 Hi everyone all right good evening good evening I guess you guys are must be super excited tonight because we are going to give you live market updates All right, if you love to have market update from us Can you type M in the chat M sense for market update in the meantime? I'm just going to Blast it to the telegram channels right now that we are live so that more audience can join us So for those who have already joined us. Can you let us know do you feel the market? It's bullish. It's Barrage or you are not sure if you are very bullish type B if you are very bearish type Bear or if you're not sure type NS. Okay, hold on in the meantime while waiting for the audience to come in I'm just going to blast it to the telegram channels All right starting now. Yes, so I can see Adrian is here I can see sh e. Wow. I love the live band. I love the band sh e. Are you talking about the same sh e? Uncertain so Adrian is thinking that it's a little bit uncertain and then after that How about sh e and the rest of the oh, oh sh e is also unsure as well Okay, fantastic, and that's why tonight we want to provide you with more clarity and more certainty Exactly how to invest well and how to invest safely in this market as well So I can see that more of you guys are streaming in fantastic So feel free to also share this Livestream to other of your friends as well those investor friends or families so that you can also give them more clarity and more Better direction how to invest ahead and tonight, right? This market update is not going to be done by me because I feel that it should be done by an even more Season investor who has decades of investing Experience all right. So guys make a guess who will be the one doing a market update for you He started investing at the age of 21 and this year Okay, I shall not reveal his age, but then it has been more than 10 years So he has really been to a lot of you know market up and down and that's why by going through different market cycle He have a better sense all right knowing how to invest well in different market situations And that's why without further ado, let's welcome our handsome bo-wan to be here. Hi bo-wan All right. Hi everyone. Hi everyone. Okay. Good. Good to be here and of course, I think like what Chloe mentioned earlier on You know, I'm happy that you know that I'm actually been investing for about 10 years So which also means that I have 10 years of learning lesson to actually share with all of you But I think very important. Okay. I think Chloe is also amazing, you know speaker and also investor That's why today. I think she will also be the one to also a review the market update And also to also share some insight as well so that you guys can actually get the Hundred not just hundred two hundred percent value. So if you work guys one two hundred percent value, can you type two hundred in the chat? We will give you double of that right five hundred percent. Okay, my max Okay, fantastic, I can see the response coming in coming in yep Do help us to also share this out because like I said the information that we are sharing is actually, you know Not shared before in the public itself So again, we have actually spent a lot of time to come out with all these and as much as possible You know when it comes to market update one of the thing that a lot of people thought that is this like a crystal ball Telling me, you know, whether now is the best time to buy or not But very importantly, we do not want to see this as a crystal ball But we want to see this as giving you the clarity and making sure that you are heading towards the correct direction I think some of you want to buy right now, but I was so scared if one, you know The market keep dropping over the last one to two weeks So if I buy now what happened if it goes down further more, you know So give you more clarity to help you to actually make better investment decision All right, I can see people are getting super excited some of them even shouting your name That's amazing. Okay, I today I didn't rename myself as handsome boy when I just put HP So you to interpret I Open for interpretation. Okay, you guys can imagine what does HP actually mean in the meantime But when it's going to share his findings his research that he spent a lot of time Doing right so he wants to give you a lot of value So make sure you also keep us asking questions Right if I have any questions in between put it in the chat so that we can also clarify doing this special market update from BOS as well Okay, so right now you guys should be able to see my screen if you can see my screen Can you have the time in M you M you for market update? Wow and you it's also sense for micron Comment again about this company This is not a stock recommendation Okay, so let's get started. Let's get started I think first thing first before we also begin is that today is not a recommendation, you know for a buy or anything I think very importantly, you know when it comes to investing always do our own deal diligence So today this are all based on my own personal view I hope to give you guys some clarity and insights into how I view the market itself So before we begin, okay You like to share off start off by sharing with all of you some breaking news That means recently in the news, right? Well, they actually quite a number of exciting Article headlines, okay that caught all of our attention the first one. There's this famous investor Okay, called Michael Burry. So recently, right? He actually shorted the market I mean, he actually bet that the market is going to go down and how much money did he actually put in? 1.6 billion Well, when I saw this I was actually pretty shocked. Okay, but at the same time I also took it as a pinch of salt Why do I say this is because this is not the first time that he appeared on the headline saying that he Shotted the market, but what really got me like wow to take a second look at this is that he's 1.6 billion consists of 90% of his firm portfolio So, you know that this time round, right? He's pretty serious It is not just all talk but literally he is all in to bet that the market is actually going down So with this kind of news, right? Some people will start to get a little bit panicky and say the April one I'm actually right now bullish in the market You know, my investment is all inside but this guy and he's relatively well-known because he's appeared in this movie called a big shot Now having said that if you actually can look take a look at the article itself, right? Basically, nobody know the main reason why he's shorting the market. That's number one and number two Nobody talks about the timeframe of how long is he shorting the market? So he could be actually shorting the market for two weeks and then subsequently when he make money