Posted by i3 newbie > 2020-04-29 20:27 | Report Abuse

tomorrow wassup ... pun intended hehe ...

Posted by Lucky81 > 2020-04-29 20:40 | Report Abuse

tomorrow up?

Posted by probability > 2020-04-29 20:41 | Report Abuse

Sabah gives Petronas O&G terminal, ammonia plant permission to restart

https://www.thestar.com.my/news/nation/2020/04/29/sabah-gives-petronas-og-terminal-ammonia-plant-permission-to-restart

He said they had also given the greenlight for Petronas to begin their offshore operations in the state.

Posted by paktua73 > 2020-04-29 20:55 | Report Abuse

wah..@probability fa journalist sifu is here..
paktua always respect @probability view..
all info is great..


tut tut
salute good sifu

Posted by Baby Shark > 2020-04-29 20:57 | Report Abuse

Hahahaha.. tomorrow kena beli mahal.. 1.30 ?

Posted by Lucky81 > 2020-04-29 21:21 | Report Abuse

jual mahal?

Posted by freetospeak > 2020-04-29 21:35 | Report Abuse

congratulation ...Seevol Cushing report -- 4.150 m vs 5.35 m previous. storage drop a lot.

Posted by paktua73 > 2020-04-29 21:37 | Report Abuse

tomorrow is last day for trading on this week..
base on today close..
its good time to break 1.21..
(1.17+80/20/100 = 1.21..)
let see on tomorrow..
if break 1.21..
we will see back 1.27..


tut tut
base support is 1.13
(1.17-80/20/100 = 1.13)

Posted by freetospeak > 2020-04-29 22:32 | Report Abuse

Eia crude oil inventory 8.99 vs 10.619 forcast, 15.02 previous...bullish...

Posted by Lucky81 > 2020-04-29 22:41 | Report Abuse

bullish? damn...

Posted by Victor Yong > 2020-04-29 22:53 | Report Abuse

Tomorrow, dayang and its subsidiary, perdana will rebound stronger. Transfer of wealth from the fearful to the brave ones :)


Oil jumps more than 30% on hope economy will reopen sooner than expected
PUBLISHED WED, APR 29 202012:14 AM EDTUPDATED MOMENTS AGO
Eustance Huang

Oil prices jumped more than 30% on Wednesday following a report that showed a smaller-than-expected build in U.S. inventories, as well as on the hope that economies will reopen sooner than expected.

West Texas Intermediate for June delivery surged 32.6%, or $4.03, to trade at $16.39 per barrel, while international benchmark Brent crude traded 15.6% higher at $23.65.

Optimism that economies will be able to re-open ahead of schedule rose after Gilead said early results of its coronavirus drug trial showed that at least 50% of patients treated with a five-day dosage of antiviral drug remdesivir improved and more than half were discharged from the hospital within two weeks.

Stocks rose following the news, despite a 4.8% contraction for U.S. GDP in the first quarter — the largest contraction since the financial crisis.

Oil prices also got a boost on a smaller-than-expected build in U.S. inventories. According to data from the U.S. Energy Information Administration, crude stockpiles rose by 9 million barrels for the week ending April 24. This was lower than the 11.7 million barrel build analysts polled by FactSet had been expecting.

"Oil prices rose on Wednesday morning as traders cling to potentially positive indications that the demand-supply gap may somewhat become smaller soon," Rystad Energy's global head of oil markets Bjornar Tonhaugen told CNBC.

"Overall we need official announcements for cuts or economies reopening for prices to stabilize. Expect a lot of volatility and price swings either way in coming days as bullish and bearish traders weigh their hopes and fears in a market that is desperate to find something to hang on," he added.

Oil prices swayed wildly on Tuesday between gains and losses as investors continue to keep an eye on depleting crude storage space amid a dearth in demand. The coronavirus pandemic, which has forced countries around the world to shut their economies temporarily as people are told to stay home, has reduced global demand for crude by as much as a third, according to some estimates.

