sifu sslee....you are needed here...please come with short and sharp information to enlighten all...

thats super good return Punter! I am no where near that levek..

keep up the good work

Nicely put Grahamnewman - good to have you in i3

what happen to all the portfolio..all got deleted?

we need to see how far you had progressed

i guessed so...ha ha..
not been keeping track on i3 for sometime earlier

where is Heavenly Punter?

let the property collapse...it will inevitably collapse anyway...as the even distant future generation will never be able to afford it anyway..

this is already at last stage of the bubble...'this pyramid scheme' will collapse eventually..

dont be the last victim at the end of the pyramid scheme.

the supply has to bow and meet the demand...consumer is the KING

Let the property price collapse
...............................

You can live in a 'Container House"...you need not buy these properties......its not that you can afford to raise 5 kids like your parents did.

remember the money you fork out to buy these properties is what comes back as salary to you with a thin margin to motivate you to work and earn....its cyclic flow of money...

and at the end you stand a risk of this property price collapsing
all your had earned money to pay this property becomes nothing at the end

you are made worst than cattles and chicken reared to work and feed the rich...like a fish asked to swim around with a moving hook in front of it...

thats precisely the reason why young generations should NOT buy these properties at inflated price...

they will sell their self for the rest of their life to payback..

Let the property price collapse...
after all its just made of sands and cements dug from the soil

exactly what i did (i stayed with my first car of just RM 20k second hand for 10 years)...and its true indeed you can gain a million.

the gap between the paragraphs is too big..suggest you edit

nothing is easy...you better choose what you are most competent with...thats the best you can do..even though there is no certainty of success doing that....

coz you will never know where you would fall on the normal bell curve in that strategy of yours relative to others....except by trial and error

which one Icon..the 1 or 2 truly competent cat?

ha ha...agree must be difficult....and usually many bees like 3ii already flocking on it to make the price pretty expensive...

we dont want the competitive edge pressure on the investment seeker itself (e,g TA analysis) cheoky....to constantly seek improvement..update and change methodology with flow of time.. struggle constantly to catch the better performing cat which is performing momentarily...

we want the peace of mind of catching that 1 or 2 truly competent cat and just watch it outperform consistently...time after time.. again..and again..

we want to relax ma


Posted by cheoky > Jul 3, 2019 2:31 PM | Report Abuse

All cat can catch mice is good cat. No need insist cat with sharp claws

you couple that with 'growth opportunities'...'growth' meaning expansion of market....you will hit the jackpot i guess.

Kinda agree with popo92 comments below. To me, from what i could understand so far...

MOAT = 'resilience' to margin erosion

its a function of 'time' factor incorporated in it.. on top of relatively 'high margin'

................

Also, I disagreed with your harsh comments on myeg had lost its moat. What we have seen with recent quarters, myeg had not yet seen any dwindling of margin. It is also replicating its business and system in philipines, indonesia and blangadesh. Indonesia government have allowed them with JV for the country GST implementing system, i do not know whether there is any direct political line involved but if there's no moat at all how they managed to get those contracts? To be honest, i have not seen a company doing this well with good margins and efficient among companies that serve government system and e services.

i thought it was a joke earlier...

Post removed.Why?

The sole fundamental objective of a country is to gain competitive advantage against another...

Its like the citizen teamed up (with a reasonable assumption of fair wealth distribution) to form a business (the collective composite of all businesses owned by Malaysian)....and the game is about whose 'collective business" value is better against the others (foreigners)...

Any investment should be about to gain competitive advantage of the citizens or to generate net inflow of value to this 'collective business' of the country.... it should not be about making the foreigners them self become a part of this collective business owners.

hope to elaborate more clearly one day.

Just realized there were so much of discussion going on...i have not read everything...but these points of Philip seems prudent.


Posted by (US/CHN trade war doesn't matter) Philip > Jun 29, 2019 5:54 PM | Report Abuse

Property overhang problems are not caused by lack of buyers, it is caused by greedy developers that wish to get the most bang for buck, and try to sell property at the highest price to make money.


my answer is very simple:

1) follow what is practiced at 1st world countries. Shift the system from sell first then build into a build first and sell system (similar to Australia etc). This introduces 2 benefits:

a) developers will be inclined to build what will really sell first and sell it at reasonable prices (as they need to build what people want to buy), making sure that there is enough buyers in the market to stop overheating and make sure supply and demand is at parity.

b) introduce a separate third party fund where buyers will put their money (and receive interest), which cannot be touched by the developer until the project is completed. This is to ensure that only qualified developers construct what they are capable of, do not bite more than they can chew, and ensures construction of trustworthy and reliable property that will last. no more overleveraging of developers to build unnecessary projects.

c) with the reduction of property overhang (speculation), there will be more resources and a search for better alpha, aka more individuals will be inclined to put money into good use in fixed deposit and bonds (for government to use in industrial, education, infrastructure and commercial projects to attract foreign investors), more money into stock market (to help growing and hardworking companies grow and get funding to grow their business and market and compete internationally).

