Posted by walau2u > May 6, 2017 05:46 PM | Report Abuse
Kc, how about your prkcorp? Tq

What about Prkcorp?

Haven't you learned a good lesson on a speculative endeavor on risk arbitrage from the article I wrote on it about a long four years ago. It was free too.

Posted by stockmanmy > May 4, 2017 12:37 AM | Report Abuse
People got $ 200 million in the game , sailang....I think that is the real meaning of sifu
He drives Rolls Royce, he earned it.

I really shake my head with this kind of mentality. Some more,

Posted by stockmanmy > May 3, 2017 12:40 PM | Report Abuse
ps.....not to worry., I will guide you all along and it is all FOC.

By the way, there is a good article for you to learn something here,

http://klse.i3investor.com/blogs/kcchongnz/121724.jsp

Posted by stockmanmy > May 3, 2017 09:48 AM | Report Abuse
kc
the most profitable trades / investments come from taking a risk, and proven right later....turnarounds are one of them.....

You are really an eccentric fellow. You talk so much about “sailing”, taking risk etc. but without knowing what “risk” is.

That for example, you talked about investing in Jaks nowadays so much as if it is the investment of the century. Have you quantified what the return will be? have you measured what the risks are?

What is its return versus its risks? Or what is the return per unit risk?

Are you happy if you “sailing” for an investment with the potential return of say 12%, but the risk of losing all is 80%, or a return per unit risk of 0.15?

When you “sailing” an investment now, with the risk of losing all, you only hope that it will be proven right and become “the most profitable trade” without knowing what your return is likely to be, rather than doing a probabilistic study?

Some more make a statement as below?

Posted by stockmanmy > May 3, 2017 12:40 PM | Report Abuse
A lot of people now tries to make a living out of the Wall Lone Buffalo name...but what can be taught become popular memes, it is what cannot be taught become priceless.
ps.....not to worry., I will guide you all along and it is all FOC.

I really don't know what to say about you.

Posted by stockmanmy > May 1, 2017 06:35 PM | Report Abuse
kc
so scared of market...should learn and teach diversification rules aka CFA rules.
I didn't learn the real meaning of "only free lunch in town is diversification " until I read through my son's CFA text books and notes.
alternatively, the right attitude is....if KYY can succeed , so can I.....so I spend my time learning how to sailang.
sailang is not easy to learn. How do you unlearn a whole life time of habits?



My article here is about the below,

"People focus on role models; it is more effective to find antimodels -- people you don't want to resemble when you grow up." -- Nassim Taleb

If you can do that, you will be successful and living happily thereafter.

Posted by stockmanmy > Apr 29, 2017 05:15 PM | Report Abuse
KC wants to make his living selling you accounting rules
For more than one year, I have tried to convince him to make a living selling you diversification rules or CFA rules instead of CPA rules.

Ah forgot. I have taught hundreds of people to follow the "right path" in investing, and greatly rewarded with the gratitude they have expressed to me, and at the same time, help many people to earn extra-ordinary return from investing.

You won't know the kind of great feeling I have got.

Yes, I have got some monetary reward too, happily and willingly given by my course participants. But that is secondary.

Compared to what you have done for the past one year, how you have wasted your time in i3investor mumbling about dynamite investor, panic moment, sailang etc.

Posted by stockmanmy > Apr 29, 2017 05:15 PM | Report Abuse
KC wants to make his living selling you accounting rules
For more than one year, I have tried to convince him to make a living selling you diversification rules or CFA rules instead of CPA rules.


For all I know, for the past one year, the only thing you have been doing is PLP, and nothing else.

But I think you have done pretty well in that, congrats, though it is not a pleasant thing to do, for a respectable person with honor.

Posted by stockmanmy > Apr 24, 2017 08:00 PM | Report Abuse
.The author, Anshul Khare certainly know what he is writing about.....
The issue is.....do you?
ricky? probability, even KC? OTB? IB analysts? eyes?


Anshul is definitely a great investor and his article here is great. But do you, an accountant(?) with absolutely no knowledge in accounting for investing, understand what message is Anshul trying to convey?

No, you don't. You got the completely wrong interpretation.

Does he say you forget about having a feel of the value of the company?

He is talking about false sense of precision in intrinsic value. We need to have a feel of the IV, but not a precise number.

We need to use spreadsheet to make analysis, but we do not need elaborate models, complicated assumptions.

Got it?

You are so superficial. OMG!

Posted by stockmanmy > Apr 24, 2017 02:26 PM | Report Abuse
kc
you don't want to admit it....I too lazy to dig it up.
"about your holdings in JHM....so where is your previous post?
the post that says, until recently, your largest holding is in JHM...".......


