Posted by Philip ( Write To Me If You Need Help) > 2020-03-26 13:19 | Report Abuse

Looks like we are turning the corner, stock market is up big.

Posted by qqq33333333 > 2020-03-26 13:57 | Report Abuse

yes it does look like have turned a corner....

Posted by qqq33333333 > 2020-03-26 14:03 | Report Abuse

some say buy wonderful business but wonderful business never fun to trade

Posted by qqq33333333 > 2020-03-26 14:04 | Report Abuse

fun to trade is never wonderful business

Posted by qqq33333333 > 2020-03-26 14:06 | Report Abuse

I give u an alternative..... Scib and Kpower are affiliated to a wonderful business but not wonderful as yet... and also fun to trade.

Posted by qqq33333333 > 2020-03-26 14:07 | Report Abuse

Scib and Kpower gave u the best recovery and earliest recovery..... good reasons for that

Posted by qqq33333333 > 2020-03-26 14:10 | Report Abuse

people think share prices of wonderful business first to recover.... but no. why Leh? because maybe there is no really wonderful business in Bursa

Posted by qqq33333333 > 2020-03-26 14:10 | Report Abuse

maybe all fake

Posted by qqq33333333 > 2020-03-26 14:13 | Report Abuse

market telling u a bottom has been found..... but the rally cannot and will not be led by blue chips..... the market has changed fundamentally

Posted by qqq33333333 > 2020-03-26 14:14 | Report Abuse

of course few can notice the changes taking place

Posted by qqq33333333 > 2020-03-26 14:15 | Report Abuse

traditionally market recoveries are led by banks and good wonderful businesses..... but this cannot be the case anymore

Posted by qqq33333333 > 2020-03-26 14:17 | Report Abuse

in the era of corona, every sector is damaged.

Posted by Sslee > 2020-03-26 14:17 | Report Abuse

haha,
someone already "sailang" or all in with K-factor stocks now trying hard for someone to buy high from his hand so that he can have some capital to trade again.

Posted by qqq33333333 > 2020-03-26 14:18 | Report Abuse

if your business is not damaged, it means u are not even in business

Posted by qqq33333333 > 2020-03-26 14:19 | Report Abuse

that is where is Scib and Kpower found their niche.... they really are not even in business

Posted by qqq33333333 > 2020-03-26 14:25 | Report Abuse

ss


don't like scib and kpower nevermind.........

i teach u how to fish, u can go fishing yourself..................

Posted by Sslee > 2020-03-26 14:26 | Report Abuse

https://businessfocus.io/article/133684/%E8%A6%96%E8%A8%8A%E6%9C%83%E8%AD%B0-%E8%8F%AF%E8%A3%94%E8%BA%AB%E4%BB%BD%E9%80%A0%E5%B0%B1%E8%BA%AB%E5%83%B920%E5%84%84-%E8%A2%81%E5%BE%81%E5%89%B5%E8%BE%A6zoom%E7%9A%84-%E9%80%86%E8%A5%B2-%E4%B9%8B%E8%B7%AF

This one doing very well

Posted by qqq33333333 > 2020-03-26 14:38 | Report Abuse

good wonderful companies never fun to trade...................so how?

Posted by qqq33333333 > 2020-03-26 14:40 | Report Abuse

then either stop trading,

or trade but trade to own strength , ....never pretend to be somebody u are not..................................

Posted by calvintaneng > 2020-03-26 14:56 | Report Abuse

YOU BETTER STOP THIS UNLESS YOU GOT MONEY LENDER LICENSE!!!

YOU CAN BE REPORTED

LICENSING OF MONEYLENDERS

5. Licence to be taken out by moneylender 5A. Application for licence

5B. Grant of a licence

5C. Duration of licence

5D. Conditions attached to licence

5E. Renewal of licence

5F. Requirement to display licence

6. Particulars to be shown on licences

7. (Deleted)

8. Offences 4 Laws of Malaysia ACT 400

http://www.commonlii.org/my/legis/consol_act/ma19511989233/

Posted by Philip ( Write To Me If You Need Help) > 2020-03-26 14:58 | Report Abuse

Sorry, I dont like those 2 companies, I have gone through it already. too manipulated.

