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Post by zuolun on Nov 9, 2013 7:41:45 GMT 7
As at Nov 08, 2013, RH PetroGas issued Profit Guidance - Financial Statement And Related Announcement
For the Financial Period Ended: 30-09-2013 PROFIT WARNINGThe Board of Directors (the “Board”) of RH Petrogas Limited (the “Company”) wishes to announce that following a review of the unaudited financial results of the Company and its subsidiaries (the “Group”) for the third quarter period ended 30 September 2013 (“3Q2013”), the Group is expected to record a loss for the 3Q2013, which will result in a loss for the full financial year ending 31 December 2013 (“FY2013”). |
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Post by zuolun on Nov 9, 2013 10:14:34 GMT 7
The power of a filthy rich billionaire, the media, the rumours and the analysts' reviewsRH Petrogas's share price movement (15 Oct 2010 — 8 Nov 2013):On 8 Nov 2013, RH PetroGas issued PROFIT WARNING. On 30 Oct 2013, OSK DMG reviewed on RH Petrogas - Be Greedy When Others Are Fearful; Reiterate BUY TP S$1.33On 18 Oct 2013, UOBKH initiated coverage on RH Petrogas - Right Sector, Right Time; BUY TP S$1.60 Upside +125.4% On 3 Oct 2013, OSK DMG reviewed on RH Petrogas - A Shot Of Adrenaline; Maintain BUY TP S$1.33. RH PetroGas's share price hit a historical high of S$0.945 and on the same day, MayBank KE announced that it had ceased to be a SSH of RH PetroGas; paring down its stake from 5.036% to 4.654%. On 2 Oct 2013, RH Petrogas's Executive Chairman, Tan Sri Datuk Sir Tiong Hiew King announced Placement of 116m shares @ S$0.63 per share; the placement agent was UOBKH.On 1 Oct 2013, OSK DMG initiated coverage on RH Petrogas - O&G Assets Deeply Undervalued; under-researched E&P play. Initiate with BUY, TPS$1.47.On 27 Sep 2013, The EDGE Malaysia reported - Hot Stock: Sona share, warrant rise on RH Petrogas buy rumourOn 27 Sep 2013, THE STAR reported - Malaysia's Sona Petroleum eyes 3 oil fields in Indonesia, ChinaOn 26 Sep 2013, popular Malaysian finance blogger, Salvatore Dali wrote - Sona Petroleum May Announce QA SoonOn 17 July 2012, nextinsight.net, highlighted - 9 Things To Know About RH PETROGAS, The Largest Exploration & Production Company On SGXOn 15 Oct 2010, nextinsight.net, highlighted - RH PETROGAS' Chairman Is 10th Richest Man In Malaysia, And A Successful Serial EntrepreneurRH PetroGas — Double Top Breakout
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Post by oldman on Nov 9, 2013 10:54:52 GMT 7
Ha ha. I too read brokers' reports for its 'content' rather than its price recommendations. Content to me is the additional information that the broker's report contain with regards to the fundamentals. Similarly, I read magazine reports with the same amount of caution as I am aware of the amount of 'company marketing' that usually accompanies such reports. Do also be aware that some online 'information' websites are partly or indirectly owned by public relations companies as well. Guess this is the way the media works.... I scratch your back, you scratch mine. Nothing kinky OK?  |
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Post by zuolun on Nov 9, 2013 11:08:23 GMT 7
Ha ha. I too read brokers' reports for its 'content' rather than its price recommendations. Content to me is the additional information that the broker's report contain with regards to the fundamentals. Similarly, I read magazine reports with the same amount of caution as I am aware of the amount of 'company marketing' that usually accompanies such reports. Guess this is the way the media works.... I scratch your back, you scratch mine. Nothing kinky OK? oldman, Besides using TA and FA, I use SA = Situation Analysis on RH Petrogas and SIA.   |
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Post by oldman on Nov 9, 2013 11:12:34 GMT 7
Zuolun, your Situation Analysis is part of my fundamental analysis. One additional important analysis that I always do before I buy or sell is the supply and demand analysis. One day, I will write about this. |
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Post by zuolun on Nov 11, 2013 10:02:04 GMT 7
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Post by zuolun on Nov 12, 2013 21:09:23 GMT 7
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Post by zuolun on Nov 18, 2013 19:04:58 GMT 7
RH PetroGas Vs EtikaRH PetroGas's huge descending triangle breakout is similar to Etika's; expect more downside than upside. pertama.freeforums.net/post/668/quote/278RH PetroGas — A huge bearish descending triangle breakout with high volume; interim TP S$0.48 
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Post by zuolun on Nov 18, 2013 19:22:12 GMT 7
RH PetroGas reminds me of Oceanus. Follow analyst's review/call/chart blindly and lose money in the stock market:Question: What happened to Oceanus's share price after UOB-KH's TECHNICAL BUY CALL TP S$0.07 on 3 Oct 2012? Answer: It collapsed > 50% in one month's time; Oceanus hit low of 0.025 and closed @ 0.029 (+0.002,+7.4%) on 2 Nov 2012.   |
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Post by zuolun on Nov 19, 2013 14:52:00 GMT 7
Based on the rectangle breakout @ S$0.56 in end-Sep 2013 to historical high of S$0.945 on 3rd Oct 2013; RH PetroGas's chart pattern is a typical bull-trap set up to trap the bulls. It hit low of S$0.525, high of 0.585 and traded @ 0.535 (-0.04,-7.0%) with 8.48m shares done on 19 Nov 2013 at 3.45pm. RH PetroGas — A huge bearish descending triangle breakout; interim TP S$0.48
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jays
Junior Member
Posts: 6 
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Post by jays on Nov 20, 2013 8:58:46 GMT 7
What kind of crappy analyst is that? House did placement in oct; analyst issue bull report in Oct. Then in Nov, everything turned upside down as company issued profit warning. Did company officials ever warn the investors in Oct this was coming? The investors who took the shares are crappy too.
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Post by oldman on Nov 20, 2013 9:27:07 GMT 7
What kind of crappy analyst is that? House did placement in oct; analyst issue bull report in Oct. Then in Nov, everything turned upside down as company issued profit warning. Did company officials ever warn the investors in Oct this was coming? The investors who took the shares are crappy too. Always good to follow the flow of money. Analysts are paid by the broking houses and many a times, broking houses view listed companies as their potential clients (for placement, corporate work, etc). Hence, the way to read the analyst reports is to search for additional information that is not found elsewhere and then make your decision based on these and not on the direct recommendations made by the broking houses. Hence, don't blame the analysts ... they are only doing their jobs. |
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Post by zuolun on Nov 20, 2013 10:02:34 GMT 7
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Post by zuolun on Nov 24, 2013 18:07:26 GMT 7
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Post by zuolun on Nov 25, 2013 6:31:16 GMT 7
What kind of crappy analyst is that? House did placement in oct; analyst issue bull report in Oct. Then in Nov, everything turned upside down as company issued profit warning. Did company officials ever warn the investors in Oct this was coming? The investors who took the shares are crappy too. |
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