snwong13

snwong13 | Joined since 2015-09-09

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Stock

2016-04-15 20:15 | Report Abuse

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Yes, back to oil market fundamental - demand/supply.
Oil price EXTREMELY volatile prior to Doha meeting.
Cost averaging...downward, please and go for long position..
I am still holding and collecting some oil counters when price down..
May be, next week, time for collection!!
Good Luck!

Stock

2016-04-15 20:13 | Report Abuse

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Yes, back to oil market fundamental - demand/supply.
Oil price EXTREMELY volatile prior to Doha meeting.
Cost averaging, please and go for long position..
I am still holding and collecting some oil counters when price down..
May be, next week, time for collection!!
Good Luck!

Stock

2016-04-09 12:42 | Report Abuse

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Every investors including epf has their strategies to max return!
Rebalancing of global oil supply/demand still struggle!
Just be mindful of every economic possibilities..

http://www.oilandgas360.com/iran-undercutting-saudi-oil-prices/

http://www.economiccalendar.com/2016/04/08/crude-oil-prices-may-slip-further-on-new-rumors-out-of-iran/

Stock

2016-04-07 08:36 | Report Abuse

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oil price/economy remains unstable.
recent up oil price because of down us inventories.
what about middle east? we don't know!!
investors still hopping for profit taking or at least cut min losses..
good luck!

Stock

2016-04-06 15:00 | Report Abuse

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....panic? hope will recover...

Stock

2016-04-06 14:56 | Report Abuse

...SKPETRO..plunged!!

Stock

2016-04-06 08:15 | Report Abuse

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expect a push up in oil counters today

Stock

2016-04-05 18:51 | Report Abuse

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* apology..should be ....collecting away from (not out from) emotion..
Noticed panic selling at 0.465 during opening.
steadier closing.
thanks

Stock

2016-04-05 09:23 | Report Abuse

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hi nomanland
long time didn't hear you.
yes, i agreed with u..
still holding and collecting out from emotion..
have a great day!

Stock

2016-04-05 09:16 | Report Abuse

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Oil price continues to receive pressure.
KMN pushed a bit down last few days..
still observing...looking for next suppose level after few days for downward pressure on KNM!

Stock

2016-04-04 08:08 | Report Abuse

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I don't buy wa and not much involved.
anything on knm, yes, i still collect for longer term with avg price of 0.460 since dec15.
short term, you may rugi because of oil price unstable...now you see down tomorrow see up..and also brokerage fees for in and out...
still holding on..
expect selling pressure on oil counters....
if low enough, will pick up...
good luck

Stock

2016-04-03 07:57 | Report Abuse

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already factor in potential ringgit strengthening further & other risk.. ..
not factor in is coming RM110m land...
share price had down by > 30% from as high as >1.60 and maintaining 1.01-1,05 since Mar 16.
one of potential export counters with decent earning last qtr,
how far down can it go down?
you will notice every closing, >1m shares are catching panic seller to sell at 1.0..
good luck..

Stock

2016-04-02 22:33 | Report Abuse

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very uncertain...oil price up or down?..

http://en.trend.az/azerbaijan/business/2513236.html

Stock

2016-04-02 13:25 | Report Abuse

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last week.., much selling pressure.,,goes with continuous oil price down...
guess will continue further ..
oil price down below usd37 (lowest in since 1st Mar) after Saudi talks about Iran must come in to freeze production as well...which i guess Iran will not ..
seemed like middle east playing oil war games..
will pick up some when price is low enough...averaging down...
go longer term..

http://www.telegraph.co.uk/business/2016/04/01/saudi-arabia-will-not-oil-freeze-production-without-iran-warns-d/

"“If there is anyone that decides to raise their production, then we will not reject any opportunity that knocks on our door,” the prince told Bloomberg in an interview, suggesting that if other Opec members decide to ramp up their own supply, Saudi Arabia would follow - putting further pressure on prices."

Stock

2016-04-01 14:09 | Report Abuse

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Ringgit starts weakening by near 1% down
China Stock mkt rebounded!
Most export counters on the green!
Start collecting while still low price for better tomorrow!
Good Luck....

Stock

2016-03-30 17:39 | Report Abuse

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Well done, KMN..
Good start and ends - unchanged...
3M shares traded with many hold on tight with confident despite yesterday experienced oil price down.
Still collecting..,.but averaging downwards..,.for longer term...
Good Luck!

Stock

2016-03-28 07:02 | Report Abuse

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Invest KNM longer term..
Good passing remarks for KNM.."bright book order projects + one of the few oil companies making decent profit, while others making huge impairment losses..SKPETRO/UMWOG etc...",

Oil price recovery to accelerate as smaller producers slash output ...

http://www.telegraph.co.uk/business/2016/03/25/oil-price-recovery-to-accelerate-as-smaller-producers-slash-outp/

Stock

2016-03-25 11:55 | Report Abuse

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Once crossing 0.50...support..indeed crossing now,,, see what is the next level of support today.!!
Good Luck!!

