Posted by qqq3 > Jan 26, 2019 12:42 PM | Report Abuse
raid...if your ambition is to be a rubbish collector, so be it.....I don't think it works......throw a dart can easily get some rubbish, with Insas like qualities, in Bursa nowadays........

Insas is thousand times better than Jaks and Sendai which have been promoted by you for the last couple of years, and nothing else.

If Insas is rubbish, your Jaks and Sendai is like Kowsai.

Posted by Alex™ > Jan 26, 2019 12:06 PM | Report Abuse
what do you think of the fact that most active fund managers perform worse than a passive index-tracking fund? Is it applicable to Malaysia?

This is why,

https://klse.i3investor.com/blogs/kcchongnz/171080.jsp

It is well-known and applies everywhere in the world.

quack quack quack, everyday quack quack quack

Quack quack quack.

Loads of rubbish.

Posted by qqq3 > Jan 26, 2019 10:31 PM | Report Abuse
I propose that companies can also be valued based on Qr instead of PE.
It works...it is not popular because it calls for a lot of judgments...but it works.
what is popular with teachers is the easier PE ...what the professionals use is Qr.


Q is quack quack quack

R stands for Rubbish

Nonare Hi KC,

How to reconcile the academic vs value investing notion of risk? It seems that the common argument against the academic definition of risk is that it really defines volatility and not risk of losing money. I believe Buffett himself has wrote in his annual report in relation to this.

Me:I have the chance to be in both world, the academic as well as the practical side. In academic, I believe it is plausible that the more stocks you hold, the lower the risk. It is in sync well with the practical aspect, the old adage that don't put all your eggs in one basket. The only question is how many stocks is considered as well diversified. In my opinion, I believe in my take as expressed in the last section of my article here.


That being the case, would the diversification chart you presented above still apply? For if interpreting it from volatility perspective then the chart just says "after a certain number of stocks in your portfolio, you will manage to reduce to market volatility". Nothing about risk of the portfolio as defined by Buffett ("chance of losing money").

Me: Portfolio diversification only reduces or eliminate Idiosyncratic risk, risks specifically related to the company or industry. It can't do away the systematic risk, or risk related to the overall market. Hence, there is still risk of losing money.

Furthermore, even if you are willing to accept the academic notion of volatility as risk, reducing the portfolio to "market risk" may not mean lower risk in absolute term. E.g. if the market at a certain point in time has 80% chance of losing money then a fully diversified portfolio still has 80% chance of losing money. That 80% is non-diversifiable.

Me: as discussed above, the systematic risk is still present, and diversification can't eliminate that.

Posted by paperplane > Jan 19, 2019 08:12 PM | Report Abuse
Seriously, kc. Dont need to share. Your buy call on perstim looks suck

I published my portfolio published in i3investor for 2019 was with the aim of not only sharing the stocks, but also the analysis of them to give some guidance to others on value investing. You are not forced to view it, but if you wish to comment on it, I am happy to see your constructive criticisms, rather than a sweeping statement.

But why is that they are so many people, close to hundred of them sharing their portfolio, including one below by the same name of paperplane, with 56% loss in one year, and you chose to pick on me?

https://klse.i3investor.com/servlets/pfs/99613.jsp

For clearing the air, Perstima's investment thesis of mine was shared in the link below with detail analysis,

https://klse.i3investor.com/blogs/kcchongnz/85379.jsp

It was trading at RM4.93 on that day on 30th October 2015. I discussed about its financial performance and even shared a dividend discount model on it. I believe those were very useful discussions. Its share price went above RM8.00 in less than 2 years in mid 2017, for a 62% gain. However, its share price retreated after that due to sudden jump in raw material price and hence eroding its margin. One would have sold it at RM7.00+ seeing that coming as evidenced in a quarterly result.

Value investing is a long-term endeavor, buy value stock when it is cheap and sell it when overvalued, but it doesn't mean you must hold a particular stock long term.

It closed at RM4.96 today. with 90 sen dividend received since then, even one holds it until now, he still make 20%.

So what is the problem?

Posted by hollandking > Jan 25, 2019 07:06 PM | Report Abuse
90% of retailers are gambler, u agree?


90% of retail investors are gamblers, and out of that 90% loses money in the stock market.

Hence if one wishes to be the exceptional, who are able to obtain satisfactory results, he has to stand away from the crowd, to be a long-term smart investor, following some proven successful investment process.

