It is a bail out of ASB/PNB stocks using EPF money.......

Jaks oprators keep on rolling over.
Pickup unsuspected newbies along the way.........

That is noble.
They told the punters don't come in yet and get killed when they are about to sell 400 million shares in next few days.

Less victims, can keep market more lively by not killing these golden geese......for their eggs.

Creditor banks did a good job by selling at limit down price early morning.
If they they sell at 18 sen down, then slowly make share price fluctuates and drift downwards, many day traders will lose their pants today.........

Play safe.
Buy only after 400m share transacted, including this morning's volume.

Why?
Check it yourself in next few days to see a meaningful reversal........

Posted by Icon8888 > Dec 15, 2018 05:25 AM | Report Abuse

and yes, all my articles are written in good faith


=======================================================

Do you really understand the meaning of 'Thing done in good faith'?
I suggest you go and consult your lawyer.

I remembered KYY also mentioned he promote certain share with noble intention AND in GOOD FAITH.
I did comment what is good faith, and I did not agree he did that in Good Faith.

Likewise, promoting Jaks-WA at 25 sen can never be taken as doing thing in good faith............

To me, Sendai worth not more than 30 sen.
72 million waiting for fire sale
Everyday 1.5 million, 48 trading days man
May be by the end left only 20 sen for the undertakers.........





Posted by ks55 > Nov 12, 2018 03:31 PM | Report Abuse X

Sendai supporters all bankrupt already?
Still believe super speculator to help you grow rich?

What I can remember is Sendai is 'expert' in steel fabrication.
What I can remember is Sendai having multi billion contract in hand.

All these remind me Linear went burst after it reported to Bursa it had received offer worth 1 billion ringgit in Dinding Cooling Tower project which never materialize, and many still believe what has been announced to Bursa is gospel truth.

Auditors report may not be credible just like Xingquan.
Auditors report may close one eye to creative accounting like in LICB.
Auditors report may raise red flags to the accounts but still not prepare to give qualified accounting report like Parkson.

What else I can say?
Don't trust any advice from half past six IB recommendation.
Don't believe in super investor's word.
Don't take in total so-called professionals in the field they claim they know the best.

Many only see tree instead of forest.
Many only see assets not liabilities.
Many only see big building without knowing things are already rotten inside.
Many only see company's turnover getting bigger and bigger but never realize profit become smaller and smaller.

What you need to do?
1. Know fundamentals of your company
2. Know your Directors
3. Know company's prospect and vision
4. Know quality of company's management, it reflects company's work ethics

If you are so confident in Sendai, and if you can buy Sendai at 90 sen or more, and you think Sendai's fundamental has not changed, there is no reason why you should not buy Sendai all the way down to 30 sen.

I thought you are steel fabrication expert.




Blog: Ever-Sendai: An investment filled with business sense? kcchongnz

Oct 8, 2017 05:48 AM | Report Abuse

Sendai is doing high end steel design and build construction, which is different from the general type of construction, where the contractor need to submit competitive tenders.
There are few construction companies in Malaysia have the expertise of high end steel design and build business . I read from the news that Sendai has secured many projects in oversea countries . Being a Malaysian company and having pool of local staff ( design and project management), I think Sendai's cost on running projects should be much cheaper and it will help in the profit margin.
With regards to construction dispute, my opinion is that , unless the project is poorly manage with many mediocre personnel, there should not be unresolvable dispute. Sendai might have such minor problems, in the past, but we should not jump into conclusion that Sendai's future projects will end up in construction dispute.
I sincerely hope that Sendai will succeed in its plan to become a reputable construction company, like Gamuda, IJM , Sunway....

Posted by qqq3 > Dec 14, 2018 07:34 PM | Report Abuse

Kyy is not an analyst. He is stock market player.


=======================================================

Now only want to admit your sifu is nobody, simply just a speculator or market operator.

Driver no good, bus been driven down the ravine at Genting Sempah.....

Newbie.
Please ask your sifu qqq3.
He knows how John Soh worked in Operation Roll Over..........

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 6, 2018 09:31 PM | Report Abuse

qqq3 == 130 million volome 30-11....well absorbed. (?????????)

