https://klse.i3investor.com/m/blog/phillipinvesting/2020-03-02-story-h1484657262-3rd_Quarterly_Report_for_The_Borneo_Bikers_Gang.jsp

https://klse.i3investor.com/m/blog/phillipinvesting/2020-03-02-story-h1484657262-3rd_Quarterly_Report_for_The_Borneo_Bikers_Gang.jsp

https://klse.i3investor.com/m/blog/phillipinvesting/2020-03-02-story-h1484657262-3rd_Quarterly_Report_for_The_Borneo_Bikers_Gang.jsp

It's ok, you are using imaginary portfolio anyway.

With x.x figures just put more xx la to make the numbers work.

Post removed.Why?

For me in terms of banks I prefer safety of investment in terms of loans.

DBS has a lower PE than PBB true. However why is that so?

PBB has a much lower gross impairments loan ratio of 0.49% versus DBS 1.5%. This is because PBB borrows for hire purchase loans (which pretty much does not exist in Singapore haha). Comparatively, it is almost a guaranteed loan, as the loan principal is paid off early, and profits are paid of in the back end of the car/house loan. Which if any impairment occurs PBB can auction of the car or resell it cheap as the principal has already been paid, and any further loans is just gravy on top.

DBS has such a high gross loan impairment because it borrows a lot to SMES, developers and manufacturing companies, which is going to be looking at huge losses and payment misses in the months to come. The disposal of assets of which will be hard to factor in due to bankruptcy.

PBB on the other hand is mostly borrowing to households and car owners that already have a committed monthly loan payment schedule. So i believe the payment schemes are there.

In terms of free loans (individual deposits and fixed deposits), the lifeblood that banks use to generate income and cover loans, you can measure yourself the deposit/loan percentage of DBS versus PBB. You will quickly find out how much the chinese communities save money and squirrel away in malaysia versus singapore.

One sad fact is singapore seems to be a very wealthy country, but in truth its individuals do not have much money to save and spend almost all of it away.

Malaysia on the other hand has a very healthy savings community (the chinese community at least), and this is shown with how much cheap loans are being kept as fixed deposits and regular savings accounts in Public bank.

Either that or Singaporeans are far brighter in chasing after alpha, keeping most of their wealth in bonds, stocks and mutual funds, versus in plain old boring fixed deposits.

gruesome or not i have my portfolio to tell the tale of my investment strategy and holding patterns. Unlike someone who keep on promoting and say made 7 figures in 2019 but only buy 50k SGD worth of stocks in NETX. Where is the rest of your stocks put into?

https://klse.i3investor.com/blogs/phillipinvesting/2020-03-02-story-h1484657262-3rd_Quarterly_Report_for_The_Borneo_Bikers_Gang.jsp

>>>>>>>>>>>

WHERE IS THE SORCHAI 3iii?

WHY YOU NEVER TELL YOUR Si-FOOL PHILIP THAT PETCHEM IS A GRUESOME STOCK?
02/03/2020 11:57 AM

So you finally admit your remark was a sohai remark to say SAPE worth RM3. Then WATAFAK your stock competition you put 30% on SAPE???? No BRAIN IS IT. Should put the money on NETX mah. Why your portfolio zero netx?

Sohai la.

Want to bet but not balls. Only know how to write fake article worth RM3 woh sapura.

Now dont dare to commit.

>>>>>>>>

Posted by stockraider > Mar 2, 2020 12:04 PM | Report Abuse

U must be sohai loh....!!

Why should i commit 2000% gain leh ??

When i promoted sape it was rm 0.33 mah....!!

If can beat your stock Pchem that u promoted in terms gain is already ok for me mah...!!

This the betting principle Only sohai....will give such high handicaps when it is not necessary mah....!!

Posted by Philip ( Icarus) > Mar 2, 2020 11:55 AM | Report Abuse

Dare to bet it not? In 3 years sapura energy will it worth rm3?

Yes yes, and your NETX is already 1.5 cents drop value after so many promotions.

How leh?

Dare to bet it not? In 3 years sapura energy will it worth rm3?

Simple yes or no bet.

If you don't dare bet then buy NETX la. But cannot trust your words already mah.

TP RM3 WOH.... 10X more than Calvin TP of NETX from 2 cents to 8 cents.

So how leh?

