Build my first position today, for me latest QR is not that bad if you study the report in detailed. I am looking forward to next QR and 2022 due to their ongoing operation optimisation exercise. Will build 2nd position if drop another 15%, always remember to utilize the panic of the market :)

"A man is walking slowly on a country lane. Accompanied with him is his dog, who follows his master slowly. While the man is walking slowly, his dog jumps around back and forth. Sometimes the man is ahead, thus he will wait for the dog, and there will be times when the dog is ahead; thus the dog will wait. The man is the economy, and the dog is the stock market."

- André Kostolany

Q1 profit will not be looking good compare to previous quarters due to FMCO and phase 1, but has the market over-reacted on it? It isn't as important to buy as cheap as possible as it is to buy at the right time - Jesse Lauriston Livermore

Vessel's supply constraint is a structural problem in the industry that cannot be solved overnight, which would inevitably keep freight rates at high for some time.

Good move, Dividend Ex date but price still move upward! Patience starting to pay off

“Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.”
― Philip A. Fisher

@bowls "stock market is just a matter of goreng & not goreng, can't believe that so many people out there still rely on textbooks"

It is wise to be humble in the stock market and that will help you a lot in your investment career. We can always get better by standing upon the shoulders of giants.

Like i said always buy on dip if you have done your study properly, be patience and firm even some panicked doubters will try to deny you along the path. Ultimately you are the one that responsible for your own investment and patience always pays the greatest reward.

"Stock market profits are like personal injury compensation. First comes the pain, then the money." - André Kostolany

I hope this will make you feel better

Last week you was upset because you missed the chance to buy cheap and now the opportunity to buy cheap arise but then you are full of fear? Think about it

Last week the share price was hovering around 1.21-1.26 for whole week, if you understand the company's business model well then indeed it was the best window for you to accumulate your position. Be patience and greedy when everyone are in fear.

Just make sure you have a proper exit strategy and plan your risk management accordingly.

“Investment success doesn’t come from “buying good things,” but rather from “buying things well.” – Howard Marks

If you understand what it means

Always buy on dip if you have done your study properly

QR released with 3 sens dividend, consider not bad in current market condition

Congrats to all shareholders, the QR result is outstanding amid new high charter rate since 2010 due to congestion in various ports. Foresee better result in coming quarters due to ongoing strong demand and supply constraint, so just sit back and let the profit run :)

Congrats to all value investors who still hold until now, you guys deserved it! It is not easy to stay firm and stick to your principles when the likes of Antfakeguru1 keep giving bad influence here. Hold tight and enjoy the journey :)

Antfakeguru1 Hope it will goes like what you said, i am still waiting chance to top up more around rm3.30 range, coz even PP also can't pressed down the price which quite surprised me actually

Great result, congrats to all holders. Still thinking to collect more if drop to 0.515 tomorrow but looks like there is little chance to do so

Panamax and Supramax's rates still remain at very high levels and vessel's supply constraints will not be solve until 2H 2022

Hibiscus seems attractive at current price with oil price stand above $70. Demand shall outpace supply with more countries reopen economies in 2nd half of the year.

@Antfakeguru1 looks like hard to collect at rm3 anymore like we wished for, hope there is still chance to collect more around rm3.30, quite upset that it rocketed so fast

Congrats to those who hold from rm1 and above, it is great achievement to hold till this moment, and i believe the journey still not end yet :)

Antfakeguru1 are so adorable, always bring so much joy to this forum, keep it up :)
In fact, drop to rm3 is a good news and opportunity for those who want to accumulate at low price and hold long, so why not?

Frankly speaking Antfakeguru1 and GooShen bring a lot of fun to this forum, i really appreciate the entertainment they bring to us :) Anyway I had accumulated enough around 3.10 and what we need to do now is wait for it to flourish like how d&o did.

A company with 50m profit and unbilled sales of 500m is a trash stock? Do you really expect share price will keep rising everyday? The reality is it doesn't work that way, like what Warren Buffett said "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes." Remember Lagenda are not like those goreng stock.

Hi Penguin88, i had stated my stance clearly back to 10th Dec when the price is still around rm1.60++, holding a share does not mean chasing high, if you understand the intrinsic value of this share then you know what i mean. I don't not ask people to be a traders but i advice them to stay firm and believe in value investing. D&O is one of only few Malaysia companies that can compete with world class company toe to toe, and they are riding on a booming EV trend, i don't think i need to explain further.

i bought D&O at rm1.20 and have not sell a single share up to now(buy even more during every round of correction), there will always be a lot doubters try to influence you along the journey, but remember to stay firm and you will be reward handsomely for your patient.

Nope, there is no such requirement from management for this tranche of PP. Hold tight and relax, like D&O i bought at rm1.20 and have not sell a single share up to now as well although there are some up and down along the journey.

The reason lagenda price is dropping is because last tranche of private placement share's subscriber are taking profit before/after QR released plus recent weak market sentiment, there are 60m shares(2/3 of private placement shares) traded for last 20 days since the price reach its resistance rm1.8, so remaining strong PP holders and long term investors shall help to form a strong support in the range of RM1.37-RM1.40. I have hold the shares from RM0.90 till now and have not sell a single share up to today and have not lose any faith on this company, the latest QR itself is the best answer to any doubter.

Perak project is coming in 2H2021, Lagenda is riding on the wave of booming affordable home trend plus their ability to achieve high profit margin, it's now or never to purchase at such low price. Mark my word.

what do you know about value invest, what give you the right to accuse the people who holding is stupid, if they are stupid then what are you? donkey who act smart?