Posted by investortrader88 > 2020-11-19 16:02 | Report Abuse

fly higher. !

Posted by tkl88 > 2020-11-20 08:09 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by tkl88 > 2020-11-20 08:41 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

Posted by Yogibear126 > 2020-11-20 17:48 | Report Abuse

Report down this whole year but stock price up ??
I dont understand .. what is the reason ??

Posted by OldWiseMan100 > 2020-11-21 13:39 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

Posted by tkl88 > 2020-11-24 02:33 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-25 07:00 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 percent)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 percent)‬

Posted by tkl88 > 2020-11-25 07:25 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by investortrader88 > 2020-11-25 16:42 | Report Abuse

going to break RM 7 !!

Posted by BATFLY > 2020-11-30 19:49 | Report Abuse

Why pchem drop 44 cents? Any reason? Strong counter.. Waiting to buy back below rm6.. Ha Ha.. Third round..

Posted by terence775 > 2020-12-01 11:18 | Report Abuse

You can hope but unlikely to get. Drop simply because of rebalancing of portfolio by the passive index funds.

Posted by BATFLY > 2020-12-01 12:52 | Report Abuse

Now already rm7..wah..jump so fast...

Posted by Mabel > 2020-12-04 10:08 | Report Abuse

Brent will breaches USD 50 soon. Looks like there going to be a lot of Fires in the Skies coming from 11 Mabel Energy Battleships and Super Tankers ..

Meow Meow Meow

Posted by ialatif > 2020-12-05 10:45 | Report Abuse

bought rm530 now rm739 so aroung rm2k does not include dividend

Posted by pushparaj > 2020-12-07 19:56 | Report Abuse

Heading towards rm 8.Fertiliser sales may pick up

Posted by Mabel > 2020-12-14 16:02 | Report Abuse

So nice and lovely

Meow Meow Meow

Posted by mamatede > 2020-12-14 22:42 | Report Abuse

next year Pengerang will start most of its plant

Posted by Kyypundek > 2020-12-17 15:32 | Report Abuse

Next year 0.02

Posted by coolvid > 2020-12-29 16:26 | Report Abuse

Run everyone run.... pick up cheap sales glove better...

Posted by coolvid > 2020-12-29 22:23 | Report Abuse

https://www.freemalaysiatoday.com/category/world/2020/12/29/beijing-locks-down-for-first-time-since-june-in-covid-fight/?fbclid=IwAR2PLbYFaA8HqyJPToH8f7bp4wGiDwoO45a-GFbRICg1CW5_0kE_B_u_9ao

Posted by STEADYBOMBIBI85 > 2021-01-24 22:37 | Report Abuse

Eurocham: No mention of lockdown after Feb 4 in meeting with Miti

https://www.thestar.com.my/news/nation/2021/01/24/eurocham-no-mention-of-lockdown-after-feb-4-in-meeting-with-miti#.YA1_G6wITnI.whatsapp

Posted by dompeilee > 2021-01-25 14:37 | Report Abuse

SOLD the last of my PChem shares bought for 5.15-5.16 back in 2015 this morning @ 7.27

Posted by MorningGlory123 > 2021-01-26 08:35 | Report Abuse

Allaying lockdown fears, Noor Hisham says MCO will likely end on Feb 4 followed by three-month CMCO (theedgemarkets.com January 25, 2021 23:27 pm +08)

May I know is it considered positive new or negative new ?

https://www.theedgemarkets.com/article/allaying-lockdown-fears-noor-hisham-says-mco-will-likely-end-feb-4-followed-threemonth-cmco

Posted by Bgt 9963 > 2021-01-26 08:55 |

Post removed.Why?

Posted by me073194 > 2021-01-27 14:05 | Report Abuse

Kawan saya ..afiq ..dia beli pagi tadi

Posted by James Ng > 2021-01-31 21:01 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-01-31-story-h1540247202.jsp
[转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing

Posted by Mabel > 2021-02-08 18:35 | Report Abuse

https://www.bloomberg.com/news/articles/2021-02-07/stocks-set-for-muted-start-after-hitting-record-markets-wrap

Brent already breaches USD 60.. ALL Mabel Energy Battleships and Super Tankers are ready to launch its Missiles..

Meow Meow Meow

Posted by Kevin Tam > 2021-02-17 10:38 | Report Abuse

Pchem still posting below average quarterly profit for last 2-3 quarters n wonder HL research keep giving higher target prices for many heavy weight counters in KLCI...The target price of RM7.40 or above 7.20 looks irrational at this point of time ....

Posted by stockinvestorbest > 2021-02-17 17:13 | Report Abuse

Pchem video analysis

https://www.youtube.com/watch?v=mhCFi3Hj44A

Posted by Philip ( buy what you understand) > 2021-02-24 05:17 | Report Abuse

In the last year we had covid which hurt projections and sales and the low price of oil which hurt the ASP. As pchem earns a standard fixed margin on their products, as the oil price goes up, their volume also will go up as less dumping will occur.

