Posted by stockraider > 2019-01-31 14:09 | Report Abuse

Remember the Margin of safety value investment is not driven by the folly of mkt timing , but actually driven by by fundamental of the stock mispricing and undervaluation where u buy to take of Mr market advantage loh....!!

The advantages of Margin of safety, u never hold overvalue stock loh.!!

Posted by 3iii > Jan 31, 2019 01:07 PM | Report Abuse

The Folly of Market Timing

Summary of the Advantages and Disadvantages of the Buy and Hold Strategy.


Advantages:
Don't have to worry about the market.
Don't have to worry about the economy.
Don't have to pay attention to short term fluctuations.
Easy to manage portfolio.
Ideally, don't have to sell at all.
Notable success stories and history.


Disadvantages:
Doesn't protect against bear markets and corrections.
Stocks should be extensively researched and carefully chosen.
Long term strategy.
No quick short term profits.

Posted by 3iii > 2019-01-31 14:39 | Report Abuse

>>>>

Posted by stockraider > Jan 31, 2019 02:09 PM | Report Abuse

The advantages of Margin of safety, u never hold overvalue stock loh.!!
>>>>




Poor raider.

He never know the joy of owning a 10 or 20 or 40 multibaggars.

He sold his stocks whenever they are overvalued!

He is a poor learner.

Despite been shown by 3iii for the last 10 years that he was wrong, his habit is too heavily chained for him to break lose and change.

Accordingly, his rewards will be speculative returns. He will not fathom the tremendous power of a growing portfolio at the end of a long compounding period.

Posted by stockraider > 2019-01-31 15:30 | Report Abuse

Remember to learn the right thing...!!
Remember to do the right thing ....!!

OVERVALUE MEANS DANGER..!!
OVERVALUE MEANS BAD MAH...!!

Posted by 3iii > 2019-01-31 16:35 | Report Abuse

https://myinvestingnotes.blogspot.com/2019/01/advantages-of-long-term-investing-into.html
Advantages of Long Term Investing into Growth Stocks


Offensive portfolio management deals with grossly overvalued situations and is less urgent to pursue. Here your focus is to capture excess profit when a stock temporarily becomes overvalued by REPLACING it with another stock of equal or grater quality and greater return potential.

Missing an offensive portfolio management problem only results in a *little lost extra profit*. You'll still own a quality stock.

Posted by stockraider > 2019-01-31 16:46 | Report Abuse

Why raider says longterm investment with PE 50x cannot work leh ??

The folly of buying overvalue growth stock when there is no margin of safety loh...!!

1. With PE 50x....achieving 15% pa return is quite difficult loh, in fact there a high risk of negative return mah...!!
2. 80% success again not likely loh...!! If it is PE 15x with growth, then 80% success rate could be possible but not when PE 50x loh..!!
3. Simple procedure ....yes it is very simple to lose monies if buy overvalue stock mah...!!
4. Carefree maintenance...not true loh....in fact u should worry mah...when your stock is overvalue ...like in case of Padini it crash more than 50% within a few wks loh...!!


Growth investor claim advantage, yes provided u buy at undervalue or fair price n not overvalue like PE 50x loh...!!

Advantages of Long Term Investing into Growth Stocks

80% Success with Stock Selection
15% Annual Portfolio Return
Simple Procedures
Carefree Portfolio Maintenance

Posted by 3iii > 2019-01-31 17:31 | Report Abuse

Price
25.0000 (2018)
20.7800
19.7200
18.5200
18.3000
19.4000
16.2800
13.3800
13.0200
11.3000
8.8500 (2008)



P/NAPS
2.44 (2018)
2.15
2.23
2.29
2.52
3.33
3.16
2.98
3.50
3.54
3.11 (2008)



At one time, PBB was the most expensive bank.

Valuation of banks is using P/B. P/B > 2 means overvaluation.

In 2009 and 2010, the P/B values were 3.54 and 3.50 respectively.

