RCPS is just another form of warrant. Convertible preference shares. It will have maturity date and conversion price. So Eduspec is just raising funds from the RCPS. No big deal. Even now companies that are giving bonus shares also dead. Look at paramon give bonus shares and free warrants drop from 1.79 until now 1.29. Somemore giving RM 177m for dividend.

So how good is Eduspec.

Post removed because they are supposedly to prevent innocent investors from being scammed?

OK, thanks i am done with you and can you please move on ....

Just as i have said earlier. The bloody stock market is a "GIANT CASINO". Look at the headlines just out a while ago.


https://www.bnnbloomberg.ca/ross-says-u-s-to-ease-huawei-sanctions-for-another-90-days-1.1303589

So Trump's cronies is on the way to make billions again. Dow Jones has been up for the third day in a row and is going above 26,000 point again.

https://stockcharts.com/h-sc/ui?s=indu

Heck, it is so easy to make money if you have the connections !!

The downside risk is as follows.

by 25/08/19 0.055
by 01/09/19 0.05
by 08/09/19 0.045
by 15/09/19 0.04
by 22/09/19 0.035

The above are the support level. The market can go up or down in the next few weeks. It depends on Mad Trump. If he is sane or his cronies already unloaded their stocks then he will announce there is going to be a trade deal with China. Then Dow Jones will shoot up probably another 500 points and so will global markets. When his cronies already sold everything then he will issue another new tariff against China, Most probably raising the remaining $300 billion from 10% to 25%. Then Dow Jones will crash another 700 points. The next day the global markets will be in a sea of red. His cronies will again start replenishing all their stocks with a much lower price. Have you guys ever counted how many times the market rebound when Trump says there is going to be a trade deal with China. And te market crash when Trump issue new tariffs against China?

So you see the bloody stock market is depending on the whims and fancy of one joker. He is a businessman and also a market manipulator. By the time he ends his presidency he and his cronies are already multi billionaires. Thus what i can say is that the stock market is a "GIANT CASINO"

Wow !!! What happened? Why so quiet? You can literally hear a fly flying past. Heck, like the Chinese saying 'smacking the fly'. In stock market investing when others are 'hoo hah' you should lye low. Now everybody is lying low then it should be time to 'hoo hah'. We should give encouragement to them when their mood are down. So, let's start with potential price target.

by 25/08/19 0.08
by 01/09/19 0.10
by 08/09/19 0.12
by 15/09/19 0.15
by 22/09/19 0.20

So, the above are the price target for Eduspec for the coming weeks. Discounting the free warrant. If the corporate exercise announced in between the dates do expect another 30% upward jump in price.

Happy Trading.

Malaysia still far from being out of the woods, says Daim
KUALA LUMPUR (Aug 5): Malaysia is still far from reaching the status of a developed country with unified citizens that is ready to face the industrial challenges of the future, says Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin.
Daim said Malaysia is still playing catch up with the fourth industrial revolution when other countries are already gearing for the supposed fifth industrial revolution.
"Let us not be under any illusions. We are still far from being out of the woods. We are far from being ready for the changes happening around us.
"We are far from being a united people. We are far from being able to compete at the global level. We are far from being able to embrace differences and changes.
"And underpinning all of this unpreparedness is education," he said at the launch of the International Conference on Emerging Issues in Public Policy at Universiti Malaya's Institute of Public Policy and Management.
The former finance minister pointed out that education is the key to prepare the youth for the future. However, he said the education ministry has failed to prioritise the right issues to tackle, which has hindered the progress of reforms within the national education policy.
"We are still arguing over whether we should teach Maths and Science in English, when the rest of the world has embarked on advanced curriculums that focus on Industrial Revolution 4.0 (IR4) so as to make their youth more competitive and relevant in a world that is going to be dominated by artificial intelligence and robotics," he said.
"To participate in IR4, we must go through a knowledge-based economy and here Malaysia has failed because the government, through the Ministry of Education, has not got its priorities right. The Education Ministry must not fail our nation.
"While we are still mired in the political rhetoric of languages, others around us have moved beyond English or Mandarin or Bahasa Malaysia into the language of programming and coding. When will we realise just how far behind we are and lacking?" Daim added.
In facing the rise of technology in industrialisation, Daim said the government should implement policies that create an environment where people are allowed to maximise their potential and pursue creative pursuits that are complemented by technology, not replaced by it.
The reality is, he said, technology will have the most impact on future employment as robots replace humans in menial tasks. But where one window closes, another opens, he added.
"Fields such as Artificial Intelligence, Big Data, Robotics, Supply Chain Logistics, and Smart Manufacturing need skilled workers and indeed, the World Economic Forum has estimated that 133 million jobs will emerge as technology advances," he said.
At the same time, Daim stressed that education is not just for skills development, but it is also for the soul. He said the values that are instilled in the youth at home and at the school level will greatly impact the type of adults they evolve into.
"We must empower them with the ability to think critically, logically, wisely and to make their own informed decisions, no matter the situation. We must raise a new generation of leaders and great thinkers, not of sheep and cowards," he said.


