The recent quarter results of all steel stocks released are very good, all steel stocks should perform very well.
LeonFB is trading at a projected PER of 3 times which is not a fair one. Likewise, Choobee and Prestar.
However, the share prices of steel stocks just cannot perform despite very good quarter result released because the market sentiment in KLSE is very bad. Sad to say that KLSE is the worst stock market in the world, there are few buyers to invest in this stock market due to unstable and fragile government.
Covid-19 pandemic in Malaysia is also the worst in the world, most of investors are worried on Covid-19 pandemic and MCO situation in Malaysia.

There are many good steel stocks listed in KLSE, there is no demand on steel stocks. Unlike HKSE and SSE, the steel stocks are starting to perform well and recent record profit reported will push up the share prices of steel stocks listed there.
Only god knows when KLSE will perform well again, need a lot of waiting time and patience.
I feel very disappointed on KLSE, hopeless market in the world.
Thank you.

Dear milosh,

No problem, go ahead.
Thank you.

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Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by zestyy90 > Jun 13, 2021 11:48 AM | Report Abuse

nope. ppl like kyy and otb only push when they want to dump.
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Talk is easy, please show proof that I am dumping.
You buy and do not buy is none of my business.
Please note that I do not post my recommendation in I3.
Please leave my name outside.
Please talk with facts and figures.
Show me the proof again !!

I did very well in my share investment in KLSE.
Thank you.

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Q1 2021 results.
Record high revenue and record high PAT.
PAT = 36.1 M
EPS = 11.65 cents.

Should you sell LeonFB ?

Do not waste time with rr88 who does not even have 1,210 to pick up 1,000 shares of LeonFB for one day.
He did not know the fundamental of LeonFB and simply make sell call remarks.
rr88 never has money to pick up any share in KLSE.
I will continue to embarrass him as long as he posts his article in I3 without facts and figures.

He can bullshit that he picked up 67,000 shares on Serbadk and make profit on Serbadk, but he erased the information later.
I am not interested to know Serbadk because it is not a good fundamental stock.

Check his record, he boasted that he stayed in 8 million dollar bungalow house and drive 300,000 car and has expensive dinner in the hotel frequently.

Someone posted in I3, rr88 stays in low cost house and use public bus as his transportation vehicle. I happen to read this information and I save this information in my file.

I really cannot stand this person, I break my rule again.
Thank you.

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Dear Philip,

Thank you for your reply.
I appreciate it.
Ooi

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Pchem released a record PAT of 1.461 billion in Q 1 2021 result.
EPS in this quarter is 18.00 cents. The share price of Pchem closed at 8.17 yesterday.

Lctitan released a record PAT of 440 million in Q 1 2021 result.
EPS in this quarter is 19.36 cents. The share price of Lctitan closed at 3.09 yesterday.

Should you sell Lctitan ?

Do not waste time with someone who does not even have 3,090 to pick up 1,000 shares of Lctitan for one day.

Check his record, he boasted that he stayed in 8 million dollar bungalow house and drive 300,000 car and has expensive dinner in the hotel frequently.

Someone emails to me, this person stays in low cost house and use public bus as his transportation vehicle.
This person posted this information in I3, I happen to read it.

I really cannot stand this person, I break my rule again.
Thank you.

Posted by pjseow > May 27, 2021 12:53 PM | Report Abuse

invest malaysia , I am not a gambler but investor . You cannot measure success within a few weeks or a few months . Share price go up and down is normal . Quoted from Benjamin Graham " In the short run ,the market is a voting machine , In the long run , it is a weighing machine / I just sold off my Jaks which I invested for 2 years and make 56 % gain . Jaks also went through the up and down but I got the patience mah .Finally , I still got fairly good return . My MFCB has also gave me very good return after invested for a few years . Still keeping it . They meet my target of 18 % CAGR .
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pjseow, DK66 and me were attacked by naysayers in Jaks forum very frequently in 2019 and 2020.
Please note that pjseow is my subscriber.
We still make money on jaks.
Thank you.

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Thank you for your concern when the stock market in KLSE is bearish.
Please note that there is no sure win in the stock market.

