Philip ( buy what you understand)

sleepywolf | Joined since 2017-11-22

Investing Experience Advanced
Risk Profile Moderate

Followers

60

Following

0

Blog Posts

70

Threads

4,794

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,794
Past 30 days
0
Past 7 days
0
Today
0

User Comments
News & Blogs

2020-04-21 05:30 | Report Abuse

Qqq I would really honestly like to find out, as in the 80's - 90's I was a trader was well, during the good times I felt invincible as anything I traded made money in a week. But as you know just a few years later I lost everything as everything I traded lost money no matter what I bought, death by a thousand cuts even as I applied the same exact successful strategies earlier, the market changed.

In the long run, how successful has active trading been for you?

I'm sure you must be doing well, but from a CAGR standpoint, how long have you been investing and what is the long term compounding rate been?

We don't have to discuss figures and stock buys, but just the long term viability so far. If you can share it will be helpful, as I have always enjoyed trading, just never been good at it.

>>>>>>
https://money.com/swimming-naked-when-the-tide-goes-out/

News & Blogs

2020-04-21 05:19 | Report Abuse

What does the price of oil have to do with companies like QL and GKENT? And how does it affect users who can stockpile like dialog? Or users who can take advantage of cheap oil to produce more product like PCHEM in their new storage space? Or how will price of oil affect newspapers? Or people using bicycles?

One thing you do have to avoid are specific companies that are fully in exploration and extraction activities like sapura, dayang and the like.

You should also avoid companies that are direct competitors, like Palm oil plantation with no cash.

But then again those companies producing bicycles like Merida should be ok right?

In fact, buy and hold will be more relevant today more than ever. Those companies that are badly hit will have rock bottom valuations due to market fear, and if you believe that 10 dollar oil will be the new normal, then the goal is to search for the companies than can best take advantage. But if you think that oil price will recover one day ( just not tomorrow), then isn't buying the best companies and holding them until price goes up one day the best option to take?

As for cash is king, it is only king of it allows you to buy something of more value than cash. Many people forget that cash by itself does not multiply. Gold doesn't multiply. The only thing that does is a good, hardworking business that produces earnings and cash. If you keep money under your bed at all times, you will soon realize how important time can be.

Time my friend, is King.


>>>>>>>>>>>


Philips way of choosing stocks still apply? Probably not..............probably a smarter way to invest is ....the worse the better, the political linked and those dropped the most the better..........the useless bumps gets the most favors.

News & Blogs

2020-04-20 19:18 | Report Abuse

in either case, take my advice and take this golden opportunity to invest in wonderful companies. This Covid virus will not last, no matter how much you believe it will never end.

If it does get worse, then whatever asset you did invest in will not matter at all anyway.

News & Blogs

2020-04-20 17:24 | Report Abuse

Ok. Do let me know what results you get from following bank analysts and their recommendations. It is so wishy washy you night as buy a stock recommendation from kcchongnz with all the good it will do you in the long run.

>>>>>>>>>

Posted by Sslee > Apr 20, 2020 5:06 PM | Report Abuse

Haha qqq3,
Without crystal ball to see into the future and with never see before Covid-19 effect better safe than sorry. So no hurry buy in batch with your spare cash.
A
uthor: AmInvest | Publish date: Mon, 13 Apr 2020, 9:47 AM
We maintain SELL on Petronas Chemicals Group (PChem) with unchanged forecasts and fair value of RM3.25/share, pegged to a 10% discount to FY20F book value. This implies an FY20F EV/EBITDA of 5.4x, which represents 3 standard deviations below its 2-year average of 7.6x and dividend yield of 3%.

Author: rhboskres | Publish date: Fri, 27 Mar 2020, 5:03 PM
George Kent Malaysia - Going Against the Flow; D/G to SELL
Downgrade to SELL from Neutral, new TP of MYR0.43 from MYR1.04, 20% downside with 4.6% yield. We believe valuations will remain depressed amidst prevailing macroeconomic risks, weak market sentiment and dash for cash liquidation activities. We note the lack of visible re-rating catalysts given the unfavourable ripple effect caused by the recent oil price collapse, leading to potentially reduced infrastructure spending by the Government and unclear policy imperatives.

