Why like this stock so much ? No moat

stirring ...

I don't own this stock so I have no incentive to investigate in depth

the problem with this stock is that nobody (in this forum) does a detailed analysis

a lot of broad concepts by sslee, Philips etc

but many things said later turned out to be only partially true or need to be qualified

as good as no analysis



Lukey_Greek The feedstock of the new plant is oil compared with their existing plant which use gas. Margin is much thinner. Hence, the profit will be volatile depend highly on oil price movement.
29/01/2020 12:32 PM

Lukey_Greek Another reason of the cheap petrochemical price is due to raw material using by products of shale gas. Plant using oil is hard to compete.
29/01/2020 12:36 PM

maybe need some patience

things are messy now

watch out for coming Q

it is winter in North Sea

In other words lack of moat

the petrochemical industry in my opinion is a bit similar to steel industry nowadays

It is hugely influenced by supply from overseas (especially new plants capacity), that diminishes it earning visibility

Very difficult to predict prospects both short and Long term

?

Thought you are a long term investor ?

Surprised it drop so much due to virus

Why ?

My average cost RM2.63

If you don’t dare then you better shut up

It is true you can’t say that for other stocks, but I am comfortable enough to say about this stock

Basically it is a Stock I can throw aside and not monitor it for one whole year and can sleep well at night

Mostly because it is a bank stock

Can’t say the same for any other stocks

I repeat “I won’t lose money on this stock”

You want to bet ? Let’s bet RM1,000 for a two year period (which is a reasonable period for investor).

Do you dare to bet ?

I dare

Drop more buy more

But most people mood swing up and down following the price

They are fools with no independent thinking

I will never lose money in this stock

This , I am very sure

Because PBR and PER is low

As simple as that

Please drop more

that is the problem with buying high PE, the moment earning shrinks a little bit, PE meltdown

3ii Dutch Lady becomes dead Lady

My gruesome armada rose from 23 Sen to 50 Sen

Will buy some at RM20

As shown here in this thread, most people lacks independent thinking

They are bearish if price goes down (even brings out working environment of alliance bank to discuss)

But I like them

It is exactly because of their existence we can make money in stocks

A million thanks

After a series of bad quarters, Philips is much much more humble nowadays

No more “I hope you learn something (from me) today” after every comment

So refreshing

it is a golden opportunity to buy

you can be negative and bitch non stop, or you can jump on the opportunity to benefit yourself

time will tell who is right who is wrong

Oh my god back to 2015 price

This year not easy

Can make 10% not bad already

I bought tsmc at 42, it is now 60

Hari Hari naik

Sexy little fellow

firehawk small heart. Still angry with me after I refuse to feed him
Info like a baby

Looking forward to more selling

Time to buy more

FY2021 earning should be higher than FY2020 since turnaround is expected by coming second half

Mr potato , management are expecting earning to recover by next two quarters

“For 2HFY20, we are expecting it to be substantially better than 1HFY20. But, it will not be enough for us to have an improvement against last year. We would be significantly down because of the first quarter credit event with one large client,” said Kornreich.

https://www.theedgemarkets.com/article/alliance-bank-revises-down-two-kpis-fy20-credit-losses

Mr potato , management are expecting earning to recover by next two quarters

“For 2HFY20, we are expecting it to be substantially better than 1HFY20. But, it will not be enough for us to have an improvement against last year. We would be significantly down because of the first quarter credit event with one large client,” said Kornreich.

https://www.theedgemarkets.com/article/alliance-bank-revises-down-two-kpis-fy20-credit-losses

Please drop below 2

Please

Don’t get distracted by other nonsenses

Mrpotato

Follow KYY golden rule : buy stocks that next year earning is likely to be higher than this year earning

Why fix something that is not broken

For example : don’t buy Nestle at 50 times PE

Yes, avoidance of loss is important

But don’t over do it

ABMB please stay there 260

RM15 I sell MPI and switch to you

13 very soon

Hou sai lei oh

Pray price stay low for one more year

I want to buy more after selling off my other stocks with profit

Post removed.Why?

second level thinker.

LIKE

OTB last time didn’t buy because the tree was still a sapling

Now it’s fruits are hanging Low

So he moves in to harvest

Like that also don’t understand

Because your brain is full of toxic

Come to think about it the Temasek factor is the reason I am so comfortable

If some other companies got sold down like this I will be alarmed as there might be something rotten inside

But for stocks like Alliance Bank (and CIMB)， I know this is unlikely the case

I just know it

It is the feel

Outliar it is difficult to explain

I think I can feel ABMB

When I own a lot of it, I feel very very comfortable

I can tell myself that I 100% can make money out of it, not over a distant unknown future, but THIS year

Maybe because it is a bank stock, which I know is regulated by BNM, which ensure no hanky panky even in the worst of time during Naxxx government with his hands everywhere. They are too important to fail as it will drag the economy down

Banks also have a captive market. In a certain sense they just sit there and make money

I have always like banks. The only thing is that all this while non is available for sale at attractive price

Now ABMB is here at 260 , so I jump on it

As for petronm, whatever you mentioned is not wrong. But my feeling is that I don’t understand enough of it. Fear of the unknown is the primary factor behind me not willing to punt big beyond certain size

With ABMB, I don’t have this fear

Tom is only good at condemning people

Spreading toxicity everywhere

People like this must be pretty messed up in real life