Posted by qqq3 > Oct 5, 2018 12:31 AM | Report Abuse kc what I don't like about your approach to stock market is you like to teach people to look for low quality but "cheap" stuffs. I think most people are better served if they stick to good quality stuffs.
How do you look at Jaks and Sendai; these two stocks you have been asking people to sailang and margin.
Jaks and Sendai are the main investments of kyy in last 2 years....He is a businessman and risk taker...( he says so himself)...
stockmarket.....stockmarket rewards those who assume the business and market risks and later proven right....he says he is willing to take those business risks , including implementation risks and expect to be well reward later.....follow or not is your own decision, nothing to do with businessman KYY.
ps...presently I have Sendai...I like to ambush shares and this is a good time and price to ambush Sendai. Sendai operates in Middle East and with current oil price, Middle East is swimming in cash. This is party time in Middle East. Management got 70% of the shares, I only a little bit....I don't mind. Some more, the sale of lift boat will be reflected in next report and will show significant improvements in Balance Sheet as well as revenue and profits.
Posted by qqq3 > Oct 5, 2018 04:22 PM | Report Abuse Jaks and Sendai are the main investments of kyy in last 2 years....He is a businessman and risk taker...( he says so himself)...
When I discuss in i3investor, I talk about issues, not personality.
Why the hell you always pull out someone else name? To boast your image?
You said this,
Posted by qqq3 > Oct 5, 2018 12:31 AM | Report Abuse kc what I don't like about your approach to stock market is you like to teach people to look for low quality but "cheap" stuffs. I think most people are better served if they stick to good quality stuffs.
I asked you,
Posted by kcchongnz > Oct 5, 2018 03:30 PM | Report Abuse X How do you look at Jaks and Sendai; these two stocks you have been asking people to sailang and margin. Are they good quality stuff, and why?
Posted by qqq3 > Oct 5, 2018 12:52 AM | Report Abuse Good stuffs are never cheap, cheap stuffs are seldom good, unless it is in the middle of a severe bear market. I think is a good motto to follow......At least then , there is a focus on getting stuffs of higher quality.
Tell us which are the "good stuffs" you have purchased? Sendai, Jaks, Vitrox, Elsoft? What else?
me? I am trader, I buy any stuff....as long as I think I can money based solely on timing considerations........my answers very comprehensive one...........
Posted by qqq3 > Oct 5, 2018 01:02 AM | Report Abuse X
The above 2 posts presupposes we are talking about investments and holdings of at least 12 months or even longer.
The shorter the intended holding period, the more rubbishy stuffs we can put into the portfolio, I guess.
I may even consider putting some of your rubbishy recommendations if the intended holding period is short enough..............if the intended holding period is short enough, then it is all about timing considerations.
Posted by qqq3 > Oct 5, 2018 04:43 PM | Report Abuse me? I am trader, I buy any stuff....as long as I think I can money based solely on timing considerations........my answers very comprehensive one...........
You know what? So far I have been sparring with you. You condemned value investing, condemn TA, FA. But you never even once substantiate it.
I asked you questions, you have never directly answered anyone of them intelligently.
I have written many articles on value investing. You didn't even read them and start to condemn. I tell you what it is, and you just talk about what is totally different from what I wrote. I showed you evidences from every where,and even my own established and verifiable records in i3investor, I doubt you even read them. And you start to condemn again, and again, and talk rubbish.
You only think your BS, I mean bullshit can work. But you can't articulate even once how you BS works.
It is obvious that KC is process oriented and qqq is result oriented. Both are totally opposite. So there is really no point to keep arguing. Others should decide if you are process oriented then follow kc guidance and those that believe result is everything follow qqq.
Posted by qqq3 > Oct 5, 2018 12:31 AM | Report Abuse kc what I don't like about your approach to stock market is you like to teach people to look for low quality but "cheap" stuffs.
ME: I HAVE A TOTAL OF 339 ARTICLES IN I3INVESTOR NOW. TELL ME WHICH POST I TEACH PEOPLE TO LOOK FOR LOW QUALITY STUFF?
I think most people are better served if they stick to good quality stuffs.
ME: TELL ME WHY DO YOU CONSIDER SENDAI AND JAKS AS GOOD QUALITY STUFF?
true, what I say about you.
People like u...always only like to talk about valuations, valuation this valuation that, as if stock market can be so easily valued, people like you will only land up with low quality stuffs.
ME: WHICH STOCK OF MINE IS A "LOW QUALITY STUFF" AND WHY?
intrinsic value....margin of safety......lol.....The more you talk about intrinsic value and margin of safety....the more likely your portfolio is full of low quality stuffs ..........................
ME: TELL ME WHAT YOU UNDERSTAND ABOUT INTRINSIC VALUE AND MARGIN OF SAFETY? HOW ARE THEY RELATED TO "LOW QUALITY STUFF"?
all the value investors and their intrinsic values and margin of safety all die in 2018 already.....MMC, plenty of intrinsic value and margin of safety, most of the property stocks large discounts to NTA, steel stocks very low PE, ...I don't think u or anyone purposely choose low quality shares.....but the more u talk about intrinsic value and margin of safety, the more likely your whole portfolio full of low quality stuffs. Its called options, choices and focus.
the only people still active, still healthy are those investors in quality, in long term growth, with great business sense and great management quality such as Vitrox, Penta, the ATEs and the EMSs, Serba and Dialog in OG, qL in consumers...one year already.....the market is chasing quality as it should....it is the market working.
aiyoyo.....I talk about it for one year already......and the market trend follows my suggestion.......
now talk also no use, all retail value investors die already...for your students and potential students....a bigger test yet.....
