Gruesome company.

Livermore was a gambler and speculator at heart.

>>>
prudentinvestor

Pathological liar and compulsive braggart Tan the Tua Pao can't tolerate others stating some facts once in a while while he has the liberty to lie and brag the whole day.
<<<

Our Singaporean friend fires his big cannon many times a day.
But it was so obvious to all who observed his posts, he sold 8 houses to invest into NETX. This had dented his finances significantly.

As for his 1000% gains in such and such stock, it is likely just "HOT AIR" from his overused big cannon.

😀

OTB, KYY and friends hyped the furniture stocks in the past. The share prices of these stocks expanded and it was obvious they made a lot of money. Remarkably, they then focused on Hengyuan, and too managed to hyped this stock to a high level. Those who followed them too made a lot of money.

Should you follow such market activities? It was obvious price movements upward attracted a lot of momentum traders, and also short term punters.

Alas, there were a lot of blood spilt on the streets when the bubbles burst. Human behaviour is such. Old players with experience might have modified their behavious, but there are new players freshly entered for the slaughter again.

I think KYY lost a lot of money playing Jaks and Eversendai.

It is probable that all the gains he made before these were not enough to cover these big losses.

Why the very big losses? He probably bet very big in these 2 counters. He visited these companies' assets in Vietnam and the Middle East. He was very positive on the businesses of these companies. In hindsight, he was overwhelmed by the bullishness of his own emotions, and did not realise or underestimated the downside risks. He also probably leveraged a lot on these 2 stocks.

When these stock prices collapsed (due to poor business performances), their share prices tanked. Caught in a downturn, the high exposures and high leverages led to severe margin calls. By his own sharing, he had to sell some landed assets to cover for these losses.

"Reminiscences of a Malaysian Stock Operator."

>>>>
Blog: 90% of people lose money in stock markets - Koon Yew Yin

1 day ago | Report Abuse

Ok may i ask some questions ❓

Since so much confusion here

1. Ks55
You claimed to have Rm15 millions and invest in pur err tea?

2. Mr. OTB
You said you like a frugal lifestyle

Spend Rm10 ringgit a day enough

3. Uncle Kyy
One Ipoh Remisier said you lost Rm165 millions in Jaks

4. Qqq3
After you lost 50% in Sendai are you now trapped in China stocks

5. Mikecyc
You sai lang all your life savings in Jaks?

6. Ok i am calvintaneng
I have all these

Jcy cost 32 sen
Dufu cost Rm2.20
Notion cost 52.5 sen
Hexcap cost 38 sen to 48 sen

Above i sold lots of Notion and Jcy to buy more Dufu since Dufu never go up much

Now Hdd/Ssd still in great demand due to mushrooming of DC centers and Ai

If prices are down can slowly average down

If want to buy must hold since new DC centers will be ready by end 2024 to 2026

Do not punt or play contra

These Hdd will not be affected by Trump universally tax as they are needed worldwide

As for Calvin 95% of investments now in palm oil

Why palm oil?

Answer:
Palm oil survived 1997/8 Asian Financial Crisis
And did well during 2007/8 Us subprime crisis

Regards
Calvin Tan

Please forgive one Another and love our enemies

>>>>
:-)

>>>
calvintaneng

Jtiasa?
I bought at 63 sen
Already made 6 figure profits

6 hours ago


Berlin

A congenital liar and braggart with few redeemable traits. No visible proof of making money from the market, only loose cheap talk. Going by his stock recommendations, he is deep shit in the poor house.

6 hours ago


Berlin

In 2016 Calvintaneng recommended 4 great stocks including JTiasa which traded around 1.64 then. Can anyone believe he bought it at 63 sen?

6 hours ago
>>>>


WE observe similar posts repeatedly ad nauseum. How to believe our Singaporean friend? :-)

TSH is a plantation company. It has large productive plantations and also acres of land unplanted. It was deeply indebted. Saddled with debts and heavy interest payments.

It sold some plantations and the proceeds went to pay down its debts. Its interest expenses have gone down accordingly. Due to sale of plantations, its revenues from crops harvested too will shrink accordingly.

Its cash flow is now manageable. How big is its CFO? How much is its capex for maintenance and for growth (replanting and planting raw lands)? How much is its FCF going forward for the short, medium and long term?

Its ROE is low. Its growth is not exciting. CPO price is cyclical. Are there better companies to invest of higher quality business, with better long term growth prospects and with greater upside/downside risk, for the long term?

Cyclical stock
Low EPS and High PE

When is the time to buy?
When is the time to sell?

