Posted by Alex™ > 2018-06-12 22:02 | Report Abuse

dun play play oh, probability sifu spot hrc earlier than uncle koon, hehe

Posted by enid888 > 2018-06-12 22:04 | Report Abuse

Thks for sharing. I will go through, digest and incorporate the good ones into my investment strategy.

Posted by pussycats > 2018-06-12 22:05 | Report Abuse

Thanks for your sharing, Icon. Icon, your write up will certainly help a lot of bilis in bursa. Thank you very much to Icon.

Posted by winnerz > 2018-06-12 22:12 | Report Abuse

Back to the basics :)

Posted by qqq3 > 2018-06-12 22:12 | Report Abuse

comparing Bursa with NYSE and London.

I think Malaysians are luckiest.

I think NYSE too dangerous, London too sleepy.

Bursa has the best combination of opportunities, movements, and familiarity.

Posted by myongcc5 > 2018-06-12 22:14 | Report Abuse

U r absolutely corrcet.QQ3

Posted by Halite > 2018-06-12 22:31 | Report Abuse

What is so difficult?
After buying a good stock cheap, then sembayang kuat kuat to improve your luck.
You need knowledge to buy and sell but you need luck to win

Posted by Halite > 2018-06-12 22:34 | Report Abuse

How to improve your luck?
Do not share anything with an intention to create confusion or fear

Posted by Flintstones > 2018-06-12 22:35 | Report Abuse

Here comes the oracle xuewen to teach us about investing

Posted by Halite > 2018-06-12 22:36 | Report Abuse

How to improve you luck?
Do not try to prove the wrong is right

Posted by Halite > 2018-06-12 22:37 | Report Abuse

How to improve your luck?
Do not blame others for your failure

Posted by mangomilkshake > 2018-06-12 22:37 | Report Abuse

Good sharing.Thanks

Posted by Flintstones > 2018-06-12 22:38 | Report Abuse

How to improve your luck?
Take what xuewen wrote for a pinch of salt

Posted by Halite > 2018-06-12 22:38 | Report Abuse

Most important one!

How to improve you lucks?

DO NOT SELL TIPS, GIVE THEM FREE HERE.

Posted by Halite > 2018-06-12 22:40 | Report Abuse

My free tip for everyone here

BUY EKOVEST

Posted by Flintstones > 2018-06-12 22:41 | Report Abuse

Lan jiao la xuewen

Posted by Halite > 2018-06-12 22:44 | Report Abuse

Do not blame God is unfair to you
You less and less lucks because you bad mouth others

Do you know how the universal law of karma works?
One with a bad mouth shall not have good lucks

Posted by Flintstones > 2018-06-12 22:46 | Report Abuse

Here comes cikgu xuewen to teach me how to be a good soul

Posted by Halite > 2018-06-12 22:47 | Report Abuse

Flintstone,

God still love you even though your hati is busuk (your heart is evil)

Be Good!

You can if you want

Posted by vinc3362 > 2018-06-12 22:47 | Report Abuse

Icon8888,

A bit dissappointed with the article. Expected something more.

However, thanks for the effort.

Bad news is you have yet to discover the 'game changing' investing methodology, but to view it from different perspective, whatever returns you are seeing now can be further improved substantially.

All the best to your investing journey.

Posted by Halite > 2018-06-12 22:47 | Report Abuse

I dare teach you
I learn a lot from you

Posted by Halite > 2018-06-12 22:48 | Report Abuse

That is why i look not so bad

Posted by Flintstones > 2018-06-12 22:48 | Report Abuse

xuewen I know you are a christian but dont god here god there la. I am not interested in your god. Amen amitabha alhamdulilah

Posted by Halite > 2018-06-12 22:49 | Report Abuse

God bless you

Posted by Flintstones > 2018-06-12 22:49 | Report Abuse

alhamdulillah wa syukurillah

Posted by donfollowblindly > 2018-06-12 22:52 | Report Abuse

WCE, Muda, Kim Lun-W drop since recommending how to be rich?

Posted by Halite > 2018-06-12 22:53 | Report Abuse

Do not wrestle with the pig,
Both of you will get dirty
But the pig enjoys it.

Posted by Flintstones > 2018-06-12 22:56 | Report Abuse

Okok xuewen. Just f***ing with you. Guy wanna have fun. I mean no harm. Cheers!

Posted by Halite > 2018-06-12 22:59 | Report Abuse

If you know very well that you head can not break the wall, do not do it.

Flintstone,

I know i can talk rubbish better than you but I don't enjoy talking rubbish with you

You know you can't hurt me with all your rubbish, yet you keep talking rubbish


Do you not feel very foolish doing so?

Posted by Halite > 2018-06-12 23:01 | Report Abuse

Why use all the vulgar words

How you children feel if they read it

Posted by Halite > 2018-06-12 23:03 | Report Abuse

You must set a good example for your children

Your children do not hope to see their father scolding vulgar words

Posted by 624298991 > 2018-06-12 23:15 | Report Abuse

great write up... hold is a must ...

Posted by Sslee > 2018-06-12 23:18 | Report Abuse

Dear Icon8888,
I have questions?
Are INSAS and TA asset paly or earning play?
INSAS earn growing profit from Inari and TA from hotel operation.
Can a share be both asset and earning play?

Thank you

Posted by mike90 > 2018-06-12 23:35 | Report Abuse

(Icon) Muda Holdings - My 2018 Sailang Stock

https://klse.i3investor.com/blogs/icon8888/154696.jsp


Still applicable?

Posted by hstha > 2018-06-13 01:00 | Report Abuse

Don't follow anyone in the forum blindly.

