aiseh!! still unable to passed through $0.91

Is a matter of time to reach > RM1.00.
Just like KNM.

---

Added on June 10, 2009, 12:13 pmPANTECH still the cheapest O&G stock.
At current level of 90sen, is a gem.
Load up.

With oil price hit new high, i raise my target price to RM1.10 for Pantech.
Did you see how undervalue is this counter comparing with othes oil&gas counters which already
went up so much. This is still very much laggard behind. At this price is a GEM.

This post has been edited by smartly: Jun 11 2009, 10:35 AM

hmm, these few days not much movements..

smartfly - too much confident in this stock?

No, please remember high oil price does not mean the company will earn as O&G Company won't wanan pay high price entering/securing a contract at high crude oil price.

Good, time to load up.
The down side is quite low, any dip is an opportunity.
Never lose this GEM stock, bro...

---

Added on June 12, 2009, 11:02 amFriend, do u know what is this company doing ?

When oil price high rocket, who will benefit most ? u & me ?

all of us know consumer will suffer. when u & me is suffering who benefit ?

otherwise why gov can still afford to give you subsidy? & for what ?


This post has been edited by smartly: Jun 12 2009, 11:02 AM

PANTECH Group Holdings Bhd , which makes pipes and fittings for the oil and gas industry.
I am curious why when oil price goin high will related with Pantech price too?

This post has been edited by bubuzz: Jun 14 2009, 03:51 PM

hmm, market going down trend these two days...

market downturn, oil retreated, USD up...more profit taking set in.
personally, anything below 78sen should be good buy.

hmm, u still targeting RM 1?

Yes, RM1 is definately not a problem if keeping for a bit longer. (I would say within 6 months time. see how it turn out)

not much movement recently..

1sen dividend for your comfort.
be patient, it coming when it is turn for 2nd & 3rd liners.

what is the share buy back thing that going on with pantech? what does that means?

share buy back mean company is buying back their own share, this in turn will make the share more stable and potential upside is likely to be attained.

Pantech's earnings growth rate have been impressive indeed =)

meaning the share price will go up?

may or may not go up but it help to normalise the share price.

Yah, share buy back may or may not push up the price immediately. But it definately will make ur share slightly more valuable. Hehe.

so that means we should keep?

i think is worth keeping. If oil price shoot above USD70 per barrel, all Oil&Gas should follow suit.
high chance that oil should surge by year end.