Do you even live in Malaysia? Or you think accountancy is a critical service? Or what part of MCO do you not understand? When the report comes out it comes out la.

Important thing is almost every day gkent is buying back shares and you have received a good dividend.

Prime minister already said LRT3 and MRT2 will not be cancelled.

So what you scared?


>>>>>>>>>>


K-Den till today no QR release, scare or not?
30/03/2020 5:46 PM

Why sell? I just received dividends from PCHEM to keep me alive. Thank you PCHEM!

NETX from 2 cent drop to 1 cent, and still no dividends or share buybacks but doing more and more private placements. Embarrassing investor, always gambling and speculating and asking others to join in.

Jesus wept.

What ARE YOU doing here? You don't even dare to buy Netx share but comment so much, wanna be referee for what? IF want to be a troll say la I wanna be a troll. Self appointed referree?

How MANY stocks of NETX did you buy?

OR DID YOU EVEN BUY ANY STOCKS AT ALL?

>>>>>>

Posted by dragonslayer > Mar 30, 2020 10:41 AM | Report Abuse

Aiyo...referee challenge those penkritiks...like prof 3iii...philips..lapsap king Mike....shootup..citedal...you have ball one...pls...go lambo forum leh..why keep repeating the same post at here...no fun leh...go new forum ...repeat it..no one will know...it is just a cut n paste same banners mah...correct or not...lol...wakakaka...kikiki

Did NETX receive any of project awards or letter of award from NFCP yet? Go Go go NETX!!

Please post here fai fai tender wins? Which NFCP package? Which main contractor they working with?

Ok you seem to be an expert epidemiologist. I shall bow to your expertise and your proposal that intravenous high dosage of vitamin c can cure covid19. With the entire world eager to try anything, the anti malarial drug chloroquine should stop being on phase 2 of clinical trials and should push IVC to phase 1 instead.

I wonder if CDC is aware of this treatment? I guess we can go check.


>>>>>>>>>>

https://www.factcheck.org/2020/02/fake-coronavirus-cures-part-3-vitamin-c-isnt-a-shield/

Real or not, fake or not all you need to do is compare the portfolio, my replies and method of investing.

If you doubt my analysis in any of my stock holdings, you can compare it with the results that follows.

Question is, are you real? How does one invest in xinquan, hengyuan, ksl, INSAS, still have such results without evolving their investing methods?

https://klse.i3investor.com/blogs/Sslee_blog/2019-03-15-story198128-Ho...

How does someone who writes such wonderful articles get it so wrong?

Maybe if you stop writing about religion in a stock investing forum you will do better:

https://klse.i3investor.com/blogs/Sslee_blog/2018-12-24-story-h1456237...

Maybe if you stop putting emotion into your investing and kept it as realize rational and analytical as possible you would do much better.

https://klse.i3investor.com/blogs/Sslee_blog/2018-12-09-story-h1456179...

Maybe if you stopped writing about politics in a stick investing forum your results would be much better.

https://klse.i3investor.com/blogs/Sslee_blog/2018-11-16-story-h1456087...

Maybe... If you stop commenting about a person's character and concentrated instead on the stock valuation you would do much better.

https://klse.i3investor.com/blogs/Sslee_blog/2018-12-11-story186081-JA...

Maybe if you stop falling in love with a stock and started thinking about the returns of the stock your would do far far better.

https://klse.i3investor.com/blogs/Sslee_blog/2018-12-16-story186734-IN...


My advice: keep to stock valuation and the art of understanding how to pick stocks. Stay away from politics, religion, character assassination, falling in love with your stocks( I sold some QL, my longest held stock btw), and realize that the only thing to do in a stock investing forum, is to learn how to value companies.

Which is more egoistical? The one who never listens and evaluate even as his stock goes from rm1 in 2018 to rm0.36, despite many promises of the contrary on buying undervalued asset companies? Or the one who didn't listen because his stocks kept going up and results kept being solid even through black swan events?

When a teacher scolds your son at school, do you immediately rise to defend your son and beat up the teacher? Or do you question the son and ask him what he did wrong?

Your mistake is in believing that I have something against INSAS, that your loss is somehow my gain.

That is a pathetic and sad way of thinking about investing and valuation. You have lost all rationality during this crisis.

So be it. This will be my last response to any of your comments ever again.

I will leave you to your INSAS. And I hope you never commend on any of my posts or any of my held portfolio stocks ever again.

