Posted by ks55 > Aug 24, 2015 11:27 AM | Report Abuse X

Markets at 11:22:32 Singapore time

Wall Street
Sell 16063.7
Buy 16067.5
-395.5

FTSE 100
Sell 5966.7
Buy 5971.7
-235.8

Germany 30
Sell 9672.2
Buy 9679.2
-467.4

Major market will open lower tonight. Will they deteriorate further???
Western market already crashed..........

GrabTaxi (operation in Malaysia known as MyTeksi), which counts Japanese telecoms firm SoftBank Corp and a unit of Singapore state investor Temasek Holdings as shareholders, has raised a total of about USD 700 million after the latest fundraising.

Read more at: http://www.moneycontrol.com/news/world-news/taxi-app-grabtaxi-raises-36350-mncic-investors_2626461.html?utm_source=ref_article


MyTeksi was co-founded 21 months ago by Anthony Tan, a grandson of Tan Chong Motor Holdings Bhd co-founder Tan Sri Tan Yuet Foh. He is the son of Datuk Tan Heng Chew, Tan Chong’s executive deputy chairman and group managing director.

Anthony Tan is a grandson of Tan Chong, a role model that make Malaysia proud. 誰說大馬無人

http://www.thestar.com.my/Business/Business-News/2014/04/04/MyTeksi-set-for-more-funding/?style=biz

Substandard English by a so called UK graduate

1. Posted by martin555 > Aug 18, 2015 06:04 PM | Report Abuse

insult me ! u talk your england powder is good , also ka ni sai , only malaysian understand , foreigner all dont understand ! TIU .

2. Posted by martin555 > Aug 18, 2015 07:57 PM | Report Abuse

show off type , i hate the most , ks55 think he is english excellent , but is just from 5 level , shame to public .

3. Posted by martin555 > Aug 18, 2015 08:00 PM | Report Abuse

i admit i am poor , slide poor that him , but still graduate honour , so what , because science stream graduate , dont need expert in language , cover the normal common inggeris will do , i am qualify honours quantity surveyor OK .

3. Posted by martin555 > Aug 18, 2015 08:02 PM | Report Abuse

Did you pass your SPM English???????
i answer u , past with distinction C3 in SPM exam .OK


4. Posted by martin555 > Aug 18, 2015 08:05 PM | Report Abuse

What message is he trying to convey??
message is dont too cunning in term show off u are banana man , I am malaysian with melayu , chinese and hokkien dialog , inggeris . OK


5. Posted by martin555 > Aug 18, 2015 08:07 PM | Report Abuse

your inggeris , only the i3 people tolerance accept only , still need improvement .

6. Posted by martin555 > Aug 18, 2015 08:13 PM | Report Abuse

next time want to condemn people , refer back ground first , especially i am UNIVERSITY OF northumbria at Newcastle , DONT UNDERESTIMATED PEOPLE , ok

7. Posted by martin555 > Aug 18, 2015 08:56 PM | Report Abuse

enough your nonsense , i know u can fight back so well , one things i really cannot tolerance u is your attitude is too cunning , same how your mandarin is terrible poor , if u dont know chinese , coz banana man , i personal teach u , blue bird meaning in mandarin .

Should ask KYY what grade can be awarded to such level of English in SPM.

If you don't talk about doing own business, highest paid career are non technical professionals like fund managers, financial analysts, oil traders, forex traders, IB front office with the big four, business consultants with MBB(+A), VCs. Getting into such career will catapult you into global citizen category. You will be in great demand worldwide.

Lesser career will be medical doctors(consultant), lawyers, engineers, accountants, pharmacists, university professors, IT specialists,.......etc...etc....Of course, all these professionals can run their own businesses, that will fall under entrepreneurs and not career professionals.

Think big, make the world your home.

I agree VS at 1.50 is a very very good buy, at 3.00 still a good buy.
At 6.00 is definitely a lousy "punt".

I like what kcchongnz's preaching : BUY GOOD SHARE CHEAP. Public Bank is a very very good share, but at 20.00 is definitely not cheap. Likewise, VS at 6.00 is not worth the risk.

I am really puzzle why VS at 1.50 no analyst want to write about the potential.
When the price come to 6.00, all analysts will start to write fantastic report on it.
Are these analysts paid by someone to do the job?

