The Ultimate Hold-versus-Sell Test
Here is the overriding primary test, followed by observations on why it is so critically important:

Knowing all that you now know and expect about the company and its stock (not what you originally believed or hoped at time of purchase), and assuming that you had available capital, and assuming that it would not cause a portfolio imbalance to do so, would you buy this stock today, at today's price?

No equivocation. Yes or no?

Answers such as maybe or probably are not acceptable since they are ways of dodging the issue. No investor probably buys a stock; they either place an order or do not.

Here is the implication of your answer to that critical test: if you did not answer with a clear affirmative, you should sell; only if you said a strong yes, are you justified to hold.

DLady versus Nestle


SSLee prefers Nestle to DLady. Just like the way he thinks.

Let us look at these 2 stocks from the mid 1990s. For those who hold these 2 stocks from then to now, the total returns from both stocks have been superlative. These returns are superlative even though DLady has dropped from 65 to 30 the last 2 years and Nestle has dropped from its highest price of 165 to present 130. Note, the long term hold for almost 30 years.

Well, I know of many who own Nestle and DLady too. One got ESOS. every time the Nestle share was up by 10 to 20%, he sold. Though working in the company, he does not own any of the shares long term. In the early 2000, Nestle shares stagnated. There was not much growth in the company. Nestle wasn’t investing into the company. On the other hand, DLady was doing a lot better. It’s growth was better and it’s returns eclipsed that of Nestle by a large amount. My friend advised, he bought DLady in preference to Nestle. In fact, he advised sincerely to sell Nestle and parked the money in DLady.

Nestle started to grow is business when it identified Malaysia for its halal hub. Soon it invested more into its business.

The price of Nestle climbed fast the last 5 years. When it’s price rose to 80, another friend who owned Nestle shared the price of Nestle was too overvalued by his assessment. He sold. A few short months later, Nestle price shot up to 163. Yes, today, it has corrected over the last 2 years to 130.


Can you teach us how to capture the long term gains (an assumption you need not have to agree with) of these stocks or companies?

How good are you in selling at the top of a price chart?
How good are you at buying at the depth of a price chart?
How good are you in selling at the high and buying back the SAME stock at the low in your real life investing?
How certain are you in selling at the high and able to buy back the SAME stock at lower price, but find the price never dropped low enough or below your selling price?


LOOK FOR BROKEN STOCKS, NOT BROKEN COMPANY. (Jim Cramer)

Net Asset Value per share of icapital.biz Berhad as at 22 February 2023 is 3.39.

4.16 per share

PBBANK Financial Information
Market Capital (RM)
: 80.748b
Number of Share
: 19.411b
EPS (cent)
: 31.53 *
P/E Ratio
: 13.19
ROE (%)
: 12.20
TTM Profit Margin (%)
: 28.6
CAGR - Revenue (%)
: 0.5
CAGR - PAT (%)
: 2.3
Business+
: Member Only
Dividend (cent)
: 12.000 ^
Dividend Yield (%)
: 2.88
NTA (RM)
: 2.585
P/B Ratio
: 1.61


PBB is trading at fair value. With rising interest rate, investors demand a higher equity risk premium.

>>>>>
Sslee

3iii,
Have you sold your Dutchlady? Dutchlady can never compete with Nestle.

>>>>



Selling is often a harder decision than buying

"If you have bought a good quality stock at bargain or reasonable price, you can often hold forever."

Investing is fun. For every rule, there is always an exception.

The main reasons for selling a stock are:

1. When the fundamental has deteriorated permanently, (Sell urgently)
2. When it is overpriced, whereby the upside gain will be unlikely or very small and the downside loss will be big or certain.


So when should you sell?
Here are the five questions you should run through whenever you think about selling a stock, and you'll be in good shape.

Did you make a mistake?
Have the fundamental deteriorated?
Has the stock risen too far above its intrinsic value?
Is there something better you can do with the money?
Do you have too much money in one stock?

When you SHOULD NOT sell
By themselves, share-price movements convey no useful information, especially becasue prices can move in all sorts of directions in the short term for completely unfathomable reasons. The long-run performance of stocks is largely based on the EXPECTED FUTURE CASH FLOWS of the companies attached to them - it has very little to do with what the stocmk did over the past week or month.


