Either a paid promoter or a waterfish who stuck badly in AT

Maybe...

Another plus point is Philip knew some internal staff of Serbak...may got insider news...

But I m not sure whether his insider is Karim or office boy or tea lady lah

Why Am I Buying Xingquan? Koon Yew Yin
Is Xingquan a Good Bet? Koon Yew Yin
Xingquan is a Good Bet - Koon Yew Yin

Why I bought even more SERBADK bonds and stocks- Philip

Deja Vu?

Hope Philip will not follow the same fate ah.....amen

KYY bought from RM1.50+ to RM0.025 b4 Xinquan suspended n delisted, despite my noble advices to him during the said 2 to 3 years, though he always cursed me on my bad England n my financial status (not bad lah but cant compare to him....)

At the end RM15.8M is gone.

Philip at worst lose few millions only in Karim's stocks n Serbak junk bonds...sup sup suai lah

Xingquan is a Good Bet - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Fri, 8 Sep 2017, 11:26 AM

I am sorry that I made a mistake in calculating my average cost per share in my previous article “Is Xingquan a good bet?”.

Xingquan was listed in 2009 with CIMB as the under writer at Rm 1.75 per share. I did not buy any share in 2009 and its it's 2009 annual account shows that I did not hold any shares.

As you know its price has been falling quite rapidly ever since the company was listed. I started buying it in 2010 when the price fell below Rm 1.00. Its 2010 annual account shows that I had a total of 17,005 million shares. I think my average price is about 70 sen per share.

(1) My cost is 17.005 X 0.70 = Rm 11.9 million and the price is falling rapidly ever since my purchase.

As you know, Xingquan has been selling around 10- 12 sen per share for a long time and I bought 19.4 million shares at an average cost of 11 sen per share.

(2) My total cost is 19.4 X 0.11 = Rm 2,13 million.

When SC gave notice of suspension, its price plunged to trade between 2-5 sen per share and I bought 50.5 million shares, almost all the shares traded during those few days.

(3) My total cost is 50,5 X .035 = Rm 1.77 million.

The total of (1) + (2) + (3) totalling 86.9 million shares costing Rm 15.8 million

My average cost is Rm 15.8 divided by 86.9 = 18 sen per share.

There is always some risk in buying any share. They say ‘No risk no gain and the higher the risk the higher is the gain”. There is also a saying “The higher you climb, the bigger you fall”. Which is right?

The game is not over yet!

Unlike the case of VS Industry; very few people knew that I had been buying VS so aggressively until I became the 2nd largest shareholder, holding 102 million share, as shown in its 2015 annual report. The price of VS shot up 550% within 18 months.

Now I am in the lime light. The whole investing community thinks that I am crazy.

At the same time, they also know of my successful track record.

The road to my successful track record is knowledge, confidence, willing to take calculated risk and patience.

If you are patient you can buy cheaper or sell at a higher price.

The reasons why I am willing to take the risk of buying so much of Xingquan shares are:

I visited Xingquan’s factory in Jinjiang, Fujian, China. Although I was so impressed, I did not start to buy Xingquan shares because I practise what I preach-patience! Patience! Patience!

Xinguan received more than Rm 100 million from the IPO and it spent it on building a huge factory with all the ancillary facilities and 7 blocks of flats to accommodate 3,000 workers on a very large piece of land given the Chinese Government for a song. The company also has 110 distribution outlets in some of the shopping malls in the larger towns and cities in China. All these assets would have appreciated by now and they belong to all the shareholders. All these solid assets cannot disappear in thin air.

That is why the audited account shows that its NTA is Rm 1.90 per share. Moreover, it has cash and no bank borrowings.

In early June, when so many people were rushing to sell before its suspension, I took the risk to buy 50.5 million shares, almost all the shares traded during the few days.

I was told the controlling shareholder is making preparation to comply with the rules of SC in order to relist the company.

Another possibility is that the controlling shareholders do not want to relist the company to avoid all the hassle. In this case, I will be holding shares of a Sdn Bhd company, just like most business men doing businesses in Malaysia.

I believe in human nature. Eventually, the controlling shareholders will want to realise their profit from their investment. As a result, I will get my share of the profit. I hope I am right!

Is Xingquan a Good Bet? Koon Yew Yin
Author: Koon Yew Yin | Publish date: Tue, 5 Sep 2017, 9:21 PM

As you know, Xingquan was trading at between 2 sen to 5.5 sen in early June 2017. I bought a total of 50.5 million shares at an average price per share of 3.5 sen. I bought almost all the shares traded.

As you also know, Xingquan has been selling between 10-13 for some time and I have been accumulating it. Last year annual report shows that I have accumulated 36.4 million shares. Now I have a total of 86.9 million shares and my average price per share is 6.85 sen.