>>>>>>>

Posted by qqq33333333 > Mar 26, 2020 2:07 PM | Report Abuse

Scib and Kpower gave u the best recovery and earliest recovery..... good reasons for that

Posted by qqq33333333 > 2020-03-26 15:00 | Report Abuse

philips............not for u lah............



for people curious to know why SCIB and Kpower..............

Posted by Philip ( Write To Me If You Need Help) > 2020-03-26 15:05 | Report Abuse

The agreements were structured as a bond holding agreement. Personal lending agreement. In either case, we have already used our 15 million to help very resourcesful individuals and hard working families from bankruptcy. The clarion call by the government forcing the banks to do the same thing(with 6 months moratorium of payment) is exactly the same thing I would do in their position (i gave them 1 year before paying me back, while I paid the banks first on their behalf).

I highly doubt I will get sued, as I am not earning a single cent, not making a profit, and taking all the risk by guaranteeing the payment to the banks on behalf of those individuals caught during the worst period in recent years.

In other words,

I would rather use 15 million to help malaysians, then put a single cent into your netx and buy 50% ownership of the company.

Netx is a trash company speculated by pump and dumpers like you.

You are a disgrace to christians.

And a lousy investor too.

FYI, I have made doubly sure that every borrower is able to feed and pay the salary of the hundreds of workers under them, and of course, every company that borrowed is of a strong work ethic and has a good strong long term future.

Unlike NETX and Calvin Tan.

>>>>>>

Posted by calvintaneng > Mar 26, 2020 2:56 PM | Report Abuse

YOU BETTER STOP THIS UNLESS YOU GOT MONEY LENDER LICENSE!!!

Posted by calvintaneng > 2020-03-26 15:08 | Report Abuse

THE END DOES NOT JUSTIFY THE MEANS

THINK ROBINHOOD OK TO ROB RICH HELP POOR?

YOU HAVE DONE ILLEGAL THING AND STILL WANT TO JUSTIFY IT?

Posted by Philip ( Write To Me If You Need Help) > 2020-03-26 15:11 | Report Abuse

Did you see Yinson revenue this quarter? that is no error. Lease for FPSO Helang started this quarter, profits and huge earnings to come soon, when billings are up.

>>>>>>


qqq33333333 in the era of corona, every sector is damaged.
26/03/2020 2:17 PM

Posted by qqq33333333 > 2020-03-26 15:35 | Report Abuse

yinson business model do not include US$ 20 oil...................


at his rate, they better off sleeping than doing business.

Posted by qqq33333333 > 2020-03-26 15:36 | Report Abuse

even sovereign debts like Brazil got risks..............

Posted by Philip ( Write To Me If You Need Help) > 2020-03-26 20:46 | Report Abuse

What cartoons have you been watching? What robbing rich? Came me one rich person I am robbing? You are fraud using church to collect money from families for your own nefarious purposes using the name of God.

Shame on you. When people call and need help you talk about useless brainless things.

What end justifies what means?

If we can help people to turn the corner and recover from corona viruse, then it is the right thing to do.

Unlike you leading people into NETX knowing full well they will not benefit from NFCP and it will be delayed until the crisis is over and economy can recover.

Just look at the stimulus projects announced for Sabah and Malaysia today.

Now is not the time for frivolous investments when many small companies lives are at stake.

NFCP?

Not
For
Calvin
Profit



>>>>>

Posted by calvintaneng > Mar 26, 2020 3:08 PM | Report Abuse

THE END DOES NOT JUSTIFY THE MEANS

THINK ROBINHOOD OK TO ROB RICH HELP POOR?

YOU HAVE DONE ILLEGAL THING AND STILL WANT TO JUSTIFY IT?

