Above picture shows Mr. Wong telling Mr. Kang how his Share Scripts were stolen in an Iron Safe.
Hi guys,
Last week I heard the above conversations between 2 of my Johor Buddies.
Mr. Wong on the left told Mr. Kang that he lost his Share Scripts kept in an Iron Safe at home. As a result he could not do anything as he spent over 9 months tracking his lost scripts and applying for new replacement scripts.
Lo! & Behold! After almost 1 year Mr. Wong finally got his new share scripts. And it was a surprise windfall as his shares have all gone up in price - He made over Rm1 million profit!
If not for this "forced" keeping of his shares longer term he would have made much less as he used to take small profits after playing T + 7 in the GoGo years before the Asian Financial Crisis.
And this was what Mr. Kang shared.
Sometime in year 1980 he read that Northam Court (an apartment about 18 storey tall) tilted in Penang. As a result the building was demolished floor by floor.
It was very bad news for UEM then (United Engineers) now taken private. Its share price crashed & crashed to a low of 92 sen.
So Mr. Kang & his friend bought UEM at 92 sen on bad news.
Then UEM share price rebounded Rm3.00 & Mr. Kang happily sold off his UEM shares for a nice 200% profit. But Mr. Kang was dismayed for his friend who lost his UEM share scripts. And so he couldn't sell. Frantically he applied for replacement of his lost UEM share scripts. It took him quite a long while before he got his new replacement scripts .
By then to Kang's friend got a big surprise - UEM share price skyrocketed to Rm9.20!
It was a very nice 900% windfall for him.
So what is the morale of the lesson?
Investing longer term by default made them very rich.
If only we have the tenacity to hold on to value growth shares tightly for longer term
See how Warren Buffet long long term investing made him the Richest Share Investor of all times
Created by calvintaneng | Jun 25, 2024
Created by calvintaneng | Jun 24, 2024
Created by calvintaneng | Jun 20, 2024
CALVIN...LONG TERM FOCUS....THATS WHY HIS STOCK SLEEP & TAKE A LONG TIME TO SHOOT ...!!
WHEN IT SHOOT UP....IT IS VERY POWERFUL...JUST LIKE HIS RECENT DRB PICK LOH....!!
2017-06-05 12:53
No use loh! stockraider is a proven failure in his own investment. Only talk cocks
2017-06-05 13:09
Don't look down on Sifu Stockraider
Calvin followed him to buy AZRB
A to Z Bhd (Everything also got)
Azrb - warrant up 100%
2017-06-05 13:15
Posted by Tomato Juice > Jun 5, 2017 01:35 PM | Report Abuse
You can follow Calvin buy calls and 5 years later, you can sell at your mame buy price! Trust me, Mr 224 is highly talented in this!
Haha!
No need 5 years to SEE Calvin's chun chun calls
On Pm Corp, Jaks, Super Enterprize, Ajiya, MyEG, Pohuat (power huat), Prestar, Masteel, Econpile, DNex, Kimlun, Maybulk, NTPM, GMutual, MKH, JTiasa, Mphbcap, AZRB, Mahsing, Jeraasia, Mui Bhd, KKB, CMSB, SSteel, KPSCB, Padini, Dutaland, Opcom, RceCap, Kulim, FacbInd, TMakmur, TheStore, Tawin, Skbshutters, Supermax, Silk, PBA, POS, DRB, MRCB, Asb, Harrison, Weida, Waseong, Wangzng, Nylex, Htpadu, Insas, PriceWorth, Notion, Kheesan & others
See this MFCB (another 100% chun chun jackpot)
Posted by calvintaneng > Oct 1, 2014 10:07 AM | Report Abuse X
Calvin's View on MFCB
MFCB is a good stock for long term. The sudden spurt yesterday was caused by PublicInvest's bullish Target Price of RM3.85.
Will MFCB go to RM3.85? Calvin think it is highly possible. It takes time only.
However, it has been chased up suddenly by the Market. Calvin has been telling people to buy MFCB when it ranges between RM2.22 to RM2.27 for a long time. Of course Calvin's voice fell on deaf ears. PublicInvest is more authoritative. So they followed.
MFCB later issued bonus issue. Today MFCB is up a nice 100%
WAHAHA!
All (more than 50%) Calvin's stock picks are proven to hit jack pot after jackpot
YAHOOOOOOOOOOOOOOOOOOOOO!!!!!
