QUOTE:-
cksam Rule No 1. Never play on Margin
Rule No 2. Never catch a falling knife
Rule No 3. Never buy hope in the Stock Market
Rule No 4. Go Back to Rule No1. Rinse and Repeat

cksam: you forgot another very important rule.

Rule No 5.: NEVER THRUST ANY CLOWNS (i.e cksam) WITH YOUR BUY AND SELL DECISIONS. ALWAYS DO YOUR HOMEWORK AND STICK TO IT. NEVER BE INFLUENCED BY SILLY, IMMATURE REMARKS / INSULTS FROM CLOWNS WHO KNOW NEXT TO NOTHING ABOUT FA.

QUOTE:-
cksam For a longer time frame ( 6 months to a year) we should be able to see SKPetro trading at below RM 1.00. Yes a penny stock.
13/06/2016 16:21


LOL....Another clown trying to scare people into panic selling...if it goes lower even better! LOL...

Oil prices can't remain low forever. In the mid to long term, they will rebound to USD80-100. Oil is a scarce commodity.

bruce5113 : BullBear777

Posted by bullbear777 > Mar 2, 2015 10:39 AM | Report Abuse

@johnmasino wakakakaka

Feb 25, 2015 12:31 PM | Report Abuse

The reason Supermax's stock is raging between RM2.17 to RM2.20 is because investors are waiting to see how well Supermax's next quarter result will be which I'm confident will be much better than previous quarterly result..

I accumulated some more today..LOL..expect Supermax to fly to RM3.00..LOL

__________

LOL profit jatuh lar brother mana ada naik much better wakakaka. Analisa sampai buta pun tak boleh dapat betul hehe. Kesian you.

BullBear777: this is for you kepala monyet kau..ini post lalul saya..LOL..

Posted by johnmasino > Feb 17, 2015 10:48 PM | Report Abuse X

Supermax is very resilient! Lingering between RM2.17 to RM2.20. This means smart investors are accumulating at these levels and expecting a stellar quarterly result due next week. Brace yourselves for a another fantastic rally!

TP is RM3.50. But the next rally could see this stock at RM2.90. That's 32% upside from its current price of RM2.18. Awesome!

I accumulated some more today at RM2.18..LOL

Folks, don't let the vultures scare you into selling because this stock is still fundamentally sound. Be patient and you will be rewarded...

BullBear777 is a complete imbecile. Last time was laughing at me about Supermax. BullBear777: saya sudah jual Supermax dah, untung bersih bila harga naik RM3.32 mencecah RM3.40. Wakakaka..bodoh lar u..u punya MPAY buntut punya stock rugi besar monyet pun sudah lari...wakakaka
Bodahlar u...LOL

In its evening edition yesterday, the research house said SKPetro crossed over the 20-day and 50-day moving average lines on June 8.

Confirm uptrend...I won't be surprised if SKPETRO hits 1.90 today.

WOOHOO...Oil price are rising like mad...O&G counters are now the thing..Coastal should start flying tommorow leh

http://www.marketwatch.com/story/oil-prices-march-past-50-amid-signs-of-us-inventory-falls-2016-06-08

Oil futures rose Wednesday, with the U.S. benchmark posting a nearly 11-month closing high, as crude found support from continued supply disruptions, China import data and a decline in crude inventories.

On the New York Mercantile Exchange, West Texas Intermediate crude for July delivery CLN6, +2.32% rose 87 cents, or 1.7%, to settle at $51.23—the highest close for a nearby contract since July 15.

August Brent crude LCOQ6, +2.49% the global oil benchmark, rose $1.07, or 2.1%, to finish at $52.51 a barrel on London’s ICE Futures exchange, its highest close since October.

Woohoo..tommorow sure gap up! TP RM2.00..

Oil prices reached fresh highs on Wednesday after data from an industry group showed a decline in U.S. crude stockpiles and figures out of China indicated strong demand.

http://www.marketwatch.com/story/oil-prices-march-past-50-amid-signs-of-us-inventory-falls-2016-06-08

(fayeTan) - SKPETRO (3) - 5 reasons why it's time to shine again Generation Z

http://klse.i3investor.com/blogs/genzinvestor/97961.jsp

Echoes my sentiments to a T.

Don't laugh..u never know what can happen!

