What lesson can you share qqq3?

Buy high PE stock so that you can lose more money? That's awesome lesson.

@mikekim, is there any data that you might be interest in relating?

Try to come up with a script that can identify the dominant controlling data to predict revenue and earnings.

I will set volume trigger, I might be 3-5 sen late but it should give me better investment period.
can hv a look on GKENT...It does really look oversold

Contra players get ready...market set to rebound...easy quick money...

I spent 2 hours to come up with some simple script to summarize 12 QR. Decide for yourself if it's good time to enter. My reason is it's Operating Income is 15X it's interest expense.

https://drive.google.com/open?id=1cAmnx7TGVfD41kihRG3TdUwl0fp0hjHM

Yes, it has financial difficulty last year but it quickly pay it's current liability with long term loan. Yes, it does shrink it's profit abit. But if the price should be bashed down by 75% from its high in 2014 is warranted or not is different story. In fact, it's revenue is 25% higher than its peak in 2013-2014.

I will compare with Yinson. We can get a feel about how market feels about gearing. Armada's gearing is pretty high.

P.S. I'm not paid to do this. I will explain at my convenience. I welcome people to discuss intellectually. Most terminology is based on investopedia. I strongly suggest you learn the importance of each terminology and what does it mean.

EPF collects so that they can sell low at 0.5c to pearlwhite. Yeah right. hahhahahhaha

I know you counted the list. But what you didn't realize is Kraken is not yet listed in there.
That shows you "cincai" you do your research. And how biased you are.

I don't bother to point how "cincai" you do your research how "untruthful" in your writing.

Better way which is? Buy a crystal ball?

The best “predictive” way is to study the facts and figures to predict what’s next.

U r saying WC is making investment to lose money. That doesn’t make sense. But I do think buying megasteel at a discount is a good move.

Chinese FDI capex of 3billion in steel sector is evidence and fact that steel demand is still there. Else, what’s the point of investing in them. And between the new company and lionind, lionind has a head start. 12 years head start. Fact!

As for margin, then probability has pointed out its profit margin and strong EPS for straight 4 QR.

Naysayer says the profit is unsustainable. Now, support ur claim with facts! Personal attack have no value here.

The market bash down its price expecting bad result Bcos of all the above.

Assuming all the bad news above is right, current price has priced in. What? Drop another 15%?

Can u imagine types of return u get if market is wrong? And often is...don’t forget versa vice applies. And it hurts multiple times more investing in high PE stocks.

Peter Lynch said, “I mean the stomach is the key organ here. It’s not the brain. Do you have the stomach for these kinds of declines?“.

Risk to much we must not.
Fall in love we must not.

The dumb version of master Yoda in the house or what?

MichaelWong, +1.
High PE expecting good result won’t go higher. Priced in liao.
High PE suprised with bad result will definitely gap down.

It falls back to facts and figures. We can only try extrapolate from last QR to estimate next QR. I hope people here can discuss objectively.

OTB, 0.3 last year shoot all the way to 1.6 with 2 good QR after turning around. That’s time the PE was as high as 8-10. It would be useful if anyone can share how they could identify strong turnaround from previous QR.

Tom, 炒家炒的股票. After 炒家炒that股票, and if it's not worth what it is? What happen to the 股票, the retailers will kill themselves and start selling down lo. And what you 炒家 do? Buy low again and 炒 again lo.

The people that you guys should stay away aren't OTB or KYY. People you should stay away from are 炒家. They will never tell you to buy low. They will never tell you to buy at low PE. They will only tell u to buy at high PE so that they can sell high. And if everybody understands the importance of PE, nobody buys high EVER, then 炒家 kam mo lan dy.

U r saying, everytime you buy in, it goes up 1% up. Wanna tell your story on what happens if it doesn't? U sell also mar. It's called cut loss. Why buy and why you sell le? It is only backed by monkey logic.

share with me what's ur win percentage. Out of 100 bets, u win how many and how many %..
We can easily verify this. Every morning u check in with a counter you buy and at what price, I give you benefit of doubt to claim your own selling price (*very likely it's something like bought at the next lowest and sold at the next highest each time, *rolleyes ). We do this for 30 days and we count the winning of your bets.

I wanna extrapolate see if Malaysia hv Oracle of I3 and when he is gonna beat Buffet or Soros. I will be proud of you.

