Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

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

 

THE PROBLEM OF 3iii IS HE HAS TUNNEL VISION IN INVESTMENT (HE CANNOT SEE WHAT OTHERS SEE)

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HI GUYS.

3iii MAIN PROBLEM IN INVESTMENT IS THIS

HE HAS TUNNEL VISION.

OUT OF 6 CATEGORIES OF STOCKS 3iii CAN ONLY SEE SLOW GROWTH STOCKS LIKE PADINI, DUTCHLADY AND A FEW OTHERS

SINCE HE CAN ONLY SEE ONE LIMITED VIEW WE CALL TUNNEL VISION HE GOES ROUND CONDEMNING OTHERS WHO CAN SEE

 

LOOK AT THE PICTURE BELOW

 

An external file that holds a picture, illustration, etc.
Object name is maj-348-403-g001.jpg

SEE THE TWO PHOTOS ABOVE

THE ONE ON TOP HAS FULL VISION WHILE THE ONE BELOW HAS TUNNEL VISION

 

A PERSON WHO HAS TUNNEL VISION CANNOT SEE THE 4 SIDES OF ENCLOSURES WITH RED, GREEN, YELLOW & BLUE

 

HE SEES ONLY HALF THE IMAGE OF THE BALLS

 

SO 3iii CAN ONLY SEE SLOW GROWTH STOCKS ALL HIS LIFE

 

CYCLICALS, TURNAROUNDS & ASSET PLAY STOCKS HE CAN NEVER SEE NOR UNDERSTAND

HE CONDEMNED SIFU RAIDER FOR BUYING ARMADA WHICH IS A TURNAROUND

 

HE CONDEMNED ALL THE ASSET PLAY STOCKS LIKE PM CORP LAST TIME

 

NOW HE CONDEMNS THE CYCLICAL STOCK CALLED NETX

 

WHY LEH?

 

ANSWER:

 

3iii HAS TUNNEL VISION

 

AS SUCH HE IS LIKE A BLIND PERSON TEACHING OTHERS HOW TO SEE

 

BETTER AVOID 3iii AT ALL COST

 

IF THE BLIND LEADS THE BLIND BOTH WILL FALL INTO A DITCH

 

 

 

One Up on Wall Street’: Peter Lynch’s 6 Categories of Stocks

 

As we might expect, finding a great company does not mean you should rush out and buy it. In chapter seven of "One Up on Wall Street," Peter Lynch said buying a stock without research is like playing poker without looking at the cards. Just because Dunkin’ Donuts (NASDAQ:DNKN) is always busy doesn’t flip on an automatic buy signal:

“What you’ve got so far is simply a lead to a story that has to be developed. In fact, you ought to treat the initial information (whatever brought this company to your attention) as if it were an anonymous and intriguing tip, mysteriously shoved into your mailbox.”

A good entry point for getting more details about the story comes from knowing what category of stock you are considering. There are, however, a few things to consider first. 

Watch sizes

Pampers diapers, from Proctor & Gamble (NYSE:PG), was a runaway marketing success in the 1970s. But if you spent literally just a couple of minutes studying the company’s profile, said Lynch, you would discover Pampers’ earnings contributed only a small amount of its overall earnings.

Further, he argued, big companies don’t experience big price moves, despite the success of popular products. In his words:

“The size of a company has a great deal to do with what you can expect to get out of the stock.”

If you want 10-baggers, you need to look to smaller companies. Don’t expect big price growth in big companies unless there is a special situation of some sort, such as major corporate turnaround.

Lynch’s categories

With that, Lynch launches into an outline of his well-known stock categories to help investors more quickly identify what they are buying or want to buy.

Slow growers (sluggards)

These are “large and aging” companies that were once fast growers but have since fallen back for any number of reasons. In Lynch’s words, they “pooped out.” Often, they are companies in an industry that has lost momentum, and their charts resemble the topographical map of Delaware: simply flat. Not that these stocks should be overlooked—they often pay generous dividends.

Medium growers (stalwarts)

“These multibillion-dollar hulks are not exactly agile climbers, but they’re faster than slow growers.” Lynch expected stalwarts to deliver gains of 30% to 50%, after which he would sell them and find new, undervalued issues. He also expected annual earnings growth of 10% to 12% and liked to keep some stalwarts in his portfolio because they offer defensive protection during market slumps: “You know they won’t go bankrupt, and soon enough they will be reassessed and their value will be restored.”

