Uncle KYY...!!!
https://www.malaysiakini.com/letters/473064

UP...!!!
https://www.marketwatch.com/story/the-stock-markets-progress-to-a-fresh-record-hinges-on-a-key-gauge-of-economic-growth-2019-04-20

Market Indicator...!!!
https://www.gurufocus.com/news/858021/warren-buffetts-market-indicator-eclipses-143-ahead-of-easter

Stupid But Lucky...!!!
https://www.ccn.com/zoom-ipo-stupid-investors-made-unrelated-stock-surge-54000

https://www.businessinsider.sg/warren-buffett-12-predictions-bitcoin-table-tennis-death-2019-4/?r=US&IR=T

https://www.irishtimes.com/sponsored/dyson/putting-the-dyson-v11-through-its-paces-1.3858388

Debt to Equity Must be Reasonable...For Asset Class...<2:1... others...<1:1...!!!
https://www.channelnewsasia.com/news/commentary/hyflux-perfect-storm-will-investors-get-back-cash-obvious-signs-11458774

Diversification are for...???
https://www.gurufocus.com/news/857139/buffett-on-diversification-there-are-not-that-many-wonderful-companies-out-there

A child can understand...what about U...!!!
https://www.cnbc.com/2019/04/12/billionaire-warren-buffett-greatest-advice-to-millennials-the-1-thing-in-life-you-need-to-prioritize.html

KLCI falls, led by Maybank as Malaysian bonds face downgrade risk | https://www.klsescreener.com/v2/news/view/517295

Total Liabilities~$2.95B against negative EBITDA...'KO'...!!!
https://www.straitstimes.com/business/pub-serves-notice-to-take-over-tuaspring-desalination-plant

Confirmation Bias...???
https://www.smh.com.au/business/markets/nothing-to-be-positive-about-welcome-to-the-world-s-worst-stock-market-20190416-p51eiw.html

Well...???...!!!
https://sg.finance.yahoo.com/news/dont-get-married-creatives-sim-wong-hoo-advises-budding-entrepreneurs-013605163.html

Failure~3 Biggest Reasons
https://www.cnbc.com/2019/04/16/tony-robbins-reveals-the-3-biggest-reasons-investors-fail.html

Meltup N Not Meltdown...!!!
https://www.marketwatch.com/story/blackrocks-fink-says-stock-market-at-risk-of-a-melt-up-not-a-meltdown-2019-04-16

Sales~Everywhere...!!!
https://www.dailymail.co.uk/femail/article-6922393/Dyson-launches-MASSIVE-sale-popular-stick-vacuum.html

Bull~Probably...!!!
https://www.marketwatch.com/story/donald-trump-the-stock-market-should-be-as-much-as-10000-points-higher-2019-04-14

Grandaddy Trade Deals...!!!
https://www.scmp.com/week-asia/opinion/article/3005930/us-china-trade-war-if-trump-and-xi-agree-grandaddy-trade-deals

Haha...DBS... Maybank...the others are KBC n ING...Well look out for any...Mispriced in Maybank lah... probably not as efficient as PBB n HLB... Calculated business risks...n Mispriced securities...are two crucial factors to determine whether you succeed or not...Price is what you Pay, Value is what you get...very short...but lot of analysis n wise undertaking...moving forward whether the business you invested can give you above average Return on Capital...in the long, long, run n...Not just less than 1 or 2...year... that's why Good Investing can be very, very, Boring...!!!

Momentum traders, Short Seller, Chartist, Outsider Shark, etc...love Noises n News...decide for yourself...Present Scenarios...!!!
https://www.bloomberg.com/news/articles/2019-04-12/imf-warns-policymakers-to-do-no-harm-as-world-economy-wobbles

Did we learn something or nothing from Olivia Lum's Saga...???
http://theindependent.sg/the-cautionary-tale-of-hyfluxs-olivia-lums-rags-to-riches-story/

Hahaha...VS no problem for long term investing... consistent n sustainable dividend policy, sometimes has bonus issue of share or warrant, slow n steady price appreciation...n volatility...probably due to volatility of earnings growth cycle in between 3 to 5 years period. The time was right when you invested before CNY...or probably now or never...!!! Overall total debt is well managed n sustainable...for manufacturing its EBITDA is always positive and its total debt is less than 4 times EBITDA...too much debt can bankrupt a company during recession or earnings is negative. Its cash n equivalent is always higher than long term debt. Unforseen circumstances can happen...just like Hyflux...because of projects cancellation, delayed n stalled due to low oil price...plus utilities earnings decline due to government policy. So never borrowed above twice of total shareholders equity, even it's a utility company. GL everyone...!!!

