Well said,Chinese Bank probably the cheapest bank but quality not too bad that I can found for blue chips around the world. 80% ++ of my portfolio are there

The reason of dropping,hmm.. I dunno .But from my observation, most foreign investor unwilling to buy those small H-shares, probvably due to poor corporate governance and a lot of scandal accounting. so those share pretty much owned by the chinese instead of of foreigner. so all have almost similar thinking .

I guess our portfolio pretty much similar then.

Any bargain beside banks? probably insurance and some telco H-share?

OH yea, I forgot about retail and supermarket. I do own them too. For consumer,I only owned very few of them because I think most people hoarding their cash into these stocks. Whilr for construction stock, not really interested...

Yok, from bloomberg data, it is about 1.3.
But for me, uncle buffet once taught us, quote "you no need to know a women's age by telling whether she is old or not". I think these bank are quite cheap without even value them seriously.
The most important is people understand the downward risk of bank.
Beside all the Non performing loan (hardly to tell now,because banks tends doing good when economy good, but bad during people unable to pay loans) issues, Basel 3 will challenge some of the bank's reserve requirement because some of them are overstated due to unqualified capital such as preferred shared is included in their reserve calculation.

Other issues such as convertible bond, while convertible at the premium of these stock certain % of price, will diluting the existing holder. Just make sure those those convertible are not issued price that are too low and with large quantity.

Hope these help

This post has been edited by foofoosasa: Feb 11 2013, 08:28 AM

wah, the volume made me sleepy today. want to trade something...

No tips la, Just want to trade something for fun.
Actually this question is suppose I ask you
but see the volume aiyo

ok noted sifu

Politician like to give sweet promise but seldom execute for (2).

Capitalist spotted .

LOL, today all forumer talking about politics.

Pls talk more I didn't press the "buy" button enough.

I just wish some good correction to few blue chips. Some fresh ammo are ready

We still don't see any GE effect to stock market yet anyway. Anyway just stay away and see how market mood first.

For me, the adjustment of the WACC just to achieve their own object. If the want to value XYZ stock higher, just put the WACC lower. Just pluck in the number to make the value appear inline with their objective .

That why I never trust any research valuation. Pretty bullshit in my opinion.

This post has been edited by foofoosasa: Feb 20 2013, 10:53 PM

Pretty much the same I think, just they back by some "prove" ( pretty bad prove). Probably put in scenario cast like in worst,best or normal etc etc and then estimate the cash flow based on the past year data. Fancy & Complicated.

And their value often get adjust by market sentiments too.

Anyway who are the net buyer the recent weeks?

Guess most of the forumer here already stay away from market already.

Have you ready with your ammo?

but today my portfolio really red

Once market stop, forum inactive again

Labour intensive business should be pretty bad impacted.

if you're boss, you raise some of the worker to RM800, some other more skilled employee, you force to add more wages to them to to make them "comfortable".

But many business owner start to raise price, inflation sky rocket again.

End up ikan bilis like me pay the bill

This post has been edited by foofoosasa: Feb 22 2013, 11:20 AM