so TP now how much?i heard it be targeted to be speculated at 15cent

ya lorr..but the chart still showing the uptrend,plus rsi is 50.i think evening session is for profit taking

I think it wont go beyond 12 cents today..everyday up 1 cents.hard to goreng kaw2 becos huge amount of stock floating..

Normally if stock dont pass 12cents today,it will be closed at 11.5cents.

anything possible with this project now..the sharks waiting to swallow all cheap shares dump by now..i think target price this week around 18.5 cents

wuhuu..16c d..100% profit +100 posts in LYN

This post has been edited by hemoh_hemoh: Jan 11 2011, 09:46 AM

Aim the o&g n energy counters for ang pow!!

this is Malaysia.when announced got project,the share will drop.same as Dialog today.i think the sharks just want to scare ppl to sell them at cheaper price.so they just manipulate the price.

Im just a beginner in TA,but if see the graph,it shows uptrend if based on SMA.the downtrend now becos of correction due to overbought if u see the rsi..maybe any sifus can help to clarify.kih kih

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

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.

whats the earth happen on this counter?huge selling and buy simultaneously at 13cents.any sifus can give comment?

for speculation or something brewing inside?

i think today got some1 accumulating at 12.5

According to my understanding,Saag support at 11.5 at resistance at 13.5.AFAIK,they still bidding for another contract from Petronas.The quarterly report may be come out in mid Feb.there may be another goreng if the report in their favor.