WASCO BERHAD

KLSE (MYR): WASCO (5142)

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Last Price

1.26

Today's Change

-0.03 (2.33%)

Day's Change

1.26 - 1.29

Trading Volume

1,667,000


3 people like this.

2,705 comment(s). Last comment by Invest_888 3 days ago

tkl88

8,712 posts

Posted by tkl88 > 2020-05-07 22:00 | Report Abuse

U.S. oil prices jump more than 8% as Saudi Arabia lifts prices, China crude imports climb

By Mark DeCambre
Published: May 7, 2020 9:14 am ET

https://www.google.com.my/amp/s/www.marketwatch.com/amp/story/guid/28455BBE-901F-11EA-9208-AF2E6FA5B5BC

Brent oil price, the international benchmark, rises around 6%
Crude oil futures climbed sharply on Thursday, at least partly supported by Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months.
Saudi Arabia, the most influential member of the Organization of Petroleum Exporting Countries, is raising crude prices for its customers world-wide, according to Bloomberg TV.

Meanwhile, China’s imports rose to 10.42 million barrels a day in April from 9.68 million in March, according to Reuters data. Overall imports for the world’s second-largest economy and the biggest oil importer were down 14.2% from the year-ago period. However, exports from the country grew an unexpected 3.5% from the previous year.
That data combined with hope of a slowdown in production by global oil producers and a gradual revival of economies around the globe after restrictions due to the COVID-19 pandemic are lifted are expected to eventually lift crude prices.
“Oil is ruining up on hopes on rebounding demand,” wrote Peter Cardillo, chief market economist at Spartan Capital Securities in a daily research note.
West Texas Intermediate crude for June delivery CL CLM20+9.38% on the New York Mercantile Exchange, rose $2, or 8.3%, to $25.99 a barrel, after settling 2.4% lower on Wednesday, which snapped a five-session streak of gains.
Global benchmark July Brent crude UK:BRNN20+5.99%  picked up $1.54, or 5.2%, at $31.26 a barrel on ICE Futures Europe, following a 4% decline in the prior session.

The EIA reported Wednesday that U.S. crude inventories rose 4.6 million barrels for the week ended May 1. The data, which excludes changes in the SPR, marked a 15th consecutive weekly rise, but was smaller than the average increase of 7.1 million barrels forecast by analysts polled by S&P Global Platts.
Investors are also digesting the U.S. weekly jobless claims data Thursday which showed more than 3 million Americans lost employment, adding to the already 30 million figure that has been racked up over the past six weeks.
Some signs of easing tensions between China and the U.S. may also be providing a lift to crude prices, as Bloomberg News reported on Thursday that U.S. trade negotiator Robert Lightihizer and his counterpart Liu He are scheduled to have a call to discuss progress on a phase-one trade deal between the countries that had looked in jeopardy of being quashed by President Donald Trump.

tkl88

8,712 posts

Posted by tkl88 > 2020-05-08 17:28 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !

As at 5.22pm,
Nymex at => $24.39 (+0.84) (+3.57 %)
Brent at => $29.99 (+0.53) (+1.80 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-05-09 08:11 | Report Abuse

Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 %)

tkl88

8,712 posts

Posted by tkl88 > 2020-05-09 08:32 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up to sky high!

Nymex closed at => $24.62 (+1.07) (+4.54 %)
Brent closed at => $30.88 (+1.42) (+4.82 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-05-09 16:34 | Report Abuse

Walaoeh, Oil price going to be super bullish from now onwards !

一个月前卖不动,如今国际原油或将供应短缺!怎么回事?
https://www.baidu.com/#iact=wiseindex%2Ftabs%2Fnews%2Factivity%2Fnewsdetail%3D%257B%2522linkData%2522%253A%257B%2522name%2522%253A%2522iframe%252Fmib-iframe%2522%252C%2522id%2522%253A%2522feed%2522%252C%2522index%2522%253A0%252C%2522url%2522%253A%2522https%253A%252F%252Fmbd.baidu.com%252Fnewspage%252Fdata%252Flandingpage%253Fs_type%253Dnews%2526dsp%253Dwise%2526context%253D%25257B%252522nid%252522%25253A%252522news_9699743094647660452%252522%25257D%2526pageType%253D1%2526n_type%253D1%2526p_from%253D-1%2526innerIframe%253D1%2522%252C%2522isThird%2522%253Afalse%252C%2522title%2522%253Anull%257D%257D

金十数据
05-08 20:44百家榜创作者,金十数据官方帐号,优质财经领域作者

4月中旬,纽约油价惊现负值,让无数人陷入“投资扣光本金还要倒贴钱”的尴尬境地。我们刚刚被科普出现“负油价”的原因是,国际油市供应过剩。然而,不到一个月时间,有分析师就却指出,有迹象显示,国际原油市场可能很快就要从供应过剩,转为供应短缺。这到底是怎么一回事呢?

