https://theedgemalaysia.com/node/730229

Insas was a stock that Tong Kooi Ong invested into. How has his investment into Insas performed?

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Sslee

Palm oil Plantation is a lot of hard work unlike seasonal oil crop like corn, soybean, sunflower, canola and etc.

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Not if you are the owner of a plantation debt free. 😀

Plantation owners appealing to government on excess profit levy EPL on their business. Why? Costs have gone up. Revenues by not so much.

They are asking the government to lower the EPL or raise the CPO target price to a higher level before triggering this EPL.

All the above shows plantations are not enjoying a bonanza period for now, unlike the incessant fake news by our Singaporean friend, who has thankfully disappeared.

The new 2% tax on those receiving > RM 100,000 yearly dividends: dividends from closed end fund are exempted.

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SEERESEARCH2023
👍👍👍
>>>.

Our Singaporean friend promoted so many stocks so intensely. He invited interested "investors" to join his wha tsapp group.

However, I stay away from anyone whose integrity is less than stellar.

Peter Lynch is a strong advocate for the bottom up approach, tending to focus on the company fundamentals (quality) and its valuation. He feels that spending more than 10 minutes on macroeconomic issues is 10 minutes of time poorly spent.

It is my observation that iCap newsletter prides itself on understanding and analysing the various macro-economic factors in various countries and various sectors. Alas, it is also my humble observation, that these huge effort in macro-economic issues contributed little to the performance of its managed funds. Perhaps, time maybe better spent focusing on screening companies.

Few will disagree the return on your investment is proportionate to the amount of effort, focus and concentration you give to managing the portfolio.

Unfortunately, from observing the growth of Capital Dynamics, this might not be the case. Why? There are so many distractions. Launching new funds. Organising various seminars and symposiums at regular intervals. These are definitely consuming valuable times.

JohnDOugh maybe able to shed more lights.

Thanks KYY for sharing this article.

>>>
I have been a “student” of the stock market for more than 50 years. Over the decades there are a few lessons from investing that I have learned which are very precious and timeless in importance.

The more experience I gained, the more I analyse the situation, the more convinced I am that the quality of investors matters a great deal as to how a company performs and develops. In fact, the quality of investors matters even to the quality of a country’s capital market and economy.
>>>
>>>
The reason why I am sharing the massive cash hoard of Berkshire Hathaway in this annual report is that Warren Buffett has been doing this cash hoarding for a long time now. It is nothing new. The amazing thing is not the huge amount of cash held by him, a well-known fact, but that his shareholders do not harass him about this.
>>>

Shareholders agitation is related to fund performance.

Why do you invest?

A simple benchmark is to have a return better than the risk free interest rate.
Perhaps, 2x that of the risk free interest rate.

Why do you invest into a fund?

Believing that the chosen fund manager has the ability to deliver a good return over the long term.


What is the long term return of ICIVF?

After 15 years (2019 - 2024), ICIVF [i Capital International Value Fund (ARSN 134 578 180)] delivered a total return of 19.11% to its shareholders (that is, 1.274% return per year).


What are the possible reasons for such poor performance of ICIVF?

Warren Buffett, Charlie Munger and Jack Bogle opined the know nothing investors become an intelligent investor when he/she chooses to park his investment money in a low cost index fund, betting on the overall US stock market.

ICIVF
1 July 2009 to 31 August 2024

Benchmark .... Currency .... 01 Jul 2009 .... 31 Aug 2024/Total Return ... % Change
ICIVF .... A$.... 1.0000 .... 1.1911 .... 19.11
MSCI ACWI .... A$ .... 306.1537 ... 1228.7100 .... 301.34
ASX200 .... A$ .... 3874.00 .... 8091.9000 .... 108.88

Tan Teng Boo
Managing Director
Capital Dynamics (Australia) Limited
AFSL 326283
12th October 2024

Capital Dynamic and iCap should focus on managing its funds for their shareholders and not spend too much time organising too many unrelated or distantly related activities.

