Posted by limkokthye > 2020-10-29 16:32 | Report Abuse

oil big drop, keong gan liao

Posted by Alfonso > 2020-10-29 16:34 | Report Abuse

this stock totally keong gan to the top liao! unless tonight the oil price rebound to at least 5%

Posted by tkl88 > 2020-10-30 12:48 | Report Abuse

Top up more Perdana @0.125

Posted by tkl88 > 2020-10-30 12:50 | Report Abuse

Next Tuesday 3-11-2020 is US election day and on Wednessday 4-11-2020 we will know the result !
So, just countdown 3 trading days only !

For those who wanted to sailang, should sailang now or one day before the result is out, which is sailang before
or on 3-11-2020 (Tuesday) !

Huat ah ! Heng ah ! Ong ah !

Posted by limkokthye > 2020-11-02 08:12 | Report Abuse

Oil big drop because all European lockdown

Posted by tkl88 > 2020-11-03 17:54 | Report Abuse

Wow, oil price continue to spike up !
As at 5.42pm,
Nymex at => $38.16 (+1.35) (+3.67 percent)
Brent at => $40.20 (+1.23) (+3.16 percent)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-04 07:23 | Report Abuse

Wow, Dow Jones continue to spike up !
Dow Jones closed at=> 27,480.03 (+554.98) (+2.06%) !

World stocks super bull market is coming !

Posted by tkl88 > 2020-11-04 12:39 | Report Abuse

Latest US election update !
As at 12.25pm,
Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes,
Joe Biden just need only another 61 votes then will won the US election !

Huat ah ! Heng ah ! Ong ah !

Posted by tamp0i > 2020-11-05 16:51 | Report Abuse

Huge vol today but what happened ah? Buy sell same group kah

Posted by foo > 2020-11-06 11:47 | Report Abuse

KLCI up 36.88 points, Bursa gainers top 1,000 on US election, Budget 2021 bets
KUALA LUMPUR (Nov 5): The FBM KLCI closed 36.88 points or 2.52% higher at 1,501.49 while Bursa Malaysia’s indices for technology stocks and small market capitalisation (small cap) companies rose by a larger quantum as investors speculated on the outcome of the closely-watched US presidential election and as they looked ahead to the tabling of Malaysia’s Budget 2021 tomorrow. There were more than 1,000 gainers across Bursa today.
At 5pm today, the KLCI closed at its intraday high while Bursa’s Technology Index ended up 5.36% to become the largest-percentage gainer among the exchange’s indices. The Small Cap Index finished up 4.01%.
Bursa saw 6.92 billion securities worth RM3.89 billion traded across the exchange. There were 1,096 gainers versus 204 decliners as global stock markets rose ahead of a conclusive outcome from the US presidential election.
It was reported that stocks and currencies in Asia's emerging markets rose on Thursday as Democrat Joe Biden pulled ahead of Republican rival Donald Trump and was within striking distance of clinching a nail-biting US presidential election.
It was reported that the Democratic candidate is widely seen as likely to be less combative on trade policy and in relations with the region's growth engine China, and investors hope that it may clear the way for Asia's stronger recovery from the coronavirus crisis.
"Biden is a seasoned politician and will revert the United States to a trajectory of more conventional foreign policies and geopolitical manoeuvring, which is somewhat good for China and emerging economies at large,” Reuters quoted Mahesh Sethuraman, country head of global sales trading at Saxo Capital Markets, Singapore as saying.
In Malaysia, MIDF Amanah Investment Bank Bhd research head Imran Yassin Yusof told theedgemarkets.com today that "investor sentiment has improved on a possible Biden win."
Imran said that a Biden win is expected to reduce market uncertainties as Biden will likely be less confrontational on global trade affairs.
Meanwhile, Malaysia’s Budget 2021 is also a crucial highlight this event-heavy week which also saw Bank Negara Malaysia maintaining the Overnight Policy Rate at 1.75% on Tuesday (Nov 3).

Posted by foo > 2020-11-06 11:47 | Report Abuse

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said Budget 2021 is not the usual scheme as announced in previous years because the Budget this time involves a combination of solutions to support citizens’ livelihoods and the country’s economic growth as it fights against the COVID-19 pandemic.
Harian Metro quoted Tengku Zafrul as saying in an interview that Budget 2021, to be tabled by him in Parliament at 4pm tomorrow (Nov 6), will have to strike a balance between supporting the people’s livelihoods and the country’s economic growth.
Across Bursa today, top gainers included semiconductor manufacturers Malaysian Pacific Industries Bhd (MPI) and Unisem (M) Bhd after their share prices rose to record intraday highs at RM24.28 and RM6.16 respectively.
Both Bursa Technology index constituents pared gains when markets closed. At 5pm, leading gainer MPI ended at RM24.10 while Unisem finished at RM6.11 as investors took cue from US stocks' overnight performance.
Reuters reported that US growth stocks, currently comprising a large portion of names in areas such as tech, surged 4.31% as investors expected them to keep outperforming value stocks as they have in recent months.
It was reported that value names, which closed flat, are currently comprised of mostly cyclical stocks such as banks and energy.

