As you know, I have posted a few articles to recommend buy on Carimin and many people thanked me for giving them Aug Pow for the Chinese New Year.

Please be informed that I have sold all my Carimin shares to buy Dayang.
Koon Yew Yin

The time is 11.25 am and Dayang has gone up 9 sen with 28 million shares changed hands. I know many shareholders sold yesterday to take profit because they expect to buy back at cheaper prices. They are disappointed because the price keeps rising.

Many of them will not admit their mistake to buy back at higher prices. Soon they will regret when they read my article in which I mentioned that my target price of Rm 3 is easily achievable. Koon Yew Yin

Like pang72, I also like to learn from Dcmh how to make money by short selling Dayang when it went up 18 sen last Friday and another up 18 today. Dcmh must have lost a lot of money.
Koon Yew Yin

Dcmh is a big boaster cock. He has been telling people not to buy Dayang because it is not good for a long time. He has no shares to sell. Unless he sell short. He can only make money if its price drops. I believe Dcmh will lose his pants.
Koon Yew YIn

Dcmh is barking like a mad dog, discouraging readers from buying Dayang. Obviously, no one believes him. That is why the price continues to shoot higher and higher. Of course many expect the price to correct because it went up 18 sen or 18% on last Friday. As I am writing this, 46 million shares changed hands after 1.35 hours of trading with a gain of 11 sen per share.

I posted my 1st article on Dayang a few weeks ago, it was selling at 60 sen per share. That can only mean many readers excluding Dcmh believe me and they are laughing to the Bank.

This is my last comment of DCMH. I don't want to waste my time on this idiot.
Koon Yew Yin

Tan KW, I must thank you for taking a video of my talk at i3investor bloggers seminar yesterday and posted the link. I appreciate your constant support.
Koon Yew Yin

Dcmh continues to criticise Dayang. His last comment is that Dayang does not give out any dividend. He does not know that among all the criteria such as dividend yield, NTA, cash flow, health account with cash in fixed deposit etc profit growth prospect is the most powerful catalyst to move the share price. That is why he does not own any Dayang share.

Please show us the share that he owns and how much dividend yield he is getting. Did you attend my talk yesterday at the i3investor bloggers day?
Koon Yew Yin

Posted by Dcmh > Mar 1, 2019 07:52 AM | Report Abuse

Ijm current directors all hate kyy

Dcmh must be a big idiot to say that IJM current directors hate me. When I was on the board, Krishan Tan was only an accountant and we appointed him as CEO. Under his leadership, IJM grew speedily to become one of the leading conglomerates. As a result, he was awarded a Tan Sri. I was offered a Dato Sri but I declined the offer. You can verify this if you call Krishnan 0123327614.

You all must know that Dayang is flying with no more head wing ahead. I cannot be selling and Dcmh has no money to buy to push up the price.
Koon Yew Yin

Dcmh and upshare, you said that I post my articles on Dayang to push up prices so that I can sell. I wish to prove to you and all readers that is not true. I was a co-founder director of Mudajaya, Gamuda and IJM Corporation. I am quite wealthy and I don't need to use my investment skill to cheat.

The following is a computer notice of my purchase of 600,000 shares. I dare to buy even when I know that KWAP was selling aggressively.

hlebroking@hlib.hongleong.com.my 4:31 AM (34 minutes ago) to me

Client code / name : 000281605 281605 Contract No Contract Dt Stock Code Price Quantity Amount Remisier
B902PG04864400 26/02/2019 DAYANG 1.0033 600000 603966.54 RNE

Koon Yew Yin

Dcmh & upshare must be idiots to say that I am selling after I posted my article to push up the price. You small little idiots holding only a few shares will not make any difference whether you buy or sell because the daily volume traded is tens of millions. You don't seem to understand all the articles I posted regarding Dayang.

I have been buying every day including today and you can verify by ringing my broker Dato Ng Eng Hock or Ms Yau of HLIB Ipoh, tel 05 2559110.

You can also ring Mr Ooi Teik Bee tel 011-12813880, to verify that I bought some Dayang today.

Koon Yew Yin

KWAP has been selling Dayang aggressively and many shareholders also follow to sell. Despite this aggressive selling, the price is still going up steadily. My purpose of posting my article "Dayang's flight is delayed by KWAP" is to teach investors to understand human behaviour. It is hard to understand why KWAP also places such a huge volume to sell. A clever way to sell is to place less than the number in the queue to buy.

