Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Thu, 24 Sep 2020, 9:43 AM

 

'THE GREATER FOOL THEORY By Dr Neoh Soon Kean (Excerpts from STOCK MARKET INVESTMENT), Calvin Tan comments

Author: calvintaneng   |  Publish date: Thu, 24 Sep 2020, 9:43 AM


This is an excerpt from STOCK MARKET INVESTMENT In Malaysia And Singapore by Dr Neoh Soon Kean, the Benjamin Graham of Malaysia. Year of printing 1985

 

THE GREATER FOOL THEORY (Page 67 Last paragraph)

This is a theory that is usually very popular during the immature phase of a stock market's development. More of the followers of this theory are not aware that the trading system which they believe in goes by this peculiar name. From the stock market's behaviour during the past three booms, we can say that many Malaysians/Singaporeans appear to be strong supporters of this theory. This theory was very popular in the US during the 1920s but since then, it has fallen out of favour even though pockets of true believers still appear from time to time.

 

    In essence, believers of this theory hold that stock prices are not dependent on anything tangible but rather dependent on the continual appearance of more people who are willing to purchase the stocks at an even higher price {these people are the so-called 'greater fools'). Thus, it neither matters what price one buys a stock nor that the stock's price is ridiculously high by any normal standard of measurement. Thus the believers of this school of thought hold the view that whatever stock one buys can always be sold at a higher price because there will always be greater fools than themselves. Thus, it is fine to buy MUIB at $24.00 because there will be another person foolish (or brave) enough to pay $26.00 for it. Believers of the greater fool theory never for a minute think that the supply of fools will be exhausted and that they may be the final purchaser before the crash.

 

   During every stock market boom, there are usually a large number of believers of the greater fool theory and some of them actually make a lot of money on the way up. Some of them get out in time by finding some greater fools to take over their hot potatoes in the nick of time but many find that they themselves end up as the greatest fools because there is no one else willing to bid up the price anymore. Needless to say, the Greater Fool Theory is a much discredited one among academics and most professionals. But it still finds many adherents. Why is this so? Everyone is having too much fun, (that is, making so much money) on the way up that they do not want to leave the market. George Goodman, writing under the pen name of 'Adam Smith' has this wonderful parable to explain how people are caught up in the web of the Greater Fool Theory and do not know when to get out.

 

We are all at a wonderful ball where champagne sparkles in every glass and soft laughter falls upon the summer air. We know, by the rules, that at some moment, terrorists will burst in through the terrace doors, killing many and scattering the survivors. Those who leave early will be saved, but the ball is so splendid that no one wants to leave while there is still time. Everyone wants to enjoy one more dance and sip one more glass of champagne. So everyone kept asking: "What time is it? What time is it?" We look around and find that all the clocks have no hands.

 

  This may be a surrealist's way of describing the stock market but Goodman's parable has a great deal of truth in it. Of course, we know that in every speculative boom of the past, the 'terrorists' did come when most of the guests were still enjoying themselves at the ball. As 'Adam Smith' implies, nobody knows when a speculative boom will end but end it must for that is the rule. At every speculative boom, not many of the small speculators escaped with their gains made on the way up. Most of the smaller speculators known to me eventually lost all their gains and much more than what has been gained.

Some even lost a large part of their original capital. Thus on the next occassion when you happen to find yourselves at this type of a ball, try to leave early. The problem is that once one is caught up in the fun and games of the party, one is apt to lose touch with reality. Chances are that believers of the Greater Fool Theory will hang on to the bitter end, only to be slaughtered. It is better to miss a few dances or a few glasses of champagne than lose one's life. 

In concluding this section, an anecdote about Bernarde Baruch, generally acknowledged to be the greatest stock traders of the 1920s is related. He was once asked how it was that he remained  so rich while many of his contemporaries had declared bankrupt. This was his splendid answer: 'I always sold too early.'

 

Calvin comments:

This greater fool theory could be applied to stocks like IFCA, Sumatech & others

IFCA was pumped up from 7 sen to the lofty peak of Rm1.87 due to the GST Hype

It later went 3 times limit down from Rm1.87 to below 50 sen wiping out sorchai, sotong, water fish, ikan bilis, sardines & what not.

I have people telling me I missed IFCA on the way up. Calvin does not go gambling in casino Greater Fool Type of Stocks.  And how they missed a fortune on the way up  due to my warnings.  And how they finally lost all their 'profits and all their capitals' for overstaying. Now I am not here to tell you how to punt or gamble. I am here to warn of a Greater Fool Stock.

All will have to be responsible for your own actions in investment. 

 

Right now there are many new fangled perils of New Glove wannabees theme

Vaccines theme, PPE theme - MANY MANY GREATER FOOL STOCKS THAT WILL BANKRUPT ALL ITS PARTICIPANTS

 

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amateurJR Haha how about texchem?
24/09/2020 5:38 PM
calvintaneng Posted by amateurJR > Sep 24, 2020 5:38 PM | Report Abuse

Haha how about texchem?

GOOD QUESTION ON TEXCHEM

I HIGHLIGHTED ON TEXCHEM AT 46 SEN

THEN TO MY BIG SURPRISE SYNDICATES TOOK OVER TEXCHEM AND PUMPED IT TO LIMIT UP!!

I WARNED EVERYBODY NOT TO CHASE BECAUSE TEXCHEM STILL GOT IMPAIRMENT FROM POLYMER & SUSHI KING FACING BAD BUSINESS DUE TO MCO LOCK DOWN

TEXCHEM AFTER IT HAS SORTED OUT ITS LOSSES IN POLYMER & DIVERT MORE TO GLOVE CHEMICAL WILL THEN SEE BETTER DAYS

SO PLEASE DON'T SIMPLY CHASE

ONLY BUY IF PRICE IS CHEAP
24/09/2020 5:43 PM
Kukuman How cheap is cheap
Is glove theme is belong to greater fool theory? No. Zil. Not yet. You are the greater fool if you believe that. Will EPF is the greater fool suddenly became substantial shareholder to glove company? God helps you if you believe
24/09/2020 7:57 PM
calvintaneng Cheap is a relative word

Like a mau sang wang durian usual price is Rm55 a kg and if price drops to only Rm15 a kg is considered cheap

Example is price to book value

Like Naim selling at 74.5 sen with Net asset value of Rm2.60 is cheap

Naim just sold lands for Rm340 millions which is 68 sen cash

From this 68 sen Naim is proposing to give out 18 sen as dividend

18 sen dividend with price of 74.5 sen Naim is very cheap compared to Top Glove giving only 8.5 sen dividend
24/09/2020 8:49 PM
Solidrock What about Nylex?
25/09/2020 1:12 AM
Zuliana Sifu Calvin, you are my rock that I depend on.
Keep it up... my sifu.
25/09/2020 5:53 AM
calvintaneng Very good morning to all

Solidrock,
Nylex is expanding its ethanol production from 5 million litres to 10 million litres. Ethanol is used in sanitizer against covid 19

However, the losses from polymer will still overshadow its progress in ethanol this coming qtr. But Nylex is on the right course going into year 2021

Zuliana,
Tyvm.
I really hope i can be a blessing to all friends and foes alike. And my wish is everybody avoid the pitfalls of wrong investment and succeed eventually in a stock market infested by so much scams and confusion
25/09/2020 7:48 AM
lextcs what happened to the fiberization story n netX? like what u said...many many greater fools will bankrupt all its participants....im afraid netx already done that.
25/09/2020 8:31 AM
calvintaneng Posted by lextcs > Sep 25, 2020 8:31 AM | Report Abuse

what happened to the fiberization story n netX? like what u said...many many greater fools will bankrupt all its participants....im afraid netx already done that.

