Their local Sabah division owes me money, and their support office in tanjung aru plaza always empty and no one around all the time. Plus no management arm around most of the time. The hydro project announced but site is empty until today ( I was there last month).

This leaves a bad taste in my mouth. And the middle East projects are also very shady from my point of view. I can't monitor any connections and ongoing projects resolutions.

I'm not investing in companies which don't for my scuttlebutt criteria.
It may be very profitable, but for me the risk is high.

Pass for now.

Wow, I'm impressed, company buybacks are bad? Its cheaper and more effective than giving out dividends, and they are buying back at a low price.

That's bullshit and we both know it.

>>>>>>
Posted by optimusprime88 > May 3, 2019 5:02 PM | Report Abuse

insider new PP issue price going to fix at 60sen

i got the source

Those who don't know how to evaluate risk, really nothing much to say just go and buy TALAMT, asianpac and karambunai hold long long time. Those who know how to evaluate risk, hold and hug their ql tight tight.

Pity those who follow Calvin to hell.

>>>>>>
Posted by calvintaneng > May 2, 2019 6:18 PM | Report Abuse

QL is Quickly lock up

Sorchai follow Philip got capital locked up while

Calvin or call win already

Made from lafarge

When is profit not a profit? When it is stuck as a uncollectable trade receivables that has to be impaired.

Think about this logically. A Sabah timber company turnaround with a market cap of 20 million getting a 20 million contract from a company that sounds like a big company ( but is actually not), changing its name and hiding is tracks, and owner changed to different new young directors with a product you can get for cheap in almost every country these days (except in Malaysia where ERP still sounds sexy. Please. Its just another management software.)

Why are people buying now and pushing this microcap up so high?

Why not wait until they convert the announcement into "real" cash and pay a dividend, buy back those 1 billion units of stocks and treat shareholders like partners?

My advice:

Kids who buy stocks like aturmaju should just stop buying stocks and just stick to mutual funds or fixed deposit.

Understand your INVESTMENT RISK first, then buy the stocks. Not calculate your PROJECTED PROFIT first, then buy stocks.

Big difference.

And Calvin tan Eng is wrong once again.

I'm IT savvy. I don't have a single cent in this company, and I don't intend to. If it shows me 1 year of (collected) profits from ERP and not just trade receivables ( billed but not collected), then I might consider.

On second thought nope. Too much risk involved in any case.

I am worried. I think something bad might have happened to him. I hope he is doing ok,

Mr market at work. Still one day buy one day .

>>>>>>
Posted by calvintaneng > May 2, 2019 2:53 PM | Report Abuse

Lafarge

LA fa

LA fatatt!!

Wahaha!!!

Another chun chun call of Calvin Tan Research

>>>>>>>>
Posted by calvintaneng > Apr 29, 2019 10:14 AM | Report Abuse

Time to take some profit in Lafarge and switch to Kps now

With lowered profits and a murky future, how do you know you are getting 6% dividends in the future?

>>>>>>

Because if they are able to buy at rm3, they will enjoying almost 6% dividend after 2months time

All I can say is, PCHEM will introduce more supply in the coming years when PIC comes online in the coming years. It will be a direct competitor to Lotte.

I have no idea who will win in the long run, but a price war will impact margins, and the company with lowest margins always end up the loser.

I was told that a fire so big it could be seen and heard miles away from pasir gudang has failed to stop the completion of PCHEM complex.

It is still going to be completed in Q4 2019.

This is a textbook case of buying wonderful companies at a fair price and buying fair companies at wonderful prices.

Maxis and parkson cannot be compared at all...

Maxis has 2 billion revenue, 400 million profits, 18% net profit margins and 5.7% roe.

One is a REAL RED SEA with suppliers and competitors in all corners.

The other has only a few limited competitors like CELCOM, DIGI, YTL..... AND MAXIS.

Totally a blue ocean with fixed competitors ( you can't get online licensing of cellular services).

Calvin is really funny sometimes. This is how he loses respect and readers and believers.

