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2018-01-15 11:30 | Report Abuse
margin account is the culprit
2018-01-15 11:29 | Report Abuse
we call it the herds mentality
2018-01-15 11:27 | Report Abuse
retail plays cannot match the big boys ( funds ) firepower
2018-01-15 11:25 | Report Abuse
unseen hands (behind Star weekend news ) everything is p[ossible. rehatch stories etc
2018-01-15 11:23 | Report Abuse
Q volumes can be misleading. both buyers and sellers can withdraw and cansell the quote without any penalty ( before the bids matches )
2018-01-15 11:14 | Report Abuse
UMWOG in its glory days was a 10billion dollar club member (read the edge write up) due to the collaspe of Oil prices and Petronas scale back on rigs utilisation. UMWOG was hit by currency and as well lower rigs rental and utilisation.
Oil prices drop from USD 120 per barrel to below USD 40 per barrel. GST was put in place to replace the sharp drop in revenue. Currently Crude oii has recovered from thier lows and trading at USD 65-USD 70 price range ( much higher than our country budgeted price USD 40 per barrel )
Expect more CAPEX from petronas
Shareholders are blue blooded GLIC. PNB and ASB ( Amanah Saham Bumiputra ) UMWOG parent company is UMW a conglomerate giant in is own right. UMWOG is not a pariah run of the mill. Hopefully we can see better days for UMWOG shares
2018-01-15 11:02 | Report Abuse
DUKE highway traffic is not heavy. takes time to mature. look at Lekas after 2-3 years traffic is only now picking up. you need mature neighbourd to spike up traffic volume
2018-01-12 16:22 | Report Abuse
Look at HY all the analyst targets fall below theiur share price. Yet HY gallop like a horse from $14 to $ 19 from 27 Dec till the start of NY ( a mere 5 days ) analyst will revised thier target price as and when the counter is up.
2018-01-12 14:51 | Report Abuse
previous uptrend reach 1.18 then drop back to 1,08. keep our fingers crossed this round got the power to push up
2018-01-12 14:02 | Report Abuse
small fish cannot move the market . U need a big shark to play pump and dump. the biggest pump and dump operators are the brokers aiding the owners. not u and me
2018-01-12 10:42 | Report Abuse
after the hula hula ( Ekovest ) seems falling back to sleeping mode
2018-01-12 10:40 | Report Abuse
tightly hold counters value rich but diffcult to trade. sometimes no buyers /sellers or the spread too wide. just my personal view
2018-01-12 10:03 | Report Abuse
need to have a breather. last few days overall market is bad
2018-01-11 16:03 | Report Abuse
PNB and ASB need to pay dividends before GE14. Cannot have lossess on thier books. ASB ( amanah saham bumiputra ) PNB Malaysia biggest GLIC Fund manager
2018-01-11 10:09 | Report Abuse
always better to listen more and talk less. if permissible always be patient and humble in our life.
2018-01-11 09:45 | Report Abuse
tough to buy and sell thru different brokers ( unless you are very very sharp ) and focus every minute on the window
2018-01-11 09:43 | Report Abuse
last minute buying in are all planned and instructed by big boys. retail brokers already sign out ( unable to match the trades etc ). remember UMWOG rights taken up by 2 big parties PNB and ASB. Both shrewd GLIC
2018-01-10 07:18 | Report Abuse
with higher oil prices.petronas will utilised more oil rigs for the downstream. umwog is the only 2 locsl player's. oil price us at usd 68 per batrel far higher than the usd 40 per barell previously forecast
2018-01-09 15:52 | Report Abuse
T+3 day. 4th day is force selling
2018-01-09 14:29 | Report Abuse
US is having their coldest weather spell in history. when you are cold you turn on the heater. Oil prices going higher due to demand and weaker USD. Not forgeting middle east unrest and the upcoming Saudi IPO
2018-01-09 14:25 | Report Abuse
US is having the most severe cold spell in their history. when you are cold. you turn on the heater. Oil prices is going higher ( demand and the weaker USD )
2018-01-09 11:58 | Report Abuse
election is coming. are u sure Oil is going up ( compare to 2017 ). are u sure FDI is coming back ( after net outlow and underweight in Malaysia ) you think MYR can appreciate. are u sure Petronas will increase their CAPEX ( oil price is higher ) UMWOG is the only 2 local jack rigs players in Malaysia. i need a magic crystal ball
2018-01-09 11:00 | Report Abuse
CP teh IS overbought. market has never see this frenized volume > 7 billion. of course there is profit taking ( reminds me of Icapital )
market overbought for the last 2 years. local players cannot account for this type of volume. FDI also play their part. now market hitting above 1830 target by midyear >1900 another upwards revision
2018-01-09 09:53 | Report Abuse
not necessary. alot of the unit trust funds ( still in the red after the launch ) high upfront fees plus Managment fees all eat into performance. must prepare to hold 4-5 years to see resulkt ( but new market developments may push the funds irrelvant ) and led to massive cancellations. UTC will not reveal all this poor statistics
2018-01-08 17:12 | Report Abuse
alot of block trades transacted for the past 4-5 trading days. something is coooking ???
