nice chart.. operator luring retailer to jump in?

goldman forecast brent will be usd65 by summer (mar), since goldman has correctly predict prev cycle, i have trust on them

as you can see, the oil chart continue uptrend, that should give you idea what will be coming by mid to end year i.e. oil and gas will be coming back

volatility is the journey, opportunity for trader... for investor, destination is important

when i bought at 3.20 b4 qtr out, the signal came earlier when petdag and petron result out

this time we can do the prediction again next month, while waiting that, enjoy the roller coaster ride :

next week market will have another pressure, lets see if price can sustain

great ! uptrend continue

good closing for today, tomorrow target rm6

i wanna sell son .24, pls go faster, too slow

if you are trader, now is the time to enter and sell when it near to resistance or oversold

if you are an investor, buy now and keep till end year when 60-70% vaccination done and show lower covid case

i do believe oil can reach usd65 this year as projected by goldman

if short trade, see money take money, i prefer to wait at resistance or only sell when it >2.60

might reach resistance and might not, so have to make up your mind

just enter follow TA, green candle after bottom out, reversal trend should sustain with the rise in oil price

not sure if coming qtr will back to profit but jun’21 liftboard vahana arjun will be completed

hope arjun can secure contracts too at middle east with the recovery sign of o&g sector

oil price >50usd good for arabs oil company, they can spend more money especially UAE where sendai play

join the club, q .255 cannot get so i bought .26 x 200 lots test market

if drop, ave down at .24

market wise, very volatile, business wise very strong, so everytime it down, will uptrend back, need to have capital power to ave down and hold

if your ep is below 2.10, just switch off your acc and see it back in mar (unless market gap down)

it will touch the ATH again

buy on weakness was when you bought yday and few days back and sell on strenght start from today

only those with brave heart ignore the typical “dont catch the falling knife!” and collect when people fear

and those brave (confident with what they are buying) now sitting on profit while drink coffee watch the profit grows

cheers !

after hard fight couple weeks ago, now with ave 5.35, im seing 4 figure profit

thanks HY, still holding for next tp rm6

both HY and Petron up, end Feb HY >rm7 and Petron >rm6, what you need is patience

if you want to short trade, sell at strenght and hope it will drop back later, but might missed upside if it continue up

your own choice

apple has cut loss and fear buy back, afraid it will drop

i have said many many times, next 2 qtrs will be superb earnings for petron and for sure will get >20c div

when market down, its time to collect not to sell

this year will consistent 40-50m profit, what to worry, if drop lower collect, dont mad, when market rebound it will rebound too

short tp 2.25 this week

20c profit coming soon

those sold and yet to buy, dont wait until it hit 5.0 again only to enter

next coming weeks retail price for petrol/diesel will increase again, refinery profit will be higher whole Jan’21

then just monitor Feb and Mar price, if good means Jan-Mar’21 earnings (qr releaese in May’21) also will be good

im collecting 5.0 and 5.05 today, my 3rd inception ave 5.35

1st inception was 3.20 got 5 figure profit and second earn few Ks.

this time will only sell above 6.0

as long as chart going uptrend, just hold until trend change, it must stay above support 2.41 before hit next tp 2.80

but market very volatile now, if this week can hit 2.6, im happy to sell some and keep some for 2.7-2.8

TA people wont buy when downtrend, investor will buy and collect when have discount

when it hit 2.7, many sigh didnt buy when low, now already low, people want it lower

as you cannot get the lowest, collect batch by batch everytime down 5% is one method

hold pain for 1 month only, once qtr out pain will be gone

yes big problem, pls sell tomorrow, im buying

the lower it go, the more attractive it look considering next qr >100m profits

good, pls drop more, businesses as usual and no stay at home lockdown order, people still go to work and vehicle still moving around and need fuel

pls panic sell tomorrow

i collected 2.02 today, totally undervalue, the drop will be temporary, for sure next qr will be good around 50m, even if 40m, future pe still showing eps growth

not a total lockdown, business as usual except for non essential like tourism, people still can go to work and anyone can go out within 10km radius

as long as vehicle can move, petrol station not close, nothing impact refinery

yeah, collect when people fear and until we cannot collect anymore (no more money), he he

hope all HY collectors will make profit later

i monitored the price closely and see it didnt break 2.23, so take risk to collect above

TA wise, next resistance 2.73, still far away, below 2.40 still can collect and hold

today bought again 4.69

i have both, im greedy, petron can give me >20c div this year

my prediction is right and i managed to buy 2.25/2.27 this morning

tomorrow morning might have another drop (chance to buy on another panic sell) and then when pkp announcement is made and clear the worries, price will rebound

been reading a lot of news over the weekend, all industries player not agree lockdown but more to targeted lockdown and restriction on social/religious activities

rm4 coming? cant wait, sapu all

If below rm5, i buy another 50 lots

dont think will get below 2.10 as gov will not impose total lockdown

once announcement made, market will slowly absorb the risk and stock will move up

this is only local sentiment, asia region and US market still doing well

gloves buy follow TA uptrend (market has cover its growth) now follow sentiment only

HY buy bcoz recovery sector, future profit growth (like buying gloves before qr result out), earn both sides

future value worth more than 5.80, you need to trust yourself to hold or ave down

but dont rush to buy on Mon, TA wise support broken, might touch next support 2.23

below 2.23 will be next collection

im buying all the way down and happy for the discount, collect HY too

compare to HY, Petronm can give >20c div this year ! hooray

if have 200 lots x .20 = 4k div this year

if ave 5.0 and by end year rm8 (history may repeat itself), 200 lots x rm3 capital earnings = 60k profits !

why? bcoz gloves is a short term rebound, ride while it hot... when vaccine arrives in msia in Feb, market will dump gloves again

super sale, those dont buy and keep at least until early mar will be very regret !

the sell was 1st on bursa correction, then politics, then panic on covid19 high case sentiment (thats why gloves is trending), market worry if gov apply lockdown

there will be no nation lockdown again for sure, only high case area will put under cmco and senai area where VS operates life still goes as normal

as business runs as usual, nothing affect the fundamental

keep collect in trances all the way down, 2021 will be best ever annual profit

jackpot buy below 6.0
_________________________
Stock: [SUPERMX]: SUPERMAX CORP BHD
Jan 6, 2021 2:00 PM | Report Abuse

last ime rm9 also buy then cut loss, now at bottom rm5.8 also dont wanna buy

selling done, now will move up until trend break

at the same time, while people sell refinery, i am happy to collect

in 2 mths time, when msia receive vaccine, gloves will downtrend back, recovery sector and refinery comes into play

i bought gloves yday
______________
SuperPanda so time like this, faster buy gloves back while it hot before another downtrend
07/01/2021 8:03 PM

its an ignorance thinking that refinery only depending on crack spread margin

you must be beginner in refinery