You have obviously never hosted or done charity work for children before.

And yes I came from a poor family. Do you have something against poor families? A lot of the most successful individuals come from poor families. Those that were born in comfort will never have the motivation to push themselves forward.

You with your 1st world rich kid mentality, only finding rm50 to make yourself feel good.

Money is never the most important thing. It is spending time to improve their lives and give them insight and motivate them to improve their life conditions, that is the big thing in life. The more your share, the more you will have.

But suckers who only know how to talk bad about others and have never gone out to real life will never understand and ask,

How can kids eat so much?

You have much to learn.

>>>>>>>>

Posted by CharlesT > Jun 14, 2020 9:46 AM | Report Abuse

How 100 kids can eat rm5k bakuteh in one meal leh?

Yes I am competitive.

Better to be a winner who thinks deep and makes sound decisions and hate to lose,

Then to be a loser who think shallow and acts as if he is a great investor just from one short term lucky speculation.

What happen now? Where is your big money making bet after comfort, Supermax and topglove all come out with results?

After all your bluster, how come Supermax go down to 7.90 instead of jumping to 12 as per your sailang bet?

How come tg drop to 16.7 instead of your rm36 or rm54 TP with 3x results?

So smart? Short term smart or long term smart?

Justice for minority shareholders indeed.

Will you turn into a hypocrite and help hypocrites tell lies and get away with lying on the real performance of QL versus INSAS as this is the goal:

To prove the long term prospects of both businesses and how time is the friend of the wonderful business and the enemy of the average one.

Rest assured as time passes by, QL versus INSAS as a business prospects will just grow further and further.

PLEASE NOTE THE WORD "FOR THE SAKE OF ARGUMENT", NOT AN OFFICIAL 2 TIER BET WITH SEPARATE RESULTS IN 2020 AND 2021. WE ONLY HAVE 1 BAK KUT TEH LUNCH, NOT 2.

BUT YOU CAN GUESS WHAT STOCKRAIDER WILL DO? HE WILL TURN IT INTO A 2 TIER BET INSTEAD AND SAY BULLSHIT LIKE BOTH WIN EACH YEAR SO NO NEED TO SAY WHO WON.

BETTER TO BE FORGETFUL THAN THOSE WHO CANT EVEN READ.

SSLEE, WE ARE TALKING ABOUT BAK KUT TEH BET. WHERE IS THE 2 TIER BET CONFIRMED FOR BAK KUT TEH BET?

THIS WAS FOR HIM TO MONITOR RESULTS, NOT TO INFLUENCE AND WIGGLE OUT OF A BAK KUT TEH BET WHICH STOCKRAIDER IS TRYING TO DO.

WHAT HE IS TRYING TO DO NOW IS WIGGLE OUT BY SAYING 1ST YEAR QL NOT DOING WELL 2ND YEAR QL WIN SO NO NEED TO PAY FOR BAK KUT TEH LUNCH.

SINCE YOU ARE SUPPOSED TO BE LOOKING FOR JUSTICE, I ASK YOU TO THINK PROPERLY AND LOOK BACK AND SHOW ME WHERE THIS 2 TIER BET WAS MADE AND CONFIRMED THAT WE WILL HAVE 2 BAK KUT TEH LUNCH THAT CAN BE CANCELED OUT FOR EACH OTHER.

PLEASE SHOW ME THAT.

HEY STOCKRAIDER.

SHOW ME THE 2 TIER BET.

STOP TALKING BULLSHIT AND SHOW ME. IF YOU SAY THINGS YOU NEED TO BE RESPONSIBLE FOR THEM. WHERE AND WHEN DID WE AGREE WITH THIS 2 TIER STOCK COMPETITION? LATER YOU WILL TELL LIES AGAIN AND HIDE AWAY AS USUAL. PLEASE SHOW SOME BALLS AND TAKE RESPONSIBILITY FOR YOUR WORDS.

SHOW.
ME.
PLEASE.


>>>>>>>>>

Posted by stockraider > Jun 13, 2020 7:03 PM | Report Abuse

As i say no need to hurry to dig up mah....!!

The truth cannot runaway mah...!!

