Absorb the weaklings, then euphoria begin again.

Because of the troublesome need to convene EGM for future acquisitions the major shareholders of MAA is considering to attempt to take MAA private again. :-)

Gain on disposal 42 sen per share.

Drip, drip, drip .......

Go, go, go MAA.

Mycron's sister company MAA to rally today.

MAA will rally today.

Is Sarawak buying or selling or doing nothing?

Sslee, absolutely correct but it's only the beginning.

Volume today 45 million shares, free float only 81 million shares.

Don't have to limit up, just need to break 50 sen barrier.

Go, go, go Mycron.

Bought Affin at 2.00.

Affin is falling down, falling down.

Forum here still eerily quiet.

Forum here so eerily quiet.

Bplant sale called off. LTAT needs money, lots of money to repay debts, what to sell? Sell Affin?

Bplant has crashed, Affin dropped below 2.10 all thanks to the jinx.

Oh shit, the jinx has just opened his mouth. Now Affin can't go up anymore. Shit! Shit! Shit!

One day spike, then drift down. Sarawak selling?

Should stay away. I got out and am glad I did. I am not coming back.

Must be lonely here.

Subsequently Affin share price dropped below RM1.90 and stayed below RM1.90 for awhile but Sarawak didn't buy. But I bought and bought.

LTAT already sold a chunk of Affin to Sarawak at RM1.97 in April, less than 6 months ago.

Not Sarawak buying, foreign funds buying.

2.50 coming? Go, go, go Affin.

Forum back to quiet mode again.

Why some people jump into Pensonic at high price. My average cost was only 52 sen. You think the syndicate average cost is how much? They push up beyond 70 sen and there are people who bought, hoping to sell at how much? ...... at 79 sen?

EPF selling again?

Go, go, go Affin, march on to RM2.20.

Winter is coming ....... rally behind the Starks!

@aklobi, when price was below RM1.90 it was such a bargain.

See can hit RM2.50 again or not.

The calm before the storm.

Brent just hit USD95 ..... and winter is coming.

Forum here so quiet again.

Why is Bplant dropping?

Meanwhile, Brent Crude Oil rocketed above $94.63 a barrel to hit a fresh 2023 record high. Over the last two months, the world’s most traded Oil benchmark has tallied up a stunning gain of over 49% from its 2023 lows of $63.64 a barrel.

And the rally might not stop there!

Oil prices have been in a solid uptrend since Saudi Arabia announced plans to extend its 1 million barrel per day production cut until the end of the year – joined by Russia with its own 300,000 barrel per day output cut.

These cuts are in addition to the 1.66 million barrels per day output reduction other members of OPEC have put in place until the end of 2024.

Elsewhere, catastrophic floods in Libya have forced authorities to close four key Oil ports and shutdown local refineries. A move which as boosted expectations of global supply scarcity – adding further bullish tailwinds to the current energy price boom.

Libya, produces over 1 million barrels of Oil per day and sends around 85% of its exports to Europe. If all that supply in Libya was to remain off the market for an extended period of time – there’s no doubting that could easily send Oil prices soaring well into triple-digit territory.

Uptrend in Brent will lift up all O&G counters.

Go, go, go Reach.

Brent just hit USD94.

Winter is coming ........

Brent has broken through USD93.

There's only one rule that will guarantee that you make money : Buy what you can sell higher lah.

Saudi Arabia's output cuts will exacerbate tight global supplies, with the oil market expected to face its biggest deficit in over a decade.

According to Bloomberg calculations of the latest data from the Organization of Petroleum Exporting Countries, the amount of oil OPEC is pumping in the third quarter is about 1.8 million barrels per day less than what is needed to meet demand.

By the fourth quarter, that deficit is projected to widen, forcing countries to tap oil stockpiles to cover the shortfall. If OPEC production stays flat, as members have indicated, inventories will shrink by 3.3 million barrels per day, the most since at least 2007, according to Bloomberg.

Wise men say ......
Only fools rush in
But they can't help
Falling for Affin
Should we buy?
Should we wait?
Like a river flows
Surely to the sea
Will Affin rise?
To RM2.50 again?

Let's all start singing :

When will Affin hit RM2.50 again?
When will we have happy moments?
Rising again ......
Or is this the end?
When will we see RM2.50 again?
When will we have happy moments?
Will it rise again?
Or is this the end?

The last peak at around RM2.50 was on 29-11-2022.

Posted by TheContrarian > 2022-11-29 12:45 | Report Abuse

Sold my remaining Affin at 2.50, thank you for the gains.

@satha44, thank you, one operator is controlling Pensonic. Wonder how high it will go?