Posted by apolloang > Nov 17, 2017 12:17 AM | Report Abuse
KEN PE below 5 only,profit so good why only 92cts???


The E in this PE is just the last year earnings. But investing is about the future. There are a few things one has to examine this E, such as,

1) Will earnings still the same next year?
2) Is this E consistent?
3) Is this E real earnings from operation, or result of one-time off item, such as sale of land, property?
4) Is this E result of booking of profit but sales not 100% concluded yet?
5) ETC. ETC. ETC.

Investing should be made simple, but not simpler.

Posted by 3iii > Nov 14, 2017 02:00 PM | Report Abuse
Keeping track of the cost of initial and subsequent investments, the dividends received and the final value of your investment can be laborious.

kcchongnz
Can you share a simple way to keep track of these in a portfolio?
If you are not free to do so, it is understandable and alright too.
Thanks in anticipation.



I have posted a simple sample calculation of returns as shown in Table 2 in the article above for your information.

Posted by Danny Phua > Nov 14, 2017 07:39 AM | Report Abuse
Sorry im new.. what is ref price and adj price?

Over the years, stocks pay dividends. Some stocks had bonus issues, stock split etc. Hence to get the true return, all these must be accounted for and share price adjusted to calculate return.

The price adjustments were obtained from the historical daily share price published in Yahoo Finance.

Posted by Hengyuan: SEXY BABE RM21! > Nov 13, 2017 01:47 AM | Report Abuse
kc, how we know whether the results are result of good stock picks, or result you asking your subscriber to buy, which creates some upward pressure to prices. How about showing a 5years ago track record. Stock u recommend 5 yrs ago, and still holding well now???


First of all, I do not have a lot of subscribers in my stock picks and I have absolutely no clout at all in Bursa. I am just a small time retail investor. My sharing won't move the market, no chance, and I do not hope so too.

Established track record I think there are as I have shown two portfolios 4-5 years ago as shown in the link below.

https://klse.i3investor.com/blogs/kcchongnz/127825.jsp
https://klse.i3investor.com/blogs/kcchongnz/127444.jsp

The returns of each portfolio is triple digit. You can see how many of those stocks are still holding very well, if not continue to appreciate.

More importantly, look at the few losers, their losses were minimal.

"Take care of the downside; the upside will take care of itself".

Posted by Micht > Nov 12, 2017 04:56 PM | Report Abuse
OH MY. Mr chong has adopted the momentum investing!!! This is unbelievable seeing how he maintained his view over the last few quarters even coming out with articles to compare or denigrate others. Anyway, willingess to change or adapt is the best attitude in life. The faster you adapt, the quicker you gain. God Bless Mr Chong and hope to see more of his articles. Informative and helpful.


Thanks for your post. But no thanks as I am happy in my own way of investing, and I have not changed a bit. I am not a fan of "momentum" for your information.

I am not sure you understand what "denigrate" means by saying that "This is unbelievable seeing how he maintained his view over the last few quarters even coming out with articles to compare or denigrate others."

Can you show me where, when and how I "denigrate" others, please!

Posted by stockmanmy > Nov 1, 2017 12:11 AM | Report Abuse
your maths formula cannot pakai,
its your attitude
you approach investment like a pasar malam
looking for the cheapest product...and getting the lowest quality product.
no wonder you cannot be super investor.



Posted by godhand > Oct 31, 2017 11:23 AM | Report Abuse
And may i ask u how do you identify if a company is good or trash, consistent or not consistent, possibility of giving good dividend in the future or not, high risk or low risk, discount or overvalue. There's only 1 way stripping out numbers in the annual report and tabling numbers.

Please stop talking about future. Talking about future is assuming and assumption bears risk cause u duno shit. Unless you are god.
Focus on things u can touch, feel, see, trust, wether u like the product or not is more important coupled with strong FA of the product produced by the company.

Posted by stockmanmy > Oct 31, 2017 08:30 PM | Report Abuse
Dyson got lots of listed contractors in Malaysia but VS seems to always get all the best contracts.

ME: WHERE ARE YOUR EVIDENCE ON YOUR STATEMENT ABOVE?
BEST CONTRACTS? HOW COME ITS NET PROFIT MARGIN IS 15% BELOW THAT OF SKPR WHICH I HAVE SHOWN YOU?
SO HOW DO YOU DEFINE "BEST"?


