Posted by probability > 2019-11-19 20:01 | Report Abuse

I think those accumulated reasonable capital from local stocks...should venture overseas slowly with small capital first...to feel the depth of the water...at least for 6 months...before going heavy...

Icon, soojinhou...kindly post your recommendations in i3...
easy for part-time man like me to monitor in a single location.

Posted by JN88 > 2019-11-20 10:51 | Report Abuse

Malaysia stock:
1. Boss earn money for continuously few years positive net profit and thinking to listed in KLSE.
2. After listed in Bursa, Boss start how to draw the graft, earn huge profit, high enumeration and so etc.
3. This cycle can repeat at least 10-20 years.
4.No value, less dividend, less attractive.

US stock:
1. Boss start a business, the whole mindset is thinking about creating value.(this value mean value and impact to society but not the money value)
2. After company get profit, boss absorb more talent, R & D creating more value.
3. The counter in US basically have 2 important characteristics (cpital growth and dividend growth)
4. The rise in stock price is not cycle or goreng , but the value they sell their service to entire world.

Posted by JN88 > 2019-11-20 10:55 | Report Abuse

IN Malaysia: Many good company creating value...but wrong marketing in whole world and less creativity...

Eg. Topglov, Kossan, Airasia, Penta....Only Glove company in Malaysia creating value. But the power is too low...For Airasia, due to political issue.....

The should learn, AIA, ALlianz, GE how they penetrated into other country even their own country have their own firm.

Posted by stncws > 2019-11-20 11:02 | Report Abuse

kyy should go...he will win 1b....instead win 100m here

Posted by ongth60 > 2019-11-20 13:07 | Report Abuse

you can trade with etrade. just open a trading account outside...just be aware that trading involve the risk of "currency exchange" on top of the stock performance.

Posted by 3iii > 2019-11-20 16:01 | Report Abuse

Nestle up RM 1.80

RM 28.5 million worth of shares traded so far today.

Posted by Hafizh Zubir > 2019-11-20 17:35 | Report Abuse

Any recommendation on a good, low cost broker to invest in foreign equity? I trade options with saxotrader and tastyworks. Both aren't so great for long term investing because of the maintenance costs. There is saxo investor which looks great but it's not available in Malaysia. TD ameritrade seems reasonable, I'm in the process of opening an account with them. Anyone uses TD? Or hv other suggestions.

I use maybank to invest in bursa. I hv a foreign trading account but it seems too much of a hassle and even my remiser doesn't suggest I use it.

Posted by Choivo Capital > 2019-11-20 19:25 | Report Abuse

I agree with most of your points.

And my comments are similar to ricky's.

Anybody who is looking for a broker, go for interactive brokers.

Posted by Choivo Capital > 2019-11-20 19:28 | Report Abuse

As soojinhou said,

PE 10 in malaysia is actually not that cheap, when interest rates are 3%, you are getting a premium of only 7% assuming you are perfectly right and the money is reinvested right.

Posted by wantousek > 2019-11-21 00:00 | Report Abuse

wat broker do u recommend for overseas trade? tdameritrade?

Posted by leno > 2019-11-21 09:33 | Report Abuse

just a simple reminder : if u cannot make money in your own tuff .. u cannot make in other ppl, if u lose money in your tuff, u will lose even more .. on top of poor info, late news, poor grasp of other country, foreign exchange eating up your money, got scammed, any development u will be the last to received, ... i've known personally a lot of ppl ... real ppl ... who started with bursa, go to FX, then oversea stock, then option, then ... disappear. THEY LOSE and LOSE and LOSE. One thing they wish ... to turn back the time, and never touch anything at all. These are TRUE STORIES. Sekian.

Posted by Icon8888 > 2019-11-21 09:54 | Report Abuse

leno, my article says that you should invest in good foreign companies that can be held for real long term so as to enjoy compounded growth (I argue that such companies are rare in Malaysia, it is like looking for fish in desert)

I never ask people to punt forex, option, or speculative trade at foreign market

for those kind of activities, do it in Malaysia, if you want, so as to enjoy home advantage

I thought my article makes it very clear ?

Posted by 3iii > 2019-11-21 11:18 | Report Abuse

>>>>

Posted by leno > Nov 21, 2019 9:33 AM | Report Abuse

just a simple reminder : if u cannot make money in your own tuff .. u cannot make in other ppl, if u lose money in your tuff, u will lose even more .. on top of poor info, late news, poor grasp of other country, foreign exchange eating up your money, got scammed, any development u will be the last to received, ... i've known personally a lot of ppl ... real ppl ... who started with bursa, go to FX, then oversea stock, then option, then ... disappear. THEY LOSE and LOSE and LOSE. One thing they wish ... to turn back the time, and never touch anything at all. These are TRUE STORIES. Sekian.

>>>>>



I have to agree with Leno totally.

You will know the local companies a lot better than the foreign ones.

As long as these companies are "WITHIN YOUR CIRCLE OF COMPETENCE", you will do alright.

Posted by 3iii > 2019-11-21 11:27 |

Post removed.Why?

Posted by stockmanmy > 2019-11-21 12:12 | Report Abuse

I have nothing to add
TSMC also doing well. I have reserved 10% for TSMC, still got 90% to trade/ speculate in Malaysia.

Posted by untong > 2019-11-21 13:24 | Report Abuse

I like Icon8888 open minded and humble, most importantly willing to share :)

I dont know about moat but i do know those companies like Airbus/Boeing, Adobe/Microsoft do have global moat. If i open an airline company, where else i buy airplane other than Airbus/Boeing?
If i open a company need softwares to install on the PCs, wherelse i go other than Adobe/Microsoft etc.Same goes to TSMC hehehe, Such companies are really not easy to find in Malaysia market.

I believe in business world if there is no growth,the value will be destructed over time. 逆水行舟，不进则退。 So growth is always no.1 priority then only how much to pay for it :)

Btw what is the difference of TSMC listed in Taiwan and listed in NYSE?

Posted by 3iii > 2019-11-21 15:28 |

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Posted by 3iii > 2019-11-21 15:35 |

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Posted by 3iii > 2019-11-21 15:40 |

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Posted by 3iii > 2019-11-21 15:45 |

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Posted by 3iii > 2019-11-22 11:01 |

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Posted by stockraider > 2019-11-22 11:06 |

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Posted by tracy92 > 2019-11-22 19:15 | Report Abuse

icon, can I have ur view in Kobay? Result looks good. Are u still holding?

Posted by sniper123 > 2019-12-20 10:17 | Report Abuse

hi icon
wa

just curious, wats ur take on inari after yesterday big selloff???

Posted by Flying Fox > 2021-02-07 20:48 | Report Abuse

May be icon left for oversea already

Posted by beginner > 2021-02-07 21:34 | Report Abuse

Dow now already break 30k snd klci still ding dong ding dong to break 1600, it is obvious grass is greener at overseas