Malaysia still has a long way to catch up with other nations. As with my other post earlier China will be the world leader in Industrial Revolution 4.0 when the Greater Bay Area fully function in a few years time.

https://drivesncontrols.com/news/fullstory.php/aid/5499/China_is_world_92s_biggest_buyer_and_user_of_robots.html

https://www.robotics.org/blog-article.cfm/Industrial-Robot-Industry-Sees-Exceptional-Growth-2018-Review/131

http://www2.itif.org/2018-industrial-robot-adoption.pdf


Where is Malaysia's standing in robotic adoption? As Daim said, we are still arguing over whether we should teach Maths and Science in English, when the rest of the world has embarked on advanced curriculums that focus on Industrial Revolution 4.0 (IR4).

OK, we believe you this time. Admin removed posts that are supposedly to prevent innocent investors from being scammed?

Alright thanks for being the watchdog or Robin Hood of KLSE.

I am surprised why the Admin did not remove your post this time? You have more than 20 comments removed for the past 2 weeks !!!

What happened to KYY's earlier call for JTiasa, Jaks (massive losses due to margin force selling), MudaJaya, HengYuan (second round), Sendai and the latest Dayang?

He even have the guts to blame the three broking house namely Kenanga, Public Bank and Hong Leong Bank for conspiring to bring down Dayang's share price.


https://klse.i3investor.com/blogs/koonyewyinblog/198495.jsp

https://klse.i3investor.com/blogs/koonyewyinblog/198684.jsp


KYY's Golden Rule.

"The company must report profit growth for 2 consecutive quarters before I decide to buy it. Moreover, it must be selling below PE 10."

I REPEAT the rule only works some time and only on some shares. It is not a holy grail of investment where

1+ 1 = 2. In stock market, there is no holy grail to connect any event to stock prices. There are a lot of shares have the above characteristics but did move much. Some even reverse course. One of the methods that i encountered during my 35 years of investing is by a guy named Jim Simons. I am sure you people never heard of this guys as he is media shy and doesn't give interviews. One of the rare interview that he gave in Ted talk. Titled "The Mathematician who cracked Wall Street". See below.


https://www.ted.com/talks/jim_simons_a_rare_interview_with_the_mathematician_who_cracked_wall_street


His biography.

https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)


His flagship Medallion Fund grossed about 40% per year since it's inception in 1988.

https://www.bloomberg.com/news/articles/2019-03-07/jim-simons-reveals-clues-to-medallion-fund-s-long-unrivaled-run

His so called secret to success.

https://www.newyorker.com/magazine/2017/12/18/jim-simons-the-numbers-king

Basically he uses Big Data. Key in thousands of data regarding the economy, financial, politics, weather (commodities trading) and so on to formulate his model. Then he uses a method called "The Monte Carlo Method/Simulation" to simulate the data to produce the true Mean for every financial instruments. Markets always revert to the mean. So when the price of an asset is above the mean they his computer algorithm will short that asset. If the price of the asset is below then vice versa.

https://www.investopedia.com/terms/m/montecarlosimulation.asp

https://en.wikipedia.org/wiki/Monte_Carlo_method

The Monte Carlo method is used in many scientific applications such as prospecting oil, aircraft maintenance, financial market modelling and timing, nuclear fusion, traffic lights synchronization and so on.


So, you see there are a lot of successful investors out there but there are living a low profile life. They don't brag. For example this Jim Simons fellow trade mark is wearing a pair of loafer without socks and almost never wear a suit. So don't judge a book by it's cover.

