Our Singaporean friend's involvement with NETX. This was well known and documented. The facts speak loudly.

Also, this post too. 9 out of 10 of his recommendations over a short or long period tanked. TOP 10 OVERSOLD STOCKS TO BUY NOW WHILE STILL VERY CHEAP! (Calvin Tan Research). https://klse.i3investor.com/web/forum/forum-thread/600130378

Our Singapore friend is truly dishonest. What he showed is not what was observed live in this forum.

Retrospective posts are so unbelievable. Next to silly.

Its long term debt and interest payment have increased significantly over the last year.
It needed to pump in capital to grow its business.

The increase in Revenue of RM57.40 million (or 31.05%) and the increase in PAT of RM53.99 million (or 48.49%) was a result of:
i) contribution from services from our Zetrix blockchain platform such as ZCert and Digital ID
registration and transaction; and
ii) contribution from the sale of Zetrix tokens.

Despite the buying and selling activities of the major shareholder, his shareholding has not changed significantly since January 2024.

Reported a good quarter. At its presence price, seems good value.

Our Singaporean friend provides a lot of entertaining here, though a lot of his posts are not useful. Everyone can read a book and claims to be an expert here and there. But it is the temperament and discipline in implementing all these strategies that are most important. One should have an investing philosophy and stay within your circle of competence.

Otherwise, you will end up promoting NETX and your TOP 10 OVERSOLD STOCKS TO BUY NOW WHILE STILL VERY CHEAP! (Calvin Tan Research). https://klse.i3investor.com/web/forum/forum-thread/600130378

The enemy of your cash is INFLATION.
The friend of your cash is COMPOUNDING.

Total equity 31.3.2024 RM 674.7m

@1.65, it is probably overpriced.

My fair value for this stock $1.07 to $1.28

At listing: 8.4b shares @ retail price of 1.65 per share. Market cap = $13.86 billion.

FYE 2023
Earnings $400.2 m (EPS 4.76 sen)
Equity $541 million

ROE 74%
P/E 34.7x
P/B 25.6x

At listing: 8.4b shares @ retail price of 1.65 per share. Market cap = $13.86 billion.

FYE 2023
Earnings $400.2 m (EPS 4.76 sen)
Equity $541 million

ROE 74%
P/E 34.7x
P/B 25.6x

Announced a good quarter.
This company is in a matured sector.
Its revenues and earnings have been flat for many years.
However, it is generating good FCFs and dividends.
The 1H results for this year had been better than previous years.
Probably can expect higher revenues, earnings and slight increase in dividend for this year.

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.

😄😀😄😀😄😀😄😀😄😀

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.

For very long term portfolio of stocks:

Stay with

QUALITY
GROWTH
INTEGRITY
ECONOMIC MOAT
FAIR OR UNDERVALUE (WHEN BUYING)
REINVEST THE DIVIDENDS
IDEALLY HOLD FOREVER


When to sell such stocks? ALMOST NEVER.

EXCEPTIONS:
WHEN ITS FUNDAMENTALS DETERIORATED PERMANENTLY (SELL ALL)
WHEN IT IS OVERPRICED (MAY OR MAY NOT CHOOSE TO SELL SOME)
SELL TO REINVEST INTO A HIGHER QUALITY STOCK WITH HIGHER UPSIDE:DOWNSIDE POTENTIAL.


KEEP INVESTING SIMPLE AND SAFE. K.I.S.S.

For very long term portfolio of stocks:

Stay with

QUALITY
GROWTH
INTEGRITY
ECONOMIC MOAT
FAIR OR UNDERVALUE (WHEN BUYING)
REINVEST THE DIVIDENDS
IDEALLY HOLD FOREVER


When to sell such stocks? ALMOST NEVER.

EXCEPTIONS:
WHEN ITS FUNDAMENTALS DETERIORATED PERMANENTLY (SELL ALL)
WHEN IT IS OVERPRICED (MAY OR MAY NOT CHOOSE TO SELL SOME)
SELL TO REINVEST INTO A HIGHER QUALITY STOCK WITH HIGHER UPSIDE:DOWNSIDE POTENTIAL.


KEEP INVESTING SIMPLE AND SAFE. K.I.S.S.

My intrinsic value for PBB is 6.70. :-)

Nusantara is a project by Jokowi. Yes, Jakarta has a problem. It is also densely populated.

