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.
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.
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.
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.
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.
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.
You should check in on some of those fields below.
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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.