Posted by mf > 2020-03-28 21:34 |

Post removed.Why?

Posted by Investsucess Trader > 2020-03-28 22:54 | Report Abuse

Just wait at 0.10-010, then enjoythe show......... meow..mahu.......

Posted by GoodTrade > 2020-03-28 23:46 | Report Abuse

Now everyone is talking about world in surplus of 20 mil barrels of crude oil per day, demand is 20% less than supply ... be cautious ...

Posted by GoodTrade > 2020-03-28 23:57 | Report Abuse

I would not be surprised if Brent oil price go below $20 in short period of time ...

Posted by SuperPanda > 2020-03-29 01:18 | Report Abuse

im not against buying but only ask to wait for cheaper cost to buy based on current market, 0.1 would be good price and i believe it would happen

Posted by Mabel > 2020-03-29 09:41 | Report Abuse

Meow..

Posted by mf > 2020-03-29 09:54 | Report Abuse

sell

Posted by Investsucess Trader > 2020-03-29 10:16 | Report Abuse

not yet buy how to sell? short selling not allowed......

Posted by apanama > 2020-03-29 17:54 | Report Abuse

Mabel..maybe this period is collecting period phase..after June ..rally start? maybe yes maybe not..whatever it is ..i have strong feelings V shape recovery for oil due to Wuhan is already back to business and China is already back to business.. perhaps it takes two months for good news to be digested by stock market.

As long as Dow Jones above 20000 after strong rebound recently its good enough..same goes with FBMKLCI as long as above 1300 points is good enough. For Brent as long as strong support at USD 25-29 is good enough for two months periods..When its come to June, it will start to rally until December 2020.

Based on my personal research, normally Brent crude oil will gain around USD 20-25 during USA Presidential election. So November is just how many months to go...

Take care people and all the best to all market warriors..

Posted by Mabel > 2020-03-29 19:07 | Report Abuse

Meow apanama..

Posted by Investsucess Trader > 2020-03-29 20:23 | Report Abuse

I will buy on friday, auspicious day

Posted by apple168 > 2020-03-29 20:54 | Report Abuse

https://www.bloomberg.com/news/articles/2020-03-29/the-global-oil-market-is-broken-drowning-in-crude-nobody-needs

Posted by Will76 > 2020-03-29 22:49 | Report Abuse

News from CNBC

Oil prices dropped nearly 5% on Friday and were on track for a fifth straight weekly loss as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world.

Brent crude was trading 5.1% lower at $24.99 per barrel.

U.S. crude fell $1.09, or 4.8%, to settle at $21.51 per barrel.

Stocks fell sharply on Friday, giving back some of the strong gains experienced in the previous three days to cap off another volatile week on Wall Street.

The Dow Jones Industrial Average dropped 915.39 points, or 4.1%, to 21,636.78. The S&P 500 slid 3.4% to 2,541.47 while the Nasdaq Composite closed 3.7% lower at 7,502.38.

Posted by vespa > 2020-03-29 23:49 | Report Abuse

just about over a third of the world is housebound. This pandemic may last over a month , in the UK it has been suggested about three months; so let us be a bit more cautious.

Posted by ironman21 > 2020-03-30 00:02 | Report Abuse

huge debt is still main headache for armada.. if the coming quarter result still making loses, then GG liao....

Posted by ming > 2020-03-30 04:11 | Report Abuse

No worry.. WTI still no break earlier low..

Posted by safethanregret > 2020-03-30 07:51 | Report Abuse

Meow Mabel

It is interesting to read your type of investors and economic situation surrounding equities. Strong capital based investor usually strategize a medium to long term investment. Though there are advantages and disadvantages, along its journey, situation of the day affects emotion and sentiments that challenges discipline of original intention.
As bottom line is profit, to-date dynamic, day trader may be a good alternative in this volatile market scenario. However, each trading day is like SEAL or Delta Force landed on target. On scene Commander has to scan price movement like a hawk for the slightest sign. As this target composite comprises of mix varieties, the biggest challenges is auto traders. Hence, if you or anyone can share what criteria does this auto trader normally set on to trigger price or volume change. Thanks.

Posted by OOMMGG > 2020-03-30 07:52 | Report Abuse

Can US set the oil price? Look unlikely as many will oppose it? What else can do as excessive oil is now influx to market may over 20 million barrel per day.

Even Saudi stop to flush the additional capacity of 3 million in 1 April, it seen doesn't Help much. 3 million is just drop in ocean now.

Posted by OOMMGG > 2020-03-30 07:54 | Report Abuse

Trump always does the crazy thing where no president does before. Set the price for oil..... seem ridiculous?

Posted by OOMMGG > 2020-03-30 08:01 | Report Abuse

Who, what can salvage the situation? Everyone is thinking now.

