With a very good qr, a good company will take the additional profits to countermeasure the impact of low brent price. Let see how hibiscus take action under these circumstances...

Considering 10% discount, brent at 40 also will have tiny profit which is not sustainable since not able to maintain the assets

A very good measurement of the direction r88 is taking today ... short

Wow... 80++ also 1.30 only.... very conservative

Thanksgiving

Lol... here nobody care to comment... the forum space like the share... dun move much...

IDSS wont push the price up ler... dun put hope there

Lol ... anyone here know how idss work ar... y so worry about it?

Lol... here is much better than saprng i3 forum... it is a mess there.

You are shorting?

Back to square one

Depends on how much us export their wti... previously has big gap due to the oil is not exported and they need a different refineries to handle that type of crude.

Erm... i think is holiday eve. .

Someone doesn't give up since yesterday shorting...

Brent are clearing bit by bit the sell done during us time.

Sorry nick, next time i will not answer to that.

Surprisingly yesterday during us time, brent only suffers 1 to 2 dollars. It is a sign that the impact has settled down abit.

Reasonable price is around 65 to 75 for brent. In that price both O&G and otyer sector wont have definite impact.

Ya... as i see of it, it is part of a conspiracy that being done to lower oil price. It will cause one's reputation either way it is concluded.

https://www.bbc.com/news/world-middle-east-46295142

I don't think trump tactics can last longer as they are questionable of not doing the sjw thing... lol. Within senate they are disagreeing his act of ignoring the arab doings. Let see how things spans these few weeks.

73% of today volume from IDSS... lol

Lol... i try to say neutral comment so u would not put me on list ler...

@titus wah seh...not bad ah.....almost back to open closing price. I wonder if brent kiss 60 and below.....will hibi still so tok kong o not...

Better dun drop that low ler

@SuperPanda the bad news already exist few weeks, today is the worst of it. But still the price is like this. It should be showing on the price if it really wanna go below 1

Haha rob for bear...

If you are in doubt, don't buy

Actually IDSS very dare... they are the one who push the share value today...

QR Q32018 @MAY 28th
QR Q42018 & Year end @AUG 30th
QR Q12019 @NOV ??

@tehka they may have already covered

@SuperPanda
Ok ... got it. Many speculates that too, but this round already delayed longer than before.

Lol... i am not as closed minded as you. Just politely ask him.

@SuperPanda do you think currently is having crisis?

https://www.google.com/amp/s/www.aljazeera.com/amp/news/2018/11/politicians-accuse-trump-putting-saudi-arabia-181120210819431.html

Well unexpected things may happen soon. Who knows how much saudi arabia care about the case?... everyone is speculating...

Actually brent going up abit after the drop...

There will be high demand for heating oil for this coming winter... just saying. What i see today is the market is being sellout when in US time shows that there may be manipulation in the market. In addition to the low refined product output, these will virtually bloating the remaining crude in the market.

I wan to know others view on this so i can see what i miss

Brent 62.43

What if the arab do not care of trump and make news they will decrease even more?

@titus... what about after Christmas?

As always, the price will be keep changing, price go down and price come up... whatever the price, you only loss when you sell cheaper than you buy. Why would you cutloss now when the price is expected to be unstable during your purchase time.

Good result is based on previous prices, next result depends when they unload the oil. Doesn't always have effect immediately, only id oil will never goes up then it is problem. Currently the price are reacting to the news which is short term upset.

https://www.cnbc.com/amp/2018/11/20/trump-says-breaking-with-saudi-arabia-would-send-oil-prices-through-the-roof.html

Another trump words

Candle light is not to support wor... btw i never been to his session before lol
I just watch his free live fb... haha
Dun worry i am not a fan like u...

Some grape are very sour... some people love to eat it and complaining here... haha

Lol bersatu watched also... so much hate in one comment...

Haha true.... they are never wrong in the eyes of their follower...

Ok ler ... i just put an example... i just listen to him for fun... still not all he say is wrong.

Applepen Actually i dont like ty.yap
Sometimes he talking like roti canai..pusing pusing..

Lol who tell you to follow him pusing... always believe 50% of what heard then proof it your own. What u need to belief is yourself