Posted by stockmanmy > Apr 23, 2017 04:13 PM | Report Abuse KC cannot tolerate it when I state what is obvious ........... Moral of the story. You really need to be an outsider, with the right character, attributes to be extraordinarily successful in this business. No CFA, no accountant, has risen so far, so high. KC wants to make a living telling people about accounting stuffs....not knowing I am a qualified accountant myself....wants to call me fake accountant.
What you wrote certainly have given me doubts about whether you are really a qualified accountant. You don't even know what is enterprise value, what is ROIC and many other simple accounting terms.
I believe, not only me, most people here also doubtful about your credibility as an accountant. You demonstrated that.
Posted by stockmanmy > Apr 23, 2017 04:50 PM | Report Abuse If KC gets squeezed out....that is because he is not good enough, nothing to do with me. KYY just told me KC/OTB would not buy Jaks/ Sendai because they reported losses but that is so short sighted.
Ok, ok, ok, we know you fantastic relationship with kyy. We know how kyy treasure your "expertise". Congrats. But do I care? anyone here cares or envies about you?
This you are correct. Yes, I won't buy Jaks nor Sendai. I know OTB won't too. I mean at these prices.
Short sighted?
I really don't know what outcomes will be for Jaks and Sendai. But I had given someone a free service less than 3 years ago regarding quite a similar situation, yes, on Mudajaya when it was selling at about RM2.70 a piece. So, you are damn sure that I won't simply buy construction companies stocks, especially when they have not demonstrated their ability to make money. You know a famous investor also said many times how difficult is it for construction companies to make money.
By the way, do you know how many construction companies who ventured overseas had made a lot of money, or any money at all?
I know some of my friends had made money buying Jaks from RM1.00 when knowing kyy started to buy Jaks, and many others too if they sell the shares now. They are very clever to use behavioral finance, a new branch of behavioral finance, i.e. capitalizing the ego of someone. Some PHD students should look into this as a doctorate thesis.
But has kyy made money already pushing up their prices up these levels? Can he make money now to start selling down his holdings on Jaks and Sendai? What would be the effect on the share prices when he starts to sell down?
Stockmanmy has a potential to be opposition politician, he can twist and turn and twist again and again without arrival at conclusion! He is perfect companion to senior Lim!
as for Sendai, now that KYY has revealed his hand, don't condemn it just yet.
It is Malaysia's very own MNC operating in 15 countries , 15,000 staff.
Not smart to condemn a maverick investor who invests in a turnaround situation. KYY is not a maverick for nothing.
KYY shares his investments, online, in real time....unlike that KC who out of the blue and all of a sudden says JHM is his biggest investment after JHM up 1000%......hahahaha.
so rich, why so angry with me for breaking your rice bowl?
Posted by stockmanmy > Apr 23, 2017 11:50 PM | Report Abuse as for Sendai, now that KYY has revealed his hand, don't condemn it just yet.
ME: WHO CONDEMNS IT. YOU SAID KYY TOLD YOU I WON'T BUY AND I AGREED.
It is Malaysia's very own MNC operating in 15 countries , 15,000 staff.
ME: WHO CARES HOW MANY COUNTRIES IT IS IN AND HOW MANY STAFF IT HAS. BUT DID IT MAKE MONEY IN THOSE COUNTRIES? OR RATHER HOW MUCH IT LOST?
Not smart to condemn a maverick investor who invests in a turnaround situation. KYY is not a maverick for nothing.
ME: MAVERICK? WHO CONDEMNED HIM? I HAVE NEVER. I RESPECT THE ELDER, BUT IT JUST THAT I DON'T PLP LIKE YOU.
KYY shares his investments, online, in real time....unlike that KC who out of the blue and all of a sudden says JHM is his biggest investment after JHM up 1000%......hahahaha.
ME: WHERE DID I SAY IT IS MY BIGGEST INVESTMENT? PLEASE SHOW. HERE IS THE LINK.
Posted by Fortune Bull > Apr 23, 2017 10:48 PM | Report Abuse Stockmanmy has a potential to be opposition politician, he can twist and turn and twist again and again without arrival at conclusion! He is perfect companion to senior Lim!
Posted by Sslee > Apr 8, 2017 04:36 PM | Report Abuse Dear all, I am glad to read the above articles by Mr. Koon and happy to know that he had stopped buying JAKS as his last purchase is on 31th March 2017. For many days I am actually worrying and concerned why Mr. Koon keep buying JAKS and selling his other holding? Mr. Koon already give his reasons and true to himself also give a very harsh/provocative/offensive rebuttal to all his critics which in returned draw in even more response from his critics. I would like to quote,” Criticism is dangerous, because it wounds a person’s precious pride, hurt his sense of dignity and worst arouse resentment and make him strive to justify himself and take his revenge at whatever price.” Any fool can criticize, condemn and complain – and most fools do. But it takes character and self –control to be understanding and forgiving. It is my hope that everyone will think before criticize.