he get out But what happened is that if you do not know how long is he or when is he taking profit? You thought that one. Maybe this is going to be the big crash and then you keep on waiting and waiting and waiting Then I can tell you okay, you might be disappointed So for me when I see this, I just take it as in maybe something is happening Okay, but I do not want to jump into any conclusion very importantly. Now next we look at the next news There's this very very Experience Goldman Sachs veteran. He said that he's no he's very worried about the stock market And he said that right now is no longer a buy the deep market So we all know that when the market drop, okay It can present as an opportunity for us to accumulate more share But why is it that he mentioned that this is not a buy the deep market? In fact, if you look at the article, right? He actually mentioned Investor have shifted their trading behavior from buy the deep to sell the rally market That means people are not buying more when the market drop. In fact, people are shorting it and selling even more So this is a new change in tone and sentiment again Okay, this is based on his personal experience and he started this thing called flow analysis Now again when I look at this, I Also take it as a pinch of salt because again, we do not know what is his game plan And what is the reason why he's actually posting this and many a times? Okay, they are sentiment can also change So maybe when the market starts going up, he probably also changed his statement Okay, depending on where the market is heading, right? So one thing that I realized is that people are getting fearful whenever they see news article like this So very importantly when we always ask you guys to invest or if you want to become an experienced investor Very importantly, are you affected by all this news? There's actually appearing and I can tell you the news changes every day For example, if tonight the market goes up if you look at the news everything is going to be bullish There will be five to ten news that talk about the different reason why the market is actually bullish And if let's say the market goes down there will be five to ten different news that explain Why the market is actually going down and you realize that every single day it is not the news It is not rather the fundamental that is affecting It is depending on the market if it goes up then the news will be positive if the market goes down Then everything will be negative. So let's look at fact. So if you guys understand what I'm talking about Can you help me to type in fact? Okay, we look at fact, which is information Now something that JP Morgan have actually done an analysis. Okay, and that is on household access savings Now, I think this is also something that is worth taking a look and that is we know that back in 2020 We had a COVID so during COVID in the US government gave out a lot of money And that is why you can see that after 2020 the market actually goes up quite a fabric and in fact a lot of Consumer stock. Okay, people actually have a lot of savings because of the cash that the government is actually paying But based on this article is saying that right now the cash that they have accumulated during the COVID period is almost depleted So again, there is something that you know, it's of concern. It's of concern to all of us as well So we just think this as a as a something to take note of at the back of our mind Now, let's take a look at a current market in terms of Investor sentiment is the market bullish or is the market, you know more bearish Maybe you can type in. Okay. What do you think right now? Are we bullish or are we bearish? Don't type the first letter because I don't know whether you are referring to boo or bear Okay. Yeah, just type the full name whether is it bullish type boo if you think it's bearish type bear Okay, I hope it's not because I've just shared the article and then You kind of agree with that. Okay. So far only one. Okay. Let's have more response. Okay Yeah, y'all can just put inside the comments so that we can also get to participate You know, so this whole session is going to be as interactive as possible. Okay, somewhere in the middle Amazing. So right now if you look at this particular data, okay, which is the fear and greed index It is actually telling you that right now market is also a little bit uncertainty. Okay. They are not greedy They are not fearful somewhere in between waiting for things to happen I love to actually look at this thing called a fear and greed index In fact, how do you get this? You can just Google fear and greed index You'll be able to find this particular page. I like to look at the average for example, if you look at this particular data Right previously if we just look back at about two weeks ago, we were actually at the extreme grid area All right, so I was also telling the community and say that a when people are greedy You need to be fearful. So it's also considered a good time for you to start taking some profit Or if you want to buy don't buy when everybody is greedy buy when everybody is fearful So now the question is if let's say we believe that the market is going to continue to go up All right, when would be a relatively good time to start entering the market? So as you can see over here, I've actually drawn two lines. Okay, so this is a bit like the support line Okay, but this is a very different case. It's just based on this fear and greed So you can see somewhere around 30 plus, right? Okay, if I were to want to enter I think my first entry point will be somewhere around whether You know fear is at about 30 and of course if the fear goes all the way to less than 25 Okay, that will be where I will have more bullet to actually go in as well Right when people are extremely fearful, right? I love it. Okay. I love to actually enter during this kind of opportunity So always remember I buy on fear again I also want to clarify maybe I think some students are also like wondering as well So based on this right the lower number the highest the fear the higher the fear. Is that right? Correct. No, in fact the lower number in fact, uh, 35, right is somewhere neutral So if you look at the current number, right? Current number is about 50 50 is the neutral one Anything less than 50 becomes fear than extreme fear Anything above 50 is greed and extreme greed Okay, I see I based on the support of the fear and greed index Correct. So right now it's actually somewhere in neutral anything below 50 You can see it's starting to become fearful But how fearful are also the one people fearful that you go in already must make sure that the fear is big enough Accumulated a little bit more and when the market goes down further, I can tell you the market will become fearful