Posted by Heavenly PUNTER Research IB > May 14, 2019 8:40 PM | Report Abuse
Unker KC, this is just like typical IBs, very dodgy credibility here. I always said consistency is key, you can't just say that this stock is good when price is going up, and flip prata the moment the stock price dropped. That's a good way to ruin your reputation and credibility.
Stick with your picks, and go all the way, if there's really something wrong, explain it clearly and give good reasons behind your decision!


Young man, you have much better investing mindset than many much older people, although you are not rich yet. This is reflected in your post below, though I don't agree with some of the stocks mentioned.

https://klse.i3investor.com/blogs/punterIB/206464.jsp

One day soon you will be rich. Try learn more, read more and gain more experience. You have a great future.

"I have sold some to avoid margin call: I made this decision based on the price trend, my margin position and not based on the basic good fundamentals. I strongly believe Dayang will outperform many other stocks as soon as the US-China trade war is settled amicably."


Promoting the stock non-stop from RM1.30 to RM1.70+, organized many seminars telling the whole world that everyone must buy Dayang, giving a target price of RM2.00, then RM3.00 and then RM4.00 etc. Two months later telling everybody he had sold some of them at RM1.20.

I seriously don't understand the logic, do you?

Posted by Choivo Capital > May 13, 2019 4:19 PM | Report Abuse
Thumbs up to OTB.
Mr Kc, is the only one here where, i actually read all his post in i3.
I have to thank him also for saving me from my foolishness, when i first joined i3, and hand itchy everyday trade left trade right.
Nothing wrong with trading, i just no skill and it don't suit me. KC help me realize it sooner and save me money.

Posted by SharehlderOppression > May 14, 2019 10:56 AM | Report Abuse
Keep up the good work Kcchongnz.
I am also a big advocate on the concept of margin of safety.

Posted by ks55 > May 14, 2019 12:05 PM | Report Abuse
Want to go for article with substance, go to kcchongnz's blog......
That is why I am here...........


Just to re-post here to keep me motivated, and hopeful write more to guide those who wish to build long-term wealth.

Thank you very much for the kind words; Choy, Sharehlderoppression, and others whom I have missed.

Posted by 3iii > May 12, 2019 11:21 PM | Report Abuse

Strong endorsement by otb.
(clap)
KC
How much do you charge for the whole course?
investbullbear@gmail.com
I would love to receive your eBook. Thanks.


3iii, you will get one eBook from me.

Regarding your question, here is a reply,

[Posted by Ooi Teik Bee > Jun 24, 2015 08:53 AM | Report Abuse
I want to give credit to Kcchongnz, he is the best FA Sifu, I learned the most from him. I had paid a lot of money to attend many FA courses, at the end I learned the most is still from him. I am a proud person, I will not appreciate you unless you are very good.
To be honest, I am not that good until I learn up FA from him. I had been making a lot of money in last 3 years especially 2014 despite market crash.
I was called up by a company which provide TA and FA teaching in the market, this company charged the fee > Rm 10,000 for the full course.
Mr Ooi, since you are a good friend of KC Chong, please tell him not to spoilt the market to charge so cheap in his course.
Likewise, Mr Ooi, you also should not spoilt the market too.]

Posted by Ooi Teik Bee > May 12, 2019 10:50 PM | Report Abuse
I learned all my FA report from KCChongnz.
I also learned cash flow from KCChongnz.
I strongly recommend all newbies to learn this basic FA from this good and responsible sifu ... KCChongnz.
My performance is so good because I learn my FA from KCChongnz.
Without good KCChongnz's guidance, I believe I will not make so much money.
Likewise, Mr Koon made so much money in 2015 because of my help.
Indirectly, without learning FA from KCChongnz, Mr Koon also will not make so much money in 2015.
I only give my due respect to those who really help me.
Thank you again Mr KCChongnz.
Your student.
Ooi Teik Bee


You see that is the joy of a teacher. I have student like OTB who has made very good return from the stock market, much more than what his teacher does. OTB is not the only one, there are many more.

