3 to 6 months from now AA will still be losing Big money! But don't worry, the more money AA loses the more speculators will buy this stock.

At the moment I see more risks than recovery in AA.

The USD 9 million would probably be used to finance its future losses.

If u r still holding AA shares or waiting for the right time to buy AA shares, u should watch the video below (in youtube).

https://www.youtube.com/watch?v=uEujpzpuGbA

Very good explanations given concerning AA's potential as well as risks from a professional financial planner's view.

Here, in Malaysia, the stock market "bubble" is not getting bigger but many people's marbles are getting smaller..... hehehe!

@apolloang, I think stock market everywhere is the same (crooks everywhere) especially in the U.S. but the difference there in the U.S. is they managed to keep luring foreigners to put their money there bcoz the U.S. Federal Reserve keep pumping trillions of USD into the U.S. stock market & making the U.S. stock market bubble getting bigger & bigger!! Well, the bubble can't keep getting bigger forever.... it will definitely burst one day (soon).

When we put our money in the stock market, we must know that we are swimming among sharks & killer whales (all kinds of crooks with different names). While we do not have as much capital money as these crooks, we should be at least as smart as them.


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apolloang: whole financial system in msia is all under corrupted crooks.from bursa to sc to ib's to broking firms,all are crooks.they dunno how to lure foreigners invest in msia just know how to pump and dump and makan ikan bilis money
15/08/2020 12:28 AM
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SinGor, It doesn't matter whether I'm a small fish or big fish but your judgement that I was a Sored loser was baseless. I knew what I was writing. I never claimed to be a big fish and I never claimed that I got any info from BB. So, please don't throw more judgement about me. If it hurts u so much to read my comments then I'll reduce the frequency of posting here.

@SinGor who was quick to call me a Sored loser when the priced touched 11 cents briefly (because of what I wrote below last week)...... please note that the price is back to 9.5 cents as I have predicted.

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risktransformer: Despite the huge volume traded at 125 million shares, the price only moved up & down half cents (0.095 to 0.100). If u were to Q buy at 0.095 u may not get to buy it. If u were to buy at 0.100 then u have to sell it at 0.105 to make a small profit but your Q sell at 0.105 may not be carried out. If u wait a few days longer to sell at 0.105, by then the price may have gone down to 0.095 or lower.
21/07/2020 5:37 PM
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@maxcore, based on the company's latest financial statements, it should be sustainable in the medium term (within next 5 years) but over the long term it's difficult to predict (many variables involved such as crude oil price, other forms of renewable energy competing, etc.). It won't become a Pn17 company in the next few years because it has an annual revenue of RM6.4 billion (hence, it is a going concern) and the company is solvent (solvency ratio 0.58, i.e. total debt is only 58% of total assets). The recent QR showed that the company is beginning to be a little profitable.

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maxcore Can this counter sustain?. Possible that it goes to Pn17?. Scary..any sifu can advise?
24/07/2020 10:30 AM
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Waiting (Q buy) at 9.5 cents. No hurry to buy back. Breaching 11 cents at this point highly unlikely. Today likely to close at 10 cents. Trade at your own risk. Good luck everyone!

Super low volume today (only 15.7 million traded).... an indication of Big Boys dumping hundreds of millions of shares at high price over the past 2 days since price did not breach 11 cents despite the huge volume traded on those 2 days.

Closed at 10 cents (below my optimistically predicted 10.5 cents). I did not get to buy back at 10 cents (not matched) though I Q buy from 10: 00 a.m., no regrets & I'm happy about selling at 10.5 cents. I still think it's risky buying at 10 cents. The 4 times it briefly touched 11 cents today looks a bit like a trap for those chasing to buy at high price. BTW, it still haven't breach 11 cents (that 7% probability I stated earlier).

Volume traded is already 571 million now. I have placed order this morning to buy back at 10 cents just in case some of u may be right about the price breaching 11 cents & move higher.

