My opinion is everyone should be given an opportunity to voice his opinion.

the young investors must also be warned about this poisonous bird called Pitohui who disguised himself an "eagle".


Posted by stockmanmy > Jul 8, 2017 09:33 AM | Report Abuse
no charles....frogs don't know how eagles kyy and stockmanmy fly.

katappa,

I don't know you but reading your comments, you are filled with experience and investment wisdom which may be you should write some articles to educate the young investors out there such that they won't be polluted and poisoned by the snake oil salesman who propagate the dangerous "sailang", "dynamite investing", "panic moment". "seXfactor", whatever they mean.

Just remember, i did write about your MasterNoSkill before a few years ago as shown in the link below.

https://klse.i3investor.com/blogs/kcchongnz/122285.jsp

Tomato Juice, thanks for your comment.

I wish to say that contributing to a forum is not always about how good one is in picking great stock and make a lot of money, how rich one is, and brag about it. It is also about educating the public to avoid the traps in the stock market, be aware of the crocodiles etc.

It is not necessary that once must be rich, or very rich, must be the top 5 shareholders in a listed company, or that he must own multi-million Ringgit worth of shares or other assets, to have a right to share in the forum.

Posted by stockmanmy > Jul 7, 2017 07:16 PM | Report Abuse
I don't know...I don't collect tuition fees. No need membership fees too.

But, very very good what I wrote.


"Very very good what I wrote" Who said that? Is self-praise a praise?

BTW, anyone said you were good?

So no collect fees also nobody read ah? So cham.

Posted by stockmanmy > Jul 7, 2017 06:22 PM | Report Abuse
Dynamic investing, pivotal moments, X factors...good advise...I even have a whole series of article on it.
It is the culmination of 40 years of investment experience and wisdom....


Wisdom? Wisdom of how to PLP?

By the way, how many people have learned from you? You have any follower here?

Posted by stockmanmy > Jul 7, 2017 06:47 PM | Report Abuse
kc
so scared, so nervous, so cynical......serves you right for still being maths teacher while others already drive Rolls Royce.


Me scared? Me nervous? About what? About your dynamite, "panic moment", seX-factor and all those nonsense?

No lah, I am warning those newbies about the immoral people who will cheat, steal, rob or kill, just for moneysuch as below

Posted by stockmanmy > Jul 6, 2017 03:45 PM | Report Abuse
andrei
make money is only game here.
Andry007 > Jul 6, 2017 03:04 PM | Report Abuse
Thank you Mr. kcchongnz i respect people with principle but in Malaysian society respect is from how much money he has regardless of ill gotten or whatever means.

Posted by stockmanmy > Jul 7, 2017 06:47 PM | Report Abuse
kc
so scared, so nervous, so cynical......serves you right for still being maths teacher while others already drive Rolls Royce.

Who drives Rolls Royce? You?

You came to this i3investor may be a year ago with the name Desa something. i remember you mentioned you only have a few thousand to invest. I thought what a poor "accountant".

Now you already drive Rolls Royce?

Just getting some crumbs along the way while being a runner can be so successful ah?

Posted by stockmanmy > Jul 7, 2017 06:19 PM | Report Abuse
angel
but you didn't know Jaks EPCC contract to build Vietnam power plant is subcontracted to their Chinese party......both cost and revenue has been fixed......certain with 100% certainty.


So when the project stalled, the Chinese will have to carry on paying Jaks?

If the project delayed, lose money, the Chinese promises to pay whatever Jaks claim?

If if there is short of coal supply and become very expensive, the Chinese will singly bear all the costs?

If the Vietnamese can't or don't pay for power supply, Jaks will still get its payment?

If the Chinese goes to war with the Vietnamese and abandon the project, Jaks will still get paid for all construction "revenue", and power payment?

If there is financial crisis and interest rate goes up sky high, Jaks will still get all its profit?

if Dong devalued 50%, the Chinese will have to pay them in USD?

There is zero uncertainty at all for revenue and profit for Jaks?

etc. etc. etc.


Are you really a senior and retired accountant ah?