I GOT STOMACH LIKE TAKERU KOBAYASHI CANNOT AH. I WANT TO EAT LUNCH FOR 100 KIDS BEHALF DO YOU HAVE A PROBLEM WITH THAT?

BUT SHOW ME THE AGREEMENT WE SAY 2 YEAR BET BECOME 1 YEAR BET.

SHUT UP AND SHOW ME THIS 2 TIER AGREEMENT. WHERE AND WHEN WAS IT POSTED?

PLEASE SHOW ME YOU BULLSHIT AGREEMENT THAT SAY WE AGREE TO 2 TIER BET, YEAR 1 AND YEAR 2.

SHOW ME PLEASE.

I ONLY KNOW ME AND CHARLEST AGREE THAT THE RESULTS IS AFTER 31ST DECEMBER 2020 TO SEE WHO WIN THE 2 YEAR BEER ON BUSINESS SHARE PRICE PERFORMANCE.

IF NO MONEY TO DONATE 5K TO CHARITY THEN SAY LA. THE BEST IS FOR BAK KUT TEH LUNCH. I DIDN'T SAY WHO I WILL BRING. IF I BRING SOME UNFORTUNATE ORPHANS TO JOIN IN THE LUNCH GOT PROBLEMS? IF I SEND A PROXY TO EAT IN MY BEHALF CANNOT AH?

PEOPLE LIKE YOU ALWAYS LIKE TO LIE WITH 2 TIER BETS AND OTHER BULLSHIT.

BE A MAN LA. GROW UP.

YOUR BULLSHIT INVESTMENTS FOR 2 YEARS ALREADY CAN SEE.

THE STAR MAKE MONEY MOVE ON AND INVEST IN GLOVES WHILE YOU HOLD ON AND IN AND ON.

EVEN SSLEE IS SMARTER THAN YOU.

BUT YOU AND YOUR USELESS DEEP VALUE INVESTING FROM 2 YEAR VERY SUDDENLY NOW CAN BECOME 1 YEAR BET. BULLSHIT LA.

Don't bullshit now. Show me this 2 tier bet agreement. Suddenly you say got year 1 and year 2 bullshit.

PLEASE SHOW ME PROOF,

EITHER YOU ARE LYING OR I AM LYING.

IF YOU ARE LYING YOU SHOULD ADMIT IT LIKE A MAN.

Ql is a 14 billion company. What story to push ql price higher? Nonsense. You think like thong line to tell everyone insas is the most undervalued investment in Bursa nonsense?

Ql management got no time for bullshit, but let results do the talking.

>>>>>>>>>

So May I say your beautiful growth story of QL are nothing but a make believe story to appeal to human greed to help push up QL price further?

Please post and show me. We got agree on 2 tier bet.
We only agree on a 2 year beer to see performance LONG TERM. You yourself say insas need at least 2 years to show its value. Why suddenly got year 1 and year 2? Year 1 bets? Please post here la your talk cock story that 3 of us agree on a 2 tier bet.

>>>>>>>>
Posted by stockraider > Jun 13, 2020 4:47 PM | Report Abuse

Fuck lah...philip u go & check back our agreement mah...!!

We have 2 tier bet on performance for year 1 & year 2 all agree between u, me and charles mah...!!

U being dishonest after losing year 1 bets mah...!!

The deal is for long term investment 2 year track performance.

Insas 0.69
Ql 6.9
Mnrb 0.97

To see which investment is the best gains after 2 years. What 1 year performance check nonsense???

Useless stockraider. What's talk nonsense no wonder results like shit.

Please post here where we agree on this??liar.

>>>>>>>>

Posted by stockraider > Jun 13, 2020 1:44 PM | Report Abuse

Another sohai talk by Philip loh...!!

The bets is for bet on 1 year and 2 year performance in respect of QL v Insas v MNRB mah....!!

No money to pay for bak kut teh lunch? Then I no need eat I pay for myself. You treat one of the orphans food, I pay the rest.

Useless stockraider, everyday talk cock.

But no results and tons of excuses.

But you very pandai to delete your own posts I nothing to say la. Like your trading results also, full of shit one.

