Posted by SuperPanda > 2020-02-27 08:55 | Report Abuse

yes, bad news virus continue spread out and now korea cases increases a lot

might spread to japan later as close neighbour, oil will further drop

Posted by SuperPanda > 2020-02-27 08:58 | Report Abuse

result will be out today or tomorrow, but even it shows profit, nothing much to rally bcoz current condition

all depends entirely on market to response

Posted by micsoh > 2020-02-27 10:43 | Report Abuse

Result is the priority, market sooner or later will recover, don't be worry!

Posted by micsoh > 2020-02-27 11:27 | Report Abuse

I only worry result only, market is just temporary reaction, once virus control, it will start jam again, now China return work rate is climb every day, if u packnic market, u better retreat.

Posted by Valgrovest > 2020-02-27 14:59 | Report Abuse

Oop...rather worrisome. Bought some at 0.125 this morning. Now better que lower.

Posted by SuperPanda > 2020-02-27 15:34 | Report Abuse

watch out for impairments.. armada even post 58m profit but report -235m loss

Posted by SuperPanda > 2020-02-27 15:38 | Report Abuse

i have to reduce some holdings here

Posted by Quickgain > 2020-02-27 23:18 | Report Abuse

With current political drama keep changing, crude price big drop, tomorrow big foreign funds will be big scale selling again ! Petronas will be in big trouble again......

Posted by Valgrovest > 2020-02-28 07:15 | Report Abuse

Oil prices dropped badly last night. Get ready your bullet to collect cheap sales this morning. 11 sen possible?

Posted by king36 > 2020-02-28 07:22 | Report Abuse

ya back to 0.09 again..

Posted by JoshuaMS7 > 2020-02-28 08:11 | Report Abuse

Yaya 0.09 all in hehe..

Posted by bigfund > 2020-02-28 09:14 | Report Abuse

0.09 ka no la. Get ready for 0.06 lowest in history

Posted by Valgrovest > 2020-02-28 09:36 | Report Abuse

Don't think it will go down to 0.06 unless the latest qtr result is not good. 11 sen looks more likely.

Posted by azta12 > 2020-02-28 10:26 | Report Abuse

collect and hold

Posted by JoshuaMS7 > 2020-02-28 11:06 | Report Abuse

Market seems real crash this time.. Never rebound any now onwards... Sad

Posted by acinanatucer > 2020-02-28 11:09 | Report Abuse

https://klse.i3investor.com/blogs/ongmy/2020-02-28-story-h1484000993-Sapura_Energy_Bhd_stay_committed_to_health_safety_and_environmental_per.jsp
check this out !!

Posted by Valgrovest > 2020-02-28 11:22 | Report Abuse

Managed to collect some at 11 sen. Just hold.

Posted by JoshuaMS7 > 2020-02-28 11:46 | Report Abuse

Don't! Just thinking if tonight us market crash another - 1000 pts Alam might go lower more right?

Posted by Valgrovest > 2020-02-28 11:53 | Report Abuse

Then can accumulate more.....

Posted by Valgrovest > 2020-02-28 11:57 | Report Abuse

IMO the market will rebound in a matter of time when uncertainties are over unless it is going to escalate into a world recession, in which case everyone including the fund managers will also kena burnt. Actually, I am more keen on accumulating the warrants at lower prices but stubborn holders not willing to let go.

Posted by acinanatucer > 2020-02-28 12:31 | Report Abuse

Malaysia’s heaviest ICPP - check this out!!

https://klse.i3investor.com/blogs/ongmy/2020-02-28-story-h1484001984-Sapura_achieved_a_major_milestone_at_Lumut_yard.jsp

Posted by SuperPanda > 2020-02-28 12:36 | Report Abuse

i predict things will getting worse with oil continue falling and us market vertical dip, if alam post loss due to impairment, price will down more

have let go most of my shares and now waiting signal to buy back lower

Posted by bigfund > 2020-02-28 13:20 | Report Abuse

When qr come out

Posted by bigfund > 2020-02-28 13:20 | Report Abuse

Today or next week or today

Posted by micsoh > 2020-02-28 15:59 | Report Abuse

Result good or bad I think not much different now, almost bottom already

Posted by bigfund > 2020-02-28 16:05 | Report Abuse

Really. Ohh better buy now

Posted by nich0las > 2020-02-28 17:59 | Report Abuse

QR -ve leh, anyone go read inside pls explaint here. TQ.

Posted by SuperPanda > 2020-02-28 18:10 | Report Abuse

The Group’s revenue for the current quarter of RM93.24 million was lower than the preceding quarter's revenue figure of RM114.6 million with an adverse variance of 18.64%. This was mainly due to lower revenue contribution from OIC segment during the current financial quarter under review.

The loss before taxation for the current financial quarter was recorded at RM68.4 million as compared to profit before taxation of RM1.18 million registered for the preceding financial quarter. The substantial loss registered for the current quarter compared to preceeding quarter was due to impairment loss on vessels and loss contribution from JV companies.