It's good to form investment clubs like in the US for learning purposes. But the problem is most of the time the information provided is blown out of proportion. Member will get too excited and in the end will hype it up to the euphoric stage. A lot of innocent investor get caught at the late stage of the bull because they don't know when to sell. Finally when the market crashes most investment clubs will go belly up. I have seen many of them.

A good example is the information provided by iluminati (no offense just for illustration purposes). If you look at the chart of Mlab. Back in 11/08/17 Mlab went through a funding exercise of rights issue of 2 for 1 @
0.15 and warrants 1 for 1. On 11/08/17 mother share Mlab closed at 0.17. It shot to a high of 0.27 on 24/08/17 which was about 13 days later. What we want to know is what happened to Mlab share price after 24/08/17. It dive down to 0.09 on 26/09//27 or about 1 month later. A staggering loss of 66% and it never went back anywhere near the original 0.17. As of Friday's close it was trading at 0.04. And i reckon those who bought during that period can kiss goodbye to their investments.

Similarly with Eduspec it was trading at 0.35 in 2016 but it slide all the way down to 0.03 last week. So if this time there is really a solid corporate development (some kind of Google online education stuff) the share price will no doubt shoot up. But how many investors know how to get off the bus? I bet many will still be "building CASTLES in the air".They will be counting how much more profit to earn if they hold on for another 3,6,9,12,24 and 36 months. Voila !! no need to work for the rest of his life already if Eduspec share price keep moving up like that.

The problem is when each time Eduspec's share price corrects they don't know whether it is a correction or market top. Investor in the club will of course comfort themselves saying these are just corrections and the market will turn up again. What happen in the end you investors will know better.

I am not against joining clubs. The problem is investors tend to form the herd mentality which is disastrous in market investing. Herds when euphoric cannot differentiate when the market is on the edge. They will listen to rumours and comforting news from other members. Thus will not know the reality out there. Do a bit of research, the best investors in the world normally acts solo. Look at these investors, Warren Buffet (Berkshire), George Soros (Soros Fund), Peter Lynch (Fidelity Magellan), John Templeton (Tiger Fund) and John Bogle (Vanguard fund).

If you want to win consistently in the market you need to be a contrarian.

Export based industries not benefiting from Trade War. Are you sure?

https://www.thesundaily.my/business/us-china-trade-war-augurs-well-for-furniture-exporters-MA1121482

USD plunge during crisis?

https://www.macrotrends.net/1329/us-dollar-index-historical-chart

USD still remains a safehaven asset during an economic crisis. Look at the chart during the Asian Financial crisis in 1998, Dotcom crisis in 2000, Global Financial Crisis in 2008. And the next financial crisis the USD going to plunge? Are you sure? Yeah it will when the Yuan becomes the next global reserve currency.

Are you sure you understand economics?

You all should actually look for export oriented industries. With the Ringgit trading at 4.188 today, i reckon it will break the 52 week high of 4.20 soon.Remember just a few months ago Ringgit was trading at about 3.95. And with the depreciation of the Ringgit to 4.188 today it represents a 6% gain in the USD.

Thus any exporting industry like furniture, rubber gloves, semi conductor and etc will stand to gain 6% extra profit from the exchange rate. 6% is consider a lot if your turnover is over RM 100 million a year. So, it is a no brainer to invest in exporting industries and wait it out. If Ringgit drops further then the gains for exporting industries will further increase.

Sooner or later there will be a hype on export oriented theme. Investors will be rushing to gobble up their shares.

Don't be silly. Formerly I was from the funds industry overseas. Funds either local or foreign WILL NOT buy a single lot of Eduspec shares. They have investment SOP based on prudential investment policy. Fund managers don't simply buy on their whims and fancy. There are guidelines to follow and if the fund is large enough they need approval from the Board. Their main criterias are:

1) Market Cap of the target company (at least RM 500 million)
2) Liquidity of the target company
3) P/L for the last few years of the target company (profit last 5 years)
4) Dividend payment policy of the target company (consistently pay dividend)
5) Future prospects and plans of the target company
6) Risk/Return based on Value at Risk of the company
and so on

Thus, funds buying into Eduspec is a non event. As of today the whole market cap for Eduspec is only RM 59 million. What if a fund the size of RM 5-10 billion (consider small) were to buy into Eduspec? They can easily buy 29.99% of the company shares without triggering a takeover offer by the SC. But the problem is how is the fund going to liquidate the 29.99% without killing the share price?

