Get ready to start yr Engine!!
4.1 cents felt a bit thin. But, 4 cents volume was very strong.
Looks like more players jumping in. Huat huat.
Last:0.041 Vol:22462k 
+0.003
vol back today.. looking forward to higher upside next week!
gd luck dyodd
Last:0.04 Vol:1809knot much activity today..wait for big vol transaction hopefully it' s a big buy up..
gd luck dyodd
Just a matter of little more strength to hold to realize some profits.
Cheers to all!
lai liao... 😀huat oh
lai liao... 😀
huat oh
Thanks, Forrest Gum. I'm more than willing to blow the fan to make the fire stronger & higher! Huat Ahh!!
Looks like smoking up to fire.
Looks like smoking up to fire.
oops kena flushed down last minutes... see if it can hold ?
When you buy more? Buy more, so price can fly? More demand > supply, then price should fly. hehehe.Jokes aside. Fundamentally, there are no " surprises" in the results. The " plagued" ship (read the sgx announcement) chapter is finally over. Presumably, there should have been provisions set aside for the cost of the ship, which has to be written back. I' m using basic accounting knowledge. Ample provisions should have been set aside to cover the costs of the ship including any costs of " ding dong to and back" , which is required under matching concept in accounting. (May be more seasoned old birds have insights on the quantum of the provisions).
I can smell the provision write back in the coming quarters, but no idea which quarter it is. Probably, should be very soon, since the ship supposed to be off the books already.
Then, there is the equipment leasing to exploit marginal oil fields. Strangely, no one discusses about this in this forum. It is an interesting development for federal and especially that this enhances yields from older oil fields. Demand should be quite strong in places like Indonesia and Malaysia. However, the profitability and scale of this leasing plans are quite uncertain at this point in time.
Core trading business for parts should be stable. I don' t foresee fluctuations in this. Its like your neighbourhood provision shop, except retailing parts for o& g companies.
Vested, any idea when and what will push this s
When you buy more? Buy more, so price can fly? More demand > supply, then price should fly. hehehe.
Jokes aside. Fundamentally, there are no " surprises" in the results. The " plagued" ship (read the sgx announcement) chapter is finally over. Presumably, there should have been provisions set aside for the cost of the ship, which has to be written back. I' m using basic accounting knowledge. Ample provisions should have been set aside to cover the costs of the ship including any costs of " ding dong to and back" , which is required under matching concept in accounting. (May be more seasoned old birds have insights on the quantum of the provisions).
I can smell the provision write back in the coming quarters, but no idea which quarter it is. Probably, should be very soon, since the ship supposed to be off the books already.
Then, there is the equipment leasing to exploit marginal oil fields. Strangely, no one discusses about this in this forum. It is an interesting development for federal and especially that this enhances yields from older oil fields. Demand should be quite strong in places like Indonesia and Malaysia. However, the profitability and scale of this leasing plans are quite uncertain at this point in time.
Core trading business for parts should be stable. I don' t foresee fluctuations in this. Its like your neighbourhood provision shop, except retailing parts for o& g companies.
Vested, any idea when and what will push this sh
Take note of this rocket...once 40 broken it could cheong ... it has good fundamentals and nice profit on its table 🙂
Vested, any idea when and what will push this sh
Take note of this rocket...once 40 broken it could cheong ... it has good fundamentals and nice profit on its table 🙂
Well there was a few k lot at 3.8 cents ytd lol ... 3.9 cents is a few hundred lot ytd ... well not sure if ur observing :
Take note of this rocket...once 40 broken it could cheong ... it has good fundamentals and nice profit on its table 🙂
Well there was a few k lot at 3.8 cents ytd lol ... 3.9 cents is a few hundred lot ytd ... well not sure if ur observing 🙂
My advice is DYODD.3.8 cts very hard. Unless you queue early, else volume at certain low prices too thin like a few hundred on some days. Strange, but true.
Dun trust others' predictions. DYODD the best. Understand what you are buying into.
