many made mistake enter too early in o&g in early 2018 plus trade concern.. made people lost money

the way i see it, 2H19 is actually the right time to buy this sector and keep it till end of year for short term and next year for mid term

i have velesto, reach, alam and armada in my holdings where these stocks now are trade at a very reasonable cheap price

if o&g market remain resilient till 2020, the investment made now will become big return (in case no recession whatsoever)

Ron90, once new contract win announce, i project .33 will hit, then will move forward

you can see now it try to break .31, very soon to happen

Everyday queue buy .09 ~ .095 as i think it very safe margin to enter

Mabel, my plan to have at least 0.5m shares here, i hold 300k now collected between .095 - .010

If i can get more fund, will hold 1m for sure

the other problem need to settle is the ability of operation to produce >3k bbl

i dont think it will below than 0.15, if have i will sapu as much as i can and keep it until CPF completed by end year

but before CPF can success must settle capex and debt first

if see profit no prob to sell, if want to hold also no issue, depends your target

different stock might different way, its your money, your choice, market not a straight line, play on your own game

i rather sell quietly if i wanted to, later some will shout at me.. he he

high pe tech also shoot up.. of course some are goreng

i said queue .64 when it was .62, but you see past few days most tech chart very good

from lowest .52 all the way to .65, eforce 50% up yday

this is .20c stock, 2c earn can be a 4 figure profit, 5c can be 5 figure

patience is virtue

i foresee more disposal will happen, lets see ma14days first

even pn17 like utusan, sumatec, londonbis can up, so do reach

aseng dont play golf, musang play ahmoi, dragon now missing (wife lock him up maybe), so only me and you..

paktua old timer better than me.. when want to play golf together lah?

but as long as RCN been converted from time to time, you will see hard to climb and stay upside, so be patience

im accumulating this stock and stand for long position here.. probably till end 2020..

i have confidence alam can continue win contract and it start to post 3 consecutive profit next year

like the idea 4.50, that would happen if armada can reduce its gearing below 1 and record earnings >100m like old days

as for me, i havent seen it break .30 for very long time, hope to see it soon

dont shout my name.. if im quiet means everything is fine.. now drink coffee and think how far krono can go

my projection... in case MIEH still want Reach to settle the debt and reach cannot serve, m&a might take place where reach can dispose half of its ownership to another party.. this what done by sapnrg on its drill segment

it cannot run from corporate exercise due to its insufficient fund for capex and debt payment so m&a is the best option

for half of its asset, will be worth >300m based on its book value

is this happen, that would be big good news on top of license extension and CPF development

wanna see if .15 really can touch

disposal cool down today, keeping up with the vol and waiting the right time to top up

Keep holding and accumulate if drop below .30

EPF FM knew velesto have high chance to secure another jack up rig contract this year..

Once news out, .33 resistance will break

and if that continue sustain until 2020/21, what would it be? common people would able to answer

what would be the price?

imagine if next 2 qtrs remain profitable together with sustain oil market

another day of high vol with downside.. once drop to 0.165, next is .15 ..

anywhere, i accept the fact that he didnt know the situation, hope next time be more mindful

btw, let see if .64 can break or not this week and together make profit

dragon, here 1st timelah, never fak here before mah.. no prob fighting views but dont use family relate name, thats too much.. esp for those whom already lost them

next qtr mostly will be in loss too.. those still holding only can hope it will find way to become profitable... and that might take sometimes

its a disposal from main shareholder through another door, so it would not appear as main shareholder disposal

when the refinance news out, armada moved 30% in a day trade but when analyst figure out details of refinance, it drops the next day onwards and later back to .18

analyst realised that the refinance just a temporary solution for armada to avoid default, its an achievement but at higher expense (for sure bank wants more money out of unsettle amount of default loan)

even when armada back to green last qtr, the appetite still low and epf continue cut stake, that should tell something

thats why in my opinion, it would take more time for armada to rally again which i expect can be materialised by better rev and profit rest of FY19

raider bro, ive been reading pearlwhite comment since the price was at .70

you cant deny her facts and the things she has expected from .70 to .15

yours view by the way still has points but lack of substance..

it remembers me old hengyuan days

id prefer armada than sapnrg as sapnrg shares to be 25b soon and it has sold 50% of its income generator drill segment

Been here for few years and this is the 1st time i fak people in this forum... congrats ! now u deserve 1

my father has passed away in 2005..

Fak you Aseng, as i said earlier, you can comment on trade matter but pls dont bring up personal attack

Your mom didnt teach you manners isnt?

its a dilution of price due to RCN conversion at 0.09, so can park queue buy at 0.09

will not be below than 0.09, if below then RCN holders will losing money, it will be done slowly so market can absorb it

esos price at 0.105 so in order for staff to make money out of esos, market price should be higher.. mgmt should hve reason why esos is at 0.105

when a stock been disposed bit by bit to another lowest consecutively, thats might lead to something bad

one example, mieco from 1.20 till .23 and now in default and might become pn17

cannot pay debt and might be in default soon, ceo disposal and might be insider dump through 3rd party nominees

today another huge vol with bottom at .17, another lowest and seems will continue on

its always a high risk investment in any highly debt company in uncertain market condition

in high risk investment, either you win big or lose big

thats why i suggest not to all in and manage your capital wisely and always keep cash aside for bad times

pearlwhite has a point on the debt vs profit, you cant the deny some of the facts she brought up

thats why its very important to note the recovery for o&g company like armada is all depends on oil market

if oil market continue in slump anytime from now towards next year, then most o&g not only in msia but across the globe will be dead

this stock only can buy and keep bcoz the rest of year might still in loss.. if it move up drastically then its a bonus

somehow it did hit .09 but cant get it, so bought 0.095

this edm business will grow big till 2025, now still 2019, why so early leave..

if you all sell .62 then how to reach .64.... if still want to sell, just sell quietly lah, no need to tell the whole world.. he he..

dragon, yeah.. pls bring in .64.. im small trader, earn peanut also can, most important never lose money

pls believe what i say... he he

i dont mind your comment on trading matter, but when degrading others, you should avoid that..

then only can gain more friends

EPF needs to absorb PNB shares, otherwise it cannot go further up

If new contract win out, and PNB stop dispose then buy back, thats what awaits holders