BREAKING NEWS FROM BLOOMBERG

"Oil slipped further into a bear market as American factories and homebuilders offered the latest signs of weakening demand."

"Futures slid 1.1% in New York while London-traded Brent crude fell almost 2% as OPEC and its allies struggled to pick a meeting date to discuss supply cuts. In the U.S., the Federal Reserve found a record slowdown in June for New York State factories while sentiment among housing contractors unexpectedly dropped for the first time all year."

"West Texas Intermediate for July delivery closed 58 cents lower at $51.93 a barrel on the New York Mercantile Exchange. Brent for August settlement fell $1.07, or 1.7%, to $60.94 a barrel on London’s ICE Futures Europe Exchange."

BREAKING NEWS FROM BLOOMBERG

"Oil slipped further into a bear market as American factories and homebuilders offered the latest signs of weakening demand."

"Futures slid 1.1% in New York while London-traded Brent crude fell almost 2% as OPEC and its allies struggled to pick a meeting date to discuss supply cuts. In the U.S., the Federal Reserve found a record slowdown in June for New York State factories while sentiment among housing contractors unexpectedly dropped for the first time all year."

"West Texas Intermediate for July delivery closed 58 cents lower at $51.93 a barrel on the New York Mercantile Exchange. Brent for August settlement fell $1.07, or 1.7%, to $60.94 a barrel on London’s ICE Futures Europe Exchange."

BREAKING NEWS FROM BLOOMBERG

"Oil slipped further into a bear market as American factories and homebuilders offered the latest signs of weakening demand."

"Futures slid 1.1% in New York while London-traded Brent crude fell almost 2% as OPEC and its allies struggled to pick a meeting date to discuss supply cuts. In the U.S., the Federal Reserve found a record slowdown in June for New York State factories while sentiment among housing contractors unexpectedly dropped for the first time all year."

"West Texas Intermediate for July delivery closed 58 cents lower at $51.93 a barrel on the New York Mercantile Exchange. Brent for August settlement fell $1.07, or 1.7%, to $60.94 a barrel on London’s ICE Futures Europe Exchange."

BREAKING NEWS FROM BLOOMBERG

"Oil slipped further into a bear market as American factories and homebuilders offered the latest signs of weakening demand."

"Futures slid 1.1% in New York while London-traded Brent crude fell almost 2% as OPEC and its allies struggled to pick a meeting date to discuss supply cuts. In the U.S., the Federal Reserve found a record slowdown in June for New York State factories while sentiment among housing contractors unexpectedly dropped for the first time all year."

"West Texas Intermediate for July delivery closed 58 cents lower at $51.93 a barrel on the New York Mercantile Exchange. Brent for August settlement fell $1.07, or 1.7%, to $60.94 a barrel on London’s ICE Futures Europe Exchange."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

"Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside."

Beware of FAKE RUMOURS on COMPENSATION as sharks push up the price for them to offload

Do you think the GOVT will pay compensation now that NEGOTIATION IS DEAD and PRESBHD HAS SUED THE GOVT?

Its going to be a LONG COURT PROCESS moving forward...

Anyone got idea or news why other substantial shareholders are disposing their KAREX shares while Mr Goh keep on acquiring?

I understand that deposit payment for BM is due next Monday 17/6.

Is the amount RM1.2Billion? That seems to be A LOT of money.

Does IWCITY have the cashflow or banking facilities to pay?

What will happen to IWCITY share price if payment is not made then?

BREAKING NEWS FROM CNBC

"Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand."

"Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading."

"U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session."

BREAKING NEWS FROM CNBC

"Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand."

"Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading."

"U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session."

BREAKING NEWS FROM CNBC

"Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand."

"Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading."

"U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session."

BREAKING NEWS FROM CNBC

"Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand."

"Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading."

"U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session."

BREAKING NEWS FROM CNBC

"Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand."

"Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading."

"U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session."

BREAKING NEWS FROM CNBC

"Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand."

"Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading."

"U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session."

NEWS FROM THE STAR ONLINE YESTERDAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD61/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

NEWS FROM THE STAR ONLINE TODAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

NEWS FROM THE STAR ONLINE TODAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

NEWS FROM THE STAR ONLINE TODAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

NEWS FROM THE STAR ONLINE TODAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

NEWS FROM THE STAR ONLINE TODAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

NEWS FROM THE STAR ONLINE TODAY

"China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit."

"Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it."

"Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods."

SUMMARY

TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward.

CORRECTION in Oil & Gas counter likely will be coming soon.

"Seacera's quarterly report showed its net loss of RM102.15 million for the fifth quarter ended March 31, 2019 (5QFY19)"

"The group's revenue for 5QFY19 was only RM783,000. This brings its 15-month cumulative revenue ended March 31, 2019 to RM24 million, with loss before taxation coming in at RM154 million."

