kcchongnz blog
Investing through the tough years kcchongnz
In my last article a couple of days ago, “2017 New Year Reflection on Fundamental Value Investing in Bursa” in the link below,
http://klse.i3investor.com/blogs/kcchongnz/112906.jsp
I have shown that two portfolios of mine return an average of 135% over a three and a half years’ period, or a compounded annual return (CAR) of about 28%. I presumed it has answered the demand of the following comments, as I did not hear any more comment regarding the documented proof I have furnished showing the portfolios have extra-ordinary return in Bursa.
“It is most important for KC Chong to show proof because he is selling his programme on share investment. …..KC Chong’s sole purpose is to blow his trumpet and begging others to buy his product.”
[Posted by shortinvestor77 > Dec 24, 2016 11:29 AM | Report Abuse
Blanked is right. All of them must tell us now how much in total money they made/lost in the markets and their ROC per year in average. Don't just teach the good knowledge (in theory), but show practical proofs.]
[Posted by Flintstones > Dec 2, 2016 12:05 PM | Report Abuse
Posted by paperplane2016 > Dec 2, 2016 12:03 PM | Report Abuse
hahahaha.,.,.,.,.,.,kc chong write fancy FA studies, but still fail to make money.
Reason: Tak ADA COMMON SENSE mah!!!!
hahahaaaaaaaaaaaaaaaa]
What I was trying to do is to show you fundamental value investing (FVI) does work all over the world, including Bursa, rather showing off my return from investing. Based on the stocks in the portfolios, I have written many articles on how to gauge if they were good companies to invest, and how to carry out valuations to compare price and value, and making decision on investing in them. I know I have been repeating about this FVI thingy, but those investors who were convinced and far and between.
“Value investing is either you get it, or you don’t” Seth Klarman.
Despite of all the analysis, valuations and detailed investment thesis, I still often receive comments like these below.
[Posted by Koon Bee > Nov 7, 2016 12:35 AM | Report Abuse 
Yes...i think his (KC Chong) 2013 stock pick is tikam only]
[Posted by John Lu > Nov 25, 2016 08:37 AM | Report Abuse
KC out of idea what to buy after 2013]
Investing in Bursa was tough from the beginning of year 2014. The broad KLSE Index started at 1835 at the beginning of the year. The index rose to a high of 1885 in June 2014, but plunged to close at 1761 at the end of the year, for a loss in the year of 4%, or 6.6% from its peak, due to the plunge in crude oil price, followed by palm oil price. This event was never expected by any economist, or analyst. This was exaggerated by the slow down in property prices, and the surfacing of 1MDB fiasco. The index continued to drop, by a further 4% to close at 1693 at end of 2015, and further 3% to 1642 at the end of 2016. Total drop of the broad KLSE index was 10.5% from beginning of 2014 to end of 2016.
“Investing is not easy, anyone thinks it is easy is stupid” Charles Munger
I have started to provide a fee based online investment course, and a stock pick service since then. I had to focus and hence busy on teaching and providing stock pick service to my students. Despite of that, I still do posting in i3investor, mainly on some educational matters on investing, and warning newbies and youngsters on margin finance, avoiding investing in lemons etc. Besides, I still analyze companies and posting my stock analysis in i3investor.
In the year 2014, I have posted a total of 13 stocks analysis in i3investor as summarized in Table 1 in the Appendix, “Stocks picked in 2014”. These were well documented in i3investor with the investment thesis, their stock prices then, and their latest return as on 4th January 2017. One could easily goggle and check.
The 13 stocks were made up of a diversified group of companies in different industries, with different investment strategies. Most of them were selected based on earnings based, “Good companies selling at cheap prices”, something like Joel Greenblatt’s Magic Formula, or Coldeye 5 yardsticks, the Graham net net in Kuchai, Perak Corp, and Plenitude. A couple of them were selected using risk arbitrage strategy, such as Kuchai and Perak Corp.
