Not only happened to you. Anyone who has given different opinions is an idiot to him. You bow bow or PLP him then you would be non idiot but a genius.

murali.You are right. This is the making money system that there are engaging now. There's no shortage of Newbies in the market. Every year our country supplies new blood for milking.

There is a strong conflict of interest for the Sifu to serve his shark client and ikan bilis clients. Who will come first in term of priority. Naturally, ikan bilis clients would be the last to be informed of any development. You see how banks serve their clients through VVIP,VIP, priority..

Jester. Final year is very crucial, they are required to past the practical training under the mentor of Superinvestor. They have to follow superinvestor strictly in investing. A graduation certificate would be granted only if they still can survive after the training under him. Hopefully, they don't turn into salty fish.

May be he should consider setting up a college and offering " How to be a superinvestor " 3 years course. Who know it might receive a good response from the public.

He has neglected his acts causing of public outrageous. Want to play dirty tricks also need do it probably la ie use a company to buy and sell the shares while he is making a call publicly so that not many people notice.

Making money is his top priority. He would use whatever means to achieve it even though it's morally not acceptable in the public or tarnishing his 'philantropist' name.

What can you learn from uncle Koon now? Nothing more than following his tail.

Many are willing to shift over when Gaininvestor, Icon8888, KCChong, duit....have migrated to another website.

The owner of i3i could be uncle Koon now. Don't play play!

Penalty is only RM 1 million for failure to informing dealing in securities within stipulated period for substantial shareholders. Sup sup water la.


Obligation to report threshold crossings
Shareholding of 5% and above
Section 69 of the Malaysian Companies Act 1965 imposes an obligation on individuals and corporations that have an interest in 5% or more of the voting shares of a Malaysian incorporated public company (whether listed or unlisted) to disclose that interest to the relevant public company and to the SC.

Note: "Voting shares" means, for the purposes of these disclosure requirements, an issued share to which there is attached a right to vote.

According to Section 69 of the Malaysia Companies Act 1965, a substantial shareholder is defined as a person who has a stake in one or more voting shares in a company, where the nominal amount of that share (or the aggregate of the nominal amounts of those shares) is not less than 5% of the aggregate of the nominal amounts of all the voting shares in the company.

On the occasion of a transaction that changes a shareholder's status or interest as a substantial shareholder as defined in the Securities Commission’s Securities Industry (Reporting of Substantial Shareholding) Regulation 1998, the shareholder must use the appropriate form to notify the subject company (in the original) as follows:

Within seven days of becoming a substantial shareholder (Form 29-A);
Within seven days of a change in interest in the company of which the shareholder is a substantial shareholder (Form 29-B);
Within seven days of the person ceasing to be a substantial shareholder (Form 29-C);
sending copies of the notification, in each case, to the Securities Commission at the following address:

Securities Commission
Head, Takeovers and Mergers
No 3, Pesiaran Bukit Kiara, Bukit Kiara
50490 Kuala Lumpur, Malaysia
Attn: Encik Md Noor Abdullah Rahim
Telephone: +603 6204 8000
Fax: +603 6201 5158

While the holder continues to own 5% or more of the voting shares before entering upon a new transaction, reporting is required for each change or cessation of substantial shareholdings within seven days of the transaction.

Under Sections 69D-69G of the Companies Act 1965, it is the responsibility of the final beneficial owner to declare ownership directly to the issuing company and to the Securities Commission.

Sanctions
Under Section 69M of the Companies Act 1965, the penalty for non-compliance with substantial shareholding disclosure within the prescribed seven-day period is MYR 1 million, with a default penalty of MYR 50,000 per day.

You know how he has boosted for the disposal of shares? He put the blame to his brokers for the margin call to lock his profit.

A real investors won't come out to promote his stocks frequently. How often have we seen Coldeye appearing in the public to promote his portfolio? Be naive in the stock market is a disaster in managing our own wealth.

We have to remember that a leopard doesn't change its spots. There are many previous examples ie Rsawit, Jtiasa, Mudajaya, Genetec...... If your heart is soft then you would become his prey.

Just buy VS if you want to have a good feeling of being con by a millionaire when you have discovered the operandi in later stage.

It seems he has taken back the capital after disposing 40 million shares last month. He still got 80 million shares to release to the public. The remaining shares could be the profit. Whatever prices he sell is the profit to him. Be Cautious!

Koon was registered as a substantial holder for his stakes 9.928% or 20.445 million shares on 15 Jun 15. If you take into account share split 1 into 5 and Bonus issue 1 for 4, his still hold about 83 million shares after his disposal recently.

Koon disposed his 40 millions share between 18 Mar 16 to 11 Apr 16 for the prices ranging from 1.18 to 1.44. Do you believe him that we would buy back the shares in large bloc at current price 1.23?

Uncle Koon was very proud of pocketing profit (aka trap ikan bilis) from VS & Lihien. He got a group of supporters cari makan with him and lure newbies to a his trap.

well done icon. your articles have been supplying us as a lot of foc information of the companies. many thanks for your hardwork.

BJCorp is required to bear interest payment RM 7.06 million per year for RM353.25 million 10-year 2% Irredeemable Convertible Unsecured Loan Stocks (“New ICULS”). Small matter la. If BJCorp intends to utilize RM 1.2 billion (receipts from the disposal) to pay off the loan, interest would have saved about RM 60 million per year.

With the disposal of BJAuto, BJFood, Atlan & Jeju Phase 1 started 1 Feb 16, BJCorp has received cash at least RM 1.2 billion from the deals. It's a good sign for BJCorp to pare down its debt level.

At last, EGM will be held to approve the capital distribution and special dividends. Is there any income tax levied on 19 cents special dividend?

