1 person likes this.

66 comment(s). Last comment by SincereInv 2021-08-15 15:08

qqq3333

2,263 posts

Posted by qqq3333 > 2021-08-13 17:04 |

Post removed.Why?

qqq3333

2,263 posts

Posted by qqq3333 > 2021-08-13 17:13 | Report Abuse

the most basic, the most fundamental issue is.......steel got demand meh? bad debts among steel players will kill them already if nothing else will. The more they sell, the worse it becomes.

qqq3333

2,263 posts

Posted by qqq3333 > 2021-08-13 17:16 | Report Abuse

stock punters remain stock punters. cannot stop and cannot change. make more lose more is the only ending.

i3lurker

14,421 posts

Posted by i3lurker > 2021-08-13 17:21 | Report Abuse

thats why the smart people point with 10 fingers and 10 toes so that nothing points back.
start jumping too.....

just go see more Chinese ghost movies

Posted by Sslee > Aug 13, 2021 1:54 PM | Report Abuse

Just remember when you point a finger at someone, there are three fingers pointing back at you.

qqq3333

2,263 posts

Posted by qqq3333 > 2021-08-13 17:22 | Report Abuse

the whole country is suffering, stock punters go and punt steel stocks as if nothing is happening, no covid, no one is suffering.

stock punters live in their own little world.

qqq3333

2,263 posts

Posted by qqq3333 > 2021-08-13 17:36 | Report Abuse

steel counters and hard assets like steel manufacturers are the worse place to put money.

a lot of local funds with a lot of cash are finding it hard to invest logically and professionally on a value/ earnings PE basis. The traditional link is broken and systematic risk is high.

what remains is technology shares that still attract local funds to park their money that they have to invest.

hard assets like steel shares? this is only for stubborn people., unrealistic people, people divorced from reality.

Tiger66

1,902 posts

Posted by Tiger66 > 2021-08-13 17:49 | Report Abuse

Old man has no idea and clueless, pi mai pi mai back to hiaptek. His golden rule cannot pakai already.

Sslee

6,831 posts

Posted by Sslee > 2021-08-13 19:01 | Report Abuse

About 1 year ago, when I posted my article about my cut loss sale of Jaks.

KYY even cannot recall when he sold JAKS.

https://klse.i3investor.com/m/blog/koonyewyinblog/2018-12-08-story185767-JAKS_My_Most_Expensive_Mistake_Koon_Yew_Yin.jsp

JAKS - My Most Expensive Mistake - Koon Yew Yin
Author: Koon Yew Yin Publish date: Sat, 8 Dec 2018

Based on our average selling price of 80 sen, our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me.

Sslee

6,831 posts

Posted by Sslee > 2021-08-13 19:05 | Report Abuse

Haha i3lurker,
I actually use my thumb to point at people so that four fingers pointing back at me.

Posted by straightarrow > 2021-08-13 19:09 | Report Abuse

Sifu OTB said wait till Sept 2022 to see results

CharlesT

14,951 posts

Posted by CharlesT > 2021-08-13 19:19 | Report Abuse

Posted by Sslee > Aug 13, 2021 7:01 PM | Report Abuse

About 1 year ago, when I posted my article about my cut loss sale of Jaks.

KYY even cannot recall when he sold JAKS.

https://klse.i3investor.com/m/blog/koonyewyinblog/2018-12-08-story1857...

JAKS - My Most Expensive Mistake - Koon Yew Yin
Author: Koon Yew Yin Publish date: Sat, 8 Dec 2018

Based on our average selling price of 80 sen, our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me.

U r now officially No 1 Fan of KYY.....U defeated me....

trum

7,640 posts

Posted by trum > 2021-08-13 19:26 | Report Abuse

Muka tebal. Apa boleh buat?
My son sikit buat salah pun dah malu.

qqq3333

2,263 posts

Posted by qqq3333 > 2021-08-13 19:34 | Report Abuse

hard assets vs soft assets...........

soft assets remains investible because there are lots of stuffs can still hope.....and imagine....


hard assets? hard assets like steel companies, no room for imagination, too transparent, too ugly and too uninvestable.