All right, so next let's move on again. This is what I say one This is actually mentioned by Warren Buffett. I think this is a very famous code Be fearful when others are greedy and be greedy when others are fearful So I love to actually relate to this referencing to the fear and greed data that I just shared earlier on as well Now, let's move on one thing to also determine whether the market can continue to go up higher or not Is to look at this thing called inflation All right, so we know that inflation is basically things getting more and more expensive And some of you also wondering bowen how come in the last two weeks the market actually start to fall You know previously it was very very bullish one of the key Data that was actually released was actually the inflation data So you can see over the last one year inflation data has been dropping every time Okay from 8.3 to 8.2 to 6 to 5 You know and the most recent announcement It mentioned that inflation actually went up. So everybody becomes like oh, no inflation is coming back up So again, some of you will be wondering why is this a bad news? Okay, or rather. How does this affect the market and where is it heading towards to Very importantly inflation is just a data point Okay, but inflation is actually one of the key data that the fat is looking at Because the fat will actually do something that will determine where the market is heading And that is this thing called interest rate Later we will actually elaborate more on that as well So when inflation is not dropping to the fat rate of 2 percent the fat wants this to drop to 2 percent On average, that means it should actually go even below 2 percent Maybe to about 1.5 percent or even 1 percent. All right, so you can see that right now it is still There's still a gap like towards where the fat actually wants the inflation number to be So because of that, you know the fat will be like oh, the market is not heading where we expected So naturally what will be the reaction is that should we continue to increase the interest rate? probably yes So based on this data, the next thing that probably they will do is to continue to increase the interest rate But let's take a look at this inflation And whether will this continue to go up or will it actually start to come down further? If we actually go and dig further into how this inflation data is actually collected You realize over here. There's this thing called a shelter inflation So this shelter inflation actually consists about 90 percent of the 3.2 percent Yeah, so you can see that it is actually quite tilt towards a certain percentage of one category So if we were to remove this shelter inflation, if you look at the green color bar Okay, or rather the green line You can see that if I were to remove that actually the inflation is way lower Which is pretty healthy. I would say, okay That means technically if you are in us, you know prices are dropping and things like that Which is a good sign of inflation coming down But why is it that this shelter inflation still remain high even though it seems to be slightly coming down? Okay, I've also gotten some additional data to share with us Moving forward where this shelter inflation is actually aiding So you can see this is again not mentioned by me. Okay, this is by this gentleman called Auguston. Okay, I also don't know who is he la but based on the title He is somebody from the federal reserve and he he spent his time doing research So instead of me doing the research, I let the expert show you what they actually feel So they say that okay, basically moving forward, right? This shelter inflation could is substantially In fact, they mentioned that it'll probably go all the way to close to zero For this shelter inflation. So which also means that right based on this forecast, la Okay, I would say that the core inflation moving forward, right? It's going to drop drastically As the shelter inflation start coming down because other inflation has already gone down quite a fair bit It's only this thing but based on their research and their data It shows that this is actually coming down really really soon So to me that is a good sign that inflation is actually under control Okay under control So let's move on Let's look at interest rate. We know that interest rate is rising and every time the interest rate rise You know the market kind of take it negatively. Some of you will be wondering why Okay, but very simple la when interest rate goes up It also means that if I am a business if I am a listed company I want to borrow money to grow my business Wow, now the interest rate is so high means that I have to pay more That is also the reason why Okay, when interest rate goes down Business are more willing to actually borrow money and when they borrow money, they didn't put it in the bank They use it to grow the business and grow the economy So that's also where we realize that when interest rate starts dropping market I would say the a whole economy right actually start to grow Exponentially so that's a good sign for businesses and naturally it is a good thing for the stock market as well So everybody is just waiting when is the interest rate going to start dropping? So this is something that we have to understand So let's look at this very very interesting data Okay, call the dove versus the hawk. Yeah, how many of you understand what is dove and what is hawk? Okay, if you understand type you if you don't understand type d. Chloe Do you understand dove versus hawk? I guess dove is like peace Hawk is like aggressive Okay, but let me just give you a clue la if I were to link this to the federal reserve What do you think would be the real meaning? You know the fat like to use this term called hawkish Have you heard of this? Yes If you understand means that my slide is not done Properly, okay. You are not supposed to understand. Okay. Yeah, basically when the fat say that the Economy or they are hawkish About the whole economy means that they feel that the market is still not doing that well Okay, so usually when they say the market is hawkish or the economy is hawkish It means that they're going to increase the interest rate when they say that the market is the dervish That means doing well. It means that probably the interest rate will start to Come down. So make Make a guess right now the federal reserve. Are they more dervish or are they more hawkish? I can type the first letter la H or D. What do you think Chloe? I think uh, I think it's still hawkish Still hawkish, uh, okay. Let's take a look at what the fat is actually saying Right, so you can see over here They mentioned both the derv and the hawk acknowledge that inflation remains too high But for the most part the hawk advocate that another rate high is warranted So most