Author Topic: I advise Dr KIM to abandon his present unsafe, uncertain and loser strategy.  (Read 3499 times)

Online ahbah

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Nestle, Dlady, Petdag, Public Bank etc .... which are wonderful bargains ?  :D :P

Petday N Dlady are the kings in the top gainers board now.  :clap: :thumbsup: :cash:

Offline iiinvestsmart

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Take the road less travelled.   Think LONG TERM INVESTING.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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  • You got like my 2 best friends ?
Take the road less travelled.   Think LONG TERM INVESTING.

Uncles n aunties cannot think long term investing bcos they no got long term life lah. But WB n Charli can.

Mani kampong kids like ahbah also no got think long term investing bcos they no got patience.  :thumbsdown: :thumbsdown: n mani times they landed in ICU ward  :'( :'( :'(


Offline iiinvestsmart

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Those who bought this blue chip may wish to learn from the Dr.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Those who bought this blue chip may wish to learn from the Dr.


The reasons for not investing in BAT are:

1.  It is in an industry that is facing a lot of headwinds from the regulators.
2.  These headwinds are relentless and will continue to intensify.
3.  The industry is not growing.  The tobacco companies have reinvested their cash to create alternate cash flows from other investments.
4.  There are better investments (lower risks/ higher returns) available to invest into in Bursa.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Stocks that have performed well this year.

Consumer stocks

Nestle, DLady, F&N, Guinness


Gloves sector

Topglove, Hartalega


Finance sector

PBB, HLB, Aeon Credit, LPI
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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Nestle ... the champion during the current mkt correction ?  :D

Offline iiinvestsmart

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Sangeetha Amarthalingam/theedgemarkets.com

February 20, 2018 19:57 pm +08

 

KUALA LUMPUR (Feb 20): Nestle (M) Bhd posted a record high fourth quarter net profit of RM133.54 million, double the RM66.94 million reported last year, thanks to continued sustainable cost management.

Nestle said the different phasing of marketing investments in 2017 also drove the quarterly net profit as investments were well spread over four quarters, compared with exceptionally high spending in the fourth quarter of 2016.

Earnings per share for the fourth quarter ended Dec 31, 2017 (4QFY17) stood at 56.95 sen, compared with 28.55 sen in a year ago, Nestle said in a filing with Bursa Malaysia.

Quarterly revenue inched up 2.54% to RM1.28 billion, from RM1.25 billion previously (4QFY16). The group said the rise should be interpreted in the light of a later Chinese New Year in 2018, compared to 2017, resulting in less sales taking place in 4QFY17 as against 4QFY16.

Nestle said the revenue increase was supported by domestic sales that grew 4.5% due to continuous innovation and renovation initiatives, and successful marketing and trade promotions.

The steady domestic sales compensated the moderate slowdown in export sales, because of the later phasing of Chinese New Year in 2018, Nestle added.

Nestle also registered its highest full year net profit for FY17 at RM645.80, up 1.36% from RM637.13 million in FY16. Revenue climbed 3.89% to RM5.26 billion from RM5.06 billion in FY16.

The group proposed a final dividend of RM1.35, bringing total payout for FY17 to RM2.75. The dividend is payable on May 31, with May 11 fixed as the ex-date.

Moving forward, Nestle said it would continue with its ďfuel the growth" strategy to strive for efficiency increases all over the supply chain and reinvesting the realised improvements into its sustainable growth.

ď(This would be) by innovating and renovating our portfolio and intensifying our trade and consumer promotions,Ē the filing added.

Nestleís share price closed up 70 sen or 0.58% at RM121.10 today, after hitting a record intraday high of RM121.50, for a market capitalisation of RM28.49 billion
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Charlie Munger .... to not be killed in your Investing, you have to know the stocks you must avoid.

[This advice does not apply to Dr Kim, who embraces any skirts that appear in his visual field.   :D ]
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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Dutch Lady ... the Queen for today  :clap: :thumbsup: :cash: :cash: :cash: :beer: :dancing:

Offline iiinvestsmart

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Dutch Lady ... the Queen for today  :clap: :thumbsup: :cash: :cash: :cash: :beer: :dancing:



Actually, I prefer DLady better when itís price was lower.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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  • You got like my 2 best friends ?
Dutch Lady ... the Queen for today again :clap: :thumbsup: :cash: :cash: :cash: :beer: :dancing:

up Rm2.20  :clap: :clap:

Offline iiinvestsmart

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Owners manual of Berkshire Hathaway