Jokowi's idea is to move the capital to Nusantara. There will be a number of teething and unique issues. It is the government that is moving. The administrative part. Jakarta will still remain the center for economic matters.

It is so very important to define one's circle of competence. Buffett says the most important point is to stay within its boundary.

Our Singapore friend is so good in dabbling in so many stocks. He probably had recommended hundreds of stocks in this forum. His "circle of competence" of so large. (The truth is not so palatable. Buffett would have said that this Singaporean friend does not know his circle of competence, especially in stocks.)

Just because our Singaporean friend dealt with properties, he expanded his "expertise" to so many ridiculous recommendations. From my observations, so many of them did not come true.

Great minds talk on issues.

The best manipulator I observed in the social media to-date. The promoter wrote a thread: "Patimas - target price 30 sen." He was able to relentlessly promote this stock. It was a PN17 stock. Every so often, news appeared. Restructuring was eminent. A new project. A new shareholder, including Tencent. He was able to entice so many to buy into this stock pushing the price upwards to above 30 sen from one that was probably closer to 1 or 2 sen. He succeeded manificently. I think the major shareholders were able to unload all their shares to the new shareholders. Soon, no more promotions. No more news. The negatives started coming out. The price tanked to nil. It was delisted.

The promoter of this was the best I have observed. He did it once only and soon disappeared. He never reappear in any of the social forum I know of subsequently. He lied and was able to fool all the new shareholders ONCE. There were certainly a lot of pain ( "a lot of blood spilt on the street") as ALWAYS when a bubble collapsed.

The grandfather and grand-daughter story. What will be the responses of the neighours when he continues to repeat the lie? :-)

What is excessive lying? Just observe the behaviour of our Singaporean friend in the Netx thread to know all about pathological lying.

A lot of hot air on TSH by our Singaporean friend. The truth is he knows little about Nusantara but his pride prevents him from admitting this. Just like our Singaporean friend was all knowledgeable and certain on his eagle-eyed Netx, which showed him to be otherwise and a fool.

A fool is one who fails to learn from his mistakes and continues to do the same things hoping for different outcomes. An obvious lesson is a GRUESOME COMPANY CAN REMAIN GRUESOME FOR A VERY LONG TIME. Another is many lost money because they "fell in love" with the gruesome company at a time when it showed a temporary period of good fortune. More painful still is the opportunity costs of not investing in a great company that has delivered gains in the same period.


https://klse.i3investor.com/web/forum/forum-thread/600130378

Might our Singaporean friend be a better investor if he had taken time to study his own mistakes, before continuing to show to others his prowess and cleverness

Our Singaporean friend writes a lot, but there is little substance in his written diarrhoea.
His huge number of posts and promotions should be placed in this context.

GSB was a stock that our Singaporean friend recommended and many lost their investments. The original owner has sold this company altogether.

I will occasionally look at this counter now and again. Its price was rising steadily to 80 sen per share. Today's price was a shock to me after having not looked at it for a couple of months.

>>>
calvintaneng

Target prices

See

Aminvest: TSH = Rm1.20

Kenanga: TSH = Rm1.30

Our Target Price: TSH = Rm1.50 to Rm2.00

3 hours ago
>>>

Sure boh. Are you truthful? My Singaporean friend was asking forum participants to buy at 1.78 and I am sure he was saying it was severely undervalued at that price, which also meant his target price was a lot higher.

You cannot get a good deal from someone who is dishonest.

Great minds talk ideas
Good minds talk things
Weak minds talk people

Great man talks about issues.
Small minds talk flippingly about many stocks and their prices.

How is the power plant project in Vietnam contributing to Jak's top and bottom lines today?

After GSB was taken by the new owners, it was renamed and though I have not analysed it in detail, the new owners are probably doing a better job with this company than the previous owners.

Our Singaporean friend continues to commit the same mistake. A fool does not learn from his mistakes. We shall learn from him. :-)

GSB was promoted by our Singaporean friend. It was a property development company, having completed a few small projects successfully, but burdened with debt. It was not growing its business as this required more capital and borrowings. GSB then sold an existing poorly managed hotel for $12 m. Our Singaporean friend crowed loudly how GSB was going to be transformed from a debt rich to a cash rich company. How it was deeply undervalued (??). How this new cash meant the shareholders would be rewarded hugely? Imagine at the price, the potential dividend yield might be this or that. Also, the new projects would deliver various revenues and earnings.

