Posted by 360Capitalist > Jan 12, 2017 10:29 PM | Report Abuse
haha.. Good try. What is your research methodology ?
Thanks
This is the secret
King James Bible Love not sleep, lest thou come to poverty; open thine eyes, and thou shalt be satisfied with bread.
OPEN YOUR EYES, AND YOU SHALL BE SATISFIED WITH BREAD (Bread means all material needs or in other words "money")
Have a KEEN OBSERVATION IN LIFE:
Take DRB for example.
I was having dinner with my Used Car Dealer friends one evening (I already left Used Car Trade more than 15 years already.)
They told me every time they bought a Used Car they must send it to Puspakom to verify it. And when they sell they have to send for Puspakom inspection the 2nd time.
With 21.25 million vehicles in Malaysia according to Motor Trader there will be a lot of business for Puspakom which is a monopoly like MyEG.
Another one is POS which DRB has bought 53.5%. Another Monopoly. That is what Warren Buffet likes.
Since they are monopolies they have pricing power. If they raise prices like MyEG there is no alternative.
Another thing I like is DRB's VERY VERY HIGH VALUABLE ASSETS. All at Rock Bottom Prices still at Old Book Value. And POS lands are all Gold Mines (200 year old prime lands & assets)
Although DRB has high gearing ITS ASSETS MORE THAN COVER ALL.
It's like this
If you owe the Bank Rm10 millions But Asset Backing is Rm1 Billion. The 10 million debt or gearing is actually nothing at all.
At Rm1.23 DRB is selling at more than 62% Discount to NTA of Rm3.16
You only see a very small part with tunnel vision lah!
All Calvin's Stock Picks are backed by High NTA. For Opcom & Dutaland they are almost debt free.
I bought Prestar at 46 cts although it has high gearing of Rm200 million borrowings. And Prestar made me more than 100% when price crossed Rm1.00
Same goes for Jaks which I bought at only 40 cts. Jaks has bank borrowings & overdrafts of Rm200 million also. Yet Jaks jumped to Rm1.20 for a 200% upside!
So high gearing is not the only point. If ASSET BACKING (Both Prestar & Jaks were bought at 60% Discount to NTA then). Now that both have gone up in price I no longer interested
The surprising thing about Icon8888 & tomato juice @ fortunebullz is this
Each A320 Plane worth Half a Billion $. AAX got Rm110 Billion debt & AirAsia got over Rm70 Billions.
These are among the Highest gearing stocks in Bursa. Of course like China companies TF has learn to conceal debts. With such razor thin margin of only Rm46 per seat how to pay the debt?
No one dare to take up private placement at Rm1.80? So TF got to bear it himself. And selling of AAC to give dividend? More like a debt distress exercise in stead. So better be careful now!
I am humbled to see so many visitors. Hope all will make money this difficult and highly uncertain year.
After posting there will be both positive and negative feedback.
I appreciate all contributions. Please be constructive with your comments whether you agree or disagree and kindly refrain from vulgar words and attacking personal characters.
The forum is a place to exchange ideas.
No man is an Island. All I give back here the sum total of all I learnt from all other Sifu both in books and in real life experience. Also from every fellow bloggers and friends in i3 forum here.
SeeSky No Oil & Gas counters??? One of the 2017 themes right? 13/01/2017 06:48
Calvin replies:
Yes, I have recommended Oil & Gas counters like Perisai, Scomi, Waseong, BArmada much too earlier after they have corrected in price. But prices kept going down.
So I am still watching. In any case I have bought into Waseong when it was near bottom.
There are 3 questions about O & G counters.
1) Whether Opec/non opec supporting prices is sustainable longer term. If there is cheating price the pact might still be called off.
2) Shale Oil Rigs are ramping up production as US Crude crossed USD $50 a barrel It was Shale Oil that hammered Crude Oil prices last time. Will this repeat again?
3) US has the highest Oil Reserve on earth today. More oil that Saudi Arabia. If Trump unleash this surplus oil into world markets there is no telling what mght happen.
And so I only selected Sure "things" like Opcom, PBA and YTL Power. Others are more pro growth.
ckkhen Good reply to his critics. 12/01/2017 23:13
Thank you
Calvin hope all who give critical comments will also contribute positively. In brain storming we can & do detect dangers. And by taking caution we can escape from further losses. The best free advise sometimes come from our critics.
