SHQuah I think collecting a lot now may not be a good call looking at the losses this company has incurred at the beginning of the year and lately. Yes the Opec meeting will not do very much in the short term cos there is still too much supply in the market at the moment. Read the Wall Street Journal Petroleum Report ... Maybe long term Petrol price may hike back up to US$50 a barrel? who knows...

stocksyndicate - I think you could be right. I was looking to buy into this share but the report of last year loss of 40 million ringgit without any dividend does not represent good news. The current rise in Petrol price - now swaying between 35-40 US$ per barrel may help a little. But if Petrol price continues to decline it would be bad for Alam and many other oil based companies.

Want to know what is really happening to this company? Read more unbias news report... http://theantdaily.com/Main/Borneo-Oil-s-gold-mining-gambit-raises-eyebrows

Bad news for Petronas - you guys are lucky to sell it for such a good price now wait longer and see all hell break loose.

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=604067%3Anajib--co-burn-up-more-money-petronas-rm160-billion-mess-making-global-headlines&Itemid=2#axzz3ngkMKIIw

Petronas Catastrophic Safety Issues in Canada.
http://business.financialpost.com/news/energy/energy-giant-petronas-which-plans-project-in-b-c-faced-catastrophic-safety-issues-at-home

7 Million Ringgit Stolen from AAX accounts. I hope that bastard get's caught and put in jail for the rest of his life. Got to be a Malay Muslim executive, knowing how greedy they are.

What do you think will happen if Oil price drops down below 40Cents again? Which is very likely considering the volatility and unstable environment of world crude oil prices.

The problem is no one knows where the bottom is and if you buy low and it falls further, it will be like a knife falling on you. Not sure it is wise to collect now as the petrol prices is still unstable and going up and down. Stability is not there yet....

It is going to get a whole lot worse before it starts to get better. The trend now is sell and everything else is sliding ... bad time to buy.

It is going to get a whole lot worse before it starts to get better. The trend now is sell and everything else is sliding ... bad time to buy.

It is going to get a whole lot worse before it starts to get better. The trend now is sell and everything else is sliding ... bad time to buy.

It is going to get a whole lot worse before it starts to get better. The trend now is sell and everything else is sliding ... bad time to buy.

People are asking, is that the bottom pirce? Obviously it is not.. it will get a lot worse before it gets any better. Buying now when you think it is low any good? Far from it. Be warned... Oil prices are very Volatile at the moment and risky...

People are asking, is that the bottom? Obviously it is not.. it will get a lot worse before it gets any better. Buying now when you think it is low any good? Far from it. Be warned...

Armada can drop to 70cents by mid December... inside info...

Jolin is right - money does not come easy, it is more than a hunch, more than what most people think, it is the current facts before you if you care to make the effort to find out everything...

Already sold all, make sure you buy a lot can't wait to see your face when it hit 33 cents. ..

World crude oil will most likely dropped to us$35 per barrel and this share will be .25cents soon - that is part of market forces at work and we can't do anything to stop it.

I got a very strong feeling it will hit .33 cents in Mid-December. Wait for my forecast to come true. This is not my desire but an outcome that no one can stop cos of the current market forces.

Money is not a game - if it starts dropping people start losing money big time...

Like I said, it will get much worse before it gets any better. The current outlook is bleak with many economist predicting the World Crude Oil will dropped to US$30 a barrel, right now it is at US$42. It will take a while yet before O&G will recover but most predict it will stay or hover between US$60 to US$75 in the future...

Like I said, it will get much worse before it gets any better. The current outlook is bleak with many economist predicting the World Crude Oil will dropped to US$30 a barrel, right now it is at US$42. It will take a while yet before O&G will recover but most predict it will stay or hover between US$60 to US$75 in the future...

Like I said, it will get much worse before it gets any better. The current outlook is bleak with many economist predicting the World Crude Oil will dropped to US$30 a barrel, right now it is at US$42. It will take a while yet before O&G will recover but most predict it will stay or hover between US$60 to US$75 in the future...

Like I said, it will only get much worse before it will get any better... World Crude Oil price predicted to drop to US$30 a barrel, right now it is only US$42... more damage to come... hmm

World petrol price go down to US$20? that is not possible but some crazy analyst believed in it. I personally think the worst scenario is like us$30 - us$35 per barrel and that is a more realistic figure. All the counters dealing in petrol and gas are very badly affected. Like I said, it is going to get worse before it gets any better.

