O & C Resources Bhd has acquired a substantial stake in Masbe Coffee Sdn Bhd (MCSB) for RM 5 million, paving the way for the company to develop a piece of land on Jalan Yap Kwan Seng into a project with a groos development value (GDV) of RM204.94 million.

TengkuFaisal, what price again u want to sell off? quick profit?

TP, done 30lots at 0.310, joined in too.

TP, not as genius as you. You are really good at "take quick profit", one word : pro. So, you still buyback this counter or wait n see?

TF, what u said are so true ! Gonna learn from you.

This counter is one way flying up the sky..

'Too Low' Crude Prices Seen Rising to $80 in 2018 by Statoil
Crude prices that have almost halved in the past year are unsustainable at current levels as cuts to investments and postponement of projects will lead to a decline in supply growth, according to Norway’s biggest oil company.
“We think that the price level now is too low,” Eirik Waerness, chief economist and vice-president at Statoil ASA, said in an interview in Singapore on Thursday. “Some people will stop exploring for oil. With oil prices around $50, you get a stimulus for demand growth. That will tighten the market.” Crude is expected to climb to $80 a barrel in 2018 and increase gradually after that as existing supplies get used up, he said.
Oil slumped more than 44 percent in the past year as U.S. stockpiles expanded at a time when OPEC producers bolstered output to retain market share, exacerbating a global supply glut that the International Energy Agency estimates will remain until at least the middle of 2016. Producers hurt by the collapse in prices have had to fire workers, cancel projects and sell oil fields to conserve cash. Statoil on Wednesday announced cuts to planned investments in 2015 by $1 billion to $16.5 billion.
“The question is how much of the current change in the industry will lead to long-term cost reductions,” said Waerness. When “demand becomes larger than supply, and we will start drawing down storages. The market will suddenly realize that there’s very little spare capacity out there.”
West Texas Intermediate for December delivery fell 21 cents to $45.73 a barrel on the New York Mercantile Exchange at 1:40 p.m. Singapore time. Prices, which were last above $80 in October 2014, have decreased 14 percent this year.
Cost Cuts
Statoil also delayed the start of production at its Aasta Hansteen and Mariner fields to the second half of 2018 from 2017, the Stavanger-based company said Wednesday in its quarterly earnings report, joining competitors including BP Plc seeking to protect shareholder payouts.
U.S. crude inventories increased for a fifth week through Oct. 23 in the longest run since April, while refinery operating rates rose for a second week, Energy Information Administration data showed Wednesday. While supplies are more than 100 million barrels above the five-year seasonal average, the oil glut is now being sustained by production outside the U.S., according to Goldman Sachs Group Inc.
The Organization of Petroleum Exporting Countries, which supplies 40 percent of the world’s crude, continues to pump above its collective target. Saudi Arabia, the world’s largest oil exporter, is storing record amounts of crude in its quest to maintain market share as it cut shipments. The United Arab Emirates is committed to its role as a responsible oil supplier and is not panicking about the price, Energy Minister Suhail Al Mazrouei said Wednesday.
“The underlying trend is that it’s going to come up, but it’s going to take a while,” Waerness said, referring to prices. “One of the reasons why it takes a while is because the storage is too high, and therefore the price mechanism doesn’t really work.”

1.310 gonna finish soon, got people slowly collecting..

Well, maybe is equal 50/50 only. Just like what u said, anythings will happen next, we dunno. But take in long term consideration,is positive. If looking for short term earn, better at XOX, or IRIS nowadays also not bad. Hope for the best, as aldy invested, gonna trust it.

Today touched High 1.320, keep on sustain at 1.300 and above is a good sign, waiting for another breakup.

Any low, accumulate and wait for the next QR.

Good move today..

Yet again is time for accumulate..Buy..

Global crude oil up, is time for perisai to rebound up too.

AhHuatblackkopi, well..at least he try hard to promote tis n tat, got somethings to see..haha.

richkid now at Wintoni, asking people to buy.

Their TP will change according form time till time, can't be 100% trust.

SHQuah and vc1922, gonna agree with both of you. Oil prices will never forever low. Short term pain, long term gain. As long as global crude oil rebound, perisai will goes up.

Patience, buy at low and wait for a reverse U-turn. It will never one side down. Short term pain, Long tern gain.