Should you have sold then at 11.30 or 13.02 in 2009 and 2010, hoping to buy back later, you would be disappointed. You would have to buy at highee prices later.

Posted by stockraider > 2019-01-31 17:33 | Report Abuse

Pbank if u benchmark against other bluechips is not overvalue mah..!!

Thus not a good comparison loh...!!

Posted by 3iii > Jan 31, 2019 05:31 PM | Report Abuse

Price
25.0000 (2018)
20.7800
19.7200
18.5200
18.3000
19.4000
16.2800
13.3800
13.0200
11.3000
8.8500 (2008)



P/NAPS
2.44 (2018)
2.15
2.23
2.29
2.52
3.33
3.16
2.98
3.50
3.54
3.11 (2008)



At one time, PBB was the most expensive bank.

Valuation of banks is using P/B. P/B > 2 means overvaluation.

In 2009 and 2010, the P/B values were 3.54 and 3.50 respectively.

Should you have sold then at 11.30 or 13.02 in 2009 and 2010, hoping to buy back later, you would be disappointed. You would have to buy at highee prices later.

Posted by 3iii > 2019-01-31 17:59 | Report Abuse

Price
64.2800 (2018)
62.0000
55.5600
47.7600
42.4000
47.1400
46.4400 (2012)
23.4000
17.5400
11.6200
9.0000 (2008)


EPS
187.7 (2018)
183.90
232.90
220.30
171.60
216.00
192.80 (2012)
168.88
99.82
94.38
66.64 (2008)


P/EPS
34.25 (2018)
33.71
23.85
21.68
24.70
21.82
24.09 (2012)
13.86
17.57
12.31
13.51 (2008)


This is DLady.

I called DLady when it was trading at $14 and PE of 14.

In 2012, its share price shot up due to double whammy of its increased EPS and expanding PE.

Should you sell because its PE had increased by > 50% from its usual PE of < 15.

If you have sold in 2012, presumably you would wish to buy it back at lower prices. Well, it turned out to be impossible. You can only buy it back at higher prices.

Why has DLady PE gone up instead of down in 2017 and 2018 despite lower earnings in those years?

Posted by 3iii > 2019-01-31 18:01 | Report Abuse

Answer: you should not use PE in isolation to value a stock.

Posted by 3iii > 2019-01-31 18:21 |

Post removed.Why?

Posted by 3iii > 2019-01-31 18:37 | Report Abuse

Revenue
29,162,274 (2018)
26,737,860
21,534,558
25,171,210
32,340,998 (2014)
32,341,922
29,514,963
22,267,793
23,267,648
20,687,042
24,367,622 (2008)


NP Margin
3.75 % (2018)
5.78 %
4.40 %
3.16 %
1.57 % (2014)
2.53 %
2.86 %
2.96 %
3.76 %
3.66 %
2.39 % (2008)


EPS
108.89 (2018)
155.00
95.10
79.50
50.50 (2014)
81.70
84.20
65.88
87.55
75.79
58.25 (2008)



Price
26.2600 (2018)
24.2600
23.8000
24.8600
17.1200 (2014)
31.4400
23.5000
17.8000
16.5000
9.0500
7.9000 (2008)



This is Petdag

I have deliberately not posted its PE.

Its revenues were dependent on the selling prices prevailing.

Posted by stockraider > 2019-01-31 18:38 | Report Abuse

Thats why raider says b4...if u want to buy based on fair value for growth co...Pe max 16x not 50x mah...!!

If u enter Dlady 2010 and 2011 at Pe 13 to 17x is the best mah...!!

Not simply go & overpay mah....!!

Posted by 3iii > Jan 31, 2019 05:59 PM | Report Abuse

Price
64.2800 (2018)
62.0000
55.5600
47.7600
42.4000
47.1400
46.4400 (2012)
23.4000
17.5400
11.6200
9.0000 (2008)


EPS
187.7 (2018)
183.90
232.90
220.30
171.60
216.00
192.80 (2012)
168.88
99.82
94.38
66.64 (2008)


P/EPS
34.25 (2018)
33.71
23.85
21.68
24.70
21.82
24.09 (2012)
13.86
17.57
12.31
13.51 (2008)


This is DLady.

