Best time to Buy Banking Stocks is during bank crisis. It will happen One day for whatever reasons/Black swan. Simple reason is that Government will not let Banking system failed.

Those speculate down is as guilty as those who speculates up as they are also speculating right? Who knows what is the next move right? Anyway Those who makes money are sure Not in this forum.

What is the recurring income of this company? Contract again? Cronies again? Unfortunately we are placing our fate in the hand of few cronies who always makes monies from us Or are we smart enough to make money from them?

The main dish is contract awarded and our population is only about 30 million and is not going to be 40 million overnite unless we lay eggs. What is the next contract? No more? Even a dessert? Again I am not saying the company will not be doing good after mykad but just think of company future on longer Business perspective.

My Dear man of Steel, do you want to bear if other people lost money? Let other decide on themselves.

My Dear, there is No need to BEt. Eventually from today onwards, this company will Either be Up 30% or Down 30% . This is for sure as ALL company will go through that. The question is What are we going to do by then?

IF you have High confidence when your stock is down by 30% I suggest you triple down your Bet.

I am not suggesting the company is Not good or cannot Buy at Rm2.4. But once you are in the market, this is the simple question we need to ask ourselves. What are we going to do at 30% down?

Somebody suggest here to Buy at Rm2.40 Well same question,can anybody buy at Rm2.4 withstand another 30% limit down?

My Dear Michelle, Most of time BOD/Directors/Even Group CEO also dont know. The Boss is somebody else.

Let me ask a simple question. Can anybody holding the counter here today can withstand another 30% limit down??

this is One dark Art you dont want to know and you dont want to learn and you dont want to touch.

I know lots of people here would choose cash rich/asset rich company.

BUT Please conduct Business with Higher law in mind that is fairness and integrity and principal centered and take into account of business partners wellness and surely always think of of small shareholders if not prioritizing.

Should not the rich always have concern on the poor? This is the least they can do.

We better value the company based on its core business.

To the Directors: All small shareholders are all waiting for decent handout to ease their living expenses. The Div means a lots to people on the street. A more decent one please.

Company unwillingness to spend will self-fulfilling the slow growth prophecy on the whole.

Lots of minority shareholder are all waiting for their Payday to ease their living expenses by corporate generous handout IF they are NOT using the money Instead every time corporate use the excuse of Buyback to enhance profit Ratio. Or they use company money for other investment for might-be/very-likely personal gain.

That must be a Group protesting to this.

When in needs of expansion the corporate can opt for borrowing/right issues/private placement etc, right?

Look at what Keck Seng has just done, that is Unacceptable.

it partly explains market has amazing ability to discount unutilised asset on hand. The meaningless share buyback has no effect on profit growth/core business efficiency/business prospect. Sad. It is like chopping my hand off.

Try to avoid company that is down more than 30% from its High by Historical Records. AS we can Only double down ONE time with confidence.

Forget to include Ayam Tua's Hexza on the above.

Though the 2008-2009 financial crisis is saved by corporate abundance cash holdings and central bank further easing, the economy growth nowadays may be hampered by Lots of corporate unwillingness to spend their cash holdings again except meaningless share buyback which will not improve their core business. Take a look at cash pile of Apple, Icap, FimaCorp, Pintaras, Keck Seng, YTL and son on. If they are NOT spending, then the stagnant growth is self fulfilling.

business is something like padini is it so?

Just don't know how the business works in garment industry.

Everything looks good except my concern in contract manufacturing in Garment.

Product itself, management, cash flow management, brand name, strategy and monopoly/durable business and competition/Entry Cost are all inclusive. Can anybody able to quantify all these value?

i rather put my faith/belief in stock selection and diversification and asset allocation and cash management.

The question always remains if the economy is strong enough to withstand High debt/Slow growth/high inflation and stagnant growth/High Interest Rate/Bank collapse/Property Bust/Currency Devaluation/or natural disaster.

If the economy is strong enough, then nothing will shake.

Selling off China property mean asset allocation rather than Recession. It happens when commodity and gold sell off as well as Apple Facebook Google sell off. Part of Economics process to clear off excesses. How Big is the economy Nowadays? If we cant even estimate the size of the economy, where and how are we to talk about Recession?

the challenge remains as when we talk about efficient frontier and stock diversification and Long term investment and compounding return we are obliged and being challenged to build ONE.

Company earning can be compounded year after year. Number of share holding can be compounded. Dividend yield can be compounded. please dont compound the stock price.