Calvin replies:

I disagree

Fiberisation theme is the future

Although progress has slowed down it is still ongoing

Fiberisation is the Information highway what North-South Highway is to the physical highway.

Microsoft is in Johor to build a data center & fiberisation in Sarawak & Sabah still on

Netx is still an inspiring work in progress
25/09/2020 8:38 AM
lextcs no good writer writes a dull story and expect the book to be on the NYT best seller. No one likes to read ;- "today I woke up, brush my teeth, wash my face, put on my makeup, go to jamban, bla bla bla…" Alas! people wants to hear exciting stories like how much billions are going to be rolled out for the NFCP deals. who gets who who gets what knot. good writers gets paid hamdsomely I must say...they are like frogs actually...writes as their masters command them to write. But of course CTE is different lor...he is writes for himself...or is he?
25/09/2020 8:38 AM
calvintaneng Dull story?

No leh

Jaks at 40 sen on Dec 8 2014 was a dull story when Calvin posted

See

Posted by calvintaneng > Dec 16, 2014 3:00 PM | Report Abuse X

Whoa!

Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!

So don't wait or else Jaks jump Jump JUMP Up And Away!


It was dull at 40 sen but when Jaks jumped to Rm1.50 and turned into a hot stock I warned & warned all to sell
For now there are so many better stocks than Jaks

Then the OGSE story
Carimin at 39 sen was dull. Carimin turned into hot currymee at Rm1.40 and I warned all to sell

OGSE was a cyclical success story for many who bought Dayang, Penergy, Carimin & Uzma when prices were cheap & dull.
Now game over

NFCP story still in back burner. Will come back again

The Glove Story?

Supermax i bought at only Rm1.73 & Comfort glove was cheap at 88.5 sen in April 2020.

Both Sold already. Supermax made more than 1,000% profit

So?

Never a dull moment if you can track the right cyclical stocks right at the beginning when things are still dull & unloved
25/09/2020 8:57 AM
calvintaneng Why notion also pump and dump?

Notion business in digital camera now impacted because few people could travel

Less tourists mean less people using digital camera

So notion will be badly hit

So they divert to face masks in USA?

That is a stupid idea as China got huge glut in face masks

After that notion cooked up another medical glove supply story?

Where got enough even Top glove got not enough

So those who chased notion have no idea
25/09/2020 10:16 AM
calvintaneng There are only 8 Genuine Glove stocks in Malaysia listed

And 3 in Spore

Ug healthcare
Sri Trang
Riverstone


Forget the rest

All new glove wannabes cannot because of these factors

1. There are no ceramic hand molds for this year or even up to Mid 2021 as they are preSOLD and need to book ahead

2. Also glove hand former Dipper now take 6 to 9 months for setting up

That again will be earliest June 2021

And even after can set up there is now not enough glove chemicals in the market

Even if have then there is the need for license to sell as medical gloves are controlled

Both from Malaysia Govt and then USA Govt

So to go through all the process it will take up to year 2022 for any sales

Again there is the barrier to entry

Will surgeons and doctors use new unknown brands of medical gloves still not tested ?

That is the reason why not to chase so called new glove hyped up rumour stocks like mqtech and others out to con the ignoramus
25/09/2020 12:00 PM
lextcs there's another genuine glove manufacture. But its listed in ASX. located or rather hiding far away in a district called Beranang in Sgor. 4 lines producing millions of nitrile gloves. CTE, why don't u make a com research n write up a jolly good story of this gem in the making.
25/09/2020 1:09 PM
lextcs then there is this Mercator Medical listed in Poland....factory in Thailand...price now is a mind blowing 411++ polish dollar. Up from 6.00 only 6 months ago.
25/09/2020 1:12 PM
lextcs So guys if you want a good play in the gloves sector again...u may n I repeat U MAY want to look @ Voltage Ip Ltd 0.085 oz cents. In a super strong wind even kangaroos can FLY!!!
25/09/2020 1:16 PM
calvintaneng Don't know about others

Ug healthcare ok like Supermax

It excels in ASP

Sri Trang to diversified

In any case Malaysia sold down by foreign fund now cheap

Stick with Klse
25/09/2020 3:25 PM
calvintaneng 3 other pump and dump greater fool stocks

1. Parlo

2. Gets

3. Ktb

All with no margin of safety at all
25/09/2020 7:39 PM
scenery Netx is printing money,

dumping, printing, dumping, printing,

dumping, printing, dumping, printing,

dumping, printing, dumping, printing,

continue dumping, printing, not stop yet...
25/09/2020 7:48 PM
stockraider Don over look Netx mah...it is trading at net cash value now mah...!!

Opportunity buy loh...!
25/09/2020 7:50 PM
apolloang komark got pump and dump?
25/09/2020 7:56 PM
Michael Kwok Ivory got Ong.Only 14 cents .NTA 79 cents.Call buy lah.Calvin is tht ok.....
25/09/2020 8:42 PM
calvintaneng Ivory is property now banks will be stringent in lending.

Continue with medical gloves or can consider palm oil stocks as Cpo above Rm2800 good times are coming back

Komark is overvalued. Any one got komark can sell and buy Netx. Same people behind komark as in charge of Netx

Netx is still an inspiring work in progress. Even alibaba and facebook needed lots of funding in early days
25/09/2020 8:52 PM
Michael Kwok Tq.I use some of ur approach.By the way,I'm former Anzo at 3 cents.I think u know I promote Anzo like hell last year.No regret.Im learning a lot from here.
25/09/2020 9:18 PM
Foker Dr Neoh? Who cares. You can't be Benjamin graham in Malaysia. Here, the stock market is lousy.
25/09/2020 10:09 PM
apolloang ivory no PN17 yet ar? the main office got 3 lifts but only 1 operating.boss no money to pay for maintainence since MCO
25/09/2020 10:38 PM
calvintaneng Foker,

Dr Neoh of Dynaquest is the Benjamin Graham of Malaysia.

Dr. Neoh in his monthly digest recommended great stocks like Scientex at Rm1. 60, skpres at 9.5 sen, daibochi at 60 sen before they split or gave bonus issues

Many have become millionaires and some multi millionaires today because of his guidance
25/09/2020 10:45 PM
calvintaneng And foker,

If only you know what Dr Neoh described the lousy market as you say. More than that. Even in his booked dated 1985 Dr Neoh already gave ample warning after warning about sharks and con man syndicates in Klse

He called it

JAWS 1

JAWS 2

JAWS 3

HE GAVE DESCRIPTION HOW CON MAN SHARKS SYNDICATES CHEAT PEOPLE THEN. JUST LIKE THEY DO RIGHT NOW!!!
25/09/2020 10:49 PM
calvintaneng The phrase

"lambs led to the slaughter" appeared again and again in Dr Neoh's book

Exactly!!

