Posted by calvintaneng > Oct 2, 2019 3:32 AM | Report Abuse
Opcom was the only stock I kept in year 2007/8 all throughout the crisis years and escaped Then prospered
So now is the repeat again
A whopping Rm21.6 Billions fiberisation project
>>>>
Was he all in cash in 2008 and the missed the biggest rally subsequently?
But he claimed to have recommended stocks 10 or 20 years ago which recently rallied giving him multibaggers gain and yet by his admission he had only 1 stock in 2007/2008!
As was suspected, most "value investors" did not benefit from their selections because they chose to invest in gruesome companies that were appropriately beaten down in their prices. Sooner or later, the prices dropped lower and thes "value investors" sold locking in their losses. They were already out of these stocks many years later when the companies showed temporary business improvements and a short period of rising and falling prices.
Calvin is not credible in many of his posts, lack transparency
>>> Posted by calvintaneng > Aug 8, 2017 7:15 PM | Report Abuse
I told him since he has so much he could seek for above average returns. And for me to chase up I must look for spectacular returns. In any case I am still experimenting. Only 5% of my capital is in the stock market for now. >>>>
This explains a lot, the difference between a novice and a master.
BENJAMIN GRAHAM "To achieve satisfactory investment results is easier than most people realise; to achieve superior results is harder than it looks."
>>> Posted by calvintaneng > Aug 8, 2017 7:15 PM | Report Abuse
I told him since he has so much he could seek for above average returns. And for me to chase up I must look for spectacular returns. In any case I am still experimenting. Only 5% of my capital is in the stock market for now. >>>>
In calvin's pursuit for spectacular gains, his stock selections failed big time: Of every 3 companies he selected, 2 lost money.
Now Tan End busy trumpeting Opcom. But the fact is he has been promoting opcom since 2013 ( google it yourself ) and nobody knows what is his actual cost for Opcom. If one takes Opcom’s 2013 average price he actually making losses for this counter (including the opportunity cost (FD return). Will Tan End tell you what’s his holding cost and holding period ? Of coz he won’t! He will pretend he bought at cheapest price Rm0.3 last year.
Enough lah....u go and check your 3iii portfolio since beginning of the year, really make monies or not loh ???
3iii Better take care of your own house 1st loh...!!
Posted by 3iii > Oct 2, 2019 1:37 PM | Report Abuse
The time I have observed calvin's promotions, it is obvious that that he is confusing investing with his gambling.
It is lucky that he only employ 5% of his networth in stocks. This speaks volume for his ability and confidence in the stock market. Perhaps, his better half (spouse) has restricted him from putting more money into stocks given his track record (which I infer from his postings).
Anyway, someone with a 5% networth in stock is unlikely to become fabulously wealthy from stock investing. He doesn't even have a meaningful amount of money in stock to make a difference to his overall wealth, either way.
Posted by 3iii > Oct 2, 2019 1:38 PM | Report Abuse
Moreover the 5% is spread over so many stocks. How many? 50 or 100!
In fact without the change in government this counter will be dead by now. Tan End will be a prophet who can foresee everything when he started promoting since 2013!
Posted by FamousAmos > Oct 2, 2019 1:50 PM | Report Abuse
Now Tan End busy trumpeting Opcom. But the fact is he has been promoting opcom since 2013 ( google it yourself ) and nobody knows what is his actual cost for Opcom. If one takes Opcom’s 2013 average price he actually making losses for this counter (including the opportunity cost (FD return). Will Tan End tell you what’s his holding cost and holding period ? Of coz he won’t! He will pretend he bought at cheapest price Rm0.3 last year.
LET CALVIN TEACH YOU HOW TO BE RICH (AFTER THAT GO TEACH YOUR GOOD BUDDY VENFX ALSO OK?)
