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admar
M o d e r a t o r s

Joined: 27 Jul 2006 Posts: 4970 Contribution: +7
Location: Penang |
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Mari Bincang Pasal Business |
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Since thread nih open takde cakap pasal bincang pasal barang RO je... aku just open thread nih untuk orang yang kaki business atau minat business.
Bagi pelajar ekonomi dan kewangan... siapa leh terangkan kepada aku apa maksud Intrinsic Value?
Aku taknak jawapan yang dikutip dari wikipedia sebab tu aku pun boleh buat... cuma aku nak apa yang korang faham dari maksud perkataan yang selalu digunakan oleh Warren Buffett tuh.
So, bagi yang kaki business... apa plan korang seterusnya?
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| Sun Jul 06, 2008 12:50 pm |
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thief
M o d e r a t o r s

Joined: 13 Aug 2006 Posts: 1300 Contribution: +3
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Pasal Business..
skrg adalah masa terBAIK.
saham malaysia dah drop 20% dari High point tahun depan sampai skrg..
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| Sun Jul 06, 2008 7:03 pm |
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admar
M o d e r a t o r s

Joined: 27 Jul 2006 Posts: 4970 Contribution: +7
Location: Penang |
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 |  | Pasal Business..
skrg adalah masa terBAIK.
saham malaysia dah drop 20% dari High point tahun depan sampai skrg.. |
Haha tergelak pula baca Pak Lah cakap kesilapan teknikal.
Ingat lagi pada tahun 1999-2000 apa terjadi?
Ramai orang ambik kesempatan masa tu la...
Nak kata business semua down tak juga. Unless you invest on papers investment such as bond, stock and mutual fund 
_________________ Blog aku : http://faisaladmar.blogspot.com
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| Sun Jul 06, 2008 7:24 pm |
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normeck
A d m i n

Joined: 20 Jul 2006 Posts: 1529 Contribution: 0
Location: Bentong Pahang |
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Intrinsic value?
ok...dalam bidang training aku rasa sama jek maksud dia..perkataan ni bos aku selalu ckp masa sesi motivation
masa sesi ni...dia akan suruh participant senarai kan "10 perkara yg memotivasikan anda"
antaranya
1- duit
2- cuti banyak
3- pack on the back...
4- bla bla bla bla
kalo ko hayati dari ape yg diorg senarai kan tu...
semuanya adalah kuasa luaran....
"Extrinsic Factor".....
jadi kalo korang depends korang nyer motivasi pada Extrinsic factor....korang tak kan pegi kemana mana....
tapi kalo korang depends motivasi pada "Intrinsic value".....korang akan berjaya....
cth intrinsic factor -
1) Kerja sebagai satu cabaran
2- kepuasan diri
3) bla blab lab la
kalo tak paham gak boleh YM aku...tq
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| Sun Jul 06, 2008 7:24 pm |
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admar
M o d e r a t o r s

Joined: 27 Jul 2006 Posts: 4970 Contribution: +7
Location: Penang |
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Oh ni benda baru aku dapat belajar. Aku rasa ni dari sudut self-help... motivasi kan diri. Apa yang aku tahu selama ni hanya Intrinsic Value dalam finance
Bagus Normeck... at least aku belajar satu yang baru. Hmm, by the way... Mek... ko memang nak kerja sampai bila-bila ke? Or ko nak juga ada business dan jadi taukeh?
_________________ Blog aku : http://faisaladmar.blogspot.com
Jual jersey : http://faisalbusiness.blogspot.com/search/label/jersey
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| Sun Jul 06, 2008 7:35 pm |
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normeck
A d m i n

Joined: 20 Jul 2006 Posts: 1529 Contribution: 0
Location: Bentong Pahang |
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aku mmg nak business....tapi ko pun paham...kene ade modal yg cukup....buit masa ni aku kene prepare ape yg patut dulu...sebelum aku jadi Full Trader...ops!!!
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| Sun Jul 06, 2008 7:42 pm |
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admar
M o d e r a t o r s

