hahahahahahaha... stoneraidedr 70 billion market cap in 3 years 3 months.... laugh die me your investing strategy...

For some light reading of my previous analysis of this company.

https://klse.i3investor.com/blogs/philip2/191042.jsp

I find that in the future, majority of bank interactions can be done online. And those that are more tricky and problematic, I want them right here right now in my office telling me how to solve it.

When credit ratings, customer database is fully online, do you really need to visit your bank anymore?

Imagine if you were an opensys or alipay or GHL which is a simple payment or services faciliator. If one day Bank Negara decided to give you a banking license, how would you go about it?

Would you do it the traditional way with long queues, a branch where people take numbers and wait their turn and a hassle-full filling of duplicates, hard copies, information and slow approvals from KL, and old legacy systems which fills up rooms upon rooms of files.

Or would you think deep on how to upend the existing encumbants like HL, Public Bank, Maybank with a system that is catered to the online connected future today, where you no longer need physical locations and everything can be done and verified online automatically with a automated process. And you freed all the legacy backend staff with a mobile team of connected sales staff all with cloud connections, and all doing outbound work directly at your customers office, instead of sitting in a desk in an bank branch somewhere.

As a client, who would you rather talk to? the bank guy drinking coffee with you in your own office, cafe or business? or that grumpy old lady in the bank teller telling you to fill in physical forms?

>>>>>>
Our strategy is to create a complete ecosystem combining payment software, which enables the company to access more data from clients and offer better financial projects with a fair price like banking services and credit. Regarding our banking solution, the pilot is performing in line with our expectations. There's a huge addressable market in that front and is very similar to the acquiring market when we began, variable services and high rates. We want to offer more friendly and convenient services at a fair price.

We now have nearly 2.5 thousand accounts in our pilots. We are still not making specific commitments with the timing of the full rollout of our banking products because we want to make all the necessary adjustments before that. In the medium and long-term, we really believe that these solutions will be very important for the company.

I think that the dynamics is the same. The competitors are trying to push price, but we keep talking about value proposition with our clients.

This is how you build market share. This is a once in a lifetime kind of company.

Nope, no such news. Grab doesn't even know cuscapi exists. I checked with clevel management in Singapore and some of their early high networth investors, nope management has indicated they will keep with their own systems and own growth.

They texted the CFO, he laughed.

No interest in buying it for 600 million I guess.

easy come easy go.

Don't listen to him TTB, please go ahead and continue collecting your asset management fees. You need every cent of it.

As they say,

Those who don't know how to stock pick,
Teach others to stick pick.
Those who can't teach, they write newsletters.
Those who can't write well, they just take director fees.

Lock in profit first, or sell half first for that 97.2% profit at 1.69. then buy back again at rm1.05.
Whether are not tp will hit rm3.16 no one knows for sure, but money in the bank is always assured. Get the cash out first the decide later. After retracement at 3rd, 5th and 7th longitude hit, then we wait for the 1st gojirama point to invest further. The Elliott waves predict Godzilla movement after some splashing effect achieved. Be careful.

Either case from here we can switch to stoneraider SAPNRG 0.36 and follow up because the share is lower than DAYANG right now. Rm0.36 is sure easier to go up higher than rm1.49.

In 3 years 3 month sapura will become a rm3 company(70 billion market cap) stoneraider promise us. KYY is the past, stoneraider is the future of investing and trading.

Haha well I have 200k shares in STNE, follow Warren buffalo and Alibaba SCUTTLEBUTT. But in the end I liked the company enough to buy it at usd19.

Now went up to USD 41. So SCUTTLEBUTT is only the beginning. You still need to understand the company and read the financials.

nice spam. yawn.

hi silom,

1) do you buy at petron because its the nearest or any other reason? if a shell opened up nearer, would you frequent that instead?
2)caring is interesting, but recently I always stock up my medicine at big pharmacy. you would believe the price gap. If you buy medicine for the whole family and friends in big pharmacy, the cost difference is enough to pay for the flight back (AA) to Sabah alone. pharmacists here charge way too much.
3) yes i love the oden as well.

haha gree and midea tried to come into sarawak market, via sibu "tax free " shipping. Personally I ban gree, its the cheapest in the market for sure, but the support, warranties and make me stick to the usual daikin, panasonic and acson for VRV and projects.

It's probably good in china, but the expansion plans overseas leave me with dry lips. I prefer long term thinking from chinese manufacturers other than cheapest price only.

Maybe one day I can spot a China version of dyson, apple and google which sell not on price but on a quality basis.

