From Monday until Friday close, the total outflow was recorded at RM1.1 billion, the largest foreign outflow for this year compared with last week’s RM447.9 million.
After seeing the Great Circus this week, I'm more inclined to see a very positive rebound next week.
It's high time for us to reaps what we have sow..
Anyone who can boast our economy and stock market will get my support.
not pessimistic, but are those factors make Barakah difficult?
1. in new QR,Net Worth drastic decreased from negative -195 thousand to negative -18 million
2. pn17 deadline coming soon
3. licence has been suspended for 3 yrs, following the suspension, Petronas including its subsidiaries and any petroleum arrangement contractors (PACs) will not award any new contract to PBJV during the suspension period.
4. drastic decline on Wall Street has definitely changed the landscape to negative
Last year, I saw quite a number of Investors in 13 were discussing about KFC menu. Unfortunately since early this year, they have started discussing to downgrade their menu to Maggie Mee....
This is really bad...I really feel sorry for them...
That's why I would Support and Vote for anyone who can change the Menu to Lobsters, King Crabs and Abalone...
We gotta have patience. Political instability + oil price instability + covid-19 = even if Barakah, or heck, most counters make profit, the price isn't going to move upward very much. Too much fear of the unknown.
Remember though, when the market is scared, come armed with knowledge, it's like discovering gold!
Remember, turning profit is just step 1. Step 2 is announcement on Petronas case. Given the political and economic concerns, Petronas should do the right thing and settle with Barakah outside court, retract the blacklisting, it's a win-win for both Malaysian companies.
Saudi and Russia spent so much time to stablise the oil price for the past 3 yrs sucessfully. they know the pain of low price. this round wont last very long but saudi need to do something to push russia back to table to agree on the oil cap reduction...
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3141 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mabel
23,657 posts
Posted by Mabel > 2020-02-29 07:48 | Report Abuse
Indeed
Happy for you..
Meow Meow Meow