Joined: 27 Jul 2006 Posts: 4970 Contribution: +7
Location: Penang |
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| Sun Jul 06, 2008 10:20 pm |
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Oxer
Active Members

Joined: 23 Mar 2007 Posts: 1043 Contribution: 0
Location: E~Poh PayRock |
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 |  | aku mmg nak business....tapi ko pun paham...kene ade modal yg cukup....buit masa ni aku kene prepare ape yg patut dulu...sebelum aku jadi Full Trader...ops!!! |
kawin pown lum pikir lagi... abang mek bil air tertunggak
Opss 1st time out topik 
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| Mon Jul 07, 2008 12:53 am |
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admar
M o d e r a t o r s

Joined: 27 Jul 2006 Posts: 4970 Contribution: +7
Location: Penang |
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| Mon Jul 07, 2008 8:52 pm |
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normeck
A d m i n

Joined: 20 Jul 2006 Posts: 1529 Contribution: 0
Location: Bentong Pahang |
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kalo rajin keluar la tiap tiap tahun...tapi akaun 2 je la....dan hanya untuk beli rumah sahaja...
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| Mon Jul 07, 2008 11:48 pm |
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ZoiDz
Active Members

Joined: 20 Jul 2006 Posts: 541 Contribution: +2
Location: Sri Damansara KL |
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aku keluarkan duit akaun 2 pasal nak cover duit kahwin kekekeke....
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| Tue Jul 08, 2008 12:26 pm |
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thief
M o d e r a t o r s

Joined: 13 Aug 2006 Posts: 1300 Contribution: +3
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KWSP tak kasi kluar duit..
sbb amount tak cukup.
hmm...
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| Tue Jul 08, 2008 1:44 pm |
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normeck
A d m i n

Joined: 20 Jul 2006 Posts: 1529 Contribution: 0
Location: Bentong Pahang |
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 |  | aku keluarkan duit akaun 2 pasal nak cover duit kahwin kekekeke.... |
boleh ke?....ko bagi alasan ape?
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| Wed Jul 09, 2008 12:00 am |
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Oxer
Active Members

Joined: 23 Mar 2007 Posts: 1043 Contribution: 0
Location: E~Poh PayRock |
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 |  |  |  | aku keluarkan duit akaun 2 pasal nak cover duit kahwin kekekeke.... |
boleh ke?....ko bagi alasan ape? |
hahahaa x leh bla cara ko quote penoh ghairah 
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| Wed Jul 09, 2008 9:34 am |
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msiajoe
Active Members

Joined: 14 Aug 2006 Posts: 251 Contribution: 0
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Warren Buffett never mentioned how he calculates IV (intrinsic value) of a business or a company.
From what I read on books of Mary Buffett & Robert G. Hagstrom, it seems like he determines a business value with comparison to long term municipal notes yield, or in Malaysia, something like CAGAMAS or govenrment long term bond yield (about 5~6% at the moment).
The simplest way is just to divide the latest annual earning by the said yield, that is IV in a nutshell. e.g. if RHBCAP's earning was RM0.35 per share in 2007, you divide it by 6% (CAGAMAS yield), which gives you RHBCAP IV of RM6.00; compared to its current price of around RM3.90, it gives you about 35% of safety margin.
Another way is more conservative, which was shown in Hagstrom's book, which comprises of 2 steps calculation. Besides, his thinking is more akin to that of Buffett's, and he likes to use yield rate of 10% to make conservative calculation. With this way, RHBCAP IV is about RM5.30, margin of safety about 26%.
Labyrinth Fund uses Hagstrom's 2 step calculation. It's safer and gives investment of members more upside potential.
During a bad economic time, Mary's way is sufficient to make a quick check on whether a company is worth buying. That is, after you have researched all other important figures, such as ROE, owner's earnings, etc.
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| Wed Jul 09, 2008 12:41 pm |
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