Posted by untong > 2020-04-14 20:05 | Report Abuse

We always appreciate people's sharing but as time goes on we will automatic filter which "tips" to have a serious look or not.

Normally tips with disclaimer is not enough, we appreciate tips that come with "risk of the call", when to sell/sell when what what happens etc, best with trackable portfolio (like felicity) and stories that backing each numbers.

I always refrain myself from buying furniture stocks, testing equipment etc etc players with none recurring biz (not many people will buy furnitures every year, how i know the client of the testing companies have done enough with their testing? etc)

Posted by i3lurker > 2020-04-14 20:12 |

Post removed.Why?

Posted by OTB > 2020-04-14 20:30 | Report Abuse

Posted by CharlesT > Apr 14, 2020 6:10 PM | Report Abuse

Aiyo otb made very good money for years...this year still make profit..

Without koon n his rich friends he still can make lah..but at a slower pace only..

For example con stock like JAKS, without koon the price also went up 100% at one time
----------------
I did not do any business with Mr Koon for > 2 years.
My ROI in 2019 is still 175% gain.
Thank you.

Posted by OTB > 2020-04-14 20:32 |

Post removed.Why?

Posted by OTB > 2020-04-14 20:44 |

Post removed.Why?

Posted by kcchongnz > 2020-04-14 21:31 | Report Abuse

Posted by Sslee > Apr 14, 2020 5:23 PM | Report Abuse
Dear Philip,
KCChong is a great, true and passionate teacher.
A true teacher doesn’t teach you to think like him, but to think without him. (To read financial report and make your own informed decision whether the fundamentals had changed)
And also tell me what wrong with KCChong’s advices don’t listen to hot tips when you are once the victim of hot tips.
Thank you
P/S: Sifu kcchongz did not teach you to follow him blindly but teach you all the necessary tools for you to use and make your own informed decision, so please show respect.

SSLee, thank you very much for your repeated kind words, although you have never met me before. These motivate me to carry to share my passion to the public in investing.

Thank you again.

Posted by Flintstones > 2020-04-14 22:27 | Report Abuse

Kc chong? This guy has no investing skills. He knows how to extrapolate data only. No business sense whatsoever. Pity the buyers of his book

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 22:34 | Report Abuse

Did I ask anyone to follow me around without ability to think?
Did I tell everyone not to use margin?
Do I sell books or run classes to pay for my income?

Why would I borrow money to buy QL when current management is already doing a good job far better than I could? Unlike INSAS which you and nzchong seem to like so much, which cant even grow earnings and revenue

I'm not the one saying I have medium term investments with 5 year timeline.

I'm not the one caught saying I think focus lumber is a good long term stock. Nor latitude tree. Nor jobstreet. Or in fact many of the value STOCKS that he has written about through the years.

In fact, kcchongz has written so many promotional articles he himself seemed to have forgotten all the lemons that he picked. Making me wonder in his actual portfolio that he holds. But he sure can say others are good storytellers.

The simple fact is based on all of his articles that he wrote ( I have read all of his articles he posted in i3 through the years.) I have read all of icon8888. I have read all of Jon choivo. I have read all of OTB, all of kyy, I have in fact even read all of the blog written by you,( which is a waste of time as majority is non financial, useless in a financial forum).

I do my research. Have you?

The simple fact is: I believe his writing and choivo is about the same(wonderful theories), with the same subpar results. The only thing is I don't have is his personal portfolio results to compare. But if I did, I believe his long term results would clearly show, he is as qualified to write a book as Ricky yeoh or jon choivo. Or sslee.

Why do you think he sells his books in Malaysia? Because here still full of un-intelligent investors who have never heard of the term "value investing".

If he tried the same bullshit in Australia, USA, Singapore or UK he would be laughed out of his ass. No results, no returns, no long term portfolio. Nothing. Nada. Zip.

Come on, grow up. Learn. Evolve your investing methods.

