KYY wants to double his money when the IPP goes online.

what does 84 years old want? take over the company? That cannot be.

gushan...share market is short term, businessmen ( KYY) is longer term.

you have to look at their respective stock levels then....Choo Bee is a steel trader and speculator.....Choo Bee bet the farm that prices will keep going up...CSC is just normal stock level at March 2017.

since Choo Bee stock level is at record high, stock write off at Choo Bee will be horrendous if prices come down because iron ore prices have come down about 40% recently

Since stock levels at Choo Bee is at record level, stock write off at Choo Bee will be horrendous if prices come down because iron ore prices have come down about 40% recently..................

there are good reasons KYY drive Rolls Royce and raid drives what? Not all luck.....hahahahaha

All steel stocks free falling, no matter do good or bad

to punish i3 members who went ballistic recently

I have seen my Mycron from + to -


Q1 results boosted by stocking activities throughout the industry.

CSC

The largest manufacturer of CRC products in Malaysia. CSCSTEL (listed in Dec 2004) is engaged in the upstream of the steel value chain, manufacturing and marketing of pickled and oiled steel (PO), cold rolled coil (CRC) products, hot dipped galvanised steel (GI steel) and pre painted galvanised steel (PPGI) or colour coated steel. The group operates in the mid-stream of the steel value chain. The stock is a resilient play on the steel sector amid diversified revenue base to buffer fluctuation in the industry in the construction & property, manufacturing & Industrial, automotive and others. Since inception, CSCSTEL was able to ride on the tough operating environment largely unscathed, thanks to its hands-on management, solid balance sheet, sound business structure, product acceptance and operational efficiency coupled with strong backing from its parent, China Steel Corp, Taiwan.
The company is situated in Ayer Keroh Industrial Estate in Melaka. It has the capacity to produce 40,000 metric tons of P&O, 440,000 metric tons of CRC, 240,000 metric tons of GI and 120,000 metric tons of PPGI steel annually. CSCSTEL’s main raw material, hot rolled steel (HRC), is mainly supplied by its parent company and its related companies in Taiwan and Vietnam. The group’s downstream customers are the steel pipe makers, steel drum makers, roll formers for roof sheet and cladding and steel service centres. In 2016, the capacity utilization rate of the plant is 90% and its main market is in Malaysia with less than 20% of its revenue derived from exports.

which you rather hold...CSC or choo bee?

too bad I don't have the shares to short...you lend me Choo Bee to short?


slacko > May 29, 2017 09:23 AM | Report Abuse

stockmanmy...i wish you good wealth on csc with the current PE 10...and please help to push choobee lower...if possible make it PE 5 or something :)

haha
slacko another PE purist

I am buying CSC

slacko

you should buy CSC now...don't wait.

great idea for portfolio managers
but what are individuals supposed to do? Buy and wait?

So Warren Buffet recently admitted he was wrong and he did not have the financial smarts to buy Amazon ...but what made WB into WB was his strength and ability to buy turnarounds.

In turnaround situations, you will find wrecked Balance Sheets, littered with loans and borrowings, low profitability, high PEs...yet off the Balance Sheet, off the audited accounts, a developing story of improving environment, a compelling story you have to dig out....like when WB bought into oil and gas industry, airline industry, banks and insurance companies , railroads and each time, after major crisis in the particular industry.

Growth stocks and turnarounds have no easy formulas to follow, each case is different but they offer some of the best returns.

Jaks , growth story and Sendai, turnaround story are good local examples.

Juice

I call it maths / physics envy.

To some people, they think they arm themselves with a fixed set of formulas can go out and conquer the world of investments.

Engineers do love their formulas, don't they?

a small project with small capital and decent earnings will give you IRR 12% and $ 1000 p.a.

An US$ 2 billion IPP project with decent earnings will give you an IRR 12% and US$ 100 million p.a. if the capital structure and gearing levels are done right and especially if there is an early recovery US$ 100 million of capital from EPCC...follow the money...details matter.

Good businessman will choose the latter, maths teacher thinks there is equivalence....that is why business man drive Rolls Royce and maths teacher drives what?