Posted by qqq3 > Jan 24, 2019 09:05 PM | Report Abuse
some have called it the killer instinct.....u have it or u don't.....


All this while, we just hear empty talk, good for nothing. I have never seen him able to exhibit any of that stuff.

For some whom claimed to have this "killer instinct", unfortunately, I have seen mostly instead of killing others, were killed. Both are not good things to happen.

"The ringgit is projected to strengthen to 4.0039 against the US dollar by the end 2019"

It is often hard to get the direction of foreign exchange right in this type of macro prediction where there are numerous factors involved. Those who got it right in direction as well as within 5% error would be considered good already.

For a prediction above with 4 decimal places and within 0.4%, you know it is rubbish.

Posted by 10154899906070843 > Jan 25, 2019 10:15 AM | Report Abuse
I have just finished reading through 30% of kcchongz blogs. Very interesting reading. To be honest I am very glad to finally have the guts to start posting on i3 investor after being an invisible reader for the last 5 years.
All the comments and replies from everyone has led me to more investing knowledge and learning.
I had thought that I should get 5 years of stock portfolio performance from my 4 stocks before starting to comment on i3. Knowing what I do now and what happened, I probably should have started earlier.


Many good contributors to i3investors for the benefit of the newbies and public, without self-interest have left i3 due to many abuses and personal attacks. That left with not many genuine people who wish to share knowledge here.

Please contribute here. You present fresh and useful sharing here which will definitely benefit many people here.

Posted by qqq3 > Jan 24, 2019 11:33 AM | Report Abuse
back in 20018, every young graduate come here to rpomote his favorite share based on PE, NTA, cash in bank, Balance Sheet dissected.....where are they today? Gone already....
3 iii and Long brings some thing else to the table....Some thing the doctor ordered for everybody....."only the best" will do....With the attitude that 99% of the stocks are rubbish, you are already a winner. Next is actually buy some stocks....forget value here, value there.....u cannot do it better than the market.......


Back in 2018, with the attitude that 99% of the stocks are rubbish, qqq3 has wisely chosen remaining two stocks in Bursa which of course he thought were the only two not rubbish and the best, and shouting sailang, margin, business sense, panic moment, dynamite investing for the whole year.

He only knew about price, but nothing about value.

So what was the consequence? All newbies were cheated of their hard earned money, and he said he made killings again and again.

What does that mean?

Posted by qqq3 > Jan 23, 2019 11:44 PM | Report Abuse
, even i3 OTB has never bought a single share that does not eventually collapse......and that is the classical definition of greater fool theory. What value investing u talking about? Value investing does not work. Period.

Have you ever provided any evidence that value investing doesn't work? Just because value investing also lose money last year, you conclude that it doesn't work?

How did you mange to become an "accountant"?

You OTB here OTB there even though he never even respond to your personal attack for months already.

In the last couple of years, you talked about nothing else except sailang and margin jaks and Sendai, panic moment, dynamic investing and all those nonsense.

You brag about buying this stock and then them for a couple of sen profit a few days later, and encouraged people to buy high and aimed for higher price to sell. Wasn't that the greater fool theory.

How Jaks and Sendai collapsed from RM1.80+ and RM1.40+ to only 50-60sen. You better than OTB? Common, give me a break!

Posted by Alex™ > Jan 24, 2019 08:49 AM | Report Abuse
Hmm... I don't know. The financial community used to call it the bogle's folly. Today maybe still, a folly. How to huat with index fund?


I used to opine that index funds were suitable for those who have not much knowledge in investing but still prefer investing in the equity market.

However, with its growth and domination by just a few stocks which prices have gone up way above their perceived value, I change my opinion. It boils down again, to price versus value. Yes value investing.

Better to look for good stories cum with good values. If you can't do that (you can but most can't), get someone to do that for you.

Good morning icon. Sprang my shoulder last night and can't play golf this morning. Just have some fun here.

Posted by qqq3 > Jan 23, 2019 11:11 PM | Report Abuse
to find those little anomalies....more likely for the freshies, they can find an endless supply of China hustles, Insas, rubbish companies, rubbish CEOs, small and mid caps in various stages of pump and dump, even i3 OTB has never bought a single share that does not eventually collapse......


I think those "freshies" are much better than you in the stock market. They won't buy those stocks with the characteristics of the companies and their CEOs as described above.

