kancs3118

kancs3118 | Joined since 2013-09-02

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2016-04-20 07:40 | Report Abuse

Take this as an opportunity to buy more!

The basis of this private placement is probably engineered to enable institutional investors to accumulate more shares. That is why they do not use the intrinsic value of the company but rather NTA. NTA will always show a value than intrinsic value.

As mentioned earlier, private placement got dick shit to do with intrinsic value of the company. Place yourself in the shoes of the institutional investors. Probably, during a "Teh tarik" session with Tan Sri Kok Onn, the you (institutional investors) and Kok Onn has come up with a predetermined funding number = X.

Hence, you want to achieve X with the maximum number of shares. This means that you want to be alloted with more shares than with less shares. With more shares , this will benefit you in terms of dividends and any future Capital management exercise such as warrants and bonus.

So, to achieve an X level of funding , this is P price x Q quantity.
You want to have more quantities and not less.

We cannot compare this private placement with Air Asia because Air Asia is a private placement with the owners . it constitutes a different dynamic.

Honestly, if I got the funds, I will sapu more at this price since someone will press it even lower .

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2016-04-19 20:04 | Report Abuse

Hi SuperMan99,
I will share with you what I found out from the AGM today. Give me the weekend to type it out and email it to you. Damn....cannot believe ii....i met my ex- PwC audit manager today . He is doing the audit for CCB. What a small world....

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2016-04-19 08:20 | Report Abuse

KLIA express to the city is so damn expensive ...RM55 one way. The last time was at RM35...bloody hell......long life NAJIS!!!

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2016-04-19 08:19 | Report Abuse

KLIA express to the city is so damn expensive ...RM55 one way. The last time was at RM35...bloody hell......long life NAJIS!!!

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2016-04-18 16:54 | Report Abuse

bad counter - move on~!!

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2016-04-15 15:22 | Report Abuse

this one....really tekan like crazy~!

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2016-04-15 07:40 | Report Abuse

Hi Superman99, let us discuss this via email .

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2016-04-14 17:37 | Report Abuse

@ Superman 99, i am attending the AGM. Please list the questions that you wanna ask and i will ask on your behalf.

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2016-04-14 12:29 | Report Abuse

@ Alvin Kua , I agree with your assessment - that SymLife is an undervalued company. Land is the new currency now.

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2016-04-14 12:27 | Report Abuse

Hi Superman88, how is the sales for Merz for Mar'16 ?

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2016-04-13 13:07 | Report Abuse

@ Alvinkua, my main concern for Symlife is the quality of deliverables. Their Star Resi should not be affected since Samsung is the main con. But their other projects like The Wharf has a bad reputation for poor quality. What is your opinion?

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2016-04-13 13:02 | Report Abuse

actually, not concerned about the property slow down for Tambun. This counter is for keeps - cannot trade...

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2016-04-13 10:51 | Report Abuse

@ Hulk, what do you think of the potential dilution in EPS? Tambun keeps on converting warrants to shares, diluting the EPS.

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2016-04-13 10:50 | Report Abuse

@ AlvinKua, what is your opinion about this stock? i see that you also invested in good stocks like Gadang...hence, please share your research about this stock.

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2016-04-12 12:53 | Report Abuse

Forgot to mention about the 5 storey block of retail units. Already 80% sold. Once the Tower 2 is 100% sold, Star Resi already past the danger stage. FY2017 onwards will mark the change of fortune for SymLife once the 700M unbilled sales kick in.

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2016-04-11 22:35 | Report Abuse

It is about RM550 psf. Now, Tower 2 is about 30% sold. Symlife will break even after selling off Gower 2. Big profit margin here...

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2016-04-08 15:52 | Report Abuse

That is worldwide lar...how about Malaysia ?

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2016-04-07 20:49 | Report Abuse

sorry - i don't have a crystal ball to answer your question ~! if i have one, i certainly won't spend my time at i3.

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2016-04-07 17:03 | Report Abuse

@ TKSW - you only lose if you sell...but if you decide to hold long long...each price correction is the opportunity to accumulate.

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2016-04-06 17:19 | Report Abuse

yahoo...dapat curi makan at RM2.10

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2016-04-06 15:17 | Report Abuse

shit - i should have set my bait lower at RM2.08....but captured at RM2.10...sayang

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2016-04-06 13:14 | Report Abuse

after noon time, it will drop to RM2.10...my bait is set...i will catch you now/..."-)

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2016-04-04 18:20 | Report Abuse

aiyoh...wanna curi makan...pun tak boleh....