I called DLady when it was trading at $14 and PE of 14.

In 2012, its share price shot up due to double whammy of its increased EPS and expanding PE.

Should you sell because its PE had increased by > 50% from its usual PE of < 15.

If you have sold in 2012, presumably you would wish to buy it back at lower prices. Well, it turned out to be impossible. You can only buy it back at higher prices.

Why has DLady PE gone up instead of down in 2017 and 2018 despite lower earnings in those years?

Posted by stockraider > 2019-01-31 18:50 | Report Abuse

But look at Dlady assuming u enter in 2011 at Rm 23.40 Pe 14x and today rm 62.00 about 3 baggers over 8 yrs...your performance may not even beat margin of safety penny stock like insas bought at Rm 0.42 in 2011 and sold over rm 1.10 in 2014, also close to 3 baggers over 3 to 4 yrs period mah..!!

No doubt Dlady has higher div over this period, but Insas being able to realized its potential gain much earlier at least than half the time of dlady , is able to continue to reinvest in other margin of safety stock mah...!!!

All in all, investors in insas is not less superior compare with Dlady loh...!!

Posted by 3iii > 2019-01-31 18:54 |

Post removed.Why?

Posted by stockraider > 2019-01-31 19:38 | Report Abuse

Good question loh ??

Lets compare to hengyuan & dutch lady scenario loh...!!

Why raider call for a buy on hengyuan Rm 15.00 and say tp Rm 45.00 but lari kuat kuat at rm 13.00 when earnings disappoint leh ??

1. Hengyuan gain is tremendous from Rm 3.00 to Rm 19.00 in a period of less than 1 yr mah....this mean dlady gain over 10 yrs & hengyuan can do it 1 yr mah...!!

2. Hengyuan Pe was 6x when its share price was Rm 15.00 on top of that hengyuan earnings growth was above 200% loh...!! Raider expect the earnings can sustained...but when earnings disappointment come in, with the new figure raider recalculate and the projected earnings no good so raider lari kuat kuat loh...!!

3. Why this scenario is not applicable to dlady in 2014, with a sell like what 3iii says...u still can hold on n later...like what 3iii says and still make monies leh ??
People need to realize Dlady got a better higher rating bcos of its consistency in earnings and a higher dividend payout and rate track record compare to hengyuan mah .

For raider there is 2 approach in respect of dlady loh;

a} If the PE is high say above 30x ,Usually raider will lari kuat kuat and buy back later when things looks better and calm, anyhow during the earnings disappointment there is too much positive expectation built in b4 result release, thus it is ok to sell and there should be opportunity to buy back mah...!!

b) If pe is say 15x to 17x...raider do not mind to ride out the storm as the stock has low expectation and the bad result already in a way anticipated by the mkt mah...!!

For raider the correct approach is to cut & sell dlady at say Rm 25.00 and buy back say at around Rm 20.00 ....after things has settle & improve loh...!!

But if u only know how to drive a car forward like 3iii and do not know how to brake and reverse, then it is better u not to sell to take advantage of short term opportunity loh...!!

I think the Dlady scenario also got repeated in F&N too, when F&N lost its coca cola franchise loh...!!

Posted by 3iii > 2019-01-31 19:38 | Report Abuse

Revenue
1,678,790 (2018)
1,570,902
1,301,193
977,904
866,258
789,765
726,112
558,561
522,949
477,059 (2009)


PBT
239,650 (2018)
213,213
186,665
111,835
125,719
117,605
129,689
104,632
86,280
67,610 (2009)





Div
75,659 (2018)
75,659
75,667
65,810
75,649
52,632
39,470
26,326
5,921
18,420 (2009)


EPS (adjusted)
27.09 (2018)
23.92
20.88
12.19
13.82
12.97
14.48
11.44
9.27
7.53 (2009)


