Crude oil price forever going to be low so biodiesel no more viable.Stop buying new land instead increase yield in d existing land to stay relevant.....professional thinking!
13/12/2014 10:09

Crude oil price forever going to be low so biodiesel no more viable.Stop buying new land instead increase yield in d existing land to stay relevant.....professional thinking!

Malaysian Palm Oil Prices Pressured By Weak Crude, Market Watching Monsoon Impact

3 hours ago
KUALA LUMPUR: Malaysian palm oil futures dropped on Friday, tracking falls in crude oil prices and competing vegetable oil markets, although losses were limited by concerns that monsoon rains could curb output in December.

After Years Of Doubts, Americans Turn More Bullish On Economy

3 hours ago
WASHINGTON: Pessimism and doubt have dominated how Americans see the economy for many years. Now, in a hopeful sign for the economic outlook, confidence is suddenly perking up.
Expectations for a better job market helped power the Thomson Reuters/University of Michigan index of consumer sentiment to a near eight-year high in December, according to data released on Friday.
U.S. consumers also saw sharp drops in gasoline prices as a shot in the arm, and the survey added heft to strong November retail sales data that has showed Americans getting into the holiday shopping season with gusto.

“Productivity levels in countries like Japan, Korea and the US are about seven times more than us,” he said.

He said Malaysia’s skilled workforce was only at 28% and that employees needed to take more initiative to upskill themselves to seek better remuneration.

“Productivity levels in countries like Japan, Korea and the US are about seven times more than us,” he said.

He said Malaysia’s skilled workforce was only at 28% and that employees needed to take more initiative to upskill themselves to seek better remuneration.

......good but I belief Shareholders dividend comes first n bonus depends whether yield is going up or improving???????

http://www.thestar.com.my/News/Nation/2014/12/13/Malaysian-expect-yearly-bonus/

...well I belief Shareholders dividend comes first b4 considering bonus n also depends whether yield is going up or improving.

www.nst.com.my/node/61997

http://www.thestar.com.my/Business/Business-News/2014/12/12/Oil-prices-near-bottom-says-WSJ-survey/?style=biz

I am listening carry on,everybody r entitled to their opinion...tks for d comments.

No! U r wrong I managed to buy some today @ 18.5 but I am reading n posting some inputs becoz it is interesting to share d info etc in this forum.Did i say anything abusive or any misguidance in this forum..u r welcomed to correct me!!!!

Well I will be most happy to see profit for d whole of 2015, can u please elaborate further on yr findings...tks.

With d present price they cannot sustain d profit so negative balance sheet for d whole of 2015 so not only Suma other O&G stocks hv to go for M&A.. Look at Alam n Perisai price fall is chaos.There is a good question raised here Saudi reserve of USD347b vs Malysia's USD135 is interesting which means Saudi hv to cut production but to me they hv some understanding with US.

From d beginning I hv been telling felda cannot for IPO now collapse????

2015 bad year for crude so 60 no way they to go for M&A or collapse.????

Saudi hv 347 billion in foreign reserve but d present price stays until next Opec meeting on 5/June.

Link for what?

Ya! M saved d country by pegging d ringgit then but he was lucky becoz palm oil price saved d country. He started d automobile (proton) n was saying that our oil palm trees should be chopped n country should be industrialised. During d Asian crisis when he landed from overseas trip he did mention in d airport that we have palm oil to save our country so he was lucky but he contradicted his own s'ment. At that time AI wanted to topple M but he could have destroyed d country. But all of us make mistakes n we learn from there but don't repeat d mistake now 1MD?

Agreed! if not for US, Saudi n Kuwait long time would hv been a war torn country so they r at d mercy of US. So I don't trust both they hv their well calculated agenda n we r d victims. Main idea to weaken Russia. The capitalist of US hv made it clear that 2015 is a bad yr for crude n 2016 is a good year. Please rewind n read d extract from d "Ecomy"...

http://www.malaysiakini.com/news/283316

At 70 can Suma survive until end of 2015 which is a bad year for crude n 2016 is good.TSHS should comment on d crude/barrel n d purchase of BE n any merging on d cards or is he waiting for it to drop to 5ct so easy for M&A.

Oil Prices Near Bottom, Says WSJ Survey

5 hours ago
KUALA LUMPUR: Crude oil prices, which have plunged more than 40% since June, may see the decline coming to an end, says The Wall Street Journal survey.

It reported on Friday that its survey of forecasters think the long tumble in crude prices is coming to an end.

“The average forecast in the latest survey of economists expects oil to trade at US$64.73 a barrel at the end of December 2014 (from US$60.94 on Dec 10).