How come you don"t know big operator can arrange to settle at T+7?
What they need to do just bear interest for additional days (4+ 2 or 3).

Just wonder why need to claim self as trader, and yet not knowing simple fact.

Knowledge is power.
Power to make wise decision..............

==================================================

Today is T7
Forced selling for those big time operators begins at 2.30pm
They may choose to roll over, small timers have no choice but to cut loss.

==================================================

Jaks operators must keep on rolling over everyday.
How to digest 93 millions Jaks share dumped by KYY over short period?
Slowly slowly pass over to unsuspecting small timer over a long period, could be 2 weeks, could be 4 weeks.

Who knows when can roll over operation completed?
What I know is that operator already driving Jaks down the Genting Sempah ravine, killing all those boarding this bus along the way........

Why still want to promote Jaks-WA
Noble intention?
Is it done in good faith?

Jaks-WA 62.5% under subscribed.
May open at 20 sen, subsequently drop to 10 sen.

Those sailang and sialang follow fake sifus going to holland straight away.

If Jaks mother share is only good for 40 sen, how can WA can be at 25 sen ?

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

Jaks-WA 62.5% under subscribed.
May open at 20 sen, subsequently drop to 10 sen.

Those sailang and sialang follow fake sifus going to holland straight away.

If Jaks mother share is only good for 40 sen, how can WA can be at 25 sen ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6005573

72 million for fire sale
Everyday 1.5 million, 48 trading days man
May be by the end left only 20 sen for the undertakers..........

Force selling at this rate will take few weeks to complete.
Will die slowly slowly loh.

慢慢死 慢慢死

Software, hardware.
Which one has higher risk to steal your information?

Hardware is without life.
Software is the driving force in A.I

So, Donald Duck is barking at wrong tree?
Or he is just looking for alibi to nail China innovation and creativity to challenge US supremacy?

Want to punt Sin-die?
Wait till it come down to 30 sen mah.

By that time Cow sense already disappear.
By that time KYY already hold no more (all forced sale mah).
By that time KYY will put up another article why he believe Sin-die is a dying stock.
By that time all experts in steel fabrication already give up.

Masterskill can go down to only 10 sen
Linear Corp can get delisted
No reason why Sin-die can still swim

I am not asking you to buy
I need not require you to help push Sin-die share price (quote from famous super speculator)
Buy at your own risk
When I sell (if any), I am not oblige to tell you

Blog: Where have all the value investors gone? kcchongnz

Nov 22, 2018 06:22 PM | Report Abuse

To me Jaks worth only 40 sen
Sendai even worse, can consider only below 30 sen

Blog: Where have all the value investors gone? kcchongnz

Nov 22, 2018 06:22 PM | Report Abuse

To me Jaks worth only 40 sen
Sendai even worse, can consider only below 30 sen

By next Friday may see Sendai at 30 sen.
KYY's pledged securities under seize................

Forced selling on pledged securities has begun.
More to come in next few days..........

Why KYY no more putting up buy call for Sendai?
Why KYY no more putting up buy call for LICB?

Is it because OTB no more with him?
Is it because he never trust research done by Cow Sense?

When he bought sufficiently big volume, he will then write something good to entice his followers to help jack the price.

Otherwise, he will let his followers live and die by themselves.
Been forsaken is the last thing his machai need to self-help in order to survive.....

Another KYY's stock, LICB is OTW to holland.

LICB total investment in Parkson carries book value 778 million.
Parkson market capital now at 300 million.
LICB holds 28% of Parkson equivalent to 84 million.

So, potentially impairment close to 700 million waiting to write off.


KYY at one time strongly promote LICB, but no where to be found now.
Believe he lost up to 4 million in LICB if he is still holding to it.....

At least I don't lose a single sen in Sin-die

Posted by ks55 > Sep 12, 2017 09:06 PM | Report Abuse X

Like all red chips, I just want to bring home one point. i.e. I don't trust the owner. Regardless what other people want to say, I always remind myself if I don't trust the Director, I will stay away from that counter.

Remember what analysts told you about Linear Corp when it announced to the whole world it got Dinding District Cooling Tower project worth RM 1000 million (1 Billion)?

