President Trump's policy was for energy price to stay low;now with Biden in charge,democracts working with Arabs , wanted to see oil price to climb high.

not so hard to trade, but you need to understand,and keep track of global trend and understand
the complexity and politics of this oil market.

may be after he made exit from glove stocks, start peepng around,gathering info.

don't be silly , the shock wave came from NASDAQ,and nothing to do with the company, and its business.

Friday, March 5th, 2021 Oil skyrocketed on Thursday after OPEC+ decided to hold off on easing production cuts for another month, surprising the oil market. WTI and Brent shot up more than 4%. During early trading on Friday, Brent surpassed $69 per barrel,  OPEC+ extends cuts, surprising market. OPEC+ extended the cuts through April, aside from a slight increase allowed for Russia and Kazakhstan, due to seasonal consumption patterns. Even Saudi Arabia decided to keep its 1 mb/d of voluntary cuts in place. The surprise news led to a price surge. “One of the reasons the market is continuing to react positively today could be that OPEC’s own balances suggest very steep draws,” Rystad Energy said in a statement.

with the world economy clearly on a healthy recovery path, and many countries implemented excess money supply to fight Covid slowdown ,so we have an inflation problem on the table. Oil price has since been moving up from 40 usd, to now 65 usd. and still continue the up swing. we know refinary used to keep large amount of oil inventary,.so i really hard to figure out any reason to be bearish on this stock . AS usual,investors should not chase up too high.

why any body should take kyy's words seriously? he is just a actor, never mean what he said

all set for the positive,but only restraint, Is the MCO.

Oil surges after OPEC+ holds cuts, strong US jobs growth Author: Tan KW   |    Publish date: Sat, 6 Mar 2021, 7:52 AM NEW YORK: Oil prices jumped about 3% on Friday, hitting their highest levels in more than a year, following a stronger-than-expected U.S. jobs report and a decision by OPEC and its allies not to increase supply in April. Brent futures rose US$2.62, or 3.9%, to settle at $69.36 a barrel. The session high for the global benchmark was its highest since January 2020. U.S. West Texas Intermediate (WTI) crude rose $2.26, For the week, Brent gains 5.2% gain, WTI up 7.4%or 3.5% to settle at $66.09 a barrel. For the week, Brent was up 5.2%, rising for a seventh week in a row for the first time since December, while WTI was up about 7.4% after gaining almost 4% last week. Both contracts surged more than 4% on Thursday after the Organization of the Petroleum Exporting Countries and allies, together known as OPEC+, extended oil output curbs into April, granting small exemptions to Russia and Kazakhstan. "OPEC+ settled for a cautious approach... opting to increase production by just 150,000 barrels per day (bpd) in April while market participants looked for an increase of 1.5 million bpd," said UBS oil analyst Giovanni Staunovo. Investors were surprised that Saudi Arabia had decided to maintain its voluntary cut of 1 million bpd through April even after the oil price rally of the past two months on the back of COVID-19 vaccination programs around the globe. Some forecasters revised their price expectations upward following the OPEC+ decision. Goldman Sachs raised its Brent crude price forecast by $5 to $75 a barrel in the second quarter and $80 a barrel in the third quarter of this year. UBS raised its Brent forecast to $75 a barrel and WTI to $72 in the second half of 2021. In addition, the market got a boost after a report showed the U.S. economy created more jobs than expected in February. The nonfarm payroll report "shows that Americans are closer to pre-pandemic behavior that will drive strong demand for crude," said Edward Moya, senior market analyst at OANDA in New York. Traders also noted the rising dollar, which hit its highest since November, was limiting the gain in crude prices. A stronger dollar makes oil more expensive for holders of other currencies. However, analysts and traders have said that slow physical crude sales and recovery for demand not predicted until around the third quarter suggest that the price rally is unwarranted. "The market suggests a tightness that does not exist. Therefore, we continue to believe that the price risk is mainly downward and that the current price is overshooting," said Hans van Cleef, senior energy economist at ABN Amro. India, the world's third-biggest oil importer and consumer, said that the OPEC+ decision to extend cuts as prices move higher could threaten the consumption led-recovery in some countries. The recovery in oil prices to pre-pandemic levels has also spurred U.S. oil drillers to return to the well pad. The oil rig count rose by one this week after rising for six straight months, according to energy services firm Baker Hughes Co    - ReutersWrite a comment..

Oil Soars As OPEC+ Sources Suggest No Production Increase

Middle East Producers Are Desperate For Higher Oil Prices
https://oilprice.com/Energy/Energy-General/Middle-East-Producers-Are-Desperate-For-Higher-Oil-Prices.html

chinamen will take up all the right issues , and take control of the company, back door,this is their game plan, fron the beginning.

