https://www.bloomberg.com/news/articles/2020-08-06/korean-air-bucks-virus-challenges-to-post-quarterly-profit

https://www.theedgemarkets.com/article/sapura-energy-actively-traded-oil-prices-hit-fivemonth-high-falling-us-crude-stockpiles

https://www.theedgemarkets.com/article/sapura-energy-actively-traded-oil-prices-hit-fivemonth-high-falling-us-crude-stockpiles

https://www.theedgemarkets.com/article/sapura-energy-actively-traded-oil-prices-hit-fivemonth-high-falling-us-crude-stockpiles

Heikin Ashi bar turned green for the 3rd consecutive week now. Only wait a few good news for push the price upside.

Most oil price analyst said August is the month crude oil price will climb up to USD 50 per barrel again. This price should benefit a lot of supply chain in oil and gas industry.

Very big buying volume this morning

Brent Crude will go up to 50 per barrel. Because of big explosion in Beirut. They think it was terrorist attack. Will create unstable political situation in Middle East. Soon will make oil price higher.

this week probably last sideway price action. I expect break out. either go lower or higher.

we call it stubborn stock. hehe

civilians not buying gloves to protec themselves from covid. they are buying face mask. need to exit gloves now. too much speculation.

need to talk something positive here because retail trader is in action. hihi. large support from retail trader can make different now.

Coronavirus: Russia plans mass vaccination campaign in October

Russian health authorities are preparing to start a mass vaccination campaign against coronavirus in October, the health minister has said.

Russian media quoted Mikhail Murashko as saying that doctors and teachers would be the first to receive the vaccine.
Reuters, citing anonymous sources, said Russia's first potential vaccine would be approved by regulators this month.

https://www.bbc.com/news/world-europe-53621708

Breaking News: Russians finally get their vaccine.

this like a swap. a few months ago ex CFO Sapura joins Petronas. now ex CEO Petronas join Sapura. must be something interesting is in progress

looking at AirAsia daily chart, the chart always moving. so buy low, sell high

mantap Sapura

For a day trader or short term trader, they might lose a lot in this counter.

Who will take over a lot of departures slot in KLIA2 which is a hub of south east asia tourism ?

I am in travel agency business. I do not think a country like Malaysia whose depends a lot in tourism will let AirAsia collapse. Who will bring tourist to malaysia if this airlines collapse?

Moderna skyrockets 11% after receiving another $472 million of funding, starting Phase 3 trial of COVID-19 vaccine

Do not worry. Other player like Technip and Saipem also has this kind of Sapura chart. And this both two are recovering. Sapura will follow.

https://www.upstreamonline.com/field-development/front-runner-emerges-for-total-pipelay-job-off-qatar/2-1-842576


Front-runner emerges for Total pipelay job off Qatar
Leading Southeast Asian pipelay player likely to be chosen as preferred contractor for Al Khalij subsea project.

☝️SAPNRG?

https://www.upstreamonline.com/field-development/front-runner-emerges-for-total-pipelay-job-off-qatar/2-1-842576


Front-runner emerges for Total pipelay job off Qatar
Leading Southeast Asian pipelay player likely to be chosen as preferred contractor for Al Khalij subsea project.

☝️SAPNRG?

election is near. time to get outside funding for election campaign. government link counter will soar.

government need tourism. without AA, who will fly us?

sorry. June 2020

June 2019 buying volume is so high! I don’t think the price will go lower if June buyer’s keep their shares.

office in Putrajaya already closed. beware this counter.

This June 2020 buy volume is comparable to 2016 volume, just before uptrend rally. watch out on uptrend starting July 2020.

durians

Tengku Muhammad Taufik is former top management of Sapura Energy (Sapura Kencana)

oil reached usd 40 for first time since covid

today’s buying because of inter-state travel slowly permitted by MKN. And Thai government approved new terminal to increase tourism sector. Just my guess. hoho

Remdesivir authorized in Taiwan and Korea. Drugs can treatments Covid19.

positive news

KUALA LUMPUR (May 27): Captain Chester Voo Chee Soon has been appointed as the new chief executive officer (CEO) of the Civil Aviation Authority of Malaysia (CAAM) effective immediately.

Voo has been serving as the director of flight operations at AirAsia Bhd, a wholly-owned subsidiary of budget airline AirAsia Group Bhd. A check on Linkedin showed that Voo has been with AirAsia since March 2008.

i dont think will go to PN 17

PE value 8.26. All other fundamental indicator also positive compared to similar counter.

Etika Strategi Sdn Bhd is Syed Mokhtar investment company

i just assume one big container can have 1000 cartons of face mask. 1 carton = 40 box and 1 box = 50 pcs face mask. So you try calculate. Should one full container got 2 million face mask inside.

just calculate 1000 cartons face mask from China in airbus 330 have 2 million pcs face mask. but to charter flight is just probably RM 400k. So cost air shiping per 1 pcs face mask just only 20 cents for each face mask.

if we read about top 5 passenger airlines doing cargo in the world right now, all of them trying to put cargo in their passenger area just to make sure their flight still running and have business.

and read corporate structure of AirAsia Group. They got cargo business also. Cargo is less affected by this MCO and Covid. Their cargo business still running if i’m not mistaken.

If a big company in the region like airasia bankrupt, who will running air transportation? You should read about Virgin Group. Even Airbus and Boeng push US and UK government to give fund to Richard Branson. Because airport and tourism got business because these airliens

but domestic travel still need. next week Ramadhan for muslim starts. and after that Hari Raya. Sure this two event will give positive to AirAsia.

goverment surely will bailout Airasia. when MCO lifted, people will start travel. Of course no outbound travel to overseas and no inbound travel to our country.