Total Debt above 5 times EBITDA...???
https://www.dealstreetasia.com/stories/hyflux-olivia-lum-130319/

Learning from this episode...!!!
http://theindependent.sg/bloomberg-writer-calls-hyflux-saga-a-tale-of-corporate-ruin-with-34000-victims/

The bull case for China stocks is sticking around | https://www.klsescreener.com/v2/news/view/513661

Solid South-East Asia growth seen despite risks | https://www.klsescreener.com/v2/news/view/513663

Macro Risks like commodities n raw materials price spikes, exchange rates fluctuations, interest rates plus economic risk like government policy that affect country GDP growth, trade conflicts, recession fear of demand n oversupply, these factors are naturally there for efficient management to tackle. That's why VS has long historical data since 1982...they already survived those boom n bust...N they are still alive n breathing healthily. That's why I don't suggest people buy IPO...unless it's born from its strong mother corporation. Stay invested in company that has long, consistent, n sustainable business model, that has a conservative earnings growth prospects...GL...!!!

Aiyoo...investing in VS...is about the Products... company are selling...if you happen to go shopping with your wife or girlfriend...you will notice many people viewing those products like Dyson vacuum cleaner, bladeless fan purifier, supersonic hairdryer...N these people are of younger generation...below 40 year old... professional...n mind you all races...these are innovative products or niche products. Defensive types of products cycle... recession proof...you don't tell me recession people don't clean their houses or don't use fan or hairdryer...!!! The crucial point is these products really so Innovative that those younger generation love them. Of course guarantee for production lapsed in specific model. Go outside n see, listen, n analyse yourself...before you commit with conviction...at present the price is still reasonable...But you never know how much profit VS is going to generate in 3 year time...who knows... probably with historical data... probably approximately correct...GL everyone...!!!

Storytelling...!!!
http://fortune.com/2017/09/09/james-dyson-vacuum/

Missed rally leads to consolidation | https://www.klsescreener.com/v2/news/view/512839

What will cause the next debt crisis? | https://www.klsescreener.com/v2/news/view/512845

Weekend reflection...VS...Volatile Slow n Steady Uptrending is always its fundamental characteristics all these years. Those who bought...@<0.80...probably could have 100%...capital return by Jan...2020...N those who want more should...Hold....for at least 2 years from that... Mispriced in Dec 2018...From normal analysis insiders who are running VS...day in n out...are accumulating...at reasonable price...Price is what you buy..Value is what you get...in the longer run...VS will probably benefit substantially with those uncertainty... trade conflict scenarios...So those MNCs...are negotiating with VS...plus other EMS in SEA... Singapore isn't cost effective...others in Philippines, Vietnam, n Malaysia companies will have greater advantage... provided PAKATAN need to stabilise economic fundamental n foreigners will be certain what they need to collaborate n execute their respective business going ahead. Good days ahead...GL...!!!

Huhu...FA whatever rumours already been suppressed...N prospects of good news in waiting... sentiment is positive...TA... Uptrending probably until May.....then consolidating... economic wise overall recession fear is subdued...n business environment stabilising in Malaysia... plus no future interest rates hike...more dovish sentiment...Shirt term treasury yield isn't in uptrend... liquidity flowing more into higher risk assets, equities...Only slight concern is trade conflict...but it will be resolved...but only up to certain degree...more than 80%...on the upside for equities markets... especially in emerging markets....GL everyone...!!!

SC Must take Action...So many Red Chips in SGX also got suspended...all these are corporate sharks...wearing Emperor clothing...Create false cash flow n liquidity...!!!
SC raps China-based CSL, Xingquan and Maxwell for beaching laws | https://www.klsescreener.com/v2/news/view/509761

Huawei urges US to drop loser's attitude as carrier business revenue slips | https://www.klsescreener.com/v2/news/view/509719

Yellen sees no US recession, says Fed won’t cut rates in 2019 | https://www.klsescreener.com/v2/news/view/509741

Hehehe...VS present scenario...90%...the trend is on the...Upside...risk of downside is quite minimal...unless there is an unexpected or unforeseen events worldwide...Any good news...its Price will move upward...Patience...Pot of golds are won on waiting n sitting...where people don't like you...n you aren't famous...N not on excitement...where you are surrounded by friends...some are neutral, some are jealous n some are wicked...n probably some will support you...So where are you anyway... hahaha...GL everyone...have s nice weekend...!!!

