I'm wondering should i enter this counter at RM1 as at today..eventhough TP RM1.34, O&G market is still very volatile..should have bought it last 2 weeks...any good feedback guys?
Crude oil prices are likely to average between US$65 and US$70 per barrel in June this year, on the back of growing demand from India, China and Africa, says former finance minister Tun Daim Zainuddin.
Oil continue to moving into healthy direction. Barakah n Dayang is the same bet due to low PE, high profit Margin, profitable and growing top and bottom line. Investor will love this counter
KUALA LUMPUR - Market sentiment on Bursa Malaysia is expected to remain positive next week, giving a further lift to the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI). Affin Hwang Investment Bank Head of Retail Research Datuk Dr Nazri Khan said last Friday's positive sentiment, boosted by external news like the ceasefire in Ukraine, rising oil prices, an easing of tension over the debt repayment of Greece and further central bank policy accommodation in China and Sweden, would spur risk appetite next week. "In Asia, we saw a strong overnight showing, driven by liquidity injection from China's central bank and overall regional currency strength," he added. He told Bernama the recent back-to-back strong positive economic data released by Bank Negara Malaysia of 5.8 per cent fourth quarter 2014 and full year growth of 6.0 per cent, suggested that the country's economic fundamentals remained intact, and would influence sentiment. This is alongside Standard and Poor's Rating Services having reaffirmed Malaysia's currency ratings with a stable outlook, Bank Negara's strong international reserves of RM386.5 billion as at Jan 30, 2015 and a 7.4 per cent growth in the Industrial Production Index (IPI). During the week-just-ended, the FBM KLCI slipped 12.3 points to 1,800.95 from 1,813.25 the previous week, weighed on by the volatility in global oil prices and the loss in TNB's shares due to a tariffs adjustment. The key index, which broke its psychological level of 1,800, rebounded slightly on Friday, backed by the recovery in oil prices. Meanwhile, the FBM Emas Index fell 33.58 points to 12,428.34, the FBMT100 Index lost 55.15 points to 12,107.6, the FBM Emas Syariah Index trimmed 51.41 points to 12,929.56, while the FBM Ace dropped 219.8 points to 6,413.05. However, the FBM 70 increased 44.68 points to 13,503.28. Sector-wise, the Plantation Index surged 141.58 points to 8,164.92, the Finance Index rose 65.26 points to 15,922.45 and the Industrial Index added 7.39 points to 3,285.99. Weekly turnover doubled to 10.43 billion units valued at RM11.44 billion from 5.98 billion units valued at RM6.93 billion previously. Main market volume widened to 7.43 billion shares worth RM10.77 billion from 3.75 billion shares worth RM6.39 billion. Warrants turnover increased to 490.71 million units worth RM109.76 million from 261.78 million units worth RM76.46 million. The ACE market volume improved to 2.5 billion shares valued at RM556.11 million from 1.96 billion shares valued at RM460.54 million. - BERNAMA
Saipem S.p.A is the front runner for the T&I job, but sources is that Saipem S.p.A is pulling out of the bid due to consolidation of Middle East operations.
Barakah Offshore has emerged as frontrunner of the T&I job worth US$1bil (RM3.5bil) due to its already presence in Middle East and prior expertise with large T&I jobs.
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....
zaiabas
63 posts
Posted by zaiabas > 2015-02-06 20:11 | Report Abuse
Projek apa Petronas kasi?