TQ

tq

1)Nothing bad happens for past one year as anticipated so market naturally closing up the discount.

If something bad happens, the discounts will be further widening up.

2) Same as we give premium to good business value, But if company misses the target, the premium will be wiped out Or even go into discount.

So be Conscious if we are right or wrong. Having said that, it is safer to Buy at Discount and Sell at premium, right?

Having said that, always tons of mispricing in the market due to different perspective and time horizon i guess.

Well,

1)asset mispricing on property could be seen as very illiquid assest in the future, longer gestation period, unfavorable policy, rising rate and so on. Hard to say that market is always wrong on mispricing.

2) Business mispricing could be due to passive and conservative management, risk exposure, missing earning target due to high expectation, stagnant growth and so.

End of day up to us to observe and evaluate the mispricing is correct, wrong, Or overdone. And take advantage of Mr Market.

TQ

A clear leader in its own industry. Same as Pintaras. Same as CBIP. Same as Padini etc.

I would say all these leaders will be doing very well in the next decades.

Can't say i don't agree as figures speak louder.

Have to be selective though. KC, i keep on thinking of Keck Seng as to be one of the major net asset play every time you mentioned net asset play.

Can offer some opinion?

Well timing of spin off must be considered as well to maximize the value.

Anyway, a very capable management team.

Current Valuation might also be Sum of Part valuation whereby manufacturing is valued higher than the property division.

As usual, a good company recommended.

I would think the property division is posing a drag on valuation and would look forward for corporate exercise as the company valuation should be in line with peers if not premium.

Wish you good Tony.

1. Surely some chart pattern will fail. Must know when it fails and when it succeeds.

2. Surely some chart pattern will evolve into other chart pattern, that is technical. For example, cup and handle might be evolving into head and shoulder.

To me all this chart patterns are worth studying.

Sntoria, Swscap and Yeelee successful breakout predicted by Chris.

http://chrissyconn.blogspot.com/

Is it amazing? well i hope chris will offer more time to do it here.

Yeo, do you know that chris has her own blog? Once you go through her blog, you know that she has tremendous forte in technical analysis. I am amazed by her charting skill. Nobody can beat the uptrend chart at least for now.

I would look forward more on her contribution in this forum on her charting skills. As i said, it is amazing charting skills.

Welcome back KC. Long time no see. Hope everything alright.

Probably until the day that we have found No reasons of doing so.

Well, price might be really too High. And the diminishing return and growth does not warrant for prevailing market risk and the excesses are rampant. And market is not strong enough to absorb the shock of imbalances.

Well until the day comes and we have valid good reasons of believing it.

if i have known from the Beginning investment is such a tenuous long and winding road, i would not have wanted to take the very first step from the beginning and i don't even want to learn to walk.

But we are asked to take one step at a time. Before we know it, we have managed to walk for a distance...

Well, we know there is still Long and winding road ahead of us, But we know we are better equipped than last time, just keeping faith and trust on our next step...we continue our journey...

In most trial time, the more we should focus on quality selection and stock picks, cash management, and portfolio Diversification. Overall, with foundation, it will still give us a decent return.

Dear WiseEye

Don't worry about my calculation. A good company will always be a good company.

Your investment return will be the greatest if majority has no confidence and Only minority have High confidence.

Make it Great when you are Right ya and Be conscious also if you are Wrong.

TQ

Exactly, the age of technology and internet business is sweeping the world.

I just attended a MLM business meeting a month back. And they told me Old people like me is falling behind. Just because i ask for profit and loss statement and Balance sheet.

Surely I always wish people good luck and I always wish I am wrong and old fashion.

Surely, I read the report. Lets say profit triple to Rm18 million a year in 2-3 years time. With market Cap of RM360 mil that means earning yield of 5%, ...

well I would say that the metric is acceptable for CONSISTENT HIGH GROWTH TECH COMPANY BRAND NAME LIKE ALIBABA, GOOGLE, AMAZON, APPLE....

My Dear Chris,

We should try to assess the company on its core operations.

The main issues shall remain if AsiaEpay will bring much needed synergy to the company. 1+1=3? 1+1=4? OR 1+1 Still= 2 ? Price is trading at the level almost certain 1+1=will be at least 2.

If 1+1 is Only 2 then price might have priced in the factor.

Surely I hope the company and employee and investor will do very well.

AyamTua: Wish you do well. TQ. Nice Big Apple ah?

End of Day do you want to pay Rm360 million at market valuation for a company earning less than Rm10 million a year?

Industry analysis and understanding is very important and most needed. Good job.

MH370 and MH17 again? Coincident?

Just wonder.

My Dear Yeo and SOP, you are all too smart.

Well, to make money and to compound for next 30 years, you need Easy Business. Probably something like Ice Cream and Chocolate and Coffee.

Agreed with JT Yeo. One of the most difficult and volatile industry to predict anything.

SOP, they finally find their match ya. Ha Ha

HA! SOP why there is always two guys talking at LionFib for whole years?? Their wives not jealous ke?

For Distributor, Distributor Right is an important issue.

And i am too stringent with my stock picks, i cannot comment on so many good things as well.

SOP I cannot predict the share prices. Well, i can Only understand a Bit of earning sustainability and visibility and Business Model.

And we have to decide on what price to Pay.

NO comment.SOP. It is embarrassing that i am always wrong.

Most essential is a Business itself. Well, surely you need a good management.

Justin will b doing good in life. So honest.

Remember your stock picks ya. Surely there is lots of companies will be doing well until you retired and until you pass it down to your children.

good. Wish you dream comes true.

Do more home work on your stock picks ya.

come to think of it. IF institution is taking profit at Rm5-Rm5.50 as our friend myshare did in IPO listing. They would average down at RM3.5-Rm4 assuming their IPO cost is Rm4.5.

myshare, i am giving up at small loss. I think Ring and above comment makes sense.

YES, before going out for fishing, we Better tell people first there might be crocodile, thunder storm, bad weather, your boat might sink and you might get nothing today and you have to come back tomorrow.

Admitting mistake is Being Very Conscious about what is Not Right.

Price is a good Indicator. Anything wrong with the Price itself? Judge the mispricing more objectively. Don't jump to the conclusion that market is wrong and I am always Right.

1) Reasons behind the Down Trending, can I estimate the Forces?
2) How much effort has been put in everyday to push up prices But fail?
3) Can this time be different? Surely Nothing will change. What is the actual catalyst then?
4) Well, have i understood the Business at the first place Besides publicized figures?

TQ

a good one. Stable earning. Good Dy.

Lucky Fat Cat TB.

Most of time i would think like Chonghai and KYY.

No cut loss as no fundamental changes and Value as i bought is still there. Shares down temporary and it will bounce back next year even stronger.

At the same time no double down in the name of diversification. Probably i also thought if it really go down again, i cant forgive my soul.

In reality i would double down most of time IF i find a good reason and my portfolio is not affected and exposed.

Chris SY

Thanks for your sharing. Surely i would review this stocks from time to time. And i am very patient.

By the way, i am cautious as judging at market valuation at the High side, there is high expectation that company must deliver High double digit growth in next 5 years.

I am not sure of E payment would deliver such result as i am not sure of its quantum and margin as i am not familiar with this industry.

Thanks for sharing.

arx 18 is asking a very pertinent and difficult question. Cut loss or Double down that makes the whole difference in our investment returns.

Imagine if you cut loss and price bounces back Or if you cut loss and prices keep going south.

For me i hope i wont be asked that question in my course of investment so much so that I have to be so stringent with my stock picks. In case i have to answer that question myself, my answer is Double down as you need to have absolute confidence in your stock picks and economy.

I believe KYY has answered that questions a few times.

TQ

Well, we are here to make money.

Any earning projection in 5 years? 6 mil 7 mil 8 mil 9 mil 10 mil in 5 years? Any chance to become blue chip at this rate?

By a stone throw, so many small cap has been earning above Rm10 mil a year with good business model.

Actually, what is so difference in this company?

TQ

Hopefully. At first i thought i am lucky to get at IPO price or even institutional price.

myshare, Look at share performance since my first comment in April until now. Embarrassing. Wave of selling is Non stop. Operating efficiency could not be neglected.

Surely i will invest in this company if it is doing well for next ten years.

I am here to make money and invest for next ten years.

How do company create value for shareholders for past ten years? The price is even lower than ten years ago?? Can it be lower ten years later?