Profit taking already. It is normal for profit taking for stocks to move higher latter. Those short term and contra investors be careful. Large volume on monday and tue.

Just started today after consolidating for 3 weeks +. O&G bulls intact, at early stage of uptrend hopefully

Sold most Penergy... Add more Dayang. Likely will move latter. Rotational play.

Big investors sapu all RM 1.38. Still under consolidating. Need to have more patience. Once they collect enough, price will go up

https://www.theedgemarkets.com/article/oil-extends-1q-gains-tight-supply-economic-optimism

Perhaps Uncle KYY should write to Tun M and request government to do something about this stock market. Today CI dropped almost 1 percent while China, HK market up a lot. This year we are the only few countries in Asia with stock market dropping. When stock market is not doing well, the country economy is not doing well. Next election PH govt will collapse and BN will regain power. They must do something. Also silly IBs research that might have kill O&G bull.

Agreed with Unicorn. It is still cheapest among O&G stocks with proven 3 years contract.

Yinson and Dialog have stable income over the years and that is why their share prices can command better PE and premium. Dayang will have stable income over at least next 3 years as observed from their order books. Market will slowly adjust Dayang price upward sooner or latter. Yinson and Dialog seen overpriced and investors shall consider switch some to Dayang.

Dialog EPS is 8.46 sen latest 2 quarters. Annualised PE about 36 years, price RM 3.16

Dayang EPS is about 15 sen latest 2 quarters. Annualised PE about 30 sen or 4.5 years, price only RM 1.39

Yinson EPS is 9.51 sen latest 2 quarters. Annualised PE about 22 years, price RM 4.59

Dayang is better bet.

http://koonyewyin.com/2019/03/28/dayang-i-should-not-worry-about-its-daily-price-movement/

Dayang's son start moving up. Soon will be Dayang's turn after profit taking?

abang_misai: Take-Two Tales: Dayang vs SCGM

https://klse.i3investor.com/blogs/hhe/199826.jsp

Good comparison. Today just started the engine. Will be interesting to see tomorrow whether can break RM 1.50. Petra Energy and Naim already increased 15% since yesterday. Dayang seems to be laggard

O&G bull is intact. Construction stocks also started to move up due to Tun M visit to China. Volume just starting to pick up.

Today is first day of uptrend after more than 7 days of selling. Now rest a bit and likely will continue uptrend, look like big investors are accumulating..

Once big boys collect enough at low price, price will be pushed up again

Today Naim and Pnergy go up. Will be rotational play for Oil &Gas

Like abang misai comment : still collecting mah.

Most O&G counters including Naim go up quite a lot. Likely Dayang will follow afternoon

market sentiment is getting better. Naim up 15sen.

Naim, Dayang mother, has started to shoot up. Today likely Dayang, Carimin will go up also.

Sap Energy returned to black with all impairments done. Another taiko in O&G in the making. this is very positive for O&G bull which is just started...

Oil and Gas sector recovery is not over. In fact, it has just started this year. Dayang recovered first, price is still way below the high of RM 4 few years ago. Another recovery stocks will be Sap Energy which is going to announce improved quarterly performance this week.

Almost all O&G counters are waiting for Dayang to go up. Except for Dayang, the rests are almost all flat and done the profit taking...

I think profit taking will be over soon likely today and contra players shares will be absorbed. It just does not make sense for company with increasing profit prospect and mini bull of O&G to continue dropping. Trend will be similar to Carimin, at first it dropped from 90 sen to 75 sen when Koon sold his shares. Then slowly recover. Today price is about 88sen today.

Sap Energy share price slowly uptrend lately. O&G play is over yet... Big funds are buying at low for another up cycle. This is normal cycle of profit taking...

I think profit taking will be over soon likely today and contra players shares will be absorbed. It just does not make sense for company with increasing profit prospect and mini bull of O&G to continue dropping. Trend will be similar to Carimin, at first it dropped from 90 sen to 75 sen when Koon sold his shares. Then slowly recover. Today price is about 88sen today.

thurston... agreed with your view.

https://klse.i3investor.com/blogs/koonyewyinblog/198870.jsp

https://klse.i3investor.com/blogs/rakuten/198949.jsp

Big funds are absorbing those sold to take profit and panic sell caused by 3 IBs

Other O&G counters recover, all waiting for taiko Dayang to move...

Today most O&G counters are traded at their intra day high. Good sign. Tomo uptrend will continue

Guess today closing will be about RM 1.45. Real show will be tomorrow.

Trending up...afraid after today no more price below RM 1.38. Have to wait for next round, don't know when. Perdana, Naim run first...

If big boys want to move small cap up, they just need to move the leaders ie Dayang or perhaps FGV, Sap Energy, then most small caps will follow in a rotational play... can see many big funds are entering market nowadays and market are so hot, with high volume traded daily...Next month will be construction play when ECRL is approved when Tun M visit China. Govt should approve ECRLand petronas should approve more projects as this will be positive catalyst to the market. It is not so much on the costs to the country, but the chain effect and the whole market and economy going to benefit.

It is a big money to make!!!!

Funds and smart investors are not so foolish to end up cycle and mini bulls of small cap esp O&G and Construction Sector, especially now with increased retail participations and huge volume. Remember there are many funds and investors in the market.

Oil and Gas counters just started to have uptrend, supported by positive results and more petronas projects. It will be very foolish for funds to pull out at this bull market so soon supported by big volume and retail participation as they can make more money by continue to buy and push price up. Sap Energy, another tai koh is expected to announce improved results this month, will be another catalyst to push price up...

Any one know when will Sap Energy release quarterly report this month? If the results showed good improvement which is expected, will be very positive for share prices and other O&G counters

Any one know when will they release quarterly report this month? If the results showed good improvements, will be very positive for share prices and other O&G counters

Thanks Calvin... I think O&G stocks will go up after profit taking is over. Will be over soon. Today market quite stable...

Profit taking quite well absorbed. Will trend higher soon together with other small caps

Now not only Dayang get sold down, but almost all small caps. As of now, Dayang down 12%, Perdana down 10%, Sap Energy, used to be darling of analysts (TP 50sen) down 4%, MYEG down 3%, Masteel 3% etc

Bearing in mind that US, Hong Kong and China markets are in bull market

Now not only Dayang get sold down, but almost all small caps. Interesting to know what will happen next few days....

Mkt oversold especially small caps. Mr Market not so stupid to be affected by 2-3 analysts. Do you think they are so powerful to kill the O & G bull?

Small caps oversold, will recover very soon

2 analysts from Kenanga and Hong Leong so powerful meh... brought the whole mkt down today with heavy selling especially small cap stocks

Not only Dayang, all O&G counters fall. Dayang as leader fall the most. Oil and Gas companies just beginning to enjoy up cycle with more contracts in the pipeline by Petronas and other oil giants. Oil price also up yesterday at 3 months high. It is just profit taking. After consolidating, share prices will go up again for O &G counters which have turnaround with low PE.

Overall mkt sentiment is very poor today. Most non blue chip counters dropped today. Why

Price consolidating at RM 1.50. Will recover soon looking at the trend. Almost all O&G counters affected after Dayang drop in Dayang price because of Kenanga Report. I still remember almost all analysts gave higher fair value of Armada and Sap Energy before they clashed to currently low. If you follow them, you will lose easily 80%. Now they also gave higher target prices for these 2 counters. They might get it right one day. Armada and Sap Energy shares have bottomed and recovery in business will follow but they will be right eventually....

Want to buy RM 1.52 also cannot get as so many buyers...