Michael Kwok Already join since 25 cent.Its a roller coaster.Its went from high of 28 cent then drop to 20 cent and then up back to current 34.5 cent.Many people ask to sell;the ship going to sink.
Mabel, the more we invest the higher risk we take, 2018 and 1H 2019 was not good for me, hope 2H19 can recover back the loss and move 2020 take profit.
Ive done study on armada for sometimes and its works as i expected. Hope alam will be the same (on my research yes it will be 1H next, TP .18)
Its look like Bumi Armada style of upward.I buy near its high of 25 cents.Then it's go to high of 28 cent.Never sell it.Its went back to 20 cent of both side.Thx god it's went to 34.5 cent.
Alam have 77 million cash and 120 million borrowing which chances for default are slim.But Scomi Energy have cash 55 million but debt of 200 million.Which is more safer?
The Petronas contract look coming at 2nd half should be more.Next year also,due to near completion of Pengerang.Will be same to support local O and G.Possible merger or takeover by bigger company.
Panda are right.Must wait.If move early then it's a bonus.Average my counter will move after 3-6 months.But AT(0072).Will move.But will wait for more than 1 years at most.(Automation industry and other)
Armada is dealing an upstream business Alam M is dealing with middle stream business
Sharing my adventure in the energy sectors..
Energy- U SAPNRG Energy- U Armada Energy- U Velesto Energy- U ICON Energy - M Alam M Energy-M Barakah Energy-D KNM Energy-D SERBA DINAMIK Energy-D T7 GLOBAL
U stands for Upstream business, M stand for Middle Stream business and D stand for Down Stream business. So basically my portfolio covers the whole value chain from Exploration in the upstream to distribution in the down stream business..
I enter KLSE mid last year after GE14. KLCI index was 1721. As of last week, KLCI has lost 8.77%. My overall Margin for Mabel Inc just touch double digit. So I can say, I have outperform the KLCI index again. I used these profit to paid up my investments and made more acquisition.
Do you know that EPF-owned stocks has lost RM8b in value since end-June?
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....
samyew1234
1,362 posts
Posted by samyew1234 > 2019-09-19 20:39 | Report Abuse
bumi better choice