kuihmoi's question means that at my age 81 years, I should not be greedy for more money. My reasons for making more money are:

1. When I die I will give all my money to charity. I have already given more than 200 scholarships to help poor students to complete their tertiary education. Recipients of my scholarships are not required to pay me back the money they received from me but they have to promise that they will help other poor people when they are financially solvent. In this way I will be creating more and more charity workers.

About 5 years ago, I offered Rm 30 million to UTAR to build student hotels but the MCA leaders rejected my donation offer because they own all the land outside the university campus and they did not want my proposed hotels to compete with their lucrative property business. Now you can say that the MCA leaders are greedy for more money, they believe they can take their money along when they die.

If you google my name, if you want to know more details about this scandalous case. If you know of poor students who need help, tell them to apply according to my scholarship advertisement in Lim Kit Siang's blog or in Malaysia-Finance Blogspot.

2. Another reason is that I find searching for undervalued stocks to make money is more thrilling than sex at my age. It is like betting a winner in horse racing. As I have an exemplary track record, I believe people can learn from my experience. Moreover, all these metal work is very good for my health. Otherwise, I will be bored to death.

3. I like to teach people how to fish instead of giving you some fish. That is why I have been publishing a few articles on this website. When I receive a bad comment, I ask myself why should I bother to help people to make more money.

For many years I also have been writing frequently about the wrong doings of the BN Government. I notice that almost all the commentaries of my articles on social & political issues are very encouraging. My great disappointment in my life is that PR lost Perak by a very narrow margin.

For your information, I lost a good friend and business partner, Lim Yong Keat who was one of the founders of IJM Corporation. His funeral will be on 7th morning. This reminds us that no one can take his money away when he dies. Koon Yew Yin

I walk the talk, meaning I do what I say. My wife and I bought more than half of the 8 million JT shares traded on 31st Dec 2013. I have not seen such huge volume of JT shares traded before. It looked like a big fund wanted to sell before year end.

I wish someone can tell me the reason why would anyone sell so aggressively as if he could not sell in 2014. Even if he wants to sell, he should not sell so aggressively to get a better price. JT price dropped 16 sens in the last 3 trading days.

I put my money where my mouth is. I will continue to borrow more money or sell my other holdings to buy JT if its price continues to drop. To be a super investor, one must not be afraid to buy when its price has dropped much lower than when one started to accumulate it, provided the reasons for buying have not changed.

For the same reason my family members and I bought about 20 million Sarawak Oil Palm shares (as shown in SOP 2011 report) when its price was about Rm 3.00. The price was so cheap because their palms were young and as a result the profit was not attractive. SOP is now trading around Rm 6.50 and I sold almost all my SOP to buy JT.

In 2 or 3 years time, I strongly believe JT will double its price, like SOP. As much as I regretted in publishing this article, I am obliged to respond to commentaries. Again I am not asking you to buy JT.

Best wishes for 2014

Avucin, although I do not know you, your comment shows that you have no manners, you do not understand what I wrote and you have a very poor track record. You are crude and you will be a failure in life. Please google my name so that you know more about me.

I will increase my borrowing to buy JT as you can see the big block currently queuing to buy. To be really successful, you must not be afraid to buy when the share goes lower than you originally started to buy if the reasons for buying have not changed.

Why and who would sell so aggressively in the last few days? When I posted this article, the price of Jaya Tiasa was Rm 2.13 on 1st Nov. and it shot up to above Rm 2.50 and it closed at Rm 2.05 on 30th Dec.

I think a professional fund manager whose book value of his portfolio is showing too much profit and he wants to depress the price of JT so that he can have an easy start for 2014. In any case, you can see for yourself that JT is so ridiculously under valued. Just basing on the market price of Rm 70,000 per hectare for oil palm plantation X 62,500 ha = Rm 4.375 billion which is more than twice of JT's market capitalization.

