Monday, October 21, 2019

Keppel Corp - Pre Conditional Cash Offer




Keppel Corp just had a pre conditional cash offer for 30.55% and it looks like it brought most of the oil related active stocks to a very good rebound in the Top 30 Volume. Sembcorp Ind, Sembcorp Marine, Rex Intl all ran like crazy today. Although I was looking to take profits for Rex Intl, there are still Sembcorp Ind and Marine for trading since the Keppel Corp news gave a good stabilizer to the oil related companies. I seldom see Sembcorp In and Sembcorp Marine having a 10% gain in one day and today is just the day. The news came after lunch and the rebounded happened so fast that if you miss, you missed. For now, I am focusing on the oil related stocks.

Ronald K - Market Psychologist - A Stock Market Opportunist