Posted by RCZ2020 > 2022-02-12 10:21 | Report Abuse

Yes oil spike to 95usd but I am not sure of the O&G counters. Don't see much difference. Hope they shoot up on Monday

Posted by bullmarket1628 > 2022-02-12 10:25 | Report Abuse

Oil price soars 3% to 7-yr highs on Ukraine jitters, tight supplies
Saturday, 12 Feb 2022 6:40 AM MYT

https://www.thestar.com.my/business/business-news/2022/02/12/oil-price-soars-3-to-7-yr-highs-on-ukraine-jitters-tight-supplies

NEW YORK: Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies.
Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all U.S. citizens to leave the country within 48 hours.

Britain also advised its nationals to leave Ukraine as Prime Minister Boris Johnson impressed the need for NATO allies to make it absolutely clear that there will be a heavy package of economic sanctions ready to go, should Russia invade Ukraine.
Brent crude futures settled US$3.03, or 3.3%, higher at $94.44 a barrel, while U.S. West Texas Intermediate crude rose $3.22, or 3.6%, to $93.10 a barrel.

Both benchmarks touched their highest since late 2014, surpassing the record highs hit on Monday, and posted their eighth consecutive week of gains on growing concerns about global supplies as demand recovers from the coronavirus pandemic.
Trading volumes spiked in the last hour of trading, with volumes for global benchmark Brent climbing to their highest in more than two months.
"The market doesn't want to be short going into the weekend... if an invasion appears to be imminent and you know that there will be retaliatory sanction that will result in a disruption in natural gas and oil supplies," Andrew Lipow, president of Lipow Oil Associates in Houston.
The International Energy Agency raised its 2022 demand forecast and expects global demand to expand by 3.2 million barrels per day (bpd) this year, reaching an all-time record 100.6 million bpd.
The energy watchdog's report follows the Organization of the Petroleum Exporting Countries' warning earlier this week that world oil demand might rise even more steeply this year on a strong post-pandemic economic recovery.
The IEA added that Saudi Arabia and the United Arab Emirates could help to calm volatile oil markets if they pumped more crude, adding that the OPEC+ alliance produced 900,000 bpd below target in January.
The two OPEC producers have the most spare production capacity and could help to relieve dwindling global oil inventories that have been among factors pushing prices towards $100 a barrel, deepening inflation worldwide.
The Biden administration responded to high prices by again stating this week that it has been talking with large producers about more output, as well as the possibility of additional strategic releases from large consumers, as it did late last year.
Indirect U.S.-Iran nuclear talks resumed this week after a 10-day break. A deal could see the lifting of sanctions on Iranian oil and ease supply tightness.
In the United States, drillers added the most oil rigs in a week in four years, with the rig count, an indicator of future production, rising 19 to 516, its highest since April 2020, energy services firm Baker Hughes Co said.- Reuters

Posted by gogogolee > 2022-02-12 11:53 | Report Abuse

dayang need booster

Posted by warrantKing > 2022-02-13 21:47 | Report Abuse

The oil counter that lagged behind. Hope tmr can cross RM1

Posted by warrantKing > 2022-02-14 13:30 | Report Abuse

Open high , selling down

Posted by RCZ2020 > 2022-02-14 14:48 | Report Abuse

Must close above 1.00

Posted by RCZ2020 > 2022-02-14 19:27 | Report Abuse

Hibiscus doing good what happened to Dayang?

Posted by bullmarket1628 > 2022-02-15 06:53 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-15 12:30 |

Post removed.Why?

Posted by RCZ2020 > 2022-02-16 15:42 | Report Abuse

What's happening?

Posted by param1 > 2022-02-16 16:57 | Report Abuse

nothing is happenin

Posted by RCZ2020 > 2022-02-16 20:05 | Report Abuse

Haha yes nothing happening. Very slow movement

Posted by VenFx > 2022-02-16 20:42 | Report Abuse

An accumulation at range of 0.790-0.930 and hold till end of the 2020.
Worth the bet !
TP $1.35 ; 1.50

Agree ?

Posted by Kimly2 > 2022-02-17 13:43 | Report Abuse

I thought u bought above rm2?
Since when become 790-0.930?

Posted by bullmarket1628 > 2022-02-17 18:13 | Report Abuse

World’s Most-Important Oil Price Tops $100, Signals More to Come

https://www.bloomberg.com/news/articles/2022-02-16/world-s-most-important-oil-price-just-took-out-100-a-barrel

By Alex Longley+Follow
February 17, 2022, 3:52 AM GMT+8

Forget the futures market, the world’s most important oil price just smashed through $100 a barrel with every sign it is going to push higher. 
Dated Brent, the price of cargoes bought and sold in the North Sea, reached $100.80 a barrel on Wednesday for the first time since 2014, according to S&P Global Platts, the company that publishes the marker. Price spreads in the futures market are pointing to one the tightest markets ever.....

