Posted by metawong > 2015-01-07 14:40 | Report Abuse

Many are very ignorant that we produce and use our oil. This is misconception, 100% of oil produce in Malaysia are exported due to price difference. Malaysia has high quality oil used by developed countries whereas Malaysia is importing low quality oil from Saudi for domestic use. Our import of oil is much higher that export. Please check

Posted by metawong > 2015-01-07 15:01 | Report Abuse

Hopefully klci will rebound well tomorrow as markets sentiment overall are good. Even US futures are positive now

Posted by jocky99 > 2015-01-07 15:01 | Report Abuse

seem like klci not enough power to bounce up...

Posted by Ooi Teik Bee > 2015-01-07 15:11 | Report Abuse

Can we control economy ? Cannot
Can we control crude oil price ? Cannot

Is low petrol price good for us as a consumer ? Yes
Is low petrol price good for manufacturers ? Yes
Is low petrol price good for furniture stocks ? Yes
Is low petrol price good for Properties stocks ? Yes
Is low petrol price good for construction stocks ? Yes
Is low petrol price good for SKpetro ? No

Please select your stocks to suit economy.
Can you control your stock selection ? Yes.

Thank you.

Posted by trustme932 > 2015-01-07 15:16 | Report Abuse

OTB...haha cant go short skpetro unfortunately.

Posted by metawong > 2015-01-07 15:27 | Report Abuse

Looking at palm oil price and benefit of weaker ringgit, I am looking into palm oil counters beside FGV. Please give you opinion?

Posted by jocky99 > 2015-01-07 15:34 | Report Abuse

U.S. Futures, Dollar Rise Before Fed Minutes as Oil Slips

Posted by metawong > 2015-01-07 15:37 | Report Abuse

Do you know USA is 3rd biggest oil producer in the world?

Posted by andychucky28 > 2015-01-07 15:40 | Report Abuse

Ya ya with the low quality petrol we are using, our RON95 should be less than rm1.60 per liter.

Posted by metawong > 2015-01-07 15:42 | Report Abuse

Can you furnish calculation on how you arrive at rm1.60 per liter?

Posted by andychucky28 > Jan 7, 2015 03:40 PM | Report Abuse

Ya ya with the low quality petrol we are using, our RON95 should be less than rm1.60 per liter.

Posted by metawong > 2015-01-07 15:56 | Report Abuse

Sustain upward of palm oil price will help klci rebound north. Price of crude oil now is secondary

Posted by godbless88 > 2015-01-07 16:58 | Report Abuse

last minute index kena sell down again.

Posted by ozzie75 > 2015-01-07 17:01 | Report Abuse

@godbless88: pretty much the common case as observed. :)

Posted by simon84 > 2015-01-07 18:41 | Report Abuse

DJ future and Oil now rebounding.
DJ FUture :17450
Oil Future:USD48.60

Posted by bursamalaysia111 > 2015-01-07 18:42 | Report Abuse

Bursa will be on mild rebound this week.

Posted by simon84 > 2015-01-07 18:54 | Report Abuse

DJ and Oil Rebounding ..Good Sign ..

Posted by MainBesar > 2015-01-07 18:57 | Report Abuse

Is it temporary rebound? Expected up to which level

Posted by simon84 > 2015-01-07 19:00 | Report Abuse

DJ and Oil will rise at least 150 points and hit 17600 level but just wondering will it sustain this rising until tomorrow ? If did also may not able to pass till friday..

This is my 2 cent opinion. Look like quite complicated right ? But only myself will know what going on.. Hehe

Posted by bursamalaysia111 > 2015-01-07 19:02 | Report Abuse

Oil price on new support level .. rebound until R1 50 R2 52 and R3 54

Posted by bursamalaysia111 > 2015-01-07 19:03 | Report Abuse

New support level 47 confirm. First target 50

Posted by MainBesar > 2015-01-07 19:18 | Report Abuse

Tq simon... Me jus preten to understand... Jus waitin 'buy call' from u n let huat together again... Believe region also will do d same thing... Hahahah... Btw, tq for 2015 buy n sale call BRO...