I still see a few idiots saying that when I post my buy recommendation, I want to sell. In this case, they must realise whether they buy or sell does not make any difference because the daily traded volume is tens of million shares.

Koon Yew Yin

A few people including BatuHitam who posted his article “Exposing KYY’s nonsense” on i3investor. They are angry because they must have bought it when the price has already gone up a lot. They are so stupid to buy at its peak and they blame for misleading them.

Fortunately, many of my smart followers who have bought it earlier were thanking me for giving them ANG POW for the Chinese New Year as you can see their comments from i3investor.

BatuHitam must not forget this expensive lesson. The price has gone up from 28 sen to 93 sen within 3 months. Why should these stupid idiots buy at the peak price?
Koon Yew Yin

As I said many a time before, no share can continuously go up for whatever reasons. After some time it must correct. In the case of Dayang it shot up 22.5 sen or about 28% from 79.5 to Rm 1.02 yesterday and it dropped 6 sen today. Many day traders must have sold to take profit and Kwap would have taken the opportunity to sell because they even sold at 50 sen before.

Based on its recently reported profit, it is still very cheap and I can not find a better share with such a good profit growth prospect, selling PE below 10.

I am writing this comment to help you think logically like a serious investor. Whether you buy or sell, it will not make any difference because the daily volume is a few tens of millions.
Koon Yew Yin

When I posted my article "Dayang will fly on Monday" there were many Doubting Thomas. Fortunately, Dayang shot up from 79.5 sen to close at Rm 1.02, an increase of 22.5 sen or 28%. At the close there 2.2 million queuing to buy at Rm 1.02 and 300 queuing to sell at Rm 1.03. Total 152 million shares changed hands. As I said, my intention to promote Dayang is honourable. Whether you bought or sold it could not make any difference because the volume traded was so huge.

Based on these figures, it is most likely Dayang will continue to go higher tomorrow. Good luck
Koon Yew Yin

Windy and pussycats, you are telling everybody quote " i just don't want potential investors to get con by KYY because i think this old man has become a ruthless syndicate con man after he lost his fortune in JAKS. KYY needs volume in Dayang shares in order for him to liquidate his position and exit with a profit". What you are saying is not to buy Dayang so that I cannot sell my holdings so easily.

You must be joking. Open your eyes to see the daily volume exceeds 30 million shares. If I want to sell, I don't need you or your followers to buy it tomorrow. I will be buying tomorrow. If you do not believe me, you can call my remisier Dato Ng Eng Hock or Ms Yau of Hong Leong Investment, Ipoh tel 05-2559110.

I might have lost a lot of money by buying too many Jaks with margin finance, but with my investment skill, I am confident to make back some of my losses. Carimin and Dayang are my major holdings and my average cost per share is much lower than their current prices.

All readers must read my article " Fundamental Stock Selection Criteria" which I have just sent for posting on i3investor. You can read it on my blog: koonyewyin.com.
Koon Yew Yin

Many people pointed out Dayang's account is very bad and they do not believe its price will drop on Monday instead of shooting up as I believe.

Among all the criteria such as NTA, cash flow, debt or cash in bank deposit etc the most powerful criterion that move share price is earning growth prospect. My golden rule for selection is the company must report increasing profit in the last 2 or 3 quarters. Otherwise, I will not buy it. For example, share prices of many cash-rich property companies will remain depressed because they do not profit growth prospect.
Remember, cash-rich companies will not give simply their cash to shareholders.
All investors must read this to know what is the most important criteria to consider. In fact, investors must know that cash-rich company means the management does know how to use its cash to do more business. Efficient companies always have some bank borrowings.
Koon Yew Yin

Please open your eyes to see that its 1st quarter EPS 6,30 sen and 2nd quarter EPS was 3.15 sen. Although I posted an article to promote it before, I sold all my shares as soon as I found Carimin and Dayang. I will not buy back until it can show an increasing profit. I must say it is a good company with great potential.
Koon Yew Yin

Dato Nik,
I refer to my last comment which is "Hibiscus announced its 2nd quarter EPS 3.15 sen yesterday and many so-called experts said that its profit is more than 4 time its corresponding profit last year. You must remember its 1st EPS was 6.3 sen. Why is it showing reducing profit?

Since it does not comply with my share selection golden rule, I will not buy it now.

Fortunately, I sold all my shares a few months ago when I discovered Carimin and Dayang."

