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2020-03-25 16:46 | Report Abuse
calvin, why dont you go to other the other investments that I go to like:
QL? you say bad things there but price is still higher than last year
Topglove? 25% of my portfolio is there, but you dont say bad things there? Price still higher than last year
Yinson? You said bad things there but price still higher than last year
Why why why calvin? why out of 40 promoted stocks last year you dont have any that is positive?
How come I have so many money making stocks? QL, TOPGLOV, YINSON, STONECO? (and I only have 6 stocks last year)?
WHY WHY WHY CALVIN? WHY DO YOU LIE SO MUCH? BUT MY STOCK PICKS ARE MORE CHUN CHUN THAN YOURS?
WHO TO TRUST? YOU OR ME? MY RESULTS OUTWEIGHT YOURS IN TOTALITY...
2020-03-25 16:45 | Report Abuse
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results
With these kind of results he is very confident despite no portfolio and no results.
Bah hambug!
2020-03-25 16:44 | Report Abuse
Those who are caught swimming naked when the tide is out tend to act in unexpected ways.
Then again, with results like this. What can you expect from Calvin?
https://klse.i3investor.com/servlets/pfs/123029.jsp
A hungry man will eat everything in sight.
>>>>>>>
Calvin,
Honestly, your conduct the last 1-2 years have been quite disappointing. I remember thinking you were a very nice person back when i met you in Johor, but honestly, the way you've been acting in pushing companies like these, It's not good.
24/03/2020 5:33 PM
2020-03-25 16:34 | Report Abuse
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results
With these kind of results he is very confident despite no portfolio and no results.
Bah hambug!
2020-03-25 16:34 | Report Abuse
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results
With these kind of results he is very confident despite no portfolio and no results.
Bah hambug!
2020-03-25 16:34 | Report Abuse
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results
With these kind of results he is very confident despite no portfolio and no results.
Bah hambug!
2020-03-25 16:34 | Report Abuse
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results
With these kind of results he is very confident despite no portfolio and no results.
Bah hambug!
2020-03-25 16:33 | Report Abuse
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results
With these kind of results he is very confident despite no portfolio and no results.
Bah hambug!
2020-03-25 14:41 | Report Abuse
Also, your concept that if the government has a large holdings in the company it will ALWAYS step in to help it out can be a very dangerous assumption if things go bad.
https://www.malaysia-today.net/2015/09/22/the-perwaja-steel-scandal/
You have to look at Sapura in totality and understand it as a business. How are its revenues structured? Where is it coming from? what are its dead weight assets (the OSVs) How efficient are its FPSO? What are the margins are they getting from their O&M, drilling and exploration profits? And most importantly, is it enough to pay their loans and debt obligations and give a profit to investors at these prices?
To simplify, you cannot look at revenue and orderbook alone to judget the quality of Sapura. Since you are in O&G business, I am sure you have been to easier to navigate locations and high risk areas? I have heard horror stories from old classmates who worked in North sea, so when you want to study sapura you need to understand a few core concepts:
1. Cost of oil extraction and production (russia is USD 30, Saudi is USD 5. Sapura so far seems to be in the region of USD50)
2. Efficiency of equipment and team (return on capital employed)
3. Profit margins and Net margin
For sapura, their quarterly revenue has remained steady around the 1.7b range quarterly. Out of this:
1. Their operating expenses were 1.69 b (very very high ratio compared to revenue)
2. Out of this, their finance cost is 150 million every quarter (meaning they have to pay 600 million in interest and debt reduction every year), not to mention taxes.
3. They have already sold many assets and profitable businesses (https://www.thestar.com.my/business/business-news/2018/11/30/sapura-to-sell-stake-in-drilling-division). Meaning they will not be growing, but are in serious cost cutting measure. When oil war is going on, how will they sell their under utilized assets?
4. How long can their cash in hand last before they need another influx either from private placements, sales of businesses and assets at force sell prices, or more debt increases?
