Daiwa Securities Purchased just 0.2 yen above the Aug 5th '24 Black Monday low

                                                        

                                                                                                     

   The intra-day low of ¥845.1 will likely be renewed on Monday with the Dow industrials dropping more than 2,200 points Friday, despite my maiden entry being -22% on its 2025 high & -37% down from its 52-week peak, on a prospective 5.1% yield. 

 Discounting from its ¥103.9 peak EPS in 2006 suggests a fair value of  ¥980.5 while a similar comparison with its 2021 EPS produces a fair value of just over ¥840.5. Using the 2000 peak EPS, which is 90% of the latest EPS of ¥84.9 and extrapolating from its Aug 2000 low & its Mar 2001 lows gives us a fair value range of  ¥777.5 to ¥976.5. Six months after it announced a big loss of  (¥98) per share, the stock bottomed at ¥411 and it double-bottomed at around ¥430 five months later in Apr '03, a month before disclosing a much improved (¥4.7) per share for FY '03. The stock rebounded swiftly to a high of ¥995 in Oct '03 and after a -36% drop within 2 months, rebounded back to double-bottomed at around ¥933 exactly a year after the secondary bottom of 2003. After completing a consolidation 'triple bottom' of around ¥640 in Dec '03, Oct '04 & Apr '05, the price discounted the surges in EPS from ¥31.7 to ¥37.5 & beyond ¥100 in 2006 before dropping to ¥67.9 in 2007 & halving to ¥33.7 in '08 before turning red again [ (¥63.2) ] in 2009. Despite '06's peak EPS falling 35% the next year, the stock managed to best its May '06 peak of ¥1,672 by 1 tick in end Feb '07! I aim to sell on such a rebound within the year, or at least a resurgence similar to the 47% rally from its Jan '08 low of  ¥809 to ¥1,187 in June that year. Comparable nadir EPS are (¥62.5) in 1997, (¥43.2) in 1998, (¥32.4) in 1992 &  (¥23.5) in 1995.

Incredible Streak : The 'other' local Jeweler 💍 Sparkles & Takes Charge 💎 of the Streak to attain 1,162 days in a row ! {4th Apr '25}

    Down to my last bits on whatever remains of the handful of profitable stocks, Tomei Consolidated is selected to perpetuate the cherished marathon through the global equities markets' worst day since March 2020 in the year the legend began & re-wrote the old record in July 2022, after two rounds as #54 in 2024. This is the 3rd jeweler to score & contribute to the run after Poh Kong & Tsutsumi 🎌.

   Today, I also put bets down that the current selloff is close to bottoming by buying long-stalked  Daiwa Securities, hoping that it will become my 4th 🎌 securities stock to earn a trading gain, after Maruhachi , Okasan and of course, Nomura !  1,203 in the combined score means it's sandwiched between 26th & 27th Dec '24 as the 4th highest score to date!

 

 

Incredible Streak : Jasa Kita Delivers 6X while Quality Concrete surprisingly exits at a HIGH to breach 1,200 Points ! {3rd Apr '25}

    Markets crashing frighteningly are met with a strange calm within me & two jewelry stocks that are still sitting on paper gains were the front-runners to prolong the record run. However, I got greedy & waited to see if Poh Kong & Tomei  could go beyond $1.09 & $1.84 respectively as they seemed to track the buoyant price of Gold early on. However, they couldn't sustain gains as markets continued to tank & began to drag down the yellow metal itself eventually.        

    Thus, #6 [ & the 77th winner in '24] Jasa Kita had to step in a sixth time with a reluctant partial disposal at 28c less than twenty minutes from the close. However, unbeknownst to me, the random sell order for my last remaining hundred shares in Quality Concrete had been done before noon [ sold at $1.22 after re-entry at 91c last year] due to my day-long outing with relatives and so I finally attain forty winners in '25 on the back of a +34% gross gain, bringing the combined score to 1,201 points, tying with X'mas Eve '24 as 5th best score up to this point in my investing odyssey !

Incredible Streak : A local Jeweler 💎 Sparkles 💍 With a Hattrick ! {2nd Apr '25}

  My prediction of a 78% probable drop in the local index due to the net 300+ point drop in the oldest US equity index over the two day nuisance local holiday was surprisingly proven wrong as the local index rallied +0.85% at the close, though losers handily crushed gainers with a 637-288 margin as recent winners KL Kepong and Nestlé M'sia, both dropped, the former by 1.4% and the latter by 2.2% while other less recent contributors to the enduring record, CIMB , Tenaga Nasional , Petronas Dagangan and CelcomDigi featured in the Top 20 Gainers' list.

  The abovementioned forecast caused me to dispose of just under half my remaining stake in Poh Kong💍, which, as the 13th scalp of '25, corralled the 1,119th & 1,155th links in the unbroken chain of gain dating back to 2020, at the $1.04 open, which proved to be the day's low. Another lot was sold at $1.06 a bit later to ameliorate the bad timing but the undervalued gold-related stock closed up nearly 4% at $1.07 on the tailwind of the yellow metal's stellar over-long-weekend jumped to fresh all-time highs. This intermittent contributor thus secures 116 decades in the ongoing miracle!

    

    The intention set in the morning for a synchronistic day ahead was somewhat fulfilled by the Japanese market going nowhere after several days of weakness after the widespread 28th Mar ex-dividend date as seller dominated action in Tokyo, sending many stocks to 52-week lows & others, like barely-missed-buying at ¥ 2,723 on 13th Mar bellweather stock Toyota tumbled into technical support zones from after last years Black Monday meltdown in August. After lunch, I also fortuitously picked up some money from the floor of a kopitiam that shaved 6% of my frugal food bill for the day! Every cent helps in this crumbly economic environment! Also, for many years now, picking up carelessly-abandoned money has portended windfalls in the stockmarkets !!!

 

   Hence, the combined score leapfrogs over 19th Dec's 1,197 points to become the 7th highest score thus far at 1,199, level with 20th Dec' 24 !!!