On Jaks projections......


You can find them in Public Bank Report.....


https://klse.i3investor.com/blogs/PublicInvest/113441.jsp



For my summary, You can find them here.



https://klse.i3investor.com/blogs/stockman/113723.jsp

Why must I have a valuation for Genting.?


Genting, of course , is a fantastic one for value investors. I don't need any calculation, its in the front pages of its Annual Report.......Its market cap to EBITA ratio is 5, trading close to its NTA.....meaning you get its dozens of casino license at book values, you get back your whole market cap in 5 years from earnings before interest and depreciation....and its a Blue Chip.

Getting dozens of casino licences at book values should be rewarding enough for all value investors...and a market cap to EBITA ratio of 5 to boot.

gains and losses are part of the game.

and like everyone else, KYY will make money only if Jaks, the Company performs.....

Before 2020, there will be huge construction profits, after 2020, the Company will sell electricity from two 600 MW plants.

wealth wizard is different.....wealth wizard dares to do projections and he lives or die on the basis of his projections.

No need fanciful formulas ...just pure and simple projections.

You take a risk, and you get rewarded by the market for taking the risk and later proven correct.

I am not saying must buy Blue Chip

I am saying a self declared value investor should stick to Blue Chips...........then he can apply his esoteric formulas and fancy formulas with confidence.

Too bad Pesona is not in the radar.....but Pesona got really good statistics.


https://klse.i3investor.com/blogs/stockman/119725.jsp

and in fact the biggest handicap for retail investors is the 30% margin of safety........left got devil, right got ghost, ask them to put in FD la.



y popo92 > Apr 7, 2017 11:44 AM | Report Abuse

In fact, the biggest advantage for retailers over big players institution is choosing small cap stocks.

good advise and expecting Musang King.

One of the best trader in the world is George Soros and his Theory of Reflexivity.....

I always make fun of all the Value Investor sifus...they are all hanging pig head to sell dog meat.

the world is full of people hang pig head to sell dog meat...Don't ever believe them.

yen....

first control the attitude...know thyself, a hundred battle fought, a hundred battles won.

of course if you go to battle over loaded with margin of safety.....it is a just dead weight that will slow you down.

if you keep fearing loss of money...you will lose money.

oh...and margin of safety.....after the stock go up 5 % , where is the 30 % margin of safety anymore?.....better sell fast la.

Wall lend bull is still good at his age.

But he is not what raider and popular books paints his image.....the image is a face....a cultivated face.

There are good reasons why retirements on behalf of their conservative clients do not whack Ace Market counters and do not whack Fibon.....

but this raider keep only know how to hang pig head to sell dog meat.

one man's meat and another man's gold.

Olympia is actually not as bad you may think.

of course stuffs picked up from a life time cannot be erased so easily.

But, if you want to make it a success, you pay attention to what I have written.

show me your track record raider.

I have been here 1 year....never seen you made a successful trade.

If you hang pig head to sell dog meat...you are not only cheating your customers, over the long run, you are cheating yourself.

And if you want to show success , you have to eliminate margin of safety as practised here in i3 from your thoughts. Otherwise, a share go up 5%, it already drop off your margin of safety and quickly sold it off already.

And if you want to get involved in the mid caps and small caps......the skills you learn such as margin of safety, and the esoteric formulas you learn in school has a much lesser role to play. Simply because garbage in garbage out.

Value investors employ a certain kind of skill.
Growth investors employ a different kind of skill.

Hanging pig head to sell dog meat, you are only handicapping your self.

Genting, of course , is a fantastic one for value investors. I don't need any calculation, its in the front pages of its Annual Report.......Its market cap to EBITA ratio is 5, trading close to its NTA.....meaning you get its dozens of casino license at book values, you get back your whole market cap in 5 years from earnings before interest and depreciation....and its a Blue Chip.

Value Investors are supposed to be prudent, supposed to be conservative, risk averse.

Genuine Value investors do not whack Ace Market counters and do not whack Fibon.

People only see me as being impolite even sorchai.
Your money, your style.....there are lots of wisdom in what I wrote. Tried my best already.
Wisdom you wouldn't get from books...because books and authors have to conform to a certain accepted style.

Everyone to develop their own style....Value investors promoting Fibon and Ace Market is hanging pig heads to sell dog meat.

Stock market rewards those who take risk and later proven right....not because WB bought a company at 50% discount to NTA. Its about business sense and common sense...not about esoteric formulas and fancy formulas.

Wall long buffalo also dunno investing
He only know flip flop
See what he is doing


its close, but not exactly.

Do you know Warren Buffet bet the farm, borrowed money from friends and relatives to buy into Berkshire Hathaway...sailang all the way into a bankrupt textile company.?

WB talks through both sides of his mouth....tell people to buy Index Funds , but he himself have been a sailang investor all his life.

Value Investors are supposed to be prudent, supposed to be conservative, risk averse.

Genuine Value investors do not whack Ace Market counters and do not whack Fibon.

crabs

For KYY to make money on Jaks, Jaks will have to deliver. It is never about pump and dump. And, it will not happen immediately.

His money, his risk....not interested don't buy. , don't defame, don't spread fake news.


back to KC and his value investing...please la, have some common sense, don't apply his fancy formulas on a small company like Fibon with a million $ sales a month......is that a mamak stall or a listed company? Is that value investing or whacking a baby?


You want to trade, go and trade.....You do not need a PhD to trade Fibon....if it is garbage In, it is garbage Out.

