take profit lah, tomorrow panic again, ha ha

Active Coconut Tree, ha ha

take profit if scare, who knows, what happen the day after tomorrow

more good news

其实真正的原因在于美国。

美元走强、美国经济转好，

引起外资的大量回潮，

才是大跌背后真正的主因啊。

SKPETRO is my Golden Shares, good

just trade carefully, lot of fun here

end of the day, who is the loser ? margin traders, weak and panic retail traders

Pro future traders really made big profit, end of the day, hedge funds still the winner

next week possible profit taking/force selling but also don't forget window dressing, :)

话说上一章提到石油的三国大战:

斤经济较：石油快讯


俄罗斯第一个升旗投降，


将利息提高到17%，


等于是将自己国家的未来卖给了敌人，


除非它打算不还。





正当OPEC在沾沾自喜时，


他不明白背后还有两只螳螂在瞄准着他，


大家知道美国出产什么吗？


出产纸张嘛。


过去多年来美国都在印一种被称为美元的纸张，


而拥有最多这种纸张的国家是哪一国？


是中国。


大家都知道石油是用什么来交换的吗？


就是用这种纸张。





现在美国和中国可以用这些纸张，


换成石油这种珍贵的能源，


而且以这么低的价格，


何乐而不为。


要知道损失的是开采页岩油的商家，


并不是美国政府。





让我们谈回大马。


虽然大家看我国石油类占我国出口30%好像很多酱，


但是扣回入口的石油其实只有净10%。


而且不要谈其他90%大部分是获益的，


那么为什么石油掉2%，


我们却跟着掉1点多巴仙呢？





其实如果你看一下整个大局，


不止我们在掉，


整个东南亚的股市都在掉，


只是我们掉得比较厉害罢了。


其实真正的原因在于美国。


美元走强、美国经济转好，


引起外资的大量回潮，


才是大跌背后真正的主因啊。

GOOD

immediate resistance at 2.30, next, 2.55

HENG AH ONG AH HUAT LAR< HA HA HA !!!

good

cash is king !

Icon8888, so which counter to buy now ?

i think now shale producers panic already

Icon8888 is fortunebullz or upsidedown119, not again, pls lah, got nothing to do ?

brent below 60 now, 2morow panic again ?

will consider only if below 0.60

Bumi Armada Bhd’s tumbling share price and the sudden departure of its chief executive officer on Dec 5 is fuelling talk that the company could be taken private again.

The oil-and-gas services company’s main shareholder T Ananda Krishnan has a track record of de-listing companies when times are bad and taking it back to the market when conditions and valuations improve.

opec and usa controlled the world, without even one bullet, scary !

look like they going to let it drop till usd 40 or even lower, 1.80 also not really sure to buy or not, : )

Joel sick already, pls don't attack him, ha ha

oil up already lah, agree with u, wintane, ha ha

sold all at 2.14, ok, yiam cha, ha ha

wah, bought 10,000 skp at 2.03 this morning, profit already, ha ha

if oil up but ringgit down, then really no joke

buy buy or bye bye

We’ll have to see who blinks first, the Saudis and OPEC or U.S. shale producers

USD40---------RM0.80

just ignored 何启斌, ha ha, this guy......

very good, Ntpboon

5-6 weeks later, Malaysia will CRASH......

We expect 2015 property transaction volume to fall by 3-5% on the back of slower economic growth and high loan rejection rate, while property prices to stay flat, as developers will likely have difficulties in passing on incremental costs.

Expect 1H15 transaction volume to fall by 5-10%. We expect overall residential and commercial property transaction volume to fall by 5-10% in 1H15 (vs +2.8% HoH in 1H14) and 3-5% for 2015. The decline should be more severe in 2Q15 immediately after the implementation of GST from 1 Apr 2015. Based on Singapore’s experience, after the GST rate was raised to 7% from 5% in July 2007, residential property transaction volume contracted by 41% HoH in 2H07. We expect the Malaysian market to experience a similar trend

Sentiment hit.

RHB economics team has cut its 2015 GDP growth forecast to 5.0% from 5.3% (vs 5.8% in 2014). The slower economic growth and the recent sharp drop in equity prices are hitting market sentiment. We expect this to dampen the demand for property next year.

