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6 hours ago | Report Abuse
So what happen tomorrow, can sell down to 3.50? I will cut more losses.
12 hours ago | Report Abuse
https://www.freemalaysiatoday.com/category/nation/2024/11/12/rafizi-rules-out-vehicle-ownership-cash-transfers-for-ron95-subsidy/
PH government still busy splitting hairs over subsidies while oblivion about the backyard already catches fire.
Subsidies gains is peanut while losing tens of billions in future budget. Man, these PH stooges need to go back to school and learn to do maths again.
12 hours ago | Report Abuse
Anwar need to intervene and stop the take over let the matter settle in court. If Anwar simply let god decide, then PH will lose badly in the next election, they are simply incompetent. Malaysia is on a slippery slope going down hill ever since PH tried to take over Putrajaya. The public thought good times will come but greeted with chaos and calamity one after another. What happened to Malaysia for the past decade is simply not worth it.
12 hours ago | Report Abuse
Maybe court battle is the only way, Petronas must opt for this route as it will delay the take over as long as possible in the order to minimise the impact.
13 hours ago | Report Abuse
https://www.dagangnews.com/article/terkini/petronas-petros-negotiation-may-have-broken-down-putrajaya-intervene-44505
Omg, this is going to be very ugly and affect everyone if Petronas loses.
17 hours ago | Report Abuse
I have cut loss finally, I will cut more if it drops further to 3.50. Sakit hati 😑
1 day ago | Report Abuse
It is creeping down to my cut loss price of 3.80. I will cut loss as I promised if it really hit 3.80. Sakit hati 😥
1 day ago | Report Abuse
Why PN suddenly make defensive public statements? Must be under fire from MACC investigation, desperately need to counter attack. MACC must be knocking on PN door everyday, raiding and dragging people to questioning.
2 days ago | Report Abuse
To be honest, Anwar is appear to be really weak compares to Dr M on this matter. Abang Joe literally walk all over Anwar. Will he continue to be the weak man of Malaysia or will he respond?
2 days ago | Report Abuse
If this happens in Texas, the US government might send in the US military to prevent unlawful seizing of assets.
In our case, Putrajaya is unlikely to act, this leaves Petronas on its own on this fight. What will they do now?
2 days ago | Report Abuse
The impact should reflect on Petronas related companies like petgas petdag and pchem etc in the final quarter of 2024.
2 days ago | Report Abuse
Abang Johari intentionally plays down Sarawak Gas revenue and profits to calm the critics and public
https://www.freemalaysiatoday.com/category/nation/2024/11/10/abang-jo-ready-to-defend-sarawaks-gas-rights-in-court/
In my opinion, given the magnitude of the impact on Petronas, the company should not go down without a fight.
Petronas is in serious trouble taking RM 100 billions revenue and RM 30 billions profit cut.
2 days ago | Report Abuse
Petronas, Malaysia's national oil company, generates a significant portion of its revenue from Sarawak, including the state's liquified natural gas (LNG) exports:
LNG exports
Sarawak accounts for almost 90% of Malaysia's LNG exports, and Petronas has the sole right to buy and sell the resource. In 2023, 403 LNG cargoes were delivered from the Petronas LNG Complex in Bintulu, Sarawak.
Gas segment
In 2023, Petronas' gas segment contributed about RM101 billion in revenue and RM30 billion in total profits.
Revenue from oil and gas
Sarawak shares revenue from its oil and gas resources with Petronas and the federal government. The revenue is split equally between Petronas Carigali Sdn Bhd (PCSB) and state-owned Petroleum Sarawak Berhad (Petros).
3 days ago | Report Abuse
Only 4.5 sens dividend 🤣 and it will free fall after ex date, not worth it.
3 days ago | Report Abuse
Taurx worth 15 billion USD by itself? Have to wait till taurx medicine gone to market then it's value will quadruple? I think it's a good bet to wait. Only 1.5 months till 2025. The news will come soon enough. Get ready to double/triple/quadruple up?