Realize one simple fact, anyone who wants to be a flight instructor should have a license and a credited thousand hours of flight time, right?

If someone criticized others ( kyy, myself, others) to make it seem as if his investment philosophy is so good, it should be backed by some form of results based portfolio right?

Guess what? His performance is subpar, to say the least.

>>>>>>>>

Tell me do you want everyone to just follow you without their own ability to think? Or how many people can be as rich as you to average down your downtrend Gkent and Pchem. And tell me frankly if you truly believe in QL why not you write a proposal to any banks to borrow money and buy over QL and see for yourself what the banks will responds?

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 22:36 | Report Abuse

As for honesty, well....

>>>>>>>>>>

Sorry, I seldom share stock pick in public forum any more, for the simple reason that I can’t be right all the time. if I am right, even every time, you won’t thank me. But if I am wrong just once, you will scorn and ridicule me. So, what for?



However, I do have a stock pick service giving to my past and present investment course participants. This service come with detail analysis and valuation of stock picks, plus carefully selected watch lists. They can evaluate and understand my investment thesis and make up their own decision. They don't blindly buy what I have written. I am glad to say that a number of them have obtained about 30% return from less than a year ago, with the highest at 33+%.

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 22:40 | Report Abuse

Empty claims in a forum design to make money from gullible investors?

Exactly. The Mary buffet style of making money.

Step 1, use the buffet name and reputation. In this case ex-daughter in law.
Step 2, don't show your stock picks, your long term results and hide the truth.
Step 3, sell speaking engagements, classes, stock pick services, write books.
Step 4, act righteous. " Don't listen to stock tips". Yeah right.
Step 5, rinse and repeat.

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 22:42 | Report Abuse

Don't listen. But you can pay me for my services.

>>>>>>>>

https://klse.i3investor.com/blogs/kcchongnz/2018-01-13-story144144-How_to_benefit_from_my_stock_pick_service_kcchongnz.jsp

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 22:43 | Report Abuse

Utter hypocrisy.


>>>>>>>>>

How to benefit from my stock pick service kcchongnz

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 23:03 | Report Abuse

His 2017 stock pick service results ( look at the 3-6 year results)
https://klse.i3investor.com/blogs/kcchongnz/2017-07-16-story127935.jsp

His 2018 stock pick service results
https://klse.i3investor.com/blogs/kcchongnz/2018-01-13-story144144-How_to_benefit_from_my_stock_pick_service_kcchongnz.jsp

His 2019 stock pick results
https://klse.i3investor.com/servlets/pfs/116402.jsp

Every year new stocks to pick. What to do? Selling stock picking services.

Results? 3-6 years for value investing, or short term 6 months to 1 year selling

Bah, I've had enough of this fraud and hypocrite.

The only reason why he likes to talk bad about other investors with results is because he simply doesn't have the results to match.

Give me OTB, cold eye, Dr neo any day.

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 23:14 | Report Abuse

I absolutely loved this article, and his 3 years concept:

I like the song so much that I have even incorporated in my investing timeline, that investing for building wealth is a long-term endeavour, a minimum of 3 years, using fundamental value investing (FVI).

He even give his 15/7/2017 prices ( so helpful),

Kesm
Opensys
Wtk
Magni
Favco
Zhulian
Padini
Superlon
Latitude
Hli
Oka
Luxchem

Would you have paid for a 3 year stock pick services for results like this?

Again, no wonder he had to write a book, sell stock pick services, sell subscription classes.

The destruction of value ( and time) by buying and holding this stocks over 3 years for a return that never came.

Don't listen to stock picks indeed.

>>>>>>>

https://klse.i3investor.com/m/blog/kcchongnz/2017-07-16-story127935.jsp

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 23:28 | Report Abuse

His third sick pick service ( oh wow so nice), another 3 years holding period experience ( OK!) 12/1/2018 period.

1. OKA
2. LUXCHEM
3. Insas
4. Skpres
5. Homeritz
6. Stock d ( let's assumed it was datasonic to give him a winner)

So..... One winner in his 3 year value investing plan?

