Posted by pisanggoreng > 2015-08-13 09:49 | Report Abuse

dear friends,

to a value investor there no such term as "cheap" but " reasonable"

if you have no money, whatever " cheap" is "expensive"

remember

1. only poor man waits for low price, rich man no patience

2. do not ask "how cheap can buy" but "what is the reasonable price to buy"

Posted by Shrekk > 2015-08-13 10:43 | Report Abuse

Pisang goreng is absolutely right. Dragon Tian, this strange world called stock market is not well suited for you. You really have to learn a lot and back to school.

Posted by Shrekk > 2015-08-13 11:09 | Report Abuse

I think you can learn a lot from pisang goreng if you are really humble enough to learn. Good luck Dragon Tian!

Posted by Drago Tian > 2015-08-13 11:34 | Report Abuse

Today got annocement from malaysia, that why went up

Posted by Shrekk > 2015-08-13 11:57 | Report Abuse

Dragon Tian, you are way too focused on "other people" this and that until you forget about your ownself. What you really need to do now is to focus on yourself and start forget about "other people". Do proper valuation of matrix to determine its reasonable price to enter as preached by pisang goreng and decide whether you want to buy as that simple. If you continuously like this you will end up with no action. Believed pisang goreng is well verse to teach you on the basics of fundamental investing.Good luck Dragon Tian.

Posted by Shrekk > 2015-08-13 12:04 | Report Abuse

Matrix is a solid investment grade stock with high divvy and foreseeable growth and whether its share price goes up or down we are more than happy to collect as long as the CEO Dato Lee is delivering his great job.

Good luck Dragon Tian.

Posted by ggg123 > 2015-08-14 13:45 | Report Abuse

In a relatively stable environment then yes you're right Shrekk. But due to the current market uncertainties, it does not feel like the right time. Not much difference in waiting it out for clearer signs of market stability, even if it rises to RM2.40+ in the short term it's not too late to re-enter.

Posted by xuewen > 2015-08-14 14:25 | Report Abuse

as I can see , 2 different category class of people can never think alike.

sherkk is a rich man, you are a poor man

how can you expect sherkk to think so much like you

how can sherkk expect you to be that carefree like him

Posted by xuewen > 2015-08-14 14:26 | Report Abuse

so just do whatever you think right

Posted by bing > 2015-08-14 14:27 | Report Abuse

buy thinks

Posted by xuewen > 2015-08-14 14:37 | Report Abuse

what is ' buy think' ?

Posted by ggg123 > 2015-08-14 16:10 | Report Abuse

How do you forecast with certainty year-on-year EPS growth and say it is undervalued when the whole economic situation is uncertain right now? I agree under value investing when market is stable but share price plunge due to irrational reasons, it is a good time to top up, but right now is it the same scenario?

Posted by xuewen > 2015-08-14 17:31 | Report Abuse

what is ' buy think' ?

Posted by xuewen > 2015-08-14 17:34 | Report Abuse

forecast with certainty ????

if it is certain, why you call it forecast?

forecast + certainty end up no action

hahahaha.......

you are a typical poor man

Posted by Drago Tian > 2015-08-14 17:44 | Report Abuse

I like pretty girl xuewen, what the price you join in?

Posted by Drago Tian > 2015-08-14 17:47 | Report Abuse

Bad news came from where? If you think from US....then you knowlah they try hard to strengthen the US dollar.

Posted by ggg123 > 2015-08-14 17:59 | Report Abuse

xuewen you are a typical argumentative person that spam the forum with posts like the above. Let me shorten my point: I believe Matrix may still have much room to fall given current bleak market scenario, though it is uncertain. Which is why I cleared out since RM2.30+, as shortly thereafter it tested a low of RM2.10 while KLCI was still above 1600. Today, KLCI closed below 1600 while USD/MYR reached a new high. Is it the right time to enter? No one knows. If the broader market has stabilised, re-entering even at RM2.40+ isn't too late and poses no big difference.

Posted by Drago Tian > 2015-08-14 18:01 | Report Abuse

I think ggg123 mean goreng kaw kaw if market turn better...huhuhu

Posted by xuewen > 2015-08-14 18:11 | Report Abuse

hahaha.....


come on lah....

have some sense of humors

if I call you poor man , are you really a poor man

if you take it so seriously, then am I not super powerful

actually what I am trying to say is the investing mentality

do you not think it is not true?
14/08/2015 18:10

Posted by ggg123 > 2015-08-14 18:23 | Report Abuse

I'm not going to debate on investing mentality. Matrix is fundamentally good and cheap right now with among the highest dividend yield for prop counters. Also this year they should deliver the best ever profit in history since listing. You can go ahead to buy, but I will wait for market to show some signs of stability. You might end up earning more than me, if that's the case congrats to you :)

Posted by Drago Tian > 2015-08-14 18:28 | Report Abuse

Where shriek? I think he already buy in. Then, everyday have to monitor bear play play only

Posted by ggg123 > 2015-08-14 18:29 | Report Abuse

Shrekk would probably say value investors can hold and keep. He has holding power. Me with puny capital need to take good aim.

