Posted by ks55 > 2018-11-22 18:26 | Report Abuse

ks55 Stock: [JAKS]: JAKS RESOURCES BHD

Nov 12, 2018 03:35 PM | Report Abuse

Jaks supporters all bankrupt already?
Still believe super speculator to help you grow rich?

What I can remember is Jaks is 'expert' in power generation.
What I can remember is Jaks having multi billion building contract in hand that failed to deliver.

All these remind me Linear went burst after it reported to Bursa it had received offer worth 1 billion ringgit in Dinding Cooling Tower project which never materialize, and many still believe what has been announced to Bursa is gospel truth.

Auditors report may not be credible just like Xingquan.
Auditors report may close one eye to creative accounting like in LICB.
Auditors report may raise red flags to the accounts but still not prepare to give qualified accounting report like Parkson.

What else I can say?
Don't trust any advice from half past six IB recommendation.
Don't believe in super investor's word.
Don't take in total so-called professionals in the field they claim they know the best.

Many only see tree instead of forest.
Many only see assets not liabilities.
Many only see big building without knowing things are already rotten inside.
Many only see company's turnover getting bigger and bigger but never realize profit become smaller and smaller.

What you need to do?
1. Know fundamentals of your company
2. Know your Directors
3. Know company's prospect and vision
4. Know quality of company's management, it reflects company's work ethics

Posted by qqq3 > 2018-11-22 18:32 | Report Abuse

ks

told u many times already...Don't trust your intrinsic values...trust your observations better.....

Posted by ks55 > 2018-11-22 18:32 | Report Abuse

You trust Fred Tham's TAVA?
You trust Japanese Candle Sticks?
You trust KYY?
OR you trust your cow sense?

Posted by ks55 > 2018-11-22 18:34 | Report Abuse

Yes.
I did not make from Sendai
Yes. I did not make from Jaks

What does it means?
Many dead heroes lined the highway in Desert Storm, NOT ME.......

Posted by qqq3 > 2018-11-22 18:35 | Report Abuse

ks....u asking me?

I trust my observations.....that is the only thing I have .....its my business sense vs the rest of the world.....

Posted by qqq3 > 2018-11-22 18:37 | Report Abuse

to all value investors.....

http://blairbellecurve.com/we-only-see-a-version-of-the-truth/

Posted by ks55 > 2018-11-22 18:42 | Report Abuse

I don't know how good are you actually.
But I know for your age, you still have to depend on OPM to trade in the market.

You should have been enjoying your golden years by now, and not to worry whether Down Jones down by 1000 points or not.

買股是為了增加生活情趣, 不是終日提心吊胆

Posted by qqq3 > 2018-11-22 18:44 | Report Abuse

ks...don't worry....I would not be begging or borrowing from anyone here.....

In fact it just suits me if people don't rely on me too much...I don't like the pressure that comes with it.....

Posted by ks55 > 2018-11-22 18:56 | Report Abuse

迷路老羊

Posted by qqq3 > 2018-11-22 19:18 | Report Abuse

ks...I prefer people who can think....use their brain, u know....not just quote here quote there......

Posted by Jon Choivo > 2018-11-22 20:15 | Report Abuse

ks55,

Could you please email me at meatboneteafriend@gmail.com?

I've always liked how you consider and process things and would like to learn from you and your experience.

Allow me to buy you a quick cup of coffee.

Posted by qqq3 > 2018-11-22 23:44 | Report Abuse

kc

quote here quote there cannot make money one.

to make money u actually got to buy a share......

Posted by Jon Choivo > 2018-11-22 23:49 | Report Abuse

Correction: "When I quote here quote there, cannot make money one".

Note the "I". KC have proven over so many years that he makes money. But you choose to ignore it.

You on the other hand.

Have something like a turkey before Christmas syndrome.



=====
Posted by qqq3 > Nov 22, 2018 11:44 PM | Report Abuse

kc

quote here quote there cannot make money one.

to make money u actually got to buy a share......

Posted by qqq3 > 2018-11-23 00:03 | Report Abuse

choivo....KC has run away from mentioning a single share for years already......don't believe me? go ask him.....

