Check out THE EDGE-Financial Daily today. They run a analyst on SAAG.

Details ;
Return on equity - 19.55%
Debts to Assets ratio - 34.25% (wow so high lei..... )
Analyst target - NA (seems the analyst aso pening.... )

we are on the same boat. around 2.8k paper lost.    
my ABP is 0.287.
should have cut lose earlier but i was thinking the price will rise.
hope it will follow the track of rising crude oil price

That's a lot bro ....  . Average time?

i think 1 reason that the price will having sharp fall is because a overseas company just dispose around 10% of total share in SAAG, Malaysia gov should have control overseas involvement in malaysia's stock market like they do earlier before.
imagine how many harm had this done..
10% out of a total share ALL DISPOSED to the OPEN MARKET!!!

still remember me zaman ..  wait till 0.23 to buy ...

ya tell me about it man! 
well i still have 8.9K units left with SAAG... will just store it in the freezer... 

Sold 20K units in Aug at a loss  but managed to make back some when SAAG was stuck between 24 - 25 cents last 3 weeks ago... 
Now it's fate is even worse....   21 cents !!!!!! 

Sell, Why, why why....? Care to share?

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Added on October 1, 2009, 9:29 pmZamans u still want to avg out if it  falls further? and what is the next TP? 

FWIW I agree.

I cleaned out the dog house today and dumped OILCRAP, LIONCRAP  and SAG.
I'm still holding SCAMMY 'cos I think their political connections will get them part of the LRT deal and a few other crumbs.

Just my opinion only.

It's painful to take a loss

a fighter always behave like one.....

That makes sense to me. I just thought it would be easier to take the hit and use the money elsewhere to recoup the loss.
That's all.
At least - that way - I am in control of the cash and the investment rather than relying on scanty information and half truths from a bunch of failed company 'directors'.

My problem with SAAG and OILCRAP is that I flat out don't believe the numbers (audited or un-audited)

TBH - I thought very long and hard about SAAG before deciding to sell it.....
I think they have a very good opportunity in India where they are closing some deals; I also agree with you about the oil price - it WILL go up substantially and companies like SAAG will benefit no question.

It was just that I wasn't prepared to wait for all these things to (maybe) happen and I also lost confidence in the directors of the company once I checked them out thoroughly. I felt that even taking a 10K loss I could get back the money elsewhere in another sector rather than leaving my money in the hands of managers whose judgement, skills, integrity and ethics I questioned.

No offence - just my 2 cents. best of luck!!

i just sold all my saag share today... with losses of rm5k
overall portfolio oso around that thanks to saag hahahaaaaaaa
but normally after i sold my stocks.... it will surge 1.... happen almost 90% to my ex-stocks    bad timing!!

Your buy prize ? 

Yeah i saw, wow u really have a guts man...

i in abt 0.260 x 20lots

SAAG adik beradik with Oilcorp....

As well as COMPUGT.