fren...i never say I would buy at RM20...nor will it drop to RM10...u suggested so, not me

RM10 possible if bonus and rights ....hahaha

ya la singh..u put into Petgas last 5 years...now u want it back at RM10? u in daydream or nitemare?

Analysts looking at KLCI 1800 @ 15x PER for 2013...big caps are the favorites of the big funds...we go for growth stocks la...like u said oso, some laggards one too...

Gas Malaysia on Singh's super radar....hahaha

u better fly kite la singh

ya la...when someone like Singh says petgas is worth RM10 to him...Tanjung Rambutan is his best residence...he can watch and monitor the mkt from there...poor singh...he knows how to dance but don't know to sing...always wrong tempo wan...

if u have patience to wait and the guts to buy...I believe it's time to relook at the semicond sector again. The sector is almost out of the doldrum and is at the bottom of its cycle...

podah lah singh...

Posted by davesingh > Jan 3, 2013 09:28 AM | Report Abuse

just what price i want to buy it at la... nothing to do with you or anyone else here.. just i think its worth only rm10..

That's what u think singh...others think otherwise...u and your wishful thinking...

your RM10 Petgas is the same as your RM3 Digi...I can understand your dreams...just dreams...hahahaha

u cry blood oso u won't get that RM10 la singh...

The new CFO will likely help to build up gocean. Not an overnight task tho but I believe sth is in the pipeline. His vast experience in corporate finance surely is what Gocean needed. Not surprised if share price will fly again one day...

davesingh...petgas is 10x better than gasmsia la...

Posted by Bullish > Jan 2, 2013 06:40 PM | Report Abuse

TheStar reported GOcean is best Ace and Bursa performer.

It was reported that GOCEAN was up 400% last year

wow ... new property hup coming up...

2molo up wan...

big mama spends...O&G service providers get the benefits

oops

PETALING JAYA: Petroliam Nasional Bhd's US$60bil (RM186bil) capital expenditure over the next five years will underpin the oil and gas sector in the country with more offshore activities and contracts expected to be awarded in the second quarter.

The exploration and production (E&P) activities would continue and be viable, based on the current oil prices, according to RHB Research Institute.

It also expected the three-pronged strategy by Petronas would pinch the decline in production.

The strategies include enhancing oil recovery (EOR) at existing oilfields, development of marginal oilfields and adding its resource base.

Bloomberg data showed that the US light crude oil 8 sen lower at US$90.72 per barrel and Brent down by 48 sen at US$110.14 per barrel at 5pm yesterday.

OSK Research Institute said despite year-to-date crude production dropping 58% due to stop-order in Sudan, by enhancing its E&P activities, Petronas was targeting for long-term sustainable growth.

It also expected the supply for oil to surpass the demand level but oil price would remain steady about US$80 per barrel for next year due to the stimulus programme in western countries and tension in the Middle East. Petronas recorded seven discoveries of oil and gas in Malaysia for third quarter of 2012 - the Bidara, Gambir RDR, Kurma Manis-1, Berangan-1, Tembakau-1, Kluang North-2 and Tukau Timur Deep-1. Total discoveries so far in the year-to-date period stands at 21 new discoveries.

In December, Petronas awarded a production sharing contract for Block SB311 offshore Sabah (PSC) to ConocoPhillips Sabah Gas Ltd (40%), Shell Energy Asia Limited (30%) and Petronas Carigali Sdn Bhd (30%).

Furthermore, the company has completed a US$5.3bil takeover of Progress Energy Resource Corp.

Petronas year-on-year's net profit for its third quarter ended Sept 30 2012 declined by 21.95% to RM12.44bil while revenue dropped to RM68.3bil from RM71.8bil.

According to the company, the revenue for the third quarter declined primarily due to lower sales volume and the lower prices of crude oil, adding that crude oil sales volume decreased.

Good for O&G counters....

PETALING JAYA: Petroliam Nasional Bhd's US$60bil (RM186bil) capital expenditure over the next five years will underpin the oil and gas sector in the country with more offshore activities and contracts expected to be awarded in the second quarter.

