Truths Half Truths & Deceptions

Dystopian

Stocks Shares & Markets


Yong Tai Falling Knife Can Happen To Anyone.

Sometimes the fate of a stock's price is more dependent on the short term dynamics of the derating catalyst that sparked off a sell-off than fundamentals. It is at times like this that investors really need to pay special attention to whether the technicals at play will overwhelm buyers who defend hold positions by clinging on to fundamentals of...

Apex Not A Mercurial Deal Unless Land Bank Monetization Happens

If you have seen and read this news regarding Apex Equity Holdings (5088) bear in mind that the semantics about the rally is a little overcooked from a volume perspective. By my definition, a rally isn't a strong one unless it is accompanied by broad base buying, which we didn't see much of yesterday. A price jump on 370,3000 units is probably s...

Crisis Investing 101

This headline news in Bloomberg this morning makes perfect sense. I am pretty sure most of us would instantly relate to the advice given. While JPMorgan sees a full frontal assault on asset prices due to the trade war, it does not discount a rebound due to oversold prices, underweighted positions etc. For me, it is the contrarian half that holds...

Trump In More Shit

Thought the post this morning on the US President's past tax dodges deserves an update. I am only now getting time to read more about NYT's investigations - 100,000 pages of records - uncovering some stunning and explosive truths about how Trump lied to evade paying taxes. https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-t...

What If Trump Is Gone?

Here's a thought. What if the headwinds that Trump has been whipping up on markets suddenly died down because he loses in next month's midterms? What would the investing landscape look like? How would markets react and what does one buy?   This surely must be the upside risk to the market? After all, he has been the primary reason - the numero u...

PUC Moving Closer To An Upturn

Here is a snapshot of what caught my attention in the media yesterday morning. PUC (0007). Last year's hero but one of this year's lemons. I won't delve too much into its past since what happened is easily available from the usual go to spots. For your convenience and to jog your memory, the chart below more or less sums up what happened in the...

Scomi H(ts)e Is On The Move

Heads Up! My last post on Scomi (7158) with a caveat to mind the headwinds - negative earnings. That did happen. Price tanked and fell to a low of 5 sen. I called it at 8 saying it is worth a punt but to mind the headwinds.      https://blog.huskyintel.com/scomi-a-distressed-counter But it is back, trending up very nicely since on light volume...

RHBBank A Post DSNR Scenario

Here is a devilish thought on a post-DSNR (Datuk Seri Nazir Razak) CIMB's M&A ambitions. In the 'Banking Consolidation 2.0 ' landscape/scenario that I posited recently, I wonder if a new chair-person at the helm of CIMB would revisit a takeover/merger with RHB Bank and MBSB?  Food for thought. Let's assume that the real reason why CIMB/DSNR ...

CIMB No Major Knee Jerk Reaction Expected

Whoever the replacement for Datuk Seri Nazir Razak in CIMB, it sure won't be easy for the replacee to hold a candle to this one heck of a banker. There are no hints whatsoever at this stage as to who would fill the position. Let's hope for all shareholders sake that the replacement won't be a political appointee or worse a retired politician who...

DRBHcom 5,000 Promising But Not Enough

Again, I spoke too soon. Last Thursday I wondered what sort of numbers DRBHcom's (1619) Proton would report on its Geely rebadged Boyue called X70. Is 5,000 a game-changer number for Proton X70? Against the MyVI 20,000 - 30,000 in its first month, I would say 'No' even if the two are in two different segments of the market. Against what DRBHcom ...