Daily KLSE BURSA UPDATE | 22-5-2026 | COASTAL WINS RM367mil DEAL | GENTING 1Q PROFIT SURGES

Added: 2026-05-27

[00:00:00]Hello my friends, welcome to Trading C.

[00:00:02]Today's 22nd of May 2026.

[00:00:06]Okay, we go through the market quickly because uh because a lot of things to go through today. Okay, a quick disclaimer first.

[00:00:30]Disclaimer be advised that I'm not a professional trader or adviser. I am sharing my trading journey for entertainment purpose only. Any opinions, news, research, analysis, price or other information contained in this video is my own opinion and does not constitute investment advice. I will not accept liability for any loss of damage including without limitation to any loss of profit, money, asset or any valuables which may arise directly or indirectly from deals of information in this video. Trading foreign exchange indexes, stock market, futures, commodities, energy, precious matter, etc. carry a high level of risk and please trade on your own research and assessment. Please seek advice from a professional financial advisor for your trading needs. Okay, let's check out the Okay, for us global I already talked about it in the morning. So, let's take a quick look at Bus. Okay, Busa or Global. Okay. Uh, okay. Bus today 1712 up 4.3.68 68 million uh uh volume and volume fund keep on selling.

[00:01:41]Now it's 156 million probably due to the possible or snap election because we know now we saw a lot of these politician start to all start to appear in the internet and they attacking each other a lot and we hear a lot of this movement. Okay. So there's potential snap pole coming maybe due to this.

[00:02:04]Okay. Uh uh top look at uh sky chip got rebar beat me pent up is still is the technology today strong but today energy quite strong 2.01 but not hibiscus hanging okay only a few of them because contract they slightly stronger but it's not like oil going up. Uh industry is 1.6 industry is quite strong 1.63% is 3% up technology strongest 3%. Okay, I said technology you are chasing higher. It still can go higher but it's up to you.

[00:02:36]Oh, but there's a very high risk now.

[00:02:37]I'm saying. Okay, I'm not saying you cannot go higher. You can chase by very high risk because we already chase it at a low. Okay, just like Bitcoin when Bitcoin I say 30 30 over,000 I start to take action. People ask me 100,000 110,000 that time can buy or I what what what can I say? I say buy it drop. You say oh KS useless one. If I say cannot buy it go up then you say oh KS useless one but you see what happen if you buy at 120 and you didn't sell okay you didn't manage to sell now it's 70 plus so you are oh that's why you have to be careful okay look at the chart KCI today ah today mother so we have to wait to wait see next week rebound I think rebound also shortterm I think I think there's a pressure on this Snap election step poll I think there's some pressure there okay but but we we we look at the chart don't simply guess so we look at the chart okay next week see can rebound how far can it rebound okay market rebound a bit as support okay uh midcap midcap midap I think maybe head and shoulder I think longterm is coming back down small cap small cap already turned down already coming down so energy stronger but energy I think maybe just want to retest the resistance No need support we come to systems. Okay. Industry industry this pattern not good. Ascending bull flag not good. Okay. And technology. Okay.

[00:04:04]Technology breakout. So technology one two three break. So technology might go higher here. So technology no doubt you're chasing high. So you have to be alert. So as long as technology stay about 70 I think chances are still there. But let's say it turn around next week below 70 means it's a false break.

[00:04:24]Then you have to cut down. So this is how I see it. Okay.

[00:04:29]The best scenario of course I said the head and shoulder come back and retest the should the neckline. Okay. Come back and retest the neckline means. Okay.

[00:04:40]Come back retest the neckline re. This is the best. Okay.

[00:04:46]Sometime it just doesn't test the neckline. Okay. But it's still higher risk. We test if we test the neckline is better. Okay.

[00:04:56]Uh okay. Look at some news.

[00:05:04]>> Petron slips with Q1 net loss of RM35 mil from RM81 mil profit a year ago.

[00:05:12]>> Okay. Uh oil is 98. O is 98. Okay. The crude oil.

[00:05:20]Okay. Uh look at the next news.

[00:05:27]So this one the EV side you see our our bit. Yeah. Everyone complain about Miy protective protection all these things.

[00:05:35]You see actually now they could be right Thailand already. Okay. Thailand got thousand over company and 10 organization come out and complain about the DV dumping. Thailand's EV backlash shows why Malaysia's caution is justified.

[00:05:56]>> Thailand's latest automotive debate deserves close attention in Malaysia because it exposes a basic policy problem. EV growth can look impressive on paper while weakening the industrial base underneath it.

