There is one advantage of buying a 'crooked co.' like the above....you are sure they can generate E out of nowhere, and even keep increasing it... So accordingly you P will go up and give u enormous gain. i.e, its like joining a 'robbery gang'...just that you don't know when one of your own gang members will rob you....and shoot you dead! ha ha..
I thought you need to adjust earnings for any abnormal or non-recurring items to calculate your P/E? Both multiple or DCF methods need to adjust for extraordinary items and consider the earnings quality right.
When "God is in the detail" catches and filters out "the devil is in the detail"....Your investment decision will bring u "MADU"...OTHERWISE u will have "RACUN"
sunztzhe, you are politely requested to stop using "sunztzhe" as ur ID especially after hisbics. U are not good at all. Not nice la for u to use sunztzhe as u r crappy is it?? Thank u
Posted by talkcockbotakchek888 > Nov 29, 2015 01:18 AM | Report Abuse I thought you need to adjust earnings for any abnormal or non-recurring items to calculate your P/E? Both multiple or DCF methods need to adjust for extraordinary items and consider the earnings quality right.
The abnormal or non-recurring items were reported as "net profit for the period" which are used to calculate earnings per share. They are not reported under the "other comprehensive income" section.
How many people in your opinion know how to do the adjustment?
Multiple identities at work again.......frauding under multiple identities....Why must you hide under multiple identities?? Do u relish the fun in commenting using multiple identities as in the case of a pathological liar???
Revenue Cost of Sales Gross Profit Other Operating income Operating expenses Others Operating Profit Interest Income Interest Expense Others Share of Associate company P&L ------------------------------- Pre Tax Profit Taxation ------------------------------- Profit after Tax ------------------------------ Extraordinary items Minority Interest ------------------------ Net Profit ---------------------- Adjusted Net Profit
Would the person hiding under multiple identities come forth to contribute positively rather than relish the joy of negatively attacking others with devilish delight in i3 forum?
i3 forumers already know who u are..please don't ever think again that others do not know...the fact is they know.
Come right up ...just come clean ...please don't be shy...
Please take this opportunity to cleanse yourself and you will be forgiven for being a fraudster with multiple identities
Compare co 2 3 year account n if d co is selling roti canai so anything no directly from sales of roti canai tat appear in one year but not the others shd b excluded from its eps is it? Thank u
BenBlurBlur IV WACC All d big big words big big titles but u r all theory nothing else not good is it?? Thank u 29/11/2015 11:50 -------------------------------------------------------------------- Maybe u r indeed really BLUR BLUR...I stronly recommend that you change your name of BenBlurBlur...you r indeed really BLUR
IV WACC Future cash flows are not big words..its the normal word used in Corporate Finance..why you say "All d big big words big big titles"
So what info do u use in buying a stock besides the investment advice already stated by KYY since you had already poo poohed DCFA...which is the current subject matter of discussion by kcchongnz??
KYY advise is very straight forward and simple..increasing EPS year after year and he had been extremely successful with his investment methodology...look for shares with increasing EPS year after year..low PE multiple..ride the winnings until the EPS start to disappoint...not relying on NTA, IV from DCFA, EV/EBITDA etc etc
PLEASE DO SHARE ON WHAT IS YOUR INVESTMENT ADVICE IN YOUR SUCCESSFUL INVESTMENT?
For a start, r u a Value Investor who relies on FA, a Contra player or just a Technical trader or a hybrid of "FATA n gambler..all in ONE"?
Posted by donfollowblindly > Nov 29, 2015 09:57 AM | Report Abuse Why always claim make high return but never got rich? Meaning high return fake one? I never got rich.
The article here discussed about if solely relying on PE ratio is a good way to invest. But why are you talking whether I got rich or not?
High return fake one? The two portfolios of mine were published in i3investor 2-3 years ago. Both gained more than 100% now while the overall market is flat. How can they be fake?
If others follow those stocks in the portfolios, they would have made more than 100% return in less than 3 years. They probably would have made more if they have invested in other stocks following those principles and methods of investing.
Isn't the above more satisfying for me, than whether I got rich or not?
Maybank C-6 was not included in the portfolios of investment put up in 2013. For investing, I do not advocate people punting in call warrant.
I wrote about Maybank call warrant to share what is financial risk management is about. It teaches about what option is, what is it made up of, time value and intrinsic value, premium, gearing etc. I even share the valuation of call warrants.
I advocate financial risk management, and not speculating or gambling as explained in that article.
Posted by donfollowblindly > Nov 29, 2015 06:17 PM | Report Abuse Coastal Contract bought at RM 3.27 now RM 1.90, why also miss in your calculation of return? http://klse.i3investor.com/blogs/kcchongnz/70035.jsp
Yes, I have shared the investment thesis of Coastal, but Coastals is not one of the stocks in those two portfolios.
I shared scores of stocks in i3investor over these three years, mainly for sharing on some investment principles and methods. If you want to talk about the returns of what I have shared, try tabulate all those stocks I have shared, and check the returns of all the stocks I have written. Don't pick and choose just to engage in personal attack.
I am amazed that you are so unlucky that you have followed blindly investing in the less than 10% of those stocks which I have written and made losses.
Posted by i4investor > Nov 30, 2015 04:06 PM | Report Abuse why make investment so difficult, I just use EPS & PE, settle...
Good point. That was what I did 30 years ago when I was a sucker in the stock market.
See the list of lemons mentioned in this post which was put up 2-3 years ago? Investors who base on PE ratio and rumours about how good they were and invested in them,lost their underwear, without any exception.
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....
Probability
14,500 posts
Posted by Probability > 2015-11-28 19:30 | Report Abuse
There is one advantage of buying a 'crooked co.' like the above....you are sure they can generate E out of nowhere, and even keep increasing it... So accordingly you P will go up and give u enormous gain.
i.e, its like joining a 'robbery gang'...just that you don't know when one of your own gang members will rob you....and shoot you dead! ha ha..
May be u can still escape the Police - Bursa.