Mr Limkokthye,even family fight over monies,those kukus got cuts can say anything,be it 5 sen whatsoever,ophir production resume anytime,as long oil are ther and price keep going up from distance USD 40 we keep buying......sensible?
.....look forward 27 sen,.... if oil above usd80,it will be not lesser than 60sen,....with much regions uncertainty,trump needs it above USD 100......so above RM1.50 also likely esp there rejected merger to ensure not be dragged.
Now oil traded around $70, low gearing and proposed to disposal some assets to pare the debt. Ophir Field will contributing possible cashflow on next Q. Buy more to keep for longterm, return will be better than Bank Rate
it is the good decision not being merged with 2 outdated an downhill groups,...no more good monies share unecessary and drag down with in peers,......whatever n which prices it has been until now since 2017,you don't don't talk bank rate or how many percent it is....not difficult to expect,just how many folds you will get when oil aboveUSD70,75or 100 n so on....even 2017 also got 28 sen without ophir in production.
let those who want to sell at 0.135 sell, those soft heart are nuisance to progress coming if i can hold this for near a year.. then why not for another 5 months
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....
limkokthye
6,039 posts
Posted by limkokthye > 2018-01-14 23:35 | Report Abuse
Oil stock to boom