Yesterday I Thought I better support the Armada price a bit coz dropped a fair bit so key in some coffee money BUY at 42 sen. dunno which feller sold to me as order was matched.
This morning itchy finger I put it as 43.5 SELL so that I can buy more 42 sen..haha
again dunno which feller went and bought my 43.5 sen and even my 42.5 sen BUY also not matched
aiseh .... on hindsight/backsight sold off low
the wonders of the share market ......is always so funny....
Don’t sell don’t sell so low price... Next week Armada’s price probably will be above 0.50 T.p by end of Oct 2021=> break above 0.80 T.p by end of Dec 2021=> break above RM1.50
At this price level most of the Oil majors are making a handsome profit. Any more then this will be a strong booster for recovery for this sector. Current demand supply dynamics look promising to push the price higher.
KUALA LUMPUR (Sept 27): Bursa Malaysia’s Energy Index rose as much as 19.78 points or 2.78% to 731.32 this morning, becoming the top percentage gainer among bourse gauges, after oil prices hit three-year highs. At 10.19am, the index, which tracks share prices of oil and gas (O&G) related companies, settled at 727.82, still up 16.28 points or 2.29%. KNM Group Bhd, which was the most actively traded stock, gained as much as 2.5 sen or 10.87% to 25.5 sen. At 10.19am, the counter had pared some gains at 25 sen, still up two sen or 8.7%, with 73.69 million shares traded. Meanwhile, Bumi Armada Bhd increased by one sen or 2.27% to 45 sen; Perdana Petroleum Bhd grew half a sen or 4.35% to 12 sen. Reuters reported that oil pushed past its July peaks as global output disruptions forced energy companies to pull large amounts of crude out of inventories, while a shortage of natural gas in Europe pushed costs up across the continent. At the time of writing, Brent crude oil had added US$1.26 to US$79.35 (about RM332) a barrel, while West Texas Intermediate crude was US$1.21 higher at US$75.19. ""Supply tightness continued to draw on inventories across all regions," ANZ Research said in a note quoted by Reuters. Rising gas prices also helped drive oil higher as the liquid became relatively cheaper for power generation, ANZ analysts said in the note.
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....
strattegist
23,459 posts
Posted by strattegist > 2021-09-21 14:48 | Report Abuse
good