4 people like this.

76 comment(s). Last comment by stockraider 2019-04-14 16:29

3iii

13,179 posts

Posted by 3iii > 2019-04-11 20:34 | Report Abuse

qqq3


From your own assessment, which faculty you excel in:

1. K
2. C
3. r


Your answers:

1 only
2 only
3 only
1 & 2 only
1 & 3 only
2 & 3 only
All (1,2 & 3)


:-)

Posted by ( BNF trader losses ) Philip > 2019-04-11 21:08 | Report Abuse

This is actually a very very well written article. I like it! I totally agree.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 10:12 | Report Abuse

Heavenly PUNTER he made enough expenses from Gkent leh just few days ago.. don't doubt qqq3 you know
===========

Its true u know. I figured I can get $ 1.30 before next results with Philips involved.

Posted by Heavenly PUNTER > 2019-04-12 10:15 | Report Abuse

Hahhahahaha unker you so many years in Bursa liaoo... But now bull market, very difficult to judge who's really good.. because anyone can make money in a bull market... But if you lose money in a bull market i really speechless lah HAHAHA

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 10:20 | Report Abuse

( BNF trader losses ) Philip This is actually a very very well written article. I like it! I totally agree.
============

like Icon says, it evolves over the years. The basic ideas are with me before i3 but i3 time gives life and form to it.


When I first come here, i3 seems to be dominated by people who thinks being an accountant is the only requirement for stock market success.....they call me a fake accountant for challenging the status quo.

My contribution and your arrival means investment can now be defined as participating in the growth of excellent companies.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 10:26 | Report Abuse

Icon8888 They should give you a Nobel price
========

no Prizes because non i3 members cannot relate to half of it.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 10:34 | Report Abuse

3iii qqq3


From your own assessment, which faculty you excel in:
==========


me? Before i3, I don't have the C for it........Now, trying very hard and confident I will do very well before I am 80....I have to catch up with KYY, u know.

Posted by Heavenly PUNTER > 2019-04-12 10:37 | Report Abuse

actually being an accountant doesn't make you a good investor... it certainly helps... But it's not the most important criteria... Until today I have problem making the statement of cash flow... But as long as I can read it, understand it and pass my exam I think it's good enough
Hahahahhaa

Let the accountants do what they are best at doing hahahaha

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-12 10:39 | Report Abuse

bought some gkent

follow my sifu Philips

probability

14,496 posts

Posted by probability > 2019-04-12 10:40 | Report Abuse

me too.. now days all are my sifu..youngest is Punter

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 10:49 | Report Abuse

I followed u into LBA, don't disappoint me.....

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-12 10:55 | Report Abuse

I buta buta pick one lah.... no insider info, no special insight, no feel of industry...

I just dumb dumb hold... you better go follow some real sifus and punt some good quality stocks, I am just an amateur

3iii

13,179 posts

Posted by 3iii > 2019-04-12 11:00 |

Post removed.Why?

3iii

13,179 posts

Posted by 3iii > 2019-04-12 11:01 | Report Abuse

>>>

Heavenly PUNTER actually being an accountant doesn't make you a good investor... it certainly helps... But it's not the most important criteria... Until today I have problem making the statement of cash flow... But as long as I can read it, understand it and pass my exam I think it's good enough
Hahahahhaa

Let the accountants do what they are best at doing hahahaha

>>>>


The few accountants I know are not good investors.

Many of them speculate. One doesn't believe in fundamentals, and rely on charting.

To understand their behaviour, you need to analyse their past investing journey.

3iii

13,179 posts

Posted by 3iii > 2019-04-12 11:04 |

Post removed.Why?

3iii

13,179 posts

Posted by 3iii > 2019-04-12 11:04 | Report Abuse

catalyst of change

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 11:08 | Report Abuse

Heavenly PUNTER > Apr 12, 2019 10:37 AM | Report Abuse

actually being an accountant doesn't make you a good investor.
==========

accountants are prudent and conservative and like to consider themselves as having value for money. Not bad traits.

