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  31 people like this.
 
Johnchew5 Post removed. Why?
09/04/2020 9:33 PM
CoolBull Better support Calvin's EagleVision than Mizu's InvestorZone
09/04/2020 9:34 PM
Johnchew5 Post removed. Why?
09/04/2020 9:34 PM
Johnchew5 Post removed. Why?
09/04/2020 9:35 PM
Johnchew5 Post removed. Why?
09/04/2020 9:39 PM
Johnchew5 Post removed. Why?
09/04/2020 9:41 PM
dragonslayer Aiyo..founder want to delist softbank...but..dunno why..tak jadi kah....lol...wakakaka...kikiki
09/04/2020 9:43 PM
Johnchew5 Post removed. Why?
09/04/2020 9:43 PM
faizal Johnchew5 lu minat labur tak minat diam diam tak payah disii tuang air sejuk , lu bising bising lu mau masuk keranda kah? aku boleh bikin 50 acc dan post di semua tempat kasi lu tidur dalam keranda laknat lu nanti lu tak mati pun nasib tak[ baik ok tak ? kalau lu mau degil lagi ...?
09/04/2020 9:48 PM
dragonslayer Aiyo lapsap king....why so concern..as long have investor willing to invest..ok mah...even Grab or Uber is losing money..can attract usd billion fund..now uber listed also mah....lol....why you never ask why those sorchai invested loss making startup leh..they also bet future mah..mana tau netx start up will be like uber...listing in US leh...lol...wakakaka...kikiki

Johnchew5 25 million funding ... 15 .3 million is from the 1 billion PP shares but only 850 million is ex ... why ? That’s why so desperately need funding from ESOS share of 20 million from Dec 2019 to Feb2020 . 60 million ESOS shares announced on 2/3/2020 at planned ex price 0.0175 still pending due to market situation.
09/04/2020 9:39 PM
09/04/2020 9:48 PM
Johnchew5 Post removed. Why?
09/04/2020 9:48 PM
dragonslayer Aiyo....you no imagination one kah...lol..now baru started with LamboMove on board mah..last time ..maybe hard to find delivery company...got order..no one deliver the food leh...now solve oredy...can move on smoothly mah...think positively leh....lol..wakakaka...kikiki

Johnchew5 Q6 Revenue is RM 33,000 ... GEM contribution ????
09/04/2020 9:43 PM
09/04/2020 9:51 PM
Johnchew5 Post removed. Why?
09/04/2020 9:51 PM
faizal warren buffet dia value investing dia tak minat labur punya internet based company dia pun tak buka mulut kritik syarikat orang lain .venture capital suka labur internet based dia labur dia pun tak kritik tradisional sector... johnchew5 lu ini apa orang ? nakal punya mau cari gaduh kah ?
09/04/2020 9:54 PM
faizal Johnchew5 lu tak percaya aku ini hari pun boleh bikin 50 acc hantam engkau mau ?masuk keranda dengan lagu kasi laknat engkau...kalau lu bising lagi...
09/04/2020 9:54 PM
dragonslayer Aiyo..abang faizal...welcome back...wow..promoter team ada booster jab ini macam...itu penkritik team..left lapsap king alone....lol....aiyoyo...kikiki
09/04/2020 9:54 PM
Johnchew5 Post removed. Why?
09/04/2020 9:55 PM
Johnchew5 Post removed. Why?
09/04/2020 9:58 PM
faizal Johnchew5 lu tak percaya aku ini hari pun boleh bikin 60 acc hantam engkau mau ?masuk keranda dengan lagu kasi laknat engkau...kalau lu bising lagi...tiap tiap hari pakai satu acc kacau lu .. 60 acc boleh kacau lu 60 hari hari sudah banned punya 14 hari pun hidup semula aku pun boleh kacau lu main sama lu setahun tengok lu penat tak penat ? tengok lu syiok tak ?
09/04/2020 9:58 PM
faizal Johnchew5 lu gila aku pun gila sama lu apa macam syiok tak ?
09/04/2020 9:59 PM
Johnchew5 Post removed. Why?
09/04/2020 9:59 PM
faizal bikin 60 acc senang je ... lu kacau orang lain aku pun syiok kacau sama lu ...post lagu mati lu tidur keranda kasi laknat engkau....
09/04/2020 10:00 PM
Johnchew5 Post removed. Why?
09/04/2020 10:00 PM
faizal Johnchew5  , 2 acc banned lu ingat lu menang kah ...aku bikin semua under lu name engkau johnchew 1hingga 60...kau lu sendiri syiok syiok lagu mati lu tidur keranda kasi laknat engkau ....
09/04/2020 10:03 PM
Johnchew5 Post removed. Why?
09/04/2020 10:04 PM
Johnchew5 Post removed. Why?
09/04/2020 10:04 PM
faizal nanti i3 admin tengok sudah panas pun deleted semua johnchew acc
09/04/2020 10:05 PM
Shootup Post removed. Why?
09/04/2020 10:06 PM
Johnchew5 Post removed. Why?
09/04/2020 10:06 PM
Johnchew5 Post removed. Why?
09/04/2020 10:08 PM
Johnchew5 Post removed. Why?
09/04/2020 10:11 PM
Johnchew5 Post removed. Why?
09/04/2020 10:15 PM
leeling Johnchew5 小哥哥, 我都不懂你为何吃饱没事做将喜欢惹一大堆敌人? 你一直给faizal 马来仔诅咒睡棺材你会倒霉的这一生的!要三思啊Johnchew5
09/04/2020 10:20 PM
stncws Posted by suraya > Apr 9, 2020 8:57 PM | Report Abuse

Gemspot startup stage the early company raised 25 mil in our group of investors .
Johnchew5 you don't forget Netx is mobile food delivery marketplace ...
IB like credit suisse goldman sachs temasek softbank and other tech giant like tencent alibaba they like invest marketplace company. ..
you see lazada invested by tesco ,temasek holdings ,JPmorgan and Alibaba .
Food Panda invested by Phenomen Ventures , Rocket Internet,Investment AB Kinnevik, iMENA Holdings and goldman sachs.
Resy invested by uber , First Data Corporation and American Express.
Gojek invested by Sequoia, Northstar Group , Blibli.com,Google,Tencent,Temasek holdings.
Grab invested by US-based hedge fund Tiger Global, GGV Capital,temasek holdings, Didi Chuxing , China Investment Corporation, softbank and Booking Holdings.



THUMBS UP !!!
09/04/2020 10:23 PM
Johnchew5 Post removed. Why?
09/04/2020 10:32 PM
Johnchew5 Post removed. Why?
09/04/2020 10:33 PM
dragonslayer Aiyo lapsap king...turn to your right see...turn to your left see...ada hantu kah...lol...left you alone as penkritik wo....still havent give up kah...lol...wakakaka...kikiki
09/04/2020 10:40 PM
Johnchew5 Post removed. Why?
09/04/2020 10:43 PM
Johnchew5 Post removed. Why?
09/04/2020 10:44 PM
Johnchew5 Post removed. Why?
09/04/2020 10:46 PM
Johnchew5 Post removed. Why?
09/04/2020 10:46 PM
dragonslayer Aiyo lapsap king...you kacau reban..lagi mau demand condition kah...wei..you think you are the king kah....yah lah..lapaap king lah...lol...wakakaka...kikiki



Posted by Johnchew5 > Apr 9, 2020 10:43 PM | Report Abuse

I oredi give my condition... u Ask your master ...
09/04/2020 10:48 PM
dragonslayer Aiyo lapaap king..startup always burning money one mah...you dunno meh..if one succesful...chiak beh liao lah...like you main tikam tikam ...not all ada prize mah...if all startup can be succesful...all the startup founder billionaire oredy lah..in actual case..not like that mah...lol..aiyoyo...kikiki


Posted by Johnchew5 > Apr 9, 2020 10:46 PM | Report Abuse

13) GEM Hong Kong partner 2go trading is ceased operations since 2016 .. signed with its subsidiary 2go Tech on June2019.. why still made Huge losses!.. now change to GEMspot then to GEMspotPro .. Q6 no revenue fr GEM , only RM 33,000 ?
09/04/2020 10:52 PM
dragonslayer The Bottom Line
There are a lot of claims going around that 8 out of 10 new businesses fail. What those claims often don't give you is a timeframe: after 20 years, it is very likely that 8 out of 10 businesses will have closed shop. Fortunately, you can be one of the 20 percent that succeed
09/04/2020 10:53 PM
DRwarrant NETX 2 SEN ANY TIME - Raya Jackpot $$$

US dow jone to hit 24,000 point
NEW SUPER BULL
# Thanks to this Bug@Covid 19 for Bringing ONG / LUCK to many traders !
10/04/2020 12:25 AM
Johnchew5 The bottom line dragoneliar go back with your TDM con gang to Sumatec which in bankruptcy.
10/04/2020 6:00 AM
Johnchew5 No wander people labelled u as kon artist cousin....
10/04/2020 6:01 AM
Johnchew5 Ho ho see the dragoneliar said Lambo is lapsap although financially is better than Netx , Netx will be lapsap same as it promotes Sumatec.


dragonslayer Aiyo kukuless..dare to post fake news..but dare not to accept cut kuku bet...apa lagi mau cerita lah...lol..you cant even prove he is my cousin leh...pakai fitnah kah...kongkam lah...lagi mau talk ayam...lol...promote your lambo lah..see how good you are..always kutuk others...you very good lah...pick lambo 1sen ctr..I will be at here waiting to see how good you are lah...jadi promoter is not easy like jadi
penkritik leh....you can or not...sweet talk you know or not....not scold ppl one leh......lol...wakakaka...kikiki
09/04/2020 11:01 PM
10/04/2020 6:03 AM
Johnchew5 Time is running out for Netx, FY 20 Q1by April , AGM on May.

1. Why Credit Suisse subscribe only 1 batch of PP , not 4 batch ? And now disposed cheap cheap not in Top 30

2. Why Fintec bought 103 million shares on August2019 after 1 st batch PP ex in July2019, that’s why Credit Suisse holding shares is less than the 1st batch PP ex quantity.

3. Why 1 billion PP shares only ex in 4 batch with total 850 million shares , short of 150 million shares , no subscribers?

4. Why frequent esos getting money from employees, not rewarding employees with monetary?

5. Cash over 34 million ?..

Remember Indonesia project USD 10 million announcement in 2013 n reannouncement in 2017 , 2013 no audited annual report n kena 2 times Qualified Opinion between these years ,double entry ke...

6. TnGo eWallet start on 2017 same as PayAllz which signed agreement with A Cambodia bank , see TnGo eWallet today , and see PayAllz today , what ekyc investment, TnGo eWallet security with ekyc is safe , what is the investment? 10 million , 20 million ? Hoho

7. Gem app Hong Kong partner 2go trading not operating since 2016 , Netx signed partnership with its subsidiary 2go Tech on June2019 , why burn money 10.3 million in FY17 , 18 million in FY18 , then another 29 million in 2019 .
10/04/2020 6:10 AM
Shootup Day after day, the day of release is drawing nearer, get ready ur articles to publicise on that day...
10/04/2020 6:36 AM

  18 people like this.
 
