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I3investor Annual Competition Rule Must Change - Koon Yew Yin - comment here
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Publish date: Sun, 25 Dec 2016, 03:22 PM
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I3investor Annual Competition Rule Must Change - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Sun, 25 Dec 2016, 02:36 PM
I wish to take this opportunity to wish all my readers including my critics a Merry Christmas and a Happy 2017. I hope you all especially the losers will make more money in 2017.
After I posted my last article “KC Chong & KYY must show proof of making profit”, I was afraid to look at I3investor website to avoid seeing senseless comments. In fact, my wife tried to stop me from posting the article because in showing proof of making profit, I had to boast about my phenomenon achievement.
Yesterday I received the following emails:
timetokoon has left a new comment on portfolio "Stock Pick 2016 - Koon Yew Yin":
Ah Koon is winner for 2016
curious2 has left a new comment on portfolio "Stock Pick 2016 - Koon Yew Yin":
Is TKW competition relevant? So KYY must be poor guy to lose 15%?
younginvestor92 has left a new comment on portfolio "Stock Pick 2016 - Koon Yew Yin":
Unbelievable...... this is the track record ?
Why_ has left a new comment on portfolio "Stock Pick 2016 - Koon Yew Yin":
KYY YTD down 15% is poor man?
I advise the above writers to examine their track record to see why they are losers, not only in the stock market but also in their whole life. They must read the most published book beside the holy bible, called “How to win friends and influence people” by Dale Carnegie. In fact, everybody must read it to be more successful in life.
Obviously the above writers have not read the book, otherwise, they would not have insulted me.
As you know, you always need someone to help you. First the medical team helped you come out from your mothers’ wombs. When you wake up every morning, you need someone to produce the food, clean water, your clothes etc. for you. Every hour you need someone to help you. When you are working you need some help from somebody, when you are looking for shares to buy, you need someone to produce the company reports for your information. In short, it is impossible for anybody to go through life without help from someone.
Another classic book I recommend you to read is click this link: http://cnb.cx/2i52UEW
The key takeaway from Bill Gates and Warren Buffett's all-time favorite book
Coming back to the competition, the rule of not allowing participants to buy and sell during the whole year is unfair.
Focus Lumber was one of the stocks I picked. The reason for my selection was that the company exports its products, a special type of thin plywood, to USA for US dollars and knowing our Ringgit was depreciating in value, I thought Focus Lumber would continue to produce increasing profit.
Its 4th quarter EPS was 10.3 sen and its annual 2015 EPS was 30.7 sen. Unfortunately, the company reported 3.21 sen EPS for its 1st quarter ending March 2016. As a result, its share dropped rapidly. Normally I would sell to cut loss and use the proceeds to buy another better stock. But in this competition, I could not sell any of the shares I picked for the whole year..
To win in this competition you need a lot of luck.
I think the organizer’s computer system is not powerful enough to keep track with all the buying and selling of shares by participants. I am willing to consider to offer you some financial help, in case you need.
I trust the organizer will change the rule so that participants can use their skill instead of depending just on luck to win.
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Discussions
Be the first to like this. Showing 50 of 120 comments
Coming from stray like you
Posted by klee > Dec 25, 2016 10:08 PM | Report Abuse
OTB,manmy the puppy is jealous of you.It is simple lah.Hohohohoho.
2016-12-25 22:14
Icon , Kcchong , OTB are real sifu...i like Icon article most. Stockmanmy waisting time to read, misleading..
2016-12-25 22:22
Posted by stockmanmy > Dec 25, 2016 10:11 PM | Report Abuse
mata
I am sure you watch EPL and La Liga......none of the pundits have to play like Messi to be a pundit.
Ans: i dunno what pundit, i only know you are pundek..
Sorry for bad word..
2016-12-25 22:28
I agree with KYY that there are some weakness in the Annual Stock Selection rules and criteria.
The solution :
The contest that KYY proposed with minimum capital is RM 100K is actually a good option.
2016-12-25 22:40
but i heard my friend from RHB, there is no such agreement for the contest..anyone know?i want to join..haha
2016-12-25 22:43
I think CFA or PLP or CPA or MBA or what ever also doesn't matter. Must be able to make money lah. Otherwise first class super class business class what class also no use (comments for stockmanmy not felicity)
Posted by stockmanmy > Dec 25, 2016 10:08 PM | Report Abuse
I have seen the 5 stocks well diversified portfolio by Felicity.
