calvintaneng

calvintaneng | Joined since 2013-09-18

Investing Experience Advanced
Risk Profile Low

Just as the eagle loves the storm because he soars above it Calvin welcome market crashes. To be fearful when others are greedy and to be greedy when others are fearfully selling. See The Way of the Eagle in The Air at www.inspiretopray.com & www.eaglevisioninvest.com & www.johorinvestment.com

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Stock

2024-01-02 23:42 | Report Abuse

By mid 2024 ikn nusantara phase one will be ready

any sale of land in future will be

Rm30K to Rm300K or more

like Putrajaya

https://www.propertyguru.com.my/bm/tanah-kediaman-dijual/sekitar-putrajaya-pj001

Stock

2024-01-02 23:38 | Report Abuse

Tsh owns 94700 acres land near here

cost only Rm5k an acre

https://www.youtube.com/watch?v=T2LDlWeuyoU

Stock

2024-01-02 22:01 | Report Abuse

speakup is good guy

stop calling names ok

now Rm250 millions payables equal to 38.76 sen net cash

since cash and borrowing about the same Rm220 mil (they cancel each other out)

Once payables catch up

and Receivables still not collected then there will be a cash constrain

might lead to a cash call

by these

private placement at discount

or give Rights Issue to ask for monies

or borrow from banks

these are real consequences of having high Receivables and then payables to pay

Stock

2024-01-02 21:54 | Report Abuse

the problem will come when Rm250 mil in payables are due

also Rm255 mil in contract liabilities


and paper plane

we already explained and highlighted on item 12

Stock

2024-01-02 21:48 | Report Abuse

Ravi

then you should also ask the same question in Tsh forum

why people go there if they are not buying Tsh ?

and promote Kgb?

So who are we to stop anyone

what people are allowed to comment freely as long as they present facts

for those is Tsh they post hate spam

at least we give the facts and figures

and the figures

Rm462 Million Receivables are equal to about 71.63 sen cash

this 71.63 sen are Receivables (iou and not cash)

Stock

2024-01-02 21:39 | Report Abuse

paper plane

note

Rm462 Millions Receivables there

How much was due 30 days, 60 days, 90 days, 120 days

180 days

365 days

or longer

any portion rollover from other past quarters

and Receivables from Who? what are the entities oweing?

Stock

2024-01-02 21:32 | Report Abuse

Klee

No one is perfect

Even Warren Buffet bought the Wrong stock called Tesco

Charlie Munger made a wrong call on Alibaba

Does that make them no good

Stock

2024-01-02 21:23 | Report Abuse

Listen

There were so many others highlighted as well

Sumatech, Ifca, Utusan, London Biscuit, Vivocom, Pdz, Serba, Mmag, Gpacket, and many others for the last ten years in this forum

So many have not done their due diligence
After losing they had left i3 forum for good

Stock

2024-01-02 21:20 | Report Abuse

Also since going there

Better ask Security Commission to go as well

Stock

2024-01-02 21:15 | Report Abuse

Good

Ask them to

Show all Awarded parties

Got names to verify

Also Rm420 millions job awarded in Sarawak

How long was the construction

Any cost over runs and delay
Are all payments fully in

Then 6 qtrs of Receivables

How many are 100% collected in full

Stock

2024-01-02 20:49 | Report Abuse

there are good and bad receivables

for Eversendai mostly bad

Serba also

Megan Media and Transmile got fictitious receivables

Kgb?

All Receivables are repeated and rehatched these past 6 quarters

Started with Rm400 mil plus
and still Rm400 mil plus

Stock

2024-01-02 20:46 | Report Abuse

Rcecap receivables are rock solid

they are from Govt servants loans backed by cash withdrawal from their fixed salary deduction

as such there is no default or very minimal

And Receivables always turn into real cash

Real Cash result in very high dividends

Datuk Hashim of Ambank very smart

Stock

2024-01-02 20:28 | Report Abuse

Do not be offended because we tell you the truth

We don't spam hate posts like others

All we presented are true facts

Accept or not up to you

Stock

2024-01-02 20:22 | Report Abuse

And best is this

We never ask Eagle group members to pay fees

Not even one cent fee collected

Stock

2024-01-02 20:19 |

Post removed.Why?