This you would not know from his maths formulas.

ME: THOSE NUMBERS WERE USED TO ANALYZE HOW GOOD A BUSINESS IS.
HOW CAN YOU CLAIM YOU ARE A "ACCOUNTANT" WHEN YOU CAN EVEN FATHOM SOME ACCOUNTING FOR BUSINESS?

But you will know if you got good intelligence and good research on the ground
ME: TELL ME WHAT YOUR "INTELLIGENCE", OR YOUR "GOOD RESEARCH" IS ALL ABOUT.

Hi self-proclaimed accountant (I am increasingly and highly suspect you are an accountant as claimed by you).

Good points from you. Appended below are you comments with mine in CAPITAL LETTER.

Please enlighten us on my comments.


Posted by stockmanmy > Oct 31, 2017 10:11 AM | Report Abuse

so is investment a maths problem to be solved? or is it about business and management?

IN MY ARTICLE, I DISCUSS ABOUT THE PAST, PRESENT AND POTENTIAL FUTURE GROWTH OF THE COMPANY. I TALKED ABOUT HOW IT MAKES MONEY, FROM THE CAPITALS IT EMPLOYS. I DISCUSSED ABOUT HOW EFFICIENT IS ITS BUSINESS; MARGIN, ASSET TURNOVER, LEVERAGE IT EMPLOYS ETC. I ALSO TALKED ABOUT WHAT IS THE HEALTH OF ITS BALANCE SHEET, CASH FLOWS ETC.

FURTHERMORE, I DISCUSSED ABOUT ITS VALUATIONS IN RELATION TO ITS PEERS, USING ITS PRICE NOW.

AREN'T ALL THESE ABOUT THE BUSINESS, AND HOW ITS MANAGEMENT HAS PERFORMED?

I WOULD LIKE TO HEAR YOUR SIDE OF THE STORY, YOUR EVALUATION OF THE BUSINESSES OF BOTH THESE COMPANIES, AND THEIR MANAGEMENT. PLEASE!


is it about buying the best business / management or about the buying the second best ?

IN THE ARTICLE, MY POINTS OF VIEW ABOUT WHICH IS A BETTER BUSINESS IS HOW MUCH RETURN THE COMPANY GETS FROM THE CAPITAL EMPLOYED, CASH FLOWS, EARNINGS, AND WHICH BUSINESS IS CHEAPER WITH THE MARKET PRICES NOW.

SO HOW DO YOU DETERMINE WHICH BUSINESS IS "THE BEST"? WHICH MANAGEMENT IS "THE BEST"? PLEASE!

is is about buyer the cheaper option like in a pasar malam ?

WELL, IF YOU THINK BUYING A SIMILAR SHIRT AT RM1000 AT AN UPMARKET SHOPPING MALL IS BETTER THAN ONE AT RM10 AT THE PASAR MALAM IS BETTER, I CAN'T HELP YOU. AFTERALL, YOU CLAIMED TO BE AN "ACCOUNTANT".

is it homogenous product or about heterogenous product?

CATCH NO BALL OF WHAT YOU ARE TALKING ABOUT HERE? A HOMO PRODUCT?

since every company is different , when KC treats it like it is a commodity / homogenous product, .......well...you will get the inferior product/ company.......comes with the way you approach investment.

THESE TWO COMPANIES ARE CLOSE PEERS. IF YOU NOT HAPPY OF MY WAY OF COMPARING THEM, LETS HERE WHAT YOU SAY. PLEASE!

Good points.

However, Opinions are subjective. I prefer objective stuff like numbers like ROE, ROIC, growth rate, cash flow, health of balance sheet etc.

Anyone can say anything, and can have his own opinion. But numbers don't lie.



Posted by Hengyuan: SEXY BABE RM21! > Oct 30, 2017 06:00 PM | Report Abuse
both are good.

The golden question is why mkt giving better valuation to VS?? Is it valid? Or SKPRES might play catch up?

The higher valuation for me make sense, because you as customer can get one stop solution from VS now, many things they settle for you, where SKPRES is still working on tht.


Imagine VS can be like FOXCONN, solution one stop for customer. even acquiring Sharp for LCD screen, thts the kind of strength needed.

Another point is technical know how. Do they have same level of technical exp? or is their engineer better than SKPRES etc, all these need to be answered.