Return on “Stock Picks in 2014”
The risk arbitrage of Perak Corp was a failure with a huge loss of 50% as it is now. The privatization deal faltered due to disagreement of a major shareholder, Sime Darby. The lesson learned here is unless the potential gain is very high, it is not worth taking the risk as quite a number of other proposed privatizations failed too, and share prices revert to their preannouncement prices.
Another lesson is asset-based investing strategy doesn’t seem to work in Bursa as evidenced from Plenitude, which the price has fallen by 47%, despite of its huge under-valued landbank. Kuchai, a negative enterprise value stock, despite of its huge amount of marked-to-market cash or cash equivalents relative to its price, refused to unlock its value.
A more important lesson is diversification avoids adversity. Imagine if I only hold these two stocks, Perak Corp and Plenitude, as I was so confident about them, yes, I was very confident about them. but luckily, I was not “over-confident”, and they only form part of my diversified portfolio, and those were the only two under-performers.
The portfolio, overall, did very well too with 10 winners 3 losers. the average return over the 2-3 years’ period was 44.3%, or a median return of 32.3%, compared to the drop of the market, including dividends, of 5.2%, or a positive alpha of 49.5%. The CAR of the portfolio over the 2-3 years was a commendable 15.8%.
There were some multi-baggers too in Magni-Tech at +148%, Scientex, +146%, and Latitude, +107%.
If I can continue with this 15.8% CAR over a long period, the eighth wonder of the world in compounding will work its way handsomely in my investment. Note, this 15.8% CAR was obtained through some bad years in the local equity market.
Conclusion
Fundamental value investing works in the good time. It also works well in the bad time as shown by my documented proof in Bursa. In Bursa, unlike in other bourses such as that of US, FVI works well in earning based cases, but it doesn’t seem to work well in asset-based investing. Probably, it requires longer time to bear fruits.
Diversification remains the only free lunch in investing, including that in Bursa.
“Any more documented proof that FVI can make money in the stock market?”
Certainly. Akan datang.
If you are keen to learn about this proven method of investing for satisfactory return with little risk, including a stock pick service, please email me at
ckc13invest@gmail.com
Sorry for this advertisement. I am just too passionate in teaching the “Right path” of investing in a jungle out there. This is not a trumpet blowing about how much I have made in the stock market, nor “begging for buying of investment product”, but a provision of an undervalued life-long learning which is beneficial to your financial wellbeing, in the long run. I have given you many documented proofs.
FVI provides you with a clear, plausible and proven profitable investment method. There is no “tikam”.
K C Chong
Appendix
Table 1: Return of Stocks Picked in 2014
More articles on kcchongnz blog
Insas Warrants WC and Its Valuation kcchongnz
Created by kcchongnz | Jan 22, 2024
Which to buy, Insas or Insas WC?
Isn’t this the most undervalued stock in Bursa?: Insas Berhad by Kcchongnz
Created by kcchongnz | Jan 15, 2024
2024 New Year Reflection Investing in the Stock Market: Timing the Market
Created by kcchongnz | Jan 01, 2024
2023 Christmas reflection on pitfalls of investing in the Malaysian stock market kcchongnz
Created by kcchongnz | Dec 25, 2023
Introduction: The Complete Dividend Investing Guide That Works by K C Chong
Created by kcchongnz | Oct 02, 2022
Discussions
8 people like this. Showing 50 of 102 comments
Good thing Master OTB has spoken the gospel truth...investment must have FA mah....!!
Raider hope, people do not get mislead....Investment it is not business sense without FA mah....!!
FA is business sense loh!! Hope people understand this loh...!!
2017-01-08 12:21
Coldeye put it best.
A stock has 2 engines,one is its fundamentals and the other is market sentinment.Get it right and you would outperform.
For me,fa alone is never enough.
2017-01-08 12:27
After all that is being said,i do respect KC for his unselfish and generous sharing of his knowledge.I3 is fortunate to have you KC Chong.
2017-01-08 12:30
Cold eye also mentioned, if u can invest at least 3 years with property, why can't u invest 3 years on Equity leh ?
More Monies are make longer term on good stocks, than hit and run mah..!!!