Think about Jaks and Sendai which have been described by you as having business sense, great CEOs, and you have been the greatest promoter for them in the last couple of years, with your panic moment, dynamite investing, sailang and margin finance to the public and newbies in i3investor, and nothing else except recently when you abandoned the hands which feed you.

Yes, you talked nothing else except margin and sailang on Jaks and Sendai the last two years, enticing the public to buy your "pumped and dumped" stocks, these two.

I thought this was a very good comment. Hope commentator doesn't mind I re-post it here.

lizi
for ordinary people, should go for diversify portfolio....collect a basket of good stocks, hope one or two of them turn out as inari or myeg or QL or public bank....not everyone is warren buffeet....u think those uncle who hold public bank until now, they knew in advance public bank will be public bank as today the moment they brought n years ago? don't think so....

When asked how he could achieve 50% a year with small sums, Warren Buffett said,

“You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.”

I teach those interested in learning how to read, interpret and analyse financial statements and some valuation techniques. They are my passion now. I enjoy it. As I have said, this knowledge is utmost important to avoid the pitfalls in investing and getting better return over the long term from investing in the stock market.

Yes, I do charge a nominal fee, for the effort I put in.

Why do people against charging fee for acquiring something very useful in their personal finance and investing? Are those charging some fee for doing some work thieves, and robbers.

The above is purely for the purpose of propagating value investing, which I believe very strongly is the way to go for most people. I have never boasted how rich I am.

Value investing, if you really care to sit down, read about them, have deep thought about them, is very plausible, logical.

Investing, I mean really investing, one has to understand the business as investing in a stock is akin to invest in part of a business, and that must be through understand some simple accounting in understanding the financial reports, and some simple valuations, besides the story part of it. No other better way.

There is nothing about complex maths and logarithms and Greeks. Do you find me using any of them?

Posted by Flintstones > Jan 20, 2019 09:34 PM | Report Abuse
KC, didnt your value investing picks work only for the period of 2013-2016? I remember ever since the market's tide become higher, you have a harder time finding winners.


Those were my published portfolios in i3investor. They worked very well from 2013 to 2017.

Since 2016, I never share any more stock pick in i3investor any more.

I do have my stock pick services which were private. They worked very well too in 2016 and 2017.

During the good time in 2016 and 2017, the portfolios returned many times more than those of the broad market.

In 2018, my stocks did not do well. But how many investors did well in 2018? The stock pick competition in i3investor is a good guide.

Nevertheless, the portfolio of 8 stocks I picked for 2018 as at today has turned positive now.

I have written a number of articles published in i3investor describing the above.

You started to criticize vigorously as soon as you see kcchongnz's name there, without even reading them.

Posted by qqq3 > Jan 19, 2019 06:08 PM | Report Abuse
Malaysian analysts...value here, value there, tp here, tp there....they , collectively make money or not last year?
kc?

Aren't you showing more about your naivety in investing?

Which investing strategy makes money all the time, all the years, even in a bad year in 2018?

I know, I know, you will say you have made money. Okay lah just take your words you made money last year. But how much can you make by buying at 50 sen and sell at 51 sen, and repeat?

Have you ever wonder at this age of 60+ and after retirement, you have just a pittance left for investing, but a loud mouth in talking?

Posted by soojinhou > Jan 19, 2019 10:50 AM | Report Abuse
And qqq3, you are a waste of oxygen for the amount of spam you left in i3. Not only you spew nonsense, you spew so much of it it makes it difficult to sift through real content. The i3 community is worse off for the amount of digital waste created by you.


SSLEE
Please read with your both eyes open wide-wide “You –Know –Who” blogs and thousand and thousand of comments: Sailang, Margin Finance, X factor, Dynamic investment, flexibility, PLP king, envy of OTB and KCChong success and trolling OTB and KC with all sort of low blows, inflammatory and digressive, extraneous and often off-topic slanders to try to impressed and pleased his ex-master KYY. Now everyone knew he is just a chicken trader. Tell me how to be as rich as KYY and drive a Rolls-Royce if he admitted now his investing strategy is PLP super-investor and hope to receive some crumb from super-investor. LOL

Have you heard “You-Know-Who” acknowledge his mistake and make apology for promoting day and night non-stop with sailang and margin finance in JAKS and SENDAI? He is still behaves as he had done no wrong and his shameless behavior is second to none and can even outgunned our shameless MO1 to shame and still has the gut to boast about it and talk cock in i3.
Posted by qqq3 > Nov 2, 2018 01:43 AM | Report Abuse
kc u fail to understand, Jaks and Sendai are the 2 counters I made the most money...and why not? when I know the chong ker.....and I have the killer instinct..........