Or he wants everyone to sell so he can buy low?

In either case.

SHAME ON YOU.


>>>>>>

2019 4:32 PM

calvintaneng MAXIS IS IN A SUNSET INDUSTRY JUST LIKE PARKSON HAMMERED BY E COMMERCE

SELL MAXIS NOW!!

When you go and buy a bottle of beer the price is RM10. When you go and buy 10 crates of beer the price do you think will be RM10 each as well? Obviously not. There are many intricacies to buying stocks, most importantly patience, discipline and consistency.

In this case, one must stay invested in the stock market to gain the 100k in the first place ( or make a lot of money elsewhere). Speculating in this manner (call it what it is) is insane and a crazy way to introduce new investors to a high risk form of speculation.

Putting 99% of net worth in a warrant gives you added complexity. On top of needing to understand how the company will work out in the long term, you also need to understand the momentum of the warrant. People who buy needs to understand the time value of the warrant, what is the market Volume, the market volatility and most of all the RISK involved.

That will determine everything.

If you take it theoretically ( for me it became a painful reality),

If you had 10 years of 85% portfolio growth, then followed by just 2 year of 85% losses, you would basically have burnt all your profits in one sweep. Very stressful way of "investing".

You need to understand risk. Especially if you don't get to enjoy dividends.

Having said that options ( warrants) trading is a very good tool for making short term money, if you accept it is a trading and speculating method.

I have friends who do this on a daily basis and they have a great career.

They would however put capital risk protection as their first and foremost mechanism. No trade should be more than 5% of their capital invested, as the example I gave was what really happened. They would hold 35-40 stock options and warrants so losses are tempered by gains, not the other way around.

Safety first.

Derivatives have always been a weapon of mass financial destruction.

The best method is always to build up a position in a growing good company slowly, building up your confidence in knowledge and understand the competitive advantage as you go along. When you are able to recognize the difference between permanent loss of business advantage and capability and a temporary problem in the market, a slowly profitable 15% consistently over a long time with added dividends is far more preferable, especially when sleeping at night becomes a priority.

You can either call it luck of call it skill ( I think luck and timing plays a huge HUGE part), but I think staying invested in the stock market and holding on and reinvesting in wonderful companies really make a difference. You just need to be able to monitor and aware that wonderful companies will also slowly turn into bad ones sooner or later. There is no such thing as buying and holding forever, you need to buy and hold but minoring quarterly is the key to everything.

No idea totally, I live in Sabah haha. You would probably know better than I do.

I thought you are selling everything and going into cash? Ql = quietly laughing to the bank.

For me I keep it very simple. Not that I am smart or anything, but because Warren buffet started it first and it made very much sense to me. We need to blot out noise and stick to details that matter. Profits, revenues, debt, cash, assets form the quantitative. management capability, industry growth prospects, business competitive advantage, market volatility forms the qualitative.

The news that foreign investors are leaving Malaysia in droves has caused some irrationality in the market allowing me to buy good stocks at cheap prices.

The global index, stock market performance, China USA relations I'm sure is a very real thing, but it will not affect much the price of chickens I buy or the make me stop driving cars in Malaysia.

In similar fashion, a good company will still run and make money just as a bad company will continue to lose money.

In the long run, it doesn't matter how the market reacts, as long as you continue to buy good companies and keep being invested in owning those good companies.

The trick is what's to recognize when you have a temporary business problem and a permanent loss of competitive advantage.

https://markets.businessinsider.com/commodities/oil-price

If we look at the technical outlook, there was a sharp drop in oil barrel price but moving averages, shougi and preseasonal factors will show that the oil price will range between the Brent 70-80 per barrel range. Of course momentum may change and the falling star(douji) may occur to bring the price down to the 50-60 range, which is within the 3 year and 52 week range. We shouldn't see anymore blitzing at 40 range anymore as this oil "war" has been costly for all involved. Of course if we look at longer term >5 years the crude oil price is on the uptake, and if we have a far right contrarianistic outlook we can project up to 100 per barrel, which will be a good beginning for the new pH government and all involved.