5.Continuing operations:
Revenue Operating profits
E&C 1,592,166 16,089
Drilling 185,860 (48,151)
E&P - sold 14,277
In a nutshell, their operating profits from engineering and construction is 1%!! and their drilling will always be a negative amount. And since they already sold their profitable exploration and production to OMV ( which was supposed to be the big help), you have a company that is only hoping to survive by selling assets to people who do not want them (thus selling at cheap prices), while trying to get whatever contracts at hand just to keep going (instead of doing profitable contracts at good prices).
I think understanding the business directly, will give you a deeper outlook to the company's future, instead of just betting on the accounting land figures which can be massaged anyway you like.
Real World Numbers never lie.
2020-03-25 13:53 | Report Abuse
In my opinion sapura energy is very complex and dangerous. Firstly if you are in O&G business, may I know which part? O&M? H&S? Production? Exploration? Manpower? QC?
In either case I repeat my previous analysis
"As you probably know in upstream business,
There is,
Engineering & construction,
Drilling and completion,
Exploration & production,
Operation & maintenance
Back in the early years of 21st century when price per barrel hit 90+, doing exploration and drilling was a very very profitable thing so do. Companies like Sapura and Armada structured very bad deals due to greed, where they had joint ventures with oil field concessionaires and countries to do PROFIT SHARING on exploration and extraction activities. As you now know, this was a very bad idea because as the share price drops, their profit margin drops. I believe their BREAK EVEN costs were something like 50 or 60 per barrel for deep water production. So as of today with advances in fracking and oversupply the price per barrel had been dropping by a very huge amount, causing huge long term losses and impairment with those companies. In the long run the price per barrel will surely recover, but like WorldCom back in the day planting undersea telecommunication cables everywhere, the one to profit in the next cycle will not be them.
Contrast that to yinson, their business model is very straightforward. FPSO charter per man day fixed contract only. Also an initial down payment to pay for ship conversion, and a fixed sum penalty in case of early termination of contract.
Very simple very straightforward. Their specialists are from Europe ( they bought over entire European company to start the FPSO business a long time ago), and they don't have to worry about the price of oil per barrel, as their contract can be bareboat charter or inclusive of operations & management.
Simple, clean and easily understandable. While Armada and sapura are hit by lawsuits ( due to not understanding what they were caught in, blinded by greed and just expanding for expansion sake), every YINSON deal is like the bus company which they started out as. Although in this case the passengers pay to build the bus, then pays a daily rental, and send in their own mechanics, conductors and driver to run the bus. Yinson jobscope is just to provide the bus. Slightly simplified, but you get the gist of it.
I like simple things that I can understand."
2020-03-25 08:30 | Report Abuse
I think this is a stupid concept, because a lot of my friends are stuck now with bank loans that they cannot service due to building shoplots and houses that no one wants to buy and they can't sell off due to low demand. You should only build something that people want, and not because you can.
>>>>>>
Sslee Haha
Most of plantation company jump into property development because they have many cheap plantation land near strategy location and reap for property development.
24/03/2020 1:31 PM
2020-03-24 17:26 | Report Abuse
Sorry, this is not a micro cap company run by speculation and retailers. This is 10+ billion dollar company owned by institutions, your epf, ASB and many mutual funds. Good luck getting then to listen to you, invisible person with no portfolio or history of investments.
>>>>>>>>
apple168 Last chance to escape...
23/03/2020 1:06 PM
2020-03-24 13:10 | Report Abuse
My opinion is very simple. If a company is unable to grow the business or have further use of unexpended capital, the right move is always to increase shareholder value by buying back shares or giving out dividends. A company that hoards cash and doesn't do anything with it is a horrible company (although icap seems to be on the move with the recent market drop. We will see).
I hate companies that also do the opposite, taking loans to give out dividends, which hurt the company growth.
I hate even more companies that move out of its core competency and use the cash hoard to move into businesses which it has no benefit organically, growing just for the sake of growing. It would be like a palm oil plantation that jumps into property development, or a timber company that jumps into building automation systems.
The best is companies that buy back shares when it is cheap, gives out dividends when there are no good opportunities in the market, and conserving cash when it is needed.
Obviously, with a 200+ million cash hoard and 13 billion orderbook with multiple happy subcontractors that are paid based on progress claim (which is charged back by GKENT), they feel confident enough with their quarterly earnings to aggresively buy back shares.