Sorry I don't want to waste time with % bet. I want to do baccarat.

You say in 3 years ( from 2019 - 2021) SAPE will be worth rm3.

You dare to say mah. I dare you to be loh.

Now you want to change story again? Or you about your research is useless got problem cannot meet your TP cocksure of rm3.

If cannot meet then say lo, sell SAPE buy NETX mah.

If not willing to about mistake then say lah.

>>>>>>>

Posted by stockraider > Mar 27, 2019 3:51 PM | Report Abuse

U use ur head & think lah....!!

How people can lose when Raider 3 yrs 3 mths TP Rm 3.00 and when the share price only 33 sen leh ??

U must invest long term loh....if u look at the price everyday...u sure get confuse and get panic loh...!!

Believe raider mah, bcos raider is cocksure u will sure make money in 3 yrs time mah....and not 3 mins, 3 hours , 3 days or 3 mths time loh...it is always long term 3 yrs time....u must buy & lock up loh....!!

Yes sell T7 buy NETX.

Can you explain why sell T7 by NETX?

You should never sell NETX mah.

You are very welcome. But please note that the market currently is very choppy, and if you need a dividend yield it unable to withstand long periods of market down, you would be best served to wait it out.

I am able to keep holding on and to purchase more during this bloodbath because I have access to margin and additional dividend and cash resources to average down.

I can't tell you how to predict when a market downturn is coming, but I can sure navigate one. Bursa now is under the strain of fear from covid+ trade war+ political uncertainty, a very very rare combination.

Today you can buy public bank at pe12, PCHEM at ipo prices etc.

If you ever need a signal to buy wonderful companies at drop dead prices, this is it.

Ignore the noise and understand the business.

Why t7 global? Why not NETX?

Ok celaka, we already put money in NETX why you promote T7?

Not all in NETX??

>>>>>>>>

calvintaneng SELL GKENT AND BUY T7 GLOBAL NOW
02/03/2020 9:42 AM

What happened to NETX? 150k investment top 30 investors and whatnot?

>>>>>>>>


calvintaneng SELL GKENT AND BUY T7 GLOBAL NOW
02/03/2020 9:42 AM

One cent dividend. Hahahahaha. Sorry Calvin, your expectations for for and gloom are overdone.

Still profitable. Paid dividends. Still got claims incoming from lrt3 (43% to submit by this year).

Sounds so familiar. Sure can trust one.

Don't buy sape buy NETX!

>>>>>>>>>
Posted by stockraider > Mar 27, 2019 3:51 PM | Report Abuse

U use ur head & think lah....!!

How people can lose when Raider 3 yrs 3 mths TP Rm 3.00 and when the share price only 33 sen leh ??

U must invest long term loh....if u look at the price everyday...u sure get confuse and get panic loh...!!

Believe raider mah, bcos raider is cocksure u will sure make money in 3 yrs time mah....and not 3 mins, 3 hours , 3 days or 3 mths time loh...it is always long term 3 yrs time....u must buy & lock up loh....!!

Go away la dragonslayer, keep complaining about NETX as judi counter, what da fak.

No need for you to be referee, you don't even own a single sen of NETX but say judi counter.

You don't know many long term investors here for NETX?

Kacau kacau no one needs you la in NETX.

Go hang around in threads where you actually bought the stocks.

You think this is friendster?

Who needs a referee here la

>>>>>>>>>

Posted by dragonslayer > Mar 1, 2020 10:04 PM | Report Abuse

Aiyo....mana all the penkritik...all kena red flags kah..philips also scare to come kah..then I go pchem jadi referee lah...see how... pchem vs Netx...2020 end dec fair lah...Netx better or Pchem better......aiyoyo...kikiki

Philip Pchem rm5.40
PChem supporters
1. SSLee

Tibet Monk .Netx rm0.02
Netx supporter
1. Calvin kor kor
2. Faisal
3. Tony Wong
4. Ikan Jipun
5. stncws

Meaning you averaged down at 1.80, from 2.50, from 4.15?

Oh no, were you expecting a dividend from lctitan? Or did you think it will be able to compete with PCHEM opening next door?

Lctitan capacity is 2.4 mpta with no room for expansion. I checked. PCHEM pangerang will be 3.3 mpta to start with ample expansion space, with the refining side petronas/aramco directly opposite. Scale, raw material supply, cheap shipping and production costs, no need to import from overseas.

