I employed fundamental analysis in stock selection (getting as much MOS) and technical analysis to buy more of the share. Average up i guess.
Mr Koon, your trading concept quite good. I like plantation stock but preferably those with lots of landbank near town area see, SAB for instant.
Property stock is trending now because there is no other asset class where you can overcome the delirious effects of inflation,,,gold is another one. Property hot due to 6% increament due to coming GST. However, once the trend is over RFYL.
Recent small cap meltdown has crushed investors confidence We may see extended profit taking of penny shares in next couple of weeks As brokers pull out their lines , it will be gameover for the penny stocks operator
There are actually quite a number of well managed companies listed on Bursa Malaysia.
There are only 3 main categories of companies i would consider investing:- 1. Value companies-- companies with lots of land bank not revalued. The problem with these companies are that they always take their own sweet time to develop their lands. Classic examples are Oriental Holdings Bhd, Plenitude Berhad, just to name a few. However, once they start developing, it will generate substantial profit (as a result of very cheap land cost) and others will start paying attention to these counters. Investor to be very patient when investing in these stocks.
2. Growth companies-- companies that managed to achieve growth in turnover and profit year on year basis while maintaining profit margin. Once identified & locked in, you will be able to enjoy the ride with the companies in a long term. There are a lot of these companies in Bursa Malaysia, both big caps and small caps. Classic examples are QL Resources, Top Glove, Amway, Public Bank, etc.
3. Turnaround companies-- one can make the most money in these type of companies. Timing is the key. I usually wait till the result is proven before i start to invest in these counters. Classic examples are Yeo Hiap Seng, DKSH.
Investment is most interesting when businesslike. Happy investing, everyone! Thanks for sharing your thoughts, MR Koon! I enjoy reading your articles.
I really agreed with the article written by stub 10 which i am deeply foresee that he is a good investor & understand the value of investing in good stock which will give good return in the long run.I really enjoyed reading your article which guide me the thought of good investing. Happy investing.
stub 10, If you buy Oriental Holdings, you may have to wait forever.
The glove industry is over capacity and it is very competitive. Every glove company has expended their production facilities. Do not buy Top Glove.
To make money from turn around companies, you must buy before it become public know about it.
In view of the increase in palm oil price, all plantation companies will make additional profit for no extra effort. By the end of the month all companies will have to announce their 1st quarter result. You will have a wider choice.
Mr. Koon, I would like to have your opinion on aluminium producer company in Malaysia, Pmetal in terms of (profitability, management, balance sheet and growth) Where do you see this company and the aluminium industry in 10 years time?
Bear in mind that RHB Research has a sell call on TH Plantation, but I believe it is very much undervalued basing on its market cap divided by total planted area. 887 million shares X Rm 2.05 divided by 68,000 ha = Rm 26,700 per ha.
I wish the banks will lean me more money to buy up all the shares. Recently FGV and Boustead bought plantations at Rm 70,000 cash per ha. IOI also wanted to buy at the same price but not successful. Moreover it has 6 mills and other infrastructures.
MR I remember you said try not to fall in love with the counter we bought. I would like to seek your opinion on PIE which I have been holding for 5 years. Thanks
Mr Koon amongst the three which would you consider most promising in terms of your valuation similar to the way you did for Jtiasa. Btw i bought a lot of Jtiasa at RM2. When you called for the buy, i saw the price was RM2.08 and took the opportunity to buy when it dropped
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....
johnny cash
6,400 posts
Posted by johnny cash > 2014-05-01 19:19 | Report Abuse
Mr Koon how are you ?