6 people like this.

169 comment(s). Last comment by stockraider 2018-08-25 10:46

kcchongnz

6,673 posts

Posted by kcchongnz > 2018-08-22 19:33 | Report Abuse

Posted by qqq3 > Aug 22, 2018 07:12 PM | Report Abuse
kcc
nothing to do with the law.
I am not even an investor....I am a small time trader. A small time trader cannot wait for the IPP to be completed. I trade according to my business sense.


Oh, I thought you were involved in a pumped-and-dumped activities. This is because with the share price dropping like that unabated from RM1.80 to below RM1.00, and you were promoting it relentlessly, only those involved in this pnd activities can make money. Some more made 5 rounds!

qqq3

13,202 posts

Posted by qqq3 > 2018-08-22 19:49 | Report Abuse

kc

the quality of blogs have improved , as long as people use more business sense in their blogs....and less fake news in their blogs like this fellow........

http://klse.i3investor.com/servlets/forum/600168169.jsp


I am not in favor of fake news blogging

I am in favor of honest sharing from KYY

kcchongnz

6,673 posts

Posted by kcchongnz > 2018-08-22 20:01 | Report Abuse

Posted by qqq3 > Aug 22, 2018 07:49 PM | Report Abuse
kc
the quality of blogs have improved , as long as people use more business sense in their blogs....and less fake news in their blogs like this fellow........
http://klse.i3investor.com/servlets/forum/600168169.jsp
I am not in favor of fake news blogging
I am in favor of honest sharing from KYY

Fake news? Future eye has provide all relevant data and detail analysis. Don't just say fake, but show what is fake.

I kind of think this below is fake news when Jaks's share price dropped unabated to less than RM1 now after you promote it and asked people to use MF to sailang it from RM1.50 to RM1.80,

Posted by qqq3 > Aug 22, 2018 11:58 AM | Report Abuse
As for me....my business sense makes me at least 5 round on Jaks already ....the last time sold at the top and even wrote to a friend to sell at $ 1.70 and never look back.

Or

"Oh, I thought you were involved in a pumped-and-dumped activities. This is because with the share price dropping like that unabated from RM1.80 to below RM1.00, and you were promoting it relentlessly, only those involved in this pnd activities can make money. Some more made 5 rounds!"

qqq3

13,202 posts

Posted by qqq3 > 2018-08-22 20:03 | Report Abuse

it show you got no business sense....nothing more than that.

qqq3

13,202 posts

Posted by qqq3 > 2018-08-22 20:05 | Report Abuse

u easily impressed by impressive looking blogs...that is u, anyway.

but honest blogs by KYY u think is not honest......

qqq3

13,202 posts

Posted by qqq3 > 2018-08-22 20:08 | Report Abuse

me?

I prefer to be guided by my business sense than by impressive looking blogs

this guy here wrote some business sense....

https://klse.i3investor.com/servlets/forum/600170180.jsp

mamatede

3,949 posts

Posted by mamatede > 2018-08-22 23:05 | Report Abuse

How's your Jaks KC? cut lose?

tecpower

3,536 posts

Posted by tecpower > 2018-08-23 00:51 | Report Abuse

A corner of the market is rallying, and it could confirm a classic bull theory. https://www.cnbc.com/2018/08/22/dow-transports-are-rallying-and-that-could-confirm-a-classic-theory.html

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:16 | Report Abuse

all these talks about compounding is what?

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:17 | Report Abuse

is just irresponsible talk as applied to small time investors.... just wait for the next crash

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:19 | Report Abuse

people who ought to know better is spreading false comforts.

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:21 | Report Abuse

Malaysia have it good so far...
for how long?

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:22 | Report Abuse

ringgit is still one of the strongest emerging currency for 2018.... for how long more?

