SAAG is not a good buy, don't jump in now.

provide reference, don't talk without reference and just put 1 sentence, only 3 years old children will believe you

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Added on August 9, 2009, 10:42 pmseems that you create your account in lowyat just to avoid ppl from buying SAAG, you are really helpful friend!
send my greetings to your 'black suit' boss from so called Seychelles

This post has been edited by sjz: Aug 9 2009, 10:42 PM

haha!!actually if look from the chart...
saag is in down trend, he (uptrend) ask not to buy now is good intention lar i think!!!

SAAG

Quoted simple analysis:

SAAG number of shares: 907,553,320
If TP offer 0.40 mean (market cap) = MYR 363,021,328 or MYR 363 million

KNM market capitalisation = MYR 3.3 billion @ 0.835

My personal view that the acquisition is likely but not in the immediate time as the KNM cash flow is just nice for funding currently. I mean no extra cash flow for immediate heavy acquisition.

additional:
1)Rumours SAAG will get the new contract which is worth 20 mil from Shell.

2) SAAG survive on rumors!!
SAAG trending now is due to the coming right issue, if this the case, then it can bleeding till 0.20?

If the right-issue thing for SAAG expansion, then its good. If pay bad-debts. then I will accumulate more bullets to BUY from LOW.

If i holding 10 lots of SAAG, is it possible for me held additional more lots after the merger under KNM ? or all my holding burn ?



....."Crude prices have fluttered near $71 a barrel and $72 for about a week as investors try to gauge how strong a U.S. economic recovery will be this year.....In the commodity market, New York crude oil price advanced 14 cents to US$71.07 per barrel during Asian trading hours, while spot gold rose US$1.85 to US$956.8 an ounce"............ {source : the star}.


Key Financial Ratios

EPS (Sen) PER (x) Div Yield (%) ROE (%)
FY 09 5.0 5.3 - 17.5



This post has been edited by mazda626: Aug 10 2009, 11:30 PM

i think it's still a long way to go before this situation, unto now it's just a rumor

i have analyst via http://www.shareinvestor.com.my/charts.pl?...............via 1 YR Historical chart, it seems like forming big doublebottom at 0.240/0.20 in next 2/3 weeks.

Any ideas all ?


Period Full YR Dec 2008

EPS
(Earnings/Latest No. Of Shares) 0.01514

NAV
(Shareholders' Equity/Latest No. Of Shares) 0.2675

Price Earnings Ratio (PER) 17.50
(Price/EPS)

Net Earnings Margin
(Net Earnings/Revenue) 18.1


Revenue Growth
((Current Year Revenue - Last Year Revenue) / Last Year Revenue) 9.4%

Net Earnings Growth
((Current Year Earnings - Last Year Earnings) / Last Year Earnings) NA

Return On Asset (ROA)
(Net Earnings/Total Assets) 1.545%

Return On Equity (ROE)
(Net Earnings/Equity) 5.6%

Current Ratio
(Current Assets/Current Liabilities) 1.532











This post has been edited by mazda626: Aug 11 2009, 12:16 AM

I will start to double up once it break below 25cts.

Thinking to get in stages, 30K each at

20-25cts

so what's the conclusion?
sometimes technical reading can just be considered as a reference only

yes agreed these figures only for comparison with e.g ....KNM or other oil stocks.

Cannot say chief, as i am equaly blur for next 2/3 weeks......


1 thing 4 sure SAAG highest price is $0.94 in 15th June 2007 (5 Years record).

This post has been edited by mazda626: Aug 11 2009, 12:35 AM

my analysis is: it definitely will move up following the uptrend of O&G sector due to the increasing of Crude Oil Price but the uptrend might or might not be sustainable for long.

From the charts, it only last about 3 months price above $0.40 (strong uptrend). Then it plunge to the current scenario, taking long downward trend. It correlated with oil madness abt 1 yr ago.

i know, it's the pattern for penny stock.
go and compare every penny stocks's graph, all of them having the same pattern, their peak is around June's bull rallies from March's low and now suffering from downtrend, but seems to be recovering soon.

scare if its like another compugt ..

at least compugt saves a lot of ppl too during the bear rally last time

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Added on August 11, 2009, 1:54 amso it isn't that bad too

This post has been edited by sjz: Aug 11 2009, 01:54 AM

It wont be that bad brot.

saag is having strong resistance at rm0.25. and if it touch tis point, the stock can rebound anytimes.

IMPOSSIBLE !!!
WE KNOW WELL ITS DIRECTOR. THEY WILL NOT UNDERGO MARGIN CALL.
0.250 IS VERY VERY STRONG RESISTANCE. WHO GET AT THIS LOW, HE/SHE IS VERY LUCKY.

fren, nothing is CERTAIN in this world, except DEATH.

That is what people said about AIG last time. Sure even economy bad, it will not drop below 100$.. If you have an opportunity to sell and make money from this counter, do it.

I got big lots with SAAG and trust it will move to 0.30-35cts soon