Based on my personal opinion, the PVC-O should be having good business. But you know la, in Malaysia, normally the new factory cannot commence as per schedule one. I believe the reason why the revenue so low is because the factory haven't operate properly, the production line still need to adjust here and there. If start operated d, the operating expenses will be very high one, impossible only 3-4 million per quarter.

let's put it in this way. Everybody know this company has great asset, and we know the actual value of the company can be more than RM10 per share.

However, if the BOD has no integrity, no matter how long you hold the share, how much you have accumulated, as long as they didn't want to make the share price up, you are getting nothing from them.

Even they sold the land, if they don't want to declare special dividend, what else you can do?
Maybe then they will propose to take the money to invest in Indonesia land, how you know the land is worth the price?

You must remember, we just a minority shareholder, our wealth is depends on the share price.
But the BOD is different, they already control the company, they have can do whatever with assets, they can give the land to other, they can sell it to their family member, they can appoint their son as director and get few hundred thousand director fee, they can award contract to their family member. But what can you do? Can you stop them?

Perhaps we should put it in this way, we don't buy any share that Mr Koon bought, let see how long he can sustain.

Remember, share price is just an intangible item, as long as no one bought his share, he cannot sell it. No matter how much VS or Latitude worth, as long as no one buy, he cannot sell it. So it is just a number, he cannot realised it!

After attending the AGM today, I can conclude that this is a company with "zero" corporate governance.

Too many hanky panky issue hide by the Board of Director, and all these issue never reveal to public, only those who attend the AGM will know (as some of the minority shareholder know the issue behind the scene, although Board of Director try to hide it from public).

Now I know why the share price keep dropping since last year.

My sifu always said, you must be very careful when invest in listed company, there are too many "snake" in the BOD. Once you kena "snake" bite, that you will regret.

Today I saw the SNAKE, not only one, but few.

Chinwell is done better than Tongherr

the current EPS on 0.49sen, while previous quarter is 1.79sen.
it drop almost 70%, why you guys still think it can fly?

Good job KC, I always support fundamental analysis

Datuk is back... Good good!

Good sharing, thanks.

Mr Koon always said: If the quarter result is decreasing for more than 2 quarter, he will sell the stock.
So Q2 is the 1st quarter that showing result decrease, if next quarter decrease again, then this stock is out from his radar. His fund manager Mr OTB will definitely sell it.

Thanks Icon8888 for highlighting this.

Then I'm sure this Saltedflsh (paperplane) is in scenario 2.

Many years ago in 2007 & 2008, I'm in scenario 2, where I loss everything, including the reputation and credibility.

I'm lucky i have overcome it.

Two scenario could happen to saltedfish:-

1) He is the syndicate. He come here and ask ppl to buy, so that he can dump the share at high price. Now he is laughing all the way to bank,

2) He is a victim. Someone give him this tips, he thought this is the best opportunity to make big money, he invest all his money into it, he even borrow personal loan from bank, family and friend. When the share price moved, he is getting more confidence on this stock. He starting to ask his family member to buy, ask frens to buy, ask colleague to buy, and ask forumer to buy. When the share price going up, he really feel like his is god, everybody respect him, say thank you to him. But now, suddenly the share price u-turn, he realised he is being cheated, all his family member blame him, fren blame him, forumer blame him, and he feel like want to escape from all this.

WHich one is correct? you guess.

400523, you are not a loser.
At least you have few hundred thousand to loss.
Many people here everyday shout this shout that, but they only got few thousand only.

Please always remember:-
1) When market sentiment is good, PE Ratio 12 is consider value buy.
2) When market sentiment is bad, PE Ratio 6 is still consider expensive.

Off course if you can wait 3-5 years, definitely the sentiment will turn good again, then PE Ratio 12 is acceptable again.

BUT.. How you know what will happen is next 3-5 years, economy will change, technology will change, your personal life will change, the company performance will change, government will change.... etc.

You sell, I buy.
You buy, I sell.

kikikiki

Even Datuk also wet pant

Tengku Faisal, pls study before you comment people.
Don't always thought ppl are brainless.

cyphua, so what is your plan with BJCORP-CU?
To sell or to hold? I oso have BJCORP-CU, but I only have 100,000 unit, bought at 6sen.

Support Ayam Tua

Run... KYY & OTB is unloading.

you ask OTB what is the target price, then you will know whether you should hold or sell.

MyView, the news is published on today's Nanyang newspaper.


（吉隆坡1日讯）成功集团创办人丹斯里陈志远表示，该集团在越南经营电脑化彩票系统的计划很快成形，预计下月签约。
陈志远在出席马来西亚连锁协会总裁之夜（MRCA CEONight）上指出，很快便会公布更多的相关详情。
成功机构（BJCORP，3395，主板贸服股）于去年5月从6家国际竞标对手脱颖而出，获准与越南公司合作经营越南电脑化彩票系统。
根据当时的文告，成功机构旗下的成功Gia Thinh投资科技公司，将与越南政府的独资子公司Vietlott合作，共同负责投资、装配相关配备和营运越南的电脑化彩票系统。
分析员看好
成功Gia Thinh是成功越南彩票公司（Berjaya Lottery Vietnam）握有51%股权的子公司。
成功机构与成功多多（BJTOTO，1562，主板贸服股），分别持有成功越南彩票公司的80%和20%股权。
当时，分析员都看好成功集团进军越南之举，约达9000万人的庞大人口，将塑造庞大的彩票业潜能。
拥有许多赌场的越南，虽称得上“赌城”，但当地人却禁止踏入赌场，只能以斗鸡、水牛赛跑或扑克牌的方式赌博。
然而，基于越南彩票市场尚未“成熟”，中短期内难带来绝大收益