Good comment angelol, an experienced auditor, not a fake accountant

Anybody who has involved in construction knows the problems in construction contracts, especially those gotten by competitive bidding. He knows about it very well too as he always discuss about the difficulties. These include operation problems, payment problems, time constraints, competitive bidding, labour and material problems etc. Problems are exaggerated for overseas construction contracts, the oil and gas industry which is in deep doldrums, the operation environment etc.

Yet, just because the CEO of the company says his projects will have no problem in the future and it is taken as the truth. That easy? That simple?

The runner even says there is no uncertainties at all in their construction earnings, knowing that in the past the company has lost money, huge amount of money, having huge book order, of the same kind of work.

So do you see the danger?

Read what he says here. Won't you be alarmed? Scared?

Posted by stockmanmy > Jul 6, 2017 03:45 PM | Report Abuse
andrei
make money is only game here.
Andry007 > Jul 6, 2017 03:04 PM | Report Abuse
Thank you Mr. kcchongnz i respect people with principle but in Malaysian society respect is from how much money he has regardless of ill gotten or whatever means.

Posted by stockmanmy > Jul 7, 2017 11:40 AM | Report Abuse
katappa
I jump with horror when KC...the self declared value investors, buy with margin of safety investor...the self declared conservative investor starts telling me he put a big portion of his money in an Ace counter...and recommending Fibon...a very smallish company with no track record whatsoever...because he think he can manipulate a small counter, or maybe he think smallish company gives better performance.
It is disgusting behaviour for a respected senior citizen.


Disgusting? what should be disgusting?

In this thread, I warn people about speculating in the stock market which is hazardous to their financial outcome. Why is this disgusting?

I talked about investing with a margin of safety, just like all the super investors like Warren Buffet, Seth Klarman, Howard Marks, Mohnish Pabarai. Is that disgusting?

Even I put money in some ACE counters such as JHM, Willow, Fibon etc and made huge profit also disgusting?

And you come here talk about your "dynamite investing", "Panic moment", seX-factor and all those useless nonsense.

Who is disgusting? disgusting to the bone!

Ever heard of the biggest joke in the investment community in Malaysia?

This is one.

I can see katapa does know a lot of things, not the self-proclaimed one, definitely. It makes me laugh rolling on the ground with all his "dynamite investing", "panic moment", "sailang", seX-factor etc. etc.

Gifted? OMG!


Posted by stockmanmy > Jul 7, 2017 11:34 AM | Report Abuse
katapa
I can see that both you and I share the same gifted brains for the stock market.

Posted by jediinkl > Jul 6, 2017 06:28 PM | Report Abuse
why so kiang

Let me warn you again. You really must "kiang". Because they are highly immoral people around. They cheat, steal, rob and kill, just for money.

One of them is here,

Posted by stockmanmy > Jul 6, 2017 03:45 PM | Report Abuse
andrei
make money is only game here.
Andry007 > Jul 6, 2017 03:04 PM | Report Abuse
Thank you Mr. kcchongnz i respect people with principle but in Malaysian society respect is from how much money he has regardless of ill gotten or whatever means.

This article tries to warn newbies about the syndicate and manipulators in the stock market. They have no moral. They cheat, steal, rob or kill, just to make money for themselves.

Here is one


Posted by stockmanmy > Jul 6, 2017 03:45 PM | Report Abuse
andrei
make money is only game here.

Andry007 > Jul 6, 2017 03:04 PM | Report Abuse

Thank you Mr. kcchongnz i respect people with principle but in Malaysian society respect is from how much money he has regardless of ill gotten or whatever means.

katappa,

Yes, Masterskill was truly a junk, a big lemon which I knew very well. I didn't talk about it as nobody asked me about it. What I document here were stocks forum people asked me about and I provided my opinion and summarized them. I like to talk about things I have documented so that I won't be accused as a "canon behind the horse back".

Yes, Frank is my friend and he is very bitter about KNM. I could understand him. But he harps about it now because he has good intention; to warn newbies to beware of the big lemon, KNM, which many newbies were cheated.

And now there are manipulators trying to cheat newbies again.

