If it close above resistance level of RM3.45, likely tomorrow big feeding frenzy!
@stkoay. I don't want to be blamed if loss; so follow at your own risk. I have already accumulated, latest today.

@jolie2. Would you perform acrobatic, flying sword here and there jolie2 kungfu style for us to see what it's like? Meanwhile, get ready to accumulate!

KPS get ready to accumulate!

Big fish coming in for the feeding frenzy...!

3.8 million shares collected at RM3.44/5. Mainly at RM3.45. Something big brewing. 30 million plus volume big push coming?!

@stkoay. Yeah, these are the early birds. I am hoping for some weaknesses to accumulate more!

@fortune-teller. SKPetro not a crude oil producer, mainly an oil-field service provider. It is a potential gas producer. So Iraq crisis which affect crude oil prices will not impact SKPetro. World-wide gas and LNG prices are heading south and oil-field services margins are small.

Puncak's collection zone is at RM3.45 now. Collect before it heads north again. Remember, at this level, Puncak is for the men, not the beginners/boys!

If want to enter now, I suggest buy the son as it is at a discount and likely to catch up.

@jolie2. Not logical. If fed pays Splash, it's not up to kali to agree since it's not Selangor's money being paid out. It's up to Gamuda to agree.

Son will catch up. Investors expecting special divvy. Son will also benefit in price gaping up if special divvy is declared!

Let them sell.

@stkoay. Neither the tiger or me need tongkat ali. Natural strength is always better than artificial!

@stkoay. I am also just mature, not old. We were all beginners once so nothing to be shy about.

@Beginner1989. Bravely spoken i.e. "i never sell at loss". Spoken like a real beginner! Haha!

@Beginner1989. But you are a beginner. My advice: do NOT go in now. You may not be able to withstand the roller-coaster ride and sell at a loss if there is a drastic down-turn again in price!

Still OK to go in. TP is much higher - > RM4. In my view, can be up to RM8! But risk is always yours of course!

HaHaHa! Up the tiger. Let the tiger power up Puncak!

@crownford_bl. Yes, homework need to be done. BUT share investing is also a psychological exercise. The newbies may not have developed the resilience. This takes time and experience!

Yeah one should only give advice in good faith. NOT mocking and to create panic to cause the newbies to suffer losses. People investing well and profiting is good news for all. Good for economy and good for society. But these sickos derive sick pleasure at the losses of others. Wonder who brought them up?!

@crownford_bl. They were NOT giving advice! They were mocking and having some sick fun when the price is down and investors are experiencing anxiety!! But they are part of the fun as their clownish, idiotic antics are well exposed for all to see!

2nd wave buying building up...?

Here comes the feeding frenzy. The tiger's going for the KILL! Come on, make a killing with the tiger!! ROOOAAAAAR!!

ROOOOOAAR!! Ride the tiger with me anyone? According to my chart, the tiger has broken through resistance at RM3.35 and is not encountering much resistance now!

@stkoay. The tiger's roaring because it has eaten Ayamberlari. I am not sure the tiger will slow down now. The EGM date may have been finalised and the deal with Splash nay also have been generously concluded!

@stkoay. Yeah this is another uncertainty. However, I think unlikely. I will hope for at least 50% to paid out or RM1.9/share!

I would buy hold and hold at least 70%; trade on the 30% when price is on a high. This is because this stock (and Puncak too) tends to go on a frenzy. So when deal is done, you would have to pay a premium to get on board again!

Price creeping up steadily now...; the deal done and these are the early birds?

No uncertainty in Splash - at least more than 0.1 X BV otherwise they won't waste time negotiating. Puncak's uncertainty: 1) EGM not yet called - indicate wrangling still on-going; 2) Kali's future uncertain; if he resigns, picture will be muddied; whereas Splash negotiations are with the Fed and Gamuda (40% majority shareholder) is Fed-friendly. My hunch is that final deal is at least 0.8 X BV, but should be more. This works out to RM600 million for splash or RM1.2/share. Correct me if I am wrong anyone?

hng33 I think is correct in that the big shareholders will be agitating for a reasonable special dividend!

