THE INVESTMENT APPROACH OF CALVIN TAN
TOP 10 STOCKS YOU MUST AVOID NOW IF YOU DON'T WANT TO STEP ON BANANA SKIN (Calvin Tan)
calvintaneng
Publish date: Thu, 02 Jun 2016, 09:44 PM
calvintaneng
0 1,803
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Dear Friends of i3 Forum,
There are 10 Stocks You MUST AVOID Now. Why Must They Be Avoided.
Answer: These Are The Reasons or Any One of These Reasons:
1) OVERVALUE
2) BAD BUSINESS PROSPECT
3) QUESTIONABLE ACCOUNTING
4) VERY HIGH CRUSHING DEBT LOAD.
5) DETERIORATING LONG TERM FUNDAMENTAL
AND NOW THE TOP 10 STOCKS TO AVOID:
1) HIBISCUS.
Bad Business Prospect. Hibiscus has not found any oil yet. Many who found Oil are doing badly. Hibiscus has not found even one drop of oil yet. So you cannot buy this stock with little hope.
2) HUBLINE
Debt more than Assets. Assets are rotting ship. 1 cent? It is still expensive if it should go to zero.
3) IFCA
50 cents? Still very overvalue. Don't risk your monies. If Fall C (hokkien for die) Arghh!
4) XOX
Telcos like Redtone are throwing price at Rm8 for a starter pack. The Whole telcos market are saturated. There is no moat. So how could XOX survive?
5) AAX
With Rm130 BILLIONS CRUSHING DEBT LOAD. How much depreciation per year? 5% or 3%. That's Rm3 BILLIONS to Rm5 BILLIONS Write Down A Year!!
3% to 5% Depreciation for Planes Very Conservative. For Cars they depreciate more than 5% per year once they leave the Car showroom. Just THINK.
6) PCCS
Last quarter result shows a horrendous Rm15 millions lost!! Loss due to 10% increase of wages in Cambodia? Monthly wage is US$128. So only a US$12 increase or Less than Rm50 per worker? How can a mere Rm50 wage increase per worker in Cambodia cause Rm15 millions lost?
Something Very Very Fishy Here!
Why no one noticed?
7) EFORCE
This manipulated, syndicated stock now in stratosphere. A tiny profit. Even tinier NTA. How to support & justify such lofty prices?
Better Sell All Your EFORCE Shares Now Near Rm1.70 if you have any.
Or else?
Or esle Your Shares Will Be EASILY FORCE SOLD LATER!!
BELOW IS LATEST QUARTER EFORCE RESULT. At Rm1.70 the Price is now TOTALLY OVERVALUED! BETTER SELL QUICKLY AND DONT LOOK BACK UNTIL IT BREAKS RM1.00
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2016
|
31 Mar 2015
|
31 Mar 2016
|
31 Mar 2015
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
6,221
|
6,798
|
6,221
|
6,798
|
| 2 | Profit/(loss) before tax |
2,218
|
2,841
|
2,218
|
2,841
|
| 3 | Profit/(loss) for the period |
1,605
|
2,116
|
1,605
|
2,116
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
1,741
|
2,178
|
1,741
|
2,178
|
| 5 | Basic earnings/(loss) per share (Subunit) |
0.84
|
1.05
|
0.84
|
1.05
|
| 6 | Proposed/Declared dividend per share (Subunit) |
1.00
|
1.00
|
1.00
|
1.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2100
|
0.2100
|
||
8) GSB
Aiyoo. Calvin promoted this one. Calvin anxiously wait for G Residence to be built as planned. Really sorry now. There's still no proper work started as yet. Condo sales got hit.
Calvin already said Iskandar got Condo glut but not landed houses. Landed houses are still good buy in Iskandar. Hold or switch? Yes! Switch to Oil Palm Stocks for better prospect now.
9) PARKSON
With Online E Commerce Parkson is facing a long term structural downturn. Like the advent of motor cars made horse drawn carraiges obsolete. So don't fight the change. It's futile & fruitless. Just Sell Parkson for stocks with better prospects.
Company share buy backs? Forget it. Don't throw good money after the bad investent.
10) Number 10? Not sure yet. Will post when I see it coming
Meanwhile, please do your own due diligence
Regards,
Calvin
Singapore
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Discussions
3 people like this. Showing 29 of 29 comments
EFORCE? Why? The ROE has been consistently >15% over the 10+ years, low D/E, lot of cash. Can't deny that now it's very expensive, but I think it's a very good stock.
