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

You might as well remove the xx, as judging from the way you comment on i3 forum, I could pretty much glean what was your top 10 holdings and the results today are.

As for losing on buy calls, you should be the first to know not to mix trading calls versus long term investment calls. As I already said, I never buy stocks at all time highs, but buy it when the prices were reasonable. You only start commenting when the stock overperformed then you only see pe50 and say overvalued and sell ql. It still beat a lot of your imaginary xx stocks.

If you want to compare short term picks with long term picks...

Did you not get your first 100% return from buying my pump and dump stock in PPHB? I wrote an article on it in January of 2019, where I said it was a short term pick, but still a good buy. And now you profit directly from it. No thanks needed or warranted.

As for losing money?

I myself bought and held

GKENT
QL
TOPGLOV
YINSON
STONECO:NYSE
PCHEM

which EXACTLY is losing you money? Versus the market benchmark I would say my basket is doing fine if you bought in totality last year. You can do the math. I'll wait.

But I guess you would be using specific stocks instead of portfolio. Just like Calvin tan. Chun chun calls right?

So in this case understand the specific reasons I bought the GKENT and PCHEM. Gkent completion for lrt3 is in 2024, if I buy it then I would be stupid. I'm not going to buy high and sell low like rcecap. I buy it now then when it goes up after 2024, then I sell. This is called long term investing while enjoying dividends and share buybacks every year to wait. PCHEM is the same thing for IPIC, management has already guided to end of 2019 completion, 2020 soft run, 2021 full production. Management own words. So now that the stock has dropped to ipo prices, same case: you still have dividends and a cheap share price to buy from while waiting for the long term. Dividends in the worst of times, to wait. Historically is 1.2 billion, did you think PCHEM is a super stock immune to viruses and market oversupply? But did you also think trade war will last forever? Covid-19 will morph into AIDS? So, if you "follow" my "buycall" which I never make any sell TP but only show what I bought so as to "teach" long term investing with real time data instead of just saying oh I bought this stocks in 2009.

Be fair, did you lose money or make money in totality? It you want to nitpick why warren lost money on Chevron and GE and Decker shoes or why sees candies loses money 8 month of the year?

But let's nitpick on your results. And your presumption.

>>>>>>>>

But what about your range of imaginary stocks? I wonder if warren buffet partnership ever did bullshit like this and hide vague numbers with xx as his returns. He would never have gotten a single investor on board buffet partnership. If you want to be like warren, do it rationally. Turn imaginary investing into trackable results. Otherwise don't even put that garbage basket of % stocks and assume people should care.

Perhaps it is good you started another business, as you do not seem to be cut out for investing. You don't have the rationality for it.

You are like the opposite spectrum of Calvin tan. Same number of research articles, so many weird assumptions and academia versus qualitative application, horrible results in totality. But chun chun comments all the same.

But for being so good at commenting at others, what is your performance? Only you know la.

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%

Post removed.Why?

Awww dragonslayer had left netx to join back his gang in sape. Even how supporters kick him from NETX.

Too toxic with no money to buy stocks so just referee everywhere, even when not needed.

(Shrug).

Even your comments are useless. Just another troll with any analysis of stocks.

What bullshit % gain oh? You say cocksure so must follow mah, unless you are not a man if your words. I said pchem will be worth 10 in 3 years, you said cocksure sape is worth rm3 in 3 years, what are you shitting now?

You don't trust your own words?

Yes we bet fairly mah, but a gentleman must think before he talks, and when he talks he must be responsible for his words.

Will you take responsibility for your claims of sale rm3 in 3 years?

stockraider Since u like to bet so much....then we must bet fairly mah...!!

Today mkt close;
Pchem Rm 5.42 --> TP 10
SAPE rm 0.185 --> TP 3

>>>>>>>>

If u want to bet say by end of the yr 31-12-2020, which counter pchem v sape, has the highest % gain loh.....!!


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....!!

What bullshit % gain oh? You say cocksure so must follow mah, unless you are not a man if your words. I said pchem will be worth 10 in 3 years, you said cocksure sape is worth rm3 in 3 years, what are you shitting now?

You don't trust your own words?

Yes we bet fairly mah, but a gentleman must think before he talks, and when he talks he must be responsible for his words.

Will you take responsibility for your claims of sale rm3 in 3 years?

stockraider Since u like to bet so much....then we must bet fairly mah...!!

Today mkt close;
Pchem Rm 5.42 --> TP 10
SAPE rm 0.185 --> TP 3

>>>>>>>>

If u want to bet say by end of the yr 31-12-2020, which counter pchem v sape, has the highest % gain loh.....!!


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....!!

Post removed.Why?

Old men can and must learn new tricks to evolve.

Ql now is pe 50+. Overvalue at least have growing value.

Sadly, Insas... Hard to find any value. Never have. Never will.