CALVIN IS LIKE A GARDENER AND KNOW ALL THE FRUIT TREES IN HIS BELOVED GARDEN
AND CALVIN KNOWS AT WHAT TIME, SEASON OR YEAR EACH TREE WILL BE BEARING FRUIT
I think it is wasting time to keep making fun and bullying old grandfather stories. As he is a prolific storyteller, and does amuse me from time to time on his confident promotions, I just leave it up to here and respect that Calvin tan does say " do your own due diligence" if you decide to buy or sell any stock.
His stories in maybulk and using just one metric (BDI) to decide the future of a business is exemplary.
As he loves to tell imaginary stories, we should just respect his right to post and just be the check and balance for him.
As usual, in each article he writes, I will just leave his track record here for us to monitor yearly and see his overall performance.
Good luck sifu calvin tan. May you make your profit by raising prices and denying hardworking johor people of the most basic of rights: food, shelter, transportation and health.
Your property speculation activities has raised the price of housing and made many individuals unable to pay a cheap fair price for housing, even as salary increase have been stuck for many years.
The only reason why house pricing had gone up and up and up, while salary has gone lower and lower is due to rampant speculation.
By speculating on the price of housing, you are taking advantage of poor and young families that need a roof over their heads. I hope your religion does you proud. You would rather leave a house empty than sell it at a cheaper price or let a family buy it. Good for you.
20 homes and proud. Why proud? You should be ashamed instead...
There are many ways to make money, gambling, vices, alcohol, monopolies of basic life needs are not things we should be proud of doing.
Maybe one day you should visit Hong Kong and those families living in cardboard cage apartments, and understand the cost of your greed.
But your reply is always simple, if cannot afford to live here, then move out la? Why stay in?
You only need one house to live in. Why speculate on 20? Taking advantage to buy low cost housing that is needed by the the majority of population and selling it to them at ever higher prices knowing they have to buy sooner or later? Where is the Christianity in that?
Now I know where Calvin tan money comes from. From the sweat and tears of low income families.
It is not from stocks ( he doesn't know how to make wealth from stocks only cookie crumbs), but it is from his rampant speculation of a basic right of humankind. That is how he really makes money. Taking from the young and poor to feed the rich.
Buying a property for 79k in Johor? Those are not homes that one should be buying and speculating on, as there are very few types of dwellings that fit that price unless it is meant for low and middle income families( selling at 250k 6 years later and proud of it? Who do you think your are selling to?)
SCUM.
SCUM.
I hope your Jesus is proud of you.
Imagine if there was no HDB flats in Singapore, you and your kind would have speculated and bought all the surrounding property and forcing everyone to pay an even higher price for middle and low income families, driving them into a debt trap. Thank God for a forward thinking leader that anticipated parasites like you.
AGAIN I SAY, SCUM.
AND TO BE PROUD OF BEING A PARASITE. Of buying low and selling that necessary basic life need to a family that requires it at a high price.
Posted by Jason Toshi Ho > Oct 2, 2019 2:30 PM | Report Abuse
I think it is wasting time to keep making fun and bullying old grandfather stories. As he is a prolific storyteller, and does amuse me from time to time on his confident promotions, I just leave it up to here and respect that Calvin tan does say " do your own due diligence" if you decide to buy or sell any stock.
His stories in maybulk and using just one metric (BDI) to decide the future of a business is exemplary
MY 1ST REPLY TO YOUR OPINIONATED POST
I WHATASPPED TO ALL CALVIN'S FRIENDS AND BUDDIES TO SAY MAYBULK IS CYCLICAL
BUY AROUND 62 SEN
ONCE PRICE UP AND IF BDI INDEX CANNOT SUSTAIN AT 2501 POINT THEN BE CAREFUL
EVERYONE WHO RECEIVED MY PERSONAL WHATASPPED MESSAGE KNOWS THE TRUTH
Posted by Jason Toshi Ho > Oct 2, 2019 2:30 PM | Report Abuse
Good luck sifu calvin tan. May you make your profit by raising prices and denying hardworking johor people of the most basic of rights: food, shelter, transportation and health.
