Posted by Depeche > 2020-03-13 13:08 | Report Abuse

At some point...OPEC and Russia are going to feel the ridicule to bleed from the pocket and return to talks... shale producers will either go bust or reduce Capex...bet on oil stocks better than tech stocks now...tech stocks still have long way to correct after rallying for so long.

Posted by acinanatucer > 2020-03-13 14:39 | Report Abuse

check this out !!
https://klse.i3investor.com/blogs/ongmy/2020-03-13-story-h1484836965-Analysts_favourable_towards_Upstream_O_G_players_with_MCM_services.jsp

Posted by hoyan3 > 2020-03-13 15:26 | Report Abuse

Perdana is link to new gov interest? Buy call

Posted by hoyan3 > 2020-03-13 15:30 | Report Abuse

More contracts expected to award to Perdana ?

Posted by icepumpkin > 2020-03-13 17:41 | Report Abuse

Bloodbath today.

Posted by limkokthye > 2020-03-13 19:51 | Report Abuse

time to buy during bloodbath

Posted by icepumpkin > 2020-03-14 20:02 | Report Abuse

Monday up. DJ index up 9.36%.

Posted by icepumpkin > 2020-03-14 20:03 | Report Abuse

https://www.google.com/amp/s/www.washingtonpost.com/climate-environment/2020/03/13/trump-oil-strategic-reserve/%3foutputType=amp

Posted by kmohan62 > 2020-03-16 11:27 | Report Abuse

When Dayang drops to between RM0.50 - RM 0.60..this counter will be less than RM0.05...

Posted by limkokthye > 2020-03-16 11:55 | Report Abuse

c liao

Posted by prince4 > 2020-03-16 12:35 | Report Abuse

Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom.

Posted by limkokthye > 2020-03-16 13:00 | Report Abuse

perdana in danger

Posted by limkokthye > 2020-03-16 13:08 | Report Abuse

buy what die what

Posted by limkokthye > 2020-03-16 16:57 | Report Abuse

run run run

Posted by limkokthye > 2020-03-16 19:34 | Report Abuse

stuck at 18sen,wtf

Posted by icepumpkin > 2020-03-16 20:30 | Report Abuse

Is ok. Js keep n sell when it goes up. Me too stuck at 15.

Posted by Depeche > 2020-03-16 21:52 | Report Abuse

Nightmare tomorrow

Posted by mf > 2020-03-16 21:54 | Report Abuse

Trading on Wall Street halted as S&P 500 tumbles 8%

Posted by Hunger4money > 2020-03-16 21:56 | Report Abuse

Stay cool guys, storms will be over eventually then sunny days ahead. I assume it will go back in 6 months time.

Posted by Expertise > 2020-03-17 00:24 | Report Abuse

Just calm....the worst will end.....world market is bad

Posted by limkokthye > 2020-03-17 01:04 | Report Abuse

keong gan d

Posted by Depeche > 2020-03-17 08:59 | Report Abuse

Get ready for nightmare

Posted by Depeche > 2020-03-17 13:52 | Report Abuse

No nightmare...rebounded very fast
..and riding on Daysng"s rebound rally

Posted by icepumpkin > 2020-03-17 17:09 | Report Abuse

Almost all counters rebounded very fast. Look like everyone is preparing to buy when market crash.

Posted by Depeche > 2020-03-17 18:05 | Report Abuse

Ride the wave while it lasts...the fireworks will soon be over.

Posted by DreamKentut > 2020-03-17 21:24 | Report Abuse

Last week's low safely breached! In a few minutes or hours, hopefully, Brent crude dips into US$28 territory. YAAAAAHOOOOOOOOOOOO...

Posted by Expertise > 2020-03-17 23:18 | Report Abuse

Brent crude oil still maintain at usd30 are you blind or newbie

Posted by Keyman188 > 2020-03-17 23:36 | Report Abuse

Oil prices could hit teens in coming weeks as markets crater over coronavirus and price war

Published Tue, Mar 17 20207:36 AM EDTUpdated 3 hours ago

~ Oil could fall below $20 a barrel and “stock markets could easily shed another 30-40% of their values,” one analyst said.