Good luck on your investing.

https://www.nutraingredients.com/Article/2020/03/25/Hospital-turns-to-high-dose-vitamin-C-to-fight-coronavirus#

You mean this vitamin c intravenous?

This Dr Cheng has been pushing vitamin c for everything from cancer cure to ICU stays since 2018 on Twitter. How many doctors do you know are so active online on Twitter? He even has a company that produces vc intravenously. I don't know about you, if vitamin c was such a wonder drug, im sure it would have been tried out in huge dosage by now.

But the fact is vitamin c is being used in conjunction with other anti inflammatory and control drugs so you cannot just say vitamin c is the cure all end all for covid19 and cancer....

https://twitter.com/drrichardcheng1?lang=en

>>>>>>>>>>

Posted by Ayoyo > Mar 28, 2020 4:12 PM | Report Abuse

Phillip, just a reminder - you are taking in millions of pathogens everyday - just by breathing and the only thing that is keeping you alive today is your immune system response

Don't have to believe me.. Just google up Dr Richard Cheng, his work was published in a respected science journal two days ago, worked with Shanghai hospitals to admister IVC successfully to 50 covid-19 patients and Dr Shiva Ayyadurai - he is openly chastising fauci now...

Two days ago, new York post reported a hospital has started vitamin C treatment protocol on covid-19 patients but they way short on supplies

This is not fiction.. Every one of them is available online

The mind is like a parachute, it only works when it's open

What stocks have you been buying Mr powerplant technician report guy?

>>>>>>>>
i3lurker dun say bad
must encourage Philip to buy more

stimulus package? Dun see it, I dun get anything at all....
28/03/2020 10:10 AM

Ini baru lah no one left behind.

If you think bear market is that easy, you still have a thing or two to learn.

>>>>>>>>

ahbah Pak Din oredi bunuh the mkt killer bear with his Stimulus Plan.

Our whole mkt now is very chip.

Masuk.

And U will not be left behind !
28/03/2020 3:57 PM

I think you have been watching too many TV shows. Do you really think Vitamin C is going to treat covid-19 patients?

In any case, anyone that is willing to try to take the mic from donald trump is good in my books.

>>>>>>>>

Dr Andrew cheng (who used vitamin C to successfully treat covid-19 patients in China), Dr Shiva Ayyadurai, brilliant MIT scientist and biologist who is chastising fauci - Dr Shiva recommends vitamin A, C, and D.... Also Dr Andrew Saul, Dr John Bergman, Dr Bruce Lipton etc...

And funnily enough, how do I know that? It is not because I am some form of brilliant investor, but because I listen a lot, and scuttlebutt. My daughter works for amzn AWS division in US, and I believe her more than some kid who spent a few hours reading some tech journals and annual reports and suddenly believes he is an expert on Google.

>>>>>>>>

FYI the backbone of the internet is not Google, its is Amazon AWS. IF it disappeared, half of the websites in the world will go down.

One thing where this kid is right on Google, AND why I dont buy Apple NOR google, is the concept of addresable market.

There is a simple reason why Google and Apple is below PE30 (no longer the Tech darlings), this is because they have already gone past the growth stage (understand the term TOTAL ADDRESABLE MARKET). Google is everywhere, Apple smartphones is already losing market share (https://marketrealist.com/2019/08/iphone-loses-global-smartphone-market-share/).

Where else can Google grow to? Google is like a public utility, if it demands too much, it will face repercussions from USA, EU (and it already has). Therefore, there are many restrictions already to what Google is allowed or not allowed to do. If he thinks it can continue to expand (to MARS maybe?) at previous speeds, then he should probably listen to more berkshire meetings. Choivo seems to think he knows a lot, but unfortunately he is way outside his circle of competence.

FYI the backbone of the internet is not Google, its is Amazon AWS. IF it disappeared, half of the websites in the world will go down. Google has already thrown a lot of money into every nook and cranny to find success, with some mixed and others losses. IT has been unable to create a demand for its hardware (from google glass, to google nexus, etc) similar to microsoft, and although I will grant you waymo is going to change the world, it still remains to be seen.

I would respect Choivo more if he bought google 10 years ago, or even 5 years ago.

But despite his wild claims, I doubt he had the investing acument to value or buy google when the googling was good.

If he had clearly shown his portfolio, we would have known it was true or false, and I would have had more respect for his investing skills then.