Hua wei might get there, but not on its own right, its been backpacked by chinese government all the way.

Yes, my daughter brought it back, not too bad. funny enough, not available in Sabah. She brought it all the way back from California the first time. Then we bought some in HK last month. My daughter loves spicy flavours..

>>>>
I admire chinese lao gan ma chilli oil... was first seen it when i was studying NZ intro by my chinese roommate...

got offer annoncement? has grab shown any interest you in buying over cuscapi? Ok will follow closely and read through the latest news on grab offer to buy cuscapi for 600 million.

thanks for the tips.

Uber and grab loss making buy justified by huge revenue growth quarterly. This company seems to be making less and less revenue every year, and has not made a profit in 5 years. I once fired sales engineer who asked for 4k a month, but didn't bring in any sales and actually offended some of the existing customers and reduced company revenue. I had to let him go.

Is grabfood even profitable business? Or are they losing money every year as well.

This is too random, I believe there is no actual factual evidence that this is happening yet, and the blog writer already had a confirmation bias and is finding connections to fit that bias.

And worse still, grab is still in the midst of running it's IPO, and I have my doubts on the profitability of grabfood versus their e-hailing business anyway. I think grabfood is making a loss each time it books an order.

Anyway, investing based on hope can be a recipe for disaster or GREAT SUCCESS. I wish the writer all the best! Hope this investment turn out great for the writer.

How do you know that? Huawei is a private company where the CEO practises nepotism and hands the company down to his kids instead of a worthy successor. Those kinds of companies rarely do well in the long run. And the financials are very private and unclear, which makes you wonder what is really going on in there.

>>>>>>
I only know Huawei will be better in 5 years, 10 years.
19/03/2019 01:37

I think it's sad when we struggle to invest in bursa only to realize that overseas companies are so much more efficient in managing their business than the majority of local companies.

Having said that, I buta buta follow Warren buffet invest big in STNE, now jump to usd40 from usd19 in 3 months. Crazy. Double revenue and earnings every year with its latest earnings report.

Those who tell you they can do timing, you have to check how often they are right over 10 years, cannot just 3 months.

Vitrox may or may not be a wonderful company, but I have never seen or used the products, and I don't know anybody who does. So is not a good candidate to SCUTTLEBUTT.

Gree sounds interesting, buy I don't see them doing anything unique, unlike Dyson, which my daughter shared with her mother to buy a rm2000 HAIR DRYER. I am really not understanding this. I think Dyson is the Apple of consumer products...

Haha I don't really understood the use of it, being from older generation, buy my daughter loves it. I should take a deeper look into it.

I think fuel costs will be the benchmark for all the airline companies. The difference maker for them will be the ancillary costs, which I think Air Asia is still tops at. In the long term, air asia will do well, because Tony Fernandez has realized that the future for AA is not in airlines alone, but as a vertically integrated transportation company. If I read his company roadmap properly, and he acts up on accordingly with good results, I think they will be spectacular. As it is, I would advise those who invest in Air Asia to monitor its quarterly earnings closely for any flight deviation.

I prefer buying every quarter, that way I get the reaffirmation from quarterly report so I can see deeper into things.

>>>>

Yeah that's why I am telling myself to buy 1 lot of PCHEM every month, hopefully the transaction costs don't add up till too much gua. But I think okay lah RM 8 only. If I don't buy I will spend it, also go missing, rather pay extra RM 8 and hopefully can retire 10 years earlier.

I'm trying to dive down to items that we interact with on a daily basis, not things most people would not buy or even look at on a daily basis.
1. Sephora is interesting, and it belongs to LVMH, which I really like. I'll take a look at that, a big Sephora just opened in KK Imago mall at the main circle. Huge shop with hundreds of private label selections, selling at SaSa price. Worth looking at.
2. Netflix I started watching. It's a wonderful company, and I dont think the likes of disney+ and hulu and others will be able to compete with their narrow minded thinking. disney seems to think I will sign up and pay just for the pleasure of watching disney shows versus paying for netflix and its encyclopedia of documentaries, movies, netflix originals etc. I might invest in it, if I see some more growth triggers on it ( if they start sponsoring KL directors to make more local films, i'm definitely pulling the trigger), they have a huge growth potential, and none of the political problems that taxis and ubers face.
3. I'm not really looking at skincare companies because I dont think they have a good competitive advantage long term (unless their products really can reverse aging process)

Any LOCAL products, companies, that we are exposed to on a daily basis that is interesting?

Or are we really running out of homegrown businesses/products that are able to compete overseas?

