Better don't be greedy at this moment of 3 crisis:
1) Imdb still unresolved and foreign funds fleeing. 2) China in devaluation. Hidden problem emanating from China. 7% growth is fake according to Dr Marc Faber. Probable growth is only zero to 2% at best. 3) Uncertainty of US interest rate direct this September.
As there is no clarity in these stormy times best stand aside and do some study. Go read The Intelligent Investor by Ben Graham and visit www.chick.com
as can be seen from the data, Gadang is obviously very much undervalue as compare with mitrjaya. the market value is just about 3 times its earning, most important, it is net cash with good cash flow, improving earning from year to year and better dividend yield. the BOD had openly expressed their expectation of better performance for the next financial year ending 2016 due to following factors the strong earnings stream from the on-going construction projects; and the continuous sales activities generated by the flagship projects of the property division such as The Vyne residential project in Salak South, joint development with Cyberview Sdn Bhd in Cyberjaya and joint venture development with Capital City Sdn Bhd for an integrated development in Tampoi, Johor Bahru. my TP is 3.00 by year end provided 1Q2016 is within the BOD expectation
@apini - Gadang is one of the counters that's in my shortlist. Now that you've mentioned it here and provided some figures and comparison, I'm upgrading it further. It was previously on an uptrend that was backed by its strong results, with a strong possibility of this continuing into the near future. However, it too could not escape the selling fever.
Looks like a good opportunity to buy. But I'm going to be cautious - will use only one-third of the intended capital for Gadang, in case it gets cheaper in the coming days.
What a perverse old man. If he really wants to do good, he should stop speculating in the stock market and do real charity that everyone can hear, feel and touch. And do it while he's still alive instead of his smoke and mirrors game that sounds so much like a master con job. Just put RM 30 million in a charitable foundation that is open and transparent about what it does and where records are scrupulously kept. Don't shout about partial (one year?) funding for 300 students who have to borrow most of the funds to finish their education anyway. That is no scholarship. How much is that per student? You already used them repeatedly for publicity and got more than your money's worth.
remember how strong the storm, all the "houses/stock price" will wipe out...but there is always one thing cannot wipe our by the storm...is "land/value of the company"...the land can rebuild a house...so...do u still have the stock with "land"...if yes...wait for it...time will rebuild it...
Old mann, I recommend you FBBMKLCI-HM,HK,HG and HL. I know you got a lot of cash. You put in 1 million in all those now and you will make 1 million in 2 weeks. Mark my words. Old man dont be delusional and keep averaging down Malaysian equities. Dont deny that it will plunge to 1400 in September. Useless country deserves a nice correction..you yourself so anti this country..why supporting the stocks still. Man up and staart shorting la pui
murali. This is a promotion activities ma. The intention is to keep furniture stocks alive and make it a current investment/punt topic. He won't stop one until has disposed it off.
Wah..looks like many people in I3 know how Koon Koon cari makan here..not so easy now for him to dispose his shares which are currently under margin facility.....especially under current market condition
What's wrong with these haters? A man cannot even ask for stock suggestions without being hammered! There is no need to get personal and resort to name calling and the like. Why sink so low? Has Koon caused you harm or distress that you attack with such venom or are you just joining the mindless chorus to see who can outdo the other! Everyone gives advice for their personal reasons. An intelligent person decides for himself if its good or bad for him or her. Nobody forced it down your throats.
Market sentiment is very poor and can get worse. All shares, good or bad, have been bashed down in this selloff. No one knows when the bloodbath will stop. Malaysia has too many issues to resolve. Only a super arrogant egotist will still buy heavily on margin during such times. An altruistic investor will take this opportunity to reflect upon his mistakes and apologize profusely to those he misled into using margin financing. Not this old man. He still crows like some young cockerel.
Houdini, i dont know who u are but i found that u seldom post yr comment here. However, all your comments seems to be very supportive of Koon Koon. Could be due to love or whatever reasons...but who cares..
Anyway, my interpretation on this article is just another post for him to promote his VS, Latitude n Liihen, wiht those underlying message.
Just wonder, what's Koon Koon's opinion on the current economy outlook? Is it a good time to buy these counters at recent prices? Or is Koon Koon quietly selling now, while asking people to buy....Just like what he did in Rsawit, Jtiasa. Mudajaya etc....I think the painful memory is still fresh, among those who bought in these counters, under the influence and advice of Koon Koon.
Sincerely, do you want me to dig out his previous records? Hari ini dalam Sejarah? Learnt from the history and dont become another victim...
Murali,you can infer whatever you want. As you say, who cares!
I do remember the episode where Koon was promoting plantation stocks. If you are amongst those who lost money, I can see the reason for your bitterness and for questioning his motives. Koon does not profess to be an economist. He is just telling you his investment methodology. It's entirely up to the reader to accept or reject it.
I believe the conditions for holding plantation stocks changed when palm oil prices started to fall and quarterly profits started falling. It's takes discipline to cut your positions, even at a loss when that happens.
Do learn from history and take away the positives from past mistakes. No one wants to be a victim!
Guess who is Warren Buffett of Malaysia. Cant guess? I give you a clue, he is holding 5 stocks only. Still cant guess? He has promoted them like dozen times. I give you a hint, name start with K
Worth to take a look for the stocks previously recommended by uncle: Jtiasa - 1.12 (dropped from 2.6 ) Rsawit - 0.48 Mudajaya - 0.86 (dropped from 2.4 )
Malaysia cannot produce any Warren Buffett nor any nobel price laureate ,for the simple reason that,there is a visible hand exists , on and off , destroying free market system.
I have read many articles by Mr Koon. They are interesting and can gain some investment knowledges. I see nothing wrong on his articles . He is free to write and it is up to us to decide what to buy. He never force u to buy. Buying share actually is very risky. If we cannot afford to lose ,sharemarket is not for us to invest . I agree what Mr Houdini wrote. No point critic but contribute if u think u are better than Mr Koon.
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....
calvintaneng
56,623 posts
Posted by calvintaneng > 2015-08-16 13:58 | Report Abuse
Better don't be greedy at this moment of 3 crisis:
1) Imdb still unresolved and foreign funds fleeing.
2) China in devaluation. Hidden problem emanating from China. 7% growth is fake according to Dr Marc Faber. Probable growth is only zero to 2% at best.
3) Uncertainty of US interest rate direct this September.
As there is no clarity in these stormy times best stand aside and do some study. Go read The Intelligent Investor by Ben Graham and visit www.chick.com