Posted by calvintaneng > 2017-04-11 00:16 | Report Abuse

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What his he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCESS & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.


2) Present Wealth. Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.

Stocks like kimlun at Rm1.28, Masteel at 65 cts, Insas at 65 cts & Prestar at 46 cts or Jaks when it was only 40 cts.

BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old his slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was a fresh graduate once.

In such slow dull stocks people start to lose interest. Stocks like MUI Bhd is sold down all the way from Rm24 a share in its heydays to about 19 cts now. IT WAS PRICED RIDICULOUSLY HIGH AT RM26 WHEN IT WAS IN GROWTH STAGE. AND IT WAS BOMBED OUT AND TOTALLY SOLD DOWN TO ONLY 15.5 CTS WHEN OLD & MATURED WITH DEEP HIDDEN VALUE. THIS IS ACTUALLY THE RIGHT TIME TO BUY. BUYING MUI BHD IS LIKE BUYING INTO PAST WEALTH. STILL ABLE TO BUY GOLD AT ONLY RM35 AN OUNCE?

But this old man stock has past wealth. Mui Bhd has 10 hotels in UK, Laura Ashley (over 400 outlets), 2 hotels & high value lands still at ancient book value.

Last time my parents bought Old gold 99% pure at only Rm35 an ounce!

So much past assets are locked up yet at Old Book Value.




Calvin specializes in buying into DEEP VALUE ASSETS COMPANIES SELLING FOR A SONG

Posted by xcelcap > 2017-04-11 08:53 | Report Abuse

possibility of privatisation?..as KKP has the dough...lol

Posted by smalltimer > 2017-04-11 09:13 | Report Abuse

"1) Divorce settlement will Force Sale of Assets. Either by Tan Sri Dr Khoo himself or by Court Order" tis statement itself means, out of money. Asset sale will not benefit the company or shareholder. Hang on....divorce is personnel. Director cannot use the money to pay for the divorce. What will happen is KKP will sell the share to another related company to s ph n off the money. Like it did in Metrojaya sales, near klcc land sales...

Posted by speakup > 2017-04-11 09:14 | Report Abuse

fong siling buy willow @80sen
another fool buy willow @rm1.38

Posted by calvintaneng > 2017-04-11 12:15 | Report Abuse

smalltimer "1) Divorce settlement will Force Sale of Assets. Either by Tan Sri Dr Khoo himself or by Court Order" tis statement itself means, out of money. Asset sale will not benefit the company or shareholder. Hang on....divorce is personnel. Director cannot use the money to pay for the divorce. What will happen is KKP will sell the share to another related company to s ph n off the money. Like it did in Metrojaya sales, near klcc land sales...
11/04/2017 09:13


Smalltimer? You can be smalltimer but try to have Big Open Mindset

You must remember that Tan Sri Dr KKP was once a Bank Manager. Later became Bank owner. So he practices fair deal.

Last time Mui Bhd CFO told me when Mui Group needed money they proposed Capital Repayment from Pm Corp

Everybody who owned Pm Corp got Rm80 Cash Payout for each 1,000 shares.

See those who followed Calvin buy Pm Corp at 15 cts already got back 8 cts.

So those who bought Pm Corp at 15 cts actually hold it at only 7 cts (after deducting 8 cts Cash payback)

And Mui Bhd & KKP got major portion of Cash Payout as Mui Bhd owns almost 70% of Pm Corp shares.

So rest assured the payment to Pauline will also unlock value for Mui Bhd shareholders

Posted by KingOfLeons > 2017-04-11 17:53 | Report Abuse

I'm just wondering whether Calvin was one of those fools who chased mui chai.
No punt nor offence intended,just a sincere thought.

Posted by ykloh > 2017-04-11 19:03 | Report Abuse

those who rely on technical analysis are likely to practise GFT.

Posted by aikinlai > 2017-04-11 20:22 | Report Abuse

Calvin, the dr.neoh e book not available yet, right?

