EQUITYOPPORTUNITY

Saturday, September 28, 2024

Record Marathon : Darkening War Clouds Threaten the Run in April [1 Apr till 30 Apr 2022]

April Fools' Day sees a duo double with #52 Heveaboard & #56 Rubberex jointly attaining 416 consecutive days, followed by another duo on Monday 4th Apr: MSM, bought carelessly on a gap-down in Feb just above 92c re-sold at 96.5c as new #57 after bagging the dividend & a 2nd sale of long-gestating #38 Oriental. My spirits were low as a housekeeper who was like a sister to me, far closer than my alienating direct 'family' had just left for home after 16 years working in the country. Regardless, Globetronics Technology, averaged down thrice to the $1.40 range, was partially sold on the 5th to bag 58 winners thus far. Keck Seng resumed the strange 'number matching' pattern from the previous month with a sale on the 6th, the 59th scalp reaching 419 successive days:



Japan's pharmaceutical giant Takeda Chemical became winner #60 to attain the 420 day of marathoning on the 7th, the last day of the strange pattern aforementioned, a 3.8% capital gain on top of a ¥90  dividend while becoming the most expensive Tokyo-listed stock ever purchased by me since my foray there five years prior; a title which was to be snatched by advertising giant Dentsu almost 2 years later! #38 Oriental delivered a hat3rick on the 8th with the first sale above $6.30:

White Horse, sold as #158 as it briefly vaulted above 80c in Oct '21, was partially re-sold near to 72c after two re-entries in the mid-60c range for #61 on Monday 11th Apr. YTL REIT, Techna-X, MPHB Capital & T7Global warrants featured for the rest of that week, bringing the consecutive session count to 426 & the stock tally to 64:




OSK Ventures Int'l featured as #65 on Monday 18th April with a partial sale & while the Tuesday religious holiday interrupted the run temporarily, Hwa Tai returned as #66 on the 20th after the previous year's 9 rounds, with a re-entry in Dec & Jan[at between 55c to 70c] bearing fruit with a sale above 70c after Monday's pop as high as 75c. OKA Corp came in as #67 on the 21st with another partial sale in the high 70c range while #38 Oriental, which had last earned a trading gain back in 2013, was sold a 4th time on Friday 22nd Apr for a maiden exit above $7 which was a multi-year high!



Watch retailer Marco Holdings exited finally after nearly 2 years as winner #68 on Monday 25th Apr while UMS Neiken did the same as #69 on the 26th. Oriental stepped in with a 5th helping on the 27th with another partial exit above $7, albeit slightly lower than the previous time. Old shares in #25 Bonia were sold again for the first time since February close to $2.40, while Oriental nabbed a sixth round with another sale to close out the month on the 29th:




 

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