Ha...all about calculated risks n rewards...Unforseen circumstances do apply. Those who being to Shanghai, China, knew they already so much online payment, beggars also pay online to them. I think by this year or beginning of next year...5G...will rollout in major cities in China. Singapore not at that level, Korea is there, Malaysia bila 'Boleh'...???

Hahaha...Singapore with the faster Internet among Asean, India no need to say...TM n Axiata also died there. EDMS haven't reach that economies of scale...So hard to judge its average profit margins and growth. Even SingTel, Starhub, M1, n other smaller players also not doing well enough. Look at Starhub shares nosedived how many percentage, even now the new CEO also find hard to solve going into EDM. Like I knew one company in Singapore employing Indian IT expertise, Contract was to be ready by end of 2018, until now Nov, 2019, still haven't done yet. Only 60/70% done. So 20% margin become less than 10%. All are unnecessary operation costs. Unless 5G started then probably everyone will calculated how much the cost n how much the risk doing EDMS. This crazy Trump is the only culprit...China already started 5G...because of spying lah, national security, all nonsense excuses can come from big superpower, with all their weaponry. You all judge lah...I was itching to sell my free VS shares to dump here...But keep on considering...Probably EMS industry because of trade war n supply chain disruptions...VS can do better. Good luck...!!!

Hahaha...My presumption is...Green...Tom Jones...Green, green grass of home...Nice oldies...good luck to you...if you are still holding...But don't see so near...So far, far away...the sun is rising...!!!

Ha...@Aseng...I don't care about how you learn but important things are you make money n we make money. Tangible value can be calculated...Intangible value are just assumptions. Brand, management efficiency, goodwill, etc,...are all assumptions. So you define what the intangible intrinsic value of Krono comparing with Microsoft...!!!...Sometimes luck play a part...if so...easy everybody become multimillionaire...good luck to you...!!!

Ha...Don't compare Microsoft in Krono...so much different...n don't compare Amazon n Myeg also. You look forward those sales n cash flow growth n come to your terminal PE. I cannot say that...different results expected from different discount rates n WACC. Plus different growth presumption. I think Krono is fair price...But do the crowd buy more or sell more...???

Hahaha...ya very competitive...so it depends how skillful are their employees...You cannot do extra maitenance n overtimes...the operation costs will increase n net margins become lower. Higher sales is good but how their employees health n demands. So nothing is perfect, every system has some loopholes. There are employees well trained in the US...But still not using their expertise to be street smart. Book n study is different when you go out to the real working environment. You prepare for your test...But in real life you go to test before you are prepared. So most the time think outside the box if you want to succeed naturally. TQ.

Hahaha...The time has arrived...Be Patient...!!!
https://themalaysianreserve.com/2019/10/29/malaysias-improved-ranking-will-keep-sovereign-credit-ratings-high/

Probably you n me having different views...But I see those HongKee are brainwashed n educated by western ideology n unbringing. America always never has any good cooperation with China n Soviet Union. They only think of how democratic they are...But in reality those westerners moral n character are degrading. They already broke up Soviet n now trying to break up China. Wake up...!.Sometimes these US n European are too good to be true n can't be trusted. Just think of Huawei enough...they are lazy n lagging behind...Now trying to delay China...Just ask any US youngster, they don't know where is Malaysia. So arrogant...!!!...look at our palm oil enough of that nonsense...!!!

Oh...@marvin95...Today volume consider high almost 45 million shares traded. Sometimes very low...But for this market value I think must be, 1 million shares traded to be consider okay....price action not much to be seen. Last minute profit taking is big...!!!

Hahaha...Hopefully...but this counter tends to be quite erratic in terms of trading activities that will have high n low liquidity. Most of the time people don't like to buy n sell lagging or queuing for few days...at certain price where their amount of money is quite big. Supply n demand is very important...!!!...Probably lack of big institutional investors...!!!

Ha...@enning22...lot of news are fake from those high profile publications...You must go to China then you will know the reality there...China Shanghai already overtake Hong Kong...if you are a businessman you will know what are those barriers of entry in China nowadays. Chinese people are yearning for good things n luxury nowadays n there are more billionaire in China then in US. Many people see China from false perceptions of western education n news. TQ.

Hehe...there are too many naive margins account traders out there...trying to have a quick bites and run away...At the end of day...Most tomb stone don't have any great traders...Probably some lucky investors...who humbling said I was lucky enough to have good livings n health...good luck to you...!!!

Hehe...Today you can beat automated robotic traders...Probably one day you will lose more then what you have won...That's you smart strategy...OK keep on doing it....Like baby cow don't recognize who the Tiger is...hahaha...!!!

Ha...Don't worry about all these...At the end of the days they will wake up n become responsible citizens...plus there many extraordinary kids borne in China...beginning of this century...Because heavens took pity of China or the time has arrived for China to be great again...But US think otherwise...Nobody can change destiny...Probably great calamities happening...TQ.

