When come to stocks blogging, the first thing that comes to people's mind is pump and dump. If not because for the purpose of pump and dump, why bother to write one article after another ?
I have addressed this issue before. First of all, I would like to reiterate that I don't pump and dump. Please refer to the link below for the reasonings.
http://klse.i3investor.com/blogs/icon8888/88471.jsp
But today one forum member's query really made me fell off my chair.
Dear Mr. Onemillioninvestment, I have many things to worry about in life. The last thing in my mind is to get people to praise me in the internet.
However, since this issue has been raised, let me provide the specific reasons why I blog about stocks.
(1) Simply Because I Can
I have a bit of knowledge about finance, stocks and investing. And my England is ok. And I have a bit of free time. So I write loh. It is a very pleasant activitity. I enjoy it.
(2) The Pleasure of Discovery
Ever wonder how the West can overtake everybody else to emerge as the strongest civilization in the world ?
In the old time, the sifus kept their expertise as top secrets. This helped them to preserve their commercial advantages. However, the effect to society is negative. For few thousand years, human society stagnated. Modern society only started to exist in the past few hundred years, started from the West.
How did the West manage to do it ?
Several hundred years ago, the West invented a way to advance knowledge. Discoveries and inventions were no more locked up in closets, they were enthusiastically made know to the public. Most researchers didn't get rich, but they gained recognition from their peers and the public.
This practice and culture later evolved into research institutions. In modern universities, if a researcher discovers something, he will not hold back the new knowledge. After going through peer review, the new finding will be published immediately. If you don't do that and somebody else does it before you, your years of research efforts will go to waste.
If you have been to university before, you will understand what I said.
Did the reasearchers get monetary return out of it ? Maybe a little, but not much. The whole idea is to be the first person to plant the flag there.
That motivates many brilliant minds to spend time and efforts to explore new frontier of knowledge. This turned out to be a magical recipe. Science and technology bloomed in the West over past few hundred years, and that made them the strongest and wealthiest countries in the world.
By blogging about stocks, I get a little bit of this "plant the flag" kick.
(3) To Promote My Stocks
Certain people claimed they blog with noble intention to help others to make money. Not me. I am never that altruistic.
I blog with the hope that one day the stocks that I write will go up.
That sounds very sinister. Am I stepping on other people's shoulders to advance my interest ?
Not neccessarily. It depends on how you do it.
First of all, I don't spam. I don't go around and keep repeating the same slogans to try to brainwash others to buy the stocks that I hold. It simply won't work. Investors nowadays are not dumb.
Secondly, I don't shove things down people's throat. I don't come up with all kind of non sensical things to try to convince others. I don't blatantly lie, mislead or spread rumours. That is low class. It might work once or twice, but very soon people will know what you are doing.
If that is the case, how do I do it ? How do I write my articles to benefit my stocks ?
I DO IT BY PROVIDING INFORMATION.
Take Thong Guan as an example.
On 3 March 2015, I bought the stock at RM2.10.
http://klse.i3investor.com/blogs/icon8888/72307.jsp
On 27 May 2015, the company announced a disastrous set of results due to forex loss and bad debts. I wrote another article to provide details and explanation.
http://klse.i3investor.com/blogs/icon8888/78449.jsp
On 19 August 2015, the company announced another set of mediocre result. I wrote another article to provide details and explanations.
http://klse.i3investor.com/blogs/icon8888/81667.jsp
The above three articles did not make the stock to move a single sen up, and it didn't bother me.
On 19 November 2015, Thong Guan announced a sterling set of results and share price spiked the next day. The following was the article I wrote.
http://klse.i3investor.com/blogs/icon8888/86450.jsp
The above sequence of events is a typical way of how I blog.
I adopt a very patient approach. I systematically feed my readers with information to help them to understand the stocks. Through the series of articles that I wrote over past 9 months, I help many of my readers to develop intimate knowledge about Thong Guan.
Usually, this is not sufficient. If the profit is not there, the stock won't fly.
HOWEVER, WHEN THE COMPANY TURNS AROUND, ITS SHARE PRICE WILL SHOOT THROUGH THE ROOF.
That is what motivated me to blog - to share knowledge and promote understanding of the stocks.
Thong Guan was not the only case, other success stories are Gadang, Geshen, etc.
However, not everything works out well. Some of the stocks that I wrote failed to deliver (Johore Tin, GOB, etc).
Even if that is the case, I never twist facts and figures to suit my purpose. In Johore Tin's case, I just sold the stock and walked away. No point trying to defend it. If you don't believe me, please go and fish out those articles and go through them.
4. To Fish For More Information
Usually after I publish my articles, many readers will approach me to provide further information, which will greatly enhance understanding of the stocks.
For example, after I published JHM, one forum member referred a May 2014 article to me about the company's capital expenditure programme. This in turn lead me to dig out more information about JHM.
As mentioned in one of my earlier article, by sharing information among us, we gain an advantage over non i3 members. This is not a theory, I personally experienced it many times since I joined i3.
