KARAMBUNAI CORP BHD

KLSE (MYR): KBUNAI (3115)

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6 people like this.

2,037 comment(s). Last comment by calvintaneng 2024-07-06 12:10

Posted by Penipu_Value > 2015-05-15 14:38 | Report Abuse

shit.... bought 7.0 sen and sold 7.0 sen ...... losing RM 20+ to remisers .......

sudahkena

1,804 posts

Posted by sudahkena > 2015-05-15 15:17 | Report Abuse

Ini teknik sudah old school... q sell at small volume n keep selling...

but still hope calvin is right. ....

ks55

4,222 posts

Posted by ks55 > 2015-05-15 15:48 | Report Abuse

1M SHARE TRANSACTED EQUAL 70K AND YOU HAVE TO DO IT FOR ONE WHOLE DAY.......
I PREFER TO SLEEP MAN......

show

331 posts

Posted by show > 2015-05-15 16:37 | Report Abuse

calvin is very happy because got big buyer queue...anyone who bought at 7sen can easily cut loss at 6.5sen, ready buyer .. hahaha

Posted by Penipu_Value > 2015-05-15 17:04 | Report Abuse

no lah, buy 7 sen, cut loss @ 7 sen also, just lose some brokerage fee


(y) >>>> sudahkena >>>>>Ini teknik sudah old school... q sell at small volume n keep selling...
15/05/2015 15:17

good shark teknik to que small sell and sell away slowly, remember during Dec14~Mar15,
they already collect alot @ 6.0 and 6.5 sen, now trying to offload 7 sen and employ some cibaykia like humsubzai to promote this

Posted by Penipu_Value > 2015-05-15 17:06 | Report Abuse

Seller keep pop out whole day, how dare you say got potential? pity that day did not bought 7.5 sen, like now, if sabar still can sell away @ 7.0 sen with the help of Calvin, before throw 6.5 sen terus.

PANIC

23 posts

Posted by PANIC > 2015-05-15 22:28 | Report Abuse

Hey,....!!!!!! Calvin goreng GNB yoh!!!!
Tat day I bought GNB @ 10.5 when I think I am panic...

PANIC

23 posts

Posted by PANIC > 2015-05-15 22:33 | Report Abuse

Maybe we need to wait Calvin habis goreng GNB, baru KBUNAI's turn?

PANIC

23 posts

Posted by PANIC > 2015-05-15 22:39 | Report Abuse

haiz.... 没想到是 GNB 先上 ......

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 02:58 | Report Abuse

Total shares 6 billions. Closing price as of now is 7 cents.

Total is only rm420 millions.

Just 1363 acres of Bkt Unggul lands if valued at rm1 million an acre.

It works out to be 1,363 x 1 mil = rm1.363 billions

This is enough to buy over all Kbunai shares and more than enough to cover ALL Outstanding Debts.

Then you get 1,500 acres of Pure Paradise Karambunai of Kinabalu Gold Coast for free.

Also 450 acres land near Kota Kinabalu For Free.

So Learn to See The Bigger Picture.

Not how many billion shares.

Phil Fisher says, "Everybody knows the price of a thing but not its value"

In Calvin Tan's words, " Everyone looks at the 6 billion shares of Kbunai but don't know how to calculate its immense value"

Knowing this happy discrepancy which the crowd is totally unaware Calvin and friends are happy to continue buying kbunai shares on the cheap.

show

331 posts

Posted by show > 2015-05-16 08:28 | Report Abuse

You can dream about getting your hands on that land because when kbunai gets delisted after PN17, the owner will grab all the land. For example.. fountain view used to have a huge tract of land in much better location, over 4000 acres of land in Puncak Alam Shah Alam,

When Fountain View was delisted, none of the land were sold to be given back to shareholder, even after nearly 10 years, shareholder still gets nothing. If those land are sold, easily pay back every single creditors and plenty of balance to share. But instead, Shareholder cant recover their money in fountain view shares, cant do anything with their inevested money in fountain view,

That is PN17 and delisted. Kbunai is going the same direction with their continued losses.