Posted by Tigerchan > 2020-02-28 18:43 | Report Abuse

Will touch 0.095 next week.

Posted by bigfund > 2020-02-28 19:00 | Report Abuse

0.095 no la. Get ready for 0.06 lowest in history

Posted by Tunjung > 2020-02-28 20:28 | Report Abuse

Tp 3 cent

Posted by Valgrovest > 2020-02-28 20:49 | Report Abuse

Weak qtr results and the impairment losses as expected and similar with other O&S companies. No wonder the prices dropping last few days. Maybe next Monday can buy cheaper. However, revenues (though lower than last quarter) were quite respectable and this could indicate that the company's activities have more or less normalised with more contracts secured recently (at least the company is on the recovery road).

Posted by micsoh > 2020-02-28 21:14 | Report Abuse

It actually is improving 50% more than last year by compare, I don't know why people dump like this? Next quarter onward it will become slightly profit and start get better maybe year end.

Posted by JoshuaMS7 > 2020-02-28 22:49 | Report Abuse

Guys dji tonight crash another 1000 and oil price crash another 5% then really jialat! With this bad qtr report Monday should open very very low! Straight away to.0.090 even lower!!

Posted by T800Terminator > 2020-02-29 00:03 | Report Abuse

Hmmmmmm revenue drop. No big project tendered. Long term no good. 0.05 is a good buy.

Posted by SuperPanda > 2020-02-29 00:40 | Report Abuse

no hurry to buy back as dow may take few weeks in bearish mode

in situation like this better to put your capital in good quality stock that tend to rebound faster

Posted by mf > 2020-02-29 00:57 |

Post removed.Why?

Posted by JoshuaMS7 > 2020-02-29 05:29 | Report Abuse

Oil price crashed another 4% again to 45! With such low oil price, all related companies must be very suffering soon! Oil demand must drop fast!

Posted by micsoh > 2020-02-29 07:26 | Report Abuse

Revenue drop? Oil drop to 45? The world use Brent oil as benchmark lah, not the American one, American one is use by his back door brother Canada.

Posted by bigman888 > 2020-02-29 09:02 | Report Abuse

When drop... Idiot refer to WTI... When up... Idiot will refer to Brent... What a idiot

Posted by freddiehero > 2020-02-29 09:08 | Report Abuse

aiya.. sikit lagi break 0.10

Posted by Randy258013 > 2020-02-29 15:27 | Report Abuse

Can someone explain to me why the costs of sales so high Due to impairments loss

Posted by Quickgain > 2020-03-02 09:41 | Report Abuse

I have advice n advice this year is not for oil n gas. This industry golden time is over. Health care n food will dominate for next few years.

Posted by Mabel > 2020-03-02 10:47 | Report Abuse

O&G can still can make money this year...I attended a talk by IB a month ago, Most of them are positive on O&G . 50% has rated overweight.

Yes Health Care is Good. Here 's my small Contribution to fight COVID-19. I have collected the Top 3 Gloves Companies in the World i.e. Hartalega, Top Gloves and Kossan. We are donating 18 million gloves to China to help them fight the Coronavirus...cats included.

In addition some of my collection under VMY and Plantation Boutique like Sunway, Sime Darby and TDM have medical centers and all of them are doing great.

Likewise, I'm NOT in hurry to collect Alam..will wait to see if it can drop further given this surprised results. I didn't expect this coming as I have upgraded Alam into Category 3 early this year - Buy and Forget. I always thoughts Alam is the best bet among my Tier 3 Battleships.

Fortunately, my other Tier 3 battleship like ICON, TH Heavy are reporting Profits. That's is also an option you may want to consider.

Here's the best part my Tier 4 Battleship, Barakah has finally registered profits this quarters - Q4 2019 has a Growth of 287.71% QoQ and 151.39% YoY. Regulation Plan is work in progress expected to be completed in May. Right now it's the cheapest O&G in Malaysia. That could be another option.

anyway, I collected Inari today at a very discounted price. Happy with this accumulation.

Now I'm watching MyEg and Air Asia with great interest for further collection.

Till then..

Meow.

Posted by Concern > 2020-03-02 11:04 | Report Abuse

Mabel Mabel.

I'm new investor. Buy and forget meaning?

Posted by Mabel > 2020-03-02 11:10 | Report Abuse

Concern

What I do is to categorize my portfolio into 3 categories to priorities my engagements:

1. Buy and Engage - short to mid term
2. Buy and Hold - mid to long term
3. Buy and Forget - long term

Alam now has been upgraded from Category 3 to 2

Meow...

Posted by Concern > 2020-03-02 11:31 | Report Abuse

Thanks, Mabel.

Posted by Mabel > 2020-03-02 12:05 | Report Abuse

Meow..

Posted by SuperPanda > 2020-03-02 13:02 | Report Abuse

look out for quality stock at bargain price, this is an opportunity to cover back loss

Posted by zaiadan > 2020-03-02 13:02 | Report Abuse

continue buy and keep..