wah...blood everywhere on contra kaki. I was so tempted to join in this morning. Luckily was pulled away on some matter. Maybe tomorrow morning another opportunity.
at least with the contract in bag it won't crash and with a lot more o/standing bids, can only get better. But judging that it got such a contract in such a short time since reborn shows its capability. will consolidate at 1.50-1.60?
Always remember to Buy on Rumours, Sell on News.. Do not Buy on News announcement as that is already TOO LATE. Let it retrace until a bottom is formed before entering if you think it is still good.
I hope the US tapering process will be delayed till next year quarter. They cant do it right away for fear of deflating prices further, They r only focusing on labour and economic growth which has picked up, but prices are lagging. Any adverse tapering will tailspin the economic back into a deflationary mode.They can ill afford this. As for EUROPE, they have rebounded back on economy growth very strongly this year led by Germany.
Super high PE means SUPRA INFLATED PRICES,VERY LOW CONFIDENCE, SUPER SPECULATION, JUST REMEMBER THE DOT COM BUST, SUPER INFLATED PRICES mean EVERYONE IS VERY NERVOUS TO HOLDING ON as it can DEFLATE AT AN INSTANT, WHEN THAT HAPPENS "Its too Late baby, Its too late, You ain't never gonna to make it BIG, Yeah you will for sure make a BIG BANG FALLING INTO THE DUMPS".
You decide on your Risk profile. You are your best judge. Just answer truthfully to yourself... Don't blame others as if you keep on blaming others , you ain't gonna to learn from your mistakes, you will continue making the same mistakes, You wont make it as an Investor
If you take ownership, there is a god chance you will improve. If you keep on blaming others, sorry you will not improve, you will not learn.
if your yardstick is just based on PE.. you cant ride stocks like MYEG or DSONIC lor.. growth stocks brother..hibiscus is trading at discount based on reserve valuation not pe valuation
ya no need talk pe for hisbiscs. price now we paid is for future. when you see the pe, you cannot buy the stock lah. because already expensive like others.
Don't speculate on hibiscus price and push it to a stratospheric level for poor future newbies to hold!. Price should move when the news of oil findings takes place, and when earnings are captured in the B sheet.and reflected in the EARNINGS PER SHARE (EPS) Then the PE will find its own bearing. Like wht I said earlier, I would not want to touch any stock that I cannot comprehend. .BARAKAH has the contracts and I can feel and touch it and analyze the price anytime. That's the different.
correct! not wrong. But investment also got different types. some invest in stable stock, some invest in growing stock, some invest in potential stock, some invest in wake up stock (such as from pn17).
haha, talk other stock in this forum, ya, we should go back to "hibiscus" forum. otherwise, people go and buy hisbiscus and no money buy barakah, then not fair!
I will go for TURNAROUND Stocks and that means that particular stock had already HIT BOTTOM, Improving Fundamentals(but best fundamental is yet to come) now hovering above bottom and waiting for CATALYST to Drive UP Top and Bottom Line.
This way, the down side is very limited but the upside could possibly be quite if not very Significant.
Next year 2014, I see the Catalyst in the following industries - RSC for Oil & Gas Industry - Water Industry Stocks - GST related IT Stocks - Specific Turnaround Stocks
Please check with your Brokers/Investment Analysts for specific recommendations on stocks as I m still researching..
Did anybody know about WiFi 1 Malaysia implementation in 2014? Which will cover >3000 location Nationwide . Official tender issue out in Jan'14 by MCMC. Cat 1 Malaysia sudah ada..as a result anak najib bertambah kaya. Early next year WiFi 1 Malaysia.. Which company got advantage to secure this project? Will Najib son doing the same things again? Just sharing with you all...it for 2014 forecast..
This could be a catalytic GAME CHANGER to Oil & Gas Industry WORLWIDE in MEDIUM TO LONG TERM. So Stay focussed on LATEST DEVELOPMENT in AMERICA & MEXICO. LIBYA & MIDDLE EAST ROLE WILL BE DIMINISHED IN MEDIUM TO LONGER TERM AS THE AMERICAN CONTINENT TAKES OVER LEADERSHIP IN OIL & GAS INDUSTRY.JUST THINK ON THE IMPLICATIONS & RAMIFICATIONS WORLWIDE WHEN USA IS ALLOWED TO EXPORT CRUDE OIL & GAS ON MASSIVE SCALE??? THINK OF THE POSSIBILITIES WHEN PANAMA CANAL OPENS UP TO ULTRA & SUPRA TANKERS TO PASS THROUGH IN 2015...ALL OTHERS R JUST MICKEY MOUSES...
North America to Drown in Oil as Mexico Ends Monopoly
The flood of North American crude oil is set to become a deluge as Mexico dismantles a 75-year-old barrier to foreign investment in its oil fields.
Plagued by almost a decade of slumping output that has degraded Mexico’s take from a $100-a-barrel oil market, President Enrique Pena Nieto is seeking an end to the state monopoly over one of the biggest crude resources in the Western Hemisphere. The doubling in Mexican oil output that Citigroup Inc. said may result from inviting international explorers to drill would be equivalent to adding another Nigeria to world supply, or about 2.5 million barrels a day.
That boom would augment a supply surge from U.S. and Canadian wells that Exxon Mobil Corp. (XOM) predicts will vault North American production ahead of every OPEC member except Saudi Arabia within two years. With U.S. refineries already choking on more oil than they can process, producers from Exxon to ConocoPhillips are clamoring for repeal of the export restrictions that have outlawed most overseas sales of American crude for four decades.
“This is going to be a huge opportunity for any kind of player” in the energy sector, said Pablo Medina, a Latin American upstream analyst at Wood Mackenzie Ltd. in Houston. “All the companies are going to have to turn their heads and start analyzing Mexico.”
The revolution in shale drilling that boosted U.S. oil output to a 25-year high this month will allow North America to join the ranks of the world’s crude-exporting continents by 2040, Exxon said in its annual global energy forecast on Dec. 12. Europe and the Asia-Pacific region will be the sole crude import markets by that date, the Irving, Texas-based energy producer said.
Exxon’s forecast, compiled annually by a team of company economists, scientists and engineers, didn’t take into account any changes in Mexico, William Colton, the company’s vice president of strategic planning, said during a presentation at the Center for Strategic and International Studies in Washington on Dec. 12.
Opening Mexico’s oilfields to foreign investment would be “a win-win if ever there was one,” said Colton, who described the move as “very good for the people of Mexico and people everywhere in the world who use energy.”
The bill ending the state monopoly was approved by the Mexican Congress Dec. 12. Before becoming law, the proposal must be ratified by state assemblies, most of which are controlled by proponents of the reform. Oil companies will be offered production-sharing contracts, or licenses where they get ownership of the pumped oil and authority to book crude reserves for accounting purposes. The contracts will be overseen by government regulators
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....
DreamHunter
10,922 posts
Posted by DreamHunter > 2013-12-16 16:56 | Report Abuse
How far can this one go, dudes?