VS serve various type customers, SKPRES majority one customer, few products only. So VS in a way more experience and has more know how on different products for me

Posted by VenFx > Oct 29, 2017 07:45 PM | Report Abuse
Hope kcchongnz may look into its EMS-vi peers eg. Uchitec / Pie / EG / Denko as the sector has more legs till 2020


Those mentioned above may have good potentials but I think none of the above has the visibility of high growth as those of VS and SKP Resources.

It is good to attend AGM and voice your opinion as a shareholder. But bear in mind that management is entrusted to run the company, to do capital allocation etc. for the benefits of all shareholders. That is what they are there for. And I only invest in the company if I think the management does exactly that.

No credible management should give in to some shareholders who demand for all kind of things, higher dividend if the management believes they have better use of the money, useless bonus and "free" warrants etc, as this costs money as fees to investment banks, if there is no necessity to do it.

The management should know better how to manage the company better than someone who just put money in the company and ride on the success.

A good management team should be able to resist unproductive institutional imperatives.

That doesn't mean, as a shareholder, we can't voice out our opinion.

Posted by mamakspecial > Oct 10, 2017 12:04 PM | Report Abuse
there is no right or wrong..but i think sendai is not as bad as sapura energy la...i heard a guy keep topping up it from rm4 plus to now..he keep averaging down even though oil price was freefalling.
Should you do it with sendai..the only answer is no one knows...is this price the bottoming price and you managed to average it down and maybe profit from it??
Happy investing.


Seriously, players in Bursa should also think about the value of the share, rather than only the price.

Posted by moneykj > Oct 8, 2017 01:56 PM | Report Abuse
How many times Kc had written articles about Sendai. Restless tries, what's his intention?
My second round for this counter avrg at 1.08. Tak takut langsung.


Luckily you did not take 50% margin finance. Otherwise you would have got friendly margin call from your broker when the share price dropped to 80 sen last week,

So what do you think is my sharing on Sendai here?

Posted by kevin008 > Oct 8, 2017 12:15 PM | Report Abuse
follow big 'shark' macquarie bank never wrong..u think they stupid one invest in those company u think high risk haha..or like those just think they wan few sen earn only ...u knw who im saying haha


I recommend you to watch this show,

The Wolf of Wall Street

Posted by ccmeow > Oct 8, 2017 05:48 AM | Report Abuse
Sendai is doing high end steel design and build construction, which is different from the general type of construction, where the contractor need to submit competitive tenders.
There are few construction companies in Malaysia have the expertise of high end steel design and build business . I read from the news that Sendai has secured many projects in oversea countries . Being a Malaysian company and having pool of local staff ( design and project management), I think Sendai's cost on running projects should be much cheaper and it will help in the profit margin.
With regards to construction dispute, my opinion is that , unless the project is poorly manage with many mediocre personnel, there should not be unresolvable dispute. Sendai might have such minor problems, in the past, but we should not jump into conclusion that Sendai's future projects will end up in construction dispute.
I sincerely hope that Sendai will succeed in its plan to become a reputable construction company, like Gamuda, IJM , Sunway....


I also hope a home-grown construction company can excel internationally. Yes I do.

However, my articles on Sendai aim to provide an alternative view about investing in Sendai, especially with borrowed money, touted by some people in the forums here. This becomes especially dangerous for newbies, who think they will never be wrong following the calls by some respectable figures in our society.

Investing is about the future, not the past. I am not jumping into conclusion that the future will resemble the past, that Sendai may, unlike the past, will be doing very well in the future, with its huge order book.

Its CEO also mention that they will complete all projects on the time, though he never talk about the bottom line.

Will I sailang Sendai based on the two points above?

Hell no! If you do, it is your prerogative. You may succeed too, I don't know.

“..there are two possible endings to every story.”

For me, I like what Winston Churchill said,

“The further backward you can look, the farther forward you are likely to see”

Posted by new_in_share > Oct 8, 2017 04:43 AM | Report Abuse
Rather than condemning why not recommend what shares can buy?


Invert, always invert.

If you are new in share, you better change your mind set.

1) Don't look at alternate view as condemning the share you hold, but something to ponder about. By the way, read the article properly; is it about condemning, or sharing of facts and information or different opinion.