Posted by VenFx > 2022-02-18 09:51 | Report Abuse

Kimly2 I thought u bought above rm2?
Since when become 790-0.930?
17/02/2022 1:43 PM

ME: NEED NOT JEALOUS ME LAH,
GOT TIME LEARN YOUR SKILL BETTER
Y WASTE TIME FLAG ME ?

can't blame me, if i call you crap . i'm sure u agree with that rite ? xp

Posted by gogogolee > 2022-02-18 14:00 | Report Abuse

when dayang want to wake up???

Posted by warrantKing > 2022-02-18 14:54 | Report Abuse

apa wake up ? terus RIP back

Posted by Vicky > 2022-02-18 15:01 | Report Abuse

down down down yes... gonna crash soon. then unleash your bullet guys

Posted by darren2021 > 2022-02-18 17:08 | Report Abuse

healthy retracement or crash???just wait and see

Posted by RCZ2020 > 2022-02-18 18:05 | Report Abuse

Why is the sudden drop? Any news?

Posted by derrtan > 2022-02-20 16:56 | Report Abuse

Based on fundamental analysis and trend, hibiscus is a better bet since it is directly benefit from high oil price!!

Posted by anonymous91 > 2022-02-20 17:31 | Report Abuse

【探讨】投资大佬不想让你知道的指标 The indicator that investment giants dont want to let you know
订阅破500，开始发送福利
Subscription over 500, start to release benefit
https://youtu.be/yckH6nZuHa4

Posted by tankoksiong > 2022-02-21 11:04 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/2022-02-21-story-h1599204652-Surging_oil_prices_add_to_investor_worries.jsp

Posted by RCZ2020 > 2022-02-21 11:10 | Report Abuse

Even if the oil price goes up to 100 usd pb, dayang will be the same. It is a useless counter

Posted by RCZ2020 > 2022-02-21 11:11 | Report Abuse

Got trapped for long. Hopefully can recover the cost

Posted by VenFx > 2022-02-21 11:57 | Report Abuse

Dayang extremely lembik qtr result leak ?
Y many escape like no tomorrow ?

Timing tekan ngam tu. Panlai !

Posted by hengtong > 2022-02-21 12:03 | Report Abuse

Must be another bad qtr result. Otherwise share price won't be this weak.

Posted by hengtong > 2022-02-21 12:24 | Report Abuse

Share price is lower than petra energy now..Soon lower than carimin

Posted by Vicky > 2022-02-21 12:27 | Report Abuse

market sentimen bro

Posted by darren2021 > 2022-02-21 12:28 | Report Abuse

actually it's expected dayang going to release bad seasonal quarter report....but why response so fiercely???

Posted by Vicky > 2022-02-21 16:51 | Report Abuse

wow...Dayang wants to join the tech sell down like nasdaq & semi-con. not bad such a counter to join the crowd of sell-down !

Posted by Vicky > 2022-02-21 16:52 | Report Abuse

market is merciless from something to nothing !

Posted by RCZ2020 > 2022-02-21 18:37 | Report Abuse

All in the red sea

Posted by hengtong > 2022-02-21 21:10 | Report Abuse

Perdana lost 261 millions in q4. No more hope for these 2 companies.

Posted by Vicky > 2022-02-22 09:21 | Report Abuse

Hahaha...oil goes up but share price comes down...hahaha...go lower and buy at bottom

Posted by bullmarket1628 > 2022-02-22 09:46 |

Post removed.Why?

Posted by Vicky > 2022-02-22 10:16 | Report Abuse

sorry bro. Dayang CEO should resign for not making company profitable if quarterly results arr bad

Posted by bullmarket1628 > 2022-02-22 10:19 | Report Abuse

Putin orders Russian troops to Ukraine after recognising breakaway regions
By Andrew Osborn and Dmitry Antonov
22-2-2022

https://www.reuters.com/markets/europe/kremlin-says-no-concrete-plans-summit-with-biden-over-ukraine-2022-02-21/