I make a mistake to say that I sold a few months ago. I sold my shares as soon as I discovered Carimin and Dayang. I have no intention to mislead anybody. In any case, the daily volume is so large that whether you buy or sell, it will not affect the share price.

The price chart shows it has been flat for quite some time. Its 1st quarter profit was Rm 100 million and 2nd quarter was Rm 50 million.

I am not telling you to buy or sell.
Koon Yew Yin

Hibiscus announced its 2nd quarter EPS 3.15 sen yesterday and many so-called experts said that its profit is more than 4 time its corresponding profit last year. You must remember its 1st EPS was 6.3 sen. Why is it showing reducing profit?

Since it does not comply with my share selection golden rule, I will not buy it now.

Fortunately, I sold all my shares a few months ago when I discovered Carimin and Dayang.
Koon Yew Yin

Carimin's 1st quarter EPS was 5.01 sen and its 2nd quarter result will be announced before the end of February. Due to the North East monsoon raining season, the company might complete less maintenance contract work. As a result, it is likely to report less profit. Clever Shareholders should be able to foresee this happening.
Koon Yew Yin

Just based on the huge daily traded volume and price corrections were so mild, many people already knew the next quarter result which will be announced before the end of the month. It looks like the next quarter result is the same or better than the 1st quarter. That means 10 EPS for half year and 20 sen for the full year. For a cash-rich company, it should sell at least P/E 10.

You must remember, many people were involved in the account preparation and they would have told their cronies to buy.

Koon Yew Yin

All investors must remember that it is not the failure that holds you back; it is the fear of failure that paralyzes you. From my experience, after I lost Rm 64 million in buying too many shares with margin finance, I was not afraid to buy Carimin as soon as I saw its 1st quarter EPS of 5.01 sen when the price was about 30 sen.

Even when I saw the directors and substantial shareholders were selling, I was not afraid to continue buying Carimin. Fortunately, the price is going higher and higher. I hope readers will take note of what just wrote.
Koon Yew Yin

I do not regret selling all my shares in Jaks with a huge loss. My mistake was that I bought too many shares with margin finance because I expected the company to make a lot of profit every year for 25 years after the completion of the 1,200 MW coal power plant in Hanoi, Vietnam.

But I overlooked the company's huge borrowing for its property development business. Until it can sell some of its properties, the company will continue to report losses due to interest charges for the Bank loan which you can see from the last quarter result announcement. I can foresee the company will continue to report losses for the next 10 or more quarters until the company can sell some of its properties. Remember, it will sooner or later have to report the Rm 25 million loss for the late completion of the Star development project.

What will the shareholders do when they see the company report losses before the end of this month?

From my previous experience in building coal-fired power plants, it takes about 1 year for testing and commissioning before the plant can achieve its full working efficiency.

My sole purpose of writing this is to help investors think logically. As I do not have any more shares, whether you buy or sell I am not concerned. Koon Yew Yin

Fortunately, I was forced to sell some of my shares when the price dropped from Rm 1.83 to Rm 1.30 on 22 July last year as I reported. The more I was forced to sell, the more the price would drop- thus creating more forced sell. Forced selling is a vicious cycle. Luckily, I sold all my shares.
I can only pity all the people who are still holding their shares. You have to open your eyes to see the latest announcement. The top management awarded themselves with free shares.

I notice commentator qqq3 comments most frequently. He must be a big shareholder of Jaks. Good luck to all the shareholders.

I must say, God works in a mysterious way in directing me to look at Carimin's 1st quarter announcement 5.01 sen per share at end of November last year when the price was about 30 sen. Immediately started to buy with all my available funds. I even sold 2 pieces of land fronting the Meru Golf course to buy more Carimin share. In the last few trading days, an average of about 15 million shares changed hands. It shows that many institutional investors were buying so aggressively as if there is no more tomorrow. It shot up so rapidly. It went up more than 100% within 2 months. The last traded price was 72 sen,
Koon Yew Yin

As you know, I have posted my buy recommendation. My senseless critics always said to sell when I call to buy. Now they are leaking their wounds. Those who believed me are laughing to the bank.
Koon Yew Yin

After my posting about i3investor commentators "Unfortunately, most of the commentators hiding behind some fancy names abuse the system and misuse the forum. They often write some senseless comments and use the platform like an amusement or entertainment centre. They looked like stupid idiots", I am pleasantly surprised to read all the above commentaries. They do not write senseless rubbish any more.

