Posted by newbie4444 > 2018-10-04 17:54 | Report Abuse

Why 3iii never talk abt Airasia?

Posted by qqq3 > 2018-10-04 17:57 | Report Abuse

air assia faced with twins of high oil price, high US$ ...how?

Posted by EngineeringProfit > 2018-10-04 17:58 | Report Abuse

Excellent thoughts

Posted by qqq3 > 2018-10-04 17:58 | Report Abuse

Posted by EngineeringProfit > Oct 4, 2018 05:50 PM | Report Abuse

Which of your three rules that work best in KLSE....

a) during bull market ?

b) during bear market ?

c) both ?
========================


in theory, high quality companies work best under any scenario.

Posted by EngineeringProfit > 2018-10-04 18:04 | Report Abuse

How do you rate AirAsia in term of its quality?

a) low

b) average

c) high

d) exemplary

Posted by newbie4444 > 2018-10-04 18:07 | Report Abuse

Why AA not fit company grow revenue and earnings?

My Golden Rule of Investing: Companies that grow revenues and earnings will see share prices grow over time.

Posted by qqq3 > 2018-10-04 18:22 | Report Abuse

AA is exemplanary company but bad luck for now.

Posted by EngineeringProfit > 2018-10-04 18:23 | Report Abuse

Thank you for your comment. EXCELLENT

Posted by ahbah > 2018-10-04 20:01 | Report Abuse

Maybe good luck for investors who keep on buying AA now ?

Posted by 3iii > 2018-10-05 07:29 |

Post removed.Why?

Posted by 3iii > 2018-10-05 07:48 | Report Abuse

Air Asia

Performance Info
ROE - 5 Yr Avg 13.18
ROE - Latest FY 20.24
PX Growth Rate - 5 Yr Avg (%) 6.82
DPS Growth Rate - 5 Yr Avg (%) 19.14
EPS Growth Rate - 5 Yr Avg (%) 26.66
Latest YR D/E 1.16
NAB/Share (RM) 2.41
Latest PX / NAB 1.27
Liquid Asset / Share (RM) 0.56
Altman's Z-Score 1.60
CF/Share (Sen) 84.08
EV/EBITDA 4.79


I avoid airlines. Difficult business to manage.

Posted by EngineeringProfit > 2018-10-05 07:51 | Report Abuse

Do you expect AA to give fat dividend any time soon?

Posted by 3iii > 2018-10-05 07:53 | Report Abuse

SOME THOUGHTS ON ANALYSING STOCKS (KISS)

Ideally a stock you plan to purchase should have all of the following charateristics:

• A rising trend of earnings dividends and book value per share.
• A balance sheet with less debt than other companies in its particular industry.
• A P/E ratio no higher than average.
• A dividend yield that suits your particular needs.
• A below-average dividend pay-out ratio.
• A history of earnings and dividends not pockmarked by erratic ups and downs.
• Companies whose ROE is 15 or better.
• A ratio of price to cash flow (P/CF) that is not too high when compared to other stocks in the same industry.

Posted by 3iii > 2018-10-05 07:55 |

Post removed.Why?

Posted by 3iii > 2018-10-05 08:02 |

Post removed.Why?

Posted by 3iii > 2018-10-05 08:13 | Report Abuse

https://klse.i3investor.com/blogs/kcchongnz/175060.jsp

Posted by 3iii > 2018-10-05 08:19 | Report Abuse

10. Everyone has the brainpower to make money in stocks. Not everyone has the stomach

Peter Lynch

Posted by 3iii > 2018-10-05 21:28 |

Post removed.Why?

Posted by 3iii > 2018-10-06 16:13 |

Post removed.Why?

Posted by 3iii > 2018-10-08 13:09 | Report Abuse

https://klse.i3investor.com/blogs/cold_eyed_step_by_step/177070.jsp
Cold eye investing advice.

Posted by 3iii > 2018-10-09 11:23 |

Post removed.Why?

Posted by 3iii > 2018-10-12 08:58 |

Post removed.Why?

