http://www.thestar.com.my/Business/Business-News/2014/11/05/CPO-recovery-continues-Commoditys-price-may-hit-RM2500-by-first-quarter-of-next-year/?style=biz

http://www.thestar.com.my/Business/Business-News/2014/11/05/CPO-recovery-continues-Commoditys-price-may-hit-RM2500-by-first-quarter-of-next-year/?style=biz

PETALING JAYA: The price of crude palm oil (CPO) is well on the road to recovery with the average price targeted at RM2,350 to RM2,400 per tonne this year, and may extend its climb to touch RM2,500 per tonne in the first quarter of next year, said local plantation analysts.......catalyst for Klci

Dow Jones 17,383.84 +17.60 0.10%

In my opinion d accounts based on forward contract sales or deal done b4 d fall so d sales done could be b4 d critical price n this figures incorporated into d financial statement!!!

Probably making it earlier, rushing for RI as they r suppose to finalise by yr end.

SMTC:Bursa Malays Stock Quote - Sumatec Resources Bhd ...
www.bloomberg.com/quote/SMTC:MK
Stock analysis for Sumatec Resources Bhd (SMTC:Bursa Malays) including stock price, stock chart, company news ... Next Earnings Announcement, 11/18/2014 ...

The Prime Minister called on all Government-Linked Investment Companies (GLICs) and GLCs to step up their effort to ensure that they graduate from the GLC Transformation Programme wıth “dıstınctıon” in 2015.

PARLIAMENT BN's Kinabatangan MP Bung Moktar Radin said today he is "ashamed" of national carmaker Proton's inability to come up with "original" cars and he slammed it for consistently adapting its technology from other carmakers.

"Once it was Mitsubishi, now it is Honda. What is the point if the body is Malaysian, but the spirit is Japanese?" he asked in his supplementary question during question time today.

Next Earnings Announcement 11/18/2014
.....pls remember that d report is based on d crude oil price b4 d fall...basing on this report Bursa may approve d 40 so one reason Suma is on uptrend.I belief d sharks hv already chased d weak players???

KUALA LUMPUR: RHB Research Institute has raised its Financial Year 2014 earnings per share (EPS) forecast on Alam Maritim Resources Bhd by five per cent.

This follows the positively surprising RM31.7 million demobilisation job secured by the company yesterday, coupled with a possible short-term contract for the 1MAS-300 pipelay barge, the research house said.

* The Organization of Petroleum Exporting Countries meets in Vienna on Nov. 27 to decide on production targets for next year, and market participants are looking for any sign on whether the producer group will move to shore up prices by trimming output.

TOKYO: Japanese stocks jumped to a seven-year peak on Tuesday, as investors lapped up a set of positive catalysts including an unexpected central bank move to ease policy further and a reallocation of funds to domestic stocks by the public pension fund.

X
We were created by god to do our duty so how god going to save u if don't belief in duty.All of us r duty bound n if we fail in our duty u cannot go to heaven enshrined in d great hindu mythology (Ramayana). Now very clearly u can see d implications.If d parents don't bring up d children properly..what happens, country goes into chaos n if d police, judges,teachers etc don't do their duty what happpens?There a million over hectares in d country with yield below 20mt n these companies stock prices cannot sustain but if their yield is more then 23mt..well u can see d price of UP/Klk n i hv spoken in detail d implications in this forum.During d Asian crisis Palm oil saved our economy but now crude palm oil not able to sustain d fall crude oil of our Klci.

We were created by god to do our duty so how god going to save u if don't belief in duty.All of us r duty bound n if we fail in our duty u cannot go to heaven enshrined in d great hindu mythology (Ramayana). Now very clearly u can see d implications.If d parents don't bring up d children properly..what happens, country goes into chaos n if d police, judges,teachers etc don't do their duty what happpens?There a million over hectares in d country with yield below 20mt n these companies stock prices cannot sustain but if their yield is more then 23mt..well u can see d price of UP/Klk n i hv spoken in detail d implications in this forum.During d Asian crisis Palm oil saved our economy but now crude palm oil not able to sustain d fall crude oil of our Klci.

