All the Oil and Gas company do not believe Crude Oil can be pushed down by Dollar due to supply chain totally broken from Russia, they keep buy the the Crude Oil future instead of hedging/sell the price cause them having huge loss from Crude Oil future, Do you think FED able to control the Crude Oil price directly or indirectly ? the truth proof that it can be.
As we talk about regularly, concentrate on your current business unit, do not involve any Crude Oil future transaction, one of Singapore Crude Oil company bankrupt due to loss more than 0,7billion SGD of long Crude Oil future on 2020 March, now at least 2 years time no dividend provide for the shareholder
OTB Posted by Hotstuff > 5 minutes ago | Report Abuse now because of you many has stuck at high price yet you still dare to tell them hold it is too late to sell! now is the right price to sell before you see the price tumble below rm2! ------------- If crack spread is rebounding tomorrow, the share price will be higher. Please cut loss if you think that the share price will drop to 2.00. 9 hours ago
OTB Posted by Hotstuff > 28 minutes ago | Report Abuse you are lucky you are still alive because 99% of your blind followers are low income class who can only lose few thousands. -------------------- Please stay out of this market, KLSE will be a bear market for sometime. Wait for bull market to return, then you come back to invest. 9 hours ago
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....