MOSCOW, Feb 21 (Reuters) - Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war.
A Reuters witness saw tanks and other military hardware moving through the separatist-controlled city of Donetsk after Putin issued a decree recognising the breakaway regions and told Russia's defence ministry to send in forces to "keep the peace".
The moves drew U.S. and European condemnation and vows of new sanctions although it was unclear whether it was Putin's first major step toward a full-scale offensive in Ukraine that Western governments have warned about for weeks.
A senior U.S. official said the deployment to breakaway enclaves already controlled by separatists loyal to Moscow did not yet constitute a "further invasion" that would trigger the harshest sanctions, but that a wider military campaign could come at any time.
There was no word on the size of the force Putin was dispatching, but the decree said Russia now had the right to build military bases in the breakaway regions.
In a lengthy televised address packed with grievances against the West, a visibly angry Putin described Ukraine as an integral part of Russia's history and said eastern Ukraine was ancient Russian lands.
Russian state television showed Putin, joined by Russia-backed separatist leaders, signing a decree recognising the independence of the two Ukrainian breakaway regions - the self-proclaimed Donetsk People's Republic and the Lugansk People's Republic - along with agreements on cooperation and friendship.
Defying Western warnings against such a move, Putin had announced his decision in phone calls to the leaders of Germany and France earlier, the Kremlin said.
Moscow's action may well torpedo a last-minute bid for a summit with U.S. President Joe Biden to prevent Russia from invading Ukraine, which the senior U.S. official said was now in doubt.
Oil jumped to a seven-year high, safe-havens currencies like the yen rallied and U.S. stock futures dived as Europe's eastern flank stood on the brink of war. The rouble
extended its losses as Putin spoke, at one point sliding beyond 80 per dollar.
Ukrainian President Volodymyr Zelenskiy, who received a solidarity call from Biden, accused Russia of wrecking peace talks and ruled out territorial concessions in an address to the nation early on Tuesday.
Biden, who also spoke to French President Emmanuel Macron and Germany Chancellor Olaf Scholz, quickly signed an executive order to halt all U.S. business activity in the breakaway regions and ban import of all goods from those areas.
White House spokesperson Jen Psaki said the measures were separate from sanctions the United States and its allies have been readying if Russia invades Ukraine.
U.S. Secretary of State Antony Blinken said the executive order "is designed to prevent Russia from profiting off of this blatant violation of international law."
The U.N. Security Council was due to meet publicly on Ukraine at 9 p.m. EST Monday (0200 GMT on Tuesday), a Russian diplomat said, following a request by the United States, Britain and France.
German Chancellor Olaf Scholz's spokesman said Germany, France and the United States had agreed to respond with sanctions, while British Foreign Minister Liz Truss said Britain would announce new sanctions on Tuesday.
NATO Secretary-General Jens Stoltenberg accused Russia of "trying to stage a pretext" for a further invasion. Russia annexed Crimea from Ukraine in 2014.
In his address, Putin delved into history as far back as the Ottoman empire and as recent as the tensions over NATO's eastward expansion. His demands that Ukraine drop its long-term goal of joining the Atlantic military alliance have been repeatedly rebuffed by Kyiv and NATO states.
With his decision to recognise the breakaway regions, Putin brushed off Western warnings.
"I deem it necessary to make a decision that should have been made a long time ago - to immediately recognise the independence and sovereignty of the Donetsk People's Republic and the Lugansk People's Republic," Putin said.
A French presidential official said the speech "mixed various considerations of a rigid and paranoid nature".

Posted by bullmarket1628 > 2022-02-22 10:21 | Report Abuse

DIPLOMATIC WINDOW NARROWS
Putin has for years worked to restore Russia's influence over nations that emerged after the collapse of the Soviet Union, with Ukraine holding an important place in his ambitions.
Russia denies any plan to attack its neighbour, but it has threatened unspecified "military-technical" action unless it receives sweeping security guarantees, including a promise that Ukraine will never join NATO.
Recognition of the separatist-held areas will narrow the diplomatic options to avoid war, since it is an explicit rejection of a seven-year-old ceasefire mediated by France and Germany.
Separately, Moscow said Ukrainian military saboteurs had tried to enter Russian territory in armed vehicles leading to five deaths, an accusation dismissed as "fake news" by Kyiv.
Those developments fit a pattern repeatedly predicted by Western governments, who have accused Russia of preparing to fabricate a pretext to invade by blaming Kyiv for attacks and relying on pleas for help from separatist proxies.
Washington says Russia has massed a force numbering 169,000-190,000 troops in the region, including the separatists in the breakaway regions, and has warned of invasion at any moment.

Posted by Davidl > 2022-02-22 10:41 | Report Abuse

Possible break new low after QR release, b cautious everyone.

Posted by VenFx > 2022-02-22 11:37 | Report Abuse

Quick quick swap to jtiasa for $0.825 only
Yaa... dayang short term hangups.
Dint carry any hope

Posted by Vicky > 2022-02-22 13:18 | Report Abuse

If oil hit above USD100 any oil companies will also make profit unless there is fraud

Posted by hengtong > 2022-02-22 13:24 | Report Abuse

More like fraud to me. Most oil & gas companies made profits last year.

Posted by lloydlim > 2022-02-22 14:24 | Report Abuse

Expecting huge losses making on QR, better stay aside 1st.

Posted by param1 > 2022-02-22 15:05 | Report Abuse

habis ...tutup Kedai

Posted by warrantKing > 2022-02-22 15:07 | Report Abuse

this dayang , 1 week drop 20% , selling force non-stop

Posted by Vicky > 2022-02-22 15:28 | Report Abuse

could be a trap. prices press lower

Posted by Chung > 2022-02-22 15:46 | Report Abuse

Perdana financial results lose RM262M Dayang hold Persona share 63.7%. That mean Dayang financial result will suffer RM161m from perdana loses. Expect Dayang Quarter report will suffer huge loses this week.

Posted by Vicky > 2022-02-22 16:25 | Report Abuse

Sound scarry due to oversold but not so scarry afterall. Dayang hold 100% of DESB, 100% of Fortune & 100 % Dayang Enterprise. Perdana Petroleum only 64%. Stay cool and wait for results. Simply Wall assess Dayang as debt well manage & potential of earnings in oil & gas for the next 3 years.