Philip ( buy what you understand)

sleepywolf | Joined since 2017-11-22

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Watchlist

2022-09-06 10:24 | Report Abuse

I'm surprised your surprised. I've owned public Bank shares for a long time and I've never been to a single AGM.

>>>>>
Maxpowar

I’m surprised that someone who claims to be holding “5.5 mil” of shares did not attend their AGM but instead relied on someone else for “notes”.

15 hours ago

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2022-09-05 16:14 | Report Abuse

Harta has already said they are not doing unprofitable business and are still selling at profit making ASP levels of 26-28 USD compared to intco and bluesail loss making 22-25. Let China burn cash all they want, harta has already said their strategy is sound, and they have more customers today than before pandemic who are giving them business. Let's wait and see over time if buying at 1.6 is a good idea

>>>>>>
value_seeker

Low will become lower if market is guessing on the time needed to reach glove equilibrium. We need to know the net cash, cash burning rate, competitors' expansion and market demands. Break the barrier of RM1?

2 hours ago

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2022-11-20 09:52 | Report Abuse

Better, I have the full notes sharing and discussion, q&a and slides from both intco and harta. It's in my group shared by the analysts you guys were laughing at.
>>>>>>

Maxpowar

Did you attend their AGM?

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2022-09-05 12:18 | Report Abuse

Knowing what you know, you should know that harta invented nitrile gloves, double former machines, auto striping machinery, and many of the modern innovation used in modern glove industry today. In fact, they have already decided to stop the old machines which are product 8k and 30k gloves per hour and upgrade them to new machines which are producing 50k+ gloves per hour to improve efficiency. I don't know about the rest, but hartalega so called slave labor is very very small part of their operations.

But you know better la, Kan?
>>>>>>
Philip has not visited China factories with super duper automations , ai, robotic.....neither have I.....but I can imagine knowing what I know.....

Watchlist

2022-08-30 18:51 | Report Abuse

For those who are not around investing in 2009 when I first bought topglove during the craze. Here is a historical chronology.

https://www.theedgemarkets.com/article/glovemakers-soar-h1n1-threat
2009 - outbreak
https://www.theedgemarkets.com/article/flu-pandemic-amresearch-maintains-buy-top-glove-kossan

2010 - downgrade
https://klse.i3investor.com/web/blog/detail/bursa99/2010-09-21-story-h1568997-OSK_Research_downgrades_glove_sector_to_Neutral

Big drop in 2011
https://www.thestar.com.my/business/business-news/2011/09/13/glove-makers-share-prices-drop

So you see. The same stories repeat over and over by the same analysts of fear and greed. Imagine if I had listened, bought in 2009, made money, lost money in 2011 sold and walked away forever. I would have lost that 10x gain over the decade.

So the answer is still the same: BUY what you understand. And start with trying to figure out how the business will work out over the next ten years and how much you are paying for it.

Watchlist

2022-08-28 17:21 | Report Abuse

Yes and there is reason why I don't invest in those companies, including insas etc which seem very very undervalued. Because if you look at my portfolio, you will quickly notice that almost all of those companies produce locally ( in the ever dropping myr), but sells internationally ( in USD).

That is the very basis of growth companies in bursa. The ability to compete internationally.

Yinson is 85% international business in USD.
QL exports frozen fish and surimi and palm oil overseas.
Pchem fertilizer and chemicals feed the entire south east Asia region, the fastest growing population today.
Hartalega invented nitrile gloves.

So you see the big difference between orient and hai-o is a very simple question. Are they competitive internationally? Orient sells Honda brand bikes. Hai-o is repackaging and selling overpriced Chinese goods.

So no, I never forgot about forward projection of business outlook at all. In fact, it is the first thing I look for ( TAM).

Glove industry outlook is now exactly what is reflected by the market. But how is the price today reflective of what will happen 3 years from now?

>>>>>>>
Maxpowar

@philip You can look at it from that valuation point of view, taking into account its cash and other assets per share etc, but you forget stock

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2022-08-30 18:18 | Report Abuse

Possible? Anything is possible. Probable? Highly unlikely. And why is that so? Hartalega net assets is 1.49. meaning at that price you are buying purely the business. And from that roughly 50 cents is cash. Meaning if harta drop to 50 cents, you can do a Manchester united glazer and LBO your way into using the cash in the company to pay all the shareholders and still keep the business assets. Do you think that is likely? It has happened before, but the 50% owner is not going to take that lying down.