But, stock market and businesses have to venture beyond that.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 11:11 | Report Abuse

3iii > Apr 12, 2019 11:04 AM | Report Abuse

Philip is the catalyst to qqq3 as Charlie Munger is to Buffett. :-)
========

I am no wallen the bufalo, never was and never can be....but Philips arrival has helped me in many ways.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 11:22 | Report Abuse

3iii > Apr 12, 2019 11:01 AM | Report Abuse

The few accountants I know are not good investors.
=======

Professional hazard. Accountants know too much about fudging figures so in their after hours play with charts.

Posted by Heavenly PUNTER > 2019-04-12 11:34 | Report Abuse

Correct correct accountant sometimes too careful liao! It's not a bad thing but you might miss out a lot of good returns! And they focus too much too much on numbers!

Sslee

6,827 posts

Posted by Sslee > 2019-04-12 11:37 | Report Abuse

Dear 3iii,
I am disappointed with your judgement. Of all the people you still unable to see who quack quack quack is?
Quack, quack, quack,
From your own assessment, which faculty you excel in:
K: Knowledge
C: Character
R: Rate of return
G: Grit ‘Sailang”
Allow me to answer your question. He had none, He only good in PLP, sweet talking, hoodwinked and backstabbing his targeted victim. You should ask him:
1. How many different ID he had used before? What knowledge did he impart except keep bad mouth KCCHong? And even used a deceased man (Optimus) to slander OTB (Just because OTB stands in his way to sell his JAKS Vision 2020 IPP to Mr. Koon)?
2. What character expected from him? Rigid is dead, flexibility is life: Me? I am a trader.I stay flexible, bends with the wind. With business sense, I look for theme plays. Look for the latest themes.......Stay the trend .....Life. Trade....learn to trade....plenty of opportunities to trade.......stock market is a Game...games people play.....it is not a maths puzzle for mathematicians to solve......... (Compliment from Icon8888, qqq3 is like cockroach. You cannot destroy him. They should give you a Nobel price)
3. Rate of return??? “me? Before i3, I don't have the C for it........Now, trying very hard and confident I will do very well before I am 80....I have to catch up with KYY, u know.” Please tell him what is the CAGR he needs to grow his small little sausage to be comparable to Mr. Koon?
4. Grit or “Sailang”. DK66’s TP on one of his heavily promoted JAKS is RM7.00. So ask him dare to sailing and margin finance into JAKS now.
I rest my case

Thank you.
P/S: Be principled.
“Boys, be ambitious!” Be ambitious not for money or for selfish aggrandizement, nor for that evanescent thing which men call fame.
Be ambitious for knowledge, for righteousness, and for the uplift of your people.
Be ambitious for the attainment all that a man ought to be.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 11:45 | Report Abuse

Icon8888 I buta buta pick one lah
==============

U call to buy Canone is a cun cun call....Early birds many worms already. On a strategic level, KJ shareholders can and should swap their cash into Canone.

As I said, these Canone people are grand masters and for genuine investors, what is better than investing in Grand Masters.

I also bought some Canone.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 11:49 | Report Abuse

ss

Can u not open your mouth and instantly become an idiot?

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 13:54 | Report Abuse

BNF trader losses ) Philip This is actually a very very well written article. I like it! I totally agree.
===========


of course u like it. I use u as model.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 14:06 | Report Abuse

myongcc5 Skill= K + E.
=========

they always work better as a multiplication , not sum of parts because there is a positive feedback loop., one reinforcing the other. S = KE.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-12 14:09 | Report Abuse

They say cockroaches can even survive a nuclear Armageddon.