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 10:02 | Report Abuse

Good Morning,

Latest News in Singapore.

Tan Sri Liew of Ecoworld is in Spore to start a Gallery to promote its properties. Among them is Kota Masai.

Kota Masai of Focal Aims was sold down to 11 cents in Year 2009. Later Ecoworld took over Focal Aims at RM1.40. Ecoworld shares continue to surge almost near RM5.00 - up 4,500%.

Imagine a share that almost go into oblivion is now An International Darling?

The Precious Piece of Real Estate Called "KINABALU GOLD COAST" Will Someday be World Famous. By then Karambunai might sell for RM3.00 a share.

All things are possible As www.nexusresort.com lands are Far Superior than Those deserted Kota Masai lands.

anticonman

533 posts

Posted by anticonman > 2015-05-16 12:15 | Report Abuse

Loss and keep losing money is true for Kbunai. PN17?
http://klse.i3investor.com/servlets/stk/fin/3115.jsp

SinGor

4,920 posts

Posted by SinGor > 2015-05-16 13:13 | Report Abuse

Ham Sub Tea still first line of offence. If you charge to far, some of your comrade might mistaken
you as enemy (shot you on the back )

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 13:33 | Report Abuse

Understanding The Concept of ENTRY PRICE, VALUE, MARGIN OF SAFETY In KBUNAI.

Why has Kbunai Shares fallen to a low of 7 Cents? While CMSB, KKB, NAIM & WEIDA Are Over RM1.50 to Over RM5.00.

Precisely the Accounts show more losses than Profits through the years.

Since this is a Bombed Out Stock fallen so low. It has been all reflected in the price.

Question is. IS THERE VALUE IN KBUNAI?

I have already given the Value for KBunai 4 Major Assets. If Revalued they should be Up 10 x times.

KBunai is 7 cents with NTA of 15 cents. If its assets are Revalued its NTA Should leap to RM1.50.

So at 7 cents with RM1.50 Revised NTA - Kbunai Would Be Selling at A Huge Discount of 95% to NTA.

SO THERE IS DEEP VALUE IN KBUNAI.

Why The Need For High NTA As A Margin of Safety in Investment?

Also What is Land Banking?

All Coming Soon to KBunai Forum Soon.

So Stay Tuned....

To be continued.....

Million

3 posts

Posted by Million > 2015-05-16 13:42 | Report Abuse

If you think there is so much value in KBUNAI, why you just clear up all the 7.0 sen sellers?

Million

3 posts

Posted by Million > 2015-05-16 13:43 | Report Abuse

Even the sleeping TIGER will double soon. surpass this KACAUBUBU

Million

3 posts

Posted by Million > 2015-05-16 13:48 | Report Abuse

Hi,

Question 1 for @SHOW
@show, please point out how you find the information about Fountain View having 4000 acres of lands. reference please. Thank you.

Question 2 for @SHOW
From the latest downloadable Annual Report (2009) of Fountain View, the directors and major interested already LARI, where none of the directors holding any shares of the company, compare to AH KEONG of KBUNAI, increasing his % holding of shares (not selling), noting this fact, how should you compare KBUNAI with FOUNTAIN ?

Question 3 for @CALVIN
@Calvin, please directly reply *show* regarding the 4000 acres of better lands of Fountain, where even delisted, never returned the benefit to shareholders. Does the risk exist in KBUNAI?

Question 4 for *Big Boys* who are watching in the background,
@Big Boys, I HATE YOU!!!!!!!!!!!!!!!!!

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 14:16 | Report Abuse

Million

I only remember those corrupt directors of Fountain View were fined RM2.3 millions for fraudulent trading. And Fountain View owned some really lousy lands in Ijok.
As for Kbunai the Boss who also Own FACBIND has been keeping all his shares. And FACBIND Has LOTS OF CASH After Selling Its Steel Assets.