>>>>>>>
Philip do u expert price of Harta to drop another 70% fm the current RM1.60 to Rm0.50 in near future?

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2022-08-29 10:14 | Report Abuse

And this is when you realize that the more you feed the trolls, the crazier they become.

Eat sleep provide sex guy?

You are just embarrassing yourself now.

Walking away in disgust and embarrassment. And to think that I once thought i3lurker coming to an investment forum was at least logical.

Shemale stores?

Ok child. Have fun.

Watchlist

2022-08-30 08:22 | Report Abuse

You mean will more people have disposable income to eat at family mart?

Yes

>>>>>>>>
Sslee

Malaysia increased the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit to 1,500 ringgit will this eat into profit of family mart next quaryer?

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2022-08-29 09:27 | Report Abuse

QL all time quarterly revenue of 1.5 billion and all time quarterly earnings. Straight line revenue growth even through pandemic. Just a visit at the 2 family mart stores in klia2 and you would know the future of QL

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2022-08-29 17:35 | Report Abuse

So says the kid that asked me to give him some confidence on owning QL. Are you 6?

>>>>>>>

Maxpowar Old eunuch, just FYI, I can troll, I can pull your legs. But I sure know what I'm doing, so I don't make claims about you without a protracted period of observation in the way you interact with others.
29/08/2022 5:18 PM

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2022-08-29 17:33 | Report Abuse

Wow I never knew you sold tguan for RM4.50 per share. Amazing. this is why I always say you are nonsense, tell people off for selling at 3, but suddenly can earn 50% for holding 6 months. Wow! Amazing.

now you understand why we need a portfolio maintained? I3 gave such a wonderful tool for you to check the bullshyte nonsense at the door and stick to the truth.

But truth will always elude you if you are not honest with yourself.

But sure, you can sell tguan at RM4.50 (when you said you bought at 2.97, tell me I am wrong).

Liars will be liars.

>>>>>>>
@old eunuch philip why do you keep bringing up tguan? just scroll up you'll see I earned a almost 50% for holding 6 months. Not because I'm brilliant, but I know to take profit and not bag holding like you. Hypocrite like you like to talk about watching the paint dry, but the bigger problem is you don't know when the paint has dried, so you wait until rain pours and there goes your waiting..down the drain..so you keep waiting and waiting again in the name of having long term investing horizon. What a shame.
29/08/2022 4:10 PM

Watchlist

2022-08-30 15:27 | Report Abuse

As you already know by now, I always buy with a 5-10 year outlook on the long term viability of the business. Kid max say 6 years, harta say 2 years. I say harta is still flush with cash, still profitable, no chance of bankruptcy on the horizon. So my expectation of investment of 3 years is more than enough to wait, as I am enjoying dividends every quarter anyway. The question to ask is 3 years from now do you you can still buy harta at 1.6?

Meanwhile tguan kid kid scolding people for selling tguan at 3.

You must be new to investing world

>>>>>>
CharlesT

How long do u think this down cycle of glove will last?

JP Morgan's bullshit forecast is ard 6 years

The Kuans of Harta said it may take 2 years

What say U Philip?

Watchlist

2022-08-29 18:10 | Report Abuse

Exactly. The point is transparency. Do you know how many people are transparent on i3. Even kyy that you criticize so much is not as transparent
>>>>>>

CharlesT

Do u realize that u are the only one to show yr so called real portfolio in I3?

Do u know why?

Watchlist

2022-08-29 18:36 | Report Abuse

Yes, time to get off your butt and actually get a girlfriend young man. Robert kuok did it, li ka shing did it, even tg boss did it. Don't wait too long to get a wife, not healthy.

>>>>>>
CharlesT

Philip is also very lucky to marry a rich man's daughter

Watchlist

2022-08-29 08:10 | Report Abuse

No need to imagine. This competitive advantage is the reason why I bought pchem in the first place versus buying luxchem or lctitan. This moat has been there since day one, and will continue to be there as 50% ownership of pchem belongs to Petronas. So why fight but just enjoy the ride and benefit?

