During this turbulence time, there is a need to have a good leader especially with the proven success story for the past. The leaders of Airasia have proven that their leaderships have able to at least sustained the going concern of the company from the passed few crisis. With the experience they have, strongly believe there might be some plans ahead which are not implemented or announced yet.

It is just a few steps further for Airasia to be great again as the COVID 19 situation has became clearer day by day as the mutation is not as deadly as compared to previous. Perhaps this will be the final round of mutation transplant which all countries around the world have been waiting for opening up their air to revive the tourism industry again.

The ultimate point is to choose for a company with a good management team especially in this tough investment situation and maintain for long term goal instead of short term which the golden periods already closed.

Shall see that this counter will leave the penny stocks category soon towards the 2nd half of the year.

Happy invest guys!!!

Strong resistance at RM0.50 once broken it will fly to sky. Can see clearly this counter is not fried by the same team of other glove counters. Strongly believe once it breaks all the major resistance levels, those people will switch to K1 as it is still way undervalue and the shareholders are really very low profile as they don't intend to let the counter fly like glove stocks....we need more power to push this through!!!

For long term definitely this is a star of the future in oil and gas industry. Having said that it is not the right time to enter especially there isn"t any clear direction from the global oil industry unless Saudi agreed to form a larger cartel that include shale oil players from USA and Canada to commence a meaningful cut of production. This seems to be very lengthy and perhaps it will only happen when the Brent oil drop to $20 or below for some times. Keep our fingers crossed that this oil turbulence periods will not prolong to years like before as our cowboy Trump for sure will 8nterfere in order to safe the shape players and avoid another credit crunch in the USA especially the fired economy has been really impacted by 5he vivid 19.
I am waiting to see this counter to retest the previous low in order to reenter as if will definitely be tested again due to the current USA situation as the worst is yet to come!

There will be no hope that the crude oil price will bounce back soonest as the price war has been kicked off. The oil price has not yet dropped intensively especially when the price war has not really reflected in the crude oil price.

The drop will on end when there is a confirmation of extensive cut from the OPEC and OPEC+ been resolved. Otherwise, no matter how the DJI or crude oil price rebounded is meaningless as it is merely a dead cat bounce.

Similar to the COVID-19, when the world is able to control and contain the spread or the successful in developing the vaccine then only the market will slowly bounce back firmly.

The worst is yet to come especially on the crude price which will not be resolved within one or two months unless miracle happened.

Most of the big sharks have sold their shares due to yesterday turbulence on oil price. The dust has been settled, moving forward fundamental will be the key catalyst for this counter to move on.

It is glad that the big sharks have sold off their shares which eventually can create a more healthy and organic environment for this counter to grow.

The scenario is similar to JAKS which the counter has tremendously come back after the heavy sell off by the big sharks. Further, the advantage is the owner of the company can has more freedom and bargaining power to control the movement of the counter.

Dayang is a growing stocks which no one should deny. Moving forward I believe it will be the chance for the retail investor to reap fruits from this counter as the big sharks have ran off.

Keep our finger cross that the oil price war will not happen and the Russian will come back to the round table for further discussion on compromising a cut deal with the saudi. Unless, there will be a doom day for the oil and gas industry also the global economy.

All the best to us and happy trading!!!

The government is currently to clean up all the hot monies in the market that's why the outflow of foreign funds have increased day by day. There would not be much changes to the market until early of next year as the global market is very soft especially this week the fed is planning to raise rate.

Next year will be a brighter year as the trade war very high chance to be settled due to both of the big economies are dragging down the drain at the moment.

Trump is a genuine businessman, he will not let the American to die and push the US economy into recession likewise China also the same it is just that who is willing to tolerate and make the first move which China is doing now.

For Malaysia, the government definitely has to focus more on economy next year as they have been in the government for rest of second half this year which mostly concentrated on politics and clean up jobs. Of course, not all policies are effective.

TM is an experience and smart guy as he will not make any move without 100% winning chance that is the reason behind to obtain 2/3 control power of Parliament which can only ensure the enforcement of the changes of their manifesto. This has been stated publicly by him before.

It is really doesn't make sense that the government would mot concentrate on economy next year as most of the Malaysian are suffering now due to low business sentiment unless the PH would like to push the country into recession and people will definitely vote them out in next GE.

The situation will be same like those days under TM's administration like people always said old dog same trick.