4 days ago | Report Abuse
Some unknown VIP won SGD 50+ million from Genting SG?
4 days ago | Report Abuse
Petronas should stop sponsoring F1, UK US Australia and Germany tried to support Sulu to seize Petronas assets.
4 days ago | Report Abuse
No, I will only cut loss when 3.80, any big short please help end my suffering.
5 days ago | Report Abuse
I am throwing my Genting shares, my cut loss is 3.80. please help end my misery.
5 days ago | Report Abuse
Your friend cut loss already, but I'm still hanging on. I will cut loss at 3.90, very depressing now. Anyone big short can help end my suffering?
5 days ago | Report Abuse
@Riaz I believe France is still have some good in them and can be counted on still.
5 days ago | Report Abuse
Malaysia government could save billions by restricting Petronas sponsor program. But they choose to cut subsidies instead. Malaysia and Petronas like to sark white people kok, while let countrymen starve and live frugally so they have money to party with white people. What a joke!!!!
5 days ago | Report Abuse
Ironically, Petronas is the biggest sponsor for UK F1 team, they paid Lewis Hamilton and team billions over the years. They turn around tried to steal Petronas assets. UK is one big mfker!!! Petronas should pull the sponsor program for F1 entirely.
5 days ago | Report Abuse
Be careful of 5 eyes nations, they are not friend of Malaysia
5 days ago | Report Abuse
You guessed it!! It is our former colonizers from UK US Australia and Germany
https://www.therium.com/our-people/
Fking 2 face UK led the pack against Malaysia!!!!
5 days ago | Report Abuse
Malaysia won case against Sulu fake heir.
https://www.thestar.com.my/news/nation/2024/11/06/so-called-sulu-heirs-fail-in-final-bid-to-challenge-french-ruling
Let me show you who are the backers of Sulu against Malaysia.
5 days ago | Report Abuse
MAGA stock market skyrocket only 1 day show it seems, both Russia and China didn't congratulate Trump. I think they already sense that the Trump nightmare just only started.
6 days ago | Report Abuse
I am hopeful that Trump and his team especially Elon and Kennedy will crush at least 2 things. Big pharma/Corrupt Healthcare /Force vaccination epidemic and mental illness/ epidemic/methamphetamine epidemic/LGBTQ epidemic
Those are the real epidemics that need to be addressed before they become a global pandemic.
US should change their foreign policy, aim to race their competition to the top instead of racing them to the bottom. Foreign economic distabilization and wars should not be the main agenda of US foreign policy, that will only lead to global conflict and will not end well for all of global citizens.
It is not an easy task, the world is big enough for US Russia China and all of us. Stop fighting and work together to solve problems may it be, overpopulation, renewable resources, nuclear non proliferation etc. All can be resolved wisely without conflict and wars.
6 days ago | Report Abuse
Trump won but pchem no crash? Pchem drop for no reason lol?
6 days ago | Report Abuse
Have to rule out US civil war as the next black swan event. Since RF Kennedy will be the new trump's health advisor, he will correct all US corrupting health care system especially the big pharma and vaccine injury/force vaccination problems.
There won't be any plandemic in the next 4 years. Have to rule out new plandemic as well.
What will be the next black swan event?
6 days ago | Report Abuse
Trump won, no civil war, end of Ukraine war. Zzz, I can't hit my cut loss target 3.90.
6 days ago | Report Abuse
Trump win, RF Kennedy will be healthy advisor, he will punish bill gates and big pharma, there will not be any new plandemic in the next 4 years. Should be bad for gloves and pharma stocks if trump wins.
6 days ago | Report Abuse
Trump won, wars end, oil price go down drastically
1 week ago | Report Abuse
Desperately need to cash out. I will cut loss if it drops to 3.90.
1 week ago | Report Abuse
If the above is not the reasons, maybe speculator are betting on Trump to win election. Trump winning will means the end of Ukraine war, Russian oil will flood the market, oil prices will fall drastically given that fed rate cuts will take time to balance the oil price.