Data centers

https://www.malaymail.com/news/malaysia/2024/10/14/explainer-what-are-data-centres-and-why-is-malaysia-able-to-attract-billions-in-tech-investments-for-it/153620

PBB
A great and efficiently managed bank.
Banks are oligopolies. No new banking licenses created.
Fintech and techologies provide some new challenges.
Growth in GDP and regional grow seem encouraging.
Invest in PBB for the long term.
GARP

<<<

Posted by Eagle77 > 2 days ago | Report Abuse

Those who listen to Calvin all hancur especially those who bought Hexcap, Dufu, Notion, JCY and Tsh HANCUR ‼️‼️⬇️⬇️⬇️🩸🩸🩸☠️

>>>>


Our Singaporean friend. ... recommended so so so many stocks!!!!

Capital Dynamics is not much different from the many other funds management company. Growing the AUM will ensure the fund manager's, become extremely well rewarded.

Where are his customers' yachts?

Capital Dynamics manages a few funds. Other than iCap closed ended fund in Bursa, how are its other managed funds performing?

Will the dividend support iCap share price? My analysis, probably not. The market price can be irrationally driven by sentiments.

Is COL thesmart money in iCap?

Their recent selling maybe to cash out due to MYR currency strengthening.

https://klse.i3investor.com/web/news/detail/251311

The initial plan was to grow the population of the city to 350,000 people and make Putrajaya a showcase of Malaysian heritage and identity.

However, today there are just 120,000 residents living in the city, enjoying its gentle pace of life and beautiful surroundings.

https://www.express.co.uk/news/world/1953417/travel-asia-malaysia-putrajaya-kuala-lumpur


Another example: Canberra, Australia.

https://www.express.co.uk/news/world/1953417/travel-asia-malaysia-putrajaya-kuala-lumpur

>>>>
back to the island like on December 2020 for 3 months…


jjohnchew

2,806 posts

Posted by jjohnchew > 3 days ago | Report Abuse

Hoho he said sold 8 apartments to buy Netx , this round sold the balance ke .🤣🤔
>>>>


Maybe. Perhaps.

Message to admin:

Except for a few, many have difficulty posting in i3 investor.

I noticed Engineering Profit faces the same problem as I had when creating new thread. All the paragraphs are jumbled and the post appeared as just a huge single paragraph. Can you kindly have a section to advise how participants can post pictures, graphs, charts and paragraphs in this forum?

Many thanks.

3iii

Message to admin:

Except for a few, many have difficulty posting in i3 investor.

I noticed Engineering Profit faces the same problem as I had when creating new thread. All the paragraphs are jumbled and the post appeared as just a huge single paragraph. Can you kindly have a section to advise how participants can post pictures, graphs, charts and paragraphs in this forum?

Many thanks.

3iii

Message to admin:

Except for a few, many have difficulty posting in i3 investor.

I noticed Engineering Profit faces the same problem as I had when creating new thread. All the paragraphs are jumbled and the post appeared as just a huge single paragraph. Can you kindly have a section to advise how participants can post pictures, graphs, charts and paragraphs in this forum?

Many thanks.

3iii

Sarawak to lead and show the right ways.👉

TDM continues to speak with forked tongue even at his advance age. Wouldn't it be better to refocus on less divisive 3R issues of Recruit, Retrain and Retain skill personnels to grow our country for the betterment of all? Probably not. He will probably carry his bitterness to his next world. We pray for his continuing good health.

Scientex continues to display strong financial performance, driven by its diversified business model in packaging and property development. The company is well-positioned for future growth, backed by its robust property pipeline and steady packaging business, with improving margins and cost controls.

👍

😍

Mahkota by election. Abstention is also a choice.

Did the youth leader undergo indoctrination by the BTN during his formative years and has difficulty with independent thinking despite his higher education.

MACC is working hard and "overtime". It has uncovered so many corruption cases. Prosecuting, and securing the returns of the money and punishing the perpetrators appear painfully slow, in the eyes of the public. Nevertheless, keep up the good work.

