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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2021-01-04 21:45 | Report Abuse

I will be wondering who mopped up the shares disposed by Netx.

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2021-01-04 16:45 | Report Abuse

Busy working lah, only just check whether done.

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2021-01-04 15:18 | Report Abuse

Added more Uzma at 55 sen this morning.

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2021-01-04 15:17 | Report Abuse

My plan is stay home and count the money.

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2021-01-02 09:23 | Report Abuse

MLab NTA is currently about 14 sen, mainly comprising cash raised from the rights issue.

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2021-01-02 09:21 | Report Abuse

RM1 is impossible. There has been dilution after the huge 6 for 1 rights issue at 9 sen.

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2021-01-01 21:22 | Report Abuse

Duit, how's Cocos Islands?

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2021-01-01 20:34 | Report Abuse

Happy New Year to you, Mr Sslee. Warrant exercise price still not set.

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2021-01-01 20:32 | Report Abuse

And when that happens we can all laugh at that Charlie fellow.

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2021-01-01 20:30 | Report Abuse

As for MLab we now know that price was recently pushed down to 0.07/0.075 in order to set a low ESOS price of 0.0725. MLab raised 9 sen from the rights issue, so there's no fear of it going under PN17 despite not showing any profits in the past. If you manage to buy at 0.07-0.075 recently hold on to it until the uptrend starts. The downside is limited, the upside is vast in terms of percentage. If price goes to 10 sen, that's 33-40% gain from 0.07/0.075

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2021-01-01 20:12 | Report Abuse

Happy new year, I don't have Telegram.

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2020-12-31 19:04 | Report Abuse

94 sen nice closing. One of my companies invested in Insas at cost of 65 sen, can recognise fair value gain at year end and not taxable.

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2020-12-31 19:00 | Report Abuse

Happy New Year to you too. MLab small investment for me, I am heavily invested in FGV and Boustead now.

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2020-12-31 18:50 | Report Abuse

@pineapple123, yes I am holding about 160,000 shares.

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2020-12-31 16:05 | Report Abuse

I have a licence.

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2020-12-31 13:28 | Report Abuse

Jingle bells, jingle bells ....... jingle all the way ....... oh, what fun it is to ride ......... Mlab all the way ............

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2020-12-31 12:02 | Report Abuse

Dah ambil 0.075, 0.07.

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2020-12-30 20:11 | Report Abuse

One Inari can buy three Insases, haha.

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2020-12-30 20:10 | Report Abuse

KWAP sells I buy at 0.605, 0.61 and 0.615 in the past few days.

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2020-12-30 20:07 | Report Abuse

I sold Supermax at RM21.60 a few months ago and not buying back any glove companies.

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2020-12-30 20:03 | Report Abuse

We all should apply for jobs at MLab, haha.

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2020-12-30 15:14 | Report Abuse

Bought Uzma at 56.5 sen half an hour ago.

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2020-12-30 14:20 | Report Abuse

Need to feed tortoise more kangkung.

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2020-12-30 14:18 | Report Abuse

MLab employs very rich employees who could pay millions of ringgits to subscribe for ESOS, haha.

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2020-12-29 18:31 | Report Abuse

Buy some lah and hope for privatisation. PN government might want to take it private.

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2020-12-29 16:02 | Report Abuse

Calm down, nothing to get excited.

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2020-12-29 11:16 | Report Abuse

Laggard catching up.

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2020-12-29 10:57 | Report Abuse

Go, go, go Naim.

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2020-12-27 18:03 | Report Abuse

Haha, tortoise lawan kura-kura.

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2020-12-25 19:52 | Report Abuse

Don't eat musang, might get Covid-19.

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2020-12-24 18:21 | Report Abuse

On 3rd September I sold at 67 sen when CPO was below RM3,000. After more than three months Cepat is still lambat.

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2020-12-24 12:52 | Report Abuse

Aiyah, don't misquote me.

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2020-12-24 11:05 | Report Abuse

Mr Sslee, any counter interest you at the moment? I am giving Jaks a miss.

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2020-12-24 10:01 | Report Abuse

@Edwin0908, yes, now is a good time to average down provided you have spare cash to buy and hold because we don't know when MLab will move up.

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2020-12-24 09:55 | Report Abuse

Hng33's theory is that Insas price will be flat for the next few trading days in order to set a low exercise price for the upcoming warrants.

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2020-12-24 08:15 | Report Abuse

LTAT started to sell when price climbed above RM2.

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2020-12-23 23:34 | Report Abuse

Today didn't buy Insas, was preoccupied watching FGV opened gap up. Wanted to buy at 84 sen but Mr Sslee and hng33 beat me to it.

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2020-12-23 22:40 | Report Abuse

I have been playing in the stock market since 1993 when I was in my 20s. I used all my hard-earned savings of RM60k and have reinvested every single sen I made from the shares that I sold. For the past 21 years I have not lost in a single counter that I bought.

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2020-12-23 20:33 | Report Abuse

Bought at 60.5 sen today.

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2020-12-23 20:20 | Report Abuse

@ fishhawk I bought C99 at 0.125 two days ago.

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2020-12-23 20:16 | Report Abuse

@Turtlemelon, you asking tp? When I enter a counter at a particular price my objective is a minimum of 30% gain. If the counter upon hitting 30% gain is still on an uptrend I will let run as far as it can go. I have a portfolio of around 20 to 25 counters.

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2020-12-23 16:54 | Report Abuse

Managed to buy more at 7 sen at 4.50 pm.

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2020-12-23 16:35 | Report Abuse

Mr Sslee, is Jaks a good company? Should I throw some money at it?

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2020-12-23 16:08 | Report Abuse

I only started to buy last week, I will accept offer.

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2020-12-23 15:54 | Report Abuse

EGM over or not?

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2020-12-23 15:53 | Report Abuse

I don't have any unhappiness with MLab. During the nationwide CMCO I picked up MLab at 1.5 to 2 sen and ended up with over one million shares. Eventually sold at prices up to 7.5 sen before the consolidation of the shares and made RM36,000 gain. In fact I announced my disposal in the forum every time I sold. Everyone else then was so bullish targeting 10 sen. The proceeds from the sale of MLab went into Jetson at 16-19 sen, Reach at 7.5 sen and Masteel at 28-30 sen. I held on these three counters for a few months and recently sold Jetson as high as 30.5 sen and Masteel as high as 52 sen. I still holding on to Reach. MLab has been good to me and I am thankful to MLab.

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2020-12-23 15:37 | Report Abuse

MGO timeline is about 6 weeks, 3 weeks to issue the offer document and further 3 weeks to closing date.

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2020-12-23 14:40 | Report Abuse

I think those trying to get out at 7.5 sen are weak contra players who bought at 8 to 8.5 sen recently.

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2020-12-23 13:59 | Report Abuse

ESOS are not free shares to the employees. 26 million @ 8.5 sen have raised RM2.21 million for the Company. Why would employees pay RM2.21 MILLION to subscribe? Today at 7.5 sen I am buying it cheaper than the employees who paid RM2.21 MILLION.

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2020-12-23 13:44 | Report Abuse

The top 30 shareholders own 85% of the total shares, there's not much free float and it's easy for WC to privatise since Lionind already owns 75% of Lionpsim.