Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Sun, 20 Jan 2019, 12:51 PM

 

THE SHRINKING WORLD OF LIQUIDITY & ASSETS DEFLATION WORLDWIDE, Calvin Tan Research

Author:   |    Publish date:


Dear Friends of i3 Forum,

 

After The Rise of Donald Trump the US has raised trade barriers, immigration barriers & the strength of the US Dollar as a "safe" haven.

It was QE1, QE2 & QE3 that pumped cheap money into the World system. As a result of these Almost "Free Printed Monies" Funds from USA has gone round the earth inflating all Assets including Shares, Bonds, Real Estates, Gold, Collectibles & art pieces.

Now that FED is calling off QE and raising Interest rates there is a mass withdrawal of liquidity back to the USA - thus causing a worldwide deflation of assets including shares,bonds and real estate prices of practically all countries without exception.

Here in Malaysia the PH Govt is facing Cash constrain due to the perceived Rm1 Trillion Debt. Construction of ECER, HSR have been cancelled or postponed. Contracts awarded are called back or scale down - leading to very weak share prices for construction companies & construction material companies are even hit harder

 

Like a Dry Desert Land The POOL OF LIQUIDITY IS SHRINKING ^ SHRINKING DAILY LEADING TO LOWER AND LOWER SHARE PRICES FOR MANY COUNTERS

THE HARDEST HIT WILL BE THOSE THAT OVER EXPANDED, OVER BORROWED & OVER LEVERAGED - ESPECIALLY BY MARGINS

AND THE SAFEST ARE THOSE COMPANIES THAT HAVE HIGH CASH OR HIGH NET ASSET HOLDINGS THAT ARE LIQUID

BETTER STILL IF THEY GIVE OUT GOOD DIVIDENDS!

 

See the Example of An Oasis in A Desert

 

Image result for oasis in a desert picture

 

 

 

 

And see where there is no liquid (liquidity)

Image result for bone dry desert bleaching bone

 

 

SO IT IS OF UTMOST IMPORTANCE THAT YOU SHOULD AVOID BUYING INTO OVER LEVERAGED & OVER EXTENDED COMPANIES IN TIMES LIKE THESE

COMPANIES IN DEBT DISTRESS WILL FIND IT HARDER TO BORROW AS BANKS TOO WILL BE STRINGENT

THE LAST RESORT WILL BE ASSETS DISPOSAL (IF ANY) OR CASH CALL BY RIGHTS ISSUE

 

THE BEST IS TO GO DEFENSIVE

 

THE POOLS OF WATER LIKE OASIS IN A DESERT THESE CASH RICH COMPANIES WILL SURVIVE & THRIVE

 

WARM REGARDS

 

Calvin Tan

Jurong, Singapore

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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calvintaneng Posted by TheContrarian > Dec 15, 2018 04:56 PM | Report Abuse

Buy Dutaland?

I just bought at 45 sen

SO HAPPY!!!
15/12/2018 17:02
Alex™ My ksl also game ball
15/12/2018 17:02
calvintaneng Posted by CharlesT > Dec 15, 2018 04:59 PM | Report Abuse

Sounds logical this article

Yes. Next year if Donald didn't sort out with China

Recession might come for all

If trade war averted then Ok
15/12/2018 17:03
calvintaneng Posted by Alex™ > Dec 15, 2018 05:00 PM | Report Abuse

Gooding Calvin bro... Buy buy buy~


Alex™
11102 posts
Posted by Alex™ > Dec 15, 2018 05:01 PM | Report Abuse

Calvin bro... My Knm game ball d.. Why I so noob?

Posted by Alex™ > Dec 15, 2018 05:02 PM | Report Abuse

My ksl also game ball

KNM Speculative. Better avoid

Ksl is so so only as House loan now very stringent

Can sell but hard to get Bank loans
15/12/2018 17:05
CharlesT Ksl is so so coz u can hardly make money fm the boss...

