As long as politically not stable, all stocks will not have major impact in relation to higher oil price. Only if Foreigner equity fund return to bursa then only could trigger the bull run.
I think crude will hit $80 in the near term. Hopefully it stays afloat to lift the entire market. Biggest demand also comes from airline, as vaccination rolls out for travel
Takda kfc lagi kah. Usd 69.60 also no Heng Ong Huat. Like this must pecah usd70 then see how lah. Armada faster than velesto and sapnrg bcos armada only profitable among the 3 OnG ctrs right.. Correct?
I reckon oil price is just one of the manipulated commodity item. Both the Local fund institutions and retail investors are in defensive mode to fill the gap left by the foreign investors.
New directors and ceo consists of professional and experience individuals from top ong companies, petronas, shell, tehcnip. Given time they will surely pan out ways for sap to thriveeeee
Folks. Not only local O&G stocks. The global O&G stocks are pacing gradually also. It will take some time, as operators and services providers are accumulating cash
yaya back to fundamental for a company is their revenue, profit and projects (indirectly influenced by oil price). As long as oil above 60 usd, sapura will not bankcrupty!
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....
cashflow
3,642 posts
Posted by cashflow > 2021-05-05 07:30 | Report Abuse
All in Sapura!