Interesting for you to say that. Maybe you should give me an idea that doesn't build upon someone else's idea. As if boom you born into this world with your own original idea. Felicity doesn't refer to someone in his blog doesn't mean he thought out everything on his own right? Like everything just appear suddenly.

oh by the way, musingzebra is full of investment theory. I welcome you to tear them apart.

Would you go around asking everyone who agree with what David wrote to state their reasoning why they agree? If you didn't then why would you require anyone who disagree to state their own reasoning?

Oh musingzebra is infomercial, I disagree. Should you state your reasoning just so I don't consider you a troll? I have a problem with troll too. Calling musingzebra as infomercial WITHOUT STATING REASONING definitely has zero value to the public.

Keep it easy, someone said Dayang is a buy, someone else disagree, that's it. If one have problem with a person's attitude, that is your problem, not the market's problem.

Never said every investment is bad in my eyes so don't put thing in my mouth okay?

Didn't know you have a question for me Connie.

Didn't know someone can talk down just because they have credibility. Classical ego.

Talk down as in like saying 'Ah, no wonder you know so little. '?

I didn't know you need credibility before you can disagree with someone.

Nothing wrong asking for opinion. Just curious what are you going to do with those opinions.

I don't get the purpose of this. Would you quit if you get 0 like or would you declare I'm a sincere man if you get 1 mil. likes? If you're writing for sharing, then that's it. What other judge you is irrelevant.

The problem with many latecomers is, well, they FOMO.

The problem with many latecomers is, well, they didn't know they're latecomers.

Bang, it only cause a stir as much as you are unable to think critically.

If someone uses his writing to measure others i.e IB, you can use that writing to measure the author himself as well. The latter tend to reveal more about the author himself than what the content is telling you.

All sour grape disappear , some sour grape U TURN his wind , sour grape you know you very so hai or not . 低然你死啦 sour grape 穷鬼 ，十世都看你不起啦 . Sozai 鄙视你 sour grape 。 - How bad have you internalise your own position with your own identity?

Lesson: how not to do extrapolation

It is funny how most people here thinks and operate. When something goes against their self interest i.e IB cuts Dayang's TP, they demand more regulation, SC investigations. But when IB's action align with their self-interest, they would happily keep quiet as if all is great and there is no foul play.

Talk about fair and moral. Those loudest are ones that lack the most.

This is what we call fitting reality into own's mental model to justify own's belief.

When the stock price goes down, you got BS justification like correction is healthy, flushing out weak players; when price goes up, you got even more BS justification like this is the beginning, PE10, cheap valuation, good fundamentals. Why are these BS? Because you can always win. Anything that cannot be refuted is as good as being worthless. Or just plain BS.

By the way, my posting on 8.07pm says nothing about where Dayang share price will be in few months time. You're missing the forest for the trees. Talk about kayu pulak.

@Riverofsilver, be my guest any day. You're welcome to remind me any time. I stayed in Hengyuan's forum on its full course. And just to be clear, I say nothing about Dayang's valuation or future potential, and I'm not spouting wisdom, I'm just observing irrationality in crowd behaviour. Besides, if I am to spout wisdom, it is wisdom about knowing what you don't know, something the crowd require in big dose.

Forum is not a fan club. You should spend more time on conflicting, negative opinion, than being drowned in information asymmetry that rewards confirmation bias.

"No need for anyone to be God to know this. Just need to be an intelligently thinking investor with a properly functioning brain."

If everyone know this it means it is a consensus, means it is already baked into the price, which means you have nothing to outperform the market. So the same sentence goes back to your first level thinking - please be an intelligent thinking investor.

That is some weak investment thesis

Cocaine brains outnumbered sour grapes

The short-term investor asks questions in the hope of gleaning clues to near-term outcomes: relating typically to operating margins, earnings per share and revenue trends over the next quarter, for example. Such information is relevant for the briefest period and only has value if it is correct, incremental, and overwhelms other pieces of information. Even when accurate, the value of the information is likely to be modest, say, a few percentage points in performance. In order to build a viable, economically important track record, the short-term investor may need to perform this trick many thousands of times in a career and/or employ large amounts of financial leverage to exploit marginal opportunities. - Marathon Asset Management

RUG is actually come from cool eye's book. - Cool eye ? Total fail

@pjseow you got it completely wrong. It is not because IB's authors are newbies, it is because predicting quarterly EPS is extremely hard.

Put it another way, they can't predict well not because they're stupid and you're smart, it is because reality is complex. You happen to believe you're better than IB because the price agrees with you, but it says nothing how good you're.

P/S: 3 successive qtrs are not 'proven' recovery. That is law of small number.

Someone who is excited about the price movement in past few month yet talks about fundamental obviously has a delusion that confuse his identity between a trader and an investor.

EPS x PE10 has never failed to ignite people's imagination and delusion. With 2 quarters of earning growth, PE of course turn ultra low, and you see people selling PE10 story, once the next quarter's earning evaporate i.e Hengyuan PE turning 59x, everybody sings a different tune.

An irony to talk about intrinsic value or fundamentals when 99.9% people who bought Dayang are speculating and not holding beyond 6 months.

Can see ppl panicking here...

A high potential stock on the basis that Grab might use Cuscapi's product without any evidence?

Words to use when you want to convince someone of your investment ideas:
1. Margin of safety
2. High potential
3. Multi-bagger
4. Low PE (negative PE, lagi best)
5. Explode
6. Breakout
7. Inflexion point
8. Billion order book

Exactly, Nestle is $147.80. SAPRG only $0.365. Potential 40,000 bagger.

Remember this loh: Hengyuan was once rumoured to have an NTA of RM90

KYY's rule has nothing to do with the value of a business

Not talking about you Icon8888 lol. All good.

Congratulating each other on speculative profits is like saying "oh wow you run the traffic light and got here earlier than everyone else, well done! do it more!"

Icon8888, that is not true, I am indifferent to bull or bear; restless is a bad time to make decision.

Well of course, your $15 million is bigger than any theory (include E=MC2)

You're right. You should stay quiet instead of calling everything textbook theory when you don't understand the theory itself. I know I know, you will say so much theory can make money or not. Nonetheless, it is amazing someone can dismiss a theory as useless when he didn't understand it in the first place.

Oh wow Connie, if you can find a shred of evidence that I bad mouthing someone or anyone on i3, I'm happy for you to create a blog post here. I don't personal attack like you. No one ever say value investing is about holding long-term, I think you shouldn't be checking on i3 that often, or read carefully.

Put it simply, if one day you managed to use your wealth to stop someone from writing, let me know.

Value investing never say anything about the holding period. While it might be true for you owning quality companies to hold for 10-20 years, for value investors owning mediocre companies adhering to that is suicide.

I am happy to take someone that write with substance any day then hogging how much his stocks has earned. Telling me how much one earn has zero value to me.

Why do some elderly loves to tell people like how much is their portfolio? Imagine Bezos going around "Hey, I got $80 billion, what do you know?"

You shouldn't be sick of anyone, it is differing opinions that makes a market right? Thanks for the invite, let me think if I should buy a flight ticket to learn some life lessons.

When someone start doing personal attack, you know he already lost the plot.

"i boarded HY at rm7 would have sold at 9 10 or 11, i ended up sold at 17 18, not to boast around but what i am trying to tell is just follow your guts feeling and valuation etc instead of listening to his lecture. "

I know you are definitely not boasting, because nothing to boast when you buy things on gut feeling. If anything, I am worried.

When everyone is overconfident on a stock, it also has the biggest negative expected value.