After so long still can't dig it up? So, is there one, or you are a big liar.

Well, in order to clear your name as a big liar, besides a big PLP, you better dig it out, by hook or by crook.

Posted by stockmanmy > Apr 24, 2017 01:03 PM | Report Abuse

kc

who teach you that you need to be an accountant to be successful in investing?

ME: SPINNER AND TWISTER, SHOW ME WHEN AND WHERE DID I SAY "you need to be an accountant to be successful in investing?"

about your holdings in JHM....so where is your previous post?

ME: DID I SAY ANYWHERE IN MY POST THAT "THERE WAS A PREVIOUS POST" ON JHM?


the post that says, until recently, your largest holding is in JHM..........so rich, why you still need tuition fees?

ME: DID YOU READ MY "PREVIOUS POST"? WHEN, WHERE? ANYONE ELSE "HAS READ" IT BESIDES YOU?

WHEN AND WHERE DID YOU READ THAT I CLAIMED I AM "SO RICH"? WHAT IS WRONG TO CHARGE A FEE FOR PROVIDING A SERVICE? DO I STEAL? DO I ROB? HAVE I PUMPED AND DUMPED ANY STOCK HERE BY WRITING STORIES TO MAKE MONEY FROM ANYONE HERE?

DO I PLP AND AND GET SOME TIPS AND SCORN EVERYONE ELSE HERE TO EARN A LIVING?

But I guess it is hard for you to heed the above advice, as you keep on idolizing and following a not-so-good example of using "very harsh/provocative/offensive rebuttal to all his critics".

A good advice.

Posted by Sslee > Apr 8, 2017 04:36 PM | Report Abuse
Dear all,
I am glad to read the above articles by Mr. Koon and happy to know that he had stopped buying JAKS as his last purchase is on 31th March 2017. For many days I am actually worrying and concerned why Mr. Koon keep buying JAKS and selling his other holding?
Mr. Koon already give his reasons and true to himself also give a very harsh/provocative/offensive rebuttal to all his critics which in returned draw in even more response from his critics.
I would like to quote,” Criticism is dangerous, because it wounds a person’s precious pride, hurt his sense of dignity and worst arouse resentment and make him strive to justify himself and take his revenge at whatever price.”
Any fool can criticize, condemn and complain – and most fools do. But it takes character and self –control to be understanding and forgiving.
It is my hope that everyone will think before criticize.

My advice to stockmanny, “Everyone should be respected as an individual, but no one idolized. – Albert Einstein

Yes Mr. Koon deserve respect for many good things he had done for the nation and society and if you respect Mr. Koon then please stop all your silly comments in condemning Mr. Koon critics which is actually a disservices to Mr. Koon.

Posted by stockmanmy > Apr 23, 2017 11:50 PM | Report Abuse
as for Sendai, now that KYY has revealed his hand, don't condemn it just yet.

ME: WHO CONDEMNS IT. YOU SAID KYY TOLD YOU I WON'T BUY AND I AGREED.

It is Malaysia's very own MNC operating in 15 countries , 15,000 staff.

ME: WHO CARES HOW MANY COUNTRIES IT IS IN AND HOW MANY STAFF IT HAS. BUT DID IT MAKE MONEY IN THOSE COUNTRIES? OR RATHER HOW MUCH IT LOST?

Not smart to condemn a maverick investor who invests in a turnaround situation. KYY is not a maverick for nothing.

ME: MAVERICK? WHO CONDEMNED HIM? I HAVE NEVER. I RESPECT THE ELDER, BUT IT JUST THAT I DON'T PLP LIKE YOU.

KYY shares his investments, online, in real time....unlike that KC who out of the blue and all of a sudden says JHM is his biggest investment after JHM up 1000%......hahahaha.

ME: WHERE DID I SAY IT IS MY BIGGEST INVESTMENT? PLEASE SHOW. HERE IS THE LINK.

http://klse.i3investor.com/blogs/kcchongnz/120894.jsp

ARE YOU TELLING LIE, TWIST AND TURN?


so rich, why so angry with me for breaking your rice bowl?

ME: WHO SAID WHO IS SO RICH? YOU BREAK MY RICE BOWL? CAN YOU? WITH WHAT?

Posted by stockmanmy > Apr 23, 2017 04:50 PM | Report Abuse
If KC gets squeezed out....that is because he is not good enough, nothing to do with me.
KYY just told me KC/OTB would not buy Jaks/ Sendai because they reported losses but that is so short sighted.


Ok, ok, ok, we know you fantastic relationship with kyy. We know how kyy treasure your "expertise". Congrats. But do I care? anyone here cares or envies about you?

