stronger ringgit, buy!

why the excitement over this stock? While you were busy worrying about whether 70sen would be broken, other OnG stocks like Dayang have already rebounded and rallied.

buy and keep for a year

Downgrade to UNDERPERFORM call. Following substantial earnings cut, we downgrade the stock to UNDERPERFORM with lower TP of RM0.82 (from RM1.55 previously) pegged to lower PBV of 0.4x from 0.7x. This is despite the share price falling 40% YTD as we see further downside risk on: (i) increasing impairment risk for its drilling assets, and (ii) weakening operational cash flows (-RM200m in 3Q18) heightening financial risk (net gearing of 1.26x as of 3Q18) amidst uncertain timing of contract award. Such valuation trades below - 1.5S.D. to its 5-year mean pegged to the trough valuation of heavy asset upstream services players without immediate liquidation risk. Upside risks to our call; (i) unexpected sharp surge in oil prices and (ii) stronger-than-expected contract wins.

Source: Kenanga Research - 8 Dec 2017

PUC will only rise when its renewable energy business starts showing something. As of now there's nothing to be shown, and is duly reflected in its share price...

major selloff tomorrow...

this stock is rubbish... lots of assets but shareholders get burned anyway...

zero dividend this time too

financial result is absolute rubbish

I think what's worrisome this time is bank negara actually had to step in to instruct banks to control outflow from the country. They didn't do this the last time we hit 4.4... And the lack of clarity from BNM isn't helping.

All_Man_Are_Brothers, you got trapped badly?

https://www.ft.com/content/caf2b486-6eb9-11e2-8189-00144feab49a

When mighty China dumps, you better run...

distribution...

well, guess now we know who the real jokers are don't we

@iloveshare128... sigh... you too need to learn how to read or comprehend simple statements.... I never once called those who invested in OnG stocks stupid....

everise, please learn how to read. I wasnt the one talking about whatever achievement in Airasia shares. Seriously you people.....

iloveshare128, you based your case on Airasia alone? that's bloody one sided. Stop being a fool, I could also say look at those OnG counters, they were high flyers once... look where they are now. Seriously you need to stop being stupid by cherry picking your arguments...

haha... when the price goes up.. so many so-called "experts" jump out to say: insiders must have known something that is great... that is funny... if you don't understand the management well, please stop commenting like a child...

see what I did there? yeah you need to stop being stupid too... everyone's free to comment...

This selloff seems abnormal... I'm guessing insiders know of some negative development

Insas for the longest of time has been trading at huge discount to its NTA. Also they've raised cash via Insas-pa which in some ways shows that the listing status is still an important avenue for fund raising to them. I really doubt that privatisation would come anytime soon...

take-over offer at RM2.65... high 5 everyone!

no QA, warrants cannot be converted

lol noob spotted -> xachx

sorry for your 100% loss, speculators...

Jayloh well done with the article. You persented your points clearly and I agree with you. For those bashing Jayloh, instead of insults maybe you guys should come out with some counterviews.

As it stands I believe in 30 days it's RIP to sona-wa, just like cliq-wa.

FINALLY!! guess they're pushing the price up for private placement

What's wrong with Koon writing those articles? Those slamming him simply because of capital loss in mudajaya is plain shallow minded.

malton seems to be gaining momentum

it's moving baby!

no wonder UOAREIT has been creeping up, EPF is buying.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1731453

cut loss on WTK already sigh... earnings not up to expectations =(

sigh... paper loss 1k in this stock. But come on guys, why keep blaming others for your own decisions? That's the way of kids, no one forced you to buy right?

Lol necro, sunway and gamuda have track record and can get things done. If award the projects to tongkat like u gone case la. Everywhere collapse cos all structures supported by tongkats only HAHAHAHAHAHAHA