DIALOG 7277 (DIALOG GROUP BHD) is not a new stock for me. I bought it last few years when the price was more than RM1.80. It was priced at RM1.17 on 11 May 2009. The price had gone up from RM0.78 on 13 March 2009 ~ that’s 50% increase in 2 months. Can the price still go up?
Up… Up… Up…
DIALOG has a good financial record. From 2004 until now, all financial year records are in green. Better and better each year. However, its price had been up and down for the past few years.
Let’s look at oil & gas sector. With crude oil price going up trend lately, stocks in oil & gas sector will be benefit from it. The question is how much? What is the target price that you set for DIALOG?