Onetonmen im also hold alam share fr 60sen til 30sen 2 days ago totalling 5500x100share, i also hope it will hit tp 80sen but tat simple impossible for now.. invesring share is not simply hantam any tp..
i fully understand your question.. but we cant do anything damage done by these investing firms, before this kenanga also very yoyo analyst report with Alam, but u must aware now this is a hard time for all oil n gas firms..so gotta be realistic about the share price, unless the oil price fully recover n big firms like petronas starting new n award project again or else these firms will still make various of negative analyst n press share price down..
onetonneman, now is still bad situation for oil business, of coz those analyst will keep blowing negative winds, unless we see a sudden surge in oil price n big company start awarding project, then these expert will suddenly change all positive tone.. so jus be patient, i think after this year sure the oil industry will be better.. they cant jus make the oil price so low n not spending, if all the smaller company all close shop.. whos gonna dig the oil.. hahah
onetonneman, I think he must be mad, called himself an analyst..........does he knows about account? Alam is still making profit n the net asset per share is about 94 sen n he gives a TP of 11 sen ..........I'll definitely sack him if he is in my company!!!
onetonneman, if I'm not mistaken the Hong Leong Group is having quite a major shares in this counter n why they r keeping quiet. Probably they may want to take over the company if it drops to 11 sen.
When I first invested in this counter, I took into consideration of the Hong Leong group's participation. Otherwise, I would not have invested in this counter.
I think oil price will slowly be recovering n I think Alam can withstand the time to wait for the recovery. So I feel that it is good for long term investments which I'm doing.
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....
annmix
1,521 posts
Posted by annmix > 2016-08-24 13:30 | Report Abuse
wake up and dont dream syiok sendiri