“Prices will then edge up to US$69.32 by mid-2015 and US$72.10 by the end of next year, they say,” according to report.

The WSJ report said the forecasts are based on the front-month contract for light, sweet crude traded on the New York Mercantile Exchange.)

“The good news is that the projected increase is small. Energy prices will be well below where they were in the first half of 2014. Back then, the price of a barrel of oil averaged just over US$100,” it said.

At 4.04pm, US light crude oil was trading at US$59.95 for January 2015 while for June it is US$61.23 and at US$63.37 in December that year.

http://www.malaysiakini.com/news/283322

...lets vote wisely whether A in or out doesnt matter we use our own brains.

.....but d economy controlled by d Capitalist consists of Jews having their own Agenda n Strategy so nobody can read their mind.They hv made it clear 2015 is a bad year for crude n 2016 shall bounce.During this period Russia collapse n Saudi will hv to cut production...trial period 12 mths...lets think on this basis.

The Economist magazine-extract: Supporting both lines of Shale n crude oil there will be winners n losers but on a net basis its a good news for global economy.40% price drop motorist in US r spending only Usd800 as compared to Usd3000= 2% pay rise.Tks to to sluggish world prices due to creation of 20,000 new wells in North Dakota n Texas using manic drilling since 2010 more then 10 times of Saudi which boosted by 3rd to nearly 9m barrels/day that is short of just of 1m b/d as compared to Saudi output.The contest between Shalemen n d Sheiks have tipped d world from a shortage to oil off to a surplus.Big net importers like India,Japan n Turkey r enjoying d big windfalls.Global GDP shd rise,will reduce low inflation still further. the Federal reserve will out off raising interest rates for longer.The European Central Bank will act boldly to ward off deflation by buying sovereign bonds. There will be loser oil producing countries whose budget depend on high prices r in particular trouble.Nigeria has been forced to raise interest rates n devalued d Naira.Venezuela looks ever loser closer to defaulting in its debts.The spectre of defaults n the speed scale pr plunged led to unnerved financial markets but d overall economic effect of cheaper oil is clearly positive.Just how positive will depend on how long d pr stays low.That is d subject of continuing tussle between Opec n Shale.Saudi wants to let d pr fall n put high cost producers out of business.That should soon crimp supply causing pr to rise.there r sign that shakeup is already there.The share prices of shale Co have been swooning. Many gone into debts even b4 d start of falling prices since most were investing in new wells, bankruptcy is likely since Shale wells r short lived n any slowdown in investment will quickly translate into falling production but in d long d industry seems assured.

M&A right time with cheap price.

I feel price hv hit d bottom 60 n may sustain until end of d year n next yr 75-85...my2c.

http://www.nst.com.my/node/61643

The Economist magazine-extract: Supporting both lines of Shale n crude oil there will be winners n losers but on a net basis its a good news for global economy.40% price drop motorist in US r spending only Usd800 as compared to Usd3000= 2% pay rise.Tks to to sluggish world prices due to creation of 20,000 new wells in North Dakota n Texas using manic drilling since 2010 more then 10 times of Saudi which boosted by 3rd to nearly 9m barrels/day that is short of just of 1m b/d as compared to Saudi output.The contest between Shalemen n d Sheiks have tipped d world from a shortage to oil off to a surplus.Big net importers like India,Japan n Turkey r enjoying d big windfalls.Global GDP shd rise,will reduce low inflation still further. the Federal reserve will out off raising interest rates for longer.The European Central Bank will act boldly to ward off deflation by buying sovereign bonds. There will be loser oil producing countries whose budget depend on high prices r in particular trouble.Nigeria has been forced to raise interest rates n devalued d Naira.Venezuela looks ever loser closer to defaulting in its debts.The spectre of defaults n the speed scale pr plunged led to unnerved financial markets but d overall economic effect of cheaper oil is clearly positive.Just how positive will depend on how long d pr stays low.That is d subject of continuing tussle between Opec n Shale.Saudi wants to let d pr fall n put high cost producers out of business.That should soon crimp supply causing pr to rise.there r sign that shakeup is already there.The share prices of shale Co have been swooning. Many gone into debts even b4 d start of falling prices since most were investing in new wells, bankruptcy is likely since Shale wells r short lived n any slowdown in investment will quickly translate into falling production but in d long d industry seems assured.

....n production cost can be reduced.

By merging administrative costs can be reduced ( less Ceo, Md, Dir emoluments etc can be saved) thereby synergy can achieved.