My MU senior, I don't know why, he likes to punt those lemons. But I think like most Chinese, they like to punt, but with small amount of money, for fun, I hope.

Posted by stockmanmy > Jul 6, 2017 11:12 PM | Report Abuse
kc.....even if people only buys at record highs...not likely.....a good stock will soon have new highs....I don't know about highs and lows, but I know the reasons for the bets , why the bets and the likely outcome of increasing profits, certainties of higher and higher profits for the rest of 2017 and 2018.


Seriously, if the stocks are so good, so cheap, quietly buy loads of them. Why have to tout it so rampantly, every where, everyday?

Buy and buy slowly and cheaply without anybody knowing it.

If you keep on promoting it, and people buy buy buy, you can't get cheap any more, can you?

I can see and even show you in details how so many people lost money following all the promotions.

If you wish, I can show you with detail records. so want??

I have never seen any fund manager, other super investors promoting the shares they are interested anywhere, have you?

Posted by stockmanmy > Jul 6, 2017 10:31 PM | Report Abuse
kc
I very generous one, share share with other people no harm.
I bring in KYY and Jaks and Sendai because this is a much better way to make money in the stock market.
must learn the skill and appreciate what is going on.

do you realize that by touting Sendai and Jaks non-stop for the last one month with your sailang, Sex factor, panic moment, dynamite investing and all those nonsense, you have misled people her to lose money, Sendai RM130+ to RM1.17 now, and Jaks from RM1.70+ to RM1.44 now?

Posted by stockmanmy > Jul 6, 2017 03:45 PM | Report Abuse
andrei
make money is only game here.

Andry007 > Jul 6, 2017 03:04 PM | Report Abuse
Thank you Mr. kcchongnz i respect people with principle but in Malaysian society respect is from how much money he has regardless of ill gotten or whatever means.



That clearly shows the kind of character you are. You will steal, rob, or kill, just to make money.

But really, you have shown that already all this while.

This article of mine is about advising people to invest to build long-term wealth, rather than speculating in the stock market. It has nothing to do with Jaks or Sendai, or a certain personality.

Why did you have to PLP and brought in your Sendai and Jaks here? Are you a runner, a syndicate operator?

By the way, if Sendai and Jaks are so good, why don't you quietly buy and buy, rather than touting everywhere in i3investor?

Don't you want to buy more, and buy it cheap?

Really one head full of dew water.

Posted by stockmanmy > Jul 6, 2017 09:56 PM | Report Abuse

kc

who do you think knows more about Jaks...outsiders or management of Jaks?

ME; I THINK A FINANCIAL ANALYST WILL BE ABLE TO EVALUATE THE RISK-RETURN OF THIS TYPE OF PROJECT BETTER.

CEO too is buying whenever he can.

ME: HOW MUCH DID HE BUY? THINK ABOUT IT, THERE ARE BUYERS AND THERE ARE SELLERS. IF SO GOOD WHY DID ALL FUND MANAGERS SOLD THEM OFF?

$ 400 million sub contracted profits to be recognised.
no uncertainties there.

ME; WHAT IS THIS EARNINGS? FROM WHERE? FROM WHOM? IS THAT MONEY TO PUT INTO POCKET? PITY THAT AS AN ACCOUNTANT, YOU DON'T UNDERSTAND WHAT THIS "EARNINGS" ARE.

as for Sendai

estimated revenue 2017 > $ 2 billion, PBT > $ 100 million........great certainties in these figures because in the bag already.

ME; WEREN'T SENDAI GOT HIGH REVENUE? WHAT WAS THE BOTTOM LINE? GREAT CERTAINTIES YOU CALLED IT WHEN IT WAS NOT EVEN PROVEN TO BE SO BEFORE.

THERE IS NO SUCH THING AS CERTAINTIES ESPECIALLY IN CONSTRUCTION PROJECT.

Posted by stockmanmy > Jul 6, 2017 09:20 PM | Report Abuse
"and picking Jaks and Sendai is very illustrative of the thinking behind the man."
winning strategies place great value on earnings certainties. and Jaks and Sendai have great earnings certainties and transparencies and that is worth a lot. They will be reporting ever increasing earnings in coming quarters with great certainties.
I think it a great strategy to follow.
as recovery stocks coming from a low base, not many other stocks have the same level of earnings certainties.
will out perform most other portfolios.