But now? He can create whatever stories he wants, it just sounds like fake news.

>>>>>>>>

Google
Doubled earnings in 3 years, and grew 15% year on year for 5 years.



This company literally forms the backbone of the internet and has more than 97% market share in every country except for China (China Wall), Japan (75% Market Share, Yahoo Japan 21%) and Korea (60% share Market Share, Naver 20%).

His concurrent theme is all on EXPORTS. With markets shutting down the world over, supplies of materials delays (and the inevitable price increases when demand is over supply), ability to keep contract obligations (when faced with ability to churn out product) , and the market demand for products abroad versus locally sourced products (virus changing globalisation mindsets), will make a lot of countries think deep and realize the value of a homegrown support industry instead of relying overseas. I believe he is in for a huge huge shock as the 2020 results will clearly show.

He doesn't realize what is cheap, can go oh-so-much-cheaper.

Many businesses that do not have a direct monopoly in the market will suffer as everyone will be selling at cut throat prices to survive, and export markets will be closed for year to come.


>>>>>>

KLSE

Petron Malaysia Refining & Marketing Berhad – I wrote about it before and I don’t think I need to explain further.
Magni-Tech Industries Berhad – (ROE excl Net Cash: 40%), (EV/Earnings: 3 times)
Favelle Favco Berhad – (ROE excl Net Cash: 15%), (EV/Earnings: 2.3 times)
Lii Hen Industries Berhad – (ROE excl Net Cash: 28%), (EV/Earnings: 3.2 times)
Poh Huat Resources Holdings Berhad – (ROE excl Net Cash: 16%), (EV/Earnings: 3 times)
Hong Leong Industries Berhad – (ROE excl Net Cash: 30%), (EV/Earnings: 3 times)
Homeritz Corporation Berhad - (ROE excl Net Cash: 30%), (EV/Earnings: 2.5 times)
Uchi Technologies Berhad - (ROE excl Net Cash: 250%), (EV/Earnings: 10.5 times)


These are companies who i think their earning power will not be diminished after this virus blows over, and have a strong history of paying out earnings, and have good/decent capital allocation abilities (ie no unnecessary ventures).

Researches have found a somewhat effective cure (ask dr fauci) and pushing to phase 2 of clinical trials. The estimation is between 6 months to 24 months. I believe it will usually be in the middle: aka 12 months.

Harta and topglove will not go down (in fact guaranteed to go up as worldwide shortage of gloves, and capacity filled to the brim and still supply is not met). GENM 31-DEC-19 results have not factored into the emptiness of 31-MAC-20 quarter, and the next 3 months as no one will be in the mood to go on a holiday. Expect if a cure is found and market belief is up that things will recover by christmas DEC-20, and return of full results by 21', as predicted by Dr. Fauci.

In either case, don't trust my words, as I dont write beautiful prose like Choivo. Take my predictions with a huge block of salt, but compare it with my portfolio investment results to see how I respond to my predictions and how I invest accordingly.

That is the only thing we can do. Hope we all survive the journey together, instead of listening to blind prophets who are suddenly in OWNERSHIP of GOOGLE 5 years ago while never mentioning it once.



>>>>>>>

Posted by probability > Mar 28, 2020 3:17 PM | Report Abuse

same old stories here...dizzying long write up...with some recommendation without are compelling reason.....and the sifus keep arguing without a clear direction...

i agree with ayoyo comments above..

the question now is...shall we go for stocks like Harta or greatly depressed due to covid like GenM?

both are good companies...but the answer depends on WHEN (not will) a cure to covid-19 will be discovered and implemented..

its a difficult question, but wish some young scientist are available in i3 instead of young accountants....to figure this out.

first asking for MYR5000 for research into RCECAP which you subsequently sold. Now asking an old man for his MYR500K to put into your loss making "fund"? it's not a fund until you start making money my young friend. Until you do, it's called a SCAM.

Wow, on top of working late every night? And running a second business with your girlfriend? And doing auditing? and so much? Oh gosh, no wonder you have to hide your results. The lack of focus must be debilitating.

See, this is what I mean. ALL frauds talk a good story,goes on stage and talks in public, but when push comes to shove, they really do have very little to show for it.

I think I will stop here. You have no idea how many investors fell into your trap of rcecap over the years. Maybe you should owe it to them instead.

>>>>>>

If i ever stop running my fund, i'll make mine public.

