Posted by Keyman188 > 2020-10-26 10:32 | Report Abuse

What happening today !!!...

Getting lower & lowest again...

Current pricing lower than Mar'20.....OMG....

Posted by mf > 2020-10-27 00:17 | Report Abuse

Dow Jones 27,605.02 -730.55 -2.58%
S&P 500 3,396.47 -68.92

Posted by dompeilee > 2020-11-03 15:06 | Report Abuse

dompeilee After buying PetDag since 25/7/2014, averaging down and at one point reaching 1,200 shares & receiving at least 23 dividends, I finally dumped my last shares @ 22.60 at the market open on 24/6/20. My average cost was 20.66 incl commissions.

Hopefully I can buy it back below 20 =)
27/06/2020 8:56 AM

Repurchased the PetDag I sold, @ 17.28 today

Posted by dompeilee > 2020-11-05 16:26 | Report Abuse

Great timing =)

Posted by dompeilee > 2020-11-10 15:08 | Report Abuse

+11.2% in just 7 days =))

Posted by dompeilee > 2020-11-10 15:53 | Report Abuse

Going back to 20.00 =)

Posted by tkl88 > 2020-11-11 01:37 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 %)‬
Brent => $43.44 ‪ (+1.04) (+2.45 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-11 08:12 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-11 19:25 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 percent)
Brent => $45.16 ‪(+1.55) (+3.55 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-17 07:56 | Report Abuse

Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 percent)
Huat ah ! Heng ah ! Ong ah !

Posted by dompeilee > 2020-11-18 09:56 | Report Abuse

After getting over 22 dividends & holding since late 2014 & selling out all in June for $22.60, I missed one dividend of 5c & jumped back in last month to secure the next dividend of 11c & beyond...with a nice capital gain of $2.00+ =)

Posted by tkl88 > 2020-11-20 08:10 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by tkl88 > 2020-11-20 08:42 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

Posted by tkl88 > 2020-11-20 08:42 | Report Abuse

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

Posted by OldWiseMan100 > 2020-11-21 13:39 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

Posted by LongTermInvestor8 > 2020-11-22 16:24 | Report Abuse

Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

Posted by flyingtomoon2020 > 2020-11-22 16:28 | Report Abuse

Petdag gogogo

Posted by flyingtomoon2020 > 2020-11-22 16:28 |

Post removed.Why?

Posted by dompeilee > 2020-11-23 15:17 | Report Abuse

Hold until 22.00 =) At least...

Posted by dompeilee > 2020-11-23 16:55 | Report Abuse

OMG! What I predicted came TRUE within less than 2 hours!!!! lol =)

Posted by dompeilee > 2020-11-23 16:56 | Report Abuse

+26% for me in less than 1 month!!! Hold for dividend =)

Posted by wallstreetrookie > 2020-11-23 17:04 | Report Abuse

I hate you dompeilee I was gonna buy but I left my phone at home.

Posted by wallstreetrookie > 2020-11-23 17:04 | Report Abuse

Fuck you for gaining 26%

Posted by dompeilee > 2020-11-23 17:14 | Report Abuse

Tsk tsk tsk...really foul smelly mouthed lol

Posted by cklimm > 2020-11-23 18:49 | Report Abuse

Good for you, are you taking profit now?

Posted by dompeilee > 2020-11-23 18:52 | Report Abuse

Nope =)

Posted by tkl88 > 2020-11-24 02:34 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 percent)‬
Brent => $45.80 ‪(+0.73) (+1.62 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬

Posted by LongTermInvestor8 > 2020-11-24 11:17 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

Posted by dompeilee > 2020-11-24 14:24 | Report Abuse

My new cost is well below 18.00. I don't mind holding this 4-times-a-year dividend payer...net-net is +1.25 per share!

Posted by mf > 2020-11-24 14:39 | Report Abuse

Belanjawan 2021: Umno masih dolak-dalik, PN kurang tiga undi

Diterbitkan Hari ini 1:42 pm
Umno masih berdolak-dalik sama ada parti itu akan menyokong Belanjawan 2021 atau sebaliknya, manakala kerajaan Perikatan Nasional (PN) kini terumbang-ambing dengan majoriti yang agak tipis.
24/11/2020 2:09 PM

Posted by mf > 2020-11-24 15:52 | Report Abuse

Kehadiran Jeffrey Kitingan cetus bantahan MP

Diterbitkan Hari ini 3:19 pm
Dikemaskini Hari ini 3:21 pm
PARLIMEN | Ahli parlimen pembangkang hari ini mempersoalkan kehadiran Jeffrey Kitingan (Star-Keningau) dalam Dewan Rakyat selepas dia didakwa masih belum menghabiskan tempoh kuarantin wajib selama 14 hari sejak datang dari Sabah.

Posted by tkl88 > 2020-11-25 07:00 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬

Posted by tkl88 > 2020-11-25 07:26 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by carurhead > 2020-11-25 21:03 |

Post removed.Why?

Posted by dompeilee > 2020-11-26 17:42 | Report Abuse

cklimm Good for you, are you taking profit now?
23/11/2020 6:49 PM

See? So easy back to 22.00...Scared for what?

Posted by mf > 2020-11-30 14:19 | Report Abuse

Crude Oil WTI 44.47 -1.06 -2.33%
Brent Oil 47.09 -1.16 -2.40%

Posted by fishchu > 2020-12-03 22:00 | Report Abuse

The Sarawak government and Petronas will sign a commercial settlement on the issues of the state’s sales tax and oil mining laws on Monday (Dec 7), Sarawak State Assembly Speaker Datuk Amar Mohd Asfia Awang Nassar said today.He said the State Consultative Committee, which he chairs, had been briefed on the commercial settlement by representatives of the state government involved in the negotiations with Petronas.

