bersih 4 is never a racial assembly, it is an assembly of all malaysian of all races in demand of clean govenment.
Is there any particular race forbided to join bersih 4? in this assembly didn't you see many malay including mahathir, azmin, mat sabu and many others joining the crowd . why should it be labelled as racial, a threat to the malay dominant rule here?

the answer is obvious and known to every right thinking malaysian of all races. BUT sad to say, there are still many still believe the twisted fact

in this country, only the malay can save the country or destroy it. most of the chinese are scare to do anything, the indian is better than the chinese, at least they are brave to voice out, that's why DAP is a chinese dominant party but the leaders are more indian.
In this assembly, we can see that the non-malay esp the chinese, have lived out of the fears of the violent threat from those malay extreamists and those misleading propaganda of their own leaders in the bn government. that's why they were blamed hiding under the beds during the past few bersih for the poor participation. now their warga malaysia consciousness have gained steps, we can see they are joining hand with the moderate malay to safeguard our country from corruption, cronyism,abuse of power,....

MALAYSIA BOLEH

bersih 4 is never a racial assembly, it is an assembly of all malaysian of all races in demand of clean govenment.
Is there any particular race forbided to join bersih 4? in this assembly didn't you see many malay including mahathir, azmin, mat sabu and many others joining the crowd . why should it be labelled as racial, a threat to the malay dominant rule here?

the answer is obvious and known to every right thinking malaysian of all races. BUT sad to say, there are still many still believe the twisted fact

in this country, only the malay can save the country or destroy it. most of the chinese are scare to do anything, the indian is better than the chinese, at least they are brave to voice out, that's why DAP is a chinese dominant party but the leaders are more indian.
In this assembly, we can see that the non-malay esp the chinese, have lived out of the fears of the violent threat from those malay extreamists and those misleading propaganda of their own leaders in the bn government. that's why they were blamed hiding under the beds during the past few bersih for the poor participation. now their warga malaysia consciousness have gained steps, we can see they are joining hand with the moderate malay to safeguard our country from corruption, cronyism,abuse of power,....

MALAYSIA BOLEH

bersih 4 is never a racial assembly, it is an assembly of all malaysian of all races in demand of clean govenment.
Is there any particular race forbided to join bersih 4? in this assembly didn't you see many malay including mahathir, azmin, mat sabu and many others joining the crowd . why should it be labelled as racial, a threat to the malay dominant rule here?

the answer is obvious and known to every right thinking malaysian of all races. BUT sad to say, there are still many still believe the twisted fact

in this country, only the malay can save the country or destroy it. most of the chinese are scare to do anything, the indian is better than the chinese, at least they are brave to voice out, that's why DAP is a chinese dominant party but the leaders are more indian.
In this assembly, we can see that the non-malay esp the chinese, have lived out of the fears of the violent threat from those malay extreamists and those misleading propaganda of their own leaders in the bn government. that's why they were blamed hiding under the beds during the past few bersih for the poor participation. now their warga malaysia consciousness have gained steps, we can see they are joining hand with the moderate malay to safeguard our country from corruption, cronyism,abuse of power,....

MALAYSIA BOLEH

itjustaboutprofit,

there are a few things that I wish to straighten here

1. I know you had done a lot of research about sam and spent a lot of time in your hardwork, but that does not mean or guarantee you conclusion is accurate or correct and accepted by the market

2. I am more realistic, I do not interested to know what is going to happen from now till 8 years later. I am more interested in what is going to happen in the coming 1 year

3. I do not like to discuss with you based on common sense or beautiful future things, I prefer to use real data to assess whether a company is worthwhile at the current price for me to put in my money. can you tell me what is the enterprise value multiple of SAM as compare with gadang?

4. as you have said you do not know gadang, then how do you know her construction and property sector are not going to do well? base on common sense? or your friends told you? as you said cheaper oil more airplane order, if this is the case, then more houses will be built as there are more people getting married, and also more airport got to be built to accommodate more aeroplanes flying in the air.

5. you do not know gadang does not mean she is not better than sam in term of valuation.

6. you do not know gadang , does not mean she is not making more and more money from both construction and property, please check your fact before you comment on gadang that you have claimed many times that you are not interested.

let me go for my dinner first before i come back to you, bye

itjustabouttheprofit,

oh.. you are the writer.

good work, thanks

using your principle of all work well condition, you please calculate and compare the return in next 12 months, with gadang 12 (cp 1.17) and sam 15 (cp 5.2), you will see what I mean by value buy.

most important , now it is selling at unbelievable cheap price, with its net market worth not more than 3 time its PBT whereas sam is almost 12times.

what I can say with condident, as some sifu had said "if win you win big , if lose you lose less"

gadang is a well diversified company, construction is still the main contributor to its profit, earning visibility for the coming year is unquestionable, further than that we better ask the fortune teller

generally you are right. people scare of property counters

do you think , isn't it now is the time for most of us to have a look at the property counter after quite a long time of phobia...

who know it may turn out weakening ringgit can be a blessing to this sectors..

nothing is certain, we only can act on what we think right may not be the best.

probbility,

my key word is not PE

neither it is balance sheet

my key word is " value buy"

if PE is your focus then do you need me to recommend

if PE + balance sheet is your focus, I believe, with your knowledge , you also need not have my recommendation,

why so difficult to have my recommendation?

just browse through my past comment you will get everything you want.

right?

share with me

I am willing to learn from my mistake

probability,

do you want me to compare sam with magni?

