It would never end. They would just proceed to say the portfolio image I send is fake, image is doctored to add more zeros etc.

I will let my investing do the talking for me.

I will start a quarterly report on my 5 stocks with details on why and how I make my decisions. Then you may judge or laugh at my investing methods.

I challenge all bloggers to post their buy position ( in portfolio percentage is fine) what date bought and price in their blogs. And to update their blogs when they sell their shares.

Honesty asked for is honesty given.

I lazy to repeat my sentences.

https://klse.i3investor.com/servlets/forum/904652100.jsp

Didn't Fitch also rated subprime loans AAA right before the crash? If you could only choose 4 companies to pay to rate your bonds, wouldn't there be a reason to choose the companies that are willing to rate you higher? I stopped believing in Moody's and Fitch and ask those best performing company award long ago.

Sapura was just awarded best o&g company. Shows you how much to believe in ratings.

>>>>

Fitch upgrade MNRB financial is a confirmation of MNRB's strong financial position. Islamic insurance Takaful stock is moving recently.... MNRB will follow soon...

Like I said, I take those who say they can time their investments chun chun with a huge grain of salt.

I await Calvin tan to come out with material disclosure in the pump and dump blogs on when he bought the stocks he is pumping and at what price. Especially for his latest pump article sasbadi and anjoo steel. For him to promote so many stocks, I really have to wonder how he monitors his stocks and how well he is really doing. For someone who paid 4 cents for talam, he tells you to buy, but he never informs you if he cut lost or still holding to 35% losses.

and icon to do the same thing. What is 2.5% actually, when did you buy LCTITAN (I believe you said you bought at 4.15, after quarter earnings.) Again I can learn many things from this, because management say their naphta feedstocks price was much higher due to sudden increase and holding old inventory at higher price vs crude price dropping to lows causing a margin squeeze. This should correct in next few quarters if things are true. However what is your conviction? How much actually did you buy so we may understand how strongly you believe in this speculation. And after you sell will you inform your readers why you left? There is so much to learn from just simple short sentence. We can analyze your investing strategy and see if really works long term. How about some clarity on your pump stock into success transformer? Made up numbers is fine, no need to verify your portfolio.

I believe there is a reason why material shareholders need to announce to bursa their purchases and sales so as to avoid fraud and cbt. And to give investors advance notice after the deed on what is going in the company.

If material shareholders do that, shouldn't bloggers and respected sifu like icon, choivo, kcchongz, CalvinT also have the responsibility to announce how much they buy, when they buy and when they sell as well?

Don't you have a responsibility to treat your readers to some honesty? After all, it is just made up numbers? You don't need to announce to bursa, but at least you can announce to i3ivestor.

I respect koon because at least his name shows up on the annual report of major shareholder.

After all it is not the gazillions you make that matters. It is the strategy, the theory and the conviction with which you invest that shows your character.

Dear raider,

This I can respect. You do understand why right? This at least gives us very much information into how you structure your investments and your buying details.

For you to have bought at those prices, it is only most likely in the early January period only. Meaning you would have bought not after material information from quarterly report, or heavy insider purchase or heavy selling by retail investors. Information like this is interesting and useful to me. From what I can understand, you really do practise what you preach, where you buy based on nta, PE and market price. And not based on revenue (lowest quarter since 2009), and earnings (one of the lowest 1st quarters since 2009). I believe you use market price to dictate what you buy or sell, which I can understand and appreciate. Spending 280k to speculate on this for 2 years seems ok, as the 52 week low was 0.64. and the cap of 0.99 that it leaked for 52 week high. The big question is: will you put another 280k if the share price goes to rm1.0? And what or how confident are you the share price will rise upon 8 quarters of slow results?

I bought 50k@6.25 in Dec 2019, not right after quarterly report,
But after the share price has dropped from 7.28 to 6.10, I purchase after support by insiders, and also because QL had the highest revenue generated of all time with guidance to higher revenues incoming from family Mart and holiday season in 4th quarter.

