Possible new project to be announced in Tanzania?

You will notice that the Chinese Director (Deputy MD) has been accumulating DSonic shares. He just bought 2 millions on 24/8. Every time he will buy on dips to support the company. Over the last few months, he bought more than 20 million over shares. He has high confidence on his company.

not so fast lah, slow and steady.

Foreign funds continue to flow in, retail investors become active again. Many sleeping volcanos will erupt again.

0.40 near historical low, downside is risk limited. Have monitored this counter since 2009. O&G industry need long time to recover but KNM is actively involves in the PETRONAS RAPID project. It also diversifying into other areas like green energy. Mid term target 0.70, my humble view.

Dsonic directors continue to accumulate shares

$1.80 target is reachable within this year. Year end bonus on the way

Q2 result around 30 August

Harga minyak tak kan naik hingga 60, sekurang-kurangnya untuk 12 bulan akan datang

CIMB maintained its target at 4.14. 3.30-3.50 look very possible.