Posted by OTB > May 15, 2020 9:57 PM | Report Abuse

"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger
==================


that is holding on to a great company with profits.......

does not apply to your failed Miss Universe stock....in fact , does not apply to any of your other failed Miss Universe.........

end of Bufalo era?


lecturers and authors cannot use old banner...how?


https://www.marketwatch.com/story/dud-stock-picks-bad-industry-bets-vast-underperformance-its-the-end-of-the-warren-buffett-era-2020-05-14?siteid=yhoof2&yptr=yahoo

but let me warn everyone....................amidst the recession, the trade war is heating up..........


https://finance.yahoo.com/m/e504abb7-b29e-3382-ace2-be24650f36bb/u-s-blocking-shipments-of.html


sslee will be getting to get cheap as long as he is patient..........

https://finance.yahoo.com/m/e504abb7-b29e-3382-ace2-be24650f36bb/u-s-blocking-shipments-of.html

international usage of yuan still very low...........

They have tried but yuan still not able to replace US$..........a bit frustrating for China........

the rate Kpower signs up energy deals, a bit like Enron deals...I like it.......

remember, if u had caught Enron in its early days, u make thousands of times at the peak...........

some like it hot, some like it cold....I like hot girls.

Kpower very ambitious and very fast..............sign up 4 deals already in last few months.............

I also don't know why he so ambitous....


but better ambitious than no ambition like Insas.........

what to expect from a remisier? no need to makan?

comes with the territory, not that he plans it.........

because of that.........a dangerous place..........

a good investor can shut out the bulls and bears
a good trader lives on the bulls and bears.

how to reconcile?

not really a proxy......gloves benefit from exchange rates, lower raw material costs , higher volume , higher selling prices.............Lux same meh?

I think so too....DK is very abnormal........I think he is a scammer too.....grasping at every straw man........

Dk...if u fail in stock market, u deserve it,,,,,,,,,,,,,I didn't know u better earlier........

your narrow vision will fail u....I used to think it is an asset...but clearly its a liability for you...........

CCP number 1 priority is independence from America,,,,,,,,to completely cut off any reliance on America. and they do it quietly.

ed by johnmasino > May 15, 2020 5:34 PM | Report Abuse

DK66:- OTB also mentioned that the IRR should actually be 15%
========

otb this otb that...otb didn't say IRR should be infinity?

Kpower zero earnings, zero revenue....didn't know got PE also.....

so many??


but I am living healthiest for a long long time......

ice...maybe no test no case is better?

by johnmasino > May 15, 2020 4:52 PM | Report Abuse

KPOWER at RM1.88 is trading at PE of 35 which is stupidly high. If there are clowns like you who can chase KPOWER all the way to RM3.10 at PE of 60, JAKS should also rise likewise..LOL
=========

irrational logic

K Power, the last time I bot is $ 1.59........no need everyday buy one.......

Karim has shown ambition and vision.....

but people also don't know how badly hurt is UAE and Qatar.....I also got serba beside K power and Scib.......

I see all the jaks shareholders have become irrational people.........not good.

anyway, I am a Green man...try as much as possible stay away from coal....

Kpower good....renewable energy.........

me?

I love Jaks........every time I touched Jaks, I made money.........I intend not to tarnish my record...........

by Philip ( buy what you understand) > May 15, 2020 11:54 AM | Report Abuse

Sold 400k shares of topglove@10.32
===========

smart, very smart.

even investors also some times need to sell, even if no bad news but only if irrational exuberance with record breaking volumes , ....don't sell high how to buy low?

I also sell my only game in town when I see it does not seem to be only game in town anymore......gloves now is just average game moving according to bulls and bears.....

sslee ....

one more thing , I allergic to shares OTB holds one........

Sslee > May 15, 2020 10:22 AM | Report Abuse

Haha qqq3,
You already take profit on your glove stocks. So no worries after they finished goreng and take profit on all the stocks related to COVID-19 they will start goreng stocks with concession assets now paying lower interest expenses thus better profit.
=========

I stick with zero earnings zero revenue better than promised the sky and delivers structural / corporate issues.

Sslee > May 15, 2020 9:43 AM | Report Abuse

Haha qqq3,
You do not use NTA to value Topglove.
Hence basic knowldge you have to use DCF to value assest that give you FCF for 25 years base on a discount rate for inflation.

======

the normal discounting rate used is weighted average cost of capital.

Aseng what the stupid IRR with borrowing and without borrowing lah....
=========

enormous impact on EPS..........

d by ferrarimaker > May 14, 2020 1:37 PM | Report Abuse

https://www.chinadailyasia.com/article/130345 looks like coca-cola is entering the dairy milk market in china. Perhaps they also recognize the huge market potential
======

whatever Trump says...who can ignore China?

I don't believe this calvin one....he makes up stories one.....

proactive vs reactive...........jumping into gloves now surely is in reactive category.............

jumping into gloves when KYY first jump in is called proactive..........

gloves? I willing to trade only when it is the only game in town....


look at Top Glove/ Harta in recent days.........these are big boys willing to hold forever......big but clumsy and late boys.

does it mean Najib also freed later?

A trader who thinks he is an investor will die...sure die.....

by the same token, an investor who thinks he is a trader will also die.....sure die.


here, I mean an investor is one who already spends a lot of time knowing the company. ....and get shaken out easily.

so 100 m profits based on management guidance?

whether trading or investing, cannot escape proactive, consistent, confidence.

chinaman > May 15, 2020 10:38 AM | Report Abuse

yes-i dont know how to trade till now. always buta buta hold long term only till real value emerge. Cut loss is not in investor vocabulary. wakaka
=========

warren bufett cuts loss on airlines...........

so 100 million on 600 million shareholder fund , that is 16% accounting rate of return for first year...that also sounds about right............

so 84 - 105 is profits?

that sounds reasonable to me.

zero revenue zero earnings means no need brain power........that sounds interesting to me.

and which is which?

AT 25 June 2019 the USD to MYR is 4.13 thus base on today rate of 4.34 the BOD say 30% will contribute RM 4.34/4.13 x (80-100) = RM 84 - 105 million.

so is it 84-105 or 148-169?

Trading...trading the only game in town is rare but not without risk.

The issue is how to bet big and stay with the daily movements, Wall Street and other stuffs.

sslee

invest in zero earnings zero revenue sound interesting....u don't agree?

I don't usually invest, but SCIB and Kpower fascinates me enough to invest.

plants become less efficient and more maintenance as years go by...so PBB using whole spread sheet is probably better than your constant profit based on year 1.

Posted by Sslee > May 15, 2020 9:15 AM | Report Abuse

Dear Aseng,
The Value to JAkS by PBB Analyst report of RM 329 million or 0.48 per share is definitely wrong.
Wait for their next report upgrade.
=============

too fast to assume PBB is wrong

-u use 5% discounting rate, we do not know what rate PBB uses
-u assume constant level from year 1, they used whole spread sheet
-per PBB method, the worth of the IPP is NTA plus $ 329 million, not just the $ 329 milliom.

IB analysts uses spread sheet like normal people eat rice..........so don't assume they make conceptual errors. They can make forecasting errors, not conceptual errors.

Posted by Sslee > May 15, 2020 8:50 AM | Report Abuse

RM (148.16- 169.17) million
========

ok....I can now put Jaks issue away...a bit on the high side but within believability..