News & Blogs

2020-04-20 17:11 | Report Abuse

Coming from someone who invests in insas and xinquan, you should leave your bitterness behind and read properly, instead of confirmation bias and picking out only what you want to hear and see instead of the entire picture.

Nevermind, let me repeat again,
"When applying margin, you use it the same way, to collect undervalued stocks and cheap downtrodden prices. "

QL and Topglove has been performing beyond expectations, they are wonderful companies, but I have never said they were cheap and downtrodden. In fact, my exact words was you can rarely buy wonderful companies for cheap prices. Paying a fair price for a wonderful company in my opinion is a far better choice in the long run than buying garbage and being 30 biggest shareholders in companies like xinquan.

But using margin finance? You should only use that in buying undervalued wonderful companies selling at a low price due to temporary situations.

PS: the INSAS situation is not temporary, but a fundamental problem with the company.

P.P.S stop telling me what stocks to buy or what to do it taking credit for other people's hard work. If you don't agree with my investment methods, why are you buying Star?



>>>>>>>>>

Posted by Sslee > Apr 20, 2020 3:19 PM | Report Abuse

Good afternoon Philip,
Great story telling and agreed, “If you want to apply margin, buy the guaranteed companies. The blue chips” So since when Gkent is a blue chip company: BN time of RM 4.00+ drop to 43 cents on March 19 2020.

QL is the real blue chip, Philip should margin finance and all in this guaranteed blue chips company. So why he sold QL at RM 8.60 and when is his last time topping up QL?

Thank you
PS: Again “Cakap tak serupa bikin”

Stock

2020-04-20 14:54 | Report Abuse

How come DLADY is now up to RM48? what happen sifu calvin????!?!?

>>>>>>>

calvintaneng Going to drop below Rm40.00 soon
Just sell and run fast
07/03/2020 1:20 PM

Stock

2020-04-20 11:42 | Report Abuse

Growth? STAR just went from severely undervalued by the market at 190M market cap to 255M market cap (still severely undervalued).

That is the power of 380 million in pure cash reserves, 50 million incoming from JAKS LAD claim, and property, plant and land to the tune of another 400 million in assets.

And how much borrowings?

Zero.

How to bankrupt if you already VSS all the expensive old inflexible staff, start hiring new and hardworking individuals and low salary grade, and removed old inflexible CEO and now start looking for a young CEO with vision, integrity and strength ( Still looking, but haste makes for waste).

GDEX? GDEX is a pile of crap. When was the last time you ordered something from Lazada, Shoppee or Alibaba and specifically asked for the services of GDEX as your preferred carrier? Obviously not right, you would have chosen the cheapest option, knowing that insurance will cover any problems occurred with the transporter. So you know that this is a fake growth. The more they grow, the lower the prices have to be to grab market share. The lower the profits, the more dangerous the company. Low earnings and still giving out dividends?

The question you should be asking yourself is this: HOW DID STAR GET 380 MILLION IN CASH, and CAN THEY GET IT AGAIN WHEN BN/MCA COMES BACK ON TOP?

Stock

2020-04-20 11:35 | Report Abuse

This is why you should never listen to kids who don't keep and maintain trackable portfolio. I never once claim I am some sort of stock god or stock guru selling subscription services and writing books. All I can claim is that I keep an honest trackable portfolio, meaning whatever I choose to buy/or sell, you will know the exact time and date I sold it at and the price. Meaning I am not like those who recommend stocks but never own them,

How are your results now kid? With STAR so far I am still going to be getting dividends, and on top of that I already have a 30% gain.

How now brown cow? While I am shooting fish in a barrel, you are still with your inflexible concept of investing, no different from a calvin tan and a stockraider. When will you ever grow up? Maybe when you do start buying stocks you will see that it is easier to say bad things about everything instead of buying something that goes up over time.

https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2

>>>>>>>>>

i3lurker just watch out who becomes the Ultimate Fool.