CASH IS STILL THERE. And Since he has been consistent in keeping the CASH PILE Safe in FACBIND He Also Will Guard These Prime Assets of KBunai.

anticonman

533 posts

Posted by anticonman > 2015-05-16 15:39 | Report Abuse

Kbunai is high debt somemore property in Sabah. Which peninsular people want to stay there?

SinGor

4,920 posts

Posted by SinGor > 2015-05-16 16:11 | Report Abuse

Just talk to a politican about Sandakan kidnapping, he said most likely Najib will spend more money in buying military helicopters (search & destroy Or Search & rescue ) and improved
telecommunication networks around Sabah Waters.
It is pointless to invest in tourist related activities IF another and another Kidnappings happened
within a year. Kbunai in trouble.

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 16:25 | Report Abuse

HIGH NTA AS A MARGIN OF SAFETY & LAND BANKING

In Deserts They Use Camels as a form of transport.

A camel can afford to take one long drink of water and then walk through the desert for a whole day or more without need of another drink. The camel also has a hump on its back to store up fat which will be used in times of emergency. Other animals are ill equipped to cross the desert.

Companies that are not making money, or have debts or even face momentary troubles MUST HAVE HIGH NTA AS A MARGIN OF SAFETY.

Example. If both the father and mother have no gainful employment in a large family of say 6 people. They Need a Large CASH RESERVE TO SURVIVE.

CASH Can be in the Form of

PURE CASH
CASH IN BANK (Usually FD)
Or Gold
Or Even Assets Like Real Estates which can be Sold for Needed Cash

That's Why Buying Companies like KBunai, Mui Bhd or Mulpha We Need HIGH NTA. High NTA Is Provide A Margin of Safety. THE MORE ITS NTA THE MORE THE MARGIN OF SAFETY.

Some Camels Have 2 HUMPS Instead of One.

For Consumer Staple Stocks Like Nestle There is NO NEED For High NTA. Then Where is the Margin of Safety for Nestle.

In Milo Of Course. More than 90% of Malaysians prefer Milo over Ovaltine. And same for MAGGIE MEE. These Perennial Daily, Hourly and Sales by the Minute of MILO & MAGGIE ARE THE MARGIN OF SAFETY IN NESTLE.

It's like this.

You live Near a Well, Pond or Lake.

Or You Live Beside A BIG RIVER Like the Nile River. Or The Amazon River.

Either way you have A Margin of Safety.

Kbunai has a margin of safety in its highly undervalue assets still at Old Book Value. If just disposing the Bkt Unggul near Sepang all the debts will be taken care of with lots to spare.


Now the 2nd point. LAND BANKING

In year 2007 to 2014 I have seen more than 10,000 houses in Iskandar.

Especially in Year 2007 to 2008 I saw these going for auction at JB High Court. Really Dirt Cheap Prices

1) One 10,000 Sq Ft High Top Bungalow in Bkt Dahlia going at RM220,000
2) One Duplex Condo in Ockville Bandar Sri Alam. Price RM79,000. Original cost RM500,000
3) 2 Units Sri Alam Condo sold for RM50,000 each (Today over RM300,000)
4) One Corner House with 4,484 sf land in Jalan Undan Taman Perling going for RM240,000
5) 2 Acres Land in Ulu Tiram for RM50,000 (About 57 cents per sq ft)
6) 2 Acres of Land in Jln Kuching at RM120,000 in Gelang Patah. Now worth RM2 millions
7) 8,000 sq ft land in Jln Belimbing, Kota Masai auction for RM40,000. About RM5 psf This same type of Bungalow now asking price by EcoWorld is RM45 psf (Up 900%)

And Many others All at Rock Bottom Prices.

After 7 years I still pass by these assets bought by lucky owners from time to time. And the surprising thing is. These are still left to rot.

These owners are still liable for quit rent and assessment yearly. So they are bleeding losses?

Ha! They don't bother about the losses! Why? What is a few thousand dollars in quit rent when Prices have gone up from 600% to 1,000%?

This is How You Should View Karambunai.