I project the oil barrel price to hold steady at 50-100 range, with a lookout at 40 for the short term, at 100+ in the long long (long) term. I base this on the total population of the world which is increasing, the usage of energy ( oil is still the cheapest form of generation or kWh) and the overall prospects of the industry.

Based on calculations and a report by MIT, even if all the cars in the world became electric. The energy usage will grow to undocumented levels in the next 50 years, and oil will still have it's place ( until everything gets used up).

Sorry for the satirical outplay, but I think you should put this into the too hard pile. There is no way we can be right (or wrong) in any specific prediction of the oil performance.

Many institutions and research companies have been wrong on this prediction thing smarter than you or I will be. George Soros made a lot of money in the previous oil crisis, but loss big in the next one ( as well as sold all his Google, Apple and Intel shares).

https://www.google.com/amp/s/amp.businessinsider.com/r-soros-bet-on-devon-energy-transocean-ahead-of-oil-price-rise-2015-2

Qqq3 any reason you keep a secondary account ( stockmanmy) ? The prose, writing style and comments are the same. I'm interested to know why you do it that way?

Everyone knows it's you. Right?

OK CALVIN SIFU WILL TAKE YOUR ADSSVICE. SELL AND BUY WHAT AH? INVEST IN TALAMT? YOU BOUGHT LATEST PRICE AT 5.5 NOW DROP to 4 CENTS. WITH NO DIVIDEND LEH, HOW AH? CAN BUY MORE NOW AT 4? OR CUT LOSS?

>>>>>>>

Posted by calvintaneng > Apr 23, 2019 10:27 PM | Report Abuse

HIGH CRUDE OIL PRICE MEANS EXPENSIVE RESIN FOR SYNTHETIC RUBBER

THIS WILL HIT TOP GLOVE EARNINGS BADLY

SELL ON REBOUND NOW!!

Meanwhile I heard nestle giving out 2% dividend leh, and growing every year the dividend. So how leh?

Stockraider is definitely right, if talamt can go up 0.5 Sen a day everyday definitely can get 10% gain a day. Very very true.

But how come until today talamt share 2014 price is 8 cents, today 2019 price is 4 sen leh?

Until today the market cap still below 200 million... Nestle market cap 34 billion.

Logic somewhere not right leh. When you promote talamt it climb to 5.5 cents. But now drop back to 4 cents.

How ah?

>>>>>>>

Just imagine today Talam today and yesterday up tiny 0.5 sen a day everyday, it already mean outperformance, it is a very substantial 10% gain a day loh.....!!

I do the same way, however with the added caveat of buying and planning for the long term, but monitoring on a quarterly basis the performance. Active management, but not too active. Meaning I don't do trades, I don't buy into warrants, I like dividend paying companies that grow their dividend over time, I don't buy into hope ( turnaround, white knight, distressed debt etc).

I like my companies clean and predictable.

I think I have had the chance for quite a while, I already have a big position (in my portfolio) in the biggest glove manufacturer in the world, topglov.i don't think HARTA is very much different from TOPGLOV in terms of competitive advantage, and currently I also have other stocks in my portfolio in different industry. I try not to clash and just concentrate on the best in each industry:

YINSON : FPSO charter
Ql. : daily consumables
TOPGLOV: glove manufacturing
PCHEM. : Petrochemicals
STNE (NASDAQ) : fintech
Gkent. : Specialty Construction

I think the cost of selling topglove just to buy harta would probably not be worth it for me in this stage, and I am mostly using my dividends from TOPGLOV these days to buy more TOPGLOV shares

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.

No need to be so emotional shquah. If they keep writing because things it is even better as if the price can go down by 30th April when I receive my dividends I can buy more stock in it.

Pitiful man searching for likes.

Calvintaneng Tunnel vision philip has read Walter Schloss already?

