Standard & Poor’s Ratings Services revised its outlook to negative for Royal Dutch Shell Plc (RDSA), Total SA (FP) and BP Plc (BP/) as the oil-market rout driven by weakening demand and a flood of supply from American shale fields threatens cash flow into 2016.
The credit-rating company also cast a dim eye on Houston-based ConocoPhillips, saying it’s facing similar cash flow pressure, and said it may cut the ratings on Eni SpA (ENI) and BG Group Plc’s BG Energy Holdings. S&P cited “the dramatic deterioration in the oil price outlook” and the 50 percent increase in debt loads for the biggest European oil producers since the end of 2008. -------------------------------------------------------------------------------------------------------
Look at the big picture...Big Global Oil & Gas companies are facing cash flow pressures.....it will get worse in 2015 and beyond...
Write a comment..to knm..knm is have strong support at 0.49...perisai is gone liao...after new yaer will be drop more.....no fund come 2 support...today will close lower....0.485 or lower...next week lago gone....
Big bosss support knm....right issue so the price will no drop more can see from these few day volum no much throw compare with perisai...epf is selling the perisai
Us sydicate today theyvpush down the crude oil proce hain after it go up early srsdion.sp mpnfay perisai will down to 0.49 again.frifay id good time to pusj it up nut fund msnsger do not do so
Ya collect or correction ah ? The drop pattern now suggest 40sen again soon I guess tat time is best to collect.. but I enter too early today at average 46sen... :(
Hope sellers remain STRONG 'cos Perisai have dropped about 47 percent and moreover their contractual terms and rates were intact and NOT tied to oil prices....DON'T sell to buyers asking for low prices 'cos you gonna regret later! STAY STRONG BUDDIES!!!!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
King Kong73
2,058 posts
Posted by King Kong73 > 2014-12-23 16:17 | Report Abuse
Bought.some at.0.505 to average down