Haiz got con by the analyst again. You guys advise is better than the analyst.
Personal opinion. The price now look very attractive but the low can always be a new low..... I,m also holding on this counter. ( make big mistake should cut losses earlier) Those who short from high make big $$.....Ezra from peak $1++. The expert here and explosive can provide a better sharing. Now oil price $57+ a barrel..... If the fall continue may see the oil next level $50 to $45???
Senior Davidson & explosive, I bought this stock at 0.48 cents should I hold or sell now. You guys think it will drop to 10cents .Or should I change to ezra since its a stronger oil company and trading at 53cents which I think is very low now.
Davidson ( Date: 09-Dec-2014 18:58) Posted:
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Agreed. Penny counter! The fall is terrible.
May go down below 10cents if oil price maintance at USD30 to 50 per barrel in the next 3 to 6 months.
What happen to this counter? Daily dropping sharply? From 0.98 to 0.33? No support at all. Oil become water pricing??
Good time to slowly enter..
That' s how they release their toxic shares.
doufei ( Date: 06-Dec-2014 16:09) Posted:
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Don' t ever believe the analysts' report. The higher valuation they give, the more the price fall further. Many examples are Ezion, QT Vascular, Kepcorp....etc. All price fall further instead of reaching the high target price.
ballball58 ( Date: 06-Dec-2014 13:57) Posted:
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As recently as 22 Nov, OSK-DMG gave this stock a fair value of $1.38.
It is now 39c. I am speechless.
Problem with this coy is that it' s losing money and the sector is a falling knife.
The  gambling side of me says get some if it falls further to say 35 or 30, what do you have to lose?    But my logical side says stay clear as this is the kind of coy you most want to aviod having in your portfolio.
 
Even profitable Pacific Radiance also dropped 50%. 
doufei ( Date: 06-Dec-2014 08:05) Posted:
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Huge loss making oil company. Oil price fall, losses more. Wonder how it is going to survive.
CashKing ( Date: 05-Dec-2014 23:53) Posted:
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this counter dropped over 50 pct already.. can run road
HAHA.. LOSE ABIT MONEY.. COME FORUM POST SHORT SHORT SHORT... PATHETIC...
explosive2013 ( Date: 17-Nov-2014 21:46) Posted:
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loss making. O& G related. Best to avoid for now
time to buy some at about 39c ...
sian...this counter is ALL TIME LOW
Long time didnt contra.. jus to gamble abit..
yeah time to long!! good luck all whom are with me. haha
johnng ( Date: 01-Dec-2014 15:50) Posted:
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time to long!
Down to .42. This is same level back in 2012, before they got approval for the China oilfields, before they got fundings to drill the China oilfields. Shows that fear sentiment is at play full force. Valuations are taking a backseat. Its sell first and think about next move later.