SincereStock

SincereStock | Joined since 2017-05-25

Investing Experience Intermediate
Risk Profile Low

Fundamental Value trader / investor base on PE & PB. Anti technical analysis. targeting undervalue company and hoping for privatization (easiest way to earn money)

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User Comments
Stock

2024-01-23 12:14 | Report Abuse

techinical wise of course haha
just like RAPID, NTA RM1, market price RM30, indeed no boundaries🤣

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2024-01-23 11:43 | Report Abuse

@katara not imposible this time as NTA already grew to RM1.90, last time when peaked at RM1.5++ NTA was only around RM1.30

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2024-01-23 10:26 | Report Abuse

hehe too late to buy ticket now lor, start to plan my offloading stage by stage, will see how hehe

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2024-01-23 10:26 | Report Abuse

as usual lo should be end of february lo

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2024-01-22 22:01 | Report Abuse

oversold shortly after price drop to further down below 0.960 should be mainly due to the LDs crisis. also proven to be true as price easily recover back to this level just 2 days after. too bad I don't have extra cash to catch some during the bottom of 0.900, no point to sell other counters to park money here as well because my other counters suffer the same fate and also recover at almost same pace these 2 days

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2024-01-22 21:56 | Report Abuse

quote
**
Posted by SincereStock > 1 week ago | Report Abuse

sold all again at 1.05, parked my capital back to PRESTAR at price 1 bid lower than I last sold to switch here.

reason - personally don't want to be too greedy here and I always keen to reenter PRESTAR which is also due for an outbreak

seem like volume stacking at 1.05 this level and I got feeling that retailers are the one than entering this time.

I initially set my sell order at 1.15 but gave up after seeing volume and resistance building up

gd luck to you all who stay, definitely will consider coming back for 3rd round if given another opportunity as well

**

anyway, predicted it is institutional investment who is selling (retailer buying) during that time before the announcement is made :-)

regardless, reentered shortly after price drop 4% like that because I believe prospect is still good, as oil price is good and company has good chance to have good QRs results in at least short term future

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2024-01-22 21:46 | Report Abuse

they dispose at the same time got buyer also, it all depends whether the new buyer have higher TP and better holding power, urusharga jamaah continue selling is not much a concern as well as they just want to take profit and will stop if price dropped to certain level

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2024-01-22 21:44 | Report Abuse

12-Jan-2024 is during peak ma, not sure if they still selling now need wait for further announcement

imo cannot refer much to such institution investment, because they need take profit from time to time, they sure got plenty of stock left, otherwise also no concern as they have sold all

a safer way to do investment is take profit from time to time, I do that often too even I don't have such much capital to prevent profit opportunity missed in case of final TP not reached

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2024-01-22 16:14 | Report Abuse

I also have strategy to take profit step by step la to prevent such thing happen, but sometime need to sold all too especially if leftover stakes already not that many

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2024-01-22 16:13 | Report Abuse

@Albukhary same thing happened to me before too, but cannot be too distracted with that, everyday is new day in bursa, things might and might not repeat itself, better judge and reacts to odds your believe for every new situations

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2024-01-20 22:39 | Report Abuse

one of the few top grade A shopping malls in Malaysia that doesn't need to compete with TRX

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2024-01-19 14:53 | Report Abuse

can resume climb up lo hehe, this counter has nothing to do with those LD counters, can disregard them and move on already

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2024-01-19 13:32 | Report Abuse

missed opportunity to top up huhu

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2024-01-18 16:12 | Report Abuse

very resilient counter despite chaos in klci today

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2024-01-18 11:50 | Report Abuse

oil price & prospects still in tact, tempting to top up more but unable to get some fund now. will see how if price drops further

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2024-01-18 10:16 | Report Abuse

bought back a few at 1.18, thank you whoever you are still willing to sell cheap to me today morning ^_^

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2024-01-17 16:54 | Report Abuse

thank you @SCM2023

so I suppose container freight rate has more real direct influence to this company's profitability? just like HARBOUR?

any comparison between HARBOUR and this company? I am currently holding HARBOUR, would consider diverse a bit of my holding to this company as they got very similar fundamental. just not sure about their business similarities or differences

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2024-01-17 16:45 | Report Abuse

take a few profit at 2.85, still got a few left, needed the cash, thank you whoever you are willing to buy from higher bid today

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2024-01-16 23:09 | Report Abuse

can someone please enlighten me about bdi? the lower baltic index the better here for this counter's profitability? I am a little confused here

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2024-01-16 17:19 | Report Abuse

tempted to hold till QR release to see the result this round. unless price goes to another level of new height again

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2024-01-16 16:14 | Report Abuse

this counter has very recent history of quick recover from sudden lesser volume discount (refer to 10 January)

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2024-01-16 16:06 | Report Abuse

bought back a few at average cost of 0.9625, missed the 4 sen dividend but got myself 4.75 sen instant rebate instead ^_^

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2024-01-16 16:02 | Report Abuse

sold a few at 1.21, I know too early to lock profit but need a few urgent cash to park back at suddenly discounted PENERGY. still got quite a lot shares here

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2024-01-16 12:33 | Report Abuse

yay technical finally in tandem with fundamental @fruitcake cheers🥂 hopefully can fly faster now

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2024-01-12 15:10 | Report Abuse

company got very good retained profits

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2024-01-12 15:10 | Report Abuse

main problem just liquidity, if next QR performs again sure price can go gap up again. our hope now is next QR or got surprise privatization offer

