In fact no need catalyst now mah kc Chong. Only need gang up to goreng shares and can brag 100% return. 300% return mah! When questioned just answered I buy low sell high mah novice! I sell quick quick Liao. No chance losing one! 300% return won, better than buffett return loh, in all his career life! Who is buffett? Stay aside loh.
Mr Chong, do you mind to share here what is the stocks that you mentioned here? Thank you.
"There are still some stocks (not many) still waiting and waiting for the prices to appreciate. But it is just two years and I still can afford to wait for a few more years as their fundamentals haven’t changed, and they are still cheap."
Icon, please make sensible comments! You so easy to lose your mind. I am really worried abt you. Such attitudes very hard to make correct decision in any MKT.
Are you saying that fixed income funds con job? Then you actually referring to biggest funds such as black rock, black stones and also pimco all doing con jobs?
And also, all insurance companies in the world, AIA, AIG, axa, allianz etc all stupid idiots management not to spot that con jobs as u mentioned? Maybe true, they all stupid! Buying fixed income funds instead of equity, and you smarter than all these ppl maybe, I assume! 300% WOR, who in the hack can figth?
Not all stock can hold long term like your story KC. There is always a cycle for most stocks......up to a peak then will drop back. Those long term stocks like Coca cola, Wells Fargo and etc which Warren buffet own rarely can be duplicated nowadays......What stocks in Bursa Malaysia u think can hold for more than 20 years? Very few i think except Nestle, GAB, Carsberg and etc. I dont think KC can follow his teacher, hold same stock for 10 years, 20 years or more.
By the way, warren buffett company Berkshire Hathaway also buy fixed income funds. Yeah, buffett maybe also stupid to you not noticing such conman Jobs. Yeah, he oldman mah, only know play fixed deposit mah as you said.
Posted by donfollowblindly > Jul 22, 2015 10:16 PM | Report Abuse Why always mention old stocks? Why no new stocks? I also bought Tenaga before at below RM6.
1) I only talked about stocks which were posted in the blog, what price they were at all have records to see and not just hearsay. 2) When did you buy Tenaga at RM6.00? Where have you posted your record? 3) You just can't comprehend anything I wrote about. Many people don't realize the stocks they have had may be the best stocks they have. 4) I don't owe you any stock picks, do I?
" The problem is that sitting and waiting is torture today. There has to be action. There has to be improved profit in the next quarter or two. There has to be fast moves up and if something doesn’t play out within a few days or a few months, it’s a dud and not worth keeping any longer. “Next!”
“Investors today lack assiduity”. That’s Charlie Munger’s technical term for sitting on your ass and doing nothing."
Not all stock can hold long term like your story KC. There is always a cycle for most stocks......up to a peak then will drop back. Those long term stocks like Coca cola, Wells Fargo and etc which Warren buffet own rarely can be duplicated nowadays......What stocks in Bursa Malaysia u think can hold for more than 20 years? Very few i think except Nestle, GAB, Carsberg and etc. I dont think KC can follow his teacher, hold same stock for 10 years, 20 years or more.
Did I say you must wait for 10m years or twenty years for any stock?
Yeah, all fixed income mostly issued by those lsited companies in Malaysia. If fixed income con job, all listed company you buying also con job... See good examples Sendai. Don't u think you are self contradicting?
Use a bit sense, basic knowledge mah. If a company go into bankruptcy, fixed income holders get paid first, equity holders? Maybe never get any thing back, left with toilet papers!
Warren Buffet’s value investing principle cannot apply in Malaysia because we do not have well established companies like Coco Cola, McDonalds or Gillette Razor which have the competitive market advantage. As a result, they can produce consistently more profit and give out increasingly more dividend to the shareholders.
I am making sensible comments, with facts.it is those like tkp1, icon8888 and kopipeng keep using vulgar languages. So who shld bebanned now?? Please think!
It only show how low their level can be when they keep attacking me with baseless vulgar languages. They failed to answer risk concerns I have raised. So they turn to accuse me don't know stock, me novice, me only good at fixed income which is now phrased as conman job by icon8888..so?
Icon, please answer if fixed income a con man job? U confirm? I may sent your comments to all fixed income fund management houses now, specially you mentioned Malaysia fixed income con man job. If you have guts post your real name, nric, contact here. They will be very happy to share views with you and maybe issuing you some lawyer letter very soon for making such comments openly in an investment forum so famous in MAlaysia. Your misleading and senseless comments is totally unacceptable!
No catalyst is OK. But buy the stock with sufficient margin of safety. If my target return is 20% p.a and my margin of safety is 100%, I can wait 4-5 years for the value to surface. But if Margin of safety is only 30%, I can at most wait 1-2 years whereby beyond that time frame my annualized returns starts eroding... so in this scenario, catalyst may matter.... or I can only hope that I had been too conservative in my valuation...
Everytime I saw ks55, I know he is an experienced investor. What he talks will make "no sense" to newbie investor, but in fact, it's what the matters the most in investing.
Investing is not about stock picking only. It's about portfolio management.
*pardon me for repeating all the shitty PM again. ahhahaha
Agree! Wc and perwaja boss equally shityy. Maybe icon8888 interested. Someday I bet he sure come up with some articles relating parkson, perwaja saying turn around. Just watch
Portfolio management woh. Icon8888 know meh? Don't act like expert, don't know say dunno loh. TWRR also don't know how to calculate said know portfolio management?
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3245 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
soojinhou
869 posts
Posted by soojinhou > 2015-07-22 21:53 | Report Abuse
Isn't there a saying, time is the best friend of an investor? :-)