The reality is that it is going to get much worse before it gets any better. The current lack of confidence due to Najib's messing up of the ringgit, the huge debt of Malaysia also caused by Najib's swindling and the biggest reality, the coming influx of more World Crude Oil from Iran will cause a more supply than demand reality. This in itself will cause Petrol price to be low for a few years. If you lack patience, don't waste your time with Shares dealing with Petroleum.

The reality is that it is going to get much worse before it gets any better. The current lack of confidence due to Najib's messing up of the ringgit, the huge debt of Malaysia also caused by Najib's swindling and the biggest reality, the coming influx of more World Crude Oil from Iran will cause a more supply than demand reality. This in itself will cause Petrol price to be low for a few years. If you lack patience, don't waste your time with Shares dealing with Petroleum.

The reality is that it is going to get much worse before it gets any better. The current lack of confidence due to Najib's messing up of the ringgit, the huge debt of Malaysia also caused by Najib's swindling and the biggest reality, the coming influx of more World Crude Oil from Iran will cause a more supply than demand reality. This in itself will cause Petrol price to be low for a few years. If you lack patience, don't waste your time with Shares dealing with Petroleum.

Yes quickly buy buy buy when it is low and make heaps of money...

Yes quickly buy buy buy when it is low and make heaps of money...

During the time of adversity there is money to be made.. a very good time to buy when it is so low now..... hmm

A good time to buy? make heaps of money when it jumps to $3.60?

HA HA HA HA HA - Wonder if people know that 35 million barrels of Crude Oil is about to flood the market in a few months time ... HA HA HA HA HA...... THIS IS THE BIGGEST PROBLEM EVER. Recovery is like 9 months away...

HA HA HA HA HA - Wonder if people know that 35 million barrels of Crude Oil is about to flood the market in a few months time ... HA HA HA HA HA...... THIS IS THE BIGGEST PROBLEM EVER. Recovery is like 9 months away...

HA HA HA HA HA - Wonder if people know that 35 million barrels of Crude Oil is about to flood the market in a few months time ... HA HA HA HA HA...... THIS IS THE BIGGEST PROBLEM EVER.

Wait for 25cents ... seeing is believing..

Wait for 25 cents ... see and believe.

Conmam you are right this Goodcompanies is a Conman who works for AAX and keep saying to everyone how good AAX is and encourage everyone to keep buying their shares many got burned cos of this Donkey... he totally cannot be trusted.

Perisai sudah lau sai... It will hit 40 cents for sure.... just observe.. .if you want to buy now just buy but I will wait...

AAX Share so cheap anyone can buy, just like supermarket ad - low price everyday ... makes you want to laugh and cry at the same time ... LOL... I know many people got burned like me...

All international Board Counters are RED, Oil pressure upwards but economy pressure downwards

jolie2 you sound like Armada Promoter - I hope they pay you well. What happens if Oil suddenly drop? then what? How do you know Crude Oil will continue to rise? What happens if it drops?

US dollar will also drop for sure..

I just found out - Crude Oil reasonably good at us$58 a barrel but World Economy is bad that is why nothing is moving - Japan economy Shrinking, US housing lousy, unemployment going up, people fear market will crash, so people are all very cautious now - I ask the stock trader he says looks like bad times are coming, people are very cautious...

Can still go lower ... don't believe me? wait and see

Wait two more months and see what will happen to the Crude Oil price... get ready to LARI KUAT KUAT.... LOL it would be like trying to find a toilet when you are busting...

fatty tang has a good point that is why I only buy 10 lots not more.

Saudi Arabia Oil
http://247wallst.com/energy-economy/2015/05/03/saudi-arabia-tapping-wealth-fund-to-maintain-low-oil-prices/

Saudi Arabia Oil
http://247wallst.com/energy-economy/2015/05/03/saudi-arabia-tapping-wealth-fund-to-maintain-low-oil-prices/

Saudi Arabia Oil
http://247wallst.com/energy-economy/2015/05/03/saudi-arabia-tapping-wealth-fund-to-maintain-low-oil-prices/

Saudi Oil
http://247wallst.com/energy-economy/2015/05/03/saudi-arabia-tapping-wealth-fund-to-maintain-low-oil-prices/