Just like osk
15/12/2018 17:18
Fabien Extraordinaire To add further on Calvin's criteria:

1) High net cash - 30-40% of market capitalisation
2) Strong liquid assets
3) Strong balance sheets - massive discount to book value
4) Strong FCF generation - FCF yield above 4%, higher than risk free yield
5) High dividend yield - strong FCF will support its dividend payment
6) Reasonable valuation with good earnings prospect
7) Undervalued relative to its earning power
8) Good management

Generally, reshuffling portfolio towards increased defensiveness. I have bought the following stocks
1) Hong Leong Industries
2) Oriental
3) Focus Lumber
4) Favelle Favco
15/12/2018 17:31
calvintaneng Flb is good.
I made some good money from it
Eksons also very good
15/12/2018 17:48
calvintaneng Rock solid and Cash rich are these

1.Eksons
2. TA ENTERPRIZE
3. DUTALAND
4. ECS ICT
5. CSCSTEEL
15/12/2018 18:40
FamousAmos Tan End how about bonia , Wtk , Mui , Bjcorp those you hardsell a lot last time
15/12/2018 21:25
anticonman No answer meaning already cut loss? Why you miss out MRCB, CBIP, MP Corp and many more?

FamousAmos Tan End how about bonia , Wtk , Mui , Bjcorp those you hardsell a lot last time
15/12/2018 21:25
15/12/2018 21:36
FamousAmos He will tell you how much he made at xyz again and not going to tell you how much he lost at abc
15/12/2018 22:01
calvintaneng Hahaha

MUI BHD IS GREAT
SO IS BJ CORP
BONIA NOW UNDERVALUE
SO IS CBIP, KWANTAS, TDM AND JTIASA AND WTK
I STILL HOLDING MP CORP AS WELL AS GSB AND OPCOM
MRCB IS ALSO UNDERVALUE

SO I AM GETTING READY TO BUY MORE ON FURTHER WEAKNESS

NOW Don't FORGET THESE ONES

DUTALAND GOT 5 SEN DIVVY COMING
TA VERY CHEAP
EKSONS SELLING BELOW NET CASH
ECS ALSO GIVE GOOD DIVIDEND AS WELL AS CSCSTEEL

SO MANY GOOD DEFENSIVE STOCKS TO BUY

HOHOHO!!!
15/12/2018 22:21
calvintaneng And don't leave out these Great chun chun calls

Padini at Rm1. 60
Super Enterprize at rm1. 28. Taken private at rm3. 80 for 200% upside
Pohuat at 40 sen after split
Super max at rm1. 60
Wangzng at 75 sen
Weida at rm1. 35
Tmakmur at rm1. 38
TheStore at rm2. 50
Kulim also at rm2. 50
Opcom at 35 sen. Went double limit up
GSB at 9 sen. Told all to sell at 20 sen

Hohoho

AND many many more....

Good night
15/12/2018 22:30
calvintaneng Extra extra

Chun chun buy call for Drb hicom at 92 sen

Drb up 200% to over RM2. 70

Hohoho!!!

Also Jaks at 40 sen. Told all to sell Jaks above RM1. 00
15/12/2018 22:32
calvintaneng Also Kpscb?

AND Cari in or currymee which belated Uncle Koon now only wake up to chase?

Wahaha!
And Hohoho!!!
15/12/2018 22:34
Patron ^ see I told you
16/12/2018 00:36
joetay7 Post removed. Why?
16/12/2018 01:16
JoyceTanEng Dear Tan Eng

Total Debt to Enterprise Value

BJCORP 0.66
JTIASA 0.61
BONIA 0.28

eh ...
16/12/2018 01:35
calvintaneng Joycee

They are all backed by Assets of colossal value
16/12/2018 09:15
FamousAmos Tan End christian is like the Pakatan government. He the almighty is always right.
16/12/2018 09:30
calvintaneng Right or wrong?

Bring out your reasons substantiated by facts and figures.

Every prudent person deals with knowledge

Since today is the LORD'S DAY

Time to visit www.chick.com
16/12/2018 09:40
i3lurker The Strongman aka Calvintaneng has defamed the Lord Our Gord by choosing a Holy Day being a Sunday to twist and turn

Matthew 25:14–30

The Strongman is Telling you to choose the Third Servant who hid his money. Companies with lots of cash had hidden their talents.

