i'm out of here, might be another force selling soon, protect whatever profit obtained from yesterday plunge

Thank you for commenting on that sir OTB. I really appreciate that

did you guy buy in any put warrant this morning :)

gosh, if i sell now, i could only get a few cups of starbuck

darn, approaching the buying price

CIMB research

if madagascar gang say buy, you do the opposite, most probably you won't lose money

must have bought some yesterday around 1.2 along with many others :)

no one peddling horror story on this counter anymore?

good morning tkp1, thank you for the information. I didn't have time to check on opensys until now. Too busy monitoring IFCA price movement until now. Are you still bullish on opensys?

still not back to 1.2, no point to cut loss yet

i am still holding on for the time being

sell into strength for people who are scared of the impending fitch downgrade or next week FOMC meeting which might spook wall street

today is the day of duit kopi, i hope, if not will cut loss

who or what is a grandpine?

i am sure a year or two is not enough to kill them off, but fed decision to increase rate could kill them off much faster.

oil going up just so that the cowboys can start pumping again, what do we expect to achieve at the end of all this. The only way to kill off the cowboys shale producer is for crude oil price to be depressed for a very long time, exceeding the financial capability of the cowboys to maintain the well.

Ha ha ha, joke of the day. Don't cook up some strange and weird story please my dear 1star

I have to be honest, i did make some stupid comment today on this counter. That being said, i do hope for some rebound for some decent duit kopi

This is quickly turning to a sad story. Please stop rubbing salt to their wound. A lot of people lose their life saving when they heed a call to buy between 1.5 and 1.8

Sojarisaskar, i am not saying glotec is bad company
i am trying to get some facts and decide from there, but i hate people who like to cook up story to trap people.

with all due respect, you don't have to explain to me about oil and gas. I make a living from it. Why should anyone invest without knowing some basic facts on a company. If you are gambling, then continue lohh. Please do not cook up story to trap innocent noob.

most companies in Malaysia make profit at usd 40 and above, mature field might have even higher opex due to the needs of artificial lift but this is not applicable for field acquired by SKP. That is in Malaysia due to almost all of our oil and gas reserves is offshore except for some onshore gas reserves in Sarawak. With Brent hovering at 70-80 USD/bb(Malaysian tapis crude is sold at a premium compared to brent) could definitely spark off some new exploration campaign and resume field development or re-development and enhanced oil recovery initiative which was put on hold when the global crude oil price crashes since last year.

you are right, it is perhaps wiser to take off some of the fund from the market, of course not all. Today is a good opportunity to sell into strength for a lot of counter.

ask to sell above 1.3, don't want, if you believe in the counter and the downtrend is just temporary. Why not sell and buy back again.

take a look at ifca

don't tell me it is the madagascar gang is the one recommended ifca? ha ha ha

hockhuat you are a very good samaritan. you exist just to make people aware of this counter

dead cat do bounce, i hope it bounce for some duit kopi

revise que to 1.22

taken out my que, pheww.....

what are you guys waiting for actually?
a) Are you hoping they have ten of trillions of CBM
b) Are you hoping for a syndicate to fry up this stock
c) Are you hoping for someone to cook up a story about glotec and its CBM reserves
d) b & c
e) All of the above

drop the scythe boys

according to this ,indonesia CBM reserves is twice of its natural gas reserves. It is estimated around 453 trillion scf while profit sharing is at 45%. Everything seems hunky dory here and seems like they have a very huge potential in CBM. Then again we don't know how much they (GLOTEC) have. CBM is easy to process and generally "sweet" and doesn't need much capex for drilling and completion.
10/06/2015 14:25

http://www.indonesia-investments.com/business/commodities/coalbed-methane/item269

thank you sifu sunkist, i learn a new word today.

what to do, people hold off from buying, remember 23 to 25.5 cents only

yes that is better, a range to buy in.

the same principle goes to cut loss as well, being cheap by half cents and see your loss mount to something much bigger.

Sunkist Wong, we can go on even to millions and ten of millions of unit, but my point is the percentage gain is good enough even at current price. Everyone can wait, but not necessarily you can get at the price you want. Many times in my investing and trading experience that if we being cheap even by half cents, that a boat is totally missed. A good strategy is nibble in a few portion, not just one go at one specific price

ha ha ha,OTB is Oi teik bee. For the records he mentioned 23 cents since QR is out. TP if i remember correctly it is from 32 to 37 cents. With a really high TP what is the difference between 23 cent and 25.5 cents just around 10% difference only. Unless the TP is just 27 to 30 cents, than yes you should wait for 23 cents. Maximize your gain is great, but who knows if it ever reached 23 cents.

don't drop your soap!!!

1.30 is broken then uptrend is over? That is a very strong opinion there. I better remove my que now. ha ha ha

dnn78, i don't deny it is a dead cat, but to be honest i really want to buy with some serious discount at around 1.20 region. I hope the dead cat bounce a little bit more than an inch. It is so hard to make money from the market now bro. Since it is a dead cat, i can't be putting to much money here either, it is just some money i can afford to lose. :)

they say dead cat do bounce

if they acquired less than 10 trillion scf of CBM, it is not even worth 1 cents, wait i never heard sumatera got that much conventional gas, don't think cbm in sumatera is a different case

wow, i waited so long and nobody knows how much cbm reserves was acquired (if any). Even with the CBM reserves figure, you still need to figure out the production rate, percentage of production sharing, with that you can roughly guess the maximum value for this counter.

it is a gambling stock from the get go, come on, no one here was born yesterday

O & G counter is not undervalued, that is how it is supposed to be right now with the depressed oil price. Those counter is still ok to invest, but will you wait for another few year for crude oil to make a comeback

syioksyiok, it is a gamble, put max 5% of fund only in this counter.