Posted by sayakamiyuki > 2015-02-24 10:36 | Report Abuse

买

Posted by mwong3 > 2015-02-24 14:08 | Report Abuse

Perdana great !!! now forming bullish engulfing, should continue raise on tomorrow

Posted by The One > 2015-02-24 14:36 | Report Abuse

All BUY calls from Public Bank, Maybank, Hong Leong and Cimb..

Posted by derrtan > 2015-02-24 15:18 | Report Abuse

I've been holding Perdana for 3 months with a lot of patient seeing other counter flying....all research had buying call previously but wasn't going anywhere, hope this time will be different. Have high hope on this counter and Dayang.

Posted by The One > 2015-02-24 15:33 | Report Abuse

.. unfortunately.. Kenanga gave a negative TP on Perdana.. that may pose a problem for it to trend upward.. even when its price is already quite low. Hope it can break the very persistence resistance @1.22 today..

Posted by imoogi99 > 2015-02-24 15:51 | Report Abuse

Average tp of 1.87...potential upside.

Posted by The One > 2015-02-24 19:18 | Report Abuse

The chart looks good now.. but its hard to predict the future. Gudluck everyone..

Posted by RichTrader999 > 2015-02-26 09:48 | Report Abuse

buy buy buy time to fly

Posted by RichTrader999 > 2015-02-26 12:32 | Report Abuse

1.65 FIRST

Posted by The One > 2015-02-26 13:16 | Report Abuse

Trying hard to break the persistent resistances @1.22/1.23 for the past few days.. hope successful soon.. coz its getting tired and lower volume..

Posted by The One > 2015-02-26 16:31 | Report Abuse

Resistances @1.22/1.23 absorbed/broken.. well done! Next to break @1.25 :)

Posted by The One > 2015-03-04 10:04 | Report Abuse

Hmm.. stagnant.. and looks like its gonna be turtlish with low volume for some time..

Posted by derrtan > 2015-03-06 16:18 | Report Abuse

what happen to perdana? Why so many selling pressure

Posted by Alex Chong > 2015-03-06 17:00 | Report Abuse

Petronas will cut Capex at least 10%, all O&G counter will automatic gap down >10%

Posted by The One > 2015-03-06 18:24 | Report Abuse

Fortunately still have accumulation despite heavy sell queue (above 8k lots) at certain price for the past 3 days.. if not the counter will be worse. Whether next week onwards can sustain.. unsure.. to be seen.

Posted by The One > 2015-03-09 19:58 | Report Abuse

Hmm.. looks like no more hope for this counter. Everyday drop even with any support whatsoever. Take profit or cut loss if you can. Brace for worse and gudluck everyone. More selling in the making..

Posted by The One > 2015-03-09 23:37 | Report Abuse

Based on the chart, low support volume and poor world oil price performance, expect a TP of about 0.90 by end of this week or next week..

Posted by mililia > 2015-03-10 08:23 | Report Abuse

The One: You ought to have a long term view to appreciate this stock. The selling is not as bad as you think considering what happen on the macro side. Also look at the most recent announcement to see why there is selling. Then look at the total volume and you should know when the selling will be done. It is because of that, I believe is not affected by macro which has affected many other stocks.

Soon people will realized it is temporary and climb back up to 1.20ish until the M&A happens. That's when you will reap huge reward.

Posted by derrtan > 2015-03-10 09:26 | Report Abuse

mililia, may i know what is the announcement?

Posted by The One > 2015-03-10 13:15 | Report Abuse

Mililia.. I AM looking at the long term. Its better to take profit or cut loss now rather than losing a lot of the hard-earned cash later. Better invest in other counters where profits can be made and recover back the losses made in this downward trend counter, if any. In other words, its better to make the correct judgement now and leave the boat or suffer and sink later..

Posted by mililia > 2015-03-11 15:45 | Report Abuse

derrtan: its the conversion of warrants. if one wants to keep the same holding, they should get rid the excess before the conversion of the warrants.

Once the overhang is over, then the share price will re-rate back to 2.20ish. Then just wait for 2-3 months to see some announcement on corporate exercise. that's what i foresee, no guarantee, however.

Posted by Ferisc > 2015-03-11 18:47 | Report Abuse

mililia:how does warrant exercise affecting the share price? There are many call warrant with different expiry date.

Posted by The One > 2015-03-11 19:25 | Report Abuse

Me too.. dont understand.. what conversion? Tot all are cash warrants except for one WA which is not due yet. Today down further 3 sen.

Posted by derrtan > 2015-03-11 19:54 | Report Abuse

I wonder..warrants is also not something new to Perdana...really worry when is the bottom...price almost close with armada now...down for 8 straight days without rebound ....only problematic share does that...if anyone have info, pls share

Posted by The One > 2015-03-12 00:31 | Report Abuse

As I opined before, let this counter go. Its O&G and trending down.. hopeless. There are so many other potential counters to trade out there. Dont be stressed out.. gudluck.

Posted by mililia > 2015-03-12 10:28 | Report Abuse

Ferisc: Don't talk about call or put warrants. Those are punting instruments for punters. In actual fact it has no impact or whatsoever on the mother share. Call and put warrants is just a derivative instruments based on mother share and it is issued by investment banks.

