Posted by 3iii > 2019-01-24 22:59 | Report Abuse

http://www.investlah.com/forum/index.php/topic,74140.msg1455036.html#msg1455036

A thread on using this check list.

Posted by 3iii > 2019-01-27 08:15 |

Post removed.Why?

Posted by 3iii > 2019-01-27 08:37 | Report Abuse

INSAS

Cash and equivalent. 882 m

Short term debt 321 m
Long term debt 201 m
Total debt 521 m


Account receivables. 544 m
Inventories 23 m
Account payable. 46 m



Retained earnings
818 m (2018)
734 m
560 m
491 m
407 m. (2014)


DIVIDENDS
6.630 m (2018)
6.630 m
6.630 m
6.630 m
6.642 m (2014)


Free Cash Flow
126.5 m. (2018)
(16.997 m)
1.447 m
7.051 m
5.127 m. (2014)

Posted by qqq3 > 2019-01-27 12:06 | Report Abuse

Big Ben lives in a different era, different country, different laws. His guidelines not meant for modern conglomerates, don’t even have equity accounting of Associate Companies during his time. 1920/1930 Wall Street, no internet and no readily available information , people simply tembak only.
On Insas. Insas NTA, profits , reserves over the years is based on accounting profits of Inari. And this is no longer available now that they have sold down Inari to below 20%.
Forget Big Ben….he is no longer relevant…
Peter Lynch is better, he is good.

Posted by stockraider > 2019-01-27 12:10 | Report Abuse

It is universal mah....!!

1 plus 1 = 2

2 plus 2 = 4

U mean people staying in usa...n msia get diff ans ??

Or people in 1939 and 2019 will get differ fig when adding up leh ??

Don be foolish to give ur stupid comment loh...!!

Posted by qqq3 > Jan 27, 2019 12:06 PM | Report Abuse

Big Ben lives in a different era, different country, different laws. His guidelines not meant for modern conglomerates, don’t even have equity accounting of Associate Companies during his time. 1920/1930 Wall Street, no internet and no readily available information , people simply tembak only.
On Insas. Insas NTA, profits , reserves over the years is based on accounting profits of Inari. And this is no longer available now that they have sold down Inari to below 20%.
Forget Big Ben….he is no longer relevant…
Peter Lynch is better, he is good.

Posted by stockraider > 2019-01-27 12:42 | Report Abuse

WHY 3iii GOT INVESTMENT ANALYSIS TOTALLY WRONG LEH ??
BCOS HE HAS OVERLOOKED THE 'R' FACTOR MAH...!!

INSAS ACHIEVED 8 OUT OF 10 MAH

Posted by 3iii > Jan 27, 2019 08:15 AM | Report Abuse

ONE PAGE QUICK ANALYSIS OF A STOCK
An Aid to your Stock Selection
COMPANY NAME: INSAS
DATE OF ANALYSIS: 27.1.2019

For each question below, answer YES or NO

Criterias

Risk
1. Earnings to price (the inverse of P/E) is double the high-grade corporate bond yield. If the high-grade bond yields 7%, then earnings to price should be 14%. YES THE PE OF 6X GIVEN YIELD EXCEEDING 17% PA
2. P/E ratio that is 0.4 times the highest average P/E achieved in the last 5 years. NO...3iii GOT IT WRONG LOH THE HIGHEST AVG PE IS 17X.RIGHT ANS IS YES LOH...!!
3. Dividend yield is 2/3 the high-grade bond yield. NO
4. Stock price of 2/3 the tangible book value per share. YES
5. Stock price of 2/3 the net current asset value. YES

Financial strength
6. Total debt is lower than tangible book value. YES
7. Current ratio (current assets/current liabilities) is greater than 2. YES
8. Total debt is no more than liquidation value. YES

Earnings stability
9. Earnings have doubled in most recent 10 years. NO...3iii GOT IT WRONGLOH....INSAS EARNINGS MORE THAN DOUBLE MAH...ANS YES
10. Earnings have declined no more than 5% in 2 of the past 10 years. NO


If a stock meets 7 of the 10 criteria, it is probably a good value, according to Graham.

If you're income oriented, Graham recommended paying special attention to items 1 through 7.

If you're concerned about growth and safety, items 1 through 5 and 9 and 10 are important.

If you're concerned with aggressive growth, ignore item 3, reduce the emphasis on 4 through 6, and weigh 9 and 10 heavily.


YES 8
No 2


3iii
4744 posts
Posted by 3iii > Jan 27, 2019 08:37 AM | Report Abuse

INSAS

Cash and equivalent. 882 m

Short term debt 321 m
Long term debt 201 m
Total debt 521 m


Account receivables. 544 m
Inventories 23 m
Account payable. 46 m

Retained earnings
818 m (2018)
734 m
560 m
491 m
407 m. (2014)


DIVIDENDS
6.630 m (2018)
6.630 m
6.630 m
6.630 m
6.642 m (2014)


Free Cash Flow
126.5 m. (2018)
(16.997 m)
1.447 m
7.051 m
5.127 m. (2014)

Posted by qqq3 > 2019-01-27 13:57 | Report Abuse

Big Ben's time.....that is when one eye jack is King, people simply tembak.

That is why a checklist becomes such a sensation.....

still relevant today?

Posted by 3iii > 2019-01-27 14:25 | Report Abuse

qqq3

Yes, still relevant to guide your selection and investing. Focus on the most important.

Posted by qqq3 > 2019-01-27 14:34 | Report Abuse

what drives share market? What drives share prices for us to make money?
emotions, judgments,
S =Qr
judgement about execution, about the potential of the idea/ company.

judgement about reputations and associated stories

how to improve judgments? Read widely, live life to the fullest, critical thinking and reflect.

Posted by probability > 2019-01-27 14:48 |

Post removed.Why?

Posted by qqq3 > 2019-01-27 14:51 | Report Abuse

probability > Jan 27, 2019 02:48 PM | Report Abuse

qqq3 is the dark horse of investment theory in i3...
=============

its called never accept status quo

Posted by 3iii > 2019-01-27 15:22 |

Post removed.Why?

Posted by qqq3 > 2019-01-27 15:32 | Report Abuse

simply put...for long term investors, for genuine investors, should just focus on the 5% of the companies whose Q is impeccable, trusted, reliable....then allow the Company and shareholders to fully enjoy the r.......

All the r in the world also no use if Q is questionable.

Learn to say No....already half a winner.....

Insas? Insas has questionable Q...why even bother?

Posted by Icon8888 > 2019-01-27 15:34 | Report Abuse

you spent so much time with 3iii day talk night talk, one day you will fall in love, ditch your wife and run away with him

Posted by probability > 2019-01-27 15:36 | Report Abuse

we know there is vaginal sex, oral sex, anal sex, sexting...now we have also this thing call verbal sex..

we need a law to prevent this kind of promiscuity online

Posted by Icon8888 > Jan 27, 2019 03:34 PM | Report Abuse

qqq3 you spent so much time with 3iii day talk night talk, one day you will fall in love, ditch your wife and run away with him

Posted by Icon8888 > 2019-01-27 15:48 | Report Abuse

And both cum at same time discussing Ben Graham ?

Posted by qqq3 > 2019-01-27 17:22 | Report Abuse

not every thing is about money, a lot of things is about Q.

Posted by 3iii > 2019-01-27 18:48 |

Post removed.Why?

Posted by 3iii > 2019-01-27 20:36 |

Post removed.Why?