2016-06-02 21:57
So don't fight the change. It's futile & fruitless. Just Buy Export stocks with better prospects. :)
2016-06-02 21:59
Calvin, are you sure on this about AAX:
-----------------------------------------------------
Rm130 BILLIONS = 一千三百亿？？？
2016-06-02 22:07
Posted by moneySIFU > Jun 2, 2016 10:07 PM | Report Abuse
Calvin, are you sure on this about AAX:
-----------------------------------------------------
Rm130 BILLIONS = 一千三百亿？？？
MoneySifu,
Just go look up AAX latest quarter report.
IT VERY CLEARLY STATED
PLANE PURCHASE ---- RM103 BILLIONS IN NO UNCERTAIN SOUND.
2016-06-02 22:12
Why no Mulpha(only want our money through right issue), MPCorp(even no 1 shareholder Bill no confident and do selling) & perennial loss making PM Corp not among top 10 to be avoided?.
2016-06-02 22:18
Calvintaneng , is rather a good piece of advice for investors who some have failed to take serious notices about the stocks underlying fundermental . Avoid early than to suffer financial huge losses in the later part . Early precautions is better than none .
2016-06-02 22:26
calvin top10 holland pick
1. MOLG. 94% loss.
2. MP Corp. 60% loss.
3. BJ Corp. 36% loss.
4. PM Corp. 32% loss.
4. Armada. 48% loss.
5. Waseong. 53% loss.
6. Perisai. 45% loss.
7. Alam. 43% loss.
8. Karambunai. 20% loss.
9. Pantech. 24% loss.
10. All plantation stocks. Coming soon.
2016-06-02 22:37
calvin top10 holland pick
1. MOLG. 94% loss.
2. MP Corp. 60% loss.
3. BJ Corp. 36% loss.
4. PM Corp. 32% loss.
4. Armada. 48% loss.
5. Waseong. 53% loss.
6. Perisai. 45% loss.
7. Alam. 43% loss.
8. Karambunai. 20% loss.
9. Pantech. 24% loss.
10. All plantation stocks. Coming soon.
2016-06-02 22:39
Hi Calvin, read it & you are right. But could that be a mistake or kind of typo error?
It is too huge if compared with existing PPE = RM1.6b (Vs Capital commitment RM103b)
http://cdn1.i3investor.com/my/files/dfgs88n/2016/05/24/1484742976-1264563050.pdf
2016-06-02 22:40
I even miss out BJ Corp, Alam, Kbunai, Armada and many others. Thanks those highlighting.
2016-06-02 22:42
calvin 10 holland pick
1. MOLG. 94% loss.
2. MP Corp. 60% loss.
3. BJ Corp. 36% loss.
4. PM Corp. 32% loss.
5. Armada. 48% loss.
6. Waseong. 53% loss.
7. Perisai. 45% loss.
8. Alam. 43% loss.
9. Pantech. 24% loss.
10. Plantation stocks. 30% loss coming soon.
2016-06-02 22:43
Talk about XOX, does anyone hear of Friendi? Small telco using Maxis structure & the starter pack is only RM6.
The best part is whenever you spent a cent to call or sms, the validity of the line will be automatically extended for another 30 days, very cost saving telco prepared plan.
2016-06-02 22:44
I do agree with you as due to the continuous climate changes globally , some countries like Africa have taken the initiative to adopt measures and financial assistance to boost up agricultural sectors expecting drought with limited rains which can cause widespread barren land unsuitable for planting resulting with shortage and scarcity in foodstuffs . To accumulate Cpo stocks in the long run post lesser risks as it demands will pick up in years to come .
2016-06-02 22:46
if you got no aeroplanes to fly and no furniture to use, you got nothing these days.
2016-06-02 22:49
MP Corp? See attached major shareholder disposed. Every month PN 17 announcement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5099737
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5112741
2016-06-02 22:51
MP Corp? Major shareholder Ch'ng Poh disposed. Every month PN 17 announcement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5099737
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5112741
2016-06-02 22:57
MP Corp? See attached.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5099737
2016-06-02 23:00
calvin,debt of aax could never be RM103b.don misleading people.
do more research if you wanna critic something.
2016-06-03 00:18
i kena banana skin on tracoma,bought at average RM 1.80 sold at 10cts only
2016-06-05 08:56
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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....
kk123
Forget about gsb or iskandar..now many empty homes in iskandar waiting for the ultimate bubble to burst...
2016-06-02 21:54