Posted by Henry8833 > 2019-05-10 17:39 | Report Abuse

Today price is bottom. Due for recovering...

Posted by dick20 > 2019-05-10 17:40 | Report Abuse

upshare, thanks for your advice

Posted by kariwong9394 > 2019-05-10 18:37 | Report Abuse

Must know how to cutloss and admit your failure and mistake...

Never dating with stock, and always remember " buy low sell high "

Posted by upshare > 2019-05-10 19:58 | Report Abuse

Never see this type of counter..
Only one qr results.. out..really kills so many ppl
.
3 days..drop almost 30%.... never rebound..
Sigh.....
.

Posted by InvestorKING > 2019-05-10 21:21 |

Post removed.Why?

Posted by calvintaneng > 2019-05-11 00:43 | Report Abuse

No
Avoid Armada because of it's huge debt.
In a world so uncertain many stocks with too high debt might end up like barakah, seacera or perdana in insolvency

Penergy and Uzma are protected by Petronas on Malaysian territory.
So stay safe

Penergy after this knee jerk correct will move up again as it is one of top OGSE provider

Posted by lachai2004 > 2019-05-11 07:07 | Report Abuse

The gapped up from RM0.40 to RM0.60 immediately after last Quarter results announced,had detered me to join the rhetorical party earlier, as I have been trained to know that this gap of 20cts likely one day will be filled up. Will it?

Posted by Abba84 > 2019-05-11 13:34 | Report Abuse

Never catch a falling knife..as wat mny pople says ..unsure weder o go ahead n buy .will its price cntinu t spral dwn?
At .715 cts its steal but droped lik tad left me wondrng th bad percptin on it 1 mdb !

Posted by calvintaneng > 2019-05-11 13:58 |

Post removed.Why?

Posted by lachai2004 > 2019-05-11 13:59 | Report Abuse

I think buying downward is a good strategy, with heavy volume with lower price...

Posted by dompeilee > 2019-05-11 15:13 | Report Abuse

Keep buying from 96 (like some here announced they did) all the way back to starting point of 35c(just 6 months ago actually) can POK! lol

Posted by BlessedInvestor > 2019-05-11 23:36 | Report Abuse

Agreed with Calvin. This stock is fundamentally strong and expect to see earnings growth next quarter. Good time to accumulate and price bottom and due for recovering next week.

Posted by cheap1 > 2019-05-12 02:55 | Report Abuse

I agree. If compare with Carimin, Dayang; Penergy the cheapest.

Posted by BlessedInvestor > May 11, 2019 11:36 PM | Report Abuse
Agreed with Calvin. This stock is fundamentally strong and expect to see earnings growth next quarter. Good time to accumulate and price bottom and due for recovering next week.

Posted by Fulltimeinvestor > 2019-05-12 07:27 | Report Abuse

Is the same as dayang, one QR is good, shoot from 0.79 to 1.24 in one day.

Posted by sarawakian63 > 2019-05-13 02:26 | Report Abuse

Sandakan victory sign Sabahans want MA63 restored
https://www.thesundaily.my/local/sandakan-victory-sign-sabahans-want-ma63-restored-KJ865185

Posted by Henry8833 > 2019-05-13 11:54 | Report Abuse

market so bad last few days due to trade war. Can see selling from weak holders and big players are accumulating and building up their position. Be greedy when others are fearful. This week is good time to accumulate.

Posted by calvintaneng > 2019-05-13 18:30 | Report Abuse

Correct


Time to buy on weakness

Posted by dick20 > 2019-05-13 18:37 | Report Abuse

the share lost 38.5 sen over 4 trading sessions or 36% of its value from RM 1.05. there is great fear among the small holders of this share, who are the bulk of the sellers because the share is dropping in thin volumes. the large shareholders cannot sell even if they wanted to because there are no buyers absorb the selling. the thin buying is from buyers with a longer term view who are buying cautiously. Question is at what level is it safe to buy?

Posted by nckcm > 2019-05-13 18:40 | Report Abuse

Will fill the gap over 0.61 and 0.41. 0.5 only consider buy

Posted by calvintaneng > 2019-05-13 19:24 | Report Abuse

Market overbought on the upside

Market also oversold on the downside

Remember these facts

1. Penergy won the most important job award

1st OGSE with carimin, Dayang, sapnrg and deleum

Penergy was again selected for 2nd OGSE job award with 11 others entities

Penergy management already stated the need to cut cost of sales

So August 2019 quarter should be better

Posted by lachai2004 > 2019-05-13 20:26 | Report Abuse

Yes. This is the counter to watch, as it is in the right sector with growth, under current turbulence market, the entry point is crucial to success!

