Ya. Keep for long term is a good choice for this fundamental company since so many projects are confirmed and going listed on Shariah list soon. Hoping tonight oil production result from EIA meet the market expectation and the oil price can surge, then can help more for sk. :)

Anyone knows whether their factory was starting to built at Klang or not since it is the end of the May already?

Your words seems got point, but i wondering how long the times are taken to force all the shale surrender since too long times i worry not only shale oil companies but some oil countries will bankruptcy too especially those heavily depend oil revenue?

Sometimes really curious how the OPEC members can survive with the low price for long term if this time meeting no cut production in coming June to boost price? Next meeting their financial need to suffer for another few months times? As a businessman, their way abit Ignorance and use more precious resources to gain same amount of income! :(

It depends on weekly report from IEA. If the data shows the production keeps dropping, then the price sure will surge, trader is looking for the data instead of rumors or prediction. This Tuesday and Wednesday shows the productions are keep dropping about 740,000 barrels, if next weeks keeps dropping then we know what will be happened. Otherwise just can hope OPEC can cut production but it seems hard.

Now almost all the oil stocks are at their half share price since last July and crude price hits to 60 USD and above, the US production is dropping currently, do you think the oil stocks will keep dropping for those profitable company?

No wonder drop, market volatile, klci drop -15pts (because of 11th m'sia plan or 1mdb?)! Tomorrow will climb back since the crude going to break 60 USD soon??

Any bad news coming like last time Mokhzani resign? Why the share price is keep dropping so much without any news or factor? Really don't understand why dropping although crude price stable at 59 USD, yesterday US production start dropping more than 5 million barrels, company going to listed on shariah list, got so many confirm projects and income etc..??????? :(

Any insider news? Why oil price keep uptrend but share price keep dropping? Crude breaking 59 USD ad.