When will sslee start to learn from Calvin tan mistakes and improve his own journey.

If assets was the key to making money in stock market,

Why are these stocks so low in pe and appears like a great deal but no one buys them?
Asiapac
Talamt
Bjland
Mahsing
Pathetic parkson (2 billion assets for only 200 million, isn't it better than Insas with a net asset of 1.74 selling for that 17 cents? Better than Insas 76 cents with 2.34 NTA value)

https://klse.i3investor.com/blogs/Sslee_blog/2019-07-16-story215437-Insas_Deep_Value_Investing_Assets_value_liquid_assets_and_Earning_play.jsp


The real fairy value is Insas. "I believe Dato’ Sri Thong will do something about Insas share price".

November 26, 2017.
Dear all,
At KLIA2 terminal waiting for my flight to Medan.
Just used up the door gift from INSAS AGM, DOME voucher of RM30 for food and one free coffee.shares
Please check up of DOMECAFE at below link.
http://www.domecafe.com.my
You will be surprise and spoil of choices with so many verities of foods and drinks they are serving.
The foods/drinks and services are excellent. Easily beat Kenny Rogers of Berjaya food hands down.
Thank you

You have now kept Insas for 3 years. In that time they sold down almost 100 million inari shares,

Nov 28, 2017 1:03 PM | Report Abuse

Dear sparta,
INSAS own 401,711,300 INARI shares.
Just do the math.
Thank you.

Sold roset, no growth in dome, closed vigcash. Lost money in melium, tribecar, payment system, biotech not moving.

Revenue and earnings multi year low.

In November of 2017, share price of Insas was 0.93. 3 years later, Insas is now worth 0.76.

Will you still hold shares in this fairy value company? Or sell it?
Or in this best of times buy a company that will continue to grow and grow 3 years from now? A wonderful company?
Have you improved your investing skill in the last 3 years to notice and find a wonderful company?
Or will your fear of the unknown stop you from increasing your investment in the wonderful company which faces temporary headwinds?

Remember xinquan. No one can help you if you choose a wonderful company on paper, bad company in real life. Only yourself.

Thank you

>>>>>>>>

Sslee Haha,
After arguing with Philip for year on QL, finally he say QL is fairy Value at PE60. He sold some QL to top up Yinson
28/02/2020 9:00 AM

Post removed.Why?

This lansizhai really thought he is the bomb.


Arrogant without any results.

>>>>>


Posted by Icon8888 > Feb 28, 2020 9:43 PM | Report Abuse

If you need me to answer that kind of question you are a sohai already loh

Kindergarten kids also can answer mah


Icon8888
18719 posts
Posted by Icon8888 > Feb 28, 2020 9:44 PM | Report Abuse

DY, PER, PBR

Which one need me to answer ?

LOL

Sohai

But he follow you to Holland until crazy and topped up on lctitan.

Maybe you should write a new article on lctitan.

Lctitan part 2, how I fxxd up, cut losses and didn't tell anyone about it.

Are you still buying hong Leong with one hand behind the wheel and the other holding you phone making orders?

>>>>>>>

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

CHUN CHUN CALL!.

let's just this stock promote under a rock too ya and forgot we ever promoted it.

How many promotional articles have you deleted already mr Calvin?

Why you forgot to delete this one?

But you can forget about it. The moment you delete I will repost and ask you why you deleted your scam articles.

>>>>>>>


So this is another reason why Calvin is able to SLEEP WELL At Night

Calvin Tan Research expects Destini to go up at least 100% in one year.

Post removed.Why?

Yes gg this quarter. Next quarter also, and the all the quarters after that.

Probably need to buy gkent in 2024 when you will finally see all the earnings from lrt3.

I wonder how much the share price will be then.

Buy now at cheap price, share buybacks and dividends. Or buy later when the results come out and price is already too high?

Blood is on the streets. Wait until when?

>>>>>>>

K-Den MRCB only received 600K from LRT3 then GK ma also gg this quarter?
26/02/2020 5:27 PM

Sorry I forgot. Bullshit is all you know.

>>>>>>>>>

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....!!

27/02/2020 4:47 PM

stockraider Don be sohai....u never work your maths meh ??

Posted by Philip ( Icarus) > Feb 27, 2020 3:52 PM | Report Abuse

Please, just go away and hang around with your friends in bumi armada and sapura. Im busy using my dividends to buy more shares of PCHEM.

you want to do another bet?

In 3 years 3 months time (like you promote mah right?),
PCHEM will be rm10,
your Sapura Energy you said will be worth rm3 right?

Dare to bet?
27/02/2020 4:11 PM

What cash hoard?

You go back to school and do your maths. Go and calculate back how much it costs to build pangerang then ask yourself if 3 billion USD in cash is a lot or very little.

Of course to those who never made a million, it sure seems like a big number.