I have students who are now fund managers, working in institutions or just in their own, and investing on their own for people in Bursa, Singapore, Hong Kong, USA and making very good returns. Yes, very good return, over 100% return in two years but now less because of the trade war, but still average 80% in three years. They are better than than teacher, and earn more than their teacher.

Of course not everyone of my student made money so far, but I strongly believe, in the long run, following the right path and process of investing, all of them will earn satisfactory return over the long run.

Knowledge wise, I also have many who are very good in real life investing, and they have gone further in investment knowledge and security analysis, and better and more than what their teacher knows.

That is the joy of a teacher.

Thanks OTB for his kind words.

The more important thing is if you have accumulated millions, you must be able to keep it. Then RM10m in 40 years later is good enough.

On the other hand, even if you have RM100m, or RM200m, but if you don't know anything but purely listen to the quack quack quack to sailang and margin, that money can fly away, easily.

Haven't we seen it?

Posted by Heavenly PUNTER Research IB > May 13, 2019 8:05 AM | Report Abuse
Are you a millionaire?

Young man, there are many millionaires commenting in this thread here, trust me. Many of them are humble, men with humility. Only those tin kosong, in term of wealth, knowledge, and humility, here like to quack quack quack.

Don't worry, you can be a millionaire too in some years down the road. Follow my advice to the young people in this thread below,

https://klse.i3investor.com/blogs/kcchongnz/160185.jsp

It is easy if you are follow the advice closely and patiently. But one million is not good enough you get it when retire 40 years down the road, as it can't buy even one fifth, or RM200k worth of stuff now.

Try to accumulate at least RM10m when retire in 40 years, as it is worth RM2m of today's money. It is still ok.

You know you are lucky as there are people who are kind enough to advise you. For people like us, we had no guidance.

Posted by pjseow > May 13, 2019 7:48 AM | Report Abuse
Kcc, thank you for posting this article stressing the importance of FCF beside looking at PE . This is one of the key fundamentals in stock evaluation. In fact the stock guru ColdEye rank FCF higher than DY and ROE in his 5 major criteria in stock selection. I also like your article on the 8 wonder of the world and the power of 72 highliting plus teaching many novices the maths in wealth accumulation.

Thanks for your comments. Reading this type of comments once a while motivates me on what I am doing now.

Posted by qqq3 > May 12, 2019 9:20 PM | Report Abuse
and as for Sendai....the significant thing about Sendai is that in the Auditors' report you find this discussion.........

Included in the amount owing by customers under
construction contracts and trade receivables is an amount
of approximately RM241,137,000 and RM235,050,000
respectively, relating to contracts for construction of
two liftboats for a related company. The assessment
on recoverability of the both balances from the related
company involves significant management judgement.

This 2 liftboats have caused the gearing and borrowings to shot up. well....As a contrarian, I can buy Sendai because to me 50 sen is a safe level and the amounts transferred to receivable $ 235 million should be recovered by next results.


This constitute a qualification from the auditor, a serious affair for Sendai. Imagine, the auditor has reservation and sounded it out loud in the annual report that they were uncertain if the amount of trade receivables owing by the related party of the two lift boats done by Sendai, one already delivered a year ago, are recoverable.

And imagine, a self-proclaimed retired accountant can't even fathom it.

Posted by Outliar > May 13, 2019 1:31 AM | Report Abuse

Your Revenue in Table 1 for 2018 does not match the Revenue in Table 2 for 2018, as well as the EPS, didnt calculate the rest, is there an error there?

Table 1 results were from un-audited quarterly report. Table 2 is from latest annual report which is audited. There was some small reconciliation.

In investing, it is better to be approximately right, rather than precisely wrong.

Posted by Heavenly PUNTER Research IB > May 10, 2019 6:39 PM | Report Abuse
Yes Unker I understand that, that's why I only buy good quality companies. Losing 1 year is worse than having low returns for many years. Thanks for the lesson, Unker KC

Young man, you have future.

