when impairment 1.2b still make profit 70m, now without impairment since last 2 qtrs with the improvement on kraken and oms segment, im still confident profit >80m

collect some at .52 ave still below .30

collect some son at .27

today lowest .51 end of the week .55, next week .60..
warrant buffet wannabe long time no appear

today oil break 63, highest in 2 mths.. buy and hold, dont short, uptrend momentum coming soon

tomorrow 18/nov, last yoy rpt out on 23, but this year 23 is on sat.... result may out this week by 22

fasten your seatbelt

@RJ, very true but it can go the other way round too.. so just be thankful if it goes the good way

paktua ammo very strong now with >10c profit at armada within short time

later will be hibscs turn, then alam turn.. all the best

brent moving towards 65, happy price for everyone, not too high and not too low, good for consumer and enough for og cmpny to make profit

20c dont buy until 30c, also not buy until 40c, also dont buy at 50c... then when 70c then regret why dont buy when 30, 40c and 50c..

son ave now at .37

another opportunity to accumulate at low before ecrl announce

current price is very attractive

whatever offer at .09 or below is a must buy because its the RCN conversion price

every conversion will dilute its price

this will be an opportunity to short trade when good news come and price up bcoz later if no support and conversion done, price will be drop again

so you have option to short and to hold if your ave below .10.

my strategy here 50% wait for good news for short trade and another 50% for next year gain

@itch, will not drop to below .90 for sure.. no point for fund to dispose... the best position is to hold or accumulate as it have strong FA and future growth..

market will rally this counter soon.. just wait

if want fast result, today sat can buy 4D, pm can know win or not.. lol

just hold and wait for take off.. i project will happen after qtr out

well done pak tua

My ave at alam is 0.093 now and im not losing a single cent.

RJ87, no point argue with you on my pick. Take it or leave it. Ive been trading for 10 yrs and know what im doing.

@RJ, i dont buy property stock even if traded at low pe and have huge land banks... im in construction sector and tell u land banks are worthless.. land only have value when have infra, buildings and most important people to buy and stay

o&g have been bad for 5 years and now only the 1st year of rebound.. if oil price stable, more upside will come

alam is my seed and seed needs time to grow.. of course it have -ve figures but thats explain why it cost .10

perdana also -ve figure with debt bigger than alam, why market buy perdana then?

True, we dont trade for salute lah.. we just wants money. If buy at .10 and sell for .15 x 1m shares, thats will be 50K profit..

it will come next year, just buy while its cheap and hold

you can choose which one you want to play based on your own study, trade style and capital... its your own call

as for alam, ive been writing a lot in the forum 1-2 months ago, you can read there

and when i believe its not kind of hope bcoz i have studied enough what im buying

same like buying hibscs below 95c / son below 28c.. hibiscs will rebound at it is fundamentally strong and been at low TA now

my o&g watchlist have 4 tier now

1st tier
>dayang, carimin, petra, uzma, perdana

2nd
>armada, knm, hibscs, velesto

3rd
>alam, sapnrg, reach

4th
> perisai, barakah, icon, sumatec

the 1st already reach high, lower upaide but higher downside risk

the 2nd is in uptrend/to rebound mode, higher upside and medium downside risk

the 3rd is going to rebound later (might be 20/21), smaller upside now, but low downside

the 4th is high risk

well, as i said, armada is my fruit and alam is my seed.

whether my seed will grow up and gives me fruit? of course it will do because my ave is 0.093 now and current price at .105.. already paper profit 5 figure bcoz i have 1m shares there..

and i believe my seed will grow to .18c,1H20 next year..

in a loss cmp, investor also can make money.. seems you need more experience in trade..

why dont go to perdana and shout there, bigger debt than alam, drop to below .20c and now .44c.. and guess what.. RI is coming ... this is example how a loss cmpny can gives you return.. must see the big picture..