Hahaha...Probably undervalued...<@0.55...If you think the future value will go Up...then you need to be convicted...Averaging Up...No point running around like some other headless traders or so called investors... don't know what they really want or don't want...Good luck to you...!!!

Haha...Not all are bad...Probably these mainland China man don't have proper 'TAO'...But they are some really do have really good character because in the big ways...China still have great influence from its past great 'TAO' of Confucianism, Taoism, n Buddhism. Plus later century of Islam n Christianity. Basically our heart are good because of wrong teachings from young people tend to change because of money to become bad. That's why money have two swords in Chinese writing...n it's very filthy because all types of people hold money...!!!

Hahaha...Probably run by some socialist corporate sharks...who are so bloody good at cheating naive traders like many of them in Bursa...trying to earn some quick bucks before CNY...They really know how to play into emotional investors heart n weaknesses to capitalise such chances at the right time n sentiments...Be street smart...fellow investors...!!!

Hahaha...@enjoy. ..Good...Stay in the middle or middle way...That's very crucial of our EQ...in Stock markets...don't get influence by all those tricks of Mr. Market...!!!

Hahaha...@Op3rs...if I don't have in my portfolio I won't write in this forum...Probably should have bought more when it was hanging around 0.60/0.65...Probably need averaging Up. My biggest portfolio is still the wonderful...@Pentamaster...hehehe...!!!

Hehe...40/50% earnings growth is good only for less than 3 years...be street smart...if more then ten years probably less than 20/25%. Net margins need improving to be more efficient to have higher assets turnover plus debt lowering for better equity multiplier. Overall the ROE must be above average 12% for at least 5 years. Then only you see the cash flow n earnings growth be be in sync. Plus book value growth or retained earnings growth must be balanced with organic sales n earnings growth. Then in the long run Mr. Market probably will value it higher...we shall see at the end of terminal growth what's it's average PE...!!!

Hahaha...@3iii...Probably HKEX have more corporate sharks swimming around then in Bursa...But the rerun on capital is the same...more than...@125%...Since Jan, 2019...If you bought during that time...Looking at sustainable long term probably ten years...Overall valuation growth in terms of sales, earnings, efficiency, n its business models of diversify sectors are very promising. At present it's still very much reasonable to invest...of course it depends on an investor risk appetite n understanding of its business. GL n TQ.

Overall buying of asset n doing business become affordable...!!!
US cuts rates but no strong rally in Asia | https://www.klsescreener.com/v2/news/view/596310

Ha...Value Investors don't anyhow cut loss just because of some mispriced...Mr. Market is very, very emotional, sometimes he is happy and enthusiastic n sometimes sad n pessimistic...So for value investors we only look out for some mispriced of growth in book value n FCF equity. If there are no growth in Sales, FCF, NTA, etc...even you bought at PE mutiple of 5x also can become value trapped. Unless company with long n stable n sustainable historical earnings with good cash flow n paying decent dividend...then you analyse its average dividend discount model to determine what your owner's earnings n rate of return going forward. For KRONO...it's value growth investing...TQ.

Hahaha...Technology sectors are subdivided into at least 4 subsections...Free Tips for those not doing homework...Tech Equipment...1. PENTA. 2. ELSOFT OR MI. Semiconductor...1. VITROX 2. INARI. OR GTRONIC. Digital Tech...1. KRONO or REVENUE. Tech Software. Probably is Opensys...Not so efficient this subsector in Bursa. GL.

Mr. Market quotes is sometimes not justifiable...Looking at future growth prospect plus management efficiency minus some private interests...justifiable PE...as many people are so accustomed to is around 16x~22x approximate market valuation...there are No exact valuation because of many variables like WACC n interest rates changes. GL.

Hahaha...Sandz is still very small to rival those big players...Well data management still very, very huge in terms of economies of scale...Especially now n in future IR5.0, AI, 4G,...! All companies will be into digital technology, So the market value will grow bigger...What I don't really think is the management isn't transparent enough. Probably i am wrong...We shall see...the important is capital appreciation...GL.

Ha...Probably lack of corporate activists in Bursa...that why private or prefered shareholders have special right n dividend. Somehow public sentiments on such company will be unconvicted...Database management margins aren't good...very, very competitive...Looking at overall Return on Equity n rate of return just below average. Well sometimes it is very hard to judge Mr. Market or the crowds reactions...At present market scenarios...But for unstable market sentiments the odds are different...GL.

Free Tips...So Sales, EPS, FCF, Retained Earnings, BV,...Organic Growth Must be equivalent to ROE/ROIC...!!!...???

