if go in SKPETRO, will die terribly, Skpetro out of syariah list, oil price collapsing. even EPF will buy at even cheaper price, there is no bottom on oil price at this moment.
for all those still holding...better hold as it is too much for you to cut loss now...for those havent enter..it is the best time to enter both umwog and skpetro as umwog is considered IPO price while skpetro is already undervalued with its confirmed strong order book... skpetro has also been "oversold"...and will shoot high on monday...
What selling? I am buying some more happily cos it was so expensive last time. Can only see cannot touch. I am buying slowly as I can't fathom the bottom now. uMW is no novice in oil and gas. I may nut know jewelry but I sure know the jewejer.
oil&gas now in very bearish mode.. if u want enter, then must be careful... nobody know how low it will go.. today it might look like a bargain, but tmr it might be a bad deal... nobody knows becoz everyone is in panic mode and just throwing like used papers. this panic in o&g lead to other stock to start having panic also, as we can see... many non o&g related stock also start falling down today.
ppl panic selling then is opportunity to collect. IF lucky enough then can grab lowest price. However, no one know what is the lowest? If the fundamental of the company is good then no need to worry about that
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....
Jim Sted Power
3,429 posts
Posted by Jim Sted Power > 2014-11-20 16:52 | Report Abuse
when quarter results release?