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
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User Comments
Stock

2021-09-22 23:07 | Report Abuse

You must sell partially when it rallies, then when price retreat, can buy back lower.

Stock

2021-09-22 22:58 | Report Abuse

Bought at 69.5 sen.

Stock

2021-09-22 22:16 | Report Abuse

Leno, you didn't cash out your WC at 49.5 sen?

Stock

2021-09-22 20:47 | Report Abuse

You are welcome but don't put all your money into one counter. Diversify into a portfolio of 15 to 20 counters.

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2021-09-22 20:15 | Report Abuse

Hahaha, no way can overtake Rubberex.

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2021-09-22 20:13 | Report Abuse

SBB done at a price below NTA will enhance the NTA for the remaining shareholders. The BOD/Management was very patient waiting for the price to drop to below 60 sen before starting to do the SBB. As the Company has lots of cash it can do the SBB in the sustainable manner, buying at 6-8 million shares daily. The Company can buy up to slightly above 90 million shares. A sustainable SBB would mean price will tend upwards. Margin calls will ease, forced selling will ease, short sellers will have to cover their short position.

Stock

2021-09-22 19:18 | Report Abuse

What I say or think doesn't matter. It's what you think and believe.

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2021-09-22 19:01 | Report Abuse

It's the best move.

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2021-09-22 18:53 | Report Abuse

Wow! The Godmother of Aussie Mafia !

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2021-09-22 18:41 | Report Abuse

Leno got gang?

Stock

2021-09-22 18:40 | Report Abuse

Rubberex has lots of cash to do SBB and will probably go on buying back shares everyday until price goes above 80 sen at least. Short sellers gonna incur huge losses if they don't cover their short position.

Stock

2021-09-22 17:43 | Report Abuse

Expansion plans can always be scaled back and the excess money raised from the private placement can be used for share buy back.

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2021-09-22 17:23 | Report Abuse

Kraken went back to its cave?

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2021-09-22 17:22 | Report Abuse

Refuelling taking so long.

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2021-09-22 16:58 | Report Abuse

Insas still below satu ringgit, IBs cannot buy.

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2021-09-22 16:39 | Report Abuse

Rubberex can buy back up to around 91.5 million shares

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2021-09-22 09:32 | Report Abuse

Bought at 59.5 sen.

Stock

2021-09-19 09:33 | Report Abuse

Haha, I know. Let those three deny.

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2021-09-19 07:50 | Report Abuse

Didn't know all 3 are the same person!

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2021-09-16 20:39 | Report Abuse

I prefer small capital counters. When small capital counters rally on volume, the price moves up greatly in terms of percentage gain. I haven't researched on Comfort, so can't comment.

Stock

2021-09-16 19:58 | Report Abuse

Apparently there has been short selling of MNRB shares.

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2021-09-16 19:54 | Report Abuse

The 10% overall limit is for Regulated Short Selling (RSS) and Intra Day Short Selling (IDSS). RSS limit is 4% I think. For IDSS the short sell position needs to be closed off on the same day.

Stock

2021-09-16 19:41 | Report Abuse

There's no expiry time to buy back but there's borrowing fees to pay for the securities borrowed for short selling purpose. I think the overall limit to short selling is 10% of the total number of shares in issue but it also depends on shareholders who are willing to lend their shares to the short sellers. If no one lends, there cannot be any short selling.

Stock

2021-09-16 16:00 | Report Abuse

Gloves counters have been on a prolonged downtrend due to massive short-selling. Eventually the short sellers need to buy back to cover their open short positions. There's rumours that the government might suspend short selling and if this do happen then there will be massive panic buying by the short sellers.

Stock

2021-09-15 19:14 | Report Abuse

Usually I target counters which I feel could earn me 30% gain within 6 months and Rubberex is one.

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2021-09-15 17:06 | Report Abuse

Bought at 0.625 today.

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2021-09-14 22:45 | Report Abuse

I usually set a 30% gain target. My average cost for SBagan was RM3.09, I sold between RM3.97 to RM4.17 last week.

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2021-09-14 20:40 | Report Abuse

Set a target selling price and when it reaches your target, start to sell down.

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2021-09-14 19:48 | Report Abuse

If it goes down further it will be a greater bargain to buy. No one really knows where and when is the bottom.

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2021-09-14 18:59 | Report Abuse

6 weeks ago market price was above PP price. Today at around 20% discount from the PP price is a bargain if you have spare cash to buy and hold.

Stock

2021-09-14 18:32 | Report Abuse

PP was about 6 weeks ago.

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2021-09-14 18:02 | Report Abuse

Recent private placement @ 80 sen brought in cash into the Company and also enhanced its NTA. Now market price has fallen by around 20% from the private placement price. I think at this price it's a good buying opportunity.

News & Blogs

2021-09-13 23:06 | Report Abuse

Haha, the market is forward looking. Insas has no future.

Stock

2021-09-13 19:12 | Report Abuse

Insas below RM1 IBs cannot buy.

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2021-09-13 16:48 | Report Abuse

Plane grounded.

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2021-09-13 16:17 | Report Abuse

Bought at 63 sen.

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2021-09-13 15:54 | Report Abuse

Eksons gonna fly?

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2021-09-11 14:46 | Report Abuse

Leno, how will Insas perform next week?

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2021-09-11 13:06 | Report Abuse

Kluang and Kuchai are the two largest shareholders in SBagan.

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2021-09-11 13:01 | Report Abuse

When volume cums get ready to sell.

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2021-09-10 21:02 | Report Abuse

Yes, very thinly traded.

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2021-09-10 19:56 | Report Abuse

Why got people buy at 80 sen?

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2021-09-09 19:44 | Report Abuse

Whatever restructuring proposal to take SBagan private will be good for both Kuchai and Kluang.

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2021-09-09 19:06 | Report Abuse

Possibly propose a SCR.

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2021-09-09 18:55 | Report Abuse

MAA bought another 33 million KNM shares on 7/9.

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2021-09-09 18:23 | Report Abuse

Probably SBagan will be privatised.

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2021-09-09 17:00 | Report Abuse

Kuchai is a major shareholder of SBagan, isn't it?

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2021-09-08 09:30 | Report Abuse

Privatisation? Bonus issue?