I think you have better luck understanding your GF during her time of the month than understanding market's psychology. Understanding a business and understanding market psychology is two different game. You should know by now how difficult it is to understand ur GF. Market is worse.

qqq3, OTB can only cari makan if people are willing to pay him.

Use abit of your common sense, if his assessment is incorrect, don't you think the market have the brain to stop paying him for his analysis nor listen to his opinion? His story 700% C AGR can last how long if his analysis is wrong and keep losing? He deliberately challenge anyone to exchange their portfolio. So far, no contender from the naysayer. Don't you think that you have indirectly validates that he pretty damm good and you are just jealous?

As for the $3Billion, I assume it will be fully operational by 2030. There few points to address here.
1) Can samalaju steel plant competes with Lionind. Because Lionind has 12 years head start.
2) There will be revenue dilution in the steel sector no doubt. Not just Lionind will be affected. All steel industries will be affected.
3) Alliance steel is 5x smaller than samalaju steel plant. What's its capacity and who are his customer?
4) If those are inevitable, then player in steel have 2 choices. i) is tapao and change business and ii) Do something about it and stay in business. I guess, lionind is trying to do something.

Samalaju cost RM12Billion, Alliance cost RM4Billion. Megasteel sold at RM600million?
Did Lionind bought Megasteel by 85% discount or what? How did that happen?

qqq3, people serve u shit...u eat ar?
People ask u eat shit u eat shit mer?
No brain to think one mer?

Everybody is responsible for his own action.

Now if OTB literally ask his follower to eat shit, and if they choose to eat shit. What can u do? If u wanna be useful. Start bringing in facts. How megasteel is gonna negatively influence Lionind and it’s revenue. If possible show calculation.

Back to your previous comment on low PE means market knows smtg bad is happening. That’s why low PE right?

Between a counter Trading PE 5 expecting a bad news and a counter Trading at PE25 expecting good news. If the market is wrong, which counter has better protection for my capital? Common sense would hv told u stay away from PE 25. If the news is right, most mar PE 27. But if it’s wrong. Gap down right away. Wanna cut loss also no buyer.

Another counter that I KIV is GKENT, I think the market has misplace its price. If the market is wrong, and it’s revenue isn’t affected, or they start play golf with Uncle Lim. U wanna

Like u gonna come report the 50 times u are forced sell at 5% loss.

Anyway, wish u best of luck and more to come. I hope u can come report 2% gain daily and beat the F up Warren Buffet. I morally support you! *wink

tonyfuk, yeah yeah...go tell Warren Buffet u beat him too...

No point telling me that. don’t waste my time.

@apolloang, Ur friend make NOOB judgement doesn’t mean it’s a con stock...

I buy all the way down to 0.3...if everything materialise correctly, true good QR should be QR 3.

It’s up to the market to assess the prospect and buy in first. Else, u can wait until it’s really out and make some money from the momentum.

If u expect 7 days for result, hmmm, out of 100 bet, it’s lucky if u only lost 70bet.

I do acknowledge the inability of Armada to finalised The acceptance. It’s kinda crappy...

Back to my initial question, how did armada drawdown on its large debt so fast?

Do u keep track of what’s their debt breakdown and terms? I’m not good at assessing loan and leverage...

That’s why my largest holding in my portfolio are small and mid cap...this one one quart of my portfolio...

Is this guy delusional? He lost so much until ki siao dy...

*shakehead

Nope, confident 0.75-0.9 in 9-12months period...if u think it’s bad capital period analysis, better buy FD...

Company balance poised to make more money. Still figuring, why did the margin is reducing. Maybe new paymaster is squeezing his balls.

Tec fast, Making 4x less profit, Trading about 5x it’s NTA!

Given same outlook of tecfast on vis, then vis should be trading at RM1.00.

Tecfast PE 33 already...at 0.60, PE will be 41. Not much changes in the balance sheet. Why the market would trade at 0.6?

If it reportsRM25mil revenue and 5mil profit...RM2...guaranteed

"“Know what you own.” You must understand the stock and why you own it, other than the perception that it will go up. People do hours of research when buying a car or refrigerator, but not when buying stocks. They’ll hear a simple stock tip then put thousands of dollars into it. It’s a self-fulfilling prophecy why the public does so badly – they don’t believe that a little effort can make a big difference." ~ Peter Lynch

Ini kebodohan of some malaysian investors. Until now, non of the naysayer can actually come back with facts to support their claim. Bodoh like shit.

