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2014-10-28 01:05 | Report Abuse
making mistake(s) is part of the investments cycles - accepting that you're wrong,learning from it and try not repeating it are the traits of most successful investors.
2014-10-27 23:20 | Report Abuse
never mind forgot this Tan fella is a trader LOL
2014-10-27 23:15 | Report Abuse
More to come? or this fellow juz like to buy high sell higher coz worried miss the luxury yacht sailing to 9 cents paradise LOL :)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1776773
2014-10-24 02:56 | Report Abuse
Thanks Sunztzhe for the invite. I think you're mistaken -
1. I'm sharing my story based on the very bad experiences in this longkang shit KNM. hopefully others will not fall in to the same trap as I'm seeing the same script being play now - the only difference is the share prices are lower than when I got in.
2. even if I were to give u my 2 picks n won it is meaningless to me as I know my own capabilities n they're no where near the ability ( not even close )to like kcchongnz which I regard highly n also another fellow sifu kcloh that taught me many2 valuable insights with regards to successful investment. I based my investment philosophy like kcchongnz focusing mainly on diversification,good companies n long term.
3 lastly Kc said very well in his reply to u -
Sunztzhe,
When I teach people about investing, I am talking about value investing for the long-term. Value investors have no ability to predict share price in 1 month, 6 months, 1 year, 3 years. They only look at the business of the company, whether it is good, durable etc. If it is they won't buy yet until look at its price; is it expensive relative to its earnings, cash flow, with other similar companies, what is its price relative to its value, how risky is the company, and a whole lot of question.
Even after that, the price may take a long time to reach its potential, if they are right about the business. But they can be wrong too, but generally not as often as they would be right.
So you see a value investor won't win in your kind of competition. But in the first place, they invest for long-term to build wealth,not aiming to compete with anybody.
2014-10-23 03:50 | Report Abuse
As always Kc is Spot On on General 'wolf' lee's antic :(
I like reading the comments above
@matakuda- General 'wolf' Lee is definitely NOT a bunch of idiots LOL - the ones u r referring to are his loyal bravehearts who continues to donate to his riches. I actually thinks he is the BEST goreng kaki after Repco Low. He is very creative like wat everything stockoperator mentioned - yep EVERYTHING LOL
@sunzthze - yeah I think Kc should named it longkang shit instead of lemon LOL I also dunno why bursa dummy put there 'four big heavenly king' - trust me this KNM ain't no heavenly nor king but hellish longkang shit more like it LOL My Stock Market Investment Journey - Bursa Dummy - Good Articles to Share | I3investor
@invest88 - yep very well said - absolutely no point in directing to those anal -lysts - after all we know where their interest LIES LOL
limko said it very well - it's the management STUPID LOL - in this case General 'wolf' Lee wolfing down all the rich brave heart easy earned $$$$$$
ganasai Salt fish can wake up? I think its got chance. kcchong too calc and take history to give judgement. In your mind, you just think the history will repeat. But What I think history will give the management a lesson. They will improve. When price from 3xc to 1 already prove that this salt fish will alive one day. I will give them 2 more years: 2016 and check your this article again. May General Lee can prove what you said is wrong? Let see! Beside for hib, it is still too young. So yours should not expect any good financial result will be in recent. Kid also need time to become adult mah.
yep the above precisely typical loyal braveheart that somehow General managed to consistently recruit. Everyday I wake up I thank GOD I made the right decision (painfully at that time) in cutting this longkang 3 years ago otherwise i'll be still stuck with huge paper losses and worst still seeing so so many shares that I bought thereafter flying thru the roof not only recovering my losses but also managed to record decent gains along as well. I probably won't be here sharing my story if I still hold this longkang - likely scenario will be jumping off the building :(
many people does not realize that this share price at present still all time low from it's glory days of 10 bucks that there's a reason for it. they think wah 75 cents cheap2 OnG billions dollars revenue how can that b n with research houses foaming in their mouth again Screaming BUY3 it's very tempting to say the least but for me I'll NEVER touch this longkang shit again becoz of only 1 thing - the INTEGRITY of this General 'wolf' Lee which is NONE at all. Becareful of his 'Field Guidance' of earnings n his others tricks to those 1/2 past 6 anal - lysts like Kc pointed out - it is also very well documented in ze moola articles - Where is Ze Moola: Search results for knm - Investing And Bursa Malaysia Stock Market
No one is more thorough than KC in dissecting all these General's tricks n cheats :)
Part of the reason why my losses was huge was becoz of General 'Wolf' Lee n First Lady Gan who was 'showing' confidence in buying the millions of the share when it was plunging due to the poor results few years back. if Boss buying at 2+ dun tell me at 1.50 u not going to buy ar IF u believe in the company.
unfortunately now I see the same type of SHITS being played to keep interest in this longkang - General 'Wolf' Lee n First Lady Gan buying back,Epf buying,anal-ysts foaming in their mouth again with General's field guidance plucking from the air, RAPID news n later if slow then Peter pan news n finally Borsig the german torpedo listing will come back to create interest AGAIN n AGAIN to look for new suckers err brave hearts LOL - meantime if you're holding like my master sifu YS1 - be prepared to come out more $$$$$ for your rights with Free warrants.
