Musang King

Beststock | Joined since 2015-07-21

Investing Experience Intermediate
Risk Profile Moderate

Tunggu Durian Jatuh

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Stock

2019-05-16 17:18 | Report Abuse

Giving out 1.1sen per share only cost the group RM1.859Mil to pay out. Actally they should pay 5.0 sen per share. Straight away their share price will shoot to 60 sen. Giving out 5.0 sen per share only cost Chuan Huat RM8.3 Million which is well below their annual Net Profit Figure.

Stock

2019-05-16 17:13 | Report Abuse

Chuan Huat is giving out Dividend 1.1 sen for every share in Chuan Huat. Bravo. Should give out more. such as 5.0 sen to a share in order to attract investors to buy more Chuan Huat Shares.

General

2019-05-14 17:41 | Report Abuse

There is a minor error detected in Page 11 of the Report. 5 Years Financial Highlight should in Million (RM Mil.) not (RM'000).

News & Blogs

2019-05-10 17:57 | Report Abuse

Last time, LKS and all his 40 "men" cursed and cursed TM like "No Other Business". Today, this same LKS and his 40 "men" changed because they all are receiving the 72 virgins every day and smiling since 08-May-2018 till now. Whatever now Tun says, they agree 100% without a single thought. Maybe what they called MCA people as Dogs now come their turn. HAPPY DOGGIES to the bunch of DAP men. Karma is now eyeing on you all. You all are becoming Dogs like what you called MCA before. GOOD DOGS...DAP.

News & Blogs

2019-05-10 17:39 | Report Abuse

Following Calvin Tan is always safe and sound. He always stay safe by giving safe companies to buy. Knowing him for so long here, I believe he is always a no nonsense guy who do not simply ask people to buy just because he wants to sell. I have followed him for more than a decade or two since LUTH's time. I followed him on buying MjPerak a good undervalued stock but it did went up occasionally not high but equally came down too fast to sell. Calvin and me are still holding MjPerak despite them having change their board members. Bravo. Calvin Tan. Keep up your good and honest works. I, Musang King is from KL and a businessman. I am also keeping Chuan Huat shares now market value at 40 sen but NTA at RM1.88 I hope Dato Lim will continue to buy up more Chuan Huat shares to protect his own company.

News & Blogs

2019-05-08 14:28 | Report Abuse

BIG NEWS if the new PH Gomen can direct all the Malaysian Banks to accept NTA of a plc to value its share value. Do not use the market force to decide due to mass speculation and manipulation detected as we all clearly know. Yes. It will be a BIG NEWS to all valued buyers and investors in Malaysia.

Stock

2019-05-07 16:39 | Report Abuse

The Nobita that sing "ABCD GST". Search Google for Nobita images.

Stock

2019-05-07 14:39 | Report Abuse

Nobita said, give him 3 yrs for Bursa to come back. don't worry he said.

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2019-05-07 14:38 | Report Abuse

MjPerak was stronger in share prices during BN rule. But when PH took over, all prices (almost all) KLSE stocks fall. So, MjPerak falls got nothing to do with Calvin Tan

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2019-05-06 14:35 | Report Abuse

Thanks Calvin Tan still holding on to his shares in MjPerak. He truly walks his talk in supporting MjPerak. Cheers, Calvin Tan Eng Hai.

Stock

2019-04-17 17:01 | Report Abuse

What not expect to go down. The whole BSKL also down like SHIT.

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2019-04-03 17:07 | Report Abuse

Actually MjPerak can easily be cornered as there are very limited shares available for trading in the market. 55% of them belongs to the Perak Govt while KUB took the other 5%. At 27 sen, it is extremely cheap compared with its net worth value of 70 sen which is not inclusive of huge land banks yet to be reviewed. Previously it's NTA was RM1.13 and more because their Pref Shares not matured yet. Now the PS have matured and merged to become their mother shares, thus MjPerak NTA is now finalised at 70 sen.

Stock
News & Blogs

2019-03-26 17:09 | Report Abuse

@lextcs NTA for PA Resources is only RM0.0597 and NOT RM5.97 as reported by you.

