KUALA LUMPUR (April 18): The oil and gas (O&G) sector is likely to see a recovery on all fronts this year, having seen its earnings trough in 2017, said RHB Research Institute.

In its strategy note focusing on Malaysia, the research firm said signs of recovery were seen in the sector, especially for upstream services players such Malaysia Marine and Heavy Engineering Holdings Bhd and Sapura Energy Bhd.

Downstream-related companies including Petronas Chemicals Group Bhd and Petron Malaysia came above expectations on the back of stronger refining and petrochemical spreads.

"Overall, we believe the market has seen its worse showing in 2017 and, moving forward, a recovery in earnings would be seen," said RHB Research.

It added that the national oil firm, Petronas had also painted a stronger outlook for the local O&G industry, with its maintenance activities in particular expected to be ramped up.

KUALA LUMPUR (April 18): The oil and gas (O

KUALA LUMPUR (April 18): The oil and gas (O

KUALA LUMPUR (April 18): The oil and gas (O

KUALA LUMPUR (April 18): The oil and gas (O

Pullback: typically defined as a 5% dip from a recent high, and often times seen as a buying opportunity during an ongoing bull market. For Coogan, a pullback is a “temporary blip of the peak of the market, almost a ‘sigh’ in upward momentum; it’s very short term, and you’re still continuing up in a bull market.”

Correction: usually a 10% move lower from new highs. It’s more severe in nature, but could possibly just be a healthy dip as some investors take profits and others adjust their risk/reward ratios. The question here is whether companies in general still in good shape, or is the stock market a leading indicator of weakness in the overall economy, and will corporate America be the next area to feel weakness in growth.

Despite a correction being jarring for investors, Coogan says for her and other market watchers “it’s still defined as a shorter-term pullback in a bull market, it’s just a little more significant than the pullback that’s less than 10%”

Bear market: a 20% or great tumble in the market. This 20% downturn is “usually something that’s sustained for a couple months,” Coogan says, where from an investor psychology perspective “pessimism breeds pessimism, and you get that continued downward trend, and that can be hard because you don’t know actually when it could stop.” Thus trying to predict the absolute bottom can be very difficult for an investor trying to time the market, but the risk/reward payoff for those that do can be astounding (just look at the run up from 2009 March lows).

Pullback: typically defined as a 5% dip from a recent high, and often times seen as a buying opportunity during an ongoing bull market. For Coogan, a pullback is a “temporary blip of the peak of the market, almost a ‘sigh’ in upward momentum; it’s very short term, and you’re still continuing up in a bull market.”

Correction: usually a 10% move lower from new highs. It’s more severe in nature, but could possibly just be a healthy dip as some investors take profits and others adjust their risk/reward ratios. The question here is whether companies in general still in good shape, or is the stock market a leading indicator of weakness in the overall economy, and will corporate America be the next area to feel weakness in growth.

Despite a correction being jarring for investors, Coogan says for her and other market watchers “it’s still defined as a shorter-term pullback in a bull market, it’s just a little more significant than the pullback that’s less than 10%”

Bear market: a 20% or great tumble in the market. This 20% downturn is “usually something that’s sustained for a couple months,” Coogan says, where from an investor psychology perspective “pessimism breeds pessimism, and you get that continued downward trend, and that can be hard because you don’t know actually when it could stop.” Thus trying to predict the absolute bottom can be very difficult for an investor trying to time the market, but the risk/reward payoff for those that do can be astounding (just look at the run up from 2009 March lows).

If u want aggresive, switch to upstream like sapnrg

Why afraid, fundamental hasnt change. Only the short term sentiment, hopefully gap up tomorrow

Remembered when they push to 42c, after done accumulate then they announce mubadala etc etc

Petdag got buy call with tp around 11% from current price. Petronm still sleep from any news

Cimb should make another add call. Rm1 come on

Increase in base tariff will contribute towards positive earnings right?

KUALA LUMPUR (April 17): Gas prices in Malaysia are set to be more competitive this year but not necessarily cheaper. MIDF Amanah Investment Bank Bhd said this is in anticipation that gas prices in the country will increase to match market rates.

In a note today, MIDF said the Energy Commission had in 2016's fourth quarter announced a predetermined base tariff per mmbtu for natural gas from 2017 to end-2019. mmbtu stands for one million british thermal units.

"The base [rate] for the period January-June 2018 period is at RM30.90, July-December 2018 at RM31.92, January-June 2019 at RM32.69 and July-December 2019 at RM32.74. The main aim of the increase in base tariff is to align the local natural gas price towards global market prices and to reduce government subsidies on natural gas.

"The current international Asia LNG price is approximately RM35 per mmbtu," MIDF said.

