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2019-08-12 11:14 | Report Abuse
ya, your QL is in this business also
so Herbert's chicken are susceptible to Viruses and yours are not
Posted by (S=QR) Philip > Aug 11, 2019 7:57 AM | Report Abuse
LAYHONG, here are the facts.
Oversupply of DOC and eggs? Facts.
Only one business model? Fact.
Very low margins, high competition? Fact.
Disease and illness ? Fact.
Poor growth history? Fact.
Not market leader? Fact.
Lackluster management? Fact.
No expansion plans? Fact.
Poor share price performance? Fact.
There are so many assumptions to make to predict LAYHONG success, I find it so hard to even try.
2019-08-12 11:10 | Report Abuse
business is very complicated
there are all kind of black swan events
nobody can claim that he is investing based on facts alone
luck does play an important role
2019-08-12 11:08 | Report Abuse
facts ? all these "facts" went out of the window when US clashed with China, flooding Asian market with their unsold products
the petrochemical market in Asia will potentially face depressed market condition for years to come
what is so big deal about the increase of production capacity PIC ?
are you still sure that pchem's profitability will increase after PIC kicks in ?
see what I mean ?
Posted by (S=QR) Philip > Aug 11, 2019 7:51 AM | Report Abuse
Minimized assumptions, maximized facts.
What are facts for pchem?
PIC completion: fact.
Increase of revenue from production of PIC: guaranteed.
High net profit from sustainable business advantage: fact.
20% PAT: fact.
No losing quarters in last 10 years: fact.
Consistent yearly growth: fact.
Cash hoard: fact.
Resilient business model: fact.
China trade war temporary: fact. ( Until they dump Trump).
Pchem market leader in sea? Fact.
Business model resistant to disruption? Fact.
2019-08-12 11:03 | Report Abuse
the problem with you is that you keep claiming that you invest based on facts, as though they are permanent and will be true forever
what I am saying is that those so called facts will change beyond recognition when circumstances change
in other words, everybody is investing based on certain degree of guesses and assumptions
nobody invest based on facts alone
2019-08-12 10:58 | Report Abuse
I don't disagree with this. In one of my recent articles, I talked about it as "Cyclical issues" vs. "Structural Issues"
Posted by (S=QR) Philip > Aug 11, 2019 7:49 PM | Report Abuse
The term circumstances is the difference between making and losing money. Temporary change in circumstance is just another reason to invest, a permanent change in circumstance ( like LAYHONG) is a big reason to just stay away.
2019-08-11 07:02 | Report Abuse
My point is that life is complicated and business is volatile
Nobody can claim to act based on facts all the time
Whatever facts you think they are will become irrelevant once circumstances change
2019-08-09 20:32 | Report Abuse
If can maintain previous quarter EPS, can breach 30 Sen soon
2019-08-09 16:49 | Report Abuse
the next thing he will do is go supermarket sapu all the layhong eggs so as to push up revenue
So desperate he is
2019-08-08 21:15 | Report Abuse
I dug out CIMB reports past two years. The analyst Raymond was originally very supportive. But one after another bad news, he was so shaken until he freaked out, swing to the extreme (pessimism) and downgraded to 10 Sen. The poor soul must have gone through a lot, I think he must have quite big personal stake in this stock.
SuperPanda still remember cimb TP .10 until now cannot reach, even .205 also hard to buy
08/08/2019 5:46 PM
2019-08-08 19:20 | Report Abuse
Maybe result will be good
Some shipments delayed in last quarter
Maybe spill over to this quarter
2019-08-05 19:26 | Report Abuse
Long winding road ahead
2019-08-02 14:33 | Report Abuse
Huawei boss secured a 5G deal from Slovenia president during G20
He asked the Slovenia president why he chose huawei ? The president told him "last time I didn't know much about Huawei, but now I saw US bashed huawei like this, huawei must be very good"
Laugh die me
2019-08-02 13:04 | Report Abuse
As a matter of fact, by attacking china, trump did a big favour for china
Imagine the number one superpower of the world attacked china for one full year, and yet china still standing tall and go about life as normal
now the whole world can see how strong and resilient china is
It is akin to a big, free adverstisement for china to promote its soft power
Deep from its heart, China say "Thank you very much Donal trump "
2019-08-02 13:00 | Report Abuse
Trump overplayed his hand. His Art of the Deal might work in business, but dealing with a near peer country is a totally different story
2019-08-02 12:54 | Report Abuse
Slow death ? What slow death ? China is laughing all the way to the bank
To understand why china yawns at trump's tariff , you need to look at figures
In 2018, china total export is USD2,300 bil
Export to US is USD500 bil
Meaning 22% of its total export is to US, while 78% (USD1,800 bil) is to the rest of the world
In 2018, when trump attacked china by imposing tariff , RMB to USD exchange rate declined from 6 to 7, a drop of 15%
What is the implication ?