Sure this share will bounce up a little from time to time when the time is good all around like how some longkangs also looking clean AFTER Alam Flora done their cleaning but as u know well it's juz a temp thingy n will go back to shitty smelly again in no time :( even with the current 'rebound' this longkang is still extremely way off it's previous glory days though market is near all time high. if good times also cannot go up how do you expect it to even stay flat let alone go up in bad times?
hopefully like wat ganasai said my mastersifu YS1 can get back his $$$$ in 2 years n NOT continue to receive his free warrants paying rights every 2 years instead :(
2014-10-21 08:31 | Report Abuse
LOL master sifu YS1 I'm worried - worried that EPF will lose all my retirement savings :(
2014-10-21 04:10 | Report Abuse
Ah Encik Ahmad - yes every time General Wolf Lee comes with one of his many antics u'll likely see me here - unfortunately. the thread is too long but if u care to check I've been here for quite sometime as previously I had invested in this longkang @ 2.+ before cutting loss a few years back about .70. hardest thing in my life as I was looking at massive losses but looking back now it was in terms of learning to be a better investor it was the best thing that happened to me not to mention that the few replacement of this longkang has recovered all my losses plus very decent gains as well.
why am I here if got no vested interest? I like to think I want to repay the favor as how some sifus who help me to realize that if I'm in a hole to stop digging LOL. I also a firm believer that in life if you do good things it will come back to u :) I see so many ignorant lazy fellas here -sorry it's a bit harsh but the truth always hurt in this case.
why I bought in the first place? - yeah lazy n ignorant loh :( WOW u should see at that time the sky high analyst projections, General n his First lady Gan buying like no tomorrow same goes for EPF which is eerily similar situation like now - did not realized that money does NOT come with instructions LOL.
I've seen it all but will history repeat itself? like kcchongnz like to phrase Mark Twain's - history may not repeat itself but it sure does rhyme :) wish I knew him before I invested in this longkang - would have saved me a fortune but it's the past now n am glad I'm no more lazy nor ignorant :)
Well at least you're not so ignorant like before with your ave down strategy - I'm not saying that KNM will sure to collapse or wont go back to 2 bucks or even more as nobody will know the future except for General Wolf Lee but why we want to risk our hard earned money here whereby the owner only interested in looking after himself? sure it does look 'cheap' compared to wat I paid for now - aiyo one of the leading O&G player mah only 75 cents so cheap so buy buy buy LOL but yeah BUT if I have stayed in this longkang needless to say I probably already more than pening n jump off the building watching so SO many good stock fly past in these few years, still holding paper losses even though market at all time high n add garam to my wound now have to korek money for the rights :( am I right or am I RIGHT? :)
Anyway won't be writing much coz this is a big week for me watching my man Peyton #18 breaking all sort of records - after all it's NOT my money LOL but I SALUTE the Loyal brave hearts. without them General would not even be still alive n kicking. Like the movie - Mel Gigibson shouted - u can take all my money n also my life but u will not n cannot take my KNM LOL
2014-10-20 08:09 | Report Abuse
oh by the way bb55 did you read the LOL behind the Liberia story LOLLL
2014-10-20 08:07 | Report Abuse
Also becareful of General wolf lee but it's your money so good luck LOL
2014-10-20 07:56 | Report Abuse
Hey invest88 good morning to you too. u're probably my ONLY reader LOL n am glad to make u smile. hope the market will be good today n brings you plenty of profitable trades. cheers buddy :)
2014-10-20 07:45 | Report Abuse
Posted by patrickbeh > Oct 20, 2014 07:15 AM | Report Abuse
hi, im new. so KNM ist good to buy in? how much price is the best price to buy in? Thanks
Hi Patrick, how much money u have? I have a fren from Liberia - his uncle pass away 2 days ago from ebola n he is the only survivor. His uncle also left him a lot of money as he was the only surviving next of kin but he need to pay some taxes first before he can claim the money but he is broke. he is willing to split 50/50. Are you interested? the total value of his uncle asset is USD3 Millions n the taxes is USD 20K. pls leave your email here if you do! LOL
2014-10-20 04:13 | Report Abuse
O.k Now fast forward to 2014 to keep this story short - Oil has comeback from the low of below 80 to above 120 n now back to about 80+. General has played with his takeover news then cancelled n even Fined by Bursa (juz a slap on the wrist with that puny fine - https://my.news.yahoo.com/bursa-securities-raps-knm-fines-directors-rm200-000-110753540.html ), the revenue continue to be over billions but the profits continue to be puny tiny millions (hey at least got profits o.k )n the share prices has gone all the way down to the low of 40 cents but managed to rebound to about wat highest 1.20 ( a little generous here for easy ref ) n now at 75 n basically still at all time LOW considering that our market index n many individual stock at all time high or has reach much higher prices, Peterpan project last heard secured loan from Exim bank http://hongwei85.blogspot.com/2014/01/knm-next.html
supposedly for it but now asking for more $$$$ thru the rights :( (of course they have to call for another right whether to pay for their interest or not - how else they gonna do that when their margins are puny. I remembered not too long ago that one insider working on the contracts that some contracts are clinched with 5% margins n some are even basically breakeven - yeah BREAKEVEN juz to have jobs :( Now u can see how their rev with billions n their profits with tiny millions)
not to mention German n whole of euro is facing slowdown - maybe when Euro leaders come out with their own QE they can also help out our General :(
borsig listing? Still waiting for Encik Ahmad to contact them.