As for complaining, China is giving a 7% subsidy to China gloves makers due to the requirement of critical industries healthcare to fight COVID. This is the main reason why glove makers are so competitive versus harta and tg in pricing, selling below cost in many ways. Do we complain to WTO, it would be pointless. The fact is, despite throwing price, China gloves are still unpopular in Western countries and USA still prefers harta nitrile gloves.

Time will only tell if those glove companies can continue to operate at a loss( they have already cancelled expansion plans) moving forward when things stabilise, harta superior quality, lower defective rate( best in the industry) and superior management will show true over time. Why not? They have been the best qa/qc for the last 20 years, and I don't see this moat changing.
>>>>>>>>
Sslee

Pchem is lucky to have a very rich parent in Petronas.
Imagine if Pchem had to pay a market price for it raw mat (NG) what will be Pchem profit?

Watchlist

2022-08-01 17:46 | Report Abuse

Yes, no brainers indeed. Which is why I maintain my portfolio here so people can actually see how to put no brainers to practise. Easy to talk, harder to do right? Which is why in my portfolio selection the is date, volume, percentage of portfolio, to show what I talk about and what I do is the same.

How about you tguan boy? Telling people on tguan group to buy and if they sell they are brainless and don't know anything about investing.

If anything that is one thing I have never done on this group, telling people what to buy and when to sell and to buy my subscription package, unlike you.

So? Still waiting on your recommendation on tguan. Long time no more comment, ever since you started losing money on it.

Watchlist

2022-08-28 23:55 | Report Abuse

Max, do tell on your tguan position and how confident you are.

Watchlist

2022-08-28 23:15 | Report Abuse

Once you are done suckling balls on kcchongz let's get back to the truth.

How do you still look at tguan when your stock is down. From your price of rm3, now the stock is down to 2.6. are you still holding? Are you still buying? What percentage of your portfolio is tguan? Are you full of conviction? 10%?25%?50%? All in? Do share.

Let's put you on the hot seat for once. What stocks do you actually hold?

>>>>>>
Maxpowar

It’s no wonder kcchongz is able to garner more respect, investment aside, he has class and knows when to shut his mouth. Unlike you, what have you got? A big fat mouth full of lies, and a sky high ego which no one appreciates.

6 minutes ago

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2022-08-28 23:10 | Report Abuse

Always learn to understand risk to reward scenarios. Not in terms of fundamentals and annual reports which is a snapshot of what happens before. But the business itself in terms of execution risk, the competitors and rivals growth etc

Watchlist

2022-09-03 14:45 | Report Abuse

For those that actually care to look at how I construct my portfolio and how I buy, I follow the munger prabai style.

1. Identify growth stocks with excellence that one would feel comfortable owning for the next 10 years.
2. Pay a fair price for it. Don't need to wait for absolute bottom.
3. Concentrated buying. Keep a small portfolio of stocks that you understand well and have excellent management and good long term roe.
4. Bet big. My main stocks are 45% concentrated on one main stock ( pchem) with the highest return at lowest risk ( and yes family money inside so risk has to be absolutely manageable with high upside, 3 at 15% with higher risk but higher reward opportunity, and smaller percentage on far higher risk with higher rewards ( serba, kpower,scib, skp). The trick is to always understand the business risk versus the growth of returns possible.

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2022-08-28 16:57 | Report Abuse

For those that care to learn things, the real advantage of this portfolio is not to show off or brag, but it is simply a historical accounts of what happened when things are bad, how people respond, what they say and what happens later.

Take for example this comment in 2020 may when pchem was selling at 4.45, and people were bashing it and analysts were predicting value at 3.25.

how does one actually have conviction to buy low and sell high?

That is the major question that everyone wants to learn but no one answers.

How did pchem become 50% of my portfolio?

Why am I buying hartalega in bulk now at 1.65?

Whether or not the results will show is very simple. If you look carefully, it took 3 years for my investment in pchem to come back, with huge drops in between. Instead of walking away, I added more over time.

Same thing with harta. I started at 6, and now buying more at 1.65.

As of now bar a crystal ball, no one will know if I made a good decision or bad decision in buying so much of hartalega.

But what I can say is this: come back in 3 years ( where my time horizon is 5-10) and see if I was right on hartalega or not.

