Look good to get some. Roughly still hv 2 years time to get QA. But management confident to get end of this year. Downside price limited if can get btw 0.05~0.06 . Allow yourself to hold 1 more year only. If no progress then cut lor.
oil and gas die alrerady don't get trap. stay away. Rumuour say USA currently testing eletrik cars can last for 1000 km per charging.Nearly completed. OIl and Gas die already
Share market is big fish swallow small fry. Don't believe in whatever report in the news. don't believe if a try on each counter. see whether can up or not after strongly recommended.
$26 crude oil coming? That's what this chart says Crude oil futures (New York Mercantile Exchange: @CL16F) briefly dipped below $40 a barrel on Wednesday, as crude's November drop continues. And one technical analyst sees oil falling much lower even from these levels. Todd Gordon of TradingAnalysis.com begins by noting that in the financial crisis, crude oil fell 77 percent from its highs. "Technicals say that in a good, solid pullback we should see an equal-leg push in the current move lower," Gordon said Wednesday on CNBC's " Power Lunch ." "A 77 percent drop from the reactionary high up at about $114 puts us at $26 in the crude oil market." A $26 print on crude "is entirely possible in this environment in strengthening dollar, in a potentially falling stock market in the near future," Gordon added. A further 35 percent decline in crude is not as far-fetched as investors might think, said Stephen Schork, the editor of the Schork Report. "At $40, we already know we're at a level that's not economical," Schork said, meaning that the price of oil is lower than the supply and demand environment would suggest. While that would mean higher oil in the long term, it also means that in the short term, oil could "absolutely" fall even lower to a level that would be even further out of whack.
"Never say never," the energy expert said.
Read More Oil: The case for low for longer prices In fact, Goldman Sachs said in a September report that the heavy supply of crude oil could potentially drive the commodity down to $20 per barrel in a bear-case scenario. Still, traders aren't exactly playing for that outcome. The options market imply a mere 4 percent chance that oil will find itself below $27 in March
Getting info from the reliable source is IMPORTANT. as for the news on media (broadcast/print), they too refer from reliable medium because, if they were to publish false info, they can be sued. am pretty sure that all SPACs are following the rules from Securities Commission and Bursa. My advise is, get as many info from all the sources, digest and understand, after that make comments. Opinion is free unless u sell urs but knowledge is pricey :) sharing the right info is crucial especially when the mind set is blocked with the 3 years thingy and also not analysing it in a wider spectrum.
Ladies & Gentlemen, click on the link below. it's the Company Announcement on Bursa link. Definitely legit :)
Comparing these 3 SPACs is common, but on what base are you comparing it with? are they on the same regulations by the SC? if you were talking about the acquisition, not all 3 SPACs are buying at the same area. 1 in Australia and the other 2 in Kazakhstan, still, on the technical aspects of it, are we experienced enough to make assumptions on the forecast? opinion is free then again, better be good ones. :) happy trading traders
Lady D , I am in after reading your post. TQ Did not have much money left to buy but manage to buy 38,000 shares of reach wa at 0.04 cents at 12.29 plus 58 seconds just before 12.30 PM click. Immediately i click buy online immediately i see 12.30pm and it was registered as match all in my screen. Hope it is a good sign
Thank you Lady D , I hope mother go up too , we the children need our Mother Protection and guidance and leading . I will drop by the and the the mother soon
seanteoh, i disagree with you. totally two different counters worr and different asset. i heard thru the grapevine some good news is brewing now for Reach Energy of yet we should know 21 days before the EGM. Therefore, we should keep on buying since the price is so low now. Warrants are risky but the returns are high too once the mother goes up lorr...
in investment you need logic,not emotion...as long as the price of mother share does not move above it's reserve price, as what had happened to sona, 100% reach's QA will be rejected by shareholders and finally this spac again will fail....at current price even the promoters bought the shares,not necessarily because their confidence, but because if QA fail also, guaranteed yield of about 14% ....
LadyD , pls check how yield investor CREDIT SUISSE keep collecting its mother shares these few weeks , don't try to bias other investors , eventually this counter same as CLIQ-WA & SONA-WA , don't dreaming , wake up , please !
Can someone explain as to why there is a long que for warrant given its current situation that there is a possibility shareholders may vote against the QA?
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....
makjemah
73 posts
Posted by makjemah > 2015-06-10 11:34 | Report Abuse
1st Q&A probably early next month...just collect more..