21-Dec-2018 Acquired 600,000 6.229
Registered Name Ruby Technique Sdn. Bhd.
Nature of Interest Indirect Interest
Consideration RM6.2288 per share
The chia brother's bought their shares personally on this date. I simply joined people who had far more money than kyy,

This is how I choose to do my investing. By listening to what the management are doing and how the company is acting.

I find that I can finally have a proper meaningful conversation with Stockraider, especially when he is not capslocking everyone and drowning all comments.

Maybe it is really the Chinese New year effect. Happy cny Stockraider. You have gained my respect. I respect a man who has given his peers a chance to properly review his investing methods.

>>>>
Actually i m quite late in the game on insas, I only notice the wonder of INSAS, when SSLEE, highlighted the wonder of insas, and that reminded me to buy back mah...as i have dispose all my insas of about 1900k units in 2014, at around rm 1.10 per share.

I started to buy around Rm 0.65...i think my average cost now is about Rm 0.685 although my bet with u is at Rm 0.67.

Insas is presently not my biggest portfolio now, i chose insas to bet with u, bcos it is the most complete, balance & ideal margin of safety stock i can find right now...loh...!!

I actually agree with everything written here. SSLee makes a good point.

i3lurker is just arguing for the sake of arguing. He has probably never planted or seen a single olive tree or process in his entire life.

Nor has he done any work in the refining process or looked carefully at the usage of palm oil.

Any and all oil used will increase the calory content of food. If you eat in moderation, you could drink coke every day and you will live till 90.

Its those who don't know how to control their body that blame the food.

I agree with calvin comment, moderation is the key.

Ok raider, I believe you are right. You have long term vision in buying hong leong bank in 1998. Impressed.

I give you benefit of the doubt, as naming hong leong is good enough to earn my respect.

Now for a real question, how much of INSAS do you own currently? When did you buy it? What price did you buy it at? So at least got some clarity.

SSLEE hold for a long time, he got conviction in insas.

Since you say insas hathaway, when you really bought (if you say you bought following our stock pick competition 4th january I dont believe lo), how big was your position?

Really not measuring dicks here, but just want to know how convinced you are in your 2 year bet in insas.

FYI,
I dont sell any subscription services,

I dont have any ulterior motive in asking you to buy my stocks ( I dont even promote my own stocks, why would I? The PPHB thing was an experiment in promoting undervalued stocks with low PE in stockraider fashion, except with a stock that genuinely in undervalued with good cash and generating money business. I wanted to see if investors would buy just because I write fancy articles like calvin tan does. They did.)

I dont have any followers or syndicates (especially because I concentrate on buying stocks that are not PENNY stocks that can be run up by syndicates. unlike small cap businesses that are easily overbought with one quarter of earnings.)

You can easily judge if the articles I write make sense or seem bullshit to you. If the reasons I bought the stock are wrong then time will definitely judge me. You can judge my character, but I am sure you have nothing to say about the quality of the stocks I buy.

Pax Vobiscum

Philip

Dear Icon888,

fair is fair. if you wish me to show you my portfolio images ( i have multiple cds with different agents, if you really want it), you can also show your position size amount, date bought, date sold and total amount bought in your investments blog in success transformer, hengyuan blogs etc.

you can blog, can't you? why not disclose your investment size as well? at least some clarity should do? when you bought, how much you bought, TP to sell? and of course the important number, when you sold the stock. ITs a blog. UPDATE it. Its just numbers on a screen, MAKE SOME NUMBERS UP.

CharlesT talks a lot, but never once he discloses his investments, position size, date purchased, date sold. So much clarity...

its the same like stockraider, he never discloses when he buys, total amount or when he sells in his comments, so you can never know how well he does. ASk him how much he bought his insas, when he bought it, how much is his investment size. will he tell? and suddenly got stock bought since 1998, when he never once promoted.

even SSLEE is much better than all of you combined, at least he gives his real name. and major shareholder in xinquan.

You hide behind images and comments. At least my investing strategies are clear and make sense (to me at least), and I hope to my readers.

