Share has been consolidating for many months.

Volume has spiked . Trend is likely up. First resistance is at 0.12

http://www.theedgemarkets.com/en/article/drb-hicom-malakoff-perduren-kub-astro-mulpha-vs-industry-and-osk-property

Unusual volume today. WHAT IS HAPPENING ??

Positive news for Mulpha

http://www.theedgemarkets.com/my/article/divestment-local-property-arm-sharpen-mulpha%E2%80%99s-focus-australian-venture

Stock has been consolidating at this level 0.09-0.095 for some time. Rebound imminent.

Brent crude rebounded about 3 %. Augurs well for O&G counters. Perisai will rebound likewise

Historical low at 0.13-0.135

Trend is down. Big volume for past two days but it seems like a major shareholder is unloading. Strong support at 0.12

First resistance 0.16

DOWNTREND. Further weakness expected. NEXT SUPPORT 0.61


TMC Life Sciences may experience further correction after closing below the MYR0.69 level. Traders may expect further weakness if the stock stays below this level in the near term, with the next support level anticipated at MY0.655, followed by MYR0.61. The stock may trade sideways if it recovers back above MYR0.69, while bullish bias is likely to return if it recovers above the MYR0.74 level.

Source: RHB

First Resistance is 0.13

RHB RESEARCH

Mulpha International may rebound further after climbing back above the MYR0.38 level, although it is only briefly above the 100-day MAV line. Traders may buy as a bullish bias could be present above this threshold, with a target price of MYR0.435. The stock may consolidate further if it cannot sustain above the MYR0.38mark. In this case, further support is anticipated at MYR0.355, where traders can exit upon a breach.

RA losing money for the past years. Latest results VERY BAD. Support at 0.02.

The facts are simple and very negative.

Major shareholders, Billion Power and the directors have been dumping their shares by the ten of millions over the past few weeks.

This stock is very risky to hold or buy.

PUBLIC INVEST RESEARCH: DAYA TARGET PRICE 0.25

We thus maintain our Neutral call with a rerated TP of RM0.25 premised on our FY15F EPS of 2.5sen, pegged to a 10.0x PE. We have adjusted our earnings estimates to account for the higher costs going forward. Daya’s performance despite the re-rating, is supported by SD1 and SD2 tied to LT charters coupled with upside from its growing technical services and polymer divisions to meet our FY15F estimates.

DOWNTREND. Seems like making new low every week.

Don't forget the private placement just recently was at 16.5 sen. I think the RI should be around this price

Likely this counter will be the last to shoot up soon after all O&G counters are already up.

This is a very strange oil & gas counter. All other counters up except this . WHY ?

Uptrend. First Resistance 0.105

Target RM0.63 (Stock Rating: ADD) : CIMB

What You Should Do
We advise investors to accumulate Perisai shares. In our 30 Dec 2014 sector report, we conservatively removed two idle assets, namely mobile offshore production unit Rubicone and pipelay barge E3, from our forecasts. Should management secure contracts for these assets, the swing in earnings would be substantial.

First resistance 0.18

PUBLIC BANK
Stock : DAYA Price Target : 0.25 | Price Call : HOLD
Last Price : 0.16

We thus maintain our Neutral call with a rerated TP of RM0.25 premised on our FY15F EPS of 2.5sen, pegged to a 10.0x PE. We have adjusted our earnings estimates to account for the higher costs going forward. Daya’s performance despite the re-rating, is supported by SD1 and SD2 tied to LT charters coupled with upside from its growing technical services and polymer divisions to meet our FY15F estimates.

Any reason why Daya being sold down in huge volume ??

Volume increasing lately Trend likely up.

First resistance :0.18

Tdex NTA is low at 6 sen. A risky trade.

Target RM0.63 (Stock Rating: ADD)

What You Should Do

We advise investors to accumulate Perisai shares. In our 30 Dec 2014 sector report, we conservatively removed two idle assets, namely mobile offshore production unit Rubicone and pipelay barge E3, from our forecasts. Should management secure contracts for these assets, the swing in earnings would be substantial.

Source: CIMB Daybreak - 09 January 2015, Full PDF Report

O&G counters on the uptrend as Crude oil futures price rebounding.

PUBLIC BANK : DAYA target price : 0.25

We thus maintain our Neutral call with a rerated TP of RM0.25 premised on our FY15F EPS of 2.5sen, pegged to a 10.0x PE. We have adjusted our earnings estimates to account for the higher costs going forward. Daya’s performance despite the re-rating, is supported by SD1 and SD2 tied to LT charters coupled with upside from its growing technical services and polymer divisions to meet our FY15F estimates.

