That’s why I’m saying that u can’t rely on upstream. So for Penergy, service segment drop, upstream expectation so bearish like hibiscus. Sure more way down to go tomorrow.
The usual norm sell on news despite good qr results just like penergy and revenue today . What next is whether the price can keeps supporting in the coming days .
Dayang results superb. Next time don’t go for smaller one like penny. Go to establish one like dayang. Only dayang received more profitable services segment contracts. Sell penny, buy Dayang.
KUALA LUMPUR (Nov 20): RHB Retail Research said Petra Energy Bhd may rise higher after it breached above the RM1.70 threshold.
In a trading stocks note today, the research house said the stock has posted a long white candle and recoded a new 52-week high, thereby enhancing the bullish sentiment.
“A positive bias may emerge above the RM1.72 level, with an exit set below the RM1.55 threshold.
“ Towardsthe upside, the immediate resistance is at the RM2.00 level, followed by the RM2.20 threshold,” it said.
That was before QR report. How abt after QR any1 has latest RHB research report?
trading2019 Sure or not?
KUALA LUMPUR (Nov 20): RHB Retail Research said Petra Energy Bhd may rise higher after it breached above the RM1.70 threshold.
In a trading stocks note today, the research house said the stock has posted a long white candle and recoded a new 52-week high, thereby enhancing the bullish sentiment.
“A positive bias may emerge above the RM1.72 level, with an exit set below the RM1.55 threshold.
“ Towardsthe upside, the immediate resistance is at the RM2.00 level, followed by the RM2.20 threshold,” it said. 23/11/2019 7:51 AM
Let me remind u again.. Penergy has made loss in their core business, if they don't have a one off gain of 35mil, Penergy is negative in profit... If u rely on one off gain in future, then buy as much as u wan
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....
Jackiee
29 posts
Posted by Jackiee > 2019-11-21 15:30 | Report Abuse
Good luck. I go watch how share price plunge down with this kind of qr.