All we need is patience to see how everything turns out.
2020-03-24 11:18 | Report Abuse
But did management have enough cash to buy back 5% + of shares and huge dividend yield while waiting for LRT3 earnings clarity?
>>>>>>>>>
calvintaneng NETX IS TSUNAMI SHELTERED
1) CASH RICH & DEBT FREE
2) INSIDERS STRONG BUYING SUPPORT
3) GOOD JOB PROSPECT IN NFCP
4) FUTURE TECH COMPANY
5) SELLING AT PRICE TO CASH DISCOUNT UP TO 60%
6) SAFE, SOLID & SOUND BALANCE SHEET
7) THE SAFEST STOCK IN A TIME OF FINANCIAL CRISIS LIKE NOW!!!
23/03/2020 4:29 PM
2020-03-24 11:15 | Report Abuse
Yes of course, it is still part of malaysia. You still need to travel back every 3 months with IC, much longer if you bring passport. Just consider it as a PR status, same thing. IF you can buy property in Singapore, you can buy property in Sabah and Sarawak.
2020-03-24 11:03 | Report Abuse
the only difference is CL land is 99 years ownership,after which renew or return back to sabah gov.
2020-03-24 11:01 | Report Abuse
Please ask them how mahsing, gamuda, IOI and IJM also able to buy land to do development in sabah and sarawak despite coming from west malaysia.
Clue: Ask them the difference between CL land and NT land.
>>>>>>>
Posted by Sslee > Mar 24, 2020 7:37 AM | Report Abuse
Dear Philip,
I have colleagues from Sabah and Sarawak and they told me only born Sabahan or Sarawakian are allowed to buy land in Sabah or Sarawak. How you manage in buying land?
2020-03-24 05:04 | Report Abuse
Calvin is still trying to fear monger.
Funny how Mr market reacts. Fearing the truth about NETX NFCP delay, and having his entire stock networth (50k sgd) into NETX he is having huge panic and starts deleting every commenters post on NETX forum hoping people will not realize the truth... However he doesn't realize the heavyhanded censorship is casting netx on a very negative light and anyone with half a brain will avoid speculative stocks during times like this when wonderful companies with decades of profitable growth in earnings and revenues are lying by the wayside. And so you know the true motives of this greedy pastor.
Not to help investors in selecting good profitable stocks for the long term. But to make a profit by buying cheap and selling high speculation to new investors caught up in his hurrah. Passing the buck to the next idiot just like in talamt, scomies, bjcorp and others.
Maybe Calvin can learn a thing or two: my fastest growing stock now is topglove, and it is also the one I comment the least on the forum.
Taking bad about other stocks to push your own penny stock that is not God's way. It is the greed of man. Even I do not go around telling everyone to sell NETX to buy ql or yinson or topglove. You are a lot life character with no respectability, and you will be judged in your own way in the end. Especially when you make use of His name to cheat and make money from investors.
>>>>>>>>>
Philip can lose Rm50 millions and live modestly in Tawau catching fish from seaside
By then you will have your retirement fund ruined buying into Petchem
At the bottom of Great Depression a stock can lose 90% of its value
It is possible that Petchem can crash to 80 sen
23/03/2020 6:07 PM
2020-03-24 04:51 | Report Abuse
Hi enigmatic,
Thanks so much for your concern. Sabah has the second highest growth in cases now, mostly from the East coast side of tawau and semporna. It is very worrying, and I have asked my plantation team to sit tight and stay in the farm. I myself live in Kota kinabalu which is not so bad, but fear is evident everywhere. Lucky
I consider myself lucky because on my own land with only one main house so able to sit tight.
I do worry alot about all those who are living in apartments and HDB flats as they cannot control what others are doing and surrounded by fear everywhere.
Hopefully we can all pull through without needing to resort to more military action. Luckily I have started dabbling in hydroponic vertical farming after my retirement so currently enjoying a lot of fresh vegetables from my greenhouse.
2020-03-23 18:01 | Report Abuse
Don't worry about me Sslee. I have gone through many crisis, so far surviving my 3rd major stock crisis (Asian financial crisis, dot.com crisis, 2008 uSA housing crisis). In each case, I became more and more convinced that holding on to wonderful companies send to be the most important thing.