[00:06:13]According to reports, 10 Thai automotive groups representing more than 1,500 businesses are now pushing for tougher protection against fully imported EVs. Their proposals include a 32% excise tax on imported EVs, import quotas tied to local production, and stricter local content rules. Their complaint is straightforward.

[00:06:42]Cheaper Chinese EV imports are eroding local production and reducing orders for Thai parts makers. They also say producing vehicles in Thailand costs about 30% to 40% more than importing them from China.

[00:07:02]That matters because Thailand is not a weak automotive economy. It is one of Southeast Asia's main production centers. If industry groups in Thailand are already warning that importled EV growth can weaken domestic manufacturing, Malaysia should treat that as a serious signal, not an isolated complaint.

[00:07:23]>> Okay.

[00:07:35]M Technovation 1 Q net profit jumps 74% on semiconductor demand.

[00:07:44]>> Scan Wolf wins RM11 mil factory job.

[00:07:56]Coastal contract secures 92 United States dollars and50 cents mill contract from Mexico's PEMX.

[00:08:04]>> 92.5 million.

[00:08:08]>> KPJ Healthcare net profit higher at RM69.6 mil in Q1.

[00:08:18]DNEX returns to black with RM1 12.78 mil profit in Q1.

[00:08:28]711 Malaysia's one Q profit more than halves on expansion costs.

[00:08:34]>> Okay. Uh TM T profit drop 20%.

[00:08:40]ABNB AOEN profit up 37%.

[00:08:45]Uh profit up 20%.

[00:08:52]TH Plantations 1 Q net profit falls 9.5% on lower palm oil prices.

[00:09:06]DRB highcom profit jumps on stronger proton bank moamelat performance.

[00:09:23]Genting 1 Q profit surges over 20fold on JV gains, lower impairments. Genting Malaysia slips into loss on casino transition costs.

[00:09:38]Deang upgrade to buy with higher target price after Q1 results beat expectations.

[00:09:50]Telecom Malaysia gets by call higher target price after stronger Q1 results.

[00:09:57]>> Okay.

[00:09:59]A lot today.

[00:10:02]Senia's Q3 earnings surged 75 PCT.

[00:10:06]Revenue up 18 PCT.

[00:10:14]BM Green Tech share price surges nearly 30 PCT.

[00:10:19]>> Okay. Because uh uh the report quite good the quarter report.

[00:10:24]>> MNRB rebounds as May Bank upgrades to buy after record earnings. Okay.

[00:10:34]Uh ABNB also profit up 10%. Okay.

[00:10:40]Hibiscus Petroleum swings back to profit in Q3.

[00:10:47]>> High Court overturns RM2.16 ME arbitration award to a WC unit over unpaid claim.

[00:11:01]Critical Holdings Unit bags IM 152.6 mil contract from renowned American MNC.

[00:11:09]>> Okay, look at the chart. CB critical CB looks good. Breakout got chance to go there. Okay, because you got breakout already overbought but as I stay about 83 cent chances are there. Okay, looks good. Uh AWC AW breakout came back down. Nothing much happening. Okay, there will be the negative news some hibiscus hibiscus doesn't move a lot. You need to break 2.18 first in order for it to break out. MN RB MNB already move already. The target is here but a bit small the window and it's also near alltime high. I I don't see a big window to play.

[00:11:56]Okay, BM green BM green gap up but already too late to chase up already 29%.

[00:12:04]Okay, I think limit up already. Okay. Uh HC SG too high. Keep on going. I think too late to chase now. Okay. Even though good good report I mean good news TM TM broke already I think I think even the higher target here okay but we got one higher target here okay MB I think let it retrace first or let it retrace first I think okay uh Dang D okay report okay but already start drop as I stay about 1.79 you got chance to to for the double bottom but if it drop below 1.79 probably the the the the pattern co already uh di also news already up already reached the high here and now coming back down dangerous I think the double bottom looks like daddy also like we keep on dropping I think this one also cannot the red color so no more already. So it didn't actually hit target for this one.

[00:13:24]Uh TS plan also report not so good.

[00:13:28]Okay. Also starting to drop a Okay.

[00:13:34]Okay. There. Okay. There still on a downtrend. not take much pun alon in the downtrend doesn't need to break out first okay doesn't seem no red color nothing much to talk about similar 71 also the report so not so good break two $2 then only talk KPJ KBJ also quite good report came up but you see paper sale the Oh see already looks like double top already breaking the uptrend trend line.

[00:14:13]So this one not good coaster coaster report al the news already come out so got get big order. So this one 50/50 now we drop below 1.33 I think already but for as I say about 1.33 the uptrend still got chance. Okay.

