YTLP rose only 16% in 2009 (would be higher if dividend yield included) but still trailing behind KLCI. With the huge capex expected for wimax biz this year, price will not have much upside

This post has been edited by kchong: Jan 6 2010, 09:40 AM

Divident counters are good shelters during down economy but in bull market, they will be mostly ignored as risk appetite return.

Better don't talk about glove couunters here - otherwise will be accused of hijacking the forum by YTL fans Anyway, Hartalega rose a whopping 50 cents today to RM6.70. Hope u had bought into it. It's the most promising and the only glove counter I'm heavily invested in Will hold on to this counter forever like Coke to Warren Buffett

This post has been edited by kchong: Jan 6 2010, 06:43 PM

CIMB issued a detailed research report on glove industry this morning giving the sector an overweight rating. Valuation for all counters were also revised upwards to 16x PE. Adventa and Supermax were their top picks but do your personal homework b4 investing. Caveat emptor. Shortly after the report got digested by investors, all glove counters saw heavy trading volume. If you've identified a company in the sector with the best intrinsic value and competitive advantage, maybe you might want to hold on to no more than 2 counters at the same time. My personal choice is Harta due to its distinctive competitive advantage compared to the rest, just my personal 2 cents' worth.

This post has been edited by kchong: Feb 1 2010, 09:35 AM

delete

This post has been edited by kchong: Feb 18 2010, 03:54 AM

In less than 6 months' time, Genting Singapore price doubled. Short term price weakness should be fully exploited by investors. Afterall, best time to buy shares is when everyone is fearful.

I told someone here (you know who u r) a year ago Harta and Genting would outperform YTLP by miles but he was too self-focused trying to talk up the price of YTLP in this forum ;p Time just told u the truth. YTLP, while fundamentally ok, has very lousy ROE. In up economy like now, don't be sentimental and cling on to a stagnant steamroller. Intelligent investor should know when to rebalance portfolio for higher incremental return

This post has been edited by kchong: Sep 15 2010, 07:25 PM

Aiks... Don't be influenced by anyone in your investment judgement (me included). Everyone has different investment style and risk appetite. Hope you've found your sweet spot. Don't let anyone in this forum to talk you into believing YTLP (and Francis Yeoh) is the next best thing in life after god.

While 10% cap gain in 5 months time is impressive, are you aware that YTLP actually under-performed KLCI? You could hve invested in an index-linked fund (much lower risk) and yet reaped higher return compared to YTLP. Hard fact to swallow but it's true. Btw, if you keep your money in FD instead of rebalancing your portfolio for higher incremental return, it's better off staying invested in YTLP. Happy investing.

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Added on September 19, 2010, 9:45 amAiks... Somebody copied my portfolio after proudly claiming he won't follow what I wrote in this forum about RCE, Harta, Genting etc. Hipocrite


This post has been edited by kchong: Sep 19 2010, 09:45 AM

Year end again. I issued out an open challenge to Skid, Darkknight & June a year ago that YTL Power is a lousy stock and I'll prove it with results at the end of the year that my stock pick will outperformed YTLP. Time to take stock of portfolio

In 2010, KLSE rose 19.5% vs 2009 closing index.

Genting beats KLSE, up 52.5% year on year. Second best performing stock in my portfolio after Txxxxxx. Party just started. New York racino starts operation in 2011 + Sentosa casino expansion kicks in + Hoi An casino = Super Profit in 2011.

Hartalega beats KLSE, up 30.2% year on year. Could have been better if not due to the high latex price and the negative sentiment affecting the glove sector. 2011 will be an interesting year for Hartalega to gobble up the weaker glove manufacturers like Adventa and Latexx. The other guys will be finished by next year when commodity superbull run sets in momentum and wiped off the profit margin. Hartalega is the only manufacturer insulated well against this effect as butadiene is not linked to oil/latex price. In fact, the higher the price of latex goes, the higher the price of latex gloves will be, making them totally unable to compete with nitrile gloves. 2011 and beyond will see this stock at the top of my portfolio.

