A Newbie Guide to Investing

(19-08-2014, 10:37 PM)Ferns Wrote:

(19-08-2014, 04:08 PM)Bubbachuck Wrote: Thanks mod. I'm lucky it was value investing that was first introduced to me and not the trader thing. [emoji6]

The first thing I learnt was forex with TA and I tried $100 on it. LOL. After I lost the $100, I learnt something. Leverage is bad!

At least the $100 wasn't wasted.

Edit: Leverage isn't all that bad, but the leverage that the forex offered was 10x to 400x. I tried 400x and lost badly, then I tried 10x and discovered I could hold a bit longer, then I lost.

I realized few years back that just working in the office will not get me rich. That I can only get rich if I do business or invest. I always wanted to learn about stocks but didn't know where to start. Until I found this "How To Make Your First Million Dollars In Stock & Property" Workshop by 8 Education in Groupon for only $20 with free lunch. It was a seminar regarding Value Investing conducted by Ken Chee. They were promoting books and a paid program. I didn't register to the paid program coz it's a bit costly for me. But I bought their books and started reading. Then I decided to try this Value Investing.

Never stop reading for any new insights and experiences. Besides, we read also to keep us "in line" or from astray (read not losing money). NLB and Internet are my university - for people like me who is not supposed to know anything about investment. And anywhere that i can learn - like here.
My 2 cents.

Hi buddies,

Another newbie question. If the company is being acquired by another company, does it mean that the company is being privatized?

Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.

(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.

Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

(23-08-2014, 11:08 AM)Bubbachuck Wrote:

(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.

Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

The "Compulsory Acquisition of Minority Holdings, Section 215 of the Companies Act", which had been commonly referred by buddies in take-over discussion.

Nice. Thanks Mod. I'll take a look.

(23-08-2014, 11:08 AM)Bubbachuck Wrote:

(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.

Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

It depends on the mode of privatization. In a successful scheme of arrangement or compulsory acquisition, your shares can be acquired or cancelled for cash. In the case of a voluntary delisting, you will still hold on to your shares if you do not accept the delisting offer (but unlisted shares are not liquid).

Hi everyone, I am a newbie to both value investing and the ValueBuddies forum, and I think there are much to learn from I read through the threads and comments from everyone.

I do have some newbie questions which I do hope some of the buddies could help me with:

• How much time do you take to evaluate one stock / company
  
• How do you screen for suitable stocks?
  
• Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?
  

Thanks in advance for your time!

(27-01-2015, 08:32 PM)oyanren Wrote: Hi everyone, I am a newbie to both value investing and the ValueBuddies forum, and I think there are much to learn from I read through the threads and comments from everyone.

I do have some newbie questions which I do hope some of the buddies could help me with:

• How much time do you take to evaluate one stock / company
  
• How do you screen for suitable stocks?
  
• Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?
  

Thanks in advance for your time!

Let me start the ball rolling.

[*]How much time do you take to evaluate one stock / company
As much as to feel confident on the company. It might take days for some, but there is no obvious disadvantage for those take months, IMO.

[*]How do you screen for suitable stocks?
I screen from SGX announcements, but it shouldn't be the only way.

[*]Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?
DCF is only one approach. There is no restriction on retail investors, to use more than one approach for valuation.

Wish you all the best in your value investing journey, and all the best for VB experience too.