Bro.. barakah bleeding :(

Sunlight.. agree with... q @ 125c

Thhe !!!!!!!!!
Salcon !!!!!!!!!

Sifu.. I think still got some trapped in pelikan :/

Duitbesar.. Can up 20c? Sure bo?hehe

Morning lo flag kakis... no sleeping lo... hehe.... market green green today .. ; )

Yup... wana bump heavy in luster today : )

Morning Sifu, bro & sis.... DJI up to 100++... Huhu

butter...
' Go find some charts and draw it! It might be either at 31,50 or 61.8. Not necessary every time it needs to be 61.8 one...
24/02/2014 23:27

where to find ?

tony .

tj, if open high n closed higher but no vol .. wat does it means? hehe

sui DJI up liao leh...

tia bo... lu kong si mi tj.. huhu

ok .. i follow u sifu sell daya @ 46c... hehe

zu1967, u can tahan bo everynite count $ with ladies around? huhuhu

speakup, not inari but the warrant..
1st round gain 1.5k but second round loss few hundreds

sifu, luster tp plz? hehe.. i wanna buy more to cover back my inari wa losses.. hehe

SIfu, so good lo... outsider like me need to work hard to earn little money only :(

Beware of risks in investing in sizzling oil and gas
(Monday February 24, 2014 MYT 6:36:48 AM)

THE oil and gas (O&G) space is sizzling and there’s no sign of it cooling off any time soon. There are deals aplenty being made. Just this week StarBiz reported that exploration giant Murphy Oil was looking at hiving off stakes in its assets in the country at a whopping price of some US$2bil to US$3bil (RM6.62bil to RM9.93bil).

Any local listed company buying these assets would see itself being transformed into a major O&G producer, overnight. The question of course, is whether one can afford such a price tag and whether the returns from that investment will be worth it. Also, the proposed sale by Murphy Oil doesn’t seem to include any management control over those assets.

Another notable development StarBiz highlighted was Petronas being close to selling 10% in Canadian shale gas concern Progress Energy at a valuation of twice what the national O&G company paid back in 2012.

This is significant because Petronas came under flak for presumably paying too much to buy Progress Energy then. But now it’s sitting pretty on an asset whose value keeps rising.

Then, there was the exciting development at Scomi Energy Bhd two Fridays ago, when savvy investors Tan Sri Quek Leng Chan and his associate Paul Poh, swooped in to get a block of shares at a seemingly mouth-watering discount.

By Monday, the buyers of this block of 11.5% of Scomi Energy – that included Norway’s oil fund, Norges and Lembaga Tabung Haji - were sitting on a 42% paper gain.

Scomi Energy and another O&G company, Uzma Bhd, whose shares have enjoyed a spectacular 67% rise over the last six months – are said to be bidding and close to securing risk service contracts from Petronas.

Late last year saw another exciting O&G play enter the market: Barakah Offshore Petroleum Bhd, which is 166% up from its reverse takeover price of 65 sen.

Barakah made such an impact that dealers now talk of finding the “next Barakah” in the form of listed companies hoping to see an O&G asset injection.

Investors are also chasing a number of other O&G companies.

But making money from the O&G business isn’t easy. Our market has seen its fair share of O&G companies that had stumbled in the past.

As examples, consider the stories of Ramunia Holdings Bhd, KNM Group Bhd Malaysia Marine, Heavy Engineering Holdings Bhd (MMHE) and the Scomi group. These stocks were at one point the darling of investors.

But at some point, they struggled to execute their businesses well. O&G fabricator Ramunia had slipped into PN17 status in June 2010. To quote from a Maybank research report dated April 2010: “Ramunia is in bad shape operationally and financially. It faces declining order book, earnings and shareholders funds due to poor project execution and negative cash flows.”

KNM Group Bhd was another high-flying oil and gas player. But it too did stumble, suffering a quarterly loss in 2009 and a full year loss at group level in 2011. Among the reasons for its losses was its high fixed cost and debt levels. It’s aggressive overseas expansion also saw it having to provide for foreseeable losses in Brazil, Canada and Indonesia.

The Scomi group had encountered similar problems with its overseas assets while giant fabricator MMHE had suffered from higher-than-expected expenses incurred from some of its projects and from the share of losses from jointly controlled entities’ performance.

One problem is that the O&G business, like many other sectors, is cyclical. You may invest during peak times but then get saddled with high fixed costs and low utilisation rates when the cycle hits a downturn.

Getting the right expertise to executive projects profitably is another challenge.

Investors shouldn’t get carried away with companies saying they are going to morph into an O&G concern. Such things don’t necessarily happen overnight. In the case of Barakah, it took the company two years to finalise its reverse takeover.

And if you are talking about the exploration and production segment, then remember that the oil majors took many years to get to where they are today.

The golden rule of looking for companies whose management have the right expertise and track record shouldn’t be forgotten in these bullish days of the O&G sector.

Senior news editor Risen Jayaseelan is betting that the O&G space will continue to sizzle in the weeks and months to come, with deals taking place left, right and centre and thereby offering opportunities aplenty for astute and well-informed investors.

Malaysia's GUH in talks for stake in Cambodian power plant

http://www.thestar.com.my/Business/Business-News/2014/02/24/GUH-eyes-stake-in-Combodian-plant/

Salcon chart,
daily chart nicer than (weekly & mthly- momentum just started). 1 thing in common for three charts are the Stochastic K% is above(cannot perform short trade)
- can hold another 1 or 2 days??

hope im not wrong... hehe

Sifu, u can buy those stock for company?

Inari wa chart:
daily chart, RSI 74%, even though the macd line is above the signal but accelerator oscillator down to 2nd red bar already.. if compare i prefer mthly chart more.
- i think have to wait(like sifu said)

Wow zu1967, another swing champion ! Hehe

Sifu, no worries.. We trade our own risk... We wish to read yr post everyday oh... Part of my habit liao... Hehe right guys???

Bro, my barakah paper gain reduce liao frm price 1.89.... : (
Hehe

Sifu, then I standby to offload my pelikan.... Hehe.. Pop8872, are u same boat with me? Let us jump out this week.... Huhu

I bought daya last week too @ 425c Huhuhu... No fund to add today .. Miss boat : (

Sun light. . Am stil hold...
Pop8872. Wat about yr pelikan?

Tuck2... im in thhe n salcon only... cut other to jump in these two ctrs huhu

I see gd2bkind..... I thought u said thhe... I nid the fund lo.... anyway hope u make profit la !

Why regret....gd2bkind?

Sunlight.. hopefully . : ) huhuhu

Ak $$.... hv to ask tuck2 loo....

I come out liao inari wa cut loss......

Sunlight... hehe I oso got some jus now 995c : )

Bro.. im holding tight tight... er er wish to tambah again..

Sifu.. u really li hai foresee thhe drop 995c told me to buy more... : )

Swingtrader...Looks like I hv to cut loss again : '(

Swingtrader... like that arr "when certain price no buy and sell indicate time to push up" can apply to other ctr? Tq

No steam liao ? Huhu

Swingtrader how u know mqtech will up today??

Bro I get my salcon 705c :)

Wow.. swingtrader plz let me know ya when cn play the mqtech I wana lower it down n comeout... hehe

Bro... that mqtech I bot early days oh... huhu

Smalltimer : )

Swingtrader... mqtech cn up to 155c bo? Im stuck in 151c

Walao... pos really up : (

Sifu... u here? : )

Bro... yup... I q 69c cannot get : (
Now buy 705c la... huhu