I at least am brave enough to tell how much I bought, when I bought it, total investment size and my investing pattern. So if the stocks dont work out long term, I totally accept ANY and ALL ridicule if the stocks I buy dont do well. If QL drops from PE50 to PE18, stockraider and charlesT will be the first to laugh and criticize. I accept that, but am confident enough in my investing that I know no one is willing to bet against QL long term.

you know what I think? None of you ever post any important detail up (even made up numbers) because all your reputation dissapears the moment there is a log of when you bought and sold, and your investing theories are wrong.

at least jon choivo has the decency to post up a annual letter to his investors with negative return. So you know he is genuine.



>>>
Posted by Icon8888 > Feb 2, 2019 05:18 PM | Report Abuse

Don’t be cynical, Philips will show you his portfolio. He can blog, can’t he ?

Funny. Suddenly Stockraider is a long term investor.

Unbelievable, your actions, investments and your words don't link at all. From buying into hengyuan, BJCORP, jcy, etc you suddenly become long term investor in HL Bank, aji etc?

Funny, I bet you also own 25% of Maybank right?

Good luck. I knew you were bs, totally convinced now.

CharlesT, you are a very low class investor.

Hope your investing method works.

Because your characters doesn't.

See if your stock works out or not. I don't see a future for Malaysia reinvestment 2 years from now. Ashtray terminal growth ended, and can't fight foreign reinvestment firms with more capital.

I'm confident.

CharlesT you know me in 2019 still good, I find my 5th stock. NYSE: STNE, the 6th biggest payment company in Brazil, Berkshire own 10%, Alibaba own share also.

They are the fastest growing payment company in Brazil right now, can process credit card, online payment, points processing in one machine, and got cloud app to your phone to check your payments automatically.

I bought in 2019, usd19@jan4 2019.

If you say I come out in 2009, please record this date. Then you come back and check again in 10 years. See if I bring you Holland.

I'm not saying I've never made a mistake, like renong and aokam, sure everyone make mistakes.

But need to counter you more than 3iii or me lo...

Everyone in this forum keep buying MOS stocks, low PE stocks, safety mantra.... Without understanding what stock they are buying, how it will grow and perform 5-10 years from now.

There are more trader investors like you and sslee in i3ivestor than there are long term growth investors like me and 3iii lo.

Need to counter you more important. Go every page and keep spouting INSAS Hathaway. But 2019 stock pick not even 1 share in INSAS Hathaway. But instead buy bjcorp...

You probably don't even have 1 share in INSAS in real life, and probably lost more chasing hengyuan up and down than you will honestly admit.

In 10 years owning my pe50 stock and top up quarterly I have yet to cut loss on my QL. How many times you cut loss on your hengyuan?

Even when the stock dropped in December I bought 50k shares dec21@6.25 I still have yet to make a loss.

Raider keep comparing and trying to say I buy pe50 stock, as if my brain that deficient. But he refused to ask why I sailang buy bought QL in 2009 and keep until now. Most importantly no one ask me what I see in ql to buy it in 2009. All they see now is pe50.

Same thing, raider never see that I buy NYSE:STNE at usd19@January 4 2019, when it is pe27, 200k shares.

He only keep saying I know how to drive don't know how to gostan.

My question is, has the business changed in 10 years? Has pbb suddenly become risky borrowers? Has topglove decided to become a property developer instead of manufacturing 20% of world glove market? Has ql revenue and earnings dropped in 20 years? Has YINSON stopped doing transportation?

Problem is, the stocks I buy never give me a chance to gostan. Why need to learn how to reverse?

But ask yourself this. Back then what did you think?

I bought topglove pe20+ in 2010, expensive?
I bought pbb pe20+ In 2012, expensive?
I bought yinson pe20+ in 2013 expensive?

Today I buy NYSE:STNE pe27+, expensive?

Buy undervalued stock? Sure can earn. Long term can earn?

Buy quality at fair prices? Sure can earn lo.

I shut up now and let you understand.

*If INSAS was really such a fabulous company, why is it not in your 2019 stock list? Why is a company that is losing money, nta every year dropping, what form of margin of safety is there?

At least practise what you preach la.