The Stock Has Dropped

Always keep in mind that it does't matter what a stock has done since you bought it. There's nothing you can do to change the past, and the market cares not one whit whether you have made or lost money on the stock. Other market participants - the folks setting the price of the stock - are looking to the future, and that's exactly what you should do when you're deciding to sell a stock.

The Stock Has Skyrocketed

Again, it matters little how those stocks have done in the past - what's important is how you expect the company to do in the future. There's not a PRIORI reason for stocks that are up substantially to drop, just as there's no reason for stocks that have tanked to "have to come back eventually." Most of us would be better investors if we could just block out all those graphs of past stock performance because they convey no useful information about the future.

>>>>

Company X (US).
For illustration purpose only.


Trailing returns.%

1 day. (1.12)
1wk. (2.76)
1mth (6.66)
3mth (11.25)
YTD (11.07)
1 yr 1.49
3 yr 4.97
5 yr 6.04
10 yr 9.63
15 yr 8.05


What lessons can you derive from these data?
From the perspective of a short term investor.
From the perspective of a long term investor.


The latest newsletter of Berkshire Hathaway is extremely good. Warren Buffett shares his long term 80 years investing journey.

>>>

How you will analyse Dutch Lady?
The expected return of a stock is also impacted by the company's financial performance. Changes in a company's performance can affect the expected return of its stock in several ways, including:

Earnings: The company's earnings are a key driver of its stock price and can impact the expected return of the stock. If the company reports strong earnings, the stock price may increase, leading to a higher expected return. Conversely, if the company reports weak earnings, the stock price may decrease, leading to a lower expected return.

Revenue: Changes in the company's revenue can also impact the expected return of its stock. If the company's revenue increases, investors may anticipate higher earnings and a higher stock price, leading to a higher expected return.

Growth prospects: The growth prospects of a company can impact its expected return. If investors believe that the company has strong growth prospects, they may be willing to pay a higher price for the stock, leading to a higher expected return.

Management changes: Changes in company management can impact the expected return of a stock. If investors believe that new management will be more effective at running the company, they may anticipate higher earnings and a higher stock price, leading to a higher expected return.

Competitive landscape: Changes in the competitive landscape of a company's industry can impact the expected return of its stock. If new competitors enter the market or existing competitors gain market share, investors may anticipate lower earnings and a lower stock price, leading to a lower expected return.

It is important for investors to monitor changes in a company's financial performance and how they may impact the expected return of its stock. This can help investors make informed decisions about buying, selling, or holding the stock in their portfolios.

Company X (US).
For illustration purpose only.


Trailing returns.%

1 day. (1.12)
1wk. (2.76)
1mth (6.66)
3mth (11.25)
YTD (11.07)
1 yr 1.49
3 yr 4.97
5 yr 6.04
10 yr 9.63
15 yr 8.05


What lessons can you derive from these data?
From the perspective of a short term investor.
From the perspective of a long term investor.


The latest newsletter of Berkshire Hathaway is extremely good. Warren Buffett shares his long term 80 years investing journey.

When you find you are in a hole, stop digging and think what you should do. This should not take an undue length of time.

In investing, when you have made a mistake or in your own assessment, the fundamentals of a company have deteriorated permanently, your action is to sell urgently.

>>>
Posted by Good123 > 42 minutes ago | Report Abuse

Calvin is not God. He had speculated wrongly on Netx dulu juga... forgive him...

>>>>


:-)

Do u think he is a god?

Of course, he is the hero of Netx fame, calvintaneng.

The year 2022 in Indonesia was marked by unusual incidents which include extreme wet weather, surging cases of Covid-19 in February, the outbreak of Russia – Ukraine war in February, very high prices of vegetable oils that include palm oil, very high prices of oil, government’s palm oil export ban during 28 April – 23 May, high prices of fertilizers and very low realization of replanting program for smallholders (PSR).


1. Local consumption in 2022 reached 20.968 million tons, which was higher than that in 2021 at 18.422 million tons. The consumption was dominated by food industries at 9.941 million tons, which was higher than that in 2021 at 8.954 million tons and higher than that in 2019 before pandemic at 9.860 million tons.

