Clueless investors like Murali who are still holding hopeless type of shares, not willing to cut loss, are grumbling, groaning and mourning as if some has cut of his most precious part.
Hmmm....Koon Koon is really good...how does he know I am holding hopeless types of shares.....Is it any co besides VS, Latitude, Liihen n Xinquan are hopeless?
Mr. Koon: thanks for your another great write up. Only humble people can learn from great experienced people like you. Please keep on contributing write ups to i3 so that many rationale people here can learn from you. Thanks again.
Thanks Mr. Koon for a good & informative article. Sure appreciate u taking time off to write to keep us in the loop. As for bsngpg don't have to repeat yr comments twice. Am sure Mr. Koon would have read the first one. No hard feelings only an observation.
Murali, you are getting famous as you like to knock the head of famous investors or legend in Malaysia. By right Legendary Investors such as Koon and Boo, you must remember not to hit but to kowtow.
Legendary Koon advocates buy good companies in last 5 years can make tons of money and this is the true investor while Boo says holding cash "tight" in last 5 years just "sapuh" management and advisory fees is another kind of great investors. I am confused ,probably I need to seek munks help from temple.
Legendary Koon advocates buy good companies in last year (only when he is under the advice of OTB) can make tons of money...prior to that dont have to mention....or else old man may think u make sarcastic remarks on him
im all behind you Murali. as long as you are not contributing to part of his "noble intentions" then you will be labelled as "clueless". those who keep chasing after his "recommendation" will be labelled as "value investors" while somebody happily disposing them at high price and exit without a trace. in the end, few months later, just a simple APOLOGY note and truckload of bulls*** just like Jayatiasa and Mudajaya
This old man really hopeless, never learnt from kcchong, how come 80+ years still do not know higher earning fro bigger borrowing and lower profit margin is actually burning cash. What improvement you are talking about. I think your wealth is built on good karma of previous life not your excellent strategy
no worry different set of kung-fu, G Arnold kung-fu , different for A Damodaran, Greenblatt, Pat Dorsey, Seth Klarman..., Greenwald...., so no need compare...OK
Why so many people like to attack Mr. Koon and my sifu OTB. Honestly, I learn a lot from them in term of managing emotion and look at thing at macro and micro level. I think what they said is quite an advice to young investor like us.
So how much JTiasa now? 1.49. So how to become super investor? All who follow koon can spend another 135.00 and listen to him again.
The price has been depressed for more than a year, since the bonus issue of 2 for every one share held. A few long term investors bought 15% of the total issued shares at Rm 7.90 per share before the bonus issue which is equivalent to Rm 2.63 per share. The closing price on 31st Oct was Rm 2,13.
I am obliged to tell you that Jaya Tiasa is my major investment and I am not asking you to buy it.
before i read the article...I know Mr Koon will talk what...EPS, Grow prospect...but some good stocks if not play by syndicate, it won't go up & it won't able well support. Latitude, Lii Hen and VS Industry is play by Mr Koon & of course Mr Koon partnes players, & I assume Mr Koon also well connected to the bosses, Mr Koon can get first hand information before it reach to the public. We all know stock if not play by a group of syndicate, it will stagnant even it below fair value. The point here is...even we know EPS...but we only have 50% chance to forecast correctly the GROW prospect. This data, u need well connected to the bosses...they know where their company leading...
Posted by Koon Yew Yin > Mar 2, 2014 06:41 PM | Report Abuse
Johnny, I have just sent another piece for posting. It is a lesson based on my experience which should be useful to all investors. I do not pick stocks based on P/E and NTA. http://klse.i3investor.com/servlets/forum/600047525.jsp
Posted by Koon Yew Yin > Mar 5, 2014 11:44 AM | Report Abuse
alphabeta, As I said I am a businessman, I do know how to calculate all those figures which worry you as a professional accountant or fund manager. All I know is that the consortium of banks must make sure that the whole business of selling electricity to the Indian Government for 25 years must be profitable to Mudajaya and his partners. Otherwise every body including the banks will go bankrupt and all the Indian people will suffer without electricity. I will also lose my pants by owning so much of Mudajaya and all the poor students who expects to receive my scholarships will also suffer.
I did not bother to ask why Ng Ying Loong sold some Mudajaya shares because the amount he sold is so small. He owns 24.49% of the total issued shares of 543.2 million. He probably needs money to buy a new Mercedes or a holiday home in Switzerland
Posted by cm > Aug 28, 2015 01:26 PM | Report Abuse
before i read the article...I know Mr Koon will talk what...EPS, Grow prospect...but some good stocks if not play by syndicate, it won't go up & it won't able well support. Latitude, Lii Hen and VS Industry is play by Mr Koon & of course Mr Koon partnes players, & I assume Mr Koon also well connected to the bosses, Mr Koon can get first hand information before it reach to the public. We all know stock if not play by a group of syndicate, it will stagnant even it below fair value. The point here is...even we know EPS...but we only have 50% chance to forecast correctly the GROW prospect. This data, u need well connected to the bosses...they know where their company leading...
I think we should "SELL" after those corporate exercise (like the bonus issue, share split, warrants) which no value creation but increase liquidity for them to sell without affecting the prices.....late comers will be caugth
Interesting highlight on Murali! That's a really good joke. I can't help laughing! 27/08/2015 10:58
LOL. Specially dedicated to Big Gas Bag Calvintaneng
Koon Koon wrote on Jun 22, 2014 08:28 AM | Report Abuse
calvintaneng has written 5 comments out of the last 10. Please look at skyland's remark quote "skyland Calvintaneng seems like malaysia warrant buffet...all his share bought earlier all 100-300%...but dunno how true is it? 21/06/2014 21:14"
He sounds like a big gas bag, an empty drum makes the most noise. If he writes down all his current share holdings including Mulpha, I can easily tell you how successful he is.
Since he has given us the impression that he is a big shareholder of Mulpha. If that is true, I think he has to examine his track record to find out why he has failed in making money.
Four years out of the last 10 years, Mulpha lost money. The total net earning for the last 10 years is less than one sen per share. I will not buy Mulpha now until it shows a much better result.
There is a saying "In the stock market you can still buy the winning horse after the race". It means that you can still buy Mulpha after it has shown its fantastic profit.
Posted by murali > Sep 2, 2015 08:35 AM | Report Abuse X
Koon Koon, still waiting for your reply.....
Hope u dont turn into Super Ostrich now.....
Posted by murali > Aug 31, 2015 05:21 PM | Report Abuse X
Koon Koon, when did u realise that u were being kencing by the Indian Partner in Mudajaya's case?
When did u start disposing yr shares? I believe it may took a while since it was your second major investment at that moment
Have u ever thought of alerting your loyal supporters such as Johnny Cash etc when u found out the Indian Partner Scam? The price was around RM1.80 in Dec 2014. If u could highlight these to your loyal supporters in Dec 2014 (say after u disposed all yr shares n u are oredi safe), u still can save their ass...Now (RM0.90) is only 50% of the price in Dec (Rm1.80).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,995 posts
Posted by calvintaneng > 2015-08-27 10:58 | Report Abuse
Haha!
Interesting highlight on Murali! That's a really good joke. I can't help laughing!