Posted by Lucky88 > 2020-04-03 11:35 | Report Abuse

Today is Friday ........Profit day......Ha..Ha..Ha.. Huat ah...Huat ah.. Huat ah....

Posted by signalmw > 2020-04-03 11:40 | Report Abuse

Merah merah

Posted by signalmw > 2020-04-03 11:47 | Report Abuse

All look run b4 T2

Posted by Lucky88 > 2020-04-03 12:06 | Report Abuse

Lunch Time........Profit day.......

Posted by prince4 > 2020-04-03 12:13 | Report Abuse

Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just BUY BOTTOM LOW PRICES WITH CASH COMPANY . This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheapers stocks market will GORENG lows price stock at BOTTOM.

Posted by prince4 > 2020-04-03 12:13 | Report Abuse

MARKET NEVER SLEEP MONEY NEVER SLEEP just BUY BOTTOM LOW PRICES WITH CASH COMPANY . This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheapers stocks market will GORENG lows price stock at BOTTOM.

Posted by prince4 > 2020-04-03 12:14 | Report Abuse

SMART MONEY past few day go to VC ... Next later go which company...

Posted by Lucky88 > 2020-04-03 12:16 | Report Abuse

take profit today........next week buy in at LOW.........Ha..Ha..Ha..

Posted by Raymondlol > 2020-04-03 12:19 | Report Abuse

Q 0.12 heng ah ong ah huat ar!

Posted by HuatlaiOnglai > 2020-04-03 12:40 | Report Abuse

https://www.thejakartapost.com/news/2020/04/02/saudi-arabia-seeks-urgent-opec-meeting-to-stabilize-oil-market.html

Posted by HuatlaiOnglai > 2020-04-03 12:42 | Report Abuse

Here we go TRUMP

Posted by tkl88 > 2020-04-03 13:02 | Report Abuse

Saudi Arabia calls for emergency oil meeting: state media
THU APR 2, 2020 / 10:55 AM EDT
Reuters
https://www.google.com.my/amp/s/mobile.reuters.com/article/amp/idUSKBN21K2AD

(Reuters) - Saudi Arabia called on Thursday for an emergency meeting of OPEC and non-OPEC oil producers as it aims to reach a fair oil agreement to stabilize the oil market, state news agency SPA reported.

Posted by Hunger4money > 2020-04-03 13:29 | Report Abuse

For the first time, I love Trump so much...... Hahaha

Posted by therookieechingchong > 2020-04-03 14:21 | Report Abuse

https://www.opec.org/opec_web/en/press_room/5818.htm

Posted by signalmw > 2020-04-03 14:45 | Report Abuse

Jual apa... All in

Posted by tkl88 > 2020-04-03 15:08 | Report Abuse

Yes, Brent oil turn positive liao !
Now Brent at=> 30.00 (+0.06) (+0.20% ) !

Posted by therookieechingchong > 2020-04-03 15:32 | Report Abuse

Brent at=> 30.86

Posted by Lucky88 > 2020-04-03 15:39 | Report Abuse

Thank you Operators.......Today BIG BIG PROFIT......sell sell.sell......Huat ah..Huat ah..Huat ah..

Posted by waikee > 2020-04-03 15:48 | Report Abuse

hard die

Posted by therookieechingchong > 2020-04-03 15:48 | Report Abuse

32$ Brent

Posted by Lucky88 > 2020-04-03 15:49 | Report Abuse

Sell..Sell..Sell..

Posted by Lucky88 > 2020-04-03 15:55 | Report Abuse

Huat ah this time......BIG PROFIT...........

Posted by JJchan > 2020-04-03 16:07 | Report Abuse

Brent Oil jumps 1.81 almost 6% jump ( on today opening bell }----Saudi / Russian might have
Cut Deal----

Posted by JJchan > 2020-04-03 16:08 | Report Abuse

price now $31.73

Posted by tkl88 > 2020-04-03 16:08 | Report Abuse

Wow, Oil price spike up crazily again !
As at 4.05pm,
Nymex => $25.46 (+0.14) (+0.55%)
Brent => $31.35 (+1.41) (+4.71%)

Posted by signalmw > 2020-04-03 16:09 | Report Abuse

All in

Posted by signalmw > 2020-04-03 16:09 | Report Abuse

Mari mari

Posted by JJchan > 2020-04-03 16:13 | Report Abuse

Trump might impose a oil tariff at $40( shale breakeven cost ). Saudi might has a Cost (plus transportation $5) of $45 to sell into USA. Brent at $45 is a great relief to Malaysia too

Posted by Lucky88 > 2020-04-03 16:26 | Report Abuse

Ha..Ha..Ha.....BIG PROFIT today...

Posted by JayC88 > 2020-04-03 16:30 | Report Abuse

how come oil go up suddenly?

