Need to pump price higher before Dividend Ex date. Going to have 0.100 price adjustment after Ex date. Not including other sell off that may occur due to any upcoming market sentiment.

Drop from US market fall sentiment. Then local institution disposed 1.2M shares. Wrong timing of transaction. Now price trying to climb back again after battle. May take some time.

So frequently issuing ESOS. 92,200 shares. Timing of issuance during US Market fall. Huge retracement. Now it takes time to climb back up again.

SALE. Buy make money before it goes back to RM8 and above.

https://theedgemalaysia.com/node/719790
Petronas may lose part of revenue to Petros, capex may be hit — RHB IB

Assuming14.440-9.980=4.460

Need to push price gains more than +0.250 to make sure counter returns back to normal. Otherwise intraday traders who bought cheap yesterday will try to goreng to make fast profit by noon.

Luckily this counter closed with no changes today. Others mostly down with red syndrome. Not sure about tomorrow.

If 1 week like this we can pick up the pieces at 6.

Fed Govt debt RM1.22trillion as of end April 2024. Pmx needs fund to pay increment for civil servants salary promise by year end involving RM10billion. Salary is a monthly commitment. So Ron95 subsidy cut will be next in line after diesel. This counter may drop even further. May rely further EPF support when any downward in price occur. RM20 looks impossible.

https://www.bernama.com/en/news.php?id=2318568
Optimist news FBMKLCI expected to hit 1730 by year end. Gamuda will jump up high. Need seatbelt guys.

Sold at RM7 range way months ago. You guys are daredevil. Still loyal even though the chart is still on continuous downtrend. Do you all foresee a sudden reversal breakout?

Is there enough money to pay the salary increment with only diesel subsidy cut? Don't think so. Like it or not will have to cut Ron95 to fulfill salary increment promise. Whereas the promise for 'minyak turun harga' is no longer valid. Scammer in the house.

Simply meaning he's not going to vote for pmx at all. Mission impossible.

May be EPF volume disposal triggered profit taking. Possibly want to support petronas dagangan which drop badly especially after diesel subsidy cut 😂

GST good due to transparency via transaction evidence. Without GST many can manipulate on paper to avoid tax. Better revenue compared to SST. And much better than subsidy cut.

Ringgit too dependent on Federal Reserve Interest rate cut. That's why we always here announcement Ringgit will appreciate since last year but nothing happened with value still above RM4.50 for 1USD. Unlike our neighbour's SGD Sing Dollar where the economy is fundamentally strong and GST in place. Our FM & DFM has no academic finance & economy background qualification. Instead, using savings from subsidy cuts for expenditure.

What's the purpose of us voting and having Government & Ministers. They have the power to propose amendments to any existing weaknesses in the laws to protect the citizen. Not to be a reporter or a messenger in parliament. FM & DFM has no academic finance & economy background qualification. Only relying on the qualified FM2.

Some politicians don't steal money. But they don't know how to rule and generate income. Instead they use savings such as cutting subsidies to use as expenditure. By denying to implement GST and with Subsidy Cuts the country is losing billions in revenue. While citizens suffer inflation cost rise.

Still strong. Price drop below 4 and pushed up high again within one day. Deep range. Many made money from Intraday trading.

Friday price drop with additional listing. Monday price can spike back up very fast.

Reason why they are called politicians. Spinning is the way of life and survival. End up we are the one working hard for our future. They take credit from our achievement. While we suffer from their mistake in decision making.

Some have been stuck at this counter for so long until forgot when and how to sell.

When Ringgit falls some politicians will say its good for the country as our price of goods will be cheap & attractive. Good for the economy. But when our ranking drops then blame back the on the low value of the currency.

Today Bursa Down again 🤗. Thanks pmx. Add on

SALE Raya Haji.

https://www.freemalaysiatoday.com/category/business/2024/06/19/bursa-ends-lower-on-profit-taking-7/
Drop below 1600. Looks more than profit taking. Anyway take advantage on adding up.

Today Bursa Down. Even though S&P500 UP, Nasdaq UP, Dow Jones UP, Nikkei UP, Straits Times UP.

Take advantage to top-up further. not easy for price come down so much.

So foreign funds allied to US group who are not happy may pull out from our market?

S&P 500 UP, Nasdaq UP, Dow Jones UP, Nikkei UP, Straits Times UP. Ours in 'correction mode'. Is it after pmx announced malaysia set to join BRICS? Market rely on foreign funds for bull run.

Is it after pmx announced that malaysia is set to join BRICS? US may not be happy.

I think foreign funds shifting to a new generation of energy supplier-TENAGA. EVs, Data Centres, AI Industries-Microsoft, EVs, etc constantly increasing demanding for electrical energy. Whereas, Petroleum could be outshined. Local Institutional funds may be trying to support the stock which is the main revenue of the country.

My finger is very itchy to press the sell button when seeing the gains. Need to close the computer. Bye

IJM trading Volume 19M but only +0.12. Here trading volume only 2.8M but +0.6. Is there a great white swimming under water?

Although concrete producers hv increased price, Awarded projects normally have locked original price with the suppliers. For new projects developer/contractor should increase prices. Teach the govt a lesson to understand basic economy & not to simply cut subsidies. GST should hv been implemented first. Then only review whether subsidy cut is required from the GST revenue income.

Dear God. Please give me the strength NOT to SELL to gain PROFIT.

The true side of politicians when they obtain power.

Long term since RM8 2022. Dreaming TP can reach RM20 by 2026 if world economy keeps on improving. Just being optimistic to keep on the holding power.

Pumping UP. BerTenaga.

Early morning price drop until RM12.700. But price went back up again very fast. Not enough time to top-up at low price. Tenaga still has strong support.

Sell or Hold? Follow Trader or Warren buffet 😂?

https://www.businesstoday.com.my/2024/05/31/despite-higher-electricity-sales-tnb-saw-q1-pat-drop-27-to-rm677-million/

https://theedgemalaysia.com/node/713241
KWAP injecting RM3b into the market(shariah compliant assets). May be can see some movement in coming weeks?

Sellers not allowing the price to go below 6.

Up she goes

Traders dont care. Go with the ride & take whatever profit possible. If get struck due to price drop then just hold like investor. After all heavy weight blue chip would always go up in the long run.

Re-Implement back gst. May be we don't even need to touch the subsidies. This govt needs a lot of guidance.

what happen ya. just opened to check price suddenly become rich today. must be foreign funds.

Still selling mood. May be need to wait 13.00-14.00 to enter.