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Nam Cheong
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ash902
Veteran |
01-Dec-2014 16:27
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coy good fundamentals, ride it out. World needs oil. Worse come to worse, wait for NC' s dividend to come in, some consolation. |
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Qanghoo
Supreme |
01-Dec-2014 16:26
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Maybe the better counters get wacked more. CKs collection time. NC, not direct oil stock, kena wacked by as much as 13%. KrisE, direct oil stock, kena only 5% down. So, looks like NC price being pressed down to chiong later. Qn is how low will NC be forced down before being allowed to reverse course.
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ballball58
Member |
01-Dec-2014 16:22
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This is the O& G equivalent of the dotcom bust in 2000. Eventually, the companies with solid fundamentals and practices will survive and prosper. In the long run, I can' t see Kep, Semb Mar, Ezion,Pac Rad, NC going bust. But companies like Ezra, Swiber and many shaky cos will give me lots of sleepless night. This is an opportunity of a lifetime and if you miss taking advantage of it, you will kick you own butt in 5 to 10 years time. The trick is to pick the biggest and brightest star that can weather the storm at the best price possible and lock it away until it shines again. |
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RoundRound
Elite |
01-Dec-2014 16:00
Yells: "Tikam Tikam can also" |
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Oil & Gas heavyweight Nam Cheong & Ezion, amongst the most profitable cannot withstand the slaughtering and plunged 15% to 20% within a day.
What do you all think of those weak and money-losing Oil & Gas counters will perform in the coming days. No eye to see!! |
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BennyLiew
Member |
01-Dec-2014 15:59
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wow, another one join the double digit percentage drop today.... |
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ballball58
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01-Dec-2014 15:56
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NC is really dropping fast. Come on, get down to 28 and come home to papa!!!!! 
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ballball58
Member |
01-Dec-2014 15:33
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OK, shortists.......next target is .28!!!!! (......that' s the target price I want to long!!!...... !hehehehehe) What a crazy day 
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Heero78
Veteran |
01-Dec-2014 15:26
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shortist heard that u said 0.36 is support...immediately kena attacked liao
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ballball58
Member |
01-Dec-2014 13:46
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Very solid support at .36 ........that is, until the next attack.
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moron101
Supreme |
01-Dec-2014 11:59
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From my shortish broker.
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rheng87
Member |
01-Dec-2014 11:27
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just curious, may i know where do u heard it from?? :D
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moron101
Supreme |
01-Dec-2014 11:22
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Heard there will be very huge qualities of buy-in by SGX on coming Wed & Thu due to naked shortings.. | ||||
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ballball58
Member |
01-Dec-2014 11:05
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Hope to accumulate but think the market panic still has leg to run. Will get seriously interested at .32 -.35 level as there is absolutely no idea how low oil prices can go. However, once some clearer indication appears, the rebound will be very swift and strong. It' s anybody' s guess at the moment.Good luck guys.
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Qanghoo
Supreme |
01-Dec-2014 10:35
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In chinese, nan means south, right? So, nan cheong means sliding down, never mind a bit of mispronunciation. Just a bit of fun to relieve the stress of this horrendous market place.
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pepperfox
Veteran |
01-Dec-2014 10:32
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shorted |
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Heero78
Veteran |
01-Dec-2014 10:32
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yah....hahah...just loaded a few lots....
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McManaman
Member |
01-Dec-2014 10:31
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Oil Prices dropping, investors panicked and sell forgetting that the company is doing well. For the rest of us, time to accumulate. |
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ballball58
Member |
01-Dec-2014 09:50
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NC baby, stop sliding lah........................ Oh, I forgot, I want to buy it as low as possible. OK baby slide away!!!!!! |
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bheart87
Member |
28-Nov-2014 13:28
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Ya! no movement since morning. |
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ballball58
Member |
28-Nov-2014 11:46
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Buyers and sellers seem to be exhausted. |
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