKS the business. Not only that, you are going to be forced to pay up just to keep what you have. What will they do with the business? How will they bring it forward? Will there be more dilution? What new businesses will they be investing in?

These are calculations which is more rationally answered with one question: do you trust the management to manage you company well?


>>>>>>>>

Posted by warrantKing > May 25, 2020 5:06 PM | Report Abuse

DK 66 , this time i have different opinion with you.
Right issue at extremely low price is only benefit to major shareholder. And this is second time he did that . (or last time was private placement at low price ? )
I think JAKS is a super star due to its powerplant , but i have reserve to CEO's personality due to corporate exercise he had done previously. Ie. private placement at low price (Last time when rebut ticket with uncle koon).

Calvin already hiding his losing pick and quietly remove NETX from his list of stocks to buy, despite being top30 shareholders in NETX.

Standard pattern again.

Of course he doesn't tell you his position, he is embarrassed to hold many weeds in his portfolio so quietly forget.

Another skill of yours, simply plucking up random figures and making it yours. Why do you seek to tell new investors such lies. Directors selling is a good thing?

Do you really not fear God? Are you not worried that what you say and do will come back to haunt you on judgement day?

>>>>>

calvintaneng Directors selling?
During Cement bull run year of 9mp

I saw one director sold YTL Cement at Rm2.40 & my friend Mr Lee of Public Auto Sitiawan was worried

As it turned out YTL cement was later Taken Private at Rm5.00 up another 100% from Director selling

NOW DIRECTORS HAVE SOLD ALL YET

SUPERMAX DIRECTORS HOLDING ALL FIRMLY
25/05/2020 7:25 PM

When pasar auntie selling vegetables say things like that and assume earnings will go up x5 and last until the end of the year.

Then it is really the time to sell and go away.

You an go ahead and speculate and enjoy yourself. Maybe you will really get that RM10. But why stop there? Why not rm15,20 or even rm50? Speculation is just about finding another idiot to take up your spot.

But long time investor like myself who held for 10 years, kossan director, comfort director who sold 14% of his total holding ( and made 40 million free of tax), are all cashing out.

Why? What does pasar aunty know about gloves? Have you even visited a glove factory before to make the rm10 claim? Do you even know where Supermax production plants are without asking Google? Do you even know how many production plants they have?

Or you don't care, but simply pluck a nice round figure from the air,

It's ok.

Your reputation is already famous in i3 for being chun chun call.

Ok. I also bought topglove after stock split value atMy average cost now is 60 cents. Believe or not? Today I had around 1.3 million shares all sold in

I sold it all today gross profit is around 16 million on 1 million invested capital inviting reinvested dividends.

You believe or not?

Hard to believe right?

That's why I start keeping an i3 investor portfolio to show you how investing works.

Bull$hit alone won't cut it.

No results talk whatever also can la. Share price needs to be match with your portfolio holdings to see how much you put in gloves stocks versus NETX and talamt then we can finally know if you still holding talamt or already sold or if 90% of your portfolio in netx as 30 top shareholders and only 2% in glove stocks.

But knowing you only promote your stock wins and hide your losers, you will never ever EVER BE TRUTHFUL. EVEN TO GOD.

God bless your soul.

Then how come director sold 14% of his holdings in one month? He made 40 million woh, why do that if gloves is going to be superbull forever?

>>>>>>>

HawkEyes Comfort coming quarter result which will be released in June 20 will be super good. People buy Comfort is because coming quarter result will be very good. Besides that, Comfort is most undervalue compare to other glove stocks.
25/05/2020 12:09 PM

Very interesting question. What is the answer?

When you buy the drink stall at the island, what price do you pay?

1. Offer price based on the profit when the cruise ship came to town?
2. Offer price based on the other 360 days when there is no cruise ship in town?

If someone offer you the first price, then you should happily shake his hand, sign on the dotted line and say thank you!

Directors of comfort selling shares while bulls like Calvin for the herd to jump over the cliff.