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:25 | Report Abuse

trade wars, belt tightenings, restructuring at Khazanah, disappointing results, and people still a go go

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:26 | Report Abuse

accident at Wall Street.... just waiting for that to happen

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:41 | Report Abuse

average holding time for US stocks has fallen from eight months at the turn of the century to two months in 2008, and just 20 seconds today, according to data collated by Leo Chen, portfolio manager at Cumberland Advisors

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 02:42 | Report Abuse

Kcc and gang talking like dinosaurs divorced from reality

wlchew

30 posts

Posted by wlchew > 2018-08-23 04:13 | Report Abuse

I have dabbled in the stock market since 1968 and had yet to make 1 ringgit and I can't remember how much I have lost till now. The only thing I learned is that if your remiser don't trust you is the only sure thing you will still be around after50 years as you can only loose what you have.
ordinary guys can never and will never make $ fr klse unless you have lots of $$$$$ and belong to one of the syndicates who manipulates klse.
So be happy if you don't loose your underwear

Posted by Dr_Mahathir > 2018-08-23 08:21 | Report Abuse

Don't follow blindly. If stocks chased high later drop will KC Chong/KYY/OTB bear your losses?

Posted by Dr_Mahathir > 2018-08-23 08:25 | Report Abuse

Dr M: Would you kill if I ask you to?
http://www.thesundaily.my/news/2018/08/15/dr-m-would-you-kill-if-i-ask-you

NOBY

936 posts

Posted by NOBY > 2018-08-23 08:58 | Report Abuse

I think John in this example can be considered "lucky" that he didnt make money in the stock market using the wrong approach in the early stage. Imagine if he had doubled or tripled his money using the wrong process and was convinced of his god given skills. The damage from this overconfidence would a be a lot bigger further down his investment career.

UnicornP

2,438 posts

Posted by UnicornP > 2018-08-23 10:33 | Report Abuse

wlchew may i know what companies you holding now?

newbie8080

2,599 posts

Posted by newbie8080 > 2018-08-23 12:30 | Report Abuse

Many people here in I3 are day traders and speculating over rumours and tips from someone.
In fact, 70% of these people never really make money or make losses.

Very rarely to meet people here holding shares for investment greater than 1 year.

There's rich billionaires who are investors but none are day traders. This proves the statistics.

pdchs

544 posts

Posted by pdchs > 2018-08-23 14:04 | Report Abuse

Fundamental of investment
1. Select industry
2. Company can growth & profitable (2Q profit > 1Q) (Koon Yew Yin choice of selection)
3. Continue monitor (new product, new segment and good news)
4. Run when company profit below last Quarter

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 14:08 | Report Abuse

y pdchs > Aug 23, 2018 02:04 PM | Report Abuse

Fundamental of investment
1. Select industry
2. Company can growth & profitable (2Q profit > 1Q) (Koon Yew Yin choice of selection)
3. Continue monitor (new product, new segment and good news)
4. Run when company profit below last Quarter
====================================

or else buy extremely low PE and cross fingers.

Posted by omightycap > 2018-08-23 15:14 | Report Abuse

KCC you are really free to entertain people like qqq3... when they comment on our blog, we couldn't be bothered

UnicornP

2,438 posts

Posted by UnicornP > 2018-08-23 16:22 | Report Abuse

pdchs I really wanna high 5 with you. ;)

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 16:36 | Report Abuse

omightycap > Aug 23, 2018 03:14 PM | Report Abuse

KCC you are really free to entertain people like qqq3... when they comment on our blog, we couldn't be bothered
==========================

omightycap....another wannabe sifu with ambition to be sifu......cari makan some more.

qqq3

13,202 posts

Posted by qqq3 > 2018-08-23 16:36 | Report Abuse

who else?

all come come same time better.

kcchongnz

6,673 posts

Posted by kcchongnz > 2018-08-23 20:09 | Report Abuse

Posted by ks55 > Aug 22, 2018 05:09 PM | Report Abuse
RMB now 57.96 sen. It will go to 60sen soon. Can it go to 70 sen? 80sen?
Invest in RMB dominated collectibles is equivalent to invest in RMB. Invest in RMB dominated collectibles is equivalent to invest in RMB.
中國瓷器
大師國畫,墨宝
名家紫砂壺
勐海茶廠、下關茶廠改制前普洱茶
印级普洱茶
OBOR Initiative coupled with Xi's Speech on 19th CMC Direction for China future development (Dream), China's economy can only growing from strength to strength.
RMB exchange rate denotes the health of China economy. Like it or not, it will further reflect its value five years down the road.