Earnings certainties? Really ah?

"They will be reporting ever increasing earnings in coming quarters with great certainties."

Really ah? having a lot of jobs on hand for Sendai? Hadn't them having a lot of jobs before too? What happened? Did they make a lot of money, or lost their pants?

Earnings certainties for Jak? For its Evolve Mall? For its construction projects in Malaysia? For its property development which has been delayed and paid penalty?

Oh, must be its Vietnam power plant. Have you read my article here?

http://klse.i3investor.com/blogs/kcchongnz/123266.jsp

For me, this project is one of the project which has the most uncertainties, much more than the one in India by Mudajaya.

Haven't you wonder why all the funds sold their shares to someone who just based on the words of mouth of the boss of Jaks?

Whom do you think know more about a project like that, the fund managers,or someone who bases on instinct?

Posted by stockmanmy > Jul 6, 2017 03:23 PM | Report Abuse
lots of theory...no money to show for it is useless.
super investor KYY...no need Einstein brain to be successful in stock market.
no need computer memory to record every fact, every detail in the world to be successful
no need geeks to talk three talk four to be a winner.
what sets super investor KYY apart is....a blessed life, right attitudes,
and picking Jaks and Sendai is very illustrative of the thinking behind the man.
but maths teacher kc can impress the freshies...but can he make money from stock market?


What a statement! What a big time carry big leg and PLP from a 60+ years old accountant!

Don't you have a little bit of dignity in life? OMG!

BTW, can illustrate a little bit about your PLP statement below,

"and picking Jaks and Sendai is very illustrative of the thinking behind the man."

Posted by stockmanmy > Jul 6, 2017 02:08 PM | Report Abuse
charles is learning the wrong lessons...
to learn the right lessons, nothing better than to be closer to the man and observe first hand and to interview the man.
and to do it respectfully of course.


I think Charles and many of us who have a brain would know how the operations have been carried out.

Only those brainless ones still have no idea at all.

Posted by stockmanmy > Jul 6, 2017 01:19 PM | Report Abuse
godhand, others
It is definitely worth your while to step out of your comfort zone to learn from super investors, how they operate, what makes them so special, what gives them the confidence.......that would be a good move.


Well, we do hear a lot from Charles T how your stock God operates to make money.

Lets hear from you to see if you know how else he operates.

Posted by stockmanmy > Jul 6, 2017 09:51 AM | Report Abuse
and of course, I am very impressed by anyone who can put substantial portion of their wealth into Jaks and Sendai, don't blink, no fear, ......
You want the stock market to make a real difference? develop such qualities first.
There are not many who can do it, ....and that is why there are not many super investors.


Just because someone gamble on a couple of stocks and you already treat him like a stock God. Isn't that big time pure PLP, and if not what else is it?

Posted by stockmanmy > Jul 6, 2017 09:41 AM | Report Abuse
I think this is a sick article by a loser.


Posted by stockmanmy > Jul 6, 2017 10:51 AM | Report Abuse
like playing poker.....don't all in....how to be a good poker player?

Posted by stockraider > Jul 6, 2017 11:50 AM | Report Abuse
Don have a good hand bet heavy & heavier....hoping it will get a good cards & better when he draw the next cards loh...!!
In poker the safest is that u bet heavy when.. u already got a very good hands...not when u hope and imagine u got a good hand mah...!!


Let us study my article and the comments of the two gentlemen above and vote for which is a sick article, or a sick comment posted in a public forum.

Congrats, you have huge readership.

But don't forget, when there is a problem (out of scores of potential problems) surfaces, or an economic or financial crisis, or just high inflation, devaluation of Dong etc., with the huge bet with huge leverage, I bet Jaks will fall like a Niagara Falls, and nobody can stop it.

