in the intelligent invester, ben graham used to have a chapter on shareholder activism.
But he removed out the chapter because he just didnt see how investors will ever be motivated to see their holdings as actual stakes in the company, and take on the required responsibility.
When just selling the shares, or not buying is so easy.
what sslee did is admirable. the investment community needs people like him, to raise awareness, to keep in check the management has their priority right and aligned to shareholders' interest, to create value situation for shareholders etc.
perhaps,what can be better, given sslee's limitations in certain areas, he can share his draft of questionnaires here...so that people can chip in with comments or share their views.... to improve the quality of questionnaires for it to remain effective. of which sslee actually did that last year prior to Insas AGM..
Well the boss of IOI knows his oil palms in and out, what fertilizer is best, how best to grow and maintain, the maintainence schedule and the most efficient mix.
At the end of the day, if you think like an owner, you need to know the details.
The Agm is the only time a shareholder get to meet the ceo and board face to face and get their questions heard.
I don't see what is the problem here.
Unless of course one is an IB, with zero curiosity towards the business, but masturbates thinking about their wonderful 5 year projection that will be shown to be absolutely pointless when compared to the actual results.
==== Posted by John_Lee > Dec 4, 2018 01:12 AM | Report Abuse
Sslee,
There is nothing wrong in asking questions. But one has to understand what is relevant and acceptable questioning taking into the context of the event/environment. Simply, different lines of questions for different time and place. The questions you listed for the Hengyuan AGM were not suitable for an AGM. They were more like questions a manager will ask his support personnel during department meetings.
You have to understand that posing such petty questions to Board of Directors during AGM is not only annoying, it may even be seen as disrespectful towards the BoD and also towards the event. Also, do know that it was within the rights of the BoD not to have answered you and they have been graceful to have provided you a written reply later.
Another point that I wish to highlight is that the powers of shareholders are much limited by the Companies Act 2016. Many seem to miss this point. It is hence crucial that you also seek to know the integrity and capabilities of the BoD of the company you invest in.
what SSlee is doing is commendable. But like what many have pointed out, it is better to do it professionally. Asking naive questions like a Boy Scout in AGM is unproductive.
I just a trader, traders collect tips from big investors normal and smart.....one word of caution....tips got to be reprocessed. Big investors are also humans and to err is human,......
Dear fake accountant qqq3, qqq3 posted>ss...can an engineer have the same deep understanding of financial accounts and accounting matters and audits as I do? I don't think so..... 04/12/2018 09:32
LOL please read again your article below and tell me what are your understanding of financial accounts and accounting matters on Hai Duong IPP? Jaks....emerging jewel Author: stockmanmy | Publish date: Fri, 13 Jan 2017, 02:35 AM https://klse.i3investor.com/blogs/stockman/113723.jsp
So stop your talk 3, talk 4 and cock on business sense, flexibility, good luck, random walk theory, skill, attitude, practices, habit, character, chicken trading and etc. Use your X factor, Dynamic investing, Game changer, Super investor, pivotal moment, “Sailing” and “Margin Finance” all into JAKS a one of the life time opportunity to become richer than Mr. Koon otherwise I repeat: qqq3 is the lowest of the low, the worst of the worse, horrible, distasteful, insane, disgusting, despicable, wicked and shameless person i3 have ever come across. Shame on you after you had promoted JAKS share with “Sailing” and “Margin Finance” and profited from it again and again from your “chong Ker” you still have the gut to show your face in i3, go and hide you face is some shithole.
