Hi Mr. Ooi,

If you don't mind, may I take a look on your template .

I would like to see what will make you think a company in good fundamental.

Posted by Ooi Teik Bee > Jan 4, 2016 11:17 AM | Report Abuse

I have my own template of FA report. I also know what is margin of safety, target price base on Intrinsic value of the stock, Potential gain, EV/EBIT and others important ratio.
I copy the best from all the best sifu on FA. I believe I am equally good in FA.
I do not simply buy stock base on TA only. I use TA comes first and FA comes second strategy. All my recommended stocks are guarantee to have very good FA.
Icon8888, are I right ?
Thank you.
Ooi

http://klse.i3investor.com/servlets/pfs/54461.jsp

I don't know.

http://klse.i3investor.com/servlets/pfs/54461.jsp

Thanks Mr. Tan

Mr Tan,

I would like to participate in the stock pick.

My stock pick is

# Stock % of allocation
1. PTARAS 10%
2. FAVCO 10%
3. GADANG 5%

4. ELSOFT 5%
5. UCHITEC 5%
6. VITROX 5%

7. PADINI 5%
8. ECS 5%
9. FIAMMA 5%
10. LTKM 5%

11. SHL 10%
12. HUAYANG 10%

13. HOMERIZ 5%

14. FLBHD 5%
15. CBIP 5%

16. PRKCORP 5%

My target CAGR for my portfolio is 15% and I hope I can make it.

I am happy to achieve my target.

Mr Chong's blog - http://klse.i3investor.com/blogs/kcchongnz/blidx.jsp

Mr. Chong and my beloved course mate...

I take the initiative to create a forum

Come and say hi here - http://klse.i3investor.com/servlets/forum/902389132.jsp

kcchongnz alumni @ i3investor

say hi and join the forum if you are part of the alumni....

Merry Christmas to all...

I think we can setup a forum for kcchong students and followers....

Hi Mr. Tan,

1-Jan-2016 - 3-Jan-2016 is a holiday seasons and I think a lot of peoples will be away.

May I suggest to extend the submission 06-Jan-2016 8:00 am and this can give us time to review on our stock selection if the price change.

And, we can use the latest closing price instead of the 31-Dec-2015 closing price if we submit after 04-Jan-2016 8:00 am.

Please consider my suggestion.

Thanks!

Glad to learn there is so many classmates.....

Merry Xmas to all fellow course mates...

An investment in Mr. Chong course provide me the ever best return.

Mr. Chong, merry Christmas.

Are you coming back?

Icon, i am looking forward for the part 2.

I have to agree the equity investment have been transformed after i3investor visit bursa.

Tan KW to all who make money from the wisdom of the participant...

may i suggest you take some of your profit to make donation to charities need your help?

you can put your name or [i3investor "Stock Pick Year 2015 or 2016"]

Hi Mr. Tan,

You have my support on this.

Hi 爱丽丝 梦幻世界,

Thanks for the compliment.

Your portfolio is doing very well too.

Compare to your pick, I know I am taking some risk in my portfolio in order to get some extra return.

If you look at my 2014 pick, the profit is sligthly lower than my target. And, I decide to take some risk and let my money to work harder on 2015.

Mr. Ooi and Mr. Chong, I am looking forward for your participation on year 2016.

I think it is not compete but a chance for us to learn and share our idea.

Thanks Tan KW!

I am looking forward to participate the 2016 pick.

I support your suggestion to donate the cash prize with the winner name or [i3investor "Stock Pick Year 2016"] to a charity society that appointed by the winner.

Mr. Ooi, why not pass this message to Mr. Koon and see if he would like to accept Mr. Tan's suggestion?

Good debate on the performance tracking. I would suggest to use a portfolio tools to track it. And, i think i3 portfolio tool is very good.

Mr. Chong,

Yes. Let's move on.

I am looking forward for another good quality kcchongnz's article.

To me, your article is a "must read".

"In the world of investing, being correct about something isn't at all synonymous with being proved correct right away." - Howard Marks

"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right." - Benjamin Graham

"In the world of investing, being correct about something isn't at all synonymous with being proved correct right away." - Howard Marks

"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right."


- Benjamin Graham

Hi. Mr Chong,

Thanks.

If this is the case, I think I can remain my current equation. Because I prefer to minus it out to checkout how much is the "real" Excess Cash and what is the % of Excess Cash on the Total Asset and Market Cap.

By doing so, I only take in the Long Term Debt on TEV. Where, TEV = Market Capitalization + Long Term Debt + Minority Interest - Excess Cash – other non-operating assets

Hi Mr. Chong

I am getting the non cash CA with Current Assets-Cash.

And, what's non-cash current liabilities?

E.g. PTARAS - I need to dissect the income items based on financial note (7) and compute the pure "Operating Profit"


#financial note (7) is available at page56 of PTARAS AR 2015 (http://www.klse.my/staticFile/371065.jsp)

And, the definition of my Excess Cash is not the working capital, but Excess Cash = Total Cash – MAX(0,Current Liabilities-(Current Assets-Cash))

Mr. Chong,

I have another question.

TEV = Market Capitalization + Debt + Minority Interest - Cash – other non-operating assets

Why take the total cash instead of excess cash only?

I am using this equation - TEV = Market Capitalization + Long Term Debt + Minority Interest - Excess Cash – other non-operating assets

Hi Mr. Chong,

Some companies include the return from investment in the EBIT.

