Every year at the beginning of the year, investment banks would recommend some stocks which they think would out-perform the market. Maybank, Public Bank, CIMB, TM, Tenaga, Digi, Axiata, Sime, AirAsia etc, the same ones are always on the lists. Nothing wrong with the recommendations as most of them would do well I believe. But the problems of these recommendations are:
1. Almost every investment bank is recommending the same companies, is there any chance that they would earn extra-ordinary return as everyone is chasing the same stocks?
2. Nearly all funds, local or foreign own them because of the liquidity which is good. But if every fund has to own them, won’t the price been chased up long ago to its intrinsic value?
3. Is there any conflict of interest with the investment banks who have funds holding these stocks, or have business dealing with the companies recommending these stocks?
4. Most companies recommended are big capitalized companies. What is the potential of high growth in order to achieve high return in the future?
5. These stocks are well known by everybody in the market, the institutions and retail players. What is the chance that they are selling at bargain price, and hence the chance of high return?
Do you have any hidden gem which is tucked in some where undiscovered, unloved and institutional investors have no mandate or interest to buy them for the time being, and selling at bargain price. The chance to earn 50% return a year, a double bagger, five baggers or even ten baggers. An ugly duckling which would turn to a beautiful swan in the near future? Which one and why?
I think we should just ignore newbie. He is just trying to attract attention. Don't get intimated. As for kcchong, otb and kcloh, keep up the good work.
I sold my PBB @ 13+, Bstead @5+ and change to penny stocks like Multico (62 sen ) tanbun (58 sen ) huayang @ 1.2+ and I can say that I'm very happy with the switch.
look u poor people like cheap stock cos u have the hope of it becoming big one day like pbbank and digi but u think u are investing but all u are doing is gambling. as your shrink what is this disease called.. now u know why u guys are poor and the rich guys rich cos they only buy pbbank petdag and the works.. like i said poor people will neva get it..
if you poor people wan to become rich do that the rich do.. u know why rich people buy houses in damansara heights cos it was expensive then u know where it went much much more expensive but i guess u are poor people its nice to see u guys here trying to become rich with ur gambling attitude
its sad and pathetic to see you guys here talking cheap stock. admin should tell u to talk expensive stock also to be fair after all this is a site where people come to learn and talk so how come u poor people infest this site ?? where are the rich people??
since u expert in exp shares i willing to listen to your recomendation so do please show us wat u got:) please show us about your analyst on exp stocks;)
There is no rich or poor stocks, Just high risk or blue chips. Usually the rich go for blue chips, as there are already there. And they do not have time to think about the high risk stocks. Everyone has to start some where. Start by loosing some money and learn from it. BTW even the rich play penny stocks you may just not know it.
L & G, any comments? Thanks. Posted by oldman > Jul 2, 2013 04:35 PM | Report Abuse
I made some comments on L&G when asked half a year ago as below:
Posted by kcchongnz > Dec 9, 2012 05:53 PM | Report Abuse X Is L&G really such a steal? Of course it is if the story told by Mr Ooi about the 75m profit for the next 8 years for the foresta condo project is correct? That cash flows alone is already worth 400 m or 67sen per share, using a discount rate of 10%. Is that projection correct? How the hell I know?
Let us just forget about the projection, as profit projection 8 years away is a very hazardous things to do, in my opinion. Looking at its financial statements for the last few years, and the last couple of recent quarterly reports, my opinion is that I would have no worries investing in this stock. There have been no loss in the last few years, quite ok in cash flows and balance sheet is healthy. Just worry a bit about its Australian operations, but not too big an issue. Buy the share at 40 sen, much better than many many hot stocks pitched about nowadays. No worry lah. If the story doesn't materialized, it is still ok with that price. If the story comes through, there will be big payoff.
However I change my mine recently due to the unfair RPT of buying the asset from its major shareholder which was not done at arm length. I won't touch this type of company with dubious credibility.
this site should ban all poor people who advocate their crap stocks for their personal benefit. what losers. sad and pathetic. ooi tek kcchong kcloh. all show characteristics of poor people
alx, there is no standard for acceptable price-to-book value. It depends on the type of company, their operation efficiencies etc. Some light asset companies have low book value but high price because their earnings capacity is from their business model, industries and their intangible human asset etc. Some companies have huge asset but earns little. The "book" value is also often an accounting value which is historical, or far from its realizable values, or its replacement value etc. So many analysts do not rely on P/B to make decision.
Price-to-book is more meaningful for banks where assets and liabilities are marked to market. Acceptable P/B for banks also depends on the return of equity of the banking business. For example, if the ROE is 15% and my required return is 10%, an acceptable P/B value may be 1.5. Just an example.
Whereas for a company like Jobstreet which earnings are not dependable on its real assets, P/B of 5.8 may not be expensive as it has a ROE of 27%.
fakes sifus=kcchongnz kcloh ooi tek cos they advice people to play little stocks that are cheap below RM3 cos they are poor and like to see that they have many shares in their CDS. they neva talk about RM15 RM10 worth shares because these poor people can ony get a few shares. u look at the PE ratio to see la. pathetic poor people making other people poor also.
pathetic poor sifus should be banned from this site for being stupead!!!!! analyse maybank la PE low also what about cimb la. these are not gems ah??? ur hidden gems are like ur nuts will always be hidden. cheats all cheats kcloh kcchongnz ooi tek
pathetic poor sifus should be banned from this site for being stupead!!!!! analyse maybank la PE low also what about cimb la. these are not gems ah??? ur hidden gems are like ur nuts will always be hidden. cheats all cheats kcloh kcchongnz ooi tek
Posted by newbiestock > Jul 3, 2013 11:23 AM | Report Abuse fakes sifus=kcchongnz kcloh ooi tek cos they advice people to play little stocks that are cheap below RM3 cos they are poor and like to see that they have many shares in their CDS. they neva talk about RM15 RM10 worth shares because these poor people can ony get a few shares. u look at the PE ratio to see la. pathetic poor people making other people poor also.
i own maybank shares dumbo! need listerine to gargle that stink hole of yours? :)
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....
Posted by kcchongnz > 2013-01-04 07:26 | Report Abuse
Every year at the beginning of the year, investment banks would recommend some stocks which they think would out-perform the market. Maybank, Public Bank, CIMB, TM, Tenaga, Digi, Axiata, Sime, AirAsia etc, the same ones are always on the lists. Nothing wrong with the recommendations as most of them would do well I believe. But the problems of these recommendations are: 1. Almost every investment bank is recommending the same companies, is there any chance that they would earn extra-ordinary return as everyone is chasing the same stocks? 2. Nearly all funds, local or foreign own them because of the liquidity which is good. But if every fund has to own them, won’t the price been chased up long ago to its intrinsic value? 3. Is there any conflict of interest with the investment banks who have funds holding these stocks, or have business dealing with the companies recommending these stocks? 4. Most companies recommended are big capitalized companies. What is the potential of high growth in order to achieve high return in the future? 5. These stocks are well known by everybody in the market, the institutions and retail players. What is the chance that they are selling at bargain price, and hence the chance of high return? Do you have any hidden gem which is tucked in some where undiscovered, unloved and institutional investors have no mandate or interest to buy them for the time being, and selling at bargain price. The chance to earn 50% return a year, a double bagger, five baggers or even ten baggers. An ugly duckling which would turn to a beautiful swan in the near future? Which one and why?