^V^
It has been a tough tough year of rat , what about this year 2009 ? as known 2 u guys, this year is my super year esp those who born in summer ^V^ look at d FS forecast , exactly what i hv predicted, d worst is far from over yet , it will hit d bottom around June ( my prediction is mid of 09 ) , that 's d time i will apply d strategy of buy n hold ^V^
2 be frank, I wouldnt know where is d bottom n how long d recession going 2 be , but if u look beyond that , let take 2 to 3 years from mid of 09 , u can see d whole picture , it is definitely a good catch @ mid of 2009 ^V^
Y ppl reluctant to go in now though they know it is dirt cheap at current level ? Y ? bcos of greed ! they want 2 make more $$$$! they want to catch d bottom , as for me , i am not aiming 4 bottom ! I refused to "sai lang " all is bocs of d economy datas telling me that 1st n 2nd Qtrs of 09 r going to be even worst , hence .. bullets all loaded n focus on mid of 2009 ^V^
I will buy in d below stocks in stages :-
Ytlpowerwb < 0.58 ( Solely FA )
Sime < 4.60 ( FA + Theme CPO play )
TMI < 3.00 ( FA + Political theme play )
Resorts < 2.00 (FA )
Bjtoto < 3.80 ( FA )
Parkson < 2.80 ( FA )
IOIcorp < 2.80 ( FA )
GI <0.40 ( FA )
Swing Trade :-
UEMLAND < 0.55 ( Speculative + Political theme play )
KNM < 0.40 ( After reading d comments from its boss lee swee eng, avoid this stock due to integrity doubt of its boss )
Sapcrest < 0.60 (Little bit of FA + political theme play )
Someone asked me about WCT , well..WCT is a Taiko in property n construction sector ( It is taiko but not bluechip ) , I think it is not d right time to go in now, first..Temasek is selling its stakes liaoo.. 2nd , construction n property will hit d most during recession, 3rd monkeys see monkeys follow effect , a lot of funds will follow to sell after Tamesak's disposal , stay aside 4 d time being ^V^
Start from yr first entry , use 20% of yr fund to buy in 4 every 20% dip , 4 example ,first entry of TMI @ 3.00 , d next level to go in shld be 2.70 follow by 2.20 n etc..
My first priority is still on Ytlpowerwb N GI , all these r small knife cut big tree stocks ^V^
U may ask me , sam dont u think it is way too far from reality ? ha ha... my answer is , friends , it is still too early to say that ^V^ b4 u come to agree with me , there is no forever up mkt n also no forever down mkt ! whether it is U or L shapes recovery , it is still a recovery ! recovery is only matter of time ^V^
I know talk is easy than do , but i will show u do is also as easy as talk ^V^
Still remember my 天時,地利 n 人和 ? we hv none of these 3 at this moment ! esp 地利 ( FA ) !! hence..no hurry to "sailang " now ..be patient abit ^V^
4 those who hv watched this movie " Romance of 3 kingdoms or 赤壁" , we can see how smart Zhugeliang was , actually some of his ideals can be used 4 share mkt as well , such as 借東風 (天時 ), 草船借箭 (地利 n 人和).
I am looking 4 赤壁3 , by then u will know better what is 既生喻, 何生亮 ?
4 those who hv never read Romance of 3 kingdoms b4, go n buy one 4 yrself , u will never regret 4 reading it ^V^
87 comments:
We will eagerly await these counters come 2nd qtr 2009. BMW or Benz depends on this.
Hi Bro Sam,
Welcome back and xin nien kuai ler 2u n all bloggers/readers
U r right on not to sailang. Eg. for GI my fren & I been eyeing GI since b4 aug 2008 when ranging 0.6+ to 0.5+. my fren told me 2 wait for 0.45 & i told him he's crazy then but u know hoh this GI hit 0.3+ so we readjusted accordingly.
Timeframe wise my fren then 2b very conservative. He's looking at 2H09 or even 2010. Guess i'll be guided by avble FA & economic numbers.
G'luck 2u & all, cheers
Hi SAM,
Thanks for your advise!!For your 心水股，i beleive they will have 一番作为soon or later!!
sam,
can I read your fengshui pdf. Can attach to this website ka? finally something to read.
DJ open -1%, mkt open 2moro.
Wah Uncle Sam, you openly discuss all your tactics in the blog. While I've always admired your selflessness and your willingness to share in your good luck and fortune, I fear for you that your picks will be known by operators dealing with these stocks and the information they learn will be used to manipulate Samgang's play of these stocks...Hopefully I am wrong.
Regards.
Yes, I am still holding one lot of Citigroup which bought @ 3.38, this one i will hold it 4 little while , no intention to sell it now.. if u feel uneasy with obama's move..well..sell it 4 profit now ^V^
Someone asked me y I picked UEMland ? 2 reasons, political theme play hot cooking last month , second, it was traded in huge volume @ almost its IPO price with PE < 7 , that's y i choosed her 4 swing trades .
Good question to ask me what if mkt hits yr TP b4 mid of 2009 ? well..i will say no harm trigger yr buy in stages button , cos d TP is really @ water liu liu level, bros..imagine ioicrop selling to u <2.80, parkson < 2.80 n Ytlpwoerwb < 0.55 !??
As 4 GI, I will surely buy in some @ 0.40 n below , d next level shld be around 0.34 follow by 0.28 n etc... do u know how much is its ipo ? 0.35 !!!
2 naz , regarding d manipulation..ha ha.. if u use TA, yes,,it can be manipulated but 4 FA, NO WAY HOSAY ! no way ! take an example , Ytlpwrwb @0.49 , she dip <0.40 after my purchase , I would hv cut loss n gone holland liaoo if my method is TA ! bukan ?
Sam,
for Gi the impairment losses in 2007 was quite heavy, should we worry about that occuring again?
Hi Sam,
Can u advise Tenaga @ 5.70 current level? Is it worth for swing play?
2 ccdev.. it is good 2 hear that its impairment losses was quite huge so that we can stand a chance 2 buy @ 0.40 n below, btw..u shld know its casino is still under construction, eps 4 09 n 10 is still running at loss , that's y she is trading at current price of 0.40+ , do u think we can buy at current price if she is on full operation n running with profit ? as i said.. i think she was born @ good 8 zhi ( timing) , its casino shld be completed by mid of 2010 , economy shld be recovered liaoo..d timing is just perfect ^V^
I dont think she will dip below 0.28cts, d most is around 0.30+- (IPO 0.35), hence buying from 0.40 in stages is definitely a safe bet .
