ya...is quite cheap now...guess will be rebound soon...
WOW so Cheap!
but don't understand why it wants to go down.
the virus , USA only 5 infection no death yet.
China holds the most infections(95%) and 170 infected but 124 cured!
big boy wants to buy cheap!!!!
anyway, it cannot be considered as global due to the most qty percent in China alone!
it should be China standalone cases and can be cured if Chinese all stay at home two weeks and the disease won't spread.
This stock very high volume recently, good buy?
Slowing accumulate for financial year end 1.5c dividend.Maybe Management might give special dividend due to robust result.
Last Friday stock px dropped to 52.5c and bounced back to close at 54c.Shortist Kena trapped.
Oil px hit $60.
Oil px hit $60.
Lai liao....
Octavia ( Date: 13-Dec-2019 16:08) Posted:
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LONDON  (Reuters) - Oil rose on Friday to its highest in nearly three months as progress in resolving the U.S.-China trade dispute and Britain' s general election result appeared to lift two clouds that have been dampening investor appetite for risk.
U.S. sources said on Thursday that Washington has set its terms for a trade deal with Beijing, offering to suspend some tariffs on goods and cut others in exchange for Chinese purchases of more American farm goods.
Brent crude, the global benchmark LCOc1, climbed to $64.95 a barrel, the highest since Sept. 23, and as of 1000 GMT was up 71 cents at $64.91. U.S. West Texas Intermediate crude CLc1 gained 52 cents to $59.70.
The 18-month trade war has been a dampener for oil prices, while uncertainty around Brexit has also weighed. Britain' s ruling Conservative Party won a large majority in Thursday' s general election, giving it the power to take the country out of the European Union.
" An eventful past 24 hours has removed a layer of uncertainty for the global economy," said Stephen Brennock of oil broker PVM.
" Yet it remains to be seen whether the return of the feel-good factor is enough to set oil prices on a definitive northerly trajectory."
A drop in the U.S. dollar .DXY against the backdrop of a strong pound helped boost commodities. The pound surged more than 2% on Thursday supported by the election result.
" Risk appetite among financial investors is now likely to remain high thanks to the deal between the U.S. and China and the forthcoming end to the Brexit cliffhanger," said Eugen Weinberg, an analyst at Commerzbank. " This will also benefit the oil price."
Brent has rallied by almost 21 percent in 2019, supported by efforts by the Organization of the Petroleum Exporting Countries and allies including Russia to cut production.
Thel alliance known as OPEC+, agreed last week to lower supply by a further 500,000 barrels per day as of Jan. 1. They have been limiting supply since 2017, helping to clear a glut that built up in 2014-2016.
OPEC' s own research indicates that the oil market in 2020 may see a small supply deficit, although the International Energy Agency sees global inventories rising despite the further step by OPEC+.
Price action look strong yesterday and today.Maybe can see 56c next week.
Strong support at 52/52.5c.
Hopefully got surprise contracts win before end of the year.
Hmm....hope to chiong 60 today....
it is apparently going to 0.6.
tomrrow may retrace back a bit to 056 or best if 054
previously went to 0545, retrace down to 520.
just very curious why the jump in volume.
tomrrow may retrace back a bit to 056 or best if 054
previously went to 0545, retrace down to 520.
just very curious why the jump in volume.
peppergal_87 ( Date: 18-Nov-2019 21:38) Posted:
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Is it still too late to go in? I may have some spare cash from another stock so thinking of staying invested.
Octavia ( Date: 18-Nov-2019 19:34) Posted:
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anything new coming out?
i sold at 0.56 thinking its near day peak.
didnt expect 0.58
Closed at 58c shy of day' s high 58.5c also 52 week high with astounding volume of 14.6M. The past 5 years hardly see such big volume transacted other than in Apr 2018 (20M)whereby Serba  Dinamik International took a 20% stake in the company.
round 2.....
getting nearer.....
very powerful today......
chiong ah.....60
Ya nice pick. I am in this too. Looking forward to 70C, and another handsome dividend payout like last FY.
Octavia ( Date: 17-Nov-2019 20:41) Posted:
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