8I Holdings Limited (ASX:8IH)

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#11
(15-07-2017, 10:30 AM)weijian Wrote: I went to read through the annual reports (FY15/16/17) at their website. I felt it was written with (wanting to give an impression of) "candor". Personally, i feel the comparison and usage of "Buffett stylized language" is a little too much to be desired. Things bought to an extreme, usually wouldn't have its desired outcome/usefulness.

Hahah. I had the same thoughts too...
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#12
In AR2016, the chairman said this:

Personally, I find it amusing to note Mr Market's reaction to 8IH shares based on general sentiments, emotions, economic news, and even price predicting stock charts in comparison to our solid business fundamental growth.

I urge those who are keen to become a partner in this business to read all our annual reports, announcements, financials, use our services, and understand our business model and ecosystem first to get a more complete picture, instead of relying on the opinions of others and/or just using quantitative analysis.


..... yeah right. I don't understand especially the private business investment part, hence not interested and not invest to something I don't know and/or feel not comfortable.
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#13
Yes, & adding on to what you've said & even Buffet had ever said that he will not invest in any biz which he find it difficult to understand it. Just feel weird that understanding 8IH businesses are difficult yet expect us as investors to subscribe the same concepts as what Buffet has been teaching the community all these time.
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#14
(13-07-2017, 03:39 PM)Debronic Wrote: Have looked at their business, corporate actions, management track record and what they preach and practise on "value investing" before in some details. At one point, it bafflingly was trading at 10x NAV on very low volume. Nothing much to add other than that I concur with what the couple of articles below say:

https://investingisbusiness.wordpress.co...size-gain/

http://www.fool.com.au/2015/04/27/could-...h-9-cents/

Btw, the blog has more than one entry which could be of interest.

Could VB have been the source of the author's anguish?

https://investingisbusiness.wordpress.co...ome-posts/
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#15
Oh no! I thought it was a very informative piece...

It would have been more effective for 8I to reveal more about the points as highlighted by the author, rather than shut him up. After all, that is what Warren Buffett would have done.

Or is the use of WB quotes just a convenient marketing tool?
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#16
(12-08-2017, 03:01 PM)weijian Wrote:
(13-07-2017, 03:39 PM)Debronic Wrote: Have looked at their business, corporate actions, management track record and what they preach and practise on "value investing" before in some details. At one point, it bafflingly was trading at 10x NAV on very low volume. Nothing much to add other than that I concur with what the couple of articles below say:

https://investingisbusiness.wordpress.co...size-gain/

http://www.fool.com.au/2015/04/27/could-...h-9-cents/

Btw, the blog has more than one entry which could be of interest.

Could VB have been the source of the author's anguish?

https://investingisbusiness.wordpress.co...ome-posts/

In his blog, he didn't mention which articles were taken down, did he?
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#17
Try clicking the original links on vb.com and u get the idea. Not too hard to connect the dots right?
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#18
(13-08-2017, 04:50 PM)weijian Wrote: Try clicking the original links on vb.com and u get the idea. Not too hard to connect the dots right?

Ouh!  Angry

So the 'big boy' technique 'bully' the public.  Angry
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#19
I read this with interest.
Cos in the earlier part of this year, SG TTI received an unsolicited email from 8i, complete with 3 attachments, describing 8i, and their recently concluded "6th Value Investing Summit" and some of their press conferences.

The email concluded by encouraging me to write up about 8i and their courses on my blog, together with an offer for an interview with 8i's management team.
I ignored the email cos I wasn't interested to write up anything about them on SG TTI. Nothing particularly interesting to me, and I wasn't in the business of wasting my precious time to give free publicity to others.

Barely 1 day later, I got a follow up email:
"Hi Thumbtack Investor,

I hope you’re having a good day.

I just wanted to follow up with you on the below press release regarding the views of Mr Kee Koon Boon, CIO of 8I Holdings, on how value investing can mitigate the risks of accounting irregularities and how investors can navigate this year’s economic uncertainty through value stocks.

The press release also describes the profile of the winners of the first Inter-Varsity Stock Research Challenge at the Value Investing Summit, in which teams of university students presented their investment ideas to a judging panel of professional investors.

Would this be something of interest?

Feel free to let us know your thoughts and happy to discuss on the phone, if you have any follow-up questions. Should you need to, we can also put you in touch with 8I Holdings or the Inter-Varsity Stock Research Challenge winners."

This time I replied with a simple, polite single statement saying that I've read, but would have to decline to write about this.

I'm neutral about them: Not endorsing or critical.
Just sharing this interesting tidbit of info.
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#20
I think it is very unfortunate that the blogger has to take down the posts when he maintained he did nothing wrong, which I concur. I am also very curious how he had to deal with calls from "relevant parties" unless they also happen to be people he knows. That said, it is his blog after all and he has the right to do anything he wants.

Regardless, we were merely stating our own opinions as to whether we agree with his views or otherwise. It would be rather strange to call any of this "misuse" if VB does turn out to be the source of anguish.
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