It will be a bloodbath when pangerang comes online.

PCHEM selling price to customers will be lctitan production costs.

>>>>>>>>>


Choivo Capital lol topped up yesterday. For once, my timing is on point.
12/02/2020 10:29 AM

No need argue so much, just watch one year, two year from now and monitor.

Halfway icon8888 will say he only dip his feet, cut loss already at 2.85.

So no need to expect so much or be so critical.

If he makes money just congratulate him la.

You never know, icon8888 might just secretly be your uncle in your mother's side.

When you realize that you will feel silly for insulting him or scolding a possible relative.

Anyway, once you get to know him, icon8888 can be a nice guy. If his stocks doing well. If abmb drop further his attitude level will definitely drop further.

Sorry troll. You can find others to talk to. My conversation is between me and raider.

Little kids with no stocks selections just go find your own entertainment and your own friends.

This will be my last reply to you, unless you have a stock selection of your own.

Sorry don't need troll as referee.

No one asked you to be a referee. Thanks but no thanks.

But how about you give a stick that you bought and own to compare la. Deal? If not just go away. You are a waste of time. No analysis. No stocks. You just like playing around.

I already have a pre-existing bet with raider ql versus INSAS. Ending 31st dec 2020. You can monitor that if you wish.

>>>>>>

Posted by dragonslayer > Mar 1, 2020 9:51 PM | Report Abuse

Aiyo philips..if you no ball to bet with Tibet Monk on Sapnrg....then you bet with Tibet Monk Netx lah..
I jadi referee lah...can or not...Pchem rm5.40 ..vs
.2sen Netx...end dec 2020..see who win....if you still dare not to accept...better keep quiet lah...bising so much at Netx.....lol...aiyoyo...kikiki

What is your return again? But of course you can xx all you want.

Try maintaining a trackable portfolio, then come back talk ok?

You forgot to add my returns from stoneco:nyse bought at January 2019, 200,000 shares. My biggest weightage yet.

Revise your numbers and try again.

My biggest holding to date is STONECO.

Mr XX shares.

The Present Portfolio of bullshit imaginary stocks
Company Name Percentage
XX 22.11%
XX 16.81%
XX 10.59%
XX 7.20%
XX 5.38%
XX 4.44%
XX 3.78%
XX 3.42%
XX 3.24%
XX 2.99%
XX 2.06%
XX 2.02%
XX 1.77%
XX 1.75%
XX 1.75%
XX 1.70%
XX 1.42%
XX 1.32%
XX 1.20%
XX 1.09%
XX 1.05%
XX 1.00%
XX 0.97%
XX 0.93%
XX 0.89%
XX 0.89%
XX 0.80%
XX 0.63%
XX 0.60%
XX 0.50%
MARGIN LOAN (11.92)%
CASH 7.60%
TOTAL 100%
>>>>>>

Choivo Capital Considering ICON's sailang into Jaks in 2019, and that most of his portfolio is in ABMB having exited Jaks at the end of 2018.

I have no doubt he is ahead of your -1% returns for the last 14 months.
29/02/2020 3:18 PM

I don't want to sound like icon8888. But having invested during Sars, mers, mad cow, pig disease etc, you need to be in the market for a long time to understand. The biggest problems to the investor is not stock selection, it is rationality.

If you check public bank is doing the same sales as least year, same revenue, same impairment level, but the pe had dropped by half.

PCHEM is profitable, got dividends, revenue is the same only earnings caused by margin compression and trade war and virus.

1929 recession is caused by virus and trade war? No. It was caused by greed of chasing earnings at all time highs.

With all my experience all I can tell you is:

This will pass. Virus will pass. Trade war will pass. PCHEM will never sell at liquidation value.

In times like these, when everyone is treating equities as if the world will end.

That is when I will be happily buying more.

>>>>>>>>>

Posted by jackfruit > Mar 1, 2020 5:45 PM | Report Abuse

Philip don't let your emotion cloud your judgement. World economy is entering into uncertainty now due to covid-19.Economy data coming out from china for February are horror. Dow Jone look like crushing now. Will be 1929 recession.

You want to become referee here also? No one want you here lo, can you go back to NETX thread? Oh wait they don't want you there too?

