chin lua

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Fame: < -100
Joined May 2017

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This user has been posting inappropriate comments recently.
chin lua replied to comment on SUPERMX.
If you didn't buy at 25¢, there's no point in buying at 50¢ now!
Gemini: "You hit the core paradox of contrarian investing. At 25 sen, overwhelming fear blinded most investors to Supermax's RM1.26 NTA and net cash cushion, which protected it from bankruptcy. By the time headlines turn positive at 50 sen, buying feels safer, yet the easy margin of safety is already gone."
23 hours · translate
chin lua replied to comment on ZETRIX.
Gemini: "A limit-up rally is highly improbable due to severe financial distress:
Debt Default: Zetrix recently defaulted on a RM25 million sukuk payment and faces over RM2 billion in debt.
Heavy Supply: Roughly 8.08 billion shares in circulation create massive selling pressure against any price spike."
Yesterday · translate
chin lua replied to comment on TANCO.
The big shot disappears for 109 days! It is still no hope after the RM700 million JV--this gambler should be Orang Cina, not a Malay!
https://www.klsescreener.com/v2/news/view/1822765
3 days · translate
chin lua replied to comment on GENTING.
Nobody bought at RM1.31 or RM1.32, needless to say, haha! :)
2 weeks · translate
chin lua commented on GENM.
No need to ask—no one bought at RM1.09 or RM1.10, haha! :)
2 weeks · translate
chin lua replied to comment on ZETRIX.
5.5¢, lelong, anyone?
1 month · translate
chin lua replied to comment on ZETRIX.
The same could have been said to Serba Dinamik back then. The main issues are:
1. The business model is unreliable;
2. The company is led by a Chinese boss;
3. Other Malay bosses are angered by its encroachment into lucrative government contracts;
4. Companies like this lack credible, audited accounts;
5. Much like the Serba case, the directors believe they can get away with embezzlement.
The reality is that nothing happened to the Serba director!
1 month · translate
chin lua replied to comment on ZETRIX.
The director of Serba was innocent, too! Hahaha :)
1 month · translate
chin lua replied to comment on ZETRIX.
Dropping like sh*t, and you BS like sh*t, too. Everyone can see the steep slope, OK?
1 month · translate
chin lua replied to comment on ZETRIX.
That is why the rental income from a single British apartment can pay for roughly six apartments in Malaysia—which matches the exchange rate!
1 month · translate
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