Posted by Mafanyau > 2015-08-14 19:49 | Report Abuse

I'm not expert but like this phrase which share by someone "never catch a knife when if falling ". I personally believe it make some sense there.

Posted by xuewen > 2015-08-14 21:05 | Report Abuse

but you must also aware , though it make sense in most of the instances but it may not make sense here.

I still prefer ggg123 insight :
"Matrix is fundamentally good and cheap right now with among the highest dividend yield for prop counters. Also this year they should deliver the best ever profit in history since listing."

friend,
there is also one phrase equal make sense and useful:
" even the best-laid plan don't always work out"

Posted by xuewen > 2015-08-14 21:40 | Report Abuse

Food of thought,

Ecclesiastes 11:4

Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest.

Posted by ggg123 > 2015-08-14 21:50 | Report Abuse

Lol. xuemen you omit the 2nd part of my 'insight' on market. Anyway matrix should do excellent profit this year because of strong sales from last year and also for the first half of this year. But for sales in the next few quarters, which will affect Q4 2016 & 2017 profit, can you share your insights on whether they can do as much sales? In other sectors such as food and consumer goods, it's already showing bad results and expected to be worse because of poor consumer sentiment. Also don't forget matrix's strong profit this year had a large chunk contributed by the high margin industrial land sales when our economy and political landscape still looked stable to international companies, do you still think they will be so keen to invest hundreds of millions in Malaysia to set up new factory for this year and next year? :-)

Posted by xuewen > 2015-08-14 22:18 | Report Abuse

1. what is LOL? what do you want to tell me?

2. you do not seem to understand what I actually want to tell you

Please google " Ecclesiastes 11:4 "


so that we are on the right track of the discussion

Posted by ggg123 > 2015-08-14 22:30 | Report Abuse

Why should I be Googling on metaphors? How about sharing your insight into objective issues I raised such as how to determine sales outlook for next year?

Posted by Drago Tian > 2015-08-14 22:36 | Report Abuse

Analisis dengan teliti, apabila s&p hampir buka, dia akan bagi tahu rebound sikit lah apa lah....bila saham asia hampir buka dia kata lah macam2 story contoh minyak mula turun sekian sekian

Posted by Drago Tian > 2015-08-14 22:37 | Report Abuse

Dia pa pun hot buat lagi konon macam ni US dollar naik

Posted by xuewen > 2015-08-14 23:09 | Report Abuse

please try to figure out what I am sharing here , you can use google, it is not difficult



Posted by xuewen > Aug 14, 2015 09:40 PM | Report Abuse X

Ecclesiastes 11:4

Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest.

Posted by ggg123 > 2015-08-14 23:28 | Report Abuse

Not about to google on methaphors in story book written by some men when the stock markets weren't even invented yet, unless it's something by a successful corporate figure or investor.

I am guessing what you're referring to is an investing style which is unique to individuals. For that, have a look at KYY's latest blog post on his personal criteria during this volatile market.

Now that's been a long detour, how about we stick to objective and insightful discussions such as what I've raised earlier - residential and industrial property sales outlook and potential earnings.

Posted by xuewen > 2015-08-14 23:54 | Report Abuse

you still have not understood the verse.

KYY , warren baffet and many other also dare not belittle this simple yet most useful concept in investment

you keep on requesting for my insight.

have I not shared with you?

problem you are too preoccupied with you own imagination and left no room for others

you believe the unknown is real, fear to to act on the known


what is your known?

you said:

"Matrix is fundamentally good and cheap right now with among the highest dividend yield for prop counters. Also this year they should deliver the best ever profit in history since listing."

what is your unknown?

you said:

1 "But for sales in the next few quarters, which will affect Q4 2016 & 2017 profit, can you share your insights on whether they can do as much sales? "

2.Also don't forget matrix's strong profit this year had a large chunk contributed by the high margin industrial land sales when our economy and political landscape still looked stable to international companies, do you still think they will be so keen to invest hundreds of millions in Malaysia to set up new factory for this year and next year? :-)

have I answered your question?

Is it not the HOLY VERSE I shared here have broadened your horizon?

MAN CALCULATION CAN NEVER OVERMASTER GOD WILL

Posted by ggg123 > 2015-08-15 00:01 | Report Abuse

Oh my. Now we bring in Christianity? You're saying God has willed for Matrix's price to perform well? How about God gave us brains to analyse the prevailing market conditions? That is what I have raised, about sales outlook amidst ongoing foreign investor flight and major slowdown in consumer spending sentiment that has affected other industries - both are real facts - what is so imaginary about this?

Posted by xuewen > 2015-08-15 00:03 | Report Abuse

you still have not understood the verse.

