this counter will not go up far. only 0.005 cent only. Tak guna one. Maybe other counter provide better margin of profit. This one will not never go up since the shark inside no guts or ball to push it up.
there several possibility this ctr not push up. 1. fund mgr waiting small fish tired to wait.... 2. fund mgr in process to accumulate share b4 fly....3. BOD ask to wait b4 fly 4. waiting Q1 financial statement ....
O&G counter will become hot. I guess the company will divest the business to O&G business, the director had mentioned it last year already. They may got some progress and pls wait.
If this is true then this year will be good year for Hubline.
Executive chairman and ceo Dennis Ling was quoted as saying that the company is in talks with potential joint venture partners to charter OSVs and could start making purchases soon.
Currently no good news just some comments by CEO that Hubline going to venture into OSV mkt.Its a low price and high reward shares if it start to move.One needs to buy and keep for maybe 6 months to 1 year or more.If has extra money to spend,then its worth buying.
Whatever result won't change a fortune for this Hubline. It is the Management issues unless some changes is made and the core business changes to oil & gas related whom i am sceptical.
The write off was 2013 financial yr which ended Sept 2013.However,this will still affect the financial for 2014 unless turnover and profit increase in 2014.
They only can up to that level if they decide to jump in to oil & gas or most prominent shareholder come into the board or financial result super good. 0.70 is almost unbelievable.
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....
rlch
4,142 posts
Posted by rlch > 2014-02-18 03:02 | Report Abuse
If PDZ worth 13.5 sen why Hubline cannot go higher?