2 months until the big drop, according to fengshui chart. 

Since the previous QE 1 and 2 did make gold up and raise inflation, many thought QE 3 will do the same. Surprisingly, it didn't. Until now, I still can't figure out why. Probably because when QE 3 happens, central banks across the world are much stronger with enough US$ to neutralize the effect? 

Seem like not many IB write research paper on this is it?

For Brewers Lovers. 

Salary out 
Wish I have RM2mil. Then I can buy dividend stock, earn 5% to 6% dividend. That's RM100k to 120k tax free income. Then I can retire. But I'm still loooooooooooooooong way from my target 

When I have RMx,xxx net worth, I'm living on RM15 a day (excluding the Perodua loan installment)
When I have RMxx,xxx net worth, I'm living on RM18 a day (excluding the Toyota + double storey house loan installment)
Now I have RMxxx,xxx net worth, I'm living on Rm22 a day if I did not go out mabuk (excluding the BMW + bungalow loan installment)

 
But as a newbie memang ouchie kena this time

The red bean pao delicious?
Just now after lunch for chicken rice (bird nest rice),
I wanted to to order one but sold out.
You are making me hungry.

Ok here's my DCF valuation for Apollo.

For those interested to use DCF as a valuation tool....there are restrictions in the model.

1. Growth rate cannot be more the discount rate. This caused high growth company cannot use DCF calc. Also high capex companies cannot be accurately valued.
2. Varying discount and growth rate  can affect the results. Growth rate and termination rate can be very notorious to predict.
3. Since item 2 is hard to get right, usually a margin of safety is used to round off any errors.
That being said, DCF is mostly suitable for aging, company, with more or less predictable earnings without much growth due to the limitations.

NESTLE                  65.50 to 67

I am both a long term value investor and position trader, not
a day trader. But I have found that knowing the likely short-term
support and resistances have helped me avoid buying near peaks or
when prices are about to come down a lot or getting stuck in long
sideways trends. Has also helped me to avoid large losses by selling
before potential crashes and to get big gains by not selling too
soon in likely up-trends. Signals are not accurate all the time but
they have helped me make money by keeping losses small and
capturing some big gains. I am able to take some profits and enjoy
them while waiting for my long-term investments to give me dividend
income and potential capital appreciation.

"Wow ! Expected RM 20/share gain is a lot. Can you share how did you arrive at
this valuation for Nestle and how much time is needed to reach your target ?

Volume traded is still low.

Why are people not rushing in to grab this now ?

TA is just an additional tool to help me make decisions when to
buy,sell or hold. Only an extra guide, better than simply buying
or selling without it. TA works quite well with high volume counters.

I would not rush in to buy Nestle now. Want to wait to see today's closing
price chart."

The above was posted by me at about 12.36pm today. Please reply and share how
you arrived at RM20/share expected capital gain. Forum members, hope
you can get river.sand to share his AMAZING knowledge.

Nestle has gained RM 1.38 today. I  will not chase the price now because it
has gained so much, so fast. I am really interested to know how river.sand
arrived at potential capital gain of a MASSIVE RM 20/share, which means a
FANTASTIC target price of more than RM 88/share .

Looks like foreign funds like Aberdeen, Mitsubishi etc were busy disposing stock.

GAB, AEON, ORIENT, UTDPLNT, PANAMY etc

Today I accumulate another 100 shares of Nestle.

Why need go so far? We also have "Little Hatyai" right in the middle of Klang Valley nowadays

MBSB can 25 years because they are not banks.

Banks only can 10 years for personal loan.

Meaning MBSB is standing in a very good position and winning all others conventional banks.

Boarding at MAS A380 to London, at least 80% occupancy rate and still wondering how MAS report loss year and year

You remind me EPF provide "loan" to MAS last year..............

no pay back date line, so this "loan" is foc?

I don't understand some route like Pg-Sg, MAS doesn't have direct flight at all.

Passenger want to go to Sg, either take Airasia or Silkair.
Silkair has 4-5 flight daily from Pg-Sg, if this is not profitable route, I do not think Silkair has so many flight daily.

Bare in mind, a return flight ticket of Silkair range from Rm500-800. This is only an hour flight journey.
So why Mas do not offer such a route?

Because most of the Silkair passenger will use Singapore Air to fly elsewhere once reached Changi. I think not many seats are taken purely by those just Spore-Pg. I believe this less than 45 minutes flight might not be profitable, if you do not have the continuous route to elsewhere like US, Japan etc. Good thing about Silkair is you might get the chance to sit next to the air stewardess