Sslee blog
My take on year 2021: Year of Reckoning
Dear all,
Please allow me to reflect on Year 2021: The Year of Reckoning.
My take on the year 2021 is the year where the chickens have come home to roost or in another word the past catches up with us.
On January 6, 2021, the world watched in shock as President Donald Trump war cry of ‘stop the steal’ sent mob of his supporters stormed the United States Capitol in Washington, D.C. They sought to overturn his defeat in the 2020 presidential election by disrupting the joint session of Congress assembled to count electoral votes that would formalize then President-elect Joe Biden's victory. The Capitol Complex was locked down and lawmakers and staff were evacuated, while rioters assaulted law enforcement officers, vandalized property and occupied the building for several hours. Five people died shortly before, during, or following the event: one was shot by Capitol Police, another died of a drug overdose, and three died of natural causes. Many people were injured, including 138 police officers.
China's internet erupted in mirth at America's troubled democracy after supporters of President Donald Trump broke into the US Capitol, comparing the chaos to the Hong Kong anti-government protests of 2019 and mocks Speaker Pelosi:
@SpeakerPelosi once referred to the Hong Kong riots as "a beautiful sight to behold" — it remains yet to be seen whether she will say the same about the recent developments in Capitol Hill.
In March when interviewer George Stephanopoulos asked Biden if he thought Putin was "a killer," the President said, "Mhmm. I do."
The response from President Putin is fast and sharp: "It's true; we really know each other personally. What would I answer him? I would tell him: be healthy," Putin said. "I wish him good health. I say this without irony, no jokes. This is first of all."
"When we evaluate other people, states and nations, we always seem to be looking in the mirror. We always see ourselves. We always pass on to another person what we ourselves are in essence," Putin added. "In childhood, when we argued with each other, we said: 'He who calls names is called that himself.' This is no coincidence, this is not just a childish joke, and it has a very deep psychological meaning.
On 16th Aug the world watched in horror as the Taliban tightened its hold on Afghanistan, desperate people flocked to Kabul’s airport as a last resort to try and get onto planes headed west.
In a stunning rout, the Taliban seized nearly all of Afghanistan in just over a week, despite the hundreds of billions of dollars spent by the US and NATO over nearly two decades to build up Afghan security forces. The US war against terrorism in Afghanistan two decades ago came full cycle as Taliban retook capital Kabul and all of Afghanistan.
Back at home on 16th August, Bersatu led PN’s government Prime Minister Muhyiddin and his cabinet resigned en bloc. A backdoor PN's government formed as a result of “Sheraton Move '' betrayal that ousted the 22 months PH’s government came full cycle and was ousted by betrayal of UMNO when UMNO withdrew their support for Bersatu PM Muhyiddin. Subsequently Ismail Sabri (UMNO Vice-President) was appointed as the 9th Prime Minister of Malaysia by Yang di-Pertuan Agong after being satisfied that he had commanded the confidence of the majority in Parliament, with a total of 114 from 220 members of the Dewan Rakyat nominating him in accordance with Article 40(2)(a) and Article 43(2)(a).
On Dec 8, the three-member Court of Appeal bench concurred with the findings of the trial judge to convict Najib Razak on all seven charges of abuse of power, criminal breach of trust (CBT) and money laundering involving RM42 million of SRC International funds. The SRC International Sdn Bhd project that started off as a national interest venture in the end had become a national embarrassment
“He (Najib) has not merely breached the trust reposted on him but betrayed it.
“In circumstances such as this, when a prominent political leader of land is arraigned before the court and sentenced, the court finds that it would be most appropriate for us to be reminded of what [former Lord President] Raja Azlan Shah said.”
“I repeat what I had said before — the law is no respecter of persons. Nevertheless, it will be impossible to ignore the fact that you are in a different category from any person that I have ever tried. It would be impossible to ignore the fact that, in the eyes of millions of our countrymen and women, you are a patriot and a leader.
“Even those who differ from you in politics look upon you as a man of high ideals. You had every chance to reach the greatest height of human achievement. But halfway along the road, you allowed avarice to corrupt you.
“It is incomprehensible how a man in your position could not in your own conscience recognise corruption for what it is. In so doing, you have not only betrayed your party cause, for which you have spoken so eloquently, but also the oath of office which you have taken and subscribed before your Sovereign Ruler, and above all the law of which you are its servant,”
On Dec 17, torrential rain caused severe flooding in many parts of Malaysian state. Many Malaysians in Klang Valley were caught unprepared with many people left stranded in their car and in their house due to flooded highway, road, and house with flood water reaching roof top at Tmn Sri Muda Shah Alam. Government was late to mobilize rescuers and scramble to save flood victims as the blame game started. So who is to blame? Climate change, poor development planning and management, poor drainage, poor maintenance of flood mitigation pumps and flood gates, late and disorganized flood preparation and rescue operation, sins of man or sins of politician or sins of government or act of god?