Johnchew5 Post removed. Why?
08/04/2020 6:24 AM
faizal Post removed. Why?
08/04/2020 8:53 AM
Johnchew5 Post removed. Why?
08/04/2020 9:08 AM
WealthSoWonderful Higher CPO prices to mitigate plantations' falling production

https://www.theedgemarkets.com/article/higher-cpo-prices-may-mitigate-plantations-falling-production
08/04/2020 9:12 AM
WealthSoWonderful PublicInvest forecasting average CPO price of RM2,300 per tonne for 2020
08/04/2020 9:14 AM
Johnchew5 Post removed. Why?
08/04/2020 9:14 AM
WealthSoWonderful But from past experience IB forecasts have been over-conservative by RM300 - RM500
08/04/2020 9:16 AM
WealthSoWonderful So when their forecast is RM2,300 per tonne actual realised price could be anything between RM2,600 - RM3,000 per tone
08/04/2020 9:18 AM
Johnchew5 Post removed. Why?
08/04/2020 3:01 PM
DreamKentut Post removed. Why?
08/04/2020 9:56 PM
Johnchew5 Post removed. Why?
09/04/2020 8:01 AM
Johnchew5 Post removed. Why?
09/04/2020 9:23 AM
Johnchew5 Post removed. Why?
09/04/2020 9:25 AM
Johnchew5 Post removed. Why?
09/04/2020 9:28 AM
BountyOfTheBourse junkchew still every day crying mama crying papa for tp
09/04/2020 9:55 AM
BountyOfTheBourse Becos he not confident enough in his own tp
09/04/2020 9:56 AM
BountyOfTheBourse If so desperate for tp boleh pigi cari sendiri la
09/04/2020 9:57 AM
BountyOfTheBourse Why every day crying mama crying papa for somebody to give to you
09/04/2020 9:58 AM
Want2Win ki ki ki

He not confident in his own tp loh!!!
09/04/2020 10:10 AM
WealthSoWonderful Boddoh bangang shhithedd dikkhedd naive novice newbie stuppid morron retarrd iddiot memang biasa pun itu macam la
09/04/2020 10:38 AM
WealthSoWonderful Sudah desperate for tp lagi hari hari nangis keriau crying mama crying papa begging for some good samaritan somewhere to give tp to him
09/04/2020 10:40 AM
bulldog He is children of the damn chicken chop.... tribute to iron maiden

https://m.youtube.com/watch?v=3OzAo1lsvr8

Huat chaiii...
09/04/2020 10:42 AM
bulldog He's walking like a small child
But watch his eyes burn you away
Black holes in his golden stare
God knows he wants to go home
Children of the damned
Children of the damned
Children of the damned
Children of the damned
He's walking like a dead man
If he had lived he would crucified us all
Now he's standing on his last step
He thought oblivion? Well, it beckons us all
Children of the damned
Children of the damned
Children of the damned
Children of the damned
Now it's burning his hands
He's turning to laugh
Smiles as the flame sears his flesh
Melting his face, screaming in pain
Peeling the skin from his eyes
Watch him die according to plan
He's dust on ground, what did we learn?
Ooh ooh
Ooh ooh
Ooh ooh
Ooh ooh
Ooh ooh
Ooh ooh
You're children of the damned
Your back's against the wall
You turn into the light
You're burning in the night
You're children of the damned
Like candles watch them burn
Burning in the light
You'll burn again tonight
Children of the damned

Huat chaiii...
09/04/2020 10:42 AM
CoolBull Chill it good. Keep da mood.

https://youtu.be/VKKkQwa0TLs
09/04/2020 12:17 PM
CoolBull TDM, Baby. You're still the one.

https://youtu.be/fMmqh4Ut_Uo
09/04/2020 12:21 PM
CoolBull TDM is us. We are TDM. Love lift us up where we belong.

https://youtu.be/WTetM-jo83M
09/04/2020 12:22 PM
CoolBull TDM is us. We are TDM. One for all. All for one.

We are all UNITED!!!

https://youtu.be/-mPt3Zz_xLc
09/04/2020 12:24 PM
CoolBull TDM, Baby. I love you. You love me. I'll fight for you.

https://youtu.be/M2YrsJ77ub8
09/04/2020 12:26 PM
Tanhboon 21 sen ... up up and away ...
09/04/2020 3:01 PM
Johnchew5 Post removed. Why?
09/04/2020 3:28 PM
Johnchew5 Post removed. Why?
09/04/2020 3:28 PM
BountyOfTheBourse Lagi gila tp kah lu junkchew
09/04/2020 3:47 PM
BountyOfTheBourse Gila insane juga lu ini junkchew
09/04/2020 3:48 PM
BountyOfTheBourse Apa pasal lu mau tanya orang pasal tp
09/04/2020 3:48 PM
BountyOfTheBourse Lu x tau cari tp sendiri kah junkchew
09/04/2020 3:49 PM
BountyOfTheBourse Lu sudah bikin crita boolshhit brpa bnyak psl tdm
09/04/2020 3:52 PM
BountyOfTheBourse Lagi tdm punya tp pun lu x tau sendiri cari kah junkchew
09/04/2020 3:53 PM
BountyOfTheBourse Lu pigi itu urut 6 jam b2b urut sama itu ponddan muda lagi satu kali la junkchew
09/04/2020 3:54 PM
BountyOfTheBourse Nt lu baru dapat ilham baaaik punya ilham utk teka itu tp la junkchew
09/04/2020 3:56 PM
bulldog Shhhhhh..our tp is secret... naysayers chickens chop chicken kasut Jimmy Choo chicken out only knows once we distribute to them until vomit MHC.....


Huat chaiii...
09/04/2020 4:05 PM
bulldog Uptrend intact

Date Settlement Price RM
8 Apr 20 2357
7 Apr 20 2315
6 Apr 20 2250

Huat chaiii..
09/04/2020 4:50 PM
CoolBull RM2,500 per tonne coming soon
09/04/2020 9:37 PM
bulldog Kesian poor naysayers 3 stooges chicken out chicken chop... keep asking tp and promote MHC...

Tdm investor already prepare for Raya angpow...they still jump here and jump there like monkey searching for peanut

Huat chaiii.
09/04/2020 11:06 PM
bulldog https://www.todayonline.com/world/vegoils-palm-oil-climbs-malaysia-plantation-closures-firmer-rival-oils

Huat chaiii..
09/04/2020 11:08 PM
bulldog Tribute to Palm oil supporters

https://m.youtube.com/watch?v=a5GueDz_h8g

Huat chaiii..
09/04/2020 11:14 PM
bulldog Tribute to 3 stooges naysayers monkey chicken out chicken chop

https://m.youtube.com/watch?v=q0hyYWKXF0Q

Huat chaiii..
09/04/2020 11:15 PM
Johnchew5 Still no TP ? Just 14 Tikus to Chicken ... haha
10/04/2020 6:05 AM
Johnchew5 People oredi give TP at least 0.23 in April since 0.15 .. cut win by early May ...
10/04/2020 6:06 AM
Johnchew5 Buy MHC also..
10/04/2020 6:06 AM
Johnchew5 Prefer to buy MHC price 0.30 , 5 years with Profit , Margin of safety with NTA RM 1.26 , Dividend Yield 5 % better than bank interest.

PPE = RM 401 million ,
Total Borrowing = RM 131 million ,
Gearing Ratio = 0.33


See TDM :

FY19 with Loss rm 79.6 million more than FY18 Loss rm 76.4 million :

NTA : Jan 2018 = 0.71 , Dec 2018 = 0.56 , Dec2019 = 0.44 , Loss of 0.27 in 2 years ..

Gearing Ratio = 0.6

No Dividend payout .
10/04/2020 6:08 AM

  5 people like this.
 
roszali ecosystem data (sharing economy) lifestyle Gemspot = PAYMENT GATEWAY + F&B booking table or DELIVERY
09/04/2020 2:34 PM
roszali Kolonialisme Zaman Now?
https://www.youtube.com/watch?v=vcyIK5REfvM
09/04/2020 2:34 PM
dragonslayer Aiyo..mana the main promoter kukuless...always cakap Lambo is not like Netx one...lambo surewin..Netx sure lose ..lol...why no one sapu 1.5sen leh..if lambo is so good leh....prove it to everyone leh...lol...wakakaka...kikiki
09/04/2020 2:53 PM
foreverchung Okay I bought my last batch at 0.015, not gonna be greedy. Just want to snap up some share then I can no need watch this counter everyday. Queue sell GTD at 0.04. Bye ya'll.
09/04/2020 2:53 PM
stncws LAMBO WILL RISE AS WELL AS NETX
09/04/2020 2:54 PM
dragonslayer Aiyo kukuless...you see Netx promoter pun talk good about lambo...not like you..kutuk Netx...tapi..want job from Netx...boh liong sim one...lol..wakaka...kikiki

stncws LAMBO WILL RISE AS WELL AS NETX
09/04/2020 2:54 PM
09/04/2020 3:00 PM
Aliibaba i3 has a lot of idiots like sokowanda and dragonslayer, one said people are being trapped at 1 ct by mainland China people, and he think all red chips are lousy, DRB was around 80 to 90 cts, but after Chinaman bought half it shot up to RM2.50 within a short while, even today it still above RM2. Lambo is not Chinaman Co. but if it is, it will be better bec when China tai ma come over and snap it up, sky is the limit.

the other idiot compare a profiting company like Lambo with Netx that record long yrs losses, which issue 4 times PP and sold it out to the sohai who was being cheated by calvin. Now they have to help him to hardsell day and night hoping to take back their losses. I sympathise them but I couldn't tell lies; bec I am not calvin the liar.

Netx is a pump and dump counter, to do that you need to be in bull market, that is why it is useless to hardsell, in bear market thing will go back to fundamental.
09/04/2020 3:41 PM
dragonslayer Aiyo...kukuless...lol....chinaman beli proton...not drb leh...pls do not compare like this leh...Geely own Volvo leh...not..the same...cinaman own Lambo one leh....apa lah..compare oren with rotten apple...lol....typical promoter...do not overly promote leh..lambo if good wont be half sen pun can get leh....you not the behind hand one...if you are...then promote lah...you promote...cant even move half sen..after so many kakijudi bot at 1sen..wtg to sell 1.5sen....didnt you see..after they bot 1 sen..they straight away queue to sell..1.5sen...lol..who want to pay 1.5sen to buy...sapu 200mil shares lah...if good company...no buyer buy kah...1.5sen only leh...lol...aiyoyo...kikiki
09/04/2020 3:50 PM
Aliibaba dragonslayer is idiot only know how to run after calvin calling kor kor kor kor like a chicken picking up his shit.
09/04/2020 3:53 PM
ahbah Mani low liners oredi got fallen to rock bottom prices !

Now how to fall some more ?
09/04/2020 4:01 PM
Aliibaba Get lost go to NETX nobody stop you from going, dont come here, you are not welcome in everywhere. if you make me wasting more time you will regret when I am freed.. You have been using many id to delete people posts in netx and sapnrgy. Admin is able to restore those non abuse posts again, and they will see that you and your stupid cousin has been barbarously deleting others' posts and yours will be banned. Cousin is suspended twice when his posts were not even being deleted. Why, use your monkey brain to think bees brain is too small..

Posted by dragonslayer > Apr 9, 2020 3:58 PM | Report Abuse
Aiyo..you forced me one mah...told you b4...do not force me go to netx there mah...you kept forcing me...now....I cant stop oredy leh...how...apologise to me lah...lol...wakakaka...kikiki
09/04/2020 4:13 PM
dragonslayer Aiyo kukuless...you go netx kritik netx can ...why I only comment lambo is judi ctr leh...not say it will bankrupt leh...why want to chase me away...tak patuk leh...lol..why scare my honest comment...scare lambo cant go up kah...lambo not like gold meh...not scare fire like you said meh...lol...wakaka...kikiki
09/04/2020 4:17 PM
Aliibaba nowadays, admin is able to know all your IDs and they are able to know who is flagging on those not abusing posts. Only stupid people will read and follow that idiot liar cousin of yours.

You must be so nagging until your wife cant stand you, and you have to come over to i3 to quarrel with people bec you are psycho cannot control your emotion. this is my last warning. I am not going to waste my time on a rubbish like your cousin's calvin stock picks.
09/04/2020 4:28 PM
dragonslayer Aiyo kukuless...netx so many red flags..b4 I go there sudah ada wo...dun create fake news again leh...why you created so many ID to spreading fake news..jeep cakap I m Calvin kor kor cousin...and gang with him yo con ppl...wei...I told you more then 100 times not true leh...but..you keep posting same fake news wo...lagi not repent after warned you so many times...dun force me to go netx forum bikin reban leh...you keep ignoring my warning mah..keep posting repeatedly lagi wo...now...you want me to stop...wei...apologise to me..then retract the fake news first leh...ok ...lol.. .wakakaka...kikiki
09/04/2020 4:32 PM
foreverchung Okay, volume start to pan down already. Need to wait few more days. But my decision not to come back join pointless discussions is correct. In the end, all for themselves. Good luck have fun all.
09/04/2020 4:52 PM
Aliibaba foreverchun, thanks for your valued information contributed. I am tired of those people from Netx to come over to make use of Lambo. as I have said before, Lambo dont need promotion just some true information is good enough. let us just wait for the right time to sell. bye.
09/04/2020 5:04 PM
dragonslayer Aiyo kukuless...pls rewind your comments...last 3 weeks...exclude your other ID...siapa promote the most... you leh...some really not valid one leh.....lol...wakakaka...kikiki

Aliibaba foreverchun, thanks for your valued information contributed. I am tired of those people from Netx to come over to make use of Lambo. as I have said before, Lambo dont need promotion just some true information is good enough. let us just wait for the right time to sell. bye.
09/04/2020 5:04 PM
09/04/2020 5:08 PM
roszali Kolonialisme Zaman Now?
https://www.youtube.com/watch?v=vcyIK5REfvM
09/04/2020 5:48 PM
stncws Next Lambo JV could boost both sales in next 6 month...

Next Ariantec will get job from TM for FFB upgrade jobs.
09/04/2020 6:26 PM
Aliibaba there is no JV between lambo and Netx, just a small part of delivery work from Netx, Lambo making money, but Netx has to pay for the service, understand. you are really idiot, nowonder you follow that House fly calvin to his toilet.. get lost last.. don't come here to promote your Netx, go there.