Posted by calvintaneng > 2017-04-11 21:45 | Report Abuse

KingOfLeons I'm just wondering whether Calvin was one of those fools who chased mui chai.
No punt nor offence intended,just a sincere thought.
11/04/2017 17:53


No. I didn't chase nowadays.

I did that last time when I bought PMI and cut lost. That was more than a decade ago. I had learnt my lesson & also invented a new motto to remind myself

This is Calvin's 3rd Rule

"HE THAT IS LOW NEEDS FEAR NO FALL"

Never chase a stock if it has suddenly gone up a lot. And never to sell a good share if it sudden drops a lot.

Posted by calvintaneng > 2017-04-11 21:46 | Report Abuse

aikinlai Calvin, the dr.neoh e book not available yet, right?
11/04/2017 20:22

I don't know yet.

You may try contacting them by

www.dynaquest.com.my

Posted by Apollo Ang > 2017-04-11 21:58 | Report Abuse

tomoro tan sri khoo gonna sell already make a few hundred mil to cover the divorce cost already.beware

Posted by Lim Yan Kai > 2017-04-11 22:00 | Report Abuse

I know this theory

Posted by 3iii > 2017-04-11 22:17 | Report Abuse

Calvin, can you spin a better story than this? ;-)

Posted by valueguru > 2017-04-11 22:33 | Report Abuse

Calvin, you are giving people the wrong impression that MUI was sold all the way down from RM24 to 19sen. Come on, the shares outstanding is 2.933 BILLION today, not million. Are you trying to tell people that in 1984, the company was worth RM70.39bil. You should know that over the decades, there were more shares issued to raise money and therefore shares dilution. By the way I have always enjoyed reading your articles and I do agree that the company is undervalued. However, my take is that if a person cannot share his wealth with his love ones, I don't think he can be generous with the general public.

Posted by KingOfLeons > 2017-04-12 00:08 | Report Abuse

Calvin, a good lesson well learnt indeed.

Posted by calvintaneng > 2017-04-12 08:25 | Report Abuse

Mystery of MUI Solved!

MUI =

Multiple Streams of Businesses - Hotel, Retail, F&B, Travel & Tours & Stock Brokeriing

Universal expansion - UK Hotels, Europe Luara Ashley, Land Australia, Malaysia & USA, Spore

Infinite deep Value Assets


So MUI is

1) Multi
2) Universal
3) Infinite

Do you get it?

Posted by Jonathan Keung > 2017-04-12 12:17 | Report Abuse

Tan Sri Khoo rather go to jail then give a penny to pauline chai. he will find ways to delay ANd prolong the settlement citing his assets is less than what the British court awarded. Give hi,m 2-3 years. he says bye ' amen " personal and corporate ownership is different.

Posted by KLCI King > 2017-04-12 12:28 | Report Abuse

I wonder why Calvin is so enthusiastic in participating here at i3, though most of time I find myself not agreeable with him.

This is the character that deserve my respect

Posted by shinichi1412 > 2017-04-12 12:58 | Report Abuse

Greater fool by Calvin to sell his stock. Kena Con! Lol

Posted by 914601117 > 2017-04-12 13:17 | Report Abuse

Buying long depressed stocks are just like buying a shoplot and could wait for 5, 10 or even 20 years to appreciate. I would suggest only put 20% of your investable capital in MUI etc.

Posted by calvintaneng > 2017-04-12 13:35 | Report Abuse

Listen here!

This is the way to invest in High Asset Neglected Stocks.

Just follow Walter Schloss' method:

Buy a basket of 30 to 100 stocks which have

1. Low price backed by High Value Assets like

a) Lots of Cash
b) Gold bars.
c) Valuable Lands, factories, warehouses, resorts, houses, islands
d) Goods of value like hard metals, oil palm trees and others.


2. Make sure major shareholders are buying and not disposing. Selling a little for needs ok. Best is Insiders keep up buying.


And hold tight.

One day the tree will bear fruit and you shall reap.