>>>>>>>>
Posted by Sslee > 2020-05-20 20:37 | Report Abuse

I3lurker,
I cash out my Pchem after reading this Q1 result. So tonight still got Bintang Beer and lobster.

For its olefins and derivatives segment, PetChem maintained a plant utilisation rate of 100%, which it said resulted in higher production and sales volume.
However, the average product prices for the segment declined following the decrease in crude oil prices and softer demand. Revenue sank 13% to RM2.4 billion from RM2.75 billion in 1QFY19.
The segment recorded a loss after tax of RM17 million, largely due to lower earnings before interest, taxes, depreciation and amortisation (Ebitda) and net share of losses from associates.

On the fertilisers and methanol front, the group's plant utilisation rate stood at 90% compared with 92% in 1QFY19. This was mainly due to a higher level of planned maintenance activities, resulting in lower production.
"However, we were able to maintain the sales volume," it said, adding that average product prices for the segment were lower due to weaker demand coupled with ample supply.
Revenue for the segment decreased 8% to RM1.26 billion from RM1.37 billion, primarily attributed to the decline in product prices. Ebitda increased by RM5 million or 1% to RM592 million following lower operating expenditure. However, profit after tax was comparable, the group said

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2022-08-28 22:01 | Report Abuse

If there is no accountability then why don't you just just grow up and start one? At the very least we can see just how much is you position size in supermax ql and your tguan that you just follow blindly without even understanding what you have bought.

Let's just see you try to receive the same criticism that you are trying to place on others.

But looks like kids will only talk big.

When it comes time to show up, they hide and run away and give excuses.

The difference between adults and children is in how they approach problems.

I choose to display a trackable portfolio publicly not for you but for the many others who actually care about the process more than the results. And the only way to know the process is to see how people reply when the chips are down.

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2022-08-28 20:17 | Report Abuse

When push comes to shove, kids will never show up.

They only like to talk and hide behind computer screen, but when you ask them to start maintaining their results on buying tguan and their portfolio, they just talk nonsense and hide behind expletives.

Can't expect more, when you ask them they say why want to show? Simply put. They have nothing, so everything is fake to them.


>>>>>>>>>>

probability

Just record all your buy and sell transaction on your blog and compare for a year on the % return...apa macam?

others also can join

4 hours ago

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2022-08-28 18:09 | Report Abuse

Those who can, do.
Those who can't, teach.
Those who don't know how to teach, talk far too much on forums and acting like trolls who who know more than they do.

Watchlist

2022-09-05 13:46 | Report Abuse

Still haven't figured out?
Pchem 4th January 2019, 8.18. price today 8.69. dividends 1.07, my ROI unrealized+ dividends - 19%
Pb 4th January 2019, price 24.5. price today 23.15. dividends received 1.62. ROI realized + dividends - 3% return

Do you want me to teach you how to count? But if you think holding PB is a far better choice for you then I really have nothing to say

>>>>>>
CharlesT

Swapping PB Bank with Pchen in 2019

Which one gives higher return now??

3 hours ago

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2022-08-05 16:19 | Report Abuse

Only know how to talk but still don't know how to calculate? Have you figured out my pchem Vs harta is it loss opportunity cost or gain?

>>>>>>
CharlesT

Philip is a very successful long term investor for sure....

Not fm stock mkt lah....

3 hours ago

Watchlist

2022-08-28 11:06 | Report Abuse

Are you asking or calculating? You can easily take a look at when my initial purchase of pchem started, 8.18 in 2019 January and compare the price today and the dividends receive.

Or better yet, since you have trouble calculating, why not ask your in law to help? Here let me do you one better. In that time period 4th January, I started with 8.18, I received 1.07 in dividends until today ( not including the 25 cent coming next month), and the share price is 8.69.

Why don't you do some simple math and tell me how much you would have gotten from investing in pb during that same period?

>>>>>>>

CharlesT

Swapping PB Bank with Pchen in 2019

Which one gives higher return now??

15 minutes ago

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2022-08-28 10:39 | Report Abuse

If you hold your stock long enough you will notice when people are speculating on it. If you look at my transaction group for pchem and QL, you will notice when people were over speculating, and those were the times when I sold for small profit to pay for my rotary charities, my margin reduction and funds to pay for other things.

