I find CanOne more attractive valuation wise because of their higher profit margins for dairy division and also their stake in KianJoo which worth more than their maeket cap. The plus for Johotin is their expansion plans for the dairy division.
Last time I also very sensitive. After conveying negative findings to some forum members (about a particular stock), I quick quick delete for fear of adversely affecting share price and hurt others
Now I think that is a bit overdone
We should strike a balance.
It is ok to share negative information or voice out concerns, as long as not done with ill intention and / or vindictiveness
Negative views with facts and fair opinions are always welcome. Let the readers judge before committing their $. With a price tag below 1.50, PE below 8 and a DY of 4.7%, Johotin is a counter to watch.
one good example is Bintai. I attended its AGM recently. The CEO mentioned that they import air conditioning units, boilers, etc from overseas and pay US Dollars. He said strong USD will hurt profit.
I on the spot sold mine at a loss (32 sen)
But I hesitate to convey the message to i3 members, scared that it will trigger a stampede
but now Bintai share price has dropped to 21 sen
The lesson learned is that not all negative comments hurt people, sometime it will help
it is a very complicated and fluid issue. Nobody has the right formula or solution
but overall, in my opinion, as long as your negative view is conveyed not with hate and vindictiveness, it is ok to do it
after all, free speech promote a healthy environment in the forum. We should defend it
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....
yfchong
5,853 posts
Posted by yfchong > 2015-08-26 21:00 | Report Abuse
Bravo kau Tim Liao.......