>>>>>>>>>

You think just because you invest in 50 stocks you become Walter Schloss? In that case if I go jogging every day then I am comparable to Usain bolt?

Very funny. Walter Schloss won't invest money in twlamt, destini and other lousy counters like you lah

Foreign funds have been fleeing Malaysia since 2014.

1. Who cares what the contra is. In many countries ( even in nasdaq) where I invest there is no such thing as contra. Everything is moving day faster and more efficiently. You put money in interstate l immediately, you get money out immediately. It will not change the business fundamentals of bursa much.
2. Maybank makes 2 billion in earnings every quarter. If the loan goes up in smoke, will it be a continuous drag on future mbb earnings? No right? It will be at most a one time thing. The share price will definitely drop, causing mbb shares to be very very enticing. Look at salad oil crisis for amex. Same theory. Most likely same investment pattern. You have me another chun Chun buy call in Maybank this year.

3. Bond selling and foreign investor fleeing has been going since 2013. Here is real data.10 years for you to understand where we are in the market cycle.

https://tradingeconomics.com/malaysia/foreign-direct-investment

Changing of government will always bring the stock market down. As long as you did not buy on margin, you will be ok. The drag on all boats will be unfortunate, but that means you will have a big discount for you to buy ( I bought gkent, pchem using the same methodology). In the long run with a transparent, new government with a interest in making the country ( not themselves) successful like in Singapore. I am VERY VERY optimistic in Malaysia's long term future. After have only one side of the coin for more than 50 years, I am excited to see how the other side will perform. If you can buy it cheap now, when Malaysia overall business starts to turn out better ( we are already in the worst position in decades), at the bottom we can only look up.

Be patient, if the foreign investment leaves, when Malaysian companies starts performing, they will be back with a vengeance.

4.& 5. The main reason for them leaving is because of low confidence in Malaysian business and stock market. There are many many value traps in bursa, many crooks, many goreng counters. Once all the bad companies are flushed out, companies like talamt, protasco, sumatec, karambunai, destini, t7, basically all of Calvin tan value traps are squeezed out and delisted, proper healthy companies will be left. After this great housecleaning, you will have more minority shareholders investing in good performing, dividend giving companies instead of all the really wonderful Malaysian companies being privatised left right center and nothing for us smallholders ( weida, old town coffee, bernas, etc).

Imagine if you were a foreign investor, would you invest money into North Korea?

Confidence and reliability is key. I look forward to a Malaysia spring cleaning.

I don't invest in JAKS, and the possibilities of Vietnam working out( in verify if Malaysia) is definitely not in it's favor. So the risk in investing too early in an endeavor which is not producing energy ( and more importantly profits) but has a fixed debt payments is definitely there.

But on the other hand every dog has its day.

Calvin buys 50 random stocks. Definitely not all of them are bad. He always has one or two with spectacular results while the other are always declining and losing money long term so Calvin can build on his creative accounting of being "successful".

Who knows? Maybe JAKS will have it's day in the sun as well.

No one can predict the future, what we do is understand the risk involved. Some use margin of safety. Some use deep value assets. Some use business competitive advantage. Others use historical revenue/earnings growth performance.

That's why investing is so interesting.

calvinT saw beautiful future in protasco,asianpac, talamt and karambunai.

All I see is rubbish.

Who is right 5 year from now? Only time will tell.

Comparing a country to tiger woods is such an exercise in simplicity. Whether or not tiger woods gets sponsored, sink or swim does nothing to the country.

You must understand that there is no physical thing known as Malaysia. The rocks on one side of the border is the same as on the Singapore or Thailand end.

A country is purely a mental fabrication. We "believe" in Malaysia, therefore it exists. We need "Malaysia", because in times of distress we need an institution that is designed to protect us, care for us and sustain us.

You say we should all govern based on meritocracy. But your assumption is only if it does not affect you.

Would you ask for a government bail out if TM goes bankrupt? Or TNB goes bankrupt? Or Maybank (or whatever bank you use) has lost all your savings and increases your house loans interest rate by 5%?

