No need to wake up, just buy at 1.0 to 1.2 ,collect div and go back to sleep. Wake up call will come when oil price recover. Oil price structure is much more complex than Rizerlee story!
KUALA LUMPUR (Nov 4): Petroliam Nasional Bhd (Petronas) has struck oil and gas (O&G) from its Bukit Tua and Kepodang fields in Indonesia.
“Achieving first O&G in the Bukit Tua field and first gas in the Kepodang field is a significant milestone for Petronas, as it demonstrates our commitment to contribute towards Indonesia’s energy demand and potential growth of the country’s energy sector,” said Petronas' country chairman for Indonesia, and PC Muriah Ltd's and PC Ketapang II Ltd's president Hazli Sham Kassim in a statement today.
result coming out must be very good. so owner pull down price for him to buy in. then, it will shoot up until owner need to be questioned by bursa for UMA. waiting at 1.25 then i buy
if u are long enough in the market, u will know that indutries/sectors of the share market are always cyclical. O&G will be in play again next year, so start collecting shares of good O&G companies from now & deleum is one of those
Oil companies already cut their budget. I just not sure how many oil suppliers will survive near 40USD oil price. Very soon supply will reduce, apart from Saudi who purposely press down oil price. Although she also suffer greatly.
Cut budget/retrenchment/cancellation of projects did not just happen yesterday, all O&G have been undergoing these since early 2015. Imagine if Deleum able to rebound from 0.97 to recent price, so you can tell its one of the potential O&G company. O&G counters will play back in the role soon. Have faith in them.
I agree with if u hold 2 to 3 year wait until market recover and oil company more job to deleum that time will be ok.... I dont expect next q will be ok... buy in or sell out must base on real reason
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....
OnTopGainer
33 posts
Posted by OnTopGainer > 2015-10-23 20:48 | Report Abuse
Monday possible grow up