P/EPS
22.03 (2018)
14.71
11.35
10.91
14.25
14.57
12.70
9.27
1.64
1.28 (2009)


Price (adjusted)
6.0400 (2018)
4.2300
2.6300
1.3500
1.8900
1.6600
2.3300
0.8900
0.8200
0.5400 (2009)


PADINI Financial Information
Market Capital (RM): 2.441b
Number of Share: 657.91m
EPS (cent): 25.08 *
P/E Ratio: 14.79
ROE (%): 25.08
Dividend (cent): 11.500 ^
Dividend Yield (%): 3.10
Dividend Policy (%): 0
NTA (RM): 1.000
Par Value (RM): 0.100

Price 3.71

This is Padini.

When Padini share dropped from 6.00 to 3.71, guess who appeared?

Yes, out of the blue, from no where, Stockraider shouted he told you so. Padini was overpriced.

Posted by stockraider > 2019-01-31 19:41 | Report Abuse

For Padini Pls check the dlady scenario already explain how to handle mah..!!


SUPERIMPOSE PADINI SCENARIO TO DLADY LOH...!!

For raider there is 2 approach in respect of dlady loh;

a} If the PE is high say above 30x ,Usually raider will lari kuat kuat and buy back later when things looks better and calm, anyhow during the earnings disappointment there is too much positive expectation built in b4 result release, thus it is ok to sell and there should be opportunity to buy back mah...!!

b) If pe is say 15x to 17x...raider do not mind to ride out the storm as the stock has low expectation and the bad result already in a way anticipated by the mkt mah...!!

For raider the correct approach is to cut & sell dlady at say Rm 25.00 and buy back say at around Rm 20.00 ....after things has settle & improve loh...!!

But if u only know how to drive a car forward like 3iii and do not know how to brake and reverse, then it is better u not to sell to take advantage of short term opportunity loh...!!

I think the Dlady scenario also got repeated in F&N too, when F&N lost its coca cola franchise loh...!!

Posted by 3iii > 2019-01-31 20:07 | Report Abuse

Why did the share price of Padini drop recently from $6 to $3.71?
Basically, it announced a very poor Q1, 19 results.

The PBT dropped to 26.624 million and its PBT margin shrunk from double digits to 8.07%.

Should you be worried?

How do you protect your investment?

How can you profit from this drop in its share price?

[Be reminded, when Uniqlo and H&M first appeared on the local scene, Padini's price also dropped by about 50% from $2 to 1.30. It remained low for about 2 years and then eventually rose all the way to $6.00, until the recent drop in its share price due to announcement of poor earnings.]

Is its fundamentals damaged? Permanently?

Or is this a temporary lull? Look for your reasons.


Of course, smart raider came out soon after the drop and taunt the shareholders of Padini to show how smart he has been!


Can you see him jumping from DLady, to Nestle, then to Petdag and now to Padini? Is he not embarrassing himself for being so wrong so often, though occasionally, the prices did align to his view, though temporarily but not for long?



Qtr Revenue
Q1, 19 329,787
Q4, 18 477,911
Q3, 18 425,269
Q2, 18 460,434
Q1, 18 315,175
Q4, 17 460,485
Q3, 17 373,737
Q2, 17 426,647
Q1, 17 310,033


Qtr PBT ('000) PBTMargin
Q1, 19 26,624 8.07%
Q4, 18 80,724 16.89%
Q3, 18 50,041 11.77%
Q2, 18 66,974 14.55%
Q1, 18 41,909 13.30%
Q4, 17 54,433 11.82%
Q3, 17 46,401 12.42%
Q2, 17 72,740 17.05%
Q1, 17 39,639 12.79%



Qtr EPS (sen)
Q1, 19 2.73
Q4, 18 8.71
Q3, 18 6.05
Q2, 18 7.6
Q1, 18 4.75
Q4, 17 6
Q3, 17 5.29
Q2, 17 8.28
Q1, 17 4.35

Posted by stockraider > 2019-01-31 20:10 | Report Abuse

u protect urself by running....the 1st sign of trouble...as above rm 6.00 padini is overvalue mah....!!

