sold back cypark at 80.5-81.5sen

sold back at 40-40.5sen

sold back mudajaya at 24sen

sold all jaks at 88.5-90sen

Technically, Jaks already turning bullish sign.

Jaks recover is accompany with huge surge in volume, its solid marked up phase.

Jaks have manage to stand above EMA 20, very very very good sign for recovery

President Donald Trump has highlighted remdesivir as a promising anti-COVID-19 treatment, and the World Health Organization labeled it as “the most promising” antiviral during the early days of the outbreak. But its effectiveness won’t be known until a slate of clinical trials reads out, with the first expected from China in the coming weeks.

The first outcome of clinical trial will release by these week. Stay tune

leverage on balance margin, bought back mudajaya at 23-23.5sen

Although Trump using model to predict covid death toll at least 100k to 240k, BUT, IF the death toll significant below level, e.g. 30k, (many drug
have proven effective treatment), market and trump will claim is VICTORY against covid virus. These is market physiological if thing happen below worse scenario, then is consider good outcome.

leverage on margin, buyback jtiasa at 38.5sen

If covid have effective treatment, these spread deadly virus threat will reduce in US.

https://www.fiercepharma.com/pharma/white-house-asks-fda-to-approve-fujifilm-s-avigan-for-covid-19-should-agency-follow

leverage on margin, buyback cypark at 78-79sen

leverage on margin, buyback myeg at 96.5sen

1 Oct 2019 - 21 mac 2020, The flu death in US is 24k to 62k, much much higher than covid virus

https://www.cdc.gov/flu/about/burden/preliminary-in-season-estimates.htm

Dear OTB

Thanks, portfolio decided to all in again jaks at 81.5-82sen now

OTB Hng 33,

According to US official records, there are > 650,000 Americans died of Flu in a year.
100k death is part of average 650,000 death a year.

Thank you.
01/04/2020 10:54 PM

No dividend declare, portfolio have clear all previous kps stake at 35-37sen, cash out

Money cannot buy life....even billion.....what more for rich US people care for other than life! If US toll death is estimate at least 100k by their own President Trump, it mean something terrible thing threaten life is real happening, it can be anyone surrounding. 'I want every American to be prepared for the hard days that lie ahead. We're going to go through a very tough two week' Such atmosphere is so uncertainty......

Afraid to buyback now as US death toll is expected to getting worse in next 2 week. Trump even estimate AT LEAST 100k death toll even with full medical intervention and prevention....cannot imaging how will market response when US death toll pass 10k, 20k, 50k till 100k, US market sentiment will greatly affected.

These may prompt Malaysia gov to extend further lock down time....better stay sideline for next 2 week, stay on full cash holding in portfolio before re-enter back.

Trump project at least 100k US death toll even with full medical intervention and prevention. These toll death if compared to current death toll in US 4k is still very far fro getting worse......


....no reason to be optimistic now, sell on strength, keep all cash in portfolio first.

https://www.washingtonpost.com/world/2020/04/01/coronavirus-latest-news/

clear all previous holding, keep all cash

sold more cypark at 82sen

sold back myeg at 1.01

sold back all jaks at 82-82.5sen

DK66

Noted, if Vietnam is facing severe shortage power supply, any source of power will be in demanding, thus all power plant need to run at full capacity to generate power.

Dear DK66

May I know whether or not if there is any impact on coal price on Jaks power plant? The coal price is now in half price compared a year ago, US34/tonne. I know Jaks IPP is just responsible to generate power, while EVN is responsible to supply power to household, business etc to collect elecfirticty charge. However, as the source of power come from many alternative such as hydro, solar, gas etc, is there an option available for EVN to increase supply from coal power fire against other source, demanding cheaper coal fire power can increase utilization rate of coal power plant capacity usage, which in turn can increase Jaks power profit right?