What makes him think that he knows more than the directors? I don't know... But I'm not staying around to find out.

>>>>>>>>

https://klse.i3investor.com/blogs/xiaoqing88/2020-05-24-story-h1507829762-COMFORT_Red_Flag_Cautious_on_over_valuation.jsp

Directors selling stocks while Calvin follows like a herd over the cliff. Funny indeed, you seem to know more about the company than the director himself.


>>>>>>>>>

https://klse.i3investor.com/blogs/xiaoqing88/2020-05-24-story-h1507829762-COMFORT_Red_Flag_Cautious_on_over_valuation.jsp

I also remember your carimin you ask to take profit early and it jump to all time highs.

Talk about watering weeds and cutting flowers, after you sell then it WENT UP??? Oh now, sifu DO AS I SAY, NOT AS I DO. AREN'T YOU ALSO CUTTING FLOWERS WATERING WEEDS?

MEANWHILE my glove stock has given me 1700% return by just holding for ten years and not selling a single share.

Now I am selling speculated stocks and buying downtrodden forgotten businesses.

Lucky I didn't touch NETX AT ALL.

>>>>>>>>

Naim shot up to cross Rm1.00 and I whataspp all to sell and take profit ?

After selling Naim it even went limit up to our surprise?

But calvintaneng already sold netx to make millions in glove stocks you sifu didn't tell you? Why are you guys still here?

Sell NETX buy comfort, supermax luxchem etc....

That's ok, I was building a huge position in gloves stocks. How much of gloves did you buy? 10 lots each?

>>>>>>>>>

Posted by calvintaneng > May 25, 2020 6:02 PM | Report Abuse

Both 3iii and Philip totally missed the Ogse upstream bull run of 2019

Now this dumb 3iii stuck with dlady will miss supermax, mtag and Nylex the ethanol bull for sanitizer

Do you really want me to bring up your original post on NETX? And your promotion article on the future of NETX with 8 cents and a project advisement that netx will get NFCP in January?

Stop calling people dumb when you are a liar.

>>>>>>>>

Posted by calvintaneng > May 25, 2020 5:57 PM | Report Abuse

Hahaha

Philip so dumb

Calvin buy call for Netx original call is 1 sen

Now Calvin very happy to be in Top 30 holders of Netx

Just remember to uphold your promise when you lose. I am expecting bak kut teh lunch from both of you. But if no money to pay just say la, I'll treat you instead.

>>>>>>>>

Posted by stockraider > May 25, 2020 5:30 PM | Report Abuse

I think it is fluke shot for Philip loh...!!

Don forget Philip was behind us for the whole 2019, don forget our bets got 2 component mah...!!

2019 and 2020 mah...!!

Posted by Philip ( buy what you understand) > May 25, 2020 5:19 PM | Report Abuse

Charlest is almost guaranteed to be paying for bak kit teh dinner by the end of the year.

The result of the 2 year upcoming bet...

Mnrb - CharlesT 0.97 - ( 0.68)
Insas - stockraider 0.69 - (0.59)
Ql - Philip. 6.9 - (8.47)

I already hold my winners for 10 years, and sell it at the right time when everyone is speculating so hard. Where were you when topglove was rm4? Why never join me buy back then?

My losers already up 20+% after I sold topglove to buy them. What are you talking about?

How you comment when you don't even care to show your own portfolio to teach me how to hold winners and buy losers?

But you also never listen leh?

When I told you to buy and sell star from 25-36 in one week you still keep holding talk cock etc etc.

If you follow sslee don't be so greedy sell for 40% profit in one week, you could have pump it right into glove stocks....

But instead you hold too long, just like you hold hengyuan.

So how do I know to listen to you leh?

With his track record, that is the only thing he can do.

He was actually proud of saying the he sold houses and bought shares in NETX and is currently 30 biggest shareholder in NETX, right before it dropped to 1 cent.

