I like Kheesan as there is little competition in its Mint Plus Sweets.
However, our Friend KcchongNz has found London Biscuit Management questionable. The Same Bosses are also major owners of Kheesan. So making some and leave early is a wise decision.
The Guy whom I bought Super with also bought into Kheesan and caused a price rise.
While Kheesan is a growth stock this Kbunai is not.
Kbunai is a turnaround deep value stock. More patience is needed here. But I think it will be more rewarding for Value Investing.
This past few days I have seen many stocks I like being sold down.
I am still watching out for bargains thrown out together with the Slaughtering of those caught in ACE traps.
It will be a roller coaster for many this month of May.
I think Kbunai & other 11MP stocks will be well supported by May 21st 11MP Official Announcement.
My First Criteria is to buy low. And then average down.
I bought kbunai at 6.5 cents. I try to get it at 6 cents. But there were 14 million shares blocking at 6.5 cents. I am happy to buy a little more today at 7 cents.
I follow my own principle in investment
HE THAT IS LOW NEEDS FEAR NO FALL
Once a counter is on fire like Super, Opcom, Ipmuda and others I no longer encourage others to chase.
I like UEMS & MULPHA Both because of their undervalue Land banks in Iskandar.
UEMS Lands are Valued at RM5.40 per sq ft
Mulpha Leisure Farm Lands are Valued at RM8.40 psf
UEMS Was Sold down today. What could be the cause?
1) Both Maybank IB & Spore Press gave impression that there is a Glut in Iskandar. But the Picture is lopsided and inaccurate.
It only concerns High End Condos. For UEMS it has lots of Commercial & Industrial Lands. Ascendas Tech Park, Motorsports City, China Dragon Mart are now being built. SILC Industrial Properties by UEMS Are selling like hot cakes.
So the news are not accurate.
Yesterday at JB High Court a medium cost 2 storey house went for auction. Reserved price was RM160,000. Final bid price RM240,000
One of my Investors bought a similar house here last year for only RM142,000 through auction. So landed properties are still doing very well in Iskandar.
2) Sold Down by EPF & switched to CMSB. Because EPF knew HSR will be delayed but 11MP CMSB will get Pan Borneo Highway projects?
In any case I look forward to add more on UEMS Weakness.
Don't buy all at one go. Just buy a little by little on weakness.
For the next 8 days I am looking forward to 11MP
Coldrisks
I think FACBIND Boss is more aware of the cash flow problem than us. Just leave it to him to manage.
Yes Directly or Indirectly both scable & HSL will also benefit from 11MP as they are Sarawak based
I have selected CMSB, KKB, Naim, Weida & Kbunai because of their High NTA as a Margin of Safety. Naim, Weida & Kbunai have Solid NTA Backing while CMSB & KKB Are Market Favourites during 5 Year MP for ETP
There are professional valuers, big investment companies they have experts, they know the true value of Kbunai, if Kbunai is worth as much as calvin, it wont be 7 sen today, those people already know something is very wrong, they know those land are not worth anything. That is why they are not buying kbunai.. only calvin, thinking he is smarter than those professionals who has access to inside information of kbunai. Calvin can only wish for this and that, imagine this and that, but reality is kbunai is sinking... they have never make profit, kept on losing money and kept on issuing more shares to survive. They have reach almost the limit now, at 7 billion shares with their revenue cant even touch 80 million a year and loss making... they are doomed.
of cos big investors were buying up focal, prkcorp and etc...that's why all the shares goes up and not go downwards. It only take a very short time once they discover SPSETIA take-over of Focal before it shoots up, it only take a short while for PRKCORP to shoot up once integrax ports were ready for operations.. BUT calvin is buying kbunai for the sake of its land, those land has been there for donkey years and if those lands are good, kbunai share price would have gone up but it keep on dropping. Something is very wrong.
watch out people, kbunai is a loss making company, never makes profit. once it announce a big loss, it may even go into PN17. once PN17, kbunai will crash to 2 or 3 sen... then may even get suspended and delisted, you may even lose all your money. IS it worth the risk ? so many other counters to buy why risk on such a dangerous company.
there are also many investment house buying at that time when EPF was clearing their position. IF nobody buy, u think PRKCORP can rise to current price.
you are buying prkcorp bcause you think its NTA is high BUT the reality is PRKCORP rise is because of its port monopoly operations, without the port monopoly operations.. all the NTA from land valuation are useless. If Kbunai also have port monopoly license... then I agree that Kbunai is worth buying, but kbunai has nothing.
