testing 1.04 support

for those who have holding power, you should consider to keep till WA expire.

agree with Dan Iel, somebody intentionally pushing the price down before WA expire. expect to break 0.60...

buy and then sell before T+3. this way, you do not need money to buy.

in the past few weeks, the selling queue volume has been signigicantly higher than the buying queue. it is balance or reverse now.

excelyou, where do you get the information about HK fund manager accumulating this stock? can share?

it is holding above RM1 after T+3, form support at 1.04. good luck!

Acquire FPSO vessel from its own major shareholer Ezra Holding, why?

RHB research initiated new coverage for Perisai, TP 1.47 based on PER 13x.

if US job rate at 7.8%, perisai price may down to 0.12. it's the *jobless* rate drop to 7.8%. :)

price move is not surprising, but i'm surprised by the volume. without major annoucement, yesterday 11M shares and 10.8M in today morning session. besides ocbc, who's buying? big foreign funds won't touch small cap like this.

i like FA from kcchongnz, but i don't necessary with him all. anyway, i don't hold any of perisai stock.

1. RHB made similar comment, and what happened? an interesting blog about such comment:
http://malaysiafinance.blogspot.com/2011/04/over-eager-reporting-and-research.html
2. agree with you.
3. the first half of 2012 is doing well due to contribution from MOPU. if Perisai is repeating the result in the second half, the stock is trading at PE 8.5x; versus average of 20x in the O&G sector. after applying small cap discount, 8.5x is still attractive.

kcchongnz, why this is not a good company? I will respect you if you can point out what mistakes do the investment banks make.

broke above 50 MA, ready for the next upleg?

AMMB downgraded it though

forward PE is low, but net gearing too high.

no dividend

it is, with healthy volume. i'm in. :)