Posted by Icon8888 > 2016-11-16 11:59 | Report Abuse

u r welcome

Posted by Icon8888 > 2016-11-16 12:00 | Report Abuse

I stay away from chin well because I don't know how the chinese competition will affect them

Posted by tkp2 > 2016-11-16 12:03 | Report Abuse

good sharing

Posted by Abismail > 2016-11-16 12:04 | Report Abuse

Hi icon...tq ...i prefer TGUAN

Posted by soojinhou > 2016-11-16 12:05 | Report Abuse

Well, to avoid Donald Trump's enacting tariff against all imports, safer bet is export counters that don't sell to US, like Hevea and Tguan.

Posted by VenFx > 2016-11-16 12:07 | Report Abuse

hmmm , Air asia .

Posted by Up_down > 2016-11-16 12:10 | Report Abuse

Icon has reshuffled his portfolio....His capital must be very big to make early preparations. I'm still waiting upcoming QR by this month.

Posted by Invest1188 > 2016-11-16 12:11 | Report Abuse

Icon888, what is ur view on cimb

Posted by tkp2 > 2016-11-16 12:11 | Report Abuse

Icon fund must be very big, can buy so many stocks

Posted by Icon8888 > 2016-11-16 12:17 | Report Abuse

I am still very bullish about CIMB. If you ignore the price weakness due to foreign funds pull out, they are supposed to reach all time high profit by 2018 (based on various analysts' projection).

Posted by Icon8888 > 2016-11-16 12:17 | Report Abuse

tkp I am a small fly.

Posted by Invest1188 > 2016-11-16 12:19 | Report Abuse

Thanks icon

Posted by Kenz > 2016-11-16 12:35 | Report Abuse

Thank you Icon..useful guide for my 2017 portfolio.really helpful

Posted by curious2 > 2016-11-16 12:38 | Report Abuse

Why no more talk AirAsia?

Posted by angku > 2016-11-16 12:41 | Report Abuse

Is rubber price increase going to affect supermax earning?

Posted by Ricky Kiat > 2016-11-30 10:16 | Report Abuse

bro icon888, what is your view about plantation stock ? & bjcorp ??

Posted by Kyou > 2016-11-16 12:49 | Report Abuse

Thx sifu icon for sharing.
Icon8888 aldy told us so much abt AirAsia, the last mention was believe the sales of leasing unit..Lol..lets pray pray..

Posted by Stockwatch > 2016-11-16 12:49 | Report Abuse

Thanks for sharing and giving us the macro viewpoints.Just would like to add to your views.On the export sector there would be new headwinds approaching.I would sum it as the pull and push factor.The government has put the freeze on foreign workers and has lifted the ban on certain sectors like manufacturing.However there is the push factor at play...foreign workers now in Malaysia would have finished their contracts and would not renew their contracts.Consider the following...exchange rate US$ RM end December 2014 3.50 , end December 2015 4.29 and today about 4.35.The foreign worker is repatriating less now in terms of savings and it is not an attractive option as they would rather work in a country for 2 years with a stable currency and less inflation as he is taxed 6% GST also for buying cigges and maggi mee :(
So the plans for MyEg to go to rent out hostels to foreign workers would seem a daunting task now.Just my 2 sens (and shrinking) opinion.

Posted by Icon8888 > 2016-11-16 12:52 | Report Abuse

Ricky I bought some jtiasa. Just in case cpo plummets, at least I still have FFB growth

Posted by JN88 > 2016-11-16 12:58 | Report Abuse

I follow you, u buy what i sailang what....wakakakakak we follow Donald, sure win...

Posted by Ricky Kiat > 2016-11-16 13:04 | Report Abuse

so u only choose jtiasa for plantation stock? jtiasa is my top pick now. (^o^)

bro icon888, what is ur view if i plan major buy in for mbsb & bjcorp in mid 2017 ?

Posted by Op3rs > 2016-11-16 13:05 | Report Abuse

mr icon, may i know what is your opinion on eg?

Posted by OrangKuat > 2016-11-16 13:18 | Report Abuse

Hi Icon, looking forward you write more blog regarding to Airasia.

Posted by Ezra_Investor > 2016-11-16 13:21 | Report Abuse

Hello Icon8888 bro, it's been awhile hasn't it?
How are you faring? From your article I assume you have been doing well?

Actually, with WTK you already have a proxy to CPO, so no need to worry too much about it.

Anyway, not all Value Investors hold their stocks indefinitely.
This is a trait only practiced by certain value investors like Buffett, Graham, Peter Lynch. Other value investor such like Marks, Browne does not hold indefinitely and sell when it reaches it's above intrinsic value.
I believe you belong to the latter group. No right or wrong, just different strategies for different individuals.

Posted by ConnieChoo2015 > 2016-11-16 13:25 | Report Abuse

Thank you Icon sifu.
according to your normally practice, will you sell you "good" stock (stock that growing every quarter)when there is "big" correction?

Posted by master_tan > 2016-11-16 13:50 | Report Abuse

hello icon8888, its been a while not hear from you. Good to see this article helping ppl on the 2017 portfolio management.....

