Posted by 3iii > Sep 6, 2018 07:54 AM | Report Abuse
>>> Posted by smalltimer > Sep 6, 2018 07:47 AM | Report Abuse
Did he analyse himself?<<<<
I am not sure whether KYY engaged advisors in 2014. From his writings he probably selected his own stocks in 2014 list.
U are wrong. Koon started to appoint 3 fund managers (OTB, KC n one more...forgot his name..) in 2014 after i suggested a few time for him to do so (besides hentaming his Rsawit/Mudajaya/Xinquan etc).
He has disappeared from I3 for a couple of few months after his promotions on Jtiasa n Mudajaya...and then came back during End 2014.
Posted by ccc1 > Sep 6, 2018 08:25 AM | Report Abuse
sslee
I will put it as October man rides on client money ..........
octoberman work.....only for adventurers, not for widows.
U better borrow Rm100K from Koon to become OTB's 101 client..Or else yr wife will cry after seeing yr money (less than RM100K) left after u tok tok chiang then...
One thing I must say Koon is probably the luckiest man i have ever seen in stock mkt..Starting from his first venture in HK mkt during 1980+ where he made his first barrel of gold...
And then in 2014/2015 he was lucky to appoint OTB to manage his fund and the legendary Koon Bee system made tonnes of money during the crazy export theme where most of the counters went up a few hundred percents thanks to the bonus issues/ share split/ free wa...
want to super investor? firstly, its about character and habit......like KYY....including persistence, bite it by the teeth, stubbornness, right makes a lot of money, wrong....then another story la......
wrote on this topic many times. its sailang and margin, strong character, killer instinct...you got it or u don't ......
and charity...charity helps.....my wife always reminds me to do more charity.
>>>Posted by CharlesT > Sep 6, 2018 08:37 AM | Report Abuse
Posted by 3iii > Sep 6, 2018 07:54 AM | Report Abuse
>>> Posted by smalltimer > Sep 6, 2018 07:47 AM | Report Abuse
Did he analyse himself?<<<<
I am not sure whether KYY engaged advisors in 2014. From his writings he probably selected his own stocks in 2014 list.
U are wrong. Koon started to appoint 3 fund managers (OTB, KC n one more...forgot his name..) in 2014 after i suggested a few time for him to do so (besides hentaming his Rsawit/Mudajaya/Xinquan etc).
He has disappeared from I3 for a couple of few months after his promotions on Jtiasa n Mudajaya...and then came back during End 2014.>>>
So, we can agree all the above stocks in 2014 were selected by KYY himself before Charles T prodded him to work with some advisors. KC and otb came in after this time.
Dear qqq3/Desa Chan, I am trying to drive a wedge between uncle and you because you are the bad apple/evil/bad influence to uncle. Without you uncle will be a better man. Tq
Posted by Sslee > Sep 6, 2018 09:05 AM | Report Abuse
Dear qqq3/Desa Chan, I am trying to drive a wedge between uncle and you because you are the bad apple/evil/bad influence to uncle. Without you uncle will be a better man. Tq =================
All old man koon has is 2015 one year hit every article gotta mention up how many % and that he was a substantial shareholder (probably after getting inside info of results) and that he's a founder of xyz from a bygone era and living in past glory whats a few hundred % over a few years the real pros havent even talk last year was boom boom pow and all the old man got was hengyuan (which he managed to exit) jaks and eversendai where he overextended no need say lol stop playing in a small square aquarium trying to be the big fish then having to con aunty uncle retailers la old man
Why I disagree with Ooi Teik Bee's buy recommendation for Choo Bee? Koon Yew Yin Author: Koon Yew Yin | Publish date: Thu, 22 Sep 2016, 08:50 AM https://klse.i3investor.com/blogs/koonyewyinblog/104831.jsp [Mentioned Masteel in this post.]
Fundamental123. Successful investors say you buy a business not the share price. Still cant do it after so many years.
Look at TM. It was holding well at 6.00 for some months. Now 3.00. Dare to invest now? No. We will chase it up for 30 to 50 cents profit when its moving up. Why? because we r smarter than investors. Because at this juncture we do not know whether it will move up from 3.00 to 4.00 (which it already did before) or from 2.00 to 3.00 later on. "No movement, no buy".
Also remember some experts are expecting a big market crash worldwide in 1 to 3 yrs. You will not know a crash until you are already caught in one. So quick in n out is safer than long term investing at this tail end of long running bull (since 2009).
However, well documented 90% of people dabbling in stocks lose $$$. But all the 90% thinking one day they will graduate into the 10%. Many crashed n burnt trying. Many gave up after repeated failures. Many still at it, falling into gambler's fallacy trap.
Its the nature of the beast. Unless you hv endless supply of $$$ like epf to allow you to diversify, to have more winners than losers in portfolio n targeting only 15 to 20% returns per year. =======================================
I have been writing these for 2 years in i3.....
everybody bashes me....because I bash kc chong and value investors......lol
Posted by qqq3 > Sep 6, 2018 10:47 PM | Report Abuse Fundamental123. Successful investors say you buy a business not the share price. Still cant do it after so many years.