3iii

13,179 posts

Posted by 3iii > 2019-04-12 15:09 | Report Abuse

>>>
qqq3 BNF trader losses ) Philip This is actually a very very well written article. I like it! I totally agree.
===========


of course u like it. I use u as model.
>>>


:-)
:-)

qqq3

13,202 posts

Posted by qqq3 > 2019-04-13 17:42 | Report Abuse

S = KC X r

what about K?

what about the knowledge part?

not all knowledge are the same.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-13 17:47 | Report Abuse

there are the good knowledge and the bad knowledge.
there are :
- prepackaged knowledge ( like from seminars and TV shows )
- opinions disguised as facts
- knowledge that are spoon fed and self taught knowledge

the best knowledge are self taught. This is the internet age after all.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 00:54 | Report Abuse

what about knowledge provided by KC Chong?

Is it good knowledge or just one man's opinion?


Is it knowledge or opinions disguised as knowledge?

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 00:57 | Report Abuse

true knowledge is how far u dig.............

BNF trader losses ) Philip > Mar 15, 2019 6:17 AM | Report Abuse


That is why I don't understand investors who are able to buy 30 stocks, when they can't even name the top 5 management team, their track record and all of the above at the top of their head.

You read the report many many times I assume. Can you name me the top 5 managers without referring back to the report? ( Warren buffet remembers all the managers of his companies by name). If you can do that can you name all the metrics I just put out above as it is all interrelated.

If you can't, I suggest you read the reports a few more times and memorize the details, or stick to companies you are familiar with.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 01:02 | Report Abuse

True knowledge is how far u dig....and how much thoughts you have brought into it.......not how many seminars u have attended.

kcchongnz

6,684 posts

Posted by kcchongnz > 2019-04-14 06:50 | Report Abuse

Posted by qqq3 > Apr 14, 2019 12:54 AM | Report Abuse
what about knowledge provided by KC Chong?
Is it good knowledge or just one man's opinion?
Is it knowledge or opinions disguised as knowledge?

In the last two years, quack quack quack aka Desa6769, Stockmanny, Brightsmart, Loneranger, etc. conning newbies and his master to continuously shouting to them sailang and margin Jaks and Sendai at RM1.80+ and RM1.40+ respectively. In the process, he made tons of money, and those newbies who lost their underwear when Jaks and Sendai dropped below 50 sen in just months are just stupid. So he said. Even his master who lost more than RM100m is stupid as quack quack quack was able to bite the hands which fed him, so he said.

kcchongnz wrote many articles to warn newbies about this conman who changed his id numerous time so as to continue conning newbies. You can find some of the threads here,

https://klse.i3investor.com/blogs/kcchongnz/123266.jsp
https://klse.i3investor.com/blogs/kcchongnz/167283.jsp
https://klse.i3investor.com/blogs/kcchongnz/168850.jsp
https://klse.i3investor.com/blogs/kcchongnz/176384.jsp

https://klse.i3investor.com/blogs/kcchongnz/186378.jsp
https://klse.i3investor.com/blogs/kcchongnz/151263.jsp
https://klse.i3investor.com/blogs/kcchongnz/134621.jsp
https://klse.i3investor.com/blogs/kcchongnz/133708.jsp
https://klse.i3investor.com/blogs/kcchongnz/132084.jsp

Those newbies who listened to me saved their underwear. If someone knew how to judge the credibility of others, and just gave a thought of what my opinions were, and he would have saved more than RM100m,from getting conned.

So what do you think the knowledge, or ""one-man's opinion"" I have been providing for?

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 11:44 | Report Abuse

kc

two years already, u are so obsessed with Jaks and Sendai......

yet, u cannot see Jaks is a great investment at 85 sen today.

what is the use of your knowledge and experience?

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 11:45 | Report Abuse

on Jaks...............


qqq3 Philips...go buy some Jaks.

Its not gambling. Its still investing even thought Jaks is not historically an exemplary company.

Its still investing in a company with great growth prospects., managed by CPEEC , the largest electricity contractor in China....and Jaks is only a passive investor with minority stakes. Once the thing is switched on, don't need Jaks to be genius to see money coming in. Its an IPP after all.