Sure thing kid, sure thing. In the last 5 years zero mention of Google. Now suddenly he says he bought Google which grew for the last 5 years. Which part of the portfolio was this? xx stock? Or XX stock?

Too bad. I dont believe you are smart, and I dont believe you bought google 5 years ago.

>>>>>>>

I'm only smart enough to pay 17PE for google, the backbone of the internet, which grew 20% per annum for the last 5 years, and can give you ROE of 35%.

That is disgusting. Why would I even do that? Knowing your returns? I might as well give 500K as a donation to the Covid-19 fund.

In fact, sorry, I already have. I have no wish to put money with frauds.

>>>>>>

Or you can just put RM500k with me, and i'll send you a copy of the letter with all my positions.

Wow apple managed to see the covid coming since 2019? Brillant.

I'm sorry. I don't need your trust or your respect. I am just here to share my investing results, what I learn from REAL investors in the bursa forum, and what scams and information are being run around by fake sifus.

I am not here to make friends, or share my phone number, or sell classes or subscriptions or my latest book.

I call it as I see fit. This is a free forum after all, where comments and opinions are shared around like toilet paper. But the value of the comments and opinions can only work if there are results to back it up.

There are many real investors around in the forums which I am learning from everyday (I have bought more new stocks in the last year than I have in the last 5). These are thanks to many of them quietly offering up very good information and comments without the "mumbo jumbo" that many of them love. What does religion, chedet, communication blogs have to do with stockpicking.

Sadly, the ones that talk the most have the least to offer. (in your 144 blog post, choivo 64 blogs, versus my 34 blog posts, what have we learned?)

Your insas bet and choivo rcecap bet has the same results for the last 2+ years, and I find I have neither respect nor trust for both of your stock picks. I'm sorry if you feel offended and you think this is egoistic/arrogant, but I am just pointing out a simple fact.

If you held insas and rcecap for the last 3-5 years, you would not have made sufficient profit to make up for the risk you bear in buying a stock. You may not have understood what I am telling you back in 2019, but in 2020 when the 3 black swan events hit, you finally learn what RISK is.

I'm sorry you had to learn it the hard way, but the world is not out to gain your trust or respect. It just shows you what real world investing is like. As I myself am still learning, maybe you should stop trying to learn how to make friends on the forum, but instead learn how to buy stocks well.

>>>>>>>>

Dear Philip,
You earned my trust but not my respect and below are the reasons why:
https://klse.i3investor.com/blogs/Sslee_blog/2018-02-13-story147404-CN...

Thank you.
P/S: By the way the title thing is a sarcastic way to tell you perhaps you should seek one to fit your ego.

Yeah previously kicked out of netx because only function is a troll not referee, he doesn't hold a single share of netx (or any share in bursa) his hobby is just to become a troll. he turns on netx investors and detractors alike. I still dont know what he is doing in forum. I don't even know what shares he buys. But he likes to talk bad about other people for fun.

Don't feed the troll.


>>>>>>>>

abang dragonslayer kamu referee bribery jjohnchew5?

click on philip and open his portfolio. the real one should have a trackable proper portfolio of his buying and selling.

Sslee,

Too bad you know nothing about me. But if you did know, you would understand that engineers love the process of doing something rather than only the results. Only businessman like you want 1 year 100% results rather than learning the art of investment.

My question is still relevant and important. I am looking for a true teacher to learn from, not a publicist.

All the great investors have a public portfolio with transparent results.

Warren has one.
Munger has one.
Howard marks has one.
Peter lunch has one.
Carl Icahn has one.
Even bill ackman has one.

Documented and tracked.

A garbage disposal guy working in New Zealand could write a book and plagiarize all of the value investing concepts out there into a book. But who would read it if that garbage disposal guy did not have results?

It's like asking a zunar to write a book about governing a nation.

Yeah right.

Take for example this guy. How would you rate his top picks or trust him? Thousands, millions of characters like this ( including kcchongz) around. Without a proper portfolio, how do you know his long term results? Maybe he just attended a kcchonz class last month or read his book, and now he thinks he is a hot shot professional investor.

I bet this is the first crisis he has gone through, and he doesn't even have a portfolio maintained.

>>>>>>>>>>

Posted by Najib Zamry > Mar 27, 2020 12:49 PM | Report Abuse

I trust that now is the best time to load your bullet in the market now. Unlimited QE and concentrated effort from all government around the world will see the flow of money to the market. My top pick are BAT, HAIO, JHM, PADINI, MAGNI,KGB, ASTR0. All of them have drop more than 50 % , High Dividend Yield and solid Balance Sheet company. Trust that stimulus package announced by PM will see some money flow to this counter.