News & Blogs

2019-03-26 15:50 | Report Abuse

The problem with Koon Yew Yin. If he choosed to support the Mahathir's government, he must support his current government as well all the way whom Mahathir places his trust on. About 6 months ago, I recommended to him to help the Perak Government and at the same time help the Perak community to own as much MjPerak shares as possible (since MjPerak has so much Perak landbanks). Buying MjPerak shares is a Win Win Situation for him as he is so old already. At least he can do "something good" for Perak before he passes on later which is for sure as everything is impermanent in this world. MjPerak total number of shares is just so small for him to help if he wanted to. He can easily bring Perak up with just a simple move but he refused but chooses to push Cariman and Dayang up instead. What a pitiful old man? It is still not too late to help Perak as well as himself where he lives from young to old age. Long lives Koon Yew Yin. Please do not quarrel or fight with people you do not like anymore. With your capability now, you just smile your way to the banks. To Mr Koon Yew Yin, Cheers and Long Live Koon Yew Yin. May you be well always. Thank you for listening.

Stock

2019-03-26 15:49 | Report Abuse

The problem with Koon Yew Yin. If he choosed to support the Mahathir's government, he must support his current government as well all the way whom Mahathir places his trust on. About 6 months ago, I recommended to him to help the Perak Government and at the same time help the Perak community to own as much MjPerak shares as possible (since MjPerak has so much Perak landbanks). Buying MjPerak shares is a Win Win Situation for him as he is so old already. At least he can do "something good" for Perak before he passes on later which is for sure as everything is impermanent in this world. MjPerak total number of shares is just so small for him to help if he wanted to. He can easily bring Perak up with just a simple move but he refused but chooses to push Cariman and Dayang up instead. What a pitiful old man? It is still not too late to help Perak as well as himself where he lives from young to old age. Long lives Koon Yew Yin. Please do not quarrel or fight with people you do not like anymore. With your capability now, you just smile your way to the banks. To Mr Koon Yew Yin, Cheers and Long Live Koon Yew Yin. May you be well always. Thank you for listening.

General

2019-03-26 15:46 | Report Abuse

The problem with Koon Yew Yin. If he choosed to support the Mahathir's government, he must support his current government as well all the way whom Mahathir places his trust on. About 6 months ago, I recommended to him to help the Perak Government and at the same time help the Perak community to own as much MjPerak shares as possible (since MjPerak has so much Perak landbanks). Buying MjPerak shares is a Win Win Situation for him as he is so old already. At least he can do "something good" for Perak before he passes on later which is for sure as everything is impermanent in this world. MjPerak total number of shares is just so small for him to help if he wanted to. He can easily bring Perak up with just a simple move but he refused but chooses to push Cariman and Dayang up instead. What a pitiful old man? It is still not too late to help Perak as well as himself where he lives from young to old age. Long lives Koon Yew Yin. Please do not quarrel or fight with people you do not like anymore. With your capability now, you just smile your way to the banks. To Mr Koon Yew Yin, Cheers and Long Live Koon Yew Yin. May you be well always. Thank you for listening.

Stock

2019-03-19 17:29 | Report Abuse

If you take a look at MjPerak land banks, they are all not re-valued since they acquired them at cost. Their land banks are so huge.

Stock

2019-03-19 15:22 | Report Abuse

Today New investors are buying into MjPerak. So cheap now. Better buy now. If you have no trust in the BN gomen, you must have trust in the New Pakatan Gomen.

General

2019-03-02 16:49 | Report Abuse

I have full confidence in this Amtek biz now (not before) after they have disposed off all the loss making biz last year. I am now in exactly the same situation like Amtek. My biz has a piece of industrial land plus bldg worth many millions now in the city of KL which I bought for only RM1.5 Mil in 2002. (So in paper wise I make at least 10 times more based on my current land valuation alone). But mine, I still running a good business in my property.

In Amtek's case, the situation is the same. They bought the 7 acres land plus bldgs way back in 1994 (I think) at RM6 Mil. Until today, they have not re-valued their land at all by still placing RM6 Mil as their value of their properties. Today they have sold off all their loss making businesses and left remained this 7 acres of properties all pre-occupied by the directors and major shareholders renting at the minimum rental rates. See Commerce.dot com and MPH are occupying this piece of land at cheap cheap rental prices. (RM18K per month controlling the whole 7 acres land - Wahliao erh).