Posted by Leong1982 > 2020-04-03 16:35 | Report Abuse

LAST CALL ***LAST CALL *** LAST CALL

OPEC+ to Hold Virtual Meeting Monday as Trump Pushes for Cut

The OPEC+ coalition is rushing to pull together a meeting of its members -- and possibly other oil producing nations -- after President Donald Trump called for a coordinated production cut to stem the historic rout in crude prices.

A virtual meeting will be held on Monday, a delegate said. It will be open to all producers -- not just those among the Organization of Petroleum Exporting Countries and its allies -- but it’s not yet clear which will attend, according to delegates. The U.S. so far has given no indication it’s prepared to join.

Posted by Lucky88 > 2020-04-03 16:35 | Report Abuse

Next week more PROFIT..........Ha..Ha..Ha..

Posted by Lucky88 > 2020-04-03 16:37 | Report Abuse

Next week Huat ah !!!!!!!!!!

Posted by Mabel > 2020-04-03 16:50 | Report Abuse

Huat Chaiiii!

Posted by Mabel > 2020-04-03 16:51 | Report Abuse

Meow Meow Meow

Posted by Mabel > 2020-04-03 17:14 | Report Abuse

@drgondrong Mabel..you appeared to be a very principled person who invest by fundamentals and not emotions...I like that idea...do you have 'group' for me to join in???
03/04/2020 11:15 AM

Unfortunately I don't have Doc..

We can always do it in this Forum. I don't mind sharing what I know after all we are in this journey together..

All the best!

Meow..

Posted by JJchan > 2020-04-03 18:07 | Report Abuse

Oil now $32.77 (Up 2.83)---+9.45%....Tonite we wait for Trump tweet.....Monday, will Velesto hit 20cents?? depends on what Trump say tonite

Posted by tkl88 > 2020-04-03 18:38 | Report Abuse

Wow, Amazing, Oil price continue to spike up !
As at ‪6.37pm,‬
Nymex => $26.52 ‪(+1.20) (+4.74%)‬
Brent => $32.77 ‪(+2.83) (+9.45%)‬

Posted by Cojack31 > 2020-04-03 20:09 | Report Abuse

So monday share price will up ?

Posted by Baby Shark > 2020-04-03 20:39 | Report Abuse

Geranti up la..

Posted by Baby Shark > 2020-04-03 20:39 | Report Abuse

Spike or no spike also up..

Posted by Allantanks > 2020-04-03 20:54 | Report Abuse

Going to fly

Posted by RedEagle > 2020-04-03 21:28 | Report Abuse

LONDON (Bloomberg) -- The OPEC+ coalition is pushing for other major oil producers to join it in a deep reduction of global crude output and stem the historic rout in prices, a move that sent futures sharply higher.

A global cut of 10 million barrels a day is a realistic goal, according to a delegate, who spoke on condition of anonymity.

The Organization of Petroleum Exporting Countries and allies, a group led by Saudi Arabia and Russia, has already scheduled a virtual meeting on Monday and wants other nations to join talks as soon as possible.

The 10 million figure was first touted by President Donald Trump on Thursday, who called for a coordinated production cut.

He gave no indication whether the US would take part. For Saudi Arabia, it’s essential that producers including the Americans join in.

Trump is meeting oil executives later on Friday. Russian President Vladimir Putin is meeting his country’s oil executives too.

Oil surged on the news. But there are enormous obstacles to any deal.

Russia was quick to deny on Thursday that any agreement had been reached -- although it had said for weeks it’s open to talks.

Even if an accord can be struck, a cut of 10 million barrels would barely dent the glut of oil that has been created by the economic fallout of the coronavirus pandemic.

Traders estimate the lost demand could be as high as 35 million barrels a day.

And so far, there is no sign of any movement toward a truce in the ground war. Saudi Arabia is ramping up exports, as it promised to do.

But diplomatically the picture is more nuanced.

For several days, Saudi Arabia was wrong-footed by Russia, as Moscow sounded open to talks and blamed the price collapse on the kingdom.

Now, by saying it’s ready to cut, the kingdom has put the onus on Moscow, forcing the Kremlin to reverse their opposition to cuts, or be blamed -- by Trump among others -- for the damage.

Oil Jumps

Brent crude, which jumped more than 40% on Thursday after Trump’s announcement before paring gains, rose 11% on Friday. It’s still down 50% this year as the virus fight grounds planes and shutters huge swaths of the global economy.

In some corners of the market, physical prices have gone negative and some producers are expected to start suspending output as there’s not enough space to store the excess crude.

Tankers have filled up fast as ships are being used as storage rather than transport.

Oil-producing nations around the world are feeling the pain of the price war, which started a month ago after Russia refused to take part in deeper cuts, saying it would only extend the previous deal.

Saudi Arabia aggressively discounted its crude days later, in a move to seize customers from Russia’s traditional markets.

