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RH PetroGas
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Oil and Gas counters are volatile
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phongy45
Senior |
12-Aug-2022 19:11
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shorties at work???
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sengkang
Master |
12-Aug-2022 11:08
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Sounds familiar. World crass mickey mouse market behavior - very normal ...lol
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ssw518
Supreme |
12-Aug-2022 10:54
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that' s the great thing about sgx, US future green. the rich one decide, not the result.
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ahberngh
Elite |
12-Aug-2022 10:44
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Even with dividend declared, price also go down, see Geo Res. SGX is a highly manipulated marketed, infested with bbs and contra players. Contra players try to earn quick bucks with one or two pips gain. BBs catch them by pressing down price, contras sell to cut loss, BBs buy in again, and the cycle continues. On the whole, the share price remain statiolnary for long periods. Just my take, no offence to anyone. Please dyodd.
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CoolAngler
Senior |
12-Aug-2022 10:35
Yells: "Sky's The Limit!" |
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No wonder Nano is up by 2cts despite a 1.1 cts div.... don' t know how this stack up... LOL
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Newlearner
Veteran |
12-Aug-2022 10:33
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Nordic reported increased profit and div.... also no movement
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wehuattogether88
Supreme |
12-Aug-2022 10:23
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I think only in SGX, this problem always repeats..lol
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sweet639
Veteran |
12-Aug-2022 10:20
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Not only this counter, all counters in SG are having same problem, when profit up, no dividend declared, price keep going down.
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CoolAngler
Senior |
12-Aug-2022 10:15
Yells: "Sky's The Limit!" |
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Sold down after posting better result..?? Really..?? Don' t make sense..??? | ||||
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Newlearner
Veteran |
12-Aug-2022 10:05
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Incredible.... This kind of result also cannot move    Salute SGX*Many reported solid profit -Not vested- |
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TraderBen
Supreme |
12-Aug-2022 09:50
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wrong prediction..
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LZLOmega
Veteran |
12-Aug-2022 09:43
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It' s crashing
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easywin
Supreme |
11-Aug-2022 23:40
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Tomorrow prepare to fly very high together with Geo Energy  | ||||
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stanip
Veteran |
11-Aug-2022 23:26
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1) P& L growth and scalability:      (+)  Volume up 44%, profit up 85%.      (+)  P& L scalability advantage due to currency: Total costs (cost of sales + SG& A mainly in local currency) only up 29% to support a 44% US$ revenue growth.     (+)  PE now in the 3-4 range  2) Super strong & clean balance sheet:     (+)  Debt free. ( a very strong point in a high interest environment). Cash is even than their net assets.     (+)  US$47.5m cash balance translates to S$0.08 cash per share. In other words, shareholders are only paying S$0.14 to buy RHP non-cash assets and oil reserves...  3) Hidden $5m p.a. profit upside in 20 months       (+)    The right-to-use assets currently are being charged to P& L at $5m per annum as costs. The charge will finish in about 20 months. This $5m " guaranteed" profit improvement will have a significant impact on their profit position in the future. 4) Q4 commencement of a new well drilling as part of the new PSCs. Reserves already there. No need to incur debt to buy...   |
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L.FATT
Member |
11-Aug-2022 18:24
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Wow just wow | ||||
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piscesmonkey
Supreme |
11-Aug-2022 18:17
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![]() Very good result ATH👍 |
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stanip
Veteran |
11-Aug-2022 11:19
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Any news on when H1 result is coming out? | ||||
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Catrade
Master |
11-Aug-2022 01:00
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Crude & Brent coil Future r rising, RH Petrogas should have a good run soon .... |
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stanip
Veteran |
05-Aug-2022 16:06
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SG oil counters bottomed out? China Aviation Oil H1 net profit falls 19% but share up 0.5% today. Rex holding steady despite unclear impact from operational issues. RHP short volume very minimal in last 10 days... Other views?   |
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ahberngh
Elite |
03-Aug-2022 18:29
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Gas Shortage Sparks Energy Security Fears In AsiaRead full article at Oilprice.com. Currently there is a world supply shortage of gas, with Europe having the worst of it. This reminds me that RHP produces a significant amount of gas as well and with gas prices going up, bodes well for RHP. |
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