*except topglove. I am really pissed at them. But still, you have to accept rough patches here and there... You have to love all your kids. Even the fat slow one...

I bought ql since 2009 around 200k, and bought each quarter after quarterly report out for 40 quarters straight.
I bought topglove in 2010 with margin, and bought quarterly after the quarterly report out
I bought public Bank and yinson around 2012-2013: like that investing me, my wife and my father in law money.

Every quarter I put in the dividends accrued, the salary I saved, the commission's I get from MLM business, the side income I get from drafting and project consultation fees.

I've basically been buying the same 4 stocks since 2009. My stocks all come from share splits and basically choosing stocks that are stable, easy to predict, have huge growth potential, have no nasty surprises (every topglov, I'm very upset with them), and have basically not lost money or done anything stupid for the last 10 years.

This year I added NYSE:stone around 200k at 19@4 January 2019. It is the 6th biggest payment acquirer in Brazil. Think alipay, except their machines also process visa and MasterCard and have a cloud based accounting and pos system ( from your phone app) that is designed to make small merchants life easy. (Use pos, card checking machine, invoicing, accounting, online payments ask from one machine and your smartphone).

I have my eye on one new bursa stock which just had its results published. I might start to build a position in that (but I probably won't be recommending it telling anyone about it anytime soon). But my criteria is simple, stable easy to understand stocks where I can have a good idea of its growth and revenues 5 years from now.

I'm just a regular engineering manager working for an MNC in Sabah. I hardly think it's possible to buy 40 million in stocks in 1 month....

Unless you are kyy playing on margin.

I think I understand it now. Meaning once the amortization from capex is done, the tax brackets will be normalized?

Wow, in 7 years? that is horrible... Imagine investing in malaysia, getting free monies and not having to pay any taxes on it.

Imagine me not needing to pay any tax on my capital gains and dividends received.

Today after 10 years gained, I pay much much lower income tax compared to the total revenue I earn every year. I don't complain about my stroke of good luck, but in terms of the nation? Maybe we should look out for the little guy out there once in a while.

I dont consider it a pump and dump action if everyone knows your exposure and your investment in the stock.

I consider it a pump and dump if sudden buy recommendations come out from unsavoury characters who cannot be made responsible as they do not have any exposure.

What do they have to gain? that is the question behind all these chun chun calls.

Don't be offended if I don't invest in time. My horizon and holding periods are far longer, and I try my projection 5-10 years in estimating terminal growth values.

I like my investments clean and simple.

And if you want to invest in a growth company, may I suggest looking at stonehub.(NYSE:STNE) The quarterly results are coming up, and I can't wait to see if I made a horrible mistake, or a smart choice.

Either case, I can easily calculate the acquisition costs per customer (they help you out easily with it be prospectus), and compared it with the competitors in Brazil. Then took a look at USA comps. Wow.

It may just be my next QL for the next 10 years.

Who knows?

5G is a certainty, not an if. Small cell technology is already frontlining many tech talks. If you spend time to read up on Lucent light wave technology you would know that the new bandwidth transmission and very low energy usage and automatic synch of multiple small cells to form a clear signal ( like how your MP3 works in compression to get clear data at low space).

But note 20 in the annual report is more important to me. If you can elucidate on that instead?

I will agree to disagree on the future of fiber, as you as a shareholder will definitely know your stock better than I do.

And please stop comparing every business with QL. It is 2 different businesses. Surimi can be caught and processed and delivered to Australia and Japan easily. I can see the costs involved and have a good idea how much profit they can make from the equipment they use.

For time, I can't judge the customer acquisition costs. I know how much they are charging ( and will definitely charge lower over time due to government interruption) and it is not something with pricing power. But are they the lowest cost producer in the market? I don't know how to even begin to calculate how much is their average acquisition cost. Is it 6 months broadband? 1 year rental? 5 year rental of assets? I can't judge.

Sorry, that's just how I look at business sense of it all. If you value oil and gas companies, I still don't get why everyone ( yourself included) values things at PE and debt and the price of oil. I think the metric should be more in the the company finding costs of oil per barrel.

If you look at charter companies like YINSON, I try to find out their charter rates and utilisation of floats compared to competitors. I start with those first then go to the pe, debt, price etc.