Since I bought more stock at 4.19 and 5+, the oil price has gone from 20 to 63, the vaccine to covid is going to be implemented soon, pangerang is going to be running full production with new products, and more consumption will happen as people move out of 2 years of hunger.

Stop asking 2-3 quarters figures. The real money will be made when you start thinking about 3-5 years figures.

https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2

>>>>>>>

Kevin Tam Pchem still posting below average quarterly profit for last 2-3 quarters n wonder HL research keep giving higher target prices for many heavy weight counters in KLCI...The target price of RM7.40 or above 7.20 looks irrational at this point of time ....
17/02/2021 10:38 AM

Posted by mamatede > 2021-03-03 15:45 | Report Abuse

Exxon and Shell in SG is wise to reduce stake. Because Pengerang will be the next big thing in that straits

Posted by mamatede > 2021-03-08 10:51 | Report Abuse

congrats long term holder. why scare with pchem?

Posted by Philip ( buy what you understand) > 2021-03-13 07:32 | Report Abuse

Learning how to hold and watch paint dry can be very profitable.

https://klse.i3investor.com/servlets/pfs/120720.jsp

Posted by James Ng > 2021-03-13 19:00 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-03-13-story-h1542178780.jsp
[转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing

Posted by Diamond7 > 2021-03-14 16:25 | Report Abuse

Oops
Video clip out
Better run!!!

Posted by Keyman188 > 2021-03-15 08:26 | Report Abuse

Dow futures rise as stocks point to strong open on Monday

(PUBLISHED SUN, MAR 14 20216:02 PM EDTUPDATED SUN, MAR 14 20217:42 PM EDT)

U.S. stock futures moved higher in overnight trading and pointed to gains at the open on Monday, continuing last week’s rally that led the Dow and S&P 500 to record highs.

Dow futures rose 120 points. S&P 500 futures gained 0.25% and Nasdaq 100 futures rose 0.2%.

Stocks rose last week with the Dow Jones Industrial Average rising 4% and the S&P 500 gaining 2.6%. The S&P 500 and the Dow both closed at record highs Friday.

The Nasdaq Composite advanced 3% last week, despite a sell-off on Friday spurred by rising interest rates. The jump in bond yields has challenged growth stocks in recent weeks and sent investors into cyclical pockets of the market. The Nasdaq is up less than 1% this month, while the Dow and S&P are up 6% and 3.5%, respectively.

The U.S. 10-year Treasury hit its highest level in more than a year on Friday. The benchmark Treasury note reached 1.642%, its highest level since February 2020.

The small-cap benchmark Russell 2000 surged more than 7% last week as investors rotated into smaller stocks that benefit from a sharp economic comeback.

Last week, investors cheered the $1.9 trillion stimulus package that President Joe Biden signed into law. The IRS started processing $1,400 direct payments on Friday and checks started hitting bank accounts over the weekend. The bill will also put nearly $20 billion into Covid-19 vaccinations and $350 billion into state, local and tribal government relief.

Investors will be gearing up for Tuesday and Wednesday’s Federal Open Market Committee meeting where the Federal Reserve will deliver its decision on interest rates. The bond market in the coming week will likely take its cues from the Federal Reserve.

The central bank is expected to acknowledge much better growth in the economy. Bond pros are also watching to see whether Fed officials will tweak their interest rate outlook, which now does not include any rate hikes through 2023.

Goldman Sachs chief economist David Kostin told clients on Sunday that he expects interest rates to continue to rise in the coming months and investors will have to “continually grapple with the anxiety about economic overheating and Fed tightening.”

On the vaccine front, Biden announced last week that he would direct states to make all adults eligible for the vaccine by May 1. Biden also set a goal for Americans to be able to gather in person with their friends and loved ones in small groups to celebrate the Fourth of July.


## https://www.cnbc.com/2021/03/14/dow-futures-rise-as-stocks-point-to-strong-open-on-monday.html

Posted by Keyman188 > 2021-03-15 08:27 | Report Abuse

Foresee market continue to surge further...

Cheers...

Posted by Philip ( buy what you understand) > 2021-03-16 15:36 | Report Abuse

https://www.google.com/amp/s/www.malaymail.com/amp/news/money/2021/02/26/pengerang-integrated-complex-to-start-operations-in-h2-2021-says-petronas/1953201

Posted by mamatede > 2021-03-18 11:13 | Report Abuse

Stanby for big surge in bottomline with RAPID.

Posted by mamatede > 2021-03-30 12:38 | Report Abuse

If you ask any people from the downstream industries, ask them selling price. I believe all will tell u price recovered nearly 100% of Covid low.

