Record Marathon : Another Japanese Miracle! [1 Nov till 30 Nov 2023]
#93 LBS Bina delivers a hat3rick to open the new month, then makes way on the 2nd to another miraculous event in Japan : Teraoka Seisakusho, days after receiving a MBO takeover offer & going limit-up two consecutive days prior, is joyfully disposed for ¥3 higher than the ¥564 buyout offer. The stock was first bought months before the Covid crash at ¥499 and then at ¥400 in Mar '21 & finally averaged down at ¥311.67 early in Mar '24, thus providing a nearly 50% return over the 4 years since the first entry after already furnishing ¥9,619.84 in dividends. Pawnshop operator Pappajack supplied the unbroken chain link on 3rd Nov to close out the week while YTL Power continued the marathon with a 4th round on Monday the 6th before handing over to new #110 Telekom M'sia for the 808th consecutive day on the 7th. Penang water supplier PBA Holdings goes limit up on the 8th & is partially sold along that trajectory to bag 111 scalps for '24. Fellow water stock Kumpulan Perangsang S'gor provides a better-timed sale on the 9th after it surged in sympathy the previous day, with the previous wins coming in '20 & '21. #91 & soap maker PAOS's shares rocket almost 60% on the 10th & is sold again, pairing up with 12-time winner YTL to secure 811 days consecutively :
#91 PAOS steps in a 4th time on Thursday 16 Nov, then hands off to new #115 & auto conglomerate Sime Darby for 815 days in a row to close that week before taking the reins once again on Monday 20 Nov as the price corrects below 40c. APM Automotive becomes the newest 116th winner with a partial sale at $2.54 more than a year since the previous one on Tuesday 21 Nov prior to handing the baton to new #117 Uzma for a 7.8% return in less than a month to bag 818 days consecutively on the 22nd. #64 YTL Power is sold a 5th time as it dips below $2.30 on the 23rd before a rare duo of new #118 Hexza, sold at $1, & #91 PAOS, sold a 6th time, team up to end the week on the 24th at 820 in a row:
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