Author: impromptuz

Same for Internet/wifi/facebook

Notice: going to Silk Road 絲綢之路 for the following 10 days. no new posts until June 15. 

好感動！！只要努力，自信，相信，和好的心理質素一定會成功！！！go impress the world！

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arm channel (2) !! continue….
following recommendations on openrice ….

went to a german restaurant called Weinstube

Mixed sausages + mushroom

..and German pork knuckles!!

then went to super epic victoria habor view at cocky bar
many japanese people in the bar!!! >W< ..they even have a Sake/shochu list !!

a night with a random mix of shooters (almost all available selections on the menu)
..english accents (british, french, canto)
and life experiences (australia, france, finland, UK, US, singapore, hong kong, japan, shanghai) :p

Notice: going to Silk Road 絲綢之路 for the following 10 days. no new posts until June 15. 

3 questions for HKG:

1.  點解度度都gum多人？！（esp 旺角 and 一田）
2. 點解可以gum熱？！
3. 點解d商店好意思set到d price gum 貴？！

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met up with LPC people today!! so happy!!!!
大家真係好arm channel 同埋嘴型：o
雖然好耐無見，老土d講句，次次都係一見如故，
大家依舊都係gum正，而且好開心可以見證大家既成長，奇遇同achievements
and old jokes 依然都係gum好笑，
可能各位都係“本是同根生”(誤），一起經歷過種種高低起伏，係唔同d =P
要珍惜這麼難得可貴的友誼！
</老土>

e.g. my view on samsonite 

•  Disclosure: Known for its durability and quality, the Luxembourg-brand is the only choice for the Ch’s family. but im not holding any of its shares coz i dun hv much liquidity left…-_-
• Asian Traveling:
  (i) leisure travel /business trips are more and more common among Asians. Among the top 5 sales countries of Samsonite, 3 of them are Asian countries. (China, India & Korea). that’s why they chose to IPO in HK, even US is still their major market.
  (ii) Just read the news that the Hong Kong Airport runways could no longer afford the rapid growth in travel demand ..further reclamation is necessary to build a third runway —> more luggage demand!!
  (3) big trend: online travel agents like TripAdvisor are actively expanding their market shares in Asia as well
• Luxury Goods?:
  (1)   just read from Roger Federer’s facebook fan page: “The Roger Federer of automobiles meets the Mercedes-Benz of tennis.” so is Samsonite the classiest brand in suitcases? Not really. Real senior executives would go for Tumi  and our fellow Chinese rising rich/middle-class would go for the traditional LV or Prada
  (2) and from what I have observed…mainlanders don’t really mind using cheap luggages. Unlike jewelery or handbags, its not something that you could always showcase/ show-off around.
  (3) Black-Label:  seems starting a “black label” is now a cliche must-do tactics in brand-building…I just passed by a Samsonite Black-Label store in 海運中心 last week….a small-size luggage costs almost $4000 HKD @_@ chiu din

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quantitative:
(1) fundamental analysis (long-term) — do DCF valuation by WACC/NPV
cons: difficult to estimate future cash flows
(2)technical analysis (short-term) — infer future price movement from historical trends and patterns

qualitative: 
(1) management culture (read MD&A) and key people (is there frequent restructuring?)
(2) industry, nature, size, brand name
(3) products and service –vehicle to make profits

investing:
(1) value stocks– invest in undervalued high-quality stock with upward momentum backed by strong fundamentals
indicators: compare low PE, PEG<1
(2)  growth stocks– young/expanding companies with high growth potential in future revenues
indicators: sales & EPS growth
(1+2) growth at a reasonable price (GARP)– values are somewhat in between of (1) and (2)
(3)  Income — pick stock with high stable dividend yield to secure stable income

7 criterias — CAN SLIM:

1. C = Current quarterly earnings per share – Earnings must be up at least 18-20%.
2. A = Annual earnings per share – These figures should show meaningful growth for the last five years.
3. N = New things – Buy companies with new products, new management, or significant new changes in industry conditions. Most importantly, buy stocks when they start to hit new price highs. Forget cheap stocks; they are that way for a reason.
4. S = Shares outstanding – This should be a small and reasonable number. CAN SLIM investors are not looking for older companies with a large capitalization.
5. L = Leaders – Buy market leaders, avoid laggards.
6. I = Institutional sponsorship – Buy stocks with at least a few institutional sponsors who have better-than-average recent performance records.
7. M = General market – The market will determine whether you win or lose, so learn how to discern the market’s overall current direction, and interpret the general market indexes (price and volume changes) and action of the individual market leaders.

—summarized from investopedia.