good one there, cyna.

IB are herds, treat them as such.

Xinhua and Century will eat this guy for lunch.

risk freaks you out?

kc?

nice meeting kukuman.

Negative news sells,
Insurance agents and financial advisers will tell you to save money ( so you can have money to buy their products)
Investment books will tell you to be prudent and conservative...and save money.

Turn on the radio, read the papers, you are surrounded by negative news and people asking you to save money.

If you want to be super investor, you have to beat your own path.......that risk is not to be avoided at all cost. Afetr all, no risk means no gain.


The stock market rewards you for taking on risk and later proven correct. ....that is what it is all about.

paper...

This Century can be 2017/18 miracle stock........I project focus this stock.

Risk freaks people out.

look at self proclaimed value investors...Calvin, this raider, KC........risk freaks them out.


but stock market is there to reward investors who assume risk and later proven correct...That is what stock market is all about.


KC.....

if KC is genuine value investor, he will recommend Genting ( Genting is fantastic under valued stock ) instead of recommending small little manufacturing company with a few million revenue per quarter. That is what irritates me.....KC, the self proclaimed value investor is but actually small cap speculator....hang pig head to sell dog meat.

Risk freaks people out.

look at self proclaimed value investors...Calvin, this raider, KC........risk freaks them out.


but stock market is there to reward investors who assume risk and later proven correct...That is what stock market is all about.


KC.....

if KC is genuine value investor, he will recommend Genting ( Genting is fantastic under valued stock ) instead of recommending small little manufacturing company with a few million revenue per quarter. That is what irritates me.....KC, the self proclaimed value investor is but actually small cap speculator....hang pig head to sell dog meat.

One of the human trial weakness I found in most investors include Calvin is this, “THEY ARE WORRIED OTHERS MADE MONEY FROM THEM” !!!

Singaporean Kiasu Calvin weakness is also very common weakness ...risk freaks him out.

But stock market rewards those who take risk and later proven correct......after all, that is what stock market is all about.

I can only say I am impressed with the Company and what they have done.

April Fool day or what?

Negative news sells,
Insurance agents and financial advisers will tell you to save money ( so you can have money to buy their products)
Investment books will tell you to be prudent and conservative...and save money.

Turn on the radio, read the papers, you are surrounded by negative news and people asking you to save money.

If you want to be super investor, you have to beat your own path.......that risk is not to be avoided at all cost. Afetr all, no risk means no gain.


The stock market rewards you for taking on risk and later proven correct. ....that is what it is all about.

If you only average up, never average down where got margin call?

If you got good cut loss strategy, where got margin call ?

If you got huge profits and keep buying with unrealised gains, some times, market can suddenly drop causing a margin call. In such cases, margin calls are hardly the end of the world.....it is just an excuse to sell some shares and realise some profits.

rice can make you fat...don't eat rice la.

bunch of little men talking to themselves.

I look at PLC Annual Report, fully 90% of CEO of own company also use margin accounts.

left scared of ghost, right scared of devil.....how to be CEO?

disgusting dolly

insisting people to buy 30%? what is that?



by yenhui_koh > Apr 5, 2017 07:51 PM | Report Abuse

Hi manmy, I am actually quite confuse with you insisting ppl to buy 30% of Jaks

so any of you lose to your performance in the competition portfolio ?You should review your own performance, see what went wrong, where you can improve.

That would be better than all the margin of safety rules, all the esoteric formulas and ratios.....

KYY has never run away from risk.
In this case, the risk is execution risks, and future events and is all about probabilities.

He endorses it, studies it and makes up his mind..and go big.


That is what I like about him.

The market rewards those who take risks and proven right later.

its called the risk premium.

share market rewards those who take risk...and later proven correct.

tom

stock market no guarantee.....but KYY has been up front and straight forward.

no, I did not delete any thing.....In fact I sold soon after Company announces sale from Treasury shares...and company was evasive when asked direct questions.






Jon Choivo > Apr 5, 2017 03:19 PM | Report Abuse

Stockmanmy, yes you did.

I distinctly remember reading it, you can delete your post, but doesnt mean its not true.

I should think so...railings should use flat steel.

somebody here introduced me to Genting warrant....don't know who already.

My first reaction was Genting where can buy now? My wife bought Genting below $ 8 only recently but weird weird the warrant price still at as if Genting never moved.....

now, I am sitting on paper lost......who was the warrant guy any way?

charles

I certainly don't think OTB is God although he probably thinks so himself....but very stressful job he got.

I am not going to spread it...but that is what you seemed to have implied.

You telling me you lost a lot of money in 2014 on Mudajaya?

well...gains and losses are part of the game.....let go...you should let go.

charles, you are a person of no morals.

This is not my first day here....I have said enough to show I know my stuffs.......



CharlesT > Apr 5, 2017 01:28 PM | Report Abuse

I think plpman is likely a retired senior ac clerk,basing on his records here.

Can I just say I like KYY approach to the stock market?...A very focused guy.