* Top oil exporter Saudi Arabia has hiked the price of crude to customers in Asia and Europe in December, but deepened cuts to U.S. buyers in a sign it may be redoubling efforts to retain its share of the world's biggest market.

TOKYO: Asian stocks dipped in early trade on Tuesday with disappointing Chinese data and a Wall Street slip dampening the mood, although Japan bucked the trend and rose sharply on follow-through momentum generated the Bank of Japan's surprise monetary easing last week.

To get d 40 price must be pushed up, 52 seems to be more realistic but wt d present crude oil price what is d basis for d push so Obviously d coming Q (18/11) is going to be exceptional n HS may use this figure for d push...does it make any sense???

Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has secured two contracts worth close to RM350mil for offshore fabrication and other associated works for exploration and production projects in Peninsular Malaysia.The first contract, the company said, was for the fabrication of well-head platform and its jacket, the connecting bridge and heavier jacket for the central processing platform for the North Malay Basin Bergading Complex......@Ring "whatever happens in d globe d Caravan will keep moving" so O&G companies r not worried on d drop in price but they carry on wt their business as usual.

On 18/11 crucial for Suma whether estimated or actual no idea, last Q they couldn't give d actual figure which all of us know, of course they cannot be telling another story.For Bursa to approve RI 40 d Q got to be positive.

http://www.bloomberg.com/quote/SMTC:MK

.....perhaps Suma on forward sale contract on a fixed price b4 d fall ???????

SMTC:Bursa Malays Stock Quote - Sumatec Resources Bhd ...
www.bloomberg.com/quote/SMTC:MK
Stock analysis for Sumatec Resources Bhd (SMTC:Bursa Malays) including stock price, stock chart, company news ... Next Earnings Announcement, 11/18/2014 .....@Ring I belief d result will be good or favourable.

KUALA LUMPUR: The FBM KLCI closed in the red on Monday on profit taking of Petronas Gas, CIMB and FGV but the selling pressure was absorbed by buying support for Tenaga and telcos.

Key Asian markets were mostly lower on profit taking after last week’s rally. Japan was closed for a holiday while Hong Kong shares finished lower as investors took profits following solid gains last week.

O&G counters rebounding but Suma confusing ppl....mmmmmmmmm

03/11/2014 SKPETRO 3.39 6.84 +3.45 (101.77%) BUY CIMB

03/11/2014 PERISAI 1.10 2.20 +1.10 (100.00%) BUY CIMB
.......O&G a lot of demand???

Today profit taking!!!!!

According to HLIB Research, KLCI might witness further rebound in the early part of this week, but it warned that profit-taking activities were likely to emerge. It put weekly resistances near the 1860-1870 zones whilst supports fall on 1,840-1,850 levels.



JF Apex Research weighed in by saying it expected the index to hover around 1,850 points with potential profit-taking taking place.

Futures climbed as much as one per cent to RM2,329 (US$703) a tonne on Bursa Malaysia Derivatives, the highest level for a most-active contract since July 14. Prices were at RM2,324 by the mid-day break. A close at RM2,315 would be 20 per cent more than the RM1,929 settlement on August 29, meeting the common definition of a bull market.

Palm rallied from a five-year low as Indonesia and Malaysia scrapped export taxes to lure buyers amid a global glut in cooking oils. Soybeans rose 6.7 per cent last week as rain slowed harvesting in the US and planting were delayed in Brazil. Palm prices may jump to RM2,500 by March as output drops, says Dorab Mistry, director at Godrej International Ltd. Malaysia last week said it would start the B7 biodiesel programme from November which will boost the use of palm biodiesel.

http://www.nst.com.my/node/49006

Fgv using reserved funds to invest so shd d price drop???????

