Brent crude oil weaken. WTI crude futures fell 2.2% US crude oil nventories rose by 4.3 million barrels compared with expected fall of 913,000 barrels. Be careful
The irecent ncrease in Brent crude is not significant to influence Petronas policy. Changes if any will only be felt next year. Be very careful as price have appreciated significantly from $0.74
Even before the oil price rally, Dayang has been oversold and is well below fair value. Minimum price is surely 130 in run up to results which out to be better first half! Add to this removal,of liquidity from rubbers....anything could happen ....! Think about it.
Oil futures falls as big build in US crude stockpiles raises spectre of supply glut. Be careful. Party may be over . Other oil related companies in KLSE are also moving south
Fortunately my Armada of 11 Battleships and Super Tankers has started to move two week ago. All of them has been set to go on full speed when Brent breaches USD 50.
The 1st to fire the Cruise Missiles will be Bumi Armada...Armada has been programme to fire the Missiles once it breaches 30 sen..only 3 sen away to hit Mabel's Target Price.
KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.
Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement. Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.
Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.
"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.
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....
ngs98
360 posts
Posted by ngs98 > 2020-11-12 11:42 | Report Abuse
Yes.In this market you place your bets early and hope and pray it works out!!LOL!