Your property speculation activities has raised the price of housing and made many individuals unable to pay a cheap fair price for housing, even as salary increase have been stuck for many years.
The only reason why house pricing had gone up and up and up, while salary has gone lower and lower is due to rampant speculation.
By speculating on the price of housing, you are taking advantage of poor and young families that need a roof over their heads. I hope your religion does you proud. You would rather leave a house empty than sell it at a cheaper price or let a family buy it. Good for you.
20 homes and proud. Why proud? You should be ashamed instead...
There are many ways to make money, gambling, vices, alcohol, monopolies of basic life needs are not things we should be proud of doing.
Maybe one day you should visit Hong Kong and those families living in cardboard cage apartments, and understand the cost of your greed.
But your reply is always simple, if cannot afford to live here, then move out la? Why stay in?
You only need one house to live in. Why speculate on 20? Taking advantage to buy low cost housing that is needed by the the majority of population and selling it to them at ever higher prices knowing they have to buy sooner or later? Where is the Christianity in that?
Now I know where Calvin tan money comes from. From the sweat and tears of low income families.
It is not from stocks ( he doesn't know how to make wealth from stocks only cookie crumbs), but it is from his rampant speculation of a basic right of humankind. That is how he really makes money. Taking from the young and poor to feed the rich.
Buying a property for 79k in Johor? Those are not homes that one should be buying and speculating on, as there are very few types of dwellings that fit that price unless it is meant for low and middle income families( selling at 250k 6 years later and proud of it? Who do you think your are selling to?)
SCUM.
SCUM.
CALVIN REPLIES TO THIS MOST UNJUST ACCUSATION FROM THE DEVIL (THE DEVIL IS THE 1ST ACCUSER AND YOU ARE THE CHILD OF THE DEVIL BY FOLLOWING HIM)
YOU THEREFORE DESERVE THE JUST JUDGEMENT OF ALMIGHTY GOD
BUT AS A CHRISTIAN MY BIG HEART FORGIVE YOU FOR YOUR DARKNESS AND TOTAL IGNORANCE JUST AS JESUS ASKED HIS FATHER TO FORGIVE SINNERS WHILE ON THE CROSS. MY HOPE IS YOU WILL REPENT AND NOT END UP LIKE JUDAS OR DEMAS!
OK HERE IS MY HONEST DEFENSE
ALL THE HOUSES I BOUGHT ARE FROM JOHOR HIGH COURT AUCTION
WITH MY OWN SWEAT AND BLOOD, INTELLIGENT DESIGN AND HARD WORK I TURNED THESE ABANDONED DERELICTS INTO MASTER PIECE
I BOUGHT ONE VERY CONDEMNED LOOKING SINGLE STOREY HOUSE FOR RM110,000. WHEN MY WIFE & FRIENDS SAW IT THEY ALL SHOOK THEIR HEADS AND SAID i MADE A BIG MISTAKE AFTER REPAIRING IT BEAUTIFULLY FOR RM30K I TOLD MY WIFE TO TAKE ANOTHER LOOK AT IT
SHE WAS SO SURPRISED TO SEE IT THAT SHE KEPT SAYING IT CAN'T BE THIS SAME CONDEMNED HOUSE YOU BOUGHT!!
ON CHECKING THE ADDRESS ONLY SHE BELIEVED
I ASKED HER HOW MANY MARKS SHE GIVE (OTHERS GAVE 80 TO 90 MARKS)
SHE SAID 100% MARKS!!
I WAS SO THRILLED!!