of the fat officer actually right now is still relatively hawkish Okay, which also means that as mentioned, uh, that the next rate high is very very likely still going to happen All right, so of course when that happens is going to add even more pressure onto the whole economy I think especially for those of you who are right now If you have a mortgage loan or if you have any kind of loan You'll be able to feel the impact of the rising interest rate. The only person that is very happy right now Okay, are my parents? Why is that so because this is the time where they put their money into fixed deposit, uh Also make very very good returns. Okay. Yeah, but can you see is this what the government want you to do? Do you think the government want everybody to put their money into fixed deposit? That says no In fact, the government want you to take the money out and spend it borrow as much as possible How does the government print money the more money you borrow the more money they can create Right. So again, we have to look at this right now when interest rate is so high to be honest I'm not very good for the economy But if you are a sabre if you love putting your money into fixed deposit rate, it is good Okay, but I can also tell you upfront that these good times are not going to last very very long So for those people who say that I don't need to learn how to invest Just put the money in fixed deposit every year get about four percent Not wrong. Not wrong. But how long can you collect this four percent? Okay, very likely I can tell you even towards near the end of the year Interest rate starts to drop this rate is going to drop by next year Maybe your fixed deposit rate is going to drop to two percent or even less than two percent Right. So again, we have to look long term. So when it comes to investing always look at long term Don't just because right now there's certain opportunity. We want to make some quick bucks and then we jump in. All right So let me just continue Now when is the next very important day for us to take note is that the fomc All right So you can see fomc is going to announce the next rate hike and that is going to happen on the september 19 and 20 Again, we don't have to spend over attention on this But just take note Especially if let's say you want to go into any investment during the period of time You know, it will be best if you just maybe avoid or wait for the announcement to be over Before you make any decision. I think for me, I like to avoid unless okay for those of you who knows how to do options Ah, when there's this kind of announcement, uh, usually the Volatility will be higher Then of course if you have the right strategy, you can actually benefit from the volatility itself by selling options To generate higher ROI, but other than that, okay normal investor out there. Usually I will try to avoid So over here, they mentioned that there will be more rate hike coming Which I actually do foresee that definitely the next one is going to increase But will it be one more or two more? I think that also depends on the subsequent data that's going to be Uh, oh, okay in the next few months as well So let's look further. Okay. I want you guys to actually make the guess Where do you think we are right now if you look at the whole economy? Are we at the disbelief? Are we at the hope or are we at the optimism or belief? Maybe just this fall. Uh, DH OB Where do you think we are right now? I'll just give them a some time to actually type it in. So maybe Chloe. What do you think? Um, it does look like in our opinion a little bit more like Hope or this this belief the kind of area disbelief Okay, okay, so Originally, I also thought that it's probably somewhere around hope or disbelief But in fact, if you look at the last one year, the market has already gone up quite a fair bit Okay So it doesn't seems to be like a disbelief because usually this belief is where you know the start of the bull run Which is actually like one year ago, uh People say that the market will go up, but then a lot of people still don't believe That's where they are in disbelief Then of course hope is people thought maybe the market will go up. Maybe it will not Okay, but I think right now based on my personal view, I would say somewhere Between optimism and belief Okay, and that got me really really Excited because why you can see that that is where the market actually goes up quite significantly Okay, quite significantly of course over here if you look at this chart, it just show you the chart It doesn't show you the time frame Okay, it doesn't mean that why if you buy today, right or three months later, you will make Uh a lot of money, okay Because this whole run it can last as long as maybe three to four years But very importantly, okay, we want to actually go in at a relatively good time And I always believe that at any point of time It's always a good time But very importantly is you want to buy into Good businesses if you buy into bad businesses, I can tell you even in the most bullish market, right? You can still potentially lose money All right, so again, don't just simply time the market more importantly is to actually look at what are you buying? I think that is really really important as well Now let's move to the next one. Okay. I want to use some technical analysis to also help you guys make some, you know, uh Clarity or or basically see where the market is actually heading potentially Before that I just want to ask like how many of you feel that this has been very comprehensive For you like not just providing you with the economic data But right now also going to going to provide you with technical analysis Guidance, how many of you feel is comprehensive if you think that it provides you with more Clarity can you type c in the chat case c send for clarity So really have to goodles to Bowen for spending so much time to do up this research and and I'll give you guys the The necessary clarity and guidance during this period of time So thank you so much Bowen and and people say love it Ian say I love it great company is fantastic and a lot of people say clarity clarity fantastic So Bowen you can continue to guide us further in ta Awesome awesome. Wow the more you guys love it right the more we will be happy to share with all of you Even more as well. Okay. Yes. So if you look at technical analysis This is something that I actually love a lot. You know in the past I always you know just based on value investing, you know and just simply buy low and sell high But one thing I also realized is that if you have technical analysis It will also help you to prevent some of the biggest losses Okay, for example in the Dow trend, you can keep on buying and buying and buying I want if you You know, you can wait for the market to