What is a few million debt if ASSET VALUES HAVE BALLOONED TO RM9 BILLIONS!

Many People are Doing Land Banking in Iskandar

So We Are Doing Land Banking by Buying Kbunai for Its Undervalue Assets.

Warren Buffet was once asked about Real Estates Investment.

Why Invest in Real Estates When Stocks Are So Easy? That was Warren's View,

I think I agree with Warren Buffet.

Posted by CalvinShow > 2015-05-16 17:06 | Report Abuse

Calvin Tan Eng said:
...

This is How You Should View Karambunai.

What is a few million debt if ASSET VALUES HAVE BALLOONED TO RM9 BILLIONS!

....

________________________

Now I find this Calvin is really suspecious.

From latest quarterly reports: (go and read further --- period of Oct-Dec 2014 QUarterly report)

Deferred taxation 238 MILLION, what is this? this amount carried many years!
Payable and accur327 MILLION, what is this Three HUNDRED Million or Three Million?

Total Liabilities 641 MILLION, NOT 6 MILLION

CALVIN SAID ****... What is a few million debt... ****

You understate the liablities by 100 times. CALVIN

SinGor

4,920 posts

Posted by SinGor > 2015-05-16 17:10 | Report Abuse

Calvin is doing the Sandakan kidnapping of Kbunai investors. Ransom Kaw-Kaw

leno

6,167 posts

Posted by leno > 2015-05-16 17:16 | Report Abuse

Kbunai goreng stock ... who like eat goreng food can goreng mar ... For those like eat healthy delicious food then should collect Prkcorp lor ... this one veli veli healthy ... big syndicate goin to whack soon ... tick tock tick tock .... Prkcorp CantEEEKKKKKKKKKKKKK !!!

anticonman

533 posts

Posted by anticonman > 2015-05-16 17:26 | Report Abuse

If nobody want to buy my RM2 million house can I get the money to clear my debts? In the meantime I must feed those staying in my house even no income.

anticonman

533 posts

Posted by anticonman > 2015-05-16 17:27 | Report Abuse

Similar with Kbunai their land may worth a lot but question is who want to buy in remote area?

SinGor

4,920 posts

Posted by SinGor > 2015-05-16 17:28 | Report Abuse

PRkcorp listed long time ago. Why goreng now? Remember 1.0 ringgit stock or 60 cents

anticonman

533 posts

Posted by anticonman > 2015-05-16 17:40 | Report Abuse

If Chen Lip Keong is sole owner of Kbunai he can wait but how about his employees who need salary every month?

Posted by CalvinShow > 2015-05-16 17:51 | Report Abuse

Calvin said WAIT UNTIL MAY 21, THEN A BIG SHOW IS GOING TO RUH

EITHER ▲ .... OR ... ▼

While we prefer ▲, since this stock can not be shorted,
but the big boys *CAN*.... with just less than 0.3% of issued shared,
KBUNAI can ▼ 1 sen as well as ▲1 sen.

Those who bought 7.5 sen, the day when SUDDENLY CALVIN TAN ENG shout BUY BUY BUY...
see hor... now is 7.0 sen, also need patiently to get rid of it else just directly sell to the ready buyer 6.5 sen.

Just like AYAM TUA and FAM JENNY with *hidden* WAHAHA126 who
MANIPULATE(?) the GLOTEC price.

@8.0 sen, Ayam Tua said "Pasti Tuju Langit --- GLOTEC"
@7.5 sen, lagi said "PASTI TUJU LANGIT''
@7.0 sen, "PASTI TUJU LANGIT!!!!!"
@6.5 sen,.... see what that AYAM TUA,

even if he keep his HEXZA tightly that he bought 65~70 sen, still can be sold @ 85 sen now,

AYAM GAIN PROFIT IN HEXZA,
BUT HIS GREED AND STUPIDITY ERASE HIS PROFIT VIA GLOTEC.

