Posted by Sslee > Apr 14, 2020 5:23 PM | Report Abuse
Dear Philip,
KCChong is a great, true and passionate teacher.
A true teacher doesn’t teach you to think like him, but to think without him. (To read financial report and make your own informed decision whether the fundamentals had changed)
And also tell me what wrong with KCChong’s advices don’t listen to hot tips when you are once the victim of hot tips.
Thank you
P/S: Sifu kcchongz did not teach you to follow him blindly but teach you all the necessary tools for you to use and make your own informed decision, so please show respect.

SSLee, thank you very much for your repeated kind words, although you have never met me before. These motivate me to carry to share my passion to the public in investing.

Thank you again.

knowledge, wealth are all nothing and meaningless without those qualities.

Posted by enigmatic ¯\_(ツ)_/¯ > Apr 14, 2020 6:24 PM | Report Abuse
I also think that if one were a prudent investor, he/she would have cut loss when FLBerhad's business started deteriorating terribly in 2019, if one invests on a short term basis. If one were to hold long, the current price would not bother a long-only investor.
kcchongnz has never claimed to be a long-only investor or short-only investor. He only claims he practises value investing, mainly focusing on Joel Greenblatt style. He is more of an investing based on financial numbers person, as shown in his many articles.
It really is harsh to pick on his one stock that performed terribly from 2016-2020 when there are some other stocks that performed exceptionally like Padini in 2015-2018 which rose from RM1.50 to RM5.00.

enigmatic,

Thanks for your kind words. They keep me motivated to share my investing knowledge and experience.

Actually I have written a total of 395 articles plus many more not listed as a blog title, also can't remember what I wrote so many years ago. Besides sharing, I have also learnt heaps from many people in i3investor. I am disappointed many of them were "chased away"

I have also evolved from my investing philosophy and methods over the years, thanks for the sharing of many people here. Right now I would not invest in a company like Focus Lumber, unless it is selling very cheap, as that will still give you good short-term return.

Young man, you have a lot of good qualities as a human being; emphatic, care about feelings of others; intuitive, able to understand what others have written; a keen learner; honest and have integrity and most of all, responsible, trust and kind to others, which you can see it is kind of lack of from some.

You have future, trust me.

Posted by Erudite > Apr 14, 2020 4:48 PM | Report Abuse
KC Chong is a gr8 teacher, happy he is successful post retirement. Many will learn from him. I also learned from him. Sometimes 2 technical for my level, but I like the analysis method esp DCF and EV method. Help me avoid lousy goreng stock. Do not comment nonsense when gr8 teacher sharing, otherwise no more good teacher in forum.

Thanks Erudit. I am glad as an advanced investor, you still learn from me. I learn from others too.

Don't worry about the nonsense comments. There are all kinds of people around in the internet space. I will continue to share in i3investor. This has been my platform of sharing since 2012.

By the way, you are always welcomed to continue to ask me questions through email, which I think you have been to.

Posted by Latuk Seri Rick Walker > Apr 14, 2020 3:20 PM | Report Abuse
KC Chong! Please continue your good work!

I will surely do. Thank you again.

Posted by Latuk Seri Rick Walker > Apr 14, 2020 2:35 PM | Report Abuse
congrat to KC Chong for his book!

Thank you very much. It is a pleasure to impart some good fundamental knowledge about investing to the general public.

Posted by Philip (Can I advise you?) > Feb 24, 2020 6:56 PM | Report Abuse

"I thought this was what you have been doing all this while, copy pasting from sooner investment book without any real results of note."

Where do you find me copy and paste any Investopedia phrases likw you do without even understand it?

"I can show my understanding of intrinsic value by hire I buy stoneco, how I buy topglov, how I buy yinson, how I buy QL, how I buy gkent and how I buy PCHEM."

Those are the stories parts of it, the qualitative part. Yes they are equally important. But what are their intrinsic values that "I can show my understanding of intrinsic value", the quantitative part or the umber part of it?

