Ur article is good and raider very agree loh....!!
But to highlight KYY as a HERO of stockmarket....raider totally against loh.....!!
KYY is a bad example of stockmarket loh....!! He is a swindler & have no balls, when people brave to take him on and accept his challenge, he is stunt & runaway loh..!! KYY is just talk big, no guts bully mah...!! Why people should study him ?, maybe study the negative side...on what not to do base on KYY loh...!!
KYY even lose monies in 2016 competition but talk so big like he make billions in the stockmarket.
KYY xinguan is a laughing stock and a classic MBA case study..."how not to lose monies when investing in stock loh"...!!
Please...please do not hero worldship this conman loh....!!
Aiyah...what so special of KYY investment on CSC leh ?
Raider bet KYY is stucked heavy with CSC....waiting for a big volume to unload his high cost holding mah...!! Raider cost on CSC is only Rm 0.90....but if KYY play up....raider also happy loh....!!
The truth is KYY is just a conman...thats why he keep promoting CSC..to unload for the potential unsuspecting buyer mah...!!
When come to business or entreprenuership, he is super good. His level is University professor, I am kindergarten. I don't think I can ever understand him or achieve his level.
But when come to stock market, I can more or less size him up already. I roughly know what he can achieve, what he cannot. I roughly know what is his strength, what is his weakness (biggest weakness is inability to do proper analysis of financial statements so as to work out potential EPS in next few quarters).
When come to stock market, I will say I am secondary school, he is primary school.
that is why I say....rudimentary knowledge in FA and TA is enough to enjoy success in stock market...provided other things like blessings , experience, intuitions, and business sense is good.
He screwed up on Jayatiasa, Johotin (he bought at peak last year at RM2.50+, I bought at RM1.40+), Geshen, Focus Lumber, Mudajaya, Xinquan, Rimbunan Sawit, Naim (he called for buy at more than RM4, if I remember correctly).
This is not a track record of a successful stock picker.
Like I said, I know what he can achieve, what he cannot. Stock market is like a operating theatre. You need skills and precision. Temperament, gut feeling, instinct, etc not sufficient.
It is similar to a surgeon. No amount of temperament, gut instinct, etc can replace the skill, technical knowledge and experience required to operate on a patient's heart or brain
get the EPS right or you are screwed.
But KYY cannot get the EPS right.
No matter what you said, I am not convinced
Posted by stockmanmy > Jan 6, 2017 10:03 AM | Report Abuse
icon
that is why I say....rudimentary knowledge in FA and TA is enough to enjoy success in stock market...provided other things like blessings , experience, intuitions, and business sense is good.
posted by stockmanmy > Jan 6, 2017 10:30 AM | Report Abuse
charles
Its never how low one buys or how high one sells that makes the difference.
Its the quantity and the percentage of wealth at play.
RAIDER COMMENT; IF THE ABOVE CRITICAL COMMENT IS CORRECT, THEN INVESTOR SHOULD TAKE MARGIN, MORTGAGE HOUSE....TO MAXIMISE THE $$$$$$$ AVAILABLE LOH..!!
BUT WRONGLOH....THE CORRECT THING....IS THE EFFICIENCY IN THE USE OF MONIES 1ST LOH....!! MAXIMISE THE RETURN OF MONIES U CAN SET ASIDE FOR STOCKMARKET INVESTMENT 1ST MAH...!!
too bad KYY is too old at 83 years old. If he is 20 years younger, I will have knocked on his door already. There is big things analytical nerds like me can do together with enterprising tycoon like him. The nerds can provide the analysis, KYY will open door to get insider info from PLCs. The two works well if put together. It is a 1+1=3 combination
Posted by Icon8888 > Jan 6, 2017 10:42 AM | Report Abuse
too bad KYY is too old at 83 years old. If he is 20 years younger, I will have knocked on his door already. There is big things analytical nerds like me can do together with enterprising tycoon like him. The nerds can provide the analysis, KYY will open door to get insider info from PLCs. The two works well if put together. It is a 1+1=3 combination
THATS WHAT KC BEEN DOING EARLER....!! THE END IS HISTORY LOH....!! KYY IS A GUY U CANNOT TRUST...HE IS LIKE A PRETTY LADY WITH AIDS MAH...!! LOOK PRETTY WITH HIS WEALTH BUT NO USE FOR U LOH...!!