Posted by Sslee > 2018-11-23 08:50 | Report Abuse

Dear qqq3,
I refer to your old blog:
https://klse.i3investor.com/blogs/stockman/128357.jsp
3 ingredients to be hugely successful
- able to sailang and go for the kill (in the words of Value Cap)
- can keep the winners
- a blessed life
May I ask?
1. Cheoky comment: My guess is you never got balls to sailang in stock market before OR your sailang with mistake is due soon. By age 84, with above as your guiding principles, I can guarantee you are the at Jalan Padu wearing tore shirt shouting sailang Sendai, sailang jaks, sailing Manny to nothing.
2. Have you able to keep any of your winners? My advice do not forget to sell at the peak. qqq3 > Oct 29, 2018 10:08 PM | Report Abuse i still have my $12 kesm.......still waiting for the bounce....
3. A blessed life??? Aside from talk 3, talk 4, talk east, talk west and talk cock in i3 do you really have a life outside the i3?
Thank you

PS: Stanleyong comment:
This is a very dangerous and irresponsible piece of 'sailang' writing. It will get more investors in trouble and benefit a few manipulators. My advise to newbies and serious investors, always remember the stock market is a jungle where nobody pities you if you are greedy , naive and stupid to follow the wrong so called 'conman gurus' and lose your pants.
23/07/2017 21:00

Cheoky comment: Firstly, we are human, not machine. Making mistake n having blind spot is inherently humane. My guess is you never got balls to sailang in stock market before OR your sailang with mistake is due soon. By age 84, with above as your guiding principles, I can guarantee you are the at Jalan Padu wearing tore shirt shouting sailang Sendai, sailang jaks, sailing Manny to nothing. I guarantee. Don't contrarian for the sake of just contrarian. Use margin of safety as guiding principle old man.

Apolloang comment: remember using bank margins, when the weather is good the bank will lend u an umbrella,when it is raining the bank will ask for the umbrella back.if banks can lend me unlimited funds without recalling me to top up when market is bad, I also can sailing whatever I can buy,just like many big shots in 1997. contra win is personal pocket,contra loss let bank force sell and owe bank and no need to pay
23/07/2017 21:48

Kcchongnz comment: Power up your knowledge
Take calculated risk
Dare to take decision
SAILANG stock with real power up
Manny,
What knowledge do you have? Panic moment? seX factor? Dynamite investing? Sialang? Can elaborate ah?
How you "Power up" these Panic moment, seX factor, Dynamite, Sialnag? Can elaborate ah?
Calculated risk? What risks you are referring to?How you calculate your risk?
Dare to take decision? How you arrive at a 'decision"?
Sailang? You know those following you sailang in Jaks at RM1.70+ and Sendai at RM1.30+ have already got margin calls and lost their pants because of your hype?
You call that "Real power up" ah?

rchi comment: Me sailang regularly,but i hv more than 25 yrs experience in bursa. my return to date for 2017 is in the hundreds of %. but i never once encourage any newbies aka young ppl to sailang, instead i encourage them to learn n learn to gather experience.
Me think this article by manmy is highly inappropriate for newbies. DO NOT follow manmy,you will be ruined.

Posted by qqq3 > 2018-11-23 08:54 | Report Abuse

ss

thanks...very important, still relevant....


3 ingredients to be hugely successful
- able to sailang and go for the kill (in the words of Value Cap)
- can keep the winners
- a blessed life

Posted by qqq3 > 2018-11-23 09:11 | Report Abuse

y ks55 > Nov 22, 2018 05:47 PM | Report Abuse

Just need to calculate intrinsic value.
Share price oscillates along that line.
Above is over price.
Below is under price.
==============

only in your dream world....first, the world is not static, never static.

and when it oscillates to the bottom, u will be faced with fear of the unknowns...and when it oscillates to the top, u will be faced with fear of missing out......

intrinsic value? what has intrinsic value got to do with minority shareholders? what is it anyway?

Posted by speakup > 2018-11-23 09:13 | Report Abuse

https://sg.news.yahoo.com/perak-dap-adviser-ngeh-most-151440939.html
speakup regret donated a lot to PH in last GE. Didn't know all PH leaders soooo filthy rich! Why they ask rakyat for money when their leaders already sooooo filthy rich?

Posted by qqq3 > 2018-11-23 09:21 | Report Abuse

speak...not all....

