i do believe steel price hikes will not prolonged cause industry will correct as it depends on demand/supply chain. once hits my TP will sold. for sendai sure will re-enter if Sendai <1.0 after pp.
if you did not buy sendai, you must ask yourself "Why am I so stupid?".
if you regret for not buying, you must go to your bank and release all your fix deposit to sialang Sendai.
if you sialang sendai, you are a clever investor.
i am obliged to tell you that i have sialang Sendai. if you buy, you are doing it at your own risk. if you sialang, you are clever investor, if you ignore my message, you are stupid investor. do not blame me if you lose money, if you win money, you must worship me as a investor king with proven track record.
Again i would put money is less risk place. I like sendai for its 2b orderbook and its track record. But same time it hve high doubtful debts on receivables up to 49m in FY16, a 10.5x from FY15. Its debt still high at 1.08x and current receivable and work amount done stay at 1.6b.
If hve option to use bridge for crossing, why need to swim across river with crocodile around, wait to eat ur money.
yewyin33 Below is the email from Maybank broker Mr Soo Wing Hoe to confirm the trading of my nominee Yap Sung Pang who is my nephew, on 30 Aug 2017. Yap bought a total of 1,272,000 Jaks shares out of 1,480,000 shares traded the whole day.
Many uninformed and weak holders dumped their holdings as soon as they saw Jaks'poor 2nd Q result. They cannot see that JAKS will have to report the Rm 140 million from land sale and more profit from its power plant contract to generate electricity to sell to the Vietnamese Government for 25 years in the next 1 or 2 quarters.
The profit growth prospect is the most powerful catalyst to move share price. Smart investors will buy before the announcement of good profit and stupid idiots will sell before the announcement.
I hope more weak holders will continue to sell so that I can buy some more at cheaper prices.
Koon Yew Yin
---------- Forwarded message ---------- From: Soo Wing Hoe <winghoe.s@maybank-ib.com> Date: Wed, Aug 30, 2017 at 5:08 PM Subject: Yap Sung Pang BM060200: Trade Confirmation As At 30.8.2017 To: Yap Sung Pang <ispyap@gmail.com> Cc: koon yewyin <yewyin33@gmail.com>
Hi Mr.Yap,
Refer to the above matter, the following trades done is as below:
Account BM060200:
BUY JAKS 1,117,600 units @ RM 1.3298
SELL LATITUD 35,400 units @ RM 4.8490
SELL HENGYUAN 20,000 units @ RM 7.5330
SELL SENDAI 60,000 units @ RM 1.1400
Account AQ8036:
BUY JAKS 155,600 units @ RM 1.3332
Regards,
Soo Wing Hoe | Assistant Manager, Private Client Services
Huikamcheong - you want to listen to this joker Hebeifortune ? He wrote an article saying sendai will crash to 50 cents and in the end took it down because it did not happened. Even if the email is true selling 60k is insignificant , it is like trading in short term and holding millions of shares for Long term
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....
Lim Beng Teik
276 posts
Posted by Lim Beng Teik > 2017-09-10 13:54 | Report Abuse
Moneykj, prepare bullet is time for us to get the cheaper bargain