What I am referring to is warrants that are issued by the company. Conversion of warrants that are issued by company will result in higher share base, i.e. more share. If I am the shareholders of Perdana and do not want to have higher exposure of Perdana as a result of the conversion, I will sell ahead first. Then when I receive the converted shares, my exposure remains the same.

Posted by klsetrader > 2015-03-12 10:49 | Report Abuse

Mililia... whats your target price for perdana? since you were saying possibility of M&A. I do feel at the current price of $1.1 and profit potential of perdana, it seems to be a very good entry price.
Anyhow if M&A were to happen, i think it for sure wont hit rm2 bucks right ? hardly get to see M&A at 100% higher offer price

Posted by klsetrader > 2015-03-12 10:50 | Report Abuse

whether goreng or M&A, this counter is a good buy for long term... buy and wait for oil price hits $200 bucks lol

Posted by mililia > 2015-03-12 11:24 | Report Abuse

klsetrader: i only can say if it is sold at 1.6-1.8x book, then it will be around RM1.50-1.60. But bear in mind, this is before the delivery of another 2 or potential 4 Acommodation Working Barge in 2016, which are in demand.

Posted by Ferisc > 2015-03-12 11:54 | Report Abuse

The warrant expires on OCT. The qty of remaining warrant is just about 34million, compare to mother share of about 0.74billion. Even the full conversion occurs, it has only dilute the share base by less than 5%. In this case its has minimal impact on share price.

Posted by Ferisc > 2015-03-12 12:27 | Report Abuse

A systematic queuing and selling. Will lose if no holding power.

Posted by The One > 2015-03-12 13:09 | Report Abuse

Even with good market sentiments today, Perdana cant even go up 1 sen. The selling queues are huge and looks like it will close red and continue its downward trend. My advise.. based on TA and reality, better leave now and recover losses, if any, in many other counters. Later when its price drop to 1.00 or below, then maybe can consider riding the boat again.

Posted by The One > 2015-03-12 13:12 | Report Abuse

Note that with this sliding down price, its normal for all the research houses to come up with new TPs and SELL calls. Just think about it and the consequence..

Posted by Ferisc > 2015-03-12 13:48 | Report Abuse

While most people are panicked, l think 1.1 is a good entry point to buy.

Posted by The One > 2015-03-12 15:03 | Report Abuse

Ferisc.. cant even sell @1.10.. why want to enter at that point? Better 1.09 or lower.. right?

Posted by mililia > 2015-03-12 15:22 | Report Abuse

The One is very technical and definitely someone that is trying to time the market to perfection.

Posted by The One > 2015-03-12 15:51 | Report Abuse

Yes I am and just trying to help. When a counter is on a downward trend, dont hope and hold. Just cut loss, then identify some uptrending counters and recover the losses. If continue to hold.. means the loss will be larger and larger. Remember.. can always buy back later. Learn to let go and never hope or fall in love in a counter. Note that our share market is almost like gambling.. but "halal".. lol.. and fundamentals are already history.

Posted by The One > 2015-03-12 16:14 | Report Abuse

And now trading at 1.07.. and going lower.. with no support whatsoever. Any more comments to add?

Posted by mililia > 2015-03-12 16:23 | Report Abuse

Yes, you are right :-)

Posted by The One > 2015-03-12 16:30 | Report Abuse

Thank mililia. Do remember. I just trying to help with my opinions and experiences. No punts intended. Gudluck! :)

Posted by derrtan > 2015-03-12 16:32 | Report Abuse

Seriously anyone know what is going on? why such a selling pressure?

Posted by The One > 2015-03-12 16:38 | Report Abuse

Sorry derrtan.. I wish I can help but I look more on TA b'coz many of my friends loss money in this counter. Everyone knows the drop in oil prices.. but the continued drop in this counter for the past weeks has been.. yes.. a bit strange.. compared to other O&G counters.. as if a severe news going to announced soon.. (insider news?)

Posted by Ferisc > 2015-03-12 16:39 | Report Abuse

800 more lot will let to go.

Posted by Ferisc > 2015-03-12 16:39 | Report Abuse

Let it clear out first

Posted by Ferisc > 2015-03-12 16:42 | Report Abuse

The one, what you means by TA?

Posted by Ferisc > 2015-03-12 16:44 | Report Abuse

Tangible asset?

Posted by The One > 2015-03-12 16:49 | Report Abuse

Technical Analysis.. based on daily trades, volume, momentum, chart etc.. :)

Posted by Ferisc > 2015-03-12 16:52 | Report Abuse

It has arrived the PE of 9 at 1.08. If it further drop to 1 and below, something unseen is brewing. Good luck everyone.

Posted by The One > 2015-03-12 17:04 | Report Abuse

Remember, whatever I said.. its only my opinion. Observe, monitor and buy/sell based on your own decision. Like I said earlier.. stock market is almost like gambling. I do hope yer all make profit.. maybe later? Maybe some parties causing the panic selling.. who knows, right? But usually dont take this long.. bcoz accumulations by many parties at low prices will make the counter very hard to go up due to profit takings..

Posted by Ferisc > 2015-03-12 17:16 | Report Abuse

1.08 at PE of 9 will be reasonable base on current environment condition and compare with other small cap. With crude price still maintain around US 60/barrel, further drop below 1 could be trigger by hidden agenda. However it is just my guess only.