See?
Is it that difficult to make 26% ROI yearly for next 10 years to come?


One very interesting thing about finance and investment is that it is about the future, and the future is full of uncertainties.

With regards to the movement of macro thingy like foreign exchange rate, nobody has done it right consistently and there is no statistical significance evidence to show that anyone can do it.

The interesting is the power of arbitrage. If some investment is so good that you are expected to get CAGR of 26% over the next 5, 10 years, 20 years, the price of the asset would have been bidden up right now that you won't be able to get that CAGR.

kcchongnz

6,673 posts

Posted by kcchongnz > 2018-08-23 21:09 | Report Abuse

Posted by chabalang > Aug 21, 2018 06:42 PM | Report Abuse
Another interesting piece from KC Chong...something relevant for most retail investors. Do keep up your good work! My 2-cent opinion, retail 'investors' will be better off just buying low-cost index tracking funds (but they won't because it is boring).

Very good point.

Boring shouldn't be a reason for wealth preservation but bear in mind index fund also has its other problems.

ks55

2,542 posts

Posted by ks55 > 2018-08-23 23:10 | Report Abuse

Posted by kcchongnz > Aug 23, 2018 08:09 PM | Report Abuse

Posted by ks55 > Aug 22, 2018 05:09 PM | Report Abuse
RMB now 57.96 sen. It will go to 60sen soon. Can it go to 70 sen? 80sen?
Invest in RMB dominated collectibles is equivalent to invest in RMB. Invest in RMB dominated collectibles is equivalent to invest in RMB.
中國瓷器
大師國畫,墨宝
名家紫砂壺
勐海茶廠、下關茶廠改制前普洱茶
印级普洱茶
OBOR Initiative coupled with Xi's Speech on 19th CMC Direction for China future development (Dream), China's economy can only growing from strength to strength.
RMB exchange rate denotes the health of China economy. Like it or not, it will further reflect its value five years down the road.

See?
Is it that difficult to make 26% ROI yearly for next 10 years to come?


One very interesting thing about finance and investment is that it is about the future, and the future is full of uncertainties.

With regards to the movement of macro thingy like foreign exchange rate, nobody has done it right consistently and there is no statistical significance evidence to show that anyone can do it.

The interesting is the power of arbitrage. If some investment is so good that you are expected to get CAGR of 26% over the next 5, 10 years, 20 years, the price of the asset would have been bidden up right now that you won't be able to get that CAGR.




FYI kcchongnz, seeing is believing.
Find out from those who invested in puer tea what could be the return like.
勐海茶廠、下關茶廠改制前普洱茶
印级普洱茶 are sure to make windfall profit.
Why? Ask MD of Hai O Mr Tan Keng Kang to find out why.

Common talk in puer world is to make 10 times in 10 years is some how guaranteed. That is to say 100 times in 20 years is not a problem.It is a mere 26% increment per year.
No one dare to promise you will make 5 times in 5 years, or 25 times in 10 years. Again it is only a 37% increment per annum.

The truth is for past 15 years, 勐海茶廠、下關茶廠改制前普洱茶 and
印级普洱茶 appreciated more than 50 times. And these produce are going to continue the up trend at even faster rate.

kcchongnz

6,673 posts

Posted by kcchongnz > 2018-08-23 23:10 | Report Abuse

Posted by NOBY > Aug 23, 2018 08:58 AM | Report Abuse
I think John in this example can be considered "lucky" that he didnt make money in the stock market using the wrong approach in the early stage. Imagine if he had doubled or tripled his money using the wrong process and was convinced of his god given skills. The damage from this overconfidence would a be a lot bigger further down his investment career.

Great point.

If you read public forum like i3investor, you would notice that some individuals seems to have made a lot of money in the stock market just by luck or other means. So they become over-confident that they have found the Holy Grail in making money in the stock market.

