So many people selling dreams in the penny stocks lately.

http://www.thestar.com.my/business/business-news/2017/03/15/major-shareholding-changes-at-eka-noodles/ Correction on my earlier statement, RM5 million for 33.3 million unit of shares at a price of RM0.15.

I see, nice and congratulations!

Goodboy? 0.1 average cost for mum? When did you buy? Dnex never touched that low.

Haha, they will have to make another big wave to attract more or maybe prove whatever headlines they have made whether the potential of their business or anything.

Hehe we are going in circles.

Hehe, 4 sen per week is super awesome already, in 1 month, 12 sen. Imagine if you hold as much as Shawn :). So if it's not moving or maybe dip a bit, just chill :) .

So presumably, it's one of their effort to turn the company around. Interesting.

Kanter, the theory circulating around is, increase in federal interest will strengthen the USD, and most probably more revenues from tourism due to weakened RM. The Intra Magnum manages hotels and resorts.

In today's The Edge, it is stated, their revenue jumped 81.2% , due to sales from their water and maiden contribution from the said Intra Magnum Sdn Bhd. So I guess, it has been completed.

RM0.15 is like 6.5 sen more than the current market price. That's a huge difference.

Pity, was thinking of taking position in this one if there was any other good enough reasons.

it was surely an extraordinary 'effort' to move that many shares yesterday. It was top there with Dnex, and Iwcity.

anymore insights?

If it's coupled with any other positive catalysts that might appear later, it might go even further.

The US shale producers are not showing signs to contribute to the price control..they plan to increase their production up to 100k bpd next month.. -.-

http://klse.i3investor.com/blogs/Stockoftheday/115110.jsp zyrexho check out this article. Another royal family :)

Might be, the daily volume is the highest now in its history. Definitely have to be closely monitored.

Congrats all (: .The move was worth the drama few days ago.

the volume transacted is definitely amongst the highest in its history listed on klci. Keeping a close watch for any news/rumours.

the highest volume since 2014, out of nowhere

spill the details :)

LOL congrats!

today is t4...for t15, LOL sorry can't help it.

The only way for Reach to move up (other than global oil prices increase) is to prove to shareholders the revenues they'll bring in.

Thanks for sharing acadi. Can't deny, the sentiments surrounding the oil prices are just too bearish. A simple google of oil prices news will show you the latest headlines hours ago. They might over dramatize the headlines, but still, the slump is too real. Thanks to the US Shale producers upending the OPEC effort.

and...can't fight the emotion of the market. Guess I'll just have to watch from the sidelines first.

Haha crazy counter, RM1 gain in less than a month. Dangerously tempting.

I don't really know all those TA stuff tympangoh.

traderman, as of now, the impact doesn't put them in a loss making situation, so they are still on my closely watched list. Fun to watch all those blinking lights whenever transactions happen, iwcity is the most wild today.

Come on Prof Trump, you probably enjoyed a lot of profit from here already. Give them some chance :) .

Loy88 it varies according to personal taste. Some say medium term = a month at the most, some can say until next quarter report. Long term can mean more than a year to some, the ones who are looking very deeply into the fundamentals mostly. It can also mean 3 months at most.

Haha as usual, the son overreacting :))

we've discussed the possible effects maol. Spend some time reading ya.

Thanks for the link Chang206, a very interesting and reassuring interview. In Dec 2015, oil prices were around 35-37 USD.

If crude price continues to hover around this level, then next quarter report will show whether this statement :"Management expects an annual contribution of about RM18m from Ping, based on crude oil price assumption of mid-US$40s per barrel." hold water or not :) . Or roughly indicate.

Reposted with some correction.

Interesting to watch tomorrow..hehe the days of 'red' total volume, 8th, 9th and 10th March already exceeded the 2 'green' volume days before (6th and 7th) :P . The biggest red was on 3rd March. Just wanna kacau Baharuddin Ishak :P :P

johortiger, that's 1 of the pro of acquiring oil asset during one of its lowest time I guess. Just need a little hike to taste profit. Keeping my eyes open for anymore projects in Johor since that's the hot topic last friday haha. Dnex set up the Vehicle Entry Program and Road charges in Johor and as per the article, another 12 more will be set up at entry points around Malaysia. Who knows who get which and what.

Chang206, based on the latest crude price, Dnex is still profitting but can't fight the market. We'll see how. Opec especially Venezuela will lobby or do something to control the price.

Come on guys, share info with facts please. I have just read this one https://klse.i3investor.com/blogs/chinatheme/116059.jsp

"8. Ping Petroleum
Ping Petroleum (Ping), an independent upstream service provider that focuses on shallow water offshore production and development in Southeast Asia and the North Sea. Ping and Hibiscus Petroleum each own 50% of the Anasuria Cluster, which is located in the North Sea. Management expects an annual contribution of about RM18m from Ping, based on crude oil price assumption of mid-US$40s per barrel."

how did I miss it when Dnex was sooo low LOL.

GE14 is a very strong catalyst provided we know which to be in? :P

Ohh and +17 volume is red. +18 probably stagnant.

Thanks Baharuddin Ishak, +14, +15, +16, volumes getting less compared to previous trading day. Meaning a lot are still holding.

If you are not a contra, and presumably Palette is progressing in the right direction, then time is the only factor. Nothing to worry la.

Next QR should include the revenue from the home ministry's eWork Permit System contract that they just won in February right?

Not cruel, lately there's been too many posts on this forum on different counters saying so many over the top targets..look at wintoni (the management actually announced an MoU before the date they failed to submit 4th QR causing those who entered after reading the news about the MoU got stuck because wintoni's trading got suspended), look at dbe, kfm. I don't mind being wrong at all if it's true Palette got a very solid growth plan ahead. The blog post above, dated 27th Dec 2016 taught me to act cautiously.

That's dangerous, pure luck. But then if you manage to squeeze some profit, good for you. JHM's revenue on average is 40 mill-50 mill every quarter.

"Balance sheet remains strong as the Group continues to be in a net cash position with a cash balance of RM72.3 million and no borrowings." I like this part.

Baharuddin Ishak, why take from 2nd March? Why not 1st? Interesting breakdown though.

I don't mean to sound negative, but what makes you say that?

I mean the 3rd after Dec 2015, Dec 2016. This decade.

"Posted by thinkfirst > Mar 10, 2017 05:22 PM | Report Abuse

ha ha i think this is first time in America history to increase interest rate."

No. The next one is the 3rd time.

http://oilprice.com/Energy/Energy-General/OPEC-Offers-Olive-Branch-To-US-Shale.html for leisure reading and maybe something to look up to, :P since the OnG sector has been bombarded with so many negative sentiments.

Note: I'm aware of Dnex various IT, e-commerce involvement etc.

http://oilprice.com/Energy/Energy-General/OPEC-Offers-Olive-Branch-To-US-Shale.html this one.

Contra flushing first gogo :P. Hehe hasimdaud 4.6 mill is not that big considering they've seen a lot bigger transactions at other price levels for this counter.