Followers
0
Following
0
Blog Posts
0
Threads
541
Blogs
Threads
Portfolio
Follower
Following
2014-11-25 23:00 | Report Abuse
Buy...buy ..buy. Above rm1.00 very soon. Oil price is recovering...
2014-11-25 11:06 | Report Abuse
Oil: The Week Ahead
China's central bank cut interest rates last week, and this supported energy prices, which have not been this low for some time. Even though it is difficult to predict the course of prices over the next few weeks, we believe that the market had fully anticipated the bad news and that a rally is in the works. The next meeting of OPEC members is scheduled forNovember 27
In the lead-up to next week's meeting, a growing number of analysts expect the cartel to cut production to slow the drop in oil prices. A reduction of one million barrels per day would have an immediate impact on prices. We were interested in comments made by Rafael Ramirez, Venezuela's Foreign Minister, who said that Venezuela would be interested in cutting back production as part of an agreement among the leading international actors. Venezuela has also entered into discussions with Russia to find a solution to the current situation
On Friday, Russia also said that it was willing to cooperate with Saudi Arabia to trim production. Coordinated action by Russia and OPEC would clearly have a major impact on prices. Even though a production cutback would negatively affect Russia's oil revenues, this would be more than offset by higher prices. Saudi Arabia and Russia are the world's two largest oil producing countries, together accounting for over 20% of global production. Revenues from oil and natural gas exports represent 50% of Russia's revenues, and the recent drop in prices has pushed its economy toward recession. To balance its budget, Russia needs oil to be selling at $100 per barrel in 2014 and $90 per barrel in 2015
According to the latest data from Bloomberg, more cash is now flowing into funds that replicate the price of crude oil than we have seen since June 2012.
Have a good week!
2014-11-25 11:04 | Report Abuse
Oil: The Week Ahead
China's central bank cut interest rates last week, and this supported energy prices, which have not been this low for some time. Even though it is difficult to predict the course of prices over the next few weeks, we believe that the market had fully anticipated the bad news and that a rally is in the works. The next meeting of OPEC members is scheduled forNovember 27
In the lead-up to next week's meeting, a growing number of analysts expect the cartel to cut production to slow the drop in oil prices. A reduction of one million barrels per day would have an immediate impact on prices. We were interested in comments made by Rafael Ramirez, Venezuela's Foreign Minister, who said that Venezuela would be interested in cutting back production as part of an agreement among the leading international actors. Venezuela has also entered into discussions with Russia to find a solution to the current situation
On Friday, Russia also said that it was willing to cooperate with Saudi Arabia to trim production. Coordinated action by Russia and OPEC would clearly have a major impact on prices. Even though a production cutback would negatively affect Russia's oil revenues, this would be more than offset by higher prices. Saudi Arabia and Russia are the world's two largest oil producing countries, together accounting for over 20% of global production. Revenues from oil and natural gas exports represent 50% of Russia's revenues, and the recent drop in prices has pushed its economy toward recession. To balance its budget, Russia needs oil to be selling at $100 per barrel in 2014 and $90 per barrel in 2015
According to the latest data from Bloomberg, more cash is now flowing into funds that replicate the price of crude oil than we have seen since June 2012.
Have a good week!
2014-11-21 15:17 | Report Abuse
He bought early november 2014
2014-11-21 15:16 | Report Abuse
My friend who bought 1 million wa at 10 cent got heart attack. Now in hospital.....
2014-11-20 18:25 | Report Abuse
This counter going to die if got boss like this....hahaha
2014-11-20 18:24 | Report Abuse
Big boss take half cent profit and run. Then buy back half cent lower. When up half cent sell again and so on continiously.
Exp: Buy 2 million at 9.5 cent sell, 2 million at 10 cent.. Profit 10k (less broker fee)
2014-11-16 18:57 | Report Abuse
Layang project will start very soon....
2014-11-16 18:57 | Report Abuse
TH Heavy Engineering Bhd (THHE) has finally secured a contract for its floating production, storage and offloading vessel (FPSO) with Japan’s JX Nippon Oil & Gas Exploration in a deal worth US$900mil (RM2.9bil), sources said.
The contract entails THHE providing its FPSO facility to JX Nippon Oil & Gas for the Layang oil and gas field, located off the coast of Sarawak.
It is understood that the FPSO will be deployed in early-2016 once the Layang field starts production.
The contract win is a first for THHE, which had been trying to land a job for the vessel it had acquired in 2011.
THHE owns 80% of the recently upgraded vessel, having disposed a 20% equity in it in February for RM43mil to GlobalMariner Offshore Services Sdn Bhd.
According to sources, the primary contract worth US$400mil (RM1.29bil) will run for 7½ years, with an annual renewal option for the next 10 years.
The extension option is said to be worth about US$500mil (RM1.61bil).
The FPSO will have a storage capacity of 400,000 barrels of oil.
“The vessel has a life span of about 20 years, which ties in nicely with the job,” the source said.
Speculation about the FPSO contract is making a fresh round in the market after JX Nippon Oil & Gas earlier this week said it had received the field development plan approval from Petroliam Nasional Bhd for the Layang gas field.
2014-11-14 14:58 | Report Abuse
What the f**k Mara buy 10% of this company for? at 80 cent recently. Bail someone out or what? No research? 40% loss already.