Posted by xuewen > 2015-08-15 00:04 | Report Abuse

Posted by xuewen > Aug 14, 2015 09:40 PM | Report Abuse X

Food of thought,

Ecclesiastes 11:4

Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest.

Posted by xuewen > 2015-08-15 00:06 | Report Abuse

you still can not see vividly what is your imagination, what is real.

Posted by xuewen > 2015-08-15 00:09 | Report Abuse

try to explain to me

what massage I wish to share with you

with this verse

do not focus on to win me in the discussion but to find out how this verse can help us invest successfully


ok

good night

Posted by ggg123 > 2015-08-15 00:12 | Report Abuse

Regarding the known part that you highlighted, it is already priced in for this year - everyone knows Matrix is going to have a best year in profit. Also, all the IB's TP include a lot of profit generated from industrial sales over next three years. This is assuming foreign investors are still interested. If MYR continue to slide further and make the headline news of Bloomberg everyday, do you think they would pump in millions any time soon to buy industrial land & build a factory here? This lends weight to my viewpoint of - wait for stability before re-entering - won't be too late - if the situation is fine the foreign funds that see Matrix's track record will start pouring in again, and that will be after you have made your re-entry.

Posted by Liau San > 2015-08-15 00:35 | Report Abuse

ggg123 i 100% agree with your point of view !

Posted by pisanggoreng > 2015-08-15 07:57 | Report Abuse

You are not seeking his insight, you are seeking a consensus
You can't even understand what people wants to tell you,
how can you forecast the psychology of foreign investors

Posted by ggg123 > 2015-08-15 09:58 | Report Abuse

Seeking insight is best done when thoughts regarding objective matters are put up for critique and discussion. Why is this turning into an investing principles 101 class? I've shared some concerns. Now it's others' turn to add on to or debunk my views.

Posted by pisanggoreng > 2015-08-15 10:00 | Report Abuse

do you need to seek so much insight if you are confident with you own insight ?

do you need to seek so much insight if others have different insight ?

if you are confident to act why you bother other agree or not agree?

you are forecasting how foreign going to react or behave under a particular environment, is that not psychology?

Posted by ggg123 > 2015-08-15 10:13 | Report Abuse

Then what's the point of a discussion? One man does not know all, that's why organisations work as a team to draw on everyone's experience. Anyway, I just did an 'industry channel check', which imparted that the industrial sales may not be much of a concern, as foreign buyers of land + manufacturing ops would view the situation as favourable due to a few reasons. There, I just debunked my own analysis.

Posted by pisanggoreng > 2015-08-15 10:35 | Report Abuse

remember ,

what we can see has limitation

it is pointless to see beyond what we can see

if you dare not act with confident on what you know and keep waiting for perfection

then is just like the case king Soloman said:

"Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest. "


that is what xuewen want to share with you

Posted by pisanggoreng > 2015-08-15 10:40 | Report Abuse

I remember I had shared the same idea but in a crude language before

" Aug 13, 2015 09:49 AM | Report Abuse

dear friends,

to a value investor there no such term as "cheap" but " reasonable"

if you have no money, whatever " cheap" is "expensive"

remember

1. only poor man (unsuccessful man) waits for low price, rich man ( successful man) no patience

2. do not ask "how cheap can buy" but "what is the reasonable price to buy"

Posted by pisanggoreng > 2015-08-15 11:18 | Report Abuse

ggg123,

thanks for the 'industry channel check'

Posted by leeheng > 2015-08-17 23:16 | Report Abuse

KUALA LUMPUR: Matrix Reservoir Sdn Bhd will further invest RM200mil over the next three years in the development of the Tok Bali oil and gas supply base and industrial cluster, said chairman Tengku Datuk Mohamad Rizam. He said the Tok Bali supply base would create 350 jobs and it was expected to have many multiplier effects on the industry as well as other jobs related to oil and gas. “The Tok Bali Oil and Gas Supply Base, which is the third supply base licensed by Petronas in Malaysia, has completed its phase one development and is in full operational stage now. “The all-weather 500m wharf that provides berthing for five vessels has been in active utilisation,” he said in a statement yesterday. The company is currently undertaking work for the phase two development to cater to the needs of the other oil and gas companies and service providers who will be undertaking their operations from the Tok Bali supply base for the development and continued long-term drilling campaign in the northern offshore Peninsular Malaysia area, chief executive officer Haida Shenny Hazri said. Last week, the company entered into a memorandum of understanding with the East Coast Economic Region Development Council on collaboration in the further development of the Tok Bali oil and gas supply base and industrial cluster. – Bernama http://www.thestar.com.my/Busine ... -phase-2/?style=biz

Posted by jasonor > 2015-08-18 00:33 | Report Abuse

u sure Matrix Reservoir Sdn Bhd is under Matrix?????

Posted by azman > 2015-08-18 05:54 | Report Abuse

Not related la