Foreign fund mgrs love these types of stocks...too bad Aberdeen also chickened out way back in Feb '20.

Someone I know has struck OUT twice this year...on 2 of the hottest stocks in a bearish 2022: Petronm & Orient!

New 7-year HI today pls!

Pile of saiiii lol

16 BILLION shrs outstanding...who will push lol

Bought Alcom for the dividend.

Now the general rule seems to be, whatever you buy, sure die(except my darling Orient)....so buying small is a sound strategy.

Daily chart shows BREAKOUT on the upside. Next resistance is $7.80-$8.00

By almost any & every metric, Oriental is the most fail-safe investment in Bursa, ahead of Maybank, PBB & even the Petronas companies. To have no shares now & wishing you had not sold must be really heartbreaking, when said person claimed to be targetting a dividend income of $4k per mth when he retires(likely forced to retire) at 60 in less than 5 years' time.

He said: 'I'll buy again below $7 or maybe $6'. Today I said: "DREAM ON!!!" lol

Just touched 7.38. 2day I poked fun @ my 'mkt wizard' fren who bought in the $5s & sold ALL in the low $7s LOL

Fresh 52-week record....My 8-year-long FAITH is rewarded!

Any bets on whether it will reach $6 by Friday? Lai lai lai place your chips...lol

Must be some pretty big news to shoot like that & Vol almost hitting a record. Too bad only insider-trading cr@@ks get to buy with confidence.

Limit up is how much? Ehhh...only $6.17.

Looks like 2day's vol will crush the record 90+ mil traded in one day in Nov '20.

28-year veteran instinct & chart observation suggests to me that those who sold just now made a grave error of judgement but I could be wrong.

NO $6 NO SELL! A price last witnessed in Jan '20.

Looks like $6 can be reached within a week. Still quite pathetic considering the 2015 LOW was $6.51 when the KLCI was far lower than it is now.

#insidertrading RWLV to be sold? Hedge funds eyeing a takeover?

Lots of insider trading...No news & yet up >10%. I'm not unhappy becos my portfolio is suddenly inexplicably up $3,300+

Surprised no one throwing to 1c

Whew! Escaped with a tiny profit after buying too high in the low 90s on IPO day =)

Price shld be above $1.50. Why is it below $1.50 with a 30% return otw & NTA of $2.60??

If we're not in a bear mkt now, the price would be easily above $7.50.

In fact I would estimate that >90% of my long entries show a paper loss for up to 2 weeks or longer before the gains eventually come, sometimes taking 7 years(Teo Guan Lee), 8 years(Cepco & Oriental) or even 14 years(Wong Engineering,Woodlan & Uchitec) before I'm able to close the entire position profitably.

Of course, I may be biased agst others' advice to cut losses fast because of my experience of a 34k punt on Sino Hua-an declining until a max. paper loss of 14k but eventually realising 58k of gains. I'm still learning every day & will continued to learn until my last breath in this lifetime.

I'm OK with paper losses. One Japanese stock I bought for ¥1,191 in 2018 dropped to ¥253 last year despite my doing all due diligence but was rescued by Nidec & I finally sold it lately for ¥1,302 after missing the 1st spike to ¥1,346 in Jan. If co. really goes bankrupt then I write off the amount which is easily covered by the realised gains of $40-103k per year since I usually buy small amounts to spread the risk.

Not much compared to some others I know, but OK for one who is still not yet 50.

Even without a salary for the past 14 years, the net gains I made in the stockmarket since 2013 is more than enough to buy an average condo(& many houses in the country, even in KL suburbs) BUT I'll let the property market stagnate or decline further as the latest QE is unwound & when 'blood is on the streets' & firesales are aplenty. Many of my peers & family caught in property loans taken over the last 15 years & don't even have enough spare cash to buy shares!

My Japanese portfolio alone(incl cash of 857k yen) is worth over 100k & dividend income fr '13 - '21 is over 113k.

