today pull-down is necessary. Price cannot breached 1.03. Top very heavy

large under ground Oil storage tank is carved out of "solid Rock". China got 2 units( maybe can load 20 million barrel or so------took 10 ten years to built about 8--10billion yuan Cost.
China wants to buy 100million Barrel in 2020----I think China Oil importer got to use President Xi's
toilet Bowl too

Opec+ said cut 10mil / day----but problem is there is no storage. So production got to stop anyway (actual cut will 30mil or so )-----price will tank for 3--4 months. Until Demand comes back.

those 30mil parked at 0.170 is being pull-down / sold-off just now.....next week good time to collect
if no more--"accidents" by Opec+

sap over-bought position is heading towards "neutral" as of today ( heavy selling)

Epf dumped 93mil in 2 days----very obvious during the massive plunged, it is Epf that supported
price all the way to 0.09cents. Dumping at 0.160, Epf makes 77% ( If i got this type of Free money,
i will do better then Epf( in my Dream ) )

nobody bother with Technicals-----just cheap is good enough

just maybe----- 0.120 arrived today

3-4 days ago, Dow breached 23,000, i said Jaks bullrun after breaching 0.90-----
Today Dow retest 23K again with S&P500 also enter Bullrun phase ( 2700)---

Jaks must parked itself at 1.15--1.20 range to register itself as Bull phase to retest 1.54

dow future 320 Up, Jaks is loading rocket fuel again

dow future 320 Up, Jaks is loading rocket fuel again

Like other goreng stocks, Kps is marching " in locked step" with Dow future....If it is True, Kps should close at 0.450

By the way how do i know kps free float is around 25mil ( this is the block previously owned by Lembaga Tabung Haji---i think LTH has unloaded due its financial problem ) bcos before Kps sold Splash, it took me 5--6months to collect 100,000------
now i can collect 300K in 3--4 hour time and 3X cheaper 2 yrs ago.

I will support any rally to push Kps back to 1.0

When foreigners do come back later, these GLC agents will Sell to them to earn a profit to paid
5.5--6% interest to shareholders

Pnb and Epf are the actual buyers now (but they are using agents so that they don't have to inform
Bursa. Why tell everybody when you are buying Cheap? ) Who can buy/sell 300--400mil shares per day?? Most foreigners already sell down and cabut

Can Jaks hit 1.54 before 30 April?? If Breached, don't throw bcos next is SuperBull at 2.00

dow future breached 23,000 (bull-run)----such a Good co-incident Jaks trapped in a Bull-Run

same brokers goreng both Jaks / Dsonic is already known 1 weeks ago. Dsonic got very, very bleak fundamental in 2020 / 21. How can its share price shoot up Jaks??

over-bought, need to clear sellers at 0.17 first

very difficult to breach 0.115 ( unless 75mil parking is just show but i think over-bought scenario)

Cannot short until 30 April....where got shorties? Whale Sharks bought just now, now push up to sell

Trump can Cut 7.8Billion / Day. Just Hit All Oil import at 100% Tariff below $50. So all Oil import Got to sell above $50.....wow, maybe you think it is a Good Deal but No Oil Demand in USA anyway....There no more Land storage for Oil in USA. Foreign Oil got to stop ( just no demand
in World market )

maybe any Covid-19 in Vietnam will be turn into Coal and become powerplant feedstock.

Anyway Jaks will follow Dow everyday from Now, If Dow breached 23,000, it is BullRun in BearMarket

If Sap can hit 0.12 (today or tomorrow morning), i see good upside to 0.15 by Friday Or next week.
Too many sellers at 0.11

I see some vested parties who are interested to "push" KPS to 50cents. Since i already collected
a big block, no harm jumping in to do some heavy lifting. At most KPS today might has a "free float"
of 25mil ( All LTH shares, assuming he has unloaded All ) ( KDEB + PKNS holding 75% )

No need to look at TA, FA, Dividend, Bonus----just 1mil Volume Done a day, will move KPS Up or
Down 2--3 cents ( 8% quite a Big Deal )

Recent Waterfall plunge, first started from Institutional player's Dumping then followed by Ikan bilis's frenzy off-loading ( many kena margin Call ). Last 3 days massive buying seem to come from
GLC while IB + Ikan Bilis are still sitting on the "road-side" licking their wounds.
Looks like there are another 2-3 waves of Buying from IB + Ikan-kering once Oil price is confirmed