Never mind why don't you go to a thread where you actually hold stocks in? Oh wait, you don't own any stocks?

Then what are you doing in i3 forum?

This is not friendster.


>>>>>>>>

Posted by dragonslayer > Mar 1, 2020 8:05 PM | Report Abuse

Aiyo..Tibet Monk..if your competitor not dare to accept your challenge...he can opt out lah..then...dun become pchem super promoter...balik rumah...keep quiet...dun appear in I3 pchem bising bising again lah...lol...aiyoyo...kikiki

Unlike you Jonathan choi, icon8888 is quite honest. You can kind of tell his risk profile and stock selection.

The secret to being a contrarian and surviving for many years is to not sailang on anything. Lose not much, but make huge money also cannot la.

Those who play sailang games usually don't last long.

>>>>>>>>


Icon8888 Jaks I bought not much
01/03/2020 6:58 PM

Nope you are wrong. Icon is a contrarian just like you with 40+ stocks.

If you are telling me he can put this entire portfolio into Jaks, then I just don't believe you ( remember I still have his purchases and the price of his stock purchases when we compared sausages back in 2019 which he later deleted).

In fact, you can be sure my portfolio is the most accurate you can find in i3 ( accept I'm sure yours is more accurate, with xx stocks etc,).

And your comments itself make no sense, if he exited jaks into abmb in the end of 2018, how does he sailing into Jaks in 2019?

You will see the icon8888 makes a lot of inconsistencies in his reporting.

He also said ewint, lctitan, Insas warrants etc were his big calls as well. Mbmr, abmb, this la that la.

Just like you. We don't know what you bought or your long term returns because you don't have any except xx stock returns. Your reporting is shoddy, and your articles lack research.

Fyi I also started a position in serba dinamik after reading your research and going much deeper into the state of affairs.

https://klse.i3investor.com/servlets/forum/600250630.jsp

Let's see.

>>>>>>

Posted by Choivo Capital > Feb 29, 2020 3:18 PM | Report Abuse

Considering ICON's sailang into Jaks in 2019, and that most of his portfolio is in ABMB having exited Jaks at the end of 2018.

I have no doubt he is ahead of your -1% returns for the last 14 months.

Well I still have rm10 million in unutilized margin, which is more than the credits a bank will ever give to you I guess. Majority of my purchases was done with cash before.

And you can bet your bottom dollar I am a heavy buyer in this market.

Now is just like shooting fish in barrel.

Pchem at ipo prices.
Public bank at PE 12, best lending portfolio in the market, 0.49% gross loan impairments.
GKENT, massive buybacks, 200 million cash, lrt3 11.7 billion, mrt2 1 billion in orderbook.
YINSON, 2 contracts in Ghana, best run FPSO in the market.
AirAsia, still all time high revenue, growth into different markets, short term headwinds.
Ql, when all other competitors are losing money and dropping like flies ( layhong,teoseng,lhi), who continues to grow and grow and grow?

So many undervalued wonderful companies selling at cheap prices.

What to buy?


>>>>>>

Posted by Choivo Capital > Feb 29, 2020 3:25 PM | Report Abuse

Aiyah guys, relax lah.

You can build the bulk of your position at RM4-RM5.

Unlike Phillip who bought the bulk of his at RM8, then RM9. Then RM7, before sailang in RM6.

I doubt he is able pour much in at RM5 d.

I hope you learnt something today! I know i did!

Here is one you should always practice when doing valuation of banks (anything important is always hidden in the notes).

Open the quarterly reports PDF, go to search type: gross impaired loan percentage".

You will notice abmb had more than 1% impaired loans, hong Leong bank has 0.8%, and public bank has 0.49%.

Why is this important?

Qualitatively speaking: this shows how how much you lose each time you borrow to your particular clients.

Public bank borrows 300 billion for hire purchase( which if can't cover loan can be sold to another guy to sambung loan), making it the safest form of risky debt available.

So, does this explain why public bank has the highest PE in the market?

Do you know why warren bought Wells Fargo instead of bear sterns?


>>>>>>>>

Posted by Icon8888 > Feb 28, 2020 9:44 PM | Report Abuse

DY, PER, PBR

Which one need me to answer ?

LOL

Sohai

Sustainable growth while taking care of shareholders( quality of growth) is the most important fact of all. Everything else is accounting land.

