Posted by Nicholasming91 > 2018-12-04 12:47 | Report Abuse

Welcome aboard.

Posted by SuperPanda > 2018-12-04 13:40 | Report Abuse

yes welcome but get ready to face the waves of uncertainty, some has drown and some still holding on its life jacket.. he he

Posted by Jonathan Keung > 2018-12-04 13:47 | Report Abuse

O&G is still uncertain .choppy waters. need lifejacket to hang on.

Posted by The speculators The speculators > 2018-12-04 15:44 | Report Abuse

What life jacket, now people already flying with Hoverboard on the water already

Posted by Lai Hm > 2018-12-04 16:55 | Report Abuse

oil above 62.50 now....

Posted by SuperPanda > 2018-12-04 17:28 | Report Abuse

yes hoverboard but need to take hibiscs brand.. i think will be faster.. i bought some warrant yday.. : )

now cruise on 2... reach n hib... the other armada seems want to karam already.. ha ha..

Posted by B4b4 > 2018-12-04 18:37 | Report Abuse

Relax guys... Stay cool..... Invest into the future..... Lots of oil in NK-3, Yessen Y-3 and Kariman K-16

Posted by Machinecat > 2018-12-04 23:46 | Report Abuse

When will reach going to turn their reserve to production? +1

Posted by SaveMsiaFromPHGov > 2018-12-05 04:03 | Report Abuse

You guys, well at least some among you, need to start learning fast. You want certainty? You want a stable company whose stock you want to buy & play? Okay, you can try Dialogue then. You can hold for even nine months, and it will never give you a restless night with little peaceful sleep. Then after nine months you can kira how many hundred ringgit profit you have made.

Posted by SaveMsiaFromPHGov > 2018-12-05 04:10 | Report Abuse

If you're really serious about making serious money off the Bursa, fellas, then UNCERTAINTY is what you need. NOT certainty, for sure.

In the stock investing world, VOLATILITY is the name of the opportunist's game, man. Why? Becos only then you have the chance for buying at low & then later on selling at high.

Posted by SaveMsiaFromPHGov > 2018-12-05 04:18 | Report Abuse

But then, of course, you also need some so called potential success factors kind of looming in the not too distant horizon. Now, we're beginning to have those things again, with: (1) Russia coming in to lend Saudi-led OPEC with the much needed spine to stand up to a bullying Donald Trump; and (2) the globally distressing US-China trade war coming to a truce, which also actually means that - if you really look at everything in thorough detail - US is not really even half as powerful economically as Donald Trump would like the whole world to believe.

Posted by ProsperousRealm > 2018-12-05 04:27 | Report Abuse

Mamdouh G Salameh

December 04 2018

It could be the start of another bull run in oil. The robust global oil market fundamentals that were there when oil hit $87 a barrel in October are still with us as manifested by recent developments in the market.

First, the so-called “truce” between China and the US is a welcome development to cool tempers and alleviate uncertainty in the global economy though it has also created confusion.

The US and China were heading towards an end of the escalating trade war anyway because it dawned on President Trump that he can’t win a trade war with China. He didn’t really anticipate China’s response when he imposed tariffs on its exports to the United States. He thought that China will bend the knee to him. This not only didn’t happen but China retaliated blow by blow to his imposition of tariffs. Moreover, it stopped completely buying US crude oil and curtailed very significantly purchases of US LNG.

Despite President Trump’s tough talk, his position vis-à-vis China has been weakened in recent time. The trade war is already starting to take a toll on the US economy. American farmers have been hit hard by retaliatory tariffs from China, which have tanked prices for corn and soybeans. More recently, the stock market has seen a spike in volatility, and all of the gains US stocks have seen in 2018 have been wiped out in the last few weeks. Perhaps more painful was the recent announcement from General Motors that the company was closing down five factories and laying off 14,000 people. Automakers warned that steel and aluminium tariffs would cost the industry billions of dollars. That is why a truce has been agreed on in Buenos Aires. Still, the global economy will give a huge sigh of relief.

Second, the reported preliminary agreement between Saudi Arabia and Russia to cut production ahead of the OPEC meeting on the 6th of December in Vienna will enable OPEC to agree a cut. But who will be doing the cutting?