Haha I remember calling my wife from those pay phones in tawau. There was this cheat where if you slot in your rm50 topup card just at the right angle and press a few special digits, you could trigger the phone to recognize the value, then if you take it out you could make calls up to rm50 without using your top up card...

Those were the days where you had to queue at the payphone to call people.

Any shareholders based in Penang willing to go to the AGM for me? Can show them this article, and remind them if they treat shareholders as partners and not blood sucking mosquitoes begging for dividends, we can all do will together!

I've thought about time for a very long time, even when it first rolled out its fibre operations, and until now I still decided I will not buy it.

Why? I was reading up on WorldCom at the time, and I knew the dangers of not understanding technology.

Why do you think time broadband is better than Telekom? It is because the legacy usage of internet was originally from the phone lines, and the cost of capital to lay fibre put time in a bad place for a very long time until the internet revolution. Mark you the biggest increase in revenue is from its retail broadband sales.

Worldcom wasted all the resources and money into building unprofitable undersea cabling circling the world. They went bankrupt building it. The bidders that snapped the assets up at cheap auction layed the foundation for the internet today.

answer me this:

Why is a wonderful company like timecom nonexistent outside of Klang valley? I can't find them in Sabah, Sarawak, Labuan. What does this tell you? The capex of laying fibre is very restrictive, because at each point you need to install a MDF, you need to install routers and switches, and you need to install a big support team. Your customer acquisition cost is lowest in big population centers and gets incrementally higher the further out you go.
That hardly sounds like a wonderful business to me.

You are trying to evaluate a company that is solving the last mile issue.

More importantly, our minister seems bent on fixing internet prices, meaning soon everyone will have to charge and pay the same rate.

Think on it, if both time and TM are selling you the same package and the same rates (which they will have to do, sooner or later), how do you think time will fare? Time is doing well, buy until today I can't get time service in Sabah. That means expansion is costly, slow and not sustainable.

I haven't gotten into the technology part yet. Worldcom went bankrupt betting on fibre submarine cables that span the world, buy even today the usage of internet has grown so much that fiber is becoming slow.

What happens to the encumbent if a new technology (call it fiber 2.0) comes along to wipe out the dinosaurs. The technology is not too far away, in fact it is right at our doorstep. Lucent is doing it with wireless low power small cells technology, Ericsson is doing it, hua wei is coming up with their 5g and 6g rollout map. You will soon be able to get high speed data at vastly lower power consumption in transmission, bringing acquisition costs far lower compared to structured cabling. If you ask my opinion, I still think wireless is the way to go compared to fiber cabling. And when that happens, house phones and cables will disappear into museums.

Finally, I don't think time is also supposed to be earning that much. I'm very confused and wish if Jon can give me some clarification on note 20 of annual report on tax expense. Apparently they were supposed to pay 72 million on income tax, but ended up paying only 17 million, " recognition on previously unrecognised temporary difference". What does that mean?

If you take out 70 million from their profit before tax, then it seems more in line with TM performance.

Calvin tan, yes you can sue me for libel. But the harm you cause when you front-run orders and get out when the ignorant jump in the bandwagon will be well judged by God in the end of days.

At least koon, OTB and even me if I give you a recommendation you can know it is because I have put a significant amount of my own money into it. Thus if anything happen we suffer together, if profit all profit together.

Those who spout Christianity and in the same breath choose to recommend risky chun chun calls ( with no investment % positions and price bought) disgust me.

Just think on it logically, if you had put 50% of your networth in talam( @5 cents) would you still promote it heavily now at 2.5 cents once half of your with disappeared? And if you weren't willing to invest heavily in the stock that you are so overly confident in, why promote it in the first place? Just to see look of horror on your followers as they buy binapuri, talam and other horrible stocks? But you get out just fine by saying your other stocks have earned multiples. Sure, they did. But you did not advise how much of this winning stocks to buy, and how much of the losing stocks to avoid.

Playing devil's advocate is wonderful. Just know what you are doing is harming many uneducated newbies, especially if your own skin is not in the game.

You are just another crooked Singaporean fund manager who teaches uneducated public to gamble and speculate on the stock market, while not holding any stocks personally himself.

