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tineagle
post Oct 18 2010, 11:43 AM

The Animal Within
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Senior Member
1,276 posts

Joined: Mar 2005
From: PJ
QUOTE
OIL & GAS:
Budget measures / incentives:
 To establish an Oil Field Services and Equipment Centre in
Johor. This is a private investment program worth RM6b stretching
over a period of 10 years.
 PETRONAS to build a regasification plant in Melaka. The plant
will be operational in 2012 with a RM3b investment.

-Maybank Investment Bank Budget 2011 analysis


regasification works could stretch across the next few years.

any takers on this? I say time to buy.
tineagle
post Jan 7 2011, 11:48 AM

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lol sold mine at .9 yesterday. but i have confidence in this stock for the long run.

i needed the money to dump elsewhere, so no choice.

all the best to holders smile.gif
tineagle
post Jan 7 2011, 12:25 PM

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From: PJ
QUOTE(hemoh_hemoh @ Jan 7 2011, 12:16 PM)
so TP now how much?i heard it be targeted to be speculated at 15cent
*
Its mainly a speculative stock at this point due to net loss in financial reports and no real news of jobs/ projects.

There isn't any real 'TP' for such stocks imo.
tineagle
post Jan 25 2011, 01:42 PM

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Senior Member
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Still speculation at the moment in my opinion. No real new flow to the company(regional subsidiarity/mother company doesn't really count).

However it is still relatively cheap for a company in its nature of business, who knows it may go up above .20 when there is actual news flow and company growth.

This post has been edited by tineagle: Jan 25 2011, 01:43 PM
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