Icon8888, I can't imagine the pain many have gone through if they bought cresbld & cresbld-wb at 1.50 & 0.50 in 2015. Its wb was reduced to dust in its last trading days.

Present price must have bottomed out. Thanks for the writeups & highlights. It has all the sure ingredients needed for turning around and profit growth going forward.

Saw someone was blocking at 0.96 yestesday which is a good deal for a company with visible earnings in the next 1-2 years.

Bought some at 0.96 and join the boat.

AYS's recent past quarterly earnings are impressive. It shows a nice increasing trend. That is why this AYS is recommended by some sifus.

Its present plant capacity and utilisation is not known. There is no news of acquisition or expansion activities. The surge in profits is solely due to better average selling prices (ASP) for its products. I do not operate a hardware shop nor I have run a mill before. In other words, I'm not the industry player. Because of this, I would not know how long the better ASP can last. For this reason, I will also avoid this stock.

Putting your money into the unknown is as good as gambling. I hope nobody is offended. This is just my opinion.

Choobee's good profit growth is attributed to higher average selling prices (ASP) of their products. In other words, this ASP is beyond the control of management. It may stock up cheaper inventory. But how long this can last? What is the present plant utilisation rate? Only insider has the answer.

It may be traded below PE 10 but we won't know whether the higher ASP can be sustained going forward given that we are not the industry player. Thus, I agree that we should avoid this stock.

I will not be bothered even if the ESP continue to grow in the next few quarter as this is something I cannot foresee.

I only have affections stocks that have done acquisition of profitable entities with similar businesses, expansion of factory, big projects won equivalent ot 3x revenues of previous year, etc. This type of growth is very visible as it has all the sure ingredients to sustain growth.

I'm sorry if someone feel offended.

Losers should instead spend time to do serious soul-searching. If they are not doing as well as they would like, that all means there some tricks they do not know.

Pay serious attention to the tricks KYY and other sifus reveal. Learn from them.

If you are interested, please read http://klse.i3investor.com/blogs/buddy_invest/110695.jsp

Posted by 3iii > Dec 17, 2016 04:12 PM | Report Abuse
Define "business sense".

If we want to be early, there are 2 conditions to be met. Firstly, the sector prospect must be bright. Secondly, the recent profit jump can be sustained in the next few quarters. These are the tricks. However, don't try to be early in Matrix, Hohup, Trop and the likes or you will be trapped there for donkey years

You have rightfully pointed out that the IT thing has made information easily available and investing landscape has been considerably changed as a result. Things have evolved. It is so good to see old Icon8888 is still able to keep abreast with trend.

Posted by Icon8888 > Dec 17, 2016 10:15 AM | Report Abuse
mistake Number 1 :-

"Buy uptrend stocks" is not a bad idea, but not a pre requisite for success.

I bought Geshen, Johotin, Tguan, etc when they are not on uptrend. But I still made tonnes of money from them within a period of 12 months (not 3 or 10 years !!!). KYY tried to play Uptrend by chasing Johotin and Geshen when they announced good results, and his fingers got burned. Go ask him for details.

So, don't tell me that you must buy Uptrend stocks in order to succeed

Posted by CharlesT > Dec 17, 2016 02:33 PM | Report Abuse
I must confess two important things i learnt from mr.koon's sharings since 2013 : 1) trust nobody in stock mkt n 2) old man can bite.

Since then i improve my trading skills a lot...i lose less money n make more money..

Thank you Mr.Koon

Re: Indicator of success of each strategy can be measured by the amount of money you make for the same period of time. If your present trading strategy works for you, please carry on.

Posted by Ooi Teik Bee > Dec 17, 2016 02:41 PM | Report Abuse

I believe Mr Koon is a fair person, even though we have a big disagreement on Gadang, he still write me an email saying that he respected my believe and he is very sure that I have enough facts and figures to back up my buy recommendation on Gadang.
Thank you.

Re: I have benefitted a lot from Mr. Ooi too - thank you.

It is normal that sometime 2 persons can look at the same thing and have different perspectives. I seriously think that differing opinions are good as they can prompt us to think further and help us to make wise investment decision.

Jason33 his writing is dominated by PLP stuff. nothing much originality u can get from his writing at the moment.
17/12/2016 11:19

Re:I take your comment positively. Will be as neutral as possible going forward.

