The following is my outstanding transaction for Crystal International (2232 HK) as at 26 August 2021

29 Dec 2020 HKD2.40 717 units (BUY)
30 Dec 2020 HKD2.40 9,435 units (BUY)
31 Dec 2020 HKD2.40 2,206 units (BUY)
27 Jan 2021 HKD2.40 3,600 units (BUY)
9 Feb 2021 HKD2.40 2,954 units (BUY)
17 Mar 2021 HKD3.45 11,500 units (BUY)
18 Mar 2021 HKD3.40 6,500 units (BUY)
19 Mar 2021 HKD3.60 10,267 units (BUY)
10 May 2021 HKD3.70 7,500 units (BUY)
15 July 2021 HKD3.86 8,000 units (BUY)
24 Aug 2021 HKD3.20 5,600 units (BUY)

The following is my outstanding transaction for Crystal International (2232 HK) as at 20 Mar 2021

29 Dec 2020 HKD2.40 717 units (BUY)
30 Dec 2020 HKD2.40 9,435 units (BUY)
31 Dec 2020 HKD2.40 2,206 units (BUY)
27 Jan 2021 HKD2.40 3,600 units (BUY)
9 Feb 2021 HKD2.40 2,954 units (BUY)
17 Mar 2021 HKD3.45 11,500 units (BUY)
18 Mar 2021 HKD3.40 6,500 units (BUY)
19 Mar 2021 HKD3.60 10,267 units (BUY)

Hi Philip, what are your thoughts on Stone Co that is operating in Brazil whereby the administration's management of Covid-19 is a bit out-of-hand? Bolsonaro has been refuting the importance of social distancing and cases grew from 1 to close to 20,000 in about 45 days (although the share of population getting it is still low)?

If we have 302,848 cases, 10% of that i.e. 30k need ventilator and we have 2,330 ventilators at service, i rest my case. As mentioned, there are pathetic who focus solely on the ratio. People will just recover on their own, tell that to the Chinese and Korean government.

@OrlandoOil you obviously don't get the gist of the write-up. Think about the constraints we have. Pathetic citizen

These claims are necessary anyway because US doesn't want to instigate social chaos. Japan is possibly a time-bomb. Its demographic is among the highest risk but it is reporting very low number of cases as they are not testing. They are afraid to encourage testing as that will negatively impact their summer Olympics plan.

my pick for 2020

JOHOTIN 20%
HIBISCS 20%
JAKS 20%
COMFORT 10%
SAM 10%
WTK 10%
KOBAY 10%

Well said Philip. About driving cars, what are your thoughts on West Coast Expressway?

Hello Philip, thank you for the constructive feedback and I very much appreciate them. In fact, I would agree with you that predicting crude oil price is tough and am aware how much smarter institutions, you and fellow i3 members are compared to me. Since I was banking on the probability of further downside vs. upside reversal in Dec '18 when Brent collapsed to low $50 per barrel, I try to position myself in a mispriced crude oil company with fair balance sheet to mitigate my downside risks. Similar to you, I am a strong believer in companies with great growth prospect and management but the Canadian crude oil patch is very mispriced despite the fair growth prospects they carry. Having said that, I learnt a lot and hope to hear more from you when it is convenient and of interest to you.

Is there a possibility the market is valuing OpenSys at 9.7x PE because the market saw a growth rate stop 5 - 10 years later? What happens after all ATM & CDM machines are replaced with CRM? Will the services revenue be large enough with greater profitability to prevent the levelling off of earnings by then? Moreover, the threat of e-wallet by then would also be more significant that cash machine growth may decline? Does OpenSys have a plan to penetrate other South East Asian market?

Hello Ricky, thanks for the excellent write-up. Out of curiosity, I was just wondering cause I sometimes have the idea questions that are too hard to answer is where some pay-off probably lurks in but what do you think about this? Because questions that are not too hard to answer, most of the time they are already discounted into the valuation?

https://www.institutionalinvestor.com/article/b1bpqyp4684v06/The-Wall-Street-Math-Hustle I hope this article is useful to a certain extent

Stock Pick 2019 - ChongHH

Portfolio URL: https://klse.i3investor.com/servlets/pfs/116231.jsp

Hibiscus Petroleum Bhd 25%
Malaysia Smelting Corp Bhd 15%
WTK Holdings Bhd 15%
Kelington Group Bhd 15%
Kobay Technology Bhd 15%
Johore Tin Bhd 15%

Hi Mr. Tan, I would like to participate in the competition so please add me in. Thank you for your time and effort.