KUALA LUMPUR: Dayang Enterprise Holdings Bhd has bagged a maintenance, construction and modification (MCM) services contract from Petronas Carigali Sdn Bhd.

filing with Bursa Malaysia, the Miri-based provider of marine support services to the oil and gas sector said this offshore job in Sarawak would span a primary period of five years with a one-year extension option. This is the Sarawak portion winner.

It was effective Sept 20, 2017, and will expire on Sept 19, 2022, at an agreed fixed schedule of rates.

Dayang did not give the estimated or actual value of the MCM services contract in its announcement.

If dayang, Petra, sapura all did not give estimate, how does Mr koon know how much carimin contract is?

Fyi, I am not saying Mr koon is wrong or anything. As if you compare with Sarawak offshore, dayang and carimin really does show 50 million per quarter increase in revenue last quarter ( for dayang it was for 2 quarters as Sarawak started earlier).

But is 50 million for 20 quarters sustainable?

Let's hope so, for the kids.

But I think I'm right in that there is no profit guarantee, and koon is wrong to predict one.

If you really want to do estimation, instead of saying carimin win 1 billion contract, look at figures. Their contract win for package c is for peninsular Malaysia only.

The offshore sites are:

https://www.2b1stconsulting.com/wp-content/uploads/2013/09/Murphy_Petronas_Kenarong-Pertang_Block-PM311_Map.jpg

This is the easiest picture I could find, as everyone knows there are now o&g sites in Sabah Sarawak than in terengganu.

So if you assume that there are 100 sites in West Malaysia, carimin has to share the pie with other competitors, how do we know that the contract size is 1 billion. It could easily be more. Or less. It all depends on the manpower and resources allocation of the company.

Topside major maintenance is not so easy as you think. The work involved is labor intensive, not so profitable because of the timeline completion involved, a lot of coordination required and you can't simply bring your team from one site to the next nearest. It depends on Petronas schedule, not yours.

Can someone please show me where is the public disclosure from Mr koon that the contract sum is a fixed 1 billion, 200 million yearly work?

I'm really confused.

I tried asking my H&S old ex colleagues in Samarang and bintulu as far as I know, the contracts everyone has the same unit rates negotiated, and based on completion speed it will be merit based to request for next job. So if the team is fully utilized on site on the platform, they wont be able to do other works and will be awarded to other contractors.

Petronas Carigali vice president of Malaysia assets and chief executive officer Mohd Jukris Abdul Wahab said new requirements were introduced to encourage collaboration across the industry supply chain.

“These contracts encompass requirements such as the utilization of marine vessels from Malaysia-owned companies only and the mandatory participation of 20 per cent local state service providers to spur value-added services that ensures growth in Malaysia’s oil and gas upstream services industry,” said Jukris.

With 200 offshore platforms in operation under Petronas Carigali in Malaysia, Petronas continues to encourage merit-based participation from local contractors to achieve value-driven production growth for the long-term progress and sustainability of the oil and gas industry.

As barakah has essentially the same contract except need to give commission to sapura, you can see increases of rm40 million in revenue and lower net loss, meaning the MCM work is tight and not so profitable you would think.

KUALA LUMPUR (Oct 2): Carimin Petroleum Bhd has won a five-year contract from Petronas Carigali Sdn Bhd to provide maintenance, construction and modification (MCM) Services (Package C (Offshore) Peninsular Malaysia Oil) for an undisclosed sum.

I think it is undisclosed not because it is hyper secret or anything, but more because it is a on call work order with no clear visibility of revenue or profits, but a 5 year agreed upon work rate.

Carimin is not the only winner, the are others.

KUALA LUMPUR: Petroliam Nasional Bhd’s unit Petronas Carigali Sdn Bhd has awarded contracts to provide maintenance, construction and modification services at its offshore facilities in Peninsular Malaysia, Sabah and Sarawak to five local contractors.

Carimin Engineering Services Sdn Bhd, Dayang Enterprise Sdn Bhd, Deleum Primera Sdn Bhd, Petra Resources Sdn Bhd, Sapura Fabrication Sdn Bhd and its joint venture partner Borneo Seaoffshore Engineering Sdn Bhd were selected for a five-year contract each with an option to extend another year, effective last September.