Remember Masterskill? What happened now?

There are many many similar example.
If Directors not credible, your hard-earned money will go down the drain.
To invest in any counter, first and foremost look at who are the owners/ Directors.
Certain characters you should by all means......AVOID.
There are thousand and one other counters to look at.............

Posted by ks55 > Nov 23, 2018 05:43 PM | Report Abuse X

Blog: Where have all the value investors gone? kcchongnz

Nov 22, 2018 06:22 PM | Report Abuse

To me Jaks worth only 40 sen
Sendai even worse, can consider only below 30 sen

Posted by ks55 > Nov 12, 2018 03:31 PM | Report Abuse X

Sendai supporters all bankrupt already?
Still believe super speculator to help you grow rich?

What I can remember is Sendai is 'expert' in steel fabrication.
What I can remember is Sendai having multi billion contract in hand.

All these remind me Linear went burst after it reported to Bursa it had received offer worth 1 billion ringgit in Dinding Cooling Tower project which never materialize, and many still believe what has been announced to Bursa is gospel truth.

Auditors report may not be credible just like Xingquan.
Auditors report may close one eye to creative accounting like in LICB.
Auditors report may raise red flags to the accounts but still not prepare to give qualified accounting report like Parkson.

What else I can say?
Don't trust any advice from half past six IB recommendation.
Don't believe in super investor's word.
Don't take in total so-called professionals in the field they claim they know the best.

Many only see tree instead of forest.
Many only see assets not liabilities.
Many only see big building without knowing things are already rotten inside.
Many only see company's turnover getting bigger and bigger but never realize profit become smaller and smaller.

What you need to do?
1. Know fundamentals of your company
2. Know your Directors
3. Know company's prospect and vision
4. Know quality of company's management, it reflects company's work ethics

Just graduated from University of Kindergarten?

PRA net current liabilities worsen from negative S$ 70 million three months ago to negative S$ 77 million, i.e. RM 220 million.

Still think PRA can survive in next 6 months?

Haha....
I remember somebody worked with BDO, a bodoh company?
He must be earning peanut then????????

Sendai is OTW to 30 sen man.........

Oooops
Jaks turn red in half an hour ????????????????????

TH holds 105 million Parkson shares since 2013/14 at more than 4 ringgit a share.
Now only good for 28 sen at best.
So TH net loss in Parkson alone amount to 380 million.

What about Amsteel Corp Bhd ?
Now already delisted and changed to ACB Resources?
Another 3-4 hundred million gone.

Again all these losses will be passed to you and me via Ministry of Finance sukuk.



More important is govt set to let go all these zombie stocks including 105 million dying Parkson.
So this dying meow-meow is going to 20 sen and below very soon...........

TH holds 105 million Parkson shares since 2013/14 at more than 4 ringgit a share.
Now only good for 28 sen.
So TH net loss in Parkson alone amount to 380 million.

What about Amsteel Corp Bhd ?
Now already delisted and since changed to ACB Resources?
Another 3-4 hundred million gone.

Again all these losses will be passed to you and me via Ministry of Finance sukuk......

Govt of Malaysia has to bail out Tabung Haji again with liabilities moved to Ministry of Finance. i.e. your money and my money and all tax payers' money.

When making money, all go to Tabung Haji account holders.
When losing money, you and I have to pay.

$$$$$$$$$ In exchange for the RM19.9bil “underperforming” assets, the government will issue a sukuk (Islamic bond) worth RM10bil and Islamic redeemable convertible preference shares (i-RCPS) worth RM9.9bil through the SPV. $$$$$$$$$

Highly oversold?
You might as well wait and see how fire sales begin when pledged securities done by creditor banks.

Still praying hard for WC to take Parkson private?
Still believe WC can borrow any more from bank?
Still think WC can swim instead of diving with no return?

Keep it longer you will see Parkson become PRA trading at 1.8 cent...........

Stock: [JAKS]: JAKS RESOURCES BHD

Dec 6, 2018 09:31 PM | Report Abuse

qqq3 == 130 million volome 30-11....well absorbed. (?????????)

