MPs should be looking at nationalizing the private hospitals if they cannot control their fees ... the private medical system is a necessary part of the Malaysian health care system. By gradually merging some of the private hospitals into the government network, maybe the entire health system will improve like some of the overseas countries and make health care more affordable to the masses. Right now, we have 2 different system, one for the rich, the other for the rest who can't afford private hospitals and relies on insurance to continue to give them access. MPs should listen to the people and not promote private hospital interests!

The netizen who complained his premium went up from 200 to 300 ... what if he gets hit with a 10,000 claim, who will pay for that? Nobody cares that you boycott. You care when you don't have the insurance to cover the difference between 300 saved vs 10,000. it is not worth it.

The root cause is the RM10,000 private hospital bill. And that is squarely in private hospital control. 100%. Hospitals don't care what patients and what insurance companies think - they will just keep charging 10,000 and then raise that very high every year to make profits. The Ministry of Health and the MPs should look into private hospitals bills!

Boycott doesn't work because it hurts the policy owners more.
As the insured, I need the private medical insurance.
If I get hit with another RM50k medical bill, and if I don't have insurance, who will pay for that?

Insurance is a necessity for someone like me. I may have to look for ways to reduce the medical premiums.
But the root cause is the private hospitals charging exhorbitant and fast rising costs ...

7 years ago, when I didn't have insurance and undergo a kidney stone treatment, the private hospital charged me RM7k for the entire treatment.

Recently, I had to go for treatment again as kidney stones are recurring but this time, I have employer insurance and it is crazy that the same doctor, the same hospital attitude changes when I have insurance. I had more tests done because it is important to know precisely. I was presented with more treatment options including the latest developments in medical research (they cost more of course). I had a really nice stay overall. Total bill for the same condition is RM33k!

With private medical insurance, I was the beneficiary as I didn't have to pay a single sen. But from RM7k to RM33k??? Who bears this cost? My insurance premium did not really increase, save for one year but I was told it is normal as you got older. I obviously profited from insurance hugely as my premiums are a tiny fraction of the RM33k.

How can insurance companies survive this sort of increase without raising premiums?

But who caused this increase in the first place? Remember - same condition, same doctor, same hospital ...

IMHO, the government should have a broader mind and focus to improve access and quality of government hospitals.

Then this reduces the dependency on private hospitals and reduces the need for private medical insurance.

The trouble today is that the mass wants private medical treatment, and the opportunistic hospitals want greater profits and the insurance companies are nice sources of hospital revenues to boost the hospital profits and/or pay their shareholders, vendors, doctors, staff and others more! The insurance companies are caught in the middle, it's obvious insurers don't like higher premiums because their customers don't like it but what can they do if these private hospitals keep charging more and more?

PS. I just remembered that my IB account still have 15 min delayed quote. LOL. So, if you think you need the best and most up to date ticker updates to make +17% portfolio returns in 1.5 months, you really don't. 15 min delayed quotes doesn't matter if you are not doing Day Trading and your time-frames are longer than a few days.

MAXIS has been downtrending, but is not too bad a business. I bought the lows and now sits at a profitable position that exceeded my modest target to make 9% per annum CAGR returns. However, I am committed to divest 40% of my peak local Bursa position from now till FYE 2025. It's a tough choice, but MAXIS made the cut.
I blogged about it here.
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-10-02-story-h470196685-MAXIS_will_it_hit_4_18_4_23_this_month_to_take_me_out

TAANN has been good and I think is still a very decent business on the verge of breakout.
However, I am committed to divesting 40% of my local Bursa position from now till FYE 2025.
It's a tough choice, but thank-you TAANN!

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-10-02-story-h470196663-TAANN_Thank_you_for_26_per_annum_returns.

I just saw that HLBANK is near all time highs ... I own the bank. The question is - should you sell?

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-26-story-h470075320-HLBANK_near_all_time_highs_should_you_sell.

As you know by now, as long as the bank's business model remains intact (no reason why not) and as long as the bull market continues to hold (no reason why not), I will continue to hold.