（吉隆坡1日讯）成功集团创办人丹斯里陈志远表示，该集团在越南经营电脑化彩票系统的计划很快成形，预计下月签约。
陈志远在出席马来西亚连锁协会总裁之夜（MRCA CEONight）上指出，很快便会公布更多的相关详情。
成功机构（BJCORP，3395，主板贸服股）于去年5月从6家国际竞标对手脱颖而出，获准与越南公司合作经营越南电脑化彩票系统。
根据当时的文告，成功机构旗下的成功Gia Thinh投资科技公司，将与越南政府的独资子公司Vietlott合作，共同负责投资、装配相关配备和营运越南的电脑化彩票系统。
分析员看好
成功Gia Thinh是成功越南彩票公司（Berjaya Lottery Vietnam）握有51%股权的子公司。
成功机构与成功多多（BJTOTO，1562，主板贸服股），分别持有成功越南彩票公司的80%和20%股权。
当时，分析员都看好成功集团进军越南之举，约达9000万人的庞大人口，将塑造庞大的彩票业潜能。
拥有许多赌场的越南，虽称得上“赌城”，但当地人却禁止踏入赌场，只能以斗鸡、水牛赛跑或扑克牌的方式赌博。
然而，基于越南彩票市场尚未“成熟”，中短期内难带来绝大收益。

Samudra went back to PN17 price, although it already out from PN17.

Ya, this VT purposely push the share price down.
He even don't mind his name not appear in the Forbes Top 10 Richest Man in Malaysia.
I just worry later he offer to privatize it at RM0.50, which is a 25% premium on current price.

Although the revenue and profit is good, but I'm worry about it cash flow..
The negative operating cash flow make me doubt whether the company can sustain or not.
Would it suddenly request fund from shareholder?
The current cash and cash equivalent might not able to support the cash flow.
Please share your opinion if you have different view.

Vincent Tan is already very old, I hope before he pass away, government can give him a casino license, so that he can leave a legacy to all the shareholder.

Otherwise, he might be very suffer, as all minority will continue to blame him even after he pass away.

I hope he can make the share price reflect it original value, so we will give him the same respect as Singaporean give to Lee Kwang Yew.

After read 马联控股AGM游记，邱继炳：我的公司值50亿令吉, I'm thinking whether Vincent Tan will say the same thing in the next AGM, 我的公司值200亿令吉!!!!

Just now go to eat breakfast, accidentally heard next table guys told about AWC.
Can't really heard what they say, but from they way the smile, it give me some confidence on this stock.

Ireka is a company that have better fundamental than Mitrajaya.

Where is Datuk?

Don't overlook the impact of GST.
Many pharmacy n customer buy a lot before GST, after GST their sales drop at least 30%.
This is real story, my Fren operate phamarcy at petaling area.

Somchik, AWC issue the share at 38sen, not at 30sen.
30 sen is par value.
So the 4 guys wont sell their share for 2 sen profit.

Ya... I underestimated the impact of GST.
But anyway, it is always good to have another 5 sen dividend.
Annual dividend yield is almost 10% (10sen + 5sen)

Very soon will break RM1.80.. then RM1.90, then RM2.00

yes, 100% confirm Ireka is link to Zahid Hamidi.

Adakah ini zaid hamidi punya counter?

Ini Zaid Hamidi punya counter

Hey dude, GOB has proper business, revenue, profit, cash and healthy balance sheet, how can it be a potential PN17?

Next time think before post ok?

I'm not Malay.

Yoshinoya beef and Hanamaru Udon in Midvalley full house!!!
Like the beef noodle, especially the soup!

Koon koon, the reason why VS, Latitude..etc surge up 300% is not because their business doing very well, but is because you n your team are keep on accumulating the stock.

If you n your team are not buying these stock, I think today VS still value at RM2-3 only.

There are still many stock outside which is comparable with VS n Latitude, but their share price up slower than VS n Latitude, as you n your team are not buying. Pls imagine if you sold off all your share today, don't you think these stock will be lower at least 30% from current price?

So it is not correct to said you are better than us, is just you have more fund than us.
I respect you, but I think you should respect us as well.

If all of us have the same money like you, I believe at least 10% of the forumer can do better than you.

Best in the town!

Tim Ho Wan Char Siew Pao

Don't worry, I still accumulating..
Tomoro go Mid Valley to support the Tim Ho Wan

Wish everybody who ride on this boat huat together la...
Hope tonight break RM1.70.

Now is different.... Last time Texchem is not doing well, but nowadays is different..
With the new shareholder, now TEXCHEM has changed its management style..
Texchem bring in a lot of potential franchise to Malaysia.

No hard sell, because I am not willing to sell any of my share.
I just welcome everybody to ride the boat together.
Because it is a nice boat.

somchik, will it surge to RM0.45 this afternoon?

Morning session gain 5%, afternoon session gain another 5%.