Posted by kasinathan > 2018-03-14 06:26 | Report Abuse

Calvin bj,

the margin of safety in built in your recommended stock like bjcorp have got no safety margin at all. i follow you since 2013 when you valued bjcorp at rm10 when the price at 55 cents.

After 5 years...bjcorp down to below 35 cents. Is this the so called margin of safety?

You better keep doing with your bj

Posted by 3iii > 2018-03-14 07:03 | Report Abuse

Calvin

You are obviously well read.

But when it comes to stock selection, you seem incapable of implementing this margin of safety principle.

Margin of safety principle is best when applied wholly to the quality of the business and the management too and not just focusing on price alone.

Thus, the 3 questions raised are:

Does the quality of the business gives me a margin of safety?

Does the quality and integrity of the management gives me a margin of safety?

Does the market price relative to its intrinsic value gives me a margin of safety?

Buffett's rule no 1 is: Do not lose money.

Graham emphasized this too, as you rightly pointed out. The most important thing in investing is preservation of your capital (same as Buffett's rule no 1) and then a satisfactory raye of return from that investment.

Posted by traderman > 2018-03-14 07:04 | Report Abuse

lol this Calvin know shit. his investment tactic is buy when a share price drop like mad already and always see nta

Posted by calvintaneng > 2018-03-14 09:49 | Report Abuse

Good morning all,

Kasinathan,

OVER TIME I THINK BJ CORP WILL STILL MOVE UP IN PRICE WHEN ASSETS ARE DISPOSED TO REFLECT ITS TRUE VALUE.

SO JUST WAIT.

3iii

Yes,
Quality of business
Quality and integrity of management
Quality of Assets

are criteria for MARGIN OF SAFETY

BUT AS BEN HAS MANY DISCIPLES CHOSING TO FOCUS ON ALL THREE OR JUST ONE OF THE THREE.

I CHOSE WALTER SCHLOSS WHO ZERO IN ON NUMBER THREE......QUALITY OF ASSETS COME FIRST. AND MOST OF THESE WITH QUALITY OF ASSETS SELLING AT UNRECOGNISED VALUE ARE USUALLY TAKEN PRIVATE.


traderman,

you are correct

I love to buy Value Stock when price dropped like shit

How else would i have spotted jaks at 40 sen, Prestar at 46 sen, masteel at 66 sen, wangzng at 75 sen, dutaland at 39.5 sen, kpscb at 44 sen, insas at 66 sen, pohuat at 50 sen_after split, myeg at rm1.00 after spilt and these chun chun ones taken private. .. super enterprize, kulim, tmakmur ,thestore, weida and wangzng

Posted by calvintaneng > 2018-03-14 10:32 | Report Abuse

FOR NESTLE MALAYSIA PRICE HAS NOW OVERSHOT ON THE UPSIDE

MALAYSIA NESTLE HAS A MARKET OF 31 MILLIONS POPULATION IN MALAYSIA.

AUSTRALIA NESTLE DOES NOT HAVE PALM OIL SO IS OTHER COUNTRIES.

HOW MUCH 31 MILLION PEOPLE COULD GIVE THE TOTAL PROFITS TO NESTLE?

AND HAS THE PRICE RUN AHEAD OF ALL FUTURE PROFITS?

WHY NESTLE IS A GOOD STOCK IT COULD ALSO BE OVERPRICED BY THE MARKET

SO BE VERY CAREFUL NOT TO CHASE TOO HIGH.

Posted by calvintaneng > 2018-03-14 10:43 | Report Abuse

Now Saigon fell in Year 1975 during the Vietnam War

Let's use Margin of Safety in that Crisis time.

Let's put these 3 to the test

1. Quality of business
No more business as North Vietnam has overthrown South Vietnam.
So communism is taking over. Capitalism over for that time.

2. Quality of management.
No more. As managers are scambling to flee by all means. Many ended up as Viet Refugee Boat people fleeing to Malaysia, Singapore, Indonesia and Australia

3. Quality of Assets
Ha! This is the only one left.
Now there are different types of assets
Those who owned houses and lands left them behing.
Viet Dong? No use as Malaysia and Spore won't accept it then.
Usd? Yes. Everyone who has Usd can take it with them in the boat. Physical gold or jewelery? Yes. These are portable.

Cars, businesses, factories?
Nothing could be salvaged.

I met the Viet Boat people in Singapore in year 1970s.

One guy told me he has 12 cars in Vietnam which he left behind. On high seas they ran out of water. So they drank urine.

Sordid stories of people turning to cannibalism were wispered.

Those were terrible times!

So Margin Of Safety is really in

USD DOLLARS
GOLD OR PRECIOUS METALS OR JEWELERY
SMALL ARTICLES THAT COULD BE TRANSPORTRD OUT IN HASTE.


NOW THAT IS WHY ASSETS OF VALUE AS A MARGIN OF SAFETY IS PARAMOUNT

Posted by Jon Choivo > 2018-03-14 10:45 | Report Abuse

Got so many companies with way larger margin of safety on an NTA basis other than TAGB.

Posted by joetay > 2018-03-14 10:47 | Report Abuse

clown calvintaneng, if u bs so much abt margin of safety, then why r 6 out of 7 stock buy calls u gave since start of the yr is in red, with 3 in deep red????

really is slapping ur own face and exposing ur stupidity.

lol...............

Posted by kasinathan > 2018-03-14 11:06 | Report Abuse

calvin,

just wait? another 5 years?

Posted by calvintaneng > 2018-03-14 11:17 | Report Abuse

HOHOHO!!!

Posted by calvintaneng > 2018-03-15 00:24 | Report Abuse

See in a Tsunami

1) Management no use as they are swept away!

2) Business also in danger as Customers are swept Away!!

3) ONLY ASSETS LIKE STRONG BUILDING STANDING FIRM

WATCH

https://www.youtube.com/watch?v=Uhe36Co4ayo

https://www.youtube.com/watch?v=PQ0SFbiDrSk