Trump calls on OPEC to 'relax' ...

https://www.nst.com.my/node/463683/amp

Ha ha ha. Relax, Donald. Even better is coming your way, man.

Now, now, steady on & calm down, Termite Kid. What show is that you even dare to think about. You're not even on the boat. You never have been. You either don't have the dough, or you don't have the dikk. Just saying.

LOL. He can't, becos his mouth is now all stuffed up with his missus' period soiled tampons dunked in diarrhoea grade chicken shit, as has been requested by someone, for making a bad prediction.

Along with his friends the Termite, HuatHuat2 & Ron96.

Oil moves from undecided to bullish

https://oilprice.com/Geopolitics/International/Oil-Markets-Move-From-Undecided-To-Bullish.html

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The more transactions I execute, the more hardworking I look to my company, and the more money I make on the side with my favourite remisier. What a life, man.

Fund managers buy & sell stocks every day. If I am a fund manager with some giant fund house like kwsp, kwap etc., I can supervise buy or sell through any investment bank, investing agent, or private commission based remisier.

If I do it through a remisier, what is there to stop me from quietly negotiating a small commission, say 0.1%, or even 0.05%, to be paid directly to me out of his own pocket.

If the value of the transaction is just RM1 mil (which is quite small for a big fund house), 0.1% commission = RM1,000

I do that just 10 times a month, I get 10k per month. Easy money. On top of my fixed salary as fund manager.

Can fly today kah

TP (as cited on Bursa's Perdana stock overview page) = 92

Moral of story:

Next time, do not simply let any so called sifu lead you without any questioning up the garden path. Rely on your own personal analysis & judgement.

heh heh heh

OMG. Aaarrrggghhhhh!!!

Yukkh!!! Yukkh!!! Yukkh!!!

354% profit spike for Hibiscus for 2QFY18

http://www.theedgemarkets.com/article/hibiscus-shares-38-after-reporting-strong-2q-earnings

Wow, man.

Now 66.59

Brent still holding well above 66. US-China trade war discussions gvg off positive vibes. So, this downward movement among O&G counters doesn't make any sense at all.

So, possibly, just selling on nervousness among some unsteady hands.

Could be just investors' jitters about upcoming qrtr reports. Funnily, the worst performers of last qrtr are best performing in price movement today LOL. Barakah unchanged, Sapnrg up one sen. Becos you can already expect that theirs are going to be bad again LOL.

Brent on track for best performance in Q1 of any year since 2011

https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Near-Three-Month-High-As-Market-Tighten.html

Oil to move higher

https://www.forbes.com/sites/greatspeculations/2019/02/17/oil-prices-are-poised-to-move-higher-into-april/amp/

So, long players are going to be just fine.

Only Dayang managed to eke out a half sen gain today. Hibby, Sapnrg & Perdana all closed unchanged. Barakah down half sen, Armada down one sen.

The reverse started around just before lunch time. Probably caused by contra players dumping, becos today is their T+4 day after first round of O&G run-up last Tuesday.

At this rate 70 barrier could come within striking range fairly soon

Brent 66.66

Flower power!!!

What hurt. Nobody was hurt when Brent was 100+ in 2014. If high oil is so bad then there would have happened a global recession or something every time Brent hits 100. But that's not how it works.

High oil only means oil exporting nations gain more export revenue. Which then means that that they then have more money to buy goods from other countries, including US & China. It is Donald Trump who does not have an adequate understanding of how the global economy really works & has an exaggerated phobia about high oil.

Brent latest 66.34

LOL. Good one, that.

Brent gone berserk. Now 66.36, and galloping like a stallion on steroids.

Oil hits 2019 highs

https://www.cnbc.com/amp/2019/02/15/oil-markets-us-sanctions-on-venezuela-and-iran-opec-in-focus.html

30 sen barrier could fall soon

Oil & gas will still be dominant for at least several decades more

https://oilprice.com/Energy/Energy-General/2-Reasons-Why-Big-Oil-Isnt-Rushing-Into-Renewables.html

Aye, sir. You can say that again.

Time to start spreading the good news to your good friends. So that they don't miss the good boat.

high oil <=> good mood <=> positive perception

Grow up, fellas. No need to waste time remaining hung up about fundamentals. It's all at least 75% just about mood & perception.

ha ha

LOL

Mr. TTWei, what herbal weed is that you're smoking? Could I have some?

At the rate that it's going, I believe it will.

Ha ha. No big deal. It's becos Reach, Barakah & Armada have all fallen so much, compared to Perdana.

Tapi kadang2 ada juga customer manja. Kena la kasi layan sama dia lebih skt. Sbb nak jaga hati kawan punya pasal, kan.

Important advice from veteran investor. Every time you go in, you need to be ready & prepared to go long. That is for your own defence.

But sometimes, you do hit lucky. You buy morning, you can sell afternoon. That is all.

Perdana is like the Rock, the People's Champion.

It's latest qrtr profit was very good

Cool

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Brent latest

58.28

Okay, you sell @89.5 sen. In three weeks time, other guys could be selling at 1.20. Perhaps selling back to you.

Ha ha ha

Ha ha. You were so scared to buy when it was 82.5 sen. But now, it's 6 sen more expensive, and you're not so scared anymore. Like, how come, man.

Next time, you ask your own grandmother, which price is a better one for buying something, lower or higher.

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