What is the probability you will make 20% when you buy at 6.00 (TP 7.20)? Can it be 20% chances?
What is the probability you will lose 20% when you buy at 6.00 (TP 4.80)? Can it be 50% chances?
So is it worth the risk to "punt" VS at 6.00 ?

Don't ask the so called "analyst".
Ask primary three pupil and they will tell you the correct answer.

Oil down tomorrow and day after.....

Zero carry a value higher than negative figure.
Zimbabwe is better than Greece.

Nothing is better than owing people something.
If you have nothing, you still can sleep.
If you owe people something, you cannot sleep........

Posted by ks55 > Oct 30, 2014 05:35 PM | Report Abuse X

Another ship sails to holland.
Read carefully 2013 Annual Rpt to find out why :-

#For the financial year ended 31 December 2013, the Board of Directors is not recommending any declaration of dividend.
The level of dividends to be declared for FYE 2014 and future financial year would be determined by the Board after taking into consideration the performance, cash flow position and financial requirements of the Group a swell as the prevailing economic conditions.#

What does that means? Cash flow problem?
Cash and bank balances is rmb 501 million
Total current asset is rmb 669m
Current liabilities total rmb 124m
Long term liabilities nil

Again read carefully:-
Revenue rmb 712m
Inventories, at cost is rmb 24m

Don't tell me all are produced just in time for delivery??????

If this set of account can be trusted, all creative accounting can be deemed to be accurate and factual!!!!

Don't wait to receive free warrant. A cheat is a cheat!!!!

"I realise that I cannot be 100% sure to make money in buying any stock. There is always some risk in share investment. When I posted my article about Jaya Tiasa and Mudajaya, I thought they were sure bets. Unfortunately I was wrong."

Still recommend buying with OPM? Sure win also turn out to be beaten.
Not so savvy please don't buy with OPM.
Play safe. Think of your family.
Invest up to the level that you can afford to lose.
Do't always think you can sure win...........

Air Asia deemed to be a growth stock.
What is common in all growth stocks?
Growth spurred by borrowing.
If anything go wrong, just say bye-bye and go to PN4......

Posted by ks55 > Oct 30, 2014 05:35 PM | Report Abuse X

Another ship sails to holland.
Read carefully 2013 Annual Rpt to find out why :-

#For the financial year ended 31 December 2013, the Board of Directors is not recommending any declaration of dividend.
The level of dividends to be declared for FYE 2014 and future financial year would be determined by the Board after taking into consideration the performance, cash flow position and financial requirements of the Group a swell as the prevailing economic conditions.#

What does that means? Cash flow problem?
Cash and bank balances is rmb 501 million
Total current asset is rmb 669m
Current liabilities total rmb 124m
Long term liabilities nil

Again read carefully:-
Revenue rmb 712m
Inventories, at cost is rmb 24m

Don't tell me all are produced just in time for delivery??????

If this set of account can be trusted, all creative accounting can be deemed to be accurate and factual!!!!

Don't wait to receive free warrant. A cheat is a cheat!!!!

Should read as within expectation. This is the common terminology used by Kenanga.
Good also within expectation, bad also within expectation.

How come "We were negatively surprised on this matter as we were previously expected Nexia SSY to agree with the positive findings of the independent auditor of UHY FVLS."
This show that Kenanga agree with special auditors appointed by the Directors and questioned the opinion of original auditors.

Small timer can run fast, no problem.
Big holders will see their fortune diminishing fast but can't do anything.
Worst still if they cannot top up when facing margin call.
If Ekran can have first transaction only after 7 limit down, nobody can do anything.
VS may not be that bad. But can it be 20 % down in the first transaction? Only God knows.
God bless those people who bought with OPM.

When market crash on Monday, KYY will not be able to sell his VS. Couple with margin finance, he may face similar fate as WC, if not as bad as Ting Pek Khiing.

Big holding is advantage if you are the driver in advancing market. It will kill you when no taker prepare to receive your share when you try to off load in a crashing market. You will only seeing your investment shrink in value.

So never invest in market with OPM.
Always remember, OPM kills.

Small timer can run fast, no problem.
Big holders will see their fortune diminishing fast but can't do anything.
Worst still if they cannot top up when facing margin call.
If Ekran can have first transaction only after 7 limit down, nobody can do anything.
VS may not be that bad. But can it be 20 % down in the first transaction? Only God knows.
God bless people who bought with OPM.