I have shared scores of intrinsic value estimates for stocks in i3investor. Where and when have you shown any?

Ah, forget it, wasting my time. You don't even know what Intrinsic value means.

As a matter of fact, you don't even seem to understand what you copy and paste from Investopedia.

And also, what you can get from investopedia is just some simplistic explanation, good as a guide only.

Posted by Philip (Can I advise you?) > Feb 24, 2020 5:33 PM | Report Abuse
Yes it is a number. It has served me well buying QL in 2009, and holding it through 2018,2019 and until currently 2020. I used qualitative models, scuttlebutt, governance, and target market figures to arrive at a figure for QL, which I deem to be currently fairly valued in 2020, and very undervalued in 2018. Obviously this is based on real application of stock purchases, holding and buying more after quarterly reports, market journals, the performance of competitors like layhong, lhi and the target market future vs competitors like CP.Foods.


I thought you know what intrinsic value is. Ah just a waste of my time trying to teach you.

I hope you know what "Intrinsic Value" is.

Intrinsic value is a number. How much is it worth, and you compare with its price. It may be in a range but it is a number. And how yu estimate that number. It is not just about beautiful stories.

Posted by Philip (Can I advise you?) > Feb 24, 2020 4:54 PM | Report Abuse

The vehemence of kcchongz leads me to one conclusion:
You don't have a clue what intrinsic value is.

So what is the intrinsic value of your PE 60 stock? Have you shown that you know?

SSLee,

Thanks for your kind words, but it may be too flattery using on me. Thanks anyway as it is motivating, motivating to do what I am doing.

Your comments is first class (I don't mean I truly deserve it), as usual, can I use it for some kind of "promotion" purpose. Don't worry, it is for a good cause.


Posted by Sslee > Feb 24, 2020 12:20 PM | Report Abuse
Dear Philip,
Like what EngineeringProfit wrote a good Educator will teach you, “Socratic Method of questioning (cultivate curiosity), Plato's Cave (the habit of thinking out-of-the-box) and Epicurus/critical thinking (systematic examination of factual claims). Teach them how to use their own brain more effectively, creatively and critically, so that they can adapt to the fast changing global technocratic landscape in order to survive independently; Give a Man a Fish, and You Feed Him for a Day. Teach a Man How To Fish, and You Feed Him for a Lifetime!

I have my utmost respect for KCChong as a great Educator, passionate about sharing his knowledge, philosophy, methodologies, knowhow and know what in investing to benefits those looking for guidance and who are keen in sharpen their acumen in share investment.

You don’t need to be a sport champion in order to be a successful sport coach and produce many sport champions.

Thank you
P/S: A true teacher doesn’t teach you to think like him, but to think without him. And beware of fake teacher narrating his fake credential/achievement and ask you just follow me

By the way, kcchongnz is not a mysterious person as you said. Many in i3 know him. Many have met him and chat with him before. They are good friends.

the share price goes up doesn't mean it is not overvalue.

Posted by Philip (Can I advise you?) > Feb 24, 2020 10:38 AM | Report Abuse
Try it. Apply it in real life. Start a portfolio of stocks in 2020 based on your investing acumen and knowledge and skills. Let us judge and see and applaud your 1 year,3 year, and 5 year results of your chosen stock. Or be more practical, and keep a tracked record of continuous buying and selling so we can understand how your investing mind works, and your application theories and concepts.

When did you come to i3?

In 2011 or 2012, about 10 years ago, kcchongnz was in i3 sharing his knowledge and experience, and at the same time learning from the forumers. I shared about Cold eye investment strategy, the Magic formula of Joel Greenblatt. Many people asked me if this or that stock met the requirement, and I answered them all. Many made good money out of that. I may or may not made money but that is not important.

