Added... Good days ahead...!!!

Warren Buffett, "Consideration are identical when you Buy Amazon, versus some, say, bank stock or others, that look cheap statistically against Book Value or Earnings or something of the sort. In the end, it all goes back to, Aesop, who in 600BC, said that a Bird in the Hand is Worth two in the Bush. When the fellow bought it tries to figure out if there are three or four or five in the bush, and how long it will take to get to the bush, how certain he is going to get to the bush. Who else is going to come and try to take the bush away. And all that sort of thing. And we do the same thing. Despite lot of equations you'll learn in business school, the basic equation is that of Aesop. Your success in Investing depends on how well you are able to figure out, how certain that Bush is. What the worst case is instead of a few birds being there. Only one being there and the possibilities of four or five or ten or 20 being there. That's the guide for my successors n for you. I think they'll be Right more often then they'll be Wrong."

Ha...i think many people know roughly how to predict...looking at its rear mirror...plus 3...quarters down the road...conservatively estimating its EPS...@0.25...so multiple by present PE...come to around...@5.00...ha...!!!

Unforeseen circumstances can happen...But for normal circumstances...n overall markets trends worldwide...PENTA...rationally comparing with its peers...Should be selling at...@25x...Price to Earnings...!!!

PENTA...5yr...CAGR...to be conservative is around...@25%...above 30%... won't be sustainable...'too good to be true'...PEG...@0.76...At present...But going forward...the odds...is on your side...TQ.

Malaysian Bond yield...10 yr...@4%...so at certain PE... probably around 35x...we must decide to Sell...to average down our cost of capital...no matter how good the company is... sometimes too high price... become irrelevant...or Risky... Good days ahead...!!!

Why Amazon...?...Analyse...don't just talk without action...!!!
https://www.cnbc.com/2019/05/15/warren-buffetts-berkshire-hathaway-reveals-900-million-amazon-stake.html

Ha...@Richard...I invested both...PENTA...becoz I had free shares... that's why my average price will be lower depending on my averaging percentage. Both are excellent...but you should think of pros n cons...how much positive n negative outcomes...be it price appreciation n depreciation...plus management efficiency. Understand its products then you decide...FA is crucial for long term...but not 100%...only 70/80%...GL to you.

Wisdom of Buffett...!!!
https://www.forbes.com/sites/gurufocus/2019/05/13/best-quotes-from-warren-buffetts-2019-annual-shareholder-meeting/

Positive Variables...!!!
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-china-trade-war-us-tariff-plan/

Hahaha...Analyse yourself...very much different industry...the differences are huge...Of course TOPGLOV...more defensive type...well PENTA...you know unpredictable...so much changes during this supernova century...!!!

ATE...Forward high growth industrial revolution 4.0...5.0...Probably still reasonable at this PER...Lot of hidden earnings...Still can invest few percentage point...GL everyone...!!!

Hahaha...Penta...Really gives me lot joy these few years...Now I only left free shares...10,000 only... Hopefully... company issue more bonus share...plus dividend.. since its cash flow keep on increasing... Automation is an industry for the future... Industrial Revolution 5.0...Hold...!!!

Overall factors or variables....50/50...Positive/Negative Outcomes...!!!

OMG...!!!

Aiyah...that's stock markets...Never Give Up...!!!...Keep on Learning...But please learn from your mistakes...Good luck to U n everybody here...TQ.

Wow...these are factors...that drive Amazon...So much hidden sales going forward...that's why Berkshires' management invested recently. Economic wise a lot of positive outcomes...!!!

hahaha...hehehe...hohoho..."hoisaliao"...!!!

Well...looking at present FA n macro factors... management are trying their best to reduce outstanding debt... probably they can...if the CFFO is positive for at least 4 quarters...Total debt need to decrease to a reasonable level... it's not advisable...to issue RI or PP... dilution of outstanding shares...for normal investors... isn't beneficial. Good days...!!!

FA, TA, Macro, Economic, Geopolitical, Liquidity, n other variables need to analyse...what are the percentage of negative outcomes...compare to positive outcomes...at present...Price... whether there is Mispriced or otherwise...GL everyone...TQ.

https://www.theedgemarkets.com/article/hong-kong-stocks-catch-global-rout-trump-softens-blow

Turnaround...Hold...Patience...!!!
http://koonyewyin.com/2019/05/14/dayang-keep-or-sell-or-buy/

Hahaha...Think so much for what...these types of things company with efficient management know what to do...All reds...but TopGlov is...Green... hehehe...!!!

Automation Industry 5.0...Invested...<@0.850...>@20%...Growth...Sales, Profit, FCF...Sustainable Dividend Policy...Reasonable...10% of R&D...Increasing Retained Earnings...n Book Value...Excellent Dupont ROE...n cash generating efficiency...resulted in Zero long term DEBT...TQ...!!!