Let me elaborate on its plywood and timber business. JT has almost unlimited log supply from its own forest while manufacturers from India, China, Taiwan and Japan have to buy & import logs, most probably from JT. Remember JT is one of the largest plywood manufacturers in the world and with its competitive advantage, it will generate sustainable profit for a long time. Currently it is not showing much profit because JT has been using its money from its timber business to plant oil palms aggressively.

I consider JT is my best bet which I will continue to accumulate. After blowing so much about JT, my reputation is at stake. Where can I hide my face if JT remain depressed below Rm 2?
Koon Yew Yin

I am glad my article 'How to become a super investor' has attracted so many commentaries. If you google my name you will read a lot more of my writings and U Tube interview by BMF.

I see there are a few exchanges regarding LUCK. You may like to read what Seneca said about LUCK: Lucius Annaeus Seneca (often known simply as Seneca; ca. 4 BC – AD 65) was a Roman Stoic philosopher, statesman,dramatist, and in one work humorist, of the Silver Age of Latin literature. He was tutor and later advisor to emperor Nero. While he was forced to commit suicide for alleged complicity in the Pisonian conspiracy to assassinate Nero, the last of the Julio-Claudian emperors, he may have been innocent.[1][2] LUCK is what happens when preparation meets opportunity.

Best of luck

Koon Yew Yin

Imenwe seems to be annoyed when I said that every investor must examine his track record. If his record has not been good he must change his method and follow my method of selecting undervalued stocks with very good profit growth prospect.

I said this with good intention because I have an exemplary track record. Almost all my wealth is from the stock market and I have been giving away my money to help poor students. Up to date I have given more than 200 scholarships to help poor students to complete their tertiary eduction. You can see my scholarship offer advertisement on Malaysian Finance blogspot and on Lim Kit Siang Blog.

AS Ooi Teik Bee said, my statement is fair. Imenwe said that he is not a financial analyst but he makes the most commentaries and wants to impress all the readers. Please tell me your achievement so that I can learn something from you.

Please come to my house tomorrow evening at 5 PM so that we can exchange views. 12 people have confirmed to come for the chat and dinner. This will be a good opportunity for you to teach us.

Call me 017-5577822 or email: koonyewyin@gmail.com. My intention is truly altruistic. You can google my name if you wish to know more about me. I was a founder of IJM Corp., Mudajaya Group, Gamuda and a few other companies.

In 2 months I will be 81 years old and I have written in my will that I will give away all my wealth to charity when I die.
Koon Yew Yin

I refer to Cariyoyo's commentary about my previous recommendations about 2 years ago. Both R Sawit and Evergreen went up but I could not tell everybody to sell. You must know when to sell as no shares can go up indefinitely for whatever reasons. You must also realise that practically no professional analysts would recommend sell on any stock.

Regarding Xingquan, one of the few Chinese Shoe companies, I am still leaking my wounds. I gave some of my holdings to my grand children so that they have the time to wait. It is most unfortunate. I visited the company twice. The first time was with CIMB's representatives who were the underwriters for the IPO at Rm 1.80, if I am not mistaken. I was convinced and I bought about 20 or more millions of shares and my average price must be about Rm 1.50.

When I recommended it, I was really convinced that the company was really undervalued after my 2nd visit. I saw they were completing several rolls of walk up flats to accommodate 3,000 workers with the IPO proceeds. Their newly completed factory had all the latest equipment which I believe would save cost and improve profit.

The share is selling around 90 sens when its cash value per share is about 50 sens. It is selling P/E 3 or 4. It is an honest company but investors do not believe it.

I must say Xingquan is my worst investment in my life and you can kick me for misleading you. You must remember, I recommended it with really good intention.

Cariyoyo, I am sorry, please come to my house at 50 pm 9th Nov. SMY 017-5577822 or email: koonyewyin@gmail.com
Koon Yew Yin

Thank you all for reading my article and for all your commentaries. Many of you do not agree with me but I assure you that my intention for writing the article is truly altruistic. I want you to select stocks my way, value investing which has been proven to be the best method by Guru Warren Buffett, Peter Lynch and other Gurus.
I do not agree with Inmenwe’s last commentary quote “ If timber is so good like what you claim they will never enter palm oil business".