""""trade wars like boiling a frog.....there was a time, the intense trade war between US-China would have freaked out the market....but like boiling a frog, the market seems to have adjusted to it.....but boiling a frog is still boiling a frog and the frog still dies at the end, whether the frog jumps or not........I just feel the whole world is like boiling a frog experience.....and no confidence in American politics.""""""
Posted by qqq3 > Oct 8, 2018 09:43 PM | Report Abuse Sendai is very good to me...I am sitting on 15% profits, not selling yet until I come back from holidays. Pmetal and Serba.....any drop just buy la.....sure make money one if keep long enough....... not talking about horse before cannon but talking about the future.......
When you were actively promoting Sendai and Jaks a year ago when they were trading at RM1.30+ and RM1.50+, weren't you talking about the future then?
Posted by qqq3 > Oct 8, 2018 10:08 PM | Report Abuse Sendai and Jaks so happens to be two of my most profitable counters for 2017/2018........
Now I know why. All following your sailang and margin lost their life saving in Jaks and Sendai, and you were the one making from them by asking them to sailang and margin at very high prices and you dumped to them?
Posted by qqq3 > Oct 8, 2018 10:19 PM | Report Abuse I never did any thing dishonest....but also I cannot be expected to post I sold......
This was what you have done; asking everyone here to use margin finance to sailang Jaks and Sendai when they were trading at >RM1.50 and RM1.30 respectively. Those who followed your calls, which was made relentlessly for the last one year, and caused them to lose more than 80% with 50% margin.
Taleb says he makes money from Black Swan events.....KLSE don't have that kind of sophistication and instruments...I can only make money by selling higher than my cost......
Posted by qqq3 > Oct 8, 2018 11:35 PM | Report Abuse Taleb says he makes money from Black Swan events.....KLSE don't have that kind of sophistication and instruments...I can only make money by selling higher than my cost......
Well, it looks like you really don't know what you read, but just reciting it everywhere without knowing what the meaning conveyed.
Dear all, I miss stockmanmy, at least he was ambitious, he worship super-investor, promote margin finance, Sialang, X factors and make clear that he intend to win big (100-300%) and to drive a Roll Royce, own yacht and be as rich as KYY. He is arrogant, pretend himself as super-investor, big shot, bet big, calling people opposing his views stupid, idiot, coward and etc but with no result to show except PLP and thus incurred everyone wrath, red flagged by many and now laying low in i3.
This qqq3 equally arrogant, unprincipled, covetous using the dirtiest of the dirty means trying to smear Sifu OTB, KCChong and PLP KYY but after being exposed as only invest in thousand rather than in million, his ball shrink, forced to eat humble pie and admit that he is just a small trader trying to cari makan and curi ayam from KYY and OTB stock recommendation. Unashamedly he still act as though he is a very successful unconventional investment guru talk big, talk 3, talk 4, talk bad on FA, TA, value investing, talking cock, bull-shitting and called himself result oriented and promote his idea on investment timing/trading and flexibility. By now everyone can see that qqq3 is nothing but a pure parasite, PLP king and sucking up to the boss at the same time sucking blood from the boss/hosts (deceit others even his own master) just to make a quick few cents profit by timing his buying and selling (Flexibility theory). What a great idea to make an easy living? Hope CP Teh does pick up some flexibility theory from qqq3 and profited from it too.
kc...u did not read the book the properly if u missed the part that says the author specialise in buying put warrants....losing small amounts on a regular basis and making a killing when black swans strike........that is his 9 to 5 job......
Posted by qqq3 > Oct 9, 2018 01:57 PM | Report Abuse kc...u did not read the book the properly if u missed the part that says the author specialise in buying put warrants....losing small amounts on a regular basis and making a killing when black swans strike........that is his 9 to 5 job......
Nasim Taleb is a university professor teaching financial engineering, dynamic hedging and so on. He is not a trader of put warrants. He bought some put warrants for those stocks involving subprime bundled mortgages during those time, as a past time.
But he wrote about the above in his book, the "Black Swan", and not in the book "fooled by Randomness" which you recite frequently.
I was taking about you being fooled by your bloody own randomness making a few sens punting here and there in some stocks, purely by luck, and you thought you are bloody good. OMG!
This is the book "Fooled by randomness" we are talking about.
Nassim Nicholas Taleb is a Lebanese–American essayist, scholar, statistician, and former trader and risk analyst, whose work focuses on problems of randomness, probability, and uncertainty. Wikipedia...the book described his experience.........
jokes aside.....your methodology don't work, have not for at least a year.......one day, it may work again.....but your students no such patience.....in mean time, high risk of rotten eggs in your face.....got your insurance already or not?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kcchongnz
6,684 posts
Posted by kcchongnz > 2018-10-05 15:30 | Report Abuse
Posted by qqq3 > Oct 5, 2018 12:31 AM | Report Abuse
kc
what I don't like about your approach to stock market is you like to teach people to look for low quality but "cheap" stuffs.
I think most people are better served if they stick to good quality stuffs.
How do you look at Jaks and Sendai; these two stocks you have been asking people to sailang and margin.
Are they good quality stuff, and why?