<$ 500 milion market cap, the market has not given much value to the IPP with income stream of $ 150 m pa.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 12:06 | Report Abuse

kc


knowledge does not require u to buy every Jaks out there.

but good knowledge suggest u can make some money with your knowledge.....your Insas can make money meh?

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 12:13 | Report Abuse

kc, anyway I am dead serious when I write...........


Stock: [JAKS]: JAKS RESOURCES BHD

Apr 13, 2019 11:46 PM | Report Abuse

KC

Actually I am the least likely person to hard sell any stock., or for that matter, hard self myself.

I do not feel comfortable if people trust me too much or praise me too much like in this article.


https://klse.i3investor.com/blogs/qqq3/201987.jsp


I cannot bear the burden of responsibility for others....

I am happiest and most comfortable if people sees me for what I truly am............just a small time trader in Bursa.

kcchongnz

6,684 posts

Posted by kcchongnz > 2019-04-14 13:01 | Report Abuse

Posted by qqq3 > Apr 14, 2019 12:13 PM | Report Abuse
KC
Actually I am the least likely person to hard sell any stock., or for that matter, hard self myself.

You didn't hard sell Jaks and Sendai? What have you been doing the last two years shouting relentlessly everyday sailang and margin jaks and Sendai at RM1.80+ and RM1.40+ respectively? It is all over i3investor.

You hard so much and made so many newbies lost their underwear, and your master lost more than R100m!

And at the back you claimed you had make killings on Jaks and Sendai.

kcchongnz

6,684 posts

Posted by kcchongnz > 2019-04-14 13:04 | Report Abuse

Posted by qqq3 > Apr 14, 2019 12:13 PM | Report Abuse

kc, anyway I am dead serious when I write...........
I do not feel comfortable if people trust me too much or praise me too much like in this article.
https://klse.i3investor.com/blogs/qqq3/201987.jsp
I cannot bear the burden of responsibility for others....
I am happiest and most comfortable if people sees me for what I truly am............just a small time trader in Bursa.

Wow, people made a couple of comments and you construed them as praising you.

You know what, this is another opinion here.

You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 14:24 | Report Abuse

kcchongnz Posted by qqq3 > Apr 14, 2019 12:13 PM | Report Abuse

You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing.
=============

but u don't have what it takes to appreciate my works. Anyway, Insas people will not appreciate my work.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 14:26 | Report Abuse

kc...to put it bluntly, u belong to the era of dinosaurs.


My Golden Rule of Investing

Apr 14, 2019 1:58 PM | Report Abuse

in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.

kcchongnz

6,684 posts

Posted by kcchongnz > 2019-04-14 15:19 | Report Abuse

Posted by qqq3 > Apr 14, 2019 2:24 PM | Report Abuse

kcchongnz Posted by qqq3 > Apr 14, 2019 12:13 PM | Report Abuse

You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing.
=============

but u don't have what it takes to appreciate my works. Anyway, Insas people will not appreciate my work.


Appreciate your work? What work?
You made my toes laugh.

By the way, why do you link Insas with me non-stop? Did I promote it like what you have been doing for the last two years, causing your master to lose more than RM100m, and newbies their underwear?

kcchongnz

6,684 posts

Posted by kcchongnz > 2019-04-14 15:22 | Report Abuse

Posted by qqq3 > Apr 14, 2019 2:26 PM | Report Abuse

in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.

What the F*** is that? ""Algorithm between quality and margin of safety""?

This is pure garbage-eating cockroach.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 15:33 | Report Abuse

Posted by kcchongnz > Apr 14, 2019 3:22 PM | Report Abuse

Posted by qqq3 > Apr 14, 2019 2:26 PM | Report Abuse

in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.

What the F*** is that? ""Algorithm between quality and margin of safety""?
=====================

KC...share market is always about striking the right balance. And choose the better option.


yes...there is this ever present conflict between quality and your margin of safety and assets and low quality earnings..and your so called cash cows.........