5. To Clarify My Thoughts
If you have never blogged before, you don't know what you have missed out. Blogging forces you to put your thoughts down in writing. It will allow you to detect areas of ambiguity that you previosuly didn't know exist.
Take EG Industries as an example. As mentioned in my EG article, my friend told me about EG when it was trading at 60 sen. However, based on the publicly available information I went though then, I couldn't find concrete evidence to justify the bullish outlook told to me.
However, last week, when I actually sat down to write about it, many details of the group's strategy came out. I grew so comfortable about the stock that I decided to add it to my portfolio, even though it has gone up to more than 90 sen.
EG is not the only case. Almost all the stocks that I wrote about will turn up some unique insights that later on facilitate my decision to buy, hold or sell.
With all the benefits as mentioned above, are you still puzzled by my blogging activities ?
Have a nice day.
Created by Icon8888 | May 01, 2020
Created by Icon8888 | Mar 10, 2020
Created by Icon8888 | Mar 01, 2020
Created by Icon8888 | Nov 13, 2019
Icon8888
Thanks for your wonderful write up always. I love it as educational way
2016-01-28 08:51
No free lunch lah...but Icon8888 wouldnt accept RM4,000 per counter one...maybe bring 1 kg sea cucumber to him.....adding some pork knuckle will be plus point...
2016-01-28 09:06
Guys,
I am not really familiar wat can Icon8888 obtain at the backstage of blogging. But don't you agree there are many good info to pick up from his write up? It is too bad if we don't agree some people are simply passionate about writing and sharing. I do believe in this.
May be I am wrong but I really benefits lots from Icon8888's.
2016-01-28 09:10
Many people judge others by their own standard. As long as your conscience is clear, there is nothing to worry about. Cheers!
2016-01-28 09:11
Somebody wanted to make money from his tips, somebody wanted to see him n his followers go Holland,somebody wanted him to promote their counters....
2016-01-28 09:12
murali, you are right, because Icon also subscribe to OTB, so by just follow Icon stock pick, we can kill 2 birds with one stone, wakakaka
2016-01-28 09:51
Don't always bark on counters that drop.
Pls praise Icon8888 for PRG.
LOVE u Icon8888.
2016-01-28 09:55
Tkp2,sometimes otb also curi curi tips from icon8888...for example johotin...but never pay rm960 to icon8888 lah...
2016-01-28 10:03
Do not allow negative people to discourage your writing...i always enjoy your articles and like you say,its a base of datas for people like me who are interested.i must give you great credit for your good language too and like in any other forums ,you do always have wet blankets around...keep up your good work...reading your articles doesnt mean one has to buy the counters.....investing is always a risk you have to undertake...Happy Chinese New Year!
2016-01-28 10:14
murali, true, and actually not all OTB calls can make money, some go Holland as well, subscriber have to study and can't follow blindly, Icon is doing real "public service" here, lol
2016-01-28 10:19
Same same all are low standard ppl no matter you're good in investment or not. your personal character brings you down. Quarrelling here and there, ppl shoot you then your eq low, shoot back, you shoot other people as well then conflicts with ppl here and there. So just like 50步笑百步 。。 all are the same
2016-01-28 10:33
Icon8888
As usual oversea most of the time. Hence, limited time to check in forum. I am a silent reader when I have free time before go to bed.
How are you? May I have a silly request? I read Koon Bee and a few comment and play a lot with paper plane real identity. I'm nt sure can I request not to jeopardize him thru company work or real pic. I understand it will be very painful for the victim. Lets settle all cyber fights through cyber space but not with opponent 's real identity.
Jz my silly n chidish request to Koon Bee bro and others. It is painful expenses on him
2016-01-28 10:34
Good good icon8888
I know u always very kind to 放生one... Thumb up ....
I can't find Koon Bee bro wanna to forward him my foolish request...
2016-01-28 10:47
Posted by smetrader > Jan 28, 2016 10:42 AM | Report Abuse
murali, what noise? Trumpeting or otherwise? OTB is not god.
When market is no good share prices come down then will change from God to Holland Kings....human nature to blame others...
2016-01-28 10:49
I think Koon Bee also play play only...Give Paper Yong a break...besides losing money in bad mkt, dont scare him again with complaint letters lah....
2016-01-28 10:51
I think nowadays all Sifu/Master also under great pressure...infact my Sifu Cold Eye has stopped giving tips since End 2014, knowing market could be very challenging these few years...I think he never expect export counters to do so good in 2015...just try to play safe
2016-01-28 10:53
i3 is full of web bullies, some time, we need to be tough also to fight back, people like paperplane, Optimus, Desa just selectively attack Icon counter for the sack for attacking.
On the other hand, don't you all think all this fights is very fun to watch? lol, so, don't take it too seriously lah.