The exploration and production (E&P) activities would continue and be viable, based on the current oil prices, according to RHB Research Institute.

It also expected the three-pronged strategy by Petronas would pinch the decline in production.

The strategies include enhancing oil recovery (EOR) at existing oilfields, development of marginal oilfields and adding its resource base.

Bloomberg data showed that the US light crude oil 8 sen lower at US$90.72 per barrel and Brent down by 48 sen at US$110.14 per barrel at 5pm yesterday.

OSK Research Institute said despite year-to-date crude production dropping 58% due to stop-order in Sudan, by enhancing its E&P activities, Petronas was targeting for long-term sustainable growth.

It also expected the supply for oil to surpass the demand level but oil price would remain steady about US$80 per barrel for next year due to the stimulus programme in western countries and tension in the Middle East. Petronas recorded seven discoveries of oil and gas in Malaysia for third quarter of 2012 - the Bidara, Gambir RDR, Kurma Manis-1, Berangan-1, Tembakau-1, Kluang North-2 and Tukau Timur Deep-1. Total discoveries so far in the year-to-date period stands at 21 new discoveries.

In December, Petronas awarded a production sharing contract for Block SB311 offshore Sabah (PSC) to ConocoPhillips Sabah Gas Ltd (40%), Shell Energy Asia Limited (30%) and Petronas Carigali Sdn Bhd (30%).

Furthermore, the company has completed a US$5.3bil takeover of Progress Energy Resource Corp.

Petronas year-on-year's net profit for its third quarter ended Sept 30 2012 declined by 21.95% to RM12.44bil while revenue dropped to RM68.3bil from RM71.8bil.

According to the company, the revenue for the third quarter declined primarily due to lower sales volume and the lower prices of crude oil, adding that crude oil sales volume decreased.

Posted by KC Loh > Jan 2, 2013 04:42 PM | Report Abuse

all Petronas related counters sure sink today on news of the parent company's big expenditure. US$60BN big gorilla!

http://biz.thestar.com.my/news/story.asp?file=/2013/1/2/business/12522869&sec=business

can wan la

most O&G counters up

common on perdana... time to fly...

nanana nanana hey hey hey, good bye 35

can't even cover my coffee money yet....

can't celebrate yet lor...

last 3 days daily volume only 10-11m shares/day compared to 20, 21 n 24 dec,39-45m shares....meaning trading volume has dropped la...less contra n forced selling after this

today last la for the 45m shares traded n 24 dec...last 3 days only 10-11m/day shares ma

wallup...makannnnnnnnnnn

got support la bro

forced selling in progress

Happy New Year 2013 to all G Oceaners...May GOcean flies as it enter 2013...cheers

today is the last forced selling day for the 45m shares traded on christmas eve, 24 Dec - price ranged between 0.205 and 0.25 and closed 0.215. Selling pressure was well-absorbed over the past 2 days with vol of 10-11m. Vol is thinning down as punters shy away...losing momentum. Surely they have another game plan...weak holders will definitely chicken out...

makannnnnnnnnnnn............

their strategy now is to phase out weak holders...no contras...

can't drop that low la

As I mentioned earlier, JCY is a sickening stock. To me I'd rather switch portfolio than wait for the stock to recover. Heartache if u wait and wait but never recover. There are plentiful of good trading stocks out there. Personally, I'm never faithful to a stock like JCY.If it underperforms, quit. Y wait? Sell and pick up other stocks.

like other stocks...this stock oso year-end goreng...

today +2.5 sen was year-end goreng...

Dear jumbo...u ain't got nothing else to say other than nonsense huh??? beat it man!!! go to mountain top or sea side n relax...or at least take a deep breath...pity on u...

On 27/12/2012, taiko Ng acquird 264,700 shares, raising his stake to 24.98%.

hope so...year-end bang...

holding well...selling pressure well-absorbed...resilient...

:) smile

:)

may not see 0.34 anymore after this...

hahaha

well supported...