“Under the terms of the contract, the engineering and maintenance services will include topside major maintenance and facilities improvement projects,” Petronas Carigali said in a statement yesterday.

Actually all those info do mean something, it shows that like Jaks and carimin it is case of manipulated pricing of chasing carimin up based on reading the November quarterly report of earnings of 5 cents or power projects that yet to materialize.

I at least appreciate the honesty.

Volume is created by Mr koon and OTB followers to run up the volume based not on multiple quarter fundamentals earnings, not based on multiple quarterly long losses each year. But based on 1 quarter of earnings on a 5 year contract that started in 2017.

I had thought that there was some material information not found publicly available that was privy to the koonbee syndicate and stockraider that would allow them to so confidently speculate carimin.

Thank God.

I can sleep well at night. There is no crystal ball.

Good luck in 2019 mr koon, wishing you all the best. Hope you do well, because if you do well more kids will get a scholarship. I sponsor as well via my rotary club, which I find a lot of personal satisfaction.

It's really too difficult for me this kind of investing. Maybe I'm just to dumb for active investing.

Isn't it more plausible that 3ii and I just found a stock that has the criteria I was looking for when I first bought it ( revenue, earnings increasing or stabilizing quarter after quarter, year after year) good management in increasing roe and debt without heavy rights issue and loans, new business expansion plans yearly,increasing dividend amount yearly, no nasty surprises quarterly losses etc.

I can't predict the future, but each quarter the business just chugs along criteria hit same as when I first bought the stock, so I just keep following and buying the same stock.

Imagine if I could predict the future, if I could buy the dips and sell on the rise of the stock wouldn't I be able to earn even more?

But that is a foolish fallacy. I don't know if it can be done, or how I would even go about doing such a thing.

How do you know how to buy the dips and sell the peaks if you knew INSAS was undervalued at 0.67 and fairly valued at 2.54.

Can someone tell me? How long do I wait for the stock to reach 2.54? Will raider keep it and sell at 2.54?

How do I get this guy to stop? It's like he has a crystal ball can catch every single uptrend downtrend sell before danger "Will Robinson" trend?

If his every move is perfect maybe I should just sell all my shares and pay him for his subscription in exact date and time to sell or buy a stock.

If really can predict buy INSAS at 0.42 and sell exactly at 1.10 then I feel very embarrassed for myself, I don't know how to even begin to learn how to crystal ball my way out

Sometimes I really wonder am I missing something. I really want to know, how to buy at bottom and sell at the top, I want to LEARN!

Can someone teach me how to do this? Buy at 3, sell at 19 when you can calculate to up to 45, then sell at 13 when you know the quarterly earnings is not out yet, but figures still show earnings projection at 45…
Hengyuan gain is tremendous from Rm 3.00 to Rm 19.00 in a period of less than 1 yr mah..

Or even this?
insas bought at Rm 0.42 in 2011 and sold over rm 1.10 in 2014,
How could anyone predict this exactly? I looked through the earnings and revenues and growth triggers and fundamental, technical and business sense indicators. Nothing in those makes any sense.
Right after his stock plummeted in December 2014, it was due to record revenues of INSAS at 100 million and poor earnings of 9 million. For that the stock was punished immediately to from 1.25 to 1.1. but the very next quarter they again had record revenues and earnings. Why then did the stock crash to 0.82. how do you even predict this.

If prediction was even possible, then the question is to learn. How on earth do you know?

INSAS to buy at 0.67.... nta at 2.54. the intrinsic value to sell at what price? How does it work? Do you only sell when it reaches 2.54? Or do we sell when we make double the profit at 1.34? Or do we still look at earnings growth, if suddenly growth goes nuclear, do we say the intrinsic value becomes 45, can continue to hold? If the stock keeps oscillating beyond our expectations, how do we invest without a crystal ball? Isn't this a miracle investment?

Okok I face reality. INSAS is the best. Ql is the worst most overbaked stock ever. Right?