首先,我们可以从与国际原油市场关系最为密切的油轮收益情况中了解到当前乃至未来原油的供应情况。据国际航运新闻网最新报道,波罗的海国际航运公会(BIMCO)首席航运分析师指出,2020年第一季度,是近十年来大型油轮收益最高的季度之一。这主要是由于一季度油价暴跌,市场比较倾向于囤积原油,待价而沽,可囤油的油轮租金及运价就应声上涨。
据国际航运新闻网(International Shipping News)5月7日消息,近几周,全球原油油轮收益呈大幅下降趋势。短短九天内(4月22日-5月4日),从中东湾到美国湾的超大型油轮的收益就从16.24万美元/天,大跌至3.62万美元/天,降幅近八成。反证可得,这一信号可能意味着国际油市已经逐渐倾向于将原油取出使用,供应也很可能也将不再过剩。

此外,随着欧佩克(OPEC)的减产协议5月开始生效,国际油市逐渐从期货溢价(远期期货价格高于近期期货)向现货溢价(现货价格高于期货价格)转变。而国际原油市场的现货溢价鼓励投资者将石油从库存中取出使用。
此外,中国、美国等多个国家开始复工,也消耗库存原油,进一步提振了国际原油需求。据Market Watch最新公布的报告显示,近几天,由于美国能源部门连续两天抽走汽油库存,美国汽油需求在四周内又创新高。

而中国复工步伐的稳步推进,也将进一步推高原油需求。目前,中国炼化厂的生产已经恢复了70%的产能。而据美国能源情报集团(Energy Intelligence)预测,二季度,中国的能源需求将环比增长100万桶/日,增幅约为10%。

tkl88

8,712 posts

Posted by tkl88 > 2020-05-12 17:32 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up !

As at 5.30pm,
Nymex at => $24.88 (+0.74) (+3.07 %)
Brent at => $30.07 (+0.44) (+1.48 %)

Huat ah ! Heng ah ! Ong ah !

Posted by Wong Kah Wei > 2020-05-12 19:43 | Report Abuse

So waseong drop

tkl88

8,712 posts

Posted by tkl88 > 2020-05-13 00:48 | Report Abuse

Wow, Amazing !
Oil price continue to spike up to sky high !

As at 12.38am,
Nymex at => $25.82 (+1.68) (+6.96 %)
Brent at => $30.21 (+0.58) (+1.96 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-05-13 16:22 |

Post removed.Why?

tkl88

8,712 posts

Posted by tkl88 > 2020-05-15 02:56 | Report Abuse

Wow, Fantastic !
Oil price was superb damn hot man !

As at 2.47 am,
Nymex at => $27.46 (+2.17) (+8.58 %)
Brent at => $31.10 (+1.91) (+6.54 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-05-16 09:44 | Report Abuse

Wow, Fantastic !
Oil price continues it’s bull run man !

Nymex closed at => $29.71 (+2.15) (+7.80 %)
Brent closed at => $32.84 (+1.71) (+5.49 %)

Like that next week share price for all stocks especially O & G stocks in KLSE will be spike up to sky high already !

Huat ah ! Heng ah ! Ong ah !

Posted by Matthew Chew > 2020-05-17 22:04 | Report Abuse

ini kalilah...all in for oil stock

Posted by taishjason > 2020-05-18 09:13 | Report Abuse

This morning, the price shoot up.

tkl88

8,712 posts

Posted by tkl88 > 2020-05-18 10:06 |

Post removed.Why?

Posted by Dingdongbell > 2020-05-18 18:24 | Report Abuse

Back to rm1.20 soon

tkl88

8,712 posts

Posted by tkl88 > 2020-05-18 18:36 | Report Abuse

Wow, Fantastic !
Oil price continues to spike up to sky high man !