What would happen if tomorrow you could no longer withdraw money from your ATM machine? Would you then argue on meritocracy or would you ask for that government bailout?

I believe that pakatan harapan has done an excellent job in doing the best they can with the mess they have. They are only touching the tip of the iceberg of how badly the country is being managed.

But you are right:

Step 1 in alcoholics addiction recovery: knowing that you have a problem and owning up to it. Then you can begin healing.

The technology works, the problem was cost of electricity in Singapore kept dropping to the point hyflux IPP started to lose money. Their sanitation plant alone would have made a lot of money. It was their INVESTMENT into combined cycle power plant that was their downfall.

Next week will be there last date for those who invest not based on how much they could lose, but how much they would stand to earn by taking those unrated bonds.

>>>>>>

Hyflux is untested technology in a limited market

Calvin you do know there is a difference between bonds and stocks right? If 32 billion of bonds are taken out of the market, where do you think the companies are going to get their funding? From the stock market. When the bonds go off the market, companies will be more inclined to get more funding by doing more rights issues and preferred shares and warrants sales in the stock market. To increase that interest in buying private placements rtc, more and more companies will have to entice customers and companies by doing share buybacks to increase the price, raise dividends to make it more attractive to hold, do preferred shares (ICULS) to raise money.

The only companies I would be worried about are those penny stocks and dent ridden companies you like do much.

https://www.thebalance.com/how-bonds-affect-the-stock-market-3305603

Good riddance to investors like you, it's better if you just keep 80%of your money in cash and stop harassing good investors.

It's a wonderful time to start investing in Malaysia.

Look on the mirror and apply that too yourself. When other new investors disagree with you, I'm not the one calling them stupid and idiotic and low in intellect.


>>>>>>

you people who believe in whatever high quality method, stick to your own way loh. But just be open minded that other people's methods work as well.

Yeah I learned early on that Calvin tan is worth nothing in terms of the quality of his analysis. I just ignore him these days, and leave the usual remarks if the stock he promotes is a Jordan Belfort stock.

Happy Easter Calvin.

There are two ways to look at it.

Probability is right from an academic point of view.

I prefer the wb, cm and Seth klarman way.

In investment you don't have to swing at every ball. You can wait and wait and wait for the perfect ball, and when it comes you put everything into it and swing it out of the fences.

The trick is to identify the perfect ball.

My method is simple, when I connect with the ball I swing with full extension, adding more weight and strength as time passes, keeping your form straight and true.

If you do the math, if you can do non spectacularly 20% every year return for 8 years on a few carefully chosen stocks, your returns in the long run is going to be better than someone who did:

+15%
-10%
+70%
-17%
+69%
+47%
+30%
-25%

The math checks out. When Einstein called compounding the 8th wonder of the world, he knew what he was talking about.

When you add the fact that knowing your business well gives you the confidence to reinvest your earnings in bigger and bigger amounts, well then you would know what I am talking.

Capital preservation is about knowing risk. I would argue that excessive diversification invites higher risk ( looking at icon8888 track record) because you just cannot know 35 stocks well enough to see who will end up in MIT and HARVARD.

>>>>>>>>>


Reason is at large capital its not 'worth it' to lose a significant sum as much as gaining it....

the importance should be more on preserving capital than gains.

To be honest I am very impressed with dk66 on his research into JAKS, it is a good start as an investor, the level of detail is to be commended.

I always find those who can buy 35 stocks amazing as they are either have a very strong team of analysts to help, or they love to research on stocks or have a very strong analytical mind to know exactly how their chosen companies will perform over the long term.

Just reading and comparing peers and performance and comps on my few stocks is already almost a full time job.

Even more so reading almost 4-6 hours a day on annual reports,trade journals, similar companies, better investments at lower risk to replace my current stable of stocks, it will be a full time job when I take my early retirement in a few years time.