Fundamentally Superb...!!!... Uptrending...!!!
Automation helps Top Glove trim foreign labour by 20% | https://www.klsescreener.com/v2/news/view/509563

Ha...Valuation isn't 100%...@<0.80...probably net present value...Undervalued... provided you know VS...will have better sales, consistent margin n profit going forward...@0.80~@1.20...Fair Value...PE 16x...above buy less...Put Value... Intangible... probably not above...@20x multiple. Some many variables to consider... interest rates...WACC...etc...!!!

Hahaha...Uptrending...probably for 50 days...of course climbing upstairs...need some rest in between...then consolidating...then new catalyst...to Shangri la...GL everyone...!!!

Ha...well even Sifu Lynch... become so tired n retired after 13 years...in the most successful mutual fund in the world... Magellan... average ROI...29%....at the end of the day... people will still go back n be more practical n humble...the most difficult investing journey... analysing of sustainable business model selling products that everybody like to buy or services that people like to use...in a long, long, run...the oldest business the better. I see few still alive...luckily in Bursa...still living healthily after more than 100 year old... Nestle, Carlsberg, n Heineken...!!!

Ha... Usually I don't give a damn all those noises...dirty my eardrums...need to go up mountain...n clean with spring water...!!!....Go more into VS...micro...its business development, its management team, its products transition at present trade conflict scenarios...Only China subsidiary has problems...I think management is experienced enough to tackle these challenges...going forward. Insiders are substantial shareholders...n they invested substantial amount... including their closed families members. Plus management SBB...these already gave Outsiders peace of mind. I have been reading its financial statements yearly...CEO words always think of shareholders' benefits in the long run. I think the next earnings growth will be exponential...this year will be flat...n year 2021...will be around 20%... follow by average growth. The rest you analyse...GL everyone...!!!

Stocks mark time as US-China trade talks loom | https://www.klsescreener.com/v2/news/view/508531

Goldman joins chorus warning against yield curve panic | https://www.klsescreener.com/v2/news/view/508297

Hahaha...top investors only look beyond present momentum...such as these...they will take calculated risks...to analyse company products, earnings, debt, corporate governance, past, present, n most important future financial statements...Of course it's like a thesis...you will earn your professor degree...when you succeeded...you don't need 20 punch cards...try doing few that are successful...n doing less that are unsuccessful...still have a long n crowded journey...!!!

Aiyah... people still don't understand...at the end of the day...there are only less than 3%... wonderful companies in Bursa n even in NYSE...even Sifu Lynch...only focus n Invest in less than 3%...out of more than 3,000 in NYSE...!!!

Aiyoo... don't show off with all those cars...I follow Sifu Buffett...still driving my old car... depreciation n amortisation...where got increase in Value...!!!...Unless my wife got tired of me... probably that will be her idea...if not you better prepare to sleep on the sofa... hahaha...!!!

Aiyah...my advice for most people... especially the younger generation...to mix with people better than you...learn their good habit...n slowly you will drift into that good direction n habit. Probably it will give you less popularity...but in the long run n at the end of the day...you will benefit a lot n you can judge things with more confident. The crowd agree n not isn't important...you need to do your homework thoroughly...n invest with conviction. Don't waste time...with your hardwork n invest too little...GL everyone...!!!

Present scenario wise... should thanks President Trump... where suddenly free trade agreement...or the world is flat...become lot of hills...those MNC with their niche products...will look for top EMS in SEA. Since VS is a leader n vertically integrated OEM/ODM...those guys will negotiate with VS. Other smaller players...will probably become sub-contract or if they are fully integrated...can have full contract on certain products. VS earnings growth prospects is superb...I think those who are here...be patient...stay invested...just wait for your pot of Gold... GL...TQ.

Hahaha...VS...90% of its products are consumer...n around 3 years of products cycle...So we forecast practically around 5 years forward earnings growth prospects. To be frank I only look for yearly report... half yearly down 10%... that's not right...how about the next half... probably an increase of around 5~10%...full year EPS. Last year EPS dropped less than 5%. For normal business environment...other than recession...normal EPS decrease of 5~10% is okay...but not more than 2 years. I see there is a very good chance that's earnings will increase more than 20%...fiscal year...2020~2021...n around...@>10%...2022...then probably its products cycle will repeat...but probably they can stabilised earnings in advance...moving forward on new products n contract extensions. Overall revenue increased...its net profit margin must be consistent around...@5%... that is important. GL everyone.