Myanmese can now come in freely this Dec, so means they are cleared and therefore business will be stable for Mirach energy, right? Last time I was afraid the Rohingas might cause trouble so refrained from buying. I think can try buying some if they start to play. Then will be very speculative one.
Strange, I notice the profit was higher than the revenue when I came across the below from the company' s result Q1 2016. Anyone notice this?
Mirach Energy Limited Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2016
Source: Singapore Exchange
Type: Announcements of Earnings
From: 11/May/2016
I bought 100,000 shares at 0.165
Exactly !
So you expect Oil Price to be around $5 ?
Or 50 Cts ? How much lower you want Oil Price to be ?Demand for Oil is increasing due to urbanization and exponential population growth. India demands for Oil is increasing. So is China. So is Europe.
Oil reserves is a diminishing Constant. Demand for Oil is not.
Back then I suppose oil price is much higher ? Now only 44 a barrel
Exactly !
So you expect Oil Price to be around $5 ?
Or 50 Cts ? How much lower you want Oil Price to be ?
Demand for Oil is increasing due to urbanization and exponential population growth. India demands for Oil is increasing. So is China. So is Europe.
Oil reserves is a diminishing Constant. Demand for Oil is not.
Back then I suppose oil price is much higher ? Now only 44 a barrel
Mirach Energy during bullish times was 30 cts .Now ? Not even 10 cts.
So, are we in bullish times or near bottom ?
Back then I suppose oil price is much higher ? Now only 44 a barrel
Mirach Energy during bullish times was 30 cts .Now ? Not even 10 cts.
So, are we in bullish times or near bottom ?
Mirach Energy during bullish times was 30 cts .
Now ? Not even 10 cts.
So, are we in bullish times or near bottom ?
This is another Linc energy(bankrupt) in the making. Dyodd.
At this price, it looks tempting considering it has been consolidated 10:1, sometime back. I bought it before they consolidated at 6 cents, bought 50,000 shares ($3,000) after consolidation is 5,000 shares but the price never consolidate to 60 cents leh.
It is only worth $400 today' s prev closing. Walan, cut my throat liao.
Charles, tell your friends not to sell lah. Hahaha.
any news for this share...
Its return to making profits should not be neglected. Furthermore it has a book value of 49 cents and is trading one quater of that.
So that is why I believe can take a second look and expected the unexpected! Lol.
Never touch this dead counter! no volume. only good for shorting it down.
Never touch this dead counter! no volume. only good for shorting it down.
ME starts making money in Q1 2016. If it continues to make profits, then there is hope for it to return to its NTA price as per SGX of 49 cents. Now it is trading 1000% below the book?
This dragon Waking up now.
Now with Myanmese free visa to Singapore, will it be good for Mirach as their workers may be able to toing and froing to Sg for upgrading more easily?
I believe Mirach is still active in Myanmar, anyone has this share and knows its business? Believe this one discarded much by market.
What' s the meaning of Qualified Persons Report released at SGX on 30 MAY 2016?
This dragon tail moving.