RAPID? o.k we HOPE again n wait. mean time U come out with your $$$$$ to subscribe to the rights - yeah comes with 'FREE' warrants n also the owners also subscribing.
YS1 still remembered how I told u I cut this longkang when it was around 70 cents n invested in My eg, Pantech n SKPres when it was below 70+,60+ n 40 respectively? not only have I recovered all my losses thru other good fundamental shares as well I've also made some decent gains even despite the weakness currently. surviving in the stock market is already hard let alone making decent return dun make it harder than it is by punting on these longkangs - there are many good stock that provides at least decent divvy, growth n owner that is not only trying to keep enriching himself at the expense of the minorities shareholders.
sorry to say la those who invest in Ka Ni Ma is not investors but speculators or newbies- they're mostly punters or traders hoping to make a quick bucks - same goes for EPF - that explain why they keep trading this share week in week out but saying that I still do not understand why they risk the rakyat hard earn savings on this longkang. No REAL investors will even look at this counter when they see the numbers n worst if they know about the antics of this General Wolf Lee. so wat do you think YS1 - have I explained myself well n do I still want to touch this :(
2014-10-20 04:12 | Report Abuse
Yungshen1 wat is there to touch - even if you give me YOUR $$$$ to buy this counter I'll take it to Genting at least I have some chance to win. O.k let's go back a little to our past
we've 'known' each other here for wat 3 years. yeah we're both General's Lee's loyal brave heart. You got 1your wat about 1.50? n me at 2.20. we thought we had a bargain since most of the major investment houses were covering this stock n also juz a few years back it was more than 10.
yeah bad timing of Borsig purchase,oil was slumping n so was KNM shares - o.k give benefit of doubt n hope when oil recovers this one will be a darling again - no need 10 back ( sorry to those who bought at high) 5 bucks also enough for me.
General say keep the faith as we tender for 15 billions yeah not 1.5 but 15 (FIFTEEN) n if we get 25% also we celebrate like we won the lottery but our BIG BAD WOLF no tell us that no matter how much contract won the margins are shitty n gave those 1/2 past 6 analysts his 25- 35% margin projection or he likes to call it 'field guidance' like his ancestors from the Republic of North Korea n needless to say those damn fools analysts were foaming in their mouth with the figures provided so BUY BUY BUY they shouted like this was the GEM of the century - The future PETRONAS or Public bank etc.
so every tom,dick,hairy,auntie,uncle,pakcik,makchik,YS1,FS n even the stupeed EPF also want a piece of the cake. Then oil recovers so this shitty longkang also recovered a bit. Then Peterpan project announcement came along BOOM yeah BOOOOOM we go past 3 bucks WOW easy money :) still remembered the earliest Xmas present I got that year (2010)in all my life!
paper profit liao haha Tai thong here we come when it hits 5 bucks (make reservation first - we want the WHOLE restaurant )- load up on the caviar,lobsters,Emperor sharkfins,dolphins, bottles of Louis 13 whatever that cost NOT LESS than 1K per plate. We want to FEAST!!!
o.k now Our General's orders are wat 4 billions including Peterpan? 2011 will be the start of our journey to reclaim back the glory days when KNM sat on TOP of HIMAYAN Mountain of 10 bucks n General Lee was threatening the world with his nukes (NOKILLER) n now we're 1/3 already there led by Our commander YS1.
NOW let's see the profits $$$$ - calculators ready - start counting OUR $$$$$ hehe here we go (smiling,giggling foaming in mouth too - sooooo excited )!!! ready - SHOW ME THE NUMBERS like tom kurus said :)
-91 millions! WTF!!!! did u juz said we LOST 91 millions???? - how the F can that be???? are u F'ing kidding me???? then my machai explain Boss - the Peter pan got some financial problem - delay boss. then I asked wat about the other projects on hand? Boss looks like the margin are very thin n we also not doing well in N.America,AP barely covered n Borsig is the one keeping us afloat. Farking General :(
con't
2014-10-19 07:19 | Report Abuse
sigh KC 'unfortunately' u'll be right again n again :( based on the dates above :(
If only I knew u before I punted in this shittie longkang stock after it was recommended by 9/10 of the major Bolihland Research House, I would have easily saved 100 thousands more than the kachang putih fees that you're charging in learning Fundamental investing :(
2014-10-19 05:48 | Report Abuse
Let me compile a small list of presents from General Wolf' Lee or shall I say presents FROM his loyal brave hearts to him recently in the last 3 years n also together with some of the $$$$$ he raised either from his placements or loans or his creativity in the par value thingy.