All those who jump off early will laugh just like Heng Yuan.

easy money only up to a certain point.
18/04/2020 12:34 PM

i3lurker I did point out to my friend that Gdex is overvalued with high PE of 40 to 50

but he did not mind coz he liked the idea of growth plus dividends

with Star you will be getting dividends only
18/04/2020 12:59 PM

News & Blogs

2020-04-19 09:44 | Report Abuse

In my opinion the is no need to complain or say someone is bad or good. The fact is OTB put his neck out to get results and then sell subscription. I am an ex subscriber of OTB, but I have just taken the information as is and added it to my own valuation methods instead of just closing my mind and buying blind. How can you expect good results if you are just relying on third party advice without understanding their valuation methods.

I would say, OTB method of valuation is not always accurate, and there is no possible way of choosing stocks every week as a recommendation and get good results all the time.

I mean, if OTB was that good, he would be spending most of his time researching and hiring a team of analysts and buying stocks in a professional level instead of selling subscription services and teaching classes right?

So you need to be aware of what you are buying. At least OTB makes picks and stands by it with his portfolio results ( which is how you started subscribing in the first place).

It is far better in my opinion to individuals like kcchongnz, choivo capital, calvintaneng or stockraider who don't have any portfolio results but are so strong in promotion of stocks.

You walked in knowing it is a recommendation: do your own due diligence.

Stock

2020-04-19 07:19 |

Post removed.Why?

Stock

2020-04-19 07:17 |

Post removed.Why?

News & Blogs

2020-04-19 07:15 | Report Abuse

Some more say bursamaster and investhor not the same guy. Both promote same lousy stocks... All the stocks you promoted so far all go Holland lo...

Stop promoting before you do more harm than good. maybe some new investor with 1k money throw in your promotional articles lose everything he has.

Then at night you can sleep well meh?

Stock

2020-04-18 13:26 | Report Abuse

So you now trying to act as if you are an old man? Your grammar and actions and bullshit already reveal you to be a 28-30+ year old fraud still working hard at your day job as a report writer, while not making a single cent in investing in the stock market. If you did, your 3000 stocks comments would have less bullshit and more useful information to learn from. Instead you talk bad about EVERY stock, and never once had a good stock to discuss about.

So you have been recommending stock since you were in kindergarten age 5 eh? Good for you. At least kids who dont have money will not go bankrupt.

As for recommending poorly researched stocks, and no issues with it. I think your idols must be TRUMP & KOON YEW YIN.

How many crashes did that cause? How would sslee have known about xinquan if not because KYY promoted it in I3 forum?

Frauds and trolls like you with no trackable portfolio are the exact reason why I started writing blogs and kept a portfolio, to show an example to new investors of how to differentiate between fake investors with no results and real long term investors.

So if your friend bought gdex and it became a value trap, or worse ( it lost a lot of money), then will you just walk away and say I don't know, I didn't buy it?

Some friend you are.

>>>>>>>>

i3lurker Sith Lords work in abolutes.

I see no issues with me recommending a share like Gdex when I dun buy it. In fact I must have recommended hundreds of shares to people over the last 30 years time that I did not buy.
18/04/2020 1:25 PM

Stock

2020-04-18 13:01 | Report Abuse

This is why I look down on trolls. First they say they recommend buying gdex. Then they say they are shorting star. Now they say Star is profitable for them.

Now they suddenly don't have any faith in their own recommended share gdex, but telling other people to buy gdex, whole they buy star instead.

I3lurker is a follower of trump?

First say covid19 is nothing.
Then say covid will not come to USA.
Then say covid is not dangerous.
Then now say they always knew how bad covid will be.

Wonderful liar and fake news maker.

From the beginning of pump and dump I have already made 20%, while your gdex is just another badly researched recommended stock.

I stop here.

Beating up lying kids is a waste of time.