Icon8888 buddyinvest, without PLP, I would like to say that I LIKE your articles very much !!! You are rationale, discipline and choose your wordings very carefully. I hope you can write more.
17/12/2016 10:30

Re: It is not about PLP. This is to show gratitude. Like it or not, KYY has revealed so many tricks that cannot be found in text books. His writings have been eye-openers for many retailers that include you and me. We may not agree with some of his stockpicks. Always take the positives out of every situation.

I have also learned a lot from you Icon8888 and I always consider yours as must-read writings.

Those cut loss at 0.84 will realise their mistakes.

Remisier buddyinvest, please look in detail. If take into consideration of impairment loss, Q416 net profit is 16.01Mil, Q117 net profit is just 7.856Mil. It is 51% net profit drop compare to last quarter. Even the CRC price is high but Mycron not able to deliver good quarter result. Avoid Mycron

Re: Q12017 cannot be compared with Q42016 as there was a plant shutdown for 1 week for hari raya which fell on 6-7-2016.

To me, Mycron did very well in Q12017 given its operating activities were shortened by 1 week. More importantly, the CRC prices are steadily going up, the safeguard duties coupled with weak Ringgit are "forcing" local buyers to source CRC locally which will benefit Mycron.

moneycashrich Thanks to buddyinvest for u opinions on Mycron. I have sold out at RM1.12 and buy back again at 74 sen. Thanks for sharing your knowledge.

Re: Now more and more people have come to their senses that Subsidiary Mycron's performance may affect Mother Melewar's and not the other way round.

wcchua it is not hard to predict the collapse actually if you have followed the series of steels counter result announcement. expectation is very high. on day one post result, when the price unable to move away from 1.10, u already knows something big was coming.

Re: Homework helps formation of strong conviction. Do not be easily swayed by emotions.

Icon8888, fully agree that the 10% drop shall not form a consideration to cut loss. It is the deterioration of company's fundamental that warrants cut loss.

During bearish period of time, a good stock can drop by 10% and at the same time the other stocks in your portfolio may also experience the same dropping 10%.

Cut loss at 10% shall therefore not be implemented blindly.

Ryan88 From exchange views to ego defenses when kyy can not accept dff views from him

Re: KYY cannot accept different views not without valid reasonings. We are here to learn, not to blindly render support for any camps.

Posted by eskaylien > Dec 13, 2016 07:03 PM | Report Abuse

A good assessment, and I suspect, a true reflection, of the underlying circumstances of what transpired during Mycron's recent whack-down.

The next question is - WHO was buying during the whack-down. Hmmmm.....

Good job, buddy.

Re: When there is a selldown, value emerges.

CRC selling prices are steadily going up. Weaker Ringgit & imposition of safeguard taxes deter local buyers from importing CRC.

stockmanmy I did not buy Mycron at the peak because very on I have chosen CSC and because Mycron management is not to my taste.

But the price around now and last few days is definitely to my taste.

Re: I must admit that Cscstel is much superior than Mycron as the former does some exporting (20% of total sales). This can act as natural forex hedge for Cscstel.

@Whey whey, they didn't attack each other. I would say they exchange their views.

You are right, their differing views motivated me to observe & study their reasonings.

sklyte First of all, does future year profit higher than current profit is a must golden rule to apply? If not sell no matter it fell 10,20,3,50%? This is insane and stupid! Define current year? Investment should not be based on 9 months or 3 months, is a moving number, if gadang win another contract after q2, this does not mean that you cannot buy and have to wait until financial year 2017 is completed only you start to buy! Pure silly judgement! The golden rule should be a moving target, nutss

Reply: I just get my observations documented.

Ooi Teik Bee From my homework done, Gadang will able to achieve better result in 2017 than 2016.
Let time tells us whether my assumption is correct or not, I do not wish to argue over this matter. I have my responsibility to ensure this information is correct so that every subscriber will enjoy this benefit to subscribe to my articles.
Thank you.
Ooi

Reply: I respect your decision.

stocktrader3 I was Gadang investor long time way before KYY promoted this counter. I think even before OTB made his position known to public. This buddyinvest is late comer to gadang. When KYY first promoted gadang using "cup and handle" chart, this buddyinvest also talk about cup and handle chart in gadang forum. Now KYY said sell, or "business sense investing" he also talked the same tune. Really beh tahan this kind of people.

Reply: This is part of investment journey. Most importantly, we learn what actually went wrong and move forward.

Sound very desperate entering into the wrong sector. Hehe

Pull him to the barn and shoot to finish him off. Full stop.

@ikwan85,

Congrats for your 8k. That reminds me of my past trading method. But please do not do it often or you will lose out at the end.

Don't fight, let's work together to make more money. Peace ok.

