All Ace market players?

Place where poor desperados meet?

Prudent conservative risk adverse people do not do their hunting in Ace Market.

leave that to the desparados.

Ace market is a seedy joint, agreed or not?
Ace by definition means no tract record, agreed or not?


Ace is a place prudent, conservative and risk adverse investors don't go.....agreed or not?

I don't go there. I thought only pennyless, desperados go to.

Post removed.Why?

The point is...You cannot go around town telling people you are a Value Investor and then turn around and put the money in Ace shares....I think that is a fraud.

I too would sack the guy immediately I found out about it.


Use your own money do what ever you want.....but to hang pig heads to sell dog meat....that is a fraud.

raid is another pretender....I know that about you before I know KC is a pretender ( about being Value Investor) and a fraud.

For the guy who asked me about Genting valuation.

I think Genting should be bought and kept for as long as one is happy with it. It should be bought because it has earnings from all over the world, trading at NTA meaning its dozens of casino licences come FOC, good earnings and still room for growth eg Japan, Korea.

Since there is no intention to sell, there is no need to do any valuation. That should be the correct attitude for Genting shareholders.

so, you use KYY money to invest in Ace shares?

if you did, you are real stupid, no cure.

not only KYY, any business tycoon will get upset if you use his money to play play Ace market. I, of course, will sack you immediately if I found out that is what you do with my money.

Ace market got no respectability. It is the seedy joint of the KLSE where respectable people do not want to be seen hanging out in. Of course for venture capitalists, it is a different breed...and must be explicit about it.....One don't pretend to be Value investor and then put money in Ace shares......That, to me is fraud.

If he can give you money to invest, gains and losses is not every thing. Gains and losses can be understood in the bigger picture of things. The feel good factor must be there. I don't feel good if I give my money to a stranger only for him to put into Ace shares....

That is a No No.

Risks and returns are related....

Even if you tell me, you make money , so what? Making more money is simply a function that Ace market is riskier.

An Ace and warrant gambler pretending he is Value Investor...No wonder KYY sacks you. I too would do the same.

you remember when I first come to this forum, I only wanted to talk about diversification and diversification as the only free lunch in town.

now, I try as much as possible to sailang...but not easy. There is this survival factor, the fear factor. Fear is difficult to over come.

I try to....get more courage to sailang when opportunities come.

It works wonders......

For KYY, it is naturally easier because that is what he do all his life...and he only need to average up...keep on averaging up. Keep on averaging up, margin account keep on expanding. Very enjoyable game for him.

Well, at least we share the same stock picking focus and strategy and I really wanted to know how he can sailang so much.?
sailang is not easy , you know. ?
who dares to sailang so much, so focused? But, if you don't sailang ,how to be so rich?

I wanted to find out every thing I can find out.


y kcchongnz > Apr 8, 2017 01:08 AM | Report Abuse

I,with many years experience, can judge a person very well. I don't simply worship anybody just because he is rich.

IT shares and ACE market shares are by definition Growth Investing...you are investing for growth.

Different skill sets, different mentality from Value Investors.....

So, I imagine you are a Value Investor because you said so yourself.

When image and reality don't match, that is when I say you are a fraud.



no wonder, you write about warrants too. Now, every thing comes together. Your cultivated image is just a screen and don't represent you in real life.

Both KYY and I are old school.

Know nothing about ACE market shares and little interest in IT shares.

and I always thought academician and self proclaimed Value Investor must be a conservative investor, prudent and risk adverse investor....

How would I know you are such a gambler in Ace Market shares?

Different frequencies, no wonder KYY and you cannot get along.

The only IT share I have done this year is GHL....a share well promoted by brokers ...the only IT company I have respect.

I bought around $ 1.20 only to see it collapse immediately but I thought it was a good deal with an even bigger fund manager so I bought more $ 1.04 to see it go limit up immediately. Funny share. Sold next morning at a low of $ 1.62 only to see it reach $ 1.87 within an hour.....real funny share. hahaha.

kc

But you a fraud, you know that or not?

Your image is an academician, a value investor in the mould of Warren Buffet. A WB wannabe. But, you look down VS , an industry leader and go dabbling in the Ace Market ( by definition, these are companies without a track record) and tiny companies ....By definition Value investors are prudent investors, conservative, risk averse investor....but in real life you are a gambler in funny shares.

No wonder you cannot get along with KYY. I also cannot tolerate an adviser like that.

Just like KYY, I normally only do shares of industry leaders, of normal companies,. I don't even investigate or trust IT or ACE shares much.,,perhaps influenced by Warren Buffets and my own career. I am not an IT man.

Now, I understand why I am so repulsed by you.

I believe KYY did not sell any above $ 2.00, or if he did, it is not many....there were no manipulation.

All my positive postings were before I changed my mind after the Company sold their Treasury shares....and before it hit $ 2.30.

I sold on the way down , not on the way up.

I am not a gambler like you....I am a Dynamic Investor....almost all my shares are industry leaders...CSC...I bought $ 1.70./1.80 sold around $ 2.25



and I seldom buy IT shares.....

so, the so called Value Investor is in real life a big gambler in funny shares.

I stay very focused on one favourite page. sometimes I amend the favorite page, that is all.
of course, I also look at the top volume page.

I call myself Dynamic Investor, but I don't investigate Ace counters......funny or not?

How come I become the more conservative one? the more prudent one? I buy HSS only because I know them from 20 - 30 years ago.

A few years ago, I don't even know KYY.

gambling in Ace market...if that is not Dynamic investing that what is it?

funny.....I have no idea what is Salutica, Willow green, MMSV.....

I never investigate Ace counters.

How come I have become the more prudent one? The more conservative one?

HSS is the only Ace counter I make money this year.....perhaps ever...don't remeber.

