Petroliam Nasional Bhd (PETRONAS) has formally announced the winners for the Pan Malaysia Integrated Offshore Installation Contract last week. Package A was awarded to Barakah Offshore Petroleum Bhd (BARAKAH; OP; TP: RM1.98);
Petroliam Nasional Bhd (PETRONAS) has formally announced the winners for the Pan Malaysia Integrated Offshore Installation Contract last week. Package A was awarded to Barakah Offshore Petroleum Bhd (BARAKAH; OP; TP: RM1.98); 16/12/2013 10:00
ROUND OFF LAH TO RM 2.00. EVEN ANALYST R GETTING EXCTED OVER THIS STOCK
once the stale bulls and contras are out of the way, the price will gain the right traction. That's why we stay invested and carry on with our daily routine.
people are using the term 'buy on rumours, sell on news', but then they didnt realize that that only happen when the price already high/double when the news out. barakah is the other situation, the price only half increase since listing, the pressure is to make contra player getting out... after that will improve....
now la win, kan gua da cakap, biasa yg jual on news bila price da pg double or triple, ni baru berapa, even if you calculate from day listing, baru half naik.... beli jer, simpan skit, drpd u beli benda bukan2... dont tell that i didnt call buy on this stock....
More 85m shares traded since last Tuesday. T+3 and 4 are this week.Cannot pick up, got to sell off. Selling is well absorbed. This stock moves organically from 1.20, 30,40, 60 - Rm 2.00.
no1 hit & run la...just very heartache let contras player eat all the profit.if i know the announcement will be out, I also wil dump in 85m shares since is a sure win situation. now dunno hav to wait how long to go up till 1.7
if u r trying to hit and run, will get ur pants burnt. Try luck in Genting! The strategy here is to keep the price reasonable enough to flush out the contras and the naysayers, before the stock price moves forward. Remember invest and be rewarded.
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....
prc4wifefe
3,564 posts
Posted by prc4wifefe > 2013-12-16 10:00 | Report Abuse
Kenanga has an even higher TP:
Petroliam Nasional Bhd (PETRONAS) has formally announced the winners for the Pan Malaysia Integrated Offshore Installation Contract last week. Package A was awarded to Barakah Offshore Petroleum Bhd (BARAKAH; OP; TP: RM1.98);