What have been uncovered and reported, are probably a small fraction of the total. Going for the big fishes will be more effective outcome than going for the Ikan bilis.

It was mentioned by PMX a couple or so years ago that the government can save a lot of money through effective tackling of corruptions, leakages and wastages; and the amount saved, according to PMX is more than enough to implement many of the socio-economic policies for fellow Malaysians.

Good directive by PMX. This is another wastage and leakage to the government's revenue. Please plug these aggressively. A necessary reform indeed.

Investing should be kept simple, but not simpler! 😀

The weakening of US dollar pagainst MYR affects the profit margins of exporters negatively, including our plantation companies.

With the MYR strengthening against the US, this should be positive for the profit margins of DLady, Nestle and Padini.

https://www.thestar.com.my/news/nation/2024/09/16/tuanku-muhriz-expresses-regret-sadness-over-reports-of-child-exploitation

Dia patut bersuara.

Calvin Tan
Iinvestor Blogger
Calvin Tan
With 31 years of experience, Calvin began his
investing journey in 1992 with an IPO bui
struggled with losses for many years. When
Calvin stumbled upon a book by Dr. Neoh
Soon Kean on value investing , in the year
2005, and has been applying these principles
to his trading strategy. Since then, he has
managed to make up for his past losses and
also achieved significant profits from his
investments. Now, as a firm believer in the
power of valle investing, Calvin is passionate
about sharing his knowledge with others.

Calvin Tan
Iinvestor Blogger
Calvin Tan
With 31 years of experience, Calvin began his
investing journey in 1992 with an IPO bui
struggled with losses for many years. When
Calvin stumbled upon a book by Dr. Neoh
Soon Kean on value investing , in the year
2005, and has been applying these principles
to his trading strategy. Since then, he has
managed to make up for his past losses and
also achieved significant profits from his
investments. Now, as a firm believer in the
power of valle investing, Calvin is passionate
about sharing his knowledge with others.

Calvin Tan
Iinvestor Blogger
Calvin Tan
With 31 years of experience, Calvin began his
investing journey in 1992 with an IPO bui
struggled with losses for many years. When
Calvin stumbled upon a book by Dr. Neoh
Soon Kean on value investing , in the year
2005, and has been applying these principles
to his trading strategy. Since then, he has
managed to make up for his past losses and
also achieved significant profits from his
investments. Now, as a firm believer in the
power of valle investing, Calvin is passionate
about sharing his knowledge with others

Summary:

Sadly, a very gruesome company indeed.

Look for another.

FYE Dec 2023
MYR millions

INCOME STATEMENT
Rev 40
GI 11
SGA Exp 85
EBIT (74)
Int Exp 28
PBT (119)
Equity in Affiliates 131
Consolidated Net Income 12
Minority Int Exp 17
Net Income 17

EPS (dil) 0.01 sen


BALANCE SHEET

TCA 594
TA 2417

TCL 550
TL 999
TEq 1480


Cash 64
STDebt 75
LTDebt 421
TOTAL DEBT 496
NET CASH -432

AR 519
AP 238

Current ratio 1.08
Quick ratio 1.08
Cash ratio 0.12

Asset turnover 0.02
Return on Average Assets 0.70%


CASH FLOW STATEMENT
Net income 12
D&A 20.4
Other funds (63)
FFO (30)
CWC 22.3
NOCF (8)

CAPEX (61)
Sale of fixed asset (0.5)

Proceeds from Stock Options 37.4

FCF (69)
FCF Yield -16.71%

FINANCIAL DATA
PRICE 0.14 MYR
MARKET CAP 364.96m
EPS 0.12 sen PER 116.67 ROE 0.20%
P/b 0.24 NTA 0.590
DIV 0

I find KMLoong an easier company to understand and also to value. I agree, KMLoong has limited upside growth.

Owning land is a way to grow rich. Value of land keeps pace and exceeds inflation rates.