Oil price just dipped below 50USD barrier today. It would be interesting to see how far it will drop further. My guess will be not much more and a upwards correction will be forthcoming soon. Although I firmly believe that oil price rise back to probably 70-80USD level, I am not holding SKPetro for long. I am looking at 30% profit at most.
Today Inari finally went ex-right. The day has finally arrived. Hopefully the market will stay good until it reached RHB's target price of RM3.41 .
In the meantime, Huat Fund swings back into paper gain zone: