Better yet, find a company that is growing quarter to quarter non-stop. Like Inari or Zhulian. Too bad Zhulian's record was broken by the coup in Thailand. Inari's record is still going strong, and looks set for another record quarter with incoming capacity. Unfortunately, its difficult to find a company like that.
100% agree with the golden rule in share selection of Mr Koon, that is one of the factor distinguishes successful investor from ordinary investor.
The pertinent question is that how to ensure good profit growth prospect? The biz world is naturally full of uncertainty, there is no such thing as certainty in profit, let alone profit growth. Therefore the ability of spotting company with good profit growth prospect relies on biz acumen which can be developed along biz engagement in the past of oneself.
Ringgit is strengthening as we speak! I think export oriented stocks should be disposed off before the huge sell off! Switch to tech stocks and other 2nd liners!
fortunebullz I am trying to catch you exactly for this topic. Should I sell my export stocks now and buy oil gas stocks, etc ? What if it is a false alarm and oil melt again ? How ah ?
Somebody! Once crude oil breach usd60, the oil theme will make a comeback! As for furniture stocks, it's already fully value, any extra returns are purely bonus!
Look! I am not interested to look for argument! Wave 3 is a period to make money and friends! You have plenty of time to make enemies once wave 5 has ended!
Due respect to Mr Koon, i notice he has the fondness to recommend a stock that reach it's peak! So i am just doing some justice to newbies to avoid buying at the peak!
Due respect to Mr Koon, i notice he has the fondness to recommend a stock that reach it's peak! So i am just doing some justice to newbies to avoid buying at the peak!
fortunebullz thanks for your view. The reason I ask you is because u r the very few people who make prediction on the market. Right or wrong never mind, I just want to hear it
I feel the same lah. Every time I thought MrNobody was a friend, he whacked me.... Sigh... never mind... Be patient...
fortunebullz And yes! I know Mr. Nobody and Mr. Somebody is the same person! And later you whack me again! And just when i thought you already a bro! Haix! 16/04/2015 21:46
Seems like most of you missed Mr Koon's message, which is his Golden Rule of Investing. It is difficult to lose money if you do your homework and apply the rule. Period.
From my understanding, all fund managers role have been trying to predict EPS. That is the culture of Wall Street. Nothing against that, but i think trying to predict EPS is futile if you are a long term investor.
Rather learn about what are the competitive advantage of the business, is it sustainable, how's the management, reinvestment dynamics etc
EPS is not the ONLY criteria to consider. There are many others. Although Mr Koon use Lattitude Tree as an example and also during the time of weaken ringgit. What if ringgit is stronger....is Lattitude Tree still a good buy? If ringgit is stronger, does that means all companies doing export is not a good buy? Ponder this.
dear mr. koon please buy GLOTEC, PWORTH, TMS and DSONIC.. sure old become young, and hot chick! kikikiki ... even Mark Zuckerberg also you can beat him become billionaire.. kikikiki
"The sudden jump in profit was partly due to our Ringgit weakness, lowest in 5 years in comparison with US$." A big portion of the profit is due to the forex gain and is unlikely to be sustainable.Buyers will ask for discounts or they will go elsewhere unless the furniture that they produce is a "must have".
Yes. Buy GLOTEC, PWORTH, TMS and DSONIC. Please bear in mind that I am a substantial shareholder of GLOTEC, PWORTH, TMS and DSONIC and I do not need you to buy them to help me get richer. Thank you!
hello MrNobody , u r right -freedom of speech....i am trying to be kind to him .to remind him,hey Mr Koon , have fun with your cucu ,spend time w cucu..yayy ....
Gold as a metal is soft, malleable and easily worked by an expert craftsman into objects of their design. So too is Mr Koon's share selection golden rule. Witness his past stock selection of RSawit, JTiasa, Mudajaya among others, where his so called golden rule melted down within months of his "super profit is coming proclamation" for the stock. Yes, his own golden rule is meant to be observed by many of you, the suckers, but to be broken time and again by him, the trickster in the stocks that he promotes. He is a complicated character, with due respect to his venerable 82 years, but his intentions are surely not noble as he claims. There are just too many gaps and contradictions to his claims.
In mid-2014, he infamously predicted rising palm oil prices and declared a bull market in palm oil stocks and particularly, in undervalued JTiasa. Many knowledgeable readers disagreed. He vehemently protested his noble intentions. To cut a long story short, within months he had dumped his 40 odd million shares in JTiasa into the open market. JTiasa is now down RM 1 from the time he sold from RM2.70. Similar sad story with his 10 plus million shares in Mudajaya. His RSawit too. You buy, you die. All this is recorded history.
Now coming to Latitude. On 18 Dec 2014 when he talked at Calgary Hall, he already held over 5 million Latitude assiduously collected over 2014 at average RM3-4 thereabouts. Latitude over RM6 is thinly traded, daily volumes in 2015 have never exceeded a few hundred thousand. He cannot take profit without severely impacting the share price. That's why he needs investors to buy. Never mind his heavy protestations of innocence and ultimate philanthropy, just analyse his actions and decide yourself what the man is. Ask him when he first started buying Latitude and what his average price is. Why did'nt he promote the stock then? Why now at RM6?
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....
murali
5,723 posts
Posted by murali > 2015-04-16 20:19 | Report Abuse
Third thread of latitude koon koon opened....