This you are correct. Yes, I won't buy Jaks nor Sendai. I know OTB won't too. I mean at these prices.

Short sighted?

I really don't know what outcomes will be for Jaks and Sendai. But I had given someone a free service less than 3 years ago regarding quite a similar situation, yes, on Mudajaya when it was selling at about RM2.70 a piece. So, you are damn sure that I won't simply buy construction companies stocks, especially when they have not demonstrated their ability to make money. You know a famous investor also said many times how difficult is it for construction companies to make money.

By the way, do you know how many construction companies who ventured overseas had made a lot of money, or any money at all?

I know some of my friends had made money buying Jaks from RM1.00 when knowing kyy started to buy Jaks, and many others too if they sell the shares now. They are very clever to use behavioral finance, a new branch of behavioral finance, i.e. capitalizing the ego of someone. Some PHD students should look into this as a doctorate thesis.

But has kyy made money already pushing up their prices up these levels? Can he make money now to start selling down his holdings on Jaks and Sendai? What would be the effect on the share prices when he starts to sell down?

Posted by stockmanmy > Apr 23, 2017 04:13 PM | Report Abuse
KC cannot tolerate it when I state what is obvious ...........
Moral of the story.
You really need to be an outsider, with the right character, attributes to be extraordinarily successful in this business.
No CFA, no accountant, has risen so far, so high.
KC wants to make a living telling people about accounting stuffs....not knowing I am a qualified accountant myself....wants to call me fake accountant.


What you wrote certainly have given me doubts about whether you are really a qualified accountant. You don't even know what is enterprise value, what is ROIC and many other simple accounting terms.

I believe, not only me, most people here also doubtful about your credibility as an accountant. You demonstrated that.

Posted by stockmanmy > Apr 23, 2017 03:53 PM | Report Abuse
I am not like KC....suddenly, out of the blue , telling us JHM is his biggest investment...while I know you, ven made a huge killing in JHM and I made fum of JHM as a Proton contractor ...which it was, at one time.


Let me show you what kind of IQ and character you have.

This is the link I wrote about JHM.

http://klse.i3investor.com/blogs/kcchongnz/120894.jsp

Tell me when and where "suddenly, out of the blue , telling us JHM is his biggest investment...while I know you, ven made a huge killing in JHM" as stated by you.

You just love to bluff, cheat, spin, twist and turn. What good are you?

Posted by stockmanmy > Apr 23, 2017 04:54 PM | Report Abuse
I don't replace OTB.
no such ambition, never have and never will


This is really funny. Do you really think you have the capability of OTB? OMG!

Posted by stockmanmy > Apr 18, 2017 02:30 AM | Report Abuse
kc
Professional services companies, accountants, lawyers, engineering consultants are high ROIC companies....you cannot buy every God damned high roic company................these companies by definition do not have high fixed assets...and when they make money, they are all high ROIC companies
KC....I find your IQ no better than a kinder gardener in the business world.

So, if an established accountant or engineering consultancy which earns RM10m net a year is offered to you, guaranteed with the same net profit for the next few years because of existing clients, for RM15m. Isn't that a good buy?

My IQ a kinder gardener? Then what kind of IQ is yours in investing? Have you shown that you have any IQ at all?

Moneysifu,

Excellent sharing. You are a good investor with many good treats such as humility, following a proven process of investing, understand the role of luck, and good in risk control, etc.

Well done and jia yu.

Posted by Flintstones > Apr 10, 2017 08:12 AM | Report Abuse
Kc always bring up his 2013 portfolio to justify the greatness of his investing skills. But one should always remember you are as good as your last trade, or in kc words investment. Kc is just like the liverpool football club of i3. Always trumpeting his past glory!


Flintstone, it is hard for you to get it. I don't blame you.

VAlue investing is a long-term endeavour. It is not a 100m sprint. It is Maraton. Look at how WAlter Schloss in this article compounded his $100000 to $22.3 m in 23 years!

I have no intention to trumpet my return. It is merely used to show that in Bursa, value investing also works, in the long-term. To do that, I have to use my own personal experience, with published records rather than hearsay, and the longest portfolio I have is that of 2013.

This is also trying to show people like you who make funny comments like that, despising value investors, and continuously making personal attack, but you don't even know what it is. Open your mind, instead of living in a cocoon.

