Thursday, December 30, 2010

IJMLand+MRCB mega deal merge called off.


« Reply #712 on: Today at 06:06:09 PM »


The last time I made big loss was in Oct 2010 when I bought KFC on Trading contra.  I made 12k loss 3.15 to 3.00 which dropped for 15 cents.  But less than 2 weeks I made 160k from 300k margin facilities with 100k unit of KFC.

Sometimes I bought contra because it reminds me how hard my money is working in the margin account.  I know this round I am going to lose about 20k on paper loss. 

I understand Warren Buffett style and his rules of investment.  #1. Never lose money.  #2 Never forget rule #1.  But that just not work for me.   No pain no gain is my only rule for investment.

I really want to thank everyone for supporting IJMLand.   Unlike Hap Seng, IJMLand is a company that really needs money for development and they are doing a great job.  Thats why I fully support IJMLand.  I will never sell my 400k worth of IJMLand & Wa shares even though next week.  Cos IJMLand deserves to have a loyal financer like me.

With this wraps up my post for Attack IJMLand for RM3.60.  Thank you to all my beloved supporters.  Handshake Handshake   

Wednesday, December 29, 2010

Buying two properties and give one away?


Pattern Trader
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« on: December 16, 2009, 01:58:56 AM »
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For example, let’s say you bought a $300,000 apartment and took a $270,000 mortgage at 3.55%, i.e. BLR-2.0% stretched over 30 years. If you just paid the minimum installment payments every month, how much would you have paid in total interest?

The answer: Using a financial calculator, you can see that you will pay $1,220 in monthly installments for 30 years. That’s a total of $439,200 in installment payments! You would have paid a total of 169,200 in interest to the bank.

If interest rate increases to 5.3%, that’s like buying two apartments and giving the bank one!

Useful Mortgage Calculator with Amortization Graph, Repayment Chart & Balance Graph for better visualization http://www.mortgagecalculator.org

jollybee
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You got a telephone!

« Reply #5 on: October 26, 2010, 09:26:29 PM »
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Dude, we have arrived a time called massive inflation.  The cash money that we hold reflects lesser value.  Groceries, sundry goods, household items, food all asking for a higher price.

Lets say the 2010 lending rate is 4%.  Do you think that inflation for 2010 is lesser than 4%?

Even if I am cash rich, I would think getting a loan from the bank worth more.  Loan is a privilege that only a person who is financially sound and good credit history gets it.  

Stock market vs. Property investment

605 Alternative Investment Vehicles / Real Estate / Re: Property or Stocks?on: October 26, 2010, 08:48:21 PM
Stock is a faster place to make money.  Without money, even the banks won't lend us to buy property.  There is a local saying goes like this;  you buy a property after you have earned the money.

In general, property is more stable because it is for people who is financially sound.

However in mainland or HK, people speculates on real estate property just like the share market.  With 10% of downpayment, the bank would easily lend you remaining balance to purchase a new property that is selling few times more expensive than market price.  After buying, if the 'overall value' of the same property fell, the purchaser have to compensate the bank for the loss, just like having a Margin call to top up the Trust account.

Shanghai real estate property already experienced a crash in late 2005 and early 2006.  It is nothing new esp when RMB is forced to trade higher, the national exports deterioriate.  Malaysian Ringgit see herself enjoying in between the RMB and USD based currencies like SGD & HKD margin.

KFC Review DEC 2010


Sunday, December 26, 2010

KFC Uptrend - Oct 2010


635 Stock Markets / KLSE / Re: KFC (3492) Trendon: October 25, 2010, 01:00:09 PM
It may be a bit too high now. There was quite some time where the stock price lingering around $3 - $3.10 where was the best time for entry. I did call for buy in other trend post in this forum. 

KFC is the Flying star for 3rd quarter announcement!!  No turning back at Rm3.3   RM3.5 is coming!!  QSR and Kulim are flying high again!!

When the stock lingered at RM3 - 3.1, Kulim, JohorCorp already snapped up all those cheap stock!  Read annoucement 1 Oct to 15 Oct.   Already 3 rounds of heavy buying by those companies.
634 Stock Markets / KLSE / Re: KFC (3492) Trendon: October 25, 2010, 01:08:13 PM
always want to buy KFC and wait wait, but price never come down. Now the price is RM3.30.
 Wat do u think?