Yes for insas and bplant one of the hardest things is to analyze what is fair value for you to sell and what is speculative value. It is just so hard to quantify for insas.

For me take for example insas. The main method for them to make money is by investing in new business ( vigcash, inari, roset, dome coffee, etc etc) pump it with money and make it grow and list and sell the shares. The others like brokerage business is ok but is nothing special and will not grow much. However the biggest question mark has always been consistency. For insas to reach higher, they have to be able to consistently show the ability to find the next inari. And since we cannot definitively know how consistently this will happen, that is the main reason why price is stagnant for such a long time. That is why it becomes so hard for investors to find fair value for insas and most decide to step away. I would much rather invest in a business with consistent growing boring returns year after year, much easier to calculate fair value.

>>>>>>>
Sslee

I regret no selling my Insas and Bplant when it was RM 1.20.
If I had sold then, I would have capital to buy back later and hold more Insas and Bplant share by now. My mistakes and I learn from my mistakes and move on.

56 seconds ago

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2022-08-28 10:06 | Report Abuse

This one I agree 100%, something which kids like max will never understand. He always thinks stocks should only go up and up and up, and if not going up it is not performing.

But that is not how businesses work.

>>>>>>>>
stockraider

Petchem business is cyclical mah....u pick the business when it is cheap & not chase when it is high or fairly value loh!

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2022-08-28 09:58 | Report Abuse

For me pchem fair value I feel is rm12. At 8.50 I am still looking to pick up more of I have money.

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2022-08-28 09:52 | Report Abuse

So sad, it seems you don't read at all. He has already posted his portfolio since 2015 kid. I know him far far better than you think. Just like I know that EPF is having better results than your own portfolio, otherwise you wouldn't be here talking so much nonsense and looking forward to a 5% return on your portfolio. Looking at the way you talk, you portfolio must be down by a lot.

Here is a stock tip for you to give you some confidence.

Please sell all your stocks and top up your EPF contribution. At least EPF with their fixed income assets is still giving much better returns than your "active" gambling and your funny concepts in tguan and other sticks

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2 months ago | Report Abuse

Talk about contradiction. When you admit that it is tracked, then you say my results are not good. I never said my results are good, but I'm just saying that this are my results based on my investment philosophy ( 20% CAGR, returns to date over 3.5 years 48%). Whether or not you believe it to be real or fake is totally up to you, but even if you don't believe it, the performance on paper is real by i3 recorded standards. Are you upset that my results are so much better than your over the same period and you cannot understand why? Transactions are all there in writing. I can't really help you if you don't know how to read. More importantly, you are definitely upset that your results over the last 4 years are poor and negative? Then get over it and learn.

FYI if you actually took the time to look at kcchongz portfolio results over the same period, his total returns was less than sp500, around 6% before fees. If you want that kind of returns, totally up to you. I personally prefer putting my money in EPF then whose results are net net at least

>>>>>>
Maxpowar

Having it tracked doesn’t make you any better as an investor, nor does it make it real when it’s not.

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2022-08-10 15:10 | Report Abuse

Ok troll. Whatever you say. Time to go back to your tguan instead ok?

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2022-08-11 11:20 | Report Abuse

And yet as you will know there are 1400+ people on my telegram group sharing information and discussion on stocks without the level of vitriol which kids like you have shown. I have tons of credibility. I wonder how many people would join a chat group that you have created? Let's face it, the only reason why you are talking so much here is because you have no one else to talk to that cares. Once I stop replying, you will have nothing else in life to turn to. In that case let me do my social duty and let you ramble on.

>>>>>
Maxpowar

Whatever stories you make, you’ve lost a tonne of credibility as people start to realize you contradict yourself a lot.

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2022-08-11 12:24 | Report Abuse

More importantly looked at my comments. When I buy, I comment. When I sell, I also comment. With date and time. You teach me how to edit your comments on i3? As far as I know, you can only delete or post new comments. But as you know very well, your time stamp changes.

That one there is called CREDIBILITY.

Kind of like you posting your purchases into QL, supermax and tguan at all time high and laughing at those who don't agree with you buying at ath and being insulting and disrespectful when you are losing money.