@SinGor, I started buying SAPNRG around 3 months ago (or more) from 7.5 cents, 8 cents to 8.5 cents and sold some at 9 cents (2 months ago) then sold some again this morning at 10.5 cents. I still have one last batch to sell...... what do u mean by "missed boat"? I was in the boat earlier when the tide was low (at 7.5 cents). I don't mind not making more money if this stock were to shoot up in price to 20 cents (let the late comers make some money out of it).

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SinGor Missed the boat----risktransformer. All your writings since yesterday saw a Sored loser. 60days charts, Sell lah before crash.....you have No stock. I saw Right thru. you bcos there Millions like
you in Bursa everyday
22/07/2020 10:48 AM
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The price will likely close at 10.5 cents today. Good luck everyone!

Goreng stock must quickly sell to take profit.... otherwise will be stuck when price suddenly drop.

Volume trade already 121 million, Q sell 70 million...... hmmm (what's up)?

Sold some at 10.5 cents.

Hehehe..... see can breach 11 cents or not?

Despite the huge volume traded at 125 million shares, the price only moved up & down half cents (0.095 to 0.100). If u were to Q buy at 0.095 u may not get to buy it. If u were to buy at 0.100 then u have to sell it at 0.105 to make a small profit but your Q sell at 0.105 may not be carried out. If u wait a few days longer to sell at 0.105, by then the price may have gone down to 0.095 or lower.

@JJchan, your comment on "PNB + GLC will goreng their majority owned stock" is an interesting speculation (I like that to happen too) but many government institutional funds (EPF, PNB/ASB, KWAP, etc) already lost RM10 billion to RM15 billion a few months ago when PH collapse & PN took over. The question is.... will they take on more risk? (goreng means taking exceptional risk with the hope of making exceptional profit in a short time).

@IronShirt, based on the last 60 days' closing prices (and projecting it to within the next 60 days), the probability of SAPNRG breaching 11 cents is less than 10% (could be around 7%). Though the price hit 10 cents today and it is very tempting to think that it would hit 11 cents soon.... the last 60 days data showed otherwise, i.e. it is unlikely to breach 11 cents within next 3 months (it is possible as indicated by the 7% probability but there is 93% unlikely to happen).

For those who aim to make contra gains (like buying at 9 cents & selling at 10 cents), your chances of winning is around 20% (that means 80% chance of getting stuck at 9 cents or selling at a loss). Trade at your own risk (u don't have to believe my comments).

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IronShirt JJchan must breached 11cents to move forward (stucked in 9cents too long )
08/07/2020 3:08 PM

JJ, Sap still stucked at 0.09. Any guess from your chart sap will breached 11 cents
17/07/2020 2:31 PM
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Move like turtle.... up half sen = +5%; up 1 sen = +10%; and then down again, hehehe!

This morning's price artificially press down only, now & in the afternoon the price will be up again.

Becoz many people already lost a lot of money in this counter..... so they are afraid to buy it, hence very slow to move up.

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escanor999 Why this counter not as good moving as others
18/05/2020 4:40 PM
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10.5 sen wall getting thinner..... if not break today then maybe tomorrow.

Hehehe..... interesting argument here.

Good to hear that, Paktua73. U r really doing well holding AA at such low average price (must be holding lots of shares to get such low average price).

Hehehe..... today will be another good day for SAPNRG.

Paktua73, u r still here in SAPNRG? How about AA? R u still holding AA?

Don't worry, TzuYin84 ...... our money is not only in this counter, we are in other counters too but at 0.085 or 0.09, this counter is a little attractive not to be in.

Glad to see u too, i3lurker. Now a days it is really hard to make money from the stock market.... but can earn enough to pay monthly bills & buy food good already.

When it dropped to 6.5 sen I waited to see if it would drop to 5 sen but when it was clear that it wouldn't drop further I started buying at 7.5 sen, 8 sen & 8.5 sen but sold back some at 9 sen.

Hahaha!! Government employees no pay cut.... got special monthly aid & raya bonus some more.