Posted by stncws > Apr 9, 2020 6:26 PM | Report Abuse
Next Lambo JV could boost both sales in next 6 month...

Next Ariantec will get job from TM for FFB upgrade jobs.
09/04/2020 7:07 PM
Aliibaba If I see you quote my post again, I will definitely make complain without give you any notice, I have never promote Lambo, I just gave some true information for the people here, you better get lost don't come here to kacau. Last warning.

Posted by dragonslayer > Apr 9, 2020 5:08 PM | Report Abuse
Aiyo kukuless...pls rewind your comments...last 3 weeks...exclude your other ID...siapa promote the most... you leh...some really not valid one leh.....lol...wakakaka...kikiki
09/04/2020 7:09 PM
dragonslayer Aiyo kukuless...why chase away your customer...Netx promoter ho sim helping to promote lambo mah...give job to you leh...boh liong sim one..mana boleh scold your customer...wei...he is netx shareholder leh...has the right to terminate you lambomove job leh...understand or not....lol..Lambo not much sales leh...see last QR...miserable turnover..lagi mau scold your customer kah...boh nao one...lol....wakakaka..kikiki


Aliibaba there is no JV between lambo and Netx, just a small part of delivery work from Netx, Lambo making money, but Netx has to pay for the service, understand. you are really idiot, nowonder you follow that House fly calvin to his toilet.. get lost last.. don't come here to promote your Netx, go there.

Posted by stncws > Apr 9, 2020 6:26 PM | Report Abuse
Next Lambo JV could boost both sales in next 6 month...

Next Ariantec will get job from TM for FFB upgrade jobs.
09/04/2020 7:07 PM
09/04/2020 7:19 PM
Aliibaba all netx hardsellers please get lost, dont come over here to hartdsell your rubbish Netx.
09/04/2020 7:21 PM
stncws Buy more Netx...

Tm jobs will get some..

Lambo will make Netx Moves...this is strategy

Netx Tp 0.08
09/04/2020 7:24 PM
dragonslayer Aiyo kukuless..I m not netx promoter wo...I was there bcos of you wo...told you many times...I have no vested interest at netx wo..purely go there bcos you forced me to go wo...lol...wakakaka...kikiki
09/04/2020 7:25 PM
Aliibaba Idiot Dragon is conman Calvin's cousin, they are the ganster in i3 barbarously multiple flagged people and deleted all their posts in Netx, very soon he will banned. even if he has someone working in i3 investors, I know how to deal with him.
09/04/2020 7:26 PM
dragonslayer Aiyo kukuless...you will never chg lah...cakap how many times...you will not entertain my comment...lol...you know or not...dog will never chg eat shit...thats why no matter how you chg new ID..I can tangkap you one.....lol...stop the fake news leh...apologise to me...retract the fake news...lol...wakakaka...kikiki
09/04/2020 7:32 PM
Investsucess Trader still accumulating 0.01....
09/04/2020 7:55 PM
roszali GEM (stylized as Gemspot) is a mobile food delivery marketplace available in malaysia. It is headquartered in kuala lumpur malaysia and on track to expand its brand across Southeast Asia by 2020.
The service allows users to select from local restaurants and place orders via its mobile applications .The company has partnered with over 6000 restaurants in malaysia and works with delivery partner.The firm was establish by early 2019 .
09/04/2020 7:57 PM
roszali Platform
Gemspot processes and sends orders directly to partner restaurants, which then deliver to their customers. The service is available via mobile applications. Customers order food by entering their postcodes on the mobile applications for food from a list of restaurants. They can create meals by browsing restaurant menus and selecting items they want to order before entering an address and proceeding to the checkout. Restaurants receive these orders and then deliver to customers. Gemspot sends out an SMS to confirm orders and their estimated delivery time.
09/04/2020 8:02 PM
roszali Ordering
Gemspot accepts orders via mobile applications. It connects customers with restaurants that offer food delivery in their area and lets them choose, order and pay online. Gemspot also has a review section on restaurant pages, where customers can comment on sales process, delivery, taste and overall impression of restaurants.
09/04/2020 8:07 PM
Investsucess Trader Hope next year I can get a lambroghini
09/04/2020 8:19 PM
Aliibaba You meant you are whoaf whoaf calvin's dog, and bec you eat shits so you will never fail to find me? You want to change from Calvin's cousin into his dog. OK, permission granted, next time I call you calvin's dog dragon to make you easier to recognise me. I will delay in making complain about you, let me play around with this mad dog first, It's kind of fun... hahaha

Posted by dragonslayer > Apr 9, 2020 7:32 PM | Report Abuse
dog will never chg eat shit...thats why no matter how you chg new ID..I can tangkap you one.....
09/04/2020 8:48 PM
dragonslayer Aiyo kukuless...what I said ..you are like dog lah...never repent one...no matter what new ID you created will talk the same one...go the same place talk the same thing one...your lepak topic is very limited lah...kongkam..easy to spot you in I3 lah...lol...just like dog never chg the habit will makan shit lah...when the shit no more there..straight away know you eat it liao lor.....lol...wakakaka...kikiki
09/04/2020 9:21 PM
Aliibaba calvin's cousin the dog, dragon, you really must be very full everyday, you go to Netx to eat up all 3iii, johnchew, shootup and many more's shits; no wonder so much posts deleted there. eat too much shits no good for health can get covid 19, if one of them is infected. be careful lor. hahahaha.. enough for now..
09/04/2020 9:37 PM
dragonslayer Aiyo kukuless..told you oredy mah..I not even see calvin kor kor b4 ...lepak in I3 only lah...why you keep insist he is my cousin leh..cakap I gang with him to con ppl wo.....lol..you kukuless lah....ask you so many times... to bet with me..cut kuku..if he is my cousin..I cut my kuku..else .you cut your one ...you also dare not to accept..ala lagi lu mau...still ..posting fake news again and again.....wei..lepak in I3 is my hobby leh...you beh song apa..I like to talk with who...call Calvin kor kor..is my right mah...must get your approval kah...lol .why insist I change it leh....wakakaka...kikiki
09/04/2020 10:06 PM
Aliibaba Calvin's cousin dragon the dog, I know you are shy darent admit lor, so many days didnt call you calvin's cousin, you cant tahan force me to tell others. now I helped already, you some more nagging whole night, your otak tak tantu kah. hahaha...
09/04/2020 10:36 PM
dragonslayer Aiyo kukuless..dare to post fake news..but dare not to accept cut kuku bet...apa lagi mau cerita lah...lol..you cant even prove he is my cousin leh...pakai fitnah kah...kongkam lah...lagi mau talk ayam...lol...promote your lambo lah..see how good you are..always kutuk others...you very good lah...pick lambo 1sen ctr..I will be at here waiting to see how good you are lah...jadi promoter is not easy like jadi
penkritik leh....you can or not...sweet talk you know or not....not scold ppl one leh......lol...wakakaka...kikiki
09/04/2020 11:01 PM
stncws Posted by suraya > Apr 9, 2020 8:57 PM | Report Abuse

Gemspot startup stage the early company raised 25 mil in our group of investors .
Johnchew5 you don't forget Netx is mobile food delivery marketplace ...
IB like credit suisse goldman sachs temasek softbank and other tech giant like tencent alibaba they like invest marketplace company. ..
you see lazada invested by tesco ,temasek holdings ,JPmorgan and Alibaba .
Food Panda invested by Phenomen Ventures , Rocket Internet,Investment AB Kinnevik, iMENA Holdings and goldman sachs.
Resy invested by uber , First Data Corporation and American Express.
Gojek invested by Sequoia, Northstar Group , Blibli.com,Google,Tencent,Temasek holdings.
Grab invested by US-based hedge fund Tiger Global, GGV Capital,temasek holdings, Didi Chuxing , China Investment Corporation, softbank and Booking Holdings.
09/04/2020 11:05 PM
Aliibaba Oh I know already, you want to be called kukuless dragon the dog, calvin's cousin, OK! now satisfy? stop nagging.. hahaha
09/04/2020 11:07 PM
Johnchew5 Ho ho kon artist Calv. Is banned for 2nd time ... his con gang came here to promote Netx.
10/04/2020 5:27 AM
Johnchew5 Lambo 5 years financially with Profit .. rewarded shareholders with Bonus Issues on May2019 .

Netx each year is with Loss .. desperate fund raising by ESOS 5 times within Dec 2018 to March 2019 ... instead of rewarding employees with monetary but get money from employees ex at 2 sen ..
10/04/2020 5:32 AM
Johnchew5 6. TnGo eWallet start on 2017 same as PayAllz which signed agreement with A Cambodia bank , see TnGo eWallet today , and see PayAllz today , what ekyc investment, TnGo eWallet security with ekyc is safe , what is the investment? 10 million , 20 million ? Hoho

7. Gem app Hong Kong partner 2go trading not operating since 2016 , Netx signed partnership with its subsidiary 2go Tech on June2019 , why burn money 10.3 million in FY17 , 18 million in FY18 , then another 29 million in 2019 .
10/04/2020 5:33 AM
Johnchew5 Gem start up with 25 millions .. 15.3 million is from 1 billion PP shares in 2019 but only 850 million shares are subscribed . Latest FY19 Q6 Revenue is RM 33,000 ...FY19 is at Loss RM 29 millions .
10/04/2020 5:39 AM
Johnchew5 GEM to GEMspot to GEMPro ... workable or not is still a big ????...
10/04/2020 5:41 AM
Johnchew5 Why Top 30 is no more Credit Suisse of about 150 million shares ? Sold to Noel Robert of YPC college ?

Credit Suisse is not confident with Netx ?
10/04/2020 5:43 AM
Johnchew5 Ho ho dragoneliar go back with your con gang in TDM to Sumatec which is in bankruptcy.
10/04/2020 5:45 AM
Johnchew5 No wander people label u as kon artist cousin...
10/04/2020 5:46 AM
Johnchew5 Dragoneliar u r kukuless .. no wander each time shouting Aiyo sakitnya especially in Netx... your cousin does posted a rape photo from back ..must be kena kuku gaw gaw from him ...haha
10/04/2020 5:52 AM
Johnchew5 Ho ho roszali aka faizal... Netx top 30 shareholder is promoting Netx here also. But mentally have problem..better go to see a doctor ..
10/04/2020 5:58 AM

  5 people like this.
 
rkgfantasy raise that time serba no move
drop that time serba drop more
what a potential counter
08/04/2020 9:18 AM
Eric6790 useless counte
08/04/2020 10:23 AM
Steve88 just wait for it on this week
08/04/2020 11:36 AM
Mabel Our views: Uncertainty remains. While there may be hope for the supply crisis to be resolved, we foresee worries over the Covid-19 global pandemic remaining as the recovery period may take longer than expected, leading to an unprecedented demand loss as lockdown period are extended. The impact on energy markets are still evolving and have caused significant changes in supply and demand patterns. According to the IEA, even if OPEC+ and other producers agreed to a cut of 10 mbbls/day, global oil inventories would still rise by 15 mbbls/day in the 2Q as the pandemic destroys unprecedented volumes of demand with more than 3bn people worldwide remaining in lockdown. This also after considering that the vaccine for Covid-19 has yet to be found, hence consumer sentiment remaining weak. We maintain our Neutral call on the sector. During this period, we prefer Serba Dinamik and Dialog Group given its defensive and recurring income business natures.
08/04/2020 1:19 PM
tkl88 Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60%)‬
Brent => $32.88 ‪(+1.01) (+3.17%)‬
08/04/2020 1:42 PM
RedEagle Russia has about US$550bil stashed away in some of the biggest rainy-day funds in the world, but President Vladimir Putin’s support measures only account for about 2% of gross domestic product (GDP), according to ING Bank.

MOSCOW: As leaders around the globe compete with ever-bigger spending packages, the Kremlin is hoarding hundreds of billions of dollars in reserves, worried that oil prices will stay low for a long time.

Russia has about US$550bil stashed away in some of the biggest rainy-day funds in the world, but President Vladimir Putin’s support measures only account for about 2% of gross domestic product (GDP), according to ING Bank.

During the 2008-2009 global financial crisis, the country spent a tenth of GDP to counter the collapse but was able to rebuild its reserves within just a few years as crude rebounded. This time around the Kremlin is hunkering down for a prolonged period of low export revenues.

“Oil prices have fallen below a level anyone thought imaginable, ” said Alexandra Suslina, a budget specialist at the Economic Expert Group, a Moscow think-tank that advises the government. “They need to spend the reserves carefully because that’s all there is.”

The approach has caused outrage among business owners and lobby groups, who warn that insufficient stimulus could lead to mass unemployment, bankruptcies and a deep economic slump.