You check back your statement la, show me where got 1 year and 2 year competition? All I know is me you and CharlesT all bet on 31st Dec 2030 for stock pick back kut teh competition.

Now you chicken out? Fine la. Useless.


>>>>>>>>


OK lah.

I respect you as STOCK SIFU la.

multi bagger king, every in and out sure money sure win!

I'm just putting it up here.

0.67 1st january you put in 40% of your networth. Hold for 2 years see how la. NTA 2.54 right? using your metrics, you will immediately sell at rm1.9? Good la. See how it goes in 2 years.

waiting to treat master sifu raider some good old BKT in Klang

>>>>

Posted by stockraider > Jan 16, 2019 10:44 AM | Report Abuse

i know u r sceptics...but it really do work loh...!!

This method is not in n out loh...!!

After a buy in order to execute a sell...it takes average 1 to 3 yrs loh...!!
In the case of insas it is 2 yrs mah....!!

This type of investment takes about 5 yrs...people like KYY not suitable loh....!!

>>>>>>>>

Jan 6, 2019 4:01 PM | Report Abuse

Ok i pick mnrb to compete with yr ql.

We shall check back prices then by 31 dec 2020 if u r still ard here.

Happy?

When I say greed, what I mean is not in a capitalistic way of making money and participating in a company growth. That is natural investing.

When I say greed, it is those who are blinded simply by the sound of money and assets and jump right into something without looking beyond their nose and asking the relevant question:

WHY IS IT SO CHEAP?

Sslee keeps falling into this same problem. He knows how to ask the other questions like WHY IS QL SO EXPENSIVE. And yet, he doesn't invert and ask the question: WHY IS INSAS, BJLAND, TAGB, ETC ETC SO CHEAP?

That is how I term greed. When you don't look where you step, and just rush into an investment after cursory looks at the financial statements and balance sheet and comparing market cap and asset value.

Come on, EVERYONE HERE IN THE FORUM HAS READ ABOUT WARREN BUFFET AND BEN GRAHAM AND THE CONCEPT OF VALUE INVESTING.

Why does not of the VALUE INVESTORS even touch investments like INSAS, BJLAND, HENGYUAN etc?

Thats the question you should be asking.

Now replace that with SSLEE and his many companies that he bought and gambled on like insas, xinquan, hengyuan etc etc etc. He has yet to realize what treating you like a partner in the company means.

>>>>>>>>


seawave I fully understand this situation, I have inherited a non listed company's shares which my parent hold for decades. The company only wish to buy back my shares at a fraction of the real value. No doubt, the dividends are not bad compared to the listed company; but I cant cash out with reasonable value.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 13, 2020 1:40 PM | Report Abuse

Let me give a real example. Company A is asset rich and also cash rich. Based on its number of shares outstanding, each share is worth RM 100.

However, it is non-listed limited company. The management is controlled by a particular family group which has managed the company extremely well. The shareholders are also rewarded with yearly dividends.
13/06/2020 2:13 PM

What do I care about Topglove NEXT quarter NP, I am looking at the long term business prospects of topglove if I buy it as such high valuations based on prices sold during this covid period. But you didn't even buy topglove and even said it buy high PE stocks to be silly, so I don't expect you to even care how to value quality stocks. So why should I give you my long term intrinsic value calculations for topglove?

>>>>>>>

Aren’t you the one running around telling people how smart you sold your 2 million Topglove for RM 17+ million and all the IB TP for glove stocks are nothing but pump and dump. So now care to do your calculation what will be Topglove next quarter NP?
13/06/2020 9:58 AM

This stockraider really dishonest, first he say 2 year bet because I am a long term investor, now suddenly say got 1 year bet and 2 year bet. Where got such thing 1 year bet and 2 year bet, there is only 1 long term investment bet of 2 years to get long term value investing results.

As usual, talk a lot of bullshit, but when time to show up you only bark like a dog but no balls to cover your bet. Wasting time.

Nevermind, people like you forever like that.

>>>>>>>

stockraider Another sohai talk by Philip loh...!!

The bets is for bet on 1 year and 2 year performance in respect of QL v Insas v MNRB mah....!!

