Is a yesterday news about:"There were several gainers from the O&G stocks today as investors see them benefiting from the coming Budget 2014,” Areca Capital CEO Danny Wong told theedgemalaysia.com.
Wong said that “everyone wants a piece of the pie” as they expect the O&G sector to be vibrant with huge upcoming upstream and downstream contracts.
not yesterday's news... They hv been collecting from this range for so long, now everything looks fine. So this is the right chance to unleash. If not today will be next week, US will be rally for several days
With RM 1.9 billion contracts in hand, its earnings stand to shoot up soon. Just have to give it time to execute the contracts and translate to profit to propel its share price upward.
This share should go up higher. It needs more charter contract. Demand should be coming soon since the economy is picking up slowly. We have HOLDING POWER to hold this share. Should surprise alot of analysts and investors who ignore this share. It has the potential to grow. Good luck to your trading. Just concentrate on my own Investment group performance.
Matter of time it will beat the TP. Only question is how many shares you own? and the rate of return are you going to get? Thats how I challenge my Investment Group members. Try to win BIG and lose small !
Hi chris, they did accumulated for long long time. They just waiting a good time to push. Everything looks good now. So now is the time. If missed, i dont know when ll be the best time. And thats what i bet, thanks god 8%returns now and want more :)
Good....well try to be at the right place at the right time. Well you might consider Pantech, Handal, KNM too. take your time to accumulate the shares. Remember when people do not want it, it is time to do some homework on it. Let this one goes up steadily. Let's enjoy it quietly while the people is nervous. Time is on our side..trust me.
Thanks for your recamendation. I ll do some study first as i know nothing bout them :). By the way another stock to consider, mkland. Looks like going to shoot too.
Thanks for the recommendation. I concentrate on Oil and Gas and steel sector. Projects are coming in 2014. Got to take advantage of it, if I am lucky enough. Good luck. I have my own blog too.
MD & CEO want to make daya a 1B company by turnover & market capitalistion in the next few years.hence will touch .45 before march 2014 & 0.8 before march 2015.sit very tight. Very difficult from daya to climb from 0.23 to 0.33. The climb from 0.33 to 0.45 wil also be very consolidative.LIke up 2-3 cts & down 1-2 cts & stay for very long until everyone cursed daya. Their 2nd, very small charter is about 10M in less than a month. Should try to get many of these small jobs after obtaining 7 year charter from Technip. Come 2014 daya will be O&G operator & contractor ( i.e developer & contractor model .i.e. most lucrative model: 20-30 % on turnover). they should be an international company within 2-3 years, joining O&G Russian giant Globalstroy.Also , hopefuly with aggressive MOu with the north sea,India, Indonesia & worldwide, the up from 0.45 to 0.8 will be a faster one..
At agm, ceo told me they got to work very hard, They are not so lucky,like spetro, who's father is an advisor in petronas. Petronas "chicken out" in awarding their RSC tembikai oilfields. They form another company to manage oil exploration.,forgot their name , in the Edge. DAYA'S strategy to concentrate worldwide, go international, be competitive & manage well,starting from the North sea,will augur well for themselves & their share holders.
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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....
freonsf
645 posts
Posted by freonsf > 2013-10-11 12:31 | Report Abuse
no fly leh...