I have been here one year...Never seen Raider make money on one single trade.

But got the nerve to defame, to spread fake news of a notable personality , a public figure who can buy 30% of Jaks.

If that is not track record, what is?

I have been here one year...Never seen Raider make money on one single trade.

But got the nerve to defame, to spread fake news of a notable personality , a public figure who can buy 30% of Jaks.

If that is not track record, what is?

yue.....

you built that knowledge by associating with proven successful people.....

you associate with raider, you will never make it.

Jason

Do you know Warren Buffet bet the farm, borrowed money from friends and relatives to buy into Berkshire Hathaway...sailang all the way into a bankrupt textile company.?

WB talks through both sides of his mouth....tell people to buy Index Funds , but he himself have been a sailang investor all his life.

well, Jason

you are surrounded by propaganda your whole life.

further writings here.

Negative news sells,
Insurance agents and financial advisers will tell you to save money ( so you can have money to buy their products)
Investment books will tell you to be prudent and conservative...and save money.

Turn on the radio, read the papers, you are surrounded by negative news and people asking you to save money.

If you want to be super investor, you have to beat your own path.......that risk is not to be avoided at all cost. Afetr all, no risk means no gain.


The stock market rewards you for taking on risk and later proven correct. ....that is what it is all about.


http://klse.i3investor.com/servlets/forum/600092114.jsp

I sold at $ 1.62 early morning yesterday....only to see it go to $ 1.87 1 hour later.

Now I am happier.

My cost is below $ 3.

This I am looking at $ 6 to $8 by year end.

I want you to embrace risk...think like an entreprenuer not like a Professor.



Jason33 I heard he had money, he had connection, he had insider information. it is different playing field. u promote his method to retail investor who don't have advantages as he has?

jason

gains and losses are part of the game.

the whole idea is to make it in such a way that mistakes don't kill you, makes a killing when right.

can you do it.?..have you found a way?

if you can, you have a future and one day, you too can buy 30% of Jaks.

contrary to being sorchai....I am telling you the true Nature of this Value Investor....of all Value Investors in i3.

Small caps are small boats in the ocean. Small little wind sinks the boat or lift it to the sky. You are speculating it is the right wind.....KC's fancy formulas will not assure the direction of the wind, if it is a small cap.

Value investors, my foot...you are all speculators.



"you disappoint me.
Applying your fancy formulas on small cap stocks is like a carpenter with wrong tools.
A genuine value investor will recommend Genting with a market cap to EBITA ratio of 5. Apply your fancy formulas to a mature Company like Genting la."

Great quote.

Don't hang pig head to sell dog meat.

Leave the small caps to speculators and Dynamic Investors and their pivotal moments....sometimes panic moments too.

When Wall Street books talk about Value investors.....they also apply it to Companies with a few billion US$ market cap......with a long history with stability and reliability of accounts and forecast earnings.

Why? Because Value Investors are risk adverse. They hate risks. And your fancy formulas cannot work in a Dynamic Environment. You use terms like Margin of Safety...How I hate that term "margin of safety" as used by KC and raider and the rest of you.

Margin of safety infers a stable environment...like a mature IPP or a Bond. Prices and valuations of growth companies, small cap companies, are in a constant flux, too Dynamic for your formulas. For small caps, the only place you can talk about margin of safety is in the charts...and your own cut loss strategies. ....not in the earnings report, not in the Balance Sheet , not in your PE ratios, not in any of your fancy formulas...because garbage in garbage out.

You use maths and audited accounts for your valuations..you think it is numerical and therefore objective, ...it is still garbage in garbage out

Genting is different. Genting is stable, it is matured, You can talk about margin of safety and of valuations that don't differ much from person to person, from time to time.

Margin of safety my foot.....margin of safety means you want to avoid risk....even if you have bought a share at your desired prices, if the share go up 5%, it will drop off your margin of safety and you will quickly sell it off. ....you will never be successful.


Successful investors....like I do not wish to name who..............embrace risk, studies it , makes up his mind and bets big. Because successful investors know,
share market rewards those who take risk...and later proven correct
its called the risk premium.

Successful investors do not run away from risk.

In the case of Jaks, the risk is execution risks, and future events and is all about probabilities.

He endorses it, studies it and makes up his mind..and go big.

That is what I like about him.

The market rewards those who take risks and proven right later...that is what stock market is all about.

contra period $ 1.07 to $ 1.87 not enough ah?

why people so greedy one?

raider is doomed for failure.

some females always brightens things up.

idiots running Malindo

momentum will come when you least expect it.

can a frog like you understand an eagle, raider?

kc

you disappoint me.

Applying your fancy formulas on small cap stocks is like a carpenter with wrong tools.

A genuine value investor will recommend Genting with a market cap to EBITA ratio of 5. Apply your fancy formulas to a mature Company like Genting la.

save your breath...you are not KYY.

impressive company

all the so called value investors.....kc, stock raider, calvin.........they all hang pig head to sell dog meat.

the evolution and de- evolution of the stock raider


https://klse.i3investor.com/servlets/forum/600092114.jsp

good one stock lover

stock lover > Apr 6, 2017 05:34 PM | Report Abuse

Just buy and keep money in your pocket la... KYY is generous man. Just want share his fortune with you only. Why need to argue, you want you buy, you dont want dont buy. If dont want any risk better go to ASB lor.

good one stock lover

so what you think Charles.....


you think they can detect all your fake news?

reporters watch this space closely for inspiration.

MRCB not bad

keep practising.