That's why I never buy mutual funds.

If you want to come get me, the information is very clear and easy and relevant. I'm in Sabah. I'm an engineer. I work closely with QL. I'm good friend with the MD liu sin a major shareholder in QL.

Do the math.

* The reason why the world trusts WB so much is because his skin is really in the game. 90% of his net worth is in Berkshire. If he makes dumb choices, everyone loses. If he makes smart choices, everyone wins.

He doesn't tell anyone to buy something that he himself wouldn't touch.

Again he promotes, what price did you buy those stocks at Calvin tan? You keep promoting like nobody business. Those who win big will praise you. Those who lose everything following your advice, God in heaven will judge you. Where is your conviction? What price did you buy those stocks at Calvin? How big is your exposure?

Have you ever been to karambunai Calvin? It's located in KK, Sabah where I stay. It's a very sad place, is bigger and the sand is nicer than Rasa ria Shangri-la right next door. One charges 2k per night and has 90% occupancy. Me and wife go there for the cheese nan every month. The karambunai one charges rm400 per night for the villa, and no one wants to go. It's empty almost every other day. Don't get me started on kbunai property in putrajaya, who holidays in putrajaya?

You know not what you buy. In fact buying 10 lots of kbunai at 5.5 cents means absolutely nothing. Price double up also means nothing for the long term as the business has not changed at all.

Stop fiddling with your fake Christianity. If you don't have conviction to put big money and what/when price you bought into your talam stock at least tell your followers properly in your blog.

Leading them to hell when you stand at the door is just disgusting. At least follow them in and suffer together from 5 cents to 2.5 cents, then buy more at 2.5 cents.

Are you buying at 2.5 cents? How much will you buy at that price? Percentage of portfolio, no need to share amount.

Give some conviction please. Are you really a god fearing man who tells investors one thing while you do another?

Do you go to city harvest?

411 posts
Posted by (S = Qr) Philip > Feb 3, 2019 09:22 PM | Report Abuse X

Soojinhou, as for your moat stock that you are promotion on insight?

I would be very careful. Coming from a heat exchange background, the very first things I look at when appraising new technology is how will they patent and protect their technology.

Most companies would patent internationally and then get international certification, UL certificate, ASME certificate, IEC testing accreditation, TUV certificate. before they spout out their technology. Not that I don't believe jiangsu( I have been there for FAT with consultants before), but seriously, a technology that efficient you would think they have paid a bit to get fully tested and approved internationally and franchised to Elon musk. Am I missing something?

Why is a China company listing in SGX? Another xinquan case? Or did they actually have a efficient 3000x cleaner than gas coal plant installed in Singapore? Did they tear down st James power station already?

I wouldn't invest in it yet. If it really has a moat it would be evident soon, I'll wait until it really goes overseas and bears Germany and USA in it's 3000% efficiency.

For some relevancy, BYD also started around 1997, and look how far it went in a short amount of time.

Pax viboscum

SSLee,

I don't know about medan, but over here in Malaysia gold coin is just a feedmill operator. I think when he says layered farming won't do well will be more to companies like layhong (losses last quarter) and TCP. That's when QL takes advantage of poultry shortages in December to sell at higher prices.

QL is vertically integrated, similar to your mnc palm oil company.ql has a palm oil plantations, with plenty of usable biomass energy and vegetable oil. They produce and mix their own feedmill, which they use for their own poultry generation, which they repacked into their own brands and sell to family Mart.

You cannot and must not look at QL as a one trick pony. The synergy and regional replication capability is amazing. Being syariah compliant means they have access to bonds and investments unavailable to normal bursa companies at fantastic rates, meaning cash flow will not be an issue when driving growth.

But anyway, I stop trying to convince you to look for quality companies selling at fair prices. Buying ok companies at low prices work just as well I guess.

I think it's just because you guys don't have the right mentality for it. It's not rocket science, everyone just makes it unnecessarily difficult.

Just think on your answer to this question.

If you already bought one stock. Why do you not compare adding more in the stock that you already bought instead of buying that new unknown stock that you think will do better.

