Posted by timetokoon > 2016-02-13 18:04 | Report Abuse

What Ah Koon told other reporters
Ooi Teik Bee, who is managing RM15 million for me, has a system based on financial and technical analysis which will be very useful. He also conducts training programmes and publishes a newsletter
What Ah Koon really want to tell
Ooi Teik Bee, who is managing for me

Posted by Desa20201956 > 2016-02-13 18:06 | Report Abuse

to me, a timely article, a timely reminder.

Posted by Desa20201956 > 2016-02-13 18:11 | Report Abuse

But not enough to make a person rich.....to be a super investor.

To be rich and super investor, one needs Conviction. , needs stock picking skills, needs stock discovery skills.

Conviction of course, must come from experience, from knowledge, from habits and from following the companies that you wish to invest in....Knowing every thing you need to know about the investee companies.

I believe Mr Koon has all these in abundance.

Posted by shortinvestor77 > 2016-02-13 18:12 | Report Abuse

Good article.

Posted by murali > 2016-02-13 18:12 | Report Abuse

I liked this article of Mr.Koon.

Posted by murali > 2016-02-13 18:14 | Report Abuse

If u dont get yrself killed when market crash, u shall become stronger...

Posted by murali > 2016-02-13 18:16 | Report Abuse

During a crash market there are lots of cheap sales....it may happen few times in yr life time (so far 1998 n 2008 for myself)...anyway, I dont think we shall see it in 2016...

Posted by Desa20201956 > 2016-02-13 18:23 | Report Abuse

hahahahaha

Posted by murali > Feb 13, 2016 06:14 PM | Report Abuse

If u dont get yrself killed when market crash, u shall become stronger...

Posted by youlee > 2016-02-13 18:23 | Report Abuse

I never heard china gives 50 years lease extension. Please dont....

Posted by Desa20201956 > 2016-02-13 18:24 | Report Abuse

You never heard any thing lol.

youlee > Feb 13, 2016 06:23 PM | Report Abuse

I never heard china gives 50 years lease extension. Please dont....

Posted by buddyinvest > 2016-02-13 18:25 | Report Abuse

100% agree.

Posted by murali > Feb 13, 2016 06:14 PM | Report Abuse

If u dont get yrself killed when market crash, u shall become stronger...

Posted by Desa20201956 > 2016-02-13 20:16 | Report Abuse

But not enough to make a person rich.....to be a super investor.

To be rich and super investor, one needs Conviction. , needs stock picking skills, needs stock discovery skills.

Conviction of course, must come from experience, from knowledge, from habits and from following the companies that you wish to invest in....Knowing every thing you need to know about the investee companies.

I believe Mr Koon has all these in abundance.

Conviction is a personalized commitment.

stubborn and right makes big profits
stubborn and wrong big losses.

Posted by Dell888 > 2016-02-13 20:34 | Report Abuse

The market only reward those with money and coincidentally are generally people with good holding power

Posted by youlee > 2016-02-13 20:45 | Report Abuse

"many investors are losing money" becos they listen to too many buy calls?maybe?

Posted by enning22 > 2016-02-13 20:46 | Report Abuse

youlee is right ,there was no "50 years lease extension",but was promised 50 years ,no change of system of rule and governance.五十年不变，一国两制 , now known as " one country two systems".
13/02/2016 20:41

Posted by theJedi > 2016-02-13 21:12 | Report Abuse

Mr KYY, thanks for the good sharing!

Posted by soros228 > 2016-02-13 21:34 | Report Abuse

KYY good for sharing.

Posted by saltedfish > 2016-02-13 21:45 | Report Abuse

What is your take on Xinquan, Mr. Koon? Should an investor subscribe to the Rights Issue, after losing so much money in this lame stock, including yourself. Are you subscribing?

Posted by kingcobra > 2016-02-13 22:11 | Report Abuse

those past history ( HIS VERY OWN VERSION OF HIS STORY ) can boast of his successful stories BUT can he repeat or forecast the future?????????? damn boasting!!!!!

Posted by youlee > 2016-02-13 22:15 | Report Abuse

He buys low low but ask you guys to buy high high and sell higher! Think.

