All substantial shareholder dispose their share. Everyone can try to be trapped.
OILCORP BERHAD (3697), been holding it for quite some times
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 Oct 13 2009, 02:52 PM
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Junior Member
12 posts Joined: Jun 2008 
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Oct 13 2009, 11:34 PM
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Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur 
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QUOTE(zamans98 @ Oct 13 2009, 11:14 AM) Jatuh longkang and revive back. 13c now There is a term they call dead cat rebound COMPUGT also uppp wooot!  Even a dead cat if it fall from high enough it will still rebound "sorry I don't know may be the rebound is for real" This post has been edited by rosdi1: Oct 13 2009, 11:36 PM |
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Oct 30 2009, 11:54 PM
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Senior Member
3,879 posts Joined: Jul 2005
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another opposite ''rally'' on Monday..
run for your life |
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Oct 31 2009, 03:05 PM
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Junior Member
7 posts Joined: Aug 2009
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Anyone got friend or himself are work in this company?
Any latest new? Can hold it to wait for upliftment of PN17 status? |
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Nov 1 2009, 01:42 AM
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Senior Member
3,879 posts Joined: Jul 2005
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i don't think they can survive any longer.
they got no cash at all, this is due to the large amount of receivables (some more audited amount) that might not be existed at all. at most of the circumstances, their cash might already ended up in someone's personal account.(you know what i mean) Currently, there are having 2 wind up petitions filed against their main subsidiary to involve themselves in O&G sector- OIL FAB S/B and both of them only involve small amount yet they unable to pay those company that filed the petition. More petition are expected to be filed. And few newly awarded contract from Hess Cari Gali S/B had also been canceled, so basically, they don't have much income, except from D'Tiara Tiara Beach Resort. And in addition, they already been declared as default in payment, and the RM45m had been due, so that need to settle the RM47.4m back to EON Bank within 14 days, else legal action will be taken (Most probably another wind up petition but this time the action is taken against OILCORP.) Except to sell the price free fall to below 0.10 NEXT MONDAY!! run for your life as you have the ability to do so. reference: the latest announcement made as attached below, on around 7pm after market closing, i am certain that the market will react against this announcement negatively » Click to show Spoiler - click again to hide... « This post has been edited by sjz: Nov 1 2009, 01:50 AM |
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Nov 3 2009, 02:36 PM
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Senior Member
1,307 posts Joined: Sep 2009
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shud i conclude that the increasement (oilcorp) is subject to "temporary" performance....?
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Nov 3 2009, 11:55 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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Please do a favour, no name calling, or personal confrontation issue.
We welcome any posts regarding stock discussion be it criticism or praise, but no on personal front issue. Thank you for the cooperation. |
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Nov 4 2009, 02:42 AM
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Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan 
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I think it's game over for this counter. All the red flags are up, and the writings on the wall says that it's over.
The price may rebound a bit, but it going downhill after that is imminent. |
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Nov 4 2009, 05:11 AM
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Junior Member
251 posts Joined: Oct 2009
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QUOTE(cherroy @ Oct 12 2009, 11:27 PM) Wrong perception, no offence, the lower the share price goes, the higher the risk is. I cannot believe this crap, lowyat admin taking sides on stock picks, deleting my comment about sjz being wrong on his call to sell oilcorp at 0.10. Because if company is not in serious trouble, share price won't drop to a few cent in the first place. Yes, you may gain high in term of % if there is turn around. But risk wise is pretty high. High risk got 2 outcome high return or high loss. Not necessary high return. The major risk is delisting now.  I'm calling the police, to lodge a report of conspiracy to cheat viewers on this stock market forum  |
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Nov 4 2009, 10:43 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(MakanTidurSaham @ Nov 4 2009, 05:11 AM) I cannot believe this crap, lowyat admin taking sides on stock picks, deleting my comment about sjz being wrong on his call to sell oilcorp at 0.10. It is not about taking sides which way. It is nothing wrong to comment the others wrong call. I'm calling the police, to lodge a report of conspiracy to cheat viewers on this stock market forum Anyone can point out others' mistake, wrong decision/comment etc issue, nothing wrong with it or talk good about the stock whatever it is individual view, we always welcome. But do not call other 'loser' or whatever that lead to personal confrontation issue. We are here is to talk about stock, not about individual. Thank you for the cooperation.  |
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Nov 4 2009, 10:57 AM
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Junior Member
251 posts Joined: Oct 2009
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QUOTE(cherroy @ Nov 4 2009, 10:43 AM) It is not about taking sides which way. It is nothing wrong to comment the others wrong call. Bullshit, have you read what they've been calling me for the past 2 weeks? Anyone can point out others' mistake, wrong decision/comment etc issue, nothing wrong with it or talk good about the stock whatever it is individual view, we always welcome. But do not call other 'loser' or whatever that lead to personal confrontation issue. We are here is to talk about stock, not about individual. Thank you for the cooperation. Why nobody delete their comments? It's obvious that you and lowyat.net have been siding with all these crooks wandering around this forum. It is disgusting of you deleting comments that against the interest of you and the rest of your cronies, make me sick!!  Do it again, I'm going to get my police report and lawyers ready. I'll make this issue so big that the regulators will shut you down completely. |
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Nov 4 2009, 11:37 AM
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Senior Member
3,879 posts Joined: Jul 2005
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QUOTE(MakanTidurSaham @ Nov 4 2009, 10:57 AM) Bullshit, have you read what they've been calling me for the past 2 weeks? your post has been reported to this sub-forum's admin and se7en which is this site's founder once again.Why nobody delete their comments? It's obvious that you and lowyat.net have been siding with all these crooks wandering around this forum. It is disgusting of you deleting comments that against the interest of you and the rest of your cronies, make me sick!! Do it again, I'm going to get my police report and lawyers ready. I'll make this issue so big that the regulators will shut you down completely. btw, i will close this topic once again since there is flaming going on, i had reported your post and awaiting admin's futher action This post has been edited by sjz: Nov 4 2009, 11:46 AM |
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Nov 4 2009, 12:03 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(MakanTidurSaham @ Nov 4 2009, 10:57 AM) Bullshit, have you read what they've been calling me for the past 2 weeks? Please do a favour by report the post (as mentioned), admin and relevant party (mod or staff) will act accordingly.Why nobody delete their comments? It's obvious that you and lowyat.net have been siding with all these crooks wandering around this forum. It is disgusting of you deleting comments that against the interest of you and the rest of your cronies, make me sick!! Do it again, I'm going to get my police report and lawyers ready. I'll make this issue so big that the regulators will shut you down completely. Admin acts based on report made and it is impossible to go through every post. |
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