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2024-01-12 11:06 | Report Abuse

so far for me myself I don't see urgency here la (no catalyst) especially I got other more potential counters to park my capital

but it is hard to say also wor can got ppl goreng also anytime without catalyst, that's why I hope wait me come back only haha

but if you got no better place park your money and you like here it is up to u to hold, at least it's fundamental still seems just nice la. need to monitor close for it's news and wait for next QR see how lo

just my little opinion ya~ no buy or sell calls I usually just comment my own buy / sell in i3 for my own records purpose ja tu, need to use them for my own future study for my pass decisions

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2024-01-11 15:22 | Report Abuse

hope can wait I got extra cash to come back here 1st lo haha

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2024-01-11 15:10 | Report Abuse

owner(s) siok2 offload stocks that might not even worth Rm1 from RM22 to near RM30, really real life goldfinger Ching, what a real life case study here

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2024-01-11 12:21 | Report Abuse

just watched goldfinger yesterday btw, but has been well understand the theory behind since long ago
just now scrolled fb saw someone posted about this counter only come here to see how's thing going on

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2024-01-11 12:17 | Report Abuse

@icecool bottom? every stock can goes below NTA down to the net cash value of the company, provided the company doesn't have tendency for further losses

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2024-01-11 12:11 | Report Abuse

why? NTA is my answer

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2024-01-11 11:59 | Report Abuse

just had a glance over some other not so fundamentally attractive steel counters, it seems steel play is very long due, especially after moratorium announcement true rally still no start

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2024-01-11 11:53 | Report Abuse

hi guys, can tell me what this Baltic Dry Index has to do here? I just searched the chart and it seems to be at the level of all time low?

is it baltic dry index more towards grounding logistic while freight rate more to port / sea operation and has more impact on counter like HARBOUR?

please correct me if I am wrong, thank you

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2024-01-11 11:36 | Report Abuse

bought back at 0.420 today after made good profit at PENERGY, glad to be able to switch back here before it's outbreak

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2024-01-11 11:35 | Report Abuse

sold all again at 1.05, parked my capital back to PRESTAR at price 1 bid lower than I last sold to switch here.

reason - personally don't want to be too greedy here and I always keen to reenter PRESTAR which is also due for an outbreak

seem like volume stacking at 1.05 this level and I got feeling that retailers are the one than entering this time.

I initially set my sell order at 1.15 but gave up after seeing volume and resistance building up

gd luck to you all who stay, definitely will consider coming back for 3rd round if given another opportunity as well

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2024-01-11 10:59 | Report Abuse

market very good outside but few of my capital cash stucked here, this time really got caught with low liquidity counter

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2024-01-11 10:58 | Report Abuse

haiz, until now seller still too easily give in with price, to be honest I wish I can transfer my capital from here to park else where as well, but buy queue is too unreasonable just after a QR not making profit

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2024-01-11 10:47 | Report Abuse

sorry off topic here a while
@5254_ since I see you also interested with politic, just want to share with you a nice video, clear explanation of current political state / dubai move issue https://www.youtube.com/watch?v=mqdVL_tvf9o , you can watch only last part of for dubai issue

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2024-01-11 10:42 | Report Abuse

@5354_ yes haha very hard playing this catching game luckily still didn't miss this one>

I don't think this counter today's up has to do with political play la btw, most likely due to the good news I just posted anyway. DAYANG up even more btw, so is probably a o&g field play

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2024-01-11 10:23 | Report Abuse

anyway still lagging behind DAYANG, chase up a bit more la, this counter good partner with PETRONAS kan? I just saw an employee wearing a tshirt with PENERGY and PETRONAS logo side by side very recently

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2024-01-11 10:18 | Report Abuse

https://www.klsescreener.com/v2/news/view/1260301

delayed response to YTD good news, bursa Malaysia really good place give investors very enough time to collect before fly

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2024-01-10 23:07 | Report Abuse

@ryan_och any fundamental reason for you to say so?

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2024-01-10 11:04 | Report Abuse

@fruitcake cheers🥂

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2024-01-09 23:23 | Report Abuse

I still waiting opportunity to come back to this counter for another good run loh! hope someone SURIA will welcome me back with open arm someday after I grew up my cash capital somewhere else now, where there are plenty of present opportunities

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2024-01-09 17:32 | Report Abuse

quote:

" Posted by SincereStock > 2023-08-30 09:00 | Report Abuse

cut queue sold all with profit at RM1.20 today morning open price

B3. Prospects
Shipping and Marine Services Division
Harbour-Link container shipping activities are facing stiff competition with main liner operators
who have deployed large tonnages into Intra-Asia and East Malaysian markets. Container
freight rates have been eroded drastically since December 2022 to the present level. We expect
the freight rates shall remain until the year end.
Domestic trade within Malaysia is also facing headwinds in freight rates and lower cargo
volume.
However, our tugs and barges operations and shipping agencies services are still consistent and
stable and we able to generate stable revenues.
Overall, based on the above, our shipping and marine services division shall be expecting lower
revenue and profit for the next financial year."

last time sold at Rm1.20 when freight rate / prospects went worst

bought back recently with average cost of 1.12 when freight rate / prospect is much better

@fruitcake this is how I trade with fundamental indicators, no technical indicators required

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2024-01-09 12:59 | Report Abuse

@katara right thing to do, will buy as much if I got the fund too

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2024-01-08 10:23 | Report Abuse

why stay so far behind DAYANG o

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2024-01-08 10:13 | Report Abuse

mahu top up also susah already now even if got cash, lesser profit margin and slight farer from bottom already, don't know if technical buy signal already triggered at this point @fruitcake