Moving on. Not really interested in comparing sausages. More interested in learning new things everyday.

Spoken like a true keyboard warrior. I suggest you add more useful information like sslee that can help investors make an intelligent decision.
If all you can offer is 67 remarks, then I suggest you move on.

>>>>>>>>

con8888 doesn't matter

I am entitled to my own opinion
18/03/2019 09:06

SSLEE wonderful!

1. Need to study this Skechers. Yes it is a listed company. Will check out the financials.
2. Any particular Korean cosmetics? I only recently found out that Fujifilm not only did not die out during the film to digital camera age, but their knowledge in film chemical process has turned them into a cosmetics and skincare giant. This is definitely a huge market.
3. Which online site did your son use? China company's like tmall and taobao? Or a localised online retailer like shopee and Lazada?
4. Do you have a preferred travel insurer? Or do you use any cheap ones? Or is it linked to your normal insurance company?
5. Yes I use WhatsApp as well. It's owner by Facebook, which is very interesting. And it only has 67 staff doing billions of calls and data a day. A huge amount of personal data goldmine.
6. I rear chickens myself, and I constantly wonder how they can sell chickens at those prices in the wholesale market.
7. Yes general public are slowly becoming more bang conscious. Judging by the data from coca cola and McDonald's, Americans are changing their dietary needs, in the next 10-15 years I think Malaysians will change their mindset as well.
8. Yes the cigarette industry is being badly affected by the new rules. Philip Morris is also coming out with "healthier" version of being cigarettes that use cartridges which is very popular overseas. As a time, I don't invest in vice counters ( cigarettes, alcohol, gambling, ahlong), but it might make a interesting study to calculate if local cigarette stocksb are oversold.

Your declaration here is funny if taken out of context:

I hereby declare :



"Investing should not be defined only as picking good stocks and holding forever to enjoy compounded return. Buying an overlooked stock to wait for market to rectify mispricing and hence provides opportunity to exit, is also considered investing. Even if it happens within few months.



Short term activities should not be automatically frowned upon. Anything bought based on careful evaluation of value and proper reasoning, and in the event that things turn sour, can be held until recovery, is considered investing.



Holding period is totally irrelevant."


You should add another line: investing should not be taken in vacuum, but must be compared against β, which is the market return.

During good times anyone can make money. But how much more than the market return is your stock picking skill, or α. Alpha or sick picking skill is about making more money than the benchmark during the good times, and losing less money than the benchmark during the bad times.

Yes holding period is irrelevant, but only idiots sell the winning lottery tickets to buy more lottery tickets.

Yeah this icon8888 is a low class investor. What else is new? Moving on and ignoring kids who don't add value but only know how to troll challenge without any facts. People who don't have a portfolio and don't have long terms returns are usually like that. Just because I don't put money into your investments you feel upset. Boring la.

Again I point out your investments are average companies that you paid good prices for, you feel upset? I didn't say you can't make money off it, I just don't bother because I benchmark my investment expenses, opportunity costs and performance versus KLCI returns. How did your stocks perform over the long term versus benchmark and money markets?

LCTITAN
JAKS
YOCB
SUCCESS
HENGYUAN
PETRONM
DKSH

Yes I have an opinion, which I think adds more value than your childish comments and you one word ”67 stock". What does that even mean, how did that improve investing knowledge for general public?

And I even back it up with results.

Next.

https://klse.i3investor.com/blogs/phillipinvesting/197011.jsp

Yes. My brother in law work here.

Kasinathan don't give up hope, I found 5 in 10+ years in the bursa market!

Hhhmmmm, if you wanted to play microcaps, why not invest in PPHB instead. The management is much more amenable, they will begin paying out dividends soon, they have an upcoming hotel in Penang getting ready this year, they have a lot of industrial warehouses and factory in Penang Island which hasn't been revalued since 2007, they have expanded to Philippines, the profit earnings and revenue is growing steadily and more than master,, and the pe is even lower than master.

They even do the same business.

But one is in Sarawak with slow growth, and the other one is in Penang, which is the fastest growing industrial zone in Malaysia today. Plus LGE is supporting export business in Penang, and plans are being made to upgrade the airport into an international one soon.

Stoneraider really likes to argue for the sake of arguing, if in 3 years 3 months his sapura doesn't reach rm3, will stoneraider shut up forever?

>>>>>

Do not over concentrate your investment loh....!!

Good overvalue co like Nestle can run into trouble mah....!!