A good dividend yielder stock too.

Highly competitive challenging sector.
Profit margin may expand a bit due to strengthening of our ringgit.

Price of PBB is also at a new high. Those who are long term in PBB sleep soundly.

ks55

Hai-O under Tan Kai Hee's tenure invested a lot in Pu-er tea too. I do not know much about this investment. It is tradable. Does the Pu-er tea get more valuable with age?

I recalled OTB shared he was badly affected by the 1997 stock market crash. In fact, his financial future was at risk. He learned TA and started teaching too for various organised meetings. His good fortune came when KYY identified him to manage his funds. Yes, it was obvious KYY made a lot of money when his fund was managed by OTB. This liason did not last, and they parted a bit acrimoniously.

Given a new lease of financial health, I recall OTB shared how he set aside a sum of money for his future. This money is not in the stock market. He also subscribed to a learning course on FA by KC Chong.

Was he a bankrupt? Probably not, but it was not surprising for a remisier to be in deep financial difficulty post 1997. Glad for him that he is out of this difficult period.

KYY shared the performance of the managed portfolio of his relative. It is nice to know that no one is infallible. Reading posts of the many successes of the pasts, it is reassuring to learn of failures too.

For those who are speculating, we can expect them to get speculators' returns. The important outcome is how they perform in their lifetime of investing.

Interesting clash of personalities in this thread.

Highest qtrly earnings for the last 17 years.
Declared a higher interim dividend.

Safe and strong bank. ROE 1H2024. 12.8%

Latest rumour: Nusantara as the new capital of Indonesia maybe no longer on the table!🤔

How successful is Cyberjaya in Malaysia? Concept was very good on paper. Implementation and realisation are a lot more difficult.

Instead of making daily stock picks, the Berkshire team prepared for a few big wins in a handful of sectors where they felt they had a genuine edge over the average investor.

“We always realized that if we worked very hard we can find a few things where we were right and the few things were enough,” Munger said. “That was a reasonable expectation. That is a very different way to approach the process.”

Ordinary investors can also benefit from this approach.

“We never thought we could get really useful information on all subjects like Jim Cramer pretends to have,” Munger once quipped to investors at a Daily Journal shareholders meeting in 2019.

https://moneywise.com/investing/charlie-munger-warren-buffett-jim-cramer

Power of compounding. K.I.S.S.

Start investing early.
Assuming the portfolio of stocks give a 10% return yearly or doubling every 7 years:

Number of compounding years .. Outcome

O $1
7 $2
14 $4
21 $8
27 $16
34 $32
41 $64

A person invested 1k at age 20 years and compounding at 10% yearly, his investment grew to 64k, when he was 61 years old (41 years later).

A person invested 1k at age 40 years and compounding at 10% yearly, his investment grew to 8k, when he was 61 years old (21 years later).

A person invested 1k at age 54 years and compounding at 10% yearly, his investment grew to 2k, when he was 61 years old (7 years later).



INVEST EARLY.


Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

12,984 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 days ago | Report Abuse

Compounding is truly magical at the end of the long compounding period.

The person who invested at age 20 years, the last doubling from age of 54 to 61 was $64 - $32 = $32. This $32 incremental gain in his portfolio value is MORE than all the doubling gains of his portfolio from age 20 to age 54.

This is a HUGE FIGURE.

😄😀😄😀😄😀😄😀😄😀

>>>
calvintaneng

Hahaha Brovo well done SSLee!

clap!
Clap!!
CLAP!!!

He is so clever !

now 3iii go and do some posting and show us some good stocks to buy Ok?

no more go around gaypoh
>>>>


Calvin, my Singaporean friend. If you will be kind enough to just promote 1 stock every 2 months, many in this forum may pay a little more attention to your promotion.

Cheers.

SsLee

846,000/235
= 3600 view page per post.
👍👍👍👍👍👍

You have so many more page views per thread than my Singaporean friend. Hope he realised his abuse of this forum flooding and spamming the forum with many poor quality threads.

Bravo and well done SsLee.😀

Our Singaporean friend FLOODED i3 forum with 56,008 threads.

>>"We got over 9.3 million page views"<<

Our Singaporean friend was proud of the 9.3 million page views he achieved. This is so superficial (sorry for stating so).

Divide the 9.3 million views into the 56,000 threads, this is 166 page views per thread which our Singaporean friend created.