Thank you P/S: stockmanmy comments; Hai Duong IPP - FCF NPV at 12% equity cost is RM 1.096 billion value to Jaks @30% $ 329 million (or 75 sen share) gains from EPC Contract US$ 91 million or $ 409.5 million discounted value to Jaks $ 298 million (or 68 sen per share) discounting a cash flow at 12% has factored in some risk elements. The real gain is more than 75 sen and 68 sen respectively. so, if you add current NTA $ 1.20 + .75 + .68 + X factor., the worth of the Company share is $ 2.63 plus X factor correction OF COURSE, NTA CAN ALSO BE REPLACED VALUE OF JAKS WITHOUT THE IPP + .75 + .68 + X factor. 14/01/2017 17:53 Super investors has 3 characteristics.....they receive new information, receptive to new ideas and confidence in own abilities.................................and also buy Jaks. lol 14/01/2017 19:30 IPP at matured stage is for retirement funds Jaks at this stage is for dynamic investing. A game changer Like it changed Francis Yeoh's life. 14/01/2017 19:35 Indian IPP? Indians all talk..... But Vietnamese will go places, and this will be successful. 14/01/2017 19:59 the bankers think it is bankable...and indeed signed the financing already... skepticism is good...but inability to take risks, you will never be super investor. gains always come from taking good risks...and all in when you got good hands. 14/01/2017 20:20 13 chapters of Dynamic Investing.... Now, put all to good use in Jaks. 14/01/2017 20:23
Dear fake accountant qqq3, qqq3 posted> CharlesT> Dec4, 2018 12:57 PM Qqq is more like a promoter...asked by master to promote jaks at high price encouraging to sialang with margin evetyday in i3 In return he got tips yo buy jaks earlier n mafe some peanuts ============ quid pro quo...Quid pro quo ("something for something" in Latin) is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; "a favour for a favour". 04/12/2018 15:25
My comment; “Coup de poing” is a French word for backstabber. “Et tu Brutus? Well, then fall Caesar…” Shakespeare’s classic line on Brutus betrayal of epic proportions who viciously stabbed Caesar to death, “Brutus will be forever remembered as the ultimate backstabber” Mr. Koon had treated you well and yet on the other hand you had purposely setting up a trap for him to fall into and profited from it again and again. Mr. Koon fall for your PLP “quid pro quo” and not so good relationship with OTB because of your instigation and poisonous tongue attack on OTB. Mr. Koon gets burnt in JAKS and like a true fighter; he shall rise again like a phoenix from the ashes. It is my hope that Mr. Koon can now see and realize who qqq3 is: “a fake friend, a fraudster, a backstabber, a bootlicker, an ass-kisser, a shameless manipulator and good for nothing low life parasite.” “
ss...lets be blunt about it...u got no case to complain......this is stock market.....and of course, it would be unrealistic to expect me to write negative stuffs on Jaks and Sendai in i3...
Posted by qqq3 > Dec 4, 2018 06:32 PM | Report Abuse one more thing....OTB is too greedy for performance.....a more responsible retail adviser would consider more portfolio theories........than his greedy for performance selections and focus.
SSLee has indeed done a good job for the minority shareholder of Insas as the management has finally listened, unlike before.
As opposed to the above character, what has he done except ridiculing everyone, except his master.
You can see his relentless personal attack on OTB, although OTB has ignored him for months already.
Every writer and contributor in i3investor is personally attacked by qqq, including me. Whereas the PLP thingy continues to go on wherever his master name is mentioned.
For me, I have no problem with his attack, as he has never able to rebuke any of my response to his attack. For his is just an empty tin kosong.
For his master, he has been drinking so much koolaid, as until today, he is still drunk. Wake up!
kc..no one need to agree with me....what I write is my opinion....I don't attack people who disagrees with me.....no need.....people are entitled to their opinions as I am entitled to my opinion.
Posted by qqq3 > Dec 4, 2018 07:23 PM | Report Abuse kc what is there to wake up? every thing that has happened in last 18 months in stock market has proven my attacks are correct and justified.....
I am asking the "super investor" to wake up from your koolaid.
What have you besides saying I bought this share at what price and sold at this price and made money? What values they give?
4)I have written and published 346 articles in value investor in i3investor so far. Yes you have also written a few. Well we can let others to judge how good you are in your writing.
5) Are you better in your investment outcome than me? Reading from what you have now, I highly doubt so.
As a matter of fact, you can even smell the fart of OTB. What are you keeping on attack him personally?
6) OTB did not recommend any stocks to sailang and margin in i3investor. Unlike you, you have been shouting sailang and margin Jaks and Sendai at RM150+ and RM1.20+ relentlessly in i3investors.
How many have lost a fortune with your behaviour? And the one who drank your koolaid have lost a bundle.
Still have the cheek to tell them that you have profit many times from Jaks?
Posted by qqq3 > Dec 4, 2018 07:53 PM | Report Abuse kc what? I cannot have my opinions? too bad if it affects you....I am not responsible for u, u know?
