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 STOCK MARKET DISCUSSION V148, Shale Oil! Bear or bull?

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cherroy
post Jan 23 2015, 02:51 PM

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TNB is now the biggest cap company in KLSE.
Pre-tax profit for 3 months 2.6 bil.


cherroy
post Feb 4 2015, 08:01 AM

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QUOTE(sub_noob @ Feb 4 2015, 02:20 AM)
Oil up so much from friday. O&G will rally soon?
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Should be playing catch up, but overall market may be capped due to potential downgrading on Malaysia sovereign bond.

http://www.cnbc.com/id/102391085
QUOTE
More bad news for Malaysia: Downgrade looms

cherroy
post Feb 4 2015, 10:22 AM

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QUOTE(sub_noob @ Feb 4 2015, 09:37 AM)
Too bad but i think oil price go up only temporary. WTI started to show sign of weakness again.
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With many oil company cutting capex, oil price even though might show weakness, there is a limit how low it can go now.

I guess oil already found its bottom at the region of 40~50. It might not back straight up to 70~80, but a range bound in oil price actually benefit to all parties.
cherroy
post Feb 6 2015, 08:08 AM

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QUOTE(nujikabane @ Feb 5 2015, 06:47 PM)
What will happened to warrants if the mothershare is suspended, and planned to be taken private?
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It depended on what kind of warrant.

Ordinary warrant issued by the company - the party intended to take it private, need to offer the warrant holder accordingly.

Call/put warrant - cash settled based on the clause set initially.
cherroy
post Feb 6 2015, 10:04 AM

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QUOTE(nujikabane @ Feb 6 2015, 09:44 AM)
^ Thanks for the explanation.

I understood about the ordinary warrants. But for call/put warrants, does it mean that the company will pay the amount based on the target price?
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There is formula/clause set when the cut warrant being issued time to deal with this kind of situation.
Generally, the cash settlement won't be too far from it.

It is the investment bank that issued the call warrant pay on the cash settled, and unrelated to to party privatise the company or the company itself.
cherroy
post Mar 5 2015, 09:49 AM

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What happened on SKPetro? big volume sell off.

cherroy
post Mar 5 2015, 09:52 AM

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QUOTE(SKY 1809 @ Mar 5 2015, 09:50 AM)
CEO resigns..lor
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Huh?

Months ago Armada CEO suddenly resign, now SKPetro?

What's cooking in o&g stocks?
cherroy
post Mar 5 2015, 11:25 AM

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QUOTE(SKY 1809 @ Mar 5 2015, 10:56 AM)
That is why I say CI is mildly down...all have very good n valid reasons biggrin.gif
*

Frankly speaking, with many company poor Q result, the CI should go down a lower level that matching their result.
But strangely, the CI still hovering near at all time high, despite many poor Q result.
cherroy
post Mar 17 2015, 04:29 PM

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QUOTE(Madbull @ Mar 17 2015, 03:54 PM)
Icapital report on KLCI has long term negative outlook..range 900 point to 1200..  rclxub.gif
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Wow, does he short the market futures?
Interested to know... whistling.gif


cherroy
post Apr 9 2015, 02:55 PM

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QUOTE(hehe86 @ Apr 9 2015, 10:36 AM)
Wa straight away 1.7k points..... Panic buy already

edit: heh, dropped 1.2k back. I never see this kind of volatility before.... Is it similar back just before crisis?
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Similar during crisis time, big volatile move on both way. tongue.gif
cherroy
post Apr 9 2015, 03:33 PM

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QUOTE(SKY 1809 @ Apr 9 2015, 03:06 PM)
I Cap followers may do panic buys cos the boss said 800 pts coming  biggrin.gif

Now they have zero stocks  hmm.gif
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or typo error or missing letter that should be 1800? laugh.gif
cherroy
post Apr 9 2015, 03:52 PM

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QUOTE(SKY 1809 @ Apr 9 2015, 03:36 PM)
Japan is 15 years high,,China is 7 years high..Malaysia is only 1Malaysia high  biggrin.gif
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Other only 15 years high, 7 years high while KLCI all time high at 1850 level, don't play play. whistling.gif
cherroy
post Apr 9 2015, 03:54 PM

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QUOTE(Bonescythe @ Apr 9 2015, 03:31 PM)
all the prop counter will be in spot light for the time being...

most of the prop counter had been pushing the construction and development, and claim progressive from bank as fast as they can to reduce the exposure to the 6% GST as much as they can

so 1Q result that will be announced in end of April to May will probably see a overall stronger revenue all across the property segments..

this is the news i got from my chilly sos.

those with a lot of on-going projects will see a good impact lo.

those with no construction one.. just started launching. then better jangan lo
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Commercial properties may be one feel the GST impact mostly.

Last time no sales tax, no service tax, now got GST imposed on the purchase price.
Imagine an individual interested in buying a shop lot that priced at 800k, need to pay 48K GST, as compared none previously.

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