Posted by mr yong > 2020-11-06 11:48 | Report Abuse

Biden Victory!
Get ready for a Year End Rally !
Some sectors and stocks to consider in Biden Era:
1) Biotech and Healthcare stocks
2) Tech stocks
3) Agriculture indices like Soybean, Wheat or Corn
4) Other countries indices that has trade war with US
5) Green Energy stocks

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

Superb good news !

Biden Wins Presidency, Ending Four Tumultuous Years Under Trump
https://www.nytimes.com/2020/11/07/us/politics/biden-election.html

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET

Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.

Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House.
Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century.
The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president.
With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.

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

Like that next Monday onwards world stock markets including our KLSE will spike up like mad already !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 14:39 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

Posted by moneycome123456 > 2020-11-09 21:06 | Report Abuse

I think oil and gas counter still need some time to go up. Patients...

Posted by tkl88 > 2020-11-09 22:05 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 23:17 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by tkl88 > 2020-11-10 00:28 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tamp0i > 2020-11-10 09:05 | Report Abuse

Ini kali lah....Up and never come down again!

Posted by tkl88 > 2020-11-11 02:11 | 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 08:01 | 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 19:08 | 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 calvin5025 > 2020-11-12 17:12 | Report Abuse

sell and sell

Posted by oasischeah > 2020-11-12 20:41 | Report Abuse

Some syndicates keep selling in batches of 5000 lots. You buy and they keep giving it to you. It takes a very big investor to counter these syndicates. Buy only if you intend to keep.

Posted by GuguGaga > 2020-11-13 16:28 | Report Abuse

Come on perdana go go go

Posted by moneycome123456 > 2020-11-14 14:20 | Report Abuse

Steady, slowly up. Everyday up 0.005

Posted by limkokthye > 2020-11-14 16:57 | Report Abuse

https://oilprice.com/Energy/Energy-General/The-Oilfield-Services-Sector-Is-Showing-Signs-Of-Recovery.html

Posted by Expertise > 2020-11-16 11:39 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/Why-The-Oil-Industry-Is-Set-To-Thrive-For-Decades-To-Come.amp.html

Posted by calvin5025 > 2020-11-16 13:07 | Report Abuse

do you know the below meaning? RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,556,941,898 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") IN PERDANA PETROLEUM BERHAD ("PPB") ON THE BASIS OF 2 RCPS FOR EVERY 1 EXISTING ORDINARY SHARE IN PPB HELD AS AT 5.00 P.M. ON FRIDAY, 6 DECEMBER 2019 AT AN ISSUE PRICE OF RM0.325 PER RCPS ("RIGHTS ISSUE OF RCPS")

Posted by GuguGaga > 2020-11-16 17:55 | Report Abuse

Gogogo perdana

Posted by Expertise > 2020-11-16 20:34 | Report Abuse

Oil price spike as modern data report 94.5% effective

Posted by tkl88 > 2020-11-17 07:46 | Report Abuse

Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-20 07:53 | 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 08:32 | 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

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

Posted by Zhen000 > 2020-11-20 17:57 | Report Abuse

死了啊~猛亏啊

Posted by Zhen000 > 2020-11-20 18:05 |

Post removed.Why?

Posted by Zhen000 > 2020-11-20 18:07 | Report Abuse

看来DAYANG和，NAIM，凶多吉少啊~

Posted by EviltigerXD > 2020-11-20 18:25 | Report Abuse

Aduh...

Posted by nicedurians > 2020-11-20 18:59 | Report Abuse

cup and handle already form. Monday may shootup

Posted by Wong Yi Ming > 2020-11-20 20:51 | Report Abuse

Cash flow still positive, loss because of impairment loss and deferred tax, all bad news came out, next week the price will shoot up because the oil price already stable.. RM50 per barrel soon.

Posted by kser > 2020-11-20 21:56 | Report Abuse

yup, u're right. it's not that bad overall. Those impairment allowance are just accounting treatment based on assumptions. If things g goes well, they will likely reverse out the allowance.

Posted by kser > 2020-11-20 21:56 | Report Abuse

however, expect the price to go down next monday due to knee jerk reaction

Posted by limkokthye > 2020-11-23 08:14 | Report Abuse

Panic sell panic sell

Posted by Godofgambler > 2020-11-23 20:42 | Report Abuse

Dayang quarter profit..
Perdana to follow

Posted by tkl88 > 2020-11-24 01:51 | Report Abuse

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

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by CKT1818 > 2020-11-24 23:16 | Report Abuse

oil price shoot like rocket. tmr price will shot above 0.20

Posted by Expertise > 2020-11-24 23:35 | Report Abuse

wow....is a good news,hope can touch usd50 by end of the year

Posted by tkl88 > 2020-11-25 06:50 | Report Abuse

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

Posted by tkl88 > 2020-11-25 07:20 | Report Abuse

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