2017-01-08 12:32
Stockraider,everyone has his own style to suit his own personality.
What is good for you maybe too boring for me :)
2017-01-08 12:34
KS 55, proceed with caution is the theme of this year? Remain invested, add no new money into the stocks current portfolio. Accumulate cash from dividend n saving?
With such, u get a upside if market run rampant north up still this year. If collapse, top up.
Get a feel of bursa market currently. Low range IPO issuance in fy2016. Low foreign holding. Attractiveness in USD term for bursa. Most situations pessimistic. No orgasm n just die?
On the other hand, global negative news are everpresent. Your says?
2017-01-08 12:34
1. U can choose FA for its foundation and carry forward long term. But Gtronics, FLBHD broke down some time ago, why?
2. U can choose TA if you want quick entry and quick exit.
3. U can be more cautious and need "business sense" to check what happen currently and its implication in future eg Trump factor, cyclic stock w climate factor, government policy etc.
U can choose 1 & 3 for long term, 1& 2 for short term or 1,2 &3 for long/short term.
The choice is yours.
As long as u make $$; white cat black cat the one that catches the mice is a good cat.
Your take?
2017-01-08 13:02
Rchi,
Fair comment loh, but still it is right way to invest mah...raider introduce a safe and steady way to make monies...no matter how boring loh...!!
It is up to the reader on attitude to learn and accept or reject mah..!!
2017-01-08 13:07
This year will be like any other way except more volatile.The ringgit has now no direct correlation with the price of crude oil even though OPEC has now reached production cut consensus.The direction of the ringgit is the key factor like it or not.FA alone can not be the only instrument to make profits.Bursa Malaysia is now no more the same animal we saw in the 1990s with the stocks making new highs on a daily basis.To have a 3 year time frame to make a hefty gain based on FA alone is way behind time.You need to use also FA to have timing and move in and out of the stocks ie. swing trading and I am not recommending day trading.
The odds are against one if you just wait for the market to collapse like our dear I Capital guru Tan Teng Boo who had predicted the market collapse some 5 years ago.Yet if you are smart enough you would have ride on the export related sector.Yet he kept his huge cash hoard and bought only some notable ones like Padini,Parkson ,Boustead because he claims to be a student of Warren Buffett.He missed out on the strongest swings on the strongest sectors!!!! and On the other hand if you buy on fundamentals if the market collapse you would have to wait for a 3 year cycle before you sell the stock because of expensive PER.In the meantime you collect dividends but if you are lucky if you buy British American Tobacco but hey have you heard they are quitting Malaysia and setting up shop in Indonesia?Where is the next BAT..take a bet on GLCs?
The dividends you collect in the meantime is just pittance.If you are retired you would claim tax set-off but now with the single tier dividends you are highly respected because you pay taxes to the government and not get any tax set-off.Which brings to the irony that it is better to beg for BRIM and that is a better dividend payout twice a year and on time without going through AGMs.
With high cost of inflation and shrinking value of ringgit going just on the FA way is just adding negative returns to you ringgit if you take a 3 year time frame.You just need to add another tool ie. TA which is relevant as Bursa Malaysia is now morphed differently now and not even an old bull..it should be retired and graze it the fields.Those who ride on the retired bull in the field are like the ones going for a joy ride..ie. TA players who go for the joy ride knowing that the momentum and play is only a small window to make money in the market.
2017-01-08 13:14
Stockraider
I appreciate your input.Maybe it is a bit boring like KC,but it is genuine and it works.I3 is fortunate to have you too.
I am pretty good myself but i am forever open to improve my technique.
To me,stocks investing/trading is a hobby rather than work.
And most importantly this hobby pays me very well.
2017-01-08 13:16
What to do, when world monies is cheap leh?
Safe Monies in FD give 3% to 4% pa....so if u r...daring, u need to look at alternative loh.....!!
The best return....can be found where....people fear most loh..!!
But fear bcos perceive high risk loh....!!
But whether...the perceive risk is real...or not....that call for research and facts to confirm and uncover the perception is wrong mah...!!
Thats how u make monies loh...!!
