When just a fund comes in to push up, short sellers will have paper loss immediately. For example short selling from 70cents to 50 cents, their average short selling price is 60 cents. So if the counter goes back up to 65 cents they will lose money

If you notice, everyday the trader is using about RM30million short selling lots to push down the price. Soon they have to buy back using same amount of money. Use today's opportunity to buy. Short selling is exhausted soon.

Short selllers don't dare to sell further. If short selling continue at 50 cents, they will lose large amount of money

If the short sellers continue to press from now 50 cents, they will lose a lot of money....short sellers should be scared right now.

Short sellers have caused panic from 60 cents. Of course we know they know insider news that we don't. RM17billion market capitalisation has been wiped out by the current panic selling. Right now if short sellers are still selling at 50 cents, they will be committing suicide soon. Don't be fooled by these short sellers. They are buying back today.

At this level short sellers will be scared soon. Time to enter before it is too late.

KUALA LUMPUR (Mar 05) -- Sapura Energy falls 2.4% to record low of MYR0.61, ahead of its 4Q earnings release, expected by end of this month. UOB Kay Hian Securities cuts target price to MYR0.55 from MYR0.68 on potential huge impairments in the upcoming result, keeps Sell call. "Loss forecasts are still in a downgrading cycle as the group critically needs to replenish an orderbook gap of MYR3-4 billion to at least match FY18's revenue of MYR6 billion," says house in investor note. "Despite SKD Alliance's contract commencement in Apr 18, we are concerned of more unexpected rig expiries (SKD T17, SKD Pelaut) in 2018-19," adds house.
- By Chong Sin Hao; Dave.Chong@nikkeinewsrise.com; +60320267363
- Edited By Lopamudra Bhattacharya
- Send Feedback to feedback@NikkeiNewsRise.com
- Copyright (c) 2018 Nikkei NewsRise Asia Pte Ltd.

Tomorrow time to enter. Buy as much as you can. Today's crash is not due to short selling. It is due to panic selling. Many panic selling seen by retail investors.

Whoever bought yesterday will start selling today. Watch HwangDBS short selling lots at 0.62.

HwangDBS bought RM8million at 60-60.5 today. Watch for more buying next few days.

Watch actions of HwangDBS at 60/60.5

I read a thorough free cash flow analysis for Sapnrg for next 2 years. Only RM200million remaining. That is serious!

The United States has an $800 Billion Dollar Yearly Trade Deficit because of our “very stupid” trade deals and policies. Our jobs and wealth are being given to other countries that have taken advantage of us for years. They laugh at what fools our leaders have been. No more!

However, if excessive dumping occurs, local and regional steel price drop will help to increase Sapnrg's profit margin and share price. This one we must take note.

Trump trade war on steel import Tariff could impact Sapnrg by increasing the price of steels. Right now steel price has increased 20% since the beginning of the year. This has eroded Sapnrg's margin. Steel shares have jumped up, but with Trump's steel import duty all steel shares will drop.

Look like only political power can bring this share back up to RM2. Political power is the key. Previously Tun Mahathir saved Kencana petroleum with cash injection and Petronas contracts. Right now this is what it needs most.

HwangDBS doing short selling so they earn in a down market. In a way many are pushed out in the process.

Big shark for today--HwangDBS. They want to take free money from retail investors. That is how they earn our money and make us poorer but they become richer.

Yes, HwangDBS is throwing again today. They are doing short selling now. Get the short sell shares and block st 67 cents then 65 cents. They wait till retail investors pick up their short sale shares then dump in. Today I warned some of you earlier so their plan is only partly successful. They can buy tomorrow and then park their short sale share at any level then push down. Today EPF and Vincent Tan do not sell yet, so HwangDBS becomes the king here.

This time HwangDBS is the shark. They put another short selling lots at 65 now to block. So pmaster is right to say tomorrow 60-63 cents.

Better listen to pmaster. He is the expert here.

At 4.30pm to 4.40 pm HwangDBS will sell and push down to 65 cents today.

