Koon Yew Yin's Blog

A safe strategy during pandemic - Koon Yew Yin

Koon Yew Yin
Publish date: Sat, 10 Jul 2021, 10:46 AM
Koon Yew Yin
0 1,449
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

The most important strategy is to be safe during the pandemic. You must always remember that health is more important than wealth. Remember when you die you cannot take your money along with you. You must follow all the well proven safety rules.

Safety Rules for health:

1 Get vaccinated as soon as possible. This is the best defence. My wife and I have our 2 doses of vaccines.  

2 Must wear face mask when you are out of your house.

3 Practice social distancing. Must try not to stand nearer than 2 meters from another person. Try not to be a crowded place.

4 Wash your hands frequently with soap and water. 

Safety Rules for investors:

1 KLCI chart above shows that the stock market has been dropping in the last 6 months due the Covid 19 pandemic.

2 Among all the stock selection criteria such as account balance sheet, cash flow, NTA, no debt or cash rich etc, profit growth prospect is the most powerful catalyst to move share price. Never buy any stock that has no profit growth prospect.

3 All investors must not buy any stocks during the current pandemic because the Covid 19 lockdown is affecting the movement of everybody and all business operation. Worker cannot go to work and all listed companies are affected.

4 Never buy a down trending stock. Price chart cannot lie because it is a record of the daily trading. Down trend means there are more sellers than buyers in most days as shown on Leon Fuat price chart below.

To cut the story short, let me show you a good example.

Steel stock is a very good example.  

All the steel stocks have reported increased profit in their latest quarter ending March or April due to the increased steel price. That is why all the steel companies have reported increased profit in their latest quarter.  Leon Fuat’s last traded price was 99.5 sen and its latest quarter EPS was 11.65 sen. Assuming EPS for the next 3 quarters remain unchanged, its annual EPS will be 4 X 11.65 sen = 46.6 sen. Leon Fuat is selling at PE 2.

That was why I have been buying so much of Leon Fuat and I have also posted a few buy recommendations.   

I must admit I was wrong.  

Now I realise I was wrong in buying so much of Leon Faut even though it is selling at PE 2 because due to the Covid 19 lockdown, Leon Fuat’s workers cannot go to work to produce steel products. Moreover, all the construction workers also cannot go to works. As a result, construction contractors will not buy steel from Leon Fuat or from any other steel company.  

Based on the same logic as for Leon Fuat, all steel companies will also not be able to report increased profit in the next quarter.

In fact, Covid 19 is also affecting all listed companies and all of them will not be able to report increased profit in the next quarter. As I said earlier, never buy any stock without profit growth prospect.

A safe strategy during the pandemic for all investors is to cash out because all listed companies will not be able to report increased profit in the next quarter. I will start to buy back Leon Fuat when it reports increased profit.  

 

More articles on Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin

Created by Koon Yew Yin | Nov 22, 2024

All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.

MHC Reported Increased Profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 21, 2024

Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici

Why all plantation companies will continue to report more profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 20, 2024

Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin

Created by Koon Yew Yin | Oct 25, 2024

The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.

Malaysian Communist Party - Koon Yew Yin

Created by Koon Yew Yin | Oct 14, 2024

Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Water pollution in the UK: the causes and effects - Koon Yew Yin

Created by Koon Yew Yin | Sep 06, 2024

Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.

Discussions
Be the first to like this. Showing 30 of 30 comments

SureWin1Woh

Lol....master of u-turn

2021-07-10 11:22

calvintaneng

hahaha

at least uncle is honest

Now only one class of Stocks still in operation

Palm oil can operate but with 60% capacity

Since most have upgraded to use modern machinery for harvesting they will be very ok

So just go buy a basket of palm oil shares now as bull run is coming soon

2021-07-10 13:15

calvintaneng

In Indonesia palm oil companies can operate 100%

These Malaysia Companies got palm oil estates in Indonesia should do very well

1. TSH RESOURCES
2. SIME DARBY PLANT
3. THPLANT
4. AZRB

2021-07-10 13:17

Sslee

Mean KYY already sell all his steel stocks and underrated stock.

A safe strategy during the pandemic for all investors is to cash out because all listed companies will not be able to report increased profit in the next quarter

2021-07-10 14:10

patrico8

I would advise uncle not to issue any buy or sell calls. It's great to write articles but when you issue buy calls and the stock turned, your fans will turn into foes. Uncle should write more interesting articles like 'What do women really want? '

2021-07-10 19:02

qqq3333

Malaysia is a failed state or heading towards being a failed state. To change the direction needs energy. Lots of energy. Nothing ever change direction without lots of energy.

https://klse.i3investor.com/blogs/Desaperspective/2021-07-09-story-h1567895300-Malaysia_a_failed_state.jsp

2021-07-10 19:19

arv18

Post removed.Why?

2021-07-10 19:23

qqq3333

"A safe strategy during the pandemic for all investors is to cash out".....last year MCO, a lot of people made a lot of money last year. So even this very innocent statement also depends.........

2021-07-10 19:30

arv18

you can write and write about these stocks, but no one cares buddy.

palm oil just ain't sexy.

they will langiush, downtrending.