KC and his IRR is old school

Bitcoin and block chains are the real deal.

sounds exciting to me but I too old to learn.

my son is studying CFA
my daughter is studying Big Data and Analytics.

who will have a brighter future?

charles....

Financial tools must be handled with care otherwise it can be very misleading.

a project can give you $ 1000 per annum and yield you an IRR of 12%.
another project can give you $ 100 million per annum and still yield you an IRR of 12%

you will want the $ 100 million p.a. project over the $ 1000 p.a. project if you can get it.

there is some thing fundamentally flawed in maths teacher way of looking at things.

Businessman look at the money, follow the money...be direct about it.

you know how to mine bit coins? respect.

some say it will be US$ 20,000 in a few years.

It is not going to be very lucrative if your whole portfolio is full of left overs and wall flowers.

............even maths teacher only slightly better in the rankings.

It is not going to be very lucrative if your whole portfolio is full of left overs and wall flowers.


calvin...dedicated to you....you are living proof, 224 out of 230.

hahaha I like this article, I really do.

A public forum such as i3 has been dominated by FA and TA technicians without business sense for far too long already.

My guiding principle for stock selection is good business, good people and good numbers in this order.

If every FA wants to buy high NTA, low PE and strong Balance Sheet...(and they don't even adequately cover the business) ..when high NTA, low PE and strong Balance Sheet is actually found, what do you call these? I cal them left overs, like the wall flowers in dancing party. It is not going to be very lucrative if your whole portfolio is full of left overs and wall flowers.

On the other hand, Amazon is a 500 bagger but what FA tools can the FA experts use to buy and hold on to Amazon shares to ride the rise of Amazon? Again, reinforcing the idea that business sense is the number one skill to be a hugely successful investor.

Even financial guru Warren Buffet recently admitted he was wrong to have overlooked Amazon and didn't have the financial smarts to buy Amazon. Even Warren Buffet admits there is room for improvements in his arsenal.

So...would the i3 warren buffet wannabes dare say he is so perfect he has no room for further improvements?

it is unimaginable that one cannot cannot learn from a 84 years old with decades of experience and drives a Roll Royce.

That is why, those still driving a Proton, those without lots of practical experience should listen more and talk less if they want the stock market to improve their lives substantially.


and one last thing.....those who know do, those who don't teach.

Self taught is the best form of education.

there is some thing very flawed with maths teacher from NZ when he only look at IRR and cannot see the huge absolute amounts of $$$$ in a US $ 2 billion project with IRR 12 % when accessing risk to reward decisions.

that is why it is not luck that 84 years old maverick drives Rolls Royce while maths teacher drives what?

but soon, with 1.2 GW power plant, Jaks will leave MFCB in the dust.


y abangadik > May 28, 2017 09:41 AM | Report Abuse

crash or no.. KYY is trapped! If he didnt sell a single MFCB, he could had enjoy life and make money by not doing anything.

stock market is short term. Businessmen are longer term.

With Jaks IPP on schedule and Sendai turnaround showing results, KYY is safe from being trapped unless world war 3.

paperplane2016 > May 28, 2017 09:31 AM | Report Abuse

Crash coming. Kyy is trapped

calvin will continue to be stuck in Bjcorp, mui, perisai, kbunai, mp corp, mulpha, alam, bpuri, dutaland etc allchun chun holland call...

why? because his methodology is basically flawed.

Investors have to realise, business is alive, living, flexible, no limits.

FA and TA alone cannot capture all the opportunities available in the stock market.

Amazon 500 baggers since listing.

How people can keep it without selling?

First rule...ignore value investors.

TA and FA not enough to drive Rolls Royce.

To drive Rolls Royce.....must have the skills, the desire to pick up an Amazon , and without selling it based on some stupid target price based on silly Maths.

maths teacher looks down on IRR 12...but maths teacher can tell me what is average annual accounting profits of a US$ 2 billion project with IRR 12% ?

yes, there are business and execution risks ...but annual average accounting profits of a US$ 2 billion project IRR 12% is no laughing matter.

maths teacher looks down on IRR 12...but maths teacher can tell me what is average annual accounting profits of a US$ 2 billion project with IRR 12% ?

yes, there are business and execution risks ...but annual average accounting profits of a US$ 2 billion project is no laughing matter.

kc

one more thing.....

in stock market, buying turnaround stocks...( Sendai and Jaks ) when it pants out is more lucrative than buying perfect stocks of high NTA and low PE, strong Balance Sheet......the value investor dream stocks.

kc

stock market is short term, businessman is longer term.

