All oil and gas counters basically making loss or petit profit past few Q, movement of price depends very much on the crude oil price fluctuation ! very speculative play and unpredictable ! Most experts thinks that oil price will go up this year that's why causing investment interest on all these counters ! Can 2018 be the year of O&G turnaround theme play ?? this is the multi trillions question !!
the collecting money for ajib on coming GE14,,,govt got no money now...so all GLC and govt proxy included enforcement hv to get money for BN (UMNO)....hehehehe
Amanah is good at subscribing IPO and rights. come trading ??? They used to be holding alot HY shares. Guess what ! they disposed off HY ( reasearch report says narrowing margin for Oil refiney ). Disposal price range < RM 10. HY jump after disposal and hit intraday high > 19. how good is their trading ! your guess is as good as mine
Relax.. Amanah dispose those huge units and still somebodies eat them all up. Maybe amanah's far cousin or nephew that relation can't be seen with him on surface.. Amanah's daddy want to use his money but he can't do that. So he ask amanah to sell his stakes to his agented far relatives appointed by daddy.. Then boom explode shit far relatives sell.. Got margin what for daddy.. Amanah got money what when sell to far relatives.
share concentrate in few people is good, concentrated and locked, hence price goes up. this style is ticket separate into many people, dont fakin care amanah uncle or aunty, as long as the ticket is not concentrated, the price is game over. lets say one big shareholder holding 100million share, it is always stable and better if compare to 1000 private investor holding 100million share. if 1000 private are contra, you all die already.
but at this situation with this high debt FA, long time conned, lesser contract profit, i predict there will be a huge rally in short term, then hug sell down to fully out the ticket, then pn17
unless you all can help amanah settle the debt. but i see there is unlikely, the money that amanah get now is not for settle the debt and make the company better. they get the money for najib election, print poster, pump oil in van and talk cock "please vote me!!" around the street, paying election advertisement, makan makan in grand hotel to buy voting ticket, so and so.
you think this company got cure kah? can rise to 0.5 i also dont want to touch. somemore amanah want to buy battersea, i don know how much, you all go and see by yourself.
Earlier this "the magician merlin" wrote an open letter to stock god Koon Yew Yuan to promote UMWOG right ? He did not heed your advice ?
now you promoted Sumatec pulak ??
"themagicianmerlin Forget about UMWOG. It is over. Now, it's time switch to this stock... Upside is more than 5-fold and I bet this stock will resume its rally tomorrow!
merlin offering is not bad, but is only one week style or one day style, at least it up, but i wont follow him, because one week style and one day style is easily to get con, and the price will unlikely to up again.
this fakin umwog do not sell oil, they only doing service, advice, and maintenance, somemore their rig is rent from other company, then rerent again to their customer, this style of business can do kah?? of course lah big time loss profit. oil up also no business.
OG counter sometime is not stable, depend to the oil price, this umwog oil also no sell, how to get profit? if carigali dont give umwog some contract the staff of this company is long time sleeping on the benches already. no business!!
just because the big shareholder is amanah and pnb, so they still got above0.3, if the big shareholder is other guy, long time pn17 already like the old days of sumatec.
if some big holder want to dispose share, then goreng the share with the money earn from disposing, i can understand la, but this amanah is big company ah, is a fund, you think can simply goreng meh.
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....
Lewis Lee
1,693 posts
Posted by Lewis Lee > 2018-01-23 12:12 | Report Abuse
All oil and gas counters basically making loss or petit profit past few Q, movement of price depends very much on the crude oil price fluctuation ! very speculative play and unpredictable !
Most experts thinks that oil price will go up this year that's why causing investment interest on all these counters ! Can 2018 be the year of O&G turnaround theme play ??
this is the multi trillions question !!