petroleum is necessity in malaysia, just like ventilators are necessity during pandermic malaysia, so is this fundamental or not i dont know...if you have sold out please look for necessity under next year environment...and invest in that...like petronm the baloance sheet will look brighter later on because it is a necessity. Is good balance sheet a good enough fundamental for people who cash out or not? please ask yourself because i don,t know how your brain is wired.
under bad economic environment a small cap stock is a necessity..if you like dividends please buy big cap stock,...if you like goreng stock please buy small cap stock...i believe under next year economy i rather keep the goreng stock than keep the dividend stock. this is call necessity and fundamental. fundamental because if not small cap how to goreng it...hahaha?
like superstar glove stocks they even issue warrents to make them very big stocks...do you think gloves goring to be that much of a necessity during non-pandermic time..i doubt it.
goreng is high risk but as long as you are not the person that is goreng the stock you have no high risk. for example, a wife and a prostitute can do the same thing for you, if you are seeking pleasure, who cares whether you find a wife or a prostitute to do it, you just find the person to do what you .are seeking. if you are goreng something it has to be small cap stocks, but not all small cap stocks are goreng stocks. Just like price appreciation and collect dividends are two ways to make money, but in poor economic situation, it is easy to get price appreciation rather than get more dividends collected, in view of that, a small cap stock give you more fun than a bigger cap stocks, just like a wife and prostitute can do the same thing for you. but at certain point of time, one can do a certain job better than the other, so pick the one ...you need more badly....that is called necessity.
a wife and a prostitute can do the same thing for you=go f somebody else for you. If she go find somebody she likes that is call fundamental, if she go find somebody for money that is call necessity, get it. whatever she did she also save you your love and money, making you a free man to do whatever you wish.
don't worry price drop volume also drop, they want to stabilize the price around this point. this is goreng stock because the results that are going to be better over time have not come out yet. they have not turn a profit. if you think they are sure to turn a profit stay on.
Refining margins, or cracks, for 10 ppm gasoil rose 25 cents to $6.04 a barrel over Dubai crude during Asian trade, lingering close to a multi-month high of $6.40 touched earlier in the week.
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....
ALANCHEE78
19 posts
Posted by ALANCHEE78 > 2020-12-07 18:09 | Report Abuse
current oil price is dropping now