It is the reason why I chose pb back then compared to hlb, abmb and maybank.

If you want good pricing.

Public bank is at 12 PE. 4% dividends. Best in class loan quality, results same as last year. Why choose abmb over PB? Look at the safety ratios of public bank.

It's major loans are for hire purchase and holds 250 billion. It's business loans ratio is 50 billion, meaning they prefer to borrow money to households to buy houses ( at very strict requirements as you all well know), but very little to developers and smes. None to London biscuits or 1mdb thank you.

They are also protected by the best savings community in Malaysia, the Chinese ( sorry racist but true), with 294 billion in loans in savings and fixed deposits.

They can survive bank runs, as their unique quality of assets have them at almost 80 billion short term holdings that can be liquidated to pay off scared investors and the rest of deposits used to borrow hire purchase owners and home owners ( safer in totality instead of individual bombs).

All these safety selling at PE 12.

Why abmb? Because it is cheap selling at pe8? And got good dividend yields and earnings?

As yourself this: what is the quality of earnings? How risky is the earnings gained?

If you get 12% a month buying Geneva gold, should you do that instead of measly 3% from fixed deposit? Which is better?

A "fine" management that borrows money to London biscuits and 1MDB?

Decision is yours to make.

If you have to invest in banks, invest in the very best one.

If you have to ask why public bank is the best run bank in Malaysia? Then you shouldn't be investing in banks at all.

>>>>>>>

Posted by stockraider > Feb 29, 2020 4:52 PM | Report Abuse

Correctloh...why do people care about growth, when it is trading at attractive earnings valuation & with good dividend and with fine management leh ??

If there is immediate growth an added bonus loh....if not the margin of safety of this abmb is good enough for investment mah...!!

Already won. Not could win. Now just to provide the hard details and sign the loa.

I am not badmouthing lc titan. I am saying your judgement of stocks sucks.

Lctitan will be permanently unable to compete against PCHEM.

PCHEM is a short term displacement and a long term prospect.

So I'm not going to say both it and pchem sucks.

Just you.

For me you will see if it is a mistake on business prospects I will sell immediately and inform on my portfolio page my losses.

But unless business prospects change, I am still holding until 2021 when PIC goes to full production.


>>>>>>>

Aww but you write such a good story and so ego... How many investors follow you to this mistake and you didn't tell them you quit lctitan?



Posted by Icon8888 > Mar 1, 2020 1:13 PM | Report Abuse

No need to badmouth LC titan

Let’s just say both it and pchem sucks

And I already said I quit lctitan

I made mistake sometime

No problem

First he say confident sape TP rm3 in 3 years. But when confronted he changed his time. I lazy to reply him because when his analysis fails her uses insults instead to talk over you.

>>>>>>

Posted by stockraider > Mar 1, 2020 12:32 PM | Report Abuse

Your ass so smelly, worth as a security ah ??

>>>>>>>>

Posted by stockraider > Mar 27, 2019 3:51 PM | Report Abuse

U use ur head & think lah....!!

How people can lose when Raider 3 yrs 3 mths TP Rm 3.00 and when the share price only 33 sen leh ??

U must invest long term loh....if u look at the price everyday...u sure get confuse and get panic loh...!!

Believe raider mah, bcos raider is cocksure u will sure make money in 3 yrs time mah....and not 3 mins, 3 hours , 3 days or 3 mths time loh...it is always long term 3 yrs time....u must buy & lock up loh....!!

So how did you end up buying lctitan at 4.15?
Did you understand it then? Do you understand it now?

Why is lctitan selling it's assets and subsidiaries?

Why is PCHEM going the other way and adding MORE capacity?

Pchem has 12 BILLION IN CASH.

I'm being a contrarian now and buying all I can.

Icon8888 Only buy something when you understand it

How much do we know about petrochemical industry prospect ?

>>>>>>>>>>

https://klse.i3investor.com/m/blog/icon8888/2019-01-30-story-h1457006496-_Icon_LC_Titan_Price_Collapse_Shaken_Shareholders_and_Contrarians_Scram.jsp

I can guarantee to you next year earnings after adding 3.3mpta of capacity, new products to flood market from da Vinci acquisition and pangerang full production will be more than this year.

Guaranteed.

