Looking good and getting better & better with a High of 1.36 and closing at 1.34 today. Those that successfully executed bottom fishing @ 1.03-1.05 before the 3.84 sen that went Ex Dividend in early October 2019 and still holding would have reap an absolute “bumper harvest” in less than 3 months (ie. Vulture Fund) :-)

Consolidation phase (1.20-1.30) took longer than expected but uptrend wave seems visible now.

Every dog will have its Day :-)

Something good is happening ? ;-) :-)

The low of 3 was an exceptional “bottom fishing” price yesterday. With festive seasons coming, more will have to opt for Padini due to lackluster economic conditions.

I average even more & went aggressive panic buying with 10k @ 14.66 :-)

Bought again @ 14.66.

Exactly. In equities investing, Positive thinking should always be the way forward. Nothing is certain but one must always Trust their intuition and follow through with the plan. The market noises and negativity enables me to execute through with my “bottom fishing” strategy perfectly and successfully :-)

Time & Tide Wait For No Man.
The List is not exhaustive but those that bought near “bottom fishing” price when sentiments were absolutely negative & exited within the last 12 months would have had a “bumper harvest”
1) Gamuda
2) TM
3) Astro
4) Sunway
5) Airport
6) VS
7) SKP
8) PLabs
9) EcoWorld
10) EcoInt
11) Armada
12)Velesto
13) KNM
14) SP Setia
15) IOIPG
16) Air Asia
17) Lafarge
18) MBMR
19) FGV
20) D&O

@ abang_misai Welcome to the Club. You have got excellent value @ 14.90. As for me, I started since 16.30 after the Ex-Dividend as I envisaged the wrong “bottom price” but still happy with my average accumulated price. Government/Kastam will definitely embark on combating illegal smuggling based on recent MOH statements.

Of course there will be effect including the lackluster economic climate and uncertainties in our political scene resulting in foreign funds exodus. However, the projected dip in sales and envisaged dividend yield (albeit lower level) still does not justify the current trading price for BAT. Market has no memory and Foreign Funds will return in droves once they smell Value :-)

I am still patiently averaging downwards & accumulating at 15.10 & 14.90 today :-)
Let’s see how low it could go due to recent negative news flow but Iuckily I have deep pockets and can still average down all the way based on my exceptional capital gain in 2019. Also, my other stocks in my portfolio are giving excellent returns. If analysed carefully, the selling pressure on BAT is not aggressive based on the daily transaction details. Even I can easily move BAT share price upwards significantly if I decided to buy aggressively upwards or move my investment weightage from 50%:50% to 70%(Equities):30%(Cash) in due course

In addition to the necessity & high demand for healthcare product ie. surgical gloves, let’s not forget that SuperMax also have another good product segment in contact lenses. Positive momentum expected in 2020 :-)

Positive momentum today. Bodes well for 2020 :-)

@kingcobra Time & Tide Waits For No Man.
Nothing Venture Nothing Gain ;-)
Christmas & New Year Comes Early if bottom fish at 0.18 recently.

Congratulations to those that bought in at the bottom fishing price of 0.63-0.65. Christmas comes early :-)

Exactly. As in FX transactions, it is important to Trust Your Own Intuition instead of Banker’s TP.

Exactly. Share prices will always have its Up & Down. Current position is similar with Sunway Berhad share dividend & SBB approach when its share price was hovering ~ 1.45.

Every dog will have its day. Decided to exit with good profit based on “bottom fishing” investment strategy although momentum still looks good for plantation stocks at this juncture.

Very positive statement by EcoWorld Chairman just a few days before the QR announcement. QR must be excellent. Otherwise, Management will lose all credibility

Very positive statement by EcoWorld Chairman just a few days before the QR announcement. QR must be excellent. Otherwise, Management will lose all credibility.

@ tokohM An old man certainly have plenty of time & patience :-)

Of course, not aggressive buying all at once even if you deem the share price to be absolutely attractive and need to maintain a diversified portfolio. In any case, need to have absolute holding power under current economic/equities climate and important to maintain a 50%:50% (Equities:Cash) position as there will always be Value Buy. Crisis = Opportunities:-)

Finally, some light at the end of the tunnel ? Perhaps, some good news soon :-)

Of course, prospect is bad. Otherwise, BAT will not be trading at current level. It is impossible to time & predict to buy at absolute “bottom” I am more than happy to continue buying in / average down in tranches all the way down. In share investing, it is Impossible to make the right call All The Time. With holding power and bottom fishing strategy, I am sure it will reap it’s rewards in due course. The same strategy gave me excellent returns previously in Air Asia, SP Setia, IOIPG, MAHB, Sunway, SKP, VS Industries, Inari, FGV, MYEG , LHI, D&O, KNM, Armada, Velesto etc. Awaiting for similar returns in new portfolio of SuperMax, PLabs, Padini, EcoWorld & BAT etc. :-) As the saying goes, Time & Tide Waits For No Man.

