4pm oil price in technical rebounce, now continue in downtrend.
Today touched new lower price 6.05 after gap up on 20 Sept, this is because oil price drop.
If oil price continue drop tomorrow u will see it will touch new lower price.

TA apa macam, KLCI up right?
Why share price same?
Betul-betul teruk lah, TA ni.

Same lah, Market up share price same.
Later market down price will down lo.
TA lausy 1.

What when market up TA tak ada up, when drop 1 week only the price drop so much.
Really tak boleh pakai liao.

MIDF research set Vivocom target price 0.40. Is MIDF needs back up Vivocom?
Research of analysis can trust?

Prepare through management teruk busuk in AGM lah.

0.60 soon, propose give special dividend to share holder lah.
Faster!

At 1st management propose 10% additional shares as pp with price 0.45, the share price should maintain in 0.50 with 10% discount for pp. In 1 day show only, then slowly drop to 0.415-0.430 and 62m shares of pp done with price 0.385(not 0.45). After that no news for another 84m pp.
If North Sabah EOR can produce 7000 bbl/day. How come another 84m shares pp no buyer? Maybe the acquisition interest changed(% reduce) or acquisition failed already.
Will not get in this counter.
Wait and See.

没有确定的信息，绝不乱进。
对沙巴北部的计划有所保留。
等确定的信息才来进，赚少好过大亏。

Management have to do something like give dividend of (20-40% of earning) per quarter ma, like that can boost up the share price ma.
Aiyo! TA banyak teruk lah.

If want to prove Sabah EOR Acquisition well, at least show us another 84m share pp have done la.
Look like not need to prepare USD25m for acquisition 1.
Once North Sabah EOR acquisition failed, prepare stay in HibisCave.

84m shares private placement will continue to sell or not?
Why? No buyer meh or some thing happen in North Sabah EOR?

@erkongseng
虽然连续六个季度取得净利，当是赚副超低。
下个季度如比较YoY，将不堪入目。
多个季度表面赚钱，但是都是私配得来的。
严格来讲没有一个季度EPS超过0.9分的赚副过。

Kena attend AGM, buang management telur busuk liao.

Lauya punya stock, lebih baik unlisted lah.
Untung banyak duit pun tak naik.

Shit counter!

No hope liao.

Steel stocks today lai liao. lai lai lai Huat la!

Financial Report remain positive, low PE.
Steel price still good can make money.
Hold and see how?

Teruknya TA, make money can't go up.
lose money confirm down.
Tak boleh pakai punya counter.

if want in don't put all fund in reserve some fund better.
Big shark may collect the shares since 0.410,415, ... 0.470.
Once bad news announced all investors enter above 0.60 have to jump boat liao.

Once Sabah acquisition plan changed or announce acquisition failed.
How many investors stuck in?

Announced acquisition Sabah EOR on 29May, with condition let Sabah Shell Petroleum having 1 month to evaluate the final selling price.
Estimate SPA date : 29 June ( T + 3 months + 1), standard agreement.
So T + 3 months should be 29 Sept.
Is another 84m pp done? Is Hibiscus announced any application of loan approved?
Is Sabah EOR acquisition plan changed?
Waiting another 84m pp done news out and get in better.

Back to downtrend again

Wind direction turn already. haha ... .

2 years QR all positive profit. Look like OK ma.

Sold in cheap price? Cold rolled coil and Steel pipe market price no good meh?

TA tidur lagi.

Since North Sabah acquisition required USD25m.
With current cash condition, this company got posibility North Sabah Acquisition not success hide in behind.

With current 62m PP done with 0.385 (cash : RM23.9m) and Cash and bank balances 54.5m.
Total cash : 78.4m which is not enough cash to do North Sabah acquisition.
In this case only get in once news for North Sabah confirmation success come out.

0.660-0.680 again.
Boring Counter.

Without North Sabah confirmation success, current oil price only can support share price to 0.50 max.
Still have ~84m shares PP haven't done, got enough money to acquired North Sabah?

Profit make 1 year already, still believe continue make profit will increase the share price?
Show us 1.00 1st lah.

@wonghs linear calculation needs some cost adjustment (assume cost of sale USD40).
140 - 40 = 100 earning, 2.74
50 - 40 = 10 earning, then price 0.27 nia.

@Johnfatt me too.
but from this stock history, normally it only have 1 day gap up after that slowly turn back.

Shit! Down again.
back to 0.66 - 0.68 range.
lousy stock.

Jatuh longkang。

TA! Please wake up.

TA! TA! Tak boleh pakai punya stock.
Sleep again.

So hard to touch 0.70 meh? No hope.
Lousy TA!

Lausy TA, price get back to 0.68 liao.
Can consider sell & put the money in FD liao.

Please touch 1.00 this Friday lah, too soft already.
Need Viagra to boost up?

I go to other counter few rounds already, Vivo still in 0.125 - 0.135.
Promoters still keep saying buy, coming and up.
Then? Really Up?

Macquarie banyak pandai, buy pp slowly with discount 10%, later sell its batch by batch let investor to adsorb its in market. Promoters will ask you continue buy don't worry.

Some research said fair value 0.85 and target price 0.95.
If continue rugi for this rugi king, i think 0.50 pun boleh dapat lo.

Hope tomorrow close in 0.70, really can't tahan liao.
Very slow moving.

@godhand
whos harry?

i thought it was leoting and another dude. i bought ssteel at 1.66 because of his input.

Harry Sifu facebook:
https://www.facebook.com/harryteotybjb/

He already mention what SteelRun wrote in i3 is not true.

【关于钢铁股的澄清】
笔者有几位朋友在钢铁领域研究颇深，因此笔者本身有买了少许钢铁股，不过在钢铁领域的研究实数皮毛。真正专研钢铁领域的是LEOTING,笔走随意，以及几位Blogger。
而且其中一位好友出席过ANNJOO的AGM遇到Leo Ting，他对他在钢铁领域的功课非常推崇，笔者也深感认同。所以这位笔者在此澄清SteelRun说笔者说Leo Ting的分享不好，这都不属实。
此外，钢铁价格走高导致长钢公司获益，这是大势也是市场都看到的。因此“安南狮马”这四家公司都是最近的大热，市场也都知道。
笔者认为这位SteelRun应该是很讨厌笔者，所以在钢铁Forum插插插笔者够够力。笔者对钢铁股的分享是根据钢铁价格以及中国冬天限产令所推测，大家也要明白股票投资是有风险的。
所以笔者每次都会申明:
以上纯属分享，买卖请自负。
Harryt30

Consider to sell liao, put the money in FD better.

@Keith 0.66 - 0.68. Correct!
Boring counter.

厉害咯，请继续吹！
不是已经有1.8b project在手吗？
每一季营业额100m, 可达18个quarters叻.
为什么最近3季都不达100m?
请继续把这粒老千股吹上天！

yeah! up 3.03%.
Hope can up 3% every day.