One more important G20 meeting tomorrow...that's why oil rally still coy now....hope Trump will be a good boy.

The oil ministers should be experienced enough to get their numbers right...the problem is agreeing on who should cut how much...Trump seems to think U.S is already doing enough reducing 1m b/pd per day....but U.S should reduce more since they are desperately trying to save the drillers, jobs, and maybe even banks.

All oil producers want higher oil price...including the U.S....this time, an agreement HAS TO BE REACHED.

U.S will be net oil importer this year...that's why Trump is talking about tariffs...the shale producers are dropping like flies now...Saudi and Russia got them by their throats....they will have to capitulate to OPEC's "request" to join the production cut....or face more casualties.

Loud mouth Trump will ensure deal is reached...his presidential 
re-election campaign, American oil industry, millions of jobs, and banks at stake.

Loud mouth Trump will ensure deal is reached...his presidential
re-election campaign, American oil industry, millions of jobs, and banks at stake.

Queue at 0.15 in case got emotional sellers..

Postponement of meeting does not equal to no production cut agreed....verdict after meeting on 9th...not tomorrow.

This counter is down more than 50% from listing debut...retail hard hit for 2 quarters at least...can still buy below 0.30

If the hillbilly shale producers refuse to join in the production cut....Saudi and Russia could just drive the oil price down again to below USD20...until Trump comes begging.

Oil price spiked on Friday...buying frenzy will resume next week with rising optimism of an agreement among major oil producers...this time including hillbilly U.S shale...oil traders will send Brent oil price above USS40 and crude to above USD35....let's see.

Saudi + Russia + hillbilly U.S shale + OPEC = stable oil price...minus one also cannot work...oil price spike on Friday will trigger buying frenzy again next week...once agreement is reached...tp next week 0.20..

Trump wants to be the energy powerhouse in the world....his wish is granted...keep on pumping U.S.A....lol

Serves the shale companies and their investors right....they should have cooperated with OPEC and other oil producers and control output to maintain oil price at or above USD50....Trump is finally doing the right thing now talking to Saudi and Russia but it's too late...they are determined to smack the flies down...they just got the biggest scalp...Whiting Petroleum...more to come....meanwhile, can wait for lower price for HIBI.

Better buy netcash companies now

Expensive considering expected profit plunge in next 2 QRs ..earliest recovery may be 2021....or 4th quarter at the earliest....let's see.

Many are stucked above 0.2x and 0.3x...ok to put up a brave front... oil price will surely bounce back above USD40 in weeks or months ahead...but right now...let the dust settles first...oil could be heading lower from current levels...can buy cheaper...Panda is right.

I'll buy one or 2 wks later...wait and see what impact Saudi's glut of supply have on oil price...make sure it has reached bottom first.

Will we see 0.80 and below again?

It should break 0.10 again soon...to 0.085 at least...will buy aggressively...before warrant expires.

Oil retreating...so will KNM...after failing to climb above 0.12 even after DOW chalked up massive gains....let's see

DOW up so much yet KNM stayed flat...get ready for retracement...together with oil

No need to ask for help...there is huge buying interest now.

Verdict will be out next month.

Today should gap up more than 3 sens? Again...I'll say enjoy the rebound while it lasts...there'll still be volatality ahead.

Without IDSS...stocks like KNM breathe easier...otherwise, won't see 0.11 today.

If goes down to 20 sens..I'll buy one million lots of mother and son.

Shortselling should not be allowed in Malaysia....not just suspended.

It should break 0.10 again...0.085 seems like ideal entry price....let's see

Gapped down 0.09 sens...this is crazy.

Oil retreating again

This counter at 0.575 is ridiculously cheap...potential double bottom rebound at 0.435...that is, if it ever gets there.

Don't forget insiders who sold are loaded with cash now....the rebound rally will be strong in April....let's see...going to load up when preferred tp is reached.

Holding steady at 0.11...very good le....just waiting for Dayang to rally.

I dont think 0.71 is bottom...oil and DOW volatility not over yet

May retreat further to below 0.085...let's see...buy before warrant expires.

Sure sound like one lo

This stock really screws all who touched it...pity holders who bought at 0.2x, 0.3x, 0.4x, 0.5x....and those who kept averaging down.

Dayang sinks...Perdana will retreat but downside is limited...it's only 0.11 sens afterall...when Dayang rallies again...0.11 will be considered dirt cheap...of course can get below 0.10 better lo.
.

Post removed.Why?

Never heard of buy high sell low.

Downside is limited...even if oil dives below US$20...Perdana may be around 0.06 to 0.08...Dayang up Perdana follows...so no worries.

Buy Dayang when oil hits teens then.

Touched 0.085 with ease today...0.05 is not a big ask....Brent and crude will sink to teens in near future according to analysts...
.0.05 is only a matter of time....let's see.

Àaaaaaarrrrggghhhh

How do u feel when newcomers can buy below 0.10 and u have averaged up and sitting on huge paper losses...don't miss this opportunity if u believe in KNM's fundamentals lo.

Ride the wave while it lasts...the fireworks will soon be over.

There'll still be wild swings ahead...enjoy any rebound while it lasts

No nightmare...rebounded very fast
..and riding on Daysng"s rebound rally

Enter at own risks cos DOW still ib wild swings...it will revisit below 0.10...only reprieve is the introduction of the uptick rule for shortselling.