but this calvin.........and that raider, same DNA....when they have an idea, they hang on their ideas against all evidence, very dangerous this margin of safety peoplle.....
So many unrelated causality it's not even funny. Calvin tan back to his old tricks again trying to get people to buy his promoted shares by biased views and no relation to financial results.
BEST INDICATOR IS BOSS BUYING PANTECH SHARES WITH THEIR OWN HARD EARNED MONIES
TAN ANG ANG 03-Mar-2015 Acquired 1,000,000 0.670 View Detail TAN ANG ANG 06-Feb-2015 Acquired 500,000 0.670 View Detail TAN SUI HIN 13-Jan-2015 Acquired 25,000 0.600 View Detail TAN SUI HIN 21-Nov-2014 Acquired 50,000 0.670
"Must share w u. 1996 dialog was listed at rm2.75. that the year my girl was born. i bough ik at ipo balloting n still hold on. that 1k is now worth abt rm620k. it paid for mygirl edu all the way to australia.
still got bal...n its now paying for my son college fee"
First you say don't see rear view mirror. Then you say at 1996 dialog is good.
So is it reverse it forward, which is it?
Most importantly, in between the lean years and good years did Calvin buy?
Answer: No!
But now suddenly dig up shareholder purchases from 2015, when PANTECH did its worse and stock price tank.
But when stock price tank, did tan Ang ang but with his own hard earn money?
No, instead he take advantage of the company and do... ESOS. Why don't buy off the market at fair price? Why need to take advantage of shareholder and buy it cheap from company?
This is what Warren buffet had to say about companies like this, from their latest annual report.
" That brand of earnings is a far cry from that frequently touted by Wall Street bankers and corporate CEOs. Too often, their presentations feature “adjusted EBITDA,” a measure that redefines “earnings” to exclude a variety of all-too-real costs.
For example, managements sometimes assert that their company’s stock-based compensation shouldn’t be counted as an expense. (What else could it be – a gift from shareholders?) And restructuring expenses? Well, maybe last year’s exact rearrangement won’t recur. But restructurings of one sort or another are common in business – Berkshire has gone down that road dozens of times, and our shareholders have always borne the costs of doing so."
- Warren buffett
Do you count ESOS as a expense? Especially when they dilute company shares ( 1.3 million+ in this year alone) at 0.415 when it is worth 0.6 in the open market.
This is not reported as an expense in your earnings, but who pays for the difference? A gift from the shareholders like Calvin tan?
Thank you Calvin.
YOU ARE SO GENEROUS!
SO GENEROUS TO GIVE OUT FREE MONIES WHETHER FOR OVERPERFORMANCE OR UNDERPERFORMANCE.
bro calvin, not sure how u come out with such interesting investing techniques anyhow i will not buy but i can ask my bro Dato Ong Lai Wah to support u, no worries.
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....
qqq3
13,202 posts
Posted by qqq3 > 2019-02-25 11:29 | Report Abuse
but this calvin.........and that raider, same DNA....when they have an idea, they hang on their ideas against all evidence, very dangerous this margin of safety peoplle.....