The motion by current government is good to pair down the debts but perhaps is too stiff as they want to reduce the huge debts within two years. unless, there is totally no growth in the sector except the economy is some driven by consumer spending which is ridiculous and not happening. in fact, the acts have tremendous my distracted the investment sentiment by now. Who will dare to tender especially foreign company with low margin and do business with a u turn minister?!!

This is Malaysia no matter who is the government now as they never learn the lesson whom don't have far eyesight. See our highway will know if compare with other countries. when come to big project, it should be built to cater for at least ten years population and not short term.

At the time when the market is bad and dropped in share prices, most of the people will commence to withdraw and shout. Look at current situation especially due to the global issues that we are facing on the sanction of Iran oil and trade war between the two biggest economies in the world, one must be reminded that the global oil price may rise above USD80 or even reach the level of USD100 per barrel.

During that moment, people will shout again and commence to blame on missing the boat as they have to enter at a higher price.

Sapura group is famous in surviving from corporate restructuring. If I am not wrong this group has been restructured before Sapuracrest's time. Look at the history, it is better for a company that willing to restructure in order to avoid being delisted from the market rather than some companies which are doing nothing that have cheated the public die hard money.

In the long run I believe the Oil & Gas counter will shine again as more projects will be awarded due to the high demand and rise of global oil price.

this is too big to fall!!! government wouldn't let the oil company to go bankrupt just like perisai cause the bank will be badly hit!!!

This is a very stable counter with fundamental backed. Even this counter is at downtrend but it will rise to be a superstar especially next year as the global oil price is stabling and will go up sharply.

This is a very cunning counter as majority of the shares are hold by the political linked family. If one has to make money from this counter, you have to enter at the lowest possible point and hold it for long term. This counter is not suitable for contra play unless you are not greed enough.

Now the price is at the golden cross point which is RM 0.945. If Monday this level broken, it will be a doom day for this counter as it will slowly drop back to RM 0.60 or below. If not, there will be another round which is final before the GE14 also taking into consideration there isn't any major geopolitical issues happened.

Happy trading...and good luck!

syndicate is selling and force all the small fish to sell. This stock is preforming very abnormal compared to last time especially the volume has been tremendously huge since it started to pick up until to date. Averagely at least 300K transacted daily as those days not even 100K.

As so many support levels have been broken, let's keep our finger cross that it will rebound soon until the whole market speculation sentiment is back. Aiming for October budget month. Cheers.....

As mentioned before if the stock can stay above MA20, the uptrend is intact!

this is a political linked counter as not many people aware who is the big boss behind. I strongly believe something is brewing behind as it has surged extraordinary based on previous chart performance. if it can hold above ma 20 next week, the uptrend is intact! I owned this counter since the inception date until now not yet sell

my cost is at 0.69, thinking to top up more at current price and keep for long term. mbsb definitely will surge especially the government is pushing hard to develop the Islamic banking industry. by that time, mbsb value will be double or even triple from current price as there are not many full fledged of Islamic bank in Malaysia at this moment . further, pnb is also planning to spin off the Islamic section of maybank in the near term!

The price is almost peak for now. Only known that good dividend payout this round, perhaps the news will out soon.

Time to fly then...cheers.

Everybody only guessing of Iwcity, malton, mrcb and spsetia. End result might be another surprise reputable consortium like Gamuda.....cheers!

For a listed company to have rights issue to raise fund from the public there must be a purpose and with valid evidence in order to get the authority to approve.

If Kgroups' directors are so stupid to use this method for cheating the public funds then they are playing with fire as it will not only burn their own hands but also the whole company.

The terminology in market is buy when news not published and sell on strength when news announced.

Personally I don't think this company will go bankrupt anytime soon. It just a manipulation method by the directors to reduce the market share on the public before the rights issue traded unless there is something bad due to the company or management which the public not yet known.

Classic example like GHL System, the share price dropped drastically a day before the news announced. The implication behind is very significant as the major shareholders wanted to acquire more shares through the open market.

This statement is not to entice anyone to buy or sell Kgroup shares as it is for sharing purposes.

The empire is falling....... see you at RM 1.08!!!

Don't be too excited. Today shown some funds already started to off load. Even the index is up, but many funds have started to channel out their cash.

KYY has been quiet for these few days especially today after the announcement on the private placement. Expect next week will commence the downtrend, be careful it will drop sharply like last time.

Time to get ready to catch the falling knife if you dare before any major announcement or corporate exercise to kick in.

Someone has started to off load this share today.......will wait and see to buy back again next week after a good profit.

My 2 cents opinion, KLCI will boom once the RM started to stabilize and appreciate! AA will definitely fly by then....just waiting for the right moment!

Don't forget, the PRU14 play has not started yet!

One has to be really careful now as RM continued its slide compare to USD. The whole market sentiment will be derailed if this situation not change in December and we can't even have windows dressing for this year. Thus, with all the good news in AA but the share price still depressing it has proven that if the aforesaid situation don't change no matter how great of the news is really can't help.

I will foresee the bear market to come back after so many years of bull trend! Beware everybody, I really hope I am wrong as I am still waiting AA to fly back to RM3 above to jump ship.

Happy trading!!!

Based on the prospect of airline passengers volume, it is fair enough to estimate the airline industry can continuously ripping profit for this and next year especially during the low oil price environment. The most recent worldwide passenger traffic report has indicated that there was an increased of passenger number for the past few months.

With this figure, AA quarterly result should be fantastic without fail. But to say the share price already reflected the result it is a fair comment but it doesn't mean AA price will keep falling back to penny stock level as there isn't any bad news on airline industry at the moment.

These days shortfall was due to a constant strong run for these long periods and it should be considered as a healthy pull back which I foresee the target of RM3.50 will be coming soon by the time when the quarterly report is released.

Don't forget, this is a very cunning counter as the shareholder is very smart in attracting the investor's attention especially in building up the bull run momentum of the share price. One has to be very cleared and smart in playing this counter.

All the big sharks have released and ripped profits for these days and they will come back again for the second bull run which the day is not short.

Happy investing to all of you! I am waiting to jump ship once the share price touch RM3.50 to RM3.55, good luck!

It is time to re-look into the oil and gas industry. Glad to see that most of the O&G counters have came down from the most recent high. In fact, some of the counters have down below the recent low during the world oil price was at USD 27 per barrel.

Time has proven that the strategy applied by OPEC has effectively strike out the non-OPEC producers. It is time for the awaken of O&G counter and time for the EMPIRE TO STRIKE BACK!

By writing this comment, I have started to pick up some of the O&G counters slowly and sit back with my seat belt tight to wait for the plane to take off. Perhaps by next year we will be able to reap fruit and commenced shouting for USD 100 per barrel again!!!

Time will prove!

Today CNBC mentioned the OPEC is going to kill off the shale oil producer by dumping oil price to USD30. By then, this will definitely reduce the shale oil company in extraction activities due to tight cash flows. The US economy will soon be derailed due to this as the fund loaned to the shale oil company is quite substantial. Perhaps during that time, some of the companies will go bankrupt then this will reflect positively to the brent price. Anyhow, this is a chicken and egg games. If the shale oil company bankrupt, the US might need the QE4!!!

My 2 cents advice, this round persists to be the best opportunity to go for long on oil and gas stocks as plenty counters have commenced to drop back to the initial low price when the first brent price dropped from US100. This can be proven by the GLC investment arm like KWAP and EPF, they are just keep buying......WHY especially during this moment??? The next bull leg, O&G will definitely into played again!!!

Let's see whether this counter will breach RM2 as the strongest support is at RM2!!!

All the best to all of us! Happy trading!

The departure of Mr. M seems good to SKP because he is just an opportunist and not very concerned on the business management. He is more concerned on the price value of SKP instead of the long term business growth. Reason being he needs a good share price performance to sustain his status in the ranking of richest businessman in Malaysia. His resignation has implied as a good opportunity for him as a genuine investor yet outsider to accumulate further SKP shares and push up the share price more easily without any regulation constraint.
Bear in mind, if you are Mr. M with a total shareholding interest of > 15% what would you do? Will you sell at current price which is almost half of the discounted price from the previous peak?!
I foresee there will be another peak for this counter in the coming months especially the brent crude has stabilized and with more analyst forecasting the brent crude will rise in the next few months.
Also, I have heard that SKP got a long list of insurance coverage for the pending projects which are in progress for the insurance company to process the policy. Do you think this counter will still tank???
I personally are in doubt of that. Happy trading!

Just a reminder, there will always be an uphill and downhill moment in investment just like our life. For SKPetro, if the WTI fall until US$60 definitely it will fall until RM1.80 exactly at the price before its share price boomed. Having said that, if WTI fall to US$60 wouldn't you think Saudi will take drastic action as the situation will eventually create another crisis especially to all the O&G companies in this world. In fact, with the emergence of Shale Gas US is still well rely on oil especially there are a few big oil company in Dow Jones. If they failed, it will create a scenario like Dot Com crisis.....chain of reaction will prevail.