1ST RULE OF BUFFET IS NOT TO LOSE MONIES...!! 2ND RULE....IS TO REMEMBER THE 1ST RULE MAH...!
Other rules applicable in Malaysia. 1. No GLCs [remember FGV] 2. No companies with connections to corrupt politicians. 3. No PRCs [Xinquan] 4. No companies controlled by a certain clan of ethnic Chinese dominant in Sarawak [trust me on this. Even KYY got burnt by them] 5. No companies controlled by certain crooks with misai. 6. no companies with ESOS regularly.
Posted by stockmanmy > Jan 6, 2017 10:44 AM | Report Abuse
My main weakness is I sell too early and I don't buy enough In other words, I don't believe myself enough
In all my writings here, this is the weakness I am still trying to overcome.
SELL TOO EARLY IS NOT WEAKNESSES IT JUST A TRADE OFF MAH...!! IF U HOLD LONGER U MAY MAKE MORE...BUT U R EXPOSE MORE MAH...!! INVESTOR...NEED FIND A BALANCE BETWEEN RETURN V RISK AND IT IS ALSO DEPENDANT ON INDIVIDUAL RISK TOLERANCE LOH...!!
Posted by stockmanmy > Jan 6, 2017 10:44 AM | Report Abuse
My main weakness is I sell too early and I don't buy enough In other words, I don't believe myself enough
In all my writings here, this is the weakness I am still trying to overcome.
tkp2 in 2015, i read the below tips from one of the article, i find it very suitable for me as i am a risk taker, i have been using the below strategy to earn at least 200% per year. But this is not suitable for everyone lah. (dont try this at home)
they are not meant to be together. It is natural that they parted way
they don't have the chemistry
OTB has. He has what the Old Man wants
Posted by stockraider > Jan 6, 2017 10:46 AM | Report Abuse
Posted by Icon8888 > Jan 6, 2017 10:42 AM | Report Abuse
too bad KYY is too old at 83 years old. If he is 20 years younger, I will have knocked on his door already. There is big things analytical nerds like me can do together with enterprising tycoon like him. The nerds can provide the analysis, KYY will open door to get insider info from PLCs. The two works well if put together. It is a 1+1=3 combination
THATS WHAT KC BEEN DOING EARLER....!! THE END IS HISTORY LOH....!! KYY IS A GUY U CANNOT TRUST...HE IS LIKE A PRETTY LADY WITH AIDS MAH...!! LOOK PRETTY WITH HIS WEALTH BUT NO USE FOR U LOH...!!
Other rules applicable in Malaysia. 1. No GLCs [remember FGV]...RAIDER MAKE BUT CAUTION LOH 2. No companies with connections to corrupt politicians.ELECTION PLAY..MAYBE JUST A MYTH ? 3. No PRCs [Xinquan]..CORRECT TOTALLY AVOID 4. No companies controlled by a certain clan of ethnic Chinese dominant in Sarawak [trust me on this. Even KYY got burnt by them].NOT REALLY TRUE LOH...JUST THAT PEOPLE OVER PAY LOH...!! 5. No companies controlled by certain crooks with misai. YES VINCENT..HE IS BECOMING A NICE GUY...CURRENT PRICE BJCORP IS NEAR 10 YEARS LOW...VERY INTERESTING TO CONSIDER LOH...!! 6. no companies with ESOS regularly.PEOPLE LIKE GAMUDA...THOSE INVESTORS LOOKS HAPPY MAH...NOT COMPLETELY TRUE LOH..!1
THE ARE SOME EXCEPTION TO THE RULE...!! THE KEY IS VALUATION AND RISK MANAGEMENT MAH...!!
stockman, raider, CharlesT, I am happy that we get together to share our view on investing. We have many insights, experience, etc that can share amongst us
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....
Apollo Ang
3,181 posts
Posted by Apollo Ang > 2016-12-17 21:57 | Report Abuse
mutual funds is good is msia? earn a few percent mean good? wait till a crisis come your money u lost more than 30%