No wonder...

Don't listen to stock tips... By kcchongz.

Cos he can tell you where to fish, but since he doesn't know where to get one, you can be sure you probably won't either.

Please ask me how much kcchongz charges for his stock tip services!

Please?

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 23:37 | Report Abuse

One thing I do agree with, investing with a 3 year minimum holding period is a good benchmark for value investing.

It removes volatility out of the picture, and in the end the business itself becomes the source of investment results, the gain in revenue, earnings and cash flow.

But where does the gall come from a "investor" with results such as this, expecting us to buy his book with these results?

It is no different than a Jonathan choivo charging 5k for his research into rcecap, or many other trader "sifu" seeking subscription services.

With these long term results, I would have done better to invest my money with felicity, and her child college fund would have given me far better results.

I might as well have put money in Berkshire Hathaway, bought the b shares, saved the money on stock tip service, sleep well at night.

Kcchongz results are akin to throwing a dart at a board for stock selection, with similar results.

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-14 23:42 | Report Abuse

For reference, here are stock picks from someone I really respect.

Brutally honest, trackable, beautifully arranged and measured as as a real portfolio.

http://www.intellecpoint.com/p/position.html

I respect her far more than this fake "sifu" kcchongz with his blathering and book writing while never once maintaining a proper and honest trackable portfolio.

Posted by qqq33333333 > 2020-04-15 00:18 | Report Abuse

Philip (Honesty is expensive. Dont expect frm cheap ppl ) > Apr 14, 2020 10:40 PM | Report Abuse

Empty claims in a forum design to make money from gullible investors?

Exactly. The Mary buffet style of making money.

Step 1, use the buffet name and reputation. In this case ex-daughter in law.
Step 2, don't show your stock picks, your long term results and hide the truth.
Step 3, sell speaking engagements, classes, stock pick services, write books.
Step 4, act righteous. " Don't listen to stock tips". Yeah right.
Step 5, rinse and repeat.
===============


billion dollar industry..................that is how the world works out there.........

Posted by qqq33333333 > 2020-04-15 00:26 | Report Abuse

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > Apr 14, 2020 11:37 PM | Report Abuse

One thing I do agree with, investing with a 3 year minimum holding period is a good benchmark for value investing.
==============


that is a true statement..........

everybody is trading but borrow respectable terms..........

Posted by qqq33333333 > 2020-04-15 00:34 | Report Abuse

OTB.........

I will need a fraudulent record if I am to sell services....

but I don't need any record to show OTB is a fraud..........




hahahahaha

Posted by qqq33333333 > 2020-04-15 00:54 | Report Abuse

America got Netflix, Amazon, Google and the likes which will insulate their Index...........

Malaysia got what?


going forward, u may find wall street green and we in malaysia keep seeing red............very very tough environment.


not only that.......Dow components enjoy tremendous amounts of monopoly profits............the people can be poorer due to the virus, monopoly profits can still increase............


value investing in the context of kc and his unstable stocks.........just not relevant .........repeat ability and predictability is very low with the small caps in Malaysia.........just trade and wag lah....and don't quote so much wallen the bufalo stuffs.

Posted by OTB > 2020-04-15 06:34 |

Post removed.Why?

Posted by OTB > 2020-04-15 06:58 |

Post removed.Why?

Posted by Sslee > 2020-04-15 07:44 | Report Abuse

Haha Philip
Talk as if the whole Malaysia he is the only one qualified to talk about investment because he had the proven record and his qualitative analysis is the only right way to value a company and all those talking about quantitative analysis are imposters, out for no good, try to sell subscription or are so poor and need to write/publish book to earn a living.

Warren Buffet and Charlie Munger are famous for buying up quality companies at the right price.

But Philip just because he had a lucky break in QL which turn his life around and now he behaves as if he is Warren Buffet or Charlie Munger.