2014-11-14 09:49 | Report Abuse
Mara in at 80 cent....now 46 cent and keep dropping.... Damn****
2014-10-26 12:30 | Report Abuse
0008 previously you comment a lot in Sumatex..... Did you get burn in Sumatex? heavily buying Sumatex above 55 cent? If so don't let you bad experience control you. Looks like you have gone through something very bad that let you so negative in trading. Pls throw more of any share u got.....but i don't think you hold any share. Just talk only......never in my life seeing those holding any share in the mkt be so negative like you.
Success and failure start in your mind before become plan and action.
2014-10-26 12:15 | Report Abuse
0008 Thank you for the bad news.... i need to collect more at 8 cent. I am happy with you.
2014-10-23 16:01 | Report Abuse
0008 Why u no longer in Sanichi section?
2014-10-23 16:00 | Report Abuse
0008....Better spend your time learn / improve your English. Based on your writing....your English not that good. Don't waste your time in this section. How come you suddenly show up in frontken section today? Never see you here since your register in i3. Did you see value in this counter? haha
2014-10-23 15:07 | Report Abuse
Trust nobody. Price action tell everything. Unloading...
2014-10-23 15:03 | Report Abuse
seem like doji appear. ....game over.
2014-10-23 14:58 | Report Abuse
Attack now..................
2014-10-23 14:55 | Report Abuse
Any bad news from 0008? Need to buy more at 8 cent if can get.
2014-10-23 14:53 | Report Abuse
Just wonder how come you suddenly in frontken section....never before since you register in i3 forum. Without your fear strategy cannot buy good stock at cheap price. Hope you can keep it up... But pls remember you can probably scare most people but not everyone in mkt.
2014-10-23 14:40 | Report Abuse
Just wonder how come you suddenly in frontken section. I know what you know and what in your mind.
2014-10-23 14:38 | Report Abuse
Ok 0008 thank you. Throw more.... without you cannat get good price.
2014-10-23 14:21 | Report Abuse
Thank you 0008. Without people like you i cannot get good stock at cheap price.
2014-10-23 13:20 | Report Abuse
Pls spread more bad news in Sanichi too. I need more at 8 cent for Sanichi.
2014-10-23 13:18 | Report Abuse
Ok....i will take all. Sell whatever u have. Thank you for your help by spreading bad news in every counter.
No other guy in this forum help me to get good stock at cheap price.
2014-10-23 12:14 | Report Abuse
Thank you 0008....stock needs more bad news in order to go up until the bad news is unable to bring it further down. We need people like you spreading bad news in every counter. You help me buy Sanichi at 8 cent. Thank you.
2014-10-20 00:15 | Report Abuse
Not complete....didn't get much at 8 cent target price.
2014-10-20 00:04 | Report Abuse
I manage to get some at 8 cents.
2014-10-17 14:30 | Report Abuse
haha....buying share but talking about save rm20.
2014-10-17 14:12 | Report Abuse
Which stock have u short lately. Complaint only no point.
If you really good in short selling go short US stock, currencies or commodity.
Trying to be hero to make Malaysian regulation look bad don't earn you a single cent.
2014-10-17 10:14 | Report Abuse
Ok throw more....ready buyer 8 cent to take whatever volume it may be.
2014-10-16 20:30 | Report Abuse
chy72...you still alive? I thought your wife already kill you .. now Sanichi only 8 cent.
2014-10-16 20:14 | Report Abuse
No problem... collect 8 cent in stages. Buy more if lower. Today start shopping....at my target price 8 cent.
Pls throw more. Our gangs are collecting start from today.
2014-10-16 17:56 | Report Abuse
Another share buy back on 16/10 by the company.
Notice of Shares Buy Back - Immediate Announcement
FRONTKEN CORPORATION BERHAD
Date of buy back 16/10/2014
Description of shares purchased Ordinary Shares of RM0.10 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 2,000,000
Minimum price paid for each share purchased ($$) 0.118
Maximum price paid for each share purchased ($$) 0.118
Total consideration paid ($$) 235,975.50
Number of shares purchased retained in treasury (units) 4,866,600
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 0
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) 0.481
Announcement Info
Company Name FRONTKEN CORPORATION BERHAD
Stock Name FRONTKN
Date Announced 16 Oct 2014
Category Notice of Shares Buy Back - Immediate Announcement
Reference No CC-141016-55492
2014-10-16 09:40 | Report Abuse
0008 or Mr Mah? ... You still got 73 million share. Pls throw now....
2014-10-16 09:22 | Report Abuse
I have mention even before the listing of right issue about the 8 cent. You throw now...i collect slowly....haha
2014-10-16 09:18 | Report Abuse
Ya throw...my gang need 300 million at 8 cent
2014-10-16 09:17 | Report Abuse
Take whatever volume the seller give at 8 cent............up to 900 million...take all
2014-10-16 09:16 | Report Abuse
ok now.........................collect sanichi all out 8 cent
2014-10-15 23:02 | Report Abuse
1 star is spamming everywhere
http://klse.i3investor.com/servlets/cube/post/1star.jsp
2014-10-15 22:59 | Report Abuse
US mkt is different ...u can short sell any stock without having them in your account but our mkt short sell is not allowed.
With company buy back... it is definitely a good sign.
2014-10-15 22:44 | Report Abuse
Good news.............
The management know better.
Frontken is profitable company now and is expected to do much better in the future. This share should be worth more than 20 cent.
Stock: [THHEAVY-WA]: TH HEAVY ENGINEERING BERHAD-WA
2014-11-26 11:10 | Report Abuse
all dead....