In either case, topglove is still up, ql is still up, stoneco is still up, yinson is still up.
So until then, my margin is still covered.
If this is it first crisis, just be calm, relaxed and realize that opportunities are everywhere now.
>>>>>>>>
Posted by Sslee > Mar 23, 2020 7:54 AM | Report Abuse
I think the way market heading to, very soon philip will need to sell somethings to cover his margin call.
2020-03-23 17:55 | Report Abuse
Yes and I am going to buying more stocks every quarter. As my favorite stocks are all still positive.
Manhole, NETX has what after delay of NFCP? Too bad,
Even Berkshire Hathaway shown drops of more than 50% during crisis. The difference is what happens in the long run.
As long as my main stocks, stoneco, ql, topglove and yinson still remain positive, I will be able to deploy more capital and investments to buy more of my favorite stocks at wonderful discounts.
>>>>>>>>
Posted by calvintaneng > Mar 23, 2020 5:08 PM | Report Abuse
TODAY THIS GRUESOME PORTFOLIO SHOWED A LOSS OF RM14 MILLIONS!!
2020-03-22 10:07 | Report Abuse
Don't worry, redtone even without NFCP is a profitable company with many good departments. On the other hand I'm quite sure NETX cannot survive the tsunami without NFCP orders or speculations.
>>>>>>>>>>
Posted by monetary > Mar 21, 2020 3:08 PM | Report Abuse
Calvin. whatever we say Mon all stocks will retrace. believers can collect. non believers can sell. Philip. I will b glad if u can give more concrete input so tat ur reputation among i3 members won't b jeapordised. I always enjoy reading ur research.
2020-03-22 07:44 | Report Abuse
LRT project is considered a necessary construction because it is a critical transportation in City areas and already progress tracked to 43%.
NFCP is a baby which hasn't even started yet.
Which is easier to cancel?
Think think think.
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
>>>>>>
>>>>>>>
Posted by calvintaneng > Mar 21, 2020 2:07 PM | Report Abuse
PHILIP IS BIG HYPOCRITE
IF GOVT CANCELL ALL JOBS THEN WHY KEEP GKENT (going kaput)
See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-03-19...
2020-03-22 07:07 | Report Abuse
Far far far better to buy a profitable company with good long term prospects than to buy a company with 8 years of losses and banking on NFCP which had been delayed indefinitely.
So now how?
>>>>>>>>>
calvintaneng No losing money last time does not mean not losing money in coming depression?
Even MIGHTY US STEEL CLOSED SHOP WITH OVER 220,000 WORKERS LAID OFF
See this very very very carefully https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-03-19...
21/03/2020 2:09 PM
2020-03-21 12:52 | Report Abuse
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
>>>>>>
2020-03-21 12:49 | Report Abuse
Sorry to tell you, my yinson is still up, my ql is still up, my topglove is still highest price ever. My stoneco is still up from when I started my purchases.
I am making a good profit.
Why am I still here? I am trying to explain in a forum what is a good company versus a bad company. You still dont know?
Your confidence in Insas is overwhelming. Good luck to you. Just dont let overconfidence ruin you.
>>>>>
Posted by leno > Mar 21, 2020 12:45 PM | Report Abuse
kakakakak ... u think u make more money than me ... i think i make more than u ... who is right ? HAHAHAHAHH ... u can prove u make more than me or not ?
I said i make millions from insas ... that is why i still in insas ... make sense ?
U say insas lose money .. then why fak u are still here ? HAHAHAHAHAH ... answer lar .... yet u still canot answer this simple question.
I did not say other counter cannot make money worr ... did i say that ? Did u see i go other counter tok kok ? No right ? Because u can make money in other counters as well.
U say i lose money .. are u sure YOU dont lose money in your counter aaaa ?
Actually if u think logically ... the REAL REASON u come to insas counter to tok kok is because u LOSE A LOT OF MONEY in your own counter. HAHAHAHAH .. SPOT ON right ? Make sense right ?
