next week will try 20-24c

brent hits 70, should see reach go to 34c back soon

hibscs, reach and velesto are drillers, drillers are first to earn when oil price up

perdana serve osv to dayang and dayang serve to rig owner like petronas, they earn thru contract and work orders

will not hit 1.0 soon, break 90c good enough

buy 100k shares, every 1c is 1k profit, short trade for 3c already 3k... if you look for short profit

oil price expect to hover above 70 end month, so dont miss the few cents ride in weeks coming

service provider margin lock at contract and work orders but drillers purely based on oil price

check oil chart jan-mar, next qtr will perform better based on the uptrend price

keep dayang but buy more drillers, oil price up drillers will earn first

will touch 33c when brent hit 70

for me going back 30c is jst a matter of time

pearlwhite still wait for 0.10 and armada become PN17 while scomi a PN17 company today up 80%

its not that you need to wait armada to settle all debt to hold this stock, you just need to ride when it rebound

jst buy for the oil price sentiment, fundamentally still not clear

Im accumulating velesto and reach more..
Next qtr earning will be btter than prev qtr for sure

24c can be done in a single day... my short TP will be >30c by mid year

refinance sure will be done.. AK worth more than the debt, bank no problem to offer him

this month sure have show, just wait

have 2 mths to play up and down before the real wave

if really can push no need say target

1.0 have to wait lor, i queue sell .92 for 10c profit

hit my 1st TP
———————
SuperPanda another 1c to hit my short TP 88c
29/03/2019 2:08 PM

with improvement on its cash flow, operating profit and debt can be refinance, with the support from opec on oil price, i cant see why it cannot break >30c this year

for those whom stuck no choice have to hold

now oil almost 70, when oil touch 80 last year, reach hits 50c

bought .305-0.315 looking forward to touch .345 again

today another upside, might see break 33 soon

but good news will come later by next qtr report based on the uptrend oil price from jan-mar

bad news is no good news

its a buy now and sell later, div 2c for 60c share is awesome

im thinking of buying barakah too.. srwak cmpny now keep getting new cntract frm petronas

reach .305 and velesto bought back .285 & 0.29

this month will announce debt refinance, stay tune

this week might have new rally on o&g drillers, dont miss the opportunity

while waiting armada, i bought again velesto and reach last week

traders and fund already trap since 70c so yours 20.5c is a bargain

RI would not be done at this price for sure, if RI required, it will be done when the balance sheet shows better result in cash flow, operating profit and debt repayment

still holding and remain faith in armada, AK will get it refinance, fpso will generating cash and asset monetisation will reduce it impairments..

all doing well together with oil price. no more shorting this counting bcoz anytime news will be out and within a day it can shoot 20%

when acquisition done, additional 1.5m per quarter, this is a growth stock, dont miss it

it was down from all time high to below 50c due to market and ex director disposal, not bcoz of its biz performance

Keep holding till dividend announce, 70c is not a problem, next qtr will sustain above 4m, price will rocket up jst like KGB

by end year if oil price sustain above 60, vele will be >0.4

oil price new high, fund will goreng to 33c soon

next quarter will be better profit, below 30c is a good price

i ve been holding before the qtr result out .235

as long as oil price good, drillers will be good.. common sense investing

but oil price continue uptrend is good sentiment for sure

write back on impairment is not 100% reversal.. impair 1.2b and write back 1.2b..

all o&g have huge debt including dayang and perdana

another 1c to hit my short TP 88c

but the cash flow for sure will be improving contribution from fpso

looking at sapnrg impairment, it is possible another impairment for next quarter esp on oms

if no good news from subsea contract extension and claire, means refinance the only good news left

have to look somewhere else