No Avoid Armada because of it's huge debt. In a world so uncertain many stocks with too high debt might end up like barakah, seacera or perdana in insolvency
Penergy and Uzma are protected by Petronas on Malaysian territory. So stay safe
Penergy after this knee jerk correct will move up again as it is one of top OGSE provider
The gapped up from RM0.40 to RM0.60 immediately after last Quarter results announced,had detered me to join the rhetorical party earlier, as I have been trained to know that this gap of 20cts likely one day will be filled up. Will it?
Never catch a falling knife..as wat mny pople says ..unsure weder o go ahead n buy .will its price cntinu t spral dwn? At .715 cts its steal but droped lik tad left me wondrng th bad percptin on it 1 mdb !
Agreed with Calvin. This stock is fundamentally strong and expect to see earnings growth next quarter. Good time to accumulate and price bottom and due for recovering next week.
I agree. If compare with Carimin, Dayang; Penergy the cheapest.
Posted by BlessedInvestor > May 11, 2019 11:36 PM | Report Abuse Agreed with Calvin. This stock is fundamentally strong and expect to see earnings growth next quarter. Good time to accumulate and price bottom and due for recovering next week.
market so bad last few days due to trade war. Can see selling from weak holders and big players are accumulating and building up their position. Be greedy when others are fearful. This week is good time to accumulate.
the share lost 38.5 sen over 4 trading sessions or 36% of its value from RM 1.05. there is great fear among the small holders of this share, who are the bulk of the sellers because the share is dropping in thin volumes. the large shareholders cannot sell even if they wanted to because there are no buyers absorb the selling. the thin buying is from buyers with a longer term view who are buying cautiously. Question is at what level is it safe to buy?
Sappork those who keep buying from 90+ sen all the way till now...moral sappork...not touching a single share myself since exiting @ 119.3c avg earlier =)
Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36
But the big shark still collecting the super cheap shares around 0.18 to 0.19
But before Armada being awarded the court winning for Woodside claim, 20cents gap up, that time will worth for 0 50+++
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....
Henry8833
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Posted by Henry8833 > 2019-05-10 17:39 | Report Abuse
Today price is bottom. Due for recovering...