Fyi, besides samgang , lot of rich buggers r waiting to buy GI anything below 0.40 ^V^ dont 4get casino is a money sucking machine , i am 100% sure that singapore government will its first casino project a success !
come back 2 gpacket , she shot up 9 cts today to 1.09 with huge vol traded ! so how TA buggers ? buy ? or u wanna to wait 4 further signals ? based on FA.. she has been running at loss 4 past 3 qtrs..PE negative ! unless u hv solid insider news or its boss is yr father, otherwise avoid n definitely not wise to buy at all !
2 TA buggers, so how now ?? buy or sell ?
Happy Niu Year. Hopefully we can learn from this cow story.
http://ck5354.blogspot.com/2009/02/blog-post.html
TNB forced by gov 2 reduce its tarrif, therefore , stay away from her 4 d time being , unless she drop to 4.00+-, otherwise put yr focus on TMI, she dropped 12cts today , closed @ 3.02 ... i think its coming QE is not so convincing ..but it is good 4 us , we can buy at much lower price 4 swing trade .. let see what is its coming qe first.. i am ready to buy in anytime from now.
Will let u guys know once i am in ^V^
sam,
im watching tmi also. let me know ur in.
For Gpacket I predict it'll shot up to 1.80 by March, follow or not it's up to you, let's see ...
Hi kiko from seng blog,i am not asking u about prediction, i am asking based on TA, what is yr call now ? buy or sell ? if buy, what make u think it is a buy ? rsi ? mav ? break out or what ?
If yr call is based on insider news, then it got nothing to do with TA , we r now talking about TA , calling 1, calling 2 ..anyone ? maxforce ?
or u TA buggers need to wait till >1.20 ? to get a better picture ? if so, what if d manipulators throw all to u @1.20 ?? does it make sense ? think pls..think !
Someone asked me about swap, swap is when u found a better stock than d one u r holding ,at d same time u dont want to over expose yr fund, there is d time "swap" took place ^V^
hi sifu sam,
you didnt mention the price range for citi anymore, are u planning to remove citi from your hit list?
and btw, nice to know you are back in business after the long CNY break :D cheers!!
Nowadays very difficult to believe the companies accounting figures provided by the BIG 4 auditors. This so-called reliable & reputable auditors r no longer be trustworthy to carry their fiduciary duty to the shareholders. They r many example of very good initially fundamental companies that cook their accounts to look good with the very kind assistance from the auditors to seduce the majority of sucker investors. Remember Enron , Tyco,Satyam,Transmile,and many more. In this case the FA r no longer useful and if u happen to buy a lot of this stocks based on their funnymentals , u will lose a lot . Another example happen in big US banks that we wont be able to know how big their toxic assets they hide using the off balance sheet creative accounting methology
unker sam salam to you..
what should I do if..
senario 1
the targeted price as mentioned by you did not materialize and all the shares went up and the new bull begin what should I do ? At what price then should I enter?
Senario2
all the targeted price do appear as example tmi now 3.02 but the Q2 2009 is far from now then what action should we take now?
What yardstick that you use to measure all your targeted price?
tq in advance for your concern
czar
better read the " Romance of the three kingdom" now, when you are young.
by the time you read it during your old age , you will miss all the action and you will regrets.
2 dbigbang, absolutely correct ! it is a good book 4 youngster to read, a lot of good stuff inside, apply them in actual life, very useful ^V^ all talking about strategy n brain play ^V^
2 rezcky ( Dr norrim zainal ) , senario 1 , out of 10 stocks that I mentioned , i dont think all will shoot up b4 mid of 09 , if u scared of missing d boat..d solution is ..y not u put 10% of yr fund 4 them now ? bull come back b4 June is quite unlikely !
Senario 2 , go in n buy ^V^
Lastly, focus more on blue chip esp those falled under plantation n O N G , use its PE 4 price valuation ( We may get negative PE 4 year 09, but look beyond that , look ahead says 2 to 3 years from now ) In year 2002 ,lot of panic sellers regreted 4 chopping their shares in 1998 to 1999 , same apply here , 2 to 3 years from now, ppl will surely regret y they dont put their money on shares in 2009 !? mark this down n prove me wrong ^V^
2 Gamelion , yes..what u said r correct , big boys can never be trusted anymore BUTTTTT ! unless u dont want 2 touch shares anymore , otherwise what r much better than buying bluechips ?
If bluechips cannot be trusted , r small tiny , running at loss n laggard companies can be trusted ?
It is just like asking me which team can lift d 2006 world cup , sam, Brazil n Argentina cannot be trusted one, see ? they lose in QF , yes ! they lose ! but if u dont put yr bet on them , r u telling me u wanna to put yr bet on team like Korea , Japan n saudi to lift d cup ? make sense ?
Btw, Profit taken ! I hv disposed off d remaining KNM @ 0.44 just now , zero balance 4 knm .
Gpackect up another 6 cts today ? how now TA buggers ? we r still waiting 4 yr call !? need to wait till >1.20 to confirm yr call ? come on !
4 = for , 2 = to ^V^
si fu sam,
u havent mention ur thoughts on citi yet...holding on only or keep buying when next opportunity comes?
dear sifu sam:
gong hei fat choy!wish u a properous year of ox!can u include me in ur mailing list, my add is didi7349@hotmail.com...hope to learn fr u as learning fr mistake is realli very painful
Something else besides share market...
Perak is now playing d show call 三国演义! really feel sad dat d politicians of BN n PKR treat perak people like idiot.
Should there b another election 4 tis state due 2 current ridiculous situation, i hope d Perak people would condemn n boycott all d candidates.
We rakyat cast our votes n d elected candidates never do their job but playing d "MISSING" games instead. Worst still, they refuse 2resign but will use their status of state assemblymen or assemblywomen to join BN.
Do they care abt d current economy issue or do they know dat they're wasting our time n money just to topple d enemy ?
So, Perak people, don't b fooled by these JOKERS, sack them coz u r d BOSS !
2 118 , never too late to know all politicians r one c??K color ! all r d same ! be it Mahatir, badawi , lim kit siang , anwar or najib..all r d same ! if one day u becomes d state member , u will do d same oso, 500million wor ! u think 50K dollars ar ? cant blame them bro ^V^ they r human being oso ! therefore..trust no politician ! use our vote wisely , do not let them win with big majority , 1/2 vs 1/2 is most ideal way , vote 4 BA but do not let them hv 2/3 majority ! old saying ,u think all these suckers really care for rakyat ar ? 90% of them r suckers ! they care themselves more than their ma ma n papa, only fool will believe them.