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2016-04-03 15:14 | Report Abuse

tengok kiri...tengok kanan.,....Gadang lah bagus...kalau tak beli Gadang...memang Bangang~!!

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2016-04-02 22:15 | Report Abuse

Zero cents dividend....dream long long lar...the monies will be returned to Malton via acquisition of aub standard landbanks...like the don't know where punya land at Perak Lumut.

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2016-04-02 13:36 | Report Abuse

CCB is really efficient in that regards

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2016-04-02 13:35 | Report Abuse

The bait is set at RM2

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2016-04-01 15:16 | Report Abuse

The sharp decline will come next week...and heavams will open up the opportunities for pondek like me to accumulate more at cheaper price.

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2016-04-01 15:11 | Report Abuse

See...the sage has spoken ...

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2016-04-01 12:59 | Report Abuse

If the price does not come down today, it will be down next week ...relax...opportunity to accumulate liw is ahead of us

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2016-04-01 12:59 | Report Abuse

If the price does not come down today, it will be down next week ...relax...opportunity to accumulate liw is ahead of us

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2016-04-01 12:56 | Report Abuse

Look at the e intra day chart...it is pushed down...

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2016-04-01 12:56 | Report Abuse

Look at the e intra day chart...it is pushed down...

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2016-04-01 11:05 | Report Abuse

I where got cheat you leh? I got stuck a dildo up your ass and ask you not to buy ?

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2016-04-01 10:51 | Report Abuse

Who say I throw ? I am waiting to collect cheaply...the more it drops...the more I will buy ...

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2016-04-01 07:42 | Report Abuse

Mark my words...Gadang will fall...the great Kan has spoken...

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2016-03-31 13:08 | Report Abuse

good lar...cannot wait until they pressed to RM1.95...wanna load up liaw.......press press press

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2016-03-31 11:51 | Report Abuse

Kancs3118 has spoken...hahaha..refer to my earlier posting...about someone depressing the price for the Private Placement. ...hahaha

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2016-03-31 07:50 | Report Abuse

Hi superman99, that CCB tak boleh Jalan punya...I wait until janggut long long liaw...

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2016-03-30 23:25 | Report Abuse

If you missed the RM1.93 range...don't worry...opportunity will come again. The private placement is done to institutional investors. They will definitely want a cheaper price per share and more of the shares to make up for the alloted dollar contribution. This way, they can stand to benefit from Capital related exercise such as better dividends, better participation in rights issue, etc.

Hence, this means that someone will press the share price down again when it cpmrs to the weighted average 5 days. Now the increase in share price maybe temporary due to the current euphoria in the construction sector following the awarding of MRT projects.

Let us wait until the price get depressed to RM1.9x range before we move in to buy more, shall we?

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2016-03-30 00:18 | Report Abuse

My personal opinion? It will be pressed down again

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2016-03-25 17:07 | Report Abuse

not eagle_eye ...but old eyes

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2016-03-25 14:15 | Report Abuse

@ yeekarwai88, hahaha - that is what i wanna say too,,,,,AZRB winning the MRT2 viaduct package is expected. During the AGM, Tan Sri Kok Onn already state that one package is reserved for bumi. Hence, now we know that this is for AZRB.

It is highly likely that Gadang will win 1 package - if not , why susah susah go get private placement? Gadang is so bloody cash rich in the first place...~!!

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2016-03-24 18:52 | Report Abuse

Insider news state that they gonna buy the land that they abandon last time

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2016-03-19 13:28 | Report Abuse

current climate/ sentiment - maybe rights can risk being under subscribed...furthermore, rights issue is more time consuming than private placement..... anyway - KokOnn is an honest man - he will not short change the shareholders..
waiting for them to announce the MRT3 viaduct project ,,,,and this baby will fly...

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2016-03-19 13:23 | Report Abuse

CCB.....time to wake up ....sleep far too long liaw

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2016-03-19 13:21 | Report Abuse

dui...Ms. Jolin Lai......last time, i made a mistake - bought this counter...from this counter - i learnt the bitter lesson of the importance of management integrity - selling Batu Kawan land at RM45 per square feet...and running a losing F&B business and promising to pay dividend but does not...- shows management does not have much integrity ...
i learnt from my mistake liaw...
anyway - what i have lost from this counter - i made it back from Gadang...

hey - ohhh - what is your FB / WhatsApp arrr? i got tonnes of K-Drama to share lart