Inspires by Armada, KNM and Velesto turn around stories, I have invested in 3 PN17 Battleships. I believe the best way to learn about a company is to put your stakes in it. My motivation is to be part of their journey for a turnaround stories. TH Heavy has registered 2 Consecutive Profits, Scomies when I enter already registered a profit. The recent quarter was a lost due to impairment due to parent Scomi default loan. Otherwise Scomies would have registered the 2nd Consecutive Profits. Barakah has recently registered it's 1st profits. Now waiting for a complete Regulation Plan this May 2020.
If Arma can do, so can Scomies
Yes apolloang, Scomies is giving a healthy margin as I have traded this counter before and after consolidation exercises.
Whatever it is just be prepared for the worst if you still want to tango with the energy counters.
Otherwise go for safer sector like Gloves. Anyone who has sailang this sector are smiling all the way to the bank... Just like anyone who has sailang into Plantation earlier..
The other reason we all loves the energy counter is because it gives us the adrenaline adventure just like the Pirates in the Caribbean.
Don't believe Calvin analysis. U can only use his information for reference only. He just use some good news to attract people to buy. By the time his report is out, the price already spike up and if u buy it at bear market, u will be trapped
buy telecomunication at depress price, still have to communicate even work from home, nothing to do this 14days use more data to watch iflix or netflix. use less petrol n. transportation and some mall look like GHOSTS MALL.No need to hear from. adviser use yr eye to see what can buy n. what cannot. Scomi energy is speculative stock can only play with SPARE MONEY not for investing
buy 10,000 scomi energy shares for RM400 go up to 0.8sen make 100% however if close shop sell all assets pay back 20sen make RM1, 600.00 either way we win (good speculation) or invest in klse index linked stock like AXIATA as i mentioned before, split the fund investing n speculating, speculation is small money make big money n investing is big money make small profit.
Saudi Arabia is not backing down from the oil price war for market share, pledging another increase in its crude oil exports starting in May, despite a growing global glut amid crashing demand. “[T]he Kingdom intends to increase its crude oil exports, starting from May, by about 600 thousand barrels per day, bringing the total of Saudi petroleum exports to 10.6 million barrels per day,” an official at the Saudi Arabian Energy Ministry said on Monday, as carried by the official Saudi Press Agency.
* US stocks fell sharply on Wednesday after President Donald Trump told the country to brace for a "very, very painful two weeks" amid the coronavirus pandemic. * The White House projected that the US could see 100,000 to 240,000 deaths from COVID-19, the illness caused by the coronavirus. * The losses came on the heels of the worst-ever first quarter for the Dow Jones industrial average. * Read more on Business Insider.
US stocks fell Wednesday after President Donald Trump issued a dire new warning about pain ahead due to the coronavirus pandemic. Trump told Americans to brace for a "very, very painful two weeks" during a press briefing Tuesday evening, adding "this is going to be three weeks like we've never seen before." The White House is now projecting that the US could see between 100,000 and 240,000 deaths from the coronavirus pandemic, peaking over the next two weeks. Right now, the US has 189,000 confirmed cases of COVID-19, currently the largest outbreak in the world. As of April 1, 4,000 have died of coronavirus in the US.
Here's where major US indexes stood at the 4 p.m. ET market close on Wednesday: * S&P 500: 2,470.50, down 4.4% * Dow Jones industrial average: 20,943.51, down 4.4% (974 points) * Nasdaq composite: 7,360.58, down 4.4%
Investor sentiment is falling as the impact of the coronavirus pandemic is "maybe starting to hit home for people that had been hoping for better news," Liz Ann Sonders, chief investment strategist at Charles Schwab, told Markets Insider in an interview. The losses came after the Dow Jones industrial average posted its worst-ever quarterly performance on Tuesday, slipping more than 23%. Both the Dow and the S&P 500 also posted their worst monthly returns since the depth of the financial crisis in October 2008, falling 14% and 13% in March.
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....
Mikecyc
46,054 posts
Posted by Mikecyc > 2020-03-14 20:36 |
Post removed.Why?