In fact, commodities still consider the jewels in this world as most of the scarcity is still relied on these resources.

Today KLSE has dropped another 20+ points that had broken the support at 1760 but with lower volume compared to prior days sell down. I personally believe that most of the hedge funds have sold off their shares in KLSE and if I am not wrong there will only be 10% to 20% left. Well, I still foresee the KLSE to consolidate for another few more days ahead with lower volume and subsequently follow through with a rebound or some sort of stability. Looking ahead for the santa clause rally hopefully will bring joys to us until next CNY! Happy trading!!!

This counter has been sustaining within this range for some times. EPF has started to accumulate back this counter since mid of this year. For sure there will be some new developments on the water restructuring again....definitely it will fly within the next few months toward year end. Keep your finger cross!!!

EPF have been actively accumulating this counter within the week. They have started to swap the shares which have been bought during the last crisis and through few corporate exercise. Perhaps this round would be true, they will push the share price surpass the targeted price above RM5 per piece by early of next year. Let's see.......

It seems very weird that everytime this stock rise up the selling pressure will evaporate. Suspect Seadrill is again dwindling down the shareholding power.......Anyone from this forum has the insider news on the corporate strategy of this counter? Please share.

Last week plenty of speculations especially on the winding up of MAS. Unfortunately, it seems that this scenario would be materialized. Strong support by the local funds especially the creditors as they will be making huge losses if MAS is to be wound up. Target back to 20 cents and above by end of the month. Happy trading!!!

Seems like the corporate exercise is under way again. Perhaps this will be more related to raising funds as they have just secured the loan for the newfield acquisition. This round should be focused on debt restructuring. May be on the right issues to raise capital especially they don't have the backing of previous kencana's director for now. Orelse, they might planning to consolidate the share to push up the share value in order to have better financial borrowing just like KNM. Cheers.....

Should buy more yesterday at 15.5 cts. Soon will break 20 cts......waiting to get more at 16.5 cts today!

Why these days it is not moving? Any news?

Bankruptcy will rarely happened. Just like proton lastime. Same scenario here. This is only another speculation hit out to let the big players to fish more cheaper stocks! Huge volume today with support at 15 cts. Can't even break through......sure will bounce back to 20 cts this week. Happy trading!!!

Today BNM has announced SKPetro can proceed with the amount of loan for the acquisition of Newfield. This means the takeover deal can be concluded soon and re-rating has just kicked start for the share price. It is good if we can see the company willing to pare down its debts through corporate exercise like Yinson. Even this will dilute the share price but it seems to be a healthy move as for longer term the company will be more sustainable especially more projects to be awarded as compare to Yinson which required the cash call to repay the loan and the business model hasn't matured yet. The only difference is how far can the share price be appreciated if there is another round of cash call? Hopefully, it can be reacted like Yinson with 200% surged of share price!

Just to share: I have bought this counter during the financial crisis occurred in 2007. I have missed the boat when the share price fall below RM1.00. Along the road, I managed to enjoyed the bonus share after the merging with Kencana. This has not been discounted on the initial capital gain which I have enjoyed before the bonus issued. At this moment, my average price per share is equal to RM0.97. The point here is that due to the company strong and ambitious management team, I can foresee that this counter will be another gems in Oil & Gas. Perhaps, time is the essence as most of the lovers of this counter are waiting for the price to shoot up further. Anyhow, I would strongly recommend this counter due to its solidarity growth and ambitious direction.

With some good news from other resources, it seems like after this consolidation phase the news will pop up and that would be the best moment to liquidate the shares. Perhaps the news on spinning off the business to trust can be materialized. This should be a great booster to the share price no matter end of the day it is a right issue cum with warrant or bonus share. I believe it will be more to rights issue as they have just did the bonus issue previously. Do keep our finger cross....unless there is another round of financial crisis,

Thx Kingcobra. But i don't totally agreed even SKP has more market cap compared to the other two. Perhaps is due to the top management decision which has curbed the price rising. Like Yinson, it is controlled by our Datuk Mozhani. He is he corporate figure whose always like to fry something. Reason why he became non-exec director, perhaps due to this reason.......anyhow, this stocks will fly higher and higher in the next few months. Target price RM5.50 for 1st quarter.

anybody know why this counter cant perform like yinson or uzma even with plenty of projects and merger acquisition?