OTB

11,534 posts

Posted by OTB > 2021-08-13 19:50 |

Post removed.Why?

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-08-13 20:25 | Report Abuse

Mr Ooi, with all due respect… just don’t comment anymore re your story with him. Smart folks will wade thru the mud. Your rep is not important. Most investors/traders have a brain

Let it be. Make money. Contact/advise your clients privately. Forget this forum. IGNORE

OTB

11,534 posts

Posted by OTB > 2021-08-13 20:31 | Report Abuse

Dear anthonytkh,
Thank you for your advice.

Posted by straightarrow > 2021-08-13 22:01 | Report Abuse

sifu OTB need to defend himself against all these people telling lies against him.

Posted by straightarrow > 2021-08-13 22:06 | Report Abuse

Foreign investors reading this tread has to understand what is the truth.

RJ87

5,134 posts

Posted by RJ87 > 2021-08-14 01:17 | Report Abuse

KYY, can share the content of OTB email to substantiate ur accusation?

U 2 how old already? Still need public approval as if u r presidential candidate?

If I am at ur age. I rather make more friends than enemy. Afaik, i probably dont have many left.

Tobby

7,397 posts

Posted by Tobby > 2021-08-14 01:33 | Report Abuse

I have warned OTB for the longest time not to trust Grandpa Koon! But i guess he admired Grandpa Koon buddha's ear so much that such advise gone to the drain! However, only recently OTB unfriend Grandpa Koon!
They say becareful keeping snake as a pet, she may bite your bite out of love! Or hate!
If you see a snake standing beside Grandpa Koon, you better whack him with that snake! At least you kill 2 old nasty with a single stroke!

Posted by KingKong_Doll > 2021-08-14 08:09 | Report Abuse

After so many round of promotion, the price still hovering this level. Unless uncle pump in money, there wun be much upside but if uncle decide to leave the table, i wonder what happen, which eventually will happen.

As he already said "to help ourselves and investors make more money from the stock market". See the keyword there? ourselves and then oni investors. So u all panlai panlai le

Jack Khan

1,296 posts

Posted by Jack Khan > 2021-08-14 09:37 | Report Abuse

Hello both of your age add up almost 150years old! Stop attacking each other! We would like to listen to both side there is no right or wrong!

OTB

11,534 posts

Posted by OTB > 2021-08-14 10:49 |

Post removed.Why?

abang_misai

2,573 posts

Posted by abang_misai > 2021-08-14 13:06 | Report Abuse

Both otb & KYY sama saje. To make money, don’t trust anyone.

OTB

11,534 posts

Posted by OTB > 2021-08-14 14:53 |

Post removed.Why?

OTB

11,534 posts

Posted by OTB > 2021-08-14 14:57 | Report Abuse

Posted by KYYsucks > Aug 14, 2021 2:53 PM | Report Abuse

Dear OTB, KYY bad mouth u. surely u won't let him do this to u. reply him.
---------------------
No more relationship between us, I do not wish to reply to him.
I will run far ... far ... away from him.
I will ignore him totally.
Thank you.

abang_misai

2,573 posts

Posted by abang_misai > 2021-08-14 14:58 | Report Abuse

haha. u managed people fund. When there is a good opportunity, you used your fund to buy first and use clients' funds to buy at higher price.

When things turn not quite right, you sold your shares first and sell your client shares at lower price.

I have heard lots of complaints from your OTB's client.

OTB

11,534 posts

Posted by OTB > 2021-08-14 15:10 |

Post removed.Why?

abang_misai

2,573 posts

Posted by abang_misai > 2021-08-14 15:20 | Report Abuse

ok noted

Posted by OTB > Aug 14, 2021 3:10 PM | Report Abuse

You are not my client, hence you have no right to complain here.

According to rumour, I heard abang_misai cheated a lot of girls.
He also steals money from his neighbour (Rumour only).