Can you just shut up and review after 1 year performance of INSAS Vs ql? ( like you say quarterly result not important is yearly audited report is important?)

Instead of repeating your bs every day for a entire month?

Really a loser attitude, worse than pasar ah fah...

Really? Really need to pollute every page like this? Can you just post on your own INSAS blog ask your insights? Very irritating and childish everyday repeat the same thing over and over until hell freezes over?

Come on, this is getting irritating. Can you just wait until end of February when the quarterly results come out to decide if QL is overvalued or bad? Anything listed right now is just hearsay.

Just be patient and wait until after Chinese New year to make up your mind!

CHIA SONG KUN 10-Jan-2019 Acquired 280,000 6.594 View Detail
CHIA SONG KUN 07-Jan-2019 Acquired 247,000 6.597 View Detail
CHIA SONG KUN 28-Dec-2018 Acquired 210,000 6.694 View Detail
CHIA SONG KUN 27-Dec-2018 Acquired 150,000 6.668 View Detail
CHIA SONG KUN 26-Dec-2018 Acquired 670,000 6.533 View Detail
CHIA SONG KUN 24-Dec-2018 Acquired 150,000 6.526 View Detail
CHIA SONG KUN 21-Dec-2018 Acquired 600,000 6.229 View Detail

$1,623.00 price
MARKET CAP
$779.36B
SHARES OUTSTANDING
488.97M
PUBLIC FLOAT
409.67M
P/E RATIO
93.68
EPS
$17.83
YIELD
N/A
DIVIDEND
N/A
EX-DIVIDEND DATE

Oh no this stock also doesn't pay any dividend its so horrible... Pe100!! Oh gosh. It's so overvalued we should short it now!!!

Maybe i3lurker should just invest in REITs? Or guy buy ASB account?

I plan to ask neither in law go agm, and tell them if they take less director salary say 5 million only, give shareholder some confidence and security with 2 million dividend ( they also earn 1 million as majority shareholder), after completion of quay hotel earnings rerate go up, sure confidence will soar and stock price will go up to at least 150 million. Worth what. They earn so much more if interests aligned with shareholders. (40 million networth become 70 million).

Hopefully they wont go to Holland and go nuts.

Qqq3 when you started position in vitrox? Recently? Interested in looking at it more.

He has been holding cash since 2015 and taking big chunk of professional fees doing it, all because of past successes.

https://www.thestar.com.my/business/business-news/2009/05/09/up-close-and-personal-with-tan-teng-boo/

Stockraider, your margin of value here and value there, when you going to sailang icap.biz into INSAS!

Put your money where your mouth is la and go big or go home!

I think I know who general raider is...

https://youtu.be/zALDcSxmMqM

Mediocrity at its best. Buying everything on margin of safety only is the same as buying everything based on pe only. Using one size fits all investing is so basic it's irritating.

Dear lazycat, I'll tell you after looking at an the February counters quarterly reports... Buying now seems weird.

Haha nope, I don't like complicated businesses, but reading about it is quite fun. For LCTITAN, I think what happened was speculation on naphta as a feedstock source.

https://www.icis.com/explore/resources/news/2018/09/25/10261661/asia-naphtha-jumps-to-four-month-high-on-crude-gains-market-unfazed/

Basically the management of Lotte was unable to monitor closely the futures for naphta as the price is still bearish. But since a lot of Asian companies decided to sapu the commodities futures, suddenly not enough stock to supply them in the previous 2 quarters.

But overall with crude oil price so depressed I think mid term the naphta price will definitely go down.

I think if you buy it low enough it's a good deal. I just don't like the fact that the pasir gudang plant is unable to expand properly as no land available nearby. They need to travel all the way to tanjung langsat to get the nearest industrial plot.

1st to comment, I like the forward thinking! Good read.

Oh.my.god. and I thought pphb management was bad. At least PPHB takes 7 million in director fees every year but gives 15 million in net profit. This ttb takes so much in professional fees and didn't even deploy capital properly or invest.

Malu lah to compare with vanguard Jack bogle. At least his vanguard index fund charges 0.05% management fee every year.