Posted by dompeilee > 2021-01-19 18:21 | Report Abuse

dompeilee After buying PetDag since 25/7/2014, averaging down and at one point reaching 1,200 shares & receiving at least 23 dividends, I finally dumped my last shares @ 22.60 at the market open on 24/6/20. My average cost was 20.66 incl commissions.

Hopefully I can buy it back below 20 =)
27/06/2020 8:56 AM

Repurchased the PetDag I sold, @ 17.28 today

SOLD my repurchased PetDag above 21.20 today.

Posted by Petronas > 2021-02-12 12:38 |

Post removed.Why?

Posted by Flybythenite > 2021-02-13 15:36 | Report Abuse

Why down? I thought strike oil!

Posted by Petronas > 2021-02-14 03:06 |

Post removed.Why?

Posted by dompeilee > 2021-02-25 10:42 | Report Abuse

dompeilee SOLD my repurchased PetDag above 21.20 today.
19/01/2021 6:21 PM

Bought back the PetDag I SOLD...for 19.24 this morning.

Posted by LeiJun > 2021-02-27 12:14 | Report Abuse

Why people like blue chips that much when earning is so little?

Posted by dompeilee > 2021-03-01 10:26 | Report Abuse

Whew! Luckily I SOLD my PetDag contra on T + 1 last Friday @ 19.88 =)

Posted by DickyMe > 2021-03-02 19:16 |

Post removed.Why?

Posted by DickyMe > 2021-03-03 16:40 | Report Abuse

LOL...

Posted by Zeroinvestor > 2021-03-25 19:42 | Report Abuse

20.02 - 20.42

Posted by Flybythenite > 2021-04-27 19:44 | Report Abuse

Malaysia launches 10-year blueprint to revive oil and gas sector
Demand for energy and transportation tanked during the pandemic.

Shannon Teoh
Malaysia Bureau Chief
PUBLISHED1 HOUR AGO
FACEBOOKTWITTER
KUALA LUMPUR - Malaysia is seeking to rescue its ailing oil and gas ecosystem with an ambitious 10-year plan after fuel prices were battered last year by the Covid-19 pandemic.

The National Oil & Gas Services and Equipment (OGSE) Industry Blueprint 2021-2030 comes after nearly two-thirds of over 4,000 vendors fell off the radar, victims of a "double whammy".

Demand for energy and transportation tanked during the pandemic and this came on top of the rout in oil markets between 2014 and 2016.


State oil giant Petronas was forced to slash a third of its initial RM50 billion (S$16.2 billion) capital expenditure budget for 2020, most of which was dedicated to the domestic market. Last year, crude oil prices averaged about US$40 per barrel, down from over US$60 the year before.

Local OGSE players' reliance on Petronas - a key problem the blueprint will try to address - meant that over 700 companies went dormant last year, leaving just 1,563 players in the field.

Oil and gas have been a crucial plank of both the Malaysian economy and government revenue, making up to a fifth of the country's pre-Covid-19 gross domestic product. The supporting OGSE sector, which accounted for nearly half of that contribution, has lagged in adopting new technologies and inefficient businesses suffered during last year's crash.

"It is hoped that this blueprint will result in them scaling up the operations. We want them to go overseas as well. By merging with each other... they can do more research and development... You need to be on the ball in terms of the latest technology," Economic Planning Minister Mustapa Mohamed told reporters after Tuesday's (April 27) launch.

The blueprint outlines incentives for mergers, consortium-building and technology adoption, alongside an RM25 million OGSE Development Grant to help smaller firms commercialise innovative solutions.

Malaysia's OGSE sector generates about US$16.4 billion (S$21.7 billion) in revenue annually, with less than a third coming from exports.

This compares unfavourably with Norway - which Malaysian Petroleum Resources Corporation (MPRC), the lead agency tasked with developing the OGSE landscape, calls the "gold standard" - as well as the United Kingdom.

Both countries in Europe reap over US$35 billion a year from a less fragmented industry of just 1,200 firms each. Norway's OGSE sector also filed 960 patents in the last five years, and the UK had 381, compared with a paltry 36 for Malaysia.

Among the blueprint's targets are to see the OGSE sector contribute up to RM50 billion to Malaysia's GDP by the end of the decade, up from RM21 billion last year, and provide 60,000 highly-skilled jobs, 1,000 more than the existing largely semi-skilled workforce. In line with long-term plans for Petronas to increasingly expand its footprint internationally, OGSE players will also be expected to derive half of their revenue overseas, similar to their Norwegian counterparts currently.

Another crucial push will be to diversify revenue streams, with a quarter of billings by 2030 to come from outside oil and gas. MPRC chief executive Yazid Ja'afar pointed to "adjacent" industries such as renewable energy, where public-listed Eversendai Corp has bagged several offshore wind deals.

Datuk Seri Mustapa said it was imperative that OGSE players create low-carbon solutions with the ongoing push to "decarbonise" receiving a boost from the Leaders Summit on Climate hosted by United States President Joe Biden last week.

"We are encouraging the industry to explore the ESG (environmental, social and governance) element," Mr Yazid told a press conference. "Once you comply with the requirements, you will open up a whole world of US$59 trillion (of investment funds) by 2025."

Posted by Flybythenite > 2021-04-27 19:44 | Report Abuse

OnG up up up!

Posted by pang72 > 2021-05-19 10:47 | Report Abuse

.... Heng Huat Heng...