When market crash on Monday, KYY will not be able to sell his VS. Couple with margin finance, he may face similar fate as WC, if not as bad as Ting Pek Khiing.

Big holding is advantage if you are the driver in advancing market. It will kill you when no taker prepare to receive your share when you try to off load in a crashing market. You will only seeing your investment shrink in value.

So never invest in market with OPM.
Always remember, OPM kills.

What is the implication?
Ringgit heads south at an accelerated speed.

Die lor... die lor...die lor... die lor...
If not enough, please scream
Si lor....si lor....si lor....si lor....si lor....

Ringgit will go to 3 for a sing dollar
Ringgit will go to 4 for a USD
Ringgit will go to 6.5 for a GBP

Is iflix the Begining of the End for TV?

Yes. It is definitely a grievous threat to Astro. I have stop Astro and moved over to iflix a week ago.
So far I have watched Iron man II, Con Air, Save Private Ryan. Watching Gone in 60 seconds now.....

Astro is in a sunset industries. I have subscribed to Astro since it first broadcast commercially. I noted a great different in old Astro and the present one :-

1. Sport channels were free in the package before and now......too sad to tell...very discouraging.

2. Advertisements occupied less airtime then and now ....I don't pay to waste time on advertisement....do I ???

3. Programs keep on repeating..... sudah bosan to watch the same program over and over again....

4. Saturday and Sunday scan through all available channels and sorry to say....find no program to watch....sad to pay for nothing when I most needed.

5. Now just stopped subscribe to yesterday's technology, I am going for iflix movies for 8 ringgit a month, going to hypp TV for free under unifi, going for news in internet when I feel free.

6. So Astro can bungkus already. Still expect Astro to perform like yesteryears? Astro is a kampong hero, went to Indonesia got cheated, went to India got burnt, remain in Malaysia is dying of old age. Say bye-bye to Astro the faster the better.

Cannot stand 5% losses? Try out with REITs.

Let suppose you have 1m cash asset (Share, FD, Bonds, Treasury bills, SA etc excluding EPF). How much risk you you can take?

Some people can stand up to 50% loses (if they are still young <35 yr old)
Some people can only stand up to 20% loses. (may be for 40 -50 yr old)
Some may be 10%, or 5%. (Retired or near to retirement >50 yr old)
It is really depends on your degree of tolerance.

Some may be young, but they have low degree of tolerance. Their temper will fluctuate with market performance. Market good, they got excited. Market down, they will not be able to sleep. This will affect their job performance.

My advice is, if you invest up to 500k, you find that your temper already being jeopardized, reduce to 400k. If still find hard to sleep, reduce further to 300k, 200k,100k etc. There should come to a level whether market up or down doesn't affect performance of your main career anymore. That is your tolerance level.

Some may have 1m cash asset, but not able to stand a 5k loses. These people are not risk taker, share market is definitely not suitable for them. REITs may be most suitable for them as it is low risk with medium gain. Otherwise will be FD or MGS.

Again a word of caution. Don't commit 100% of your cash asset in share market. Always keep some for rainy days. Worse still if you try to buy on margin in this coming turbulence market.

Think safe, play safe, invest safe. If want to punt, punt safe.
If you lose money, it is you who are not good enough to engage in stock market. Why want to blame others ??

As long as counter not suspended, you can sell anytime.
Buy low sell high you will make money.
Buy high sell higher you also make money.
Buy high sell low you lose money.
Buy low sell lower you also lose money.

Many who bought at 6 sen (low) but want to sell at 5 sen (lower still) lose money.
Many who bought at 16 sen (high) but want to sell at 5 sen lose more money.
But sure enough there are buyers waiting to buy at 5 sen next Monday.
I am not sure if there are any buyers at 4 sen on following Monday. Or there may be buyers at 8 sen, who knows........

Those who use margin finance to buy Parkson and Lion Industries may face music in days, if not weeks to come. It will include major shareholders like William Cheng if the price for these counters fall further. Why? All the shares are pledged. To play safe, avoid all WC's counters.

Astro is in a sunset industries. I have subscribed to Astro since it first broadcast commercially. I noted a great different in old Astro and the present one :-

1. Sport channels were free in the package before and now......too sad to tell...very discouraging.

2. Advertisements occupied less airtime then and now ....I don't pay to waste time on advertisement....do I ???

3. Programs keep on repeating..... sudah bosan to watch the same program over and over again....

4. Saturday and Sunday scan through all available channels and sorry to say....find no program to watch....sad to pay for nothing when I most needed.