Posted by stockmanmy > Jun 13, 2017 03:06 PM | Report Abuse

kc

Jaks from $ 1.00 now, $ 1.50...
Sendai from 50 sen , now $ 1.08

ME: WHEN SOMEONE APPEARS TO BE RICH, AND MONEY HAS NO VALUE AT ALL TO HIM, HE CAN BUY A ILLIQUID STOCK FROM RM1.00 TO RM1.75. THAT IS COMMON SENSE THAT YOU AS AN 'ACCOUNTANT", FAILED TO UNDERSTAND. OR RATHER UNDERSTAND, BUT PREFER TO BE AN ACCOMPLIANCE, OR A RUNNER. POOR YOU.

ok...that is the past...

when Jaks crosses $ 2.00
Sendai crosses $1.50.......you retire? stop misleading ambitious young people

I RETIRE? I RETIRED 20 YEARS AGO FROM ENGINEERING AND WENT TO NZ TO ENJOY MY LIFE ALREADY LOH.

RETIRING FROM TEACHING PEOPLE THE 'RIGHT PATH' IN INVESTING? YOU HAVE NO IDEA WHAT I HAVE CONTRIBUTED TO THE INVESTING COMMUNITY, UNLIKE YOUR JUST BARKING HERE AND THERE, WITH HUGE NEGATIVE VALUE TO THE YOUNGSTERS.

CAN JAKS CROSSED RM2.00 AND SENDAI RM1.50. VERY LIKELY IF THE THERE IS NO MAJOR CRISIS. IT IS NOT EASY TO PAKAT, I BELIEVE, IT HAS BEEN GOING ON, TO JACK UP JAKS SHARE PRICE, ESPECIALLY FOR PEOPLE WHOSE MONEY HAS NOT MUCH VALUE EXCEPT TO BOAST UP EGO.

SO WELL DONE 'ACCOUNTANT' AND YOUR 'BUSINESS SENSE'.

Posted by stockmanmy > Jun 13, 2017 02:45 PM | Report Abuse

kc

business sense is the ability to handle risk. Maths teacher cannot handle risk, better buy FD.

ME: FIRST THING, ONE MUST KNOW WHAT RISKS ARE, RECOGNIZE RISK FIRST, UNDERSTAND IT, MINIMIZE IT, HANDLE IT OR AVOID IT. DO YOU HAVE ANY IDEA AT ALL WHAT RISKS ARE ENTAILED IN SENDAI AND JAKS?

I SAY YOU CANNOT EVEN UNDERSTAND WHAT RISKS IS IN INVESTING.

business sense knows why the bet, what is the bet, the odds, the rewards, the risk...maths teacher is like tikus, comes with the territory. ...but please don't buy Fibon.....there is no way to assess the risk of a listed company that only generates $1 million revenue a month...and don't even have any unique selling propositions.

ME: TELL US IN CLEAR EXPLANATION; WHY THE BET? WHAT IS THE BET? WHAT ARE THE ODDS AND REWARDS, WHAT THE RISKS ARE ECT. IN YOUR BETS?

DON'T JUST SAY SOME VERY VAGUE THINGY.

84 years old maverick don't drive Rolls Royce because he is merely lucky, it lasted for decades, there is more than luck factor here.

ME: OH, YOUR "BUSINESS SENSE" IS JUST PLP, AND NOTHING ELSE.I BET YOU HAVE NOT THE FAINTEST IDEA WHAT OTHER HAD GONE THROUGH.

WHAT A GREAT RUNNER WITH THIS 'BUSINESS SENSE"?

There is some thing for ambitious young men to learn here.

ME: HA HA HA HA. I SAY, YOUNG MEN WHO WISH TO HAVE A GOOD OUTCOME FINANCIALLY IN LIFE, AVOID THIS "BUSINESS SENSE' FROM THIS SNAKE OIL SALESMAN, AT ALL COST.

Posted by stockmanmy > Jun 13, 2017 12:35 PM | Report Abuse
business sense means buy Jaks and buy Sendai................
re recent troubles with Saudi
we must understand Qatar is a creditor country, politically stable, little trade with its neigbors, main income from selling gas to Far East, Euro.
and Sendai can get more jobs as a percentage.


Oh, that is "business sense"!
Must have "recent trouble"!
Must have "little trade with neighbors"
Main income must be "selling gas"

But why "Sendai can get more jobs as a percentage.?

