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Investment Anyone kena burnt in investment?, Experience and your lesson learnt
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Cubalagi
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Sep 21 2019, 07:16 PM
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QUOTE(moosset @ Sep 21 2019, 03:34 PM) I'm still holding Sapura. Fc*k! What should I do with it?? I think it's about 25k loss now!! IIRC, I think I average down .... Lesson: don't trust crony companies blindly .... What's ur average price? Oil price is in positive uptrend. Hold a bit longer and pray there is a temporary ceasefire between US and China in early Oct.
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Cubalagi
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Sep 21 2019, 09:43 PM
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QUOTE(moosset @ Sep 21 2019, 09:00 PM) RM 4.20! I was such an idiot! Should have stopped loss!! I'm still not sure if I can trust the management. Maybe there's no hope. Damn, my condolences... at that price I guess u bought this in 2014..before the oil price crash. U do know that it will never go back to that price, ever again? Look for an exit in the coming months. Well dont feel so bad. 24k can be earned via other means. PNB also in the same boat as u. N I think they would hv lost hundreds of millions if not billion. This post has been edited by Cubalagi: Sep 21 2019, 09:45 PM
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