Too bad you know nothing about me. But if you did know, you would understand that engineers love the process of doing something rather than only the results. Only businessman like you want 1 year 100% results rather than learning the art of investment.

My question is still relevant and important. I am looking for a true teacher to learn from, not a publicist.

All the great investors have a public portfolio with transparent results.

Warren has one.
Munger has one.
Howard marks has one.
Peter lunch has one.
Carl Icahn has one.
Even bill ackman has one.

Documented and tracked.

A garbage disposal guy working in New Zealand could write a book and plagiarize all of the value investing concepts out there into a book. But who would read it if that garbage disposal guy did not have results?

It's like asking a zunar to write a book about governing a nation.

Yeah right.

I remember this article you wrote long ago, but failed to realize the truth, beautiful words and wonderful articles do not make an investor. You would have been better off having access to choivo, OTB and koon portfolio and long term performance before you had jumped into hengyuan, xinquan and many of the stocks that was bought.

But, again hard to teach an old dog new tricks.

>>>>>>>>

https://klse.i3investor.com/blogs/Sslee_blog/2018-12-02-story184767-My_response_to_CHOIVO_CAPITAL_Remember_Croesus.jsp

The thing is, many so called super "wannabe" investors Trainers like to talk about being like Charlie and warren etc, but fall to the wayside when push comes to shove. They like to talk about value investing, how they made 100% on this and that, and how they know how to value and buy.

But the one constant which none of them have despite all the post and comments, none have it except for Koon yew yin and ooi Tek bee,

Jonathan Choi yi kit does not have it.
Ricky yeoh does not have it.
Calvin tan eng yet does not have it.
Icon8888 does not have it.
Kcchongz does not have it. ( He however has a book, how useful I don't know).
Stockraider definitely does not have it.
Louisinvesting does not have it.
Greentrades does not have it.

What all of these people who comment so much on i3 forums is the lack transparent, trackable portfolio ( its a free simple tool that exists on i3 forum, funny how very few people use it.)

Why? They will give you excuses like how they don't want people to frontrun them ( which is silly when you really think about it, they can buy first then update), but the fact of the matter is: once keyed in they will be unable to delete the portfolio entries or replace it with fake entries, but must constantly be on the public eye to see if their blogs and writings jive with their market results.

Choivo tries to do it, buy half heartedly. He kind of tells you what he buys, buy hides it behind xx and XX stocks, and makes you guess what he holds. But he did not tell your boss positions, or when he sells.

But the thing is, what you bought is not so much as important as what you sell. More important that what you bought and sold, is your conviction and the total amounts of each stock that you bought or sold.

They like to talk the talk, but when it comes to walking the walk, they somehow fall apart.

And the first thing they dive into is the quarterly results of warrens Berkshire reports.

https://www.berkshirehathaway.com/reports.html

I find it very tiresome( because I see it all the time), but my belief is this: if you want to be a public figure and write all sorts of articles and promotionals, you need to be accredited. If I wrote a medical journal, but never having spent a day in medical school, I could convince a lot a random idiots into taking my words verbatim acting wrongly on my "advice".

Financial "education" has the same effect on that EVERYONE is suddenly an expert on the companies that they buy. EVERYONE! Trust me. Calvin tan is as expert on networking infrastructure, choivo is an expert on petroleum refineries. This has a lot of potential for destruction, especially for eager young investors out to make a quick buck.

Who do you believe? In the real world, they would not be able to publish such things without a financial advisor license, a prospectus of their 5 year results and a full disclosure on their fund size.

But here in the internet, they can hide behind blogs and write whatever they want.

Here is the real guide: you trust Warren buffet and Charles munger not because of what they say or do, but the financial reports that show their results and the acumen.

So I tell you: listen with one ear. If they don't have financials or a history of results, treat it as fantasy and do not buy anything based on simple recommendations. Instead listen to them for a few years, build their portfolio for them ( they will always tell you when they buy, but never when they sell. Period.) Then you will quickly realize what quacks they really are.

I put KYY and OTB on a different scale though ( KYY when he buys you WILL know it, but you when he sells you will ALSO know it, albeit when the stock crashes). OTB makes money from classes and subscription, so he has to maintain a transparent form of investing. I can respect that.