The list is not fully updated the latest development of the corporate exercises i.e. DY for Fiamma is only about 3.5% after taking into account subdivision and bonus issue.

Of course, people like to talk 废话. Now only you know.lol.

it is very subjective to judge a sifu whether 名师 or 冥师. Take for an example of a famous sifu in i3. He was a popular sifu who striked more than 100% returns for the past 2 years. He had been enjoying people calling him 名师. this year, less than 3 months, all export counters has turned sour and he was tagged 冥师. If you follow him early before the stock rally, you might warship him 名师. what about the late comers who had followed him and suffering huge loss? is he a 冥师 to late followers?

Nothing is permanance. a sifu can be a 名师 or 冥师 or vice versa or both. how can a sifu make a prediction right at all the times. there are few good examples in i3. lol

FF keeps buying like no tomorrow this month. It is going to break RM 5 billion inflow for a single month. Export theme is dying???

Kahheong. Net borrowing was actually reduced by RM 268 million and gearing went down 1%. It's still OK la. At least the management has done something.

BJCorp was able to make a small profit. Not bad. It will book profit arisen from selling of investments in Magni, BJAuto, BJFood with a gross proceeds of RM 364 million in coming quarter.

Not so low la. privatisation price should be at least on par with net cash of 2.45 per share.

Big players are accumulating. Don't be surprised when you see uncle Koon come back to promote Mudajaya again.

Shaun Loong. Don't really understand how you come out a SOP price of RM 1.74. I only know its net cash equivalent stands at RM 2.45 /share after deducting all the liabilities.

Is it a good news to BJcorp to suspending development of Jeju project? BJcorp gearing would be lower as a result of halt in resort developments. Overall, BJLand had invested RM 500 million in both infrastructure and purchased of land so far. With the initial compensation of RM 374.5 million for land from Phase 2 to 9, it' is far exceeded the entire piece of land RM 192 million purchased few years ago. JDC have to buy back land in Phase 1 which has been developed infrastructure. Will BJland strike a gain from the compensation of JDC?

You would be enjoying for playing theme stocks but it won't last for long. It can lead you to the heave while riding high and bring you to Holand when theme is faded. Don't put too high hope on value trader Sifu. There are a lot of uncertainties in the business that beyond the control of the company.

MLM companies are strived to benefit from stronger RM as their materials are mostly imported overseas ie, HaiO & Amway.

At least there is a concrete evidence on the firing of power plant, it could be time to buy some now.

In general, the majority of the counters are benefited when FF enters local bourse. If you still believe in export theme play, the consequence could be worrisome.

Don't be surprised when FF continues to pump more money into KLSE and RM would return to RM 3.8. The trend is reversing with the support from positive sentiments. What would happen if FF snap up another RM 10 billion shares this year?

FF Enter/(Exit) KLSE:

Year 2010 + RM 15.9 billion
Year 2011 + RM 1.8 billion
Year 2012 + RM 13.7 billion
Year 2013 + RM 2.4 billion
Year 2014 ( - RM 6.9 billion )
Year 2015 ( - RM 19.5 billion )
Year 2016 + RM 4.1 billion (until now)

Anymore export theme play in near future? Better look at the facts first ... between forex rate and FF exit/enter KLSE.

USD against RM

- RM 3.7000 ( 1 Apr 15 )
- RM 4.335 ( 21 Jan 16 ) FF EXIT worth RM 22.7 billion started from 1 Apr 15
- RM 4.01 ( 22 Mar 16 ) FF ENTER worth RM 6.4 billion started from 22 Jan 16

You can imagine what would happen to the forex market if FF pump in another RM 6 billion.

asdf. At least more than half of the politicians are sittig on the board. They can actually to take money out of PBA in a nicer way. Ie increase the raw water intake by 33% and the remaining pay through dividends. This LGE seemed doesn't know give and take rule.

LGE just wanted to suck money out of PBA to cover its budget and refuse to share with minority shareholder by paying out through dividend. dump down

It's very likely the share price to trade below 1.00 as profit would be reduced by around 20% per annual as a result of new rate implementation.

So many criteria ...pening. It's a conservative approach. You can hardly find a company with high growth and low gearing couple with low PER.

Penang government really sucks and ignoring interest of minorities PBA. They just wanted to increase the raw water intake as they wish.

People don't care balance sheet and earnings now. They want to punish all the export stocks without mercy.

It's simple to kyy. " If you don't make money from the export stocks while I'm laughing all the way to the bank, then there must be something wrong with you. "

Icon8888. It seems the correlation is not apparent when comparing with the price of WTI crude oil and RM from 1 Jan 16 until now. WTI crude oil priced at US 35/barrel on 1 Jan 16 whereas it prices at US 36/ barrel now. When you look at the USD against RM, it was traded at 4.3029 on 1 Jan 16 and dropped to 4.094 now or RM appreciated by about 5%.

Posted by Up_down > Mar 7, 2016 04:12 PM | Report Abuse X

We can make a comparison of the regional currencies against USD started in Apr 15. Refer to the data below, the most weakness currency is RM which has been depreciated about 15.6% until now. There is a big gap between Malaysia and other countries was mainly due to political instability rather than economy slowing down. I guess RM will continue to be strengthen against USD since Ahjib has almost settled the 1MDB issue. Confident seems returning gradually witness from the foreign funds inflow from Feb 16.


ROE: USD against regional countries
Now Apr15 %
Malaysia 4.0800 3.5300 15.6%
Singapore 1.3767 1.3318 3.4%
Indonesia 12,974 12,929 0.3%
Thailand 35.4400 32.413 9.3%
Philippine 46.920 44.200 6.2%
China 6.5170 6.2030 5.1%

Uncle Koon has predicted correctly the strengthen of RM against USD in his article recently. want to hold export counter? Take care.