Wow now that is really rude. Gray if u dont like desa just ignore him why bring his wife into the picture with such comments? Come on man. We are all civilised ppl not some animal from the jungle

Desa your wife is very smart n sounds like an ultimate buy n hold strategy. I wpuld say theres an oil crisis in malaysia now. Contrarian will buy into oil n gas now but of course like cfa charterholders would say always diversify...

Always take any forecasts with a pinch of salt...

Some of the directors sold is due to the public shareholding criterion. Look for their announcement in bursa. Plus main shareholder not selling yet. And they own I believe up to 75% of jcy shares

I think dialog has a shared refinery in rapid pengerang...dunno share with who. And dunno refine what chemical

Where oil prices go..its really hard to say lo. Tts why Warren Buffet also cepat buy a cheap asset refinery first.

Upstream downstream doesn't really matter for us unless u have an army of analysts at your side. Simple ppl like us try to look for opportunities n must grab it if it's there. Again buy at your own risk.

If u Dun even have the stomach to see your simple cash of 1000 lose half it's value..u just dun have the nerves of step to succeed. Then just dun buy n invest in properties n not shares

This up n down movements in oil is called noise. Unless u are an oil trader/ currency trader u will be very concerned. That is also if u short or long in very huge amounts for a short period of time..less than a day. This is your typical traders. Thriving on volatility.

I believe oil is also grossly oversold but this does not mean it will go up soon. Prices can be depressed due to sentiment factors or psychological factors..so it's just hard to tell!

Now is there's time to follow the true saying of buy low sell high.

I believe oil n gas sectors are depressed like hell now. So try to get one with good prospects n less debt. Now u may still see the prices still go lower that is noise n volatility..u can't get rid of it. U will need nerves of steel.

It is also true jcy may need a new catalyst for its shares to move up. Hopefully feb release profits will be more. They also said about a merger thing but no news yet.

If profits are low jcy will be red flagged by me ...lets watch n see

Plus the owners own shares of jcy thats why jcy pays good dividends lo. Can put back into own pockets ma. Simple logic

Hopefully can shoot up to rm1 like hibiscus! Then warrant holders will laugh all the way to the bank. But i honestly think will take time to go up to rm1. At least a year n the oil price recovers to about usd50 me thinks

If pressed down good opportunity to accumulate more jcy shares

Those who feels this stock is bad should just sell n run. Enuf said
So many ppl have already done research n give advice already. Its really true not all have the guts nor foresight to make it in the stock markets

Sona already said to use the remaining 55% as expenses n extra stuff. This already means spending the whole money. Now I dunno about sc but I do know there's a new substantial shareholder in Sona. Pacific. U think these ppl are stupid to buy in Sona without some solid reason? Plus the money they spend are in millions compare to our pittance cash. If 2 funds actively keeps accumulating Sona shares since last year I think that's a good enuf reason to buy. They have more to lose than all of us. Worry too much u will miss the boat.

Good luck n enuf said

So this means stay away from this stock lo. Until got more clarification

Is there an official statement from the sc saying that? Anyone seen that yet?

Best for the uneducated to learn about the balance sheet, cash flow statement n income statement as well. No need to learn everything..just these below will do. Profit after tax, operating cash flow, cash balance, assets revenue n liabilities. PE ratio too

Cheers

U cannot predict the ways any share prices go. They behave differently becoz of the underlying ppl who buys or sells the shares. Ppl have emotions and feelings. It's all psychological. Fundamental n technical analysis also cannot truly explain which ways the prices go.

Moral of the story? Look for cheap enuf prices from the eg. 1yr price range. Low PE < 10 ,good business prospects, maybe good dividends, good profit potential..etc eg or try follow uncle koon style.

The thing is markets behave in an irrational manner simply because the ppl buying selling the assets/shares/bonds behave irrational. That's why u get bull runs n bear markets. U can't really analyze too much from the balance sheet as well. The numbers may not be true. Lol

Just buy under your own comfortable range..talk n analyze too much is useless. N this is the reason lots of ppl just do not make money in the stock market.

