Errr manmy sifu, what are u filling up fot the medium ? Better wacth monitor closely, hipe it's not something highly flammable. To support the mistery X.
I don't know you but reading your comments, you are filled with experience and investment wisdom which may be you should write some articles to educate the young investors out there such that they won't be polluted and poisoned by the snake oil salesman who propagate the dangerous "sailang", "dynamite investing", "panic moment". "seXfactor", whatever they mean.
Just remember, i did write about your MasterNoSkill before a few years ago as shown in the link below.
Dear Stockmanmy, I am fine and enjoying my holiday with my family in Singapore and will attend my second son convocation on coming Monday. May I ask if you truly respect Mr. Koon then please stop dragging his name into your argument? And please keep your dream of become a billionaire and driving a Rolls-Royce to yourself? Mr. Koon at least read his entire investment books collection and honest enough to share how he made his first pot of gold in stock investment and subsequence made a name for himself in the investment fraternity. I refer: http://koonyewyin.com/2017/04/24/koons-golden-rule/ “I started serious investing in 1983 when the Hong Kong stock market crashed because China gave notice to the British Government to take back the sovereignty of Hong Kong. The Hang Seng went down below 1,000. During the crash, it was so easy to make money. All I needed was bravery; I dare to buy when the Chinese Communists were going to rule HK and most Hongies were simply dumping their holdings as if there were no more tomorrow. After the HK experience, I noticed that it was not so easy to make money. I started to read the method as practiced by Warren Buffet, Benjamin Graham, Peter Lynch and other gurus. All of them are preaching value investing which is very safe and sure of making money. But it is too slow for me. After having tried many other methods such as buying low P/E stocks, companies with good discounted cash flow, companies selling below their NTA and companies with no borrowings and with huge cash in fixed deposit. I found out that all these methods could not really work. Among all these criteria, the most important is profit growth prospect. EPS growth is the most powerful catalyst to move share prices. That is why I formulated my share selection golden rule. Koon’s Golden Rule: By looking at the profit for the last 1 or 2 quarters, you can know if the company will most likely make more profit in the current year than last year. Wait for a few months; you can most likely see increased profit and more people will rush to buy to push up the share price. Once you have selected a company with good profit growth, do not quickly sell to take profit. Only novice investors or day traders will quickly sell to take profit. As long as the company continues to show increasing profit, its share price will continue to rise. You will only sell as soon as you see the company is making less profit. But you must be careful because the sales of some products are seasonal which will affect profit. I have been using my golden rule to have selected Latitude Tree and Lii Hen each of which has gone up more than 800%. I have also selected V S Industry which has gone up about 600% and it is still going up.” Mr. Koon had admitted that Xingquan is his worst investment. He had invested in Mudajaya and Jtiasa subsequently he sold off his entire holding because the reasons for buying these share are no more valid as market condition change. His recent buying into JAKS and SENDAI is another evolution of his investment methodology. He now believes that you need to jump the gun in order to be ahead of the game. I find this risky for newbie as I still prefer his old golden rule by looking at the profit for the last 1 or 2 quarters to make sure the company will most likely make more profit in the current year than last year. Anyhow I wish Mr. Koon all the best on his new found methodology. Please also refrain from using the term 100% certainty. In this world what is certain is that one day we will be called to face our creator and be judged on our earthy conducts. Lastly Mr. Koon can be right on the business aspect but what to prevent the owner from refusing to share the wealth with minority shareholders and using creative accounting to siphon the money to him-self only. Thank you
Anyone who thinks stockmanmy is a nuisance to i3, please flag him upon my humble request for the benefit of i3.
I will make this request by appearing every time i sense this person is talking non sense and occupying forum space too frequently grabbing unnecessary attentions from members.
Stockman pls dont give up...so are all his supporters (who really want Stockman not to waste his life in I3 and instead spending more time with his family or pets or whatever...)
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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-07-08 09:33 |
Post removed.Why?