Tan KW,

This i3investor stock pick competition has become a nest for trolls to attack individuals.

I was thinking of carrying out analysis and comprehensive reports to share here. But that would attract more personal attacks. So forget about it.

Shouldn't have put in my stock picks to share in the first place.

Posted by qqq3 > Jan 19, 2019 05:11 PM | Report Abuse
I remember in 2017, when asked, KC recommends people to sell Vitrox at $ 3 after the surge from $2 to $ 3..( all adjusted prices)
===========
kc...one day , someone who also read that will come and support me.....then how?


You see you are damn shallow in your investing. What is your point here? Just to tell that I asked people to sell at RM3.00 and now is RM5.00? What use is this? What benefit is there? That you have a good prediction of the future in share price? But what use is that? You behave just like a 3 year old boy. I can't believe that there are still a couple of people, seemingly good in investing ones, still believe you have something. OMG!

But this is a serious credibility issue here for you. How can you be so stupid until like that. Just search in i3investor.


"You made a fake statement like that, all the time, isn’t it fair that you must look through all my articles, 350 of them, and all my comments, 14,130 of them, and find a statement that I have recommended to sell Vitrox, or any share for that matter? If you don’t do that, and can’t find that, what shall I call you? A serial liar and that you have been telling lies all the time in i3investor?

Isn’t that shameful for a 60+ year old retired “accountant” to tell lies without blinking your eyes?

Posted by qqq3 > Jan 19, 2019 11:27 AM | Report Abuse
kc....I don't know whether u forgot or not....and I don't care. I know I did not make a mistake.

So still haven't found my statement above. Just by saying you remember, or you did not make mistake, and then expect people to believe you? With your known character as expounded below, you think people believe in you?


SSLee,
What I most against is people using deceive and pump and dump like “You-Know-Who” where JAKS and SENDAI were promoted by him with "sailang" and margin finance non-stop day and night which had trapped many investors chasing the shares to RM1.80+ and lost a fortune, but he himself made a "killing", again and again, and still has the gut to boast about it and talk cock in i3.

Posted by qqq3 > Nov 2, 2018 01:43 AM | Report Abuse
kc u fail to understand, Jaks and Sendai are the 2 counters I made the most money...and why not? when I know the chong ker.....and I have the killer instinct..........

Posted by qqq3 > Jan 19, 2019 10:29 AM | Report Abuse
Truth be told, Philips did not come to i3 to promote QL per se....U think he need your support to push up the share meh? Its a $ 10 billion company.
He came here because he got some thing to share. His own experience as a long term investor, his philosophy and his style, including some history and evolution.
I like it very much, so much I even referenced his discussions in QL forum to attract readers there. I think it is very refreshing, very intellectual and very good with a very high standard.


I fully agree with the above statement. No issue about it. Besides he also shared good stuff like

*Buy good companies, not rubbish like Jaks and Sendai which have been promoted heavily with sailang and margin, panic investing, dynamite investing.
*Understand very well the company you invest in.
*Beware of buying stocks touted by pumped and dumped syndicates and rich individuals in the internet
*Nobody is so kind to help you to make money by telling you what stocks to buy after he has bought loads of them.
*Hold good companies for long term, rather than self-claimed "super trader" who claimed he bought a stock at 1.00 and sold and made 5 sen a week later, and hope to be a multi-hundred millionaire just like that.
*Appreciate good management, rather than those management like those in Jaks and Sendai which you have been heavily promoting.

Despite your heavy PLP, and persistently criticizing others, do you have any substance which is even close to the above?

This doesn't mean I agree with him in everything else. In fact, we have many diverse views in investing.

Yes, he doesn't have to promote the share QL, and he doesn't in my opinion, no need for him.

I think someone else just to hope to make some crumbs here by heavily promoting it, but without any substance.

Posted by qqq3 > Jan 19, 2019 10:13 AM | Report Abuse
You made a fake statement like that
=============
no, I didn't make a fake statement. I remember that clearly because I just bought days before someone asked u.( casually)


You made accusation, telling lies all the time, but conveniently said you "remember"? Is that the best you can do to prove that you are right and not telling lies as an "intelligent" person that you have claimed yourself to be? OMG!

