THIS DECEMBER YEAR END IS THE TIME OF THE YEAR TO BUY ON WEAKNESS

Dear Friends/Fellow Investors,

I was working in a Mission Church many years ago when I heard this story from a Church member who was a Remisier.

He quoted the Bible in Ecclesiates chapter 1 verse :9 ;- “The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun”

In other words it means that the cycle of life and events repeat itself constantly all the time.

And citing one example is the year end stock market weakness. Stock market for KLSE now is weak due to these reasons

  1. Foreign Funds have been selling Bursa to remit funds back to the US due to 2 reasons i) US might increase interest rate. So the Dollar might get stronger  ii) The Dow Jones is doing very well currently

2. Another reason is due to the perceived corruption and kleptocracy of Malaysia’s 1MDB.

3. And the impending Election uncertainty

4. GST has caused a drop in purchasing power – leading to weak consumer stocks

5. And recently there was an Investment Conference in KL. Speaker after speaker told of how Dow will crash by Mid 2018. Their Chartists told them US market will crash in year 2018. Causing panic among hundreds of investors and telling them to get out

6. December is also the month when most Fund Managers and all others go for holidays. So Market activity is slow & dull.

7. With all these negative news cum fatigue many are staying away & stocks are getting weaker by the day.

Ha! Calvin is very happy to say that this is our Best Buying Opportunity.

According to my Remisier Friend. There was an investor who followed the investment rhythm of buying in December Year End and then sell it during the next year Chinese New Year rebound. Of course it might not happen every single year. But if he does it consistently for a 10 year period.

Chances are 7 out of 10 years Market will go up in a New Year. This is called the Capricorn Effect. See https://en.wikipedia.org/wiki/January_effect

It was in December 16th 2014 when I called for a strong buy on Jaks at only 40 sen. As it turned out Jaks has gone up by over 200% now. Of course Calvin does not ask you to chase Jaks now.

The Best Stocks to buy are Stocks with Deep Value Sold down in a time of weakness like now

Below are a list of Stocks which I think Value has emerged

  1. MUI BHD (Andrew Khoo is now in Charge as CEO)
  2.  BJ Corp (Just add on weakness)
  3.  MJ Perak (Proton City Boom)
  4.  MRCB (Already got EDL Toll privatised. HSR Award? More to come)
  5.  BPuri (Cheapest construction Stock)
  6.  MPHB Capital (Pengerang RAPID O& G downstream Boom
  7.  UEMS. Lands nearest Gerbang Nusajaya High Speed Rail Station & Interchange
  8.  DUTALAND. Very deep undervaluation
  9.  OPCOM. More than 5% dividend proposed. And possible cash pay out
  10.  PBA. High NTA. Pays a dividend. Recession proof monopoly
  11.  Others are Palm Oil Counters like CBIP, Kwantas, Harnlern, TDM, WTK, JTiasa, RSawit
  12.  Oversold counters like Media, Bonia, EIG, Texchem & YTL Power

Good luck

Warmest Regards

Calvin Tan, Singapore

MRCB – The Upcoming Hot Stock for GE14 Thematic Play. Why you must not miss? By Calvin Tan Research

Dear Friends and Fellow Investors,

I was reading Exerpts from Robert Kuok Memoirs and I quote

 

YES, PRIME MINISTER

Within a year of our launching MISC, Tun Razak, who by then was prime minister, sent for me. Razak said, “I want you to make a fresh issue of 20 per cent of new shares. I’m under pressure because there is not a high enough Malay percentage of shareholding.” I said, “Tun, are you quite serious about this request?” He answered, “Yes, Robert.” So I replied that I would do it. I went back and, with a little bit of arm-twisting, persuaded the board to pass a resolution waiving the rights of existing shareholders to a rights issue (MISC was not yet a public company). Razak allocated all the new shares to government agencies. So, I was diluted to 20 upon 120 – the enlarged base – and Frank became 15 upon 120.

Tun Razak.

One or two years later, Razak again sent for me. He said, “I’m under a lot of pressure at Cabinet meetings. You know, Robert, it’s just the price of your success. MISC is doing well, people are getting envious. But now, instead of giving in to those factions, what I’ve decided is this: Issue another twenty per cent, five per cent to each of four port cities in Malaysia.”

I HAVE ALWAYS BELIEVED IN SOME DEGREE OF SOCIALISM WHEN YOU HAVE MADE MONEY

This entailed enlarging the capital base to 140 from the original 100, making the Malaysian Government the largest single shareholder and relegating Kuok Brothers to second position. And he again wanted the shares issued at par – the original issue price.

I said, “Tun, I have always cooperated with you, but it’s getting very difficult. Three, four years have elapsed from formation, but I would be loath to ask you for a premium since we are a growing company. So I will go back and ask the board again to issue shares at par to you. But Tun, can you please promise me that this is the last time?” He smiled and very gently signified his agreement, without saying the words.

Calvin comments:

This has been the norm in Malaysia. Govt wants to take certain percentage in profitable companies & give it to Bumiputras. Examples are Bumi quotas when Shares are at IPO stage. Quotas for Bumi in Universities. Bumi Lots from Every Housing Developers at 7% to 15% Discount. And Especially for Govt Linked Companies like TIME.COM, FABER, DRB AND NOW MRCB.