"gai wan xiao"

relative in term of what ?


not valid? before I am given a chance to share.


Posted by Probability > Sep 5, 2015 01:12 PM | Report Abuse


I see when we comment something either bad / good..logical/illogical
is all relative...
so..unless you give us something to compare..
your comments not valid leh..;)

if you can't resist the temptation, then follow my bro tkp1, buy H and C

no wonder so many sifu said, do not look at share price everyday, read the news

it is not the matter who win who lose,

we are talking about valuation

why do you need to think of win or lose

why just can not be share of different opinion?

my opinion:

there also many similar real as you as you said, now is buyers' market. who want to pay more for long term investment? please look at the time frame for the forecated TP, 3 to 6 months , isn't it the writer himself encourage short term play.

he is assuming us dollar remains strong for 8 years
he assumes eps at least 20 sen per quarter for the coming 32 quarters
he assign PE of 15
base on the carrent price of 5.2, EV about 600M and EBIT about 53M do you think it is still cheap to buy under current market sentiment with plentiful of lelong buys ? learn from KC, though you may miss the best but far from wrong.

Babu, 

If you are smart and rational in thinking then definitely you know what I actually want to tell you is " valuation and confident to act" not challenge to cut gu-gu-chiao .

You are very funny

This old man really hopeless, never learnt from kcchong, how come 80+ years still do not know higher earning fro bigger borrowing and lower profit margin is actually burning cash. What improvement you are talking about.
I think your wealth is built on good karma of previous life not your excellent strategy

wow...

limpek,

you really ada baca buku oh.....

hohoho....


aku suka.

1.20 nobody wants, 2.00 many fight

not many can recognize a gem when it is still a crude stone
many will rush in when it is shining bright
that is the time we pass the baton to them

go lah...., go and buy those companies I mentioned above

they are not value trap, they are value buys

mark my words, if anytime within 5 years from now, you can't get a capital gain of average 20% per year + reasonable dividend, come back here to tell me how do you want to punish me.

I can assure you here,

I will not tell you :THE DECISION IS YOURS" or "I DID NOT POINT A GUN AT YOUR HEAD TO ASK YOU TO BELIEVE AND FOLLOW"

hahahaha.......

ks55,

you worry too much already

why people scare of market crash?

the reason is simple,

THEY WANT TO MAKE THE MOST !

if you change your mentality to " CAN MAKE BUT THE BEST"

then kcchong articles will help you a lot

I do not pay him a sen, but I learnt a lot from , I am very happy

feel very happy

no fear, even though tomorrow KLCI drop 200 points

why?

I still got my dividend to spend or to buy more at lower price

aiyah....

KC had thought us so many method to evaluate a company, ROIC, FCF, EV/EBIT,DY...
is that not enough to assess whether a company is worthwhile investing or not ?

to a income investor like me , investing is very very .. simple
I have a set of strict stock pick criteria, as long as a particular stock is still meeting my criteria ,I will not sell, even though you tell me market going to crash tomorrow. because I know very well , if you are talk about things of tomorrow , you are none other than fortune teller. it is most foolish to believe a fortune teller but not believe your own calculation

KC has thought you so much valuation techniques , why you have never learnt?

I have thought you so many time , it is near impossible to get the best deal and be wise to be happy with the right deal, why you never learnt?

if you can choose a kunyit ot musang king durian trees to plant, do you need to sell your plantation if the fruits don't fetch good price this year and hope to buy back bigger plantation next year, you have seen the gain, but you family has already missed the fruit (dividend) this year and next year

I am going to get RM 20k from gadang later . 5k from flbhd tomorrow, 2k from matrix, 5k from favco, 3k from matrix,...
do you think , I will scare of the market crash?

I will tell the market, you go on to crash, I go holidays with my family because KC valuation told me my companies will not crash with you but keep generating more dividend for to spend


no fear, no worries when you know what you are doing is not right though not the best

Thank KCChong.

Thanks KC.

Your articles had turned me into sifu

Last time I followed friends , now friends follow me.

That is how you had changed the investing public

Hahaha. ..

if you don't believe, mark my words
any time within 5 years
you can achieve stated target
come back here
tell how do you want to punish me

I hate strategy

especially those only you can apply successfully not us

buy a good dividend stock like flbhd, gadang and matrix

who bother bull or bear

bother only balance sheet, growth and cash flow

dividend is your constant income , long term capital gain is you cash generator

good investor never has complicated strategy

only has one simple thing to do , i.e. to assess whether the company is still worth holding

an old man like me , never has loss to cut or profit to lock

we only have more dividend to get or less to get

please , do not make thing so difficult

choose a stable growing company like matrix, gadang and flbhd

>4% dividend + 20% capital gain per year in a long run is for sure

ggg123,

I am not familiar with these counters
seem not bad , quite generous to minority shareholders with such DY

Bluefun

I guess your bro apini most likely going Bersih this weekend , are you joining him?

ggg123, I like discount, but not every time we can get the best discount . that's why I never hesitate to top up position if the price is reasonable and I have cash at the time

in fact, we are different category of investors, we do not have a common point to communicate well , except the company "matrix concept " we both had agreed is worthy to invest in at the current price.

