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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7,479

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7,479
Past 30 days
33
Past 7 days
8
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User Comments
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1 day ago | Report Abuse

hey dumb8888, you should have bought Reach Energy at 4.5 sen yesterday.

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1 day ago | Report Abuse

Reach going to make some of us rich.

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1 day ago | Report Abuse

Reach assets are the oil fields in Kazakhstan. The oil is there, just need to pump it out.

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1 day ago | Report Abuse

Go, go, go Reach.

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1 day ago | Report Abuse

It's not private placement, it's debt conversion.

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3 days ago | Report Abuse

New controlling shareholder, Reach now foreign owned.

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1 week ago | Report Abuse

Entered at 40 sen today.

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2 weeks ago | Report Abuse

Bought Insas at 75.5 sen today.

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2 weeks ago | Report Abuse

@newbie_2016, you are correct.

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2 weeks ago | Report Abuse

Bought more Affin at RM2.01.

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2 weeks ago | Report Abuse

speak up, you are confused.

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3 weeks ago | Report Abuse

@Johnzhang, right now it's a matter of opportunity cost. Sell now at 85.5 sen and redeploy proceeds to another counter which will eventually rise or hold out and hope LTAT will revise the offer price higher.

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3 weeks ago | Report Abuse

LTAT shareholding in Boustead has exceeded 72%.

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3 weeks ago | Report Abuse

@BobAxelrod, offer at 85.5 sen.

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3 weeks ago | Report Abuse

Affin P/E ratio only 3.67.

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3 weeks ago | Report Abuse

LTAT is not taking over Boustead, it is already in control of Boustead. LTAT is taking it PRIVATE and delisting it like OSK did on PJ Development Bhd.

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3 weeks ago | Report Abuse

I think they got burnt earlier and hasn't returned. Eventually when price spikes up on huge volume they will return.

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3 weeks ago | Report Abuse

LTAT announced that they have purchased over 211 million Boustead shares from the open market on Friday raising their shareholding to 70%.

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3 weeks ago | Report Abuse

Bplant has landbank ..... Affin has bank ....... sell Boustead and buy both.

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3 weeks ago | Report Abuse

Windfall for Affin minorities coming.

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3 weeks ago | Report Abuse

Ambank buys Affin, windfall for Affin minorities. Go, go, go buy Affin.

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3 weeks ago | Report Abuse

Forum here is quiet which is a very good sign.

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3 weeks ago | Report Abuse

Sell Boustead and buy into Affin.

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4 weeks ago | Report Abuse

LTAT and/or friendly parties would have mopped up over 200 million shares so far representing 10% of the total shares.

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4 weeks ago | Report Abuse

I believe all the bad news is over. Let's wait for new controlling shareholder to come in this month.

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4 weeks ago | Report Abuse

@speakup, those who bought above 85.5 sen are merely throwing away their money.

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4 weeks ago | Report Abuse

3 pm foreign funds come in to sell, this is common sense due to different time zone.

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4 weeks ago | Report Abuse

LTAT does not intend to maintain the listing of Boustead. It is a privatisation attempt.

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4 weeks ago | Report Abuse

Added Affin at 2.06 today.

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4 weeks ago | Report Abuse

Privatisation at 85.5 sen.

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4 weeks ago | Report Abuse

Privatisation to be announced.

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1 month ago | Report Abuse

Hasn't really sailed off yet

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1 month ago | Report Abuse

@newbie_2016, latest QR last round of huge impairment write off and huge interest payable on shareholder's loans before new controlling shareholder comes in. Subsequent QRs shouldn't be burdened by these anymore.

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1 month ago | Report Abuse

No PN17, new shareholder coming in converting shareholder's loans into new shares at issue price of 20 sen which will increase the NTA to around 15 sen.

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1 month ago | Report Abuse

Last round of huge impairment and interest payable before new shareholder comes in later this month.

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1 month ago | Report Abuse

Mlab announced profits.

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1 month ago | Report Abuse

QR out, impressive results.

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1 month ago | Report Abuse

EPF might still be dumping.

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1 month ago | Report Abuse

@aklobi, KPS is Selangor state government investment holding company. Reasonably high dividend yield at current undervalued price.

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1 month ago | Report Abuse

@aklobi , 4th qtr eps is 6.37 sen.

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1 month ago | Report Abuse

QR out, proposed 7.77 sen final dividend.

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1 month ago | Report Abuse

Adui, ini counter support PN in GE15.

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1 month ago | Report Abuse

@SinGor, dividend of 6.5 sen already paid out in December.

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1 month ago | Report Abuse

QR out, surprisingly good.

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1 month ago | Report Abuse

EPF sells cheap we buy.

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1 month ago | Report Abuse

Special dividend coming?

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1 month ago | Report Abuse

EPF keeps selling.

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1 month ago | Report Abuse

New controlling shareholder coming in this month or next month.