Those who chased gpacket over Rm1. 60 were lambs led to the slaughter

Also those who chased Mqtech, Gets, Ktb, Inix, Myscm, Mmag, Bintai, Notion, Pdz, Parlo, anzo, aco, kanger and many many others will end up slaughtered one by one like lambs
25/09/2020 11:02 PM
calvintaneng This time of Glove bull run has thrown up fake bull glove Syndicates pushing "other shares so called fake bull stocks " of no value but to pump and dump to sorchai

Some "lucky ones" who bought early and run early will still make alot of money is they escape in time before the operation is over.

Those who overstayed will get slaughtered
Those who go into margin at top prices might later get margin call and go bankrupt
26/09/2020 12:03 PM
calvintaneng Now let me relate what happened to Mr N of Batu Pahat, Ho Choy of SP Motor and Mr Lee of My KL


1. Mr. N of A Batu Pahat

He at first made Rm500,000 from the stock market during the GoGo years of 1993 to 1997

He phoned me and told me how happy he was to make such easy money from playing the share market.

He said he bought kimhin warrant and made a few hundred percent on the way up.

As he talked that evening he was walking in his garden in Batu Pahat then

He said he had to walk and walk because he was to excited to sleep with such a golden windfall

To be continued.
My lunch ready now
26/09/2020 12:10 PM
stockraider IF U CAREFULLY LOOK AT SOHAI 3iii LOGIC LOH ??
THEN U UNDERSTAND HOW STUPID LOH...!!

"If the company is raising cash to develop NEW projects and NEW businesses (high uncertainties and high risks).
In general AVOID ALL COMPANIES INVOLVED IN RIGHT ISSUES".

IF U LISTEN TO THIS SOHAI 3iii, U WOULD HAVE TOTALLY MISSED WORLD BEATING RETURN STOCK LIKE AMAZON, FACEBOOK & GOGGLE LOH...!!

IT IS SIMPLE MAH....DURING INFANCY STAGE...HOW COULD U EXPECT PROFIT INTIALLY LEH ??

U NEED TIME TO GIVE BABBY TO GROW LOH...!!

U ASK YOURSELF A LOGIC QUESTION WHY PEOPLE PAY A PREMIUM & SUPPORT GRAB FUND RAISING DESPITE STILL LOSING MONIES LEH ??
ANSWER GROWTH PROSPECT MAH...!!

COMING BACK TO NETX U R PAYING 21 SEN FOR THE BUSINESS WITH 25 NET CASH..WITH GROWTH PROSPECT....DO U NOT SEE OPPORTUNITY LIKE GRAB LEH ??

U MUST PUT SOME INVESTMENT IN TECHNOLOGY COMPANY LIKE NETX LOH..!!

ON TOP OF IT, U PARTICIPATE IN A VERY ATTRACTIVE RIGHT ISSUE MAH...!!
26/09/2020 12:15 PM
calvintaneng Mr N of Batu Pahat

As 1993 bull run progressed Mr N even paid Rm15,000 for a computer terminal in his Car Showroom office to view stock prices in real time

That was in the 1990s before we have iphones
Now no need to go to Stock brokering firm to track prices

And as the days, months and years passed Mr N. Lost all his winnings

Then he suffered capital loss

To be continued
26/09/2020 12:50 PM
calvintaneng After 1993 superbull was over 1994 to 1997 were very erratic years

He kept punting but the market switched from main board to second board frenzy.

And after giving back all his gains he started to lose Rm100k, then Rm200k and then Rm500k
26/09/2020 12:54 PM
calvintaneng Finally he not only gave back all his initial gains but lost a cool one million ringgit

Rm1 millions was quite a tidy sum in Batu Pahat in those days

When I was there he drove me in his Rm400k Merc Benz up Soga Hill one evening

The hills of Taman Soga got prime lands facing Batu Pahat Town

Such a beautiful sight at night

To be continued
26/09/2020 12:58 PM
calvintaneng After he lost that one million ringgit Mr N could not sleep not rest

He told me he wanted to make back his losses

But I said "You got Rm5 millions. Losing one million you still have Rm4 millions.And Rm4 MILLONS in the 1990s is more than enough to retire happily in Batu Pahat where living cost is low."
26/09/2020 1:02 PM
calvintaneng But Mr N could not let go.

So he kept playing the stock market day after day

One day I received a call from him

He said , "Long just will be suspended by this afternoon " and he has bought 800,000 shares of Long just

True indeed

Longhuat was suspended that afternoon

But nothing happened after that

As time went one Mr N lost Rm1 million
Then Rm2 million
Then three, four and finally all his Rm5 millions gone.

All gone up as The Asian Financial Crisis hit Klse and it plummeted from the peak of 1332 to the low of 261

To be continued ...
26/09/2020 1:07 PM
calvintaneng Not long just

The stock was called Long Huat
26/09/2020 1:08 PM
calvintaneng Then Mr N sold his two precious lands in Tmn Soga which he intended to build his retirement bungalow

And borrowed money from banks by mortgaging his Car Showroom lands

All these monies were also lost

Then he got the ID cards of six relatives

They let him used their ID to borrow up to Rm200k each

All Rm1.2 millions gone
And his 6 relatives were sued for bankruptcy later

There were 49 banks and finance companies
After 1997/8 Asian Financial Crisis only 10 left.

39 went bankrupt or were taken over
26/09/2020 1:24 PM
calvintaneng In the GoGo years of 1993 to 1997 borrow money quite easy
Everyone got ID could borrow up to Rm10,000 with no collateral

So in principle anyone could borrow Rm490k by borrowing up to Rm10k from all the 49 banking and loan institution

So lax was then no wonder so many went bankrupt later
26/09/2020 1:27 PM
calvintaneng Finally after Mr N had borrowed Rm1 milions from 2 banks and lost all as well he turned to the ah longs or loan sharks

Interest rate was 6% a month

Then 8%

Finally when the last Rm100k at 10% interest he told the loan shark he might have to run away

They didn't believe him because they saw his car showroom and his cars

But only if they know they were all mortgaged
to the hilt in full and over the top

To be continued.
26/09/2020 1:31 PM
calvintaneng Stupid scenary

Netx story still on

Go see Mp corp, Kbunai, Kwantas
Read the threads very very carefully

There were naysayers like Netx

In the end all ended well
26/09/2020 1:38 PM
calvintaneng Now finally Mr N left without leaving a note or word

He just disappeared from Batu Pahat

See the Story here

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-03-13-story-h1484835012-THE_ASIAN_FINANCIAL_CRISIS_1997_1998_Why_It_Hit_Johor_Hardest_BECAUSE_O.jsp
26/09/2020 1:42 PM
calvintaneng For many many months nobody knew where Mr N had disappeared

Not even his own family left behind in Batu Pahat

Then after very long time I received a call

Ha! Mr. N had gone hiding from loan shark at the Thai border

He smuggled petrol from Malaysia to sell in Thailand and then smuggled rice from Thailand to sell in Malaysia

He said, "My name is now changed to "Peter""

I asked, "How come you are blacklisted with no passpost can enter Thailand?"

