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2016-08-19 07:39 | Report Abuse
The volatility in crude oil and fall in oil and gas (O&G) share prices have opened a window of opportunity to trade beaten down stocks, according to Maybank Investment Bank Research.
“We upgrade Icon, Perisai Petroleum Teknologi Bhd, SapuraKencana Petroleum Bhd (SapKen) and UMW O&G to trading buys with unchanged target price. These stocks, in our view, are oversold, attractively valued, high beta proxies to any potential rebound in oil prices and weaker US dollar,” Maybank IB said.
2016-08-19 07:13 | Report Abuse
Watch out for umwog-c4. Still cheap at 5 sen. Expected to go 10 sen soon.
Strong Demand And a Weak US Dollar Has Helped Oil Sky Rocket!!!!
Thursday saw the price of WTI Crude Oil push ever higher on the back of a weak-dollar after Wednesday’s FOMC Minutes. Oil likely got an extra boost thanks to EIA numbers showed a ~3.5Mln barrel surprisefor Crude Oil Bulls. Thursday’s gains added to Crudes longest days of consistent gains in a year.
The recent price action in Crude Oil has been impressive. The 22%+ rise in the price of Oil from the August low of $39.17/bbl has re-encouraged commodity Bulls that we could be leaving behind the discouraging market of the last two years. Another encouraging sign was the Inventory Data released Wednesday by the IEA.
Given the recent run up in Oil and breakdown in the US Dollar, if we’re able to break the formidable resistance of $49.25/bbl, we could be working on a potential retest and break of the June high of $51.64/bbl into new YTD highs.
World equity markets rose on Thursday, helped by a weaker dollar and surging oil prices that touched their highest in six weeks to lift energy sector stocks!!!!! BBBBBUUUYYY early!!!!
Don't miss the rally!!!!! Oil is surging!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://finance.yahoo.com/news/asia-stocks-rise-dollar-falls-003329659.html
2016-08-19 07:09 | Report Abuse
Annakku Today look out for umwog-C4. Still cheap at 5 sen. Expected to rocket to 10 sen. Monitor it brother. Oil is gila gila surging upwards... Today AAX might drop a bit to take a rest before resuming uptrend since T+3 already as the past 2 days volume is too high. Just like you eat 5 plates of rice, do you need to go to the loo?? LOL.
http://finance.yahoo.com/news/asia-stocks-rise-dollar-falls-003329659.html
2016-08-19 07:04 | Report Abuse
Strong Demand And a Weak US Dollar Has Helped Oil Sky Rocket!!!!
Thursday saw the price of WTI Crude Oil push ever higher on the back of a weak-dollar after Wednesday’s FOMC Minutes. Oil likely got an extra boost thanks to EIA numbers showed a ~3.5Mln barrel surprisefor Crude Oil Bulls. Thursday’s gains added to Crudes longest days of consistent gains in a year.
The recent price action in Crude Oil has been impressive. The 22%+ rise in the price of Oil from the August low of $39.17/bbl has re-encouraged commodity Bulls that we could be leaving behind the discouraging market of the last two years. Another encouraging sign was the Inventory Data released Wednesday by the IEA.
Given the recent run up in Oil and breakdown in the US Dollar, if we’re able to break the formidable resistance of $49.25/bbl, we could be working on a potential retest and break of the June high of $51.64/bbl into new YTD highs.
World equity markets rose on Thursday, helped by a weaker dollar and surging oil prices that touched their highest in six weeks to lift energy sector stocks!!!!! BBBBBUUUYYY early!!!!
Don't miss the rally!!!!! Oil is surging!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://finance.yahoo.com/news/asia-stocks-rise-dollar-falls-003329659.html
2016-08-18 20:57 | Report Abuse
Tomorrow not sure yet...Friday normally slow and price might drop a bit. Must wait and see.
2016-08-18 20:55 | Report Abuse
TP from Maybank Research is $1.25. Hold it tight.
http://www.thestar.com.my/business/business-news/2015/11/27/umw-oil--gas-upgraded-with-higher-target-price/
2016-08-18 20:47 | Report Abuse
Yesterday it was blocked at 11 sen...and it fell down back to 8 sen before rising up. So regret didn't sell to play 2nd round. Should have sold and buy back at 8 sen. So today sold all at 11 sen. Will wait and see tomorrow whether to buy back. The market is always there. No worries. Lock in profit first.