5. Now just stopped subscribe to yesterday's technology, I am going for iflix movies for 8 ringgit a month, going to hypp TV for free under unifi, going for news in internet when I feel free.

6. So Astro can bungkus already. Still expect Astro to perform like yesteryears? Astro is a kampong hero, went to Indonesia got cheated, went to India got burnt, remain in Malaysia is dying of old age. Say bye-bye to Astro the faster the better.

kiasutrader1 -- a very good write up and and a even better comments from a humble, learned investor.
I am fully agree with what you have put up. Good work.
Really appreaciate your effort and a big TQ.
I seldom praise people, only you and kcchongnz earn my respect.........

Astro is in a sunset industries. I have subscribed to Astro since it first broadcast commercially. I noted a great different in old Astro and the present one :-

1. Sport channels were free in the package before and now......too sad to tell...very discouraging.

2. Advertisements occupied less airtime then and now ....I don't pay to waste time on advertisement....do I ???

3. Programs keep on repeating..... sudah bosan to watch the same program over and over again....

4. Saturday and Sunday scan through all available channels and sorry to say....find no program to watch....sad to pay for nothing when I most needed.

5. Now just stopped subscribe to yesterday's technology, I am going for iflix movies for 8 ringgit a month, going to hypp TV for free under unifi, going for news in internet when I feel free.

6. So Astro can bungkus already. Still expect Astro to perform like yesteryears? Astro is a kampong hero, went to Indonesia got cheated, went to India got burnt, remain in Malaysia is dying of old age. Say bye-bye to Astro the faster the better.

Astro is in a sunset industries. I have subscribed to Astro since it first broadcast commercially. I noted a great different in old Astro and the present one :-

1. Sport channels were free in the package before and now......too sad to tell...very discouraging.

2. Advertisements occupied less airtime then and now ....I don't pay to waste time on advertisement....do I ???

3. Programs keep on repeating..... sudah bosan to watch the same program over and over again....

4. Saturday and Sunday scan through all available channels and sorry to say....find no program to watch....sad to pay for nothing when I most needed.

5. Now just stopped subscribe to yesterday's technology, I am going for iflix movies for 8 ringgit a month, going to hypp TV for free under unifi, going for news in internet when I feel free.

6. So Astro can bungkus already. Still expect Astro to perform like yesteryears? Astro is a kampong hero, went to Indonesia got cheated, went to India got burnt, remain in Malaysia is dying of old age. Say bye-bye to Astro the faster the better.

Astro is in a sunset industries. I have subscribed to Astro since it first broadcast commercially. I noted a great different in old Astro and the present one :-

1. Sport channels were free in the package before and now......too sad to tell...very discouraging.

2. Advertisements occupied less airtime then and now ....I don't pay to waste time on advertisement....do I ???

3. Programs keep on repeating..... sudah bosan to watch the same program over and over again....

4. Saturday and Sunday scan through all available channels and sorry to say....find no program to watch....sad to pay for nothing when I most needed.

5. Now just stopped subscribe to yesterday's technology, I am going for iflix movies for 8 ringgit a month, going to hypp TV for free under unifi, going for news in internet when I feel free.

6. So Astro can bungkus already. Still expect Astro to perform like yesteryears? Astro is a kampong hero, went to Indonesia got cheated, went to India got burnt, remain in Malaysia is dying of old age. Say bye-bye to Astro the faster the better.

FINALLY ECOWORLD GOES TO HOLLAND.
Profit margin for property developer depends on land cost. Ecoworld bought land at prevailing market price. How to make money if its properties not selling that fast, bear in mind it has to pay interest, and capitalize interest that make cost even higher.

Those who think Liew Kee Sin legacy can help you to make money, better think again.....

Astro is in a sunset industries. I have subscribed to Astro since it first broadcast commercially. I noted a great different in old Astro and the present one :-

1. Sport channels were free in the package before and now......too sad to tell...very discouraging.

2. Advertisements occupied less airtime then and now ....I don't pay to waste time on advertisement....do I ???

3. Programs keep on repeating..... sudah bosan to watch the same program over and over again....

4. Saturday and Sunday scan through all available channels and sorry to say....find no program to watch....sad to pay for nothing when I most needed.