___________________________
Posted by calvintaneng > Jul 10, 2021 1:17 PM | Report Abuse

In Indonesia palm oil companies can operate 100%

These Malaysia Companies got palm oil estates in Indonesia should do very well

1. TSH RESOURCES
2. SIME DARBY PLANT
3. THPLANT
4. AZRB

2021-07-10 19:30

qqq3333

energy for national recovery.....where does energy for national recovery comes from ..... when, and how? and what form it takes?

2021-07-10 19:32

Pinky

Uncle, construction companies jalan la...power of MITI letters!

2021-07-10 20:30

stockfreak

And commodity prices are dropping too. He missed out this important point.

2021-07-10 20:36

Najib Zamry

There are so many good companies to buy now. Be greedy when everyone is fearful. I will only buy good cash rich fundamental stock that bash down a lot recently.

2021-07-10 20:42

Silentkeeper

roti canai style like the goverment,buy sell sell buy

2021-07-10 22:30

ahbah

Be gridi when others are fearful !!!

2021-07-10 22:37

LaoTzeAhSir

This con you win was never sincere since day 1. on gloves. on everything

2021-07-10 23:16

trum

He is not helping you to make money. He is only ask you to follow his prediction to buy stocks... then he will sell to you.

He is only ask you to follow his prediction to sell stocks... then he will buy from you.
This is what i learn throughout all these years following his articles.

If you don’t believe me... you just follow this Uncle, by all means lah.

2021-07-11 06:16

trum

He is not helping you to make money. He is only asking you to follow his prediction to buy stocks... then he will sell to you.

He is only asking you to follow his prediction to sell stocks... then he will buy from you.
This is what i learn throughout all these years, following his articles.

If you don’t believe me... you just follow this Uncle, by all means lah.

2021-07-11 06:17

stockraider

Of course blame the Federal Govt mah!

They are in charge of ;
1. Ministry of Health
2. The Police
3. The Vaccine Procurement & allocations loh!
4. The Policy to combat covid

What can selangor in charge leh ?
Very minor city council or majlis mah!

Lu pakai otak & think lah!

U tell me which other state in Msia try to procure their own vaccines using its own monies & give free covid19 test to their people leh ?
Ans ; It is Selangor & Penang only mah!
The rest of msian states take no initiatives just hitch on a free ride on the federal govt even their response are slow loh..!!
Sarawak even worse arm twist the federal govt to get biggest allocations at the expense of other states getting less loh!

Thus Selangor initiative cannot be faulted...but initially selangor procurement of vaccine was even hindered by Federal Govt....but with determination Selangor pursue further to protect their people lives...finally the Useless Govt relented....bcos the federal govt cannot continue to argue when the objective is to protect human lives mah!

Stop listening to fake bad mouthing of selangor done by political lackey like tobby mah, the high cases of selangor are actually due to poor covid mismanagement of the federal govt loh

This all bcos of PN Federal Govt mismanagement delaying the vaccine procurement & also allocating less vaccine to the most populous and the most successful of msia the state selangor in order to play politics mah!


Thumbs up for selangor & Penang determinations for taking the initiatives loh!

Thus must blame Federal Govt loh!

Posted by trum > Jul 11, 2021 11:17 AM | Report Abuse

Who is at fault of this Covid... Federal or State?
We always blame Covid high cases on the biggest responsibility guy. Haha



Posted by trum > Jul 11, 2021 11:17 AM | Report Abuse

Who is at fault of this Covid... Federal or State?
We always blame Covid high cases on the biggest responsibility guy. Haha

2021-07-11 11:26

Flyhighest

If you are smart, you will never ever follow these big sharks. They trap you to buy for them to sell. See the history, it will speak for itself. If you are a trader cum investor or investor cum trader for donkey years, don't tell me you did not see this coming even last month. This is a joke to me. Sorry! is the most unforgiven word for those leeches living by sucking the blood of the innocent punters in KLSE. There are no "Saints" in KLSE, all those pretending to be one, only living at the expense of the other. So, wake up, and take responsibility for your own action. Do your own research and don't blindly follow these sharks.

2021-07-11 17:47

VincentTang

KYY, you will be too late when you want to buy back LEONFB after you sold all. The LEONFB stock price will skyrocket up soon.

2021-07-11 22:08

LouisLim

Stock price reflect 6 months ahead of economy, the share prices of steel stocks will rebound very soon.

2021-07-11 22:15

milano

yeah you are right. dont buy downtrend stock. first thought to average down. but at last sold at loss. top glove won.

2021-07-11 22:20

paperplane

you want safe, put money under pillow enough, dont even put inside FD, BANKS ALSO MIGHT COLLAPSE IN WAR TIME YA

2021-07-12 09:00

jackfruit

KYY is a speculator write to pump n dump kaki lah...

2021-07-12 09:37

Jojobaa

Please believe in Koon Yew Yin, he is the best investor ever

2021-07-12 13:53

chtan33

LOL

2021-07-12 22:29

stockraider

Safe strategy just buy lah...bjc Group cheap cheap loh!

2021-07-15 17:41

Post a Comment