Posted by CharlesT > 2018-12-23 13:12 | Report Abuse

Good

Posted by CharlesT > 2018-12-23 13:13 | Report Abuse

U may not make money fm his stock picks for the past few years but u can make a lot money fm his teachings if u know how to apply so

Posted by KLCI King > 2018-12-25 00:37 | Report Abuse

Calvintaneng, please read this URGENTLY, you are the king of NTA guru in i3, keep promoting counters with deep discounted price over NTA.

Posted by apolloang > 2018-12-25 00:57 | Report Abuse

ken and butaland NTA is 3 times more than their stock price

Posted by Goh Kim Hock > 2018-12-25 01:34 | Report Abuse

Buy and read his 3 books. You will learn a lot from him. Invest, don't speculate.

Posted by probability > 2018-12-25 09:28 | Report Abuse

Myeg fits into this category very well.

Posted by CharlesT > 2018-12-25 09:31 | Report Abuse

On the day BN lost Myeg oredi half dead...why sifu probability still see the value in this co leh? Just wonder...every contract also can be cancelled..

We see Iris n Dsonic before...

Posted by CharlesT > 2018-12-25 09:32 | Report Abuse

Kiss goodbye to all those fat profit margin contracts...

Posted by probability > 2018-12-25 09:33 | Report Abuse

It can easily demobilize its resources for its services elsewhere the moment the current demand ceases....it can event terminate its resources which are mainly human brains....

unlike the capital intensive business with low returns like Steel industry.

Posted by probability > 2018-12-25 09:37 | Report Abuse

the main factor for considering Myeg is that its growth potential is enormous....

we need not wait for it to obtain a contract to start investing....the likelihood of it getting such contracts is simply too high elsewhere.

Need not restrict the scope to 30 Million population of Malaysia

Posted by probability > 2018-12-25 09:39 | Report Abuse

WTS knows how an Indonesian brain like Zahid Hamidi works.....he should be able to find such opportunity in a 264 Million population country...

Posted by CharlesT > 2018-12-25 09:40 | Report Abuse

Is it difficult to hv another co to do their job?

Posted by CharlesT > 2018-12-25 09:40 | Report Abuse

Iris....dsonic.....myeg....next ????

Posted by probability > 2018-12-25 09:42 | Report Abuse

its just a calculated bet on young talented WTS who would certainly wish to recover his fortune...

Posted by probability > 2018-12-25 09:43 | Report Abuse

in business dont expect to be all clean...even Nissan Japan Ceo kena..

Posted by CharlesT > Dec 25, 2018 09:42 AM | Report Abuse

Such a high compliment to Zahid ? Is it a sarcastic remark??

Posted by probability > 2018-12-25 09:44 | Report Abuse

aiya...not depending on that doomed fellow la...i am just describing WTS talents to spot a criminal mind...

Posted by CharlesT > Dec 25, 2018 09:43 AM | Report Abuse

If zahid later stays in sg buluh for long term then not so easy to do biz in indonesia...

Mayb still can do via whatsapp n facebook..

Posted by probability > 2018-12-25 09:45 | Report Abuse

like Charles who can easily spot not so innocent sifus in i3...and oldman..

Posted by probability > 2018-12-25 09:46 | Report Abuse

i bet that is in his to do list...

Posted by CharlesT > Dec 25, 2018 09:45 AM | Report Abuse

The talented WTS has to makan lunch with LGE first...

Posted by ANALyst > 2018-12-25 09:47 | Report Abuse

no use, broad market sink

Posted by probability > 2018-12-25 09:48 | Report Abuse

i think he had already done it in philippines...

these Bangladesh, Indonesia and Philippines are one of the most corrupted countries in asia...


Posted by CharlesT > Dec 25, 2018 09:46 AM | Report Abuse

Lol...misunderstood...scare me like hell..

U meant WTS got talents to find i help u u help me friends in indonesia...

Posted by CharlesT > 2018-12-25 09:49 | Report Abuse

Ok ok i also wanna dig more info on this talented WTS...no wonder sifu probability is eyeing this co....

Posted by probability > 2018-12-25 10:18 | Report Abuse

he is almost having 50% shareholding on the company...

and he is using almost all of the company's cash to buyback shares...

thats as good as he is using his 'own money' to buy

what more insider information can be more powerful than this 'action'?

Posted by Flintstones > 2018-12-25 10:23 | Report Abuse

No offense to probability, I will take his two cents with a pinch of salt. We all know how hengyuan and petronm ended up. Good luck.

Posted by probability > 2018-12-25 14:21 | Report Abuse

The three most commonly used criteria for assessing stock value are: P/E ratio, weekly interest rate, and net tangible asset value per share (NTA).