Stock

2024-01-02 20:10 | Report Abuse

Out of 100 calls more than 70% to 80% eventually did well

Ytl power and Pba were also
some of past buy calls now showing upturn

But for 🌴🌴🌴 the best is yet to come

Stock

2024-01-02 20:08 | Report Abuse

Hahaha

One guy called Steve Wong in Eagle group bought Scomies and sold on rebound and made monies

But that was not the best

The best was Steve loaded up on Bplant around 60 sen
He made few hundred thousands from Bplant

Many others in Eagle group made good monies from Bplant

Also Jtiasa and to be followed by other solid 🌴🌴🌴 shares later

Stock

2024-01-02 19:17 |

Post removed.Why?

Stock

2024-01-02 18:28 | Report Abuse

we will have donated Philip's monies to charity then

Stock

2024-01-02 18:26 | Report Abuse

When we say we made Rm1 million from Ogse bull of Dayang, Penergy, Carimin, Uzma and Umwog (velesto)

Loud mouthed Philip said no

so we issued him a challenge to go Kl ask Remisier to do a print out if we got made Rm1 million profit from Ogse

loud mouthed Philip was supposed to go but backed out

if he got go and SEE he sure will lose Rm500,000 and monies will be dominated to charity

Stock

2024-01-02 18:23 | Report Abuse

every year made 100% for the last 10 years yearly

beaten Bershire Hathaway at 25%

beaten Peter Lynch of Magellen Fund at 29%

no joke but true

Stock

2024-01-02 18:21 | Report Abuse

no boasting at all
we made 1,000% profit in last 10 years



or

Stock

2024-01-02 18:17 | Report Abuse

Rcecap now Rm3.06

from 80 sen to Rm3.06 is up 380%

check it out

Stock

2024-01-02 18:15 | Report Abuse

Rcecap (king of ah long)

buy call 27.5 sen

then Rcecap gave 7.5 sen dividend and share merged 4 into one

so 27.5 sen less 7.5 sen
20 x 4 sen

80 sen

Stock

2024-01-02 18:11 | Report Abuse

and Uzma

Utterly zealous Mastering All

After strong buy call 3 Ib banks came out to downgrade Uzma as a sell

Uzma gone down all the way from 90 sen to 55 sen

We bought all the way down

Then Uzma shot up up up over Rm1.00

We issue sell call on Uzma above Rm1.00 chun chun

Stock

2024-01-02 18:09 | Report Abuse

What about Carimin (currymee)
Buy call below 50 sen
Ogse bull run it shot up over Rm1.45

Stock

2024-01-02 18:08 | Report Abuse

Hundreds of good buy calls all neglected by dumb naysayers as they digged up only a very small ones with small losses?

Stock

2024-01-02 18:07 | Report Abuse

And Texchem at 50 sen?
It went limit up and price shot over Rm2.00

Stock

2024-01-02 18:06 | Report Abuse

Another great buy call

Prestar or Pre Star. Buy it before it turns into a Star

Up 100% and split by bonus

Stock

2024-01-02 18:05 | Report Abuse

The most amazing buy call

Complete logistic at 56.5 sen

It went up and up and up

Then Eadie saw potential and tookover Complete Logistic
Changed to Hextech
It shot up over 3,000%

Huhuhu

Com

Stock

2024-01-02 18:03 |

Post removed.Why?

Stock

2024-01-02 18:00 | Report Abuse

Pelikan buy call 47 sen

After two cash payout

Profit is over 100%

Pelikan
A bird in hand better than two in the bush

Stock

2024-01-02 17:59 | Report Abuse

These were great buy calls

Super Enterprize

Up 200% taken private

Tmakmur
Taken private with 38% upside

Kulim
Taken private with 60% gain

Kbunai
Up 100% and taken private

Ijmplant
Up 70% taken private

TheStore
Up 50% taken private

Kwantas
Up 200% taken private

Latest is
Bplant
Buy call 57 sen
Dividend 24 sen
Real time cost
33 sen
Ltat offers Rm1.55 to take private
From 33 sen to Rm1.55 is up 369%

