what aspect of FA should we start off the debate?
Could any of OTB 12 formulas predicted DKS, a solid solid company profit and share price decline?
Could any KC advanced FA tools predicted DKS profit and share price decline?
What about cash flows? DCF?
Typically more than 50% of DCF valuation comes from the terminal value at the end of cash flow forecast period. ...5 years, 10 years down the line and its k and g......KC.....One year also people have a hard time forecasting, you want to talk about what happens 5 years, 10 years down the line?
FA?
I hereby propose that to be a winner in the KLSE, one only needs the rudimentary knowledge of financial matters some one like KYY already have. plenty. Of course, there are also other necessary conditions to be successful in the KLSE.
Advanced FA knowledge?
No, it is just some thing salesmen sells to people.
People feels inadequate, lacks the confidence, lacks the knowledge, lacks the skills, lacks the experience of successfully navigating the jungle of the KLSE.
People can spend years looking for the holy grail.
Well, they should . Every thing they learn and experience comes in handy....but advanced FA techniques ? A rudimentary knowledge of FA is enough to make good decisions. At the end of the day, it is still the person.
Let me suggest strudying history and studying case studies is more important than any advanced FA techniques.
KYY success overstated / overrated
he made one round in 2015 on furniture stocks, after that lost his pants at geshen, focus lumber, johotin, etc. Not to mention his pre 2015 fiascos involving mudajaya, jayatiasa, xinquan, etc
as I mentioned before, his concept is correct, but the devil is in the details
his inability to predict coming year earning is his biggest weakness, causing him to lose money one case after another after a lucky 2015. This is made worse by the blind belief in the elusive "business sense" that has no scientific basis.
Won one year lost 2 years, what business sense ?
nonsense
2016-12-03 16:50
I like Forest Gump investing.....dumb dumb make money.
Focus on one thing and got it right.
Live a blessed life.
Happy life
Do charity.
KYY investing and KYY history is Malaysia Forest Gump.
And icon.......from what I know, you have misrepresented his abilities.
2016-12-03 16:55
actually by right...people like him are the ones who should have access to high level business information....if he had provided these itself (without himself getting involved-buy/sell the stocks) ...the forumers would have cherished.
After helicopter ride with Antos also still no business sense..
2016-12-03 16:58
Icon
Mistakes did not kill the old man
Make huge killings when right.
That is the way of the blessed life.
You better learn how to get a blessed life
2016-12-03 17:01
I think FA or whatever A, all can not be applied to the small and medium size companies in Malaysia, the not-so-rich bosses can not be trusted, they tend to drill holes at the drawers.
My long investment target are those big companies owned and managed by the very rich families.
2016-12-03 17:09
Small fish like me more incline to icon method than gungho stockmanmy. All methods participate in the environment contains element of uncertainty. Even with stockmanmy, win big 1st can also lost big next time. Small fish apply your method jump off the bridge alrdy. No method 100% la.
2016-12-03 17:17
I agree with you , gambler
But there are 2 kinds of people....the skeptical prevention people and the trusting promotion people optimistic people.
Know what? Only the promotion focus people get to be rich from the stock market....not blind faith, but confidence and promotion focused.
To lead a blessed life, one first have to be confident.
2016-12-03 17:28
Cheeky
A good buy is a good business, good people and good numbers in that order.
Many FA experts focus so much on the numbers, they never even discuses the business and the people.
I like forest Gump......focus on one thing and dumb dumb make money.....but he never ever focus of the numbers like the FA experts.
2016-12-03 17:33
I met kyy once, a bit bossy but doesn't strike me as arrogant. it is good for him to share his thoughts but his tone is his blog posts certainly is not the nicest. and as many forumers have pointed out, his track record is a bit shady. if he has invested equal amount in all the stocks he promoted, most likely he's still in a net loss position
2016-12-03 17:42
Follow the smart money/insiders into or out-of leading stocks in the sector. They buy you buy.They sell you sell. Make sure the company have low possibility of PN17ed within 3 years.
2016-12-03 17:48
Actually i am just here to make money. Watever that works....works. some fa works on some stocks. Other stocks a keen sense of smell is needed to strike big.
There is no right or wrong. Arguing who is better is senseless.....
We leave that to god .....
