oldtown, astro, aeon, walmart, coke are some of the long term investment i am looking at. They all have wide economic moat can defense against competition and market. I will buy them when their price reached my intrinsic value. Think of 100 years, they will still survivr

If I am not wrong here... 

Cyclical stock like steel, they have very short profitability one.
So the best time to buy, you buy when they are losing money, or have hardly any earnings.
When there is hardly any earnings, the PE will be high.

When the earnings turn around, the earnings for steel stocks comes in big lump sump.
So the PE will suddenly turn from high PE to low PE.
Anc because the good times for steel stocks tends to be short lived, you then should probably sell when the PE is low.

You probably can use CSCSteel as a reference.

A century ago, there was a quoted called if you want to be a billionaire, buy airlines. Nowadays, airline industry are hard to manage, power of trade union, highly geared balance sheet, government intervention, stiff competition from no frills airlines are all the threats.

Airasia is blessed because has a bunch of capable and competence management team. They really knows what they doing when hedging on fuel price movement.
Airlines is an industry required smart management to operate, but i cant guarantee if there any good succession plan in 100 years later. I want an investment where even dumb management can also run it successfully, because in someday ahead, it will have one.

MAS is bureaucratic and appointment not based on meritocracy. I dont see any competency in jauhari yahya. Corporate turnaround seldom turn

oldtown, astro, aeon, walmart, coke are some of the long term investment i am looking at. They all have wide economic moat can defense against competition and market. I will buy them when their price reached my intrinsic value. Think of 100 years, they will still survivr

Oldtown faces competition from Pappa Rich and other imitations.
The other stocks you mention do indeed have wide economic moat, but that doesn't guarantee their survival 100 years from now. Walmart is challenged by amazon.com.

MASTEEL boleh kah boss? 

Concerning Oldtown .

Do their restaurants really making good profits, or something else 

I do not know, but I doubt so.

For Astro, their future threat going to be cable TV, and monopoly using political connection is not going to last in long run.

You still have to monitor the external environment and management to make judgement on your holding, there is no certain things in 10 or 100 years time. Many things can be happen and turn the table to their competitor.

You ask me meh?

I should be the one asking you already.     

i saw some 'news' said if they do good in hk, the price is about x2 of share price now

i means, i saw*

One new one  coming out 50 channels for rm 30.

BTW Maxis is up for sales, next could be Astro.....

u hold 1 stock until die geh....

i hold 30second i throw them like hell already.... 

so have to ask ur long term view mah.... 

For Astro, their future threat going to be cable TV, and monopoly using political connection is not going to last in long run.

You still have to monitor the external environment and management to make judgement on your holding, there is no certain things in 10 or 100 years time. Many things can be happen and turn the table to their competitor.

this will benefit consumer

I mean what is the main source of their profit , coffee powder  or restaurants ?

Concerning Oldtown .

Do their restaurants really making good profits, or something else 

I do not know, but I doubt so.

The concept of restaurant is not new, just the taste maybe??

No, it's the service or environment. We go to mamak stalls to watch EPL, or Starbucks to kill time.

One new one  coming out 50 channels for rm 30.

BTW Maxis is up for sales, next could be Astro.....

Concerning Oldtown .

Do their restaurants really making good profits, or something else 

I do not know, but I doubt so.