kelvin teh i think only way is just got to wait till 100% lost or wait till go up as high as it could then cut lost.if correct u should be above 70% lost..sorry to hear that .. i hope all be okie
4Q result will be negative, short term debts shot up to 3.3b but cash in hand around 1.1b current ratio 0.5 wonder how they are going to service the loan later, right issue, bond?
. not very convincing as recommended by most brokers to sell. all set tp < rm1 there must be some reasons for that.. guess higher price now is held on by many losing investors! the dam may burst anytime! before buying further, please read their financial position carefully. there may be still many other better oil counters.. my humble opinion only..
UMW PR or Corp Comms-why so much money spent on advertising on bfm radio, should put money in real things that matter. Advertising is okay but almost every day for the past many weeks even more than a month, give shareholders dividend instead since extra money! Biggest disapppointment in my portfolio.
Ourprediction is within 13 days skpetro most likely drop below 0.7, perhaps between 0.62 - 0.76 according to our statistic. Global oil price will plummets to its lowest level around 28.3 - 31.9 due to 4 main factors as we all know. - ISC -
"Iran’s exports have fallen by ~1M bbl/day since 2011, the year before the start of western sanctions on Iran’s exports; Iran had 36M barrels of oil stored in offshore tankers as of last month"
if your price is too high, above 1.8.. feel sad to you guys, i think is hard for you guys to cut lost now..just hold and wait for the oil rebound if your price is 1.3-1.8, you can cut or reduce your position in oil and gas since not so painful yet. if your price is below 1.3...fast sell lar, wait for what? sell first, wait for next buying signal.
Right now its out of our power to do anything with the current crude oil price, UMWOG has too many rigs not in service and I doubt any operator can afford to operate at this level. Hence, outlook for UMWOG is cloudy as of now. Sigh.
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....
fragile84
87 posts
Posted by fragile84 > 2015-11-17 21:01 | Report Abuse
kelvin teh i think only way is just got to wait till 100% lost or wait till go up as high as it could then cut lost.if correct u should be above 70% lost..sorry to hear that .. i hope all be okie