The more you say the more you show your stupidity. Haha..

Hahahaha.. Good..

I think we should switch our money to O&G stocks before rally on O&G stocks.

Same as steel rally last year. Though oil price still far from $100.

l'm happy to see sour grapes here. Haha..

Yes, run. Buy and let it run. Haha..

I buy with confidence.

I don't care what cipet you say.

To you, holland stock. To me, gold mine.

Speechless..

Haha..

The highest 5.40. Now 1.25. Haha..

No energy, lousy result. How to up.

Buy Coalstal. Not Senergy.

Haha.. Big shareholder keep disposing. How to convince minority shareholders.

Hibiscus the beauty, Reach the mighty and Coastal the undefeated are my choices. Haha..

If market crash, O&G stocks can't drop too much. They drop 3 years already!

I think you guys at least buy one O&G stock. At least one since many stocks at peak already.

Brent at 62 now. Haha..

Anyway, if you guys want to play safer. Look at COASTAL. Frankly speaking, I buy a lot.

When drop 1 cent, game over. When up 1 cent, disappear.

I feel very stupid read your comments. Haha..

Oil price standing at 62 now!

Game over? You think you play video game now?

Now oil price $60 already. I think COASTAL will sudden shoot up one day but we don't know which day is that. So just dumb dumb buy and dumb dumb hold it.

I think that day near already. Haha..

Bye-bye. Haha..

Nevermind. You run first.

Just buy and let it run.

You don’t know which day COASTAL will be sudden shot up. So just buy and dumb dumb hold it. I think that day not far already. (Since oil price stand firmly at $60)

If SENERGY going to $2.00 and above, COASTAL should be follow too. Just my 2 cents.

So, what the TP? I think COASTAL should be around $1.60 now. Whether based on EPS or NTA, even cash flow, frankly speaking, COASTAL far better than SENERGY.

COASTAL share price movement

2014-11-01 $4.00
2015-11-01 $2.04
2016-11-01 $1.53
2017-11-01 $1.26

Oil prices rebound from $30USD to $60USD. EPS also rebound from $0.0059 to $0.0269. But COASTAL share price still lagging behind. Then you should know what you should do.

I don't care what cipet you say. l hold for long term.

Coastal is a safe oil and gas counter to invest. Huge potential upside there.

My TP unchanged, still $0.60.

Now almost 70% up a lot already. Just buy some stocks with potential upside, just like O&G counters. My two cents only.

For O&G theme, I choose REACH and COASTAL.

If you want to earn big. You must take some risk, no risk no gain. Haha..

Just hold it. I don't care whether it up or down tomorrow. I play for long term, one-year time.

I give you 5 reasons why you should look at COASTAL.

(1) Safe bet. Within this 5-year time, the highest $5.40, the lowest $1.15, current $1.25. Very limit downside but very huge potential upside.

Based on share price $1.25, if back to $5.40, you earn 332% return.

(2) Borrowings $435mil, cash $368mil. Debt ratio very low, not like other O&G counters.

(3) Profit-making company, never post loss-making quarterly results since 2006. I guess 99% companies cannot do this.

(4) Low volume. Hard to see it on active stocks list. It is good before more people discover this gem.

(5) Share buy back frequently by CEO and substantial shareholders. They didn’t sell even single share in this 3-year.

You can compare SENERGY and COASTAL, their chart pattern even share price movement almost the same. If you think SENERGY already gone too far, then you should consider COASTAL.

Good luck :)

Investing is all about confidence. If no confidence, you 99% will lose.

OK la. Tomorrow let it drop till $0.20, satisfied? Hahaha..

1-post newbie. Hahahaha..

Ha.. Haha.. Hahaha.. This newbie funny. Hahahaha..

Yesterday bought today cut loss. You guys better don't invest. No confidence at all. Haha..

You panic sell, the operators happy buy. Lose win situation. Haha..

Revenue can maintain, but profit hard to say. Last quarter forex gain $3.5mil like that.

Dumb dumb buy and dumb dumb hold is the best strategy. Haha..

I think I should re-post this. Haha.. Just for you guys to refer but I just tin kosong, kong kong kong only. Haha..

As Reach’s management said, they will boost their oil production from 3301bopd to 5000bopd in 2H 2017. If oil prices can stand at $60 per barrel. TP should be like that.

5000bopd x $20profit/barrel x 360days x 60%stakesemir-oil
= $2,160,000 = RM86,400,000
Year2018, TP RM1.00 based on 12x PE ratio.

12000bopd x $20profit/barrel x 360days x 60%stakesemir-oil
= $51,840,000 = RM207,360,000
Year2019, TP RM2.00 based on 10x PE ratio.

If Reach going to $1.00. Reach-wa at least $0.25 with 0 premium.
If Reach going to $2.00. Reach-wa at least $1.25 with 0 premium. (How many fold?)

But I must say, Reach is for long term. The best strategy is dumb dumb buy and dumb dumb hold.

Sour grapes automatic disappear already. Haha..

Oops, I forget to say. These counters are only two pure upstream players in Bursa.

Anyway, only 2 counters will move directly if oil prices can stand at higher prices. They are Hibiscus The Beauty and Reach Energy The Mighty.

Here is oil prices forecast. You guys can refer it.
https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti