Even if there is merger between ECW and UEMS, ECW is valued at 50% of UEMS after deducting borrowings.

So called fair value of ECW is at 1.09, if at 0.2 P/FV, ECW is at 22 sen (many property counters follow 0.2 P/FV).

If at 0.4 P/FV, ECW is at 44 sen (already best figure for property counter right now).

So LKS was right to offer 45 sen to gain control of the company.
Why pay more when he has being in property sector for so long.

If offers is in cash, I have no doubt he will run for cash with 4 legs........

https://www.thestar.com.my/business/business-news/2019/11/30/the-makin...

No more sifu in HYR now.
All the sifu went holland already.

哭包祥 kah, Aramco kah, deMusangking kah, all gone 6 feet underground, not seen in i3 forum any more.........

Posted by ks55 > Dec 31, 2017 9:29 PM | Report Abuse X

Why I am here?

I hate to see idiots promoting Hengyuan day and night non-stop.

Already gone overboard.

Just syiok-syiok sendiri.

Always think of the positive side.

Never want to pay attention to the negative aspects.

Try to lure ignorant newbies without giving due caution to the potential risk.

Promoters are not promoting a decent stock with decent price with good faith.........ALL IN ALL, THEY ARE HERE TO CON YOU..................

Posted by yewyin33 > Jan 18, 2018 6:16 AM | Report Abuse

As you can see that the share price of Hengyuan fluctuates so wildly and so widely that I am as puzzled as most investors. Its high and low of a day can be more than one Ringgit. As I said before the fantastic rise of Hengyuan from about Rm 2.50 to above Rm 19 within one year, an increase of about 800%, has created history in our local stock market that no one including I have not seen before.

As a result, many people asked for my advice and I told them that I also do not know how to react. Honestly, I have not started selling seriously. My family members and I have a total of more than 20 million shares. Hengyuan is our second largest investment. JAKS is our largest investment.

I consider unfair for the few commentators to say that I have promoted the share by writing so many articles to encourage them to buy and I dump my holdings.

I am not asking you to buy or sell Hengyuan. But if you decide to buy or sell, you are doing it at your own risk as I do not have any share of your profit or loss.

You must bear in mind that when I start to sell, I am not obliged to tell you.

Koon Yew Yin

Posted by ks55 > Jan 18, 2018 9:40 AM | Report Abuse X

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Dec 31, 2017 09:31 PM | Report Abuse

When did Hengyuan pay dividend for the last time? 2013?
When do you expect Hengyuan to pay dividend again? 2023?

Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.

Sama-sama lah, all are red chips.

Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.

Later on fire will break out in their factories/ refinery.

Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........

Posted by Sslee > Mar 24, 2018 7:28 AM | Report Abuse

Dear Hengyuan Shareholders,
Good morning, a gentle reminder. Please look into the below blog and spare some of your valuable time this weekend to prepare and send in your Notice of Requisition. I thank you
https://klse.i3investor.com/blogs/Sslee_blog/151687.jsp

Dear ks55, pussycats, 3iii and all the naysayer.
Thank for your comments, I choose to attend the AGM and to voice out all your concerns with the BOD and the auditor. Please let me know if you have any other concerns or perhaps you would like to invite yourself to the AGM by buying 1 lot of Hengyuan share and ask the BOD and Auditor directly yourself. I thank you.

Dear Sadist,
I can only offer you the following advice:
Some live in the past: Anger, arrogant, guilt, regret, resentment, grievance, sadness, bitterness, pain, hate and all forms of non-forgiveness.
Some live in the future: Hope, expectation, unease, anxiety, tension, stress, worry and all forms of fear.
So please set yourself free from the burden of the past and the expectation of the future. Live in the present. “THE NOW”
Accept what you are now with no judgment. Acceptance does not mean give in or give up, it simply mean be aware and conscience of what you are NOW and take control of it. Act now. Free yourself from the negative emotion of the unconscious past (Anger, arrogant, guilt, regret, resentment, self pity, sadness, bitterness, pain, hate and all forms of non-forgiveness) and feel the positive energy flowing through your body (Courage, passion, compassion, determination, strength, joy, calmness and peace of mind) aware and conscious of what you are now, take appropriate action to change your life for the better. Plan and focus on what you can do now, a step at a time, a word at a time. Any action you take now may not bear fruit immediately but if you focus on each step you take now the future will take care of itself.
Never believe that you are fated to be a born loser. If you act now you are controlling your own destiny but if you let yourself to be influenced by your past failure/anger/bitterness/pain/hate/resentment/regret/self pity and fear of the un-known future that nothing can be done for the better then you are destining to be a failure.
I seek not to conquer other but to conquer my own self of the past anger/bitterness/pain/hate/grievance/arrogant/resentment and future worry/anxiety/stress/fear/unease. I choose to live in “THE NOW”. So can you.

Thank you

Ultimately it may be at 10 sen when Megasteel QR is incorporated........

WC has no more 符 !!!!!!

LICB at 25 sen tomorrow?
If not tomorrow, may be by Friday next week.

Will tomorrow be 2 sen?
Or 1.5 sen?
Or 1.0 sen?

