tag:blogger.com,1999:blog-28021668.post6813490588792638544..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-28021668.post-69567162754882595302007-10-16T00:47:00.000+08:002007-10-16T00:47:00.000+08:00Hi level13,Thanks for the reminder on GV. I am gla...Hi level13,<BR/><BR/>Thanks for the reminder on GV. I am glad to be able to cut loss and learn from my mistake. An investor gets better and better from the mistakes learnt, as long as he does not repeat them. I agree that companies with huge share floats (e.g. Memstar) cannot easily increase their EPS. What Management needs to do is to initiate a share buy-back assuming the company has sufficient cash, in order to enhance EPS.<BR/><BR/>Glad you managed to sell GV at a profit. Cheers !<BR/><BR/>Regards, MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-58154500548750125462007-10-16T00:44:00.000+08:002007-10-16T00:44:00.000+08:00Hi MM,Thanks, I believe growth and value investing...Hi MM,<BR/><BR/>Thanks, I believe growth and value investing are closely tied together, so perhaps our methods are not so different after all. :)<BR/><BR/>Regards, MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-9320804082550121172007-10-15T22:03:00.000+08:002007-10-15T22:03:00.000+08:00I had GV some time back. sold off at a profit. did...I had GV some time back. sold off at a profit. didnt want to look at it again. Reasons are:<BR/>1) it is a capital intensive business. always issuing convertible bonds and diluting current shareholders interest. <BR/>2) the huge amount of shares outstanding. Even if it made profits in the future, the EPS will likely be low. <BR/>As a value investor, the 2 points above are precisely what you dont want to see. <BR/><BR/>CHEERS!level13https://www.blogger.com/profile/16666971789063473702noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-9583696593243969532007-10-15T21:16:00.000+08:002007-10-15T21:16:00.000+08:00MW,Pretty good returns. Keep up the good work. It ...MW,<BR/><BR/>Pretty good returns. Keep up the good work. It does not matter whether one is a growth investor (like me) or a value investor, as long as one makes money ;-)<BR/><BR/>Regards,<BR/>MMAnonymousnoreply@blogger.com