Posted by Tom > 2016-02-13 22:17 | Report Abuse

what's going on with u, youlee?

Posted by shareinvestor88 > 2016-02-13 22:20 | Report Abuse

The best time to buy good shares is in a downturn
FL bhd - net cash 85m , no debt , 9month eps 20c. Potential eps 30c in 12 month ending dec 15. Share price 2.06 minus 85c net cash = 1.21. If the coming quarter end dec 15 shows a good profit , the pe can be as low as 4.0 minus cash component

Posted by youlee > 2016-02-13 22:28 | Report Abuse

I just dont like his loudspeaker hehehe.

Posted by Tom > 2016-02-13 22:33 | Report Abuse

me too xD

Posted by jay_j > 2016-02-13 23:15 | Report Abuse

Good sharing.

Posted by paperplane2016 > 2016-02-13 23:28 | Report Abuse

Saltedfish loss rm1 mil in xingquan, poor guy

Posted by saltedfish > 2016-02-13 23:32 | Report Abuse

FBI want to hire you since you so smart

Posted by PlsGiveBonus > 2016-02-14 00:31 | Report Abuse

It feel so good to still standing and breathing

Posted by tony89 > 2016-02-14 07:53 | Report Abuse

lol desa. I really like you. like your mindset!

Posted by Desa20201956 > 2016-02-14 11:09 | Report Abuse

commit to memory if you want to be rich like KYY.
I see lots of very smart people never made it because they lack Conviction in the shares they bot.

tony89 > Feb 14, 2016 07:53 AM | Report Abuse

lol desa. I really like you. like your mindset!

Posted by Desa20201956 > 2016-02-14 11:45 | Report Abuse

" You must sell as profit is not a dirty word. Unless you sell, you have no money to buy back."

You know what is the beautiful mindset here?
It is that KYY still intends to play within the universe he is already familiar . You have to sell to take advantage of market movements. IF you don't sell, you cannot take advantage of your temporary bearishness. But successful people always prefers to play within the universe they already familiar with...........I notice a lot of newbies jump here jump always looking for the next miracle.

A list of favorite shares and play within this list..............this is another habit of successful traders. of course the list can be amended as the need arises.

Posted by Desa20201956 > 2016-02-14 11:47 | Report Abuse

Market dictum.....no one ever goes bankrupt taking profits.

Posted by nakata > 2016-02-14 12:14 | Report Abuse

Thanks Mr.Koon !

Posted by youlee > 2016-02-14 13:00 | Report Abuse

KYY is a very smart investor but is like a firecracker, big bang, but Chua Ma Yu is smarter than him as he knows when to quit.

Posted by coolinvestor > 2016-02-14 13:07 | Report Abuse

Hmm what's the point of comparing? Peter Lim of sg would even be better. So is Bill Gates. Lol

Posted by Lim Elson > 2016-02-14 13:15 | Report Abuse

KYY you are right only if you invest at the right time... if you invest slightly early when market still had place to drop... small player are drying out with margin call.

take profit or cut loss is the best way... dont hold on stock and hope for it..
always remember money in the pocket is your.. others than that is others.

Posted by youlee > 2016-02-14 13:54 | Report Abuse

Did Mr.Koon buy Public Bank in 1998 (when Anwar was arrested)the share price
was just 1.00 and today it's 18.00 after 17 years!!! Plus all the bonus and dividend. Hope he bought some too and keep until today.

Posted by Desa20201956 > 2016-02-14 15:49 | Report Abuse

whether money made from Public Bank or from VS.....you still need Conviction...still need the virtues KYY have in abundance....


To be rich and super investor, one needs Conviction. , needs stock picking skills, needs stock discovery skills.

Conviction of course, must come from experience, from knowledge, from habits and from following the companies that you wish to invest in....Knowing every thing you need to know about the investee companies.

I believe Mr Koon has all these in abundance.

Conviction is a personalized commitment.

stubborn and right makes big profits
stubborn and wrong big losses.

Posted by murali > 2016-02-14 15:51 | Report Abuse

Conviction in vs brings koon koon to banks...
Conviction in xinquan brings koon koon to holland..