What use for titles, ideas without conviction and concrete results is nothing more than dreams.

What is the difference between Calvin tan and choivo? Nothing. Both write good articles, and both say wonderful things.

But would you buy rcecap? Or pay rm5000 for a "research" into rcecap?

>>>>>>>>>

Posted by Sslee > Mar 28, 2020 10:41 AM | Report Abuse

Haha,
Thinkers value ideas
Egoistic value his own opinion
Rich people value the length of his sausage
And super rich people value title
So when Philip going to get a Dato, Dato’ Sri, Tan Sri or Tun title?

How is it unfounded? If they have so much money, why not buy back tons of insas shares from the market? Gkent is doing that exact same thing.

I believe at one point you also were defending xinquan tooth and nail versus all questioners as to how undervalued it is with its billion dollars in bank account but no signs of share buyback and dividends, but huge pp and warrant sales to get more cash instead.

There can be multiple opinions, but only one economic result in sight.

Perhaps sslee should also start a trackable portfolio so we can see if your opinions versus your market results have any relation? Better now than never.

>>>>>>>>


Sslee Dear Philip,
Good morning, why so stressful and picks fight with IR analyst. If you are so sure of Gkent shouldn’t you be happy to collect more at cheaper price? This is what I am doing collecting INSAS at 35 cents and q buy at 33 cents until you came to INSAS forum and make unfound allegation of why no shares buyback, the bank deposit and account must be fake.

The thing is, many so called super "wannabe" investors Trainers like to talk about being like Charlie and warren etc, but fall to the wayside when push comes to shove. They like to talk about value investing, how they made 100% on this and that, and how they know how to value and buy.

But the one constant which none of them have despite all the post and comments, none have it except for Koon yew yin and ooi Tek bee,

Jonathan Choi yi kit does not have it.
Ricky yeoh does not have it.
Calvin tan eng yet does not have it.
Icon8888 does not have it.
Kcchongz does not have it. ( He however has a book, how useful I don't know).
Stockraider definitely does not have it.
Louisinvesting does not have it.
Greentrades does not have it.

What all of these people who comment so much on i3 forums is the lack transparent, trackable portfolio ( its a free simple tool that exists on i3 forum, funny how very few people use it.)

Why? They will give you excuses like how they don't want people to frontrun them ( which is silly when you really think about it, they can buy first then update), but the fact of the matter is: once keyed in they will be unable to delete the portfolio entries or replace it with fake entries, but must constantly be on the public eye to see if their blogs and writings jive with their market results.

Choivo tries to do it, buy half heartedly. He kind of tells you what he buys, buy hides it behind xx and XX stocks, and makes you guess what he holds. But he did not tell your boss positions, or when he sells.

But the thing is, what you bought is not so much as important as what you sell. More important that what you bought and sold, is your conviction and the total amounts of each stock that you bought or sold.

They like to talk the talk, but when it comes to walking the walk, they somehow fall apart.

And the first thing they dive into is the quarterly results of warrens Berkshire reports.

https://www.berkshirehathaway.com/reports.html

I find it very tiresome( because I see it all the time), but my belief is this: if you want to be a public figure and write all sorts of articles and promotionals, you need to be accredited. If I wrote a medical journal, but never having spent a day in medical school, I could convince a lot a random idiots into taking my words verbatim acting wrongly on my "advice".

Financial "education" has the same effect on that EVERYONE is suddenly an expert on the companies that they buy. EVERYONE! Trust me. Calvin tan is as expert on networking infrastructure, choivo is an expert on petroleum refineries. This has a lot of potential for destruction, especially for eager young investors out to make a quick buck.

Who do you believe? In the real world, they would not be able to publish such things without a financial advisor license, a prospectus of their 5 year results and a full disclosure on their fund size.

But here in the internet, they can hide behind blogs and write whatever they want.

Here is the real guide: you trust Warren buffet and Charles munger not because of what they say or do, but the financial reports that show their results and the acumen.

So I tell you: listen with one ear. If they don't have financials or a history of results, treat it as fantasy and do not buy anything based on simple recommendations. Instead listen to them for a few years, build their portfolio for them ( they will always tell you when they buy, but never when they sell. Period.) Then you will quickly realize what quacks they really are.

I put KYY and OTB on a different scale though ( KYY when he buys you WILL know it, but you when he sells you will ALSO know it, albeit when the stock crashes). OTB makes money from classes and subscription, so he has to maintain a transparent form of investing. I can respect that.

