Strong earnings posted

KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - Acceptance of contract amounting to RM11 million

will be moving soon

50 cents

TRC to up next monday. Good news will be out soon

got news that pestech is buying over firefighter

time to fly again

Oilman Harold Hamm said Monday the oil market will recover in 2016 as supply and demand come into balance.

"We've seen tremendous growth in the market for our supply. It's up about 3 percent on an annual basis, so it's quickly correcting," the Continental Resources chairman and CEO told CNBC's "Squawk Box." "2016 will be the year for correction, and we estimate the first half."

Once market watchers see the supply and demand lines cross, prices will begin to recover, he added.

Global oil markets are estimated to be oversupplied by about 1.5 million barrels of crude a day. Commodity prices have plummeted from highs above $100 per barrel amid a rout that accelerated after OPEC decided to forgo production caps in November 2014.

Globally traded Brent crude oil fell Monday to its lowest level since July 2014, breaking below the $36.20 price level hit during the depths of the financial crisis. U.S. crude threatened to fall below $34.

Hamm said the industry does not necessarily need oil prices to return to $100 per barrel, thanks to efficiency gains in the U.S. oil patch. Drillers have lowered the cost of extracting hydrocarbons from shale rock through a process known as horizontal drilling.

Hamm said the price of oil will return to $40 to $50 in the first half of 2015. He also expects the gap between Brent and U.S. crude to narrow following the lifting last week of a 40-year-old ban on exporting crude oil from the United States.

Allowing producers to export U.S. crude will help the product find a market in countries with refineries capable of processing it, Hamm said, noting that foreign acquisition of U.S. refineries has reduced capacity for American oil.

Vagit Alekperov, CEO of Russian oil giant Lukoil, told CNBC on Monday the oil market will be able to sustain $40 to $50 per barrel next year.

"The current purchases taking place in the industry do not incentivize the development of new exploration projects. … The volumes of oil output will be going down, and as a result, its price will be climbing back, but that will happen during the mid term," he said through an interpreter.

It is definitely coming. The fluctuation is happening at the moment due to holding power.

This counter will definitely touch .7 in 2016. Supply and demand will cross line and the wings will be back for O&G. Buying in more!

http://www.cnbc.com/2015/12/21/oil-market-to-correct-in-2016-harold-hamm.html

They will not go bankrupt, they will just cut on their investment massively till it improves

this stock is undervalued and has much potential

in for more @ 0.51

@ Alex: Oil price will be up next year. The question is how high will it go?

Buying in more on this lucrative stock

I will be smiling widely very soon :)))

KNM: Signs definitive contract for RM268.4m solid waste project. KNM Group said it has signed a definitive contract with Cypark SB for the RM268.4m solid waste project. KNM said its wholly-owned subsidiary, KNM Process Systems SB, via SHK Consortium, has signed the definitive contract agreement to undertake engineering, procurement, construction and commissioning (EPCC) works of the solid waste modular advanced recovery and treatment systems waste management solutions at Ladang Tanah Merah, Negeri Sembilan. (Financial Daily)

I have been saying for so long. 80 cents!

Support @ 0.48

http://www.bloomberg.com/news/articles/2015-09-20/oil-speculators-most-bullish-in-two-months-as-opec-calls-for-80

80cents by end of the year!

80cents by end of the year.

KNM TO FLY HIGH

The contract wins given KNM ability to replenish its orderbook amidst low oil price environment. KNM being among the largest process equipment manufacturer, should be one of the main beneficiaries of RAPID project. 3Q results will be better than 2Q as contribution from RAPID project will be gaining momentum in 2H15.

In addition, the completion of acquiring Thailand’s ethanol business should add RM22m to bottomline in FY16 for Phase 1. Potential Phase 2 will double the capacity with capex estimation of 50% of Phase 1.

80cents by year end.

I reiterate 80cents by end of the year!

This stock will fly till 80cents by year end.

MMCP - Oil price cant be this low for long as it will effect the world's economy.

It cant go any lower. Everything seems positive for KNM. Its all about holding power now.

As they throw buy and keep. Cant go wrong

As expected this share will hit TP by end of the year / beginning of next year. Time to go in for more.

As Oil Prices Slide Investors Prepare To Buy 7/27/2015 @ 10:55AM

Unless you’ve been living in a cave for the past year, you know that the price of crude oil has plummeted. At under $50 per barrel (WTI Crude), gas prices are lower, it’s cheaper to transport goods, and there are a host of other benefits. However, lower oil has also created a few problems. In this article, we’ll explore some of each and discuss a great investment opportunity emerging as a result.