Why don't you read a little bit more before putting your money to work.

Judging by your comments and your investments and purchase prices, you obviously need to spend more time reading than you do buying

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2022-08-28 08:41 | Report Abuse

Did your parents drop you as a child? You realize that the portfolio created publicly and tracked on i3 cannot be deleted? Why don't you try. And in fact this portfolio had been around since 2019, and everyone has access to it and many even in my group use it to see what I have bought and sold, with dates and volume. Are you somehow brain damaged enough to think that I created this portfolio yesterday? The dates have been keyed in since 2019. Volumes and profit and losses as well.

Which is why you know exactly how much I lost on serba, and yet you seem to conveniently forget how much I make on kpower, scib, topglove and pchem.

Ok up to you kid. Go back to your tguan and tell everyone to keep holding and buying more etc etc.

Sheep will always be sheep. Can lead them to water, but cannot force then to drink.
>>>>>>>

24 minutes ago


Maxpowar

talk is cheap, anyone can create a portfolio and claim anything under the sky they want.

tom may say he bought dutchlady when it was at rm2

dick may say he bought nestle when it was at rm5

harry may say he bought vitrox when it was rm1

where's the credibility?

20 minutes ago

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2022-08-28 08:37 | Report Abuse

You must be really really new to this investing world. You can ask sslee, when he questioned me on this in 2019, and I posted a screenshot and shared my account details on group, he could see my exact holdings on Maybank brokerage. You can check with him

Who are you again?


>>>>>>>
Maxpowar

I've said it before and I'll say it again.

You got balls then put your profile picture up and don't hide behind the grit. Don't even demand others doing the same because it's you who post a fake(until proven otherwise) portfolio.

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2022-08-28 07:54 | Report Abuse

Thanks for sharing John. I added 100k shares of pchem @8.50 recently as well.

But as usual, this is my take on it. The time to buy pchem is not when the good news is piling in and pchem making 8 billion in net profit every year and valued at 70 billion. It was buying pchem when it was selling at 4+ and valued at 35 billion and making 1.7 billion a year. I bought 2 million shares below rm 5 when oil and gas was not popular ( selling at 20+ per barrel), and everyone laughed and I made it 50% of my portfolio.

And now I am getting 50 cents in dividend every year, 3 years later, despite my starting point at rm8.18 cents back in 2019.

>>>>>>>
Johnzhang


This is a piece of good news for Pchem. Pchem owns 3 Urea plants with total capacity over 2 mil mt per year .

https://newswav.com/A2208_QT2cbf?s=A_lfAwhdg

50 minutes ago

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2022-08-28 07:42 | Report Abuse

But yes, you look at my portfolio you will see I am not adding more to my QL ( but thanks to bonus shares, my ownership and dividends increases year after year.

Instead you see me piling money into my new long term growth investments, my yinson( which I bought into the rights issue), my pchem ( which I margin into), and my hartalega ( which I also margin into). And yes I sold topglove when it was definitely becoming overpriced, loss money on serba dinamik. Traded some stocks well (star, inno, pharmaniaga, choobee, kpower, scib), others not so well( hiaptek, etc etc).

EVERYTHING IS TRACKED.

More importantly, I realized kids who don't practice second level thinking and do not ask the question, why did you sell ql and these other stocks, why are you buying these stocks instead, but are not interested to criticize kind a 7 year old child who do not even bother reading a portfolio transaction group ( which i3 has already provided for breakdown), I feel truly sad for you.

Like sslee says, learn from my mistake and move on. Learn from my successes and improve on them.

No one said I was perfect and you do not see me going into those stock channels and telling people to buy stock at what price and hold. You see me saying none of those things. All I am doing is sharing what I bought, how much I bought and why I bought them, and also more importantly when I sell them

Something no one not even kyy or otb or jcchonz or whoerever is doing.

I am literally showing you long term investing live for free. And yet you still criticize and tell me to close the portfolio.

I am simply giving back to the community what I have learned for free, instead of charging money for it like so many others. Your job is to analyze and study, not to copy blindly and ask me to hold your hand and tell you what is right or wrong.

Have you ever wondered how different the world would be if Edward Jenner started patenting and charging money for his discovery?

Throwing pearls before swine indeed.

