Posted by Ooi Teik Bee > Oct 25, 2013 09:15 PM | Report Abuse X
A loyal and good member will not run down the party. Only a traitor will do it. Thank you.
Ans : I just cannot understand why anbz called me a racist because of my aforesaid posting. To me, any political frog jumps party or any one who was not elected in an election, run down his party IRRESPECTIVE OF RACE, he is a traitor to the party. A good and loyal party member will not run down his party if he failed to be elected in any party election. I did not mention any race, I only quoted that person. Am I a racist ? Please judge yourself. I want to avoid get caught in this dispute. Thank you. Ooi
Budget 2014: Oil and gas sector likely to continue vital role
THE oil and gas sector will continue to play an important role in the economy next year.
Private investment in sectors which include oil and gas is expected to increase further to RM189bil, or 17.9% of GDP.
Public investment is estimated to reach RM106bil.
In the oil and gas sector, among projects to be undertaken by Petronas include the Sabah Ammonia Urea Project (Samur) in Sipitang; the integrated oil and gas production development project in Kebabangan; the regasification plant project in Lahad Datu, Sabah; and Petronas’ Refinery and Petrochemicals Integrated Development or RAPID in Pengerang, Johor, which is the largest investment in Malaysia.
Petronas has a five-year RM300bil capital expenditure plan to reverse declining production.
The national oil company said in June that it would have to play catch-up after having spent only RM72bil, or 24%, of that amount between 2011 and January this year.
“Petronas’ five-year RM300bil capex should keep the excitement level high in a sector that is a major revenue earner,” CIMB Research said earlier this year.
An analyst concurs saying: “With the amount of ongoing oil and gas activity, there will be a continuous flow of jobs which will contribute to a robust sector.”
With All The Hype & HooHa About OIl & Gas News, Pantech Has Hardly Moved Much. Our Ayam Tua Has Also Wisely Sold Off Pantech And Moved To PM Corp.
PM Corp Is An Idea Whose Time Has Come.
The price of Pantech is already fully factored in by the market now. With palm oil continue in the doldrum due to relentless price war by soil bean oil - one division of Pentech is hit! Pengerang Oil & Gas launching is still far away.
A Bird in hand is better than 2 in the bush. Since The Focus is on PM Corp (IMPENDING CASH PAYMENT ANNOUNCEMENT ANY TIME NOW). Why Not Dispose all Pantech shares and BUY PM CORP NOW BEFORE PM CORP SHOT PASS 30 Cents To Go All The Way UP,UP & UP!!
In Singapore The MD of NETWORK FOOD (Own by PM Corp) told me that Our 5 Year Old TANGO Chocolate has Knocked Out the 140 Year Old VAN HOUTEN!
Singapore Is A Very International Cosmopolitan Country. If TANGO Can Succeed here it can Succeed Any Where In The Whole World!!
Company Is STEPPING UP PRODUCTION LINES FOR MEETING EVER INCREASING DEMAND FOR EXPORTS.
When Dutch Baby Changed Its Name to DUTCH LADY MILK In 2000 & Increased Production Lines Dutch Lady Price SHOT UP LIKE A ROCKET FROM RM4.00 TO OVER RM46.00 TODAY!!
Like Dutch Lady, PM Corp Might Change Name To NETWORK FOODS (Proposed) Price now : 25 cents. Target Price for PM Corp: RM1.50
In The Long Future PM Corp expected to REACH RM10.00
When A Company Business Is Doing Well - Its Share Price Eventually Follows.
Sell & Switch Now!! Don't Delay!! This May Well Be The Wisest Thing To Do.
PM CORP IS THE BARGAIN OF THE CENTURY!!!
A PENNY STOCK WITH THE POTENTIAL TO BECOME A BLUE CHIP!!
Hepitrade......Good decision to explore Pantech....A counter with STRONG FA & TA....fyi....
Posted by SANG-JERO > Oct 25, 2013 03:11 PM | Report Abuse X
Pantech is a well diversified group.....so Rapid delay ...(if any)...will not effect the share price.......that is why Pantech's share price weathered the storm recently...There are other projects in hand.........plus other businesses........In my opinion, under the current wave, I think Pantech's share price WON'T go below 1.00......if I read the chart correctly the next res level will be 1.12-1.16...... and surely to hit 1.43 and above......Timing....I suggest for those who just came across Pantech's share to read all analyst report to have a better understanding....cheers
Yes, SANG_JERO Everybody, Every Stock Broker KNOW That Pantech is a Well Diversified Group. This Has Been HIGHLIGHTED OVER AND OVER FOR TWO WHOLE YEARS AT OSK.
As A Result The Price of Pantech Doubled to RM1.00 from 50 cents. Whatever Good Shark or Bad Shark will not affect Pantech Share Price unless you hit another Big Orders or see Up trend in Palm Oil to justify increasing capacity for more new set ups.
All the Sharks (Be they Good or Bad ) Will Only Swim Round And Round in A Range Bound Territory for quite some time - days into weeks- into months, then years. How long?
Right Now Is The Beginning of A Brand New Beginning For PM Corp.
As Such ITS POTENTIAL FOR UPSIDE IS IMMENSE.
Don't get me wrong. I also like Pantech. Wait for the Cycle of Palm Oil Boom & RAPID to Launch first.
Hmmm...Calvin seems to be very defensive...Did I mention anything downgrading about PMCORP as per my statement above?.....Anyway, it is the investors decision....I beleive most investors feel safer investing in companies with good TA & FA..cheers..
Ya steve...positive thinking.....If I read the chart correctly....next res level...1.11...1.16...1.22....and all the way to 1.43......Pantech has good TA/FA....no worries....
Good morning Bro Sang Jero, PANTECH with both TA & FA still intact showing bullishness will continue its uptrend momentum to break the resistance of RM1.10 & high possibility of breaking the 52 weeks high of RM1.16 should be just around the corner.
I'm waiting to collect PANTECH's 4th dividend entitlement for year 2013 on exdate 23/12/2013 @1.2 sen per share. Good luck & hv a profitable day. TQ
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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....
investor88
282 posts
Posted by investor88 > 2013-10-25 21:29 | Report Abuse
budget announcement is positive for all the O&G counters. expect this to push up the prices on next monday.