>>>>>>>>

If you buy stocks at a big margin of safety, there is little risk and eventually market will revert to its mean. But make damn sure that you buy good companies at big discounts, and not buying lemons and overvalued companies, no matter how good they are.

I don't find anything stressful, I am just pointing out a simple fact to protect investors from selling on fear. In any case "chase high" with margin finance is a silly term at this juncture when everything on the market is at 10 year lows.

If not now to buy with margin financing then when? If you do not buy when blood is on the streets then when?

Between the qr and upcoming qr there has been no news of cancellation and fundamental project problems. However: the price has dropped from 94 cents to 44.5 cents. Why? What does oil price war, covid-19, have anything to do with LRT3 resolution? N the government had already guaranteed that it will continue as part of stimulus package.

So it is up to you to decide: whether it is a discount day? Or a failing business selling at 40 cents per share net CASH.

Others ok, only netx didn't submit any bid for NFCP and Calvin tan trying hard to manipulate and telling lies. The last time netx did infrastructure job was 10 years ago. Already replaced directly by Huawei. Today Calvin searching for straws to fake his story.


>>>>>>>>>

tsunami sheltered stocks are netx, opcom, redtone, binacom and cmsb

Trust in RHB, one of the worse run bank in Malaysia, the ones who said QL was over valued and gave a TP of 5.85. on the other hand I also remember sslee and Calvin was the one who loudly keep saying QL was overvalued at pe50 and will soon suffer a crash in stock price. Meanwhile during this crisis QL is still above January 2019(6.90) price, or did you forget? While INSAS drop price to 40 cents and Calvin entire portfolio is red ( netx drop 50%).

The difference? Unlike those companies Calvin and sslee hold, gkent has bought back millions and millions of shares back. I have already increased my shareholding value by 5% doing nothing. More dividends for me when LRT 3 earnings are reflected.

2 things Calvin and sslee forget:

27-Mar-2020 Insider GEORGE KENT MALAYSIA BHD buyback 190,000 shares from 0.540 to 0.585 on 27-Mar-2020.

(Did netx and INSAS do such a thing? Does Insas and netx have a 13 billion in orderbook by 2024? nO?) Calvin still thinks he can get NFCP contracts. Funny.

As for rhb-osk, they hedge their bets, read the last sentence:

Key upside risks include stability in macro economy, positive outcome for water reform – paving the way for higher sector development allocations, higher-than-expected earnings contribution from the LRT3 project and further wins in water-related infrastructure construction.

Sell call?
>>>>>>>


Sslee Haha
Q4 result not yet out, RHB-OSK already give a sell call with TP of 43 cents.
27/03/2020 9:19 PM

I thought it would be very obvious. Microcap stocks with valuation of USD 25-30 million. With revenues and earnings with no historical basis of growing earnings and revenues jumping to incredibly high PE's with not so amazing results. Cash flow, debt, return on equity, contract awards all give indication of manipulation.

Those are the companies that I totally avoid. Not because it is not a money earner, but because illiquidity, small valuation and the lack of long term results are a recipe for trading that gives big results and bigger losses that cannot be predicted.

I don't know how to make money from stocks like these, so I prefer to keep to my area of competence.

With the new ruling on FMR(financing margin ration) going beyond 70% it will still not trigger a mandatory liquidation requirement. Wise in that for the time being, it removes mass hysteria and the need for circuit breaker controls.

So, now is a good time to take up margin at low low rates and take advantage of the discount month.

But the question remains, what to buy?

>>>>>>>>

https://klse.i3investor.com/blogs/savemalaysia/2020-03-26-story-h1485668266-Bursa_Malaysia_relaxes_margin_financing_rules_to_ease_forced_selling_pr.jsp

I have increased my maximum margin at these prices as I believe the stimulus package of 3T from fed reserve and 40 billion from malaysia reserve will be enough to stabilize the economy, and the virus will be combated soon. With the reality that this is not a world killing virus, and that the short isolation will be good for the human race in the long run, confidence will be back with a vengeance and the discount prices will be gone soon enough.

>>>>>>>>

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

I have increased my maximum margin at these prices as I believe the stimulus package of 3T from fed reserve and 40 billion from malaysia reserve will be enough to stabilize the economy, and the virus will be combated soon. With the reality that this is not a world killing virus, and that the short isolation will be good for the human race in the long run, confidence will be back with a vengeance and the discount prices will be gone soon enough.