start to reverse before you enter Potentially, okay, you can actually make even more money. So I always believe that Adding more skill set right to what you have. Okay, and combining together can optimize and Increase your ROI even more. So again, that's why I even for market update I like to use this to give me a further clarity as well So you can see market has been dropping for quite a long period of time drop drop drop Again, ah now that you look back, right, you'll realize that the drop is pretty systematic Okay, it's not like random. Okay. Again, the market don't actually move in random Okay market always move in a certain pattern because why guys remember the market is made up of the buyer and the seller And who are these buyer and seller? It is us. Okay. We are all human human and human buying and selling psychology I mean she buying pattern. So that's why you realize that no matter how you say that, you know, there's no way we can You know predict the market and things like that, but human emotions always repeat itself. Okay So that's why the pattern still continue so for the past one year market has been heading upwards and Actually for the last few months, uh, the market was actually way more bullish than I expected Okay, in fact, you can see that way before back in somewhere around May or June Right, I was expecting the market to reach the top and then start to correct But it actually continued to weigh even higher. So right now I would say that usually the longer the run right when the drop happened Or rather we call this like the correction or the pullback Okay, if the run is huge, usually the pullback will also be bigger Okay, the pullback will be bigger as well So in fact, if you look at this right over the last one to two weeks market has been dropping Is this something that I am really worried about in fact? No, not at all In fact, I kind of have been waiting for this to happen Why because I'm waiting for the time to buy more and accumulate even more chess So when the market is going up as much as I want to buy, you know But I know that there will be opportunity for me better opportunity For me to enter So again right now market is dropping doesn't mean that I need to start buying already Okay, for me also I tend to wait a little bit more Okay, again back to earlier on the fear and greed I want to wait for the market to be fearful or rather to be at extreme fear Okay, and then I will start to go in So if you look at the support line, which is somewhere at the bottom green line Somewhere around $400 Okay, I will be more than happy to actually go in and accumulate even more as well So right now I'm actually kind of still just waiting Okay and observing where the market is actually heading So I don't really look at it on a day-to-day basis But rather I just took a look Okay, and then I will see whether has it reached my entry point or not So this is very very important So you can see that this is a very healthy correction that is actually happening So again, I'm not too worried about where the market is heading If it drops further I'm excited. I'm happy to accumulate again Don't accumulate any company accumulate good company So today I think I also want to give a little bit of a bonus Okay, and share with some of you some company Wow, I think it depends on how responsive are the audience Right, do you guys want bonus if you want? Can you type bonus in the chat? Because I think Bowen has done with his market update Also right now he wants to ask you guys Oh, Daniel said give you a lot of hearts You know love share, please Tony say yes, please All right bonus bonus fantastic People are looking forward to that So Bowen, can you share with us your company's infocus? Okay, okay, okay, yeah So let's take a look The first one, y'all make a guess What company is this? This is like a giveaway Somebody help me If somebody type orange then I'll be worried Wow, this is none other than Apple Okay, so of course we know that Apple is a great company Right now I'm doing this sharing on my MacBook Okay, which is also an Apple product So why am I excited is because you can see that Right now Apple, right? It has actually fallen back into the previous resistance Okay, and so basically, you know The previous resistance right now is also the new support area So potentially based on technical analysis Now could be a good time for you to accumulate For those of you who didn't manage to buy at 1952 expensive Right now, 17 plus Better pricing, right? Yeah, at least a 10% saving So if it goes back up to one line You already make about 10% But let's take a look further Let's take a look further Now, I don't just simply look at TA Because before anything happened I always like to look at FA and also look at valuation Because one thing is I don't like to overpay Okay, for something Even if it's a good company I also don't like to overpay Because I always believe that Whatever has gone up too much It will eventually still come back down to the fair price So if you look at Apple based on the PE ratio You can see that right now Even with the drop, right? It is still at 29 Relatively higher As you compare 20, 22, 20, 21 Right now it's almost one of the highest Other than 20, 20 Okay, but remember 20, 20, why is it Much higher is because the earnings drop Yeah, the earnings drop more than the price Okay, so that's why That data is technically not the most accurate Now, if you look at the price to book Everything is actually one of the highest So if you ask me right now Even though the prices did came down a fair bit I would say that I prefer to still look at Better company That is at a good valuation So not that I don't like Apple But I feel that there are better opportunities out there That can potentially give us better ROI So if you guys You want to know what is potentially a better company With more ROI Can you help me to type in BB for bonus Ah, then maybe I share one more company Bonus, bonus Bonus, at least say Apple might drop to $120 Maybe, maybe Okay, again, we don't speculate So some of you say Apple, Microsoft, Google Matter exactly I mean these are all great company But at the current price point You know, if you ask me to enter I'm also like, should I enter right now Quickly bonus, faster bonus Okay, wait up before I go on to the next one I want to ask Chloe Have I shared this company called PDD before? Not in a public Not yet, right? Yeah, I think I shared it in our inner community But I have not shared over here Okay, so Okay, let me share with Actually, they know what company So this company is none other than Hey, I'll come with this one Okay, actually there's supposed to be a picture here But it's none other than this company called Ping Tuo Tuo I want to ask all of you Have you heard of this company called PDD