Alas, all these did not come true. GSB was bogged down by its new projects. Selling the hotel allowed it to breath but did not improved the fortune of this company. Of course, its business was a challenging one, especially for a capital intensive company with little capital and poor recurrent cash flow. Its CD business was a sunset industry.

Even if it were successful in delivering its last project, how much earnings can accrued to the company or its shareholders. Our manic (delusional) Singaporean friend projected the earnings of GSB to the strastosphere. Although he did not sell his 8 houses to invest into this (which he did in Netx), he was nevertheless promoting this stock just like it was another of his "eagle eyed" pick.

A wise man learns from others' mistakes. A fool continues to repeat his own mistakes.

Good morning.

So many who followed our Singaporean friend's over-enthusiastic (evil) promotion of Netx lost a lot of money in Netx. The devil even exposed his nakedness by sharing he sold 8 houses to invest into his next sure multibaggers of Netx. All those who did not listen to our Singaporean friend's recommendation of Next was labelled arrogantly by this Singaporean Tua Pao Sien (an appropriate description indeed). :-)


Our Singaporean friend promoted so many stocks. Don't expect to have a good deal from someone with no integrity. Do you think the promotions were to enrich the masses here? :-) :-) Ha ha

How much credibility? TSH was cheap at 1.78 and our Singaporean was promoting this as a buy for almost 2 years now! Of course, he is trapped at that price.

Our Singaporean friend here lacks credibility. Spamming everyday. It is so important that he must broadcast so much noise everyday. :-)

Even the admin was misled that this Singaporean is an "expert" on oil palm! :-)

Our Singaporean friend here lacks credibility. Spamming everyday. It is so important that he must broadcast so much noise everyday. :-)

Even the admin was misled that this Singaporean is an "expert" on oil palm! :-)

Netx was 2 sen and our Singapore friend said it was very CHEAP and would be a multibaggers. He sold 8 houses to invest into this stock.


Today, our Singaporean friend could buy this stock CHEAPER than when he first promoted.

Was the market smart or was the Singaporean smarter?

In Holland (not Holland Road in Singapore), people sold their mansions to buy tulips!!! We see this behaviour repeated again and again, just look at the thread in NETX. :-)

Observing this Singaporean over these years:

1. Doesn't know his circle of competence. Always straying outside this.
2. Doesn't know valuation. Selling his 8 houses to buy Netx, like those who sold mansions to buy Tulips during the Tulip mania.

Observing this Singaporean over these years:

1. Doesn't know his circle of competence. Always straying outside this.
2. Doesn't know valuation. Selling his 8 houses to buy Netx, like those who sold mansions to buy Tulips during the Tulip mania.

Be greedy when everyone is fearful.

Human behaviour is almost predictable.

In the Tulip mania, people sold mansions to buy Tulip.

In this forum, we witnessed a Singaporean sold 8 houses to buy Netx.

"-)

https://www.youtube.com/watch?v=fWENuDSu05Q Indonesia’s $33B Capital Relocation Plan Is Imploding | WSJ Breaking Ground

https://youtu.be/fWENuDSu05Q?si=8mukZ3iQr6167Trj

Not all is hanky-dori in Nusantara

Is it true that this man is paid to promote? 🤔

>>>
14 hours ago


calvintaneng

While many followed Calvin to great success

Mikecyc only arrived in i3 by
year 2019 still a newbie

Prudentinvestor a greenhorn only joined i3 in 2023 ( know very little but talked a lot )

3iii atau iinvestbodoh a dinosaur totally irrelevant after bankrupting investlah lost his house and migrated to i3 for refuge

Be very careful of this iinvestbodoh caused investlah to close shop

See

https://www.investlah.com/

14 hours ago

>>>


Even in investlah, calvintaneng was not honest. Why did he migrate from investlah? 😀

Another counter promoted by calvintaneng in the past. Undervalued. Asset play. Change in management.
Those who followed then, would have lost at least 50% or more.

The Malaysian voters are more informed. They are exercising their votes smartly. Any government of the day is going to find governing not easy. Many push and pull issues to be worked through for a united and happy Malaysia. May require a few more elections to iron out many issues.

😀

Calvin lies often. Be wary.

I don't think this is a zero sum gain.
The competitors in this segment are Nestle, F&N and DLady. FFB is a newcomer, yet to be proven but cannot be dismissed lightly too.

Hookwink.

Invest into the future of these top students.

Stop talking rubbish.

Implement the right policies.