Sith lords? Tell the truth and show your collection of LITTLE PONIES. But since you have been in i3 investor forum since 15-20 years ago, maybe you should start writing a book instead to supplement your income.

And stop recommending stocks. You do more harm than good.


>>>>>>>>>

Posted by i3lurker > Apr 18, 2020 12:37 PM | Report Abuse

I had already mentioned many days ago that STAR had been profitable for me everyday.

some of you especially those Sith Lords obviously are just blind or did not bother to read my posts.

I have no obligation to tell you when I am jumping off or dumping all my shares.

Stock

2020-04-18 09:32 |

Post removed.Why?

News & Blogs

2020-04-18 07:42 | Report Abuse

Again this is the stupidest thinking ever. Earnings and revenue growth is never locked in stone. Harta and topglove have high pe because they have been able to DOUBLE their earnings growth in 10 years, compete internationally and fulfill 25% of world market.

As for Calvin silly claims, my investment in topglove has returned 10x over the 10 years I held them. Even using 2019 recorded results, my investment in super high pe topglove has returned ample results.

https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2

As you can see, since last year to this year I have earned 24% on old topglove not including dividends.

As for fake pastor Calvin,

His stock pick service returns in 2019 ( too many losers to count)
https://klse.i3investor.com/servlets/pfs/123029.jsp

His stock pick service in 2020 (6 losers, 4 winners)
https://klse.i3investor.com/servlets/pfs/131750.jsp

His investment philosophy is a flawed one, and his stock returns are dubious.

But this concept of doubling money in 53.8 years is simply stupid.

Using this concept, if you invested in Apple and Amazon weekend their growth was exponential, using this thinking you would have "doubled" your money in 300 years.

Wow! Then the question is, why would anyone still be holding pe50 QL, pe46 topglove, pe40 yinson? Why would the combined MARKET CAPITALIZATION OF THESE THREE COMPANIES ADD UP TO 36 BILLION RINGGIT?

WOW SO MANY IDIOTS OUT THERE? WHY DO WE AVOID COMPANIES LIKE NETX AND LUXCHEM AND PUT OUR MONEY THERE INSTEAD?

Think. Think m think.


>>>>>

THAT MEANS THAT IF EVERYTHING GOES AS NORMAL LUXCHEM WILL DOUBLE IN PRICE BY 10.9 YEARS

HARTALEGA WITH P/E 53.8 WILL ONLY DOUBLE YOUR MONEY IN 53.8 YEARS

News & Blogs

2020-04-18 07:17 | Report Abuse

Back again? You forgot NETX so fast? No more articles to promote NETX?

Stock

2020-04-18 05:00 |

Post removed.Why?

Stock

2020-04-17 22:28 | Report Abuse

You are right. Since this is a shareholder only forum( I apologize as I did not realize this fact), then I will stop posting.

>>>>>>>

Kctai3007 Philip

If I may ask, why are you in the forum if you are not a shareholder?
17/04/2020 10:08 PM

Stock

2020-04-17 21:54 | Report Abuse

Doing those actions back then which hurt the company gave me many red signals which made me decide this company and management was not the company for me.

The local investing world from EPF, to kwsp, to majority of private funds and mutual funds found the same bells ringing and decided to stay away as well.

And so we stand today.

Luck? Greed? Insight? All I know is to find companies that treat shareholders as if they were partners in the same journey.

Those who have different standards and act differently to minority shareholders needs should be avoided at all costs.

Stock

2020-04-17 21:50 | Report Abuse

But Leno does have a point. The RPS payout which carries a coupon rate of 4 cent per share pa and redeemable over 5 years at rm1, which dropped to 80 cents at one point (5% Dy) an d sweetened with 2 free warrants.

A wonderful deal. 4 cents dividend with 2 free warrants kicked in( priced at 25 cents each), a wonderful way of getting free money out of INSAS. And if any problems occur I would be paid first before shareholders, holding preferred shares.

With these conditions and a lot of patience, I myself would have been enticed with a virtual 10% dividend ( buy rm1 sell warrants for 50 cents collect yearly dividend),

Except for the fact that they didn't need to do the RPS when they had ample money, didn't need to dilute share with warrants when they had ample cash, and didn't to buy vigcash, and other startups with that money.