How is it going to declare bonus/dividends to their fund holders if they are not getting any returns from Eduspec since it has not been declaring dividend for umpteen years?

Ho are they going to charge their management fees of 1-3% per annum if the fund is making losses?

Approval is one thing but the ex date will still be months away. Syndicates will still have plenty of time to play you investors in the game of roller coaster. Today they have already distributed huge amount of shares between 0.06 to 0.07. Hence there is no rush for them to push up and let those who chased yesterday and today escaped. Today's volume of 190 million is the largest in the last few months. Large volume with price down normally associate with market top for this round. You will see large force selling in the coming days.

They will play chicken with you fellows. Meaning they will be playing ninja trading or hide and seek tactics. That means at times they will key in 50,000 lots on the buy side and then suddenly pull out the order. Retailers will panic and will star dumping to the market. After they created panic in the market they will again key in another 10,000 lots and then slowly increased it to 40,000 or 50,000 lots so as to boost confidence. Later they will again pull out all the buy contracts leaving only probably a few thousand lots in the buy side. Again retailers will panic and start dumping their shares.

This bone shaking exercise will go on until most weak holders sell out and start F**KING the syndicates. That's when volume drop to the lowest. That will e the best time to push up the share price because there will be very less resistance from retailers selling. When the share price start surging, they will again unload their holding that are bought at a much lower price earlier.

This exercise will go on like a loop until they unload most of their shares. Then they will thank all the retail investors and will wish 'SAYONARA' with love to all investors of Eduspec..

Anyway Good Luck for all Eduspec share holders.

WoW !! seems like a lot of innocent investors with their sweat and blood money got ripped off here. By the way they play it looks like their intention is to push down eduspec like no tomorrow.

I reckon it is another NETX in the making. They put up a lot of exciting story about its future growth and hence revenue. But it somehow smells fishy. Raise RM 60 m through 600m RCPS shares.

If you look at the annual revenue and P/L for the past few years.

1) Annual revenue is less than RM 60m
2) Has been losing money for the past few years
3) Increase share by 60% will dilute the shares further thus eps.
4) Malaysia is still a long way before it can implement industrial Revolution 4.0.

We are still debating on how many foreign workers to import. Most Industries in Malaysia are still labour intensive and hence we need cheap foreign workers. The artificially inflated minimum wage will only worsen the local labor force participation. Employers will not hire local as a first priority as foreign workers willing to work cheaper and longer hours. What are our main exports? Palm oil, semiconductors, furnitures and so on.

These industries are labour intensive and will not be automated any time soon. Look at what China is doing with AI and robotics with their industry 4.0. To gast track their IR 4. Chinese companies have been buying Western Robotics companies like KUKA and Dematic as part of their Global technology acquisitions. KUKA is one of the top 4 robotics player in the world.Look at the report below.


https://www.therobotreport.com/over-19-billion-paid-to-acquire-50-robotics-companies-in-2016/

Moreover recently has already put into implementation the Greater Bay Area covering 11 provinces includes Guandong, Hong Kong, Macau and eighht others. The combined population is 68 million and the projected GDP generated by 2030 is about USD 30.4 trillion. See below.


https://www.pwchk.com/en/research-and-insights/editors-pick/new-opportunities-for-the-guangdong-hong-kong-macau-greater-bay-area.pdf

The Greater Bay Area is going to be a metropolis of High Tech with million of scientist and is going to eclipse Silicon Valley soon. So, ow can Malaysia compete while Singapore is already shivering.

In short, Malaysia's IR 4.0 is a non-event until we get rid of our reliance of cheap foreign labour.

As said, the syndicates will push it down like shit. Look at the warrant. Low of 0.225. I sold off mine at 0.305 this morning. Key in to buy at 0.28 then amend to 0.25 then amend to 0.20 and now amend to 0.18. Heck, by the way they throw i am not surprise it will be trading at below 0.20 by tomorrow. I reckon 99% of investors here are trapped. Like i said they will squeeze you dry. Not easy to profit through bonus and dividend play in bear market.

