Posted by qqq3 > 2019-01-21 23:47 | Report Abuse

and the most important determinant of the ticket price is reputation.....and next, a good story to tell.

Posted by qqq3 > 2019-01-21 23:52 | Report Abuse

sslee is in the process of repairing his dented reputation

Posted by 10154899906070843 > 2019-01-21 23:57 | Report Abuse

some examples, previous annual report

RCECAP uses 519 million equity to generate 88 million, ROE of 16.95%
PBB uses 37 billion to geneerate 5.4 billion of profit, ROE of 14.59%
HL bank uses 24 billion to generate 2.6 billion of profit, ROE of 10.83%

In this case you may believe that RCECAP is the stock to buy, until you think about economies of scale, performance on large asset base and the quality of the asset (fuel quality), then you realize the reason why PBB is still the best performer overall.

Simply ask yourself this, if RCECAP increased its loan base to 37 billion and lend it to all the poor people in government office, do you think their roe will still be high? Or will they die to NPL.

As it is, ROE is a strong indicator of business performance, but obviously cannot stand alone. Use your business sense wisely.

Posted by qqq3 > 2019-01-21 23:58 | Report Abuse

remember i3 2016...

every young graduate come here to promote their own stocks....value here, value there....cash in bank, PE , NTA, Balance Sheet dissected....where are they today?


all die already la.....

end 2018/2019 is sslee turn

Posted by qqq3 > 2019-01-22 00:10 | Report Abuse

Banks, Businesses Brace For Far-Reaching Accounting Standard Changes
ByPYMNTSPosted on October 9, 2018

I would not touch banks just yet.

Posted by Bruce88 > 2019-01-22 07:53 | Report Abuse

Sure lah newbie like to show off..

Posted by stockraider > 2019-01-22 10:31 | Report Abuse

U need understand this loh....!!

1. ROE is a powerful inward looking tools for looking at the quality of investment, but it does not help u to determine whether it is good buy even the roe is high mah...!!

2. Good buy is determine by the reasonable PE or and with earnings growth mah....!!

A good example Nestle has a superb ROE of more than 100% but the company cannot n unable to find good investment to support high ROE returns as a result it pays high dividend loh...!! But bcos of its share price of exceed Rm 140.00 investing in it give u an earning yield of PE 50x or less than 2.6% pa, but yes there is some growth about 10% pa...including this growth will give u less than 5% pa loh..!! Unless u r a fixed deposits holder looking to punt a bit then Nestle may consider investable loh....!!

On the other hand insas The ROE is only 4% pa but bcos its high shareholder fund of Rm 2.54, it generate an eps of rm 0.10, giving an earning yield of 14% pa or pe 6.5x loh basing on share price rm 0.72 loh...!!
This insas is a credible long term margin of safety investment loh..!!

Posted by 10154899906070843 > 2019-01-22 17:07 | Report Abuse

you prefer paper financials or real stock profits?
NESTLE ROE 100%, share price 2009-2019 from RM27 to RM147
QL ROE 11.8%, share price 2009 -2019 from 0.6 to 6.9 (post splits)
INSAS ROE 5.6%, share price 2009 - 2019 from 0.29 to 0.72

I dont care about your paper accounting, or you selling at the top and buying at the low, because we both know it is not possible to time the market.

You can keep your margin of safety and your calculations and your paper value. I want to know real cash values, real business performance, capability of a good management.

Buy and hold is not buy and forget. just because I dont panic sell like you and panic buy when finger itchy doesnt mean I dont know your paper logic.

Its like you telling me hengyuan is a good buy when you bought it at 10, sell at 15, then panic buy at 18, then hold with your paper losses until today. I just choose not to buy speculative companies.

Funny investing.

Posted by stockraider > 2019-01-22 17:16 | Report Abuse

What is the diff ?? Profit is profit mah ??

Just like u ask diff of profit earn from manufacturing as an engineer v profit earn for doctor service ?....they are both profit mah...!!

Posted by 10154899906070843 > Jan 22, 2019 05:07 PM | Report Abuse

you prefer paper financials or real stock profits?
NESTLE ROE 100%, share price 2009-2019 from RM27 to RM147
QL ROE 11.8%, share price 2009 -2019 from 0.6 to 6.9 (post splits)
INSAS ROE 5.6%, share price 2009 - 2019 from 0.29 to 0.72

I dont care about your paper accounting, or you selling at the top and buying at the low, because we both know it is not possible to time the market.

You can keep your margin of safety and your calculations and your paper value. I want to know real cash values, real business performance, capability of a good management.

Buy and hold is not buy and forget. just because I dont panic sell like you and panic buy when finger itchy doesnt mean I dont know your paper logic.

BTW
Its like you telling me hengyuan is a good buy when you bought it at 10, sell at 15, then panic buy at 18, then hold with your paper losses until today. I just choose not to buy speculative companies.

BTW WHAT HAPPEN TO HENGYUAN COULD HAPPEN TO UR QL TOO, IT ALREADY HAPPEN TO YOUR TOPGLOVE ALREADY WITH SUDDEN FALL IN SHARE PRICE MAH...!!

INSAS IS NOT A SPECULATIVE STOCK, IT HAS HUGE NETT CASH HOLDING & HUGE DISCOUNT TOO ITS CURRENT SHARE PRICE MAH...!!

