been depreciated to 4.44 against usd still doesnt consider crashing? What are their definition of crashing?

problem is our government are not being realistic, they always say current myr are not reflecting its true value and fundamental. So how? wait lo, until one day the value reflect lo, maybe another 10 years la lol

@icon8888

the title namely "Investar AKA Kueh Shu Tsung has found dead (2)"
and the contents are all about what KYY has done to Mr Simon Kueh. What do you think the message trying to bring out by the author/somebody else? For what you concern should be discussed separately instead. That's it for my last comment on this post. This is going way too far for me

and if this is the case of pure speculation, you guys are not doing any better. Shameful

i do not deny posting somebody IC publicly is definitely causing threat, but to say his death is related to kyy is purely speculation for me. However, since like everybody is saying so, i would like to know if i miss out something here?

lol i think you have diverse the topic already. Nevertheless i am just giving out my sincere opinion only,other than that i rest my case.

@insulter

Since you are making recommendations on stock, i am just saying what i think after reading your article. For me simply look at the past year chart and saying those counters will be benefited is providing no information. Instead, maybe you can write in what way those stocks will be benefited?

(1)"Next , do you all realize the budget 2017 is coming?

So what is my food next?? of course is GLC(Government Linked Company) ! Instead of picking the stock which is not belong to the UMNO , I am looking for their crony company UEMS,DSONIC,FGV for the moment. Why these caught my eyes, since the government announce the budget, what do you think who will benefit most? of course is their UMNO own BAPA punya company.

I am not like some investor talk without any reference. Please looking this"


(2)"So the every year is same before the budget coming. Especially look back on the friday volume, the FGV,UEMS, DSONIC, and others GLC volume is duper high, in this case, what you can smell from it?? Volume is the everything. Lets just ride the wind!"


Indeed you talk with reference, but in fact it is just your assumption and wild guess only. You should talk with more solid proof. Just my recommendation

Whether it is good or bad isn't really a topic to discuss, investor should spend more times on other more valuable matters than this.

in fact i do not agree with this method, i believe one must understand the stock by themselves to make the buy decision. eg: two person bought same stock at the same time with same price, might have two different result. Picking stock to buy is one stage, knowing when to sell is another case, in which i do not think you can do it well by following others.

@probability

Excuse me sir, first you say (1)".if KYY does not have the ability to correctly predict the future earnings growth of a particular stock...from his access to the business nature and owners..please stay away from recommendations. "

after my replied on you, you said (2) "and please dont come and argue like this ipomember below... if someone has the rights to recommend...people have the rights to condemn",

further on (3) " but i have the rights to express my opinions (irrespective of its validity/correctness)."

Do you have any idea of what you are saying? My reply on you is simple, why don't you tell me which "sifus" on I3, or on this earth have the ability to correctly predicting the future earning growth for a company, and thus are eligible to give recommendation? lol. So now you are the boss la, you can say whatever you want la irrespective of its validity or correctness, but people have to stay away from recommendation if they cannot get straight right la? It is somehow contradict bro.

Posted by probability > Oct 7, 2016 05:54 PM | Report Abuse


my opinion is only this ...if KYY does not have the ability to correctly predict the future earnings growth of a particular stock...from his access to the business nature and owners..please stay away from recommendations.


Are you imply that those research house should close their door as well even though they are eligible to do so under the laws? I believe everyone is free to write whatever they wanted to after their due diligence, besides that most of the writer/researcher has put up their disclaimer to warn the reader isn't it? Pointing finger on others is always easy.

nobody has the obligation to tell you or teach you something, you should held responsibility on yourself. You can try to criticize his method of investment with substantial, but never on his purpose of sharing/contribution. Afterall who are we to judge on people's intention? Unless you can read people mind la then i rest my case.

as per latest shareholding interest, what are EPF stakes in this counter? anyone?

@Goldeneggs

Show us what your analysis covers, if it is the same as everyone else, there is no point for us to look into it, not to mention purchase. No offence, it is just that free information is everywhere now. Thanks

a live example of current MO1 in corporate world? this stock is definitely worthless to invest, for less of integrity management and bad governance who overlooked investor's interest.

