Cash rich long term trader noneed panic one. Just average down lor. Example buy now 1000 lot at 0.46 ltr if go up then congrats , if outcome not good crash to 0.2 average down another 1000lot then average price become 0.33, ltr if sentiment still not good then average down again and collect more then wait for a year or two confirm oil price will go up,unless other energy replace oil (that hardly happen shortly). But for newbie that have not much cash just don’t gamble

It’s not about cut or not cut. It’s about the demand. With current lockdown of many country. The usage of oil is shrinking. Many country just started to lockdown in mid-end March . Country like china need brutal lockdown for nearly two month to smooth the curve, how long u think other country like euro, us, India needs? These country are at the top list of oil consumption. Forecast demand will shrink more than 20m barrels per day . So if the cut really happen, Maby will save oil market for a while until people realize the demand shock.“Saudi and Russia agree to cut if others agree to cut too” P.s us shale are not on the same page of cutting production. If not, why don’t Saudi and Russia just stay like this bcos with just Russia and Saudi cut the oil demand will still shrink and moreover they will lost market share that hard to get back in the future. The ultimate solution will be all oil production country agree to cut together that unlikely happen. For newbie in o

Just remember the current oil price crash is bcos world consumption/demand gone. if 10-15mbpd really happen(but hard to happen), it will help for a short time. U think the first us shale company that declare bankruptcy is due to the 10days oil price crash? Focus on the pandemic curve,vaccine or medicine that cure this disease . Trade wise and don’t gamble in stock, u won’t be as fast as trum’s boys that can position and push the oil price up 10min before he tweet

Actually it’s a chain reaction of this pandemic. Oil production already cut on end of last year to early of this year but it didn’t help with the oil price. No country will willing to cut oil production in current economy situation (economy wise or the costing of restart drilling will be a huge amount). demand will still eventually become lower in these few month due to the economy cause by pandemic ( airplane can’t fly , business close shop , factory close and etc) less using of oil. Many country had already facing huge unemployment(US already around 10mil ppl). So this chain reaction will continue to worsen until the pandemic curve flatten. But for short term gain it’s quite nice, I already exit today. For newbie actually don’t be sad, Maby some will regret didn’t buy as it’s almost 100% gain. But think of yourself will u all in when hibi goes to 0.25? Up down 5 cents is 1x%, can u manage if it goes lower? Or if u really manage to buy little bit on 0.25 and u know the situation of oil price will get better and when price goes up u will still buy more and more, then the average price will still goes up too. My advice is Just grab the second chance(if there is) and accumulate averagely using ur “spare cash” and wait for few years and confirm u can see hibi bring u few hundred percent when oil price goes up. For mean time just read more article or news regarding oil price and follow up pandemic daily update. I know someone that make fortune just trading hibi. Chill and u will get your turn , oil price will still goes up and down in the future but u have to understand how oil price works and how they maintain/manipulate oil price. Above is just my 2cents posting.

i think negative interest rate or unlimited QE wont help much in this situation. its not people do not want to spend money. its the virus that make people afraid or can't go out to spend the money.

Just average down and until covid19 worldwide curve start to flatten then all in. But hope covid curve flatten soon or it will be disaster for worldwide economy . But I Think US need long time to flatten cos until now still have no proactive action from their gov. Just follow up covid daily progress and impact on economy. If the economy hurt very bad by covid , then another round deep recession will come soon. US failed in previous economy policy(lower interest rate until 0 and etc) since this outbreak start and i think unlimited QE are their last try. If QE still didn’t work then good luck. US estimated around 100-250k mortality rates cause by covid in US, so the positive case still not reach peak yet in US.

Oil price war won’t end so soon. Russia prepared for this, previous oil price war atleast 12month long. This time i think they are trying to weaken shale oil worldwide market share. Russia is clever to choose current pandemic to start this oil war.

Just follow up daily covid worldwide update. Buy when the worldwide curve start to flatten or vaccine ready or they started to mass virus testing. Unlimited QE will have good impact if the curve flatten soon , but if the curve keep rising unlimited QE will become another black swan.

short selling suspended until 30/03/20

hope this weekend no shocking news....lol

Depend on 3pm economy policy

friday got announcement on economy

For short term trader beware of the current situation. The reason the market start to rebound is because USA federal unlimited treasury purchase plan and Malaysia had suspended short selling. So for short term trader just beware but can still make some fruitful profit from current situation.
For mid term trader atleast wait until the next 1 or 2 QR
For long term trader , who cares, just hold and buy more on every dips.
Suggest to read more article of epidemic vs economy or related articles in this situation .
This epidemic need worldwide cooperation to break the chain of infection. Malaysia are doing a good job in breaking the chain while there are still low cases. Some expert say that some western country Maby need 4 months lock down to break the chain as the virus already spread widely.

