Posted by SuperPanda > 2020-03-12 09:55 | Report Abuse

but still early, wait until dow below 20, bursa might 1.2k

Posted by Warriors88 > 2020-03-12 09:59 | Report Abuse

WTI Crude 31.30 -1.68 -5.09%
Brent Crude 34.21 -1.58 -4.41%

Posted by Warriors88 > 2020-03-12 09:59 | Report Abuse

Oil price already dropped 10% since last night

Posted by Warriors88 > 2020-03-12 10:06 | Report Abuse

WTI Crude 31.01 -1.97 -5.97%
Brent Crude 33.86 -1.93 -5.39%

Posted by Warriors88 > 2020-03-12 10:06 | Report Abuse

Crisis coming

Posted by Warriors88 > 2020-03-12 10:09 | Report Abuse

WTI Crude 30.90 -2.08 -6.31%
Brent Crude 33.67 -2.12 -5.92%

Posted by InvestorKING > 2020-03-12 10:15 | Report Abuse

It's already crisis now

Posted by Warriors88 > 2020-03-12 10:16 | Report Abuse

WTI Crude 30.84 -2.14 -6.49%(10 Minutes Delay)
Brent Crude 33.64 -2.15 -6.01%

Posted by Warriors88 > 2020-03-12 10:18 | Report Abuse

Sell before wti crude dropping 10% .
Idss soon

Posted by SuperPanda > 2020-03-12 10:34 | Report Abuse

crisis has started but yet to peak, you will see the effect coming one by one

Posted by SuperPanda > 2020-03-12 10:34 | Report Abuse

dow will drop below 20k pts, just wait

Posted by freddiehero > 2020-03-12 10:39 | Report Abuse

ya same view with u

Posted by Warriors88 > 2020-03-12 10:43 | Report Abuse

https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html

Posted by Warriors88 > 2020-03-12 10:58 | Report Abuse

Idss anytime, prepare for the worst

Posted by stupidddtrump > 2020-03-12 11:01 | Report Abuse

52% shorties, making ton of money

Posted by Mabel > 2020-03-12 11:02 | Report Abuse

This Saudi Arabia regime is really hopeless. Let see how long they can tahan..

Honestly, they cannot afford this..

Meow..

Posted by InvestorKING > 2020-03-12 11:03 | Report Abuse

Ya, more than 50% is by idss in volume, they are making huge money

Posted by Robinson > 2020-03-12 11:39 | Report Abuse

Mabel This Saudi Arabia regime is really hopeless. Let see how long they can tahan..

Honestly, they cannot afford this..

Meow..
-----------
sorpoh hows ur oil and gas counter ?

Posted by backdoorstockmarket > 2020-03-12 11:52 | Report Abuse

Saudi can't tahan? Saudi cost per barrel is only $3. Stop talking out of your backside

Posted by Warriors88 > 2020-03-12 12:02 | Report Abuse

Crude oil price will drop below usd 3.00.
Better beware of the worst .

Posted by Expertise > 2020-03-12 12:18 | Report Abuse

Below 3 you oso can imagine means whole world kena tutup kedai lor

Posted by Warriors88 > 2020-03-12 12:19 | Report Abuse

https://www.theedgemarkets.com/article/uae-joins-saudi-opening-oil-taps-row-russia-slams-crude-prices

Posted by Warriors88 > 2020-03-12 12:21 | Report Abuse

The oil war continues.

Posted by Warriors88 > 2020-03-12 12:21 | Report Abuse

WTI Crude 31.38 -1.60 -4.85%
Brent Crude 34.05 -1.74 -4.86%

Posted by InvestorKING > 2020-03-12 12:22 | Report Abuse

Actually I have been observing idss for Armada, knm and velesto, perdana don't have idss, idss volume for Armada is damn much for these two weeks

Posted by Warriors88 > 2020-03-12 12:22 | Report Abuse

Dropping another 5%, crude oil price will drop below usd 3.00

Posted by InvestorKING > 2020-03-12 12:23 | Report Abuse

But knm and velesto idss volume very little only, why all idss players like to short Armada??

Posted by Lukesharewalker > 2020-03-12 12:24 | Report Abuse

wait for April, where the over production comes in...it would be worse

Posted by Mabel > 2020-03-12 12:55 | Report Abuse

@Robinson

Mabel hows ur oil and gas counter ?
12/03/2020 11:39 AM

As explained earlier, it's still looking good. Thanks to our Russian connection, I managed to secure another 2 batches of Interceptor Serba Dinamik. My last collection was in early January 2020. These are my 7th and 8th collections. The other 5 batches was collected before the Bonus Issues and Share Splits. Just like Armada, I have also trading in Serba and applied the same principle - buying on dip and sell when it's on momentum

With this latest accumulation, my Interceptor Serba Dinamik has fallen from P1 to P2 in term of margin from my collections of Battleships.

What I did is to apply the Pareto principle (also known as the 80/20 rule). In economics, the original observation was in connection with population and wealth. Pareto noticed that approximately 80% of Italy's land was owned by 20% of the population. He then carried out surveys on a variety of other countries and found to his surprise that a similar distribution applied.