2) Think deeply about why people want to recommend you what shares to buy in a public forum. Is there tooth fairy in the stock market?

aiyoyo, dragonslayer,

don't compare HY with Sendai lah. I think HY at this price is "heng" (prosperous), whereas Sendai a this price is at dire state.

Again, just personal opinion. Don't get angry with me if you own Sendai.

Posted by dragonslayer > Sep 28, 2017 10:32 PM | Report Abuse
Aiyo sifu kc...I wonder why you picked sendai as your case study leh..it happen...this is superinvestor ctr....can I request you make another case on Heng Yuan Refining Company....hope you can help tampok...there will be alot ppl interested too...thank you very much..aiyoyo...kikiki


I have no interest to go around, shouting about how someone has slaughtered a dragon, using margin finance and made millions from speculating in HengYuan. If you have done it, congratulation.

I am more concern about those naive punters, listening and following the persistent touting of using margin, purportedly investing in Sendai two months ago, and have lost their pants.

Posted by MoneyFace88 > Sep 29, 2017 09:46 PM | Report Abuse
Nice one KC. Opportunity for you to take revenge against KYY.


I do not take revenge, nothing to take.

Nobody has hurt me.

I only share my analysis and point of view. I like to write and share.

Posted by Yan Cheng Cheok > Sep 29, 2017 01:26 AM | Report Abuse
Hi kcchongnz, thanks for the useful sharing.
May I know how do you calculate FCF from the cash flow statement?
The only thing I know is
Free cash flow = cash flow from operating activities - net capital expenditures
From the "SECOND QUARTER ENDED 30 JUNE 2017" quarterly report, under cash flow statement page, I can see
"Net cash flows (used in)/generated from operating activities" is -33,796,000.
May I know how do you find out "net capital expenditures"?
Thank you.


Net capex = purchase of PPE less of proceeds from disposal of PPE

Posted by stockmanmy > Sep 29, 2017 12:48 AM | Report Abuse
name me a CEO without margin account......name me a CEO who does not sailang....in fact , name me a super successful investor who has does not sailang and margin account.



Warren Buffet, Seth Klarman, Walter Schloss, Howard Marks, Mohnish Pabarai, etc etc. They are worth billions of USD.

Your so-called super investor can't even smell their fart.

Posted by stockmanmy > Sep 29, 2017 12:21 AM | Report Abuse
kc
what you didn't say is ...Warren buffalo now wants to appear respectable and wants people to forget his past...and how he got rich in the first place.
Do as he says but never ever do has he do.......hahahahahaha


You are just talking cock.

Warren Buffett invested successfully and made a lot of money before 1965. With the money he made, he took control of Berkshire Hathaway in 1965, and become a multi-billionaire now.

But that is not the point here. The point is,

Warren Buffet never shout everywhere in the public forums to sailang, sailang until you lost 83% in two months!

No respectable person will go around in public forums to sailang sailang sailang! Only idiots like you do.

Posted by paperplane2016 > Sep 29, 2017 12:10 AM | Report Abuse
No right or wrong using margin. It is individual risk appetite.


You are right. Everybody has his own rights and preferences.

However, telling the young people and newbies to use margin to sailang stocks like Sendai and Jaks in public forums, especially you are a well-known and well-respected person in the society is definitely wrong, very wrong!

Posted by stockmanmy > Sep 28, 2017 11:05 PM | Report Abuse
KC
Warren the Buffalo not only sailang and margin.....
Warren the Buffalo started his career by borrowing from friends and family and sailang all in a bankrupt textile company.


You are really a talk cock king!

Warren Buffett invested successfully and made a lot of money before 1965. With the money he made, he took control of Berkshire Hathaway in 1965, and become a multi-billionaire now.

What gives you the idea that he borrowed money from friends and family to sailang Berkshire Hathaway?

Warren Buffet never tell anybody to use margin finance. Instead the first thing he told the young people in order to be successful, never use margin finance.

There are many videos and articles in the internet you can search for it.

Posted by stockmanmy > Sep 28, 2017 10:03 PM | Report Abuse
kc
I am not anyone's father here.....
But it is true every thing I say about sailang, margin account, super investor,
Never seen a super successful investor without sailang and margin account. Have you seen one in your long life?


I am not sure you are fit to be a father, telling your children to use margin and sailang Sendai and Jaks at RM1.37 and RM1.72 respectively. But that is none of our business.

What do you call a person without morality?

