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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15

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8,512

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Summary
Total comments
8,512
Past 30 days
244
Past 7 days
26
Today
6

User Comments
Stock

3 weeks ago | Report Abuse

Latest news is that Quek's Bank of East Asia wants to sell Affin.

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3 weeks ago | Report Abuse

@xiaoeh, secret codes.

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3 weeks ago | Report Abuse

0151-WB not 0151.

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3 weeks ago | Report Abuse

If you own shares in the Berjaya group of companies you get free Starbucks once a year.

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3 weeks ago | Report Abuse

3379 is even better, one day will hit 60 ringgit.

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3 weeks ago | Report Abuse

If I had bought at 40 sen then my gain would have been greater than four fold.

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3 weeks ago | Report Abuse

When Insas crashed to below 40 sen in March 2020 I didn't have cash to buy, and since then I always set aside cash for such opportunity if it should ever happen again.

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3 weeks ago | Report Abuse

After correction, sideways for awhile.

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3 weeks ago | Report Abuse

Thought Sarawak purchase of Affin from LTAT already a done deal pending formality. Already March still no announcement?

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3 weeks ago | Report Abuse

Reminder to Mr Sslee, correction middle of next week.

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3 weeks ago | Report Abuse

So many of you people! Who is who actually?

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3 weeks ago | Report Abuse

If Jaks price keeps dropping Mikecyc will vanish like the cat.

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3 weeks ago | Report Abuse

EPF buying back BIMB.

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3 weeks ago | Report Abuse

Not yet bottom.

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3 weeks ago | Report Abuse

Back in mid-January Ah Tong sold Maybank at 9.06 to buy Insas-WC at 0.42. Today Maybank closed at 9.60 and Insas-WC at 0.265. Don't be like Ah Tong

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3 weeks ago | Report Abuse

Why Insas closed red again?

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3 weeks ago | Report Abuse

Forum so quiet, no promoters, no Mikecyc.

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3 weeks ago | Report Abuse

Tong bought Insas-WC because he thought someone was making an hostile takeover but everyone else thought Tong was the one making a hostile takeover. So amusing.

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3 weeks ago | Report Abuse

Tong submitted his portfolio report as follows : based on Insas closing price of 1.09 he makes an unrealized gain of RM39,016 (Insas price has closed at 1.07 on Friday) and based on Insas-WC price of 0.28 he has an unrealized loss of RM18,461. Buying Insas-WC at 0.42 was probably Tong's dumbest decision.

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3 weeks ago | Report Abuse

Last time price was 1.04 was on 15 January, am I not right?

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3 weeks ago | Report Abuse

Insas broke through RM1 on 12th January, a Friday in the last half an hour of trading, closing at 99.5 sen. The following Monday, 15th January Insas rallied to close at RM1.20. Anyone who bought on that day and didn't sell to take profit or cut loss is now probably trapped as Insas closed RM1.07 last Friday.

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3 weeks ago | Report Abuse

Rabbit 2 years, turtle (or is it tortoise) 200 years ..... what about a cat trapped in Insas for 15 years?

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3 weeks ago | Report Abuse

Insas isn't the only undervalued counter trading far below its NTA. There are hundreds others. Affin Bank has a NTA of RM4.70 and at one stage last year or the year before it fell to around RM1.50. A bank selling for 1/3 its NTA! But nobody wanted to buy except me and one other person. Actually I made higher gain in Affin last month than I did in Insas. Bargain price isn't only in Insas. Seek them and you will find.

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3 weeks ago | Report Abuse

How will Insas perform tomorrow? Will it open gap up and speed to reach limit up level? After all Insas is so deeply undervalued. Maybe someone has decided to do a hostile takeover. Hahahahahaha.

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3 weeks ago | Report Abuse

Loneliness can drive a guy to sell.

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3 weeks ago | Report Abuse

I remember during 2nd day of CNY there were 3 people who heavily promoted Insas writing such long comments. Second day of CNY those 3 people don't have a life? Must be very lonely people who only talk cock on Insas. Now CNY over those 3 people suddenly vanished.

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3 weeks ago | Report Abuse

The vegetable raider also gone missing.

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3 weeks ago | Report Abuse

Nothing good about KPS, I buy in case suddenly they announce to take it private.

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3 weeks ago | Report Abuse

I doubt whether cat will return, she will probably get a new ID.

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3 weeks ago | Report Abuse

Reminder to Mr Sslee, correction probably in mid-March.

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3 weeks ago | Report Abuse

Defense Minister is asking for a higher price from Sarawak of RM2.60 per share or else there's no approval. Those LTAT people who negotiated a price of RM2.40 have since resigned.

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3 weeks ago | Report Abuse

People such as Leno and stockraider have no integrity. Obviously these people have been trapped at high cost and the only way for them to get out with a decent profit is to mislead others to buy high so that they could sell above their break even price.

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3 weeks ago | Report Abuse

EPF has been selling but someone else is buying aggressively.

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4 weeks ago | Report Abuse

Yesterday Insas last hour was a dead cat bounce. A dead cat can bounce only once. At current entry price Insas appears to be a value trap meaning once you buy at current price it might be hard to exit for a good gain.

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4 weeks ago | Report Abuse

@Mikecyc, Mr Sslee already sold Insas substantially above RM1.25.

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4 weeks ago | Report Abuse

The cat still missing.

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4 weeks ago | Report Abuse

I think I sold Southern Acids before 2001.

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4 weeks ago | Report Abuse

SAB ..... Southern Acid? Remember selling at around RM6 a long time ago.

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4 weeks ago | Report Abuse

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

News & Blogs

4 weeks ago | Report Abuse

The other blog the Author very upset.

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4 weeks ago | Report Abuse

Insas cantek! Dead cat bounce.

News & Blogs

4 weeks ago | Report Abuse

A value trap persuades investors because the trade appears inexpensive relative to historical valuation multiples of the stock, industry peers, or the prevailing market multiple. A value trap can drop further after an investor buys into the company.

KEY TAKEAWAYS
Value traps are misleading investments trading at low levels that present buying opportunities for investors.
For a value trap investment, the low price is often accompanied by extended periods of low multiples.

News & Blogs

4 weeks ago | Report Abuse

What Is a Value Trap?
A value trap is a stock or other investment that appears attractively priced because it has been trading at low valuation metrics, such as price to earnings (P/E), price to cash flow (P/CF), or price to book value (P/B) for an extended period.

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4 weeks ago | Report Abuse

Affin QR out, declares final dividend.

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4 weeks ago | Report Abuse

Insas now is what I would call bleeding. Waterfall is what is happening in PBA right now.

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4 weeks ago | Report Abuse

We wait and see if there's notification from EPF.