Re-entered KLK, seeking a FIFTH consecutive year of profiting from capital gains in the stock!

dompeilee

Luckily bought only 100 Wednesday...as usual...my style. Very useful to ringfence CASH in this kinda lousy mkt!👍

HOLDDDDD until long after R. Kuok passes away !

Averaged down another lot @ 11.84

***YaWWNNNN*** Losing out to inferior TSH & JPG 2day...

SOLD back @ $19.60 this morning...Thank you, Mr. Market for the 1st contra gain since Supermax in Dec !!!

Those who are convinced this is such a good stock, bear in mind that 'good value' can take >5 YEARS to show itself in the price! Witness my Sungei Bagan & Kuchai, that took 10+ years to reflect their full value. And contrasting the size of their revenues & cash flows won't guarantee that this will rise faster. A major holder with nearly 60 mil shrs ever ready to cash out & a deceitful old man which augurs badly for any stock he has ever been involved in[ including THIS ONE in 2014, heralding a 6 to 8-year bear mkt in the price] are going to factor heavily as well. Plus CPO is below 4,200 & is in a strong downtrend...

This stock has been one of the most challenging of my 31-year career. 38 dollar cost averaging transactions, with the waiting fortunately paid for with dividends, that brought the cost down from $3+ to below $1.20. Because I have ring-fenced some FD since 2018 & will not touch them no matter how attractive the investment, I was a little strapped & unable to buy some Japanese targets...until the magical upmove in December! Thanks to finally profitable sales of Superman, I have been able to diversify into famous names in Japan since then like Mazda, Kirin, Rohm, Komai Haltec & Ono Pharma. Will sleep much more soundly holding less here & more there!

RHB always tell ppl to sell when it's time to buy & vice versa...when I do the opposite of what they suggest, I invariably win. Witness Salutica which they promote like a b!tch when it listed in late 2016, but they were selling quietly above $1.70 in Mar '17 while promoting strongly to clients, even inviting the CEO to give a bullish presentation at the market outlook seminar on Mar 23rd...🤣🤣🤣 The price peaked a day or two after that seminar btw.....Luckily I escaped after buying in late 2018 & selling my last shares @ $1.07 last year!

Another great weekend! After Supermax sponsored a wining & dining festival leading up to Christmas & into the first few sessions of the new year, today I will treat myself to Japanese fine izakaya dining thanks to a miraculous escape from Yumemitsuketai 夢みつけ隊 yesterday AT the limit up price of ¥125 after 13 months holding this no dividend stock & tomorrow, it's McDonald's , courtesy of major McD M'sia shareholder Petronas Dagagan which will be indirectly giving me a treat via its risen share price after my latest re-entry there!🤗😘✌

First time ever! The co. has bought back 100% of the entire day's trading volume, the 1st time in over 103 consecutive buyback transaction days. Usually it averages from 60-83% of the total volume traded per day.

Bought more Poh Kong, lowering my average cost further below 99c! 🤗

Despite reducing my stake by 76% fr $1.20-$1.35 & then increasing it by 13% 2 days ago, I still have more shares than I owned in Dec '21 so I know what it's like to hold calmly in the firm conviction that the co. will deliver eventually.

Dow UP 700 points also cannot save a DOWNtrending stock...kesian...Thank you once again Mr Mkt for helping me to liberate almost $28,745 in a mixture of borrowed & own funds spread out over 3 a/cs to earn nearly $5,392 net of interest, which would now show a floating loss of ($124 + margin interest) had I held on till now!

Stock: [SUPERMX]: SUPERMAX CORPORATION BHD

1 day ago

Dipped more in @ $1.07 & $1.06, saving a significant portion of the trading commission compared to the 1st entry... that's why a bear market like this is no place for sissies like ScotFree...