This is a good read and maybe you can grow abit of grey matter between your eye.
http://www.whatcollegeforgottoteach.com/peter-lynch.html

and I bet 10% of people who see this click the link. 10% of the 10% read to the end. And 10% of the 10% of the 10 percent digest it. 10% of the 10% of the 10% of the 10% start to search for fact and put them into excel sheet. And the only 0.00001% will actually call lionind and ask personally what's going on with their transformer. And they are often the winner.

How sore of a loser a person can be depends on which level 90% he is in. It appears that here are stupid level 5.

Hating deceit, greedy and tyranny is good. Hating without a valid reason is dumb.

Koon Bee system is a type of syndicate. You either stay out or grow a brain to beat them.

Crying like a beaten is useless.

U r so childish...that’s an argument of a 5 years old makes...”no one say must use real name loh”. I’m sure no one say you can’t be stupid loh.

Anyway, what’s the donkey relation between using real name or not has anything to do with if he lied? But it does prove there’s is nothing between your eye.

U have evidence for such claim?How do u know?

I will be interested about your source. Please don’t quote some blogger that’s not anywhere less dumber than you.

If it’s a fact, I will agree with you.

What’s the point of calling someone liar without evidence?

Guys guys...if really got people that buy and sell because OTB said so...He really deserves to lose money and stay poor...

The reason is the person got no brain.

Learn to take personal accountability for your wrong judgement and you might learn something...

I’m still looking for, which part that OTB wrote was a lie? How u feel about the future does not equate evidence that he lied. You lose money Bcos u entered the wrong time doesn’t mean he lied. You dislike doing research and fact check or generally pessimistic on the future. FD is a good place.

OTB, sailang!!!

Eh, why u guys monitor ur stock daily? Nobody knows how’s the plants are operating. I mean Quarter report comes out quarterly, but why the trade is done daily?

Do u ever wonder why u buy and sell daily?

Everyone go bet on World Cup instead of KLSE....so far,whose analysis n bet has been making money?

Who is guilty?

What’s going on?

something is going on with the warrant, feels like someone is loading up on the warrant.

Why does anyone wanna do that?

If OTB tapao all SSteel and annjoo Too...I Wonder what u clowns gonna say...=D

Support vs skeptics...support wins...

Skeptics based their argument on personal attack instead of facts. Making reference to Heng Yuan has nothing to do with Lionind and quite dumb actually.

If skeptics wanna win, come back with statement that along this line, “margin from HBI decreases with increases electricity bills, and electricity is projected to increase by 10% in Q3”.

At least, I can do a quick fact check on what probability put here. But I can’t do shit with what skeptics put on the table here.

Today didn’t drop there...tmr won’t...

Bcos what happen is if people that think it’s a poor result, they would hv sold everything today...

Today can sell at 0.46 also didn’t sell, what’s the logic to sell at 0.4 tmr? That means there are a lot of people who believes in vis and not willing to sell low.

I said... explain losses...but not profit...

U do business, it’s normal to generate revenue and profit. I won’t expect them to explain how they make their money...but I do expect them to explain losses.

I will overlook if they don’t explain or announce good news. At least, it’s shows that they aren’t grandiose like others. In process of getting LOI talked as if they hv finalised a deal and they hv actually profit from the contract. That’s a poor reflect of future earnings and it’s true value. I mean it’s good if you plan to exit at high at its inflated value.

Else, it shouldnt really bother u...unless derives peace from relatively high paper value.

But I’m really interested on how they reduce their debt so fast...any idea?

Are u new to stock? That happens all the time...I got burn so many times...

They only need to report quarterly manner as required by SC. Not daily. And Armada

Definition of “major” is subjective. And PC isn’t compulsory. It’s a reflection of good management to explain imminent loses although not compulsory. But definitely, not compulsory for them to explain every dime n penny they make, on daily or weekly basis.

lai, 3 more sen then i can call myself so clever liao. =D

How does irrational market has to do with the Management? Only way to protect investors value is continue generate revenue and profit. That’s written in QR. If it’s in growth trajectory Trading at good discount, buy. Technically, Trading should only happen 4 times a year.