The central bank estimated that a government ruling for most Russians to work from home for the whole of April could knock 1.5% to 2% off growth this year, while the budget is being re-written to prepare for oil prices at US$20 a barrel.

“So far there are promises but no help, I don’t know even one businessman who received help and almost everyone has suffered, ” said Aleksandr Khurudzhi, head of the Business Protection Association in Moscow.

The government’s stimulus package, which will be partly funded by taxes on the rich, so far amounts to a 300 billion ruble (US$3.9bil) fund to support struggling firms, and some tax and mortgage breaks.

Before the crisis, the government was planning to boost spending this year, and officials have stressed that they won’t cut that.

Prime Minister Mikhail Mishustin said last week that the government has reserved 1.4 trillion rubles if needed, although it wasn’t clear what the money would be spent on and how much would come from existing budgets.

“There’s a lot of discussion about using the budget to give people handouts, but that’s just not right, ” Moscow Mayor Sergei Sobyanin said on state TV last week.

“The budgets will burst, they’re already struggling to cope with the strain on healthcare.”

Alexei Kudrin, a former finance minister called last week for the strict rules that limit spending from the US$165bil wealth fund, the liquid chunk of Russia’s reserves, to be altered to free up money.

He said a mechanism needed to be created to distribute support directly to people. Sergei Guriev, the former chief economist at the European Bank for Reconstruction and Development, said Russia should be spending around 10% of GDP. — Bloomberg
08/04/2020 2:52 PM
rkgfantasy GG Serba, closing bottom
08/04/2020 4:57 PM
okok Who is trowing serba epf?
08/04/2020 4:59 PM
Eric6790 pity those those who buy yesterday
08/04/2020 5:04 PM
CUTLOST Epf sold a lot today.. Qtr coming mybe not so nice
08/04/2020 5:19 PM
okok Mabel any comment?
08/04/2020 5:50 PM
huatgorgor Ooopss
08/04/2020 6:08 PM
huatgorgor Meow
08/04/2020 6:08 PM
icepumpkin Mabel will say drop-she buy again.
08/04/2020 7:53 PM
Mabel @okok Who is trowing serba epf?
08/04/2020 4:59 PM

okok Mabel any comment?
08/04/2020 5:50 PM

KUMPULAN WANG PERSARAAN 06-Apr-2020 Disposed 2,000,000
EMPLOYEES PROVIDENT FUND BOARD 03-Apr-2020 Disposed 3,505,700
KUMPULAN WANG PERSARAAN 03-Apr-2020 Disposed 7,000,000
KUMPULAN WANG PERSARAAN 03-Apr-2020 Disposed 58,300

okok

This is the main reason. I suppose they need the money to help Government Bantuan Prihatin National Program. Basically all counter except for Gloves and Construction are RED today.

"Unless you can watch your stock holding decline by 50 % without becoming panic stricken, you should not be in Stock Market" - Warren Buffett

Price fluctuation are part of the playing fields.

Meow..
08/04/2020 9:32 PM
Mabel @icepumpkin Mabel will say drop-she buy again.
08/04/2020 7:53 PM

Absolutely...

Meow..
08/04/2020 9:33 PM
Gordon Weng M.T Just Buy. Things will happen by the end of month.
08/04/2020 9:34 PM
tkl88 Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054

ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.
08/04/2020 10:21 PM
Mabel Cheers tkl88!

Today I took the opportunity to collect and accumulate Armada and HengYuan.

Meow..
08/04/2020 10:51 PM
Mabel Studies have repeatedly shown that when panic selling occurs, many ordinary investors found the losses too much to bear and sell stocks, often at or around the market lows.

Whenever you feel stress...

Do the Hustle..

https://www.youtube.com/watch?v=V3kE0rvAJhM

Compliments from Mabel’s Body Shops

Meow.
08/04/2020 11:05 PM
F1Trade Beautiful V
08/04/2020 11:09 PM
Mabel Meow...
08/04/2020 11:27 PM
tkl88 OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬
09/04/2020 3:31 AM
tkl88 ‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44%) !
09/04/2020 4:21 AM
tkl88 Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41%)‬
Brent => $33.‪54 (+1.67) (+5.24%)‬
09/04/2020 4:43 AM
tkl88 Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com
09/04/2020 5:19 AM
huatgorgor Mabel, why Amada over Velesto? Velestl has more potential and makinf profit
09/04/2020 9:36 AM
JaBerry Hope is up today
09/04/2020 10:20 AM
investortrader88 need to wait for epf & retirement fund finish dispose then can go up more faster
09/04/2020 10:23 AM
Mabel @huatgorgor Mabel, why Amada over Velesto? Velestl has more potential and making profit
09/04/2020 9:36 AM

Absolutely huatgorgor! I have collected enough of Velesto shares. Please see all my comments in the Velesto Forum. Both are under my collection of Battleships. Both have their own strengths. Here's how my Battleships are doing in this War of Terror in term of Margin. As I shared earlier my collection are based on the Pareto principle (also known as the 80/20 rule). Hence the no of shares holding differs from one Battleship to another.

P1. Interceptor Serba
P2 Fancy Alam
P3 Black Pearl Armada
P4. Lady Dayang
P5. Flying Dutchman KNM
P6. Empress Velesto
P7. Royal Fortune ICON
P8. Panglima Hibiscus*
P9. Adventure Galley T7
P10.Queen Anne Sapnrg
P11.Vangelis Scomies**
P12.Golden Yuan***

I have decided to consolidate my 16 Battleships into 12 Groups based on their characteristics. In numerology, twelve is the number of completeness. It's widely used in the Holy Scriptures. The even numbers are considered lucky, since it is believed that good luck comes in pairs.

* I have consolidated Reach into Hibiscus since they carry the same scope of work. They both have Oil Wells.

** Inspires by Armada, KNM and Velesto turn around stories, I have invested in 3 PN17 Battleships. I believe the best way to learn about a company is to put your stakes in it. My motivation is to be part of their journey for another turnaround story. TH Heavy has registered 2 Consecutive Profits, Scomies when I enter already registered a profit. The recent quarter was a lost due to impairment due to parent Scomi default loan. Otherwise Scomies would have registered the 2nd Consecutive Profits. Barakah has recently registered its 1st profits. Now waiting for a complete Regulation Plan this May 2020.

Some of the above Battleships have Bonus Issues with Free warrants like Serba and ICON and I have subscribed to the whole right issues.

*** I have consolidated MMC into HengYuan since they scope are complimentary to each others. MMC's operations into Ports and Logistics, Energy and Utilities, and Engineering and Construction business units will be complimentary to HengYuan's refineries.

The above 16 Battleships cover the entire Oil & Gas Supply Chain: Upstream, Middle Stream and Downstream. Except for Lady Dayang, all my Battleships are name after the ships in Pirates of the Caribbean

Salute!

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

Captain Mabel Sparrow
09/04/2020 11:23 AM
Darius Tanz Price of oil going up is good sentiment for Serbadk but macro isn't great and oil still downtrend. Serbadk has also entered bear territory so do trade with caution.

https://netflyp.com/serbadinamik-holdings-bhd-klse-serbadk-5279-technical-analysis-april-2020/
09/04/2020 3:46 PM
Eric963708 EPF sold so is hard to share prices up
09/04/2020 3:48 PM
tkl88 Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)
09/04/2020 4:45 PM
rkgfantasy closing lowest hahah
what is the point for dow jones raise ?
09/04/2020 4:52 PM
tkl88 OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02%)
Brent => $34.20 (+1.36) (+4.14%)
09/04/2020 6:03 PM
apolloang ini no panggil sky high ini panggil technical rebound
09/04/2020 6:04 PM
okok Oil goes up serba goes down. Hehehe
09/04/2020 6:17 PM
shadowz Very disappointing performance with oil.price spike up to this high level
09/04/2020 6:28 PM
RedEagle The current OPEC members are the following: Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia (the de facto leader), the United Arab Emirates and Venezuela.
09/04/2020 8:15 PM
fightingdragons Sell on news lah https://asiatimes.com/2020/04/opec-preps-trump-taming-truce/
09/04/2020 8:37 PM
Mabel @Darius Tanz Price of oil going up is good sentiment for Serbadk but macro isn't great and oil still downtrend. Serbadk has also entered bear territory so do trade with caution.

https://netflyp.com/serbadinamik-holdings-bhd-klse-serbadk-5279-techni...
09/04/2020 3:46 PM

Thanks for sharing this article Darius!

To be honest, I really don't mind Serba coming down this month....

My hand now very itchy to collect more...

Today, I accumulate more Queen Anne Sapnrg after Dayang failed miserably to meet my target collection price.

Meow..
09/04/2020 10:32 PM
abc333 20M cuts sky is the limit. No idss , the only way to make money is UP.
09/04/2020 10:57 PM
Mabel It's already on the news...

Both Russia and Saudi agree to cut 20 million barrel per day.

Oil Spike 12 %...

Tomorrow I expect all O&G counters will explode...

Meow....
09/04/2020 11:11 PM
RedEagle 20million cut..Great deal..
09/04/2020 11:12 PM
gemfinder Oil gave up all the gains la.. sleeping ka
09/04/2020 11:15 PM
tkl88 Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!

As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71%)‬
Brent => $33.86 ‪(+1.02) (+3.11%)‬
10/04/2020 12:28 AM
tkl88 Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts

Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.
10/04/2020 1:02 AM
tkl88 Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22%) !
10/04/2020 4:26 AM
okok Serba no run. Hehehe
10/04/2020 5:48 AM
napnap Run..
10/04/2020 5:50 AM

  9 people like this.
 
tkl88 Wow, Amazing !
Damn hot man ICON today ! What happend?
Now ICON already traded at 0.07 (+0.01) (+16.7 %)
Today ICON probably can closed at 0.15 (+0.09) (+150 %)
Keep it up ICON !

Huat ah ! Heng ah ! Ong ah !
06/04/2020 11:18 AM
Mabel Some Highlight on the latest developments..

1. China today plan to buy all the oil for its emergency reserves
2. Saudi Arabia and Russia would ultimately agree on production levels because low prices are “obviously very bad for them
3. Trump could impose ‘very substantial’ tariffs on oil imports, but doesn’t think he’ll need to do so

Meow Meow Meow
06/04/2020 12:41 PM
DRwarrant OIL STEAMINGGGGGGG again !
TP ICOn 20 SEN , WA 16 SEN
06/04/2020 12:45 PM
newkid as far as 6.5 sen can sustained few more days, opec meeting with positive outcome, no extension of MCO, chances rally to RI price by next week !
06/04/2020 12:58 PM
tkl88 Wow, Oil price going to turn green liao !
As at 2.07pm,
Nymex => $28.08 ‪(-0.26) (-0.92%)‬
Brent => $34.00 ‪(-0.11) (-0.32%)‬
06/04/2020 2:10 PM
tkl88 Dow Jones spike up crazily !
As at 10.33pm,
Dow Jones at => 22,073.14 (+1,020.61) (+4.85%) !
06/04/2020 10:34 PM
Mabel Wah today so nice..

All my Battleships are up and running...

The gainers included Hibiscus Petroleum Bhd, Sapura Energy Bhd, Serba Dinamik, Icon, Dayang Enterprises Bhd, Bumi Armada Bhd, Velesto Energy Bhd, KNM Group Bhd and Alam Maritim Resources Bhd etc etc...

Basically all the 14 Battleships are up and running..

Meow...
06/04/2020 11:30 PM
Mabel Moscow is ready for cooperation and interested in interaction with countries in order to stabilise the energy markets

Meow..
07/04/2020 12:02 AM
tkl88 Wow, Fabulous,
Dow Jones closed at=> 22,679.99 (+1,627.46)(+7.73%) !
07/04/2020 4:36 AM
tkl88 CNBC MARKETS
Dow soars 1,600 points as growth rate of new coronavirus cases appears to slow
PUBLISHED SUN, APR 5 2020 6:04 PM EDT
UPDATED MOMENTS AGO
Fred Imbert ,Silvia Amaro

https://www.google.com.my/amp/s/www.cnbc.com/amp/2020/04/05/stock-market-futures-open-to-close-news.html

Stocks jumped on Monday, rebounding from sharp losses in the previous week, as the number of new coronavirus cases in the U.S. appeared to slow down. 
The Dow Jones Industrial Average closed 1,627.46 points higher, or more than 7%, at 22,679.99. The S&P 500 gained 7% to close at 2,663.68 while the Nasdaq Composite surged 7.3% to 7,913.24. The major averages rallied to their session highs in the final minutes of the session, with the Dow briefly trading more than 1,700 points higher. 

Boeing gained more than 19% to lead the Dow higher. Raytheon Technologies, American Express and Visa rose more than 11% each. The S&P 500 was led higher by the utilities, consumer discretionary and tech sectors, all of which closed more than 7% higher. Retail stocks such as Nordstrom, Kohl's and Macy's also rose sharply. 