They double up their bet each time, make RM1m, double up with another million with margin finance, make another RM2m, RM10m, and continue to double up with MF, and just bet big on one stock or two, confidently think that he will be another George Soros before he dies. Sure win one.

This is additive, like drug, and that is the mind-set of a big gambler. It only requires once, the appearance of a black swan, or a gross misjudgment, and the stock market or the particular stock tanks and everything evaporated.

There were many case happened in 1998. Some of them still paying back their losses even now.

Yes, if he has been losing money, his own money which he can afford to lose, the above won't happen.

abang_misai

2,420 posts

Posted by abang_misai > 2018-08-23 23:18 | Report Abuse

Apa lu mau?

stockraider

30,111 posts

Posted by stockraider > 2018-08-24 00:00 |

Post removed.Why?

3iii

10,643 posts

Posted by 3iii > 2018-08-24 08:02 |

Post removed.Why?

Koon Bee

5,187 posts

Posted by Koon Bee > 2018-08-24 08:06 | Report Abuse

By the way, if KC vs Calvintaneng, which one better? I think we cant find anyone lousy than calvintaneng because he already prove himself as holland king in stock pick 2017. Negative performance and rank bottom 3 in bull market, 笑死人..malu lo

Alex™

12,581 posts

Posted by Alex™ > 2018-08-24 08:14 | Report Abuse

I still vote Calvin bro, coz he got the courage to give buy call and state his reason. As for kc, not sure la.

Ah bee leh? Got buy call kah? If not, no need laugh ppl leh

Alex™

12,581 posts

Posted by Alex™ > 2018-08-24 08:16 | Report Abuse

Alex observation on i3 repeated accusation on raider sifu integrity is troubling. One does not boast of his consistent investing behavior and yet appears in forum everyday to sing down everyone who is against his choicest pathway to wealth.

kcchongnz

6,673 posts

Posted by kcchongnz > 2018-08-24 13:39 | Report Abuse

Posted by wlchew > Aug 23, 2018 04:13 AM | Report Abuse

I have dabbled in the stock market since 1968 and had yet to make 1 ringgit and I can't remember how much I have lost till now.

ME: I AM SURE YOU HAVE MADE SOME MONEY ONE TIME OR ANOTHER, EVEN IF YOU SIMPLY TIKAM. ONLY THAT OVERALL YOU MAY LOSE EVERY YEAR.

The only thing I learned is that if your remiser don't trust you is the only sure thing you will still be around after50 years as you can only loose what you have.

ME: THINK OF IT MY REMISIERS MUST HAVE NOT TRUST ME. THEY HAD NEVER ENTICED ME TO TAKE UP MARGIN FINANCE TO PUNT IN THE STOCK MARKET AS THEY PROBABLY THOUGHT I WOULD NOT BE ABLE TO PAY UP WHEN THINGS DIDN'T WORK OUT.

ordinary guys can never and will never make $ fr klse unless you have lots of $$$$$ and belong to one of the syndicates who manipulates klse.
So be happy if you don't loose your underwear

ME: GREAT POINT. FOOD FOR THOUGHT.

I ALWAYS PONDER WHY SOME PEOPLE COULD MAKE SO MUCH MONEY IN SPECULATING IN THE STOCK MARKET AS CLAIMED, EVEN IF THEY ARE RICH, AS I STUDY THE PUBLISHED RECORDS AND THE WAY THEY SPECULATE/INVEST, AND THE STOCKS THEY SHARED AND THE ARTICLES THEY HAVE WRITTEN, IT IS HARD TO BELIEVE THAT BIG MONEY WAS MADE.

SO THE ABOVE STATEMENT MAKES A LOT OF SENSE.

3iii

10,643 posts

Posted by 3iii > 2018-08-24 15:56 |

Post removed.Why?

3iii

10,643 posts

Posted by 3iii > 2018-08-25 08:08 |

Post removed.Why?

stockraider

30,111 posts

Posted by stockraider > 2018-08-25 10:03 | Report Abuse

THATS IS ONE OF THE RIGHT WAY OF USING MARGIN...EXTRACTED FROM JON CHIVO INTERVIEW LOH...!!