Stock

2020-04-17 21:30 | Report Abuse

The fact of the matter is: everyone wants to be a contrarian. The guy who picks the stocks no one wants, and it turns into a gem and they can say wow I am brilliant. I am the man!

But investing is not a game and it is not about pride. It is about picking stocks very carefully.

There is a reason why everyone respects the successful contrarian. It is because there are so few of them. Most of the time, when someone picks a bad stock, it never materializes into a gem, and they end up losing their shirt.

In the edge of the internet, finding arbitrage opportunities is like finding water in the desert.

Most of the time, stocks remain undervalued for a reason.

Stock

2020-04-17 21:05 | Report Abuse

Let me tell you a true story. This is a story about a bitter, sad man who thought he was a brilliant investor and found a wise teacher. He decided to follow archaic thinking and simpleminded accounting methods without understanding the business and real life economics:

https://klse.i3investor.com/blogs/koonyewyinblog/2015-12-30-story88909-Why_Am_I_Buying_Xingquan_Koon_Yew_Yin.jsp

https://klse.i3investor.com/blogs/koonyewyinblog/2017-09-05-story131574-Is_Xingquan_a_Good_Bet_Koon_Yew_Yin.jsp


LIST OF TOP 30 HOLDERS OF XINGUAN AS AT 30 SEPTEMBER 2016 No. Name Holdings %

13 LEE SOON SHENG 3,160,000 0.65

It's amazing to see that in 2016, sslee has spent rm2 million investing in xingquan, using exactly the same method of investment, cigar butt investing. Buy high NTA companies for a song. He has definitely lost a huge part of the wealth that he worked so hard for, believing that Bursa works the same way as NYSE. His bitterness and pride and ego, has caused him to invest the balance of his hard work into INSAS, with very little to show for it through the years.

High nta, low roe.

This is a true story. Learn from the mistakes of others ( including myself), and understand the difference between luck and Prudence, hard work and simplemindedness, Pride versus confidence.

Then you will start to learn how to invest as if you can only buy 10 stocks through your life.

>>>>>>>>>

People can tell beautiful story but the quantitative figure cannot lies:
Tell me is picking a winner: a science, an art, a skill, pure luck or act of god?
And why all IR analyst and EPF support QL at PE50? What is QL competitor CP Thailand PE?

https://klse.i3investor.com/servlets/stk/fin/4006.jsp?type=last10fy
Pity Orient with good dividend but
31/12/2012. EPS 32.34 cents, DPS: 8 cents, Price: RM8.70, PE: 26.9, Net worth: RM 4,596,655,000
31/12/2019. EPS 56.50cents, DPS: 40 cents, Price: RM 6.55, PE: 11.59 Net worth: RM 6,666,968,000

Stock

2020-04-17 20:45 | Report Abuse

Kctai3007, let me put it this way.

Imagine if INSAS was an investment holding company similar to Berkshire and it has just bought over Nebraska furniture Mart and See's candy. What you are asking for is for them to sell it give away their profit center or dividends, and give it to you. Why?

Their business model is supposed to be to use cash generated from dividends and business earnings to buy more businesses or stocks that generate earnings for them to grow further.

That is their business model. They are not a factory or manufacturing where they can sell assets to give out as dividends to shareholders.

What you are asking for is akin to asking a bank to give away their money which they use for business and give it to shareholders. That's silly.

Your job is not to ask for such things. As an investor, your job to is to analyze their ability to take dividend and shares sales from INARI and use it to buy shares and businesses that go up and generate earnings over time.

If you think they are doing a good job in using equity to generate a bigger return, then invest in INSAS. If they are not doing a good job in managing capital efficiently, then don't invest in INSAS. That is the guaranteed way of being a long term investor in Bursa.

