B patience , waiting good chance + good price b4 oil output cut effected 2-1-2017 . Will rebound after new year , b4 incoming president , crazy Trump takes office on 20 Jan 2017 . Sell within that period , acquire within this good opportunity !
@no3no4 : i hope you did not lose really so much money...
but there is one rocket guy here keep posting rocket comments all around i3 forum. really hope no more guys like you being affected and buy based on rubbish comments from this forum.
note : i bought at 0.51 but not based on his comments and regret after bought based on few quarters performance and i already push you guys not to buy at this/that moment.
then when to buy ? when you see good net profit. ( don't fool by estimated ! )
why ? because with revenue around 3~4 hundred millions for 幹你嗎, only earn 1-5 millions and that is ridiculous.
finally want to let all of you guys know why you have perception that this counter is so low(in fact is not) compare with others related oil & gas counters : see the shares issue : 2,156,132,642
Negative flow most of the time and that why knm got a few cash calls (right issue) which shows them lack of cash (cash in account maybe from Borsig which cannot touch). Borrowing is too high and the earning may not even enough to pay interest. Too many oversea investments which maybe hard to manage.
Those who held from ceiling price until now , What to afraid buying from rock bottomed price, At the mean time , investors and analysts were Callind 'Bull' for O&G sectors !
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....
callme777
1,586 posts
Posted by callme777 > 2016-12-27 10:46 | Report Abuse
Something is wrong. Seller is selling big