WTI for June delivery fell 44 cents, or 3.4%, to settle at $12.34 per barrel on Tuesday. International benchmark Brent crude, on the other hand, gained 47 cents, or 2.35%, to settle at $20.46.

In a note dated April 28, Moody's Investors Service said it was reducing its near-term oil price assumptions for WTI as well as Brent.

"Exceptionally weak short-term prices will persist until production drops enough to ease the strain on storage facilities already operating at or close to full capacity," said Elena Nadtotchi, vice president and senior credit officer at Moody's. "Significant supply adjustments in due course should help to balance the market later in 2020, but the pace of the market's rebalancing and rising oil prices will depend on demand recovery."

Moody's price prediction for WTI is currently $30 per barrel this year, and $40 next year. For Brent, it sees prices averaging $35 per barrel in 2020 and $45 in 2021.

Data from the American Petroleum Institute released Tuesday night showed that U.S. crude inventories jumped by 10 million barrels in the week to April 24, bringing the total to 510 million barrels. That was lower than analysts' expectations of a build of 10.6 million barrels, according to estimates from Reuters.

— CNBC's Sam Meredith contributed to this report.

Posted by investortrader88 > 2020-04-29 22:59 | Report Abuse

WTI CRUDE

16.33 
+32.33%



BRENT CRUDE

23.41 
+14.42%

Posted by Victor Yong > 2020-04-29 23:40 | Report Abuse

So, tomorrow, dayang and perdana will rebound between 14.42% and 32.33% :)


@nvestortrader88 WTI CRUDE

16.33
+32.33%



BRENT CRUDE

23.41
+14.42%
29/04/2020 10:59 PM

Posted by Victor Yong > 2020-04-30 00:23 | Report Abuse

Uptrend again :)

Date Close
29/04/2020 1.17
28/04/2020 1.11
27/04/2020 1.15
24/04/2020 1.17
23/04/2020 1.17
22/04/2020 1.15
21/04/2020 1.16
20/04/2020 1.25
17/04/2020 1.28
16/04/2020 1.29
15/04/2020 1.27
14/04/2020 1.26
13/04/2020 1.22
10/04/2020 1.30
09/04/2020 1.38
08/04/2020 1.36
07/04/2020 1.45
06/04/2020 1.41
03/04/2020 1.34
02/04/2020 1.35
01/04/2020 1.15

Posted by Mabel > 2020-04-30 00:41 | Report Abuse

@Baby Shark Tomorrow lagi nice.. Mabel
29/04/2020 8:13 PM

Meow Baby!

Looking forward to see Dayang break RM 1.20 tomorrow..

It's looking good every one.. :)

Posted by bojed > 2020-04-30 06:23 | Report Abuse

Next week might be a whole lot better.

Posted by Victor Yong > 2020-04-30 07:03 | Report Abuse

The rebound today is going to be stronger :)

(April 30): Asian stocks were primed for gains on the final day of the month after U.S. equities advanced with Treasury yields on optimism from earnings and signs of progress in treating the coronavirus. The dollar fell.

Futures on equities rose in Tokyo and Sydney, with Hong Kong shut for a holiday. The S&P 500 Index earlier gained more than 2.5% to touch a seven-week high. Gilead Sciences Inc. said its experimental drug helped Covid-19 patients recover faster. The Nasdaq Composite Index rose to within 1% of erasing losses for the year, led by Alphabet Inc. after it reported an ad-sales slowdown that wasn’t as bad as expected. Oil futures rebounded after plunging more than 25% in two sessions.

Investors also contended with a fresh warning from the Federal Reserve that the ongoing public health crisis “poses considerable risks to the economic outlook over the medium term.” Data showed the biggest contraction since 2008 in the first quarter as the world’s largest economy shrank at a 4.8% annualized pace. Global stocks are up 11% this month as investors weigh plans by countries around the world to restart activity.

“What’s really driving markets at this stage is any positive news of potential treatments and vaccines, because ultimately that is a game changer,” said Seema Shah, a global investment strategist for Principal Global Investors. “That’s what’s going to be pushing markets, plus anything with regards to the lockdown being lifted earlier.”