If this holds till FYE2025-26, I will not be surprised if HLBANK reaches RM30.

Usual disclaimers apply.

https://theedgemalaysia.com/node/727957

Thanks. Let's hope CAPITALA will soar higher in the future ...

I followed my charts. Sold 32% of my CAPITALA holdings between 92-92.5 sen for +40% gross returns in less than a year. Keeping 68% for higher prices. Chart says go decent chance, slightly better than 50/50 chance for higher prices, hence, keeping 68%. Let's see. Thank-you Mr Market!

That's 40% gross returns in less than a year. Thank-you Mr Market.

Beautiful indeed. The 10 year downtrend line resistance that I drew point to around 92-93 sen and I sold 32% of my holdings near there, and keeping 68% of my holdings for higher prices. Thank-you Mr Market!

Engineering Profit writing is too sophisticated for ordinary Malaysians.
1. He needs to write multi-lingual, not just English. Using English will alienate vast majority of the population and voters.
2. He needs to write in simple language like Standard 3 level. Using words like "transformative", "progressive", etc. is too difficult for most people to bother reading.
3. He needs to appeal to the heart and emotions than intellect. Sadly, that's the average Malaysian voter decision making framework. They vote more with their hearts than brains and money touches more hearts than just words.
4. Physical is 100 times more effective than the written words. Written words are ignored.

This post will not change anything in Malaysian politics. Zero impact.

"I can only hope one day people like EngineeringProfit will become our PM and Ministers"

Sadly, there is zero hope. This is because if you need to spend say RM20 per voter to convince them of Mr X, and if you need 10 million voters, that will cost you RM200 million. And Malaysian voters won't just accept RM20 ... that is too little.

Hence the well known veteran politicians (you know who they are) have a HUGE ADVANTAGE to be reelected in the next GE.

That is just a sad fact of life - I'm sure of this, just like I'm sure of 1+1 = 2. You will never, never see a Malaysian PM to come from a dark horse / unknown in Malaysia. And I don't know who is Engineering Profit and many don't know who is Siti Kasim. I can give bets 100 to 1 that neither will become PM in the next GE for sure. Let me know if you like to make that bet.

It makes zero difference to the election outcome even if 99% of i3investor users know who is Siti Kasim or support her. The numbers here are far too small, relative to the total Malaysian voters. Far too many Malaysians don't know about i3investor.

"In the next general election, Malaysians will have a unique and transformative opportunity by voting for the third block, led by Siti Kasim" ....

Sorry. 99% of Malaysians still do not know why they should vote her or who she really is.

It is a sad fact of Malaysian life that as soon as you belong to the lawyer profession, 98% of public doesn't know you and if you dye your hair in blonde colour and don't wear a tudung, the vast majority don't listen to you.

It's too late for Malaysia to change the political scene.

I don't normally show the 10 week EMA curve but show this here as it is a proxy to the 50-day EMA, a popular technical indicator used by many chart traders. There are many different uses, one of my favorite is to see if the slope is "curving upwards" or not. If it is sloping upwards then, decent chance that the bearish mood is shifting. However, one really doesn't need this indicator at all - just a glance at the price action shows the bearish mood is shifting.

Don't get me wrong - CAPITALA fundamentals are ugly. The huge current liabilities exceeding current assets is worrying. But the problem with announced and published information is that they tend to be lagging - you won't know if there is a fundamental development happening that is not announced yet. Whereas price action leaves a trail of the outcome between buyers and sellers. Still, price action is not full proof and is fickled, especially in a small market like Bursa where even smaller whales can influence, hence the outcome of trading will always remain uncertain.

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-22-story-h469306807-CAPITALA_will_it_just_touch_or_breakout

I have a small trading position in CAPITALA. The question this week is - will it touch the red line, or will it close strongly above the red line with a breakout?

Good luck traders!

