PMX has to show something different to walk the talk. Most likely 2nd network in 2024 is true, eager to know how the market will react , make or break today.

Ya very lonely forum :) , this will take a while but good sign to confirm, they need funding on the expected growth in tower infrastructure if dual network is expected to materialize next year. Either way OCK business will be positive. Will read up the article.

DNB review will be tabled today. News by Reuter is already out , most likely DNB will continue, and 2nd network to be launch only early next year to increase competition. Infrastructure has to be plan out first.

total short selling position went up to 0.2 from 0.16% , historically can go up to~ 0.22 before it sizzles back down. Might go below 9 if no buying support.

At least more volume seen, shorts follow by heavy purchase...for the last few days...thus the hammer candle seen. Might be similar pattern today.

Ya, good observation @qcmboy, the bear is getting weaker and the bull is about to engage. It has been a long wait ....

Many continues to rant KLSE never protects investors, already put it to PN17 still hot, gamblers will be gamblers, some win some will loose. You make a choice going from 0.05 to 0.07 or 0.05 to 0.03?

Emir Oil , Kazachztan oil field cannot break even for the last 10 years , the debt conversion is due to the fact that interest rate still has room to rise . To think that opec cuts is positive is wishful thinking. Short term shock results in the oil price increase, long them fact is the OPEC+ inventory is seeing a 10% increase since FEB. Meaning demand is not as high as expected. China is demand might be increasing but it has its own stock pile reserves and it chooses to get it from Russia mainly at a lower price. Remember to Reach , oil is not making money yet but equity share holders money is easier to accumulate. Some one needs to look at its breakeven potential and their PN17 recovery reports. Until then gamblers know when to walk away or to run. Good luck

Reach being in the red since inception, any promise of turn around depends on the any major potential oil find or efficiency in Kazakhstan contracted area. So far can't see any . It has not been making money since 2014, even at 2018 when oil price slightly recovered. This business are based on other peoples money to keep going. Good gamble?

First upgrade on telco business by KENANGA to overweight. More to come ! SWN or DWN as long as things are efficiency monitored and consistent will be good for the sector. Don't missed it

Expect more selling pressure as last 3 trading days of 80 mil shares transaction. How long can they hold ? Or will they cut lost?

Could be a good gamble below 4 cents

Opportunity or stay away?

Opec cuts production and oil price shoots up. Opec reacted as biden openly mention US will not refilled their strategic reserves and China demand of extra 1 mil a day is not happening. Will mean FEDs will need to prolong interest hike to cool inflation and reduce demand/consumption. On the flip site oil price increase means less money will be put into the economy as people will spend more at the pump station, thus core inflation is better controlled. Money to flow to oil rich countries vs those net importer. Economist is trying hard to predict global economies by looking at where the money will flow during the recovery. Simply says, put your money in oil or the banks. (petrol dollar vs us dollar). So malaysia tends to win if petrol dollar wins. Anyway TNB wins if malaysia GDP continue to be stable.

unexpected cut by OPEC, still going on strong for BAB. Opec cut it because China is not buying as much as expected. What is expected earlier is china will recovered by extra 1 mil bpd. This is not happening and opec reacted. Did not expect OPEC to cut so soon. Still very volatile. Good luck all !

DNB decision will be out next week. Expected single wholesale to be replace with dual wholesale network. Expect 5G roll out cost projection to be reduce allowing MNO EPS to be increase. We have to look at the numbers but you can confirm and up grade to the sectors

Ooh gravestone doji, need to get confirmation next week . happy trading

Miss the swing, will have to come again another day.

