Posted by anson938 > 2020-06-05 18:15 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 11:03:02 AM BST
41.03
+1.04 (+2.60%)

expected another rally for O & G by next Tuesday

Posted by Huat8huat8 > 2020-06-05 18:49 | Report Abuse

So glad I take profit. No more torturing thinking y cannot up.... Lol

Posted by jhwh0306 > 2020-06-05 18:52 | Report Abuse

Try to think like this
Before covid-19: oil usd60+-, velesto 0.40+-
Now: oil usd40+-, velesto 0.17+-
It's a chance for people to grab this before it rebounds back to that price. It's just a matter of time, sooner or later...

Posted by Huat8huat8 > 2020-06-05 18:56 | Report Abuse

Fast fish eat big fish. Lol. Good fish see boring shows every day. Been a good fish for nearly three months. Cannot tahan d.

Posted by Macgyver11 > 2020-06-05 20:07 | Report Abuse

Man man...if stock market moves straight upward then everybody can be a millionaire no need to work ma. Good thing takes time to materialize, patient is the key. Remember nothing is easy in this world....chillax

Posted by Trapps > 2020-06-05 20:30 | Report Abuse

Agree with macgyver11.

Posted by Huat8huat8 > 2020-06-05 20:48 | Report Abuse

Brent oil 42.44.... Why after I sold, going UP SO GREAT.... Don't know will I have chance to buy back 0175 next Tuesday..... T. T.

Posted by nasrulfahmi > 2020-06-05 20:49 | Report Abuse

next week may be good

Posted by Huat8huat8 > 2020-06-05 20:51 | Report Abuse

Maybe I am too obssed watching the profit by glove counter.... Really affect mind and decision. Haih....

Posted by Huat8huat8 > 2020-06-05 20:59 | Report Abuse

Omg........ Russia and saudi promised to cut oil production for another month.

Posted by Huat8huat8 > 2020-06-05 21:00 | Report Abuse

Price shooting up.

Posted by tkl88 > 2020-06-05 21:53 | Report Abuse

Wow, oil price spike up crazily !
As at 9.41am,
Nymex=> $38.81 (+1.40) (+3.74%)
Brent => $41.77 (+1.78) (+4.45%)

Posted by serpent100 > 2020-06-05 22:13 | Report Abuse

S&P 500 sector energy up 7%

Posted by anson938 > 2020-06-05 23:05 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 10:54:00 AM BST
41.99
+2.00 (+5.00%)
1D5D1M6MYTD1YALL

Posted by Huat8huat8 > 2020-06-06 00:12 | Report Abuse

Yes. I am newbie. Just sold 30k of this share. Am I missing something.... Big?

Posted by Kent33888 > 2020-06-06 02:46 | Report Abuse

Yes... In this 3 days usoil is still finding new high of oil producing cut until July, only Malaysia is holiday, so this time will same last week, gaps up

Posted by Pcmont123 > 2020-06-06 03:33 | Report Abuse

Big elephant can we move away..。。。。let this counter shooting up......promising like glove counters?????

Posted by Mabel > 2020-06-06 05:19 | Report Abuse

@Huat8huat8 Fast fish eat big fish. Lol. Good fish see boring shows every day. Been a good fish for nearly three months. Cannot tahan d.
05/06/2020 6:56 PM

Wait lah....

Just buy here... and continue having fun at Gloves.

When she's ready, she will shoot up..

That's why we are taught history lessons in schools...

It's a cycle..

Meow

Posted by tkl88 > 2020-06-06 07:28 | Report Abuse

Walaoeh, Amazing, Dow Jones was superb bullish !
Dow Jones closed at=> 27,110.98 (+829.16) (+3.15%)

Next week all stocks in KLSE especially O & G stocks will be spike up till sky high !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-06-06 07:36 | Report Abuse

Everyone shouldn’t sell all their stocks in hand right now,
MCO will finished on 9 June 2020, our economy will start booming and become prosperous after that, we should keep beyond 2021 or 2022 onwards, coz that time only is the top climate of KLSE like during economy prosperity period of 1990 - 1996 , our KLSE that time probably will spike up till above 3,000 points and all stocks‘s share price in KLSE probably will spike up & increase at least about 1,000 % to 5,000 %

Posted by nasrulfahmi > 2020-06-06 07:58 | Report Abuse

i like

Posted by Chua Joe Beng > 2020-06-06 08:34 | Report Abuse

Drilling Executive: Oil Prices Could Hit $70 This Fall

WTI Crude prices may be set for a 90-percent jump to $70 a barrel by the fall as U.S. oil producers may have “over-cut” production, Dan Eberhart, chief executive of Canary Drilling Services, told Markets Insider this week.

According to the manager of the drilling firm, U.S. oil companies have curtailed production too much too fast when prices collapsed, setting the stage for a “mini-supply shock” on the U.S. oil market.

Posted by Huat8huat8 > 2020-06-06 09:04 | Report Abuse

@Mabel. Will buy back.

Posted by Baby Shark > 2020-06-06 09:23 | Report Abuse

Next week 25- 30 cent I predict..

Posted by Huat8huat8 > 2020-06-06 10:02 | Report Abuse

pls wait me。。。。。

Posted by Pcmont123 > 2020-06-06 10:43 | Report Abuse

O.105 please next week,i regret not buying it when it collapsed.......

