Hahhahahaha unker you so many years in Bursa liaoo... But now bull market, very difficult to judge who's really good.. because anyone can make money in a bull market... But if you lose money in a bull market i really speechless lah HAHAHA
( BNF trader losses ) Philip This is actually a very very well written article. I like it! I totally agree. ============
like Icon says, it evolves over the years. The basic ideas are with me before i3 but i3 time gives life and form to it.
When I first come here, i3 seems to be dominated by people who thinks being an accountant is the only requirement for stock market success.....they call me a fake accountant for challenging the status quo.
My contribution and your arrival means investment can now be defined as participating in the growth of excellent companies.
From your own assessment, which faculty you excel in: ==========
me? Before i3, I don't have the C for it........Now, trying very hard and confident I will do very well before I am 80....I have to catch up with KYY, u know.
actually being an accountant doesn't make you a good investor... it certainly helps... But it's not the most important criteria... Until today I have problem making the statement of cash flow... But as long as I can read it, understand it and pass my exam I think it's good enough Hahahahhaa
Let the accountants do what they are best at doing hahahaha
Heavenly PUNTER actually being an accountant doesn't make you a good investor... it certainly helps... But it's not the most important criteria... Until today I have problem making the statement of cash flow... But as long as I can read it, understand it and pass my exam I think it's good enough Hahahahhaa
Let the accountants do what they are best at doing hahahaha
>>>>
The few accountants I know are not good investors.
Many of them speculate. One doesn't believe in fundamentals, and rely on charting.
To understand their behaviour, you need to analyse their past investing journey.
Correct correct accountant sometimes too careful liao! It's not a bad thing but you might miss out a lot of good returns! And they focus too much too much on numbers!
Dear 3iii, I am disappointed with your judgement. Of all the people you still unable to see who quack quack quack is? Quack, quack, quack, From your own assessment, which faculty you excel in: K: Knowledge C: Character R: Rate of return G: Grit ‘Sailang” Allow me to answer your question. He had none, He only good in PLP, sweet talking, hoodwinked and backstabbing his targeted victim. You should ask him: 1. How many different ID he had used before? What knowledge did he impart except keep bad mouth KCCHong? And even used a deceased man (Optimus) to slander OTB (Just because OTB stands in his way to sell his JAKS Vision 2020 IPP to Mr. Koon)? 2. What character expected from him? Rigid is dead, flexibility is life: Me? I am a trader.I stay flexible, bends with the wind. With business sense, I look for theme plays. Look for the latest themes.......Stay the trend .....Life. Trade....learn to trade....plenty of opportunities to trade.......stock market is a Game...games people play.....it is not a maths puzzle for mathematicians to solve......... (Compliment from Icon8888, qqq3 is like cockroach. You cannot destroy him. They should give you a Nobel price) 3. Rate of return??? “me? Before i3, I don't have the C for it........Now, trying very hard and confident I will do very well before I am 80....I have to catch up with KYY, u know.” Please tell him what is the CAGR he needs to grow his small little sausage to be comparable to Mr. Koon? 4. Grit or “Sailang”. DK66’s TP on one of his heavily promoted JAKS is RM7.00. So ask him dare to sailing and margin finance into JAKS now. I rest my case
Thank you. P/S: Be principled. “Boys, be ambitious!” Be ambitious not for money or for selfish aggrandizement, nor for that evanescent thing which men call fame. Be ambitious for knowledge, for righteousness, and for the uplift of your people. Be ambitious for the attainment all that a man ought to be.
U call to buy Canone is a cun cun call....Early birds many worms already. On a strategic level, KJ shareholders can and should swap their cash into Canone.
As I said, these Canone people are grand masters and for genuine investors, what is better than investing in Grand Masters.
there are the good knowledge and the bad knowledge. there are : - prepackaged knowledge ( like from seminars and TV shows ) - opinions disguised as facts - knowledge that are spoon fed and self taught knowledge
the best knowledge are self taught. This is the internet age after all.
BNF trader losses ) Philip > Mar 15, 2019 6:17 AM | Report Abuse
That is why I don't understand investors who are able to buy 30 stocks, when they can't even name the top 5 management team, their track record and all of the above at the top of their head.
You read the report many many times I assume. Can you name me the top 5 managers without referring back to the report? ( Warren buffet remembers all the managers of his companies by name). If you can do that can you name all the metrics I just put out above as it is all interrelated.
If you can't, I suggest you read the reports a few more times and memorize the details, or stick to companies you are familiar with.
Posted by qqq3 > Apr 14, 2019 12:54 AM | Report Abuse what about knowledge provided by KC Chong? Is it good knowledge or just one man's opinion? Is it knowledge or opinions disguised as knowledge?