One very good example is Yinson, hartalega and topglove, they could have transitioned from bus/rubber company into a development company (like scientex), but they transitioned into a fpso company and grab jobs internationally and pay taxes and dividends locally. On top of that, with money from institutions, bonds and individuals to help them raise more money, they are able to get more international orders and bring in the dividends from profits gained back into Malaysia.

Who benefits from property companies like TalamT? Asiapac?

Too much of just one thing is bad for the economy.

I believe money should be moved out from the property sector into growing our manufacturing and export sector. We need to stabilize the market from residential into a more balanced economy.

It can be done.


Imagine what would happen if we gave near unlimited capital to wonderful bursa companies to take on the world? What would happen then?

Samsung. Hyundai. Daewoo. Petronas. topglove. Hartalega. HapSeng. QL. Yinson. VS. United plantations. old town coffee. Inari. Liihen.

Imagine if we could help all those companies grow and export their talents internationally. the dividend inflow to Malaysia would increase the cash flow of Malaysians tremendously.

Lego.

I am not favour of foreigners buying our property.

It becomes not only selling a product but part of the business itself....its like threatening the major shareholder. In such a case we should allow foreign developers too...make everything that you as a citizen can do...the foreigner can do too.

i recommend this title: 'The "Armada" strikes back'

dont play play with CP...he is the ultimate cockroach in i3!

fittest..had been surviving for billions of years..

https://www.malaymail.com/news/money/2019/06/29/russia-agrees-with-saudi-to-extend-opec-deal-by-6-9-months-says-putin/1766685

sifu Icon...i always love to be angler..

what a brilliant summary:

.....

Angler tries to look into the future. Driftwood is of the view that it can thrive without knowing too much about the future (take care of the downside and the upside will take care of itself).

Surf Rider does not predict the future. For them, THE FUTURE IS ALREADY HERE.

key factor that made Pantech who they are now is because they were able to source quality Pipes, valves and fittings at extremely competitive price from China and market in south east asia...local presence...

if they could venture similarly to vietnam...or indonesia with similar strategy...then the expansion will be phenomenal...not sure they can do that...else current valuation appears fair i guess..

they need not depend on PIC...as they have other huge process industry (veg oil & chemicals) with recurring need for their products...

Philip undoubtedly have good business knowledge...another great asset in i3...keep up the factual arguments Philip...

sifu Philip is open...3ii i super closed

closed minds are those who fear their long hard held believes will be challenged/shattered...

3ii makes return above bond level by 0.1% and he claims he is the ultimate 'investor'..lol!

Jon still did not give a precise definition differentiating investing and speculation

a phenomenal change on perception of its toll business taken place...

like John said...its highly possible to surpass 1 on monday itself..

volume-clouds will die out beyond a certain level...then its clear sky for flight rise

even if you cut..it will grow back one

you cannot suppress its inevitable rise

https://www.youtube.com/watch?v=iE9ZF2eA-Fc

can even be 92 cents

it will at the least follow Gamuda rise % at opening

gap up 90 cents monday

should overtake iwcity price soon

LKH has the mother of all project Bandar Malaysia in hand.....

and now the toll business is an added advantage given the fair value MOF is willing to offer...versus a sell down that took place when PH came to power

current price is a joke near PP level

when Ekovest was 0.955 on 3rd May, trump came with a tweet on new trade tariff...and then Dow plunged from then 26,500 points all the way to 24,800 on 3rd June...

and fxxker Eko followed the same

and now Dow is 26,700 almost all time high

he he ...Gov buy the cheap tolls first to impress rakyat...

whichever angle you look at it...construction (Bandar Malaysia) or toll business

Eko echoes Gamuda....

Monday price rise should not be anything lesser than Gamuda rise (note Gamuda had risen significantly)

big boss sold to buy kpower liao

serba no power

5 Billion? omg

having all the future cash flows NOW SURELY is better than having it in the UNCERTAIN FUTURE...

with that cash you can grow your business immediately

no wonder rising sharply last 4 days

https://www.thestar.com.my/business/business-news/2019/06/21/govt-offers-to-buy-litrak-and-three-other-highway-concessionaires/

LKH surely would be eyeing an even better deal for Duke from his alliance with Dr.M

aduh panjangya cerita....ade summary tak?

closing price 1.21

announcement is coming very near..thats why its rising at increasing pace.

If missed today...lifelong regret

are they pushing up IWCITY to the takeover price offered earlier?