12 people like this.

156 comment(s). Last comment by stockmanmy 2016-12-22 16:26

malaysiaku

583 posts

Posted by malaysiaku > 2016-12-19 15:18 | Report Abuse

@masterful...VIS 0120, macam tak laku...jumlah saham cuma 110.70million sahaja...volume transaksi macam tak bergerak...dividen not sustainable(maksudnya tak ada duit untuk bayar dividen)...terakhir bayar dividen 16 may,2011...lepas itu, tak ada dividen lagi...risiko tanggung sendiri.....haha.....

mamatede

3,950 posts

Posted by mamatede > 2016-12-19 17:14 | Report Abuse

No offence to anybody, but if an investor during general meeting teach the management to spread out their payment so on to smoothed their quarterly profits this shows you that this person is very cunning. Last time i like to read that investor article, but after the recent Gadang bloodshed just make me think twice and don bother to click on the investor link anymore for his so called article and make money strategies.

Lastly, if some prominent investor promote aggressively a counter, and if u happen to hold it. Be prepare to sell

kcchongnz

6,684 posts

Posted by kcchongnz > 2016-12-19 17:52 | Report Abuse

Posted by mamatede > Dec 19, 2016 05:14 PM | Report Abuse
No offence to anybody, but if an investor during general meeting teach the management to spread out their payment so on to smoothed their quarterly profits this shows you that this person is very cunning. Last time i like to read that investor article, but after the recent Gadang bloodshed just make me think twice and don bother to click on the investor link anymore for his so called article and make money strategies.


This is called "pivoting moment concept", "dynamic investing" etc!

kcchongnz

6,684 posts

Posted by kcchongnz > 2016-12-19 18:00 | Report Abuse

Posted by mike90 > Dec 18, 2016 06:16 PM | Report Abuse
KC so daring hentam KYY again.
C what KYY firing back later.


You were right on the spot. There was salvo again in someone's latest article on Fund manager, and my name was mentioned again.

But mike, please read my above article a few more times and tell me did I "hentam" anybody in the article, or rather sharing a certain investing method that did not work for me, with all the data and records?

Is it an article of discussing a topic, or an article talk about personality?

Does an investing topic belongs to somebody?

mike90

203 posts

Posted by mike90 > 2016-12-19 18:13 | Report Abuse

Kc,better just surrender to him.
He is the real big boss in Malaysia with strong influence.
He surely wont surrender.

rchi

20,955 posts

Posted by rchi > 2016-12-19 18:45 | Report Abuse

KC,you are dealing wth an old man wth an ego as big as the extinct dinosaur..hahaha.
Just ignore him n move on.

coolinvestor

1,251 posts

Posted by coolinvestor > 2016-12-19 18:47 | Report Abuse

yes i agree with rchi.

tksw

12,852 posts

Posted by tksw > 2016-12-19 18:50 | Report Abuse

KCChong sifu, veli thick skin hor? this "man"... I seldom tok ppl, but I really kenot tahan this "man".

cefiro22

383 posts

Posted by cefiro22 > 2016-12-19 19:42 | Report Abuse

Mr Koon Yew Yin often quotes his "Golden Rule" = ...my share selection golden rule which is that the company must be able to make more money in this financial year than in the last financial year.....sounds so easy and simple that all we need to do is to programme it into a computor and let the computor to decide BUY or SELL. Is there any need for further research, forecasting...etc?

kcchongnz

6,684 posts

Posted by kcchongnz > 2016-12-19 19:45 | Report Abuse

Posted by rogers123 > Dec 19, 2016 01:25 AM | Report Abuse
kcchongnz: Try to use earning surprise...... Comparison of earning from year to year is too simple

To use "earnings surprise" you must have earnings projection in the future. A number of people ridiculed me for not being to do so, which is right, I can't predict the future. I doubt many people can do that too.

In overseas like US, there are many analysts following a particular stocks. It is their duty to make earnings estimates, as they have all the information of the future, and investors generally follow these earnings estimates from analysts. But not in Malaysia, especially for those smaller stocks, like all those stocks in my article.

But let me tell you one thing. 80% of them cannot predict the earnings any where near to the actual. In fact, quite a substantial number of them even got the direction of earnings wrong!

