If moderna release positive data, guess what will happen to the oil price!! History will repeat itself!! Most of the expert make their decision base on data and historical record!!

The last vaccines data released from pfizers had spiked the oil price and Serba jump!!

https://www.google.com.my/amp/s/www.timesnownews.com/amp/health/article/covid-19-vaccine-update-moderna-likely-to-release-crucial-data-soon-sanofi-says-jab-won-t-need-supercooling/682337

My big announcement is coming by today or tomorrow!! Moderna is goind to release their trial data soon !!

RM 6.000 look achievable now !!

Believe it or not !! When EPF and investment bank team up, it can make or break you !!
Just stay tune to all the sorrow by the end of this week !!

Take care to all the believer !! Trust you guys had earn quite a bit recently, it is time to give back some !!

In addition, most of top glove warrant is over priced too and is going to expired in Dec !!! Trust the bank who issue the warrant, will try to pull down the mother share price in order to minimise the pay off of the warant !!
This is not looking good for Top Glove now !!

EPF can be your best friend or worst enemy !! Believe now, they are throwing ...
With this substantial dumping, trust this week is going to be down week!!

I doubt anyone here have any insider knowledge in the company !! So what, make you any different from all the other SKL ...

By the way, there is a big announcement coming !!

Didnt people expect it to fall again ?? Make it fall la ... So that i can come in more!!

@rkgfantasy
I was wondering so how many share you still hold ?? I forgot you just bought back in again ... haha

A valid option!!

https://www.theedgemarkets.com/article/fauci-says-pfizer-vaccines-trial-success-may-boost-acceptance

https://www.theedgemarkets.com/article/fauci-says-pfizer-vaccines-trial-success-may-boost-acceptance

https://youtu.be/rbS3dP7RITM

How legit is this ?? If it is true, then retail buyer stand no chance !!

@Mabel Any news on Oil and Gas industry before OPEX+ meeting at the end of the month ?

Not forgeting!! To those who lost confident in Serba, and is still holding... Pls do yourself a favour And Throw!! Looking to sapu at around RM 1.5ish ...LOL

@Zuliana Love your enthusiasm but your exaggeration is so beyond reality that is hard to believe ... 10 fold gain?? If that is the case then Serba might be the next Petronas !! Which I believe might be, maybe in a few decades of performing !!

That bawang man had been keeping his share recently, Suspect that he might know something about the QR which is coming out in the next couple of weeks!! Looking forward for the next few week, anticipate that there will be a big goreng next week and the week after!! It is time to fly again!!

Plus, with all the kacang putih out of the way... We know that the share will be more stable and that is only matter of time before a rally start again!!

Is always a good thing, when the management is loading on the mother share in order to safeguard the share price regardless of where he get the fund, even when the fund come from sacrificing a warrant!! This proved that the mother share price is below the management expectation and they are willing to do what ever it takes to raise it!! Similar to Top gloves situation !!

When serba rally next week!! I can bet that those who claim they sold now, will come out again and say they are still holding!! Just so to save face~~

Those that sell are just ball less short sighted kacang putih!!
They overlook the QR announcement, Opex meeting, Biden declared as President and O&G end year maintenance scehdule!!

Sell la ... and leave cause you will be disappointed in next and the following week!! Goreng session before QR announcement as well as before OPEX meeting !!

The griefer is winning while the believer is in denial !! With positive vaccine reinforcement from WHO!! Another gap down for glove counter!!

Every of the expert had picked Serba as one of the best O&G company there is !! Why would you want to doubt them?

https://www.thestar.com.my/business/business-news/2020/11/12/earnings-downside-risk-remains-for-oil-and-gas-stocks

Earnings downside risk remains for oil and gas stocks
ANALYST REPORTS
Thursday, 12 Nov 2020 10:57 AM MYT


“We take the view that Petronas has been slow to cut costs as it continues to face multiple challenges despite having an ample cash buffer of RM168bil (helped by the recent US$6bil bond proceeds). Hence, contract deferrals remain as a key impact to the earnings outlook for the sector, ” it said.

KUALA LUMPUR: Earnings downside risk remains prevalent for oil and gas stocks due to contract deferrals, according to UOB Kay Hian Malaysia Research’s channel checks.

In its report on Thursday, it pointed out Petronas has benchmarked itself to an oil price of US$40/bbl, which is also its sector assumption.


“Nevertheless, oil market headlines may be increasingly bullish, led by vaccine progress and Opec+ policies, ” it said as it retained its market weight for the sector.

However, the research house sees trading opportunities. Fundamentally, it likes Serba Dinamik as the best proxy to recurring maintenance.

To recap, UOB Kay Hian Research said oil prices may run ahead of fundamentals. Continuous newsflow of vaccine developments is supporting themes of border reopening and easing lockdowns, theoretically supporting an oil demand recovery, though this is weighed down by new waves of Covid-19 infections.