Posted by Keyman188 > 2021-04-04 12:22 | Report Abuse

Covid vaccinations hit another record, average now above 3 million daily

(PUBLISHED SAT, APR 3 20215:45 PM EDT)

~ The U.S. is now administering more than 3 million new Covid vaccine shots daily, based on a seven-day average of CDC data.

~ On Saturday, the public-health agency reported a record 4.1 million new doses were given.

The U.S. reported on Saturday another daily record of new Covid vaccine doses administered, pushing the weekly average of new shots per day above 3 million, according to data compiled by the Centers for Disease Control and Prevention.

The public-health agency on Saturday reported 4.1 million new doses were given, the highest daily mark since the Food and Drug Administration cleared vaccines for emergency use late last year.

About 104.2 million U.S. residents, or 31% of the population, have received at least one vaccine dose, according to the CDC, while 59.9 million people, or 18% of the population, are fully vaccinated. Pfizer and Moderna’s vaccines require two doses for full immunity protection; Johnson & Johnson’s vaccine, which received limited clearance in late February, is a single-shot regime.

Three-quarters of U.S. residents who are age 65 and older have received at least one vaccine dose, CDC data shows, providing crucial protection against the disease to a vulnerable group of Americans. As of March 31, nearly 81% of the country’s Covid deaths have occurred in people age 65 and up.

The rise in daily vaccine doses administered comes as available supply increases and eligibility is expanded across the nation. In states such as Texas, Kansas and Ohio, all residents age 16 and older are now able to get the vaccine.

The vaccine milestone Saturday arrives against a somewhat mixed picture for coronavirus cases and deaths in the past week. The country’s seven-day average of new daily infections sits at 64,617, up 6% compared with a week ago, according to a CNBC analysis of Johns Hopkins University data. Cases are growing in 26 states, plus Washington D.C., CNBC’s analysis shows.

However, the U.S. weekly average of new deaths per day is down 12% to 847.

President Joe Biden has urged the country to continue remaining vigilant around coronavirus spread despite significant progress on the vaccine rollout. “Too many Americans are acting as if this fight is over,” Biden said Friday. “It is not.”

Also on Friday, the CDC said people who have been fully vaccinated against Covid can travel at “low risk to themselves,” while still stressing the need to wear a mask and maintain physical distance.

“We continue to encourage every American to get vaccinated as soon as it’s their turn, so we can begin to safely take steps back to our everyday lives,” CDC Director Dr. Rochelle Walensky said in a statement that accompanied the guidance change. “Vaccines can help us return to the things we love about life, so we encourage every American to get vaccinated as soon as they have the opportunity.”


## https://www.cnbc.com/2021/04/03/covid-vaccinations-hit-another-record-average-now-above-3-million-daily.html

Posted by Keyman188 > 2021-04-04 12:22 | Report Abuse

New Life...New World...


Cheers..........

Posted by Keyman188 > 2021-04-06 07:32 | Report Abuse

Dow climbs 370 points to close at a record high amid optimism on the economic recovery

(PUBLISHED SUN, APR 4 20216:03 PM EDTUPDATED MON, APR 5 20214:06 PM EDT)

U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.

The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.

Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management’s non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey’s history.

“A ‘Capital V’ recovery that is in the early innings,” said Tony Dwyer, Canaccord Genuity’s chief market strategist. “The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.”

Tesla shares popped more than 4% as the electric vehicle company reported production and delivery figures that broadly beat expectations.

GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to $1 billion worth of stock.

Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.

Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.

“We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,” Wei Li, global chief investment strategist at BlackRock, said in a note.

The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.

Treasury Secretary Janet Yellen on Monday pushed for a global minimum corporate tax in an effort to keep companies from relocating to find lower rates.

However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.

Republican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.

Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan would not receive Republican support and vowed to oppose the broader Democratic agenda.

On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.

## https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html

Posted by Keyman188 > 2021-04-06 07:32 | Report Abuse

Really strong recovery road...

Posted by Keyman188 > 2021-04-06 20:47 | Report Abuse

IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’

(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)

~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.

~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.


LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.

On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.

Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.

“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.

The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.

“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.

The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.

Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.

“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.

As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.

“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.

Recovery in the U.S.

The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.

The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.

As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.

Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.

The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.

“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.


## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html

Posted by Keyman188 > 2021-04-06 20:47 | Report Abuse

Global economy driven by US & China upcoming...

Posted by ratz > 2021-04-28 15:17 | Report Abuse

Lotte’s record qtrly profit today is driving PetChem share price

Posted by mamatede > 2021-05-01 01:01 | Report Abuse

https://www.investing.com/news/commodities-news/exxon-posts-first-profit-in-five-quarters-on-higher-oil-prices-2491233

Big margin for petrochemicals...

Posted by Mabel > 2021-05-27 06:48 | Report Abuse

New World

Same old Keyman..

Meow

Posted by wkc5657 > 2021-05-27 13:41 | Report Abuse

Wah.....result terror!