It was probable, but not impossible, that the single thread on NETX generated 2 million views.😀🤣

Maybulk

Suddenly, our Singaporean friend eagle-eye spotted this stock many months back. This was going to be another of his excellent pick. I was sure many in this forum clicked to see what he had shared. (Now, do you know why there were so many page views!) Our Singapore friend eagle-eye spotted that BDI was on the way up and by his very clever analysis and reasoning, Maybulk was going to derive huge profits in his business. He shouted "BUY, BUY, BUY ... repeatedly."

Not many moons later, our Singaporean friend changed his tune. It was obvious to everyone that his enthusiasm was just that. Our Singaporean friend strayed way outside his circle of competence. (Just wondering, can you be clever in so many areas?! :-) ) Soon, he was shouting, "BYE< BYE< BYE ...."

How to trust such eagle eyes? If only our Singaporean friend be less boastful, he might even be likeable, on some occasions. :-)

>>>
calvintaneng

3iii said Pm Corp intrinsic value was 14.44 sen

So buy below that

Pm corp was then 18 sen and Investlah people did not have any opportunity to buy Pm Corp below even 16 sen

As a result investlah people left to buy Patimas and Sumatech instead

Both Patimas and Sumatech gone bankrupt while Pm Corp went up 3 times to cross 30 sen and also gave out a nice 8 sen cash payout

In the end of the end game led by iinvestbodoh all the people in investlah like masterwhasing, laughing gor and others migrated to join Calvin in i3 forum like Leno, paperplane (steven yong) ahbah, Sifu Stockraider and others all left investlah with iiinvestbodoh alone until close shop or "saw thong"

Then iiinvestbodoh caused all to closed shop

See

👇

www.investlah.com


Now be very careful you do not let him lead you astray

56 minutes ago
>>>

Our Singaporean friend posted the above. I am surprised that he continues to lie blatantly. I am just amused.

>>>
Sslee

Your valuation on TSH is even more simple and easy to understand 🤗🤗

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Aug 23, 2024 12:38 PM | Report Abuse

My fair value for TSH is 99 sen per share.

Buy below 70 sen per share

12 minutes ago

>>>>

Essentially this is value investing.

On the other hand, I will advise staying with great companies with economic moats that have along runway. This allows you to invest long term, seeing compounding doing its magic.

SsLee. Actually, it is very easy to value PBB, unlike many other stocks. 🤗

My fair value for TSH is 99 sen per share.

Buy below 70 sen per share.

TSH
I don't see much future growth potential here today. It will ploy back its earnings to replant the virgin acres and pay some out as dividends.

I have interacted intensely on GSB and Netx. It was just incredible how unreasonable our Singaporean friend can be in his promotions. Even when he was exactly wrong. Our Singaporean friend started off with a premise, then he cried deeply undervalued and how he has the eagle's eyes to spot these stocks. Those who did not follow him were not clever. Anyway. Just enjoy the banter.

>>>>
prudentinvestor

"liars abound and not ashamed to cherry pick words to attack"
The one who is the grand master in cherry picking is none other than Calvin the Clown. Just brags about some of his successes but ignores many of his failures.
>>>>

After many years observing this Singaporean clown, you are exactly right. :-)

Q2 2024 EPS 1.49 sen
Q1 2024 EPS 1.45 sen

For 1H 2024, EPS of TSH was 2.94 sen.
Annualised this earning gives projected EPS of TSH for this year to be about 6 sen.

Its NTA is RM1.49 per share.
Its ROE is 4%
Its DPS for 2023 was 2.5 sen

Are you willing to pay a premium or a discount to its book value given the above fundamentals?


Better to avoid this stock altogether (please make your own judgement). Limited upside.

Our Singaporean friend lost all his credibility when he promoted NETX. He was hoping to hype, pump and dump this stock, a pattern that was repeated many times from his participation in past forums and now in this forum. Interestingly, our Singaporean friend has some faithful followers and backers who participated in this game with him.

The BFS-STS is an interesting observation. That is also perhaps the reason that it is so important for our Singaporean to promote repeatedly and incessantly, besides creating many other channels, whats-app groups etc to do likewise.

Eventually, the market is efficient most of the time. Our Singaporean friend's performance, as noted by many here, is not commensurate to the vast efforts he put into the process. Not learning from one mistake is characteristic of a fo-0l.

Study the cash that was raised by TSH through selling its assets.

What happened to this cash? It was clearly explained in the quarterly report.

A large portion was used to reduce its huge debt. This was a good thing for the company.

TSH will also use a portion to replant new acreages.

Its net cash roughly equals the sum of its short and long term borrowings.

What will be its recurring earnings going forward?
How much dividends can be expected from these projected earnings?



Conclusion: look for another company with higher quality business and with better upside/downside ratio to invest long term.