My deepest condolences to the families of the victims concerned for having lost their loved one to the flood. May the departed soul rest in peace and God please have mercy on us.
As year 2021 comes to an end and we celebrate the coming of new year 2022, all the hope of fully vaccination (2 doses vaccine shot) to protect us from Covid-19 seem like “a bridge too far” with new covid-19 mutate Omicron variant that spread more easily with breakthrough infection on people fully vaccinated. Our hope is now on another booster shot (Third dose of vaccine shot) and prayed that Omicron is less severe, dangerous and people infected with omicron are less likely to end up in hospital.
Hoping against hope that Dr. Amitav Banerjee is right: Omicron is nature's own vaccine, will be the endgame of COVID-19.
Back to Malaysia stock market: Serba Dinamik Holdings Berhad is the talk of the town when the new Chairman said KPMG is like a shop-lot auditor and acts like an “official gangster” and Serbadk will sue KPMG. The rest is history
Back then in 2019, I was shocked and amused with JensenChin's threatening comment, just because Choivo Capital wrote a blog article critical of Serbadk
JensenChin Have Screenshot this post and sent to Serba’s legal counsel again.
Will follow up on the email to legal counsel, police report and report made to MCMC on baseless accusation and fake news spread by Choivo Capital.
Hope Choivo Capital will be sued for spreading fake news
Don’t think you deleted the post you can’t be tracked.
Will follow up on the email to legal counsel, police report and report made to MCMC on baseless accusation and fake news spread by Choivo Capital.
Hope Choivo Capital will be sued for spreading fake news
Don’t think you deleted the post you can’t be tracked.
22/12/2019 8:34 AM.
The chickens have come home to roost “Serbadk” and vindicated Choivo Capital. At least I had been proven right to caution qqq3
Hahahaha,
qqq3 as usual lives dangerously, loves this stock and will be eaten alive like London Biscuit and Sendai.
qqq3 as usual lives dangerously, loves this stock and will be eaten alive like London Biscuit and Sendai.
22/12/2019 8:27 AM.
On what work in stock market previously I wrote:
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.” - Benjamin Graham.
A. First level thinking; “This quarter earnings is better than last quarter earnings and next quarter earnings will be better than this quarter earnings” With that you can write 20 articles in i3 to promote the stock and earn RM 58 million within 9 months like Mr. Koon.
B. 3iii's and Philip's second level thinking; “The market price will continue going up when companies can make stable, predictable and consistent revenue and earnings growth year after year” Fund managers and Market makers love this type of stocks and these stocks will be rewarded with high premium of PE 25 to 50 to 75 to 100 and beyond. Example: Nestle, QL and Stoneco
C. Third level thinking; “Calvintaneng’s limitless stretching of imagination and story-telling” He had contributed thousand articles to i3 and had made so many “Chun-Chun” calls.
So did the above work for the year 2021? The answer is a big “NO”
Mr. Koon now reduced to a fraction of his wealth after big losses in Dayang last year and this year his bet on Supermax (This quarter earnings is better than last quarter earnings and next quarter earnings will be better than this quarter earnings) turned sour:
Supermax: My last sermon.
He now became a promoter of undervalued/underrated stocks: KPS, Dominant, MNRB, OSK, EUPE, Leon Fuat, LB Aluminium, Alcom, LC Titan, Tomei, Poh Kong, AYS, and Hiap Teck.
The most interesting was his controversial buy-sell called on AYS, Hiap Teck and his teasing of CharlesT and ctvelu.
Dec 14, 2021 10:07 AM | Report Abuse
Based on Charles T's comment, he must have bought my shares when I started selling at 91 sen about 5 weeks ago. In the last few days, I have been queuing to buy at cheaper prices. You should sell your shares to me to learn a good lesson about charting.
HIGHCHAPERAL and you should attend FA and TA lessons given my MR Ooi Teck Bee.
AYS has been going up in the last few days when I started buying. This is the best buying opportunity when its trend is changing from down trend to uptrend.
Koon Yew Yin
HIGHCHAPERAL and you should attend FA and TA lessons given my MR Ooi Teck Bee.
AYS has been going up in the last few days when I started buying. This is the best buying opportunity when its trend is changing from down trend to uptrend.
