“Inventories are finished goods sitting in warehouses looking for buyers“.- Calvin Tan. I read until here and I can’t proceed further. He is not entirely wrong, but how BIASED he is.
Anyway, I think if he takes basic account in SPM, I don’t think he will pass.
there is a violent shake up in the global electronic industry,even iphone stock plunged heavy,in US market, nobody able to see what the ending will be;as the Trade War,is widening and no end in sight.
Calvin, can u come up with write up about a counter that u think is undervalue, prospect is good and very likely to be multi bagger. Most importantly, that u actually f*cking buy.
Like how CYF did his analysis when it was RM1.
Do so much “research” and Talk 3, talk 4 but never buy anything. Better talk cock la like this.
Primary objective in investing is to make money. Secondary objective is don’t lose money. For some weird reason, u had it the other way round.
qqq3, My “insider” says Mr K collaborate with Mr T to bring the TP to come sooner.
Between now and 3 quarters from now, there will be a lot price volatility to make money from Technical and good safety net of fundamentals.
Bcos, with DCF, if the valuation is Rm6 in next 6 quarters, we can either slowly wait until it reach RM6 6 quarters later or drive the price up to RM5 and let in drop to RM3 and pump to RM5 again.
In between RM3 and RM6, can make many many rounds of RM2 before eventually exit at RM6. The real dumping ends when the profit stops.
Don’t be surprise to see the same punters around from opposite ends bickering at one another. Price volatility itself is opportunity.
No point argue with each others... Let be friends rather than enemies... U can give suggestions to others so everyone can gain or invest the counter which good facts... I aslo learning fr u all the sifu here... Wish u all a nice day....
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....
calvintaneng
56,709 posts
Posted by calvintaneng > 2018-11-24 18:24 | Report Abuse
Lessons from catching frogs
1) Painstaking preparation of making a bamboo trap
2) Dig a hold near river bank where frogs are
3) Disguise the trap by burying it in mud and cover it well so that frogs are unaware
4) Make a trap door
5) Get white termites as bait
6) Finally frogs are caught
7) And cooked over the fire
The characteristics of a company wanting to con people will exhibit these traits
1) Long preparation )book cooking)
2) Elaborate concealment
3) Hiding flaws or keeping out any suspicion or doubt
4) Setting the trap
5) And piling the bait (Bonus issue)
6) Catching unsuspecting prey
7) Prey is caught
See
https://www.youtube.com/watch?v=o5gdSZvR5NI