Profitable QR 19/08/2024.
Let's see how things go coming morning.

Agreed.
FA
Net profit YoY +70%
Net profit QoQ +134%

TA
First major breakout on 17th May after long period of consolidation
Major resistance of 0.550 has been broken

News:
Five-deal extension worth RM181mil with Home Ministry

That's the holy trinity of FA, TA and news buzz.

EPF bought in some shares. You know what that means next.

The pattern of harsh price-dumping post-QR announcement albeit net positive income is already a good opportunity. Just look at EATECH.

YoY growth +86%
YoY net profit +127%
Higher lows, touching the 50MA region
I'm going long.

I believe in the probability of an upside in price movement with a net positive QR earnings. Looking forward to seeing the result.

Probability for an upside is high if the next QR yields net positive income
As for the charts, the price action is already hovering at the bottom
I look forward to anticipating the QR

Anyone know exact date of AGM?
Is it 30th May?

Based on today's QR:
QoQ profit +97%
YoY profit +104%
Intraday volume 20M
Price still at bottom based on ATR

Things are turning well for KAB!

Powerwell Holdings Berhad
FA:
Total revenue YoY +49%
Net income YoY +479%
Net income QoQ +294%
ROE 20%
EPS YoY +485%

TA:
Still sitting above 50MA despite aggressive selling
Hammer candlestick 13/5/2024
ATR% Multiple 0.92 (signaling bottom)

Bumi Armada Berhad, an opinion on financial and technical analyses:

FA
- YoY growth +2.97% (okay-ish)
- YoY net income -178.55% (not great, red flag)
- RoE 6% (just meh)

TA
- Below 50MA, having breached the previous support of 0.580
- Stale day-to-day volume, at most ranging 12-17M (last rally to 0.630 peaked at 60M), which is good for me because I know the sellers are getting tired of pushing down the prices further
- (Cont.) float percentage of shares is 55% - the lower the % figure, the lesser amount of volume needed to push the price upwards
- (Cont.) so in other words, if you see Bumi reaching 20M shares and above, you might want to peel your eyes and monitor price action
- ATR% multiple from MA is -0.2, signaling a possible bottom (>7.0 is peak price based on algo)


So what I learned from these analyses is:
- YoY net income is an ugly sight for investors
- Next QR must be a positive % for a rally
- If there is a rally before the QR announcement obviously the insiders are aware of the figures
- 0.560-0.580 is the cushion for support
- Any news is just bonus (FPSO, Brent CO, etc.), I trust the figures, I think in probability and I respect risk management
- TAYOR and good luck

*Net income QoQ +125%

*QoQ net income +127%

PWF Corporation Berhad
Multiple green flags for Financial Analysis:
- YoY net income +239%
- YoY EPS +210%
- QoQ net income 227%
- ROE 14%

As for Technical Analysis:
- 10MA has already crossed the 50MA
- ATR% Multiple from MA is at 0.5, which means we're at the bottom and the price can be pushed up further (7.0 and above is peak)
- Average volume 1-2M shares traded past 5-7 days, so if it's >2M, keep your eyes peeled for positive price action

Based on this, there is a good probability that there is an upside in price for this counter. Manage your risks, don't chew more than you can swallow.

Kinergy Advancement Berhad, let’s break it down to:

Financial Analysis:
Net income YoY +314%
YoY growth +35%
ROE +16%
Overall, impressive figures. Tells me that the company is going forward profitably.

Technical Analysis:
Base formation at 0.345 – 0.355, assembling the support line
Float% at 44% - the higher the %, the more volume is needed to push the price further (highest lately being 10M shares)
10MA is slowly crossing the 50MA
ATR% multiple is 0.99 as of 8/5/2024 – price can still be pushed up (usually peaks at 7.0 and above)

I think this is a great counter, where probability is involved. I look forward to seeing an upside. But obviously, risk management is king.

DXN Holdings Bhd, an interesting counter.
Financial Analysis
- YoY net income +43%
- YoY EPS +43%
- ROE 27%
- All too impressive, but of course the price doesn't reflect these figures.

So, it goes down to Technical Analysis:
- Base formation at 0.615 - 0.625 currently as support
- 10MA is gradually crossing 50MA, we want this go even steeper
- So when thinking in probability, there is a high chance that the price can be pushed further up, provided the volume is robust (>10M shares traded on a given day)

Always think in probability, but the probability for an upside is high for this counter.

Fundamental analysis:
Net income QoQ +225%
Net income YoY +289%

That's really impressive.

As for Technical Analysis:
1. Base formation at 0.245-0.260 for past 6-8 days, with volume drying up. A good sign for me because volume depletion is signalling that the sellers are getting tired.

2. ATR% multiple from MA is barely 0. This is a signal that price is settling at the bottom where the support is.

3. RS rating 90 - say no more. Beautiful as it is.

4. Shares float at 30%. The lower the %, the easier the price can be pushed up with a surge of volume.

Overall, I look forward to an upside for TDM Berhad. But always think in probability and manage your risks wisely cause nobody is going to save you.