duitKWSPkita  duitKWSPkita From Cocos (Keeling) Islands  Investing experience Not Disclosed  Risk profile Not Disclosed Summary Total comments 20236   Past 30 days 455   Past 7 days 17   Today 0

Wow! Duit Expert has posted a Whopping 20,236 Times in i3 Forum. And Duit is such a well liked popular guy!

Why did Duit leave us now?

This is what Calvin thinks:

First The Positive Aspects:

Duit is highly popular and well accepted by all due to his very charismatic social approach. I need to learn social graces from Duit. In fact when Duit asked me about Iskandar I told him to call me when he is in JB. I will belanjar him to seafood. 

From inter acting with so many people, countless times, Duit must have a wide grasp of knowledge. He must be really well informed. Here again, I think I am trailing far behind him. I don't know all the stocks in Bursa - In fact more than 50% of listed Stocks in KLSE are new or unknown to me. While Duit knows lots of every thing I only major in a few stocks - less than 20% of KLSE - the rest I have little knowledge. Here, I got a lot more to catch up. Hat's off to Expert Duit!

Duit is an expert with graphic, figures, cartoon and wry humor. Ha! He said Calvin can turn stones into gold. Naughty, naughty duit. I want to pull his ears and  squeeze his neck. Haha! That's a joke only.

And Now For The Not So Good Parts

Altough DUIT Is SO HIGHLY POPULAR - Making Money is another matter altogether.

You See, Although Duit mixes very well from A to Z, From Passionate  Gamblers to Genuine Investors, From Wise People to Sor Chai & fools (oops! sorry! ) - success in the Stock Market can be elusive.

As Warren Buffet knew very well - He isn't going to seek popularity in Wall Street. Where he could rub shoulders with all other Fund Managers, Stock Analysts or Even So Called Experts.

No, No No. Warren Chose To Stay Far Away From the Crowd in a little town called Omaha. And he lived in a house on a deserted street. Why? So they he could think objectively & not be influenced by "other voices". Is that the Secret to his investment success?

If so, then Duit has made a fatal error! He listened to the "wrong crowd".

Now when we first see sinful, objectionable things- our reactions will be to abhor it immediately. Like gambling in a casino? But if we linger too long? Objectional behavior starts to facinate! It allures! Then when our guards are down - we succumb to its temptations.

See:

Invest with Calvin in value stocks? Ha! They called Calvin the Holland King. Better avoid buying such dead stocks like PBA, Pm Corp, Ytl Power, B Plant, Cbip, Masteel, RceCap, Waseong, Kimlun, Daiman, MHC Plant, Multico  - and other such like cold unwanted stocks. 

Gambling stocks that should be shunned? So what? People are going Ga-Ga over them. See how Dolomite(Dynamite)  was pumped up 100%? Comcorp also JUMPED! If you can't beat them join them lah!

And so Duit jumped into Comcorp

See

Blog: [duit's] COMCORP (7195) prcie action dissection

 Jun 22, 2016 10:16 PM | Report Abuse 

Wonder88, 

I'm sure you MAKE MONEY tomorrow... then we go open table and eat fat crab...... deal??? 


Posted by duitKWSPkita > Jun 22, 2016 10:07 PM | Report Abuse X 

Wonder88, 

No problem in all the ratio as per stated in above. 

Let's zoom in the cash flow items. 
1) Operation cash has decreased from 5.42 mil to -4.39 mil 
2) High CAPEX and incurred 4.53 mil compared to 19mil but back with other investng 
3) your NET CASH change is correct dipped to -6.53mil from surplus 18mil last FY 

4) I hope the financial status can be improved because the 87% of the total borrowing are from BA. I hope their customer always fulfill settlement on time but not to cause BAD DEBT...... 

When in the good time ; aggressive accounting to run the company is the BEST!.......... when ringgit bounce back I think they should enhance the manufacturing business and improve debt collection ....

Alas! Comcorp crashed from 99 cts to 65 cts (Almost Limit Down) later. Did Duit lost a substantial portion of his capital?   Was this the cause of his losses and then affected his health?

This is only my assumption. May be I am right. Or may be I am wrong. In any case Calvin is still here to learn from everybody.

 Have a nice day

Best Regards,

Calvin Tan

Jurong West, Singapore.

duitKWSPkita  duitKWSPkita From Cocos (Keeling) Islands  Investing experience Not Disclosed  Risk profile Not Disclosed Summary Total comments 20236