If he is so good on qualitative why not write his QL thesis to Warren Buffeet and Charlie Munger and invite them to buy up QL with PE50 and see whether Warren Buffett and Charlie Munger will be laughing out of their ass on his thesis on QL?

PS: Yes his profile photo is Charlie Munger so maybe his is the Charlie Munger of KK or The Oracle of KK. (Kuman di Seberang Lautan Tampak, Gajah di Pelupuk Mata Tidak Tampak)

Posted by Ayoyo > 2020-04-15 08:35 | Report Abuse

There is no need to belittle a comrade who is on a different path from yours.. It is akin to one proclaiming that his religion is the ultimate savior and that everyone should follow him on this 'truth' in order to grow... Until he realizes that someone else who is on a different belief system is not only equally at peace, but is thriving too

And if one has the chops and calling for teaching, why not? Arsene Wenger, Jurgen Klopps, Pep Guardiola, Jose Mourinho were known to be average players in their prime... Look at how quality future generations each of them produced for their clubs

Posted by Sslee > 2020-04-15 08:38 | Report Abuse

By the way
Can Philip answer the quantitative and qualitative question on QL?

Quantitative: Do Philip know what is PEG ratio of QL and with this ratio is QL deserved a PE of 50 and what is terminal value of QL?

Qualitative: Do Philip know what is the QL's total addressable market, how QL compare to CP Thailand, are QL expanding to SEA facing local competitors and local government restriction, do he know Malaysia is not a fishery nation and what will happen to QL boats if caught fishing is disputed Sea Area by China, Vietnam and Indonesia Navy Patrol Boats, what is QL plantation FFB yield and Mill OER and are QL Plantation and Mill RSOP certified and how QL perform against platation company benchmark, and what will happen when Land use right expired in Indonesia, do he know what is the break even sales for each Family Mart and how many stores are profitable and how many are burning money?

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-15 08:39 | Report Abuse

I also had a 7 year lucky break in yinson, 9 year lucky break in topglove, and even multi year good luck in public Bank which I sold luckily just in time.

As for saying that qualitative way is the only way? When have I ever said that? I consider OTB, felicity and Dr neo excellent individuals to learn from in shorter term investments. But definitely not sslee, kcchongz and a few others I have no respect for.

What I do have a problem with are individuals like sslee, choivo and kcchongz who go around talking bad about other individuals investments in QL just to defend and prove that their investments in INSAS is much better ( hah!).

However when holes are poked and investors complain, all they can see is the folly of their investment methods.

Kcchongz is a simple hypocrite. He talks about not listening to stock picks, and yet sells stock pick services with a time frame of 3 years ( which turned out badly in the 1st or even second year onwards, proven). And yet he(as well as sslee) says bad things about my long term investments in QL as great storytelling of how pe50 companies are bad investments if bought at the wrong price. Guess what collateral is feeling my margin buys during this period? Ql and topglove and yinson.

Well... His stock pick services into INSAS is also a bad investment over a 3 year period, despite being a super value play. So is his homeritz, padini, latitude, focus lumber etc etc over the "medium" term.

As for sslee, he is just an "unlucky" individual. Over the last 5 years, while I've been lucky enough to buy and hold stocks by looking at prospects instead of simply PE, my "overvalued" picks in QL, topglove and yinson continue to remain higher than 2019 prices, and allows me profits that can be turned into margin to buy my other discounted stocks at 10 year lows prices. Do you not realize the value in this?

Meanwhile sslee forays into magic number, magic formula, ultra value stocks in xinquan, hengyuan, INSAS have all proved to be disastrous. Luckily he doesn't know how to use margin properly, otherwise he would have found even more problems, as his insas dropped to 1/3 of his 2019 prices at 90 cents to 35 cents. Only an idiot would consider this a good thing over the LONG term.

So again I repeat, I have never once said my way is the only way and everyone else is foolish. I consider Dr neo, OTB and Felicity very good examples of different was ways to invest probably without "following" my way.

