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35 comment(s). Last comment by qqq3 2018-09-14 23:03

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 21:48 | Report Abuse

talk so much for what? Just go and buy 3 shares, any 3 shares and keep for next 5 years or at least double....and I will tell you why should not.......

cheoky

2,823 posts

Posted by cheoky > 2018-09-13 22:20 | Report Abuse

I bought mfcb, tongher, johortin. Kept 5 years. Rewarded well. Qqq3. U get lose ba

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 22:23 | Report Abuse

cheoky...don't talk cock....after 2008 crisis....every share also experienced doubling from 2009 to 2018.....

front view drive, not rear view drive.

Flintstones

1,762 posts

Posted by Flintstones > 2018-09-13 22:32 | Report Abuse

Plenty of undervalued counters in Bursa these days especially property and construction companies. Sometimes you got to ask why arent these value investors buying? Are they momentum speculators in disguise?

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 22:45 | Report Abuse

cheoky...don't talk cock....after 2008 crisis....every share also experienced doubling from 2009 to 2018..... (AT SOME POINT)

front view drive, not rear view drive.

Moral of the story........timing is the most important factor.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 22:47 | Report Abuse

Plenty of undervalued counters in Bursa these days especially property and construction companies. Sometimes you got to ask why arent these value investors buying? Are they momentum speculators in disguise?
===================================

everybody who visits forums talk East go West.....all hang pig head sell dog meat....all hang Bufalo flag because it makes them sound respectable.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 22:55 | Report Abuse

rigid is death, flexible is life

https://klse.i3investor.com/servlets/forum/600173349.jsp


margin of safety? if u are so interested in margin of safety, go invest in mutual funds/FD.....see the discussions with that Bufalo wannabe.

SALAM

1,072 posts

Posted by SALAM > 2018-09-13 22:56 | Report Abuse

He bought Latitude 3 years ago @5.50, as a value investing strategy, he is estimated to make bumper profit in 3 years time (3+3 years)....I had joint the wagon

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 22:59 | Report Abuse

SALAM > Sep 13, 2018 10:56 PM | Report Abuse

He bought Latitude 3 years ago @5.50, as a value investing strategy, he is estimated to make bumper profit in 3 years time (3+3 years)....I had joint the wagon
==================


good luck to him.....he got 2 years to break even from $ 3.40.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 23:32 | Report Abuse

value investing can fall into 2 categories....


luck or narcissistic personality disorder.....

if you think it is not luck, then must be narcissistic personality disorder.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 23:37 | Report Abuse

mutual funds don't buy 3 different shares, they buy 100 different shares.

this is to show they don't think they have God like qualities and also don't suffer from narcissistic personality disorder

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 23:46 | Report Abuse

everybody thinks he is a better driver than the average.....can everybody be right?

everybody who is a stock picker thinks he is a better stock picker than the average...and the average is made up of directors, fund managers and others equally competent......if not, why do it?

there is third way....Do it differently......

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 01:52 | Report Abuse

take MI for illustration. Doubled from IPO, new share.
Can you buy them for 5 years or at least doubling? Mutual funds can...mutual funds can meet them, mutual funds have 100 different shares, they don't mind some failures.

The guy from NZ? what edge he has? what he knows of young companies? what do you know of young companies? U can buy this as one of your 3 picks?

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 02:01 | Report Abuse

take Serba Dynamics as illustration. A popular listing. More than doubled....well....the investment community were right about this share.....have been very popular from the word go.

As an individual, how much u know? U met them? Use your maths and buy?

can u buy some thing for 5 years without meeting the people behind it? without knowing much about the people behind it?

so what Bufalology you want to talk about?


don't even pretend you are a value investor if you are not prepared to hold a share for 5 years or at least double.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 02:15 | Report Abuse

value investor? go and buy up all the dead shares la....a Lot of the dead shares have discounts of up to 70% from the "revaluations"/valuations of assets.

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2018-09-14 09:08 | Report Abuse

@Flintones - Value investors don't necessarily have to buy property/construction counters just because they are undervalued for many reasons.

