Latest Forum Topics /
RH PetroGas
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PARAGONREIT- STEADY UPTREND
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Davidson
Senior |
06-Jan-2015 14:43
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No comment. Oil may continue to fall. U can check with the champion here? I,m just a small tiny retail player. | ||||
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bearishbull
Member |
06-Jan-2015 14:36
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RH can buy now. How are you senior davidson | ||||
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HVRRVH
Elite |
22-Dec-2014 20:00
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This stock very risky. It traded at 70/80 cents not too long ago. Intraday price spread can be very wide too at times, like today. For deep pocket traders it' s very attractive. 
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uchihaclan
Veteran |
22-Dec-2014 19:25
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why chiong so much anyone got idea? |
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Wind22i
Supreme |
18-Dec-2014 18:22
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Looks like rebounding .. | ||||
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Davidson
Senior |
18-Dec-2014 15:22
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Busy with work. Did you buy some to break even bearishbull member? | ||||
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bearishbull
Member |
18-Dec-2014 11:21
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Wow rh very good this 2 days you got buy?
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bearishbull
Member |
17-Dec-2014 12:39
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Oh sorry my apology's. Taught they don sell oil to other country. I am newbie to stock market. Anyway expert here is it a good time now to enter oil counter like ezion or ezra, linc
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golden_SGX
Master |
15-Dec-2014 20:50
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Davidson
Senior |
15-Dec-2014 18:55
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Hi bearishbull member. This forum is very good we have many expert here to seek advise. Rh petrogas is a very speculative counter, when there is good news the price will fly but may be oil from personnel view may continue to drop to $50....0r below. The final decision sell or hold is still you. Trade with cautious. Good luck all | ||||
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nqing87
Supreme |
15-Dec-2014 15:14
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what u mean china dont produce oil? it has always been producing oil isint it? just that it' s oil production not enough & has to be a net importer of oil
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bearishbull
Member |
15-Dec-2014 15:06
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It shoud be good senior. Since china does'nt produce oil. And they are the biggest consumer
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bearishbull
Member |
15-Dec-2014 11:53
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Oil price start to rise again
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moneyplant
Master |
14-Dec-2014 22:10
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Food For Thought oil remains a necessity, and it will face further scarcity in the future. Conscpiracy theory is that the saudis are betting big economical weapon against ISIS to slow down their progress. US is betting big to screw oil producing nations to short big to recoup the lost decade from the recession  After all its tracing back American culture remains all about cowboy malbora man..war & gambling.  As long as it is economical to produce heck about the prices...profits to ring for such producers....the fall is only in the index not the physical product. |
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Davidson
Senior |
14-Dec-2014 20:26
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Thanks doufei senior. Btw Rh petrogas start production of oil in China early 2015. Is this a good news to the company??? Most of us know that oil price fall sharply because of price war, over supply, slow economy and short oil share.......( manipulation) | ||||
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doufei
Veteran |
14-Dec-2014 18:49
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Not expert, just sharing my personal thoughts here. Current situation is bad for O& G as oil price expected to drop further. Better not to touch now O& G now. Did not follow Linc energy, can' t commend. Between   Rex and RH, I favour Rex as it has high cash, zero debt and good potential to grow. With so many good oil companies share price low, present good opportunity for Rex to utilise its cash to invest. Can buy if price is below 30cents, but must be able to hold at least 2 years. Oil is necessity, no fear no demand, price will up when supply slow down.
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Davidson
Senior |
14-Dec-2014 16:32
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Thank you very much Expert for the sharing. If u are in the position of those who are holding wat will you do? Is linc energy a better bet?? | ||||
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doufei
Veteran |
14-Dec-2014 16:11
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Extracted from RH' s financial for reference. Current NAV is less than 22 cents. Current price at  33 cents  is already higher than NAV.  With more losses expected, NAV will drop further.    
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doufei
Veteran |
14-Dec-2014 15:54
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Personal opinion here, better not to touch oil counters till oil price stabilise and reverse up. As oil price keep dropping, all O & G counters will be affected and slide further. Moreover, RH is big loss making company, very hard to survive and turn in profit. Fate may be the same as Mirach, under 10 cents. |
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edwinjup
Supreme |
14-Dec-2014 15:13
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Price look attractive but future dim....even shale producers close shop due to saudi actions..they will.reopen when.price up.....now oil supply is more than demand...
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