Look at the price movement of today, some big hands keep accumulated at 0.495 - 0.505, plus RNM chief Ahmad Kamarulzaman and major shareholders keep buying the share recently. Obviously, something positive is gonna be announced soon. Additionally,crude oil price is at 2019 high, more contract will be awarded to O&G companies, with the recent appointment of RNM chief, it will definitely added advantage to T7, let's see. 0.5 - 0.505 is a good price to collect.
oil and gas sector had already bottom out with grow. So, just ride through the growth cycle for few more quarters for it to show better earnings as profit is the prime mover of the share price to more higher.
Oil price is higher and stable which will be good for T7 Global and ECRL will call for tender which is also a good start for T7 Global. I will hold tight waiting for news in second half of the year. Just be patient.
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....
Veron_teo
1,492 posts
Posted by Veron_teo > 2019-04-22 18:07 | Report Abuse
back to 3.2?