Don't think Abang Jo will say anything this 3pm or else the stock should be suspended today pending important corporate announcement. The most likely statement from him will be: " "if there is no wind, the flag will not flap"

Affin Bank immediate support RM2.25, resistance RM2.69

https://www.tradingview.com/chart/AFFIN/m4eIYk4h-Time-Cycle-Analysis/

It is a simple math logic. If the bullet train project is profitable, why don't the Japanese consortium participate in the bidding?

When institution investors or hedge funds are selling it doesn't mean they are bearish or trying to unload their shareholding. Sometime the selling are trying to test the buying strength of the market.

THE CRUX OF THE PRESENT CONTROVERSY IS WHICH IS BETTER, TO STUDY MATHS & SCIENCE IN BAHASA OR TO STUDY MATHS AND SCIENCE IN ENGLISH?

https://blog.limkitsiang.com/2009/07/17/which-is-better-learning-maths-and-science-in-bahasa-malaysia-or-in-english/

Time Cycle Analysis: MRCB
MRCB above 0.715 is bullish, below 0.715 is bearish. Key date to watch is 24 April 2024. The forecasted trajectory is heading south unless the price action can penetrate 0.715 comfortably.

https://www.tradingview.com/chart/MRCB/wzmkil6b-Time-Cycle-Analysis-MRCB/

Abang Jo: "if there is no wind, the flag will not flap"

Affin Bank immediate support RM2.25, resistance RM2.69

https://www.tradingview.com/chart/AFFIN/m4eIYk4h-Time-Cycle-Analysis/

This article was posted two weeks ago and repost here for easy reference:

Penang's Economic Shift: Concerns Regarding Talent and Emerging Opportunities

Evolving Landscape: Penang's established position as a key investment hub may be facing challenges due to a perceived talent gap in advanced engineering sectors, particularly in areas related to artificial intelligence chip development. This highlights the need for Malaysia to continuously refine its education system to nurture world-class talent capable of navigating complex technological advancements.

Emerging Competitors: Johor and Sarawak are attracting attention as potential alternative investment destinations due to their unique strengths. Johor benefits from its geographical proximity to Singapore, fostering a skilled workforce through knowledge transfer and spillover effects. Sarawak, abundant in renewable energy resources, offers cost-competitive manufacturing opportunities for energy-intensive industries. Investment Considerations: While specific stock recommendations should be treated with caution, UEMS (5148) and Affin Bank (5185) could be seen as potential proxies for exposure to Johor and Sarawak's respective economic prospects. However, thorough due diligence, including valuation analysis and consideration of broader market factors, is essential before making any investment decisions. Future Trends: The potential rise of digital banks presents another interesting avenue for exploration. Close monitoring of players like Boost Bank, backed by RHB and Axiata (6888), might be warranted, though investment decisions should be guided by comprehensive analysis of the digital banking landscape and individual company fundamentals.

https://klse.i3investor.com/web/forum/forum-thread/909170208

KLCI above 1552 is bullish and below 1552 is bearish. The most likely trajectory is heading south. Following the discontinuation of UPSR and PT3 by the Ministry of Education, there is a discernible decline in the commitment of our students towards their academic responsibilities. The absence of these benchmarks has resulted in a lack of effective evaluation tools for assessing students' learning abilities. This concerning trend raises the prospect of a nation destined for failure if not appropriately addressed.

https://www.tradingview.com/chart/FBMKLCI/gGMqXJe6-Time-Cycle-Analysis/

KLCI above 1552 is bullish and below 1552 is bearish. The most likely trajectory is heading south. Following the discontinuation of UPSR and PT3 by the Ministry of Education, there is a discernible decline in the commitment of our students towards their academic responsibilities. The absence of these benchmarks has resulted in a lack of effective evaluation tools for assessing students' learning abilities. This concerning trend raises the prospect of a nation destined for failure if not appropriately addressed.

https://www.tradingview.com/chart/FBMKLCI/gGMqXJe6-Time-Cycle-Analysis/

The political landscape of Malaysia has been dominated by Sarawak. Before the Unity Government (UG) was formed, DAP had to fly to Sarawak and ask for their apologies. When PN was trying to topple or so called Dubai Move, it was Abang Jo who kept UG alive and said NO to PN’s promise for him to become Prime Minister. With this kind of mighty force of political power, it is unlikely that Sarawak will be pleased with a mere 20% stake in Affin Bank. Affin Bank has a hidden gem. Those who can hostile takeover the banking group and spin off AffinHwang Investment Bank will get Affin Bank for free. Just like how Sarawak is running the political show to control the UG, Affin Bank is almost within the pocket of Abang Jo.

