QL earnings grew from 125 mil in 2009 to 250 mil in 2018

A growth of 100% over 9 years

But market cap expanded by 400% (according to yahoo chart, it went up from 1.6 to current 6.7)

Value creation for shareholders not so much by earnings improvement but more on PE multiple expansion

Same thing happen to TOP glove , vitrox, prestariang (before collapse) JobStreet

I have a different feel about you woh

You are good at making statements about things , most of the time negative

Apart from that I don't see you make much contribution to investing ideas

Big MNC in Sabah ? Maybe oil and gas ?

Posted by probability > Jan 4, 2019 10:23 PM | Report Abuse

what eng and procurement of products you do? in remote sabah?

need not name the MNC but you can tell the job nature

Mr Long's method relies a lot a lot a lot on his intellect

Not every one can do it

Not me

sifu when should we sell ?

I have bookmarked this thread to read it thoroughly

Forcing myself to read so as to tap 3iii wisdom

Even though it is difficult to do (falls asleep after few minutes, due to ideological difference)

But I promise myself I will finish the whole thing . But need a bit of time

I am not saying that you should unnecessarily take on high risk for the sake of achieving high return. That is gambling mentality already

What I am saying is that jon's attitude of indifference towards huge capital gain is unhealthy

He should more proactively pursue it

"Low risk" is a tricky concept

Those that don't take financial risk at young age will find themselves facing high financial risk when they are old

The effective way to eliminate risk is to grow yourself out of it, not by avoiding it from the very very early stage

After you have grown big (at least few millions, sufficient for retirement), you can consider switching to the conservative approach like Jon doing now

Equity is risky. In such an environment, offenses could be the best Defence. When time is good, you should grow yourself big such that when bad time comes, you have plenty of fat to protect your original capital

At least at the early stage of a lifelong wealth accumulation, that should be the way

Not to say that jon's investment method is wrong. It is just not very suitable for him

Jon is too young, capital too small

He can't afford to invest too conservatively

Yes. Jon will very likely underperform in bull and in normal market

That is the weak link of his investing model

Which is why I until now is still not convinced that it is suitable for him

hi Jon, if you need a decision tree to eat an egg, that means your character is naturally cautious. Then better stick to what you are comfortable with, ignore what I said.

Longer than Jon Choivo

I no eye see, throw aside and come back one year later

Hopefully there is still something there

in my opinion, you make a mistake by setting up this fund management toy for your relatives and friends

you structure the fund's remuneration system in such a way that you need to focus on capital preservation.

In a certain way, it restrains (at first I was thinking of saying retard, but better not) your intellectual development for investing

there is a big world out there. Better keep your mind open. Explore first before firming up your model prematurely

hi everybody

can I join the conversation ?

Our England not powderful

I am defending my brand

To cut it short, whatever jon call himself, it is Blue chip investing

We are small and mid cap investing

Like a doctor, I think I finally figure out Jon's style

It is called "fear of paper loss syndrome "

All stocks he picks must be so safe until very little chance of paper loss

Most of us are different. We tolerate our portfolio goes on a wild swing as long as it doesn't kill us, and hopefully pot of Golf at end of rainbow

Unlikely no deal brexit

If they messed up the economy, there will be an avalanche of bad debts

The entire UK financial system will be destabilised

I see all these no deal talk as political manuvering

I happily holding

You also same, talk loud only. Never see you do any good

1.8 bil Oder book in hand

Steam

Follow sifu OTB buy Uzma

If make money on one stock can already subscribe for many many more years

I posted an article about that for few days lah. In that article I asked them to help. They just ignored me

If you asked a friend to lend you a pencil (not a million dollar, just a pencil, and he has 20 of them on his table) and he said "No Way". And then the next day he approached you for advice on what shares to buy, how would you feel ?

