next QR, the share will collapse.....I out of here already



leuerouge > Jan 12, 2017 04:39 PM | Report Abuse

don't forget next QR factors..

icon


only people like KYY and his style can make money from stock market and keep it.

that means buy stuffs that can be understood, makes business sense
Hibiscus business model makes no sense

I got a small amount of Hibiscus at 30 sen which I intend to sell around now. Calvin story about dancing and dances and addictions is very relevant.

kakashit

Hibiscus balance sheet is all about $ 1 billion of intangible assets and $ 300 million of defer tax liabilities. It is all about merger accounting and a balance sheet based on cash flow projections of some experts.....

how much to diversify is a function of the objectives of the portfolio.

Share have characteristics, certain shares have certain characteristics. The manager of a retirement fund will have to consider the characteristics of each share and their impact on the portfolio, classified by characteristics as well as by industry group.


not easy to be a public fund manager....but that is certainly outside the scope of this competition.

diversification by industry is one aspect.

but the true objective of diversification is co relationship. Study the co relationship of shares and groups of shares. Certain shares, they move as a herd, groups of shares...such as exports shares.......because they are very sensitive to a common factor.

it is a branch of study all together.

groups of shares such as blue chips and penny stocks, they have different group dynamics.

domestic economy stocks vs exports stocks....they have different dynamics and moves at different times.


on the other hand, a too diversified portfolio will never win the competition.....if you want to win the competition, you have to be ambitious, just like your portfolio. .

Eventually only way to keep the profits is to copy KYY style.

Only buys shares that makes business sense and market leaders , let profits run.

It's business sense not speculation then.

Problem with trading profits and contra profits is it can be addicted , addictive.

Once addicted, eventually lose back every thing and more.

Ride the tiger but don't endorse the con men.

actually it is not a good business model for SPECS to go and collect stuffs from oil giants ...what oil giants treat as rubbish/ liabilities, Hibiscus go and treat as gold is never a good business model.

The costs will kill the Hibiscus and Specs already.

Having said that.....I still have Hibiscus which I intend to sell at a higher price.




Oil giants have economy of scale, do a lot of engineering works themselves, good systems.

Hibiscus depends on contractors for every thing. There is no way in the world such business models make sense.




People gets killed by stockmarket because people are naive, not because stock market is evil.

remember that.

I have never been killed by businesses that makes no sense to me.

There are enough businesses with business sense out there. to choose from.

Of course you can trade and contra even conman stocks....I do that all the time, just be aware what you are doing.....but Calvin got a good point about dances and missing such dances.


Addicted to such dances never leads to good endings.

On the tax issue, a bit complicated to explain but it is just some accounting stuffs about reversals of deferred tax.....

There is still another $ 500 million of such useless stuffs to reverse if the auditors approve.......

They can continue to con you a long long time if you allow your self to be conned.

Indeed , it is greater fool theory.

None of the specs make business sense because when the big oil giants treats as rubbish and liabilities, hibiscus treats as gold just do not make business sense.
Oil giants have knowledge, skills, economy of scale, do a lot of engineering works themselves, have good systems.

What does Hibiscus have?

People gets killed by stockmarket because people are naive, not because stock market is evil.

remember that.

I have never been killed by businesses that makes no sense to me.

There are enough businesses with business sense out there. to choose from.

Of course you can trade and contra even conman stocks....I do that all the time, just be aware what you are doing.

Oil giants have economy of scale, do a lot of engineering works themselves, good systems.

Hibiscus depends on contractors for every thing. There is no way in the world such business models make sense.

actually it is not a good business model for SPECS to go and collect stuffs from oil giants ...what oil giants treat as rubbish/ liabilities, Hibiscus go and treat as gold is never a good business model.

The costs will kill the Hibiscus and Specs already.

Having said that.....I still have Hibiscus which I intend to sell at a higher price.

you got to wait for the results if you don't know how to analyse......hahahaha

I think anyone thinking of magic formula will buy Gadang which made $ 95 million last year on $ 530 million shareholder fund.

But my own analysis suggest its PL will collapse compared to last year ......and the share will be punished this year.

and buying Gadang is buying a contractor with $ 600 million of outstanding works....making it the smallest construction company in the KLSE.



so go figure......

Extremely difficult for major companies to get into magic formula.....too many people watching.

there are two options.
analyse or wait

keke > Jan 11, 2017 05:28 PM | Report Abuse

kakaka, dissappointing or not is still unknown wor.....dun make assumption as fact..

ok, you win this round.
but since I don't intend to contra, the selling question never arise...only the buying question will arise.




nekosan > Jan 11, 2017 10:20 AM | Report Abuse

stockmanny, can always rebuy low ... hehehe ... no stock will 1 straight line go up !!!!

tk

have you ever seen share go up after they announce another disappointing q results?


also, I saw somebody else got the hospital already.

and you be the first patient.

it is not as simple as PE 6 BUY......

best is still inside information or at least industry information....

what I am trying to say here is..............

the public may not know what they are getting into.

it is common for construction companies to report highest margin in the month that the contract finishes.....this is part of the progressive recognition of profits. Earlier periods a bit more conservative and the last period is the balancing period.


cemertugus > Jan 11, 2017 04:52 PM | Report Abuse

stockmanmy sifu, you forget to check the gadang profit margin, increasing...
FY2016 revenue RM676m, FY2015 RM588m

raid

The investible world is very rich, very diverse

but if one is a frog like this raider, what will he know about how the eagle soars and what is above the clouds?

well, like I say, if KLSE boring like NZ, I also will ROIC.