Posted by PlsGiveBonus > 2016-11-16 13:52 | Report Abuse

Reshuffle just because of Trump
That is absurd

Posted by paperplane2016 > 2016-11-16 13:55 | Report Abuse

haha. so next 4 years export?

Posted by linges > 2016-11-16 14:05 | Report Abuse

good article...

Posted by foreign_fund > 2016-11-16 14:29 | Report Abuse

Donald Trump is our new President. His policy is buy US first. Buy oversea last.

Posted by jjjj4 > 2016-11-16 14:58 | Report Abuse

thx for sharing..Thumb up forIcon8888

Posted by ronnietan > 2016-11-16 15:19 | Report Abuse

Congrats, Icon8888, I see your articles get a lot of response, all favourable.
Welcome back.

Posted by cheunnla > 2016-11-16 15:19 | Report Abuse

thanks for sharing. Whats your view on homeriz?

Posted by meathere > 2016-11-16 16:21 | Report Abuse

Icon,

From what I see from export stocks (value + growth) stocks combination in 1st year to growth stock of AA in 2nd year. For 2017 is another mix bag of value & growth stocks.

What I still like in the 2017 selections for the like of - Geshen, Hevea, Jayatiasa, Latitud, Poh Huat, Prolexus, Supermax, Thong Guan, WTK - there still have the basis for a good company such as values of consistent operations, good returns on capital and a pretty healthy balance sheet.

I also believe no matter who is the US president or how radical he/she is, if a company continuously derive intrinsic value from their ability to generate profit and proven consistently to be able deliver healthy earnings is a safe bet. The macro and external factors like change in tariff, demand, forex, and trade policy are consider as bonus advantages or disadvantages to a company.

Btw - since your 2017 is a mix bag of selection between value & growth stocks, guess it is covered in both ways since value stocks tend to outperform during economic growth period while growth stocks perform better in general when the economy turn to weaker. Unless anyone got a working crystal ball to tell what lies in the future, I am all ear for it.

Good sharing, hope for more constructive inputs and brainstoriming ideas everyone.

Cheers.

Posted by lching > 2016-11-16 16:48 | Report Abuse

LIKE. thanks icon8888. couldn't agreed more on "50% skill, 50% luck".

Posted by Tee Tom > 2016-11-16 18:42 | Report Abuse

uncle icon, Didnt you look into a brighting star superlon?

Posted by Force > 2016-11-16 19:40 | Report Abuse

Iq group also very good :)

Posted by sayakamiyuki > 2016-11-16 19:44 | Report Abuse

Hi icon, will you buy AAX?

Posted by pputeh > 2016-11-16 19:57 | Report Abuse

Superlon also export stock

Posted by Lioncity > 2016-11-16 22:55 | Report Abuse

Icon, still keeping Mflour that you wrote about it in May '16? Any view on the upcoming qtr report?

Posted by Bizfuneng > 2016-11-16 23:21 | Report Abuse

A big thumb up for sifu Icon on sharing his logic behind his portfolio management.

Posted by wkitwing > 2016-11-17 01:21 | Report Abuse

just curious here,does mkh benefits from strong USD because of its oil palm sector?

Posted by excelyou > 2016-11-17 11:19 | Report Abuse

thumb up

Posted by cephasyu > 2016-11-17 14:17 | Report Abuse

Thanks for sharing, Icon888. Great call on AAsia

If you have the time, it'd be great to see a writeup on Jtiasa. Also, do you have an opinion of their coming Q earnings? Thanks

Posted by Jonathan Keung > 2016-11-17 16:45 | Report Abuse

Donald the wall builder will proceed with his great wall empire. Ego and good for business

Posted by HuatAh88 > 2016-11-17 17:58 | Report Abuse

Richard Branson said it is not up to one man to shape the world we live in - it is up to all of us. So I think with their past 44th presidential legacy and with senate & house of congress will govern & prevent any drastic move

Posted by Max2838 > 2016-11-17 18:06 | Report Abuse

Icon, I like your focus on future earnings of stock that you want to buy in 2017.
What are about plantation stocks (e.g. FGV, Sime, etc) as CPO prices are rising and next year is a bumper crop after a drought year. Earnings are in USD (CPO prices correlated with USDMYR) and labour wages and some costs are in Ringgit.

Airasia may not be a good bet now as it is no longer a low cost carrier. Where got low cost when there are no low cost terminals in Malaysia? Where's the competitive edge?

Posted by Mat Cendana > 2016-11-18 11:03 | Report Abuse

Very reasonable strategy here. I'd say 12 months would already qualify as "long term" with some people. We don't have to set it in stone. If the situation changes, it can be less. Or add another six months.

I'm going to load up on export counters too. Waiting for dips to enter. And then just wait.

Posted by lyk204 > 2016-11-23 11:45 | Report Abuse

Thanks ! Icon,your infos are so interesting to read..

Posted by VenFx > 2016-11-23 12:01 | Report Abuse

Icon8888 still enjoying fight at johotin ,, kiki.