Oil price up yesterday US53.86 but dropped back in the evening. But today up again US53.04

1 Year Forecast
$61 / Barrel

Profit taking, My TP is @ 0.70. What is yours?

Bullish trend....good days coming.

Its true Franklim, no matter how much money is still not enough so that's why we don't quit share market yet.

B4b4, it seems you are very confident of TP RM1.00 medium term. I think too you are not far off especially now that the largest oil producer Saudi is cutting production. Also OPEC is not too happy with brent oil @US55.00. That means brent oil can go up some more to @ USD60 and crude @ USD57.00. But we expect crude oil will reach @ USD60.00 even though OPEC did not mention what is their TP of crude price. So that means O&G share prices will go up some more!!! But I may offload some like you have done before to settle urgent matter before 1.00

Mr Tan, please allow me to share my comments on bitcoin. Bitcoin started out with only US0.10 cents in 2007. Today it had risen to USD1100.00. Imagine if you put down USD 100.00 today you are multi millionaire.
But why is it so risky? In every business there are always risks. In Bitcoin the risks are many. Just to quote a few, it is a digital currency or cryptocurrency which had unproven potential in its inception. There is no records or similar company to compare. Many people claiming that it was scam/ponzi scheme and even until today people still say it is scam. People are still skeptical of its usability. Bitcoin has many downside. Its transactions is anonymous(unable to trace where the currency goes), subject to hacking and lost of coins, no anti money laundering and anti terrorist regulations etc. It was very volatile exactly because the trading platform were hacked and each time huge amount of currency were lost, the market price to swing wildly.
Why Bitcoin has risen so high and will it continue to rise? Bitcoin has risen so high because it has a limited supply (21 mln) unlike government currency where the government can just print more money when needed. It has jumped higher from USD @ 700 3months ago to 1100 today because of twin events, Brexit and India ban on big bank notes. It will not go higher from here because of new coin - onecoin.
New cryptocurrency onecoin was found based on bitcoin but rectified the downside of bitcoin. Onecoin has bigger capitalization (120 bln), usability and lower entry cost, faster mining and faster transaction etc. Onecoin started out November 2014 at .50 euros and today is 7.80 euros. Its target is 25 euros by end of 2017. So if you missed bitcoin do not miss onecoin! copy this link to learn more: http://www.newcryptoera.com/en/onecoin-vs-bitcoin (contact me if you wish to join hp 0168520132. You will count the blessing the day you joined).

I suspect the bosses push it down so that they can collect at the bottom. All small fish panic will lost out. Now I think is already bottom at 0.285

Agree with u b4b4. Yesterday profit taking was the opportunity to collect some more. My queue was not even matched just imagine how difficult!!! It always jump a few cents and drop very little on profit taking.

Also remember oil producing companies like Hibiscus incomes are in USD. With USD rising, so are the profits.

Profit taking today. I will accumulate more.

I believe that oil should stabilize around $60 short to medium term. It should not go beyond $80 long term as OPEC or the outside OPEC countries will step in and increase production.
Increasing oil price with foreseeable oil stock decreasing, O%G companies will all be able to turn in tidy profits.
Timing of Hibiscus buying offshore production p/form from Petronas could never had been better when oil price was very depressed and low.
I also accumulate Perisai because it's price will jump when it is out of the wood (PN17) anytime after restructuring.

Sharing my opinion only and not enticing any one to trade.

Bonus2016, Bornoil previously in Oil Plantation and timber not in O&G.

1) See the qtrly report > huge profit compared to last qtr or year.
2) Company is buying back its own shares @ 0.18C

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5219441

Big volume coming. Bornoil after bonus issue last year from the lowest of 0.14 cents has been on the slow and steady uptrend since.
Guys, patience will reap dividends.

Hei guys,

I don't mean you just simply try everythings that come your way. You must have passion and vision first before you try. If you think that business or vision is not your cup of tea, why stress yourself (hussle) to even try, forget it.

I liked Onecoin with my vision that are: 1) Booming internet business. 2) Power of one currency for one world. 3) Future currency ie digital. 4) Future payment system. 5) An investment asset that will not depreciate but appreciate over time. 6) Growth potential. So if you like what I also like then you can follow me into onecoin. I have gone into depth and can easily said that it is not scam but very really a legit company. Jack Ma said, "Opportunity lies in Where the complaints are". I can tell whether a MLM companies is a scam or not immediately due to my past experiences in MLM. Regarding Pyramid scheme, all MLM companies are pyramid schemes so that is not the way to proof that they illegal. If you google search you will also see a lot of Onecoin scam and ponzi websites. Those people who wrote scam etc are attracting people to visit their sites so they can get paid by google for number of visits. But the difference is Onecoin also responded to their claims.

Onecoin is legit company due to following reasons (I just cut short my reasons):

1) Is a registered co. HQ in Bulgaria
2) Offices in UK, HK, Thailand, Columbia (just name a few), still expanding anyway
3) Past performances, refer to Bitcoin from US0.10cents to US1000/- over 5 yrs
4) Onecoin is new in the market, launched November 2014 at 0.50euros and now 7.00euros
6) Onecoin over 2yrs already expanded into 210 countries and still expanding
7) Onecoin membership in 2 years had grown more than 2.2 millions and over 4000 people are joining every day. If you want to watch only, you will be left out or miss the bull
8) The founder Dr. Ruja is extraordinary intelligent lady
9) Onecoin before entering each country they consult and loby with country's foreign ministers (trade and industry) before setting up its business...just like Malaysia
10) Internet companies like yahoo, google and alibaba do not need a country's license to operate because they are international and borderless (just like bitcoin)
11) The founder Dr Ruja is in the Forbes magazine business woman of the year and she travels to every country where onecoin operates. If it is scam why no body complaint or arrest her during her visits
12) Malaysia's bank negara and security commission also do not condone Bitcoin and as for Onecoin it is rather new and they have not come out with any statement yet
13) For Onecoin you can in fact join for free and even make money (how can it be illegal if you pay nothing to make tons of money) Ofcourse the easiest and fastest way is to pay and see your money grow on trees.
14) Onecoin Union Pay card can withdraw money everywhere in your own currency