Just take a look at AirAsia today, low of 1.83. A discount of 12c from ex price of 1.95. So isn't it better to buy now when you save RM 120 per lot without the bonus. Tony F will like to thank all AA investors for letting him cash out with a huge profit. Bonus issue is for big player to cash out because it will not dilute even 1 lot of their share. Only the share price be lower after the ex-dividend. Tony F still holds the same amount of share after ex. But if he were to raise the few hundred in cash without the special dividend of 0.90 ten he will have to liquidate some of his shares. But in this case he got a few hundred million RM in cash and still holding the same amount of shares.

Now Tony F just have to wait for a couple of months for the share price to drop below 1.50 and then start to scoop up again. Thus increase his stake in AirAsia. At the meantime let the stock free fall and let the retailers fight among themselves while Tony F is honeymooning in Seoul with his wife.

How nice is life when you have money and own a public listed company when you call the shots at your whims and fancy. If he wants to push up the price of AirAsia what he needs to do is call up some of his friends in the media and analyst to brief them on the upcoming exciting plans he got for AirAsia. Then IB will set new target price and retailers will rush in to buy forgetting abouthow they got fucked by Tony in the recent dividend play.

Sighhhhhhhhhh

What i see is that they are not interested to push up the share price yet, We need to hold on for a little longer maybe a couple of weeks. There are still a lot of weak holders waiting to throw.

Let's look at the VWAP price for the last five days.
1.55, 1.52, 1.51, 1.49 and 1.45
So the average for the 5 days is 7.52. Divided by 5 = 1.504. Add 10% to that will be 1.504 + 0.15 which equals 1.65.

If they really want to play up the counter now, what they should do is to play up the mother share today. Instead of 1.45 why not push it up to 1.55. VWAP will then be 7.62 and divided by 5 equals 1,524. Add 10% to that will yield 1.67.

The difference is only 2c. But the mother share begin trading on Monday at 1.55 instead of 1.45. Right?. So which method is easier, to push up the share price next week?

So, if i am not mistaken, they want to shake out all the weak holders first so that they will have less resistance later. Smooth sailing all the way until they announce the ex-date for the RM 177 million dividend payout. Which by then all the suckers will be jumping into the band wagon.

Can't think of any link between the mother share going up because the warrants going to be listed on Monday? What i gather is that when the warrants listing on Monday all those weak holders or "scared to lose more" investors will throw like there is no tomorrow. Warrant price going to dip like shit in the morning.

That's for sure.

Were do you get the info on warrant to be listed on Monday?

Look at AirAsia. Those bastards did it again. After ex from RM 2.85 with RM 0.95 dividend. The price is RM 1.95 but now it is trading at RM 1.94. So, it is cheaper to buy from the market now than before ex dividend. If tomorrow go down some more then those AirAsia shareholders will curse Tony F like no tomorrow.

They will fcuk him left and right and calling him a bloody conman. Same here it is much cheaper to buy now without the free bonus shares and warrants. Bloody conman all these operators.

Probably 25 to 35c for the warrant. Conversion price i reckon to be about RM 1.70. Normal case, they will squeeze you to make sure that you don't profit from these corporate exercises. The only way to profit from bonus and dividend play is during bull market, if not investors will be trapped and forced to hold longer.

Warrant price at RM 1.79? How and where do you get the figure? Is that the conversion price?

Hi guys, as said if today don't go up then i will liquidate everything. Yes, i just liquidated everything.

Thank you very much Homeriz for the profit

Wow !! what a day for Homeriz. Morning no volume but afternoon with big volume. At first, it looks like making a comeback eating all the way to 0.72. But there was a big dump towards the end. Hmmmmmm, interesting and i like the way they play it. This is a new form of play by the stock jobber.

What i see is currently there are two groups of people (not one) at play here. One is trying to push it up but another is dumping like hell so as to suppress the stock price. Most probably trying to push it down so as to collect more?

Another very interesting development is that the WB is holding steady while the mother drops 3c. Funny isn't it? From this i can deduce that WB is already cornered. The up and down of the share price somehow will be determine by one group of people not 2 as with the mother.

In other words it's up to the whims and fancy of one group of people to determine the price of WB. It can be good or bad depending on how you see it. If they also decided to push down the price of WB so as to accumulate more then we are in trouble. But if next monday if they decided to push it higher then it will be a windfall for us.

Thus, as i said before if Monday doesn't look good then i will liquidate all my holdings. My winnings at the moment is still within a new MYVI. I certainly don't want it to become a VIVA.