Whether it wins the competition is immaterial....that is what I call a class A, well diversified portfolio and what professional advisers and CFAs aim for.
2016-12-25 22:54
KYY don't like to be challenge, later he will double up the prize :)but sincerely i hope there will be competition like that, all OTB, kcchong,stockmanny ,icon can join and compete.
2016-12-25 22:56
Stockmanmy, i challenge u to follow me To BUY Vis @ $0.370
Dare or not ?
Use your whatever method.
WIN is the ultimate goal ... Get it ?
2016-12-25 22:59
Posted by stockraider > Dec 25, 2016 10:49 PM | Report Abuse
Yes...KYY chicken out....refuse to contribute the prize monies loh..!!
Ans : Not true, I try to help him to organise one with price money. I am working behind the scene.
Thank you.
Ooi
2016-12-25 22:59
Thanks OTB , is this the one with RHB with 100k? it is good if can lower down the capital a little bit to allowed poor ppl like me to join ;)
2016-12-25 23:20
I am working on a few options, deadline is a major problem now.
It is not so simple, may be delay a few months later.
It is not necessary to start on 1/1/2017, it can start any date and end a year later.
Thank you.
2016-12-25 23:31
Thanks OTB, looking forward...after you have the date please let me and stockmanmy know ya..:)
2016-12-25 23:34
Good new from OTB. May this comes true. Need KYY to support the dare to take challenge participants. Tq.
2016-12-25 23:41
y Ooi Teik Bee > Dec 25, 2016 10:59 PM | Report Abuse
Posted by stockraider > Dec 25, 2016 10:49 PM | Report Abuse
Yes...KYY chicken out....refuse to contribute the prize monies loh..!!
Ans : Not true, I try to help him to organise one with price money. I am working behind the scene.
Thank you.
Ooi
PLEASE DO NOT TRY TO DEFEND THIS KYY...HE CANNOT BE TRUSTED LOH...IT IS YEAR END ALREADY MAH !!...WHERE CAN THE COMPETITION START LEH ??
THIS KYY...ALWAYS BLOW TRUMPET 1ST LOH...CANNOT PERFORM LOH...!!
2016-12-25 23:44
would a frog know what lies above the cloud?
d by MataSejuk > Dec 25, 2016 10:22 PM | Report Abuse
Stockmanmy waisting time to read, misleading..
2016-12-25 23:52
wrong, Icon.....
a professional wealth adviser especially in public forums should not and do not aim for all warrants and all performance.
its the balance between risk and reward, diversification and returns per beta.
a portfolio that goes from bottom to top within the same year certainly is not what professionals and CFAs aim for in their client portfolios.
Icon8888 > Dec 25, 2016 10:54 PM | Report Abuse
I think CFA or PLP or CPA or MBA or what ever also doesn't matter. Must be able to make money lah. Otherwise first class super class business class what class also no use (comments for stockmanmy not felicity)
2016-12-25 23:55
OTB. I think it's OK for the winners not to receive any monetary rewards from the competition but we will be very happy to see if the pay check to charity under their IDs in I3investor . wakaka
Posted by Ooi Teik Bee > Dec 25, 2016 09:04 PM | Report Abuse
Posted by Up_down > Dec 25, 2016 07:08 PM | Report Abuse
Now you only know. Last year, he did propose to sponsor 10k first the top 3 winners for competition 2016 but nothing happen lor. haha
Ans : Mr Koon wanted to sponsor RM 20k. The committee did not want to accept cash prize. We turn down his offer.
Thank you.
Ooi
2016-12-26 00:20
the point is...the football pundit do not need to play like Messi.....the pundit just needs to be playing football.
y VenFx > Dec 25, 2016 10:59 PM | Report Abuse
Stockmanmy, i challenge u to follow me To BUY Vis @ $0.370
Dare or not ?
Use your whatever method.
WIN is the ultimate goal ... Get it ?
2016-12-26 00:51
@ Stickmanmy,
Talking about football property,
I'm afraid this is far beyond your knowledge, pls don't try pretend to .
2016-12-26 01:05
ven
not VIS which I know nothing but VS which I know some thing.
It just announced a big drop in profits compared to corresponding period......but this is definitely one to watch for 2017.
A target price of $ 1.70 to $ 2.00 is conservative.
2016-12-26 01:22
Ok, I let you define Method of Winner.
If u accept the challenge xp.
Remember , I have proved my Winner pick JHM @0.460 for 2016.
