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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9,059
Past 30 days
81
Past 7 days
14
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User Comments
Stock

2023-03-30 16:48 | Report Abuse

Go, go, go Reach.

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2023-03-30 11:46 | Report Abuse

Vroommmmmmmmm

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2023-03-30 09:24 | Report Abuse

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

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2023-03-28 22:33 | Report Abuse

New controlling shareholder, Reach now foreign owned.

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2023-03-23 17:38 | Report Abuse

Entered at 40 sen today.

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2023-03-16 20:47 | Report Abuse

Bought Insas at 75.5 sen today.

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2023-03-14 19:27 | Report Abuse

@newbie_2016, you are correct.

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2023-03-13 12:05 | Report Abuse

Bought more Affin at RM2.01.

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2023-03-11 21:36 | Report Abuse

speak up, you are confused.

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2023-03-09 05:10 | 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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2023-03-08 18:08 | Report Abuse

LTAT shareholding in Boustead has exceeded 72%.

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2023-03-08 15:38 | Report Abuse

@BobAxelrod, offer at 85.5 sen.

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2023-03-08 14:26 | Report Abuse

Affin P/E ratio only 3.67.

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2023-03-08 14:02 | 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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2023-03-06 19:37 | 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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2023-03-06 16:18 | 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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2023-03-06 09:56 | Report Abuse

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

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2023-03-04 23:32 | Report Abuse

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

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2023-03-04 18:54 | Report Abuse

Forum here is quiet which is a very good sign.

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2023-03-04 14:12 | Report Abuse

Sell Boustead and buy into Affin.

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2023-03-03 16:11 | 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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2023-03-03 15:44 | 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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2023-03-03 15:43 | Report Abuse

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

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2023-03-03 15:23 | Report Abuse

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

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2023-03-02 16:47 | Report Abuse

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

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2023-03-02 16:13 | Report Abuse

Added Affin at 2.06 today.

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2023-03-02 16:06 | Report Abuse

Privatisation at 85.5 sen.

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2023-03-02 14:48 | Report Abuse

Privatisation to be announced.

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2023-03-01 22:29 | Report Abuse

Hasn't really sailed off yet

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2023-03-01 19:21 | 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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2023-03-01 14:20 | 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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2023-03-01 09:37 | Report Abuse

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

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2023-02-28 18:47 | Report Abuse

Mlab announced profits.

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2023-02-28 17:30 | Report Abuse

QR out, impressive results.

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2023-02-28 10:31 | Report Abuse

EPF might still be dumping.

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2023-02-28 10:29 | Report Abuse

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

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2023-02-28 05:28 | Report Abuse

@aklobi , 4th qtr eps is 6.37 sen.

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2023-02-27 22:58 | Report Abuse

QR out, proposed 7.77 sen final dividend.

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2023-02-27 17:46 | Report Abuse

QR out, surprisingly good.

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2023-02-20 13:57 | Report Abuse

EPF sells cheap we buy.

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2023-02-20 13:55 | Report Abuse

Special dividend coming?

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2023-02-18 22:16 | Report Abuse

EPF keeps selling.

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2023-02-14 18:19 | Report Abuse

New controlling shareholder coming in this month or next month.

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2023-02-12 21:42 | Report Abuse

If drop to 0.225, I will buy back.

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2023-02-02 11:19 | Report Abuse

Go, go, go Reach.

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2023-02-01 20:39 | Report Abuse

I think dividend policy is 50% payout of net profit.

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2023-01-30 11:34 | Report Abuse

Go, go, go Reach.

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2023-01-29 10:54 | Report Abuse

aklobi, that's good.

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2023-01-29 10:48 | Report Abuse

@newbie_2016, with the new incoming controlling shareholder I hope Reach can breach 10 sen barrier.

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2023-01-27 17:35 | Report Abuse

Anyone bought Mycron?