Unfortunately. ..we are still hearing echoes ...

This time i totally agree with murali n tomm. Facing an empty shell is very tiring. However whatever you sound out, u will only hear back empty echoes...

Impressive ..

If coming down the months after qa approved n the asset start generating profits I wonder how much will the share price be? Especially if oil recovers this or next year. Remember their break-even is usd26 per barrel.

Will keep shares n warrants for a while

Interesting so this is how it is played. This is a learning experience for me as well.

Yes I believe lots of cliq investors abandon cliq n buy Sona.
Sona wa has more buyers than sellers today's volume is the highest I ever seen wow.

Those just want to earn 1 or 2cents by voting against qa..we Dun believe you would be that stupid..who doesn't want money.

Assuming u buy 1mil shares earning 1cent will only give u 10k. N I dun believe those buying 1mil just want to earn only a stupid 10k. Hence..u are lying n u may not even have any Sona shares..god bless your stupidity...amen

Again cowards n chickens pls go away. Sell to us Pls. Buy at your own risk thx

Naysayers will always be losers.

Greedy u must be, when others fearful

The issues regarding on the Qa n 80% utilization rate is already announced in bursa.

It's in plain English so go read it.

i believe some of uncle kyy's stock picks are good. however as in all recommendations you will need to study n research a bit yourself before jumping in blindly. he is sharing info is nice enuf dy.

for good or for worse is up to each individual to decide. no need to be too judgemental on his losers. we all have our own losers too.

spy noted.

thx for the info. will keep a watch out

major owners of sona

Platinum Autumn Sdn. Bhd. 282mil shares 20%
credit suisse 142mil shares 10%
pacific 167mil shares 12%

then u have a couple of funds inside, some guys, etiqa insurance etc inside who already ...i believe already made up of more than 50% of shareholders. look for page 85 in their 2014 annual report.

some may have sold. some may have bought we dun know..

all we know is credit suisse keeps buying n pacific buys a bit too. from above already 42% in total ....

again i dun think these funds ppl want to just earn 47cts per share of cash from dissolving sona. they are not stupid.

i own shares in sona so pls buy at your own risk

Yes ktsk88. U are right. I dun see the owners selling any warrants nor shares yet. Pacific n credit suisse are still accumulating recently. So I will hold onto my shares, n warrants like crazy.

Again those sellers Pls sell so I can buy more. If I win I win I lose I lose.

Waiting for the quarter results. If not making a profit will then dispose. Otherwise will keep for a while. Ppl calling for buy sell are just noise. Treating them like mosquitoes sounds. Just ignore them.

Cowards n chickens will always be losers. Enuf said.
Pls sell more so we can buy more. Thank you

a very good informative write up on margin trading.
http://www.investopedia.com/university/margin/

seems it is really for short term investing

may the best luck win. cheers

Investing is not betting nor gambling. However my statement is of course my bread. My bread is totally different from other ppl.

Cheers

I find that the word 'bet'appears on a majority of margin Finance topics/discussion. Goes to show it's still a kind of gambling mentality.

This is the kind of knowledge knowhow which is grossly wrong n teaching our youngsters the wrong way.

We Shld be using the word invest especially for your future. They shld learn the prudent man rule as well. This will teach them responsibility on their own future.

I am beginning to see why lots of ppl decided to refute desa in large groups.

cheers and good investing

Does it mean substantial shareholding held by bank nominees are all on margin finance? I seriously didn't know it.

KC i believe some of the shares held in nominees account are for pledging by the owners to the banks( act as collateral) in order for the owners to get cash out to buy things.

This is like tony of aax/airasia.

thats why tony can buy football clubs n go into F1 racing

so once their price drop to a certain level below the cash they took out. they to have to replendish the borrowed amount kinda like a margin call. anyone correct me if i am wrong cheers

I fully agree with kc on not using margin finance for the youngsters.

It will purely be a gambling mindset that they will definately set themselves into if they applied margin finance.

heck even i dun use it for fear of losing everything.

Its dangerous especially if they go all out with ignorant thinking of fast gains.

I believe that they should have years of inv experience first before even going for margin finance. This will teach them the ins and outs of the market before attempting margin finance. this is my opinion.

yes all businesses borrow money to do business. this is the norm. but margin finance and business loans are 2 different things. business loans u dun get margin calls.

I know this is because I am from a business related family involved in the manufacturing/construction industry in malaysia. we do borrow loans/get credit facility to do business. its normal. But of course as in all prudent businesses less debt is better for us simply because we dun have to service a big loan every month and conserve cash flow. There is an optimum level of debt for all businesses and of course again every business is different.

cheers

All uncles can we just stop all this ego bashing pls? This will never end Until the ends of the earth.