@Angielim9955

Dear Angie i am not eligible to teach you but i am willing to share with you. Basically i do not look at the market because i buy what i know and confident with. I check every quarter result ins and outs ( maybe not thorough enough) to decide whether i would like to hold/buy/sell it. Basically i can live without looking at the market. However, i have not experience any major crisis throughout my investment path so i do not know what will i do till then. Back to the question, maybe you should ask yourself, what methods are you using, or what kind of investment philosophy are you having, in your stock investment?

as refer back to my point number one, you can see that under the income statement, the profit attributed to the company are RM10,944,000 in profit, for 4th quarter alone

@Angielim9955

I am not sifu but here is what i think:

1) We must always look beyond the figures. The net loss incurred for the 4th quarter alone is due to the impairment loss of deposits and investments. The impairment loss for deposits as you can see in the report amounted 21.7m is a consolidated figure. Meaning to say since V.S industry holds only 43.7% of VSIG, the actual impairment loss is RM 21.767 million x 43.7% = RM 9.5 million. If you take out the rest of the figure, it will no longer be a net loss quarter. Best still, if we only compare operating profit (take out one off/non recurring profits and losses), profit for 4th quarter alone has not much changes comparing to last year corresponding quarter, despite a 9.3% growth of revenue.

2)The impairment loss will be reversed once the deposits collected back?

3) Share investment is more about the future of a company than past figures(at least this is what i perceived). V.S industry has received a lot of orders from major clients, future prospect looks bright.


4) the power of media or research house? Everyone seems like focus more on V.S strong order flows than the recent effect of impairment losses?

just one 2 cents

"FYI, VS hold 43.7% in V.S. International Group Limited (“VSIG”). Despite VS hold less than 50% shareholding in VSIG, we did a full consolidated in line by line from revenue to expenses and taxation as under new accounting standard, VS control the Board of VSIG despite holding less than 50%.

Therefore, the preliminary impairment assessment of RM9.8 million to the VS Group’s earning has taken into consideration of the 43.7% shareholding.

Actual impairment RM 21.767 million x 43.7% = RM 9.5 million. Compare to initial assessment of RM9.8 million, the different only RM300k."

message from IR

@allanchong1988

Thanks bro for your information, though there is no ample explanation given haha

@allanchong1988

Maybe it is us who overlooked on some information? hahaha. Seriously i am not convinced by the report, there is no explanation from any parties..

look at what the director saying, and how the media reporting on the latest result, they are merely focusing on telling us how good V.S will be, in the coming year whereas non of them mind to clarify the big differences. Does it mean poor reporting due to bad corporate governance? lol

@allanchong1998

I am glad that at least someone concerned on this issue after i raised up so many times. Everybody else seems more interested on share price and something else. I have literally email to the IR and hoping to get a reply, if there is any lol.

"VSIG has subsequently on 31 August 2016 entered into a Settlement
Agreement with the vendor and other relevant parties for the refund of the
deposits. Under the agreement, the vendor shall refund to VSIG the deposits
paid, which amounted HKD42.5 million (approximately RM22.5 million),
together with 5% interest thereon, by 30 November 2016.
Notwithstanding the Settlement Agreement, VSIG has decided to make
provision for impairment for the deposits to reflect its prudent and conservative
approach in assessing the collectability of the deposits. Based on the effective
stake of 43.7% in VSIG by VS, the potential impact of impairment to VS
Group’s earnings is estimated at RM9.8 million. Note that this is based on
preliminary assessment by the management and has not been audited or
reviewed by the Group’s external auditors"




Question!

Why is the figure on the latest announcement for impairment losses on deposits are 21.8m instead of 9.8m?

cjlim where did u get the information

newbie, i hope u read what i just said and clarify it if you know something. thanks

the impairment for deposits alone are rm21m plus.

back to the annoucement of profit warming :
"Notwithstanding the Settlement Agreement, VSIG has decided to make
provision for impairment for the deposits to reflect its prudent and conservative
approach in assessing the collectability of the deposits. Based on the effective
stake of 43.7% in VSIG by VS, the potential impact of impairment to VS
Group’s earnings is estimated at RM9.8 million"

However in latest result announcement, the impairment losses for investment and deposits amounted around RM29M.

