Posted by calvintaneng > 2013-12-14 11:24 | Report Abuse

Yes. In Early Days I diversified in to 130 Counters. Hard to managed them; much less monitoring their prices. Too much diversification can lead to "diworsification".

Warren Buffet invested in SEE'S CANDY. SEE'S CANDY GAVE HIM OVER 20% Dividend yearly. He used the dividends as investment for other companies. A Chocolate Business Is Cash Generating, High In Profit Margin & Is Addictive.
Warren went on to buy Hershey, then Cadbury and finally Van Houten.

In Malaysia there is a little known chocolate company called NETWORK FOODS owned by PM Corp.

Having Sold Off All 130 Companies I am putting all my money into PM Corp & also MUI Berhad which own 70% of PM Corp.

Posted by kcchongnz > 2013-12-14 11:42 | Report Abuse

If anybody ask me if he should put all his money in Mui and Pm Corp, I will say "are you nuts"?

Posted by calvintaneng > 2013-12-14 11:47 | Report Abuse

Yes. Kcchongnz, it is better not to follow me in putting all "eggs in 2 baskets". I also have houses/ "commercial lands" and some gold.

Posted by calvintaneng > 2013-12-14 11:51 | Report Abuse

I am looking into some counters which you have commented positively: KESM (I once owned it.) And "Grow Mutual" whose bosses are attending Talks by OSK Analyst.

Anyway, keep up your good work. I agree with you. It would be "nuts" to only put all monies in PM Corp & MUI Berhad shares only.

Posted by tsurukame > 2013-12-14 14:13 | Report Abuse

Calvin,
Both PMC and MUIIND had gone through all time lows and is now hovering above its Lows. DOWNSIDE risk is limited but UPSIDE GAIN may be fantastic or just so so. It depends on whether there will be Financial Restructurings in MUIIND & PMC or not.

TO DELIVER OPERATIONAL PROFITS AND GIVE DIVIDENDS IN FUTURE, BOTH MUST BE FINANCIALLY RESTRUCTURED TO WIPE OUT LOSSES & DRIVE TOP & BOTTOM LINE GROWTH. The question is WHEN IS THIS GOING TO BE ACTIONED OR NEVER. There are lots of distrust towards Tan Sri KKP from potential and existing shareholders for understandable reasons.

Unless you know Tan Sri KKP extremely well and is privy to info that is highly beneficial to both companies which other do have access to then by all means focus and concentrate.

IF NOT BETTER DIVERSIFY TO MINIMIZE YOUR RISK

Posted by calvintaneng > 2013-12-14 20:29 | Report Abuse

Tsurukame,

If YOU KNOW There Is Really Nothing To Fear. See My Latest Visit To Jurong Point NTUC EXTRA HYPERMARKET In Singapore at PM Corp Forum.

TUDOR GOLD CHOCOLATES HAVE BEATEN ALL OTHER INTERNATIONAL BRANDS WORLD WIDE HANDS DOWN. TUDOR GOLD IS THE UNDISPUTED CHAMPION HERE.

There is ZERO RISK Unless 3rd World War Starts or a Comet hit Planet Earth.

Posted by tsurukame > 2013-12-14 20:37 | Report Abuse

Calvin,
So you know and r U ONLY Investing in PMC + MUIIND.Is that so?
I thought you r looking at kcchongnz Graham net net stocks to diversify your stock investment after getting money from your property sales.

Posted by 1Superman > 2013-12-14 20:40 | Report Abuse

Calvin, take hat off to u if u really put all eggs in 2 basket..suppose one basket because of al belong to kkp

Posted by calvintaneng > 2013-12-14 20:49 | Report Abuse

Tsurukame,
I am looking for 10 Baggers Type. Example if I buy RM1.00, I hope price will go up ten times to RM10.00 someday. So far I couldn't find any yet.

Warren Buffet said if he is out looking for a seven footer guy, anyone with a height of only 5 feet five inches won't do.

For me I am looking for a man over eight feet tall. So there aren't many in this world today. So I have to keep looking and looking all the time.

Posted by tsurukame > 2013-12-14 21:04 | Report Abuse

Calvin,
KLSE had gone up significantly. Maybe 10 baggers is easy to find in 2009 but in 2013 , it will be tough as prices generally had moved UP.
The only possible LAGGARDS r PMC and MUIIND.

Posted by calvintaneng > 2013-12-14 21:06 | Report Abuse

Tsurukame,

Thank you. You have stated exactly what I felt.