one of new owner is chairman of oil & gas association he sure vy knowdledge in oil & gas businees & respected guy in this line... otherwise mana blh jadi chairman ma
@komnas - It's a very, very dangerous thing to ask for people's opinion in buying/ selling. Some people could try to cheat you, or you may blame someone if it turns wrongly. I saw your name many times in Sumatec forum already, by now you should already saw many of those type of people in that forum.
Anyway, here's a guidance to help to make your decision: 1- Cut loss - you could try cut loss now, to avoid losing further. Today the price is quite good as it stands above 50 cents unlike previous days in this week. Someone just pushed the price from 0.48 to 0.52 this morning, and I caught a glimpse of it.
2- Wait for it to rebound - Luckily, this counter unlike normal counter, is a counter undergoing RTO. Which means it has a chance to rebound when the RTO is completed. (Refer for the recent GBH rto for example). However, nobody noes what the final price will be, it's a 50:50 risk for you.
DIsclaimer: I'm not responsible for your call in buying/ selling. Trade at your own risk, I'm just merely stating the fact. Moral of the story, always remember, don't chase high if a stock is already high (Last time when they goreng).
bursa masterrrrrrrrr..........................suda penat kolek at 475 jual terus 0.51....now rase mcm mau buat breakdanceeee....hua huah huahuahuhauhauhaua
@ellesse - Thanks ellesse, you too :) @stayathometrader - only have a vague idea, but at least not so fast, I think. @bursaninja - steady on? @komnas - you're welcome!
He was (repeat) was the chairman of MOGSC. The new chairman now is someone ex-PETRONAS, now ED at Sapu-Kencang (oops, SapuraKencana). LOL One can buy and keep for at least few months because I think the RTO is not going to happen anything earlier than Feb-March next year. However, at the current price, might be ok to start accumulating...
-------------------------------------------------------------------------------- erickk one of new owner is chairman of oil & gas association he sure vy knowdledge in oil & gas businees & respected guy in this line... otherwise mana blh jadi chairman ma
As what Zillions said sometimes back: No point try to be positive in this stock now...it's overvalued based on the RTO announced. If interested in CMOG, it'll only worth a bit if the price is 37.5sen. Furthermore, CMOG is just a O&G service company mainly in project management, there are no assets. If really, really want to think something might happen or announce, your call to hold.
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....
stayathometrader
22 posts
Posted by stayathometrader > 2014-09-11 15:50 | Report Abuse
this is time to kolek,later jual, sure huat huat huat huat...