http://www.chinapress.com.my/?p=1470610

So many cheap stock out there, no need to chase high like revenue

An apple a day, keep the stock away

Currently Roti canai is more expensive than stock price

Window dressing

bad news is over, tomorrow rebound back

mr Tariff Man tweets again, call player smile again

Mr Tariff Man tweets again

oil soaring

https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUSKCN1NY2HG

G20 members struggle for agreements ahead of Argentina summit

use percentage then you can see the difference dy

sure is good announcement

3.0 break. finally

fake bus 3.00 will disappear after lunch

https://finance.yahoo.com/news/opec-expected-cut-oil-production-114738292.html

hs on concern that booming U.S. shale production and faltering demand -- combined with unprecedented output from the Saudis and Russia -- will trigger a new surplus next year. The Organization of Petroleum Exporting Countries and its partners will meet in Vienna.

“We anticipate that Saudi Arabia and OPEC will cut crude supply by 1 million barrels a day or more at the upcoming meeting,” said Mike Wittner, head of oil-market research at Societe Generale SA in New York. “This will be necessary to avoid severe oversupply in 2019.”

Ask Julian Lee questions in our OPEC Q

suggest pokemon. Pikachuuuuuuu, i choose you

no volume

2moro bound back to 3.2

But no volume

KUALA LUMPUR (Nov 27): Hong Leong IB Research (HLIB Research) has maintained its "neutral' rating in on the gaming sector and said the pulling out of Walt Disney Co and Twenty First Century Fox Inc from Genting Malaysia Bhd's (GenM) Twentieth Century Fox World theme park will deter potential growth.

However, the research house said the impact is less severe than the hike in gaming tax as non-gaming revenue (from Resorts World Genting) accounts only 10% to 15% of GenM's and 4% to 8% of Genting Bhd's total revenue.

In a sector update today, HLIP Research said it opines that the theme park will still proceed, possibly under a different brand, as Disney is only the licensor.

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"We are of the view that the theme park will eventually [be rolled out] despite the ongoing tussle with Disney as GenM is still the asset owner while Disney is only the licensor," said the research house, adding that this, however, will likely fall out of its forecast horizon.

It said that in the worst case scenario, it may involve rebranding exercise (other theme park brand or own brand) and that would incur additional capex on the redesigning of themes and rides.

"We upgrade GenM to 'hold' with lower SOP-derived target price of RM3.41 ([from] RM4.01) given the share price plunge.

"We maintain 'hold' on Genting with lower SOP-derived target price of RM7.18 (from RM7.51). Maintain 'neutral' on the (gaming) sector," the research house said.

At the midday break today, GenM lost 14.72% or 53 sen to RM3.07, while Genting fell 6.52% or 45 sen to RM6.45.

（吉隆坡24日讯）达业集团（TATGIAP，5178，主板工业股）因迎来新大股东，建议更名至Dynaciate集团有限公司，以更明确反映出集团未来业务发展。

达业集团发出文告指出，Dynaciate工程私人有限公司本月初通过直接交易，以每股31仙的价位，收购达业集团2210万股，以12.95%股权成为大股东。

该集团业务也将从钢铁产品制造，到油气和炼油厂房的工程和兴建、化学和化学品、油脂化学品，以及制药和食品加工业。

达业集团执行董事、Dynaciate工程董事经理邱松兴指出，Dynaciate工程目前手持1亿7000万令吉的订单。

目前也正竞标6亿9000万令吉的项目，有信心能成功取得当中的15%。

“Dynaciate工程业务的周转时间短，因此更容易实现营业额和盈利。展望未来，我们将会逐步鉴定和选择

anyone know when QR is out?

ABU DHABI (Reuters) - When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude exports from Iran, Riyadh swiftly told Washington it would do so.

But Saudi Arabia did not receive advance warning when Trump made a U-turn by offering generous waivers that are keeping more Iranian crude in the market instead of driving exports from Riyadh's arch-rival down to zero, OPEC and industry sources say.Angered by the U.S. move that has raised worries about over supply, Saudi Arabia is now considering cutting output with OPEC and its allies by about 1.4 million barrels per day (bpd) or 1.5 percent of global supply, sources told Reuters this week.

"The Saudis are very angry at Trump. They don't trust him any more and feel very strongly about a cut. They had no heads-up about the waivers," said one senior source briefed on Saudi energy policies.

Washington has said the waivers are a temporary concession to allies that imported Iranian crude and might have struggled to find other supplies quickly when U.S. sanctions were imposed on Nov. 4.

U.S. Secretary of State Mike Pompeo said on Nov. 5 that cutting Iranian exports "to zero immediately" would have shocked the market. "I don't want to lift oil prices," he said.

A U.S. source with knowledge of the matter said: "The Saudis were going to be angry either way with the waivers, pre-briefed or even after the announcement."

A U.S. State Department official said: "We don’t discuss diplomatic communications."

The U.S. shift toward offering waivers adds to tension between the United States and Saudi Arabia, as Washington pushes for Riyadh to shed full light on the murder of Saudi journalist Jamal Khashoggi in the Saudi consulate in Turkey.

"The Saudis feel they were completely snookered by Trump. They did everything to raise supplies assuming Washington would push for very harsh Iranian sanctions. And they didn't get any heads up from the U.S. that Iran will get softer sanctions," said a second source briefed on Saudi oil thinking.

Saudi energy ministry did not respond to a Reuters request for comment.

Since the summer, Riyadh has led the Organization of the Petroleum Exporting Countries, Russia and other producers to hike supplies by over 1 million bpd to keep a lid on prices as U.S. sanctions were imposed.

