Posted by Flintstones > 2017-12-29 18:52 | Report Abuse

Hi, interested to learn more how to value financial institution. May i know where can i read more? Especially the part of 1x book value given to financial institution with roa 1%

Posted by cheoky > 2017-12-29 18:55 | Report Abuse

Give a like

Posted by Jon Choivo > 2017-12-29 19:50 | Report Abuse

Just google how Warren Buffet values financial institution.

Main rule of thumb for me is, ROA of 1%, While Leveraged 10X, Fair value is 1X P/B. I may write a post describing it.

Flintstones Hi, interested to learn more how to value financial institution. May i know where can i read more? Especially the part of 1x book value given to financial institution with roa 1%

Posted by Flintstones > 2017-12-29 20:05 | Report Abuse

Please do. Nobody in i3 has done that yet. Look forward.

Posted by shareinvestor88 > 2017-12-29 20:37 | Report Abuse

pls write more

Posted by CharlesT > 2017-12-29 20:51 | Report Abuse

Good review

Posted by Fabien Extraordinaire > 2017-12-29 22:02 | Report Abuse

Implied or Target P / BV = ( ROE – g ) / ( CoE – g )
P = Share Price
BV = Book Value per Share
ROE = Return on Equity
CoE = Cost of (Equity) Capital
g = Long Term Growth Rate

Posted by godhand > 2017-12-29 22:07 | Report Abuse

8) MUIIND, PMCORP - Listened to calvin, bought small 3% positions each. Sold at the crazy jump. May buy again as it is really a nice net asset play.

lul

Posted by Alex™ > 2017-12-29 23:31 | Report Abuse

u focus on too much stock. Play lesser. 7-8.

Posted by Jon Choivo > 2017-12-30 00:56 | Report Abuse

Possible, i think so too. I'm mixing it up a bit. My top 3-4 holdings is 60% of my holdings already. The rest, are relatively small 1-4% positions.

My problem is that i'm conservative, and the thing about investment is that you don't have perfect knowledge, so when something is a large enough discount to intrinsic value, i'll just buy. If i'm really really sure of something, ill build my position up to a maximum of 30%. I think 30% is the absolute max for me d.

I wont make the kind of money highly concentrated portfolios will make, but i also wont lose the kind of money they lose.

Alex™ u focus on too much stock. Play lesser. 7-8.
29/12/2017 23:31

Posted by martinam > 2017-12-30 01:41 | Report Abuse

Dry sense of humour. Down to earth, honest and humble. Look forward for more.

Posted by Pusher_Punisher > 2017-12-30 16:24 | Report Abuse

great write up. i hope u can share more detail maybe top 3 or top 5 of your favourite stock. hope can learn more from you. thank you.

Posted by Alex™ > 2017-12-30 16:30 | Report Abuse

@Jon Choivo

Thank you for sharing.

i just tabled all my trades for this year for tax filing purpose. I found out that out of 120 trades, only 10% big profitable trades are needed to put me in a good year.

Hence, this 2018 year I'll try to trade lesser, but with more quality, fundamentally strong, technical setup. Wish you all the best also.

Posted by Jon Choivo > 2017-12-31 05:08 | Report Abuse

Here you go.

https://klse.i3investor.com/blogs/PilosopoCapital/142803.jsp

Flintstones Please do. Nobody in i3 has done that yet. Look forward.
29/12/2017 20:05

Posted by yfchong > 2017-12-31 07:36 | Report Abuse

Bro Jon ...you r true. Taiko n take responsibility to review... all the best 2018...,happy investing 2018

Posted by value88 > 2018-01-01 12:26 | Report Abuse

At this age, u can read all the annual reports in Bursa, I salute.
Being humble, honest and open to admit mistakes and learn from them, i think your stock investment future is very bright. U are kind of a "growth stock".
I look forward to seeing more of your article.
Thank you.