2018-01-08 16:48 | Report Abuse
warrants high risk( high gain ). time factor and the conversion price is the key.
2018-01-08 16:33 | Report Abuse
agreed . rule number 1 never lose money. rule number 2 always follow rule number 1. rule number 3. let your profit run
2018-01-08 16:30 | Report Abuse
not necessary HY is safer than UMWOG. depends on your entry and price level. HY is owned by China's based company. UMWOG is owned by PNB ( Malaysia biggest GLIC )
HY is around > $17. Up from $ 6 to around > $19 plus. our poor UMWOG drop from > 1.28 to current level 45. if PNG wants dipose of the business. think what is the level ? they want to sell. only a magic crystal ball have the answer
2018-01-08 16:19 | Report Abuse
normal for sellers to delete off (once price matches ) changed and replace with a higher price )
2018-01-08 16:14 | Report Abuse
just started - after sleeping for so so so long
2018-01-08 16:07 | Report Abuse
1/2 hour closing . see any sparkles ( big boys ramp up )
2018-01-08 15:32 | Report Abuse
look at HY. from $ 6 up up to $ 20. logic, technical or chart cannot apply. just ride on the wagon
2018-01-08 15:05 | Report Abuse
bull run ( chartist or technical not applicable )
2018-01-08 15:04 | Report Abuse
opportunity never knocks twice. dont miss this counter
2018-01-08 15:02 | Report Abuse
robert kuok says dissecting charts same as dissecting corpse . Chartist ??? not applicable in a bull run
2018-01-07 22:32 | Report Abuse
pnb ramp up umwog to sell to the highest bidder. oil prices up. buyers keen to acquire umwog listed ststus
2018-01-05 11:01 | Report Abuse
good article
2018-01-04 23:37 | Report Abuse
why ? are we complaining. everyone who bot HY earn money $$$. up or down is normal. no shares can climb vertically. just wait for the uptrend when day traders flush out
2018-01-03 17:59 | Report Abuse
sleeping giant awaken from his slumber
2018-01-03 12:02 | Report Abuse
foreign exchange losses - ringgit strenghtened to 4.04 /4.05 as at 31/12 . just something to chew on ( if denominations against USD )
2018-01-02 14:57 | Report Abuse
there is no right or wrong. you can voice out your opinion. people buy or sell based on their individual judgment. nevertheless, HY is the star performer in 2017. what else to say. ??? HY ang pows gifts
2018-01-02 13:43 | Report Abuse
sold off HY last week. waiting for $$$. prefers to wait on the sidelines (after Friday roller coaster )
2017-12-29 16:48 | Report Abuse
keep our fingers crossed. HY closing for the year. ?
2017-12-29 07:13 | Report Abuse
PBB too little retail plays { look at HY } broad based push
2017-12-29 07:08 | Report Abuse
HY is xmas & Ny ang pow
2017-12-26 20:45 | Report Abuse
ekovest is used to fund Iwc projects. indirectly ekovest needs to borrow to fund its acquisition. shirt term negative { next 1-2 years ). longer terrms ? anything can happen to the market. many factors beyond our control
2017-12-26 13:26 | Report Abuse
edge write up- repeat of previous articles
2017-12-22 10:27 | Report Abuse
long holiday seasons. people need money to buy gifts and celebrate the festivities. looks like more profit taking coming
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2018-01-15 11:35 | Report Abuse
remember KYY ( he buys big using margin financing )