[Posted by Flintstones > Dec 2, 2016 12:05 PM | Report Abuse http://cdn1.i3investor.com/cm/icon/trans16.gif

Posted by paperplane2016 > Dec 2, 2016 12:03 PM | Report Abuse
hahahaha.,.,.,.,.,.,kc chong write fancy FA studies, but still fail to make money.
Reason: Tak ADA COMMON SENSE mah!!!!
hahahaaaaaaaaaaaaaaaa
He probably makes more money from his followers lah]

Posted by Kukuman > Apr 9, 2017 02:50 PM | Report Abuse
JAKS through wholly-owned JPH jv with CPESS to form Jaks Pacific Power Ltd at 50:50 arrangement. After full subscription of RCPS, CPECC will have effective stake of 70% of the IPP. CPECC will not allow this IPP to fail. Check out who CPECC is. China too will not allow this to fail either. CPECC is business, China is politic.
Understand? Many have limited knowledge on this and the stock market and started to give many twisted facts and discredit everything under the sun ! Stupid as stupid does
I addressed this intellectual information with you because I see you are more credible character unlike others


Thank you very much for this information. Yes, I understand this 70%:30% Jaks Pacific Power Ltd, say JV. Yes, I believe every party will try to make this JV works.

For the EPC doing the construction works, is it also a 70%:30% share? Let's call it JV1.

I read that during construction, Jaks will make a lot of profit from construction. So it seems that Jaks will also get 30% of this profit.

But the money is still from JV, which got loans from banks. So is Raider's claim that the construction profit is from right pocket to left pocket correct?

Am I missing something?

Posted by Kukuman > Apr 9, 2017 02:26 PM | Report Abuse
This is pure assumption, dude. An academia like you should not do this kind of assumption. it is a very bad Malaysian twisted mindset


I admit I do not know the deal and just trying to understand it. No need to differentiate fellow human being whether one is a Malaysian or agweilo.

If JV1 is also 70-30, then no party is disadvantaged.

But I see no party is advantaged too as the money is still paid by JV, the same parties. The right pocket to left pocket as mentioned by Raider. Am I right?

Posted by r°Moi > Apr 9, 2017 02:27 PM | Report Abuse
In your mind... you have a pre prejudice against China companies...


Why do you say so? I am just asking question and try to understand this deal.

Posted by r°Moi > Apr 9, 2017 02:22 PM | Report Abuse
This twisting the fact and the term of the JV agreement
Frivolous!!!!!

I have to admit that i do not know the terms at all. Just asking questions.

And the Chinese can jack up the construction cost.

On the other hand, if the Chinese says, I do all the work and you do nothing, so I only give you 5% of the construction profit. Then Jaks may be at a big disadvantage as the Chinese get 95% during construction, and the money is paid by the JV, which 30% belongs to Jaks.

Posted by Kukuman > Apr 9, 2017 02:10 PM | Report Abuse
You are not quite right on the 50% of the JV. Also JAKS not having to do any works is not quite right too. It is simply not possible!

Of course Chinese won't give 50% of JV1 to Jaks. But if the JV stake is 70:30, and JV1 is also 70:30. JV pays JV1. What is the big deal about Jaks in construction profit?

Of course if Jaks doesn't have to do any work, or much work and still get 30%, that is good.

I just cannot understand why the Chinese are so generous if that is the case.

Posted by stockraider > Apr 9, 2017 01:18 PM | Report Abuse
The Jaks EPC...is left pocket & right pocket mah....it is own monies paying ownself from left pocket to right pocket mah...!!
Also remember...the taiko of the project... is CHINA co the JV partner...not Jaks who is only a minority partner loh...!!
No cash will flow into Jaks for the next 5 yrs loh...!!

The above is always in my mind.

Jaks and China company forms a JV to develop a power plant. They get borrowings from the banks.

Start construction. JV pays the contractor. The contractor makes construction profit. Where does the profit of the contractor comes from? From Santa Claus the banks?

Now who is the contractor? Who will be the main party who does the construction?

You pay money to the one who does the construction, right?

In normal contract, the one who does the work gets paid, and paid by the JV.

So who gets the construction profit? The contractor, of course.

Of course a deal can be structured in such a way that whoever does the work, another JV, say JV1 gets the money.

It would be fantastic that Jaks hold 50% of JV1, get paid 50% for the construction works, without having to do any work.

I wonder Chinese company is so generous.

I am not sure if I got the right logic.

Posted by Flintstones > Apr 9, 2017 06:14 AM | Report Abuse
You guys dont shoot jt yeo so much la. Although he has no track record in i3, he has posted many good articles which content is original. Please keep up the good work! One must remember investing is not just about making money. It is also about learning.


Good on you Flintstones for coming out with a very good comment.

Come on, this is a very good article, and JT is sharing it here. It deserves good comments.

I cannot imagine there is someone who posted such a comment below. In my opinion, JT Yeo is a much better investor than him, whether theoretically or practically.



