Posted by stockraider > 2019-01-18 17:14 | Report Abuse

Your statement of similiar stock...!!

But this 3iii & Mr Long are parading the same old hag stocks mah...!!

Where the stock price is already fully reflected mah...!!


Posted by qqq3 > Jan 18, 2019 05:02 PM | Report Abuse

the point is not whether these are new or old stocks....

the point is to find a method to participate in "next batch of similar stocks with similar returns for next 3 years"!!!.....none of them are asset plays...all of them are good businesses...

Posted by 3iii > 2019-01-18 17:14 | Report Abuse

Margin of safety looks at both qualitative and quantitative factors.

Posted by qqq3 > 2019-01-18 17:40 | Report Abuse

Posted by 3iii > Jan 18, 2019 05:13 PM | Report Abuse

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?
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agrees

Posted by stockraider > 2019-01-18 17:45 | Report Abuse

but buying into insas at 0.67 and mnrb at rm 0.93...already proven very pretty todate mah.....!!

Posted by qqq3 > Jan 18, 2019 05:40 PM | Report Abuse

Posted by 3iii > Jan 18, 2019 05:13 PM | Report Abuse

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?
========

agrees

Posted by qqq3 > 2019-01-18 17:56 | Report Abuse

by stockraider > Jan 18, 2019 05:14 PM | Report Abuse

Where the stock price is already fully reflected mah...!!

=====

fully reflected or not is the least reliable, ..of course amateurs and novices got nothing to fall back on except their audited NTA.....

Posted by stockraider > 2019-01-18 17:59 | Report Abuse

The beauty of Insas....!!

1.CASH IS THE KING- IF U BELIEVE....THEN U MUST BELIEVE IN INSAS HATHWAY A TRULY WARREN BUFFET STOCK LOH...!!

2. SUP SUP SUI INSAS GENERATE SUSTAINABLE PE ABOUT 6X BEATING AEONCR WITH PE 12X BY A MILE.

3, INSAS PAYS 2 SEN DIV...THIS DIV YIELD EVEN BEAT NESTLE N QL DIV YIELD BY A MILE LOH...!! U NEED TO UNDERSTAND WHY NESTLE & QL CANNOT EVEN PAY DECENT DIV COMPARE TO INSAS LEH ?? THIS IS BCOS THESE SO CALLED GROWTH STOCKS WITH PE ABOVE 50, CANNOT GENERATE GOOD CASHFLOW, THEIR PROFITS ARE STUCKED IN EQUIPMENT, DEBTORS AND INVENTORY WITH SUBJECT TO IMPAIRMENT, WHEREAS INSAS MAKE ITS MONEY IN CASH N JUST SUP SUP SUI LOH.....!

Posted by Alex™ > 2019-01-18 17:59 | Report Abuse

My boss add me workload... Sian..

Posted by Alex™ > 2019-01-18 18:00 | Report Abuse

John bogle game ball d.

Posted by Alex™ > 2019-01-18 18:01 | Report Abuse

So.. Which stock can buy? Got buy call?

Posted by lazycat > 2019-01-18 18:04 | Report Abuse

insas is thong kok khee personal piggy bank , ql is overvalued and bound to price correction

both also not worth to buy at current price , anyone with some common sense would buy Airasia and lctitan now for low risk + maximum profit return in year 2019

Posted by qqq3 > 2019-01-18 18:07 | Report Abuse

lctitan sure or not? PChem also can down grade.....

Posted by qqq3 > 2019-01-18 18:08 | Report Abuse

insas is thong kok khee personal piggy bank , ql I dare not touch

buy Vitrox.

Posted by stockraider > 2019-01-18 18:09 | Report Abuse

8/01/2019 12:24

calvintaneng Good news

Bank interest rates going up is good for Cash Rich Insas

It will be bad for companies with high borrowings.

Posted by lazycat > 2019-01-18 18:09 | Report Abuse

low oil price meant for pchem is lower products selling prices ,
but for lctitan is lower costs

lctitan report going out this month, lets see!

Posted by qqq3 > 2019-01-18 18:11 | Report Abuse

really meh...I thought PChem and LC almost same thing....

Posted by qqq3 > 2019-01-18 18:11 | Report Abuse

same value chain.

Posted by qqq3 > 2019-01-18 18:12 | Report Abuse

how can one be healthy when the other is sick?

Posted by lazycat > 2019-01-18 18:26 | Report Abuse

due to 2018 general election , most money went into so called '' safe defensive + surely but slow growth'' stocks like topglove , harta, nestle f&n , ql , hence push up these stocks price to PE above 35 to 50 , topglove harta currently having price correction , is it over yet? nobody know , 1 thing for sure , correction is coming for nestle , f&n , ql ( i could be wrong lol )

Posted by 3iii > 2019-01-18 18:29 | Report Abuse

Make sure you have the cash and courage to add more when your predicted correction comes true.