That's why i keep expressing DEEPEST CONDOLONCES to those who come to tok kok about other people counter. Like i said ... bad people will suffer bad karma .... amitabha .... sinchoi sinchoi ....
2020-03-21 12:45 | Report Abuse
Show me proof the NETX has received a Letter of Award of Memorandum of Agreement for NFCP tenders with any of the major winners (FGV, DIGI, TIMECOM, TM) and I will buy netx now.
Problem is, they dont have it, they will not award to NETX any.
And more importantly, Government has not issued and LOA to anyone for phase 2.
Sorry to tell you this, but the news of indefinite project delay is official and confirmed.
Hopefully the other non-NFCP departments of NETX will pull it out of the water in the coming years.
Good luck pastor Calvin.
2020-03-21 12:41 | Report Abuse
TENDER doesn't mean awarded LOA. Only LOA with firm progress can be billed, you don't know that?
And the news is not lies, its official. What is lies is you saying NETX has received NFCP tenders and telling everyone to sell stocks in other forum and buying NETX.
That is a lie.
2020-03-21 12:34 | Report Abuse
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin Tan Eng Yee? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
>>>>>>
2020-03-21 12:31 | Report Abuse
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin Tan Eng Yee? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
>>>>>>
2020-03-21 12:31 | Report Abuse
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin Tan Eng Yee? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
>>>>>>
2020-03-21 12:28 | Report Abuse
Follow so what leno? you get rich from Insas? I doubt it. If you own a hotel and you keep giving rooms inside the hotel to other people, you dont get richer la. All that is happening to your shares is it keeps getting diluted, and you keep losing opportunity costs.
Now, Insas is giving out warrants and preference shares that make their directors rich at the cost of shareholders. You still wondering why you can't make money from INSAS while insas management doesn't even buy back 1 single share or increase dividend? Too bad, you have been taken for a ride.
Compare that to properly run and managed companies like QL which treat their shareholders like business partners instead of annoying pests. The difference is huge. No unncessary warrants
(which dilute shares), increasing dividends, properly managed share capital, high cash levels, good investments in Family Mart (instead of roset pacific car and dome coffee).
Now is the time you can finally invest in quality companies that reward shareholders,( when public bank is RM12, when genting and hapseng and so many wonderful companies are selling half the price of last year despite all time highs in revenue and earnings) and you STILL want to invest in average companies?
I follow (KEEP BUYING) QL since 2009, compared to you follow insas since 2000, which has been more profitable?
Just ask yourself what was 2019 lows for INSAS and the 2020 price today. Then compare that to 2019 lows for QL and Topglove and Yinson and compare that to 2020.
When the tide comes out, you finally see who is swimming naked.
>>>>>>>
leno question remain the same ... if insas really has poor business, rpe roa ... then why fak u still doin in here ? U should be very busy in your high business, high roe roa counter .. No ? Wat is your intention here ? Not good right ? I am not goin to tell anyone about insas business ... for wat ? HAHAHAHAHAH ...but just for sslee ... there is a simple reason for the RPS ... ah thong got so much money. He dont wan to put in low FD. I dont make this up. Free warrant and rps will be comin up this year ... many times already ... i follow insas since year 2000 ...
20/03/2020 3:22 PM
2020-03-21 12:23 | Report Abuse
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin Tan Eng Yee? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
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2020-03-21 12:19 | Report Abuse
sslee... GKENT management is buying back average of 300K shares every day with their money. With a net outstanding share amount of 563 million shares, and bought back 25 million shares already, what do you think is going on? and why is Insas not doing the same thing with their 1.5 billion in assets and cash?
21/03/2020 12:18 PM
2020-03-21 12:18 | Report Abuse
sslee... GKENT management is buying back average of 300K shares every day with their money. With a net outstanding share amount of 563 million shares, and bought back 25 million shares already, what do you think is going on? and why is Insas not doing the same thing with their 1.5 billion in assets and cash?
2020-03-21 12:17 | Report Abuse
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
>>>>>>>>
https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-The-Oil-Price-War.html
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
Read more here:
>>>>>>
2020-03-21 12:03 | Report Abuse
PCHEM has a history of never losing money, dividends and good capital investments.
