Posted by Mabel > 2020-03-25 14:20 | Report Abuse

The only reason is the rest has been battered severely..

This CEO really needs to steps up and starts communicating on his program. He has until May to announce his regulation plan..

Too quiet..

Posted by Machho > 2020-03-25 18:06 | Report Abuse

Chart looks like going to burst

Posted by Mabel > 2020-03-25 19:55 | Report Abuse

Great Maccho!

When I was a little gal, I love watching Dallas...

Now I really feel like a Erwing Family..

Meow

Mabel Erwing...

Posted by SNAS > 2020-03-26 16:15 | Report Abuse

https://www.theedgemarkets.com/article/yamada-zico-group-set-platform-bridge-funding-gap-between-japanese-investors-and-asean-smes

Yamada, ZICO Group set up platform to bridge funding gap between Japanese investors and Asean SMEs

KUALA LUMPUR (March 26): Japanese firm Yamada Consulting Group Co Ltd and local ZICO Group have teamed up to offer a platform for advisory and consulting services aimed at bridging a funding gap between Japanese investors and Asean small and medium enterprises (SMEs).

The partnership comes as more Japanese corporations are speeding up their transformation via acquisitions, amid an ageing population and slow domestic growth, while SMEs in the region urgently need alternative sources of funding, besides banks, which has been given renewed importance by the Covid-19 outbreak, it said in a statement.

The platform will offer SMEs with professional services support and access to these corporations as well as pre-initial public offering (IPO) investors, and providers of mezzanine capital and private equity, initially targeting those in the range of US$10 million and US$50 million each.
The platform will also leverage on Yamada’s expertise to provide technical, consulting and corporate restructuring services.

Meanwhile, projects will be geared towards achieving business succession and transformation for target companies and SMEs, eventually leading up to exits through IPOs or trade sales.
In addition, both sides will develop and execute corporate finance and merger and acquisition (M&A) advisory projects; identify and facilitate international buyers and sellers; create, secure and execute sell-side and buy- side mandates; and support geographic acquisition strategies of corporate finance clients.

President and chief executive officer (CEO) of YCG said the potential for more investment flows between Japan and Asean makes it more conducive for both parties to collaborate, following the Covid-19 outbreak.

“We see ZICO as a partner who shares our aspirations in seeking to build economic bridges between the two regions,” he said.

Meanwhile, ZICO managing director Chew Seng Kok said the collaboration will facilitate the provision of such services between Japanese companies and Asean businesses, especially SMEs, in obtaining investments or divesting their businesses to international investors.

Going forward, ZICO also announced separate agreements with two Malaysian sell-side advisory companies, which are Sage 3 Sdn Bhd and Anderson Corporate Restructuring Sdn Bhd.

Posted by SNAS > 2020-03-26 16:26 | Report Abuse

https://www.facebook.com/Madiustangau/posts/2566089593471373

Usaha menarik pelaburan utk sektor #industri Sabah berterusan.
Hari ini saya dalam pertemuan dgn #Mitsui O.S.K Lines (MOL) di pejabat mereka di #Singapura yg diperkenalkan kpd saya oleh Barakah Petroleum Offshore Berhad.

Pelbagai potensi kita explore. Dan kita akan teruskan perbincangan serta komunikasi sebegini. Kita akan usaha semaksima mungkin agar Sabah lebih progresif dan makmur.

Terima kasih kepada pengerusi #Barakah, Datuk Zaid Ibrahim dan #MOL Chief Executive Representative Masahiko Okubo & general manager #LNG, Keiichi Inoue.

Mohon iringan doa

#SabahLeader Shafie Apdal Ewon Benedick UPKO Malaysia POIC Lahad Datu Sabah Oil & Gas Development Corporation Sdn. Bhd. - SOGDC KKIP SABAH SEDCO Holding Kementerian Perdagangan dan Perindustrian Sabah #DIDR

Posted by SNAS > 2020-03-26 16:31 | Report Abuse

I get the information from Datuk Seri Panglima Wilfred Madius Tangau's Facebook. He is a Malaysian politician who is one of the Deputy Chief Ministers of Sabah as well the State Minister of Trade and Industry

Posted by Happy3933 > 2020-03-26 23:15 | Report Abuse

Meow meow meow

Posted by Mabel > 2020-03-27 07:37 | Report Abuse

Keep us posted...