By the way, I have written a eBook, specially for young people. Are you interested to get a copy? Trust me, it will be useful for you. It is not stock pick though.

You see, the most important thing in investing is not to lose money. Actually it is not to lose big money. Because if one year you lose big such as a loss of 59%, it would normally take 10 years for you to recover to the original position.

So for investor who makes 20%, -2%, 15%, 8%, -3%, +30% each year is much better off than investor who makes 50%, -40%, +80%, -60%, +5%.

Posted by Heavenly PUNTER Research IB > May 10, 2019 6:24 PM | Report Abuse

How reliable is this information?

>>>>>>>

Posted by kcchongnz > May 10, 2019 6:13 PM | Report Abuse

And that include the hands which fed you, who lost more than RM100m because you keep on asking him to sailang more and more!


Absolutely!

I really don't know what is the fuss about my portfolio. I am still making 3%. If annualized, it could be 10%. If I could maintain it every year for 20-30 years, I will be one of the top performers investing in Bursa.

Anywhere, isn't my portfolio better than the 2 below who lost 37% and 59% respectively?

https://klse.i3investor.com/servlets/pfs/99613.jsp
https://klse.i3investor.com/servlets/pfs/99183.jsp

By the way, to me, investing is a marathon, not a sprint.

And that include the hands which fed you, who lost more than RM100m because you keep on asking him to sailang more and more!

Posted by qqq3 > May 10, 2019 4:15 PM | Report Abuse
make money.

Businessman make money because he is happy and positive, 200% in one stock., margin and sailang.


That was what you have been doing. Asking newbies in i3investor to sailang be 200% in Jaks and Sendai when they were selling at RM1.80 and RM1.40 respectively.

Do you know how many newbies died in your hands?

Posted by qqq3 > May 8, 2019 9:09 PM | Report Abuse
ks....and as far as Dayang is concerned, I started promoting Dayang to KYY when Dayang was 60, 70, 80 when he was promoting Carimin.....nice move, every thing worked out well for me.....can't do without KYY.

Save this another classic.

Really ah? I got to check back what you have said but off hand I knew that was a big lie too as usual.

KYY was having a big promotion of Dayang in i3investor forum. I watched the ""fantastic"" video and saw OTB helping him with the presentation. How come you were not there to help?

Or was you the one who entice him to buy from RM1.30+ all the way to RM1.80, and you off load and made another killing, just like Jaks and Sendai?

Posted by Icon8888 > May 8, 2019 9:11 PM | Report Abuse
Fuiyoh morning quarrel until night....


It is actually a social service exposing the scams of the biggest conman in i3investor.

It is also fun to expose the biggest scam artist I have ever encountered.

Posted by qqq3 > May 8, 2019 8:51 PM | Report Abuse
kc........really meh....It show my trading really works...If I don't trade, I surely die already.......

This is really classic. Let me save it here.

So how do we believe that with all the terrible picks that you made, and you have sold them for 300% gain, just like what you said about making 300% profit for Jaks and Sendai, when their share prices have dropped by average of 70% since you quacked abut them?

Just take your words for it?

Posted by qqq3 > May 8, 2019 8:36 PM | Report Abuse
where is the evidence?

Here are some more evidences of what shares quack quack quack had quacked about the last 2 years (Besides Jaks and Sendai) and their prices now. How on earth you triple your meager RM100K? Or that amount is halved now?

Stock price then 5/9/2019 Gain/loss Gain/loss %
Bornoil 0.10 0.045 -0.055 -55%
CBIP 2.25 1.08 -1.17 -52%
Ecoworld 1.29 0.89 -0.4 -31%
Taan 4.79 2.32 -2.47 -52%
Jtiasa 1.35 0.565 -0.785 -58%

Average -50%

Posted by qqq3 > May 8, 2019 8:23 PM | Report Abuse
kc............really meh ?
But I am a trader....I can say one thing in the morning and do the opposite in the afternoon....then how?

