AMMB target price 2.70. Still very cheap at this level now,

Mulpha has been making huge profits over past few years.

The strange thing is why didn't it declare any dividend at all so far.

THIS IS VERY STRANGE AND SCARY !

Not good news. Why the need to farm out the project?
Seems to me Perisai not capable to undertake project due to financial constraints.

First resistance at 8 sen

Uptrend. Strong Resistance at 0..22

Uptrend. First Resistance 0.08

scomi better. due to stronger shareholder.

6 sen now. Disappointing stock. Market up but stock asleep. Next support at 5 sen.

Klugman.

Assuming you are right on the ESOS issue, the price of Sanichi should not be dropping to this multiyear low.

The market has rebounded by almost 100 points and all penny stocks have rebounded but Sanichi is still in the doldrums.

There must be some explanation as to why the price is this low. This is not good.

Crude oil price rallying. O&G counters will shoot up next week. Resistance at 0.34

Financials are OK. Share is almost at all time low. Undervalued based on latest financials. Will rebound tomorrow

Time to buy. Strong support at 0.16. Rebound imminent. Next resistance at 0.18

Excerpts From TA

Due to the bleak outlook, we downgrade Perisai to 9
x FY16 P/E (previous:
10x) which is a 10% discount to the trough P/E of O
&G stocks during the
2011 oil price downcycle (10x).


As a result, our TP on Perisai is cut to RM0.24 and
we downgrade the
stock to Sell from Hold previously. Despite battere
d valuations, we advise
investors to avoid the stock until earnings headwin
ds subside.

Crude oil rebound. O&G counters rebound imminent

0.38

Likely bus fare increase finally. Earlier news of fare increase, counter shot up to 0.38.

SCOMIES :why drop so much ?

Rebounding. Next resistance 0.46

queuing at 0.07 support level

Share has come down a lot. Rebound imminent next week.

Uptrend. First resistance 0.525

Crude oil price rebounding. Perisai rebounding and first resistance 0.52

This is a high beta stock. Will rebound a few cents

STrange. Company just reported good profits. Project ongoing. But Why Share price dropping ?

Anyone has an answer. Thanks.

No play. Players throwing down. Trying to catch a falling sharp knife is not wise.

AGREE, Game over. Players getting out fast.

Stock grossly oversold. rebound imminent.

Volume dwindling down.

Players exiting stock.

Looks like stock will be quiet with low volume for some time.

next support 0.31

Huge volume due for Force selling already sold today.

Strong rebound likely.

First resistance 0.38

Huge force selling ahead ! Weak support at 0.28

Director buying :

http://klse.i3investor.com/servlets/anpth/1077955.jsp

RHB RESEARCH

Perisai Petroleum Teknologi may experience a further technical rebound after breaching the downtrend line in its latest session. Traders may buy as a bullish bias could be present currently, with a target price of MYR0.525, followed by MYR0.565. The stock coulddrift sideways if it does not react to the bullish development . In this case, further support is anticipated at MYR0.43, where traders can exit upon a breach.

Next resistance is 0.41 after 0.38 is taken out.

Stock grossly oversold.Rebound imminent . First resistance 0.50

Crude oil rebound strongly by 4.6 % yesterday.

Scomies grossly oversold. Rebound likely on Monday. First resistance 0.38

Excellent 9 month results. Profit increased by 93 % over previous year.

First resistance at 0.12

EDGE MARKETS REPORT :

MULPHA : GOOD PERFORMANCE

http://www.theedgemarkets.com/my/article/mulpha-international-returns-profitability-1qfy15-thanks-its-investment-segment

What is the reason for the sharp plunge in K1 price since yesterday ?

Huge price loss in two days . UNUSUAL. There must be a specific reason ?

Anyone wish to give a reason ? Many thanks.

More likely a good profit as properties were selling well over the past years

FROM :oilprice.com dated 24/5/2015

Perhaps the most important reason that crude oil may trade higher is that in the United States oil inventories fell by 2.67 million barrels for the third straight week, according to a May 20 report by the U.S. Energy Information Administration. US oil production also declined to under 9.3 million barrels a day, its lowest since early February.

Stock likely grossly oversold. Rebound imminent.

Yes. Force selling in next 2 days. queue at 0.085

MAYBANK 14/5/2015

PERISAI :Downgrade to SELL; TP lowered to MYR0.42 (-35%), based on 7x 2016 PER (unchanged).

Crude oil rallying now . O&G stock will rebound


Crude Oil (WTI) USD/bbl. 60.56 +1.63 +2.77% Jun 15 09:29:16
Crude Oil (Brent) USD/bbl. 67.95 +1.50 +2.26% Jun 15 09:29:21

MUI : rebound imminent !

HONG LEONG INVESTMENT BANK RESEARCH DATED 29 APRIL 2015

PERISAI (HOLD) : TP 0.69

On the O&G sector, we maintain our NEUTRAL call on the sector in view of the Petronas capex cut (15-20%) and reduction in operational expenditure. Asset owners such as drilling, OSV and fabrication service providers will be negatively impacted by lower charter rate (average ~10- 15% declines) and utilization rate. We remain cautious on MMHE (Sell; TP: RM1.11), UMW O&G (Sell; TP: RM2.50) and Perisai (Hold; TP: RM0.69).

Lack luster trading. Next support at 0.16

Share plunging non stop. WHY DROPPING ??

Calvin, Those positive news you mentioned may be true.

But it is indeed strange that a company which made substantial profits does not give any dividends to shareholders.

Mulpha share price has been stagnated for a very long time while other property companies has performed very well in their share prices over the same period. This is indeed disturbing.

Minority shareholders are beginning to have doubts on the management of the company