Of course you can have your opinions. Everybody should be respected of his opinion. But as a 60+ old matured person, be responsible of what you say.
It is highly irresponsible the way you personally attack OTB relentlessly. Read the articles you wrote about him.
Of course you lack the credibility and ability to put me down although you tried very hard, as I am far ahead of you in finance and investment, in humility and anything else.
As a senior citizen, it is highly irresponsible to propagate sailang, margin to the public. Look what you have done to them in Jaks and Sendai. And worse, you profit from it by doing so. That amounts to manipulating and cheating, and all the immoral thingy.
by kcchongnz > Dec 4, 2018 08:11 PM | Report Abuse
As a senior citizen, it is highly irresponsible to propagate sailang, margin to the public. Look what you have done to them in Jaks and Sendai. And worse, you profit from it by doing so. That amounts to manipulating and cheating, and all the immoral thingy. ===============
don't be silly...people make money or lose money,...nothing to do with me.....They don't even know me.....No one should seriously expect me to write negative stuffs about Jaks and Sendai knowing my friend KYY is so heavily invested in it......
All the way down from $ 1.80...I mostly just keep quiet.....
sailang margin,...whatever...not restricted to any particular counter....it can be applied to any counter.......
how much people buy...what risk they take is habit and character.....where got a few words from me can change people one?
by kcchongnz > Dec 4, 2018 08:11 PM | Report Abuse
As a senior citizen, it is highly irresponsible to propagate sailang, margin to the public. Look what you have done to them in Jaks and Sendai. And worse, you profit from it by doing so. That amounts to manipulating and cheating, and all the immoral thingy. ===============
don't be silly...people make money or lose money,...nothing to do with me.....They don't even know me.....No one should seriously expect me to write negative stuffs about Jaks and Sendai knowing my friend KYY is so heavily invested in it......
All the way down from $ 1.80...I mostly just keep quiet.....
sailang margin,...whatever...not restricted to any particular counter....it can be applied to any counter.......
how much people buy...what risk they take is habit and character.....where got a few words from me can change people one?
Dear all, Repost from JAKS forum. Dear Halite, Sorry for the late reply I am out having happy hours with my colleagues. You can ask qqq3 when he met Mr. Koon? How he PLP Mr. Koon with this article: For Koon Yew Yin Author: stockmanmy | Publish date: Fri, 7 Oct 2016, 04:23 PM https://klse.i3investor.com/blogs/stockman/105961.jsp
Bad mouthing KC and OTB in this article Come lets debate FA............KC, OTB, KYY, all welcomed Author: stockmanmy | Publish date: Sat, 3 Dec 2016, 04:23 PM https://klse.i3investor.com/blogs/stockman/110864.jsp
Then Hoodwinked and trap Mr. Koon with this article. Jaks....emerging jewel Author: stockmanmy | Publish date: Fri, 13 Jan 2017, 02:35 AM https://klse.i3investor.com/blogs/stockman/113723.jsp stockmanmy comments; Hai Duong IPP - FCF NPV at 12% equity cost is RM 1.096 billion value to Jaks @30% $ 329 million (or 75 sen share) gains from EPC Contract US$ 91 million or $ 409.5 million discounted value to Jaks $ 298 million (or 68 sen per share) discounting a cash flow at 12% has factored in some risk elements. The real gain is more than 75 sen and 68 sen respectively. so, if you add current NTA $ 1.20 + .75 + .68 + X factor., the worth of the Company share is $ 2.63 plus X factor correction OF COURSE, NTA CAN ALSO BE REPLACED VALUE OF JAKS WITHOUT THE IPP + .75 + .68 + X factor. 14/01/2017 17:53 Super investors has 3 characteristics.....they receive new information, receptive to new ideas and confidence in own abilities.................................and also buy Jaks. lol 14/01/2017 19:30 IPP at matured stage is for retirement funds Jaks at this stage is for dynamic investing. A game changer Like it changed Francis Yeoh's life. 14/01/2017 19:35 Indian IPP? Indians all talk..... But Vietnamese will go places, and this will be successful. 14/01/2017 19:59 the bankers think it is bankable...and indeed signed the financing already... skepticism is good...but inability to take risks, you will never be super investor. gains always come from taking good risks...and all in when you got good hands. 14/01/2017 20:20 13 chapters of Dynamic Investing.... Now, put all to good use in Jaks. 14/01/2017 20:23
Mr. Koon Bought into JAKS MR KOON YEW YIN 16-Feb-2017 Notice of Interest 23,881,900 0.000 Mr. koon first article on JAKS Why I Bought Into JAKS - Koon Yew Yin Author: Koon Yew Yin | Publish date: Sat, 18 Mar 2017, 10:40 PM https://klse.i3investor.com/blogs/koonyewyinblog/118591.jsp
Dear fake accountant qqq3, Posted by qqq3 > Dec 4, 2018 07:38 PM OTB is a retailers' adviser.... OTB is a not a stock God. My son is an IB analyst writing for institution clients. Those who write for institution clients have to be more responsible, ...there is a fundamental difference. an IB analysts cannot just wag here wag there....without responsibility.......like a retailer adviser.