U CAN SLEEP WELL INVESTING ON INSAS, BCOS OF ITS UNDERVALUATION & GIVE DECENT DIVIDEND YIELD MAH...!!

Posted by 10154899906070843 > 2019-01-22 19:09 | Report Abuse

whats the difference? if you sell the stock what do you get? dividend and share sales gains.

if you sell insas shares? you get nothing from your so called "profit".

Posted by stockraider > 2019-01-22 19:51 | Report Abuse

U understand what insas give better than Ql share leh ??

1, Dividend ...the lifeblood of investment...insas give 3% pa yield but Ql only give tiny less than 1% yield mah...!!
This is what the tangible thing that insas is much more superior than ur Ql loh.....!!

2. btw after u sell insas or ql share...the scenario u get, either profit or loss...does this show owning insas n ql, u get the same consequence leh ??
Pls don make a big deal owning QL compare to owning insas loh...!!


Posted by 10154899906070843 > Jan 22, 2019 07:09 PM | Report Abuse

whats the difference? if you sell the stock what do you get? dividend and share sales gains.

if you sell insas shares? you get nothing from your so called "profit".

Posted by 10154899906070843 > 2019-01-22 21:51 | Report Abuse

you can definitely keep you 3% dividend, while your stock price keep dropping. Its definitely a good deal I guess. I prefer long term stock price performance.

To each his own.

Posted by stockraider > 2019-01-22 22:02 | Report Abuse

U r over zealous loh....!!
Can u point to me how u derive insas share price is dropping leh ??
In fact based on latest reading insas is still ahead of QL mah...!!

U can prefer anything long term performance loh...!!
But the fact is right now ur QL lagging mah...!!

Talk no use mah....!!
If Ql is not performing pls don talk is if u r a champion loh...!!

Posted by 10154899906070843 > Jan 22, 2019 09:51 PM | Report Abuse

you can definitely keep you 3% dividend, while your stock price keep dropping. Its definitely a good deal I guess. I prefer long term stock price performance.

To each his own.

Posted by 3iii > 2019-01-22 22:40 | Report Abuse

>>>10154899906070843 you prefer paper financials or real stock profits?
NESTLE ROE 100%, share price 2009-2019 from RM27 to RM147
QL ROE 11.8%, share price 2009 -2019 from 0.6 to 6.9 (post splits)
INSAS ROE 5.6%, share price 2009 - 2019 from 0.29 to 0.72

I dont care about your paper accounting, or you selling at the top and buying at the low, because we both know it is not possible to time the market.

You can keep your margin of safety and your calculations and your paper value. I want to know real cash values, real business performance, capability of a good management.

Buy and hold is not buy and forget. just because I dont panic sell like you and panic buy when finger itchy doesnt mean I dont know your paper logic.

Its like you telling me hengyuan is a good buy when you bought it at 10, sell at 15, then panic buy at 18, then hold with your paper losses until today. I just choose not to buy speculative companies.

Funny investing.
22/01/2019 17:07>>>


Mr 1015 I believe you when you shared you have been holding QL for many years.

Of course, I have Nestle for many years too.

I cannot even tell if raider has Insas or if he has, he has held this since 2009. Given his activity in the market of jumping in and jumping out of stocks (Hengyuan is a case in point), how are you going to have even a meaningful discussion with him?

Honesty is a very expensive gift. Don't expect this from cheap people.

Posted by stockraider > 2019-01-22 22:50 | Report Abuse

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

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...!!

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 10154899906070843 > 2019-01-23 01:12 | Report Abuse

Ok, can I lari kuat kuat from you? You are pretty toxic keep polluting every thread with your repetitive INSAS ideas. Best is if you move to INSAS thread and post everyday. I surrender, can't beat your long term investment strategy of 2 weeks say insas performance better than QL. Can you stop drowning everyone else with your spam and capslock. I get it, you are master of margin of safety. You have made millions doing your strategy.

Can we move on? I'm tired of listening to old broken record.

Posted by stockraider > 2019-01-23 10:58 | Report Abuse

Thats fine with me to have truce loh...!!

Just a correction...the fire started 1st by u by belittling value investment & insas the value investment proxy mah...!!

I don mind u continue emphasis ur growth investment, thats is your core competence mah, but instead u rundown on other people value investment system mah...which raider think is false bcos u have lacked of understanding on this area loh..!!

Raider don want u to mislead practioner of value investment as a rubbish system bcos the mechanism of this investment has been proven to be successful by highly famous investors for many years loh....!!

Remember there are many ways to skin a cat in order to make monies and your way and my way are not the only way loh..!! Lets be broad minded mah....!!

If u decide that ur way is the best just stick to it n emphasis the positive aspect of it and share with us loh...!!

Posted by 10154899906070843 > Jan 23, 2019 01:12 AM | Report Abuse

Ok, can I lari kuat kuat from you? You are pretty toxic keep polluting every thread with your repetitive INSAS ideas. Best is if you move to INSAS thread and post everyday. I surrender, can't beat your long term investment strategy of 2 weeks say insas performance better than QL. Can you stop drowning everyone else with your spam and capslock. I get it, you are master of margin of safety. You have made millions doing your strategy.

Can we move on? I'm tired of listening to old broken record.

Posted by wiki123 > 2019-02-26 15:56 | Report Abuse

wow, this F&N also potential to ROE now 17.35 to rise to 100 in the future... keep giving dividend when price is 100 + like Nestle.. potential...