Tg Pial development is to cater for storage need in the refinery and petro-chemical industries. These downstream activities are least affected by the rout in crude price
erm vin tan... the downstream business is highly affected by the drop in crude... reason being... they purchase crude at a very low price now... however, most of their end products are still about the same price.
@cowboy - do you buy lots of cooking oil to keep when it is super expensive? or do you only pump lots of petrol when the price is sky high? that's a little strange...
For most 'normal' people, the only time we do stockpiling is when something is damn cheap.
for those subscribe for the 283 million bonds at RM0.705 conversion price to a share of Benalec are the biggggg winner, those who bought above RM1 have to be patient......
When where is here, Taciturn and JJ Wong will be back. Heard this company links to 1MDB? When they going to announce the agreement between Msia and 1MDB?
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....
Vin Tan
147 posts
Posted by Vin Tan > 2015-02-04 14:51 | Report Abuse
Sorry folks, I mean resistance runtuh ! resistance runtuh!
another scandal? I was just spinning