Posted by (S = Qr) Philip > 2019-01-30 22:25 | Report Abuse

1st to comment, I like the forward thinking! Good read.

Posted by qqq3 > 2019-01-30 22:27 | Report Abuse

Icon is now mini PNB?.....PNB has as a matter of habit been buying whenever PNB shares are unfairly sold down...PNB has done well using this strategy.

PNB is huge, very huge...How huge is Icon, only he knows.

Posted by qqq3 > 2019-01-30 22:49 | Report Abuse

cool and calm.

Posted by Goh Kim Hock > 2019-01-30 23:01 | Report Abuse

This counter has fundamental. 1 bad quarterly result won't hurt it much, unless it's post another few more bad Q results.

Posted by pantor > 2019-01-30 23:04 | Report Abuse

The selldown is not over yet in just 1 day. May have entered too early if we enter today.

Posted by cheoky > 2019-01-30 23:05 | Report Abuse

Master in i3

Posted by lazycat > 2019-01-30 23:07 | Report Abuse

mr long number , u get interests to buy lctitan?

Posted by probability > 2019-01-30 23:20 | Report Abuse

now this is exact opposite of carimin investing principle....

just to confuse you all:
.........................

everything is wave...what matters is when is the trough and when is the peaks...

when we do calculus...its when 'delta earnings' / ''delta time' becomes almost zero (de/dt~=0)...

and followed by incremental change its second derivative to a positive sign....

when de2/dt2 = + ...trough
when de2/dt2 = - ...then its peak..

Posted by (S = Qr) Philip > 2019-01-31 00:03 | Report Abuse

Haha nope, I don't like complicated businesses, but reading about it is quite fun. For LCTITAN, I think what happened was speculation on naphta as a feedstock source.

https://www.icis.com/explore/resources/news/2018/09/25/10261661/asia-naphtha-jumps-to-four-month-high-on-crude-gains-market-unfazed/

Basically the management of Lotte was unable to monitor closely the futures for naphta as the price is still bearish. But since a lot of Asian companies decided to sapu the commodities futures, suddenly not enough stock to supply them in the previous 2 quarters.

But overall with crude oil price so depressed I think mid term the naphta price will definitely go down.

I think if you buy it low enough it's a good deal. I just don't like the fact that the pasir gudang plant is unable to expand properly as no land available nearby. They need to travel all the way to tanjung langsat to get the nearest industrial plot.

Posted by lazycat > 2019-01-31 00:18 | Report Abuse

oh i see, i cut loss on lctitan already , now wondering where else to put the $$$... any idea?

Posted by qqq3 > 2019-01-31 00:20 | Report Abuse

as an institution, they have the money and the patience to make it work.......as an individual? how?

Posted by qqq3 > 2019-01-31 00:21 | Report Abuse

wait for the trade war to get worse......soon......

Posted by lazycat > 2019-01-31 00:28 | Report Abuse

sailang airasia good idea?

Posted by (S = Qr) Philip > 2019-01-31 06:17 | Report Abuse

Dear lazycat, I'll tell you after looking at an the February counters quarterly reports... Buying now seems weird.

Posted by CharlesT > 2019-01-31 07:08 | Report Abuse

Fm the ipo till now the management of this co seems very 67..lots of stupid things....the shareholders also become 67 as well

Posted by Icon8888 > 2019-01-31 07:13 | Report Abuse

Supermax used to be a 67 stock also

But now everyday you play with it

Posted by lizi > 2019-01-31 08:20 | Report Abuse

nice writeup...

icon's recently talk about contrarian. does this tendency also influenced by lack of growth in the market? in 2016, all the talks were about growth (aka golden rules), a relatively short time frame of see-able growth potential....

Posted by lizi > 2019-01-31 08:23 | Report Abuse

A good blogger must have this kind of dramatic style of writing....lol...

"With one hand holding my steering wheel, another hand my smart phone, I picked up some shares at RM4.15."

Posted by CharlesT > 2019-01-31 08:50 | Report Abuse

Posted by Icon8888 > Jan 31, 2019 07:13 AM | Report Abuse

Supermax used to be a 67 stock also

But now everyday you play with it

67 stocks still can make money lah..like JAKS at 0.40+..if u are able to catch the bottom...

