this is beneath you.

GKENT is paying me 6% a year to hold the stock, so hold it I will.

I would also like to put my KYY disclaimer here, I dont need anyone to buy this stock to push the price up for me. The stock is horrible, no one is even thinking of buying this stock (so much the better for me). I am not looking for a trading price for me to sell, but a long term increase in earnings to pay a good dividend and share buybacks that will reward long term shareholders automatically. My preferable holding period is forever, but I will monitor closely every quarter to decide if the business fundamentals have changed and I need to drop the stock in a hurry.

I don't need to be like you, for many years I also never go and promote QL. Even now I also don't promote QL, I just prefer to teach new investors in how to look at and value companies. I don't need to be like you go promote sapnrg at every thread then say it is making a big profit this quarter, not realizing sape just sold 50% of its money making upstream business to Austrian omv for cheap cheap price. So once it sells away all its good business just to reduce debt ( still got many billions to go), then what story?

QL worth more than SAPE got reason. The reason is because it didn't have stupid management and droid shareholders like stoneraider.

Never underestimate the quality of his management.

FYI, no need to over promote la, you thinks stocks like playing computer games? Its like watching paint dry. Too much action, will definitely lose money.

Isn't CalvinT the one who cherry pick results? Why not stick to your multiple calls on talamt since 2017 onwards? You have so many cherries bring picked no one knows which you make money which one you lose money, but in the end we all know you have average results across the board. Everyone knows you don't make money from stocks, so why bother?

I think qqq3 got his estimated intrinsic value for SAPNRG slightly wrong. But the questions he raised are still valid.

But he is incorrect in underestimating the core value! SAPNRG will be 70 billion dollar company in 3 years and 3 months!

Rm3 here we go!

* Brainwashed by too much stoneraider

Yes more dilution of shares, they " borrow" additional 18.9 million from outside to try to improve business prospects, to do what leh?

Partially finance the balance construction cost of the Seroja Apartments project*1
Within 6 months from completion 2,500,000

Partial repayment of borrowings*2 Within 3 months from completion
2,641,000

General working capital*3 Within 6 months from completion
13,738,0

Estimated expenses*4 Upon completion Total 18,979,000

Keep borrowing money from public keep diluting public shareholding by more than 10%, keep wasting your investment future. This is what so called honest "Christian" Calvin is asking you to do. Invest in companies with management's like this.

He say don't invest in overvalued companies with increasing earnings, high share growth and good revenues increasing year after year like QL.

Instead he promotes to you companies that keep borrowing money, keep losing money, keep diluting shares, keep getting into trouble like talam, karambunai and protasco.

I wonder how he sleeps at night, knowing he caused another suicide, people who sailang and put all their money into sifu Calvin recommendation and losing all their money.

But cannot blame sifu CalvinT. He also put a lot of money into talamt at 8 cents, and needs someone to help him unload higher so he can enjoy his trip to Australia at your expense.

I would have to say investors in 1974 and 2018 are very much different. The acreage pe for s&p 500 companies was around 11.68. today people are willing to pay 24.97 for the s&p 500 companies in 2018.

In 1974, you had to be a shareholder to receive the annual report by mail or had access to a moodys manual or Priceline. Today, stock screeners are free and easy to use for the general public.

I would say the pickings are much easier back then and a lot of simple investment metrics are easier to take advantage of.

Today, just relying on one metric to analyze stocks is more than likely to get you killed in the market.

So nice, now kbunai 8 cents, you have out sell call? When is this 6 cents and 12 cents, got any timeline? You buy when you sell when? Or just use numbers simply look and say so smart? Like that I also can.

How much did you buy? Hold for 3 years 6 cents to 8 cents? Or got buy sell buy sell buy sell crystal ball?

Calvin tan pro trader la, got shell whisper stock trades in his ears, every day make money....

How come not billionaire?

How to remember CalvinT when he invest 5% in 50 stocks?