Oct 17 2014
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1769965 min RM230 mills raised
30 may 2014
http://www.knm.com.my/bursaannouncement/2014/300514-General%20Announcement(a).pdf placement of shares 146,674,100 x.50 = RM73 mills
27jan2014
http://www.knm.com.my/bursaannouncement/2014/270114-General%20Announcement.pdf
par reduction from 1 bucks to .50 cents resulting in a 'gain' of RM745 Mills
http://www.theedgemalaysia.com/business-news/272902-knm-proposes-to-cut-share-par-value-by-50.html
19 dec 2013
http://www.knm.com.my/bursaannouncement/2013/191213-General%20Announcement.pdf loan of Euro 220 x 4.48 ( xchange rate ) =RM985 Mills Approx
16 may 2013
http://www.knm.com.my/bursaannouncement/2013/160513-General%20Announcement.pdf loan of 44.6USD x 3.28 ( xchange rate) =RM146 Mills Approx
20Nov 2012
http://www.knm.com.my/bursaannouncement/2013/160513-General%20Announcement.pdf which raised 195 Millions
All in all KNM has raised over 2 Billions (not including the min 230 Mills coming up) Where r all the $$$$$ ? some more this General want to ask your loyal brave hearts for more? wat about the bravehearts like your loyal commander YS1 who stuck with you thru thick n thin @1.50 n I'm not even talking about the brave hearts who bought your shitty company at the height of over 10 bucks some years back - yeah 10 FREAKING BUCKS - if they're not pening or pengsan they most likely jumped off the building already :(
how greedy can u be? No wonder your commander YS1 mentioned that you're the TOP 40 riches in Bolihland - I'm surprised u're not in Top 10.
Oh U promised to distribute 50% of the profits for divvy
http://www.knm.com.my/bursaannouncement/2011/221111-General%20Announcement.pdf
in 2011 n now is 2014 though u have made over 130 mills from yr 2012 till now habuk pun tarak :( :(
will I be far off if a couple of years down the road that you will again ask for rights n then reduce your the Par value from .50 cents to .10 cents n in between throw in a loan or 2 to 'raised' more $$$$$ for your latest Space shuttle? :( :( :(
2014-10-19 05:00 | Report Abuse
Ahmad Muzamil Ahmad Murad I thought peterborough is new thing but its being going on since 2010 right? What the problem with that project can someone tell me?
18/10/2014 10:36
LOL u 'invest' in this share thinking that Peterpan is a new thingy? WOW - but never mind - if u want to find out more you can contact this person below
General Wolf Lee @ +60-3-8946 3000
oh when u r there pls also ask WHEN IF EVER of Borsig listing n also when the divvy 50% of the profit he promised since 2012 :) pls also convey to him we r not greedy 5% pun chukup la. Thank You first :)
2014-10-19 04:56 | Report Abuse
Kc - Like? Honestly when I read this type statement I want to smack the hell out of them n very obvious u know they're ignorant n before long I can guarantee u they will not only lose their pants but will pening,pengsan n then likely jump off the building LOL
Sure You can be lucky sometimes punting in these longkangs but sooner or later your luck will run out n by that time u will be lucky if u still have a sane mind after many $$$$$ poorer. Unfortunately, am speaking from experience :(
For anyone who has been here for wat? say 3 years now already know that you're honest,very straight forward n extremely well versed with all these financial shenanigans of these crooks CEO/owner especially this General.
LOL Kc, I dun think u need my statement to help your promotion but if it helps by all means please use them ( I dun mind being an example coz it will ALWAYS remind me avoid these longkangs like a plaque :)). If they ( newbies ) are really SMART n who wants to be successful, getting to know you is already an advantage in this shark infested market n learning from u will not only improve their knowledge but will ensure their survival n their success from your guidance more so in volatile times like this. Your impressive record already speaks more for itself :)
Every time I see stupidity (sorry la a bit harsh but beh tahan )the first thing I suggest (if they ever listen) is to get some education at least the basic fundamentals before spending so much money investing opps speculating in these longkang shares n losing their pants off n the first person that comes to my mind is who else but you :) n if they're really smart they will know that your fees are really kachang putih compared to the much2 more $$$$$ that they will lose from punting in these longkangs. Unfortunately, sad but true there are just too many penny wise pound foolish lazy ignorant punters always looking for hot tips n the flavor of the day hoping to make an easy killing but getting killed instead :( How else u think General 'wolf' Lee can have so many loyal bravehearts despite keep coming out with all these 'gifts' that he is ASKING (like u mentioned before LOL ) from them :)
U need one good example out of the plenty there in KNM Thread? - if u have time check out this Ahmad postings with his earlier ave down 'strategy' before he finally come to his senses - well of course as always after losing his pants but then give him a little credit - not many people do n most continue to be ignorant :( . let me warn u first before reading that your stomach might churn LOL
2014-10-18 04:29 | Report Abuse
LOL Kc looks like we 'Missed' out on our annual presents from General 'Wolf' Lee AGAIN LOLLLL
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1769965
this year really 'bad' luck, 'lost' in shares,now no more 'presents' from General 'Wolf' Lee n worst Epf lost my retirement savings too speculating in KNM LOLLL so cham lo LOL
on a more 'serious' note how come u know that they will issue ANOTHER Right not long AFTER the recent one :) u have crystal ball ah LOLL
2014-10-18 04:23 | Report Abuse
LOL pzul same for MMSV too but each time taken down went back higher - can it do again :)
2014-10-18 04:03 | Report Abuse
LOL pzul - always go to spread out to minimize risk :)
2014-10-18 03:54 | Report Abuse
Mon panicky buy after the impressive gains today on DJ ? :)
2014-10-18 03:52 | Report Abuse
Thanks yktay1 for posting the article from Focus :)
2014-10-18 00:13 | Report Abuse
productive purposes? pls define :) wat happened to the earlier announced private placement n also the par share reduction that generate a whopping 740 mil into the coffer of General 'wolf' Lee??