203k of investible cash is my current reward for conservatism & in a bear mkt like this, where there's a 80% probability that whatever you buy will lose you $ as soon as you buy it, better to be super defensive when buying. Used to own over 200 counters spread over 4 countries but now I've cut that down to well below 200. In Japan, just one lot of 100 shrs costing me $4.5k earned me $6.8k when the co. was taken over last Nov. Managing risk is the #1 priority for a full-time mkt trader like me & buying small is part of that. Also, there was at least one capital gain for me daily, non-stop, going back to Jul 29th 2020. 211 winning counters in 2021 & already 80 this year, with Orient contributing 8x so far. Buying & selling small offsets the frequent sin of buying too early & selling too early.

Nothing wrong with trading small...gives me the chance to average down at a lower price. Trading small actually saved me from the FATE of so many others who committed all their bullets @ one shot & are now STUCK like a p*g in a poke. Also, if I can earn over $50 a day to cover my modest expenses, what is there to complain about? Most ppl are like my friend who bought 4,000 petronm @ 4.50 in Mar then sold one shot @ 6.04, earning 6k BUT missing out on 1.6k extra profit even after petronm tumbled so much.

speakup

@dompeilee, u buy mphbcap?

3 hours ago

I bought my 1st shrs in 2015 & 2016, then sold in 3 rounds in 2017 when the price nudged above $1.70 & then $1.80 @ the highest & out completely @ $1.57 in Jul. Re-entered in 2018 below $1.20 & re-sold part @ $1.40+, averaged down in '20 in the low $1.00+ then re-sold everything in stages last year from $1.50-1.60 & as low as $1.34. Unfortunately, my stakes weren't big so the total gains was only $1,313.29. Today I re-invested 90% of this profit by re-entering this stock yet again...

Scared to pay broker too much in extra commission by selling in batches. Forgone profit far exceeds quantum of extra commission.

My 'mkt wizard' friend already sold all @ 6.04, missed out on extra $1,600 profit.

If it can reach 1.30 at this juncture means dividend has been scrapped...lol

Dec is the likely timeframe for any special div. Most gamblers in this shunned-by-foreigners mkt are too impatient to wait so long.

Oops...sorry...now no gain even lol

Aiyo...such great profit ah....12mil! wow...unfortunately, only up 0.5c lol And NTA has turned -ve as predicted.

Poor price performance for a stock that is about to pay out 45c!

Hold tight tight...not like my petronm friend who hastily sold just above $7...talk like value & dividend investor but turns out to be another action junkie only after fast capital gains.

Blockbuster results!!! Last qtr result ALONE gives it a very reasonable PE of 16 =D Granted the $210 m disposal contributed a big chunk yet the core profit was commendable with plantations offsetting automotive. NOW we know why the price was so steady all this time(insiders accumulating)

Just hold as much as I can & hope to collect as much of the 20c dividend that I can...not an easy thing to resist panicking & running with markets all around so sickly

Oriental just refuses to stay below $7 for very long in spite of awful mkt sentiment! Better hold the most SOLID co. in Bursa =)

Another TURKEY where EPF is stuck heavily in LOL

I have a very long history trading KNM...bought $1.75 in '10, SOLD @ $2.30...repurchased 92c in Jan'12, SOLD @ $1.11 in Feb '12...repurchased 93c in Mar '12, SOLD @ $98.5c in '14....repurchased 31.5c in '17, SOLD @ 36.5c in '19. Have avoided this co. ever since that leesweeeng fella started selling his own stake @ low prices.

My friend who reminded me of the stock's attractiveness @ 4.50-4.60 in Mar(& caused me to quadruple my stake at the time) already bought 4,000 but was too hasty to exit @ 6.04 before the climatic explosion up. Although he earned $6k but I think he's privately fuming that the stock is still way above his exit point lol

I stopped selling since my last sale @ 7.27 a few days ago...still holding 57.9% of my original stake

So many mini-Najibs in this country will likely drag the rate down to at least 3.30 by year end.

Converted sparingly(5.3% of the total) back to RM over the past few mths @ rates ranging from 3.053 to this morning's 3.150(bank bid rate).