NOW MY COST WAS RM140K. SINCE THE HOUSE WAS SO NICE ONE AGENT ASKED ME TO SELL IT
I SOLD IT FOR RM175K BUT GAVE THE AGENT 5K COMMISSION
SO I GOT BACK NET RM170K AND AT THAT TIME I PAID A 5% PROPERTY GAIN TAX SO I MADE ONLY LESS THAN 20K
THAT HOUSE IS WORTH OVER RM350K (UP 100%)
YES, I HAVE SOLD SEVERAL CHEAPLY TO THOSE NEEDY ONES BUT STILL KEEPING SOME AS PRICES HAVE NOW GONE UP
BUT THAT WAS ONLY FOR LANDED HOUSES. HIGH END CONDOS I GAVE WARNING AFTER WARNING NOT TO TOUCH
TELL ME NOW IS DOING HARD WORK INVESTING IN ABANDONED HOUSES A CRIME?
ALL THESE USELESS SCUM WERE MADE GOOD BY ME
JUST LIKE YOU A USELESS SCUM NEED ME TO TEACH YOU HOW TO BEHAVE CIVILLY AND WITH MANNERS
YOUR UNWARRANTED OUTBURST ONLY SHOW HOW SHALLOW YOUR ARE IN CHARACTER
DON'T TELL ME YOU ALSO BEHAVE LIKE A SCUM OR GANGSTER AMONG YOUR FAMILY AND FRIENDS?
Lying and using jesus name, and still proud of it.
You deserve every moment in purgatory, blaspheming and using jesus name to tell lies.
Why buy these homes when other poor individual families can do the same thing and have a place to live instead of to flip?
Lies that you cannot explain, so you seek to divert.
SCUM.
"YES, I HAVE SOLD SEVERAL CHEAPLY TO THOSE NEEDY ONES BUT STILL KEEPING SOME AS PRICES HAVE NOW GONE UP"
AFTER REALIZING YOUR SCUMNESS, YOU SEEK TO DIVERT BY SAYING YOU DO GOOD WORK TO HIDE YOUR GREED.
COME, YOU DONT HAVE THE TALENT TO FIND OTHER WAYS TO MAKE MONEY?
THANK GOD JESUS INDEED FOR LEE KUAN YEW AND SINGAPORE WISE WAYS WHICH STOP YOU FROM DOING YOUR DIRTY DEEDS IN SINGAPORE (BUY CHEAP AUCTION HDB FLAT FLIP AND SELL HIGHER PRICE), YOU CAN ONLY DO IT IN JOHOR BAHRU.
SCUM.
>>>>>>>>
What is the yield so far.
I bought one property for Rm79k in year 2011. I sold it this year at Rm250k.
So i got 36% capital gain at 36% yearly for 6 years. And rent was Rm700 per month. That's another 10.6%
So in total the yield is a decent 46.6% yearly for those passive years.
I still got over 20 properties to sell slowly. As landed property still going up I will dispose more later.
I CHOOSE TO IGNORE YOU BECAUSE I KNOW THE TRUTH OF YOUR SCUMNESS. GO AHEAD AND DIVERT, YOU SLUMLORD MILLIONAIRE, LIVING ON THE HARD WORK OF YOUNG POOR STARTING FAMILIES WHO HAVE TO PAY YOUR HIGH RENTAL, AND YOU ARE STILL PROUD OF IT?
IF A FAMILY WERE TO BUY THAT 79K HOME (INSTEAD OF YOU), OVER A 35 YEAR LOAN AT 4.25% INTEREST THEY WOULD BE PAYING RM361.74 A MONTH. BUT DEMAND WILL ALWAYS BE MORE THAN SUPPLY DUE TO SPECULATORS LIKE YOU THAT BUY THESE CHEAP PROPERTIES AND CHARGE THEM RENTAL OF RM700 PER MONTH.
YOU ARE PROUD OVER THIS?
AND YOU SOLD IT LATER TO THOSE YOUNG POOR FAMILIES JUST STARTING OUT AT RM250K.
YOU ARE PROUD OVER THIS?