I have been writing these for 2 years in i3..... everybody bashes me....because I bash kc chong and value investors......lol 2018 I make money...value investors died. Disillusioned with value investing? u should be
You have the kuali to "bash kc chong" in value investing? You have no idea what is value investing, absolutely none. Go back to all those things you wrote about "bash kc chong". And read all my replies. See how you have been making a blody fol of yourself!
You make money in 2018? Wow, I didn't know for the whole of this year, you have been telling people to sailang, margin on Jaks and Sendai when they were trading at RM1.80 and RM1.20, and you still make money?
Have you been doing something illegal?
Tripled your RM100k this year? Working for widows?
sunztzhe, I am not moving away from "Value Growth Investing". I allocate a small portion of my money on KLK, Batu Kawan and PBB. Most of my money is on undervalued growth stocks such as JT, TH Plant, Sarawak Plant, Kulim, Mudajaya, MFCB, and Successful Transformers.
I have nothing to hide and my intention is honourable. As I said during my seminar on 1st June, I sold about 50% of my JT in the last few weeks at Rm 2.70 when there were lots of buyers. There were more sellers than buyers in the last few days. I suspect some people who attended my talk, heard that I sold JT. It does not mean that JT is not good any more. I still have about 20 million JT shares. I will buy back JT when it goes lower.
As I said 'no share can go up or down indefinitely for whatever reason'. I must sell some shares when they go up so that I have money to buy shares when they go down. In this way I can use my margin finance more effectively.<<<
One of the assumptions of the discounted cash flow theory is that people are rational, that nobody would buy a business for more than its future discounted cash flows. Since a stock represents ownership in a company, this assumption applies to the stock market. But why, then, do stocks exhibit such volatile movements? It doesn't make sense for a stock's price to fluctuate so much when the intrinsic value isn't changing by the minute.
The fact is that many people do not view stocks as a representation of discounted cash flows, but as trading vehicles. Who cares what the cash flows are if you can sell the stock to somebody else for more than what you paid for it? Cynics of this approach have labeled it the greater fool theory, since the profit on a trade is not determined by a company's value, but about speculating whether you can sell to some other investor (the fool). On the other hand, a trader would say that investors relying solely on fundamentals are leaving themselves at the mercy of the market instead of observing its trends and tendencies.
This debate demonstrates the general difference between a technical and fundamental investor. A follower of technical analysis is guided not by value, but by the trends in the market often represented in charts. So, which is better: fundamental or technical? The answer is neither. Every strategy has its own merits.
In general, fundamental is thought of as a long-term strategy, while technical is used more for short-term strategies.
The Oracle of Omaha restates the greater fool (note the lower case ‘'f'’!) theory: “the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis.
As "bandwagon" investors join any party, they create their own truth – for a while”.
1. KYY shared his stock selections in this forum. Mudajaya was his earliest in 2014 and Lionind his latest in 2018.
2. He shared his stock selection strategy and his golden rule in liking and buying his shares.
3. He also shared some of his reasons for selling. He sold 50% of JT because he thought it was overvalued at 2.70. He also sold his Hengyuan due to margin call and was grateful because this protected his profits, otherwise he would have not made as much. He also sold down his Jaks recently to reduce his risks as he has too much money in this counter.
4. For those wishing to copy or follow KYY, what are their strategies to avoid losses and to ensure gains?
looking at his selection ... you can derive that uncle just a 'trend' follower. in that year, it was ringgit that falling down a lot, furniture and exports strong in play. those who ride the longest that year can enjoy few hundred % profits like uncle. uncle may have earned a lot but he earned a lot not because his stock selection, but due to he is so rich until he can buy up to few millions of share. so if you buy more, you earned more, same as loss more if trend reverse ...
so uncle used back his same tactic for 2016, 2017 and 2018 and it is not working anymore ... he still earned in lionind but may be 20-30 cent only and not 200-300%.
I am a risk taker. I betted too heavily on Jaks. I am too greedy. I believe challenges are lifelong but don't give up because solutions are also lifelong.
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....
Posted by 3iii > 2018-09-06 07:27 | Report Abuse
These are the stocks selection of KYY extracted from Koon Yew Yin's Blog https://klse.i3investor.com/blogs/koonyewyinblog/blidx.jsp?p=1 2014 Xingquan Chart is not available http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5155 SOP http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C45856910 Rimbunan Sawit http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458VMB00 Jaya Tiasa http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458A0560 THPlantation http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458X1B00 2015 VS http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458H1210 Latitude http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458G8750 Li Hen http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458BT980 2016 Gamuda http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C45878290 Chin Well http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458G7830 CSC http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458ZH000 Masteel (Sell call) http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458KC800 Gadang http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458G8170 2017 Jaks http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458OK500 Eversendai http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458002G0 Hengyuan http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C45852900 Lion Industries http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458AV720 What can we learn from Mr. Koon from his past and present stock selections?