Posted by nomanland > 2015-12-09 23:37 | Report Abuse

Crude Oil Inventories -3.568M

Posted by alex3388 > 2015-12-10 09:02 | Report Abuse

new for knm > http://www.theedgemarkets.com/my/article/no-recovery-sight-yet-oil-prices-2016

Posted by alex3388 > 2015-12-10 09:04 | Report Abuse

If oil price keep continue 2 to 3 year low price, have alot oil company will bankruptcy!!

Posted by nomanland > 2015-12-10 09:35 | Report Abuse

alex3388, thank for the link.

“Downstream-focused players like KNM Group Bhd ( Valuation: 1.10, Fundamental: 0.85) and Petronas Chemicals Group Bhd ( Valuation: 0.70, Fundamental: 2.70) may see better business profitability due to low oil prices, [but it may be challenging] for upstream-service players like the offshore support vessel and rig players, due to their strong correlation with oil prices should [the] prices continue to stay low,” said Lim.

Posted by nitetrader > 2015-12-10 15:36 | Report Abuse

They will not go bankrupt, they will just cut on their investment massively till it improves

Posted by nomanland > 2015-12-10 19:29 | Report Abuse

http://oilprice.com/Energy/Oil-Prices/This-Suggests-An-Oil-Price-Recovery-Might-Be-On-Its-Way.html

http://oilprice.com/Energy/Energy-General/Tick-Tock-Time-Running-Out-for-Struggling-Oil-and-Gas-Drillers.html

http://fuelfix.com/blog/2015/12/08/some-offshore-supply-vessel-companies-teetering-on-bankruptcy/

Posted by vews08 > 2015-12-11 08:48 | Report Abuse

Just hold it.

Posted by vews08 > 2015-12-11 08:49 | Report Abuse

Anything go down will up one day

Posted by lextcs > 2015-12-11 08:52 | Report Abuse

yes...a program buying is most effective way to capitalize on weak prices. Some thing like a dollar averaging system will be great.

Posted by carilembu > 2015-12-11 12:35 | Report Abuse

masa beli

Posted by Pensel Rotan > 2015-12-11 15:00 | Report Abuse

10mill BUY que at RM0.50 perghhhhhh....

Posted by nomanland > 2015-12-11 15:07 | Report Abuse

... the Russians are arriving tomorrow...oops! dated 10/12/2015... today... ;)

Posted by Pensel Rotan > 2015-12-11 16:33 | Report Abuse

13.8mill now que to buy at level RM0.50

Posted by alex3388 > 2015-12-11 20:58 | Report Abuse

http://finance.yahoo.com/news/crude-oil-prices-continue-fall-123045222.html

Posted by ivan9511 > 2015-12-12 03:03 | Report Abuse

I think oil price will become stable sooner or later , because oil is a very important Resources .
So still got hope .
haha

Posted by nomanland > 2015-12-12 19:02 | Report Abuse

http://www.platts.com/latest-news/oil/moscow/novak-says-russia-against-global-oil-output-rise-26308450
...
While Novak did not take part in that OPEC meeting in Vienna, Russia is expected to take part in the next expert-level meeting between OPEC and some non-OPEC producers on global oil markets on Tuesday. (15/12/2015)
...

Posted by snwong13 > 2015-12-13 07:02 | Report Abuse

.
http://www.telegraph.co.uk/finance/comment/12047399/Why-it-wont-be-long-before-oil-prices-rise-again.html

"So, low oil prices feel nice. But there will be relief in many quarters, not just among Opec members, when prices go back up."

Posted by alex3388 > 2015-12-13 15:34 | Report Abuse

Monday no eye see oil counter!!!

Posted by foodie > 2015-12-13 15:45 | Report Abuse

Kmn OnG meh?

Posted by snwong13 > 2015-12-13 18:16 | Report Abuse

.