Posted by calvintaneng > Jan 12, 2017 10:46 PM | Report Abuse
Posted by 360Capitalist > Jan 12, 2017 10:29 PM | Report Abuse
haha.. Good try. What is your research methodology ?
Thanks
This is the secret
King James Bible Love not sleep, lest thou come to poverty; open thine eyes, and thou shalt be satisfied with bread.
OPEN YOUR EYES, AND YOU SHALL BE SATISFIED WITH BREAD (Bread means all material needs or in other words "money")
Have a KEEN OBSERVATION IN LIFE:
Take DRB for example.
I was having dinner with my Used Car Dealer friends one evening (I already left Used Car Trade more than 15 years already.)
They told me every time they bought a Used Car they must send it to Puspakom to verify it. And when they sell they have to send for Puspakom inspection the 2nd time.
With 21.25 million vehicles in Malaysia according to Motor Trader there will be a lot of business for Puspakom which is a monopoly like MyEG.
Another one is POS which DRB has bought 53.5%. Another Monopoly. That is what Warren Buffet likes.
Since they are monopolies they have pricing power. If they raise prices like MyEG there is no alternative.
Another thing I like is DRB's VERY VERY HIGH VALUABLE ASSETS. All at Rock Bottom Prices still at Old Book Value. And POS lands are all Gold Mines (200 year old prime lands & assets)
Although DRB has high gearing ITS ASSETS MORE THAN COVER ALL.
It's like this
If you owe the Bank Rm10 millions But Asset Backing is Rm1 Billion. The 10 million debt or gearing is actually nothing at all.
At Rm1.23 DRB is selling at more than 62% Discount to NTA of Rm3.16
So it has High Margin of Safety
And other ideas too many to list here.
If use your method to value DRB, then LANDMRK would be super high margin of safety. Price at 72c, NTA 3.68 and it doesn't bleed as bad as DRB.
for Vivocom our friend Kcchongnz already wrote about it. Vivocom management spent too much time promoting their stock rather than taking care of their real business
and spent unnecessary fees for extra corporate exercise which contribute little value to real earnings.
I recommended Silk at 40 cts on January 2nd 2014 in Regain Capital Choco passenger ship forum.
To my surprise SILK JUMPED AND JUMPED 200% to over Rm1.20 in a frenzied buying from don't know who.
I think there were syndicates who followed me just like they followed bonescythe and icon8888 later.
And syndicate actually called me to pump and dump shares. But I did not comply to their wishes. So now they turned against me and use cyber thugs to attack me from time to time.
In any case SILK did made 200% among my stock calls.
After SILK was ASB which also behaved like wild bull run astray. It was up 70% in just weeks. Crazy?
Posted by flyingkite > Jan 13, 2017 09:06 PM | Report Abuse
no, next mnth qr is OK, there is corwin sale, proton promotion sale n pos shares price; but they are just 1 time good only, after that will b only slight better due to pos..
See more from Calvin:
Posted by calvintaneng > Jan 13, 2017 09:36 PM | Report Abuse X
flyingkite is correct!
next month report
corwin sale got half billion rm cash
rm280 mil from pos remeasurement
good sale of P Ertiga
after that got these goodies
sale of drb defense 8x8 military tanks
P Iriz for grab taxi
Sale of more modenas bike due to loan limit increase
calvin holland call after 3 years! Posted by anbz2 at Jan 18, 2017 11:26 PM | Report Abuse Posted by calvintaneng > Oct 21, 2013 05:50 PM | Report Abuse Never mind anbz - PM Corp will move up all the WAY!
First Target to cross 30 cents, next target 50 cents, next 80 cents, after that RM1.00.
And then RM1.50 Is The Target Price!
Over A Long Term - The Target Price will be RM10.00
Posted by calvintaneng > Oct 21, 2013 07:24 PM | Report Abuse anbz that RM10.00 will be yet future. Set your sight on these possible targets first:
30 cents (anytime now)
next 50 cents
then 80 cents
after that RM1.00
And the Summit of Expectation is RM1.50 For PM Corp which is Very Possible.
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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....
360Capitalist
748 posts
Posted by 360Capitalist > 2017-01-12 22:29 | Report Abuse
haha.. Good try. What is your research methodology ?