Posted by joekit > 2018-10-12 09:01 | Report Abuse

big crash again! buy what 3iii? can buy not? usa selling is caused by AI wo.....no heart one! grrr......

Posted by Alex™ > 2018-10-12 09:04 | Report Abuse

Buy Nestle la... What else... PE 168

Posted by hollandking > 2018-10-12 09:27 | Report Abuse

well, at least one thing for sure, wait after budget 2019, since is austerity kind of budget. As for the CGT, not sure if it will be implemented or not. If CGT is implemented on the market, disaster in the making. While I tend to think they won't be CGT for stock market bcoz is really suicidal BUT anything is possible. For those heavy on the market now, take care.

Posted by 3iii > 2018-10-12 19:31 | Report Abuse

Cutting losses
Short term gains
Small selection of stocks
Few eggs in one basket
Watch it closely
Swapping
Churning
Don't let money ride in stock market
Spend more time out than in
Reasoning: you miss out more on "dangerous markets"


How sound are these advice today?
Momentum trading.

Posted by sell > 2018-10-12 19:35 | Report Abuse

Nestle lower and lower. EPF cut loss?

Posted by 3iii > 2018-10-13 10:52 | Report Abuse

NESTLE SHARES

NO OF SHARES DISPOSED AND ACQUIRED BY EPF FOR THESE PERIODS

October (1st to 9th)
Disposed 87,000
Acquired 291,900
Net Acquired 204,900


September (3rd to 28th)
Disposed 225,200
Acquired 818,600
Net Acquired 593,400


August (6th to 30th)
Disposed 207,200
Acquired 682,400
Net Acquired 475,200





TOTAL NO OF SHARES DISPOSED AND ACQUIRED BY EPF
(August 6th to October 9th)
Disposed 519,400
Acquired 1,792,900
Net Acquired 1,273,500




EPF has been a net buyer of Nestle shares from August to today.
How much money has EPF invested into EPF over this period?

Posted by 3iii > 2018-10-13 11:00 | Report Abuse

EPF has been a net buyer of Nestle shares from August to today.
How much money has EPF invested into EPF over this period?


EPF is investing your money for your old age. Their investment horizon is long term. Their investment objectives are probably modest: protection of your capital, and promise of a satisfactory return (more than inflation).

However, Nestle has delivered more than the average market returns over the last 20 years.

Posted by stockraider > 2018-10-13 11:01 | Report Abuse

This dishonest 3iii is manipulating the readers loh....just check the end of the year v current latest holding, ask yourself EPF is holding more or less of NESTLE leh ???

The answer is less loh....so simple mah....that means EPF is disposing loh...!!

Posted by 3iii > Oct 13, 2018 10:52 AM | Report Abuse

NESTLE SHARES

NO OF SHARES DISPOSED AND ACQUIRED BY EPF FOR THESE PERIODS

October (1st to 9th)
Disposed 87,000
Acquired 291,900
Net Acquired 204,900


September (3rd to 28th)
Disposed 225,200
Acquired 818,600
Net Acquired 593,400


August (6th to 30th)
Disposed 207,200
Acquired 682,400
Net Acquired 475,200





TOTAL NO OF SHARES DISPOSED AND ACQUIRED BY EPF
(August 6th to October 9th)
Disposed 519,400
Acquired 1,792,900
Net Acquired 1,273,500




EPF has been a net buyer of Nestle shares from August to today.
How much money has EPF invested into EPF over this period?

Posted by stockraider > 2018-10-13 18:09 | Report Abuse

Ok to be fair raider did not go into detail analysis , when making the sweeping comment, that epf net position is disposing which in fact epf has increased by 1.81m units or 10.4% loh...!!

Raider apologise for that loh....but raider is not dishonest loh....in fact raider says & give the mechanism of confirming the epf position loh....!!

But put it this way, pls do not run the risk of extrapolating that epf is going to continue buy more nestle going fwd loh.......!!
EPF has increased the shareholding by 10.4% todate but share price had gone up by roughly 60% loh....!!
My school maths teacher always tell raider always beware of the mathematical imbalance loh....!!