Even Stockraider can do better.

Probability I just noticed this. Are you also an engineer as well?
Happy Chinese New year!

Reading back I just noticed what appoloang said about buying into ql in 2001 and yinson when it was just a trucking company in JB.

I wouldn't have bought those stocks in those days either, you wouldn't have known if it would sink or swim. But buying later, how did I know how to keep investing in the stock?

Thinking back on this fact you really have to ask yourself when should you buy a stock? The secret was very simple and outlined in Peter lunch book one over wall Street which is very easy to grasp.

You shouldn't be buying a a stock when it is cheap. You should buy it when it starts to see success, and you learn about it's growth prospects and when it gains a business advantage over it's competitors. You buy it during its stable growth phase.

You don't buy stock which is recommended by friends and strangers or things you like. You should get it after careful consideration of is business prospects, company financials and upcoming prospects.

Then you hold on for the ride.

KB system is very powerful, it works until it doesn't. But just don't turn your brain off and follow blindly...

Actually it is nothing to shout about, just having some fun with my experiment.

For a company making 15 million in profit in 2017, I thought a profit guidance of 3-5 million extra would give you a earnings increase of 25-30%. You don't think that is something interesting?

Let me throw you some figures.

Today if you buy pphb for 92 million, you get a clear view of profits of 18 million in 2018 year end.

Then you add growth trigger of 4 million per year from those 160 rooms and retail units and parking fees. You get 22 million.

Then you add the average growth rate of 2 million a year, and 1 million from their other income, you get 25 million.

If you get 25 million profit every year, and they start to do a dividend of 2-3 million to shareholders, you do the math?

Obviously this is all theoretical. The horrible management still pisses me off, but bad management can go away. Profitable business still starts

How often do you get to borrow 100 dollars and get back 25 dollars every year?

qqq3 dont say la I said KYY sets out to cheat people. I know his own skin in the game. But I never said that he purposely cheat people. I just dont understand the theory of buying a stock, telling everyone you bought the stock, then saying you dont need care if anyone knows. I bought QL for years quietly without needing to let people know, just so I can buy it a cheap price.

your mention that quarter profits x 4 is also, has Carimin showed a profit guarantee or earnings estimation guidance for the year 2019? I missed that. If got, then I malu never read enough. but did Carimin really say they will have a yearly earnings guidance of 20 cents already? Can share that article so I can update my knowledge?

My bad eskay67, I had assumed that most of the vehicle and motorcycles were sold via the branches near or within the aeon mall locations. My apologies, I am most humbly mistaken. As you can probably surmise in sabah we don't have any aeon malls.

You learn new things every day!

Cheers.

*Deleting my comments now to save future investors misunderstanding.

5354, QL was so pissed at how badly managed layhong was that they dumped the entire 38.8% stake in layhong at rock bottom price. Looking at how their quarters have been turning out, I don't blame ql management at all.

Quality management goes a long way.

Yes klci is the smart one here. That's exactly what I found out back in 2009 after comparing many many many many similar competitors. Razor thin margins. Insane growth. Multiple business diversification. Successful market leaders in all the markets they entered.

Layed poultry farming, compare the productivity, profits and growth too layhong. Layhong had a head start of 10 years since the 80's. Died to QL dominance.

Surimi, compare that to texchem etc. QL management far far ahead.

Family Mart in 2016? Let's wait a few years until they hit 300 stores and you have comparison data to look at comparisons with 7-11. Family Mart has fresh food, ice cream and coffee and private label products that serve quality and Japanese product pricing point. 7-11 sells low margin 3rd party items. In a few years you will see the dominating difference between family Mart and third rate shops like 7-11.

If you don't believe you can just go to your local family Mart and compare the difference in choices and pricing points. Buy quality Japanese food for cheap prices?

Yeah i3lurker is smart.

My 1% dividend in QL is more than many REITs today just on the share splits I own. I wonder how many share splits I enjoyed since 2009.