Maybe if you stop throwing money into things like insas warrants your rm5k can actually amount to something in the long run.

>>>>>>>

stockraider Why Pchem dividend cut to only 7 sen leh ??

Why hold so much cash rm 12b ?, it is a waste mah, if u cash hoard, the return is very low mah....!!

Do not be confuse loh...there is rm 12b cash but number of share is 8b units so your cash per share about rm 1.5. This figure or % cash may not even beat insas loh....!!
28/02/2020 6:50 PM

Really a small childish kid. Thank god none of the kids I raised were as petty. Worse than a child.

>>>>>>>>

con8888 Lansi zhai has gone quiet
28/02/2020 6:58 PM

Exactly. In engineering terms:

Your fixed factors:
Free cash flow generation capability.
Your production capability. Your location, supply and logistics.
Your bottom line pricing and your competitive margins.
Your ability to meet capital requirements.
Competitors and their ability to outsell/outprice you.

The variable factors:
Quarterly demands/market supply.
Wars, diseases, lawsuits.
Share price expectations from Mr. Market.


In the end the important thing to realize is this.

You have a company with 38 billion in total assets, 8 billion in liabilities.
Of which you have 12 billion in cash, and 1.8 billion in borrowings.
It has never diluted shares, and maintains a 50 payout.

At today's prices you are buying a business that is valued at 43 billion, has 10 billion in cash, and 30 billion in cash, still doing 16 billion in revenue a year and profitable every quarter despite trade wars, viruses and market oversupply.

What more of a litmus test do you want to prove pchem is a wonderful business worth buying, holding and adding more? The only way to end pchem competitive advantage is to drop a bomb on Malaysia. Even then it might not work.


>>>>>>>>>


enigmatic ¯\_(ツ)_/¯ PCHEM's Net Cash generated from operations this QR is still very good compared to last year. (5,544M vs 6,667M) 5 years ago, it was just 4,699M. I agree that when PIC commences, surely there would be more growth.

PCHEM still has hoards of cash of 12,045M this quarter against 12,329M last year. If I'm x mistaken, PCHEM has one of the largest cash piles in entire Bursa. 12B cash against 457M USD non-current borrowings should be pretty comfortable.

(Shrug).

Don't worry, if PCHEM goes down I will just buy more.

I won't curse your mother and fxxk your father.

It is a rock solid company with 10 billion cash.

It was cheap when I bought it last year at 8.15.

It is cheaper now when I paid 6.30 for it.

When it hits 5? Even more discount for me to collect more.

People give you discount and dividend, you think viruses and oversupply last forever?

If course buy more sell high.

Unlike fake engineer/banker icon8888 gamble on insas warrants and buy with one hand on the wheel the other on phone buying lctitan at 4.15( buy high) then sell of at rm2( sell low).

You should try doing it the opposite way once in a while.

Then you wouldn't have to be so bitter about life.

Letting you and a monkey manage my money picking stocks would probably have the same results

You sell rcecap at lows and buy it at highs.
You predict losses but you get profits.
You predict profits but hengyuan goes belly up.
You predicted 200 million in earnings, but nowhere near that.
You write huge research on how overvalued QL is, but don't notice how the revenue and profits keep growing to meet the value.

Susah la like that. How to give you money to invest?

Choivo, wrong again on both counts.
1. Petronm made a small profit ( not losses).
2. Petronm did not do 200 million in net profit this year. Nowhere close.

But don't worry, no one will need paying 5k for your research either. So where do you even base your research on anyway? Reading tea leaves?

>>>>>>>>>

Choivo Capital Just so it is clear here, in case they are some who bought off my research.

I am actually expecting a small loss for Q4, from inventories being revalued at NRV. Would be happy to be proven wrong though.
18/02/2020 1:48 PM

Calvintaneng is a fraud plain and simple. His strategy is similar to many penny stock pushers, promote as many stocks as possible, choose those that went up and promote further, discards those that didn't do well and hide it as far in as possible.

https://klse.i3investor.com/servlets/pfs/123029.jsp

He has promoted 40 stocks last year with glowing buy calls. Out of those 40 stocks, 14 stocks are green. He then uses those that went up to say he is brilliant and incredible. He collects WhatsApp members and tries to buy more penny stocks to push up and deletes opposing opinions in his NETX thread.

I bought 6 stocks last year, QL, topglov, gkent, Pchem, stoneco, yinson. You can see the average total return of those stocks and the dates I bought them.

What does Calvin have except lies?

Yes you can go wrong, despatch boy.

>>>>>>>


stockraider Insas is collection time loh...u cannot go wrong at 83 to 83.5 sen, just buy loh.....!!
26/02/2020 11:31 AM

https://familymart.com.my/our-stores.html

Go here and look at all the family Mart stores in Johor. All family Mart in malls? Wow so many malls? Incredible! Jb is an incredible city. 50 stores and ALL in malls?