Do you not notice that stock prices do fluctuate a lot even in a 52 week period - up 50% and down its equivalent 1/3? Hopefully, you have a good strategy in place to benefit from this market price fluctuation (Mr. Market).

Posted by 3iii > 2019-01-18 18:38 | Report Abuse

Finally:


MARKET FLUCTUATIONS OF INVESTOR'S PORTFOLIO
Note carefully what Graham is saying here.

It is not just possible, but probable, that most of the stocks you own will gain at least 50% from their lowest price and lose at least 33% ("equivalent one-third") from their highest price -regardless of which stocks you own or whether the market as a whole goes up or down.

If you can't live with that - or you think your portfolio is somehow magically exempt from it - then you are not yet entitled to call yourself an investor.




BENJAMIN GRAHAM'S 113 WISE WORDS
The true investor scarcely ever is forced to sell his shares, and at all times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more. Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons' mistakes of judgement."

Posted by stockraider > 2019-01-18 18:48 | Report Abuse

This Ben Graham wise comment below is applicable to margin of safety stock like insas share price rm 0.70 with Nta rm 2.54 and nett cash Rm 0.70 per share with PE less than 10x and with decent div yield of about 3% pa loh..!!

Not applicable to overvalue stock like QL and Nestle, if u encounter big selloff on this type of counter u better cut n lari kuat kuat loh...bcos no margin of safety mah with Pe 50x, dividend yield of o.5% to 2.0% pa loh.....!!


Posted by 3iii > Jan 18, 2019 06:38 PM | Report Abuse

Finally:

MARKET FLUCTUATIONS OF INVESTOR'S PORTFOLIO
Note carefully what Graham is saying here.

It is not just possible, but probable, that most of the stocks you own will gain at least 50% from their lowest price and lose at least 33% ("equivalent one-third") from their highest price -regardless of which stocks you own or whether the market as a whole goes up or down.

If you can't live with that - or you think your portfolio is somehow magically exempt from it - then you are not yet entitled to call yourself an investor.

BENJAMIN GRAHAM'S 113 WISE WORDS
The true investor scarcely ever is forced to sell his shares, and at all times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more. Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons' mistakes of judgement."

Posted by qqq3 > 2019-01-18 18:50 | Report Abuse

truth be told, I never see shares like LCTITAN as investment shares like QL and Nestle...shares like LC is and always a trading share...a good trading share because it follows logics....

Posted by lazycat > 2019-01-18 19:10 | Report Abuse

well, what stocks would you recommend as low risk + high return for this year?

Posted by 3iii > 2019-01-18 20:04 |

Post removed.Why?

Posted by stockraider > 2019-01-18 20:19 | Report Abuse

U ask yourself what type of earning power ??
When Nestle earnings yield is less than 2% pa based on PE above 50%...even u put monies in fixed deposits u get an earning power of 4% pa mah....!!

If u buy insas got earning power as Pe less than 10x...earning yield already exceed 10% pa mah...!!

Margin of Safety for those who are invested in Nestle, DLady, PBB, Petdag and HEIM, as explained and taught by Benjamin Graham, the father of value investing.
:thumbsup: :thumbsup:

In the ordinary common stock, bought for investment under normal conditions, the margin of safety lies in an expected earning power considerably above the going rate for bonds.

Over a ten-year period the typical excess of stock earning power over bond interest may aggregate 50% of the price paid.

This figure is sufficient to provide a very real margin of safety— which, under favorable conditions, will prevent or minimize a loss.

Posted by stockraider > 2019-01-18 20:31 | Report Abuse

U need understand what is real earning power loh...!!

Insas ROE only 4% pa....but based on rm 2.54 u generating eps of Rm 0.10 pa loh....!!

so if u buy insas at rm 0.70 u r getting yield of 14% pa....this is what we call earning power loh...!!

Posted by stockraider > 2019-01-18 20:49 | Report Abuse

Nestle ROE very terror 120% pa with NTA of Rm 3.00 it generate earnings of Rm 3.60....but u need to buy nestle for Rm 140.00...so ur earnings yield is less than 2.6 % pa loh...!!

Now u compare nestle 2.6% pa v insas 14% pa, u ask who got more earnings power leh ??
Of course Insas mah...14& pa warnings yield even kindy student understand 14% pa is more than 2.6% pa mah..!

But growth proponent may argue, nestle have growth woh ??

Raider ask very logical question loh...how much growth & for how long nestle need to grow from 2.6% pa to catch up with insas yield of 14% pa even, if u assume insas has no growth at all loh...!!

