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RH PetroGas
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What happen to RH PetroGas
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Zindarion
Veteran |
14-May-2014 18:39
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substantial buy up today. 
Lai Lai give me 75 cent  
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Zindarion
Veteran |
09-May-2014 23:06
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Chill bro, this counter will not gone case. Look back at their poor FY13 result and many failure of oil exploration.  This counter still stand firmly at 0.66 today. One of the reason mainly supported by BB along the way. I have ride from 90 cent till 49 cent, basically nothing to worry at all. Cheap collect and collect. Now happy to see how high it can go.  
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lucky168
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09-May-2014 22:31
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the longer the wait the higher the expectation and if the outcome did not meet expectation, well... the stock is gone case.
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Zindarion
Veteran |
09-May-2014 21:54
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Q1 2014 result is out. Not so good but still profit.
Update on Fuyu as well, still maintain first half 2014. Guess need to wait till neck long long. |
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foucs69
Veteran |
08-May-2014 16:10
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hmmm maybe undertable kopi not enough |
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lucky168
Veteran |
08-May-2014 15:58
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getting paperwork done in China is never easy... lol |
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Chewbecca
Senior |
08-May-2014 15:41
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down to 65 support level .... hope it holds...
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Chewbecca
Senior |
08-May-2014 00:57
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Cant break 70 cents without gd news. Many in same boat
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lucky168
Veteran |
07-May-2014 22:46
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waiting for the fuyu till neck long long from last year 4Q13 till 2H14.... still not here??? approval got problem? |
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Zindarion
Veteran |
30-Apr-2014 08:54
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Horizon Oil Ltd.'s combination with Roc Oil Ltd. to create an Australian energy company worth 800 million Australian dollars (US$741 million) raises a strategic question: should it list on an Asian bourse?
The all-share deal unveiled Tuesday brings together Horizon's oil field in southern China and gas reserves in Papua New Guinea with Roc's oil fields in Malaysia and northern China. The merged company will be based in Sydney and led by Horizon Chief Executive Brent Emmett, and will have around A$200 million in cash. Asian listings, especially in Hong Kong and Singapore, are becoming more attractive to foreign resources companies with operations in the region as they look to tap investors with a deep understanding of one of the world's fastest-growing energy markets. Among companies that have made the move in recent months is oil and gas explorer Linc Energy Ltd., which joined Singapore's SGX exchange in December after delisting from the Australian Securities Exchange. The move saw it attract a unit of Malaysian conglomerate Genting Bhd. as a cornerstone investor. It wouldn't be the first time that Horizon has mulled an overseas listing. In 2011, it considered listing shares in Hong Kong, but dropped the idea because the company lacked scale in China to justify such a move. Should Mr. Emmett revive plans for an Asian listing then he is likely to favor Singapore this time around, given the city-state's proximity to the combined company's major projects in Southeast Asia. Horizon has been promoting the potential for a new gas-export project in Papua New Guinea, after making a series of large discoveries including the Stanley, Elevala and Ketu gas fields. An investor presentation accompanying the announcement of Tuesday's deal showed that Singapore-listed energy companies Rex International Holding Ltd., KrisEnergy Ltd. and RH Petrogas Ltd. are valued at higher multiples than their counterparts in Australia. Further impetus for an Asian listing could come from the combined company's share registry. Horizon's biggest shareholder is Heritas Capital Management, a unit of Singaporean conglomerate IMC Group, which owns everything from container ships to exhibition centers. Heritas will have around a 13% stake in the combined company. Singapore's FTSE Straits Times Index is up 2.4% so far this year, slightly underperfoming the 3.4% rise by Australia's benchmark S&P/ASX 200, but ahead of several other global indexes including MSCI World Index, which is up 0.6%.
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Zindarion
Veteran |
29-Apr-2014 12:10
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Another round of Buy Up? Something real big is brewing.... |
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Zindarion
Veteran |
25-Apr-2014 19:47
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There is no drilling / exploration into new wells for 1st Quarter and 1st Quater FY result will be announcing in early May. Hopefully the recent rise related to this as well as Fuyu approval. Still have no idea what is hidden in recent rise, looking at it should be quite a huge news else how to rise from 50 cent to 68 cent? |
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Liverpool77
Senior |
21-Apr-2014 16:53
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68 now |
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0088800
Member |
17-Apr-2014 13:35
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How high will the price go?   a)70-79 b)80-89 c)90 and above |
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lucky168
Veteran |
15-Apr-2014 21:59
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no news yet... but hopefully it is related to fuyu-1 |
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Liverpool77
Senior |
15-Apr-2014 18:34
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Huat ar! | ||||
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francisd
Master |
15-Apr-2014 16:31
Yells: "BUY LOW SELL HIGH" |
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Thanks " guoyanyunyan" The TP " Our institutional research has a fundamental BUY with a target price of S$1.40." UNBELIEVABLE. |
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guoyanyunyan
Supreme |
15-Apr-2014 16:24
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RH PetroGas (RHP SP, T13)
Technical BUY with +23.2% potential return
Last price: S$0.675
We maintain our previous technical BUY(featured on 6 Mar 14) with a revised target price of S$0.795 as the stock appears to be supported by its mid Bollinger band and its rising 20-day EMA after it gapped up on 21 Mar 14. Its +DI has hooked up and may rise correspondingly with its ADX. Watch to see if its prior bearish crossover at its MACD indicator could be negated. Protective (trailing) stops could be placed at S$0.60. Our institutional research has a fundamental BUY with a target price of S$1.40.  Source : UOB KayHian Research |
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francisd
Master |
15-Apr-2014 16:03
Yells: "BUY LOW SELL HIGH" |
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Any news.... Not vested.   |
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daffytlh
Veteran |
14-Apr-2014 15:46
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today y suddenly go up so much?regret not vested. |
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