Let’s all make $ together and have a Merry Christmas & Happy New Year :-) CNY Ang Pau on 8/1/2020 by way of Share Dividend (65/1000) too.

Even though glove sector should be Neutral, the share price have been badly battered down towards 1.30. With Management Future Prospect guidance good in the latest QR, outlook is good.

Max it all the way :-) Fantastic Value Buy @ 1.32-1.34 just prior to Ex Dividend.

What to do .....I have been averaging down for every 20 sen drop in price since 16.30. Accumulating lots of cigarettes since the bottom doesn’t seem to be in sight yet. In any case, I will follow through with my plan & intuition :-)

Absolutely. Not just BAT but every businesses and sectors will be facing a challenging year ahead.

Need to be absolutely patience in this current market environment. As long as investment based on “bottom fishing” strategy, it should be fine over time.

After a recovery from it’s recent consolidation and bottom fishing range of 0.18-0.20, positive momentum today could well propel the share price to higher level soon. At such compelling valuations based on recent QR profit, hopefully something good will happen soon so as to reward “bottom fishing” investors :-)

BAT is an excellent Buy too at current level. At such compelling valuations and generous dividend yields, BAT Plc. could well take BAT Malaysia private soon.

PLabs @ 0.18 last month would have been a “perfect“ Buy :-)

QR Results announcement was good last month. However, seems like something good is happening and we await the good news. Congratulations for those that bottom fish at 0.18 :-)

Good QR. Reversal of previous quarters profit reduction towards QR profit increased & upward trend. Good growth prospect momentum too. Prospect good as per Management Future prospect guidance in QR. Last Call :-)

Happily accumulating :-) Last Call ... Watch It Move.

Best guidance will be the Future Prospect guidance section by Management in the latest QR. Investment decision to be based on Your Own Intuition.

Best guidance will be the Future Prospect guidance section by Management in the latest QR. Investment decision to be based on Your Own Intuition.

https://www.klsescreener.com/v2/news/view/607916

https://www.klsescreener.com/v2/news/view/607916

S&P Global downgrades Genting Berhad’s credit rating :-( Negative as cost of funds will be higher.

S&P Global downgrades Genting Berhad’s credit rating due to aggressive expansion and Empire acquisition :-( Negative as cost of funds will be higher.

Of course no regular comments as markets will always have its Ups & Down. Everyone entitled to their own views and assessments as time & tide waits for no man. Enjoying the golden years with regular travelling and equities investment is only part of the total financial planning. I Trust My Own Intuition :-)

Dividend yield getting higher with lower share price. It is not possible for BAT to lose monies except for reduced profit only. Happily averaging down since 16 plus level :-)

Refining margin looking good. Buy whilst sentiment is poor and price is Low.

No big Sellers :-| It is so difficult to accumulate big amount < 16.30 despite negative market sentiments. Aggressive buying or averaging upwards strategy would easily propel the shares > 17 but I believe in “bottom fishing” strategy :-)

Follow Your Intuition. Patience is a virtue. As I said before, I will happily accumulate at prices below 16.30. On overseas holiday and enjoying Panoramic scenery as Time & Tide Waits For No Man :-)

“Genting Plantations Bhd reported a 23.6% drop in its third-quarter (3QFY19) net profit to RM17.96 million, from RM23.51 million in the corresponding quarter last year, dragged mainly by weaker palm product prices, lower contribution from its property business, and losses at its biotechnology segment” Good results ? Together with GenS recent announced results, astute investors can easily second guess Genting upcoming QR results due out soon.

From all the recent comments, it is obvious that commenters that understand the technicality of MFRS 16 would have been able to second guess the impact on QR results even prior to the official announcement today based on AA recent Corporate Exercise. The actual QR results announcement today will just make visibility clearer. In addition, other information in the QR notes in respect of increased in operating cost and operating expenses, associates losses etc. will assist in informed investing. Turbulent trading tomorrow.....