next week cautious market, bnm to review opr cut, if agreed then bank will retrace and drag bursa

next qtr will at least equal or more than the prev qtr, annually yoy will be very good

refinery is depending on uptrend oil price, as long as it continue goes up from lower position, you can hold as profit will be more

and gain from forex when usd is downtrend

and earn from crackspread when it +ve and hold inventory of crude at lower price

trader can take profit, investor can hold and ignore the volatility unless fundamental change (which is not for this year)

trader always remember to buy at low and sell on strenght

investor collect when its undervalue (due to profit growth)

next week it might fall again, so stdby your capital

next week below 50c, make up ur mind now, cut your loss small

bnm will review opr rate next week, if cut opr banks will drop and drag bursa, downtrend stock will sure kena hit again

its like the malay proverb, after you fell down, the ladder fall on you...

short tp .30c if no bad news disturb bursa

as long as oil price uptrend, sendai will be in good shape, it just need to work out its cash flow

it can be done when middle east have more money to spend ie higher oil price

in this case better trade what you see, small loss is better than big loss

customer cancel order is the opposite side of receive order from customer

when next qtr profit fall -ve (see JCY earnings history), you will suffer more

at first you might see price drop strong and rebound, over the days, it will slowly distributed and back to old day price before it rally

ive been through many JCY qr reports and sees their margin is very small, similar with counterpart notion (only make big profit with fire insurance and ppe news)

the price will be decided by market tomorrow but if you ask me, i will be the 1st to panic

wish tomorrow operator will support price (not a big hope)

nice chart.. operator luring retailer to jump in?

goldman forecast brent will be usd65 by summer (mar), since goldman has correctly predict prev cycle, i have trust on them

as you can see, the oil chart continue uptrend, that should give you idea what will be coming by mid to end year i.e. oil and gas will be coming back

volatility is the journey, opportunity for trader... for investor, destination is important

when i bought at 3.20 b4 qtr out, the signal came earlier when petdag and petron result out

this time we can do the prediction again next month, while waiting that, enjoy the roller coaster ride :

next week market will have another pressure, lets see if price can sustain

great ! uptrend continue

good closing for today, tomorrow target rm6

i wanna sell son .24, pls go faster, too slow

if you are trader, now is the time to enter and sell when it near to resistance or oversold

if you are an investor, buy now and keep till end year when 60-70% vaccination done and show lower covid case

i do believe oil can reach usd65 this year as projected by goldman

if short trade, see money take money, i prefer to wait at resistance or only sell when it >2.60

might reach resistance and might not, so have to make up your mind

just enter follow TA, green candle after bottom out, reversal trend should sustain with the rise in oil price

not sure if coming qtr will back to profit but jun’21 liftboard vahana arjun will be completed

hope arjun can secure contracts too at middle east with the recovery sign of o&g sector

oil price >50usd good for arabs oil company, they can spend more money especially UAE where sendai play

join the club, q .255 cannot get so i bought .26 x 200 lots test market

if drop, ave down at .24

market wise, very volatile, business wise very strong, so everytime it down, will uptrend back, need to have capital power to ave down and hold

if your ep is below 2.10, just switch off your acc and see it back in mar (unless market gap down)

it will touch the ATH again

buy on weakness was when you bought yday and few days back and sell on strenght start from today

only those with brave heart ignore the typical “dont catch the falling knife!” and collect when people fear

and those brave (confident with what they are buying) now sitting on profit while drink coffee watch the profit grows

cheers !

after hard fight couple weeks ago, now with ave 5.35, im seing 4 figure profit

thanks HY, still holding for next tp rm6

both HY and Petron up, end Feb HY >rm7 and Petron >rm6, what you need is patience

if you want to short trade, sell at strenght and hope it will drop back later, but might missed upside if it continue up

your own choice

apple has cut loss and fear buy back, afraid it will drop

i have said many many times, next 2 qtrs will be superb earnings for petron and for sure will get >20c div

when market down, its time to collect not to sell

this year will consistent 40-50m profit, what to worry, if drop lower collect, dont mad, when market rebound it will rebound too

short tp 2.25 this week

20c profit coming soon

those sold and yet to buy, dont wait until it hit 5.0 again only to enter

next coming weeks retail price for petrol/diesel will increase again, refinery profit will be higher whole Jan’21

then just monitor Feb and Mar price, if good means Jan-Mar’21 earnings (qr releaese in May’21) also will be good

im collecting 5.0 and 5.05 today, my 3rd inception ave 5.35

1st inception was 3.20 got 5 figure profit and second earn few Ks.

this time will only sell above 6.0

as long as chart going uptrend, just hold until trend change, it must stay above support 2.41 before hit next tp 2.80

but market very volatile now, if this week can hit 2.6, im happy to sell some and keep some for 2.7-2.8

TA people wont buy when downtrend, investor will buy and collect when have discount

when it hit 2.7, many sigh didnt buy when low, now already low, people want it lower

as you cannot get the lowest, collect batch by batch everytime down 5% is one method

hold pain for 1 month only, once qtr out pain will be gone

yes big problem, pls sell tomorrow, im buying

the lower it go, the more attractive it look considering next qr >100m profits

good, pls drop more, businesses as usual and no stay at home lockdown order, people still go to work and vehicle still moving around and need fuel

pls panic sell tomorrow

i collected 2.02 today, totally undervalue, the drop will be temporary, for sure next qr will be good around 50m, even if 40m, future pe still showing eps growth

not a total lockdown, business as usual except for non essential like tourism, people still can go to work and anyone can go out within 10km radius

as long as vehicle can move, petrol station not close, nothing impact refinery

yeah, collect when people fear and until we cannot collect anymore (no more money), he he

hope all HY collectors will make profit later

i monitored the price closely and see it didnt break 2.23, so take risk to collect above

TA wise, next resistance 2.73, still far away, below 2.40 still can collect and hold

today bought again 4.69

i have both, im greedy, petron can give me >20c div this year

my prediction is right and i managed to buy 2.25/2.27 this morning

tomorrow morning might have another drop (chance to buy on another panic sell) and then when pkp announcement is made and clear the worries, price will rebound

been reading a lot of news over the weekend, all industries player not agree lockdown but more to targeted lockdown and restriction on social/religious activities

rm4 coming? cant wait, sapu all

If below rm5, i buy another 50 lots

dont think will get below 2.10 as gov will not impose total lockdown

once announcement made, market will slowly absorb the risk and stock will move up

this is only local sentiment, asia region and US market still doing well

gloves buy follow TA uptrend (market has cover its growth) now follow sentiment only

HY buy bcoz recovery sector, future profit growth (like buying gloves before qr result out), earn both sides