My Trading Adventure

Crashed : Oil and Gas

CP TEH
Publish date: Sat, 08 Dec 2018, 11:13 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.



Morning ... it is chilling cold here at Starbuck, while as I m here ... waiting for a person to meet. Most readers do not respond to my 'coffee-meet' call ... well, will have more sessions in 2019 , reaching out to readers and ex-members.

Meeting others to check how they are doing in such a difficult market. If you are STUCK and lost hugely in 2015 - 2018, you will not survive the coming crash. Nope ... you stocks prices would not go up by itself. In fact, those STUCK up there would stuck for some looong years to come

STUCK ... forever?

Yes ... stuck might be forever if one is in those losing money companies with potentially to be de-listed or going bankrupt. Those with huge debt ... check them out.

No one talk about Sumatec now, ya. Hmm ... cant know what would happen to THHeavy ... KNM ... and such.

But, most stuck up there in many O&G counters ... Velesto (ex-UMW), Armada and Sapnrg. These are popular stocks ... so popular that almost every retailers traded before. To be fair, Armada and Sapnrg (ex SKPetrol) were KLCI-linked.

Let us check their charts. Shall we? (as if you all don't know la ... pretend la)


Armada (PER -0.99 with NTA 81cents)  : closed at 16.5cents ... once a upon a time, flying high above RM2 ... today is BELOW 20cents.

In Aug 2014, Armada went thru a right-issues of 1 : 2 plus bonus-issue 1 :2. So, the prices is adjusted.


Sapnrg ( PER -0.81 with NTA 1.60) : closed at 35cents, hitting low at 31cents recently. Didn't really follow the right-issues of RM4bil ... craziness exploded. haha. SKPetrol ... married of Sapura and Kencana ... then Kencana split and opted out (Mukriz jumped out of BN, if u know what I m talking about).

Peaked at RM4.90 ... currently at RM0.345 ... what the heck ... talking about losing money, if you are holding from IPO level in many counters(especially the GLCs)


UMWOG ... I mean, Velesto (PER -1.78 and NTA 0.3289) closed at 22cents ... right-issue in Sep 2017, with 14 : 5 ratio.

By mentioning O&G ... we would see how much have been lost and thousands of retailers lost so much, investing into O&G companies ... well-promoted by media, tho.



KNM (PER - 2.16 with NTA 0.97) : a very popular counters back then ... it is like EVERYONE in markets without using brain would be in love with KNM. Heck, I still could not understand the bizarre-ness of the hypes. Blame it on MEDIA ... but that is what media is for, right? cooked up the hype!!

Note : The above with NEGATIVE PER but high-high NTA. Never only use PER or NTA for valuations of companies.

That is why those following KNM in forums WERE very excited with the stupidity of many. Haha ... drown in crowds, they stuck inside KNM, believing it will recover ... forgetting stocks are related to Business and Sectors.

So ... everyone needs to go through levels ... of lessons for being in markets. Learning parts are difficult and looong ... as we would be mid-lead by many in media ... printed or social.

I went through 10years of loooong hours , in daily basis. I seen almost all nonsense and nuisance being written in forums, in media ... and some ridiculous broker's reports. BIZARRE. haha ... the word of the day ...to explain the un-explainable stock-markets.

No one talk about HengYuan or PetronM single PER anymore, do they?

Or perhaps IQGroup and KESM being the best in the sector? How about MMSV?

No more talks about IWCity, Ekovest or Malton ar? Abandoned?

No more talk about O&G ??? Yes, got ... get a copy of The Edge today as they are asking a million-dollar question

HAS O&G sector bottomed out?

to keep in touch, add me in facebook where I would post some charts, articles there. And moving my personal facebook away (privatized. haha)

I have wanted to privatize this blog too ... and replace with tratles.net site ... but failed some 3-4 yrs ago. This blog would still be a place for me to hide publicly.

blog-link : https://cpteh.blogspot.com/ for updates as i3-linked not. And will always be here.  haha

facebook : https://web.facebook.com/cp.teh.9 ... and private ones would only for people I knew in person.

Haha. off

TEH
More articles on My Trading Adventure
Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
Be the first to like this. Showing 13 of 13 comments

Beary

Hahahahah...only ONE?

Could he be charlesT pulling your leg?

Most probably he wouldn't turn up lah.

And you will have to pay for your own coffee.

Hahahahahha.

2018-12-08 12:03

Goh Kim Hock

This sozai still thinks he is very good in stock trading and can rub shoulders with some of the sifus here.

2018-12-08 12:04

CharlesT

Omg....still got one???

Most likely superbest....true love

2018-12-08 12:06

yfchong

Crashed...

2018-12-08 12:39

kingcobra

chin peng

2018-12-08 14:39

warren buntut

see the subject sure know is rubbish teh every day also crash

2018-12-08 14:42

SuperBest

very informative, tqs

2018-12-08 16:15

993954847305139

O&G sector is highly manipulative market. US saudi and Russia play it. When everyone think can up, it went down; alternatively also true. Dont play is my word.

2018-12-08 16:48

pussycats

Maybe Cpteh made lots of money giving prediction water fall stocks tuitions???

Cpteh, pls tell us early for only one stock which will water fall next???

2018-12-08 17:34

MoneyAndHoney

LOL. Why is this article only writing about the worst performing O&G stocks.

2018-12-08 23:51

TakeProfits

Hehee...all SC....don't know what to say....LOL...all are sifus...hahaa...

2018-12-09 04:05

Koon Bee

A pisang goreng apek that live in his own world

2018-12-09 07:41

PotentialGhost

When those technology stock price stay at peak why you no appear ?, I already earn more than 60% fROM those technology stock , so now when weak I will consider to purchase . You this sxhai if talk about your mom pxssy we more interesting

2018-12-09 10:07

Post a Comment