@Reap88 I agree.

@Fundamentalist91 Totally agree. Biggest scam stock in BSKL. They make money from trading their stocks and keeping prices artificially low. All profits to themselves only. You and I are attracted but our buying won't move prices because they have billions of shares in float.And they are issuing more rights shares??!! Best to stay away and invest in other counters.

@Fundamentalist91 Totally agree. Biggest scam stock in BSKL. They make money from trading their stocks and keeping prices artificially low. All profits to themselves only. You and I are attracted but our buying won't move prices because they have billions of shares in float.And they are issuing more rights shares??!! Best to stay away and invest in other counters.

Conman counter. Taking money from investors, no real business. Millions of Preference Shares converted to real shares over last few months. This is the next NetX 1 sen stock. Same goes for Dynacia(formerly known as Tatt Giap). Stay away.

Some of our top banks including Maybank have lent billions to Sapnrg over the last few years. Not to mention that our banks are also exposed to other huge loans to Genting, Air Asia, etc. However, we are lucky that our rubber gloves industry is doing really well (although maybe over-priced).

China warnings
http://www.klsescreener.com/v2/news/view/486404

KWAP has been disposing millions of shares.

Sapura Energy Bhd
(Jan 24, 28 sen)
Downgrade to hold with a lower fair value (FV) of 30 sen: Even though our earnings forecasts for Sapura Energy Bhd are unchanged on positive order book prospects, the overhang of underwritten shares from the undersubscribed rights portion will limit any potential upside over the medium term.
http://www.klsescreener.com/v2/news/view/484360

Last 4Q - Losses of 743mil.

Lots of fake buy queues.

Heading south. Below 20sen coming soon.

Rights issue probably waiting to be announced.

The buy queue was 600000 in morning but volume done only 300000+. Yes, fake queues again. At 4.44pm, will it go down again like yesterday and this afternoon or up suddenly?

Maybe forced selling or margin call

This is how Sapnrg will be after RI in a few days.

pang72: 17Dec 164mils force sell
10Jan 191 mils panic buy back...
So, it is bullish...
12/01/2019 19:07

...and 191 mil force sell next week?

Palm oil is still in the doldrums. No recovery expected anytime soon. So plantation stocks including FGV have limited upside.

Huge masses of jungle land in Malaysia and Indonesia (esp Sumatra and Kalimantan) have been cleared for oil palm plantations in the last 40 years. Wildlife habitats have been destroyed. Is Man so greedy and unkind that he is blind to the needs of other living things (biodiversity)? Will the Sumatran rhino, tiger, orangutan and many other species including flora become extinct one day like the dinosaurs and Mauritius Dodo bird? We need to ponder about this.

KUALA LUMPUR (Jan 10): Malaysian palm oil futures declined at their sharpest daily rate in two weeks by the end of trade on Thursday, snapping two sessions of gains, on bearish official data on December inventories, production and exports.

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange fell 0.9% to 2,163 ringgit (US$528.21) a tonne at the close of trade, its biggest daily decline since Dec 26 and coming off a near three-week high it hit in the previous trading session.

It earlier fell as much as 1.5% to an intraday low of 2,150 ringgit.

Trading volumes stood at 35,351 lots of 25 tonnes each at the end of the trading day.

Data from industry regulator the Malaysian Palm Oil Board (MPOB), released after the market paused for the midday break, showed end-stocks rising 6.9% from the previous month to 3.21 million tonnes.

Inventory levels are at their highest in at least 19 years, according to Refinitiv Eikon data.

Went up 36% earlier!

Market manipulators should be handed 20-year jail terms.

Securities Commission, please investigate.

By right, KLSE should suspend the counter at 30% up. In Msia, so,so many are extremely corrupt. No hope!

KWAP and directors thank everyone for your huge contribution! ;)

Warrant conversion 1.32. List tomorrow. Huge loss for warrant players. That's why the big push, I guess.

KWAP bought 1.1m shares last week.

Tabung Haji's liabilities more than assets. They have to raise a lot of money to cover debts. This is one of their stocks.

Washington (CNN) - President Donald Trump walked out of discussions to end a partial government shutdown, now in its third week, calling the talks with congressional Democrats "a total waste of time."

Washington (CNN) - President Donald Trump walked out of discussions to end a partial government shutdown, now in its third week, calling the talks with congressional Democrats "a total waste of time."

http://www.financetwitter.com/2018/12/congrats-umno-pas-how-najib-regime-transformed-tabung-haji-into-a-ponzi-get-rich-quick-scheme.html

http://www.financetwitter.com/2018/12/congrats-umno-pas-how-najib-regime-transformed-tabung-haji-into-a-ponzi-get-rich-quick-scheme.html

Made loss of 97mil latest quarter.

Trump concerned about being impeached, sees it as a 'real possibility,' source says

President Donald Trump has expressed concern that he could be impeached when Democrats take over the House, a source close to the President told CNN Monday.

"Investors are also nervously watching a recession indicator in the bond market: the slope of the yield curve. The gap between the two-year and 10-year Treasury yield shrank this week to levels unseen since just before the Great Recession. An inversion -- where short-term rates are higher than long-term ones -- has been a reliable prognosticator of recessions in the past."
CNN

"Investors are also nervously watching a recession indicator in the bond market: the slope of the yield curve. The gap between the two-year and 10-year Treasury yield shrank this week to levels unseen since just before the Great Recession. An inversion -- where short-term rates are higher than long-term ones -- has been a reliable prognosticator of recessions in the past."
CNN

When the world was recovering from the 80s recession, oil was around 20-25!

Although bad for oil exporters, low oil prices are actually good for world economies. Cost of production comes down.

Blame previous BN govt, blame low palm oil prices. PH is not responsible. Nobody can do much at the moment as world economy is struggling.

"Self-driving cars will hasten the switch from gasoline-powered automobiles to electric vehicles. The sensors and computers calling the shots will need electrical power, rather than horsepower that gasoline engines provide."
(CNN)

"Self-driving cars will hasten the switch from gasoline-powered automobiles to electric vehicles. The sensors and computers calling the shots will need electrical power, rather than horsepower that gasoline engines provide."
(CNN)

Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world's top palm oil producer, announced measures to increase shipments.

The sharp drop in palm oil prices in late trading was in direct response to the announcement that Indonesia will help palm oil exporters by reducing its export levy to zero from $50 a tonne previously, traders said.

http://www.klsescreener.com/v2/news/view/461650

Crude palm oil (CPO) for third month delivery fell below the crucial RM2,000 level on Wednesday – the lowest since September 2015 – as crude oil prices slumped.

@muarmali: Haha...and no quakes, typhoons, tsunamis or volcanic eruptions. But plenty of dishonest, greedy and corrupt people.

New IPO share holders can profit from any sale above 25 sen.

Fake queues. Disappear in a blink.

IPO price was 25 sen.

Malaysia trade data for Aug (big drop in exports vs expectations):
* Aug exports -0.3 pct y/y vs Reuters poll +5.7 pct
* Aug imports +11.2 pct y/y vs poll forecast +10.1 pct
* Aug surplus 1.6 bln rgt vs poll forecast 9 bln rgt
* Exports to China +4.5 pct y/y; to the U.S. -2 pct y/y

Huge falls in oil price. Back to the red for oil counters?

If you think the price is manipulated, just don't buy, don't queue and it will fall over time.