Investors were encouraged by data that shows a slowing in the number of daily U.S. coronavirus cases, although it is still early to determine a lasting trend. There were about 30,000 new cases on Thursday, 32,100 cases on Friday, 33,260 cases on Saturday, and then a slowing to just 28,200 new cases Sunday, according to the latest data from Johns Hopkins.

The Trump administration also noted on Sunday there are signs of stabilization in hospital rates, helping to lift Wall Street sentiment on Monday. Meanwhile, New York State reported 594 new coronavirus deaths on Sunday, fewer than 630 on Saturday, marking the first daily decline in coronavirus-related deaths.
"Incoming data suggests NY state might peak sooner than Cuomo's optimistic case," Tom Lee, head of research at Fundstrat, said in a note to clients. "With better visibility on the healthcare crisis in the US, particularly, on a potential to model a national peak, we believe buyers are now taking control."
Slowing death rates in Europe also offered up some hope that the U.S would be nearing its peak soon as well and that social distancing measures are working.
07/04/2020 5:13 AM
tkl88 Oil price was so bullish !
As at 7.27am,
Nymex => 26.81 ‪(+0.73) (+2.80%) !‬
07/04/2020 7:29 AM
tkl88 Wow, Oil price was so strong !
As at 8.38am,
Nymex => $26.96 ‪(+0.88) (+3.37%)‬
Brent => $33.72 ‪(+0.42) (+1.26%)‬
07/04/2020 8:40 AM
Mabel Meow Meow Meow
07/04/2020 8:51 AM
BanglaMan Lapsap counter
07/04/2020 9:26 AM
up88up wow 0.075 nice!
07/04/2020 10:12 AM
Sonnykwaeh AIYO PLEASE DONT BUY FOCUS .....EVERY BANK CAP THIS SHARE ONLY 1CTS
(ONE CENT CAP PRICE ) DOING FAKE ACCOUNT
07/04/2020 10:13 AM
newkid Our Tapis crude up 10% today, mother look very strong, look like some guys are collecting son also .I got six sense feeling mother n son are gearing up for big rally next week or this week !!
07/04/2020 10:46 AM
tkl88 Wow, Oil price spike up crazily !
As at 10.48am,
Nymex => $27.04 ‪(+0.96) (+3.68%)‬
Brent => $34.02 ‪(+0.97) (+2.93%)‬
07/04/2020 10:56 AM
tkl88 Dow Jones continue it's bull run
As at 3.25 pm,
Dow Jones Futures at => 22,906.0 (+418.0) (+1.86%)
07/04/2020 3:30 PM
Mabel Wah...so nice...

Everyday my Royal Fortune Icon is climbing....

Since all the my Energy Battleships are now on full speed, it’s time to secure the final business segment of the Oil & Gas Supply Chain. Today I'm on board the HengYuan Battleship. HengYuan was formerly known as Shell Refinery. Collected few batches this morning and afternoon. Thanks to current negative news, bought an average price of RM 3. Last year she was trading at RM 6. All my Fishing baits today were snapped since I usually don't queue when I'm on my Hunting Mode. Since all my Battleships are name after the ships in Pirates of the Caribbean, I'm going to call her Golden Heng Yuan.

100+ years of market history tells us that the best time to go out and scour the market for hidden opportunities is when the stock market has fallen hard. This War on Terror is a catalyst, all you need is to react to it..

Meow...
07/04/2020 5:30 PM
tkl88 Wow, Oil price continue to spike up !
As at 7.13am,
Nymex => 24.63 ‪(+1.00) (+4.23 percent)
08/04/2020 7:19 AM
tkl88 Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91 percent)
08/04/2020 9:10 AM
pc007 Icon sudah mau take off 10cts ...
08/04/2020 11:09 AM
DRwarrant OIL STEAMINGGGG again !
TP ICON 20 sen , WA 16 sen
08/04/2020 11:40 AM
tkl88 Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60 percent)
Brent => $32.88 ‪(+1.01) (+3.17 percent)
08/04/2020 1:36 PM
DRwarrant Oil rebounds as hopes grow for output cut deal

# BETTER FULL your tank with RON 95 ( now RM 1.30 ) BEFORE 50 - 70 sen BIG JUMP this Friday !

AFP -April 8, 2020 1:14 PM

SINGAPORE: Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers’ meeting this week aimed at cutting output to support coronavirus-hit energy markets.

US benchmark West Texas Intermediate was up 5.7% to US$24.98 a barrel in morning Asian trade.

A barrel of Brent, the international benchmark, was changing hands at US$32.69 a barrel, up 2.5%.
08/04/2020 1:41 PM
tkl88 Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054
08/04/2020 10:05 PM
tkl88 ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.
08/04/2020 10:05 PM
tkl88 OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬
09/04/2020 3:28 AM
tkl88 ‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44 percent) !
09/04/2020 4:17 AM
gorengking69 Best counter in Bursa
09/04/2020 4:23 AM
tkl88 Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41 percent)
Brent => $33.‪54 (+1.67) (+5.24 percent)
09/04/2020 4:40 AM
tkl88 Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html
09/04/2020 5:07 AM
tkl88 The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com
09/04/2020 5:07 AM
DRwarrant OIL brent / west texas further steaming world market !
must wallappp now !
# RON 95 last chance RM 1.30...will never be this cheap dirt again
HUrrryyyy upppp to petrol Pump NOWWWWW !
09/04/2020 4:30 PM
tkl88 Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)
09/04/2020 4:38 PM
tkl88 OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02 percent)
Brent => $34.20 (+1.36) (+4.14 percent)
09/04/2020 5:59 PM
Cash_Is_King Brent or crude oil affect this counter much?
09/04/2020 10:29 PM
mingchun91 Saudi and Russia came to an agreement would cut 20 million barrels per day . oil jumps 12% right now! Siting CNBC.
10.45pm
09/04/2020 10:46 PM
pc007 Ho la la...limit up tomorrow 9 cts
09/04/2020 10:47 PM
Mabel It's already on the news...

Both Russia and Saudi agree to cut 20 million barrel per day.

Oil Spike 12 %...

Tomorrow I expect all O&G counters will explode...

Meow....
09/04/2020 11:12 PM
aireez Both Russia and Saudi agree to cut 20 million barrel per day.
butttt .....
Trump start clearing their stock .... huhuhuhuhuuuuuuuuuuuuuuuuuuuuu

Maybe next Monday start new price .... USD 30 @ USD 40 maybe USD 50
still hv time to collect 2mrw ...
09/04/2020 11:30 PM
aireez 2night .... Tops 3 oil leader hv to lelong their oil until OPEC maximum limit level reach !!!
09/04/2020 11:37 PM
aireez Together2 .... we collect 7cts for next week limit-up !!!
09/04/2020 11:56 PM
davidkkw79 Penny stock really easily to limit up
10/04/2020 12:00 AM
tkl88 Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!
As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71 percent)
Brent => $33.86 ‪(+1.02) (+3.11 percent)
10/04/2020 12:24 AM
tkl88 Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts
10/04/2020 12:50 AM
tkl88 Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.
10/04/2020 12:56 AM
tkl88 Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22 percent)
10/04/2020 4:28 AM
napnap Tkl88 it's over, run as fast dont hold anymore.
10/04/2020 5:46 AM

  7 people like this.
 
RedEagle - U.S. Coronavirus Pandemic Worsens
- Wall Street Braces For More Volatility
- Oil Market Turmoil
- Fed Meeting Minutes
- U.S. Initial Jobless Claims
06/04/2020 2:21 PM
Bluey I don’t know how oil affects Carimin price so I did the next best thing. I got out and will enjoy my profits. Will monitor and come back again. So suggest you take your profit, rest and come back later. Let the so called sifu screw each other. Good luck all.
06/04/2020 3:21 PM
Srijevan San Sure die tomorrow..... Oil price dropped like hell.... Brent 33.16 crude 27.00..... just one day show only.... RIP
06/04/2020 9:17 PM
RedEagle What happen to Dowji?
06/04/2020 10:03 PM
up88up Up 1K to 22k
06/04/2020 10:05 PM
up88up https://www.cnbc.com/2020/04/06/russia-saudi-arabia-are-very-close-to-an-oil-production-deal-rdif.html
06/04/2020 10:05 PM
Ravi Kumar Malam ini DJIA hijau besok Carimin, Uzma, Dayang semua ON
06/04/2020 10:11 PM
tkl88 Dow Jones spike up crazily !
As at 10.33pm,
Dow Jones at => 22,073.14 (+1,020.61) (+4.85%) !
06/04/2020 10:41 PM
tkl88 Wow, Fabulous,
Dow Jones closed at=> 22,679.99 (+1,627.46)
(+7.73 percent) !
07/04/2020 4:43 AM
tkl88 CNBC MARKETS
Dow soars 1,600 points as growth rate of new coronavirus cases appears to slow
PUBLISHED SUN, APR 5 2020 6:04 PM EDT
UPDATED MOMENTS AGO
Fred Imbert ,Silvia Amaro

https://www.google.com.my/amp/s/www.cnbc.com/amp/2020/04/05/stock-market-futures-open-to-close-news.html

Stocks jumped on Monday, rebounding from sharp losses in the previous week, as the number of new coronavirus cases in the U.S. appeared to slow down. 
The Dow Jones Industrial Average closed 1,627.46 points higher, or more than 7%, at 22,679.99. The S&P 500 gained 7% to close at 2,663.68 while the Nasdaq Composite surged 7.3% to 7,913.24. The major averages rallied to their session highs in the final minutes of the session, with the Dow briefly trading more than 1,700 points higher. 

Boeing gained more than 19% to lead the Dow higher. Raytheon Technologies, American Express and Visa rose more than 11% each. The S&P 500 was led higher by the utilities, consumer discretionary and tech sectors, all of which closed more than 7% higher. Retail stocks such as Nordstrom, Kohl's and Macy's also rose sharply.
07/04/2020 5:35 AM
tkl88 Investors were encouraged by data that shows a slowing in the number of daily U.S. coronavirus cases, although it is still early to determine a lasting trend. There were about 30,000 new cases on Thursday, 32,100 cases on Friday, 33,260 cases on Saturday, and then a slowing to just 28,200 new cases Sunday, according to the latest data from Johns Hopkins.

The Trump administration also noted on Sunday there are signs of stabilization in hospital rates, helping to lift Wall Street sentiment on Monday. Meanwhile, New York State reported 594 new coronavirus deaths on Sunday, fewer than 630 on Saturday, marking the first daily decline in coronavirus-related deaths.
"Incoming data suggests NY state might peak sooner than Cuomo's optimistic case," Tom Lee, head of research at Fundstrat, said in a note to clients. "With better visibility on the healthcare crisis in the US, particularly, on a potential to model a national peak, we believe buyers are now taking control."
Slowing death rates in Europe also offered up some hope that the U.S would be nearing its peak soon as well and that social distancing measures are working.
07/04/2020 5:36 AM
tkl88 Oil price was so bullish !
As at 7.27am,
Nymex => 26.81 ‪(+0.73) (+2.80%) !‬
07/04/2020 7:33 AM
Srijevan San Tkl88: dji not effected carimin and dayang much as both depend on oil price. Even dji rise 3000 also no effect both counters
07/04/2020 7:43 AM
tkl88 Wow, Oil price was so strong !
As at 8.38am,
Nymex => $26.96 ‪(+0.88) (+3.37%)‬
Brent => $33.72 ‪(+0.42) (+1.26%)‬
07/04/2020 8:43 AM
overmars now dropped ledi lor.... if break 35 or 40 maybe have chance la.... anyway let pray for rising carimin today heng ong huat aaaaaaaaaaaa
07/04/2020 8:48 AM
tkl88 Wow, Oil price spike up crazily !
As at 10.48am,
Nymex => $27.04 ‪(+0.96) (+3.68%)‬
Brent => $34.02 ‪(+0.97) (+2.93%)‬
07/04/2020 11:09 AM
tkl88 Dow Jones continue it's bull run
As at 3.25 pm,
Dow Jones Futures at => 22,906.0 (+418.0) (+1.86%)
07/04/2020 3:35 PM
tkl88 Wow, Oil price continue to spike up !
As at 7.13am,
Nymex => 24.63 ‪(+1.00) (+4.23%)‬
08/04/2020 7:22 AM
overmars latest oil price at 8/4/20 @ 0800hrs
crude 24.63 + 1.00
brent 32.41 - 0.06

today sure will drop like hell
08/04/2020 7:59 AM
tkl88 Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91 percent)
08/04/2020 9:03 AM
overmars oil price up but this counter drop.... mean oil price also help nothing to oil counter
08/04/2020 9:13 AM
probability Petronas to maintain oil and gas production despite measures to contain Covid-19

https://www.upstreamonline.com/safety/petronas-to-maintain-oil-and-gas-production-despite-measures-to-contain-covid-19/2-1-776040

“Therefore, all operations falling within the above essential services including all SUPPORT SERVICES,
.......................

should continue,” Petronas said in a statement.