As full time trader, we need some entertainment also
2016-01-28 10:55
But with current low interest (unlike 1997/1998), liquidity is still there...so we saw the superb performance of export theme stocks in 2015 when most funds poured into this sector...
2016-01-28 10:56
After most export co up 100-200% in 2015, this year appears to be much more challenging as less n less stocks can be found...and also some export co could see profit taking soon...
2016-01-28 10:59
tkp....I will also point out the fundamental errors in your writings if you write like Icon , full of grand mother stories and no competence or depth in analysis.
===============
tkp2 > Jan 28, 2016 10:55 AM | Report Abuse
i3 is full of web bullies, some time, we need to be tough also to fight back, people like paperplane, Optimus, Desa just selectively attack Icon counter for the sack for attacking.
2016-01-28 11:02
really kah? i browsed thru all your recent comments, beside you said all the good thing about your own counter, the rest majority are attacking Icon counters, there are so many blogs in i3, i don't really see you perform your so called "public service" in other bloggers.
Posted by Desa20201956 > Jan 28, 2016 11:02 AM | Report Abuse
tkp....I will also point out the fundamental errors in your writings if you write like Icon , full of grand mother stories and no competence or depth in analysis.
2016-01-28 11:08
it depends. It all depends on the quality of management and business model. Some will succumb to profit taking and never recover.
The better ones will be able to make sure of the good fortune and circumstances to be better and stronger.
...............one more thing....the ringgit is not going to suddenly recover to below $4....that is just impossible.....more like $5 , if you ask me.
===========
murali > Jan 28, 2016 10:59 AM | Report Abuse
After most export co up 100-200% in 2015, this year appears to be much more challenging as less n less stocks can be found...and also some export co could see profit taking soon...
2016-01-28 11:15
he get paid to blog. for the purpose of pump and dump by syndicate. thats what i know.
2016-01-28 11:17
air asia AND AIR ASIA X should be reasonable stock picks. but the political environment don't favor them.... How?
2016-01-28 11:19
its easier to spot fundamental errors in Icon because he focuses on telling grand mother stories not on equity research.
tkp2 > Jan 28, 2016 11:08 AM | Report Abuse
really kah? i browsed thru all your recent comments, beside you said all the good thing about your own counter, the rest majority are attacking Icon counters, there are so many blogs in i3, i don't really see you perform your so called "public service" in other bloggers.
2016-01-28 11:27
Desa i have to agree with your sharp observation. Iconwicked8888 is primarily a cut and paste pump and dump recommendation.
he has not been trained as equity analyst and he pretend to be one.
Posted by Desa20201956 > Jan 28, 2016 11:27 AM | Report Abuse
its easier to spot fundamental errors in Icon because he focuses on telling grand mother stories not on equity research.
tkp2 > Jan 28, 2016 11:08 AM | Report Abuse
really kah? i browsed thru all your recent comments, beside you said all the good thing about your own counter, the rest majority are attacking Icon counters, there are so many blogs in i3, i don't really see you perform your so called "public service" in other bloggers.
2016-01-28 11:29
AAX is heading for 32 sen, that's my take on technical chart. Anyone disagree pls speak up and let us hear yr views. Tks.
2016-01-28 11:34
I may be new to I3 but I am not born yesterday.
===========
VeryGray > Jan 28, 2016 11:32 AM | Report Abuse
Agree. iCON mainly go for dump and pump
2016-01-28 11:48
Offer price 1: 2.0-4.9x premium above NTA
Before the privatisation offers were made, Tiger Air and MAS picked up their
aggregate losses of S$1.5bn and RM5.5bn respectively over the past 4-5 years.
These losses had diminished NTA value of Tiger Air and MAS to S$0.08/share
and RM0.14/share respectively over time. However, despite lacklustre earnings
performance and high level of indebtedness (see Table 2), Singapore Airlines
(SIA) and Khazanah generously proposed to privatize Tiger Air and MAS at
respective S$0.41 and RM0.27, which were 2.0-4.9x higher than the companies’
NTA.
Unlike Tiger Air and MAS, AirAsia, the largest budget airline in Asia, has been
profitable since 2009. Importantly, there are good prospects for earnings
growth in AirAsia moving forward as the current low jet fuel price is expected
to improve earnings visibility as far as cost is concerned. As such, we believe it
will be difficult for minority investors to accept any offer prices of less than 2.0x
NTA.
2016-01-28 12:37
Koon Bee is here...i play play v paperplane only...but i really known to those big gun in the bank
2016-01-28 20:04
Koon Bee...
Hello.....so long no chat... How are u?
Luckily u play play only...
2016-01-28 20:05
Yum Kong.....Steven cannot eat,sleep n bangsai for the past few days.....don't simply scare people like that lah
2016-01-28 20:06
Koon Bee...
I know u re good heart one... Luckily u didn't kill his rice bowl. I thank you very much.
2016-01-28 20:10
VenFx
先礼候兵。 opponent like to embarrassing them self, what to do ?
2016-01-28 08:50