As for my style of play, i think the commentor who said i am a newbie, definitely refers to himself. I deal direct with the bank regarding my trading account and hence bypass a remisier. My account is also a cash front type whereby you deposit funds first before you can buy. With cash upfront they only charge me 0.1% for either buy or sell. Moreover i don't trade every day or week. My last trade before Homeriz was in February this year.

Another thing is my account is a Global Investment account with Maybank. That means I can trade in 9 different markets. I have been trading in Indonesian, Vietnamese, Australian and Singaporean stocks since 2010. If you want to trade very volatile markets then Indonesian and Vietnamese stock market is good for you. Their stocks sometimes can go limit up for 6-10 days straight and sometimes without UMA from the authorities. KLSE is nothing compare to theirs in terms of price movement and liquidity. The indonesian market is scary because when there is panic or euphoria, stock price can drop 20-35% in minutes. Yes minutes, no joke.

This is because unlike most of you, i don't hold stocks for long term. Once i am done with the trade for this round i will normally take a rest. Until the next opportunity arises. That's why i am not emotionally involved. Unlike most investors who trade very often, they tend to get emotional when their P/L doesn't do well.

Emotions detachment from P/L is one of the most important skills you need in investment. Most investors are always counting their Profit and Loss during trading hours. How can you concentrate on the market?

To be frank, if it doesn't surge by Monday, i will liquidate all my holdings and sayonara to you guys. I have other counters in mind.

Heck, where are all the punters gone? Use to be very busy here. Our Homeriz spokesperson PANG also gone missing. OMG !! what is going to happen to Homeriz?

Don't worry guys, i am still holding it. Haven't sold a lot yet. What i can see is by the low volume traded it is very suspicious. The bastards (Stock Jobbers) are playing with reverse psychology. Putting hundreds on the sell side to scare you fellows. Those who are weak will sell.

What i can deduce is that Homeriz will :

1) surge this afternoon (after 4.00 pm)
2) surge on Monday

Either of these scenario will play out. Homeriz-WB will most likely test the new high either by early next week.

So watch out on Homeriz. Mark my words !!!

Well, i would like to congratulate all winners. I am still holding but my alert level is on Defcon 1. I reckon there will be another big run up tomorrow provided the Dow Jones don't screw up tonight.

Again i wish everybody good luck !!

My best record to date is still the Connet, Connect-WB and Connect-PA. I made more than 700% in both Connect-WB and Connect-PA. I bought at 0.025 and sell at about 0.20. That was in 2017. I bought my wife an E-Class Mercedes.

Homeriz is getting volatile especially the WB. I have raised my sell risk appetite to Defcon 1. Meaning i will sell at a heartbeat if i sense there is any trouble. Anyway as of today my profit is enough to buy a new MYVI. I bought WB at an average price of 0.13. Mother at 0.615.

Anyway happy trading !!

If you play stocks by following it every seconds and minutes then your are on the wrong path. You will definitely get swayed by emotions. In the long run you will be sent to 'the cleaners'. How can you follow a stock movement by the minute especially when the market is volatile? If you see a lot of sellers accumulating then you panic. When a lot of buyers are bidding up then you are confident.

I only look at stocks 3 times a day. Opening, lunch break and Near closing at about 4 pm. That is why i am going out to do my chores. See you guys in the afternoon near closing.

For every stock with different operators there is always distinct ways their stock prices move. Your job is to identify how the operators move the stock price and not by emotions seeing other people panic sell or euphoric buy.

If you look at the past few days. Homeriz volume don't come early in the morning. It only comes later part of the day. No volume early in the morning is also a good sign as nobody i repeat NOBODY is selling. Now it's only up to the operators to push it up.

Today i reckon there will be a great run for Homeriz, WA and WB by the way they are eating up the stock.

Just hold on to your horses. Homeriz still have much space to go up. The first dividend only ex on the end of next month. But don't forget every year in October there will be another dividend (final) if you look back at the dividend history.

Since the first dividend is already 2c, i am expecting another 2c on October. This gives it a total of 4c which is about 6.3% yield at current price. Even though if the mother share price stagnant at 0.70 we still bound to collect about 7% in dividend by end of the year. Whhich is much better than EPF.

So, why so desperate to buy and sell and buy and sell? We clearly have a winner at hand.