Always think in the context of ETERNITY in investment But WHY? Because of COMPOUNDING year after year.

Few people are this level Surely not the knowledgable one as they either always want to know their fair value Or always argue about macro views and they will always be Warren Buffet of the day during bull market.

How long can they last? Well as long as Bull market last i think.

Basic fact remains as the above example shown if you are not compounding you are earning nuts as simple question is How much can you earn in a single year ya?

amazing compounding rate of annual for long period of time. Investor should take this as example and continue to look for another maybank for next 40 years.

Surely there is Boom and Bust to clear out the excess so that real Business and good value investment will shine. So no gambling. No speculation. No pyramid scheme. If there is no Bust, all these pyramid and speculation and gambling will never go away.
Be prepared with certain cash level and hedging and diversification.
No need to sell your Business close shop and sell your house and go back to live at Kampung.

2 risks in stock market first is total loss of capital second is the risk of lower return than bank deposits.

AT corporate level the cash is HIGH and healthy at that time, so YTL has nothing to BUY at that time as well and until Now. YTL is still waiting like forever. One is asking Why? One is asking How?

REMEMBER everybody are virtually and literally on SHELL SHOCKED after 2008-2009.REMEMBER CITIBank needs to be bailed out? IT must be close to the end of the World, right?

WELL, everyboy is panics and I decided to go on Long Holidays as well. BUT NOT THE CORPORATE RAIDERS. THEY TAKE THIS opportunity to seize the World.

Well, let me tell MR Tan why he got it wrong this time and most people got it wrong during this recession is because they are not Businessman and are not thinking on business perspective.

1) First they got the macro-picture right which is Not good. In this case because of 2008 financial crisis. The repercussion could be at least 5 years. They got it perfectly right. And what they don't expect is the economy bounces back faster than they expected. Why? How? There are evidence everywhere from 2009 onwards that so many Business is still not doing goods. How can you say economy is doing great?

So here Mr Tan and everybody are correct.

2) The answer is that the corporate cash level is HIGH enough to weed out every small and medium Business/competitors on the street and Now is the opportunity. At corporate level they saw this is an opportunity to do so and expand on every boundaries because the small Boys are at their weakest moments as they could not access to credits. And tell me who has the access to the credits? Small Boy or Big Boys?

Remember this is the Corporate World where WINNERS take ALL. SO that explains why 30 Dow Jones components and 30 KLCI stock components are doing greater than before BUT NOT THE SMALL BOYS.

I like F&N is the shareholder.

Buyback is shortCut solution. But where is his reputation going to be if he did that?

my Dear, the purpose of Icap listing is for General Public to participate in its funds growth and Long term return. If the response is not good, MR TTB should examine its funds operation first and understand the market perception first.

if Not, lets see if there is any company will outperform Icap in the next 10 years. By the way, I an thankful for the above recommendation.

well, i am happy to look at company with 10 year track record 2003-2013 which is better than icap.

Not interested as well in Bonus Issue/Share Split/Right Issue/Share Consolidation/Capital Repayment/Special Dividend as well.

No speculation On Reverse TakeOver/Management Buyout/Privatisation/revised of Investment Value/revised of NTA/Entry of White Knight/Even Merging and Acquisition.

After this round of market differentiating exercise of Weeding out those Artificial and Unrealistic High Growth Company, those company with Deep value will Stand Proud and Tall.

KC, market is exercising its amazing power again to WEED OUT those unrealistic high growth company. Nonetheless, your portfolio will be doing well again and again and outperforming the market. That is my TRUST. Keep UP the Good Work ya.

I wait for your BMW selling me at Rm300k.

You claim to be independent funds manager and applying patented ELECTRIC investment strategy until you get ELECTRIC SHOCKED yourself ya? But what you do is listen and apply all the Macro News of Boom and BUst, Dont you trust your company can survive all the Boom and Bust? How much can we lost in Bust you tell me? We accept 20% loss in a year. Is it Not normal? Those who cannot stand a 20% loss should not even be in a market LIKE YOU.

please recommend some company that falls into above category.

MR Tan, during your funds first inception we have high expectation and expect our funds to be fully invested as we believe your funds will outperform the market at all times. We even give you 20% premium until 2008 as after the crisis you have been sleeping and Not awaking yet. Why good times 30% cash? And Now 50% cash? I am OUT of your funds forever as this is an opportunity cost for me to invest in other good company. I Only regret that I did not do it sooner.