U make monies on fear mah...!!
2017-01-08 13:21
My final say on this topic...
For newbies,learn FA first.Build the foundation,with a strong foundation then only you can think of how many stories you want to build.
In universities,they teach FA in the bachelor degree course,not TA.
However,they do teach TA in postgrads courses.
Above all,Market Experience reigns supreme.
2017-01-08 13:28
well, Hibiscus, Reach and SK Petrol definitely shows the futility and wrong headness of FA in choosing opportunities.
after all, who actually keeps the same share for 5 years?
5 days get out of here already.
5 weeks would be excellent
and 5 months is the rare real sifu.
2017-01-08 14:04
Above all,Market Experience reigns supreme.
Nothing to replace experience and history lessons.
If I want to employ a Fund Manager, I will employ a history graduate, one who is interested in history over an accountant, over an engineer.
2017-01-08 14:07
hahaha.. hold 5 days got 5 days strategy, 5 months got 5 months strategy, 5 years also got 5 years strategy. If don't know how to make money each type then plenty strill to learn. Whatever it is, if a person thinks only his way of investment is best than that person definitely is noob.
2017-01-08 14:15
In whatever area of expertise, there is a tool set
a good carpenter relies on appropriate tools
a bad carpenter blames his tools
More so in the area of share investment
Where 99% of the outcome is because of the behavior of the person and 1% is on the shares bought.
Where everyone uses the same tool set, or pretends they use the same tool set. From the part time housewife who asks for the eps and PE of the companies to the Warren Buffett wannabes..I think Stockmanmy is the only one who questions the appropriateness of the tools employed.
Stockmanmy has never written any book and no author has ever written from Stockmanmy perspective.
Never mind, there is always a first time.
2017-01-08 14:24
Don't worry about bear
Invest wisely by not picking crap stocks (so that don't go Pn17 during difficult time)
One day the bear will come
It is ok, let him do whatever it wants
The key is not to give up. Follow through the bear cycle and keep on trying.
One day it will hit rock bottom.
The market always come back, you will make back your money. It will be more than before the bear cycle. This is because you will have plenty of opportunities to benefit from rotational plays while everybody is so scared by the bear until they are numb. You throw money to them also they scare to pick up
Bear is great great great opportunity to make a lot lot lot money. I repeat : the key is to follow through the whole cycle and don't give up
This is based on my 1997 experience
p/s : bear last for at most 2 to 3 years. Market always come back
Posted by ks55 > Jan 8, 2017 12:23 PM | Report Abuse
Make tons of money in bull but lost all in bear. Does it make sense?
More thoughts should be given as how to keep your profit from the bull market while waiting for opportunity in the bear. How to do it should be your concern.
2017-01-08 14:40
Icon8888 > Jan 8, 2017 02:40 PM | Report Abuse
Don't worry about bear
============
I agree. I have finally graduated from the worrier category to the smarter category.
This year, I will be trying some thing I have never done before.
I will be 100% invested at all times,..and if I want to buy some thing, I will have to sell some thing.
This way, I have my portfolio always pruned, always having the best probabilities and always ready to go.
2017-01-08 14:48
When you are big, you don't play hisbicus, reach, etc
Those stocks are for RM100k portfolio
When you are big, you forego those stocks and go for safety and quality. You can't afford the risk
If you are wrong with your RM100k portfolio and it shrinks 50%, you loss 50k. No big deal
If you are wrong with RM10 mil portfolio and shrink 50%, you loss RM5 mil. That is an entirely different concept
p/s : I am not implying I am big
Posted by stockmanmy > Jan 8, 2017 02:04 PM | Report Abuse
well, Hibiscus, Reach and SK Petrol definitely shows the futility and wrong headness of FA in choosing opportunities.
after all, who actually keeps the same share for 5 years?
5 days get out of here already.
5 weeks would be excellent
and 5 months is the rare real sifu.
2017-01-08 14:49
stockmanmy, let me teach you how to overcome stock market anxiety
You just don't look at it
2017-01-08 14:53
If choose Puncak and Shell last 2 years what is the returnleh?