Wah.....

Dow Jones is up...

Market will be meowing today...

Meow..

Posted by SNAS > 2020-03-27 08:51 | Report Abuse

We will fight until the end

Posted by Machho > 2020-03-27 14:22 | Report Abuse

Regu plan delayed 12 months announced by Bursa for pn 17

Posted by Mabel > 2020-03-29 19:14 | Report Abuse

Meow..

Posted by Mabel > 2020-03-30 14:25 | Report Abuse

Machho,

From where you get the news that Regu plan delayed 12 months announced by Bursa for pn 17?

Posted by Machho > 2020-03-30 15:15 | Report Abuse

https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-announces-additional-relief-measures-to-alleviate-the-impact-of-covid-19-on-capital-market-players

Posted by Sonnykwaeh > 2020-03-30 15:22 | Report Abuse

BUY Xin hwa (5267 ) good news coming to announce

Posted by Mabel > 2020-03-30 21:16 | Report Abuse

Noted and thanks Machho...

Meow..

Posted by Investsucess Trader > 2020-03-30 21:21 | Report Abuse

Buy at 0.01 and sell at 0.10 good profit ....

Posted by Trader Invest > 2020-03-31 00:00 | Report Abuse

When price 0.10?

Posted by Godofgambler > 2020-03-31 02:09 | Report Abuse

Good news of the extension pn17 plan.. Barakah still have time to find solution.

Posted by Mabel > 2020-03-31 08:46 | Report Abuse

Meow...

Posted by Investsucess Trader > 2020-03-31 11:01 | Report Abuse

Posted by Mabel > Mar 31, 2020 8:46 AM | Report Abuse

Meow...


Tak boleh naik lah...... lain orang sudah naik....

Posted by Mabel > 2020-04-02 00:13 | Report Abuse

Too many bargains price everywhere..

Meow..

Posted by Mabel > 2020-04-02 07:58 | Report Abuse

Dow plunges 974 points after Trump warns of 'painful' times to come and a 'shocking' coronavirus death toll

Posted by coolio > 2020-04-02 15:46 | Report Abuse

wahh..100%

Posted by Trader Invest > 2020-04-02 15:50 | Report Abuse

Incoming?

Posted by Machho > 2020-04-02 17:07 | Report Abuse

2 cent still cheap, accumulate more

Posted by Mabel > 2020-04-02 18:17 | Report Abuse

Wah so nice...

Meow Meow Meow..

Posted by Paliwar > 2020-04-02 18:47 | Report Abuse

@mabel how far tp can go

Posted by Mabel > 2020-04-02 19:51 | Report Abuse

@Paliwar @mabel how far tp can go
02/04/2020 6:47 PM

Paliwar,

To be honest, I don't know...

What I do know is that I keep on collecting Barakah at dirt cheap price when people were selling to average down my holding cost..

..and today, Walla...all my 14 Battleships are up up and running today. All of them climbs solid very solid double digit%. My Fancy Alam for instant, climbs 66%..

However, the real star of today is definitely my Silent Mary Barakah, she's definitely the best performer climbing 100% today.

My cat instinct feel, once the CEO announce the regulation plan he promised in May, it will easily climb to 8 cents..

Let's explore this uncharted journey together...

Meow..

Posted by Investsucess Trader > 2020-04-02 19:54 | Report Abuse

Just buy what ever is 1cts stocks.... hahah....

Posted by Mabel > 2020-04-02 20:31 | Report Abuse

Meow..

Posted by Paliwar > 2020-04-02 20:36 | Report Abuse

hahha i see all 1 cent stocks are up up u know

Posted by Mabel > 2020-04-02 22:03 | Report Abuse

...and charts doesn't works so well with this type of pennies stock...

Stock price is 80% about perception

Only 20% or even less about other things including fundamentals

Deal with it

Posted by Godofgambler > 2020-04-03 07:56 | Report Abuse

Barakah back into action
Tp0.29 soon

Posted by mh87 > 2020-04-03 14:47 | Report Abuse

Brent is now heading to 30USD

Posted by Trader Invest > 2020-04-03 15:39 | Report Abuse

Barakah nothing to do with oil price. Correct me if im wrong

Posted by Paliwar > 2020-04-03 19:04 | Report Abuse

yes u wrong :))

Posted by Machho > 2020-04-03 20:03 | Report Abuse

Yes, its related with oil price, just dont hv so much influence on it

Posted by Investsucess Trader > 2020-04-03 20:08 | Report Abuse

Just buy at 0.01 and sleep,

Posted by RedEagle > 2020-04-03 21:31 | Report Abuse

LONDON (Bloomberg) -- The OPEC+ coalition is pushing for other major oil producers to join it in a deep reduction of global crude output and stem the historic rout in prices, a move that sent futures sharply higher.

