Posted by qqq3 > 2019-01-21 14:43 | Report Abuse

Icon8888 > Jan 21, 2019 02:14 PM | Report Abuse

Wrong !!! Obsession with moat spawns and breeds Monster and mutants belief as in QL case
==========

But if Philip is somebody else...How to ride QL to multiple baggers?

Posted by qqq3 > 2019-01-21 14:49 | Report Abuse

by Icon8888 > Jan 21, 2019 02:41 PM | Report Abuse

Don't go all over the place. Focus on managing reinvestment risk
=========

yes, I know that is my weakness....I have been trying to address that...

but I am also naturally a big picture guy....Big picture got many things I don't like , principally the unpredictable Trump and his tantrums...

21 Jan to 28 Feb 2109 looks like a good period without Trump tantrums?

Posted by qqq3 > 2019-01-21 14:51 | Report Abuse

labeling myself as contrarian investing can help, I hope...gives me the anchor I needed.....

Posted by Icon8888 > 2019-01-21 14:53 | Report Abuse

I don't even want to discuss Philips and his QL

It is a riddle wrapped in a mystery inside an enigma

When something is so complicated and unfathomable, I don't even want to go near it

You guys can gather around that thread to argue, endorse or condemn, I don't even want to know the details or have anything to do with it

That is how I feel about Philips and his QL

Posted by qqq3 > 2019-01-21 14:56 | Report Abuse

Icon8888 > Jan 21, 2019 02:41 PM | Report Abuse

Don't go all over the place. Focus on managing reinvestment risk
============

Flight or fight?

FOMO...fear of missing out

People facing the computer screen the whole day that is what u get.....

Posted by qqq3 > 2019-01-21 14:56 | Report Abuse

KYY calls it ..faster running horse.....lol...

Posted by SarifahSelinder > 2019-01-21 15:01 | Report Abuse

I con nampak mcm something good may come out of blog u ni

Yg Sarifah can tell yg proven x bolih pakai is it is jz a lot of random tongue-flicking in, out and all around, with no rhyme or reason


So pls tell mcm mana nak norrow down initial investment candidates n reinvestment candidates?

Tinggi mana chances of success?

Berapa byk efforts kena put in?

Posted by Icon8888 > 2019-01-21 15:17 | Report Abuse

Banyak effort required

Read Everyday extensively

Posted by Icon8888 > 2019-01-21 15:17 | Report Abuse

Read until you find something

Posted by Icon8888 > 2019-01-21 15:17 | Report Abuse

The ideas will come

Posted by Icon8888 > 2019-01-21 15:18 | Report Abuse

And come very often

Posted by Icon8888 > 2019-01-21 15:19 | Report Abuse

Tak ngam tak beli

Posted by SarifahSelinder > 2019-01-21 15:22 | Report Abuse

Adoi susahnya bikin short cut Sarifah bagi email Sharifah to u plus 1% of gain

Posted by qqq3 > 2019-01-21 15:30 | Report Abuse

agreed, reinvestment risk is a key word for me...in my arsenal from now.

Posted by 3iii > 2019-01-21 15:33 |

Post removed.Why?

Posted by 3iii > 2019-01-21 15:38 | Report Abuse

It can be difficult for many to truly understand how Mr 1015 ìnvests so productively and the strength of his strategy.

Can you explain to a fish what it's like to walk on land?

Posted by SarifahSelinder > 2019-01-21 15:42 | Report Abuse

1015 investing fund tat he cannot lose fund for education anak dia

I con is investing his spare cash dan still young

So bolih faham klau cara x sama

Posted by Icon8888 > 2019-01-21 15:51 | Report Abuse

Everyday talks warren Buffett won't make you rich like warren Buffett

Posted by 3iii > 2019-01-21 15:51 | Report Abuse

In investing, you are not paid for activity but just for being right.

Posted by Icon8888 > 2019-01-21 15:56 | Report Abuse

Sell chicken sell eggs 50 times PER ? Just look at what happens to Pos Malaysia

Posted by Icon8888 > 2019-01-21 15:57 | Report Abuse

Nestle I can still accept 50 times PER

Posted by Icon8888 > 2019-01-21 15:57 | Report Abuse

Dutch Lady can accept

Posted by Icon8888 > 2019-01-21 15:58 | Report Abuse

QL a bit tough

But of course 3iii can accept

From the way he mimic Buffett you know he is not capable of independent thinking

Posted by 3iii > 2019-01-21 15:58 |

Post removed.Why?

Posted by Icon8888 > 2019-01-21 15:59 | Report Abuse

All cut and paste

Posted by Icon8888 > 2019-01-21 15:59 | Report Abuse

Plus a lot of self congratulations

Posted by LaoTzeAhSir > 2019-01-21 16:16 | Report Abuse

how about your failed pick Cresbld?

Posted by stockraider > 2019-01-21 16:23 | Report Abuse

SUMMARIZING THE WEAKNESSES & KEY TAKEAWAY OF 3iii & Mr Long ;

"People like 3iii & Mr Long are unsuitable to advise u on this loh, bcos this people like driving cars, can only drive the car forward, but they don know when to tell u to brake and do reverse gear ala "LARI KUAT KUAT WHEN THINGS DON TURN UP RIGHT" MAH...!!"