Don't waste the chance to beat me down in 2017.
2016-12-26 01:34
To cut a long story short, I don't want to challenge anyone who makes a lot of money out of DHM.
It's just too weird.
2016-12-26 02:50
For God’s sake, can we all enjoy a peaceful holiday? This is just an investment game or education tool to welcome all new comers on share investing.
If my intention is to win this game, with current rules of limited fund and duration of one year. Then I will go for high risk and high return stock like penny stocks or warrants. You just need to make a few correct guess and you will be most likely crowned the champion for 2017, but so what? No responsible SIFU or Fund managers will recommend this strategy but believe me the probability of winning is very high.
In real investment you need to:
1. Monitor the price moving daily for the TA chart analysis and read through all the comment in i3 investor to gauge the general public feeling on that stock.
2. Monitor the company quarterly report for the FA analysis.
3. Have business senses to know what the company produces and what the products of the company and to which country they sell their products. Then need to monitor daily the commodities price movement, produce price movement, currency movement and country tax structure movement so that you can estimate the company current earning (Sale –Production Cost) and future earnings. Then from this knowledge you can buy more or take profit or cut loss.
Tell me if today crude oil price jump to above USD 100+ who don’t take profit on some of your other stocks and put your money into oil and gas stocks.
4. The people that run the company for you. Are they trustworthiness, had vision for the company or plain cheater. I had to admit I make a terrible mistake and misjudge the people running the Xingquan.
5. Word events that will cause market crash imagine if US declare (Physical war or trade war) war with Russia or China or just a regional war between China and Taiwan. All those Big heartless foreign Fund Manager will quickly dump their share or even short selling not for cutting loss but to make huge future gain because they know everybody will be panic selling and if you cannot top up your margin account the bank will sell it for your no matter how low the price now and how good the fundamental of that stock. I agree with Mr. KCCHONG margin accounts are for those experience and deep pocket players not for general public.
Thank you
Dear OTB,
I appreciate all fund manager that have to work 365 days and long hours per day reading up all the information so that you can make a right call on your recommendation with available fact and figure at that time. Keep up your good work. Please do take your holiday and spend more and quality time with your family.
Thank you
Dear Stockmanmy,
If you cannot argue your case with fact, figure and record then please do not further ridicule yourself in this forum, it reflect very badly on yourself.
Thank you
Have a happy Holiday and please read up on http://cnb.cx/2i52UEW link.
2016-12-26 09:08
sslee
OTB tai sai?...cannot touch? beyond touch? God or Jesus?
isn't that what I say? what is the difference?
For God’s sake, can we all enjoy a peaceful holiday? This is just an investment game or education tool to welcome all new comers on share investing.
If my intention is to win this game, with current rules of limited fund and duration of one year. Then I will go for high risk and high return stock like penny stocks or warrants. You just need to make a few correct guess and you will be most likely crowned the champion for 2017, but so what? No responsible SIFU or Fund managers will recommend this strategy but believe me the probability of winning is very high.
2016-12-26 16:36
Dear Stockmanmy,
The way you say it is so rude, not mannerism, insulting people and without providing reasoning.
Just compare yourself with my explanation and the way I say it. Humble with reasoning and respect for other. If you still cannot see the different than god help you. Please continues with your arrogant style and bring further ridicule to your own self.
Thank you
2016-12-26 17:03
sslee
so, OTB tai sai?...cannot touch? beyond touch? God or Jesus? because he has fake thank yous?
2016-12-26 17:05
sslee
tell me what you think?
do OTB think everybody in the word has to eat out of his hand because he is stock God?
2016-12-26 22:18
Dear OTB,
I appreciate all fund manager that have to work 365 days and long hours per day reading up all the information so that you can make a right call on your recommendation with available fact and figure at that time. Keep up your good work. Please do take your holiday and spend more and quality time with your family.
Thank you
Ans : Dear Sslee,
Thank you for your good words, I really appreciate it.
I did spend good time with my family.
Thank you.
Ooi
2016-12-26 23:09
OTB, keep it up...agree that the annual competitian rules must change in 2017....attended one of your seminar in JB recently...your come out with figures and facts in your presentation...you are really good in TA....terima kasih, bro.
2016-12-27 01:23
tak suka saham yang berisiko tinggi sebab pendapatan bulanan adalah berdasarkan saham dividen yang lebih stabil dan lumayan...kaedah yang berasas dividen yang tinggi dan peningkatan nilai saham secara konsisten setiap tahun....OTB, keep it up...your TA banyak bantu saya in 2016....thanks, bro...