Posted by T800Terminator > 2019-05-13 20:29 | Report Abuse

2moro onwards q at 0.50 until i get it. Hmmmm by this Friday?

Posted by Lemonfish > 2019-05-13 22:02 | Report Abuse

Wow

Posted by kariwong9394 > 2019-05-13 23:59 | Report Abuse

this week shall drop to 0.45 if the market is continue worse

Posted by noobbie > 2019-05-14 09:16 | Report Abuse

later green people chase la

Posted by Henry8833 > 2019-05-14 11:54 | Report Abuse

building up base at 66-68sen. Trending upward soon. Will not get this price after today.

Posted by calvintaneng > 2019-05-14 12:49 | Report Abuse

May Reports for Oil and Gas show be ok to good.

SOME will report excellent to exceptional results

When other oil and gas show better result they will pull up Penergy again

Posted by PERISAI > 2019-05-14 20:24 | Report Abuse

JTIASA, CBIP, ALAM, BJCORP, ................

Posted by $$$< GOODLUCK >$$$ > 2019-05-14 20:31 | Report Abuse

watch out tomorrow may drop again.

Posted by goody99 > 2019-05-15 08:55 | Report Abuse

big fund almost have cleared their stock... Good luck!

Posted by BlessedInvestor > 2019-05-15 14:52 | Report Abuse

why they cleared their stocks at current low price??

Posted by Penergy > 2019-05-15 15:33 | Report Abuse

Unlike Dayang Penergy is oil producer though I cannot recall no of barrels a day. Higher oil price should benefit Penergy directly like in Q2 2019.

Posted by henry8888 > 2019-05-17 09:22 | Report Abuse

Bottomed out last week. Time to resume uptrend following oil price?

Posted by henry8888 > 2019-05-17 09:25 | Report Abuse

Brent USD 72.9
https://www.bloomberg.com/quote/CO1:COM

Posted by Penergy > 2019-05-21 15:29 | Report Abuse

Add more 68.5-69 sen.

Posted by Penergy > 2019-05-21 15:30 | Report Abuse

Brent USD 72 will benefit Aug and Nov'19 QR.

Posted by dompeilee > 2019-05-21 17:14 | Report Abuse

Sappork those who keep buying from 90+ sen all the way till now...moral sappork...not touching a single share myself since exiting @ 119.3c avg earlier =)

Posted by dompeilee > 2019-05-21 17:15 | Report Abuse

I got better fish to fry =)

Posted by contrarian > 2019-05-23 09:17 | Report Abuse

Latest QR show Penergy is Petronas beneficiary with sales up 70% YOY unlike Perdana, Velesto, etc suffer loss. Buy more when others fearful.

Posted by InvestorKING > 2019-05-23 12:30 | Report Abuse

Buy super undervalued stock: bumi Armada

Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36

But the big shark still collecting the super cheap shares around 0.18 to 0.19

But before Armada being awarded the court winning for Woodside claim, 20cents gap up, that time will worth for 0 50+++

Posted by dompeilee > 2019-05-23 14:46 | Report Abuse

Drop another 6% today...now down -46% from when I sold my last shares in March.

Posted by Penergy > 2019-05-23 15:15 | Report Abuse

Penergy sales and profit up 70% YOY who sell low not smart.

Posted by dompeilee > 2019-05-23 15:20 | Report Abuse

Whoa!!! 62 c !!! Don't collect too fast ah...later all your precious cash STUCK for years...lol

Posted by sharebuyback > 2019-05-23 22:22 | Report Abuse

Today AGM approve SBB. Tomorrow or 60 sen can start buy back shares?

Posted by T800Terminator > 2019-05-23 22:24 | Report Abuse

No la. 0.50 is a good bargain on current sentimental.

Posted by Buy_ > 2019-05-24 08:44 | Report Abuse

50 sen you sell is it? Why not do off market to save brokerage?

T800Terminator No la. 0.50 is a good bargain on current sentimental.
23/05/2019 10:24 PM

Posted by Sarawakians > 2019-05-27 03:52 | Report Abuse

PKR spruces up election machinery for Sarawak polls
Read more at https://www.thestar.com.my/news/nation/2019/05/26/pkr-spruces-up-election-machinery-for-sarawak-polls/#1ukIHwVYVjdLQRt2.99

Posted by sharebuyback > 2019-05-27 11:37 | Report Abuse

SBB pls start today to curb IDSS or RSS.

Posted by T800Terminator > 2019-05-27 16:00 | Report Abuse

0.50 by this week?hmmmmmm....I rather wait for 0.40 if drop non stop.

Posted by Sarawakians > 2019-05-30 15:34 | Report Abuse

If can reach RM 2-3 like under BN PH not so bad. Question is can PH do it?