Oil Up, Boosted by Global Signs of Economic Recovery
https://www.investing.com/news/oil-up-boosted-by-global-signs-of-economic-recovery-2432789

(Reuters) - Oil prices rebounded more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a drop in China's February factory activity growth capped gains. Brent crude futures for May rose $1.07, or 1.7%, to $65.49 per barrel by 0410 GMT. The April contract expired on Friday. U.S. West Texas Intermediate (WTI) crude futures jumped $1.01, or 1.6%, to $62.51 a barrel. Front-month prices for both contracts touched 13-month highs last week, slipping back on Friday along with wider financial markets following a bond rout amid inflation fears. "Oil prices are recovering this morning in line with most risk assets on the back of the U.S. stimulus bill passing the House," Stephen Innes, chief global markets strategist at Axi, wrote in a note on Monday. The U.S. House passed a $1.9 trillion coronavirus relief package early on Saturday, lifting investors' risk appetite and Asian stock markets. The package will now move to the U.S. Senate for further deliberation. The approval of Johnson & Johnson (NYSE:JNJ)'s COVID-19 shot also buoyed the economic outlook. Manufacturing data from top Asian oil importers were mixed, however, as China's factory activity growth slipped to a nine-month low in February, while manufacturing in Japan expanded the fastest in more than two years. Crude supplies going into top importer China are expected to ease in the second quarter as the oil price rally cooled demand. Preliminary data also showed that South Korea's February imports are down 14.7% from a year earlier. The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, will meet on Thursday and could discuss allowing as much as 1.5 million barrels per day of crude back in the market. "We think if the combined (OPEC+) increase does not exceed 500,000 bpd, that will be bullish for prices," analysts at Singapore's OCBC bank said. Separately, Iran on Sunday dismissed opening talks with the United States and the European Union to revive the 2015 nuclear deal, insisting Washington must first lift the unilateral sanctions that have sharply reduced Iranian oil exports.

Bank Of America Expects Fastest Oil Price Rise In 30 Years By Irina Slav - Feb 25, 2021, 9:00 AM CST
https://oilprice.com/Energy/Oil-Prices/Bank-Of-America-Expects-Fastest-Oil-Price-Rise-In-30-Years.html
Oil prices are set to rise by the fastest rate since the 1970s over the next three years, Bank of America said in a new report, joining the growing group of analysts forecasting a return of oil to three-digit territory. The average price of Brent over the next five years, however, will be between $50 and $70 per barrel, according to the bank, as quoted by The National. The bank also said OPEC+ might decide to reverse its production cuts now that Brent is trending above $60, but added that a slow return of U.S. shale to international markets might lead to an extension of the production cut agreement to make sure prices stay higher. "We believe that slower shale growth and oil price stability will likely require a continuation of Opec+'s market management beyond April 2022," the bank's analysts said. OPEC+ is meeting next week to discuss the progress of its agreement in an environment of much tighter supply, and expectations are that some members may push for a production increase. The increase, however, will be moderate, at 500,000 bpd, according to reports. The last Joint Ministerial Monitoring Committee of OPEC+ met in the first week of February, and the meeting ended without many surprises. For the month of February, another 75,000 bpd was added to the quotas—65,000 bpd to Russia and 10,000 bpd to Kazakhstan. For the month of March, production quotas were eased again by the same amount, with the same distribution of the additions. Russia is one of the extended cartel's members that will likely call for a further increase in production. Moscow has a tradition of budgeting for pessimistic oil prices, which increases the benefits from each additional dollar benchmarks gain. Saudi Arabia, on the other hand, might like to see much higher prices as its breakeven level, despite the lowest production costs in the world, remains quite high. By Irina Slav for Oilprice.com

unisem and hengyuan best stocks to keep, i have little doubt about it.

don't chase high, buy on dip.

lool like kyy stuck there deeply,cannot get out.

Why Oil Bulls Aren't Backing Down |
OilPrice.com https://oilprice.com/Energy/Energy-General/Why-Oil-Bulls-Arent-Backing-Down.html

so far still 130 countries live without vaccine, so we have a falling dead cat that could certainly bounce, over sold situation.

Reuters February 27, 2021 09:21 am +08 Oil drops on US dollar strength and OPEC+ supply expectations.

Oil prices fell on Friday as the US dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels. However, Brent rose 4.8% and WTI ended up 3.8% on the week, and both were about 20% higher in the month on supply disruptions in the United States and optimism over demand recovery on the back of Covid-19 vaccination programmes.

We too had malaysian listed companies gone bankrupt too, and delisted . Are you saying , we can cannot trust all malaysian listed companies? bullrunrun, your logical thingking is errorous. better improve your critical thinking. Further more you need to acquire some knowledge on technical analysis , and fundamental analysis,two important tools for stock trading strategy.

research houses can only give you a rough guide, the rest ,u should do your home work. glove making is a sun set industry,kill by vaccine,while electronic chip making is a rising sun/star industry, due to coming of ev ,e-car,plus many upcoming unknown products make possible by 5g, 6G.

hengyuan total capital is only 300millions=300million shares. NTA=7.22rm .Chinamen controlled at least 50+%,=150+million,tightly holding ,while local funds may have holding 100M, then only 50m shares going around in the hands of small share holder like us. if we hold tight,then The shares /stock easily get into "squeeze',or "cornered situation",once that happens , price level could explode sky high, just naturally. and with strong, fundamental factors provide the support.