The most easily misleading investors are the net tangible assets per share, or the net value per share.

The net value per share is based on the shareholder's fund (Equilty) divided by the number of shares. For example, if the company's shareholder fund is RM100 million and the number of issued shares is 50 million, the net value per share is RM100,000,000 ÷ 50,000,000 = RM2.00. If the company is wound up, shareholders can return RM2.00 of assets per share.

The net value per share of RM2.00 is often a trap because the assets that do not make money are grass, and the assets that can make money are treasures.

Buying stocks means buying shares in the company. If the net value per share is RM2.00 and the stock price is RM1.00, investors will have the impression that buying an asset worth RM2.00 at RM1.00 is equal to the seller. Selling his shares in the company at a 50% discount is really good value for money.

If this is not an excellent investment opportunity, what is it?

So he assuredly bought it. He knew that the stock price could not afford it after buying it, but he continued to fall because the company not only fell into losses, but the loss continued to expand.

The investor has committed the biggest taboo of investment: an asset that cannot make money is a liability (Liability), not an asset.

Not only debt, but also a much worse burden than debt, so it is "grass."

The so-called "debt" is the money owed to others. The two most common liabilities in the corporate world are:

1. Money owed to the bank

2. Money owed to the raw material or supplier of the goods

Financing to create wealth is a "treasure"

The money owed by the company to the bank, called “financing”, usually has two purposes: the first is to purchase fixed assets, such as buying factories, machines and appliances (PPE), which is characterized by the difficulty of spending money. Then turn it into cash. For example, after buying a machine, if the factory stops production (usually because of losses), it is difficult to find a buyer if you want to sell the machine. Even if you find a buyer, it is difficult to sell if you need funds urgently. Good price.

This is why the company continues to operate even if it loses money for years.

The second is to buy raw materials or goods (if it is a trading company), which is a short-term loan, and is returned to the bank after the goods are sold; if the goods are unsalable, they cannot be returned to the bank on time, or they are collected after the goods are released. If you don't come back, you will fall into financial difficulties, which will lead to the loss of bank credit. This is the most taboo thing in business. In this way, you will know why there is always a business with big ears.

If the fixed assets purchased by borrowing money continue to make money for the company, the company can pay interest or pay installments regularly. This kind of debt is constantly creating wealth for the company. Of course, it is not the burden of the company, so it is "treasure". Because if there is no bank loan, the company will not have the ability to create wealth.

If the company can't make profits with the borrowed money, it means that the company is constantly destroying the wealth, the company's assets are shrinking, and finally the capital may be in debt. This is bankruptcy.

Therefore, if the company continues to lose money, it will have nothing at all.

Even more frightening is the net value per share of RM2.00, which is the estimated value under normal operating conditions.

If the company is in financial difficulties and is forced to sell its assets at a price, the net value of RM2.00 per share may not be recoverable at all. Therefore, "the asset that does not make money is grass" is a realistic version of the mall, and it is not sensational.

Since “unprofitable assets are grass”, investors should try to buy Capital Intensive as much as possible, focusing on the purchase of stocks in Asset Light.

Posted by probability > 2018-12-25 14:21 | Report Abuse

Capital intensive enterprise

The so-called "capital-intensive enterprises" refer to enterprises that need huge fixed assets to make money. The typical case is the steel industry.

Because of the huge fixed assets required, entrepreneurs have to invest huge sums of money. Usually, entrepreneurs are underfunded and need to raise funds from banks. Therefore, most of these enterprises have higher liabilities. Malaysian steel companies are debt-paying companies.

High debts and low earning rates make such enterprises a small and profitable company. It is easy to fall into a loss and it is difficult to resist the economic storm. The global steel industry can hardly find a blue chip. The reason is here.

The foreign ash industry also faces the same fate.

Light asset company

The so-called light-asset enterprises refer to enterprises with small investment but high earning rates. Typical examples are cloud and technology stocks. These enterprises mainly rely on intangible assets to make money.

The so-called intangible assets refer to brain power and technology. Compared with capital-intensive enterprises, the risks are higher but the returns are higher. If you don’t believe, please see Malaysia’s listed companies, which grow five times, ten times or even 100 times. .

At present, the red-to-purple e-commerce is actually a typical light-asset enterprise.

In the traditional department store industry, there is a huge amount of money to sell goods. E-commerce has no shop, no warehouse, no goods, but the business volume is hundreds of times more than the department store, even thousands of times, like Alibaba in the double ten One hundred thousand yuan of business in one day is unimaginable for traditional department stores, because in the minds of traditional businessmen, only capital is intensive, and most do not have the concept of light assets.