I think it's human nature. When you already have a beautiful wife waiting for you at home, why do you feel more alive when chatting up that young thing at the café, or asking someone else's wife out for a date?

When your wife praises you, you feel nothing anymore.
But when a beautiful stranger praises you, suddenly puff up.

Investing is more about fighting human nature than anything else.

Why do you think great investors become greedy when everyone else becomes fearful, and fearful when everyone becomes greedy?

SSLee says QL is overvalued and big shareholder with big shareholding. Everyone on i3 is staying away from ql. That's totally understandable. But I have built my shareholding over 10 years, they haven't. I say it's the most stable stock I know, where the shareholders and management alignment is in the same direction.

When everyone run into carimin and hengyuan, I stay far far away.
When everyone run away from hengyuan, I still stay far far away.
They all say they earn 100% in 6 months. Wow.

Can they keep earning 100% for 10 years? For every big stock win, how many stock loss wipes out their hard earned capital?

Simple and safe is best for the long term.

But then again, I haven't actually seen kcchongz stock recommendations yet.

I think all of you have got it wrong. The main aim of investing is long term compounded gains. I tell you truly, even if kc is bottom of 2017 stock pick challenge, as long as he never leads you to negative gains yearly then he will have been a success.

Someone who can teach you how to never lose money will win over those who teach you to win big and lose big. Don't believe me?

The secret is compounded gains. Reinvestment into safe growing stocks that leave you happy over a long term.

If you take all the top 10 winners of stock pick challenge and you average out their stock picks ( reinvesting all their previous year gains), what do you get?

A teacher who can guide you to grow your book value steadily is worth 10 koon yew yins who lead you to big wins in latitude one day, and a xingquan the next. Hengyuan one day and sailang Jaks the next day.

Investing in stocks is about watching paint dry. If your idea of investing is 1 year stock challenge sailang all?

Better follow Calvin tan into talam, binapuri and sumatec.

Good luck.

Calvin tan your talam very undervalued, you don't want to invest in it? See ql say overvalued don't buy, but buy big fall(talam) from 5 cents to 2.5 cents. Now got 50% discount, are you sure you don't want to top up? If got conviction, top up more? If no conviction stop promoting this stock to water fish to die.

Do your proper duty as a Christian man. Don't lead strangers to hell you would not travel yourself.

>>>>
After eating so much currymee(carimin) now is time to serve Talam kueh as desert

Show me another vertically integrated company in Indonesia and Vietnam doing the same thing as QL resources. Go ahead I dare you."

Japfa Cornfeed listed in Jakarta and Japfa listed in SGX. A lot cheaper than QL.

>>>
Very good. I think I missed out the word local. Because all those companies investing are foreign.

QL is probably (I think) the only one that is working directly local and to the ground. It's the same way they gained the loyalty of the Vietnam and Sabah fishermen by not stealing their business but working together with them. Their core strategies are different,

Japfa Indonesia is cheaper definitely, but look at their net profits, and their growth in Indonesia for their business units. They are cheap for a reason.

Hi hello Kitty 88,

That is a brilliant question, I think about it all the time when I was your age.

Personally if you asked me, I won't look at it that way. I would look at it in terms of how to beat inflation.

https://www.statista.com/statistics/319033/inflation-rate-in-malaysia/

Today the rate supposedly is is 3.8%, but it sure feels like more.

If you can get the special rate from rhb(or HL) which give 4.25, and win the Benz promotion, I think you can save up 150-200k for rainy day ( or when you get married, so you don't have to go to Sabah jungle like me), but the definite question is to invest the balance in equities.

When young you can afford to take more risks and try more stocks.

If you are not confident, you can try to invest overseas, sign your w-8ben, and get a vanguard index fund. Those invest in entire NYSE, and the management fee is 0.05% of the fund size. Wonderful isn't it? Here unit trusts and active management will just kill you with their 4% fees and 2% transfer costs.

Or you could be like me, try to read as much about stocks, then find a stock you like. When you think you like it, read 5-10 years of past annual report ( concentrate on the back pages not the front) to understand how it works. Then find it's local competitors and read 10 years of annual reports to see how they stack up. Then find similar companies in nearby countries to see how it performs against the others. That should give you some rough idea of your stock on how it works.

