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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9,321
Past 30 days
125
Past 7 days
31
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User Comments
Stock

2018-12-31 11:01 | Report Abuse

5354, what's your cost?

Stock

2018-12-31 10:58 | Report Abuse

93 sen not today. I think today can close at 92.5 sen

Stock

2018-12-31 09:54 | Report Abuse

Go, go, go Tropicana.

Stock

2018-12-30 19:59 | Report Abuse

Why 5354 didn't come out first prize in Magnum?

News & Blogs

2018-12-30 15:11 | Report Abuse

Then the Inhumans will wipe out us Earthians.

Stock

2018-12-30 12:35 | Report Abuse

If use Tabung Harapan collection of RM200 million, can buy 300 million Insas at current market price, which is almost 50% ownership.

Stock

2018-12-30 10:45 | Report Abuse

Dear Mr Sslee, when I jokingly said about Insas been cursed I meant the share price of Insas rather than its business operations which I have no issues. The problem is local funds totally ignore Insas. The funds that invested in Insas are all foreign funds but because of the prolonged depreciation of our ringgit these foreign funds are not buying more of Insas or in fact any Malaysian equities.

Stock

2018-12-29 21:56 | Report Abuse

Maybe because Insas has been cursed by Witches, Warlocks, Vampires and Werewolves.

Stock

2018-12-29 21:51 | Report Abuse

Kasi dividend tak payah minta suspension.

Stock

2018-12-29 21:50 | Report Abuse

If Tropicana doesn't have minimum public spread problem it can easily buy up any amount of shares and easily push up price to beyond RM1.

Stock

2018-12-29 21:47 | Report Abuse

For the purpose of calculating minimum public spread, any shares bought back by a company and held as treasury shares are excluded from the total number of shares. So, if the company buys back say, 0.5% of its own shares, the percentage of public spread will then be (25.12-0.5)/(100-0.5) = 24.74%

Stock

2018-12-29 21:11 | Report Abuse

I thought JV already announced earlier. Usually you don't need a suspension to announce a joint venture.

Stock

2018-12-29 21:09 | Report Abuse

Seriously, if we all keep away from commenting here, the shark will think everyone has cut loss and no longer interested, so price will be pushed up.

Stock

2018-12-29 21:04 | Report Abuse

Mr Sslee, your understanding of accounting treatment of intra transfers between companies within the group is very good and all along I thought you were a non-accounting person as well as your understanding of shares been pledged.

Stock

2018-12-29 20:58 | Report Abuse

Another company facing public spread problem is TA Global.

Stock

2018-12-29 20:57 | Report Abuse

BJLand was granted lower public spread level of 19.67% by Bursa Malaysia on 20/12/18. You didn't read about it?

Stock

2018-12-29 01:20 | Report Abuse

Sorry, I just guessing announcement will be good because price was climbing up on rebound from 0.10/0.105 level.

Stock

2018-12-28 23:31 | Report Abuse

Next year there will be huge expansion of medical insurance business sponsored/paid by the government for those people who couldn't afford to buy such policies. Guess which insurance company will benefit from this? On top of that the income tax rate of reinsurance business has been slashed from 24% to 8% effective from 2019.

Stock

2018-12-28 23:21 | Report Abuse

I think the syndicate was mopping up the shares after pressing down. Announcement probably be so good that it would open gap up in January. I wanted to buy at 0.105 but waited one day too late and price ran off to 0.11 and beyond.

Stock

2018-12-28 21:02 | Report Abuse

The problem with Tropicana is the Company can't keep on buying back as it will eventually breach the minimum 25% public shareholding spread listing rule unless Danny sells down to his cronies.

Stock

2018-12-28 20:43 | Report Abuse

ivan9511, there's a pattern play on Tropicana. The share buy backs will go for days and then suddenly stop and price will trend down to around 82 sen, the price Danny previously sold to cronies. This is the best time to buy and hold until share buy backs push up price again.

Stock

2018-12-28 20:35 | Report Abuse

90 sen big road block today even first thing in the morning there were already over 500,000 shares offered for sale at 90 sen, thus not possible for me to get that price if I were to try. Maybe next week you can but I want to free up capital and look for opportunities elsewhere.

Stock

2018-12-28 12:49 | Report Abuse

Already sold off early in the morning at 89.5 sen for 7.5 sen gain.

Stock

2018-12-28 10:02 | Report Abuse

Many people sostupid not to buy past few days.

Stock

2018-12-28 09:42 | Report Abuse

Go, go, go MNRB.

News & Blogs

2018-12-28 05:19 | Report Abuse

Witness the birth of the bull calf which will slay the bear! Run bear! Run!

Stock

2018-12-27 17:10 | Report Abuse

Closed up 2.5 sen, where got drop?

News & Blogs

2018-12-27 14:59 | Report Abuse

Bull calf was born yesterday and soon it will grow up and gore the bear

News & Blogs

2018-12-27 01:04 | Report Abuse

I just witnessed the birth of a bull calf.

Stock

2018-12-26 20:56 | Report Abuse

Humble people doesn't get angry.

Stock

2018-12-26 17:05 | Report Abuse

What happened to Humble?

News & Blogs

2018-12-26 16:56 | Report Abuse

Haha, when it's all gloom it's the tail end of a bear phase.

Stock

2018-12-26 16:34 | Report Abuse

Go, go, go Tropicana.

Stock

2018-12-26 00:42 | Report Abuse

Merry Christmas Calvintaneng!

Stock

2018-12-25 19:18 | Report Abuse

LA is not really cheaper than mother. LA nominal value is 5 sen, needs two LA to convert to one mother or one LA plus 5 sen to convert to one mother.

Stock

2018-12-25 19:07 | Report Abuse

Right now I am not looking to add Affin as I feel I can make more elsewhere in the short term. Different people have different risk appetite. For a banking stock, present price is reasonably cheap and bear in mind there's not much free float in Affin as LTAT, Boustead and Bank of East Asia Ltd already owned close to 80%. So, when a merger comes, the price will move up rapidly.

Stock

2018-12-24 15:40 | Report Abuse

As expected price eventually drift down. It's a bear market now. Price also adjusted for 5 sen dividend.

Stock

2018-12-21 22:12 | Report Abuse

Dividend coming.

Stock

2018-12-21 16:14 | Report Abuse

OLH is a legend.

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Stock

2018-12-21 15:06 | Report Abuse

Bought at 0.875 today.

Stock

2018-12-21 15:05 | Report Abuse

Because calling for EGM needs to give at least 21 days notice. In the case of a special resolution like proposed liquidation needs at least 28 days notice.

News & Blogs

2018-12-19 19:23 | Report Abuse

EPF target dividend is 2.5% nominal dividend?

Stock

2018-12-19 14:12 | Report Abuse

Danny selling cheaply now, later Company will buy back higher.

Stock

2018-12-18 16:51 | Report Abuse

Still waiting to buy back.

Stock

2018-12-18 15:56 | Report Abuse

Price will hold because of pending bonus shares.

Stock

2018-12-18 00:27 | Report Abuse

A mega merger will extract values from the undervalued listed banks and will benefit EPF most.

Stock

2018-12-17 23:36 | Report Abuse

Malaysia could embark on its biggest banking merger to create ASEAN's largest bank nudging out Singapore's DBS from that position through a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin. Maybank can scoop up the other banks at around their book values, something that may not have been possible previously when values were higher.

Stock

2018-12-17 14:42 | Report Abuse

Bought at 0.82 today.

News & Blogs

2018-12-16 22:40 | Report Abuse

Merry Christmas to you too Mr Sslee, only a hostile takeover attempt can move the price of Insas.