Icon article is very fun to read, easy to understand, back by details/statistic, very practical and useful, his contribution in i3 is by far the greatest. Don't forget he is so old already (from his photo) but still so hardworking to cover so many companies. Great JOB !!!!
good article, keep it up... I believe there are 7 counters poised for good earnings growth in 2016 and these include KMLOONG, APOLLO, WTK, TAANN, TSH and FIBON
Bro Icon8888, i presumed u are retired oredi,,,glad to see u have found a new life in I3....happy blogging, happy cooking sea cucumber and most importantly happy making $$$$
Uncle Icon, good work. I would suggest you include AEMULUS in your list of coverage. My analysis show that this company has potential to shine in year 2016.
Icon just my opinion. As everyone is aware, you are a value guy. When you do those stocks writeup, those list of stocks are generally 'cheap' & has 'low expectation' if not undervalued, because I do not study all of them. To use your list of stocks to proof the theory that 'profit increase lead to share increase', and as we all know, it is a positive correlation. It proof the theory applies to reality.
But if you use that theory and applies to a bunch of high PEs stocks, that is when the theory is very likely to generate a very different outcome in real life and fall apart.
And now to people that just take KYY golden rule at face value, they dont really look at all these, they will think 'oh topglove will grow, public bank will grow, lets buy it' So it become indiscriminate that what people call 'buy at any price, as long profit is growing'. And I say it many times, public bank profit will grow whether you buy it at RM1 or RM100, but your investment return on one end is beggar and another end is millionaire. That is the problem with this golden rule.
Your point is valid. I think Uncke Koon is aware of the issue too. I can see he inserted the wording "preferably with reasonable PER". It wasn't there in the 2014 version
there is no wining formula. even warren buffee was wrong in investing Amerian Airlines. there are times you are spot on the counter but due to reasons beyong your control timing is off. even a long term investor ( 3-5 )years may not see the result. we mere mortals holding period are even shorter. Envron is a classic example where too big too fail. Lehman bros is another classic case. Coming closer to home is Peter lim (Singapore) invested 1 Million Shares ( SGD ) in Wilmar 1996. sold off the block for 1.5 BIllion . that one is a lucky shot. happy trading
Thank you Icon kor-kor.You are 68 and I am 67.I started learning to trade shares at 40.My most memorable trading experience was buying SIN HENG CHAN at RM12 and selling at RM60 in 1993.Like you I also hope to leave behind a legacy for my children.WISHING ALL A HUAT,HUAT YEAR OF 2016.
No point criticize any writer in I3, just learn good and valuable strategies from the writer and we perfect it. It can be used to improve our performance in KLSE. I learn a lot from all sifu in I3. Thank you.
Dear All, In i3, We are here to help the investment community by sharing the investment knowledge and not to curse each other. No one is GOD here. For those who recommend stock in i3, please also has the courage to admit mistake if the stock is not performing as expected and move on. For those who follow the buy call, please always remember that you are the one who are responsible for your decision. Do not blame others. It is not easy to recommend a buy call as there are so many factor that can impact the share price which is beyond our control.
Couldn't disagreed with Sifu OTB ....... indeed just like how we teach our children - "remember the good and forget the bad" !! We r no perfect n how can we hv "perfection" !!! Is much easy to shoot at the back than in the front ............ so let's carry on to learn together n hopefully for some it will make a diff for other gahhhh !!! Happy & Healthy & Prosperous 2016 . Happy trading too
I just subscribed to I3 last month and find your article informative, interesting and valuable for small retail investors like me. sifu Koon's theory works generally well if the reported numbers are not exaggerated or falsified. I had fallen victim to companies like Transmile and NamFatt which reported fictitious revenue and profits. Since then, I am vary of companies whose directors I have lack of confidence, especially China companies listed in Bursa such as Xinquan, CSL etc. thank you for sharing your experience and knowledge of companies listed in the Exchange
Oh my. This is such a good read. Clash of The Titans series are wonderful bro Icon8888. Great job and I wish you success with your kindness in sharing those knowledge bombs.
Well some of the observation/comments is correct/good especially on hexza while some is base on assumptions Hexza is a good company , net cash company with ample cash - somebody already writing on it , and discovered this gem. It was insider Asia stock feature and also written by another blogger http://klse.i3investor.com/blogs/kianweiaritcles/86642.jsp
Many people said investment forum very dangerous, so far i3 is the best and most updates and most honest forum to all.
Tapi, there is no free lunch!!!can't 100% people here with good intention more than 50% is bad intention. Happyly to see the good one to kick out the bad one.
Learn from all people. The thing quote from koon I think good and learn from him is:
Rule number 1: The profit for this quarter must more than last quarter. More ? 1m ?2 m30m ?100m? Consider more? Yourself decide.
Its called conviction when right and win big also called stubborn when wrong and lose big
Final results are based on strategy and stock picking skills. First, most people really got no strategy one. Secondly, on stock pickings, and buying and selling decisions, the losers says Yes too often. the winners rarely says Yes
some believe its almost impossible to reliably time mkt over the long term, they believe the key is to stay almost or fully invested in growth/value stocks at all times.
but so long one is happy, making $$ and harm nobody...no right or wrong method.
nobody is perfect. whatever we do keep it professional. share our ideas and thoughts. at this forum. there are good vibes and bad vibes. just filter out the bad vibes and keep the good vibes. happy trading
Uncle Koon's Obsession... He has the track record and the skill set to handle it.
Now, every small time investor also want to be Uncle Goon ....the rage is on, it has even spread to the investment community in the analysts community. Nobody wants to miss the game.
When the market turns , everybody don't know what to do The analysts community just write reports, it is not their money. And they don't have the skill set to handle it.
To cut a long story short, there is no single rule...if there is it would be quickly arbitraged away and next time, somebody will invent another magic formula for short cuts. hahahaha
fair comments well analysed report n researched done n covered enough.all good intentions and hard work given on research n diligent,little luck has a part in mans play.
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....
buddyinvest
719 posts
Posted by buddyinvest > 2016-01-06 07:39 | Report Abuse
Great work icon8888