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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9,321

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Summary
Total comments
9,321
Past 30 days
128
Past 7 days
33
Today
15

User Comments
Stock

2019-05-06 13:08 | Report Abuse

Added at 25.5 sen.

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2019-05-05 19:09 | Report Abuse

What happened to the set up of a group of dissenting minorities?

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2019-05-05 18:59 | Report Abuse

When is Tropicana gonna break 90 sen? When? When?

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2019-05-05 11:14 | Report Abuse

It's reasonable because it provides an opportunity to realise the investment in MAA shares at a price significantly above the historical market price prior to the offer.

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2019-05-05 00:23 | Report Abuse

Same bosses.

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2019-05-03 23:02 | Report Abuse

Looks like there's no hope for an improved offer.

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2019-05-03 22:57 | Report Abuse

Today the Company announced reduction in private placement price to 30 sen after earlier fixing it at 32.1 sen. Isn't this strange?

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2019-05-03 18:18 | Report Abuse

Added @ 26.5 sen this morning.

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2019-05-03 18:13 | Report Abuse

Independent Advisor says the offer is NOT FAIR but REASONABLE and recommends that minority shareholders VOTE IN FAVOUR.

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2019-05-02 18:40 | Report Abuse

EGM on the SCR to be held same day as AGM on 29/5. Looks like SC has verbally approved the SCR.

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2019-05-02 16:56 | Report Abuse

Managed to buy at 21.5 sen.

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2019-05-02 01:21 | Report Abuse

I know many people are stuck at high price but I cannot understand why people never average down by buying at 4 sen. It will be extremely hard to go to 10 sen unless KLSE suddenly turns very bullish. For people who wants to know how the rights monies were spent, go to MLab's website for their product, a MULTIPOINT video conferencing application.

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2019-05-02 00:22 | Report Abuse

I think if momentum resumes, it can go to 8 sen. 5 sen is now support level. 6 sen is the resistance level. Presently it is consolidating between 5 and 6 sen on lower volume.

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2019-05-01 23:06 | Report Abuse

I am hoping for a short term rally beginning from this month. Entirely up to the Shark.

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2019-05-01 15:01 | Report Abuse

Most probably there was huge impairment.

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2019-04-29 17:54 | Report Abuse

Haha, dah lama lari.

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2019-04-29 17:45 | Report Abuse

Managed to add at 29 sen today.

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2019-04-29 15:37 | Report Abuse

Kana Singgam, you have any shares in MAA?

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2019-04-27 14:24 | Report Abuse

Listed Melewar and MAA have common major shareholders, that's the only connection.

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2019-04-27 14:21 | Report Abuse

I bought MAA below 50 sen when no one wanted, it then went limit up, I bought Ekovest at 50 sen when no one wanted, it then went limit up. Affin?

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2019-04-26 23:06 | Report Abuse

Because MGO failed, the share price can't go above 66 sen until the one year expire.

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2019-04-26 22:12 | Report Abuse

Because Danny Tan sells cheaply.

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2019-04-26 18:19 | Report Abuse

ivan9511, wah you also made from Ekovest. Very good. Stay away from LonBisc.

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2019-04-25 22:47 | Report Abuse

Today's total value of trade not even RM100,000. It takes less than RM100,000 to move up 20% from 5 sen to 6 sen. Wait until the operator pushes up the volume, then the excitement will begin.

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2019-04-25 19:02 | Report Abuse

Wah, today closed up 20% at 6 sen.

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2019-04-25 18:59 | Report Abuse

Brent is now USD75.17.

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2019-04-25 18:55 | Report Abuse

So quiet here. Everyone managed to sell?

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2019-04-25 18:45 | Report Abuse

ivan9511, stay away from this counter.

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2019-04-25 18:35 | Report Abuse

The last time Brent hit USD85, I sold off Reach at 50.5 sen.

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2019-04-25 16:56 | Report Abuse

The listed Melewar doesn't have any shareholding, direct or otherwise in MAA.

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2019-04-25 16:44 | Report Abuse

This morning sold off Ekovest-WB at 53 sen and bought into Reach at 30.5 sen.

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2019-04-25 12:15 | Report Abuse

Already sold off the balance of my Ekovest-WB at 53 sen this morning. Can now focus on MLab.

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2019-04-24 15:03 | Report Abuse

Bought from hng33 at 23 sen this morning.

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2019-04-22 12:29 | Report Abuse

I don't want to spoil my gf.

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2019-04-22 12:24 | Report Abuse

April 2019 is already the first month of year ending 31/3/2020

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2019-04-22 12:10 | Report Abuse

I have keep my word to my gf and buy her a pair of gold earrings.

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2019-04-22 12:05 | Report Abuse

Just sold half of my Ekovest-WB at 48 sen.

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2019-04-22 11:57 | Report Abuse

According to MLab's latest QR, the Company has utilized RM7 million from the proceeds raised from the rights issue on a next generation mobile application which is now at advance stage of development and will be launched in the current financial year ending 31/3/2020.

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2019-04-22 08:39 | Report Abuse

Looks like Ekovest gonna open limit up, will probably sell half of my Ekovest-WB.

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2019-04-22 08:23 | Report Abuse

MLab volume hasn't really spike yet, there's minimum retailer participation.

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2019-04-21 23:12 | Report Abuse

I usually announce my purchases on the day itself.

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2019-04-21 23:10 | Report Abuse

Mr Balvin, you only invest in one counter all these years?

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2019-04-21 13:52 | Report Abuse

Reach is takeover target.

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2019-04-20 17:05 | Report Abuse

So eerily quiet here. No hope to get higher than RM1.10?

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2019-04-20 16:51 | Report Abuse

Thanks to Calvin I bought at 40.5 sen and sold off all at 52.5 sen last month for almost 30% gain, then used the proceeds to buy Ekovest at 50 sen.

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2019-04-20 16:47 | Report Abuse

Stay off until they fix the rights issue price.

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2019-04-20 16:38 | Report Abuse

Dear Daily8, I invested in LonBisc several months ago before the 1-for-4 bonus issue. I was impressed with it then because it has never posted a losing quarter for more than 15 years! I sold off all after the bonus was received at 59 or 59.5 sen ex-bonus price. After selling I came to learn that there has been some hanky-panky (to put it mildly) going on in the Company and when price kept dropping reflecting this, I didn't bother to buy back because there's no potential upside for such a troubled company.

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2019-04-20 16:05 | Report Abuse

Ekovest-WB is the company's own warrant, not an investment bank call warrant. It is only trading at a slight premium or no premium. I held both Ekovest and Ekovest-WB but had sold off all my Ekovest, first round, bought at 50-52.5 sen sold at 64.5 sen, then bought back at 54.5 sen on 17/4 and contra off yesterday at 64 sen. Yesterday I sold too soon.

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2019-04-20 11:13 | Report Abuse

Yes, I have Ekovest WB.

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2019-04-20 08:47 | Report Abuse

Actually the best time to buy is when the stockmarket is bearish where lots of quality stocks are selling for a bargain. Have faith that the market will definitely recover as our country is peaceful, otherwise we wouldn't be living here. When the market recovers don't sell in a hurry. If you bought it cheap, let it run as far as possible. That's how to make gains of 30% and beyond. I have seen it all in my 25 years. Put in small investment but aim for huge gains.