JT owns 2,400 sq kilometer of forest and about 32,000 ha of fast growing trees which are raw material for their plywood and other timber business. Surely you can see that JT has the competitive advantage over all the Chinese, Taiwanese, Korean and other manufacturers who have to import their raw materials. You can see that in the last 10 or more years they have been cutting down trees to generating cash to plant oil palms. As a result, their latest annual report shows that they have planted 62,745 ha which is worth more than twice its market capitalization.

The timber business is like printing money and they have been using the proceeds wisely to plant oil palms. I was told by the top management that they are looking to buy more land to continue planting oil palms. In fact, Dato Sri Tiong, deputy executive chairman invited me for discussion about one month ago. That was the first time,I had a helicopter tour of their plantation, mills and plywood factories. All their assets have water front and their products are being transported by water which is cost effective.
Bearing in mind that JT’s controlling shareholder is one of the richest Malaysians who will privatize the company sooner or later because it is so much undervalue. When JT is privatized I will be laughing all the way to the bank.

This reminds me of Tan Sri Syed Mokhtar, one of the richest Malay entrepreneur privatized Trade Winds, Trade Winds Planations and Bernas in March of this year. I also wrote to encourage everybody to buy these shares. As much as I hate to brag, I humbly must tell you that my wife and I have made about Rm 30 million on this occasion.

You must examine your track record. If you not been making big profit, you must change your method and consider my method of selecting stocks. As financial analyst, you are spending too much time in looking at the current profit and not the future profit growth prospect.

I wish to invite all of you especially Inmenwe to my house at 5.00 PM on 9th Nov at 65, Lingkaran Meru Valley, Meru Golf Resort, Ipoh for a chat and dinner. My mobile 017 5577822 or email: koonyewyin@gmail.com.

Koon Yew Yin

Response to comments on ‘How to be a super investor?’
I refer to Tan KW's comment. He wishes to know my view on the CAPEX and Free Cash Flow on Jaya Tiasa. Sorry, I really do not understand the meaning of these two accounting terms because I am only a 80 years old retired civil engineer. I selected Jaya Tiasa basing on my common sense as a businessman.
Although my article looks very professional because of the 2 charts showing the FFB production for various palm ages and the planting programme which I copied from an article by CIMB Bank analyst report and I calculated the FFB production for the current year and for 2016 like any engineer or anyone with some elementary knowledge of mathematics. My calculation shows that JT has tremendous profit growth prospect which I consider the most important stock selection criterion.
Moreover, JT owns about 2400 sq kilometre of forest and operates one of the largest if not the largest plywood and sawn timber businesses in Malaysia. They have been cutting down the forest and use the proceeds to plant 62,200 ha of oil palms and more than 32,000 ha of fast growing trees. That is why they are currently not showing much profit in the last several years and professional fund managers and normal investors do not buy this share. That is why its share price is on cheap sale in the last few years. But I know the company is undervalued.
As I said before, just basing on Boustead Holdings, one of the leading and highly respected Malaysian company's buying 2410 ha of oil palm plantation at Rm 77,000 per ha and IOI, the richest Malaysian Chinese controlled plantation company's buying Harn Len's plantation at Rm 79,000 per ha Jaya Tiasa's 62,200 ha is worth more than twice its market capitalization. I wish I have all the money to buy all the issued shares of JT.
As a businessman looking at JT, the company has almost unlimited supply of timber from its large forest and its reforestation to generate cash which it has been using to plant oil palms since 2002,11 years ago. On top of this cash, it has been borrowing from banks to accelerate its planting.
Again as a businessman, I consider borrowing money to do more business is good if the management is able to make more profit than the interest rate for borrowing. For any small cap company, it must borrow money to do more business; otherwise I consider it inefficient.
Lending money is the banks' main business and banks will lend money to only good companies. I consider Jaya Tiasa is a very efficient company and many banks would like to have this type of customer.
You must remember, oil palms will bear fruits after 4 years of planting and will continue to bear fruits even after 25 years and the average production cost is about Rm 1,400 per ton of crude palm oil while the selling price in the last few years ranges between Rm 2,300 - 3,500 per ton. What business can give you more than 100% return per year, over a long period ?
Plywood and sawn timber: As I said earlier, JT is one of the largest plywood and sawn timber producer in Malaysia and it has almost unlimited raw material supply from its own forest. How Chinese, Korean, Taiwanese or Indian manufacturers compete with JT? Koon Yew Yin 7th Nov 2013

