One of the main reason why most furniture companies will do well because the strength of US dollar is strong at the moment..... so my question is how long this scenario is going to be,,, is it the whole of 2015 or only temporary only?????????
If this scenario is going to be the whole of 2015 then export related companies selling their products in US dollar will surely perform better in their earnings...tq
I bought Homeriz as recommended by KC Chong. But i was totally dissapointed to see it stagnant while other furniture stocks not favored by him gone up doubling in value. I will never again believe him
ravichung. KC's approach is long term investment. The stock value will be reflected in stock price eventually because the strong survive and the weak falls. However, the weak might outperform the strong in short term because it has higher velocity(more traders). Looking at the volatility of current market, I m not looking forward for too long term. Therefore, I don't follow KC's approach, but I m not saying I don't believe him. Believe or disbelieve and to act accordingly or not to act accordingly are your own choices. It's all depends on our objectives.
It's unfair to just mention those underperformed counters. How about those outperformed counters? Investment is no rocket science but a probability game. As long as winning > losing that's ok.
Posted by ravichung > Dec 21, 2014 03:10 PM | Report Abuse
I bought Homeriz as recommended by KC Chong. But i was totally dissapointed to see it stagnant while other furniture stocks not favored by him gone up doubling in value. I will never again believe him
Posted by ravichung > Dec 21, 2014 03:49 PM | Report Abuse
His other recommedations like KFima, Padini and Cenbond have stagnant as well. I advise others to ignore his calls.
Posted by ravichung > Dec 21, 2014 04:43 PM | Report Abuse
To the sceptics, please open your eyes. When KC does the recommendations, he always backs them with facts and figures. He always encourages readers to be critical of his works. Funny you never care to dispute his calculations, you only care to vent out your frustrations when the price did not move the way you wanted. Stay long lah. Why pass judgements only months you bought into the shares you mentioned?
why do ppl always expect to get rich investing in stock market. kc is not a speculator, the counters he recommends are backed up by solid fundamentals of the company.
he is not trying to predict market movements of share prices. if u wanna get rich quick, go invest in goreng counters.
Posted by ravichung > Dec 21, 2014 03:10 PM | Report Abuse I bought Homeriz as recommended by KC Chong. But i was totally dissapointed to see it stagnant while other furniture stocks not favored by him gone up doubling in value. I will never again believe him
Hi Ravi, or Chung? Which is which? Long time no see your posting already.
So you bought Homeritz a year ago when I wrote about it and made >40% while the market dropped 5%, and you are disappointed?
Can you elaborate more about your "disappointment"? I guess few here can understand what your "disappointment" is. Investing is so mystifying.
Posted by ravichung > Dec 21, 2014 03:49 PM | Report Abuse His other recommedations like KFima, Padini and Cenbond have stagnant as well. I advise others to ignore his calls.
Stagnant? What do you mean by "Stagnant"? Business goes no where? I guess you must be talking about their share prices? You won't understand business. I doubt so. You 100% must be belonging to the following group of people.
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” - Philip Fisher
Because in all my posting (for fun), I only talk about business, seldom on share prices. I only talk about share price in relation to the intrinsic value of the business, and the margin of safety to buy the share. Like to discuss with me about this stuff, instead of share price? You know, I can't predict future share price, unlike you.
So I don't make "recommendations" or "calls", but share my view on the business. But frankly take a look at Kfima, and maybe Padini too. They are great business, and best of all, selling at cheap price, if you consider the earnings of the whole firm, and the enterprise value of the business.
Guess you won't know what enterprise value or all those stuff are. They are good knowledge. I do agree that knowing those stuff may not make you rich but they are useful and interesting stuff. May be you can join my online course. I can teach you all these stuff.
Hi truthseeker1, what a coincidence you made a comment shortly after that apaini ravi fellow in this thread despite that both of you seldom made any comments in i3. Have you found your divine truth; the truth nothing but the truth?
Actually regarding your comment on Maybank call warrant, you had made in some time ago and I had responded to you. Just that after that you disappeared. Well here it is:
Posted by kcchongnz > Oct 19, 2014 04:39 AM | Report Abuse X
Posted by truthseeker1 > Oct 18, 2014 08:53 PM | Report Abuse Maybank C6. Recommendation time 10.5sen. Now 4.5sen Loss 6sen. If follow KCChong advise to invest 960,000shares at 10.5sen, Maybank C6 value will drop to RM43,200 a loss of RM57,600 in less than 2 months. Stock market is not a place for fun(last paragraph), genting casino or gambling is. KC why so quiet on this blog?
Truthseeker? Another new name? I think Troll suits you the most as mentioned by someone before. Take this identity.
How to seek truth when you have been lying and throwing wild accusations instead of contributing something useful in i3investor?
How to seek truth when you have anger and hatred in your head?
How to seek truth when you can't even understand simple English as written in the post?
How to seek truth when you can't grasp the right message in the article which anybody who reads English would be able to? Although of course I don't expect you to understand what a derivative is, and how it works.
How to seek truth when you can't differentiate "Recommendation" and "Discussion of issues"?
How to seek truth when you can't differentiate "Recommendations" and sharing and discussions?
By the way where did you find the word "Recommendation" to buy that call warrant?
Where did you find the phrase "KCChong advise to invest 960,000shares at 10.5sen"?
Finally you did cite something from my article as below:
"Stock market is not a place for fun(last paragraph), genting casino or gambling is"
But why didn't you cite the complete paragraph of mine as below?
"Punters are reminded that this is not an even playground for most people, including you and me. However there may be some fun here as long as you take the financial risk management approach as described above."
What are the true messages behind the complete paragraph? Punters, "not an even playground", "fun". "risk management approach".