Posted by OOMMGG > 2020-03-30 08:04 | Report Abuse

Many believe below 20 per barrel is very close now. Unthought of it..... yes anything can happen

Posted by mf > 2020-03-30 08:48 | Report Abuse

sell

Posted by freddiehero > 2020-03-30 08:48 | Report Abuse

no interest 0% for the 1st year, sure business die kaw kaw......

Posted by Sonnykwaeh > 2020-03-30 08:50 | Report Abuse

dont worry now no more short selling ..after market open will drop within 45mi...after will turn green

Posted by Kopimilo > 2020-03-30 08:57 | Report Abuse

https://oilprice.com/

Posted by armadatuah2017 > 2020-03-30 09:48 | Report Abuse

why it didnt drop? waiting for it to drop.

Posted by SuperPanda > 2020-03-30 11:20 | Report Abuse

0.1 is coming

Posted by Mabel > 2020-03-30 11:29 | Report Abuse

@safethanregret Meow Mabel

It is interesting to read your type of investors and economic situation surrounding equities. Strong capital based investor usually strategize a medium to long term investment. Though there are advantages and disadvantages, along its journey, situation of the day affects emotion and sentiments that challenges discipline of original intention.

As bottom line is profit, to-date dynamic, day trader may be a good alternative in this volatile market scenario. However, each trading day is like SEAL or Delta Force landed on target. On scene Commander has to scan price movement like a hawk for the slightest sign. As this target composite comprises of mix varieties, the biggest challenges is auto traders. Hence, if you or anyone can share what criteria does this auto trader normally set on to trigger price or volume change. Thanks.
30/03/2020 7:51 AM

Hello safethanregret

Warren Buffet said "Never invest in a business you cannot understand.”

I suppose everyone have different views in making their respective investments. For me, it is easier if you invest on something that goes in line with the country’s direction and at the same time doing something that will benefits this Country as well as the Global community. I always has this rule of thumb when I made my investments. I do this as it will benefits the people surrounding me and also to the Global Community.

10 years from now as I look back, I want to feel that I was part of these success stories. Just to give you a flavor, here's my Business Plan for 2020 for one of my 4 Boutiques.

Oil & Gas – I have invested in 12 Energy Companies.

Catalyst
20% of government revenue in 2020
50 Billion Petronas Capex
Each US$1 per barrel increase in oil prices brings the Treasury RM300 million in revenue per year.

One of my motivation for keeping Armada in my collection of Battleships is because of it's the only ship with FPSO capabilities and you know very well that FPSO is a growing business and not dependent on Malaysian Business. Armada is a Global Players. So I actually have two choices...Armada and Yinson..

Orderbook: Armada(17.5+10Bil), Yinson (est RM40bil)
Core Profit - 53mil - RM90.9mil (Can check the IB Report)
PE : Armada(0.31/0.04 = 7.75X), Yinson (7/0.2216 = 31.5X)
Price to book value : Armada (0.3/0.55 = 0.55X), Yinson (7/1.58=4.43X)
Current Ratio: Armada (2.24/2 = 1.49X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(14Bil/9.5 = 1.47X), Yinson (9.5/5.58 = 1.7X)

Compliments from RJ87. This 2 company are quite similar. If u don't like the debts, you discount 50% from Market Cap. Armada at least worth RM4bil at 60sen. If you don't want discount from market cap. Discount from 70% from earnings, at PE 12 is 48sen. Yinson can go buy premium. Come to Armada, discount this discount that.

Based on the latest developments, it also means that our Black Pearl Armada battleships is at it's lowest pivoted point...

If you look at Armada's chart, our Battleship has started it's consolidation phase circa 30th December 2019. History has taught us that the lowest Armada has gone is circa 15-16 sen before it started to climb to 55 sen.

Previous panic sell off has triggered this Battleship to fall below the above threshold. So I recon those who managed to sailang earlier managed to secure the ship at it's lowest point.

Today we can see clearly how resilient this ship is. It has able to withstand fierce thunderstorms while other Battleships continue to fall. It is the uncertainty in the market that brings volatility. However if you do it right, it can also be an excellent opportunity to be a profitable adventure. It's also an opportunity to consolidate and reinvest in more gems battleship. Lately I have also started collecting Dayang and Hibiscus. Based on my last battle cycle, Armada has generated 3 Digits ROI with a very healthy margin.

With this success story, I'm actually looking forward to ride this 2nd wave. This time Armada will not be alone. She will be accompanied by her 11 other Battleships. With my latest accumulation this week, my Armada Fleets of 12 Battleships will be re enforced with Jet Fighters from Air Asia and Air Asia X to fight this War on Terror.

Salute!

https://www.youtube.com/watch?v=GzGtEPdmR3g

Captain Mabel Sparrow

Posted by Mabel > 2020-03-30 11:34 | Report Abuse

When I was a little gal, I love watching Dallas...