Did u buy KFC? If yes, how many lots and wat price u bought? Mind to let me know?? At least i will have a comrade if i enter ...

Dude, I bought a lot of KFC.  I bought half of my units at Rm11.10 before split (about RM2.75 now).  Another half at RM3.25.   KFC will be the biggest flying star this month with best quarterly results this 2010.

It will hit RM3.5 even before Q3 results announced.  Look Kulim, Johor Corp are snapping up KFC at whatever price available !!   Quick grab before too late!
616 Stock Markets / KLSE / Re: Uptrend for KFC (3492)on: October 26, 2010, 12:44:02 PM
expensive liao.... 3.34.... wait till it drops till 3.10

Kulim and Johor corp already sapu all 3.00 - 3.25 during first half of October.   How can you get those prices now?Huh

Expensive?  The price keeps on climbing.............3.35 closing liao lor today!!  RHB reseach TP is 3.62!!!!


======================   Newsfeed ==============================

Kulim (Malaysia) Bhd. does not exclude the possibility of KFC Holdings (M) Bhd. (KFCH) as a private company.

Kulim managing director Ahamad Mohamad said:''We never think about it, but we also have to admit that it is not impossible.''

However, Ahamad added, the effort is difficult to do because KFCH is a public listed company of choice, but not pushing it in the future.

"It is a public listed company of choice to the public. Therefore, the possibility of making private companies is very difficult. However, we do not know (the future),''he said after opening a third restaurant KFCH in India, here yesterday.

Kulim recent months has reduced its stake in QSR Brands Bhd, which is the parent company of KFCH, and continue to buy shares in KFCH.

At the same time, Kulim has also been buying shares in the market KFCH public.

According to Ahamad again, it is always keen to strengthen their presence in KFCH.

To date, Kulim has a 60 percent stake in QSR and QSR has a 50 percent stake in KFCH.

"It is better to have a direct stake (held directly in KFCH)," said Ahamad.

"However, shareholders who do not mind (KFCH) because in the end, if the business is making huge profits, shareholders will receive all the benefits," he said
608 Stock Markets / KLSE / KFCH Uptrend TP = RM3.61 $$$$on: October 26, 2010, 05:04:41 PM
KFC target price fair value is RM3.61 by RHB 30/9/10 Outperform

Target date = 25 Nov 2010; estimate about the time when 3rd quarter result is announced.

China's central bank raises interest rates again

(Xinhua/Agencies)
Updated: 2010-12-25 19:36

BEIJING - China's central bank will raise the one-year lending and deposit interests rate by 25 basis points from December 26, according to a statement posted on the website of the People's Bank of China Saturday.

This is the second time for the central bank to hike interests rate within 2010 after it raised the benchmark lending and deposit rates by 25 basis points on October 20, as was the first time in about two years

Friday, December 24, 2010

Attack IJMLand on 21st Dec 2010

85 Stock Markets / KLSE / Re: ATTACK IJMLAND RM3.18 TP RM3.40 for Today, Rm3.60 for Tomorrowon: December 21, 2010, 12:13:27 PM
I just want to advise all.  If today IJM corp stay at 6.45.   According to my 3 pocket theory, this round of booming should belong to IJMLand that will last for 2 days.  The trading volume is above 25k.

Reason for IJMLand to fly =>
IJM mother share already up 4% last 2 days   Nod
Hang Seng index is up 250 points today.   Cash
US showing signs of recovery.    Handshake
Construction stock becomes a big hit.   Tongue
Palm oil future scaled down.  Clap 
Big sharks are holding IJMLand since last week.  Thumbs Up

Big KOPI money on the making!!!!!!!!!!!!!!!!!!   ATTACK IJMLAND & Wa!!!!!!

OSK Research ups TP for IJM Corp to RM6.60

KUALA LUMPUR: OSK Research has raised its target price for IJM Corp to RM6.60 (from RM6.31 previously) after the company last Friday announced that it had won a RM461 million contract for Phase 3 of the Platinum Park development by Naza TTDI.

'Its job wins so far into FY11, totaling RM1.84 billion, have beaten our RM1.5 billion target. Potential jobs in the pipeline include high-rise buildings in KL, Kelau Dam, West Coast Expressway and LRT packages.

