When bad news hits, no one can escape. Only good news come t...
When bad news hits, no one can escape. Only good news come that DaHongHua will rise. Is the CEO overly expanded when major oil companies are cutting down the workforce or oil fields?
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Red Guppy OP : Is buying the Total Energies Brunei Old asset a plus to DaHongHua? It was first producing gas in 1999. Now is in 2024. 25 years later and want to buy the asset. Now it has become a question mark with major oil companies doing the reverse.
田東正 : 5199 took all the money earned to buy oil fields, but giving dividends to shareholders is too stingy. Who dares to buy this stingy person?
田東正 : I sold all my RHB and bought 5199. Now RHB is rising every day, but Big Red Flower Petroleum is falling every day. I lost millions of ringgit in just a few days!
田東正 : Originally, RHB could give me nearly 0.8 million ringgit in dividends each year, but now it's gone! The dividends from 5199, this stingy creature, have directly plunged me into poverty!
Red Guppy OP 田東正 : You are overly under stress when you see DaHongHua price drop from high. At the same time you divested the good company RHB and pumped all into DaHongHua. Really like gambler behaviour.
田東正 Red Guppy OP : I came with an investment mindset!
田東正 Red Guppy OP : In my nearly 30 years of investment, I have bought several companies that have multiplied several times, so I have my eye on 5199.
Red Guppy OP 田東正 : Hope you are right with DaHongHua this time. DaHongHua is more like a speculative counter rather than an investment counter.
田東正 Red Guppy OP : After extracting oil & gas, can we then extract rare earth minerals?
102380549 : if u are not confident can reduce at this price
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