Jaks share price today successful standing 76sen, EMA10, is good sign for further recovery. These have promptly portfolio to buyback at 76sen in late afternoon session despite sold in morning session. Retain back Jaks in portfolio as largest stake. In comparison, Jaks share price still laggard far behind, still have room for recovery next to above EMA 20, 86sen.

The worse of worldwide Covid virus spread risk should be now under control with introduction of rapid test kit by US biotech, Abbott diagnostic and Malaysia, Myeg + Chinese biomedical firm, both is test kit already get FDA approval. These affordable and fast test kit can now widely available to detect infected people much early, therefore, prevent spreading risk.


1. Abbott Laboratories announced Friday that the FDA approved the emergency use of its new Abbott ID NOW COVID-19 test, which can deliver positive test results for the novel coronavirus in five minutes and negative results in 13min.

2. According to MyEG said the test kit, developed by an unnamed "reputable" Chinese biomedical company, has been approved by the FDA under a policy to accelerate detection and diagnosis during public health emergencies.

"The authorisation by the FDA for the test kits is in addition to the European CE mark, which certifies conformity with health, safety, and environmental protection standards, obtained earlier," it said in a statement today.

"The acceptance of the test kits worldwide, including in major regions like the US and Europe, is timely amid growing acknowledgement worldwide of the need for faster and more widespread detection capacities in the fight to contain the spread of the virus," MyEG added.

The company said the test kit enables early detection of the Covid-19 virus by detecting the presence of antibodies from blood samples which are taken through finger-pricking.

MyEG claimed that the kit can generate results on the spot within minutes, without having to send the samples to external diagnostic laboratories.

https://klse.i3investor.com/files/my/blog/img/bl6203_copy_of_copy_of_copy_of_copy_of_colorful_hexagon_mind_map_3.png

According to MyEG said the test kit, developed by an unnamed "reputable" Chinese biomedical company, has been approved by the FDA under a policy to accelerate detection and diagnosis during public health emergencies.

"The authorisation by the FDA for the test kits is in addition to the European CE mark, which certifies conformity with health, safety, and environmental protection standards, obtained earlier," it said in a statement today.

"The acceptance of the test kits worldwide, including in major regions like the US and Europe, is timely amid growing acknowledgement worldwide of the need for faster and more widespread detection capacities in the fight to contain the spread of the virus," MyEG added.

The company said the test kit enables early detection of the Covid-19 virus by detecting the presence of antibodies from blood samples which are taken through finger-pricking.

MyEG claimed that the kit can generate results on the spot within minutes, without having to send the samples to external diagnostic laboratories.

bought bsck jaks at 76sen

bought myeg at 96sen

Cut all jaks at 75-75.5sen
Cut all jaks-wb at 50-52sen

sold back some cypark at 76sen

sold back kps at 34-34.5sen

sold back gkent at 55-55.5sen

Add KPS at 32-33sen

Abbott, A US biotech giant have develop 5 min testing kit for covid virus. More US people will be tested and treated early and to prevent further spreading risk

https://www.bloomberg.com/news/articles/2020-03-27/abbott-launches-5-minute-covid-19-test-for-use-almost-anywhere

China now is helping US tight Covid virus. Its a joint force of G2 superpower to battle virus

https://www.thestar.com.my/business/business-news/2020/03/30/white-house-led-airlift-of-urgently-needed-medical-supplies-from-china-malaysia-vietnam

Company commence share buyback, add to average down cost

Stimulus package worth RM 250 billion

leverage on margin, add more jaks at 76sen

add cypark at 73-73.5sen

add more jaks wb at 51sen

More stimulus package set to announce today

https://www.thestar.com.my/news/nation/2020/03/27/covid-19-pm-expected-to-announce-comprehensive-economic-stimulus-package-on-friday-march-27

bought back jaks-wb at 51sen

bought back jaks at 76-77sen

add more at 56sen

bought Gkent at 55.5sen

sold back bjland at 16sen

Time to take a rest again, enough profit for today, portfolio hold mostly cash again.