Free Learning for U...!!!
https://www.evernote.com/shard/s382/sh/7cc31e78-5e51-4965-b3ca-d322a97ae3fa/ece889b271e3087f42ee3d08ad3a0da6

Good...!!!
https://www.thestar.com.my/news/nation/2019/10/18/airasia-to-launch-direct-international-flights-to-tawau-sandakan-next-year

Too much politics n red tapes...memang take boleh...But want to act boleh...Take tahu malu...How to follow Japanese culture n habits...???
https://sg.news.yahoo.com/tony-fernandes-insists-long-immigration-070247549.html

Hahaha...where is the floor value n where the roof value...Even you bought a company with erratic or negative earnings n owners earnings...even at NCAV...or cash value...Probably it becomes a value trap...the price can go under the floor value. The same for EPS n owners earnings keep on growing...YOY....n book value up trending...Even you bought like it's overvalued...But it is probably not an overvalued trap. The important you need to understand n dare to analyse company earnings growth prospect...Probably a 22.5% owners earnings growth for 10 years should be sustainable. So the price to earnings ratio...you decide yourself. Of course buying at resonate PE, PEG n rate of return or EY are advisable...!!!

Hehehe...The main investing dilemma is many don't really...Hold a winning stock for years...Probably a 10 baggers...That's a thousand percentage return on invested capital...so their patience run out...And keep on looking under many heavy rocks...But there are some already holding for years...But do they understand its business, data n reasoning of those who are holding...Unless there are major changes in the competitive advantage or management scandal. How much is their return on trading capital...???...Even, Soros or Druckenmiller don't anyhow day trade. Many have no confident to cut loss...n no confident to win...Big also...Don't know when, how or why must Sell...!!!

Ha...Companies that don't have good FA or showing negative earnings n cash flow for years...where management are probably sharks in emperor clothing's...Lots of money games...So those smaller sharks love to swim with those big sharks...go ahead...if you can come back alive n breathing...But just look at SGX cases...how many smaller sharks bleed until now...bankrupt...???

Hahaha...it doesn't matter at all...your data n reasoning must be okay when you have done your homework...the crowd agreed or don't agreed it doesn't matter or affect you...Mr. Market will show you the valuation in future...besides that there aren't any private or prefered shareholders gaining special privileges...so no need to lower the book value...so you as owners...already gained from bonus issue...That's your earnings or owners earnings...plus the balance already invested in retained earnings...That's our money...provide management are efficient in deploying those earnings that are retained. Cash flow or owners earnings keep increasing with above average Dupont...ROE. That's company competitive advantage over its competitors. GL...!!!

Hehehe...Probably Mr. Market haven't realise it's full value at present owners earnings or free cash flow...to price of below 20x...PE...EPS is obviously there...But it's the book value n cash flow from operations growth minus Capex that's most important to analyse. GL...!!!

https://www.channelnewsasia.com/news/business/dyson-hits-brakes-electric-car-what-the-shift-means-singapore-11992980

Valuation...Stock coupon you analyse yourself...Bond is rather fixed...Stock cash flow can increase or decrease...!!!
https://youtu.be/Rzhkz1dIXw8

Familiar faces in Stock Day Trading...!!!
https://youtu.be/5IcvRe8bQhU

Voting machines at present... weighing machine in future...!!!
https://www.star2.com/travel/2019/10/09/airasia-wifi/

Hahaha...Those who bought today n Hold for...@50 days...Probably will have...@10%...Capital gains....Good Luck...!!!

Economy...???
https://youtu.be/PHe0bXAIuk0

Be humble...Keep on Learning...!!!
https://youtu.be/MI4JhahurS4

Well...Erratic earnings growth...Unsustainable dividend...Decreasin Free cash...!!!

Must See n Learn...!!!
https://youtu.be/PX5-XyBNi00

Equity/Bond...It's how you print your rate of return...like bond return...But equity is more flexible...!!!
https://youtu.be/-gQTQfxvnAg

EQ...Detach yourself be objective...U will be Rich...!!!
https://youtu.be/vl2aP8dlIn4

What to do Malaysia boleh...Built a good airport But the maintenance n upgrading memang take boleh...How to compare with the best airport in the world...Changi...Best budget airlines...But airport facilities below par standard. KLIA 1 the lighting also very dark... look nice the design...But not much eateries n poor lightings. At least both KLIA must be of international standard...Not local standard...Aiyahh...So many years still the same...never improve...!!!

Hahaha...It is just like you are owning a wonderful business and you want to sell at a certain price...Unless you don't want to run it or nobody in your family members want to run it then you should sell at a wonderful price,. So owning a stock is like a part of business that you understand n unless its FA or huge management changes...then you decide to sell. No point in n out only just a small capital gains. A wonderful business you always like you are owning not enough of it...any weakness just... Add...But at present scenarios... keeping 30%...Free Cash should be advisable...Good Luck...!!!

@enning22...Ya...facts was there for us to read n see...So we just take care to ourself n manage our risks...Probability, he was an engineer...certain business he won't understand...just like us..we cannot understand everything...But one or two is more than enough...good luck to you...!!!