he made one round in 2015 on furniture stocks, after that lost his pants at geshen, focus lumber, johotin, etc. Not to mention his pre 2015 fiascos involving mudajaya, jayatiasa, xinquan, etc
as I mentioned before, his concept is correct, but the devil is in the details
his inability to predict coming year earning is his biggest weakness, causing him to lose money one case after another after a lucky 2015. This is made worse by the blind belief in the elusive "business sense" that has no scientific basis.
actually by right...people like him are the ones who should have access to high level business information....if he had provided these itself (without himself getting involved-buy/sell the stocks) ...the forumers would have cherished.
After helicopter ride with Antos also still no business sense..
I think FA or whatever A, all can not be applied to the small and medium size companies in Malaysia, the not-so-rich bosses can not be trusted, they tend to drill holes at the drawers.
My long investment target are those big companies owned and managed by the very rich families.
Small fish like me more incline to icon method than gungho stockmanmy. All methods participate in the environment contains element of uncertainty. Even with stockmanmy, win big 1st can also lost big next time. Small fish apply your method jump off the bridge alrdy. No method 100% la.
I met kyy once, a bit bossy but doesn't strike me as arrogant. it is good for him to share his thoughts but his tone is his blog posts certainly is not the nicest. and as many forumers have pointed out, his track record is a bit shady. if he has invested equal amount in all the stocks he promoted, most likely he's still in a net loss position
Follow the smart money/insiders into or out-of leading stocks in the sector. They buy you buy.They sell you sell. Make sure the company have low possibility of PN17ed within 3 years.
Actually i am just here to make money. Watever that works....works. some fa works on some stocks. Other stocks a keen sense of smell is needed to strike big.
There is no right or wrong. Arguing who is better is senseless.....
KYY can only flourish if he can find a good analyst to advise him. His concept is right, but stock market is more than just leadership, vision or guts. It is about numbers. Get the future EPS wrong, you are fxck, irregardless whether you are 80 years old or 18 years old
Anyway, I am just stating it as a matter of fact. I give credit to him when it is due, but slap him when he talks nonsense. He could be ten feet tall in real life, but that has got nothing to do with me. I don't get a single sens from him, why do I need to butter him ?
The question stockraider should ask is "why are others not behaving like Icon ?", "Why do they need to be so deferential to KYY ?". Did they ever get a single sen of benefit from him ?
When you look at things from this point of view, then you realise Icon is the normal, not the freaks
ted by Icon8888 > Dec 3, 2016 06:24 PM | Report Abuse
The question stockraider should ask is "why are others not behaving like Icon ?", "Why do they need to be so deferential to KYY ?". Did they ever get a single sen of benefit from him ?
When you look at things from this point of view, then you realise Icon is the normal, not the freaks
Should you apologise to those who lost money on Tek Seng? Refund to losers? $ 1.20 now, 70 sen looking at bankruptcy? almost 50% lost.
Tek Seng....$90 million stock they cannot push. $ 180 million bank borrowings....they are looking at bankrupcy and you may read about it in coming months.
No, it is not just a bad quarter....Tek Seng is looking at bankrupcy.
Perception of a stock is changing everyday. Even the best sifus kungfu is no guarantee of 100% success. But I learn at least something from all the sifu out there. Tq.
DKS jumps 50% from 23/8/16 to 20/10/16. Smart investors sold out. No need to find out reason or cry over spill milk. I will not blame anybody or sifus.
For the 90% who lost money in stocks over the long term, it is only fair that they stop trading or investing, and spend some time to re-examine whatever philosophy or methods they were using.
for the not gifted ones, should stick to high NTA stocks and value investing and the forgotten stocks with no volume....that way, will not be be killed , will not be eaten by sharks.
Big margin of safety = Big returns. Low risk, high returns strategy of Ben Graham & Buffett. Stockmanmy will benefit by subscribing to KCChong's online course. :-)
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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2016-12-03 16:32 | Report Abuse
for Dynamic Investing, come here
http://klse.i3investor.com/blogs/stockman/110801.jsp