May consider to catch some 67 LC at RM3+...lol

Posted by CharlesT > 2019-01-31 08:51 | Report Abuse

Sometimes 67 stocks can make money more easily than all the so called good FA no volatility stocks

Posted by Icon8888 > 2019-01-31 08:55 | Report Abuse

brother CharlesT has a pattern of being assertive and aggressive when his stock is doing well (for example, Carimin yesterday surge), and withdraw to his own shell when things are not so rosy

Since I understand this point, I will avoid direct clash with him

we are friends

Posted by value88 > 2019-01-31 08:57 | Report Abuse

LCTitan recorded bad results because :
I) In Oct-Dec'18 period, crude oil price plunged and therefore the product selling price also fell in tandem.
ii) However, the raw material cost, i.e. feedstock price, in Oct-Dec'18 period remained high as the feedstock was purchased before Oct'18 when the crude oil was still high.

The combination of the above 2 factors, i.e. high raw material cost and low product selling price, in Q4FY18 resulted gross profit margin became extremely low.

Posted by CharlesT > 2019-01-31 08:58 | Report Abuse

Argue is argue friend is friend no conflict...

Posted by Icon8888 > Jan 31, 2019 08:55 AM | Report Abuse

brother CharlesT has a pattern of being assertive and aggressive when his stock is doing well (for example, Carimin yesterday surge), and withdraw to his own shell when things are not so rosy


Not really lah not fair this comment

My most active time in Currymee was when it's below RM0.40

Later after it went up above FRM0.60+ i m reluctant to post more...if went Holland then get screwed for nothing

Posted by value88 > 2019-01-31 08:58 | Report Abuse

I will consider to pick up some if its stock price falls further. LCTitan is good but there are many more good stocks are selling at depressed price level now..

Posted by CharlesT > 2019-01-31 08:59 | Report Abuse

When did i ask you to buy currymee day n night?

Posted by CharlesT > 2019-01-31 09:02 | Report Abuse

I also dare not ask people to buy Currymee with TP Rm1.20 or TP RM2.00 lah

Posted by Choivo Capital > 2019-01-31 09:20 | Report Abuse

Great read, Thanks Icon.

Posted by Connie555 > 2019-01-31 09:43 | Report Abuse

Look who is here!!! here comes the PLP again!!!!

Months back you are saying Icon article is for him to make money off over the optimistic people......

now u at there smelling people ass? what kind of people are u? Do u have credibility?

If u canot stand on your own principle, your so called unethical motive by those who posting article recommend stock and plug in some figure, then condemn icon instead of puking out some geli words like thanks icon, it really looks like you are licking icon ass seriously....

where is your credibility??? condemn people la....where is your lampa??? your father never give you balls???

Sorry icon, early morning kao zai at your discussion page.


__________________________________________

Choivo Capital Great read, Thanks Icon.

===================================

Stock: [JAKS]: JAKS RESOURCES BHD

Sep 14, 2018 11:43 AM | Report Abuse

I bet you make way more from overly optimistic people who follow you :)

There is a very fine line between being realistic and cynical.

And for the person making money off the optimist, it might be best for him to imply those who are realistic as cynical individuals, and hope that whatever said, does not dampen the exuberance of the foolish optimist.

=======================≠============


Posted by Icon8888 > Sep 14, 2018 10:59 AM | Report Abuse

ok ok whatever...

why are you so cynical ? everything people said you will imagine ulterior motive, cheating, etc... aiyohhhh why I keep bumping into people like you... that means there must be a lot of cynics out there...

good also lah... cynics cannot think straight... easier to make money from them..

I encourage you all to continue your way of thinking ... good good good...

Posted by BumbleBee > 2019-01-31 10:14 | Report Abuse

Ya agreed
Great article
Something to remember forever

Posted by RainT > 2019-01-31 10:25 | Report Abuse

can only buy if cyclical if there is low enough to pick

if not why invest and stuck your capital for few years

you can move to uptrend stock ...dont go against the trend also

Posted by qqq3 > 2019-01-31 11:05 | Report Abuse

quality is boring, long term is boring. even contrarian can be boring.

Over long term, over a life time, 3iii and Philip method works...

icon888 method also works well.....