In January 2013, Tan KW requested me to put up my own portfolio in i3 to share. That was the only two portfolios shares as what is known as Stock Pick Challenge. The other one was OTB's. In August 2013, we, just two of us shared another portfolios. I shared another one in 2014 based on dividend investment strategy. They were all came with detail analysis and valuations. And they all made extra-ordinary return in 1 year, 2-year and 3-year investing period. 3 years is a long time for most companies performance. I did not have a 10-year portfolio.

We shared our portfolios and investing strategy, both are totally different. We don't tear each other down. You know in investing, I hope you know, there are various strategies. There is absolutely nothing right or wrong, say just in value investing, or whatever investing strategy, as long as it works for you. Warren Buffett in his talk in Columbia U years ago gave praises to various investors from the Graham and Dodd's School, all making extra ordinary return, but mostly using completely different investing strategies. Nobody tears anyone down.

Ricky wrote great articles in i3investor, Choi did too, and their articles will benefit the public. Raider and Calvin have their own ways of investing. Icon has his way of investing and he had done very well. Just because they say your stock with PE 50+ is overvalued (include me too. By the way, the share price goes up doesn't mean it is overvalue. The major shareholders have their own agenda), you searched their records and tore them down.

I have changed my thought of what is sharing, just like what SSLee mentioned above.

Do you serious expect everyone sharing here must follow your way of doing, besides invest the way you do, that they must show their sausages?

Go ahead carry on doing your way if you feel good. No, you can't hurt me. I am older and hopefully wiser than you.

Posted by Philip (Can I advise you?) > Feb 23, 2020 5:10 PM | Report Abuse

"For me, when I tell someone here I bought ql in 2009, topglove in 2010, yinson in 2012, how can I expect you to believe me when I hold until today, ask you to come over to kl to look for my remisier so I can show you my results? That would be silly."

Well, I don’t think anyone would care if you have bought whatever stock in 2009, 2010, and whether you hold it until today, and how much money you have and you have made. Yes, it is damn silly to care so. What for?

"Again, for someone who is so quick to compare results, your inability to put one up is disconcerting."

Your portfolio you put up for stocks bought in 2009, 2010, 2012, and the latest Gkent and PChemical so great? As a matter of fact, many people made many times profit than those stocks buying other stocks in those years.

So what you expected for the great returns in 2021 and 2024 already realized, and with that you can go to every other people's sharing and ridicule everyone who possesses their own investing strategies?

So only the portfolio you put up matters? Other people put up many portfolios of stocks much earlier than yours are not considered as some?

"Maybe I should start writing an e-book now that I have retired."

Yeah why not if you have the ability, instead of poking fun on others' investing strategy? Then you are doing something useful. I did, and I have given a few hundred eBooks free to people in i3investor, and many thank me for that, and none of any negative comments. Isn't that more joy and fun receiving gratitude that way than poking fun on others and gain satisfaction while hurting others?

Posted by Philip (Can I advise you?) > Feb 23, 2020 11:35 AM | Report Abuse
The fact of the matter is: no one is asking or arguing about investing method, as you seem to have none except some nicely worded theories.

So no one has a investing method except the one who says, "can I advise you"?

Talking about arrogance!

Posted by Philip (Can I advise you?) > Feb 23, 2020 11:35 AM | Report Abuse
( You seem so quick to judge. I have posted up portfolio with results. You only have arrogant words).


So how great is your result?
https://klse.i3investor.com/servlets/pfs/120720.jsp

How are your recent picks on PChemical and GKent compared to others who pick other stocks during the same period here?

https://klse.i3investor.com/blogs/stock_pick_2019/2019-12-31-story-h1481978148-Stock_Pick_Year_2019_31_DEC_2019_FINAL_Result.jsp

You are talking about results right?


Arrogant words?

Giving a strong opinion that a stock with a PE 60 is arrogant?

I tell you what, where you can find arrogant words? Go read the comments on "Can I advise you" on all other people's threads and their ways of investing.

