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40 comment(s). Last comment by cheoky 2017-08-23 00:32

Red_Apollo

125 posts

Posted by Red_Apollo > 2017-08-20 12:23 | Report Abuse

Why Icap not disposing Parkson? Who sell at 53 sen? Affin Bank? So Affin Bank realised loss?

wynn186

10 posts

Posted by wynn186 > 2017-08-20 17:19 | Report Abuse

Why bought parkson?

Patron

1,173 posts

Posted by Patron > 2017-08-20 18:06 | Report Abuse

Lol Tan Eng also bought a lot of parkson few years ago. Now he diam diam dy. Pretend he nvr bought them.

joetay

3,737 posts

Posted by joetay > 2017-08-20 18:11 | Report Abuse

@patron,

now he is trying to con ppl in property and plantation stocks.

is he working for a promoter or what????

John Lu

5,187 posts

Posted by John Lu > 2017-08-20 18:30 |

Post removed.Why?

Patron

1,173 posts

Posted by Patron > 2017-08-20 18:45 | Report Abuse

@joetay I don't think he is a promoter. According to his articles and comments he is just another old man with huge ego. You know old people need lots of attention some times. He doesn't do it for profit which makes him looks even stupider

joetay

3,737 posts

Posted by joetay > 2017-08-20 18:56 | Report Abuse

@patron,

u r rite to say @calvintaneng has a huge ego to deflate. when i saw his buy plantation story using montana drought as a factor, i almost fell off my chair. every good agricultural trader know that montana is not a soybean growing state so immediately i know that @calvintaneng is bsing.

Patron

1,173 posts

Posted by Patron > 2017-08-20 19:21 | Report Abuse

@joetay same here bro when he preaches Sarawak timber stocks like Jtiasa and wtk with Canadian lumber tariff. He has no clues about the timber pricing and export quota. Just another old ego man who needs to be right and seek for attention.

Patron

1,173 posts

Posted by Patron > 2017-08-20 19:26 | Report Abuse

After being in the market for so long I can tell you ego men have one similarity - they like to "buy low sell high". They need to feed their ego by buying at the exact bottom and sell at the exact high. Being right is more important than making money. That's why Tan Eng is one of them n forever buying the downtrending stocks n nvr made any money.

joetay

3,737 posts

Posted by joetay > 2017-08-20 22:30 | Report Abuse

@patron,

sometimes i really dont know whether to laugh or cry when @calvintaneng spinned stories.

i m no timber expert but if i remember correctly, timber exports to japan r mostly for home construction purposes and only minimally for infrastructure purposes. so i almost fell off my chair when @calvintaneng was spinning stories for jtiasa and wtk using tokyo olympics.

calvintaneng

56,469 posts

Posted by calvintaneng > 2017-08-20 22:40 | Report Abuse

Posted by joetay > Aug 20, 2017 10:30 PM | Report Abuse

@patron,

sometimes i really dont know whether to laugh or cry when @calvintaneng spinned stories.

i m no timber expert but if i remember correctly, timber exports to japan r mostly for home construction purposes and only minimally for infrastructure purposes. so i almost fell off my chair when @calvintaneng was spinning stories for jtiasa and wtk using tokyo olympics.

JOKER TAY,

JUST KEEP YOUR MOUTH SHUT IF YOU DON'T KNOW

THE US$1 BILLION TOKYO OLYMPIC STADIUM IS BUILT BY WOOD

SEE

http://www.huffingtonpost.com/entry/tokyo-olympics-stadium-logging-sarawak_us_59123bc2e4b050bdca6073f4

alenac

2,654 posts

Posted by alenac > 2017-08-20 22:43 | Report Abuse

From Huffingtonpost could be fake news, need to find other reliable source.

hollandking

3,694 posts

Posted by hollandking > 2017-08-20 22:44 | Report Abuse

all main stream media are fake news by Trump standard.

hollandking

3,694 posts

Posted by hollandking > 2017-08-20 22:45 | Report Abuse

btw, what counter is this. I really don't know, just came here, so pestilence accidentally here.

joetay

3,737 posts

Posted by joetay > 2017-08-20 22:47 | Report Abuse

@calvintaneng,

just goes to show that u dont even know how to read properly.

