If follow 90% rule, can start to buy in a meaningful amount only at 60 sen. In order not to miss the boat, can start at 90 sen. As long as your cost is less than others, you will have others to be your cushion.

Consider to buy LCT at 90 sen and below.
Will start to buy into LCT at 90 sen, all the way to 50 sen and below.

How to buy low sell high?
When people panic sell, you panic buy.
When people panic buy, you sell to them.

Most important thing is the share you buy has good value for your money.

Buy low sell high is always easy said than done.
Wish you good luck.

Cannot comment on YTLP share price, otherwise sifu will say I bad mouth his share.

For Q2 ending 30 Jun, Kim Lun made 8.86 sen per share. Very good indeed.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478760

Without impairment charges, Plenitude will make 20 sen profit per share.

Hopefully next quarter result will not show any impairment again.

Latest QR no good due to write off 13.9 million impairment upon disposal of a subsidiary. No idea which subsidiary was sold as there was no Bursa announcement. Also make me puzzle why there was 20 million increase in administrative charges which no increment in revenue.
Any how net profit was 16.7 sen compared with 11.5 sen for previous year.
Believe Plenitude will still declare 4 sen dividend by 20 Sept.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478937

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229766&name=EA_FR_ATTACHMENTS

The Group registered a revenue of RM134.3 million and net profit of RM0.5 million for the current
quarter ended 30 June 2024 as compared to revenue of RM131.2 million and net profit of RM19.9 million
in the corresponding quarter of the previous financial year. The lower profit recorded in the current
quarter was due to provision of an impairment loss on assets held for sale of RM13.9 million resulting
from the disposal of an indirect wholly owned subsidiary company.

Jaks? You must ask DK.
Very sad. DK no more around. Don't know where is he now.

Please be prudent. No OPM.

6 Sept EGM - Approval
9 Sept send to Bursa for final approval for listing
12 Sept Bursa grant approval
23 Sept completion of share split
25 Sept New share ready for trading
28 Sept Q2 result out - expect to make 80 sen per share or more, announce special dividend

Up to you to buy more. I have reached my maximum quota for Crescendo. Even though I know it will perform, but I prefer to spread my risk.

Expecting Paramount to jump start and up by 10 sen today.
Longer term prospect TP is 1.80 by year end.

Prospect:

Property segment

In the second half of 2024, the Group targets to launch 4 projects (including new phases of existing projects) with a projected GDV of RM0.7 billion. Greenwoods Salak Perdana Senna(semi-detached cluster townhouses in Sepang) is expected to be launched in the third quarter of 2024. Along with the sizable launches in 2Q2024 and the completion of the commercial components of Atwater development in Petaling Jaya, the Group is optimistic that sales will gain traction in the second half of the year, which is expected to contribute positively to the Group's financial performance.

The Group's unbilled sales of RM1.4 billion as at 30 June 2024 will provide some visibility on the Group's cash flow in the near term. However, the pace at which this can be converted into billings would depend largely on the construction progress of projects. As at 30 June 2024, the Group's undeveloped land stood at 416.9 acres.

The favourable outlook of the Malaysian economy coupled with the catalytic initiatives taken by the government to spur investments are conducive for the property market. Nevertheless, the implementation of subsidy rationalisation could further weigh on consumer spending and thus the performance of the Malaysian property sector.

The Malaysian economy advanced by 5.9% in the second quarter of 2024 (1Q 2024: 4.2%). The growth is driven by stronger domestic demand and further expansion in exports. Household spending increased amid sustained positive labour market conditions and larger policy support.

Growth of the Malaysian economy in the second half of the year is expected to be driven mainly by firm expansions in investment activity and resilient household spending, with larger support from exports recovery. Investment activities will be supported by continued implementation of multi-year projects in both the private and public sectors and augmented by the implementation of catalytic initiatives under the national master plans, as well as the higher realisation of approved investments.

