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1301-1320 of 1883
Volume not bad this week
Shortist covering those position below 10cts?
From 8cts to now 13cts.
Anyone buy this one?
I mean buy, not short.
Hate Shortist that kill the bull market.
Shortist covering those position below 10cts?
From 8cts to now 13cts.
Anyone buy this one?
I mean buy, not short.
Hate Shortist that kill the bull market.
oil UP, T13 shoot UP...
this one shoot UP % increase a lot leh
then rex or kris ?
see 15 first then higher
Hm ... ... something brewing?
Up another 1cts.
Can Climb to 20cts?
Up another 1cts.
Can Climb to 20cts?
Waking up liao :)
Up 40% in 3 days ......
Prediction on RH Petrogas
8 Aug- RH Petrogas (Closed $0.08) (With NAV Negative -$0.0401) - I predict that it will fall to at least $0.07 / below within 10 working days.
9 Aug- Public Holiday
10 Aug- RH Petrogas (Closed $0.094) - Increased by $0.014 (with negative NAV due to massive speculation)
11 Aug- RH Petrogas (Closed $0.10) - Increased by $0.06 (Public continues to speculate on junk stock that has negative NAV with no value)
12 Aug- RH Petrogas (Closed $0.085) - Dropped by $0.015 (-15%)
15 Aug- RH Petrogas (Closed $0.085) - With negative NAV, there is 0 cents for public in event of a default/ liquiditation. It remains negative value to date.
16 Aug- RH Petrogas (Closed $0.085) - With negative NAV, there is 0 cents for public in event of a default/ liquiditation. It remains negative value to date.
17 Aug- RH Petrogas (Closed $0.10) - Speculation despite negative NAV remains a risk for investors in event of a big drop, because its real value by NAV is lesser than 0 cents.
18 Aug- RH Petrogas (Closed $0.085) - Dropped by $0.015 (-15%). RH Petrogas NAV is in negative territory which is lesser than 0 cents, which makes loans unpayable once unable to pay loan/ no further loan from banks as is negative asset value
(RH Petrogas NAV is in negative territory which is lesser than 0 cents, which makes loans unpayable once unable to pay loan/ no further loan from banks as is negative asset value)
CONTAGION EFFECT:
Even before Swiber' s fall, the local O& M sector had already started seeing a shakeout as order books declined and contract deliveries were deferred or cancelled. A case in point: Otto Marine in June received a delisting offer for its shares. Technics Oil & Gas filed for judicial management and Linc Energy has gone into voluntary administration. Auditors for KS Energy, EMS Energy and RH Petrogas have expressed concerns over these companies as going concerns.
With over half the $18.3 billion sector bank borrowing from mid-sized service companies, Singapore banks could see loan losses rising.
At its worst in December 2015, the O& M industry contracted by 42 per cent, an all-time low due to plunging oil prices. For the past few months, the industry has been contracting by 30 per cent on average, worse than the financial- crisis period when growth was con- tracting by 20 per cent for several months.
http://www.straitstimes.com/business/economy/spore-feels-aftershocks-of-swibers-fall
Rotational play?
Why ...got some news?
halleluyah ( Date: 08-Jun-2016 13:39) Posted:
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Tis bugger can reach 20cts vry fast wan.....
See can go 20cents tml
CHIONG arh today!!
The upward move is way overdue and the spring has been wound very tight. Very few sellers. Oil price is at Oct 15 levels. RH at oct 15 was 21/22 cents...... :)
Where is the power?
See can re-test 20cents later not...REX SO POWER
Run up nicely nw
Like Rex, another good one...
Above 20 liao
bb collecting cheap from contra sellers ? going to cheong above 20cts to avoid mtp rule?
Time to relook at this one?