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RH PetroGas
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Oil and Gas counters are volatile
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stanip
Veteran |
03-Nov-2022 00:31
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Brent up 1.8% to $96.4 so far... mainly due to US inventory drops 3m barrels. Common question is what will happen when there are no more supplies from oil reserve releases.  Other factors impacting the oil sentiment: OPEC pumping below target, upcoming disruption from EU embargo and China considering ways to reopen. Oil price to hit $100+ by end Dec?   |
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sengkang
Master |
01-Nov-2022 15:15
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Positional plays by BBs leveraging on oil futures trading and hedging affects market for sure. Hence volatility remains the biggest factor affecting this counter. Yesterday weak today up (?) Holding out based on strong fundamentals seems the best option for retail players, imo Fingers crossed   
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TraderBen
Supreme |
01-Nov-2022 11:59
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sometimes.. being patient doesnt pays off.. have to relocate funds to elsewhere.. | ||||
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stanip
Veteran |
01-Nov-2022 10:09
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Agreed. Need lots of patience for RHP/oil believers.  Global oil shares outside of SG keeps hitting new highs... value is there with RHP.  Need to wait for 2022 results...etc. Looking at USD vs Indon rupiah, YoY strengthens by 10% (what does this mean for RHP?). And LNG price up YoY from $17 to now $50+. Oil remains in the $90-100 range while RHP last year ave oil price was around $70. Different oil price forcasts for 2023 range from a conservative $90+ to an aggressive $110+ while balancing to recession fear and China covid actions.  RHP management seems less actve with PR comparing to other counters. Hope they will do something for shareholders with the bumper cashflow this year. Am still holding on... DYOD.  
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wehuattogether88
Supreme |
01-Nov-2022 07:20
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Lol, Limited money or funds to push higher.
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TraderBen
Supreme |
01-Nov-2022 05:21
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Look at the energy sector in USA.. making new high after new high, here rex n rH down more than 50% from high,, wts | ||||
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TraderBen
Supreme |
31-Oct-2022 22:48
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Common in SGX | ||||
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ETHunter
Master |
31-Oct-2022 16:57
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Wondered why this stock underperform? Oil price still elevated at 95. And likely to make a lot at this level..  
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sengkang
Master |
29-Oct-2022 12:49
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This stock has a very attractive PE. Range bound trading due to lots of scalpers out there. Despite weak market sentiments,  it' s really a value proposition for those who can hold. My thots.  
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TraderBen
Supreme |
28-Oct-2022 15:13
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oil alway chiong during USA trading time and drop during asian trading time.. no wonder all oil stocks chui.. | ||||
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noobnub
Supreme |
21-Oct-2022 15:00
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take profit liao sure must lao sai | ||||
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TraderBen
Supreme |
21-Oct-2022 14:58
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SuDDEN LAO SAI!! | ||||
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kt3152
Supreme |
20-Oct-2022 22:10
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Congrats..too bad, I already sold mine....oil now chionging....
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noobnub
Supreme |
20-Oct-2022 19:22
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tomorrow wait to take profit
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L.FATT
Member |
20-Oct-2022 17:26
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Wow | ||||
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noobnub
Supreme |
18-Oct-2022 13:40
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nice added more 184
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noobnub
Supreme |
18-Oct-2022 09:10
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today slowly buy 184 with the bbs | ||||
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noobnub
Supreme |
17-Oct-2022 16:52
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mostly covered 182 left abit more to cover
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noobnub
Supreme |
17-Oct-2022 16:45
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swee
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noobnub
Supreme |
17-Oct-2022 16:27
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time to slowly cover huat ah
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