If u buy share n expect it shot as u wish, nobody will lose money, perisai is not for short term play, if u talk about stress, im more stress than u but im planning to hold for long terms, my cost average 50sen, bought n play from dec till feb, total 430k share i am having now, didnt sell when it touch 70sen. Feel abit stress when start dropping till now n regret not log profit, but i jus tell myself im going for long terms 1-2years.. So i suggest if u do not need the money, jus dont look at the price everyday n cursing everyday.. It will jus ruined yr life n negative energy wont help the share price to go up.. Remember we burn oil everyday, oil is not gold.. Its just need time to go back to its normal price again.. Oil is the most manipulated commodities, they push down to lowest, they can push highest as well..
HONG LEONG INVESTMENT BANK RESEARCH DATED 29 APRIL 2015
PERISAI (HOLD) : TP 0.69
On the O&G sector, we maintain our NEUTRAL call on the sector in view of the Petronas capex cut (15-20%) and reduction in operational expenditure. Asset owners such as drilling, OSV and fabrication service providers will be negatively impacted by lower charter rate (average ~10- 15% declines) and utilization rate. We remain cautious on MMHE (Sell; TP: RM1.11), UMW O&G (Sell; TP: RM2.50) and Perisai (Hold; TP: RM0.69).
Oil counter's price follows Crude oil price, thats why Perisai drops from RM1.50 RM1.60, but it is nothing to worry as long as you holding the shares, because this fryer likes to punish the contra players.
No move because many people tak percaya oil price will increase back in short term and perisai profit is low...u see ady USD60 for CO....after OPEC meeting may climb back to USD70 then slowly and steady back to USD 100.. the cycle keep repeating
Buy now and simpan satu tahun...no need to monitor at all....contra players baru need to monitor..... better spend more time to focus on drama show by US and OPEC.
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Posted by SUMATECRM1 > 2015-04-28 23:16 | Report Abuse
53sen colect more.. parking there la dumpers