Posted by CalvinShow > 2015-05-16 17:53 | Report Abuse

GLOTEC☻PASTI TUJU LANGIT →→ became a stupid slogan made famous

Posted by CalvinShow > 2015-05-16 17:56 | Report Abuse

Stupid AYAM TUA @ GLOTEC, down 20% from 8.0 sen.

anyone bought AIM @ 20 sen, few days ago? Can be sold @ 25 sen @ ready buyer yesterday.
This one had really UP 20% sen.

But I don't advocate you all to chase AIM, just use it as a counter example to GLOTEC
Even K1 may tuju RM 1.00 from 60+sen now, while the poor GLOTEC & KBUNAI holders still
CONNED BY AYAM TUA & CALVIN TAN ENG, respectively.

eric_b7b

2,120 posts

Posted by eric_b7b > 2015-05-16 17:57 | Report Abuse

situpid ayam?


kikikikiki

citylight

23 posts

Posted by citylight > 2015-05-16 18:02 | Report Abuse

you can't expect a long term losing company to turn into profit for the coming year or next 5 years. dun waste time.

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 18:05 | Report Abuse

All are welcome to share your views.
Welcome! Welcome!
The more the merrier!

And Nice to see Leno the Clever cat appear again.

Perak Corp?
Wah! Very nostalgic.
I made so much from Perak Corp that I just dump the profit into buying one house for cash in year 2007. Wahaha!
At that time Perak Corp was 60 cents. Whoa! It costs me 60 cents a share of Perak Corp.

Never mind I sold all on the was up.

Now Kbunai? How much must I pay?

Only 7 cents? Wah! That's really cheap!

Is it for real only 7 cents for Kbunai now?
Wow! Nobody question Calvin, "Was it for real Perak Corp was sold for only 60 cents in year 2006?"

Wahaha!

On both sides are differing opinions!


One door and only one

And yet its sides are two

Inside or outside

On which side are you?

I have Chosen Kbunai!

See whether I make gain or losses.

Clever or sor chai?

Yet to be seen

How a nice good afternoon from Jurong West, Singapore


Yahooooooo!

Posted by CityGirl > 2015-05-16 18:06 | Report Abuse

I am the shadow of Calvin. I just come here to say

CC AA NN '' TT .... YY OO UU .... WW AA II TT .... FF OO RR .......
AA NN OO TT HH EE RR .... FF EE WW ........ MM OO RR EE ..... DD AA YY SS ....

PP EE NN DD II NN GG .... TT HH EE .... AA NN NN OO UU NN CC EE MM EE NN TT SS

of 11MP ?????????????

Posted by CityGirl > 2015-05-16 18:10 | Report Abuse

Calvin is already betting his whole reputation here.

He also asked me to do a errata on his comments regarding the RM millions of debt,
Original Calvin's quote

[ORIGINAL]
What is a few million debt if ASSET VALUES HAVE BALLOONED TO RM9 BILLIONS!

[AMENDED]
What is a few ^hundred^ million debt if ASSET VALUES HAVE BALLOONED TO RM9 BILLIONS!

[MEANING]
If revalued, the debt is just around less than 10% of total assets.

Best Regards,
City Girl,
[shadow of Calvintaneng]

AyamDua

134 posts

Posted by AyamDua > 2015-05-16 18:12 | Report Abuse

GLOTEC = reban emas 2015 kambing soon! dont worry..

pasti

tuju

langit

ha ha ha ha
Pasti......

TUJU.....

Langit !!!!!!!

kikikiki
wahihihihi
kikikiki

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 18:24 | Report Abuse

Wah!

Got Citylight and Citygirl.

What nice names?

And everybody MUST LISTEN TO CITYGIRL

And I want to shed some light to enlighten City light.

This is what actually happened in 5 years.

Year 2009 Focal Aims was a miseable 11 cents.

Its Kota Masai plots of lands sold for rm12 psf were auctioned off at only Rm5 psf. Those of us in high court (Jb) thought only sor chai buy those useless lands in Jalan Belimbing area.

