Mulpha * alexsymbols

Quote from: kcchan270871 on April 06, 2009, 12:08:55 AM

There are many ways to skin a cat. But when I posted those points, some offered tea, nasi kandar, high tea and what not. I asked that much too, more as a kind of perceived consideration for myself. One thing in common I have with Kucing is positive view on KNM at this level. Economic cycle has to be allowed to run its course and it is a good thing that the bubble has burst, recession has become reality and the question is whether the bottom has been hit. That alone is a good sign shares have become a good form of investment. Dump cash and gold unless you think the world is not able to arrest further economic decline.

By profession, I do not like to lie. I can do it convinvingly if I want though but what is the point? History has shown that mankind always revived economic growth after recession has completed its course. The only reason why some of the traders here are thinking of selling iat this point s derived from what they saw in the past 9 months when one rebound was invevitably followed by another plunged caused by foreign funds selling this counter off, seemingly at all cost.

I take a much longer view. Bad news (the cons) are really quite bad especially if Borsig technology falls far short of its promise so trumpted by Lee, and make no mistake about it, future contracts are our best judge. The rebidding has taken place. Net Margin certainly will come down but if the worst profit a year can be capped at 300m RM in 09, and recovery takes place in 2010, say back to 500m and above. It is worth waiting for a level at RM1 before selling. Oil price is unlikely to touch USD80 this year. KNM lovers will be lucky if it hits USD70 this year.

On Ramnuia, forget about it as its value lies in finding a buyer of this company. MISC has shunned this counter after a prolonged due dillgence, and for a company making losses, do not waste your bullet on it.

Counters I like have gone up- Bursa (dividend payment is imminent) and HK Exchange (has gone up by HKD10 in 3 days).

I do not have any faith i FengShui, technical analyses, etc. I am guided solely by fundamentals and values and the unstoppable ebbs and flows of economic activities and cycles, trying to emulate Warren Buffet. The lessons I have learnt in my 15 years of investing experience is to rely on ourselves and do not listen to tips, not from the closest of friends or any analysts.

Anyone thinks I have what it takes to benefit from setting up my own blog or website offering advise?

this is Taik Anjing @ KC CHan @ Tan VT

Cool