>>>>>

Same in kbunai when Calvin called for a buy at 6 sen

Kbunai dropped 1/2 sen to 5.5 sen and many cry father cry mother cry baby

AND called Calvin names?

Then kbunai kabooooom to 12 sen

Wahaha!!

All forgot about Calvin

This was sifu CalvinT advice. Is now 2019 from 0.04 cents to..... 0.04 cents. In 2 years

>>>>>>

Posted by calvintaneng > Jun 30, 2017 1:58 PM | Report Abuse

Just buy some. Hold it tight tight for 1 year then SEE.

TalamT should beat FD rate anytime.

So hard sell, impressive. Almost as good as stoneraider drown out every voice and post all the thread. But fact remains long term, Calvin only post buy, never tell you when to sell. You can see yourself when was the last time Calvin promote talam and how deep underwater he became on lousy stocks. Good luck Calvin, may God judge your acts in heaven, and see you for what you really are.

Moneykj,

Please use my full portfolio and returns (as in real life) for your comparison.

https://klse.i3investor.com/blogs/phillipinvesting/197011.jsp

I have volume, returns, and complete long term results to compare.

I'm not like those who play play without any really money involved. I have long term results, and a long term portfolio returns.

>>>>>>>

Raiders bro,

I noticed this siliu Philips write so much denying others investing methods. I'm not Opensys shareholder but beh tahan with him. Talk is cheap. Show us your ability thru your results. Here's siliu Philips stock pick for 2019:

Blog: Stock Pick Contest Year 2019 {The contents is full. Pls submit only if you have the reserve seats}
Jan 1, 2019 1:23 AM | Report Abuse

Hi Mr tan,
My stock choices.

1. Ql -20%
2. TOPGLOV -20%
3. Yinson -20%
4. Hartalega -20%
5. AirAsia -20% - balance of value

Apologies for the name, I don't know how to change it. And also appreciate if I can join in your stock picking game.

Cheers

I want to see how good is he by end of the year.

The big question in ask this is finding costs, how much does it cost to dig up oil from the ground? Versus shale and oil rig?

If you don't know that, then random remarks from investors who are new to the oil and gas industry are just that - random.

I think using only one metric to value your investments is no brain indeed.

Let me introduce more metrics so you can value you opensys better.

1. Product sales breakdown and growth patterns.

2017 hardware sales of 57.6 million (6.7 million profit), service & software 38.3 million (16.6 million profit).

2018 hardware sales of 52.5 million (7.75 million profit), service and software 47.3 million ( 20.2 million profit).

What does this metric to you? The increase in sales is from the more higher margin servicing and maintenance of the existing machines and share upgrades which they charge 47 million for and a good profit. However you noticed lower manufacture and replacement of newer more expensive and better margin cash recycling machines. But more importantly, the sales of those machines are dropping, meaning banks like it, buy they don't really need it, so the refreshment cycle is put off while they prefer to pay more for maintaining older machines ( until they can move to a cashless payment model which is growing faster and faster as more people become connected to the internet). So is the business REALLY GROWING? How much would you pay if you knew that OPENSYS machine sales is going to slow down in the coming years? The services division can only exist if you have machines. No machines, no service. I prefer to pay all my bills online now via anaerobe. In fact, im typing my reply now via smartphone. I do my fund transfer online. Is more convenient. How do YOU do your payments these days?

2. Monopoly of market
Now we look at the market penetration, it is around 80% of Malaysia market. First thing you need to realize, the technology is leased with Japanese company OKI, meaning you cannot sell the systems overseas as there are distributors in other countries like Thailand, Cambodia, Philippines etc. So right now it fits the story where 50+ million a year is the 80% limit of replacement of new hardware locally every year. The most you can go up to is 70 million in the next few years in terms of yearly machine sales. This can be related via another metric, the market share size of the industry. I know this, you know this. How do you expect it to diversify its business units or grow its market in the future? CRM is already doing its best to help out the market. Can it open up the market more? I don't really think so.

