Comments for I'll do it myself http://illdoitmyself.wordpress.com All men's miseries derive from not being able to sit in a quiet room alone. - Blaise Pascal Sat, 14 Nov 2009 13:47:05 +0000 http://wordpress.com/ hourly 1 Comment on What’s wrong with Raffles Education Corp by nicknick http://illdoitmyself.wordpress.com/2009/11/08/whats-wrong-with-raffles-education-corp/#comment-387 nicknick Sat, 14 Nov 2009 13:47:05 +0000 http://illdoitmyself.wordpress.com/?p=376#comment-387 be careful.. do not put it plainly and explicitly that they are cheating openly. It do you no good. be careful.. do not put it plainly and explicitly that they are cheating openly.

It do you no good.

]]> Comment on What’s wrong with Raffles Education Corp by donmihaihai http://illdoitmyself.wordpress.com/2009/11/08/whats-wrong-with-raffles-education-corp/#comment-386 donmihaihai Wed, 11 Nov 2009 12:30:16 +0000 http://illdoitmyself.wordpress.com/?p=376#comment-386 Sorry Hellen, I have not look at them before and not interested in looking at them at this moment. Sorry Hellen,

I have not look at them before and not interested in looking at them at this moment.

]]> Comment on What’s wrong with Raffles Education Corp by hellen chan http://illdoitmyself.wordpress.com/2009/11/08/whats-wrong-with-raffles-education-corp/#comment-385 hellen chan Tue, 10 Nov 2009 15:45:51 +0000 http://illdoitmyself.wordpress.com/?p=376#comment-385 Hi there. I am not able to send u email. But i read your blog with great interest and was wondering if you can do an analysis on pac andes and FCOT reits. i have them both and would like see ur views on this fundamentally. Hi there. I am not able to send u email. But i read your blog with great interest and was wondering if you can do an analysis on pac andes and FCOT reits. i have them both and would like see ur views on this fundamentally.

]]> Comment on What’s wrong with Raffles Education Corp by cy http://illdoitmyself.wordpress.com/2009/11/08/whats-wrong-with-raffles-education-corp/#comment-383 cy Mon, 09 Nov 2009 03:44:35 +0000 http://illdoitmyself.wordpress.com/?p=376#comment-383 china financial daily has reported on the OUC problem,i advise REC shareholders to read it as it hurts REC business. also, Chew hua seng compensation change from only dividends to fixed salary implies that going forward there will be not much cash dividend which means they are running into a cashflow problem. This market darling's myth has exploded. beware of his brother's MIDAS, this could be another market darling. china financial daily has reported on the OUC problem,i advise REC shareholders to read it as it hurts REC business.

also, Chew hua seng compensation change from only dividends to fixed salary implies that going forward there will be not much cash dividend which means they are running into a cashflow problem.

This market darling’s myth has exploded. beware of his brother’s MIDAS, this could be another market darling.

]]> Comment on Tell me I am wrong by nicknick http://illdoitmyself.wordpress.com/2009/10/18/tell-me-i-am-wrong/#comment-380 nicknick Fri, 23 Oct 2009 04:26:09 +0000 http://illdoitmyself.wordpress.com/?p=372#comment-380 Si, you are right. It doesn't matter how you do it as long as you made money :) Though you should try to understand how you made the money (whether it is thru value investing or thru buying into growth story and trading it) to improve your consistency on making money in the long term. His portfolio seems to have been littered with punter's favourite stocks. Those stocks that always have a nice growth story that gets everyone excited. He seem to be in tune with the consensus view of the market. Maybe he should just not fight it and join the dark side. Do you really need to be a value investor to make money? I'm sure he can become a good trader since he behaves like every punter out there. Like you mentioned, Si, does it matter if the company have good balance sheet or cashflow if the trend is up? :) The important point for him now is to understand who he is and what he is trying to achieve. Someone once said, the worst investor in the rung is the one who doesn't know he doesn't know and thinks he knows. Si, you are right. It doesn’t matter how you do it as long as you made money :)
Though you should try to understand how you made the money (whether it is thru value investing or thru buying into growth story and trading it) to improve your consistency on making money in the long term.

His portfolio seems to have been littered with punter’s favourite stocks. Those stocks that always have a nice growth story that gets everyone excited.

