Epic Streak : Naim Rewards 15 Months of Faith [1 Apr till 30 Apr 2024]
Score no.8 Naim surges 6.7% on April Fool's Day & is sold a 2nd time in tandem with only the 2nd sale of Japanese stock Fujisash in nearly 6 years, at ¥101.286 [compared to ¥163.3 on Jun 8th '18] to bag 40 winners & 906 days consecutively. #39 Dutch Lady, whose shares were repurchased a little too early for $29.76 the previous year, was sold a 2nd time a little too early into continued strength at $33.26 on 2nd April & it then handed the reins back to Naim for three consecutive sales for the next 3 days from the 3rd till the 5th from 87c to as high as 94c, closing out the first week of the month at 910 straight days:
Minor property player BCB became the new #41 on Monday the 8th with a 9.4% gain after 3 years, when #19 Tenaga stepped in with a quintet of sales at $11.72 on the 9th. #37 General Electric's latest iteration[GE Aerospace] after its final spinoff of GE Vernova stepped in to perpetuate the run on the 10th with a sale at a forex-adjusted capital gain to reach 913 consecutive days, while the latter then took over on the 11th as the new #43 on the 11th. An early '24 purchase, Soshin Electric received a takeover offer from Taiwanese major shareholder Kamaya Electric five days before it was sold at just ¥1 below said takeover offer for a 38% return in 7 months, and the first ever 3 foreign scorers in a row achievement in my 3 decade career!
Takeover target KUB M'sia assumed the mantle of winner #45 with an exit into a surge at 67c on Monday 15th April, then handed the reins of the marathon back to #25 Notion VTec on the 16th for another sale above 50c. Japanese company Seikoh Giken became the newest scalp[#46] on the 17th with a 41% hike in just over 5 months, in partnership with #8 Naim for a 6th round as it made a big move to crack the $1 barrier for the first time since 2019 to secure 918 consecutive days in the train of gain! Naim hogged the limelight for the next 3 trading days, on Monday the 22nd jointly with #12 OSK for a hat3rick:
IFCA MSC then stepped in as new #47 on Tuesday the 23rd with a partial sale of a 3-year holding at a 19% gain, & then stepped aside for #8 Naim yet again for a tenth round on the 24th above $1. It would feature again on the 26th for an 11th helping but sandwiched in between these rounds was Tokyo-listed Alps Alpine as the 48th score for 11% in 7 months. #7 YTL Corp was sold for an 8th time on the 29th, the first as it surged over $3 to bag 926 days & then handed over to an unfortunately low-priced-in-hindsight yet profitable partial sale of Singaporean insurer Great Eastern for a 6% return in a year after 3 dividends to conclude the month:
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