My Trading Adventure
O&G @ KLSE
CP TEH
Publish date: Sat, 09 Jul 2016, 10:33 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Alam : Where is the low now? 30cents?
Armada : AK's counter ...
Coastal :
Dayang : Support at RM1.
Deleum :
Note : Dialog does not up much, so didn't dive much either.
KNM : At strong support of 40cents, technically ... we could buy around 40cents, but MUST cut-loss if going below 39cents. Game for it? I still remember in i3 by a name YungShen1 ... asking them not to HOPE that KNM will go back to their cost price. Don't really know the stories now ...
MHB : Used to be index-linked ... well ... Petronas cut their capex effect?
Perisai : Not shielding anymore as it searching for new low ... this one TRAPPED MANY retailers inside ... and to breakeven by averaging down is strongly un-advisable.
SKPetrol : Not being spared ... but still listed in KLCI. A good trading stock, in my opinion. But ... trade with a CUT-LOSS is a must.
THHeavy : ex-Ramunia ... game is over for this counter. Possible to be de-listed?
Note : Yinson is another O&G related counter which did not drop 'much'. I also do not know why Daya or Pantech being related to O&G?
I may have missed few more ... but as I m not tracking O&G stocks much .. only looking at SKPetrol as leader ...
Sorry if anyone still holding any of the stocks above. Being investors ... or traders ... we do place CUT LOSS. Practice that ... learnt that lesson, and move on to be wiser.
Wait ... crude-oil rebounded to USD40 plus, recently hit slightly above USD50. But .. most of the counters above at LOW? And we still not in market-crash YET?
TEH
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Discussions
Be the first to like this. Showing 8 of 8 comments
MBSB drops almost 70% from it peak to current RM0.70+...so how? Cut loss now or time to buy now?
Will it go delisted eventually, basing on yr 8 years chart reading skill? It seems going down lower n lower? I am worried. Pls help but i dont to want to join yr Cohort 21 or 22....
2016-07-10 07:26
Yes i admitted i am very free and kepochi..but I found some earlier interesting postings of CPTeh for those who are free and kepochi too to read...
http://klse.i3investor.com/blogs/cpteh/70866.jsp
2016-07-10 08:33
http://klse.i3investor.com/blogs/cpteh/72494.jsp
My earlier guess of RM2K per month seems to be still above his actual income I think
2016-07-10 08:39
Tq for yr kind advice but I would still looking for cpteh advice so to have a peace of mind at my end.
2016-07-10 08:54
Many of US O&G counters rebounded almost double from the bottom. But this is not seen in KLCI. I am foreseeing more drop or at least impossible for rebound in 2016.
2016-07-10 19:29
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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....
murali
So Oil n Gas Counters crashed oredi (some more than 70-80% and some may even go burst ecentually I think), what's next? To watch The Big Crash tonight for Phase 2 preparation? Or to refinance yr apartment now to get some capital when crude oil started to rebound, say in 2017?
Yes, certain sectors drops badly from it's peak (Oil n Gas, Property, Banks etc). We all can see from the price charts (history).What's next? Watch Dvd again n again?
2016-07-10 07:22