before? If you heard of it, type yes If you never heard of it, type no Yeah, some people already know it's from China Is it dangerous? Okay, later I will share the Upside and of course the potential risk I think everything we need to understand that there will be risk So it's good for us to manage as well Okay, look familiar Some of you are familiar Some of you not so familiar But basically if you look at this right What Ping Tuo Tuo do is they are an e-commerce platform Just think of Alibaba Think of JD.com So Ping Tuo Tuo is another platform that offers That sell goods Okay, which is on the e-commerce platform And they are a China company Now if you look at this company right They are three year revenue Compounded growth is 65% every year That means 65%, 65%, 65% For me, number one, that really caught my eye Okay, even if you look at the five year Compounder is 150% That is really, really crazy Now the second thing I like to look at For every business is the margin Okay, are they a high margin company If you look at their margin Net profit margin of 25.65% Super, super amazing Then of course, we also look at ROE 30.33% So far everything seems to be perfect Okay, yeah, and of course If you look at the PE ratio is at 21.24% Again, I think the valuation is relatively reasonable But I want you all to understand What is this business all about And why do I think that there's actually a potential over here Let's dig further So one of the things that they focus on Is this thing called agriculture Okay, so if you look at, for example What differentiates Ping Tuo Tuo from Alibaba Or even JD.com is JD.com or Alibaba They are a platform that connects buyer and seller Okay, then of course they earn the middleman fee But what happened is that right Just imagine for the seller Where do they get their product from They also get it from the wholesaler Correct or not So there might be 20% getting from the wholesaler And then they all can list the product on Alibaba And then sell it to all of us But what Ping Tuo Tuo do is They straight away connect the seller Okay, they straight away connect the buyer Which is all of us To the wholesaler So they go all the way to the root To the source of the product So why do you think they are trying to do this Okay, when they do this, number one They are able to reduce the cost even more Okay, so again that's why if you were to compare Ping Tuo Tuo With Alibaba or any other e-commerce website Their prices, you cannot compare one It's definitely cheaper So that's something that I like Number two Agriculture is something that they are focusing a lot That means they are connecting all the farmers In China And straight away Providing all the You know your vegetables, your fruit, your fish And everything to the consumer Why do I like this Is because when you go to website Like for example Shopee and all that Will you everyday go and buy things The answer is no When you need it, you go and buy it But if you look at agriculture Like your vegetable, your fruits Your fish, your meat Will you buy them every single week The answer is yes So can you see that this is something that is More recurring Okay, and more sustainable in the long run And they connect directly to the To the wholesaler Which is the farmer Okay, and the source of the farm itself So what they do is that they really believe In helping and really transforming The farmer in China And helping them to connect to all the consumer out there So this is something that I personally love a lot About the business itself So let's move on to even more I think this is something that I've mentioned a lot Okay, let me just move on even further If you look at this thing called Timu Okay So Pingtoto is the China version So what happened is that right They also expanded overseas Okay, and the overseas version is called Timu So you can see that this is actually Launched in the US as well as the UK So if you look at some of the data over here Okay, you can see that Timu is actually The most downloaded app in the US For the last few months of 2022 And remain there for almost every day in 2023 So wow They go into the US and they literally Become one of the most popular one Now why is that so? Because you have to understand For example in the US If I were to buy a If I want to buy a socks in the past Maybe a socks will cost me four to five US dollar But right now if you go to Timu The socks probably cost 20 cents So to them it's like This is crazy They have never seen an item that is That is so cheap before Okay, because why? They are not just connecting you to China supplier They are connecting you to the source And that is why the price is really really like unbelievable So let's move on even further Okay, if you look at their GMV Which is their total sales right Okay, when they first started It was only three million Okay, by January Which is only a few months later It went up to 192 million Okay, I can just see the growth right And of course they already mentioned that By the end of the year itself Which is 2023 They are estimated that Timu will be doing One billion monthly Which is one year how much? Which is there means they are expecting A yearly of 12 billion Okay, gross merchandise volume This is a crazy amount 12 billion a year of TMV Now of course let's put this into Some comparison If you look at this company called C-limited Okay, let's look at C first The Southeast Asia market We can see that some of the bigger players Are Shopee, your Lazada, your Tokopedia So Shopee is doing about 40 over billion So even if I take this Timu Growing at 12 billion a year Is it really a lot? To me I think there are still a lot of room to grow Because why Shopee is doing 40 over billion And I've already mentioned that The business model is very different Why is it that even if I were to compare Pingtoto or Timu with Shopee Timu will win because The price is way lower As compared to Shopee Okay, just remember Shopee can be any one of us I can buy something from Taobao And then I put it on Shopee I also need to earn money But now they don't even let me earn money This year we go to the supplier Right, so that is of course something That is changing the whole game itself So if you look at number Okay, very quickly Look at the revenue It is growing like crazy If you look at the profit margin This is a relatively new company And within a short period of time They have already turned profitable That's why you can see that their net margin Is positive And not just like 5%, 10%, 20% If you look at their EPS They turn profitable back in 2021 And 2022 you can see that The earnings went up quite significantly And of course when everything is positive The ROE is also very, very healthy as well So really, really amazing In terms of all the numbers You all can use the E-Friend R Then