I think they have come to some sort of settlement. So it's a no brainer if do not accumulate!

Once the final settlement at > 0.1 X BV, there will be no time for profit-taking! Likewise when Puncak EGM is called. So take note of these two events!

KPS also surging! I get double the gains in KPS for the price of 1 Puncak share, although I also hold Puncak!

They are holding or became buyers!

Feeding frenzy starting?!

The market knew all these long time ago, yet no reaction. Price should have shot up to >RM2 long ago!

BTW. I am holding onto my Puncak!

Puncak's uncertainties: 1) Accepted only in principle - same as before, EGM date not yet set; 2) Kali's words not credible now, the more he talks, the more questions/uncertainties; 3) Dragged out timeline for closure - more chance for Ayamberlari, the talking Colons and the BTs to come up with false negative news and unpleasant surprises. But seriously, I think that the investors are cautiously awaiting the EGM, having been burnt in the past. To me, KPS is more certain, since negotiations are very likely to lead to an offer that is more than 0.1 X BV!

Here comes the rebound. I have queued lower.

Next support level is 1.65. Get ready to average down. No not scary, but good news for all developing countries because of cheaper O&G. Also for those countries who have hedged against the USD. SEA, the BRICS & Africa are potential US sized economies that can be realised in about 10 years. China is actively developing these and at the same time will not allow a catastrophic collapse of the US economy as it showed in 2008.

@crawler. No because too much oil and gas. The fracking revolution has unleashed shale O&G reserves many times the current world reserves in sand-stone reservoirs (which by itself is increasing every year with the discovery in deep and ultra deep-sea basins). The US itself is now the world's leading producer of O&G and net crude oil exporter. With Russia's USD400B gas deal with China, the the O&G in the whole of Siberia and Russian Far East up to the Artic Ocean (a continental sized area) is now open for exploitation and export. The world is facing a huge glut of O&G within 3 years! I expect crude oil to collapse to about USD60 per barrel or thereabouts.

China is appalled that the US is fighting itself to economic death in war after war and one quagmire after another. The message that China is sending, even with its activities in SCS and ECS is 'DON'T'. We all need US to succeed economically or suffer a period (say 5 years?) of economic turmoil. But somehow, it's too gung ho with its very expensive and increasingly even more expensive military. The US may have to do this to satisfy the financial interest of its military-industrial complex that Eisenhower warned about in his farewell speech in 1962! Just my 3 sens worth.

Yeah, Al-Qaeda linked militants taken over oil-rich Nineveh province in the North. Militants likely armed by Syria's Pres Hafiz Assad although he has no official Al-Qaeda link. It's dog-eat-dog out there with shifting loyalties according to self-interest, not ideology. The US installed Iraqi govt too weak. US will have to fight or withdraw like in Vietnam. Drones not enough. But I don't think it will affect Malaysia. World economy (and Malaysia's) depends now on China economy and it is steadily re-balancing and growing at fast cruising speed of 7.5% per year.

Yeah, L&G management was a bit dodgy a year ago and investors got burnt. But the stock steadily upping and L&G-LA is at a half sen discount to mother share.

@stkoay. Pjdev, L&G & L&G-La. I expected them to drop during World-cup, but they rose earlier than I thought. Still time to get in on for L&G. Use hit and run tactics. Risk always yours though.

Andgelina2 jangan takut lah,
Kamu memang ada stkoay dan saya,
Hanya-lah kau ikut kita merapat,
Banyak untung kamu boleh dapat!
Lupahkan lah apa yang sudah rugi,
Hanya ikut kita lalu untung lagi!

If I make enough and I am satisfied. Meanwhile, the son is creeping up. Mother to follow soon?

Meantime, I am making some pocket money for daily expenses in the property stocks!

Crawler's words are always very comforting. But 'look before you leap' - my girlfriend's advice given to me when I was seventeen and have my judgement distorted by raging hormones!

Haikeyila, would you like to ride the tiger with me at Puncak to RM4 and beyond?!