This year 3 billion in earnings. Next year minimum 4 billion.

To be honest the dividends given out is due to Mr sslee working hard on your behalf to get it for Insas shareholders. But with shrinking business prospects and reducing cash flow, do you think this dividend will be sustainable?

Buying stocks is inherently risky. With risk comes the promise of higher returns.

Getting a dividend lower than FD to accept that risk, you need to monitor the historical return of INSAS to see if it was worth holding on for years.

You were rejected from NETX, apparently you are also rejected from sapura.i am here because I have been holding yinson for the last 8 years ago I want to see competitor performance.

What's your excuse? No stocks in both counters, so what are you doing around hanging around here kikiki so much?

Already antagonize netx investors until they told you to fxxk off. So funny.

PCHEM I buy for pangerang, not yet started up. So long term prospect still stay the same, still making money, still got dividend. I'm buying more at discount price. Waiting for 2021 when PIC full run +3.3 mpta, increased capacity, no more Wuhan virus and no more trade war.

You leh? Your hobby just jadi pengkritik? Or got an opinion? Or you don't hold any stocks at all? Or no money to buy anything?

If no money get a job kid, then come back forum when you have money to actually buy a stock.

Until then, no one wants your referee services.



>>>>>>>


Posted by dragonslayer > Feb 29, 2020 9:35 AM | Report Abuse

Aiyo philips...I was at netx when your penkritik invicible forced me to go there jadi refreee to sapot Cavin kor kor mah...now they say no need referee...then..I stop lor...lol...I always at here mah...mana ada come back as you said one...lol...your pchem...how...below your cost oredy leh...you not happy also dun find me leh....ada rugi kah......lol....aiyoyo...kikiki

Trust in Calvin tan eng!


>>>>>>

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2019-03-16-story-h1457186181-_calvintaneng_what_make_you_to_like_Destini_so_much_Question_posted_by_.jsp

Good luck.

One big lesson to learn. Never fall in love with your stock. It doesn't know you exist.
If after 3 years the business fundamentals for Insas had not changed, you need to review your opportunity costs versus your held stocks. Don't let your trauma in xinquan and hengyuan box you into fearful decisions. Fyi your benchmark now is fixed deposit. If you had used your local bank fixed deposit rate and compound over 3 years, ( including your quarterly top up), would your overall portfolio perform better or worse?

Only you know the answer to that.

If I can sell QL to take advantage of the heavy market discounts and evolve my investment strategy, so can YOU. Waiting for someone else to realize the value of INSAS and buy it from you at a fairy value is doomed for failure. I have "realized" the accounting value of INSAS for the last 5 years, and it is nowhere near to getting realized. As value is slowly being dissipated to pay for unprofitable enterprises, time is running out. That is why INSAS forever "undervalued".

I sincerely hope ( as a fellow UM graduate and professional engineer) you will realize value traps are just as dangerous as losses from China controlled companies ( HY, Xinquan).

Wish you the best and all health. The most important resource you have is TIME. Spend it wisely selecting wonderful companies during this discount month.

Thank you

>>>>>>>>>>>

Sslee Haha,
I am still collecting INSAS and on my way to top 30 shareholders list. Hope philip will push Pchem price up so that I can trade Pchem again.
29/02/2020 9:36 AM

My only enemy is you. And I don't even consider you an enemy, just a pest.

I don't have random investors like ta who is fxxking you up and down on Abmb. Or your many anticon posts and newbie posts that you deride.

But you both are so childish it's a waste of time.

Why don't you go and scold warren buffet for his Kraft Heinz purchase and forget all the others.

Still haven't suspended this counter?

Gkent and PCHEM I just started my collection phase, stoneco already bought and earning, ql night and earning, topglov bought and earning, yinson bought and earning.

You know my overall trackable portfolio of holdings.

Lucky for me I didn't follow this buycall.

https://klse.i3investor.com/blogs/icon8888/2019-01-30-story-h1457006496-_Icon_LC_Titan_Price_Collapse_Shaken_Shareholders_and_Contrarians_Scram.jsp

Otherwise my legs really become soft.

So, you lost money in abmb( your biggest position), legs become soft and start calling everyone there who followed your buycall stupid, sorchai, sohai and more. Legs so soft already? Tempers flaring?

Luckily I also didn't follow your buycall into INSAS warrants.