But don't buy it yet, what you should do is try to use your information to have an educated guess on how it will perform during the upcoming quarter. If you are close to the results, and you still like the stock, then I think you are ready to be an investor.

So far my rate is about 100 companies to 1 bought stock. I'm still taking ideas on good and wonderful companies.

Obviously, the biggest competition in Indonesia is cp food subsidiary cp Indonesia. Yes they have 31% of egg market, and 41% of broiler market. And yes their pe it's also 50. But guess what, they are already there and terminal growth hit. QL is just starting their engines. Got much room to grow. I believe in their management.

Calvin stop comparing ql to Bernie Madoff. That is just stupid and misleading. You can't fake factories and lorrys delivering 6 million eggs every day.

When I bought it it was known as instacom and had great reputation in Sarawak during the day. What do I know?

As for QL, they are producing 140,000 tones of surimi, they are leading egg producer in Malaysia with 6 million eggs and 20 million broilers. More importantly, they have more money and operational technology than their Vietnam and Indonesian counterpart's ( who are more like layhong than anything else), as they have already received approval and welcome from Indonesia and Vietnam to expand and grow their 3 main core business over there, how hard do you think it will be to replicate regionally their efficient integrated business methodology(feedstock,livestock,endsales) in taking market share in Indonesia and Vietnam.

It's like taking eggs from a hen. And if you think growing chicken and eggs is easy,

Show me another vertically integrated company in Indonesia and Vietnam doing the same thing as QL resources. Go ahead I dare you.

I'm confident because I've already looked through the Indonesian and Vietnamese stock market. And private market. And foreign investors.

Haven't found a rival yet. This just takes time.

If you think pe50 is overvalued, how much would you pay if you were reasonably sure ql could grow its revenue by 10% every year for 20years, and grow its book value by 200 million every year for 20 years?

Earnings can't be the basis of everything, like I always said.
I always believed that when a business hits terminal growth, then you look at earnings and pe. When a business is growing and investing in itself, building book value is more accurate measure.

That one actually is introduced to me by qqq3.

It is the mathematical formula for success.

Success = q( your ability to execute )*r( the value of your idea)
Basically in stocks, how well you do depends on your ability to have a great idea, then how will you execute on your idea.

So if you had a great idea to invest in hartalega in 2009, but you only bought 10 lots, you don't get to be successful.

But if like kyy had a mediocre idea in liihen, but he sailang, he still success.

Imagine if he sailang all the way in Amazon 2009, he would have been a monster!

https://www.thestar.com.my/news/nation/2018/12/15/egg-price-hike-due-to-bird-flu-and-supply-shortage-says-agriculture-minister/

allergic to chicken and eggs as well?

I dont know about peninsular, here we pay around 48 cents in sabah for AA grade eggs.

When everyone close shop, only the big 4 will remain.

Yeah if you tell everyone 99% of the time stocks in bursa is rubbish, I think your son won't be able to keep his job for long. Sad but true.

His long term views and my long term views are different. We see different things, can different things. My question is why sell QL at all in 2016? When they grew the hutan melintang plant, and added more deep sea fishing fleets? I wouldn't be able to explain his analysis especially as he is not in the board of directors. I hold substantially more QL than he does and held it far longer. I'm happy with the dividends I get and the growth prospects I receive.

I bought ql in Dec 2018 at 6.25 because I thought that was a undervalued price that I would not normally be able to get.

For February quarter I will just take a look at the results before deciding.

I might skip investing in QL and reinvest more in topglov or STNE instead. Who knows? I don't know.

But I just think it is very stressful to keep pumping out buy calls and recommendations and hoping someone will buy your private subscription services. It makes one more willing to walk the safe road and not the adventurous one. Who would have die die buy call for Amazon at pe500?

Live by the sword. Die by the sword.

To be honest, I have bought the qps automatic voltage stabilizer ( different from capbank) from success, especially for easy Malaysia projects where the voltage sometimes fruits from 240v to 200v and 415v do to 360. It helps out alot.

However, ever since my purchasing team found alibaba, we have been taking our sales of Nikkon street lights and avs systems for refineries directly from China. Especially as these items do not require sirim or have government control requirements.