Last 5 Days OPEN HIGH LOW SETTLEMENT
12/11/15 36.63 36.84 35.16 35.62
12/10/15 37.27 37.54 36.38 36.76
12/09/15 37.86 38.99 36.87 37.16
12/08/15 37.68 38.58 36.64 37.51
12/07/15 40.10 40.15 37.50 37.65

Posted by mason > 2015-12-14 09:50 | Report Abuse

i already said it will below 50sen, nothing is impossible...

Posted by RedEmperor > 2015-12-14 11:59 | Report Abuse

don't worry, support at 50 very strong, overall market sentiment very bad.

Posted by DreamEmperor > 2015-12-14 12:20 | Report Abuse

Butut ah

Posted by DreamEmperor > 2015-12-14 12:21 | Report Abuse

wolume not bad

Posted by DreamEmperor > 2015-12-14 12:24 | Report Abuse

O&G stocks susah skt lor, sikalang time ...

Posted by carilembu > 2015-12-14 14:22 | Report Abuse

semua stock sakit hali ini kena ambil MC

Posted by alex3388 > 2015-12-14 17:56 | Report Abuse

caution for oil stock! coming.. coming... going drop!

Posted by RedEmperor > 2015-12-14 21:21 | Report Abuse

nomanland if you are coming to the land down under catch up for coffee if you find yourself in Brisbane.

Posted by RedEmperor > 2015-12-15 09:43 | Report Abuse

do you know that Australia is declared as a "nomanland" or Terra nullius by the British back in 1788.

Posted by ThomasTrain > 2015-12-15 10:29 | Report Abuse

many thanx @nomanland! have a great trip!

Posted by nomanland > 2015-12-15 18:09 | Report Abuse

Just updated the chart.
http://klse.i3investor.com/blogs/tobuy/82922.jsp

Have a good evening, folks!

ps: I will update the chart until 18/12/2015. I am going Down Under for a month plus, work+holiday.

Posted by nomanland > 2015-12-15 18:11 | Report Abuse

RedEmperor, coffe rain cheque. tight schedule. Melbourne and Sydney.

Posted by nomanland > 2015-12-15 18:13 | Report Abuse

RedEmperor ,ThomasTrain, you all, have a good Cheerful Merry Christmas and Happy New Year. :)
Invest wisely.

Posted by yamatotrading > 2015-12-15 20:24 | Report Abuse

caught at 0.55... how...

Posted by nomanland > 2015-12-15 21:19 | Report Abuse

yamatotrading, If I am caught at 0.55, I will just wait it out or average it down with current price(or wait for FED rate announcement then decide). This counter is not for contra.

or wait for API Weekly Crude Oil Stock level (Wednesday, 5:35am), then decide to buy to average down
or wait for Wednesday, 1130pm for US Crude Oil Inventories, Thursday morning, 9:00am, decide...
or just enjoy your wonderful life, and consider your 0.55 as an investment which may or may not give a better return than Fixed Deposit.

Just a simple humble opinion.
Invest wisely.

Have a good evening to you.

Posted by yamatotrading > 2015-12-15 21:19 | Report Abuse

Thanks bro nomanland for the opinion. Keep in the fridge first then.

Posted by nomanland > 2015-12-15 21:36 | Report Abuse

if you all in share trading, US of A, Europe, and China economy is very important.

http://www.investing.com/economic-calendar/

08:30 USD Core CPI (MoM) (Nov) 0.2%
08:30 USD Core CPI (YoY) (Nov) 2.0%
08:30 USD Core CPI Index (Nov) 244.14
08:30 USD CPI (MoM) (Nov) 0.0%
08:30 USD CPI (YoY) (Nov) 0.5%
08:30 USD CPI Index, n.s.a. (Nov) 237.34
08:30 USD NY Empire State Manufacturing Index (Dec) -4.59
08:30 USD Real Earnings (MoM) (Nov) -0.2%

Posted by ivan9511 > 2015-12-16 18:16 | Report Abuse

Knm Good good well, very good everyday up up up, hahaha

Posted by strategisst > 2015-12-17 13:55 | Report Abuse

Have a safe trip bro nomanland... Stay fit and healthy as well as enjoying yourself....