Posted by Jonathan Keung > 2018-11-23 09:27 | Report Abuse

value investment ( long time ) investing has change over years. market has changed. buy and hold no longer applies. you can hold the stock for 5 -6 years ( but the price may never move or worst slide ) just my personal view

Posted by qqq3 > 2018-11-23 09:29 | Report Abuse

y Jonathan Keung > Nov 23, 2018 09:27 AM | Report Abuse

value investment ( long time ) investing has change over years. market has changed. buy and hold no longer applies. you can hold the stock for 5 -6 years ( but the price may never move or worst slide ) just my personal view
==============

this is more matured......but too many nuances will not be popular with cari makam quotes.

Posted by qqq3 > 2018-11-23 10:25 | Report Abuse

no such thing as intrinsic value for minority shareholders....

sure, at any time, there is such a thing as relative valuations......

that is why nothing beats a broad scan, the big picture, relative trends and group dynamics.......

Posted by qqq3 > 2018-11-23 10:45 | Report Abuse

ss

so what is your problem?

don't want to pay the price in risk, want to make money?

where got like that one?

Posted by GrahamNewman > 2018-11-23 11:04 | Report Abuse

I think the hurdle that many value investor faced is the psychological factor that caught most offguard. But once you have established that the company you haven chosen has very good prospects and selling at a very attractive price, you just have to wait. I think most people here in BURSA expect to make money instantly, but it does not work that way. Buffett bought The Washington Post in 1970s for what he thinks is a 400M company at 100M, after 1.5 years, the stock continue to drop another 50%. I think at this point most people would comment that he got trapped and value investing don't work. I mean 1.5 years is not a short period to wait and to see a 50% drop in value of your portfolio will make you even more impatient. But shortly after that drop of 50%, the stock went up more than 10x the value he bought. Buffett once said in his annual meeting that the valuation method is not that important as the attitude you have towards the stock market. I still think it is relevant today.

Posted by qqq3 > 2018-11-23 11:29 | Report Abuse

d by GrahamNewman > Nov 23, 2018 11:04 AM | Report Abuse

after 1.5 years

========


lol.....

Posted by qqq3 > 2018-11-23 11:30 | Report Abuse

graham...go tell kc...after 1.5 weeks his students throw rock at him already.....better stop teaching....

Posted by qqq3 > 2018-11-23 11:32 | Report Abuse

by qqq3 > Nov 23, 2018 11:29 AM | Report Abuse X

d by GrahamNewman > Nov 23, 2018 11:04 AM | Report Abuse

after 1.5 years
=======


no different that a fengshui master.....

Posted by qqq3 > 2018-11-23 11:46 | Report Abuse

GrahamNewman > Nov 23, 2018 11:04 AM | Report Abuse

t The Washington Post in 1970s

========

people using typewriters then....

Posted by qqq3 > 2018-11-23 11:50 | Report Abuse

similar to French Generals fighting the last war in 1940.....

Posted by tecpower > 2018-11-23 21:14 | Report Abuse

Kesm:

A Net profit margin of 3.2% is not worth business because you can get a higher interest rate when you deposit money in a Malaysian bank in a fixed duration. 3.2% is a multi-year low. Don't expect its net profit margin will stay so low. It will double or triple easily. If a net profit margin stays so low, the management should get replaced

Posted by tecpower > 2018-11-23 21:18 | Report Abuse

Analysts'TPs are based on the unrealistic net profit margin. But it will go up easily. I don't believe any analysts. They told us that in the beginning of 2018, Kesm was a good buy and now lowered its TPs beased on the unrealistic net profit margin. They are jokes!
I believe a net profit margin of 7-9% will be realistic in the near future. Then, its TP will be much higher.

Posted by qqq3 > 2018-11-23 21:51 | Report Abuse

target prices, intrinsic values same same....they serve to mislead u......better is look at the business and have the business sense....to buy or sell.

Posted by tecpower > 2018-11-23 23:49 | Report Abuse

I have seen some net profit jumps in Kesm.
FY2009: 448K-> 5,756K
FY2013: 47K-> 4,128K
FY2014: 1,360K->6.679K
FY2015: 1,732K->10,451K

Usually a very low net profit margin was followed by a very high profit margin.
You should expect a much higher net profit margin and net profit after a very low net profit margin was observed.

Posted by qqq3 > 2018-11-24 00:57 | Report Abuse

tec..fair points....well, I sold at $ 12.40....I will choose my entry for another round......