by TanDavid88 > May 13, 2019 9:21 AM | Report Abuse
I believe 300k is overstated.
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If I don't response, they think you are right....well....2018, I made money, lots of it.....this year too ....and my portfolio is > $ 300 k from $ 100k 3 years ago
look at this SSlee....He think that I want KYY to buy Jaks and Sendai and will buy as much as did .............this sslee is just an idiot ................
This constitute a qualification from the auditor, a serious affair for Sendai. =========
U silly boy, that does not constitute a qualification Its called key Audit Matters..............U will find such discussions on all key audit matters.
and the real point is........your TA did not tell me why the Balance Sheet and FCF looks the way it look. I just point out the reason to you.
inclusion of an item in the key audit matter does not infer that the audit is giving a qualification................or that the auditors think the debts cannot be recovered.
qqq3 is an enigma to me. I am unsure of his stock selection method or his philosophy. At the moment, just able to observe his posts and accept his explanations with a slight pinch of salt and some reservations. ==========
just consider me a small time trader....that is fine with me. Nothing else needed. But I do have sharp opinions.
He has attended KC fundamental analysis course in recent years.
Before this course, by his own admission, he was not as knowledgeable as after having gone through the course.
The most important education is to invest in yourself.
You cannot rely on others to do your investing.
Also, should you rely on others for your investing, you better be sure you know how to use their expertise. For this, you will still need to have knowledge of your own investing philosophy and method.
No one cares for you money as much as you, yourself.
I usually agree with people talking too loud, as how do you know if you're foolish otherwise, than when people go whack you due to your stupid statement.
But sometimes, can just look yourself and find out, no need say the stupid thing, hoping someone korek and educate you.
==== Posted by Heavenly PUNTER Research IB > May 13, 2019 8:41 AM | Report Abuse
Posted by pjseow > May 13, 2019 7:48 AM | Report Abuse Kcc, thank you for posting this article stressing the importance of FCF beside looking at PE . This is one of the key fundamentals in stock evaluation. In fact the stock guru ColdEye rank FCF higher than DY and ROE in his 5 major criteria in stock selection. I also like your article on the 8 wonder of the world and the power of 72 highliting plus teaching many novices the maths in wealth accumulation.
Thanks for your comments. Reading this type of comments once a while motivates me on what I am doing now.
Posted by Heavenly PUNTER Research IB > May 13, 2019 8:05 AM | Report Abuse Are you a millionaire?
Young man, there are many millionaires commenting in this thread here, trust me. Many of them are humble, men with humility. Only those tin kosong, in term of wealth, knowledge, and humility, here like to quack quack quack.
Don't worry, you can be a millionaire too in some years down the road. Follow my advice to the young people in this thread below,
It is easy if you are follow the advice closely and patiently. But one million is not good enough you get it when retire 40 years down the road, as it can't buy even one fifth, or RM200k worth of stuff now.
Try to accumulate at least RM10m when retire in 40 years, as it is worth RM2m of today's money. It is still ok.
You know you are lucky as there are people who are kind enough to advise you. For people like us, we had no guidance.
The more important thing is if you have accumulated millions, you must be able to keep it. Then RM10m in 40 years later is good enough.
On the other hand, even if you have RM100m, or RM200m, but if you don't know anything but purely listen to the quack quack quack to sailang and margin, that money can fly away, easily.
why worry so much? my children tells me, his manager say his salary $ 8 k a month, got zero savings......just enough to pay for his BMW and house......
Dear all unkers and choivo boy, and also unker icon,
thank you for all your advice, appreciate it, sorry if I offended anyone.
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That's very poor financial management skills I say
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Posted by qqq3 > May 13, 2019 7:09 PM | Report Abuse
why worry so much? my children tells me, his manager say his salary $ 8 k a month, got zero savings......just enough to pay for his BMW and house......
Dear all, If you fail to plan, you are destine to fail in your career path and will not have enough saving/investment to support your retirement. Do not listen to quack accountant otherwise you will regrets later in life. A very good example is qqq3 ask him what is his last draw salary before retirement and why he only have 100K to start his investment so late into his retirement in year 2016.
Posted by qqq3 > May 13, 2019 7:09 PM | Report Abuse X
why worry so much? my children tells me, his manager say his salary $ 8 k a month, got zero savings......just enough to pay for his BMW and house...... ===========
this story was told to my daughter in the context that BMW is a stupid car, constant repairs.
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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....
Heavenly PUNTER Research IB
2,613 posts
Posted by Heavenly PUNTER Research IB > 2019-05-13 09:27 | Report Abuse
I know 300k is who, none other than qqq3, hahaha. No prize nevermind.