Friends, there are so many challenges ahead ya like our lives But we have to make it right?

So think how we manage cost ya.

Having said that we want Good things at affordable price so it will be beneficiary to everybody. A win win situation for everybody ya.

Consider lucky lah A BIG step forward.

Luckily Business Owner does not think like that.

Palm started as Plantation and then evolve into Big Industry. Private and Public entity should do what it can to protect its competitiveness. With good Business Value, surely plantation land will appreciate as well.

I dont think I can forecast anything as much as I dont understand lots of complicated things. A simple One will do much better.

I think there is no Economy of Scale in this Business is it?

Remember land appreciation is because of Business Value as well.

If Not market will continue to Discount all the hard asset on hand that includes Cash as well due to lack of Business Value and inflation Erosion.

But in Stock market there is Only Business Value. Those who don't like it can take the company private ya.

Well capital repayment/special dividend/extraordinary gains is besides the point.

The more variables in valuation will make it more difficult such as financial risk, business risk, market risk, credit risk, earning visibility and growth prospect. As such understand the Business well enough is a prerequisite/a must.

Looks like a bull trap ya.

Oh PM got time for petrol card Now. Really Salute.

alamak what is ahmad said anything to do with Dsonic? Sorry if i sound sarcastic but i really love you all here and always wish you well.

Surely there are lots of Absolute Valuation Method that determines the cheapness of stock in term of Margin of Safety which are most widely used among under research company probably small caps and returns are fantastic when they kept outperforming during market upswings.

WELL we have to compliment their achievement and credit for their hard work.

Future Investment Return is governed by:
1.+ or -Dividend %
2.+ or -Growth %
3.+ or - Market Risk/Market Valuation/Business Risk/Business Valuation

From here I would advocate Boring High Quality Business which has good dividend yield just in case i am wrong. Well since it is very Boring Business there is not much trading activities so the price is quite reasonable most of time.

Dear Plumberii, bad things happen all the time. It is Not important anymore to me if it ever happens OR when it happens OR how it happens. The important thing is you need to equip yourself to know the value of Business in good times and bad times ya. Economics is One issue. Remember Businessman always think differently. They really strive in good times and bad times.

if stock market is fairly priced Now then depends on the outlook of next year. If outlook for next year is bright then market is cheap. If outlook is gloomy then the market is expensive.

You know there are so many version of Pyramid scheme in stock market and the manner of price drop has confirmed that. I would still say it is ONE of the SHELL company.

I really like DCF model. But one has to better understand why DCF model works and its assumption. I also like KC approach of using multiple models to assess a company. Each has its merits. Fundamental analysis is such a powerful tool if one can understands them.

BUT Dont hope blindly ya. Being cheated also dont know.

Relatively High Payable or Receivable to Cash/Profit should be noted as well.

Positive or negative changes under the individual variable items of the formula carries equal weight if not more important than the formula itself.

Mr Gan Ah Sai: Nice to meet you again. Yes sometimes too many people talks about successful investing But Nobody has been taught of safeGuarding themselves for the case like KNM, MEGB, CitiBank,Enron etc.

For me Price is the single most important indicator/SafeGuard of all time as price reacts before any inside News and it should not fall more than 30% from its High. If it did, my rule is sell and I dont want to know Why.

I continuously phase out those Holdings which cant meet this single criteria during each crisis as I add on to those Holdings which continue meet this criteria and it is proven fruitful as i want to Hold Uptrend stocks either in Good time or Bad times.

But they have to think of how to increase market share right?

Company offers Warrants can be rewarding as it is just an option.

Anyway if you Really Really Really investing like an Owner on Business Perspective, you know what to look for.

survey the market ask people who knows the Business especially employees/creditors /debtors and competitor for example and study the business edges and know how of Business in areas of technology or where is their market/demand or how they can get cheaper sources of input and how company manages their cost.

So My Dear MR R: Who says as a trader I cant hold my position for more than few years right? I really cant people Rojak.

I would advocate the very first criteria of stock valuation is the Business Model evaluation and people/management evaluation as you cant do Business with Dishonest people.

