Thursday, July 16, 2015

Selamat Hari Raya

In these troubling times, let's take a moment to reflect on the peace and harmony that we have enjoyed thus far. We will quickly realize how fortunate & blessed we are to live in a peaceful nation endowed with rich natural resources, favorable climate & free from natural disasters. With such abundance and good fortune, we can easily take things for granted. The recent violent protest in Low Yat Plaza is a wake-up call  and a reminder that this peace and harmony is very fragile.

Let's dedicate ourselves to preserving the peace and sustaining the work of our forefathers who conceived this nation for all of us to live in. If the truth is told, the work is actually not all that hard. What is required is courage, sincerity & civility from everyone, especially our political leaders. We need to have the courage to push back the work of agitators, provocateurs and troublemakers – even if they are our own people. We need to stand up for the truth even if the truth is troubling & inconvenient. And, most important of all, we need to stand together as Malaysians and carry on the work of conciliators, builders and peacemakers so that the peace that we so cherished will not be lost. When the peace reins, we will have time to celebrate our diversity.

To all my Muslim readers, I wish you Selamat Hari Raya.


Source: smk2pangkalping.com

3 comments:

ronnie said...

Thank you Alex.

We need more Malaysians like you

lai said...

Hi Alex,

May i have your opinion on Jaks?

Thank you.

Alex Lu said...

Hi lai

Jaks looks interesting. It had an upside breakout above its long-term downtrend line at RM0.55 in late 2013. That breakout fizzled out almost immediately and the share prices slid back - hugging the long-term downtrend line - to RM0.50 for next 4-5 months. Then it charged up to RM0.85 in July 2014. Selldown kicked in and the share prices slid back to below RM0.40 in December 2014. There, Jaks again found support from the long-term downtrend line and regained the upward momentum that sustains the stock until today.

Its immediate support is at RM0.80 (& then RM0.60) and immediate resistance is at RM1.00 (& then RM1.20 & RM1.50). For now, the stock is in a bullish momentum. It has secured an investment licence to build a $2.25 billion 1,200-megawatt coal-fired power plant in Hai Duong, northern Vietnam. Check out Affin's April report on the stock: http://www.bursamarketplace.com/index.php?ch=24&pg=88&ac=13613&bb=research_article_pdf

Good luck!