Your OirCorp okie or not ?

I guees for time being lets layoff awhile since local bourse oso seem directionless, mix pattern.

This post has been edited by mazda626: Aug 28 2009, 01:15 AM

Yup agree, the current game is patience. Once it bounce, then strike when the iron still hot leh. Look at point to ponder below. So my hunch sd expect decline trend after Merdeka, Oct & Sept. Nov will rise again but not sure how strong.

Point to ponder : KLSE trend

1. It also noted that foreign funds were net sellers of local stocks in July (in Malaysia), but were buyers in Hong Kong, Singapore, Indonesia and Thailand. CIMB Research.

2. We’re expensive and our growth prospects are not as attractive as other regional markets,” said OSK Research.

3. MIDF Research said the Malaysian market had never been a beneficiary of foreign funds due to the “age-old” reasons of low liquidity and “lack of world-class companies”.

4. Total volume trading oso decline 2nd lowest level since Mac09.

This post has been edited by mazda626: Aug 29 2009, 01:26 AM


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.........."The newly introduced RON 95 fuel is now priced at RM1.80 - five sen higher than the previous RM1.75. The price is now 5 sen higher, the Government is still subsidising 33.81 sen per litre (of RON 95) which is equivalent to RM304mil monthly. Currently, the Government is subsidising RON 97 by 42.72 sen per litre. The cost for RON 95 went up 102% from USD$ 40.75 per barrel to USD$ 82.30 in December last year and August respectively...."


http://www.bursamalaysia.com/website/bm/li...e/eResearch.jsp





Company Date Posted Title Research House Type Recommendation Trade


SAAG CONSOLIDATED (M) BHD 31 Aug 2009 5:39PM Lift to Sell (from Strong Sell). Standard and Poors Results Report {Sell}

SAAG CONSOLIDATED (M) BHD 28 Aug 2009 10:50AM 2Q FY09: Below Expectations SJ Securities Sdn Bhd Results Report (Hold)





This post has been edited by mazda626: Sep 1 2009, 01:20 AM

Mine 0.260 pun kena.

Waiting 0.180 - 0.200 maybe, then reload somemore.

This post has been edited by mazda626: Sep 2 2009, 01:00 AM


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It might a cycle of century ha ha ha ha ....lame stocks

Already 2 x testing down at 0.245 (13th July & 3rd Sept....)

This post has been edited by mazda626: Sep 8 2009, 12:14 AM

Standby the bullets tomolo.....it might goes up or side ways......will see tomolo for duit raya...

HIGHLIGHTS

One in Three Cigarette Packs in Malaysia Illegal
Hunza Issues Stop-work Order to Contractor a Week After Appointment
Hai-O Marketing To Grow Revenue By 10% By 2010
Megat Zaharuddin Returns to Maybank as Chairman
Malaysia Drops Three Notches to 24th Place
Firm Eyes Stake in Foreign WiMAX Licensee
Can-One Gets SC Nod to Buy Kian Joo Stake
YTL Power Gets S$1bn Financing


ECONOMIC HIGHLIGHTS

China: August Car Sales Jump 90% on Stimulus Measures
Japan: Current-Account Surplus Narrows on Export Slide
US: Consumer Credit Falls by a Record US$21.6bn
Global: Russia Oil Exports Surpasses Saudi
Global: Oil Rises Above US$71 as Dollar Tumbles

Street rumours (from Labuan offshore) SAAG is one of the expensive contractor compare to Halliburton and some other competitors. So it is logic if no one willing to give additional jobs to them recently. Based on this rumours that SAAG is only like ordinary rig contractors so Primary Oil Operators still have an option either to choose them or other local contractors and foreign contractors.

This post has been edited by mazda626: Sep 10 2009, 12:16 PM

i guess the bull in the KLSE CI and the bear sitting on SAAG....resting.

No big opportunies 4 time being in m'sia in oil & new work for them. cost getting higher 2. that y mayb they dump & pick for small profit...

This post has been edited by mazda626: Sep 13 2009, 03:43 AM

Point to ponder ;

Stock markets are characterised by bursts of price volatility.
Price changes are less volatile in bull markets and more volatile in bear markets.
Price change correlations are stronger with higher volatility, and their auto-correlations die out quickly.
Almost all real data have more extreme events than suspected.
Volatility correlations decay slowly.
Trading volumes have memory the same way that volatilities do.
Past price changes are negatively correlated with future volatilities.

Up 1 sen vs CI up 4.48 points.

Another crazy counter.....up 0.001 only but down alot shet....better put monies into PN17 counters still can make money....

On what basis ? Explaination plz....

the magic of oil are over, this guy oso like oilcrap down to the longkang plus his pn17 status. what a businezz ?

SAAG not PN17, sorry....not for time being he he he don't panic

I am refering to other counterpart "Oilcorp".....

How KLSE & SAAG behave tomolo ?

Patience always pay good dividend later...

it might goes down to 0.18/0.15 ..... is the ceo sleeping or wat ? seems they can't secured new work....

dumpin in profit or loss bro...?