The overwhelming OPEC members could be against any new cuts. Instead, they will demand that Saudi Arabia and Russia withdraw the 650,000 barrels a day (b/d) they jointly added to the market in June against OPEC members’ wishes and return them to the original 1.8 million barrels a day (mbd) cut under the OPEC/non-OPEC agreement. In so doing, the glut in the market will ease.

Saudi Arabia will most probably end be up doing most of the cutting on its own with symbolic cut from Russia which is lukewarm about a new cut but will do a small one to show solidarity with Saudi Arabia.

Third, Qatar’s decision to withdraw from OPEC will have no effect whatsoever on the global oil market, prices or the outcome of the December OPEC meeting.

Dr Mamdouh G Salameh
International Oil Economist
Visiting Professor of Energy Economics at ESCP Europe Business School,

extracted from: https://oilprice.com/Energy/Oil-Prices/Is-This-The-Beginning-Of-The-Next-Bull-Run-In-Oil.html

Posted by The speculators The speculators > 2018-12-05 04:31 | Report Abuse

Opec tomorrow today upppppp

Posted by CoolBull > 2018-12-05 04:37 | Report Abuse

http://www.theedgemarkets.com/article/malaysia-decide-oil-production-cut-tomorrow-says-azmin

Malaysia to decide on oil production cut on Thursday, says Azmin

KUALA LUMPUR (Dec 3): Malaysia will announce after a ministerial meeting with the Organisation of Petroleum Exporting Countries (OPEC) on Thursday whether it will continue to cut oil production by 20,000 barrels per day beyond 2018, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

He said the decision will be announced at the meeting, which will also be attended by non-OPEC ministers, in Vienna, Austria, on Thursday.

http://www.theedgemarkets.com/article/malaysia-decide-oil-production-cut-tomorrow-says-azmin

Posted by CoolBull > 2018-12-05 04:42 | Report Abuse

Aah. I see. Our friend Mr. TheSpeculatorsTheSpeculators cannot even go to sleep now. So excited has he become.

Posted by CoolBull > 2018-12-05 05:02 | Report Abuse

OilPrice.com

Russia’s Oil Production Dips As Possible Production Cuts Near

By Julianne Geiger - Dec 04, 2018, 3:00 AM CST

https://oilprice.com/Latest-Energy-News/World-News/Russias-Oil-Production-Dips-As-Possible-Production-Cuts-Near.html

Posted by SaveMsiaFromPHGov > 2018-12-05 06:21 | Report Abuse

Or perhaps, if Saudi is really too weak & not credible enough to lead OPEC, maybe OPEC members should consider sacking Saudi from their current chairmanship role. Then take in Russia as new member, and rightaway elect Russia as OPEC's new leader.

Posted by GrowingRich > 2018-12-05 06:26 | Report Abuse

Brent holding above 61

Posted by SaveMsiaFromPHGov > 2018-12-05 06:33 | Report Abuse

And then, at least for the time being, Saudi Oil Minister needs to stop talking meaningless, crappy, neither-here-nor-there gobbledygook & just get on with the job of making a serious & firm decision about cutting production.

Posted by SaveMsiaFromPHGov > 2018-12-05 06:39 | Report Abuse

I personally still have a big axe to grind with Saudi. Ever since 2014. They simply do not have the wisdom, forethought, farsightedness & strategic intelligence to be oil leader of the world. In short, they're just frekkin stupid idiots. Russia would make a much better oil leader.

Posted by GrowingRich > 2018-12-05 07:21 | Report Abuse

Brent breaches 62 again

Posted by SaveMsiaFromPHGov > 2018-12-05 07:23 | Report Abuse

DJ can go to hell. And so can DT.

Posted by asd88 > 2018-12-05 09:42 | Report Abuse

matched @0.325 and 0.08. boarded ahead of opec. hopefully the worst has passed.

Posted by Lai Hm > 2018-12-05 09:48 | Report Abuse

This time have to be long term investor liao lolxx.
Looks like the recovery will take a long times...

Posted by Lai Hm > 2018-12-05 09:51 | Report Abuse

DT the tariff man hahaha

Posted by GoodBoy > 2018-12-05 11:54 | Report Abuse

Price at 0.50 refused to sell ? ... 0.40 still don't want to sell ? ... At 0.30, probably limited downside already ...