You should be fully aware of one attitude Charlie and I share that hurts our financial performance: Regardless of price, we have no interest at all in selling any good businesses that Berkshire owns. We are also very reluctant to sell sub-par businesses as long as we expect them to generate at least some cash and as long as we feel good about their managers and labor relations. We hope not to repeat the capital-allocation mistakes that led us into such sub-par businesses. And we react with great caution to suggestions that our poor businesses can be restored to satisfactory profitability by major capital expenditures. (The projections will be dazzling and the advocates sincere, but, in the end, major additional investment in a terrible industry usually is about as rewarding as struggling in quicksand.) Nevertheless, gin rummy managerial behavior (discard your least promising business at each turn) is not our style. We would rather have our overall results penalized a bit than engage in that kind of behavior.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Owners manual of Berkshire Hathaway


You should be fully aware of one attitude Charlie and I share that hurts our financial performance: Regardless of price, we have no interest at all in selling any good businesses that Berkshire owns. We are also very reluctant to sell sub-par businesses as long as we expect them to generate at least some cash and as long as we feel good about their managers and labor relations. We hope not to repeat the capital-allocation mistakes that led us into such sub-par businesses. And we react with great caution to suggestions that our poor businesses can be restored to satisfactory profitability by major capital expenditures. (The projections will be dazzling and the advocates sincere, but, in the end, major additional investment in a terrible industry usually is about as rewarding as struggling in quicksand.) Nevertheless, gin rummy managerial behavior (discard your least promising business at each turn) is not our style. We would rather have our overall results penalized a bit than engage in that kind of behavior.



Contd


We continue to avoid gin rummy behavior. True, we closed our textile business in the mid-1980ís after 20 years of struggling with it, but only because we felt it was doomed to run never-ending operating losses. We have not, however, given thought to selling operations that would command very fancy prices nor have we dumped our laggards, though we focus hard on curing the problems that cause them to lag. To clean up some confusion voiced in 2016, we emphasize that the comments here refer to businesses we control, not to marketable securities.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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While all the details of the specific techniques used are not made public, the following 10 requirements are all common among Berkshire Hathaway investments:

The candidate company has to be in a good and growing economy or industry.

It must enjoy a consumer monopoly or have a loyalty-commanding brand.

It cannot be vulnerable to competition from anyone with abundant resources.

Its earnings have to be on an upward trend with good and consistent profit margins.

The company must enjoy a low debt/equity ratio or a high earnings/debt ratio.

It must have high and consistent returns on invested capital.

The company must have a history of retaining earnings for growth.

It cannot have high maintenance costs of operations, high capital expenditure or investment cash flow.

The company must demonstrate a history of reinvesting earnings in good business opportunities, and its management needs a good track record of profiting from these investments.

The company must be free to adjust prices for inflation.


Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online DR KIM

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TODAYS  JACKPOT  >>  NEXGRAM  + DOTERS  WA WB WC   30 - 100  %  NO SWEAT !

 :clap: :clap: :cash: :cash: :beer: :cocktail: :party: :dancing:

Online DR KIM

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3I  THROWWWWWWWWWWWW  your  kaput chart into drain
get lost with  your KAPUT  VALUE INVESTINGG  >> to get  5 %  profit take months if not  years 

this  is  bursa laaa  unlike  the developed NY  Wall Street
>>> :giggle: :giggle: :rofl:

ATTACCKKKKKKKKKKKKKKKKKKKKKKk cheap warrantss  + penny  >> 50  - 300 % jackpot  :cash: :handshake:

Online DR KIM

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I almost DIE STANDING  TO  Mr 3I  advice on me   >>  kihhhh  10 X  :giggle: :giggle: :rofl: :headbang:

##I am   in  laidback mode  after  SWALLOWING   PYTHON in Bursa :cash: :cash: :cash: :cash: :cash:

Offline iiinvestsmart

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Nestleís YTD gain alone could almost buy Manchester United FC



Billy Toh/theedgemarkets.com

March 13, 2018 11:12 am +08

 

KUALA LUMPUR (March 13): Nestle (Malaysia) Bhdís strong rally continued as its share price rose by 4.19% or RM6.30 to RM156.80 with about 72,400 shares traded, giving it a market capitalisation of about RM36.8 billion.

Other blue-chip counters that continue to see positive uptrend include Dutch Lady Milk Industries Bhd which has gained by RM2.60 or 3.84% to RM70.30, with about 22,700 shares traded. Fraser & Neave Holdings Bhd also jumped by 4.10% or RM1.30 to RM33, with about 71,000 shares traded.