This is for Skid, Darkknight and June. Talk is cheap and I've told you against talking like an expert trying to confuse other readers of your amateurish analysis. There are many people following this thread and you're not doing them a favour. Prove with concrete facts and numbers. See the attached charts and get sober up.

YTL Power is a laggard, underperforming KLSE and merely up a lethargic 8.4% year on year vs KLSE 19.5%. Btw, Francis Yeoh is totally out of this mind and loss focus. First it was Wimax, then oil trading and now oil shale. Run for your life while you still can. YTLP is a sinking boat

This post has been edited by kchong: Dec 31 2010, 02:30 AM


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Property stocks will still have steam ahead. There's one counter that attracted the Templeton Fund. That's the only property stock in my portfolio now. TAGB is not in my radar as the management team don't earn my trust. Tony Tiah's history is not very clean. Likewise witk VT. I treat stock investment as part ownership of a company. If I don't feel comfortable going into business with someone, I will not invest even a single share in the company.

But in all fairness to Francis, don't think we can compare him to VT. Both men have very different business ethics.

Banking, plantation, oil and gas will do quite well. Hartalega will also do better in 2011. Flu epidemic just broke out in the states and Europe. Demand likely will shoot up.

Avoid airlines at all cost. 2011 will be challenging year ahead

Answer to you questions below:


Dividend not factored in. If you want to count beans, one could have gone even further to calculate CAGR with interest reinvested based on actual date the dividends were paid out. Francis is very fond of using this method in his address to shareholder. Even if you do that for YTLP, it still can't beat KLCI (and certainly not Genting and Hartalega even if I forego dividend from both stocks to give you a head start)

Rhethoric questions. No comment. Fact is YTLP did not perform on par against the broader market index
The KLCI is a representation of a basket of companies best representing Malaysian economy. Perhaps you can come up with a better benchmark? The comparison span over 5 years' period. Yet, YTLP never did perform better than KLCI in that 5 years' period. One could have invested in an index-linked fund with much lower cost and risk and yet reaped higher return compared to YTLP. Beats me why there are still people willing to get exposed to YTLP when it started dabbling in wimax and oil shale. ROI is below par and you're exposed to high business risk.

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Added on January 2, 2011, 2:48 amCalm, TAGB does have some very good land banks especially the one at Imbi, Sri Damansara and Australia. Beside equity, I also like to have direct ownership of properties rather than owning property stocks/reits. But that's my personal investment preference. Most of my properties appreciated more than 20% in the last one year alone and it's causing some concern as I don't think this is sustainable

Just be mindful that post 2012 might see some asset bubbles popping like the one that triggered the sub-prime crisis. Cost of raw material is also rising rapidly and might eat up into developer margin if they are not careful. Cheers

This post has been edited by kchong: Jan 2 2011, 02:48 AM

Delete


This post has been edited by kchong: Apr 30 2011, 10:30 PM

What a dumb statement to cover up your ass. There's no logical justification for investing in a high risk business for low return. Period! Such a lame excuse only show you are running out of idea. Pls don't portray yourself as having high investment EQ.

I noted even right before you "claimed" to have sold off YTLP, you were still making very bullish statements about the prospect of the company and making "buy" recommendations in this forum. That's very dirty and very unethical. There are many young investors here trying to learn and you're creating this trap to hoodwink them into parting with their hard earn money to support the price so that you can off load your shares.

Now the readers here will know how full of shit you are

Delete

This post has been edited by kchong: Apr 30 2011, 10:32 PM

This post has been edited by kchong: Jan 9 2011, 11:08 PM

Another year ended. Time to take stock of my open challenge to Darkknight on Hartalega vs YTLP performance. The attached charts are self-explanatory. Hartalega scored much more superior return than YTLP in the two years I issued this open challenge. Talk is cheap. Eat your words.






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