http://www.nst.com.my/node/49016

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1783181

PETALING JAYA: Malaysian executives expect merger and acquisition (M&A) activity in the local market to be dominated by mid-market sized deals in the next 12 months.According to the bi-annual Ernst & Young Advisory Services’ (E&Y) South-East Asia Capital Confidence Barometer published recently, Malaysian executives, like their Asean counterparts who took part in the survey, expect deals of US$50mil (RM165mil) and below to drive M&A volumes in the next 12 months.It also said the main drivers for M&As locally is corporate earnings and access to financing. E&Y Malaysia’s transaction advisory services head George Koshy told StarBiz that corporate earnings outlook among Malaysians was expected to improve positively to the next 12 months. “There is a very bullish sentiment in the market place,” he said. He explained that the bullish sentiment and the confidence stems from the positive gross domestic product (GDP) growth of 6.4% in the second quarter of 2014, the double-digit growth in private investments which expanded by 12.1% and private consumption which increased by 6.5%. “Bank Negara is confident that GDP for this year will exceed its forecast,” Koshy said. According to the barometer, three out of four Malaysian executives surveyed expect the local M&A market to improve in the next 12 months. However, unlike their counterparts in five other Asean markets surveyed, Malaysian executives expect all M&A deals to be in the US$50mil and below range.This would be a sea-change among Malaysian executives, who six months ago expected 40% of deals to be above US$251mil and another 40% in the US$50mil to US$250mil range.Koshy said in the past 12 months, 46 deals out of 99 deals were done in Malaysia below US$50mil and the bulk of it derived from the industrial, consumer, energy and leisure sectors

PETALING JAYA: Malaysian executives expect merger and acquisition (M&A) activity in the local market to be dominated by mid-market sized deals in the next 12 months.According to the bi-annual Ernst & Young Advisory Services’ (E&Y) South-East Asia Capital Confidence Barometer published recently, Malaysian executives, like their Asean counterparts who took part in the survey, expect deals of US$50mil (RM165mil) and below to drive M&A volumes in the next 12 months.It also said the main drivers for M&As locally is corporate earnings and access to financing. E&Y Malaysia’s transaction advisory services head George Koshy told StarBiz that corporate earnings outlook among Malaysians was expected to improve positively to the next 12 months. “There is a very bullish sentiment in the market place,” he said. He explained that the bullish sentiment and the confidence stems from the positive gross domestic product (GDP) growth of 6.4% in the second quarter of 2014, the double-digit growth in private investments which expanded by 12.1% and private consumption which increased by 6.5%. “Bank Negara is confident that GDP for this year will exceed its forecast,” Koshy said. According to the barometer, three out of four Malaysian executives surveyed expect the local M&A market to improve in the next 12 months. However, unlike their counterparts in five other Asean markets surveyed, Malaysian executives expect all M&A deals to be in the US$50mil and below range.This would be a sea-change among Malaysian executives, who six months ago expected 40% of deals to be above US$251mil and another 40% in the US$50mil to US$250mil range.Koshy said in the past 12 months, 46 deals out of 99 deals were done in Malaysia below US$50mil and the bulk of it derived from the industrial, consumer, energy and leisure sectors

Foreign Funds Flowing Back Into Malaysian Equities

1 hours ago
KUALA LUMPUR: Foreign funds started flowing back into the Malaysian stock market in the week ended Oct 31, in line with the key Asian markets, according to MIDF Equities Research....extracted from Starbiz

“Malaysia’s growth is expected to surpass the forecast numbers even though growth in the neighbouring countries is expected to be slow,” Koshy said.....extracted from Starbiz

Generally oil price is d talk of d town n d price has got its pros n cons but I still feel d price may be controlled around 90+ by US.

Both Japan n US positive Klci on uptrend.

http://www.freemalaysiatoday.com/category/business/2014/11/01/exxon-chevron-results-boosted-by-refining-as-oil-prices-slip/

http://www.freemalaysiatoday.com/category/nation/2014/11/01/stay-out-of-papua-new-guinea-kl-kepong-told/

O&G Firms Going Ahead With Spending And Plans Despite Low Oil Prices....from Starmobile.

Klci n Dow appreciating besides palm oil price also up what happened to Suma!!!!!!!!!!

Dow Jones 17,195.42 +221.11 1.30%

Ya!

Fund Buying Sees KLCI Nearing 1,850 Level

4 hours ago
KUALA LUMPUR: Fund buying of CIMB Group, TM and DiGi helped the FBM KLCI extend its gains with the 1,850 in sight amid a firmer broader market.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1781013

Brent Crude Oil
$87.12 ▲1.09 1.25%
2014.10.29 end-of-day