Posted by stockraider > Jan 8, 2017 01:07 PM | Report Abuse
Rchi,
Fair comment loh, but still it is right way to invest mah...raider introduce a safe and steady way to make monies...no matter how boring loh...!!
It is up to the reader on attitude to learn and accept or reject mah..!!
2017-01-08 14:57
IF U CHOSE SHELL...AND BOUGHT LAST MONTH....DURING SELLOFF U MAKE MORE THAN 100% ANNUALISED MAH....!!
ANYHOW...THIS IS JUST A SIMPLE EXAMPLE LOH....!!
IN STOCKMARKET....IF U CAN MAKE DOUBLE DIGIT EVERY YEAR CONSISTENTLY FOR SAY 8 YRS...U ALREADY THE 3% INVESTOR IN MSIA LOH...!!
2017-01-08 15:01
yes, I definitely watch less Bloomberg, CNN and BFM already especially after Trump won the elections. I just cannot bear to watch any Trump related news.
Icon8888 > Jan 8, 2017 02:53 PM | Report Abuse
stockmanmy, let me teach you how to overcome stock market anxiety
You just don't look at it
2017-01-08 15:05
Posted by stockmanmy > Jan 8, 2017 03:05 PM | Report Abuse
yes, I definitely watch less Bloomberg, CNN and BFM already especially after Trump won the elections. I just cannot bear to watch any Trump related news.
YA LAH....WHAT IS THE USE...U COME TO I3....EVERYDAY....BLAH...BLAH..BLAH ....EVERYDAY SURE AFFECTED LAH..EVEN WORSE THAN WATCHING CNN, BLOOMBERG AND BFM EVERYDAY MAH....!!
SO NO USE LAH...YOUR REMEDY OF NOT WATCHING NEWS LOH...!
2017-01-08 15:09
Someone who always deleted his posts not qualified to talk big. If invest in BIMB-W also lose over 60% past 2 years.
Posted by Juice Tomato > Jan 8, 2017 03:04 PM | Report Abuse
For this year long challenge, Bimb pass my FA,TA and VA requirement! Bimb is definitely stock that going to breakout soon! My minimum target is 6.00! It's a no brainer!
2017-01-08 15:13
more people should point out value traps.
I am strongly in favor of people writing about value traps.
We have limited capital. Every purchase is opportunity cost . More people should write about value traps because everyone wants to be Value Investor.
2017-01-08 15:14
THERE IS NO VALUE TRAP IN REAL LIFE IF U INVEST PROPERLY...IT IS WHETHER U MAKE A MISTAKE BUYING AND HOLDING OR NOT MAH....!!
IF U THINK MAKE A MISTAKE....U JUST SALE LOH...!!
IF U THINK IS NOT A MISTAKE...THEN CONTINUE TO HOLD LOH...!!
CUT LOSS OR CLEAR MISTAKE...IS PART OF INVESTMENT, DO NOT REFUSE TO CUT LOSS, WHEN MISTAKE AND CALL IT VALUE TRAP MAH...!!
2017-01-08 15:19
You are referring to KCChongnz and Icon8888 right?
KCChongnz recommend buy call on Bimb Wa at 0.68
http://klse.i3investor.com/blogs/kcchongnz/49210.jsp
Icon888 recommended buy call on Bimb Wa at 0.42
http://klse.i3investor.com/blogs/icon8888/78939.jsp
Posted by donfollowblindly > Jan 8, 2017 03:13 PM | Report Abuse
Someone who always deleted his posts not qualified to talk big. If invest in BIMB-W also lose over 60% past 2 years.
Posted by Juice Tomato > Jan 8, 2017 03:04 PM | Report Abuse
For this year long challenge, Bimb pass my FA,TA and VA requirement! Bimb is definitely stock that going to breakout soon! My minimum target is 6.00! It's a no brainer!
2017-01-08 15:20
Right. It seem not only I am the only want to know it. That's why Juice Tomato keep promoting BIMB because he invested in BIMB-W.
