exactly, normally people would want to sell at higher price, but Fri morning they pressed down the price in the first 1/2 hour, what is the intention ? Who knows maybe they are buying ?

to apple, I think you over estimate our capability :-). our combined share here in this forum is insignificant to put pressure on the price, you will need to call kwsp or pension fund to persuade them to sell

Authority can go to internet service provider to optain our IP address to hunt us if they want to, so dont just assume using a temp id is safe to comment anything.

Wow that's a bit racist bro

Malaysia-based oil and gas (O&G) outfit De Raj Group AG just got the requisite approvals for a listing on the Frankfurt Stock Exchange in Germany

Nothing is forever, oil wouldn't go down forever, they created fluctuation then only can make money.

Jn88 bro its seems it was planed, they big international player, they work with politician in collective way.

Why now Trump delcared Juruselam is the capital of Israel? Why now?

It seems some people already knew this is going to happened ? Or they plant this seed ? So they long the oil future in advance ?
http://www.chinapress.com.my/?p=1103467

It looks hate is spread and no peace for middle east, so next the oil price is going to rise again.....
http://www.channelnewsasia.com/news/asiapacific/thousands-of-muslims-in-asia-protest-against-trump-s-jerusalem-plan-9481448?cid=FBcna

Tension in middle east arised with Gaza and Isreal attacking each other.....
https://www.israelnationalnews.com/News/News.aspx/239070
https://www.washingtonpost.com/world/middle_east/palestinians-vent-their-fury-on-day-of-rage-against-trumps-jerusalem-move/2017/12/08/b89bed3a-db96-11e7-a241-0848315642d0_story.html

As long as crude oil maintain above USD 50, and now above USD 60, I bet it will recover

day trade and future ? the risk is even higher, don't recommend that

normally the analysis have disclaimer "for you reference only" something like that, that protecting themselves. Everyone is just projecting no one can 100% tell the direction otherwise wouldn't be sitting here, the fund manager wouldn't be fund manager, analyst wouldn't be sitting there writing his projection :-)

I noticed that the diff between public and fund manager is that public trade base on sentiment and emotional, why fund manager base on fundamental and analysis.

no doubt there are seller, that's why price fall, but at the same time there are buyer eat up that made the huge transaction done, just wonder why the buyer bought. Most likrly the buyer is kind enough to do some cherity :-0

not only that, they also said


Stable cash holdings remain. As at end-3QFY18, SAPE’s cash holding stands at RM1.9bn, with net-debt-to-equity ratio a slightly higher 1.26x sequentially (2QFY18: RM2.23bn and 1.18x respectively). In essence, the Group currently makes sufficient money from its operations to service debt repayments in addition to paying taxes, though it is of no great comfort to shareholders as there isn’t much left for dividend payments. With no immediate lumpy loan repayments needed over the next year or so, and with capital expenditure plans budgeted for, the Group should be able to navigate through the currently-challenging environment without much worry. On the back of expected operational improvements in subsequent financial years, and by extension cash flows, we see its financial position as healthy with no particular need for cash calls.

Kenanga said sell, MIDF said hold, PublicBank said buy

Mixed reaction fro analysis

Source: Kenanga Research - 8 Dec 2017
Downgrade to UNDERPERFORM call. Following substantial earnings cut, we downgrade the stock to UNDERPERFORM with lower TP of RM0.82 (from RM1.55 previously) pegged to lower PBV of 0.4x from 0.7x. This is despite the share price falling 40% YTD as we see further downside risk on: (i) increasing impairment risk for its drilling assets, and (ii) weakening operational cash flows (-RM200m in 3Q18) heightening financial risk (net gearing of 1.26x as of 3Q18) amidst uncertain timing of contract award. Such valuation trades below - 1.5S.D. to its 5-year mean pegged to the trough valuation of heavy asset upstream services players without immediate liquidation risk. Upside risks to our call; (i) unexpected sharp surge in oil prices and (ii) stronger-than-expected contract wins.

Source: MIDF Research - 8 Dec 2017
Downgrade to NEUTRAL. While we note that the broader industry climate is improving with crude oil prices sustaining at levels above USD60pb, we opine that SEB’s dismal earnings will continue to weigh heavily on its share price. In addition, its heavy asset base and large interest payments on debts will also further exacerbate the downward pressure on its stock price. With investor sentiments turning unfavourable, we are downgrading our stance on SEB to NEUTRAL with a revised target price of RM1.01 per share. Our TP is based on the company’s expected net book value.

Source: PublicInvest Research - 8 Dec 2017
Maintain Outperform. We believe SAPE is a strong operational and reputable player, enhanced by its contract wins to-date and its operations remaining on track. In this challenging period, the Group has put itself on a stronger financial footing which includes right-sizing the organization for better efficiencies, which we believe would continue to help weather them through these current conditions. Our Outperform view on SAPE is maintained as we continue to like its long-term prospects supported by its ability to offer integrated services. Our TP is a lower RM1.69 (previously RM1.95) based on our blended SOP valuation, as we take a more conservative stance in light of the current operating environment.

at 3:22PM, all the seller who queue suddenly missing

current price is attractive leh, anyone considering.....

wow, this is really insane, there are people sell and at the same time there are buyer that make the trade successful

UMWOG is not bearish, but sentiment for the overall oil market is turn bearish

bad timing !

If people want it to go down, you need to provide a reason for it be down. It will go down if world crude oil going down, as simple as that, But currently the crude oil is heading north

worst is over, so it is expected to slowly climb up, be patience

If it is true that speculator is "long" the crude future contract that expired before Christmas, then it is going up for quite sure

agreed it is a bet, trade stock is a bet, you bet it up or down.
Next we look at surrounding factors, we need to give it a reason to predict it up or down. World crude oil is recovered, Company is in better shape with its debt problem they have solution with right issue.

I am a bit conservative :-0

if crude oil can maintain above USD 60 lagi bagus, crude oil above 70 for sure oil company will make profit

just keep an eye on the price of international crude oil, as long as crude oil can maintain above USD 50 oil company will survive

the one that really and likely going down is alam maritam still in red, every other counter already turn around when oil price recovered. So if you own alam you have a decision to make

when the big fish want to push it down, a few of them pakat to push it down, like wise when they want to push it up, there is no way you can stop them

swim against the main stream will be challenging, jia you jia you :-0

good luck people !

pick an oil counter of your own choice, as long as it not going to chap-lap, keep it, the chance of making money is quite high

there was one time hibiscus was very cloudy even drop to 15 cent, today see how it perform. I bought it, I bought low and I sold low too....sigh !

Limit up is not likely lah bro, but the worst for oil market is over, they took action (right issue) to solve their debt, so the worst for this counter is over too !

big player is manIpulating the market, we small fish taking free ride

Read this
http://www.chinapress.com.my/?p=1103467

Looks, there are people long the oil future contract, and all the news that came out is good news, so what do you think ?

https://finance.yahoo.com/news/crude-prices-settle-higher-opec-210700481.html

as long as oil above 50 their business can sustain, oil above 60 is even better result quite sure will green

so that's meant people is anticipating oil continue to go up

read this if you understand mandarin, big future lots was traded at USD71, USD80 and USD85
http://www.chinapress.com.my/?p=1103467

seller is asking you, how many you want ? he can give right away

need to wait for seller completely sell his portion or else it wouldn't move even though oil up to USD 70

shark accumulating