small fish cannot move the market . U need a big shark to play pump and dump. the biggest pump and dump operators are the brokers aiding the owners. not u and me
Business is getting better as reported , so going back to 30c is possible but near impossible. With the services fully engaged n contracts fulfilled to near peak compared with the last qtr, stock price will see gradual increase to better reflect co growth n future returns. If substantial shareholders stop selling , definitely, price increase will return in conjunction with the rapid rise of crude n expected services n contracts going to be given out to all the service providers.
UMW Oil & Gas TP upgraded at Hong Leong IB January 12, 2018 15:07 pm +08
(Jan 12): Hong Leong Investment Bank Bhd analyst Kah Ming Yip upgraded the recommendation on UMW Oil & Gas Corp Bhd to hold from buy.
Yip raised the target price to 41 sen from 38 sen, matching the stock's last close. The target is 2% above the consensus average of 40 sen. UMW O&G had four buy recommendations, three holds and one sell previously.
Analysts lowered their consensus one-year target price for the stock by 32% in the past six months. Forecasts range from 29 sen to RM1.13.
Look at HY all the analyst targets fall below theiur share price. Yet HY gallop like a horse from $14 to $ 19 from 27 Dec till the start of NY ( a mere 5 days ) analyst will revised thier target price as and when the counter is up.
only 28.9 mi shares below 40c...the remaining 200 mi shares all well over 40c to 42c ...expect to hit 50c next week if insiders stop their activities in disposing .
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....
Weida2000
246 posts
Posted by Weida2000 > 2018-01-12 13:56 | Report Abuse
waiting small fish to buy!!