2 Caleb, if u interested on citi , follow me , play small coz obama has come out with another plan , I am eyeing on AIG now.. <1.20 shld be a good deal ^V^
sam,
ioicorp take over ioiprop 2moro. Any buying chance?
Subject : IOI PROPERTIES BERHAD (“IOI PROP” OR THE “COMPANY”) RECEIPT OF NOTICE OF VOLUNTARY TAKE-OVER OFFER
Contents :
The Board of Directors of the Company (“Board”) wishes to announce that the Company has today received a notice of voluntary take-over offer (“Notice”) from AmInvestment Bank Berhad (a member of AmInvestment Bank Group) on behalf of IOI Corporation Berhad (“IOI Corp”) to acquire all 199,727,505 ordinary shares of RM0.50 each in IOI Prop (“IOI Prop Share”) not already owned by IOI Corp and all the new IOI Prop Shares that may be issued prior to the closing of the Offer (as defined herein) arising from the exercise of outstanding options granted pursuant to IOI Prop’s Executive Share Option Scheme (“ESOS Options”) at an offer price of RM2.598 per IOI Prop Share to be satisfied in the following manner :-
i) the issuance of zero-point-six (0.6) ordinary shares of RM0.10 each in IOI Corp (“IOI Corp Share”) at an issue price of RM3.78 per IOI Corp Share, being the 5-day volume weighted average market price (“5-Day VWAP”) of IOI Corp Shares up to and including 30 January 2009; and
ii) RM0.33 in cash,
for every one (1) IOI Prop Share held in respect of which the Offer is validly accepted.
(to be referred to as “Offer”)
All 199,727,505 IOI Prop Shares not already owned by IOI Corp and all the new IOI Prop Shares that may be issued prior to the closing of the Offer arising from the exercise of ESOS Options shall be collectively referred to as “Offer Shares”.
The Board does not intend to seek an alternative person to make a take-over offer for the Offer Shares.
In accordance with the Malaysian Code on Take-Overs and Mergers, 1998 (“Code”), the Board will appoint an independent adviser for purposes of the Offer. The appointment of the independent adviser will be subject to the approval of the Securities Commission in accordance with Part IV Section 15(8) of the Code.
A copy of the Notice is attached herewith. The Notice will be posted to the shareholders of IOI Prop within seven (7) days of its receipt.
This announcement is dated 4 February 2009.
^V^
2 those who wanted to see sleeping beauty step down early..this is what u get now..is niama better than sleeping beauty ? ha ha..it still early to tell!
As i said last year , y need to force sleeping beauty to step down ? is Sleeping Beauty step down bring any benefit 2 rakyat ?instant economy recovery ? more media freedom ? ha ha...dont curse those defacted adun but u yrself ! ha ha..
kan saya dah bilang , ..pemimpin lemah tapi hati baik adalah lebih baik drp pemimpin keras tapi hati jahat ..it is too late to know that liaoo.. these r d leaders we hv.. we got no choice ! take it or leave it ha ha ha
Very simple , ask yrself, u prefer a slow but kindhearted son or a smart ( not tested yet, he is what he is now bcos of his papa ) but blackhearted son ! which one u prefer ??
Sun tze once said" if yr enemy is sleeping, dont awake him..let him sleep 4ever !
2 those anti sleeping beauty , I can assure u, this is only d begining..more shit u will get !
salam again to u Sifu Sam
with regard to stock selection, it makes sense that u choose tmi against tm .All fundamental basis belong to tmi.
But as to resort and we compare to genting which are under the same owner(just for educational purpose) why u chose resort against genting.is it genting make the better choise since market appreciation is better in genting (quantitative wise)and genting is more diversified and all the FA inclined to genting as compare to resort?
Thanks in advance for your answer.
czar
p/s is it ok that I used ur answer to put it in my blog for education purpose.If u prohibited it then I will delete them.
All politicians are crook except some especially Lim Kit Siang. If he really wanted to enrich himself, he can easily defect to MCA and get a ministry post, Tan Sri title and huge money. But he chosen to be locked up in prison twice due to ISA. He waited for more than 40 years to see Penang under DAP. I think not many talented politician can emulate him for his steadfast love to Malaysia even Anwar Ibrahim.
These new ADUN just elected for 10 months but still cannot resist power and money temptation. How about 20 years as elected MP of LKS?
wah, I couldn't agree more with ur sleeping beauty and niama views, sifu sam!
I will surely prefer a kind leader! and at lease he improved the services of it's servant..
What this niama did so far? making corruption more obvious? or using the taiko style with threat? wonder what this Malaysia Anti Corruption Commission doin..
Power transfer: MB told to 'step down'
Feb 5, 09 10:25am
LIVE REPORTS
3.25pm: It learnt that Mohd Nizar will announce his refusal to resign as asked by the sultan.
Ha ha..2 those anti sleeping beauty gang , how u like that ? what next ? selangor ?let sit down n watch d show ^V^
2 rezcky , genting n resorts r equally good ( Both also < PE 9 ), I choosed resorts bcos she is cheap in dollar n cts .
if u want to paste my posting in yr blog..go ahead , no problem ^V^
2 Ws , this deal is good 4 ioiproperty but not so good to ioicorp.
2 felix n ws.. look at TMI today..rose from 3.02 to current level of 3.18.. if i were seng , i will come n tell u guys..i bot it @ 3.02 n profit taken @ 3.18 just now.. how u like that ? ha ha..
come 2 gpacket , still no TA bloggers dare to make their call here , see ? told u oledi.. all these TA buggers r all backhander, k..give u another chance..last call last call ! how now ? gpacket buy or sell ?
anyone ? ^V^
Ha ha. Since no TA blogger makes a TA call, let a FA guy make a call based on TA. Sell at current level RM1.12. Support seen at RM0.86, second support seen at RM0.62. Buy at 0.86, if market goes against, continue to buy at 0.62.
Based on FA, avoid. Product pricing also sucks. RM200 per month for unlimited usage. Competitor selling at RM100 - RM120 per month. How the hell to penetrate/capture market? Volume game. Volume game guys.