Fastforward to year 2014

Ecoworld offered to take over Focal Aims at rm1.40.

Rm1.40 Ecoworld's Liew must be crasy leow?

Wah what a Surprise? Mr. Market gone mad and chased Ecoworld up near Rm5.00!

That's a stupendous change of 4,500% in 5 years!
Up 900% yearly.


And then?
Today in Kota Masai they are selling lands at rm45 psf.

So the sor chai who bought lands for rm5.00 psf are now reaping 900% gain.

Ha! Those who bought Focal Aims shares for 11 cents are doing far better than those who bought raw land for rm5.00 in year 2009.

Why is it so?

BECAUSE SHARES WERE SOLD DOWN LIKE TRASH in Year 2009 for Focal Aims.

Focal Aims?

Focus your aim!

Kbunai

Kaboom Wang Tunai


Yipeeee!

citylight

23 posts

Posted by citylight > 2015-05-16 18:41 | Report Abuse

I don't believe in magic in real life, and for magic it just short term
fun only

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 19:03 | Report Abuse

I don't depend on magic or luck at all.

Success is 99% hard work and only 1% luck.

So I have told all to Invest. Invest your hard earned money. No gambling at all.

This Was My Original Proposition:

If you have RM100K to invest. Just buy

1) RM20K in CMSB

2) RM20K in KKB

3) RM20K in WEIDA

4) RM20K in NAIM

5) RM20K in KBUNAI

WHY BUY THESE OUT OF 1,000 IN KLSE?

ANSWER

BECAUSE OF THESE POINTERS:

1) 11MP IS COMING IN MAY 21ST 2015 - A WHOPPING RM350 BILLIONS WINDFALL

If there is Rain there Will Be Very Tall Trees Like Taman Negara. No rain you have Sahara Desert. Last time in 2006 9MP I made tons of money from All Cement Counters.

So I advocate Buying into Sarawak/Sabah Thematic Play for 11MP

2) WHY SABAH & SARAWAK

The Trend has been Set. Pakatan gave free water in Penang & Selangor to entice voters.
So BN Will Need to Garner Support from its "Fixed Deposit" Stares of Sabah & Sarawak. Sarawak Election is Due by Year 2016 April (less than 1 year to prepare)

Why Sarawak Crucial.

BN Got 109 Seats in Parliament
Pakatan got 88 seats
Sarawak alone holds 25 seats.

Let's see. If Sarawak vote for Pakatan then Pakatan

Pakatan 88 + 25 = 113 seats.

Pakatan with 113 seats will beat BN at 109 seats.

SO THIS YEAR 2016 ELECTION FOR SARAWAK IS CRUCIAL.

THE POWERS THAT BE ARE DETERMINED BY YEAR 2016 SARAWAK ELECTION.


3) Both PM Najib & DPM Muhyiddin visted Sarawak Last Week. Najib also visited Sabah

Something Big Is Brewing For EAST MALAYSIA!

MORE SO AS THIS IS THE FINAL MANIFESTO FOR BN BEFORE VISION 2020


INVESTMENTS ARE AT ITS SAFEST WHEN IT IS SOLIDLY BASED ON FACTS.

11 MALAYSIA PLAN

OR 11 BARISAN NATIONAL PLAN?

Only 5 More Days to May 21st, 2015

Then All Will KNOW FOR SURE!!!!


HIP HIP HOORAY!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-05-16 19:12 | Report Abuse

hahahahah

calvin boss and fortubunebulllz..........

happy Saturday.

Calvin: may be fortunebullz saw something that we do not see
fortunebullz: may be calvin saw something that we do not see

Calvin & fortunebullz: may be both saw something I do not feel

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-05-16 19:23 | Report Abuse

Duit! Calvin entitle to his opinion! It's not what i don't see, it's something i see that i freak out on this karambunai! Just a quick FA my eyes burn!

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-16 19:45 | Report Abuse

WAHAHA!

VERY COINCIDENTAL

LENO THE CAT APPEARED. THEN FOLLOWED BY THE BULL.

