Posted by Yu_and_Mee > Nov 26, 2021 8:58 AM | Report Abuse

CharlesT, tomorrow no limit down for 2 reasons:
1. Market close.
2. After 2 days of limit down, the same lowest price maintain for 3rd trading day

true also..my bad

Pray wouldnt limit down tmr....

Another limit down tmr

Posted by ipohwhitecoffee > Nov 25, 2021 11:09 AM | Report Abuse

From 2.60 to 0.82.

RIP fellow ATAians.

Dyson contributes ard 80% of their biz? Then 20% X 2.60=0.52

Long term? Will be like ARBB n Ages loh

But small cap lah

Same group with ARBB n Ages....

Fatty Liew's creative accounting works....lol

Old Con kena again....this round no need to sell land..

Last round kyy used margin 99 to goreng Jaks till burnt (at the end kena goreng)

Anyway he got lands to sell to meet the margin calls n losses

Do u hv lands?

2022's Annual Report likely to see more than 100k long term shareholders

If u have lands to sell in Ipoh when u meets margin call then ok lah can hentam 99

Have to wait and pray for the next pandemic to come

Number of shareholders as per Annual Report 2019 : 15,582
Number of shareholders as per Annual Report 2020 : 51,323
Number of shareholders as per Annual Report 2021 : 78,370 (18 Oct 2021)

It seems not only the old waterfish mostly are still around, while new waterfish keeps on coming in (increase of more than 50% in 2021) catching the dropping knives

Like it or not all will stuck in glove for a long long time...becomes the so called real value long term investors

99% comments r negative...it seems now even donkey also know Koon's monkey tricks

Posted by CharlesT > Nov 11, 2021 4:44 PM | Report Abuse X

Koon Bee will still go on in future lah

Dont know for how long only....old koon is close to 90

So can make just make

Money n profit is everything in stock mkt

u think its kindergarden i dont want to be friend with u anymore meh

One of the most lousy stock blogger

I think he follows OTB's buy call on AYS when AYS annouced their last Q result where prices shot up fm RM0.40+ to RM0.60+

Then likely to buy in fm time to time....I guess maybe ard RM0.60+ to RM0.70+

https://klse.i3investor.com/blogs/koonyewyinblog/blidx.jsp

More than 10 posts on AYS he made in the last 2 weeks....

Guess whether he is buying or selling?

Their money is in the stocks lah...high borrowing is mainly short term financing...The same goes for Ann Joo etc

Anyway they may be hit more badly with the recent sharp price drops

Posted by Sslee > Nov 10, 2021 11:32 AM | Report Abuse

I just wonder why ALP of JAKS never kena margin call forced selling?

The Boss is very sneaky i guess...anyway he has to thank Koon Bee

KYY donated him tens of millions RM few years ago, then OTB also helps to raise some donations to him again last year...

Not glove co....mostly retailers kena...n kena badly....

I believe all glove bosses making tons of money last year...can last for many generations

f he dares to hentam big again in small capital co then he may find difficulty to exit

Dont worry, either he make or he lose only

https://klse.i3investor.com/blogs/koonyewyinblog/2018-12-08-story185767-JAKS_My_Most_Expensive_Mistake_Koon_Yew_Yin.jsp

JAKS - My Most Expensive Mistake - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Sat, 8 Dec 2018, 12:03 PM

I have been looking at the price chart of Jaks and when I saw the price began to move upwards in January 2017, I started buying at about Rm 1.10 per share. I was so excited when I read the following announcements by Jaks:

1 On 22 March 2018 placed out 50.7 million shares at Rm 1.39 per share and on 16 March 2017, 43.9 million shares at about Rm 1.40 per share.

2 On 13 June 2018 Ang Lam Poah, the CEO bought 50,000 shares, on 12 June 2018 bought 200,000 shares and on 8 June 2018 bought 550,000 shares from the open market at about Rm 1.40 per share.

The main objective for buying so many shares by the CEO Mr Ang Lam Poah and all the institutional buyers of the placement shares must be Jaks’ JV with the Chinese companies to construct the 1,200 MW power plant to sell electricity to the Vietnamese Government. The 3 Chinese National Banks must have studied the power purchase agreement before they were prepared to finance Rm 7.76 billion for the project.

During the construction, the Chinese pay Rm 454 million to Jaks and this sum of money is to be used as capital for owning 30% of the Joint venture. Moreover, the Chinese would undertake the construction of the power plant.

It is like the Chinese Banks is giving a profit guarantee to all the Jaks shareholders every year for 25 years when the JV sell electricity to the Vietnamese Government.

Based on the above, the share price should go above the share placement price of Rm 1.40 when the 1,200 MW power plant is completed in 2020.

My wife started to accumulate more shares and we finally bought a total of about 160 million shares with margin financing. We bought too many shares with margin finance. Our average price should be about Rm 1.20 per share.

If you look at the price chart, you can see the price went up to Rm 1.85 in Feb 2018 and when I saw it started to drop, we started selling. I should have sold more to avoid force selling. It was my greed that I did not sell more shares.

In fact, forced selling was a blessing in disguise for us.

We had to sell to meet margin calls. The more we sold the more the price would drop. Forced selling is a vicious cycle.

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.

This is my most expensive lesson in my life.