It is because they did not revalue their land at leave it at RM6 Mil (out of RM50 Mil Share Paid Up Capital), this AMTEK automatically became a PN19 company by status observed by the Bursa Malaysia. They can easily lift off this PN17 status by just preparing a New Valuation Report for the 7 acres Land, their worth per share easily shoot up to RM1-00 per share or more based the the current value of the Valuation Report. (if value at 50Mil, the worth is RM1-00 ps, if value at 100Mil, the worth is RM2-00 ps and so on).

I have great interest in buying more if the prices are still low. Wait till they do what they like to push the share prices down (maybe for their privatization purpose so that they can buy cheap cheap). The prices and worth of PJ Industrial land will never drop but rising every year.

Rich and well known people are behind this Amtek. Do your due diligence and you will find out who and who. So long, happy investing into Amtek. The Share Capital is very very small.

Stock

2019-03-02 16:45 | Report Abuse

Now the NTA for Chuan Huat is RM1.88 Wow..great news. Maybe time to give out good dividend too.

News & Blogs

2019-01-29 18:20 | Report Abuse

THE FARMER HAS A DOGGY. BINGO WAS HIS NAME. B I N G O...B I N G O...WOOF...WOOF...

News & Blogs

2019-01-28 17:21 | Report Abuse

What about MPH? Owned by Syed Mohktar Albuhkari. A strong supporter of Tun Mahathir. His MPH office hq and warehouse is right in PJ Sek.51. MPH (Malaysia Publishing House)

News & Blogs

2019-01-25 15:57 | Report Abuse

No doubt Dr Chen Lip Keong is an ultra rich Papa, but Karambunai account is not impressive at all owing Creditors and Bankers few hundred Millions but nobody owing them much. Despite the last 2 years making monies, previous years made huge losses. Overall, at 10.5 sen now is still a slightly under-valued stock with an NTA of 15 sen.

News & Blogs

2019-01-02 16:11 | Report Abuse

So big gamblers better beware. All your gambling habits are recorded and reported to the gomen. Good time to control all your gambling routines.

News & Blogs

2019-01-02 16:08 | Report Abuse

Uncles, Aunties kena lottery, jackpots from Clubs and Genting Casino all have to report to the bank for money deposited. Robbers and thieves now cannot use bank in money to banks. All must keep their money at home. You go gamble in Clubs and Casino, clubs and casino will inform IRB and BNM that the money came from you. There is a form to fill to report everyday like the form the Sales Dept used to fill when you buy cars and properties. More works for the banks, clubs and casino accounts dept. Bravo.....Good

General

2018-12-31 17:14 | Report Abuse

Looking back to all the past Charts, prices were always below RM1-00 because the group Amtek was not doing good business in Textile and Related Trades - mainly selling and distributing Crocodile Brands. In Feb to May 2018, they have sold their last loss making businesses and rights away to a willing buyer also at a Loss and re-negotiated loss. By right, if a group like Amtek has no more losses to report but having 2 pieces of properties, one in Penang and the big one in KL, PJ, they have to re-value their properties for accounting purpose. Instead they kept quiet and they still insisted on keeping the properties price low at RM6 Million. The major shareholders are property developers themself. They should know how to revalue their properties but they just ignore.....thinking nobody would check on them. FYI, once they revalue the properties, Amtek share prices would fly up and up to at least RM2-00 and more because the Land itself without the buildings actually worth more than RM150 Million. ( But they still report as RM5,997,000 only )

