EVERY CHILD IS A CHAMPION "We always hear about gifted autistic children, which only account for 1%. Don't forget that the rest 99% autistic children are also talented, in their own capacity" Stony Chairman of Cap Ayam.
Cap Ayam is also special gifted children. This also hold true for the ordinary autistic children. Don't forget that the rest 99% autistic children are also talented, in their own capacity" Stony Chairman of Cap Ayam.
Why superman no more posting his "facts and in figures" in Capital A forum? Chicken out when he saw the Cat there or lost his crocodile underwear ke? Wakakaka
I have just seen Sslee true face. Wow. Sslee is 50% almost the same face as Chow Yuen Fatt. No wonder Sslee uses Chow Yuen Fatt picture in his i3 photo. Sslee, as I suspected, you are truly Handsome. That’s my verdict for you.
Don’t be jealous when I say Sslee is 50% almost the same face as Chow Yuen Fatt. No wonder Sslee uses Chow Yuen Fatt picture in his i3 photo. Sslee, as I suspected, you are truly Handsome.
I purposely posted i bought CapitalA for you. Wanna let you realise, if figures alone could make a successful investor, then all accountants would be millionaires. As you highlighted, business sense. So far in i3, Philip has business sense. Grand Pine Alfred Chen has business sense. Of course Warren Buffett has business sense. That's what differentiate average investor and good investor.
Hmmm.....Philip has business sense???? U reminded me of Philip's loyal PLP retaxd Lao Fu Zi
Good morning CharlesT. I don't normally respond to non sense. I respond to you because i reckon you are an intelligent fellow. I could understand why you or SSlee picked on Philip. His words are harsh and he is cocky as hell. He once belittled me when i jokingly said i would be willing to become JAKS CEO with a 500k salary. He only shut up when i said i was JAKS top 30 share holder. Have i changed my opinion about Philip? No. Would that changed my opinion that he is good at investment long term? No. Your personal emotion should not affect your judgement of a person. If you do that in your career or business, you won't excel. Funnily, i believe Philip kept attacking Insas because he cared about SSlee
Some facts and figures on Philip’ business sense. Philip sold his in-law Public Bank shares and bought Pchem on 04/01/2019 1,495,200 shares at per share RM 8.18. By the end of 2019 he is holding 2,463,000 shares at average per share RM 7.911 or per share ex dividend of RM 7.699
He sold TOPGLOV: Date: Units: Price (RM) 23-Mar-2020: 120,000: 6.20 27-Apr-2020: 500,000: 7.32 12-May-2020: 500,000: 8.00 14-May-2020:400,000: 10.32 15-May-2020: 523,800: 10.20 And average down Pchem 02-Mar-2020: 580,000: 5.20 10-Mar-2020: 700,000: 4.35 20- Mar-2020 750,000: 4.09 12-May-2020: 400,000: 5.43 15-May-2020 500,000: 5.43 At 15-May-2020 he holds 6,343,200 shares at average cost per share RM 6,234 or ex dividend per share RM 6.114
stockraider U all must know mah! Pchem is a cyclical stock....generally good performance cannot sustained loh! 07/03/2023 8:03 PM
He not even knew petrochemical has it boom/bust or up/down cycle and comment in Maybank forum:
Posted by Philip ( buy what you understand) > Feb 1, 2023 1:30 PM | Report Abuse the funny thing if we think about it,
MBB is giving out 85.1% of its profits and can only give 57.36 cents of profits to shareholders, while pchem only gives out half its profits at 48.6% and still pay out 48 cents, the difference is pchem is selling to the entire south east asia while mbb is only allowed to do business mainly in malaysia. Pchem can still grow much much more while pay out a good dividend with more money to spare for growth and is only 66 billion, which is a fraction of the value of its worldwide competitiors with incredible profit margins and lack of competitors. if korea can give 10 year bonuses to its refinery staff, how about pchem?
This was rebutted by: Posted by prudentinvestor > Feb 1, 2023 3:59 PM | Report Abuse Investors are giving Maybank a higher valuation than Petronas Chem for some reasons. Maybank's earnings over the past 12/13 years has been very consistent, averaging around 70 sen a share. Dividend per share has never dipped below 50 sen, averaging about 56 sen a share. PChem earned only 20 sen share in 2020 and 35 sen in 2019. Its eps exceeded 90 sen in 2021 and I expect it to exceed 90 sen again in 2022, all because of high oil prices. DPS for 2019 was 18 sen and for 2020 was 12 sen. Just can't compare with Maybank
If only Philip listens to my noble advice on not selling TG too early in Mid 2020, not buying more Serbak in 2021 (after listening to the insiders of Serbak), not buying Harta too early during end 2021, he could at least earns n lose less RM50M (or more)
Mental model 1 - How to build a network At the beginning of my career, when I was invited for lunch by mr Kuok personally, we were happily having our meal and I was thinking that I was a brilliant up and coming corporate guy (working for a japanese company at the time in Singapore), I was thinking that I was very witty and funny and intelligent that kuok wanted to eat lunch with me instead of my boss
Mental model 2 - How to get married It was simply the best meal I have ever had in my entire life. Oh, did I mention also that there was 2 other people getting married at the same banquet hall that Mr Kuok prepared and paid the expenses for?
Mental model 3 - How to run your business I was less than number 6 now. I gave a few viewpoints, which he then said, ok later we have lunch and discuss further. Boss was not invited, which was really problematic for me later on.
It was during lunch when I learned my next big mental model, I remember it very very clearly.
"Philip, the most important thing to learn in business is to know who you can trust. If you cannot trust the person, even if you can make hundreds of millions, it is not worth the trouble. And if you know you can trust them, even if they are more expensive, the benefit will make it worth doing."
Know what wrong with above Philip Mental model/business sense? My company has a very clear policy never meet/do thing with business associate behind the boss back, never accept any gift from business associate and if you need to have dinner with business associate then you pay the dinner and not the business associate.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 712 views | 4 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13998 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
StartOfTheBull
7,752 posts
Posted by StartOfTheBull > 2023-04-12 16:51 | Report Abuse
This is called da yin zai uh yu mor sion (proverb in Cantonese) meaning "After the funeral kick out the monk"