THE IMPORTANCE OF BUYING LOW. THE LOWER THE BETTER IF FUNDAMENTAI IS INTACT(Calvin Tan Research)

September 25, 2017 By Calvin Tan Smart Investment

Dear Fellow Investors,

If after we have done diligent study and invested into Fundamental Shares or Assets with Value and price still goes down further – don’t be afraid to buy even more.

I have already mentioned about Tan Pao’s amazing nerve of steel buying into Iskandar’s Real Estates when the Property Market Crashed.

Tan Pao told me he bought and bought as prices get cheaper and cheaper. He bought from Johor High Court Auction. And he even bought by bulk purchase from Danaharta until his monies ran out!

Oh! He told me of how many missed opportunities because he has not enough capital. And most disheartening was nobody believed him or HAVE THE SAME VISION LIKE HIM.

His brother did not believe in him. His own wife also didn’t believe in him nor his bullishness over Iskandar’s cheap cheap properties. How sad.

One afternoon Tan Pao drove me to Tanjung Puteri Seaside near Tg Langsat (the road that runs beside Tanjung Puteri Golf Resort owned by Keck Seng.

Here at the beach he showed me 3 Acres of prime Beach Front Property going for a mere Rm500,000 only. (Cost of one 2 storey house today). It was heartbreaking that Tan Pao let it pass because he has not enough capital to buy it. Or else he would have made a bomb by now.

Again he related how he met Danaharta HQ people and found that Commercial Lands’ plots asking price was only Rm8 psf in Taman Sutera Utama, Skudai, Iskandar. Really heartbreaking that he has no money to buy it then.

Today the 3 storey shophouses in Taman Sutera Utama sold for Rm700,000 have appreciated in value to Rm3 millions each. Higher in value than Tmn Tun Aminah or Taman Perling or even Taman Bukit Indah!

He said if he has capital he might be a billionaire today SEEING THE GREAT POTENTIAL & THE DEEP DISCOUNT THEN.

All these are now water under the bridge. Gone for ever.

Now. If we KNOW there is nothing to Fear!

I attended 4 Pm Corp’s AGM and found out that Pm Corp was Cash Rich with little debt.

Pm Corp has 18 sen cash and selling at 15 sen. So there is huge margin of safety.

Value is there but price is another matter!

The Market sold down Pm Corp to only 12 sen. So I called my fellow Johor buddies to buy.

Alas! After that Pm Corp crashed further to a low of 9 sen.

Now many panicked! And dare not buy except a few very  brave souls.

SEE.

PM CORP HAS 18 SEN CASH & PRICE NOW 9 SEN?

Why cannot buy?

Ha! Nobody wanted as Pm Corp stuck at 9 Sen Day after Day & Week After Week for 2 Whole Years.

9 Sen and 9 Sen for 2 years.

Ha! Then suddenly out of the blue Pm Corp crashed to a heart rending low of only 7.5 Sen!!

At this time many gave up hope & thought PM CORP might even go bankrupt.

Only Calvin dare to buy some at 7.5 sen

On hindsight now Pm Corp at 7.5 Sen was the worst of time for a roller coaster emotion! Full of fear and panic.

But it was also the best of time to get it cheap.

If only?

If only What?

IF ONLY WE KNOW THAT ONE DAY PM CORP IS GOING TO GIVE A CAPITAL REPAYMENT OF 8 SEN!!

YESSS!

ONE DAY PM CORP GAVE AN 8 SEN CASH PAYOUT

So at 7.5 Sen those shares I bought when there was blood on the street made me the most money

I got back my original capital of 7.5 sen

And Free Half Sen

And FREE PM CORP SHARES FOR FOREVER!

And So Is This The Best of Time to Buy BJ Corp & Mui Bhd?

Totally Bombed Out. Totally unwanted & unloved?

Don’t be surprised!

THESE TWO MIGHT YET TURN OUT TO BE OUR VERY BEST INVESTMENTS LATER

 

Regards,

Calvin

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