I'm not TA or FA, I choose buy gpacket ~~~ follow me or not it's up to you
As i said , FA 4 knm is 50/50 , price tumled from 1.50 to 0.40+ is due 2 d borsig acquisition, d question here is " is current price @0.40+reflected d true value ? gearing far too high! read d below :-
根據ＫＮＭ的Managing Director，Lee Swee Eng接受The Star採訪時說：
“Meanwhile, the group does not expect any impairment for the acquisition of Borsig although the values of assets around the world have tumbled significantly. We bought it based on multiple PE (price-to-earnings) and we did a purchase evaluation. We don’t foresee any impairment”.
（“同時，本集團不認為購置Borsig有任何減值，雖然世界各地的資產價值有顯著下跌。我們買它基於本益比（股格收益），我們做了購買的評價。我們沒有預見到任何損害” 。）
到底收購Borsig的真相是什麼？
ＫＮＭ未收購Borsig前的２００７年營業額是12億3千萬馬幣，收購後根據已經發佈９個月的數據，營業額估計是22億3千5百萬馬幣，約增長1億零5百64萬馬幣或８１.７％，ＫＮＭ說主要是來自Borsig的貢獻，因此我們可以大概推斷新增的營業額主要來自Borsig。
利潤率(Margin)則大體維持在未收購Borsig前的１５％。因此可以大概估計，Borsig的估計1億零5百64萬馬幣的營業額以１５％利潤率計算，淨利約1億5千萬馬幣。
為了收購Borsing，ＫＮＭ向Malayan Banking Berhad 借了7億4千8百萬馬幣；人民幣借款5千1百75萬；歐元1億7千3百萬和加幣1億1百萬。合共12億4千1百83萬馬幣。
ＫＮＭ總共用了16億4千5百萬馬幣收購Borsig（約3.5億歐元）ＫＮＭ是否真有給足Borsig 16億4千5百萬馬幣我不肯定，但是跟據ＫＮＭ的財務數據的推斷，以16億4千5百萬馬幣收購淨利才1億5千萬馬幣的公司，本益比高達１６倍，而且是在石油產業巔峰時期的價錢計算，怎樣都不能說是一個好交易。
而根據ＫＮＭ的Balance Sheet，收購Borsig產生的商譽(Goodwill)高達15億6千零22萬馬幣。以此推斷，Borsig的淨資產只不過約8千4百78萬馬幣，收購價竟然是淨資產的１８.４倍！
這簡直是離譜的收購價！ 根本不是ＫＮＭ的Managing Director，Lee Swee Eng所說的：“Meanwhile, the group does not expect any impairment for the acquisition of Borsig although the values of assets around the world have tumbled significantly. We bought it based on multiple PE (price-to-earnings) and we did a purchase evaluation. We don’t foresee any impairment”.
Lee Swee Eng簡直在胡說八道！
根據推算出來的１６倍本益比和１８.４倍市淨率的收購價，顯然１６倍本益比的數據並不可靠，因為財務報表中，淨利是最不可靠的數據。如果依據Borsig的淨利的話，它的ＲＯＥ則高達１７６％！這怎麼可能？ＢＡＴ（英美菸草）也沒這麼利害！
所以我敢十分肯定，Borsig的盈利肯定是假數據，難怪Borsig的網站沒有提供淨利和淨資產數據。事實上收購Borsig後，除了帳面數字外，根本看不到實際的業績成長？
根據Borsig淨資產的數據估計，即使表現再好，淨利最多也不過1千3百萬，如此收購價的真實本益比則高達１２６倍，Borsig甚至也可能是虧本公司？
到此......真相終於大白！
ＫＮＭ的外資股東可以很容易通過德國商務部查一查Borsig是什麼東西，當這些外資知道ＫＮＭ以１８.４倍市淨率收購Borsig的真相後，你說他們會不會即刻逃之夭夭？
這就說明為何ＫＮＭ宣佈收購Borsig後，外資會不計成本的瘋狂賣出。各為股民們應該對當時ＫＮＭ股價一路狂瀉的印象記憶猶新吧？這種跌法絕對不是一個正常藍籌股該有的跌法，其實已經告訴股民裡面已經有大問題了！
因此我堅決相信，收購Borsig其實是“圈錢”計劃！Borsig的背景，實在令人懷疑......
根據ＫＮＭ的INCOME STATEMENT提供的折舊數額如下：
我平時計算時因有計算Amortisation，所以習慣使用Fixed Assets一併計算，這裡因為只談有形資產，所以就採取Property, Plant and Equipment(PPE)計算。
Property, Plant and Equipment的數額：
2003=82,831
2004=95,343
2005=139,345
2006=393,955
2007=468,973
如果以PPE計算，計算INCOME STATEMENT的折舊，折舊年份如下：
2003=61年
2004=44年
2005=76年
2006=157年
2007=185年
如此計算，ＫＮＭ顯然折舊不足，明顯有問題。
但是如何計算ＫＮＭ的TOTAL折舊呢？
結果如下：
2003=21年
2004=14年
2005=15年
2006=20年
2007=18年
根據如此計算，折舊似乎又正確起來了？
但是，如果仔細分析，就會發現很多不對路的地方！
１.根據會計準則，當期消耗的，應該是費用，而不是折舊，折舊的東西必須未來可以為公司創造收入的資產才能使用。Construction work-in-progress能夠算是嗎？
２.Construction work-in-progress是屬於Trade Receivables項目。也就說，它的款項已經拿入營業額，款項納入營業額，依據權責制，其相關的風險，收益，權益，虧損等應該屬於客戶，不應該屬於ＫＮＭ，即使該工程還沒交付給顧客，也不應該再由ＫＮＭ承當，所以為何Construction work-in-progress的折舊可以那入ＫＮＭ的開支？
３.Construction work-in-progress的折舊屬於Trade Receivables項目，也就是Current Assets，它是不可以和屬於Fixed Assets的Property, Plant and Equipment互相計算比較，所以用TOTAL折舊來計算出來的折舊年份，本質上就不合理！
４.我們可以從Balance Sheet看到，Property, Plant and Equipment該項資產佔總資產約４０％－５０％左右，為何屬於它們的折舊率（INCOME STATEMENT部分），佔TOTAL折舊的比例這麼小？
５.如果看看ＫＮＭ的其它同行，如WASEONG(華商控股)，或者其它，你們不會看到它們像ＫＮＭ這樣處理折舊項目。這樣的話解釋只有２個：一是ＫＮＭ作假；而是其他的同行作假。
根據ＫＮＭ這種折舊處理手法，我的感覺是： ＫＮＭ將折舊開支分攤到Construction work-in-progress（Trade Receivables）,以此降低自己的開支，從而提高盈利。
而ＫＮＭ的Trade Receivables本質上就有很多問題！ＫＮＭ的收入９０％來自海外公司，而海外公司又是審計所無法審核的。其海外子公司提供的單據是否有問題？
根劇ＫＮＭ的帳目顯示，它的收賬能力非常差勁，只看到它現金不斷流出，卻看不到有多少現金流入公司帳戶，流動經營能力之差，是大馬石油業之最，只比ＰＥＴＲＡ好而已。
因此，該Trade Receivables已經有問題了，屬於Trade Receivables的Construction work-in-progress中的折舊，可靠性有多高.