2. The consumption for oleo-chemical industry reached 2.185 million tons, which was 2.8% higher than that in 2021 at 2.126 million tons. It was much lower than the increase of consumption during 2019-2020 at 25.4% and period of 2018- 2019 at 60% which was suspected to have been caused by the Covid-19 pandemic.

3. The consumption for biodiesel in 2022 reached 8.842 million tons which was higher than the consumption in 2021 at 7.342 million tons.

4. The exports in 2022 reached 30.803 million tons, which were lower than that in 2021 at 33.674 million tons, and it was the fourth consecutive year that saw export drop from year to year. The export value in 2022 reached US$39.28 billion (CPO, processed and derivative), higher than that in 2021 at US$35.5 billion. It was caused by the fact that the price
of palm oil products in 2022 was higher than that in 2021. Ten destination countries of Indonesian palm oil exports are China, India, USA, Pakistan, Malaysia, Netherlands, Bangladesh, Egypt, Russia and Italy. The USA rating as palm oil importer rose from fifth in 2020 to third in 2022.




With the realization of production, local consumption and exports mentioned above, then the local stock of palm oil is estimated to reach 3.658 million tons. Based on the growth rate of production and consumption, all those problems hindering the production increase should be tackled soon. The condition that has affected the palm oil industry during 2022 is predicted to continue affecting the performance of palm oil industry in 2023. Production is projected to remain stagnant, while the domestic consumption is projected to rise due to the implementation of the mandatory B35 program since 01 February 2023.

GENTING MALAYSIA BERHAD
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

RM’000

TOTAL EQUITY 11,929,030
TOTAL LIABILITIES 16,702,006
TOTAL EQUITY AND LIABILITIES 28,631,036

Cash and cash equivalents 3,043,708
Long term borrowings 11,223,120
Short term borrowings 894,024

Trade and other receivables 542,099
Trade and other payables 2,666,539

Current assets 3,797,105
Current liabilities 3,748,346

GENTING MALAYSIA BERHAD
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022

RM’000
CASH FLOWS FROM OPERATING ACTIVITIES
Loss before taxation (342,200)
Operating profit before working capital changes 2,102,077
Cash from operations 2,434,041
Net Cash Flow From Operating Activities 2,362,942

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment (653,034)



Dividends paid (848,700)


GENM Financial Information
Market Capital (RM)
: 16.330b
Number of Share
: 5.938b
EPS (cent)
: -8.76 *
P/E Ratio
: -
ROE (%)
: -3.93
TTM Profit Margin (%)
: -6.0
CAGR - Revenue (%)
: -
CAGR - PAT (%)
: -
Dividend (cent)
: 15.000 ^
Dividend Yield (%)
: 5.45
NTA (RM)
: 2.230
P/B Ratio
: 1.23

Chapter 20 - “Margin of Safety” as the Central Concept of Investment

A single quote by Graham on page 516 struck me:

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company.

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?

Chapter 20 - “Margin of Safety” as the Central Concept of Investment

A single quote by Graham on page 516 struck me:

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company.

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?

>>>>

telurgoreng

Wow not bad, total dividend payout for 2022 is 10.5% according to the latest report. The other day already paid 8%, now another 2.5%. It has been proven over and over again that this rubbish-see-crybaby-research is wrong. The payout dividend of 10.5% is extremely good, how many companies in Bursa pays > 10% dividend with their current prices?

5 hours ago
>>>>>

I like this telurgoreng's thinking.
Of course, the company sold an asset and it was good it returned some cash back to the shareholders as dividends. Are you expecting this level of dividend every year? Of course not. It is just the company selling asset to pay down debt (good), to reward its shareholders (good, especially if it cannot reinvest in the company for higher returns) and also for some working capital.

Many investment tenets remain true on many occasions. "It is different this time," seems to be the style of calvintaneng.

Price of CPO was rising, and sure enough, calvintaneng came out with his 10 companies for you to invest. The sad fact is many who got in invested their money at the peak, when calvintaneng was most enthusiastic. Probably, coinciding with the price of TSH at 1.70 or 1.80.

Chapter 20 - “Margin of Safety” as the Central Concept of Investment

A single quote by Graham on page 516 struck me:

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company.

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?

calvintaneng is all over the place. Just look at his haphazard promotions. Ridiculously unintelligent.

