Dear Sslee, thanks for your remarkable 'DO Not' tips for us just turning Senior Citizens. I will write it down and frame it on the wall. A very good reminder. Thanks & God Bless you too.
SSlee. Sincere and good write up. Is your grandpa Koon one of those unscrupulous conman you mentioned? Otherwise, how could someone told his readers that Dayang business won't be affected even when oil price was down and all the sudden after 2 weeks he declared he sold out of Dayang? You need to be consistent with your verdict even if you consider him a friend
Or when he took photos in front of AT and came up with fantastic profit projection but then changed 180 degrees soon later? Maybe JV with the chong kah turned sour? In the old days, chong kah hide behind the scene, now they are being celebrated as celebrity
SSlee. TQ for your tip for Armada. I made handsome profits. Sold all around 0.375. Now, you gotta ask me la when it comes to O&G. Dayang is a well managed company but RM3 was too high la. I reckon even now at 1.8B it has run ahead of itself. In the long run, Dayang is worth keeping but i very doubtful it could be worth RM3B
SS LEE was right.Calvin Tan look inconsistent.Mabel never love Calvin Tan.Like me.I have more right thn Calvin.The one who sunk Japan and Singapore year 2019 and year 2020.
Didn't realize he was suspended, no wonder a bit quiet lately. I think he is a ok 'guru' and would give his takes on some chosen stocks. Ultimately, it's our call whether to buy or sell. Of course, he would not take insults lightly, and would give twice the blows he got. And there are definitely more crazy characters out there than old Calvin.
root cause of all problems (mostly at least) in the world is overpopulation....breeding of low quality children motivated by media, movies, religion and selfish politician controlled indirectly by influential businessman with short term interest
but if you stop population growth, one is faced with the inevitable halt of collective economic growth
we talk about conserving nature, protecting wildlife, reduce pollution and global warming...just like how the hotel owner tells you to avoid placing towel on the door if possible to safe soap usage for environment when all he wants is to safe his cost
everything...healthcare, school care, cheaper housing loan, or 'better' wages against rising consumables cost...all are temporary cosmetics..
the root cause of these issues is population growth
all intelligent rich businessman at the top knows profitability is derived from these growth fundamentally...and this not easy for ordinary people to see
so it is not in the influential businessman's interest to talk on the root cause
capitalism is an economy which is based on growth, communist did not surface without a reason
though capitalism has its merits, its self interest had even forbidden any questioning or propagation of communism concept as if its an evil form
they key is to have quality life without growth ..capitalism cannot exist forever...the world will eventually reach saturation one day though (forced to eventually)...but not without suffering from majority poor of the future populations
the world (majority population) has a natural mechanism that is not controlled by logics or ethics but pure lust, pleasure seeking and some greed unfortunately
the rational man appears unable to run very far from the irrational self that is within all of us
Calvin is neither friend nor foe. Like everyone who wrote in i3 his writting only hihglight points (fact/figure) that support his investment thesis/stock recommendation
He has many chun chun calls so are many holland calls.
The question is whether he was bought over by pump and dump syndicate to do their bidding?
I hope not and it is not right for us to judge and imply: whoever became a thief and stole using God's name will get what is coming to him.
At the end of the day he need to look in the mirror and be judged by his conscious and his god.
Revelation 22:18-19 says, "For I testify unto everyone who hears the words of the prophecy of this book, if anyone adds to these things, God will add to him the plagues that are written in this book; And if anyone takes away from the words of this book of this prophecy, God shall take away his part from the Book of Life, and from the holy city, and from the things which are written in this book."
In stock market , the trend changes from time to time and infact no one can actually have fulled confidence which stocks cun cun with 100% surety when buy will reap profits even despite with sound underlying fundermentals . Sometimes we noticed at times the trend changes even with poor financial results the stock keep soaring that keeps us wondering fundermentals alone doesn't works and befitted into stocks purchasing selection .
To summarize up , just follow the trend and mark up currently which stocks is now under the radar with strong supportive buying uptrend interests that reap short term profits is good enough and switches to others stocks when it started to lose interest.
Of course different investors have different investment strategies application when comes to stock selection , but no cun cun as risks is unavoidable under any circumstances. We can never see beggars on the streets if risks and losses suffer have not been discounted in the first place.
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....
Mabel
24,226 posts
Posted by Mabel > 2021-02-25 14:10 | Report Abuse
Great write up sslee and thanks for sharing..
I agree totally what you wrote..
Kinda Miss Calvin
I love his enthusiasm and his research works..
Blaming him for consequential misfortunes as claim is totally unfair to him.
When comes to making money, it's everyone own responsibility and it better be. Period!
Keep writing...
Meow Meow Meow