*Official* MasterLeong Thread

[MasterLeong]

https://www.bloomberg.com/news/arti...-oil-production-cuts-as-saudis-soften-on-iran

vested 10,000 SCI
2,000 KC

congrats to those who ride along, huat ah $$$$$$$$$

wait until neck long... finally the oil recovery is coming

 

[MasterLeong]

OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record global crude glut -- and prove the group’s credibility -- brought its first cuts in eight years. Crude rose as much as 8.8 percent in London.

 

[lioninvestorco]

YZJ is repair ships one... think they got make some oil rigs but small part of their biz... in china really super over supply of shipyards... too many zombie yards

still YZJ should rally with the other marine stocks tomorrow

Get ready!!!!

 

[MasterLeong]

http://www.sharesinv.com/U96/

still 25% discount to book value

1st TP 3.30 (10% discount to book)
higher TP 3.60 (1 times book value)

 

[strangerjun]

YZJ is repair ships one... think they got make some oil rigs but small part of their biz... in china really super over supply of shipyards... too many zombie yards

still YZJ should rally with the other marine stocks tomorrow

http://yangzijiang-cn.listedcompany.com/newsroom/20161108_205930_NULL_LD0N2C5GUP05ZZZV.3.pdf

order book looks healthy.. but don't know counter party will run road or not if the conditions become unfavourable.

 

[MasterLeong]

http://www.sharesinv.com/BN4/

first TP $6, close to 1 times book value

greedy TP $8 (edmw capital buy price - sell to the fools)

 

[MasterLeong]

http://yangzijiang-cn.listedcompany.com/newsroom/20161108_205930_NULL_LD0N2C5GUP05ZZZV.3.pdf

order book looks healthy.. but don't know counter party will run road or not if the conditions become unfavourable.

order books looks healthy, hope 2017 earnings can rebound.. else gg

YZJ is hard to understand due to their HTM assets... its like a big black box.. u dunnoe what is inside... got bad loans or not? what are those HTM assets?

 

[MasterLeong]

now the 2 big question is

1) tmr market open... want to hoot more SCI and KC or not?
2) what level to take profits on SCI/KC

 

[MasterLeong]

those holding other oil/marine related positions can discuss too

YZJ/Ezra/Ezion and friends all should rally gao gao tomorrow

HUAT AH $$$$$$$$$$$$$$$$$$

 

[leyzzz]

Good news to those oil companies!! woohoo.. KC can ride back liao?!

 

[MasterLeong]

Good news to those oil companies!! woohoo.. KC can ride back liao?!

$6 should be easy to cross.. is dunno can chiong to $7-8 in the short term or not

 

[Weaboo]

tmrw q keppel what price can huat?

 

[lbs]

what about jason marine? pretty low debt... though NAV has been dropping over the years... but it might be able to survive this lean patch..

 

[strangerjun]

http://www.sharesinv.com/BN4/

first TP $6, close to 1 times book value

greedy TP $8 (edmw capital buy price - sell to the fools)

yup, hope the good news can push kep corp out of the trading range. cant seems to break 5.49 level several times.

 

[strangerjun]

tmrw q keppel what price can huat?

I sell to you 5.50. ssi friendship price.

 

[MasterLeong]

what about jason marine? pretty low debt... though NAV has been dropping over the years... but it might be able to survive this lean patch..

those small cap marine stocks i never see nor touch

so i hard to comment much

I can only say... those who vested in small caps, this time is really heng heng lucky save

got profits faster take liao, should put the hard earned $$$ into solid companies instead

 

[MasterLeong]

tmrw q keppel what price can huat?

if u really want to trade is have to take market open at 9am matching... and hope it continues to ride up

KC/SCI/SMM will only rocket upwards after this OPEC news


however tmr onwards enter, your risk is much higher



those that into oil play, we already on board KC and SCI warship

 

[MasterLeong]

SCI i got 10,000 can slowly sell 2,000 per 30 cents increase in stock price

however KC i very little... only 2,000... will sell all one shot

 

[strangerjun]

if u really want to trade is have to take market open at 9am matching... and hope it continues to ride up

KC/SCI/SMM will only rocket upwards after this OPEC news

actually this opec news what is the significance? a rare thing that they agreed on? really will boost gao gao?

 

[lioninvestorco]

actually this opec news what is the significance? a rare thing that they agreed on? really will boost gao gao?

They say want to fix oil prices how many times already you know??? Drag dunno how many f months already. Say from 2015/2016. It's almost end of 2016 liao hahahaa