A lot of investors in the stock market are short term traders. Many are gamblers meaning put in money today and hope to make 10-20% in 3-4 days (T+2). Hopefully will then use the extra funds (original+profit) to punt in another speculative or fast moving stock. They hope to achieve the same result and replicate it again and again. If investments in financial markets are so easy then there won't be anyone working anymore. Why work from 9 to 5 instead of being a keyboard warrior? Banging on the keyboard to make money, why not?

Heck, investing in financial markets is one of the most difficult task ever known to human beings. You are competing wit the best of the best minds around the world. Your competitors are not only local analysts. fund managers, stock jobbers and operators but also foreign ones. Many of them are equipped with MBAs and PhDs in Finance. Not only that, they are all well trained in areas of analyzing, trading, money managing and psychology. So, how can you fellows compete.with these guys?

Even these professionals have difficulty in achieving a 5% per annum !!! This is because their business model is based on the 3 and 20. Fund managers normally charge 3% annual service fees (even though the fund losses money) and 20% of the profit (if the fund makes money). Wow !! you guys here dreaming of making more money than what fund managers are making? Heck, do you know how much expenses incurred in running a fund? Office rental, clerks, analysts, sales personals, utility bills, entertainment bills, transportation cost, high end Bloomberg terminals (USD 2000 each per month). and so on.

Sadly to say, you guys are their meat. Since stock market investing is a zero sum game, when one party wins then another party losses. So, at the end of the day total losses in the stock market equals winnings. Just ask yourselves, how many of your friends make it big in the stock market? How many are driving Porsche and Ferrari? I can confidently say that almost NONE. Most of them are still looking for the Holy Grail of investing. Holy Grail doesn't exist in investing.

Because the market is dynamic. Prices are always on the move and not stagnant. The stock market is a living organism and it's prices continue to move around everyday. So how can you predict it using either FA or TA? The best they can do is provide an estimate. Meaning you are lucky if the stock price settles with a percentage of your estimated price range. The best estimate is by using the Reverting to the Mean technique. Stock prices will always revert to the Mean after being overbought or oversold. This is a no brainer method.

Just look at Homeriz-WB. The volume traded as follows.

09/07 - 99 million shares
10/07 - 52 million shares
11/07 - 52 million shares
12/07 - 32 million shares

The NOSH in WB is only 75 million shares. How the hell can it turn over by more than 100% of its NOSH on 09/07? And how about 66% on both 10/07 and 11/07?
This can only be achieved when punters are in the market. They will go in and out a few times throughout the day. When all these punters busy making hay when there is sunshine then how can the share price reflects the true value of WB? This is because when the price settles down at 4.50 pm, that's when all sellers and buyers have finally agreed to that closing price. Tomorrow the same old story begins depending on the psychologies of the buyers and sellers again. The price will gyrate up and down throughout the day. When there is panic (like during the closing minutes on last Friday) punters chuck it like a plague. When it is euphoric on Monday (New high on Dow and S&P) punters will again chase it up to the moon.

One way to ignore these madness is try not to get psychologically involved. That you need to be a master of psychology. If you can master it riches will come your way. And you will be te one driving either a Porsche or Fetrari !!

Heck, i hope all the gamblers here gets sober. This is a wake up call. I have already warned umpteen times that don't f**k with botak. Botak is a stock operator full stop !! He treats stocks trading more like business than investing.

If you are an astute businessman, how are you going to market your products? The first thing is market research which includes market share or demand (in this case suckers like all of you), competitors, pricing, demographics, packaging and of course timing . Botak is excellent in all of the above. He gauge well in product (Ekovest stock) demand, demographics (gamblers here), pricing and of course excellent product packaging (old product with new and refreshing outlook). In this case old stock but new stories.

Finally TIMING. Botak timed it perfectly. He got all the media people to write excellent prospects before Mahathir's visit to China. The media keeps on harping on the HOPE that one of the agreements will either be ECRL, HSR or Bandar Malaysia. But when Mahathir came back end of last month, what has been achieved?

Nought, almost zero. But suckers play it up with sentiment by giving hope that Mahathir will announced some kind of deal. Botak just kept quiet but letting the media to speculate and also some "bean counter analysts" here talk cock about the earnings potential if Botak gets the Bandar Malaysia deal. At the meantime Botak is busy unloading (look at the volume since end of April) his rubbish to all the clueless bagholders here.