I don't bother so much the paper gain , as you do, as long as the company is still worthwhile for me to put my money in to generate more cash in return. neither do I work hard to get the best profit or best deal which is near impossible for most of the people here.

as I had said before:" I never dream to make a 100%, 200%... capital gain, I only pray, in a long run, that say, for a period of 5 years , I can get a bonus capital gain average around 20% per year " which is possible for a company we have chosen like matrix concept, if not I would not have been holding it till now.

ggg123 is a careful investor

Drago Tian,
of course he bought some already.


now he is my gang

We are minority shareholders.
We are income investors
We invest for income
We never dreamt to make 100%, 200%...
We pray, for a period of 5 years , we can get a bonus
capital gain average around 20% per year
We do not bother how the price move from day to day
We concern more whether the company has good
balance sheet, growth and good cash flow to
pay us dividend every quarter or not. Datuk Lee is a smart businessman
so far he never fail to deliver good result, never fail to pay us more and more dividend

Investing is that simple

It is that simple for the past 30 years I am never a lose though no the biggest winner

Man man lai...

Never miss the joy shopping cheap....

Brothers and sisters

Do you know why I no worry in fact a bit excited because I know now is the time I can buy more at bargain price.
I know my luck , actually I do not trust my luck, I never dreamt I can make a gain of 100%, 200%.. I only hope and pray in a long run of 5 years I can make an average of 20% per year and getting a dividend at least better than bank.
So I do not bother so much about the price, to me most important the company has good balance sheet, future growth and free cash flow to pay me dividend. GADANG is just the company that fits very well my criteria .
I do not bother what you are going to do, what you say, I feel very safe with all my money still invested in the market in my cash generating machine GADANG. You may feel I am not as smart as you, but my 30 years has affirmed me I am never a loser though not the biggest winner

In a short time everybody know, the price is unlikely to move up much
Then we pray it moves down
So tomorrow I can get some at lower price

Now is happy hours for those who want dividend but nightmare for those who want capital gain
Hahaha.....

Now is the market of dividend stocks
No dividend, no talk
We do not know how long the bear going to dominate
If every 3 months we are going to get some money
who is going to bother the bear
Better the price drops more so that we can buy more to get more dividend

Good move.

I believe many are quite jealous of your bargain buy

now you can see the difference

must buy good dividend stocks

no dividend , no talk

difficult time do not have to follow others run like mad

treat it as FD placed in GADANG

you are paid DY 4.23% .more than any bank can pay you in 1 year

after 1 year from now , if you can not get at least 20% capital gain

then................

you can come here to scold bad words 3 days 3 nights to release your frustration

nobody will blame you

we understand frustration

after AGM ,
to be announced later

the best is you still got money to buy more
the helpless is do nothing and wait for 5 sen dividend
the worst is you panic sell because your friends told you can buy back at lower price
the pitiful is you are forced to sell because you need cash
the most jiasai is everyday " gao-pe-gao-bu" for nothing

when you do not know what is best to do now, ask yourself a question


if you have money, are you willing to buy more at the current price?


YES = hold or buy
NO = sell
NO ANSWER : reduce 50%

ggg123,

thanks for the 'industry channel check'

I remember I had shared the same idea but in a crude language before

" Aug 13, 2015 09:49 AM | Report Abuse

dear friends,

to a value investor there no such term as "cheap" but " reasonable"

if you have no money, whatever " cheap" is "expensive"

remember

1. only poor man (unsuccessful man) waits for low price, rich man ( successful man) no patience

2. do not ask "how cheap can buy" but "what is the reasonable price to buy"

remember ,

what we can see has limitation

it is pointless to see beyond what we can see

if you dare not act with confident on what you know and keep waiting for perfection

then is just like the case king Soloman said:

"Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest. "


that is what xuewen want to share with you

do you need to seek so much insight if you are confident with you own insight ?

do you need to seek so much insight if others have different insight ?

if you are confident to act why you bother other agree or not agree?

you are forecasting how foreign going to react or behave under a particular environment, is that not psychology?

You are not seeking his insight, you are seeking a consensus
You can't even understand what people wants to tell you,
how can you forecast the psychology of foreign investors

brother,

good morning

a good day begins with tkp1

dear friends,

to a value investor there no such term as "cheap" but " reasonable"

if you have no money, whatever " cheap" is "expensive"

remember

1. only poor man waits for low price, rich man no patience

2. do not ask "how cheap can buy" but "what is the reasonable price to buy"

all of you are very lucky

got so many sifu here

they are genuine value investors

remember

you can never be forever that lucky, share trading picture change now and then

sifu come and quietly go

look at frontkn

you know what I mean