Oh dear. Dayang has displayed some dramatic comeback after a small drop in the morning. Kenanga ignores the fact that Dayang is (still) the cheapest O&G Stock as far as its explosive earning growth is concerned. KYY duly obliges, turning his biggest holding Dayang to crawl back in the day in style.
Exactly the same thing happened in 2015 & 2016, it is like KYY flipping the bird and throwing a pie in Kenanga's face. It sounds familiar. I mean KYY's flagships VS, Liihen & Latitude which stole the show for a period of 3 years of 2015-2017. Please do your own search to find out what Kenanga said about these stocks during that time.
A few weeks ago, it was the critics who claimed Dayang will never be able to challenge Rm1.00 level. These doubting Thomases obviously forgot that KYY has the edge to outperform the market, especially when the stock he selects is in line with the current theme play in the KLSE. Now, many that include fund managers seem surprised by Dayang's market cap swelling on daily basis. They remain sidelines and can only "kam chew chi" or suck finger while watching the money-making opportunity slipping away.
KYY already said he has sold all his Carimin & Hibiscus-Wc to lock in profits. The profits he made are equalling to tens of millions. In his usual style, he pays no attention to what critics have said about him. He's very focus and I bet he can walk away from Dayang with hundred of millions gain in the next few months.
I hope we the small fish can "tumpang" him to make some money.
Thank you uncle K and good luck folks.
https://klse.i3investor.com/blogs/hhe/198308.jsp