Now I feel like an Erwing Family..

https://www.youtube.com/watch?v=8sKX3tWaOew

The Erwing also loves big ranches..

That’s why I also love the Plantation Counters. My motivation for the Plantation Companies

Catalyst

Export revenue RM 67.6 billion (6.1% GDP)
Feeding more than 3 billion people over 200 countries.
B20 biodiesel for the transport sector by end-2020. Demand to increase palm oil by 500,000 tonnes per annum. Indonesia Petromina has mandated the use 3 million tons per annum

Meow

Mabel Erwing...

Posted by liegelord > 2020-03-30 11:37 | Report Abuse

steady for now...

Posted by up88up > 2020-03-30 11:43 | Report Abuse

meow Mabel :)

Posted by Mabel > 2020-03-30 11:46 | Report Abuse

Meow...

Posted by signalmw > 2020-03-30 11:55 | Report Abuse

All in

Posted by maggiemee > 2020-03-30 12:27 | Report Abuse

how low it can be? any TA or FA expert here to explain?

Posted by safethanregret > 2020-03-30 13:02 | Report Abuse

Meow.

Thank you for been a good corporate citizen and detail enlightenment. Wish you lady luck or well strategist effort in your investment soon to incorporate squadron of drones fitted with missile armaments. Cheers.

Posted by Mabel > 2020-03-30 14:00 | Report Abuse

Meow..

Posted by GoodTrade > 2020-03-30 16:06 | Report Abuse

Brent crude oil price is below $23 now ...

Posted by OOMMGG > 2020-03-30 19:04 | Report Abuse

Prepare for the worst to come.

https://www.bloomberg.com/news/articles/2020-03-29/the-global-oil-market-is-broken-drowning-in-crude-nobody-needs?utm_medium=social&utm_content=business&utm_campaign=socialflow-organic&cmpid=socialflow-facebook-business&utm_source=facebook

Posted by KAQ4468 > 2020-03-30 19:06 | Report Abuse

Pump lagi minyak pump lagi

Posted by KAQ4468 > 2020-03-30 19:07 | Report Abuse

Double the production

Posted by Investsucess Trader > 2020-03-30 19:12 | Report Abuse

here comes the pain and worries.

Posted by apanama > 2020-03-30 20:27 | Report Abuse

https://oilprice.com/Energy/Energy-General/Russias-Plan-To-Bankrupt-US-Shale-Could-Send-Oil-To-60.html

USD 60 is the target from Russia...Brent wont touch USD 20..

Posted by Investsucess Trader > 2020-03-30 20:39 | Report Abuse

Nama apa China or usa pun tak boleh buat apa....

Posted by johnbrooks > 2020-03-30 22:56 | Report Abuse

No analyst giving reports after oil fall? Curious to see how much they value this company...are the project still viable @ 20 dollar? Their client can still make money after this? Last time the issue was because of client cancelling contract. Now with price even lower, i think most would prefer not to pump if price is below cost..can the client cancel? How much was the compensation before when this happen?

Posted by shpg22 > 2020-03-30 23:17 | Report Abuse

Average oil price for 2020 expected to be USD18 per barell

Posted by GoodTrade > 2020-03-30 23:42 | Report Abuse

Brent oil below $22 ...

Posted by tkl88 > 2020-03-31 01:47 | Report Abuse

As at 1.47am,
Nymex=> $19.89 ‪(-1.62) (-7.53%)‬
‪Brent =>‬ $26.04 ‪(-1.91) (-6.83%)‬

Posted by tkl88 > 2020-03-31 02:05 | Report Abuse

As at 2.05am,
Nymex => $19.57 ‪(-1.94) (-9.02%)‬
Brent => $25.75 ‪(-2.20) (-7.87%)‬

Posted by tkl88 > 2020-03-31 02:40 | Report Abuse

Oil Prices Slide As Saudi Arabia Confirms Another Export Boost
By Tsvetana Paraskova - Mar 30, 2020, 9:00 AM CDT

https://www.google.com.my/amp/s/oilprice.com/Energy/Crude-Oil/Oil-Prices-Slide-As-Saudi-Arabia-Confirms-Another-Export-Boost.amp.html

Saudi Arabia is not backing down from the oil price war for market share, pledging another increase in its crude oil exports starting in May, despite a growing global glut amid crashing demand.
“[T]he Kingdom intends to increase its crude oil exports, starting from May, by about 600 thousand barrels per day, bringing the total of Saudi petroleum exports to 10.6 million barrels per day,” an official at the Saudi Arabian Energy Ministry said on Monday, as carried by the official Saudi Press Agency.

Posted by TAK1 > 2020-03-31 03:01 | Report Abuse

Tlk why cannot start in April or they forgot the month in their stupidity.