I only consider sslee and kcchongz investment methods to be wrong and useless in building wealth long term. Their results shows, and the way they defends their investments not by showing good results in their stock, but by criticizing other individuals stock picks ( which turned out pretty good I would say over this crisis ).

When commented, instead of showing good results, kcchongz started criticizing the qualities of pchem and QL instead of showing his own good results on his stock picks.

When commented, instead of showing good results, sslee starts criticizing the qualities of QL and serbadk instead of showing his own good results on his stock picks.

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-15 08:56 | Report Abuse

The problem with sslee and kcchongz is that they have a simplistic model of how investment should work. They are still stuck at that ben graham stage of cigar butt investing. Warren buffet changed after he starting working with Charlie munger and changed his concept to buying wonderful companies... At fair (not cigar butt) prices.

I respect Felicity and otb and Dr neo because they concur my sentiments, one list continue learning and evolve their investment methods.

OTB uses both technical analysis and fundamental analysis to buy a stock.
I use both fundamental (Graham) and qualitative ( munger) mental model analysis to buy stocks.
Felicity tried to understand companies the best she can, and buys small amounts to do it.

Only poor individuals sslee and kcchongz still stick to blind concepts without improving their long term results.

If choivo can move past buying net nets valuation, why can't you?

Who is the one learning new things every day, and those stuck doing the same thing over and over?

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-15 09:07 | Report Abuse

Fyi, I have been a part of OTB subscriber group before, and learned a few things from him, so know what I am talking about. But I have never followed his picks, which do not suit my investing style. But I did learn a few new things from him, and others.

Sslee, have you ever attended kcchongz class or bought his stock pick? Or attended OTB class? Or talked to Felicity, Dr neo and other real investors?

Or did you think yourself super smart enough to simply buy stocks after reading a book and thought you will do well?

Did you buy hengyuan,dayang, carimin, Xinquan, INSAS etc by following stock tips from kyy and kcchongz without understanding their investment methods for yourself and monitoring over a longer period before buying what they buy?

If you did those things before than you have no right to comment further.

I recommend you shut up before doing further damage to UM graduate reputation of hard work and excellence.

I suggest you recall what UM motto is.

Posted by Sslee > 2020-04-15 09:11 | Report Abuse

Dear Philip,
I do not have any investment methods but try to learn from all including from you as I start investment late but not too old to make a few mistakes on the way.

I had my past folly and so are you.

I only give respect to those show respect for other and accept different in opinions and agree to disagree but unfortunately you are not in this list.

I fought for the truth and voice out for all minority shareholder in INSAS AGM and had been telling the truth on the reason of not SBB but it was you refuse to accept the truth and come out with many of your imagination of cooking the book, money in bank is fake like Xinnguan and smearing the good name of BOD which I make effort to know them and befriend them whereas you keep saying all kind of negative things without making any effort to know them.

So please accumulate you so call winner QL and I will continues accumulate my misprice undervalue INSAS. I rest my case

Thank you

Posted by Philip (Honesty is expensive. Dont expect frm cheap ppl ) > 2020-04-15 09:37 | Report Abuse

So now we know the truth, you are just another gambler buying a stock based on 5+ year track record of misprice undervalue stock INSAS with a poor record and unhappy when someone criticizes your stock, as you have wished for the last few years for INSAS to track it's "accounting" value of rm2.6.

I would be unhappy too if someone criticizes my investment into topglove, QL, yinson for simply being high PE( therefore bad investment)

The difference is, I look at my track record and then I compare those results to those touted by those who criticize my picks.

CharlesT - mnrb
Stockraider - sapnrg/insas
Calvintan - netx
Sslee - INSAS
Kcchongz - latitude/flbhd
Choivo - petronm/rcecap

Then I realized, you guys have no idea how to pick stocks but see fit to criticize others?

So I keep quiet and let you criticize while calmly holding on and buying more into my yinson, ql, topglove at pe50+. And I just continue monitoring every quarter to see my long term stock results performance.

