KLSE said hold reach...lol..0.350 target price..but if reach valuable is 0.750 or 1.000 how to hold also no use..before from 0.750 drop until 0.240 also no hold it...
Allow me to do some simple calculations guys, in 3Q 19, 12000 bpd, 60% owned by Reach, oil hit 80 pb, forex 4.14, then every Qtr Reach Revenue is RM 200 M with net profit RM 100M, per Qtr.
where got rich?? 100k @ 0.3, if sell @0.4 only profit less than 10k.. i can use this 10k to add in another around 25k unit REACH to keep again. like B4b4 said... hold for 1 year, in between take some profit then re buy again. Hopefully can become another hibiscus.. but now drop back to 0.39 again... dun let me take profit to add more.. hahahha
Hi Jeffrey Ng, Reach digging Brent oil of high grade ie light sweet oil which is very low sulfur content. This kind of oil is high in demand and very expensive
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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....
acadi
314 posts
Posted by acadi > 2018-09-19 00:07 | Report Abuse
You guys are..may i asked thst is discuss be reduce to somthing the lay man like me u undsrstand..pld