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 SAAG

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mouming88
post Jul 21 2009, 08:15 AM

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Be patient fellow Saag holders, O&G counters will always shine when the economy starts to recover.

Its now still dirt cheap considering its May's high. O&G are super scarce commodity, so at current price of 60+ per barrel, still have lots of room to move up.

I had it at 25 sen but I'm in no hurry to get rid of it. I believe patience pays... patience pays...


mouming88
post Jul 21 2009, 05:00 PM

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QUOTE(sjz @ Jul 21 2009, 04:41 PM)
L&G max buying price is 0.26 only, based on its graph's reading.
now 0.285 is some sorts of goreng price la.. smile.gif
btw, now SAAG 0.28 worth to enter?
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depends on your trading horizon... if I tell you it'll reach 40 sen by year end, does 29 sen or 28 sen matters?
drool.gif drool.gif
mouming88
post Jul 21 2009, 09:41 PM

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QUOTE(sjz @ Jul 21 2009, 09:22 PM)
haha...
true also, i am still thinking about which counter to enter.
as LCTH being recommended strongly by OSK and Maybank weeks before at its high 0.35, their TP is 0.4x but the price keep dropping until current 0.285 level, so perhaps its the end of it or who knows it will get alive again?
btw, saag is a good company with a great potential
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Coincidentally all the penny counters which you're monitoring I entered position since 2 weeks ago
L&G @ 0.3
SAAG @ 0.25
LCTH @ 0..28
and one more
Bkoon @ 0.32

net still a bit red, but I have confidence that they'll catch trader's attention once again and then I shall rclxm9.gif thumbup.gif icon_rolleyes.gif whistling.gif
mouming88
post Jul 23 2009, 09:00 PM

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QUOTE(sjz @ Jul 23 2009, 08:42 PM)
haha..
i definitely will do so. rclxms.gif  rclxms.gif
good to see it move today, luckily i jump in the boat before it flies..
this few days maybe still can't see the effect but i believe long term i will see something thumbup.gif
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Just hang in there my friend, it will be Saag's turn soon, its a rotational play in Bull wave 2...

Every counter will get its day...
mouming88
post Jul 27 2009, 04:30 PM

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QUOTE(enji @ Jul 27 2009, 03:22 PM)
It has finally moved to 0.305. Hopefully it can maintain or goes higher by the end of the daY! nod.gif
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see... as I said earlier... patience pays... patience pays...
mouming88
post Sep 16 2009, 01:08 PM

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QUOTE(sjz @ Sep 14 2009, 12:02 PM)
their strategy seems to be getting the company's stake thru exchangeable bond then dispose all of them in open market.
today they got another 11.26% of share thru exchangeable bond again
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I don't really understand this part... what good does it do? Use bond to buy SAAG shares...

 

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