Miracle Streak : Timberwell scores a HAT3rick close to the Takeover price! {10th Mar '26}

 

Thanks to a trio of sales of takeover target Timberwell, the latest being a half cent short of the buyout offer, the indefatigable run comes within striking distance of a fourteenth century!

Miracle Streak : For the 2nd time this month, the escalating Middle East conflict produces a Marathon continuation in a pair of contributors! {9th Mar '26}

 

An apt day to look for silver linings amid the smoke & fire-darkened world: Petronas Chemicals leaps 26% in the opening minutes & I grab the opportunity to hive off some for a 6% return [& a 52% return on the latest entry] while #31 Petron M'sia is likewise sold again at a higher price to jointly extend the record... PetChem last contributed when it was partially sold at a lofty $7.57 in October 2023 & today's exit price is symbolically 1% above the $5.156 original entry price of shares held from '15 till '21 when it was finally disposed at $7.27.

Very appreciative of the Financial Freedom income exceeding $330,000 in the current ongoing Marathon!

 The realized stock profits from Malaysia, Singapore, Hong Kong, the US & Japan have reached $331,212.77 since July 29th 2020, a week after the new Middle Eastern war was unleashed by a pair of power-hungry despots, as the consecutive day count reaches 1,393 successive days, over TRIPLE the previous high attained in 2017-2018 ! Additionally, the tally since 2013 has reached $762,346.74.

This more than offsets the significant paper losses on the majority of holdings listed locally.

Miracle Streak : Despite the escalating Middle East war, Bonia bags another record ! {6th Mar '26}

 Luxury leather goods maker Bonia bags its first win in nearly 4 years when a re-entry @ 1/3 the last SOLD price 2 days ago is hived to preserve capital amid what is likely a more prolonged Middle Eastern war than anticipated. Thus the marathon mozies ahead!!!

Miracle Streak :Aigan愛眼, the 7th🎌in '26 & 120th🎌 since '17 finally delivers ! {5th Mar '26}

 

Straight days of amazing synchronicity! One half of the poor re-investment from a Toshiba takeover jackpot in '19 is extricated from, thanks to averaging downeyewear stock Aigan 愛眼, pared @ the 2nd highest price, mirroring a near-perfect sale of Petron M'sia yesterday & symbolically sold 2 ticks higher than the 1st poor entry many moons ago ; also overtaking '18,'19 & '22's entire snatchings from Japan! & 5x '20's!

Miracle Streak : After surviving despite the Middle East conflagration , today the streak continues because of it ! {4th Mar '26}

 

In an echo of the Ukraine war 4 years ago, Petron M'sia leaps with crude oil prices, enabling a paring of shares bought expensively in '24 to deliver for 4 of the last 5 years, only skipping '25 & adding to the thirteen rounds won in those years, enhancing generous dividend yields while fueling the record!

Miracle Streak : As Middle East violence escalates, Bursa M'sia contributes twice within a week! {3rd Mar '26}

 

On the penultimate trading day of Feb & again today, Bursa M'sia delivers after nabbing 3 dividends since the latest re-entry as the miracle run continues to cruise through the latest senseless violence in the area between Africa & India...

Miracle Streak : Petra Energy returns after 17 months to contribute to the Record 357 straight days later ! {2nd Mar '26}

 

As crude oil jumps 9% on the outbreak of violence in the Middle East, the opportunity to re-EXIT buoyant shares of loss-making Petra Energy is taken, after wins in '24, '22 & '19 to carry the streak into consecutive month #68!

🎌 Stock Focus : Orient Corpオリコ [8585] & others

 

The above car loans issuer is interesting to me as an activist fund has been accumulating shares from first crossing the 5% threshold [8,986,800] on 1st July '25 till its stake reached 10.77% [18,505,000] on 10th Feb '26. The record EPS was way back in '82 [ top snapshot ], which, adjusted for 2 reverse share-splits, is 14x the forecast FY '26 figure of  ¥70.1. Surprisingly, former 16% holder Itochu has cut its stake to below 5% while banking giant Mizuho has remained its major holder with over 48% for more than a decade. 

The stock is about 16% undervalued if a direct comparison of the '82 EPS relative to stock price with the forecast '26 EPS relative to today's price is made. However,  yen rates were over 7% back then compared to the 0.5% now so such an analogy is probably erroneous. What probably does support buying it now is that the 3Q profit progress rate of 94% versus the previous 2 years' figures of 68.5% & 62.3% respectively. Capital adequacy has also advanced two % points to 8.2% this year while dividend yield is a respectable 3.4%. 

Due to massive losses of over (¥89), (¥17) & (¥102 billion) in financial years '01-'03, book value fell below zero, going from (¥54) in '05 to (¥543) in '07,clawing back to  (¥136) in '12 & turning +ve to ¥781 by '15. Dividends were halted for many years, resuming only briefly in '06 at 75% of this year's payout & then again at 50% of March's quantum in '17, '18 & '19 and then increasing to the '06 level from '20 till '22 before reaching this year's level from '23 onwards. Its stock has barely doubled from the 2010 low of ¥52 despite the earnings almost doubling since 2013. Of course, it rocketed by almost 5-fold anticipating a jump in EPS to ¥330 the following year, which itself is nearly 5x [4.7] the forecast '26 earnings per share. Market cap has been on a long erosion course since that price peak of ¥4,720 in May 

'13 till the '25 low of ¥654 which sort of qualifies it as a long double-bottom pattern spanning 2010-2025. Despite heavy resistance at the  ¥1,700 to ¥1,800 band in the medium term, technically the stock could rise to the first Fibronacci target of  around ¥2,200 within the next 2 years due to a spillover from the bullishness surrounding finance-related stocks. 

Futaba Corp [below] is an interesting high conviction buy call due to :

1. It's forecast turnaround to profit that implies a P/E of below 17

2. A likely outperformance in the upcoming quarter given its low loss base last year

3. +ve FCF & operating CF last year

4. A long downtrend that resulted in a likely '23-'25 'saucer bottom' will likely target its '12 low of  ¥822 given the spillover of the Nikkei's record run to cheaper stocks

5. Zero debt & high capital adequacy of over 75% despite recent persistent operating losses. 

Curiously, Sakai Heavy's 酒井重工業 turnover forecast for '26 is only double the sales in 1978! Of course, the high that year was also 13.8% higher than the current price while latest forecast net profit is 3.33x the level in 1978 & dividend is nearly 4x the earlier quantum.

I bought it for the dividend yield of 4.7% before the Trumpanic of '25 & the relative bargain after a 38% correction from the '24 peak, which anticipated the 2nd highest annual EPS of  ¥287.4 finalized in March of that year. Naturally, the price declined -52% by Apr '25 as the EPS fell 41% as announced in May '25 & is forecast to fall further -38% by May '26. Both free cashflow & operating cashflow have remained +ve for the last 3 consecutive years.

With the Nikkei 39% higher than when the tractor maker's equities hit their two-year high, I am expecting the stock to revisit the ¥2,800-3,000 level with the next quarter perhaps likely to show an improvement from a low base of a small loss, coupled with the anticipated portfolio rebalancing towards small cap Japanese stocks as the main stock index accelerates its climb towards nosebleed levels.