like usual la.

OPEC member Kuwait said Thursday there was no need to call an emergency meeting for the producers' cartel to discuss sliding oil prices after crude hit a 17-month low.
"We do not believe there is a need to call an emergency OPEC meeting" to discuss the drop in prices, Oil Minister Ali al-Omair told reporters at the end of a regular meeting of the oil ministers of the Gulf Cooperation Council (GCC).
"So far, we are confident that prices have not dropped to the extent that makes us call for an emergency meeting," Omair said.
Oil prices fell in Asia Thursday after coming under pressure due to weak global demand and a supply glut, even as US President Barack Obama vowed to destroy jihadist militants in Syria and oil-rich Iraq.


as i said, Russia a non opec member will flood the mkt with oil. wait n see.
on the back of news of New war by obama, the oil price not only doesnt reactively move up like before, it kept sinking, oil price is very bearish. wont stop dropping until 80x level.

how to go up? everyday i see sumatec struggling to close unchanged. yesterday volume of less. today since so many want to sell at 44c, they are force to buy more 44c. but sooner or later they will retreat to lower level, infact. today has breach the 44c.

the closing of 44c is fake.

brace for 40c to come. technically it is a level it must touch. whether it hold at 40c or not, cant tell now.

bravoup is smarter than Mara fund. they should hire him.

Brent crude fell to a 17-month low below $98 a barrel on Thursday, down for the sixth straight session as worries over ample supply and weak demand outweighed concerns that conflict in the Middle East could curb oil production.

Sea crude oil hit a high above $115 in June as Islamist insurgents swept across northern Iraq, taking control of several oilfields, but prices have now fallen more than 15 percent from their highs as supply from other countries has increased much faster than demand.




run for your life. the right issue to acquire the 2nd oilfield will b postpone indefinately as no investment bank would want to underwrite the right issue which may be undersubsribe. unless they take a big hair cut from the pricing. either way it means downside of sumatec not limited to 40c.

few points.
1)earning forecast is a joke now. how to forecast when u donno the oil price next 4 yrs?
2)reducing the right issue price means printing of more shares to dilute existing shareholder, further dampener for eps (already fake, become more fake)
3)investment bank walk away from oil n gas asset corporate exercise.

i know it is difficult to accept for all those hardcore sumatrian, but ask yourself this, do u feel cheated by halim?

trust your feeling.

aughdieme77 something is not right in this counter. just bcareful for short term gyration. i have sold all a months ago.
11/09/2014 22:43

get out while u still can, all the fuelsub by dsonic is nonsense. once they distribute enuf it just free fall. by then even 1.00 also possible.

BBB79
2627 posts
Posted by BBB79 > Sep 11, 2014 06:58 PM | Report Abuse

那兩個師傅說的跌到1.5，起到2.0，同一天。好像都沒有發生咯。


humbled
1086 posts
Posted by humbled > Sep 11, 2014 07:34 PM | Report Abuse

BBB79, 他们说的应该是近期内而不是今天吧？



correct.
BBB79, 他们说的应该是近期内而不是今天吧？

ultimately pmetal would drop below 5.00 and settle around 5.00 and coma.

classic peak pattern, will melt to 6.00 soon.

aluminium prices is expected to drop in conjunction with all commonities like gold oil silver iron etc etc. incl food coffee etc.

the massive deflation of anything from the ground. the end of commonities super-cycle?

now the traders are all shorting making money selling down and buying back cheaper.

today any new stories abt train alignment, engine oil bla bla??

pls la noraini, change your stories abit la, the train n alignment story is more than 1 year liao. try something different.
for example, the ship is heading south pole.

Stock: [IRIS]: IRIS CORPORATION BHD
Sep 4, 2014 03:47 PM | Report Abuse

now every body is loosing hope ....



this is by
zaidsmadi --But it was a correction only ....tomoro down again
Unfortunately
11/09/2014 20:57



see how Iris had a sharp reversal just when everybody losing hope? in technical term it is call terminal shakeout. still ppls r in disbelieve as many throw the towel when they r most feared.

same like ifca now, i dono when it will have a sharp reversal, but i m confidence there will be one. after playing it for 1st round 2nd round and now 3rd round.
when that happen i m sure many will come in and remind u to 1. take profit, 2. runzz, fake one, trap ppls only 3. fundamental not justify, 4) brahmal /yong push up to distribute. 5) up too fast, quickly lock in profit bla bla.

my return of this ifcamsc is more than 100% (since kukuman warned) as i scoop up lots of warrant at 22c after confirming the mother shares is heading to uncharted territory. how can the warrant not up? and i sold all of them at 41c. all within a few days.
i had thought of letting profit run, but the speed of which it goes up really force me to take some money from the table. bcos i have never seen this type of quantum for long time. i was trading sumatec, right from 35c all the way but i could only see it up 1 cent 2 cent a day.

my entry level was 28c for last round (2nd round) i have monitored it and tested it numerous time to found 28c are all fake sellers. so the moment it cross the 28c at bulk, i rushed in to buy. why did i monitored it? bcos i have made the first round effortlessly. u can say by luck.

my first round, my entry level is ridiculously low. 17c. and i exited at 30c. but i have never imagined the 2nd round profit can be so furious. 10x of 1st time.

it says so much about the velocity of this company.

not asking anyone to believe, treat it as a joke i dont mind.

the moral of the story, those who listen to kukuman lost the chance to make 35c to 51c. ie. 16c profit
that is the return of 46% within less than 3 days.


i took my profit at 51c. leaving free shares to keep. i m grateful there is such a company to trade.
it has blown my record of recent years on the speed and quantum of profit made in terms of % and liquidity.

so why is ppls still complaining? Simple, they missed the boat.

Stock: [IFCAMSC]: IFCA MSC BHD
Aug 25, 2014 10:09 PM | Report Abuse

soon many losers will join the group of drowned players of the like pdz, sumatec and glotec. loser never learn


he has predicted crash when it was 35c. but the stock went up all the way to 52c within next few days, and he kept quite.

now that it has drop due to profit taking. (who doesnt make profit those who bought not on brahmal news?)

now kukuman come out say he knew it. typical sinkalingam. when 50c or when Brahmal entered why he never come here to shout collapse soon?

Posted by Kukuman > Sep 11, 2014 09:31 PM | Report Abuse

Show already long ended. But many still in denial mode. Pity


this is really interesting!!!