If TEV = Market Capitalization + Debt + Minority Interest - Cash – other non-operating assets

I think it might be a better idea to use the Operating Profit (we might need to dissect the income statement to get this figure) which exclude all profit from the non operating asset to get the Acquirer’s Multiple

I would suggest to make use this equation - Acquirer’s Multiple = TEV/Operating Profit

Mr. Chong,

Please reserve a copy for me too.

Thanks!

As an investor, it is very important for us to think like an businessman .

Warren Buffett said he is a better investor because he is a businessman and a better businessman because he is an investor.

Good debate.

I tend to agree with NOBY and JT Yeo.

Excess Cash = Total Cash – MAX(0,Current Liabilities-(Current Assets-Cash))

And, to me it is intuitive.

Let's hear what's Mr. Chong opinion.

Kuchai's earning & dividend

http://www.klse.my/stock/result/qr/quarter/2186.jsp#stockDetailDiv

http://www.klse.my/stock/entitlement/dividend/2186.jsp#stockDetailDiv

Patient, patient and patient

“…stocks selling below working capital and showing a fair record of earnings and dividends are likely to be ‘bargain’ issues and are likely to turn out to be unusually satisfactory purchases.” [Graham used the terms working capital and net current assets interchangeably.] To offset the potential of investing in individual stocks that turn out to be unprofitable, Graham suggested holding at least 30 stocks at a time.

http://intelligentinvestor8.blogspot.my/2014/05/valuation-graham-net-net-negative.html

Yes. I am responding to your comment.

It is an asset play. Patient, patient and patient.

Paperplan, "Be patient". It take time to unlock the value. Cold eyed's article rang the bell too - http://klse.i3investor.com/blogs/kianweiaritcles/84321.jsp

And, don't forget to enjoy the the free lunch in the investment - diversification.

Hi Angie, thanks for showing us a net net candidate.

But, why the excess cash of RM139M is higher than the cash of RM70M.

Can please confirm your calculation?

Mr. Chong, the subtitles have some mistake ~ DuPont Analysis of Pintaras Vs Kimlun.

I think it is better to use the ROIC instead of ROE as pintaras invested capital is way below the equity.

An investment in knowledge pays the best interest. I strongly agree on this quote from Benjamin Franklin.

I did benefited a lot from Mr. Chong's course.

I would recommend this course to all who want to learn the Value Investing - the most essential skills in this bursa jungle.

Buffett think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation (which is neither illegal, immoral nor - in our view - financially fattening).

Hi Alpha Investor,

This is the latest full template. I make use of different worksheet in this template when working on the analysis for the companies.

You can follow this link http://intelligentinvestor8.blogspot.my/search/label/Financial%20Statement%20Analysis%20Template and I shall publish if I update the full template.

Hi Mr. Tan,

Please help Mr. Chong to add in following dividends:-
DAIMAN - http://www.klse.my/entitlement/116598.jsp
HAIO - http://www.klse.my/entitlement/116644.jsp
HOMERIZ - http://www.klse.my/entitlement/116444.jsp
KFIMA - http://www.klse.my/entitlement/116561.jsp
MAGNI - http://www.klse.my/entitlement/116665.jsp & http://www.klse.my/entitlement/116666.jsp
MFCB - http://www.klse.my/entitlement/116584.jsp
PADINI - http://www.klse.my/entitlement/116505.jsp
PANTECH - http://www.klse.my/entitlement/116428.jsp
PRESBHD - http://www.klse.my/entitlement/116524.jsp
PTARAS - http://www.klse.my/entitlement/116648.jsp
SCIENTX - http://www.klse.my/entitlement/116663.jsp & http://www.klse.my/entitlement/116372.jsp
TASCO - http://www.klse.my/entitlement/116530.jsp

Hi Mr. Tan,

Please help me to add in following dividends:-
CHINWEL - http://www.klse.my/entitlement/116592.jsp
CSCENIC - http://www.klse.my/entitlement/116510.jsp
HOMERIZ - http://www.klse.my/entitlement/116444.jsp
PTARAS - http://www.klse.my/entitlement/116648.jsp
TGUAN-LA - http://www.klse.my/entitlement/116625.jsp

donfollowblindly, i seriously think that you have to understand what mr. Chong write instead of just buy what he mentioned in the article.

I think some blue chip with good fcf should able to provide a healthy dividend yield and capital gain if he don't intend to take more risk.


To name a few ~ gab, nestle, digi, amway, etc...

Thanks

Hi Mr. Tan,

Please help Mr. Chong to update the homeriz
- http://www.klse.my/entitlement/116359.jsp
- http://www.klse.my/entitlement/116360.jsp

Hi, Mr. Tan, please update the homeriz
- http://www.klse.my/entitlement/116359.jsp
- http://www.klse.my/entitlement/116360.jsp

The question for the debate is "Does fundamental value investing not work? " But, it is not about "FA or FA+TA+Trend+Margin work better?"

I would like to share the wisdom from few FA gurus to the i3investors. And, you should able to provide the answer for the question.

We think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation (which is neither illegal, immoral nor - in our view - financially fattening). - Warren Buffett

All intelligent investing is value investing - acquiring more than you are paying for. You must value the business in order to value the stock. - Charlie Munger

The focus of most investors differs from that of value investors. Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose. - Seth Klarman

To thrive as a value investor you have to risk being called a dummy from time to time. - Christopher H. Browne

Hi ks55,

I would say it is very difficult to achieve - "AT LEAST MAKE MONEY 9 OUT OF 10 COUNTERS YOU BUY" (at least for me). 6 or 7 should be a nice number.

How about you?