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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8,506

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Summary
Total comments
8,506
Past 30 days
238
Past 7 days
20
Today
0

User Comments
News & Blogs

1 month ago | Report Abuse

After 6 weeks, the question resurfaces again : IS INSAS A VALUE TRAP ?

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1 month ago | Report Abuse

Hahaha, now people boasting they sold Insas.

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1 month ago | Report Abuse

So speakup sold off all already?

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1 month ago | Report Abuse

This morning got anyone bought Insas? Don't be shy to tell.

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1 month ago | Report Abuse

For Insas to reverse its fall today and sprint to 1.20 by end of the day is to appease the Sharks as in Ancient time by making a life sacrifice. Feed the Sharks, throw the cat into the water.

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1 month ago | Report Abuse

Insas results performance doesn't matter, its price movement is determined by Sharks.

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1 month ago | Report Abuse

@MrSslee, postpone buying until after the correction unless something is too cheap not to buy.

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1 month ago | Report Abuse

MrSslee, I have a bad feeling that the market will have a severe correction in mid-March.

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1 month ago | Report Abuse

Insas is so deeply undervalued, every quarter announces good EPS, has over one billion ringgit free cash, got moats(?) , got mosquitoes breeding in the moats. One day Insas will surely reach 60 ringgit ...... one day our dream will come ...... one day ...... one day when?

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1 month ago | Report Abuse

@Mikecyc, yes, yes, luckily MrSslee took profits last month.

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1 month ago | Report Abuse

@MrSslee , make your own assessment on what to buy, when to buy, sometimes we make mistakes, so long as we make more correct decisions we will see the fruits of financial rewards.

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1 month ago | Report Abuse

The kucing trapped 15 years become insane already. Pointless to debate with insane people. Insas cantek. 60 ringgit kambing.

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1 month ago | Report Abuse

@MrSslee, Insas is controlled by Sharks. Never stay too long in shark infested water.

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1 month ago | Report Abuse

@MrSslee, that kucing very bitter of you.

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1 month ago | Report Abuse

Foreign funds not buying Insas?

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1 month ago | Report Abuse

KLSE CI broke through 1550 points today. Foreign funds buying. Why Insas down?

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1 month ago | Report Abuse

Wherever got tikus sure got kucing follow. I think that kucing also got trapped on 44 floor.

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1 month ago | Report Abuse

Mr Sslee, you so bad one, trapping tikus on 44 floor.

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1 month ago | Report Abuse

@Mikecyc, you should quit disturbing Mr Sslee. He got cause you lose money?

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1 month ago | Report Abuse

@Mikecyc, now already 2024. Whatever price Insas bought in 2021 already can sell at profit last month.

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1 month ago | Report Abuse

Those still holding Insas, don't panic. Insas remains deeply undervalued. Still no news of Tong selling.

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1 month ago | Report Abuse

@Mikecyc, you not up to date lah. Mr Sslee sold Insas substantially mostly above RM1.20 last month, he holds little now.

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1 month ago | Report Abuse

On CNY eve Insas closed at 1.22. On second day of CNY 3 people heavily promoted Insas although stock market was closed. CNY also these people got no life.

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1 month ago | Report Abuse

Despite announcing a good QR with EPS of 3.61 sen (that's about 14 sen annualized) , Insas share price dropped. Why? isn't it obvious? People holding zero cost portion of Insas are selling.

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1 month ago | Report Abuse

@Mikecyc, Mr Sslee already made tons of money from Insas recently.

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1 month ago | Report Abuse

I already sold 97% of my Insas last month when it moved from below 90 sen to above RM1.30. Only bank I like now is BIMB.

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1 month ago | Report Abuse

@Yippy68, I feel you are too heavily concentrated in MBSB. Your recent venturing into Affin has brought you financial rewards. Affin share price ran ahead because it is more superior to MBSB. Similarly, Bank Islam share price has also recently run ahead.

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1 month ago | Report Abuse

@Yippy68, EPS is more relevant than high DPS because high DPS isn't sustainable if EPS drops. MBSB doesn't appear to have the all round strength of other banks. Just rebranding itself as an Islamic bank doesn't transform it overnight to rival Bank Islam which is long established.

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1 month ago | Report Abuse

Tapi tak bagi dividend.

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1 month ago | Report Abuse

Insas QR out, as usual no dividend.

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1 month ago | Report Abuse

You mean last Friday?

News & Blogs

1 month ago | Report Abuse

To a person who holds zero cost portion selling 100,000 shares of Insas at average price of say, RM1.18 means a profit of around RM118,000.

News & Blogs

1 month ago | Report Abuse

Eventually one day people who holds zero cost portion of Insas will get tired seeing that Insas share price is flattish. Then one by one start selling resulting in a waterfall.

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1 month ago | Report Abuse

Insas could pay out quarterly dividends but unfortunately refuses to do so.

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1 month ago | Report Abuse

Insas manipulates its EPS by selectively selling down Inari shares.

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1 month ago | Report Abuse

Every time Insas break through RM1 the retailers declare that Insas has move out of its "value trap" but ....... eventually the price drift down and go below RM1 not once, not twice, but thrice in the past ten years or so.

News & Blogs

1 month ago | Report Abuse

Always set aside some cash so that when deeply undervalued shares drop to ridiculous price level we could buy.

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1 month ago | Report Abuse

The market is reacting positively to the departure of 3 key LTAT personnel.

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1 month ago | Report Abuse

New Defense Minister is not happy with the proposed sale, maybe he doesn't want to sell 25% but less or maybe he thinks Sarawak is shortchanging LTAT at RM2.40 and is demanding a higher price.

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1 month ago | Report Abuse

@chamlo, the sale from LTAT to Sarawak is awaiting Bank Negara approval.

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1 month ago | Report Abuse

I am expecting a mid-March market correction.

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1 month ago | Report Abuse

I am totally out of Affin and made a gain of around RM70k. Now I am in Bank Islam.

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1 month ago | Report Abuse

During CNY I met Quek and asked him if he were going to make a hostile takeover of Affin, he laughed and laughed and laughed.

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1 month ago | Report Abuse

EPF sells Affin to re-balance their bank shares portfolio, moving out of Affin into Bank Islam as EPF funds are now segregated into Shariah and Conventional. More EPF account holders are opting for Shariah.

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1 month ago | Report Abuse

LTAT is very broke and without selling a block of Affin it would default on Boustead Holdings huge loans.

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1 month ago | Report Abuse

Sarawak doesn't buy from the open market because they are cheapskate, they want to buy cheaply off the hands of LTAT who desperately need to raise cash because they got trapped into doing a takeover of Boustead Plantation.

News & Blogs

1 month ago | Report Abuse

A value trap is an undervalued share that never reaches its true value and forever trades far, far below its true value like ...... Insas but that doesn't mean you can't make tons of profits from it. In fact I already made four fold from my original investment in the past 10 years or so. Always buy near the bottom and sell near the top and you will never get trapped. So simple.