The main problem is that I have too much money which is why I need to buy above 5%. I am too good at buying shares (which has got him a lot of followers). But when I say it like that, it sounds like a bad word,”
I cried when I read what Ah Pa Koon said. I believe him
“I am the only one in the world who have written in my will that all my remaining assets will be for charity to help poor people after I die,” Robin Koon said.
“A few times I made the mistake of instructing one remisier to sell in the morning the same share that I instructed another remisier to buy in the afternoon. In fact, the authorities had reprimanded my remisers who were involved in these transactions that might seem to mislead investors. Those were honest mistakes,” quote kyy
short then collect, and long. lol.. honest mistakes
The same excuse I gave when the police ask why I still dun pun on my seatbelt
Posted by jasonor > May 16, 2016 10:44 AM | Report Abuse
“A few times I made the mistake of instructing one remisier to sell in the morning the same share that I instructed another remisier to buy in the afternoon. In fact, the authorities had reprimanded my remisers who were involved in these transactions that might seem to mislead investors. Those were honest mistakes,” quote kyy
short then collect, and long. lol.. honest mistakes
Koon enjoys being in the spotlight. He is very happy now. This special occasion ....once in a blue moon. Time to open champagne for celebration. He must say thank you to i3 and all the bloggers who has been attacking him.
“I am the only one in the world who have written in my will that all my remaining assets will be for charity to help poor people after I die,” Robin Koon said.
Where is your golden rules so proud of? Why buy morning sell afternoon? This is not your golden rules! You never said this is one of the rules! Pui... cakap tak semacam bikin. Goreng-goreng share is your truth golden rule.
Papa Koon blame you. He wrote recommend to buy but he never wrote recommend to sell.
“I have never recommend readers to buy any share if I am selling. As you know, I have written many articles about Latitude, VS and Lii Hen which have gone up a few hundred per cent over the last 2 years. If you have followed my recommendations, you would have made a huge profit. Of course, if you were too greedy and did not sell, you cannot blame me,” he said.
Too much money indeed Koon. I understand that I have to boast like you if I have that much money. I also must tell the whole world that I do so much charity because why t.h not.
I also should not hire some people to do administration tasks for me because I can just make excuses once people realised I'm not reporting things that I should so that I ensure myself to obey the law.
Don't simply trust anyone here most of them have no creditabity,all you know you may be dealing with conmen who are very sly,just hear with a linch of salt.
@stockmanmy, you are truly loyal Koon supporter. Indeed not all his counters are bad particularly after OTB becomes his advisor. But the question is his action that contradicts what he has communicated. Haha
Quote" "A few times I made the mistake of instructing one remisier to sell in the morning the same share that I instructed another remisier to buy in the afternoon. In fact, the authorities had reprimanded my remisiers who were involved in these transactions that might seem to mislead investors. Those were honest mistakes."
“The main problem is that I have too much money”, says mr.koon. My average daily trading exceeds RM1mil… if you are small fish and naïve type, You cannot blame me,” he said. Eh…this is Malaysia tycoon, you know….I am Malaysia boleh type…you don’t blame me, if you lose your money…. I am a very rich you know…… nobody can argue with me, he said…. Wow.wow…..macam power ranger ninja already !!!!!....that’s right “sebiji macam power ranjer trademark”…. Wow, even billionaires warren buffet also scare to say those words...
How much is his net worth? Nowadays, only multibillionaires (in usd) r considered real rich.
Posted by rainbowyen > May 16, 2016 08:02 PM | Report Abuse
“The main problem is that I have too much money”, says mr.koon. My average daily trading exceeds RM1mil… if you are small fish and naïve type, You cannot blame me,” he said.
So he is too good at buying stocks but doesnt know his average price or size as he buys and sells a lot>>>>this is his statement....well that is beyond belief...as 1) with the size he trades for sure he can afford a bloomberg trade screen to put his positions in...that will calculate his average price on the spot 2) dealing with 6 brokers is no excuse as every broker will give him at the end of the day the size he traded, against which price....they have to right as the trades have to settle T+3 or whatever it is here...only thing to do then is get the 6 together at the end of the day...takes you 5 minutes max then you know...3).For a DVP he needs to know exactly how much money he needs to put up in case of a buy or will receive in case of a sell.......to calculate your position it takes a minute...number of shares you own then divide by total outstanding number of shares of the respective company......So it all sounds very dodgy to me...I think (personal opinion) he wants to avoid that other guys run positions on the back of his directional trades.....he wants to keep it all quiet till he is done buying or selling in a company ( better for his average price)......I worked for over 22 years with the best traders in the world....wake them up at 3 am in the nite they will tell you their average price and size behind the dot...if he is that good as he claims then he should know.......Reporting so late frequently is a cardinal sin and if the Regulator would have done their job properly in the past they at least would have fined him massively and ban him for a period of time or for good.....what he says just doesnt make sense! He should be banned......its dodgy trading......hire a guy for 5 k a month if you can't fill in a form a 12 year old can fill in....... 16/05/2016 20:02
Watch out, Mr Koon, you are very rich now, where else Ajib Khor is hard up for money to plug his $55 billions 1MDB loan . Your activities of buying and selling of the same counters in such a frequency and short period of holding them might be considered as "TRADING" and not "iNVESTMENT" as far as our Income Tax Law is concerned. your current investment gain suppose to be free of tax might view differently by IRB as Trading activities and subject to income tax plus heavy penalty. I hope you better rectify with your accountant. Or else, your gain might have to pay lots of tax to our "SAPUMAN AJIB KHOR" Don't Play-play.
He filed almost 2 mths late for Vs. Denda heavy lol like that!
DAP_bagus Posted by cinapeh > May 16, 2016 10:49 AM | Report Abuse
under section 69M of the companies act 1965 the penalty for non compliance with substantial shareholding disclosure within the prescribed 7 days period is MYR 1 million ,with a default penalty of MYR 50,000.00 per day 16/05/2016 13:57
jilakak, is that the way to manage the reporting needs? why cannot use one broker to buy certain stock and others broker others stocks? This is not difficult to manage, right? Even using various broker the portfolio is real time, just add up oni, kenot arr?
mr.koon, says, his age, his money and his ability to pick the right stocks have contributed to his late disclosures… . “The main problem is that I have too much money and damp very rich which is why I need to buy above 5%...Next time, i may restrict buying stocks less than 5%, so that I don’t need disclosures to SC.. Walau eh…. Trying to teach us how to skip fill up the form if buying less than 5%.... thank you mr.koon.
Stockmanmy, uhhh what type of problem duper rich have? heheheh... got money very d gud la! can kautim a lot of ppl. If can earn 500% per counter, few millions penalty is nothing la! ;) Consider donation can or not???
Walau eh… mr. koon damp very rich man in Malaysia…..should enter Guinness book of records...Aku rasa ada peluang untuk dia ini masuk dalam pencalonan dalam buku “Guinness book of records”. “The smartest investor in Malaysia”.
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....
murali
5,723 posts
Posted by murali > 2016-05-16 10:29 | Report Abuse
The main problem is that I have too much money which is why I need to buy above 5%. I am too good at buying shares (which has got him a lot of followers). But when I say it like that, it sounds like a bad word,”