Whoever losses buy bah kut teh lunch....mah....!!

But year 1 result already out.1st is insas 2nd is MNRB and last was QL.

Now year 2 QL appear is leading loh...!!

I think I have enough of your nonsense. I will be arranging for 100 kids from St. Barnabas Home to enjoy bak kut teh at the end of the year. The total expenditure will be RM5,000. The results will be revealed in our 2 year bet on QL versus Insas.

So, if at the end of the period, you do not attend the bak kut teh lunch, I fully expect you to donate 5K to the charity home of St. Barnabas in Klang.

QL - 0.69 (today 9.17)
Insas - 0.69 (today 0.63)

How is your margin of safety now after 2 long year? For SSLEE it will be more than 3 years of him holding unto INSAS with his corporate raider concepts.

>>>>>>>>>>>

Posted by stockraider > Jun 13, 2020 1:05 PM | Report Abuse

As an engineer u r not capable on advice on margin of safety mah..!!

Why leh ??
If your current account have Rm 1m earning zero ROE and Zero earnings growth and some one offer to buy over your bank account for Rm 300k cash would u sell leh ??

Again with simplified accounting.

Growth companies give up short term earnings for long term growth. You still look at market cap and pe only, why?

Look at the ROE versus peers
Look at the revenue and growth% over time versus peers
Look at the earnings and growth % over time versus peers
Look at the capex used versus long term returns, the history of rights issues and private placements versus growth of the business.

Look to the returns of their palm oil business and compare that with your area of competence, how does it compare?

Yes, I do think you are greedy because you want to "protect" shareholders, but you do not have the ability to really protect them as a Carl icahn corporate raider and straighten out businesses properly, but rather a mouse that cannot be heard with no capability.

You try to tell 3i what to do, but his results thus far seem to be better than yours.

Yes I think you are greedy. Instead of growing together with a company and being a part of their growth, your way of investing is the call Icahn way. Take a company, sell it for parts, and sell the business and walk away.

You had no understanding of Xinquan business but you buy it simply for its cash in bank.

You have no understanding of INSAS business or ever used it's services, and you buy it just because of its 1.7b in assets.

Always the same story. All you look at is assets assets assets. And you want to be like Icahn and tell the owners and managers of the company what to do. All you want is your dividends and your money.

How is that not greed? What you really want is to kill the fat hen for its eggs. Dividend, dividend, dividends.

That is pure greed.

Investors should be like those who buy Berkshire. They don't want to keep asking for dividends and money. But they like the feeling of being a part owner in a successful growing business that grows larger and larger over time and generates earnings. If those earnings turn into dividends or reinvestments do not matter, as long as the business does the best decisions for all the shareholders.

If I am investing in QL I look to participate in the growth of the business over time, growing revenues and earnings and assets. That is the job of a real investor and owner. Not to keep asking when they will be adding a dividend.

Maybe you are unhappy over the greed of management, taking far paychecks and stock options.

If so, they started the company. If you don't like it, start your own.


>>>>>>>>>

Again am I being greedy? When I invest in INSAS? Compare to the one invest in QL? When QL market cap: RM 14.910 billion but NP to SH for the past 5 financial year: (‘000)
225,430 : 215,682 : 206,820: 201,761: 195,940

Simpler alternative, stop being greedy yourself and avoid all of these "companies". Stop trying to think you are smarter than everyone else by picking "obvious" value. Do you really think investments is that easy? Let me point out your obvious greed.

1. Xinquan valuation of 100 million versus obvious 1 billion in cash.
2. Bjland valuation 850 million versus assets + hotel sales 4 billion.
3. Hengyuan( they paid 300 million to Shell refinery for 51%) 1 billion valuation versus crack spread 250 million earnings in 2017.
4. INSAS valuation of 400 million versus assets of 1.7 billion.

Do you see the level of your GREED here? You assume everyone else is blind or stupid and that you are wise and smarter than everyone else. You are ALWAYS trying to hit the ball over the park, looking for these HOME RUN hits.

You are like the young executive hoping to get paid the general manager salary and job if he tries hard enough.

Problem is your investing skill is lacking. You use very simplified metrics. And you run around telling everybody which is better, holding 1 shares of INSAS is better than 1 share of INARI.