Have I seen one super investors who are successful without sailang and margin?

Warren Buffet, Seth Klarman, Walter Schloss, Howard Marks, Mohnish Pabarai, etc etc. They are worth billions of USD.

Your so-called super investor can't even smell their fart.

Posted by stockmanmy > Sep 28, 2017 09:45 PM | Report Abuse
I feel a lot of improvements in last 18 months....reflected in my portfolio too.



Nobody knows nor care whether you have improved or not.

The question was

"You made so many people lost hugely following your calls to use margin and sailang Jaks and Sendai from RM1.72 and RM1.37 respectively.

So tell me, your panic moment, dynamite investing, margin, sailang, and all those jest, worked or not?"

As a responsible senior citizen, one has to be a little careful of what you are propagating to the youngsters.

Of course I don't think you care to be "responsible". All you want to do is to make money from anyone, in every which way.

Posted by stockmanmy > Sep 28, 2017 09:39 PM | Report Abuse
kc
People buy or sell, none of my business....They make money got share with me?

You made so many people lost hugely following your calls to use margin and sailang Jaks and Sendai from RM1.72 and RM1.37 respectively.

So tell me, your panic moment, dynamite investing, margin, sailang, and all those jest, worked or not?

Posted by stockmanmy > Sep 28, 2017 09:29 PM | Report Abuse
engineers, accountants, economists ...they are all professionals.
But stock market success, you need some thing more than professional skills / knowledge. You need blessings and you need strong stomach, risk taking, margin accounts, sailang, ...You need some one like super investor and I.


How is your feeling when you made so many people lost hugely following your calls to use margin and sailang Jaks and Sendai from RM1.72 and RM1.37 respectively?

Feeling great right?

Stockraider,

Thank you very much for your complement, always.

Actually I am nothing great but I am doing reasonably okay investing in the stock market.

To me, more important thing is to avoid huge losses. If one has done that, his long-term return will likely to be satisfactory.

Posted by stockmanmy > Sep 28, 2017 08:26 PM | Report Abuse
kc
enough of your lousy posts and intelligence.
including no business sense and no accounting knowledge from you.
I am doing fine., and will do even better soon.....


My post is nothing great, I admit.

No business sense? no accounting knowledge? Yes, I know you absolutely have none.

Of course you are doing fine, touting relentlessly on Sendai from RM1.37 to 81 sen now.

But I don't think those newbies who followed your calls to buy Sendai from RM1.37 are admiring you.

Posted by stockmanmy > Sep 28, 2017 08:02 PM | Report Abuse
suck your head.......
kc
the company is reporting increasing profits and revenue.......
If people sell because of build up in Trade debtors.....that is their prerogative....and if the next quarter , the debts are collected, that is my profits.......hahahaha.
suck your head
Tan Sri is a self made billionaire...and his family has 70% shares in the Company....suck your head.


I don't know what you like to suck. Yes, it is your prerogative what you suck.

The fact remains, if Sendai don't get money fast for its working capital, and pay down some debts, it is in a very dangerous situation.

You need to learn some accounting from me, this engineer here to understand what I presented here.

https://klse.i3investor.com/blogs/kcchongnz/132084.jsp

I have no interest on how rich is Tan Sri is. I don't know him. But he looks like a nice man. He has built up this Sendai and had done some great jobs before, here and overseas.

I hope he can get through this difficult time.

If you have sailang in this stock as you have said before when you were touting it when it was trading at RM1.37, good luck to you too. You need it, badly!

Posted by stockmanmy > Sep 28, 2017 06:09 PM | Report Abuse
KC
Many companies have released disappointing results.....
Sendai is not one of them.....
In fact, Sendai has reported increasing revenue and profits......


Not sure you are looking at the right thing. In the last two quarters, RM70m was sucked out from the company. That was after a whopping RM300 bleeding from the company the previous 4 years.

So if you think that was great.

You definitely should learn a little accounting to understand company performance.

Posted by stockmanmy > Sep 28, 2017 12:44 AM | Report Abuse
kc
what is there to fear when a company is reporting increasing revenue and increasing profits.......involved in so many iconic projects of historical and engineering significance all over Asia....a company with long track record and plenty of goodwill through years of experience.....70% owned by Tan Sri himself......and here is the kicker.......buying when it is over sold as like now........


