Saturday, May 5, 2018

Harapan Rakyat to PutraJaya

My calculation: Harapan to win 118 seats

 (Updated )
LETTER | Based on data from the recent delineation exercise by the Election Commission, the recent voter demographics, the addition of new voters, various analytics by both mainstream and non-mainstream sources including both Merdeka Centre and Invoke, I have calculated the outcome of Malaysia’s 14th general elections (GE14).
The first focus is on Peninsular Malaysia. The racial demographics of Peninsular Malaysia is categorised into four categories:
  • Malay-majority seats in Kelantan and Terengganu, which consist of 22 seats. To simplify the analysis, Chinese and Indians populations are deemed negligible, hence their population is keyed in as zero.
  • Malay-majority seats with an average of 90% Malay population for all states in Peninsular Malaysia (except Kelantan and Terengganu), which consist of 28 seats.
  • Malay-medium majority seats (with an average of 70 to 80% Malay population), which consist of 65 seats.
  • Mixed and Chinese seats which consists of 50 seats, where Malay population is 65% (as per national average) or lower. The reason mixed and Chinese seats are lumped together is because based on the simulation, Pakatan Harapan is expected to win 99% of those seats regardless of whether the ratio has 65% Malays or less. This point may seem controversial but it’ll be explained later.
For all peninsular states except Kelantan and Terengganu, BN’s Malay support is predicted to drop from GE13’s 65% to 45%, in line with forecasts from several non-mainstream findings. Chinese and Indian support to remain the same as GE13.
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The latest report from Merdeka Centre states that BN’s drop in Malay support in the peninsula is only 8% as of mid-April 2018. However, Merdeka Centre did state that the drop in Johor is 20.9%. In reality, this author argues that the fall is more drastic. Bear in mind that survey respondents are usually cautious (especially in a BN-governed state) when answering surveys in fear of reprisal from the ruling government, hence resulting in a response bias towards BN.
Furthermore, the survey by Merdeka Centre is flawed because it has zero fence-sitters and undecided voters, where it is highly probable that the majority of them will ultimately swing to Harapan. Hence, the survey result is BN biased.
In spite of the result bias, Johor is estimated to fall 20.9%, Selangor 17.2% and Perak 8.9%. So we can safely add more percentage points to these figures. This writer predicts an additional 5 to 10 percentage points in line with Invoke’s data. In fact, Invoke’s latest data has BN’s Malay support languishing in the high 30s to low 40s.
Merdeka Centre’s data on Kedah's shows a 1.1% drop in Malay support for BN. This has to be the most controversial and outrageous take on GE14 as data from other findings is pointing to a similar if not larger drop as that suffered in Johor.
In fact, the writer posits that if anything, Kedah has the biggest fall in Malay support for BN, possibly even in the 30s. Harapan is widely expected to smash BN in this state due to the Mahathir and Mukhriz one-two punch.
Pakatan Rakyat’s Malay support in GE13 was 35% and it is assumed 15% of that belongs to PAS in all states except for Kelantan and Terengganu, which is in line with Invoke’s survey result which states PAS’ support level has dropped from 18% to 13% in the past month.
Hence, Harapan will lose 15% of Malay support to PAS, but gain 20% of Malay support from BN, for a total of 40% Malay support. Merdeka Centre’s result however differs widely, stating that PAS has 27% Malay support as opposed to Harapan’s 20%.
This writer posits that Merdeka Centre’s result is flawed as it lumps PAS’ support together for the whole of the peninsula when in reality the result skews heavily to PAS in Kelantan and Terengganu but is almost negligible in the west coast states. Hence, the opinion here is that BN’s loss will be Harapan’s gain in all states par Kelantan and Terengganu.
For Kelantan and Terengganu, BN and PAS are predicted to be evenly matched, with Harapan not making much of a dent. To simplify this analysis, Chinese and Indian votes are considered as negligible in this category.
The mixed and Chinese seats are lumped together instead of separately because they yield the same result regardless of whether the ratio has 65% Malays or 50% Malays or lesser. To simplify this analysis, the race composition for this category is considered the same as our national ratio of 65% Malays, 25% Chinese and 10% Indians, even though in reality it differs according to areas.
But it won’t influence the result as Harapan is expected to win 99% of these seats due to the aforesaid 20% Malay swing and the overwhelming Chinese support.
There’s no doubt that BN’s 65% Malay support in GE13 will be reduced, mainly due to resentment towards caretaker prime minister Najib Abdul Razak and the BN government he leads, and the addition of onr million new Malay voters. The question is by how many percentage points the Malay swing will be.
There were about 8.7 million eligible Malay voters in GE13. The addition of 1 million new Malay voters translates into an 11.4% increase. If 70% of new Malay voters support Harapan (based on non-mainstream findings), that’s already a swing of about 5%.
So a total swing of 20 percentage points is not that far-fetched. In fact, it’s quite conservative as Merdeka Centre already puts the swing as 8% in spite of the survey weakness highlighter earlier while Invoke’s one is in the high 20s.
The results are shown below.
So based on a “conservative” 20% Malay swing, and assuming that the Chinese turn out in droves to vote like in GE13, this simulation shows that Harapan can win about 100 seats in Peninsular alone.
With that in hand, Harapan only need another 12 seats from East Malaysia to form the federal government, but in all likelihood, they’ll need about 18-20 to form a stable government. In the last election, Pakatan Rakyat won nine seats in east Malaysia.
Assuming the status quo is maintained in Sarawak with Harapan winning six seats, the remaining bulk of seats is expected to come from Sabah, especially now that is has a united opposition front and with Warisan having taken the mantle of state autonomy call.
If the current groundswell momentum in east Sabah is anything to go by, Warisan is expected to clinch it for Harapan. The writer predicts a total of 12 seats to be won by Warisan and PKR in Sabah, hence Harapan to form the next federal government with a total of 118 seats. Pakatan Harapan to win GE14.