Stock market always surge 6 months ahead of real Data

Vix ( Dow Volatility index) has stabilized....usually this will allow Dow to push further Up.....Dead-rate in Italy, Spain and New York is not surging up but trending down....very good news to Dow

looking at the Buy support, GLC wants to create the first bottom at 0.100. Small fish just pick-up scraps, it is pnb that create pricing direction

Dow future 619 Up

Dow future 619 Up

I hope No Deal better then Trump will Hit Saudi and Russian with 100% Tariffs And All their US customers will be replaced with Other Suppliers. The moment Saudi is Hit with Tariff, Singapore
and China Buyers will request similar Discounts (bcos there are No more storage at Sea and Land )-----No Buyers are hurry to Buy Bcos No Demand anyway

must recovered back to 90cents to be bullish----Dow future Up 311pts

Hibiscus is still Okay for Oil rebound but dayang depends on Oil Infrastructural projects( Petronas)
------no projects for next 2 years( ppl blindly believe in what yKK said ) Most of the time(99%)
He sells First

American import 7.9Mil Barrel / day....Saudi share: 0.430mil barrel /Day....Russian Share: 621mil barrel / Day.
If Trump Hit All 7.90mil barrel / day with Tariff, basically Trump push 7.9mil Barrel Back into Open
Market.....There is No more Land Oil Storage, even Tankers storage at Sea is Full. How saudi is
going to pump more Oil and hope to sell when there is No demand and No storage.????

USA don't Saudi Oil, Shale Oil is a Net Export-----3.251 ( and China Got to Buy bcos Trump's Tariff
on China Export is so Huge )

On Saturday, U.S. President Donald Trump focused instead on tariffs as a response to the oil price crash.

"If I have to do tariffs on oil coming from outside or if I have to do something to protect our ... tens of thousands of energy workers and our great companies that produce all these jobs, I'll do whatever I have to do," Trump told reporters in a briefing about the coronavirus outbreak.

"The President has now told us what Plan B is: tariffs," said Robert McNally, president of Rapidan Energy Group in Bethesda, Maryland.

I think USA will take a glancing Blow instead of a Direct Hit like Italy and Spain. Economy should
recover much faster than most economist expectation. Come Sept (winter), alot of vaccine will
be ready( emergency used) and many Treatment Drugs are readily available by then----
Looking at Wuhan, i don't think USA will achieve V-shape recovery, certainly not L-shape bcos got
2.2Trillion stimulus----somewhere in between 2019-----Oil should price around $40--50 for very
long Time-----Buy Very Big CC suv next year (no sub,sub Compact Car )

If you compare Covid-19 infection rate between Asean Countries( Singa, Malai, Thai ) and Wuhan,
Itali, Spain, LA and New York----the infection Rate is 10X faster / Deadlier in Colder Countries.
USA is entering Summer / Spring (April), and CDC list Louisiana as next epi-centre will verify whether Hot weather Delay infection rate

Oil now $32.77 (Up 2.83)---+9.45%....Tonite we wait for Trump tweet.....Monday, will Velesto hit 20cents?? depends on what Trump say tonite

Trump might impose a oil tariff at $40( shale breakeven cost ). Saudi might has a Cost (plus transportation $5) of $45 to sell into USA. Brent at $45 is a great relief to Malaysia too

price now $31.73

Brent Oil jumps 1.81 almost 6% jump ( on today opening bell }----Saudi / Russian might have
Cut Deal----

most likely remain at 90cents to clear weak holders / contra players ( any closing jump will depend on operator )

https://www.marketwatch.com/story/oil-prices-surge-nearly-10-after-trump-says-russia-saudi-feud-can-be-resolved-2020-04-02?siteid=yhoof2&yptr=yahoo

Prepare for the next Leg-Up

Double Top. Bullish indeed. Next stop should be 1.15--1.20----If Hit 2.0, It is called SuperBull

Hahahaha....yesterday high arrived 0.890

Short Covering by oil punters. Dow future Up. Brent up $3

https://oilprice.com/Latest-Energy-News/World-News/President-Trump-To-Meet-With-Oil-CEOs-To-Discuss-Saudi-Oil-Tariffs.html

Once US hit Saudi with Oil Tariff----Velesto should hit 25--30cents range

today maybe return back to yesterday high-----0.890 ( alot of crazy bet )