Koon Yew Yin
Aug 6, 2021 6:54 PM | Report Abuse
ctvelu, you must read my last article carefully to understand what I did. I have posted many articles to tell all investors that I sold all my stock holdings about 2 months ago when Hiap Teck price was about 70 sen and now I tell every investors including ctvelu that I have started to buy back at cheaper price. You are angry with me because you did not sell at higher prices and you don't have money to buy at cheaper prices.
I am proud to admit I am already 88 years old and not many people can live a happy contented life. Almost all my contemporizes have passed away already. Recently I have given 100 scholarships to help poor students. I have also stated in my WILL that all my remaining assets will be give to charity. I am proud to mention that I was a co-founder of Gamuda, IJM Corporation, MBNR, Rubberex, Mudajaya etc
ctvelu I hope my comment here will help you make some money. You must check your track record to see why you are still so poor. If you shut your big mouth and open your eyes you can learn more things.
Koon Yew Yin
I am proud to admit I am already 88 years old and not many people can live a happy contented life. Almost all my contemporizes have passed away already. Recently I have given 100 scholarships to help poor students. I have also stated in my WILL that all my remaining assets will be give to charity. I am proud to mention that I was a co-founder of Gamuda, IJM Corporation, MBNR, Rubberex, Mudajaya etc
ctvelu I hope my comment here will help you make some money. You must check your track record to see why you are still so poor. If you shut your big mouth and open your eyes you can learn more things.
Koon Yew Yin
As of Philip “The market price will continue going up when companies can make stable, predictable and consistent revenue and earnings growth year after year” His QL and Stoneco hit multi-years lows in 2021.
Those who advocate buy and forget/hold with their convincing argument that the buy and forget/hold strategy has been proven time and time again to return exponential gains on invested capital is Argumentum ad populum or common belief fallacy. Any good stocks once the fundamentals (internal) and economy changed (external), the stock will also go south.
Luckily Philip did monitor his holding in Stoneco
Posted by Philip ( buy what you understand) > Dec 6, 2021 8:56 AM | Report Abuse
Yes, in fact after selling the big sum previously at 82, now buying back shares at 15+ due to Brazil problems with their version of CTOS which causing losses to the credit lending portion of their digital bank portion( to revamp again by Brazil government) and omicron fears for business. Time for cheap sales again due to economic worries. Don't worry, stoneco growth and profits still very good, just because of China won't drag it down.
As of Calvintaneng’s limitless stretching of imagination and story-telling, his “Chun-Chun” calls on Plantation Stocks despite palm oil price hit unprecedented record high and plantation companies reported record profit but plantation stocks price hardly moved.
So what worked in 2021?
What work in 2021 is PureBULL ...::
BUY WHAT MR MARKET WANTS TO PLAY UP
The question is how to know what Mr. Market wants to play up in 2022? This one you need to ask PureBULL.
For those who inspired to write blog to share knowledge, news and personal opinion on investment, economy, stock market etc the below by Bursa Dummy is example how you do the research with business analysis, the opportunities and the risks.
I miss the good old day where Choivo Capital, Icon8888 and etc sharing their writing with i3 readers. My special thanks to i3lurker and PSAi3alert for making i3 forum more lively, colourful and educating. It is my hope more i3forumers will learn how to do satellite imaging and companies profile search to detect fraud project and fictitious sales thus avoid been conned by conmen insiders and conmen in i3.
Wishing you all a Happy, Healthy and Prosperous New Year 2022
Thank you
PS: Once again thank you all for the well wishes and prayers for my mum’s health. My mum is on the road to recovery after suffering a sudden severe side effect of covid-19 booster dose vaccination that required ICU hospital stay.
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Discussions
3 people like this. Showing 23 of 23 comments
2) PUREBEAR stocks, i.e. weekly price, C < ema18 line : TG, HARTA, SPM
https://www.tradingview.com/x/7W0f66B0/
https://www.tradingview.com/x/yKKhUmKb/
https://www.tradingview.com/x/x793UZEV/
I hope members could see the MOST important thing in stocks.
If u can, use it to grow your funds, aiming at CAGR 26 to 31% n MORE...
2021-12-31 17:40
I think Old Con still make money fm Dayang but he certainly make a lot of money fm glove
He bought glove shares in Mac or Apr 2020 n sold all in Apr or May 2021....how to lose money leh??
2021-12-31 17:41
He bought glove shares even earlier than OTB..thanks to his earlier success trading experience in Supermax during SARs time...De Javu
2021-12-31 17:43
Haha CharlesT,
Koon definately lost a lot of money for holding Dayang too long untill margin call fored selling.