He said, "No need passport" Can go in and out anytime

Anything goes at the Thai border in those days

Today Mr.N is ok as his children are all grown up doing real business and avoiding speculation or gambling in the stock market

BUT IT COULD BE A DIFFERENT LIFESTYLE IF HE HAD NOT TASTED EASY MONEY IN THE BEGINNING

Jesse Livermore died young by suicide because he lived the high life on tip toe by rampant speculation

Bernard Baruch lived till a ripe old age and escaped The Great Depression of 1929 - 1939 because he was a defensive Value Investor
26/09/2020 2:04 PM
calvintaneng Coming up next

Mr Ho Choy of SP Motor

Anyone still here with me?

Shall I stop here?
26/09/2020 2:05 PM
calvintaneng Ok

Ho Choy 1st brought me to see his new corner 3 storey shophouse in Bandar Sri Petaling KL

Upstairs he just newly renovated his office for Rm50,000

He said, "All free!! And free money made from the stock market"

I asked , "What stock?"
"TA White"!

To me I know next to nothing about stocks then as I was not in the stock market and missed 1993 bull run

Only in 1994 I found out there was no "TA White"

He was referring to "TA warrant"

Surprisingly, while Mr. N punted and made initial money from kimhin warrant Ho Choy also made his money from TA warrants. There were no call warrant then in those days

Alas!!

If only Ho Choy could see ahead of time

He made Rm50,000 from punting the share market to renovate his office .....only to lose his 3 storey corner shophouse worth Rm800,000 later

In total Ho Choy lost Rm3 millions borrowed from loan shark and ran away

He also changed his name to Andy
26/09/2020 2:48 PM
calvintaneng Ho Choy don't even know English and called TA warrant as TA White

So many are now punting who followed so called guru in face book

There is a difference between Investing and blind gambling

As the hokkien say

Puak kiaw puak kiaw
Su liaw liaw

Translated it means

Gambling gambling

Losing all eventually

Yesss!!!

Long term statistics have proved that eventually in the very end of end games...

80% of retail gamblers will lose money

And some literally go bankrupt!!

A few like Jesse Livermore commit suicide
26/09/2020 2:54 PM
scenery Now Netx is holding a lot of blood money from those chase due to conman calvin's hard sell. Yet they still not satisfy want more with consolidation to rob off people shares and then ask for more with RI.

This episode of robbing will only end after RI, and after they used up their money as usual, they will print money again like before. I sympathize with those newbies who fall trap on him, not him, he deserve it.
26/09/2020 3:01 PM
calvintaneng I say before and I say again

Last time Calvin promoted Kbunai at 5.5 sen
Then Kbunai fell to 5 sen and many cry father cry mother
Then Kbunai was taken private for 100% gain

So wait

Netx still an inspiring work in progress

Even Facebook and alibaba needed lots of funding in early days

Netx will yet spring a surprise in the future
26/09/2020 3:09 PM
Michael Kwok Please,made a time horizon ex 6-12 month.If not people will confused.Maybe also percentage of return.
27/09/2020 8:51 PM

WHY IS DIVIDEND IMPORTANT? From Dr Neoh Soon Kean's STOCK MARKET INVESTMENT, Calvin Tan Research

Author: calvintaneng   |  Publish date: Thu, 24 Sep 2020, 9:36 AM


WHY IS DIVIDEND IMPORTANT?

Dividend is important for many reasons. The most important reason has been explained a chapter earlier on, that is, dividend is the only benefit which a shareholder can obtain from a company under the normal circumstances. Profit, per se, is hardly of any use to him directly and the assets are only of value if the company is liquidated which is unlikely in a great majority of cases. Apart from this reason, dividend is important for the following reasons:

1) Dividend is a sure thing.

All too often, investors and speculators pay too much attention to profit forecast. It is amazing that so many malaysian companies have the courage to make profit forecast for many years into the future. What is even more amazing is that so many of the investors seem to believe these forecasts absolutely. It is difficult to make a profit forecast a year ahead, let alone five years or even ten years. Such profit forecasts can only be regarded as extremely shaky.

Let us take a recent example. During 1981, when the "property injection game" was at its height, many of the companies which were first getting into property development business gave very rosy forecasts of future earnings potential, as a result the price of these shares naturally went up to tremendous heights. Since then, the housing market softened considerably and the office rental market has declined 40-50 per cent. In just three years, the profit picture of just about all land development companies has changed considerably. I wonder how many of those forecasts made in 1981 can still stand up to scrutiny today.

Dividend is real and it is something which the shareholders can put to some use. Most companies keep dividend at a level they can afford to pay out irrespective of whether it is a good or bad year and is hence a great deal more certain than profit forecast.

 

2) Dividend provides a link with reality.

When the market is truly 'hot',  few of us can keep truly rational and we tend to be swept along in the general atmosphere of optimism. But the dividend yield of a share keeps us in close touch with the real world. As in the earlier example of OCBC, anyone who keeps his eye on the dividend yield of that share would have realised that the price level was totally unreal. Most people would agree that at a dividend yield of 0.4 per cent it would be better to sell a share and invest the proceed in houses or leave the money in fixed deposit.

In the established stock markets of the world, the dividend yield (ie dividend per share/price per share) usually has a steady relationship with the fixed deposit and its interest rate. It is normal for dividend yield to fluctuate at around 1/3 to 1/2 of the long-term deposit interest rate. This means that when fixed deposit interest is around 10 per cent per annum, stock should sell at a price to provide a yield of 3 per cent to 5 per cent. Taking a look at the yield provided by local shares during bull markets, the dividend yield is usually so low as to be meaningless. Futhermore, one should not forget that fixed deposit of 15 months or longer and fixed deposits in National Savings Bank are interest free in Malaysia while dividend has a witholding tax of 40 per cent applied at source.

 

3) Dividend provides a 'floor' for shares during bear markets.

 

Stock markets of the world, especially the Malaysian/Singaporean market is not readily predictable. They can collapse so easily into a 'bear pit' with little warning. If we wished to protect our hard earned capital, we must be defensive in our investment approach. One of the best defense is to buy shares with reasonable dividend yield (i.e. a yield of between 1/2 of deposit interest rate). If we buy a share because it pays a reasonable dividend, our loss is likely to be small even during periods of sharp market decline.

For example, we can buy a share which pays 30 cents dividend at Rm5.00 a share and this gives us a dividend yield of 6 per cent. If the share market goes into a sharp decline, the amount this share can fall to is limited by the fact that it pays a 30 cents dividend. If the price is to fall to as low as Rm3.00, it will be giving a dividend yield of 10 per cent which is about as good as what one can get from fixed deposit but with the additional opportunity to capital gain thrown in.

Most people can see that at that price, the share is probably a good bargain and it is therefore unlikely to fall any lower.It has been my experience that with the exception of mining counters, a dividend yield of 12 per cent seems to be the floor below which most stocks will not drop. In sharp contrast, shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more.

 

4) Dividend yield prevents investors from being side-tracked by irrelevant events.

