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$RH PetroGas (T13.SG)$ dont understand why people keep buyin...
$RH PetroGas (T13.SG)$ dont understand why people keep buying up this negative equity stock. Earning so little when oil price up so much in Q2.
Why not you all look for Sinostar Pec? The real robust earning stock.
Why not you all look for Sinostar Pec? The real robust earning stock.
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bullrider_21 : Net profit for 2Q21 was USD4.3m compared to USD4.7m loss for 2Q20. Net profit for 1H21 was USD8.2m vs US4.1m loss a year ago
Tunderstorm OP bullrider_21 : Please compare Q1 vs Q2 result, it almost the same earning, but oil price is much more higher in Q2.
francigo : now oils is hitting multi yrs high, that's y counter related to petrol n gas ppl are buying
bullrider_21 : It has proposed capitalisation of shareholder loans. Net asset value per share will improve from -1.24 US cents to +0.24 US cents
https://links.sgx.com/1.0.0/corporate-announcements/N61VENGQ4WMCRBV8/685939_RHP%20Proposed%20Capitalisation%206Oct2021.pdf
Tunderstorm OP bullrider_21 : So again, no money just reach out someone for money.
It definitely recognizes the share value.