if crude oil price keeps dropping for months and kept low for a while, diesel price will also drop in coming months and this should be positive for ktb
Well, if oil down more, diesel price will go down more. There will surely be a surge when the next price of diesel announced. This time's fall is mainly due to diesel's price increase from subsidised RM 2.20 to current unsubsidised RM 2.23. Only 3 cents difference in diesel price per liter and price of KTB fell from 0.33 to 0.27. Worth to enter now for sure.
KUCHING: The nation will enjoy a further drop in fuel prices, if the downward trend in global prices is anything to go by. Deputy Finance Minister Datuk Ahmad Maslan noted that the first week of this month had seen worldwide oil prices exhibiting declines and if such trend continued, he believed that prices of diesel, RON95 and RON97 would go down as well. “Based on last week’s trend, the price of diesel by Jan 1 could go down from the current RM2.23 per litre.
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....
Meng
1,148 posts
Posted by Meng > 2014-12-01 09:56 | Report Abuse
today most counters no hope, klci are doom,,,,