🎵 Zhun ZHUN re-entry! Yay!!!🎶

Calvin Tan no more vociferously promoting DC stocks like Notion?lol🤔

dompeilee

Below the average cost for my most recent re-purchase 2 months back ! Wait for $17 again!!!🤗

2024-09-27 17:07


Bought back PetDag @ 18.88 one lot

🎵OoooOOOOooooOOO...🎶coming perilously close to my original cost price of just below 95c before my 1st magical sale above $1 last year!😊

SOLD 1 lot of my CDB shares costing below $3.50 @ $3.71 PLUS a miraculously lucky chance sale of 8 shares in the odd lot mkt @ $4.74, covering more than half the commission with the difference !🤗

Dipped more in @ $1.07 & $1.06, saving a significant portion of the trading commission compared to the 1st entry... that's why a bear market like this is no place for sissies like ScotFree...

Looks like the gambit to earn from the co.'s buybacks through short-term trading is kaputtt...

If I listened to U & pang72 & Eagle77, already MAMPOI...endured 3 years with no capital gains!🤣 As least I have several hundred$ in crystallized gains on top of $2,602 in dividends to show for it!

Stock: [SUPERMX]: SUPERMAX CORPORATION BHD

6 days ago

Posted by dompeilee > 22 hours ago

At least I didn't let my paper profits vanish completely, by taking profit for 3 consecutive days after notifying my subscribers that it has given a dreaded sell signal at the $1.33 resistance of Apr 2022. Left with 40.9% of my 3-year-accumulated shares that earned $2,602 in dividends.


Today reluctantly let go of more shares @ 1.22 & 1.23 because it threatened my avg cost of $1.1888, bringing my stake down to below 10k, the lowest since Jun 6th 2022 & less than 1/3 of my peak holding in Dec '24. Gotta take defensive measures & turn on a dime in fickle markets!


Will look for a more opportune time to increase my stake slowly back to half of my peak closer to the bonus date...As the Terminator says: " I'll be back!"





After reducing my 3-yr accumulated stake by 76% from $1.20-$1.35 in the last month, I tip-toed a little back into the stock, with the 1st re-purchase in nearly 2 years @ 1.08. It's a really tiny purchase that only lowers my original cost per unit by 0.4%.

Next likely destination: 95c!

Thk Goodness I only dip a toe into these treacherous waters, buying less than 1,000 shares... can average down closer to the dividend date...😘

In a panic sell-off, the worst hit are the if-fy poor governance counters like CMSB...

Highest since Nov 21st 2014, more than a decade ago, despite already paying out 32% ROI in dividends for those fortunate enough to buy in early 2024 like me! BRAVO!!!😘

Old fogie stock destined to slide 1 tick by 1 tick gradually regardless of how much buyback the co. does!

YaY!!! Back to $1....***rubs hands GLEEfully***!😋 Feels GOOOooooOOOD to have ZERO shares after getting stuck 5,300 from 2015 - 2024 then averaging down relentlessly to save the original $10k, taking huge risk using the margin account & getting a HUGE PAYBACK after a yr+ of paying margin interest: TOTALLY worth the wait to sell from $1.01 all the way UP to $1.60!

After stalking for many weeks, I finally bought PPHB @ 83.5c this morning...after many years of not owning it.

Hooray!!! My paper loss narrowed from $426 to only $124 currently!👍

So many nice-looking statistics, BUT inferior price action, like that of a speculative strictly-for-trading-only stock! Conversely, my Jasa Kita, with supposedly ZERO business, can return 53% in capital gains & a further 32% in dividend yield for those lucky enough to be holding at 14c like me...😆

Only PRICE PAYS!

OMG ! I just saw it after not looking for many weeks coz I assumed that it would drift back down to 16c & stay there! 48 lots averaged at 17.524c...holding, holding, HOLDING!!! 100% WIN record guaranteed!!! 🤗

Could be another brown-skinned co. prone to mismanagement like FGV was...only good at taking on huge debt & destroying shareholder value...🤢 Maybe months down the road, they will attempt to bail out that Sondakh crook like what Felda did...

Testing the faith of holders. At least you didn't get tested sorely like me for 3 years when it dropped from $2.50 to 64c!

