Counter too diluted already. Ikan bilis, jerung can only goreng up to a certain extent only. Only institutional investors can do so and they want to see convincing earnings first before jumping on the bandwagon.
Debts will gradually evaporate with new prospect and contracts. Bear in mind, this is commodity business. As prices soar higher, O&G companies can quickly recover margins, as long as they maintain their bottom line costs
if you looking at monthly chart, then u will see what will you get from this counter. Just to change your mindset from trader to investor. No need to look at chart every minutes.
The TP is 16 cent...haha, just to clarify the buy call was have when the price was lower at around 12 cent..so upside limited and foreseen the price remain unchanged to consolidate and flush out KFC shit
Noticed that before covid sapura at least 24 cents and above when the Brent price around 60 usd, currently Brent hits 69 usd but sapura still 0.155, is it superb undervalued? Any idea? If oil price trending to 80,90 even 100 usd what is the reasonable for sapura?
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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....
Nikmon
3,010 posts
Posted by Nikmon > 2021-03-10 15:06 | Report Abuse
Woh, more KFC being flushed out, buy queue remain strong...seems like will closed with unchanged price again