~ The biggest shocks will likely come after April 1, when Saudi Arabia and Russia ramp up their crude production after a previously-agreed OPEC+ deal expires.

~ “The last time there was a global surplus of this magnitude was never,” Jim Burkhard, head of oil markets at IHS Markit, wrote Monday.


**https://www.cnbc.com/2020/03/17/oil-prices-could-hit-the-teens-in-coming-weeks-as-markets-crater-over-coronavirus-and-price-war.html

Posted by Depeche > 2020-03-18 08:58 | Report Abuse

Downside is limited...even if oil dives below US$20...Perdana may be around 0.06 to 0.08...Dayang up Perdana follows...so no worries.

Posted by icepumpkin > 2020-03-18 09:48 | Report Abuse

One year later sure higher than the price now. Oil war til when? Both side will suffer. Malaysia also still rely on oil. Be patient.

Posted by Godofgambler > 2020-03-18 11:56 | Report Abuse

So strategy is how? Buy low sell high?
If low and low then delisted how?

Posted by Depeche > 2020-03-18 12:44 | Report Abuse

Never heard of buy high sell low.

Posted by Expertise > 2020-03-18 12:54 | Report Abuse

worries much put money to fd ...and our money will be smaller and smallest.

Posted by yoyo > 2020-03-18 13:32 | Report Abuse

Strategy always buy low sell high
Results always buy high sell low

haha!

Posted by icepumpkin > 2020-03-18 15:21 | Report Abuse

Js leave it til nex year. If y scared.. sell now lo. Absorb ur loss.

Posted by limkokthye > 2020-03-18 15:49 | Report Abuse

perdana is tan c liao

Posted by limkokthye > 2020-03-18 17:09 | Report Abuse

stuck @ 18sen, wtf

Posted by icepumpkin > 2020-03-18 18:43 | Report Abuse

Me 15cen

Posted by Alan Lobster > 2020-03-18 19:30 | Report Abuse

ke ho lang kan liao

Posted by limkokthye > 2020-03-18 21:16 | Report Abuse

oil price is super low

Posted by Depeche > 2020-03-18 21:27 | Report Abuse

Dayang sinks...Perdana will retreat but downside is limited...it's only 0.11 sens afterall...when Dayang rallies again...0.11 will be considered dirt cheap...of course can get below 0.10 better lo.
.

Posted by Will76 > 2020-03-18 22:39 | Report Abuse

Breaking News from CNBC

Oil plummeted 12% to a nearly 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude and as rising worries about a global recession lead to fears of longer-term demand destruction.

U.S. West Texas Intermediate crude fell 10.7%, or $2.75, to trade at $24.20 per barrel. At the session low, WTI dropped more than 12% to $23.60 per barrel, its lowest level since April 2002.

International benchmark Brent crude shed 6.2%, or $1.80, to trade at $26.92 per barrel. Earlier it traded as low as $26.65, its lowest level since Sept. 2003.

Posted by limkokthye > 2020-03-18 22:52 | Report Abuse

oil price will be 0.00

Posted by icepumpkin > 2020-03-19 09:11 | Report Abuse

Then sell lol

Posted by Godofgambler > 2020-03-19 12:27 | Report Abuse

Not 5 cents kah?

Posted by Depeche > 2020-03-19 17:16 | Report Abuse

Holding steady at 0.11...very good le....just waiting for Dayang to rally.

Posted by hasmah > 2020-03-20 09:57 | Report Abuse

perdana menteri turun minyak pun ikut turun

Posted by tuapuikia > 2020-03-20 09:57 | Report Abuse

no matter what share you buy, please hold and push the market up together!!

Posted by icepumpkin > 2020-03-20 13:10 | Report Abuse

How low can perdana drop? 5cen?

Posted by Max_Lui > 2020-03-20 14:51 | Report Abuse

Coronavirus found a cure and vaccines...World market rebound limit up!! Perdana route back to 40sen