Don't get me wrong. Some of them can do a good job, but there are very very few, and far and between, especially for people who don't even know how to read financial statements, nor interested in reading annual reports, industry reports etc.

rchi

20,955 posts

Posted by rchi > 2016-12-19 19:52 | Report Abuse

What golden rule?Old man has crystal ball to tell future?
All he does is at best an estimate using currently available info.
How i wish stock selection is as simple as the old man think?
Some more want show off Fred Tham praise him, but all that Fred is doing is PLP him.

rchi

20,955 posts

Posted by rchi > 2016-12-19 19:55 | Report Abuse

If one is really good in stocks,i dun mind you making some noises.
But if all you know is so limited pls talk less,the more you talk the more the world know wat a tin kosong you are.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:09 | Report Abuse

20 formulas and 20 accounting ratios your secret to success, a margin of safety or an intrinsic value? or a palliative, just an illusion ?

just medicine sales men....KYY got a nephew with CFA title lose money fast fast soon after getting the titles.

Golden rules with business sense good enough to select good stocks with profit potential. Rudimentary TA and rudimentary TA enough .

The simpler the easier to understand the core problem.

Its business , then people then numbers.

Of course in assessing a business, you do need some basic numbers....but it is a qualitative issue......not a margin of safety issue, not a sleeping pill to get you to sleep.

Just because advanced CFA FA and TA is heavily promoted, does not mean you need to be a CFA to make it in the stock market.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:12 | Report Abuse

How dare people do not even what to talk about the attribute of a successful trader/ investor....and put the whole problem into maths formulas.

Its GIGO.....garbage in, garbage out....all the numbers of 20 formulas and 20 ratios all come from the same source.

rchi

20,955 posts

Posted by rchi > 2016-12-19 20:15 | Report Abuse

Another PLP trying to tell me how to trade stocks hahaha.
If you hv ever in your life achieved 500% return in a month like me,then talk more...else just shut up.
In bursa,i ate salt more than you eat rice.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:16 | Report Abuse

rchi


you are not the only one around here.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-12-19 20:17 | Report Abuse

this stockmanmy is really an eye opener for me. I have never seen somebody as PLP as him. Like the Chinese said, one kind of rice feeds hundred types of people. Hoo hoo

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:18 | Report Abuse

if all the numbers in I3 research and in the announcements and Annual Reports , not enough to form a conclusion....advanced FA knowledge is not going to help you.....it is just a palliative.

rchi

20,955 posts

Posted by rchi > 2016-12-19 20:19 | Report Abuse

good.

i still the the so called golden rule is crap....wat you need in bursa is different rules at different times...try apply the golden rule in a steep correection for instance.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-12-19 20:19 | Report Abuse

In his dictionary, the word shame doesn't exist

I am sure if he lives in the era of Japanese occupation, he will be one of those traitors that betrays his friends and relatives in exchange for goodies

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:20 | Report Abuse

yes...Icon


I have strong opinion of what I write.

can or cannot?

people think I look for job with KYY...that is their problem, not mine.

rchi

20,955 posts

Posted by rchi > 2016-12-19 20:21 | Report Abuse

good one icon...hahaha....wonder what he is hoping to get...a donation maybe?

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:21 | Report Abuse

that is all the opinion?

no opinion of what I write?

what has happened to icon power in Comcorp?

rchi

20,955 posts

Posted by rchi > 2016-12-19 20:26 | Report Abuse

To rephrase the so called "Golden Rule"

"One must have different golden rules at different cycles of the market."

Hope you get it.
Gudnite.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:34 | Report Abuse

that is all?.....all you can say is shameless and Japanese?

My opinion is clear.....just because one does not have CFA title or CFA knowledge does not mean one cannot be a billionaire out of the stock market......

First, it starts from self awareness........

read this.......


http://klse.i3investor.com/servlets/forum/600111929.jsp

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:37 | Report Abuse

A successful trader has a good intuition about timing, about pivotal moments ...it can be developed with experience.



