REAL Oil and Gas counter, not FAKE O&G like BORNOIL and SAAG.

U got a lot of options : Kencana, Dayang, KNM, SapuraCrest, Handal etc.

Thanks, Zaman98. After a quick number crunching, Handal is interesting. I'll keep a close watch on this counter.

SAAG is good wat.....can go further.....~~

Saag, another Enron Malaysian Edition? Fake one? haha

YESSSSS.. can go forward to 7cts.
Obviously you got a lot of SAAG purchased at high price and wanna push it?

no need i push...u will see how it goes later~~

LOL'ed. MTS already see my powah. Let see your powah..
... What is your TP?

good luck to those still holding .....if i were hold this stock i will sell it rather than have another round of roller coaster ride ..... remember shares up of course everyone is happy but terjun like waterfall will cause heartattack and risk ur life too (if sailang lahh) wanna play, play small pls ... really no fundamental to supports the shares from moving only speculation now.

This post has been edited by cwhong: Jan 17 2011, 04:02 PM

100k+ lots done at 13.5cents in a minute during last trading session..maybe something brewing?

I hold some of this stocks couple of years back and making loss on it since I'm stuck at my BP 25 cents. Not really dare to enter when it hitting 7 cents as this counter seems getting fishy to me. Rather put some money in other counters.

I think it could go 0.18 cents.

Lol... Some experienced player in this thread said that the price would go down back to RM0.07... And he said it's time to buy back that time...

Source : the star today
PETALING JAYA: Petroliam Nasional Bhd (Petronas) is expected to award multi-billion ringgit contracts for the development of marginal oil fields by the end of this month to several consortia comprising local and foreign companies.

It is also believed that Petronas will unveil a new business model on the development of the marginal oil fields and possibly, more incentives for the industry.

“The local players will tie up with foreign oil and gas majors in a consortium where the former would have a minor role as it is something new to them. The locals need to learn,” said an industry source.

“Moreover, substantial financial resources are required. (But) This is an opportunity never presented to local companies. They have always been contractors; now they stand to become concession holders.”

The likely victors of the jobs to develop marginal oilfields will come from across the industry as it would involve “different segments of the industry's full value chain”.

“All legitimate players will have a strong role to play,” said the industry source.

LOL, if you are in O&G industry, this news is OLD oredy. SAAG can't perform.

This counter is more of 90% speculation purposes, pure goreng.

Companies registered under PETROLIAM Nasional.

The shareholders fund is too big until Taikor oso scared to give any work worth more than 1/2 million ringgit.

mostly agree...too many invester selling short...sure cannot go up.
wait for another 0.07 ahhaha....

erm.....may be sooon...jus wait for it~~~~~~~~~~

Buddy, looks like you are alone.....

I really like the atmosphere in this forum...especially the Zaman vs. MTS love/hate affair. (read earlier posting)

A lot of psycho'ing going around...one to scare ppl to sell, one to urge ppl to buy. Since in stocks, to profit, there;s only one way, which is up, unlike in futures where you can profit both ways (ie. taking long and short positions).

Zaman was right for a couple of years, but now i think MTS turn to be right. And zaman, i remember you posted that if SAAG stayed around 10cts by 31 Jan 2011, you're gonna get out of this thread rite?? Or was it a joke?

Let others chase the 200% profit from this, and stop with the death knell at every step, aite? Dont know if MTS is right about you being with SAAG, if you are, BRAVO, after reading the past thread, you must have made alot of money doing wat MTS was saying but acting the other way round in here.

Anyways, This is a good counter to play eversince it hit rock bottom at bout 6-6.5cts last year. As long as it doesnt go bankrupt, BP 10-11cts, and 2nd BP 7-8cts. TP 18-24cts (6-12mths).

For investors who wants high risk high returns investment, use your spare money to buy and hold. Expect it to drift lower in coming weeks, but watch out for February, and its annual report. If results are good, it might start the climb from there.

Again, buy on weakness, sell on strength.

Cheers, and happy investing!