You made the accusation. Isn’t it fair that you must look through all my articles, 350 of them, and all my comments, 14,130 of them, and find a statement that I have recommended to sell Vitrox, or any share for that matter? If you don’t do that, and can’t find that, what shall I call you? A serial liar and that you have been telling lies all the time in i3investor?

Isn’t that shameful for a 60+ year old retired “accountant” to tell lies without blinking your eyes?

Posted by qqq3 > Jan 13, 2019 02:05 AM | Report Abuse
kc...this ss really cocky isn't he?
From every post he makes we know he is a beginner, from every post long number make, we know he is an old hand.....what makes a beginner like ss so cocky? Good question.......


SSLee is clearly a humble guy because of his background from a Chinese school in his early age. Most of us who have some Chinese education background are like that. His articles and comments also reflect that.

I do think SSLee is not the most savvy investor here, but he is no beginner. Look at all the hard facts and figures he provided for Insas,although I don't agree all, instead of all the emptiness and bullshit by you.

If SSLee write very bad comment about you, you should look at the mirror and ponder about why.

In my sincere opinion, the one with tens of thousand comments, spiking every writer in i3, but PLP just a couple to the sky, is the cockiest one in i3investor.

Posted by qqq3 > Jan 11, 2019 11:04 AM | Report Abuse
sslee
u are just a beginner trying to show off.....sell a PE 50 stock to buy a value trap , has been for years....
too shallow.......


Person with the multiple nicks qqq3, desa, stockmanny, Brightsmart etc has had many posts and a few tens thousands of comments in i3investor. None can match him even close.

SSLee has less than a thousand comments and a few posts.

However, SSLee is invited for the talk in i3investor this March. I did not hear that man with multiple nicks is invited to give a talk in i3investor in March.

That says something about who is better, hasn't it?

A person who is loud and carrying personal attacks on everyone else, and PLP a couple, doesn't mean he is good.

Posted by qqq3 > Jan 10, 2019 10:12 PM | Report Abuse
kc
long number spend the last 20 years sailang on 2 or 3 stocks.....no harm happened to him......

That was because he bought good quality stocks. You can only PLP but knows nothing about what quality is.

But you shouted for the last one year plus on sailang and margin on two rubbish stocks of Jaks and Sendai, all gone to rubbish dump already in just a few months.

You have made so many innocent people losing huge amount of money. Still keep talking nonsense every minute here.

Posted by 10154899906070843 > Jan 10, 2019 12:25 PM | Report Abuse
I stopped listening when - started comparing business prospects of companies like QL with crooks like Sendai, lion, dufu, and Jaks.

Posted by qqq3 > Jan 10, 2019 08:56 PM | Report Abuse
rubbish company for rubbish collectors....

triple q, I am sure you fully agree with your new idol on his statement above.

A rubbish talker promoted furiously on Jaks and Sendai when they were selling at RM1.80+, and RM1.40+ respectively. He wrote a number o articles and hundreds of comments using various nick names then to entice the public and the naive people in i3investor to sailang and use margin to collect those rubbish.

As a result, many lost a fortune.

Don't ever listen to rubbish talker.

Posted by tm9999 > Jan 6, 2019 11:06 PM | Report Abuse
Kc, will u chase hibiscus tomoro?

You may make money doing so, and may not. Most importantly, don't be too greedy.

Here is a good guide,

Posted by Goh Kim Hock > Jan 6, 2019 08:30 PM | Report Abuse
same old modus operandi. lol. 被騙第一次是純真，第二次是無知，第三次就是愚蠢

Posted by Sslee > Jan 7, 2019 08:56 AM | Report Abuse
Dear KCChong ,
Just for the record from my previous post:
Sep 8, 2018 06:45 AM | Report Abuse
Dear KCChong,
I did bought Jaks but after attended JAKS AGM in 2017. I have doubt on CEO Mr. Ang ability thus sold all the share and never look back.
Thank you
Sep 7, 2018 06:12 PM | Report Abuse
Dear ks55,
I did not invest in sendai as I agreed with KCChong that the risk is too high and not suitable for ordinally investor. Now my biggest holding is in INSAS and TAE.
Tq


You are definitely more skillful, savvy and smarter than the above fellow and many others in investing.

