Brent fighting back

LOL. DC looking like in really good form.

Not too bad. In view of 30+ plunge in KLCI & 800+ rout in DJ.

Despite Drop, Goldman Sees Asian Stock Rebound in Fourth Quarter

https://www.bloomberg.com/news/articles/2018-10-09/despite-drop-goldman-sees-asian-stock-rebound-in-fourth-quarter

Reach showing great resilience. Withstanding the pressure very well.

Brent still above 85

Could be breaching 85 again today

It already hit peak 52 week before last

DJ looking like recovering

US to impose tough sanctions on Iran in November, including flights

http://www.arabnews.com/node/1371966/middle-east

Signs of recovery beginning

Precisely. Very, very undervalued.

Dark clouds don't last forever. Next week will bring sunshine.

Sellers fighting back

Still keeping the Mother, though. Maybe add a bit more also.

Damn cheap proxy to O&G. Less than quarter the price of the Mother. WTF, man. I'm in.

Bursa is strong. Bursa will recover.

https://www.smh.com.au/business/markets/fridays-rout-on-wall-street-is-this-the-start-of-something-big-20180203-h0t3n8.html

Salient excerpts #1:
"But it's definitely not the end of the bull market," Schulze said. "In order to see the end of the bull market, you need to see the US go into a recession. We have an economic dashboard at Clearbridge, 12 variables that have done a very good job of foreshadowing an economic downturn. Out of the 12 variables, only one of them is flashing any type of caution."

Salient excerpts #2:
"The underlying strength of the economy is still healthy. The overall level of interest rates is still quite low. If anything, we're surprised that it took so long for us to get a 3, 5 per cent correction in the market," said Evan Brown, New York-based director of asset allocation on the investment solutions team at UBS Asset Management, which oversees $US776 billion.

Good closing

Brent could be breaching 90 by Christmas or New Year. With the increased power demand for celebrations-related production, winter energy requirements for heating in northern hemisphere etc.

OMG. That DC song again.

Cool

Maybe against DreamMarauder also.

Well, I for one am certainly going long. And my entry price is good too, very good. I came in very early.

Brent gone past 85 again

52 will be coming back. Fairly soon.

He is just venting his frustrations

LOL

Holding well. Momentum still strong.

LOL. Why not.

The conditions are looking all bright and rosy

Goldman Sachs, S&P etc., are all only consultants. They're only making broad, general predictions. That is just the nature of their business. They do not know everything, every latest political, business, economic etc. development in the world with complete absolute certainty.

Even three months ago, they could not predict that oil would return to 82 in early October. Or everybody would have been scrambling to buy Reach & Hibiscus that time.

No fear, DreamConqueror. Reach's momentum is much stronger than the comments of any of your average so called "boddoh konttuik iddiot dikkhedd" investor LOL. Reach will eventually prevail over any minor disturbance or interruption.

Looking strong. Momentum still intact.

We could be seeing 85 even faster than we thought. Could possibly even be attacking 84 on Monday.

Momentum still intact

Excellent week

Still holding well

Amazing

You hv not been keeping up with the latest developments, FrankLim.

No need for any fantastic announcement, if it is all just empty hype & no meaningful substance. The bottom line is, the bottom line. Simple as that. So, just need to check out company's latest qrtr profit performance.

https://www.thestar.com.my/business/business-news/2018/08/28/reach-ene...

Now, let me repeat it. The bottom line is, the bottom line.

The classic rule, don't forget it. Buy when everybody don't want. Don't wait until everybody wants it.

Volume looking very strong

Still worth collecting

The time to buy is when not so many people want. When everybody making a grab, then too late already.

Could be poised for some significant movement

Outlook still okay

Current TP of 32 is outdated. It needs drastic review & revision, to take into account latest excellent qrtr financial performance.

No, this is certainly not a shit stock. Do not be deceived by small time conmen trying their pathetic best to pull the price down.

Momentum still intact

Good to see even Mr. Taepodong now reversing his previously consistently negative judgement on this stock.