@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.....
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
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!
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?
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?
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.
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.
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.
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.
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.
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
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.
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.
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
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......
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!
“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.
“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.
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
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
Posted by stockmanmy > Dec 19, 2016 09:49 PM | Report Abuse
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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
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.
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!
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.
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!
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
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....
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.
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....
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.....