Affin Bank is the smallest bank in Malaysia so it is kind of interesting that it has attracted the attention of the Sarawak government. Sarawak is the most powerful state in Malaysia which is asking to increase their parliament seats to more than 30%. With this kind of political ambition it is unlikely that Sarawak will be pleased with only a five percent stake in Affin Banks.

AffinHwang Asset Management was sold to world largest hedge fund CVC and AffinHwang Investment Bank, still owned by Affin Bank. Half of the AI chips produced by Nvidia shipped to Singapore and Singapore is buying Gigawatt of power supplies through undersea cable from Sarawak. When we put together all the information you can see something big is brewing behind the scenes. AffinHwang Investment Bank is the largest stockbroker in Malaysia with an established business network. Sarawak must shift to high gear to accumulate Affin Bank shares in the open market or else someone else will and eventually become a hostile takeover drama.

Sarawak government is buying the banking group not for investment but strategic reasons so any price below NTA will be a good bargain for them. Affin Bank is a small bank but it's Investment Bank is not a small player but a big player in stock market.

Affin Bank above 2.15 is bullish and below 2.15 is bearish. Key dates to watch are around 27 Feb 2024 and 08 May 2024.

https://www.tradingview.com/chart/AFFIN/m4eIYk4h-Time-Cycle-Analysis/

RTS momentum indicator

https://www.tradingview.com/chart/FBMKLCI/hmfZZ20p-RTS-linked-stock-indicator/

UEMS above 0.89 is bullish; below 0.89 is bearish. Key dates to watch 30 Jan 2024, 22 Feb 2024 and 01 March 2024. May the full moon of Thaipusam become a doorway to higher possibilities in your life.

https://www.tradingview.com/chart/UEMS/L9yVo3xu-Time-Cycle-Analysis/

The macroeconomic landscape in Sabah is currently characterized by considerable uncertainty. Notably, 70% of the electricity supply in Sabah is generated by Independent Power Producers (IPP) at a cost of 43 sen, while Sabah Electricity Sdn Bhd (SESB) is retailing it at 34 sen. The dependency on the Federal Government to sustain the electricity supply in Sabah, incurring an annual cost of RM800 million, places the region in a precarious energy situation. Unless a viable long-term solution is identified, Sabah faces the prospect of an enduring energy crisis.

Exploring alternatives, aligning with the model adopted by Singapore to procure wholesale power from Sarawak appears to be a pragmatic option for Sabah. This is particularly compelling given the favorable pricing for consumers in Sarawak, ranging from 18 sen to 31 sen. From an investment standpoint in Sabah's energy sector, Ranhill emerges as a prudent choice. With control over 30% of the power market in Sabah, Ranhill is positioned as a reliable player in navigating the challenges and opportunities within the energy landscape.

“SESB should own a minimum 700 megawatt to address base load ensuring stable supply. It should be a gas combined cycle but more ideally coal. The latter idea is opposed by the people.
“Right now reserve margins is less than 12 per cent and we should hit 30 per cent by the end of the year which would more or less mean stability.
“Currently we have interim solutions for the short term like renting generator sets. But Sabah will be the first in Malaysia to have the Battery Energy Storage System (BESS) capable of storing 100 megawatts to be installed at POIC Lahad Datu,” he said.

https://www.dailyexpress.com.my/news/227093/refusal-by-ipps-force-sesb-to-announce-blackouts/

Mathematics serves as the universal language, while charts act as windows to the future. Time Cycle Analysis (TCA) has been meticulously reverse-engineered, drawing upon widely-accepted indicators like the Fibonacci theory. The accuracy rate of TCA is notably high, hovering around 98%. However, even with such precision, the absence of effective risk management can lead to financial depletion over time.

In a mathematical context, achieving a 51% accuracy rate in your trading system already positions you among top hedge fund managers. This is due to the 1% edge, which, when leveraged over 12 trades annually, translates to a commendable 12% return. The significance of adept risk management cannot be overstated, emphasizing that success in trading extends beyond accuracy rates and encompasses strategic risk mitigation.

Sabah Energy Sdn. Bhd. (SESB), is facing its own set of challenges. The state-owned power utility is reportedly incurring a loss of around 10 sen per unit of electricity supplied due to a tariff mismatch. Consumers in Sabah pay 34 sen per unit, while the actual generation cost stands at a staggering 43 sen per unit, as revealed by SESB's chairman. This paints a picture of a technically insolvent company, raising questions about its ability to attract major investors like JP Morgan to invest in Sabah Energy's sector. Math is the language of universe and chart is the window to the future. JSB trading below 0.81 indicates bear is still in driver seat and above 0.81 bull is trying to regain control.

https://www.tradingview.com/chart/JSB/z2gFEQxr-Time-Cycle-Analysis/

SESB incurred a loss of around 10 sen per unit of electricity supplies as the tariff imposed on consumers in Sabah is at 34 sen per unit, but the generation of power costs 43 sen per unit, The New Straits Times reported.