EcoWorld-Ballymore, a UK property joint-venture (JV) firm which is majority-owned b property magnate Tan Sri Liew Kee Sin, has emerged as the winner of the MIPIM-UK Awards Inward Investment Deal of thr Year for 2015.
EcoWorld-Ballymore is a JV between Malaysian-owned Eco World Malaysian-owned Eco World Investment Co Ltd and the Ballymore Group, an international property developer based in the UK.

This Hovid engine is going to move again..

Chang: Property still a good buy during gloomy times
KAJANG: Despite current economic uncertainties, property investment is still undeniably a good investment as it has enjoyed a good capital appreciation for the past five years, Eco World Development Group (EcoWorld (Valuation: 0.90, Fundamental: 0.85)) chief executive officer Datuk Chang Khim Wah said at the Eco World Conference yesterday.

He said the National Property Information Centre’s data shows that Malaysia property’s capital appreciation compounded annual growth rate (CAGR) for the past five years is 9.4%. Capital appreciation of properties in the Klang Valley, Johor, Selangor and Penang have a CAGR of over 10% for the past five years, this shows that property is still a better way to hedge against inflation.

“The increase in working population and rising wages have contributed to the strong market demand. Homebuyers are looking for products in the right location with good connectivity and right pricing,” he explained during his presentation at the conference.

Chang added that the company has received unbilled sales of RM3.98 billion as at August 2015. EcoWorld is on track to achieve the RM3 billion sales target this year, and its revenue has reached RM2.37 billion for the first eight months of this year.

Meanwhile, the company unveiled its Mellowood park homes, the fifth phase development of Eco Majestic in Semenyih, with a gross development value (GDV) of RM290 million yesterday.

Chang said the new phase offers 306 units of two-storey terrace houses, with selling prices from RM900,000.

“There are two layouts for Mellowood terrace houses; measuring 22ft (6.7m) by 80ft and 24ft by 80ft, built-ups range from 2,600 sq ft (241 sq m) to 2,900 sq ft,” he added.

This is also one of EcoWorld’s Limited Editions series, a range of specially designed double-storey terrace houses based on park home concept, which consists of 1,144 units of park homes in Klang Valley, Iskandar and Penang with a GDV of RM29.727 billion.

“Mellowood park homes have ‘relocated’ the car porch to the back of the house. By doing so, the developer can transform the front space of the houses into garden areas, providing residents green space for fresh air and outdoor activities,” he said.

I agree with richkid "chase at the lows...not at the peaks"..

Super Esreram ! Gosh...fly till the sky..

Any low from now is a good to buy.

Next coming QR should be on 5TH OF NOVEMBER 2015.

Construction sector main beneficiary of Budget 2016
Continued investments in projects such as the Refinery and Petrochemicals Integrated Development (Rapid) in Pengerang, Johor, the Pan Borneo Highway, mass rapid transit 2 (MRT 2), light rail transit 3 (LRT3) and flood mitigation will provide further boost.

Popcorn, +1 here, I totally agree with you. Valuecap is just a talk but no action matter.

Near term surely will breakup 0.500 for Hovid, 0.305 for Hovid Wb.

Strong Suncon ! Fundamental + Technical All Positive.

Maintain buy for Suncon ! Touched high 1.350 (New High)

Probably going to breakup 1.350 by today..

Flying mode on, go go go Suncon !

1.310 now ! Going to move up higher..

Nice, closed at 1.290 !

haha, no worry..the day is still young !

Hopefully KNM will breakthrough 0.550..as mostly all others Oil n Gas counters following its footstep.

Good ! Awaiting Suncon to achieve new high soon, haha. Tp 1.400

Strong Suncon!

Suncon touched a high of 1.280, will breakup 1.300 soon.

Require patience, but surely Eco World will go up in the coming future.

Date Announced - 20 Oct 2015
EMPLOYEES PROVIDENT FUND BOARD
Acquired 15 Oct 2015 --> 554,500
Direct (units) --> 209,193,000
Direct (%) --> 8.848

Oil & commodities short term will fall, almost time to grab some.

Maintain BUY for Hovid - Hovid Wb.

Time to buy..

Hovid / Hovid Wa engine is moving north way !

Suncon, slow and steady up..

Maintain Buy ! Potential to break 1.270 soon and move up higher.

Any point from now is a good buy.

Buy low now, Sell high in the coming future.