i commented minimally for infrastructure purposes.

so dont be a joker and tell me that this whole stadium is going to be build on timber.

only the roofing of the stadium will be using wood.

http://www.reuters.com/article/us-olympics-japan-stadium-idUSKBN0U506C20151222

there, i just exposed u as a joke again.

really, do u need me to embarrassed u multiple times everyday or else u dont feel comfortable?????

joetay

3,737 posts

Posted by joetay > 2017-08-20 23:07 | Report Abuse

@calvintaneng,

dont be a joke.

the main driver for timber exports to japan will still be home construction.

tokyo olympics is only an add-on bonus. how big it is, no one knows since only the centrepiece stadium is confirmed to be using timber as part of its roofing.

can u tell me with 100% certainty that all the facilities will be using timber for roofing etc?

even better, can u tell me why jtiasa and wtk r having lower share price compared to early this yr despite posting better results????

calvintaneng

56,469 posts

Posted by calvintaneng > 2017-08-20 23:17 | Report Abuse

Posted by calvintaneng > Aug 20, 2017 11:16 PM | Report Abuse X

Sale of timber will increase from Rm21.86 Billions last year to Rm23 Billions this year

Japan is Top with 18% share of Malaysia Timber Export

According to Star Reports

http://www.thestar.com.my/news/nation/2017/08/10/tokyo-olympic-stadium-to-use-certified-msian-wood/

joetay

3,737 posts

Posted by joetay > 2017-08-20 23:22 | Report Abuse

@calvintaneng cannot answer my questions or rebut me and so now choose to throw a forecast timber sales number at me.

we can see how desperate i have driven him to with my questioning.

calvintaneng

56,469 posts

Posted by calvintaneng > 2017-08-20 23:26 | Report Abuse

Posted by joetay > Aug 20, 2017 11:22 PM | Report Abuse

@calvintaneng cannot answer my questions or rebut me and so now choose to throw a forecast timber sales number at me.

we can see how desperate i have driven him to with my questioning.

Calvin once thought you got some substance.

I was wrong about you!!

The more you talk the more foolish you are!

See

1 A fool uttereth all his mind: but a wise man keepeth it in till afterwards

Answer a fool according to his folly, lest he be wise in his own conceit.

joetay

3,737 posts

Posted by joetay > 2017-08-21 00:17 | Report Abuse

being unable to answer my questionings, @calvintaneng has now been officially driven mad by me since instead of answering my questions, he decide to quote from the bible proverb 26:5.

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-21 00:26 | Report Abuse

King of quotation, calvin tan.. by the way, you still have not respond to my post in ssteel

calvintaneng

56,469 posts

Posted by calvintaneng > 2017-08-21 00:36 | Report Abuse

Mr. Pauper

Yes, SSteel like Masteel is a cyclical stock.

It dropped to near 70 sen

But when it rebounded to 90 sen

SEE MY POST on August 22 2016

Posted by calvintaneng > Aug 22, 2016 08:06 PM | Report Abuse X

Posted by Ahbeng11 > Aug 22, 2016 07:31 PM | Report Abuse

The loss was due to right off of fix asset, exclude this the result is actually improved

Ahbeng11 is correct!

There is a one off LBT (Loss Before Tax) of over Rm140 mil due to impairment. If not SSteel registers a nice profit of over Rm40 mil this quarter.

This confirms that SSteel & Annjoo have turned around their operations.

Very good sign indeed.

Next will be masteel's results.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-08-21 01:06 | Report Abuse

joetay bro, judging from your comments, I know that you are a very knowledgeable guy with fantastic business senses.

Please listen to my advice, it will be much worthy to spend your time making more money for yourself in the stock market rather spending too much time for this Calvin.

I sincerely trust that you will definitely excel in stock investing even though I don't know much of you.

However, I will not surprise if you already did.

MrPauper

1,031 posts

Posted by MrPauper > 2017-08-21 01:11 | Report Abuse

Calvin, yes, but you started recommending ssteel in January 2015, far far away from the turnaround in June 2016, exactly 1.5 years later. Did you or did you not realise the severity of the industry's slump when you recommended ssteel in January 2015?