No, I got no fear on Sendai as I do not own any when its price dropped from RM1.37 to 80 sen, in just two months.

Increasing profit?

Of course. From 2012 to 2015, it was making increasing profit every year for a total of RM150m in the four years. However, it was bleeding cash of almost the same amount, vomiting cash while increasing profit of RM150m.

Then suddenly last year reported a loss of RM274m, and impairment of RM100m, and another cash deficit of RM138m.

https://klse.i3investor.com/blogs/kcchongnz/132084.jsp

Have you wondered why?

Have you wondered why Sendai is so desperate for cash now and make private placement in such a way?

Posted by stockmanmy > Sep 28, 2017 12:44 AM | Report Abuse

kc...put it down in your diary and come back after the results are out........


I put it down two months ago already when you were flooding the i3investor forum telling people to "sailang" Sendai, use margin when it was trading at RM1.37.

You have caused some people to lose 83% in just two months as described in this thread!

How much more harm you want to cause to retail investor by benefiting yourself, syndicates and manipulators?

Posted by stockmanmy > Sep 28, 2017 12:09 AM | Report Abuse
kc ........this kc is the sifut....not me......
I am the only independent rational logical being in this forum of cowards and self promoters looking for paid student and paid subscribers.


Who was the sifut, a PLP and "self-promoter" who promoted Sendai and Jaks at RM1.40 and RM1.70 respectively a couple of months ago, asking people to sailang them, use panic moment, and eventually causing them to lose their pants?

stockmanmy has left a new comment on your post "Margin Finance, Ever-Sendai: A real time case study kcchongnz":

I wish I have a gun to point at Tan Sri head to force him to announce the proposal super investor have make...........

ME: RIGHTS ISSUES WITH "FREE" WARRANTS?
1)GOT CASH TO PAY INVESTMENT BANKERS OR NOT?
2)CAN WAIT FOR RIGHTS ISSUES OR NOT?
3) WHO WILL SUBSCRIBE? OBVIOUSLY THE BIGGEST SHAREHOLDERS DO NOT WISH TO SUBSCRIBE.

What he thinking of?

I wish there is a u turn and yin becomes yang , the darkest hour become the pivotal moment.

ME: PANIC MOMENT AGAIN? CAN PAKAI AH?


if Tan Sri do the right thing, I have confidence the share will recover....unless its fundamentals and cashflows are really as bad as critics say it is.......

ME: TAN SRI NOT DOING THE RIGHT THING NOW? WHAT POSITION ARE YOU IN TO SAY THAT?
RIGHTS ISSUES AND "FREE WARRANTS" THE SHARE WILL RECOVER?
HOW YOU KNOW,
1) THAT THEY WILL BE MAJORITY SUBSCRIBED?
2) THAT THE SHARE PRICE WILL RECOVER?

YOU HAVE CRYSTAL BALL IN FRONT OF YOU AH?

But critics do not have inside information......The market can only watch Tan Sri and infer from his actions.

ME: WHO TRADE BASE ON INSIDER INFORMATION? YOU? LEGAL OR NOT?


If Tan Sri insist on an unwelcome private placement with a one year time table and shares issued in drips and drabs......If Tan Sri insist on sending the market a signal that it is desperate for cash......No one can help them.

ME: THERE IS NO CHOICE. SENDAI IS DESPERATELY NEED CASH NOW, RIGHT NOW, OR ELSE MAY HAVE TO GO FOR BANKRUPTCY PROCEEDING.

DON'T YOU KNOW HOW TO READ BALANCE SHEET AND CASH FLOWS STATEMENT TO SEE THE DIRE SITUATION SENDAI IS IN NOW?

However if Sendai is fundamentally sound, Tan Sri needs to reverse the wrong signals to the market.

ME: FUNDAMENTALLY SOUND? YOU KNOW HOW TO READ FINANCIAL STATEMENTS OR NOT?

The next quarter results should be better than market expectations......

ME: SHOULD BE? YOU GOT CRYSTAL BALL AH?

I think the market expectation must be very low at the moment..........People are worried about the effects from the sabotage by Saudi Arabia ........and worried about effects from higher steel prices. ...

ME: WITH THIS TYPE OF SHARE PRICE MOVEMENT, EVEN WITH SUPPORT FROM SOME PEOPLE, WHICH RETAIL SHAREHOLDER IS NOT WORRIED?