Buy now or lose out..LOL

USD100 Oil coming soon..

http://www.freemalaysiatoday.com/category/nation/2016/06/03/strategist-optimistic-oil-prices-will-rebound-to-usd100-by-2017/

That's why I'm accumulating Coastal shares.

http://www.freemalaysiatoday.com/category/nation/2016/06/03/strategist-optimistic-oil-prices-will-rebound-to-usd100-by-2017/

http://www.cnbc.com/2016/05/31/heres-why-oil-will-move-higher-energy-analyst.html

http://www.cnbc.com/2016/05/31/heres-why-oil-will-move-higher-energy-analyst.html

Buffett is accumulating more Philips 66 shares indicating that he is confident oil prices will rise in the near future..

http://www.forbes.com/sites/gurufocus/2016/05/24/warren-buffett-buys-more-phillips-66-under-80-a-share/#1e16034527e2

Year-on-year, profit before tax was down by 72% from RM66.2 million. The poorer performance for the current quarter was principally due to lower revenue contribution from Shipbuilding Division on the back of lesser vessel deliveries as well as finance costs and share-based payment expenses recognised.

The Group reported a profit before tax of RM18.6 million in the current quarter, a 46% increase quarter-on-quarter from RM12.7 million owing to the foreign exchange gain recognised in the current quarter as compared to the exchange loss posted in last quarter.

That's not quite correct...compared to previous quarter, net profit actually rose by 46%. Not bad considering the depressed demand for oil.

This is why I'm accumulating good oil stocks like Coastal.

http://www.wealthacademyglobal.com/profit-from-the-panic-in-oil/

In 2-3 years time, oil prices will definitely rebound. I foresee that Coastal will be one of the biggest beneficiaries when this happens. I even think that in 3-5 years, it could well go above RM6.00.

When others are fearful, you should be greedy as Buffet said.

Top Glove oversold already...

USD is strenthening now...yesterday RM4.10, now RM4.15.will go back to RM4.30 soon..

Buy Buy!

You guys keep monitoring the stock, scared it will go down. But I tell you that TopGlov is deeply undervalued compared to Kossan and Harta which I regard as too expensive. Kossan trading at 32x PER while TopGlov is only trading at 21x PER. Dirt cheap. Even at RM16.60, TopGlov is still cheap trading at just 27xPER.

TopGlov will shoot up lar..no worres..guaranteed..

Mark my words lar, TG will hit RM16.60 early next year..

Strong results reaffirm BUY
Core 1QFY8/16 net profit of MYR123m (+20% QoQ, +153% YoY) was within our expectation but substantially above street’s. We continue to like Top Glove as the sector’s new bellwether, yet it is trading at cheapest bigcap glove 2016 PER of 18x. Maintain earnings forecasts, BUY call and TP of MYR16.60 (25x 2017 PER)

TopGlov is definitely still a huge bargain compared to Kossan and Harta. TopGlov is only trading at 21x forward PER vs Kossan (28x PER) and Harta (42x PER). Kossan's last 3 quarter profit = TG last quarter profit! Even at RM16.60, TG is still cheap, trading at only 26x forward PE.

My take, TG still dirt cheap compared to Harta and Kossan, and is now raking more profits than it's peers. So why shouldn't TG be trading at higher PER on par with Kossan considering how TG last quarter = Kossan last 3 quarters!

LOL...

Huat ah!! Luckily bought some shares at RM1.95..LOL...

Ivy League school?? Muahahahahha..you sound like a retard straight out of Shit school.LOL..


Dude, I have a MBA from Harvard University and I don't brag like a small kid like you do.

LOL..

While ur bragging about how much money u made from IFCA, people already untung more than 300% this year including my 44% profit from UZMA..LOL

Kids and amateur these day...shhhh..wakakakaka

I could be wrong or right..only time will tell

alphajack: wakakakaka..UZMA went down by another 5 cents today. While ur seating on a paper loss, I can take my time to buy back UZMA when it goes even lower. Wakakakaka...

If UZMA sinks to RM1.30, that's a 39% paper loss for you (based on ur average buying price of RM2.15).

Wakakaka...if I buy back UZMA at RM1.30, by the time it reaches RM2.15, I'd have already made more than 65% profit while u just only start to breakeven..Wakakakaka...


I thought ur so smart??? If ur so smart, how come ur so dumb to be seating on a huge paper loss?

Wakakakaka...

687423: the reason this clown is mocking others because he is seating on a huge paper loss from UZMA, SKPETRO and what not!! So anyone who advises others to sell these stocks would be bashed up by this clown. LOL

I've been advising you all to sell this stock about 2 weeks back. See what has happened? This stovk has collapse further since then. Sell now before the quarterly report shows a huge loss!

Come Monday, lets see how low UZMA can fall..and how much paper loss ur willing to take..


LOL

Awww...if you say no one gives a shit, how come ur telling me about it like you DO give a shit? Guess ur butthurt that I'm no amateur after all.. LOL...

That 400% profit from UZMA is just a one of my many successful long term investing ventures. The other being Supermax. I bought it for just 80 cents and it soared all the way to above RM8.00 in just a few months netting me more than 1000% profit. Try to see if you can do that dude.