U must also accept losses n move on. Keep learning from the experts. But do not blindly follow...research yourself as well. Even free lunches u must have the guts n intelligence to take the free lunch.

Good luck.

i think when the price reaches 0.60 ....ppl will still talk away and won't buy jcy even tho it is really cheap

sona is definately going to make a profit when the QA is approved. From zero revenue and profit suddenly to a full oil and gas company with producing rev n profit.

FRom a empty shell company to a full online company. The share price will surely go up from 0.44 How much up we will not know. but I believe at least 10%

Surely 10% is enough to make your simple profits?

Furthermore the share price has been steading around 44-44.5 cents for god know how long. This is the bottom price dy. there is no other way except up. So why are you guys still dilly delaying about buying it or not?

if you cant take the risk then do not invest at all. simple conclusion

btw i own some mother shares and warrants so invest at you own risk

the stag oilfield being bought by sona produces oil at a cost of roughly usd26 per barrel. Its in the news a while back

so i guess it will still make a profit especially since expense is in aussie dollars and revenue in usd and repatriate back in RM.

but 1 big question...who bought up the block of 26 mil shares from credit suisse?

I believe Mr. Koon just said a min of 5As for spm. And he never said u must be fluent in English to apply. It may also be broken English. I also believe he is looking for serious ppl who wants to study.
Seems lots of ppl like to jump to conclusions n criticise without looking at the bigger picture. Perhaps they can help sponsor n chip in?

Mr. Koon keep it up. U are a generous man

mr. ha what you are suggesting....is to see the future. Unfortunately there is no way to predict the future movement of any stock prices. You cannot catch the bottom nor the top. This is just impossible.
However, U can only try to buy in at the average low...which is now. Nevertheless, this is also one of the strategies...averaging down...buying in at subsequent lows.
Investing in stocks is not for the faint hearted.

good luck

plus klse is in a downturn at the moment. everything falls

trade receivables are what customers owe benalec in the short term period hence put under current assets.
trade payables are what benalec owe suppliers(or other ppl) short term(hence its in current liabilities)

so if trade receivables increased...this normally means ppl still owe them lots of money. this is ok and good. collection is another matter though.

however due to nature of business(as mentioned) profits for every quarter may not be constant...hence thats why i believe they are going into power infrastructure with pestech...getting more recurring revenue every month?

regardless, at 65sen now i will accumulate more. I see no wrong and issue with this slight quarter loss and the lawsuit. all companies go thru this anyways

so if you cant stomach any negative/positive views dont invest at all. buy a property period.

unfortunately investing is not for everyone...no matter what they all say. its not for the faint hearted nor emotional ppl.

VT knows this, warren buffet knows this hell even the fund managers knows this. At the end of the day the markets are very psychological...

hence the centuries tale of the strong eat the weak rings true...unfortunately

again VT know this, warren knows this heck even george soros knows this. they can all smell the opportunities and knows how to create them

Sounds like a lot of ppl crying wolf n beating round the bush...my ears n eyes are getting tired. This getting to be a useless n nonsense forum no thx to all the naysayers...sheesh

It is very weird n funny to see ppl blaming here n there, arguing on using nta pe, hating games, bashing games. U all must realise in equity or any asset classes investing there will all have a certain element of risk. N everybodys risk profile is personal.
One thing is certain. No risk no gain. Some can lose rm1000 with no problems. Some will hate n blame for just losing this amount. The stock market is not for the faint hearted. Play with wat u are comfortable with. Its the golden rule financial advisers tell u.

I am a gradute in cfa so i have some knowledge in this. Using fundamentals, technicals or gut instinct only helps maybe50 to 70% of the time. U still need to take risks.

I made some money n lost some money. Moral is to learn from your mistakes..learn from others n be generous in offering advises. No need to cheat n con ppl. greed is good but only up to a certain extent. U need to decide.