>>>>>>>>

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

I have increased my maximum margin at these prices as I believe the stimulus package of 3T from fed reserve and 40 billion from malaysia reserve will be enough to stabilize the economy, and the virus will be combated soon. With the reality that this is not a world killing virus, and that the short isolation will be good for the human race in the long run, confidence will be back with a vengeance and the discount prices will be gone soon enough.

>>>>>>>>

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

I have increased my maximum margin at these prices as I believe the stimulus package of 3T from fed reserve and 40 billion from malaysia reserve will be enough to stabilize the economy, and the virus will be combated soon. With the reality that this is not a world killing virus, and that the short isolation will be good for the human race in the long run, confidence will be back with a vengeance and the discount prices will be gone soon enough.

>>>>>>>>

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

I have increased my maximum margin at these prices as I believe the stimulus package of 3T from fed reserve and 40 billion from malaysia reserve will be enough to stabilize the economy, and the virus will be combated soon. With the reality that this is not a world killing virus, and that the short isolation will be good for the human race in the long run, confidence will be back with a vengeance and the discount prices will be gone soon enough.

>>>>>>>>

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

What stock would you buy?

>>>>>>


i3lurker no hurry

wait until April 14th extended again can think about planning
27/03/2020 2:09 PM

I am also in this month after studying and monitoring this company since 2018 from the screams of passion from mable and qqq3. I like how its main O&M operations are in Middle east countries like Qatar where the cost of oil production is USD5 per barrel of oil. Meaning even at USD20 per barrel, they will still make money and give more orders to Serba to do more operations as the trust level is slowly increasing.

I also like the fact that Serba income is similar to Yinson where it has no relation to the price of oil (like Armada and Sapura where their drilling activities correlate directly with their profit, and their break even costs or USD50 per barrel for their drilling operations. They also have many unutilized OSV and FPSO units that are not competitive in the market).

Yinson and serba on the other hand get paid by the day of work. And a fixed penalty for any cancellation of orders so things are very clear and straightforward.

I think Serba might do OK in the coming environment, although the "embargo" by Saudi/Egypt to Qatar may have some effect on short term work as Serba need to choose which paymaster to follow.

But, lets monitor their results quarter to quarter.

>>>>>>>

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

A company that sells something in 2011, then makes losses for 8 years is surely out of touch with the real world telco market. Do not expect it to make any return once lost.

>>>>>
The Contract will be delivered in 4th quarter of 2011.

Total margin used from public bank and maybank is 29.4M of 30M applied. The interest coverage will be very high, the most that I have ever used at any one time. I believe by 2021 the economic sanctions would have been lifted, and the price recovery will be complete. I believe by 2022 I will be able to start slowly reducing my margin loans and use back cash holdings only.

stimulus package announcement at 3pm today.

Since did not happen this year, or even after the warrants expiry date and stockraiders assumption. This is very obviously SMOKE.

Thank you.

>>>>>>


Sslee Dear Philip,
The issue is once Dato’ Sri Thong and PAC holding reach the threshold of 33% Dato’ Sri Thong need to offer conditional MGO.
For your information this is what Dato’ Wong replied to me last year on waiver.

Hi Mr Lee
Thanks for your past & continuous support & I personally have no objection to your proposed resolution. However, there are stringent processes, procedures and compliance requirements under the Bursa Listing Rules & Take-over Code that our CF advisers are looking into it and it is unlikely that we are able to make the waiver application in time for the approval of Insas shareholders by this coming AGM. We are seriously exploring this waiver proposal and if possible, we hope to initiate this waiver application process in year 2020.
Regards
wgk

Thank you
27/03/2020 8:02 AM

Thank you.

I'm sorry sslee, this is sounds like smoke?. Can you clarify exactly what is the ambiguity. If QL ownership can be more than 60%, what is the issue here?

>>>>>>>

they are enable to buy as of ambiguity SC regulation on definition of PAC

INSAS nta is rm2.68 versus today price of 0.47. like you said, immediate profit if management buyback company own share. But why don't they buy back shares?

Thank you.

>>>>>>>

As of share buy-back, I remember attending CSCSTEL AGM asking the Board on buy-back/sell-back policy. The Board replied they can only do buyback if the price falls below NTA this is to protect NTA dilution or misused of Buy-back to support price for insider benefit.