Posted by Desa20201956 > 2016-04-12 23:45 | Report Abuse

normalised net profit for SK Petrol is a dangerous word.

Posted by Hiu Chee Keong > 2016-04-13 07:58 | Report Abuse

i bought few days ago at 1.75, today oil rise above 42usd, i will have opportunity to sell it 1.95. If april 17 oil freeze fail, then i will buy back, if success, never mind, i am ok with 10%+ in a week :D

Posted by Mohd Fahmi Bin Jaes > 2016-04-13 08:00 | Report Abuse

accumulate prepare to sell

Posted by MillionInMaking > 2016-04-13 11:41 | Report Abuse

Good article

Posted by 007 > 2016-04-13 11:46 | Report Abuse

This L.C must be holding a lot, and very stupid to hold and even accumulate or he is too smart trying to ask people to buy while he is awaiting to sell.

Posted by Mohd Iqbal > 2016-04-13 11:46 | Report Abuse

survival of the fittest.. the best oil & gas stock..

Posted by 007 > 2016-04-13 14:11 | Report Abuse

oil price is a global commodity, many oil companies already went bankrupt if the low oil price drag to next year, oil companies in Malaysia will be next.

Posted by speakup > 2016-04-13 15:17 | Report Abuse

Careful. this is Tun Mahathir son counter.

Posted by Desa20201956 > 2016-04-13 15:22 | Report Abuse

Osv charges drop two thirds.....

Those who can diversify away this business will survive.

The only strong OG counters are KNM and Coastal.

Posted by speakup > 2016-04-13 15:42 | Report Abuse

najib attacking Tun M's sons. First Kedah MB. Next SKPetro!

Posted by 007 > 2016-04-13 17:29 | Report Abuse

deluem is a better bet, skpetro lost a lot of money

Posted by mamatede > 2016-04-14 00:42 | Report Abuse

I don think the current price is still fair, the only reason the interest in buying this counter is to push the price up with the hope for oil recovery. The recent oil crash has left many oil producer bulimic.. Example like Venezuela, even if the oil recovers to USD 60, i don think they will embark on large scale capex, given their trauma in the recent crash that left their economy in recession. Whats more in Malaysia, Petronas is taking a big reduction in capex that will trim down their work force as well as spending and bring back their profit ratio to a more respected figure if they are to continue staying relevant in this industry.

Also with the prospect of shale producer coming online once oil touching $55 above, I doubt the OPEC members will come out with any reduction soon... Disclaimer: I might be wrong.. hehe

Posted by Mohd Fahmi Bin Jaes > 2016-04-20 15:09 | Report Abuse

the difference between fa and reality price

Posted by speakup > 2016-04-20 15:11 | Report Abuse

as long as najib is PM and Tun M son is major shareholder of SKPETRO, i would not touch this SKPETRO.

Posted by speakup > 2016-04-20 15:11 | Report Abuse

political risk is too high considering that najib & Tun M not in good terms.

Posted by Atma Vell Pil > 2016-05-14 11:13 | Report Abuse

Wait n watch.....