There are many people like you in my telegram group. The difference is that many of them are still very young and willing to learn. One of the basic skills I try to share is the math of statistical arbitrage, aka if it's too good to be true, then it probably isn't.

They can make mistakes. You can't.

So, please stop being greedy and learn how not to lose money instead. Case in point: avoid horrible management.

Netx still 1 cent after so long.

Look again today prices.

Didn't you say the exact same thing for NETX?

Are you a millionaire yet? Congratulations.

And put his cushy job and 1.6 million in management fees at risk? Heresy!


>>>>>>>>>

Posted by David > Jun 11, 2020 7:13 AM | Report Abuse

u never know.. next quarter's headlines could be "icap's earnings soar as TTB deploys all the cash at the market's bottom". stay tuned!

To be honest, QL and INSAS is very similar.

Except that every new business QL jumps into is hugely profitable and scalable.

INSAS has a lot of ideas which is good, but if it doesn't make money then it's not a business but merely a drain to the nice dividends from INARI.

QL businesses are all growing at a prodigious rate due to synergy and capable managers.

INSAS has investments and businesses that are everywhere and trying to do everything, while relying on the successful business INARI to pay for the lights.

In most cases, businesses that try to do everything almost never succeed.

But who knows? If Berkshire can do it, then INSAS surely can right?

Btw you gave up your chance to make 50% returns from GKENT and sold early below 60 cents please don't blame me. You bought at 46 cents sell at cheap cheap trading price waiting for more discounts to come... Now you lost 100%+ returns in topgloves, 50% returns in gkent, PCHEM 50% returns and so many more. But I guess... You are still waiting for that big discount.

Good luck in your investment.

Now comment on something that you know about, like the future of INSAS and INARI.

Sslee, why you keep following me around like a lost puppy? You cannot keep to your own self? Or you also another sour grapes that did not even buy any glove stocks when everyone else did?

Here's how you do it.

Put up 50k of your own money. Then borrow about 50k from friends and family.
Then put it in trading account and get maybank approval to margin of 100k.

Now buy 200k of supermax.

Then, you will notice you have 200k of contra t+2 in your account.

Go ahead and buy more on contra.

You will now open 400k of supermax.

After it goes up by 20%, you would have 480k. Now you can close your position and turn 100k into 180k in a few days. Now repeat again:
180k into 360k into 720k contra, make 20% on that in T+2.

Rinse and repeat until you become a millionaire.

Here's how you do it.

Put up 50k of your own money. Then borrow about 50k from friends and family.
Then put it in trading account and get maybank approval to margin of 100k.

Now buy 200k of supermax.

Then, you will notice you have 200k of contra t+2 in your account.

Go ahead and buy more on contra.

You will now open 400k of supermax.

After it goes up by 20%, you would have 480k. Now you can close your position and turn 100k into 180k in a few days. Now repeat again:
180k into 360k into 720k contra, make 20% on that in T+2.

Rinse and repeat until you become a millionaire.

Here's how you do it.

Put up 50k of your own money. Then borrow about 50k from friends and family.
Then put it in trading account and get maybank approval to margin of 100k.

Now buy 200k of supermax.

Then, you will notice you have 200k of contra t+2 in your account.

Go ahead and buy more on contra.

You will now open 400k of supermax.

After it goes up by 20%, you would have 480k. Now you can close your position and turn 100k into 180k in a few days. Now repeat again:
180k into 360k into 720k contra, make 20% on that in T+2.

Rinse and repeat until you become a millionaire.

Raint, you didn't goreng topglove? Can make so much money in glove stocks...

I don't get you. You want good news I give you, you c.urse me. I say don't buy overvalued, you also curse me.

So what you want me to do?

Don't worry, the one thing I will never do is make fun of you when the share price for gloves revert to mean.

That is time when warnings and advice is too late, and all we can do is give you some words of comfort.


>>>>>>>

Posted by CharlesT > Jun 9, 2020 7:08 PM | Report Abuse

I really shocked to see philip's real face now

If I could tell the future I would be at the Baccarat tables. Not investing with risk.