As at 6.30pm,
Nymex at => $31.56 (+2.04) (+6.91 %)
Brent at => $34.30 (+1.80) (+5.54 %)

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-20 19:00 | Report Abuse

another gap down in progress. RIP

Kai YaNg

24 posts

Posted by Kai YaNg > 2020-05-20 19:52 | Report Abuse

omg, sell for saving your money

Posted by Wong Kah Wei > 2020-05-20 22:03 | Report Abuse

Can buy below 50 cents liao

david81

279 posts

Posted by david81 > 2020-05-21 00:00 | Report Abuse

It might not that bad tomorrow when people expecting the result gonna be bad.

slee

587 posts

Posted by slee > 2020-05-21 10:05 | Report Abuse

Because of implement only show so bad

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-05-21 10:06 | Report Abuse

Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies -43,256

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-05-21 10:14 | Report Abuse

43 mil losses ...sell

Posted by Dingdongbell > 2020-05-21 11:40 | Report Abuse

Sold d. Wait to buy at lower price.

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-21 14:44 | Report Abuse

buy red sell green, no need me to teach you :)

darius7

37 posts

Posted by darius7 > 2020-05-21 15:13 | Report Abuse

Run!!!

germaice

132 posts

Posted by germaice > 2020-05-21 16:08 | Report Abuse

New normal this sector healthcare,Internet based e-commerce , API mobile marketplace ,delivery services and video conference beneficiary from covid19

wpkhoo

18 posts

Posted by wpkhoo > 2020-05-22 12:07 | Report Abuse

All the sifu here, pls give some advice, cut lose or hold tight?

Posted by Wong Kah Wei > 2020-05-22 13:36 | Report Abuse

Cheap x2 0.52 will buy

soso9999

549 posts

Posted by soso9999 > 2020-05-22 17:27 | Report Abuse

Rubbish stock

Posted by Rookieinvestor > 2020-05-26 22:26 | Report Abuse

run if you can. Beware of this stock

soso9999

549 posts

Posted by soso9999 > 2020-05-26 23:10 | Report Abuse

No hope

Gala Kat

904 posts

Posted by Gala Kat > 2020-05-28 10:09 | Report Abuse

How would you possibly know it's a ' Warren Buffet ' moment ..??

JK22

1,789 posts

Posted by JK22 > 2020-05-28 10:27 | Report Abuse

Wah.. very Seong now.....

wpkhoo

18 posts

Posted by wpkhoo > 2020-05-28 13:27 | Report Abuse

Goinf down again and again... Where is the rebound?

Posted by Wong Kah Wei > 2020-05-28 16:28 | Report Abuse

give me 0.52

Posted by Wong Kah Wei > 2020-05-28 16:48 | Report Abuse

thks ah seong

wpkhoo

18 posts

Posted by wpkhoo > 2020-05-28 17:00 | Report Abuse

Anyone bought in 0.515?

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-28 23:25 | Report Abuse

wah my last touch was 0.65 last week now drop till 0.515 d

waseong

201 posts

Posted by waseong > 2020-05-30 11:10 | Report Abuse

No project, how to survive? need to pay salary, rental etc. Who are brave, buy lah.

vivoviva

775 posts

Posted by vivoviva > 2020-06-01 09:49 | Report Abuse

will go up somemore? i scared laosai pompipi

slee

587 posts

Posted by slee > 2020-06-01 17:43 | Report Abuse

When is the big big project will announce?

mf

28,101 posts

Posted by mf > 2020-06-08 07:03 | Report Abuse

Dow futures rise 150 points as Wall Street tries to add to last week’s rally

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-06-09 00:05 | Report Abuse

Brent Crude oil price drop below USD 41 .... sigh .... like that how to fly ? sakit hati betui

stncws

10,503 posts

Posted by stncws > 2020-06-09 00:08 | Report Abuse

those buy friday is dangerous. July is bear market

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-06-09 00:18 | Report Abuse

tomolo sure got monkey start panic selling liao

tkl88

8,712 posts

Posted by tkl88 > 2020-06-16 21:08 | Report Abuse

Wow, Amazing !
Oil price spike up crazily !
This round Jia bui liao already !
As at 8.57pm,
Nymex=> $38.51 ‪(+1.39) (+3.74%)‬
Brent at=> $41.07 ‪(+1.35) (+3.40%)‬

tkl88

8,712 posts

Posted by tkl88 > 2020-06-16 22:21 |

Post removed.Why?

tamp0i

912 posts

Posted by tamp0i > 2020-06-19 14:42 | Report Abuse

One of the hidden gem. I like

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