Magnus Energy   

Magnus hit oil Money in China with CNPC

Besides the TA report on ST target 25-25.5cts....Some HOT stuffs is brewing in Magnus...Just need a little bit more patience...

 

hope so, but everytime run to 20cents..then will drop back again...had been waiting for quite some times for it to cheong leh

 

For months, magnus had been laying in low profile with brokage taking low notice too....Now, CIMB place out a TA buy on short term target of 25-25.5cts...Logically, past few days of high volume did indicate that a breakout is imminant...Contra period most likely end soon from the 1st-2 days of big buy...Do expect big run up later.....

 

Wondering when will Magnus start to jump up, haha.. I think now is quite a good price to buy while still low and quite promising..

 

 

Magnus may possibly a leading indicator for Oakwell too ?

 

Vested some here...Big volume for few days liao....suspected most volume being accumulated and next will be the price moving upwards....btw, magnus been in rangebound  at 18-20cts for few months...With higher oil/gas price, magnus may not stay low for too much longer and will gap up....Tgt px: >$0.30 

Take note: Magnus being in trading curb by some securities....meaning payup as u buy....Looking from here, don't think much punters yet....likelyhood accumulated by BBs with cash on hand...Who knows it may just double up from here...Another small 'Middle East' appearing in Magnus...

 

go up fast, come down fast. shit....

 

magnus cheong cheong

 

Interesting to see Magnus VS Goldtron. Which management team is better?

 

CEnsave already climb up to 0.230 and is hold now. Magnus will be next~!!!

No worries. 

 

Gone in at 19c.

TP : 30c 

 

Hi Agatha,

Thanks for your advice, hope the gd news will come real soon before the correction

 

penny stocks like this dun use TA. have to sense the market sentiment..

 

next week will be a happening week ! be patient.

 

As long is not getting worst, is still good news.

The question is, how far you can hold???

 

charts at the moment doesn't look really that fantastic...TA is one thing...factual news is another...so let's see how things will affect Magnus price yea`

 

Hi Johny, I am not an expert player, but accordingly to info, something is coming from Magnus.

I am not sure if I am right, since I'm holding the counter, just wait... cos I expect at least a 0.40

Just need to be patience (which everyone lack off, include me  ) sometimes is better not watch the counter... if you are unable to handle yourself..hehe

 

 

Magnus  MAGNUS ENERGY GROUP LTD  (20 mins delay) 22/06/2007 17:05 Last 0.190 Change - High 0.195 Open 0.190 Cumulative Volume 69,961,000 Percent Change - Low 0.190 Yesterday's Close 0.190 Cumulative Value 13,373,285 Remarks Buy Volume 6,864,000 Buy Price 0.190 Sell Price 0.195 Sell Volume 16,107,000 HISTORICAL CHART

 

Magnus website : http://www.magnusenergy.com.sg/

They are dealing with crude oil and coal mining. Also oil & gas equipment supplier. For such a business they are in, the share price should be at least 60 cents at current market value. Support at 19 cents and will cheong next week if either oil or coal or both price goes up, I think it will go up.