Average new sales to drop by 10-20%. We believe both buyers and developers will adopt a wait-and-see attitude, and hence launches and take ups will likely be slow.

52 weeks later, SKP will become the only Oil n Gas player in Malaysia

all inefficient players in the economy will be adversely affected, BUT the efficient players will thrive!

YES TOTALLY AGREED

upsidedown119, your technical analysis GOOD

GST no more 6%, may be 10% soon

one by one collapsed after oil n gas

oil n gas, palm oil, banking, properties, construction, trading, all go Holland

wah, so many big companies collapsed, especially Felda Global, Parkson, wow, finished !

oil n gas collapsed will affect banking, then palm oil, properties, construction, and further with GST, trading also collapsed, LOST WORLD !

foreign funds attack ringgit as well !

We expect 2015 property transaction volume to fall by 3-5% on the back of slower economic growth and high loan rejection rate, while property prices to stay flat, as developers will likely have difficulties in passing on incremental costs.

Expect 1H15 transaction volume to fall by 5-10%. We expect overall residential and commercial property transaction volume to fall by 5-10% in 1H15 (vs +2.8% HoH in 1H14) and 3-5% for 2015. The decline should be more severe in 2Q15 immediately after the implementation of GST from 1 Apr 2015. Based on Singapore’s experience, after the GST rate was raised to 7% from 5% in July 2007, residential property transaction volume contracted by 41% HoH in 2H07. We expect the Malaysian market to experience a similar trend

Sentiment hit.

RHB economics team has cut its 2015 GDP growth forecast to 5.0% from 5.3% (vs 5.8% in 2014). The slower economic growth and the recent sharp drop in equity prices are hitting market sentiment. We expect this to dampen the demand for property next year.

Average new sales to drop by 10-20%. We believe both buyers and developers will adopt a wait-and-see attitude, and hence launches and take ups will likely be slow.

We expect 2015 property transaction volume to fall by 3-5% on the back of slower economic growth and high loan rejection rate, while property prices to stay flat, as developers will likely have difficulties in passing on incremental costs.

Expect 1H15 transaction volume to fall by 5-10%. We expect overall residential and commercial property transaction volume to fall by 5-10% in 1H15 (vs +2.8% HoH in 1H14) and 3-5% for 2015. The decline should be more severe in 2Q15 immediately after the implementation of GST from 1 Apr 2015. Based on Singapore’s experience, after the GST rate was raised to 7% from 5% in July 2007, residential property transaction volume contracted by 41% HoH in 2H07. We expect the Malaysian market to experience a similar trend

Sentiment hit.

RHB economics team has cut its 2015 GDP growth forecast to 5.0% from 5.3% (vs 5.8% in 2014). The slower economic growth and the recent sharp drop in equity prices are hitting market sentiment. We expect this to dampen the demand for property next year.

Average new sales to drop by 10-20%. We believe both buyers and developers will adopt a wait-and-see attitude, and hence launches and take ups will likely be slow.

EPF also kena, our EPF money also go holland ??? :)

buy Airasia, oil lower, AA higher

Kuwait is offering Asian buyers the largest discount for oil in six years, joining Saudi Arabia and Iraq in lowering prices.

Kuwait Petroleum Corp., the state-run oil company, will sell its crude at $3.95 a barrel below the regional benchmarks next month, the company said in a faxed statement yesterday. That’s the biggest discount since December 2008, data compiled by Bloomberg show. It was $2.10 this month.

Saudi Arabia, the world’s biggest oil producer, lowered its official selling prices to Asia and the U.S. on Dec. 4 after the Organization of Petroleum Exporting Countries decided last month to maintain production. Crude is trading in a bear market as the highest U.S. production in three decades exacerbates a global glut.

“In this situation of oversupply in crude, everyone has to defend his market share,” Gerrit Zambo, an oil trader at Bayerische Landesbank in Munich, said by telephone yesterday. “Producers are trying to sell as much oil as they can, even with low oil prices.”

Middle Eastern producers are competing with cargoes from Latin America, North Africa and Russia for buyers in Asia. They’ve lowered price differentials and maintained output, raising speculation they are seeking to defend market share.