Interests in RAPID has quietened the past 2-3 months since peak in June.
It appears to be showing a potential trade triangle setup.
I'm not likely to take this text book setup but a different setup.
I blog and shared my thoughts here. https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-21-story-h469301783-RAPID_Breakout_or_Breakdown_first.

As usual, you are fully responsible for your own trading and investing decisions.

Lol. Insufficient. Too simplistic.

The names of major shareholder per se does not carry any material edge - their activities are fully disclosed and it's all known information.

Stay sensible!

Here's how I am positioning myself in HEKTAR. https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-13-story-h469068473-HEKTAR_KYS_Catalyst

I totally agree with the use of the most advanced technology. Digital certificates can be issued in less than 1 second. Issue them! To everyone!

So, 23 days to certify is 22 days too long. One day max. In the spot. FREE!

When it is given FREE and FAST, you do not give JAKIM more power on F&B. When EVERYONE have it, it ceases to be of value.

But don’t make it SLOW and COSTLY! The poor Muslim F&B trader won’t survive!

If you are a Muslim, you must support mandatory halal certification for FREE and FAST. If you are a non Muslim, you must also support mandatory halal certification for FREE and FAST. A Muslim trader MUST take a stand and take a position whether he wants to be a Muslim F&B trader or not. If he doesn’t want, I don’t think anyone will allow him to sell pork and alcohol. Since he can’t sell pork and alcohol just give him that halal certification FREE and FAST and the country can move on to do bigger and better things.

However if it is NOT FREE, then I seriously object. They must make the certification FREE and FAST. Then when every Muslim F&B trader have it, nobody gives a damn anymore. Case closed!

F&B operators are either halal or non halal. Mandatory halal certification for Muslim F&B traders - if given free - doesn’t come at anyone else expense except for those who certify. If a Muslim trader choose to sell non halal F&B, I think many will have serious problems with that. So I see no problem to make it mandatory to Muslim F&B operators only if the certification is given for FREE and doesn’t disturb the Muslim traders. There is no “At the expense of others”.

I believe they should insist that Halal certification be provided free.
After all, why should the country protect the halal certifiers at the expense of the poor Malay retailers?
I totally support mandatory on the condition that it is given for free.
But if it's not free, then, why should the country protect only a few certifiers?
I rather protect the huge group of poor Malay retailers.

Teresa Kok and DAP should not have commented.
Instead, they should have advised those more competent to ask for mandatory certification to be made free.
However, if it cannot be made free, then what do you do with the poor retailers?
I am okay if it's free and mandatory.

If it's not free certification, how will the poor afford it?

Why can't it be made free and mandatory?

Not only easier, please make it free.

Restaurants and food companies quality and prices are all Malaysian's concern, regardless of race or religion.
Good that Halal certification now only takes 23 days but how much does it cost the restaurants and food companies? If it's not free, then, it should be up to restaurants and food companies. Otherwise, it becomes mandatory tax and this will end up causing everything to become more expensive for all Malaysians.

If its mandatory tax, then, pay it to IRD rather than specific companies that benefits only a few.

@dam82, thank-you but to be honest, Mr Market is the one to thank. I am just fortuitious - I know neither the precise quantum not timing in advance.

Stop loss is rather personal. For me this is semi investing since the business is profitable, not a bad fundamentals and is owned by Kuok ie a lower price once stablilized or at logical zones is more likely to be an add than a stop. However if I see a better quality opportunity elsewhere then I may swap.

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-04-story-h468201655-CARLSBG_When_will_the_Consolidation_End

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-03-story-h468146875-TECHBND_Another_Trade_with_a_different_system

Hi @Income. "Very few can follow your system". Very true, hence, don't mind publishing it since very few can follow 😁.

"can your system be applied to forex?" I don't trade forex or other highly leveraged instruments.

@raymondroy, this trade is NOT an investment.
It's a different system, I explained it here - https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-09-01-story-h468117019-GENETEC_Why_this_risky_trade.