Glad the SVB /Swiss credit financial issue did not escalate further to be a global credit issue. Still volatile but less risk now. Tenaga should hold well . Dollar index going down again and if oil price maintains around 75-80 will help global inflation . US FED tightening will end soon in another 3-6 months at least with one more rate hike. Bank negara expect to raise another 0.25 within the next few months. Hope to see clear sky ahead :)

@LadyRepins, all about risk management, going from 60 -70c is probable so is 60 cents going back to 50c. Going in now will be gambling :) if it does not reduce further , so be it. Never chase high . Armada is highly speculative now.

https://soyacincau.com/2023/02/25/malaysia-now-aims-to-achieve-80-5g-population-coverage-one-year-ahead-of-dnbs-schedule/
Will this happen? Good article and we can only hope for the best .

next support level 0.575 (weak) and 2nd 0.540 (stronger)

Remember US is always the main market maker on oil price, They will fill up their strategic reserves (SPR) below WTI 70s and this will take at least a month or two. Need to monitor this as will be the basis of the oil price increase. The demand is always there, US is the biggest speculator and will never loose. We cannot predict the timing but relatively oil price will continue to rise as demand is still there. Armada fundamentals are still there but to chase beyond 0.70 is foolish and risky and control by speculators. Those who wish to hold have to wait until the next speculative round. No worries as the fundamental is still there. Those on side ways trading , eyes need to be wide open. Good luck.

If major support easily broken today, 0.6/0.595 better wait and see as big funds are moving away.

Opportunity or stay away? Will Pharma niaga loose its monopoly with current administration?

0.62 support broken, next level 0.60 and 0.55, Can buy in between?

Genco IPO process already started, will take 1-2 years 2024 earliest based on last year reports.

DNB ceo resign. I predict they are going for a dual wholesale network. And use infrastructure competition to driving innovation . SWN will reduce competition and focus on services. Infrastructure is key long term in any country. OCK wins if this happens

Resistance at 0.62, strong support at 0.55. Good luck for a quick buck

Another red sea today? Banking will take a hit today. Recession proof stocks should weather it better. Coal price continue to drop to nearly 60% from peak mid 2022. Oil price drop inverse with us dollar index. I strongly believe will not be a contagion similar to Lehman Brothers. The big banks are now very regulated including in malaysia. However confidence is shaken and people will move to less risky financial assets like treasury bonds which short term yield is more then the long term. (inverted yield curve) . I will wait and see how the market moves and how bad the banks gets hit. Hang on tight. Infrastructure and utilities will be able to weather this better. Oil stocks and banks will take the hit . US SPR will start the stock up the inventory and expect oil price to stagnant at WTI 70s for while. If you plan to swing trade not too late.

Another red sea today? Banking will take a hit today. Recession proof stocks should weather it better. Coal price continue to drop to nearly 60% from peak mid 2022. Oil price drop inverse with us dollar index. I strongly believe will not be a contagion similar to Lehman Brothers. The big banks are now very regulated including in malaysia. However confidence is shaken and people will move to less risky financial assets like treasury bonds which short term yield is more then the long term. (inverted yield curve) . I will wait and see how the market moves and how bad the banks gets hit. Hang on tight. Infrastructure and utilities will be able to weather this better. Oil stocks and banks will take the hit .

Another red sea today? Banking will take a hit today. Recession proof stocks should weather it better. Coal price continue to drop to nearly 60% from peak mid 2022. Oil price drop inverse with us dollar index. I strongly believe will not be a contagion similar to Lehman Brothers. The big banks are now very regulated including in malaysia. However confidence is shaken and people will move to less risky financial assets like treasury bonds which short term yield is more then the long term. (inverted yield curve) . I will wait and see how the market moves and how bad the banks gets hit. Hang on tight

Let the banking scare settle first, before the next run.

Should test 0.44 resistance next 2 weeks. US dollar index has stabilized, hope to see better KLSE performance, else everyone will just look and see.

I am done with 50% run up from 0.40 c. Time to look elsewhere

Lift off in the afternoon :)

Will break 0.42 resistance soon. Expect more speculation and interest coming in

When we get worried about our investment's decision, we tend to research more ! But with TNB a strong barometer for the KLSE and country economy, I am lest worried. This week we will know if Bank Negara will raise interest rates or hold it till the next meeting. With USD strengthening again, hopefully they will react faster. We have to monitor the dollar index to see where the money will flow and also oil prices seems to benefit MYR. Anyway most analyst project USD to weakened by 2nd half of the year. China opening will also help in this as a top trading partner. Slow and steady my dear friend. KLSE is not so easy to make money anymore, I was hoping for a better days ahead, but still no sign of the bull.