It also said the decision by Opec+ in end-November whether to extend or deepen the current output cuts, coupled with ongoing crude stock draws are expected to be positive for oil prices.

These factors may result in oil prices running ahead of consensus expectations of US$47/bbl and US$50/bbl for 1H21 and 2H21 respectively.

To note, EIA just reduced its 2021 forecast to US$46.6/bbl. UOB Global Economics & Markets Research and the research house’s base case oil price assumptions are more conservative at US$40/bbl.

“2H20 sector earnings may still contain downside risk. Despite some companies guiding for a quarter-on-quarter (QoQ) recovery in 3Q20, our channel checks suggest local upstream activities continued to be lacklustre, hence, 3Q20 sector earnings still have downside risk, ” it said.

First, the active local rig count in 3Q20 appears to be similar or slightly worse QoQ.

Second, deferrals of some non-essential works have been intensified, likely to 2021, in view of Petronas’ ongoing cost cuts.

“We take the view that Petronas has been slow to cut costs as it continues to face multiple challenges despite having an ample cash buffer of RM168bil (helped by the recent US$6bil bond proceeds). Hence, contract deferrals remain as a key impact to the earnings outlook for the sector, ” it said.

UOB Kay Hian Research retained its market weight with upside trading bias with Serba Dinamik as its top pick.

“We continue to base our sector valuations on US$40/bbl oil price which factors in a recovery in oil demand. We still advise against purely investing based on oil price momentum, and avoid stocks that are dependent on Petronas’ local contracts.

“Some bottomed-out stocks offer trading opportunities, for example, MMHE on the revival of project bids like Limbayong.

For large caps, we prefer Serba Dinamik over Dialog as the best proxy for maintenance works. For the latter, we advise a wait-and-see approach, given that Vopak recently disclosed a negative statement on the Pengerang storage assets’ earnings volatility.

“Upgrade Velesto Energy to Hold with an unchanged target price of 12 sen (Entry: 11 sen). Valuation has adequately priced in the falling utilisation in 2H20 although we expect the industry rig utilisation may be nearing a bottom, assuming Petronas will replenish the rigs with short term contracts in a stable more than US$40/bbl oil price environment.

“For MISC and Uzma, we may review our recommendations depending on their upcoming results, ” it said.

One last thing... why encourage that cat person ?? you will never hear the end of her battle ship which i think is questionable... by the way, how is your glove ship ?? lol

Beside, today there is a lot of significant thrower in the market!! Suspect it is the contra player that is forced selling ... pretty significant amount at around 4pm... which is a good thingy, get the kucing kurap out of the way!!

By the way, pretty interesting how a person’s behaviour can influenced so many mixed feeling emotion...Again, Bawang is only doing his job, and that is to exit Serba Dinamik!! Take it easy!!

Can understand why bawang man is keeping his share for now because he know that something is going to happen and that will have an significant impact to Gas and Oil company!!

I had said before ... oil price will spike to $50ish/barrel !! That is why I challenged bawang to throw his share now !! before the real goreng began...

Why worry about Awang?? He is only doing his exit strategy!! Beside, He is holding about 2% of the company now... Foresee, he will be gone in couple months at most!! By the time, oil price will start to peak and we will fly to the bank!!

I believe the crashes is also a wake up call for many of the O&G players!! and I believe the leader in this company is one of those!! That is why it has been divesified into the tech industry!!

When oil price crash in third or fourth week of March, all of the gas and oil counter follow suit regardless of upstream or down stream!!

Most of the gas and oil guys keep silent with a bleeding wound!! Regardless of the current, they still have the hope that it will recover!! And rightfully it did...

now, it look brigther with the new commander of chief and vaccine hope!! With Opex meeting at the end of Nov... there might be a big boost coming!!

Just like Feng Shui, what come around goes around

This cat person really is a BIG Show Off!! Win already la ... ool

If wanna goreng, where can short bawang !! Bawang ... do your job le ... dont know where to park my extra extra ...

Awang ... if you are listening!! Pls come and throw now !! I am still hungry for more... lol

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D@mn!! Was waiting for it to drop below 4 before topping up !! Now, my patient is my biggest enemy!! F

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Let see how Serba respond when the oil price goes above 50/barrel in Dec

I hope the person who drag down the price, can drag it down more!! SO that I can top up more cheaply!! With good news on the vacine, foresee the oil price will spike this week ... In fact, it had already spike to 42ish/ barrel !!

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Oil price had declined is sub 40/barrel !!
S&P future drap ending a three days rally !!
All of this because of Biden overtaking Trump in Georgia and with him leading in Nevada... he would likely be the new president!! Market are not too keen of he becoming comander of chief!!

Anticipate US stock will dip today and will carry forward to next week!! And everyone know when US panic sell, rest of the world will follow path!! Comodity including crude oil will too...

Everyday Ar chi Ar cho ... complain this complain that ... you not sienz meh .... Do yourself a favour and sell la !!