Heard is not proof, I also heard but I dare not confirm.
I said it is rumour only.

stockwin

285 posts

Posted by stockwin > 2021-08-14 15:29 | Report Abuse

Uncle KYY and OTB, now that both of you are on the same page, no need to fight already. [ Of course after KYY agreed with OTB that Hiap Teck is a miss universe stock ]
Keep promoting with new info until RM1, then we will sell.

abang_misai

2,573 posts

Posted by abang_misai > 2021-08-14 16:27 | Report Abuse

Haha. Otb so childish. What i said is true story from your client who pissed off with the way you managed.

abang_misai

2,573 posts

Posted by abang_misai > 2021-08-14 16:36 | Report Abuse

I don't blame you OTB. That what the normal fund managers will ro.

If the shares are so good, surely we use own money to buy first. Buy early means we buy at cheaper prices. Then, if we deploy our client money to buy the same shares, often at higher prices.

If it drops, we can use clients money to buy to support price. If things turn sour such as bad results, of course we will sell our own share first then followed by the shares owned by clients often at lower prices.

That's normal and ok because clients do not know this trick

Posted by SpartanXoXo > 2021-08-14 16:42 | Report Abuse

sdfsdf

OTB

11,534 posts

Posted by OTB > 2021-08-14 17:01 |

Post removed.Why?

Posted by straightarrow > 2021-08-14 17:06 | Report Abuse

Defamation of character and reputation of a person is bad.

AbangM, if your fren feels shortchanged, then don't park his money with OTB or any fund manager. It's his prerogative. Like buy and sell is individual prerogative.

OTB

11,534 posts

Posted by OTB > 2021-08-14 17:08 | Report Abuse

I produced > 50 millionaires in 2020.
Please check out my performance before you attack me again.
Thank you.

mrbusiness

206 posts

Posted by mrbusiness > 2021-08-14 17:29 | Report Abuse

@abang_misai, the accusations are very serious and reputation damaging. If your friends have evidence, please go make report. If no proof, it is better not to accuse openly.

PS: I am not robot or machai of OTB :)

OTB

11,534 posts

Posted by OTB > 2021-08-14 17:41 |

Post removed.Why?

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-08-14 18:34 | Report Abuse

Some successful persons fear other persons will progress (and not necessarily succeed)

Mr Ooi, just let it go. Your rep is intact with some. Koon’s rep is intact with some also

Both you, Koon and many many others think they have a “rep”

Not to me. I just go “Meh”

I want to make money w/o being influenced by anyone. I didn’t buy Hiaptek not bcoz of Ooi or Koon but bcoz I hv a brain

Too often, in this Internet age, the ability to flaunt an opinion crushes the ability to weigh one

Posted by SincereInv > 2021-08-15 10:32 | Report Abuse

In the beginning both O & K joined together for mutual benefit as both parties objectives are being fulfilled. That is fine under the share market bull run scenario but as market turned south things are beginning not looking that rosy. Then their relationship become K & O....
15/08/2021 10:26 AM

Posted by SincereInv > 2021-08-15 10:32 | Report Abuse

Human in general usually tends to only remember others fault & wrong ...
Be graces ... be happy....forgiving & peace will be with you

Posted by Chrixg10 > 2021-08-15 10:37 | Report Abuse

So what if the price of glove drops and there's oversupply? Is there still strong demand for gloves today and in the future? Are companies like supermax still making good profits? They even make more than tech companies with a 30 to 40 times P/E, and yet glove companies P/E is only 3 to 4 times. Is the market making any sense? Market price is based on sentiment, not on the company's fundamental value.

mrbusiness

206 posts

Posted by mrbusiness > 2021-08-15 10:39 | Report Abuse

@Chrixg10, I think the stock price depends on future and theme. I believe everyone will agree that pandemic will be over soon. Hence, the funds leave glove counters..

mrbusiness

206 posts

Posted by mrbusiness > 2021-08-15 10:40 | Report Abuse

So in future, we will see the demand for glove is reducing and selling price is dropping