http://www.theedgemalaysia.com/business-news/272902-knm-proposes-to-cut-share-par-value-by-50.html
Still need to issue rights? really WOLF to the core :(
Posted by sharinginfoz > Oct 17, 2014 11:04 PM | Report Abuse
I think these proposals are positive as it will reduce the interest on loan approximately RM10 million per year and will improve the net profit especially when the other half of proceeds be used for productive purposes. However, EPS will be diluted as number of shares increases. Whatever it is, KNM is a growth stock and need to invest a lot in order to expand the business but make sure do not expand too quickly as previously.
2014-10-17 23:42 | Report Abuse
working cap or giving him more money to upgrade to his new 787 Dreamliner LOL but dun worry in bolihland we have lots of rich 'investors' who will happily contribute - that is why he does it all the time LOL
2014-10-17 23:21 | Report Abuse
Posted by godbless88 > Oct 17, 2014 11:06 PM | Report Abuse
Terrible timing, did not take account of our interest.
LOL since when General 'wolf' Lee take into OUR interest :)
2014-10-17 23:18 | Report Abuse
aiyo Ahmad wat happened to ave down?
but good for u at least u realized that this is a mistake in buying this longkang KNM early - u still young n plenty of future n I share with u a quote from this wise man Kcchongnz. look for this person n learn from him n I can gurantee u will be very successful in investing :)
When people asked me if they should keep the stock, I like to cite this Sioux Indian proverb:
• When you realize that you are riding a dead horse, the best strategy is to dismount
2014-10-17 23:14 | Report Abuse
LOL Captain Chang hope is anypow n not Tapau LOL
2014-10-17 23:07 | Report Abuse
This one too LOL
Posted by almufathal > Jan 28, 2014 12:35 AM | Report Abuse
suka suka mau turun naik par value....dulu slash par value 3 times...then convert to rm1....now slash again...takdak kerja lain
maybe he might want to add the latest - suka suka mau decrease share cap ...... dulu from 4 billions to 1........ then increase balik to over 2 ....takdak kerja lain
LOL memang General 'Wolf' Lee takdak Kerja lain la Bro - apasal lu ingat dia ada it nama 'wolf' tengah LOL
2014-10-17 23:02 | Report Abuse
darn this guy is really scarily good :) he even predicted the right issue AFTER the recent right issue LOL who is this person? how he knows? does he have a crystal ball LOL
Posted by kcchongnz > May 31, 2014 12:45 PM
Wow, you really call that a turning around? When is the right issue again and again?
me? looks like the loyal brave hearts will get ANOTHER 'present' B4 Xmas courtesy of our 'kindest' General 'wolf' Lee :(
pls make sure not to open it n send back to sender LOL
2014-10-17 22:51 | Report Abuse
damn u EPF market already bad losing in shares now lost retirement savings too LOL
smart people once bitten twice shy this EPF once bitten twice lagi bodoh :( sack the blardy trader who punted on this!
2014-10-17 10:49 | Report Abuse
n 99% of the time they have the standard reply - The BOD are not aware of any material info that affects the price LOL
2014-10-17 10:46 | Report Abuse
down also will kena UMA if the vol is too heavy n down by much but overall market all also down how to give UMA - otherwise 950 out of 1000 stock will get it LOL - UMA is like a 'recognition' now especially the 'going up' UMA LOL - Used to be BAD NEWS but now days most stock juz shrugged it off when they kena :)
2014-10-17 10:33 | Report Abuse
Just remember this when markets are jittery n bad news all over most people are nervous n some r downright irrational - they will sell at first opportunity then ask q later. just last month when the good results were out but market was not good MMSV was hovering low n actually drop a bit - mid/low 40s but when the market turn better thereafter we see this shot up past 60 n also kena UMA n now market is weak so stock also koyak but if u believe in the fundamental of this company u should not worry too much but even take the opportunity to collect :)
2014-10-17 10:18 | Report Abuse
@Limayseng - when market are falling off the cliff everyday it not easy n some here bought low so in order to protect their paper gains n capital selling is the logical thing to do. beside everyone is different, some can hold,some can't some thought it's better to stay sideline some found better stocks some even take the opportunity to buy etc so no right or wrong.