Oil 101
Oil, fossil fuel, crude, whatever moniker you prefer, is highly ingrained in the fabric of our society. Until such time as a less expensive, more efficient, and abundant energy source is identified, oil should continue its dominance. It’s interesting to watch as “experts” forecast its price, much of which is driven by a profit motive. What do I mean? One expert confidently asserts that its price will go higher. Do they own a significant amount of crude? At the same time, another states the price will definitely fall. Have they “shorted” the commodity? At times I wonder if the “expert” opinions are merely a PR campaign attempting to influence the price. If the first person is more convincing, the majority will buy and the price may rise. If the second expert is more persuasive, investors may sell and its price will fall. The side wins the PR battle will make the greatest profit. And so it goes. Personally, I have no position in oil and, with no dog in the hunt, my comments are based purely on my opinion of the market.

Oil: The Downside
Oil is both plentiful and widely used. As a financial asset, the total stock market cap (total outstanding shares times price per share) of all U.S. energy companies is $3.878 trillion. That’s equates to 7.7% of total U.S. market cap. Because the price of oil has declined so drastically, business has slowed and the companies engaged in the energy sector (about 971) are much less profitable. As a result, these companies are competing in a smaller business pool. Therefore, if the price remains low for an extended period, or perhaps more importantly if it falls further, some of the smaller companies in this sector will either be forced into bankruptcy or swallowed up by their larger brethren. The downside includes bankruptcies and layoffs but there is also an upside to consider, especially for investors.

Oil: The Upside
Beyond the benefits previously mentioned, there may be a pot of gold at the end of the investment rainbow. Since the price of oil has declined, energy stocks have also fallen. At some point, when the price of oil stabilizes and the global economy resumes a more normal growth pattern, demand will rise and these stocks will rebound. This presents an excellent opportunity for the investor. It’s very much like the crash of 2008 except that it is confined to the energy sector.

Yes, there will be a great opportunity to buy energy company stocks at depressed prices at some point, hopefully in the not-too-distant future.

http://www.forbes.com/sites/mikepatton/2015/07/27/as-oil-prices-slide-investors-prepare-to-buy/

This'll be 'best investment in the world': Rubenstein

Philanthropist and billionaire private equity professional David Rubenstein has told CNBC that oil prices will bounce back over time and will make carbon-related energy assets one the best additions to any investor's portfolio.

Speaking from Johannesburg, the co-founder and co-chief executive of The Carlyle Group, reiterated his bullishness on the sector and labeled renewable energy as less efficient and cost-effective.

"In time (oil) prices will come back, in time demand will catch up with supply, and in time I do believe that carbon-related energy will turn out to be one of the best investments in the world," he told CNBC Tuesday.

Read MoreOne trader's very contrarian case to buy coal stocks

"The consumption of energy is something that we need to do to make the world go forward."
David Rubenstein, The Carlyle Group Co-Founder & Managing Director.
Adam Jeffery | CNBC
David Rubenstein, The Carlyle Group Co-Founder & Managing Director.

The asset management firm has $193 billion of assets under management, according to its website, and currently has $10 billion-$12 billion of "dry powder" to spend in the energy sector.

Oil majors and U.S. shale producers have been hit hard by a dramatic fall in the price of oil since mid-June last year. Brent crude and WTI have recently dipped back below the $50 a barrel level after a brief rally in the second quarter of 2015.

Throughout this period, Rubenstein has maintained his optimism, however, and told CNBC that he was "finding assets that are now for sale at much lower prices."

"We are, in the United States and outside the United States, very active," he said. "I don't want to predict any wide-scale declines in the value of all these (oil) companies but I do think there will be opportunities to buy things at lower prices."

http://www.cnbc.com/2015/08/04/oil-price-will-recover-over-the-longer-term-rubenstein.html

Stock UP!

Stock UP !

can buy still

sapu too $$$$

I also accumulated plenty at 5.5 cents. Now, waiting for more seller to throw at cheaper price so that I can buy more happily. Thanks for marketing for me botak..

+ve

Not possible. All declarations are made in a timely manner and is genuine.

Cant wait for November

TALAMT has skyrocketed to 0.16 :). Same will happen to glotec but expecting 0.20

keep the confidence. Im still collecting happily as well from those who are throwing on cutting lost.

My piece of cake is rather huge which creates the urgency to attend the meeting. All the questions is in my mind.

Agreed, I was expecting merger to reflect further reduction in operating cost which directly funds into the ebit but something seems to be damn wrong here.

I have started polishing my machine gun for the AGM.

I will attend the AGM. Just be patient guys.

@danny More than 1 million units bro

It doesn't meam LTAT invested wrongly. Check out on DKSH. LTAT also invested and DKSH was making losses few years back looking back at their history but now they have grown few 100%. LTAT is involved in many companies and they make wise decisions.

0.07 grab all you can

Sleeping volcano is the deadliest when it booom...

Overall its still a positive report. That's what matters most.

Sure gain. Monday to fly