So far only Dialog, Bumi, Yinson and Hibiscus are gerating good profit when oil price up. Dialog is sure win with Pengerang, Hibiscus the only real oil producer, the rest of are service companies rely on oil company for job: barakah, Uzma, Perisai, Icon, Alam, UMW, Petra, Carimin, Scomi, T7, many more all are in deep trouble, so the choice is easy, don't buy on what people told you, do you own calculation. Also stay away from oil companies associated with Khazakstan like Sumatec and Reach, too much fishy. Best bet in this oil cycle up will be Hibiscus, next Dialog, then Yinson and Bumi.
remember ICON listed with IPO price of RM1.85. Currently, rm0.155 is so so so far away from rm1.85. ICON 翻身了。discount 50% of rm1.80, ICON ABLE to climb to rm0.925.
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tcs888
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Posted by tcs888 > 2018-06-01 14:15 | Report Abuse
Is it a bn related group ? Then how come even when bn is also dropping ?