anyway, health is wealth n if is affecting any holders like Iboonk79 by all means stay out. market will always be here :)
it's not easy for me either even though I have the advantages of holding for a longer period of time. but based on my experience thru the years if you're investing in good companies most times u will always end up well. here I share with you this wise man article - of course we wish we have his $$$ but he too starts from scratch so for those holding we hope this rebound though it looks like technical can be sustained n for those who already out when u get a chance n market stable feel free to come n join us back :)
http://www.marketwatch.com/story/warren-buffett-isnt-worried-about-this-market-2014-10-16
2014-10-16 05:26 | Report Abuse
the explanation of today's plunge -
http://www.marketwatch.com/story/heres-whats-driving-the-market-meltdown-2014-10-15?mod=MW_default_latest_news
2014-10-16 05:20 | Report Abuse
A very good article indeed. is always important before buying any stocks to look at the numbers carefully n if possible the management. A company that always have 'news' but their balance sheet is like shits u pretty much know that they're longkang shits. Sure Alam Flora might come n clean them up once in a while (pushing up the price )but after that they still looks n smell shitty. My experience with General 'Wolf' Lee taught me that :(
2014-10-16 05:14 | Report Abuse
this is a wise person :) I share with you some of his quotes :)
Kevin Wong Speculators always worries of mart corrections, and they fear the bears.
While investors sees opportunities in all the gloom. The only thing that investors are worried about - bearish trend that last many, many years as the the one in 1929.
15/10/2014 15:53
Nothing can keep the bad up for long. They unlikely to bounce back, often they sinks down even lower.
Nothing can keep the good down for long! The good always bounces back, and they often bounces back higher & even higher - everytime.
The above applies both to humans & shares.
Investors are in marts for the long haul, not in the business of predicting short to middle term directions of markets/stocks.
2014-10-16 03:02 | Report Abuse
Posted by hellokitty123 > Oct 15, 2014 05:57 PM | Report Abuse
before investing, ask yourself if you can afford to see your portfolio shrink down by 50% in times of crisis and bad press. as long as you have a good company in hand there is no need to worry about. there is no formula for human behaviour. just let it be
I'm pretty sure this is a smart n successful kitty :)
2014-10-16 02:57 | Report Abuse
huh o.k back to serious stuff n trying to go back to the level I am before going so low engaging with nobody@kingshit 1 - sigh when bad market condition around even my sane thinking also gets affected LOL anyway,
guys no one can tell u whether to sell,buy or hold. Not in a correction time we're having now NOR in a bullish market too. You have to trade by your own means. There's so many different reasons as to why someone buys a stock n obviously the main is to make money but wat if it turns against u n with continue bearish market wat should one do when holding?
For ME is simple - I do not contra nor do I play margin. I only invest with my spare cash. I can hold a share for years if needs be. Not bragging here. I'll be lying if I tell you the severe market correction does not affect me. it does but I have no control over all the neg news being out there whether is ebola, plunging Oil,poor data,war etc n so on SO I focus ONLY on the company I bought as long as the Fundamentals remains even in the event of worsening market condition I will hold on and even may take the opportunity to increase my purchase sporadically or sit tight until the dust finally settle.
I'm not trying to go against the trend nor being a hero as i juz do not know when the market bottoms or tops or predict the future prices. I'll just go with wat I'm comfortable in as long as the shares I bought are not longkangs from their numbers n the management. (MMSV is a bit tricky as it does not have coverage so it's a bit disadvantage here compared to some others that have coverage by the local analyst)
I believe n also based on past experiences I will be o.k if I continue in this path but pls dun follow me as our circumstances are very likely to be different :) I bought this at a low of 30s sold some at 50,55, 59 bought back at 52 ,45 n even yesterday @ .415 n but these are small trading lots am pretty sure today with DJ crashing as of now I can definitely get below .40 or even low 30s if I want to . but all in all despite the selldown my ave is still very low though I can't say about my mudajaya,Insas nor my Smrt or even my newly acquired Elsoft LOL.
My conclusion is there's no right or wrong in selling,buying or even holding tight. of course when markets are this jittery the most sensible advice is to stay out on sideline like wat cchein,n225,sks1 n unemployed mentioned to wait for better opportunity later on when the front is calm :)
but what about those who bought high or some who bought low n seeing their paper gains eroding day by day ? well unfortunately I have no concrete answer as well as again it's juz wat you're comfortable in. everything juz comes back to wat you're comfortable in. we're all small fishes in the vast ocean as long as you do your homework you should be alright even though it's hard to see neg news all over daily for the past week that we have no control of why not if you have the means to look for more companies that are trading much below their intrinsic value n take the opportunity to buy when the dust has finally settle? :). it has been proven time n time again buying good companies below their value n diversification will always end well in the long run. n of course I'm writing based on my experiences as I've encountered both bad times as well as the good ones n learning constantly about them :)
2014-10-16 02:28 | Report Abuse
Kingston1 To add: I bought 100lots at 0.74 and when 1.02 I only top up 30 lots, because I foresee the growth of Fitters diversified. After bonus issued and correction to the current stage, i think it is safe to invest at that counter. Of cos People can ignore my thoughts. But this is just my sharing. Haha
15/10/2014 10:47
Is not to add la - u're showing your stupidity again n again :( - u bought at .74 n went up to 1.40 n u still keep??? becoz u foresee the growth juz like how u foresee that u sold MMSV at .30 then it went up to .60 n kept shouting it will go back to .9 freaking cents juz becoz u got a black heart but ignoring the fact that the company fundamentals are improving? - yes 9 cents then changed it to .50 cents n now having market jittery world over which affect ALL stocks u're coming out here shamelessly like a POS u are as if your Fitters is bucking the trend?