As you can see the price of Carimin started to shoot on 30 Nov 2018 when the 1st quarter eps of 5.01 sen was announced. Since then it has gone up more than 100%. As a result, everyone is making some profit. Those who sold earlier are regretting to see the price continues to go higher and higher.

Many people who have bought Carimin after they saw my article which I posted on 6 Jan 2019, asked me when should they sell to take profit. As I said many a time, no share can go up or fall continuously for whatever reason. After some time, the price will correct. If it is a good share like Carimin which has good profit growth prospect, its price will continue to climb after correction.

If you want to know more about Carimin, you can read my article on my blog.

Best wishes, Koon Yew Yin

As you know, the share price is at the record low. All shareholders including ks55 and cpng must have bought the share at higher prices and would have lost money if they sold at this price level. I think they have not sold their holdings because they are still making comments in this forum.

Since all shareholders are losing money, it is better for us to sympathise with one another. We should write some recommendations to encourage investors to buy to support or push up the price. In any case, it is safe to keep the shares because it is most unlikely that it will drop further to make another new record low.

I assure you that I am not so desperate to sell at this price level. In fact, it has gained 4.5 sen or 9% in the last 3 trading days. It looks like the price is at the pivoting point moving from downtrend to uptrend which is the best time to buy. Koon Yew Yin

In the last 3 trading days, Sendai has gone up 2 sen, 2 sen and 1.5 sen respectively. I still have about 72 million shares X 5.5 sen = Rm 3.96 million. I have gained about Rm 4 million in the last 3 days.
From the comments by cpng and k55, it looks like they have sold their shares.
Looking at the price movement, it looks like 50 sen is the rock-bottom price and it is changing from downtrend to uptrend. This pivoting point is the best time to buy. It is likely the price will continue to move up. Koon Yew Yin

My announcement that I sold 2.522 million Eversendai shares has misled many investors. I was forced to sell to meet a margin call. Since it has gone up in the last 2 consecutive days, I do not have any more margin call. That was why there was more buyer than sellers.

The original reasons for me to buy so many shares have not changed. In fact, the company has announced that it has secured a lot of steel construction contracts in India which is playing catch up to follow China. It is a fantastic Malaysian listed company to be able to expand to so many overseas countries with annual revenues of about Rm 1.7 billion, about 5.5 times its market capitalisation.

If you look at its price chart you can sell it was Rm 1.38 in July 2017. Since then, it has been dropping to its rock bottom of 50 sen 2 days ago. It has been going up in the last 2 days to close at 54 sen per share. I believe it will continue to go higher and higher.

The best time to buy is at the pivoting point from downtrend to an uptrend.

By the way, I am ashamed to admit my mistake in buying so many Jaks shares using margin finance. As a result, I lost Rm 64 million. I believe I will be able to make back some money with my investment skill.
Koon Yew Yin

I have openly stated that I have already sold all my Jaks shares and my rights to buy the warrants and admitted my Rm 64 million mistake. I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money.

Just like the last quarter, it reported losses due to interest charges, it is most likely continue to report losses due to interest charges for the huge bank borrowings.

Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.

Profit growth prospect is the most powerful catalyst to move share prices.
Koon Yew Yin

JAKS-My Most Expensive Mistake
Koon Yew Yin 8 Dec 2018
I have been looking at the price chart of Jaks and when I saw the price began to move upwards in January 2017, I started buying at about Rm 1.10 per share. I was so excited when I read the following announcements by Jaks:
1 On 22 March 2018 placed out 50.7 million shares at Rm 1.39 per share and on 16 March 2017, 43.9 million shares at about Rm 1.40 per share.
2 On 13 June 2018 Ang Lam Poah, the CEO bought 50,000 shares, on 12 June 2018 bought 200,000 shares and on 8 June 2018 bought 550,000 shares from the open market at about Rm 1.40 per share.
The main objective for buying so many shares by the CEO Mr Ang Lam Poah and all the institutional buyers of the placement shares must be Jaks’ JV with the Chinese companies to construct the 1,200 MW power plant to sell electricity to the Vietnamese Government. The 3 Chinese National Banks must have studied the power purchase agreement before they were prepared to finance Rm 7.76 billion for the project.
During the construction, the Chinese pay Rm 454 million to Jaks and this sum of money is to be used as capital for owning 30% of the Joint venture. Moreover, the Chinese would undertake the construction of the power plant.
It is like the Chinese Banks is giving a profit guarantee to all the Jaks shareholders every year for 25 years when the JV sell electricity to the Vietnamese Government.
Based on the above, the share price should go above the share placement price of Rm 1.40 when the 1,200 MW power plant is completed in 2020.
My wife started to accumulate more shares and we finally bought a total of about 160 million shares with margin financing. We bought too many shares with margin finance. Our average price should be about Rm 1.20 per share.
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.
In fact, forced selling was a blessing in disguise for us.
We had to sell to meet margin calls. The more we sold the more the price would drop. Forced selling is a vicious cycle.
We were fortunate introspectively to have sold a huge amount of our holdings at higher prices in comparison with the current price of 50 sen per share. We have completely sold all our holdings.
Based on our average selling price of 80 sen, our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me.
This is my most expensive lesson in my life.