Posted by valuelurker > Apr 8, 2017 04:51 PM | Report Abuse
Stop misleading ppl la who says you cant use PE
I pity all the aunty's and uncle's and general public who read this who are going to dismiss earnings multiples
There's a thing called Fundamental PE, google it and let Damodaran lead the way. It ties in all the ROC/ROIC/ROE and costs of capitals (ie 'excess returns'), with growth, and how a deficit actually destroys value when you grow etc
When it comes to the mathematical / theoretical, the very foundations of intrinsic valuation, youre weak. You need to ask yourself, how many years have you been doing this, and if you read and spent that much time but still do not 'see' or are able to 'connect' these concepts......
Youre a pro or youre a noob, thats life

Posted by enning22 > Apr 7, 2017 05:40 PM | Report Abuse
kcchongnz kindly educate yourself first , and not to mislead othersas whim , The Last VS episode , clearly showed you have many things to learn.

I would like you to go back the few articles on VS which I have written to share my opposing view of what I thought about VS at that time. You know I have shared many things in i3investor, without any motive, but just for the sake of sharing.

Tell me what, which, where, how I mislead. What "whim" used?

Tell me what can I learn from you too.

I do admit that I cannot predict the future, and I did not do that for VS. I won't be able to forecast the share price in the future, and hence won't know the future of VS. Neither was I able to know the business of VS in the future, which seems to be doing better now.

I also admit that I am human, a retail investor, and I can be wrong too.

Flintstones Oh kc my kc! One bitten twice shy! I am encouraging you to write more about specific stocks to point out the flaws in your methodology! At the same time you can promote your subscription business to the readers who like your method mah!
09/04/2017 09:47

Oh I like that. I like people pointing out my mistakes. I am sure I have made some mistakes. writing so many articles in i3investor, it is inevitable. By getting constructive feedback, I learn too. But I haven't seen any from you yet, I think.

Posted by yenhui_koh > Apr 9, 2017 12:17 AM | Report Abuse
To be honest, I would suggest KC to stop replying. It's just a waste of time.

Thanks Yen Hui,

I thought I just want to have some fun.

but you are right.

Excellent presentation.

If I were KKY, but I never never wish to be one, this is the type of person I should feel good about when he praises me, not this Stockmanny.

Just like medicine, if it is bitter, it is usually good.

I hope you take this advice. It is also free.

Just don't understand the necessity of the last paragraph.



Posted by Sslee > Apr 8, 2017 04:36 PM | Report Abuse

Dear all,
I am glad to read the above articles by Mr. Koon and happy to know that he had stopped buying JAKS as his last purchase is on 31th March 2017. For many days I am actually worrying and concerned why Mr. Koon keep buying JAKS and selling his other holding?
Mr. Koon already give his reasons and true to himself also give a very harsh/provocative/offensive rebuttal to all his critics which in returned draw in even more response from his critics.
I would like to quote,” Criticism is dangerous, because it wounds a person’s precious pride, hurt his sense of dignity and worst arouse resentment and make him strive to justify himself and take his revenge at whatever price.”
Any fool can criticize, condemn and complain – and most fools do. But it takes character and self –control to be understanding and forgiving.
It is my hope that everyone will think before criticize.
My advice to stockmanny, “Everyone should be respected as an individual, but no one idolized. – Albert Einstein
Yes Mr. Koon deserve respect for many good things he had done for the nation and society and if you respect Mr. Koon then please stop all your silly comments in condemning Mr. Koon critics which is actually a disservices to Mr. Koon.
Dear Mr. Koon,
I had to admit that I did not buy JAKS as I only have limited money and I had used my limited money in INSAS and DNEX. My apology and hope for your understanding.
Thank You.

Posted by stockmanmy > Apr 8, 2017 03:54 PM | Report Abuse
kc
Glad you came back....
I was just speculating. I never asked and KYY never told.
Is it true you were sacked because you put his money in Ace market?


SACKED? I TELL YOU WHAT, ANY PERSON WHO HELPED HIM ON HIS REQUEST TO MANAGE HIS MONEY WOULD SACK HIM. EVEN AN INVESTMENT BANKER WHO HAS SOME MORAL, CREDIBILITY AND HONESTY WOULD SACK HIM TOO.

THIS ARTICLE APPEARED SOME TIME AGO IN I3INVESTOR. READ IT AND YOU WOULD UNDERSTAND WHAT I SAID ABOVE,

http://klse.i3investor.com/blogs/kcchongnz/110836.jsp

YOU ARE ENCOURAGED TO READ AND UNDERSTAND IT, INCLUDING ALL THE COMMENTS IN THE THREAD.

OH BY THE WAY, HE APOLOGIZED TO ME HERE,IN CASE YOU DON'T KNOW

https://klse.i3investor.com/blogs/koonyewyinblog/110867.jsp

ONLY TO COME BACK TRYING TO "BREAK MY RICE BOWLS" AGAIN AND AGAIN.