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2022-08-28 07:16 | Report Abuse

Unlike those sifus who tell you to buy buy but don't reveal how much they bought, what their conviction level is, and how much of their portfolio they own, I reveal exactly how much in my portfolio, how much I buy, and when I sell them. Like I said many times, QL is my legacy stock, like Coke is Berkshire legacy stock. Warren references coke ALL THE TIME, as it defines his investing methodology, he gains tons of dividends from it, and his share price has increased higher and higher over the decades. HOWEVER, what you do not see is that despite Warren's love of cola, his ownership of it did not go over the 10% mark or 400 million shares. Why? Because he is buys low, sells high or just enjoys the dividend. And more importantly he asks the question: sell and buy what?

QL for me has been the stalwart of my portfolio. For the last 3.5 years the prices have remained steady even during the huge drop in march 2020. That is QL value to me and coke value to Berkshire. A steady source of income that is growing but remains rock solid and impenetrable. That is why I reference my investment in QL so much, it is my seed which grew my entire portfolio

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2022-08-28 07:21 | Report Abuse

And then he looks to me to try to give him peace of mind in buying QL. Who am I? Your father? If you really want to, you should just look at me portfolio on my QL purchases, which is the most accurate way of looking at how I invest:

FYI, when you asked me in December to give you confidence. You would have noticed that

A: yes I did not sell ALL of my shares in QL. And B, I did sell some when prices were speculated again when some trader decided that the price will go higher if QL included in the index. You bought. I sold. But more importantly, by not doing anything, I received 500k bonus shares for not doing anything at all. And if you look closely, I'm still not selling my shares, I'm still enjoying my dividend ( over my original cost paid which was around 500k which I paid since 2009, with bonus shares and dividends reinvested. But yes, I did not buy any new shares, but received bonus issue in 2008 (1 for 2), 2010 ( 1 for 5), I topped up 300k during the rights issue for expansion in 2014,(3 for 10 bonus issue as well), 2017 (3 for 10 bonus issue), and obviously the latest 1 for 2 bonus issue.

And so my dividend yield becomes getting 57k every year for my investment of 600k in total over the years. Meaning I am getting 9.5% dividend from QL every year.

No offense, but you sound really REALLY REALLY NEW to the investing world.



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Posted by Maxpowar > 2020-12-11 13:27 | Report Abuse

@Philip
Fellow QL shareholders need some confidence boost from you as you know the company well enough to justify its high PE ratio. (Yes,it’s been mentioned MANY times) but like your physical meal, it doesn’t harm to hear from positive justification thrice a day,especially from experienced investor like you.

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2022-08-28 06:51 | Report Abuse

First he insults others on tguan and teaches others to hold on and repeat buying at high ( he bought at rm3) and insults those who sell. Why? Because it makes him feel small and insecure that he is doing the wrong thing by parking his funds in the wrong place and needs some form of conviction. You see she has very little conviction in stock market or buying stocks at all.
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by Maxpowar > 2020-11-25 11:16 | Report Abuse

@night everybody has their own way of investing,for me I’m buying a fraction of a company’s business,have 0 intention of jumping in and out,if anyone would so like to so called buy low and sell high go ahead,but it’s futile comparing different investing principles. Let’s be real,no one can “read the market movement”,market price movement is heavily influenced by sentiments and in a short term,quoting Peter Lynch,is only a random walk,very often the share price has no direct correlation with the fundamentals of the company business, as seen in tguan now. No offense,but you sound really new to the investing world.

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2022-08-28 06:48 | Report Abuse

I've been doing some research on manpower, realized he really is a kid. Ok I will refrain from responding to him in future as he has no idea how to invest at all...

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2022-08-27 19:37 | Report Abuse

In fact, the only place I do leave my comments now is my own portfolio page. Which you are disrupting. So go back to your cave, little troll.

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2 months ago | Report Abuse

What do you mean shove? I don't go into those stock discussion channels and start posting my own ideas unlike you. Embarrassing indeed.

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2022-08-27 19:36 | Report Abuse

Ok, let's follow you into buying thong guan instead eh?

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2022-08-27 17:31 | Report Abuse


The only thing documented is you bashing on EVERY stock, and the only stock you promoted which was gdex was doing very badly after your heavy promotion.
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i3lurker

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