Posted by Philip (Can I advise you?) > Feb 23, 2020 11:06 AM | Report Abuse
Ok. Good luck in your investing. With these kinds of questions, your arrogant tone, and your lack of results. You need every bit of it.

Arrogant tone? "Can I advise you"? Sounds interesting.

Lack of results? Well, you seems to know everything about other investors. Everyone is lack of result, except you, and a couple of others.

I need every bit of luck? Yes, I do. As a matter of fact, we need luck not only in investing, but everything in life. Of course you need not.

Lets not argue whose method of investing is right or wrong. And especially get into talking about other people's characters. Yes people can judge themselves, like from what I have written and what you have.

You do it your way, and I do it my way (they are all over my articles in i3investor, except they are not the same as yours). You know there are so many others who are a lot more successful doing their ways. Many of them are multi-millionaires and billionaires in the Malaysia and all over the world, doing their ways. Compared with them, you and me are nothing.


Posted by Philip (Can I advise you?) > Feb 23, 2020 10:44 AM | Report Abuse

This is almost the same answer the American trader lady gave to me.

I will repeat one more time, the purpose of putting in your long term portfolio results is not to show off how rich or great you are, but to understand in practice how you buy and when you sell, what stocks you bought that you thought were good choices but turned into turds( like how Warren buffet was not shy about admitting his decker shoes investment). Everyone can learn something from failures and winners, only those without results would think it being showoff or proud to show a trackable year by year results portfolio.

It shows a lot of your real character in being defensive and negative when one is asking about your real world performance to understand more on your selection criteria.

You remind me of Jeff skillings.

Mark to market accounting much?

This reminds me of

"Can I advise you on something!"

No man!


Posted by Philip (Can I advise you?) > Feb 23, 2020 10:44 AM | Report Abuse

This is almost the same answer the American trader lady gave to me.

I will repeat one more time, the purpose of putting in your long term portfolio results is not to show off how rich or great you are, but to understand in practice how you buy and when you sell, what stocks you bought that you thought were good choices but turned into turds( like how Warren buffet was not shy about admitting his decker shoes investment). Everyone can learn something from failures and winners, only those without results would think it being showoff or proud to show a trackable year by year results portfolio.

It shows a lot of your real character in being defensive and negative when one is asking about your real world performance to understand more on your selection criteria.

You remind me of Jeff skillings.

Mark to market accounting much?

Posted by kcchongnz > Feb 22, 2020 11:59 PM | Report Abuse
I would say a valuation of a company selling eggs, surimi, palm oil, things in a convenient stores selling at a PE even at of 50 (not to say 60) is way too rich. As a matter of fact, most super investors in the world would say that. Affirmative. It would be a very bad deal for me to buy it.
S tell me, can its profit double the next year, and what about the next? And why do you think at PE 60 for the kinds of business in QL, that it is still a good buy? A good buy even at PE 100? and how you justify it with some numbers? Or your great stories is good enough?

The above is what I wrote, giving my strong opinion that a certain company is overvalued, sharing my perspective in investing, just like you do, but in opposite way. It is purely on subject matter, nothing personal.

These are what you wrote, number 1,

"This is so you can see why I don't need to sell classes and write promotional ebooks."

So people who teaches the public (and earn an honest living)such as in personal finance, investing offend you? What about all those teachers you have had in schools and university? But why?

Number 2,
Even koon yew yin that you like to compare and say you are a better investor than he is ( many times you said you write that you helped him save money).

So where is the phrase that "you are a better investor than he is"?

Where are those "many times you said you write that you helped him save money"

Number 3,
"The fact is, he is in the top 30 shareholders of many companies that made millions. Not articles but from annual reports and findings. Yes here made huge losses from Jaks, which I respect because unlike kcchongz who has never EVER revealed his bad investment choices, only how to pick good stocks, we know for a fact that kyy made millions in dayang, hengyuan, liihen etc."

