SincereStock

SincereStock | Joined since 2017-05-25

Investing Experience Intermediate
Risk Profile Low

Fundamental Value trader / investor base on PE & PB. Anti technical analysis. targeting undervalue company and hoping for privatization (easiest way to earn money)

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User Comments
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2019-05-17 18:15 | Report Abuse

lol not your money la dompeilee, why u sad? you guys here try so hard to save other people's money haha

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2019-05-17 15:17 | Report Abuse

Kinda agree with you Nepo, I am so amazed that someone willing to keep monitoring this counter's comment section 24/7, keep spamming the same thing and claim to be the guardian of the newbies (which he don't know them personally). You can easily do many other good deeds with such effort

however, same concept apply to Calvin who keep on calling people to buy this counter.

actually I think is is very easy, both side have their own agenda, Calvin want to price to go up and the naysayers want to price to go down.

so don't trust anyone here. just analyst what they say and take the points that you can legitly believe

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2019-05-10 13:38 | Report Abuse

no one is better or higher ranking here, let's just discuss the company asiapac with points, nothing should be personal here

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2019-05-10 12:07 | Report Abuse

seriously? everyone talking about him here?

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2019-05-10 12:07 | Report Abuse

better rename this stock company = calvintan

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2019-04-26 17:07 | Report Abuse

@rocket glad you know ^_^

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2019-04-26 16:27 | Report Abuse

@SincereStock nope, I don't have a unit at imago

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2019-04-26 14:18 | Report Abuse

cheap is reason to buy lol

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2019-04-26 09:33 | Report Abuse

@newbie4444 asiapac is big company, they have more than 1 lands / assets. they own Imago mall (sabah's top1 mall) and a land in Labu

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2019-04-24 15:14 | Report Abuse

@musang passingby saja ka? macam lama sudah saya nampak kamu di sini, x tahu ke berapa kali sudah kamu mention "don't fall to con artist" hehe ^_^

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2019-04-24 14:12 | Report Abuse

@valour yeah just invest with cash fund that is not needed for long term, and never use borrowed money, to avoid being forced to sell prematurely (which I believe is 1 of the main reasons behind the recent panic sell)

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2019-04-24 12:37 | Report Abuse

@Nepo welcome :-) hope everything goes well ^_^

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2019-04-24 12:24 | Report Abuse

@Nepo indeed, if I had the money I will collect as much as possible ordinary shares of the company at below RM0.20, or even below RM0.25. I wonder why there is still no cash rich third party or company trying to take over this company at current price.

take over the company > sell the company assets > special dividend = quick money

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2019-04-24 12:14 | Report Abuse

further more, by pushing down the price below rm0.20, at current state, they can buy back even more shares of the company from the retailers at even cheaper price. I suppose this is what major share holders trying to do.

but by doing so, this also open up chance for cash rich 3rd party to get involves and collect significant % of the company shares. look at the recent volume traded, roughly 15% of the company shares is traded in recent weeks. who is the major buyer or buyers?

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2019-04-24 12:09 | Report Abuse

from what I see, it is simply because the company's ordinary share worth way beyond RM0.20, refer to assets the company owns, or simply the NTA.

they introduced the ICULS just so that they can subscribes more ordinary shares of the company at the price of RM0.20 (with 3% annual interest), at the same time also funding the company for future projects.

when some retailers will choose not to subscribes to the ICULS, this will lead to increase in the % stacks of major shareholders in this company (by assuming all of them will fully subscribe the ICULS)

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2019-04-24 11:13 | Report Abuse

thb, I am kinda amazed with the immaturity level here

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2019-04-24 10:58 | Report Abuse

the amount of tourists or malls patrons is just to ensure full tenancy of the mall and it's parking lots (which currently has already very well achieved). there is no need to overload the mall with billion of patrons.

@calvintaneng u exaggerated too much

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2019-04-24 09:42 | Report Abuse

Instead of believing in a random guy that you don't know.(becareful of con artist!) I advise serious investors to come visit the mall by yourself.

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2019-04-24 09:28 | Report Abuse

@nepo basically what you say is right, but you need to calculate the interest gains vs price different of RM0.01 (Rm0.15 - RM0.14) precisely

@musang we get your point already>> don't fall to con artist

but can we also discuss this stock with valid points?

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2019-04-24 08:27 | Report Abuse

another thing for thought about this ICUL conversion thing, major shareholders (insiders) are converting their ICUL to ordinary shares from time to time with the exercise price of RM0.20, they can easily get same amount of ordinary shares through the market at much cheaper price (even at peak RM0.17). what does this mean? at the same time by converting their ICUL prematurely (before expire date), they are also giving up the anual 3% interest

I hope everyone can get the IMPORTANT hidden messages from here.