It is by this small twisting of Biblical facts that the Strongman's objectives of defaming the Bible and promoting disobedience to the Lord your God is done.

Obey God and say Good Bye to the Strongman.

Turn and do not look back otherwise you will be turned to salt.
16/12/2018 09:55
calvintaneng Good.
Thank you SS Loh for clicking "likes"
16/12/2018 09:57
calvintaneng i3lurker?

Let Calvin expose his sinister design

See the definition of Lurker

"LURK"

verb (used without object)
to lie or wait in concealment, as a person in ambush; remain in or around a place secretly or furtively.
to go furtively; slink; steal.
to exist unperceived or unsuspected.

A lurker is one who lie or wait in ambush

Intention is to "steal" something or catch unsuspecting prey

and try to "conceal his evil intention"

In the Bible he is the Satan

Also lurk like a Lion

See


English Standard Version
Be sober-minded; be watchful. Your adversary the devil prowls around like a roaring lion, seeking someone to devour.

So i3lurker the satan in i3 forum prowls around to catch some sorchai

ALL MUST TAKE HEED!!!
16/12/2018 10:23
moneykjtwin Let Calvin expose his sinister design ...his ku ku chiou!
16/12/2018 10:28
calvintaneng i3lurker?

Let Calvin expose his sinister design

See the definition of Lurker

"LURK"

verb (used without object)
to lie or wait in concealment, as a person in ambush; remain in or around a place secretly or furtively.
to go furtively; slink; steal.
to exist unperceived or unsuspected.

A lurker is one who lie or wait in ambush

Intention is to "steal" something or catch unsuspecting prey

and try to "conceal his evil intention"

In the Bible he is the Satan

Also lurk like a Lion

See


English Standard Version
Be sober-minded; be watchful. Your adversary the devil prowls around like a roaring lion, seeking someone to devour.

So i3lurker the satan in i3 forum prowls around to catch some sorchai

ALL MUST TAKE HEED!!!

Further note:

i3lurker has openly stated without shame that he bought Jaks at 43.5 sen for 20,000 shares (He is so stupid to lose Rm80,000 in Sendie)

Now on Monday he hopes to sell to some "sorchai" who will bid up Jaks for him to sell. Don't fall into his trap. Best is to sell all Jaks and dump to him above 40 sen
16/12/2018 10:29
i3lurker the Word is written

Matthew 25:14–30

Obey God and turn away from the Strongman

the Word defines the Strongman as Satan himself.

if you are ever unsure of anything or any aspect of your investment, refer to the Bible

Invest according the Word.

and the Word says ====> Matthew 25:14–30

Obey God and whether you are prosperous or not also Give Thanks To The Lord Your God.

Titus 3:2
to malign no one, to be peaceable, gentle, showing every consideration for all men.

The Strongman promotes slander by showing it by example himself.

REPEAT ====> Invest according the Word. Matthew 25:14–30

and should you not be prosperous, also Give Thanks to the Lord Your God.

AMEN
16/12/2018 10:45
FamousAmos Talk east talk west but competition result like shit. Niasing
16/12/2018 11:00
calvintaneng Competition?

See these stocks

Opcom
Dutaland
Bj Corp
Pba
Bpuri

Just calculate from Jan 1st 2018 till December 2018 and see how these 5 stocks perform for the year although they are not in year 2018 stock challenge

Value stocks came out bottom for year 2017

For year 2018 go study these value stocks. Will they be bottom again or not?
16/12/2018 11:40
FamousAmos How Long u have been holding ? How much is ur cost ? How much u bought ? Of coz you won’t tell us la! Just recommend 100 over stocks and hold for 10 years with 10 lots each. Show the winning stocks and ignore the losing stocks. What a prick. Go back to your country.
16/12/2018 11:45
calvintaneng Then you go and study lor
Read through Calvin's more than 20,000 posts and check them out one by one hor

So easy for everyone who wants the truth
Hohoho
16/12/2018 11:49
FamousAmos ^ Stupid pedophile trying to avoid my questions again
16/12/2018 11:56
calvintaneng Exactly
Amos the peodopile has confessed
Now go read www.chick.com
16/12/2018 12:25
calvintaneng Good evening all