Shale producers in the US are struggling and national finances are under pressure. Russia, for example, is now expecting oil prices at US$20 a barrel this year and will ramp up borrowing to make up for a budget shortfall.

Saudi Arabia will also have to make deep budget cuts as oil accounts for the vast majority of its revenue.

The kingdom’s next move in the price war could come as soon as Sunday, when it sets official prices for its crude exports. The operation could be postponed, however -- as it was last month -- to avoid prejudicing the Monday meeting.

Washington’s Options

Trump will meet on Friday oil executives, who are battling among themselves as to what the administration should do.

The White House has considered tariffs on foreign oil imports to protect US producers, though the idea is opposed by some top Trump advisers led by Larry Kudlow, the director of the National Economic Council, according to people familiar with the matter.

The idea of a US production cut, probably executed by capping exports, is also on the table at the White House, though many oil industry representatives have warned that the approach would cause the US to cede the very "energy dominance” Trump has repeatedly celebrated.

Trump said on Thursday he expected a deal -- but made no mention of any role for the US.

"It would be great for Russia, it would be great for Saudi Arabia -- I hope they make that deal but that’s what they told me,” he said. "Can something happen where it doesn’t happen? I guess? In which case there’s another alternative, but I’d rather not see the other alternative.”

In his tweet, Trump said he had spoken to Crown Prince Mohammad bin Salman, who had in turn spoken with Putin. But a Kremlin spokesman, Dmitry Peskov, said the conversation hadn’t happened and that no production cut had been agreed to with the Saudis.

Russia hasn’t yet confirmed its attendance at the OPEC+ meeting. But Russia has long said it’s open to talks, and the industry may find itself forced into production cuts anyway because of the slump in demand, potentially bolstering the case for a coordinated response.

Posted by tkl88 > 2020-04-03 23:29 | Report Abuse

Walaoeh, Unbelievable !
Oil price spike up like mad !
As at 11.10pm,
Nymex => $27.19 ‪ (+1.87) (+7.39%‬)
Brent => $33.71 (‪+3.77) (+12.59%‬)

Posted by Lucky81 > 2020-04-03 23:43 | Report Abuse

consensus will not be reached on Monday, take profit n run.

Posted by tkl88 > 2020-04-03 23:47 | Report Abuse

Oil surges 13% on reports that OPEC and allies are working on a deal to cut production amid the coronavirus pandemic
Carmen Reinicke
Apr. 3, 2020, 10:27 AM

https://www.google.com.my/amp/s/markets.businessinsider.com/amp/news/oil-price-surges-report-opec-meeting-production-cuts-coronavirus-pandemic-2020-4-1029063327

* Oil prices surged Friday, continuing gains from the best day on record Thursday. 
* US West Texas Intermediate crude surged as much as 13% to $28.56 per barrel Friday, while Brent crude jumped 17% to $34.91 per barrel at its intraday highs.
* A Reuters report that OPEC and its allies will meet Monday to discuss a production cut amid the coronavirus pandemic fueled the gains. 
* Watch oil trade live on Markets Insider.
* Read more on Business Insider.

Oil climbed on Friday, extending gains from the best day on record Thursday, after OPEC and its allies said they will meet Monday to discuss a production cut amid the coronavirus pandemic, according to a Reuters.
US West Texas Intermediate crude surged as much as 13% to $28.56 per barrel after gaining 25% Thursday. International benchmark Brent crude jumped 17% to $34.91 per barrel at its Friday intraday highs, continuing the previous day's 21% gain. 
The cut could be around 10% of global supply, Reuters reported Monday, citing an OPEC source. The meeting to discuss a potential deal to curb production came after President Donald Trump told CNBC Thursday he expected Saudi Arabia and Russia to announce a deal to drastically cut oil production.

Posted by tkl88 > 2020-04-04 06:38 | Report Abuse

Superb, Oil Price closed at new record high !‬
Nymex => $28.97 ‪(+3.65) (+14.42%)‬
Brent => $34.83 ‪(+4.89) (+16.33%)‬

‪Next week definitely will break the USD $40 per barrel !‬
Huat ah ! Heng ah ! Ong ah !

Posted by bignate2019 > 2020-04-04 07:41 | Report Abuse

Have wonderful weekend guys

Posted by Abba84 > 2020-04-04 09:33 | Report Abuse

The energy sector wud stil face crushing demands as business brought to standstill .!oil prices wil not be sustainable wen ghosts of covid pandemics not beaten!

Posted by Leong1982 > 2020-04-04 09:53 | Report Abuse

Russian President Vladimir Putin told the country’s top oil executives that oil producing countries should join together to slash output to reverse the collapse in world oil prices.

Putin said global cuts of a little above or below 10 million barrels a day are possible, according to televised comments Friday. He echoed a Tweet by U.S. President Donald Trump saying Russia and Saudi Arabia were ready to cut output that sent Brent oil prices up as much as 47%.