I have applied this principle when investing in my collection of battleships, the 80-20 rule maintains that 80% of outcomes (outputs) come from 20% of causes (inputs). In the 80-20 rule, you prioritize the 20% of factors that will produce the best results.

Meow..

Posted by Mabel > 2020-03-12 13:04 | Report Abuse

@Zuliana Mabel meow cat, u baru sedar kini kah tentang government Msia rugi kah?
Kalau oil price tak naik, government akan naikkan cukai nanti lah.

I harap oil price akan naik tak lama lagi supaya tak ada new taxes dalam apa bentuk sekalipun dikenakan di Msia.
12/03/2020 1:18 AM

Indeed Sis...

Each US$1 per barrel increase in oil prices brings the Treasury RM300 million in revenue per year. The plunge in crude oil prices is likely to cause the government to lose billions of ringgit in oil revenue that could see the fiscal deficit balloon under current spending plans.

At the price of US$48 per barrel for oil, Malaysia stands to have RM4.5bil shaved off from its oil revenue. And should the prices plummet to the range of US$20 to US$25 per barrel, the additional losses would be to the tune of between RM11.1bil and RM12.6bil.

Brent crude oil was at the range of US$36 per barrel as at press time yesterday..

Meow..

Posted by TAK1 > 2020-03-12 13:19 | Report Abuse

Saudi just put restriction to people movement oil output to be impacted what a yo yo.

Posted by TAK1 > 2020-03-12 13:26 | Report Abuse

Bailout for shale. Just wait 30 days market will be back to 50.

https://oilprice.com/Energy/Oil-Prices/Trump-Prepares-Aid-Package-To-Relieve-US-Oil-Producers.html

Posted by Warriors88 > 2020-03-12 13:27 | Report Abuse

https://www.ccn.com/dow-futures-crash-coronavirus-forces-trump-ban-european-travel/

Posted by i3lurker > 2020-03-12 13:29 | Report Abuse

the production cost of oil is less than USD1.00 for most countries

if it becomes 3, global boom, no more poor people

in the past world's money all went to middle east for them just buy Bentley as toys.

Posted by Expertise > Mar 12, 2020 12:18 PM | Report Abuse
Below 3 you oso can imagine means whole world kena tutup kedai lor

Posted by Warriors88 > 2020-03-12 13:29 | Report Abuse

Dow Jones futures crash again, sell and wait for the right timing

Posted by Warriors88 > 2020-03-12 13:31 | Report Abuse

https://www.ccn.com/dow-futures-crash-coronavirus-forces-trump-ban-european-travel/

Posted by TAK1 > 2020-03-12 13:31 | Report Abuse

Ape tax gov worker berhenti shjlah kalau sudah lebih orang dan rasuah kurangkan banyak sudah cover. Cut cost.

Posted by Warriors88 > 2020-03-12 13:31 | Report Abuse

Sell and wait for the right timing

Posted by TAK1 > 2020-03-12 14:12 | Report Abuse

1 british 2 american soldier killed in Irag base rocket attack. Sell and wait now.

Posted by tkl88 > 2020-03-12 14:49 | Report Abuse

War will damage oil output and will spike up the oil price.

Posted by AlvinTSK > 2020-03-12 15:22 | Report Abuse

Sound like a war which mean oil spike !!! so Buy !! lol

Posted by TAK1 > 2020-03-12 15:22 | Report Abuse

https://www.google.com/amp/s/www.bbc.com/news/amp/world-middle-east-51842744

Posted by AlvinTSK > 2020-03-12 15:23 | Report Abuse

Oil is always need in war and in a huge volume ... there is your demand !! Hurry or FOMO!!

Posted by TAK1 > 2020-03-12 15:26 | Report Abuse

Now buy and wait or sell and wait at this price.

https://community.oilprice.com/topic/10162-mbs-has-asked-the-former-saudi-energy-minister-al-falih-to-talk-to-russias-novak/

Posted by TAK1 > 2020-03-12 15:30 | Report Abuse

Mexico also involved most likely all non opec have to cut output to share burden if why only opec+. Looks good for 50. They dont like if the public get cheap oil.

https://oilprice.com/Latest-Energy-News/World-News/Mexico-Offers-To-Mediate-In-Oil-War.html

Posted by SuperPanda > 2020-03-12 15:31 | Report Abuse

im not sure your actual position but if only barakah -ve margin very surprising.. you bought scomies b4 consolidate, after consolidate is 22c and now only 6c

but its your self proclaim, i dont want to argue
________________
From the 13 battleships under P2 Oil and Gas, only Barakah is still with negative margin. The rest are all positive since I have been trading in all these counters meaning sell high and buy when it is low. Profit taking requires knowledge, efforts and experience. Overall margin in this sector is pretty decent with double digit margin.

Posted by Warriors88 > 2020-03-12 15:31 | Report Abuse

Armada will drop below 0.165

Posted by Ziko Ro > 2020-03-12 15:31 | Report Abuse

Opening dow falls 950 points!!

Posted by Ziko Ro > 2020-03-12 15:33 | Report Abuse

Brent falls 4.4 percent

Posted by TAK1 > 2020-03-12 15:35 | Report Abuse

Can get a super v only if war else mild v