Posted by witchjaz > Mar 14, 2019 10:15 PM | Report Abuse

KUALA LUMPUR (March 14): A wholly-owned unit of Nestle (Malaysia) Bhd has been sued for RM139.34 million by Mad Labs Sdn Bhd over the allegedly unauthorised and/or unlawful use of the latter's QR code on Nestle’s products and packaging.

Then you buy lo, since you know how to value it. Really bodoh, everything I say need to argue. Argue for the sake of arguing. With nothing useful to add. Need to spam every single thread?

Everyday spam whole thread. Drown out all comments. So low class.

I think it may be easier to teach stockraider how to think in lateral terms. If Stockraider is so adept at buying and selling stocks in the short term, I give him a chance to compare the results of his yearly investment against KLCI benchmark.

This is the year on year performance ( share price turn) of the 30 biggest companies in bursa Malaysia, indexed.

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
45.2 19.3 0.8 10.3 10.5 -5.7 -3.9 -3.0 9.4 -5.9

The local passive investing, if you will.

In 2017, choivo did 12.2%, but in 2018 he had a total turnaround with -17.95% returns. Of course, if you do benchmarking, the average retirees who put money into the index made money in 2017 and lost money in 2018, so you can say the Jon choivo active management is underperforming retiree passive management.

I wonder what is stoneraider year on year performance like, for him to be so confident and say sapura will be a 70 billion dollar company in 3 years 3 months.

Or does he not keep track of his own investing performance, but same like Calvin tan just spout out whatever stocks he likes, but did not act on anything material?

I believe 2019 will be a good year, but will you outperform the benchmark index?

It comes down to risk, the management of risk and the avoidance of losses.

For me, PCHEM is a much safer investment route. With safety comes a lower degree off the possibility of losses, buy the possibility of long term share appreciation is also lower.

With topglove in relation it is the more risky investment. With risk comes higher chance of losses ( as wth the noted 20% unrealised losses since November) because of the aspion purchase etc. Buy if it works out the share appreciation is also higher ( as shown by the 5 year performance of holding into topglove).

It depends on your risk appetite and your age. I chose PCHEM for my 78 year old father in law and wife, because the investment is better than putting it into fixed deposit, with an acceptable risk level considering the long term returns.

I chose topglove for myself because I have been holding onto it since 2010, and the revenue, earnings and dividends are all growing, with a few hiccups.

I guess it all comes down to margin of error.

PCHEM would have to go drastically wrong ( with plants exploding and killing many people), or changing legislation like the pasir gudang dumping case,or sudden speculation if feedstock prices for the investment to turn sour. I don't think the are many competitors for PCHEM in South East Asia able to compete with it. PCHEM is more predictable, thus the lower PE. I expect it to return dividends and share price increase 15% annually, which is my margin of safety.

TOPGLOV has more competitors, and which it has 25% market share, the is some uncertainty with regards to margin compression due to competition, misjudgement of the world demand for gloves, rubber prices going up and others. It is this is predictable, and more prone to market sentiment ( and short interest). I expect it to earn 20% annually over the long term as a minority shareholder, in terms of share price increase and dividends.

I would benchmark it against fixed deposit, which pays 4%, guaranteed return and protection of capital, which I would pay exactly PE 1.

Hi titus, I will be the first to tell you I don't know which I will purchase, that's why I purchase both. I don't have the skill like Warren buffet or Calvin tan or jon choivo to see the future or can calculate the number crunching as a auditors. All I know is to identify good companies.

I believe in the glove market will continue to grow at 10% a year, and PCHEM to benefit from pic in the long term. Other than that I just monitor quarterly reports and see if the story has changed.

I bought both, buy personally I think PCHEM is safer buy slower growth, but TOPGLOV and harta has better long term growth but higher volatility in price change.

If you are using cash I guess glove counters are good, if you have to use margin I guess PCHEM is probably safer.

Yes they can. I can force you to contribute into EPF. Even as an adult I can still force you.....

The last time they hit 70 million was 31st December 2010. Or am I wrong?

If stoneraider is so certain his crystal ball tell him sapura can hit 70 billion in 3 years, why not just sell everything, buy every single share of sapura you can and leave the forum, ignore the noise.

I don't get it. INSAS maximum you said can get to rm3 only. Sapura is rm3 in 3 years.

In 3 years INSAS has never even performed at all.

Why don't all in sapura?

Sapura is a sure winner no? Rm3 in 3 years 3 months...

Seee.... The stoneraider copy past entire thread spam messaging has begun. He will pollute your thread and drown out every voice.

Good luck.

But don't worry, I'm sure RCECAP is a wonderful investment. I will continue to monitor it closely in the coming years.

