Sslee shld talk abt myeg lah, hibiscus lah, aturmaju lah. Safer. Insas is like bjcprp, will be sleeping 10yrs,then e suddenly give you 200% return. So u wanna wait not. Thts a question to ask yourself.
Dear all, Just for your information: I told attendees that I keep 1/3 of my portfolio for dividend stocks, 1/3 deep value stocks (Benjamin Graham) and 1/3 for trading (Koon Bee stocks). Recently I learn from Philip Fisher to invest on growth stocks Pchem (more than 10% return now).
I welcome attendees by saying in life there are losers and winners and by spending RM 10 ringgit and take action to attend today Investment bloggers day, they are already the winners since they are open minded and eager to learn from all (Not like quack, quack, quack rather spend his RM10 in backline of Bukit Bintang for a blow job)
At the end I advice them currently O&G is the theme play, go trade some KoonBee’s and Calvintaneng’s O&G stocks but no “Sailang” or margin finance and must know when to front run Mr. Koon (Sell before Mr. Koon)
Curry Mee” is the starter appetizer (Koon already sold). Main course “Dayang”(Still goreng) by the next quarter result “Hibiscus” (next quarter should be better) will most likely the delicious dessert and then if you have some spare money invest some in INSAS before FEB 2020. (Warrant expired date and if Dato’ Sri Thong convert his warrant will trigger conditional MGO)
Dear Connie555, Thank you for your overwhelming enthusiastic support. By the way where are the 500 tins of seaweed keropok? Don’t tell me Jonny English eat all by himself. No wonder, everyone tell me he looks like just putting on another 10 kg. Hahaha.
Thank you P/S: Pity the PLP king miss the boat on Currymee and Dayang, no worry he can try his luck on Hibiscus or Naim.
Dear SALAM, On Hengyuan disadvantage: 1. Loans refinance execute on 5 Feb 2018. The loan is a combined long term/short term facility for USD 430 million. Interest rate at LIBOR +1.6 %. Exchange rate at 5th FEB 2018 is 1 USD 3.902 MYR. Hence need for exchange fair value loss if MYR weaken.
2. Do not own petrol retail outlet thus does not enjoy government price control fixed retail profit. http://www.theborneopost.com/2019/01/08/margin-revision-to-benefit-pet... In a statement by Finance Minister Lim Guan Eng last Friday, the government has agreed that the margin for petrol station operators be revised to 15 sen per litre for RON95 and RON97 petrol products and 10 sen per litre for diesel products. “This is an additional 2.81 sen per litre for petrol and three sen per litre for diesel, compared to the current rate of 12.19 sen per litre for petrol and seven sen per litre for diesel,” the statement also read.
3. Timing of crude oil purchased, seem like they are buying crude oil at wrong timing (each purchase range between 300,000 to 1 million barrels. Comparable more expensive then PetronM purchase price Brent Crude Oil. Will ask BOD to plot the date and price of Brent Crude oil purchase against the international Brent Crude Oil price chart.
5. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5964569. Separately, the Board of Directors approved an increase in funding of USD76 million for the Euro4M Mogas project (“Project”), bringing the total investment to USD211 million +/- 10%. Question for what purpose the addition funding of USD 76 million?
I really loss confidence on China man major shareholder run company, anyhow I will attend the next AGM and ask the hard/tough/fact finding questions. After that I do not feel confident to invest in any China man run company anymore.
Unless the boss is willing to strip the company naked and sell off all its asset, INSAS is NOT undervalued. As a minority shareholder, the NTA is almost meaningless. You can get better NTA value from HUAYANG, MYCRON, LIONIND, ULICORP...the list goes on. Low P/B normally means 1 thing, its lousy.
It is good hearing KYY sharing his successes in furniture stocks and VS, the stocks he picked in 2015. He made a killing. These stocks each gained a few hundred percents.
It might be of interest too to hear him elaborate a bit more on Jaks and Sendai. It appears to us on the outside that his one wrong call in Jaks wiped out all his prior successes. He had to sell his prized lands subsequently.
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....
ramada
3,955 posts
Posted by ramada > 2019-03-06 22:09 | Report Abuse
Insas? Oh my god.