Posted by Desa20201956 > 2016-02-14 15:52 | Report Abuse

stubborn and right makes big profits
stubborn and wrong big losses.

you still need stubborn to be successful.

Posted by johnny cash > 2016-02-14 16:15 | Report Abuse

There is a very big drama going on, just because majority of the news is pointing towards the recovery of ringgit, many of the analyst started pumping in positive news on the ringgit recovery.. they tried their level best in changing the theme play, but did not told the truth that the recovery is limitted or just a pin size recovery.. foreign fund started buying our counters but not in a big way. If ringgit is at 3.50 to 4 it still will benefit export counters

Posted by johnny cash > 2016-02-14 16:23 | Report Abuse

So why everybody is getting panic, just some few negative blips in their datas, why everybody is getting panic.. purposely they the government raise the levys, government dirty hands are also in this play, trying to change the theme play, export counters to other sectors, that will benefit from ringgit recovery.. becarefull our government is a very corrupted one, their play is quite dirty

Posted by johnny cash > 2016-02-14 16:27 | Report Abuse

Many dirty parties tried their level best in changing the theme play, but it is not working at all. Just wait n see what their next move will be, in giving blows to export counters, levy is put on hold now. So just wait n see

Posted by tony89 > 2016-02-14 19:26 | Report Abuse

---->>>>desa, when u say conviction, is it stick to the reasons why you buy the counters initially and install bullshit filter ignore there noises??


You know what is the beautiful mindset here?
It is that KYY still intends to play within the universe he is already familiar . You have to sell to take advantage of market movements. IF you don't sell, you cannot take advantage of your temporary bearishness. But successful people always prefers to play within the universe they already familiar with...........I notice a lot of newbies jump here jump always looking for the next miracle.

---> if you ignore the noises, why/how you gonna lock the profit since you know that drop of the price is just temporary and swinging of the markets are just due to others's emotion. first they deny, den comes the capitulation.

Posted by Desa20201956 > 2016-02-14 20:11 | Report Abuse

tony
Conviction does not come as easy as you think. The market is full of uncertainties...where does the Conviction come from?
It can form the basis of a book, I think.
a good summary ..."Conviction of course, must come from experience, from knowledge, from habits and from following the companies that you wish to invest in....Knowing every thing you need to know about the investee companies. "

I know lots of very smart people who cannot develop Conviction and so cannot make money from shares.

perhaps the smarter one becomes, he develops less Conviction and more skepticism. but there must be a good balance between Conviction and Skepticism.

Posted by Desa20201956 > 2016-02-14 20:24 | Report Abuse

Tony
But successful people always prefers to play within the universe (shares) they already familiar with...........I notice a lot of newbies jump here jump there always looking for the next miracle.

A list of favorite shares and play within this list..............this is another habit of successful traders. of course the list can be amended as the need arises.

Posted by enning22 > 2016-02-14 20:42 | Report Abuse

i don't know what is conviction in investment,but i know of value-investment, i stick with those stocks , that i consider have intrinsic value, and bright future prospect; and stay far away from those "goring stock";and stocks ,whose management that can't perform,ie, not making good moneyfor the company
14/02/2016 20:38

Posted by tony89 > 2016-02-14 23:35 | Report Abuse

i see what you mean. I agree with ur CONVICTION. Other than those knowledges from the text book we require experience. One to be successful in investing we must know how to master our emotion which separate those 20% from the remaining 80% of investor.

GOod. hope to see more post from you :)

Posted by Desa20201956 > 2016-02-15 00:05 | Report Abuse

no Conviction means sell too early. Fall in love with the winners means cannot sell at the top....tough balance.....lol.

<i don't know what is conviction in investment,but i know of value-investment, i stick with those stocks , that i consider have intrinsic value, and bright future prospect; and stay far away from those "goring stock";and stocks ,whose management that can't perform,ie, not making good moneyfor the company >

Posted by Desa20201956 > 2016-02-15 00:24 | Report Abuse

no Conviction means sell too early. Fall in love with the winners means cannot sell at the top....tough balance.....lol.

I wished there is a differential equation where we can find the turning point, the optimum point, but there is none....even IMB's Deep Blue cannot get an answer.