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2023-03-23 12:26 | Report Abuse
Instead, I was bombarded to talk good on Aji here in GB forum, and the die hard investor with seemingly bottomless fund says MSG is dying lol
I didn't know forums were for good news only, and I still pity those who thinks so lol
2023-03-23 12:18 | Report Abuse
I have stated my intention long time ago to switch Genting to Aji
Should've made more switching when GB shot up to around 5+ but decided to wait for the QR for bulk switching
Aji was around 13.80 at the time
2023-03-23 11:03 | Report Abuse
Kossan is leading the sector since yesterday
2023-03-23 10:42 | Report Abuse
For Kossan still safe, but the rest is ....
2023-03-23 10:31 | Report Abuse
Sold half my position in Harta few days ago, bought back one quarter yesterday
2023-03-23 10:31 | Report Abuse
Still no transaction from Aberdeen, last was 16th
2023-03-23 10:30 | Report Abuse
Today still uptrending, goooood
2023-03-23 09:35 | Report Abuse
Expensive because still comes with RM1 divvy
Furthermore, with their hedging strategy it means even at current RM3.6K+ CPO price, they will sell higher than market price of maybe around RM4K
2023-03-22 12:47 | Report Abuse
As usual, another big impact is when your subsidiaries gives you the equivalent high dividend, and you squander the profits via RPTs
2023-03-22 12:45 | Report Abuse
NTA doesn't mean much for conglomerate shareholders
The cake is yours but not for your eating, how?
Unless there is high dividend payout from Gens, and GenB other entities are not negating the profits
2023-03-22 11:19 | Report Abuse
Seems like Aberdeen stopped buying after 16th? Wait for another day or two to confirm
2023-03-22 10:13 | Report Abuse
Haha, good news, short sellers kena squeezed!
Yesterday net short selling reduced tremendously from 1.74% to 1.12%!
2023-03-21 17:02 | Report Abuse
No worries, few sen lower will buyback lol
2023-03-21 13:37 | Report Abuse
So far I only see bad news, RWNY and Catskills reduced gross profit
Need to checkout Gens and GenM performance
2023-03-21 13:18 | Report Abuse
Yes, 1.30 has big resistance, but you can see the holding support is climbing
2023-03-21 11:31 | Report Abuse
Very good environment for some short term trading!
2023-03-21 11:09 | Report Abuse
At least Aberdeen still buying, albeit slowed down a little based on 16th March purchase
2023-03-21 09:20 | Report Abuse
This thread not much posts. Can see clearly who is right and who is wrong after a few weeks lol
2023-03-21 09:09 | Report Abuse
Seems like there's new interest in the counter
2023-03-21 09:08 | Report Abuse
UtdPlt on the other hand, is holding well with the RM1 divvy
Switch to UP if you want to hold long term with nice divvy
2023-03-21 09:06 | Report Abuse
CPO at 3850, if GenP drops to 5.80 I may re-enter
2023-03-21 08:56 | Report Abuse
Finally managed to squeeze the short sellers
Net short selling yesterday reduced from 1.78% to 1.74%, good job to the holders
2023-03-21 08:55 | Report Abuse
I support 1.36 destiny lol
2023-03-20 17:21 | Report Abuse
If minor GG, maybe can at least hold
2023-03-20 11:08 | Report Abuse
I sold after capturing the divvy, after ex-date
2023-03-20 10:28 | Report Abuse
Short sellers are different animals from contra players
Somehow, I think the rally is not over yet, now is just a lower high
2023-03-20 10:09 | Report Abuse
Don't forget short selling was super strong too not so long ago, maybe around 1.1 that time can't remember
At the end, I think short sellers won when Harta price plummeted
2023-03-18 13:13 | Report Abuse
TG and Harta is valued higher in terms of price to book ratio due to having much larger production capacity than Kossan as well as perceived technical strengths
However, I believe the big gap in price to book ratio is unjustified, and could be the reason Aberdeen bought in
2023-03-18 13:07 | Report Abuse
To give some perspective to the matter, 1st March net short sell for Kossan was only 0.7% @ 17.9m shares, while TopGlove was 1.34% and Harta was 1.09%
2023-03-18 13:04 | Report Abuse
Kossan has taken over Top Glove as the most shorted glove counter, which started since around 2nd week of Feb
Friday single day net short selling movement:
Kossan 1.7% to 1.78% @ 45.6m shares
TopGlove 1.68% to 1.69% @ 138.7m shares
Harta 0.77% to 0.76% @ 16.2m shares
Supermx 0.51% to 0.54% @ 14.6m shares (has remained at 0.51% for 2 weeks, yesterday finally changed)
Above is only looking at net short, intra-day shorting could be much higher
2023-03-17 17:07 | Report Abuse
Tomorrow checkout the net short selling, data should be interesting
2023-03-17 17:05 | Report Abuse
I contributed 14k shares at RM17k+, 0.016% lol
2023-03-17 16:57 | Report Abuse
87m shares traded, value at around RM100m
2023-03-17 16:55 | Report Abuse
I think we're more like planktons
2023-03-17 16:19 | Report Abuse
Haha somebody built a wall at 1.23 lol
2023-03-17 16:12 | Report Abuse
Have you added short term liquid asset?
2023-03-17 15:27 | Report Abuse
This 2nd time soar is totally incomparable to 2020 lah, just recovery to norm!
2023-03-17 15:01 | Report Abuse
I trade only around 5-10% of my holdings in Kossan, if not able to buyback is okay, just means permanent take partial profit
If manage to buyback, keep going!
2023-03-17 14:59 | Report Abuse
Sold 20%, will buyback on weakness
Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD
2023-03-24 15:26 | Report Abuse
Weak sentiment, sold some