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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9,497
Past 30 days
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User Comments
Stock

2024-04-30 17:58 | Report Abuse

Don't think so.

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2024-04-30 17:55 | Report Abuse

April has finally come to an end. For the record Insas traded in the range of 1.10 (briefly on 1st April) to 1.00.

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2024-04-30 16:43 | Report Abuse

Bought at 37.5 sen today.

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2024-04-30 15:25 | Report Abuse

Making money from any investment is all about timing, the entry price at the time you buy and the price you sell at the time you exit.

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2024-04-30 10:23 | Report Abuse

I don't feel that Insas BOD is creating value for the shareholders. I made 4X because market forces depresses Insas price back after each temporary peak. It's this continuous cycle that allows me to benefit greatly.

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2024-04-30 10:19 | Report Abuse

@MrSslee, entry price is important. Even high dividend stocks, enter at the right price.

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2024-04-30 00:02 | Report Abuse

@ltlim74, what are you talking about?

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2024-04-29 16:19 | Report Abuse

Let's us all follow roger3210, only buy when it start moving up.

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2024-04-29 14:29 | Report Abuse

My first goal when I started investing in the stock market was to make enough to finance the purchase of a home (I was living in rented flat then) and I achieved that by year 2000 and thereafter it was to build up a retirement nest which I have achieved. When I am 70 (or 65) I want to just spend, spend, spend, go overseas, visit the ancient sites etc.

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2024-04-29 13:29 | Report Abuse

Making money in the stock market is a sure thing for me. There will be period of times when you make extremely huge gains, but it is a small window of time and you have to be able to see it when the selling opportunity arises. Most other times the stock market is flat or down. These are also good times as they present buying opportunities.

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2024-04-29 13:22 | Report Abuse

When I was younger I was more "reckless", more daring, betting huge on Second Board stocks, betting on warrants etc. Now I am more into safe, deeply undervalued stocks like Insas.

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2024-04-29 12:54 | Report Abuse

I have played warrants many times, the greatest return was Affin call warrants which I was bought just before Donald Trump was elected President of the United States. The warrant was new and stock market was shaky due to US presidential election. After Donald was elected Affin share price shot up and I made a 300% gain on the Affin call warrant.

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2024-04-29 12:48 | Report Abuse

Warrants normally trade at a premium and if one wants to speculate in warrants one has to buy at the early stage when the warrant is first issued. As the expiry date draws close the risk in holding warrants rise steeply. In Insas' case the warrant premium is roughly 10 sen with about 22 months to go. If Insas price remains flat, the warrant premium will erode slowly over 22 months. Just before expiry you either have to sell your warrants at whatever price and buy Insas shares or exercise the warrants by paying 90 sen in order not to lose your investment.

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2024-04-29 12:33 | Report Abuse

The timing of the article when Insas was a hot stock. He hasn't contributed anything else this year or for a long time except for two long articles on Insas and Insas-WC in January when Insas was so hot.

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2024-04-29 11:43 | Report Abuse

If MAA resumes paying dividend or do a share buy back it will earn itself brownie points from the minority shareholders.

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2024-04-29 11:41 | Report Abuse

Ya, MAA needs to turn KNM around but will take a long time.

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2024-04-29 11:20 | Report Abuse

Tong was doing ok in Insas at first but he then got greedy and bought Insas-WC at 42 sen. The unrealized loss on his Insas-WC has eaten into his unrealized gain on Insas.

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2024-04-29 10:48 | Report Abuse

Yes, true, just need to do some own research, monitor commodities price movement which is now easy with the internet ....... but most people are damn lazy, mostly herd type just looking for tips.

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2024-04-29 10:17 | Report Abuse

@MrSslee, with the money you are making from Bursa currently and in the future, you don't have to worry about your sleep.

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2024-04-29 10:10 | Report Abuse

Forum here totally quiet.

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2024-04-29 10:07 | Report Abuse

What? MrSslee planning to become a shark?

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2024-04-29 10:05 | Report Abuse

Just bought back MAA at 38.5 sen. Hope price doesn't go lower.

