actually I don't understand, look to me no conclusion cos ending with a question mark again.
If i read correctly he say this counter is no good counter, but he predicted this counter may go up. Isn't that may attract some that love speculative counters ? then he may say join him if you wish how to trade cos he know how.. and it is not gamble, he knows the company mgmt well ? if he can predict, I tell you he already make a lot of money from JCY
hahaha.... Mr Teh, you can con others la here but you can con me ok. You never did say shooting star (TA terms) was a sell .... you never did touch the stock once it broken resistance level. you only went in when it was moving up - from his tratles who told me so...in fact you traded the call warrant. Everyone, this is how he operates .... showing all his so call great call so many would believe his is good in making buy or sell & then join his cohort or stock watch or tratles.... Mr. Teh, pls for our sake & to save yourself from further embarrassment just unlink your blog from here & stay in your nest. btw, the guy name is Lamken if I am not mistaken who said about JCY privatization. He is also another con artist here (I know you are reading this, Mr Lamken) cheers
haha albert teacher can con u or not :) as always Shirley u 'r funny and have to agree with u but I think teacher is trying to tell u to sell if they push up maybe? heck I'm confused too :( No worries I dun hold JCY :) u still go genting or not :)
Hi fei mau, long time no talk. I didn't know i3investor is such an interesting place. I didn't know I have been talking about JCY so much last year until you mention about lamken whom albertLim labelled him as a con artist! Looking through lamken posts, I think he is quite knowledgeable in investing. What a complement from you. Seriously I think lamken has a lot of market knowledge. Just that he miscalculated the downfall of the technology industry, in particular the hard disk industry. I won't fault him. Everybody made mistakes. I don't think he want to con people too, why do that? Do we have the same style in analysis? You don't really read my long winded analysis, do you? He did writeup something about warrants too, very experience in the market indeed. Unlike me, my knowledge in derivatives is more academic rather than in the market place. He is good. How did you come to the conclusion that we write the same style?
So how did you come to the conclusion that I am lamken whom you said is a confirmed con-artist? Me a con artist? I should really review what con analysis and comments I have done. Just because we live overseas? There are 196 countries in the world you know.
Regarding my long winded writeup "with no space in between", that is just my style. You don't have to read it. It is just that my style is I don't simple shout buy this stock at what price, and say that if you don't follow me you are a hopeless idiot. If you notice, I rarely talk about market price. When I say this company is good for investing, I talk about its business, its moat, its operating efficiencies, cash flows and balance sheet etc. Then I have to give my view of what is the value of its business, then only compared to its market price and what margin of safety we have if to invest in this stock. So when I post here that a company is good or bad, I think it is fair that readers should be informed of why I think so? don't you agree? And maybe my English is not that good, I can't explain all these in a few lines. I am a follower of Benjamin Graham who said below:
•“An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operation not meeting these requirements are speculative” Benjamin Graham
relax man.. im not condemn you or anythings, it just that your style and lamken style in explaining analysis is similar, so it will be natural that the thought occur in my mind... haha
benjamin graham is a great investor in his time, but his method is too time consuming and sometime very hard to materialize.
im more keen to phillips fisher when choosing company to invest.
Fei mau, good on you. You do follow some fundamentals. Phillipp Fisher did do quite a bit of analysis before he buys a stock. For your information, below was what he did and look for before buying.
Some famous numbers 1.Percent of sales a.What that product means to the company 2.Price/Earnings ratio a.Any company which is fairly priced equals its growth rate 3.The cash position 4.The debt factor a.Strong balance sheet b.Typical company debt-to-equity of 25%:75% c.Is debt increasing relative to cash? 5.Dividend a.Corporations have a sorry history of blowing the money on a string of stupid diworsefications. b.Dividend payers suffer less in times of turmoil c.small companies that do not pay dividends grow faster by using the money for expansion. 6.Book value a.Overvalued and outdated useless assets sold in fire sales b.Hidden assets kept at original values 7.Cash flow Free cash flow is more important a.If FCF/Price > 50%, “mortgage house and buy" 8.Inventories a.Inventory build up is a bad sign b.When inventories grow faster than sales, it’s a red flag 10.Growth rate a.Growth in earnings i.Raising price or lowering costs with efficiency b.A 20% grower selling at 20 times earnings is much better buy than a 10% grower selling at 10 times earnings c.Are both sales and earnings per share moving in the same direction? 11.The bottom line a.Pretax profit margin, or net profit margin b.Compare with the same industry c.Low cost operator has a better chance of survival if business condition deteriorates d.Low margin operator performs more spectacular in turnaround.
As you can see, PF also do the same thing as Benjamin Graham does. Maybe you are talking about Benjamin's net-net investing. But that is not completely out of date yet, in my opinion.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KC Loh
13,701 posts
Posted by KC Loh > 2013-02-25 13:03 | Report Abuse
Alamak, here we go again....... tsk