53 by this week,
easy

Gadang expects the construction division to perform well in the coming financial year with a stable and strong outstanding order book of some RM1.3bil......that was Sept 2015

now, the $ 1.3 billion has become $ 600 million order book as at end 2016......that makes Gadang the smallest order book in the KLSE construction sector.

don't say die already don't know why die.

if one is happy with a portfolio full of these characteristics.....by all means.
the magic formula will magically transform you into those stocks. of similar characteristics.
a smaller, more conservative universe of simpler companies, more probably matured companies / industries., traded at very decent prices.

I don't think any of the 5 companies listed above will go bankrupt in the next 5 years. And if they continue to do well, surely the shareholders will also do well.

at the end of the day, it is behaviour that counts.

its 99% about behaviour and 1 % about the stock bought.

if one is happy with a portfolio full of these characteristics.....by all means.
the magic formula will magically transform you into those stocks. of similar characteristics.
a smaller, more conservative universe of simpler companies, more probably matured companies / industries., traded at very decent prices.

I don't think any of the 5 companies listed above will go bankrupt in the next 5 years. And if they continue to do well, surely the shareholders will also do well.

their job is to sell you the share. Your job is to analyse the information.


tksw > Jan 11, 2017 03:57 PM | Report Abuse

dun have to guess la, stockmanmy sifu, just pick up the phone and call Ms Kok ma boleh lo...kakaka

tk


one of the key information you need is right here..

unbilled sales $ 221 million
carrying amount in Property Development Account $ 496 million.

sugesting half of the project have not been sold....can they sell or not?

then...there is the issue about profits from the construction division this quarter............don't say die already don't know why die.

tk


one of the key information you need is right here..

unbilled sales $ 221 million
carrying amount in Property Development Account $ 496 million.

sugesting half of the project have not been sold....can they sell or not?

then...there is the issue about profits from the construction this quarter............don't say die already don't know why die.

tk

will not be long before we know open big or open small.......

get better value for money, bigger bang for the buck betting on Hibiscus and Jaks......

want to ride on tiger, better ride on Hibiscus and Jaks tiger.

I think the public has no idea what they are getting into....especially if City Mall is a dead duck like some says it is....

tksw

do you know double entry or not?
how about project accounting?

"Never invest in something you don’t understand well, and have a low conviction on, and is outside your circle of competence. If one changes his or her investment approach in response to recent underperformance, one might be doomed to mediocrity."

translated....KC should remain KC, there will be times the magic formula will serve you well., but not always.

will close at 48 today

my target 53 still maintain.

easy money no big money

if GKent is the 2016 stock

good chance 2017 is the year of Jaks.

And I too think the 5 stocks are well chosen by the Conservative Party for their conservative features.

The magic formula should be called the Conservative Party.
Their success depends on maintaining stability, status quo, straight line extrapolations......Their success depend on the pre internet, pre social media world order., where things and businesses hardly ever changes. If X is what you get last year, X will be what you get this year.

Dynamic investing is the New World Order . We should be called the Progressive Party. We look for changes, look for disruptors, look for new trends. In this 21 century business environment and value discoveries, we need a new way to look at the share market. I call it entrepreneurship. You may call it some thing else.

No wonder the two parties cannot get along.

Their cost will kill them already.

what big boys throw away, Hibiscus takes as gold.
I don't believe this kind of business model.

Icon

All retired people should have a play play section in the portfolio.....even if not advisable for those still got boss.

They say it can prolong life.

icon

many many shares pass though my hands. All kinds of shares.

some times I do operations I call it riding the tiger...even conman shares such as Hibiscus, Reach Warrant I make good money.

My new love has got to be Jaks.

let me tell you about export stocks, son

good trading ( as well as good investment ) stocks still remain the export stocks.............the furnitures that I have as well as the E & E ones like VS. , Comintel etc to gain from currency exposures.

There is enough negativity ( false negativity based on Trump fears) and good fundamentals......and strong overseas economic performance....China, Europe, America all doing better than expected...these are no brainers.
===============================================================================
wkitwing Kcchongz sifu,the pick is good but isn't a bit too concentrated on exports?

Tycoon portfolio
KC becomes KYY
now both KC and KYY happy . Same stocks up.

maybe they have the Malay market.....lol

yeap