Posted by probability > 2021-10-23 17:12 | Report Abuse

Ismail Sabri: No more quarantine for Malaysian oil rig workers, requirement stands for foreigners

Published on 25 Aug 2020

https://www.thestartv.com/v/ismail-sabri-no-more-quarantine-for-malaysian-oil-rig-workers-requirement-stands-for-foreigners

Malaysians oil and gas workers are no longer required to undergo mandatory quarantine when signing on or off from offshore platforms, says Datuk Seri Ismail Sabri Yaakob.

He added that Malaysians only need to take swab tests before they sign-on to the platforms and do not need to be quarantined.

Posted by probability > 2021-10-23 17:25 | Report Abuse

If oil price breaks 88 and hits $100, the oil and gas industry chooses stocks not to choose markets

https://www.klsescreener.com/v2/news/view/897205/%E6%B2%B9%E4%BB%B7%E8%8B%A5%E7%A0%B488-%E4%B8%8A%E6%8E%A2100%E7%BE%8E%E5%85%83-%E6%B2%B9%E6%B0%94%E4%B8%9A%E9%80%89%E8%82%A1%E4%B8%8D%E9%80%89%E5%B8%82

Look at the fundamentals before entering the market
Although higher oil prices are beneficial to the oil and gas industry, not all companies benefit from it. Analysts remind investors that they should pay attention to the fundamentals of each company before making a decision.

In order to reflect the benefits of higher crude oil prices, Tat Securities adjusted upwards to Petronas Chemical (PCHEM, 5183, Main Board Industrial Product Service Group), International Shipping (MISC, 3816, Main Board Transportation and Logistics Group) and VELESTO Energy (VELESTO, 5243, Main Board Energy) Group) and other oil and gas stocks’ valuations and target prices.

The bank upgraded Petronas Chemical’s rating from the previous “hold” to “buy”, mainly because the company purchases natural gas raw materials from its parent company Petronas at a lower price, and the cost is relatively low. Some competitors are facing cost pressures caused by rising naphtha raw material prices.

Wu Junsheng said that the oil and gas stocks currently assigned by Hong Leong Investment Bank with a "buy" rating include International Shipping, Armada (ARMADA, 5210, Main Board Energy Group), Dia Le Group (DIALOG, 7277, Main Board Energy Group), and Da Leong Foreign Enterprise (DAYANG, 5141, Main Board Energy Group).

Posted by RCZ2020 > 2021-10-24 18:59 | Report Abuse

Should be moving upward. Let's wait and see

Posted by VenFx > 2021-10-24 21:26 | Report Abuse

Wednesday, Oct 27
EIA weekly report on crude stockpiles https://www.investing.com/economic-calendar/crude-oil-inventories-75

Posted by VenFx > 2021-10-24 21:27 | Report Abuse

Oil markets rebounded strongly on Friday as focus returned to plummeting inventories at the Cushing, Oklahoma storage hub for crude.

“The issue is that there is not going to be any opportunity to restock Cushing in the next 3-5 months as runs should stay high,” said Scott Shelton, energy futures broker at ICAP in Durham, North Carolina. “But it will be a volatile trade.”

Posted by RCZ2020 > 2021-10-26 07:30 | Report Abuse

Dayang is picking up momentum. Hope will break the 1.11 barrier

Posted by RCZ2020 > 2021-10-26 19:54 | Report Abuse

Going down further? Brent oil is picking up why this counter still struggling?

Posted by Michael R. > 2021-10-27 10:48 | Report Abuse

Beware SD SCIB plague could crossover here.. Netlosses 2 consecutive QR... extraordinary...

Posted by RCZ2020 > 2021-10-27 18:05 | Report Abuse

Dayang what's happening?

Posted by RCZ2020 > 2021-10-27 18:18 | Report Abuse

Dayang got any connection with SD or SCIB?

Posted by Drachen > 2021-10-28 13:49 | Report Abuse

Dayang is a subsidiary of Naim. No connection to SD and SCIB.

Posted by RCZ2020 > 2021-10-28 16:01 | Report Abuse

Oh ok. Than it is a bit safer. Don't want to be connected to S & S

Posted by RCZ2020 > 2021-10-28 18:26 | Report Abuse

Dayang will move up tomorrow

Posted by swimvshark > 2021-10-30 11:47 | Report Abuse

your prediction fail bro. ^

Posted by RCZ2020 > 2021-10-30 18:29 | Report Abuse

Haha yes man

Posted by RCZ2020 > 2021-10-30 18:30 | Report Abuse

Let's see on Monday

Posted by RCZ2020 > 2021-10-31 22:20 | Report Abuse

Any prediction for tomorrow?

Posted by oasischeah > 2021-11-01 21:18 | Report Abuse

KLSE run by big group off smart professionals, Hope they lead Malaysia economy to stardom.

Posted by VenFx > 2021-11-02 12:53 | Report Abuse

Its has been quite a while Dayang s Market Bid & Ask
Has been sandwiched.

There is always almost equal setting up
From the sale & buy side.

Too obviously the set up.
Personally I don't like this kind of artificial make up .

