Cash 50million piling up....what is khind going to do with so much of money....

Good companies dont do well in this lousy market..
Willow and Pensonic are perfect examples of that..
Willow PE 10
Pensonic PE 4.5..
Does that make any sense......

Atech up 20sens.....amazing

Disposed millions of shares in Willowglen....profitable willow selling so cheap...i wonder who is buying...

Let it rest...volume already shrinking....once they corner the share...they will move it up..
This is not bad company to keep going lower...kwap sells....kwap can buy back....thats always the case...if they see profits they might sell 1st....then when its cheaper they will buy back.

Dont really see how Anyone can keep selling below ipo..
Major shareholders will support...
Swift Haulage has good potential..RM1.03 is not very far away....lets c
Tends to become aggressive after 4.30pm

Market forces should do the rest...
This ipo was oversubscribed 18times...
Keen interest shown..

Aminvest buying is very aggressive....
Next week...price should return above RM1....
But happens after that.....will swift start trading at a premium....The last of 30 ipo's this year....
Only 2 below ipo price...Yenher and Swift......lets c..
5 more trading days left....

Aminvest buying is very aggressive....
Next week...price should return above RM1....
But happens after that.....will swift start trading at a premium....The last of 30 ipo's this year....
Only 2 below ipo prive...Yenher and Swift......lets c..

Amazing...game.
Getting more interesting by the day...
Another 6.5sens to the ipo price....lets c

Good closing.....96.5sens

Todays selling...is by retailers...who cannot pick up.
Volume getting smaller....Aminvest sapu so much yesterday....once the selling stops...
Swift will bounce back...bought some at 93sens...
To average my earlier purchase....
Looks Good.......anyone can hold....stay steady..
Makes no sense to follow the herd mentality....sell if the company is bad... but if u cant find a good reason to sell....HOLD if u can....
All the Best.....

Amazing game...same people who threw on the 1st day...can now buy back 10 to 15sens cheaper....in the end the ikan bilis all will burn......

Will bounce back...volume getting smaller...
Once the weak holders are out...swift will come back..
Dont really think it will limit down.....

DIY PE 53.....overvalued
Damn Swift not even trading at fair value...thats how the Malaysian market works.....RM1.20

Panasonic RM29 PE 17.....
Pensonic RM 0.61 PE 4.6... ..
Good stocks are never trading at fair value...

Once...the shares are controlled...then the game will reverse...upwards..
Its been a long time since KWAP took up a stake in a logistic company.........so got to be patient...

When the dust settles...when all those who are able to selll below ipo price....finish selling...
The price will recover.....contra players burn for sure...
Yes its one of the biggest logiatic companies listed...
Selling on the 2nd day already less aggressive...will hold till 1st qtr of next year and c..
Our market generally is still weak.....some big names there...let them support...let them worry...

Atech RM2.00 already.....amazing

Why approve listing price so high...
If really cannot support....why promote..to 9 institutions..
I'm only glad KWAP is there....their style is to corner the share....this kind of stock....need to purchase with holding power....if it drops to somewhere between 92 and 95....will buy some...
But i doubt it will trade red today...lets c
Flood situation will improve gradually....trucks will ride out...Logistics still good....

Should b a good day to retest 60sens tomorrow....

Today got Bursa Announcement.
Oib buys a parcel of land for 36million...

I think can trust PublicInvestment...their research dept fixed a fair value for Swift Logistics @ RM1.16....
So 96sens is super cheap.....

Contra players burn...

Selling continuing..promoters may have gotten blocks cheaper than ipo....
Until they finish selling...price will b under pressure..
A lot of big boys inside...let them worry about price movement....below ipo...they will support..
Must have some holding power.....

Lorry loads of sellers still q ing up to sell...
Who can sell in the red....on the 1st day ?
Millions and millions being dumped....strange..

Such a big issue...yet oversubscribed 18 times....
Profit numbers are good....Public invest placed a fair value of RM1.16.......bought 10k @ 1.04....
Hopefully dont have to wait....too long..

Logistic still a profitable industry...despite Covid...
Selling seems to have stopped.....

Will come back to retest 50sens....just need to be patient...

Will wait patiently..

Khinds profit is so good.....cash piling up....
This useless market just doesnt know how to value a stock.......still feel...khind should eventually trade above RM8

Sell on news mentality will never change....even when its good news....khinds PE is so low....
They rather chase Genetec than Khind.....apalah!!!+

This whole electrical appliances sector is still booming...
Cash money....increasing..

This company just made 14million in profits in 6 months...should go Limit Up.....not sure why its in the red...big boys controlling the price....

So much of money...every 3 months...should be at RM10

Bought some between 1.28 and 1.32....
Looks good...with the railway contracts secured...and billed....this small company may declare a good set of results soon....waiting for the quarterly report....
Lets c

17sens to retest 1.22......Lumber prices moving upwards again....1.10 quite crucial...if can break the 1.10 -1.12...
FlB might surprise us...with a showtime...

Cash pile increasing....
Hidden collector......52 week high 1.22...might be tested..
@ the end of the month......just my 2c prediction.
Dont play contra....

Will add some more....tomorrow.
Better results....month end

Moved some cash to Enra bhd below 84sens....atleast growing a bit....Pensonic investment sleeping for more than a year......
Enra closed at 94 today....recently sold Enra kimia for 50million to Hextar/ Ekopintar....the extra ordinary gain of 20million will soon appear either in this coming qtr or the next....initially from the oil and gas sector...Enra now is diversifying into a new business....trying to get recurring annual income....
Enra also concluded the purchase of some assets..company is bringing in new shareholders issuing 27million Enra shares @ RM1......
From the Sale of Enra Kimia....10million is expected to be paid out to investors in the form of a special dividend..about 7sens....to be declared soon....
Enra recently had its EGM to approve the Enra kimia Sale..
Enra Bhd....formerly known as Preduren Bhd..was taken over by Dato Mazlin and Tan Sri @ RM1.60....at its peak it traded above RM3...Dato Mazkin is also big BOSS at Opcom Bhd......the Board of Directors ( very influential ).....former big bosses from big Oil and Property companies were pulled in to make Enra a STAR....once.
But the OIL CRASH.......broke all that...
Browse through Bursa Announcement.....and u will c....Chua Ming Huat....buying consistently....
Having said all ......Dont play contra...this counter has pulled back sharply several times....
All the Best..

Started buying back.. some

No effect on pensonic milux and fiamma...
So there must be something cooking in Khind..
Go go go.....RM6

As expected...its back above 20sens...probably rest for awhile.....b4 resuming uptrend

Will fly...next week

Slowly moving up..let it rest at this level.... 2 weeks

Looks good...will buy some next week..

So many small caps issuing bonus issue...
Khind still not so interested

Next week....showtime

With such good earnings...khind is only 4....dissapointing

15srns was a bit overdone....

30 biggest sharehokders have less than 50%....controlled.
The rest about 400million....will take some time to mop up....for the money Asiaply makes...15 to 20sens is the fair value.......unless the penny stocks rally starts again...
It would be tough for Asiaply to go above 20senns in the short term.....