5. Now just stopped subscribe to yesterday's technology, I am going for iflix movies for 8 ringgit a month, going to hypp TV for free under unifi, going for news in internet when I feel free.

6. So Astro can bungkus already. Still expect Astro to perform like yesteryears? Astro is a kampong hero, went to Indonesia got cheated, went to India got burnt, remain in Malaysia is dying of old age. Say bye-bye to Astro the faster the better.

Posted by ks55 > Oct 30, 2014 05:35 PM | Report Abuse X

Another ship sails to holland.
Read carefully 2013 Annual Rpt to find out why :-

#For the financial year ended 31 December 2013, the Board of Directors is not recommending any declaration of dividend.
The level of dividends to be declared for FYE 2014 and future financial year would be determined by the Board after taking into consideration the performance, cash flow position and financial requirements of the Group a swell as the prevailing economic conditions.#

What does that means? Cash flow problem?
Cash and bank balances is rmb 501 million
Total current asset is rmb 669m
Current liabilities total rmb 124m
Long term liabilities nil

Again read carefully:-
Revenue rmb 712m
Inventories, at cost is rmb 24m

Don't tell me all are produced just in time for delivery??????

If this set of account can be trusted, all creative accounting can be deemed to be accurate and factual!!!!

Don't wait to receive free warrant. A cheat is a cheat!!!!

Too many scandals, one after another.
Now FGV also join the affray. Can't they just open up more land in Sabah and Sarawak instead of going to Kalimantan and Papua New Guinea? Capital outflow in such a manner really sucks.

Bank Negara lost 30 billion during Tan Sri Jaafar's time, wrote off for a period of 10 years.
If I can interpret correctly, BNM did interfered when USD was around 3.50 in early Dec 2014. How much loss incurred nobody knows.

Ringgit unlikely to stabilized at 3.75 to a USD.
What happen Greece default on Troika's loan repayment in Jul and August? All emerging economies' currencies all go holland, including ringgit.
What happen FED start to raise interest rate in this July? Ringgit again go holland.
Quite likely USD will stabilize between 4.00 to 4.50. To see ringgit at 5.00 is simply too much.



### Fed meeting should leave a Final Four of dates for rate hike
Published: June 15, 2015 9:12 a.m. ET

WASHINGTON (MarketWatch) — Federal Reserve Chairwoman Janet Yellen and most of her colleagues are insistent that they plan to raise interest rates this year. So markets will be focused on this week’s U.S. central bank’s policy meeting for clues about when the Fed will move.

Strong jobs and spending data since the beginning of June are not expected to be enough to bring about a rate hike at the meeting on Tuesday and Wednesday, economists said. That leaves only four policy meetings remaining after this week’s meeting for a move: July, September, October and December. ###

Good write up. Very much appreciated. TQ

Sorry lah kcchongnz. Not my intention to hurt anybody's feeling, just want to make everybody aware the risk and opportunity in stock market.

I am already retired. I play safe. Mostly in REITs.

生平無大志 只求八巴仙
不求有大功 只求無大過

I just wonder whether Margin Of Safety fluctuates with market sentiment. I pray KC Loh can enlighten us. If he can suggest entry price at 4.60, with 15% "Margin of Safety", intrinsic value for FGV should be 5.29...................




Posted by KC Loh > Jul 4, 2012 12:08 AM | Report Abuse

Hi Namo, to a value investor, we require what we call a margin of safety. I got the prospectus two days ago, studied the value to buy the stock and arrive at about 4.60 after discounting the price (that is my entry level). This was suppose to help the newbies if they are not able to calculate the pricing. I am seeing some of the people here queuing at 5.50 and to me this is simply irrational (to a value investor at least). They are putting more money to chase higher price. The higher price theory may still happen, owing to the current feel good factor, but I think its just a warning at best for the punters to be careful. There are caveats as usual because, since FGV is new, there are no track records to refer to. In my case, i am just using a time tested discount of 15% although i am not too familiar with palm oil/plantation business model in the first place. Hence you see delays from the research houses to scramble for a figure and even TP. I dunno how Macquarrie got their valuation, but lets leave that for another day owing to the flaming i see getting from the rest of the people here.

all said and done, now i kinda understand why the private placements for institutional investors now were offered at 4.55 to ensure its good take up. and when Dreyfus decided not to take their stake, it was snapped up immediately. The upside is certainly attractive as show in the premium obtained on the first day of trading. 4.55 to 5.32 (today reached 5.46) is indeed a good margin of safety and they could be looking at holding at long term.

to the bro who was laughing why i was still gleaning the prospectus, i do wonder how he gets his numbers and valuation from. No, i am not being cynical but I aim to learn. Maybe something that may have escaped this simple minded investor :). Like i said, i am to contribute to this community too! I am not holding any share of FGV at the moment FYI :)

What is FA? Fundamental Analysis. What constitute FA? Is it just study how good the company is? Is it just study whether it is going to make more money? Is it merely talk about FCF?