I believe I can make back some money using my golden rule for selecting shares- the company must report increasing profit for 2 consecutive quarters.

Sad to say that Jaks does not comply with my golden rule anymore because it has too much borrowings to finance its properties during the current depressed market. Jaks will continue to report losses in the next 2 or 3 years until the completion of the power plant.

Life has many challenges, don’t give up because life also has many solutions.

The sun is a daily reminder that we too can rise again from the darkness.

Posted by Sslee > Nov 10, 2021 10:32 AM | Report Abuse

Someone just whatsApp me the below message:

An executive cum major shareholder of a certain glove company committed suicide. The trigger being that he was deeply in debt due to losses from speculating in his company’s stock price on margin

I sincerely hope that all investors would avoid margin like the plague. Even a boss (major shareholder) can’t control his own company’s share price, what makes you think you could amass great wealth with the use of margin? This is a reckless gamble where the odds of losing is 90%.

Stay away from margin, sekian terima kasih

Cant find such news...most likely fake...

Somebody fm his family has to bring him for medical check up on his brain...very likely got Alzheimer's disease

Kena margin call

Maybe Koon will post another 10 articles to promote AYS soon?

https://klse.i3investor.com/blogs/koonyewyinblog/2017-12-18-story-h1452366728-Hengyuan_Reminds_Me_of_Supermax_Koon_Yew_Yin.jsp

Hengyuan Reminds Me of Supermax - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Mon, 18 Dec 2017, 10:46 PM

As you know, I have posted a few articles to recommend readers to buy Hengyuan which you can find in my blog.

Today it went up Rm 1.06 and many of my followers wanted to know what they should do. Should they sell and laugh all the way to their bank?

This situation reminds me of Supermax in 2010 during the HINI fever epidemic. I also recommended people to buy while I accumulated so many shares that I became the 2nd largest shareholder. As shown on the price chart, it went up from Rm 1.20 to above Rm 6.00 within 12 months.

The above chart shows that the price has gone up more than 400% within 12 months. From my long experience and observation, I notice that if 3 persons bought the same share and at the same time, each of them will get different result.

A day trader would be very happy to sell if he got 100% profit.

A short-term investor would likely sell if the price went up 200%. In fact, many weak holders would sell especially during a temporary price correction.

Only serious investors will not sell and super investors would dare to buy some more.

My remisier from Maybank Investment Bank, Ipoh can confirm that my wife and I bought 230,000 shares today. I strongly believe it is still very cheap in terms of P/E ratio. I cannot find another share with such good quality selling at such low P/E ratio.

Can you recommend me one with such good quality selling below P/E 5 ?

This Socxi Jame doesnt know Koon Bee was the black hand behind HengYuan party few years ago....goreng sampai hangus

How many articles he posted here on AYS last 7 days? U go to find out yrself

So far fm Kyy's history, the more articles he posted here to promote a certain stock, the more he is selling quitely behind so

Most commodity co r trading at single digit PE due to their cyclical nature in biz. Steel Co will be the same.

Koon Bee never address on this part ( trading nature of AYS)...only talk abt good profit of last few Q n expect the good profit can last forever...

Fatty Liew got a lot of promoters in I3

Same modus operandi fm Fat Liew (in ARBB n Ages)

Firstly, massive rights issues of PA
Then drastic improvement in sales n profit
Then annouce a lot of projects or MOUs
Then many write ups to promote the co in I3 etc

Pray they dont follow Menara Lien Hoe way.....

Rights issues n then shares consolidation n then rights issues n then...

sense maker Kyy used last two quarters eps, annualised it and then projected it into perpetuity as though the company he was pumping will stay at the height of its earnings power forever. To win your trust, he gave you discount, and the price he targets is still 100% or more from the current price.

He used this kindergarten trick again and again. Steel is a highly cyclical industry lah and when the downtown strikes it can go on making losses year after year as proven by past record.

This kindergarden tricks is copycat fm OTB....n it works well in many cases....lol

not really lah...cant compare at all to Glove Scam

IPP in Vietnam makes good profit but zero div n JAKS have to come out with endless rights issues n PP again n again

Sslee Just a word of caution. Share of profit associate company is accounting paper profit unless the associate company give dividend. So far has Eastern Steel Sdn Bhd give any dividend to shareholders?
25/10/2021 8:41 AM

Not long ago, OTB's ex Ms.Universe JAKS played the same story....

0.50+ seems to be the max this round.sold some to take profit.

C what will happen after ex

EGM soon on 20 Oct.

Lets c

Not knowing the pattern of the boss as its a new Co n they dont have other listed co...

Buy low sell high is safer..as long as we can make money

I will be happy if it can touch 0.50+..

Anyway as long as I can make money then it will be fine

2018开始资本

1,065,205.17

Now

684207.38

2018至今

-35.77%

Only suffers a loss of 35.77% since 2018....considered very good oredi.....by right should lose more

Anyway how would Philip defends?

I can only think of 3 ways....

1) His QL won my MNRB so he is still very smart
2) Challenge me to show my 10 years result or portfolio
3) Claimed that when times are good I talk a lot, when I don't do well I will just go quiet and disappear (quite funny...dont know how he gets such conclusion...but again who cares...)

Maybe can find a more creative excuse this round?

Or u love to suck rich man's balls very much?