Fyi
Investing is a personal thing. Your risk tolerance n strategy are totally different from anyone else. That's we have an IPS investment policy statement for each person. No one is the same. Some wants low risk n lots of diversification others Dun.

Even for degrees n profession no one can say they are better. I am an engineer by profession still am but I still think differently from engineers.

So pls swallow all your ego n move on. For all your good IQ seems your eq is really low. You must understand u cannot expect everyone to like you. Even Mr. Otb no longer bothers. I can respect that.

I also Dun expect ppl to like me. As long deep down I know I have done at least the correct thing it's fine.

Now can we get back to discussing about inv n youngsters way of doing it. They wanna use margin or not we Dun care as its their own responsibilities..remember that they can be stubborn n not listen to your advice. As long u tried it's good enuf

Good day everyone

So many ppl ganging up on uncle desa. May i ask why?

I am a CFA graduate. However I was an engineer by profession. Took up CFA and passed levels 123 over a period of 5 years. Failed 2x hence need 5 years. Compound interest n modern portfolio theory are 2 different things.

Compound interest occurs when the interest that accrues to an amount of money in turn accrues interest itself.
Hence u start younger u gain better chances

Modern portfolio theory(MPT) is a theory on how risk-averse investors can construct portfolios to optimize or maximize expected return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward. Also called "portfolio theory" or "portfolio managementtheory."

These are cut n pasted. No need to argue about this things. Unless u are a multi-billion fund u just do not have the resources to calculate proper variables needed n generated. We just make do with Wat we have

However day traders instill market liquidity like the market makers. Unfortunately they may get caught by Mr. Market lol.

Without these 2 our klse volume will be very very low. So we Shld be thankful to these naive traders..

Unfortunately due to either influenced or ignorance I see very little hope for the younger generation. They are just too rash n impatient.hence majority will go the contra n day trading way.

Even here in i3 I see almost 80% of forumers doing day trading. They rest is perhaps long term investors.

Due to this kind of influence n activity the younger ones tend to be influenced n lean towards day trading. Easy money n fast profits.

Tts why education plays an important part in their lives

Hope i didnt touch a raw nerve. Anyways sorry but am only interested in proper info like kc chong or icon.

From the way you present your awards blog already tells me you are not worth my salt. Sorry if this offends you.

Good luck n cheers

This has got to be the most pathetic blog that i have ever seen in my life. This joker has the time, the patience, the ideas, the design, the brains (maybe he borrow from others) to do this ...instead of at least contributing some inv ideas...sheesh.

Perhaps he is creating attention to get attention. He should get a poor forumer award...aduhai....

I really really rest my case. Thank you

Invest in yourself in investing knowledge

I particularly like this part. Young ppl must have the patience and drive to learn and not be rash in making investment decisions.

I notice majority are just looking for fast gain...and with the dangerous margin loans.

This is not the way to do it. Learn the knowledge first.

thx kc chong for the info. good read for me too

Actually if u think about it. If there are no speculators in the market then liquidity n volume will be low. So thx to all speculators, margin ,contra,day traders etc for generating the volume.

Cheers

Credit suisse n pacific bought sona mothershares around 44 44.5 sen. Sona has been hovering around 44sen for god knows how long.

They collectively hold about 20% of sona shares.

Here comes the logical question. Would they vote against the QA just to earn 2 - 3sens ? Furthermore our rm has depreciated against foreign currency by so much. Wouldnt they want to earn at least 20% 30% 40% 50%?

Rm/usd since last year from 3.8 to about 4.2 now...our rm depreciated by around 10%

Unless they have lots of so called fake experts (like in this website) who only talk big n not put the cash where their mouth is as their analysts n advisers...i am prettty sure they will vote in favour of the QA.

Btw this is not a buy call or sell call. trade on your own risk thx.
Disclosure : i have shares n warrants n sona cheers

There is no simple formula to buy low n sell high. Sounds to me u are looking at market timing. If u are looking at this then u shld learn up on market timing from contra kaki here. I am not into market timing. Thank you

Net income is net profit

PE ratio is just a term to check if this asset/stock is relatively cheap or expensive against others

Eps is a term known as earnings per share

Perhaps this website is more informative to u too learn more.
http://www.investopedia.com/terms/e/eps.asp
Lots of knowledge.

For the Eps normally they calculate for all 4 quarters. But u can check for 1q to see if price is to your liking. Of course got other ways to Chk for intrinsic value of stock. U will then need to read kcchong blogs. Very good practical detail

Just remember net income if net profit n subtract all dividends

Cheers

This is simple n general PE ratio

Eps = earnings per share
Assuming PE ratio is 10x

Price per share/eps = 10x
Hence price = 10 x eps
Eg if Eps is 10sen price = 10x 0.1 = rm1
Always divide by 100 if Eps in sen

Hahaha it's really spectacular ppl can still joke like this

Hmm what's the point of comparing? Peter Lim of sg would even be better. So is Bill Gates. Lol

Warrants are normally issued to existing shareholders as a bonus free money or to rights holders as an incentive. Plus it's normally an additional way to trade on the company.