Posted by stockmanmy > Apr 8, 2017 04:08 PM | Report Abuse
kc
My image of a Value Investor is one who is prudent, conservative, risk averse..A traditional old Banker, you know what I mean.......I am sure most people shares my idea.

ME: SURE? DO YOU ACTUALLY SEE A SINGLE PERSON SHARES YOUR VIEW SO FAR, AFTER REPEATING TENS OF TIMES WITH YOUR ABOVE STATEMENTS?

Ace market don't fit the bill. Form over substance perhaps, but form very important if you are managing other people money.

ME: WHAT FORM? WHAT SUBSTANCE? YOU HAVE ANY SUBSTANCE? I HAVEN'T READ ANYONE AGREEING WITH YOU YET.

so...stupid or fraud that led you to hang pig head to sell dog meat?

ME: FRAUD? SEE HOW MANY PEOPLE ALREADY DISCOVER YOU ARE TRULY A FRAUD.

The moral of the story is; do not blindly worship anybody, whether he is old, rich, intelligent, philanthropic etc. Judge by his action, and not what he says. Judge what he has done, and not what he said he has been doing. This world is full of deception, half truths, lies and more lies.

Posted by stockmanmy > Apr 8, 2017 01:39 PM | Report Abuse
The point is...You cannot go around town telling people you are a Value Investor and then turn around and put the money in Ace shares....I think that is a fraud.

ME: YOU HAVEN'T TELL US WHAT IS VALUE INVESTING, I MEAN REAL VALUE INVESTING YET. SHOW US SOME CREDIBLE DEFINITION OF VALUE INVESTING PLEASE. IT IS EASY, IF YOU HAVE NO IDEA, JUST GOGGLE AND THERE ARE TONS OF DEFINITIONS OUT THERE

FRAUD? A PERSON WHO CLAIMED HE IS AN ACCOUNTANT AND YET KNOWS NOTHING ABOUT ACCOUNTING, IS CLEARLY A FRAUD TO ME.

I too would sack the guy immediately I found out about it.

ME;THAT BRINGS BACK SOME UNPLEASANT MEMORIES, MEMORIES OF SOMEONE I USED TO RESPECT SO MUCH. SOMEONE WHO REQUESTED ME TO MANAGE HIS ACCOUNT AND THEN HIS WIFE'S ACCOUNT. SOMEONE I HAVE SAVED MILLION SELLING OFF HIS LEMON SHARES, AND CAME OUT WITH THIS ARTICLE, MAKING BASELESS ACCUSATION.

https://klse.i3investor.com/blogs/koonyewyinblog/110760.jsp

IT WAS GOOD ACTUALLY AS IT GAVE ME A REASON TO CLARIFY MYSELF,

http://klse.i3investor.com/blogs/kcchongnz/110836.jsp


Use your own money do what ever you want.....but to hang pig heads to sell dog meat....that is a fraud.

ME: WHAT IS A FRAUD? GO BACK TO THE BEGINNING.

Posted by stockmanmy > Apr 8, 2017 01:10 AM | Report Abuse

IT shares and ACE market shares are by definition Growth Investing...you are investing for growth.

ME: WHOSE DEFINITION IS THAT, THE SUPER INVESTOR STOCKMANNY?
I MEAN MANY PEOPLE DEFINE IT DIFFERENTLY, BUT I HAVE NEVER HEARD OF THIS DEFINITION.

Different skill sets, different mentality from Value Investors.....

So, I imagine you are a Value Investor because you said so yourself.

ME: YOU JUST DON'T GET IT BUT JUST SIMPLY BARK. THIS IS WHAT I TALK ABOUT VALUE INVESTING. FOR HEAVEN SAKE, READ IT AGAIN AND AGAIN AND TRY, AT LEAST TRY TO LEARN SOMETHING.

https://klse.i3investor.com/blogs/kcchongnz/53835.jsp

When image and reality don't match, that is when I say you are a fraud.

ME: WHAT IS A FRAUD? TO ME ONE WHO CLAIMS HE IS A CHARTERED ACCOUNTANT BUT KNOWS NOTHING ABOUT INVESTING, CARE NOTHING ABOUT THE LANGUAGE OF A BUSINESS WHEN INVESTING, NOTHING ABOUT FIGURES AND NUMBERS, BUT KEEPS ON SCORNING OTHERS, IS A CLEAR FRAUD.

Posted by stockmanmy > Apr 8, 2017 01:28 AM | Report Abuse
you remember when I first come to this forum, I only wanted to talk about diversification and diversification as the only free lunch in town.