3. Overall growth of business
For the stock to be a multibaggers selling 2x to 3x which is what you are proposing, the market has to grow into a 100-150 million a year machine upgrade and replacement industry. At 80% monopoly, do you think this is possible? If you are asking the share price to double or triple, you need solutions and services to double or triple. Opensys has grown very slow since 2014(45 million/5.5 np/ 2.2 div ), 2015(72 million/7.3/2.9), 2016(94.7 million/6/2.9), 2017(96.1 million/6.7/2.9), 2018(95.3 million/10/3.7), you can smell the 80% terminal growth limit here. Can they grow double or triple is revenue and earnings in the coming years? They have no competitors to take market share from, they already introduce their latest product CRM in 2016, banks are slowing down their growth of new branches in Malaysia. How else can they grow? Diversify into fintech? Software no need branch machine maintenance, no Brainer there.

4. Margin of error
This last part is also very critical. If you only look at PE and cash flow generation is good, but look deeper you will notice something very interesting. Their net assets while growing, is still very low. You are paying 100 million for a cash positive company that is worth 56 million but generates 7 million historical every year(2018 results not audited yet) Meaning if you bought the entire company, you would have overpaid by 44 million currently. Imagine if had to pay 200 million for this company (your target of 68 cents), you will have overpaid by today value around 150 million(15 years to get back the difference in goodwill based on 2018 10 million profits assuming terminal value). How do you think this company is undervalued? With a net asset value of 0.19 cents for a system which they didn't r&d themselves ( ask OKI if they can change the licensee), I don't see much undervalue there.

5. Microcap
Have you ever wondered why even with good profits, why is it still a microcap after 15 years of listing in the stock market? Very simple. Its a good business in a small market. No matter how well the company is run ( and OPENSYS is wonderful in running it's company), the market is just too small.

And that is how I look at your no brain investing. ( I still hope you do well with it! Kudos if you spotted it in 2012!). Good luck and God bless.

No that is just promotion. Stock manipulation is when you buy big amount at low price ( but controlled by SC 5% declaration limit alarms), create fake volume, sell small amounts at ever higher price to create new highs. Then when general public notice and start buying in, you dump it all on the unsuspecting public, crashing the stock. That is why you have road blocks like limit up and limit down to protect amateur investors.

But still, why you invest in penny stocks that can be easily manipulated in the first place?

And more importantly, why don't you look at major shareholders( top 30 distribution) when you buy stocks? Its all in the annual report for a reason.

No need listen to him, Calvin tan bought talam at 8 cents then drop down to 3 cents he stuck forever inside looking for new blood.

Stop paraphrasing old men to do your clickbaits!

You should at least get permission la.

In university plagiarism is considered a crime.

Yeah, just ignoring stoneraider from now on. He thinks PCHEM makes plastic forks and rubbish bins and polyesterene food packets. He also seems to think sapura will be rm3 or 70 billion in 3 years, not realizing that it is almost a certainty that sapura still needs a lot more money, and it will continue to sell more warrants, do not rights issues, and introduce more convertible bonds to raise cash, diluting his already filled share base.

He did not realize that PCHEM has never diluted it's share base dice IPO and continues to pay good dividends and high profits.

If only he bought PCHEM post IPO and drop to 4.7 when it first came out, he would be enjoying 38 cents dividend Or 8% consistently growing dividend every year, share price increase to rm9, and zero worries of letdown like his hengyuan, INSAS and sapura over 10 years.

But now trader suddenly want to be a long term investor, I worry for him.

Which is why I didn't buy the latest range Rover evoque instead. Why pay for an expensive car when you can buy a cheap one?

New car got lower interest rates. Old car/sports car/recon car high interest, high depreciation. Old car a lot of maintenance problems, many minor issues.

But in Sabah no choice, transportation is an issue, we can't function without a car unlike in KL.


