SincereStock

SincereStock | Joined since 2017-05-25

Investing Experience Intermediate
Risk Profile Low

Value trader. Anti technical analysis. targeting undervalue company and hoping for privatization (easiest way to earn money) PB & PE are core convictions (quality details with future prospects)

Followers

10

Following

1

Blog Posts

0

Threads

2,174

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
2,174
Past 30 days
63
Past 7 days
9
Today
1

User Comments
Stock

2023-08-30 14:30 | Report Abuse

just bought a few PETRONM today between RM4.48 to RM4.50, entering my first petroleum retail counter,

hopefully the price is low enough now and future earning is good and consistent

Stock

2023-08-30 12:15 | Report Abuse

also only because company is making losses few years in the past we can collect it cheap now just right when engine is started

Stock

2023-08-30 12:13 | Report Abuse

@squirtle look at it's past record dividend la, dividend stopped only because company started making losses, now only the company is back on track to earn money, give it few more quarter of positive gain and highly probably dividend will resume

Stock

2023-08-30 11:14 | Report Abuse

@million76 hard to say it can still maintain half of the EPS in future, that's remain to be seen in the future, but I rather stay out 1st looking for other more consistent EPS undervalue counter

no point to stay loyal here while it's future is uncertain while I still I got profit in hand

if this counter continue to downtrend I might consider to reenter at some point, need a better entry position here

Stock

2023-08-30 09:00 | Report Abuse

cut queue sold all with profit at RM1.20 today morning open price

B3. Prospects
Shipping and Marine Services Division
Harbour-Link container shipping activities are facing stiff competition with main liner operators
who have deployed large tonnages into Intra-Asia and East Malaysian markets. Container
freight rates have been eroded drastically since December 2022 to the present level. We expect
the freight rates shall remain until the year end.
Domestic trade within Malaysia is also facing headwinds in freight rates and lower cargo
volume.
However, our tugs and barges operations and shipping agencies services are still consistent and
stable and we able to generate stable revenues.
Overall, based on the above, our shipping and marine services division shall be expecting lower
revenue and profit for the next financial year.

Stock

2023-08-29 20:54 | Report Abuse

so funny when i found NICE is trading above NTA although almost every QR in history making loses, while TOMEI consistently making profits and still trading below NTA lol

Stock

2023-08-29 13:16 | Report Abuse

dividend, privatization or at least share buy back, management please choose 1

Stock

2023-08-29 12:15 | Report Abuse

wah ada lagi lebih lucky got it at bottom price RM0.835, congrats

never taught it can revisit yesterday price after this QR announcement

Stock

2023-08-29 11:23 | Report Abuse

wow, bought some at 0.865 today ^_^

just now morning after give up I see no people queue at RM0.865 so I decided to park and try my luck there. I then went out and just come back to found out that it got matched before price goes back to RM0.9 level again.

thank you so much guy who ever press down the price just now to allow me to enter this counter.

first time here, impressed with it's latest QR EPS and found that it got very much net cash balance, finance cost is nil. sure this price can goes up back to NTA level if consistently make such good EPS in future QR. good luck all ^_^

Stock

2023-08-29 09:23 | Report Abuse

btw, ada cuba buat window dressing open price tadi pagi x jadi sebab saya queue sell last sec sebelum 9am juga, cepat dia cancel haha, haha kelmarin pun gitu

Stock

2023-08-29 09:12 | Report Abuse

over rebut kamu ni pagi hmm.. give up saya :-(

Stock

2023-08-29 09:05 | Report Abuse

bought a few at RM2.98 today, superb QR

Stock

2023-08-29 09:04 | Report Abuse

sold a few more today morning at RM1.50, left a few stock only

Stock

2023-08-29 00:00 | Report Abuse

still bad EPS, no chance to reenter this counter yet

Stock

2023-08-28 21:41 | Report Abuse

yea RM2 definitely good, good for investors too almost double current price ^_^ win win situation

Stock
Stock

2023-08-28 21:28 | Report Abuse

top up this stock at lower price level can never go wrong as the company definitely got the value, risk only occur to those who chase high

Stock

2023-08-28 21:26 | Report Abuse

so so punya result, if bergantung ini result saja memang hardly support the rally or current price of RM1.50. But this stock is definitely still very undervalue la base on cash balance, NTA and future prospect.

price can go either ways from now, in case the price goes down can restock some more also, win win situation

Stock

2023-08-28 13:47 | Report Abuse

@ChloeTai you are good. that's the way lo, go down buy, go up sell or don't bother. just as simple as that nothing complicated. but some others especially those so called technical investors like that do it otherwise haha

Stock

2023-08-28 12:46 | Report Abuse

take over of umw by sime just helped to validate the true value of mbmr's 20% perodua stacks here. when the big players trade at that price between themselves, then it is the most reasonable value we can get. big players cannot go wrong with their own valuation

Stock

2023-08-28 12:40 | Report Abuse

@ChloeTai because UMW = RM5 at the best, 10% profit for waiting till the completion of take over if everything goes right (minor risk it got cancelled).