These are the main moves in markets:
Stocks

The S&P 500 Index increased 2.7% on Wednesday.
Futures on Japan’s Nikkei 225 added 2.1%.
Futures on Australia’s S&P/ASX 200 Index gained 2%.

Currencies

The Bloomberg Dollar Spot Index fell 0.6%.
The yen was at 106.62 per dollar.
The offshore yuan traded at 7.0740 per dollar.
The euro bought $1.0876.

Bonds

The yield on 10-year Treasuries rose more than one basis point to 0.63%.

Commodities

West Texas Intermediate crude climbed 24% to $15.35 a barrel.
Gold rose 0.1% to $1,714.91 an ounce.

Posted by King Arthur ( no sell no loss ) > 2020-04-30 07:37 | Report Abuse

DAYANG FANS ARE YOU READY ?

Posted by Baby Shark > 2020-04-30 08:09 | Report Abuse

Am ready.. makan breakfast gosok gigi 7am, now want to hentam kuat kuat..
Good morning all

Posted by investortrader88 > 2020-04-30 08:50 | Report Abuse

Good morning guys !

WTI CRUDE 
15.83 
+5.11%



BRENT CRUDE
23.22 
+3.02%




https://www.thestar.com.my/news/world/2020/04/29/gilead-says-remdesivir-shows-improvement-in-covid-19-patients-when-used-early


https://www.theedgemarkets.com/article/us-could-store-another-several-hundred-million-barrels-oil-mnuchin



https://www.theedgemarkets.com/article/norway-joins-oil-production-cuts-first-time-2002




https://www.theedgemarkets.com/article/florida-start-reopening-monday-restaurants-retail



https://www.theedgemarkets.com/article/wall-street-rallies-promising-coronavirus-drug

Posted by funkyway > 2020-04-30 09:05 | Report Abuse

So sad. Should have waited one more day. Nvm shall wait for correction to enter. Too high edi

Posted by i3 newbie > 2020-04-30 09:18 | Report Abuse

sad for newbie too, gone potential 0.08 or another 6.5% gain

Posted by paktua73 > 2020-04-30 09:19 | Report Abuse

yes..morning too all rebellions..
we now sail back to green sea..
hope we can see back 1.30 greenbay on coming weeks..strom is over..
who with paktua??


tut tut
sail to 2.00 green island we dream to go

Posted by i3 newbie > 2020-04-30 09:21 | Report Abuse

newbie actually worry also for tomorrow labour day if come back correction newbie will have to go back square one

Posted by nashvz > 2020-04-30 09:27 | Report Abuse

time to take profit before long holiday

Posted by paktua73 > 2020-04-30 09:30 | Report Abuse

now worry 13newbie tomorrow is p.holiday..
is common if on afternoon got correction..
some maybe will take profit..or cutwin..
paktua will happy if dayang can sustained above 1.15 for coming weeks..
most gladly if can sustain above 1.21..


tut tut
happy see you back square level i3newbie

Posted by karen koh > 2020-04-30 09:34 | Report Abuse

pak tua n friends good morning

Posted by i3 newbie > 2020-04-30 09:35 | Report Abuse

@paktua73
if back square one newbie kill account
go backpack nz aus working not sure how long can recoup back the kick start capital

today newbie target enter market if 1.08
happy holiday to all fighters

Posted by funkyway > 2020-04-30 09:42 | Report Abuse

Waiting for correction. Price not jumping phew.

Posted by paktua73 > 2020-04-30 09:48 | Report Abuse

morning karen..now we see back 1.21 greenbay..

opps sorry paktua think you hold above 1.11 right i3newbie..??
paktua say back Square level is back to paktua target 1 21 now as paktua predicted last night..


tut tut
let stand together..we fight as one..earn as together..

Posted by freetospeak > 2020-04-30 09:58 | Report Abuse

if today dun correct..next wk no chance...nex wk oil will even higher..

Posted by freetospeak > 2020-04-30 10:05 | Report Abuse

https://www.flightradar24.com/data/statistics

u can c flight is slowly creeping up..the lowest is 12 april. expecting will go up more n oil go up as well. hte worst for oil is over.

