It is difficult to see a mere trader like Choo Bee continue to make super normal profit......except a one off last quarter from draw down of stocks in the last quarter.
Whether based on eps or nta, Choo Bee should be performed better than CSC Steel. Choo Bee and CSC Steel are just as good as GKENT and GADANG in steel industries. They still have long long way to run ... at least 6 - 12 months since steel is another theme to invest after contruction theme.
choobee is expanding the production line, if they foresee the revenue is getting lower and lower, what for they spend money to expand the production line ?
I can think off choobee is looking into export business again, and this is why they need more output.....if don't buy now, are you going to buy after the export business become reality in future....?
Idiots sell! Muscular, u not sell all Liao ? U always got shares to sell even yelling sold all! Banana, magic ah? Or u short sell? Can short sell me? Later Mario lokap, makan nasi lemak!
NOPE! 80% of CHOO BEE is on TOP30! KYY is not TOP30.
If OWNER come out buy all shares he got nothing to said. Same case like XINGQUAN! HE bought it and hold, CUT LOSS meachanism doesn't kick in! And look at price now! LOSS 90%
Why I disagree with KYY SELL recommendation for Choo Bee? 1. From track record, KYY is not always right. Xing Quan is an example, JTIASA another hard lesson. 2. He did not talk to owners or Top Management in AGM, how can he jump into conclusions 3. Potential exporting business is TOTALLY IGNORE.
But i agreed with kyy on the soft sentiment of housing nowadays.. there so much properties still not selling out there.. i keep on seeing housing being promoted in facebook and all kinds of announcement by Redha or BNM on housing loans and etc to try to kick start the housing market. Just ask urself, say u are a middle income group, will you buy a house at this type of economic uncertainty even your job is not secured ?
For me, Southern Steel is the best. After the company write off all the investment on the new machinery, the company is clean now. Next quarter profit at least 9 sen. Very soon it share price will go up to RM1.60
Actually Koon's recent article was only giving me a laugh..with the added joy that its getting more & more attention.
But, i find one thing disturbing....the below message:
The Administration of i3investor.com wrote to me quote:
================
Dear Mr Koon,
We've received many feedback from our users on this specific blog post from you. Some have mentioned that Mr Ooi Teik Bee, who manages some of your funds, is recommending Buy on this stock. That clearly contradicts your recommendation in this blog post.
May I know what is your comment on this? So that we can provide positive clarification to our users to avoid further confusion.
Regards,
================
Did that really take place? I am disturbed by the fact there is an active interaction by the administrator with Koon. May i know who is this person?
Also, i noticed the speed some of his articles climb to the Top position. e.g yesterday's first article on Choo Bee, whilen Choo Bee did not even appear on the "Trending Stocks' list the whole of yesterday.
his advise is legit but the profit increase in all steel companies are lead by increase margin instead of increase sales, even the revenue decrease, the profit might be a lot higher!
the admin in U.S communicated with Koon concerning conflicting recommendation by OTB? I really blur blur...
Regards, -- System Administrator I3 LLC 616 Corporate Way, Suite 2 #4000, Valley Cottage, NY 10989 website: www.i3investor.com email: admin@i3investor.com
Posted by Fat Cat Tim Buddy > Oct 25, 2012 07:31 PM | Report Abuse
Dear Fat Cat Tim Buddy,
Congratulations! You have been selected as a winner in our Polo Shirt Giveaway campaign this year to reward users who have been supporting and helping i3investor to become the number 1 independent investment portal in Malaysia. The reward winners are selected from the following categories:
1. Top contributors in our forums and discussions who are currently active 2. Top active bloggers in the i3investor portal 3. Selected users who have provided great feedback and ideas to us by email, and those who have been nominated by our internal Administrators and Editors. 4. Lucky picks from active portal users
Please provide your personal details by filling in the online form at xxxxxxxx We will pass your info to a local marketing partner in Malaysia to manage the distribution of the free Polo Shirt to you. We promise we will not disclose your personal info or use it for any other purpose.
Regards, -- System Administrator I3 LLC 616 Corporate Way, Suite 2 #4000, Valley Cottage, NY 10989 website: www.i3investor.com email: admin@i3investor.com
__________
lol i thought it is a scam, and it in my junk mail box, so i kinda ignore it, hahaha can i still get the polo shirt? :p
Lol.. suddenly labeled a dog by paperplane2016 just because i agrees with kyy article on housing.. come on la... this is the purpose of the forum for healthy discussion.. if you cant accept other people opinion than better dn play forum la
Choo Bee had to stop exporting steel products to oveaseas since 2009 due to higher cost of raw materials. If you compare 2008 and 2009 revenue, you will find that 2009 revenue dropped 45% since Choo Bee stopped its exporting business.
Next quarter revenue should increase, not decrease.
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....
Blink22
106 posts
Posted by Blink22 > 2016-09-21 19:05 | Report Abuse
It is difficult to see a mere trader like Choo Bee continue to make super normal profit......except a one off last quarter from draw down of stocks in the last quarter.