What is TA? Technical Analysis. Is it just buying when sufficient volume has build up? Is it just based on price changes? Is it just trading vide volume alert/ How about exit?

I am no sifu, but most of the time (in fact, all the time) make money over time frame of one year.........

Now is the time to check you are sifu or otherwise.
No hard feeling to all FA and TA sifu, please.........

Greek jitters upset US, European stock markets. Now with Greece confirmed dead, tonight Down Jones will crash.

Market prophecies:

1 World market crash 2015 - Jim Rickards https://www.youtube.com/watch?v=Le73sWDlhz4

2 Warning: Stocks Will Collapse by 50% http://www.moneynews.com/MKTNewsIntl/stock-market-crash-warren-buffett-indicator/2014/10/03/id/598461/?dkt_nbr=ufos34vz&utm_source=taboola&utm_medium=referral

Will it materialize this time ??
Are you prepared ??
Are you having spare cash ??
Are you having guts to take this opportunity to make money ??
But whether make or break depends on your buying strategy........
Good luck........

Europe's main stock markets sank at the start of trading on Monday as fears of a Greek euro exit intensified after talks with creditors collapsed.

Negotiations between Greece and its creditors broke down in less than an hour on Sunday, with each side blaming the other's refusal to back down on certain issues.

"They came with their hands in their pockets," a furious EU source close to the negotiations told AFP, while one Greek official described the creditors' demands as "irrational".

So which Greece confirmed dead now, what else can you expect from Bursa Malaysia??

Sabah sudah tak ada tanah sesuai ditanam kelapa sawit kah? Sarawak tak ada tanah lagi kah?
FGV kepunyaan anak Malaysia, tak mahu membangunkan tanah sendiri tapi mahu bangunkan negara orang lain.
Cari kerja untuk anak Malaysia dulu lah, pak cik!
Bangunkan negara kita dula lah pak cik!
Kebajikan patut mula dari rumah kita sendiri dulu..........

Fish rot STARTS from the head.
Head of government rot, then ministers rot, then GLC rot, then agencies rot, departments rot, station master rot, manager rot, clerk rot, office boy rot, jaga rot, anjing rot, kucing rot, cacing pun rot..........
Apa saya boleh cakap lagi......
Mahu siasat, mula dari mana??
Whose responsibility?
Who is accountable?
To what level accountability ends??

Pray hard we should have a leader like Xi JinPing, Lee KuanYew, or Lee SinLoong to put our house in order.

Fish rot from the head.
Head of government rot, then ministers rot, then GLC rot, then agencies rot, departments rot, station master rot, manager rot, clerk rot, office boy rot, jaga rot, anjing rot, kucing rot, cacing pun rot..........
Apa saya boleh cakap lagi......
Mahu siasat, mula dari mana??
Whose responsibility?
Who is accountable?
To what level accountability ends??

Pray hard we should have a leader like Xi JinPing, Lee KuanYew, or Lee SinLoong to put our house in order.

Makan suap kah?

Newton's Law of Gravitation. Everything that goes up must come down.
IFCA can go up from 7 sen, it should be able to come down to 3 sen......

IFCA lain, naik harga dari 7 sen sampai 1.86, turun sikit pun tak apa.
Kalau ikut trend FGV, IFCA patut 3 sen sahaja.....

Malu betul. Keuntugan perpuluhan satu sen setiap saham untuk tiga bulan. Maksudnya satu ribu saham buat satu ringgit.
Kalau setiap saham harga 2 ringgit, satu ribu saham 2 ribu ringgit. Simpan dalam FD faedah dapat 72 ringgit setahun. 3 bulan dapat 18 ringgit. Apa guna beli FGV kalau hanya untung satu ringgit sahaja. Lagi baik simpan FD, tak akan kalah dalam harga saham dan boleh untung 18 kali ganda.

