surprisingly o&g only drop a little and some even close green when oil drop below 20

when bad news in but support good, thats means market has absorb the worst and ready to go higher

bought all in.... the worst for oil is over

wow, yday buy today profit.. thank you postman

next year 2 ringgit sure kambing !
_________________
Menurut laman web Pos Malaysia, kadar setem komersial akan dinaikkan sebanyak 70 sen menjadi RM1.30 dan mel berdaftar komersial naik 90 sen menjadi RM3.10.

Menurut Pos Malaysia, para pelanggan komersialnya yang terdiri daripada sektor perbankan, telekomunikasi dan peruncitan juga telah menyatakan sokongan terhadap kadar pos baharu ini kerana ia berpatutan dan memberi impak yang minimum terhadap operasi perniagaan mereka.

Ketua Pegawai Eksekutif Kumpulan Pos Malaysia Berhad, Syed Md Najib Syed Md Noor berkata, kadar baharu pos ini akan membolehkan syarikat mengendalikan kos dengan lebih berkesan untuk menyediakan perkhidmatan kepada lebih sembilan juta alamat di seluruh negara di bawah Obligasi Perkhidmatan Sejagat (USO).

but im expecting price will drop slowly if oil continue weak this week

tp .14 by friday

lucky for traders margin call force selling now has been eased out, if not many counter sure dive in

____________________
iv. Greater flexibility for brokers to manage margin accounts

The Exchange will give more flexibility and discretion to brokers by removing the requirement to automatically liquidate their client’s margin account if the equity in the margin account falls below 130% of the outstanding balance. Brokers will also not be required to make additional margin calls or impose haircuts on any collateral and securities purchased and carried in margin accounts due to an unusually volatile market.

since we have MCO, everybody stay home but postman and post office still do business.. thats good sign

good one bro kaq.. ha ha

apanama said for those hope oil drop below 20, DREAM ON... today im wondering whom is sleeping.. if he’s the one.. hope he wont wake up to see the truth..
___________________

apanama TAK1..thank you for Goldman Sach report article..thats why from beginning i said cannot trust Goldman Sach. When they said USD 20 Dollar thats mean Brent oil will go higher. So now they said USD 30 dollar. So it will go more Higher.

As for me i am stick to my own research whereby during USA Presidential Year, Brent oil will swing upwards within USD 20-30 dollar per barrel.

So based on current situation, Brent Oil will move from USD 27 per barrel to USD 47-57 per barrel. Add on manipulation and people start chasing the contract by another USD 10 per barrel and DXY Index cool off, we will easily see the Brent Oil back to USD 60-70 per barrel.

All the best market warriors. For those who still hope Brent Oil to break USD 20 and below, DREAM ON.
21/03/2020 6:45 PM

this week will be challenging, lets see how market will sustain and whether trump can really open business 1st may onwards

and when economic data start to surface, will market absorb the bad data and support or will it break for another dive

we shall see

and if it happen, should not miss the 2nd opportunity this time bcoz after this will no bottom fish anymore

if coming qtr can show some profit, then sky will be brighter

everyday see postman around so im buying 0.81~.0.84

20usd has come exactly as expected

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD
Mar 28, 2020 9:40 PM | Report Abuse

the lockdown effect will not be seen now, but from next month onwards where oil will be pushed near to 20usd

that will be the point to buy o&g stock, now is cash keeping

havent join yet, just wandering around while keeping cash.. heartache looking some rebound almost 50% and miss the uptrend... but still confident another opportunity will come

has said before the peak will be in april when all the surplus oil loaded to market.. here it comes
__________________
Mabel Panda when are you joining this ship?