The Malaysian/Singaporean stock market can be characterised by a large number of events which are of little real benefit to the existing shareholders and yet which excite them greatly. I am referring to the large number of bonus announcements, rights issues, property injections, take-overs, and mergers which have made their appearance in recent years. Most of these events are of little, if any, real economic benefit to the existing shareholders of the companies involved.

Despite this, the price of the shares of a company involved in an event of this nature tends to rise sharply. Later chapters will explain in detail why these events are, in the main, irrelevant and some of them may even be damaging.

For the moment, let us consider the following. According to the dividend yield approach to share valuation, a share can have increased value only if there is a likelihood that its dividend will rise faster than originally expected. We ask ourselves in what way events like bonuses, rights, mergers and re-organisations in themselves can improve the future dividend picture of a company. If these events cannot lead to such an increase, the share surely does not deserve a higher valuation.

It is hoped that readers are, by now, at least partially convinced of the wisdom of buying a share for its dividend. In later chapters, the range of dividend yields which is reasonable for different categories of shares will be examined. In the meantime, I leave you with a short ditty that has been popular for years in the US and is still often quoted as advice to first time share buyers.

 

              A cow for its milk,

              Bees for their honey,

              And shares, by golly,

              For their dividend.

 

The above passage is taken from the book "STOCK  MARKET INVESTMENT" in Malaysia And Singapore

By Dr . Neoh Soon Kean of Dynaquest Sdn Bhd (pp 148 to 150) Published in year 1985.

 

Calvin comments:

According to Dr. Neoh, "A dividend yield of 12 per cent seems to be the floor below which  most stocks will not drop".

In the Deepest Depth of the Lehman Brothers' Crisis after Bear Sterns & Lehman Brothers both gone bankrupt Warren Buffet bought into the safety of Goldman Sachs' Preference shares with guaranteed 10% yield.

 

 

Now take heed to Dr. Neoh's warning, "In sharp contrast,  shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more".

The characteristic of past bear markets like the Tulip Mania, The South Sea Bubble, The Great Depression of 1930s in USA, the Stock Market Rout of Asian Finacial Crisis in 1997/8 and The Lehman Brothers' Debacle of 2007/8 have witnessed many stocks & index crashing up to 90% or more.

  Be the first to like this.
 

THE GOOD RESULT OF CAREPLUS FORETELLS THE COMING GOOD RESULTS OF HLT (0188) AS WELL, Calvin Tan Research

Author: calvintaneng   |  Publish date: Tue, 28 Jul 2020, 1:35 PM


Dear Fellow Investors of i3 Forum,

 

I quote Sifu John Neff words, 

I don't read, much less follow, the valuations or predictions. I study the numbers. - John Neff

 

It was by studying the "IMPAIRMENTS" in HLT Accounts That Alerted me to check up on the Accounts of Careplus

And Careplus latest good results foretell Hlt good coming result as well

Now digging Deeper I discovered more Numbers or Telling Figures why INSIDERS/DIRECTORS WERE BULLISH & BOUGHT AHEAD OF TIME

 

When SuperMax was around Rm7.50 to Rm7.73

These Numbers came Up

See

 

The above was done in May/ prices purchased were around Rm7.50

Today in July only 2 very short month Supermax has crossed Rm18.00 (Up 140%)

 

Let's Look at CAREPLUS INSIDERS/DIRECTORS BUYING

 

They bought from June to July

TODAY CAREPLUS ALREADY GONE NEAR RM3.00 

 

NOW SEE HLT (0188)

 

SEE WHILE OUTSIDERS SOLD INSIDERS / FOUNDER/ CEO/ DIRECTORS OF HLT WERE BUYING AND BUYING HLT MOTHER SHARES (THEY ONLY SOLD WARRANTS)

 

SEE FURTHER FROM HLT

HLT GLOBAL BERHAD ("HLT" OR "THE COMPANY")
- OFFER AND GRANT OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY (“ESOS”)
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the Company has made an offer of options on 24 July 2020, to the eligible persons to subscribe for new ordinary shares in the Company (“Options”) under the ESOS.
Details of the Options offered to the eligible persons of the Company are as set out below:-
(a)
Date of offer
:
24 July 2020
(b)
Exercise price of options offered
:
RM0.70
(c)
Number of options offered
:
26,070,000
(d)
Market price of the Company’s shares on the date of the offer
:
RM0.82
(e)
Number of options offered to the Directors of HLT
(i) Wong Kok Wah
(Deputy Chairman/ Executive Director)
(ii) Chan Yoke Chun
(Executive Director/ Chief Executive Officer)
(iii) Yau Ming Teck
(Non-Independent Non-Executive Director)
(iv) Chui Mee Chuen
(Executive Director/ Chief Financial Officer)
(v) Wong Wai Tzing
(Independent Non-Executive Chairperson)
(vi) Wong Koon Wai
(Independent Non-Executive Director)
:
:
:
:
:
:
2,000,000
2,000,000
3,000,000
3,000,000
300,000
300,000
(f)
Vesting period of the options offered
:
Batch 1: 8,620,000
Exercisable on the date of offer
Batch 2: 17,450,000
25% exercisable on the date of offer
35% exercisable one year after the date of offer
40% exercisable three years after the date of offer
This announcement is dated 24 July 2020.
 
From the Above The New Bench Price of ESOS will be 70 Sen (A New High In Company History!!)
 
EXPECTING FUTURE OF HLT GLOBAL/ HLT RUBBER INDUSTRIES TO BE VERY BRIGHT!!!
 
THE BETTER HLT PERFORMS THE BETTER WILL BE HLT SHARE PRICES AND THE HIGHER PROFITS THEY WILL REAP
 
SO THEIR REWARDS COMMENSURATE WITH HLT PERFORMANCE!!
 
VERY GOOD INCENTIVES TO SPUR ALL AT HLT!!!
 
LET'S SEE HOW FUTURE QUARTER RESULTS OF HLT WILL UNFOLD
 
 
 
BEST REGARDS
 
CALVIN TAN RESEARCH
SINGAPORE
 
PLEASE BUY OR SELL AFTER DOING YOUR OWN DUE DILIGENCE
 
 
  4 people like this.
 

CAREPLUS = THE POWER OF CHEETAH UNLEASHED BY EXPLOSIVE PROFITS, Calvin Tan Research

Author: calvintaneng   |  Publish date: Mon, 27 Jul 2020, 2:47 PM


Hi guys

At first it was Supermax Calvin bought at Rm1.73 in April 2020

Only less than 4 months Supermax turned SUPERSONIC And Powered Up 1,000% to Rm17.33 In this

ONCE A CENTURY GLOVE BULL RUN TIME OF MLAYSIA

Last Friday Careplus released a 6.7 Sen Profit Quarter

If we take off Rm15 millions One-Off Gain

At P/E 30 New Benchmark Price for Careplus will be Rm4.40 to Rm4.80 (overtaking Comfort Glove comfortably)

As of now Company only produced

 

4 Billion Medical Exam Gloves

6 Billions by Year End

8 BILLIONS BY END 2021

Doubling Its Production Means Doubling Its Projected Price Rm4.80 x 2  = Rm9.60

Add another 100% for ASP

Rm9.60 x 2 = RmRm19.20

Mr Market in Crazy Pursuit will Chase Cheetah to over Rm20.00

YESSS! RM20.00

 

