Bidings for new project, new shareholders Samling, improve operational efficiency and other measures plus higher oil prices should see it improve its finance in the coming year. AGM on 27 June, buy and attend AGM to question their way forward
So far only Dialog, Bumi, Yinson and Hibiscus are gerating good profit when oil price up. Dialog is sure win with Pengerang, Hibiscus the only real oil producer, the rest of are service companies rely on oil company for job: barakah, Uzma, Perisai, Icon, Alam, UMW, Petra, Carimin, Scomi, T7, many more all are in deep trouble, so the choice is easy, don't buy on what people told you, do you own calculation. Also stay away from oil companies associated with Khazakstan like Sumatec and Reach, too much fishy. Best bet in this oil cycle up will be Hibiscus, next Dialog, then Yinson and Bumi.
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....
carilembu
1,249 posts
Posted by carilembu > 2018-05-21 11:01 | Report Abuse
reached bottom. Uptrend onwards...