What a great debut commoner.

Our local CRC consumption of last year was 1.53 mil tonnes, 48% of which were produced locally and the remainder 52% were imported. Source: Mycron's Annual Report 2016. This suggests that there is still room for growth for local CRC producers. Mycron also worth a second look.

Cscstel's utilisation rate of last year was about 67%. Because of increased activity, their utilisation rate of 80% for 4Q2016 is achievable.

For Cscstel, 80% is more or less considered the maximum given that their Plant Property Equipment (PPE) are made up of "old machines" with depreciation of only RM8mil per quarter or about 3% of total assets.

Given the above scenario, Cscstel are likely to take the following actions to maximise profits:

1. Cscstel are able to raise their prices without losing out customers. Weaker ringgit means the customers' option to import is no longer viable.

2. Cscstel are able to allocate their limited resources to cater for higher margin products.

Hence, it is almost certain that there will be an EPS growth for cscstel for 4Q2016 for both q-to-q and y-to-y.

Congrats Icon8888.

Great things are set to take place soon. Peace be upon both KC & Koon.

Cease fire doesn't mean defeat. Cease fire is to end lingering unproductive saga so that energy can be put to better use. A good move by Uncle K.

Bullrun18, you hari-hari hohup. You bought from 1.10 until 0.72. Still not yet give up kah? Good luck to you.

Posted by lazycat > Dec 1, 2016 07:02 PM | Report Abuse

liihen management and big shareholder very shady, buy hevea homeriz better for a peace of mind


Ans: Liihen has chalked up EPS growth (Y-to-Y)for the past 12 quarters consecutively. http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=L&source=M&securityCode=7089

This is a remarkable feat by an export stock. Can you find any like Liihen?

Posted by Lukesharewalker > Dec 1, 2016 06:21 PM | Report Abuse

Calculations wrong. 10% increase exchange will result in extra 15 mil sales, that's only gross sales.

Ans: Ringgit today revisits its 14-month low at 4.46 against the US Dollar. Ringgit retreats 8% since 1st October, 2016. The tumbling of Ringgit is a great boon to Liihen as its sales are 100% exported.

As per 3Q2016 report, its revenues & profits were respectively Rm 145mil & Rm 16mil. Assuming all other variables affecting its bottom line remain unchanged, the stronger US Dollar means its revenue is set to increase by the same percentage of 8% (RM11.6mil) to RM157mil.

Profit is however set to jump significantly 72% (RM11.6mil) from RM16mil to RM27.6mil. The above profit increase calculation does not take into account the potential unrealised forex gains from their receivables stipulated in the balance sheet.

Calvin, your bompuri's debt is next to explosion threshold.

I'm not a runner for you, you and you. I have high regards for anyone are able to talk sense. My purpose of posting the above is to share with you the interesting observations I have made. Observations expedite learning process and that is the message I'm trying to convey.

VenFx, it's dangerous to place hopes on Melewar. Normally hope won't work in share market. Cut loss and switch to Cscstel and Mycron.

Bullrun18 or bear run? You better run. Don't get stuck here.

Stockmanmy, clearly you have grown up. Congrats! Many doubt Uncle K's sincerity, unfortunately only a few manage to pick the positives from every event taking place. Share market is a long learning journey. The more you learn the lesser mistakes you make.

Would like to take this opportunity to thank Uncle K for his unconditional sharing of knowledge.

Mkh still not a buy. Think about it.

No bad.

really no other better things to do?

Kk123, I think you will go first before OTB & KYY.

Ha, just can of worms being opened. I protect the right of good people who happen to be real rich in this case.

Kawan, if reveal IC is the only last resort to teach him a lesson, so be it.

Icon8888, just put yourself in OTB or KYY's shoes. Think about that. I think both gentlemen have done little to react to kueh's nasty action. If I were them, I would have done more than posting his IC.

Time to forget, ok

Icon8888,

This late Kueh had gone too far and too much in the past. He posted lots of fake stories on OTB and KYY. Don't forget this. I only protect the right people who happens to be super rich in this case. Please give balanced and fair opinion.

Friends, time to close this chapter and move on.

venfx, don't speculate.

Probability, do not speculate or link others to his passing. He chooses this. Appreciate it if you can remove the link or some irresponsible will speculate.

He fails to find his way out. Too much debts. He chooses this. Please don't sensationalise this or blame others. The story should stop here.

Probability, I have one request, ie please remove the link. tq

Moneysifu, we are lucky that none of our stocks in our portfolio were mentioned by coldeyes