Their prices especially are more expensive than China, and unable to compete in terms of low cost assembly efficiency, and bulk raw materials costs.

For me business competitive advantage is everything. I don't see success transformer to be able to grow their products exports significantly.

The is no major tax break from mida for parents products like vitrox.
The products sold is very standardised in market and commodities.
Lighting industries are very sad. Just ask iq-group what happened to their business.

Moat is basically a word to describe why you would buy the products the company produces.

Is it the cheapest in the market? No. QTC Thailand is far cheaper. We buy from them.
Is it the best in the market? No. Megaman is. Or osram, even Phillips.
Is there a local requirement that requires qps product? No. Sirim unneeded. Many hospitals use China brand. In fact Nikkon lighting Mahal.
Is there management excellent? I leave it up to you to decide.
Is the management shareholder aligned? This at least his my criteria.
Has the revenues grown in last five years? Nope.
Has the profits grown in last five years? Nope.
Is it undervalued? Yes, dearly.
Will it do well in the future? The business has hit terminal growth. What you are getting is simply minimal growth yearly.
Is it a good buy? I guess.

>>>>>>
Moat is overrated

Dividend reinvestment is not as efficient as retained earnings reinvestment. A lot of book keeping, processing fees etc involved. Don't believe
Just look at your next dividend received from stock. You will notice a lot of processing fees, percentage fees etc taken. It is taken from both sides, the company side in taxes, and the service charges to both sides. My belief is if you can find a company that can efficiently reinvest your earnings into more revenue and profits, it is better to just let them do it. In the long run it is better, three dividend I get from ql is far more than what I would get from investing in higher dividend company's, simply from share splits alone, never mind the capital gain.

Rchi, if you just want to compare only QL portfolio ( I have 5 stocks) I have not sold side 2009, and I added every quarter after quarterly report for 10 years, so you can do your own math. I reinvest my salary, bonus, commission and MLM income along with ql dividend every quarter.

For 2019, I am looking at family Mart to contribute at least 120-150 stores in West Malaysia, followed by expansion into East Malaysia, recovery in Palm oil cpo prices, consolidation of layeered poultry prices in Vietnam and Indonesia.

I think QL will do well and grow for another 5 years at least.

I don't look at market because I have no idea how market performs.

I look at my business units and execution. So far all my stocks have grown out of Malaysia market and are very recession proof stocks.

TOPGLOV is 20% of world market and growing share.
YINSON is 6th biggest FPSO and about to win Brazil super charter.
Ql is Malaysia biggest layered poultry supplier and oe of sea biggest surimi and vertically integrated company.
Public Bank has the best loan profile in Malaysia
STNE is 6th biggest payment administrator in Brazil.
PPHB is my takeover target if it ever drops low enough.

Good luck in 2019

I hope not, if still got people unconvinced want me to take a picture of the box I will go crazy.

I apologize KC, my remark was not directed at you. In fact, I learned how to do technical trade and fundamental analysis back in the day by paying and attending courses same as everyone else. I have no qualms with remisiers earning from teaching and sharing their courses, only on those who sell specialists indicators and computer software that can guarantee profit but selling at high costs. I remember this american woman plying her trade in sabah and sarawak with a singaporean guy selling seminars for 10K. When I saw the course material (15 pages of pi9ctures), I thought it was the most scam thing ever!

oh you mean the big red box thing with all the fish paper angpow inside from maybank premier? Oh yeah, my wife hid it from me. She says PBB gives crap stuff. I wouldn't know much about those...

I also practise margin of safety investment. My margin of safety is knowing how my business works, and being able to look 5 years from now and knowing exactly how to get the earnings and revenue that satisfies me.

But I have newfound respect for raider la, he same same like me, put his money where his mouth is.

Raider, you said insas is a small part of your portfolio, what is your biggest part to date?

they dont send hampers to tanjung rambutan apparently. I do get a personal banker, those young hot girls with long legs and not good at tech support.

Its not that I dont agree with margin buying, if you understand your stock enough definitely can try.

But sailang margin in a company with 20 years unbroken profit and growth, with almost unlimited market size (palm oil, surimi, family mart, chicken, eggs, deep sea fishing) is a totally different story. Even then I advise carefully following the stock AFTER quarterly results come out.

