Trading Ideas Bursa Malaysia: 5:35PM KIALIM 1H net loss 1.418 million 5:35PM GOB 1Q net loss 13.738 million 5:34PM MNRB 1Q net profit 30.946 million (decreased 18.64%) 5:34PM VOIR 1H net profit 0.144 million 5:32PM GBH 1Q net loss 0.506 million 5:31PM MILUX 1H net loss 0.810 million (increased 406.25%) 5:29PM UMS Nine-month net profit 6.168 million (decreased 53.21%) 5:25PM ASB 1H net loss 2.948 million (decreased 65.41%) 5:25PM FAVCO 1H net profit 30.239 million (decreased 22.80%) 5:24PM FREIGHT Financial year end net profit 18.632 million (decreased 6.79%) 5:24PM WILLOW 1H net profit 7.511 million (increased 1.87%) 5:24PM XINHWA Consolidated results for the financial period ended 30/06/2016 5:24PM LYSAGHT 1H net profit 7.231 million (decreased 29.52%) 5:23PM SMISCOR 1H net loss 0.851 million 5:23PM HOHUP 1H net profit 39.704 million (increased 16.20%) 5:22PM HIBISCS Financial year end net loss 59.960 million (decreased 8.11%) 5:22PM FACBIND Financial year end net profit 6.355 million (decreased 5.60%) 5:20PM IJM 1Q net profit 129.900 million (decreased 64.94%) 5:17PM GOPENG 1H net profit 1.893 million (decreased 76.73%) 5:16PM IJMPLNT 1Q net profit 27.163 million (increased 22.22%) 5:15PM HSPLANT 1H net profit 36.443 million (decreased 3.54%) 5:15PM KOBAY Financial year end net profit 4.707 million (decreased 57.32%) 5:14PM QL 1Q net profit 41.289 million (decreased 1.04%) 5:14PM MTDACPI 1Q net loss 8.078 million (increased 39.42%) 5:14PM AJI 1Q net profit 12.956 million (increased 25.82%) 5:11PM PERISAI 1H net profit 2.756 million (decreased 83.50%) 5:11PM MQTECH 1H net loss 1.775 million (increased 97.22%) 5:10PM BERTAM 1H net loss 5.091 million 5:09PM MEDAINC 1H net loss 10.099 million (increased 24.40%) 5:08PM NIHSIN 1H net profit 4.967 million (increased 838.94%) 5:07PM GPA 1Q net profit 1.479 million 5:07PM STERPRO 1Q net loss 2.776 million (decreased 38.12%) 5:06PM FITTERS 1H net profit 2.298 million (decreased 67.07%) 5:06PM DAYANG 1H net loss 29.149 million 5:05PM PREMIER 1H net profit 1.046 million (increased 17.53%) 5:04PM BKOON 1Q net profit 0.309 million 5:01PM EIG 1Q net profit 2.917 million (decreased 11.77%) 5:01PM KRETAM 1H net loss 2.862 million (decreased 45.46%) 5:00PM SHL 1Q net profit 19.026 million (increased 0.89%) 5:00PM AFUJIYA 1H net profit 0.024 million 1:00PM RHBBANK 1H net profit 920.214 million (decreased 14.32%) 12:55PM DAIMAN Financial year end net profit 18.923 million (decreased 27.15%) 12:51PM BSTEAD 1H net profit 310.900 million (increased 231.10%) 12:43PM GOODWAY 1H net loss 3.273 million (increased 12.44%) 12:36PM HWATAI 1H net loss 0.188 million (decreased 60.25%) 12:35PM UOADEV 1H net profit 243.353 million (increased 39.84%)
I already buy fr 2015 till now.. i can hold for few years.. coz im investing.. not short term.. if it goes bankrupt also i got nothing to say.. warrent buffet said before. If u r investing.. u gotta hold at least 4 years.. so lets see wats gonna happend.. so i dont understand u people.. if u all so negative about perisai.. why still so actively posting negative comment here.. no one will thank you also coz no one will buy anymore
We post negative comments because we wanted to make people realize its a bad investment in this counter right now. Yeah it seems our advise is not taken for granted, but at least we had done our part. End of the day some will realize that we had told them so since it started. But its always up to oneself if you are committed then good for you. Investment should be your own personal decisions nothing much to say there.
Sorry for being negative. But everyday down down down. I don't have anything positive to say. I also hope Perisai can go up. I know a lot trapped here.
no need to advise if people see the price they already know perisai is down almost 90% from thier peak.. no one jus simply come in here , mostly people here are the regular perisai investor
second qtr most oil n gas seeing more positive qtr report, so i believe 3,4 qtr also will be much better coz oil price already recover fr usd30-50. if more contract being secured .. tat will be better
Thanks AzerothJr for your kind advise. However I will appreciate more people like Annmix to vitalize this Perisai forum. After all, take this crisis as an opportunity or remain patient. There is always an option lads.
