Not really “explosive growth”, but a turnaround with decent growth is usually sufficient

Yes ! That is the kind of things he did ! Read the book

_________

really meh? Low PE do have one advantage....if the company subsequently shows explosive growth accompanied by PE ratings upwards, than the gain will be multiple baggers.

https://www.amazon.com/John-Neff-Investing/dp/0471417920/ref=sr_1_2?ie=UTF8&qid=1547038870&sr=8-2&keywords=john+neff+on+investing

You need to read the book, many things inside

Not your ordinary value trap Low PE

I heard Aruz is actually the Toyota Rush

Once in a life time opportunity to buy

Last time always trade at 4 to 5 at least

When new asset starts to shine, the stock will run

I am very sure the New assets will shine as these guys are experts

They have done their Maths before closing the deal

Auric acquisition can potentially propel company to totally new level

Kwailo Major shareholders own more than 70% . I am sure they are more kencheong than us ikan bilis

Despite borrowing quite a lot to acquire auric, I think it is very easy to maintain dividend 10 Sen because number of shares 160 mil only

Pay out 10 Sen is equivalent to RM16 mil

Easy

At current price, dividend yield 4.4%

Nice

CharlesT saved me

Gave me advice

Like

Still holding my Johotin

I was busy collecting canone recently

buy 10 golden pyramids also cannot protect you

dont F around with Vincent lah... never good ending one....

I lectured people the same way two years ago at 60 sen

don't understand what superbiull said

he sounds very high

don't get what you mean....

but never mind....

see you guys, I got to monitor my own stocks...

why you wish it go down ? thought you have ?

Posted by CharlesT > Jan 9, 2019 02:24 PM | Report Abuse

I will be happier to see 1.30 than 2.60.....

glove is the only industry in the world that Malaysia call the shots

the only industry we can cost pass through to customers

dumb dumb hold lah

put it aside and come back in 5 years

like 3iii

down little bit only mah

what happened ?

good company though

misai gor, thong guan not a beneficiary of low resin price (nor victim of high price)

it cost pass through to customers (time lag applies)

all eyes on US China trade talks

if can reach agreement, 2019 can be a bull year for Bursa

2019 could be one of the easiest year to make money

no need crush your brain to pick stocks, no need fight, no need scramble, no need to outwit each other

just buy

a lot of good stocks trading at depressed level

Brexit is ok, don't worry about it

No deal Brexit is what is scary

but the parliament has voted yesterday to remove / limit such a possibility

UK PM May defeated in parliament, lawmakers create new obstacle to no-deal Brexit
Published 6 hours ago on 09 January 2019


LONDON, Jan 9 — British Prime Minister Theresa May's government suffered a defeat in parliament yesterday when lawmakers who oppose leaving the European Union without an accord won a vote that created a new obstacle to a no-deal Brexit.

The 303 to 296 defeat means that the government needs explicit parliamentary approval to leave the EU without a deal before it can use certain powers relating to taxation law.

oh I know why today it goes up

because destini, prestariang all these Bumi counters go up

can buy egg tart to celebrate

like misai said if incorporate profit guarantee, sure profit cantik cantik

lailiao lailiao

wah even compsec also jumped in to subscribe LOL

ok, he buy I buy

This stock can buy

PNB surfaced as dominant shareholder after rights

Government sure swing projects to them

Future blue chip

Both 3iii and I have something in common : we both recognise reinvestment risk as one major obstacle for sustainable portfolio growth over Long term

He has chosen to give up fighting (sort of) by resorting to passive long term investment (which I in general do not have vital disagreement , but still find many questions unanswered. For example : what do you do with Nestle now when it has already reaped the benefit of PE multiple expansion as well as Low commodity price boosting margin ?).

The reason I am still sticking to proactive portfolio management is because I have seen people has successfully done it in real life over extended period of time (John neff is an example). I believe the concept of proactive portfolio management (two to three years as one cycle) is not inherently flawed. Instead, if it does not work well, is probably due to wrong implementation or methodologies. I believe doing in depth study of this particular aspect of investing might yield interesting insights that can help to improve our investing skills going forward

I might want to borrow 3iii thread for that purpose. Writing useful paragraphs every now and then (John neff), instead of one gigantic article

afterall, it is a 200 pages book

John neff mitigates reinvestment risk by going contrarian, seeking out companies trading at Low PER and yet has potential to grow earnings in the not too distant future

I am still reading the book . Will share more after digesting it

Once again , I would like to point out that 3iii method might not be wrong, but there are many other methods that are equally valid

Nobody can claim that his method is the only correct method

I am reading John Neff. One of the most successful investor. He is exactly like what you mentioned below , churning his portfolio every two to three years on average to keep it fresh and relevant



Posted by Fabien Extraordinaire > Jan 8, 2019 09:47 PM | Report Abuse

portfolio management should be dynamic.

every now and then, one should reevaluate its positioning in light of new information. i make a point to review my portfolio positions at least half yearly, revalue every stock to make sure no significant changes to the IV and there's enough MOS.

which is why it is important to build up an extensive watchlist. so that u can replace the old with new.

don't put a timeframe in "holding" ur stocks. sell when the gap between IV and current price narrows to 10-20% range.

I might revisit my decision to invest

Might hold might not hold

Still thinking about it

He is counting on you guys to help him make back his 60 mil

Get your hard earned cash ready

I actually like this thread prepared by 3iii

Even though I like second liners instead of dinosaurs, many of the info in this thread actually makes sense. I have a feeling it can play the role of a beacon that guides us back to sanity whenever we lose our way

It is like having an iced gold beer after eating ba b q. Not a bad thing

I am still comfortable with my second liners, but will try to incorporate some of the useful concepts from here to further improve my investment strategy.

hmmm... now I can see where the analyst is coming from...

You very Creative

I knew what you did to pwf WA on day of stock pick

X P

So illiquid, by end of 2019 somebody can sabotage. Dump few lots can crash the portfolio already

How come morning 30% gain evening become 20% ?

The most bizzare portfolio I have ever seen

TP 1.60 ?

EPS 4 Sen x 4

x 10 times PE

I bought more bimb wb at 14 Sen

Bimb at 3.60

Banking stocks re rating

Yes it is a buy