Not the slightest doubt about it.

So you are saying you got sick you go see doctor and he charges you a fee and he is shameless?

You get an accountant to prepare to do your tax return and he charges you a fee he is shameless?

Your son works as an analysis in a company and the company charges a fee for a valuation report is shameless?

Everyone who earns a living by charging a fee is shameless?

I will tell you what is shameless as described aptly by SSLee as below,


[Dear fake accountant qqq3,
I am very mean and cruel to you in order to be kind to all the i3 community by exposing you for what you are. You are a fake accountant, a fraudster, a backstabber, a bootlicker, an ass-kisser, a shameless manipulator and good for nothing low life parasite feeding newbie and even super-investor Mr. Koon with manipulated information for you owe self benefit.]

Posted by qqq3 > Jan 6, 2019 11:21 PM | Report Abuse
kc. shameless not me, it's u.... I just post, never asked for money

Why am I shameless?

Did I cheat the newbies and public by asking them to sailang and margin on Jaks and Sendai and as a result profited from them by selling to them high like you did?

Did I lick anyone boot and PLP so shamelessly like you have been doing, someone with no dignity at all, all these years?

Do I cheat anyone's money?

Have I robbed anyone?

Did I steal any money?

Posted by qqq3 > Jan 6, 2019 10:49 PM | Report Abuse
kcchongnz > Jan 6, 2019 10:46 PM | Report Abuse
If I were you, I would be so shameful now and looking for holes in the ground to hide,
========
no need....people who buy and sell Jaks and Sendai should know what they are doing...if not, none of my business.

Wow, I really salute you. i have never met someone so shameless, thick skin, man without morality, consciousness, and humility.

Posted by qqq3 > Jan 6, 2019 10:44 PM | Report Abuse
Jaks, Sendai...these two shares depended on one person's buying and selling the last 1-2 years.....nothing to do with your value here value there.......

Over the last 3 years, you have been shouting panic moment, dynamite investing, pong lang pa investing etc, and sailang and margin two particular stocks. They were non other than Jaks and Sendai.

Their share prices have dropped from RM1.80+ and RM1.30+ to just about 50 to 60 sen now.

If I were you, I would be so shameful now and looking for holes in the ground to hide, instead of continue trolling here.

Posted by qqq3 > Jan 6, 2019 10:37 PM | Report Abuse
really meh? U mean u actually bought a share of a good company?
how did u justify that to your students? Valuations of good companies is beyond what u normally willing to pay.....all your value here value there then how?


You mean your English is so poor that you can't even understand simple English?

They were all good companies, measured by certain metrics as explained, and they were selling at cheap prices as explained in my detail analysis and valuations.

Yes, I have bought, and sold all of them.

You see, I don't just talk cock like you, buy this and sell that all what price. I provided the portfolio of stocks published in i3investor, and detail analysis, valuation and comprehensive reports.

Posted by qqq3 > Jan 6, 2019 10:18 PM | Report Abuse
kc
when was the last time u bought a share of a really good company? I mean the share of a company u can be proud of?


In this article, if you have read through and look for all the evidences I have provided, you will find I have invested in many good companies over the last 6 years and have earned good returns. They are verifiable records, all published in i3investor.

It is unlike you. Over the last 3 years, you have been shouting panic moment, dynamite investing, pong lang pa investing etc, and sailang and margin two particular stocks. They were non other than Jaks and Sendai.

Their share prices have dropped from RM1.80+ and RM1.30+ to just about 50 to 60 sen now.

If I were you, I would be so shameful now and looking for holes in the ground to hide, instead of continue trolling here.

Posted by PotentialGhost > Jan 2, 2019 09:19 AM | Report Abuse
Kc you just post all your traking record la , if you are honest I will open live to cut my big bird, but who know you honest or not? Kc you no attack people meh? You turn one rounds to attack people only , attack a 80yearold old man, walao scary you know? and my friend after reading all your article and comment now he borrow money from me to eat nasi lemak everyday.


If I post my "traking" record, you cut your "big bird"?

Why should I post my "traking" record? For what? I have never boasted how rich am I, how much shares I own, how much I made in stocks. So for what?

If I post my "traking" record, you cut your "bird"? So if I get all my "traking" record, verified by lawyer, then you cut your "bird"? Sure or not? But for what? Why would you want to become a man without "bird"?

