Incredible Streak : A local Jeweler π Sparkles π 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 NestlΓ© 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 Kongπ, 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!
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