(Source: Quarterly Bulletin issued by Bank Negara Malaysia on the Economic, Monetary and Financial Developments in the Second Quarter of 2024)

The Group's PBT for 2Q2024 was 115% higher at RM36.6 million, compared to RM17.0 million recorded in the immediate preceding quarter, driven by the improvement in the property segment. The improvement was mainly due to higher work progress and sales achieved in the second quarter of 2024




Need to take note for Q3 result will include special dividend amounting rm 16 million received from Ecoworld International. Ashwood was launched in May and Atera Phase 2 was launched in Jun 2024. Unbilled sales amount to 1.4 billion as per 30 Jun 2024.

Paramount Q2 result earning 3.89 sen, dividend 3 sen.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478077

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229562&name=EA_FR_ATTACHMENTS

Mainland Chinese buyers are picky. They only look for those quality aged puer tea high on demand in China. They themselves are tea merchant in China.

Right now, China economy not that good. Those Mainland buyers not coming to look for tea for time being. Just keep the tea a bit longer to wait for tea market to recover. As quality improves over time, same goes with its price. Not selling this year need not worry, for next year you may sell at a higher price.

Puer tea investment is not like investment in stock market. You must know your tea well and what is its current market value. How to dispose is not much a problem. It is easier than selling your house.

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Ask kcchongnz

Blog: Retirement plan ... in progress

Sep 18, 2016 12:09 PM | Report Abuse

https://www.youtube.com/watch?v=JccSH9-VnLY
https://www.youtube.com/watch?v=CChQbpNcC64
https://www.youtube.com/watch?v=on8r-YCM3Fg

Why still want to make more money than necessary?
Treat market as pass time.
Get some thrill, not sleepless night whenever DJ down by 300 points.
買股是為了增加生活情趣, 不是終日提心吊胆

君子爱财，取之有道，该当你老子的，自然当仁不让。不要不义之财。

Now is more than a million ringgit for medical course.

Posted by Sslee > Aug 27, 2024 6:50 PM | Report Abuse

Know how much it cost to become a doctor?



About 20 years ago, I spent 350k for my son's Accounting and Finance degree in LSE, spent another 800k for my daughter's MBBS in University of Edinburgh.

Posted by Sslee > Aug 27, 2024 7:00 PM | Report Abuse

My sincere advise, please sell your 2 tons (66 boxes) puer tea and use the money on yourself or with your wife to tour the world.



No need to worry. I have too much cash in FD and dividend from stocks already more than enough to live comfortably.

Every year I will spend a couple of months with my grand children in UK.

Yes. I have invested big in Crescendo, that will give me profit up to 300% right now.

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Posted by Sslee > Aug 27, 2024 6:54 PM | Report Abuse

Still got people believe in mainland China fairly tales?



Seeing is believing. Who can dream of puer tea investment if is not guided (mentor) and peers' influence?

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I need not brag about my son and his wife occupation. They are both C-Level management.

My son and his wife own 10 condominiums in KL (Mont Kiara) and PJ. One for own dwelling, 9 for rental income. Each condo rental income net of management fees amount to 4k.

Yes. I do have few houses. Recently sold one for slightly more than a million ringgit.

My achievement is not done overnight. It took me 40 years of hard work to be what I am today.

What other type of investment can give you that kind of ROI at 26% consistently over next 30 years?
Surely you must do your homework with all your heart and all your soul.
Fail to plan is plan to fail.
Learn what ever skill to make you live.
Always remember, KNOWLEDGE IS POWER.

From Land?
If you are damn lucky to buy agriculture land cheap, and government suddenly decided to build one highway cutting through your land just like Bandar Cemerlang of Crescendo, where 50 sen psq agriculture land become 60 ringgit psf development land.

From Property?
Generally give you up to 7% per year for long term (say 30 years) unless you were so lucky to have bought houses in Bangsar 30 years ago.

From share market?
I doubt you can achieve that as market is full of surprises with market full of uncertainty.

All will materialise at 26% compounded growth.
Can you be so consistent making 26% every year?
Surely it is on whole of your capital, not individual stock.

10年10倍
20年100倍

Yes. I have invested in Puer tea since 2003. Still keeping 2 tons (66 boxes) worth 7 million ringgit at today's market price. Early years puer tea appreciated by about 30% per year, with 21 years, it has appreciated 100 times.

Kacang lupa kulit! Very shameful.

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