Yes. To predict good company to be as good in 3 years down the road may be difficult, but to foresee a company won't be performing for next three years may not be that hard.

One glaring example is companies belong to William Cheng are all holland stock.
A very simple case study is Lion Industries (LICB) merely based on annual report for FYE 2014 already tell a story.



Stock: [LIONIND]: LION INDUSTRIES CORPORATION

Extract from Annual Report LCIB FYE 2014

RECURRENT RELATED PARTY TRANSACTIONS
The aggregate value of transactions conducted during the financial year ended 30 June 2014 were as follows:

Sale of scrap iron, steel bars, wire rods, hot briquetted iron, billets and other related products to:
1. Lion Corporation Berhad Group (“LCB Group”) 650,661,000
2. Lion Diversified Holdings Berhad Group 59,672,000


Trade receivables The Group 2014
Non-Current Trade receivables 644,217,000
Less: Accumulated impairment losses (294,332,000)
Net 349,885,000

Current
Trade receivables 344,514,000
Less: Accumulated impairment losses (23,170,000)
Net 321,344,000

Net trade receivables 671,229,000



Trade receivables from related party as of 30 June 2014,
Megasteel 562,732,000
Lion DRI 81,485,000
Total 644,217,000

Past due but not yet impaired:
Megasteel 298,164,000
Lion DRI 40,532,000
Total 338,696,000




So how much should be written off for FYE Jun 2015, take into consideration Lion Corp business has deteriorating much faster than 2014. Megasteel is a subsidiary of Lion Corp.
Goodwill (130,443,000) has been allocated to the steel operations of the Group and has not been impaired. Why not impaired?

Should consider LICB only after 7 Jul 2015 when Lion Corp get delisted.
Worst case scenario appear only after 4Q report in Sept 2015.

Suffice to say, buy stocks based on FA will be a good defense at the current investing environment, taking into consideration:-

1. Local political instability, 1MDB and PFI issues, depreciating ringgit, low oil price, inflation, impending toll hike, housing glut, potential interest rate hike....

2. Greece financial crisis, Greek default, Grexit, ramification on Grexit...

3. Effect of FED rate hike on Malaysia (may be Jun, Sept or later, but is definite).

4. Market prophecies:
4.1 World market crash 2015 - Jim Rickards https://www.youtube.com/watch?v=Le73sWDlhz4
4.2 Warning: Stocks Will Collapse by 50% http://www.moneynews.com/MKTNewsIntl/stock-market-crash-warren-buffett-indicator/2014/10/03/id/598461/?dkt_nbr=ufos34vz&utm_source=taboola&utm_medium=referral


I opine FA give you line of defense, so you know at what price constitute good buy.
TA provide you action plan, when to become 'offensive', or take necessary action.

勇者 创造机会
智者 把握机会
愚者 找不到机会 喪失机会
絕望者 永遠沒有机会

Iskandar is a different story altogether. Ringgit depreciates against major currencies will not benefit Malaysian as a whole, but depreciates against Sing dollar is making Nusajaya to be Shenzhen and Tg Langsat/Pasir Gudang/Kong Kong area to be Dong Guan in shorter time. Speed up the development of Johor to be the first developed state rival Selangor and Penang.

Why? Singapore government encourages manufacturing/backroom service/logistic services to Nusajaya because of proximity and convenience to commute between Nusajaya and Singapore. Jurong used to be industrial hub for Singapore in 70's and 80's, now pushed towards Tuas, and if possible, to Nusajaya. Just find out how Chinese government forced the manufacturing industries to the interior (or western part) of China. More jobs created, more housing is required to house the workers and their families.

In NCIP more than 50% industries are owned by Singaporean right now. Ascendas is under Temasek, tenants and perspective owners have to be vetted. Land price for Ascendas is even higher than NCIP. SiLC can also provide more alternative for lesser tech based industries.

For heavy industries, Tg Langsat/Kong Kong area can provide almost unlimited industrial land.

What are you waiting for???????
Can you see the opportunity?
勇者 创造机会
智者 把握机会
愚者 找不到机会 喪失机会
絕望者 永遠沒有机会

The International Monetary Fund has announced that its negotiating team in Brussels is heading home!

Greece defaulted on debt payment on 5 Jun, to be followed by 30 Jun, then go bankrupt straight away.

So what do you expect European market to perform tonight? Will it further make Bursa heading south at faster rate????

Be prepared! Get your money ready to strike..........