Posted by probability > 2020-04-30 10:09 | Report Abuse

@freetospeak, excellent info there. Land transportation would have increased much ahead than air above...

Posted by i3 newbie > 2020-04-30 10:12 | Report Abuse

1.24 alamak newbie spectacles shattered already

Posted by Victor Yong > 2020-04-30 10:12 | Report Abuse

1.24 already, breaking 1.3 easily today, i guess :)

Posted by i3 newbie > 2020-04-30 10:14 | Report Abuse

@paktua73
newbie cut loss sold all yesterday ma...
now hold 0.00 and become realised loss

Posted by Victor Yong > 2020-04-30 10:15 | Report Abuse

buy rate 60%........ oil stocks wanted now

Posted by karen koh > 2020-04-30 10:16 | Report Abuse

no paktua is 1400 now avrg is 1240
fellow pak tua intruction tq

Posted by Victor Yong > 2020-04-30 10:19 | Report Abuse

back to RM1.50 to RM2 soon... tumbled from RM3+ one month+ ago :)

4 Weeks Range: 1.08 - 1.50
4 Weeks Price Volatility (%):
30.95%
52 Weeks Range: 0.71 - 3.01
52 Weeks Price Volatility (%):
21.74%
Average Price Target: 2.68
Price Target Upside/Downside: +1.47

Posted by Croxxx > 2020-04-30 10:26 | Report Abuse

@paktua73 what is your trading range now? Did charts switch bullish?

Posted by paktua73 > 2020-04-30 10:47 | Report Abuse

as paktua say..
now actually for us red stock legion..
still need at least 7day..above 1.15..

for now yes..bull rally..
if above 1.27 today n monday next week..
thats strong bull..
now who use old TA indicator..
now is bulltrend..its time for them..
their will adds now..see vol more than 10m..
its will reach 20m today..

so yes for old indicator now is bulltrend..
for paktua need 7day above 1.15 or break 1.27..
than we call bulltrend..
for now let enjoy bull rally...



tut tut
always stick with own methods..

Posted by Mabel > 2020-04-30 10:53 | Report Abuse

Good morning everyone...

Wah so nice....so lovely...

Life is so beautiful....

Posted by paktua73 > 2020-04-30 10:55 | Report Abuse

good karen....
sad for 13newbie..anyway..good luck to you..i3newbie..
will see you soon..respect our result what was taken..
even its painful..
happy holidays..


tut tut
hari hari cuti daa
huhuhu

Posted by Expertise > 2020-04-30 10:56 | Report Abuse

wow oil back to 25 soon

Posted by Victor Yong > 2020-04-30 10:59 | Report Abuse

oil price continues to rise now

brent oil USD24.27, crude oil USD16.59

OTW , dayang back to RM1.50 & above :)

Posted by Mabel > 2020-04-30 11:03 | Report Abuse

@Expertise wow oil back to 25 soon
30/04/2020 10:56 AM

Puurrrfect...

Today is really beautiful day..Weather is looking Bright and Windy...Puuurrrrfect for sailing

Serba is cruising up with more than 3% while Dayang is cruising up at 6%

So I will set the auto cruise for these ships to RM 3.

All the hard work has been done. So now it's time to sit back ...take a deep breath...Relax...

Life is so beautiful...

https://www.youtube.com/watch?v=T2YLLlHPO0g

Meow

Posted by i3 newbie > 2020-04-30 11:04 | Report Abuse

newbie is itchy again thinking to utilise CW to add exposure for the possible gain lol ...

Posted by i3 newbie > 2020-04-30 11:06 | Report Abuse

@paktua73
yes sir, happy holiday.
every trade is an informed mature decision made action ma ..
no pain no gain
get pain get loss
some gain other pain
it is complicated

Posted by joyvest > 2020-04-30 11:09 | Report Abuse

what the hell is going on ?

Posted by joyvest > 2020-04-30 11:09 | Report Abuse

no woman no cry ...