Posted by stockraider > 2019-01-31 20:18 | Report Abuse

Raider already explain my approach to growth investment & margin of safety investment mah...!!

They are many way to make monies, so pls be abit open minded loh..!!

Raider don expect u follow my way mah...!!
But pls be open minded that other approach is also applicable mah..!!

They will be No arguement at all, if u don simply attack raider with bad faith for being different from u loh...!!

Raider jump on it, like what u have being doing on margin of safety stock mah...!! It is a case study why raider want to miss the opportunity leh ?? U also do the same on raider's stock mah...!!

3iii UNSPORTING COMMENT BELOW LOH:

"Of course, smart raider came out soon after the drop and taunt the shareholders of Padini to show how smart he has been!
Can you see him jumping from DLady, to Nestle, then to Petdag and now to Padini? Is he not embarrassing himself for being so wrong so often, though occasionally, the prices did align to his view, though temporarily but not for long? +

Posted by 3iii > 2019-01-31 21:27 | Report Abuse

>>>stockraider
3iii UNSPORTING COMMENT BELOW LOH:

"Of course, smart raider came out soon after the drop and taunt the shareholders of Padini to show how smart he has been!
Can you see him jumping from DLady, to Nestle, then to Petdag and now to Padini? Is he not embarrassing himself for being so wrong so often, though occasionally, the prices did align to his view, though temporarily but not for long? +
31/01/2019 20:18>>>>


This is the mildest compliment I have received from raider in 10 years. Must be the CNY spirit.

Posted by Icon8888 > 2019-01-31 21:31 | Report Abuse

LOL still arguing

Posted by 3iii > 2019-01-31 21:39 |

Post removed.Why?

Posted by 3iii > 2019-01-31 22:01 | Report Abuse

Revenue
4,109,859 (2018)
4,101,374
4,167,567
4,060,239
3,818,802
3,508,225
3,171,923
3,915,431
3,637,726
3,271,163 (2009)



PBT
422,729 (2018)
353,713
442,937
333,829
315,469
307,765
230,208
463,656
388,982
279,847 (2009)


NP Margin
9.37 % (2018)
7.88 %
9.25 %
6.90 %
6.79 %
7.40 %
8.64 %
9.79 %
19.08 %
7.43 % (2009)


ROE
16.66 % (2018)
15.18 %
19.39 %
14.94 %
15.37 %
15.79 %
17.73 %
24.69 %
38.79 %
17.36 % (2009)



EPS
105.01 (2018)
88.17
105.08
76.37
70.74
70.75
74.72
104.47
189.58
61.19 (2009)

DPS
57.45 (2018)
57.40
57.38
57.40
54.80
59.47
57.10
94.79
159.85
40.55 (2009)


Price
37.7200 (2018)
24.6600
24.0600
18.3000
16.9800
18.6000
18.2000
16.5000
14.4600
10.3200 (2009)


P/EPS
35.89 (2018)
27.92
22.85
23.92
23.92
26.06
23.98
15.43
7.41
16.38 (2009)





F&N

Future growth mainly from Thailand and Indo-China.

Posted by 3iii > 2019-01-31 22:16 | Report Abuse

F&N benefitted from favourable input costs mainly for sugar, palm oil and dairy-based commodity and announced increased earnings for last quarter.

We can expect DLady and Nestle to benefit similarly from lower input costs of similar commodities.

In fact DLady has risen in price recently.

Posted by i3lurker > 2019-01-31 22:21 |

Post removed.Why?

Posted by (S = Qr) Philip > 2019-01-31 22:25 | Report Abuse

How do I get this guy to stop? It's like he has a crystal ball can catch every single uptrend downtrend sell before danger "Will Robinson" trend?

If his every move is perfect maybe I should just sell all my shares and pay him for his subscription in exact date and time to sell or buy a stock.