Petronas issued the statement following the 18 to 31 March movement control order announced Monday by Prime Minister Muhyiddin Yassin, which includes the closure of all non-essential business and services.
08/04/2020 9:27 AM
tkl88 Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60%)‬
Brent => $32.88 ‪(+1.01) (+3.17%)‬
08/04/2020 1:40 PM
overmars what for keep going up as all waiting big bro sit down on table talk.... if friday can get good news sure will drop like hel
08/04/2020 3:28 PM
overmars keep dropping like shit.... nothing can do to make it up again... morning rose 1.00 ++ now be negative..... just pray brent rise till 70 la... RIP all
08/04/2020 4:46 PM
tkl88 Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054

ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.
08/04/2020 10:17 PM
Srijevan San This help nothing as there is no demand for oil globally because airplane industry can be said stop totally. Seldom vehicles running mean less fuel be used. Even cut supply also cant rise the price too much.. many countries launch lockdown tactic. Vessel also noylt fully utilized. So what will happen in this coming 2 months. Some more meeting on Thursday not promised positive deal. How if there just a coffee time for OPEC++ only?
09/04/2020 12:35 AM
tkl88 OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬
09/04/2020 3:32 AM
tkl88 ‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71)
(+3.44 percent) !
09/04/2020 4:22 AM
tkl88 Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41 percent)
Brent => $33.‪54 (+1.67) (+5.24 percent)
09/04/2020 4:45 AM
tkl88 Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html
09/04/2020 5:21 AM
tkl88 The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com
09/04/2020 5:21 AM
overmars still no moving even oil price rise... any opinion or professional advice?
09/04/2020 9:29 AM
Bluey Sold all my Carimins this morning. Not convinced that nyse seesaw is real. Check comment by Jim Cramer. See no relationship between crude and Carimin. Maybe for Chevron etc. Guys be careful and Good Luck!
09/04/2020 11:29 AM
overmars 85c? 75 also hard to achieve now.... u sure andr?
09/04/2020 3:02 PM
overmars crude break 26
brent break 34
but carimin not even break 75c
09/04/2020 4:18 PM
tkl88 Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)
09/04/2020 4:47 PM
tkl88 OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02%)
Brent => $34.20 (+1.36) (+4.14%)
09/04/2020 6:04 PM
apolloang 19/3/20 only 32.5cts sudah up more than 100%.....oil also no up that much
09/04/2020 6:06 PM
Srijevan San Don happy too much... Future indice dropping now... This will effect too... Anyhow, who know what time (Malaysia) the big brothers having meeting? This is more important... Hopefully fruitful meeting can rise carimin to 1.00 la... Pray for that
09/04/2020 6:40 PM
apolloang putin should teach trump a lesson
09/04/2020 6:43 PM
Srijevan San Just one hour ago
Crude rose 2.++ 27.++
Brent rose 1.++ 34.++

Now nit even rise 1
Crude 25
Brent 33

Must be something bad about the big brothers meeting
09/04/2020 8:04 PM
RedEagle The current OPEC members are the following: Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia (the de facto leader), the United Arab Emirates and Venezuela.
09/04/2020 8:19 PM
tkl88 Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!

As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71%)‬
Brent => $33.86 ‪(+1.02) (+3.11%)‬
10/04/2020 12:32 AM
tkl88 Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts

Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.
10/04/2020 1:06 AM
Srijevan San Oil prices rose on Thursday ahead of a crunch meeting between the Opec group of producers and Russia that could pave the way for a global production deal to combat the rapid collapse in demand from the coronavirus pandemic.

Brent crude was 4.5 per cent higher at $34.36 a barrel by lunchtime in London, while West Texas Intermediate gained 7.6 per cent to just shy of $27 a barrel. But both benchmarks have lost half their value since the start of the year as the market wrestles with cratering demand and record oversupply amid a price war.

Traders have been betting for the past week that a deal to cut supply by up to 15m barrels a day could be reached, helping to drag crude off an 18-year low near $20 a barrel. But significant hurdles remain to such a global agreement, which would equate to roughly 15 per cent of global pre-crisis supplies.

Donald Trump, the US president, has put pressure on Russia and Opec’s largest member Saudi Arabia to forge a pact to cut 10-15m barrels a day of output. Both Riyadh and Moscow have insisted other countries, including the US, participate.

The US has indicated that its own production is likely to fall anyway due to the precipitous fall in prices, which has upended the global oil industry, with demand seen down by around a third globally due to virus shutdowns and flight bans.

But Russian officials have pushed back against what they see as the US and other countries like Canada dressing up natural production declines as mandated cuts, even as Moscow indicated it would be willing to reduce its own output by up to 15 per cent. The deal could hinge on every side accepting the others’ definition of what constitutes a supply cut.

Some traders believe that the likely outcome will therefore be a fudge. Helima Croft at RBC Capital Markets said she expected the “meetings will yield a broad framework agreement to curb output by a big headline number”, but that it would “likely be short on hard specifics such as duration, implementation timeline, and enforcement mechanisms.”

Energy ministers from the G20 group of the world's wealthiest countries are due to meet on Friday for the first time ever after the so-called Opec+ group convenes today. The International Energy Agency and Saudi Arabia — which holds the rotating presidency of the G20 — are pushing for action.

The price crash has put millions of jobs in the energy sector under threat and risks causing uncontrolled shutdowns of oilfields around the globe as storage capacity runs out. That could damage fields in the long term, analysts say.

The Kremlin on Thursday reiterated its stance that all major oil producers must take part in any reduction deal. “Our position is clear: Russia stands for joint co-ordinated actions in the interests of stabilising the global energy market,” said Dmitry Peskov, spokesman for Russian president Vladimir Putin.

Mr Peskov declined to answer a question regarding whether Mr Putin had held discussions with the leaders of other oil-producing countries outside of Opec, aside from Mr Trump.

Mr Trump has repeatedly stressed he believes “free markets” will force a deal as the collapse in demand means Saudi Arabia and Russia will find few buyers for their crude. Global storage threatens to be overwhelmed within weeks or at best months.

But Mr Trump has also held out the threat of tariffs on oil from Saudi Arabia and Russia, blaming them for starting a price war after they moved to raise production last month, despite falling demand.

Goldman Sachs warned this week that the hit to demand meant that a cut of 10m barrels a day “would not be sufficient” even though it would be by far the largest supply agreement in history.

Even deal agreed cut production but donknow trump (Donald Trump) really don know to cooperate make price decrease like hell as below by 4am local time.

Crude 23.40 (-1.69)
Brent 32.05 (-0.79)

RIP all
10/04/2020 4:27 AM
tkl88 Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22%) !
10/04/2020 4:29 AM
Srijevan San Oil prices rose on Thursday ahead of a crunch meeting between the Opec group of producers and Russia that could pave the way for a global production deal to combat the rapid collapse in demand from the coronavirus pandemic.

Brent crude was 4.5 per cent higher at $34.36 a barrel by lunchtime in London, while West Texas Intermediate gained 7.6 per cent to just shy of $27 a barrel. But both benchmarks have lost half their value since the start of the year as the market wrestles with cratering demand and record oversupply amid a price war.

Traders have been betting for the past week that a deal to cut supply by up to 15m barrels a day could be reached, helping to drag crude off an 18-year low near $20 a barrel. But significant hurdles remain to such a global agreement, which would equate to roughly 15 per cent of global pre-crisis supplies.

Donald Trump, the US president, has put pressure on Russia and Opec’s largest member Saudi Arabia to forge a pact to cut 10-15m barrels a day of output. Both Riyadh and Moscow have insisted other countries, including the US, participate.

The US has indicated that its own production is likely to fall anyway due to the precipitous fall in prices, which has upended the global oil industry, with demand seen down by around a third globally due to virus shutdowns and flight bans.

But Russian officials have pushed back against what they see as the US and other countries like Canada dressing up natural production declines as mandated cuts, even as Moscow indicated it would be willing to reduce its own output by up to 15 per cent. The deal could hinge on every side accepting the others’ definition of what constitutes a supply cut.

Some traders believe that the likely outcome will therefore be a fudge. Helima Croft at RBC Capital Markets said she expected the “meetings will yield a broad framework agreement to curb output by a big headline number”, but that it would “likely be short on hard specifics such as duration, implementation timeline, and enforcement mechanisms.”

Energy ministers from the G20 group of the world's wealthiest countries are due to meet on Friday for the first time ever after the so-called Opec+ group convenes today. The International Energy Agency and Saudi Arabia — which holds the rotating presidency of the G20 — are pushing for action.

The price crash has put millions of jobs in the energy sector under threat and risks causing uncontrolled shutdowns of oilfields around the globe as storage capacity runs out. That could damage fields in the long term, analysts say.

The Kremlin on Thursday reiterated its stance that all major oil producers must take part in any reduction deal. “Our position is clear: Russia stands for joint co-ordinated actions in the interests of stabilising the global energy market,” said Dmitry Peskov, spokesman for Russian president Vladimir Putin.

Mr Peskov declined to answer a question regarding whether Mr Putin had held discussions with the leaders of other oil-producing countries outside of Opec, aside from Mr Trump.

Mr Trump has repeatedly stressed he believes “free markets” will force a deal as the collapse in demand means Saudi Arabia and Russia will find few buyers for their crude. Global storage threatens to be overwhelmed within weeks or at best months.

But Mr Trump has also held out the threat of tariffs on oil from Saudi Arabia and Russia, blaming them for starting a price war after they moved to raise production last month, despite falling demand.

Goldman Sachs warned this week that the hit to demand meant that a cut of 10m barrels a day “would not be sufficient” even though it would be by far the largest supply agreement in history.

Even deal agreed cut production but dontknow trump (Donald Trump) really don know to cooperate make price decrease like hell as below by 4am local time.

Crude 23.40 (-1.69)
Brent 32.05 (-1.79)

RIP all
10/04/2020 4:30 AM
napnap Run as fast as u can market open...
10/04/2020 5:40 AM
napnap Bo zao si !
10/04/2020 5:42 AM

  52 people like this.
 
apple168 Hibiscus limit up tomorrow!
09/04/2020 10:43 PM
Besafe Yahoo oil going up
09/04/2020 10:43 PM
Miracles Production cuts can reach 20m barrel per day. Greater than expected! Limit up coming.
09/04/2020 10:44 PM
Miracles Have a good night everyone :)
09/04/2020 10:45 PM
bignate2019 Nice dream guys

Wti 27.89 (+2.80) +11.16%
Brent 35.95 (+3.11) +9.47%
09/04/2020 10:46 PM
Nepo 'Could reach 20 m barrels' are just prediction, not actual news..
09/04/2020 10:47 PM
astalavista Esok pecah langit mesti...tahniah orang yang beli
09/04/2020 10:49 PM
Jengacam Oil start dropping haha
09/04/2020 10:50 PM
char1234 toooo many ppl in this share ...retarding the spike
09/04/2020 10:50 PM
abc333 20M cuts sky is the limit. No idss , the only way to make money is UP.
09/04/2020 10:57 PM
Belisto Skrang Crude start to rebound and maybe sideway 27-28 ❤
09/04/2020 10:58 PM
LeeHoMah Nepo. Big cut is confirm but if can reach 20m is great. For “tomorrow” Big cut = price spike, huge cut = price spike spike. Now need to see the full outcome of the meeting,If they fighting and ego in the meeting then tomorrow limit down. But for short term still need to see how deep the demand spike goes to determine the short term price range.
09/04/2020 11:04 PM
AAAwell Dropping man!
09/04/2020 11:06 PM
Belisto Skrang Yes correct. Lee but what time is the meeting going to end?
09/04/2020 11:07 PM
foongchung cool down, cool down... still not yet any outcome from the opec meeting....
09/04/2020 11:07 PM
behyun https://www.reuters.com/article/us-global-oil-opec-debate/opec-to-debate-oil-cuts-as-big-as-20-million-bpd-sources-idUSKCN21R2EW
09/04/2020 11:08 PM
RedEagle 20million cut..Great deal..
09/04/2020 11:11 PM
foongchung what happen to the brent oil price, dropping back.
09/04/2020 11:15 PM
wsthong The news already reflected into the market earlier, even big cut also won't impact the price much, follow by low demand now due to pandemic, don't expect it will go higher so soon.
09/04/2020 11:15 PM
gemfinder Posted by gemfinder > Apr 9, 2020 11:13 PM | Report Abuse X

