Seth Klarman, an iconic and highly regarded value investor, once said that value investing, at its core, is the marriage of a contrarian streak and a calculator.
Now that L&G has fallen to 21.5 sen it is selling at a Whopping 63% Discount to NTA
Calvin, u must silang big, big on LnG lah . It only 21.5sen so cheap.If it go up 200% U will become another million air. Don't be scare bet big,big otherwise u waste your time.
jackfruit Calvin, u must silang big, big on LnG lah . It only 21.5sen so cheap.If it go up 200% U will become another million air. Don't be scare bet big,big otherwise u waste your time. 08/07/2017 19:54
Jack,
Thank you. Just buy some and see how it will turn out later.
Calvin, I understand your sifu always silang big big on this type counter and they are millionaire now. You must follow your sifu and be like them millionaire.
jackfruit Calvin, I understand your sifu always silang big big on this type counter and they are millionaire now. You must follow your sifu and be like them millionaire. 08/07/2017 20:01
Haha!
You are so concerned for Calvin to be a millionaire. Thank you very much.
Calvin wish you do very well in stock investments, too.
datuk calvin u said keep cash for crash yet now buying laggards? if crash is looming better avoid laggards cos it's hard to sell. better buy other stocks only for short term since u said crash is looming
Posted by Apollo Ang > Jul 8, 2017 09:39 PM | Report Abuse
datuk calvin u said keep cash for crash yet now buying laggards? if crash is looming better avoid laggards cos it's hard to sell. better buy other stocks only for short term since u said crash is looming
YES YB APOLLO ANG
Calvin still think the correct way is to keep to more cash now.
As for L&G it is the same as Maju Perak because it is a bombed out share due to the Rights Issue that caused the sold down.
As L&G got 2,494 acres of prime lands in Kerling - 15 minutes from Tg Malim it should also follow Maju Perak to move up soon.
I see very few stocks with deep value bargains after this.
So I am raising up my Cash position for better bargain value buys later
u sold at 60cts? told u sell all then hentam all in ur butaland,then butaland 60cts u change back to majuberak at 45cts,like that only u can make a lot.....hahaha
calvin, you highly recommended CBIP, and BPLANT, now L&G, after everyone started to buy CBIP and BPLANT, are you still holding this two counters, or you have sold to your followers
After waiting and waiting every one finally got a nice 8 sen Cash payout.
All who followed Calvin buy call on Pm Corp at 15 sen on September 20, 2013 finally received 8 sen net cash payout.
So all who bought at 15 sen then - after deducting 8 sen cash payout is now holding Pm Corp at net net cost of 7 sen only.
I have told all to buy up Htpadu and Opcom about the same price of 58 to 60 sen.
Htpadu received over Rm500 millions job award while Opcom received Rm300 millions job awards.
Htpadu has considerable debt but Opcom has very little debt (Opcom has good net cash position)
And Htpadu declared a 5 sen dividend first. So Mr. Market took notice and chased Htpadu over 90 sen.
Since Opcom has yet to declare a "special dividend" market has cooled off for now.
So Calvin the contrarian has added more Opcom at 58.5 sen last week.
I am salivating and looking forward to buy even more Opcom shares if it drops further.
SO HAPPY TO BUY OPCOM ON THE CHEAP.
OPCOM?
Optimal Coming Value.
Opcom was the only stock i kept after selling all 130 counters just before the 2007/2008 crisis struck. Opcom is isolated and insulated from financial meltdown.
As for now there is no imminent crisis on the horizon.
So go get some L&G tomorrow while price still cheap!
calvin, i have started to read graham and he always insists on margin of safety (i.e., price to book value, nta stuff). But, it's almost hard to find a stock with good MoS and good growth rate (e.g., ROE>15% at least).
I'm actually sacrificing MoS to go for growth, and I think I'm doing it quite dangerously because i have no safety net when the market sentiment turns bearish. Also, there's no guarantee that the growth stock will maintain their earning growth QoQ.
I also played L&G contra when it was 23~25sen prior to the rights issue few months ago.
I'm yet to adopt contrarian approach, like L&G now reporting loss and it's a bargain price now. I couldn't see the future, as Graham also advocate that it's better to trust arithmetic (fact) rather than future rumors (possible land sales). And, I see L&G ROE barely hitting 10%. I need to think harder what will drive the share price higher.
Overall, in terms of safety, I think L&G is a lot safer. Just on the growth perspective. It takes time to grow.
There are 3 very valuable investments that last in life:
1) LAND 2) GOLD 3) YOUR OWN SOUL
1)THE VALUE OF LAND CAN ONLY INCREASE IN VALUE LONGER TERM.
According to the Bible:
See Ecclesiastes 1: 4
"One generation passes away, and another generation comes: but the earth abides for ever"
The earth is for ever although everything else might crumble, decay or pass away.
So this means that "LANDS" will get more & more valuable as world population increases - leading to more cultivation of food and conversion of lands into Housing, Factories, Shops & Malls. As land becomes scarce prices are bound to increase all the time.