Fast growers

These favorites of Lynch are “small, aggressive new enterprises that grow at 20 to 25 percent a year.” This is the category to explore if you want to find 10- to 40-baggers, and perhaps even more. According to Lynch, fast-growing companies may be part of fast-growing industries, but he preferred fast growers in a slow-growth industry. Examples from his time included Marriott International Inc. (NASDAQ:MAR), which had been able to grow 20% annually while the hotel industry grew at just 2%. Among the winning stories were retailers that learned to succeed in one place and then duplicate their formula: Walmart (NYSE:WMT), The Gap (NYSE:GPS) and Yum Brands' (NYSE:YUM) Taco Bell.

Cyclicals (3III CANNOT SEE CYCLICALS) HE CALLS ALL CYCLICALS GRUESOME

“A cyclical is a company whose sales and profits rise and fall in regular if not completely predictable fashion.” In contrast to fast growers, cyclical industries expand and contract, almost continually. Some examples include the auto, airline and steel industries. Cyclical stocks do well as economies come out of recession and begin to expand.You can, however, also lose half your investment if you buy in the wrong part of the cycle. Lynch calls them the “most misunderstood” type of stocks. As large and well-known companies, they are often confused with stalwarts. People who work in cyclical industries have an edge over other investors.

Turnarounds (3III CANNOT UNDERSTAND TURNAROUNDS) HE CALLS ALL TURNAROUNDS GRUESOME

“These aren’t slow growers; these are no growers.” Lynch said turnaround companies are “battered, depressed and often can barely drag themselves into Chapter 11.” If they survive and fix their problems, however, they can rebound very quickly and stock prices are least related to the overall market. One of Lynch’s favorites in this category was Chrysler (now Fiat Chrysler (NYSE:FCAU)); it was also a cyclical stock, although that aspect was not as pronounced. From the time he bought in 1982, it became a five-bagger in two years and 15-bagger in five years. He found many opportunities among these temporary losers.

Asset plays (3III IS TOTALLY BLIND TO ALL ASSET PLAYS) HE CALLS ALL ASSET PLAYS GRUESOME

This could be “any company that’s sitting on something valuable that you know about, but that the Wall Street crowd has overlooked.” Lynch said these are situations in which a local edge provides the greatest advantage. One example was the Pebble Beach golf course, once public but bought out for $72 million. A day after buying it, the new owner sold a gravel pit on the same property for $30 million. There were (and are) many hidden or not-so-hidden assets in many companies and industries; investors should start by looking for cash on the books.

Upward and downward mobility

As well as being able to occupy more than one category at a time, Lynch wanted to remind us that companies move in and out of categories quite readily. For example, high-flying growth stocks often run out of room and become sluggards or stalwarts:

“From Dow Chemical to Tampa Electric, the highfliers of one decade become the groundhogs of the next.”

Also among the category-movers: growth companies that “diworsify” and lose the market’s interest; that makes them potential turnarounds.

Applying this information

Lynch advised against maxims that urge you to sell when you hit certain profit or time markers; these include: “sell when you double your money” and “sell after two years.” Obviously, such maxims make it far harder to score multi-baggers. Yet, in the medium growth category, he said he would sell after gaining 30% to 50%, suggesting different targets for different categories, but not delineated here.

The first step toward using the information in this chapter is to determine which category your stock is in, or in which category you should be looking. As noted, there are slow growth, medium growth, fast growth, cyclicals, turnarounds and asset plays. He ends the chapter with these words:

“Putting stocks in categories is the first step in developing the story. Now at least you know what kind of story it’s supposed to be. The next step is filling in the details that will help you guess how the story is going to turn out.”

Conclusion

Lynch became well known for his categories. For investors, categorization is not an end in itself—it is a way to get started in the right area of the market.

He built his reputation on finding opportunities in several categories, but above all in the fast growth category, where the opportunities for 10-baggers and more are most commonly found. Investors of today can still use these categories to orient themselves and their portfolios.

This is an example of a Peter Lynch chart, showing Apple Inc. (NASDAQ:AAPL); Lynch said that when the stock price (green line) dipped well below the earnings line (blue line) it was time to consider buying (and selling when the price line gets well above the earnings line). This chart has a five-year timeline. For information on creating these charts, see this article.

 

3iii  THINKS HE IS SO CLEVER REJECTING ALL OTHERS EXCEPT HIS VERY FEW AND NARROW GROUP OF SLOW GROWTH STOCKS & CALL ALL OTHERS GRUESOME

 

IN ACTUAL FACT HE HAS A GRUESOME DISTORTED OPPINIONATED WORLD VIEW WITH TUNNEL VISION

 

3iii IS GRUESOME INDEED!!!

 

STAY AWAY PLEASE.

