Brent reach new higher today due to positive sentiments of US stimulus and vaccines, with budget 2021 passes and PM affirm his majority I believe market to be super green-ish today. The catalyst is super strong today (in US tech carries dows), lets see what carries bursa today. Im excited to see

PN just affirms their majority today, so expect market rallies tomorrow. Yesterday n today market drop due to negative political sentiment. - not buy/sell call, trade own risk-

Actually it drops today due to political uncertainty, the opposition wanted to overthrow current gov at thru persidangan bajet 2021. But they failed, that is the reason why it JCY rebound as soon as the bajet 2021 passed.

I am to hold anyway, I doubt Muhiyyiden won't do a thing about this plus they been able to approve most of the budget phases without failing until now. Note : My comments are not buy/sell call, trade at your own risk.

I honestly not into PN, but I wish them success tomorrow. Note that, stock market right now are overvalued, most of them. For it to continue rising without correction it must continue to follow the "recovery theme" as played by global market. To be halted by a change of government would means a disaster for us investors. This has became a gamble, if the budget surpassed we might see KLCI at 1700++ (which we can assume armada goes for 0.4+), if its not then deep correction.

Most counters down today mainly due to stupid politicians, ops sorry I meant due to politicial uncertainty.. They really loves to messed with us just when global market gainin with positive news sentiments. Im feelin like I wanna curse them with everything right now...

Dont just look at TA, look at the FA and the catalyst. The catalyst is quite strong now with brent is boutta break $51 soon. Although our political shit made quite a mess now it will only halted armada advance. Just see la out of 400s counters went negative today only armada made it green..honestly armada is safe to go. Still, I dont encourage u to buy, this is not buy/sell calling, trade at ur own risk.

Ok fk, market in red now due to political uncertainty!!!! Just when Asian Market gainin now for brexit extension+vaccine positive sentiments we are having political uncertainty!!! This is ridiculously dumb

I lose a lot last time when he Anwar did that. Kinda traumatised lol

Man.. Just when oil goin up our politicians fked up, AGAIN!

Lookin at the QR I honestly believe highest KNM can go only around 0.35-0.4... RM3 is impossible at times like this.

After the committee hearing approved of Pfizer emergency use yesterday, FDA today approves Pfizer Vaccine after White House Ultimatum!

Currently, gold prices already boosted by US stimulated packages , so we can expect oil prices to maintain or boosted further soon. So we just need to make sure armada closing price greenish today. It is estimated US to announce their stimulus package next week.

I think it will rebound soon at noon. We can expect few more good news that can boost oil prices i.e. FDA approval estimated to be today/tomorrow and US economic stimulus package that is expected to be next week.

@Alex probably retailers with huge capital myr1 million, can't compete when only got 50k capital for this counter

U might see 0.47,but others wanted to sell for quick buck. Well whatever.. It just such a waste to do that when u can earn more by just push urself to be patience.

Lol people are profit taking already...

Tomorrow O/G counters goin up, GST implementation related companies also might go up. PS this is not buy/sell call, trade at your own risk.

Sentiment went down only on tech sectors in US market last night. Only few sectors were greenish including energy, others reddish. WTI made it to $45/bpd++ overnight and US secured their gov from shutdown. Today is the hearing for vaccine authorization uses by the FDA if im not mistaken, lets see what it gonna be.

Hope oil rises continuosly...

Im going to re-enter since tonorrow is vacccine hearing by FDA and heard this week US about to discuss their stimulus talk, hope all goes well!

Retailers cant push price.. Only sharks can.. I think only after q12021 qr report came out only then it go up. (not calling buy/sell, trade with caution at your own risk)

We need SUPPORT to avoid panic sell. Build strong support at 0.450/0.445 if can

INIX is expecting a revenue of RM10 million per month from gloves, assuming in a year they made RM120 million thats like almost half of Rubberex revenue or 1/3 of Carepls revenue.. Which means the fairest share price should be around 0.7-0.9. BUT, that only applies if market didnt messed up inix later since idk myself but market seems to be messed up quite a lot recently.Thoughts anyone?? Seems like a hope analysis for me lol. #Not a call to buy/sell, trade your own risk#

Yes @mike I also waiting for FDA approval and US stimulus package announcement then Im gonna ride again and that would mean all in for me.

Looking at industry average for glove players INIX fairvalue should be around RM0.7++. PS, my comments here not a call for buy/sell trade at your own risk.

Nevermind did my research, it is indeed legit business but the market seems to be mixed as of now.

Which royal families linked with INIX?

Inix already bought gloves producer and distributor company and expecting to deliver 1 million boxes of gloves to US next month. Hope someone can do some calculations on the estimate of production and profit. TQ

O&G counters goin down because of the recent resurgence of covid19 cases in US, it caused uncertainty on oil prices. But do not be panic, Pfizer vaccine boutta authorized for mass vaccination by FDA soon either this week or next week

US news - FDA adviser says Pfizer vaccine authorization could be this week, 10 Dec will be their meeting.

I TP out oredy as I see another fortune tis week. the good news is few middle east countries complied OPEC decision however recent resurgence of covid cases in US halted the rally, need to wait till FDA authorized moderna/pfizer use in US and US stimulus package then I will rejoin again. In conclusion, safe to hold but if u can see other opportunity then go for it, im expecting logistic goin up soon due to massive ecommerce sales this week, thougts?? . *not stock market advisory, trade at your own risk*

It seems like a retracing pattern. Just when oil price rises.. Weird indeed.

Even if it go below 10 sen or 5 sen it will rebound back, armada is not a small company, they are huge. Just look at their strong current ratio.

They sell at 0.00001 profit mainly because they have rm1 million ++ capital

I will be out at 0.5, it is the farthest I can go comrades. 0.6-0.8 is the limit is the farthest our vessel can go.

The wind is gettin stronger, hold tight your position the next destination 0.4 in the next few hours!

Brent at 49.56 now!!!!!!

No doubt, I was doing my research for the recent news of RM60b REE mining at Kedah which the CM says are to be given to local company operating at KL and this came to my searches.

Ima resigned from this majestic fleet as for now, it is sad leaving but im not really a risk trader just want cari makan a bit. I shall join the fleet soon after the super mega bosses OPEC decides our destiny!!

Short term trading depends alot on speculations so chill lo mikecy, even PN17 company in uptrend sometimes lol.

PS this is not a call to buy/sell. Just expressing my opinion. Trade with caution, read the news n trend. Ganbatte!

US stock market trend in favour to oil stocks at the moment I am writing this, with Oil prices in uptrend now WTI/Brent I am guessing there might be a strong rally with our oil stocks tomorrow

US oil stocks rally uptrend at the moment, according to OilPrices.com Brent/WTI prices is up around 1% due to OPEC members takin diplomatic stances over their disagreement early this week, I just wish no stupid news comin out tomorrow like yesterday... Cmon oil ganbatte!!!

Oil mineral market uptrend now.. Well hope continues til tomorrow

This company made myr4 billion in revenue this year, only reason y the price declining was due to recent pandemic. I doubt it goin down to 0.4..

Last night market for oil mineral was up but reversing at the sudden due to such news.

I took my word back, it is going to be downtrend due to US to increase further their production. But this is not the end, lets see how OPEC gonna be tomorrow.

US market is having another positive rally today with energy Minerals among that leading them, hope the same for our market tomorrow!!!!

Investing.com are expecting OPEC to continue halting increases of production for few more months. Hope it is what it is. Might be oil rally tomorrow?? Thought??