>>>>>>>

escanor999 @Phillip how much do you expect Yinson to go up to
08/06/2020 12:27 PM

Ok very soon topglove can buy 2 public banks. Congratulations to you kid. Please sailang and buy more, your new tp is rm54 right? Go go go!

Not market. Speculators and retail amateurs like you.

This will not end well. Your anger and rage when others pointing this simple fact out to you is proof enough that you know it's overvalued but you are still sticking to the game.

QL valuation is not a 1 month 2 month thing, already high for multiple years... Unlike glove stocks.

As for QL valuation, you can see them start from 0 family Mart to 200+ family Mart in a few years and plans to challenge 7-11 2000+ stores with family Mart 1000+ stores target. This is a 10 year VERY achievable
goal.

Your gloves got 10 year achievable target of 700 million a year?

>>>>>>>>

Posted by CharlesT > Jun 9, 2020 3:42 PM | Report Abuse

Mkt is giving this kind of valuation to glove now...what can u do?

just like yr super high PE QL....lol

What do you mean no one ever say,

YOU are buying at current price supermax for 12.5 billion at RM8.80.

previous historical PE is RM100 million per year. Now that the valuation has jumped to PE120 level, and you say still cheap can go to RM12-14, that is EXACTLY what you are saying, for supermax to be cheap at MR8.80, the valuation is supermax can give you discounted cash flow of RM700 million per year. That is exactly what is happening.

If your current shop rental to tenant is 6k a month, and the shop value is 1 million. Suddenly if you want to pay 10 million for the shop, you should be expected 60K rental from Mcdonalds, otherwise why pay 10 million?.... Basic maths.

So why are you paying 12 billion for supermax? Aren't you expecting them to do double the business to 200 million of earnings every quarter?

Simple logic simple maths.

Do you think you can get 60K rental for your shoplot that you are renting for 6K? if you can only get 60K rental for 2 years... you really want to pay 10 million for the shoplot meh? 60K a month for 10 years then make it worthwhile to pay 10 million for the shoplot mah.

Speculation? or you don't know the rules of the game?

>>>>>>>>>

Posted by CharlesT > Jun 9, 2020 6:50 AM | Report Abuse

nobody ever say Supermax can post more than Rm700M every year onwards for the next 10 years or forever or till yr last breath ...

I only say they will post fantastic results at least for the next 2 years, basing on the info i knew.

I'm not the one showing off my 200% gain and say fa sifu don't know how to buy glove stocks but CharlesT know so much better than others how to buy, but Ricky Felicity etc all sourgrapes don't know how to buy gloves.

Was that you? I forget.

Where is your 700m earnings article? Still waiting for that calculation.


>>>>>>>

Posted by CharlesT > Jun 9, 2020 1:16 PM | Report Abuse

Philip why leh?

I remember sslee making fun of me for holding pe50 topglove and pe50 QL. Now suddenly told me mistake sell to early? This is what you call real sourgrapes.

My Pchem also up 30 cents today, lost sleep over what?

I will do that when you admit a mistake of buying Insas for 3 years instead of buying topglove. Which I did btw. Better someone who benefit from buying any selling overpriced gloves, than some real sourgrapes who didn't buy at all and stick with INSAS...

>>>>>>>

Posted by Sslee > Jun 9, 2020 11:27 AM | Report Abuse

Dear Philip,
Mr. Market can stay irrational longer that you can stay sane.
So just admit you make a mistake of selling your topgrov too early, so what.

Buy buy, why tp 20, you can make it tp 53

Why stop there.... Go to ahlong borrow more and sailang.

TP 53 ya CharlesT, go buy more! Sure can huat huat until rm53 per share. Who cares about fundamentals. Topglove can become a 150 billion company.

>>>>>>>

Posted by Vitamin > Jun 8, 2020 10:39 PM | Report Abuse

The Best defensive stocks in this Covid-19 worst recession is "GLOVE/medical/PPE/healthcare companies that can withstand or seeing more prosperity. World No.1 gloves producer "TOP GLOVE" is the No.1 stock pick with forwarded bright earnings with TP RM 53.00
09/06/2020 10:18 AM