LAST TIME THE CAT HELD THE BULL'S EAR AND ALMOST LED HIM INTO THE HIBERNATING BEAR CAVE.

CALVIN SHOUTED, "DON'T GO ASTRAY!!" WHERE GOT BEAR MARKET!!

THEN BOTH CAT AND BULL CAME BACK TO THEIR SENSES!!

THAT'S GOOD.

ANYWAY, BULL CANNOT THINK LIKE EAGLE THINKS.

NEITHER CAN BULL SEE AS FAR AS EAGLE. BULL MUST PUT ON A PAIR OF BINOCULARS

ONLY THEN THEN CAN BULL MAKE SOME GOOD MONEY IN INVESTING


GOOD MONEY?

DUIT IS HERE!!


THIS TIME KAYA LEOW!!

WELCOME WELCOME

CAT, BULL & CASH


ALL ARE WELCOME

GETTING MORE EXCITING BY THE DAY - BY THE HOUR

LATER BY THE MINUTES?

OOH LA LA

show

331 posts

Posted by show > 2015-05-17 02:39 | Report Abuse

alo calvin, Fountain View was suspended in 2007 lah, you look at 2009 annual report already too late, most assets already gone.

Puncak Alam is in Mukim Ijok lah calvin. See people, he don't even know what is mukim ijok, yet he says those land held by Fountain View are lousy. Nearby those land u know is what ? We have high class projects like Sunway Cahaya ( RM 1 million for a link house ). Bukit Jelutong, all nearby.

Those lands are of very high value land, too bad when suspended and delisted shareholders gets nothing. Fountain View land Assets used to be over RM5, share price was only 20sen+ before it got delisted. Wow... everyone think they buy 20sen share but can get back RM4.80 because of lands... but get what now ? nothing.

Lets just face it, kbunai is not interested to make money for shareholders, it is making loss non-stop, trying its best to become PN17 and get itself delisted. Its going down the Fountain View road, it has some lousy assets but it will soon be nothing for shareholders.

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-17 07:36 |

Post removed.Why?

paulthesotong

2,842 posts

Posted by paulthesotong > 2015-05-17 13:16 | Report Abuse

Calvin, if I lose money on this counter, do I get 2 free vouchers on 3 nights stay at Nexus Resorts? Of course air fares not included.

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-17 14:27 | Report Abuse

Paul

I think you will make Lots of Money in this counter if you hold longer term. I shall explain later to you and all here.

Stay tuned.

paulthesotong

2,842 posts

Posted by paulthesotong > 2015-05-17 15:55 | Report Abuse

Famous last words in 2013, Calvin.

calvintaneng

56,552 posts

Posted by calvintaneng > 2015-05-17 16:39 | Report Abuse

IN SPORE EDGEDAILY NEWS TODAY

GSH Looks North

This Singapore Company Called GSH Bought 77.5% Stake in the 384 Acre Sutera Harbour Resort for RM700 Millions.

Reason for investing

A major attraction of KK is that one could be enjoying the crisp mountain air at the peak of Mount Kinabalu some 4,000 feet above sea level early in the morning and soaking in the sun of Manukan Island, a 10 minute boat ride from the city, in the afternoon. In the evening, one of the best places to enjoy the beautiful sunset is from the Kinabalu Gold Coast

No Where Else In Malaysia You Have

1) A 4,000 feet Cool Pristine Mountain
2) A Sun drenched Island
3) Coupled with The Best Sun Set View

PLUS CRYSTAL CLEAR WATER. INDEED A PARADISE.

See: A Singapore Company Can SEE So Much Value There And Willing to Invest RM700 Millions for Only 77.5% Shares for Only a mere 384 Acres.

Kbunai has 3,000 ACRES!!!

THAT IS WHAT I CALL VALUE!!


VALUE UNDISCOVERED

VALUE MISUNDERSTOOD

VALUE OVERLOOKED

CALVIN & FRIENDS ARE SNAPPING UP KBUNAI SHARES!!!

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