Mangojuice > Dec 19, 2016 08:30 PM | Report Abuse

Mr Koon 'Golden Rule', made a sell call on 27th November! Called those who didn't cut loss as stupid! Even stab and mock Mr Ooi openly! Then quietly bought on 7th December! 10 days later boast and brag, how smart he is! Wow, I never come across such a display of shamelessness!

sostupid

447 posts

Posted by sostupid > 2016-12-19 20:50 | Report Abuse

“If something is easy to compute and understand, it is extremely unlikely that the market will misinterpret it. Therefore, such information will not, by itself, provide evidence of mispricing.”

market = how many people? I want discount or sales or good quality, taste and fashion and circumstantial needs and others, all these are mispricings, we love mispricings. I love it. I am not forcing you accept mispricings for you. I want to sell my bicycle you must buy for RM500 or I don't sell that is not my mispricings!

Tommorrow, I change my mind when I am broke and I want to sell for RM20 with the same bicycle, that is not my mispricing either.

Even when I advertised the price cut, that is not because I am senile, and that everything I do is a right perception of mispricings!

It is human skills that count. sax also don't need mathematics so much. Vomit Blood by me or you also can not convince you not to convince me and convince myself not to convince you. I hope you give up because I have given up on you for a long time ago so that I do not have to give up myself just for your sake of FAA or FAAC or ABC sake.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 20:55 | Report Abuse

“If something is easy to compute and understand, it is extremely unlikely that the market will misinterpret it. Therefore, such information will not, by itself, provide evidence of mispricing.”

If some thing needs a CFA certificate to understand, it is just a palliative salesmen sells to you.

bracoli

2,579 posts

Posted by bracoli > 2016-12-19 21:03 | Report Abuse

Aiyo kc ar kc... instead spending time on these clarification u better write a good stock study ma... everyone knows education is utmost priority.. wanna use "senses" how to survive wor

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 21:03 | Report Abuse

there is no mispricing , never ever.

the price is the price on the screen.

you buy because you think it will go up for XXX reasons within the time span XXX you specified.



now...that would be a better approach to things. All the safety of margin and intrinsic values derived from your formulas are an illusion

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 21:04 | Report Abuse

you have to survive on your business senses.


bracoli > Dec 19, 2016 09:03 PM | Report Abuse

Aiyo kc ar kc... instead spending time on these clarification u better write a good stock study ma... everyone knows education is utmost priority.. wanna use "senses" how to survive wor

Icon8888

18,659 posts

Posted by Icon8888 > 2016-12-19 21:06 | Report Abuse

aiyo... stick to the EPS lah... get the EPS right and you can Huat... all these arguments make my head spin....

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 21:49 | Report Abuse

icon


some times no need get EPS right also can huat huat like in Hibiscus.

Its called awareness.

calvintaneng

56,628 posts

Posted by calvintaneng > 2016-12-19 21:56 | Report Abuse

Posted by stockmanmy > Dec 19, 2016 09:49 PM | Report Abuse

icon


some times no need get EPS right also can huat huat like in Hibiscus.

Its called awareness.

GET EPS RIGHT & CHUN CHUN?

Calvin got one here:

DRB HICOM

Cash of 13 cts already in the bag. From Rm280 million Price Gain of POS share price. Anything other profits will be added bonus: from sale of 8x8 defense tank, Proton Ertiga MPV and huge profits from Corwin sale. Apart from ECommerce DRB has puspakom as a monopoly. Bank Maumalat a rising Islamic Bank & other assets with total NTA of Rm3.16

And DRB has transformed itself into an ECommerce Setup through its 53.5% Subsidiary POS Office.



Assuming the lowest earnings of 13 cts from POS alone

These are the prices for DRB

At 13cts

P/E 10 = Rm1.30

P/E 15 = Rm1.95

P/E 20 = Rm2.60

Anything below Rm1.30 is an outright buy.

Regards,

Calvin

cheoky

2,823 posts

Posted by cheoky > 2016-12-19 22:05 | Report Abuse

lol so many kind of people in a short span of comments. The best of the best PLP Japanese agent, Eagle with bulldog bite on DRB never give up, sosstupid still stupid and a wise old man laughing.

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2016-12-19 23:03 | Report Abuse

To be a good investor, one must always see the company as a living organism. All criteria are bits and pieces to understand the company as a whole, some information are relevant but not important, some are way too important.

