We love to see him living in the past glory of success. He has no mistake to learn from the previous picks.

Uncle is loaded...so what! Without engaging a capable advisor, then he has to prepare donating most of his wealth to sharks and crocs in the market. His sky high egoism would sufficient to kill him in the market. He is now regret for ditching his former good advisor.

LH got a small layer farm located in Tamparuli....not Tuaran.

Most of the Lay Hong broiler and layer farms located in Kuala Selangor. Run for life if bird flu happens in that area.

It seems Uncle has already lost his confident in new invented business sense for investing after he started reducing his stakes. I suppose he would return to low PER companies....easy to goreng and make money. Lol

Be realistic. High growth is normally associated with high gearing as the company doesn’t ask any money from shareholders through right issue for huge expansion projects. High gearing....look at QL. Go for cash cow or high dividend yield stock if you are so scary.

Uncle thought he could convince his advisor to jointly promote Jaks so that distribution can be done easily.....who knows his advisor rejected the deal for protecting his own reputation.

There are many Funds emerged as big shareholders, accounted about 80 million shares, in AR 2018. Great Eastern alone bought more than 20 million shares. Many big retailers disposed their shares at the prices above 90 cents in past 12 months. They were quite smart for offloading shares at good prices. The massive sold down very likely trigger by Funds reshuffling their portfolio since early Jul 18.

Parked under watchlist for long time. It could be a good time to take advantage at this level of depressed prices. With a revenue growth of 15% to 30% in past few quarters, Lay Hong is not overvalued comparing with its peers in term of PER. Further more, the company has invested RM 90 million in P & M for expansion for last 12 months.

Cab - 12x
Lay Hong - 14.7x
CCK - 15.8x
QL - 41x

QR announcement is approaching for reporting better profit. Go go go!

Perstima is a typical cash cow in this oligopoly business.The company would distribute most profits to shareholders due to lacking expansion opportunity. It’s staging a recovery’s mode now.

Great QR. Expect profit margin to maintain as its raw material prices could trend downward due to trade war on autos.

Uncle is a veteran in goreng shares for few decades. It’s not possible for him being so naive that not engaging any proxies to maximize profit. He may press the prices down further before goreng back. Anyway, Vietnam IPP remains a good story for goreng .....lolz

OTB is not so gullible to invest/trade purely low PER stocks la. He his quite selective instead. There are many companies traded at PER less than 6x nowadays ie...Ken, Amprop, TA, Mulpha, Malton, MNRB, KSL, Choobee, Insas, Tomei, Prestar.... Wakakka

OTB. Congrats. You guys reunited would certainly give a boost to the undervalued companies in the market. I am just one of Ikan bilis surfing with Koon Bee wave. Lol

Anyway, I hope they would reintroduce KoonBee system so as to make the market more vibrant. It’s hard to dance with a single leg. Lol

Uncle old already so he doesn’t need so much money to buy food maintaining his body. Ego is much crucial to keep his happiness at his age.... some more, he can simply fine tune his mind and turning into positive note if the stock heading opposite direction against him. XingQuan is a good example.

Stockraider got good knowledge in accounting profit manipulation for goreng share purpose. Lolz

Kyy claimed that he knows big boy in construction. He should work together with big construction companies ie Gamuda, IJM, Sunway to take over Jaks if the Vietnam power plant is proven so profitable....No reason for not interested if the projects are exceptional profitable. It may not cost more to get remaining 70% shareholding....give Ang a slap la.

Use common sense la....KYy think Ang so ‘ tai Ling gon ‘ to work so hard for the projects to be running successfully and yet his shareholding merely ‘ 9%’ . He think he can sit on the chair to share 30% of Company profit from doing nothing. Come on...If Ang is so gullible, I don’t think he can secure the Vietnam power plant project. More shows coming....

Hardly see an individual investor bought 30% shareholding of a listed company and yet without an intention to go for MGO even though he is unable to control the board... No ball MGO so Ang would keep dishing out PP and Right Issues. .He looks like a big frog jumping on the street in the eyes of Ang.

Uncle got plenty of money but no where to spend. KoonBee System worked so well in the past few years and helping him making a good fortune. But he has given up Bee for the sake of applying his new invented bombastic Business Sense concept. What a joke .....

Almost up 30% in a week. Great performance in such a bad market.

Finally, steel theme is making a return after government has announced resuming of big projects. Go Go Go!

Nothing much happened to DJ after Trump has announced 2nd round tariffs intended imposing on China products. The amount of tariffs merely 10%...No intention to kill China. DJ Investors don’t care much of the trade wars except emerging market. Is it an opportunity created by Trump for Wall Street wolfs to rob emerging market shares at dirt cheap prices? Don’t be surprised that Trump might change his tone after mid term elections.

...Tom. Market liquidity is drying up day by day. Patiently waiting FF to exit further before adding more. Opportunities to collect cheap cheap tickets later.

.... Tom. Not to forget Chinese are quite patriotic when their government medias heat up and call for boycott against US big corporations ie Starbuck, Macdonald, Apple.... It would have huge impact to US too.

