manufacturers are already moving to clean efficient energy....less reliance on oil...thus the recent hybrid cars and now full electric vehicle...

by then...10 years later...automotive sector will grow less reliance on oil...thus Tesla and electric vehicle will flood the market......modern future will focus on clean efficient energy

http://www.wsj.com/articles/toyota-maps-out-decline-of-conventionally-fueled-cars-1444824804

u r wrong......iran want cash now...they do not want oil.......after the sanction...this is the time they can pump out as much oil to the market...their ppl also need to eat that's why opec cannot agree to reduce oil output...but when oil starts to climb to usd 50 per barrel....US shale oil will flood the market again because they also want a cut of the profit and their oil production is cheaper and efficient....moving forward will be very tough

after the QR it will

look at drb....

Mr N will ensure the mamak got no contract at all from National oil company

no more project for him...don't HOPE in investment...sure die fast

no need to test...tomorrow will visit 7.90

yeah....next support at 1.00....chop chop chop

fayeTan is another snake...luring the poor retailers...

it will match Hartalega price

wait one and half years become same price as UMWOG...r u sure you can sleep well??...

don't worry...if cut today still ok....u cut tomorrow...when QR out...another 10 cents gap down..

now the idiots are looking at the sorhais....eating popcorn

aichor.....why callme777 cannot support oredi ah?....

http://www.theedgemarkets.com/my/article/sapurakencana-remains-under-selling-pressure-hits-all-time-low

KUALA LUMPUR (June 16): Shares in SapuraKencana Petroleum Bhd remained under selling pressure and fell to its historical low of RM1.45 as at midday break today in active trades.

The selling pressure could be sparked by the Employees Provident Fund (EPF), who trimmed its stake in the company since early this month.

Another reason could be due to investment analysts slashing the oil and gas giant's earnings forecasts by more than half for financial year ending Jan 31, 2017 (FY17) and FY18, after meeting with the group's management last week.

At 12.30pm midday break, the stock fell seven sen or 4.61% to RM1.45, after 14.22 million shares were traded between RM1.45 and RM1.51. It closed at RM1.52 yesterday with 15.2 million shares changing hands.

The current price values it at RM8.69 billion.

Year to date, it has lost 57 sen or 28.2%, which is worse than the FBM KLCI's 5.9% decline.

According to SapuraKencana's filings on Bursa Malaysia, the pension fund had sold a total of 18.23 million shares or 0.3% stake in the group since beginning of the month.

Nevertheless, the filing showed EPF had bought 1.2 million and one million shares on June 8 and 9 respectively.

After the transactions, EPF holds 900.04 million or a 15.02% stake in SapuraKencana.

On Monday (June 13), investment analysts have turned even more cautious on SapuraKencana's prospects after last Friday's (June 10) briefing.

There are concerns that the group would not be able replenish its order book as fast in the current downturn, in addition to the declining daily charter rates for its oil rigs that are eating into its earnings.

At the point of writing, internationally traded Brent Crude was down 0.82% at US$48.57 (RM198.52) per barrel, while US crude fell 0.94% to US$47.56 per barrel.

eh why stop buying?...keep buying la hhahaha...still got a lot more for you...unlimited supply

whoa...sinkalan lorr...

everyone is cutting losses silently...don't be the last one standing..

callme777 became callme444

don't callmee777....he is busy cutting losses with his remisier...kikiki

later dayang also goyang..how?

limchewi...u better off cutloss now...have a good night sleep....and buy back at 1.00

callme777 baiting u to support his share price la...yeah...talk cok la he buying...who ferking know...im here to see him how much cok he can talk...

don't callme777...call him sorhai...

eh...why cutloss now?....callme777 is calling you all idiots la...he said he is busy buying with his standby cash of 100K....hahah

Tesla is a fine example of oil replacement

see for yourself tomorrow...the idiot is laughing at the sorhai

big losses in QR....

i already said afternoon will down....don't enter at 8.00

will match Hartalega price

how much bid up to cover brokerage?...its downtrending..when up u can't sell....when down u get trapped..

even public bank is down...what do u expect

the low in 2011 was 7.30........it will down somemore....just wait and watch

brexit with One Em Dee Bee will be a double blow....for this sector

8.00 is weak...better wait and watch..short term rebound is impossible.... ...sellers are coming out again...

haha...dude...your 100k is kacang putih la hahha

don't you against the trend and u will live longer

if tomorrow do not drop further...I cut...

this one obviously is selling to cashout pay debt to Aabar

it closed the day low...avoid ....better wait till 7.00

http://www.theedgemarkets.com/my/article/ipic-aabar-claim-us65b-1mdb-mof-inc-london-court-international-arbitration

http://www.theedgemarkets.com/my/article/ipic-aabar-claim-us65b-1mdb-mof-inc-london-court-international-arbitration

IPIC, Aabar claim US$6.5b from 1MDB, MOF Inc, via London Court of International Arbitration

1.50 now...hoping for rebound??...don't dream...after QR results out...it will be taken away from KLCI index linked counters...byebye

good news for skpet supporter....it will be taken out of index linked soon... because not performing...dragging the klci...

technical rebound?....only worth RM1.29 la...somemore still wanna jual mahal at 1.53 and 1.54...kiki...

the higher crude oil go ...the worst for petronm

don't worry ...afternoon 1.50 all fill

wahhh so nice ah??....collect dividend 0.20 cents ka?....muhahah kikiki...vomit out everything now...