If really can predict buy INSAS at 0.42 and sell exactly at 1.10 then I feel very embarrassed for myself, I don't know how to even begin to learn how to crystal ball my way out

Sometimes I really wonder am I missing something. I really want to know, how to buy at bottom and sell at the top, I want to LEARN!

Can someone teach me how to do this? Buy at 3, sell at 19 when you can calculate to up to 45, then sell at 13 when you know the quarterly earnings is not out yet, but figures still show earnings projection at 45…
Hengyuan gain is tremendous from Rm 3.00 to Rm 19.00 in a period of less than 1 yr mah..

Or even this?
insas bought at Rm 0.42 in 2011 and sold over rm 1.10 in 2014,
How could anyone predict this exactly? I looked through the earnings and revenues and growth triggers and fundamental, technical and business sense indicators. Nothing in those makes any sense.
Right after his stock plummeted in December 2014, it was due to record revenues of INSAS at 100 million and poor earnings of 9 million. For that the stock was punished immediately to from 1.25 to 1.1. but the very next quarter they again had record revenues and earnings. Why then did the stock crash to 0.82. how do you even predict this.

If prediction was even possible, then the question is to learn. How on earth do you know?

INSAS to buy at 0.67.... nta at 2.54. the intrinsic value to sell at what price? How does it work? Do you only sell when it reaches 2.54? Or do we sell when we make double the profit at 1.34? Or do we still look at earnings growth, if suddenly growth goes nuclear, do we say the intrinsic value becomes 45, can continue to hold? If the stock keeps oscillating beyond our expectations, how do we invest without a crystal ball? Isn't this a miracle investment?

Posted by (S = Qr) Philip > 2019-01-31 22:30 | Report Abuse

It's really too difficult for me this kind of investing. Maybe I'm just to dumb for active investing.

Isn't it more plausible that 3ii and I just found a stock that has the criteria I was looking for when I first bought it ( revenue, earnings increasing or stabilizing quarter after quarter, year after year) good management in increasing roe and debt without heavy rights issue and loans, new business expansion plans yearly,increasing dividend amount yearly, no nasty surprises quarterly losses etc.

I can't predict the future, but each quarter the business just chugs along criteria hit same as when I first bought the stock, so I just keep following and buying the same stock.

Imagine if I could predict the future, if I could buy the dips and sell on the rise of the stock wouldn't I be able to earn even more?

But that is a foolish fallacy. I don't know if it can be done, or how I would even go about doing such a thing.

How do you know how to buy the dips and sell the peaks if you knew INSAS was undervalued at 0.67 and fairly valued at 2.54.

Can someone tell me? How long do I wait for the stock to reach 2.54? Will raider keep it and sell at 2.54?

Posted by 3iii > 2019-01-31 23:01 |

Post removed.Why?

Posted by 3iii > 2019-01-31 23:04 | Report Abuse

>>>
Posted by (S = Qr) Philip > Jan 31, 2019 10:30 PM | Report Abuse

It's really too difficult for me this kind of investing. Maybe I'm just to dumb for active investing.
>>>


Don't be fooled by raider.

He lied in past.

Take his claims with a large pinch of salt.

Hardly transparent, unlike you or 3 iii.

Just like Calvin, suddenly claimed they sold at the high after having bought at the low.

Posted by 3iii > 2019-01-31 23:17 | Report Abuse

Do you want to know what makes the difference between a great investor and a mediocre one?

Try to answer this question as honestly as possible.

What have you discovered so far from your interactions, observations or your readings?

Posted by 3iii > 2019-01-31 23:22 | Report Abuse

Independent thought is vital.

You must be able to determine the value and durable earning power of the business that interests you.

This will help you profit from the underlying business fundamentals rather than market folly.

Focus on the fundamentals of the business, not movement in usually irrational stock price behaviour.

Posted by 3iii > 2019-01-31 23:26 | Report Abuse

The stock market is a product of human action. Human action can be highly irrational, fearful and greedy AT TIMES.

