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2020-08-23 19:58 | Report Abuse
I heard there is a big group of investor who previous invested a lot at AIRASIA, decided to move their fund to penny O&G counter, as there need a fast way to recover their lost in AIRASIA before the year end.
Based on their study, O&G could be the sector that have the most potential, as the demand for O&G has recover. For China, the demand for O&G has back to the normal level before Covid, so they foresee same recovery will apply to other countries as well. So now is the right timing to accummulated O&G stock.
M&G, being one of the cheapest O&G player, has the most potential to gain a lot in term of %, reason being:-
1) It is dirty cheap (7sen), easily can gain 100% or 200%.
2) Its debt restructuring scheme has completed, meaning it wont facing any debt problem / default loan in next 3-5 years.
3) All this while its loss making is due to high interest. After this debt restructuring, it will save a huge portion on interest expenses.
4) Bank agreed to converted RM150mil of loan into share @ RM0.10 per share. Mean, now bank are their shareholder, and bank is paying RM0.10, while you can get RM0.07.
Please imagine, you are running a company, and your company borrow RM1 mil term loan from Bank. Now, you have no enough money to pay loan, instead of bank sue you or force sell your property, bank offer to convert the loan become share. Mean, bank will become your shareholder, your term loan will convert become paid up capital. Mean, you no need to payback to the bank anymore.
2020-08-23 02:49 | Report Abuse
Just hold, this company sure will back to RM1 above.
2020-08-22 15:20 | Report Abuse
hopefully can limit up.. This year so many counter limit up, but none of my counter limit up.
Hope Hextar can be one of it.
2020-08-21 18:25 | Report Abuse
Wah, first in the lifetime that Panamy is making loss.
Can't imagine what will happen to GENTING AND AIRASIA.
2020-08-21 10:05 | Report Abuse
Mikey Mouse caculation tak boleh pakai lah.
Always copy paste the same thing.
2020-08-21 10:02 | Report Abuse
No choice lo, boss donwan to push.
How hard we push also no use.
2020-08-21 00:29 | Report Abuse
Tomoro I queue sell 100,000 shares at RM0.975, hopefully it limit up
2020-08-20 15:33 | Report Abuse
If you compare Sanichi with Luster, then u will know which is better.
Luster is the most potential penny stock, in term of quality and capability.
2020-08-18 23:45 | Report Abuse
Superlon Holdings surged higher to challenge the RM0.835 resistance level. With the momentum indicator RSI pointing upward, coupled with higher trading volume, we foresee that it could continue to travel towards the short-term target prices of RM0.895 and RM0.935. If it fails to trade above the resistance level, expect a sideway consolidation movement. In this case, the downside support is marked at RM0.785, whereby traders may exit on a breach to avoid the risk of a further correction
Trading Call: Buy on breakout RM0.835
Target: RM0.895, RM0.935
2020-08-18 23:15 | Report Abuse
Dont doubt, everything is possible.
Is just timing
2020-08-18 23:14 | Report Abuse
I am not greedy, 25sen enough d
2020-08-18 19:27 | Report Abuse
TDM... TDM
Would you show us your strength this month?
2020-08-18 19:26 | Report Abuse
yongch, becareful, it might break new high soon.
I can't wait for 0.03 d, I have start collect d.
Wish me good luck.
2020-08-18 19:23 | Report Abuse
This counter is controlled by someone.
It can limit up, also can stay stable.
But if it want to limit up, it can achieve it immediately within few minute.
2020-08-18 19:18 | Report Abuse
Yes,Superlon result is supergood
2020-08-14 17:50 | Report Abuse
Yes, continue to buy, the lowest the better, this is diamond
2020-08-14 17:05 | Report Abuse
wait until RM4.80 only come in comment
2020-08-14 15:18 | Report Abuse
When share price RM1.30, we buy 10 lot, then earn 50% take profit.
When share price Rm3.00++, we buy 20 lot, then earn 30% take profit
When share price RM6.00++, we buy 20 lot, then earn 80% take profit
When share price RM17.00++, we buy 20 lot, then earn 10% profit
When shar price RM19.00++, we top up another 10 lot, still hold
When share price RM22.00++, we top up another 10 lot, still hold
When share price RM19.00++, we top up another 10 lot, still hold
When share price RM18.00++, we top up another 10 lot, still hold
Now share price RM17.00++, we not sure what to do d...
2020-08-14 15:13 | Report Abuse
物极必反。
After 3 month, will everything back to square? In term of market cap:-
No 1 still Harta
No 2 still Top Glove
No 3 still Kossan
No 4 still Supermax
2020-08-14 14:29 | Report Abuse
trust OTB, I will wait at RM15.68 level
2020-08-14 14:28 | Report Abuse
yongch dream come true d, tp 0.03 is coming... Hooray.
