spend so much money on court case, this SEE brothers really got nothing to do. its matter of time all brothers family re union n Kian Joo sold to outsider, all brother share and distribute the 1.4 billion. So canone might get about 450 million, couple with family clients from kianjoo all shift to canone, walau........like this canone profit will be 3 fold jump....its possible as this huge fortune is suppose to be or originated from SEE punya ah kong.
CANONE will be a good buy even at current price.Rosmah is target 5.2 while I kept mine at 6.45 thus both price also indicated that canone will be good candidates to ride on next year 2016
Hi TK,aware you are an professional and qualified finance industry participants as compare to mine (pls check my background) and thus your words will need to be given higher credits and place more attention.
But with my limited knowledge,putting an avg PE of CANONE at 10 will marked him above RM 6.5 do not forget the current price was now restrained by Kianjoo issue but looking forward it will be booster for canone next year stay tune.
Back to TK,since you are involve in family office,I do not know what it your funds mandate but I am hoping your funds is a comprehensive one which covers both listed co investment as well as private Equity as Malaysia PE industry was far below average .
2015年12月7日星期一 My List of Shares - Koon Yew Yin Author: Koon Yew Yin | Publish date: Mon, 7 Dec 2015, 07:56 AM After the publicity created by the article written by my remisier, Allan Yeoh of Kenanga about my unbelievable profit of Rm 105 million with an initial capital of Rm 10.5 million, after about 4.5 year, many people wanted to know what shares I am still holding because the shares I am holding were not mentioned in that article. Some people also wanted to know my performance of my accounts with Maybank, Hong Leong, RHB, CIMB, TA Securities and some of my money managed by Mr Ooi Teik Bee. It is beyond the scope of this article to tell you my performance with all the other investment banks and TA Securities. Suffice to say that I buy and sell basically the same list of shares I own and the performance of each account varies. Nevertheless, I can say that I have not lost money in any of my accounts. The followings are shares I am holding. In random order:- VS Industry Latitude Lii Hen Can One Focus Lumber Johotin Geshen Genetech Evergreen Xingquan The one and only reason for me to own the above shares is because they all comply with my share selection golden rule which is the companies must be able to make more profit this year than last year. I believe their prices will go up sooner or later when they announced increased profits. Of course, all of them will not go up at the same rate. Some of them will climb faster than others. As much as this sounds so boastful, I hope readers will benefit from this article. Many people are wondering why I am buying Xingquan almost every day because the company did not give out much dividend and most investors do not believe its audited accounts. I shall write another article about this shortly. I foresee there will be the usual few stupid critics who will say some rubbish to annoy me. In fact, my wife and a sincere friend, my confidant advised me not to post any more articles about my investment prowess. But I believe my articles will benefit many more people than the few critics. My advice to those critics is that they must look at the mirror and ask themselves why they are still so poor. I am obliged to tell you that I have a lot of the above shares and I am not asking you to buy or sell. But if you do you are doing it at your own risk.
listen to ERKONGSENG you are wrong. CANONE price is overvalue now. No doubt CANONE is a good stock, but if you are chasing high (>4++), you are in dangerous actually...below rm4 you are safe, when market turn bad, CANONE will be the stock throw nonstop by big player/retailer..check back the history then you will know..even KYY also will throw if market bad, they will throw as much as they can since their entry price is just rm3 below..they still earn a big buck by throwing from 4.5 to 3.5..
I am wondering why you guys didnt enter when it was below rm3..why you guys only chase high when more and more ppl keep promoting this stock..this ways of stock investment will caused you failed.. REMEMBER, dont chase high, we should find a new undervalue gem and wait it to bear fruits... you might be able to earn some small bucks by chasing high, but you are in a risk to lose big buck to big player.
you chase high 10 stocks, you earn 8 stock, every stock earn 10%, but for the other 2 stock, you might stuck at high and lose 50-80% and it will affect your mood and ruin your investment life!!!
THINK TWICE before chase high...we are not KYY which have multi million to chase high, he can easily push 1 stock from rm3 to rm4-rm5...but he already finished accumulated CANONE, so now CANONE mostly push by retailer which will panic sell if price goes down abit.. If KYY start sell, sure drop rm1
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....
pharker
1,090 posts
Posted by pharker > 2015-12-04 19:19 | Report Abuse
This is a sprint- rest counter....rise sharply..then rest for sometime. Now in resting mode.