New PM, new cabinet, new gomen. NFCP still on the plate?

I think i will consider to buy at rm5. Imagine if it rise to 7.50, that is 50% gain n u would hv gain 50% while he just breakeven. If it goes to 10 as predicted, that is 100% leh. Dun play play. Of course i'm not as deep pocket as him but sell hse, sell car can raise 2m kua. Can start sailang a'dy at 5.

Choivo also jabbing philips...dun like that leh.
He still hv rm8m margin can sailang. That is alot. But cpo price continue to tank. I wonder how much will it affect the pchem. Worse still, brent is usd50. Covid, cpo down, brent@50, pchem upcoming QR will be interesting......any guess? Of course no prize for correct guesses.

Hmmm.....PP price in china going all yr low with no sign of rebound. Another 10% down next monday? I believe it will rebound as national team will come in to support....wait.!!...still got national team o not ah??? Currently no gomen wor.....

Come come Rm5. I support u abit at 4.99.....just kiddin

no idea what is isonanol use for. Simple google and again it leads to plasticity....i guess plastic again. If Pchem can manufacture large amount of alchohol, then it is very much needed now. Saw video clips of china spraying the street with disinfectant. I guess it must have contained some alchohol..... sorry, i'm just a noob but i never go againt the market. So i better dun invest in thing i don't know la.......

& now i learn something today from icon above comment

cimb tp 5?....hmm...remove my 5.50 Q le.....park below 5.....

all i can see if world demand from petrochemical is getting lesser as there is either direct ban or reduce in usage or there is alternative to petrochemical. Pchem new venture into lubricant also will face challenge because if the world incline towards more electric vehicle, less demand for lubricant compare to combustion engine. Also, the world is over supply. Despite china is shutting down now and might create a short term decrease in supply but if once covid over, i believe china will ramp up production and within 1 or 2 quarters, the supply will flood the market.

of course Pchem wun bankrup....but is current price expensive. I think yes. Is Rm7 expensive, hell yes. Indeed fertiliser demand was up during the last Q as reported but could it due to the sudden rise of CPO so that Plantation suddenly have more money to buy more? Now this CPO price has came down. Also many said that the next cash crops is durian and there is massive planting of durian so it leads to more demand in fertiliser. But with the covid, durian literally get frozen. Will this also cut the fertiliser demand? On the other product such as plastic, many countries banning single-use plastic & more countries going toward zero fossil fuel vehicle and this will lead to low crude oil......hmm.....seems like not 1 headwind but multiple headwind. Even if it brace through the covid, many challenges ahead.

today drop also not even 10%.....okla not so bad wat......let see if tomorrow can drop another 10% o not

eloo...mr philips says he did all the calculation ok. He know how much raw material cost, how much needed. He has all the numbers. U all dun doubt him. Wait for Pchem rebound to RM9.

wahh...so fast support a'dy ah?.....i still park at 5.50 le......currently petrochem future doesn't look good la...fertiliser down, country ging toward single use plastic. More supply than demand......crude price no good.

5.70....mama mia..........come 5.50...i give u abit support

icon, what is lesson to learn?


Icon8888 I hope you learn something today

wah lau.....break 6 ohh....now 5.90......can buy cheaper already. Next Q result lagi sui.......i park 5.50 ....see can get o not....

wow.....will it break rm6 today???....lets wait and see. Dunno how much capital will vaporise today.

assuming this Q krono paying normal tax rate @24%, i think the current price also seem overvalue despite the growth.

very well said emperorfund and very true.....by the way, do tell me which doc or hospital you go when u sic. Wanted to make sure i put it in my die die also no go list....

i have no more glove counter but check with my supplier. She said gloves is still shortage due to demand. I ask will it go back to normal after 6 months? She doubt so because many companies and countries are buying some to keep as they have learn the lesson of gloves shortage. Imagine the effect of each companies and countries buying xtra to stk up. In fact she heard medical practioner in Singapore are wearing 2 layers as why should they want to risk their lives just to save couple of cents. They are not the 1 paying for the gloves. It is chargeble under consumables. How true is the above scenario, i not sure la but sound logical also. I wait for good time to enter supermax and TG again. Can it supermax reach Rm1.30+ again ah?.....lol....

Jiak lat loh.....ah pang gor ki chia liao........my TG also drop like hell. Luckily sold 5.50. from 12% profit become 3% profit.......bo chau si ah......

ah pang gor......buying more ah???