A global cut of 10 million barrels a day is a realistic goal, according to a delegate, who spoke on condition of anonymity.

The Organization of Petroleum Exporting Countries and allies, a group led by Saudi Arabia and Russia, has already scheduled a virtual meeting on Monday and wants other nations to join talks as soon as possible.

The 10 million figure was first touted by President Donald Trump on Thursday, who called for a coordinated production cut.

He gave no indication whether the US would take part. For Saudi Arabia, it’s essential that producers including the Americans join in.

Trump is meeting oil executives later on Friday. Russian President Vladimir Putin is meeting his country’s oil executives too.

Oil surged on the news. But there are enormous obstacles to any deal.

Russia was quick to deny on Thursday that any agreement had been reached -- although it had said for weeks it’s open to talks.

Even if an accord can be struck, a cut of 10 million barrels would barely dent the glut of oil that has been created by the economic fallout of the coronavirus pandemic.

Traders estimate the lost demand could be as high as 35 million barrels a day.

And so far, there is no sign of any movement toward a truce in the ground war. Saudi Arabia is ramping up exports, as it promised to do.

But diplomatically the picture is more nuanced.

For several days, Saudi Arabia was wrong-footed by Russia, as Moscow sounded open to talks and blamed the price collapse on the kingdom.

Now, by saying it’s ready to cut, the kingdom has put the onus on Moscow, forcing the Kremlin to reverse their opposition to cuts, or be blamed -- by Trump among others -- for the damage.

Oil Jumps

Brent crude, which jumped more than 40% on Thursday after Trump’s announcement before paring gains, rose 11% on Friday. It’s still down 50% this year as the virus fight grounds planes and shutters huge swaths of the global economy.

In some corners of the market, physical prices have gone negative and some producers are expected to start suspending output as there’s not enough space to store the excess crude.

Tankers have filled up fast as ships are being used as storage rather than transport.

Oil-producing nations around the world are feeling the pain of the price war, which started a month ago after Russia refused to take part in deeper cuts, saying it would only extend the previous deal.

Saudi Arabia aggressively discounted its crude days later, in a move to seize customers from Russia’s traditional markets.

Shale producers in the US are struggling and national finances are under pressure. Russia, for example, is now expecting oil prices at US$20 a barrel this year and will ramp up borrowing to make up for a budget shortfall.

Saudi Arabia will also have to make deep budget cuts as oil accounts for the vast majority of its revenue.

The kingdom’s next move in the price war could come as soon as Sunday, when it sets official prices for its crude exports. The operation could be postponed, however -- as it was last month -- to avoid prejudicing the Monday meeting.

Washington’s Options

Trump will meet on Friday oil executives, who are battling among themselves as to what the administration should do.

The White House has considered tariffs on foreign oil imports to protect US producers, though the idea is opposed by some top Trump advisers led by Larry Kudlow, the director of the National Economic Council, according to people familiar with the matter.

The idea of a US production cut, probably executed by capping exports, is also on the table at the White House, though many oil industry representatives have warned that the approach would cause the US to cede the very "energy dominance” Trump has repeatedly celebrated.

Trump said on Thursday he expected a deal -- but made no mention of any role for the US.

"It would be great for Russia, it would be great for Saudi Arabia -- I hope they make that deal but that’s what they told me,” he said. "Can something happen where it doesn’t happen? I guess? In which case there’s another alternative, but I’d rather not see the other alternative.”

In his tweet, Trump said he had spoken to Crown Prince Mohammad bin Salman, who had in turn spoken with Putin. But a Kremlin spokesman, Dmitry Peskov, said the conversation hadn’t happened and that no production cut had been agreed to with the Saudis.

Russia hasn’t yet confirmed its attendance at the OPEC+ meeting. But Russia has long said it’s open to talks, and the industry may find itself forced into production cuts anyway because of the slump in demand, potentially bolstering the case for a coordinated response.

