I think you will contribute more positively if you do a write up on these 2 points
1) In Malaysia many Companies with Assets like Real Estate sitting on ancient book value which were taken private at a huge disadvantage to minority shareholders.
Tell SC to make it compulsory for all Listed Companies in Malaysia to do a Complete Up To Date Revaluation of All Properties before privatisation is allowed
This will allow all to SEE THE ACTUAL NET TANGIBLE ASSET VALUE OF THE COMPANIES
Example is the privatisation of THE STORE. THE STORE was taken private below Rm4.00. But if THE STORE's prime assets were to be revalued it should at above RM10.00 a share
And because Value Investing has been shortchanged by this long neglect people in Malaysia have shunned Value Stocks as a whole - THUS LEADING THEM TO THE ROAD OF SHARE SPECULATION BY GORENG
THIS GIVE RISE TO SYNDICATES IN KLSE Who constantly Pump & Dump "useless" stocks to the foolish punters and gamblers who are like ikan bilis, sotong, water fish, sorchai & naive newbies brought to the slaughter time after time
So many got burnt that they shunned the Stock Market like the plague
Thus KLSE which should be a place to grow our monies become a place to be avoided by all means
The human brain consists of 3 major components...(1) the id , (2) the ego and (3) the superego....as presented by sigmund freud
these are basically:
(1) the desires, objectives or lusts, (2) the intelligence to manipulate environment to achieve these needs, and,
(3) the conscience. the ethical part of humans which considers if their actions are right to others or wrong...i.e the empathy section of the brain..
Dr. M basically has a brain having all the 3 compartments above in a balanced manner..as much he has the desires, he has the intelligence and the ethical part...he has empathy for the poor too...
but, Koon appears like completely missing the 3 rd part of the brain .............................................................
well, uncle kyy is straightforward. As for the MB saying he did it, well I'm not very sure about it perhaps to 'cool things down'. My advice to uncle KYY is this, make them regret their action, invest in other states, I would suggest look at the rural states, i believe got potential, beside, can help Harapan to strengthen or takeover the rural states in coming election.
probability The human brain consists of 3 major components...(1) the id , (2) the ego and (3) the superego....as presented by sigmund freud ===========
not fair....in reality both old men are cute and no enigma.
one is a stock market man, the other is Prime Minister/
1) In Malaysia many Companies with Assets like Real Estate sitting on ancient book value which were taken private at a huge disadvantage to minority shareholders.
Tell SC to make it compulsory for all Listed Companies in Malaysia to do a Complete Up To Date Revaluation of All Properties before privatisation is allowed
This will allow all to SEE THE ACTUAL NET TANGIBLE ASSET VALUE OF THE COMPANIES
Example is the privatisation of THE STORE. THE STORE was taken private below Rm4.00. But if THE STORE's prime assets were to be revalued it should at above RM10.00 a share - 100% AGREED WITH CALVIN TAN.
Author trying to change other. Qqq3 can write as his wish. So do kyy. Why bother to change them? Let they play with themselves. Bo song ma teruk them occasionally. As datuk Calvin said, spend your time find next profitable stock n share better lo.
Dear Calvintaneng, You can refer to below link on accounting standard on valuation of Investment property. http://masb.org.my/pages.php?id=89 Malaysian Financial Reporting Standards (MFRSs) MFRS 140: Investment property.
As minority shareholders we are at the mercy of major shareholder thus what I can do is to attend the Annual AGM and trying my best to reason with the major shareholder to treat us minority shareholders as their equal business partner and share the wealth of the company with all. That is what I can possible do. By the way the company Act 2016 had empowered not less than 50 shareholders to send in their requisition to propose any resolution to be voted on during the AGM. If any minority shareholder felt short-charge by major shareholder in taking the company private they can seek the help of MSWG and lodged complaint with Bursa and SC.
Many people wish they can do a Datuk Dr Yu Kuan Chon did on HLCap to teach a lesson to those major shareholder tying to short-charge the minority shareholder. https://www.thestar.com.my/business/business-news/2014/08/29/dr-yus-hlcap-selldown-brings-rm72mil-in-proceeds/ Yu first emerged as a substantial shareholder in HLCap in February 2013 with a 5.94% stake or 14.672 million shares, essentially preventing founder Tan Sri Quek Leng Chan from taking the company private via his flagship Hong Leong Financial Group Bhd (HLFG) for RM1.71 per share.
Dear Calvintaneng, Are you serious or playing joke with me in assuming that I have access to PM Tun Dr Mahathir? Stop pulling my leg I personally do not meet Tun Dr Mahathir before nor have access to his personal email address.
When Tun Dr Mahathir was fighting MO1 in his blog chedet.cc I did wrote in my comment in a respectful letter format to give him my support and rebuking some BN cyber-troopers point to point in order to win public opinion toward Tun’s cause. Since PH took over the government and Tun Dr Mahathir become our PM I had rarely wrote my comment in chedet. cc as chedet .cc now is full with many back seat drivers and place to PLP and gossiping.
To be true to you even though I had written many letters in chedet.cc comment I had not received any replied from Tun Dr Mahathir. This is understandable as Tun Dr Mahathir is a very busy man and now he has only so litter time to do so many things in correcting legacy problems of corruption and abuse of power by previous BN politicians and the whole machinery of government. He is racing against time to rebuild Malaysia so please do not further burden Tun Dr Mahathir with trivial things.
By the way isn’t any MGO, VGO or compulsory acquisition required a third party to do valuation and advices minority shareholders whether the offer is fair/unfair, reasonable/unreasonable and to accept or reject the offer?
As minority shareholder we need to learn how to confront BOD with your concern/grievance during AGM and if you are not satisfied with their answers you can seek the help of MSWG, substantial shareholder or make official complaint to SC/Bursa and work with them what legal action you can take or regulatory action Bursa/SC can take to redress your grievance.
Full term..? NO..! Just stick to the promise.. Grateful & thankful to Dr M...without him BN will still be in power... But at this critical moment we need a Deng Xiaoping not Mao Zedong of Malaysia..
but what happens if there is a financial crisis in 2020, world wide recession.....things may change....but it is not up to us to say what will happen....for the time being, just say mahathir will keep his promise.
Dear all, https://www.channelnewsasia.com/news/asia/malaysian-leader-mahathir--93--feeling-his-age-10887842 I feel pity and sorry for our PM Tun Dr Mahathir that at his ripe old age of 93 where most people already long retired to an easy and relax life but Tun still had to work so hard with litter rest trying to correct legacy problems of corruption and abuse of power by previous BN’s government and remake/rebuild the whole machinery of government. I can only wish and pray that with god’s blessing Tun shall be given 2 years time to carry out institutional reform that will restore good governance, provide for the effective separation of powers between the branches of government, guard our nation’s wealth with check and balance and secured our future before passing the baton of leadership to Dato' Seri Anwar bin Ibrahim.
No need for two of you to feel pity and sorry to Tun M!
Two of his son is a billionaire because of his lopsided economy policies back then to his tenure as 4th Prime minister. And both of you still struggling making tiny profit in Bursa.
in i3 his advice is a question mark with full of ulterior motives for self gains.
You all don't believe me...now u see how he hentam Sultan Perak bcos he accused he was dismissed by Sultan as an advisor of Perak Gov.
I long time alredi saw he will be demoted from being an advisor of Perak Gov bcos of his arrogance in i3... Now not only in i3 he has bad name... his name is also bad in whole of Msia now.
no choice than to be blind a little ma...after all he is the best we got...
an intelligent crook is better than a dummy crook which kills the country
we all make tiny profit...but our happiness level same as the big profit makers ma..
Posted by Valuespec > Nov 4, 2018 05:59 PM | Report Abuse
Dear Sslee & probability -
No need for two of you to feel pity and sorry to Tun M!
Two of his son is a billionaire because of his lopsided economy policies back then to his tenure as 4th Prime minister. And both of you still struggling making tiny profit in Bursa.
Dear all, I always have a soft spot for elderly people as I always say, “ Our entire elder desired our respect as we do not know what they have gone through so that we can have a better life.”
Of cause both Mr. Koon and Tun Dr Mahathir is not an ordinary people like me and you. Both are awesome and with unbelievable tenacity to thrive when the going gets tough. Both have many followers who admire them and at the same time many detractors who hate them. Both have experience a near dead situation that change their outlook on life and at their age they are always looking for the opportunity to die. Only when you prepared yourself for death will you start to live. Both are a very determine person and once they make up their mind no amount of advices will change their mind or maybe they will listen to their wife’s advice but their wife are such a lovely wife that most of us can only dream of and they do not interfere with their husband decision.
I had met with Mr. and Mr. Koon three times and I have make a secret pact with someone who telling me if you see sometime wrong with Mr. Koon’s writing tell him so. So please pardon me for using this blog to tell Mr. Koon what is wrong with his writing.
Dear probability, A life threatening experience will change people outlook of life for better or for worst, only god knew. (You can read what Hitler go through during First World War that turns him into a heartless monster).
No one is without faults or regrets and there are many wrongs that we commit during our reckless year (Building political power or physical wealth) that will come back to haunt us. So should we live in an unforgiving and sorrowful past or should we forgive our past mistakes so that we can let go of our past baggage and move on with life and try to amend for our past mistake.
“Everybody deserves a second chance, because life is too complicated to get it right the first time”- SkyLug. I wish all will find in their heart to forgive and to seek forgiveness to all the family members you might have hurt as in this word nothing is more important than family.
Dear qqq3, Yes I got conned in Xingquan. Yes I felt anger, outrage, disdain and despite the shameless behavior of Xinguan CEO Dato’ Wu and the auditor. I only blame myself for my own mistake and have move on and turn my anger and disdain to expose those conman in i3 and you qqq3 is the shameless conman.
Dear qqq3, I refer below: Do I need to say more? Thank you
Posted by qqq3 > Nov 2, 2018 01:43 AM | Report Abuse kc u fail to understand, Jaks and Sendai are the 2 counters I made the most money...and why not? when I know the chong ker.....and I have the killer instinct..........
When shares were promoted with "sailang" and margin financing calls with prominent "chong ker" and its accomplice, and as a result, naive newbies chased the shares to RM1.80+ and RM1.20+ and lost a fortune, but he himself made a "killing", again and again, I don't think it is a great thing to boast about.
It is really a very sad state that our society has gone through such a terrible state of morality.
talking about biz, there are many out there who do biz dishonestly, they don't know the consequence. Instead of doing biz long term, they prefer short term gain. Long term is about building your reputation, credibility, customer base. I give an example, there are some ads selling stuffs they used the word "FREE" for pricing to get your first impresstion or sell property, they used the price for per hectare in front , then when u clicked in, you see what is going on. This is cheating. When I see this kind of seller, I don't bother looking at them anymore, bcoz this is dishonesty. Another type of seller are those looking for short term gain, thinking there are many suckers around, raised price high high. Is it greed or stupidity(no common sense) ?
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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....
CharlesT
14,976 posts
Posted by CharlesT > 2018-11-03 13:14 | Report Abuse
Full term? Scare he will turn back into a monster again