I believe I can make back some money using my golden rule for selecting shares- the company must report an increased profit for 2 consecutive quarters.
Sad to say that Jaks does not comply with my golden rule anymore because it has too much borrowings to finance its properties during the current depressed market. Jaks will continue to report losses in the next 2 or 3 years until the completion of the power plant.

Life has many challenges, don’t give up because life also has many solutions.
The sun is a daily reminder that we too can rise again from the darkness.

Fortunately, I have been selling at higher prices for quite some time to meet my margin call. I must admit my mistake in buying too much Jaks using margin loan.

There must be a lot of shareholders of Jaks who are being forced to sell to meet margin calls. The more they sell the more the price would drop. Forced selling is a vicious cycle.

You can use margin loan to buy more shares. You will make a lot more profit when the share price is going up. But you will lose more money when the price is dropping. Margin loan is double edge sword. It cut both sides.

Most investors cannot control their emotion. They are egoistic and greedy. When their shareholdings are going up, they would not sell and like to boast to all their friends that they are so clever to have bought them at much lower prices. The biggest problem that most shareholders have is greed and refuse to sell early to take profit. Profit seems like a dirty word. While the price is going higher, they continue to boast.
A few days ago the total volume for Jaks shares changed hands was nearly 130 million shares and I sold about 20 million shares. Besides my selling, there must be a lot of people also selling. Who would sell at this unrealistic price?

Almost all the people who sold the 110 million shares are commentators on this forum. I pity those poor guys who cannot afford to lose money. I trust they can learn the following lessons:

1 Develop the ability to control your emotion.

2 Do not borrow too much to buy shares.

3 Eat a humble pie to cut loss. Many investors cannot would sell to cut loss.

4 When the price starts to drop, you must also start to sell.

5 Life is full of challenges, but don’t give up because life is also full of solutions.

6 Everything you ever wanted is on the opposite of fear.

7 Life has 2 rules. Rule 1 never give up and rule 2 remember rule 1.

Yes, a few weeks ago, I was forced to sell to meet a margin call. Now I don't have to sell because the price has gone up. In fact, tomorrow I may have some buying facility to buy back at a cheaper price than the price I sold. I learned a good lesson- do not use all the margin facility in case the price drops too rapidly.
Koon Yew Yin

You can make 40% profit within 18 months
You can see from Jaks’ announcements that the company had made share placement twice recently. On 22 March 2018, 50.7 million shares at Rm 1.39 per share and on 16 March 2017, 43.9 million shares at about Rm 1.40 per share.
You can also see Jaks’ company announcements that on 13 June 2018 Ang Lam Poah, the CEO bought 50,000 shares, on 12 June 2018 bought 200,000 shares and on 8 June 2018 bought 550,000 shares from the open market.
My wife and I have also been buying a lot of Jaks.
All these big buyers know about the company’s 30% profit every year for 25 years from the JV with the Chinese companies in selling electricity to the Vietnamese Government.
Based on the above, the share price should not drop below Rm 1.40 per share when the 1,200 MW power plant is completed in about 18months from now.
The last traded price was Rm 1.05 and if you buy at this price level, you should be able to make at least 40% within 2 years.
If you look at the price chart it has bottomed out and it has been going up in the last 5 trading days, indicating a trend reversal.

Can you think of a better way to make 40% profit in 18 months?
Koon Yew Yin

I have posted 3 articles of BUY recommendation recently and I have stated that my wife and I have started buying at 70 per share. Within a few days to price shot to above Rm 1.20. But it came down to about 90 sen also quite rapidly and many people commented that I wanted them to buy so that I can sell. I am not so dishonest.