I buy HSS near the bottom 40 sen , happy to sell at 70 sen...few days later it goes to almost $ 1.00.

casinos license is not some out dated biscuit making machines.

the right question to ask when buying shares is.....what is the business trend for the next ...(xyz ) periods you want. what is the history of the shares and the fundamentals.

it is a wrong question to ask...what is my 30% margin of safety? what is the true valuation or what is the target price are also wrong questions.

these are no good answers to such questions.

As KYY puts it......the most pertinent question would be.....would the EPS go up or not?

this is a very common mistake that all sifus make......they are totally wrong.

lets talk valuation.....

when Charlie wants to take over a company, surely he has a valuation in mind....why? because they have dozens of companies with controlling stakes. They can do stuffs with the companies they bought.

when KC talks about valuations...what can you do with the company shares you bought? Nothing....just waiting passively for your dividends and for the price to go up.....both of which are out side your control.

Both you and Charlie are talking about different things, from different perspectives.

From your perspective, it would be more fruitful not to have any dogmatic notions of valuations.

kc


can get dozens of casino licences at net tangible value cheap enough or not?

that should be more objective than what is your valuation on XYZ compared to my valuation on XYZ.

Value investors should not recommend Ace counters and Fibon which has a $ 1 m turnover a month. Value investors are supposed to be prudent, conservative and risk adverse.

One more secret....I think it is a liability to ask me what is the valuation of Genting or any stock for that matter., or for me to give even if I have one.

We know what is today...we do not know what tomorrow brings. So, what valuation you want to talk about? Bull market valuation? Bear market valuation? some where in between? and if tomorrow things changes, then how?

Your job is to squeeze as much profit out of it as you can.... I have not been very good at that. My strength is in identifying stocks that look interesting and reward should out weight risk based on current trend and current conditions.

kc


tikam or not......as long as I make money....and I am not responsible for anyone else well being.

but tell you what.....

value investors are supposed to be prudent, supposed to be conservative, risk adverse,. You are not supposed to recommend Ace counters and Fibon.

kc

in a zero sum game. ...


what do you want to imply with that?

you know it would be fake news and defamatory if you wish to imply what I think you want to imply.

kc

there is always a first time for every thing . It is just the time has not arrived yet.

https://klse.i3investor.com/blogs/stockman/119725.jsp

https://klse.i3investor.com/blogs/stockman/119725.jsp

can wealth wizard look into Pesona and help me make some money.?

not bad one actually.

Pesona is not even in his table of 7 construction stocks.

a totally neglected stock. If and when it comes, it will come as a bang.

can wealth wizard look into Pesona and help me make some money.?

not bad one actually.

Pesona is not even in his table of 7 construction stocks.

a totally neglected stock. If and when it comes, it will come as a bang.

can wealth wizard look into Pesona and help me make some money.

not bad one actually.

It is not even in his table of 7 construction stock...........it is a totally neglected stock.....if and when it comes, it will come as a bang.

To tell you another secret............

I actually don't have a personal valuation of stuffs I buy. I look at analysts TP as a joke.

maybe, that is my weakness and maybe because of that I sell too early....I almost always sell too early.

actually the last few months very easy to make money one.....just jump into the theme of the moment...so many shares that I touched in last few months turned into gold but I always sell too early.

On Genting, let me tell you a secret.....I actually asked ask KYY to follow me buy Genting at below $ 8.00 for the same reasons I posted here.

I though a guy like him should get some Blue Chips for once. He told me he is very bullish of the market when everyone was panicking in Nov / Dec.

He refers Genting to his assistant, don't know what happened to it.

I answered that already.

==============
Stop evading KC's challenge. What is your valuation of Genting?

Reply and silence your critics.

Wall Lend don't have any weakness for people to criticize. That is for sure.

He cultivated his image well.

kc


On CSC, I made money...
on UMWOG, I lost a little

There are times, I dabble, there are times I sailang.

But all my big mistakes this year are never in buying the wrong stocks....but in selling my stocks too early......

My portfolio growth this year would have easily exceeded 100% this few months if I sold correctly instead of the miserable 40 % I now have.

kc


On CSC, I made money...
on UMWOG, I lost a little

There are times, I dabble, there are times I sailang.

But all my big mistakes this year are never in buying the wrong stocks....but in selling my stocks too early......

My portfolio growth this year would have easily exceeded 100% this few months if I sold correctly instead of the miserable 30 - 40 % I now have.

duit...all in the name of sharing.

I very generous one, if people know me better.

===============================

Why U help him keep warm all his article...??? so nice la you...

well...seeking alpha is not the only goal of genuine value investors adviser............

But, if you are Dynamic Investor, then it is different and OK.

======================
Up till 4th April 2017, or 3 and a half year, it returns a whopping 149%, whereas Genting returns 20%. So, if going back to 2014, which stock you would invest on 1st August 2013?

CM: I think that, every time you saw the word EBITDA [earnings], you should substitute the word “bullshit” earnings.]
=======================

not if you do not edit my sentence and tell them the full sentence.

Nobody even talks about Jaks in this thread, is there?
=====

somebody asked me a direct question........

Genting has a market cap of 29.8b as on 31st December 2016. Its total equity was 65.8b.

KC.....Genting equity to market cap ratio is 2.2 times? so good eh?

then you should buy more.

my actual words...

"meaning you get its dozens of casino license at book values, you get back your whole market cap in 5 years from earnings before interest and depreciation"

you are not supposed to debate by editing what I wrote...that is cheating.

looking forward to sale of Jupiter Securities.

Ekovest already shows you the market is not adverse to construction profits from building up the concession assets. That starts in earnest immediately.

On IRR from electricity sales, I am given to understand that the actual IRR from electricity sales will far exceed what is given to the bankers. ..and why they think so.