How does one trade for income, invest for the future, and be able to buy more when a recession comes?

While I was in Johor, I also met another investor. He is able primarily a trader, but has a significant investment tendencies and ability.

He too has a fairly decent return and a fair decently sized portfolio (triple mine probably). I asked him, why do you feel such an urge to trade when you know investing for absolute return is the best way and your capital is more than enough.

He said, “Well, I have three children, most of my salary goes to feeding them family and keeping a roof over their heads and a car, so any additional income and growth in capital needs to come from my investment/ trading portfolio.”

According to him, he has a main cash portfolio, and a margin account backed by FD. One of his main concern is that how does he make money from trading without risking too much capital, and how does he be able to have the cash to invest during a crisis, when he can save so little?

We discussed for a while, taking into account the methods of my top trader friend and this is the solution we came up with.

Portfolio management for a trader/investor.

Open two portfolio. The first is pure cash only, and the other is a margin trading account. I would suggest portioning it 80% in the cash investment account, and 20% in the margin account.

For the cash account, you will only buy long term investments, that you are absolutely sure of its intrinsic value, no gambling, trading, sentiment reading at all, pure absolute value long term investing. Any selling or buying needs to be based on fundamentals and discount to intrinsic value. You only sell when fundamentals change, or if it went up too much.

For the trading account, you will trade stocks based on sentiment news etc. The key thing you need to know is, one, you are trading rubbish companies like HUAAN etc. Or you do not really understand the company.

You are gambling. The key thing here to make sure you don’t get confused, is to not mix your cash and gambling picks. Stock you buy for investment, you cannot trade with. Stock you buy for trading you cannot buy for investment.

You have a very clear cut loss, which needs to be based on the leverage used.

Assuming your use FD backed margin accounts, If maximum 3 times leverage is used, a 5% drop means you need to sell everything. 2 times, mean you need to sell out all at 10% drop. Just one time leverage, you need to cut at 15%. No exceptions.

In times when sentiment is bad, you will not trade at all. And if your cash investment portfolio drops by at least 30%, you will only then move it to margin. And you will margin up to 50% of your capital maximum. And you will only leverage up very slowly at 2-3% per week. And only if you are very very sure.

If you feel sentiment consolidating in the recession (do note can consolidate and drop a few times), you can trade, but must adhere very very closely to cut loss.

You are gambling, don’t ever forget that. If needed, you should consider moving it all to the investment portfolio, if the former drops by more than 50%.

As you will be holding your investment portfolio all the way down, and buy as you go. You must make sure you are very very very very clear about your companies what they are worth. The economics and the valuation.

And if you’re actually correct, chances are it won’t drop more than 50%. If you were to leverage up to 30% once your portfolio is down 30%, chances of you ever getting margin called is very close to zero. You may want to lower it to 25 to 20% to be more safe.

You cannot make a mistake in valuation, economic characteristics, or margin of safety. Because you are holding and buying more all the way down.

If you are wrong, they won’t be a rebound.

Conclusion

I hope this was as useful to you, as my conversation and discussions with these people were. Good luck.

stockraider

30,111 posts

Posted by stockraider > 2018-08-25 10:22 | Report Abuse

ON 3ii,i U WILL NOTICE HE IS THE ONE WHO SHOUT THE LOUDEST TO SELL HENGYUAN WHEN IT WAS RM 2.00 TO RM 4.00 LOH...!!

WHEN HENGYUAN MOVE TO RM 6.00 AGAIN HE SHOUT SELL....WHEN IT MOVE ABOVE RM 10.00 AGAIN HE SHOUT SELL....WHEN MOVE TO RM 19.00 AGAIN HE SHOUT SELL LOH.....!!

MO DOUBT HENGYUAN HAS CORRECTED BACK TO RM 7.00 LEVEL, RAIDER SEE THIS IS A SUSTAINABLE FLOOR LOH...!!

