Live Miraculous Streak : Hartalega & CelcomDIGI do a Double Act {5th Dec '24}

 

The 52nd & 85th winners of '24 deliver together on the 5th, the former, a glove major, sold down to just 503 shares to take insurance against a possible double top formation after its first paring by 1,000 shares at $3.705 on 16th May.

 At the open, telco CelcomDIGI, a numerous occasion capital gains & dividend contributor since its debut via a well-timed exit at $5.55 in Sep '15, was pared by 40% on ex-dividend day after a timely re-entry a month prior not far from the year's low made after the company was bypassed for the award of the 5G network. More than 4/10ths of the funds released were immediately re-directed to long-absent Iris & also some shares in Hartalega's fellow glove manufacturer Supermax, lowering the latter's cost & reaching 30,648 shares in total. It presciently bought back 2,888,000 shares after the poor quarterly report days ago.