And if you noticed why the share price has not been doing well for the last 5 years? The answer that becomes crystal clear. If you were a money manager, fund manager etc managing 1.7 billion in assets, how much bacon should you be bringing home? If you can only generate 80 million per year on 1.7 billion assets(4.7%), you might as well put money in epf(6.3%), buy government bonds, buy yinson debt(7.85% perpetual) and get better returns.

That is how you should go about thinking about investing. Think of it like buying a business, not pieces of paper.

Stock

2020-04-17 12:47 | Report Abuse

Theoretical? I beg to differ.


https://klse.i3investor.com/servlets/pfs/120720.jsp

I have held QL for the last 11 years, topglove for the last 10, YINSON for the last 8. So I believe it is not a theory, but a fact of life?

May I ask? How long have you been investing in Bursa market?

Not an insulting question, but just to know your investing length so I can understand better.
>>>>>>>>>

Kctai3007 Philip and Leno

What you both say is correct but theoretical

Insas has been doing all this especially in the last few years (when inari grew from nothing into a huge company) but Mr Market didn’t want to know

So how?
17/04/2020 10:59 AM

Stock

2020-04-17 10:52 | Report Abuse

Wow, I finally respect Leno. He is far far far wiser than sslee.

Right attitude.

That is how one should go about investing in a company, instead of all the misguided dividends, corporate raidership, share dilution and warrants etc.

One should treat investing like getting married and concentrate on growing the company. And not thinking of short term benefits and short term goals.

The goal is always how to increase revenues and earnings for the company. If this is done well, the share price will follow suit.

Watchlist

2020-04-17 10:16 | Report Abuse

We shall revisit and compare again every year to see be total results, based on factual returns, and compare that to beautiful articles.

>>>>>>>>

As for NYSE, sure thing. But let's stick to NYSE companies.

RACE 154.30 ( your pe50 company)
STONECO 22.94 (PE 42 company)

Watchlist

2020-04-17 10:13 | Report Abuse

That's why you should add the same value shares of QL as to scientex on your portfolio tracking.

Watchlist

2020-04-17 09:35 | Report Abuse

Don't forget Ferrari and stoneco as comparison.

News & Blogs

2020-04-17 09:31 | Report Abuse

You should add it in yours, so can see the start date and end date and compare directly.

News & Blogs

2020-04-17 07:02 | Report Abuse

On second thought, this maybe a good exercise to train company kids.

Ok why don't you start a trackable portfolio this time on your user id. Let's teach you to be responsible for all your posts for once.

Why don't you start today( 10 years you say?):

Create a trackable portfolio( not watchlists), add in dividends and warrants, sell after announcement and reinvest back.

Scientex 7.85( your pe10 company) including dividends
QL resources 8.12 (PE 50 company) including dividends

As for NYSE, sure thing. But let's stick to NYSE companies.

RACE 154.30 ( your pe50 company)
STONECO 22.94 (PE 42 company)

these are also stocks that I hold so it should be fair, right?

In any case, I will leave it up to you to start a trackable portfolio, whether on your musingzebra blog, or in your i3 account.

But for once in your life, be responsible for your words.

News & Blogs

2020-04-17 06:53 | Report Abuse

Since I know you definitey wont be around, I'll pass kid. Your investment thesis has already been proven wrong.

"Oh right, again as if an overvalued QL needs to drop in tandem when the market drops 30%. And if it doesn't, it shows that it isn't overvalued, what kind of logic is that?"

Do you even understand what you are talking about? When the entire world is fleeing equity markets, a PE 50 company like QL which is "overvalued" doesn't drop? But it is still overvalued? So what does overvalue mean to you? Expensive? When entire world become cheap, then shouldn't QL drop as well? Well yes of course it did. It dropped from 8.60, to 6.90(24% drop) , but subsequently recovered back to 8.17. Why? Why would a pe50 recover? Because many investors including myself see value in an 11 billion company, academics like you.