SEE THE POWER OF CHEETAH (CAREPLUS)

 


https://www.youtube.com/watch?v=Ptpb51UquOo

 

This is only a Projected Result

Please Do your own Study

 

Best Regards

 

Calvin Tan Research

Singapore

 

Please buy/sell after doing your own due diligence

  Qj1512 likes this.
 
calvintaneng Explosive profits

Ceo of Careplus bought 500 lots at Rm5.20 off market indicates that Careplus will run as fast as Supermax later
03/09/2020 11:37 AM
calvintaneng Going cheap due to unwarranted fear

Best time to buy is now as Topglove fantastic result will pull all Glove up again
04/09/2020 11:18 AM

CALVIN SUNDAY TEACHINGS FROM BIBLE INVESTING IDEAS (THE IMPORTANCE OF TIMING IN INVESTMENTS FROM ECCLESIASTES CHAPTER 3)

Author: calvintaneng   |  Publish date: Sun, 26 Jul 2020, 12:09 PM


 Ecclesiastes 3 
Parallel Chapters

To Everything There is a Season

NIV ESV NASB KJV HCSB
1There is a time for everything, and a season for every activity under the heavens: 1For everything there is a season, and a time for every matter under heaven: 1There is an appointed time for everything. And there is a time for every event under heaven-- 1To every thing there is a season, and a time to every purpose under the heaven: 1There is an occasion for everything, and a time for every activity under heaven:
2a time to be born and a time to die, a time to plant and a time to uproot, 2a time to be born, and a time to die; a time to plant, and a time to pluck up what is planted; 2A time to give birth and a time to die; A time to plant and a time to uproot what is planted. 2A time to be born, and a time to die; a time to plant, and a time to pluck up that which is planted; 2a time to give birth and a time to die; a time to plant and a time to uproot;
3a time to kill and a time to heal, a time to tear down and a time to build, 3a time to kill, and a time to heal; a time to break down, and a time to build up; 3A time to kill and a time to heal; A time to tear down and a time to build up. 3A time to kill, and a time to heal; a time to break down, and a time to build up; 3a time to kill and a time to heal; a time to tear down and a time to build;
4a time to weep and a time to laugh, a time to mourn and a time to dance, 4a time to weep, and a time to laugh; a time to mourn, and a time to dance; 4A time to weep and a time to laugh; A time to mourn and a time to dance. 4A time to weep, and a time to laugh; a time to mourn, and a time to dance; 4a time to weep and a time to laugh; a time to mourn and a time to dance;
NIV ESV NASB KJV HCSB
5a time to scatter stones and a time to gather them, a time to embrace and a time to refrain from embracing, 5a time to cast away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; 5A time to throw stones and a time to gather stones; A time to embrace and a time to shun embracing. 5A time to cast away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; 5a time to throw stones and a time to gather stones; a time to embrace and a time to avoid embracing;
6a time to search and a time to give up, a time to keep and a time to throw away, 6a time to seek, and a time to lose; a time to keep, and a time to cast away; 6A time to search and a time to give up as lost; A time to keep and a time to throw away. 6A time to get, and a time to lose; a time to keep, and a time to cast away; 6a time to search and a time to count as lost; a time to keep and a time to throw away;
7a time to tear and a time to mend, a time to be silent and a time to speak, 7a time to tear, and a time to sew; a time to keep silence, and a time to speak; 7A time to tear apart and a time to sew together; A time to be silent and a time to speak. 7A time to rend, and a time to sew; a time to keep silence, and a time to speak; 7a time to tear and a time to sew; a time to be silent and a time to speak;
8a time to love and a time to hate, a time for war and a time for peace. 8a time to love, and a time to hate; a time for war, and a time for peace. 8A time to love and a time to hate; A time for war and a time for peace. 8A time to love, and a time to hate; a time of war, and a time of peace. 8a time to love and a time to hate; a time for war and a time for peace.

The Excellence in God's Works

NIV ESV NASB KJV HCSB
9What do workers gain from their toil? 9What gain has the worker from his toil? 9What profit is there to the worker from that in which he toils? 9What profit hath he that worketh in that wherein he laboureth? 9What does the worker gain from his struggles?
10I have seen the burden God has laid on the human race. 10I have seen the business that God has given to the children of man to be busy with. 10I have seen the task which God has given the sons of men with which to occupy themselves. 10I have seen the travail, which God hath given to the sons of men to be exercised in it. 10I have seen the task that God has given people to keep them occupied.
11He has made everything beautiful in its time. He has also set eternity in the human heart; yet no one can fathom what God has done from beginning to end. 11He has made everything beautiful in its time. Also, he has put eternity into man’s heart, yet so that he cannot find out what God has done from the beginning to the end. 11He has made everything appropriate in its time. He has also set eternity in their heart, yet so that man will not find out the work which God has done from the beginning even to the end. 11He hath made every thing beautiful in his time: also he hath set the world in their heart, so that no man can find out the work that God maketh from the beginning to the end. 11He has made everything appropriate in its time. He has also put eternity in their hearts, but man cannot discover the work God has done from beginning to end.
12I know that there is nothing better for people than to be happy and to do good while they live. 12I perceived that there is nothing better for them than to be joyful and to do good as long as they live; 12I know that there is nothing better for them than to rejoice and to do good in one's lifetime; 12I know that there is no good in them, but for a man to rejoice, and to do good in his life. 12I know that there is nothing better for them than to rejoice and enjoy the good life.
NIV ESV NASB KJV HCSB
13That each of them may eat and drink, and find satisfaction in all their toil--this is the gift of God. 13also that everyone should eat and drink and take pleasure in all his toil—this is God’s gift to man. 13moreover, that every man who eats and drinks sees good in all his labor-- it is the gift of God. 13And also that every man should eat and drink, and enjoy the good of all his labour, it is the gift of God. 13It is also the gift of God whenever anyone eats, drinks, and enjoys all his efforts.
14I know that everything God does will endure forever; nothing can be added to it and nothing taken from it. God does it so that people will fear him. 14I perceived that whatever God does endures forever; nothing can be added to it, nor anything taken from it. God has done it, so that people fear before him. 14I know that everything God does will remain forever; there is nothing to add to it and there is nothing to take from it, for God has so worked that men should fear Him. 14I know that, whatsoever God doeth, it shall be for ever: nothing can be put to it, nor any thing taken from it: and God doeth it, that men should fear before him. 14I know that all God does will last forever; there is no adding to it or taking from it. God works so that people will be in awe of Him.
15Whatever is has already been, and what will be has been before; and God will call the past to account. 15That which is, already has been; that which is to be, already has been; and God seeks what has been driven away. 15That which is has been already and that which will be has already been, for God seeks what has passed by. 15That which hath been is now; and that which is to be hath already been; and God requireth that which is past. 15Whatever is, has already been, and whatever will be, already is. God repeats what has passed.

 

Calvin comments:

KJV

1To every thing there is a season, and a time to every purpose under the heaven:

 

New International Version

There is a time for everything, and a season for every activity under the heavens:

 

New American Standard Bible

There is an appointed time for everything. And there is a time for every event under heaven--

 

Contemporary English Version

Everything on earth has its own time and its own season.