Posted by qqq3 > 2018-06-13 01:05 | Report Abuse

there is no morality in stock market.......

stock market not a church and not a law court.

the bad government of Najib created the conditions for a good run of the stockmarket 2008 to 2018.....

2008 to 2018.....stock market supported by fake money, fake news, expansionary GDP growth based on unrecorded borrowings, irresponsible government.

2018 forwards its going to be responsible government, contraction in government expenditures,

expansion phase turns to contraction phase......how are you going to handle it?

Posted by probability > 2018-06-13 01:14 | Report Abuse

sifu qqq3, that means RM will weaken against USD.....

shall we go for export stocks?

Posted by Administrator > 2018-06-13 01:17 | Report Abuse

Good tips Icon8888

Posted by qqq3 > 2018-06-13 01:53 | Report Abuse

the good news is foreigners holding Government bonds is only 14%....That means we can handle it, there will be no crisis, no Greek situation....and depreciation of ringgit is only a 50/50 event.

the bad news is that every thing has changed...even the strategies that applied before has to change....target prices have to reduced, 10% profits target most cases good enough, you don't sell other people will sell, stock selections more narrow, and keep the thinking cap on always.

business sense will keep you in the right stocks.....keep reviewing your portfolio.


just to make 10-15% , you have to be early and keep to the stocks with good business sense.


I do not think high NTA, or low PE stocks is of any use ..............only stocks that can attract people to keep buying is good enough to buy.

Posted by qqq3 > 2018-06-13 01:58 | Report Abuse

improved or improving business environment is good business sense........

when Sabah bans exports of logs, who will benefit?

when no GST and no SST for 3 months, this quarter, all the car companies will have record sales.

Posted by qqq3 > 2018-06-13 03:02 | Report Abuse

not just cars, all non perishable items (like TVs) will have record sales this quarter.

Posted by kyosan > 2018-06-13 07:53 | Report Abuse

4. Don't Look Too Far Ahead

it's correct, i called it growth investor. Try to look those development of new factory/production/plant which expected to complete within next 1 year and lesser , many example to prove such as JHM,Comcorp,bslcorp,kgb, few more ..within a year it will double provided that qtr rslt is improving. Another challenge would be to find the best time to sell it back. Greedy another bad chapter to cover.

Posted by valuelurker > 2018-06-13 10:21 | Report Abuse

If there's anything Ive learned it is that people just want to be spoonfed

Hence why in the end its ultimately better to manage outside money

That said in the near-term probability of upside is tilted towards exporters - gloves, apparel, furniture (maybe) etc

You have a strong US economy and jobs data and looming Fed rate hikes coupled with the recent change in our government (lets give them some time to iron out the kinks and implement their policies...) you would expect MYR to depreciate against the USD

Posted by Henly > 2018-06-13 10:54 | Report Abuse

@Icon8888 Thank you for your article

invest in bear and harvest with bull. Choose the counters intelligently and you will be rewarded handsomely.

Currently internet/technology counters gone crazy in Taiwan market. Any one can share what technology counter in Malaysia to be in the watch list? myeg?

Posted by qqq3 > 2018-06-13 11:02 | Report Abuse

export companies faced with a lot of uncertainties. It is not going to be easy choosing the right one.

Posted by gohkimhock > 2018-06-13 11:03 | Report Abuse

Don't follow blindly. Do your own homework. Read ColdEye's books if you know Chinese. You really gain a lot of knowledge.

Posted by Pakcik Saham > 2018-06-13 11:06 | Report Abuse

Thks for sharing and good point "Malaysia is different from the US and other developed countries" The strategies buy on hold can used for some growth stock like Dialog, QL, AJI & pMETAL. 90% Others stock most like prescription only

Posted by Henly > 2018-06-13 11:32 | Report Abuse

I guess Tun M will not let RM=4 /USD, I predict it will strengthen to 3.8. Steel counters will do very well with this as they import 90% of the raw mat

Posted by j450n > 2018-06-13 11:47 | Report Abuse

icon thank you for your insight on your trading method.

Posted by Ricky Yeo > 2018-06-13 12:15 | Report Abuse

Just a few opinions:

1. I agree that one should be realistic with their return instead of taking on excessive risk. But even at 15-20% CAGR can be a risky proposition for most investors.

2. How well Calvin Tan is doing with his investment aside, it has nothing to do with how well asset play is in Bursa. Imagine saying "The 100 years old uncle next door has been smoking his entire life, therefore, smoking is harmless." Calvin Tan's portfolio is nothing but one sample size. The law of small number. Using this inductive reasoning to imply whether an investment strategy i.e asset play is effective is misleading. In addition, if Walter Schloss is still alive and investing today, chances are you are going to see lots of losses in his portfolio 90% of the time. As the name imply, asset play is a game of magnitude. Frequency, you are going to see losses most of the time, but the point of asset play or cigar butt if you want to call it that name is gains from a few stocks in the portfolio should more than enough to make up the losses of the majority. And if a majority people in i3 believe in Icon and start avoiding asset play from today, won't that make asset play more attractive with higher expected value?

3. While I agree there isn't many moat in M'sia compare to US, which is common sense, that is far from saying cyclical play is an 'easy' game for most investors. How many dip their toes in O&G play right before GE13 and get killed when the bust comes? How many people ride the boom on export/furniture stocks died in 2016? And to be frank, export stocks ain't 'cyclical', that's nonsense euphoria build on currency stupidity. Things always look obvious at hindsight. To add further point, most investors are trend followers rather than contrarian, what happens when a trend followers hit on cyclical stocks? That's the quickest way to die.