Hi sniper, I certainly agree there are better investment grade stocks, most of my portfolio are like this. One of the big problems I have with GENETEC is why it didn't guide its earnings better, and explain better why its EPS YoY dropped to 1.32 sen or 42% fall. Instead, it took the lazy approach, and dismiss saying it changed its reporting period to cover 15 months. Investors should rightly sell when the company is so lazy!

And look at the explanation for the lower QoQ. "Revenue of the Group decreased by RM19.0 million or 27.0% to RM51.5 million for the current quarter under review as compared to RM70.5 million recorded in the preceding quarter ended 31 March 2024. The Group recorded a profit before taxation of RM7.6 million, a decrease of RM11.5 million or 60.2% as compared to a profit before taxation of RM19.1 million for the immediate preceding
quarter. The decrease in profit before taxation was mainly due to lower revenue recorded.". ---> That's basically saying the obvious.

And look at the low quality narrative under "Prospect" - "PROSPECT. For the financial period under review, the Group continues to deliver stable performance in a high-interest rate environment and against a moderately soft economic backdrop worldwide.
The Group remains positive but is cautious as we see major industry players in the automotive
industry taking the monitoring approach, primarily caused by policy uncertainty as a result of
the U.S. Presidential election coming November 2024, macroeconomic uncertainties including
inflation and interest rates policies and global geopolitical environment. The Group expect more
certainty in the industry after the U.S. Presidential Election.
As a business, Genetec has weathered various economic cycles since its inception in 1997 and
have always come out stronger. Under the current business environment, our team continues
to be on the ground in our client’s facilities, busy supporting our clients with their improvement
initiatives and new developments, as our clients focuses on improving yields for long term
production efficiency. As a pioneer in specialised automated assembly line manufacturer, our
team is working closely with our clients on conceptualising the manufacturing process, to
automate most of the currently labour-intensive processes. We see huge opportunity when our
clients start to ramp up production to meet demand. Further, retaining and growing our share
of wallet with long-term clients has and continues to remain a priority as we look for opportunity
to broaden our product offering.
At the same time, it remains the Group’s strategy to broaden our clientele base and product
offering. We are always in the lookout for new opportunities in new industries and new markets.
The Group continues to focus on retaining talent – to retain the experience and technical
expertise of our people. The Group recognises that Genetec’s strength lies with our people and
we take this seriously as the Group continue to invest in our people - to train, retain, and reward
our team. "

So, if investors have high fundamental expectations on the stock, I agree they should sell. 😁

The share price has crashed 74% from the high 3 years ago. Clear blood in the streets. Still a falling knife.

Question is has GENETEC business model permanently broken? If not, this could be an opportunity. I think nobody knows the real answer.

But the reward to risk payoffs look good.

So, the logical action is to bet small so that if it doesn't pan out, it doesn't matter, but if it does pan out, then , this one win will offset. The key is small constant bets in similar situations.

The risks are real, the recovery power weaker than say PBBANK or S&P500. For maximum benefits, need to hold out for at least 2-3 years after it finds bottom. Right now still no bottom yet.

I blogged about it here - https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-08-31-story-h468115071-GENETEC_Blood_on_the_Streets.

What a wonderful day for TENAGA investors! I blogged about this here. Enjoy the ride up and good luck!

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-08-31-story-h468109399-TENAGA_Is_it_time_to_sell

@Donator, "ok, buy now 7.65" - what was your trading criteria to enter at 7.65?

You may want to check out Weekly RSI < 30 criteria.

@MOBA my friend, love your comment "As I’ve expected, BAT stock price has dropped quite significantly and it could potentially be included in my stock portfolio soon."

I may join you if/when we see Weekly RSI < 30. If not, you go ahead without me ... LOL!

@engineering, you are probably correct that it's the strongest bear in Bursa ... not sure if 7.00 yet but stalking. The 1.618 Fibonacci extension points to 7.35 but the Weekly RSI is not yet below 30, so, no trigger for me yet.

The Weekly RSI < 30 criteria misses many bottoms but if we are a professional trader, it's 100% perfectly okay to miss the bottom.