In contrast, the FBM KLCI is in the red, slightly lower by 0.03% or 0.62 points to 1,860.6 as of writing.

For Nestle, it represents a gain of about 51.9% year-to-date and its market cap has grown by almost RM12.6 billion, the total market capitalisation of Manchester United Plc (US$3.23 billion), the most expensive English football club which is listed on the New York exchange.

Year-to-date, Dutch Lady has gained by about 14.5%, while F&N has also jumped by about 22.4%.

According to Rakuten Trade Sdn Bhdís vice president of research Vincent Lau, the strong rally in the blue-chip counters such as Nestle, Dutch Lady and F&N is a reflection of the confidence that foreign investors have in the countryís economic fundamentals and outlook, moving forward.

Out of the 48 trading days so far in 2018, Nestle has seen 37 days of positive moment in its share price, 7 negative and only 4 days where it remained unchanged.

As for Dutch Lady, there are 29 days of upward movement in its share price, 13 negatives and 6 unchanged, while F&N saw 30 days of positive movement, 11 negative and 7 days unchanged.

This indicates there are about 60% to 77% chances for traders to buy and gain from buying these counters.

At current level, Nestle is trading at a trailing P/E of 57 times, with an indicated dividend yield of about 1.8%. 

 
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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Nestle ... the undisputed king  :clap: :clap: :clap: :cash: :cash:

Offline iiinvestsmart

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PE 57.   :sweat:
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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How can you achieve consistent, high-level returns?

Students of investing look for a formula.  Many students read both technical works and the retrospective testimonies of high-performing investors.

1.  The technical approaches:  A few good books have been written.  But reported technical investment approaches rarely, if ever, lead to consistent, high-level returns.

2.  The investment memoirs:  They tend to be long on philosophy and short on advice for how to buy particular securities.


Thus, in both areas, the students are largely disappointed.





Investment memoirs of successful investment practitioners

However, as the works of successful investment practitioners, the memoirs do have much to recommend them.  They describe non-specifically, investment approaches that worked in practice.  They capture an important aspect of investment success:  that it depends more on character than on mathematical or technical ability. This is the consistent message of investment memoirs of a group of successful investment practitioners.

The problem is that each memoir presents a unique perspective on the character traits necessary for investment success.  Different authors emphasize different characteristics:

- patience,
- coolness in a crisis,
- wide-ranging curiosity,
- diligence in pursuit of information,
- independent thought, broad qualitative as opposed to detailed quantitative undersanding,
humility,
- a proper appreciation of risk and uncertainty,
- a long time horizon,
- intellectual rigour and balance in analysis,
- a willingness to live outside the herd, and
- the ability to maintain a consistently critical perspective.


Unfortunately, an investor with all these qualities is a rare bird indeed.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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  • You got like my 2 best friends ?
DR KIM's investment strategy depend on his decadesss of observation, study, research n practical experience on peni stocks n peni warrants which has been proven to earn the most gain  with no doubt at all.  :D :D :D

Offline iiinvestsmart

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These are the great companies in Bursa.

LPI   8621
NESTLE   4707
PBBANK   1295
AEONCR   5139
HEIM   3255
PANAMY   3719
PPB   4065
UTDPLT   2089
CARLSBG   2836
HLBANK   5819
HLFG   1082
AHEALTH   7090
DLADY   3026
F&N   3689
GENTING   3182
HARTA   5168
MYEG   138
GENM   4715


Buy these companies at fair prices and hold them for the long term.

You will be rewarded with dividends and capital appreciation safely.

You only have to spend a little time to maintain your portfolio.



[18 stocks are still too many; better to stay with < 8 stocks.]
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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  • You got like my 2 best friends ?
These are the great companies in Bursa.

LPI   8621
NESTLE   4707
PBBANK   1295
AEONCR   5139
HEIM   3255
PANAMY   3719
PPB   4065
UTDPLT   2089
CARLSBG   2836
HLBANK   5819
HLFG   1082
AHEALTH   7090
DLADY   3026
F&N   3689
GENTING   3182
HARTA   5168
MYEG   138
GENM   4715


Buy these companies at fair prices and hold them for the long term.

You will be rewarded with dividends and capital appreciation safely.

You only have to spend a little time to maintain your portfolio.



[18 stocks are still too many; better to stay with < 8 stocks.]