 

 

 

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calvintaneng 3III THINKS HE IS SO CLEVER BECAUSE HE SEES IN HIS OWN WORLD VIEW WITHOUT RESPECT TO OTHERS

HE THINKS PEOPLE SHOULD BE HUMBLE AND LISTEN TO HIM

WHY HE HIMSELF BE A LITTLE HUMBLE TO LEARN FROM OTHERS?

HE ACTS LIKE HE KNOWS ALL IN HIS FROG WORLD VIEW

SEE

https://www.google.com/search?q=FROG+IN+THE+WELL+PICTURE&tbm=isch&source=univ&sa=X&ved=2ahUKEwjtidzgxpfmAhVWbysKHevOA9gQsAR6BAgHEAE&biw=1920&bih=937#imgrc=EkY0pYS5S-PouM
03/12/2019 2:09 AM
calvintaneng Dutchlady has growth constrain as its market has reached saturation over the years

If you read Robert Kuok memoirs then you will understand how he described his sugar business in Malaysia

He said like a fish growing in a small pond like Malaysia his business will soon outgrow it.

So since the fish cannot swim horizontally it tries to swim downward but again the pond is also too shallow if he wants to swim down and will soon hit the floor

Since Malaysia is a limited market he has to move out to Hong Kong to grow.

Dutchlady is such a company now like a big fish in a small pond

AT least at that time Robert Kuok has Govt support and Govt controlled sugar manufacturing license

BUT for dutchlady there is no moat. Any Tom, dick or Harry can set up milk manufacturing business in Malaysia in a well sarurated market

Lately, Govt has raised tax on sugar to help Malaysia to be a healthier nation and F&n has diverted to milk. This is head on collision with Dutchlady


To be continued.....
03/12/2019 11:12 AM
calvintaneng Dutchlady has another very formidable competitor in Nestle

This big fish is even growing bigger than dlady

Nestle is undercutting dlady prices in a fierce battle for market share.

Nestle has the champion Milo which millions of Malaysians love and grow up on. As an extension of their love for nestle Milo there will be drawn to nestle milk as well

Then there is good day milk

Older generations are dream to healthy milk like Anlene as made famous by Datuk Michelle Yeoh

Fern milk from NZ rich and tasty

Taiwan bubble milk tea has also captured a huge slice of the market

Then there are advocates against animal cruelty by changing from cow milk to soya milk

So Dlady having no moat is now facing a suturated old and slow market where growth is difficult

Another problem is cost

While market share decrease cost of doing business is increasing

Malaysia will gradually raise minimum wage.

High electricity and petrol also impact on dlady bottom lines. See unsold Inventories of milk must be kept in cold refrigeration

Tenaga has just reported fantastic result

Partly contributed by Dutch lady

So better sell dlady and switch to tnb OR BETTER STILL BUY NETX
03/12/2019 11:13 AM
stockraider REMEMBER LESS THAN 3 MTHS AGO RAIDER TAKE ON 3iii BET....TODAY U CAN SEE HOW UNDERPERFORMANCE OF DLADY V INSAS LOH...!!

THE LESSON OF THE STORY DO NOT CHASE OVERVALUE STOCKS...DLADY IS A GOOD EXAMPLE OF THIS FOLLY LOH....!!

Posted by stockraider > Sep 20, 2019 10:49 AM | Report Abuse X

Ok your bet is on loh...!!

Dlady Rm 58.10 v Insas Rm 0.815 loh...!!

Posted by 3iii > Sep 20, 2019 10:28 AM | Report Abuse

BMW versus Perodua This is a stupid example.


This is a better example:
DLady versus Insas

Over the next 10 years, which of these companies will grow your investment more?
03/12/2019 11:15 AM
calvintaneng WHAT 3iii BUYS ARE BASICALLY STALWARTD

SEE WHAT PETER LYNCH SAY ABOUT STALWARTS

Medium growers (stalwarts)

“These multibillion-dollar hulks are not exactly agile climbers, but they’re faster than slow growers.” Lynch expected stalwarts to deliver gains of 30% to 50%, after which he would sell them and find new, undervalued issues. He also expected annual earnings growth of 10% to 12% and liked to keep some stalwarts in his portfolio because they offer defensive protection during market slumps: “You know they won’t go bankrupt, and soon enough they will be reassessed and their value will be restored.”


READ AGAIN

Lynch expected stalwarts to deliver gains of 30% to 50%, after which he would sell them and find new, undervalued issues


LYNCH SAID AFTER STALWARTS HAVE GAINED 30% TO 50% HE SHOULD SELL THEM AND FIND NEW ONES

SO CANNOT FALL IN LOVE LIKE HOLDING DUTCHLADY UNTIL IT GREW INTO HOLLAND GRANDMA

BUT THE DAMNABLE THING IS TO TELL PEOPLE TO BUY DLADY AT RM76.00

THAT WILL DESTROY A LOT OF WEALTH FROM PEOPLE WHO DON‘T STUDY PETER LYNCH
03/12/2019 11:17 AM
calvintaneng Very good

Sifu Stockraider is current

3iii is not.