Kudos dk66, I truly hope you do well, and continue to put your research of JAKS into 2022 and use that mental model to see if your investment thesis is proven correct.

I myself used my past bitter experiences in investments and used it to improve my investment philosophy in the long term.

Your attitude will serve you well.

That's why I hate fake investment banker investors like this, so called pro but the moment someone doesn't agree, he gets overly defensive, can't defend his own point of view or results ( and talk so much crap), and resorts to calling other people stupid to prove a point.

I have enough of discussion with poor investors like icon8888.

I will let him talk about me as much as he likes.( I have never pointed out his faults but he keeps on with his senseless personal attacks)

I have had enough entertaining trolls and low class investors.

I will refrain from calling him idiotic and stupid. But you know what I think about your investing skills lah. I make average of 20+ every year and 5+% dividends every year, consistently for 10 years.

Those who only started investing in 2011 should probably study a bit more, insult a bit less.Much better than those make 100% over year than lose 30% the next, two steps forward one step back investing. It shows you have no idea whatsoever what you are buying.

You icon8888 are a poor investor incapable of handling large sums of money. It's time you realize that fact and stop insulting others who have an alternative view.

Bye little kid. Since now I know when you started playing stock market I realized you really don't know much about investing.

Bye. Good luck in your future investments.

>>>>>

Posted by Icon8888 > Apr 21, 2019 1:59 PM | Report Abuse

Most people focus on petty things like this.

It reflects your lack of intellect

Maybe someone should tell him the Bitcoin fever is long over? And other Taiwanese and Chinese companies are making MUCH more competitive graphic cards these days....

Looking at his catastrophic drop since her bought Nvidia, all I can do is pity him.

Our friend had been averaging down and down and down on his LCTITAN, and worse he doesn't even know why he is buying or why he is losing money on his INVESTMENT. No wonder he is irritated when there are alternative views on his stock portfolio.

Since he has 160% Tetris on his warrants, I wonder what his real long term 10 year returns on his portfolio are like.

>>>>>>

Icon8888 My portfolio 35 Malaysia stocks

2 foreign stocks : Taiwan semicon and Nvidia
>>>>>>>>>

con8888 Bought more at 415
30/01/2019 3:11 PM

>>>>>>>


Icon8888 Why keep going up geh ?

Anybody ?
15/02/2019 3:19 PM

>>>>>>>>>

but all these becomes non issue when you put on a long term investor cap

why pick this for long term ?

ask yourself what kind of company is this ?

answer : a world class company. It has economy of scale, financial resources, expertise and proper governance to go very far

The biggest difference between icon8888 and Philip is Philip knows not to swing at every ball, he chooses his investments carefully and only when he is very very sure something will work out the he pounce.

Icon8888 just buys everything, so his losses and winnings mixed in total is very poor, so he dares not declare his long term returns.

Philip on the other hand, has not made a loss in 10 years, even though his returns are not so spectacular ( I don't have 160% in a few weeks), he is able to manage larger and larger sums confidently.

Philip knows exactly what he knows, those that he doesn't he doesn't buy.

I would argue those who drive car with their left have, and do phone paying off LCTITAN on a WHIM at rm4.15 WHILE DRIVING, those are emotional investors who should be ignored and pitied.

Not every stock needs to be bought.

Those that cannot accept alternative views, those are poor investors indeed.

>>>>>>>

Posted by Icon8888 > Apr 21, 2019 5:53 AM | Report Abuse

Philip's biggest weakness is he doesn't know what he knows, what he doesn't know

He thinks the elephant is flat and thin, after touching the elephant ear

If you think JAKS is the one constructing the IPP then you really need to grow up. Jaks us just another Alibaba company with no money, no technical skills and no experience relying on a more experience partner to do their work.

>>>>>>>
Jaks has the best to construct and manage IPP Vietnam to mitigate the risk

Why are you wasting time arguing with Calvin tan, let's face it Maybank is giving out 6% dividend today, and if hyflux is really bad news to mbb it will only be an opportunity to buy.

