when the power come it's already 0.77 sen, up to u, and the host definately more welcome long term investor and wont mind to help to make more money for them than those contra speculators made 1,2 sen lor...
I lost money on this stock last year. Had to cut my losses. I bought it back on 3 Sep at 0.535 and sold it on 9 Nov at a high of 0.72. I missed the boat when it closed at 0.72 on 7 Nov. I was thankful to be able to sell at that price two days later. The price has kept falling since then. I bought it back at 0.68 on 23 Nov. Now I'm waiting for another chance to take profit. Certainly I'm not expecting it to hit 1.26/1.29 as some analysts have forecast.
PS: Please read analysts' reports with extreme care. I learnt my lesson.
tfchua88, short term u might loss 1,2 sen, or cut your own loss level, though this counter is not consider dividend yield counter, but it's very likely the price go up more than 80sen in weeks time, not 1,2 days !
Factor in a discount on the TP of analysts. I would perhaps take it at around RM0.85 (MY PERSONAL view only). Price may fall post coming window-dressing period
The oil and gas shares Looking a sluggish quarter of next year , form the disappointing performance of a variety of factors. However, large capital company earnings downturn, the small capital of offshore support vessels (OSV) operators, there is a good performance, mainly in the higher utilization rate has a strong contribution to the year-on-year earnings growth.
The analysts believe that the Malaysian oil and gas sector in the growth cycle, the issuance of oil and gas contracts and the message in the second half of the year to enhance expected that 2013 will see more large-scale contracts awarded. Analyst Outlook view of the front of the field for a long time, and to give an "overweight" rating, at the same time, it is recommended that investors balanced portfolio.
based on Elliot Wave of TA it just finished wave 1 and 2, now im anticipating wave 3 which is the longest wave if it closes at 0.73 and Tp 1.12...take PERDANA chart as a comparison and u will see the similarities of these both counters
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....
hlpang
80 posts
Posted by hlpang > 2012-12-06 16:49 | Report Abuse
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