All can check and verify

Stock

2024-01-02 17:46 | Report Abuse

Real profit should not be like Jaks (profits not cash but parked under Joint Venture acc

and no real cash

Profits cannot be like Megan Media last time Receivables rolled over Then rolled and over again

by the time Megan Media reported Receivables as bad debt it went limit down

so profits at one point MUST TURN INTO CASH

CASH IN THE BANK

THAT IS THE REAL PROFIT

Stock

2024-01-02 17:42 | Report Abuse

I don't think Serba started out as a scam company

my friend Jimmy from Miri said Serba has been formed since 27 years ago

Serba expanded too fast and bit out more than it could chew
so it has to keep raising and burning cash

as it result it cooked the books to make figures look good and to give pp for monies in order to survive
till Kpmg spotted and voiced out and then everything unraveled

For Kgb same caution must apply as prices run ahead of real fundamental

do not chase now

wait till there is real visibility in Receivables turn into real profits

a company exist to make real monies

Stock

2024-01-02 17:27 | Report Abuse

Then you all should go tell Auditors to do these

1. Verify all the Jobs Awarded whether these are reliable entities

2. Do a thorough break down of all Receivables in a case by case study

which ones have been 100% received within 30 days 60 days , 90 days, 120 days or 180 days or over 365 days

Auditors who failed to do due diligence are also out there

at the end of the day 95% of market players will lose out if we don't do our own due diligence

Stock

2024-01-02 16:46 | Report Abuse

Public Bank?

their loans are backed by Solid Collateral in real assets like real estates or proven income with payslips of monthly cash salary esp from Johoreans earning in Sing dollar

as for Kgb ?

it is backed by Receivables of 18 months rolled over

Stock

2024-01-02 16:30 | Report Abuse

not yet due?
same was done in Serba as well

why people so naive 🤔

Stock

2024-01-02 16:14 | Report Abuse

Jaks also got similar accounting but under different names

Its "profits" parked under Investment in Joint Venture
At first only Rm300 mil "profits" now grow to over Rm800 millions "profits"

All useless as it cannot cash out but stuck there. Real or fake "profits" no one knows
But syndicates have long goreng up Jaks and runaway

Just be very careful if any entity tells us glowing story but show "no real cash" in the balance sheet or in the bank

Stock

2024-01-02 16:05 | Report Abuse

Refer:

Receivables above Rm400 millions started in Mid 2022

Till now no extra cash collected?

After 1 year all should be written off as bad debt

Now already 1 and half years already Receivables still like the can kicked down the road?

Still Rm400 millions Receivables (iou) on the balance sheet?

What kind of accounting is this?

Stock

2024-01-02 13:51 | Report Abuse

Contract assets must translate to real cash profit and not parked under Receivables

Payables are real. When time is up Creditors will chase for payment

Since cash and debt equals out the only way to pay is to get Receivables paid

If not then how?

Stock

2024-01-02 13:47 | Report Abuse

Hahaha

In ifca people also bought at 7 sen and many others later bought alot more at Rm1.50

NancyTang bought 300,000 shares of Ifca at Rm1.50

Many also made alot on the way up and follow Research house said Ifca will go to Rm2.20 rosy forecast

At Rm1.80 Ifca turned turtles and went 3 times limit down below 50 sen 👇

Stock

2024-01-02 13:40 | Report Abuse

If one goes look at Serba accounts they also think Serba very good

Top funds and even Epf bought CHUNKS OF SERBA

In the end Serba was found to do book cooking

Then Serba got caught and fined peanuts

All the shareholders lost everything without recourse

So better be very careful

Your hard earned monies is yours

Losing or winning all must be aware

Stock

2024-01-02 13:33 | Report Abuse

Ytl ok not ytl power

now accounts books can be cooked

as for cash or real cash in the banks are real

real cash is what we want

Stock

2024-01-02 13:07 | Report Abuse

Like this

If a person wants to cross a river make very sure it is safe to do so

A clear river with visibility is safe

A murky river?

Anyone crossing is taking a big risk as unseen crocodiles 🐊 might be lurking

So please be very very careful