I did not recommend Supermx at a high price, I recommend to buy Supermx around 4.40 for a rebound play.
We sold some around 6.00 and buy back again above 5.00 is a mistake.
We can afford to lose back some of our profit in Supermx since we made big gain in Supermx in 2020.
FYI, we made millions in Supermx in 2020.
I had helped to make > 50 of my subscribers become millionaires in 2020.

As for Jaks, I did not recommend to my subscribers in 2021.
I recommended a buy in 2020 before right issues and free warrants.
We are still in profit after right issues and free warrants.
You can check my posting in Jaks forum.
I told all my subscribers to sell all mother shares and keep Jaks-WC only.
As far as I am concerned, I am still in big profit after I sold all my Jaks shares.
I feel very disappointed with this stock.
Thank you.

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I had avoided posting my article in I3 for a very long time.
Still want to attack me when stock market is down.
No point.
Please be gentleman and this way I will respect you more.

I have invested in stock market for the last 30 years, I know my performance very well.
I still able to gain a lot of wealth from stock market already proved my capability.
Thank you.

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Jaks had secured many good deals in the lifetime, the share price still cannot perform, it is the management to be blamed.

1. Secured a power plant contract in Vietnam, the China firm will construct the power plant for Jaks. On top of it, 450 million profit is given to Jaks without any hard work from Jaks.

2. The power plant will give RM 150 to 200 million profit for the next 25 years.

3. Pacific Star project - > 200 million properties will be given to Jaks if Jaks can deliver the project in time.

4. Jaks secured a project of NKVE, still cannot make money in this project.

Nothing much to say if Jaks still cannot make good profit after looking at these projects.
I am very disappointed.
Thank you.

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Yes. The technical chart is "Cup and Handle chart" provided the share price cannot drop back below 0.74.
Thank you.

JPM shorting Topglov in big quantity is not a fair game for all retailed investors.
Retailed investors do not have big fund like JPM to counter.
Hence we should support Topglov even the share price cannot go up.
I buy because I will give morale support.
I do not mind to lose some money because I can afford to lose it.
Thank you.

I will buy to support.
If everyone buy Topglov and hold, the share price will go up.
Once the share price goes up to a position that all shortlists are losing money in a big way, then they will cover back the short position.
Once this scenario happens, the share price will skyrocket up the roof.
I want to see this scenario to happen.
Thank you.

If everyone buy Topglov and hold, the share price will go up.
Once the share price goes up to a position that all shortlists are losing money in a big way, then they will cover back the short position.
Once this scenario happens, the share price will skyrocket up the roof. I want to see this scenario to happen.
Thank you.

There is no right or wrong in stock market.
It is your strategy that count.
What you think the future earning going to be.
I just express my opinion only, not necessary I am right.
I do not agree that Unisem is trading at a PER of 120.
My 2 cents comment only.
Thank you.

JPM recommended the target price of Tesla is USD 90 only.
The share price of Tesla closed at USD 880 today.
Unisem is definitely not trading at a PER of 120.
You should know how to calculate PER yourself.
It is future earning that count, not past earning.
Thank you.

The power plant of Toyoink in Vietnam is no where in sight.
The share price of Toyoink closed at 3.28 on 22/1/2021.
COD of both units of the power plant of Jaks in Vietnam is completed on 24/1/2021.
Is the share price of Jaks at 0.675 fair ?
You should know the right answer.
Thank you.

The power plant of Toyoink in Vietnam is no where in sight.
The share price of Toyoink closed at 3.28 on 22/1/2021.
COD of both units of the power plant of Jaks in Vietnam is completed on 24/1/2021.
Is the share price of Jaks at 0.675 fair ?
You should know the right answer.
Thank you.

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The performance in stock market is not measured by 1 year or 2 years. You must at least continue to make profit year after year irrespective whether KLSE is bearish or bullish. If KLSE is bullish, you should make more. If KLSE is very bearish, at least you do not lose big money.

I am very happy to hear someone made a lot of money in stock market, I hope he can preserve his gain for next few years. Making a lot of money and lose back later is not a good record.

Please keep track your records and show me after a few years. If the records show that the gain can be kept without losing back to the market, then you can be considered as a good investor.
Good luck.
Thank you.

I did not recommend Unisem to Mr Koon, please do not spread fake news.
Thank you.

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The retail investors do not have this type of financial strength to challenge JPM.
Shorting by JPM is not very fair play in KLSE.
My 2 cents comment.
Thank you.