>>>>>>>
Wah Unker Philip, you didn't each your daughter to never buy new car meh?? Depreciation like crazy leh new car !

Stoneraider, you really don't have a brain, so I'll just pity you instead. You like to take words without considering the context. When I am responding to someone, it is because I agree that companies producing plastic straws and, plastic bags and rubbish bags ( like you) have no future. There are many ways of making use of products like olefin and aromatics into highly usable products.

FYI samur does not produce plastics, it produced fertilizer ( urea).
Their other plants in kertih and upcoming PIC also produce many petrochemicals and aromatics that can be made into many many useful products for day use ( you really think PCHEM producing straws and plastic bags? Really).

It's people's like you when you spam other thread with your nonsense that you hurt the general public. Bringing them into investing in stupid stocks and useless future.

Can you stop polluting other thread and just start your own blog? I promise I won't read anything you write...
>>>>>>>

1) Msia (and Asia in general) has a problem with plastic.

Everyday spam. But his sapura got no dividends, PCHEM I bought at 8.15 now still got dividend of 18 cents. I get paid to wait, while stoneraider acts like a crazy dog hoping for miracles to happen.

If really sapura so good, why need to promote in all the different counters? Those who have a mind, those who can think long term, will definitely not touch sapura.

But what can I say, stoneraider bought it at 80 cents, no choice but to promote.

So I think again keep quiet let him happy lo.

Here is a new one, I've recently test driven with my daughter the new proton x70, and I must say with the top end model, it is very very impressive. Its a very well built and very well priced car. Impressive indeed.

Let's imagine, wth the incoming dividend of rm269,136.00, if the share price is as 9.30, I can only buy 28,900 shares. If on the other hand the share price is at rm9, I get to buy 29,900 shares. That's a discount of 1000, shares which in the long run matters a great deal.

The power of compounding!

Perfect. Next week dividend 18 cents out for me to buy another block at discount rate.

Why pay 9.30 for PCHEM when you can buy it for rm9? Next week when dividend comes out the price should drop a bit too stabilise, even more discounts.

Wonderful...

I have a feeling Calvin tan and stoneraider is the same person. That capslocking is just ridiculous.

From Maybank spam list.

11.Top Glove Corp Bhd is confident of maintaining an average profit margin of 10%, backed by global growth in the gloves market and an increase in the group's capacity.

If this is the net profit margin, instead of pbt, we are looking at selling 125 million of net profit from next quarter announcement. If this is the case I believe they will be using a party of the capital allowance to reduce the income tax payment for this quarter.

That sounds like a pretty good deal ahead.

Yeah, if koon golden rule is such an easy time that apply to everything, the moment everyone started applying this rule, it will stop being a golden rule and your into an overvalued rule.

You just can't use one simple metric to justify your investing analysis. Investing is not a simple formulaic science that is easily done.

https://youtu.be/bLjoL5zhBxA

Interesting talk. Scuttlebutt activity start at 9:00

Very true.

time to average down and wait for miracles.

|Because they do happen once in a blue moon.|

Do you actually buy all these companies you promote? It do you just promote for fun?

One thing I've realized about market disruptors and tech companies in NASDAQ, it is really hard to use simple metrics like PE to evaluate them ( especially if a company can grow 114% it's revenues and 660% is earnings in a year). A of companies have begin to use more specific metrics to value their company growth ( churn rate, total number of users, expected revenues per user etc), and looking at STNE results, frankly I do agree to a certain extent.

For me I'm also Looking at multiple metrics to evaluate companies. Especially for STNE I find that total payment volume tpv as a measure
The size of microtransactions they earn, and the number of SMB as a measure of their Target market (6% currently of a 8.8 million small medium business customer base)


>>>>>>
Thanks for the update. I won't pay PE 40 for Stoneco, but I've already found a proxy to them at EV/EBIT 2.9. A lot more palatable than Stoneco. Thanks for sharing.

