QUOTE(plumberly @ Feb 27 2014, 11:58 AM)
OK, Sifu, will give it another go on the middle chapters.
Cheerio.

Please don't call me that....
Plus I am NOT an investor...
Every now and then...
you will see me trading one or two cartoonic stocks.

And strangely.. I hardly trade any stocks based on 'value asset play'.....

For me, PROFIT GROWTH is the the biggest ASSet in value....

Ask yourself this...
you can have a company...
very valuable in assets.......
but the managers....
eat full sell pau....
every year...
meet same sales target .... cukup....
cos they focused on being well managed and very conservative and not risk adverse to new business challenges.....
so year in year out...
they churn out lebih kurang same profits....
market? see them as boring...
profits every year same only....
so they no buy...
stock slowly drift lower....
and suddenly the company becomes a 'VALUE' stock.
Is that value to me?
Is that what I can a valuable company?
My answer is no.
Company is sitting on their backside and not making any effort to improve.