Also note that for financial systems, the system is easily replicable, but the government approvals and funding requirments are not. Best business to be in.
I buy cheap durable business I can easily understand AFTER it has reached vertical integration, making it much harder to disrupt. You try to disrupt QL business model see? tell me 1 company doing same thing as QL in bursa and doing it better. Or tell me one company similar to QL in bursa with better ROE.
I bought into topglove after it held a 18% share of the WORLD MARKET in gloves.
I bought into PBB after my wife told me so. Always listen to the wife. Oh it also has the best ROE in the market, for big banks.
I bought Yinson fully after it had pivoted from a lousy transportation company into a fully FPSO charter company, now 6th biggest FPSO in the world with 99% utilization rates, unheard of in the fpso market. just ask bumi armada.
For stoneco, I decided to buy it after reading that it has received merchant aquiring institution by the central bank of brazil. I wouldn't expect you to know what it means, except that it is now a full merchant bank entity with all the perks and access to the high table.
All i bought and held since 2009, 2010, 2012 and 2013.
And now in 2019, I have 5 stocks in my portfolio. Stoneco is a small portion, around 200K shares done at USD19.
U mean Warren Buffet give a call to Mr long & says koh kohchai i m buy into stoneco ah....!!
I read Warren Buffet buying into Petrolchina long time ago, what happen to petrolchina now leh ??
Do not be a follower loh, better learn to invest independently....copying other people....when the originator change course....U will not know loh...!!
Posted by qqq3 > Jan 22, 2019 05:10 PM | Report Abuse
raid...it is not about QL...it is about a connected world....opportunities every where for those with the skill set.
I doubt it....GDEX had a good story to tell...from 2010 to 2016 with ecommerce explosion. Gdex is led by private sector...
Is Sam a state enterprise or a private sector, I also not sure....anyway...how to give the best to Malaysia when Singapore has their own sector to protect? Singapore Technologies will still get the prize.....
Hi Fabien, for SAM or any other company you need to understand where your growth is coming from, how much revenue they can generate, and most importantly what they will do with that growth. As 50% of their business is aerospace, its a very predictable and easily measured growth ( you can just compare how many planes are in the pipeline from Boeing and Airbus). The growth trigger is what they do with the other 50% of revenue, which is in sam precision and meerkat. I'd monitor my quarterly reports closely on the performance of those business units. If they dont grow well, I'd say you would reach terminal value pretty soon. you can have a pretty clear idea of the growth prospects of the aerospace portion of A320 neo, the jigs manufacturing part, I dont know.
What long numbers guy suggested in his earlier comments was buying into a company that has attained critical mass. The appropriate size of the company where they are small enough to grow further and big enough to kill the market competitive force with whatever moat they built.
How to spot a company that has attained critical mass? We look for company with first signs of above average return on equity way beyond the cost of capital.
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3148 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
10154899906070843
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Posted by 10154899906070843 > 2019-01-22 16:04 | Report Abuse
having said that, never ever buy into an IPO. It is still for idiots. It listed for 24 USD, and I bought it at 19. Go figure.