Just wait and see.
Anyway, before delisting should be at 0.5 sen and not more.......

Posted by ks55 > Jul 8, 2019 7:56 PM | Report Abuse X

Rule of Thumb, PN17 good for 2 sen or so.
Even though tomorrow can be 10 sen, towards the end it will be 0.5 sen before delisted........

https://klse.i3investor.com/servlets/stk/annqtyres/5657.jsp

Latest QR lagi teruk.
Everyday low as what Tesco marketing slogan.
Tomorrow will be lower still.
Very soon will be like Giant close down half the stalls.
Finally like Hankyu totally disappear from Malaysia.

PHB Annual Rpt 2019
Read carefully Auditors' Report. Any red flag to chase you away?
Too high risk to have so many red flags raised by the Auditors.
Up to you to digest as to the future of this 怕胜

http://www.bursamalaysia.com/market/listed-companies/company-announcem...

怕胜慢慢死?

Siapa cakap Parkson Malaysia tak mati?
Jika tak mati pun hanya tiggal separuh nyawa sahaja.
Mati enggan hidup segan.

Parkson Malaysia going to close shop.
How come you don't know?
Still think PRA going to make money?

Still kicking non stop.
Why?

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more jouses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with adverse opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

If I have promoted GKent, why I never posted anything in GKent forum?
He is welcome to counter and talk bad about GKent in that forum.
Sadly to say, he has no balls to post anything bad about GKent there.
Shame on you Ah Gu!
When you cannot rebutt others, you just choose easy way out by attacking with vulgar words.

I have no time for Ah Gu!
When did I ever mention this fella with his user ID?
First time ever I use this pseudo name Ah Gu instead of yeochingu.
See the difference?
I address to general public instead of directing to a particular character.............

Why Ah Gu only see tree not forest?
Take a helicopter ride.
Have a helicopter view.
Otherwise you will be lost in no where...

All his money already stuck in this counter.
So he cannot tolerate others to have opposite view.
If you sing along with him, you are Ah Gu's best friend.
Otherwise you are his foe.......

You know how much Ah Gu paid for his Ecoworld?
If you already know it, you will not be surprised why die-die he has to defend Ecoworld.
Any further downside will prompt him to commit suicide.......

Buy Ecoworld cheap.
Don't buy when it is overpriced.
LKS bought at 45 sen.
Why should you buy at higher price?
He bought controlling stake at 45 sen, you buy at 65 sen but not even have your voice heard.

Where is your right of being heard?
No voice heard, better buy at same price as LKS.......

Posted by ks55 > Apr 29, 2019 10:23 PM | Report Abuse X

Q1 makes 2.46 sen. Annualized is 9.84 sen.
PE 10, fair price 98.5 sen.
PE 15, fair price is 148 sen.
PE 20, fair price 197 sen.
PE 25, fair price 246 sen.

So what do you pick? PE 15? PE 25?

If you take into consideration dividend 17 sen.
Times cover? Negative man!
Not prudent way to pay out more than what you earn!
Not sustainable.

Crude oil is on the way up.
Unless can get better selling price, profit margin will squezze further.
Play safe, buy at PE 12 to 15.
You may see PE deteriorate next quarter............

All his money already stuck in this counter.
So he cannot tolerate others to have opposite view.
If you sing along with him, you are Ah Gu's best friend.
Otherwise you are his foe.......

You know how much Ah Gu paid for his Ecoworld?
If you already know it, you will not be surprised why die-die he has to defend Ecoworld.
Any further downside will prompt him to commit suicide........

Buy Ecoworld cheap.
Don't buy when it is overpriced.
LKS bought at 45 sen.
Why should you buy at higher price?
He bought controlling stake at 45 sen, you buy at 65 sen but not even have your voice heard.

Where is your right of being heard?
No voice heard, better buy at same price as LKS.......

Why Ah Gu only see tree not forest?
Take a helicopter ride.
Have a helicopter view.
Otherwise you will be lost in no where...........

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more jouses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with adverse opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

If I have promoted GKent, why I never posted anything in GKent forum?
He is welcome to counter and talk bad about GKent in that forum.
Sadly to say, he has no balls to post anything bad about GKent there.
Shame on you Ah Gu!
When you cannot rebutt others, you just choose easy way out by attacking with vulgar words.

I have no time for Ah Gu!
When did I ever mention this fella with his user ID?
First time ever I use this pseudo name Ah Gu instead of yeochingu.
See the difference?
I address to general public instead of directing to a particular character.............

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than actual intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

Why this Ah Gu only see tree, not forest?

Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses.
Is it true Ecoworld so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Ecoworld has instead of its massive borrowing.
These fellas only see LKS building more and more houses, but do not know more and more jouses cannot sell.

What else can I say?
Ah Gu is not better than many idiots promising heaven and earth in this forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with adverse opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

If I have promoted GKent, why I never posted anything in GKent forum?
He is welcome to counter and talk bad about GKent in that forum.
Sadly to say, he has no balls to post anything bad about GKent there.
Shame on you Ah Gu!
When you cannot rebutt others, you just choose easy way out by attacking with vulgar words.

