Showing posts with label ICBC ( 1398). Show all posts
Showing posts with label ICBC ( 1398). Show all posts
Thursday, 8 November 2012
Fong Siling vs Warren Buffet again: Compounding factor!
If a person complete their studies at the age of 25 to join the workplace, work to retirement age of 55, just three decades.Over the past three decades, the era of rampant inflation.Old students studying in Taiwan 30 years ago, as long as a few dollars you can eat a bowl of good beef noodle soup, and now to the whole hundred. Currency has depreciated times.In Malaysia 30 years ago, a few cents can buy a bowl of wonton noodles, and now a few ringgit.
If you put the notes in the safe, after three decades out consumer can only buy one-tenth or less the same thing.30 years ago, Kuala Lumpur Bangsar house, sell a million ringgit. The same house, now changed hands four or five hundred thousand ringgit. The banknotes increasingly worthless
More and more worthless banknotes to Favorites money to old age, retirement, I am afraid to porridge water to get by the.
After HKSE had rallied for since July, it hits the almost year high at 22899.85. With ICBC highest at HK 5.25, with sudden slump today at HK 5.08 after Obama took over White House. Hm... Time to take profit on this 5 Star Stocks.
Same go to KLSE which started to retreat after hitting year High at 1670++, and gradually retreated to 1630++... General election 13 is just around the corner. Time to be in cash to grab the good stuff!!!
Take a look at my China Windpower at HK 0.25 (up 11%) in a single day!! wow! I think something is moulding here! Hope to get the leap and flight!
Friday, 12 October 2012
Fong Siling: ICBC
Why Non Tangible Assets so Important?
Update:
ICBC had rocked the HKSE with shoot up to HK 5!!! wow! Awesome Return!
Based on the TA, uptrend is still intact, resistant at HK 5.6.
But , FA always the best! ROE 20% ++ Dividend of 5% for 5 star world class stock!
Let's us discuss about value of NTA since ICBC is top 3 WORLD brand!!!
A successful business living in the leading position in the industry. This fact alone is valuable.
(1) successful enterprise necessarily relevant products occupy a certain market new products to have a share, easier said than done. Therefore, the market share is valuable.
(2) followed by technology. When a company has the technology to manufacture high quality products or special products, the technology itself is valuable intangible assets.
(3) Third, is talent. The success or failure of the enterprise, whether the talent is the key, in particular, require special knowledge, skills and experience in the service industry. Such as financial institutions, information industry, the press, and so on. Some companies in the acquisition of other businesses, adhere to the original talent to remain a number of years before they agree to contract, that is, for this reason.
(4) place of business is also valuable, such as the banking sector. If you already have a bank branch in the same street, usually the National Bank will not approve another bank to establish a branch in its vicinity. Therefore occupy a key position in the branches, and is also valuable.Similarly, rent to superior status, crowded stores bits itself valuable.
(5) farming and industry, the company has a good location of the land, its stock should be higher than the value of tangible assets is reasonable. Such as good agricultural land have been listed company monopoly, again to establish the same scale of the company even more difficult, so the value of the stock should be higher than the net tangible assets per share is reasonable.
(6) The enterprise system is also valuable. For example, the financial industry, basically rely on the system to manipulate. Establish a system takes time, so the system is an intangible asset.
(7). Especially relations with old customers, but also valuable intangible assets.
(8) Time is intangible assets. At least to establish a successful enterprise for 10 years, eight years. During this period, the company to pay an enormous amount of interest to overcome countless difficulties. Some companies prefer to pay a higher price than the value of tangible assets (Premium) acquisition of the off-the-shelf enterprise, which is more cost-effective.
ICBC had rocked the HKSE with shoot up to HK 5!!! wow! Awesome Return!
Based on the TA, uptrend is still intact, resistant at HK 5.6.
But , FA always the best! ROE 20% ++ Dividend of 5% for 5 star world class stock!
Let's us discuss about value of NTA since ICBC is top 3 WORLD brand!!!
A successful business living in the leading position in the industry. This fact alone is valuable.
(1) successful enterprise necessarily relevant products occupy a certain market new products to have a share, easier said than done. Therefore, the market share is valuable.
(2) followed by technology. When a company has the technology to manufacture high quality products or special products, the technology itself is valuable intangible assets.
(3) Third, is talent. The success or failure of the enterprise, whether the talent is the key, in particular, require special knowledge, skills and experience in the service industry. Such as financial institutions, information industry, the press, and so on. Some companies in the acquisition of other businesses, adhere to the original talent to remain a number of years before they agree to contract, that is, for this reason.
(4) place of business is also valuable, such as the banking sector. If you already have a bank branch in the same street, usually the National Bank will not approve another bank to establish a branch in its vicinity. Therefore occupy a key position in the branches, and is also valuable.Similarly, rent to superior status, crowded stores bits itself valuable.