As of glove he make a lot during uptrend first round but do not know how much he lost during the downtrend second buying and again too late to cut loss.
I just suprised this year he recommended so many undervalued/underrated stocks: KPS, Dominant, MNRB, OSK, EUPE, Leon Fuat, LB Aluminium, Alcom, LC Titan, Tomei, Poh Kong, AYS, and Hiap Teck but the price did not move much. Remember the good old day where he single handedly can move price to the moon with his non stopping buying.
2021-12-31 17:58
Dear PureBull,
Glad to know many of MU engineering alumni are doing well with you in stock investment.
May 2022 bring more success to you and your telegram grouping.
2021-12-31 18:04
On Dec 17, torrential rain caused severe flooding in many parts of Malaysian state. Many Malaysians in Klang Valley were caught unprepared with many people left stranded in their car and in their house due to flooded highway, road, and house with flood water reaching roof top at Tmn Sri Muda Shah Alam. Government was late to mobilize rescuers and scramble to save flood victims as the blame game started. So who is to blame?
Answer : We have the most useless PM! No bets there!
2021-12-31 18:06
We really don't know what 2022 is in store for us! I don't even dare pick a stock this year! Too many unpredictable variables!
2021-12-31 18:13
Dear ssLee,
I have 8 strategies on stock charts.
I use them to scan the entire mkt for great winning stocks everyday.
I compare n contrast those stocks in 3D view n make a final list with the highest winning probability.
Any big FA stocks in play = purebull should know in advance.
My Mkt Guidance:
PLAY WHAT MR MKT WANTS TO PLAY UP
not what stocks we love, know n understand,,
OUR senior in MU, long # Phillip, my senior in mech has NO patient for me.
He threw me away since he entered i3 some 3 yrs ago with his best stocks, ql, tg, pbbank, yinson.
I was so impressed with his QL = I had never seen or heard 1 who dare to mention this stock name.,. that I know was the best performing stock on KLSE but not now.,.
every stock will hit its max mkt value n fail.,.
I wish TOGETHER, we from MU in i3 can call the BEST stocks for all players in msia.,. every year.,.
2021-12-31 21:15
Happy New Year SSLee & All at i3 Forum
As of Calvintaneng’s limitless stretching of imagination and story-telling, his “Chun-Chun” calls on Plantation Stocks despite palm oil price hit unprecedented record high and plantation companies reported record profit but plantation stocks price hardly moved.
Point 1
palm oil price hit unprecedented record high
Point 2
and plantation companies reported record profit
Point 3
but plantation stocks price hardly moved.
For Palm oil Point 1 & Point 2 fulfilled
Point 3?
Very happy to buy with most of my capital in palm oil shares now.
Calvin buying more everyday with all the spare cash
Even cutloss in other laggards and switch to palm oil stocks
Point 3 will follow Point 1 & Point 2
See
https://www.google.com/search?q=if+a+business+does+well+its+stock+eventually+follow+warren+buffett+images&tbm=isch&source=iu&ictx=1&fir=yWrezLEREDu3jM%252CtxxU2hJJ8TUBuM%252C_%253B-ASlTSHjIg1fpM%252C0KLaLCQPJJkLGM%252C_%253BKmyvuj-_lTAuWM%252C0KLaLCQPJJkLGM%252C_%253BUwOz7qRJl83SaM%252C0KLaLCQPJJkLGM%252C_%253B8sys6hpR2fOchM%252C0KLaLCQPJJkLGM%252C_%253BidwOoAQcYwrhaM%252CK6InAYMA2ElW6M%252C_%253BeALgh-b0ftsBqM%252COPlCkrp8U9qSzM%252C_%253Bdx1J7RN3uDCUtM%252CrJZCuPsdNrEigM%252C_%253BH3X0kUkxugAZ1M%252CjaBJ6TYgQYCy6M%252C_%253BYKEikJ4RX_OC0M%252C0KLaLCQPJJkLGM%252C_&vet=1&usg=AI4_-kTh1TR-dspr6Fsk9BOHp476Md2XWg&sa=X&ved=2ahUKEwjQmtiGkI71AhX17HMBHY4OB1gQ9QF6BAgCEAE#imgrc=rjzcCpcgm2t_fM
2021-12-31 21:19
Philip ( buy what you understand)
As usual trust not those who tell you to buy while they themselves sell. Who keep on buying penny stocks to push price up and quietly sell when people are deep into it.
https://www.berkshirehathaway.com/reports.html
https://ark-funds.com/download-fund-materials/
https://www.himcap.com/#Publications li Lu!
https://creador.com/portfolio-companies/
And my own humble track record started since 2019
https://klse.i3investor.com/servlets/pfs/120720.jsp
The simplest way is to read those who post their actual portfolio to see how they actually perform over time.