Everyone of us has a role model in many things, someone he would like to follow in investing, in philosophy, methodologies, how to do it, including in investing. You have your hero too. To each his own.

kcchongnz share his investing knowledge and experience. He shared, long time ago, his portfolios as they were published initially and the results as they were. Yes, I shared how to pick good stocks, but more importantly, at good prices. I also shared on how to avoid bad stocks, very often, especially lately. My purpose of writing is not to tell oh I have these great stocks, and I have these bad stocks. Or here is my ten years result, "see how great and rich I am"

Anyway, to each his own.

Number 4,
"That is how you should preface you ebooks.
Although obviously not in the arrogant way kyy does it, but in the softspoken respectful way that the kcchongz I like does it.
This is my 10 years results. These are what I bought, these are what I sold. This is my 10 year performance. If you like my performance, this is my ebook and my classes. "

Thanks but no thanks. The eBook is a free one. By the way, investing is my passion, and teaching FA in investing is a hobby for me. However, I have not done any classes for years already. There have been some inquiries of my course, I may start again, as a hobby.

There are many ways of investing, to each his own. You can propagate your way in the internet forum, it is a good thing. But when people generous give their opinion of what your way is, especially if it is different and in inoffensive way, thank them, instead of cursing them, criticizing them personally, whether you wish to take their opinion or not. This is what I do. Anyway, to each his own.

Posted by Philip (Can I advise you?) > Feb 22, 2020 3:28 PM | Report Abuse

As for price: no one can say a valuation is too rich or too poor for a wonderful company. Just because a company has high PE does not make it a bad deal, if it continues to hit it's targets and milestones.

I remember kcchongz saying that he noticed ql during one of his seminars. He did not buy it then. Last year I remember everyone saying ql was overpriced at pe50 and should sold. Then as revenue and earnings hit all time highs the share price increased by 25%. Now it is pe60+.

Is this overpriced? If using past data and metrics it is. But if the earnings double, you would only be paying pe25+ in terms of future earnings ( assuming you have a crystal ball).


I would say a valuation of a company selling eggs, surimi, palm oil, things in a convenient stores selling at a PE even at of 50 (not to say 60) is way too rich. As a matter of fact, most super investors in the world would say that. Affirmative. It would be a very bad deal for me to buy it.

S tell me, can its profit double the next year, and what about the next? And why do you think at PE 60 for the kinds of business in QL, that it is still a good buy? A good buy even at PE 100? and how you justify it with some numbers? Or your great stories is good enough?

Posted by Nonare > Feb 12, 2020 5:39 PM | Report Abuse
The equity component is quite unreliable, isn't it?

As Maxis depends on its spectrum right for its earnings and cash flows, and it is its major asset, why would you want to "knock" it off from its assets, though it is "intangible"?

In BAT's case, the future R in its ROE is structurally and adversely affected by black market and statute, and hence its future earnings expectation. This thing does happened and there certainly will have some exceptions due to various reasons.

However, we can't conclude that the use of ROE is of no use by just two examples, or may be a few more. We have to look at as much data as possible. For example, rank the ROEs of many companies, and see if those in the upper half or quartile had produce excess return.

I believe if you do that, you can make better and more accurate conclusion.

You can make an order through me. Please email me at ckc15training2@gmail.com

Posted by Sky Soo > Feb 9, 2020 12:45 PM | Report Abuse
I am interested in ways of identification of quality businesses to invest for long term in your eBook. Please send to me. Thank you.