I realized then,

I just wasted good money buying kcchongnz books which I could have night a nice cup of coffee at Starbucks and read through all of Howard marks memo, Berkshire annual letters and had the same result.

I rest my case. You are a petty man, small minded and unable to explain why INSAS has been undervalued for over 5+ years.

Grow up.

>>>>>>>>


I fought for the truth and voice out for all minority shareholder in INSAS AGM and had been telling the truth on the reason of not SBB but it was you refuse to accept the truth and come out with many of your imagination of cooking the book, money in bank is fake like Xinnguan and smearing the good name of BOD which I make effort to know them and befriend them whereas you keep saying all kind of negative things without making any effort to know them.

Posted by Plantermen > 2020-04-15 09:41 | Report Abuse

There are certain things we can avoid and refrain from buying Hot tips { stri tly for trading not for investing or holding} certain stocks for dividend yields { eg reits} others for capital gains or longterm compounding. Above just my personal view always used believed trade within your means

Posted by qqq33333333 > 2020-04-15 11:28 | Report Abuse

OTB > Apr 15, 2020 6:34 AM | Report Abuse

qqq3 is a tin kosong in I3.
=========

if u think I am tin kosong, then no need to tell so many lies about me lah....no need to read my stuffs and no need to response lah............simple, easy, makes sense.

Posted by qqq33333333 > 2020-04-15 11:32 | Report Abuse

otb...and as for me, I wake up in this lock down to take down the OTB cult.....gives me great pleasure.....and think about the stock market while doing it.

Posted by OTB > 2020-04-15 11:32 |

Post removed.Why?

Posted by i3lurker > 2020-04-15 11:35 |

Post removed.Why?

Posted by OTB > 2020-04-15 11:37 |

Post removed.Why?

Posted by qqq33333333 > 2020-04-15 11:46 | Report Abuse

d by i3lurker > Apr 15, 2020 11:35 AM | Report Abuse

qqq3
you got nothing to do ahhh!
========

for me, its productive time, not time wasted.

just charge to CSR lah..........

Posted by i3lurker > 2020-04-15 11:46 |

Post removed.Why?

Posted by jason007 > 2020-04-15 11:54 | Report Abuse

I agree with i3lurker , he just cheat to his subscriber. There is the most useless course he provide. Just theory.

Posted by ahbah > 2020-04-15 11:54 | Report Abuse

Mkt now is high tide. Everything float UP including rocks, pebbles n stones !

Posted by Sslee > 2020-04-15 11:54 | Report Abuse

Haha qqq3,
Mind telling us how you single handily take down your old master KYY?

Posted by i3lurker > 2020-04-15 12:00 |

Post removed.Why?

Posted by i3lurker > 2020-04-15 12:04 |

Post removed.Why?

Posted by Sslee > 2020-04-15 12:10 | Report Abuse

Haha i3lurker,
qqq3 is actually short Dayang to below 90cents to take out old master KYY by his margin force sell. That sound logical

Posted by ahbah > 2020-04-15 12:20 | Report Abuse

WB said we no know who swim naked during high tide.

Posted by Sslee > 2020-04-15 12:25 | Report Abuse

Have anyone try swimming naked in the pool or sea before? I thought during our children time we swim naked in river.

Posted by qqq33333333 > 2020-04-15 14:03 | Report Abuse

Posted by Sslee > Apr 15, 2020 11:54 AM | Report Abuse

Haha qqq3,
Mind telling us how you single handily take down your old master KYY?
======

u talking nonsense.

its OTB that is cultist....that need to be taken down.

Posted by qqq33333333 > 2020-04-15 14:04 | Report Abuse

me? I didn't do as well as I should .....otherwise, still as confident as ever.....

Posted by ahbah > 2020-04-15 14:08 | Report Abuse

IMF: Malaysia's GDP to grow 9% in 2021, fastest among ASEAN-5 countries

Hidup Malaysia, 2021 !