ME: OH? REMEMBER WHO, WHAT?

now, I try as much as possible to sailang...but not easy. There is this survival factor, the fear factor. Fear is difficult to over come.
I try to....get more courage to sailang when opportunities come.
It works wonders......


ME: Wow, the evolution of a super investor! When are you going to write a book on book on that?

I,with many years experience, can judge a person very well. I don't simply worship anybody just because he is rich.

Posted by stockmanmy > Apr 8, 2017 12:32 AM | Report Abuse

Both KYY and I are old school.

ME: OLD SCHOOL? DYNAMITE INVESTING, PANIC MOMENT, SAILANG ETC. OLD SCHOOL?

Know nothing about ACE market shares and little interest in IT shares.

ME: SO PROUD OF "KNOWING NOTHING"?

and I always thought academician and self proclaimed Value Investor must be a conservative investor, prudent and risk adverse investor....

ME: SEE HOW FLAWED YOU ARE? WHERE YOU GET THE IDEA THAT VALUE INVESTOR IS CONSERVATIVE, RISK AVERSE (NOT ADVERSE PLEASE)?

PLEASE GO AND READ WHAT VALUE INVESTING IS. DON'T BE A FROG IN A WELL.

How would I know you are such a gambler in Ace Market shares?

ME: INVESTING IN A FAST GROWING COMPANY WHEN IT IS SELLING CHEAP WITH THOROUGH ANALYSIS (RATHER THAN USING DYNAMITE) A GAMBLER? YOU MUST BE KIDDING!

Different frequencies, no wonder KYY and you cannot get along.

ME: THIS YOU ARE RIGHT. I HAVE MY OWN SELF ESTEEM, DIGNITY AND PRIDE, AND CREDIBILITY. I WALK TALL, YOU KNOW.

Posted by stockmanmy > Apr 7, 2017 10:51 PM | Report Abuse
I am not a gambler like you....I am a Dynamic Investor....almost all my shares are industry leaders...CSC...I bought $ 1.70./1.80 sold around $ 2.25


So, you were promoting CSC Steel furiously at RM2.30+, but sold at RM2.25? Is that your normal modus operandi.

You may have a quarrel with raider, but Jon Choivo, is a credible witness as I can see from his other comments.


Posted by stockraider > Mar 30, 2017 11:29 AM | Report Abuse
Yes...mammy did promote CSC at Rm 2.30....citing game changer...this & that loh.....!!
Now price come down alot already....sing a different tone loh....!!
Raider always says csc and choobee are brothers.....in steel ind...not csc game changer as claimed by kyy and his side kick mammy loh...!!

Posted by Jon Choivo > Apr 5, 2017 03:19 PM | Report Abuse
Stockmanmy, yes you did.
I distinctly remember reading it, you can delete your post, but doesnt mean its not true.

Posted by stockmanmy > Apr 7, 2017 10:37 PM | Report Abuse
I call myself Dynamic Investor, but I don't investigate Ace counters......funny or not?


Not funny at all. It is expected because you know nothing about value investing.

Oh, I almost forgot to tell you. My biggest gain this year is another ACE company, or once an ACE company, JHM. This was one of the biggest weightage in my portfolios until yesterday.

Its share price gone up by 156% since beginning of this year.

Yeah, it is not funny for you who use dynamite investing and buy UMWOG and CSC Steel at RM230+, "sailang" at this price and still claimed making money.

That is the huge difference between a value investor and a dynamite investor. Got it?

Posted by stockmanmy > Apr 7, 2017 10:12 PM | Report Abuse
the right question to ask when buying shares is.....what is the business trend for the next ...(xyz ) periods you want. what is the history of the shares and the fundamentals.
it is a wrong question to ask...what is my 30% margin of safety? what is the true valuation or what is the target price are also wrong questions.
these are no good answers to such questions.
As KYY puts it......the most pertinent question would be.....would the EPS go up or not?


So tell us your success story.

So did you ask the question if the EPS going up or not a few years ago on XingGuan, Mudajaya and Jayatiasa?

Posted by stockmanmy > Apr 7, 2017 09:41 PM | Report Abuse
Value investors should not recommend Ace counters and Fibon which has a $ 1 m turnover a month. Value investors are supposed to be prudent, conservative and risk adverse.


Haven't got enough?

Look at another ACE counter, Willow. its share price has risen 35% from 75.5 sen on 1st January to RM1.02 now. It is in my 1st August 2013 portfolio, Table 2 here,

http://klse.i3investor.com/blogs/kcchongnz/119863.jsp

its share price has risen by 113% since then compared to your 20% in Genting during the same period.

So?

