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19 comment(s). Last comment by kcchongnz 2013-10-06 18:25

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 14:58 | Report Abuse

If Warren Buffet invest in bursa, he will look for counters with rm10 margin! But impossible! That's why he's not here!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 15:13 | Report Abuse

Do you really know anything about Warren Buffet, anything at all? Like what are his tenets in investing? How does he invest? His philosophies in investing? what does he look for when deciding whether to invest in a company or not? Does he pay any attention to murder holes like those SPACs etc?

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 15:14 | Report Abuse

Ha! KCChongnz! Don't be angry at yourself!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 15:30 | Report Abuse

I angry with myself? Why?

I was just trying to be helpful to entice you to learn everything about Warren Buffet if you want to dabble in the stock market. Shouldn't you be thankful to me?

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 15:42 | Report Abuse

Kcchongnz! Terima kasih! Happy now! Warren buffet mentored by ben graham! Fundamentalanaylist use by all universities! Warren bff with bill gates but he never buy microsoft! Or apple! Or tesla! Or hibiscus!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 15:48 | Report Abuse

Fortunebull, if ever you want to thank, thank yourself for learning from one of the greatest investors of all time, Warren Buffet.

But, but, seriously, I doubt you have learned anything from Warren Buffet yet. Be serious, take the trouble to learn from him. Believe me for once, it will be good for you in your investing experience.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 15:49 | Report Abuse

Do you know why these risk taking microsoft, apple, tesla, hibiscus never pass warren buffet analylisis! Fortunebull also want to know!

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 16:03 | Report Abuse

Who ever thought typewriter become obsolete thanks to bill gates! Or holding A4 size tab to surf internet! Or listening to thousands of music with no tapes! Or launch rocket by one fool like Ellon Musk who at same time launch electric car and solar business! All these idiots! They should have seek advise from warren buffett! Oh! And latest idiot looking for oil and spending 100 million drilling stupid dry well in Oman!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 16:04 | Report Abuse

Fortune, that is why I said you haven't learned anything from Buffet yet despite you talking about Buffet. Absolutely nothing.

Seriously, go learn something bout Buffet. First start with his "Letters to shareholders" of Berkshire Hathaway.

Believe in my good intention.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 16:11 | Report Abuse

How you know i dont know anything about warren buffett! Have you meet him before! Or mentored personally by warreen! Ok! Fortunebull very idiot standard to KCChongnz!

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 16:14 | Report Abuse

Fortunebull buy prolexus, favco, alam, brahims, mahsing, hibiscus! Tell me KCChongnz, all my shares lousy!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 16:17 | Report Abuse

Okokok, sorry to make you angry. It was not my intention. My intention as explained is very clear.

I won't say anything any more.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 16:21 | Report Abuse

Ha! Fortunebull now angry but hungry! Later go out buy Tudor Gold chocolate!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 17:20 | Report Abuse

Sorry, can't resist not to say anything since you asked.

Posted by Fortunebull > Oct 6, 2013 04:14 PM | Report Abuse
Fortunebull buy prolexus, favco, alam, brahims, mahsing, hibiscus! Tell me KCChongnz, all my shares lousy!

Yeah prolexus, favco, alam, mahsing (not in term of cash flow) good companies. I have all commented before in i3.

Brahim? so so lah at this price of 1.40. Expected ROE and ROIC at 9% and 7% respectively. Not really great. Assets are mainly made up in Goodwill, some kind of overpayment of certain acquisition? Yeah I forgot, good catering prospect because of Ahmad Badawi factor? Or hope so? But at 1.40, PE not cheap. Enterprise about 10 times ebit, not cheap at all.

Hibiscus? Why are you so bullish about it? Rumours of striking oil? Insiders goreng for your benefit? I see it as a murder hole. Every year burning cash, losses and losses.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 17:40 | Report Abuse

Plenty of murder holes! Sersol! Tms! Eastland! Ya! KCchongnz very conservative! Cashflow, pe, roe! Hibiscus! Ha! I already made money! Can sell and take profit! Dont be sour KCChongnz! Remember risk takers made this world! Dr Kenneth Pereira with 30 years oil and gas must be idiot to throw himself into Hibiscus! Tell Tony Fenandes dont be stupid idiot to start own airline! Charge cheap airfares! How to have cash flow! Create murder hole for himself!

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 17:47 | Report Abuse

Ha! Fortunebull still remember taking flights oversea and airfare cheaper than bus fare! Ha! Fortunebull thought Airasia go bust very soon!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 18:02 | Report Abuse

Yeah lah, I am so sour about you making money in Hibiscus and I am not. So now you know why I said you know nothing about Buffet. You really know nothing about Buffet.

Dr Kenneth apa ini? 30 years experience in O&G and sure make money for you? What makes you think he can find one good O&G acquisition. Why would other sell a good company to him at good price? Why not sell to a highest bidder, or just go public himself?

Of course Dr Kenneth is not stupid. He is making and going to make a lot of money from Hibiscus, whether he makes money for Hibiscus or not.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-06 18:10 | Report Abuse

Ha! You are right! Just like Tony go and buy Airasia! He should have gone public by using TonyAir!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-10-06 18:25 | Report Abuse

Oh I see. You are betting on this apa ini Dr Kenneth going to buy a stake of an ailing O&G company somewhere for Hibiscus and turns in into an AirAsia equivalent and then benefits all Hibiscus shareholders.

Great investment strategy! Buy, buy , buy! No wonder you are going to make tons of money from Hibiscus. Well done!

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