but... who says it is SKIN ?

dumb dumb hold wait for RM80

now we know why PNB has been selling non stop past few months

they are disposing to Zeti through open market


Posted by John Lu > Jul 22, 2019 9:44 AM | Report Abuse

Zeti goreng

be patient

TP RM80

zzzzzz

zzzz

Meaning you are no more angry at qqq3 ?

: P


Hope everyone learns something, no point to visit past animosity and trapped yourself in the past.

I suspect so.... PNB is pushing up the stock so that they can cash out ... at RM80...

I heard...

Me too. I benefit a lot from Philips wisdom (and OTB, KYY, KC, even newbie SSlee, etc... everybody has something I can learn from)

But doesn't mean philips has to be so arrogant


Posted by Ayoyo > Jul 21, 2019 10:44 AM | Report Abuse

We should consider ourselves blessed by the many collected wisdom in this forum.... I find Phillip to be a breathe of fresh air in bringing a different perspective to a business dominated by numbers that seemed more confusing than convincing

Apparently 7 morning 8 morning winning arguments is important for Philips

Probably because he thinks he is the best and he knows all

Yes do all that... but backed it up with good actions and kind deeds

Then nobody will say a word about you



Posted by Sslee > Jul 21, 2019 9:57 AM | Report Abuse

Dear Icon8888,
In religion you suspend your reasoning and believe salvation can only be done thro' Jesus.
Thank you

Calvin thought if he says some religious words he can go straight to heaven

7 morning 8 morning already started quarrelling

Winning arguments so important meh ?

boilermech profit shot up much faster than revenue growth

Sustainable ah ?

Sure it is not spoilermech ?

It does not have to be 10 times

That is not my point

My point is that when come to controlling stake, don't take market value as the realisable value

In most cases, controlling stake carries a premium. But in this case, it becomes a liability as unlike a portfolio stake, you can't realise it's value by unloading in market


Posted by Sslee > Jul 20, 2019 3:44 PM | Report Abuse

Hahahaha,
Mr. Market is like Donald Trump keep changing his mind. So I am more interest to know your thought process why you give Inari PE of 10. I am trying to learn.

Thank you

Mr Market gives inari 30 times PE one year ago

Now we know Mr Market was wrong

Because PE has shrunk to 20 times

So, dont tell me to blindly follow Mr Market

He can change his mind pretty fast

When come to investing, Second level thinking is very important, you know ?

I am being very very diplomatic here

people will only pay premium if they see value

In Inari case, is there value at 20 times PE ?

Maybe not

So let’s not even talk about premium, it is discount or no deal as far as strategic stake for Inari is concerned

So how ? 80 or 30 ?

————

Stock: [HTPADU]: HEITECH PADU BHD
Jul 19, 2019 1:58 PM | Report Abuse

ambitious guy. i like it. dream big, that is how you success.

———


cheoky greedy is not good. be realistic. RM30/share. this is mini myeg, aint amazon.
20/07/2019 12:19 PM

But this is not end of story. The same methodology should be applied to its other so called marked to market assets.

Once we complete the process, we will have better feel of it’s intrinsic value

Inari existing market cap RM5 bil

Based on historical earning of RM250 mil, it is trading at 20 times PE

If you are a venture capital, do you dare to take control Inari by buying the stake at 20 times PE ?

Maybe not, in view of the fact that Inari is considered a mature company

Maybe 10 times PE they will take it

That means the 20% stake is worth RM500 mil instead of RM1 bil

That means insas net assets = 1882 mil less 500 mil = 1382 mil

Divided by 663 mil shares , realizable value is RM2.08 per share

Well, not bad.

I believe this is a better gauge of insas intrinsic value

zzzzz

If the 20% inari controlling stake is put up for sale at current price, will there be a buyer ?

If the answer is yes, insas is indeed undervalued

If the answer is no, maybe it is not so undervalued after all

I like margin of safety

But margin of safety based on earning, not margin of safety based on asset play

RM75

You are right, I will cash out at 75

The sooner you realise this the less 冤枉路you travel

Pick stocks based on earning

assets play does not work

Ask calvintaneng how he almost went bankrupt punting assets play

3iii buffett wannabe everyday acts high class

But dinner eats grass

67 stock

zzzz

dropped from RM3+ to now 40 sen ?

Told you already TP is RM80

Target price revised up from RM30 to RM80

RM6 bil myeg + RM2 bil prestariang (before SKIN cancelled) = RM8 bil

Divided by 100 mil shares = RM80 target price

target price RM30

please read our previous comments and discussions



PH777 Dividend RM30?
19/07/2019 9:38 AM

On the way to RM30

lailiao lailiao

Armada needs to deliver good earning

If can deliver , 40 Sen no problem

They sub it out to different fund managers

As Long as can make Money

You can call it investment , trading whatever

Ok ok don't be so worked up

Punt is just a fun language I use

Come raiders let's punt some armada

Drag your sslee with you

KYY formula not wrong

But he himself mess up the implementation Loh


Posted by stockraider > Jul 16, 2019 9:28 PM | Report Abuse

U look at all the KYY stocks, ask yourself, which one, sustained base on test of time, the answer is none loh....!!

I think sslee way, has improved the investment odds alot mah....!!

Focus on earning growth

KYY original formula

Don't be distracted

You slot in a one liner to claim insas is an earning play

Then you spent 99.9999999999999999999999999999% of your article to talk Assets play

Who would be convinced it is an earning play ?

When in Rome do as the Romans

People like earnings play, you talk Asset play

Of course share price won't move lah

Don't believe in Asset play

Will die standing

Ask calvintaneng

Share price is mostly driven by earning

Uncle Koon original formula : buy stocks that next year earning is expected to be higher than this year earning

It is the best, try it out

As safe as arbitrage