 

Good News Translation

Everything that happens in this world happens at the time God chooses.

 

NET Bible

For everything there is an appointed time, and an appropriate time for every activity on earth:

GOD'S WORD® Translation

Everything has its own time, and there is a specific time for every activity under heaven:

 

Douay-Rheims Bible

All things have their season, and in their times all things pass under heaven.

 

Pulpit Commentary

Verses 1-22. - Section 4. In confirmation of the truth that man's happiness depends upon the will of God, Koheleth proceeds to show how Providence arranges even the minutest concernsthat man can alter nothingmust make the best of things as they arebear with anomaliesbounding his desires by this present lifeVerses 1-8. - The providence of God disposes and arranges every detail of man's life. 

 

In human affairs Providence arranges the moment when everything shall happen, the duration of its operation, and the time appropriate thereto. The view of the writer takes in the whole circumstances of men's life from its commencement to its close. But the thought is not, as some have opined, that there is naught but uncertainty, fluctuation, and imperfection in human affairs, nor, as Plumptre conceives, "It is wisdom to do the right thing at the right time

 

And this is Calvin Tan's expanded Translations

There is a time for every thing in Life. Seasonal, Situatonal, Structural & Sensational

Except for Birth & Death which are two events not under our control - rest of the things depand on how we use WISDOM TO DO THE RIGHT THING AT THE RIGHT TIME

 

Since God made the Eartn to be seasonal

Genesis8: 22 While the earth remaineth, seedtime and harvest, and cold and heat, and summer and winter, and day and night shall not cease.

 

ALL COMPANIES WILL RISE OR FALL IN BUSINESS DEPENDING ON THE SEASONS

 

Like a Ski Resort

Its business is at its Best During Winter. So is selling Christmas Greeting Cards. No body buy Christmas Cards in January or June. They only start buying near December 25th every year

 

In our youth we play according to the SEASONS

A time to fly Kite when North-east Monsoon wind is strong

There was a little provision shop near my home

To make Kites we must buy

Papers for Kite making

Bamboo

Strings (lots of it)

 

After Kites season over the little shop will only stock next hot items like

Marbles (marbles season)

Tops (Tops spinning time)

Others fads of the Times.

He adapts his business wisely

And these he cannot

Catching spiders

Playing hide & seek

So he waits out the time by selling normal neccessities until the SEASONS return

Of course today Children no longer play these

THESE ALL LONG GONE

WHY

THERE IS STRUCTURAL CHANGES

Today, selling things to make Kites, Marbles or Tops are NO LONGER POPULAR

CHILDREN HAVE ALL MIGRATED TO PLAY COMPUTER GAMES!!

So New Structural Changes will usher in New Businesses

Other STRUCTURAL CHANGES ARE

THE BUILDING OF NORTH SOUTH HIGHWAY

IT USED TO TAKE 14 HOURS BY BUS FROM PENANG TO SINGAPORE IN YEAR 1979

PASSING THRU TOWNS LIKE TAIPING IN THE NORTH & AYER ITAM IN THE SOUTH

NOW NO MORE. THE NS HIGHWAY BYPASSED THEM

STRUCTURAL CHANGES HAVE MADE THESE TOWNS UNIMPORTANT

AS TIME IS SHORTENED PENANG, KL & SPORE ROSE TO EVEN HIGHER PROMINANCE

 

THEN COMES COVID 19!

WHAT IS THIS?

THIS IS A SITUATIONAL EVENT

IT CHANGES MANY THINGS

SHOPPING MALLS ARE AVOIDED

AIR TRAVEL COLLAPSED

TOURISM INDUSTRY EVAPORATES

RESTAURANTS HALF EMPTY

MILLIONS RETRENCHED

THOUSANDS OF BUSINESSES GOING BANKRUPT

BUT AMONG THE PANDEMIC AROSE NEW DEMAND

SALES OF MEDICAL GLOVES, FACE MASKS, HAND SANITIZERS WILL BE EXPLOSIVE

AS PEOPLE STAY HOME ONLY MEANS OF COMMUNICATION IS THRU ONLINE SPACE

SO ONLINE TECH RELATED COMPANIES WILL DO WELL

MANY CANNOT GO OUT (OR DARE NOT GO OUT)

SO BUYING OFFLINE SHIFTS TO ONLINE * ECOMMERCE PROSPERS

WHAT ELSE?

AS PEOPLE STAY HOME THEY LOOK TO EARN EXTRA INCOME. SO THEY GO INVESTING IN SHARES ONLINE

MANY ARE NEWBIES AND WILL GET SLAUGHTERED BY SYNDICATES

THE RISE OF THE SENSATIONAL

DANGER OF SENSATIONAL THEME STOCKS DRUMMED UP BY DISHONEST COMPANY LEADERS IN CA-HOOT WITH SYNDICATES!!

PLEASE BE WARNED & BE CAREFUL DON'T SIMPLY CHASED HYPED UP HOT STOCKS WHICH ARE FRAUDS!!

YOU HAVE BEEN WARNED

 

THEN HOW?

 

GO FOR SAFE, SOUND INVESTMENTS WITH SOLID FUNDAMENTALS AND REAL DEMANDS

 

FOR TODAY NO MENTION OF ANY PARTICULAR STOCKS

 

PLEASE STUDY YOURSELVES & THEN INVEST CAREFULLY

 

WARM REGARDS

 

CALVIN TAN RESEARCH

 

HOW A NICE DAY

 

AND GIVE THANKS TO GOD

 


https://www.youtube.com/watch?v=M0LfOSlQuj0

 

 

  2 people like this.
 
Heavenexile Thou shall not use the lords wisdom and words in vain
26/07/2020 1:12 PM
calvintaneng The sun rises

The sun sets

There are sunrising industries like

Ecommerce

Internet of things

Others

There are sunset Industries

Large shopping Departmental Stores

While people go shopping online with Savings from 30% to 40% Departmental type of business like Parkson will face sunset
26/07/2020 1:20 PM
calvintaneng Because there are seasons

Night and day cycle

Water cycle
Water falls from sky
River flows down hills
River flows to sea
River evaporates

Wind cycle

These give rise to Cyclical businesses

The seasons and the times will rotate and come back

So things rise and fall in cycles

Timing is of utmost importance

Before winter arrives Bears stock up it's fat body content by eating as much salmon as possible

Bears don't migrate like birds in winter

So it hibernates with a store of fat

But not all survive thru the winter as some froze to death

So in good times companies should save up in case of bad times where they draw down excess cash to wait it out till better times arrive
26/07/2020 1:31 PM
stockraider THE MORALE OF THE STORY IS NEVER NEVER GIVE UP MAH...!!
HAVE DETERMINATION & PATIENCE IN YOUR INVESTMENT LOH..!

Correctloh..! Lu tenguk calvin, bible teaching on investment...everything got season & got flow macam "god will"...macam ini hari lose monies...tapi u mesti must have positive attitude...esok make monies mah...!!

This cycle macam god will mah....!!
Something like WTK loh...!