Becoz it's normally way cheaper than the mothershare, it's normally speculated heavily by traders. Bear in mind becoz it's cheap like penny stocks the potential to gain more in profits are greater compared to buying the mothershare.

Unless it's expiring on the same year u will see heavy betting just becoz it's cheap.
Hence normally ppl will trade it becoz it's cheap to make a good profit and not to buy to convert to mothershare. This is because u will need to fork out cash to convert, here 35c per warrant.

The only reason why u will want to convert is becoz u wanna increase your shareholding in the company n to take control?

Not many ppl understands this. Any other uses for warrants?

Investing is an art form not an exact science. U need to juggle between a lot of variables. Of course science n formulas can help but there is still the art which is buying selling speculating on a whim.

Nevertheless it does help when u hanger spare cash lying around when 2008 1998 repeats itself. Just be ready when it comes but do not wait until it comes..it will be difficult like icap biz

Vs has dropped quite far now and the price is getting attractive to buy. Like someone mentioned they normally hedge their USD use for a few months in advance becoz of buying raw materials in other currencies instead of ringgit. They have been doing this way before our rm dropped against USD or vice versa. This is the way to conduct business. Even ioi does palm oil hedging. This is normal.

Again just because USD rise a bit panic. Drop a bit happy. I guess it's only the contra ppl n day traders who are easily influenced.

Everybody thinks they know a bit then proudly proclaim they are a sifu. Well done brainless sifus..

Vs industry is getting attractive with this price. They are expanding. Even tho they may not make a profit now it's fine too. Becoz the price is really at the lowest. U may miss getting fire sale prices if u Dun buy.

However I am interested in the warrants still too pricey so I will wait. If miss chance so be it.

BTW this is not an advice to buy or sell. And I am not a sifu. Just trying to follow the great investors.

Good informative writeup. I agree with you.

Yes ktsk me too. I am holding boyh the mothershare n warrants. Warrants will expire in 2018 when QA officially ok by shareholders. But i think sure ok. So many ppl buying

Vote against QA probably get back about 47sen per share
Vote for QA will definately get higher than that.

Unless there are really brainless investors who prefers not to have money.....

I rest my case

I am actually quite interested in acquiring the warrants as well. however with the exercise price at 1.65 and warrants at 0.33 meaning 0.33 + 1.65 = 1.98 to convert to mother share i feel that its too pricey at the moment. perhaps below 0.3

mr. bighead these are the ppl that have unfortunately infested i3 like a virus. we cant do much about it. so just ignore them and give our proper info with research n study.

no point to reply and argue dy. enuf said.

nevertheless. I do implore serious investors/contra players to take everything with a pinch of salt and be careful listening to rumors and nonsense with out logic. Just use your brain to think about it. logic and reasoning is important. not rumor mongering.

Good luck and happy cny

Interesting blog n topic. I for one do not think that for his 5%(shareholding I assume) of any particular company he is able to manipulate the price. At the end of the day there are other major shareholders too. Plus some of his shares are pledged for collateral hence u cant sell em. It's wishful thinking to think that he can easily manipulate prices at will. I am guessing u need brokers, other major shareholders, fake news, reporters, inv bankers to collude n shake the price. Correct me if I am wrong. I am merely thinking logically.

Plus I think u need some serious money to push up the price. How many i3investors have major cash to do it? N how much to do it? Few Mill? I am not familiar on this. Wat i do know is we are only a small river in a big ocean. We can't simply push the price. Referring to my example of gpacket, there was a day when the rumors went so strong that telekom will buy packet one at a very high price n on that day the stock went crazy with lots of volume ...shoot up to 0.65 then next day went down to 0.45. This is blatant dumping on us. Simple day in day out volume is peanuts compare to this.

Just sharing cheers

Judging from the historical 5 years prices chart. I believe going in at 40sen sounds very good. This is an interesting long term recurring revenue for bjcorp. Thx icon for the article

I am merely stating the insights and things i saw before and reading from news and the internet. I believe in being neutral and objective and learning from ppl regardless of whom thry are. Knowledge is power.

Only those idiotic uneducated imbecilic fools who does not know how to be resourceful nor collect good info to learn n refine from may doom themselves to a lifetime of failure and emotional blame games.

I rest my case. Happy cny all!

I belive rm will hover around 4.10 n below due to these 2 problems. Investor lose confidence in our gov...means our bonds may get rerated to lower inv grade..causing even more ppl to cabut. Its hard to say. Continually monitor the news