Hi all, Philip here.
Instead of going all in and investing in things I know nothing about, I'd like to harness the power of the I3 investors to see what successful brands, companies and products that they see on an average day that they buy, compete with,or are very impressed with in general in their daily lives.
Appreciate if it is something directly related. It doesn't have to be a publicly listed company, but just good in general.
I'll start the ball rolling.
My daughter likes Uniqlo ( which is owner by fast retailing Japan), because the products are very high quality, very reasonable in price, and its a very neutral daily wear clothing that is no nonsense, but yet very stylish.
My wife is a big fan of boost. She doesn't quite understand the business model, but everytime we eat out and there is change to be paid, she just shakes her phone and the change is paid. Plus she just got rm5 cashback rebate from nowhere suddenly.
I'm recently a big fan of wix. Its very difficult to learn a new skill like website creation, but I believe the skill will be essential in the future one day when majority of business will be conducted online. I'm very impressed with using Wix as a free website builder. It's very useful, easy to learn and edit, and it can get quite addictive adding new features, changing themes and colours, adding special effects etc to my website without any special coding skills. I managed to make a website which I think is good enough to not embarrass myself against the websites that friends of mine paid professional companies 5-20k to build.
In terms of business wise, our company 3rd biggest in terms of increasing orders, and number 1 in terms of payment reliability is ql resources. So far their warehousing expansion, chiller equipment and other machine orders are more this year than the past 5 years in Sabah.
For my wife, her biggest advice so far is to avoid all the construction companies. The amount of approved loans is drastically dropping at the management level, and a lot of developers are overextended with high levels of servicing debt and slow sales. And public Bank is already one of the toughest lenders around.
So that's it for my end. Let's share and share alike. Give me some ideas on what you see on a daily basis and I'll share my 5 cents.
Philip
https://klse.i3investor.com/blogs/philip1/198221.jsp