That does not mean epf will not start disposing going fwd mah.....!!
In fact the latest announcement EPF reported on 12 OCT they are selling 6k units, and raider suspect more selling on the way with high valuation of NESTLE with PE above 50x, it is ripe time for epf profit taking loh....!!

So do becareful in chasing such a overvalue stock in the current challenging time loh....!!

Posted by 3iii > 2018-10-14 08:12 |

Post removed.Why?

Posted by 3iii > 2018-10-14 08:25 | Report Abuse

https://klse.i3investor.com/servlets/stk/4707.jsp



http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=...
Annual Report of Nestle 2017 Page 109

31.12.2017
EPF is the 2nd largest shareholder of Nestle with 15,507,400 shares.



http://www.bursamalaysia.com/market/listed-companies/company-announcem...

9.10.2018
EPF has 17,323,200 shares in Nestle.



Thus, for this calendar year to-date, EPF has INCREASED its shareholdings in Nestle from 15,507,400 shares to 17,323,200 shares, which is, an increase of 1,815,800 shares.
13/10/2018 11:26



Interestingly, 1,273,500 of these shares were bought between 6.8.2018 to now.

Posted by stockraider > 2018-10-14 13:16 | Report Abuse

This dishonest 3iii lack of honest thinking loh....!!
Raider already mention and apologise the mistake make but this joker is spiteful and dishonest thus continue to slander raider loh....!!

U need to becareful of such a guy loh.....!!

Posted by stockraider > Oct 13, 2018 06:09 PM | Report Abuse X

Ok to be fair raider did not go into detail analysis , when making the sweeping comment, that epf net position is disposing which in fact epf has increased by 1.81m units or 10.4% loh...!!

Raider apologise for that loh....but raider is not dishonest loh....in fact raider says & give the mechanism of confirming the epf position loh....!!

But put it this way, pls do not run the risk of extrapolating that epf is going to continue buy more nestle going fwd loh.......!!
EPF has increased the shareholding by 10.4% todate but share price had gone up by roughly 60% loh....!!
My school maths teacher always tell raider always beware of the mathematical imbalance loh....!!

That does not mean epf will not start disposing going fwd mah.....!!
In fact the latest announcement EPF reported on 12 OCT they are selling 6k units, and raider suspect more selling on the way with high valuation of NESTLE with PE above 50x, it is ripe time for epf profit taking loh....!!

So do becareful in chasing such a overvalue stock in the current challenging time loh....!!

Posted by 3iii > Oct 14, 2018 08:12 AM | Report Abuse

>>>
stockraider Ok to be fair raider did not go into detail analysis , when making the sweeping comment, that epf net position is disposing which in fact epf has increased by 1.81m units or 10.4% loh...!! <<<<



Just confirmed how dishonest raider is. Lacks integrity.

Posted by qqq3 > 2018-10-14 14:17 | Report Abuse

Posted by 3iii > Oct 12, 2018 07:31 PM | Report Abuse

Cutting losses
Short term gains
Small selection of stocks
Few eggs in one basket
Watch it closely
Swapping
Churning
Don't let money ride in stock market
Spend more time out than in
Reasoning: you miss out more on "dangerous markets"
================================================


its called guerrilla tactic and churning......most of the time, I am in guerrilla warfare. Keeps me happy, keeps me on my toes......makes some, lose some.......very difficult to move ahead...I best I can say is.....I did not lose money ( net) in last 12 months while others around me are losing their pants.......the big money comes from big positions and taking some risks once a while when opportunity comes....say ....once a month.......

Posted by qqq3 > 2018-10-14 14:28 | Report Abuse

momentum play not as easy as it sounds.....lots of false break outs while the occasional true break outs keeps people in this game.

lot of momentum players...that makes the game risky. People are not buying for keeps but are buying for momentum....the moment momentum is gone, everybody quits...and it become a game of who can quit faster.....lol....

big money comes from ambushing a stock.....not from momentum play.....ambushing a stock and buy more and more as long as it works......

