Because someone is accumulating the share and pressing down the price at the same time between 0.205-0.230 area, and small fishes are panic so they keep disposing their share to him. We just need to be patient.
Cannot contra with this counter. Those holding will have to wait for positive news if want to see good returns. Qr is due month end. Patience will pay off.
i hold 1 year already since they take over tumpuan megah..now begin to see revenue increasing..will hold tight this counter..hope someday will be successful as yinson
as expected, revenue increase tremendously !!. next QR will be much higher, perhaps above $300m coz they have bought bigger 3600 cubic meter tanker on early September...this one will appear on next QR
for me, this is the AA for marine industry. Sendiri kira la, total revenue for the next 4 QR will touch 1 Bilion.
I wonder why is the high operating expenses, revenue is double but the bunkering segment profit is lower 3,606 (3,674 preceding quarter), management explained it's because of the new depreciations, and depreciation is a recurring expenses, but i dont think it's just depreciation... (the P&L statement is too simplified) and the logistic business still making loss.. does anyone know the reasons?
if u follow closely development in this company..u should know what is brewing la. If u don buy now..sorry la next year. IMO2020 will give advantage to this company and their “PIT-STOP BUNKER HUB @ LUMUT” operation will become major cash cow.
Latest Prices, Marine Gas Oil Price $/mt Change High Low Spread T Dec 24 675.00 +12.50 688.50 659.00 29.50 M Dec 23 662.50 +6.50 676.00 653.50 22.50 F Dec 20 656.00 +13.00 670.00 643.00 27.00 T Dec 19 643.00 +1.50 656.50 632.00 24.50 W Dec 18 641.50 +13.00 655.50 631.00 24.50 T Dec 17 628.50 +8.50 642.00 617.00 25.00 M Dec 16 620.00 +17.00 633.50 611.00 22.50 F Dec 13 603.00 +11.50 616.50 594.00 22.50 T Dec 12 591.50 -6.50 605.00 582.50 22.50 W Dec 11 598.00 +0.50 612.50 590.00 22.50 T Dec 10 597.50 -2.50 611.00 583.00 28.00
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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....
ruby20
308 posts
Posted by ruby20 > 2019-10-17 18:07 | Report Abuse
should be benefit SIL