receivables as a percentage of revenue remain relatively unchanged. That's normal.
Cash drop as majority of it is used to repay bank borrowings.
I am usually a silent reader but I can't stand watching u trying too hard to hard sell sometimes. Readers here are smart enough. If ur point is valid, ppl will trust u. No point keep playing the same music repeatedly.
Posted by Fam Jenny > Jun 20, 2016 11:38 PM | Report Abuse
Right now,everyone is making money from low to high not like csl from high to low,everyone is losing money,which is better?
Making money Is Not The First Criteria. Capital Protection is No. 1
Rule no 1 is
Not to lose any money
Rule no. 2 is
To Remember Rule No 1 - Not to lose money
And Rule No 3 is
HE THAT IS LOW NEEDS FEAR NO FALL
Between Comcorp at such lofty price and CSl at such lousy price I think if both should suddenly crash? You will lose more in comcorp than in Csl.
See how both IFCA & SUMATECH WENT LIMIT DOWN
I remembered the day when out of the blue SUMATECH SUDDENLY WENT LIMIT DOWN FROM 60 CTS TO 40 CTS AND CAUGHT SOOO MANY MANY PUNTERS BY SURPRISE & SHOCK!!
ALL THEIR FACES TURNED GREEN IN PANIC!!
IT WAS A SIGHT TO BEHOLD IN OSK TRADING ROOM THAT FATEFUL DAY.
All who dabbled in Sumatech got Suda Trapped!!
They are now gone for good. All lost their shirts and their pants
Don't spoiled the soup if you dislikes the stock or perhaps you want others to dumb cheaper to you . Some sort of digestion is quite normal for any stocks to retreat with the recent huge volume runs up . How can u expect the stocks to continue run up without retreat and if this is the case , obviously stocks market is filled with millionaires and the streets would see no beggars . Reserved the comments for yourself and not to distract other's preferred opportunity in investing with different rules apply .
Calvintaneng, u really don't know when to stop posting your invalid half baked story. There got nothing here for u.Do your self a favour please. Operator don't give a fak from your half cook view, neither i3 forumers here. LIKE IT OR NOT, COMCORP IS GOING BREAK $1/ .
Calvintaneng trying to fool himself by fooling around i3 forumers here. U might fool skyrider & few more newbies. But, not us here. So, go back to your Jtiasa..opcom..silk..and may of your doomed pick.
Current Receivables of IFCA has ballooned to over Rm23 Millions. So IFCA is having "IOU" reported as "profits".
After Syndicates Have Distributed All IFCA Shares to sorchai, water fish, sotong & ikan bilis - without support - IFCA collapsed from Rm1.80 to 46 cts. Catching all by surprise and shock!
Last Quarter Report Shows Comcorp's Receivables Jumped from Rm69 millions to Rm87 millions! A jump of Rm18 millions!
This Rm18 millions "IOU" are counted as "profits"
IOU is still IOU. It is NOT REAL CASH.
Real Cash of Comcorp? It has dropped by Rm8 Millions!!
As Such Comcorp has all the similarities of another Con Job.
Better stay away. If syndicates unload like Sumatech or Ifca - there is no time to escape.
Posted by Koon Bee > Jun 21, 2016 08:37 AM | Report Abuse X
Haha...Calvin holland pick 1)Bjcorp at 50c 2)Mulpha at 48c 3)Mui 4)Pmcorp 5)Jtiasa at 1.25 and ask tambah again at 1.50 6)all plantation stock that gone holland now 7)Skpetro 8)etc etc
Be careful is good. Don't be a hero. Comcorp is definitely a Goreng stock by the way it moves...was yoyo ing...up and down. This pattern is already known to be a marked stock....can be seen controlled by a few. So be careful...when the music stops. So far can play along if the music still sings...but not long term play. Short term in out enough. Everyone is welcome to comment. Calvin, Koon Bee, etc.. no worries. We always should listen to the positive and negative and make our own judgement and don't blame others when things go wrong. Every decision is ours from our own brain. If you can play the stock market you are responsible yourself with your hard earned money. Stock market is just like a big casino. Nobody can tell you the correct result whether going up or down except based on some past history or statistic record like QR reports. And the results is changing all the time based on current factors and economic influence.
My decision is simple. Sell take profit when the price is high. Buy back cheap if it is near support. Cut loss if drop. This stock is like playing a musical chair. Be careful if the music stops.
A matter of fact, debt are use fir their procurement in 4 times a years . Bank acceptance account to most of the debt. As whole Comcorp has managed their debt very well.
Bank acceptance? Conman from Ifca also got Bank acceptance? Receivables? In the end. All were conned and trapped. Go study Ifca and you will see the same scenario
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
56,561 posts
Posted by calvintaneng > 2016-06-20 23:23 | Report Abuse
Posted by calvintaneng > Jun 20, 2016 11:21 PM | Report Abuse X
Posted by Fam Jenny > Jun 20, 2016 11:15 PM | Report Abuse
They even published in the papers and told the public how good were their shares.
EXACTLY!
Same thing is being done for Comcorp here!
Don't you know that i3 Investor Forum is the most popular search engine for Stock Related News in Malaysia!
SEE
My Post on Comcorp already got 11,000 views.
I owned 3 Websites. At any given day only less than 500 people visit them.
No wonder syndicates love to operate here.
There are really SO MANY WATER FISH, SOTONG & IKAN BILIS TO CATCH
Ikan Bilis?
Aha!
KOON = CON
BEE = BILIS
Be careful lor!!