The 200k investment I did in QL in 2009 was the stupidest choice I ever made. My topup every quarter for 9 straight years was even more stupid, as well as all my reinvestment into QL. I have 2m share earning only 0.97% DIVIDEND return every year. So horrible. What do I do?

Maybe i3lurker can teach me what stock to buy instead to save myself from embarrassment...

Thanks lurker in advance!

I3lurker is so brilliant! I have 30 acres of land in tawau planting palm oil now. It's been depressing at rm2150 latest cpo price.

However I would hold on that never ever happen part.

It has happened my young grasshopper. I was there.

March 2008, cpo price was at the all time high of rm4,298. You can check. I was upgrading refinery in tawau at the time. Everyone and their mother became instant millionaires.

You have much to learn about commodities. Never say never!

I'm trying to be the next kyy, problem is can only get my dividend from pbb next quarter to play with this stock. Next quarter 200k to eat up all the volume, I think I can eat 3-6 days of buying volume. Investing in microstocks can be fun!

But to be honest though, if koay family willing to sell me entire business for 100 mill I think it's a good deal. 15 mill profit yearly and 7 million directors fee sounds so juicy. I could pay off entire m&a in 4 years.

Crazy. But it problem will never happen.

Today I am PHILIPTANGRAIDING RESEARCH GROUP UNLIMITED POWER UP TRADERS. This stock is sure win!

Qqq3 some info on brownfield projects from my past experience with shell sites in sabah. After taken over by hibiscus ( which I still don't understand why anyone would buy. If it makes money, shell will keep it. If it worth the selling is the price paid by hibiscus to shell worth it? I've been to the rig. I still don't get the price paid for the asset.)

For MCM contract 5 year contract won by carimin, it is brownfield project.
https://www.2b1stconsulting.com/brownfield/

Hope this helps. I think the only thing that can give carimin more visibility in the mid term is more contract wins from Petronas. But with the oil price dropping again this year, contracts will be hard to find, and margins will be low.

I really don't like the 1-3 year projects for oil and gas projects.

For PPHB I'm not very optimistic either, but in 2019 first quarter the hotel will start operations, but it has clearer details.

The Quay in Penang Island will consist of a five storey boutique hotel and retail lots with total built up of approximately 18,050 sq m and 950 sq m respectively with approximately 160 guestrooms together with a two-storey car park of 100 car park spaces,” PPHB said.

The company expects that the profit contribution of this hotel and commercial property leasing business will start to accrue in year 2018. The board expects that the deployment of assets of 25% or more of the net assets of PPHB for the hotel and commercial property leasing business,” it said in the filing.

It's a little bit late but should be finished by 2019. And it's right at pangkalan weld, so it's with waiting for I guess.

Average room rates it Penang pangkalan weld is from 200-400. At 55-75% occupancy. So if I take 80 rooms per year is looking around 5.8 million in room rental revenue, not including the car parking charges and retail lots rental.

If I add in another 3 million in total profit to bottom line of PPHB it seems like a good deal.

Even if the management is lousy. At least they don't lose money and no share placement.

hmmmm I know what I am getting into bed with if I do invest in pphb. The earnings and growth are pretty straightforward.

With carimin, the share price is obviously manipulated with heavy buying. Kyy goes in sure win I guess in the short term.

So far with carimin the contract wins have all been for undisclosed amounts, at least those that I have read about la. Do enlightened me if I am wrong.

They also has a contract win in 2016 for 2 years for mechanical works. Also negative income.

Their contract 5 year win was in 2017 I believe and validity date started in September 20th 2017 to September 19 2022. Since it is undisclosed and it is a maintenance, construction and modification work I highly doubt it will be a full 20 cents earnings every quarter for modification works. I think I know enough about oil and gas modification works to know there was a VO work involved.

If entire 2018 for the contract when oil price was high no activity, in 2019 when the original mechanical contract ends there will probably be done rectification work done.

Looking at the information available for MCM contracts, I highly doubt that the earnings will be sustainable in the medium term.

Although if I had more information about the details of the contracts I would probably change my mind.

If PBB give out 0.32 cents again, it might actually be interesting enough to try it out,

If the quarterly results are within expectations. 190k sailang!