Friday, March 16, 2007

^V^ Believe it or not ? KLCI2000 in mid n long term by Icapital ^V^

Read d below statement by icapital Mr Tan Teng Boo :>>


Since becoming bullish 4-5 years ago, i Capital has not changed its bullish long-term view and sees the current fall as an overdue correction. Last week, we advised that although the worst may be over, trading is expected to be choppy. Be prepared for a base building exercise. i Capital retains its immediate-term outlook of the KLSE at a range of 1,090-1,200. For the short-term, i Capital still sees a range of 1,100 to 1,350. For the medium and long-term outlook of the KLSE, i Capital expects the KLSE CI to hit 2,000 points.


Although I felt that it is too optimistic but he did get my respect ! unlike other analysts, he means what he said, he say it b4 hand n also stand firm to his forecasting after mkt gone thru such a heavy correction ! further more, he has proven track records with annual compound return of 24.6% since 1998 ! read d below>>


At Capital Dynamics, we practise what we preach. As a result of our long-term value investing, clients of our fund management services have enjoyed a compound return of 24.6% per annum since 1998. Not many people realise that this performance is truly world-class, beating even the performance of Warren Buffett. Table 1 shows the performance of our managing director against that of Warren Buffett. With the exception of 2 years, ie, 1998 and 2000, our managing director has performed better than Warren Buffett. What is even more impressive is that while Warren Buffett had the world stock markets at his disposal, our managing director had only the KLSE to invest in.

Table 1 (click to view)


A US$100 placed with Berkshire Hathaway in 1998 would have grown to US$275.90 by end-2006. A US$100 placed with our managing director in 1998 would have seen it grown to US$738.36 – see figure 2. It is perhaps a result of this world-class performance that the 7 April Long Boom seminar has received excellent response.

As I said, trust nobody but their end results ^V^ who able to produce proven end results n say it b4 hand, FOLLOW HIM !

Same applicable to stock selection, Robertkwok, Arnanda,Tay Hong Piow, Francis Yeoh...all with marvellous proven earning records, thus stick to them n u will never go WRONG !

Btw, Mr Tan Teng Boo also bought in quite alot of mieco-wa at high price n still holding till now..ha ha..no matter how, results that count ! he is good ^V^

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