'We keep our FY11 earnings unchanged but raise the numbers for FY12-13 by 1%-6%. Maintain Neutral call on IJM given the limited 5.2% upside.

Tuesday, December 21, 2010

PCHEM Pre-Listing Forecast

353 Stock Markets / KLSE / Re: ATTACK IJMLAND RM3.18 TP RM3.40 for Today, Rm3.60 for Tomorrowon: November 29, 2010, 10:38:37 AM
jolly ---- are u going into PChem?Huh look attractive price to me....

If PCHEM is another Maxis replay then,  it is like the pattern I estimated................Drop from high to low, stay in middle.
5.70 -5.25 = 45 cents  /2 = 24.5 cents.

5.25 + 0.245 = 5.50 stay for about 6 months - 9 months until election drawing near.

I am not going into PCHEM.  Only 5% rebound space.  Buy IJMLand better lar............still got 20% to rebound and shoot.  My uncle already advertise IJMLand in the Edge lar last week.    

Thursday, December 9, 2010

Jim Rogers predicts hyper inflation is coming

einvest88
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« on: December 09, 2010, 10:18:25 PM »
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罗杰斯:未来将出现超级通胀
2010/12/09 5:41:11 PM
●南洋商报

(纽约9日讯)著名投资家罗杰斯依然看好大宗商品的前景。

日前他在出席一个会议时暗示,未来将出现超级通胀,而物价上涨压力下,“未来几年美国利率将涨得非常、非常、非常高”,同期股市表现将难以令人乐观。

罗杰斯指出,鉴于宽松的货币政策以及美国和一些西方国家高企的债务水平,商品市场整体看好。

“如果全球经济好转,大宗商品将因供应短缺而价格上涨;而如果全球经济没有好转,世界各国央行势必继续大印钞票,这种情况下实实在在的资产才能起到保值作用。”

他预计金价最终将涨至每安士2000美元(6280令吉)上方。

周二,国际现货金价创下1430.95美元(4493.18令吉)的历史纪录。

罗杰斯在路透2011投资前景峰会上暗示了未来出现超级通胀的可能性。

207 Stock Markets / KLSE / Re: 罗杰斯:未来将出现超级通胀on: December 10, 2010, 12:52:24 AM
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "

The government's debt structure puts them on track to have to pay over 35% of their tax receipts to interest payments on the debt within the next 10 years. The government's cost of borrowing will skyrocket. The Fed will bail them out by printing even more money, and we will have a hyper-inflationary great depression. Seriously, if you look at the government debt situation, you will realize that the eventual options are default or inflation, and governments always chooses inflation

Jim Rogers :"...No matter what happens, America is going to continue to print money. Unfortunately that is all America knows to do, it is not the right thing to do, it is not good for the world, but that is all America knows to do.

If there is war, they are going to print money. If there is not war, they are going to print money and so whenever there has been money printing, the result has been that you should have your money in real assets. It has been a pretty clear thing throughout history. The real assets are the only way to protect yourself. Real assets are basically the only way to protect yourself in time of war. ..."
in www.economictimes.indiatimes.com   Thumbs Up Thumbs Up Thumbs Up Thumbs Up
206 Stock Markets / KLSE / Re: 罗杰斯:未来将出现超级通胀on: December 10, 2010, 01:15:26 AM
Soros thinks that there is bubble in gold.  So he sold all his gold and changed to foreign currencies based in HK.

Jim Rogers thinks that there is no gold bubble but the US currency has bubble.  So he invests in Chinese agriculture stocks & gold commodities.

Warren Buffett thinks that there is no bubble at all.  Buying stocks in US and China is OK.

China's people thinks that, those crooks are coming to short their high liquidity assets again.  Therefore there are bubbles in Chinese Yuan currency and stocks.  So buying real estate properties is a better thing to do.

China's goverment thinks that the real estate property market has bubble.  So the gov imposed credit tightening and minimum reserve measures on banks; plus more regulations on the real estate investors.

So what do you all think?

Review of China listed banks in HK


Richard188
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* GE13 Is Getting Near, Come Back After GE 13 *

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« on: October 14, 2010, 10:17:50 AM »
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 HONG KONG, Oct 14 (Reuters) - Hong Kong stocks are set to
extend their recent gains on Thursday following
stronger-than-expected earnings from U.S. companies that sent
Wall Street shares to a five-month high.