I attacked people? Which article of mine mentioned names, or were they sharing about investment philosophies, methods, whether they work or not work? How much money they would have saved from losing if they just pay attention to my sharing, say on Jaks and Sendai? So wasn't it smart to ponder and think about what my opinions were, rather then thinking that I attacked them, and because of high ego, bought more and ended up in the present predicament?

Your friend got to borrow money from you to eat nasi lemak after reading my articles, and comments? Why? How come it involves me?

There is no God in investment. Nobody can be right all the time. Even the analysis may be correct at certain time, price may have gone up too much. There may be changes in macro and micro levels etc. etc. The investment scenario changes, it has changed very fast in recent years. Some are luckier than others.

Posted by PotentialGhost > Jan 1, 2019 12:54 PM | Report Abuse
When price stay at peak KC say is still holding ,when price faLL to deep KC say he sell already. That why I say KC is Malaysia charlie munger not US charlie munger


Take my advice. Change your name to a better one. Because the behaviour of you, the thing you say tend to be reflected in your name; spewing venom, personal attacks, lies and untruths.

Which part of the article or comment here did I say I bought what share at what price and sold what share at what price?

I started writing articles in i3investor more than 6 years ago. So far I have written 349 articles, with 14069 comments. I believe my sharing has benefited many readers, of course you not included.

Now tell me, which article, or comment I made, in my 349 articles and 14069 comments, that says I bought what share at what price, and sell what share at what price?

By the way, is the following still a deal?



Posted by PotentialGhost > Oct 24, 2018 08:44 PM | Report Abuse
I believe you I cut my bird ,if you dare show your real statement la o0o

Posted by Connie555 > Dec 31, 2018 11:23 AM | Report Abuse
Kc u still hv high respect from me, and i know all ur articles hv only one goal, which is to educate people so that they dont lose money in klse and i hv to admit that even me myself also benefited alot from you. just that today i come out with such comments is because at timing like this everybody might lose money, and particularly this 2 share for which the share price plunged alot might even trigger some of the feeling of those who lost money in it. Maybe educational article is more suitable to post when all the dust has settled down.
Tmr new year already, i rest my case here, tired to argue haha.
My apology if my comments offended you, and i wish everyone here included KC and ur family a Happy New Year.

Glad you understand my intention in sharing of articles here.

Happy new year to you and your family too.

Posted by cheoky > Jan 1, 2019 01:35 AM | Report Abuse
Please start talk about your own pitfall in lemon stocks like plenitude, tguan etc or share why you buy Skp resources. Don't give textbook copied pitfalls. Give your experienced pitfall better. Then you becomes respected rank as icon.


But I share things according to what I like to do, and not what others demand me to do. These sharing on the pitfalls copied from no way. Each and every word is all from my fingers.

Again "respect" is not what I was looking for when I do the sharing.

I did share my analysis on Plenitude, Thong Guan and SKPR. That was because I was happy at those time to share my thoughts.

Their share price may have dropped in 2018 but they aren't lemons according to my criteria as expressed in this article.

In any case, what is the percentage of stocks in Bursa which their share prices haven't dropped in 2018?

Posted by 4444 > Jan 1, 2019 01:54 AM | Report Abuse
Coastal, Dsonic, PresBhd did well in 2018?

This article attempts to educate those who are interested here, on how to avoid big losses investing in stocks.

Each time I spent my time sharing, you will try to find a few stocks, out of hundred of them, which I shared my analysis in i3investor years ago, and ridicule me when they don't do well a few years later.

Tell me what have I offended you by sharing some analysis of stocks, free of charge in i3investor?

My pick on Datasonic was in August 2013 for 2014, not for 5 years later in 2018. Soon after that the share price shot up by 870% in 7 months from the adjusted price of 24 sen to RM2.33 on 2nd April 2014. When I came back from New Zealand then, a new friend gave me a dinner in Oversea Restaurant in PJ, because he made millions investing in Datasonic after reading my analysis.

My pick on Prestariang was in mid 2013 when it was trading at an adjusted price of about 50 sen. Prestariang’s share price shot up suddenly to RM2.30 within a year for a gain of 360%.

Why would you hold the stocks when their share prices have gone up so fast and way above their intrinsic values, when there are other new opportunities?

My pick on Coastal in 2015 was a wrong decision as crude oil price continued to fall. But tell me, who in the world has got his picks right every time?