The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini

Saturday, December 17, 2016

GOLD - time to invest????

The lower point has been struck.
Is it a good time to get in.....
May be .... ok I put some asset for a start.

Friday, June 28, 2013

Emas, lowest at US1180/oz

 Sungguh mengejutkan.

Emas turun lagi.
Paras terendah hari ini adalah US 1180/oz.

Sekarang berada di sekitar 1200.
Apa yang anda fikirkan?
Adakah ini masa tang sesuai untuk bertindak atau
masih menunggu....
Wait and see attitude will not making money.

OK, better wait and see.

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Wednesday, March 6, 2013

Trend Harga Menurun - Emas dan Matawang Euro

Sejak Sept tahun lepas hingga kini, keadaan harga emas dalam trend menurun.
Tertinggi di bulan Sept lepas adalah US 1795,
Kini dalam keadaan paras terendah iaitu US 1554,++.

Sesiapa yang ingin membuat pelaburan dalam jangka panjang, tentunya
waktu ini adalah sesuai untuk memerhati pasaran semasa dan melabur
dalam harga yang terbaik,

Tapi perlu diingatkan, harga pada Jan 2011 adalah sekitar US 1307 sahaja.
Dan Sept 2011, paras tertinggi mencecah US 1902.++.

Bagi peminat matawang Euro, hari ini tertinggi hanya lah 1.3072
dalam keadaan menjunam. Tertinggi tahun ini adalah 1.3710.

Trend masa ini masih lagi menurun dan menjunam ke 1.2966 minggu
lepas, 1hb Mac.

Bagi peniaga matawang, waktu ini adalah sesuai untuk mengutip mata-mata
pelaburan jangka panjang.

Sekian, selamat berurus niaga.

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Tuesday, September 11, 2012

Sedikit Maklumat dalam "Currency Trading"

Foreign exchange market

From Wikipedia, the free encyclopedia

The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.[1]
The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United States to import goods from the European Union member states especially Eurozone members and pay Euros, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies.[2]
In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
The foreign exchange market is unique because of the following characteristics:
  • its huge trading volume representing the largest asset class in the world leading to high liquidity;
  • its geographical dispersion;
  • its continuous operation: 24 hours a day except weekends, i.e., trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
  • the variety of factors that affect exchange rates;
  • the low margins of relative profit compared with other markets of fixed income; and
  • the use of leverage to enhance profit and loss margins and with respect to account size.
As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements,[3] as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion.[4]
The $3.98 trillion break-down is as follows:

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