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Godofgambler Bodoi...almost all companies pay cut salaries...
Who wants to donate like Santa Claus..?
17/05/2020 1:27 AM
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As I said earlier, PH was not a bad government. They have good ministers in their cabinet with high ideals. When LGE & Tun M said they needed at least 3 years to turn around the economy, I was so full of hope for Malaysia.... but unfortunately PH government could not last even 2 years due to disunity and in-fighting. Some people blamed the Azmin & Muhidyin's gang for PH's collapse but the fact is that they were part of PH; their bad behaviour were PH's bad behaviour too. I was a supporter of PH (still is... of what remains with PH) and I don't like what Azmin, Muhidyin or PN did to PH government but that is none of my concern. What concern's me here is how the government's actions and policies affect my rice bowl in the stock market.

Don't follow Warren Buffet blindly..... he had to cut-losses after losing USD 50 billion in the first 3 months of 2020.

https://www.cnbc.com/2020/05/02/warren-buffetts-berkshire-posts-record-net-loss-of-nearly-50-billion-on-coronavirus.html

If u don't have USD 50 billion losses like Warren Buffet then u don't have to follow what Warren Buffet did in selling of all his Airlines portfolio.

A few months ago when the price was around 0.25 it was difficult to profit from the daily half or 1 sen up and down movement in price bcoz that translated to only 2% or 3% profit but after deducting commission would easily turn into losses.

Now, the price is around 0.08 or 0.09 so that when the price move up half or 1 sen that translate to 5.6% or 11.8% profit and after deducting 1% commission would still leave u with 4.5% to 10% net profit.

PH was not bad but their actions and policies were very damaging to the Malaysian stock market. B4 PH won, the KLCI was 1,895.18 (on 19 Apr 2018) but after PH collapsed the KLCI dropped to 1,219.72 (19 Mar 2020)....down 35.64%. The KLCI chart was downtrend throughout the 23 months when PH was government. After PN was formed & Tengku Zafrul became MoF the KLCI shot up to 1,412.12 on 20 Apr 2020 (that's up 15.86% in 1 month from 19 Mar 2020).

Share traders do not buy and hold. They may buy 10k at 8.5 sen (a few days ago) and sell today at 9.5 sen. Sometimes they have to hold their shares longer (like 2 or 3 weeks).

Share trader come with different sizes.... can transact 1k, 10k, 100k, etc. depending on your own capital & how much u want to make or can afford to risk.

This counter share holder sure cannot make money..... but share trader can make money bcoz if it moves up 1 sen (like today) the trader already make 11.8% profit.

Wah! Victor Yong, are u working for AA as a sales promoter? Any way, looks like AA share price is beginning to fly (slowly moving up a bit).

9 sen wall gone! Looks like sharks attacking the 9.5 sen wall.... if can break 9.5 sen wall the 10 sen sap sap soey loh!

PH was bad for stock market.... every time they open mouth the KLCI dropped!!

Yes, 9 sen wall falling.... move to 9.5 sen please!

Hehe! Given up already? But a few FA experts still holding on...... good luck!!

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stingray_ea: TA, FA, indicator ...... can keep them in fridge now..
28/02/2020 9:32 AM

Our PM says nothing wrong with AA..... (read article below).

http://www.msn.com/en-my/news/national/nothing-wrong-is-seeking-an-offset-says-dr-m/ar-BBZHyN6?li=BBr8YXF&ocid=ASUSDHP15

Hehehe!!

For me, below RM6.50 can start buying some PCHEM; below RM6.20 is very good buying price; very close to RM6.00 (slightly above or below RM6.00) is best buy.... and when it moves up close to RM7.00 can start taking some profit (but if for some reason it does not move up then just keep it for awhile). I don't really care how good the company is as long as it is not losing money every year.

Contra is the right thing to do when the market keeps going down.

Very good time to start buying PCHEM now (for many very obvious reasons)!!

Waah!! Up 9 sen with volume more than 10 million...... no need harami, no need hammer.... already bullish breakout now!