going to close greeen today. It’s only 10am

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@fooksing cut loss???kasihan

at 0.295, you’re so confident to ride with the false tide created by the sharks. Now usee it

Skyu thats why i told you dont keep promoting the counter without knowing the fundamentals. Securing projects will not salvage Sap without cost optimisation thru restructuring especially on the wages

My boss won’t let you get below 0.50 easily

Let’s see. if you observe, when the oil drops, BA moves in opposite direction.

anyway, whatever you hold, just continue to hold if you believe the turn around is still possible but dont put in more money anymore to feed them.

Projects are meaningless if losses incurred. Cant even aervice the loans. 72million a year for 10 years contract as bonded to loan.

Believe me, if you see their structures, you willl know it will not turn around so easily and only will get burnt when they started to goreng and more and more ikan bilis will be roasted

too hard to turn around the company especially their drilling segment is killing. Bad decision by TS to buy Seadrill’s drilling segment. Mahathir son ran from company as he doesnt agree with all the risky investment made by TS. He started exiting SK merging eversince HL , his O&G partner and advisor passed away and moved to Yinson. He was largest shareholder of Yinson and had to exit Yinson when old man is in rift with ahjib gor

0.18 ill be in.....

How many projects secured dont matter if continue sufferng losses.

Dont blindly tap in despite current price does look attractive. RI soon as the company is running out of cash flow. So expect it will be goreng to the highest possible to have better RI price despite capping at Rm0.13 as minimum. It is a risky counter but the tide will be there

0.005 makes a difference. Can makan few rounds of lobsters.

Don’t think about upside this and december. Won’t be big jump.

Our big brother is smart, he knows the company is worthless. That’s why he would use his shares as pwn to get the loans. PNB went into this big pond to help. It wont be turned around so easily compared to Velesto. All his divisions heads’ salary alone is already a burden to the company.

Decision to purchase 50% LSE is to cater it’s marine division but it was dismissed 2 years ago. HUC contracts not secured and taken by its peer in Sarawak

EC segment is always profitable and since restructuring last year and even with so many projects delivered this year, EC recorded losses of 90M plus

No deduction can be done to TS becuase he stakes in his shares to secure loans. He knows this company is hopeless and with the current management which is poorer than prior restructuring.

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too bad my boss only allows me to reach tp 0.70.....

Already dropped 6c. My boss wanna collects more. Need another selldown to catapult to my next tp which is 0.60

the only thing that can kill BAB price is Kraken and Olembendo performances and cash calls...

by looking at the reports from the IBs, we could know BA will set sail far higher than their TP.
normally, we need to act against their calls but for BAB it is the other way round. Price will close higher than their TPs.... look at the cases from past few months.

dont be panick. hold on till tp 0.60 then dispose to buy back. any price that we throw now will result we need to buy back at higher. once upside news are out - claire compensation or redeployment contract and Karoon gas award then we could think to dispose if worrying about the possibility of cash call.

Didnt that i warned that don’t chase it. This Tan sets trap and promoters in forum blow it up more to trap more bilis. Property counters still unable to recover, apatah lagi conpany.

The quarter report beats expectation as they manage to sell more OSV. The operation cost is steadily decreasing

Not to forget also Christmas and New Year are near. Profit taking is absolute normal and in fact, to me it is positive for higher breakout. But i do not encourage to continue to chase high unless you havent sailang when it was below 0.50

If you observed pattern for a few years back, good quarters will not reflect on price jump and it will dip on the release day and the effect will be seen a week after. Same goes to when quarter 2 was released.

Jesus Christ mamacita

I don’t think the massive selldown is due to the Enquest reports as it was released late. Last massive selldown happened when the news on Thistle platform released in the morning and during evening, it was spread across the market. anyway, this counter is volatile despite all the positive upside

News released from Enquest an hour ago on great performance of Kraken in October, stimulating Enquest production to increase by 25% with 90% production efficiency. Tomorrow BA will set sail again on it’s maiden voyaje

https://www.proactiveinvestors.co.uk/companies/news/907531/enquest-highlights-strong-kraken-performance-as-production-rises-907531.html

I missed the sharp fall, when turned on screen, it is already at 0.515. Should be Epf disposing as they had been accumulating a lot.

All counters are full of sharks. That’s why it will goreng.

@mingoon dont try to bark la. You dispose and chase high at Alam. Smart meh?

16B floating shares and most shares are hold by sharks. Bilis only can eat up dumps that they wish to get rid off

without good fundamentals and clear visibility on its financial improvements, any daily rise will be a trap for those who keep on chasing. Just be patient to wait till good quarters. Else you’ll be stucked and start cheating ownself that better days will come. just sympathy those who buys because of those cheerleaders kissing TS arse to trap ikan bilis.

Rich men’s game. You can never beat them. This type of counter, got profit cabut. Who can really know the movement.

0.60 will jual first round to take back the profit before repurchase at lower.

I blum jual pun. Still holding la..

after 4th qr positive baru expect they could reach where they dropped drastically at 0.90

Cakap langpa meh, 75 - 1.00 but sold 57% liao. Jgn too syok and lure in innocent ikan bilis. Really sinful you know. Words and actions in opposing direction

it won’t dip much else can sell and buy back lower.
so better hold it till quarter to avoid averaging up.

the company is profitable in copper recycling business and the property segment has yet to provide positive income. more money needs to sustain its property development segment

@0.90, i could quit my current job and stay home for well-living at least 3 years

armada is set to sail on its maiden voyage again after grounded at port for a few days

only aiming for 0.70 or even can settle for 0.60

There’s show tomorrow for KNM newly secured contract announcement at 17.38. Rm21 mil.
Race with BA will be on tomorrow and Ak will not let it surpass BA