Fair enough, its USD500 bil export to US suffered. Let's say it suffered by 25% x USD500 bil. It is equivalent to USD125 bil
But due to decline in RMB,the profit margin of its remaining export to the rest of the world experience huge expansion. For simplistic comparison purpose, 15% x USD1,800 bil = USD270 bil
Let me sum it up for you : Penalty by US is USD125 bil, while gain from rest of the world is USD270 bil
If you are China, won't you yawn at Trump's tariff ?
2019-08-02 12:26 | Report Abuse
I think china yawns when they heard of the additional tariff on USD300 bil
Their GDP is USD12,000 billion , USD300 bil is only 2.5% of its GDP
zzzzz
2019-08-02 12:14 | Report Abuse
ya Loh why only 10%, if got balls go straight to 25%
Boring....
2019-08-01 12:55 | Report Abuse
Maybe you should write more
Talk more warren buffett maybe one day can become warren buffett
Ask 3iii
2019-07-31 14:06 | Report Abuse
Don't celebrate too early. Huawei not out of the wood yet. It relies on TSMC 7nm fab to make its Kirin
If US forces TSMC to join the embargo, huawei will die
2019-07-31 10:36 | Report Abuse
it is irritating to see people keep on talking about syndicates
I have been in the market several decades never bother about syndicates yet I made tonnes and tonnes of money
when you talk about syndicates, that means you are seeing Stockmarket the wrong way. You will not succeed until you start seeing things from fundamentals point of view
2019-07-30 11:53 | Report Abuse
Yes one day Vietnam will overtake us
I have a Friend who is working in Vietnam, I asked him whether Vietnamese are intelligent (we all know they are hardworking). He said YES
Meaning one day they will overtake us in technological sophistication and moves further up the value chain
2019-07-29 18:10 | Report Abuse
3iii reads a few books and he thinks he is warren buffett
2019-07-29 17:12 | Report Abuse
HK is China's pimple
Just pop it
No big deal
Nobody cares
2019-07-29 16:30 | Report Abuse
In 2018 I bought 25 it went to 11
Painful experience
2019-07-29 16:29 | Report Abuse
25 also I won't buy
15 I consider
2019-07-29 15:02 | Report Abuse
Don't tell me you guys are still holding the warrants
2019-07-29 12:27 | Report Abuse
Share price is driven by earning growth
The sooner you realise this the sooner you escape from stagnation
2019-07-29 05:04 | Report Abuse
For me cut loss is an exception not a norm
I don't tactically cut lost
Only cut loss in the event of cyclical upheavals when I was trapped big time
Such as oil and gas in 2014, or steel counters in 2018
2019-07-29 04:53 | Report Abuse
But cheoky... if you cut lost will you be able to make money from Heitech Padu ?
2019-07-28 22:10 | Report Abuse
Can't you choose a cat logo ?
What is a cat doing with a horse logo ?
2019-07-28 22:07 | Report Abuse
Lazycat don't listen to cynics
Continue writing
2019-07-27 18:10 | Report Abuse
Beary Hairy is fortunebullz
Extremely irresponsible and insensitive things he said
2019-07-27 16:50 | Report Abuse
Calvin must be a very good man because he Everyday talks religion
Must be
2019-07-26 19:47 | Report Abuse
That s guy make money don't know
Talk a lot he knows
2019-07-26 19:23 | Report Abuse
zzzzz keep talking about the same old stuffs
2019-07-26 19:21 | Report Abuse
everytime I can't sleep I will read his postings
And very soon will zzzzzz
2019-07-26 18:38 | Report Abuse
Everytime you see 3iii postings frantically about his investment philosophy, you know he is panicking about his underperformance and is trying to calm himself down
2019-07-26 18:16 | Report Abuse
Everyday talk buffett won't turn you into buffett
Blog: “Honey, I am home, forever” kcchongnz
2019-08-13 07:48 | Report Abuse
you not happy here ?
go back to NZ lah
then you can laugh everyday
Posted by supersaiyan3 > Aug 11, 2019 11:36 PM | Report Abuse
NZ is a nice place for retirement, lots of (Asian) friends who are not doing anything also. So, just play all day long together.
It was the happiest days of my life when I was in NZ. Laugh every day.