from the peak of 1.86 this year to 1.30, 30% down in less than 1 month. This is how stock market work. Very uncertain even for good fundamental stocks.Retail investor is always at the mercy of the big player as we dont know their reason to sell.
Agree. That's why PM must change if not PH will last 1 term only.
Jeffbkt from the peak of 1.86 this year to 1.30, 30% down in less than 1 month. This is how stock market work. Very uncertain even for good fundamental stocks.Retail investor is always at the mercy of the big player as we dont know their reason to sell. 13/12/2019 12:10 PM
It’s a very volatile fundamental good stock easily manipulated by syndicates.you need nerves of steel to play this game. Don’t believe next qtr results will be bad. It’s rumours to force retailers to cut losses. I think 120-1.25 will be worst case scenario before massive rebound. Operators cannot press down too low as buyers will swarm in to collect. When you feel the worst then rebound is eminent
Where is @penergy. Run away now???? Talk so much, now drop another 5%. Whoever sell yesterday... congrats. Operators will dump their final bullets soon. Beware...
Jeffbkt AT 1.35, Penergy EY is 21% and ROIC is 28%. net cash 36 cents/share, ROE 16.8% Q3 FCF 107M. From FA point of view, Penergy has a very strong balance sheet, they manage to pare down debt > 100M this FY 2019. Anyway stock market is always give you surprise. 13/12/2019 11:03 AM
17-Dec-2019 Insider TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 99,800 shares on 16-Dec-2019. 17-Dec-2019 Insider TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 250,000 shares on 13-Dec-2019.
>rm2 sure this is very good stock more projects in 2020..believe in company and oil n gas..I'm sure next qr is nice that's why director not dispose yet
Who’s ur daddy now Penergy. Told ya to get Dayang, now want to follow Dayang.
Let me tell u Penergy not making money at previous hook up contract. With new integrated hook up contract which have a very very low margin, don’t ever dream to get any profit lor.
Dayang still okay, although with low margin contracts for new integrated hook up, it’s just a volume based for them to increase market share.
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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....
Jeffbkt
132 posts
Posted by Jeffbkt > 2019-12-13 12:10 | Report Abuse
from the peak of 1.86 this year to 1.30, 30% down in less than 1 month. This is how stock market work. Very uncertain even for good fundamental stocks.Retail investor is always at the mercy of the big player as we dont know their reason to sell.