O&G Strategy Q1 2023 1. Short Hengyuan as mentioned two months ago 2. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play) 3. Small cap penny stock gamble (Velesto energy and RL [Reservoir Link])
1. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play) 2. Small cap penny stock gamble (Velesto Energy, Bumi Armada, RL [Reservoir Link]) Added Bumi Armada and removed Hengyuan because now no longer able to IDSS/RSS Hengyuan except corporate trading account.
1. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play) 2. Small cap penny stock gamble (Velesto Energy, Bumi Armada, RL [Reservoir Link]) Added Bumi Armada and removed Hengyuan because now no longer able to IDSS/RSS Hengyuan except corporate trading account.
Reservoir Link Energy Bhd’s 51%-owned subsidiary Founder Energy Sdn Bhd has won five solar contracts between October and November this year, with a combined value of RM12.05 million.
With these contracts, Reservoir Link’s order book for the solar renewable segment increased to RM51.5 million. These projects which primarily involve the development of solar energy-related facilities in Kuala Lumpur, Selangor and Perak are targeted to be completed between end-2022 and mid-2023.
Do not lose hope. Continue to add on weakness. Insiders want YOU to sell so do not donate your shares cheap to them. Keep holding and don't pay attention to short-term price action.
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....
mujinkun
147 posts
Posted by mujinkun > 2022-05-30 11:35 | Report Abuse
I might be miss the news again, what is the outcome of GM?