2016-12-27 01:33
Kyy lose in 2016? then the rule no good loh....good for us also...let play the games with kyy....he want to change it... let it change...I also don't want to play with risk stock...he is tycoon, but a bit stingy when lose his money....100k only also scared for kyy…..what else to say?
2016-12-27 01:42
siapa tak sayang duit, bro?.....kaya macam kyy tapi kalau dah kalah dalam pertandingan saham yang memang jadi kegemarannya, mana nak letak muka?....lainlah kalau kyy muka tembok...bolehlah pandang rendah dan cakap semua orang bodoh...dah terlanjur cakap...apa nak buat? minta tukar peraturanlah...tak salah tukar peraturan untuk pertandingan 2017....kyy happy, kita pun senang hati...haha...
2016-12-27 01:51
i3 competition result 2016 dah keluar atau belum??? nak tunggu sampai 31 dec,2016?....tak sabar-sabar nak tengok result hujung tahun...haha....mungkin ramai juga yang ternanti-nanti keputusan peringkat akhir pertandingan antara jaguh-jaguh sifu antaranya kyy, otb dan ramai lagi....lagi cepat keputusan diumumkan lagi bagus!!!!
2016-12-27 02:32
Posted by Sslee > Dec 26, 2016 09:08 AM | Report Abuse
For God’s sake, can we all enjoy a peaceful holiday? This is just an investment game or education tool to welcome all new comers on share investing.
If my intention is to win this game, with current rules of limited fund and duration of one year. Then I will go for high risk and high return stock like penny stocks or warrants. You just need to make a few correct guess and you will be most likely crowned the champion for 2017, but so what? No responsible SIFU or Fund managers will recommend this strategy but believe me the probability of winning is very high.
RAIDER COMMENT; IT IS PRECISELY WHAT WE ARE TRYING TO PREVENT, LIKE BUYING INTO HIGH RISK WARRANTS AND PENNY STOCKS IN ORDER TO WIN LOH..!!
BUT LETS COMPARE THE CURRENT RULES & KYY PROPOSAL LOH...!!
IN KYY PROPOSAL, A PLAYER CAN EVEN CHEAT BETTER MAH....!! WHAT HE NEED TO DO, IS TO INSTITUTE BUYING OF HIS HIGH WARRANTS OR PENNY STOCK, ABOUT 14 DAYS B4 THE COMPETITION LOH....!!
HE CAN ACHIEVE THE SAME RESULTS MAH....BUT KNOWING KYY..WHO WANT FACE..HE CAN EVEN DO IT BETTER LOH...JUST SPEND SO SMALL MONIES TO PUT UP THE SMALL PENNY STOCK & WARRANT IN ORDER TO WIN LOH...!!
THIS IS WHY RAIDER SAYS WE SHOULD STICK TO THE EXISTING RULE LOH..!!
PEOPLE MAY ARGUE KYY STILL CAN CHEAT BASING ON EXISTING RULES...WHY HE DON DO IT ?
YES...HE CAN DO IT!! BUT UNDER CURRENT RULES...KYY NEEDS TO BUY & HOLD SHARES FOR 1 YR...JUST IMAGINE IF HE BUY HIGH RISK COUNTERS LIKE MSPORTS, XINGUAN, PERISAI ETC AND HOLD MORE THAN 1 YR AND JUST IMAGINE THESE COUNTERS BANKRUPT....HE WILL BE A LAUGHING STOCK LOH...!!
TO HOLD THIS HIGH RISK PENNY STOCK FOR 1 MTHS IS MUCH LESS RISKY THAN HOLDING 1 YR MAH...!!
THUS IT EASIER TO CHEAT, IF U ALLOW TO GO IN AND OUT...ESPECIALLY FOR KYY LOH....!!
2016-12-27 10:29
I used to know: If you can't beat them, join them.
Now I know: If you can't win them, change the rules.
My comment is to stick to whatever it is, I agreed with stockraider.
But my suggestion is to only allow those ID has been registered for sometimes or with certain amount of comments to participate the competition. So many one day ID created to join 2016 stock pick.
2016-12-27 10:57
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MataSejuk
OTB, ignore this fellow lah...we all know who is better. He just jealous on successful ppl like u, kcchong and icon.
2016-12-25 22:13