Fortune888, The risk with Shale continue to exists. I don't think the oil price will be back to $100/tong anytime soon. Hovering this level will give more confidence to oil producers pump in more capital expenditure which is long overdue with the depleting reserve. With Russia getting $5B military project from Saudi, will likely to point to an agreement from OPEC to push cut into better half of 2018. Huat Ah!
Opec deal done, cut extended, but oil is rising very slowly, not realy reacting on the news as fast as we would like to see. PERISAI IS NOT PRODUCING OIL ANYMORE. FPSO kamelia is decommissioned back in May. better cut loose befor too late, we can alwayse get back and ride as i believe once it start to ride up it will go all the way to 0.12, and if not, it will fall as low as 0.005. Up to you guys..i am out.
best to cut lost but depend on you market very bad. and while other stock chances to recover is better this stock can KO by febuary if no knight in shinning armour.
By Huaan, big potantial, share price at lowest, company making money and good profite. Soon will get approval from bursa malaysia to comply with para 8.
Unless you are the board od director for perisai then you making millions. while as trader you may gain several times from perisai but it will only take you once to lose it all back.
Good luck to you then. hope by next yr its not gone. Yes no risk no gain. Huge risk huge gain end of the day.The question is it really rebounding or you are self comforting?
once PN17 status cannot be removed it will be game over for them. no more hundreds of million in director fee. Sure lar work hard for it the golden goose is about to die. Later only left with few golden eggs or rotten eggs how?
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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....
Trader Man
7,854 posts
Posted by Trader Man > 2017-11-30 11:07 | Report Abuse
buy now, 3% to 7 cent is 100%. 1 million become 2 millions