2 swing traders, trade @ yr own risk ^V^
寧可我負天下人，休教天下人負我。
Do not make women angry.
Sam, i'm free, so here goes...
Newbie TA forehand call on
Green Packet @1.09 =
Buy at current price. Strong support at rm1.
Stop loss at 3pts below the support line.
Current daily stochastics positive,macd trending up. Vol have been holding steady these 3 months, with the previous downtrend to around 90c level well absorbed. possible accumulation at this stage. Weekly macd supports the upward trend, while the weekly stochastics is only starting to trend up, suggesting a more likely weekly trend move.
In the absence of any major external correction (ie big drop in dow jones) i'm looking for the price to breach 1.17 first, then to head towards target of 1.28/1.29
Holding period 3-4 weeks.
SIME shoot up to 6.65!!
whats your sales target sam?
Hi Bro Sam aka sifu sam,
According to my remiser in RHB for US stock market whichever counter drop below 1.00 for 30 days the counter will be delisted from the listing. It's true? coz i'm eyeing on the AIG at 1.00 for 2 lots...
2 ccdev.. newbie's call on gpacket based on TA or yr TA analysis ?
anyway..good..let see how it goes !?
buy at current level..k..now is 1.11...k..mark it down ..1.11 ^V^
holding period 3 to 4 weeks..k...today is 5 feb...due date shld be 5 March 09...let see yah ?
but i dont really agree with yr "In the absence of any major external correction (ie big drop in dow jones", this is very tricky , k..i give u handicap point ^V^
2 alfred..Sime is 5.70 lah not 6.70..ok ? ha ha ..too excited ka ?..
I will sell 20% @ around 5.95+-..d rest sell along d rise ^V^
2 ws n FELIX..LOOK AT OUR TMI..3.32 liaoo.... 0.32cts up within 1 week..not bad yah..congrats 2 u.. sad to say..i parked 2 buy @ 3.00 d other day..d lowest is 3.02..so nothing done ! really run chicken liaooo
ha~ sorry, my mistake. its 5.70 not 6.70.
happy to see her fly so high suddenly, she went so low these few days ever since i take her home^^
Sam
TMI = Chicken with TURBO LEGS. Our SIME also suddenly on turbo.
sam,
how is dow jones' GE at USD 10?
i m planning to buy n hold for 5 yrs or longer till next bull...
thought it's prfit is dropping but i think if we invest for long term, it will be at very low point to buy?
wht's ur opinion?
thks
2 redsarmy..y not ? GE down from 52 to current price of 10.88.. good bargain buy 4 long term if mkt goes against u.. u can go 4 swing trade^V^
2 those Citigroup holders , I hv placed my order to sell my remaining citigroup @ 4.10 liaoo..let see it can be done by today or not ^V^
dont 4get 2 take profit along d rise ! 2 buy back @ lower price is highly possible ^V^
Dear Sifu Sam
U did mention in ur blog that u use 200 ma(ta method)to allocate ur fund.
Why ur choose 200 ma in ur asset allocation not 100ma or 50ma ?
In bull or bear I would presume that ur asset allocation varies according to that scenario.What is ur suggestion to investor who has only 40k to invest ,how many stocks should he own in his fortfolio?
please correct me if my understanding of the 200ma is wrong.
thanks for ur concern
czar
sifu sam, where can I get FS forecast? really want to read more to improve my year..
sifu sam, how u think about aig???stil a safe bet below 1.2???bank stocks gain a lot before the release of the stimulus plan,but aig still struggling....keep dropping since the anounced to sell aia...
Done, sold my citigroup @ 4.10 just now.. nalance is now zero.
Ma 200 ? what is that ? pls specify ^V^
2 市場維京人, woww so enjoy ar ? holiday @ europe ar ? good sign good sign.. let make $$$$ together in year of ox ^_^
Can someone tell what is GI share and it's in which sector? I tried to search but could not get the share.
2hwh1, GI = Genting international listed in singapore stock exchange , visit :-
http://sg.finance.yahoo.com/q?s=G13.SI&d=t?
I hv parked to buy @ 0.40 d other day.. sighh nothing done , she shot back to 0.44 this morning, anyway..no hurry to buy it now.. i am confident that i could buy it @ 0.40 n below b4 mid of 2009.
buy in stages if she hit 0.40 ^V^ < 0.33 ..u can sailang all !
as 4 sime.. 20% queued @ 5.95 liaooo...sell along d rise ^V^
bad news from US again, there goes SIME stepping away from our our target few feet away... haiz
but hey, C is down too. whats ur entry target for C sam?
Ha ha, Good one from Ben :-
Boss and his Secretary
Boss walked into the office one morning not knowing that his zipper was
down.
His secretary walked up to him and asked, 'Boss this morning when you
left your house, did you close your gate ?'
Boss was not smart enough to understood, so he went back into his office
looking a bit puzzled !
When he was about done with his paper work, he suddenly noticed that his
Zipper was not zipped up.
He zipped up and remembering what his secretary had told him, then boss
finally understood.
He then intentionally
went out to ask for a cup of coffee from his secretary.
When he reached her desk, He said, 'When you saw the gate open did you
see my BMW parked in there ?'
The secretary smiled for a moment and said, 'No, Boss I didn't.
All I saw was a Kancil 600 with 2 flat tyre.'
Boss went back to his office mumering... kan ni neh...
^V^
2 alfred, u didnt cabut when i called to cabut 4.10 last friday ( posted as above ), this d second times i made gain from citigroup, play around d range.. Fluctuations of d mkt is where we make our $$$$^V^
I am eyeing to buy back @ 2.80+_ AGAIN.. will post it here b4 hand , stay tune ^V^
See ? b4 mid of 2009 , dont buy n hold ! hit n run is d most ideal approach ^V^
hi sam,
i dun have C on my hand atm,
was asking abt its entry target, as current US bank market seems to start shaking... see if your entry target have changed.
if have sure follow u cabut. ^^
thanks!
wah sime now 5.85
congratulation.