Email me at ckc15training2@gmail.com

Posted by Sslee > Feb 5, 2020 8:52 AM | Report Abuse
Dear KCChong,
Good morning, if you look into Dutch Lady financial results from 2016 onward there is no revenue or NP growth that is why the 52 weeks price range: 40.00- 64.78
NPS: 232.90(2016), 183.90(2017), 202.30(2018) cum three quarter 2019(119.30)
https://klse.i3investor.com/servlets/stk/fin/3026.jsp?type=last10fy
As for Nestle:
https://klse.i3investor.com/servlets/stk/fin/3026.jsp?type=last10fy
NPS: 271.70(2016), 275.39 (2017), 280.97(2018) cum three quarter 2019(230.75) can it price of 143.40 have room to growth further? Most likely it will be another Dutch Lady.
Thank you

As long as there is consistent growth, even at low rate, is good for an excellent company like Nestle. I believe it will continue to grow, albeit not at a high rate. However, whether it is worth a PE of 50 is another matter.

I personally am unwilling to pay at that valuation. And if I have the share, I will sell and look for other opportunity.

However, every investor is different.

Posted by PaulNewman > Feb 5, 2020 7:53 AM | Report Abuse
Any books that I can read to learn more about analyzing and identifying quality companies? How do I understand an industry better? Information on an annual report is nuance

Here is one,

https://www.amazon.com/Quality-Investing-Owning-best-companies-ebook/dp/B017BI3V9A

Posted by malaysianboleh > Jan 27, 2020 11:54 AM | Report Abuse
Dear kcchong,
I am a strong believer of value investing and wanting to put some saving into Berkshire Hathaway. However the price is sky high at the moment. I am wondering what would be the fair price in your mind for it ?

One way to evaluate BH is look at the price to book value and decide on how much premium you are willing to pay for the service of the Oracle of Omaha; 1.1, 1.2, 1.5, or 2.0?

I don't buy BH as I am an active investor myself, and often dwell in the mid to small cap space to find better value. BH may suit many but doesn't suit my risk appetite.

Everyone is different.

Dear Sslee,

Happy Chinese New Year to you too.

Happy Chinese New Year to everyone in i3investor.

Posted by paperplane > Dec 16, 2019 7:07 PM | Report Abuse
Results speak. U keep underperformed. Fired longtime for fm

Keep underperformed? Against what? Against who? This one?

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

But this one by kapalterbang kertas lost a whopping 59.2%. It is still losing more than 60% as on todate! OMG!

Posted by paperplane > Dec 15, 2019 9:46 PM | Report Abuse
https://klse.i3investor.com/blogs/koonyewyinblog/247331.jsp
kc, dedciated to you

Is there anything useful to learn from the link given by you? What is there? Please elaborate what is good to dedicate to me?

Young man, I don't think you are a kid any more. Try to differentiate what is good and what is bad to learn and follow. In this respect, this link is dedicated to you, and all the young people out there.

https://klse.i3investor.com/blogs/kcchongnz/233883.jsp

With that the future of your investment in the future is brighter.

The only hope for LonBis is to maintain as a going concern. Get a White Knight who can turn the business around, creditors take haircuts, liabilities convert to equity, luck and a lot of luck in the future.

Posted by supersaiyan3 > Dec 3, 2019 10:24 AM | Report Abuse
You are right.
However, you know, what QL was listed years ago, I look at the accounts and I had the same doubt. Account receivables were entirely finance by borrowings. So I passed. Surprised, surprised, just missed a 20 baggers.

That is why some people don't treat things as so simple like those using "system 1" type of thinking as above. I personally prefer using "system 2" in more detail analysis, just like you do below,

Posted by supersaiyan3 > Dec 3, 2019 10:28 AM | Report Abuse
Account is the language of business. We need to see if the language spoken is consistent with the reality of the business.

Posted by Philip Greta > Dec 2, 2019 6:01 PM | Report Abuse
Well written and appreciated article.
Jumping over 10 foot poles indeed.

It is human nature; after spending time trying to share something, feeling dejected kena hantam, and happy when appreciated.

Thank you.

i3lurker has left a new comment on your post "Biscuit From Holland that chokes kcchongnz":
you have only 11 columns up there
to interpret anything out of those 11 columns is just irresponsible
we interpret 20,000 cash flows minimum and usually more

I thought you prefer simplicity, just because "50m taken off for PPE" or something like that?