you're worst than being given a sweet n wanting 10 sweets but u want the whole FREAKING CANDY STORE. You're so greedy n u even top up at a much higher price u bought but now the price is even below your ORIGINAL cost! wat an idiot - save the warnings n run to yourself first :(
of course any sane investors will ignore your dumb thinking - who would be following a lying nicks swapping idiot who 'invest' in MEGB,KTB who has been continually being exposed for his/her lies n now u're not only a POS but a SKL as well in trying to 'foresee' the growth - did you foresee the drop in the whole world market n your fitters? well that already answer it self right otherwise u would not have been so greedy but not even selling but by topping up at higher prices somemore :( - how many levels DOWN do I have to go down with you :( sigh :( n no need to share your shittie thought here la this is MMSV not Fitter thread
2014-10-16 02:17 | Report Abuse
Kingston1 Who is clowns , which one is longkang counter, very soon people will knows. Let's see! hahaha
15/10/2014 09:44
Only an idiot or a newbie here do not know who the clown is :)
2014-10-15 02:09 | Report Abuse
.Juz want to expose more of this POS kingshit1@nobody look at his/her posting earlier about sweets n god bless :(
Kingston1 Already warned u guys this counter will go below 0.50 or even lower since 2 weeks back. Ace market counters all damn tricky one.. Esspecially this one! Big sharks Give u one sweet u thought can get another 10 sweets? The more u greed the faster u get sink. God bless to those who on the boat.
13/10/2014 11:56
n this POS has the gall to post below in Fitters thread
Posted by Kingston1 > Oct 13, 2014 12:52 PM | Report Abuse
Nn77, I'm holding it since it was 0.74 last year till today. Not even sell 1 lots, in fact I top up when it was 1.02 .. market sentimental normally will have some drop but I believe fitters growth still in good prospect! That's the reason Why I never sell it off. I don't expect fitters rebound one day in 10%, I prefer slowly climbing up; )
Look at how greedy this POS is - ( I do not keep track of fitters but quick look at the #s seems better than his other longkangs MEGB n KTB or even the longkang Biscuit he/she is holding ) from his/her purchase of .74 to a high of 1.40 n this POS still holding n not only that somemore TOP UP @ 1.02??? talking about greedy n sinking??? that is close to 100% gains n talking about giving sweets here ???? this Fark is trying to get the WHOLE CANDY STORE for him.herself! - look at below
Kingston1 Now is time to buy for future. If fitters able to obtain the country water pipe replacement that would be a huge growth in business! RM2 is not a dream anymore ; )
09/10/2014 13:45
n this POS calling people to get into his/her boat at .84 - yeah Boat with a leaking undercarriage :(
Kingston1 Last call to get yourself on boat! Hahaha
08/10/2014 13:45
n supposedly coming here to be Mother Theresa giving warning as if ONLY yeah ONLY spelled in caps MMSV is dropping :( :( not knowing the whole freaking market basically plunges including his/her so called future 2 bucks sinking Fitters :(
Truly A POS that no second one is even remotely close :(
2014-10-14 00:25 | Report Abuse
Kingston1 Leslie, Why 0.47? Not 0.60 or even higher like What u told as previous statement? Frank clown.. hiding when price drop? Or kena conned by sharks till pengsan already? Hahaa
13/10/2014 12:38
U POS Kingshit @ nobody - wat is there to be pengsan? conned by the shark? me or u LOL - I'm not a shit head like u who comes here n shout like a POS AFTER u sold LOW n went up HIGH. Even if it drop to .40 cents u're still lost 10 cents u piece of black heart shit head n as of now u officially LOST 16 cents - got it? - simple math.
Is MMSV the only one dropping? and dun be stupid fool n continue to make yourself the clown of the YEAR - oh I take that back - U're already a POS. At least I have the balls to disclose my tradings n wat about u? - all you have is shouting like a POS that u are without base to your wet dream fantasy of 9 cents then changed to .50 cents n keep giving me the opportunity to exposed all your lies. u only dare to come out after it dropped below .50 when the markets are in the sell off n dun even know the reason why it's dropping :(
oh never mind wat do I expect from a NODODY who wants to be KING of SHIT n pretend to be mother Theresa with all your shittie warnings but in fact is a Black hearted POS who missed the gains n jealous of the fact that those of us early investors are still making decent returns despite the sell off :( Your last sentence of Hahaa already proven wat I have said all this while that u're indeed truly a POS :( n dun worry unlike u coward POS who goes by multiple nicks n goes hiding when the price is high I'll be here to continue bashing u to a piece of worth less shit u r n will keep exposing your lies n god willing I will buy more of the old certs to stuff in into where the Sun dun shine when it hit's .60. By the way I still have those certs that I bought when it hit .50 last time if u needed it :)
2014-10-11 08:19 | Report Abuse
Posted by kingoftheworld > Oct 11, 2014 07:19 AM | Report Abuse
now is the bes time to buy
sure or not :) but o.k I listened to u becoz u r king of the world :)
2014-10-11 08:10 | Report Abuse
ah the gathering of the rich people here :)
Ahmad Muzamil Ahmad Murad During Bear breakout if your losses at 50% 60% its normal, it can always turn back green in less than 1 year.
