Posted by supernova > 2015-08-12 12:33 | Report Abuse

will drop more

Posted by Forever > 2015-08-12 12:33 | Report Abuse

Strategy now is buy low and sell lower.

Posted by sojarisaskar > 2015-08-12 12:38 | Report Abuse

Those who got extra cash be it from "donation" or whatsorver, take this opportunity to double ur shares like many did back in 1997. Then be patience, panic selling dont solve our issue now.

Posted by Mat Cendana > 2015-08-12 12:38 | Report Abuse

@blackul66 Yeah, I feel the better thing is to keep the remaining capital at the sidelines for the time being. Despite the very attractive-looking prices. With Perisai, must remember that the prices previously had also looked attractive. And then they went down some more. Not prudent to try and guess the bottom. If lucky, it immediately rebounds and we will feel like a genius. Often, it doesn't happen. It's better to buy into strength even though the price may be higher.

Posted by jasonor > 2015-08-12 12:42 | Report Abuse

Posted by blackul66 > Aug 12, 2015 12:31 PM | Report Abuse

i hope no one believe in average down in a downtrending stock or market. sell and buy back lower. if die2 want to average down, wait for a clear uptrend


absolutely agree... one should average down if the stock is clearly on uptrend. not downtrend.. since we don't know the bottom... remember, low can go lower. cut loss once it drop 5-8 % below your purchase price. no matter what stocks..

Posted by LaoLiu > 2015-08-12 12:46 | Report Abuse

That's what i said, those who didn't buy Perisai,*Mat Cendana* Better to buy into strength even though the price may be higher. But for those who have Perisai share on hand, *sojarisaskar* Then be patience, panic selling dont solve our issue now, Average it at The Correct Timing. Now, work n save up some cash 1st.

Posted by afata08 > 2015-08-12 12:48 | Report Abuse

Tunggut kat bawah 0.30...baru intai2 nak masuk...haha

Posted by annmix > 2015-08-12 14:47 | Report Abuse

So 31sen now... qtr result bad or jus panic sell down today?

Posted by kimssiat > 2015-08-12 17:38 | Report Abuse

Check current oil price = answer.

Posted by cmloo > 2015-08-12 21:19 | Report Abuse

good quarterly result

Posted by annmix > 2015-08-12 21:34 | Report Abuse

perisai 2nd quater profit is better than 2nd quarter of 2014, profit 5748000 vs 4158000

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4826029

Posted by annmix > 2015-08-12 21:37 | Report Abuse

generally business n profit in 2015 is much better than 2014, hopefully the last 2 qtr of 2015 will maintain

Posted by BRAVOZULU > 2015-08-13 00:28 | Report Abuse

tomorrow sure gap up.

Posted by annmix > 2015-08-13 02:00 | Report Abuse

in this kind of sentiment, not drop further is consider very good already, hopefully will not trade below 30sen

Posted by LaoLiu > 2015-08-13 08:55 | Report Abuse

Perisai Petroleum Teknologi Bhd's net profit jumped 66.5% on-year to RM1.6 million in the second quarter ended June 30, 2015 (2QFY15), from RM961,000 on higher revenue and better contributions from joint ventures, as well as foreign exchanges gains.

Posted by superegg > 2015-08-13 13:34 | Report Abuse

aiyoh... when the price at $0.31 scare the price will drop some more, now look at it stand firm at $0.34.. miss the opportunity to earn money... shit

Posted by koi koh > 2015-08-13 15:41 | Report Abuse

goreng below 30 sen

Posted by LaoLiu > 2015-08-13 17:06 | Report Abuse

Things usually happen when you want below 0.300, it goes the other way...closed at 0.340, touched high 0.345.

Posted by yingkang87 > 2015-08-13 23:14 | Report Abuse

OMG the crude oil drop to new low!!!! shit!!!

Posted by flyup888 > 2015-08-14 00:31 | Report Abuse

very good QR result..earn much..no matter oil 40..last few months , oil also 40..but QR still earning..

Posted by annmix > 2015-08-14 00:36 | Report Abuse

petgas n petdag also posted better earning despite the low oil price..

Posted by azlan88 > 2015-08-14 09:03 | Report Abuse

yesterday i read the research report from Hong Leong. It says that they projected Perisai's MOPU will be chartered from H2 2016 onwards, after being grounded last September 2013. I found this quite funny. Don't you ever wonder why O&G company did not charter the MOPU, even they can get good rate right now? Haha

This is why you should not believe to analyst. They are good making great presentation and projections, based on information available on the internet. What they should do is to do checking on the MOPU and get feedback from previous client before. Only then, they will know why is it difficult to get chartered. Don't ask me how I'm supposed to know all these. Haha

Posted by annmix > 2015-08-14 13:59 | Report Abuse

within 3day, kenanga u turn again tp fr 59 to 45 , well done

Posted by annmix > 2015-08-14 14:05 | Report Abuse

I dont understand why the analyst keep saying earning below expectations, are they nuts? oil price is crashing since last year, whole industry is half dead so why they still project higher earnings? Since this year so far earnings are still better than 2014 before oil start crashing ..