[00:14:32]Scan move.

[00:14:36]Scan. Nothing much. Broke below support.

[00:14:40]Uh me break out me I want to say about 3.98. I think got chance to go higher maybe 490.

[00:14:53]You have to watch this one. Okay.

[00:14:55]overbought chasing high but because the now the semiconductor so strong I mean chances to for it to go up still got but you're chasing high just just uh just just take note you're taking very high risk now okay Petron looks like head and shoulder although the head and shoulder not good okay the pot also does Not not so good. Okay, a quick message before we check out the top gainers. Okay, remember like, share, comment, support the channel. Okay, all the links are at the description area. Link to CGS, I trade trading view and this uh Luno.

[00:15:41]Okay, you use my link, you can get some some some reward, some discount all these things. So don't you want to open account with CGS to invest Malaysia, Singapore, Hong Kong, US market. Okay, you can try CGS. My friend is a reminder, very friendly guy. Okay, if you want to buy crypto down there, the Luno, you want to uh open this uh trading view, this chart software that I'm using, you can try the free version, paid version also can you use my link.

[00:16:08]Okay. Okay. Sky chip Skyip rebound a bit. I think maybe chance to run. You see there's resistance here 2.74 we divide it to two half stay above 2.74 maybe got chance to go higher if it cannot stay above 2.74 I think is coming back down okay put it that way I think very important 2.74 okay me talk already break higher we talk maybe you can go but overbought oh chasing high okay it's up to you as I said you buy uh you want to buy bitcoin at 100,000. I'm not saying cannot go higher as said if you if you you manage to go 100 to 110,000 you just so little profit but you taking a high risk you see now bitcoin dro 70 over already so you're taking this risk but maybe you can go higher you can profit a bit but you're chasing high okay uh Sam also chasing high also rebound quite a lot this one also quite chasing high maybe still can go higher but for me chasing UNISM unis one two three break unis maybe you can go higher okay but I said very high risk okay it's up to you but for me I think it's chasing high chemical still consolidating nothing much happening MPI all the technology still strong still going up I mean it might still go up but it's all overbought. It's all high risk.

[00:17:56]Okay. UK ESM.

[00:18:02]Okay. Okay. Not yet. Retra a bit. Need to break out first. 4.79.

[00:18:06]Okay. I all this might still continue to go because you look at the the the sector just broke out. So it still got chance but you have to be very careful.

[00:18:15]Okay.

[00:18:18]all the support area if you drop below you have to have to run not yet wait for it to break the head and shoulder okay maybe you try some here you break out maybe you still can go I'm not saying cannot you don't you didn't jam everything after make the head and shoulder maybe add a bit more like that okay penta penta maybe penta making this pattern not so good Okay, it's a ascending flag.

[00:18:50]I mean if we break out here maybe still can we break out here 4.56 maybe. Okay, but not no breakout yet. Franken so many today Franken break out maybe overbought also. Maybe you can go higher. One more target here. Maybe you can go there as long as stay above here 4.83. Okay we drop below means it's false for break. Hey, it's fake one.

[00:19:18]Break out. Okay. Uh 2K FEMA for false break. Okay. Du Du. Okay. Trying to break Duo. Maybe you wait for the Okay. You want maybe break a bit higher. Maybe can try and then maybe add more at 1. We break above 1.94. the the head and shoulder like we break 1.83 maybe okay got chance especially if we break 1.93 1.94 sorry okay cut consolidating need to make the right right shoulder first I think consolidating okay nothing much uh pie If really drop. Okay. S cable.

[00:20:17]Sen cable force break. This one could also be force break. Be careful. This one. Okay.

[00:20:24]You want to go it should move this time.

[00:20:26]So this time maybe come to same area. It will drop again. Okay. Keing.

[00:20:34]Oh giving already. Oh really shaking making this uh very volatile pattern quite dangerous. You gone. Okay, for now if you chase it now EM already dropped already broke the support already. Okay, SFP tech if it break here maybe it can go. I need to wait for it to break out here. Okay.

[00:21:01]Uh 2 22 cent. We break 22 cent then maybe got something. Okay. today not yet break up.

[00:21:13]Okay, so that's it for today. I'll talk to you again tomorrow and remember next week I'll be on holiday. uh the evening video will be normal maybe but I cannot fix a time let's say nowadays I do like 5 6:00 or 6:00 publish maybe a bit later we cannot fix a time publishing but every night I will do the video the daily video but morning video I won't be doing because I have to uh have to uh bring the children uh to uh uh to enjoy okay I'll talk to you again tomorrow bye