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2015-01-18 10:44 | Report Abuse
KUCHING: Despite the gloomy outlook for the oil and gas industry, Pantech Bhd (Pantech) can still book satisfactory earnings, thanks to continued pipe and fitting requirements for maintenance works and the ongoing RAPID works.
RHB Research Institute Sdn Bhd (RHB Research) had initially expected Pantech to deliver stronger second half financial year 2015 (2HFY15) numbers after its 1H profit made up just 45 per cent of the firm’s full-year estimate.
2015-01-16 22:19 | Report Abuse
SCH Group may climb higher after closing above the MYR0.23 level in its latest session. Traders may buy as a bullish bias could be present above this level, with the target price of MYR0.27. The stock may pull back and drift lower if it cannot hold above the MYR0.23 level. Further support may then be found at MYR0.20, whereby traders can exit upon a breach.
2015-01-16 08:50 | Report Abuse
RI for Suma is with additional "Assets" so I do not see dilution of shares.High mkt capitalisation is good as foreign fund mgrs like this kind of counters. Anybody can write anything, end of d day crude price hv to bounce!!!
2015-01-15 12:33 | Report Abuse
“Sona, therefore, intends to approach Ophir or Salamander regarding a revised transaction post their respective shareholder meetings on Feb 6 based on new terms reflecting prevailing market conditions and level of oil prices. At the same time, Sona is also considering other alternative QA opportunities,” Sona told Bursa Malaysia......extract from Starmobile
2015-01-15 12:29 | Report Abuse
"While few dealers were prepared to say the long decline has ended, some were starting to cautiously look upward.
"I do think that the market is primed to test resistance near $50," said John Saucer, vice president of research and analytics at Mobius Risk Group. It would be a "big psychological boost" if the market manages to close above that on Thursday.- Reuters".......extract from Starmobile
2015-01-14 09:22 | Report Abuse
Last Price Today's Change Day's Range Trading Volume
0.435 -0.005 (1.14%) 0.435 - 0.445 147,600
....Perisai trying to up
2015-01-14 09:20 | Report Abuse
Last Price Today's Change Day's Range Trading Volume
0.59 +0.02 (3.51%) 0.585 - 0.59 1,960,400
.....Alam up
2015-01-13 10:22 | Report Abuse
So we may not see higher then 80 in future so merging is d right answer to stay relevant.
2015-01-13 10:21 | Report Abuse
If hits 40 shall be d bottom n rebound otherwise all die including Saudi/US ppl will be running mad against d Govt.
2015-01-12 11:23 | Report Abuse
Iran vows to help Venezuela to stem oil price fall which is being
artificial n is a polical ploy.Venezuela president is currently travelling meeting Opec to increase d price.
2015-01-10 11:43 | Report Abuse
Last week the buyers volume was extremely high, inside news must hv leaked so next price of Suma may slowly climb to 30....I am guessing!!!!!
2015-01-10 11:32 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1848809 Sumatec have set d ball rolling by buying new oil well at a reduced price so Sona may be following........
2015-01-10 08:11 | Report Abuse
‘Sliding oil price can recover faster than previous cycle’
Posted on January 9, 2015, Friday
KUCHING: Oil price is expected to recover at a faster pace than its last cycle in 2008 to 2014 as the current global situation is fundamentally stronger than before.
Maybank Investment Bank Bhd’s research arm (Maybank IB Research) in a note highlighted,the oil and gas (O&G) sector is also expected to recover faster than in 2008, supported by improved balance sheets and less speculations in the current market.
2015-01-10 08:04 | Report Abuse
2015-01-09 22:31 | Report Abuse
Foreigners like to play in shares with high market capitalisation!!!!...if crude price bounce then got show!!!!!
Stock: [MYEG]: MY E.G. SERVICES BHD
2015-01-18 20:01 | Report Abuse
http://www.themalaymailonline.com/malaysia/article/umno-man-set-to-reap-rm137m-from-myeg-share-hike-pkr-rep-alleges