Published Date: 2001-09-19
致:Wilson(Re:理论和实战)
把一辆价值24万元的大车换成一辆价值10万元的小车就可套现14万。
找回的14万元刚好可以买20lots的EON。(当时的价钱)
以旧换新,还可以多得20张的EON。何乐而不为!
他当时决定这样做当然还有其他的理由:
1.大车的保用期已过,只要一点小毛病进厂修理就要花费几千元。
2.大车一年的路税和保险大约要6千元。
3.晚上用大车出门很不方便,总是提心吊胆。
4.有辆大车放在门前,睡觉也不安宁。因为引盗贼入屋的机会大增。
5.最重要的是:只要EON的本益比回来25倍,这20lots的EON就值一百万了。
多年来他都是采用我的投资方法的,我们的投资思想如下:
当时(2001年初)KLCI的平均本益比是15倍,属于熊市的低水平。
根据历史,只要处于牛市,KLCI的平均本益比可以来到30倍。
所以要寄望EON的本益比会来到25倍的可能性是存在的。
为什么说EON的本益比回来25倍就是一百万呢?
因为EON的EPS是2.00零吉。
25倍的本益比就是50零吉了。
(2.00X25=50.00)
20张50零吉的EON就是一百万了。
为什么我们相信EON会来到50零吉的价位?
50的价钱看起来遥远,但是如果它1张变5张,只要来到10零吉的价钱就等于50零吉了。
(5张X10零吉=50零吉)
今天EON已经具备条件送红股,它已经有九年没送红股了。
(它的最新NTA是10零吉,足足可以一张变十张或1张送9张。)
注:EON送红股只是一个假设而已。
其实我们的投资思想是不注重红股的,我们只注重本益比。
最后他还补充一句:生活还是一样照过,有可能还多一个百万呢!何乐而不为!
I lost RM 600,000.00 in yesterday market. How many can survived with such a loss. A lot who borrowed money will just die !
2012-04-13 09:25
not with the present market. The upside is at best 10% but the down side can be a crash if all the foreign funds who hold 22.6% of the KLSE pull out. I expect at least 50% drop in price. For me it is OK because then I can pick some more. For the small timer, most of them will be dead with 50% drop.
2012-04-13 10:00
waa..lotsofmoney..you really have lots of money one don't you...small investor like me will sure suffer n run out of money when market falls....waa..so far i never experience like that before..i hope i do not have too.
2012-04-13 10:32
lotsofmoney
You must be a billionair by what you write. Unfortunately I don't think you are even among the millionairs. Stock market is highly speculative and risky.
I had seen too many actually penniless for playing shares.
Like the joke about the New York Exchange - all the luxury yokes belong to the reminsers while the bodies of the dead share players are everywhere in the Hudson river.
2012-04-12 12:54