masterus the possibilities for it to drop to rm1.5 or even rm1 is there . but who knows? are currently just the early stage of sell down? or it is at the middle stage? end stage? nobody knows. if u like genting malaysia business model or the dividend, just separate ur total "spare cash" to few portion and average down everytime it drop to dip. but currently genm already trading below its nav or nta. if it can drop to 1.5 or 1 it will be best.....meaning with current dividend rougly 0.19 cent we can get over 10% interest every year in the future.

for me myeg is a good counter with strong fundamental. but if ur losing money and dont have more capital or dont know where myeg is heading, just sell it and wait until the price to stable 1st. like ts wong say, dont know whether this is start or end of foreign fund selling. but if u got capital just average down. dont be sad if the price didnt stable at the lowest point , just remember nobody can accurately buy at the lowest price. mid to long term investor.

100k big lot bought at 1.2 so far

50k lot buy on 1.2.....grab yours before it rebound

y drop so little....i want to average down more

I think budget 2020 will see some tax revise . Cos genm help gov to buy the equanimity. U help me ,I help u.

Bangla business gone , Malaysia business gone last year, myeg still improve and doing better, wht else u expect?

good qr result

with its business size and market worth, i think its pe are slightly lower than same industry. i think it will go back to atleast 10 pe above

its good in next 5 years...but currently the share price will still drop until further qr benefit from it

yeah, bimb pe still high compare to same industry

good result for bimb

yeah i think so...cos all huge amount...per transacition 150k above

who buy so much genm just now

Maby institution are pressing the price down so they can collect at cheaper price . Sometime stock price up and down without reason. But good company just buy and hold.

Dayang qr report should be good as Perdana qr improve a lot

But tomorrow still can see many ppl sell Perdana and buy Dayang .

i think will not beat last qr but atleast will have 200m+

the price are quite weird today .... when closing period around 4.45 the price suddenly gap drop from 4.02 to 3.97. maby they want more people to sell share to them tomorrow as rm4 support had breach.

2019 estimate 4b revenue, 460m net profit......now 2nd qr already half pass the 4b revenue and net profit. with those order books on hand. i think 2019 serba will do better than the forecast

already new high, no resistant upon. maby rm4.5 or rm5 round number

actually its not gg . the price are roughly there align with the qr. but tomorrow surely will have huge seller . swift to dayang i think.

every qr is a new record of profit...

2019 2018

Revenue 1,138,621,000 804,129,000
PreTax Profit 143,842,000 109,167,000
Net Profit 130,444,000 102,738,000
Earnings Per Share 8.88 Sen 7.00 Sen
Dividend 2.70 Sen 2.15 Sen

perdana

pernada revenue 62,842k p/l -5,440k

today selling pressure very strong

epf had been acquiring since end of last month......maby epf know more about TM than others

mashpee impairment settle? continue use fox name?

what happen to genm? suddenly 3.12

Telekom Malaysia May Face Earnings Pressure: UOB KH -- Market Talk

Telekom Malaysia's earnings are likely to be pressured by continued price erosion of its UniFi product and rising capital expenditure to phase out its copper network, UOB Kay Hian says. The broker downgrades the fixed-line operator to sell from hold, and cuts its target price to MYR3.60 from MYR3.80. It adds that the stock has gained more than 50% year to date and earnings recovery has largely been priced in. UOB Kay Hian also forecasts a drop in Telekom Malaysia's dividend yield to 3.5% in 2020. Shares are 0.5% lower at MYR4.08.

how u guys think? i have different opinion with uob kh

fund manager got protocols for buy and sell, and there are 100+ fund that manage by diff fund manager, thats y u can see in the same day single stock can in and out by same investing firm e.g epf and etc. its diff fund manager decision.

I hope it’s technical rebound , so I can collect more with lower price. But with 6x% buy and 3x% sell I don’t think it’s technical rebound. Maby will see lot of seller tomorrow, but price will still roughly same. It’s Friday what, many ppl don’t want to hold for weekend. Lol

another question need to be thinking is that y at this moment? y just after good news of foxs law suit? what is LKT playing? if really selling the business for own pocket money, its only few hundred mil, but after this news genting value shrunk few billion. do u think LKT and his own family share worth shrunk less than the own pocket money few hundred mil? and how bout the hk cruise case? Maby something big is gonna happen, mashpee? continue to use fox name? empire start to make profit? bet 365?

whether afternoon session will rebounce? nobody knows. btw if ur interesting in genm business u should also go and read report and news of empire, what is their business? how is their business doing? is there any potential? for me i think its good news, i am worry about genm business before this due to growth factor. like what orion said, Hav u ever heard handsome profit acquired by others before?

the most buyer range is 15k-50k group. almost 40k lot, next is 50k-100k group, roughly 25k lot. then >150k group 20k lot. the least is kacang putih group <15k , roughly 17k lot

if i can post picture i can let u see the buying selling sentiment. its 64.2 B vs 35.8 S currently.