Brent oil had surged above $86 a barrel in October on tight supply worries, but prices have since slid to $66 on concerns about oversupply.

UNEXPECTED WAIVERS

Trump had wanted lower oil prices before the U.S. midterm elections earlier this month. Washington gave waivers in November to eight buyers to purchase Iranian oil for 180 days. This was more waivers than were initially expected.

Saudi Crown Prince Mohammed bin Salman, a key Trump administration ally, wants prices at $80 or more for his economic reforms, sources familiar with Saudi thinking say.

"The waivers were totally unexpected, especially after calls to raise output. A few people are upset," said a senior Gulf oil source familiar with the discussions among OPEC and its allies on output policy.

While the United States set a time limit for the waivers, it did not tell the eight recipients how much oil they could buy and has not eased payment restrictions, complicating purchases.

Iran's oil exports are expected to drop sharply to about 1 million bpd in November from a peak of 2.8 million bpd earlier this year. Although output is expected to recover from December thanks to waivers, it is still not clear by how much.

Riyadh's concern is to avoid the kind of oversupply in the market that led to a price collapse in 2014 to below $30.

But the lack of clarity about the level of Iran's supplies makes it tough for Saudi Arabia to work out appropriate production levels, especially after Russia raised output steeply in recent months and has said it wanted to produce more in 2019.

Saudi Arabia would need to convince Russia to join in any move for new supply cuts.

"First the Saudis let oil prices rise to $86 per barrel and then flooded the market. Can they now cut back enough going into a seasonally weak time of the year? Without Russia it won't be credible," said Gary Ross, CEO of Black Gold investors.

Saudi Arabia must also contend with rising U.S. production that has hit record levels above 11 million bpd and is set to climb further next year. U.S. exports could surge from the second part of 2019 when new pipeline infrastructure opens.

Rapidan Energy Group said it saw a supply glut now lasting much more than just a few months in 2019.

"Now that the market has correctly priced weaker-than-anticipated Iran sanctions and much bigger inventory builds next year, we wish to emphasize that 'OPEC plus' officials face more than a single-year supply tsunami in 2019," Rapidan said.

(Additional reporting by Timothy Gardnera and Humeyra Pamuk in Washington; Writing by Dmitry Zhdannikov; Editing by Edmund Blair)

most troublesome counter

2moro queue at RM1.50

trump one tweet, oil drop 5%. haizzzz

oil coming back!! hopefully trump shut up his mouth

brent oil now 70

brent oil now 70

ABU DHABI (Reuters) - A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday.

“Many of us share this view,” the minister said when asked about the need for a cut. Asked if it could amount to 500,000 or one million barrels per day, he replied: “I think it is unfair for me to throw numbers now.”

He was speaking in Abu Dhabi where an oil market monitoring committee was held on Sunday, attended by top exporters Saudi Arabia and Russia.

"We need a consensus," he said, indicating that non-OPEC Russia would need to approve any decision. Oman is also not a member of the Organization of the Petroleum Exporting Countries.

Saudi Arabia is discussing a proposal to cut oil output by up to 1 million barrels per day by OPEC and its allies, two sources close to the discussions told Reuters on Sunday.

kick the oil up!!!!

all support lcw counter

QR coming, sellers keep it tigh2

this Dato Lee Chong Wei counter will up how much on Monday?

cut cut cut, oil up up up

KUALA LUMPUR (Nov 9): Tatt Giap Group Bhd said the sharp rise in the price and volume of its shares earlier this afternoon could be due to the emergence of new substantial shareholders, namely Dynaciate Engineering Sdn Bhd, Khoo Song Heng and Woon Kok Kee.

Apart from the new shareholders which it announced in a reply to Bursa today, it said subsisting interest in the group's four letters of award worth RM67 million which were issued to its unit, Superinox Pipe Industry Sdn Bhd a week ago, could have prompted the interest in its shares.

On Oct 31 the group was awarded the four contracts worth a combined RM67 million from Dynaciate Engineering — now a new substantial shareholder — to  undertake various sub-contracting works.

Other than this, the group said it is not aware of any corporate developments relating to its business, nor any rumour or report concerning Tatt Giap.

Earlier this afternoon, Bursa Malaysia issued an unusual market activity (UMA) query on its sharp rise in price and volume.

Tatt Giap closed unchanged today at 21 sen, with 29.88 million shares done.

Tut tut

just wait for this sunday OPEC-Russian meeting, oil price sure up one. no worries

Sohai spotted

suddenly huge volume again

contract tanam pisang

1 lot=100 unit

oil flying

Reach Energy Bhd wants to prove it is a serious player in the oil and gas industry. Founded in 2013, the company is the “new kid on the block,” but it has been making headlines after securing approval for a 15-month trial production run in the North Kariman field in Kazakhstan through its producing asset Emir Oil.

More recently, Reach Energy announced that an exploration well in the Yessen field, also in Kazakhstan and one of the discovered oilfields that is part of the Emir Oil contract block, has yielded positive results during the initial testing phase.

This development is expected to positively impact Reach Energy’s reserves, which currently stand at 81 million barrels.

But despite the good tidings, coupled with a surge in share price, Reach Energy CEO Shahul Hamid Mohd Ismail is adopting a cautious approach to future acquisitions and expansion.

“I don’t want to go to the market saying that I have signed a deal in the North Sea or Gulf of Mexico with some (offshore) exploration firm because this is not good for a smaller company (like Reach Energy),” he tells FocusM.

ekovest waking up

come on reach!!! dun lose to layhong

reach pecut!!!

many reach supporter. happy to see. hehehehehe