WHY LEH ??
EVEN IF U LOOK AT SHELL TRACK RECORD OVER 15 YRS HISTORY, HENGYUAN USUALLY TRADE AT RM 6.00 TO RM 10.00 BAND FOR MANY YEARS LOH...!!
THE CHINAMAN WHO RUN HENGYUAN NOW, IS DEFINITELY MORE COST EFFECTIVE THAN THE MAT SALLEH...THUS CONSERVATIVELY HENGYUAN SHOULD ABLE TO HOLD THE BAND OF RM 6.00 TO RM 10.00 RANGE LOH...!!

PEOPLE LIKE 3iii WHO ONLY KNOWS HOW TO HOLD SHARE, HAS NO SENSE OF VALUE LOH, JUST LOOK AT HOW 3iii SHOUT SALE HENGYUAN ALL THE WAY RM 2.00 TO RM 19.00....SHOWS HE HAS NO SENSE OF VALUE LOH....IF THE U EVERYDAY SHOUT...SHOUT....SURE ONE DAY U KENA LOTTERY LOH...!!

BUT THAN HENGYUAN IS STILL ABOVE RM 7.00 ....NOT 3iii ABSURB RM 2.00 TO RM 4.00 VALUATION MAH....!!

IN FACT THERE IS HIGHER CHANCES OF HENGYUAN BREAKING RM 10.00 LIMIT THEN COMING DOWN TO RM 4.00 LOH....!!

3iii IS A JEALOUS MAN....LOH..!!
HE IS VERY JEALOUS OF RAIDER SUCCESS LOH...!!
THATS WHY RAIDER ALWAYS FUCK 3iii LOH....!!

tecpower

3,536 posts

Posted by tecpower > 2018-08-25 10:24 | Report Abuse

Wow. The PHLX Semiconductor was up 1.46% yesterday.

3iii

10,643 posts

Posted by 3iii > 2018-08-25 10:26 |

Post removed.Why?

stockraider

30,111 posts

Posted by stockraider > 2018-08-25 10:29 | Report Abuse

INTEGRITY ??

TELL ME WHEN HENGYUAN CAN BE RM 4.00 BASED ON YOUR VALUATION LOH...!!

Posted by 3iii > Aug 25, 2018 10:26 AM | Report Abuse

>>>3iii IS A JEALOUS MAN....LOH..!!
HE IS VERY JEALOUS OF RAIDER SUCCESS LOH...!! <<<


How to have a great conversation with someone lacking integrity.

tecpower

3,536 posts

Posted by tecpower > 2018-08-25 10:35 | Report Abuse

Chip stocks are rallying, and one trader sees a bigger breakout
https://www.cnbc.com/2018/08/24/chip-stocks-are-rallying-and-one-trader-sees-a-bigger-breakout-ahead.html

tecpower

3,536 posts

Posted by tecpower > 2018-08-25 10:42 | Report Abuse

The chip stocks have gone wild, having their best week in 5 months
4 Hours Ago
Semis soar. Looking for the next big chip breakout stock? CNBC's Melissa Lee and the Options Action traders, Mike Khouw, Tim Seymour and Dan Nathan.
https://www.cnbc.com/video/2018/08/24/chip-stocks-have-gone-wild-best-week-5-months.html

stockraider

30,111 posts

Posted by stockraider > 2018-08-25 10:46 | Report Abuse

IT IS TRICKY LOH....!!
YES SEMIS IND UP....BUT TO PICK WHICH CO....UNDER SEMIS IND WILL BENEFIT & BE A WINNER IS A CHALLENGE ALSO MAH....!!

ALWAYS LOOK FOR SUSTAINABLE LONG RUN PERFORMANCE & NOT ONE TIME SPRINT MAH......!!

Posted by tecpower > Aug 25, 2018 10:42 AM | Report Abuse

The chip stocks have gone wild, having their best week in 5 months
4 Hours Ago
Semis soar. Looking for the next big chip breakout stock? CNBC's Melissa Lee and the Options Action traders, Mike Khouw, Tim Seymour and Dan Nathan.
https://www.cnbc.com/video/2018/08/24/chip-stocks-have-gone-wild-best-...

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