Posted by Oil_n_Gas > 2015-08-14 14:52 | Report Abuse

Perisai report EPS 0.13sen but 32.5 sen today. Last QR Icon EPS higher 0.23sen but Icon price lower. Where is the logic?

Posted by supernova > 2015-08-14 15:21 | Report Abuse

Q buy 30c since 12 noon today, i must be mad

Posted by blackul66 > 2015-08-14 15:33 | Report Abuse

30 and 32 c pun nak kira, really? target is 60 cents right? if buy at 32c, target automatically chage to 64 c

Posted by SniperElite > 2015-08-14 20:26 | Report Abuse

Like I said, it will get much worse before it gets any better. The current outlook is bleak with many economist predicting the World Crude Oil will dropped to US$30 a barrel, right now it is at US$42. It will take a while yet before O&G will recover but most predict it will stay or hover between US$60 to US$75 in the future...

Posted by yingkang87 > 2015-08-15 13:13 | Report Abuse

EPF bought in at 12/8/15!!!

Posted by jackypg > 2015-08-16 05:28 | Report Abuse

yingkang87 epf buy what price?

Posted by koi koh > 2015-08-16 12:29 | Report Abuse

when Iran starts to export crude oil, world crude oil will stay below US$ 30 for a long time

Posted by 891088 > 2015-08-16 19:55 | Report Abuse

Usd30,it's must be more interesting to buy more. Maybe perisai will be the next Daya

Posted by azlan88 > 2015-08-16 22:19 | Report Abuse

if you think to invest in this stock, think twice. Their asset has long been idle, with huge burning rate. The situation is like, you want to rent out your car, but your car engine could not even start. haha. Alam could be a better option, I guess.

Posted by SDR245 > 2015-08-17 00:16 | Report Abuse

Not a good time to enter. Be patient. Cash s king. Dun stuck.

Posted by supernova > 2015-08-17 08:40 | Report Abuse

Q buy @ 30c

Posted by yeekarwai88 > 2015-08-17 10:22 | Report Abuse

Walao!really brave!
Still dare to buy.

Posted by richkid > 2015-08-17 10:39 | Report Abuse

game over..oil price set to drop further due to large supply coming from Iran.

Posted by stonenut > 2015-08-17 15:09 | Report Abuse

Buyyyyyyy nowwwwwwwwww!!!!!

Posted by LaoLiu > 2015-08-17 15:33 | Report Abuse

Good chance to accumulate at low, for future gain..holding power needed.

Posted by stonenut > 2015-08-17 16:17 | Report Abuse

Best buy... dont buy sure regret!!!!!

Posted by blackul66 > 2015-08-17 16:20 | Report Abuse

as azlan88 said, asset is idle, not sure what to regret either

Posted by mikeann > 2015-08-17 18:55 | Report Abuse

Excerpts From TA

Due to the bleak outlook, we downgrade Perisai to 9
x FY16 P/E (previous:
10x) which is a 10% discount to the trough P/E of O
&G stocks during the
2011 oil price downcycle (10x).


As a result, our TP on Perisai is cut to RM0.24 and
we downgrade the
stock to Sell from Hold previously. Despite battere
d valuations, we advise
investors to avoid the stock until earnings headwin
ds subside.

Posted by stonenut > 2015-08-17 20:07 | Report Abuse

Buy..... oil will recover soon!!!!!

Posted by stonenut > 2015-08-18 01:11 | Report Abuse

0.24? Hahahaha in your dreams... even 0.31 is super bargain

Posted by blackul66 > 2015-08-18 08:58 | Report Abuse

oil will recover soon kaaa, wakakaka, how come no one in the industry knows about this soon recovery.it is good to have a fortuneteller here....., everyone also knows oil will recover, the only question is recover to which level and when........1 year, 3 year, 5 years? just to recover to usd 60 0-70/bbl

Posted by cmloo > 2015-08-18 11:06 | Report Abuse

long time didn't see green

Posted by SHQuah > 2015-08-18 16:48 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/08/18/Output-unaffected/?style=biz

Posted by SHQuah > 2015-08-18 16:49 | Report Abuse

“According to Petronas’ second-quarter results, the crude oil, condensate and natural gas volume production for the first six months was 2,327 thousand barrels of oil equivalent per day (boe/day), up from 2,234 thousand boe/day in the corresponding period last year.

“It was mainly due to the increase in new production streams in Malaysia, Iraq and Azerbaijan. This shows that the decline in exploration oil rigs does not have an immediate impact on current production,” said the analyst.

O&G players that own or support drilling rigs include UMW Oil & Gas Corp Bhd (UMW O&G), SapuraKencana Petroleum Bhd (SapKen), Icon Offshore Bhd, Alam Maritim Resources Bhd and Perisai Petroleum Bhd.

Posted by Forever > 2015-08-18 17:09 | Report Abuse

Possible to drop below RM0.200?

Posted by yeekarwai88 > 2015-08-18 17:11 | Report Abuse

Possible