Someone posted a comment in my article, “Dear Mr. Koon” in the link below:
http://klse.i3investor.com/blogs/kcchongnz/110836.jsp
Posted by stockmanmy > Dec 4, 2016 02:13 PM | Report Abuse
( migrated to NZ, still want to teach Malaysians how to invest in Malaysia.....so old, still need to work so hard....how successful an investor can he be? And, how much he knows about Malaysian businesses living in NZ? He and his FA alone can survive in the KLSE jungle...?....that is pure misleading the general public. )
I always welcome comments, especially those critical comments come with facts and figures. I hate those who carry out personal attack, like the above saying that I am “misleading the public”.
One who claimed he was a qualified accountant would not make such statement without providing with some facts and figures; how is my teaching on investing misleading the public? how is my usage of FA misleading the public? Why can’t I be successful investing in Burs while residing in NZ? Why getting old can’t work hard? Which part of my 251 articles posted in i3investor, many of them with detail analysis, mislead you?
How did he conclude that I, “using FA in investing, can’t survive in the KLSE jungle”, despite I have given ample evidences with my two established portfolios which have yield more than 100% in the past three years, and another more than 40% now in the past one year?
http://klse.i3investor.com/blogs/kcchongnz/98798.jsp
Why can’t one who has migrated to NZ teach Malaysians how to invest in Malaysia in this information age? Is fundamental value investing different from different countries? Why can’t he be successful investing in Malaysia while residing in NZ? Why can’t he know about the business in Malaysia in this information age, while residing overseas? Why is it misleading if I say I have been doing it, and have done it extremely well, all with evidences?
About 5 months ago, we started to provide a stock pick service and invest in the SGX and HKSE using the kind of investing strategies such as the Magic Formula, dividend yield and Graham net net investing strategies, etc. Below is the article posted here with all the reasons of why we should be investing in the regional market using FA.
http://klse.i3investor.com/blogs/kcchongnz/102200.jsp
We did not reside in Singapore or Hong Kong for the last few months, for your information. Here is a review of the performance of our stock investment there after 5 months have passed.
For the last five months, 5 stocks, one in HKSE and four in SGX were selected, and detail analysis were carried out with comprehensive reports of our investment thesis and published in our private website.
In the last 5 months, KLCI is practically flat, and STI has gone up by about 2.7%. The average return of the portfolio of 5 the stocks is 10.3% as on 8th December 2016, outperforming the broad index by 7.6%. There was one loser and four gainers, or 80% success.
There were only three participants subscribing to our portfolio management service on its inception. We invested in a diversified portfolio of up to 20 stocks using the FA which we use everywhere in the world. All investors made positive returns in the four to five months’ period at +12.85%, 10.72% and 8.04% respectively, or an average of 10.5%. One participant joined a couple of months later, and his return is +3.24%, not too bad.
Why must one live in Hong Kong or Singapore to understand the businesses we invested in, and be successful? Why can’t fundamental value investing be used everywhere in the world? Why is fundamental value investing misleading?
Anyone who is interested to diversify his investments regionally and hope to have some guidance (for a small fee) may contact me at
ckc14training@gmail.com
KC
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Posted by Tryingtogetrich > Dec 11, 2016 10:01 PM | Report Abuse
Tq KC for your informative articles....... from your previous article u mentioned Invested capital (IC) = Fixed assets + Net working capital. Net working capital = Inventories + Receivables – payable..... however from investopedia net workin capital is current assets - current liabilities...... why is it different? Trying to learn
One thing you must know. Not everything given in the internet, including that of Investopedia and Wikipedia etc. is correct, or relevant to Bursa companies.
Think about it. If a company has a lot of cash which is not required for the ordinary business. Do you consider that cash part of working capital?
My answer is no. Hence the working capital formula given by Investopedia is not correct for my purpose, i.e. computation of working capital, and hence invested capital for the Magic Formula.
That is the reason why if you wish to be successful in investing, you need to learn FA.
2016-12-11 22:54
Posted by bracoli > Dec 12, 2016 12:27 AM | Report Abuse
Hi kcbe what do u think of centurion ?
You must be referring to Century Logistic. Haven't followed tgs stock for a couple of years. But looking at its financial results, business seems to have deteriorated, and at this price of 87 sen, I won't buy.
2016-12-12 10:10
Thanks but I meant centurion sgx
Ive read up some one the news seems biz competition went up alot hence it's most has gone
2016-12-12 10:20
Posted by bracoli > Dec 12, 2016 10:20 AM | Report Abuse
Thanks but I meant centurion sgx
Ive read up some one the news seems biz competition went up alot hence it's most has gone
How I wish I am a know-it-all person. But i am not. Sorry.
2016-12-12 21:47
Tryingtogetrich
Tq KC for your informative articles....... from your previous article u mentioned Invested capital (IC) = Fixed assets + Net working capital. Net working capital = Inventories + Receivables – payable..... however from investopedia net workin capital is current assets - current liabilities...... why is it different? Trying to learn
2016-12-11 22:01