At last! Got a dividend 2 pay me for waiting so long =)

Vol already 12.9 mil. Higher than the vol on the day the SCR was announced in '19.

Indicate opening @ 1.19 ...20c up fr yesterday's close =D

I've seen it so often in my 27 years in the markets...I totally distrust big buy orders v sell orders, esp in speculative shares becos it's usually FAKE & presages a FALL!

Humans are funny. Ppl with more $ than common sense ganged up in 2019 to accumulate the stock @ 1.01-1.07 agitating for the company to raise its takeover offer.

Then after they achieved their objective, price crashed making it so much cheaper than the 1.10 they claimed was 'too cheap' & these hypocrites didn't even average down a single share!

Too late now =)

Bursa is a toothless tiger...that's why such things can happen here! LOL!!!

Who said yesterday that warrant was cheap? Now cheaper lol!

Still holding two lots...

Long tail candlestick...Sayonara !

Bought OCB. Recommended 2 clients.

Fake buyup in Feb only 2 dispose in Mar...sampah...lol

Reminds me of a stock long ago called China Automobile Parts...I memorably escaped every share in that co. @ 49.48c in 2015 lol

When ConYewYeen is active...many cheats & lowlifes are also prowling...=)

Sneaky SNEAKY!!! All who chase 'trend' all kana s a i...lol

SOLD half my SMI @ 26-27c

dompeilee Bought SMI @ 17.5 this morning
19/10/2020 10:22 AM

Bought MORE SMI @ 18c this afternoon
04/03/2021 4:09 PM

=D

Dow dropped 308 points. 80c coming...

Fortunately I disposed the rest @ above 70c last wk =)

UnkleCon already weakened after being hantam-ed in JAKS, Dayang, Sendai & Supermx....his AT profits only a small fraction of his losses in those counters... still got ppl listening to that old buzzard?lol

UnkleCon already weakened after being hantam-ed in JAKS, Dayang, Sendai & Supermx....his AT profits only a small fraction of his losses in those counters... still got ppl listening to that old buzzard?lol

dompeilee Too many comments & too big a crowd on a stock's thread makes me nervous...witness KPS, Dataprep & Dominan.

Could be a lot of hamtam-type gamblers in the stock.
22/03/2021 3:29 PM

^^^
Not too far off the mark...

38 regular buy orders, whether including odd lots or not(prob only a handful)

Fortunately, I did take some short-term gains eg selling 1/7 @ 7.43 in Feb 2019 & numerous contra gains that pay me 'interest' to hold for 10 years if necessary.

Last wk, I finally got down to the tedious task of accounting for all the cash I spent on this counter.

There were 38 buy orders dating back to Oct 2018.

Everybody's holdings are small relative to Lim Kok Tahi's stake...it's all relative.

SOLD 38% of my remaining CYL @ 82.5-83.5c

@ DestinyL There are a lot of big liars...not just in Genting thread but many others...I guess they have nothing better 2 do, or are serving the sindikets' agenda( AT, Technax, DNEX etc etc )

Most I don't take seriously coz there's no proof they bought at those prices, just baseless claims.

Of course, I buy odd lots! If it lowers my average buy price for the day why not?

I'm not referring 2 any particular person...just in general.

Maybe all are KYY wannabes....hantam then promote kuat kuat & sell for quick profits lol

Drop 10-20c all already vanish like rabbits into hats...how 2 be long-term investor like that? LOL!

The ones yapping incessantly about how much they're making sudah pergi mana?

All dumped already ah? lol

Thank God for my Nomura! Up another 2% today after breaching ¥700 in defiance of the Nikkei's 617 point DROP yesterday...Makes up for the disappointment in Lim Kok Tahi's Genting =)

Too many comments & too big a crowd on a stock's thread makes me nervous...witness KPS, Dataprep & Dominan.

Could be a lot of hamtam-type gamblers in the stock.

Con Jew Yeeeen....bring ppl to horlan horlan hoRLAN LOL!!!

Thanks for allowing me to ESCAPE my last trapped shares @ 1.23, though =D

Con Jew Yeeeen....bring ppl to horlan horlan hoRLAN LOL!!!

Crude price plunging...Asian mkts plunging...but MHB still green =)

Bought PAOS...recommended to enhanced subscriber clients last week.

