What a shame to leave it to this type of management that is not challenged by meritrocracy as we end up with good assets made mediocre. Seen this before when greed causes the amassing of assets with debt and then figure out financing the interest or just call in more equity placement. Whole load of crap mentality.
The CEO ought to be removed. Look at Broadcom, SIA and more led by able ex Malaysian CEOs and in KLSE we have dummies running monopolies and yet perfom badly. Sack the lot.
Price will still be in the negative zone as more than 50% of the co income depends solely on technology/semiconductor where demand remains somewhat lackluster.
Seriously, will you buy as you know it is pointless unless you are betting good news/good coming qtr report else will just up abit but later down more and more in long term......
Hahaha.... I must have done a pretty darn GOOD job!!!.......just feel the hatred.......I feel you, man...
But it's still good enough for me....
From memory (if remember correctly) last I play was when it fell to 37c.......and climbed back to 56c.......ALL ON RECORDS HERE.....
Maybe this round, the Oil splash would just do enough spike for me......
Tonight, Powell is scheduled for a Meeting Town Hall talk on the direction of Interesst Rate and the Economy (USA)
On Sunday, 1st October, ...US Govt Shutdown?...as before Highly unlikely...they will pass Congress and life continues as usual....Meanwhile Oil prices has ran up and stay for a while as Winter is coming...Brent at 95 works for me!!
I see what you are saying Bob. At 0.435 it seems like people have forgotten about Ping Petroleum. Even the recent private placement was to work towards their O&G division. I mean value is value.
Jamal smelly Jamban is memang so bodooooh.......previous PING owners have not been fully settled yet. You sell now, where is your Margin?.....
Selling off any profit generating sector in any company is akin to chopping off the golden goose's head...............never seen such stupiiiiid suggestion from a retail investor!....laugh die you!!!
Fe-licks-kants is so silly to think Hibby sells their oil and get Taxed in UK......he needs to learn to do better business.......Suggest you read in between the lines for Oil Windfall Taxes (UK) before making a clown of yourself........laugh die you!!
Don't use Oil price to con sukyee sxckers bills buy DNEX. It is not relevant to DNEX because of UK windfall tax. You can check UK oil companies share price it is going downtrend.
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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....
NatsukoMishima
8,182 posts
Posted by NatsukoMishima > 2023-09-22 12:35 | Report Abuse
https://www.orientaldaily.com.my/news/nation/2023/09/22/598504