Anybody can say anything here, but where is the evidence? Just take your words, that you bought this last month and now you sold at and made xxx? Any evidence that you bought at that price and sold at this price and made xxx?

But I do have some evidence of what yoy said you bought and the results as it is now as below,

10/31/2018 5/9/2019
KESM 12 7.66 -36.2%
Layhong 0.4 0.465 16.3%
Seacara 0.28 0.19 -32.1%
D&O 0.89 0.67 -24.7%
Elsoft 1.29 0.925 -28.4%
Hibiscus 1.12 1.06 -5.4%

The above are hard evidence, documented in i3investor.

What you claimed has no record, but from what you said.

Which is more reliable?

If what you quack quack quack was true, I think your miserable RM100k has not much left now with the tanking of your Jaks and Sendai.

Posted by Sslee > May 8, 2019 7:51 PM | Report Abuse
Dear all,
LOL. Quack accountant claim “I knew this compounding formula when I was in secondary school, very powerful, and if you know or learn how to appreciate it, can make you retire comfortably or maybe can make you rich !”

After retire for so many years, pity quack accountant worked so hard for the last 2 years in PLP and front running Mr. Koon in JAKS and SENDAI, he only have below to show:
Posted by qqq3 > Apr 25, 2019 1:04 PM | Report Abuse
r whether he has 100k to invest?
=========
my original $ 100k now more than $ 300k already.....not bad for 2 years work
Thank you


SSLee,

You overestimated him. Why?

In the first paragraph, the sentence “I knew this compounding formula when I was in secondary school, very powerful, and if you know or learn how to appreciate it, can make you retire comfortably or maybe can make you rich !” can't be from him. It was from a smart man named Silom.

You should know quack quack quack has no idea at all, absolutely no idea at all, what compounding is and what ut can do. You can inferred from what he has been repeatedly said. No mistake at all.

For the second paragraph, please refer to my above comment.

Posted by qqq3 > May 8, 2019 8:06 PM | Report Abuse
not bad for 2 years work.....if this compounds till 80, I surely richer than the Bufalo.

If anyone still take the words of this quack quack quack, he must be a fool to do so.

1) Is there any evidence?
2) Has he provided a portfolio the last two years and then compared with the prices now?

None, except quack quack quack.

But I do find something here, this is what he said,

Posted by qqq3 > Oct 8, 2018 09:43 PM | Report Abuse
Sendai is very good to me...I am sitting on 15% profits, not selling yet until I come back from holidays.
Pmetal and Serba.....any drop just buy la.....sure make money one if keep long enough.......
not talking about horse before cannon but talking about the future.......

This is the result so far,

10/8/2018 5/9/2019
Sendai 0.8 0.47 -41.3%
Serba 4.15 4.00 -3.6%
Pmetal 5.15 4.57 -11.3%

Any evidence that he tripled his investment?

There are some other stocks quacked by him on the dates and the results as shown below,

10/31/2018 5/9/2019
KESM 12 7.66 -36.2%
Layhong 0.4 0.465 16.3%
Seacara 0.28 0.19 -32.1%
D&O 0.89 0.67 -24.7%
Elsoft 1.29 0.925 -28.4%
Hibiscus 1.12 1.06 -5.4%

Any evidence he triple his investments?

Or was it the other way, that he lost his pants?

You be the judge.

Posted by qqq3 > May 8, 2019 12:04 PM | Report Abuse
anyway....what compounding? up down up down got lah......
compounding is used in biology like cell divisions and in physics and nuclear reactions......and fixed deposits.....then can lah......

I have posted a number of articles in compounding, yet a self-claimed retired accountant still has no clue about what it is, and how it works.

I remember in my time in university of Malaya, although the quality of the education was deteriorating, but the quality of the students was still very high.

I also have no clue how an "accountant" is so bad in numbers and can;t even fathom what is compounding, and how it works, despite after so many articles written by me to try to educate him.