My advice to stockmanny, “Everyone should be respected as an individual, but no one idolized. – Albert Einstein
Yes Mr. Koon deserve respect for many good things he had done for the nation and society and if you respect Mr. Koon then please stop all your silly comments in condemning Mr. Koon critics which is actually a disservices to Mr. Koon.
But I guess it is hard for you to heed the above advice, as you keep on idolizing and following a not-so-good example of using "very harsh/provocative/offensive rebuttal to all his critics".
It was back in 1993 I receive research reports from Value Partners.
I am 61 now, don't forget. 23/04/2017 19:17 .......................
Me: Wow, u are 61 yrs old now but still don't hv the humility all these years. I thought you were a young chap. kikikikikiki a wording from Ayam Not Tua
stockmanmy, your age is in the same category as Jibkor. Interesting. In this bolehland everythings are very interesting. kikikiki according to Ayam not tua
>>>>KYY biggest mistake is to advocate use of OPM. He is abetting ignorant punters to commit suicide like so-and-so.
If someone commit suicide because can't bear loses due to margin finance, and he try to get rich fast following KYY's preaching, do you think KYY has to be held responsible in someway ???????????<<<, The stock market over the short term is very volatile. It can goes up 50% and drop its equivalent one-third. Should you use margin in your trading? For the majority, the answer should be NO.
Even Warren Buffett advised against using borrowed money to buy Berkshire Hathaway shares.
Quoting Buffett: "Another warning: Berkshire shares should not be purchased with borrowed money. There have been three times since 1965 when our stock has fallen about 50% from its high point. Someday, something close to this kind of drop will happen again, and no one knows when. Berkshire will almost certainly be a satisfactory holding for investors. But it could well be a disastrous choice for speculators employing leverage." Ref: http://www.berkshirehathaway.com/letters/2014ltr.pdf
who teach you that you need to be an accountant to be successful in investing?
ME: SPINNER AND TWISTER, SHOW ME WHEN AND WHERE DID I SAY "you need to be an accountant to be successful in investing?"
about your holdings in JHM....so where is your previous post?
ME: DID I SAY ANYWHERE IN MY POST THAT "THERE WAS A PREVIOUS POST" ON JHM?
the post that says, until recently, your largest holding is in JHM..........so rich, why you still need tuition fees?
ME: DID YOU READ MY "PREVIOUS POST"? WHEN, WHERE? ANYONE ELSE "HAS READ" IT BESIDES YOU?
WHEN AND WHERE DID YOU READ THAT I CLAIMED I AM "SO RICH"? WHAT IS WRONG TO CHARGE A FEE FOR PROVIDING A SERVICE? DO I STEAL? DO I ROB? HAVE I PUMPED AND DUMPED ANY STOCK HERE BY WRITING STORIES TO MAKE MONEY FROM ANYONE HERE?
DO I PLP AND AND GET SOME TIPS AND SCORN EVERYONE ELSE HERE TO EARN A LIVING?
3iii, Warren buffet's teaching should not be treated as religion
It should be treated as guidance, or ideas for us to ponder about
Always think independently
Buffett's teachings most of the time make sense, but when applied to Bursa, does it necessarily work ?
For example : buffet likes moat, but as a developing country, are Malaysia companies in a position to develop moat (my study shows that very few have moat, unlike US and Europe)
If you insist on eating seafood in a desert, you are going to starve
In a desert, better look for cactus , lizard or grubs instead
Posted by stockmanmy > Apr 24, 2017 02:26 PM | Report Abuse kc you don't want to admit it....I too lazy to dig it up. "about your holdings in JHM....so where is your previous post? the post that says, until recently, your largest holding is in JHM...".......
After so long still can't dig it up? So, is there one, or you are a big liar.
Well, in order to clear your name as a big liar, besides a big PLP, you better dig it out, by hook or by crook.
Manmy, with such intellectual is good to tap on an elite teen group. .. Plus your experience should bring values. .. this way you probably won't hv much time in i3 but spend times on guide your teenage team to smell for the future .. Of course must align with result as well to earn a living enough.
"Told the story of him selling BYD to Warren Buffet at its peak....suggesting to audience he is better than Warren Buffet." ------- Hello!! you should listen properly what people said, before jump in and make ur idiot conclusion.. In fact, i only roughly heard he said selling at the bottom instead of peak.
Dear Investors, I would like to get more respondents for my survey study that related to Stock. Appreciate you could spend few minutes to answer my questionnaire via the following link: http://survey.sogosurvey.com/survey.aspx?k=TsXQTPXsVsQPsPsP&lang=0&data= Thanks you very much for your time.
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Posted by CharlesT > 2017-04-23 22:17 | Report Abuse
Infact its plp....