Oil drop because ease of tension in the middle east geopolitical crisis. Anything related to syria-crisis might lost it edges on oil price. Investors now waiting to see the russian govt reaction towards the sanction announcement in washington later overnight. Probably oil price will soon surge again.

@HouSaiLeiTrader need to log in to read the full content. could please copy and paste the content? thanks

How 50% dividend policy works? Care to explain? Thanks

Market much volatile comes the GE. Why need to shout down down when it plunges, and also huat huat when price spikes up. Calm your tits down

Ups and downs are normal, moreover the price drops doesnt reflect petronm fundamental value. It is just the case of the fear sentiment.

Soon when investors become rational, the price will be adjusted to its value. I think this is the year to accumulate.

Risk depends on how u assess the particular industry or stock, and it may vary from one another. Some people bought at 8.5 knowing that this is the risk he can bare, some bought at 10, some bought at 7, somehow they surely know that one day the price will likely priced to what it should be and that is when the market is normal again.

Now is just the market overreact. Me myself didnt buy this stock yet, but that doesnt mean i dont believe at this stock, i am waiting for the smart money to flow in and this is my risk i ready to make, and even if its drop when i buy, i prepared for it.

I guess halite did the same too, long term investors must put emotion aside and dont let it affect your judgement. One thing for sure, this company is profitable in a long run.

I am here not making the buy or sell call but heard enough with those who calling this stock will continue to plunge is understatement without clear verification.

What do u guys mean by the share buy back?

Already broke long 200d sma. I think 2018 is not gonna be good for frontken

Volume too low these few days. Lack of interest?

TQ @KGChung

am I entitle to dividend if i buy on the ex date?

This counter is highly undervalued. Somehow i am still waiting for an uptrend confirmation, its in my watchlist and i think many investors are waiting too, for those who hold the shares, keep the holding power. Downside risk is limited now, this counter will surely up but only god knows when. As long as u know the risk, u wont be panic. Cheers

Who knows anything about technical? Does the bullish engulfing signal is strong or weak? I think saprng already in reversal uptrend. Fundamentally still weak but future seems strong with support of the new contracts awarded.

Buyback shares only hurt shareholders when the company repurchase above its intrinsic value. Just my 43c thought.

Sentiment is quite downbeat after the overnight developments. Asia Society Policy Institute Vice President and Managing Director Wendy Cutler told Bloomberg Television that she fears the world is headed for a trade war.

Sentiment is quite downbeat after the overnight developments. Asia Society Policy Institute Vice President and Managing Director Wendy Cutler told Bloomberg Television that she fears the world is headed for a trade war.

Cautious, trade war begin

Sentiment is quite downbeat after the overnight developments. Asia Society Policy Institute Vice President and Managing Director Wendy Cutler told Bloomberg Television that she fears the world is headed for a trade war.

Any reason for the shoot up bro? I think the price would consolidate around 42.5c

dear sifu, when will it sink?

How did u know who press down the price?

Why sifu? Please tell us more. tq

Lol

Global market sentiment isnt good lately, it works in tandem with US issue sparks trade war fear regarding fresh tariff on imports by trump. But i trust in value, no matter how, companies with good fundamental will sustain in the long run.

Global market sentiment isnt good lately, it works in tandem with US issue sparks trade war fear regarding fresh tariff on imports by trump. But i trust in value, no matter how, companies with good fundamental will sustain in the long run.

joke company

KUALA LUMPUR (March 14): The FBM KLCI retreated in early trade this morning in line with the decline at most regional markets, following the weaker overnight close at Wall Street.

At 9,05am, the FBM KLCI dipped 1.89 points to 1,862.14.

@mamatede arent higher price means higher refinery cost for downstream sector? I didnt know much but can someone tell if my thoughts are wrong.thanks

Usual response to regional market on monday overnight index. Strong support at 42c

Usual response to regional market on monday overnight imdex

KUALA LUMPUR (March 9): Some 100 million shares in Trive Property Group Bhd, representing a 5.15% stake in the company, was traded off-market today.

Bloomberg data showed that the shares were traded in a single block at 3.7 sen apiece — a premium of 5.7% to the its closing price of 3.5 sen — for a total consideration of RM3.7 million.

Asian shares found relief on Thursday as fears about a global trade war amid U.S. President Donald Trump's push to introduce protectionist tariffs were tempered by signs the move could include carve-outs for key partners, according to Reuters.

Dow down pretty bad after trump’s key adviser resignation. Sigh

*key adviser resignation

Selloff due to tariff and trump key adviser makes it worse. It is globally affected. I hold petronm and frontken. Everyone risk is not the same, otherwise the price isnt moves since ipo

Not frontken, happen to most of the stock. I think tomorrow gap up considering the amount of queue buy right now

@ChristopherToh my sticker price is 0.58 with a margin of safety 75%.