I hope Genting moves like Nomura, now trading another 1% higher 13 mins into the open, breaching the ¥ 700 mark for the first time since Jan '18 & up ¥ 109 on my entry price =)

Coincidentally, they both have roughly the same no. of outstanding shares....3.8 billion tickets

For sure, after a rise of 80% in just 5 mths, many ppl are shorting, convinced that it's gone up 'too far'....just like many Japanese online are saying they're shorting the Nikkei even before it reached 30,000 because it's illogical that the index is so disconnected from the economy which is still very bad.

Problem is : The markets can stay irrational longer than you can stay solvent.

Thx Mr Choi for letting me escape with a gain despite buying b4 the coronacrash! =D

Comparing the two, Genting still has a FY EPS of -26.6c & has not recovered from the craziness of 2020, though trading at a 35.4% discount to NTA while Nomura has a 9m EPS of ¥101 & trading at a 23.5% discount to NTA of ¥913 while optimistic abt its prospects for FY '21.

I was actually so optimistic about brokerages in Japan that I bought not just one but THREE brokerage stocks there...the others being Okasan & Maruhachi. Over here, I sold my Kenanga shares a little early @ 1.46 & am awaiting the payment for my TA shares, but I have gd reasons to believe my Japan brokerage shares will perform admirably at least until August =)

Stocksafeplayer I’d worked for a Japanese top financial group for many years.
Nomura is so much smaller than my ex-employer la.

I only dealt with senior management of Nomura then, not their in-house analysts la.
20/03/2021 2:05 AM

Nomura was worth $90 bil at its peak in 1987 when it was the largest brokerage in the world & the most profitable company in Japan ahead of Toyota.

When I first bought my first shares as the Nikkei was just past its Jan '18 high by 2 weeks, the company mkt cap was $23 bil & I believed the Nikkei could reach 27,600 points. However I was wrong & the Nikkei drifted down & in Sep I bought a larger qty with the market cap at $18.6 bil. After a brief revival, the Nikkei dropped further & eventually the stock bottomed in June '19 with a market cap of under $12 bil.

Even with the current mkt cap of $24 bil, it's still a minnow compared to $500-1000bil giants in the US. That's why I consider it cheap & only when it's much smaller than its competitors is the upside for the share price attractive.

Similiarly, when I averaged down Genting in late 2018, it looked undervalued in the then old normal. But when the Kok Tahi shennanigans with RW Catskills began, it began to consistently underperform GenM as I suspect even longtime funds & holders exited in droves, realising that this family would stoop to raiding the company cash to save their own skins!

However, I was already 'stuck' 48 lots & so the only thing I could do was average down, which I did in late 2019 @ 5.63-5.96 & Feb-Mar '20 @ 4.55-5.37, then a little @ 3.22 in Apr, more from 3.56-4.42 from Jun-Sep...now I am 'stuck' with 105.97 lots, a little cheesed that the less solid GenM shares are already ABOVE their post-Catskills levels while this dog is still somewhat stuck in the mud comparatively.

Nonetheless, I am happy with the continuation of the respectible dividends & when the stock shoots past the fairly valued level in my private calculations, that's when I will exit, which I'm guessing will happen within 2 years.

When I get out from Genting with a nice fat gain, I'm moving most of it to the land of the Nikkei...the uptrend there is much clearer than KLCI.

Gent's buyback of 26 mil shares averaged $8.40! Even the horses' mouth got it way wrong lol

Altho Gent is my most challenging stock(based on the sheer amts I invested), another challenging stock, this time in Japan is now 16% above the price I bought too early in Feb & Sep 2018( it dropped to as low as -45% in June '19).

Same strategy as here: keep averaging down & let the good dividends pay me to wait it out!

The stock's name is NOMURA ! =)

That's why I don't reply to bug gers like that =D

dompeilee Bought CYL @ 51c this morning....recommended to preferred clients on Monday.
24/02/2021 9:27 AM

SOLD 80% of my CYL fr 73-78.5c =)

Hooray! 73.5c high =)

dompeilee History lesson: Lim Kok Ta hi & family bought 19+ mil shares between early Dec '19 & late Jan '20 when the price was between 5.80 & 6.26, BEFORE the coronaCRASH....lol
18/03/2021 3:22 PM

I'm sure many ppl followed them & loaded up in the low sixes...At least I don't have such a huge hurdle to climb as these ppl, thanks to a little averaging down in Mar, June & Sep '20 that ballooned my holdings 5-fold but reduced my cost by 14% =)

History lesson: Lim Kok Ta hi & family bought 19+ mil shares between early Dec '19 & late Jan '20 when the price was between 5.80 & 6.26, BEFORE the coronaCRASH....lol