1. Outside circle of competence - You don't buy if you're not familiar with the industry even though there is indication that there is undervaluation
2. Opportunity cost - There are better opportunities out there than owning property/construction counters.

Tom

2,984 posts

Posted by Tom > 2018-09-14 12:07 | Report Abuse

Hi kcchong,

This auntie Ven is really good in stock trading, I'm really envy her loh
She said layhong is a good buy now, but I disagree with her view, then she said cpteh is better than me....I really feel sad now.....*sob*......lol


Posted by VenFx > Sep 14, 2018 11:58 AM | Report Abuse

See what stop Tom from making bucks of money ?
Now i3 readers know why Me better by trade return, even CP Teh is better than him now.

Tom will probably say the same thing for the rest of his life.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 12:12 | Report Abuse

tom....next time some ones says good, bad or ugly, ask them to set time frame and target.....that way, it can be tested, falsifiable,

no time frame, no point talking

kcchongnz

6,684 posts

Posted by kcchongnz > 2018-09-14 14:49 | Report Abuse

qqq3 rigid is death, flexible is life
https://klse.i3investor.com/servlets/forum/600173349.jsp

ME: JUMBO MUMBO. DON'T KNOW WHAT THE HELL YOU ARE MURMURING ABOUT THERE!

margin of safety? if u are so interested in margin of safety, go invest in mutual funds/FD.....see the discussions with that Bufalo wannabe.

ME: WHY INVEST IN MUTUAL FUND/FD FOR MARGIN OF SAFETY? CAN ELABORATE AH?

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 18:00 | Report Abuse

kc....margin of safety should refer to what is worse case scenario.....


buy mutual fund la....most mutual funds in Malaysia are well managed and will not suddenly lose 50 sen on the dollar......

stockraider

31,556 posts

Posted by stockraider > 2018-09-14 18:18 | Report Abuse

Posted by stockraider > Sep 14, 2018 06:03 PM | Report Abuse X

YES WHEN THE SHARE SAPNRG IS LOW...U MUST HAVE BIG BRAVE IRON BALLS TO BUY & HOLD LOH....!!

WHEN SPNRG SHARE PRICE IS HIGH SAY AT RM 1.20...U MUST HAVE CHICKEN SOFT BALL....TO SELL LOH....!!

THIS HOW WE CALL BUSINESS SENSE LOH....!!



BELOW IS WHAT WE CALL MARGIN OF SAFETY IN PLAY MAH;

Posted by stockraider > Sep 14, 2018 06:09 PM | Report Abuse X

remember this loh....50% stake usd 1.5b...means rm 6.4 billion mah...!!
Sapnrg still hold balance 50% worth more than Rm 6.4 billion after disposal mah.....!!
This is just a part of sapnrg mah...!!

And mkt cap is only Rm 2.7b for whole company loh....!!
So current price Rm 0.455 is a steal loh....it use to trade at Rm 4.00 mah.....!!

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 18:44 | Report Abuse

BELOW IS WHAT WE CALL MARGIN OF SAFETY IN PLAY MAH;

Posted by stockraider > Sep 14, 2018 06:09 PM | Report Abuse X

remember this loh....50% stake usd 1.5b...means rm 6.4 billion mah...!!
Sapnrg still hold balance 50% worth more than Rm 6.4 billion after disposal mah.....!!
This is just a part of sapnrg mah...!!

And mkt cap is only Rm 2.7b for whole company loh....!!
So current price Rm 0.455 is a steal loh....it use to trade at Rm 4.00 mah.....!!
============================


u know how much borrowings they still have or not?

goes to show...make money and correct , complete information is not necessarily co related........

kcchongnz

6,684 posts

Posted by kcchongnz > 2018-09-14 18:46 | Report Abuse

Posted by qqq3 > Sep 14, 2018 06:00 PM | Report Abuse
kc....margin of safety should refer to what is worse case scenario.....
buy mutual fund la....most mutual funds in Malaysia are well managed and will not suddenly lose 50 sen on the dollar......


Is that the your understanding on what "Margin of safety" is in value investing?

And you base on your completely wrong understanding and go everywhere to "bash" others mentioning about MOS?