What is so puzzling is the huge daily volume changed hands. Who are buying and selling? I have not seen a similar situation before. However, based on the last trading day transaction, its price went up by 10 sen with 42.7 million shares changed hands, there must be big funds buying. The aggressive buying indicated that they cannot wait and most likely they will continue to buy. But, they may slow down buying to allow the price to correct. I am sure, many day traders will sell. As a result, the price will fall a little. This may frighten many weak hearted investors. Serious investors should take advantage of this buying opportunity.

I am obliged to tell you that my wife and I have 30 million shares and I am not recommending you to buy or sell. I am just stating my opinion.
Koon Yew Yin

How human behaviour affects investment decision making?

To be able to become a super investor we must be able to control our emotion of fear and greed.

Basic emotional responses and mental biases can influence the way we invest. Emotions and mental biases can get in the way of rational decision-making. Behavioral investing suggests reasons why some of our actions might be counterproductive to our goals.

Avoid the potential pitfalls we must stick to a long-term plan. Investors tend to make irrational decisions because of the following 3 concepts:

Loss Aversion

With loss aversion, the pain of losses is more powerful than the pleasure of gains. This aversion to loss can contribute to panicked selling when the market drops or to the adoption of an overly conservative investment strategy to avoid short-term market fluctuations. These decisions may result in a portfolio that does not keep track of investment fundamentals.

Recency Bias

Investors tend to place greater weight on what they have experienced most recently, using it as a guideline for what might happen next. Known as recency bias, this theory may help explain why millennials who came of age soon after the financial crisis have steered clear of stocks as they have started investing—even though they have exceptionally long- time horizons when it comes to making more money.

Anchoring

The idea with anchoring is that once you are exposed to an initial fact or figure, you will continue to look back to that information as a reference point. Individuals influenced by anchoring tend to hold on to an investment that has lost value in hopes that the investment will go back up to the original purchase price, rather than focusing on fundamentals.

While there is a natural human tendency to react emotionally to market swings, investors are encouraged to stick with a consistent, long-term investment strategy. This strategy can include techniques such as portfolio rebalancing, tactical allocation adjustments, or systematic investing—approaches that take market conditions into account without derailing a long-term plan.

My advice: All the readers must check their track records. If they have not been doing well, they must change their thinking and their method of buying and selling.
Koon Yew Yin

I see most of the commentators have sold too early. They are regretting and leaking their wounds and they expect its price will drop on Monday.

Based on the yesterday trading, the price shot up from 92 sen to close at Rm 1.02, an increase of 10 sen with 42.7 million shares changed hands, I think it may have a small correction due to day traders who have to sell to take some profit.

There must be some big funds who can afford to buy 42.7 million shares so aggressively in one day. I believe it will continue to go higher. Koon Yew Yin

Most of the comments are senseless rubbish. Among the good ones, is the last one by Icon8888. Koon Yew Yin

After dropping in the last 4 months from Rm 1.54 to the current level, it looks like a trend reversal. As I said before, no share can go up or fall continuously for whatever reasons; sooner or later its trend must reverse. Of course, the best time to buy is yesterday at the pivoting point. But no one can be sure until it continues to climb higher for a few more days. To be able to make more money, investors must take some risk. In any case, the downside is very limited.

I must admit, I am partially responsible for the price to fall so rapidly. I know a few major shareholders were also forced to sell. You must bear in mind that when the price goes up higher, there will be no more forced selling and the price should continue to climb. I assure you that all my problem is resolved and I don't have to sell any more.

After having gone through a few bad experiences, I have learned that challenges are lifelong; don't give up because solutions are also lifelong. Koon Yew Yin

I cannot see any of my critics who had criticised me for misleading them of Lion Ind. Obviously, they have sold and are leaking their wounds. Their eyes must have popped out to see that today it shot up from 88.5 sen to close at Rm 1.01, an increase of 12.5 sen or 14%.

Some still said that I have pushed it up. I don't have so much money to buy. Just today the total volume transacted was 23.3 million shares transacted. My profit for today is 30,000,000 shares X 12.5 sen= Rm 3.75 million.

Sslee said that I misled him to sell all his Lion shares at a lost. If only he believed me and kept his holdings!!!

Koon Yew Yin

I often see qqq3 attacking Ooi Teik Bee. qqq3 to OTB is like Sslee to me. I am sure OTB also hates qqq3 as much as I hate Sslee.
Unless qqq3 and Sslee change their attitude, they will remain poor.