I refer to Tan KW's comment. He wishes to know my view on the CAPEX and Free Cash Flow on Jaya Tiasa. Sorry, I really do not understand the meaning of these two accounting terms because I am only a 80 years old retired civil engineer. I selected Jaya Tiasa basing on my common sense as a businessman.

Although my article looks very professional because of the 2 charts showing the FFB production for various palm ages and the planting programme which I copied from an article by CIMB Bank analyst report and I calculated the FFB production for the current year and for 2016 like any engineer or anyone with some elementary knowledge of mathematics. My calculation shows that JT has tremendous profit growth prospect which I consider the most important stock selection criterion.

Moreover, JT owns about 2400 sq kilometre of forest and operates one of the largest if not the largest plywood and sawn timber businesses in Malaysia. They have been cutting down the forest and use the proceeds to plant 62,200 ha of oil palms and more than 32,000 ha of fast growing trees. That is why they are currently not showing much profit in the last several years and professional fund managers and normal investors do not buy this share. That is why its share price is on cheap sale in the last few years. But I know the company is undervalued.

As I said before, just basing on Boustead Holdings, one of the leading and highly respected Malaysian company's buying 2410 ha of oil palm plantation at Rm 77,000 per ha and IOI, the richest Malaysian Chinese controlled plantation company's buying Harn Len's plantation at Rm 79,000 per ha Jaya Tiasa's 62,200 ha is worth more than twice its market capitalization. I wish I have all the money to buy all the issued shares of JT.

As a businessman looking at JT, the company has almost unlimited supply of timber from its large forest and its reforestation to generate cash which it has been using to plant oil palms since 2002,11 years ago. On top of this cash, it has been borrowing from banks to accelerate its planting.

Again as a businessman, I consider borrowing money to do more business is good if the management is able to make more profit than the interest rate for borrowing. For any small cap company, it must borrow money to do more business; otherwise I consider it inefficient.

Lending money is the banks' main business and banks will lend money to only good companies. I consider Jaya Tiasa is a very efficient company and many banks would like to have this type of customer.

You must remember, oil palms will bear fruits after 4 years of planting and will continue to bear fruits even after 25 years and the average production cost is about Rm 1,400 per ton of crude palm oil while the selling price in the last few years ranges between Rm 2,300 - 3,500 per ton. What business can give you more than 100% return per year, over a long period ?

Koon Yew Yin

Hi

I must thank all the people who have commented on my article 'How to be a super investor?'. My intention for writing the piece is honourable because I believe Jaya Tiasa is really undervalue and I wish I have enough money to buy up all the shares, provided all the shareholders will sell their shares to me. As I said, you must buy when it is on cheap sale and it is vitally important to look at the profit growth prospect if you want to be a super investor to make huge profit.

I wish to invite all those who have made commentaries including anyone who is interested to meet me this Saturday 9th Nov at 5 PM at Meru Golf Resort, Club House, Jelapang, Ipoh. After the chat, I will give you all a good diner in the club house. Please SMS 017-5577822 asap so that I can reserved some Wagyu Beef for you.

Please remember, I am not asking you to buy JT. I just like to meet people. I am nearly 81 years old and I have written in my will to give away all my wealth to charity when I die. Almost all my wealth is from the stock market. You can google my name if you want to know more about me.

Koon Yew Yin