Thiis bjcorp i honestly do not know wat is the tp. From its p nl its profit is less than last same qtr. Bad? Some co profit is quite cyclical. Cfo is neg tho. This looks funny. Nta is 1.30...very nice. But nta is not book value. Warren buffet uses book value. I dunno how to calculate. Cash increase by 500mil. Now from cfi u can see they draw 800mil from borrowing. ...this is why 500mil came up. But they also repay 700mil in debt! I like companies that repay debts. Extra cash of 500mil maybe they wanna buy somethg. Last insider buying iculs that is out of the money....this is a good sign at least until bjcorp reach 68cents like calvin checked.

So your choice. Me i will stick around n see at least until 68cents.
Note. This post is not advising anyone to buy or sell. Please trade at your comfortable risk n study first. Thx

coolinvestor

Like in all investments. There's always an element of risk involved.

Even professional fund managers have to take into account the inherent risks involved in buying stocks or bonds.

Moral of the story. If you cant stomach it. Best to cut loss and go.

Investing is just not for everyone. Nor is trading. Its even worse with t+3 deadlines looming.

Its only your personal money. The choices are entirely up to you

majority are still playing trading games.

don't they ever learn? haiz

Its possible they sold off some to consolidate holdings or some to osk equity. Perhaps there is an arrangement between them.

Yes they definately knows GP price is worth more. They have investment bankers to calculate.

Plus its normal for shareholders to sell to friends or other owners to share.

No need to be too greedy with a very closed mentality

All this information/news/speculation coming together is what we called mosiac theory. It could be true or it could be false.

but judging from what we all know:

P1 needs to be sold off due to too many capital expenditure. cant survive without further input. This in it self is worth a lot of money to GP(owns 57%) SK telecom(owns 26%)

SK telecoms bought its stake for 300mil few years back in 2010. from then on GP's stake is worth at least 657mil few years back(if GP disposed of P1 then its price should be about 96sen!)

657mil of 57% in P1/685mil shares outstanding = 96sen
of course this does not includes debt or other assets. With a conservative discount we can assume GP is worth at least 80sen back then in 2010. P1 is valued at about 1.24bil back then in 2010 from sk telecom stake(from the star newspaper)

Fast forward to the future. With so much money being pumped into P1, theres rumors of P1 sale being 1.2 to 1.5bil. From here it should be logical to assume GP will get back at least 600mil and its share price is worth at least 80sen following 2010's valuations.

if GP's very conservative price is worth 80sen from owning P1....buying now at todays price of 44sen is definately worth it as we can go for a min of 80sen when it reaches imminent sale of P1.

80/44 = 81% gain!!! is this good or not?

As of today..the sale of P1 could be worth much more. maybe 1.5bil translating to a possible GP price of rm1.24

now this is just simple logic and reasonable due diligence on studying this green packet stock.

few other revelations.

osk has bought MORE of GP. ccpuan and kok onn has sold of their shareholdings but still retain 20% individually to still have control of GP. smart and logical. osk owns 15% suddenly. I believe they bought some from the disposal from ccpuan and kok onn at about 40sen plus at market price. hmm why now? if GP is so bad and P1 so bad...osk will NOT buy more. why?

BECOZ THEY BELIEVE GP's share price is worth a lot more. These are smart ppl. they will not want to make peanuts. 100mil 15% GP at 40sen = 40mil

if GP goes to just 90sen they make 50mil cool profit.

This is just simple opinion and deduction. the choice to buy or sell is still up to you.

However pls bear this is mind. there will always be risks involve.

goodluck

disclosure: I own GP shares. thx

some people just like to say bad things to mislead other gullible ppl to buy or sell. some ppl also likes to tease other ppl becoz he may have lost some money and just wants revenge.

if you do not have the stomach to lose some money then pls do not invest or trade. profit or loss is part n parcel of investing in stocks.

think of it like the mutual fund managers. one big portfolio.

but this seems kind of forum seems to be in gambling and not investing mindset. pity