Posted by calvintaneng > Jul 26, 2020 1:20 PM | Report Abuse

The sun rises

The sun sets

There are sunrising industries like

Ecommerce

Internet of things

Others

There are sunset Industries

Large shopping Departmental Stores

While people go shopping online with Savings from 30% to 40% Departmental type of business like Parkson will face sunset

Posted by calvintaneng > Jul 26, 2020 1:31 PM | Report Abuse

Because there are seasons

Night and day cycle

Water cycle
Water falls from sky
River flows down hills
River flows to sea
River evaporates

Wind cycle

These give rise to Cyclical businesses

The seasons and the times will rotate and come back

So things rise and fall in cycles

Timing is of utmost importance

Before winter arrives Bears stock up it's fat body content by eating as much salmon as possible

Bears don't migrate like birds in winter

So it hibernates with a store of fat

But not all survive thru the winter as some froze to death

So in good times companies should save up in case of bad times where they draw down excess cash to wait it out till better times arrive
26/07/2020 3:41 PM
10KaDay Really enjoy your writing. Thank you for sharing.
God bless. :)
26/07/2020 4:15 PM
Heavenexile For as the rain comes down, and the snow from heaven, and do not return there, but water the earth, and make it bring forth and bud, that it may give seed to the sower and bread to the eater, so shall My word be that goes forth from My mouth; It shall not return to Me void, but it shall accomplish what I please, and it shall prosper in the thing for which I sent it

Isaiah 55:10 - 11

Hope the messages is as intended by the lord
26/07/2020 6:03 PM
Heavenexile Therefore, beloved, looking forward to these things, be diligent to be found by Him in peace, without spot and blameless; and consider that the longsuffering of our Lord is salvation—as also our beloved brother Paul, according to the wisdom given to him, has written to you, as also in all his epistles, speaking in them of these things, in which are some things hard to understand, which untaught and unstable people twist to their own destruction, as they do also the rest of the Scriptures

Anything else would lead to destruction. I didn’t say it, I merely quote from the bible
26/07/2020 6:05 PM
msiaboleh Jabez said "Oh,that You may bless me and enlarge my territory".
27/07/2020 6:15 PM
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ Stock: [NETX]: NETX HOLDINGS BHD

Jul 23, 2020 6:10 PM | Report Abuse

WAHAHA!!!

NETX SUPER FANTASTIC RESULT OUT

FORWARD P/E NOW 2.5 ONLY

BEATING ALL TECH STOCKS LIKE PENTA, INARI, UWC, FRONKEN, GREATEC ALL HANDS DOWN!!

NUMBER ONE CHAMPION IN EARNINGS

NETX GO GO GO!!!
30/07/2020 8:44 AM

HL RUBBER INDUSTRIES (0188) OR HLT GLOBAL 55% SUB - THE ONLY GENUINE MEDICAL EXAM GLOVE PRICED BELOW ONE RINGGIT IN KLSE

Author: calvintaneng   |  Publish date: Fri, 24 Jul 2020, 9:42 AM


Hi guys

See Reposted from HLT Forum

 

 

calvintaneng Keep in mind

MALAYSIA HAS ONLY 8 LISTED RUBBER GLOVE PLAYERS

4 MAJOR ONES CROSSED RM15 TO RM27 HIGH UP THE SKY IN PRICES

TWO MORE NOT CHEAP AS RUBBEREX CAPPED BY NEW OWNER & COMFORT OVER RM4.00

SO?

SO ONLY 2 GENUINE MEDICAL EXAM GLOVE STOCKS LEFT

CAREPLUS & HLT (HL RUBBER)

ONLY 2 LEFT AND NO MORE

AND SINCE THEY ARE BOTH LAGGARDS THE POTENTIAL TO RISE IS GOOD

GET YOUR HANDS ON THEM AND HOLD TIGHTLY

ONCE LET GO YOU GOT NO MORE CHANCE TO OWN ANY CHEAP BARGAIN MEDICAL GLOVE STOCKS ANYMORE

REGARDS

CALVIN

AND MORE

HL RUBBER INDUSTRIES (0188) IS THE ONLY MEDICAL EXAM GLOVE STOCK STILL BELOW RM1 RINGGIT

IN USA CURRENCY ONE RINGGIT IS NOT EVEN US 25 SEN

IN ONLY WARREN BUFFET KNOWS

WHY?

ANSWER: BECAUSE MALAYSIA MEDICAL EXAM GLOVES IN HOT DEMAND WORLDWIDE

AND WARREN BUFFET LIKE STOCKS THAT SELL TO WHOLE WORLD LIKE COCA COLA, WRIGLEY CHEWING GUM & OTHERS.

YES HL RUBBER HAS A 7.8 BILLION MARKET
24/07/2020 9:34 AM
calvintaneng Keep in mind

MALAYSIA HAS ONLY 8 LISTED RUBBER GLOVE PLAYERS

4 MAJOR ONES CROSSED RM15 TO RM27 HIGH UP THE SKY IN PRICES

TWO MORE NOT CHEAP AS RUBBEREX CAPPED BY NEW OWNER & COMFORT OVER RM4.00

SO?

SO ONLY 2 GENUINE MEDICAL EXAM GLOVE STOCKS LEFT

CAREPLUS & HLT (HL RUBBER)

ONLY 2 LEFT AND NO MORE

AND SINCE THEY ARE BOTH LAGGARDS THE POTENTIAL TO RISE IS GOOD

GET YOUR HANDS ON THEM AND HOLD TIGHTLY

ONCE LET GO YOU GOT NO MORE CHANCE TO OWN ANY CHEAP BARGAIN MEDICAL GLOVE STOCKS ANYMORE

REGARDS

CALVIN

AND MORE

HL RUBBER INDUSTRIES (0188) IS THE ONLY MEDICAL EXAM GLOVE STOCK STILL BELOW RM1 RINGGIT

IN USA CURRENCY ONE RINGGIT IS NOT EVEN US 25 SEN

IN ONLY WARREN BUFFET KNOWS

WHY?

ANSWER: BECAUSE MALAYSIA MEDICAL EXAM GLOVES IN HOT DEMAND WORLDWIDE

AND WARREN BUFFET LIKE STOCKS THAT SELL TO WHOLE WORLD LIKE COCA COLA, WRIGLEY CHEWING GUM & OTHERS.

YES HL RUBBER HAS A 7.8 BILLION MARKET
24/07/2020 9:34 AM
  Be the first to like this.
 
calvintaneng Fantastic result for Careplus

Next will be fantastic result for Hlt as well
24/07/2020 10:50 PM
10KaDay Calvintaneng, Monday will open much higher then Friday closing?
26/07/2020 4:57 PM
10KaDay Calvintaneng, I just sold HLT not knowing its full potential.
Gosh.... now im thinking to buy back (at slightly higher then my sold price). :\
26/07/2020 4:58 PM
calvintaneng Careplus has pierced thru Rm3.00 barrier and Hlt going to hit thru the Roof of Rm1.00 soon
27/07/2020 5:31 PM
10KaDay Yes. Loaded Carepls already.
Now will load some Hlt upon small correction.

Today im happy with Kossan and Karex too...

But im puzzled why Supermx and harta is moving slow unlike the usual trend.
27/07/2020 6:37 PM


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 NameLastChange 
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