Serba Dinamik - News Updates (19/07/2018)

SERBADK - really Daebak!

1) Secured EPCC contract to build two hydro power plants in Laos, which will have the capacity to generate 30MW of electricity, for RM 268.8mil throughout the next 3.6 years.
(Contribute around 3% of revenue)

2)Proposed to subscribe 15% stake in Green & Smart Holdings Plc, which was listed on London Stock Exchange for RM 16.99mil. The share subscription is slated for completion in 3rd quarter of 2018. GSH subsidiary had awarded Serbadk with EPCC contract to build a 2.7MW biogas power plant in Perak.

跟着自己的节奏来累积财富

最近有些读者问笔者，什么投资方法才是最好的❓
相信大家都对这句话不陌生，
👉 最适合自己的方法才是最好的方法

为什么适合自己的方法才是最好的呢❓
每个人的起跑点，领悟能力，学习能力，性格和节奏都不一样。
你可能已经领悟到了某个道理，我却还未领悟到。
你可能每天都在努力学习，我花的时间却不比你多。
你可能比较熟悉这领域，但另一个领域才是我的强项。
你可能看不到这公司未来的潜能，我却看到了。
你可能愿意等个5-10年，我却认为等的时间太久了。
你可能愿意承担这样的风险，我却承受不起。
你可能自信太大了，我却胆小起来。
你的强项是长线，我的强项却是短线。

我们人的性格有太多的不一样。
我的投资方式未必适合你。
你的投资方式也未必适合我。

投资就像人生，一步一脚印向自己的目标走。👣
跟着别人的脚步，你看见的只是别人的足迹。
唯有自己走，才能走出自己的路。
唯有自己经历，才能体会并吸取经验。
你现在走了捷径，以后需要绕更远更长的路。
没有一个过程是可以直接“跳过”的。
【 欲速则不达 】
所谓 “速” 指的是超越了自己的速度，自己的节奏被破坏了。

我们可以参考他人的经历与经验，作为我们走下去的动力。
但千万别打乱了自己的节奏。
自己走出来的人生才是最美好的。☀️

共勉之。

LKL International (0182) - 4Q2018 Financial Updates

LKL International (0182)
Sector: Healthcare

Updates on 4Q2018 (latest):

1) Revenue (4Q18 VS 3Q18) ⬇️ from RM10.25mil to RM7.75 mil. Cost of sales is at high level (3Q18 - RM 6.1 mil; 4Q18 - RM 5.8mil) This is due to rising of raw material prices.
2) Profit before tax 4Q18 is a loss ❌ of RM1.641mil. This is due lower gross profit and increased operating costs associated with the Group's new subsidiary.
3) Group expected the performance to be challenging in the near term, due to slower capex from customers, forex volatility & rising material costs.

Notes:
1) Slow demand leads to lower sales & lower profit margin. ✖️
2) High raw material cost is negatively impacting on LKL's margins. ✖️
3) Intense competition. ✖️
4) No catalyst at the moment. ✖️

You may refer to my full article here: 👇
https://www.facebook.com/1556375241344804/posts/1987275178254806/

DISCLAIMER: This is not a call buy or call sell recommendation, this post is intended for learning and educational purposes only, please trade at your own risk.

中美贸易战 - 13/07/2018进展

☀️ 7月10日

特朗普政府发布了一份针对中国2000 亿美元商品额外征收10%关税的计划，这项计划会在8 月20 日至23 日举行听证会决定是否最后实施。
关税清单包括数百种食品以及香烟、煤炭、化学制品、轮胎、猫狗粮和包括电视机元件在内等消费者电子产品。

☀️ 7月11日

1️⃣️ 中国取消61.5万吨美大豆订单
截至6月底，中国已经连续3周没有新增采购美国大豆，同期累计取消了61.5万吨美大豆订单
2⃣️ 有分析解释，美国新一轮2000亿美元征税清单，并没有看上去那么可怕
加税产品，打击的力量似乎并未集中在对中国出口影响最大的领域；看起来篇幅极重的食品（包括各类农产品）、纺织品、化学制品等，在中国出口美国的大盘子里所占比例相当有限
3⃣️ 美国国会参议院以 88 : 11 的压倒性表决结果通过了一项针对特朗普政府贸易政策的非约束性提案，要求限制特朗普以国家安全为借口向其他国家加征进口商品关税的总统权力。

.
📈 市场分析：

• 在特朗普发布2000亿美元商品额外征收10%关税的计划后，全球股市没想象中恐慌。
• 加上2⃣️的分析公布后，市场开始反弹，Nasdaq继续创新高。
• 相信在美国国会的提案后，特朗普暂时会收敛。
• 目前市场看起来稳定，暂时不会继续下跌。

⚠️ 至于特朗普的权利会被限制吗❓
要限制总统权力没有那么容易，要参众两院各方势力达成妥协才有可能。

.
🔗 链接:
1) https://cn.reuters.com/article/instant-view-trade-war-usa-china-0711-we-idCNKBS1K1085
2) http://laoyaoba.com/ss6/html/57/n-679257.html
3) http://www.xinhuanet.com/fortune/2018-07/11/c_1123112949.htm
4) http://blog.dwnews.com/post-1039613.html

中美贸易战 Round One

1) 美国海关官员开始对中国进口商品（总值340亿美元）加征25%的关税，产品涵盖农耕犁到半导体和飞机零部件。

2) 中国商务部也随即宣布，对总值340亿美元的货品加征关税，总共545项商品，当中包挂农产品，水产，汽车等物品。

Why 90% of people lose money in investment?

1. It is far more exciting to chase for the next "hot" trade than to spend some time to understand the underlying business of a business. Stocks that are recommended by expert, media or friends seems to be "safe" but in reality, this are illusion.

2. By failing to understand how a business work such as revenue, capital allocation, return on capital etc, it's like driving a car without knowing how to drive it, sooner or later, accident will happen

3. Failure to acknowledge human limitation aka biases. As a human we have many form of biases built in such as recency bias, overconfidence bias, information bias, confirmation bias etc. Not knowing how to deal with it will lead to effect such as short- termism, grievances, loss of capital and most importantly, psychological damage.

4. Faulty thought process. Some people prefer to judge their result on the end result itself instead of the model / thought process itself. For example, instead of focusing on quality of management or durability of the business itself, most people prefer to judge whether the share price will go up or down instead. They seek "reasons" for it such as asking for others opinion, studying currency effect on revenue, worrying why some major shareholder disposes shares, predicting the next quarterly results etc. For most, it may seems helpful but in reality these are noises that distract.

✨ Written by Lai Y Keat