There are many more reasons but I just give a few so guys I shared with you and do not profit from you so I have no ulterior motives to scam you. Unless you want me as your sponsor. Click on the link below to know more about onecoin:

https://www.onelife.eu/en/blog

If you also asked me I can make money in Onecoin, why I am still in share markets. My honest answers are, I have been in share markets for the past 20 plus years. I don't make a lot but cukup for my kopi o. I love to monitor sitting in front of the computer and play like gambling. But I have already cut down my share exposures in KLSE and prepared for the worst in the coming years due to huge Malaysian Gov't debt. Some speculated that our RM will depreciate further, prices of goods will goes up resulting in inflation. EPF is already mentioning will pay out less dividend next year under 5%. People will have to dig deep into their pockets. International business investors already shunt Msia due to unfavourable investment govt policies and political climate. If coming Oct budget does not address this, then dwindling inflow of foreign funds will only get worst. Cash is king bro.

Dear friend,
If you ask me for opinion on Onecoin, I said I am very excited and so are those who had invested. Unfortunately your colleague must have misinformed you about the return of 100%. I think he has very shallow knowledge of Onecoin. I am in Onecoin long time and there is no promise of 100% return. Like any other investments past performance of @ 10% return in every three months is not a guarantee of future return. Diversification is key in investments. Even if it can make 100% return, why should we put all our money in? I read a lot of the blogs here and I think some of you can also make a lot of profit in short duration. People just love share markets whether you lost or win so why KLSE should close down?

On Onecoin, it is good for people who likes e.g. unit trusts or gold. Because they go long and no need to monitor. It's not a scam because it is global - all over the world - one world one currency and exchangeable to all other currencies in Forex and all countries around the world (borderless). If you have a vision I urge you to put a bit down and I assure you that you will be thankful for what you did!!! Jack Ma said,"If you don't try, how do you know that you can succeed? The greatest failure is you never tried".

For Onecoin, I am most happy to share with you the wealth by Whatsapp or Wechat hp 0168520132. TQVM.

Onecoin founder has long foresee this problems. That is exactly why she wants a more secure cryptocurrency which has KYC feature that is very transparent and designed to prevent illegal trading, hacking and cloning of coins. Onecoin trading platform is so secure that she challenges people who can successfully hack onecoin with a reward of 100,000 euros. For details log on to https://www.onelife.eu/signup/tinglh (no need sign in)

http://www.financetwitter.com/2015/05/pm-najibs-exit-here-are-his-cronies-stocks-you-should-avoid.html

Dr. Ruja will come to Malaysia for KL International Event tomorrow 25/06/16. This is her second time tour to Malaysia by the founder.
Do not miss this opportunity!

Time: 12:30-1:45pm
Venue:The Royale Chulan (KL) Hotel Jalan Conlay, 50450 KL

Time: 7:00-11:00pm
Venue:Golden Dragonboat Resturant, Jalan Kampung Pandan, 55000 KL

May I invite you to participate in this once in a life time opportunity better than investing in stocks, unit trust or other direct selling MLMs. Please kindly visit the link https://onelife.eu/signup/tinglh for free sign up and learn more!
You can easily double your capital just under 10 weeks!

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If u hold on could reach 3.00 by year end ... hehehe

Faye, your comments are good but I still think AirAsia is a good buy at current price or below 1.90 for reasons below.
1. Oil price will stick around US40 - 60 for the next two years or more. Gone are the days when oil price reached US 100 because of more oil production from Iran and US. Any oil price above 60 will encourage more companies to come into O&G. The future demand on oil will get less and less due to alternative fuels and new technologies. Just imagine a year earlier it was above US 100. That itself is a good assurance that AirAsia will save a lot on fuel cost and turn into profit. A lot of airlines which had been not profitable in the past would become profitable again.
2. The downside of AirAsia is limited when you compare to historical high of 3.90.
3. AirAsia share was oversold in 2014 due twin effects of AirAsia incident in Indonesia and economic factors.
4. The strengthening of the RM is also good for travelers in Malaysia.
5. AirAsia is expanding its operations into India and other countries meaning is a growing company. Long term growth is expected and yet to be realized.

Again please be warned that this is my opinion only and is not an inducement to buy AirAsia shares. I only like to argue and get the best opinion. Therefore buy and sell at your own risk.

CPO will go up to $3000 p tonne as per news today. Meaning Bornoil will go up trend. Is time to buy Bornoil now as it is rock bottom...hohoho.

Dayang is no doubt a good O&G company to watch. Market ppl don't see of the poor fundamentals in O&G in general. When oil rebounds ppl will jump into the O&G companies again...this is fact and just collect when everyone else is throwing. With oil at $50 a barrel, I think all O&G companies can survive hehehe

Zahid scared to become like Najib. If MYEG makes too much money it may become like 2.6 bil scandal..hahaha. Better leave his abang adek company out .. politically unstable...hehehe

should buy AirAsia, the lower the oil price the more the profit for AirAsia. Also oil price will stay low for atleast next 2 yrs.

Don't trust Vincent Tan n his shares. I know him long enough. He personally is an opportunist, a miser and would not let shareholders to benefit much. He ploughs back any company profits and invest in his many baby companies A, B, C & D etc. Even if you go long in his shares he makes sure that you get measly dividends. I hope he is not reading this. Sorry for this comment but true to my understanding.