BECAUSE OF YOUR GREED AND SPECULATIVE ACTIONS, THEY HAVE TO PAY RM1,144 PER MONTH OVER THE SAME LOAN PERIOD. THOSE FAMILIES HAVE A MINIMUM WAGE OF 1200, AND USUALLY HAVE 1800. AS A WORKING FAMILY, THEY HAVE A TOTAL INCOME OF 3600, WHICH IS THEN USED TO PAY FOR YOUR SPECULATIVE VENTURES 1/3 OF THEIR INCOME JUST TO PAY FOR A HOUSE. HOW MUCH DID YOU PAY WHEN YOU FIRST STARTED OUT? OR DID YOU HAVE MAMA AND PAPA PAY FOR YOU EVERYTHING?
SCUM
AND YOU STILL HAVE 20 MORE FOR YOU TO SLOWLY SUCK THE BLOOD OUT OF JOHORIANS.
SCUM.
MANY WAYS TO MAKE MONEY.
CAN'T MAKE REAL MONEY OVER STOCK MARKET, YOU RAPE AND PILLAGE JOHORIANS WITH YOUR IDEAS OF PROFIT AT ALL COSTS, WHILE JOHORIANS PAY THE HIDDEN TAX AND INCREASING LIVING COSTS DUE TO SCUM SPECULATORS LIKE YOU.
SCUM.
TELL ME I AM WRONG. THAT YOU ARE NOT SCUM. THAT JESUS LOVES SCUM LIKE YOU.
MAYBE YOU SHOULD DRIVE INTO THE NEIGHBOURSHOOD AND LOOK AT THE PEOPLE STAYING THERE, AND HOW THEY ARE REALLY SURVIVING?
ELECTRICITY(controlled) WATER (controlled) FOOD (basic goods controlled, but singaporeans still love to cross bother and discount buy) EDUCATION (free until secondary) INFORMATION (controlled) SHELTER (abused by scum) HEALTH (controlled)
THESE ARE THE 7 PILLARS OF SOCIETY THAT WE SHOULD NEVER TAKE ADVANTAGE OF, OR MONOPOLIZE OR SPECULATE ON.
MOST OF IT IS CONTROLLED ITEMS AS IT IS A NECESSARY ITEM FOR LIVING.
THAT IS WHY THERE ARE THINGS LIKE AFFORDABLE LIVING (HDB, RUMAH MAMPU MILIK), WHICH SCUM DO NOT SEEM TO UNDERSTAND BUT STILL FLOUT AND TAKE ADVANTAGE OF JUST BECAUSE THEY HAVE MORE MONEY THAN OTHERS AND THEY CAN.
SCUM.
DO YOU WANT TO KNOW WHERE TSUNAMI COMES FROM?
GREED, FROM SPECULATORS LIKE YOU.
HOUSING CRISIS? GREED FROM SPECULATORS WHO BUY HOUSES THEY DONT EVEN STAY IN, JUST TO FLIP AND SELL.
FINANCIAL CRISIS? GREED FROM SPECULATORS WHO MARKET RUMOURS.
NOTHING WORSE THAN SCUM USING GODS NAME TO PROPOGATE HIS NONSENCE AND HIS SINFUL NATURE.
YOU USE GODS NAME TO JUSTIFY YOUR WANTON GREED IN BUY 20 HOUSES YOU DO NOT EVEN LIVE IN AND COLLECT RENT FROM POOR YOUNG FAMILIES AND YOU CALL IT DOING A GOOD DEED.
CITY HARVEST USES GODS NAME TO SEND SUNHO TO USA TO SHOOT PORNOGRAPHY MTV AND HIDE AND STEAL MONEY FROM CHURCH COFFERS AND SAY HE EARNED IT BY GROWING CHURCH COMMUNITY TO SUCH LARGE NUMBERS.
I SPIT ON ALL THOSE THAT KEEP USING JESUS NAME TO JUSTIFY AND HOLIFY THEIR WICKED DEEDS.