The answer is very long and very uncertain when nestle can catch up mah...!!

An english old saying a bird in hand is better than 2 in the bush mah...!!
Insas yield is already there with 14%pa...now u want to speculate nestle yield 2.6% pa can catch up, but when leh ??

Thus insas has definitely has higher margin of safety than nestle loh..!!

Posted by lazycat > 2019-01-18 21:04 | Report Abuse

mr loh..!!

the fact that insas is thong kok khee personal piggy bank meant margin of safety is completely meaningless loh..!!

u understand mah...?

Posted by stockraider > 2019-01-18 21:09 | Report Abuse

That is a separate issue under psychological investment aspect of share loh...!!
If u read sslee comment carefully, he has already dealt and risk manage this aspect u have highlighted mah...!!

Posted by lazycat > Jan 18, 2019 09:04 PM | Report Abuse

mr loh..!!

the fact that insas is thong kok khee personal piggy bank meant margin of safety is completely meaningless loh..!!

u understand mah...?

Posted by calvintaneng > 2019-01-18 21:11 | Report Abuse

Whoa Sifu Stockraider telling 2 Dinosaurs, One Quack duck, one lazycat and one smart alex

AhFah sure clever street smart!!

Posted by KLCI Going Heaven > 2019-01-18 22:01 | Report Abuse

all these uncle comment so long, can read whole day also can't finish haih

Posted by qqq3 > 2019-01-18 22:26 | Report Abuse

cal and raid...Insas is a stock for novices..fact.......everyday shout for what? can go up meh?

Posted by lazycat > 2019-01-18 22:32 | Report Abuse

mr qqq3 , what stocks would you recommend to buy as a low risk + high return investment for this year?

Posted by qqq3 > 2019-01-18 22:47 | Report Abuse

in my dictionary where got low risk high return one?

Posted by qqq3 > 2019-01-18 22:47 | Report Abuse

risk and return is what one makes of it....stocks by itself is risk is related to return....

Posted by qqq3 > 2019-01-18 22:51 | Report Abuse

qL is a low risk high return share for philip because he knows how to handle it and already so much unrealized profits....

Posted by qqq3 > 2019-01-18 22:54 | Report Abuse

risk and return is inherent in the share, any share...high risk high return....low risk low return...u wouldn't know it flips left or right until the future has come ....risk and return is what one makes of it....

just because a share goes up after purchase, it does not mean it is a high return low risk share......

Posted by qqq3 > 2019-01-18 22:57 | Report Abuse

lazycat > Jan 18, 2019 10:32 PM | Report Abuse

mr qqq3 , what stocks would you recommend to buy as a low risk + high return investment for this year?

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however if u are talking about share with growth characteristics that i like , I can give u ...Vitrox.....

Posted by lazycat > 2019-01-18 22:58 | Report Abuse

what stocks you considered as a low risk yet high return for year 2019?
would you like to share your stock picks?

Posted by qqq3 > 2019-01-18 23:04 | Report Abuse

azycat > Jan 18, 2019 10:58 PM | Report Abuse

what stocks you considered as a low risk yet high return for year 2019?
=========

I thought I have answer u above....

Posted by qqq3 > 2019-01-18 23:05 | Report Abuse

first, I am a high frequency trader.....today I just bought Armada....

Posted by qqq3 > 2019-01-18 23:07 | Report Abuse

I can talk about it...but I am not naturally a buy and hold guy......I just don't have the temperament for it....but I respect and I like people who do....

Posted by qqq3 > 2019-01-18 23:09 | Report Abuse

for 2019....I am naturally bearish..as I was naturally bearish for whole for 2018....

I wrote this...

https://klse.i3investor.com/blogs/qqq3/188428.jsp

I seems time to trade now...so I trade la.......

Posted by qqq3 > 2019-01-18 23:10 | Report Abuse

I think Jaks is a good bet for 2019....

Posted by lazycat > 2019-01-18 23:16 | Report Abuse

why u choose vitrox over penta?

Posted by qqq3 > 2019-01-19 00:48 | Report Abuse

read the vitrox report, I challenge anyone who is not impressed.

Penta? Penta is another level lower. Analysts are right when analyst don't like their listing of subsidiary in HK.

Posted by qqq3 > 2019-01-19 01:17 | Report Abuse

I can't even understand how Penta can compete against Vitrox

Posted by lazycat > 2019-01-19 01:25 | Report Abuse

link of the vitrox report please

Posted by qqq3 > 2019-01-19 01:33 | Report Abuse

annual report I mean.

Posted by Haw Liao > 2019-01-19 11:46 | Report Abuse

thats why u need 4 wifes to have an edge...