Same category as Tun M. Once a while, we'll not, very often said something just to make himself felt relevant to the worldly world. He should stop looking outward, look inward for inner peace at his age. That he can bring forward, not AYS or Supermax.
uncle KYY, you see, the whole world is scolding you. Old-timers are scolding you. Strangers among strangers are scolding you. Enemies are united in scolding you.
Kyy used last two quarters eps, annualised it and then projected it into perpetuity as though the company he was pumping will stay at the height of its earnings power forever. To win your trust, he gave you discount, and the price he targets is still 100% or more from the current price.
He used this kindergarten trick again and again. Steel is a highly cyclical industry lah and when the downtown strikes it can go on making losses year after year as proven by past record.
Smart investors continuously assess what its maintainable eps may be for the next 10 years, having factored in the inevitable future steel downturn and prescribe a fair value accordingly using discounted cashflow method.
sense maker Kyy used last two quarters eps, annualised it and then projected it into perpetuity as though the company he was pumping will stay at the height of its earnings power forever. To win your trust, he gave you discount, and the price he targets is still 100% or more from the current price.
He used this kindergarten trick again and again. Steel is a highly cyclical industry lah and when the downtown strikes it can go on making losses year after year as proven by past record.
This kindergarden tricks is copycat fm OTB....n it works well in many cases....lol
If all retailers against the stock he posted, then he will eat grass for sure. The best if fund managers against him, short his selection kao kao. That time he only can feel what retailers or newbies felt from his actions
Just ignore the Geezer. He just want people to know he has bought the share and hope traders will jump in. If no one knows what he buys, then he will be just another mediocre in the market place and he thought he was a Super Investor.
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Posted by Yu_and_Mee > 2021-10-28 20:07 | Report Abuse
not CHEAPest but CHEATest by your name