My sime-ck still not moving.
Hi Sam,
Your pick on Sime is GREAT!!
Congrate!
Unfortunately , i didn't pick up :-((
2 ching , woww yr :_人生就如一張有去無回單程車票
他沒有彩排﹐每一刻都是現場直播﹗
把握每一次的演出﹐便是最好的珍惜﹐活得精彩.
Yes,our final defination r all d same "death " , hence me must 活得精彩 ^V^
Sime is a great pick ? not really lah.. d great pick is in making ! u will soon know what is small knife cut big tree like ijmwb @ 0.38 ! this sime thingy is 4 short term swing trades , hit n run ! see ? TA buggers, do I need macd, rsi mav to time my entry ? if u still dont throw away yr TA n follow FA, sad 2 say, god oso cannot help u liaoo ^_^
Sam, nice pick on SIME as said u jump I jump yah... thanks for the pick and I'm now waiting for the RM5.95 to let go some. :)
Cheers.
2 starz, good decision , sell along d rise.. i dun think sime will cross 6.50 in short term , u can sell in stages such as 5.95 , 6.05 , 6.15 , 6.25 n 6.40 if all done, yr avg selling price shld be around 6.20+- , which giving u returns of 0.70 /5.50 x 100% = 13%+- in less than one month .. how u like that ?
imagine if u can make 5 times from its , range from 5.20 to 6.00, 50% returns from her shld not be any problem ^V^
DOnt dream of bull coming back esp b4 mid of 2009 , no way for this year , this year is for ding dong (swing ) trades , common sense tell us, once mkt bounce back to certain level, those who holding at high will sell their holding off , who wants to hold stock in recession ? siapa ? hence .. it is very unlikely 4 mr bull to overcome d obstacles ! damn damn hard !
european stock markets gone into negative territory again..good nite for hunting stocks sifu?
missed the boat many times already...very determined not to miss your next boat...looking for your next forehand call, sam gor :D
CHEERS!!
I should be reading this blog more often la.....for the jokes Uncle Sam cracks up..haha kancil 600 with 2 flat tyres...
Sifu Sam,
Happy time coming, sell along the rise :D
US stock start GREEN, Good for us.
Wat's next?? haha....
thanks and regards,
yk
bro sam,
what you think about AIG at current 0.92 ?? cheap to go in ? government will help this AIG ??
Hi Sam,
For few months i din't buy share already. Very "kia si" will loss money in bear market.
Ok, this time i'll follow your "small knife cut big tree"'s pick (ijmwb)..Hope we can make some pocket money fr this stock..
Cheers,
Uncle Sam,
What is the reason for the recent rise for Sime from 5.50+ to 5.95 today. Unfortunately I didn't buy at that time.
Sifu Sam,
Thanks you very much for the pick! Now I'm having 8.3% unrealized profit, which is better then the current FD rate man.
Cheers... & Best regards to you (SAM)
(p/s: pls include me in your email loop for future PICKS)
bro sam,
what you think about AIG at current 0.96 ?? cheap to go in ? government will help this AIG ??
citigroup...your next level to in is 2.80??
Hi Sifu Sam,
Can you keep me in the mailing loop at stefan_soh@yaho.com for your FA recommendations? Thanks!!
Dear Sifu Sam,
Thanks for your nice pick SIME...
Help me earn some pocket money...
Your are God of Share liao...
Thanks & Best regards to you (Sifu SAM)
(p/s: pls include me in your email loop for future PICKS)
I will always support you...
THANK YOU VERY MUCH !!!!!!
aundre,
i read somewhere that where a US stock is less than USD1.00 over a consecutive 30-day trading period,the stock will be subject to delisting procedures. I havent confirm but if you want to go into stock less than 1, better check first.
hmm...that's another risk for AIG, lowest 0.85 yesterday!
Dear Sifu Sam,
May I know which the best broker to engage with to invest in the US stocks ? Any minimum outlay ?
Stefan
yo! testing. Haha
Regarding US stock below 1 's doubt, i am still checking on it , but i dun think it is possible ..cos if that's d case.. d previous bail out on AIG will gone into drain , 4 those who interested on KNM, pls read d below b4 u jump into her :-
折舊造假ＫＮＭ的
折舊率從２００３年的２１年變成現在的２１０年！帳目造假已經明顯到不能明顯了！我還沒聽過除土地外，有什麼資產可以有２１０年的壽命？ＫＮＭ帳目造假的年份是油價明顯飆升的２００５年開始，目的顯然是美化帳目再配合高油價的熱氣來炒作自己公司。
NO CASH的ＫＮＭ
ＫＮＭ收取的現金一向來超爛
2003經營逆差－－5百67萬
