Hi lk036, about this I'm not sure. I have not been active in the market place for some time. My plan is to restrucure and handover to my partner in china.
It was announced on 30 August Straits Inter has incorporated a new company called Straits Alliance Transport. Anyone has any information what's this new company is all about???
MD comment in the latest EGM on the soon to be acquired co "实际上,Tumpuan Megah发展的订单接应不暇,甚至必须婉拒一些订单." So, what more can we say about the prospect of the co
Vincent Lau, vice-president of research at Rakuten Trade Sdn Bhd, noted that the market has turned bullish on the O&G sector following the rebound in prices after a lacklustre performance over the last few years. “The market has turned bullish on the O&G industry as the oil price breached the US$80 per barrel level with Opec and non-Opec states rebuffing Trump’s demand for a move to cool the market.
“It’ll take time for the higher oil price to translate into higher earnings for the O&G-related players but it should translate into more work orders, which will be beneficial to the industry,” he said. He pointed out that laggards in the industry such as Straits Inter Logistics Bhd, an oil trading and bunkering company, could benefit from the return of investors’ interest in the industry.
Director/substantial share holder keep on accumulating. Company announced on 9/11/18 buying over 30% of Hong Kong bunkering company. Price have been stagnant n stable for quite sometime. Time to moving up soon with good news.
Recently rejuvenated Straits Inter Logistics Bhd is among his top picks.
One of the largest oil bunkering players in the country, it has successfully diversified into oil trading and bunkering services from manufacturing and trading of water and air filter products.
Bloomberg data shows the oil player’s revenue grew by a compound annual growth rate (CAGR) of 174% over the last five years.
Areca Capital Sdn Bhd CEO Danny Wong agrees that investors should focus on the fundamentals and growth of small and mid-cap players rather than the uncertainties clouding the market.
“I think there is definitely value in the small and mid-cap space amid the noises that have caused a sharp decline in the market. Investors should focus on earnings growth. If the direction is right and there is momentum, then it will be good in the long term. Our focus is on companies that manage to show consistent growth, especially in the top line, as this indicates that management is capable of growing the business,” he says.
While the balance sheet is important, Wong maintains it is not the key factor to look out for because small-cap companies might find it hard to juggle growth and a healthy balance sheet at the same time.
In the current market, tech is a potential sector that could thrive but he advises investors to look at the company’s specifics.
“While it is not possible to guarantee growth momentum, it is a healthy sign to look for. For small-cap space, investors need to identify growth stocks. You may not get it right all the time but if you invest in 10 companies and get seven right, it’ll be very good,” he asserts.
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....
SuperPanda
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Posted by SuperPanda > 2018-06-23 03:01 | Report Abuse
if drop below .240, will top up more.