thanks to @mabel and @calvintaneng, i have contra-ed small profits with this one, and all that i reinject here again at 7c. @mabel and @calvintaneng, i used 2019 to avg down my reds (biggest blunder was PUC), so i was only observer on most counters
now need your free advise into 2020 :) OnG with you in B_R_ _ _ _H Plantation missed boat for TDM but enter FGV at 1.55
Mintamaaf if not right place to msg, but i believe can learn a lot through you two especially, of course on due diligince needed :)
@ishver thanks to @mabel and @calvintaneng, i have contra-ed small profits with this one, and all that i reinject here again at 7c.
@mabel and @calvintaneng, i used 2019 to avg down my reds (biggest blunder was PUC), so i was only observer on most counters
now need your free advise into 2020 :) OnG with you in B_R_ _ _ _H Plantation missed boat for TDM but enter FGV at 1.55
Mintamaaf if not right place to msg, but i believe can learn a lot through you two especially, of course on due diligince needed :) 02/01/2020 6:34 PM
ishver,
Nothing in stock investing comes with absolute 100% certainty, if that is what you are expecting. All you can do is conduct your own research and sharing from the team. At the end of the day, it is you decide and make that call. It's either you can decide to walk away or take calculated risk.
Warren Buffet said "Never invest in a business you cannot understand.”
I suppose everyone have different views in making their respective investments. For me, it is easier if you invest on something that goes in line with the country’s direction and at the same time doing something that will benefits this Country as well as the Global community. I always has this rule of thumb when I made my investments. I do this as it will benefits the people surrounding me and also to the Global Community.
10 years from now as I look back, I want to feel that I was part of these success stories. Just to give you a flavor, here's my Business Plan for 2020 for one of my 4 Boutiques.
Oil & Gas - I have invested in 10 Energy Companies. Scomies is one of these Battleships. I also believe that best way to learn about the company is to put our stakes in it.
Catalyst 20% of government revenue in 2020 50 Billion Petronas Capex Each US$1 per barrel increase in oil prices brings the Treasury RM300 million in revenue per year.
Always remember, what ever you do, do it for the benefits of the people surrounding you and also the Global Community.
Once you have that established, you will be at peace..
KUALA LUMPUR (Jan 3): AmInvestment Bank Bhd Research said it will extend its 2020 crude oil price forecast of US$60–65 per barrel to 2021, mainly due to US crude inventories sliding by 2% to 441 million barrels since mid-November against the backdrop of Saudi Aramco’s recent listing.
In a note today, the research house said it has maintained its ‘overweight’ call on oil and gas sector as prospects have radically brightened with rising asset utilization globally which supported service providers’ improving results.
Brent is already USD 69...All energy counters are up and running.
This is the performance of my 10 Battleship today
Silent Mary Barakah - Up by 20% Fancy Alam - Up by 7% Interceptor Serba - Up by 4% Queen Anne Sapnrg - No change Black Pearl Armada - No Change Empress Velesto - No Change Ryal Fortune ICON - No Change Vangelis Scomies - No Change Adventure Gallery T7 - No Change Flying Dutchman KNM -Down by 1%
Today lots of heavy selling across the board due to Profits Taking. IDSS are super active these days to make money before CNY Holidays.
Looking forward for O&G rally before we hits the New Year Holidays !
Oil sank after Trump said Iran “appears to be standing down” and that the U.S. would impose sanctions instead of another military strike as feared by some.
U.S. West Texas Intermediate crude dropped 4.9% to $59.61, its first time below $60 a barrel since Dec. 16.
I think everyone should ask the same question to The Edge Daily reporter Kamarul Azhar who reported about ScomiesE today. Is The Edge trying to manipulate the mkt?
Reference is made to the announcement dated 13 December 2019 (“Announcement”) made by the Company in relation to the above matter. The Words used herein shall have the same meanings as are assigned to them in the Announcement.
Following the above, the Company wishes to update on the progress of the measures taken by the Company to address the default as follows:-
Measures taken by the Company to address the default
(i) On 13 December 2019, the Company announced that KMCOB had submitted a formal request to Trustee on 11 December 2019 to seek a remedial period from Bondholders for the settlement of the Series E of KMCOB Bond (“Indulgence Sought”).
The Indulgence Sought involves an extension of redemption of Series E of the KMCOB Bond from the Payment Date up to 28 February 2020. The Bondholders have until 21 January 2020 to revert on their decision to grant their approval to KMCOB for the Indulgence Sought.
(ii) In addition to the above, SESB is also expediting the completion of the financing documentation and fulfilment of the conditions precedent and security arrangement to facilitate the drawdown of the bridging financing to redeem Series E of KMCOB Bond on or before 28 February 2020.
@cumcumshot PN17 or not, the most worry person would be Wan Azmi & Zakhir, whom collectively hold 435.23mil shares of ScomiesE. Not any donkey who spread stupid news in the group.
If the duo isnt interested in ScomiesE, what the hell did they agree to take up Scomi Group, which owned 65.65% of ScomiesE? 16/01/2020 9:11 AM
Both of them paid Scomi Energy at 9.65 sen per share which way above our average.
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....
ariehazimi
159 posts
Posted by ariehazimi > 2020-01-02 09:29 | Report Abuse
pn 17 coming your way, jingle bells jingle bells jingle bells