Haha Mike actually also know how to trade. I'm trapped in Ranhill because I do not have chance to cut win anyway Ranhill do a lot of SBB and every quarter share dividend. So Rahill is doing the average down for me.
The Real Reason Oil Prices Aren’t At $80 By Simon Watkins - Jul 21, 2021, 8:00 PM
Partial from article :
As was very clearly demonstrated under the government of former President Donald Trump – but pertains to all U.S. presidencies of recent years – the top person in the White House does not, in general, want oil prices on the higher side. The economic reason for this is that for every US$0.01 that the U.S.’s national average price of gasoline rises, more than US$1 billion per year in discretionary additional consumer spending is estimated to be lost.
As a general historical rule of thumb, it is estimated that every US$10 per barrel change in the price of crude oil results in a US$0.25 change in the price of a gallon of gasoline. Based on more recent historical precedent, a US$90-95 per barrel of Brent oil price equates to around US$3 per gallon of gasoline and a US$125-130 per barrel of Brent equates to around US$4 per gallon of gasoline.
The ‘danger zone’ for U.S. presidents starts at around US$3.00 per gallon and at US$4.00 per gallon they are being advised to pack their bags in Pennsylvania Avenue or start a war to divert the public’s attention. The point was underlined by Bob McNally, the former energy adviser to the former President George W. Bush that: “Few things terrify an American president more than a spike in fuel [gasoline] prices.”
@stockrader, Based on annoucement intention to deal during closed period. This closed period typically lasts for one month prior to quarterly report
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD Description INSAS BERHAD ("INSAS" OR "THE COMPANY") - NOTIFICATION OF INTENTION TO DEAL IN SECURITIES DURING CLOSED PERIOD PURSUANT TO CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
@Stockraider, Must know Mike when he promote long term he also said short term tanam benih n tuai hasil in a week or 2 week a few times .. He actually sell in a week or 2 week a few times.
Posted by Mikeycc > Nov 23, 2021 8:47 AM | Report Abuse
Haha sslees is in PA also ?didnt see i posted long term with short term tanam benih n tuai hasil in a week or 2 week a few times ..
Haha Mike, Leno must has accumulated a lot of good karma to be rewarded with multi-million WC paper gain and very soon will migrate to Australia and live happily ever after.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 868 views | 5 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
Sslee
5,952 posts
Posted by Sslee > 2021-11-23 08:59 | Report Abuse
Haha Mike actually also know how to trade. I'm trapped in Ranhill because I do not have chance to cut win anyway Ranhill do a lot of SBB and every quarter share dividend. So Rahill is doing the average down for me.