Epic Streak : The First Moon Beyond the Millennium! [2 Sep till 30 Sep 2024]
Naim opened accounts in the birthday month of September with a 23rd sale at $1.26 on the 2nd, while takeover target MPHB Capital assumed the 86th winner's slot the next day with a 1/3 sale nine sen below the proposed payout level before #77 Jasa Kita stepped in a 6th time to extend the run on the 4th:
#85 Celcom Digi resumed the run on the 5th with a 2nd sale at $3.71 on ex-dividend day, then handed the baton back to most recent winner MPHB Capital for a 2nd paring at $1.61 for 1,018 successive days coinciding with the most significant birth Anniversary on the 6th! Maiden scorer Sungei Bagan then swooped in for a 7th paring at $5.92 on Monday the 9th, with first-time winner & #82 Public Bank then taking up the slack the next day, followed by new #87 & 3-consecutive-year-hat3ricker APM Automotive & then a 2nd sale of #84 CIMB for $8.26 on the 12th. Odd lots of new 88th scorer Bahvest, bought speculatively & mostly sold in short order the previous year, were fortuitously hived for over 50% more than prices in the board lot market on Friday the 13th:
The very next week witnessed a higher level of excitement as long-coveted Bukit Sembawang debuted after over 30 years of trading markets, as the 89th winner of '24 with a half-paring of shares bought just over S$3.51 in July to secure the once-yearly dividend for a 7% capital gain in less than a quarter. It then ceded the streak to #4 Kossan Rubber for a 6th sale at $2.25 the day after President Biden announced a 50% hike in tariffs on China exports including rubber gloves. The excitement climaxed the next day, 18th September, with a beautifully timed sale of #90 Daiwa Heavy Industries as the Japanese maker of iron castings & enamelled bathtubs echoed the spectacularly miraculous exit at the top on Aug 31st 2023 with a sale at ¥1,747 of shares purchased for ¥1,116 eight months prior. #12 OSK Holdings was mincingly pared a 4th time at $1.58 on the 19th, followed by a 7th sale & complete exit from #65 MUI Properties at 44.5c after I grew impatient waiting for it to hit my original 50c target for the stock, which it eventually exceeded by 1c mere weeks later! Ergo, 1,028 successive days in the marathon!
The following week saw a similar number of foreign winners but opened with a hat3rick sale of Petronas twin towers owner & #23 KLCC Property/REIT on the 23rd, marking the 30 Year Anniversary of my participation in stockmarkets with the first opening of my account in the old Stock Exchange of Singapore on 21st Sep '94! #51 Kuchai stepped in with a twelfth sale at $2.00 of odd lots remaining from a margin account bet at over $1.91 two years prior, shares which were subsequently averaged down to below $1.80, including intervening interest costs, with aggressive purchases early in '24. Japan's Nichiwa Sangyo
日
和産業
then did the honours on the 25th with a complete exit as #30 after debuting much earlier in the year. Resurgent #34 Petra Energy was then disposed after securing the latest dividend on the 26th, while #55 Kerry Properties exited, albeit a little too early, on Friday the 27th to attain an unbroken string of 1,033 days of trading income from stocks!The last day of September, Monday the 30th, witnessed a double win with the nearly complete departure of #19 Tenaga Nasional with an 8th sale of 30 shares in the odd lot market for a significantly higher-than-market price of $15.20! That night, US-listed Alibaba shares earned some moolah 3 years after its Hong Kong-listed shares served up two wins to jointly reach 1,034 days consecutively in the marathon!
And so, the marathon runs to FIFTY consecutive complete months!!!
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