 

MRCB, A GOVT LINKED STOCK?

YESSS!

See

 

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PRIVATISATION AGREEMENT ENTERED INTO BETWEEN RUKUN JUANG SDN BHD, A 85%-OWNED SUBSIDIARY OF MRCB LAND SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MRCB, THE GOVERNMENT OF MALAYSIA, REPRESENTED BY THE MINISTRY OF YOUTH AND SPORTS AND SYARIKAT TANAH DAN HARTA SDN BHD (“PRIVATISATION AGREEMENT”) RELATING TO THE REFURBISHMENT AND UPGRADING OF FACILITIES LOCATED AT THE NATIONAL SPORTS COMPLEX IN BUKIT JALIL, KUALA LUMPUR FOR A TOTAL CONTRACT SUM OF RM1,631,880,000 (“PROPOSED PRIVATISATION”)

MRCB alloted 20% private Placement Shares to BANK RAKYAT under the instruction from BN Govt

See

 

[MRCB] Notice of Interest of Substantial Shareholders – BANK KERJASAMA RAKYAT MALAYSIA BERHAD on 22-Aug-2016


Stock [MRCB]: MALAYSIAN RESOURCES CORP
Announcement Date 22-Aug-2016

Substantial Shareholder’s Particular:

Name BANK KERJASAMA RAKYAT MALAYSIA BERHAD

Details of Changes:

Currency Malaysian Ringgit (MYR)
Date of Change Type Number of Shares
18-Aug-2016 Acquired 172,000,000
Nature of Interest Direct Interest
Shares Ordinary Shares of RM1.00 each
Reason Subscription of ordinary shares under a private placement exercise.

Total no of securities after change

Direct (units) 172,000,000
Direct (%) 8.27
Indirect (units) 0
Indirect (%) 0.00
Total (units) 172,000,000
Total (%) 8.27
Date of Notice 18-Aug-2016

 

AND IF YOU CHECK THE ORIGINS OF BANK RAKYAT IT COULD BE TRACED TO THE MINSTER OF FINANCE, GOVT OF MALAYSIA

See

Bank Rakyat (Bank Kerjasama Rakyat Malaysia Berhad) is an Islamic cooperative bank which was established on 28 September 1954 under the Cooperative Ordinance of 1948 (Cooperative Societies Act 1993), following the growth of the cooperative movement in Peninsular Malaysia. The bank is an entity under the control of the Ministry of Domestic Trade, Cooperatives and Consumerism since 2004; in 1989 it was controlled by the Ministry of Land and Co-operative Development and the Ministry of Finance and in 2002 changed control to the Central Bank of Malaysiaunder the Development of Financial Institution Act.

So the Secret is Out!

BN GOVT WILL BE GIVING THE LION SHARES OF PROJECT AWARDS TO MRCB!

Knowing these FACTS Insiders of MRCB are Gobbling Up ESOS shares at Rm1.00 in no time. See

 

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR THE “COMPANY”) ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MRCB (EXCLUDING TREASURY SHARES), FOR THE ELIGIBLE EMPLOYEES OF MRCB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) AND ELIGIBLE EXECUTIVE DIRECTORS OF MRCB (“LTIP”)

MALAYSIAN RESOURCES CORPORATION BERHAD

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY")

ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MRCB (EXCLUDING TREASURY SHARES), FOR THE ELIGIBLE EMPLOYEES OF MRCB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) AND ELIGIBLE EXECUTIVE DIRECTORS OF MRCB ("LTIP")

Reference is made to the Company’s earlier announcements in relation to the LTIP. Unless otherwise stated, the abbreviations and definitions used in this Announcement shall have the same meaning as defined in the abovementioned announcements.

 

On behalf of the Board, RHB Investment Bank wishes to announce that MRCB has implemented the LTIP with effect from 28 November 2017, being the date on which the Company fully complies with the requirements under Paragraph 6.43(1) of the Listing Requirements.

 

This Announcement is dated 28 November 2017.

 

THIS ESOS was QUICKLY IMPLENTED JUST AFTER THE RECENT RIGHTS ISSUE OF WHICH DIRECTORS/INSIDERS HAVE ALL TAKEN UP. And why the Hurry for More ESOS? The Answer is obvious.

THERE WILL BE A MASSIVE PUMPING OF PROJECT AWARDS FOR MRCB IN COMIND DAYS, WEEKS OR MONTHS STILL AHEAD

 

SO CALVIN ENCOURAGE ALL FELLOW i3 FORUMERS TO JOIN US IN THIS

 

MASSIVE

ROCKETING

CHARGING

BULL

 

FOR YEAR 2018 TILL GE14 ELECTION DAY

 

CHEERS

WARMEST REGARDS

Calvin Tan

Republic of Singapore

 

Additional Thoughts:

BANK RAKYAT ENTRY COST IS RM1.24

RI WERE NOT EXERCISED. YET MRCB RI WERE OVER SUBSCRIBED BY 7.3%

WHO WERE THE BUYERS WHO TOOK UP BANK RAKYAT PORTION?

EVER WONDERED WHY?

WILL MINISTRY FINANCE PUSH MRCB ABOVE ITS HOLDING COST OF RM1.24?

JUST THINK VERY CAREFULLY BEFORE INVESTING