One more week until dividend time. Please let PCHEM go lower! I need to buy more!

hahahahahah first time I hear stoneraider admit the truth... that he is AH FAH!

>>>>>>>
Btw ahfah has bought 6000 units at 5.00 hengyuan....now holding tight tight for long term loh.....!!

oh man, my brother in law is going to kill me now. haha but good job PPHB

Ok sape is the best company of 2021, rm3 incoming. You sailang all your money inside, wonderful.

Can stop spamming now? Stick to the topic I put, which is discussing and learning more about STNE earnings call.

IF YOU WANT TO SPAM AND PROMOTE ON YOUR SAPE, PLEASE START YOUR OWN THREAD. THIS IS THREAD IS NOT FOR THAT PURPOSE.

I don't need to use Facebook. I prefer to keep my list of friends small, and keep in touch with them as often as possible. Do you really need to know what your other 3000 friends are doing on a daily basis? I really don't think everyone sitting over the dinner table looking at their phones instead of talking to each other to be sustainable long term.

What is TSMC? What products or solutions do they sell locally in Malaysia that we can buy or are exposed to directly?

>>>>>

TSMC, i think you will like this one as well.

wow start to spam every thread again. stick to topic la. why make so many thread if everyone you post your same hardsell bulsshit.

so low class.

if want to spam thread at least don't capslock la. So low class hardsell, I dont need to follow you to hardsell every thread convincing ikan bilis to buy. I just use long term profits and share price increase to show you how investing really works long term.

>>>>
PUTTING CONVICTION INTO ANALYSIS WITH BIG SUMS OF MONEY OVER LONG TERM HOLDING. FYI STNE ALREADY TURN INTO A 44 BILLION RINGGIT COMPANY LO. NO NEED WAIT 3 YEARS 3 MONTHS. USD19 INTO USD43, ANY QUESTIONS? 114% revenue growth YoY, 660% earnings growth YoY.

stockraider For So long Mr Long trying to equate stoneco to QL....i thought it is same type of business...but now it is found out totally irrelevant loh...!!

One QL with pe 50x is old type of commodities business another is payment system platform settlement PE 24x Stoneco loh...!!

I m wondering What QL got to do with stoneco, other than Mr long bought n own both of it loh...???
>>>>>>
YOU READ. BUT YOU DONT UNDERSTAND. OFFICE BOY MENTALITY. ALWAYS THINK THEY ARE THE SMARTEST IN THE WORLD.
stockraider What so special of buying into stoneco leh ??

U mean Warren Buffet give a call to Mr long & says koh kohchai i m buy into stoneco ah....!!

I read Warren Buffet buying into Petrolchina long time ago, what happen to petrolchina now leh ??
>>>>>>>
YES DO TELL ME ABOUT PE AGAIN, IF YOU LOOK TO THE PAST, YOU WILL NEVER REALISE A 660% INCREASE IN EARNINGS YEAR OVER YEAR.

stockraider Yes loh....this is precisely how greater fool theory works loh...!!
If u follow margin of safety principle disciplinary u will never buy gdex at PE 100x mah....!!

1) I also believe the days of plastic producing companies are numbered.
2) sugar producers are also going to be having a problem. I'd like to think that sooner or later there will be legislation because lets face it, sugar is addictive.
3) Do millenials think the same way also?
4) Personally I dont use touch and go, as I think there must be better ways of solving highway problem.
5) I almost always travel via AA or silkair.
6) I'm impressed that you can survived the traffic jam. I'd rather take lower pay and work in a place where I can spend my most important resource better than to earn more and trade it for time (which is a finite resource and has far better compounding returns long term than a monthly salary)

For me I think 7) is not exactly accurate. There is not enough housing for everybody actually. Its just that majority of Malaysians cannot afford to buy their own home. If the price of housing is measured versus our GDP, per capita growth, majority of housing prices will be sub 300K. however due to speculations... I believe if we are looking for investing into developers we need to look for those that are into developer/contractor/credit type of vertical integration, those will usually aim to do projects were the selling price is within 300K range for 1000 sqft homes. Value for money will always find buyers.

