but next qtr maybe still in red, dont know what will be the impact if hve another big impairment

prev 1.2b loss price support at 18c

when its red, its time to buy and accumulate

bursa continue sluggish, the strong momentum dayang and perdana already break support

if not can buy others cheaper

waiting to re enter at 30c, maybe can get

when it was down to .145c, the 1st wave was .24 and the 2nd wave was to .28, if you manage to grab below .20 each time is down, you are lucky short trader

if this time it down back below .20, short trader have chance to gain another round when next good news is out

cash call at this price is worthless and not necessary because short term debt has refinance

if 6m+ will back to rm1

when qtr out with 4m+ earnings, together with ex date early june, it will jump up TP 70c

i bet quarter will be better than prev, so i buy back

its always a risk buying a high debt stock, if it drop to your limit, jst cut loss and move on

the future is rely on oil price... which i think will be fully supported by opec

as for the cash flow, significant improvement from prev years to 2018

2017 : almost -80m
2018 : almost +80m

keep until white knight official news come out, maybe can sell more than 12c

keeping cash to collect at bottom .22 if it comes

new ave at .29 but a bit sceptical on why ceo disposing big chunk on its shares

-ve perception
1-company cannot pay debt, cash call soon
2-next report still losing
3-ceo to step down

+ve perception
1-ceo to reduce stake due to new stakeholders
2-ceo to reduce stake due to m&a

i believe reach will be good bet based on the current oil price margin and the value of its asset, but they might need to do corporate exercise either by pp, cash call or debt refinance.

any outcome for above, cash call will be the most possible outcome but it will depress the price further down

next month sure will be above 60c for the div

new ave at .59 now

accumulate everytime its down .59, .58, .565

In most cases, selling is more than buying normally done to pare down their stakes.

If EPF actively buying and selling, thats not a good sign.

Since market is very volatile, short trader should be always alert whats happening around. Long trader whom hve holding power and +ve on the market and o&g recovery, no need to worry on the short to mid term fluctuation. You just need to monitor oil price, as long as oil price good, o&g can survive.

ONGC contract win is known in advance since the JV is the only bidder left.

IBs has taken that into account.

With market now depressed with another global issue, i dont think tomorrow will hve show. Even if hve in the open, it will not last long.

The crucial refinance news only last for 1/2 day then continue down.

very hard to earn money from last year to mid this year, have to wait next year maybe

champion of the worst stock market this year

if price drop further to .26 today, cl and move on

it will be tabled in coming AGM

ive just read last night but yet to absorb the details

this is legal gambling table, use lowest capital and earn as big as possible, if reach lower limit, cut loss and move on

in a serious note, calling for RI for less 10c stock is useless for small og player like barakah, even big bro sapnrg undersubscribed

as long as above 60 still ok, if below 60 then only cabut

collect today at .29, .28, queue .275 but didnt get

be patient, i predict coming qtr will be another 4+m earnings, will give signal to investor

but i agree ace mrkt is less attractive than main board

T+2 has become global std

top up again at .575

for coming quarter end this mth, i predict another impairment allocate for claire and oms, and earnings will be dragged bcoz of 2 SC vessel without job

if this happen, it will test the support price again

previous rpt, it stay at 18c even rpt out with 1.2b impairment

the bursa formula, 3 days up and 3 weeks down seems practical for short term trade

means, you buy within the 3 wks and you sell when it up for few days

then wait for it down again

thats why it traded at current price, if not would not be below 30c

you buy rm1 stock earn 5c only 5% gain, you buy .30 stock earn 5c already 17%, of course downside risk is similar with upside gain

sahul disposition reducing stake may have something going to happen, i decide to hold and accumulate

shpg22 i bought below 80c and still holding, it shoot to 1.30 after rakuten start covering and fund start to collect.

when co2 start contribute end this year, earning will improve and next is TP 1.60

im sitting on big profit now .. ha ha 100x

buy for the oil sentiment, if oil drop below 50usd for long period, move on

look at the cash flow

im more than happy bcoz writing in forum for sharing with the information you hve is time consuming

micsoh and leempeh if you think my comment is not worth to read, i can stop posting

https://oilprice.com/Energy/Energy-General/Oil-Prices-Rebound-As-Saudis-Reassure-Markets.html

seem like will not drop further

https://oilprice.com/Energy/Energy-General/Oil-Prices-Rebound-As-Saudis-Reassure-Markets.html

so have to wait thu though, dont forget to buy more then, you will not regret

if you hold multi millions of shares in one counter, i reckon you should have millions in others too

somehow, if we really a millionaire or have a millionaire friend, smart people will know when we/they say a thing, its really something that not similar to non-millionaires friend thing

so please read back your millionaires posting and see if you belong to which group of thing

dun worry so far those jump from the bridge still alive

ex ceo force selling cause price drop, accumulate more below 0.09

3/5 of my holdings all in o&g, if o&g koyak, have to jump penang bridge

earned 1st round then missed ride to 15 and bonus, now im coming back bought 12c

i accumulate at .575 and .58, tomorrow will collect again