The market is only there to serve you, not guide you.

Posted by i3lurker > 2019-01-31 23:26 | Report Abuse

https://www.mindbodygreen.com/0-8646/the-dangers-of-dairy.html

https://drhyman.com/blog/2010/06/24/dairy-6-reasons-you-should-avoid-it-at-all-costs-2/

the developed countries specialists dun think dairy is healthy

Posted by i3lurker > 2019-01-31 23:29 | Report Abuse

A great investor does NOT take dairy products but buys Dutch Lady shares

A great investor spits on sugar and F&N products but buys F&N shares

A great investor spits on Maggi Mee and nestle products like nescafe but buys Nestle shares

Posted by stockraider > 2019-01-31 23:32 |

Post removed.Why?

Posted by i3lurker > 2019-01-31 23:39 | Report Abuse

During the Middle Ages, anyone different from you MUST BE KILLED.

so there, it's nothing personal.

JUST KILLINGS!!!

////They will be No arguement at all, if u don simply attack raider with bad faith for being different from u loh...!!///

Posted by 3iii > 2019-01-31 23:40 |

Post removed.Why?

Posted by stockraider > 2019-01-31 23:41 | Report Abuse

You mean 3iii so babaric meh ??

He seems to talk like a gentleman.

Posted by i3lurker > Jan 31, 2019 11:39 PM | Report Abuse

During the Middle Ages, anyone different from you MUST BE KILLED.

so there, it's nothing personal.

JUST KILLINGS!!!

////They will be No arguement at all, if u don simply attack raider with bad faith for being different from u loh...!!///

Posted by stockraider > 2019-01-31 23:49 | Report Abuse

Thats why i say this 3iii talk so many cock loh...!!

It is obvious if u hold on or buy an overvalue stock like having PE 50x...the result u get is under performance mah...!!

This is not new, in fact buffet already explain mah....!!

Thats why longterm growth investor who buy hold, may sometime lose to MOS stock pick mah...!!

Bcos MOS approach do not believe in holding onto overvalue stock mah..!!

Posted by 3iii > Jan 31, 2019 11:40 PM | Report Abuse

Buffett has consistently explained that most investors make a major mistake in their investment syrategy.

This mistake is that they put the emphasis on what they can know but not enough on whether it is or is not important.

Is it important and knowable?

Only pay attention to things that are IMPORTANT and KNOWABLE.

Posted by 3iii > 2019-01-31 23:49 |

Post removed.Why?

Posted by stockraider > 2019-01-31 23:51 |

Post removed.Why?

Posted by qqq3 > 2019-01-31 23:54 | Report Abuse

raid.. u are irritating and repetitive.

Posted by qqq3 > 2019-01-31 23:57 | Report Abuse

long term investors do not need fake competitions...their horizon is a life time.....

Posted by stockraider > 2019-01-31 23:57 | Report Abuse

Fuck u lah...qqq ...!!

Why busybody here leh ??

go to sleep lah...!!

Posted by qqq3 > Jan 31, 2019 11:54 PM | Report Abuse

raid.. u are irritating and repetitive.

Posted by qqq3 > 2019-01-31 23:59 | Report Abuse

Insas from 70 sen to 75 sen is not called margin of safety....it is called random movements....and trading.

Posted by stockraider > 2019-02-01 00:01 | Report Abuse

Insas already sapu ur boss ql mah...!!

Posted by qqq3 > Jan 31, 2019 11:59 PM | Report Abuse

Insas from 70 sen to 75 sen is not called margin of safety....it is called random movements....and trading.

Posted by stockraider > 2019-02-01 00:02 |

Post removed.Why?

Posted by qqq3 > 2019-02-01 00:03 | Report Abuse

u can trade the jiggling movements and Brownian motions if u so wish.....just don't call it margin of safety.

Posted by qqq3 > 2019-02-01 00:04 | Report Abuse

u can trade the jiggling movements and Brownian motions if u so wish...Insas from 70 to 75..just don't call it margin of safety.