THE direction of the market now is uncertain

1. If Donald Trump and China could avert trade war then for year 2019 market should see a rebound

2. If trade negotiation failed then we might see a recession in 2019

So please invest very defensively and avoid greed.
16/12/2018 19:59
calvintaneng Good morning

One of very cash rich plus highest dividend share is Dutaland now

Dutaland is 45 sen
It has more than 70 sen net cash. Its Nav is now over RM1. 50

Above all Dutaland will be giving out a nice special 5 sen dividend in 6 months time

That means 11% in 6 months or annualised is a very nice 22%

While so many counters are faced with financial constraint and asking for cash by RI Dutaland is giving out cash instead
17/12/2018 08:39
Choivo Capital What if the recession is inflationary instead of deflationary ;)

That would be an interesting scenario.
17/12/2018 08:44
calvintaneng Stagflation?
17/12/2018 08:58
enning22 Dutaland- con-artist stock/game ,better stay away far far away.data /info could be all fake
17/12/2018 15:48
apolloang fake your your own conspiracy teory? better than u buy presbhd,sapnrg or even VS.....butaland is just a slow moving tortoise and not so risky
17/12/2018 16:02
joetay7 Post removed. Why?
17/12/2018 23:05
joetay7 vs industries can look at if price is rite, the rest, forget it.

Posted by apolloang > Dec 17, 2018 04:02 PM | Report Abuse

fake your your own conspiracy teory? better than u buy presbhd,sapnrg or even VS.....butaland is just a slow moving tortoise and not so risky
17/12/2018 23:05
apolloang in 1997-1998 many counters kena PN 17,those were high flyers,newly listed 2nd board stocks with no experience,no reserves,empty shelf companies and hefty losses/heavy debts companies too. so beware this kinda stocks,mostly masdaq stocks.so if u holding companies that not in that categories mean likely u are safe.even the price down u also can sleep well or can even buy more and more.
17/12/2018 23:20
joetay7 my favorite r uem and renong.

many retailers burnt badly.

lol..............

Posted by apolloang > Dec 17, 2018 11:20 PM | Report Abuse

in 1997-1998 many counters kena PN 17,those were high flyers,newly listed 2nd board stocks with no experience,no reserves,empty shelf companies and hefty losses/heavy debts companies too. so beware this kinda stocks,mostly masdaq stocks.so if u holding companies that not in that categories mean likely u are safe.even the price down u also can sleep well or can even buy more and more.
17/12/2018 23:22
Alex™ apollo ah, my knm naik kereta d.....why~ next is aemulus~
17/12/2018 23:26
apolloang I make from uem,renong missed out on the 4 for 1 rights isuue,that day should also make a lot from it
17/12/2018 23:28
joetay7 many made on uem and renong pre-1997. those that bot after really burnt until char.

thats why i only buy large on safe stocks vital to the economy in any downturn.

lol......

Posted by apolloang > Dec 17, 2018 11:28 PM | Report Abuse

I make from uem,renong missed out on the 4 for 1 rights isuue,that day should also make a lot from it
17/12/2018 23:36
apolloang penny stocks also can make a lot just don't pick the bad apples,avoid big losses and heavy debt companies.in 1998 I bought MCL at 50-60cts and sold at 3.00-5.00.MCL now still around as jerasia
17/12/2018 23:53
calvintaneng Joetay is so dumbo

See Calvin buy call for GSB at 11 sen

https://eaglevisioninvest.com/gsb-the-laggard-property-stock-is-coming-alive-see-latest-photos-of-g-residence-calvin-tan/
18/12/2018 00:30
calvintaneng So Calvin called to buy Gsb at 9 sen to 11 sen

Calvin called for a strong sell on Gsb at 22 sen

Stubborn stiff necked Demusangking went against my advise and bought Gsb at 22 sen. He suffers 35% or more losses in just weeks

Never listen so stubborn
18/12/2018 08:53
joetay7 Post removed. Why?
18/12/2018 13:56


 

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