Posted by qqq3 > 2018-10-14 14:34 | Report Abuse

definitely a traders market, not an investor market....


still too early to be an investor....

Posted by 3iii > 2018-10-16 08:11 |

Post removed.Why?

Posted by stockraider > 2018-10-16 14:21 | Report Abuse

If u run this check list on nestle...u will find it overvalue loh....!!

Posted by 3iii > Oct 16, 2018 08:11 AM | Report Abuse

Ben Graham Checklist for Finding Undervalued Stocks

In addition to identifying and quantifying important value components, Graham left us with an assortment of general stock selection rules. He created a number of checklists at different times in his career to serve different investment objectives and portfolio strategies. The checklists review different aspects of a company's financial strength, intrinsic value, and the realtionship with price.

Here is a
Ben Graham Checklist for Finding Undervalued Stocks

Criterias

Risk
1. Earnings to price (the inverse of P/E) is double the high-grade corporate bond yield. If the high-grade bond yields 7%, then earnings to price should be 14%.
2. P/E ratio that is 0.4 times the highest average P/E achieved in the last 5 years.
3. Dividend yield is 2/3 the high-grade bond yield.
4. Stock price of 2/3 the tangible book value per share.
5. Stock price of 2/3 the net current asset value.

Financial strength
6. Total debt is lower than tangible book value.
7. Current ratio (current assets/current liabilities) is greater than 2.
8. Total debt is no more than liquidation value.

Earnings stability
9. Earnings have doubled in most recent 10 years.
10. Earnings have declined no more than 5% in 2 of the past 10 years.


If a stock meets 7 of the 10 criteria, it is probably a good value, according to Graham.

If you're income oriented, Graham recommended paying special attention to items 1 through 7.

If you're concerned about growth and safety, items 1 through 5 and 9 and 10 are important.

If you're concerned with aggressive growth, ignore item 3, reduce the emphasis on 4 through 6, and weigh 9 and 10 heavily.

Again, these checklists are a guideline and example, not a cookbook recipe you should follow precisely. They are a way of thinking and an example of how you may construct your own value investing system.

The criteria mentioned above are probably more focussed on dividends and safety than even today's value investors choose to be. But today's value investing practice owes an immense debt to this type of financial and investment analysis.

Posted by 3iii > 2018-10-17 06:06 |

Post removed.Why?

Posted by 3iii > 2018-10-17 06:08 | Report Abuse

Graham's Five Strategies
In 1949, Benjamin Graham identified five strategies for common stock investing in "The Intelligent Investor."

1. General trading. The investor predicts and participates in the moves of the market similar to dollar-cost averaging.

2. Selective trading. The investor picks stocks that they expect will do well in the market over the short term; a year, for example.

3. Buying cheap and selling dear. The investor enters the market when prices low and sells stock when the prices are high.

4. Long-pull selection. The investor selects stocks that they expect with grow quicker than other sticks over a period of years.

5. Bargain purchases. The investor selects stocks that are priced below their true value as measured by some techniques.

Graham emphasized that every investor must decide how they want to manage their portfolio. Experienced investors may prefer and be comfortable with a buy low and sell high strategy, whereas investors who have less time to research and follow the market might benefit more from investing in funds that track the market and adopt a long-term view.

There is no right way to manage a portfolio, but investors should behave rationally by using facts and data to back up decisions by attempting to reduce risk and maintain sufficient liquidity.

Posted by 3iii > 2018-10-17 15:41 | Report Abuse

<<<<Graham's Five Strategies

In 1949, Benjamin Graham identified five strategies for common stock investing in "The Intelligent Investor."

1. General trading. The investor predicts and participates in the moves of the market similar to dollar-cost averaging.

2. Selective trading. The investor picks stocks that they expect will do well in the market over the short term; a year, for example.

3. Buying cheap and selling dear. The investor enters the market when prices low and sells stock when the prices are high.

4. Long-pull selection. The investor selects stocks that they expect with grow quicker than other sticks over a period of years.