Posted by VenFx > 2021-11-02 12:55 | Report Abuse

For long term investor
No harm lah

Shorten player surely kena corner attacking

Posted by RCZ2020 > 2021-11-02 17:52 | Report Abuse

Good movement. Hope tomorrow can break the 1.11 resistance

Posted by swimvshark > 2021-11-02 21:20 | Report Abuse

VenFx , yaya, they seem like control the price. break or not is thier call. but oil price is up. so if want goreng up easy. but they very kedekut... lol

Posted by BursaRangers > 2021-11-02 23:17 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-11-02-story-h1593657788-BursaRangers_Daily_Technical_Picks_3_November_2021.jsp

Posted by VenFx > 2021-11-03 10:05 | Report Abuse

@ swimvshark

yup, the crusher-or clan take control in short while Dayang weak.
Who is the crusher-or whom practicing par setting made up ?
They can be the investment banker / maybe major shareholder who want to distribute their shares at a gradually manner and dont want to damage the share price in a horribly shocking. (pure guessing anyway).

Whenever, there are scenario like this. Share price short term dying.
Till, there is a stronger force surface and break the chain .

WHEN WILL IT BE ?

Posted by VenFx > 2021-11-03 10:09 | Report Abuse

However, that doesn't affect the plan initiated by a long term / value investors.
As they are the most exciting group when can buy at much lower price.

Make sure the portfolio to be flexible and not to overloaded during accumulation a good value counters.

Posted by Vicky > 2021-11-03 11:01 | Report Abuse

Too bad. Dayang already tenggelam. Usual price is 1.50 ++ and above during trading. Unless Dayang makes a good news. Lost company in the sea of O&G ....

Posted by RCZ2020 > 2021-11-04 17:46 | Report Abuse

Tomorrow will dayang break 1.00

Posted by RCZ2020 > 2021-11-05 20:35 | Report Abuse

Down again

Posted by DreamEmperor > 2021-11-08 01:30 | Report Abuse

aiyyaahhh

Posted by DreamEmperor > 2021-11-08 01:31 | Report Abuse

lagi turun juga geh

Posted by DreamEmperor > 2021-11-08 01:31 | Report Abuse

walaoweyyhhh

Posted by VenFx > 2021-11-08 12:34 | Report Abuse

Selling pressure is loosing gas ... lets see can touch $1.05 not ?

Posted by swimvshark > 2021-11-08 14:30 | Report Abuse

i think dont think so much. today see counter seem want to park 990 995, just follow the flow. unlesss vol increase can attract more people. no vol dont play

Posted by VenFx > 2021-11-09 13:27 | Report Abuse

Yaa, better dive more
I like it that way

Posted by Dingdongbell > 2021-11-15 23:15 | Report Abuse

Collect Dividends 1.5 ex on nov25. Keep better

Posted by UnicornP > 2021-11-17 10:29 | Report Abuse

Quite hard to buy Dayang.

Posted by Vicky > 2021-11-18 20:43 | Report Abuse

dayang show them what you can do...0.925 too cheap to buy

Posted by RCZ2020 > 2021-11-23 12:52 | Report Abuse

Dayang what the hell is happening? Bloody bad

Posted by RCZ2020 > 2021-11-23 18:14 | Report Abuse

It will shoot up soon

Posted by benyeoh59 > 2021-11-24 17:07 | Report Abuse

Ya, too much short sellers

Posted by RCZ2020 > 2021-11-25 09:43 | Report Abuse

Dividend day. No movement

Posted by valueplayer > 2021-11-25 21:53 |

Post removed.Why?

Posted by RCZ2020 > 2021-11-28 18:24 | Report Abuse

Hope will pick uptrend soon

Posted by Windy1974 > 2021-11-29 11:01 | Report Abuse

Windy1974 Promotion time since JAKS is so boring. KLSE is dead and i expect this situation to persist into 2022. With the revision in stamp duty, pump and dump syndicates will face harder chance to cari makan. Cos creating volumes will cost them dearly unlike previous. Personally, i am glad. Cos it means less speculation and more investment. Do go and listen to grand pine Tan KW. He is a very good, conscious guru. I understand he is not Malaysian? So sad we need a non Malaysian to teach us about share investment.
I bought into Dayang today and added more on Hibiscus. Both O&G counters. I am in O&G so i know a recovery is imminent. Hibiscus turnaround in profit will be significant from 2022 first quarter and Dayang would see recovery by 2nd Q 2022 latest. I don't foresee Dayang could scale new heights in profit of 2019 but we started at a low base with 0.83 and a market cap less than RM1B. The added bonus for Dayang in 2022 onwards is the demise of Serba. Only 3 companies could fill the vacuum left behind when Serba goes bust. Dayang, Petra and Sapura. I bet Dayang gonna get the biggest share of it. Of course, we are not talking about RM7.7B orders. But addition of RM100-200M contract a year possible.
In no mood to write further. Happy investing
29/11/2021 10:57 AM

Posted by nashvz > 2021-11-30 10:18 | Report Abuse

dayang is very cheap. even the warrant C19 looks very bargain

Posted by nashvz > 2021-12-01 09:18 | Report Abuse

despite new variant, oil price will rise rapidly.

buy cheap oil stock while still cheap :) oil expected to rise towards $125 next few months!

Dayang is huge bargain at the moment

https://oilprice.com/Energy/Energy-General/Oil-Prices-Projected-To-Hit-125-In-2022.html

Posted by RCZ2020 > 2021-12-03 20:50 | Report Abuse

Brent oil doing good. Maintaining above 70 pb. O&G should be doing good soon

Posted by Chung > 2021-12-11 17:27 | Report Abuse

If Sarawak election win by GPS , Dayang may benefit from here back to RM1.00 soon

Posted by RCZ2020 > 2021-12-19 19:12 | Report Abuse

Chung, Sarawak election GPS won with super majority. What's next?

Posted by bullmarket1628 > 2021-12-23 05:40 |

Post removed.Why?