2022 CPO price climbed to the highest in end of April to beginning of May 2022.
Many plantation stocks enjoyed super profits. Many plantation owners likewise.

The CPO price is now back to US 4,000.

Let us look at TSH.

Surprisingly, its core earnings in 2021 was higher than 2022.
TSH sold assets in 2022, this monetization of its assets was good for TSH. It reduced its loans and also benefited the shareholders with a dividend (probably one-off), besides providing some working capital for the company.
ROE of TSH is 3%. (Not untypical of plantation business though).

Can never stop his speculating. :-)

Very good results announced by GENM.

Share price of TSH peaked at end of April 2022.

Similarly, the price of CPO peaked at end of April 2022 and beginning of May 2022.

TSH Resources Berhad https://g.co/kgs/PrNiU4


>>>>
https://tradingeconomics.com/commodity/palm-oil

CPO Price chart

>>>>>


Share price chart of TSH the recent years tracked the CPO price chart.

https://tradingeconomics.com/commodity/palm-oil

CPO Price chart

https://tradingeconomics.com/commodity/palm-oil

CPO Price chart

>>>>
Posted by MoneyMakers > 30 minutes ago | Report Abuse

As usual crazy mike (@Johnchew)/SeeResearch & their nonsense lies

Just silently cry better - see TSH rocket since 90sen/8sen div somemore

>>>>>


I saw calvintaneng promoting this when the price was 1.70 or 1.80. Now it is 1.08.

1. https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2017-08-21-story-h1451408710-TOP_10_OVERSOLD_STOCKS_TO_BUY_NOW_WHILE_STILL_VERY_CHEAP_Calvin_Tan_Res

2.
NETX


Everytime calvintaneng posts, I am reminded of his above promotions. ;-)
NETX

Short term traders are not wired the same way like those with long term portfolios. It is difficult to tell these short term traders what it is like playing long term in the market. It is not an easy transformation. Many may be frightened out of a long term commitment, especially early in their investing career, and never dwell long in the market subsequently, forever only trading in the short term. I can understand why.

Warren gives a good corollary: " How to describe to a fish what it is like to be out of the water? " You need to have a sucessful long term portfolio of stocks, to know how to play long in the market. Every doubling of your particular stock means a huge increment in the value of that particular stock through compounding over the long term. The law of compounding: 2 ... 4 ... 8 ...16 ...32 ...

Yes, your portfolio value does go down with the bear market. But the intrinsic value of the portfolio remains intact. Also, the dividends received mitigate these quotational losses too. When the market rebounds, voila, the trajectory remains intact

calvintaneng fails to explain how TSH can make an operating loss before tax after the one-off disposal of property, plant and equipment is excluded.

After the impairment charges, the next quarter results maybe "better looking".

Do look at the next quarterly result with a fine comb and carefully too.

Quarter Ended
30.09.2022
RM'000

Revenue 262,652
Cost of sales (168,028)
Gross profit 94,624
Other operating income 43,095
Other operating expenses (103,792)
Operating profit 33,927


Finance costs (11,012)
Share of profit of an associate, net of tax 3,286
Share of profit of joint ventures, net of tax 7,804
Core profit before taxation 34,005
Loss on foreign exchange (15,467)
Impairment of property, plant and equipment (25,466)
#NORMALISED Profit before taxation (6,928)





#NORMALISED Profit before taxation is after excluding the one off-gain of:
Gain on disposal of property, plant and equipment and right-of-use assets 301,367

TSH RESOURCES BERHAD
Registration No : 197901005269 (49548-D)
(Incorporated in Malaysia)
Condensed Consolidated Statement of Comprehensive Income
For The Quarter and Year-to-Date Ended 30 September 2022

Quarter Ended
30.09.2022
RM'000

Revenue 262,652
Cost of sales (168,028)
Gross profit 94,624
Other operating income 43,095
Other operating expenses (103,792)
Operating profit 33,927
Finance costs (11,012)
Share of profit of an associate, net of tax 3,286
Share of profit of joint ventures, net of tax 7,804
Core profit before taxation 34,005
Loss on foreign exchange (15,467)
Gain on disposal of property, plant and equipment and right-of-use assets 301,367
Impairment of property, plant and equipment (25,466)
Profit before taxation 294,439
Taxation 2,004
Profit for the period 296,443

>>>
Posted by BobAxelrod33 > 2 days ago | Report Abuse

You copied this theory from some Stocks investment best seller book??? Where have you been the past 2 years, away from Bursa??? Or are you just back from planet Mars?
>>>>


I was describing what happened to my long term portfolio.