In the last two years, quack quack quack aka Desa6769, Stockmanny, Brightsmart, Loneranger, etc. conning newbies and his master to continuously shouting to them sailang and margin Jaks and Sendai at RM1.80+ and RM1.40+ respectively. In the process, he made tons of money, and those newbies who lost their underwear when Jaks and Sendai dropped below 50 sen in just months are just stupid. So he said. Even his master who lost more than RM100m is stupid as quack quack quack was able to bite the hands which fed him, so he said.
kcchongnz wrote many articles to warn newbies about this conman who changed his id numerous time so as to continue conning newbies. You can find some of the threads here,
Those newbies who listened to me saved their underwear. If someone knew how to judge the credibility of others, and just gave a thought of what my opinions were, and he would have saved more than RM100m,from getting conned.
So what do you think the knowledge, or ""one-man's opinion"" I have been providing for?
Its not gambling. Its still investing even thought Jaks is not historically an exemplary company.
Its still investing in a company with great growth prospects., managed by CPEEC , the largest electricity contractor in China....and Jaks is only a passive investor with minority stakes. Once the thing is switched on, don't need Jaks to be genius to see money coming in. Its an IPP after all.
<$ 500 milion market cap, the market has not given much value to the IPP with income stream of $ 150 m pa.
Posted by qqq3 > Apr 14, 2019 12:13 PM | Report Abuse KC Actually I am the least likely person to hard sell any stock., or for that matter, hard self myself.
You didn't hard sell Jaks and Sendai? What have you been doing the last two years shouting relentlessly everyday sailang and margin jaks and Sendai at RM1.80+ and RM1.40+ respectively? It is all over i3investor.
You hard so much and made so many newbies lost their underwear, and your master lost more than R100m!
And at the back you claimed you had make killings on Jaks and Sendai.
kc, anyway I am dead serious when I write........... I do not feel comfortable if people trust me too much or praise me too much like in this article. https://klse.i3investor.com/blogs/qqq3/201987.jsp I cannot bear the burden of responsibility for others.... I am happiest and most comfortable if people sees me for what I truly am............just a small time trader in Bursa.
Wow, people made a couple of comments and you construed them as praising you.
You know what, this is another opinion here.
You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing.
kc...to put it bluntly, u belong to the era of dinosaurs.
My Golden Rule of Investing
Apr 14, 2019 1:58 PM | Report Abuse
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing. =============
but u don't have what it takes to appreciate my works. Anyway, Insas people will not appreciate my work.
Appreciate your work? What work? You made my toes laugh.
By the way, why do you link Insas with me non-stop? Did I promote it like what you have been doing for the last two years, causing your master to lose more than RM100m, and newbies their underwear?
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
What the F*** is that? ""Algorithm between quality and margin of safety""?
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
What the F*** is that? ""Algorithm between quality and margin of safety""? =====================
KC...share market is always about striking the right balance. And choose the better option.
yes...there is this ever present conflict between quality and your margin of safety and assets and low quality earnings..and your so called cash cows.........
Who is that Benjamin Graham guy? I think the world has passed him by......Even your fellow value investor Tan Teng Boo Icap admits the world has changed. I call BG a dinosaur too.
and your cash cows can become very moody cows indeed.
In this era... it's no longer like Benjamin Graham days! Nowadays we look at earning quality and consistency and earnings growth too! You don't just look at assets! If a firm needs to have a lot of asset to maintain it's earnings, very likely it's capital expenditure intensive.. That's why you see MYEG can have PE way above most of the companies you see, their profit margin is strong and they don't need 1 dollar of asset to generate 1 dollar of sales!
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
What the F*** is that? ""Algorithm between quality and margin of safety""? =====================
KC...share market is always about striking the right balance. And choose the better option.
yes...there is this ever present conflict between quality and your margin of safety and assets and low quality earnings..and your so called cash cows.........
Who is that Benjamin Graham guy? I think the world has passed him by......Even your fellow value investor Tan Teng Boo Icap admits the world has changed. I call BG a dinosaur too.
and your cash cows can become very moody cows indeed.
In this era... it's no longer like Benjamin Graham days! Nowadays we look at earning quality and consistency and earnings growth too! You don't just look at assets! If a firm needs to have a lot of asset to maintain it's earnings, very likely it's capital expenditure intensive.. That's why you see MYEG can have PE way above most of the companies you see, their profit margin is strong and they don't need 1 dollar of asset to generate 1 dollar of sales!
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....
3iii
13,340 posts
Posted by 3iii > 2019-04-11 20:34 | Report Abuse
qqq3
From your own assessment, which faculty you excel in:
1. K
2. C
3. r
Your answers:
1 only
2 only
3 only
1 & 2 only
1 & 3 only
2 & 3 only
All (1,2 & 3)
:-)