For now is bad for perisai, but if you can hold for long term adding the company show improvement, surely slow and steadily the price will move back up. It will takes years to come but surely not now.
This is not the first crisis and neither will it be the last crisis. There is bound to be counters such as this and believers in the counter to perform despite numerous warnings. Then again its up to one to distinguished the which suits one investment, hold till few years only to sell for titbits or maybe till become trash paper (believe me, PN17 counters are alot in time of crisis) or move on and plan for better. But you seriously need to plan an exit plan, if this counter continue to drop till becoming next sumatec how then worse case possibility becoming trash paper? It already seems hurt to have become 50% capital but if you don't want to learn to protect your capital then you might end up losing alot more. But its up to you just telling others you don't like to hear the negative stuff doesn't actually makes it go away.
For me sometimes giving people hope can actually be a nasty thing. Maybe its with or without ones knowledge, but some people don't want others to know this is actually very bad because they would like others to at least buy in to support the price, however this is being cruel to others that enter with the hope of the price rebound only to get stuck together with you. if the price should rebound you don't need ordinary investor to support the price the sharks will come in and goreng the stock for you. But some people prefer the bad stuff sweep under the carpet wait till it implode and at least got others together "pei chang" or if their gamble pays off the price rebounded and they gain back the paper loss after few years later.
Why lor must comparing with Sumatec? Compare apple with apple lor..Ini Perisai asset wise (rigs, FPSO etc) and their in drilling sectors, operator maa.. they offered upstream services with lots of asset (even its depreciation asset). While Sumatec focusing on downstream which only lately they just take full concession at Kazakhstan. Takut so much also not good one my friend..I just think we might differentiate on the way people investing their money...whether long term, medium or kaki goreng one...I think laaa. I dont know what u think arr hohoho
Azeroth, well said. Companies that are not prepared for bad times may not recover from crisis. Hopefullt, perisai can obtain sufficient fund to sustain during this period and recover when crude prices improve..
q2 now is already better than q1, did you read the report ? all others like alam, icon, hibisus,knm are also having better 2nd qtr report this time, remember when first qtr oil price is less than USD30, Now is hovering ard USD50, and if the price getting better , major oil firm will start award contract again.. so u think oil price down until all company close shop.. so whos gonna dig the oil then.. thats not the way of doin business
those people hoping for oil recovery with short term unrealistic TP is not an investor.. if u think now if u wanna buy an oil stock and earn within 1-3 months, forget it then, better u go hantam those goreng stock top 10 everyday its easier...those who dare to buy in here now are those looking for long term..
oil company is not like those ikan bilis counter, compare correctly if u want to.. most oil counter now are suffering 80-90% from their peak.. not jus perisai only... so jus come here telling negative might be bankrupt la , total loss la is useless.. we already know this because we are buying oil counter long time and aim for future recovery..talk about cricis , it come n go.. so dont u remember everytime crisis is the best oppurtunity for those who prepared ? many people become millionaire when they brave to enter during the crash ! only the cowards who everyday want to wait drop till 1 sen.. wait forever lah
However, the same cannot be said for Perisai which fell into a net loss of RM2.68mil in Q2FY16.
In an Aug 25 note by TA Securities Research, the firm cautioned that the company faces some significant risk arising from its short term debts.
“Perisai currently has short term borrowings of RM475.4mil but its cash is only RM21.9mil. Note that the group is attempting to renegotiate with bondholders of its SG$125mil in medium term notes to reschedule the payback period,” it said.
No right nor wrong buying Perisai. All got their own point of view. But if you combine their point, it will be "Not to buy Perisai at this moment now as the problem in the company not yet settle, Buy when it settle or showing sign of improvement as Crude Oil prices slowly recovering, new contract will come in" -- Buy at the "right time" --> Hold"recover" --> Sell"after 3-5years time".
Yes. Look at 22.5 sen support. It was supported between Jul 26 thru Aug 19. Then on Aug 22 it was broken. That triggered a massive drop from 22 sen to 17.5 sen. This is really frightening as investors realize the significant risk if Perisai default in its short term debts. If the situation worsens, it might drop below 10 sen like Sumatec. So it is better to stay out first, wait for a clearer signal like what Old90 suggested.
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....
cashflow
3,642 posts
Posted by cashflow > 2016-08-25 15:59 | Report Abuse
Perisai from 0.18 to 0.36 this year - 100% profit