Math is the language of universe and chart is the window to the future. Trading below 0.81 bear in driver seat and above 0.81 bull is trying to regain control.

https://www.tradingview.com/chart/JSB/z2gFEQxr-Time-Cycle-Analysis/

UEMS above 0.89 is bullish, below 0.89 is bearish. If strong bullish momentum suddenly kicks in, January 29, 2024, will be the resistance day; otherwise, February 20, 2024, under normal trading conditions, will be more likely to happen.

https://www.tradingview.com/chart/UEMS/h8pa5Clr-Time-Cycle-Analysis/

柔新经济特区，天时地利人和。

https://youtu.be/b8KrfrUuNOU?si=DLOSGBN6Lilmm29F

For the benefit of those who don't use tradingview, this is the latest chart reading:-

https://postimg.cc/7JSLqqH7

Johor & Singapore economic zone was actually the brainchild of KJ when Pak Lah was PM.

https://www.youtube.com/watch?v=fOOwEP61dto

Serba Dinamik said they have a customer from Bahrain with sales transaction of USD101m but KPMG cannot find the address of this customer. Fake news and audited accounts can be manipuated. Feeded with faked information, investment analysts can sometime make wrong call. For intraday reading, above 0.99 bull in control of the game, below 0.99 bear will gain more power. For position trader, 1st bull above 0.92, 2nd bull above 0.97. Only chart reading will give you the true picture and tell you the real story behind the wall as math is the language of universe and chart is the window to the future.

Math is the language of universe and chart is the window to the future. This morning bear is trying to take control of the game below 0.95 and above 0.95 the bull is trying to regain control.

UEMS above 0.89 bullish, below 0.89 bearish. Based on chart pattern it should be able to breakout 1.1 around Feb 2024 before or after CNY.

https://www.tradingview.com/chart/UEMS/tkK8LA81-Time-Cycle-Analysis/

Unless we can analyze a company inside out just like Warren Buffet to find out the true value and whether or not the market has mispriced the company otherwise for most people stock market is merely about perception and perception will shape the reality and the reality will shape the perception. George Soros called this as the Theory of Reflexivity.

Stock market is highly efficient. Whether PMX can last 5 years or not the market actions already revealed the answer...

Stock trading is about math, as math is the language of the universe. As a normal person, we don't have the foresight of Warren Buffet with the ability to analyze a company from top to bottom, so as a trader, it is our job to follow their footprint as the trend is your friend.

IWCity 0.87 with NTA 0.8. UEMS 0.94 with NTA 1.34

UEMS highest high 3.28, lowest low 0.18. If 0.91 or 23.6% Fibonacci level can hold, it indicates the beginning of bull cycle. Next target would be 1.36 (38.2%) and then 1.73 (50%).

Every Super Cycle will be led by a King Stock...
https://klse.i3investor.com/web/forum/forum-thread/909170208

Evolving Landscape: Penang's established position as a key investment hub may be facing challenges due to a perceived talent gap in advanced engineering sectors, particularly in areas related to artificial intelligence chip development. This highlights the need for Malaysia to continuously refine its education system to nurture world-class talent capable of navigating complex technological advancements.

Emerging Competitors: Johor and Sarawak are attracting attention as potential alternative investment destinations due to their unique strengths. Johor benefits from its geographical proximity to Singapore, fostering a skilled workforce through knowledge transfer and spillover effects. Sarawak, abundant in renewable energy resources, offers cost-competitive manufacturing opportunities for energy-intensive industries.

Investment Considerations: While specific stock recommendations should be treated with caution, UEMS (5148) and Affin Bank (5185) could be seen as potential proxies for exposure to Johor and Sarawak's respective economic prospects. However, thorough due diligence, including valuation analysis and consideration of broader market factors, is essential before making any investment decisions.
Future Trends: The potential rise of digital banks presents another interesting avenue for exploration. Close monitoring of players like Boost Bank, backed by RHB and Axiata (6888), might be warranted, though investment decisions should be guided by comprehensive analysis of the digital banking landscape and individual company fundamentals.

The Malaysian economy exhibits a strong correlation with oil prices. According to technical analysis, the commodity has entered a structural bear market since 2014 which coincised with the peak in KLCI. To mitigate this impact, there is a need for a comprehensive overhaul of our education system, elevating our standing in global assessments like the PISA exam to cultivate students with internationally competitive skills and talents. Simultaneously, transforming our industries is imperative. Merely artificially increasing the minimum wage without concurrently generating substantial job opportunities may divert foreign investors to countries like Indonesia and Vietnam, which offer more competitive advantages.

Oil Super Chart:
https://postimg.cc/bZBWWBt6

KLCI Super Chart:
https://postimg.cc/0MYSKrRL