you all can see the How powerful this number is You look at a free cash flow Cash equivalent Look at the long-term debt Okay, the debt is extremely low So they are not really like Sea limited Taking on a lot of debt To grow the business Literally for them They are already a cash count They are making tons of money So that is something that I really, really like And of course their book value has been increasing On a year-to-year basis Let's look at the valuation Of course, very exciting is The PE ratio is at 20 Then of course, I mean This might not be the most Updated, updated one But you all can go and take a look I believe it's still relatively low So for me, right Okay, I really love the whole business A model I love the growth of this company And I think at the current valuation It is pretty I think it's a fair value Okay, I think it is at fair value Now let's Share with all of you Okay, game plan Okay, do I have a game plan? Okay Wow This one don't share with all of you first Okay Wow Before we share the game plan Y'all must help us to like and share Yes, yes, help us to Like and share And in the meantime Okay We are Because we are going to create a poll Inside our BOS telegram So if you have not joined our BOS telegram channel The link is rolling right at the bottom Can you see that BOS telegram t.me slash bossy alert Because right after this We are going to do some polls And then at the same time Share more information over there So make sure you join us as well And we do have a two-day You can see that for example How Bowen invests, right He really looked very deep He doesn't just invest based on like news Or like sentiments and all this Right, he really analyzed it Right But there are for certain system and structure For you to follow So that you can start analyzing So systematically Right So in our two-day BOS MBA Right Which is happening in September Mid-September We're going to teach you step by step How you can do that And it's these two days Completely free So you have not joined us Make sure you also join our BOS two-day MBA And I think people are also very excited right now As Gabriel even said I like and share already Please share with us your game plan Okay, cool cool cool Right, so of course, yeah For those of you who have helped us to like and share Really really appreciate I think again This is not just for yourself I think for all of your friends around you Right, this will be very very useful For all of them Because I've seen so many people You know they have lost money in the stock market And I think this is You know something that They wish that they actually know All this much earlier as well So let's look at the game plan Okay, so my game plan Is of course to buy the deed Okay, yeah So I'm a bit different From the Goldman Sachs veteran So of course I always believe You know when the price is right Okay, accumulate even more I think I've been talking about this For easily the last six months to one year Okay telling people to buy and buy and buy and buy For the people who have been buying Then of course good I mean right now you can see that They are all making money Right, for the people that have not bought yet I just want to share that I think the opportunity is still here Okay, of course like I mentioned I think right now we are probably at the start Or maybe somewhere Maybe 20-30% of the huge bull run But I mean it's not like a six-month bull run Okay, it's going to be a relatively long bull run So again that opportunity will still be here Especially when the interest rate starts to drop Okay, there could be even more run up For the business is I mean for the stock markets But having said that Market don't just go up in one direction Don't expect that today you buy Then every day you see grain in color There will be fluctuation That is also why we always say that When you invest right Invest as a community So that sometimes when you are afraid When you are worried right Okay, you have people who are more seasoned More experienced to tell you Don't worry, when it drops Don't worry, buy more Okay, yeah So that's exactly what I'm doing really To look at the good opportunity And also the good timing And then to accumulate even more as well I'm also very curious How many of you guys have been doing that as well We have been accumulating shares For the past one year If you have been doing that Can you type A in the chat And in fact this is what we have been Advocating to our BOS community members as well Yeah, every single month Just keep on buying good company At a good price when the price fall Come to them instead of they chasing the price Right, so I think that is super important So obvious rebound from support Right, so yes This one is just to further remind everybody Remember earlier on I mentioned That the price is now coming down So when the price is coming down Usually I don't chase after it Okay, I wait for it to reach the support Area that I've actually drawn earlier on And only when it start to bounce up Then I go in It's just like roller coaster When the roller coaster is going down You do not know when is it the bottom You only know when is the bottom Only when it start to go up And then you look back Eh, actually that was the bottom over there So can you see that it is actually more obvious So again when it comes to investing We always look for obvious sign And always believe the more research you do The more obvious it is Whether this is a good company Or this is a bad company Right, so again coming back to just now The last company that I mentioned PDD Okay, when we do our research right We went so deep that in fact I was also looking at where the current CEO Okay, is actually at What is he doing right now Okay, how do I know? Okay, just Google Okay, but anyway, just to share with all of you This is a bit additional information right Is that the previous CEO of Ping Tuo Tuo Okay, he is actually very very young In fact right now I think he is one of the top 10 billionaires In the world I think his network is way more than any other China CEO Right, because of the thing that he has actually built up But what is so amazing about him is I'm sure you all know that Warren Buffet In order for you to actually meet him for lunch You need to pay millions of dollars So previously right During one of the lunch sessions that actually happened Okay, that was actually a I remember is it a China investor Or the US investor Okay, but what happened is that That China investor was actually The CEO mentor So when the mentor went to meet Warren Buffet After paying millions of dollars He actually brought the CEO of Ping Tuo Tuo together with him All right, so if you ask me The current I mean the ex The ex CEO of Ping Tuo Tuo right He also learned a lot from Warren Buffet So his philosophy is