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-08-21 01:18 | Report Abuse

Well, Mr Pauper, this Calvin even said he recommended Jaks when Jaks was below 60 cents 10 years again, what so big deal of his recommendation JUST only 1.5 years ago? :)

His recent recommendations were mostly not moving but he will surely claim the credit if any of it fly after 5 or 10 years later.

3iii

13,169 posts

Posted by 3iii > 2017-08-21 06:04 |

Post removed.Why?

3iii

13,169 posts

Posted by 3iii > 2017-08-21 08:16 |

Post removed.Why?

3iii

13,169 posts

Posted by 3iii > 2017-08-21 08:35 |

Post removed.Why?

3iii

13,169 posts

Posted by 3iii > 2017-08-21 08:53 |

Post removed.Why?

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-08-21 10:22 | Report Abuse

Wow, what a great sharing by 3iii about Calvin, straight to the heart. Thumbs up!

Patron

1,173 posts

Posted by Patron > 2017-08-21 10:53 | Report Abuse

Man , give 3iii a medal already

KLCI King

3,220 posts

Posted by KLCI King > 2017-08-21 14:49 | Report Abuse

Ladies and gentlemen, please put your hands together for the comments of the year!!!

The comments are full of wisdom & Cautionary good words. Well done, 3iii.

joetay

3,737 posts

Posted by joetay > 2017-08-21 15:10 | Report Abuse

thx @stock kingdom.

sometimes mkt is boring so always fun to expose jokers like @calvintaneng and push him to the brink of breakdown.

@3iii,

best analysis i seen on a investor psychology so far.

just to add on, given the minuscule 5% of his fund that @calvintaneng claims to be putting into klse vs the high risk/return stocks that he is promoting currently, this seems to be in direct dilemma with his investment logic.

really is the greatest puzzle of i3.

3iii

13,169 posts

Posted by 3iii > 2017-08-21 20:00 | Report Abuse

>>>>joetay thx @stock kingdom.

sometimes mkt is boring so always fun to expose jokers like @calvintaneng and push him to the brink of breakdown.

@3iii,

best analysis i seen on a investor psychology so far.

just to add on, given the minuscule 5% of his fund that @calvintaneng claims to be putting into klse vs the high risk/return stocks that he is promoting currently, this seems to be in direct dilemma with his investment logic.

really is the greatest puzzle of i3.
21/08/2017 15:10<<<<


Calvintaneng will need to be very honest with himself first.

TheContrarian

9,432 posts

Posted by TheContrarian > 2017-08-21 20:53 | Report Abuse

I think Calvin invest the other 95% into properties which he buys from auctions at dirt cheap prices.

limch

3,262 posts

Posted by limch > 2017-08-21 21:18 | Report Abuse

Why he himself buy auction properties but others must buy developers property?

Posted by TheContrarian > Aug 21, 2017 08:53 PM | Report Abuse
I think Calvin invest the other 95% into properties which he buys from auctions at dirt cheap prices.

yruns1

19 posts

Posted by yruns1 > 2017-08-23 00:24 | Report Abuse

@3iii
enjoyed reading your analysis on our senior i3 investor calvintaneng, whom as you have rightly pointed out, been giving us the impression that he is making big money in the stock market, however, is only 5% invested in it.
This scenario is similar to the fund manager who invests little or none in his own fund. They call it not eat his own cooking!
However, I enjoy reading his stories and find them entertaining and educational too. He does have talent for writing.
In any case, Caveat emptor! let every investor be aware and do his homework before buying :)

calvintaneng

56,469 posts

Posted by calvintaneng > 2017-08-23 00:29 | Report Abuse

Posted by TheContrarian > Aug 21, 2017 08:53 PM | Report Abuse

I think Calvin invest the other 95% into properties which he buys from auctions at dirt cheap prices.


CORRECT LOH!

AT 40% to 50% YEARLY YIELD FROM AUCTION PROPERTIES FOR THE LAST 5 YEARS

CALVIN HAS BEATEN WARREN AT 25% AND ALSO BEATEN PETER LYNCH AT 39%

WHAT MORE CAN I ASK FOR?

cheoky

2,823 posts

Posted by cheoky > 2017-08-23 00:32 | Report Abuse

wow...deep respect for 3iii insight sharing. give a big like.

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