Thanks. Give us your buy calls when they are at fair prices.

Online ahbah

  • Duke
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  • You got like my 2 best friends ?
These are the great companies in Bursa.

LPI   8621
NESTLE   4707
PBBANK   1295
AEONCR   5139
HEIM   3255
PANAMY   3719
PPB   4065
UTDPLT   2089
CARLSBG   2836
HLBANK   5819
HLFG   1082
AHEALTH   7090
DLADY   3026
F&N   3689
GENTING   3182
HARTA   5168
MYEG   138
GENM   4715


Buy these companies at fair prices and hold them for the long term.

You will be rewarded with dividends and capital appreciation safely.

You only have to spend a little time to maintain your portfolio.



[18 stocks are still too many; better to stay with < 8 stocks.]

U onli got 1 young growing kid MYEG.

Offline iiinvestsmart

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I challenge you people, if you people dont disturb GSB... it would have hit 20 sen already.

Time for my target to hit 20sen is not up yet... I targeted GSB to hit 20sen at end of this new financial year, so I am not wrong yet.

So, stop blaming me. I never ask anyone to play hit and run with GSB.

So this round, I stop promoting... you stop attacking...lets see what happen to GSB.


GSB revisited.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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U onli got 1 young growing kid MYEG.


 :(
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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Myeg .... prematured RIP in the waiting  :'( :'( :'(

Offline iiinvestsmart

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GSB revisited.

FINANCIAL PERFORMANCE

For the financial year under review, the continuing operations
of GSB Group recorded a revenue of RM33,316,284 and a
loss after tax of RM1,915,542 in comparison to a revenue of
RM17,569,016 and a loss after tax of RM1,299,501 in the
preceding financial year.

The property development segmentís revenue has increased
from RM11,323,078 to RM27,220,083 and registered a
profit of RM1,522,165  :sweat: :'( as compared to segment profit of
RM2,011,632 in the preceding financial year. The revenue
contribution from our replication of compact discs and digital
versatile discs segment has decreased from RM6,245,938 to
RM6,096,201 but there is a decrease in segment loss from
RM1,221,414 to RM839,896.

On a positive note, the assets for the Group grew further
from RM146,257,000 to RM166,613,000 contributed mainly
by increase in property development segmentís assets from
RM124,457,000 to RM146,430,000.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

  • Duke
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  • You got like my 2 best friends ?
Can DR M n Pak Din's kids grow up into handsome princes n lovely princesses ?  :D :D :cash: :cash: :cash:  :nod: :shake:

Online DR KIM

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FINANCIAL PERFORMANCE

For the financial year under review, the continuing operations
of GSB Group recorded a revenue of RM33,316,284 and a
loss after tax of RM1,915,542 in comparison to a revenue of
RM17,569,016 and a loss after tax of RM1,299,501 in the
preceding financial year.

The property development segmentís revenue has increased
from RM11,323,078 to RM27,220,083 and registered a
profit of RM1,522,165  :sweat: :'( as compared to segment profit of
RM2,011,632 in the preceding financial year. The revenue
contribution from our replication of compact discs and digital
versatile discs segment has decreased from RM6,245,938 to
RM6,096,201 but there is a decrease in segment loss from
RM1,221,414 to RM839,896.

On a positive note, the assets for the Group grew further
from RM146,257,000 to RM166,613,000 contributed mainly
by increase in property development segmentís assets from
RM124,457,000 to RM146,430,000.

LOSS  is  a  BLESSING  in anticlimax BURSA  :thumbsup: :cash: :cash: :cash: :giggle: :giggle:

Online ahbah

  • Duke
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Myeg ... Fei Mah's darling ?  :D :D :D

Online ahbah

  • Duke
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  • You got like my 2 best friends ?

Offline iiinvestsmart

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GSB.       GAN BOON KAT   18-May-2018   Disposed   9,119,490   
GSB   GAN PIK MUI   18-May-2018   Disposed   54,750,100   
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online Oly Shyte

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  • I EAT ????????
What happen to Myeg ? :shake:
Have you just landed to Malaysian soil from Mars? What do you think happened with MYEG?  :giggle: :rofl: :think: :sweat: :'(
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline iiinvestsmart

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A value investor always welcome the bear market.

Why?  Because you can buy the good shares cheap.

Does a value investor worry about the bull market?

Not really.  Who cares, after all you are already more wealthy.


Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ORIENT

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This dog 🐶 already went mad after losing all his savings and now owing ahlong
Namotasapakawatoarahatosamasamputasa

Online Teosh

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well said  :clap:
A value investor always welcome the bear market.

Why?  Because you can buy the good shares cheap.

Does a value investor worry about the bull market?

Not really.  Who cares, after all you are already more wealthy.
AIRASIA
TSRCAP
Nextgram
TA

Offline iiinvestsmart

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Reviewing an old post

The most important investment for an investor is to invest into his or her own education.

Please acquire the right philosophy and strategy and make your own investing decision.

For those who are not able to do so, they still require to have this right philosophy and strategy to work with their fund managers who are managing their funds.



==========



https://klse.**********.com/blogs/koonyewyinblog/45691.jsp
klse.i 3investor. com



The most undervalued share I know - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Fri, 31 Jan 2014, 08:23 AM

Koon Yew Yin

My main objective to reproduce this article is to teach you how to become a super investor. My intention is noble but it would seem that I am boasting again.

As I said many a time before, there are many share selection criteria such as P/E , dividend yield, price to book value, NTA etc, but I consider the most important criterion is profit growth prospect.

Before you buy any share you must make sure that the company can make more money this year than last year and it can make more money next year than this year and continue to make increasing money in the foreseeable next few years.

Jaya Tiasa has this ability of producing more and more profit in the next 10 years. Now you, especially kk123 & wt222 who has ridiculed me before must go back to study my article ďWhy I sold R Sawit and SOP to buy Jaya TiasaĒ. It is important for those who have not been successful in stock picking must change their old style or mind-set. Kk123 & wt222 must examine your track record to realise how well you have performed before you dare to ridicule me.




Share price movements of Jaya Tiasa

30.1.2014 RM 2.29
28.3.2014 RM 2.75 (peak)
30.5.2018 RM 0.70
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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An investor nowadays is likely to grow uneasy and impatient while waiting for his cyclical buying opportunity to reappear.  In the meantime, also, his funds will bring him no interest in the bank and only a negligible rate if placed in short-term securities.  Thus he can lose more in dividends foregone than he can ever gain from buying at eventual low levels. 




Summary

Either buy carefully and then ignore the market fluctuations or if you intends to buy and sell recurrently, deal in values. 

Should you patiently wait for your cyclical buying opportunity to reappear?  The low-points of the market maybe 10 or 11 years apart.  While waiting for these hoping to buy at eventual low levels, you can lose more in dividends foregone; earning little income from your cash holdings.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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The risks in property development are:

1.  Insufficient own capital to fund the project.
2.  Over-leverage and excessive borrowings.
3.  Poor sales for various reasons - poor location, industry related reasons.
4.  Cyclical downturn.

Many property projects are launched in the cyclical upturn of the industry.  Soon many more jumped in the game.  When the cyclical downturn comes, the weaker developers suffer.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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The best stock to buy may be the one you already own.

Many stocks which later became major holdings started out as minor purchases. 

Often it is unnecessary to run around looking for the perfect stock, you may already have it in your portfolio, so buy more!

It goes back to a basic principle, the number of really brilliant companies is finite, so when you do have one it might be better to buy more than to go out to find something else.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online ahbah

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  • You got like my 2 best friends ?
Have you just landed to Malaysian soil from Mars? What do you think happened with MYEG?  :giggle: :rofl: :think: :sweat: :'(

I a kid from Mars ?  :D :D :D

Online Oly Shyte

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I a kid from Mars ?  :D :D :D
It seems like you are a human that went up to Mars and stucked there while Oly was the opposite......  :D
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline iiinvestsmart

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http://www.investlah.com/forum/index.php/topic,73536.0.html


http://www.investlah.com/forum/index.php/topic,69819.0.html

Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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There were 2 situations that induced raider to be less risk adverse than normal. In fact, he was actively risk seeking. There are lessons we can learn from otherís misery.

1. When the price of Hengyuan rose from 6 to 19, raider was ahead in the game. He was playing with the ďhouse moneyĒ.

2. When the price dropped from 19 to 14+, raider sold because his stop loss price was triggered. At 12, the price rebounded. Raider who was behind in the game at this stage saw his chance to break even or even to make a profit. He confidently bought more and declared his average cost to be 12 and boasted he will * * hold forever, even encouraging his followers to do likewise.

Today, Hengyuan is at 6+.


Poor raider. We are lucky to learn some lessons to guide our investing from these 2 situations that may induce people to be less risk averse than normal and in fact, actively risk-seeking.

