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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8,636

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Summary
Total comments
8,636
Past 30 days
162
Past 7 days
94
Today
6

User Comments
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2 months ago | Report Abuse

Sarawak is paying RM2.40 based on leaked documents.

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2 months ago | Report Abuse

His waterfall list reliable?

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2 months ago | Report Abuse

A waterfall is coming ..... not tomorrow, not next week ......... but it's definitely coming.

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2 months ago | Report Abuse

The gains on disposal quarter ending 31 March 2024.

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2 months ago | Report Abuse

Many moons ago, Ah Tong bought Insas at 80 sen, many contrarians followed, speakup followed. Last month Insas reached 1.34/1.35, Ah Tong didn't take profit, don't be like Ah Tong, Ah Tong instead bought Insas-WC at 42 sen.

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2 months ago | Report Abuse

Last month Ah Tong bought 134,000 Insas-WC at 0.42. Friday Insas-WC closed at 38 sen. Don't be like Ah Tong, buy high, now RM56k stuck.

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2 months ago | Report Abuse

Posted by TheContrarian > 1 month ago | Report Abuse

Took some profits at 1.34.

Already one month since I took profits at 1.34. When can go back to 1.34?

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2 months ago | Report Abuse

Anyone bought Insas today? Don't be shy to tell.

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2 months ago | Report Abuse

Why Insas closed red?

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2 months ago | Report Abuse

Oops, wrong forum.

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2 months ago | Report Abuse

Go, go, go BIMB.

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2 months ago | Report Abuse

I will forever hold one share in Insas in case one day it goes to RM60, then I can say I sold it at RM60.

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2 months ago | Report Abuse

Forum here so quiet today, like calm water before the waterfall?

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2 months ago | Report Abuse

Finally moving again.

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2 months ago | Report Abuse

Already broken through 80 sen. No one cheering? Everyone sold already?

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2 months ago | Report Abuse

Oops, wrong forum.

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2 months ago | Report Abuse

Go, go, go Cepat.

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2 months ago | Report Abuse

Ah Chen died last year FACBInd still not broken up.

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2 months ago | Report Abuse

If Ah Thong dies no more free warrants in 2027.

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2 months ago | Report Abuse

How deep value is it? How much cash backing per share?

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2 months ago | Report Abuse

Sad to see Mphbcap not moving.

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2 months ago | Report Abuse

After the consolidation, market price of Insas will be adjusted to RM60.

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2 months ago | Report Abuse

Insas planning to do a share consolidation : 50 shares consolidate into one giant size share.

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2 months ago | Report Abuse

I think you got the year wrong, it was crashing in May 2023 rather than 2022.

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2 months ago | Report Abuse

When market sentiment is bullish I normally aim for a minimum gain of 30%.

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2 months ago | Report Abuse

I have put my Affin sale proceeds into good use by buying BIMB at 2.24 to 2.25 and Cepat at 0.71.

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2 months ago | Report Abuse

Forum here is rather quiet. I feel BIMB can go far.

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2 months ago | Report Abuse

Yesterday took Mr Calvintaneng advice and bought Cepat at 71 sen, now Cepat 74 sen. Thank you.

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2 months ago | Report Abuse

Yesterday buy today up already.

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2 months ago | Report Abuse

Dividend already paid out last month.

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2 months ago | Report Abuse

Water fish means fools, people who only buy when prices are peak or near peak.

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2 months ago | Report Abuse

Why Insas closed red?

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2 months ago | Report Abuse

@5354_ , RM3 also can.

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2 months ago | Report Abuse

Posted by rlch > 1 week ago | Report Abuse

If you like bank BIMB is cheaper. Also good dividend counter.

Thank you for the recommendation.

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2 months ago | Report Abuse

Bought at 71 sen today.

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2 months ago | Report Abuse

@Calvintaneng, thanks, will look into some cheap palm oil counters.

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2 months ago | Report Abuse

Oops, wrong forum again.

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2 months ago | Report Abuse

Go, go, go KPS.

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2 months ago | Report Abuse

Why Insas red?

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2 months ago | Report Abuse

EPF keeps accumulating BIMB and selling Affin.

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2 months ago | Report Abuse

Posted by rlch > 1 week ago | Report Abuse

If you like bank BIMB is cheaper. Also good dividend counter.

Thank you for the recommendation, I have moved some of my sale proceeds of Affin to BIMB.

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2 months ago | Report Abuse

Oops, wrong forum.

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2 months ago | Report Abuse

Go, go, go BIMB.

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2 months ago | Report Abuse

CGS-CIMB Research says having Sarawak as a key shareholder of Affin Bank would be positive for the bank, as it could catalyse its business growth in the state through closer working relationships with the Sarawak government.

“The growth could be in the areas of business loans (ranging from SME to corporate loans), investment banking deals, treasury and ESG-related businesses (for financial services),” it says in a Jan 17 report.

It believes, however, that it will take time for the bank to realise the benefits.

“It will take time (more than one year) for any positive benefits to materialise, as Affin Bank needs to formulate a plan, expand its network and strengthen its operations in Sarawak. To achieve this, [it] would have to incur additional costs (larger number of branches and employees in Sarawak) while revenue would only increase gradually over time,” it says.

As such, CGS-CIMB cut its investment call on Affin Bank to “reduce” from “add”, but maintained its target price at RM2.26.

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2 months ago | Report Abuse

Thank you Affin for the huge gain in the past 2 weeks.

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2 months ago | Report Abuse

I don't understand why it (the 'resignation or retirement' fiasco) is being disputed, but I have resigned and stated the reason. However, I still respect the organisation (LTAT) and won't reveal the content of the letter (that was sent to both the minister and ministry secretary-general Datuk Seri Isham Ishak)," he said when contacted.


It was previously reported that Business Times had sighted Raja Affandi's cover letter dated Feb 7 that was addressed to Isham's office, clearly saying that the former had resigned from his position.

"I hereby refer to the matter mentioned above. Attached herewith is one (1) original copy of my resignation letter as the chairman of the Armed Forces Fund Board for the attention of YBhg. Datuk Seri," the letter said.

The day after the letter was sent, LTAT announced that Raja Affandi had retired.

Two days later, the former armed forces chief denied that he had retired, but had in fact resigned.

Earlier today, Defence Minister Datuk Seri Mohamed Khaled Nordin persisted in standing by the LTAT statement that Raja Affandi had retired and not resigned.

Raja Affandi's departure came just a week after chief executive Datuk Ahmad Nazim Abdul Rahman tendered his resignation.

Nazim served LTAT for 31 months after his appointment to the post on June 15, 2021.

The two departures came a month after it was reported that LTAT's planned restructuring had been put on hold.