Posted by flytothemoon > 2014-12-01 10:32 | Report Abuse

many ppl knew and understood this is an unfair deal when the right issue announced, just that most ppl very stubborn, willing to be trapped...

Posted by sheep > 2014-12-01 10:34 | Report Abuse

tomorrow margin call; force selling....

Posted by ketupatlazat > 2014-12-01 10:45 | Report Abuse

koyak!

Posted by alexisvics > 2014-12-01 10:47 | Report Abuse

All oil n gas counters are biggest losers..

Posted by Joeylee > 2014-12-01 10:53 | Report Abuse

Crude oil will drop to 20 from 65. This is not one day business. Continue next year again. Whole year. Do you want your money trap inside for 1 year ? 2016 not yet confirm it will rise. Cut the loss now. Pay attention to Pmetal and you will gain back what you loss next year..

Posted by Joeylee > 2014-12-01 10:55 | Report Abuse

If you want to buy oil & gas again. wait until 2017. Cut loss immediately.

Posted by Johnnys > 2014-12-01 11:10 | Report Abuse

after right issue it may fall to PN 17 and below 0.10 cents.
because it need right issue $$ for daily expanses.

Posted by Joeylee > 2014-12-01 11:11 | Report Abuse

We buy in stock upon confirmation. 2017 reenter again. Are you confirm next year it will rise ? Next year crude oil will reach 20 in year 2015. 2016 is doji year for crude oil. 2017 is the signal it will rise. 2018 it confirm rise. Do you want your money trap in here in such long ? People already makes tons of money by picking up the correct one but you still hold it. Terrible la this type of mindset. This stock I follow up from beginning. I gave warning from the beginning when it did not bounce from the point I predicted.

Posted by Terry Sinclair > 2014-12-01 11:33 | Report Abuse

Joeylee and I think alike...

Posted by Wai Kiat Wong > 2014-12-01 11:36 | Report Abuse

crude oil drop to usd20 per barrel? haha what a big joke.

Posted by Joeylee > 2014-12-01 11:40 | Report Abuse

Prediction is not done by me. It is by International elliot wave organisation. Soros also subscribes their signal when he bought a lot of sterling and sold it. Same with hongkong dollar and thai baht.

Posted by Joeylee > 2014-12-01 11:42 | Report Abuse

I believe what they predicted is true. Soros becomes well known to the world by following their prediction.

Posted by DickyMe2 > 2014-12-01 11:42 | Report Abuse

WTI..Approaching USD$64...If these USD$60 to USD$64 doesn't provide support...Wait for USD$50....I expect some support around this level ( 60 to 64 ).

WTI opened gap down and hit 61.8% it is trying to rise..

http://postimg.org/image/si2rj2fj1/

Don't buy during a falling knife...It could be a trap. Wait for signs of recovery. At the moment, no sign of buyers in WTI Crude

http://postimg.org/image/gh77o3vh9/

Posted by DickyMe2 > 2014-12-01 11:43 | Report Abuse

O&G firms retrenchment on the cards.

Posted by LuoLi > 2014-12-01 11:49 | Report Abuse

Wow what a bargain price for KNM! I'm going in now. 300k@0.485

Posted by Joeylee > 2014-12-01 12:14 | Report Abuse

I believe crude oil price still tumble. Government stops subsidy next month until further notice. Basically this annnoucement is not last for 1 month only. They already know the crude oil price continues sliding down for 1 year.

Posted by Joeylee > 2014-12-01 12:16 | Report Abuse

Banking sector lends so much money to oil and gas now is also suffered.

Posted by calvintaneng > 2014-12-01 12:18 | Report Abuse

Luoli

Must sell if rebound. Or it might drift lower.

Posted by kaizoke > 2014-12-01 12:20 | Report Abuse

oil price will drop below 60usd/barrel. this will make the market drop further below.
so i decided not to buy.. until i see the trend going up

Posted by fred2758 > 2014-12-01 12:50 | Report Abuse

Joeylee who told you crude oil will drop to 20 per barrel? Can you please enlighten me?

Posted by Joeylee > 2014-12-01 13:01 | Report Abuse

Elliot wave international organisation and another confirm source is from our government.

Posted by Joeylee > 2014-12-01 13:03 | Report Abuse

Government never stop subsidise to us except this time is exceptional.

Posted by Joeylee > 2014-12-01 13:11 | Report Abuse

Do you read newspaper or not ? Do you know the news ?