Posted by Nicholasming91 > 2018-12-05 11:59 | Report Abuse

Someone dump big at the son . Warrant

Posted by glory92 > 2018-12-05 12:03 | Report Abuse

should i cut loss or hold? bought in 0.345..

Posted by asd88 > 2018-12-05 12:21 | Report Abuse

wah son cheap sales... 0.07 also matched. Lol !!

Posted by asd88 > 2018-12-05 12:24 | Report Abuse

i guess the worst has passed(oil price and qr). eventhough it might takes abit time to get profit in return, maybe during cny?

Posted by Kent Chong > 2018-12-05 12:30 | Report Abuse

tarik handbrake

Posted by teoh1128 > 2018-12-05 13:03 | Report Abuse

why is it so difficult to get information on the average cost per barrel and production rate per day . HABISCUS STATED CLEARLY THAT the average cost is usd 20.00/barrel.their production @12000/bopd

Posted by Jeffrey Ng > 2018-12-05 14:35 | Report Abuse

reach u have to hold long term.... either u cut lost or just hold it... if no holding power... u may just cut lost...

Posted by Jeffrey Ng > 2018-12-05 14:36 | Report Abuse

some still holding at 505... waiting just to move toward ipo 75s..

Posted by Lai Hm > 2018-12-05 14:42 | Report Abuse

True... need to hold long term... just Q at 305, cannot get lol....

Posted by Pete118 > 2018-12-05 14:45 | Report Abuse

Jialat

Posted by Pete118 > 2018-12-05 14:53 | Report Abuse

Im in boat at 340 haha. Guess long term holding now

Posted by Lai Hm > 2018-12-05 14:54 | Report Abuse

340 still ok mah... im higher lo... sob sob....

Posted by Nicholasming91 > 2018-12-05 14:55 | Report Abuse

Im at 0.32 but still holding for long term , if you in need of using money might as well cut loss

Posted by Uncle Sam > 2018-12-05 15:08 | Report Abuse

I have lots of warrants at average of 11c. Holding firm lo

Posted by Nicholasming91 > 2018-12-05 15:08 | Report Abuse

Today many big fish collect at 0.075

Posted by BILLC > 2018-12-05 15:12 |

Post removed.Why?

Posted by Jeffrey Ng > 2018-12-05 15:15 | Report Abuse

yes.. just hold tight la... 1-2years later u come back here then will be different story liao... those keep on nagging or complain all those have no holding power one.. no patient... all takut mati... not a real investor..

Posted by asd88 > 2018-12-05 15:15 | Report Abuse

if wa reach 0.11 again i hoseh liao. anyway comparing mother(0.315) and son(0.075) price at the moment son would be a better choice

Posted by mayongzheng > 2018-12-05 15:17 | Report Abuse

https://www.theedgemarkets.com/article/%E5%8E%9F%E6%B2%B9%E4%BB%B7%E6%A0%BC%E4%B8%8B%E6%BB%91-%E6%8B%96%E7%B4%AF%E8%83%BD%E6%BA%90%E8%82%A1%E5%BA%94%E5%A3%B0%E4%B8%8B%E6%8C%AB

Posted by Jeffrey Ng > 2018-12-05 15:25 | Report Abuse

Son of cos better.. if no holding power.. son can kill u easily.. hahah.. but I am holding it at least 1-2 years now.. with so many good news, good management company.. the potential of growing is huge... jus be patient.. patient is the key.. cheers!!

Posted by asd88 > 2018-12-05 15:30 | Report Abuse

sometimes it is not about holding power. but if it is not the right time, right counter there is no reward for being stubborn head.

Posted by Lai Hm > 2018-12-05 15:33 | Report Abuse

strong selling today.... :(:(

Posted by asd88 > 2018-12-05 15:37 | Report Abuse

nowadays economy is so bad that more and more people has to earn some living from giving tips and news to survive.. Lol!!

Posted by asd88 > 2018-12-05 15:38 | Report Abuse

@jeffrey, if im not mistaken you are one of those who disagreed when i said i sold at 0.11 and waiting to come in at cheaper price somewhere in october. now i have avoided over 30% loss. meanwhile what you got for having so-called 'holding power'???