This is great stock loss lesson. From 2.80 to 30c!!. Faint, get, laugh, pengsan at those who mooted idea to start this company at close to height of oil price. Umw kena kaw kaw. Where it's going gua tak tahu. Buying at these low prices, is take a punt lar. Who knows??
Macam mana TH,EPF,ASB,KWP boleh beli coumter ,berapa harga dia beli ,kenapa tak push ,mungkin dia beli mahal jual murah ?,mungkin dia mau collect murah ?
** PRO'S ** - Higher rig utilisation rate w/ lower losses from oilfield services may account for the improvement in the upcoming Q3 '17 financial performance. (Note: i expect all seven jack-up rigs to be utilized for Q3; in comparison to 5 out of 7 in Q2 2017) - The volatility of oil and natural gas price(s) benefits the group - Asset utilisation is improving for the second half of 2017
** CON'S ** - In view of sum contracts are in short term nature, there may lie a potential risks of un-utilized rigs - Demand for oil pipes threading, inspection or repair services is not expected to recover significantly for the rest of 2017, as oil company(s) continue to use existing threaded stocks. - Some impairments from prev may still need to clean up
SUMMARY I expect upcoming qtr to be of a slight improvement from the previous. And hopefully, impairments will get clean up in Q3 and start afresh in Q4.
Many retailers cut loss or take profit already... everyone is expecting to buy in again lowest 0.27- 0.285 and bounds back above 0.30. that would be 11%-5% margin of safety. Those sold at 0.33 earn 10% alr.. so disciplined to sell and buy back. Just queue 0.285 which is a good positon
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....
TeWG
50 posts
Posted by TeWG > 2017-11-15 16:10 | Report Abuse
every investment have risk...if think good stock buy and hold, if think no good cut loss.....