I already exited not long after the ex-divvy date @ $2.77. Waiting for long slow drift down closer to $2.

Although on hindsight it was jumping the gun a little too early, no one did dollar-cost averaging 38X like me to bring my cost down from $3.2 to $1.1888. Even with 3 decades behind me, there is still much to learn about timing & execution & that's what makes markets exciting & satisfying to extract $ from because every participant is hustling furiously to earn from other participants.

Finally below my original cost price again...let's hope it doesn't tumble back to last year's $2.40 again. But maybe there's a better than 50-50 chance of re-testing $3.

Regret not just biting the bullet & selling all my remainder shares @ $1.20 this morning. Ahh...at least I have the consolation of having already earned $4.6k with only $8,611 left invested here, down from $35,841 as recently as 3 weeks ago. Planning to sit on the trust monies once the sales proceeds come in, as loooooooooong as possible, to earn as much interest from the darned IBs which give misleading recommendations to newbies!

I have SOLD another batch @ 1.20 this morning, bringing my stake down to 7,243 shares, the lowest since the end of 2021. Looks to me more & more like this correction could be more drawn out than I initially anticipated...

If you're prepared to hold it another 5-10 yrs, you should be OK, perhaps even earning >100% eventually. However, I decide to get off this ship as there's a significant risk of it falling back towards $3, after experiencing all the crazy highs & lows of the past 3 yrs.

Drifting, water torture-style... DOWN to $1.10😏

A 10.86% ROI in less than 3 years based on my detailed records. Adequate & more importantly, NO LOSS!😃

Gd luck to you! Enough of glove stocks for me! It was enough of an ordeal failing to RUN @ $7 on a Dec 1st '21 surge to re-coup my capital & having to go through the gut-wrenching experience of watching it drop to the $1.50 level just a few months later, I'm surprised I had the courage to buy big to bring my average down from $6.70 to $3.556. Oh, now I remember: it was for the last dividend before a dry spell from '23 till last year!

I will sleep far sounder holding Subaru, Kyocera & ROHM in Japan than Hartalega & even PChem!

If I waited till now, my old '21-'22 shares already virtually ZERO profit & have to play the long waiting game again!

But as it turned out, with my final exit from Harta @ $3.97, I garnered a modest $169.79 net capital gain & $617.06 in dividends.

Posted by dompeilee > 22 hours ago

At least I didn't let my paper profits vanish completely, by taking profit for 3 consecutive days after notifying my subscribers that it has given a dreaded sell signal at the $1.33 resistance of Apr 2022. Left with 40.9% of my 3-year-accumulated shares that earned $2,602 in dividends.


Today reluctantly let go of more shares @ 1.22 & 1.23 because it threatened my avg cost of $1.1888, bringing my stake down to below 10k, the lowest since Jun 6th 2022 & less than 1/3 of my peak holding in Dec '24. Gotta take defensive measures & turn on a dime in fickle markets!


Will look for a more opportune time to increase my stake slowly back to half of my peak closer to the bonus date...As the Terminator says: " I'll be back!"

Or good bye? 😏

Fundamentals are promising as the mkt is looking fwd to 2025 & 2026 but too many cooks spoil the broth, as the saying goes. Anyway be charitable & let the SHORTies win one more after they lo$t 16 out of the last 18 sessions...ouch for them!

I also sold mainly to invest into Tokyo, like recently-bought Kyocera京セラ which excitingly soared 8% today! Also SUBARU, Mazda, Shiseido & other global brands...

At least I didn't let my paper profits vanish completely, by taking profit for 3 consecutive days after notifying my subscribers that it has given a dreaded sell signal at the $1.33 resistance of Apr 2022. Left with 40.9% of my 3-year-accumulated shares that earned $2,602 in dividends.

Without catalyst of CPO rising above 4,500[ let alone 5,000], this one wait until beard long long...😆

Corus is directly under MUI Ind.

There's a detectable amount of intra-day "bucket-shop-driving"...only those who read classic stockmkt books will know what I'm talking about😉