Can buy 30% of Jaks at age 85 is not a bad role model for me.




d by Dolly_Chai2 > Apr 5, 2017 12:48 PM | Report Abuse

haha.... well said icon, especially on this one:

You have no other comment to make than whether I am an accountant?
well...there are all kinds of accountants, all kinds of engineers and all kinds of lawyers...and yes, I am at the top of my profession in my mid twenties, a fully qualified CPA ( M) by then.





y MG9231 > Apr 5, 2017 12:46 PM | Report Abuse

Accountants normally are trained with figures, ratio analysis, thier mind set can't change much after many years of computing with figures. They are trained to be kiasu n kiasi.
They will make decisions mostly based on figures. Not likely to be using qualitative thinking for decision making. So, how to perform dynamic investing style, sailing etc. this is my hamble conclusion

working through the maths, Jaks is still traded at a discounted price precisely because the project is still not finished. Wait for it to finish, it will not be at current price.

Its called the risk premium.

KYY do not need anyone to support Jak price. The whole forum add together cannot make porridge.

So, you lay off KYY and lay off spreading fake news, Charles.

His money, his risk, and as always, there is always yin and yang.

You can comment on the pros and cons, but no spreading fake news.

I have one main message....take it however you like...Icon

That when I first joined late 2015...this forum is dominated by people who wants to teach you number crunching. That is the easy part.

The role that number crunching especially the complicated and esoteric stuffs, and margin of safety...( hate to see that term ) has on a person's success in the stock market is grossly exaggerated as a result.

A good buy is one with a good business ( business sense), good people and good price , in that order....not any other order.


Pivotal moments are a very useful concept in maximizing wealth...understanding self and psychological factors are essential . For there is no use if the share go up but no more skin in it.

Over the last few months, I notice people pays more and more attention to non accounting factors...and that is a good development.

and I am not a fake accountant.

no risk no rewards is always true....no getting away.

ks

the market rewards you only for risks taken ....no risks , no return, simple as that.

=============================
To protect your hard earn profit in bull, just follow kcchongnz stock selection.
For he won't bring you to holland...........

OTB


My remarks on you !!

Choose high risk stock.
Not diversified portfolio.
Do not know how to select stock.

But those remarks were directed at a different portfolio from the one shown here.

In fact those remarks were made when your competition portfolio shows a negative return > 20 % early in the year.....not the revised portfolio shown here.

otb

I am a free agent.
I don't have students and I don't collect subscription fees.

I can comment whenever and wherever I like.

and I certainly do not have your kind of stress.

Here is another very good article.....

HONG Kong-based Value Partners Group chairman and co-chief investment officer Datuk Seri Cheah Cheng Hye, also known as the Warren Buffett of Asia, is a former Star journalist who becomes one of the most influential fund managers in Asia.

http://klse.i3investor.com/blogs/moneymoney/119599.jsp


extracts

"So you believe more in quantitative methods when buying stocks?

No, although we also use that for ourselves. Remember what I said about our formula for investing?

Its based on the 3Rs. The right business, the right people and the right price. The most difficult R is the right human being."



When I first join i3 last year, this forum is dominated by OTB and KC and their quantitative formulas and ratios....hardly any discussions on business and people.

But this forum also have great bloggers such wealth wizard and bones......their writings are easy to read, and addresses business, people and numbers with equal competence.


As Datuk Sri Cheah says, numbers are the easiest, it is all in front of you....but all his mistakes comes from misreading the people.

when I first joined, this forum is dominated by people teaching, applying and using 20 formulas and valuation methods all based on historical data....and proud to have made millions , worth millions. A generation of number crunchers.

As if investing is so simple, that when I point that out, I became a fake accountant.

It is easy to see that the more rules, the more strict the rules, the higher the likelihood the whole portfolio will be full of stocks of the same characteristics.

FA and TA are tools. These are not guarantors of success. But sometimes presented as magic wards that will turn poor people to rich people ...what rubbish.

First of all, all those in real life, lose to their performance in the competition portfolio should review their own performance, see what went wrong, where they can improve.

That would be better than all your margin of safety rules, all your esoteric formulas and ratios.

People like you, you think you can keep a share and not sell it after 5% gain?

OTB same same......always come here tell us how much money he made from i3 competition portfolio.

This year 228 out of 230 competition portfolio shows a gain..................a gain of 20% is only average after 3 months......How many indeed actually can replicate this performance in real life?

so scared of market, so scared of risks...every thing starts with margin of safety, how you can keep a share after a 5% gain?

so, don't bullshit with some bullshit portfolio....show me you can buy 30% of Jaks.

lousy or not, you got no time machine and you didn't return from the future


paperplane2016 > Apr 5, 2017 01:28 AM | Report Abuse

Why jaks lousy share going up? Some stupid jack ass buying loh

goh

so many tin kosong shares, Ace Market shares really up 100%, 200% attracts much less comments about way over valued. But this IPP shares gets such rave reviews.......lol

so stop your fake news, raider.

to unload?

who is talking about unloading?

I don't think it is possible to unload > 100 million shares in the open market.



=====================
But....it is not easy loh.....to unload

goh


Its mind tricks.

Whole market up a lot lately.....never hear much people say ...currently way overvalued. Opposite is in fact true. People are inventing excuses why every share they come across is still under valued despite huge recent appreciations..all except things they are biased.

Price go from $ 1.00 to > $ 1.60....people can still post so much ill feelings ......and fake news.

Can never satisfy these people.

KYY do not need anyone to support the price.

But if you choose to buy, it is your own decision.