Oil gave up all the gains la.. sleeping ka
09/04/2020 11:16 PM
Legend The market is been manipulated.. we dont know the plan.
09/04/2020 11:18 PM
gemfinder Posted by gemfinder > Apr 9, 2020 11:13 PM | Report Abuse X

Oil gave up all the gains la.. sleeping ka
09/04/2020 11:18 PM
Gordon Weng M.T its Cut slowly.
09/04/2020 11:21 PM
David Gunter Dayang cut 5 barrels and Sapura cut 10 lol
09/04/2020 11:22 PM
LeeHoMah Belisto, idk wht time meeting end . Today’s oil meeting Maby will be very long. Maby they will have a break for tea and then continue . Huge cut involve too much country and Saudi and Russia will surely involve US in the cut. Bcos Russia and Saudi will not risk their market share and half of their production to be savior of oil price. So the outcome Maby will be US,Russia and Saudi big cut and other oil production nation small cut( total up equal to huge cut) , or it will end up nothing or useless cut and let the demand/supply determine the oil price.
09/04/2020 11:22 PM
Sneakpeek 15% cut only each.. cut not deep enough to make any difference
09/04/2020 11:25 PM
LeeHoMah 15% will still make diff. Diff is if not cut oil price may drop under 10 if got cut it can maintain above 10,20,30 depend on the cutting size
09/04/2020 11:37 PM
Godofgambler Any update news?
09/04/2020 11:54 PM
civiclution Tonight all staying awake for the latest OPEC news
09/04/2020 11:58 PM
Boneka "According to the Journal, Saudi Arabia has agreed to cut 4 million barrels a day from its production levels in April and Russia has agreed to cut 2 million barrels per day."

https://www.forbes.com/sites/sarahhansen/2020/04/09/report-saudi-arabia-and-russia-agree-on-oil-production-cuts-in-principle-prices-jump-2/#7d983dd4573b
09/04/2020 11:59 PM
Sneakpeek Saudi want to cut based on April baseline. if true then impact on total output after cut is negligible.
09/04/2020 11:59 PM
abc333 saudi cut 4M russia cut 2M. Others not decide yet. US millitary plan to withhdraw from saudi.
10/04/2020 12:01 AM
civiclution If that's the case, will our local petrol station will increase in fuel price or not?
10/04/2020 12:04 AM
Mabel Tomorrow I expect all O&G counters will explode...

Meow...
10/04/2020 12:04 AM
Godofgambler It doesnt make sense if they dont cut.
Covid19 low petrol consumption...
Why sell the crude oil if you can sell higher price in the future...... Stop the drill...
10/04/2020 12:11 AM
Sneakpeek it is about market share..bury US shale capture the market then raise the price.
10/04/2020 12:15 AM
tkl88 Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!

As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71%)‬
Brent => $33.86 ‪(+1.02) (+3.11%)‬
10/04/2020 12:17 AM
David Gunter Dayang cut 5 barrels and Sapura cut 10 lol
10/04/2020 12:28 AM
Sneakpeek Done deal 10mb cut.. oil price now react upward.
10/04/2020 12:33 AM
Depeche One more important G20 meeting tomorrow...that's why oil rally still coy now....hope Trump will be a good boy.
10/04/2020 12:33 AM
tkl88 Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts

Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.
10/04/2020 12:46 AM
Gordon Weng M.T Rest well all. Tomorrow another fight day.
10/04/2020 12:58 AM
LeeHoMah Small cut. Need to see how G20 meeting goes.
10/04/2020 1:05 AM
Godofgambler Small cut is better than no cut..
I would hold..
Crude oil price will go up eventually...
As long no more price price war...
Expect upward trend.
10/04/2020 1:13 AM
astalavista Seems bears are winning
10/04/2020 1:41 AM
JN88 small cut is only give face to themself, will drop to RM 0.3.....run before too late.....the rich man will not use their profit to support you...
10/04/2020 2:04 AM
EricChuaa oil is falling down..
10/04/2020 2:16 AM
tkl88 Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22%) !
10/04/2020 4:12 AM
Belisto Skrang The crude oil surge up to $28 but dropping back to $24 now despite the cut , i am confused
10/04/2020 4:24 AM
smallrainbow cz some others countries reject the global plan to cut oil production..
up down up down..make me nervous lol
10/04/2020 5:24 AM

  41 people like this.
 
JoshuaMS7 Any good news from shale? why WTI up +6% suddenly?
08/04/2020 8:12 AM
tkl88 Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91%)‬
08/04/2020 8:37 AM
analiser up to now is most investor parking only
08/04/2020 10:40 AM
maggiemee now or never
08/04/2020 11:12 AM
JoshuaMS7 buy buy buy!! Oil price keeps spike up now!!
08/04/2020 1:30 PM
tkl88 Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60%)‬
Brent => $32.88 ‪(+1.01) (+3.17%)‬
08/04/2020 1:36 PM
Cojack31 Price stuck 0.85cts. Too many seller.
08/04/2020 5:13 PM
stevie2k i think we just hold and relax guys,see the outcome of opec meeting later and decide what to do
08/04/2020 6:04 PM
JoshuaMS7 if deal failed, how far can it go? 0.035?
08/04/2020 7:42 PM
Talib better sell.. will back to 0.03 If can't reach a deal tomorrow.
08/04/2020 7:48 PM
JoshuaMS7 probably is failed because Trump cannot force shale cut production!! WTI seems back to 20!!
08/04/2020 8:40 PM
tkl88 Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054

ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.
08/04/2020 10:08 PM
tkl88 OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬
09/04/2020 3:27 AM
tkl88 ‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44%) !
09/04/2020 4:15 AM
tkl88 Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41%)‬
Brent => $33.‪54 (+1.67) (+5.24%)‬
09/04/2020 4:38 AM
tkl88 Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com
09/04/2020 5:12 AM
azta12 https://www.cnbc.com/2020/04/08/oil-markets-crude-output-opec-and-allies-meeting-in-focus.html
09/04/2020 8:57 AM
azta12 otw to clse the gap
09/04/2020 9:03 AM
azta12 add
09/04/2020 9:31 AM
analiser dont worry alam will go to 50c. end of this year
09/04/2020 9:42 AM
khaiyangt .085 is so hard to break..
09/04/2020 9:44 AM
analiser 0.85 and 0.9 is asbestos ceiling will break soon
09/04/2020 9:49 AM
Looiks hehehe......
09/04/2020 9:53 AM
Looiks hehehe.......lets see
09/04/2020 9:54 AM
super_newbie Saudi Arabia buys stakes worth $1 billion in European oil companies: WSJ
https://www.reuters.com/article/us-health-coronavirus-saudi-oil/saudi-arabia-buys-stakes-worth-1-billion-in-european-oil-companies-wsj-idUSKCN21R01W

That's why :))
09/04/2020 2:50 PM
JokerT going downtrend very very soon
09/04/2020 3:19 PM
Looiks hehehe......
09/04/2020 3:24 PM
Stone001 Sell it all
09/04/2020 3:26 PM
Looiks hehehe......
09/04/2020 3:30 PM
Stone001 @looiks what your opinion?
09/04/2020 3:33 PM
Looiks hehehe.....keep
09/04/2020 3:56 PM
azta12 currently, in asia mrkt .. crude oil +5.46% to 26.46 lvl, brent +3.09% to 33.85 lvl
09/04/2020 4:05 PM
Looiks hehehe......anytime will move fwd
09/04/2020 4:13 PM
Looiks hehehe.......saudi will broaden their market share
09/04/2020 4:15 PM
tkl88 Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)
09/04/2020 4:38 PM
Looiks hehehe.......
09/04/2020 4:56 PM
tkl88 OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02%)
Brent => $34.20 (+1.36) (+4.14%)
09/04/2020 5:56 PM
RedEagle The current OPEC members are the following: Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia (the de facto leader), the United Arab Emirates and Venezuela.
09/04/2020 8:18 PM
Twowah123 Good
09/04/2020 8:50 PM
maggiemee lari kuat kuat
09/04/2020 10:41 PM
cmloo Brent high @ 36.38
09/04/2020 10:56 PM
Mabel It's already on the news...

Both Russia and Saudi agree to cut 20 million barrel per day.

Oil Spike 12 %...

Tomorrow I expect all O&G counters will explode...

Meow....
09/04/2020 11:12 PM
up88up Meow, I can’t sleep
09/04/2020 11:16 PM
gemfinder Posted by gemfinder > Apr 9, 2020 11:13 PM | Report Abuse X

Oil gave up all the gains la.. sleeping ka
09/04/2020 11:17 PM
tkl88 Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!

As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71%)‬
Brent => $33.86 ‪(+1.02) (+3.11%)‬
10/04/2020 12:26 AM
tkl88 Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts
10/04/2020 12:55 AM
tkl88 Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.
10/04/2020 12:57 AM
Twowah123 Tmrw lets huat ah
10/04/2020 1:05 AM
tkl88 Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22%) !
10/04/2020 4:16 AM
JoshuaMS7 Oil crashed another -7.5% and 3.25% as at 5am! Run all!
10/04/2020 5:03 AM

  awkokbeng likes this.
 
LV1234 now 1.29 still worth to go in ??
19/11/2015 11:11 AM
investor77 Macd and stochastic bullish. Volume also increasing, showing signs of going up. Consistently giving dividends quarterly. Results should be good. Only wood share have not gone up yet !!
19/11/2015 5:19 PM
investor77 Can consider the pros and cons. Up to you, at this stage,more upside than downside. You can see volume building up, showing something.
19/11/2015 11:14 PM
LV1234 thank you !
20/11/2015 9:38 AM
investor77 Technical, forming a saucer bottom, which is bullish. Most furniture export shares PE more than 10. Now early stage to get in before syndicate push it up.
20/11/2015 12:22 PM
jazz0jazz0 support at 1.29-1.3 liao
20/11/2015 3:19 PM
jazz0jazz0 1.29-1.30 can buy
20/11/2015 3:20 PM
investor77 Hopefully good results will be out, then many may regret not buying a share with good fundamental.
22/11/2015 11:19 PM
Sebastian Power if good QR may get special DIV

Toay seem like good time to grab some as ppl panic selling
25/11/2015 10:50 AM
pro888 report released
25/11/2015 7:28 PM
CARI MAKAN QR not good right?
25/11/2015 8:34 PM
cmchin QoQ is increase 5%. As usual 1 cent interim dividend is declared.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=D&source=M&securityCode=7169
25/11/2015 9:42 PM
Sebastian Power I think this counter lots of loan and borrowing. Better look for some cash rich (POHUAT!
26/11/2015 10:07 AM
uncle before -noisy vs after -quiet
27/11/2015 11:33 AM
viagra any news?
22/12/2015 1:32 AM
Sam Chong any idea on this share?
06/01/2016 9:17 AM
BRAVOZULU buy now
06/01/2016 4:41 PM
07/01/2016 12:13 AM
wengtan Why suddenly shoot up for 2 days ? Any hidden story?
07/01/2016 1:56 PM
Daz Ng Main shareholder of the company already owned more than 50% of the company. Very hard to move unless he want to.....
08/01/2016 12:26 PM
viagra Telstar how u know? This counter to be honest is doing very good
13/01/2016 9:24 PM
Sam Chong loan too high, just execute 3 loans, any idea on that?
15/01/2016 9:56 AM
viagra Maybe got big project... No1 suddenly loan so much and do u think bank stupid to loan them? Must be some big project behind it
17/01/2016 8:11 PM
alfredchxx Ya viagra, big projects announce soon, recently warrant start to active, mother will move soon...
11/02/2016 4:50 PM
wings113 Quarter report very good, my relatives work inside, 20% growth qoq
11/02/2016 4:55 PM
Desa20201956 Tks for info....it attracts my attention....will investigate........looks good enough for me.
11/02/2016 5:02 PM
cmchin Desa20201956, has any investigation result??
13/02/2016 12:50 AM
Desa20201956 Not interested already
13/02/2016 1:20 AM
Desa20201956 Weak financials and too unpredictable
13/02/2016 1:21 AM
uncle "Today is cruel , tommorow is crueler, and the day after tommorow is beautiful "...................where were you now ???
11/03/2016 1:49 PM
erdie67 anyone buy this share ?
26/12/2016 7:27 AM
889puan Can accumulate as its nta is more than 1.40
19/02/2017 8:14 PM
minigiant Technical charts look attractive now...
21/05/2017 2:02 PM
Hitman http://www.bursamalaysia.com/market/listed-companies/company-announcements/5439069
25/05/2017 5:50 PM
myuptownboy a break through happen today..good news coming?
01/06/2017 10:45 AM
limweebeng the share price is going down
25/01/2018 3:34 PM
JessieCheong Overall results is good.

