Net profit is 100 plus million per quarter. Net liabilities is about 10 billion. It will take airasia 25 years of profit just to pay debt. Don't hope for dividen

This forum is for all of us to share your view. We should refrain from calling other names and please don't do personal attack. If you don't agree with what others write, you can present your view or keep quiet. But, please , no personal attack.

Time to build war chest, will come in handy in 6 month time. This type of opportunity comes once every 8-10 years

Oil dropped to usd54. Expect signifant spending cut in oil producers. Skpetro will have some strong headwind. I will say even 1.80 does not sound good to go in as profit will see big hit next year due to huge loan that need to service the interest

start accumulate at 1.80. Need holding power. Oil price will take sometimes to recover.US Shale oil producers cash cost is around USD20-30 so they can still drag a while even though oil price is USD40-50. There will be more M&A in O&G industry. Can't tell who has the last laugh

Close to RM2 now. Will pick up some when it is 1.80

I try to be positive. However, besides economy headwind, our country also has all kind of political and racial tension issue which cannot be investor friendly. Even former SPR chairman is coming out to critizize our country top man now. What is going on??

Getting more exciting. Black gold = black swan?

It will be exciting to see what unfold in the next 6 months. Glad that I can be part of it.

Agreed. Time will tell.

As long we can survive the perfect storm: FED raise interest rate + ringgit depreciating + oil price drop + Palm oil price drop + GST + 1MDB gigantic loan + China economy slowing down + .....

To buy with good safety margin, I will consider 1.80 or lower with holding power. But next year Malaysia economy will enter deep winter as many companies are scaling back. It will be bloodbath of Klee. Plenty of counters at discounted price as their profit cannot justify their current share price. Just be patient. KLSE below 1200 is possible. No need to rush and catch the falling knife. Malaysian household debt is too high. People will start dispose their share first

IMHO Batu Kawan area is overhyped. It can only attract majority low income families. Ask Penang people, how many of them want to stay there? The utilization of second pg bridge is also very low until driver can race until 200km/h on it. Go figure. No wonder our Tun Dr M said Malaysian are stupid...

With ringgit depreciating, it will mean more challenging to serve loan that is highly leveraged such as Skpetro. Worth to wait a bit longer before picking up any.

WTi oil price dipped below 60, Russia will not stop pumping petrol as USA is preparing another round of sanctions against Putin. oil price has no way to go but down. Time to dispose off all O&G counters. Thanks to all the analysts who has target price of RM5 for Skpetro. Really screwed up!

Petrobras which is Brazil national petroleum company just have a huge scandal involving its top official. Skpetro had big exposure in Brazil. Watch out! Skpetro may dive down very soon.