last time my experience with mmccorp also about the same situation, privatization price offer is RM2, but price flip flop in between 1.64 -1.95++ from announcement till completion, good thing that I managed trade some in between these price to earn some extra profit.

as for mbmr, the price is still limitless, can also go beyond NTA even without involving just for it's 20% perodua stake

Stock

2023-08-28 10:58 | Report Abuse

looking at the buy queue, there are no genuine general market interest in this share at this price, just someone specifically trying to push up the price by eating the sell queue strategically to minimize cost.

not that I hope the share price drop, I still holding quite some stakes just in case for privatization announcement.

but IF there is no reason behind this rally and IF it is fabricated, somehow not supporting by next QR result, collapse might happen at anytime

Stock

2023-08-28 09:02 | Report Abuse

just sold a few more at RM1.49 today morning to lock profit, need to be a bit defensive just before QR release, somemore I sus something here

Stock

2023-08-27 22:04 | Report Abuse

hit privatisation is the fastest and easiest way (no need to predict target price / peak) to make profit in stock market. there are plenty of other undervalue stock out there, why want to stick long to 1 stock? only hold when required

Stock

2023-08-25 20:40 | Report Abuse

management should just privatise this company while it's stock price still underperform

Stock

2023-08-25 20:40 | Report Abuse

management should just privatise this company while it's stock price still underperform

Stock

2023-08-25 20:39 | Report Abuse

management should privatise this company as soon as possible while it's stock price still underperform

Stock

2023-08-25 11:31 | Report Abuse

@rchi what to do with rcecap? not even the same bidang, many other counters also traded above NTA

Stock

2023-08-25 09:17 | Report Abuse

just reentered at RM1.10 today, the best current (fundamental to stock price) jewellery franchise in Malaysia, PE 2.64, 61% NTA discounted price. EPS still always superb regardless of gold price. definitely undervalued

Stock

2023-08-25 09:08 | Report Abuse

low volume at low price, ada orang sengaja press down the price

Stock

2023-08-25 08:52 | Report Abuse

@chloetai the answer to your question is just right above your question

Stock

2023-08-24 17:15 | Report Abuse

hmm 10% yearly? I still prefer tml limit up hehe

Stock

2023-08-24 16:00 | Report Abuse

masih ada lagi yang mahu jual MBMR harga rahmah hehe, maybe same stakeholders those who doesn't like perodua sell AXIA harga rahmah

Stock

2023-08-24 15:37 | Report Abuse

apa2 pun should be above current price / today closing price lo

Stock

2023-08-24 15:16 | Report Abuse

why don't wait for the news first? it can't be bad news?

Stock

2023-08-24 15:01 | Report Abuse

limit up today?

Stock

2023-08-24 14:34 | Report Abuse

that's great, hold tight and wait for announcement

Stock

2023-08-24 12:39 | Report Abuse

@cheeseburger yeah sure management already considering all factors before taking that initiative, no company that offer rahmah price for their products that will put themselves in bad financial situation

Stock

2023-08-23 23:12 | Report Abuse

13 EPS is lower than last QR but it is still very decent maintaining pe below 10 by itself. not to mention EPS need to be averaged out throughout the year for bigger picture

Stock

2023-08-23 23:10 | Report Abuse

panic sell for what? panic buy maybe, DY more than 10% and is sustainable from core business EPS

Stock

2023-08-23 20:54 | Report Abuse

satisfying QR, EPS still can maintain PE below 10, good dividend payout, as long as net cash is still positive and price still below NTA, definitely can continue to hold, after dividend exdate there will be more space for the price to fill up

Stock

2023-08-10 16:09 | Report Abuse

just move on, there are plenty of undervalued stock out there. once sold all never watch back. choose another undervalued stagnant or downtrending stock. never chase high

remember buy low sell high. nobody can do it perfectly, buy at lowest and sell at highest.
but at least try your best to do it correctly albeit not precise, just don't do it other way round

Stock

2023-08-10 12:17 | Report Abuse

sold a few more to take profit at RM1.39 today ^_^ still got quite a lot of SURIA shares left

hope the price will continue to up but need to be extra cautious before PRN6 / QR release

will top up more in case price drop to lower level

Stock

2023-07-25 10:32 | Report Abuse

reenter a few today at RM1.13

Stock

2023-07-24 10:37 | Report Abuse

topped up a few at RM0.640 today

Stock

2023-07-21 16:59 | Report Abuse

sold a few at RM1.28 to lock profit ^_^

Stock

2023-07-21 11:42 | Report Abuse

sold a few at 0.110 to lock average cost

Stock

2023-07-18 10:26 | Report Abuse

sold all cut loss at 1.05, fundamental significantly changed without monopoly of cement, previous EPS / PE might not be able to sustain in the future, don't want to continue risk here

Stock

2023-07-12 12:15 | Report Abuse

@mickey77 true also haha

Stock

2023-07-12 10:50 | Report Abuse

what happen? why suddenly kena sapu?