the one who posts many times a day. Even change his address/name a little. the one who promotes say & night, the one who quotes any analysts to support his agenda, aim, goal, intention & plan to influence you to buy or sell, to MAKE USE of YOU so that he can gain from most/all of you in order that the price may move up/down from many buying/selling & he profits from you doing so.
Beware of MoneyConman Keep promoting. Sometimes contradicts himself, Sometime uturn & say sell !
Read & study history of MoneyConman
You will know who is lying nonstop to influence others to buy because he bought & needs people to support him. If price drops & he loses money, He want you to buy, support him & also lose $. He basically wants you to LOSE as well. But he has nothing to back his promotion other that to quote news & anyone who claims to know how to analyze stks.
Did any of MoneyConman forecasts abt GB going up to 5+, 6 or 7 came true in the last 1 yr ?
Even MoneyConman himself lost money, if he sold, and made paper loss if he held them to now. Never trust this boaster who thinks he control GB forum by posting nonstop everyday. All he does is read, quote & post news which you have already read.
I remembered buying into YTLPower back in 2017 at RM1.50, and gradually averaging down to the lowest point of RM0.69 during COVID days .. and after holding on huge paper losses over the years, it has now paid off handsomely once its true value unleashed .. i believe GENTING too have the similar potential .. started accumulating between RM3 - 4 during COVID days, and continue picking up a bit more at RM4.90 this morning .. waiting to strike another jackpot few years down the road .. so, let's not get overly depressed with today's share price movement ya ..
The saying 'Sell in May and go away' didn't apply this year. 馬屁精有选择地 selectively copies & pastes... I am just a long-term investor who accumulates when prices are cheap and hold. Not simi sifu or influencer ..
Q1 NP rm588m, RM455m came from GenS. Just look at sister stock's performance (selldown after initial euphoria) can sometimes give a clue on how GenB will perform post Q1 result. Be alert and observant.
Good news here. My trading disciple just won his cohort's Year 2 finance course "Stock Trading Tournament" against over 100 competitors. I guided him along to whack GenS just before result, long HSI a month ago, sell and sell short on HSI last week. He will be offered internship at a stock brokerage (event organiser) after this semester during school holiday. Im also learning when Im coaching. I backed up my analysis with both FA and TA. There were some trades that went bad but we cut losses quickly and let our profits run until we think the rally is really over.
Traders can form their own opinion, but when the market disagrees with their opinion, they are not stubborn. Traders are quick to to accept their mistakes n make them good. We dont like to be stubborn n go against the market's price action. We join the winning side of the market.
Thank you SiFu ATK for your guidance🙏 I will continue to do my due diligence and improve in time to come. Learning never stops, no matter how professional, high-level, or wealthy one is. There will always be new things to learn and master in trading. Forever a student of the stock market after all.
Everytime a trader becomes too cocky, the market has a way to punish the trader. Be confident and be humble with the stock market. If you huat big next time, make more donations n do good deeds. This is the highest honour you can give to all your stock trading sifus.
Be careful and cautious. There is 1 non-stop promoter here. Posting every day. Quoting news from selective sources that is aligned & in accordance to his stk holding & position as well as agenda, aim & goal.
He wants to make money at all costs. He will not spare you. He will influence you to buy or sell with news.
If you are influenced by his comments in his postings to buy or sell, you are at RISK to LOSE MONEY.
So, don't be influenced by his comments and postings. Don't be conned and don't be cheated.
@ATK is different. He posts with comments that are accurate and true. He makes no attempt to influence anyone. He is the source of the RM600M profit. Many agreed with his calculations and used it to analyze the actual results & probable stk price.
Mpi , klk , hong leong finance ,top 10 loser , 4.50 p.m , dump gap down price , probably institution fund portfolio change , a lot stock that , dump gap down price , some institution fund policy , need change portfolio , this every year ,always happen month May , Jun ,last day 31th , Jun onward fund manager will base on IB report to select stock n invest , Let s see price action Genting , will it move up resistance 5.50 , month Jun will tell u all , any new instituion fund step in to Genting or not
No point complaining. Just ATTEND the AGM in full force and say what yu want to say there. Change poor management team. Vote LKT out. Salary toooooo high and that is why he couldnt be bothered whether Gent / GENM drop eventhough making fantastic profits for 1Q 2024
Can't he do it some other time? Why choose the same time as quarterly result release? This guy really memang 1 big cjb. Zzzz please vote to cut his salary during this coming AGM. He is not competent.
Call me slow, when I think deeper, one hand he keeps issuing debt, on another he keeps paying himself hundreds of millions. Do you see something wrong with this picture?
Do you know what Mark Cuban might say about this? I don't know maybe something like "I'm done, I'm out, he is a fugging gold digger!". Seriously this has to be stopped urgently like stopping the bombing of women and children from Israel.
People on this forum should know my gripe! I have been like a parrot repeating the issues. It is called Governance lack of it. The listed entity is being run like LKT private entity providing cash flow to his private investment entity and funding his investment losses and not to forget pay himself exhoribant salary and other benefits for sure. I would love to audit this company! I am Sure it fall s foul of basic listed business ethics not looking after shareholders worthy of Bursa look! Basic protection of and promotion of shareholders interests are flouted! He controls the I dependent board of directors they are all yes men!
AGM for GENM andd GENTING 12 and 13 June respectively. Please register online before the due date i.e beginning of June. Come in full force and make your say heard !!!!!!!!!!!!! Question LKT and his geng. Let them explain in details. High salary, Empire, investment overseas without consulting minor shareholders etc, etc See you guys on the 12th June and 13th June 2024
Receiving dividend from the shares that you owned is very different than drawing a big salary from the company where you have majority control. Dividend is declared for all, fair and square, salary is approved and benefiting 1 person. It is tantamount to stealing really. Find me an example where owner draws a big salary, only tak tau malu punya owner will do such a thing.Worse, borrowing money to pay himself, this is thefts at another level. I think this AGM no give him face, just shoot him kaw kaw. At least we get an explanation what he is up to, retail investor definitely do not want to left holding the bag.
You see Genm dropped 5%, but he don't even bother to do some PR and damage control. This kind of boss do not deserve a salary. Compares him to tiktok CEO, he can't even hold a candle to him. Hire a CEO that is well spoken and care to do PR and save the company hundreds of millions in salary.
Normal punters entering LKT's casino de bursa stocks have little chance to outsmart the whale n make some trading profit. If you are an experienced, sharp n cunning trader, you can steal some scrumbs from the whale's lunch, else you become the whale's lunch.
Please..... my Q1 NP rm600m was just a lucky "guesstimate". I cannot manage large corporations la. I do have some small trading skills which wont go very far in the long run, hence im trying to learn another bigger stock trading skill.
interesting to read many of the comments here especially on LKT's salary package and @Riaz1954 @mushimushi .... but what LKT is doing is well within his rights as the owner of the Group and all approved by the BOD, and this is not new its been there for ages.... the question is why do minority shareholders still place high trust in the company then? This u shd ask yourselves.... in my audit days I have covered genting AGMs, and believe me the company makes it so hard to attend it and the pastries offered are worse than the mamaks :-) heeee..... also the sessions are held at menara genting, and do you know that menara genting parking has no maximum fee..... if you park 2 hours its like RM30, 5 hours its like RM90..... if you park overnight can reach RM400-450.... hahaha well thats their trick, so against minority shareholders attending AGM.... but yet people invest in genting, so the question beckons WHY??
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....
newbie2019
1,884 posts
Posted by newbie2019 > 2024-05-31 21:52 | Report Abuse
yeh… ATK Sifu…. no play kah this rounding down up down?