3iii is just a relic
03/12/2019 12:31 PM
calvintaneng 3iii still gapoh in Netx forum

His dlady now disintegrating apart
04/12/2019 2:26 PM
calvintaneng All the overvalued blues chip now on chopping board
04/12/2019 2:27 PM
calvintaneng Dlady still crashing
05/12/2019 11:34 AM
calvintaneng Today like every other day 3iii neglects his dlady but go Netx to be a busy body

So sell Dlady and buy Netx is best
06/12/2019 2:05 PM
calvintaneng What is a turnaround?

A turnaround is a stock that has seen good times before but got hit badly along the way.

It has fallen out of the radar of investors "because earnings have fallen into pitiful state

BUT Management is doing its very best to turnaround the company by selling assets to pare down debts

To see what can be done to unlock value

Example is Talam Transform

It's debts have been pared down and soon it will turn around into debt free status when Seroja Apts are sold to further clear off remaining debts

Then Talam might be able to resume dividend

Once Market sees it clearly Talam share price will rebound
07/12/2019 11:39 AM
calvintaneng Post removed. Why?
07/12/2019 6:30 PM
calvintaneng See
3iii whole day not here
Where is 3iii?
07/12/2019 8:11 PM
calvintaneng Post removed. Why?
07/12/2019 8:50 PM
calvintaneng Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart) > Dec 8, 2019 10:27 PM | Report Abuse

Those who bought NetX during the bull phase due to calvin of calvin tan research of singapore fame's promotion are now facing very interesting choices:


Some bought at 3 sens per share, that is a huge drop to 1.5 sen per share or even lower at 1 sen or 0.5 sen per share.

Some bought at 2 sens per share, that is also a significant drop to 1.5 sen per share (25% drop).

Some bought at 1.5 sens per share, they will still lose a little due to commissions and trading expenses.

Those who bought at 1 sen per share, well at 1.5 sen per share, they may feel the "loss of potential gain" should they have sold higher.


Behavioural finance is an important subject to master. How many have read the book by Kahneman Think fast and slow.? It is a very good book giving a lot of insight into the many ways your decisions are made in varied circumstances in our life.

INSTEAD OF POSTING TO DEFEND CRUMBLING DLADY

3iii NOW WANDERS HERE AND THERE
08/12/2019 10:33 PM
calvintaneng Post removed. Why?
08/12/2019 10:36 PM
calvintaneng Both Philip and 3iii have changed ID


Why people changed names?

They are ashamed of their original names and ID

Last time during Asian Financial crisis Mr Neoh changed name to Peter and Mr HO changed name to Andy

Why so?

Both hiding from loan sharks

3iii hiding from dlady people while Philip hiding from petchem people

NO wonder both changed their names and disturb other forums like Netx?

Why they both dare not go post in dlady or petchem?

See reason:

Convicted criminals change names to cover up past

https://globalnews.ca/news/2558782/convicted-criminals-change-names-to...
08/12/2019 11:12 PM
calvintaneng Post removed. Why?
08/12/2019 11:51 PM
stockraider If u have studied Calvin performance very carefully, 2019 can be consider a superb year performance for calvin Tan.

His successful strike pick rate exceeded 80% mah....!!
The example of successful calvin picks are;

1. Volesto
2. dayang
3. uzma
4. Duta
5. Naim
6. opcom
7. netx
8. Redtone

All the above stocks recorded huge return in 2019, in fact calvin tan can be considered one of the best investor I3 in 2019 with his chun chun selection loh....!!

No other sifu ha ever registered such a high successful picked rate compare with calvin in 2019.... THIS RAIDER HIGHLY IMPRESSED WITH HIS GOOD PERFORMANCE LOH....!!

YES Have Faith & STAY WITH CALVIN TAN SELECTION NETX..THERE ARE VERY HIGH PROBABILITY OF SUCCESS LOH....!!
08/12/2019 11:54 PM
stockraider Why calvin want u to make investors pledge leh ??

The answer is that calvin wants to protect & guide u to the art of making monies loh....!!

Without this pledge investment guide, alot of investors will be running around like mindless chicken, thus resulting in lost of big profit making opportunity loh....!!

Yes stay with sifu calvin & make the investment pledge on NETX loh..!!