For Dnex the real strength from Silterra, plus, China consumer chip/wafer market. This two factors must smoothly and ,successfully go through. then every body who invested will gain handsomely

another political factor is this ,unlike Trump ,the Biden gov, discourages expansion of the shale oil rigs,and stopped the Canadian pipeline to US, that limit shale oil production,reduce oil supply , all these move,could cause a major price- move in oil market ,or already it is in the making.

if every qr could make this profit number, may be can touch 10.or even more.

Outlook. 1Q21 is expected to be flat QoQ due to fewer workdays as a result of Chinese New Year. At the same time, Unisem expects utilization to increase in both Chengdu and Ipoh plants supported by robust demands in power management, RF and automotive segments. Forecast. Tweak model based on the deviation mentioned above. In turn, our FY21- 22 EPS are raised by 13% and 21%, respectively. Reiterate BUY on the back of higher TP of RM9.88 (from RM6.48) after raising PE multiple from 28x to 33x, pegged to FY22 EPS (previously mid-FY22 EPS). Despite trade war and Covid-19 risks, Unisem’s prospect has improved with (1) closure of loss-making Batam plant; (2) favourable forex; (3) gradual synergistic relationship with TSHT; and (4) healthy balance sheet.

Source: Hong Leong Investment Bank Research - 26 Feb 2021

if MCO lifted, could see even better earning.

profit 170 million/qrt, not bad
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133460

communist dictator,as usual, lies all the way.

unisem , another chip maker, is shooting up like rocket.

comfort? why not take the charts on JAKS, DAYANG, jayatiasa etc etc, after market-talk is easy,by ignoring the past disasters, as usually just talked about one of those winning story.

on the other hand ,especially lessons on lossing, well , may be Jaya tiasa, jaks, dayang , etx etc.

Everý day people buy and sell,each has their own whatever reasons. We wish them good luck. We Follow the trend, the. trend is your friend.

the sun always set,without exception.

all i am saying is this , you need to realised a "paradigm shift"has occured ,and should make "new change",for viewing the stock,.old method has many flaws,

refinery business is tough business , u can't all the while ,just make the money on refinery margin alone ,based purely on "back to back" arrangement with"zero inventary",. usually certain percent of stock/inventary , you need to keep,if the commodity is on rising trend , that would benefit the company, if commodity experiencing a falling market, that u could suffer losses. That is the name of the GAME. so far so good , as crude oil price in on a rising trend for past seasons, would see stable and steadier time ahead, as global economy is on slow recovery mode. u could make more on your inventary

that is unwise, to think in term of long term and short term for investment portfolio, the reality is you need to monitor changes in industry /market conditions,if you are stucked with an sunset industry,for whatever reasons. and thinking of long term, u could ended up in total misery.

where is the apple188,who was bearish all the while.how u explain that??

just noticed unisem , chip maker ,continue to climb new high , while alas ,grove stocks are sinking

old man just outdated,one of the passing generation.

last few years ,hengyuan spent huge sum of money on upgrading and improving refinary facility, and by 2020,the capital expendire project has completed, and hence u see company profit is largely improved.

glove stocks can categorised as sunset industry,while tech/chips/wafer stocks are rising star industry.which would u prefer.

once in a life time opportunity ,just look at the phenomenal trading volume.

@i3lurker .no wonder all your analysis report are all wrong. you had mixed-up one dimensional technical projection analysis with economic fundamental analysis. u also failed to understand the rationales for the decision making behind the China party that involved here,they are not here to speculate in stock price movement ,they want good,and advanced products from the new set -up,i.e chips to be used for chinsese industry ,and enable them to compete in the world market,

@i3lurker's,understanding of stock price movement is over simplistic, to him is just sharks poker game,the truth is ,it is no like that t, in stock trading ,you need to understand the basic economic fundamentals, the rationale of varios parties involved,but i3lurker understand none of these. alas ,a style of a laymen.from old kopitiam.

Proton /Geely model is working fine for the local automobile ,same as d/nex-CGP-Silterra,by looking at the daily hugh volume traded,at the end of the day, suspect ,mostly likely will see CGP controlled 40% of d/nex.

we usually say everything has pros and cons.
the good side is ,1 chips and products demand, 2 ,money available for technology upgrade,.
the dark side is ,need good management ,and technical upgrade,
so no big deal, all can overcome right?

200mm Demand Surges
https://semiengineering.com/200mm-demand-surges/

may be u also say,i3lurker is also a shark,a small shark.