PERDANA PETROLEUM BERHAD ("PPB" OR THE "COMPANY")

(I) RIGHTS ISSUE OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES;

(II) AMENDMENTS; AND

(III) PROVISION OF FINANCIAL ASSISTANCE PERDANA PETROLEUM BERHAD ("PPB" OR THE "COMPANY")

read AR for each stock you want to trade to have information abt the biz and its direction..

this is the 1st rule of my trading.. never buy a stock if you dont know whats the cmpny is doing

yes, agree.

if buy high still can play but must act fast when TA downtrend.. unless have strong capital and hold power, where time is not your enemy, then can ave down for certain limit

omg, is it the real ships? or the ship to ride on profit? im now confused .. he he

dont underestimate its potential.. in the long run sure win

even if coming qtr still post losses, it should be big improvement on yoy

revenue will increase >70m, thats huge diff compare yoy only 21m rev

loss yoy was 21m too and if alam can lower it to below -4m (probably -3m) it will be 700% improvement!!

armada now i can pick the fruit after 1 year planting, alam is my seed for next year harvest together with gbgaqrs

pls let me know what stock you can buy at .10c now and have potential to earn 50% next year?

im glad to hear your pick
____________________
RJ87 stay at Armada....core operating cash of Alam is dismal...
15/11/2019 10:52 AM

alam ship to sail next year 1H20 if you can wait.. same like armada, those sitting on big profit now been here for >1 yr

you must be new to sapnrg.. it become 16b shares is not a ride, its their hard earn money RI at 30c and still losing.

even shahril disposing big above 33c take profit and those hold still paper loss
____________________
yorkyork superpanda 16b shares. not us push or dump. we just ride only. hard work give them. we ezpz.
15/11/2019 10:23 AM

sapnrg not in my favor, 16b shares (RI undersubscribe, will be 25b suppose), eps not attractive

look out for alam maritim, very very cheap now and will turn profit next year.. 50-100% gain if reach my tp .18 1H20

less than 2 wks it happen
________________

Stock: [ARMADA]: BUMI ARMADA BHD
Nov 9, 2019 4:42 PM | Report Abuse

chill out, next 2 wks 50c will break

50c broken again 2nd time.. TA very nice

market just like that, many will buy on TA becoz there want to ride it fast, if play this strategy need to in and out at the correct time.. cannot wait until bomb explode, those buy at high will first die... see hengyuan, jaks, kesm, iqgroup and so on..

in volatile market, i prefer to buy low profile stock, but this strategy require patient and take longer time..

the low profile stock however must meet certain profile, it must be profitable, low in debt, have future growth and popular in the sector (have history of high vol)

must buy at safety margin, bottom fishing.. i can assure you will not losing money

my fair projection 90-100m

finger crossed profit >80m

i project brent will rally >65 once aramco ipo hits market

just wait coming qtr and you will see hibscs FA getting stronger.. by 1H next year, it might reach >1.50 based on eps 10c

this is not quite correct, in 2017 when all og drop to lowest, hibscs is the 1st to rebound from 40c to 90c

and its the only og with almost no debt

svc provider rally this year due to recovering in profit but still high in debt

and once those svc provider reach their fair value, fund and market will find back the fundamental stock

sapura will not fly soon, it take more time to recover and with 16b shares, eps not attractive

reach in kazakhstan has been proven difficult to earn big due to high cost and high tax, till now cpf no progress to boost revenue.. need to wait 2021 possibly
_________________
mitchu Carimin dayang deleum jaks penergy and uzma were well below hibiscus last few mths. Now they have overtook hibiscus by leaps n bound. Waiting for sapuraenergy n reach to overtake hibiscus which i think will happen pretty soon. Yet some ppl iin this forum is asking to just buy hibiscus.

still hold and believe more to come.. at least 30% gain by Q2 nex year. maybe more than that..

>40m target profit coming Q1 still not change.. less than 2 wks will know

@bclass, we never know what it would be 2 yrs to come, recession, war, etc.. and the debt still a risk

for now i only target for next 2 qtrs and from there see what would be coming

btw, i was at sapura forum when it was 1.80.. then all the way to below .40 before RI at .30.

how many shares sapura would have finally? 25b shares?? what would be its future profit/pe/eps then

those whom can be misleaded in forum, should not play stock

take the info and do research, then answer this question.. can alam turn to profit in 1HFY20?

@Tom, i have doubt too when it drop from 50c till 14c.. keep ave down till bleeding, but now back to 50c, my doubt has gone.

if talk abt pe/eps, for me armada is more attractive than yinson in term of profit growth

tell u the truth, i might hold till FY20/21... but plan to sell some for cash saving after this qtr out
______________
RJ87 Panda, what price u will let it run till?
14/11/2019 8:39 AM

FYI, i still not lose money here, my ave at 0.093