Calvin is trying to sell a mirage by pushing NETX. There is no mention of netx winning NFCP, and no information from management that they are actually bidding or have past business (within the last 5 years) with winners of NFCP projects.
"NETX ON THE OTHER HAND HAS GOVT ECONOMIC STIMULATION BY NFCP PROJECTS"
you are posting these flawed sentences without any confirmation of NETX getting NFCP projects.
But here is the truth. NETX has never made money since 2011. PCHEM has never lossed money, even until today. PCHEM has 12 billion in cash, with a valuation of 35 billion. NETX despite cash from subsidiaries, does not take any action to buy back shares or give a dividend, despite having 107 million in cash and assets (according to calvin). Why? PCHEM has IPIC, a huge wonderful petrochemical complex with 3.3 mpta in production capacity, and sitting on huge supply from aramco. NETX has.. nothing. No Letter of Award for NFCP. No profits. No growth of revenue.
Then, why is Calvin trying to get everyone to sell shares and buy NETX?. What does he have to gain? That is for you to consider.
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Posted by calvintaneng > Mar 21, 2020 10:43 AM | Report Abuse
You don't invest by looking at the past
SEE AHEAD
PETCHEM IS DOING CONSUMER DURABLES (NOT CONSUMER STAPLES LIKE FOOD WHICH IS A MUST)
IN BAD TIMES PEOPLE ONLY SURVIVE ON VERY BASIC NEEDS LIKE BASIC FOODS
SEE https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-03-19...
SO PETCHEM WILL BE HIT VERY VERY HARD AS CONSUMERS DURABLES WILL DECLINE
BECAUSE OF GREAT ECONOMIC COLLAPSE
NETX ON THE OTHER HAND HAS GOVT ECONOMIC STIMULATION BY NFCP PROJECTS
COMPANIES THAT SURVIVED THE GREAT DEPRESSION DEPENDED SOLELY ON GOVT LARGESSE
SO NETX HAS NFCP FOR 5 YEARS COMING AHEAD
WISEST MOVE IS TO SELL ALL PETCHEM AND HIDE IN THE SAFETY OF NFCP STOCKS LIKE NETX, OPCOM OR REDTONE
SEE
https://www.investopedia.com/articles/economics/09/john-maynard-keynes...
2020-03-21 11:05 | Report Abuse
What do you mean there in no proof? How do you about the flu virus and chicken pox? It makes basic sense. You self isolate. It has already been proven that this virus spreads similarly to Sars and flu like symptoms.
Why are you arguing this point? Trying to show a rebellious side for fun? Why don't you just check and read articles and watch videos on how it spreads in China and how china and donate have been successful in controlling the clusters.
You main cakap saja. Faham dulu cerita sebenar baru comment. Baca Dan baca lagi.tak pakai otak tapi nak cakap besar...
Mesti yg pergi tabligh ini Dan fikirkan Allah akan selamatkan semua tanpa menjaga diri sendiri.
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DreamKentut There is no proof that self-quarnatine is the solution.
There is no proof that movement restriction is a solution
It is an idiot's decision to fight an invisible enemy.
The government's suggestion is
"Hide and pray, then the virus will leave you because you have been an obeidient person."
What happend to medical science?
What happened to all those geniuses who drip brains through their nose, ear and arseholes? Why no solution?
Did medical science fail? Modernisation failed?
20/03/2020 2:04 PM
2020-03-21 10:54 | Report Abuse
Whenever I read comments like this I feel how shallow and brainless a huge part of the population is.
The MCO is mean as a conformity and mutual support from all individuals in the country to combat the virus. The general call is for "self isolation" to slow down and freeze the movement of the virus.
Every individual "rebellion" costs the government resources and manpower to handle which wastes time and work which can be easily spent to do other work.
Looking at the video, the individual can easily just say ok, go back buy a skipping rope and do jump ropes in the comfort of his own home for only 2 weeks.
But arguing and complaining causes a big group to come, video, police and individual which increases the possibility of spreading virus ( the whole point of MCO).
And trying to say death just because of 2 weeks no exercise shows idiocy and complaining just because they can.
