Gov GLC, if good profit then need to support govt initiatives.

Not much difference

I don't own a bazooka... just a water pistol which only has one shot ... so when I shoot... I need to make sure I can't miss.

TA sifu Boon, water pistol when shot, can hit 1 pay 10, dont think MBB and TNB are sexy for him

been waiting almost 2 hrs, no RSS to be seen!
kossan vol usually low, like harta, and unlike the others.

lately, vol grew a lot.

as of yesterday, shorts still incr but the bulls overcame, i think.

today, likely same but no RSS action observed yet.

i bought some yesterday when RSS pushed it down to lowest 3.97, just took profit.

now, i wait for the shorties.

can only know when they come!

kossan shorts at 1.16%, plenty of room if they wanna do.

note kossan did some SBB recently at 5.09-3.92.
https://www.bursamalaysia.com/market_inform...nt?company=7153

Then multiple by 23x lo

If you like 30x...also can what.

50x also can.
I draw picture... do your own colouring lo

Everyone enter their trade using TA

Then when the price drops

Everyone hold or didn’t cut loss because of FA

well thats when ppl use PE, NTA etc etc to value it....

What i cannot accept is that ppl are not using 2021 earning as basis, but using 2022 as basis....

Its like today i own a company sdn bhd that earn RM 10mil per year on 2021@ worth RM 10 per shares, but foresee the earning will become RM 2 mil in 2022, then ppl ask telling me that they'll buy my company today at 2022 price @ RM 2 per shares......wth? Then i might as well earn the RM 10 mil 1st untill year 2021 then next year only sell?

Of course stock market doesnt work that way. That why probably i cant be an wise investor in stock market after all   

we only got one listed upstream ....hibiscus .....others mostly middlestream

Petronas also upstream but not listed

First would benefit upstream as oil got price then petronas only can issue contract to middlestream .....then they only slowly benefit from it

actually is alot more complicated. In upstream we have Operator which is oil producing company like Hibiscus, Petronas, shell etc. Then we have service company is like Velesto those, velesto doesnt producing oil, they provide korek oil service. Then we have Dayang, Serba dinamik, petra etc which provide maintenance, vessel leasing services. Also upstream we have EPCIC contractor doing fabrication of topsides and FPSO like MMHE which is under MISC.

then we have midstream, which is providing oil storage, processing or transportation service. Dialog is the more prominent midstream company but they also have upstream and downstream i think? Probably bumi armada also falls under here which FPSO can be considered part of midstream.

Downstream is more to refinery, we have like Petronas also in downstream business because they have refinery, shell malaysia only sell gasoline refined by Hengyuan, but shell also in downstream business like SMDS and lubricant. Hengyuan and Petron is same both pure downstream.

I believe upstream is favorable when oil price go up. Midstream up down also untung. Downstream when oil price drop they should be happy because lower cost. correct me if im wrong.

Well.... as of currently ... it broke out of it's trend line rather convincingly ...  as witnessed by the strong price/volume surge.

at such rate... it's very possible that it could recover back some lost real estate...

haha this stock legend ...super diluted

but every 1 cent it up 10% increase in gainers %

Yes... but this one .... cannot understand the cash flow.... 

Last I remembered .... when I glanced thru ....the money in their bank doesn't quite reflect their mega profits they earn....

profits ....

it's one of those stuff....
where the things we see ... but yet we don't/can't get a full grasp of what's happening...

I really dunno .......plus I haven't read their QR reports for a some time already ... maybe since 2018?

Yinson..

if not mistaken their profits were poured into renewable energy sector..

scuttlebutt.. do not take my words blindly..