I strongly recommend them to read "How to win friends and influence people" by Dale Carnegie. Besides the Holy Bible, it has printed and re-printed the most copies in the world. Many years ago, when I was managing Mudajaya and IJM Corporation I always give out this book to all my staff. Koon Yew Yin

Dear Jonnykoh, After reading your article with so many details, I believe you must have benefitted from my writings. Moreover, you care to make the effort to defend me which shows that you are a clever man who can judge what is right and what is really wrong. I am particularly touched that you believe what I wrote about the future profit growth prospect of Lion Industries which is the most powerful catalyst to push up its share price.
But Sslee is still writing to tell readers not to believe what I said about Lion Industries. Time will prove who is right and who is wrong. I can foresee that in a few months, many of Sslee's followers will curse him for having misled them.

Koon Yew Yin

https://klse.i3investor.com/blogs/koonyewyinblog/172115.jsp
You should read this

Sslee I am still waiting to pay for all your losses if you can show proof that I have misled you. You just want to create publicity for yourself. Readers are not so stupid when they read your posting. In any case, I have decided not to post any more articles on share investing. You can see my last article "My Last Sermon on share investing" which should be posted soon.
Koon Yew Yin

If the writer of this open letter, Sslee cannot show any evidence that he lost money because I misled him, he is dishonest and just wants to create publicity for himself. I am willing to pay all his losses if he can prove with documents.
Koon Yew Yin

If the writer of this open letter, Sslee cannot show any evidence that he lost money because I misled him, he is dishonest and just wants to create publicity for himself. I am willing to pay all his losses if he can prove with documents.
Koon Yew Yin

Sslee wrote this open letter to disgrace me so that he can gain some publicity. On one hand, he claims that he is my friend and visited me. What kind of friend is he?

He claims that I have misled him to lose money. I am willing to compensate him for all his losses if he can provide proof with documents. He can meet Mr Ooi Teik Bee with proper documents to prove his losses. Mr Ooi's telephone contact is 011-12813880.
Koon Yew Yin

As soon as the new government was formed, Tun Mahathir said that all large contracts would be under review and almost all construction companies delayed their buying of building materials including steel. As a result, investors expect Lion Industries to report a lower profit in the 4th quarter which will be announced before the end of the month.

I also expect the price will fall when the company announces a lower profit. As you can see the price has gone up by 6 sen per share today. It means that buyers have already taken into consideration the anticipated bad news. Based on investment logic, I think the price will continue to go higher. I hope I am right. This is my opinion and I am not asking you to buy or sell.

I see a few critics are complaining that I have misled them to lose money and I also see many are happy to have sold and taken profit. Who is right? Koon Yew Yin

I expect Lion will report a lower profit before the end of August because most of the construction companies delayed in buying construction materials including steel as they are afraid the new Government would terminate some of their contracts.

As the result, the share price will drop. What will you do? I like to see your comments now before the result is announced.
Koon Yew Yin

The following is from Pussycats

why kyy cannot tell us when lionind is around 70-80cts? why must need to wait already up 100% then tell us?


Uncle KYY is a bottom fisher lah!

He bought in Hong Kong during market crash!

He bought Latitude at Rm1.00 and told all to chase at Rm7.00 to Rm8.00

KYY bought Hengyuan at Rm7 and told Sorchai to Sailang Hengyuan with Margin from Rm17.00 to Rm19.00 (Sold Hengyuan and made a Big Slaughter of Sorcahi & Sardines but gave excuse that Banks reduce margin loans)

He bought Jaks all the way from 50 sen? to Rm1.00 until his name emerged as Top 5% substantial holders (Start selling at Rm1.50 with cooked up excuse as margin calls)

So bought LionInd at 70 sen & come out to promote at Rm1.20 also a very clever move

My reply to pussycats is that even Lion is selling Rm 1.20 is not too late to buy because I expect it to increase to Rm 2, 3, 4 if it continues to make increasing profit. Remember Latitude went up from Rm 1.00 to above Rm 8 within 2.5 years. Lion was selling at 70 sen 6 weeks ago. If the market condition remains unchanged for 2.5 years, I believe many people will be rushing to buy when the price is Rm 2, 3, or 4.

Only time can tell whether I am honest and right to recommend you to buy Lion at Rm 1.20. You have to read Mr Ooi Teik Bee's recommendation on Lion Industries.

Koon Yew Yin