RJ87

5,134 posts

Posted by RJ87 > 2021-08-15 11:30 | Report Abuse

Wait, I help u ask Uncle KYY for proof. =D

KYY, can share the content of OTB email to substantiate ur accusation?
--------------------
Answer :
1.) I never attack any person in any public forum.
2.) I never attack Mr Koon whether his buy/sell call is correct or not, but Mr Koon keeps on attacking me on my sell/buy call, this is not good.
3.) Mr Koon had done these attacks many times in I3investor.com and also his blog.
4.) Why is he so personal to attack me all the time ?
5.) I did not answer, does not mean that I am wrong.
6.) I keep quiet to give him a chance to think it over.
7.) I keep quiet as a matter of respect.
8.) He has abused it.

Please show me the proof that I had attacked Mr Koon first.
Thank you.

RJ87

5,134 posts

Posted by RJ87 > 2021-08-15 12:21 | Report Abuse

Look up on this guy Chris Voss. He says that people who explain too much is more likely the one lying.

1) I don't know if you are lying. But u certainly do respond like one.
2) Do you know what's the problem with people in their 80's? Like a product, end of life. Reminiscing their glory days and struggling to maintain control and influence. If you respond the way he wants, you are making him ur master. For all I know, he is actually grateful to you for giving him the attention he wants.
3) How do you know if a person has aged gracefully? He enjoys exchanging experiences. When engaged by a 20's. He will ask how's life of a 20's now and in return, he will share how a 20's 60 years ago like. Neither is better than the other. It's just different.

Spend sometime reflecting on your own emotion responding to each "attack". How do you feel? Do you feel good? How much time you waste feeling bad? There are just bad people out there that derive satisfaction from people's misery. I don't know about you. I have 60 years ahead of me. I don't plan to let anyone to make me feel bad nor giving them that satisfaction making me feel bad. All that i'm gonna do with people like that is IGNORE AND NOTHING.

Like how Michael O'Johnson continue to run herbal life ignoring Bill Ackman and his slander. At the end, Bill Ackman lost 1 Billion after few years shorting herbal life. As long as you are doing the right thing(assuming you are la ya), truth will prevail. Sooner or later.

OTB

11,534 posts

Posted by OTB > 2021-08-15 12:51 | Report Abuse

Posted by SincereInv > Aug 15, 2021 10:32 AM | Report Abuse

In the beginning both O & K joined together for mutual benefit as both parties objectives are being fulfilled. That is fine under the share market bull run scenario but as market turned south things are beginning not looking that rosy. Then their relationship become K & O....
15/08/2021 10:26 AM
-------------------
answer:
Your statement is not true.
Market up or down will not affect me.
I know KC Chongnz through I3, I know Sslee through I3 and many others through I3.
We never have problem even stock market was crashed.
We use to talk or communicate with each other in good faith.

We never attack good friends in public forum even we know that the facts and figures posted in the article are wrong.

Mr Koon should value me more than anyone else in I3 because I help him the most.
He requested me for help, I never turn it down all the time even at wee hours.
Those attacks in the last 1 month were not the first time, He had done it many times in the past.

It is his ego problem.
No more, I stop here.

Thank you.

Posted by SincereInv > 2021-08-15 14:14 | Report Abuse

Mr Ooi, thanks you for your reply. I got nothing against you nor your reply. Glad that you said what you want to say.

Posted by SincereInv > 2021-08-15 15:05 | Report Abuse

Few years back I have been on your list of subscribers for 2 years. I did follow some of your shares recommendation but its seem that its does not worked well for me. Maybe the timing is out...

Posted by SincereInv > 2021-08-15 15:08 | Report Abuse

KYY is my relative father in law's friend. He has been invited as a guest of honour sitting in host table at his children wedding dinner. I also happen to be there. This is the first time I saw KYY in person. I don't personally knew him but do admired what he has been achieved during his earlier day in term of wealth & career. Indeed it was a great achievement.

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