Posted by stockmanmy > Apr 7, 2017 09:41 PM | Report Abuse
kc
can get dozens of casino licences at net tangible value cheap enough or not?

ME: LONDON BISCUITS HAS A NET TANGIBLE ASSET OF ABOUT rm2.00, CHEAP OR NOT? SEE WHAT PRICE IS IT TRADING?

that should be more objective than what is your valuation on XYZ compared to my valuation on XYZ.

ME:OBJECTIVE? OBJECTIVE BASED ON WHAT? DYNAMITES?

Value investors should not recommend Ace counters and Fibon which has a $ 1 m turnover a month. Value investors are supposed to be prudent, conservative and risk adverse.

FIBON SHARE PRICE ROSE 159% SINCE I SHARED IT IN I3INVESTOR WHEREAS GENTING GONE UP ONLY 20%.

NO SUPER INVESTORS, I MEAN TRULY SUPER INVESTOR, TALK ABOUT MARKET CAP TO DETERMINE IF IT IS UNDERVALUED. THEY TALK ABOUT PRICE VERSUS VALUE.

GIVE YOU ANOTHER EXAMPLE OF A STOCK IN ACE MARKET IN MY PORTFOLO, SALUTE. ITS SHARE PRICE ROSE 40% SINCE 1 JAN 2017 FROM RM1.10 TO RM1.76 NOW.

ANOTHER ONE IN MY PORTFOLIO, MMSV ROSE ALMOST 100% FROM 53.5 SEN FROM 1ST JANUARY TO RM1.03 NOW.

SO, WHAT WAS YOUR RETURN FROM GENTING DURING THE SAME PERIOD.

IF THIS IS NOT THE OUTCOME OF VALUE INVESTING, WHAT IS IT? DYNAMITE INVESTING?

Posted by stockmanmy > Apr 7, 2017 09:19 PM | Report Abuse

One more secret....

ME;ANOTHER SECRET, WALAU!

I think it is a liability to ask me what is the valuation of Genting or any stock for that matter., or for me to give even if I have one.

ME;OF COURSE IS LIABILITY TO YOU. HOW TO GIVE WHEN YOU GOT NO CLUE AT ALL?

We know what is today...we do not know what tomorrow brings. So, what valuation you want to talk about? Bull market valuation? Bear market valuation? some where in between? and if tomorrow things changes, then how?

ME; WALAU, LIKE THAT ALSO CAN?
WHAT A BUSINESS IS WORTH CAN CHANGE JUST OVERNIGHT. WALAU!
A BUSINESS CHANGES EVERYDAY, WALAU!

Your job is to squeeze as much profit out of it as you can.... I have not been very good at that. My strength is in identifying stocks that look interesting and reward should out weight risk based on current trend and current conditions.

PROFIT = PRICE - COST

HOW TO "SQUEEZE" PROFIT WHEN YOU HAVE AN UNKNOWN IN THE ABOVE EQUATION?

Posted by stockmanmy > Apr 7, 2017 08:43 PM | Report Abuse
kc
in a zero sum game. ...
what do you want to imply with that?
you know it would be fake news and defamatory if you wish to imply what I think you want to imply.


Umm, please tell us this "secret" of yours of what you think?

Posted by stockmanmy > Apr 7, 2017 08:47 PM | Report Abuse
value investors are supposed to be prudent, supposed to be conservative, risk adverse,. You are not supposed to recommend Ace counters and Fibon.

Again, I never recommend you to buy Fibon, nor any other share.

Fibon's share price rose 31.22% since January 1 2017 when I first put in in my 2017 i3investor portfolio.

From 1st August 2013 when I put it in my published portfolio in i3investor, it has gone up by 159%, against the gain of 20% for Genting.

What is wrong with Fibon?

You know nothing about value investing. Absolute none. Kosong.

Let me teach you what is value investing, read here,

http://klse.i3investor.com/blogs/kcchongnz/89477.jsp


From Charles Munger,

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

“You’re looking for a mispriced gamble. That’s what investing is. And you have to know enough to know whether the gamble is mispriced. That’s value investing.”

Posted by stockmanmy > Apr 7, 2017 06:15 PM | Report Abuse
To tell you another secret............
I actually don't have a personal valuation of stuffs I buy. I look at analysts TP as a joke.
maybe, that is my weakness and maybe because of that I sell too early....I almost always sell too early.
actually the last few months very easy to make money one.....just jump into the theme of the moment...so many shares that I touched in last few months turned into gold but I always sell too early.


"Another secret"? Almost everyone knows your "secret". You just tikam. You know nothing about investing. That is okay, but the way you ridicule others, everyone and everything they share, and who know so much more than you,of course except one whom you praise as if he is a god,is incredible, unbelievable and mind-blowing.