SCUM.
YOU BETTER STOP PROMOTING JESUS NAME IN A STOCK INVESTMENT FORUM, AND TELLING EVERY TO BE GREEDY WHEN OTHERS ARE AFRAID. FOR JESUS DID NOT TEACH YOU SUCH A THING,
AND YOU ARE GIVING JESUS A BAD NAME WITH YOUR SINFUL ACTIONS.
ONE HAND PROMOTE JESUS, THE OTHER HAND A SLUMLORD AND A STOCK PROMOTER LEADING INVESTORS TO HELL.
WHAT A WAY TO SHAME JESUS AND USE HIS NAME IN VAIN.
MANY OF THE ABOVE STOCKS GOT GOOD DIVIDENDS LIKE KPS OVER 46 SEN, DUTALAND AT 10 SEN, TA 8.2 SEN, AS WELL AS CSCSTEEL & MANY OTHERS SO YOU MUST PUBLISH THE COMPLETE PICTURE AND NOT FORGET THE HIGH DIVIDENDS
2) SECOND TRUTH
CYCLICAL UP AT PEAK MUST BE SOLD TO LOCK IN BEST PROFITS
AT ITS PEAK CALVIN ISSUED 2 CHUN CHUN BUY CALLS
SEE
TIME TO TAKE PROFIT ON HOT STOCKS & OTHERS DUE TO T3 TURNING T2 & OTHER REASONS, Calvin Tan Research Author: calvintaneng | Publish date: Fri, 19 Apr 2019, 3:33 PM
BEST TIME TO SELL ALL LIMIT UP STOCKS AND ALL THAT GONE UP ALOT TODAY, Be Fearful when Others Greedy, Calvin Tan Research Author: calvintaneng | Publish date: Mon, 22 Apr 2019, 4:16 PM
O yes the one I bought at Rm79k and sold for Rm250k was kept for more than 5 years
The investor who bought from me now rent out for Rm1000 I only rented it out for Rm700 (that is below current market price for a 22 feet by 70 feet freehold 3 rooms 2 baths house with marble flooring
He so lucky bought from Calvin at Rm250k Now already worth Rm350,000
He is sitting on a Rm100k gain
Ha! I must go and congratulate him when I drive pass that place one day
stockraider Correctloh just look at the top 10 major losers today....Nestle,Dlady, Pbank and Petdag out of 10 stocks....4 belong to sohai 3iii loh...!!
3iii should be ashame loh....!! His overvalue counters does not work anymore loh...!!
Don listen to sohai 3iii loh....!! >>>
Very dishonest raider.
My investing is long term focus.
Over the last 10 years, dishonest raider has harped on the same issue above.
He not not only not approximately right but proven to be absolutely wrong.
Thanks to Philip for collating calvintan's stock selection which can be reviewed here: https://klse.i3investor.com/servlets/pfs/123029.jsp Philip's Watchlist: Calvin Tan followed portfolio per his recommendations 2019
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 > 2019-10-02 08:39 | Report Abuse
>>>
Posted by calvintaneng > Oct 2, 2019 3:32 AM | Report Abuse
Opcom was the only stock I kept in year 2007/8 all throughout the crisis years and escaped
Then prospered
So now is the repeat again
A whopping Rm21.6 Billions fiberisation project
>>>>
Was he all in cash in 2008 and the missed the biggest rally subsequently?
But he claimed to have recommended stocks 10 or 20 years ago which recently rallied giving him multibaggers gain and yet by his admission he had only 1 stock in 2007/2008!
As was suspected, most "value investors" did not benefit from their selections because they chose to invest in gruesome companies that were appropriately beaten down in their prices. Sooner or later, the prices dropped lower and thes "value investors" sold locking in their losses. They were already out of these stocks many years later when the companies showed temporary business improvements and a short period of rising and falling prices.
Calvin is not credible in many of his posts, lack transparency