Think about it, in the long term, has the business fundamentals of Maybank changed? Are it's branches closing down? Is it no longer profitable? Are you going to close your mbb account and open savings in POSB?

It's impossible. The exposure, the balance sheet basically everything is solid, even if you have another salad oil crisis ( like AMEX) it will only mean that you get to buy more Maybank at Rock bottom prices.

The business fundamentals are untouched in the long term.

I can't say the same for other investments that Calvin has made ( talamt, protasco, karambunai,destini,asianpac, etc etc etc)

He is a troll with no portfolio pure and simple.

You would listen to a dog barking and ignore it just the same.

To be honest I don't really like UP. With it's good margins and profits and big cash pile, the fact that they do not expand and grow when the process are low makes me think that they are far too conservative, especially in agricultural industry. If I were them, I would look to consolidate and rework more JV with plantation land or grow more new areas while the process are low. Then when they reach maturity in 7-8 years I get to enjoy the fruits during the breakout cycle of palm oil then.

I have about 30 acres now of small palm oil plantation land hear the tawau main trunk road, revenues and profits are increasing. personally I will not invest in any palm oil stocks while they still have the windfall tax in play, and the brent price down. I will be the first to announce if I do invest in any purely palm oil stocks. In either case, QL also has refineries and palm oil plantation that will reach maturity just as the palm oil prices recover and break out ( due to China support) which I expect 3-5 years from now.

Knowing icon8888 history of insulting people then deleting comments, I shall record his words here for posterity.

Mana tahu like to say ex-engineer, ex-sukuk investment banker ( but with no portfolio and no record of long term returns) we shall wait and see how he performs.

>>>>>>

My prediction is that history will repeat itself. Come end 2019, the sharp tongues will go back to the jungle to hide. I will be sitting on 200% profit, at least

My decision to buy or hold is guided by EPS

I don’t understand why you guys are confused and distracted by so many other things

But it is ok, I thrive on other people foolishness

Such as when I bought wb at 25 sen

A big thank you to those fools. Without you, I would not be able to do so well

Doesn't matter. You are one of those fools that I mentioned above

I don't expect you to understand

Optimusprime88, if you have nothing constructive to say you could say nothing. You add nothing of value to the discussion.

Charter contract for 8 years, if stop o&g company will pay penalty ( shop renovation cost), and yinson can bid at cheaper rate (using same assets) for new site cheaper than armada and sapura.

https://klse.i3investor.com/blogs/AmInvestResearch/195850.jsp

If still don't understand, I highlight this part for you:

Instead of a bank guarantee, the principal will be paying directly for the US$120mil modification costs of the vessel as a prepayment of the charter revenue, which will be progressively offset over the 7 firm years. As such, we are impressed by management’s commendable arrangement which does not bear any significant risk from a charter termination nor incur any new capex for the vessel, which has already been fully paid by its earlier charter with Canadian Natural Resources.

Previous charter termination in Africa already paid back the penalty of usd80 million. So free ship, free money, no need to borrow money from shareholders or loans to pay for new project. Use back same resources ( already paid for during last project).

Faham duit jatuh Dari langit?

Share price jump from rm4.15 to rm4.60

>>>>>
When oil price collapse oil kompeni kan stop operation all together all ur FPSO wil b idle

I don't say I am invest God. I am telling you details that everyone conveniently forget in their search for alpha.

Did I say I am the best investor? Did I make a investment so far that went bad?

I think my investment in gkent on margin (1 million shares some more) is more aggressive than you or sarifah. But it is based on fundamentals and business sense ( no debt, cash free, 6.4% dividend a year).

What do you mean by more aggressive? So you also about JAKS is a risky investment? Then good you also learn something today.

I hope you have good returns on your investment in JAKS.

>>>>>

Posted by Nikmon > Apr 20, 2019 1:03 PM | Report Abuse

old man investing in old way, young could be more aggressive, @philip not right and wrong, you are not the best neither the worst, but dont talk like invest god here.