Octagon Consolidated Bhd is on track to be lifted from Practice Note 17 (PN17) status following the execution of an agreement with shareholders of two oil and gas companies. In a statement, the financially distressed company said it signed an agreement yesterday with OGPC Holdings Sdn Bhd and the shareholders of OGPC Sdn Bhd and OGPC O&G Sdn Bhd. OGPC and OGPC O&G are companies incorporated in Malaysia with principal businesses in the provision of specialised engineering and technical support services. (Source: The Star)
If this success we will earn a lot If this fail we will loss a lot
I've not read any bad news regarding Octagon. I last v knew is rearding the agreement signed between the parties concerned on how to revive the company. The Agreement is for the period of 60 days. Am I right? If not please enlighten me further. Tq
this week price range 0.11-0.15.Buy low sell high.Q buy low and Q sell high your earlier purchase every day.Maximize your opportunity to make money by increasing the turnover instead of buy low and keep it and wait for the announcement.What if the deal is off.As for my case,the stock I am holding now are FOC stock which was profited from the 3 rounds of play.High risk,high return.Anyway U decide what is the best for you.Good luck and Happy Trading.
Hi everyone I'm new here and still wet behind the ears when comes to equity investment. Made my first plunge into stocks by buying Octagon @0.115 and sold @0.135 the very next day since my heart was pumping blood faster than usual when the price suddenly accelerates. Haven't had the faintest idea what was that all about that contributed to the surge in price. Could some seasoned traders please explain in layman language coz I'm still at a loss metaphorically speaking.
BC, tq for your kind input but your last word " U are very lucky this time " will always be on my mind. I know I may be tempted because of my successful debut.
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....
BC475654
605 posts
Posted by BC475654 > 2013-05-22 15:08 | Report Abuse
Q buy 0.120 and 0.115 filled.On Q 0.0110 and 0.105