only 36 killed reported really minimum impact, ISIS strong because of oil funding, just bomb their reserves will do more damage ... of course USA will not do this because of politics lah as usual so ISIS will continue for sure after all this show...

US cannot target china as they owe China too much. All China needs to do is to ask USA to pay their debts, return the money to China and USA will collapse...

anything is possible when there is benefit..otherwise nothing is possible

US will not go to war with NKorea without Chinese consent, this is for sure. So nothing will happen in the next few weeks only talk talk...

wasted bomb for nothing..

until now ISIS still not destroyed damn strong....

what is the CEO doing? nothing??? omg....

if US drop another big bomb near some oil reserves, this will hit ISIS then things may change...

aiyo aiyo habis me

yarra one fast

drop drop my heart drop too...aiyo

why are you wasting time here? bad or good is there to share...buy or sell is a personal decision and don't blame others...

very high debt is a high risk factor not rumor and this causes default if the company cannot service them. debt does not recognise who owns them only the ability to service, why do you think UMW is letting go of the entity? PNB is also very concerned and they have to raise 2B from the public money to help pay off the debts, check their proposed utilisation of proceeds from recapitalisation exercise. the oil price is also not a guessing job, this is announced by the malaysian government, not rumour and there is also an oil price index available for viewing, hence there is no need to predict or guess. nobody likes the bad situation ok..

just like iwcity 2.90

just beware of the company defaulting on too high debts and not able to make the next 6 months

it is hard to say but we all know now that the ceiling for oil price is there .... i cannot see how this can be broken

now waiting for lower oil prices from OPEC...

confirmed lower oil prices at the pump as set by government starting tomorrow, March 30, 2017

grossly oversold can also mean gap down if things turn bad

the deal is just to take money from the market to pay debts nothing else...and the worst is not over as oil prices will go lower very soon..

US kept adding oil rigs and this is causing oil prices to drop further

Jack Ma! Jack Ma! Jack Ma!

don't tell me this is linked to AliBaba???

good price action today

looks like big deal

oh man 0.71

some deals behind the scene?

omg almost back at 0.70!

sorry joshuaMS7 not with what the government is doing right now with setting the ceiling prices

the government will now set petrol ceiling prices from Mar 29, 2017

also don't try to convince with poor data like supply and demand - this is called "confirmation bias" used by fund managers all the time to persuade people

never listen to fund managers as these guys are only doing sales to promote investments in oil

umw has now extended their due diligence on proposed acquisitions of icon, let us see what will happen next...

this will be another testing time for oil&gas when prices plunge further in coming weeks

so that you know most of the contracts for UMWOG is coming from one customer Petronas Carigali only...

Icon has shrewd management but not UMWOG unfortunately

prepare for lower oil price going to $40 as OPEC deal cut not sufficient and this deal will end soon causing more production - all oil producing countries want to ramp up production because of debts and saudi will not be able to hold cut any longer as they need money now...

there is no slowing down in PV for sure in Malaysia, only the ability of companies to bid and win PV projects

The Energy Commission of Malaysia (EC) has issued a Request for Proposal (RfP) document hoping to auction up to 460MWac of large-scale solar capacity.

Under EC’s second competitive bidding programme, it hopes to awards projects of 1-30MW capacity to make up a total of 360MW in Peninsular Malaysia and 100MW in Sabah and Labuan in the East.

All solar plants will be connected to the grid, with power purchase agreements to be signed with the main utilities Tenaga Nasional Berhad (TNB) or Sabah Electricity Sdn. Bhd. (SESB).

The RfP document was made available last week and the deadline for submissions is 1 August 2017.

US is adding their new rigs like no tomorrow they need the money badly due to high debts

if umwog share price dropping too much and at some point closer to ICON then the deal may not go through

only if the deal is still intact between icon and umwog...otherwise, this stock will show you the ugly face

over-reacting is not a problem, soon people will come to their senses as long as they get their dividends payout every quarter on time and confidence will come back after all the bad news has hit...what others left?

i don't know what is happening but i am glad to see that people are buying again..so i trust the market

yes i would be surprised since there was no par value cancellation yet, counter cannot disappear without formality

debt compouding debt, what is the interest rate here?

this stock is like a roller coaster ride..

then more people need to sell lah, with this current volume not enough

i was surprised to see that the price was ok and holding, all bad news and bad performance could have been factored into this price since dropping from 1.40 to 0.66

change management is for sure needed here