tag:blogger.com,1999:blog-28021668.post1080477099801447297..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-28021668.post-22981140069159728912007-07-23T22:32:00.000+08:002007-07-23T22:32:00.000+08:00Hi fishman,Ok, no problem thanks ! I don't usually...Hi fishman,<BR/><BR/>Ok, no problem thanks ! I don't usually blog continuously about a series, it's usually interspersed by other content. :)Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-13174415309926335232007-07-23T21:10:00.000+08:002007-07-23T21:10:00.000+08:00Hi musicwhiz,Thanks for sharing your insight on th...Hi musicwhiz,<BR/><BR/>Thanks for sharing your insight on this very important topic! <BR/><BR/>Am looking forward to your next posts on the financial statements!sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-58927818885248409002007-07-22T23:34:00.000+08:002007-07-22T23:34:00.000+08:00Hi fishing,Caught anything today ? Haha kidding ! ...Hi fishing,<BR/><BR/>Caught anything today ? Haha kidding ! Yeah, I will probably choose PAH because I have been making notes on the Annual Report as I go through it and I do have something preliminary compiled on it already. But it's still rather tentative at this stage. If anything is going to come out, it will definitely be before the AGM so that shareholders can sift through the issues and comment on them.<BR/><BR/>I may also be doing Boustead as well since I have the time. Heck, I was thinking, why not do both since I am going to read them both cover to cover anyway ? Haha.<BR/><BR/>Nah, it's not a selfish reason. After all, your nick is "fishing", so you need to "sell fish", hehe thus you are justified in being "selfish". (Lame joke, I can hear groans !)....Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-80093818787419159412007-07-22T23:30:00.000+08:002007-07-22T23:30:00.000+08:00Hi Paul,Thanks for dropping by and thanks too for ...Hi Paul,<BR/><BR/>Thanks for dropping by and thanks too for your compliment. I agree fully that Annual Reports are a great way for prospective investors who wish to invest in a company. I myself studied the Annual Reports of Pan-U Marine and Amtek way before they were acquired (this would constitute mistakes of omission which I will detail in a future posting).<BR/><BR/>Haha, yes indeed for companies which are not doing well, the CEO tends to gloss over a lot of stuff and try to concentrate only on the positive. Well, the Annual Report is also a marketing effort by companies to "sell" themselves to potential investors. Some do it better than others. For Pacific Andes, I have also not seen their BOD's photos for 2 straight years (FY 2006 and FY 2007). Haha I do hope they got nothing to hide ! That's why I will be attending the AGM, to see what the chairman looks like ! :PMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-18091626555706138582007-07-22T23:22:00.000+08:002007-07-22T23:22:00.000+08:00Musicwhiz, I hope you will choose Pac Andes's annu...Musicwhiz, I hope you will choose Pac Andes's annual report as I have the report and would like to see your train of thoughts. Of course, for selfish reason too.. that I'm vested.<BR/><BR/>FishingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-27710289104380869512007-07-22T21:16:00.000+08:002007-07-22T21:16:00.000+08:00Hi, Thanks for an excellent write-up on annual rep...Hi, <BR/><BR/>Thanks for an excellent write-up on annual report. <BR/><BR/>Annual reports are useful not just for existing shareholder but also prospective shareholders as well. I usually read the annual reports when I researching a company as a first stop.<BR/><BR/>I regard the CEO/Chairman to be the most important section of the annual report for the reasons you mentioned.<BR/><BR/>I also noticed that companies that are not doing well, the CEO/Chairman tends to be very skimpy on details. And you may not even see pictures of the board of directors. :D<BR/><BR/>I will look forward to your later articles. Good work!Anonymousnoreply@blogger.com