Is 6.85 Sen Per Share a Good Bet?

I recall that CIMB was the under writer at Rm 1.70 for its IPO about 7 years ago and the auditors was and still is SJ Thornton of Singapore. I remember its retired senior partner a Chartered Accountant, is my cousin who is also 84 years old like myself.

You can see in its latest accounts that its NTA is Rm 1.90 per share with a lot of cash in the bank. I cannot believe the company could simply cooked the books to bluff the highly respected auditors for so many years.

I visited Xingquan’s factory in Fujian. It used all its money from the IPO to build a large factory with hostel accommodation for 2,000 workers. These assets must have appreciated many folds.

The Question is Can I Trust CIMB and the Auditors?

I noticed that most of the shareholders complained that the company gave them very little dividend at every AGM and they do not believe the audited accounts is true. If only the company gives out a little more dividend the share price would be different.

It has been selling about 10 sens for quite a long time and I have been buying.

A few months ago when Securities Commission issued notice to Xingquan to submit the 3rd accounts or it would be suspended, its price dropped to 2 sen and I bought almost all the shares traded. I bought a total of 50.5 million shares at an average price of 3.5 sen.

According to Bursa announcement, Xingquan did not submit its 3rd quarter accounts in time because its accountant’s contract was not renewed. As a result, many shareholders rushed to dump their holdings.

The company announced that it is looking for a suitable accountant to be able to submit its 3rd quarter accounts.

It is only natural, one day the controlling shareholder will sell all the company’s assets to benefit themselves and all the shareholders. Its audited accounts shows that its NTA is Rm 1.90.

I can imagine the amount I will make from my 86.9 million shares, costing me 6.85 sen per share. I will be laughing all the way to my bank.

In any case, there is always some risk in buying any share. I think Xingquan is a good bet.

https://klse.i3investor.com/blogs/koonyewyinblog/2015-12-30-story88909-Why_Am_I_Buying_Xingquan_Koon_Yew_Yin.jsp

Philip very smart old dog loh?

Hiong hiong hoot Serbak Junk Bond playing casino war.....

Posted by Sslee > Jun 16, 2021 11:14 AM | Report Abuse

Philip has improved a lot, now also know how to do a short trade.

Not long ago last year always curse Speculator or Punters like me will lose till pokxi...Now Philip is even more garang than me.....lol

In either case, thanks to serba analysts in my telegram group as well as some on the internal staff of serba in the group, I am willing and happy to share as much info as I can.

I remembered KYY always boasted he makan lunch with Boss (Mudajaya) or sing kara Ok in Vietnamn with ALP (JAKS) or took helicopter with Boss (Jtiasa) to visit oil palm plantation or visit newly built hostels in China (Xinquan)

At the end all die hard.

So how powerful is yr internal staff of Serba? Karim ah?

50 15-Jun-2021
Sell SERBADK -1,000,000 0.695 +692,749.75

49 14-Jun-2021
Buy SERBADK +1,000,000 0.58 -581,911.00

47 01-Jun-2021
Sell SERBADK -2,000,000 0.895 +1,784,519.50

46 01-Jun-2021
Buy SERBADK +3,000,000 0.795 -2,392,235.75

unlike somebody always talk cock abt 10 years value investing but at the same time posted him bought Serba at low price after rebound n then posted he sold the shares after price came down on the following day

Philip ( buy what you understand) Unlike you I am very active in my telegram. I share all the analyst reports that I attended on zoom with the group, and also the reason why awang was force sell his shares. Facts and data are far more important to me than your senseless bickering with no results to show.

You disappear for months after losing money on the stocks you promote.

Have you ever considered the reason why the price go up is also because someone(s) decided to buy big at low price?

Water fish like you will never understand but blame everyone for everything.

But yes, continue to be a troll, because that is what you do best isn't it? Rather than making money, you make complaints and comments.


U sure what rubbish u talk ah? lol

Which stock I promoted lose money n cause me to disappeared for months? Supermax ah? lol

Philip has learned fm Pak Tua/Mabel...

If price rebound then i bought ytd at low price

If price drop then disappeared for days...

Posted by paktua73 > Jun 14, 2021 9:33 AM | Report Abuse

paktua manage sold 80% total share at 0.605-0.615
just bring back most of capital..
20% balance sold on loses at 0.60..
admit tiny lost..


**not buy or sell call just own sharing..



tut tut
lucky manage escape with tiny loses only

lol....talk cock no 1...all imaginary trades like Mabel

One batch of waterfish left, another batch comes

rip

Posted by Windy1974 > Jun 11, 2021 4:48 PM | Report Abuse

probability. Their website looks dodgy but base on what you alleged they don't exist?

When he still hold SCIB then it is real

When he didnt hold SCIB anymore then it's fake

Posted by probability > Jun 11, 2021 4:22 PM | Report Abuse

Just verified that Najmat al Maisan LLC does not even exist physically. They have a fake website.

Serba is 100% confirmed fraud.

Posted by probability > Jun 11, 2021 4:23 PM | Report Abuse

This is disaster company, not worth to put a penny

Sold all yr SCIB oredi ah?

rr88 cut loss oredi ah?

Mabel leh?

If it breaks below 0.60 u will be the first to sell I think...lol

no point to get stuck for 1 for 2 cents possible gain

yeap....i also dare not trade

Still can go up not bad woh..

Last few rounds good result then price drops...this round is terbalik

His predictions basing on TA is 50% accuracy...either kena or not kena only

Posted by Petronas > Jun 9, 2021 2:12 PM | Report Abuse

CharlesT
I thought rr88 is a real Sifu.

I wanna laugh...but if rr88 see this he will laugh non stop

hope will not see 3.50 in this year....Amen

Actually current price has more or less factored into this...anyway just wonder how low it can go

Maybe can forfeit the deposit if buyers cancel the order

Posted by HopelessGlove > Jun 9, 2021 1:54 PM | Report Abuse

Q4 =1.6b
Q1 /2022 = 1.2b
Q2/2022 = 600m
Q3/2022= 300m
Q4/2022= 100m ??

Before covid 2/2020 QR =111Mill .
Will backwards???
Think your self
\
May not be that bad lah...a 25% drops in each Q is more likely

Never lose n only 100% winning records swee swee

If Serbak close lower this afternoon rr88 will delete no worries

Low 0.625 High 0.665 diff of 0.04

Not easy to trade lah..vs the risk

Posted by Mabel > Jun 9, 2021 9:56 AM | Report Abuse

#RISK8888 Careful, very high risk counter. Pak tua pun hilang. Mabel pun silent. All supporter has gone. Dont be the last to run. Really painful looking at the price dropping day by day. The boss also not coming out to calm the investor. So sad.
09/06/2021 7:23 AM

Mabel is silent because Mabel is trading quietly...

Yesterday Mabel Sweep at RM 0.620 and sold at 0.665...

Today trying to do the same...

Oh Mabel if u say u can fly n u r not mentally ill I will also believe in u

Posted by HamsterHuat > Jun 8, 2021 10:27 PM | Report Abuse

All believer....keep buying or average down lah.
Show them...naysayers.....you have the last laugh...

Action please.....no NATO lah...

Along the way (fm 1.60+ to 0.60+), many believers disappeared....but comes another batch of believers again.....lol

Cheap? If confirm got book cooking then it may not be cheap now

Transmile dropped fm Rm15+ to few cents b4 delisted within 2 to 3 years

Bond bid price 28...mother share has to see 70% drop at least i think

Posted by Sunshine > Jun 8, 2021 10:49 AM | Report Abuse

Telurgoreng, there is a respond by Serbadinamik on this matter, all consolidated into a PPT.If you read it, the silly party is KPMG,for reading the address wrongly or ignore a change of address in Jan2021.

Seems like a job of a rookie auditor.. Address also can read wrongly and dare take picture without first clarifyong with mgmt.

At least still can see junior auditor's story even today

Posted by Godstock8888 > Jun 8, 2021 10:43 AM | Report Abuse

someone collect at 0.62 , if you are panic and worry pls sell now

U not worry ah?

Most long term investors in Oil n Gas Co suffers hefty losses

The only 2 exception are Dialog n Yinson....But dunno for how long lah

Gmail n yahoo mail is free mah....cut cost..

wanna trade for 3 to 4 cents gain also tough...

Posted by MasterYoda > Jun 8, 2021 9:12 AM | Report Abuse

tau foo fah tau foo fah tau foo fah

not old newspaper ah?

After get burnt in Glove....lol

Trust me, idxxts can hardly survive in Stock Mkt...go place FD better for u

Posted by LaoTzeAhSir > Jun 7, 2021 10:26 PM | Report Abuse

charlest is like a bltch seeking for master attention, desperately. so funny.

U also stuck badly in Serbak ah? lol

After thousands of positive n negative comments over the last few days, we will see what will happen today...

Dont worry lah there will only be 5 possibilities as follows:

1) Limit Up
2) Limit Down
3) Up
4) Down
5) No up No down

lol

Typo...once

Jokes will be gone as long as SCIB becomes zero in one's cds ac...

Could be days or weeks later