2017-01-08 15:23
Raid
Value traps are easy to define.
These are so called clear value propositions traded at discounts to so called true or fundamental values but you touch, you die.
Traps countless numbers of value investors, die already still don't know why die.
2017-01-08 15:36
We know you hate KCChongnz since day one.
Posted by donfollowblindly > Jan 5, 2017 04:54 AM | Report Abuse
kcchong 42? No wonder KYY said kcchong only good at wanting to sell his investment product but not doing well to make money. KYY is proven very rich but how rich is KC who keep trumpet his co called high return investing?
2017-01-08 15:39
RAIDER SAYS KC IS A REAL SIFU ON BIMB..!! WHY ??
" A case study on BIMB Wa
BIMB Holdings Berhad is engaged in the Islamic banking, Takaful and others such as investment holding, currency trading, ijarah financing, stockbroking and unit trust. Its share price has dropped from a high of closed to RM5.00 six months ago to RM4.23 now, mainly due to its poorer performance for its final quarter result ended 31st December 2013 resulting from a one-off tax charge of dividend income. Its full year result remains unchanged with earnings per share of 24 sen.
With its recent acquisition of 49% equity interest in Bank Islam, it is expected that there will be substantial increase in earnings in the future. CIMB gave it a target price of RM5.45 a month ago.
BIMB and its warrant, Wa closed at RM4.23 and 66 sen respectively on 28th March 2014. The exercise price of Wa is RM4.72 and the expiry date is on 4th December 2023, or in nine and a half years time. The warrant is hence way out-of-the-money with zero intrinsic value. The premium now is 27% [(0.66+4.72)/4.23-1]. The value of Wa is purely in its time value, a value which is considerable due to its long expiry date. The gearing is 6.4 times (4.23/0.66) which is reasonably high and hence attractive. Hence Wa appears to be a good alternative in investing in the business of BIMB.
Black-Scholes Option Pricing
With the underlying share price at RM4.23, exercise price of RM4.72, 9.7 years to maturity, a dividend yield of 1.7%, risk-free rate of 4% and a historical volatility of BIMB at 29.5%, the option value of Wa is RM1.41. This shows Wa at 66 sen, is apparently trading at 53% undervalued."
RAIDER COMMENT;
KC PUT IN AN INVESTMENT OF RM O.66...TO CONTROL AN INVESTMENT OF RM 4.23....ALTHOUGH RIGHT NOW IT IS RM 0.28....BUT STILL GOT ANOTHER 5 YEARS TO GO B4 EXPIRY LOH...! THE BLACK SCHOLES FORMULA HAD FAILED THIS TIME
I THINK NOT END OF THE WORLD YET BCOS STILL GOT LONG TIME LOH...!!
NOW AT RM 0.28 MAYBE...IT IS EVEN A MORE INTERESTING BUY ?
2017-01-08 15:39
You must be hating KCChingnz 24/7
Posted by donfollowblindly > Oct 15, 2016 10:16 PM | Report Abuse
Agree. Condemning is his motive. KC also a lot of Holland counters. Pls refer to my past posts. If he is really good he must be very rich and no need to beg people "joining his course for a fee" in his numerous blogs.
2017-01-08 15:41
Because he also good at attacking others through his blogs. If he is Buddhist this is called karma.
2017-01-08 15:42
Is that you KYY?
Posted by donfollowblindly > Jan 8, 2017 03:42 PM | Report Abuse
Because he also good at attacking others through his blogs. If he is Buddhist this is called karma.
2017-01-08 15:43
Posted by donfollowblindly > Jan 8, 2017 03:42 PM | Report Abuse
Because he also good at attacking others through his blogs. If he is Buddhist this is called karma.
U ONLY GIVE 1 EXAMPLE OF KC FAILURE....THIS IS NOT FAIR COMPARISON MAH...!
WHEN KC HAVE COMMENTED AND GIVE EXAMPLE OF AT LEAST MORE THAN 10 SUCCESSFUL PICK MAH....!!
NOW SURELY IN INVESTMENT...U SOMETIME, U MAKE MISTAKE MAH...!
