russian and opec+ going continue production cut . brent heading for usd 100 soon

rm1.30 is the next target.

brent up again usd88.06

rm1.00 on the way

brent when up again.

chart show fcpo form lower high. With el nino effect , will there is rally on CPO price .

if perodua merge with sime ....mbmr volume will increase ...beta will also benefit . look like beta future eps will increase.

https://www.tradingview.com/news/reuters.com,2023:newsml_L1N3A504Q:0-malaysia-s-permodalan-nasional-weighs-2-15-bln-automakers-merger-in-ev-push-sources/

https://theedgemalaysia.com/node/679961
Maybe going to bring in EV manufacturing to malaysia ....from toyota or byd. why want to merge sime and mbmr?

Malaysia's Sime Darby to acquire 61% stake in UMW Holdings for $769 mln
Aug 24, 202314:08 GMT+8
Malaysia's Sime Darby
SIME
said on Thursday it has entered into an agreement with asset manager Permodalan Nasional Bhd to acquire a 61.2% stake in UMW Holdings Bhd
UMW
for 3.57 billion ringgit ($769.40 million).

($1 = 4.6400 ringgit)

Maybe bring in toyota EV into malaysia

with brent price getting lower , will consolidating make a different ? better stay side line till down trend end.

magnum chart very nice, if break 200MA rm1.17. another strong signal of uptrend

With 3sen EPS ...IF 4 quarters x3sen = 12sen which translate to PE of 13 . this can be safe entry for magnum if you are long term investor.

you get info from where. invest in bank need go long as 5 to 10years. i don't think 99 boss so short sighted ...playing share trading.

break rm1.10 ...next rm1.30. gogogo

look like the bull of oil price has started . US CPI going to go up again .

hongseng very soon will join 1sen counter.

when kyy say good about something . it is time to sell . look like buying put on on A50/HSI is good choice.

hengyuan has sleeping for too long. time to wake up. brent oil continue moving up .

stand buy to pick at 90sen.
Nasdaq is causing a panic

oil price uptrend to continue
https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Balloon-On-Largest-Single-Week-Crude-Inventory-Crash-In-Years.html

hengyuan need to break resistance level at 3.60

yahoo...movement is on ....

look like brent going to break usd86 soon

last 30min push down , look like big boys is collecting but still not enough. need to maintain at this price until collect enough.

yahooo.....usd 100 coming. very soon will all over the news.

genm is back with volume

i stay pj , also oppose the highway. more like a money making highway. not really helping resident in pj.

there support at RM4.05. just wait and see

https://theedgemalaysia.com/node/676675
Foreign investors’ net buying continued into third week, hit highest since a year ago, says MIDF Research

patient , when news out is all over the main stream news. hibiscus will be a boom.

https://youtu.be/n-ndpsoVHjA
More uptrend on oil price. with more oil refinery closing for maintenance. Gasoline will be more expensive.

https://youtu.be/n-ndpsoVHjA
Brace for more uptrend . Oil price going

there heavy resistance at 94 sen. someone is stopping hibicus uptrend.

hibicus chart also bullish . RSI still on uptrend.

BRENT chart show uptrend with all above 5MA, 20MA , 50MA and 200MA. look very bullish. Can go easily hit USD86.

ada chance boleh break 84.

abmb going to break 200MA at 3.51 .

look like someone is selling at 94sen. every time hit 94.5 sen there is seller throw at 94 sen.
With oil price moving up ...hibicus uptrend cannot be stop . OPEC not going to stop cutting output .

beware of the corp mafia dumping.

brent break 83usd . hibicus benefit with raising oil price

HIbicus break higher high , on uptrend .

look like someone collecting

https://oilprice.com/Latest-Energy-News/World-News/Saudi-Arabia-Could-Slash-Oil-Supply-To-The-US.html

a lot transaction at rm0.94 .

target rm1.20 ..coming

brent if break 200MA at usd82 ....oil is on up trend.
looking at chart... already set higher low , now wait to break higher high at 81.26

look like opec not going let price coming down. more production cut coming.
Just have to wait for the main stream media to make big news out on strong oil price.
" Minyak Dunia Naik Harga"

look like glove downtrend is in reversal . more small player are closing their factory. The big 4 will survive.
https://thecorporatesecrets.com/blog/2023/07/19/aspen-group-tutup-syarikat-sarung-tangan-getah-di-kulim-kedah/
Aspen Group tutup syarikat sarung tangan getah di Kulim Kedah

sudah 1 minggu non stop naik ....rm1 coming for sure.