Why now 20,000 cash flows minimum?

What "20000 cash flows minimum" you were doing ah?

Posted by i3lurker > Dec 2, 2019 4:33 PM | Report Abuse
you are correct as usual of course!!


Well, did I say that anywhere?

Just like to have an intelligent discussion with you.

By the way, who talked about "complicated theories" here?

Reading and interpreting financial statement or MCS?

Posted by i3lurker > Dec 2, 2019 4:06 PM | Report Abuse
have you heard of Monte Carlo Simulations?

Of course I know what Monte Carlo Simulations are.

But here is wrong place to boast about it. It is also useless in investing.

The useful investing skill is to know some basic accounting to understand how to read and understand financial statement. It is definitely not the useless MCS, or Mong Char Stuff

"very simple
PPE just took out RM50 million (last purchase)
and company just collapsed"

Very simple?

Many companies invest in PPE, tens of millions a year is very common, and many of them made good profits after that. London Biscuits also spent RM92m in 2012 for PPE. Why didn't it "just collapsed" then?

Analysing a company's cash flow and understanding it is easy meat, if you know. Of course if one knows nothing about financial statement, then it is complicated. He may just treat it as complicated "theories", instead of practical investing.

Only businessman knows about business and others don't? I know many businessmen don't know about managing businesses. That is why most businesses fail.

To each his own though.

Posted by Haw Liao > Dec 2, 2019 9:53 AM | Report Abuse
too many other biscuit brands in the market hence many competition...
no business moat

Many listed biscuit companies such as Apollo, Hup Seng, etc are doing ok. None so bad as London Biscuits.

Posted by i3lurker > Dec 1, 2019 11:46 PM | Report Abuse
Those cash just went out the door from purchase of PPE, property plant and equipmemt
latest one just before collapse was RM50 million (from memory)
its quite simple
you had actually converted a very simple case
to an extraordinary complex case with unnecessary data, padding and complex interpretations

Thee are two types of personalities in decision making; one using system 1, the easy and lazy type of cognitive bias to jump into conclusion without using his left brain, the other uses system 2, think and analyze in detail first before making a conclusion.

Most people use system 1, which is natural for most people as they are human. Those using system 2 are rare.

To each his own.

Posted by supersaiyan3 > Nov 13, 2019 4:49 AM | Report Abuse
Well written. Investor education is very important.

Posted by 3iii > Nov 13, 2019 6:30 AM | Report Abuse
Insightful. Thanks.

Posted by SharehlderOppression > Nov 13, 2019 10:05 AM | Report Abuse
Great article as always.
Keep up the great work Kc.

Thank you very much. You motivate me.

Posted by yfchong > Nov 12, 2019 9:22 PM | Report Abuse
Hi Sifu., good sharing

Thank you very much. I hope you have improved your investment skills and also investment return since you have graduated from my course a few years ago,

Best of luck.

Posted by Dato Seri John Lu > Nov 12, 2019 7:52 PM | Report Abuse
Good one kcchong.. Really a good article


It is rewarding in sharing useful investment views in i3investor.

Some time ago whenever I wrote articles giving opposing views to certain individual, which I think are very useful articles for sharing purpose, I always got personal attacks, including the above commentator.

It is heartening to know that many, not only the above, which I read from their recent comments, realize my good intention, or shall I say noble intention.

This gives me motivation and joy in sharing my investment philosophy here. Thank you.

What can you deduce from the rise of the shares of EAH and Vivocom and their free warrants after announcements of each exercise and subsequent drop?

Obviously, those were the times insiders and manipulators made use of these corporate exercises to jack up the share price of the underlying shares, in return the price of the warrants, and they distributed their shares including free warrants to the big pool uninformed speculators and greater fools.

These followers of the greater fool theory were left holding the shares and warrants at a huge loss and continued to stare at the sky.

So, be careful, few things, very few are free in this world, especially in the stock market.

