im not against buying but only ask to wait for cheaper cost to buy based on current market, 0.1 would be good price and i believe it would happen

buy when oil trade usd20 if oil go lower then sapu all out

will queue son 0.025 and mother 25c, then wait

the lockdown effect will not be seen now, but from next month onwards where oil will be pushed near to 20usd

that will be the point to buy o&g stock, now is cash keeping

for me its about buying at lowest possible, might not get lowest but below 70c sure can get

"It's amazing to me that people are so bullish when virus cases are accelerating and economic growth is deteriorating," said Richard Bernstein, CEO Richard Bernstein Advisors. "I could see it if cases peaked out, and the economy is troughing."

while price now above rm1, better to sell b4 it goes back below 80c next mth, must act fast.. i have remind since above rm2..

dont worry if cut loss some bcoz you can buy back cheaper

people get lock inside home for months to come, oil demand will be low, supply high, how can we bullish? so has to become bearish king lah..

worse yet to come, major oil budget already cut, worker less work, oil rig idle and job will terminated.. next month can see the effect.. petronas will announce cost cutting, less oil will be pumped out.. dayang will have weaker coming report.. same as prev years.. so to happen report will out in crisis time, 60c will come, ups and downs along the way is chance to short if dare

america has now suffer a lot bcoz cannot cope with patients, 100k will become 200k, more people will die, unemployment will rise, fed money print cant do nothing, trump will learn america cannot be great again by god willing..

recession is not coming.. its already here.

mabel, i will wait and not buying now... only buy the price i want...

same like when i wait before market crash at thheavy, scomies, sold armada when 33c and alam b4 qtr out then warning dayang when 2.50

all those action has save me a lot of money.. all cash no margin.. will only use margin later once the pandemic slowdown

now is not the bottom yet, next month oil will drop lower, dayang will test another bottom.. lets wait and see.

aiyoo.. that was a sarcasm lah.. to uncle bcoz uncle said dayang will not affected by low oil price and get more contract..

i said many many times already, i have no shares now, dow will crash soon.. 15K coming
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apolloang Posted by SuperPanda > Mar 27, 2020 10:30 PM | Report Abuse

so buy dayang more and sailang perdana too

hahaha....no wanna buy at 75cts now buy,this time your 60cts kambing,from your own bad mouth.....hahaha
27/03/2020 10:36 PM

so buy dayang more and sailang perdana too

oil moving towards 20, now 24 but dont worry uncle said petronas will pump more oil and dayang will get more contract

uncle said ...

“The oil price slump will not affect Dayang.

Many investors are worried that the current oil price slump will badly affect Dayang’s business and reduce Dayang’s profit. No! it will not! In fact, the oil price slump is good for Dayang’s business. Unlike Hibiscus, Dayang is not involved in the oil extraction. It is only oil rig maintenance contractor.

In fact, when the oil price slumps, Petronas will have to pump more oil to support Malaysia’s economy and award more oil rig maintenance contracts to Dayang which is the largest and most efficient contractor in the field. In this region where Petronas has about 100 Offshore oil rigs, it looks like Dayang has the monopoly in this business.”

petronas will pump more oil and award more contract?? others big guy cut spending petronas will spend more meh?? is petronas bigger than shell, total, exxon and chevro...

wallaoweh, uncle now so desperate to promote dayang when the reality is different.

The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s. Royal Dutch Shell said on Monday that it would cut spending by 20 percent, or about $5 billion, and also suspend its share buyback plan. French oil giant Total SA and Norway’s Equinor announced similar moves.

ExxonMobil and Chevron have suggested they too would be axing their budgets, with Exxon under particular pressure. Goldman Sachs estimates that Chevron needs $50 per barrel in order to cover spending and its dividend. ExxonMobil, on the other hand, needs something like $70.

The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s. Royal Dutch Shell said on Monday that it would cut spending by 20 percent, or about $5 billion, and also suspend its share buyback plan. French oil giant Total SA and Norway’s Equinor announced similar moves.