I don't give a shit whether anyone gives a shit in the first place. Im telling you because i know my stuff when I buy and sell stocks, whether it's for short or long term...


While ur holding UZMA at a paper loss, I can wait by the sidelines and pick up UZMA when it falls to below RM2.00. Imagine if UZMA fell to just RM1.00, that would be a more than 50% drawdown for you (I assume you ur average price is RM2.15) unless you can average down even more..LOL

DJIA down by more than 200point..

http://www.marketwatch.com/story/us-stocks-futures-rise-ahead-of-key-consumer-mood-report-2015-03-13

Update: Oil price now at USD44.99, down by more than 4.34%. I think it will break past the low resistance of USD44..


good luck to those who are holding UMWOG. Come Monday, I think there will be another round of panic selling...

Come Monday, there will be panic selling among oil stocks..

Oil is now at USD45.11, down by more than 4%...Those who are bought Oil stock, good luck!

Nah, I disagree. From an FA point of view, UMWOG is still very expensive even at RM2.14 with trailing PER of more than 18x (2.14/(11.66/100)) when the industry average is just 10-12X. What is so special about UMWOG that it has to trade at a premium? It's dividend yield so far is a pathetic 0.45%. Orderbook only about RM1 billion. So why should anyone pay more for this overpriced stock?

I will not consider this stock unless it hits RM1.30 and below. At RM1.30, it's PER will be around 11x.

Oh..did I also tell you that I made more than 400% profit from UZMA before the oil crisis back in 2014? In July 2012, I bought UZMA at just RM0.75 cents. When it peaked at RM4.10, I sold it all.. :)

That investment alone netted me more than RM 5 million..LOL..

So you see, I'm not such an amateur after all...

alphajack: not sure how much paper loss ur in..but good luck with ur prediction. I already sold all of my UZMA shares at a huge profit.

1) Bought at RM1.66, sold at RM2.05. Profit = 23%
2) Buy back again at RM1.90 with bigger capital (initial capital + profit from #1), sold all at RM2.10 and RM2.20. Average profit = 14%
3) Buy at RM2.26, sold all at RM2.45 (could have sold higher at RM2.58). Profit = 8%


All in all, my total profit from UZMA is more than 44%. No need to wait 1 year. LOL..


Waiting for UZMA to nosedive back to below RM2.00 to pick up again.

Oil down by more than 3% to USD45.56. Get ready for a mega-sale next Monday. Woohoo!

Oil down by more than 3% to USD45.56. Get ready for a mega-sale next Monday. Woohoo!

Oil down by more than 3% to USD45.56. Get ready for a mega-sale next Monday. Woohoo!

RM1.80 is still very expensive at more than 15X trailing PER! Forward PER will be even worse as earnings are expected to decline.

I will only consider if price falls to below RM1.30 which implies a PER of around 11x.


@Alex Chong: what's ur average buying price?

Even at RM2.17, this counter is trading at a premium of more than 18X trailing PER when the industry average is just 10-12X PER!! Still want to buy this overpriced piece of crap stock?

Dividend yield is a pathetic 0.45% (at RM2.17). Shit counter!

@force: congrats u untung sikit. Maybe if you keep Supermax shares a little longer, you may untung much more

I pity those who own SKPETRO shares. Today the stock kena whack kaw kaw because 2 directors suddenly resign, 1 being Mahathir's son. When 2 directors suddenly resign for no apparent reason, it usually means something bad is going to happen to the company.

Compare that to Supermax. When Stanley Thai and his wife were charged with insider trading, none of them resigned of dump their shares. This gives investors confidence that those insider trading charges were nothing more than a political ploy to get at ST for supporting PR. Sure, the stock took a beating but weeks later, it rose back to it's pre-insider trading charges price.

Use ur head, not ur heart to think. Why would 2 directors suddenly cabut if SKPETRO is doing well? We are not talking about just 1, but 2 directors resigning from SKPETRO in 1 day. Something bad must have happened! Very likely, the management made some bad business decisions in the past which will result in huge financial losses for SKPETRO.

I'd be surprised if those 2 directors start selling of their stakes slowly in the coming days.

When Supermax's boss was charged with insider trading, he didn't sell his shares or resign. This gives confidence to investors that there's really nothing to the insider trading charges.

But in SKPETRO's case, 2 directors suddenly resign citing "personal reasons". Usually, when the directors resign giving this lame excuse, they know that something bad is coming.

I'd be surprised if SKPETRO's next quarterly result will be a huge loss due to foreign exchange borrowings. The USD has gone up alot these couple of days. Any USD borrowings bySKPETRO will hurt it's balance sheet and earnings.

AirAsia's quarterly result had a huge unrealized losses from forex. SKPETRO should also be hit with forex losses.

Sell before it nosedives to below RM2.00