Bravo to Myeg with such an advance innovation in the time of crisis. But i dun understand how it work leh...it will know th visitors previous whereabouts as well as heart rate and blood pressure readings??? Meaning all visitor coming in to malaysia will be giving a gadget to wear and track their location and heart rate & blood pressure data? Wu ya bo??? who supplies the gadget and who pay for it? If myeg is the supplier...then fatt tat loh. Also, if i were given 1....will i wan to wear it? it like a criminal or a molester on parole.....hmmm.....need to tink tink.....


MYEG’s latest innovation is a fully-automated system that encompasses analytics of a vast number of available data points, including visitors’ previous known whereabouts as well as heart rate and blood pressure readings crossed-referenced against public transportation ridership and exposure to locations with incidences of infections.

with current trend.....2 to 3 days......got possibility of macd forming death cross oh....

lelong lelong....glove counter all lelong.....TG also drop 15% from yr high......

steady wor.....idss no power today???

like got a chance to visit 1.18 ohh....v shall wait eagerly.....

still too early to tell will it go back to 1.30.....the day still young......see after 10.30am....

the problem is even train not going to wuhan or busan....but the wuhan and busan come to the train.....bkful oh.......

will today heading north or south. Looking at yesterday closing, it is half of the recent gap up on 11th feb. Even yesterday selling volume also half leh. I think today i stay sideline 1st. See ada chance test 1.18 or not.

now 1.24 ...where go panic selling.....if now is 1.04.....that is panic selling la....

must close above 1.24....i think if close below, chart bo sui. Tomolo will retrace further.....so those holding, better die die support and mk sure close above 1.24

ya....but 1.18 & below is cheaper

wah....ini macam 1.18 ada chance oh.......
soli ha....not want to curse those still on board ah....but 1.18 number is sui sui also....

why sell ah?...many times i also asked the same question and by the time i finish asking, my stk drop another 10%. So, take profit 1st and ask later.
Today i think next support is 1.26/1.25....if break ah.....i think c u at 1.18 kua. But if can up & maintain 1.30, ada chance fighting kua....

hmmm...broken 1.30.......take some profit 1st

ah pang gor......continue to hold, buy or sell? Just doing some market survey.

huh???....the edge say the project is jakarta is a pilot project and done free of charge? Meaning this Q will see higher operating expenses or capex?

tak boleh stay above 1.40 oh.......R1 is 1.40 -1.45.....after that onli can see uptrend ka?

i think the next huge resistance is 5.50.....nd to break that for further uptrend le

Wah lau....Harta keep on going up. Valuation really crazy. Regret swapping harta with bursa. Sometime valuation cheap not necessarily good. Like supermax and TG. Cheaper than Harta but no power punya.

macam impotent.....

but i thought i read somewhere they are using hotel now to host the patient because since the outbreak, visitor drop. Hotel all empty. So it makes sense to use hospital since already equip with bedding. They even make the lobby as a station for doc & nurse and also as security check for ppl to go in & out.

good news for supermax and topglove?? Meaning raw material price for supermx and harta reduce further.....

"Natural rubber prices, which have declined as much as 17%, are expected to be impacted by slow tyre demand as a result of travel restrictions in China, poor auto sales extending from last year and the resulting economic slowdown from the virus."

NAP 2020 to be launch next friday . Will APM get any kang tau?https://www.theedgemarkets.com/article/national-automotive-policy-2020-be-launched-next-friday

sui ah......must break 1.35 and close at 1.35 and above for further uptrend.

now the virus incubation period has increased to 24 days???....like that si beh jiak lat. Meaning it gives more time for the carrier to spread around the virus before the virus take the carrier down. This is freaking scary meh.....

Jiak lat....i oni hv TG.....macam not enuf to protect against this virus. Nd to find money to buy some supermax tomolo.

wun be too late la......result shows oct nov & dec. It wil not shows Jan feb sales but the company prospect should be indication la. My lorry already full....

@pang...that the the problem...expected......but ppl want to see real figure......so must see high profit

Harta results out tomorrow. if gd result should be able to lift up the other gloves counter

Harta almost up 3% while supermax is 2.4% and TG only 2%...........hmm...mayb my thought of Harta too expensive is wrg....lol......there is alway other ppl see value harta. TG is always seemed like a laggard.