I am willing to bet their effects are minimal.......

ME: SO SAILANG LAH WITH YOUR HOUSE, CAR ETC.

local steel prices cannot be used as a proxy for international steel prices. because of import tarifs in Malaysia and further Qatar has already over come the Saudi actions. ...

ME; YA KAH? BETUL KAH?

conclusion...more positive surprises than negative surprises....unless Tan Sri knows stuffs we don't know.

ME: WHAT POSITIVE SURPRISE? CAN SHARE AH?

The key lies strictly and exclusively on Tan Sri shoulders.

ME: WHY JUST HIM? WHY NOT OTHER MAJOR SHAREHOLDERS WHO CAN PUT IN ANOTHER RM100M?

Posted by stockmanmy > Sep 27, 2017 09:05 PM | Report Abuse
kc

plenty of stocks in your portfolio with similar price movements.

ME: WHICH ONE? THIS ONE, WITH KESM UP 186% IN ONE YEAR, THE BEST STOCK IN THE PORTFOLIO? OR THE WORST ONE IN WTK AT -11% IN 9 MONTHS?

https://klse.i3investor.com/blogs/kcchongnz/127935.jsp

OR THIS ONE,536% IN 4 YEARS IN HOMERITZ, OR THE WORST AT 0% FOR DAIMAN IN 4 YEARS?

https://klse.i3investor.com/blogs/kcchongnz/127825.jsp

OR THIS ONE?

https://klse.i3investor.com/blogs/kcchongnz/131801.jsp

SO WHICH ONE?

in the very unlikely event that they force sell all the shares of super investor, he will still have enough surplus left over for several generations to live a luxurious life.....now....that is what I call the real purpose and real aim of investing.

ME: THIS ARTICLE IS ABOUT WHAT? WHAT IS YOUR POINT HERE? DO YOU THINK ANYONE CARES?

Posted by kcchongnz > Sep 27, 2017 08:50 PM | Report Abuse X

I hope nobody flags stockmanny's posts, please.

We have a lot to learn from him on human behaviour.

I hope nobody flags stockmanny's posts, please.

We have a lot to learn from him on human behaviour.

Posted by Jonathan Keung > Sep 25, 2017 05:05 PM | Report Abuse
invest in properties , currencies, shares and FD after retirement ( you wont go wrong )

That is right; a proper asset allocation and diversification.

Posted by Jeffbkt > Sep 25, 2017 09:08 PM | Report Abuse
If I have 1 Million and I leave it in EPF with average 6% annual dividend, I still can withdraw 60K a year without touching my principal. Nowadays EPF allow member to withdraw the dividend only. So if you are not good and hardwork in equity investment, don't ever think to take the risk.

Return from EPF of 6% is tax-free and risk-free. Put it as the fixed income allocation. Never let any financial adviser or unit trust consultant entice you to take it out and invest in unit trust.

The risk adjusted return on EPF is much higher than unit trusts.

Posted by LA777 > Sep 24, 2017 04:45 PM | Report Abuse
I used to invest in Singapore unit trust funds, but the return is only 2.1 percent for over 10 years, then I realised that unit trust funds are not good enough for retirement, now I prefer to invest in good stocks and properties, the return is so far much better than unit trust funds.


The problem with Unit trusts is the fee, fee and fee. If you have to pay say 5% upfront fee, and 1-2% annual fund management fee, plus fee for asset under management, just forget about good return.

Posted by hstha > Sep 24, 2017 02:50 PM | Report Abuse

I don't see any advantage of investing in high dividened stocks when risk-on sentiment prevails or the economy is very good. Maybe you can invest in high dividened stocks to prepare for risk-off sentiment like the North Korea tensions. But alternatively, you can invest in gold.

Posted by hstha > Sep 24, 2017 06:48 PM | Report Abuse
I read most of papers at google scholar. If you know basic statistics, you can understand them.


You should know that the real return of gold has been almost 0%.

Posted by hstha > Sep 24, 2017 02:26 PM | Report Abuse

Stocks with high dividends outperform the market most when risk-off sentiment prevails or the economy is bad.

ME: AS RETIREE OR GOING TO RETIRE, RISK-OFF SHOULD BE THE WAY RATHER THAN CHASING HIGH RETURN.

IS THE MALAYSIAN ECONOMY GOOD, OR IS IT GOING TO BE VERY GOOD?