Who is that Benjamin Graham guy? I think the world has passed him by......Even your fellow value investor Tan Teng Boo Icap admits the world has changed. I call BG a dinosaur too.

and your cash cows can become very moody cows indeed.


https://klse.i3investor.com/servlets/forum/600202164.jsp


Uber admits yesterday, shareholders may never see profits in Uber, yet Uber is still a very sought after share.

go figure.

Posted by Heavenly PUNTER > 2019-04-14 16:02 | Report Abuse

In this era... it's no longer like Benjamin Graham days! Nowadays we look at earning quality and consistency and earnings growth too! You don't just look at assets! If a firm needs to have a lot of asset to maintain it's earnings, very likely it's capital expenditure intensive..
That's why you see MYEG can have PE way above most of the companies you see, their profit margin is strong and they don't need 1 dollar of asset to generate 1 dollar of sales!

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 16:17 | Report Abuse

kc....the power of the internet and the millennial generation, their tastes, their wants and desires means the world has passed Benjamin by.

I officially classify u and that raider as belonging to the dinosaurs.

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 16:18 | Report Abuse

kc...go ask the young ones like punter for their tastes lah......

stockraider

31,556 posts

Posted by stockraider > 2019-04-14 16:23 | Report Abuse

Safety 1st loh....!!

The 1st strategy is not to lose monies mah....!!

The 2nd strategy is remember the 1st strategy loh...!!

In a nutshell it is all about margin of safety mah....!!

Thats why insas will beat QL loh.....!!

Btw Tan teong boo is not a margin of safety investor, nor a quality stock investor , he is just a market timer loh...!

Posted by qqq3 > Apr 14, 2019 3:33 PM | Report Abuse

Posted by kcchongnz > Apr 14, 2019 3:22 PM | Report Abuse

Posted by qqq3 > Apr 14, 2019 2:26 PM | Report Abuse

in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.

What the F*** is that? ""Algorithm between quality and margin of safety""?
=====================

KC...share market is always about striking the right balance. And choose the better option.


yes...there is this ever present conflict between quality and your margin of safety and assets and low quality earnings..and your so called cash cows.........

Who is that Benjamin Graham guy? I think the world has passed him by......Even your fellow value investor Tan Teng Boo Icap admits the world has changed. I call BG a dinosaur too.

and your cash cows can become very moody cows indeed.


https://klse.i3investor.com/servlets/forum/600202164.jsp


Uber admits yesterday, shareholders may never see profits in Uber, yet Uber is still a very sought after share.

go figure.


Heavenly PUNTER
Posted by Heavenly PUNTER > Apr 14, 2019 4:02 PM | Report Abuse

In this era... it's no longer like Benjamin Graham days! Nowadays we look at earning quality and consistency and earnings growth too! You don't just look at assets! If a firm needs to have a lot of asset to maintain it's earnings, very likely it's capital expenditure intensive..
That's why you see MYEG can have PE way above most of the companies you see, their profit margin is strong and they don't need 1 dollar of asset to generate 1 dollar of sales!

qqq3

13,202 posts

Posted by qqq3 > 2019-04-14 16:26 | Report Abuse

Posted by stockraider > Apr 14, 2019 4:23 PM | Report Abuse

Btw Tan teong boo is not a margin of safety investor, nor a quality stock investor , he is just a market timer loh...!
==========

what market timer? He has not timed any thing for 10 years. I was at his seminar yesterday.

stockraider

31,556 posts

Posted by stockraider > 2019-04-14 16:29 | Report Abuse

He time mkt will crash to get in but mkt has not yet loh....!!

Thats why hold so much cash mah.....!!

Posted by qqq3 > Apr 14, 2019 4:26 PM | Report Abuse

Posted by stockraider > Apr 14, 2019 4:23 PM | Report Abuse

Btw Tan teong boo is not a margin of safety investor, nor a quality stock investor , he is just a market timer loh...!
==========

what market timer? He has not timed any thing for 10 years. I was at his seminar yesterday.

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