Otherwise really go Holland.

I am definitely buying more gkent at 80 cents, and PCHEM at rm5.
(Shrug)

If you bought GKENT in 2015 for rm1.5 when it didn't have 14 billion in confirmed order book, and 200 million in net cash, 7% dividend, how has your analysis changed today?

Yalo 3iii, why so nosy?
Stop making fun of Calvin leh, he also not happy kcchongz didn't ask him write comments on his book.

You need to learn proper value investing from chun chin Calvin tan.

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2019-03-16-story-h1457186181-_calvintaneng_what_make_you_to_like_Destini_so_much_Question_posted_by_.jsp

Learn here la, sorchai 3iii!

>>>>>>>>

Did I do a good job sifu Calvin?

Sochai. Sohai. Stupid. Newbies.

All he knows is insults and taking bad about others.

He say he is a retired ex engineer ex banker. You believe?

I think he is a middle aged catfishing internet trawler who was fired by the bank and his boss for "seeing" too much in 1999.

But you have to forgive him. When his stocks go well he is a relatively nice guy.

When his stocks tumble he can't sleep at night.

So Lansi like a little girl.

I wonder how it feels when other investors bring up pertinent questions that you cannot answer.

I like icon8888, not enough research into his stock. Cannot answer. Throw insults.

Just like a contrarian.


>>>>>>>>

Posted by Icon8888 > Feb 29, 2020 8:06 AM | Report Abuse

Going for breakfast

No time to waste on newbies

Demonstrate abit your feel.

https://klse.i3investor.com/blogs/icon8888/2019-01-30-story-h1457006496-_Icon_LC_Titan_Price_Collapse_Shaken_Shareholders_and_Contrarians_Scram.jsp

>>>>>>>>>

I think you guys do not understand how big a bargain is, because you have not seen enough of things

Not your fault, You just don’t have the feel

If no need justify then just shut the fxxk up. Why keep writing so many articles to justify your purchase in abmb? Just dumb dumb shut up and buy la. Let your investing do your talking for you.

Or you want to justify to yourself that you did not buy another lctitan?

Drop to 1.71 Holland.

The problem with icon8888 is he is too lazy to do qualitative understanding of the long term business prospects of abmb and just buy because he thinks it is cheap. That is why I think he is a young chap. Too young to remember mbf finance and why I bought pb instead of all these yahoo banks.


https://www.nytimes.com/1999/01/05/business/worldbusiness/IHT-preemptive-action-puts-central-bank-in-control.html

There is a reason why they call it bank run, and bankrupt.

When you look at banks, you have to understand it qualitatively. What is the possibility of massive withdrawals happening? Has the bank made enough money from the "float" ( savings deposits, fixed deposit and central depository grants) to make enough money to survive during bad times?

When the default rate goes up, payments go down. Investors panic, and savings accounts get withdrawn. How many hits (impairments) can a bank take before it collapses, and what is the quality of those loans ( versus the deposits to the bank).

All he sees is what is infront of his nose. He only looks at the simple things, price to earnings, price to book value, share price, dividend.

None of those says anything about debt quality, loan impairments, savings deposit quality. Average loan rates.

Funny how a supposed "ex" banker cares more about dividends and price to book and pe and doesn't give a damn about the important stuff that was certainly a KPI if he was a senior banker. Impairments, customers, hire purchase, loans.

But then again, I think icon8888 is a keyboard warrior kid.

Icon8888 is a typical trader, contrarian and gambler.

All the standard signs are there:

He is proud and egoistic when his stocks go up, violent and angry when his picks go down. But things like warrants with a fixed time value can do that to you, especially when it doesn't go your way.

He likes to criticize others and call names, and says he got standard.

He is a frequent liar, engineer one day, ex-banker the next, retiree another. The truth is, he might actually be a young guy, you never know.

He buys stocks while driving, one hand on the wheel the other hand frantically pressing buy button. He wrote it himself.

He showed his buy prices one day for stocks and deleted it soon after. I still have his record of prices and know how much he actually lost, if he still held the stocks.

Now that he is panicking, his attitude becomes so black you can drink it with a sugar.


>>>>>>>

Posted by Icon8888 > Feb 29, 2020 6:32 AM | Report Abuse

Stop posting on this forum until your standard improves