For 2021 a lot of the major funds have not done well. This is definitely true. But if you look at their record over a longer period of time they have all done swimmingly well.
My own CAGR over 2019-2021 is around 16% compounded. Still good within my expectations.
I'm happy to wait and see what the next 5 years will bring.
Happy new year Lee
2021-12-31 21:44
"I miss the good old day where Choivo Capital, Icon8888 and etc sharing their writing with i3 readers. " ---->> Contributors are less willing to share their writings due to the rampant attacks by some forumers. Some writers quit totally. Any good suggestions for remedy ?
2021-12-31 22:21
SWING TRADING
I was asked how to play downtrend stocks like bpplas, wong etc.
My TAKE:
Purebear stocks r so risky.
u never know when is the day of big rebound.
usually the owners with pple like cold.mata JV to choose a day to hoot.9.e from ocean level.
they pump n will know when to n MUST DUMP.
not worth to play with them, unless there is a nice looking HL is formed,,
NB: we don't have more money to play A1 stocks. why bother to take those risk,,
2021-12-31 22:57
Stock.investing is like pro in Medicine.
Players need to specialize in 1. u can't do well with 2 specialists.
U either be CYCLICAL INVESTOR or SHORT TERM TRADER.
The strategy n tactic used r so different.
NB: Never become long term investor = u would lose your life on KLSE!
2021-12-31 23:12
Philip ( buy what you understand)
And yet my long term portfolio has little in major change of shareholdings, and still compounding growth at 16% since 2019.
>>>>>>>>>>>
Posted by PureBULL ... > Dec 31, 2021 11:12 PM | Report Abuse
Stock.investing is like pro in Medicine.
Players need to specialize in 1. u can't do well with 2 specialists.
U either be CYCLICAL INVESTOR or SHORT TERM TRADER.
The strategy n tactic used r so different.
NB: Never become long term investor = u would lose your life on KLSE!
2022-01-01 15:47
I think when you have less than 100K to invest than a million to invest then more than a million to invest then more than 10 million to invest then more than 50 million to invest your approach will be different.
So in investment there is no right or wrong way, just alway invest on yourself with knowledge (FA and TA), experince (Timing) and find your own niche.
By the way i3 is a good place to pick up all those skills
2022-01-01 19:57
Philip timing of picking up more Pchem (at cheap sales price) make all the different in his long term Malaysia portfolio.
2022-01-01 20:02
Not really true mah!
It is still similar mah!
If u study science say physics & chemistry....the reaction or results is always the same scientifically mah!
Thus your investment principle learned, must always apply scientifically or systematically in order to be successful mah!
Posted by Sslee > Jan 1, 2022 7:57 PM | Report Abuse
I think when you have less than 100K to invest than a million to invest then more than a million to invest then more than 10 million to invest then more than 50 million to invest your approach will be different.
So in investment there is no right or wrong way, just alway invest on yourself with knowledge (FA and TA), experince (Timing) and find your own niche.
By the way i3 is a good place to pick up all those skills
Posted by Sslee > Jan 1, 2022 8:02 PM | Report Abuse
Philip timing of picking up more Pchem (at cheap sales price) make all the different in his long term Malaysia portfolio.
2022-01-02 08:22
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
PureBULL ...
dear sslee, my mu engine alumni,
nice that u do take note of my postings:
TIME FLIES
Some of u in my telegram grouping
r with me doing investing.lives for more than a full year now.
I was completely out of gloves n a few did followed on 2nd week of Dec 2020.
That was a right decision taken.
We then entered TECH, EV.METAL n some EMS stocks. That was a rewarding switch.
2 cycles on 2021:
Achieved for clients, +42% in cycle 1 on April 2021 n again +26% in cycle 2 on Dec 2021. Total return +78.9% for 2021, excluding some dividends for pocket money.
Looking forward to duplicate going into new year 2022 n beyond...
In stocks anywhere in the world is:
UPTREND IS YOUR FRIEND, amore keeps shouting loud.
How to know?
WEEKLY EMA18 line = # 1 Margin of Safety for stock.investing.
These r what they showed:
1) PUREBULL stocks, i.e. weekly price, C > ema18 line : 2 EV.TECH; MPI, D&O
https://www.tradingview.com/x/ZX7yokra/
https://www.tradingview.com/x/1YYEg62O/
2021-12-31 17:32