They have the character for it.

I am pretty sure.

Posted by qqq3 > 2019-01-31 11:07 | Report Abuse

Tan Teng Boo of Icap....fantastic theoretician, fantastic economist, but over the last 10 years cannot execute......there are people like that also.

Posted by CharlesT > 2019-01-31 11:12 | Report Abuse

Aiyo yr friend OTB works the best over the last 5 years...got records here one

Not like somebody who simply jump out last Dec to claim he bought QL since 2009

Posted by qqq3 > 2019-01-31 11:12 | Report Abuse

KYY is into quarter profit X 4 at the moment....maybe , he gets lucky and Carimin every quarter better than last quarter Carimin $ 3, just like his VS used to be.....

S=Qr


KYY has proven he got the Q...now, what he needs is the r from his chosen stock......

Posted by CharlesT > 2019-01-31 11:13 | Report Abuse

I m not sure whether i shall trust him more or Ah Jon's 500% annual return imaginary friend

Posted by CharlesT > 2019-01-31 11:13 | Report Abuse

Posted by qqq3 > Jan 31, 2019 11:12 AM | Report Abuse

KYY is into quarter profit X 4 at the moment....maybe , he gets lucky and Carimin every quarter better than last quarter Carimin $ 3, just like his VS used to be.....

S=Qr


KYY has proven he got the Q...now, what he needs is the r from his chosen stock......

I thought u said yesterday that u dont want to promote this currymee?

Posted by CharlesT > 2019-01-31 11:14 | Report Abuse

Have to do work lah...no free meals in this world

I dont blame u qqq3

Posted by CharlesT > 2019-01-31 11:16 | Report Abuse

Posted by qqq3 > Jan 31, 2019 11:07 AM | Report Abuse

Tan Teng Boo of Icap....fantastic theoretician, fantastic economist, but over the last 10 years cannot execute......there are people like that also.

Lately i have a different perception on TTB..

How on earth can u put somebody's money into FD and make few millions RM fm doing so? Somemore these investors will go worship him every year in their AGM

Smart leh

Posted by qqq3 > 2019-01-31 11:22 |

Post removed.Why?

Posted by qqq3 > 2019-01-31 11:30 | Report Abuse

Posted by CharlesT > Jan 31, 2019 11:13 AM | Report Abuse

I thought u said yesterday that u dont want to promote this currymee?
=========

I am not promoting carimee...I am just saying luck works in mysterious ways......

Posted by CharlesT > 2019-01-31 11:32 | Report Abuse

Posted by qqq3 > Jan 31, 2019 11:12 AM | Report Abuse

KYY is into quarter profit X 4 at the moment....maybe , he gets lucky and Carimin every quarter better than last quarter Carimin $ 3, just like his VS used to be.....

S=Qr


KYY has proven he got the Q...now, what he needs is the r from his chosen stock...

This one not considered as one of yr promotion on currymee ah?

Posted by qqq3 > 2019-01-31 11:36 | Report Abuse

then don't consider it as I promoting carimee.......

Posted by Icon8888 > 2019-01-31 11:36 | Report Abuse

two of the most argumentative people in i3 are now engaging each other passionately

I have been waiting for this to happen when I posted my article

Posted by wiki123 > 2019-01-31 11:41 | Report Abuse

bcoz the recent curry mee was very delicious...

Posted by CharlesT > 2019-01-31 11:42 | Report Abuse

Different...

One otb hates most

Another one otb n h8s twin bro officially proclaimed as the smartest guy in i3

So different class n level

Posted by CharlesT > 2019-01-31 11:44 | Report Abuse

When u see ultraman is fighting with monster u cant simply categoried both under the same fighting monster right?

Posted by Icon8888 > 2019-01-31 11:45 | Report Abuse

not much different lah

monster destroy city

so does ultra man

Posted by CharlesT > 2019-01-31 11:47 | Report Abuse

Monster may eat u but ultraman will never loh

Posted by CharlesT > 2019-01-31 11:48 | Report Abuse

At worst he may accidently hentam yr house when u were in toiket n accidently killed u only

Posted by Icon8888 > 2019-01-31 11:48 | Report Abuse

hello CharlesT