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General

2018-12-24 18:35 | Report Abuse

I am writing this topic because I am minority shareholder of Amtek. I notice the recent trend that someone purposely threw a few hundred shares just to push the share price down to the minimum. Maybe he has the intention to pay as little as possible to all the Minority Shareholders when he proposes to take the Group private. This individual is trying to save as much money as possible for himself because come privatization day, offer prices are quoted based on Moving Average of the Share Prices over the Last Few Day or Months or so. As such, I would sincerely wish to seek everybody's help here ( Whoever Capable Enough) to help me bring the Amtek Share Price to a Reasonable Price of above RM2-00 to RM3-00 because that is what the group worth at the current moment. I personal, DO NOT like the few Rich people to take advantages of the listing of Public Listed Companies' loopholes to maximize their own personal gains and benefits only for their ownself. Remember, the whole piece of 7 acres land is now fully utilised by the Directors and Major Shareholders and they are paying very minimal rentals back to the Amtek for years already. Look at the Accounting Reports about Rental Income, it is so MINIMAL. I just hope those big investors and gurus like Calvin Tan, Koon Yew Yin, sslee, Tan KW, savemalaysia, Alan Nga, Jordan Khoo, Rosen Steela, qqq3, CP Teh, James Ng, Minority WatchGroup and all interested parties could help. Thank you all in advance. Merry Christmas and a Happy New Year 2019.

General

2018-12-24 17:26 | Report Abuse

If you are interested to win back some money, try to study their Annual Reports over the year end holidays. If any of you wants to ask me any questions regarding Amtek counter, I am happy and generous to share with you. This Amtek's accounts is not difficult to read. A very straight forward Accounting Report with hidden treasures. Trust me.

General

2018-12-24 16:59 | Report Abuse

I am starting this Topic because I found out that there are a lot of treasures and potentials hiding inside Amtek.

First, the price is the lowest now.

Second, Amtek sold its last lost making business away recently so there is no longer having to report anymore losses.

Third, Amtek is holding a massive piece of expensive prime land of 7 acres in PJ Section 51 at a price of only RM12 Million.(Based on Market Capitalization of Total Capital of 50,000,000 multiply by the current market price of 22 sen per share.) Almost the whole stretch of Jalan Tandang 204A belongs to Amtek.

Forth, If you change and revalue the Cost Price of RM6 Million Assets shown in their accounts as Properties of the Group as at today to the Regularization Date (maybe the longest is 6 months from now ie May 2019 as the Management had just applied for 6 months extension effective 20th Dec 2018), the Revalued Price according to today's Market Price would be around at least RM150 Million. Currently, all the above properties are being utilised by their own linked companies such as Commerce.Dot.Com, MPH Group and other affiliated companies around.

Fifth, if you convert the Market price of the Section 51 PJ land to RM150 Miilion over the Total Number of Shares of 50 Million, you will get an anticipated Share Price of RM3-00 per share.

Sixth, let's buy up all the remainder of the shares in the market. There is not much left (estimated 8% only as the rests are held by all the shareholders from 1999 till now). As the price is so cheap now.

Lastly, as because everybody thought PN17 company is not worth a penny. You all could be wrong this time. Please buy as much as you possibly can as the owners are trying to take the group private for their own gains.

GOOD LUCK EVERYONE LISTENING HERE. CHEERS and A HAPPY NEW YEAR 2019.

Stock

2018-12-12 16:17 | Report Abuse

Time to buy....Masteel at its lowest.

Stock

2018-12-10 19:12 | Report Abuse

KYY..Jaks articles on various dates..

Yesterday the total volume for Jaks shares changed hands was nearly 130 million shares and I sold about 20 million shares. Besides my selling, there must be a lot of people also selling. "Who would sell at this unrealistic price?" on 01/12/18 UNREALISTIC PRICE..

We were fortunate introspectively to have sold a huge amount of our holdings at higher prices in comparation with the current price of 50 sen per share. We have completely sold all our holdings.

Based on our average selling price of "80 sen", our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me. on 08/12/18 AVERAGE 80 SEN..

WOW...SO SORRY TO HEAR THAT KOON YEW YIN LOST RM64 MIL. INVESTING WRONGLY INTO JAKS. HE SHOULD NOT HAVE INVESTED INTO JAKS OR LION INDUSTRY, BOTH ARE STEEL COUNTERS. HE SHOULD HAVE INVESTED INTO MAJU PERAK INSTEAD. HELP MJPERAK MEANS HE CAN HELP BACK HIS PERAK GOVERNMENT NOW UNDER PAKATAN HARAPAN.

