EQUITYOPPORTUNITY

Monday, October 07, 2024

Record Marathon : The Bear Market Touches Bottom for Most Stocks [1 Oct till 31 Oct 2022]

 The new month opens with the 115th scalp of '22, Petronas Dagangan sold within the Friday-Monday timeframe, a 10th round on Petron & a 21st helping from Oriental in succession:



#114 Panasonic (M) & Batu Kawan continue the run with very short-term scalpings, the 2nd in a fortnight for the former & the 1st time ever for the latter & hand the baton over to #26 Pan Malaysian Corp for a 16th time the day after the Muslim prophet's birthday on the 10th, thence to #117 Kein Hing, whose remnant shares are sold for a 70% return in over 5 years:



Perennial contributor PMCorp serves up a 17th helping on 13th Oct, followed by new #118 Hiap Huat Holdings on the 14th & the duo of Ta Ann[#95 x 2] &  #119 Comfort Gloves on Monday 17th Oct, another pair of glove stocks & #120 Adventa with a 2nd round on Comfort on the 18th, followed by a hat3rick on #91 TSH Resources on the 19th: 





A 6th short-term punt on Kuala Lumpur Kepong continues the run, followed by a FIRST EVER gain on  new #121 Westports on Friday 21 Oct. After the Diwali holiday on Monday 24th Oct, #87 PPB Group, #112 Sime Plantations, #38 Oriental[x22], new #122 Teo Guan Lee & newer #123 Kim Teck Cheong keep the marathon alive till the end of a scary & bearish October attaining 557 successive days of trading income:






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