High Receivables Plus Close to zero margin Business might even suggest this is just a SHELL company.

after writing off the bad debt, company is in negative cash flow and negative asset position.

Very high and Doubtful Receivable. Manipulation of accounts. Not Honest.

If i ever have to trade first thing i look at is ten year chart and its Parabolic-Step 1 position.

What a talent ya.

You write like chinese fighting comic. My compliments. Sometimes attack sometimes defense. You could be a Writer.

charting tool is quite advance ya.

Since the price level is already there. So it is easy to trade. So you know if you are right or wrong. The worse is you are in the Dark and dont know if you are right or wrong.

From the chart you can see it is an uptrend chart. Yes it need to maintain above Rm0.495 for trend continuation.

Better odd is that Trend is always very persistent and lasting for very Long period of time.

If your intention and focus is to wait and trade at important price level of SARS, you might get it Right most of time as your focus and discipline is there.

Sorry I think the green Dot is Rm0.495.

For traders who are using SARS:

1) SARS represents very important price level at certain points. It is a very good Entry point either to Buy or to Sell; You have to make decision at this point; If you don't even know whether to Buy or Sell at that particular price level then don't trade;

Either Buy or Sell, it is going to be Low Risk High Return trade as you will know very soon if you are right or wrong and you know where is your Stop loss is. Surely it wont stay at this level for Long.

2) Lets say the price level of Green dot of SARS is RM0.45.

If your intention is to Buy then the Rule is Buy above Rm0.45 as price manages to stay above RM0.45
If your intention to sell then the Rule is Sell below Rm0.45 as price fails to stay above Rm0.45

Well whether to sell or buy at this point of time will depend if we can comprehend the power of that particular MOMENT. If you can feel the flow of life and peace of mind at that particular MOMENT you are probably be Right.

So our objective is Wealth Building/TO BE Rich/OUT of Rat RACE Not Profit taking. Once objective is clear then we can understand the process is structured in such a way.

So much time has been spent on the whole process of identifying good business and holding on with the company in good time and bad time, hopefully we could build the wealth from the business NOT just the profit ya. As by taking the profit is like we are admitting the mistakes in the whole process.

Happy investing.

Interesting to observe Hartalega at this juncture as Either in Bull or Bear Hartalega is leading the pack.

For example if KSeng consolidates in between Rm5.5 and RM6.5 for number of years then it is a Buy again.

Really Good. Keep it Up.

Basically Look out for medium sized company like K Seng (Not too Big like top 10 market cap/Nor Small Cap) a High quality company in a Growing Sector. Study the ten year chart make sure it has never drop more than 30% before.

Observe Price Consolidation/side way movement for at least 2 years and initiate a Buy. Price is reasonable and attractive at this point of time as price consolidates while earning keeps expanding and wait for price moving out of range. The Longer you wait the better it is. Meantime you enjoy the dividend. The down size risk is 30% which is of low probability and there is no preset upside gain.

If price moves in your favor of more than 30% and range of range most likely you are right and will be able to Hold the stock for very very long period of time as what you need to do is only Take profit of this Stock Only the price moves down more than 30% of its High (Surely you still have Profit). If this is indeed a High quality company you will be able to add on position along the way during its about 20% or so correction.

well, we really hope to Hold forever.

Oh blame themselves for their decision and losses instead of others.....Yape just admit mistakes and move on. Beware of Big Ego and Heavy Pride.

So what should you do then? Dont keep fighting with the Darkness.IF you sense that the speculation is high, then walk away.

Switch on the Light and the Darkness is gone.

Keep focusing on Good Company Value and Invest with Business Perspective. Trusting the market mechanism and Invest with Higher Law in mind and learn to manage your cash and portfolio diversification ya.

Let me put it this way.
Big boys knows at least 4 things 1) You cant stand the price volatility 2) You dont have the deep pocket 3) You are not patient enough. 4) Price tends to consolidates for sometimes and that bored you down/put you in self doubt.

That explains market always weed out the weak holders ya.