Maybe i misunderstood or miss out something, somebody mind to explain?

以前 Padini 是属于中上阶级的衣服

i dont think so, padini never aimed for high income people.

people discussing more on who is selling than the company itself.... like what is more important?

bonus share is not a good news, so please come something better than bonus issue, like super outstanding result. lol

pls share with us what are the economic moat owned by spritzer

As at 30th July 2016, I have purchased a diversified portfolio of 15 stocks for you as shown in the attached Excel file. Focus Lumber was cut loss and sold off after a drop of 18.5%.


wondering why cut loss? isn't it share price drop is a good things for a value investor for you and hence you should instead purchase more?

Just sharing an idea ... work or not? Can try to back-test and check.

well this is not a good idea, how do you back test it? Every scenario is different dude, dont dump your money into sea.....

sometimes aside from moving on you have to reconsider on the method where causing failure, and improve from there. Insanity is repeating the same things all over again and expecting for a different outcome. Cheers and i wish you good luck dude

lot of people always chant about how they wanna preserve their cash and wait for market collapse and it will be now or never, but most of the time they have either too late to realise the crash or they have waited too long. Same stories have been repeated again and again since how many years back and please be reminded market hasn't really crashed since 2008. So when is it going to crash? For me that is definitely not that we can predict. No doubt, it will be wise if you can sell off your position if you can foresee it to happen but like what Peter Lynch did, he actually hold on his shares through the downs and ups and still he did well. Keep guessing the impact of economic, policy changes, interest rate, geopolitical problem or etc etc is just like a sunday-worry, where you are too free and nothing to do and wake up feeling that maybe the end of world is looming and you decided to cash out from the market. Most of the time it is overthink. Moreoever, even you are so smart to predict the market crash, and seeing all the bloodbath happen all around, are you sure you will be so firm to be a contrarian that time? Be a contrarian is more than just buying when people are selling, it is more than just your bullets and courage, it is how much you understand about the company, the industry and finally you entrust your money with the management of the company and can still be steadily looking at your paper loss without knowing when it will turnaround.You have to be firm and clear on your position instead of follow the sentiments of market and the other investors. It is certainly more than just saying, i will sell off and wait for the market crash, and assuming that the fundamental of the so called good company will still be the same... So ask yourself, how much you understand about the shares you are currently holding now.

thanks cclim

pls share report thanks

both company can leverage on each other to create better synergies.

Managing Director of VSI, Datuk S.Y. Gan, said, “We are very pleased to
achieve this key milestone. The acquisition of NEP is very strategic to VSI. As
a vertically integrated EMS corporation, we have very strong and capable
R&D team. We can be an Original Design Manufacturer (“ODM”) to NEP,
offering designing expertise to help develop new products and expand their
offering. At the same time, NEP can leverage on our Group’s manufacturing
facilities in Malaysia, China and Indonesia to increase its production efficiency
and volume as it gears up to penetrate new markets. It’s a win-win situation
for both parties – we focus on our know-how in designing and manufacturing
while NEP focuses on what they do best – sales, marketing and branding
activities.”

We are living in the world of fraud, be it food, sports, financial market, society or politics.

1MDB is not victim, the only victim is the rest of Malaysian.

this Calvin tried hard to claim credibility. Would be better if you can really study the company well before you comment something like overvaluations. Best still if you can really go and check out why the sharp fall of Latitude's share price.

i am not saying it is not achievable, but definitely not in a short time after looking at the PE range of Padini over the years, current PE looks like the upper end of limit already.

with rm3 per share do you have any idea what PE padini will be based on ttm? How high expectation investors have on Padini?How much higher the PE will be compare to mean PE?

股價走勢背離同業，就屬於炒作

what kind of nonsense lol

"oday, I m 8yrs plus into markets ... traded many instruments(and failed many times!) and using many platforms. "

using many platforms mean boleh ke tak boleh?

seriously i do not think he knows. Ask him to talk more with analyst or IB person

lol stupid me i know why de. haha