I have no time for Ah Gu!
When did I ever mention this fella with his user ID?
First time ever I use this pseudo name Ah Gu instead of yeochingu.
See the difference?
I address to general public instead of directing to a particular character.............

Well said.
Ah Gu seems to fit into that Guru's shoes, only thing nobody want to follow him.
So he keep on abusing others.

Is Ah Gu really so good?
Why he keep on promoting Ecoworld?
There must be a reason behind.

Why this Ah Gu only see tree, not forest?

Many people say Parkson is very strong, very big company because every big town and city has Parkson stall. Parkson has how many and how many millions in cash and inventories. And WC keep on opening more stalls in every new mall.
Is it true Parkson so invincible?
No!
These fellas only see tree instead of forest.
These fellas only see cash Parkson has instead of its massive borrowing.
These fellas only see WC opening new stalls, but do not know more stalls already closed down.

What else can I say?
Ah Gu is not better than those idiots promising heaven and earth in Parkson forum.
Ah Gu is nobody. Just ask if he still has any cash left?
If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.

Why is he cursing everyone with adverse opinion on Ecoworld?
Surely he must have run out of money to buy more.
Surely he has lost most of his money.
Surely he must have stuck all his fortune in Ecoworld.

If I have promoted GKent, he is welcome to counter and talk bad about GKent in that forum.
Sadly to say, he has no balls to post anything bad about GKent there.
Shame on you Ah Gu!
When you cannot rebutt others, you just choose easy way out by attacking with vulgar words.

I have no time for Ah Gu!
When did I ever mention this fella with his user ID?
First time ever I use this pseudo name Ah Gu instead of yeochingu.
See the difference?
I address to general public instead of directing to a particular character.............

Ah Gu choose to use abusive and derogatory terminology on others.
Must be a big bully in school.

What academic qualification he has?
What profession is he in?

He is not a professional lah.
He is just a punter in stock market.
He may commit suicide just like the one KYY posted IC in the forum......

IOIP is lucky as Tan Sri bought the land very very cheap.
So even it is offering massive discount, company is still making money.

Can Ecoworld make any money if LKS gives 25% discount?
Ecoworld is not so lucky as LKS bought the land very very expensive!
Better make diligence analysis before buying at 65 sen.
To have short cut, just use LKS bench mark 45 sen as he had asked his accountants to make due diligence before put up this price to be fair to his son, and to himself.........

IOIP offers up to 14% discount, 4% referral, 2 years free maintenance, free lawyer fees for S&P and Bank LoanAgreement, free stamp duties on MOT and bank loan agreement, all added up to almost 25-30% less from S&P price.
Still think its properties in Malaysia still selling?

IOIP is much stronger financially.
You think Ecoworld can match?
If not, mountain size debt definitely will force it to sell at 30 to 35% discount, or just wait for fire sale at 45% in next 2 years..........

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than actual intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

IOIP is lucky as Tan Sri bought the land very very cheap.
So even it is offering massive discount, company is still making money.

IOIP offers up to 14% discount, 4% referral, 2 years free maintenance, lawyer fees, stamp duties on MOT and bank loan, all added up to almost 25-30% less from S&P price.
Still think its properties in Malaysia still selling?

Why Ecoworld will come down to 45 sen very soon?
Drifting downwards mah.
You know what are the characteristics of a drifting stock?
Engine malfunction, nothing to stop it.
You know Newton's Law of Inertia?

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than actual intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

https://kopiandproperty.com/2019/10/20/when-the-property-market-crashes/

kopitiam is absolutely correct as what is happening to Hongkong economy right now.
You lost your job, for how long you can survive with mortgage that take up to 50% of your income every month?

But in the case of property market in Malaysia, unless you are punter trying to flip (with DBIS) and now you are to pay full installment, very likely genuine buyers should be able to service their loan obligation.

What we are talking now is for those Big Head Developers with mountain size bank borrowings, can they keep on holding their completed houses with no sales?
That is the reason some developers already offer 20 to 30% discount right at the moment.
By next year, some may offer up to 40% before become insolvent.

Quote:
Many property developers are giving 20 to 30% discount to clear inventories. This is particularly true for developers having high gearing so as to ease cash flow problem.

Is it the case for Ecoworld?
What is annual sales compared with borrowings and trade payable?
Is the 'profit' generated sufficient to pay off interest charges?
I have no idea.
I prefer to leave them to those already heavily stuck punters to provide us with the answer.

Aiyoyo....
How come still not send to Tg Rambutan?

Why?
Drifting downwards mah.
You know what are the characteristics of a drifting stock?
Engine malfunction, nothing to stop it.
You know Newton's Law of Inertia?

To 45 sen for sure

該關門打狗了！

杀无赦

瓮里抓乌龟

Just need one punch to know out cockroaches

Ecoworld at best is 45 sen. Why?

1. Father buy from son at 45 sen, need not pay for more than actual intrinsic value.

2. Mountain size debt killing all.

3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)

4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.

5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.

6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.

7. Ecoworld International is another sick child. Medical fees will be unbearable.

8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?

And still moving south?
傻傻