Thank you for reposting. Currently all my Oil & Gas Counters are showing losses. Plus Kulim also which is the Latest. Also I bought some Scomi at 22 cents. I expect a rebound for Oil & Gas Counters as Summer months proceed. After that El Nino will help boost Palm Oil Prices & Indirectly Lift up Crude Oil Prices, too.
Only thing is time. Time will eventually unlock deep value.
Last time nobody wanted Focal Aims land at rm5 psf. Now people are paying rm45 psf to Ecoworld for the same lands.
chanky50FACB has Rm148 million cash and zero borrowing. No. of share is 85 million. Cash per share is Rm 1.74 without considering its other properties/manufacturing plants. Last Friday it is selling at Rm 1.10 and nobody wanted to take. Why ?
AzuanVisionHi Calvintaneng, Thanks for the note! BTW, oil peak is almost over and should be down from July, as high chances that Iran sanction will be lifted with Vienna talk underway, Iran oil will flood the market soon.
Also today Greece action pull down all market beside Malaysia has Fitch Rating has 50% chance of downgrade with MYR to fall further. Not good sign to stay in the market now as foreign investor fleeing out from market.
Ryan. Ngcalvintaneng sparks my interest on the kbunai, and m really considering to cash in on that, but wondering the boss dr. chen seems like pretty much focus on his cambodia venture, so have a feeling he might not devote all his energy to kbunai..and also the company just keep making losses. can expert clear my concern. Thanks,