From my observation, aa has never drop 1 sen since the day after announce dividend. It close higher day by day and open lower, high chance of collecting and scare off weak holder
Production cut versus supply cut mah...Iraq oppose production cut...there is mixed signal in OPEC...see OPEC independent or not lorh...trump already intervention the OPEC meeting using NOPEC as a threat
Yes. many good news for oil price tumble. Only bad new is if Saudi and Russia make a big cut. But the world don't think so. We investors must make wise decision in advance.
Non-OPEC oil output will rise by 2.3 million bpd this year while oil demand should grow by a 1.3 million bpd next year, projects the International Energy Agency, which advises major oil consumers on energy policy. That could lead again to a market awash in oil, lowering global prices.
OPEC this week must decide whether the global economy will need more oil or less. After months of producing well below the group’s target, its leaders increased production last summer and by October had added nearly 400,000 bpd over September. Russia also increased its production by about 460,000 bpd above its cap. “OPEC realizes that in the last downturn, in an effort to grab market share, they got nowhere. They ended up losing market share to some extent,” said Muqsit Ashraf, senior managing director for energy at consultancy Accenture Strategy.
One lesson from the last price war is that shale can expand production even at prices that hurt OPEC members’ budgets, said Karr Ingham, a Texas oil and gas economist.
Companies in the Permian Basin, the country’s biggest shale oil formation, pumped 1.6 million bpd in June 2014 when prices peaked at $107 and output rose to nearly 2 million bpd two years later as prices fell to $26, according to government data.
“OPEC can wait from now until kingdom come, but they won’t get … a production decline” from the Permian field, Ingham said
While the world’s biggest oil exporter cut pricing on all its grades for January sales to Asia in a bid to take back market share lost to the likes of Russia and the United States, the significant reduction in the premium for its lighter varieties shows the kingdom is probably taking into account the shrinking margins in the region for cleaner fuels as well as focusing on tackling competition from other sellers.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 348 views | 1 d ago
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New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 507 views | 5 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings 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....
Tbt95
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Posted by Tbt95 > 2018-12-05 18:52 | Report Abuse
After ex the call warrant will drop or nothing happen?