Sapura Energy Bhd has secured a new credit facility for up to RM700 million to finance working capital requirements, in light of the gradual recovery in the energy sector.
Higher expenditure around this year hopefully can generate higher profit especially during higher oil prices..... SAPNRG can generate profit if oil price is higher than USD 55 and above. It production oil is price is between USD 47 - 53 per barrel.
Big sharks wants your tickets at lower price. Even if Sapura price falls, don’t let it go, they will grab it quickly for their gain before big push up.
Not sure big or small fund, sellimg pressure so high last week but still able remain at 0.15...definitely big money supporting else it already go back 0.13 cent.
The issue with all retail traders. Is short term mind set. Like I said, you could have bought and sold for few cents profit. Once price at 25 cents or 30 cents, later don’t regret for losing that previous ticket at 15 cents or 14 cents.
A BIG TQ for the advice. When I sold at 0.130, my average was 0.105 that I collected since it was 0.0900 > 0.110. Now, my average is 0.127 after I added another 200k shares at 0.150 last week.... I am trying to piggy ride on the Funds movements from my studied observations.... All of us trade in different ways and you could be right... Will it uptrend to 0.320 starting from next week. We have to wait la.... But, on Monday, if it goes to 0.140, I would certainly buy another round.
I have 5.5 mil at 0.105. keep it since June 2020. I dont want to repeat my mistake on Pharmaniaga. before this, all my money at Pharmaniaga but I sold all earlier June last year at profit 30% because I read a lot on KFC group analysis and then decide to pump my money at AirAsia. Missed my chance to triple or quadraple my money at Pharmaniaga.
I underestimated this pandemic and decided to move away from travel stock, they are too volatile and the entry level is not good compared to Sapura.
I sold all my AirAsia in loss around RM 60k. Then put my money all in Sapura.
Just need to keep away from KFC group because they are short term trader. Now, set my mind as investor and found this Sapura as the best stock with low risk and high return. Now, alreadt profit around rm250k and i don’t want to sell below than 0.3.
Buy at 0.14 and wanted to sell at 0.16..lol, then intention is to flush out as much as KFC shit. Sell at 15 lah..later big fund dont want to support at 0.15..better sell to collect your 3-5% profit now
US 10 year bond YIELD Spike high .Expect local and foreign funds money would flow out in big cap and mid cap stock because everybody scare buy high losses money . This month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling stocks for make money so now no prospects cannot buy and hold.High debt company cannot hold ,high prices stock cannot hold .
Someone just keep collect at 15cent since last week, should close to 5% by end of this week, maybe next we will have new substantial sharehoder soon, EPF??
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 > 2021-02-26 16:23 |
Post removed.Why?