Posted by nomanland > 2015-12-17 17:31 | Report Abuse

Bro strategisst, Sumatec, refer to the above link and scroll to the bottom, "More articles on..."
You might want to check out FRONTKN. Based on my chart, beginning of 3rd wave, if not mistaken.

Posted by nomanland > 2015-12-17 17:42 | Report Abuse

Here is the link for FrontKN
http://klse.i3investor.com/blogs/tobuy/88303.jsp

Posted by yifie_911 > 2015-12-22 00:18 | Report Abuse

EPF is acquiring

Posted by ivan9511 > 2015-12-22 03:00 | Report Abuse

any comment , can top up now?

Posted by Frank Soweto > 2015-12-22 05:19 | Report Abuse

Posted by ivan9511 > Dec 22, 2015 03:00 AM | Report Abuse
any comment , can top up now?

call this No +60-3-8946 3000 and ask for Ir Lee Swee Eng - Usually the General will have some gorengs activities for his loyal bravehearts around the festivities period n good luck :)

Posted by 891088 > 2015-12-22 07:31 | Report Abuse

Tokey banyak kedekut Mau up knm..sell now..OnG survive now to continue in luxury style..sell now or ur got nothing

Posted by nitetrader > 2015-12-23 00:02 | Report Abuse

This counter will definitely touch .7 in 2016. Supply and demand will cross line and the wings will be back for O&G. Buying in more!

http://www.cnbc.com/2015/12/21/oil-market-to-correct-in-2016-harold-hamm.html

Posted by yifie_911 > 2015-12-23 01:12 | Report Abuse

opportunity is coming?

Posted by nitetrader > 2015-12-23 02:40 | Report Abuse

It is definitely coming. The fluctuation is happening at the moment due to holding power.

Posted by nitetrader > 2015-12-23 03:14 | Report Abuse

Oilman Harold Hamm said Monday the oil market will recover in 2016 as supply and demand come into balance.

"We've seen tremendous growth in the market for our supply. It's up about 3 percent on an annual basis, so it's quickly correcting," the Continental Resources chairman and CEO told CNBC's "Squawk Box." "2016 will be the year for correction, and we estimate the first half."

Once market watchers see the supply and demand lines cross, prices will begin to recover, he added.

Global oil markets are estimated to be oversupplied by about 1.5 million barrels of crude a day. Commodity prices have plummeted from highs above $100 per barrel amid a rout that accelerated after OPEC decided to forgo production caps in November 2014.

Globally traded Brent crude oil fell Monday to its lowest level since July 2014, breaking below the $36.20 price level hit during the depths of the financial crisis. U.S. crude threatened to fall below $34.

Hamm said the industry does not necessarily need oil prices to return to $100 per barrel, thanks to efficiency gains in the U.S. oil patch. Drillers have lowered the cost of extracting hydrocarbons from shale rock through a process known as horizontal drilling.

Hamm said the price of oil will return to $40 to $50 in the first half of 2015. He also expects the gap between Brent and U.S. crude to narrow following the lifting last week of a 40-year-old ban on exporting crude oil from the United States.

Allowing producers to export U.S. crude will help the product find a market in countries with refineries capable of processing it, Hamm said, noting that foreign acquisition of U.S. refineries has reduced capacity for American oil.

Vagit Alekperov, CEO of Russian oil giant Lukoil, told CNBC on Monday the oil market will be able to sustain $40 to $50 per barrel next year.

"The current purchases taking place in the industry do not incentivize the development of new exploration projects. … The volumes of oil output will be going down, and as a result, its price will be climbing back, but that will happen during the mid term," he said through an interpreter.

Posted by snwong13 > 2015-12-23 08:20 | Report Abuse

.
The coming of IRAN!!

"Iran’s exports have fallen by ~1M bbl/day since 2011, the year before the start of western sanctions on Iran’s exports; Iran had 36M barrels of oil stored in offshore tankers as of last month"

http://seekingalpha.com/news/3001086-iran-s-return-to-oil-market-could-sink-crude-prices-5-15-imf-says?dr=1#email_link