Petronas is still producing same number of oil and maybe even more. Company like Barakah, Alam and Icon still providing the same services. Basically there is no major changes. So Barakah, Alam and Icon is actually undervalue stocks.
YBhg Tan Sri Quek Leng Chan has bought a lot Alam shares at $1.35 Now only $0.66, more than half price. I am not sure why he did not buy more to average down his purchase price.
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....
SHQuah
5,363 posts
Posted by SHQuah > 2015-04-09 10:22 | Report Abuse
US government approve export oil, US oil inventory will slowly lower and lower.
Good news.....so just hold on