5. Bargain purchases. The investor selects stocks that are priced below their true value as measured by some techniques. >>>


My focus in investing has been long term greedy. Thus, of the above 5 strategies of Benjamin Graham, I have adopted 3 of them in my investing, namely predominantly strategy no 4 (80% of my portfolio value) and strategies 5 and 3 (20% of my portfolio value).

Strategy 4 is growth investing at reasonable prices. Strategy 5 is the classical deep value investing of Benjamin Graham. Of course, there are times when it was obvious that the market were obviously low and were obviously high. These obvious recognizable periods were not common. They coincided with the extremes of the markets.

Posted by 3iii > 2018-10-19 06:39 | Report Abuse

Speculators, Investors and Market Fluctuations

Speculators versus Investors


Mark Twain mentioned the two times in life when one shouldn't speculate: "when you can't afford it, and when you can!".

Speculators buy in the hopes or assumptions that others will want to buy the same asset (be it a painting, a baseball card, or a stock) later.

Investors buy the cash flow the investment returns to its owner. (As such, a painting can never be an investment by this definition!)



Stock Market Bubbles

Bubbles in the stock market form due to faulty logic that first propels speculators to bid up prices followed by the inevitable bursting which destroys the wealth of many.



What determines whether an investor will make money in the market or not?

The answer is his psychological make-up.

If he does his own stock analysis and views the prices offered by Mr. Market as an opportunity to buy low and sell high, he will do fine.

If Mr. Market's offering prices guide the investor's outlook of what the stock price should be, he should get someone else to manage his money!



Market fluctuations

Most market fluctuations are the result of day-to-day distortions between supply and demand of particular stocks, not of changes in fundamentals.

Investors who take advantage of these distortions by focusing on the fundamentals will be successful.

Those who invest with their emotions are sure to fail in the long-run.

Posted by 3iii > 2018-10-20 08:04 |

Post removed.Why?

Posted by 3iii > 2018-10-20 10:42 | Report Abuse

Do you have superior insight to do better than the market or better than the other players in the market?

Are you a step ahead of others to be better in the market?

Your goal in investing is not to achieve average market return but to be better than that.

Posted by qqq3 > 2018-10-20 10:58 | Report Abuse

I don't see any advantage in B Graham style of investing....even wallen the Bufalo has given up on it thanks to influences from Munger.....Peter Lynch is good, I like his style.

Posted by stockraider > 2018-10-20 11:11 | Report Abuse

Definition of a Stock Bubble


A bubble occurs in a stock when:

1. Implausible assumptions are applied to justify its present price using normal valuation (e.g. DCF) models.

2. There are people buying at these prices ignoring these implausible assumptions.


Based on this defintition, Nestle is a bubble while Pbank and Petdag are not at current prices.

Posted by 3iii > 2018-10-20 15:35 | Report Abuse

People are risk averse, in general.

By this, it means they will prefer to invest in assets with less risk than more.

An important point to note is they may not be aware of all risks, as some risks are hidden.

Posted by 3iii > 2018-10-20 16:05 | Report Abuse

Price behaviour of DLady


Before February 2012 < RM 10 per share

December 2012 > RM 35 per share

December 2012 to November 2015 RM 30 to RM 40 per share (range bound)

November 2015 > $ 40 per share

September 2016 > $60 per share

September 2016 to December 2017 RM 50 to RM 60 per share (range bound)

December 2017 > $ 60 per share

Today RM 63.40


Comments:

DLady saw its share price increased from RM 10 per share before February 2012 to RM 40 per share in November 2015.

Most of the rise in its price occurred between February 2012 (RM 10) to December 2012 (RM 35), a period of 11 months.

From December 2012 to November 2015 (almost 3 long years), its price traded range bound between RM 30 to RM 40 per share.

Its share price crossed above RM 40 in November 2015 and within 10 months, it rose to RM 60 per share in September 2016.

From September 2016 to December 2017, it traded range bound between RM 50 to RM 60.

It crossed above RM 60 in December 2017.



Question:

How can you benefit from investing in DLady for the long term?

Posted by 3iii > 2018-10-20 18:05 |

Post removed.Why?