it is sideways consolidation at 4 to 5 sen range......above 4.5 bullish...selling pressure at 5.5 to 6 sen....plenty of patience and cool headedness is required as average daily spread is a mere 0.5 sen
The deal between the Ismail Sabri government and the opposition to hold off dissolving Parliament expires tomorrow, intensifying chatter about the timing of Malaysia's general election. When will it be called? Are the parties prepared?
Looking forward for an exciting week next week !
Yawn...Mabel so sleepy oledi after a very productive day. This afternoon Mabel was at the Plantation enjoying the beautiful Green. Tonight Fantastic Dinner..
Time to sleep like a baby...
Here's a nice bed time story to all the Brave Supporters ...
Once upon a time there is country name Sebadak. It was ruled by a King named Indera Karing. His favourite passion is cockfighting. Because of that, many people in his country like to waste time gambling with cockfighting.
At the end of the forest, live a poor couple named Pak KPGG and Mak Bursiah. They live in humble house made from Chop lot. One day Pak KPGG wants to try his luck to fight his cocks with the King's cocks. Pak KPGG told his wife to make a shirt out of paper. Because he wanted to be ready quickly, Pak KPGG asked Mak Bursiah to stick the parts for the shirt only.
In the court where the cock was slaughtered, the King saw Si Jutawin, the cockerel belonging to the poor Pak KPGG. The king persuaded Pak KPGG to exchange Si Jutawin which he said to be unlucky with Si Naysayur, his cock. Without thinking long, Pak KPGG agreed. Pak KPGG then mortgaged his hometown to the king with 35 sen as bet money.
The match begins. There were many Supporters for the King and Pak KPGG. Lots of Hu Ha from both sides. Many scary movie scripts was created to badmouth Si Jutawin. Pak KPGG was very happy to see Si Jutawin's fighting with flying colours. He felt like he is already flying into Space.
As expected, Jutawin finally won. Pak KPGG who forgot that Si Jutawin, who was not his, jumped for joy until he did not realize that his paper shirt had been torn. Pak KPGG finally ran home. When he got home, Pak KPGG was scolded by his wife, Mak Bursiah.
Kesian KPGG Supporters...until today badmoth Si Jutawin non stop..
Meanwhile the King Supporters sleep like a baby and live happily ever and after....
The deal between the Ismail Sabri government and the opposition to hold off dissolving Parliament expires tomorrow, intensifying chatter about the timing of Malaysia's general election. When will it be called? Are the parties prepared?
ROS confirm already UMNO can do party election after GE15. This mean UMNO become stronger and stronger because those want election now can just close their bad mouth and UMNO will be seen more united. UMNO decided already to appoint Ismail as PM and Ismail also successfully implement what Rakyat want... Akta Lompat Party. With US FED pointing towards slowing in increase interest rate......ringgit will slowly become stronger and by end of this year ringgit will climb back to its original rate and inflation rate in Malaysia will start to go down which going to affect price of goods and services. So the best time for PM to call for GE15 is in Q4 when there is a feel-good factor.
https://www.malaysiakini.com/news/630278 Even Bersatu says GE15 is around the Corner....Seats distribution Completed. GE15 nearer than you think. They are ready too, Bersatu and PAS will land in MARS soon. Umno might need Anwar to form a Government.
Timing wise, Q4 is also in line with US Presidential Election. The Black Graph represent the average S&P graph during USS election year. This means 2022 is US mid election year.
Meanwhile Oil prices settled up more than $2 a barrel on Friday as attention turned to next week's OPEC+ meeting and dimming expectations that the producer group will imminently boost supply. Brent crude futures contract for September, which expire on Friday, jumped more than $3 a barrel during the session and then pared gains to settle at $110.01 a barrel, up $2.87, or 2.7%.
Looks like timing wise everything is all aligned in Q4 this year for a melt up in Wall Streets and KLCI.
Lately, Mabel has been sharing about her investment in 3 Turnaround Companies, SE, SD and Dnex. Mabel would like to relate these companies with Tesla and the reason why Mabel choose Tesla is because, Tesla does not meet Warren Buffett Selection Criteria of choosing a company to invest. Despite not meeting Warren’s criteria, Tesla is still commanding a Premium Price (at one time it was selling at USD 1,200 per share) Why is that so?
The reason is because Elon Musk bring value to the table. Today we analyse Tesla as a company, Elon Musk as a leader and what are the risk involved investing in tesla. Musk is a perfect case study for someone whose work ethic is fuelled by his passion. He loves what he's doing because he does what he loves. His passion for his work is so intense that it fuels late-night shifts, motivates 80-hour work weeks, and, sleeping under his desk. Musk also listened to his customers and made immediate change. Providing this better customer experience, proven to be a key to Elon Musk's success. His early business success not only gave him the money and resources but also courage and self belief, which later displayed great value for him in achieving success. Another unique feature that has helped Musk become as smart as he is today is his passion for learning. By constantly learning about new topics and using his critical thinking skills, Elon Musk is able to maintain a strong sense of fluid thinking and crystal-clear thinking.
Mabel also did some homework is to Evaluate these 3 companies using Warren Buffett Economic Moat and Risk Analysis Framework..
Usually Mabel used her paid subscription Screener to select companies. For this exercise Mabel is using one of the stock-analysis platform available in the market. It helps Mabel with algorithm calculation to assess a company. What is does it gives a Score number representing the business performance of the company over the last 10 years on a scale from 1 to 10.
The Business Performance includes Earnings, Free Cashflows, Return on Equity, Net Profit Margin, Interest Coverage and Dividends. You can also decide other financial ratios as you please. The higher the score, the better the company. Buffet Business School recommendation is to invest in company which has the scored above 7 to make a viable Business Investment.
Based on this recommendation all the above companies currently does not meet Warren Buffett Requirements. Right now these companies is like Tiger Woods who fail to meet the cut in the recent British Open. Given time it will be a great company.
This is one reason Mabel gives these companies 2-3 years to put their act together. However if you invest in these companies in 2-3 years’ time , you will not get it at current dirt-cheap prices. Hence it’s a balancing act...
agreed, this stock is too heavy to fly, many tech counters rebound faster than this white elephant, only suitable for super long term investor. not even able to stand firmly above 0.82...weak momentum
Yes , other over goreng tech stocks can earn fast money but when it drop also will burn your ass kaw kaw ! Dnex qr np n cash flow is the proof to become rm 4 - 6 soon !
Dnex is doing proper business with future plans , step by step diversify , bringing new business , improve net profits , more n more confident with it ! Rm 4 - 6 still intact !
Taiwan's air space is China's air space. Taiwan belongs to China. Warning already issued by China. Don't be arrogant, just asking to be shot down. What are the US going to do start a world war? Don't think so, can't even do anything about Russia.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
koey
83 posts
Posted by koey > 2022-07-29 09:51 | Report Abuse
green day