Posted by RKT999 > 2020-03-27 12:51 | Report Abuse

@ Philip

Could you enlighten us on why you think Scib and Kpower is over manipulated?

Posted by Philip ( Dr. Fauci my Hero) > 2020-03-27 15:23 | Report Abuse

I thought it would be very obvious. Microcap stocks with valuation of USD 25-30 million. With revenues and earnings with no historical basis of growing earnings and revenues jumping to incredibly high PE's with not so amazing results. Cash flow, debt, return on equity, contract awards all give indication of manipulation.

Those are the companies that I totally avoid. Not because it is not a money earner, but because illiquidity, small valuation and the lack of long term results are a recipe for trading that gives big results and bigger losses that cannot be predicted.

I don't know how to make money from stocks like these, so I prefer to keep to my area of competence.

Posted by qqq33333333 > 2020-03-27 15:29 | Report Abuse

Posted by Philip ( Dr. Fauci my Hero) > Mar 27, 2020 3:23 PM | Report Abuse

I thought it would be very obvious.
=========

we call it factor X............don't know what u call it..............

Posted by tlchiat > 2020-03-27 18:38 | Report Abuse

Hi Philip,
I have learnt a lot from your comments and blogs. I share your life philosophy of hard work,honesty, life time learning and knowledge sharing. Thank you.

Posted by Sslee > 2020-03-27 21:00 | Report Abuse

Dear Philip,
Since you are familiar with oil and gas O&M operation, can I ask you the following questions?

Refer SERBAK financial end 31th Dec 2018
Total workforce as at 31th Dec2018: 1,242
Q1: Total revenue: RM3.28 billion or revenue: RM 2.64 million per workforce is this possible for O&M?

For financial year end 31th DEC 2019
Cash and cash equivalent: RM 1,306,590,000
Loan and borrowing: RM 2,946,699,000
Net proceeds from Sukuk: RM 1,211,478,000
Q2: What is the purpose of fund rising from Sukuk to end up as Cash and Cash equivalent?
Q3: Do you know what Serbak going to do with cash hoard of RM 1,306,590,000?

Refer
https://klse.i3investor.com/servlets/stk/fin/5279.jsp?type=last10fy
Can a company doing RM 1,408 million in 2016 growth so fast to RM 4,528 million in 2019

Thank you

Posted by Philip ( Dr. Fauci my Hero) > 2020-03-30 20:20 | Report Abuse

Comparing 2 similar companies which I used to deal with in baker Hughes and Schlumberger in Labuan and Brunei

In the same period,

Schlumberger had 32.8 billion USD in revenue on 67,000 staff.

Baker Hughes did 22.6 billion USD in revenue on 49,000 staff.

For the same job scope of oil field services team. I would say it is very possible and reasonable considering Serbadk is a fully bumiputera team compared to European resources.

>>>>>>

Refer SERBAK financial end 31th Dec 2018
Total workforce as at 31th Dec2018: 1,242
Q1: Total revenue: RM3.28 billion or revenue: RM 2.64 million per workforce is this possible for O&M?

Posted by Philip ( Dr. Fauci my Hero) > 2020-03-30 20:53 | Report Abuse

In that same period USD MYR exchange rate went from 3.8 to 4.4. their growth went from 400 million USD to 1 billion USD in 3 years, which is not that much considering Schlumberger and baker Hughes both left qatar as per requirement from Saudi to continue doing business with them. So currently now Serbadk is basically having a monopoly there in terms of business ( their biggest growth market).

If you consider Malaysia devaluation, a ride in orders in USD denomination is not a lot.

Q3: Do you know what Serbak going to do with cash hoard of RM 1,306,590,000? 300 million USD is a cash hoard? Expanding facilities, buying equipment and getting a workshop ready, the money will disappear in a blink of an eye.

>>>>>>>>>>

Can a company doing RM 1,408 million in 2016 growth so fast to RM 4,528 million in 2019