PUBLIC BANK RESEARCH: DAYA TARGET PRICE : 0.25

We thus maintain our Neutral call with a rerated TP of RM0.25 premised on our FY15F EPS of 2.5sen, pegged to a 10.0x PE. We have adjusted our earnings estimates to account for the higher costs going forward. Daya’s performance despite the re-rating, is supported by SD1 and SD2 tied to LT charters coupled with upside from its growing technical services and polymer divisions to meet our FY15F estimates.

Less than 5% no need to announced to Bursa

GOOD NEWS !

Read below : EPF and others bought substantial shares in REACH.

http://www.thestar.com.my/Business/Business-News/2014/12/15/EPF-and-other-funds-buy-stakes-in-Reach-Energy/?style=biz

Most O&G counters oversold. Next week Scomi will likely rebound 3-4 sen

Based on past trading records, Reach WA should be 14.5 sen when Reach is 59 sen.

latest : good profit 3.089 million .

I observed today the selling is drying up. Share grossly oversold. Profitable. The share should rebound by Friday.

Good announcement QA ??

Grossly oversold. Now Rebounding. Strong Resistance at 0.35

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=406081:shock-54-plunge-in-stock-price-deutsche-advises-caution-over-vincent-tans-mol-global&Itemid=3#axzz3Jz1OdR6w

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1 Revenue
463,226
384,609
877,351
762,102
2 Profit/(loss) before tax
20,736
19,110
47,800
34,558
3 Profit/(loss) for the period
12,497
11,479
31,025
17,773
4 Profit/(loss) attributable to ordinary equity holders of the parent
5,914
3,309
17,256
4,787
5 Basic earnings/(loss) per share (Subunit)
0.38
0.21
1.11
0.31
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.4000
0.3900

You are right . The trend is up now !

Rebound likely tomorrow. First resistance 0.19. If break, next resistance 0.22.

Finally some concrete steps taken for QA.

Share will rebound tomorrow.

This is the best time for QA as oil price is at the 4 years low and Company can negotiate for a better deal.

LATEST GOOD NEWS : REACH ENERGY appointing advisors for Potential QA:

PRICE OF SHARE SHOULD REBOUND

The Board of Directors of REB wishes to announce that the Company had on 5th November 2014 appointed the following advisors:-

i) BNP Paribas Capital (Malaysia) Sdn Bhd ("BNPP") to act as REB's International Financial Advisor in relation to its potential Qualifying Acquisition ("QA"). BNPP's scope of work includes advisory role and support to REB in respect of due diligence, valuation, structuring and negotiations pertaining to certain QA targets; and

ii) SKRINE Advocates & Solicitors ("SKRINE") to act as REB's Legal Advisor for the provision of legal services in REB's QA transaction. SKRINE's scope of work includes advising on the Malaysian legal and regulatory requirements on the operations and obligations of REB in respect of the QA and to support REB in the QA due diligence exercise.

This announcement is dated 6th November 2014.

LATEST GOOD NEWS : REACH ENERGY appointing advisors for Potential QA:


The Board of Directors of REB wishes to announce that the Company had on 5th November 2014 appointed the following advisors:-

i) BNP Paribas Capital (Malaysia) Sdn Bhd ("BNPP") to act as REB's International Financial Advisor in relation to its potential Qualifying Acquisition ("QA"). BNPP's scope of work includes advisory role and support to REB in respect of due diligence, valuation, structuring and negotiations pertaining to certain QA targets; and

ii) SKRINE Advocates & Solicitors ("SKRINE") to act as REB's Legal Advisor for the provision of legal services in REB's QA transaction. SKRINE's scope of work includes advising on the Malaysian legal and regulatory requirements on the operations and obligations of REB in respect of the QA and to support REB in the QA due diligence exercise.

This announcement is dated 6th November 2014.

Technically stock not good. Price barrier at 0.045 easily broken. Big seller throwing. Will tomorrow 0.04 price be gone ??

Agree with you SDR245.

Financial results out towards end of this month.

Should be very good results as previous 3 Q profitable.

Company turning around. Share price should move in tandem.

Should be up 1 or 2 sen . 0.06-0.07 soon.

Up up and away !!

Agree. Stock moving up. Watch out and BUY the warrant, Tiger-WB 0.05. Cheaper entry price.

The tiger has rested enough. It's waking up now. closed .14. Tomorrow 0.145- 0.15

Agree with you Alpha Trader.

This is VERY good news from Bloomberg! Crude oil price decline will benefit Reach.

Next week Reach will definitely rebound strongly !