Based on Hengyuan situation what are the lessons we can learn from there leh ??

Lessons

Pls do not trust growth in EPS and low PE so much loh...!! Earnings can unexpected collapse very fast anytime loh...!!

The margin of safety based on Earnings and growth is very volatile like the case of Hengyuan PE 5x v Nestle 50x and Ql 50x, in addition Hengyuan growth 200% v Nestle & Ql growth less than 20%....u thought Hengyuan got very big fat margin of safety based on earnings and growth...but this type of margin of safety based on earnings can collapse and disappear very fast loh...!!

In fact this condition of collapse again confirmed by the recent collapse of padini and topglove, share price fall drastically recently bcos of earnings disappointment again mah...!!

So do not listen to conman 3iii asking u all to buy NESTLE Pe 50x or high growth stock at lofty valuation....anytime the earnings can collapse very fast without warnings like what happen to hengyuan, topglove and padini loh...!!

Thats the reason why Ben Graham in the intelligent investor book, do not give too much emphasis on investment based on margin of safety using earnings based on profitability and growth route, but he prefer to use margin of safety based on huge discount on tangible assets and huge cash liquidity of the company with the huge share price discount bcos this tenet is less volatile & tangible and esy to employ loh...!!

It is not that u cannot invest based on growth and earnings route, in fact raider would encourage u do it bcos it is highly profitable loh...anyhow if u invested in hengyuan earlier, u will had made a huge profit unseen for many years, but u must act smart & be prepare to lari kuat kuat loh...!!

People like 3iii & Mr Long are unsuitable to advise u on this loh, bcos this people like driving cars, can only drive the car forward, but they don know when to tell u to brake and do reverse gear ala "LARI KUAT KUAT WHEN THINGS DON TURN UP RIGHT" MAH...!!

Raider is right to advice u to lari kuat kuat on hengyuan...in fact everyone should learn how to lari kuat kuat ....when condition & environment does not look right mah...!!

Posted by qqq3 > 2019-01-21 16:29 | Report Abuse

Posted by Icon8888 > Jan 21, 2019 03:56 PM | Report Abuse

Sell chicken sell eggs 50 times PER ? Just look at what happens to Pos Malaysia
===========

I would not dare to short ql.....

u don't short an out-performer just because it is an out performer....

Posted by qqq3 > 2019-01-21 16:32 | Report Abuse

Posted by 3iii > Jan 21, 2019 03:58 PM | Report Abuse

A contrarian approach is just as foolish as a follow-the-crowd strategy.

Is a business or stock an intelligent purchase simply because it is unpopular?
=============

that is an unfair statement.......u have to read the whole stuff....

https://klse.i3investor.com/servlets/forum/905005174.jsp

Posted by Flintstones > 2019-01-21 16:41 | Report Abuse

Icon8888 has many failed picks over the years as far as I am concerned. But like all the self proclaimed sifus here, the losers always being swept under the carpet. When we quote it, they became ashame and start posting articles about their past winners.

Posted by 3iii > 2019-01-21 16:45 |

Post removed.Why?

Posted by SarifahSelinder > 2019-01-21 16:46 | Report Abuse

Klau put in byk byk effort read a lot a lot apa cara pun can make profit

Sarifah personally suka invest in anomaly

Posted by stockraider > 2019-01-21 16:47 | Report Abuse

(Icon) What Is Investing ?
Author: Icon8888 | Publish date: Sun, 20 Jan 2019, 02:42 PM

On 23 December 2015, I wrote that investing involves holding on to stocks for long term to enjoy compounded return, other stock market activities are at best "trading".

However, recently I have been reading extensively about Investment Gurus' works. One thing that shock me is that very few of them actually hold stocks forever. Contrarian investor John Neff sold his stock within months if they registered good return. Even Joel Greenblatt (KC Chong's favourite) also indulged in short term activities.

As long as can make money with proper consideration of risk, it is valid. No need to hold long, long term only to be considered legitimate.

I hereby declare :
"Investing should not be defined only as picking good stocks and holding forever to enjoy compounded return. Buying an overlooked stock to wait for market to rectify mispricing and hence provides opportunity to cash out, is also considered investing. Even if it happens within few months.

Short term activities should not be automatically frowned upon. Anything bought based on careful evaluation of value and proper reasoning, and in the event that things turn sour, can be held until recovery, is considered investing.

Holding period is totally irrelevant."

THIS IS EXACTLY WHAT BEN GRAHAM SAYS MAH..U BUY CHEAP WITH BIG MARGIN OF SAFETY AND HOLD ON TO TAKE ADVANTAGE OF MR MARKET MAH, WHEN THE SECURITIES RERATE AND GO UP TO THE REASONABLE FAIR VALUE AS MR MARKET BECAME OPTIMISTIC, U SELL MAH....!!

MR GRAHAM, HAVE NEVER ENCOURAGE TO HOLD ON FOREVER MAH...!!

