till today... world oil prices still up. Currency also up. hopefully it can hold & counter prices also up... Question is.... Profit taking? or CNY push??? So help us Choy Sen Yeh...
What You Should Do We advise investors to accumulate Perisai shares. In our 30 Dec 2014 sector report, we conservatively removed two idle assets, namely mobile offshore production unit Rubicone and pipelay barge E3, from our forecasts. Should management secure contracts for these assets, the swing in earnings would be substantial.
meiling1990 why so confident that Perisai-CH return soooo good? first thing mother share no movements can u expect ch to go up? am afraid the price stagnant till expired date, don't u agree?
Oil’s surge to bull market seen as temporary jump amid glut
By Bloomberg / Bloomberg | February 4, 2015 : 1:34 PM MYT
(Feb 4): Oil is back! Or maybe not.
After suffering its longest rout in history, crude is on the rebound, entering a bull market yesterday after soaring 24 percent from a six-year low reached in January. Behind the gains is speculation that curbs in investment will cut production.
For all the optimism among traders, firms from Barclays Plc to Societe Generale SA and UBS Group AG say the rally is just temporary because less spending won’t eliminate a glut overnight. Instead of heading back to $100 a barrel, oil could fall as low as $30 because supply surpluses won’t disappear overnight, said Miswin Mahesh, a commodities analyst at Barclays.
“We don’t think we’ve seen the bottom yet,” Giovanni Staunovo, a commodities analyst at UBS in Zurich, said by e-mail on Tuesday. “We expect U.S. commercial crude oil stocks to hit a new 84-year high on Wednesday, while U.S. oil production is likely to stay strong in the near term.”
Brent crude, the international benchmark, rose $3.16 to $57.91 a barrel in London on Tuesday, advancing for a fourth day, as drilling activity plunged in the U.S. and oil companies deepened spending cuts to more than $40 billion since Nov. 1. Hedge funds and other speculators held the largest number of short contracts in the U.S. benchmark in four years last week.
KNM.. barakah. all flying high.. but still i cannot see any significant rebound for Perisai..come on.. as other o&g counters fly.. Perisai should be up until 0.6 with this current condition.it is just a matter of time cause Perisai has all the capability to go further.
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....
stonenut
2,776 posts
Posted by stonenut > 2015-01-31 11:30 | Report Abuse
Crude oil price naik!!!! Monday all oil and gas counters will fly! !!