Posted by Kopimilo > 2020-06-06 12:24 | Report Abuse

Need continuous big buying power to leveraged big number of profit taking selling, that is normal, nothing extraordinary.

Posted by Trapps > 2020-06-06 13:14 | Report Abuse

Tuesday open Low and buy back..CMCO most probable will continue

Posted by Cash_Is_King > 2020-06-06 18:49 | Report Abuse

No way to open low if tonight OPEC+ meeting have good news. CMCO is not gonna affect much on oil stock as government is release more and more sectors back to business.

Posted by Macgyver11 > 2020-06-06 19:51 | Report Abuse

BAGHDAD (Reuters) - OPEC and its allies led by Russia are “most likely” to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.

Posted by Macgyver11 > 2020-06-06 19:53 | Report Abuse

OPEC+ sources have said Riyadh and Moscow agreed to extend existing cuts throughout July, although Riyadh was seeking a further extension to August and possibly even December.

Posted by escanor999 > 2020-06-06 20:05 | Report Abuse

@gnath, what other consumer counters you investing in.

Posted by skyrocket > 2020-06-06 20:52 | Report Abuse

https://www.bloomberg.com/news/articles/2020-06-06/opec-agrees-to-extend-output-cuts-as-quota-cheats-offer-penance?cmpid=socialflow-facebook-business&utm_medium=social&utm_source=facebook&utm_campaign=socialflow-organic&utm_content=business

Posted by Cash_Is_King > 2020-06-06 21:07 | Report Abuse

The deal is on!!

Posted by MariYahiMariYaho > 2020-06-06 21:28 | Report Abuse

Tuesday will go down first !!! don't easy chase high in early morning , glove counter still hot , auntie uncle money still there earn myvi, buy at ur own risk don't get trap !! :P peace

Posted by nasrulfahmi > 2020-06-06 21:29 | Report Abuse

will up up

Posted by AnchoviesswimwithSha > 2020-06-06 21:35 | Report Abuse

Woohoo! Time for this stock to fly!

Posted by RedEagle > 2020-06-06 21:54 | Report Abuse

*Economy Recovery Plan*

*Positive:*
1. Property (SP Setia, Sime Prop & IOI Prop)
• Stamp duty exemption
• Individual RPGT abolished
• Current 70% margin of financing limit will be lifted

2. Auto (BAuto, CCB, DRBHICOM, MBM Resources, Tan Chong Motor & UMW)
• Full sales tax exemption on locally assembled cars
• 50% sales tax exemption on imported cars

3. Tourism (GENM, Genting Berhad, Only World Group, & Shangri-La Hotels)
• Tourism tax exemption
• Extension of service tax exemption for hotels
• Extension of period for income tax relief
• Extension of period for deferment of tax instalment payment for tourism industry

4. Commodity Sector (Plantation Stocks)
• Support the commodity sector through 100% export duty exemption

5. mTouche, MyEG, & Pharmacy-related stocks
• Tax deduction or capital allowance for COVID-19 related expenses, such as Covid-19 testing, Purchase of PPE and thermal scanners

6. Healthcare providers (KPJ, IHH, and TMC LIFE)
• The government will double the existing healthcare allocation for the PEKA B40 Programme

*Negative:*
7. Accelerated Payment Terms for Government-Linked Companies and Large Corporates’ Supply Chain
• Axiata and TM have reduced payment terms for selected vendors from 45 days to 14 days
• TNB has a 7-days payment process
• PETRONAS launched the Vendor Financing Programme in collaboration with nine banks, to facilitate vendor verification and reduce approval time. In the past few months in particular, PETRONAS has accommodated payment arrangements that have enabled vendors to stay afloat.

Posted by CHLEONG888 > 2020-06-07 13:43 | Report Abuse

Looks very promising, hope will surge at least 10% on next Tuesday

Posted by Godofgambler > 2020-06-07 14:43 | Report Abuse

10% ?!!! What da helll?
I think 50% up no problem!!!!!

Posted by icepumpkin > 2020-06-07 15:07 | Report Abuse

Knm hibiscus armada has gone up from previous low. This one bit late in catching up.

Posted by Huat8huat8 > 2020-06-07 15:58 | Report Abuse

Don't so fast up. I just sold all....

Posted by Huat8huat8 > 2020-06-07 16:00 | Report Abuse

Slow slow up pls.

Posted by Baby Shark > 2020-06-07 17:30 | Report Abuse

Dis time no brake liau.. hahaha

Posted by Expertise > 2020-06-07 17:38 | Report Abuse

fly fly

Posted by Pcmont123 > 2020-06-07 19:00 | Report Abuse

Kanasai....sold out all velestro and armada.....already.....any one can save me???

Posted by nasrulfahmi > 2020-06-07 19:18 | Report Abuse

buy buy

Posted by PVTHSD92 > 2020-06-07 19:35 | Report Abuse

@ Pcmont123, you are short term trader... Nothing to be regretted.

Posted by Godofgambler > 2020-06-07 20:19 | Report Abuse

Nothing to regret short term.. Just cry awhile enough....
I am a long term trader...can hold for few years...

Posted by Huat8huat8 > 2020-06-07 20:32 | Report Abuse

I hold so long just sold.... Pls don't do this to me....cry die