(5) farming and industry, the company has a good location of the land, its stock should be higher than the value of tangible assets is reasonable. Such as good agricultural land have been listed company monopoly, again to establish the same scale of the company even more difficult, so the value of the stock should be higher than the net tangible assets per share is reasonable.
(6) The enterprise system is also valuable. For example, the financial industry, basically rely on the system to manipulate. Establish a system takes time, so the system is an intangible asset.
(7). Especially relations with old customers, but also valuable intangible assets.
(8) Time is intangible assets. At least to establish a successful enterprise for 10 years, eight years. During this period, the company to pay an enormous amount of interest to overcome countless difficulties. Some companies prefer to pay a higher price than the value of tangible assets (Premium) acquisition of the off-the-shelf enterprise, which is more cost-effective.
Tuesday, 7 August 2012
Does Mr Fong Siling Agrees with ICBC
ICBC
Why Mr Fong Siling think reading annual reports is the key of success in stock investment? Does the same goes to ICBC, HK . Mr Fong Siling said...
5 star bank with PE of 6? and Dividend yield of 5.46 % ( higher than the fix deposit)
Bear in mind that ICBC is one of the biggest bank in China, if the economy starts to recover, don't you think that the bank will lead the Hang Seng Index to the sky?
Let 's us see whether it will rise from the close today at HK 4.58?
Just have a look at the earning of the company, http://www.aastocks.com/EN/Stock/CompanyFundamental.aspx?CFType=8&symbol=01398
What do you think?
Why Mr Fong Siling think reading annual reports is the key of success in stock investment? Does the same goes to ICBC, HK . Mr Fong Siling said...
Read the annual report is an important item in my investment career. Read the annual report, can enhance the understanding of the listed companies. All listed companies must comply with the Listing Rules to publish an annual report within the prescribed period, report to the shareholders of the past year the company's business situation.
Listing Rules, the provisions of the Annual Report, the report projects the annual report, each company are the same. Of course, the contents of the report due to vary.The purpose of the annual report is to make a comprehensive understanding of the shareholders of the company's business.
The company are the shareholders, the shareholder is the owner of the company.
Shareholders own the company, the shares of the assets of the shareholders, as a listed company, the shareholders have the right to decide to continue to hold or sell off his shares, the decision must be made according to the company's performance; read the Annual Report is to understand the performance of the company's most direct and simple way.
Each stock investors must read his holdings of the company's annual report, and then made the decision to continue to invest in, or withdrawal, according to the annual report.
To provide additional information
Many good company's annual report, in addition to the provisions of the Listing Rules to publish projects, but also provide additional information to help shareholders or investors, and understand all of their company.
Some of the company's annual report, further comprehensive report on the trades, to enable shareholders to make more informed decisions.
Malaysia Smelting (MSC, 5916, industrial products, shares) in the annual report is a good example. In addition to the company's business, the company's Annual Report on the World Tin made an in-depth and comprehensive coverage, is simply a mini World Tin encyclopedia.
From the annual report, you will find that Malaysia Smelting has a high-quality management, which is the company's most important and most valuable intangible assets.Read the Annual Report, you can often find investors to ignore the information in order to catch other investors can not be caught.
Read annual reports, and make you a better understanding of the companies you invest, thereby increasing your confidence in your company. Confident that before long-term investment; only long-term investment, you be possible to obtain huge profits; only get huge profits, in order to get rich.
Conclusion:
⑴ to read the annual report to help to explore the treasures.
⑵ as long as earnings continue to rise, long-term hold on.
⑶ performance to reverse the valuation is too high, should be withdrawal.
⑷ stock investment, the need to regulate.
If good stocks are cheap to buy, as long as earnings continue to rise, it should continue to hold, do not ignore the short-term stock price volatility.
so, after reading Mr Fong Siling's way of investment...
Let 's us ponder, why the ICBC the 5 star blue chip bank in HK , China drop from sky since May 2012?
- China government's policy to reduce the interest rates by 2 times which reduce the EPS of the bank?
- Europe sentiment and ongoing volatility of the share markets?
- China economy slow down?
But, i think that this is the time for us to invest in this company... at almost year low. Reasons?
-From TA point of view, it turns from the bottom to higher high, higher low. Good signs definately!
-From FA point of view,
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Bear in mind that ICBC is one of the biggest bank in China, if the economy starts to recover, don't you think that the bank will lead the Hang Seng Index to the sky?
Let 's us see whether it will rise from the close today at HK 4.58?
Just have a look at the earning of the company, http://www.aastocks.com/EN/Stock/CompanyFundamental.aspx?CFType=8&symbol=01398
What do you think?
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