2004經營逆差－－8百73萬
2005經營順差－－9千7百萬（進步神速？）
2006經營逆差－－3千4百萬（180度轉變為逆差？）
2007經營順差－－千萬（又回來順差，但是沒有超越2005年）
2008又怎樣？第一季是逆差4千4百萬；第二季拜收購BORSRNG之故，破紀錄順差3億6千萬；（早就說收購BORSRNG是“圈錢”的啦！）
不過一下子就沒力了！到第三季就變成9千8百萬！當中的2億6千萬不知溜到哪去了？
盈利是帳單堆起來的；不是真CASH
ＫＮＭ上市６年來加總計算，收取了2億2千6百97萬。你們認為是否很多？那你們知道ＫＮＭ對外發佈的６年來盈利是多少嗎？總數是6億5千5百56萬。如果沒有那不知是什麼東東的BORSRNG，數據更加糟糕！ＫＮＭ本身根本是“錢不夠用”，所以一直以來變本加厲地拖欠供應商的錢不還來維持自己的生命。
ＫＮＭ的真實股東權益帳面上，ＫＮＭ的股東權益是ＲＭ０.４５，很接近現在的股價，如果扣除一些根本沒價值的資產，帳面上來看，其實只有ＲＭ０.０４５。
比帳面上的ＲＭ０.４５還要縮水９０％。以此計算最新２００８年的資本回報，竟然高達１５５％。比英美煙草還利害！簡直荒繆到極點！
收購BORSRNG後，ＫＮＭ變小了
在ＫＮＭ還未收購BORSRNG的時候，每股淨股東權益是ＲＭ０.１５４，但是收購BORSRNG後，就變成ＲＭ０.０４５。股東權益不見了７０.７％？
照理收購後股東權益應該變大才對？更何況又向銀行借了這麼多錢？有誰人可以告訴我，原本的ＲＭ０.１０９去哪了？
難道ＫＮＭ收購BORSRNG真的是個“圈錢”的陰謀？難怪這麼多外資完全不理ＫＮＭ公佈的盈利增長報告，反而快快賣掉走人！
債務炸彈
ＫＮＭ的長期負債是2億9千7百萬，但是短期負債竟然高達9億7千6百萬？短期負債大部是Malayan Bank這傻瓜銀行借給他的。
ＫＮＭ肯定無法在１年內還清這9億7千6百萬。還債期一到的時候ＫＮＭ怎麼辦？結果如何？自己想吧！
好運的話，也許債權人讓你把債務拉長來還，如此長期債務就變成12億7千3百萬，每股ＲＭ０.３３，比股東權益多上７.３倍。假如利率６％，一年利息也需要約7千6百萬。
我還沒看過資產債務表糟糕到這種情況的公司可以沒事的生存下去！買ＫＮＭ的人，最好自己保重了！ 看見不協調的賬目就要跑 ＫＮＭ“備受外資喜愛”，ＥＰＦ（公積金局）拼命買進的ＫＮＭ！ VERY PITY TO THOSE WORKING HARD AND PUT THEIR $ TO EPF (ALSO HOLDING MAYBANK SHARE) .....SIGH
My advice, dun taked risk ^V^
金融海啸第二波很有可能提前
“金融海啸第二波很有可能提前，要早于之前预计的春夏之交。现在的市场已经开始表现：花旗银行一天股价下跌了25％，还有美国银行、汇丰、德意志银行等欧美银行体系出现了资金大量短缺。”在成功预言了2007年的次贷危机、2008年的第一波金融海啸之后，宏源证券结构融资部总经理宋鸿兵仍旧没有放下心中的包袱。1月16日，他在接受《每日经济新闻》专访时再次重申了自己的观点。
根本原因仍是衍生品
“现在道琼斯指数一天下跌一两百点还不算大问题，但是如果出现指数单日下跌超过400点的情况就需要非常小心，我认为那就是新一轮危机爆发的基本征兆。”宋鸿兵表示，不管是近期欧美股市接连暴跌，还是外资银行抛售中国股票，美元指数走高，石油价格下跌，其根本点都是一个——美国的金融机构极度缺乏资金。
金融机构缺乏资金的根本原因还是衍生品。由于次贷危机后金融机构急于去杠杆化，这导致了大量合同违约。宋鸿兵认为，首先，美国政府根本无力提供如此多、如此庞大的金融机构资金缺口；其次，美国企业的企业垃圾债数额为20万亿美元，远超12万亿规模的房屋贷款。
“美国政府如果要注资，首先要解决的一个问题就是钱从哪来。那些认为美国政府会无限制印刷钞票，而市场始终能够承接的观点显然不对。政府募集资金解决资金短缺，本身就是个互为矛盾的事情。”宋鸿兵分析说，美国政府本身没有储蓄，根本无力提供国家财富救助金融机构，那么就只能发行巨额国债，但是国债需要机构前来购买。目前美国金融机构本身缺乏资金，而除了中国和日本之外，其他国家都在减持美国国债。
“目前中国持有美国国债6000多亿美元，数量已经非常大。下一步美国拿出的救助资金可能要2万亿~3万亿美元，到时候谁又有能力买呢？各国难道不会情绪反弹，进而加剧抛售美元么？”宋鸿兵表示，美元出现危机正是本轮危机最终的表现，美国政府最终将陷入两难境地——要么国债违约解决欠账，要么突然爆发恶性通货膨胀。
中国经济将受冲击
宋鸿兵表示，美国企业债中的“次级债”数额在1万亿美元左右。但是依照他的工作经验统计，由于金融机构逃离衍生品业，市场大幅抛售相关产品，导致产品评级下降，进而目前“垃圾债”的数量应该超过1万亿美元很多。
未来这部分债券的违约率将迅速扩大，会导致大量商业银行资不抵债，从而破坏整个金融系统的稳定。目前欧美国家已经开始着手预防商业银行危机导致挤兑事情的发生，但是由于总体损失数额庞大，第二波金融海啸将比次贷风波大上3倍。
“我们最近看到美元指数上升，其根本原因就是由于国际货币和大宗交易系统本身与美元挂钩，市场担忧危机爆发而抛出商品，转而换取美元保持财富数量，造成了美元稀缺，美元指数大幅上升。”宋鸿兵强调，说美元指数上升背后是危机加剧，不如说是衍生品市场危机加剧更确切。
金融风暴的到来也会对中国经济各方面产生冲击。宋鸿兵表示，由于人民币与美元挂钩，因此中国若要保持人民币汇率稳定，货币的发行就会被美联储的货币政策牵制。
“中国还是要买美国国债，如果美国出现问题，对于中国总体经济结构会有深远影响。但是由于美国国债是可以流动的，因此我们可以将手中的美国国债盘活，比如让其他金融机构从我们手中借出美元，而我们要他们的贵重金属、矿山、技术专利等作为抵押，保存自己的财富。”
宋鸿兵表示，金融海啸又一波已可以预见，市场不要存侥幸心理，中国股市资金的多少与美国市场的关联非常大，下一步发展仍需谨慎。
--股市360财经频道讯
美元危机
宋鸿兵双手分别拿着一张100美元钞票和一张100元人民币，正介绍地区货币出现的可能性。“在激烈的货币战争中，作为基轴货币美元的没落是必然的。今年第三、第四季度，前 所未有的巨大‘金融海啸’将涌向眼前，美元也将无法摆脱这个旋涡。”
《货币战争》一书准确地预测了这次世界金融危机而备受高度关注，该书的作者宋鸿兵勾画的美元的未来并不光明。宋鸿兵曾在美国金融界作为衍生金融商品专家供职，他在2007 年出版的该书中就全球金融危机的原因和结果进行了分析，并还提出自19世纪周尔往复的经济危机背后有巨大的犹太人金融资本的“阴谋论”。由此，宋鸿兵一跃成为了国际金融 界关注的人物。《货币战争》一书出版后即成了畅销书，在中国销出160万册，在韩国销出10万册，还将在美国、日本等国出版发行。
宋鸿兵现任中国政府的经济研究机构环球财经研究院院长。宋鸿兵13日在北京接受了记者采访。宋鸿兵预测的世界经济危机的发生过程比其他专家的预料得更加黯淡。
宋鸿兵说：“(受急剧的经济下滑影响)今年下半年企业债中的垃圾债券问题更加严重，而这将引发世界主要国家商业银行的危机，世界经济也会迅速恶化。”
他将这种状况叫做继去年下半年美国华尔街投资银行的没落引发“金融危机第一波”之后的“第二波”。他认为，商业银行的亏损问题会成为“第二波”的震中。即，世界经济会 呈现出，“第一轮经济危机、向实体经济转移、企业亏损、商业银行危机、第2轮经济危机”。
“现在企业债中的垃圾债券比率即将迅速上升。去年引发金融危机的美国住宅贷款规模为13万亿美元，可企业债的规模却已超过25万亿美元。这就是令人更为震撼的原因。”
宋鸿兵还警告说，全球约达62万亿美元的CDS(信用违约掉期)商品的风险度。他说：“三分之一以上的CDS是向亏损危险极大的‘垃圾债权’投资。虽说截止目前主要是投资银行的 CDS有问题，但如今商业银行的炸弹(投资CDS及CDS的对冲基金)也即将爆发。”
宋鸿兵还预测说，这场金融危机不会在商业银行危机上止步，而将进一步升级为“美元危机”。
“美国联邦储备委员会(FRB)只能大量印钞票，要购买国债、企业期票、房贷债券，以求债券市场的稳定。若美联储的财政出现恶化，美国政府将会出面救助，从而国家财政将进一 步恶化。由此，美国政府因严重的财政赤字将失去市场信誉，并由于货币供应过量，在经历严重通货膨胀的过程中美元将会没落。”
他预估称，这个过程将在未来5至10年内成为现实。并且，在美元没落后的过渡时期，将会出现6到7种地区货币，以替代当前以美元为中心的国际货币体系。
他还说：“像现在这样某一个国家的货币作为基轴货币的时代必将告终。（经历地区货币时代后）最终如同金本位制那样，金或银作为本位币的世界货币（world money）将成为基 轴货币。”
朝鲜日报记者 李性勋
ccdev,
yaya..I heard also..anyway, will careful monitor it..
sam,
I also got the same view with you about KNM..Better dont take risk on this counter.
Looking forward your good view and picks to your blog..What are the counters you monitor currently?
something on stock below usd 1 "Satyam to remain listed as of now: NYSE
