TheContrarian

TheContrarian | Joined since 2016-04-28

Investing Experience Advanced
Risk Profile Moderate

I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!

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User Comments
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2021-01-29 19:23 | Report Abuse

LTAT and Boustead were worried that after the leak by The Edge speculative buying might push up market price above the proposed offer price.

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2021-01-29 19:19 | Report Abuse

Suspension cannot be to call off privatisation because there was no privatisation in the first place, can't call off something that doesn't exist yet. Maybe announcement will be that Boustead has defaulted loan repayment and is now a PN17 defaulted company and will be delisted, hahahaha.

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2021-01-29 19:00 | Report Abuse

It's a whole day suspension on Tuesday. A proposed privatisation has been agreed and now preparing the formal documents to be delivered on Tuesday.

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2021-01-29 18:33 | Report Abuse

A company cannot ask for a suspension in the trading of its shares unless there is a material announcement to be made by the company. If there's no proposed privatisation there's no need for a suspension.

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2021-01-29 18:29 | Report Abuse

I would suggest to give KPS a try at 79 sen or lower.

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2021-01-29 18:26 | Report Abuse

Bought at 70.5 sen this evening.

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2021-01-29 16:41 | Report Abuse

At around 3.30 pm my Company sold Insas at 99.5 sen for 53% gain and will be declaring dividend to our shareholders.

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2021-01-29 08:45 | Report Abuse

Let's see if Insas shortees will buy back over 6 million shares today to cover their short position.

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2021-01-28 13:37 | Report Abuse

Insas net short position increased slightly at end of yesterday. No position was closed yesterday. Tomorrow is the last day to buy back before Insas goes ex-rights entitlement.

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2021-01-28 00:32 | Report Abuse

Can distribute special dividend of 5 sen from the proceeds.

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2021-01-27 11:59 | Report Abuse

KWAP is not KWSP.

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2021-01-27 07:13 | Report Abuse

Ok, I wait until near 0.70.

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2021-01-26 22:43 | Report Abuse

79 sen is cheap, I always like to buy cheap.

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2021-01-26 21:59 | Report Abuse

ivan9511, take a look at KPS.

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2021-01-26 20:47 | Report Abuse

I also want to q 0.78.

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2021-01-26 20:38 | Report Abuse

Sorry, I am busy with Boustead. Hope to make RM18k there.

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2021-01-26 19:08 | Report Abuse

Actually I am beginning to dislike Insas. Friday I am going to sell some.

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2021-01-26 19:06 | Report Abuse

I don't like ports, I also don't like big cap shares. Last time I owned MMC was a very long time ago before that Syed fella took control.

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2021-01-26 14:54 | Report Abuse

Buyer at 780 got trapped now.

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2021-01-26 14:09 | Report Abuse

Yes, it's a trap.

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2021-01-26 12:46 | Report Abuse

Muttsinvestor, don't think so much. Que sera, sera, whatever will be, will be.

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2021-01-26 12:14 | Report Abuse

Leno already run. Boh chow si.

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2021-01-26 12:12 | Report Abuse

Wah, Boustead might increase SCR offer to RM6.30.

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2021-01-26 09:20 | Report Abuse

apolloang, toyol sold already.

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2021-01-26 00:34 | Report Abuse

Bought KPS for the first time at 0.79.

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2021-01-25 19:02 | Report Abuse

I made a few thousand from Toyo.

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2021-01-25 19:01 | Report Abuse

Market already closed, how to sell?

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2021-01-25 17:37 | Report Abuse

If not true, can sue TheEdge.

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2021-01-25 16:02 | Report Abuse

Added at 0.74.

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2021-01-25 14:37 | Report Abuse

Looks cheap to me at 0.79.

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2021-01-25 14:25 | Report Abuse

KPS, MNRB, GL Bhd.

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2021-01-25 14:24 | Report Abuse

Little only, I am also buying other counters.

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2021-01-25 13:46 | Report Abuse

Anyone buying Boustead today? Or selling?

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2021-01-24 17:23 | Report Abuse

660, 640, 620, 600 ....... it's a trap.

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2021-01-24 15:27 | Report Abuse

BousteadInvestor, I see you started investing in Boustead since July. Hope you make a lot from Boustead for your patience and continued support. LTAT sends you their regards and will reward you greatly.

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2021-01-24 15:23 | Report Abuse

A lot of people who invested in plantation are upset with Mikecyc. Sometimes we have to consider opposing views which are backed with facts. He took a lot of trouble to post up-to-date data here for everyone to make an informed judgement. Plantation companies will definitely post improved earnings but CPO price above RM3,000 will not hold up forever. Always diversify your investment.

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2021-01-24 13:44 | Report Abuse

ivan9511, I don't think plantation is a good buy. Output is down. There's labour shortage harvesting the fruits, transportation problem due to MCO, flooding etc. The fruits are left to rot. Golden Land can buy below 40 sen.

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2021-01-23 16:09 | Report Abuse

You just need a small amount of capital to invest and every gain you make you re-invest and let your investment grow.

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2021-01-23 16:05 | Report Abuse

When lots of people were buying plantation as CPO breaches RM3,000/ton I sold my plantation shares and bought into steel cheaply. When steel suddenly spiked I sold steel and started to buy into Boustead. It's really easy to make money.

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2021-01-23 15:41 | Report Abuse

If don't keep record of purchase and sale how to know how much gain is made. Biggest gain I made in a counter last year was MLab (around RM36,000). Supermax I sold at RM22.52 before the bonus. Very easy to make money if you have discipline and patience to buy low and sell high.

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2021-01-22 22:46 | Report Abuse

Because despite high CPO price, harvesting output is down due to labour shortage and flooding, the fruits are left to rot.

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2021-01-22 19:29 | Report Abuse

Last year until end of December I made realised gains of RM140,157.02 from what I have sold. This month I made a further few thousand from sale of TA Enterprise and FGV.

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2021-01-22 17:54 | Report Abuse

My FD rate is 1.7 % p.a RM120,000 parked.

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2021-01-22 11:39 | Report Abuse

Welcome.

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2021-01-22 11:31 | Report Abuse

Click on the Net Short Position.

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2021-01-22 09:25 | Report Abuse

Short sellers still have to close their short sell position of 6,353,900.