Price is stagnant until the DNB review as announce by PMX, no IB can park the money here if no solid commitment from DNB that their model is for the best of the Telcommunications long term profitability and efficiency. If you want anything to be inefficient, just ask the government to owned it. I personally don't think they will screw it up this time.

I was a bit concern on the tues start of short due to no buying power, support the 48K translate to 30 cents drop. But the buying support did come in. I think fundamentals are too strong will be foolish to short it further and reach its real value/TP. Its the macro economy that is jittery at the moment impacting the big funds.

Have to wait for the DNB review and the telco to happily accept it, especially maxis. I invested in maxis and decided to sell off when they created DNB. 5G plan during Gobind Singh was very well accepted until the collapse of PH in 2018 :( Hopefully the politician don't screw again, then we will do well. Good luck !

Shorts are active again, since yesterday not much ~50K shares were shorted, today will continue now at 0.17% net short position. How low will it go until the dividend ex date. Usually they will need to cover the shorts to prevent the 0.26 div payment unless it is too lucrative to short it down further. Longer wait :(

Qtrly out, well manage company current ratio at 1.5 , liabilities are reducing. Revenue and PAT is increasing . Expert more focus on 5G and its infrastructure within march as everyone is waiting for this DNB review. All in all nothing change for OCK, only the spotlight . Don't miss the boat

All in all the major IB analyst are not bashing the stock. To me just retailers are selling and a correction before it move ups further. This quarter does not define the long term prospects of TNB. Good news is no more cukai makmur, no more EPF 3.0 withdrawal, coal price continue to reduce, ICPT payments seems more predictable. It seems dividend is irrelevant at this point of time.

Thanks TTV. The market is punishing the stock base on this quarterly. They need clarify the accounting principles to the investors. By right receivables paid should part of the credit to the accounts receivable and no impact to revenue

btw, how did the revenue drop so much qtr to qtr? As I only see a ~3% drop on the electricity demand qtr to qtr. It looks like we were in lock down in Q4 :(

The only thing troubling me is the receivables increase from 22.8 Bil from 10.5 bil in 2021. I don't see the paid receivables in the cash flow. Current assets balloon from 27Bil to 45 bil in2022. The total equity of 61 bil looks promising but receivables is still annoying. Have the ICPT being paid up as earlier agreed, i am not very sure as not really visible at the moment. Have to wait for the professional to dig this.

Expect quarterly revenue to be flat or lower compare to Q3 based on the net energy demand on TNB website. Just a rough comparison Q3 Vs Q4 , slight drop of ~10MWH daily demand especially in Dec 2022. But they will reduce operating costs by spinning less as the load factor remains the healthy. Anyway, i suspect if no extra taxation the PAT should improve slightly and also govt ICPT receivables payment should be healthy. IPP generation revenue of both YTL power and Malakoff turns out to be stellar. How will TNB fair? Eager to find out if ... Good luck fellow prospectors.

Expert another round of USD strengthening and wti oil price hover around USD70 for the SPR to buy back. At least a few weeks. US market should go side ways with a few bear market rallies . This cycle should continue until at least 3rd qtr. So sideways trading strategy applies.

The DNB review will complete by March, based on current political will, you can bad they will revamp the current single whole sale network by DNB will be split out to allow better competition and potential infrastructure sharing by all providers similar to 4g before. Cell site and infrastructure development has to continue with current 5G penetraion at only 38% (DNB declare 50% but retracted). Bare in mind OCK and Edotco will both benefit from this stalemate, once the review is announced. To go from 38% to 80% 5g expect huge investment in infrastructure and services. One more month to join the fun. Good luck anything below 0.40 is a good deal. Good luck