Posted by Dato Seri John Lu > Nov 10, 2019 10:34 AM | Report Abuse
Noted KCchong
I use to admire uncle Kyy but after his U-turn in PCCS, I try to avoid his stock ald

Actually people in i3investor for a long time will know.

The U-turn happened many times. Gadang was the first and most spectacular U-turn, followed by HengYuan, Jaks, and many more. Teoseng and the latest your PCCS.

The worse is those who lost money following some of the tips were ridiculed; being branded as stupid for not selling when they are at high price, and not buy back when the share price retraced.

I have never get involved in his stocks. In Dayang, it was my own analysis while he was still peddling Jaks and Sendai. I made some money in Jaks lately too after he had deserted Jaks, and started to say bad things about Jaks.

That is what I meant by my question,

What is more important in life; more money when you already got so much or a good reputation now and when you are gone?

You are lucky and only got caught in PCCS. I understand you have made a lot of money following his tips, especially in Hengyuan, and you have been praising him like a stock God because of him, and ridiculed others whoever express any negative view on him or his stock, and that included me, for many times.

I don't think it is fair for you to blame him for your only losses in PCCS, while you have made so much money because of him previously.

In any case, one has to bear responsibility of his own action, such as following stock tips and lose money.

This is a comment not meant to personally attack anybody, but a truthful comment hopeful open up somebody' blocked mind that he needs to seek opinions from his close ones to change for the better.

Anyway, it is none of my business.

Posted by Ravi Kumar > Nov 10, 2019 1:38 PM | Report Abuse
We have seen KYY may times speak with his foot in his mouth. Classic case of a has been. I used to have respect for him but time and again we have seen him in the papers Tan Sri ship, saying things about the armed forces etc. Must need his marbles checked.


You are not the only one. There are many, including me, and many others I know.

Probably he is getting to old and not aware what he is saying, what kind of thing he propagates, not able to differentiate right from wrong, what is more important in life, a good reputation or more money, etc.

But at least those who are close to him should enlighten him. But again I know it is very hard. Everything is already hard wired.

I seriously think that his reputation has deteriorated so much. But anyway, there is none of my business.

Posted by Dato Seri John Lu > Nov 9, 2019 11:50 PM | Report Abuse
Mr OTB help him so much and he attack Mr OTB, come one la, shame on you, i pray this oldman lose another 64 mil

This article is written with the aim of sharing a concept; when to sell stocks. Certain stocks were used, purely because they are the most relevant ones in i3investor at the present moment. It just happened that they are related to certain individual.

We want to discuss about things, ideas, and sharing of investment.

It is not meant for anyone to start attacking and cursing anybody.

Posted by kcchongnz > Nov 9, 2019 7:24 PM | Report Abuse X

Posted by cheoky > Nov 9, 2019 6:18 PM | Report Abuse
You hold grudges more with Jesse rather than Herbert the chicken. Both are heavy promotion. Care to divulge more of the history with Jesse?

Like I said in the article, everyone who buys or sells Dayang has his own reason.

Likewise, everyone who reads an article has different interpretation; some see it as an educational article, some view it as what, holding grudges against someone?

There are many articles on Dayang in i3investor. May be you should just read and enjoy those many written by someone. Mine doesn't seem to suit you. You don't learn anything and you are just wasting your time reading and commenting on it. Seriously.

Posted by michaelwong > Nov 8, 2019 12:10 AM | Report Abuse

IB house are misleading coz with vested intended purpose to buy back at cheaper price thus sending a sell signal to those to unload their stocks while they took opportunity to collect cheaply.


PublicInvest is an investment bank, and provides stock analysis service. In this case, they are using technical analysis.

I am no big fan of TA, but just based on how the share price been up and down and then lingering around RM1.90 for a long time. Any TA chart or TA practitioner will tell you it is not a good signal.

Why do you say they are misleading, or more laughable, the claim that they press down the price to sell cheap.