Posted by calvintaneng > 2016-09-14 21:21 | Report Abuse

3. Every stock has an intrinsic value

4. Only buy with a margin of safety


I like no. 3 & no. 4 the most.

Always Buy BELOW INTRINSIC VALUE!

So if Price Crash Lower & Lower If INTRINSIC VALUE IS ASSURED & CERTAIN WITHOUT ANY TRACE OF DOUBT.

During Great Market Crashes Just Grin The Teeth & run away?

No! Not run away. Just go and buy more!

Posted by Hiu Chee Keong > 2016-09-14 21:52 | Report Abuse

Hiu Chee Keong Maybe johnnys really bad luck, like one of my colleague, everyone invest in mutual fund made 10-30% in a yearor two, but she merely break even after a few years. Whatever she invest, she lost money, gold also lost, foreign curency also lost, share also lost.
I invested in Hong Leong mutual fund, when i sold all to pay up my home loan, the bank agent said wow. My mutual fund and my own investment also make money, though not much, but still much better than EFP and ASB.

Posted by Ezra_Investor > 2016-09-14 22:04 | Report Abuse

KC, rather than self investing vs public mutual, I'm more interested in knowing the comparison of property investment vs stock investment.
I believe not many has written a comparison of them before.
Will you write about it one day? Thank you.

Posted by resilient911 > 2016-09-14 22:14 | Report Abuse

i think both property and stock cannot compare as property is a big lump sum investment and it is hard to liquidate…

some more interest charge as compounding affect the final value after sales while stock is almost hard to valuate by various type of investors…

Posted by wkitwing > 2016-09-14 22:40 | Report Abuse

hello,kc......how do you view about those china companies in bursa?i see most of them are conmen companies.those like xinquan,csl,hbglobal,maxwell and etc.so even if we want to invest on our own with all the knowledge of FA and TA,can we even avoid those conmen companies?

then again can those fund managers know which ones is conmen companies?if they know,would it safer to leave our fund to them to handle?

Posted by wkitwing > 2016-09-14 23:22 | Report Abuse

what i meant is can we as retail investor avoid those conmen hiding behind a good company or those so called "lemon" even if those "lemon" have a decent valuation metric at the moment but MIGHT BE getting worse in the future?like i said,those investing knowledge is like is a rear window view,only can see past data but cannot know about the future.

Posted by tony89 > 2016-09-15 01:06 | Report Abuse

the key word here is- sure win counter

imagine if u bought parkson- keep averaging down-

Posted by wkitwing > 2016-09-15 01:16 | Report Abuse

yeah the main point is even if we have FA and TA knowledge,we need to know how to avoid these value trap counters since there are numbers of them in bursa.

Posted by Ricky Yeo > 2016-09-15 07:30 | Report Abuse

Ks55, you're quite confident APM will bounce in 52 weeks

Posted by casperl > 2016-09-15 07:54 | Report Abuse

ks55. Could you reduce the period of gain fr 52 weeks to 0.52 week? If yes, then I will follow your call.

Posted by kcchongnz > 2016-09-15 08:27 | Report Abuse

Posted by wkitwing > Sep 14, 2016 10:40 PM | Report Abuse
hello,kc......how do you view about those china companies in bursa?i see most of them are conmen companies.those like xinquan,csl,hbglobal,maxwell and etc.so even if we want to invest on our own with all the knowledge of FA and TA,can we even avoid those conmen companies?
then again can those fund managers know which ones is conmen companies?if they know,would it safer to leave our fund to them to handle?


Yes, you can avoid those conman companies using FA, by tying up the three financial statements together, and studying the management words and actions in annual report, AGM.

By the way, one golden rule in investing is you just ignore Chinese companies listed in Bursa, all of them without exception. You will be another stupid fool if you don't.

Posted by bkt2008 > 2016-09-15 10:19 | Report Abuse

Ks55 what does 10% meant - don't undetstand

Posted by ckkhen > 2016-09-15 10:27 | Report Abuse

One sure way for old and new investors to make money is to buy and keep regular,boring good dividend paying counters, with Dividend Yield @4.00-5.00+ e.g. Apollo, Perstim, HAIO, Padini,PIE, Amway, HEIM, Carlsbg, Magni, Cscenic, Kmloong, Aji, Dlady, Panamy, F&N, Bstead, BPlant, to name a few examples and you won't go wrong. I am speaking from 30 year experience. Forget about so-called asset rich, growth and speculative counters. You are the best fund manager, not any unit trust fund manager, friends or family members.

Last but not least, learn from kcchong. I did and still do.