From this what is your comments/conclusion.The way I see: during d Asian crisis d ringgit was pegged @ 3.80 n banks were forced to merge n becoz of this our market is sustaining.CNN have made it very clear that the Capitalist work within d frame work of Capitalism n they don't care what happens within n outside world n they have their strategy n agenda.They said oil prices have been high for d last few years now have to go for correction n 2015 is n is a bad year for crude n 2016 shall be good.President has no control on d CIA n Capitalist.Crude oil revenue is a must for d country otherwise no infrastructure n have to eat tapioca like during d Japanese days or we have to start growing your vegetables.The economist n advisers to d Govt r not foolish either so they have to do their homework.Obviously O&G M&A are on d cards in 2015 otherwise d country collapse.Today Biztimes looks lime oil have bottomed n shall remain @ about 60 until end of d year n next yr 75-85 n 2016 may bounce. question1) can Suma survive @ d present price n what is d cost/barrel...Question 2) Perisai/Alam/Suma may have to merge with Petronas, forced by Govt as what they did to banks..Question 3) all new acquisitions price have to be renegotiated so BE shall be at a lower price...Question 3) seek expertise from US for low cost drilling assets.

The Economist magazine-extract: Supporting both lines of Shale n crude oil there will be winners n losers but on a net basis its a good news for global economy.40% price drop motorist in US r spending only Usd800 as compared to Usd3000= 2% pay rise.Tks to to sluggish world prices due to creation of 20,000 new wells in North Dakota n Texas using manic drilling since 2010 more then 10 times of Saudi which boosted by 3rd to nearly 9m barrels/day that is short of just of 1m b/d as compared to Saudi output.The contest between Shalemen n d Sheiks have tipped d world from a shortage to oil off to a surplus.Big net importers like India,Japan n Turkey r enjoying d big windfalls.Global GDP shd rise,will reduce low inflation still further. the Federal reserve will out off raising interest rates for longer.The European Central Bank will act boldly to ward off deflation by buying sovereign bonds. There will be loser oil producing countries whose budget depend on high prices r in particular trouble.Nigeria has been forced to raise interest rates n devalued d Naira.Venezuela looks ever loser closer to defaulting in its debts.The spectre of defaults n the speed scale pr plunged led to unnerved financial markets but d overall economic effect of cheaper oil is clearly positive.Just how positive will depend on how long d pr stays low.That is d subject of continuing tussle between Opec n Shale.Saudi wants to let d pr fall n put high cost producers out of business.That should soon crimp supply causing pr to rise.there r sign that shakeup is already there.The share prices of shale Co have been swooning. Many gone into debts even b4 d start of falling prices since most were investing in new wells, bankruptcy is likely since Shale wells r short lived n any slowdown in investment will quickly translate into falling production but in d long d industry seems assured.
12/12/

The Economist magazine-extract: Supporting both lines of Shale n crude oil there will be winners n losers but on a net basis its a good news for global economy.40% price drop motorist in US r spending only Usd800 as compared to Usd3000= 2% pay rise.Tks to to sluggish world prices due to creation of 20,000 new wells in North Dakota n Texas using manic drilling since 2010 more then 10 times of Saudi which boosted by 3rd to nearly 9m barrels/day that is short of just of 1m b/d as compared to Saudi output.The contest between Shalemen n d Sheiks have tipped d world from a shortage to oil off to a surplus.Big net importers like India,Japan n Turkey r enjoying d big windfalls.Global GDP shd rise,will reduce low inflation still further. the Federal reserve will out off raising interest rates for longer.The European Central Bank will act boldly to ward off deflation by buying sovereign bonds. There will be loser oil producing countries whose budget depend on high prices r in particular trouble.Nigeria has been forced to raise interest rates n devalued d Naira.Venezuela looks ever loser closer to defaulting in its debts.The spectre of defaults n the speed scale pr plunged led to unnerved financial markets but d overall economic effect of cheaper oil is clearly positive.Just how positive will depend on how long d pr stays low.That is d subject of continuing tussle between Opec n Shale.Saudi wants to let d pr fall n put high cost producers out of business.That should soon crimp supply causing pr to rise.there r sign that shakeup is already there.The share prices of shale Co have been swooning. Many gone into debts even b4 d start of falling prices since most were investing in new wells, bankruptcy is likely since Shale wells r short lived n any slowdown in investment will quickly translate into falling production but in d long d industry seems assured.