Hope you consolidate your readings with my real life example. :-)

the hero of netx calvintaneng is so dishonest in his posts, it is truly remarkable he feels no shame continuing to post likewise.

:-)

Your investing portfolio value over the short term will be volatile. OTOH should your investing be right and profitable, your portfolio value should rise over the long term. Over the long term, you would have locked in a lot of gains on top of the capital you invested.

A long term investor remains unmoved by short term price fluctuations. In fact, it is not uncommon to experience a drop in a share price of 50% of so in one of the stocks in his/her portfolio. However, a severe drop in share price should be alerted to, but how an investor respond to this price drop (or even price rise) should always be focused on his long term investing philosophy, objectives, business of the company and its fundamentals.

A long term investor not only manages his individual stocks but more importantly, focus on managing his overall portfolio,, aiming to prevent damages. Once the downsides are taken care of, the upsides generally take care of themselves.

>>>
Posted by calvintaneng > 4 hours ago | Report Abuse

Ok the latest info from Nusantara land boom

At the moment land prices in Nusantara has climbed up to 350,000 rupiah per meter which is about Rm9 per sq ft

Still cheaper than lands in Putrajaya which is now over Rm150 per sq ft in prime area

The book value of Tsh 94700 acre land in Nusantara is only 13 sen psf book value

And 94700 acres are over 4 billion sq ft

If we only revalue Tsh land there to just only Rm1 psf it will be Rm4 Billions which is more than Rm2.50 cash per share
>>>>


So typical of this hero of NETX fame, calvintaneng.
His promotions are unlimited.
The last time after the change of government from BN to PH, and the railway line from the east coast to west coast was realigned, he too came out with his list of towns and companies that will benefit.

Investment is a process, after careful study, you aim to preserve your capital with a promise of a satisfactory return.

ttb did explain to his investors or business owners about the dual listing he was spending a lot of time on. I think he mentioned dual listing either in Hong Kong or Singapore. After much time spent, this did not materialised. Yes, the cost incurred and who finally had to carry the bill was not shared openly and came as a surprise indeed.

As a fund manager, is ttb different from many others? Yes and no. But, it is of course not much different from the others, in growing the Asset Under Management under him over the years through launching of many funds.

When iCap was launched as a closed end fund, ttb went round and promoted the advantages of a closed end fund. He kept the cost of listing very low for the initial investors' benefit.

Surprisingly, his later managed funds were open ended funds.

JohnD0ugh

For those who have been following ttb for the last 20 years, how do you assess his integrity?

JohnD0ugh

You appear like a spokesman for iCap in i3.

Do you know how many initial investors of iCap closed end fund who bought in 2005 are still holding to their stocks today?

Benjamin Graham: In the short term, the stock market is like a voting machine, in the long term, it is like a weighing machine.

From 2019 to 2021, calvintaneng created a lot of promotional noises on Netx. But the market cannot be fooled. The market will value a company based on its revenues and earnings, and cash flows.

Sadly, Netx is not a well managed company. Its market cap may not have changed much over the recent years, but the amount of dilution of its shares is definitely significant. A lot of capital raised by this company through right issues has vanished without much output noted.

>>>

whistlebower99

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

>>>>

This was also pointed out clearly to calvintaneng. Calvintaneng was too proud or blind to contrary comments.

My observation of the promotion of NEtX by calvintaneng from 2019 to 2021. calvintaneng, to show off to his supporters, followers and his whatsapp group, claimed he sold 8 properties to buy NETX in 2019.

Conclusion and lesson for all in i3: calvintaneng should have some humility.

It is Chinese New Year.

I am trying to be courteous.

calvintaneng of Netx fame continues to exhibit serious flaws in his valuations in many stocks. He has an uncontrollable behaviour in giving high projections to his promotions.