After buy at 0.03, wait another 1-2 year, it will go back to 10sen again, every 2 year earn 300%, good idea.
2020-08-14 14:12 | Report Abuse
supermax no longer max.
Its superior result cannot save the entire bursa.
Eveything back to normal
2020-08-14 14:10 | Report Abuse
spring got spring, can jump higher than other
2020-08-14 14:10 | Report Abuse
superlon make my neck long... haha
2020-08-14 13:34 | Report Abuse
Good, conman stock... haha
Very hard to become business man.
2020-08-12 13:34 | Report Abuse
Ya.. I want to become top 30 shareholder in dato ong company, this guy is so smart, having him to run the business, I feel safe.
2020-08-12 12:51 | Report Abuse
U look at 5 year chart..
AMWAY 5 years ago is RM10, now RM4.80
CNI 5 years ago 7.5sen, now 9sen.
I know AMWAY is big, but in term on investment, it is lousy. you investment loss 50%
I know CNI is an ugly duck, but this ugly duck triple your investment within 3 months.
2020-08-12 12:47 | Report Abuse
haha yongch, you must be invest a lot in AMWAY.
Luckily you got CNI gain to cover the lost in your AMWAY.
So you should thanks CNI, it is the company who help you to make money in your investment.
2020-08-12 12:45 | Report Abuse
accumulate more, share price drop i wont cabut, I only cabut if the company quarter result is not as per my expectation
2020-08-12 12:44 | Report Abuse
accumulate more... Share price drop I wont cabut, but if financial report come out is bad, then i will cabut...
2020-08-11 23:35 | Report Abuse
Target price is RM0.225
2020-08-11 23:34 | Report Abuse
Bank are willing to convert its outstanding debt to RM0.10 per share.
Why you are not willing to invest RM0,075 per share?
Do you think bank is stupid?
As a 20 years investor and businessman, let me share my opinion to you.
For investor to invest in penny stock, the most worries thing is the company went into bankrupt, that mean your share will be totally gone. 2nd, we worry it will call for right issue; 3rd we worry it will propose consolidation of share.
For M&G, first we no need to worries it will went into bankrupt, why? Because bank is her creditor, if bank know this company will bankrupt soon, do you think bank willing to convert its debt become share in this going to bankrupt company?
Second, right issue. Once its has completed its debt restructuring plan, M&G will have no problem to meet its monthly debt obligation, so no need to call for right issue. Since the fleet utilisation is still consider low (around 70%), very unlikely it will call for right issue for business expansion.
Third, as bank will become its biggest shareholder, I believe bank will not agreed to any proposal to consolidate the share, because share consolidation will always harm its existing shareholder, especially for the bank who subscribe the share based on RM0.10, which is almost 25% above its current market price.
So, I oredi put my money into your pocket, it is up to you to decide whether you want to keep it, spend it or ignore it.
2020-08-11 23:22 | Report Abuse
Compare to Amway, you will realise CNI is a gem.
Although Amway famous, but it too old style d. The huge distribution network and worldwide membership make it very difficult to adopt to new changes.
But CNI is different, it can make changes very fast to adopt to the new economy challenges.
Thumb up for CNI
2020-08-11 23:19 | Report Abuse
Today missed.. tomorrow will come back.
2020-08-11 23:18 | Report Abuse
Today supermax not limit up, that why Superlon went down
2020-08-11 12:00 | Report Abuse
Yes, overvalue.
Better to invest in Hextar.
2020-08-11 01:59 | Report Abuse
Because Texchem, Luxchem, Samchem, Ancom, Nylex, Imaspro, Hexza all go up like crazy d.
Left Hextar still still hanging at 72sen... If based on current market sentiment, plus Hextar strong fundamental, Hextar share price should be at least Rm1.70.
So, Hextar should have limit up 2-3 times then only fair to its investor.
2020-08-11 01:50 | Report Abuse
CNI is doing very well during MCO.
The 2nd quarter profit will be quite ok, at least it May & Jun sales has covered its loss in April lock down.
And 3rd & 4th quarter will go even higher.
2020-08-11 01:43 | Report Abuse
Leon Fuat is the real G.E.M in steel industries.
TP is RM0.76
2020-08-11 01:42 | Report Abuse
tomorrow push kaw kaw... +0.025 minimum
2020-08-11 01:15 | Report Abuse
If tomorrow supermax limit up, superlon will limit up also, coz both name got super.
2020-08-10 22:18 | Report Abuse
Tomorrow Hextar will break new high
Stock: [HEXTAR]: HEXTAR GLOBAL BERHAD
2020-08-23 23:04 | Report Abuse
10 more hours before limit up