I caught you Show. You are speaking nonsense. After I bought Perak Corp in 2006 at 60 cents where got buyers? In fact Perak Corp crashed to a low of 40 cents only.
people has been buying Perak Corp even before it drops to 60 sen , a lot of people know about Prkcorp long before you know it. People were undecided back then because not sure their port operations will make money or not. Once port operation was proven to be profitable, PRKCORP Starts to move up. Has kbunai show any profitablilties ? None... if you depend on 11 MP for kbunai to go up, just look at the vol.. just few days away, still no vol.. means nothing lah, if got surely insiders would have been buying already.
you know calvin, last time when I first come to this website, I saw you writing about BJCORP and GSB, both seems like got some potential, so I thought wow.. maybe this guy is worth following. BUT suddenly to my horror kbunai come out from calvin mouth, all my good impression of him gone immediately. The more calvin promote kbunai, the more low he has become.. we all know kbunai has no more hope, it is game over long ago, just waiting to go bankrupt.
I thought when the price of GSB hit a recent high of 14 sen, Calvin said it is heading to 18 sen but after that it retreated quickly. Today is chopping cheap 10.5 sen. Calvin is correct at KHEESAN, SUPER, but fatally mistake because he overestimates GSB.
Still, if you buy KHEESAN(50 sen): SUPER(RM 1.20): GSB(14 sen) in 1:1:1 ratio You still make average 78% profit in 7 months.... argh, GSB..... =
I loaded up on Perak Corp at 60 cents in year 2006. I told all the remisiers I know in Johor to buy. None were interested ar all. Then I called Mr Lee of Public Auto in Sri Manjung to buy. Mr Lee then called his remisier in Perak about Perak Corp. Theyflatly told him not to buy Perak Corp as it is quite useless.
So near yet so far. None of the remisier from Perak also interested in Perak Corp. Then next year after Perak Corp has crossed Rm1.50 from 60 cents(up 150%) only then Mr Lee phoned me how Perak Corp now can buy at Rm1.50 because of good results.
Ha! I sold all into strength on the way up when others turned bullish.
This is Mr Lee phone 019 5556016
Boss of Public Auto
He sells good quality cars in Sri Manjung near Lumut
this counter has take-under risk, not take over.. in other words, the management is happy to hold on its land bank and does nothing while the company is bleeding capital for the next 10 years (based on its equity of RM 871 million including reserves of about RM 220 million, the company can handle losses of average RM 87 million per annum for 10 years before it falls into PN17).. if and when, the management receives an attractive offer or attractive JV proposals for its land bank, the owner who already owns 68% would pay a little premium to its shareholders to privatise the company.. the company history shows that the owner had tried to shallow up bukit unggul land at forced sale price in 2011 but was unsuccessful.. the possibilities are high that the owner would do it again..
To be fair to Calvin, his recent `promotions' on Kbunai hinges on Najib this time around fulfilling his promise to help develop the resort, a promise he made in 10MP. If one looks at the price for the last 5 years, currently at 7 sen,it is already at near bottom (6 sen). Under the circumstances, it may be worthwhile taking a punt, but don't be greedy by throwing in your kitchen sink as well. Also, Tengku Faisal didn't mention Kbunai as a pump and dump counter.
fittings of holiday sea side resorts will depreciate much faster because of the salty air, very easily rust... we can expect kbunai to suffer bigger loss as more fittings are growing older. Some of you may think 7 sen is worth a punt but a company with such a huge number of shares, will very hard to move up. BUT very easy to fall if bad news is announced.
Loss and more losses during property boom time. What to expect when property slowdown like this year? Even higher losses. Dustbin stock likely for Kbunai.
FOR GOOD AND FOR BAD, MY GIRL BOUGHT ALL 6 COMPANYS IN EQUAL RATIO
SO COST OF INVESTMENT = RM 120,000 , RM 20,000 IN EVERY COUNTER YOU RECOMMENDED.
SEE WHAT WILL HAPPEN AFTER 11 MP ANNOUNCEMENT. I DON'T MIND IF KBUNAI FAIL WHILE OTHERS ARE UP.
CALVIN TAN ENG H YOU ARE GAMBLING YOUR DESTINY AND REPUTATION. IF THREE OR MORE OUT OF SIX ARE FAILING, CALVIN TAN WILL LOSE CREDITABILITY FOREVER.
HOW EVER IF FIVE OR SIX OUT OF ALL SIX COUNTER UP, CALVIN CAN STILL BRAGS.
REMEMBER: CALVIN DID NOT ASK YOU TO PUT MORE THAN 15% OF YOUR TOTAL $ IN KBUNAI. IN THE EVENT OF A FAIL OF ANY COMPANY, PROVIDED OTHERS ARE GAINING, NOTHING WRONG. THIS IS G
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....
MAMEE MONSTER
428 posts
Posted by MAMEE MONSTER > 2015-05-13 21:33 | Report Abuse
calvin, how about this: http://www.themalaymailonline.com/malaysia/article/german-banks-seek-early-repayment-of-1mdb-loan-could-trigger-default-on-rm4