Watchlist

2020-04-17 06:42 | Report Abuse

Operating cash flow

Gdex: 13 million, capex 6 million, fcf 7 million
Star : 100 million, capex 13 million, fcf 87 million

Watchlist

2020-04-17 06:32 | Report Abuse

The difference between a STAR MEDIA GROUP and a GDEX:

Star
15-Apr-2020 15-Apr-2020 Buyback 2,380,500 0.270
14-Apr-2020 14-Apr-2020 Buyback 942,400 0.265 0.265
13-Apr-2020 13-Apr-2020 Buyback 765,600 0.260 0.260
10-Apr-2020 10-Apr-2020 Buyback 800,000 0.260 0.280

Gdex
13-Mar-2020 13-Mar-2020 Buyback 961,400 0.150 0.160
10-Mar-2020 10-Mar-2020 Buyback 334,900 0.175 0.185
02-Mar-2020 02-Mar-2020 Buyback 600,000 0.195 0.200
28-Feb-2020 02-Mar-2020 Buyback 1,100,000 0.195
28-Feb-2020 28-Feb-2020 Buyback 500,000 0.205 0.210
21-Feb-2020 21-Feb-2020 Buyback 1,000,000 0.240
21-Feb-2020 21-Feb-2020 Buyback 1,000,000 0.240
10-Feb-2020 13-Mar-2020 Buyback 1,296,300 0.150
21-Jan-2020 21-Jan-2020 Buyback 500,000 0.280 0.280
20-Jan-2020 21-Jan-2020 Buyback 800,000 0.280 0.280
20-Jan-2020 20-Jan-2020 Buyback 300,000 0.280 0.280

Looks like gdex is better right? But why was star sbb far more successful?
They know when to buy back shares and can buy back in numbers. More importantly:

Star nosh 737,876 million shares
Gdex nosh 5,371,218 million shares

Star cash myr380 million
Gdex cash myr260 million

Stock

2020-04-17 06:20 | Report Abuse

Hi i3lurker little kid,

This is the difference between GDEX and a STAR, faham? Really hard to go bankrupt when you can buy back shares. This is considered growth also, when you use outstanding cash to reduce outstanding shares in the market.

>>>>>>>>>

15-Apr-2020 15-Apr-2020 Buyback 2,380,500 0.270 0.270 View Detail
14-Apr-2020 14-Apr-2020 Buyback 942,400 0.265 0.265 View Detail
13-Apr-2020 13-Apr-2020 Buyback 765,600 0.260 0.260 View Detail
10-Apr-2020 10-Apr-2020 Buyback 800,000 0.260 0.280

Stock

2020-04-17 06:09 | Report Abuse

Kctai3007, you seem to be a looking for dividends and value. Mary I introduce you to boon siew? Very good returns and high cash, zero debt and good value. Just sell all your INSAS and put all in Oriental holdings. They sell all the Honda and mitsubishi bikes, which have a stranglehold in Malaysia and good sales abroad. A wonderful company now giving you 7+ % dividends, the majority owner has 67% ownership and is very shareholder friendly. Good wonderful economy resistant company with wonderful earnings every quarter.

This crisis has provided you and opportunity to buy these companies at 10 year lows. With blood on the street, it is times like this that allow you to buy wonderful companies at drop down prices.

I can guarantee you in the next 3-6 years, you will be far happen investing in old boon siew than in INSAS.

They do almost everything that INSAS does, except they are far more successful in their ventures into healthcare, hotel, transportation, investment holding, plantations, and motor bikes. They have a wonderful history of earnings and revenues growth, and buying Oriental holdings today you will get high dividends, and a guarantee rerating of their stocks prices, as they will come out of this crisis far faster and easier than a company like INSAS.

Warren Buffett evolved his investing methods after he met Charlie munger. He no longer bought cigar butt companies selling below liquidation prices. Instead he realized that paying fair price for wonderful companies would give him a far better return in the long run.

Don't be afraid to sell bad stocks at a loss. You can earn it back by investing in good ones. You just have to throw away the ego, admit your mistakes, learn from it and move on. Holding on to value traps is just stupid in the long term.

Good luck.

And stop listening to talking cats, too much catshit. You know it. I know it.