i bought mulpha maybe since year 2009 at 0.6X, 0.5X and even 0.4X. No dividend and stagnent for many years at 0.4X range. I have hold on to the stocks cause I know it is a good counter though it report loss every year -_-" but finally I sold almost all of them already last year making loss and invest in something else. Finally now it is going up. haha... really need lots of patience in this counter.
Rich! let me answer by asking you a question, then who is the " nut" who is buying and why? Maybe Honest Opportunity needs the funds because they were dishonest in other dealings hahah,
Thank you all for your kind comments. I might not have all the answers as yet. Benjamin Graham advocates buying a Share Below Its Intrinsic Value & Only Sell It After It Has Gone Above Its Intrinsic Value.
I think 80% of the Market does not follow this principle in Investment. That's Why My JOHOR SIFU Has Made His Many Millions in buying Up Undervalued Shares.
One of them is Selangor Properties Berhad (SPB). At RM3.30 The Lady Boss was buying up SPB steadily & quietly while the Market chased popular stocks of the day. The reason to buy SPB was its Strategic & Valuable Land Banks in Damansara Heights which others overlooked. SPB has now doubled in price to cross RM6.70. Mulpha is another SPB in future.
Other Great Shares He Bought were Pintaras Jaya RM1.40 (Went up to RM7.00), Petronas Dagangan at RM4.50 (Exploded to RM30.00), Kossan at RM2.00, KPJ at RM1.90 (Major Shareholder) , Ajiya at RM1.00, Fima Corp (his favourite) at RM2.20. He is also the Top Pioneer Shareholders of ICap at launch of RM1.00 by TTB. He is a substantial shareholder of Keck Seng. He was the one who grilled KSeng Directors speechless. Too many Super Stocks he shared. I think if he posts he is above or at least equal to our KCChongNz or The Great Raider.
But when I first met My JOHOR SIFU I had a very totally different impression of him. He looked like a very poor fella who just came out from his job in washing floor in the wet market. His T Shirt looked cheap (bought from Pasar Malam) He wore short trouser bought from flea market & RM3 pair of cheap slippers. His entire out fit looked not more the RM50!
But When I spoke to him I later found out he has 300,000 shares in Litrak alone. Litrak is over RM3.00 a share. So in one counter alone he invested Over RM1 Millions. And he has many many other counters. He is So Fully Loaded That He Lives Carefree. On Yearly Dividend Alone He Gets 6 to 7 Figures Income. However, he is humble & bashful and shun all lime light. I am so happy to learn from My JOHOR SIFU. So don't judge a book by its cover.
Ha! I bought KPS at 42 Cts. He also bought KPS. We sold off KPS at RM1.20. But KPS went on to Cross RM3.90 to our chagrin. A 10 Bagger!
He also joined me buying BJ Corp at 12.5 cts. Later when he saw Goldman Sachs bought BJ Corp from 50 cts to RM1.00. He chased BJ Corp all the way from 50 cts to RM1.00. He fully loaded up on BJ Corp. When BJ Corp crosses he gave the signal to SELL ALL at RM1.50.
WOW BJ Corp Was My First 10 Baggers from 12.5 cts to RM1.50 - Up 1,000%. Peter Lynch of Magellan first taught us about 10 Bagger Stocks!
From his winnings in BJ Corp MY JOHOR SIFU Bought A Gleaming Toyota Camry and showed fellow buddies in OSK Johor!
Those were Great Fun Days & Learning Times For Me.
MYOB, actually we don't know when the bottom is, just quee and buy and hold with patience. This stock is for intermediate term at least this coming quarterly report.
Can anyone explain whether when Honest Opportunity Limited disposed so much of its shares in the open market in separate transactions and time, is there something cooking behind it ?
Monday today will be history and everyone will forget, then market moves again. I am in today, buy when all are scared and sell when they throw a party!.
Some time, when someone wants to buy shares in a counter, he may want to talk down that share price first. This is so that others will sell and he will collect. The opposite may also happen when he wants to sell the shares that he holds. We just need to be aware on the tactics used.
The Toll Hike & VEP only impact the poorer masses. The Residents of LEISURE FARM Are VIP. So they don't mind to pay a higher toll fee if there is less congestion for them.
The poor use time to save money while the rich use money to save time.
just now listen radio and suddenly listenning my favourite song "when you believe". I couldn't control and matched my 500 lots @ 0.495. I bet a lot on Mulpha hope can rebound soon.
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....
calvintaneng
56,673 posts
Posted by calvintaneng > 2014-08-06 15:49 | Report Abuse
I am in Iskandar. Everything is fine here.