The Economist magazine-extract: Supporting both lines of Shale n crude oil there will be winners n losers but on a net basis its a good news for global economy.40% price drop motorist in US r spending only Usd800 as compared to Usd3000= 2% pay rise.Tks to to sluggish world prices due to creation of 20,000 new wells in North Dakota n Texas using manic drilling since 2010 more then 10 times of Saudi which boosted by 3rd to nearly 9m barrels/day that is short of just of 1m b/d as compared to Saudi output.The contest between Shalemen n d Sheiks have tipped d world from a shortage to oil off to a surplus.Big net importers like India,Japan n Turkey r enjoying d big windfalls.Global GDP shd rise,will reduce low inflation still further. the Federal reserve will out off raising interest rates for longer.The European Central Bank will act boldly to ward off deflation by buying sovereign bonds. There will be loser oil producing countries whose budget depend on high prices r in particular trouble.Nigeria has been forced to raise interest rates n devalued d Naira.Venezuela looks ever loser closer to defaulting in its debts.The spectre of defaults n the speed scale pr plunged led to unnerved financial markets but d overall economic effect of cheaper oil is clearly positive.Just how positive will depend on how long d pr stays low.That is d subject of continuing tussle between Opec n Shale.Saudi wants to let d pr fall n put high cost producers out of business.That should soon crimp supply causing pr to rise.there r sign that shakeup is already there.The share prices of shale Co have been swooning. Many gone into debts even b4 d start of falling prices since most were investing in new wells, bankruptcy is likely since Shale wells r short lived n any slowdown in investment will quickly translate into falling production but in d long d industry seems assured.

The Economist magazine-extract: Supporting both lines of Shale n crude oil there will be winners n losers but on a net basis its a good news for global economy.40% price drop motorist in US r spending only Usd800 as compared to Usd3000= 2% pay rise.Tks to to sluggish world prices due to creation of 20,000 new wells in North Dakota n Texas using manic drilling since 2010 more then 10 times of Saudi which boosted by 3rd to nearly 9m barrels/day that is short of just of 1m b/d as compared to Saudi output.The contest between Shalemen n d Sheiks have tipped d world from a shortage to oil off to a surplus.Big net importers like India,Japan n Turkey r enjoying d big windfalls.Global GDP shd rise,will reduce low inflation still further. the Federal reserve will out off raising interest rates for longer.The European Central Bank will act boldly to ward off deflation by buying sovereign bonds. There will be loser oil producing countries whose budget depend on high prices r in particular trouble.Nigeria has been forced to raise interest rates n devalued d Naira.Venezuela looks ever loser closer to defaulting in its debts.The spectre of defaults n the speed scale pr plunged led to unnerved financial markets but d overall economic effect of cheaper oil is clearly positive.Just how positive will depend on how long d pr stays low.That is d subject of continuing tussle between Opec n Shale.Saudi wants to let d pr fall n put high cost producers out of business.That should soon crimp supply causing pr to rise.there r sign that shakeup is already there.The share prices of shale Co have been swooning. Many gone into debts even b4 d start of falling prices since most were investing in new wells, bankruptcy is likely since Shale wells r short lived n any slowdown in investment will quickly translate into falling production but in d long d industry seems assured.

Shellfish n opportunist

Suma for now frozen n down trend but price hv hit bottom n next yr 75-85 as per d media. My one question here can Suma survive wt 80 n what is their cost/barrel since US is using horizontal assets to drill at a cheaper cost.Any body can answer this question...probably Noraini ?????

Please we r not criticising any body with poor English here.I am just creating awareness here some stup.... politicians gets d message.There is no doubt teachers r very hard working n committed now compared to my time but becoz of English all r wasting time n leading to mad world.I am not a Mala.... but d I pity d innocent kampong ppl whose children hv no destiny.All should support English medium schools to save this country.

Issue here under d worst circumstances can Suma survive wt 60 n How long can Saudi survive with 60 they hv 347billion reserves in foreign investment n what is their country's mthly expenditure. Can anybody answer...tks.

According to CNN 2015 is a bad year.Basing on d media with present conflict 60 is d price or otherwise then Saudi hv to cut production then 85-90....basing news from media.

http://www.moneynews.com/MKTNewsIntl/stock-market-crash-warren-buffett-indicator/2014/10/03/id/598461/?dkt_nbr=ufos34vz&utm_source=taboola&utm_medium=referral

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1822893

klse.i3investor.com/servlets/fdnews/222917.jsp

CNN News: America using horizontal to extract oil which have reduced cost n changing d world n they dont care what happens to other countries. They work within d frame work of their capitalist.Now oil trading @ 60 n now all depends on Saudi otherwise Opec may become irrelevant.

http://www.theweek.co.uk/business/oil-price/60838/oil-price-brent-crude-rebounds-from-five-year-low

Ya! true palm oil also abundant supply now n cheap crude oil makes palm oil not viable for biodiesel either.Again lacking in lacking in professionalism all jumping into d same wagon n oil prices collapsing.