10% tariff on China products would do nothing much damage to China since manipulation can be done through depreciation of currency. CNY has depreciated from 6.27 in Apr 2019 to 6.66 until now or 6%. It could drop further to maintain competitiveness in the market. If Trump really want to go for a destructive trade wars, he would have imposed 25% on US 200 billion value of goods. lol

It’s about personal interests in the end. Many of them will be cursing their government later part. US consumers have to bear hike in inflation at least 10% if trade wars turn into full fledged . You think US consumers are all idiots patriot and not caring of their money pocket for the sake of trade war? See how is the results of US midterm election first.

No downgrading from international rating agencies but FF is still liquidating their investment without a sign of stopping. What if downgrading pop up after FF dispose another 5 billion of shares? One of the good reason for downgrading is scrapping GST. GST is, in fact widely known, an efficient way to collect tax for a country.

FF keep selling like no tomorrow but at a slower pace. That is the scary part as share prices may slide down slowly. Market liquidity is depleting gradually. Cpteh could be right in coming months. lolz

If Raider invest HY in long term, it would probably meant he loose focus his core competencies in KLSE market. Law of attraction remains siding 3i for his long term investment strategy developed over times.

No worry. Local retailers are still cash rich. They cashed out RM 4 billion from 2014 to 2017. They are able to support KLSE even though FF selling down massively. Lolz

RM would drop further due to uncertainty of domestic economy undergoing reforming and further daunting with FED rates hike and trade wars. So we can take advantage of the situation from buying selective export stocks.

I am fully agreed with this point. Don't expect any understanding from the people around you. Never ever talk this topic with others while initiating a full time investing traders as your career until you have been proven in making good returns.

Another very important factor is we must have the passion in this stock investing or trading career. Making a good returns from the stock market is simply part of the game. lolz

Extracted:
(f) Last but not least, by quiting your job and going full time investing, never allow people to accuse you of "lazing at home to play the share market". That is very demoralising. You don't deserve that. Tell yourself that you are starting a business. In a certain sense, that is true. You are coming up with sizable capital to nurture something so that one day you can reap huge economic benefits out of it. If that is not business, then what is business ? Treating full time investing as a business will give you a sense of direction and vitality. It makes you feel good. A positive mindset enhances your chance of success.

Paperplane. Anymore legs in your multi bagger, KESM?

Be aware of RM depreciation in near future due to foreign funds exiting Malaysia market. It may affect import related companies bottom lines..

FF position in Bursa
Year 2014 - Sold RM 6.9 billion ( Forex USD 3.5 )
Year 2015 - Sold RM 19.5 billion ( Forex USD 4.292 )
Year 2016 - Sold RM 3 billion ( Forex USD 4.485 )
Year 2017 - Bought RM 10 billion ( Forex USD 4.059 )
Year 2018 until now - Sold RM 3.6 billion ( Forex USD 3.992 )

Fortune Bull. Foreign funds keeps selling Bursa shares like no tomorrow after GE 14. Lolz. They still hold RM 11 billion value of shares as at now. I would expect them to liquidate their position in next few months. Pressure in RM is seen after FF exited RM 6 billion in a month. Expect RM to go lower in short term so certain export related counters are back to investor radar...opportunities.



Posted by Fortune Bull > Jun 14, 2018 11:49 AM | Report Abuse

Worst still, Pakatan leaders are directionless! LGE more interested to create tension in the market! Mahathir with his silly ideas! If this two head are imcompetent, then who's going to create positive environment for capital market! I have no idea and no confidence at the moment!

The pressure of full time investing or trading is rather different from freelance. Self psychology management is important to keep us moving forward and no looking back. Keep working hard to look for opportunities even though blocks are ahead of us.

Don’t expect fast money from Bursa all the time in the crisis market. We may not able earn a single cent in 6 or 12 months but the returns is tremendous once we have gone through this critical period. It’s not advisable to simply jump into full time if one without backing with good records....Don’t underestimate the bear power..crushing our confidence.

It’s a high barrier of entry to come up cash upfront at least 1.5 million. We can lower barrier through past track successfully records. If you can grow your capital from 100k to 500k in less than past 10 years, it shouldn’t be a problem to go for full time investing or trading with capital barely 500k. Of course, we may need some passive income or savings to support family expenses for next 2 years to be conservative.

SAM is backed in growth momentum. Great!

It's an unexpected lackluster QR due to timber segment shortage of quality logs for production and fulfillment of backlog orders. Hopefully, no more such funny reasons in next QR. WTK has turned into a net cash company 11 cents per share (deducted payable ) after de-consolidation O & G segment.

Perstima has successfully passed additional costs to its customers in Malaysia judging from the latest QR. Local market will be profitable in the next few quarters as certain protection on imported tinplates is remained to local manufacturer. But it's not easy in Vietnam market due to free competition.

Harmony. You seem new in this forum. What I meant is water related companies would become a hot cake in the market especially KPS and Engtex...let’s see how PH deal with the water supply situation in Selangor next month.

Water theme play would be dominated in the market after the splash has done deal . Good to accumulate now.

Sailang in mid cap between this 2 months. lol

By that time, we may have to thanks Trump for giving us the opportunity to buy stocks at low prices now. How to make money if we allow our emotions rules? wakaka

Trump merely wanted more candies from China and delaying interest rates hike before mid term election. Don't be fooled by him in this 2 months. lol

Why we want to know the lowest price before entering? Don't be too greedy hoping for buying at lowest price or selling at highest price. We can make a living simply buy and sell in between peak and bottom prices. Ah Teh seems more interested in satisfying his ego rather than making money for living comfortably