2016-08-18 20:35 | Report Abuse
Brent oil is going up to $49 per barrel. This is really a bullish sign.
2016-08-18 20:32 | Report Abuse
Looks like a inverted hammer. Just be cautious. Might be profit taking before resuming uptrend. Tomorrow T+3. Lets observe before further buying.
2016-08-18 20:23 | Report Abuse
From here, expect bias to be to the upside, with overhead resistance levels at RM1.09 (R1) and RM1.16 (R2). Traders may look to buy at the aforementioned RM0.98 (S1) resistance-turned-support, failing which further support is located at the RM0.875 (S2) floor.
2016-08-18 19:58 | Report Abuse
Very optimistic oil will shoot up coming soon. Buy now before it shoots past $1.20. Something is brewing...brewing in UMWOG. The salted fish has finally coming back to live!!!! Buy and keep.
Lets hope this is the start of UMWOG revival just like Thheavy rising up very quickly. A lot of big investors are starting to look into Battered big conglomerates like UMWOG. A reason buying of MBSB by a smart investor pump it up. Anyone see the value of UMWOG? Reasons for oil to be coming up :=
* Brent trades over $50 for first time since early July
* Crude benchmarks up nearly 20 pct in August
* Saudi Arabia signals output may hit record high
* Oil producers set to discuss output freeze in September
2016-08-18 18:06 | Report Abuse
Huge buying from AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5161409
2016-08-18 17:39 | Report Abuse
Coming ..... BEST time to buy UMWOG is now. 98 sen is the support level. Moving up anytime. A cross is detected meaning the price has stabilize at the current level. More uptrend expected in the coming weeks. UMWOG-C4 should break 10 sen level soon. Hold tight.
2016-08-18 17:36 | Report Abuse
Today’s reports of increased Saudi output come as former OPEC chief, Chakib Khelil, told Bloomberg that the heavyweight OPEC members Saudi Arabia, Iran and Iraq, as well as non-OPEC Russia, may be willing to agree on a production freeze because they have already grabbed all market shares up for grabs.
Following a downbeat early trade on Wednesday, oil prices began climbing shortly after the Energy Information Administration (EIA) published its weekly inventory report, which showed that crude oil inventories last week fell by 2.5 million barrels in the week to August 12, standing at 521.1 million barrels.
2016-08-18 17:32 | Report Abuse
Time to buy. Tomorrow gap up. Oil is going up.
2016-08-18 16:37 | Report Abuse
UMWOG is the one of the nation's biggest conglomerates. This is a blue chip. Have faith. I bet oil price will recover back to $100 a barrel. Natural resources cannot last forever.
2016-08-18 16:35 | Report Abuse
Soon Kian Don't worry C4 will rebound back to at least 10 sen sooner or later. Have faith.
2016-08-18 16:34 | Report Abuse
Get ready to rumble.....a matter of time. Should be coming....after the rain is the rainbow.
http://www.businesstimes.com.sg/stocks/malaysias-most-battered-stocks-look-like-bargains-to-top-fund
2016-08-18 16:05 | Report Abuse
Friday is coming again. Expect some profit taking before buying resume.
2016-08-18 16:03 | Report Abuse
Accumulate on UMWOG-C4. I think it will break 20 sen mark if UMWOG go higher and higher.
2016-08-18 15:58 | Report Abuse
Buy early. A small buy signal is indicating a change in trend. From down trend to uptrend. Be patience. As we move forward, we will see the changes. Sep meeting is important. Saudi and Russia will decide to control the production or freeze it to prop up the oil price. Oil is bullish. So is UMWOG.
2016-08-18 15:53 | Report Abuse
The worst is over. A lot of investors are buying back those stock battered badly by the oil price. As oil recovering above the $50 mark, we will see a revival of UMWOG. No worries. I bet my EPF savings on this stock. Very confident it will up above $1.50 by next month if oil is $60 a barrel.
2016-08-18 15:49 | Report Abuse
Buy as indicated by the charts. Support is at 98 sen. We are heading for an uptrend from now on.
http://klse.i3investor.com/blogs/kenangaresearch/102214.jsp
2016-08-18 15:35 | Report Abuse
Buy...Oil is going up again. No regrets.