Since light asset companies have no fixed assets or limited fixed assets, they are better investment targets.

in conclusion:

The only role of assets is to make money for the company; to make money to create wealth; to create wealth, the shares will increase value; the stocks can increase value, the stock price will rise; the stock price can rise, and the shareholders can "send".

Assets that cannot make money, on the contrary, can not only create wealth, but continue to destroy wealth, so it is a liability. The debt is grass and has no value. (Finish)

Posted by signalmw > 2018-12-25 14:33 | Report Abuse

so now what cN buy?

Posted by signalmw > 2018-12-25 14:34 | Report Abuse

what can buy ?

Posted by probability > 2018-12-25 17:23 | Report Abuse

http://www.klsescreener.com/v2/news/view/473000/buying-opportunities-after-selldown-of-e-government-service-providers

Buying opportunities after selldown of e-government service providers
TheEdgeTue, Dec 25, 2018 - 2 hours ago

THE selldown of companies that had bagged government concession projects, following the decision last week to scrap the RM3.5 billion national immigration control system (SKIN) project, has given rise to buying opportunities, say market observers.

The affected company include Prestariang Bhd (which holds a 70% stake in SKIN), MyEG Services Bhd and Scicom (MSC) Bhd.

Prestariang was among the top losers in the past week, with its share price plunging 42.9% to close at 26.5 sen on Friday. MyEG and Scicom were also hit by negative sentiment as rattled investors headed for the exit ahead of a possible axing or non-renewal of similar projects. MyEG share price fell 20.2% to close at 91 sen, while Scicom dropped 25.6% to close at 93 sen.

MyEG co-founder and managing director Wong Thean Soon tells The Edge its government concession-related services account for only one-fifth of the group’s revenue, with commercial services contributing the rest.

“In Malaysia, we intend to continually expand our range of commercial offerings as we strengthen our position as the preferred channel for our customers to obtain all the products and services that are relevant, with the same convenience, affordability, reliability and quality service standards they have come to expect from us,” he says.

“Malaysia’s track record of improving government service delivery through the adoption of digital technologies is increasingly gaining recognition in the region, paving the way for MyEG to expand overseas into countries whose governments are keen to replicate a proven model.

“We are making promising progress in the countries we are presently in, namely the Philippines, Indonesia and Bangladesh. Their combined population base of over half a billion point to vast opportunities ahead for MyEG as we introduce our unique blend of government and commercial offerings to these markets,” he adds.

UOB Kay Hian believes its ventures abroad are sufficient to drive MyEG’s future growth. The research house says MyEG intends to derive 100% of revenue from service revenue via one-stop solutions in the foreign worker domain (insurance, remittance, payroll management system, matching programme) here and abroad.

Wong says the group also aims to be in the forefront in adopting blockchain technologies in all the markets it serves with its blockchain-based payroll management software, PayMe. Currently undergoing a pilot roll-out, it will be commercialised very soon.

UOB Kay Hian believes the selldown of MyEG shares was mainly precipitated by Prestariang losing its SKIN contract as all the operations of the former remain status quo, as reflected in its latest quarterly results.

“While there are uncertainties surrounding the operating environment of MyEG, we are optimistic that the recent liberalisation of the foreign worker domain will only serve as an opportunity for the company to further tap the space such as securing recruiting services, which was previously dominated by Bestinet,” the UOB Kay Hian analyst covering the stock says via email. “We also note the potential revitalisation of foreign worker amnesty programme as management concurs that the Pakatan Harapan government is committed to achieve the ‘four million legal and 0 illegal workers’ vision and believes the group is in a sweet spot to compete for the upcoming programme (if it is an open tender basis).”

Rakuten Trade Sdn Bhd vice-president of research Vincent Lau concurs that the selldown was overdone and sees the entry of long-term investors.

“I think the selling pressure comes from the uncertainties surrounding the government concession projects. While it is not known if the government might halt its project, it is not the main contributor to the group’s earnings and MyEG has proven itself to be relatively efficient in its offerings,” he says, adding that most of the downside has been priced in.

According to Bloomberg, most analysts maintain their “buy” calls on MyEG with an average target price of RM1.82, indicating a potential upside of 100% from 91 sen last Friday. There were six “buy” and one “sell” calls.

Another analyst says MyEG is trading at a rather attractive forward price-earnings ratio of 11.1 times. However, he notes it is possible the market is reducing the premium for the company given its exposure to government contracts perceived to be unfavourable to the latter.

As for Scicom, the share price decline has given it an attractive dividend yield of about 9.7%.

A fund manager notes that Scicom, which offers digital government services and solutions for federal, local and state government agencies, has always been profitable since its listing in 2005 and has a strong balance sheet with zero debt and RM51.4 million in cash and cash equivalents.