2016-12-03 18:01
KYY can only flourish if he can find a good analyst to advise him. His concept is right, but stock market is more than just leadership, vision or guts. It is about numbers. Get the future EPS wrong, you are fxck, irregardless whether you are 80 years old or 18 years old
2016-12-03 18:08
Raider don know why Icon and kyy have disagreement about ?
They should best of pals...their investment tech are exactly similiar mah...!!
Then why they act like enemies ?
2016-12-03 18:10
Anyway, I am just stating it as a matter of fact. I give credit to him when it is due, but slap him when he talks nonsense. He could be ten feet tall in real life, but that has got nothing to do with me. I don't get a single sens from him, why do I need to butter him ?
2016-12-03 18:21
The question stockraider should ask is "why are others not behaving like Icon ?", "Why do they need to be so deferential to KYY ?". Did they ever get a single sen of benefit from him ?
When you look at things from this point of view, then you realise Icon is the normal, not the freaks
2016-12-03 18:24
icon is the populist, The Donald trump.?
ted by Icon8888 > Dec 3, 2016 06:24 PM | Report Abuse
The question stockraider should ask is "why are others not behaving like Icon ?", "Why do they need to be so deferential to KYY ?". Did they ever get a single sen of benefit from him ?
When you look at things from this point of view, then you realise Icon is the normal, not the freaks
2016-12-03 18:31
alamak...now Icon have taken the Superinvestor - Stock god throne from KYY!
The old lion had been overthrown...:(
2016-12-03 18:32
I just hope for little bit of return lah.... Stock God is a meanjngless title
2016-12-03 18:48
Oh ya...paperplane! I forgot...
if next year he is in top 5 also...he definitely deserve this title - Donald Trump of Malaysia! :)
2016-12-03 18:51
icon
you are no better no worse than KYY.
Should you apologise to those who lost money on Tek Seng? Refund to losers? $ 1.20 now, 70 sen looking at bankruptcy? almost 50% lost.
Tek Seng....$90 million stock they cannot push. $ 180 million bank borrowings....they are looking at bankrupcy and you may read about it in coming months.
No, it is not just a bad quarter....Tek Seng is looking at bankrupcy.
2016-12-03 22:45
Perception of a stock is changing everyday. Even the best sifus kungfu is no guarantee of 100% success. But I learn at least something from all the sifu out there. Tq.
2016-12-16 12:20
DKS jumps 50% from 23/8/16 to 20/10/16. Smart investors sold out. No need to find out reason or cry over spill milk. I will not blame anybody or sifus.
2016-12-16 12:35
Buy up trending stocks provided they have good profit growth prospect and selling at low P/E ratio
simple as ABC....it works like magic for the gifted ones.
2016-12-16 13:16
For the 90% who lost money in stocks over the long term, it is only fair that they stop trading or investing, and spend some time to re-examine whatever philosophy or methods they were using.
2016-12-16 13:25
for the not gifted ones, should stick to high NTA stocks and value investing and the forgotten stocks with no volume....that way, will not be be killed , will not be eaten by sharks.
No need to jump down.
2016-12-16 13:54
those seeking margin of safety will get safety but no profits.
You can't have both.
2016-12-16 13:58
Big margin of safety = Big returns. Low risk, high returns strategy of Ben Graham & Buffett. Stockmanmy will benefit by subscribing to KCChong's online course. :-)
2016-12-16 17:43
<<<Posted by stockmanmy > Dec 16, 2016 01:58 PM | Report Abuse
those seeking margin of safety will get safety but no profits.
You can't have both.>>>
This statement is so stupid. Do you understand margin of safety? Do you understand investing at all?
2016-12-19 08:46
3iii
yes, I understand margin of safety...it means put your money in FD.
2016-12-19 08:53
this forum has far too many people posting far too much about margin of safety which turns out to be an illusion.
Better to have a better helicopter view of the possibilities around you and to make a difference via the stock market.
2016-12-19 09:02
Nice to see 2016 post discussing about KYY. Now that it is 2019, does that change at all? Just a question.
2019-09-19 10:34
stockmanmy
for Dynamic Investing, come here
http://klse.i3investor.com/blogs/stockman/110801.jsp
2016-12-03 16:32