Revenue up, new market acquired and better margin product. unexpectedly, unlike others furniture counter. commendable results delivered.
01/06/2018 12:03 AM
tanflash1314 The cash flow looks like doesn't seems too good?
08/06/2018 11:09 PM
cricketlast Hi tanflash,

Not sure if it is still relevant for you (since you ask this for almost 2 months).

I should not be too worried on the issue of cash flow. Yes, you are right to indicate that the net cash flow for operation is - RM29mil (cash outflow) for FY2018. However, if you look at the reason for the net cash outflow it is mainly due to the company's decision to increase the inventory level (which is normal given the new Bukit Mentajam factory that just started operation back in 3Q18).

The trade receivable has also increase from RM135mil recorded in 4Q17 to RM177mil in 4Q18. But if you look at the FY2017 annual report, you will see that 85% of the trade receivables is categorise as "neither past due nor impaired". I would only start to worry if the trade receivables categorise under "past due for more than 30 days" increased substantially. As of 4Q17 that category only represent 4.4% of the total trade receivable value. We will need to see the breakdown for FY2018 when the annual report comes out.

Regards
27/07/2018 10:35 AM
rikki Dominan @ 1.32 breakout of 1.30 on 23/8/2018. Cheap furniture stock, FA, PE 7.7, NTA 1.57 & DY 5.34.
23/08/2018 1:02 PM
Lim Tek Wai Nice ! Start taking profit, thanks.
27/08/2018 10:43 AM
andr fundamental ok, but stagnant price movement.
27/08/2018 10:29 PM
tanflash1314 Hi @cricketlast , the FCF for Dominant for the past few years are really bad...all are negative.There are no cash coming in but only out... I accumulate this stocks since the price of 1.10... Not so much actually... But I am going to let it go tomorrow.... Not much room for the price to go up already.. the results seems fake without the cash flowing in eventhough the revenue & profit increasing.
25/09/2018 9:54 PM
cricketlast Hi Tanflash,

Very late reply. Apologize.

Good to hear that you are still making money even though you are not bullish in the stock. Your profit should be higher if you take into account the dividend paid by the company during your tenure.

I guess your concern on the cash flow relates directly to the receivables which has gone up from RM110mil in FY 14 to RM177mil in 1Q19.

I was also worried previously of this increasing receivables but was reassured by the trade receivables ageing as of Dec 2017. RM 115.4mil was classified under "neither past due or impaired" which represent 86% of the total net trade receivables value of RM135mil.

Hopefully you will be bullish back with the stock once they improve their cash flow.

Good luck with your other investments. The current market environment is a bit bearish for investors. In my opinion, it is better that we stick to those companies that are strong fundamentally but is trading at a cheap valuation.
14/11/2018 6:31 AM
djibaok whacked stock
25/02/2019 10:31 PM
shpg22 Dividend payout is unsustainable with deteriorating NP & FCF. As price at near record high, ripe time to take profit and run.
31/10/2019 2:56 PM
limweebeng No more high dividend stock
30/12/2019 6:59 PM
limweebeng bankrupt counter
06/04/2020 5:56 PM
dex Cheap buy
09/04/2020 7:10 PM
seng0326 this is good counter with high devidend. Suddenly got chance to enter with discounted price. why not!
10/04/2020 5:01 AM

  23 people like this.
 
tkl88 Wow, Oil price continue to spike up !
As at 7.13am,
Nymex => 24.63 ‪(+1.00) (+4.23%)‬
08/04/2020 7:17 AM
tkl88 Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91%)‬
08/04/2020 8:46 AM
Lucky88 Slowly drop now....wait for lower price.......
08/04/2020 9:22 AM
Cakes Moon Now is the collection timing, Friday will be shooting to the sky~
08/04/2020 9:27 AM
flyover2 Friday is the frying time, is it?
08/04/2020 10:16 AM
hairy SAPU....... Vc Netx Lambo TP 10 cent
08/04/2020 10:29 AM
prince4 WTI price below 50 USD will impact OIL GAS company fundamental will deteriorate make many oil and gas company future financial from profit turn to heavy losses .If the company with high debt will face collapse or bankruptcy in future.

Market money would not flow in oil and gas stock because everybody scare buy this trouble sector company they have huge debt will face collapse or bankruptcy in future .Expect local and foreign funds money would not flow in oil and gas stock because everybody scare buy losses money . so now no prospects cannot buy and hold oil and gas company.

High debt company cannot buy ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just buy LOW PRICES stock and CASH RICH COMPANY. This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheaper stocks ,market will GORENG lows price stock at BOTTOM.
08/04/2020 10:52 AM
Kopimilo In less than a year or faster, medium term profit will come back to serve any debt and into the black zone. Countries with less than million bpd crude oil production are not really significant to impact the global price, and they shouldn't be imposed with production cut. Instead major OPEC members and non-OPEC major oil producers greediness are highly significant in determine the crude oil prices, and should be subject to output cut regimes.
08/04/2020 11:22 AM
Kopimilo The crude oil price war now overshadow the global US Tariffs war on other countries, being made at worst amid the global Covid-19 pandemic that drving way below normal crude oil demands due to most global economic sectors are at halt.
08/04/2020 11:31 AM
Wayne722 Possible turn green?
08/04/2020 11:36 AM
Kopimilo Equity market related to oil sector in bleak prospect at least for the next 6 months before any breath of life, waterline just below the nose, could be expected, anyhow, long term investors, and hardcore characterised by their long term, is looking now as the buying at low, to keep profile in more than a year. For Velesto specifically, if 500 million shares were traded daily out of 8.612 billion shares, just around 6%, then wondering why the rest of 94% keep it, worth risk taking on bleak prospect?
08/04/2020 11:47 AM
tkl88 Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60%)‬
Brent => $32.88 ‪(+1.01) (+3.17%)‬
08/04/2020 1:35 PM
RedEagle Russia has about US$550bil stashed away in some of the biggest rainy-day funds in the world, but President Vladimir Putin’s support measures only account for about 2% of gross domestic product (GDP), according to ING Bank.

MOSCOW: As leaders around the globe compete with ever-bigger spending packages, the Kremlin is hoarding hundreds of billions of dollars in reserves, worried that oil prices will stay low for a long time.

Russia has about US$550bil stashed away in some of the biggest rainy-day funds in the world, but President Vladimir Putin’s support measures only account for about 2% of gross domestic product (GDP), according to ING Bank.

During the 2008-2009 global financial crisis, the country spent a tenth of GDP to counter the collapse but was able to rebuild its reserves within just a few years as crude rebounded. This time around the Kremlin is hunkering down for a prolonged period of low export revenues.

“Oil prices have fallen below a level anyone thought imaginable, ” said Alexandra Suslina, a budget specialist at the Economic Expert Group, a Moscow think-tank that advises the government. “They need to spend the reserves carefully because that’s all there is.”

The approach has caused outrage among business owners and lobby groups, who warn that insufficient stimulus could lead to mass unemployment, bankruptcies and a deep economic slump.

The central bank estimated that a government ruling for most Russians to work from home for the whole of April could knock 1.5% to 2% off growth this year, while the budget is being re-written to prepare for oil prices at US$20 a barrel.

“So far there are promises but no help, I don’t know even one businessman who received help and almost everyone has suffered, ” said Aleksandr Khurudzhi, head of the Business Protection Association in Moscow.

The government’s stimulus package, which will be partly funded by taxes on the rich, so far amounts to a 300 billion ruble (US$3.9bil) fund to support struggling firms, and some tax and mortgage breaks.

Before the crisis, the government was planning to boost spending this year, and officials have stressed that they won’t cut that.

Prime Minister Mikhail Mishustin said last week that the government has reserved 1.4 trillion rubles if needed, although it wasn’t clear what the money would be spent on and how much would come from existing budgets.

“There’s a lot of discussion about using the budget to give people handouts, but that’s just not right, ” Moscow Mayor Sergei Sobyanin said on state TV last week.

“The budgets will burst, they’re already struggling to cope with the strain on healthcare.”

Alexei Kudrin, a former finance minister called last week for the strict rules that limit spending from the US$165bil wealth fund, the liquid chunk of Russia’s reserves, to be altered to free up money.

He said a mechanism needed to be created to distribute support directly to people. Sergei Guriev, the former chief economist at the European Bank for Reconstruction and Development, said Russia should be spending around 10% of GDP. — Bloomberg
08/04/2020 2:52 PM
Cojack31 Price will drop again. 30% or more.. stanby bullect guys
08/04/2020 4:18 PM
Cojack31 Seller 17.5cts very high volume. So price cannot go up.
08/04/2020 4:45 PM
super_newbie Trumph need funds for his president campaign. He need to take care of his financial supply allies, he will at least agreed to cut production till the president campaign ends.
08/04/2020 5:29 PM
JoshuaMS7 if deal failed, how far can it go? 0.095?
08/04/2020 8:13 PM
tkl88 Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054
08/04/2020 10:10 PM
tkl88 ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.
08/04/2020 10:10 PM
tkl88 OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97 percent)
Brent => $33.33 ‪(+1.46) (+4.58 percent)
09/04/2020 3:41 AM
tkl88 ‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44%) !
09/04/2020 4:16 AM
tkl88 Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41%)‬
Brent => $33.‪54 (+1.67) (+5.24%)‬
09/04/2020 4:38 AM
tkl88 Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com
09/04/2020 5:05 AM
JJchan Epf dumped 93mil in 2 days----very obvious during the massive plunged, it is Epf that supported
price all the way to 0.09cents. Dumping at 0.160, Epf makes 77% ( If i got this type of Free money,
i will do better then Epf( in my Dream ) )
09/04/2020 9:21 AM
tkl88 Wow, Amazing !
Damn hot man Velesto today ! What happend?
Now Velesto already traded at 0.175 (+0.01) (+6.1 %)
Today Velesto probably can closed at 0.30 (+0.135) (+81.8%)
Keep it up Velesto !

Huat ah ! Heng ah ! Ong ah !
09/04/2020 9:32 AM
TEESH run. syndicate provoke.epf dumping.
09/04/2020 10:53 AM
hairy SAPU....... Vc Mlab Mtronic TP 10 cent
09/04/2020 11:29 AM
lancefire @teesh Oh i see syndicate provoking epf to dump. Anything else?
09/04/2020 11:51 AM
JoshuaMS7 yaya opec+ don't cut because of Trump? run run run!!
09/04/2020 11:51 AM
super_newbie Saudi Arabia buys stakes worth $1 billion in European oil companies: WSJ
https://www.reuters.com/article/us-health-coronavirus-saudi-oil/saudi-arabia-buys-stakes-worth-1-billion-in-european-oil-companies-wsj-idUSKCN21R01W

That's why :))
09/04/2020 2:50 PM
yingkang87 Buy lo if not too late, opec announce tonite!!
09/04/2020 3:00 PM
Wayne722 Hopefully close at 0.175
09/04/2020 3:56 PM
tkl88 Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)
09/04/2020 4:42 PM
Cojack31 Price peak already up based on sentiment. Will go down back . 10 to 20 % . Correction
09/04/2020 4:48 PM
tkl88 OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02%)
Brent => $34.20 (+1.36) (+4.14%)
09/04/2020 5:57 PM
RedEagle The current OPEC members are the following: Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia (the de facto leader), the United Arab Emirates and Venezuela.
09/04/2020 8:17 PM
Allantanks Wow. Oil price up so fast agreement done d?
09/04/2020 10:53 PM
Mabel It's already on the news...

Both Russia and Saudi agree to cut 20 million barrel per day.

Oil Spike 12 %...

Tomorrow I expect all O&G counters will explode...

Meow....
09/04/2020 11:12 PM
RedEagle 20million cut..Great deal..
09/04/2020 11:14 PM
super_newbie that's outdated news la, oil price drop back again :((
09/04/2020 11:20 PM
Legend get ready to see the biggest falls
09/04/2020 11:27 PM
super_newbie won't falls laa, Saudi and Russia already agreed to big cut, just that no like expected and only 2 months period.
09/04/2020 11:30 PM
Twowah123 Good. Tmrw huat ahh !!
09/04/2020 11:44 PM
tkl88 Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!

As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71%)‬
Brent => $33.86 ‪(+1.02) (+3.11%)‬
10/04/2020 12:19 AM
tkl88 Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts

Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.
10/04/2020 12:48 AM
Awang89 Tomorrow we will see...
10/04/2020 1:28 AM
mf Oil drops 9%, giving back early double-digit gain as traders await OPEC cut details
10/04/2020 3:34 AM
tkl88 Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22%) !
10/04/2020 4:15 AM
JoshuaMS7 Oil price crashed another -7.50% to 23 usd, why wti crashed so much after deal? Any idea?
10/04/2020 4:55 AM
JoshuaMS7 Brent crashed another - 2.80% to 31 usd after opec+ announced to cut production for 2 months! Why it drop?
10/04/2020 4:56 AM

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