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2018-10-20 08:27 | Report Abuse
That's because FrankLim predicted it
2018-10-17 20:00 | Report Abuse
Looks like your chanting worked, FrankLim.
2018-10-17 19:58 | Report Abuse
Strong performance for the week. Looks like resuming temporarily halted uptrend.
2018-10-15 23:38 | Report Abuse
Sensible strategy. Patience is going to pay.
2018-10-13 03:29 | Report Abuse
Uh huh. DJ now up 256.75 (1.03%). But then, that might not mean much come morning. We shall see.
2018-10-13 02:48 | Report Abuse
Wonder when DJ is gonna stop shitting
2018-10-12 12:44 | Report Abuse
Ha ha. But don't forget. We have to cross Jalan 50 & Jalan 60 first.
2018-10-11 04:56 | Report Abuse
Wednesday KLCI went down 60+ points in early morning. Yet Reach did not collapse, in fact came back quite strongly. It is starting to show real character.
O&G is beginning to detach from KLCI & DJ, I reckon. Rightly so, too, becos O&G sector business performance is in reality not so much directly affected by what happens occasionally on Wall Street, or the rest of Bursa. It is only the investing crowd over-reacting.
2018-10-09 16:25 | Report Abuse
Daughter volume looks like catching up with Mother
2018-10-09 13:13 | Report Abuse
The trauma of Friday & Monday still weighing down on some people
2018-10-08 15:07 | Report Abuse
Reach qrtr profit result is not affected by relatively minor (e.g. like 1%) movements on DJIA & KLCI. Reach players, both short & long, need to keep reminding themselves regarding this point.
2018-10-05 17:22 | Report Abuse
O&G is eventually going to disengage from DJIA & KLCI. Becos these do not really dictate the profitability of O&G. O&G is not like infrastructure, construction, manufacturing etc. The major impactor for O&G is only oil price.
2018-10-05 15:22 | Report Abuse
But you can't switch off your head, Stockholm. Can't flush it into the bog either. It would still be working. Maybe overtime.
2018-10-05 13:52 | Report Abuse
"It's Iran, stupid!"
Trump’s Request for OPEC to Max-Out Oil Production May Backfire
https://www.bloomberg.com/news/articles/2018-10-04/trump-s-request-for-opec-to-max-out-oil-production-may-backfire
2018-10-05 12:55 | Report Abuse
Brent still strong. It's shrugging off the Dow rout.
2018-10-05 12:45 | Report Abuse
Positive review on Carimin by Fong Min Yuan in StarBiz today
2018-10-04 21:09 | Report Abuse
The capex of service providers is peanuts compared to that of producers.
2018-10-04 21:08 | Report Abuse
It eezz already moving toward 90. Broken through 85, already played briefly above 86. And the market is not majorly about fundamentals anyway. It is always, or at least a big part of the time, 75% about perception.
2018-10-03 23:24 | Report Abuse
That 75.4 price is for WTI oil, FrankLim. Brent oil is about US$10 higher.
2018-10-03 13:36 | Report Abuse
Oil still holding well around the 85 level
2018-10-03 11:55 | Report Abuse
Okay, guys. Calm down & chill. We will all defend the fort. Against all raiders, pirates & marauders.
2018-10-03 00:12 | Report Abuse
LOL. But that is just what so called 'consultants' often do for a living. Sell snake oil & cow crap.
2018-10-02 17:48 | Report Abuse
Won't be remaining below 50 for very long
2018-10-02 16:10 | Report Abuse
LOL. You guys should stop picking on Jeffrey Ng.
2018-10-02 14:35 | Report Abuse
If today closing 51 - 52, okay already. If 54 even better.
2018-10-01 22:28 | Report Abuse
OMG. I'm going to hear that DQ song in my sleep tonite.
2018-10-01 18:07 | Report Abuse
LOL. Classic DreamConqueror.
Posted by DreamConqueror > Oct 1, 2018 05:47 PM | Report Abuse
Mr. BowMan, dude. You are quoting from an article dated March 31, 2016?
So, when was the last time you took up a bow to hone back your old archery skills? It has really gone a bit rusty now. Or perhaps you are actually a time traveller from another world.
2018-10-01 15:32 | Report Abuse
LOL LOL LOL
Great mantra, DreamConqueror. Very magical sounding. And it's really working too.
2018-09-30 21:46 | Report Abuse
They are both good O&G stocks, at the current moment, Reach & Hibiscus. If have loads of capital, can take them both.
2018-09-27 12:12 | Report Abuse
A diamond in the rough, for sure. While the oil traders are now seeing US$100 oil in their sights. Possibly US$90 in 4th quarter, rising to US$100 in 1st quarter of next year.
Edge Markets even more bullish, predicting US$100 oil by end 2018.
https://www.thestar.com.my/business/business-news/2018/09/25/return-of-us100-oil-seen-by-top-traders/
https://business.financialpost.com/commodities/energy/major-traders-are-talking-about-100-oil-again
http://www.theedgemarkets.com/article/crude-oil-could-hit-us100-barrel-yearend-%E2%80%94-ihs-markit
https://oilprice.com/Energy/Oil-Prices/100-Oil-Is-Back-On-The-Table.html
2018-09-19 14:54 | Report Abuse
I only use candlesticks when there is a blackout, and TNB is slow in coming to the rescue.
2018-09-19 14:22 | Report Abuse
Could be that they'll be moving together
Stock: [REACH]: REACH ENERGY BHD
2018-10-25 12:42 | Report Abuse
Saudi currently in very deep shit politically. They won't be in organised enough condition to ramp up their oil production drastically to cover for Iranian shortfall. They are just talking big right now.