EQUITYOPPORTUNITY

Saturday, October 26, 2024

Epic Streak : An Old American Bet Pays Off ! [1 Mar till 31 Mar 2024]

 Subur Tiasa, the 17th scalp, opened the new month with a hat3rick sale at the highest price of all 3 rounds on the Friday the 1st, simultaneously wrapping up that week. Tile maker White Horse conjured its own triple on Monday the 4th, scoring 3 years out of the last 4, as #158 of '21, #61 of '22 & the new #27 of '24, shares averaged down to 77.4c in the margin account sold at just over 79c for 886 consecutive days subsequent to receiving a 3c dividend in '22. Elevator builder EITA Resources delivered a gain for the first time ever as the fresh 28th winner with as sale at 94.63c of shares bought at 81.3c for the dividend 3 months prior. #25 Notion VTec was sold a 2nd time at 54c for 888 days in a row on the 6th & then on to a duo of Japanese Nichiwa Sangyo & Theta Edge, the 30th & 29th scalps respectively on the 7th with partial & final exits respectively. Jaya Tiasa assumed the role of #31 on Friday the 8th with a partial sale at what would turn out to be the peak to attain an unbroken chain of 890 days:






New #32 Bina Darulaman, dividend paid, earned over 20% on Monday 11th Mar, then passed the baton back to #31 Jaya Tiasa for a 2nd sale close to 10-year highs before #4 Kossan Rubber was sold a fifth time above $2 on the 13th. Eversendai, almost a hopelessly lost cause with a paper loss of -87% at its worst point in '23, rocketed 90% on the same day on news of a multi-billion ringgit contract in the Middle East & was 2/3 sold into further strength on the 14th as new #33 in tandem with a 3rd partial sale of #31 Jaya Tiasa, then throwing the gauntlet to new #34 Petra Energy [#32 in '22] with a sale at $1.20 to wrap up the week on Friday 15th March:




#32 Bina Darulaman returned again to be hived at a 10% higher price on Monday the 18th to perpetuate the record, relaying it to new #35 Kim Lun, a reclamation contractor, on the 19th for a slight gain on a partial sale. #34 Petra Energy took charge a 2nd time on the 20th with another hiving at $1.29 for 898 consecutive days.#24 Hexza was hived a 2nd time on Thursday the 21st for 899 days before ceding the honours of corralling the 900 day Century mark to a 2nd disposal of #27 White Horse at 83c, neatly wrapping up the week on Friday the 22nd:




The final week of March was dominated by foreign stocks from the US & Japan, as Nepon opened accounts on Monday the 25th with a 9.2% gain 2 months subsequent to entry. General Electric, a 2017 falling knife that was mistakenly caught at just over US$158 but had distributed shares of WABTech in '21 & GE Healthcare in '23 gratis, was partially hived as new #37 for a most improbable, virtually miraculous capital gain at just below $175 on the 26th for 903 days successively. Since the first sale, #19 Tenaga Nasional continued to barrel upwards on a bullish wave of the power-hungry data centre craze & was hived a 4th time on the 27th at just below $11.30. American entertainment giant Walt Disney stepped up to the plate on a local market holiday, on the night of the 28th, to become the 38th scorer with the first of two sales at what would turn out to be right at the peak day, at US$121.646[cost = US$85.99]. #20 Nomura & newest #39 Dutch Lady witnessed the magic dust rubbing off on Friday the 29th: the former was sold down to the last 100 shares at ¥972.7, which was a tiny distance from its 11-year high of  ¥980, the peak of the Abenomics boom in 2013, while the latter saw a miraculously fortuitous nabbing of 100 shares in two mouthfuls in the odd lot market at $29.50 & $29.90 to be then flipped intraday at $30.66 in the board lot market for 39 winners in the ongoing tally, and 905 days & counting in the record run!





0 Comments:

Post a Comment

<< Home