New York, Jan 13: The New York Stock Exchange on Monday said it will delist Satyam shares only if its average share price for 30 trading sessions goes below USD 1.
With a plunge of over 90 per cent at the NYSE, Satyam yesterday slipped below one dollar level in the early morning trade but regained this mark shortly thereafter.
Asked if the NYSE will issue a notice for possible delisting of the company for shares dipping below one dollar, NYSE spokesperson told in an e-mailed statement, "No, the average closing price of a security must be less than one dollar over a consecutive 30 trading-day period.
When that average price is reached, the company receives a letter from New York Stock Exchange Regulation informing the company that it has six months to get the price above one dollar or face suspension and delisting."
I guess still got 6 months to play if below usd1.
Can anyone translate the gist of the KNM news above?
Hi Sam,
Could please add me in the mailing loop for your stock recommendations? i play in KLSE.. Thanks!!
cpteoh26@gmail.com
Hi Sam,
Plz add me as well for KLSE stock recommmendation.
malaysia_line@hotmail.com
Thanks :)
2 CCDEV n Kiko ( u called 2 buy gapcket @1.12 ), Gpacket just reported nett loss of 59 million or EPS=-11cts , so how now ? still 1.80 by 2 March ? 2 more weeks to go .. based on such shit earning , let see how yr TA works !?^V^
How could she goes up with such ugly earning ? who wanna to buy ? they r waiting 4 blind flies to jump in so that they can throw all 2 u guys !
How could a huge loss company survive in such a deep shit recession ? how now ? still a buy on gpacket ? anyone ?
Yes, I called to buy gpacket, we still got half month to go, why you so worry...
Anyway I did mention I never know how to use TA, I use my own way to pick.
Still remain same target by march 1.80
Hello mr kiko , excuse me,,, i didnt hv it , hence y should i worry ? ha ha..
Those who hv it shld worry not me ! k ^_^ ?
K.. since u said u r not using TA 4 gpacket it is solely insider news ..ok..no credit given to TA if she shot up 2 1.80 ^_^
2 ccdev , it is now 1.01 liaoo... 3 more cts to go b4 u apply stop loss .. let us know if stop loss button is trigger ..k ?
She must quit, says Khir Toyo
Ai yo yo..balls carrier of Mr shit, y shld her resign ? if murderer needless to step down y shld a victim need to quit ? what logic is that ?
Come on anak toyol , what u expect from a 39 years old unmarried lady ? human being mah.. all need sex wat !? what so big deal ? further more she is unaware of it ! y shld elizaberth quit ? kepala otak engkau !
To Kiko,
I really dun see how Gpacket is going to shoot up to 1.80....&0% rise in 1 months time?!!? Wif their negative report jz released?!How you make ur prediction, im not too sure..but plz dun say FA or not u will make Uncle Sam very angry.... ><"
sam,
add me too..
briankoay@gmail.com
btw, how's ioicorp & ytlpowr target price in ur opinion?
thanks
Politics here are extremely immature and dirty! Can they really focus onto their country's problem instead. Really saddened with things happened to Elizaberth.
Woww..DOw plunged another 297 points ..n oso >>
GM, Chrysler seek more gov't aid, to cut more jobs- AP
General Motors and Chrysler asked the government for an additional $14 billion in aid, a dramatic acknowledgment that conditions in the U.S. auto industry have grown significantly worse in just two months.
Not enuf ar ? ha ha..not only GM.. lot of them oso need gov bail out badly.. see ? i told u oledi..d worse is not over yet.. stay aside n wait 4 durians fall ^V^
BTW, ...ah seng latest posting telling u he knows when to buy shares..ha ha..really ? y not u explain to us y u bought citigroup @ 6.50 , proton @ 2.00 n parkson @ 7.50 ? where is yr timing ? how much they worth now seng ?
I will blog this up later..see yah ^_^
Hi Sam,
Do you think Resort is good buy now?
If base on FA, what is the best entry price?
keep it up sam
yo sam... im new to here but it is interesting. Keep on the loop as well
kc.mervyn@gmail.com
Totally agreed with what
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