Cyclical stocks comeback.

https://www.wsj.com/articles/cyclical-stocks-are-staging-comeback-11590399001

0.40 no lah..if its can exceed above 0.15 more than good enough. Let's break 0.08 first then we talk about rest..

Wow! So many speculator over here. Guys orion just start to join venture with Enrich mining and not earn any yield yet. Gold mining is not easy as we think...involved in lot of process just for few grams of gold, is that worth. Unless they already discovered huge deposit of gold beneath the area that they are digging. 700millions is just rough scale only. Just convert 700millions into the gold and imagine see how much gold you have to dig. I'm not saying bad but it is good bcoz orion trying something new...hopefully it give them good earning and boost up share price. What I'm saying is don't over excited.

USA threaten Chinese to agree with their T&C..that's why all this drama.

I think massive dumping due to oil price plunging down from 36+ opening this morning to 34+. People selling in fears. Correct me wrong. Meanwhile let's wait for qtr release before make any conclusion.

I dont see any reasons that Armada qtr is going to be bad. Jan - March Armada operating fine except after 20 March (covid pandemic strike world wide). Just like Velesto where the price plunged from 0.18c to 0.16+ . Fluctuations happened one day earlier and once the qtr report released, price ascend to 0.17c to 0.18c ( Now trading @ 16++ and I believed due to huge dumping and price correction happen). I feel Armada behave the same.. Just my strong instinct feeling not necessary it should be correct. Happy trading.

Qtr good results.. velesto boleh

Sapu after qtr result out. Price might plunging down further. After 18 June going to be very bad time for share market..just careful.

Take whatever market offer to you. You're not in position to set the price. Wait for next round.

Bumi Armada...put trust in AK. He know how to manage.

Sorry correction there..velesto trading not at 0.14c but trading at 0.35++. Wrongly type.

I believed this year sure got more contracts..matter of time. Once they announce it then the price move up drastically...hopefully it will materialize.

Badkarma you need to learn to control your temp and indecent words (suggest to change your name from badkarma to goodkarma)..tongue is boneless dangerous weapons. Anyway i hope god bless you...happy trading.

Con artist is barking now..siapa makan cili dia rasa pedas. Those who believed this guy will go to holland
Hahaha!

Recommend to people and let them bleeding to death

Badkarma hope you are not another con artist.

Velesto slow and steady..relax

Where is our friend tkl88 oil price break 0.32...he supposed to say
Huat ah! Hang ah! Ong ah!

Hehehe!

NFCP not active (I believed on hold for time being). Logically speaking, PN Government spend huge amount of fund during covid pandemic (MCO). Common sense, do you think Government willing to continue back NFCP plan at this critical moment...if I give you an optional, Nation is more important or NFCP plan is more important which one we choose...of course the first one. Do we really need NFCP when Nation having a serious crisis. I think you all wise enough to think by yourself. I'm not saying that NFCP will abolish completely. It will kick one day but not at this nearest time, maybe it will bring forward or postponed to another 3 years from now (hopefully). This is my opinion something things can turn virtual. Happy trading.
.

FCM100..true but Petronas talking on behalf of them especially for refinery Plant (Maybe Pengerang oil process). Different companies got different procedures including rigs operation. Petronas got so many downstream under them. Even if Velesto willing to operate but I dont think in 100% scale. Anyway, now we got some clear picture after make comparison to all data. Let say if Velesto gearing up maximum output during this MCO period then it is good enough to support its financial report except for the downfall of oil price (after 18 March onward). I really appreciate your info, this is the way supposed to be...share good thing in correct time, not blindly shoot. We all in same ship to support and help each other. Happy trading.

One day show bro...buy ape lah ni. The contract that destini received not enough to push the price further up unless there's another new contracts. Preferable Government contracts. Dont confuse the others

Jan & Feb, Velesto rigs in full operation until 18 March. MCO implemented on 18 March (if I'm not wrong)...so Velesto got 2.5 month of full operations. I believed 1st qtr even not favourable but not as bad as we think.
April onward , Malaysia Government imposed strict movement control. Only essential products manufacturers allowed to operate. That mean, O&G not in that categories and NO rigs operation start from 18 March to end of April. May onward conditional MCO implemented whereby most of the industry permitted to operate that included O&G sectors. Velesto lost 1.5 month in rigs operation for 2nd qtr....you all do the figure.

2) Brent still stable 29 - 30. Now due to supply more than demand + storage capacity issues + restrictions in flights and etc etc...but I believed the cloudy period will be over and oil will hit 35 ++soon.

Nevertheless, Velesto is still good company with strong back from Amanah and PNB. EPF out temporary and I believed their withdrawal from this counter due to the recent incentive scheme that announced by our PM. They need huge amounts of money to cater rakyat needs. Once everything settle, they will join back.

This is my opinions...Sept onward Velesto will shine again...but sometimes it can turn virtual.
Happy trading. Patience is key for all success.

Forever 1 & 1.5..aduhai!

Fly where, fly to the moon ha..break 0.18 pun semput - semput...lol

Chain reaction on Tuesday. Opportunities to grab more

CMCO extended till 9 June. China more new cases.

Go go destini... tak go pun. Hahaha

Crude even break 35....then why so many excitement

Meow meow

Qtr ???

Oil price just reach break even points for Velesto nevertheless still floating 29 -30.
Malaysia politic just awaken. Tun strikes back and matter of time once parliament reopen.

US news reports suggest White House officials have already considered the idea of cancelling all or part of the US$1.1 trillion debt owed to China. Dispute still going on in between US/China.

Qtr going to be bad...dont just see the crude oil only. Careful

Qtr going to be bad...dont just see the crude oil price only.

Or play hit & run with minimum profit.

Dont waste your time in this counter...they even get much major contract whatsoever theirs annual earning terrible. It will take time for this counter to move . Go to glove and o&g companies as crude oil soaring up and glove is trend now due to covid..just opinions

Waiting waiting until bleeding to death

Howta punya counter..damn

Cash rich but cant move since last year..damn

By end of this wk crude oil break 35...pak tak loo

Hope tomorrow move up further

Badkama what makes you sure EAH cash rich company. Can you link us some info