In short, all the bagholders got triple f***ed by botak. Finally i wish to congratulate botak for screwing all the innocent and clueless "building castle in the air" investors here. I hope this will serve as a bloody good lesson for all the "get rich quick" wannabe investors here !!


ALL HAIL BOTAK !!!

Heck, i hope all the gamblers here gets sober. This is a wake up call. I have already warned umpteen times that don't f**k with botak. Botak is a stock operator full stop !! He treats stocks trading more like business than investing.

If you are an astute businessman, how are you going to market your products? The first thing is market research which includes market share or demand (in this case suckers like all of you), competitors, pricing, demographics, packaging and of course timing . Botak is excellent in all of the above. He gauge well in product (Iwcity stock) demand, demographics (gamblers here), pricing and of course excellent product packaging (old product with new and refreshing outlook). In this case old stock but new stories.

Finally TIMING. Botak timed it perfectly. He got all the media people to write excellent prospects before Mahathir's visit to China. The media keeps on harping on the HOPE that one of the agreements will either be ECRL, HSR or Bandar Malaysia. But when Mahathir came back end of last month, what has been achieved?

Nought, almost zero. But suckers play it up with sentiment by giving hope that Mahathir will announced some kind of deal. Botak just kept quiet but letting the media to speculate and also some "bean counter analysts" here talk cock about the earnings potential if Botak gets the Bandar Malaysia deal. At the meantime Botak is busy unloading (look at the volume since end of April) his rubbish to all the clueless bagholders here.

In short, all the bagholders got triple f***ed by botak. Finally i wish to congratulate botak for screwing all the innocent and clueless "building castle in the air" investors here. I hope this will serve as a bloody good lesson for all the "get rich quick" wannabe investors here !!


ALL HAIL BOTAK !!!

I reckon most investors here kena fxxxed left, right and center by botak. After the first anal fxxx as i said last week as. Don't be silly. Take a good look at this company's earnings for the past few years. What has it achieved? Nothing only negative earnings !!! Don't know why all the smart fellows (bean counters) here kena played by botak.

Two years ago when it went to above RM 3, botak hyped it up (TRX then) by collaborating with analyst,journalist, investment bankers or whatever you name it. Gamblers here never learn. When they are sober then they admit they got screwed by botak big time. When it was going up everyone was counting their profits. how much did i make yesterday, today and if i hold one more week then HUATTTTTT AHHHH, no need to work already. Just press a few button money will be falling from trees or in this case from botak's pocket?

Heck, a gambler always remain a gambler. That's why you fellows forever "building castle in the air"

LOL

If you look at Pang72 comment archives (click his ID then click the comment) you will be able to see his archives. He always appear in those counters that are hottest. If you have sharp eyes you can deduced that this fellow got burned in most of the counters.

Currently he is active in Sansuria. Sansuria went up coz it is having some JV with some chinese companies. It was limit up this morning but now retraced almost half the gains. I wish Pang72 good luck on that mission.Chasing hot stocks eventually send you to the cleaners.

If i am not mistaken. Both Tebrauteguh and Pang72 got a nice anal fuck by Botak Lim. Both seems to be missing in action already. Used to be the top commentor in this Iwcity thread. Like the old saying 'kalah tak apa, tapi syiok mesti ada'.

Hope Botak Lim will whack them one more round soon.

This might be Omega 2 in the making. Heck man, management involved in derivatives trading. In terms of riskiness derivatives is at the top of the pyramid. I bet these fellows never employ Value At Risk (VAR) in their risk profiling and control structures.

People here said RM 0.12 dividend a good deal when the potential to lose more than RM 0.50 is more than possible.
Why not buy it at a much cheaper price tomorrow ?

Losses almost 3x revenue? How do they achieved it?
Another future candidate for PN17 i reckon !!!

MAA also lose RM 11 million today

A lot of brokers/financial institutions hide their losses in off balance sheet accounts like Lehman Bros, Barings Bank and so on

The losses i think are hidden in the off balance sheet accounts.

last quarter

After he screws up in Cscstel. Promoting the counter like no tomorrow. In the end the last also in red?

Calvintaneng again?

What happened to that Calvintaneng joker? Talk three talk four as if he knows everything. In the end it shows he knows nuts or zero !!! Even "GURU" Warren Buffet is in trouble.

https://www.moneycontrol.com/news/business/companies/buffetts-firm-reports-25-billion-4q-loss-on-paper-stock-losses-3575991.html