Eric drilling? ... Eric drilling itu pontan sutah dispose dikk CrapTree itu ah .... Lia sutah mapuk la, gua ingat ... Misti mapuk pinya ... Haiiyyaaa, now I just don't know what to say ...
An insider told me before this counter can go to RM1.00 in 1~2 years, I actually doubt about it. So far have you seen any counter that can grow more than 15 times?
Spike in volume and price is not due to rumours. There have fact behind out. Nobody never see, Glotec also beneficiary due to weak ringgit. Have mention inside report. 2nd, CBM gas now was prove and unexpected result more than target. Also include inside report. Later, Renewable energy will kick in. All bright future for Glotec. LTAT buying last week is signal for price kick in.
I am newcomer here in this blog. This is my professional view who has been in the CBM industry for quite a while.
Though the company did not provide details of the gas flow, which is critical in project economic sense, the flares look really impressive! From the size of the flare, though still early days, I'd say NuEnergy has probably found the key to unlock the CBM potential in Indonesia. This would certainly augur well for Glotec as the majority shareholder of NuEnergy. The new regulation has allowed the PSC holder the sell the gas even at the pilot stage. Indonesia has one of the best gas price in the region and NuEnergy assets are smacked right in the middle of the gas infrastructure and domestic market.
@ eric b7b, hope your remisier is correct. Many remisiers have given wrong predictions and cause hugh loss to their clients. They themselves also lose money.
CK Goh3, dude, how long hv u been monitoring Bursa? Not v long, I guess. With a bit of reasonable fundamentals, combined with solid long term business strategy, some decent past record & new exciting info flows, anything can happen ...
I once bought IFCA WA @20 & sold back at cost price to chase something else. It shot up to 1.60+ early this year. I also bought EG WB @7 & sold back at cost, again to chase something else. It shot up to 70+ late last year.
BTW, Glotec has NOT always been at 4.5 - 5 range. It was around 10 - 11 only around late last year.
Lu sutah silap lor, CK. You shud hv hantam kaw kaw @4.5 leihh. But you took your own sweet time to get excited, didn't you? But hopefully you still make some gains.
DreamSubjugator, I am new in Bursa, shorter time than you la old bird.. And pls go back and read the earlier posts, then you will find out I was collecting since 4.5c. Thank you.
NuEnergy has a very capable and experienced team stationed in JKT to work on the project. They have proven track record in CBM industry in China. As I said in my previous comment, Indonesian govt has put in place recently regulations in favour of the CBM industry. The current depressed oil price has minimal effect on the CBM gas price in Indo. NuEnergy assets are located in the strategic locations in term of market and existing oil & gas infrastructure. So, all factors are in favour of the company long term....
Waiting for the announcement for agreement between Indonesian company or government and nuenergy in few months!! Just my opinion. Though I have consulted my oil and gas engineer friend and he said the cbm gas is cheap in price which means profit margin wouldn't be so high.
Posted by leo218 > Nov 20, 2015 06:38 PM | Report Abuse
Mana ah dream pergi ....bukit bintang cari amoy belly dance ah.... _______________________________________________________________________ Saturday Night Happy Hours ... For cool, intelligent, laid back, high cultured, gentlemanly Glotecians ...
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....
ShinRenNeo
203 posts
Posted by ShinRenNeo > 2015-11-20 19:15 | Report Abuse
Itu api betul2 manyak kuat oh...but can last ar??
lai lai lai...we go visit and take picture, must bring kuali together to go goreng some sayur2...