Posted by Investsucess Trader > 2020-04-04 11:34 | Report Abuse

Just wait and buy at 0.01 and then enjoy the action.......

Posted by RedEagle > 2020-04-04 12:38 | Report Abuse

WASHINGTON (Reuters) - It is illegal for oil producers to meet to discuss pushing up oil prices under U.S. antitrust law, but perfectly legal if state regulators or the federal government set lower production levels for them, U.S. antitrust experts said on Friday.

That said, the decision by a Texas state official to talk with Saudi Arabia and Russia about supporting oil prices marks a sharp contrast with U.S. policy. A year ago President Donald Trump tweeted that OPEC needed to "increase the flow of oil. World Markets are fragile, price of Oil getting too high."

A two-thirds drop in oil prices in the last three months has swiftly changed Washington's thinking on whether or not it should meddle in the energy market.

Trump has called on top producers to stop a market rout caused by the coronavirus pandemic, as OPEC and its allies work on a deal for an unprecedented oil production cut equivalent to around 10% of global supply.

"Trump himself, other federal officials, and Congress cannot violate antitrust (law) by any official actions they take. It doesn't apply to them," said Chris Sagers, who teaches antitrust at the Cleveland-Marshall College of Law.

When oil prices are high, anti-OPEC bills, nicknamed NOPEC, gained traction in Congress. The bills would allow OPEC to be sued in U.S. courts for violating antitrust laws.

Such bills have been introduced in the U.S. Senate and House of Representatives for more than a decade, but have never succeeded. In February 2019, the latest version was approved by the House Judiciary Committee.

"From an antitrust perspective, businesses have been complaining about OPEC and complaining about these foreign systems for years," said Barbara Sicalides, an antitrust expert at Pepper Hamilton LLP. "I don't think it's an antitrust violation. It's certainly a change in policy."

Oil prices have fallen to around $20 per barrel from nearly $65 at the start of the year as more than 3 billion people went into a lockdown, reducing global oil demand by as much as a third.

Texas regulator Ryan Sitton, one of three members of the Texas Railroad Commission, waded into oil diplomacy on Thursday, calling Russia's energy minister to discuss possible oil production curbs and angling for talks with Saudi Arabia as many producers in the U.S. state's biggest industry warned it was near collapse.

The Oklahoma Energy Producers Alliance has urged its state's regulator to curtail crude oil production.

This kind of conduct in private industry would not be permitted, but under the state action doctrine it is allowed if it is done under the commission's authority, said Sicalides.

Posted by Investsucess Trader > 2020-04-04 13:07 | Report Abuse

Wait at 0.01 la, simple....

Posted by mh87 > 2020-04-04 13:28 | Report Abuse

Next week should above 0.02 if O&G stock in rally mode

Posted by Investsucess Trader > 2020-04-04 17:39 | Report Abuse

Don't get trap in bear trap at pandemic. ....Why oil rally???
All cars are off the roads and aeroplanes are off the skies.

Posted by Godofgambler > 2020-04-05 15:59 | Report Abuse

China today plan to buy all the oil for its emergency reserves and snatch up cheaper barrels for its stockpiles.
Most likely oil price will rally another week.
Good news for global oil market.

Posted by Godofgambler > 2020-04-05 16:09 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/Chinas-Plan-To-Capitalize-On-The-Oil-Price

Posted by mh87 > 2020-04-06 12:56 | Report Abuse

Barakah is still lagging.. Waiting the right time to go up..

Posted by Silver Ecstasy > 2020-04-06 15:25 | Report Abuse

Ade lagi tak kaunter yg 1-2 sen..modal Ade seribu je nie

Posted by Godofgambler > 2020-04-06 18:33 | Report Abuse

Out of PN17 jadi 9 cents dulu...
Quaterly profit jadi 0.12

Posted by Mabel > 2020-04-06 23:39 | Report Abuse

Wah today so nice..

All my Battleships are up and running...

The gainers included Hibiscus Petroleum Bhd, Sapura Energy Bhd, Serba Dinamik, Icon, Dayang Enterprises Bhd, Bumi Armada Bhd, Velesto Energy Bhd, KNM Group Bhd and Alam Maritim Resources Bhd etc etc...

Basically all the 14 Battleships are up and running..

Meow...