Positive outcomes...>@100%...Negative outcomes...<@25%...Patience...For all Stars Align...!!!
https://seekingalpha.com/article/4149301-difference-great-traders-good-traders-art-totis-porcis

My Pleasure...Keep on Learning...Be Humble...!!!
https://seekingalpha.com/article/4149301-difference-great-traders-good-traders-art-totis-porcis

Extreme Bear is beginning of Bull... Extreme Bull is beginning of Bear...!!!
https://www.theedgemarkets.com/article/stocks-yuan-fall-sinous-trade-war-deepens-china-retaliation-eyed

Ha...Sold some Penta...Bought...@0.865...Starting Point...!!!

No. 1 is Inner Scorecard...!!!
https://www.cnbc.com/2019/05/10/billionaire-warren-buffett-use-this-simple-test-when-making-tough-decisions.html

Psychologically... Positive sentiment...!!!
https://www.cnbc.com/2019/05/10/the-trump-put-saves-stocks-as-investors-bet-the-president-wont-let-the-market-collapse.html

P/E N E/P...!!!
https://www.tradingtips.com/why-you-should-ignore-the-pe-ratio/

Who's Buying...!!!
https://macro-ops.com/whos-buying-and-why-the-transactions-approach/

Creativity's...!!!
https://www.cnbc.com/2019/05/10/billionaire-warren-buffett-tribute-to-investor-teaches-how-to-live-a-successful-and-happy-life.html

That's Traders...!!!
http://www.financetwitter.com/2019/05/how-trumps-102-word-tweets-erased-us2-trillion-dollar-off-global-stock-markets.html

Ha... sometimes you need to be a bit crazy...to solve this trade war...chinese people are good businessmen...Trump is rational to slap crazy tariffs...with some crazy antics...But I think the odds are positive...very psychological...any weakness just... Invest...n don't expect to gain above...@>100% within 2 or 3 months... probably 2 to 3 years...Patience... Impatience is a big mistake...!!!

Trumpeter...!!!
https://www.ccn.com/stock-market-storms-back-as-trump-teases-very-strong-trade-odds

My Pleasure...Keep on Learning...!!!
http://www.r-5.org/files/books/trading/speculation/Jesse_Livermore-How_To_Trade_In_Stocks_%281940_original%29-EN.pdf

Over Diversification... Probably No...there aren't many wonderful companies...a Bird in the hand is Worth two in the Bush...!!!
https://www.forbes.com/sites/garymishuris/2019/05/05/5-insights-from-the-2019-berkshire-hathaway-annual-meeting/

Psychological...Buy on Weakness...!!!
https://www.cnbc.com/2019/05/06/warren-buffett-if-we-have-a-trade-war-it-could-be-very-bad-for-the-whole-world.html

Sea of Blood...VS forward Value...@Green... Patience...@>180 days...!!!
https://www.marketwatch.com/story/asian-markets-plunge-as-us-china-trade-deal-appears-in-jeopardy-2019-05-05

21st Century...Value Investing...!!!
https://finance.yahoo.com/news/why-warren-buffett-buying-amazon-stock-means-traditional-value-investing-is-dead-105858938.html

Bitcoin...???
https://www.ccn.com/buffett-bro-bitcoin-dementia-patients-worship-judas-iscariot

A Pinch of Salt.
https://www.fool.sg/2019/05/06/investing-in-asia-malaysia-the-worlds-worst-stock-market/

Wonderful Insights from BRK annual meeting...!!!
https://www.forbes.com/sites/garymishuris/2019/05/05/5-insights-from-the-2019-berkshire-hathaway-annual-meeting/

https://www.bloomberg.com/news/articles/2019-05-02/berkshire-hathaway-bought-amazon-shares-buffett-tells-cnbc

https://m.economictimes.com/markets/stocks/news/woodstock-for-capitalists-wit-and-wisdom-of-warren-buffett/articleshow/69180829.cms

Patience...!!!
https://www.businesstimes.com.sg/banking-finance/malaysias-ringgit-and-stocks-are-set-for-a-rebound-ex-cimb-chief-nazir-says

Bursa...???
https://www.marketwatch.com/story/sell-the-stock-market-in-may-and-go-awaynot-so-fast-say-experts-2019-04-30

Ha... Looking at overall markets sentiments worldwide n locally... probably in Bursa there are less consolidation of share prices in May...this year...Becz...Bursa has being underperforming...since PAKATAN won. With all the good economic fundamental factors ongoing...I see it's a matter of time...before most stocks will outperform...GL...Happy Labour Day...!!!

The first Language of Business is the Financial Statement... Income, Balance Sheet, n Cash Flow Statements. Those who don't learn to understand these 3 statements aren't Investors... probably they invest blindly, or just follow the crowd, or speculators, or momentum traders. Try to understand thoroughly VS business model n its products before Investing. And the only thing we cannot fully understand is its management teams. So there are lot calculated risks...past results cannot guarantee future returns. So analyse thoroughly what VS got to offer going forward, how is the management efficiency, its products sustainability, n consistency that can affect its profit margins, sales, n profitability. So if you think it's positive n you are optimistic...Invest on Weakness...of course there are time to Let Go... on Strength... GL everyone...!!!