Why you so stupid, couldn't understand a thing what i wrote and "invest 960,000shares at 10.5sen on Maybank C6" and lost RM43200, and rant here for some stupid actions of yourself?
Hey, is that the best you can do to try to put me down again? I have written 77 posts in i3investor and posted 4030 comments. Still can't find something, instead of showing your stupidity here?
homeriz is a untung counter la.. i bot at 53 sen sold 75 sen still untung.. that is growth lor .. slow and steady ma.. else shoot up so fast speculate lor.. drop also fast.. sumatec
It is important to do your own analysis and have the conviction when making your stock picks. Write down the reasons you bought a stock and write down your exit plan. You can only do this by understanding the business and proper valuation techniques... If you simply bought following others, you will not go far...
Posted by truthseeker1 > Dec 21, 2014 05:21 PM | Report Abuse Got few of KC Chong recommendations now 40% capital loss. What I know is Prk Corp, BIMB-W, MRCB-W, what else.
Yeah, those stocks above are in my latest portfolio of 14 stocks posted in i3investor. Yeah Perak Corp lost close to 40%, the other two about 35%. Not good. But the portfolio of the stocks has an average loss of 4.3%. However it is better than the broad market of a loss of -5.9% now. See the summary below.
So the portfolio is better than the broad market. Not good but not so bad lah. How I hope my portfolio always make huge amount of gain like my last two. But things cannot be always rosy one.
Yeah what else ah?
By the way how much have you made in your portfolio? Can show lah, before and after?
Posted by ccs999 > Dec 21, 2014 06:39 PM | Report Abuse pintaras, scientex, MFCB, if you follow those, is win stock
ccs999, thank you very much for counting those stocks. I hope you have bought them the first time i wrote about them, not as recommendations or "calls" to buy, but for learning and information purpose. Can I also remind you of the following stocks in my first two portfolios which are published in i3 since two years ago? I give to you anyway.
Actually no meaning just name those top performers. Just to summarize here. 1st portfolio average up 75% compared to KLSE 11.5% less than 2 years. Second portfolio average up 48% in less than 1 and a half year compared to KLSE of +2.1% as now, real time.
I had followed KC for sometime this year.I think KC gave good and honest analysis of sector/company mentioned FOC.Thx and keep it up.Truthseeker , Ravi or Chung ..... U have a choice whether to accept or ignore KC .Whether U made a gain or suffered a loss , U can blame KC.
Posted by ks55 > Dec 21, 2014 08:25 PM | Report Abuse kcchongnz gave a good, simple and precise FA. When to buy will depend on you acute TA.
Posted by ks55 > Dec 21, 2014 07:42 PM | Report Abuse Shortlist counters use FA, buying use TA. This is the basic rule. Most important thing is when you want to buy, you must have money...money.....money... and be ready to buy more if price still going south. Have money to buy more... more..... and more...........
This ks55 is really a "Lau jiow" or well experienced investor/trader. Look at his second comment here. Good to follow him seriously. Same principle as me, invest must have money money money.
錢 錢 錢 No money no talk, no money no talk. Got money when down buy more, and more and more!
Actually for me to pick winners is not an easy task. I could very well be lucky when my portfolios did so well. I have to acknowledge that.
But one thing I am very sure of is how to pick losers. >90% cf the time correct. If anyone cares to follow me and avoid losers, he will be doing very well in Bursa.
Below are the return of losers in the link above, on real time basis. 95% spot on. The portfolio of losers made a negative median return of 50% while KLSE made 3.3% during the same period.
It will be very good if those do not know anything about investing learn this thingy from me. Yes, like OTB said, I teach and collect a fee. As a matter of fact, i love to teach. The true reward is most (>90%?) appreciates. What more can earn something for the 10-12 hours time I spend a day on it.
This ks55 is really a "Lau jiow" or well experienced investor/trader. Look at his second comment here. Good to follow him seriously. Same principle as me, invest must have money money money.
錢 錢 錢 No money no talk, no money no talk. Got money when down buy more, and more and more!
Em...... Sir, I thought our objective is share investment lead to retirement. The above statement sounds like share investment is only for the rich. Besides, if the above is true, then you should tell ppl something about fund allocation, but not 100% invested. In fact I used my OD to average down in the 2nd wave correction. If 3rd wave does come I'll have to bear high interest, not knowing for how long.
I never strayed from my principle that saving and investing is for retirement and other long term objectives. That is why I agreed with ks55 that
1) "Most important thing is when you want to buy, you must have money...money.....money...
2) and be ready to buy more if price still going south. Have money to buy more... more..... and more........... "
For (1), it doesn't mean investing is for the rich, but for people who has money to invest, and not borrow to invest. One can invest very small with his regular savings. This is my very first principle of investing. Take for example Mr Lee here:
He definitely experienced the numerous margin calls and many of his shares would have been sold at heavy losses during the steep correction recently. The market has recovered substantially since then. but he doesn't enjoy the recovery because of the margin calls. This is a real case.
Number (2) is also the essence of value investing. If you buy something it is because you thought it was cheap. If it goes down a lot, it must be extremely cheap then and why wouldn't you buy more? But this of course you must know what you are doing.
"then you should tell ppl something about fund allocation, but not 100% invested."
Well this topic like many things on investing, is subjective. I know a lot about asset allocation or fund allocation, but this is just a concept, a theoretical concept. You can have that, but you won't learn from me, simply because to me it is more of a marketing tool by financial advisers, not much use in real life, at least for me.
F22Raptor: tin kosong,for your type better go buy a few acres of farmland and rear some chickens la,dun play stock mkt,it is not for your type..panlai tok kok saja. 22/12/2014 19:12
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Posted by soojinhou > 2014-12-21 11:02 | Report Abuse
Good update.