Always to play safe. The next thing you know they will tell you there are lots of supply and the oil price drop again...and then middle east tension not as bad as imagine...many times we are trapped when the media tell us this and that...really be careful better. Lock in profit first. If up again tomorrow can further buy again.
it's not the key point that crude oil up perisai will up. Those who had been monitoring crude oil price and perisai will know what I am talking about. So dont be so genius to comment becos of crude oil price.
Oil price does effect the trend.. Of course in long term , if the oil price remain stagnant the price of stock will appreciate due to growth ... . Cannot make comparison like point of oil price to point of share price .. When price go down the decline is sharp , so rebound might not have that momentum ... Anyway oil trading at 55..lets see Tommorrow ..
World's Oil price up if don't fry oil sector counters then what people going to fry? This counter came down from rm1.xx becoz of oil price declined, now oil price started to rebound.
If the selling Q are real, then must be those who've kicking themselves having bought at high price but slumped to 0.53 level. Now cutting loss or breaking even
Perisai is a good strong fundamental company with good profits. There is no need to fear of buying when the oil price rebound this stock which is oversold will rebound strongly. Once 60 sen is broken Perisai will fly to 70 sen.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kim Yeoh
131 posts
Posted by Kim Yeoh > 2015-04-15 15:29 | Report Abuse
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