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2019-04-24 08:22 | Report Abuse

@Nepo the cost of ordinary share is RM0.20 per share. 1 ICUL (RM1) can only be converted to 5 ordinary shares.

refer to this recent exercise >> http://www.bursamalaysia.com/market/listed-companies/company-announcements/5906013

the 1 to 10 thing is last time when this loan stock released, existing holders can subscribes 1 ICUL with every 10 ordinary shares. however 1 ICUL can only be converted to 5 ordinary shares. hope this makes no confusion.

the share price is still below the conversion price of this ICUL, even during the recent peak of RM0.17.

however, do also note that the existing of this loan stock diluted the ordinary shares by 5/(10+5) x 100% = 33%

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2019-04-24 08:21 | Report Abuse

@Nepo the cost of ordinary share is RM0.20 per share. 1 ICUL (RM1) can only be converted to 5 ordinary shares.

refer to this recent exercise >> http://www.bursamalaysia.com/market/listed-companies/company-announcements/5906013

the 1 to 10 thing is last time when this loan stock released, existing holders can subscribes 1 ICUL with every 10 ordinary shares. however 1 ICUL can only be converted to 5 ordinary shares. hope this makes no confusion.

the share price is still below the conversion price of this ICUL, even during the recent peak of RM0.17.

however, do also note that the existing of this loan stock diluted the ordinary shares by 5/(10+5) x 100% = 33%

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2019-04-23 13:20 | Report Abuse

my only advise to those who are unable to make own decision, following only sifu's tip, is to stop investing in the market

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2019-04-23 13:18 | Report Abuse

@rocket me too don't like the rollercoaster movement, main reason because I am unable to predict the peak, I have just hold through along the way until now (with clam mind), but hey~ the good thing is it is no longer 0.11 now, so far it is stablizing at 0.14 ^_^

as for newbies, I don't actually agree o differentiate investors as newbie or pro, all of us just need to have correct mind set and take full responsibilities of our own decision in the market, as I believe only adults are here ^_^

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2019-04-23 12:50 | Report Abuse

the only intention behind every movement is buy low sell high

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2019-04-23 12:41 | Report Abuse

@rocket

buy low sell high <<< this is the only thing everyone in the market trying to do

but when operators / major shareholders / group of people who are good at mind manipulation did it, we call them con artist / syndicate? when they just did what you are trying to do?

we need to be sensible, mind game is part of the game. there is only so much we can do as retail investors, that is be patient and hold tight until the price reach your tp (set tp according to what you think it is fair value of this company)

the only other situation you should sell your share is when there is drastic change in the fundamental of the company, definitely not when everyone else are selling panicly, or when certain cash rich syndicate are trying to manipulate, as you mentioned.

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2019-04-23 11:02 | Report Abuse

@rocket, no movement is fake, what if you bought at 0.11 and sold at 0.17? you still call it a fake? it is a movement nevertheless. there is no promise that the price will go beyond 0.17, everything is mind game and investors' own prediction or speculations. so which part is fake?

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2019-04-23 10:26 | Report Abuse

there is no such thing as con counter, you can make money or lose money in any counter, as long as there is any price movement. the only problem is only you cannot predict the movement, not that the counter is a con

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2019-04-19 16:36 | Report Abuse

@valour I dare the operators to push down the price even more hehe see how far they can go

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2019-04-19 15:07 | Report Abuse

@valour what if all minority shareholders hold strong, unwilling to sell at low price? he won't be able to manipulate the price, he will be ending up selling his own shares at such level of low price only. too bad now mostly retailers don't know how to invest (sorry to say), just follow sifu tips to panic buy and sell without knowing what they actually do

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2019-04-19 08:23 | Report Abuse

@Gtrade this is not about pride, this is just investment. some of us hold long term and doesn't bother at all about short term up down that we cannot control or predict. 0.17 to 0.14? no feel.

when the company is good and people start to realize that, even the operators or major shareholders cannot keep the price down below the fair price forever, even if they are willing to throw away all their shares at such cheap price. those who know it's true value will still sapu all. we are just waiting for the time to come, 3 years or more? no problem, that is what we call investment, we are not borrowing money or need to cash out our money invested in this stock anytime soon.

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2019-04-16 15:34 | Report Abuse

what kind of person keep talking about himself as third person? I am a strong supporter of asiapac( even at this moment when the price going down), but calvin I think you need to stop what you are doing, you are getting too over, it might just cause negative effect

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2019-04-16 14:56 | Report Abuse

actually there is very easy way to invest also, just analyst the company yourself, then ask yourself, only yourself's answer is matter, how much you think is the fair price of this company? example, if you think asiapac should worth rm0.50, then you should buy, because you are using rm0.15 to buy something you think it worth rm0.50. but then your tp should be max rm0.50, and for safe lower than that, because to reach tp really is very hard. after you buy, if the price go down, then let it be la, people want to sell cheap what can you do? haha just relax

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2019-04-16 14:50 | Report Abuse

any investor if cannot read and understand quarter report and analyst the company by yourself, if based on what pro says only, better don't invest.

example, pro say nta rm1, he is no wrong, definitely the nta is rm1, but he won't tell you there are warrants and loan stocks for this company, there is diluted version of nta (which is the real nta), you can calculate this diluted by many ways. at the same time earning per share and pe also will be diluted. earning per share also you need to consider where the earning come from.. many many thing la

pro only tell you good thing, but talk about the nta, yes diluted nta is just rm0.59, but is still discount a lot for current price la imo. but like I said, no matter how, no one can predict the up down. after you get enough info and you satisfied with buying this company at current buy then only buy.