Posted by jocky99 > 2015-01-07 19:32 | Report Abuse

@simon
this time is short rebounce like previous?

Posted by simon84 > 2015-01-07 21:08 | Report Abuse

DJ future hit high at 17500..

Posted by simon84 > 2015-01-07 22:09 | Report Abuse

DJ shall open 17500 with rising almost 140 points.
Later may see hit 17600 level.

Posted by simon84 > 2015-01-07 22:54 | Report Abuse

DJ up 170 points (17550) next resistance today may hit 17600

Posted by ImCK > 2015-01-07 23:09 | Report Abuse

lol simon market still can going up ?

Posted by simon84 > 2015-01-07 23:10 | Report Abuse

hard to say ..i still trade with cautious .. i just take profit on long position on Dow Jones..

Posted by ImCK > 2015-01-07 23:16 | Report Abuse

same but my opinion is window dressing time cant make it hit 1800
i dont think so market will up somemore
all country pmi is weak oil price will drop further until U.S / Saudi Arab Surrender

Posted by nicholasnwh90 > 2015-01-07 23:16 | Report Abuse

Simon how u intraday so fast? Yesterday short today long? Trading option?

Posted by simon84 > 2015-01-07 23:18 | Report Abuse

my strategy mostly based on TA .. So when i find a entry sign i will go and will out when exit sign is exist ...

Posted by region > 2015-01-07 23:56 | Report Abuse

Simon when u shoot into HB let me know wahahaha.

Posted by MainBesar > 2015-01-08 00:03 | Report Abuse

Me to bro... Wanna sleep early tonite

Posted by ImCK > 2015-01-08 00:18 | Report Abuse

oil war now avoid oil & gas
dont believe any rebounce

Posted by MainBesar > 2015-01-08 07:30 | Report Abuse

Bro Simon... S ur expectation, dji hit 17600... What next bro

Posted by simon84 > 2015-01-08 09:07 | Report Abuse

Morning guys..
Dow JOnes hit my resistance as my expectation
Dow Jones may climb back 18000 level and maybe may make a new ''High''

Posted by simon84 > 2015-01-08 09:08 | Report Abuse

Attack CO and Long KLCI....

Posted by region > 2015-01-08 09:23 | Report Abuse

simon in CO? i shoot CO at 0.355 already. high five

Posted by simon84 > 2015-01-08 09:25 | Report Abuse

Five...haha...DJ may shoot up again today..

Posted by region > 2015-01-08 09:27 | Report Abuse

Simon u in CO what price?

Posted by simon84 > 2015-01-08 09:28 | Report Abuse

36cent..i jsut bought it..T-T

Posted by simon84 > 2015-01-08 09:30 | Report Abuse

DJ future up 60 points (17660) and oil up to USD49.10
Today we may see KLCI up till 20 points

Posted by simon84 > 2015-01-08 09:46 | Report Abuse

DJ Future Just break 17700 level..
Congratulation those do Long KLCI .:)

Posted by yongyou > 2015-01-08 09:55 | Report Abuse

hi simon84, nice to see your updates again.

Posted by simon84 > 2015-01-08 09:58 | Report Abuse

hi yongyou long time no see :)

Posted by mdkzry > 2015-01-08 10:02 | Report Abuse

Tq bro simon..jump wagon with you already..

Posted by yongyou > 2015-01-08 10:03 | Report Abuse

i close eye follow your CO? ok?

Posted by godbless88 > 2015-01-08 10:04 | Report Abuse

No, if u close ur eye when everyone sell u dun even noe, keke.

Posted by yongyou > 2015-01-08 10:06 | Report Abuse

simon84, throw at what price?

Posted by yongyou > 2015-01-08 10:07 | Report Abuse

hi godbless88, very good day to you.

Posted by little_snake > 2015-01-08 11:16 | Report Abuse

seems unable to break 1730 by end of today...