EQUITYOPPORTUNITY

Monday, September 02, 2024

The Record Marathon WIN streak : Record Month Afterglow! [1 Sep till 30 Sep 2020]

 Fresh off the BEST month of all time, after the Monday holiday & stepping into a new month, Tuesday saw a hat3rick of IJM, IQ Group & a 12th sale of AHB, closest to the 40.5c peak with 300 shares getting OUT @ 40c, followed during the next 3 days by Emico & an Astral Asia / TASCO duo & rounding out that week with an Emico / Hosen[S'pore] double:

An interesting point is that, over the long weekend, typical old-fashioned M'sian scam-ology was employed where a news article was planted with fake news about AHB's grand plan to manufacture 'medical pods' to cater to pandemic-related demand, a plan which never materialized!

The next week witnessed more hat3ricks as the animal spirits were still very bubbling though it was bracketed by single wins in Boustead Plantations [7 Sep] & Kossan [11 Sep] while my prescient paring of big winner AHB continued:
The week's highlight was the quartet of SYF, Symphony Life, WMG & AHB on Tuesday 8 Sep.

As the market cooled off in earnest after syndicates began abandoning worthless junk shares & distributing their stock, the number of consecutive days with multiple winners declined, yet the next week saw another hat3rick of Hexza & Hiap Tek & AHB, the last of these contributing for 2 more days[ 15-17th] straddling the M'sia Day holiday, on Thursday jointly with Iskandar Waterfront City while syndicate-ramped Able Group rounded out that week :
 
The following week saw single stock contributions except for Wed 23rd Sep when Sinmah Capital paired with AHB to clinch 37 successive days. Japan contri
buted on Thu 24th Sep with an escape from Janome Sewing Machine shares at ¥606 after their purchase at ¥412 in Dec '19, the 1st SECOND Japanese win in my short history investing there ['17: bought ¥765, sold ¥894.5], with VS Industry rounding off Friday as the 116th winner of 2020:
The final week of September saw one last hat3rick on the 29th [ MESB, Sinmah Capital & Kamdar ], flanked on the 28th by Wong Engineering which was sold after 20 months & MESB on the last Sep day, a little prematurely as it turned out!
As a result of the the diminution of the animal spirits from widespread post-Covid recovery euphoria, Sep earnings, though still impressive, saw a 66% plunge from Aug's exuberant record.

*Next: A wary October with US elections looming

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