They are collecting now between 4.18 and 4.19!

These manipulators know that many are holding for bonus and divvy; so they make life difficult. As noted before, KLSE is not liquid enough, also loosely regulated. These low lives can therefore make a living by scavenging off the innocent investors. The share brokers and remisiers are likely in league with them, supplying them with our holdings and investing profile! So they know who to hit and how much they can get!

The price manipulators trying to tamp down price again. Target: retailers. They are trying to collect from retailers!

ks55, that is basically cost accounting. If a business covers its direct/variable cost and have a contribution margin to overheads, it can survive.

KSL is not overpriced. They target the middle class. They have very cheapland bought many years ago. The property companies with costly land-banks i.e. bought during the property boom will likely be hit. Always buy efficient companies!

SS661M. That's right brother!

SS661M, good question. Divvy is promised, but no ex-date yet as far as I have checked! Maybe that's what caused the mini sell-down just now!

If there is a recession next year, the most enterprising people will thrive. Efficient businesses will invest. E.g. Good property companies will buy more land to take advantage of the lower land prices and buy up the smaller companies. So will the good oil palm plantations. Even good workers and professionals will be in greater demand, the not so good ones will be laid off. But there will still be demand for the more menial jobs at the bottom.

goldenshares, TQ. Just trying to contribute.

If the currency traders attack ringgit, worse come to worst, Malaysia will just introduce currency controls like in 1998. This will be positive for KLSE. Trade - export and import - will not be affected. Neither will the longer term investors be affected. However, the hit and run foreign share speculators will be affected.

Apart from divvy from Petronas, Malaysia gets royalties from production sharing contracts. Oil palm won't be finished. Banking may be affected because of lending to O&G. The O&G sector may be diminished, but NOT wiped out. Generally speaking, all inefficient players in the economy will be adversely affected, BUT the efficient players will thrive!

I don't think Malaysia is going to Holland. The economy is diversified. Got good hard-working and enterprising population!

Price is at the last support for today - 2.27/28. If it breaks through, price will have to find new bottom.

Just broke below main support of 2.38. If it close below 2.38, tomorrow likely head towards 2.30. This is for anyone not familiar with charts.

That's likely because KSL's boss bought at 4.15 and prospect of bonus & divvy!

The rise in KLCI is likely a rebound, not a dead cat bounce!

The market does not seem to believe SKP's profit figures and keep on discounting...!

Yeah, wonder why OLH want to sodomise the minnows. He should have enough money now.

The world O&G market is still trying to factor in shale oil. It is generally superior to say, Saudi oil. The cost of shale oil is going down still. The US is producing like there is no tomorrow! The US oil and gas market is lost to shale. The fight is for the international market - Europe, China, India etc!

Tamping down price again!

Good healthy Dow correction.

Alpha Trader, sorry age not important! I have a full head of black hair (not dyed) 32 teeth and gums in good condition and no pot belly! And no, I don't have wrinkles or drooping cheeks or turkey neck! For me health, not age, is important. Hahaha!

IF only those with balls buy, what about the ladies?! I suspect they are the ones making the most money trading SKP!

Now they leave a gap so that one of them will salami-slice down to 4.25 and make KSL close in negative territory.

The market seems to have discounted SKP's oil and gas assets. Its in the process of discounting its services assets. Only its contracts with Petronas is relatively safe. Think of what SKP's price should be if it is stripped down only to it's Petronas service contracts. In the meantime, trade on its beta! Look at the charts. Buy at support, sell at resistance ..fast!

Green territory now for KSL!

Yeah, looking better...

SS661M. Thanks. The love of Christ is truly beautiful.

The tactics is aimed at squeezing as much shares as possible from the retailers. Tamp down with heavy sell queue, then up the price.

SS661M, perhaps I should share a bit how it was when I gave my life to Jesus Christ as my Lord and Saviour. At age 20, in a world of constant war, cruelty, total immorality, and questioning my own stance in all these I found Jesus Christ as my Lord and Saviour! Seeing the world and myself in a God's light, everything became fresh and new! The chains suddenly dropped off and I suddenly saw the Truth. I grabbed my guitar and sang into the night in my bedroom:

He gave a new way,
On this new day,
In this new world,
So free!

He gave a new start,
And a new heart,
And a new mind,
To me, To me!

Horizons now expand,
I can understand,
That it is plain as can be,
And if His way is true,
Just one thing to do,
Put on this new mind,
Leave the old behind,
Try a new mind,
And see!

SS661M. God Almighty is my Father in Heaven. He ask me to call Him Father! How can I not be respectful? Sodom and Gomorrah is a lesson for those who refused to repent for their sins and accept the forgiveness offered in Jesus Christ as Lord and Saviour. But for those in Christ, He loves with an everlasting love. He lives in them and adopt them as His own Children!

YES! Real unconditional love for me! Love that never fails! Love that lasts for all eternity! The love of Almighty God in Jesus Christ for me!

Not sure about the bloodbath tomorrow. The present sell-down is not related to crude oil price. Bad for O&G counters though. Just my 2 sense worth.

It's just the overall market sentiments; even some price manipulators were burnt!

But SKP can still benefit in the short term from any crude rebound and govt/Petronas support.

As part of the positive 'chi', let me dedicate this to all the men and wonderful ladies of this forum. May KSL dance higher with us all:

https://www.youtube.com/watch?v=QgVPnWmUqd4

There is another scenario: The fall in crude price is a conspiracy between US and Saudi to pressure Russia over Ukraine and Iran over uranium enrichment. We do not know for sure the truth. Either way if US shale oil production is as efficient as reported, we are facing a shale oil boom and SKP technology and present strategy will not enable it to participate! So keep looking at crude prices' trends and SKP's fundamentals.

cch, but little drops of water makes the mighty ocean lah!

I don't believe the Saudi can beat the new technologies. Neither can they withstand the pain for long. So I would watch out for some sort of temporary (6 months?) compromise in the near future that will enable Saudi to trade decrease market share in exchange for a cut in production in order to raise crude prices. Any increase in crude prices is a direct increase in US shale profit margins!

The implications are obvious: 1) SKP just bought Vietnamese oil-fields at USD23/barrel based on proved reserves and likely with USD loans; 2) If crude price remains at even USD50/barrel, US shale producers will likely make super profits of 40% or USD20/barrel. US shale oil producers' cost are still decreasing with even more efficient technology! The US is in for a O&G profit boom and should experience a quantum jump in manufacturing efficiency that may eclipse China's low cost manufacturing! Migrate to US anyone?

Captain stkoay. I am not a sifu in love lessons. So let Cliff Richards give you some lessons: https://www.google.com.my/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=lessons%20in%20love%20-%20cliff%20richards

newdesk, I love you! Thank you very much. I nearly dump some KSL shares after after reading the previous announcement. They should do something with their company secretary. This is the second time misleading announcements which likely impact investors' decisions were posted!

CCH, maybe not a fair question to you lah.

Yeah stkoay. CCH, would you help?

fortunebullz. OK I take your words in good faith. Thanks and may God bless you!

There can't be that many Funds involved in KSL yet. Without the bonus, it is simply not liquid enough to attract the Funds. So likely the selling is winding down.

stkoay. Ditto!

fortunebullz, if you are not BS-ing, then you are indeed quite savvy as a share trader and with some courage too. This I and I am sure many in this forum can learn form you!

Enjoy the laughs everybody while waiting for calvin to appear again!

fortunebullz also add some of his own words under his nick upsidedown19! You can tell the difference. fortunebullz words are in broken English with bad grammar!