Thanks Jenny. I understand your point. TMS is strong with digital/electronic market in malaysia and definitely will be Alibaba choice if they choose Malaysia. Hope Alibaba extend their base to Malaysia.

Would the Visa-free entry for 8 million China tourists and new KL's Icon help to shine TMS?

http://www.thestar.com.my/business/business-news/2016/01/23/creating-kls-icon/

In a filing with Bursa Malaysia today, Luster (fundamental: 0.5; valuation: 2.25) said it has signed a sale of shares agreement (SSA) with Hong Kong-based Opal Deluxe Ltd to acquire 600 shares for US$4.2 million (RM14.97 million) cash, for a 60% stake in PCLCL.

The purchase consideration for the proposed acquisition comes with a net profit guarantee of US$3 million across the next three financial years of 2015, 2016 and 2017.

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=19472&page=10

http://www.theedgemarkets.com/my/article/top-glove-looking-seal-ma-deal-august-year

Will ESCERAM be one of their target?

AUG 19, 2015 - 12:57 Economist: Three Reasons Oil Will Surge Past $70 By the End of the Year

We think United States crude oil production ends the year below 9 million barrels a day from the 9.6 high...Number two, demand is growing...Emerging market demand not great, but not bad either. It's still growing, the consumer in China especially. Thirdly, Europe is not a headwind. That's the first time in five years. So without that headwind, my demand is going to be quite alright. And then, the next big shoe to drop that hasn't really dropped is that we need to see decline rates outside America kick in. If the industry spends this much less and if you know that the underlying decline rate everywhere is about four percent per annum, we need somehow to add four million barrels a day outside America, outside OPEC just to stand still. That is not going to continue to happen at these prices.

http://www.swissinfo.ch/eng/economist--three-reasons-oil-will-surge-past--70-by-the-end-of-the-year/41612122

Since Malaysia is net importer, Malaysia should buy oil from Sumatec... Buatan Malaysia.

LONDON, July 21 — The oil guru who predicted last year’s rout said US$100(RM380)-a-barrel crude is likely to return within five years as faltering supply fails to meet demand.

Gary Ross, the founder of consultants PIRA Energy Group, said oil markets aren’t nearly as oversupplied as many believe and spare capacity is tight since Saudi Arabia is pumping all the crude it can without new drilling.

“Current prices are unsustainable,” he said yesterday in an interview in London. “It’s hard not to see oil hitting US$100 a barrel at some point in the next five years.”

http://www.themalaymailonline.com/money/article/oil-guru-who-called-2014-slump-sees-us100-crude-by-2020

Oil prices expected to 'improve' on rising demand, low stocks: Naimi 19Jun2015

Saudi Arabia's oil minister Ali Naimi is confident that oil prices will rise in the coming months given the increase in global demand and the low level of commercial stocks.

Naimi, cited by Saudi state news agency SPA late Thursday in St Petersburg, also said a cooperation alliance agreed with Russia earlier in the day would be for the benefit of the stability of the international oil market.

http://www.platts.com/latest-news/oil/london/oil-prices-expected-to-improve-on-rising-demand-26127029

BEIJING/SINGAPORE—
Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records.

http://www.voanews.com/content/saudi-arabia-partners-turn-down-chinese-requests-for-extra-oil/2779261.html

China goes on another oil-buying spree

http://www.marketwatch.com/story/china-goes-on-another-oil-buying-spree-2015-04-14

ALKHOBAR: Minister of Petroleum and Mineral Resources Ali Al-Naimi discussed oil markets on Tuesday with Russia's ambassador to Riyadh Oleg Ozerov, SPA reported.
In the meeting, which was attended by Al-Naimi's adviser Ibrahim Al-Muhanna, Al-Naimi and Ozerov exchanged views about recent oil market developments as well as ways to develop oil cooperation.
Al-Naimi had a separate meeting with the ambassador of Brunei to Riyadh Dato Haji Abd Mokti Mohd Daud, and they held similar discussions, SPA reported.
Last week, Al-Naimi said the Kingdom stood ready to "improve" prices but only if other producers outside OPEC joined the effort.
OPEC agreed to maintain production at its meeting last November in spite of pressure to curb output and stabilize sliding prices, after discussions with Russia and Mexico ended without agreement.

http://www.arabnews.com/economy/news/732691

brent oil back to $60.

Wow.... cost $20 per barrel. Very good. Hopefully, they can be as efficient as saudi.