How can an ""accountant"" so bad one? I am a head full of dew water.

But one thing I solute you. Even though you are so stupid, you like to go around and tell the world, ""See, I am very stupid"", and still feel you are so clever.

What type of skin you have? Crocodile skin?

Posted by qqq3 > May 8, 2019 10:26 AM | Report Abuse
this is typical scare tactic and false promises to get customers............

In the internet space, newbies must really have this "scared" mindset, especially with snakeoil salesman cum conman, quack quack quack aka stockmanny, Brightsmart, Desa6769, Loneranger of numerous nicks, who would con you buying Jaks at RM1.80 and Sendai RM1.40, with his sailang and margin calls. He changed his nicks numerous times so that he could continue to cheat and con.

If you are not ""scared"", you will lose all your money to this conman.

Posted by qqq3 > Apr 20, 2019 7:40 PM | Report Abuse
next report card, Sendai collects $ 250 million from trade receivables......then u how? U eat your words?

Your "next report card" shows related party owing on the lift boats has increased from RM420m at end of 2017 to RM537m in 2018 now.

Bullshit again, quack quack quack?

I also wrote about Sendai on 12th September 2017 when it was trading at RM1.03 here,

https://klse.i3investor.com/blogs/kcchongnz/132084.jsp

Another one when it was 80 sen here,

https://klse.i3investor.com/blogs/kcchongnz/133708.jsp

There was this comment from the chameleon quack quack quack, with his other nick Stockmanny,


Posted by stockmanmy > Oct 6, 2017 9:43 PM | Report Abuse
in short....lousy timing, lousy analysis and lousy business sense to rite this article when it is 80 sen....now 95 sen.....

Posted by qqq3 > Apr 22, 2019 10:21 PM | Report Abuse
kc.......why senda do 12 million shares?
thanks to your article again..........
no wonder I love it whenever u write about Sendai..........

What else can I say? The ignorant can only talk about the share price and how many shares were transacted. they know nothing about the value.

Posted by 3iii > Apr 21, 2019 11:14 PM | Report Abuse
MARKETS
Issuing more shares good for shareholders
Koon Yew Yin
Eversendai’s private placement is different from other usual private placements

Wonderful private placement!

With the PP at RM1.00 even during the good time at end of 2017, the share price went straight down and never recover.

It lost half its value in about a year from RM1.00 to just 50 sen now.


Posted by qqq3 > Apr 21, 2019 4:11 PM | Report Abuse
Posted by kcchongnz > Apr 21, 2019 8:00 PM | Report Abuse
I haven't seen one given by you yet??????
=========
all depends on bull or bear market.......

Posted by qqq3 > Apr 21, 2019 7:41 PM | Report Abuse
u are refering to which company?


Posted by qqq3 > Apr 21, 2019 4:11 PM | Report Abuse
kc
never seen companies do private placements then share double in next few months?......I have and not rare too.


?????

""Not rare"" at least 10 companies?

I haven't seen one given by you yet??????

I can name another one; London Biscuits.

It has made a few private placement at 80 sen to RM1.00 the last few years, now at 34.5 sen

I am still waiting for you to name some and from when to when that they double in price in a few months after private placement.

Come on, don't just quack quack quack. Show some examples!

Posted by qqq3 > Apr 21, 2019 5:29 PM | Report Abuse
kc
u suffer from recency bias because last year was a bear market....
every year also 2018 meh?
true what I said....shares double within a few months of private placement not that rare if u take the totality of all private placements in Malaysia..............

Well, at least I could name two stocks, and what a coincidence, they were both heavily promoted by you shouting margin and sailang!

Why don't you name some and from when to when that they double in price in a few months.

Come on, don't just quack quack quack. Show some examples!

And also Sendai in the same year. Wonderful!

Posted by qqq3 > Apr 21, 2019 4:11 PM | Report Abuse
kc
never seen companies do private placements then share double in next few months?......I have and not rare too.

Jaks in 2017? Sure!