8) when grab raises its prices to reduce its debt load, there will definitely be new competition. It's not that difficult to create a new taxi company.

9)Marty McFly: Hey, Doc. You’d better back up, we don’t have enough road to get up to 88.
Dr. Emmett Brown: Roads? Where we going we don’t need roads.

10) tnb can be more efficient im sure. we just dont have an efficient competitor.

hengyuan no more 45?

hahahahahahaha... stoneraidedr 70 billion market cap in 3 years 3 months.... laugh die me your investing strategy...

For some light reading of my previous analysis of this company.

https://klse.i3investor.com/blogs/philip2/191042.jsp

I find that in the future, majority of bank interactions can be done online. And those that are more tricky and problematic, I want them right here right now in my office telling me how to solve it.

When credit ratings, customer database is fully online, do you really need to visit your bank anymore?

Imagine if you were an opensys or alipay or GHL which is a simple payment or services faciliator. If one day Bank Negara decided to give you a banking license, how would you go about it?

Would you do it the traditional way with long queues, a branch where people take numbers and wait their turn and a hassle-full filling of duplicates, hard copies, information and slow approvals from KL, and old legacy systems which fills up rooms upon rooms of files.

Or would you think deep on how to upend the existing encumbants like HL, Public Bank, Maybank with a system that is catered to the online connected future today, where you no longer need physical locations and everything can be done and verified online automatically with a automated process. And you freed all the legacy backend staff with a mobile team of connected sales staff all with cloud connections, and all doing outbound work directly at your customers office, instead of sitting in a desk in an bank branch somewhere.

As a client, who would you rather talk to? the bank guy drinking coffee with you in your own office, cafe or business? or that grumpy old lady in the bank teller telling you to fill in physical forms?

>>>>>>
Our strategy is to create a complete ecosystem combining payment software, which enables the company to access more data from clients and offer better financial projects with a fair price like banking services and credit. Regarding our banking solution, the pilot is performing in line with our expectations. There's a huge addressable market in that front and is very similar to the acquiring market when we began, variable services and high rates. We want to offer more friendly and convenient services at a fair price.

We now have nearly 2.5 thousand accounts in our pilots. We are still not making specific commitments with the timing of the full rollout of our banking products because we want to make all the necessary adjustments before that. In the medium and long-term, we really believe that these solutions will be very important for the company.

I think that the dynamics is the same. The competitors are trying to push price, but we keep talking about value proposition with our clients.

This is how you build market share. This is a once in a lifetime kind of company.

Nope, no such news. Grab doesn't even know cuscapi exists. I checked with clevel management in Singapore and some of their early high networth investors, nope management has indicated they will keep with their own systems and own growth.

They texted the CFO, he laughed.

No interest in buying it for 600 million I guess.

easy come easy go.

Don't listen to him TTB, please go ahead and continue collecting your asset management fees. You need every cent of it.

As they say,

Those who don't know how to stock pick,
Teach others to stick pick.
Those who can't teach, they write newsletters.
Those who can't write well, they just take director fees.

Lock in profit first, or sell half first for that 97.2% profit at 1.69. then buy back again at rm1.05.
Whether are not tp will hit rm3.16 no one knows for sure, but money in the bank is always assured. Get the cash out first the decide later. After retracement at 3rd, 5th and 7th longitude hit, then we wait for the 1st gojirama point to invest further. The Elliott waves predict Godzilla movement after some splashing effect achieved. Be careful.

Either case from here we can switch to stoneraider SAPNRG 0.36 and follow up because the share is lower than DAYANG right now. Rm0.36 is sure easier to go up higher than rm1.49.

In 3 years 3 month sapura will become a rm3 company(70 billion market cap) stoneraider promise us. KYY is the past, stoneraider is the future of investing and trading.