i cant say for others but compared to u, i m 100% certain that i m much smarter than u.
reason is very simple.
i know what to important things to look for, think and analyze in a situation. while u on the other hand, only know how to read the headlines without thinking or analyzing any matters.
best example, u giving me reports without thinking of the unverifiable facts and numbers, yet claiming it supports ur logic.
so where is the logic in saying montana grows soybean when there is no planted area, harvested bushels etc, where is the logic of saying iskandar is booming when mah sing dont even provides sale numbers????
so tell me, is it smart and logical of u to say iskandar is booming becos mah sing said so??? or montana is growing soybean becos a farmer said that he is going to do some soybean planting without giving any numbers???
Calvin is right on the berjaya group business...but who want to invest in a company if a share price does not move. Everyone already know...V Tan control the price n it can not up even in a bull hot market. Totally can not compare to Brk.b share share...after split from usd 68 went up to usd 172 now just in few year...i better invest in other rather waiting everyday when v.tan will goreng the price...
just by looking at the assets, @calvintaneng maybe rite, but he conveniently missed out on mentioning bjc's high leverage of 3 and roa of sub 1%. i m not sure abt u, but i feel uncomfortable with these 2 ratios.
so from a fundamental pov, it is very hard to move.
but as u said, vt controls the price. so unless u willing to play with him, it will be a patient game for sure. but fruitful or not in the end, i dont know.
but if bjc is cheap enough @ 20sen and below, one has around spare cash of rm10k and dont mind risking a few yrs for a 10-20% chance of doubling/tripling/quad of the money or losing more, then it maybe worth a punt.
Joe, it will b nice if u can write your analysis of every stock call Of Calvin n post in i3 here. Then readers will have a better understanding of the pros n cons of the stock recommended. To many here, it looks like u r stalking Calvin. No offence, Joe. I missed drb, Pos n dutaland recommended by Calvin. Made from Bonia, Mui n pmcorp. I give Bjcorp a pass.
i dont think i m that good to write a critique on stocks, calling for a buy or sell as calvin assumed himself to be.
what i m competent at is asking pointed questions and pointing out inconsistencies in a stock if any, whether the pov is for or against.
to me, it is a good way to evaluate whether a stock is a good buy or sell, what r the ups/downs and what r the risks by asking,listening and analyzing.
using bjc as an example, when i asked calvin whether the high financial leverage and low roa will impact negatively on bjc, he is unable to answer me such a basic question. so thats when i know bjc is not a buy at this level.
but calvin, being calvin, cannot take any tough questionings. thats why he broke down and diverted from promoting bjc.
i believe many do find it informative when someone ask tough questions and form their own povs on a stock.
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