This method is proven by Superinvestor called Walter Schloss for 40 long years.

It never fail.

Hip hip hooray.

Posted by i4investor > 2017-04-12 13:53 | Report Abuse

haha...good

Posted by Junichiro > 2017-04-12 15:27 | Report Abuse

Neoh's book was published before the famous 1993 bull market. All lot of young people then who opted to be a greater fool made tons of $$$$. Subsequently, those older ppl who followed lost their $$$.

Those who followed Dr Neoh's method did not managed to make $$$$ in 1993 bull.

Posted by stockmanmy > 2017-04-12 15:33 | Report Abuse

if that is the case, 2017, 2 chicken almanac later also same.



sted by Junichiro > Apr 12, 2017 03:27 PM | Report Abuse

Those who followed Dr Neoh's method did not managed to make $$$$ in 1993 bull.

Posted by stockmanmy > 2017-04-12 15:35 | Report Abuse

1993 bull not about pass wealth......
its all new wealth and stock brokers

Posted by Junichiro > 2017-04-12 15:43 | Report Abuse

Every new cycle in the stockmart has its new characteristics. Those who made $$$ in the 1993 bull subsequently lost it all when they use the same 1993 cycle method.

The Edge interviewed Dr Neoh after the 1993 bull and commented that he is too conservative.

Posted by calvintaneng > 2017-04-12 16:11 | Report Abuse

Junichiro Every new cycle in the stockmart has its new characteristics. Those who made $ in the 1993 bull subsequently lost it all when they use the same 1993 cycle method.

The Edge interviewed Dr Neoh after the 1993 bull and commented that he is too conservative.
12/04/2017 15:43


Whatever cycles & whatever markets the fundamental law of VALUE will prevail.

Look at gold as a Store of Value. What Gold bought in ancient times still remain true today. Gold has an intrinsic Store of Value that cannot be destroyed by wars, inflation, deflation or good/bad times. Its Value adjusts accordingly just like water also finds its own level. So is gravity.

These are immutable Laws God create to govern the physical world.

And what is true there is also forever true about Investments

They are ALWAYS BASED ON VALUE!

And the Share Price of a Company will ULTIMATELY BE REFLECTED IN ITS TRUE INTRINSIC VALUE!!

Posted by stockmanmy > 2017-04-12 16:14 | Report Abuse

cal

People want to make money and hope to avoid losses when game is over.

People do not want no gain no loss. aka dead stocks.

Posted by Skliew > 2017-04-12 18:25 | Report Abuse

Are you sure those who follow Dr Neoh's method did other make money in he 1993 Super Bull? The index shot up to 1300+ from about 600...

Many of those punters lost what they made from 1993 plus their own money after 1993 subsequently using their "methods".....

It was euphoria then and people just crazy then buying empty company like Berjuntai Tina @RM38....and many many more...which collapsed subsequently.....

Hahaha!

Posted by stockmanmy > 2017-04-12 18:49 | Report Abuse

liew

don't be so scared of uncertainties.

actually it is uncertainties that create higher beta.

you hope to get the good beta and avoid the bad beta.....that is how to get high alpha.

Posted by stockmanmy > 2017-04-12 18:50 | Report Abuse

buy shares with too much certainties also no use one.

Posted by Skliew > 2017-04-12 19:47 | Report Abuse

Stockman, different people different approach.. some like to gamble but some stick to investment into a good business....but by and large, malaysian retailers in the stock market like to gamble...
I have seen so many failed punters....Look at Dr Neoh'S portfolios right now, you can check that he bought and kept those shares for years.... collected dividends and the share prices have multiplied many folds....

It's not easy for us to emulate....most of us prefer quick kills... haha! Either kill or be killed! Haha!

Posted by calvintaneng > 2017-04-12 20:06 |

Post removed.Why?

Posted by MG9231 > 2017-04-12 20:44 | Report Abuse

Calvin - aptly described and hit the nail chun-chu on the head of so called accountant. Laugh die me lah .