Right now HwangDBS is putting all short selling lots at 67 as block. Once short selling lots finished selling, by 4pm they will sell down to 65 cents. Short selling strategy is like that, killing more ikan bilis retail investors.

Waiting 60-65 cents. HwangDBS is joining in the selling spree to push it down. The trading strategy is like short selling. Drop drop drop until end of March.

Dow Jones crashed 400 . Prepare for sale cheap cheap.

Oil prices are dropping right now...

With HwangDBS selling, we can wait at lower price. 60-65 cents next target. Watch other index linked counters tomorrow. Interesting...

Today HwangDBS sold a lot....

HwangDBS is one of them. Left hand sends to right hand.

Today many index linked counters were sold down at last minute by few fund managers together.

Today HwangDBS is selling hugh blocks of shares. Look like HwangDBS is going to be the next one pushing it down like EPF.

Pmaster, like I said, Mokhzani and EPF worked hand in hand, engineering this sell down in the first place. If Mokhzani did not sell his 10% to local funds such as EPF, EPF would not have so much share overhang to push down together with short sellers. This is all because of these 3 parties. Actually Vincent Tan is also involved in pushing down this counter. Without those shares overhang from Mokhzani, this counter should be at RM1. In a way this is "Insider's trading", trading of shares with prior knowledge of confidential information to gain advantage from it before release of bad financial report. Pity all the other investors.

65 cents next level...

Look like going to drop to 65 cents soon.

I buy now, to sell at 95 cents

Big funds are buying to push up. Target 95 cents.

Actually what pmaster said is correct. He is experienced trader. Don't underestimate him!

Oil price keeps going up. Will it bring along Sapnrg?

Oh Gosh! Bumi Armada on paper earning RM352million but all used up to pay debt. Zero net earning after paying debt. New debt is added on for another year of earnings to pay debt. All money earned to pay debt. Debt debt debt. Margin of profit is only 12.5%. Oh my god!

Next week will be panic buying, jumping up to 75 cents and 80 cents. Some politicians will come goreng before election for election money.

Look like big funds are entering now....

It must not fly now to stop contra players from entering because contra players make it hard to fly. So in order to fly, contra players must be stopped.

That is their purpose. They are accumulating but this can stop contra players from entering. So right now we can buy and keep first.

Retailers joining EPF attacking retailers?

Superbull11, your supermx is reaching MAX now....no point promoting....the only way for it to go up is USD. But after that foreign fund entering this counter, then we know the price after that is goreng price. Those funds can enter and exit within "seconds", "minutes" or "hours", so trade at your own risk. However supermx is a good company, just that it is again opposition director, so if suddenly kena TAX penalty then you know la...risk is there....just pray hard after you buy in 2.60.

It will float at 1850 until then suddenly collapses...then Sapnrg will be floating at 70 cents until suddenly collapses, same for all other counters....those fund managers are asking us retail investors to enter now for preelection rally, but we know there will be a collapse soon so they are trying to unload all their shares to us before the coming collapse. Morgan Stanley will not be so nice to invite us to enter now before the preelection rally. So buy at your own risk.

Actually many don't know, previously wherever mohkazani became major shareholder sure their company share prices would jump because Tun Mahathir was Petronas' advisor/chairman. Now this is no longer the case because Tun Mahathir was dismissed from a Petronas so Mokhzani lost his Golden Fingers. This is the main reason why Mokhzani sold all Sapnrg shares and exit immediately. Insiders know that Petronas will not award contracts in favour of Sapnrg anymore. The current CEO is also linked to opposition party so beware all shareholders here.

Petronas most likely will award MMHE/Technip for that MMHE is linked to Petronas. Sapnrg is opposition counter now so government linked companies will not award contracts to Sapnrg anymore.

Dua orang kena trapped di 78 cents RM4juta.....modal terikat tak boleh trade dah....

Last opportunity to sell and exit before it is too late...."mini crash" is coming very soon.