Now DRB C30 already hit more than 100% Jackpot!!!
Not too late to buy as DRB expected to cross Rm2.00 anytime now.
2017-06-05 14:22
Calvin has been selling OPCOM since donkey years...still not move yet.....?
2017-06-05 15:28
Posted by smalltimer > Jun 5, 2017 03:28 PM | Report Abuse
Calvin has been selling OPCOM since donkey years...still not move
yet.....?
Once Opcom moves?
It will blast of like an ICBM
2017-06-05 15:35
Stockraider is crowned as the new Holland King mah. His investment in Evergreen made himself stuck big time there. Where got he make money? Lose money more likely lol.
Calvintan, Johor properties collapsing. ForrestCity also no china chinese support loh. Just the maintenance fees also no one paying to maintain the assets...making it a ghost city with incomplete infra. It's the worst kind.
2017-06-05 17:03
Talking rubbish loh....evergreen temp loss is a small overall sum to raider mah....!!
Must look into the big picture loh.....!!
Always invest for the long term....it take time to hit it big mah...!!
2017-06-05 17:07
Pity these 2 old man become friend of calvintaneng...until their photo publish like this...dumb
2017-06-07 00:57
Hahaha!
These two are Sifus in their own rights.
Sharp minds with solid grasp!
2017-06-07 03:18
calvin how about you post your own sohai face and let us have a good laugh??
2017-06-07 11:36
>>>stockraider CALVIN...LONG TERM FOCUS....THATS WHY HIS STOCK SLEEP & TAKE A LONG TIME TO SHOOT ...!!
WHEN IT SHOOT UP....IT IS VERY POWERFUL...JUST LIKE HIS RECENT DRB PICK LOH....!!<<<<
It is probable that Calvin has many stocks in his portfolio which he has to eventually dispose off at higher than his cost prices.
It is remarkable that he has so many of these stocks to shout off everytime these stock prices went up a bit.
He should know that in the short term, the stock prices of stocks can go up 50% and drop its equivalent 1/3rd.
The market price volatility of some stocks can be huge indeed, and it has little to do with Calvin's cleverness.
Perhaps, he mistakenly attribute these swings to his ability, intelligence and smartness.
No comments on raider, other than for those who do not know him well, your time is better employed elsewhere.
2017-06-07 13:00
Calvin doesnt know what is fooled by randomness. he is too old to bend his mind. instead of telling us his overall portfolio performance he continue to sing around his individual stocks performance without disclosing the non performing picks. what a shame.
2017-06-07 13:32
calvintan calls stockraider as sifu yesterday so that makes 2 sohai. Look how stockraider failed big time in Evergreen and u can know loh
Now stockraide becomes malu-malu hiding in dark cave...no face loh
2017-06-07 15:49
Every day talk about war....loh...!!
U no need worry one loh....look at how many war we have being thru?
Every time...war....after that share price up higher ...n always loh..!1
Only stupid people scarce of war loh....!!
If uncle SAM at war....it always win loh....!!
If uncle SAM not in war...it is a small war...no issue loh...!!
Always...if war start buy loh...!!
Remember this old saying loh...!!
Always buy in the sound of cannon.
Sell on the sound of trumpet loh...!!
If act of war u buy mah...!!
This CKC amateur loh...advising people sale loh...!!
In value investment...u should only worry...on 1 thing.. that is....how big is the margin of safety loh ??
If very big....u just buy & hold....give it time....for it to yield very big return loh...!!!
2017-06-07 17:22
Every day talk about war....loh...!!
U no need worry one loh....look at how many war we have being thru?
Every time...war....after that share price up higher ...n always loh..!1
Only stupid people scarce of war loh....!!
If uncle SAM at war....it always win loh....!!
If uncle SAM not in war...it is a small war...no issue loh...!!
Always...if war start buy loh...!!
Remember this old saying loh...!!
Always buy in the sound of cannon.
Sell on the sound of trumpet loh...!!
If act of war u buy mah...!!
This CKC amateur loh...advising people sale loh...!!
In value investment...u should only worry...on 1 thing.. that is....how big is the margin of safety loh ??
If very big....u just buy & hold....give it time....for it to yield very big return loh...!!!
2017-06-07 17:22
chinaman
Calvin, you're right. but, most are traders nowadays, today makan, today berak...not many willing to hold long term unless investors with iron will
2017-06-05 12:42