When management is able to execute a full turnaround from a logistics and trucking company into a international fpso company and grow from 100 million revenues per quarter in 2016 to 250 million revenues per quarter in 2018 I have no issues with ESOS.

When a management is able to take the world glove market by storm and go from 500 million revenue per quarter to 1.2 billion revenue per quarter, I have no issues with ESOS.

And these are international companies which has never lost money or a negative quarter, it's business is competing internationally, and are performing far above its peers.

It took 10 years got rcecap to get back to it's 70 million a quarter revenues and earnings level. Will it move to bigger heights in the future? Will it take 10 years to reach 140 million a quarter in revenues? Will it keep it's profit margins and earnings?

Is it worth paying the ESOS to management and workers for this kind of performance?

>>>>

Talking about ESOS to family members, have you seen's TopGlove's? What do you think of it? Or Yinson's?

price 1.64 pe 6 roe 16% profit margin 36% dy 4.8%
14/03/2019 17:37.

Why is its pe6 low? It's because intelligent investors know that terminal value has been hit and the business will struggle to grow bigger in the future. It has yet to hit all time high in any department.

If you know a company can't grow, why pay more?

My biggest holding (capital employed wise) is STNE. If you are taking about QL, I did buy in December 50k shares@6.25. I haven't sold a single share yet. Compounded growth and all that.

Your idea of mediocre business is a good investment at a low enough price is an outdated inneficient cigar butt 1930's concept that had already been given up by Warren Buffett a long long time ago,. He promotes buying wonderful companies at fair prices. RCECAP is far from a wonderful company.

This has already been proven by comparing minority shareholder performance if you bought time 5 years ago, RCECAP 5 years ago and aeon credit 5 years ago.

Your concept is flawed because you assume to know the future by deciding that share price is a determinant of the quality of a business in the long term.

That is a wrong way to invest money in the long run. Trust me, I bought one stock for 10 years and have monitored all other stocks by this benchmark. Very few pass the test of time. RCECAP in 10 years did not. Especially not with the bank negara rules ( 10 year maximum loan length) in place.

The determinant of the quality of a business, is it's long term growth, investing revenues, increasing earnings and investing dividends.


And as a minority shareholder, ROE, profit margin, PE is useless if evaluated on its own. As a minority shareholder, what effects you is SHAREHOLDER value. Dilution of shares. Share buybacks. Rights issue. Warrants. Dividends. Share price growth. and in Malaysia ICULS, preferred shares, convertibles.

But of course taken in vacuum that is also silly.

One must also think like a BUSINESS OWNER. Return on capital employed, debt, quality of debt, gearing, revenue, earnings, non performing loans, loan size per person, number of borrowers, the investment grade of borrowers, collateral, performance of peers, the industry projections and horizons, bank negara projections, government (LGE) projections, government salary projections, bond projections, lending criteria, staff employed, performance and growth per branch, branch locations, kpi and performance bonus and (ESOS) for employees and management. And most important, what is the possibility of a bank run, and how much of a hit can RCECAP absorb, before a repeat of what happened 10 years ago reoccurs when the rules change came into effect.

Reducing investment to just 5 metrics is insane for me.

A simple investor is a poor investor.

That is why I don't understand investors who are able to buy 30 stocks, when they can't even name the top 5 management team, their track record and all of the above at the top of their head.

You read the report many many times I assume. Can you name me the top 5 managers without referring back to the report? ( Warren buffet remembers all the managers of his companies by name). If you can do that can you name all the metrics I just put out above as it is all interrelated.

If you can't, I suggest you read the reports a few more times and memorize the details, or stick to companies you are familiar with.

Scam article to get readers into a AD filled blog. Pathetic!

Any company that can only manage 1 chicken egg farm, shows a lack of management capacity to grow it's business horizontally. Not having a good team of managers that can grow it's business organically or via m&a will usually lead to trying to diversify into different businesses.i do not agree with this. If it can't grow it's own egg poultry business ( grow vertically with broilers, frozen products and retail), but decides to go into developing and property investment? I think is a company that I would avoid, as you will not see focus and a good management.

There is a reason why this company has a low PE ratio.

Pass.

stockraider bought a lot of sapura at 0.29, he is hoping sapura to become next rm3 company in 3 years 3 months.

shhhhhhhh...... later stoneraider and sslee come over and camp with their pitchforks and firebrands...

heresy!

The problem with investing is valuations keep changing based on material information. I try to invest with the assumption that if I have a m16, and my management is Rambo, I just worry more about the bodycount, and less about Rambo. He will do well in the long run and appear in many more movies.