1 week ago | Report Abuse
Latest news from Abang Johari, Sarawak need RM 100 biliion, reject Mahathir calls on Sarawak to help poorer states.
I think in coming years, development will focus on east Malaysia. There's no way around it, unless Putrajaya strong arm Sarawak on resource distribution. As of now, the situation doesn't look good for Peninsular based companies.
1 week ago | Report Abuse
I think the market is pricing in Petros taking over Sarawak. The news already out a few days ago, Petronas will take a haircut in profits after losing out to Petros as the sole aggregator in Sarawak.
1 week ago | Report Abuse
Genting really hopeless, I will cut loss if it drops to 3.80.
1 week ago | Report Abuse
I thought AngayKlown suicided 🤣, still alive and annoying apparently.
1 week ago | Report Abuse
Intel GG already, lose out to TSMC. Intel can just close all their fabs and let TSMC make their chips for them. It's the only way to survive. ASML sold their most advanced chip making tools to them. They don't know how to use them right. Intel is no Thor, the hammer is not meant for them.
1 week ago | Report Abuse
All eyes on US election, if trump lose then civil war, if trump won, he will end the wars, drop interest 1%, but the stock market will still going to crash as new black swan in the making. Could it be his assassination? Could it be war with Iran? Could it be war with China? or Could it be the collapse of United States?
1 week ago | Report Abuse
AngayKlown stays quiet again, show us your trading records, you still in the black? or you already all in?
The WApp scammer clown's turn to make noise now, he is very emotional, he is likely in the red too 🤣
2 weeks ago | Report Abuse
Wow, AngayKlown entire day no comments? GG already?
2 weeks ago | Report Abuse
Bad news is to allow market maker to press down the price, but if the market maker not yet finished collecting back the tickets nor yet ready to goreng up, news like this
https://cdcgaming.com/brief/federal-judge-dismisses-lawsuit-against-resorts-world-las-vegas-former-president/
Won't repair the damage done to the price prior to this.
2 weeks ago | Report Abuse
There should be potential listing in the Bursa Malaysia of the following Genting Subsidiaries
Genting Energy Limited
Genting Power Holdings Limited
Genting Oil and Gas Limited
2 weeks ago | Report Abuse
0nly 7 days left until US election, 9 days left until fed rate cut/hike, 11 days left until Genting Singapore 3rd quarter results.
USD to yen already back to 153, last the market crash when it was 163. Japan might raise rate again, the yen carry trade will collapse the market again
If trump's lost, chaos might ensue, a civil war maybe? If trump wins, Iran will be on fire because he wanted to strike Iran nuclear facilities.
2 weeks ago | Report Abuse
Palestinian get bomb to pieces everyday, do you see them protest in front of the US embassy? They are cowards, they bully Chinese and sark white people kok even they kill their fellow muslim left and right everyday.
It is China to banging the table at UN council to condemn Israel, where is Malaysia? That's why oil rich middle east countries don't give a sheet about Malaysia. They know Malaysia is a coward land.
2 weeks ago | Report Abuse
https://www.thestar.com.my/news/nation/2024/10/27/controversy-over-flag-waving-incident-could-impact-tourism-sector-says-tiong
PH government is oblivion, from cutting durian trees to kk mart Allah sock controversy. As long as jib jib in prison, eating with chop stick can also be sensationalise and become controversy. Need to stir sheet up lah, or else how to get jib jib out of jail?
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
2 hours ago | Report Abuse
https://www.nst.com.my/news/nation/2024/11/1133203/heirs-now-free-lease-sabah-china-philippines-says-lawyer
Malaysia government should be in the offensive in order to counter Sulu heir for the committing the Sabah invasion of lahad datu, seek damages for USD 1 trillion.
Malaysia should seek UN to label the Sulu heirs as terrorists organizations. Sulu terrorists invasion of Sabah should automatically remove Sulu rights on the lease agreement.
Malaysia should also seek international sanction on Philippines over their acts to provide safe haven to Sulu terrorists and also the scamming cartels and illegal online gaming operating in Philippines.