Posted by kcchongnz > 2016-09-15 11:24 | Report Abuse

Posted by ks55 > Sep 15, 2016 12:46 AM | Report Abuse
Is it that difficult to make money from share market?
Just give you a sure win counter with buying strategy.
If you lose money on my recommendation, I will disappear from i3 indefinitely.
1. Buy APM at 3.40 - 10%
2. Next buy at 3.10 - 10%
3. Next buy at 2.80 - 10%
4. Next buy at 2.50 - 10%
5. Next buy at 2.30 - 10%
6. Next buy at 2.10 - 10%
7. Next buy at 1.90 - 10%
8. Next buy at 1.70 - 10%
9. Next buy at 1.50 - 10%
10.Next buy at 1.30 - 10%

ks55, since you know APM share price will drop to RM1.30, why not only buy at a lump sum when it drops to RM1.30, instead of averaging down which will increase our unit price?

Posted by PlsGiveBonus > 2016-09-15 11:27 | Report Abuse

Stock used to be so cheap before
It only keep going up
I still remember the last time I first enter the market
Dow Jone is traded at 1000 only

Posted by PlsGiveBonus > 2016-09-15 11:32 | Report Abuse

It was 1988 Dow Jone traded at 1500
After 25 years today it is traded at 18000
Amazing

Posted by PlsGiveBonus > 2016-09-15 11:36 | Report Abuse

Within 10 years Dow Jone doubled from 7000 to 14,000
then from 2008 to 2016 7,000 to 18,000
Next 10 years 2016 to 2026 from 18,000 to 36,000
:)

Posted by PlsGiveBonus > 2016-09-15 11:39 | Report Abuse

The best is 2,000 to 8,000 from 1988 to 1998

Posted by smalltimer > 2016-09-15 11:45 | Report Abuse

one should be buying up and sell for profit instead of buying downwards and to cold storage till next sun rise....

Posted by casperl > 2016-09-15 13:16 | Report Abuse

ks55. what is the reason you need to bet us sure gain since you are so confident. No need bet, all of us can join your party to invest. Low may go lower as your said, are you sure RM1.30 is lowest? Could it be 10 cents same as xinquan if based APM chart bet on rebound? Anyone could recommend 52 weeks gain money if invest with LOW PE (FA) as per KYY. What is the basic of TA you recommend APM?

Posted by resilient911 > 2016-09-15 13:20 | Report Abuse

i think casperl just want to learn TA, ks55 can write on APM in a new blog to recommend.

Posted by kcchongnz > 2016-09-15 13:24 | Report Abuse

Posted by Ezra_Investor > Sep 14, 2016 10:04 PM | Report Abuse
KC, rather than self investing vs public mutual, I'm more interested in knowing the comparison of property investment vs stock investment.
I believe not many has written a comparison of them before.
Will you write about it one day? Thank you.


This is a tough one. To do some good analysis and write a credible report, one must do a lot of research, and to be in the industry preferably, especially for the property market which locations is a main consideration.

I can do that but I doubt I have the time. Better leave it to someone else who is in a better position to do it.

Posted by kcchongnz > 2016-09-15 14:07 | Report Abuse

Posted by ckkhen > Sep 15, 2016 10:27 AM | Report Abuse
One sure way for old and new investors to make money is to buy and keep regular,boring good dividend paying counters, with Dividend Yield @4.00-5.00+ e.g. Apollo, Perstim, HAIO, Padini,PIE, Amway, HEIM, Carlsbg, Magni, Cscenic, Kmloong, Aji, Dlady, Panamy, F&N, Bstead, BPlant, to name a few examples and you won't go wrong. I am speaking from 30 year experience. Forget about so-called asset rich, growth and speculative counters. You are the best fund manager, not any unit trust fund manager, friends or family members.
Last but not least, learn from kcchong. I did and still do.


Thanks for your compliment in the last sentence. You are a class above yourself in investing looking at what you own.

Posted by casperl > 2016-09-15 15:36 | Report Abuse

haha… agree with you learn TA and pay fee. cpteh not consistent… sometimes he post TA, sometimes he post youtube video, dont know want to learn post video or TA analysis. If I got small savings, i still prefer KC and not go for TA as fundamental analysis is important same as build a high rise building must not missed the piling, settlement which will be foundation of whole building. Even index drop so much, many fundamental good company like kesm tguan chinwell penta padini nestle comcorp oka not affected but just minor retracement…

Posted by kcchongnz > 2016-09-15 20:15 | Report Abuse

Posted by casperl > Sep 15, 2016 03:36 PM | Report Abuse
If I got small savings, i still prefer KC and not go for TA as fundamental analysis is important same as build a high rise building must not missed the piling, settlement which will be foundation of whole building. Even index drop so much, many fundamental good company like kesm tguan chinwell penta padini nestle comcorp oka not affected but just minor retracement…


Words of wisdom

Posted by wkitwing > 2016-09-16 07:25 | Report Abuse

then aside from stock market,i am thinking to diversify my investment.any idea on other type of investment?

Posted by Ezra_Investor > 2016-09-16 19:07 | Report Abuse

If Fed don't raise interest rate soon, the bubble will become even bigger when it explodes.