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There were only a few once-in-a-century opportunities over the past five years to enter a stock at the right time -- e.g., both Gentings during the MCO period were such events as all business activities were forced to close -- thus, the lowest prices then. "Old 'goreng' hand" (or his guru) sounds like he "goreng-ed" many stocks in the past, but certainly not all were 100-year good-fortune events:)
A joke for the day:
What do you call a zombie's guru -- a super zombie?
"Old goreng hand" said his idol, Julius Tan, has disappeared! This is no surprise since KLSE's performance was no good over the past several years. Old Tan had only talks but no actions as he had already lost his shirt, like "old hand," haha:)
Google AI:
"Buffett is known to look for companies with gross margins in excess of 40%, while a margin below 20% can signal a business in a highly competitive, price-sensitive industry, which he generally avoids. He prefers to invest in businesses that have a clear and durable competitive edge, and high gross margins are a primary way to identify that."
Again, you cannot learn this useful investment strategy from dumbass "old goreng hand," haha:)
I forgot to mention one important caveat about a 0.5¢ "shark" stock where the lowest price is not enough -- you need high gross margins (aka cash cow) as well, and Focus has the highest gross margins (>50% on average) since 2019 in all KLSE counters, like it or not. Surely "old goreng hand" can find another to disprove my claim, haha:) Warren Buffett said that a stock with >40% gross margins consistently dominates over its competitors!
GENM was RM1.98 that day, and even Genting had a slight panic a few days later.
Surely "old goreng hand's" prophet, Julius Tan, cannot do this kind of analysis except cut loss, cut loss...!
You see, the more BS that "old goreng hand" is spilling out, the more ignorance can be seen in his replies -- the same kind of low-IQ BS. Too harsh? Then just study his replies very carefully -- do you learn anything useful?
"GENM is expected to be stable since the Malaysian revenue would not be a surprise and stronger ringgit is a plus! But, overambitious Genting could be heading to another loss with mostly foreign-currency incomes (like Genting Singapore) -- after depreciation from the bad-income quarter, Genting could be attractive especially for causing another panic:)"
-- 24 days ago, Aug 27, 2025.
From 87¢ to 0.5¢ Focus mothers, how many times can you advise to cut loss -- 174 times? Like I said in the very beginning, Focus is a "shark" stock, and one must be very careful "in the first place" -- only low prices like 0.5¢ can lower risks significantly.
"In a study called Cut Your Losses and Let Your Profits Run published in The Journal of Portfolio Management, Dirk Baur and Thomas Dimpfl tested the wisdom of the strategy for large-cap U.S. stocks. It lowers returns and increases risk compared to just buying and holding. This was true even in crashes. Researchers suggest sticking to your investment plan and rebalancing when needed." https://www.quantifiedstrategies.com/stop-loss-trading-strategy/
While "old goreng hand" is wasting his time with no money, I am in no hurry to sell off my RM1.52 GENM bought in April 2025, haha:) I would wait at least until the end of this year. As for Focus shares, the cost is too cheap (close to 0.5¢) to worry about:) You do not need to "cut loss" if you plan very carefully -- e.g., buying both Gentings only two times since 2020! The cut-loss guy like Julius Tan had long lost his shirt because the academic literature says so:)