THIS THE NETX INVESTORS PLEDGE

1) I BELIEVE IN RM50.3 NFCP FIBERISATION AS A REAL COMING EVENT

2) THEREFORE I BUY INTO NETX BECAUSE IT IS A SPECIALIST IN DIGITAL NETWORK INFRAR AS IT WILL GET JOB AWARDS

3) I WILL NOT BE SWAYED BY NAYSAYERS TO SELL IN FEAR OR BE MOVED BY THEIR FEAR-MONGERING

4) I PLEDGE TO HOLD FIRM ALL MY SHARES TILL I SEE JOB AWARDS ROLL OUT FROM TELEKOM

5) I WILL KEEP NETX AS RM50.3 BILLIONS NFCP JOB AWARD IS A VERY RARE OPPORTUNITY AND I WILL HOLD FIRMLY ALL MY NETX SHARES TILL I ACHIEVE SUCCESS IN MY INVESTMENTS

6) I WILL JOIN IF WITHIN MY ABILITY TO DEFEND NETX AGAINST NAYSAYERS

7) I BELIEVE THEREFORE I INVEST. I INVEST THEREFORE I EXPECT NETX TO DO WELL IN COMING NFCP BULL RUN
09/12/2019 12:06 AM
calvintaneng 3iii is now a sour grape
09/12/2019 6:59 PM
Harry both this retards valvintard and stockretard Dare to criticise other when their call all holland?
09/12/2019 7:13 PM
Harry *calvintard
09/12/2019 7:13 PM
calvintaneng Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart) > Dec 9, 2019 8:01 PM | Report Abuse

Very few bought at 1 sen

Many bought at 1.5 sen

Many more bought at 2 sen, 2.5 sen and 3.0 sen

Given the low volume of transactions the last 7 days, the trading ranged from 1.5 sen to 2.0 sen.

Sadly, many are unable to cash out with any gains.


WHY 3iii SO BLIND LEH?

WE INVEST IN NETX BECAUSE OF RM50.3 BILLIONS WILL BE DISPENSED FOR FIBERISATION EXPANSION IN MALAYSIA

5 YEARS TO SEE NETX BULL RUN TIME

WHY 3iii NOT ONLY GOT TUNENEL VISION. HE ALSO MYOPIC?
09/12/2019 10:41 PM
calvintaneng Why 3iii didn't respond?
10/12/2019 11:08 AM
calvintaneng Poor 3iii and sour grapes totally missed the Ogse bull run of carimin Dayang penergy and uzma

They failed once now still so stubborn and want to fail twice

Missed ogse bull run and now not only didn't join Nfcp bull run but try to discourage others from joining by poisoning their minds with all negative postings

3iii is true to his id as

Idiot
Insane
Incorrigible

3x idiot, insane incorrigible
10/12/2019 11:16 AM
calvintaneng Post removed. Why?
10/12/2019 3:43 PM
calvintaneng From Padini (reposting)

ALREADY WARNED YOU GUYS THAT THE FIRST CASUALTY OF THE GREAT DEPRESSION (1929 -1939) WAS MEN'S CLOTHES

AFTER PH GOVT CAME INTO POWER MANY BUSINESSES HAVE DROPPED BY 20% TO 30% (EXACERBATED BY USA CHINA TRADE WAR)

PADINI ALSO FACE HIGH COST OF MORE EXPENSIVE POLYMER (FOR MAKING CLOTHES) AS BRENT CRUDE HAS SURGED TO USD65 PER BARREL

AND RINGGIT ALSO CRASHED AGAINST USD COMPOUNDED THE HIGHER COST

PADINI GOING TO BREAK RM3.00

DLADY WILL BREAK RM50 SUPPORT

PET CHEMICAL WILL BREAK THE RM7 SUPPORT

ALL FALL DOWN!

THEN WHAT TO BUY?

OGSE BULL RUN AT TAIL END

DAYANG, PENERGY, CARIMIN & OTHERS UP TOO HIGH TO CHASE NOW

CAN STILL BUY THESE LAGGARDS OGSE T7 GLOBAL, DESTINI, SCOMIES & AZRB

OR BUY THESE ONES WITH POWERFUL KEYNESIAN GOVT SPENDING FOR NFCP INFRAR

OPCOM

REDTONE

NETX

CMSB

BINACOM

FINAL DECISION IS YOURS

REGARDS

CALVIN

CALVIN BOUGHT PADINI TWICE

LAST WAS RM1.60 & SOLD ALREADY
13/12/2019 12:14 AM
calvintaneng Post removed. Why?
13/12/2019 4:40 PM
calvintaneng Post removed. Why?
19/03/2020 3:27 PM


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