It is my opinion that with Jaks and Sendai, businessman will be proven right. You and your maths cannot pakai one.

Time will prove me right or I shut off forever.
. Suffice to say, there are conservative projections and there are liberal projections and any thing in between....but the common sense approach is....what do you expect MD of Jaks to say to the press in Hanoi? and in their negotiations with the government? That the IRR is very high?

The proper way to approach stock market is know the bet...know what is the bet, why the bet, not necessary you will take the bet....but it is not luck that KYY drives rolls Royce and maths teacher drives what?

On the issue of IRR of 12%....even just 12%....

can maths teacher tell me....what is the approximate accounting annual profits of a US$ 2 billion project with 12% IRR...and the likely impact on Jaks? Don't forget, Jaks NTA itself is already $ 1.20.


I think maths teacher did not look at the rewards , that is why cannot drive Rolls Royce.

I am all for it....lets see 6 months from now.


MoneyFace88 > May 27, 2017 10:27 PM | Report Abuse

When Sendai price went down to below 55 cents, Calvin said Sendai is "Send to Die" . Last Friday close at 98 cents. Let's see 6 months from now what is the price, then we will know who is the winner : )

comparing Calvin Holland stocks and dead stocks , KYY stocks full of potential.

They have the X factors that I like in a stock.

calvin.....


Jaks and Sendai at current price...I would not call them a steal, neither would I call them a dude.

It depends on reason for the bet, the risk tolerance and time horizon.

No ponzi scheme here....just caveat emptor.


Jaks IPP is progressing on schedule.....

and Sendai Q1 results have not yet reflected strong recoveries for 2017/2018...............


Furthermore, it is my opinion......anyone not as successful as KYY, not as old / experienced as KYY should listen more and talk less.

It is true KYY is not the most conventional investor in the world...but after following KYY for a year, I consider that a strength, a reason for his success .


I think both Jaks and Sendai will turn out good, but time and patience is needed.

But stock market is short term, businessmen is longer term.

good example, look at KC....want to be like kc?

Dares not buy Sendai at any price...dares not buy Jaks at any price......people makes 50% and 40% already......lol



Jaks IPP is progressing on schedule
Sendai turnaround is not yet reflected in March accounts yet...more to come, much more to come.

that is why some are successful, others are not so.


Let time prove who is right......

so what upsets you?

myongcc5 > May 27, 2017 06:51 PM | Report Abuse

U hv psychological problem, I guess! Seek medical help if necessary! I m serious!

the future have not come.
we don't know.
its caveat emptor.

newbie92 > May 27, 2017 06:49 PM | Report Abuse

Buy high always die.
Still want put trap.
Money so important?

so what upsets you?

myongcc5 > May 27, 2017 06:48 PM | Report Abuse

Then buy somemore, not enug fund get fm IB, why drag me in? Who cares u die or make big wth KY gel!

one more thing

don't even write off CSC Steel just yet....

I see strong possibility CSC Steel will soon leave Choo Bee in the dust.

myongcc


what upsets you?

Jaks and Sendai at current price...I would not call them a steal, neither would I call them a dude.

It depends on reason for the bet, the risk tolerance and time horizon.

No ponzi scheme here....just caveat emptor.


Jaks IPP is progressing on schedule.....

and Sendai Q1 results have not yet reflected strong recoveries for 2017/2018...............

what benefit probability?

until you learn self improvement....improve your results.

what benefit beary.....

until and unless can stay one step ahead of KYY?

myongcc5 ,


nothing for you to gain...until you can be earlier than KYY...staying one step ahead is the real game in town.

there is no final tally yet....

until it is final

name of game is...stay one step ahead, make money, improve.

not blame game

myongcc5 > May 27, 2017 05:57 PM | Report Abuse

Ky use $$$$ power, not brain power

its called staying one step ahead...

even Sun Tzu will approve.

no ponzi

KYY takes the same risks everyone else does.

only earlier.....lol