"Moving forward, the group said 2019 will be challenging, given its Practice Note 17 (PN17) status and insufficient cash flow to support its operations and the repayment of banking facilities."

Beware of FAKE RUMOURS. Its purposely created by some people for them to offload when price go higher.

KAREX been reporting reduced net profit for past year with only 252k net profit last QR. Top Glove wouldn't be interested to take over KAREX.

Its wise to sell while the price is still high pending suspension on 12 June 2019

Be RATIONAL guys. Oil price plunge to USD62/barrel.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Be RATIONAL guys. Oil price plunge to USD62/barrel.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Be RATIONAL guys. Oil price plunge to USD62/barrel.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Be RATIONAL guys. Oil price plunge to USD62/barrel.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Be RATIONAL guys. Oil price plunge to USD62/barrel.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Be RATIONAL guys. Oil price plunge to USD62/barrel & Perdana doing right issue at 0.26, yet people are buying above 0.30.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Be RATIONAL guys. Oil price plunge to USD62/barrel & Dayang doing right issue at 0.80, yet people are buying above 1.00.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys

Just in:

Trading in Seacera securities to be suspended from June 12 after it failed to submit quarterly report for period ended March 31, 2019.

Seacera going to have RAYA SALES this coming Friday!!

"KUALA LUMPUR (June 4): Trading in the securities of Xingquan International Sports Holdings Ltd will continue to be suspended until further notice after the company failed to submit its quarterly report for the financial period ended March 31, 2019 to Bursa Malaysia Securities by May 31."

"In an announcement this morning, Xingquan said pursuant to Paragraph 9.28 (5) of the Listing Rules (LR), if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes as stated in Paragraph 9.22(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer."

Will Seacera be the next stock suspended soon?

No QR released by END May by Seacera?

Must be very BAD QR.

Looks like Bursa will SUSPEND Seacera soon for not releasing QR on time

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

Carimin most likely DROP A LOT tomorrow.

I will sell first thing in the morning

Hi zerocool7199,

Come 22 July 2019, there will be no compensation from the Govt.

Thats why Prebhd is suing the Govt for 733mil as the Govt and Presbhd cannot come to an agreement on the compensation amount during their negotiation.

Now the matters is in the hands of the High Court. High Court might not agree with the amount that Presbhd demanded and give lower compensation depending on the presentation of case by both side.

Furthermore, the losing side can appeal to Appeal Court.

After that, the losing side can appeal to Federal Court.

All this LONG court process will likely take YEARS.

PLUS

Any compensation received by Presbhd after that may not benefit the minority shareholders.

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

PLUS

QR drop 91% yoy to only 441k in net profit

No wonder substantial shareholders Dato Rozabil & BPH Capital has been disposing a lot lately prior to QR release.

AND

Destini wait till last Day (END May) to announce the BAD QR.

Destini most likely DROP A LOT tomorrow.

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

Penergy most likely DROP A LOT tomorrow.

I will sell first thing in the morning

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

Naim most likely DROP A LOT tomorrow.

I will sell first thing in the morning

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

Perdana most likely DROP A LOT tomorrow.

I will sell first thing in the morning

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

Dayang most likely DROP A LOT tomorrow.

I will sell first thing in the morning

Oil price plunge to USD66/barrel this morning.

Looks like trade war between CHINA & USA will intensified further. I suspect oil price will plunge further, maybe below USD60 next month.

Carimin QR

Sep 2018 : NP = 11.5mil
Dec 2018 : NP = 5.2mil
Mar 2019 : NP = 2mil

Carimin has reported declining net profit for last 2 QR. Will Carimin report another declining net profit or maybe net loss next QR? I suspect likely.

With all the NEGATIVE catalyst for Carimin, Its time to SELL and NOT BUY. Be RATIONAL guys

QR result for Karex

30 Sep 2018 : NP = 1.7mil
31 Dec 2018 : NP = 1.4mil
31 Mar 2019 : NP = 252k

Karex posted declining NP for last 3 QR. Will the next QR be a FIRST LOSS since DEC 2013?

I think its very likely considering trade war between CHINA & USA will intensified further.

BE RATIONAL guys. Sell while share price still high.

HLG just announced new target price 0.36

Presbhd post Big QR loss. SKIN terminated, no chance for revival.

NO compensation from the Govt. Suit against the Govt will take years.

Since Presbhd suing the Govt, I suspect NO new contract for them.

Therefor, I suspect coming few QR will also be loss.

NO positive catalyst for Presbhd for now.

BE RATIONAL guys. Sell while its still HIGH