A great "business sense", from an 'accountant".
A great "dynamite" investor,
A great "panic moment"

What a great education on "Business sense"!

Keep it up, "Accountant"!

Posted by Yippy68 > Jun 13, 2017 06:57 AM | Report Abus
it is the dividend that made me rich as today. thank kc . i invested in reit for 9 years , with dividend and capital gain , and bplant after it dip to 1.25...i collected huge return from them. no one will believed.

Congrats Yippy.

That is partly what business sense is about.

Some others think that they have this, but they can't even articulate what it is. it is merely a business nonsense.

Posted by stockmanmy > Jun 11, 2017 10:45 PM | Report Abuse
the best part is Jaks just sit back and collect money.
let their partner who has done more power plants than anyone else in the world bring in the cash.......
great business model, great business sense.

Oh, Alibaba.

So if the power plant time and cost overrun, the Chinese partner will still pay what was estimated as Jaks profit and cash flows?

So if there is a financial crisis and banks do not lend money any more, the Chinese partner will still pay what was estimated as Jaks profit and cash flows?

So if the Dong falls or inflation spikes, the Chinese partner will still pay what was estimated as Jaks profit and cash flows the same $?

So if the Vietnamese officials demand for more mmoney, the Chinese partner will pay all the extra but still pay what was estimated as Jaks profit and cash flows?

etc.

Great Alibaba

Posted by stockmanmy > Jun 11, 2017 10:28 PM | Report Abuse
Vietnam is not India
Jaks is not Mudajaya
now...that is definitely business sense, not maths.

Doing business doesn't have less problem than India.

Mudajaya,in its hay days, is much much more established and capable than Jaks. Haven't you heard of how many power plants have Mudajaya build? No doubt about it. How many power plants has Jaks built? Jaks can't even smell its fart.

When Mudajaya started its power plant construction, it made huge profit too.

But one thing I can say speculating in Jaks, not investing, may make you money. That is when the naive are brought to buy the notion that accounting profit is something "real" when Jaks books in its construction "profit", taking it from left pocket to right pocket, and back to left pocket again.

This is a likely scenario.

But please don't brag about business sense. It is a speculative sense.

In fact, many have already made profit following the story, and money, when it was less than RM1 just a few months ago. No argument about that.

One does money money that way.

But in the future, hard to tell.

Posted by stockmanmy > Jun 11, 2017 09:45 PM | Report Abuse
argue no point, kc
if you try to convince people that for a $ 2 billion IPP, the cashflow projections shows no money to make....provided the project is completed on time and according to schedule........no one will believe you.
the truth is...it is very profitable.

How much was Mudajaya's power plant project in India? How much did they make?

"Provide the project is completed on time and according to schedule"

Completed already ah? On schedule ah? When did Jaks first got the project?

"profitable"? How profitable?

Actually you still have no idea what the issue we are talking about.

It is about if that is so great with an IRR of 12% with all the risks.

Posted by stockmanmy > Jun 11, 2017 10:01 PM | Report Abuse
kc
no business sense.....you cannot make money from stock market....probably cannot even do business......just stick to math teacher.

Tell me exactly what is your so-called business sense in Jaks.

My maths, and accounting too,is definitely miles ahead of you, even though you are an "accountant", and I am not. No argument about that.

I cannot make money in the stock market? How you know? haven't you read all the articles dedicated to you how the return of my portfolios like as established in the last four years in i3investor?

Have you got any established record or not to show that you made that much money? Please show!

Posted by ipomember > Jun 11, 2017 09:50 PM | Report Abuse
lol of course people have gone through intensive valuation of the project and comes to a IRR which they deemed suitable for them, we got no information on hand and not all including myself can do the valuation. Looks at ekovest sell of duke highway to EPF, they got their valuer too before they acquire the highway, who are we without any information to doubt them?How can i tell if that is an overpaid by epf? If you are not comfortable might as well move on there is nothing wrong. If we are to invest, isn't it we should trust the management in the first place? When we invest we entrusted our hard earn money to the company and hoping that they will do something that bring values to us. On the other hand you might find those company which you feel comfortable.