Its draws back almost 10% from my everage..... which I'm considering to top-up when it cross 77.5cent.
What ever losses I experienced now is paper loss.... which we can always turn the tables in future.
I start to enter at RM 0.95 and it goes like roller coaster. During breakout on wednesday I top-up more at RM0.855.
Now its going down further and my next threshold is RM0.775.
My last threshold would be RM0.475 Where I will buy double what I bought during RM0.95.
I dont think EPF would completely cash out below RM1.00.
Mr Ahmad u have 'good' strategy there - keep buying n buying double @ .475 :)
General Wolf Lee will be very happy with above - He is looking for deep pocket 'investors' so he can goreng up 2 more times this year around deepavali n Xmas - he wants to bring the 'joys' to many of his brave hearts :) hopefully we can have more 'investors' like you so I can have at least a retirement cheque from EPF :) Thank You :)
Oh by the way I thought that Borsig WAS n STILL IS the main contributor to KNM earnings? or maybe I must have read it 'wrongly' :( where is Borsig? In America or gebeng? I'm a bit confused - sorry :( pls let me know after u check out A9 on page 6.
http://www.knm.com.my/quarterly-reports/2014/qrt_2014-2.pdf
Ahmad Muzamil Ahmad Murad In mid term view... this company will definitely worth RM 1.50 range per share. (Mid term is 8 to 12 month)
Long term however is yet to see if its Peterborough & Borsig venture really contribute to company turnaround.
now the newer news play is RAPID n together with Peterpan n the German Torpedo Powered Borsig will be BOOM BOOM Time for KNM. Dun worry about the slowing economy in Europe especially the Germans or the falling oil prices - wat we need is NEWS n deep pocket 'investors' like your good self we will be having Party time till end Year :) 1.50 is sup sup sui or like the wolfs like to say Easy Money LOL
2014-10-11 03:20 | Report Abuse
stopped out? wat is stopped out LOL. stop n then OUT? that is why la better stick to FA. izzit undervalued or not? has the FA changed during the previous Buy call till now or juz bad market sentiment? if yes then sell n move on to others. If no changes then continue buying slowly during weakness :) Dun become like Trader Joe :)
2014-10-11 03:01 | Report Abuse
This week has been 'interesting' to say the least - with DJ N our Takbolihland falling off the cliff many punters are running helter skelter trampling all over finding the nearest exit. MMSV is no exception to neg environment and even at one time drop more than 20% in 2 days so with more uncertainties what should one do? or rather what should I do or have done is more appropriate since I'm no expert but juz sharing my 1/2 cents view so please dun follow me :)
Hmmn let's see, MMSV has given me very good returns - took some profit n actually bought back some too yesterday n today @53 n .515 since I noticed it has stabilize a bit as to me the Fundamental has not changed this week n since I'm longer term holder I take this dip as opportunity to buy 'cheap' - of course cheap can be cheaper la so with only limited funds I bought bit by bit n also spread my risk to others good counters (not longkangs) though I feel like many stocks that I bought this week have stinking smell all over LOL.
I even bought competitor Elsoft at 1.54 then yesterday at 1.49, willow at .84 n then .77, insas at 1.2,then 1.15 n finally ( I hope LOL ) 1.06, homeritz .81 then .78, SMRT @ .75 then .635, BIMB Wa .65 then @ .59, Mrcb 1.7 then 1.52. Hovid .37, mmode @ 56 then .54
Caught so many falling knives that even went to ICU TWICE LOL so izzit smart or stupid? well certainly look stupid right now LOL n with more uncertainties ahead n IF more free falling Then Stupid is juz an understatement but BUT for small ikan billis like me in view of my long term strategy (hehe got strategy one LOL ) of buying good stocks n avoiding those longkangs my hope ( haha Teacher no like this Hope thingy LOL ) is that being stupid now will turn my stupidity into $$$ when the good times come rolling back to the once Mighty BOLIHLAND - The Land of BOLIH :) . meantime let me go n look for more flower pots incase my stupid becomes stupider next week LOL. cheers to the MMSVians - may the force be with u n me LOL :)
Stock: [MMSV]: MMS VENTURES BHD
2014-10-29 02:33 | Report Abuse
@SS661M yeah good money for him :) - if u notice this bugger always trade back n forth like he got nothing better to do LOL will call Mr Sia to fire him LOL. Anyway, today not too bad despite the weak market. I actually managed to pick up some @.515 so I'm also looking at my 11% in the next few days too LOL I hope I'm not saying it too soon but man this is the best ever stock that I traded all my life :) . hope more to come for u,me,pzul,limayseng,leslie n whoever else is holding :)