How come you don"t know big operator can arrange to settle at T+7?
What they need to do just bear interest for additional days (4+ 2 or 3).

Just wonder why need to claim self as trader, and yet not knowing simple fact.

Knowledge is power.
Power to make wise decision..............

==================================================

Today is T7
Forced selling for those big time operators begins at 2.30pm
They may choose to roll over, small timers have no choice but to cut loss.

Ask KYY when was forced selling of his securitized shares began, 2.30pm or 3.00pm ???????????????????????????

Ricky Yeo === A lot of discussion on Jaks create an illusion of familiarity that gets mistaken as "I know the business of Jaks" after reading a few blog posts about power plants. Volatility movement in the share price creates excitement to seek out profit opportunity, which is justified and reinforce by the familiarity bias and illusion of knowledge that he knows more than others. Throw in the ego of wanting to be right and look smart "Look how daring I am to buy at the dip and make xxx profit." And you create a behaviour of overconfidence that take on immeasurable amount of risk. That is how 99% investors die in the market, of dabbling in things they know very little about, and a total lack of humility.

====================================================================

Similar incident happened in HYR forum toward the end of 2017, where every sifu spoke high and low of crack spread/ expected profit growth, sailang and sialang non-stop.

All these sifu now having meeting in holland..........

Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD

Nov 27, 2018 07:09 PM | Report Abuse

To me Jaks worth only 40 sen
Sendai even worse, can consider only below 30 sen

Seems to me Sslee is at type 3 category

He need to pay more tuition fees

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Nov 29, 2018 01:38 PM | Report Abuse

Haha....
Everybody has to pay for tuition fees.
But outcomes are different.

Some pay and learn something, not going to commit same mistake (or less mistake)

Some pay and learn nothing, all tuition fees go to the drain

Some keep on paying and learn very slowly, they believe one day they will become sifu too

Some have graduated and enjoying their golden year right now

Some pay but dead half way, they are having meeting in holland



So which category do you belong to?
Ask yourself sincerely.
Nobody is going to judge whether you are right or wrong
Only to measure how successful you are in this market

Posted by ks55 > Dec 8, 2018 02:28 PM | Report Abuse X

KYY ==== If you look at the price chart, you can see the price went up to Rm 1.85 in Feb 2018 and when I saw it started to drop, we started selling. I should have sold more to avoid force selling. It was my greed that I did not sell more shares=======.




No report to Bursa? Or was he started to sell after 20 Jul 2018 where Jaks already came down to 1.20 (his average cost)?

Let say KYY no more selling since 30 Nov 2018, he still has about 40 million waiting for fire sales.

If he sold all from 28 Nov to 7 Dec as claimed, additional 93 million was added to free float past 2 weeks. These shares will form heavy burden above the head of buyers/punters in immediate future.

Either way, Jaks is still in high risk territory.
Take at least 2 more weeks to digest the overhangs.
Play safe, wait till market reopen next year.........










The threat is real!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Both WC and TH holding hand in hand towards holland.........

TH holds 105m Parkson shares.

https://www.thestar.com.my/news/nation/2018/12/11/review-finds-tabung-haji-in-dire-straits-questionable-transactions-found-all-over-in-report-of-insti/

TH holds 44m LICB shares.

https://www.thestar.com.my/news/nation/2018/12/11/review-finds-tabung-haji-in-dire-straits-questionable-transactions-found-all-over-in-report-of-insti/

Should extend to all Chinese company especially under tech category.

Automobile company like Geely should give similar incentive/ punishment for buying US car.

Buy America last to retaliate bully tactic in trade negotiation.
Leadership by example.
Any govt department/ agency heads found to buy US product should be sacked forthwith for undermine govt effort to counter US threat.
No govt official/ employees should send their children for US education.
Chinese citizens who wish to visit must get clearance from Foreign Affair Ministry.

Chinese must self help.
Nobody can save you and your country if you as individual trying to betray your own country...........

Many also followed KYY in LICB and Sendai.

How come our super investor so far keep silent on these 2 stocks?

Silence is golden ?

PRGL 50 cent

Wrongful gain by WC
Wrongful loss by LICB
The ingredients for cheating is well established

WC should go to jail like Jho Low.............