also You know believed in the long term And really to build something fundamental So strong Okay, that it will actually grow over the long period of time as well So I really love something You know that this thing about him is that he's very long-sighted So I will mention where is he right now In fact, he he actually Not say dropout Okay, he left his position as the CEO Okay, and right now he's actually getting his PhD In what in agriculture Why do you think he's doing it? He's actually Building his knowledge even more So that he can actually build the Technology side For the agriculture portion So he's somebody that is very very down to earth He wants to actually help China to actually Transform the whole agriculture into not just the traditional way But really the high tech way Okay of growing And when this happened Who is going to benefit Not only the farmer is going to benefit The consumer is also going to benefit Okay by getting a better pricing And also with all the transportation That is going to be very very smooth Everybody will get very very fresh vegetable as well So coming back to the risk That you guys mentioned about China government Okay, again, this is China company So no doubt there will be risk When it comes to the China government coming in And trying to restrict this and that But one thing you also realize The China government what are they doing If you make a lot of money Doing funny thing I will come in and make trouble for you But if you look at the thing that they are doing Helping the agriculture portion of China to grow And they are really contributing to the success of China As a whole Do you think the government will come in and fight trouble for you Or do you think the government is actually more supportive Of this business itself For me, I feel that as a government If I see the effort that you are doing over there To help the rest of the rural part of the China All the farmers out there To have a better standard of living You know so that the whole economy can grow I don't see any reason why I want to actually find you Or even give you trouble So for me, I think when it comes to risk We also have to understand The government is not here to fight trouble If you are doing a good thing I also want you to do well Because you are in a way also representing my country So I think when it comes to understanding this We try to go and look at it from different perspectives as well So again is there risk in the China regulation and things The answer is yes And so that's why even for myself When I invest in China stock I cap to a maximum of 10 to 15% The rest I still believe in investing into US company So that is in a way how I manage my risk In terms of the allocation to the China company So that pretty much cover the things that I have For all of you I hope you guys are learning a lot from today's session as well Yeah, let's ask the audience Sorry, did you guys learn a lot from this If you did, can you type L in the chat L stands for learner And in the meantime, for those who have already joined our BOS telegram You can go and do your voting right now We are very curious since you learned a lot from this So what is your insights? What kind of a consideration as an investor That you have developed from this market update So the first question that we ask is After this market update Are you bullish or are you bearish Put it inside the vote And the second one Do you consider Pingdo Door Which is the company that Bowen just introduced Just shared as well As an investable business Yes or no I am very curious to know all of your thoughts as well In the meantime You can see that the votes are coming in Wow, quite extreme right now So a lot of interesting things happening in the telegram So make sure you do join us Link over here if you have not In the meantime, I can see that All our audience here, they really love your sharing They learn a lot Thank you so so much everybody And by the way, next week We are also going to invite Another very special guest Because every single week We want to make sure we continue to learn Continue to level up And learn from other people as well For example, today we get to learn from Bowen Then next week we get to learn from other investors So this investor is quite interesting And the next week's topic We are going to teach you how to buy $1 million When you can achieve $1 million by 30 years old Which this investor achieved that 1 million by 30 Is it considered luck or skill How many of you would love to increase luck In your own life? Doesn't have to be just investing It can be different aspects of your life Increase your income and all this If you want to increase luck Can you type L in the chat L stands for luck And that's why next week We are going to invite this very special investor I shall not review who he is Next week you shall see And yeah, increase everything So he is going to share with you How he managed to do that And how you can also start implementing To increase your luck As well as your portfolio return In the long run as well Temu is unavailable Oh actually I'm also quite curious Like just now there was one audience Who shared with us that he uses every day So doesn't mean that this audience He's either based in China He can use PDD, Pingdo Duo Because Bowen if I'm not wrong PDD, Pingdo Duo is still only available in China Right, if it's outside of China Will be Temu already Yep, yep, that's right So can we try out Temu in Singapore I think it's not here yet If it's here you will disrupt the whole I wish it can be here So we can really have a feel And use it as a user Then you can really have a deeper understanding Of the company that you are interested in as well Buying more of my Apple But I know Pingdo Duo is a sensation in China It serves the gap that it's not being filled By B8JD or B8 Alibaba So when they are able to fill the gap And they are able to help more people Especially those like Those cities that are not cities Are rural areas And that's how they really bring up The whole economy Which I think the government Will definitely want to support them in this way Yeah, alright So super It's super popular Like Xi'an But Pingdo Duo is profitable If you go and check It's financial segment It's already profitable Yeah So go and do more research Don't just buy based on what we are sharing Make sure you do your own homework If you don't know how to do How to do research and all this Then make sure to join our two-day BOS Happening in mid-September Alright, we will teach you how to do Proper research like that Alright So with that, alright Thank you everybody for tuning in And we will see you next week To increase your luck So see you guys Have a great weekend Thank you Bye Thank you Bowen as well Thanks so much for your insights Thank you everybody