Stock

2018-12-07 15:58 | Report Abuse

MAYBE NGA KOR MING AND KOON YEW YIN CAN TAKE MJPERAK PRIVATE AND BECOME THE RICHEST MAN IN PERAK WITH SO MUCH VAST LAND BANKS. POSSIBLE ISN'T IT?

News & Blogs

2018-12-07 15:53 | Report Abuse

NOT GOOD LUCK ANYMORE. TIME FOR YONGTAI INVESTORS TO JUMP AND I JUMP....KAMIKAZE TOGETHER. WHO CAN AFFORD TO LOOSE SO MUCH MONEY IN SUCH A SHORT TIME. BANKERS ALL SENDING OUT RED ALERT SECRETLY THRU WHATAPPS. HAHAHAAAAA.

News & Blogs

2018-12-07 15:44 | Report Abuse

REALLY A VERY BAD OMEN TO ALL INVESTORS IN BURSA. IT WILL TAKE 2 -3 YEARS TO RECOVER. I THINK WE UBAH FOR SHARES TO GO DOWN. CORRECT ME IF I AM WRONG.

News & Blogs

2018-12-07 15:40 | Report Abuse

FALLING WORST THAN MYEG OR GAMUDA OR GENM. WHY? I THINK OUR NEW GOMEN IS A LOUSY GOMEN. ALL SHARES FELL HORRIBLY AFTER GE 14 SINCE MAY 2018.

Stock

2018-11-23 17:27 | Report Abuse

EVER SINCE NEW GOMEN TOOK OVER, OUR BURSA KEEPS DROPPING LIKE SHITS.

Stock

2018-11-22 17:10 | Report Abuse

Never experience 22 sen before. The most extreme low was 28 sen.

Stock

2018-11-22 17:09 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2018/11/02/i-removed-tycoon-as-adviser-not-perak-sultan-says-mb/

Cibai PH Government removed Koon Yew Yin from the Perak Council. Now MjPerak shares keep dropping everyday. Cibai Gomen cannot help but help destroy MjPerak Shares. What a Shame?

News & Blogs

2018-11-22 17:02 | Report Abuse

RHB talks cock so easy. If the Pakatan budget is good, share prices would have all gone up instead of down all the way. F the PH gomen.

News & Blogs

2018-11-22 16:58 | Report Abuse

PH full of hypocrites and liars. Proven. Rakyat got cheated. Now shares everyday going down eversince GE14. Even after winning GE14, the first thing they bull shitted was our National Debts went up to RM1 Trillion from RM630 Billion. After that, foreign investors all cabut kuat kuat. The damages done by the PH is hillarious.

Stock

2018-11-03 16:48 | Report Abuse

Where got 0.62...Only 0.38 lah.AhPek

News & Blogs

2018-11-03 16:22 | Report Abuse

1) In Malaysia many Companies with Assets like Real Estate sitting on ancient book value which were taken private at a huge disadvantage to minority shareholders.

Tell SC to make it compulsory for all Listed Companies in Malaysia to do a Complete Up To Date Revaluation of All Properties before privatisation is allowed

This will allow all to SEE THE ACTUAL NET TANGIBLE ASSET VALUE OF THE COMPANIES

Example is the privatisation of THE STORE. THE STORE was taken private below Rm4.00. But if THE STORE's prime assets were to be revalued it should at above RM10.00 a share - 100% AGREED WITH CALVIN TAN.

Stock

2018-11-03 16:16 | Report Abuse

Another reason why MJPerak keeps dropping further. KKY now not interested in MjPerak after what transpire lately. Grrrrrrrrrr......Cibai Government.
https://www.freemalaysiatoday.com/category/nation/2018/11/02/i-removed-tycoon-as-adviser-not-perak-sultan-says-mb/

Stock

2018-10-10 17:58 | Report Abuse

No wonder Mr Koon Yew Yin delays buying into this counter. He fears the New Government inexperiences in handling and leading the economy back fire. This is a new comment from our hero Mr Koon Yew Yin. I really respect your honesty despite the fact that you are a PH Gomen supporter. Cheers. https://klse.i3investor.com/blogs/savemalaysia/177591.jsp