Posted by stockmanmy > 2017-04-12 20:47 | Report Abuse

if the stock has all the certainties, where is the risk premium?
why should there be risk premium.?

money is make from the stock market by taking on risk ...and proven right later.

that is the function of the stock market.

Posted by stockmanmy > 2017-04-12 20:49 | Report Abuse

go buy cash companies .la

buy Puncak, miss the whole bull run.


Puncak sure got clear cut intrinsic value.





MG9231 > Apr 12, 2017 08:44 PM | Report Abuse

Calvin - aptly described and hit the nail chun-chu on the head of so called accountant. Laugh die me lah .

Posted by anticonman > 2017-04-12 20:51 | Report Abuse

Privatised? Stop dreaming. Divorce settlement by Pauline will cost him RM 355 million poorer.

Posted by xcelcap > Apr 11, 2017 08:53 AM | Report Abuse
possibility of privatisation?..as KKP has the dough...lol

Posted by anticonman > 2017-04-12 20:52 | Report Abuse

Run asap. Bankrupt likely the outcome.

Posted by stockmanmy > 2017-04-12 21:57 | Report Abuse

ultimate truth about stock market

no risk no reward.

Posted by stockmanmy > 2017-04-12 22:01 | Report Abuse

ultimate truth about stock market

no risk no reward.

risk is uncertainties.

Posted by Apollo Ang > 2017-04-12 22:02 | Report Abuse

how to make 1 mil in bursa? risk also become bangrupt. tracoma bought 1.80 sold at 10cts after 6 years, SAAG bought before rights issue at 5.30 sold at 75cts after 6 years. both PN17 after I cut loss.parkson bought at 5.20 before last election now 63cts. talking about risk?

Posted by stockmanmy > 2017-04-12 22:05 | Report Abuse

yes, talking about risk.

no risk no reward.

Posted by anticonman > 2017-04-12 22:09 | Report Abuse

Pls paste advertisement MUI put up assets for sale and buyer interested. Divorce settlement by Pauline(64 million pound) is confirmed news.

Posted by calvintaneng > 2017-04-12 22:38 | Report Abuse

High guys,

All must go read up THE INTELLIGENT INVESTOR By Ben Graham

Especially the very last chapter on THE SUPERINVESTORS OF DODDSVILLE & GRAHAMSVILLE by Great Sifu Warren Buffet himself

The proper way to Successful Investment is found in this investment Bible.

The way to avoid pitfalls.

Study it carefully. read the Book twice every year until its precepts & purpose sink into your heart.

If you still fail then just put your monies in Bank FD & forget about investment, ok?

Posted by John Lu > 2017-04-12 22:40 | Report Abuse

After read and like you rank 214 stock pick, how?? Haha haha

Posted by calvintaneng > 2017-04-12 22:44 | Report Abuse

Haha! Rank how much is determined on 31st December 2017 (more than 8 months away!) So wait till then

And from you own mouth this is what you say

See

Posted by John Lu > Mar 14, 2017 10:18 PM | Report Abuse

LOL...bro Calvin...this competition is 12 months la

Posted by stockmanmy > 2017-04-12 22:58 | Report Abuse

its inadvertent because that is who calvin is.



John Lu > Apr 12, 2017 10:40 PM | Report Abuse

After read and like you rank 214 stock pick, how?? Haha haha

Posted by stockmanmy > 2017-04-12 22:59 | Report Abuse

year in year out
calvin will rank right at the bottom.

Posted by Seek > 2017-04-12 23:13 | Report Abuse

This Mui itself is 6cts up since Calvin wrote about d sleeping giant!
19cts to 25cts today. It's ok to b last when u can make such a call within 3days.

Posted by calvintaneng > 2017-04-12 23:21 | Report Abuse

Haha Seek,

You are correct!

No use if busy here busy there posting and arguing if pockets full of holes.

We concentrate on making monies and our pockets full of Cash. Hahaha!