"So buy land for they don't make them anymore" as said by Mark Twain
2) GOLD AS THE ULTIMATE STORE OF VALUE ON EARTH
When Saigon fell to communist invasion in 1978 there were lots of boat refugees from Vietnam navigating the South China Sea to Singapore.
In Singapore I visited a Spore Vietnamese Refugee Camp.
I heard first hand from the Vietnamese Boat people then:
Some died on the journey with their dead bodies thrown overboard into the sea. Some drank their own urine as there is not enough water. One guy left 12 used cars in Vietnam as he could not sell and take them with him
And some lucky ones managed to convert their monies into "Gold bars, gold rings & other gold items"
These ones managed to get some wealth out with them & escaped.
So"Gold" in times of greatest crisis like war is the ultimate store of wealth.
Gold is indestructible - cannot be burned by fire. It cannot rust. Is pliable and can be a thing of beauty & an ideal store of value. It is precious as it is rare.
All the gold found in this world could be stacked up in just one or two football field! How rare is gold?
But both these are of little value if you look into eternity!
So we come to the 3rd & MOST IMPORTANT THING OF LIFE HERE & LIFE HEREAFTER!
3) YOUR PRECIOUS SOUL
Jesus said, "What shall it profit a man if he gains the whole world & lose his own soul. Or what shall a man give in exchange for his soul?"
In other words, the soul is priceless! Why? Because your soul is eternal.
And all souls are lost by virtue of sin. "The wages of sin is death". All men sinned & therefore all men got to die. Now not just physical death that is fearful. It is "eternal death" that is fearful.
We live on planet earth for 70, 80, 90 or 100 years? Some might live to 130 years. So what? All men got to die.
"It is appointed unto men once to die & after this the judgement"
Our soul, at death, leave the human body and go to GOD ALMIGHTY for judgement.
We will be judged for our speeches
"But I say unto you that every idle word that men shall speak they shall give account thereof in the day of judgement"
We will be judged for the things we do. Stealing, cheating, sinning, and good deeds or bad deeds will all be judged.
Then if we pass the test we will go to heaven.
And God's standard is complete sinless life! Only one lie or cheating one time in exam or business will send us to hell!
So by this no man on earth can be saved by his own good works.
Yes, "ALL HAVE SINNED AND COME SHORT OF THE GLORY OF GOD"
Ha! That is the reason why GOD sent His Son Jesus to be our LORD & Saviour!
Jesus was born of a virgin with no sin. Lived the only perfect life with not even one sin. And then JESUS DIED FOR ALL MANKIND BY SHEDDING HIS VERY VERY PRECIOUS BLOOD.
JESUS SHED HIS BLOOD FOR WHAT?
ANSWER:
FOR WASHING AWAY ALL OUR SINS
YESSS!!!
THE MOST HOLY HALAL BLOOD OF JESUS CAN WASH AWAY ALL YOUR SINS PAST, SINS PRESENT & SINS FUTURE!! AMEN!
"AND THOU SHALT CALL HIS NAME JESUS FOR HE SHALL SAVE HIS PEOPLE FROM THEIR SINS"
"If we confess our sins He is faithful and just to forgive us our sins and to cleanse us from all unrighteousness"
After you have accepted Jesus as LORD into your hearts, confessed your sins & let His BLOOD wash away all your sins then?
Have you been to Jesus for the cleansing pow’r? Are you washed in the blood of the Lamb? Are you fully trusting in His grace this hour? Are you washed in the blood of the Lamb?
Refrain: Are you washed in the blood, In the soul-cleansing blood of the Lamb? Are your garments spotless? Are they white as snow? Are you washed in the blood of the Lamb?
Are you walking daily by the Savior’s side? Are you washed in the blood of the Lamb? Do you rest each moment in the Crucified? Are you washed in the blood of the Lamb? When the Bridegroom cometh will your robes be white? Are you washed in the blood of the Lamb?
Will your soul be ready for the mansions bright, And be washed in the blood of the Lamb? Lay aside the garments that are stained with sin, And be washed in the blood of the Lamb; There’s a fountain flowing for the soul unclean, Oh, be washed in the blood of the Lamb!
Im laughing hard too.. If thats really your stat.. you will be richer than Buffet lol...Some of your stat are fake and wrong.... LOL.. again dont lie bro... People can check each stock... 100? loll...
All your stock pick are speculative in nature.. and yet you want people to follow you...
Screenshot your trading details.. then i believe you..
Even GOD cant predict the list you posted...
Well Im not say no to Nay haters.. But your comments and analysis.. is full of crap...
You know why Im hunting you.. STAY OFF MY FORUM.. and we call it a ceasefire...
If you wanna do good, you could have open a foundation and help needy.. but coming here to share your tips on share investment. and speculating which stcok will rise?
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....
calvintaneng
56,701 posts
Posted by calvintaneng > 2017-07-08 15:23 | Report Abuse
Seth Klarman, an iconic and highly regarded value investor, once said that value investing, at its core, is the marriage of a contrarian streak and a calculator.
Now that L&G has fallen to 21.5 sen it is selling at a Whopping 63% Discount to NTA
This gives a 9% dividend yield.
Where got such bargains like L&G (LAND & GOLD)?