SO YOUR COMMENT IS NOT FAIR AND UNREASONABLE LOH...!!
2017-01-08 15:47
I will not buy BIMB and its warrant because it does not comply with the second part of my 3 parts evaluation namely.....business, then people then numbers.
2017-01-08 15:51
In evaluating bank shares, people then becomes number one because there is nothing else to fall back on.
2017-01-08 15:56
blind blind
It is not fair to dig up old history because all recommendations come with expiry life and things change.
2017-01-08 15:59
Are you sure only 1? How abt Coastal Contract, FL Bhd, Maybank C-6, MRCB-W?
Posted by stockraider > Jan 8, 2017 03:47 PM | Report Abuse
Posted by donfollowblindly > Jan 8, 2017 03:42 PM | Report Abuse
Because he also good at attacking others through his blogs. If he is Buddhist this is called karma.
U ONLY GIVE 1 EXAMPLE OF KC FAILURE....THIS IS NOT FAIR COMPARISON MAH...!
WHEN KC HAVE COMMENTED AND GIVE EXAMPLE OF AT LEAST MORE THAN 10 SUCCESSFUL PICK MAH....!!
NOW SURELY IN INVESTMENT...U SOMETIME, U MAKE MISTAKE MAH...!
SO YOUR COMMENT IS NOT FAIR AND UNREASONABLE LOH...!!
2017-01-08 16:01
Icon can further elaborate your 1997 experience? It will be of great learning for newbie like me...
2017-01-08 16:33
Posted by donfollowblindly > Jan 5, 2017 04:54 AM | Report Abuse
kcchong 42? No wonder KYY said kcchong only good at wanting to sell his investment product but not doing well to make money. KYY is proven very rich but how rich is KC who keep trumpet his co called high return investing?
Everybody's needs and wants are different; some like it to be very rich, but some are happy just to do good to the society by teaching some valuable knowledge.
2017-01-08 22:16
Posted by rchi > Jan 8, 2017 12:27 PM | Report Abuse
Coldeye put it best.
A stock has 2 engines,one is its fundamentals and the other is market sentinment.Get it right and you would outperform.
For me,fa alone is never enough.
Posted by rchi > Jan 8, 2017 12:30 PM | Report Abuse
After all that is being said,i do respect KC for his unselfish and generous sharing of his knowledge.I3 is fortunate to have you KC Chong.
rchi,
Thank you very much.
2017-01-08 22:20
Posted by donfollowblindly > Oct 15, 2016 10:16 PM | Report Abuse
Agree. Condemning is his motive. KC also a lot of Holland counters. Pls refer to my past posts. If he is really good he must be very rich and no need to beg people "joining his course for a fee" in his numerous blogs.
Wow, I didn't know you follow so blindly that the way you write also mimic so closely to your idol.
By the way, I have told you before I have never invested in the Amsterdam Stock market before.
2017-01-08 22:23
Posted by donfollowblindly > Jan 8, 2017 03:42 PM | Report Abuse
Because he also good at attacking others through his blogs. If he is Buddhist this is called karma.
Show please!
But make sure you understand what is deliberating about n issue, and what is personal attack.
2017-01-08 22:27
Post a Comment
Featured Posts
Open a Moomoo Account Today and Win an Apple iPad Air*!
Apps
Top Articles
1
Nuclearinvestment
2
3
博傻理论
4
Good Articles to Share
5
AmInvest Research Reports
STRATEGY - Local Institutional Support Drive Upward Momentum
6
THE INVESTMENT APPROACH OF CALVIN TAN
MKHOP (5139) What Is Its Current Forward P/E and Intrinsic Value, Calvin Tan
8
M+ Online Research Articles
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
rchi
Fa is the foundation.Without a strong fountain,the building could collapse easily.
Ta is the technique to build a building faster.Without ta,fa wud still survive but the building would be built slower.
Market experience is what would make fa and ta work best.
If one has been thru 1993-1994,1995-1996,1999-2000,2007-2008...what else has one not seen.
2017-01-08 12:21