If everyone just gets with the program, then police officers can be deployed elsewhere and actually do their jobs.
Please understand, healthcare and government forces are being stretched during this trying period. Being selfish and "smartass" does nothing for the general public. Arguing the letter of the law instead of understanding the point of the self isolation is the height of stupidity. What if someone will positive results were to go jogging and spread to police officers? How would they have known? Why take the risk? Why cause such a fuss?
Only academics always think they are right.
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Posted by Ricky Yeo > Mar 20, 2020 12:02 PM | Report Abuse
I dont really see anything wrong with this. Not like you're group jogging, or spraying COVID into the air or touching the trees while you jog so someone touches it later gets infected. I agree gym is bad but outside jogging as long alone and social distancing is still fine. And also consider the consequences of entire nation of no exercise for 2 weeks, how much death can be attributed to that? That's an invisible risk.
2020-03-21 10:36 | Report Abuse
Even a child understands, how can Calvin tan who is supposed to be a super investor not understand?
The only explanation is he is losing money in NETX and fast losing supporters with no nfcp contract in sight. So his method is to fabricate imaginary bad news at other counters and fabricate imaginary good news in his NETX counters.
But a millionaire who only puts in 50k sgd into NETX versus someone who pours millions into this discount market. Who do you think will profit most in the long term and who is the one buying at cheap prices?
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enigmatic ¯\_(ツ)_/¯ Crash below RM4 and run to NETX?
PROFITABLE PCHEM has always made profits in every quarter.
LOST-MAKING NETX has been making losses since 2012!
Assuming PCHEM only rises to RM4.20 next year from RM4 now, a surefire 5% profit is made on top of dividends gained.
Much higher profitability than NETX maintaining at RM0.020 next year.
17/03/2020 11:14 AM
2020-03-18 19:18 | Report Abuse
I don't understand.
What makes Calvin think I put everything in one basket?
I have Palm oil plantations in tawau. I have EPF. I have fixed deposit. I also have ASB ( Max 200k) and also a few bonds. I have a shoplot in SS15. And a house.
Who needs more than 1 house? You can only live in one. Staying in more is depriving others if a necessary resource, a home.
But it is true.
I am buying cheap shares at good prices now.
Happy to keep buying more.
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calvintaneng Heheheh
At least I don't put everything in one basket
I diversified into landed houses
Dumb dumb Philip committed more than Rm65 millions with margin into a crashing market
18/03/2020 5:26 PM
2020-03-18 16:43 | Report Abuse
If you mean manufacturer then yes they are. They have been doing it for the last many many years.
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SHQuah Philip.......Is Gkent the only company in Malaysia and SIngapore that supply Water Meter ?
Monopolies ?
18/03/2020 2:42 PM
2020-03-18 16:38 | Report Abuse
Fair price is whatever George Kent is willing to pay to buyback shares. They just bought back more than a million shares at low low price.
Insider buying back shows they have the resolve and the cash to pull through.
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17-Mar-2020 Insider GEORGE KENT MALAYSIA BHD buyback 260,000 shares from 0.485 to 0.535 on 17-Mar-2020.
17-Mar-2020 Insider GEORGE KENT MALAYSIA BHD buyback 927,000 shares from 0.540 to 0.780 on 09-Mar-2020 - 16-Mar-2020.
2020-03-18 11:11 | Report Abuse
One of the many signs of a wonderful company of a wonderful company is a high cash level and the ability to buyback huge amount of shares during crisis periods.
Look to companies that have enough cash to ride out the crisis and at the same time deploy can to buy back shares.
Blog: BE VERY CAREFUL NOW! DON'T GAMBLE (INVEST IN SAFETY) ASIAN FINANCIAL CRISIS MIGHT REPEAT & HIT YOU HARD!!
2020-03-25 16:46 | Report Abuse
Honest comments from people who actually have met you before.
It truly is harder for rich people to enter the kingdom of god than for a camel to pass through the eye of a needle.
Trash.
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Calvin,
Honestly, your conduct the last 1-2 years have been quite disappointing. I remember thinking you were a very nice person back when i met you in Johor, but honestly, the way you've been acting in pushing companies like these, It's not good.