Contra players too profit. Road is clear now

Who got shaken off?

Volume 10.6 surpassed last Friday

Explain the ferocious buying ...

Maybe also free warrants...also no cash outflow

Rational liar 2nd round goring not easy, many waiting to sell. But why what if there is a bonus issue,much easier to drive up share

Starting to make sense

No cash outflow in bonus. Sensible reward. Beside its tough for RM 20 share being fully valued

Low dividends....give bonus shares...make sense

Then maybe bonus is coming...haha

Possibility of bonus issue @AGM in May?

Tomorrow panic buy.....next week uptrend starts

5.0 million volume. Made it

It's hammer time

Last hour...Shorties urgently need to cover position

If beat yesterdays 5.7 millions, good times are here

800k to 5 million....

Unless a global recession, its only temporary. Hence our good operator is giving us opportunity to enter cheap again.
Just need to ride it out till May

If you right probability, then there would glitch in earnings, let say 1 quarter no profit at all, a loss is stretching it.
3 quarters of profit gives Eps of 183. Pe5 equals 9.15
This is not even taking into account the new mgas facility dunno g by 3 Q

Better say thank you to the operator

Operator doing a favor for letting us buy cheap. Crude oil can only go up

Think its temporary. US deserves it for trying to bully China. It would probably end up in a negotiated agreement

Even at PE 3, that 7.32....rational behavior dictates..crack spread was stable last 3 months plus inventory gains due to higher crude oil prices

Actually taking into account annualised last Q Eps 61 cents equals 2.44. Attaching a very prudent PE of 5, that's 12.20...Might not be as good as 2017 but 2019 will good too.
At this price, its worth a bet

Oil palm might benefit as Soy bean becomes more expensive. Furniture might suffer as it might be a reexport item. So will Solar cells.

Steel and aluminium prices might drop as supply increases. Those using it as raw materials might benefit

What else?

China vs USA

What's the domino effect?
What are we supplying to China that is reexport to USA?

Like a conspiracy no wonder midcap no volume all waiting to sell down

Back to 10 cents

Hero share

Revenue growth but some depreciation...next Q should be good

Nothing wrong. Common as per industry. Cheap now

Time to buy again for coming QR. Should improve with rising oil prices

If he doesn't buy the share won't move at all..haha

Privatized?

3iii, old report dated May ...not valid any more with current oil price

No support from FMs now, pdts will slaughter daily until value and demand appears. With no foreseeable profit in 2018, where's the bottom.

Huge debt plus impairment cost make this an easy fish to slaughter. Who cares wins?

Pdts will win this war on fear factors, how many will hold when shares break 70...then 60.....
Scorched earth

No rebound...incredible, margin calls and cut loss will make it head for 50 to 60 cents

Maybe egm coming up only...prop up shares

Since when analysts price target is hit? It will be a gradual sink

But look at the Eps, maybe will gain traction in after the Dec results...

Next week will start the train...vroom vroom

Guess that's the reason it won't go over 80 and there was a large distribution when the results came out. Possibly revisiting 70 then....

This QR includes a whopping 73 mil gain on disposal otherwise it could have been one dismay QR. Next QR expected to be poorer due to seasonality, so it does not look bright!

What's the probability of Erin Energy terminating Kraken?

@PE 10 because of the risk, its 80 cents

All fspo factored in, including sale...indicate future Q earnings to be as such ?

Kraken already factored in...not impressive. Mediocre

Almost 10% of capital

So high volume, possibly distribution

Or sold but not reported yet