JAKS RESOURCES - Powering-Up Earnings Author: PublicInvest | Publish date: Tue, 10 Jan 2017, 10:09 AM https://klse.i3investor.com/blogs/PublicInvest/113441.jsp So now you are saying or would you like to confirm that your son is the one that wrote all these article on JAKS for PublicInvest?
How does those two stupid articles of yours show you make 200% in the last two years? Those two articles are talk cock rubbish.
Did you see how I show the return of my stock picks?
They were published long before, with the date the prices and then compared with the prices years later. Those stocks even come with investment thesis, complete with valuations etc.
Have you shown what shares you bought, the price you bought before, and the price you sold, in your stupid day trading, besides just talk cock? You talked anything you like.
Amazing, such naive claims!
But tell you what, nobody gives a damn if you make or lose money in your stupid trading.
sted by kcchongnz > Dec 5, 2018 12:15 AM | Report Abuse
But tell you what, nobody gives a damn if you make or lose money in your stupid trading. ============
not true nobody care...I care....and I will update it as long as I am happy with my profits keep increasing.....so far so good ...don't know why.....I do well in markets others cannot do well.....Last one year have been very good for me.
Dear i3Value Posted by i3Value>05/12/2018 00:58 Sslee, whoever correct whoever wrong, you can attack qqq3, he can attack you. No need bring family in.
Please read carefully it was fake accountant qqq3 who brought in his son to simply attack OTB with his nonsense: Posted by qqq3 > Dec 4, 2018 07:38 PM OTB is a retailers' adviser.... OTB is a not a stock God. My son is an IB analyst writing for institution clients. Those who write for institution clients have to be more responsible, ...there is a fundamental difference. an IB analysts cannot just wag here wag there....without responsibility.......like a retailer adviser.
Dear fake accountant qqq3, I refer to calvintaneng posted >01/12/2018 20:59 My respect to Uncle Koon Failure is ok if we learn from it I think it was qqq3 who wanted me to contact Uncle Koon to goreng jaks The culprit is qqq3 I want to take this opportunity to say sorry to all i3 forumers if i have led anyone astray. Calvin is sorry
Can you now tell us when did you met Mr. Koon and what had you discuss? You don’t need to pretend that you are just a small time trader anymore and you only able to turn your 100K investment to 300K. You had planned this trap for Mr. Koon to fall into since 2016 and had admitted profit from it again and again. So tell us how much you had make from your killing instinct in JAKS and how much your syndicate had paid you for your dirty job. Have you books your dream car Roll Royce or a personal yacht.
Qqq3 posted>04/12/2018 23:38 liang....they say life starts at 60....maybe mine really starts at 60......some more live updates...... Yes life start at 60 for you, finally after living a low life for so many years you have found your big break from Mr. Koon so now you can enjoy your life to the fullness like a king. By the way talking about responsible writing your blog articles in i3 are the most irresponsible, deceptive, manipulation, hoodwinked, misleading, bullshitting, bad influence and should be consigned to sewage. So please leave i3 alone and enjoy your low life like Jho Low.
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....
Jon Choivo
3,668 posts
Posted by Jon Choivo > 2018-12-04 09:28 | Report Abuse
in the intelligent invester, ben graham used to have a chapter on shareholder activism.
But he removed out the chapter because he just didnt see how investors will ever be motivated to see their holdings as actual stakes in the company, and take on the required responsibility.
When just selling the shares, or not buying is so easy.