Not only this counter that falls . .....the falling of the ringgit to its lowest 3.91 against the US dollar that affected the overall market sentiments and be prepared for the worst with more counter stocks prices retreating with the political uncertainty facing with scandals of corruptions and indebtedness on the rise !
guys.if you want to gain fast money, please consider FBMKLCI-HV and FBMKLCI-hk.
Bersih 1 (2007): KLCI dropped 50 points, then rebounded. Bersih 2 (2011): KLCI dropped 250 points over a few weeks, then rebounded. Bersih 3 (2012): KLCI climbed after BERSIH before dropping 50 points and rebounded again. Bersih 4 (2015): Let's see KLCI on 1st of September.
I notice the Trade And Other Receivable is very high and even higher compare to 2013, they carry forward the trade receivable ? Wouldn't the payment for sales be collected within a year ?
Not necessary collect back in 1 year Need to see customers credit term and the condition of the customers If persist cannot collect back then might bad debts, increase expenses, reduce profit
This bad things sure not show off la Only insider can know Increase in receivables is good, provided can collect back...abo.....all throw deep sea liao
now, russian and saudi keep pumping oil to fight each other. saudi invaded poland with oil. russia very sad and angry = pump more oil and attack asia. deleum mostly engage in servicing. but got RM3.3 billion order book. i dun noe should hold or sell.
thats the funny part, deleum went up from 1.16 to 1.22 then 1.37. then drop back to 1.32. i bought this shares based on the explanations on the report by alliance. they r doing recurring servicing. because machineries needs to be maintained whether high or low oil prices. and big order book of 3.3 billion. so i am kinda lost. anyway, will try to sell when it reach 1.37 again. LOL.
Sarah why so urgent to sell ? Those happening in the newspaper are to scare you to sell. Sometimes follow to hard to newspaper will distract ourselves.
yes. i read the report by alliance. first notice it at 1.16, then up to 1.22 within days. then days later 1.31. kekekek. 3.3 billion order book!!! thats why i bought it. waaaaaaaa
Do not believe thoroughly about the report. Best is to study many points of view and analise yourself to make investment decision. What makes the share price up or down is not the happenings reported from the newspaper, is how people look at it.
You catch the point that Deleum is doing maintenance service and work will continue no matter crude oil price high or low.
But don't forget 1 thing, all O&G servicing company's profit margin are define by operator like Petronas but not service provider. After crude oil price hike to above USD100 , Malaysia have too many new company entered O&G service provider market and cause market too crowded. Today after the crude oil price slump, Petronas will ask for discount or they will ask someone else to do it. This affect margin of all service provider. End up they may have revenue but with lower profit margin.
But in Malaysia seldom company lk deleum..doin oil and gas service line. Point is..deleum is net cash company right? Oil price almost bottom now.. Wait more 6 months.. Will rebound
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....
Harold Huong
1,036 posts
Posted by Harold Huong > 2015-08-04 22:26 | Report Abuse
Big loss for me...Sakit hati