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2024-04-29 09:53 | Report Abuse

@MrSslee, you have done extremely well. You are more knowledgeable of the ways the stock market is been played. You are aware of the syndicates pumping and dumping. You are now very confident of your stock picks.

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2024-04-29 09:38 | Report Abuse

The article was written at that time to promote Insas-WC.

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2024-04-29 09:11 | Report Abuse

How many people actually live beyond 80?

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2024-04-29 09:10 | Report Abuse

I think KYY is 91.

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2024-04-29 08:32 | Report Abuse

MAA has a rotten investment in KNM. Lots of cash was wasted there.

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2024-04-29 00:13 | Report Abuse

The stock market this year the big gains were all during January, just a one month window period, after that it was either up a bit, long consolidation or drifting downwards which means you make little gains or nothing at all.

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2024-04-29 00:05 | Report Abuse

Pong ...... pong ..... kong ...... pong ...... kau!

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2024-04-29 00:04 | Report Abuse

At 65, I hope to be playing mahjong every week day rather than monitoring the stock market.

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2024-04-29 00:01 | Report Abuse

Presently I haven't touched a single sen from my EPF and PRS. The market value of my investment in the stock market currently stands in excess of RM250,000. And the cash with my broker, my FD amount to another ....... shhhh, I am not telling.

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2024-04-28 20:17 | Report Abuse

The ASEAN financial crisis somehow benefited me because property price crashed and I was able to buy my condominium below market price.

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2024-04-28 20:15 | Report Abuse

I think MrSslee started investing late.

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2024-04-28 18:58 | Report Abuse

When I am 70 or maybe earlier at 65 I want to be totally out of the stock market.

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2024-04-28 18:47 | Report Abuse

I have a contrarian approach of investing. I buy undervalued stocks when no one wants, when prices spike up, I watch and when people including the so-called masters/sifus get excited, I sell off.

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2024-04-28 18:38 | Report Abuse

In January this year I sold 4 counters : Kuchai, Sg Bagan, Affin and Insas, gaining over RM100,000 and the bulk of the sales proceeds are still held as cash.

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2024-04-28 18:35 | Report Abuse

Over the years, over 2 decades, I have swam with the sharks and got the better of them, and this gives me confidence how to take them on and win.

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2024-04-28 18:27 | Report Abuse

Smart investors collected Insas at 80 sen and sold at RM1.25.

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2024-04-28 18:26 | Report Abuse

What's the point of buying Insas at RM1.25, hoping to sell at RM2.00 ?

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2024-04-28 18:25 | Report Abuse

Each undervalued stock that we might invest in will spike at different time, we must already have these stocks before price spike.

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2024-04-28 18:24 | Report Abuse

There are other undervalued stocks, we need to spread our investment, entering at the appropriate price.

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2024-04-28 18:22 | Report Abuse

Thong is big taukeh he already millionaire, maybe billionaire, he will eventually privatize Insas cheaply.

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2024-04-28 18:18 | Report Abuse

A couple of years ago from time to time MAA did some share buy back, hopefully they will resume doing so now that there's cash in the bank.

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2024-04-28 18:13 | Report Abuse

Must know when to exit the stock market, you can't hold a share for too long.

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2024-04-28 18:11 | Report Abuse

Long ago before the privatization attempt MAA paid generous regular dividend plus occasional big special dividend. Things turn sore after the failed privatisation.

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2024-04-28 18:09 | Report Abuse

Probably will be at a lower offer price.

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2024-04-28 18:06 | Report Abuse

I dare to risk my whole savings of RM60,000 in the 1990s.

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2024-04-28 18:03 | Report Abuse

Some people are born rich and they already have a few hundred thousand ringgits to start investing. My seed money investing in the 1990s was merely RM60,000 , my whole savings.

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2024-04-28 17:57 | Report Abuse

When I am 70 I will be totally out of the stock market. Until then I will torment Leno, 60 ringgit coming.

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2024-04-28 17:56 | Report Abuse

Today I invest in the stock market for pocket money only.