(For instance, to decide the gender of a person, does long hair means its a she? Normally it is, but not necessarily. This is what we call relevant but not important. )

Say to diagnose the health of a person, some look at the appearance (height, big eyes, etc ==> what everybody else is looking at==TA), some look at symptom of sickness (skin conditions etc), some look at measurement (blood pressure, cholesterol, blood sugar etc==FA). Of course some are more accurate and more important measurement then others. At times one factor is more important than the others.

Accounting is the language of the business. It is supposed to be articulated (everything must add-up).

By the way, you know what makes a stock moves up? HOPE!
What makes a stock drop? DISAPPOINTMENT!

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-19 23:14 | Report Abuse

Now you are talking

Junichiro

2,063 posts

Posted by Junichiro > 2016-12-20 09:52 | Report Abuse

Hope? yes. hope spring eternal in all humans. That is why u can see forumers shouting $9, $10 for no obvious reasons.

More simple - a kid with a pencil and a ruler can make millions.

3iii

13,194 posts

Posted by 3iii > 2016-12-20 13:23 | Report Abuse

As a general observation, only a few investors can do FA to the detail that KCChong has shared. For the majority, they may lack the resources, the computers and the mathematical skills to implement this approach. Nevertheless, most of them should be able, with some patience and diligence, extract and use the ideas shared by KCChong. Of course, investing looks simple but it ain't easy. First rule: Never to lose your capital.

cefiro22

383 posts

Posted by cefiro22 > 2016-12-20 17:01 | Report Abuse

FAO...calvintaneng...re your DRB-Hicom recommendation, I prefer to buy Stock Code 7004 - MCE, also recommended by you. It is a turn-round stock, n KYY Formula doesnt apply. I prefer to be "the early worm". Cheers!

Posted by Stockmanmy1 > 2016-12-20 18:13 | Report Abuse

Does Golden Rule investing work?

The point is....Do CFAs and Finance Professors have a better go at it than the gifted individual with Golden Rule?

We have a KYY and a St Paul who says otherwise.

Posted by Stockmanmy1 > 2016-12-20 18:23 | Report Abuse

you want a share that when it starts moving up, people will chase it higher for you to make money.

the Golden Rule is a good and safe way to do just that....


too complicated margin of safety and too complicated convulated valuations no point.

Posted by ivan2787 > 2016-12-20 23:04 | Report Abuse

条条大路通罗马
no any method suit everyone.
find our own way to beat the market and happy investing.

Posted by Elwin Kai Kai > 2016-12-21 01:35 | Report Abuse

Even the best investor in the world unable to predict accurately which is the next hot stocks going to go up in the short term,i think Mr. Kc just wanna remind this point dont try to time the market, and how important is fundamental analysis , and not solely rely on perspective on how a business sound, though is part of the analysis ... Lack one of it and u are finding trouble... And is important to clarify that fa is a big tool box, for different company u need different approach (tool), Mr. Kc able to give u a variety of tools and guide u how to use it in which situation ... With step by step formula and explaining in detail, if u want to have a long lasting way in investing, knowing the rules is the 1st step

Posted by Stockmanmy1 > 2016-12-21 01:44 | Report Abuse

Kai Kai

It's a fact generally billionaires became billionaires not like that.

Posted by Elwin Kai Kai > 2016-12-21 01:51 | Report Abuse

And is important to note that most of the super investor in the world using fa and asset allocation not to time the market but to grow it through time, so i assume fa and asset allocation is a sound method... Since it being used for a long time without fail... My point of view mr. Kc investing style is passive type, they will grow through times, but not immediately but is virtually guaranteed, Mr. Kyy is more aggressive cause it apply leverage and the timing is everything....

Posted by pengembaraalam > 2016-12-21 05:23 | Report Abuse

From my experience, FA is the most important for stock investment, other than that is complimentary, good discussion KC, I just started admire your writing style and your investment style. I have to admit that I also learn something from KYY guy. Keep it up.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-22 16:22 | Report Abuse

FA like rice.

you need enough to survive
but eat too much rice, you fat, lazy and dumb.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-22 16:25 | Report Abuse

TA like vitamins

a little bit is essential food

too much in body, it becomes poison.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-22 16:26 | Report Abuse

Business sense is God given
Use it or lose it.

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