Time to buy....trading time

Those insiders have already seen the financial report and start selling down now. In this country insider trading is rampant, but our SC always cannot enforce rules properly. In the end retail investors keep donating money to big sharks, including EPF. This is the real game in this stock market here. However, trading time is coming very soon. If you buy, keep for 1-2 years then. If cannot stomach the paper loss, then do not buy.

Strong sell...Whenever that director sold large chunks of shares, sure go down

If you guys read my thread before the sell down, all read again my thread after the sell down, then you understand the share price movement of skpetro.

No guarantee though if EPF decides to buy back at 1.58 or 1.50.

Told you guys EPF bought at 1.58, and sell for profit 1.66 above. So EPF has successfully bought 1.58, sold 1.66-1.74, whereas retail investors follow through buying 1.66-1.74 buying from EPF donating money to EPF happily. Now EPF has sold a large chunk of Skpetro shares and it is going back to 1.58 before EPF deciding to collect back.

Still long time to go man....0.8 cent is like RM8 given for every lot of RM755=1.05% per year man... Fixed deposit is 4% per annum man 4x higher at RM32. Crazy...Now dropping out Syariah, all these big Islamic fund will sell and cash out to donate their profits to Baitumal to help the poor Muslims in the country. Retail investors buying at 75-78 cents is like donating money to Baitumal indirectly. Good charity work though...think wisely. No hurry to buy but keep selling first before being sold down. Of course those fella will pull it up to 75-78 cents to lure retail investors to buy their Bumi Armada shares. Once you queue 75-78 cents those Syariah Funds sell to you and "Sayorana"!

Unlikely. Next week Fed meeting creates uncertainties, USD is rising fast with oil price dropping below USD50 now, Brexit in 2 weeks. Most likely Bumi Armada will drop back to 70 cents. Sharks saw our messages flashing sell signals, they want to lure more retail investors to buy more at 75-77 cents before pushing down to 70 cents. Sell sell sell on strength!!!

Big funds have run away yesterday. Quickly sell and run now

Sell and sell and say goodbye.

These guys above must have bought at 77-78 cents. Now knowing it is down today to 70 cents they got panic keep on asking people to buy and keep "long term"

KLCI index is being sold down, air asia is being sold down, skpetro is being sold down... All profit taking....party is over already. Sell sell sell and exit.

When people are buying I am selling. Time to sell and say goodbye.

Taking profit continuously.

Just buy and keep. Good stock. Syairah counters so these funds will come and sapu

AGM, they said need to raise cash for projects. Later issue Rights Shares all die

I will sell on news

3rd type is to tell retail investors not to be swallowed by big sharks.

Time to sell and take profit. Sell sell sell on rumours

Time to sell and take profit.

Buy 60 cents sell 67 cents plan is still going on.

However, Tony is accountant, so he is very smart playing around the financial reports. That one we have to salute him

Air asia earnings jump, insiders bought up before it jumps. Whereas Bumi Armada's earnings drop, that is why it drops, as simple as that.

Not just EPF dump, many foreign funds also dump...that is why it drops. Your knowledge is so shallow?

Well said all of you. Think EPF has no reason to dump Bumi Armada from now on...

Yes, all these selling down is due to our famous EPF. It should start buying back from 0.60. Just wait at 0.60 first, no point buying now. Buy 0.60, sell 0.67. Support 0.60, resistance 0.67. Good profit.

China company Sino Huaan is Syairah compliant too man...that is crazy...Bumi Armada is not Syariah compliant as compared to Sino Huaan loss making steel company??? Anybody can explain, please?

Crazy....Borneo Oil Berhad is Syairah Compliant, whereas Bumi Armada has dropped out of Syariah List...really crazy...Lion Industries and Lion Diversified Holdings--> such companies with poor fundamentals also can be Syariah Compliant.... Losing my voice, cannot say any word... Anybody can explain?

EPF supporting FBMKLCI 30 component shares is to do magic like 1MDB so that retail investors will keep buying before all crash down. Retail investors see FBMKLCI index still so high, so retail investors are tricked into buying all the shares supported by EPF before final sell down in 1-2 years.

EPF supporting FBMKLCI 30 component shares is to do magic like 1MDB so that retail investors will keep buying before all crash down.

You are absolutely right. EPF has no obligation to support this counter because EPF is selling Bumi Armada shares at Hugh losses and this is not FBMKLCI30 component shares. EPF is selling this counter to support other FBMKLCI 30 component shares. This is to prepare for foreign fund sell down once US Federal Reserve start to increase interest rates.

Cut and run...unless you plan to keep for 1-2 years. Buy at 60cents, sell at 70 cents trading profits.

Foreign investors keep selling. These are all big funds. After 31May Skpetro gets kicked out FBMKLCI 30 component stocks, EPF is not obliged to support anymore. By then skpetro will crash down hard.

Financial report is already out. Insiders see big losses last quarter, and start to sell now. Retail investors do not have access to insider information, waiting tone slaughtered. Run as fast as you can. Sell sell sell.

Big players keep on selling, quickly run.

Run faster...1.50 next stop. Air asia earning RM800!million-soaring! Skpetro losing money, crashing down hard.

60 cents coming...Chan Chee BEng said oil price USD70, still a long way to go.

Time to take profits

60 cents here we come!!!

Definitely report is bad. If report is good insiders have already pushed it up by buying

Big funds are busy disposing at 1.63-1.66. You can buy now, but have to keep for 1-2 years to profit. If cannot wait, better wait for 1.30-1.50. Worst is yet to come. We are beginning to see more and more cash flow problems involving all the major oil companies worldwide. Fundamental is deteriorating fast. Wait until June the 1st if cannot go to RM2.00, definitely get kicked out of FBMKLCI 30 component stocks.

60 cents next stop.

Collecting? Are you sure? Dow Jones crashing down, oil price dropping, USD rising, foreign investors cashing out, EPF supporting 1.57 but Hugh resistance at 1.63-1.66 100-200million shares. Petrobas almost bankrupt now asking money to borrow from debt market, Petronas just dropped Hugh free cash flow no more money for oil projects to pay skpetro. Disaster man! RM1.50 next stop. RM1.30 medium term. Long term back up RM2.00 (probably 1-2 years later).

EPF reduces holdings? EPF has just increased Bumi Armada holdings. Therefore your reasoning above only reinforces the idea that when EPF sells, you'd better run first.

Petrobas is near bankrupt, how to pay for projects? 30% business is from Petrobas. That is why

1.63-1.66 is not the entry at the moment. High resistance ahead. So wait for next opportunity.

If EPF decides to sell at 1.63-1.66, then it will drop lower and lower, so anyone can hold 100 years like EPF can ignore what EPF is doing. If cannot hold for 100 years, then it is important to know what EPF is doing.

1.57 supported by EPF. It means EPF is holding for long term. Now 1.61. Big resistance for 1.63-1.66 ahead. Again it depends on EPF to buy or sell at 1.63-1.66.

Tomorrow let's see EPF's actions. 1.57 support

Only 4% out of 15% skpetro shares held by EPF has buying price of 1.58, the rest much higher buying price. However, EPF has traded skpetro few rounds 1.35-1.90, already earning enough to cover back the loss.