PERISAI is still in the bearish trend. Avoid to HOLD or your hard earn money will be burned. However, contra trade is still recommended. TP: 18c (until next coming QR is release.)
“We upgrade Icon, Perisai Petroleum Teknologi Bhd, SapuraKencana Petroleum Bhd (SapKen) and UMW O&G to trading buys with unchanged target price. These stocks, in our view, are oversold, attractively valued, high beta proxies to any potential rebound in oil prices and weaker US dollar,” Maybank IB said.
for now oil price will be stable at USD30 but when iran starts to export its oil on feb...then the price will most definitely go below USD30...i'd say it can go to a low of USD25-USD27 at least...but dont take my word for it...just my opinion only :)
Agree with shark.. this thing accumulate bits and bits.. u wont know until it is high. by the time is stable is already high lor tp0.50 lets say.. how to chase? if you buy 0.50 up 1.00 you only profit 100% Why not buy now at 0.25 and profit 300% ? So will you choose now or later?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CUTLOST
5,178 posts
Posted by CUTLOST > 2016-01-26 13:40 | Report Abuse
20cts nice to buy