So many lies, just like 74 million in net profit ( 400 million in operating cash flow) can suddenly become 2 million. So funny you don't even know what investing is. When there is demand, we grow

Target for ql is 300 stores by 2024. So far now already 200+ far beyond target. All are profitable and huge revenue. With 200+ million in revenue expected from each store, netx can only DREAM of such growth. Profitable growth? Of course when you have scale and volume, deliveries can be more economic and wide reaching.

Too bad Calvin tan still holding talamt and kps down to 3 cents and 40 cents.

May be you should change your name to penny pincher Calvin.

The only reason it cannot go lower is because any lower and no more value.

Ql 13 billion in value. WOW! I kept from 1 billion market cap to 10 billion cap ( when Calvin start saying overvalue) too 13 billion market cap.

Please, the only investment skill you have is buying penny stocks and making your WhatsApp group push it up.

I wouldn't be surprised if SC goes after you for your WhatsApp group activities on i3, sharetisfy and your blog forum.

Good luck.

Oh really? What is the rental? How you know business down by 50%?

You sit down theere and count every person eating at family Mart?

Good! Well done!

How many family Mart food did you eat while waiting!

Thanks for being a good customer.

Just like NETX, you don't have any of the real figure but simply assume.

No contract for nfcp but you say got in February good news, now turn into October.

Now already change ministers, if nfcp cancelled then what can NETX fall back on?

Gemspot? Payallz?

Nothing except your pump and dump activity.

If you were based on Malaysia and not in Singapore you would have known the majority concentration of family Mart stores. And if you were really interested in studying the business prospects of family Mart, you can just go to the internet and find out the store locations, and you will see where there 200 stores are versus your vague understanding of opening in high price shopping malls. It opened it's 100th store right in the middle of jongker street in an old building. Long queues ( as per my holiday report). It opens in colleges, near business districts ( healthy clean cheap food for office workers). And if you look at the numbers from latest maxincom reports, you will notice they are pulling almost 14k daily sales, 30% more than mynews and 7-11, using ql agrofood products for higher margin.

Your investment in kps, talamt ( still holding at 3 cent? After you bought at 5.5 cents as per your i3 part
Post) , promotion of netx so heavily but no one buy? ( After you pump and dump at 1.5 cent but and promote) now 2 cent push up no one interested to help you push further?

Piling debt? Good debt used to grow business is good. Berkshire no debt?

Please elaborate on your investment in NETX. You buy based on hope for a company with 17staff, 33k revenue a quarter, 10 years losing money, constantly raising private placements and esos and no dividend?

Good! Tell us more what to buy?

I'll be sure to avoid.

Lhi can't grow it's business, such at 1.5 billion in revenue. Earnings drop from 90 million to 30 million. Ql taking market share. In Indonesia, in Philippines, in Vietnam, in Malaysia.

Layhong 210 million in revenue, only 2 million in earnings.

Teoseng, so small so nimble, 136m/13m. But business shrinking, losing market share.

Cut throat industry? Very much so.

But why can you explain ql continues to perform so well, dominate so much.

Even in the worse of times during the covid I can guarantee ql will make money.

Now that I have brought companies like ql to your attention, do you know why I am so happy and sleep so well? Yes I did not buy the bulk of my ql shares in 2019, I bought it all in 2009-2010, and incrementally added every quarter.

Last year is special pe50. I sold a bit at pe60 to top up on yinson and start a position in serba.

But my main core holding of my own is always ql.

My target remains the same. 15% ROE, 8 billion in revenue, 400 million in earnings withing the next 4 years.

Those who were in with me 2 years ago and bought at Christmas 2018 at 6.25, you held on dispite all those comments. You are making 20+% any enjoying growing dividends for a pe50 stock.

As the performance continues to high record highs in revenue, earnings and assets.

Your investing life would be much better off if you replaced the word stocks with business. Then you will stop looking at selling your business every week take profit, and look okay the longer term of things.

https://youtu.be/JvEas_zZ4fM

Sell QL? Buy your NETX? At least in this thread we don't need to worry about frauds like you. Wire whatever you want. Here the long term holders ( at least those who do hold ql stock) don't need to complain or talk so much rubbish. We sleep well at night. No one needs to delete your messages unlike in your pump and dump NETX.

The fact remains: even more all time high revenue. 1.1 billion. All time high PBT, 97 million ( soon to reach my expectations of 400 million net profit a years, 3 years ahead of schedule).

What 76 million, 2 million boolshit? I've seen your fake accounting before, and when it falls you just make up stories.

From pe60, with good results it becomes pe50. Do you think you will ever buy a wonderful company like QL for a cheap price?

Try again.

Post removed.Why?

So now how. Your cock not sure anymore?

If not sure anymore then fxxk off la.