I have no issue in your investment and trust in the management of Jaks. I have zero issue if you think Jaks is a good investment. I don't know the future.

One thing I am different from you; I do not place so much trust in a management which has not shown they can be trusted in the past, like you do.

My required return for a power plant like that in Vietnam, with a management with zero prior experience, with the Chinese calling all the shots, is much much higher that the estimated 12%.

That is me, and for sharing purpose. i never say you are wrong.

Posted by stockmanmy > Jun 11, 2017 09:32 PM | Report Abuse
don't be so arrogant, kc.......armies of CFAs, accountants, and bankers have poured through the figures already and it took them a long long time.


Armies of CFAs and accountants involved preliminary in this project? are you sure? What did they do here?

Investment bankers did the project appraisal and advisory as instructed and got paid for a fee, a high fee.

Commercial bankers evaluate their lending risks and they get to be paid first in the project with much less risks.

It is your interest to evaluate if the project is viable with the risks involved. Bankers do not take that risk for you besides the lower risk in lending.

The pertinent question for you is the return justifies the risks? Nobody takes care of your interest besides you.

Posted by stockmanmy > Jun 11, 2017 09:32 PM | Report Abuse
kc says....I have nothing to say if you think that you engage in a billion dollar power plant project, you do not need to get some figures to make a decision.
Well, I guess we are different. If you think you are right, be my guest.
============================
don't be so arrogant, kc.......armies of CFAs, accountants, and bankers have poured through the figures already and it took them a long long time.

My comments above is regarding your friend's comment that "I agree with what stockmanmy said, since we all agreed behind every stock is business, what makes you think that why the founder first started the business? Do you think everyone of them has a set of figures for them to judge? It all comes from what they know about the industry as well as their business sense.

regarding your statement above, so you do believe that it requires something more, much more, than your "business sense" in a project like that, don't you?

Posted by ipomember > Jun 11, 2017 09:23 PM | Report Abuse
"what business sense is, is difficult to teach.....but it is easier to say what business sense is not.....business sense is not a set of formulas, ........"
I agree with what stockmanmy said, since we all agreed behind every stock is business, what makes you think that why the founder first started the business? Do you think everyone of them has a set of figures for them to judge? It all comes from what they know about the industry as well as their business sense.


That is the reason why 80% of them failed.

I have nothing to say if you think that you engage in a billion dollar power plant project, you do not need to get some figures to make a decision.

Well, I guess we are different. If you think you are right, be my guest.

Posted by ipomember > Jun 11, 2017 09:18 PM | Report Abuse
there is not guarantee of profit by investing on business sense, same goes to the very subjective valuation thingy or bla bla bla magic formula. The combination of two yields better result. Figures anyhow cannot tell you the future but it could be a good gauge for one to look into the past of a company. in fact there is nothing much to argue, if anyone insists on his own way and still making money, who are us to condemn their method?

No argument with you on this.

But why you guys keep on saying that FA practitioners have no business sense, and never look at the business itself?

Do you even know that looking at the business (with some sense) is part of FA?

Posted by stockmanmy > Jun 11, 2017 09:14 PM | Report Abuse
what business sense is, is difficult to teach.....but it is easier to say what business sense is not.....business sense is not a set of formulas, ........


Oh, like that one ah? It is talking cock loh!

Posted by stockmanmy > Jun 11, 2017 09:11 PM | Report Abuse
same in the case of Sendai...taking in all the facts I know, latest results have not yet taken in the higher revenue, margins and profitability in coming quarters.
again, this means a good share to buy.

So, no more golden rule? Throw into the dustbin already? So fast?

How you know higher margin and profitability? You got insider information ah? As an "accountant", do you know trading on insider information is illegal?

Posted by stockmanmy > Jun 11, 2017 09:06 PM | Report Abuse
Maths teachers not much business sense.
That is true, not just this time.

SO WHAT IS YOUR BUSINESS SENSE? PLEASE ELABORATE. AND PLEASE ANSWER ANSWER ALL THE PERTINENT QUESTIONS ABOVE TO SHOW THAT YOU TRULY GOT ANY BUSINESS SENSE.

