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Before investing consider this question

1. How does this business make money


2. Will this business last for next 10 years
3. Who is the largest shareholder (largest SH should be at top management)
4. Management past experience
5. Net profit must grow consistently for 3-5 years
6. Strong operating cash flow
7. Low debt level

All this information will get from financial report. Check vi.app- make sure all at least need to get 6
points

Buy to hold-Cow

Buy to see- Gorilla

Company Biz Model Management Number


Nike Selling sports shoe/wear Good management Good position
IOI Property biz Good management Bad position
Hup Seng Selling biscuits Good management Good position
FB FB ads Good management Good position
Singapore Airlines Airline coz it is government wan Good management Bad position
Parkson Retailing- sustainability not sure - -

The ultimate Watchlist

Company 3R Intrinsic Value Price Under/ under value


Nike $114.90 based on price $169.72 Over- keep watchlist
to sales method
Hup Seng RM1 RM0.95 Under- buy share
FB $308.6 $364.72 Over- keep watchlist

3R: 1. Right biz model 2. Right management 3. Right value vs Price

How to obtain intrinsic value: Need to know how to calculate

1. Price to sales- Growth


2. Net asset value- asset company
3. Dividend yield-dividend

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