Stock

2016-03-25 11:51 | Report Abuse

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Yes, RAPID is coming...
Researchers won't get it wrong with TP >0.60!!
They all supporting "BUY"!!

Stock

2016-03-25 06:01 | Report Abuse

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On 21-03-2016, EPF acquired 2,362,300 shares with shares (5.7200%) holding now..
Every researchers said "BUY"....
GOOD SIGNAL...

Stock

2016-03-24 13:18 | Report Abuse

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No problem for Brunei with RM234 million project worth only.
Now TRC has RM1.3bn outstanding order book ,,including "giant" project Sarawak ever had...Pan Borneo Highway!! .
Sarawak election coming near...deposit of BN gov't...will further boost up share price..
Not bad, am session hitting 0.480..
Collect till next expected better result out...
Good Luck!

Stock

2016-02-26 00:19 | Report Abuse

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OMG!! Losses of 713M - due to provision for impairment of plants/equipment!
worse than UMWOG!
with oil price down, tomorrow expected a "bear-run"!!

Stock

2016-02-22 21:20 | Report Abuse

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Why Dayang continued to rally from RM1.05 to RM1.31 in the LAST 3 DAYS ? Let's repeat someone's sharing earlier the reasons:-

1) Undervalued - http://blog.huskyintel.com/media/1/screen-shot-2016-01-29-at-7-45-13-am-1.png
2) Low PE and presentable financial standing amongst all oil counters -http://www.bursamalaysia.com/market/listed-companies/company-announcements/4843013
3) Expected long term's order book of RM3.98bil running up to mid-2018 - http://www.thestar.com.my/business/business-news/2016/02/18/perdana-petroleum-plans-rm650mil-sukuk-programme/
4) OPEC/NON-OPEC days/nights talks about "WAYS" to push oil price up - Now, Crude Oil - Electronic Apr 2016 recorded USD33.16 (4.38% up)
5) Sarawak based company - Sarawak is Deposits of Government!

Good Luck!

Stock

2016-02-16 22:24 | Report Abuse

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...At least, freeze output, to stabilize oil price...

http://www.channelnewsasia.com/news/business/four-producers-agree-on/2519786.html

"........."Tomorrow we are going to have a meeting with ministers of Iran and Iraq in Iran, and I hope the minister of Qatar will be going with me to discuss with them the basis of this agreement, which is very important for the stabilisation of the market," Venezuela's oil minister Eulogio Del Pino told reporters on Tuesday......"

Good sign! More meetings! Today China Stock up 3.32%

Stock

2016-02-16 19:54 | Report Abuse

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Good sign! More meetings! Today China Stock up 3.32%
Hope we have reached the bottom!

Stock

2016-02-16 19:51 | Report Abuse

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...At least, freeze output, to stabilize oil price...

http://www.channelnewsasia.com/news/business/four-producers-agree-on/2519786.html

"........."Tomorrow we are going to have a meeting with ministers of Iran and Iraq in Iran, and I hope the minister of Qatar will be going with me to discuss with them the basis of this agreement, which is very important for the stabilisation of the market," Venezuela's oil minister Eulogio Del Pino told reporters on Tuesday......"

Good sign! More meetings! Today China Stock up 3.32%

Stock

2016-02-16 19:27 | Report Abuse

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...At least, freeze output, to stabilize oil price...

http://www.channelnewsasia.com/news/business/four-producers-agree-on/2519786.html

"........."Tomorrow we are going to have a meeting with ministers of Iran and Iraq in Iran, and I hope the minister of Qatar will be going with me to discuss with them the basis of this agreement, which is very important for the stabilisation of the market," Venezuela's oil minister Eulogio Del Pino told reporters on Tuesday......"

Good sign! More meeting! China Sock up 3.32%

Stock

2016-02-16 19:19 | Report Abuse

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"Speaking at a news conference following a closed-door meeting in the Qatari capital, Saudi Arabian Oil Minister Ali al-Naimi said that freezing oil producers' output will be sufficient to improve the oil market.

"Freezing now at the January level is adequate for the market, we believe," he said. "We recognise today the supply is going down because of current prices. We also recognise that demand is on the rise.

"The reason we agree to a potential freeze of production is simply, it is the beginning of a process which we will assess in the next few months and decide if we need other steps to stabilise and improve the market," Naimi said.

"This is very important, we don't want significant gyrations in prices, we want to meet demand. We want a stable oil price," he added."