But for some reason, Trading is done in every millisecond. I bet RM100 that those trade between QR neither knows the reason they buy or sell. That’s more like a fool selling to another fool buying. One hope it goes up when he buys, and the one selling hope it doesn’t. Hope, keeps u coming back but doesn’t win u money.

It’s not irrelevant. If u hv a strong cash position to last 10 years, why would u give a damm if the good news is announced year 1 or year 9. It will reach ur TP anyway.

If u hv a weak cash position, which for example can only last T+7, do u think it’s the Armada’s responsibility to make ur life better by announcing news that they hv just installed one additional bolt than yesterday?

How does individual circumstances relates with a companies management performance? Now that really irrelevant.

As for Management not answering question; Read this.

https://www.google.com/amp/s/www.telegraph.co.uk/business/2017/04/13/elon-musk-tells-unhappy-tesla-investors-buy-ford/amp/

This kinda news affects momentary sentiments. When the news of it’s fully accepted don’t matter. What’s important is they are committed to get it accepted. It only matter contra players. I’m the project leader, I wouldn’t bother to tell when it’s announced

Do u think any retailer has the cash position and the nerve to outlast the FF or institutions? When it’s over priced, retailers think it can still go higher. When it’s under price something must be wrong. Sigh.

That’s How retailers always lose to FF or institution. Like i always say, if nobody sells low and buy high, market stalls.

For some reason, retailers nvr seem to run out of cash to lose.



.

Chl1989, do u think sifu KYY will come tell u he is selling before he sells?

Common sense would tell u he won’t either. The key point is, make ur own research and judgement if it’s a right time to enter or exit based on facts.

When got people sapu when there is a sell down...time to hold tight...

Just remember if nobody sells low or buy high. The market stalls.

@star8888, how do u know?

If Heng yuan rise from 7 -19...that’s a good 2.5 increase. I’m not greedy. I get 1.75 enough.

@maurice, tmr price will come down to about 42sen before shooting up to 0.6 above. Because bad market sentiment and reduced profit from same quarter last year. Might shoot up bcos 500% increased from previous quarters.

I guess I just hv to accept the people in the market are stupid especially those holding ace counter that’s not covered by mainstream market analyst. Don’t simply assume that if it comes down means it’s bad. That’s a poor assumption.

I don’t know, let see. The way I see it, the company is expanding. Read point 10 on segmental information. Sales in North Asia has been growing steadily. Who knows where is North Asia? And how big is their market share?

@PrimeInvestor, https://www.investopedia.com/terms/i/inventoryturnover.asp

I will confirm and get back to u guys.

Revenue increased proportional to the increased expenses and inventories

Inventories turnover got so fast? They rushed their machine so fast ar? I know their admin expenses went up 3X, inventories to revenue turnover drop from 180 days to 90 days? So geng?

Yeah, I think they outsourced quite alot of job...Trade payable increased 3X...It's possible to cash in sooner. I don't think new staff can start delivering revenue so soon...

Anyway, the truth is simple, the act is tough. The most universal truth about market is “it’s a Zero Sum game”. So, out of 10 players, 9 losers to support 1 winner. Hence, technically all you need to do is do the opposite of the other 9. Now, that’s the real challenge. Will you buy when everyone sells? Will sell when everyone buys?

Just saying.

Truth about market is it’s NOT efficient. It’s filled psycho! Filled with psycho that use irrelevant 2015 news as reference.

Let’s talk about hindsight based on YOUR common sense, about 7 quarters ago, when armada claire contract was breached, the price fell from RM1.1 all the way down to 0.51, based on your logic, “it shouldn’t be that cheap, something isn’t right”. You missed the golden opportunity.

Based on my common sense, I failed to collect at 0.51 but 0.56. The reason I buy was Armada Claire’s CAPEX are without debt and there is a compensation about RM1.5B to collect from woodside. Last time without claire’s Bad news was RM1.1. Now, with Kraken good news, it should at least go back to RM1.

Now, there are two good news that I’m waiting. Australian court fines Woodside. Armada Claire recommissioned elsewhere. I doubt the current price has factored that in. Current price is only reflection of poor market sentiments that index has fell below 1700pts from high of 1850pts. To me, that opportunity. But to you with assumption that market is efficient, then there is never a right entry point. FD is a good place for you.