Posted by andychay6124 > Apr 20, 2019 5:49 PM | Report Abuse
Jaks going to do private placement

If you know and care to read its balance sheet, you know it has to do the PP. No two ways about it.

Similarly for Sendai, with the major shareholder holding 70% of the shares, and the precarious cash flows and balance sheet, there is no two ways about it too.

PP has to be done, real fast.

Posted by tah16600 > Apr 21, 2019 10:53 AM | Report Abuse
I still remember Sifu said in your one of the articles saying , when shares dropped to very2 low, a not so good comp can be a good buy loh if I am not mistaken.

That is true. It could be true for Benalec too.

But don't forget of what I caution about, evaluate if the drop of share price is due to some temporary reasons, or is it due to structural change, or a poor and dishonest management.

My comment for Benalec and Jaks is the same,

In doing business, you can't get a good deal from the management which is not credible and honest.

Posted by tah16600 > Apr 21, 2019 9:58 AM | Report Abuse

Better sell n buy Benalec .Sell 1 lot can buy 2 lots ,got balance some for nice dinner loh!


If you follow my course closely and carry out some analysis, you may find Benalec is far from being a good company.

Only thing it is cheap now. But many things are cheap for good reasons.

Posted by qqq3 > Apr 20, 2019 7:40 PM | Report Abuse
next report card, Sendai collects $ 250 million from trade receivables......then u how? U eat your words?

Exactly a year ago, Sendai tested the first lift boat done for its major shareholder, a related party transaction.

Just wonder, has that been paid to Sendai, for a job completed a year ago?

Posted by sell > Apr 20, 2019 4:34 PM | Report Abuse
Jaks is good?

Of course!

My friendship with icon8888 has been in a long time, that although we may differ in investment ways, we respect each other, at least for me.

Sell.
Thank you for re-posting my comments. Yes they are my true comments, exactly what I think about Jaks.

However, I think it is naive to think that that would create hatred icon888 towards me, just because I provide a different opinion, albeit a totally different opinion on a stock.

Good try though.

Posted by SarifahSelinder > Apr 20, 2019 12:51 PM | Report Abuse
Pembohong besar if kc u say u will do the 7 8 of running for FOC


You are right, I won't.

So you think ALP did it FOC. In my opinion, the RM1.5m paid a year is just a tip in the iceberg.

OK, this is the last advice to you FOC.

You need to have a good mentor in investing. Stop investing before you get one. You need much more than that besides reading and dwelling in i3investor.

Posted by SarifahSelinder > Apr 20, 2019 9:57 AM | Report Abuse
Kcchongnz klau u ALP would u volunteer to do the extra 7 8 years of running around wit no guarantee of success for FOC?


ALP did get this seemingly lucrative project from the Vietnam Government, I mean ""seemingly"". But it has been explained to you it is his duty to do all the work and he has been richly awarded with his RM1.5m annual salary.

But think about it, how did he got the job from the Vietnam Government?

1)Is it because Jaks has been proven to be very good in power plant development?

2) If not what has he done to get the job?

3) How long he has to continuously doing that?

4) Is there any transparency of what he does, you know what I mean?

5) How long this kind of things have to be done and what is the limit?

6) Will it affect the minority shareholders with this kind of dealing and wheeling?

Calling others who share something so useful and helpful for you to evaluate your investment a pembohong? OMG!

Another advice for you, totally FOC. Stop feeding yourself with confirmation bias. Listen to opposing view and evaluate deeper. If eventually you think you will still be right, go ahead and invest in it, and invest even more.

But cursing others for giving you good advice? Susah lah macham ini.

Anyway, it is not my responsibility to save you. You yourself is the one.

""It really doesn’t matter how large margins have expanded, or revenue grown or costs cut if management lacks character. Without it, management can make decisions adverse to shareholders, enrich themselves from company coffers, be unable to see facts clearly and develop strategies on completely flawed premises.""

