whether i read your article, you like to give a sense of mythical feeling. You would like to rebut some plain and basic value investing idea like margin of safety. Perhaps, you are thinking with such action, you will gain value investor follower to your termed dynamic investing. Macam Icap Tan. Wrong I Think. You got some acceptable points but lots of parameter which require foreknowledge. Foreknowledge induce further uncertainty and more personal judgement which carry error of judgement. That why cant sink in my mind. I prefer icon article. Rational and reasonable.
His article comprises lot of theories that are Untested in battle field
That is why you feel the "myth"
Just like what Marx did for his Marixsm theory - a lot of theoretical stuffs that sound wonderful but once you put them into real life practice, they just screw up big time
your margin of safety is an illusion. Its now down 64% from the margin of safety.
If this article can discourage people from margin of safety plays, I would be happy and glad already.
Mammy, thats the trick of margin of safety investment....the more the share down from the margin of safety....the better the value and more attractive the investment loh!!
that is only deceiving yourself.....you lost money already. ------------------ Mammy, thats the trick of margin of safety investment....the more the share down from the margin of safety....the better the value and more attractive the investment loh!!
"Buy uptrend stocks" is not a bad idea, but not a pre requisite for success.
I bought Geshen, Johotin, Tguan, etc when they are not on uptrend. But I still made tonnes of money from them within a period of 12 months (not 3 or 10 years !!!). KYY tried to play Uptrend by chasing Johotin and Geshen when they announced good results, and his fingers got burned. Go ask him for details.
So, don't tell me that you must buy Uptrend stocks in order to succeed.
You cautioned against buying stocks selling at low PE. You worried about Value Trap, lack of institutional followings, etc....
Wrong !!!
Your comments are true 10 years ago. Now no more true. Read my article : "How to punt stocks in information age"
In the past, valuation is determined by Institutional Investors, so small cap stocks traded at depressed valuation. However, as I argued in my article, with the advent of information age, retailers are now in charge.
Nowadays no matter big cap small cap, as long as you can generate profit, retailers will re-rate the stocks. Who cares about institutional investors ?
For example : Geshen had market cap of RM50 mil when I bought it, it was subsequently re-rated from 56 sen to closed to RM3.00
Another example : Chee Wah has RM50 mil market cap and was re-rated to RM100 mil within few weeks.
Wake up Desa !!! Stop fantasising about Rose Chan !!! That was a bygone era !!!
In my opinion, which stock and the timing to buy may not be applicable or easy as say and done. In Malaysia, the big fishes (especially insiders) already know whether which stocks to push or "play" it up before they start asking the stupid Research analysts to publish and recommend to all other retailers to buy. So when all the retailers start to buy these big fishes will sell. Sometimes, you may wonder why there are sellers when the news of the company is so promising; don't tell me the sellers are stupid when the news is so convincing that the stock is going to be moving up???
in a perfect market, highly efficient market, there is no more gems to be uncovered on low PE stocks, that all low PE stocks are a reflection of their declining prospects. Stock picking is on the premise of an imperfect market. The trick is the effective use of business sense to uncover low PE stocks that has better prospects.
those who buy and sleep sure donate to KYY because everyday he and his gang been manipulating his stocks.if anyone buy his stocks they will dump for u all and push other stocks. after u all sell it back to them only they will push it up
If we want to be early, there are 2 conditions to be met. Firstly, the sector prospect must be bright. Secondly, the recent profit jump can be sustained in the next few quarters. These are the tricks. However, don't try to be early in Matrix, Hohup, Trop and the likes or you will be trapped there for donkey years
You have rightfully pointed out that the IT thing has made information easily available and investing landscape has been considerably changed as a result. Things have evolved. It is so good to see old Icon8888 is still able to keep abreast with trend.
Posted by Icon8888 > Dec 17, 2016 10:15 AM | Report Abuse mistake Number 1 :-
"Buy uptrend stocks" is not a bad idea, but not a pre requisite for success.
I bought Geshen, Johotin, Tguan, etc when they are not on uptrend. But I still made tonnes of money from them within a period of 12 months (not 3 or 10 years !!!). KYY tried to play Uptrend by chasing Johotin and Geshen when they announced good results, and his fingers got burned. Go ask him for details.
So, don't tell me that you must buy Uptrend stocks in order to succeed
did one say try not to be early in Matrix, Hohup, Trop? Sounds like you are stepping into the realm of market timing, good luck. If a sector prospect is bright, how can one possibly be considered early? Did you go into steel counter before their results improve? That means you would have likely been trapped as per your comment. Or did you went in after the results? Means you are not early. No fence for you to sit on.
I should write to the CEO of Matrix, Hohup and Trop, and ask if they feel trapped by their share price. Probably doesn't stop them from become filthy rich anyway. If I can have a 95% confidence that I can make 100% profit on an investment within the next 5 years, which imply a 20% CAGR, do I care if I'm trapped for 3 months, 6 months, a year, 2 years?
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Posted by cheoky > 2016-12-16 16:21 | Report Abuse
whether i read your article, you like to give a sense of mythical feeling. You would like to rebut some plain and basic value investing idea like margin of safety. Perhaps, you are thinking with such action, you will gain value investor follower to your termed dynamic investing. Macam Icap Tan. Wrong I Think. You got some acceptable points but lots of parameter which require foreknowledge. Foreknowledge induce further uncertainty and more personal judgement which carry error of judgement. That why cant sink in my mind. I prefer icon article. Rational and reasonable.