http://www.theedgemarkets.com/my/article/brent-holds-above-60-after-saudi-price-hikes

SINGAPORE (Mar 4): Brent held above $60 a barrel on Wednesday supported by a hike in Saudi crude prices and strikes on oil facilities in Libya.

In a move widely seen as a vote of confidence by Saudi Arabia in demand recovery, the OPEC kingpin raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday.

"This is a sign that prices have bottomed out because it means Saudi is confident in raising prices without being afraid of losing market share," said Tony Nunan, a risk manager at Mitsubishi Corp in Tokyo.

Funny people....sell when price drop. Buy when price up.
Stupic people always sell low buy high ?
panic selling, panic buying.

As long as Hong Leong boss is still holding. Then should be no problem.
Those cannot hold or pick up. sure loss.
Can hold still got good chance to win.
Oil price should recover 2nd half 2015.....2016 fly

When oil price drop - impairment.
Later when oil price up - extra ordinary gain.
how many can hold until oil price go up.....EPF

Based on quarterly report......Cash rich

Those can pick up at current price....sure win if can hold for long term.
Oil price cannot be always below US$50. Sooner or later can touch US$60 - US$70.
Alam NTA RM0.90
Now RM0.74....below NTA

Big losses.......2more when Oil price down....worst.....NTA also down.
EPF selling......Donate 2 billions to BR1M...where got money to spend.

Sold all 1.15

http://www.nst.com.my/node/72416
Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

http://www.nst.com.my/node/72416

http://www.nst.com.my/node/72416

Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

http://www.nst.com.my/node/72416

http://www.nst.com.my/node/72416
Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

http://www.nst.com.my/node/72416

http://www.nst.com.my/node/72416

Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.

http://www.theedgemarkets.com/my/article/oil-steadies-after-opec-says-prices-may-have-bottomed

OPEC Secretary-General Abdullah al-Badri said oil prices may have bottomed out and could rise very soon. He also warned of a risk of a future price spike to $200 a barrel if investment in new supply capacity is too low.

http://www.theedgemarkets.com/my/article/oil-steadies-after-opec-says-prices-may-have-bottomed

OPEC Secretary-General Abdullah al-Badri said oil prices may have bottomed out and could rise very soon. He also warned of a risk of a future price spike to $200 a barrel if investment in new supply capacity is too low.

http://www.theedgemarkets.com/my/article/oil-steadies-after-opec-says-prices-may-have-bottomed

OPEC Secretary-General Abdullah al-Badri said oil prices may have bottomed out and could rise very soon. He also warned of a risk of a future price spike to $200 a barrel if investment in new supply capacity is too low.

http://forecasts.org/oil.htm

http://forecasts.org/oil.htm

http://forecasts.org/oil.htm

Need to break $0.800 and continue going up. Barakah is a very good company.

Oil price should go up slowly. More and more North America oil company shutting down and cutting work force. That is what OPEC want. Most reasonable oil price should be $70.00.

Oil price should go up slowly. More and more North America oil company shutting down and cutting work force. That is what OPEC want. Most reasonable oil price should be $70.00.

Not sure what Mr. Quek have in mind ? He can't just leave Alam like that ?
Or maybe he is pushing down the price to buy more using third party name....just guessing

Oil price should go up slowly. More and more North America oil company shutting down and cutting work force. That is what OPEC want. Most reasonable oil price should be $70.00.

Oil price should go up slowly. More and more North America oil company shutting down and cutting work force. That is what OPEC want. Most reasonable oil price should be $70.00.

Who is selling Alam shares ? small timer
Major shareholder is still holding firmly.

http://www.marketwatch.com/story/investing-in-oil-can-cause-pain-now-but-produce-profits-later-2015-01-08

http://www.marketwatch.com/story/investing-in-oil-can-cause-pain-now-but-produce-profits-later-2015-01-08

http://www.marketwatch.com/story/investing-in-oil-can-cause-pain-now-but-produce-profits-later-2015-01-08

http://www.marketwatch.com/story/investing-in-oil-can-cause-pain-now-but-produce-profits-later-2015-01-08

Do u think so ?

Do u think OPEC, US and Russia will let the Oil price drop contunue droping until no end ?
they also suffer.....lossing a lot of oil money.
Imagine if a day oil price go back to $70 or $80....those invested in Alam today should be laughing all the way to the bank.

http://www.theedgemarkets.com/my/article/og-shares-aligned-oil-price-fundamentals

http://www.theedgemarkets.com/my/article/og-shares-aligned-oil-price-fundamentals

http://www.theedgemarkets.com/my/article/og-shares-aligned-oil-price-fundamentals

Hope for oil price recover in 2015.
Opec predict next year could go up to $70 or $80.....just pray

Thinking of buying Alam, Armada and SKpetro.

Boring.....Should we sell TA and go for Oil & Gas stock which fall more than half ?
Maybe we could make more later when Oil price go up ?
Please advise.

http://www.theedgemarkets.com/my/article/icon-offshore-plunges-21-ipo-lock-expires

An analyst from TA Securities Holdings Bhd told theedgemarkets.com the sharp drop in Icon's share price could be attributed to the expiry of the IPO lock-up or moratorium period.

Why Icon down when most Oil & Gas stock up ?
Any Icon Ship sink ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1829189

Result can consider not bad.
NTA = $1.78
3 quarters EPS = 7.50 sen

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1828625

Toni today bought 300,000 at $0.69

Oil price still dropping

short gun

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1827189

Toni got little bullets

Sell all your Bursa and buy Oil and Gas stock.....better return and capital gain.
Buy SKPetro and Armada.....already very cheap.

I think SKPetro have found a good support level at $2.10.
Most of the Oil and Gas stock also showing good support level.
Just wait for Oil price to go up......Buy now and hold......Next year GOAT get big Ang Pow.
what go up must come down....what goes down should go up later.

NTA = $1.76
Stock price = $0.67

If TA belong to Ananda Krishnan, he will have taken TA taken private.
Too bad Tony and Alicia does not have the money or maybe they are too comfortable and too Lazy.

hope TA give good dividend next year.