""When I see companies where CEOs have outrageous compensation packages (including cash, options, warrants, deferred compensation, jet use, private security...the list goes on and on), I believe this shows complete disrespect to employees (almost always these companies have the largest gap between the highest paid and lowest paid employees) as well as disrespect to shareholders. Respect can be reflected in policies that show fairness to employees no matter the level or position. It can also mean utilizing the annual meeting to genuinely listen to shareholder concerns. Study after study shows companies with satisfied employees and active shareholders are generally the most successful.""

Thomas Macpherson

Posted by qqq3 > Apr 19, 2019 6:27 PM | Report Abuse
icon
3iii is not doing the wrong thing u know?
At least, unlike that KC who years earlier wanted to buy Mesdaq shares for KYY.

I thought you have changed by apologizing to me for accusing me to do something I did not do?

Posted by qqq3 > Apr 19, 2019 8:28 AM | Report Abuse
Kc Chong...............I must apologise to you....I just been reminded that probability is the one who spread rumor about my son in PBB....so it is not you, after all.............just an honest mistake.

Looks like it is another baseless slander again. Why? Let me ask you very specific question and please provide evidence.

1) When did I ever "wanted" KYY in buying any share?
2) Which Mesdaq share I "wanted" him to buy?

If you can't find anything on the above, please do another apology again.

Posted by qqq3 > Apr 19, 2019 5:06 PM | Report Abuse

by kcchongnz > Apr 19, 2019 3:55 PM | Report Abuse
In investment, I take a bet on the price vs value of the stock in the distant future with my analysis of the business and its risks, I don't bet with anyone what price it will be in a week's time a month's time, or even in a year's time. It is a futile and worthless exercise for me.
============

this kind of song, every con artist in the world also got.
no responsibility for the next XXX years.....

Your kind of kaki kong kaki song, compared with my kind of analysis, facts and figures, it is not easy to see who is a con artist.

As I have said, it doesn't worth my time to get entangle with you. I rather spend my time contributing more to the investment community teaching them the fundamentals of investing.

Posted by qqq3 > Apr 19, 2019 3:28 PM | Report Abuse
I think u over value your own skills.....
so after your studies, u think people should fear Sendai 50 sen? going bankrupt?
want to bet? short to me lah...............

In investment, I take a bet on the price vs value of the stock in the distant future with my analysis of the business and its risks, I don't bet with anyone what price it will be in a week's time a month's time, or even in a year's time. It is a futile and worthless exercise for me.

So give us your analysis what price should Sendai worth.

Good article to read for most people here. However, this statement here from you puzzles me,

""what is the sacrifice of shareholder value? Anytime a company takes on more outside debt to grow its revenues and earnings, the shareholder value is damaged. Anytime a company dilutes shares to buy companies or gives out dividend, it dilutes shareholder value. (trust me this happens every single time, a company that gives out high dividends usually end up in a bad position)""

Especially the last one.

1) Taking more outside debt sacrifice shareholder value? If return from borrowings great than the costs, it can't be right. This I believe is a typing error from you.

2) A company gives out high dividend usually end up in bad position? A bad position because share price drops? Are we talking about just capital gain, or dividend return is just unimportant and not part of the total return?

I have written a few articles on stocks on high dividends; Padini, Sciientex, Perstima, Uchitech in the links below,

https://klse.i3investor.com/blogs/kcchongnz/62058.jsp
https://klse.i3investor.com/blogs/kcchongnz/128386.jsp

Uchitech in the first link has been a multi-bagger after considering all the dividends and bonus shares although its growth is not worth mentioned about.

In the second link, the total price appreciation is still 60% after 2 years, while the broad market is down by 1.6%, after taking into considerations of dividends.

I have written about many stocks of high dividend yield, and on the whole, they outperform the broad market by a wide margin too.

Most of these companies still grow, but they just need a small portion of its profit to grow because of their high return on capitals, and the rest return to shareholders, to do what they like.

This investment community is filled with people who knows the price of everything, but the value of nothing.