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2019-04-16 14:39 | Report Abuse

fundamental good stock can go down, fundamental bad stock can go up, all is possibility and mind game of those big sharks only. you want play this game you must know what you are doing, and afford to lose with no hard feeling at all

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2019-04-16 14:36 | Report Abuse

@ivan9511 bursa no pro la, here everyone not pro, everyone got their own agenda, nobody here sincerely want to help you or any newcomers to earn money. any of them can lose money too. u ask warren buffet, he will not 100% confirm give u buy or sell call one. here everyone only act like they are pro and can predict future

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2019-04-15 21:42 | Report Abuse

why now this is all about calvin? oh please, just ignore him, this should be about asiapac. and calvin is not = asiapac. calvin is good or bad, what he say or what he do has nothing to do with asiapac

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2019-04-15 17:54 | Report Abuse

I only afraid if any disaster hit imago mall (touch wood) or the price goes way below my entry point (not impossible but from my perspective it is highly unlikely at current fundamental of the company

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2019-04-15 17:52 | Report Abuse

@JediMaster1 24 month to 36 month? that is what we call long term investment, I don't see any problem with that ^_^

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2019-04-15 16:47 | Report Abuse

Warren Buffet also cannot tell you the up down of this stock la. those who are still happy with this stock just hold, not happy just exit. no need get so emotional one haha. no matter how it is still game of probability, what you can do is just don't bet against the long term probablity (which different people have different opinion about it)

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2019-04-15 11:43 | Report Abuse

maybe someday (I can wait for years) people started to realize it's true value, then I would earn a lot!

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2019-04-15 11:42 | Report Abuse

@JediMaster1 "For imago mall you can see it - but you can’t get it and eat it !!! " > i don't agree.

I am currently 1 of the owners of imago mall now (although as a very very minor shareholder only)

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2019-04-15 11:28 | Report Abuse

@demusangking not doing well? explain please. 95% of the mall is occupied. carpark is full during weekdays (people park there to go to there workplace nearby). imago is the best mall in Sabah without doubt. Ask any Sabahan

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2019-04-15 11:22 | Report Abuse

https://www.facebook.com/imagoshoppingmall/

or simple check these fb page's recent posts. ghost mall? lmao! yes there are ghosts during their previous very successfull and entertaining halloween events. I live at Sabah I know this mall very well

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2019-04-15 11:18 | Report Abuse

@CatchTheBull damn lol now we have to also consider the ghost factor? lmao. that is 2015's empty talk. come to sabah to visit the mall yourself please

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2019-04-15 10:42 | Report Abuse

to all investors here, trust nobody, only take good points here, trust yourself and don't go against probability, and go for long term.

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2019-04-15 10:40 | Report Abuse

so funny I think, this isn't about who lies, because nobody know for sure the price will go up or down. you can't lie when you yourself don't know the true answer. the market is worldwide, anyone in the world can buy or sell, can affect the price (especially those with big cash and major shareholders of course), unless you know what is in everyone in the world's mind (especially those with big cash and major shareholders), then you can tell for sure the price will go up or down.

there is no point accusing other for lying, when they themselves can be wrong and lose money here.

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2019-04-14 13:41 | Report Abuse

nevetheless, the NTA is valid, Imago Mall is standing tall and solid, definitely worth the book value (come sabah to see if you disagree). and at the end it should be all about market capital vs NTA. when buying into the stock, you are buying the share of the company's total assets

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2019-04-14 12:37 | Report Abuse

nobody know for sure the will stock go up or go down, the promoter might be trying to exit. but even so, how many stock the promoter have in hand to actually affect the price in significant way when he / she is trying to exit? other parties with big cash can still easily goreng up the price after the promoter exits, there are so many unaccountable factors that we retailers simply cannot predict or control.

for a true investor it should be simple, ignore all unaccountable factors, if you think the price should be higher than current price (RM0.160) then buy, if no then sell or don't buy. newcomers should try to judge the stock price by yourself, instead of relying on sifu's buy or sell calls only

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2019-04-14 09:21 | Report Abuse

promote a good stock is okay, but when you are using capital letters most of the time, it looks like you are shouting and rude. even if your points are right, you look desperate and immature