Actually it is extremely easy to place a value on TSH. Given its low level of ROE, it should NOT be trading at higher than its NTA.

Investing us simple but not easy for our Singaporean friend who is lost in massive data. He failed to see the wood for the trees.

Our modest Singaporean friend posted his target price of RM 1.50. He was telling everyone to buy at RM 1.78 in recent past. For the FIRST time, he is admitting his Mr. Market behavioural problems. :-)

Once again, a load of writing of little value.

Society will need a re-think. Left to free market forces, and driven by capital and intelligent hardwork, big institutions will dominate the market place. There must be room for the "ma and pa shops" in our communities.

Many institutions sold DLady when it cut its dividends. These institutions were probably mandated to look at income in their portfolio.

The reason for the cut in dividends was obvious. DLady redirected this to fund its new factory in Negri Sembilan. Remarkably, it continues to pay dividends (though diminished) and has not borrowed heavily to fund the factory.

Once the factory is up and running, we can expect the dividends to increase again. But I should not be sharing this too openly as I wish for the stock price to be down since I like to buy grocery cheap. :-)

>>>
CharlieM

“On a like-for-like basis, operating profit excluding accelerated depreciation and one-off costs stands at RM45.2 million, reflecting a substantial 19.7% increase compared to the same quarter in 2023.”

17 hours ago
>>>


This statement in the latest quarterly report shows its business operation is improving.

Read Common Stocks and Uncommon Profits by Philip Fisher. In the book, he described why he loved a company that had to spend a lot of money to build up its manufacturing facilities and in the interim reported challenging earnings. Going forward, there will still be more expenses to put the whole factory in efficient operation. After that, DLady will be firing on all 4 cyclinders (hopefully ;-) )

Charlie Munger mentioned that he knew of no economist who were fabulously rich based on their predictions of the stock market.

iCapital does a lot of analysis of economic activities of many countries and business sectors. This ability probably did not reward its owner(s) as much as collecting the fees from managing assets.

SSLee Value investing is very much pricing the market/stock, and not timing the market/stock.

>>>
Berlin

Seriously, I'll give two hoots to the Singaporean serial commentator. One of laughter and one of derision. That's no more than he deserves. Yet he won't desist.
>>>

No one responded to his TSH thread in the i3 Singapore site. I think the Singaporean forum participants know a Singaporean-ex-Malaysian non-starter quickly.

Many are trapped in PMCorp for many years. What was perceived to be deeply undervalued (based on P/B) remains "undervalued today" still. Anyway, these are the terrible stocks that our Singaporean friend thinks he has expertise in. But without a good catalyst, he had to shout loudly in various forums. I noticed few gave him a hoot in the Singaporean i3 site on his plantation posts.

https://www.google.com/search?q=pmcorp+share+price&rlz=1C1ONGR_enMY1047MY1047&oq=pmcorp+&gs_lcrp=EgZjaHJvbWUqDwgBECMYJxidAhiABBiKBTIGCAAQRRg5Mg8IARAjGCcYnQIYgAQYigUyBwgCEAAYgAQyBwgDEAAYgAQyBggEEAAYHjIGCAUQRRg9MgYIBhBFGD0yBggHEEUYPdIBCDYwNjRqMGo0qAIAsAIB&sourceid=chrome&ie=UTF-8

Price chart of PMCorp

The story of Investlah

It was the site where our Singaporean friend was playing his game for many years. It was obvious that he had multiple names in that forum. Our Singaporean friend portrayed himself as a deep value investor, and had the ability to spot very very cheap stock(s). Our Singaporean friend often worked the stocks together with a few others. It was obvious that they were not totally honest. It was too obvious the many hypes and dumps that occurred in that forum. But then, it was almost impossible to avoid these manipulations, or speculations in any forum. Thus, participants have to be aware themselves.

Johnmaster (Johnmaste rbate) was a character who enjoyed writing long articles espounding how he found an undervalued stock. (Not sure if Johnmaster is also the same as a Singaporean here :-) ). He was the one who made GSB a famous stock. Ha ha.

When the journey became tough in investlah, especially when many who were in the forum became knowledgeable and aware of the many schemes in investlah, these "popular" manipulators or players disappeard one by one. Also, it was at that time that i3 investor site appeared.

Comparing investlah and i3 investor, i3 investor site provides more value for those who are in this site. It provides various financial datas and charts when investlah was just mainly for one to chit-chat only. Overtime, investlah lost its popularity. It was sad to know that this site investlah is no longer accessible. There are many good threads in there for one to learn retrospectively in investing.

Cheers.