Posted by bgoon99 > 2015-09-08 16:08 | Report Abuse

hmm.. let me guess, second M is margin of safety?

Posted by limko1 > 2015-09-08 16:23 | Report Abuse

In front of the YST, men can't think any more with their big head!

Posted by kcchongnz > 2015-09-08 19:58 | Report Abuse

Posted by bgoon99 > Sep 8, 2015 04:08 PM | Report Abuse

hmm.. let me guess, second M is margin of safety?


From what you guesses, you sound like a close follower of my articles in i3investor, or probably a course participant of my online course.

Posted by bgoon99 > 2015-09-08 20:36 | Report Abuse

nope. i am a practitioner of value investing for the past 18 years...

Posted by kcchongnz > 2015-09-08 20:45 | Report Abuse

You are my leader then. You practice much longer than me in value investing. 18 years ago, I practiced rumours, hypes and hopes investing. Thanks for your comments.

Posted by jetta > 2015-09-09 00:07 | Report Abuse

all i can say is those who bought from the table 1 shares and kept from 2014 till now are not study the quarter results . If those who use margin to trade shares and don't even go to read the quarter report . he is deserved to bankrupt.

Posted by choop818 > 2015-09-09 00:44 | Report Abuse

KCCHONGNZ, thanks for the timely reminder. For those who cannot handle margin financing, you are `easy meat to the sharks out there'.

Posted by khookleong54 > 2015-09-09 10:16 | Report Abuse

During 1993 my remisier advised me to sign up margin financing at Taiping Security(Now Affin Hwang) .I still remembered my sell order of 12 Shangila hotel at 1.91.despite d stock closing higher han 1.91 i managed to sell onl2 lots.On further enqury n with d help of d remisier the stocker had borrowed my stocks to cover their short fall.I stopped my margin financing there n then n since then invest without borrowing as u always encourage.

Posted by Tan KW > 2015-09-09 11:24 | Report Abuse

kc, what is yst?

Posted by Tan KW > 2015-09-09 11:47 | Report Abuse

走过97风暴（上）：一天大跌数百点　股灾歷练女强人

基于亏损严重，因此他亦难于砍仓，但每天看著股价暴跌也非常心疼，寢食难安，这是他人生最大的寒冬。

「当时很多同行都几乎接近倾家荡產，有些朋友是以玩对敲（Contra）方式购买股票，在股价下挫后因无法拿票，被逼让证券行以『烂价』拋售，再寻找现钱来填补差额，很多人当时都被烧到体无完肤並申报破產，在经济周转不灵下，一些企业也纷纷倒闭。」

萧庆璋指出，当时他基于是以现钱购股，因此都是纸面上严重亏损，但后来在趋势稳定，他再趁低吸纳优质股，並在股价升高后卖出，拉长补短，才不至于严重受伤。

http://klse.i3investor.com/blogs/kianweiaritcles/82736.jsp

Posted by chonghai > 2015-09-09 14:00 | Report Abuse

kcchongnz,
The shares in your table 1 are not so good companies.
1). Daya. Despite all the hype, Daya is always trading at a high PE.
2). FGVB. I doubt the competency of the management.
3). Parkson. They are unlucky to be facing onslaught of online purchase but their self denial also cost them precious time.
4). Skpetro. Again, trading at a high PE.
The only company that I agreed is good is Coastal.

Posted by kcchongnz > 2015-09-09 16:16 | Report Abuse

Chonghai,

Beauty is in the eye of the beholder.

Actually this is what I said about those stocks as extracted from the article.

"Note most of these weren’t and aren’t bad stocks. Some of them were even touted as “the most undervalued stock I have even known” type."

What you mentioned has certain truth in it as otherwise their share prices wouldn't have dropped so badly.

Posted by murali > 2015-09-09 16:29 | Report Abuse

Note most of these weren’t and aren’t bad stocks. Some of them were even touted as “the most undervalued stock I have even known” type."

Hmm....

Posted by kcchongnz > 2015-09-09 17:10 | Report Abuse

Posted by Tan KW > Sep 9, 2015 11:24 AM | Report Abuse

kc, what is yst?

Young Sweet Thing.

Posted by limko1 > Sep 8, 2015 04:23 PM | Report Abuse

In front of the YST, men can't think any more with their big head!