Posted by qqq3 > 2019-01-21 16:47 | Report Abuse

Because of that, I officially announce the demise and irrelevance of your investment strategy. It is too austere, inflexible and unsuitable for Malaysia stocks (99.99% do not have moat)

Warren Buffett will die in Malaysia. His stuffs don’t work here. You better follow mine.
===============================================================

I can support that statement but if you are the 0.01% of the investors who can find the 0.01% of great companies and ride them for multiple baggers.....u still have the problem of re-investmennt risk.....and u still have no assurance of repeatablity.....


Malaysia is a small boat in a big ocean...where got moat one?...But every beginner wants to call himself a bufalo man.

If u are 3iii and Philip...U are the exceptions...What about the other 99.9%? Are they condemned to failure through no fault of their own?

Posted by SarifahSelinder > 2019-01-21 16:49 | Report Abuse

Invest in anomaly dpt anomaly profit besar

Posted by qqq3 > 2019-01-21 16:51 | Report Abuse

raid

old Ben lived and died in a different era....irrelevant for the discussions.

Posted by stockraider > 2019-01-21 16:52 |

Post removed.Why?

Posted by SarifahSelinder > 2019-01-21 16:57 | Report Abuse

Very quickly Sarifah realized tonto gusti more interesting thn staying around here yawn yawn yawn

Posted by qqq3 > 2019-01-21 17:08 | Report Abuse

raid,,u call yourself Bufalo student but got no Bufalo brain....got chance or not?

Posted by stockraider > 2019-01-21 17:12 | Report Abuse

YOUR NAVIETY AMAZES ME LOH...!!


Posted by stockraider > Jan 21, 2019 04:52 PM | Report Abuse X

U R TOO NAIVE & LOW STANDARD LOH....!!

IF LIKE WHAT U SAYS ONLY 0.01% OF THE CO IN KLSE ARE GREAT CO, THEN BURSA CAN CLOSE SHOP LOH...!!

WHAT A STUPID COMMENT LOH ???



Posted by qqq3 > Jan 21, 2019 05:08 PM | Report Abuse

raid,,u call yourself Bufalo student but got no Bufalo brain....got chance or not?

Posted by qqq3 > 2019-01-21 17:14 | Report Abuse

raid...go write to Wallen Bufalo, tell him to invest in Insas....see what he tell you?

Posted by stockraider > 2019-01-21 17:19 | Report Abuse

U R AN IDIOT LOH...!!

THE WAY U TALK REAL STUPID MAH...!!

Posted by qqq3 > Jan 21, 2019 05:14 PM | Report Abuse

raid...go write to Wallen Bufalo, tell him to invest in Insas....see what he tell you?

Posted by qqq3 > 2019-01-21 17:34 | Report Abuse

y rajachulan > Jan 21, 2019 05:11 PM | Report Abuse

Buffettology

1. Does the company have an identifiable durable competitive advantage?
2. Do you understand how the product works?
3. If the company in question does have a durable competitive advantage and you understand how it works, then what is the chance that it will become obsolete in the next twenty years?
4. Does the company allocate capital exclusively in the realm of its expertise?
5. What is the company's per share earnings history and growth rate?
6. Is the company consistently earning a high return on equity?
7. Does the company earn a high return on total capital?
8. Is the company conservatively financed?
9. Is the company actively buying back its shares?
10. Is the company free to raise prices with inflation?
11. Are large capital expenditures required to update plant and equipment?
12. Is the company's stock price suffering from a market panic, a business recession, or an individual calamity that is curable?
13. What is the initial rate of return on the investment and how does it compare to the return on U.S. treasury bonds?
14. What is the company's projected annual compounding return as an equity/bond?
15. What is the projected annual compounding return using the historical annual per share earnings growth?
====


I hope u cut and paste...because a lot of efforts there....

contrarian investing easier lah....more assurance of profitable trade......

serious.

Posted by 3iii > 2019-01-21 17:35 | Report Abuse

I am free to coffee shop chit chat for the next half hour, hopefully.

Regarding, Buffett's strategy doesn't work for Bursa. This is of course, not true. Perhaps, it doesn't work for those who do not understand it. That would be true.

Posted by qqq3 > 2019-01-21 17:43 | Report Abuse

3iii

Malaysia share market still can make money ....but not by the value here, value there types.

Posted by 3iii > 2019-01-21 17:43 |

Post removed.Why?

Posted by 10154899906070843 > 2019-01-21 17:44 | Report Abuse

Very interesting frame of thought. I like this icon8888 young man.

I think he shows brilliance in his thoughts and ideas, far more than the other guy Jon choivo. Maybe young men should alto later till 5am to get clear thoughts? Brain turns to much after 9pm.

I only have only one thing to comment, I believe there is a big misunderstanding between the sentence buy and hold, and buy and forget. Most people seem to think both are the same thing. I think that is insanity, every business has an up and down, nothing stays the same forever. Anyone who doesn't keep track of their investments is just asking for trouble.

My only difference is I prefer to use real, current, accurate quarterly reports to tell me what I should do, instead of the stock price action of emotional monsters like Stockraider.

Posted by stockraider > 2019-01-21 17:45 |

Post removed.Why?

Posted by 3iii > 2019-01-21 17:45 |

Post removed.Why?