His date of promotion is clearly 2 cents so he loss 50% networth in a single stroke of he sold everything to jump to glove stocks.

But of course this fake pastor is a liar. He will say he only put a little bit in NETX, and he jumped chun chun into glove stocks.

However, only buy calls no sell calls on his sold stocks to jump into gloves. So.... Believe in him la. Cun cun.

When I buy, everyone know what I buy. When I sell, everyone know I sell. Everyone already know I held topglove since 2019, this is FACTS.

So when I sell, everyone knows I sell.

Big difference with Calvin, only chun chun buy, never a chun chun sell.

What to do, got 40 stocks to sell stock subscription on, promote those that work hide those that don't la.

Charlest is almost guaranteed to be paying for bak kit teh dinner by the end of the year.

The result of the 2 year upcoming bet...

Mnrb - CharlesT 0.97 - ( 0.68)
Insas - stockraider 0.69 - (0.59)
Ql - Philip. 6.9 - (8.47)
NETX - Calvin. 0.02 - (0.01)


Calvin tan results?

https://klse.i3investor.com/servlets/pfs/123029.jsp

Pick any stock you like.

Calvintaneng talk a lot of bullshit, but you see he dare not reply me on the the NETX sailang put everything in there issue. He also keeping quiet on promoting protasco and talamt.

Who is wrong who is right I think the truth is already out,

DID YOU SELL HOUSES TO BUY A TON OF SHARES IN NFCP NETX BEST COMPANY IN BURSA WITH 30 BILLION NFCP FUTURE? ARE YOU 30 BIGGEST SHAREHOLDERS IN NETX?

or have you already sold and go into glove stocks already?

What is the truth?

Harvest city truth?

It's tme/philipcapitalmanagement.

tm.e


>>>>>>>>>

RainT by the way, how to joing your telegram group?

there must be group name, then only we can search it ...
25/05/2020 1:04 PM

That's why I just keep a trackable online portfolio to show performance since 2019. Talk cock no use. Have to show results right?

If you think I am the same as those other self claim sifu, just click here and read through every single transaction and every single trade.

Got date, got position got buy and sell record.

You try to ask other so called sifu for their portfolio, see what answer you get?

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

No one can force you to pay money. But if you don't, your share of the future profits due to the company will be further diluted.

At a rights issue of 40 cents, they are saying that the perceived value of the company is only worth 40 cents to new investors.

The more important question is, is it compulsory for Jaks to raise money in such a way?

Can Jaks management find another way to raise that money without heavy dilution?

Why did they not go for a 25 year back to back perpetual bond based on the 300+ million earnings that will come from the new power plant instead? They could have done the same deal as topglove bond issuance? Good long term bond to do repayments at minimal dilution of shareholdings.

https://www.theedgemarkets.com/article/top-glove-prices-us200m-principal-amount-exchangeable-bonds

If they had to do a sales, why not private placement like how Serbadk did it,

https://www.theedgemarkets.com/article/serba-dinamiks-private-placement-oversubscribed-15-times

A private placement at of 1.49 at maximum cash raised to dilution.

The question to ask is why rights issue dilution at the worse possible price, 0.40 RINGGIT?

Shouldn't they be asking for rm1 at least? Or better yet rm1.5? Everyone knows that the power plant will be online soon. Why not wait until then when the share price jumps to rm2.5 TP as per dk66 expectations? Then do the same dilution but now at rm1.3 and raise 3x as much cash. That at least would be fair to current shareholders of the company.

The goal is to pump cash into Jaks for future investment. Why sacrifice so much of the future just for a measly 130 million?


https://www.theedgemarkets.com/article/jaks-seeks-more-funds-placement-vietnam-jv-after-rights-issue-met-tepid-response

Perhaps it's previous rights issue will give an idea of what is happening.

>>>>>>>>

RainT right issue is it all shareholders COMPULSORY must pay money and subsrcibe??

if dont want can or not?
25/05/2020 12:19 PM