ExxonMobil and Chevron have suggested they too would be axing their budgets, with Exxon under particular pressure. Goldman Sachs estimates that Chevron needs $50 per barrel in order to cover spending and its dividend. ExxonMobil, on the other hand, needs something like $70.

https://oilprice.com/Energy/Energy-General/Oil-Majors-Are-Preparing-For-10-Oil.html

major oil has started cut spending, next month will start to feel the pressure, patiently wait 0.10 to come

the rebound in dow/s&p was due to fed money printing, it will be failed

https://oilprice.com/Energy/Energy-General/Oil-Majors-Are-Preparing-For-10-Oil.html

look fwd mother at 24c and son .02c

coming back here, waiting to sapu next month when oil reach 20usd

no need to monitor dow, it will hit 15k then further down to 10k in 1-2 mths time

recession has already started, open your mind

exit before it get worse, keep cash, have remind since above rm2

yes you can buy at dip and short then sell when rebound, but chance of win is very small

dayang was below 60c and it will back to 60c soon

when oil start to recover 2017, o&g not immediately earn profit, it took > 1 year to see result

and now when oil fall, it will not immediately show result too, it takes few qtrs to see the impact which is in the next 2-3 qtrs coming

recession has coming and it will take long time to recover, stock market will be hit the worse ever.. your 100k will become 10k

the best thing is to wait until crisis at peak which when petronas start to reduce capex and contract termination

rush to buy to cover position b4 4pm, idss making money today and tomorrow too

keep cash.. keep cash.. next month will be cheaper

dow will be 15k pts in a matter of weeks

italy has surrender, europe in stakes, us going to suffer soon, it will be the great depression of the century

the worst yet to come, its coming to you soon

la la la la ...

i do not have any stocks now, all the free fall is a blessing for me

capital ready to buy below 50c, not a 80c, profit will be faster and bigger later

i copy this so later you will eat it back
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apolloang where got 60cts,50cts or 40cts? where is that sochai panda?
23/03/2020 11:43 AM

the time to buy should be at the peak of crisis, when it move to saturate phase, now is the climbing phase

they think 80c is cheap, wait until they see 40c, thats 100% loss

they dont know thats why kena burn
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KAQ4468 U don't know mehhhh about mega mad caw sales every 10 years ??

Do u think it about 20% correction ??
22/03/2020 9:53 PM

america has to lockdown, when the biggest economy lockdown, market will crazily drop until tooth fall out from mouth

the worst yet to come, below .10 is unavoidable

this week another selldown, good to short but chance to win a bit low, so wait below .10

imagine those whom live in small flats without internet and those whom have no money bcoz no income

https://www.google.com/amp/s/www.cnbc.com/amp/2020/03/19/bank-of-america-says-the-recession-is-already-here-jobs-will-be-lost-wealth-will-be-destroyed.html

pls wake up, recession is coming, no matter how great the stock is, market will press it further down...
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Alistino G We have many smart alec in this forum, giving low TP as such it creates panic amongst small time investors so, they start selling when they see what your unsubstantiated analysis is coming true. Same goes to when during the bullish period when the TP is inflated beyond that current price, people would start chasing. Therefore, stop your smart TP without any research done to support it.
19/03/2020 12:41 PM

https://www.google.com/amp/s/www.cnbc.com/amp/2020/03/20/gary-cohn-us-is-in-recession-that-will-take-trillions-to-solve.html

https://www.google.com/amp/s/www.cnbc.com/amp/2020/03/20/the-upcoming-job-losses-will-be-unlike-anything-the-us-has-ever-seen.html

https://www.google.com/amp/s/www.cnbc.com/amp/2020/03/19/bank-of-america-says-the-recession-is-already-here-jobs-will-be-lost-wealth-will-be-destroyed.html

now is to wait and not to buy, crisis is still at beginning, the time to buy is when crisis reach its peak and move to saturated

usa economic data now clearly shown the biggest economy has move towards recession, by early april unemployment rate rpt will out, the % will show higher, debt market is exploding, with 0 % rate no one will buy gov bond, business is shutting down.. shale oil, tourism, aviation making huge losses, stock market will collapse and move to below 10k pts.

why? the economic crisis just started, next couple months can see the worst... now its the time to wait, not to buy

no matter what, next monday onwards will be huge selling, this round will drop much lower

bursa replied already, no suspend trading