My selections,

Comfort 20%
FPI 20%
Globtronics 20%
MagniTech 10%
SAM 10%
SCGM 10%
SKPR 10%

Posted by paperplane > Dec 31, 2018 02:00 AM | Report Abuse
But kc, u typical马后炮also lah! If jaks pull it off,u also diam diam. Come-on,be a man. No point personal attack anyone right


Personal attack?

In all my articles I shared, I have never mentioned names. They are all about subjects, philosophies, methodologies, issues etc. The stocks chosen may be related to some personality, but that was because so happened that those stocks were related to the subjects I am discussing about.

In this article, I reminded readers that there is no Holy Grail in investing, including the "business sense" coined in i3investor, with substantiated arguments, facts and figures. So be careful, do not blindly follow it and top it up with margin finance.

So why do you have to view it as personal attack?

In this new Malaysia, do we still carry on to be politically correct, anything we discuss must not be related to certain personality?

When will we ever learn?

Posted by paperplane > Dec 31, 2018 02:06 AM | Report Abuse
Kc ,if method doesn't work all the time also. Look at your perstima! U said worth how much then??? Look at it now??If want 马后炮tons on u also


You are right also. But that is what I have been saying all the time, even in this article, I also said a few times no method works all the time. Didn't you read that?

I shared a very interesting investing strategy when I wrote about Perstima, the Cold Eye five yardsticks here,

https://klse.i3investor.com/blogs/kcchongnz/85405.jsp

Again it was purely for sharing purpose, a lot of effort from me and free of change to everyone. I did not ask anyone one to buy also.

Perstima's share price was about RM5.00 then. it went up above RM8.00. With the great dividend, anyone followed my analysis and bought it would have made very decent profit.

Later the cost of material went up and its profit fell sharply.

Again value investing is not about buy and hold for ever. Share price could overshoot its value. Macro and micro change. You may have better opportunities.

Anyone thanked me when he makes money? NO!

Anyone scorns me when the price now is RM4.66? Plenty, including you whom you have harped on it a few times already.

But again, whether if yu make money or loss money is not my responsibilities.

Connie555, It does appear that you have read most of my sharing in i3investor from some years ago. Thank you very much.

All my sharing in i3investor in stocks were purely for sharing purpose. There was never any enticement for you to buy, or sell.

If you have followed my stocks analysis, you would noticed that most of them, I would say more than 80%, their share price went up substantially after that. I am very sure if you just blindly bought them, you would have satisfactory results, even at today's prices.

But value investing is not about buy and hold. If the share price has gone up substantially, and above their intrinsic value, and if there is a structural change in the companies, or some relevant macro factors, you sell to take profit or cut loss, and look for other opportunities.

If you do the above, and had followed my stocks, you would have made very good return.

But helping you or anyone else to make money is not my responsibility. I am not your fund manager and you don't pay me.

And in investing, nobody, absolutely nobody is right in every stock he picks.

I wrote about Coastal Engineering as you have purposely chosen that in your comment (instead of many others), and mentioned it was a good investment (and also did not ask you to buy), but it turned out I was dead wrong. What did I do?

I read a critical comment from a reader about the serious drop of oil price which would affect the business of Coastal. Did I condemn him because he offered a completely different view from mine?

No, I thank him and immediately sold off my Coastal and saved a lot of money. I always appreciate opposing views, when they come with some facts.

My sharing on opposing view on VS is also purely based on my analysis on the past few years and the present. I was providing an alternative view, that it might be prudent to be cautious, based on what I think after reading the heavy promotion of the use of margin finance on it. I do not think I asked anyone to sell. For this, I received all kinds of name calling. Yes, VS share price continued to go up, and I was wrong in the future of VS then.

But don't you also read many of my other sharing of other stocks which I thought were highly risky as investments, and 90% of them turned out true? That if you had those stocks and sold them based on my analysis you would have saved a lot of money?

Posted by qqq3 > Dec 31, 2018 12:24 AM | Report Abuse
kcchongnz > Dec 31, 2018 12:20 AM | Report Abuse
And the outcome of hoping to make a quickie out of that "business sense" has been shown, loud and clear.
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its about character, habit and practise....u have never shown u have the character, habit and practise of looking at strategic issues like that long number guy in QL forum


"character, habit and practise"? Wtf is that in relation to the issue here?

Can you elaborate ah?

Can you explain why you have it and others do not have?