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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8,506
Past 30 days
238
Past 7 days
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User Comments
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1 month ago | Report Abuse

Sarawak is paying RM2.40 based on leaked documents.

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1 month ago | Report Abuse

@Mikecyc, how do you think Insas share price will perform in the coming week?

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1 month ago | Report Abuse

His waterfall list reliable?

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1 month ago | Report Abuse

A waterfall is coming ..... not tomorrow, not next week ......... but it's definitely coming.

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1 month ago | Report Abuse

The gains on disposal quarter ending 31 March 2024.

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1 month ago | Report Abuse

Many moons ago, Ah Tong bought Insas at 80 sen, many contrarians followed, speakup followed. Last month Insas reached 1.34/1.35, Ah Tong didn't take profit, don't be like Ah Tong, Ah Tong instead bought Insas-WC at 42 sen.

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1 month ago | Report Abuse

Last month Ah Tong bought 134,000 Insas-WC at 0.42. Friday Insas-WC closed at 38 sen. Don't be like Ah Tong, buy high, now RM56k stuck.

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1 month ago | Report Abuse

Posted by TheContrarian > 1 month ago | Report Abuse

Took some profits at 1.34.

Already one month since I took profits at 1.34. When can go back to 1.34?

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1 month ago | Report Abuse

Anyone bought Insas today? Don't be shy to tell.

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1 month ago | Report Abuse

Why Insas closed red?

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1 month ago | Report Abuse

Oops, wrong forum.

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1 month ago | Report Abuse

Go, go, go BIMB.

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1 month ago | Report Abuse

I will forever hold one share in Insas in case one day it goes to RM60, then I can say I sold it at RM60.

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1 month ago | Report Abuse

Forum here so quiet today, like calm water before the waterfall?

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1 month ago | Report Abuse

Finally moving again.

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1 month ago | Report Abuse

Already broken through 80 sen. No one cheering? Everyone sold already?

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1 month ago | Report Abuse

Oops, wrong forum.

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1 month ago | Report Abuse

Go, go, go Cepat.

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1 month ago | Report Abuse

Ah Chen died last year FACBInd still not broken up.

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1 month ago | Report Abuse

If Ah Thong dies no more free warrants in 2027.

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1 month ago | Report Abuse

How deep value is it? How much cash backing per share?

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1 month ago | Report Abuse

Sad to see Mphbcap not moving.

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1 month ago | Report Abuse

After the consolidation, market price of Insas will be adjusted to RM60.

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1 month ago | Report Abuse

Insas planning to do a share consolidation : 50 shares consolidate into one giant size share.

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1 month ago | Report Abuse

I think you got the year wrong, it was crashing in May 2023 rather than 2022.

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1 month ago | Report Abuse

When market sentiment is bullish I normally aim for a minimum gain of 30%.

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1 month ago | Report Abuse

I have put my Affin sale proceeds into good use by buying BIMB at 2.24 to 2.25 and Cepat at 0.71.

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1 month ago | Report Abuse

Forum here is rather quiet. I feel BIMB can go far.

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1 month ago | Report Abuse

Yesterday took Mr Calvintaneng advice and bought Cepat at 71 sen, now Cepat 74 sen. Thank you.

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1 month ago | Report Abuse

Yesterday buy today up already.

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1 month ago | Report Abuse

Dividend already paid out last month.

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1 month ago | Report Abuse

Water fish means fools, people who only buy when prices are peak or near peak.

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1 month ago | Report Abuse

Why Insas closed red?

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1 month ago | Report Abuse

@5354_ , RM3 also can.

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1 month ago | Report Abuse

Posted by rlch > 1 week ago | Report Abuse

If you like bank BIMB is cheaper. Also good dividend counter.

Thank you for the recommendation.

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1 month ago | Report Abuse

Bought at 71 sen today.

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1 month ago | Report Abuse

@Calvintaneng, thanks, will look into some cheap palm oil counters.

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1 month ago | Report Abuse

Oops, wrong forum again.

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1 month ago | Report Abuse

Go, go, go KPS.

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1 month ago | Report Abuse

Why Insas red?

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1 month ago | Report Abuse

EPF keeps accumulating BIMB and selling Affin.

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1 month ago | Report Abuse

Posted by rlch > 1 week ago | Report Abuse

If you like bank BIMB is cheaper. Also good dividend counter.

Thank you for the recommendation, I have moved some of my sale proceeds of Affin to BIMB.

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1 month ago | Report Abuse

Oops, wrong forum.

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1 month ago | Report Abuse

Go, go, go BIMB.

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1 month ago | Report Abuse

CGS-CIMB Research says having Sarawak as a key shareholder of Affin Bank would be positive for the bank, as it could catalyse its business growth in the state through closer working relationships with the Sarawak government.

“The growth could be in the areas of business loans (ranging from SME to corporate loans), investment banking deals, treasury and ESG-related businesses (for financial services),” it says in a Jan 17 report.

It believes, however, that it will take time for the bank to realise the benefits.

“It will take time (more than one year) for any positive benefits to materialise, as Affin Bank needs to formulate a plan, expand its network and strengthen its operations in Sarawak. To achieve this, [it] would have to incur additional costs (larger number of branches and employees in Sarawak) while revenue would only increase gradually over time,” it says.

As such, CGS-CIMB cut its investment call on Affin Bank to “reduce” from “add”, but maintained its target price at RM2.26.

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1 month ago | Report Abuse

Thank you Affin for the huge gain in the past 2 weeks.