I would never dare ask anyone to sailang into QL, what I would ask is everyone study the business first, then the stock. Not the other way around.

Carimin got 4 other competitors in the same contractt alone.
JAKS after complete power plant got what? They are horrible at development, can't even get a shopping mall right.

FYI. Please dont go crazy and sailang into QL if you dont know what you are getting into.

>>>
Once you prove to us it really work that way, we will jump in and invest big time with you

Forget about success transformer, dksh, MBM resources

Only QL we will hold

Show us your 2 mil shares

This is probably more than all those sifu selling their subscription classes and their trading seminars will ever show you.

But a good advice to new investors in i3, before you go attend any classes, be sure to ask them to show you the sifu portfolio. If they dont dare to show you but willing to charge you 6K for a 3 day session, come read my articles.

I share with you for free.

And I dare to show you my portfolio some more.

and the other stocks I strike out below yinson are all odd lots that I sold out until I could not sell anymore.

and just in case you want to nibble nibble, PBB shares are with another institution ( let you guess which one), my NYSE: STNE shares are with another institution.

https://klse.i3investor.com/blogs/phillipinvesting/192330.jsp

Regards, Icon8888

Wow very geng, you want me to post my QL portfolio 2m size, but you don't even dare show how many shares you buy, that's a waste of time. Let me show you what is relevant information.

Director's Particular:
Name MISS TAN CHUNG CHAY
Details of Changes:
Currency -
Date of Change Type Number of Shares Price
29-Mar-2018 Acquired 2,300,000 0.800
Registered Name OMEGA ATTRACTION SDN BHD
Nature of Interest Indirect Interest
Consideration RM1,840,000

See the difference between relevant information, you want me to show you 2 million in my portfolio, but you don't even show how many shares you bought (which I thought was the important thing, because you keep asking for me to show you how many shares I have?)

No problem. Easy work.

While I wait for your stock portfolio reports reflected in this blogs.

Sure, wait for my next blog.

You have many buy recommendations, I await them as investors will follow you to buy.

I have zero. ( Except for PPHB, experiment).

Any further questions on who had the ulterior motive?

Are you trying to prove your case as i3 sifu by bringing someone else down?

Then I humbly step back, rest my case and let you be sifu.

No need to follow me invest in QL. Just be honest enough to your readers and new i3ivestor's on your next blog full discloser as well is ok already.

If I do it, can you post the stock purchase invoice for your pump stock into your upcoming blogs? If you do that I will definitely do it for you.

Show me your stock purchase invoice for your purchase into hengyuan,LCTITAN, petronm, and success transformer.

Fair is fair?

Or are you more fake than me?

And it is a 2 year bet,

My QL at 6.7
Your mnrb at 0.93
4th January to review in 2020 and 2021 January.

Counting before your chickens hatch? Wait till quarterly results at least. See if your mnrb can survive 8 quarters in reinsurance Malaysia government which will restate a lot of bonds, and reducing takaful income.

I thought you invested in mnrb the takaful company?

You have no difference with all the trainers charging money teaching trading, value investing and subscription services.

You have been in the forum for far far longer than I have. Reading all your blogs and comments, we learn nothing of importance in how you invest, how much risk you take in your investment, and the actual return on your investments. You tell people to buy, but you never tell when you have sold. Who is the fake blogger here? I at least tell everyone I have yet to sell my shares. And when I do I will definitely tell you do you can laugh out loud when the stock price goes higher or not when the shares crater after I sell

I tell you what, I'll get my daughter to Photoshop fake results from my portfolio to show in my next blog. Then you can comment further on how fake my results are.

Even sslee, stockraider and choivo is much better than an uncle who posts what is investing? When he doesn't even say what stocks he keeps, when he buys them and when he sells them.

At least we have a line in the sand. Yours is whatever it is you want to say.

Like Calvin tan, suka suka say making money, my cost is lower than current price, I already sold long long time ago.

You see the problems with ALL your blogs?

Better a fake than someone who buys success transformer, but doesn't say when he bought, how much he bought and how a big a percentage he bought.