Posted by Joeylee > 2014-12-01 13:17 | Report Abuse

EPF is a major holder now is looking people to subsitute their positions.

Posted by Joeylee > 2014-12-01 13:19 | Report Abuse

You do not buy it. Impossible they will drop it until EPF announce buyback again to average it up. Therefore price would not drop if there is no buyer. Look for EPF buyback news. Buyback news is the average news.

Posted by Joeylee > 2014-12-01 13:31 | Report Abuse

Average news is important. Now EPF is 80m. To average it up must require another 160m. You see another 160m injected in, then this is the price it will rise. EPF is fully commited to raise up the price when 160m injected in.

Posted by DeHouse > 2014-12-01 13:31 | Report Abuse

This is the fear and ppl dumping oil and gas share for a reason. But this is a consumable products, this easily back on track in demand. I believe you guys can buy in KNM, Skpetro, Dialog for sure after mid 2015, and hold for half year. Easily get good profit. But now, This is the time for Airsia, and at least for 6-8months show. !

Posted by DeHouse > 2014-12-01 13:31 | Report Abuse

Dont waste the golden chance!

Posted by Joeylee > 2014-12-01 13:39 | Report Abuse

Airasia has a big opening gap..Dangerous to buy in. Buy pmetal now.

Posted by systane > 2014-12-01 14:06 | Report Abuse

everybody working hard to promote their counters... better stay sideline aa until the turbulence is cleared.. keep cash..

Posted by Wai Kiat Wong > 2014-12-01 14:09 | Report Abuse

Anyone believe OPEC will let the price fall until USD20 per barrel?

Posted by Joeylee > 2014-12-01 14:10 | Report Abuse

Look at the chart 0.485 is near to 0.38 .. Only 0.10 different. Dangerous. Go down to 0.38 then 0.3, 0.2, 0.1 and stagnant in 0.1 for many years as happened from 2012 to 2013.

Posted by bearguy > 2014-12-01 14:13 | Report Abuse

it is not an oil and gas company. it is supply plant and equipment to those company. OPEC does not want to cut production, actually no direct affect knm business. sumore knm not only supply plant to OnG sector only.

Posted by Gusen > 2014-12-01 14:15 | Report Abuse

buy call, buy call

Posted by systane > 2014-12-01 14:25 | Report Abuse

agree... knm is fabricator and equipment supplier to o&g, power gen, and industry.. it has no direct impact to crude oil price, but more towards indirect impact as capex from the clients will be reduced in view of lesser revenue..

Posted by kengfp > 2014-12-01 14:50 | Report Abuse

Good chance to average down

Posted by skybursa > 2014-12-01 14:57 | Report Abuse

Not yet bottom . Wait until oil price drop close to 50 a barrel

Posted by jackkyip > 2014-12-01 15:07 | Report Abuse

0.43 tmr....???? zzzz....oil will drop more!!!!

Posted by Heng611 > 2014-12-01 15:09 | Report Abuse

bought some @48.5

Posted by Eddy Wong > 2014-12-01 15:27 | Report Abuse

lol , still got ppl buy in ....

Posted by mohd2014 > 2014-12-01 15:32 | Report Abuse

any chance to recover tmrw?

Posted by kakisaham > 2014-12-01 15:55 | Report Abuse

tomolo lagi down lo

Posted by pisangroad > 2014-12-01 16:14 | Report Abuse

Wait for it to drop further.

Posted by NewBuddy > 2014-12-01 16:16 | Report Abuse

better run..

Posted by tnaplus4 > 2014-12-01 16:20 | Report Abuse

With this round of selling pressure, quite certain to drop to 0.4 level.

Posted by Joeylee > 2014-12-01 16:28 | Report Abuse

Open up 1 hour chart. Tomorrow still continous dropping. Hancur la..

Posted by Joeylee > 2014-12-01 16:29 | Report Abuse

The rest already pull a brake already except oil and gas.

Posted by Joeylee > 2014-12-01 16:32 | Report Abuse

0.7-0.85 is wave 12 and 0.4- 0.55 is wave34. Wave 5 is at 0.1.

Posted by Joeylee > 2014-12-01 16:34 | Report Abuse

When enter at 0.1 region. Stagnant for how many months I do not know..

Posted by asriruslan > 2014-12-01 16:37 | Report Abuse

0.40 on the way