You have become a laughing stock without knowing it.

That is why I said the more your talk, the more you expose your backside.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 18:46 | Report Abuse

kc....so keen on margin of safety, why do stock picking?....go buy mutual funds......

kcchongnz

6,684 posts

Posted by kcchongnz > 2018-09-14 18:47 | Report Abuse

Posted by kcchongnz > Sep 14, 2018 06:46 PM | Report Abuse X

Posted by qqq3 > Sep 14, 2018 06:00 PM | Report Abuse
kc....margin of safety should refer to what is worse case scenario.....
buy mutual fund la....most mutual funds in Malaysia are well managed and will not suddenly lose 50 sen on the dollar......


Is that the your understanding on what "Margin of safety" is in value investing?

And you base on your completely wrong understanding and go everywhere to "bash" others mentioning about MOS?

You have become a laughing stock without knowing it.

That is why I said the more your talk, the more you expose your backside.

stockraider

31,556 posts

Posted by stockraider > 2018-09-14 18:49 | Report Abuse

WHAT TYPE OF COCK THIS QQQ TALKING LEH ??

BUY MUTUAL FUND WHERE GOT MARGIN OF SAFETY LEH ??

THE PURCHASE PRICE OR ENTRY PRICE OF MUTUAL FUND IS PRICE FAIR VALUE PLUS A SMALL PROFIT PREMIUM ENTRY PRICE MAH...!!

Posted by qqq3 > Sep 14, 2018 06:46 PM | Report Abuse

kc....so keen on margin of safety, why do stock picking?....go buy mutual funds......

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 18:51 | Report Abuse

stock raider....mutual funds are very diversified....u will not suddenly lose 50 sen to the $ like you margin of safety PE 3 Heng Yuan and LionInd........

stockraider

31,556 posts

Posted by stockraider > 2018-09-14 18:54 | Report Abuse

DIVERSIFY IS NOT MARGIN OF SAFETY LOH....!!

DIVERSIFY IS PORTFOLIO VARIETY & NOT MARGIN OF SAFETY MAH....!!

Posted by qqq3 > Sep 14, 2018 06:51 PM | Report Abuse

stock raider....mutual funds are very diversified....u will not suddenly lose 50 sen to the $ like you margin of safety PE 3 Heng Yuan and LionInd........

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 18:58 | Report Abuse

stockraider > Sep 14, 2018 06:54 PM | Report Abuse

DIVERSIFY IS NOT MARGIN OF SAFETY LOH....!!
=================

who say Not?

diversification is the main tool professionals use to make sure of margin of safety.....that your EPF funds still around when u need it.....

kcchongnz

6,684 posts

Posted by kcchongnz > 2018-09-14 19:00 | Report Abuse

Posted by qqq3 > Sep 14, 2018 06:58 PM | Report Abuse
diversification is the main tool professionals use to make sure of margin of safety.....that your EPF funds still around when u need it.....

Holy cow, you are continuously showing your backside, and front side too in the public.

Not shame ah?

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 19:02 | Report Abuse

kc.....shame on u.....u have masters in finance....don't throw every thing away just because u want to sound like a Bufalo......

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 19:04 | Report Abuse

kc.....shame on u.....u have masters in finance....don't throw every thing away just because u want to sound like a Bufalo......or maybe u want to sound like a God? have God like powers?

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 19:20 | Report Abuse

kc....look at the margin of safety guy, that raider and his PE 3 Hengyuan....His valuation for HY, $ 40.....plenty of margin of safety according to his calculations.....


too bad, personal valuations as margin of safety is fool's gold, its self deception, its misleading, its dangerous, its arrogant.....and its rigid is Death, Flexible is Life........

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 23:01 | Report Abuse

kc

allow me to expose your fraud....the margin of safety of a stock lies in its history and the charts....not in your maths formulas, not PE, not NTA.

qqq3

13,202 posts

Posted by qqq3 > 2018-09-14 23:03 | Report Abuse

valuations are not written in stone...valuations are subjective, have large allowances and variances....10 experts will arrive at 10 different valuations of a stock.

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