Look at the 10 severe bargain stocks he promoted in 2017 as must buys, what happened to these? How did he not be approximately wrong but was absolutely wrong? Might a monkey randomly picking stocks beat calvintaneng's performance in this 10 bargain stocks promotion in 2017?
Of course, ee hear calvintaneng of Netx fame bragging on Bonia and very silent on the other 9 stocks. The "silent nine". :-)

What about TSH? Once again, calvintaneng, the hero of Netx, talks about its undervaluation. By giving non-conservative assumptions, he projected a high intrinsic value for TSH, thus he jumped up and down, shouting TSH is undervalued. :-)

A value investor ALWAYS does his valuation using conservative assumptions. Having derived his intrinsic value, he will still be VERY HUMBLE, acknowledging that he maybe wrong in his assessment of intrinsic value, maybe wrong in the assessment of the company business or he might befallen on "bad luck" period. Knowing and humbling accepting his intrinsic value is also imprecise, a value investor only buy with a margin of safety, i.e. at a discount to his estimated intrinsic value. At times, a particular stock is priced so low, you do not need much effort to identify this.

I think the boy in the bumble bee story applies to calvintaneng, the hero of Netx, very appropriately.

Gladiator
Happy Chinese New Year to you and all.
Just look at the charts of his calls for these 10 stocks since 2017.
The prices have just gone progressively from the day he called these stocks till today.
The prices did not just go down because of the bear market.
The prices were following more the deteriorating fundamentals of these companies.

Share with us here your opinions if you think otherwise.

Should the hero of Netx rethink his incessant promotions?

0Maintaining discipline in stock market investing can be challenging, but there are several strategies that can help. One approach is to develop a clear investment plan and stick to it, even during times of market volatility. This plan should include your investment goals, risk tolerance, and a diversification strategy. Another strategy is to avoid emotional decision-making and instead rely on data and research to guide your investment decisions. Additionally, it can be helpful to limit the amount of time you spend following market fluctuations and instead focus on long-term trends. Finally, consider seeking the advice of a financial advisor or professional if you are struggling to maintain discipline in your investing.

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2017-08-21-story-h1451408710-TOP_10_OVERSOLD_STOCKS_TO_BUY_NOW_WHILE_STILL_VERY_CHEAP_Calvin_Tan_Res


Don't be like the hero of Netx. calvintaneng knows the prices of many stocks but it is observable that he does not know how to assess their values.

The hero of Netx, calvintaneng does not know that he doesn't know.

calvintaneng quotes widely from various sources giving impression of a learned soul. But a fool continues to make serious investing mistakes.

Is that an eagle flying high? :-)
>>>>>
calvintaneng

Price is what you pay

Value is what you get

Taann gave 40 sen dividend while hang-mouse only a miserable 10 sen

No wonder mouse so poor

1 hour ago
>>>>

https://klse.i3investor.com/web/cube/blog/blposts/www.eaglevisioninvest.com/calvintaneng?pub=N

Fools enter where angels fear.

>>>>
calvintaneng

The gold mine will be 94700 acres land in Nusantara

So while dividend is 8.5% or more can also expect extra cash pay out if any more piece of land is sold to unlock value

9 hours ago
>>>>>


My colleague bought a 1,500 acre oil palm plantation. Due to poor due diligence, 600 acres were on slopes too steep and poorly soiled for planting. They ran into cash flow problems and were lucky to sell off at a profi during a period when CPO prices were high and plantations in demand.

Today, with their experience, they bought another, replanted and due to good CPO price, are enjoying positive cash flow recently.

TSH has huge unplanted lands. Perhaps?40% are not suitable for planting. The rest will need capex and time to turn profitable.

Just like Karambunai, the opportunity cost of waiting can be severe.

It is obvious that I have a very long term portfolio of stocks. I started investing in 1993. In 1997, the Asian Financial Crisis occurred. The value of my portfolio dropped drastically too. Even before 2002, my portfolio already showed gained beyond the capital I invested. Since then, my portfolio continues its growth, abeit with volatilities in its portfolio value. It will require a very big fall in the stock market before my initial capital is threatened. In the long run, I am happy and confident my portfolio is protected on its downside with a potential for an adequate long term return. My investing time horizon is the remainder of my lifetime plus the lifetime of those who will continue this process onwards. :-)