While dividend-paying stocks have outperformed on average over time, they have not outperformed in all market environments. In the 1990s, as highflying tech stocks with limited earnings commanded premium multiples, non-dividend-paying stocks meaningfully outperformed, besting dividend payers by nearly 5% per annum. That trend reversed in the 2000s as the tech bubble burst and non-dividend payers produced a negative return.

ME: WE LIKE TO OUT-PREFORM MOST OF THE TIME. BTW, NO INVESTMENT STRATEGY OUTPERFORM THE MARKET ALL THE TIME ANYWAY.

Posted by CharlesT > Sep 24, 2017 10:40 AM | Report Abuse
They cant argue logically with u so will divert into asking u to show yr track records such as whether u r any of the 30 top shareholders in any listed co whether u bought xinquan fm 1.50 to 3 cents n suffer total loss of tens of millions or whether u stuck rm400m+ in lousy stocks n pay margin interest everyday..


Yeah, what is important is he must be very rich. Only very rich people can be the top 30 shareholders of many firms. Even if you are top 30, it will still not good enough, because you are not the top or second top shareholders.

If you are not the top shareholder of any firm, you are not suppose to share anything about investment. Just keep quiet and admire those who got money.

If you want to write anything in 3invstor, you must show your track records.

Your track records are not what you published and shared in your articles, or portfolios, but your records must be how much money you have in your bank and investments, or have you made hundreds of millions before.

Whether if he has a good principle or process of investing is not important. He must dare to sailang.

Whatever stock he sailang is not important. As long as he dare to sailang.

If you don't buy the stocks they have bought, which have gone up, you are just a low-class investors.

The above seem to have great influence in public forums such as i3investor.

Posted by tecpower > Sep 24, 2017 01:26 PM | Report Abuse
Avoid any funds of funds. They are funds, but they actually invest in other funds, so they will ask you for high fees and expenses. Haha


Layer and layer of fees and expenses. Hard to believe investors can make much return.

Posted by donfollowblindly > Sep 24, 2017 10:25 AM | Report Abuse
Beg to differ. If KC Chong damn good he must be very rich. Can he name a counter his name appear as top 30 shareholder in annual report?

Is this article about sharing a subject on investment, or is it about gossiping who is rich and who is not?

• What is a cynic? A man who knows the price of everything, and the value of nothing. Oscar Wilde, Lady Windermere’s Fan

Wonderful sharing. Full of substance.

Keep it up Jay.

Posted by stockmanmy > Sep 15, 2017 10:53 AM | Report Abuse
Inspired writings....

http://klse.i3investor.com/blogs/koonyewyinblog/132328.jsp

INSPIRED WRITING? 1 FOR 10 RIGHTS ISSUES PLUS "FREE WARRANT"?
WHICH SHAREHOLDER WILL SUBSCRIBE?
LOOKING AT THE RISKS OF THE BUSINESS NOW, EVEN THE MAJOR SHAREHOLDER GOT MONEY, I DOUBT HE WOULD PUT IN MORE MONEY.
AGAIN "FREE" WARRANT? FREE FROM WHERE? PLUCK FROM THE SKY?

.and a very good proposal. The best under the circumstances. Better would have been no fund raising was ever announced and let the Company show increasing profits and cash flows.

THEN HOW THE BUSINESS CAN SURVIVE, EVEN FOR THE NEXT FEW MONTHS? GOT MONEY TO PAY SALARY OR NOT?
WHERE CASH FLOWS COME FROM? GOT CASH FLOWS AH FOR THE LAST FEW YEARS?

I think McQuare has failed and needs to be sacked. It is a sign of weakness and scares the market that even a 10% discount to market finds so few takers and leads to a vicious cycle....and taking too long to complete the exercise.

THAT WAS BECAUSE IT IS HARD TO FIND INVESTOR WITH THE POOR EARNINGS AND TERRIBLE NEGATIVE FREE CASH FLOWS FOR THE LAST FEW YEARS.
IF NOTHING IS DONE, THE CASE OF BANKRUPTCY IS REAL, VERY REAL.

This proposal by McQuare has caused the share to crash and must be stopped.

I DOUBT IT IS MCQUIRE'S PROPOSAL. MORE LIKE THE MANAGEMENT, WITH LITTLE OPTION NOW.