Every O&G entities suffered like carimin, dayang & penergy included
2014 when Brent crude fell to USD27 was horrible for all Oil and Gas Industries without fail
In Singapore Ezra, Swirebor & even Hyflux got into trouble with low prices
Sumatech, Perisai now almost bankrupt. Alam, Barakah, Perdana, Barakah (This barakah I called their head office to check on their status - evasive and no reply. Better sell barakah!!), daya & so many insolvent
Buy Armada and knm more now and onwards, the goreng group is targeting Armada and knm now, besides sapura, perdana, penergy, dayang, alam all these already goreng up by other operators previously, reliable source
Friday Armada down is because of bumi Armada operator keep absorbing shorties shares, goreng group not yet start
But goreng group already started knm already.
Target for knm short run is 0.20, and armada is 0.25 - 0.30
I think after the selling is over both Naim and Dayang will resume their uptrend
I think Naim is more stable than Dayang as Dayang got a liability in perdana which is insolvent. But with Petronas help the problem could be resolved eventually
I prefer Penergy because it is not clouded by uncertainty and with a cleaner balance sheet
Thank you Mr Calvin. Small cap bulls namely O&G and Construction counters have just started up trend, supported by good volume and increased retail participation. Today started to trend up again...
Meanwhile, LBU is seen as being linked to controversial businessman Tan Sri Bustari Yusuf, a media-shy tycoon closely linked to former prime minister Datuk Seri Najib Razak. The toll-free Pan Borneo Highway was launched by Najib in March 2015.
today's news. still following the speculation. Government is now taking over the Pan Borneo Highway project. PDP delivery partner is Sarawak is under Tan Sri Bustari Yusof. Now federal is taking is back. What does it mean? Calvin is still trying hard to promote Penergy
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....
Sarawakian60
20 posts
Posted by Sarawakian60 > 2019-03-14 12:16 | Report Abuse
Tun M you want us miss you? Make Penergy and rest Sarawak counters fly 50% more.