agm6006: Oil brent still unchange at usd 47.99. http://www.cnbc.com/commodities/ THHEAVY new projects are FPSO not depend on oil price. U can read my my previous old postings.
Oil dropped further following news from US, shale activity still ongoing and not affected with the current crude oil price. This hints more crude inventory. Looks like US ain't giving up their market share.
Those biz that involves direct with oil price will be affected .
THHEAVY already secured FPSO project that can last 7+10 yrs. FPSO contract is fix income and not affected by oil price volatility. Fund for the FPSO project also ready after RI completed.
THHEAVY price been steady at 0.20 +/- since last mth. Big players supporting well waiting for next wave uptrend.
FPSO RM2.8 billion project already in hand takkan la worth only RM0.20. sure go up higher 1.. the big players holding back coz the income profit will only come in 2016 and also see market retailer response for buying but still weak.
Inside pocket already have RI fund by TH RM275 million.. still play wait and see.. simpan THHEAVY-PB also..
Use more fund to push the share price up, share value also increase then more retailers, big players will be more attracted to invest.. If just support at 0.20 not moving.. retailers /investor will go for more active counters.
See tonight how was the crude oil shoot up lor..who else want earn more money please dont set road block la..set at 0.25 cant?want play roas block then go tms and mqtech,there is the most suitable for u guys...dont zhor ju others fatt datt
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....
azta12
5,594 posts
Posted by azta12 > 2015-10-21 15:36 | Report Abuse
oil in asia continue dropping down by 1.4% to 45.63 lvl.