@masterkevin212 The trend for Oil and Gas stock is over. It is better to look for communications stock which are dealing with 5G, data plan, infrastructure.
The low market capital for these stocks to look into this are XOX and MTOUCH if you want to win big.
This year trend is going to be 5G, data plan, infrastructure. 14/02/2020 10:03 AM
I have different view of Digital Economy - I have invested in the following companies for my Busines Plan 2020.
Technologies (10) Telecommunication (3) Media (3) Banking (4)
Catalyst
Digital transformation will boost between US$100 billion to US$136 billion (RM412 billion to RM561 billion) to the country’s GDP by 2025.
Game Changer includes 5G, NFCP, High Speed Internet, Automation, IR 4.0, Artificial intelligence, IOT, Ewallet, E Banking, E Commerce and Electronic Finance
it seems 0.25 will be the support, if it does not break by IDSS, may have technical rebound by next week. The MACD trend seems reverse from bottom at the crossing junction after Fri's positive buying momentum. However any technical rebound may not be sustainable as long term chart is showing a downtrend. It may trapped in more retailers to chase high if not able to realize profits timely.
@maxprofit2020 it seems 0.25 will be the support, if it does not break by IDSS, may have technical rebound by next week. The MACD trend seems reverse from bottom at the crossing junction after Fri's positive buying momentum. However any technical rebound may not be sustainable as long term chart is showing a downtrend. It may trapped in more retailers to chase high if not able to realize profits timely. 15/02/2020 8:27 AM
@maxprofit2020 @ Mabel, agreed. The oil & gas are sunset industry. We need to look forward for the sunrise industries. 15/02/2020 12:45 AM
Yes, if you are looking at a time frame of 10-15 years from now
However for the next coming 3 years, O&G is still Bullish. I attended a talk last week by one of the Investment Banker. According to the Speaker, 12 Investments Brokers are positive with the Oil and Gas Sector for 2020. 50 % of the them has rated Over Weight. That's why I still put some of my stakes in 13 Fossil Fuel Battleships
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.
Most of the volume for past one week was transacted by IDSS with intention to short selling first in the morning to create fear then intend to buy back at lower price in the afternoon.
However yesterday after IDSS short selling at 0.255, nobody panic sell at 0.25, the buy Q exceptional high volume parking at 0.25 was the planned buy back by IDSS but failed to meet their target as the momentum reverse.
It seems most of the retailers that suppose to cut-lost already done from 0.3x to 0.255, remaining are with stronger holding power or still holding from lower price from below 0.1 or 0.1x never sell.
The coming back of buying momentum by Friday is actually causing IDSS made lost and have no choice but to buy back at 0.26 in the afternoon for what they short sell at 0.255 in the morning. shall this positive momentum continue, IDSS shall take a time break for a technical rebound unless market have new uncertainty or bad news.
Any technical rebound will be short term, reference to Feb 3rd ~Feb 7th rebound from 0.235 to 0.285, then it trend down again to 0.25. Those who chase higher high will be trapped. The long term trend chart is still bearish unless a fantastic QR release.
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@maxprofit2020 Most of the volume for past one week was transacted by IDSS with intention to short selling first in the morning to create fear then intend to buy back at lower price in the afternoon.
However yesterday after IDSS short selling at 0.255, nobody panic sell at 0.25, the buy Q exceptional high volume parking at 0.25 was the planned buy back by IDSS but failed to meet their target as the momentum reverse.
It seems most of the retailers that suppose to cut-lost already done from 0.3x to 0.255, remaining are with stronger holding power or still holding from lower price from below 0.1 or 0.1x never sell.
The coming back of buying momentum by Friday is actually causing IDSS made lost and have no choice but to buy back at 0.26 in the afternoon for what they short sell at 0.255 in the morning. shall this positive momentum continue, IDSS shall take a time break for a technical rebound unless market have new uncertainty or bad news.
Any technical rebound will be short term, reference to Feb 3rd ~Feb 7th rebound from 0.235 to 0.285, then it trend down again to 0.25. Those who chase higher high will be trapped. The long term trend chart is still bearish unless a fantastic QR release. 15/02/2020 10:21 AM
Thank you for your analysis maxprofit2020 !
I will continue to HOLD and will not add more than what I have already collected.
I will wait for the upcoming QR which less than 2 weeks away.
I'm looking forward for the 4th Consecutive Profits..
Yah gah... Knm can down so much with German Technology? This is not Boleh Technology... Bosig is world class engineering.... Under value? Yes... Tp0.60 next Tp1.00 still maintain.
Lee confirms the group will be looking, at the very least, at the same price — RM1.7 billion — that it paid for Borsig a decade ago. However, he believes the company is worth more than that for its good technology and strong brand value.
KNM will at peace today as most IDSS is focusing at my Royal Fortune ICON. Today it climbs more than 100%. It's already 48 sen..more than my Black Pearl Armada and of course my Flying Dutchman KNM
Perhaps we should get General Lee to change KNM into Conglomerates that would avoid all these confusion. Right now it's still under Energy just like my other Fossil Fuel battleships..
Of course I do. I still have so much at stakes just like you with my Flying Dutchman here...
Noted and thanks. Will try to remember next time..
Sardin81, please help shed some light.. my only concern is that they do not have sufficient funds to complete the Peterborough project and may do another rights issue.. would appreciate your kind opinion. Thank you .. always valued your inputs
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....
Mabel
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Posted by Mabel > 2020-02-15 00:23 | Report Abuse
@masterkevin212 The trend for Oil and Gas stock is over. It is better to look for communications stock which are dealing with 5G, data plan, infrastructure.
The low market capital for these stocks to look into this are XOX and MTOUCH if you want to win big.
This year trend is going to be 5G, data plan, infrastructure.
14/02/2020 10:03 AM
I have different view of Digital Economy - I have invested in the following companies for my Busines Plan 2020.
Technologies (10)
Telecommunication (3)
Media (3)
Banking (4)
Catalyst
Digital transformation will boost between US$100 billion to US$136 billion (RM412 billion to RM561 billion) to the country’s GDP by 2025.
Game Changer includes 5G, NFCP, High Speed Internet, Automation, IR 4.0, Artificial intelligence, IOT, Ewallet, E Banking, E Commerce and Electronic Finance
Meow...