He seem to be in tune with the consensus view of the market. Maybe he should just not fight it and join the dark side. Do you really need to be a value investor to make money? I’m sure he can become a good trader since he behaves like every punter out there. Like you mentioned, Si, does it matter if the company have good balance sheet or cashflow if the trend is up? :)

The important point for him now is to understand who he is and what he is trying to achieve. Someone once said, the worst investor in the rung is the one who doesn’t know he doesn’t know and thinks he knows.

]]> Comment on Tell me I am wrong by si http://illdoitmyself.wordpress.com/2009/10/18/tell-me-i-am-wrong/#comment-379 si Wed, 21 Oct 2009 05:28:46 +0000 http://illdoitmyself.wordpress.com/?p=372#comment-379 good writeup. but since the company's cash flow doesn't look so good, then what's the rationale behind it's high stock price? a lot of ppl made money out of this stock. i think tat's all that matters. doesn't really matter whether it's a 'dud' or 'not an excellent allocator of capital' or 'not generating enough free cash flow' as nicknick puts it. the returns from it's low in mar09 up till now far exceeds the performance of most of the other stocks. i would have regretted not buying this 'dud' then. good writeup.
but since the company’s cash flow doesn’t look so good, then what’s the rationale behind it’s high stock price?

a lot of ppl made money out of this stock. i think tat’s all that matters. doesn’t really matter whether it’s a ‘dud’ or ‘not an excellent allocator of capital’ or ‘not generating enough free cash flow’ as nicknick puts it. the returns from it’s low in mar09 up till now far exceeds the performance of most of the other stocks. i would have regretted not buying this ‘dud’ then.

]]> Comment on Tell me I am wrong by nicknick http://illdoitmyself.wordpress.com/2009/10/18/tell-me-i-am-wrong/#comment-378 nicknick Wed, 21 Oct 2009 04:49:19 +0000 http://illdoitmyself.wordpress.com/?p=372#comment-378 PARDON ME.. It should be cashflow to cover its operations and free cashflow to pay down debt. But I'm sure you get what I mean. Free Cash Flow is the Key to everything PARDON ME..
It should be cashflow to cover its operations and free cashflow to pay down debt.
But I’m sure you get what I mean.

Free Cash Flow is the Key to everything

]]> Comment on Tell me I am wrong by nicknick http://illdoitmyself.wordpress.com/2009/10/18/tell-me-i-am-wrong/#comment-377 nicknick Wed, 21 Oct 2009 04:39:16 +0000 http://illdoitmyself.wordpress.com/?p=372#comment-377 Ops! Someone have done it again. Spotted a dud company and treat it like a gem. For myself, I just had a cursory glance at the balance sheet and the knowledge of the amount of money raised this few years is enough to put me off. This already highlights that the company is not an excellent allocator of capital and it is not generating enough free cashflow to cover its operation which is bad bad bad. A buffett disciple would never have bought it. Ops! Someone have done it again. Spotted a dud company and treat it like a gem.

For myself, I just had a cursory glance at the balance sheet and the knowledge of the amount of money raised this few years is enough to put me off.

This already highlights that the company is not an excellent allocator of capital and it is not generating enough free cashflow to cover its operation which is bad bad bad.

A buffett disciple would never have bought it.

]]> Comment on Tell me I am wrong by cy http://illdoitmyself.wordpress.com/2009/10/18/tell-me-i-am-wrong/#comment-376 cy Mon, 19 Oct 2009 07:12:05 +0000 http://illdoitmyself.wordpress.com/?p=372#comment-376 buffett says if you don't understand the accounts of the company, it is better to stay away. i don't like the looks of Ezra and bet that they will be in deep shit in a few years time when the oil price fall. buffett says if you don’t understand the accounts of the company, it is better to stay away.

i don’t like the looks of Ezra and bet that they will be in deep shit in a few years time when the oil price fall.

]]> Comment on Ma Hou Pao 3 by aspellian http://illdoitmyself.wordpress.com/2009/08/27/ma-hou-pao-3/#comment-375 aspellian Thu, 10 Sep 2009 06:59:19 +0000 http://illdoitmyself.wordpress.com/?p=353#comment-375 well written. thanks for sharing your thoughts. i also did some paoing of swiber here: http://www.investideas.net/forum/viewtopic.php?f=31&t=296&start=310 well written. thanks for sharing your thoughts.

i also did some paoing of swiber here:

http://www.investideas.net/forum/viewtopic.php?f=31&t=296&start=310

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