 Resources plays are expected to rise, tracking gains in the
sector across the region on soaring commodity prices as China's
month-on-month import growth hit a record high. [ID:nTOE69C01D]

 On Wednesday, the benchmark Hang Seng Index .HSI hit a
28-month high, rising 1.5 percent to 23,457.69. The index, up
more than 13 percent since the end of August, faces technical
resistance around 23,730, where a large gap opened on the
downside in June 2008.

 Mainland banking shares, which have underperformed the
broader market all year, are seeing renewed interest and are
expected to rise as investors chase laggards and relatively low
valuations tempt those seeking value.

 New yuan loans in September surged to 596 billion yuan ($89
billion) as banks were freer with their lending with the global
economy increasingly flush with liquidity.

 Traders from Standard Chartered said in a note to clients,
citing a statement on the Hong Kong stock exchange, that China's
Central Huijin Investment Co had said it intended to continue
increasing its shareholding in China Construction Bank Corp
(0939.HK) (601939.SS) in the secondary market in the following 12
months.

 CCB shares closed up 2.6 percent on Wednesday.

 Elsewhere in Asia Japan's Nikkei .N225 was up 1.9 percent,
led by resource plays, while  South Korea's KOSPI .KS11 was up
0.8 percent as of 0120 GMT.

 STOCKS TO WATCH:

 - Asia-focused bank Standard Chartered Plc (STAN.L)(2888.HK)
launched a $5.3 billion rights issue to bolster its finances for
new capital rules and provide the firepower to take advantage of
growth opportunities, it said. [ID:nSGE69C01A]

 - Japanese supermarket operator Uny Co Ltd (8270.T) said it
would team up with a unit of Taiwan-based Tingyi (Cayman Islands)
Holdings Corp (0322.HK) to open supermarkets in China, becoming
the latest foreign operators to tap China's booming consumer
market. [ID:nTOE69C06X]

 - China HealthCare Holdings Ltd (0673.HK) said it would buy
cemeteries and funeral parlors assets in Shanghai for HK$3.36
billion, in a deal to be settled by a combination of cash and
issue of convertible note. For statement click
here

 - BYD Co Ltd (1211.HK) said the Shaanxi provincial office of
the Ministry of Land and Resources had decided buildings,
constructions and facilitates built by its subsidiary were
unlawful use of land and would be forfeited and the company fined
2.95 million yuan. BYD said the decision would have no adverse
impact on operations. For statement click
here

 - Geely Automobile Holdings Ltd (0175.HK), a homegrown
Chinese private car maker, said on Wednesday that its September
vehicle sales rose 0.6 percent from the same month last year.
[ID:nHKF002792]

 - International Mining Machinery Holdings Ltd (1683.HK) said
its controlling shareholder TJCC Holdings Ltd HAD sold 175
million shares, reducing its stake in the company to 41.14
percent. For statement click
here

 - A shareholder of Chinese coal mining machinery maker
International Mining Machinery Holdings Ltd (1683.HK) is selling
shares worth up to $156 million, according to a term sheet
obtained by Reuters on Wednesday. [ID:nHKU000279]

 - Solartech International Holdings Ltd (1166.HK) said it was
in preliminary discussions with an independent third
party regarding a possible acquisition of certain rare earth
mines in Mongolia but no definitive agreement had been entered.
For statement click
here

 - Huaneng Power International Inc (0902.HK) said its domestic
power generation within China on consolidated basis totalled
190.903 billion kWh, an increase of 32 percent from the same
period last year, while accumulated on-grid electricity sold
amounted to 179.635 billion kWh. For statement click
here


jollybee
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Posts: 743


You got a telephone!

« Reply #1 on: October 14, 2010, 10:48:55 AM »
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Dude, when you say HK market going up.  The last time I sold my CCB was at HKD 7.3 with MYR/HKD 2.26 in Nov 2009. 

HKD is pegged with USD, so when US market got good news, USD will shoot up.  However, USD compared to 2009 already lost 15-20% of its value.

For the same exchange rate MYR/HKD 2.5, I am looking at HKD 8.5 for CCB on Nov 2010 IF there is a dividend announcement this month.