Arbitration results in Singapore can really shake umwog such a huge investment. Just a spark enough to burn the whole building costing billions of ringgit despite of full back up by pnb, tbg haji, amanah just like David and Goliath
Impairment loss 2.5billion ringgit already declared and declare another loss for a short period is ridiculous to think about, nothing less to provoke as though money falling from the sky haha just incredible
Read thru the content of Arbitration case.If Umwog loss the case it is only US19.2Million losses.Further this should be accounted by Mgmt or there could be other reasons for drop today
Short selling is common strategy to gain profit when many holding at high price but the bank that gives loan have a big nightmare and questionable of its credibility
Terima kasih en zul, atas bimbingan terperinci, ramai terperangkap Dan tak lena tidur, upa yg jatoh menjunam akan ada tindak balas nak tau esok ada peluang naik mendadak? Saja nak tau ramalan sifu
Time to collect for the future reward. When Heng Yuan change name on 26december 2016 that was the bottom of shell lowest price at 1.99.check and found soon after that it keep on moving until above 18ringgit. That's overvalued price players bleed until today when it traded below 7rm more than 50% drop from all time hi. Time to give second thought to grab this opportunity and average down. My 2cts judgement
Nothing wrong with name change. This event is expected as Umwog is no longer part of Umw. I am just afraid it is not due to name change. The management has been booking a few names like "PNB Drilling" etc. since the demerger before deciding to propose this name.
selling pressure in the afternoon yesterday...maybe foreigners offloading in view of elections. will have to watch whether same pressure comes after 3pm
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....
Jabisma
25 posts
Posted by Jabisma > 2018-04-05 19:09 | Report Abuse
Klu .10 cent tinggal spender ja