The importance of the ability to understand the business, its durable competitive advantage, its management and its valuation (intrinsic value) is still highly relevant to the successful long term investors.

Learn from otherís mistakes and profit from these lessons.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Beware the rise of bogus traders who are stealing £87k from investors every day


25 JUNE 2018

Fraudsters who pose as financial services professionals are conning an increasing number of investors into purchasing sham assets.  Investment scams Ė such as those relating to holiday timeshares, cryptocurrency and binary options Ė are on the rise.

The number of these cases reported to Citizens Advice more than doubled in 2017 compared with the previous year.

Binary options allow investors to bet on whether the price of an asset, such as a stock or currency, will go up or down at a certain time in the future.

It is a high-risk way to trade and until this year was not regulated, leaving investors vulnerable to fraud.

Binary options scammers pose as traders who advise the investor what bets...



https://www.telegraph.co.uk/investing/news/beware-rise-bogus-traders-stealing87k-investors-every-day/
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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The NAV per share of GSB  = RM 0.09
Total outstanding shares = 400m
Book Value = RM 36 m

It's present market price = RM 0.075
Market cap = RM 30 m

Its expected earnings for this year 2011 = $3 m
Its projected earnings for next year 2012 = $ 8 m
(NOTE:  I am using the HIGH estimates of John's).

John values the future value of GSB at PE of 10x giving it a market cap of
10 x $ 8m = RM 80 m.

NOW, well for the uncanny who only use PE without much care or critical thinking, this is paying RM 50 million to own the RM 5 million incremental in earnings of 2012.

I think this is crazy.  This earnings is neither recurrent nor growing.  At best it is lumpy or one off over a few short years. 

Investing is most intelligent when it is most business like. 

You are paying market cap of $30 million to own $3 million of earnings now and $36 million book value of its assets.

Would you like to buy this company for RM 80 m in 2012, when its earnings have grown an extra RM 5 to RM 8 m and a $44 million book value of assets? 

Essentially you are paying an extra RM 50 million for the incremental RM 5 million of profit and incremental 8 million of book value of assets. 
 :shake: :shake: :shake: :shake: :shake:



Last month, GSBís previous owners sold their shares for 13 Sen.

Today, GSB is trading at market price of 21 Sen per share.

Has its intrinsic value increased over this 1 month?

 :cash:
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Breaking the Slow-Growth Myth of Consumer Staple Companies


By Stanley Lim Peir Shenq, CFA - March 29, 2016

Some investors think that consumer staple companies are slow-growing, lumbering companies whose stocks do not provide much opportunity for high capital gains. They may be wildly mistaken.

To show why thatís so, letís take a look at two large consumer staple companies that are listed in Singapore and Malaysia. They are Thai Beverage Company Limited (SGX:Y92)and Nestle (Malaysia) Berhad (KLSE:4707.KL).

Thai Beverage produces and distributes alcoholic beverages, non-alcoholic beverages, and snacks mainly in Thailand. Nestle (Malaysia), on the other hand, is a food and beverage conglomerate that sources the bulk of its revenue from Malaysia.

If you had invested in either of them over the past 10 years, you would have at least quadrupled your money as the following table makes clear.

Thai Beverage
Total Returns over last 10 years  306%

Nestle (Malaysia)
Total Returns over last 10 years  389%

Thai Beverage, Nestle Malaysia total returns table
Source: S&P Global Market Intelligence


More importantly, the duoís stock market returns have been backed by solid growth in their underlying businesses as well. You can see this in the table below:

Thai Beverage
10 Years Compound Annual Growth Rate in Revenue  6.2%
10 Years Compound Annual Growth Rate in Net Income 9.9%

Nestle (Malaysia)
10 Years Compound Annual Growth Rate in Revenue 5.3%
10 Years Compound Annual Growth Rate in Net Income 8.3%

Thai Beverage, Nestle Malaysia revenue and net income table
Source: S&P Global Market Intelligence


A company would see its profit more than double over 10 years if its profit is growing at a CAGR of 8.0%; both Thai Beverage and Nestle (Malaysia) have bottom-lines which had climbed at rates faster than 8.0% per year.

Investors who have the impression that consumer staple companies are a bunch of slow-growing and boring companies may want to rethink that assumption. If a tripling of my investment every 10 years is considered boring, I can seriously live with that.
<br #~/2016/03/29/breaking-the-slow-growth-myth-of-consumer-staple-companies/
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.