Buy back 0.46...

Selling pressure too strong...RUN first...

good morning putties. whack the hk up to 70sen today. :)

Why don't have sell futures or buy put warrants??

This is opportunity of a lifetime to make money!!

Today IFCA could test 40sen lor...

Just woke up to study my Sejarah book.... :)

Sweee....DJ loss 588 pts!

Crude loss 5.5% to $38!

Everyone pls hold your fire! Don't take profit too early. We are aiming for 60 cents today!

DJ loss 588 at closing

Sweee....DJ loss 588 pts!

Crude loss 5.5% to $38!

Everyone pls hold your fire! Don't take profit too early. We are aiming for 60 cents today!

Dun worry DJ still loss about 600 points towards the final hour...

less than 1 hour of trading, loss about 600 pts for DJ....


What a swing!

Dow will open at least 600 pts down...swee ar!!!

Just ride the wave...tomolo wud be a great day towards 0.60!

Top up without fear...DJ habis tonite!!!

Opportunity of a lifetime! You miss it, your lost it!

80 cents dijamin oleh kerajaan AJ. :p

Hold your fingers!!!

Ya lor stupid itrade cannot access...this morning i queue to buy more HV dunno got match or not?

50sen coming...coming.....huat ahhhhh!!!!

KLCI 1500 before end of the month...down you go!!!

Follow the leader AJ. I know it's tempting, but DON'T hand itchy go press the sell button...

sid_slash...why sell now? DJ futures is down 400 pts. Tonite DJIA will be slaughtered again...tomolo another happy day for HK and HV. :)

Still not too late. DJ futures down 400 pts. Tomolo another blood bath coming!

Cannot access my cimb itrade...bursa panic or what?

alphajack i believe you! Together we will make millions!!Hehehe!

Dont worry buy high sell higher!!! China collapse, DJ collapse, the market is not recovering anytime soon! This type of opportunity doesn't come often! Sell your house, sell your car, sell everything to buy PUTS!

Syndicate pushes down the price to buy more....

Dow futures is down 400 pts, tomolo another blood bath!!

Today's lowest 42sen bro oil gas...

TP : 50sen before Friday when Bersih takes to the streets :P

Get ready with popcorn...and enjoy the KLCI bloodbath...heehe

Can't wait to see the show....

You guys should really hedge your position thru FMBKLCI-HK....

Soon HK will be at this price RM1.10...hehehe

HIV - high risk group mah :p

Damn you Maybank! Without EPF you are nothing! You should be priced at RM3 level. Damn you!

Sell your house! Sell your car! Sell your girlfriend! Sell everything!! The bear is hear to stay until next year! Dump all your belongings and underwears into HK and HV! With monkeys running the country, KLCI will be below 1000 in no time!! Trust me!!!

Screw you, EPF! Stop artificially prop up the market!

Habis ler duit EPF kita... nabei@EPF and Ajib!

I just bot 100k of HK at 40sen. Hopefully KLCI will go red red today. Haha...

Hi alphajack,
I'm newbie in put warrants. Can you help with my questions please?

1) Settlement level - is it based on KLCI or FKLI index?

2) Suppose i have 100k of HK and keep it until expiry 29.1.2016, and the index is 1500, then my CSA is (1735-1500)/666*100k = RM35,285.
CIMB will pay me RM35,285 on 29.1.2016, is this correct?

3) How does CIMB make money in this case?

Oil plunged to the lowest level in more than six years in New York as a government report showed that U.S. crude stockpiles unexpectedly increased.

West Texas Intermediate slipped as much as 4.7 percent after the Energy Information Administration said crude supplies rose 2.62 million barrels last week. An 820,000 barrel stockpile decline was projected by analysts surveyed by Bloomberg. Crude imports surged to the highest level since April as refineries reduced operating rates.

Oil has tumbled more than 30 percent since this year’s peak close in June amid signs that producers are maintaining output even after a surplus pushed prices into a bear market. WTI could drop to $32 on the persisting global surplus, Citigroup Inc. said in a report Wednesday.

“This was the opposite of what was expected,” Bob Yawger, director of the futures division at Mizuho Securities USA Inc. in New York, said by phone. “There were a number of refinery hiccups last week and as a result demand fell.”

WTI for September delivery, which expires Thursday, dropped $1.84 cents, or 4.3 percent, to $40.78 a barrel at 11:36 a.m. on the New York Mercantile Exchange. Prices touched $40.60, the lowest since March 2009. The more-active October contract slipped $1.80 to $41.32.

Brent for October settlement fell $1.77, or 3.6 percent, to $47.04 a barrel on the London-based ICE Futures Europe exchange. It touched $46.85, the lowest since January. The European benchmark crude traded at a $5.72 premium to October WTI.
Market Balance

Oil balances point to further oversupply throughout 2015, “begging the question how low can oil go?” Citigroup analysts led by Seth Kleinman said in the note.

“Eventually, supply and demand will come into balance, but it will take a while,” Chip Hodge, who oversees a $9 billion natural-resource bond portfolio as senior managing director at John Hancock in Boston, said by phone. “Oil prices are too low to support production at this level.”

U.S. crude inventories rose to 456.2 million barrels in the week ended Aug. 14, the EIA said. Stockpiles at Cushing, Oklahoma, the delivery point for WTI traded in New York, rose 326,000 barrels to 57.4 million, the first gain in four weeks.

Refinery inputs to distillation units slipped 1 percent to 17.1 million barrels a day. Refineries operated at 95.1 percent of their capacity, down 1 percentage point from the prior week.
Fuel Stockpiles

Inventories of distillate fuel, a category that includes diesel and heating oil, rose 594,000 barrels to 148.4 million, the most since October 2011. Gasoline supplies dropped 2.71 million barrels to 212.8 million, the least since November.

The Organization of Petroleum Exporting Countries has pumped above its 30 million-barrel-a-day quota for more than a year, according to data compiled by Bloomberg.

Saudi Arabia’s oil exports rebounded in June from a five-month low as the largest OPEC producer boosted output, according to data on the website of the Joint Organizations Data Initiative, or JODI. Output rose to 10.564 million barrels daily from 10.3 million. Saudi Arabia told OPEC its June production was a record, exceeding a previous all-time high set in 1980.

Angola plans to ship 1.83 million barrels a day in October, the most since November 2011, according to a preliminary loading program obtained by Bloomberg. That compares with 1.77 million barrels in September.

Iraq must increase oil output to meet the needs of its growing population and provide services, Prime Minister Haidar Al-Abadi said on his website. The nation’s production climbed to a record 4.18 million barrels a day in July, according to the International Energy Agency.

Sad to say the play for Suma is already over long time ago! The experts Noraini, Ykjohn etc sudah move on, gone with the wind, podah! The experts cannot save you. Only you can save yourself!

Push the price to RM5 better. Everyone happy!

9sen can buy and keep for one year??

KETUPATLAZAT YOU ARE FULL OF BULLSHIT!

FACT!!!

Whether rubbish or not, get in fast, get out fast! The essence is to don't get trapped by the syndicates! Hihihi

Take profit fast!

Take profit!

Limit up for stocks under RM1 is 30c not 30% ok. It's not even close to the border yet...

Needs volume to push up to TP 70c....

Another battered down stock is KNM, i see lots of potential following the RI proposal. The players will push up the price before the RI takes place next year. I bought in at 39.5c 2 days ago and today average up at 44c...