I ask i3 admin to get rid of the faked ID, i3 admin totally ignore me

Then they sent invitation to ask me speak at the investment blogger forum

If you are me, will you go ?

check the ID, it is not me

I got 15,000 postings, he got 30 posts

easy to differentiate


Posted by warchest > Jan 4, 2019 11:18 AM | Report Abuse

haha icon8888 u are damn funny, sell what since is just a small uptrend. would u sell your jaks now? ppl shouting as well

ya this guy very unethical

use my name does all kind of nonsense


Posted by Beary > Jan 4, 2019 12:35 PM | Report Abuse

lcon8888 using Icon8888's buttock as his face and fooled a few guys.

what is going right ? tell me the details lah, why reinvent the wheel ? let me inspect the wheel instead. that is more efficient

can you give me your input then I know better where to zoom in

what is the theme ?

good morning uncle koon, we love you

this lazycat totally not lazy, always sniffing around for ideas. I like

few reasons :-

(1) it was sold down drastically from 80 sen to 70 sen last minute before stock pick begins. So I opportunistically pick it. True enough, it now rebound to RM0.75, and I buta buta made few percent gain;

(2) it is not so susceptible to economic condition. So if this year economy not so good, it might be less affected; and

(3) tapioca price has come down so profitability should improve

http://www.thaitapiocastarch.org/en/information/statistics/weekly_tapioca_starch_price/2018

(4) of course it is a good company. I have it in my real portfolio. But my cost 80 sen instead of 70 sen. This stock is long term hold for me. I won't sell so easily.




lazycat icon8888 , why u 20% 3a?
04/01/2019 08:54

Horrible kid.... only know to talk don't know how to listen

Next time your wife will give you hell



Choivo Capital Its cheap lah. Was looking at it a month or two back during 3Q.

I dont think the management is any good. They are similarly undervalued business, with much better management.

But 6PE. and roughly half book. FV for me is barely 1.2-1.3bil

Might be worth a 1-3% punt as an NTA. If they ever sold the stake, RM1.5bil for 20% of perodua is possible, and give out the full amount in div.

Would then go up to RM4 or more easily. But so many cheap NTA companies now also haha.
03/01/2019 17:46

Why so angry ? What makes you think that common sense needs your approval to talk about his favourite stock ?


Posted by Choivo Capital > Jan 3, 2019 05:58 PM | Report Abuse

commonsense,

Stop trying to fry MBMR up in every single forum, by talking as if its gold selling at the price of lead.

You make me itch to balance the equation by talking it down like mad here.

========

Posted by Choivo Capital > Jan 3, 2019 06:00 PM | Report Abuse

Its at best a 30-35% discount to fair value.

I can name you at least 3 companies selling at 40-50% off fair value. And this is fair value derived from earnings.

If we go to RNAV, i can name you 10 at more than 50% discount easily.

I will follow uncle Koon buy some orchids every time I make money in stock market

same here Uncle Koon, we love you and wish you live until 200 years old

Posted by Koon Bee > Jan 3, 2019 05:17 PM | Report Abuse

Uncle Koon, you are a great Uncle and I always respect you. I wish you gain back your 64 million soonest possible and is good to earn extra of 20-30 million. Wish you stay healthy, happy which you always are.

I will start to have pineapple every morning with empty stomach.

Cheers!!

yes I love qqq3 also

recently uncle koon no more here, qqq3 suddenly becomes very likeable

he no more spewing out revolting PLP

yes yes now I know you scold me whack me because you love me

thanks sifu CharlesT

owe you red dates tea

I got curry mee

42.5 Sen

Thanks to sifu CharlesT

Bought red dates already, make tea for him to kamsia

I sold also sold half lah

Everyday CharlesT bombard me, I almost nervous breakdown

Cannot take it anymore

wait... jaks also owns associate stake in IPP.

then that is similar as MBM, right ?

LOL

(lets see how qqq3 argue back)

I am going out to buy a kg of red dates

make tea for sifu CharlesT

forget about FA, TA, Business Sense investing

now is CharlesT Six Sense Investing

I hope you are right qqq3 ! I wish Jaks pay out handsome dividend also

oh my god 50 sen !!!!

Part 2