Meow
21/04/2020 12:22 AM

demand drop 30%, oil cut 10%, need to cut 30% only market will find supply/demand equilibrium

question is whom gonna cut another 20%?

cash ready for sailang

start buying back at .14

below rm1 coming again? congrats those buy below 1 and sold higher

if not bcoz of bursa has loosen up regulation esp on margin call, force selling will no be hard as it used to be when market panic

fundamental will always prevail

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 1, 2020 9:45 PM | Report Abuse

even if opec and russia agree to cut supply, the bottleneck is yet to solve, no demand for oil and it will lasted for months to come

its gonna be a long fight market vs economy, if you dare to ride the uptrend so be it, but if you dont, just stay aside and wait for opportunity

market will not be a straight line

as expected

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 1, 2020 9:45 PM | Report Abuse

even if opec and russia agree to cut supply, the bottleneck is yet to solve, no demand for oil and it will lasted for months to come

only able to steal chicken at tomei and poh kong for dinner treats

ive been staying aside all the while, congrats those dare to go in and earn profit, me dont earn and losing either this round, all square

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 1, 2020 9:45 PM | Report Abuse

even if opec and russia agree to cut supply, the bottleneck is yet to solve, no demand for oil and it will lasted for months to come

gold price is attach to us dollars, when dollars depreciate, gold price appreciate.. when dollars is strong, gold will be cheap

the bet here is dollars going to depreciate bcoz the large amount of usd in market

if recession data become obvious and market react, gold price will go higher

have both tomei and pk, bought 2 days ago, tomei higher uptrend but low vol, pk slower uptrend high vol

stock market is design to cheat people, mostly retailers and small trader like us, when market is obviously bad and getting worse, dont get cheated when it rally up

US market going to plunge soon, abt time to happen, mid to end April should see the direction

buy at the peak of crisis, now still at beginning

uncle said low oil price will not affect dayang, this is the joke of the year coming from so called super investor

when oil price low, major oil will cut prod bcoz every barrel produce will be small margin/breakeven or even loss, means will get less income, so will less expense, so will less work order and charter tender out

if low oil price not affect dayang, why the past 5 years when oil was low dayang sitting on huge debt? if low oil price good for service provider, all of them should do well years ago when oil slump

just bcoz uncle has stake in dayang, he posted article to suit his agenda so he can profit from it. however it will not work bcoz this pandemic going to give him another lesson.. dont be arrogant, boasting for his past success and learn to be humble.. and stop making racist and stupid remark like our army should work at plantation.. shame on you

https://www.google.com/amp/s/www.nst.com.my/node/513098/amp

https://www.theedgemarkets.com/article/yinsons-ghana-fpso-terminated-amid-covid19

if currently sit in paper loss, better cl before more losses coming..

i have no share in yinson and no plan to buy highly dependent debt company

in time like this, the stock to buy is those have superb cash flow and trade at big discount price

Yinson slapped with contract termination.. bad news start to surface one by one. I lve been expecting this and many more to come if oil remain low

https://www.theedgemarkets.com/article/yinsons-ghana-fpso-terminated-amid-covid19

bail out by AK, not sure if AK can do it 2nd time... demand must up soonest b4 loan default, but demand would not come if global facing lockdown for months to come

if any of armada fpso call for shutdown, that will be the worst bad news ever to be avoided

even if drop to 0.1 high risk to collect, debt default might happen later

if someone can tell how much armada have to pay loan on monthly basis, that would help to estimate its capability to pay the loan in next 3 qtrs coming vs its cash flow

where u get this info 2.5m est bankrupt? now 6 mths no need to pay loan, after 6 mths things will started back to normal, unless you has loan default
______________
i3lurker with people forced to pay more to the bank

estimated 2,500,000 bankruptcies in Malaysia
01/04/2020 8:46 PM

0.25 sure will come, that will be the point when you should start to collect back and buy if it drop more

if the price sink further down, dont sell, just keep.. for a debt free company, hibscs should be able to stand still and rebound back next year

even if opec and russia agree to cut supply, the bottleneck is yet to solve, no demand for oil and it will lasted for months to come

if you watch enough, oil producer now have no place to keep inventory, just abt time they will reduce output and stop production

companies will start to cut cost, cut budget and facing losses, if you wait by then, you will have to absorb bigger losses

market will be bad for the next 2 wks coming then might be flat, be ready with your cash.. its would be a long period battle

https://youtu.be/iWNbam7EXgA

do watch this TA analysis for US market, very insightful on the bulltrap chart projection

patiently wait at .25

keep capital to buy back below 28c, worst market yet to come bcoz US dow still 20k, 15K pts will come soon

why not yet 80c? uncle margin call forget his hp no.. so cannot call..