2016-08-18 15:35 | Report Abuse
All time high was a whopping $4.63. When oil recovers, this stock will rebound strongly. Have faith. Hold tight.
2016-08-18 15:30 | Report Abuse
Its recovery time for UMW OG.
2016-08-18 15:08 | Report Abuse
Yesterday also same...suddenly sell like mad. All contra selling. So be ready for any rush to sell.
2016-08-18 15:07 | Report Abuse
Maybe take profit first. Tomorrow Friday might drop a bit before resuming uptrend. Buy back on Monday.
2016-08-18 11:50 | Report Abuse
Another wave of profit taking?? Yesterday CU dropped from 11 sen to 8 sen. Now we are at 11 sen again...
2016-08-18 11:22 | Report Abuse
My TP is 80 sen after QR release same like AWC.
2016-08-18 11:20 | Report Abuse
I expect today to close above 50 sen.
2016-08-18 11:19 | Report Abuse
Nobody wants to sell now. Selling now means later you have to buy back at a higher price. Beware.
2016-08-18 10:59 | Report Abuse
I rather buy AAX-cU or AAX. Those are fundamentally strong stock.
2016-08-18 10:58 | Report Abuse
How many trapped at 19 sen? People never learn. Be careful when chasing. This is a controlled stock.
2016-08-18 10:42 | Report Abuse
After lunch should break 50 sen looking at the strong wave. Big wave anticipating a Big jump after QR release.
2016-08-18 10:38 | Report Abuse
Sell AAX-WA can buy 3 AAX-CU. Look at AAX-CU increase 2.5 sen X 3 = 7.5 sen. Wa only increse 0.5 sen. See??? Sell now. Quickly get into CU.
2016-08-18 10:36 | Report Abuse
@derrtan sell your wa and move to cu. Cheaper.
2016-08-18 09:59 | Report Abuse
Today breaking 50 sen! Cepat2...
http://www.thestar.com.my/business/business-news/2016/08/18/airasia-at-3year-high/
2016-08-18 09:44 | Report Abuse
Last time AWC also big block at 47.5 sen ...then suddenly disappeared and 50 sen broken...it went very fast to 80 sen. See what happen to AWC now you will understand. AAX caught the big boys' eyes. Hold tight. Another big push will see 50 sen coming.
2016-08-18 09:16 | Report Abuse
Anakku don't keep asking..The chart clearly showed a bullish break out buy signal supported by strong volume. Did you learn technical analysis? Go and study. All the answers are pointing to a big jump. Buy and keep.
2016-08-18 09:14 | Report Abuse
After crossing 50 sen mark confirm bull run for AAX. AWC also the same.
2016-08-18 08:05 | Report Abuse
I support the author of this blog. Nobody wants to miss another flight. AAX is your answer.
http://klse.i3investor.com/blogs/trendingline/102376.jsp
2016-08-18 08:02 | Report Abuse
@Nigel Low Wow...This is great! Nice crew. More customers will be attracted to AAX. Stock price should jump above 50 sen today. Great news!! Everyone is anticipating for a BIG jump in profit.
I think the reason why is Big brother AAsia already $3 and sister AAX still at 46 sen. This BIG jump to 80 sen is long OVERDUE. BIG Investors are seeing the value$$ in AAX. Super undervalued AAX should be valued $1 now at 46 sen sparking a mad rush for investors to Buy.
AirAsia is due to announce its results on Aug 29 and AAX on Aug 23. So you are not too late yet.
Yesterday just the beginning of the rally. Today will be another big buy from fund managers.
I think it will be same like AWC and Comcorp or Emetall. All flying high gap up 100% after BIG earnings posted when QR was released.
http://www.thestar.com.my/business/business-news/2016/08/17/airasia-aax-jump-ahead-of-earnings-news/
2016-08-17 17:53 | Report Abuse
I also bought xox-wa at 6.5 sen for long term. No worries. Still holding. But today I bought also AAX-CU and it was flying high. So actually still a very good day. Tomorrow I hope both xox-wa and aax-cu will fly again.
2016-08-17 17:49 | Report Abuse
If AAX break the 50 sen mark then AAX-CU will be 15 sen.
Stock: [VELESTO]: VELESTO ENERGY BERHAD
2016-08-19 09:13 | Report Abuse
Buy now before it fly. Don't wait. Oil is surging...fast.