IS YOUR BUSINESS SENSE JUST A MUMBO JUMBO THINGY.

Posted by stockmanmy > Jun 11, 2017 08:46 PM | Report Abuse
posted in Jaks forum before, it makes business sense that the best share to buy is the shares of a company that has relative certainty of catalysts that will proper the share higher.....it is only a matter of time.

ME; WHAT CATALYST? WHAT CERTAINTY?
POWER PLANT IN VIETNAM IN OPERATION ALREADY AH? COLLECTING MONEY AH?

Taking a businessman approach to the stock market is not the most stupid thing in the world. it is probably the smartest thing in the world.

ME;SO WHAT IS YOUR BUSINESSMAN'S APPROACH ABOUT? CAN ELABORATE AH?

Stock market is short term , businessman is longer term. Businessman sleep well as long as rewards are great and odds are in his favor. 2 -3 years to double up isn't that long a time.

ME;SO HOW LONG IS YOUR LONG TERM?
2-3 YEARS TO DOUBLE UP? CAN SHOW HOW AH?
2-3 YEARS FROM NOW AH?

Among the catalyst to look forward to include....
progress in IPP picks up steam in an S curve as expected, resolution in Evolve Mall and Pacific condominium, Suke construction picks up, other IPP projects, new institutional shareholders, ..and of course, completion of IPP on schedule and according to plan.

ME:RESOLUTION IN EVOLVE MALL AND PACIFIC MALL? WHAT RESOLUTION? NO MORE LAD? CAN DELIVER ON TIME AH?

HOW SUKE PICK UP? HOW? WHAT STAGE NOW?
COMPLETION OF IPP? WHEN?
BY THE WAY, WHAT STAGE IS IT IN NOW?

every single one of the catalyst is a near certainty.

ME: CATALYST, WHAT CATALYST? CERTAINTY? WHAT STAGE IS THE CONSTRUCTION NOW? HOW MUCH MORE?

Posted by 4444 > Jun 11, 2017 06:03 PM | Report Abuse
160) kcchongnz +23.4% 123414.59 http://klse.i3investor.com/servlets/pfs/71070.jsp
26% MAGNI 6.510+0.06 4.190 4800|21% FIBON 0.695 0.555 37000|20% FAVCO 2.960 2.380 8400|19% FLBHD 1.690 1.600 13700|15% LATITUD 5.170 4.900 3500 (123363.00:51.59|239.41)

Posted by 4444 > Jun 11, 2017 06:05 PM | Report Abuse
KC only ranked 160 but talk like no 1 tftey.
https://klse.i3investor.com/blogs/ibot/125102.jsp


Do you have any idea, any idea at all that a return of 23.4% in 5 months 10 days, will compound RM100000 into in 30 years time, with consistency?

What is your problem?

Posted by ks5S > Jun 11, 2017 04:56 PM | Report Abuse
share price down, then we claim spot a lemon
share price go up, everyone quiet

Obviously you just don't get it. I started to talk about this lemon three years ago in the link given, not now as you do.

I share this experience with the public here so that the investing community can avoid similar lemon in the future.

What good is your comment above?

Posted by stockmanmy > Jun 11, 2017 06:06 PM | Report Abuse
Jaks reaches $ 2 sooner rather than later.......now, that is good business sense.

ok ok, lets don't talk about something which is not materialized yet. Lets talk about your so-called business sense on your Jaks here.

Shoot.

Posted by Dragon88 > Jun 9, 2017 10:04 AM | Report Abuse
Thanks Jay for your respond and for your insightful explanation.
The reason I am actually thinking of holding the call warrant i bought till expiry is because it is actually trading at discount (negative premium) compared to the mother share, i.e. if the cw expires today, I would make more money compared to its current warrant price.
Thanks again Jay for the info and explanation. :)


I held call warrants to expiry a number of times, precisely because of the discounts and leverage they offered. There is a small settlement cost.

Ensure the mother share is very liquid such that it cannot be manipulated in price the last few days, for example it is hard to control the price of AirAsia, Genting or TopGlove.