Dua dua now pun hug together mati la bro.understand the low crude oil affect profit of o&g company and sentimental of investor then u can easily understand why their share keep on drop.
Shamsul Petronas ex says new technologies for shale O&G have brought down the break-even price level for production to be feasible at between US$12 and US$24 (per barrel)...
Oil glutton industries... BOOM industries for many many years to come...
Oil and gas industry.... DOOM industry for many many years to come...
KUALA LUMPUR (Sept 14): Malaysian Prime Minister Najib Razak said on Monday a government equity investment firm would be given 20 billion ringgit (US$4.6 billion) to shore up the country's stock market, and announced other measures to support its slowing economy.
Najib told a newsconference the equity investment firm, ValueCap, will invest in undervalued Malaysian companies.
He also announced that the factory sector would be exempted from import dutires until the economy recovers, but did not specify which sectors would be affected.
The ringgit currency has lost almost 19% of it value against the dollar so far this year, and Malaysia's stock market has retreated 8.95% this year.
KUALA LUMPUR (Sept 21): The last three trading days in the last week, could be a turning point for Bursa, according to MIDF Research, as investors classified as “foreign” turned net buyers of equity listed in the open market on Bursa.
In his weekly fund flow today, MIDF Research head Zulkifli Hamzah said the amount mopped up was RM685.0 million
PIRA Energy Group, a closely watched forecaster that predicted the slump in oil prices a year ago, said on Thursday it expects crude prices to rise to $70 per barrel by the end of 2016 and $75 a barrel in 2017.
Maybank IB TPs are pure nonsense. attended their Outlook Seminar more than a year ago and Barakah was in their radar with TP 1.80. If you look at other small caps like Oldtown and Padini, you can see who unprofessional or unethical MB ANALyst are. ask you to buy when they wanna sell, ask you to sell when they wanna buy
The Sabah Sarawak Gas Pipeline is a network of onshore pipeline that link Sabah Oil and Gas Terminal in Kimanis, Sabah and PETRONAS LNG Complex in Bintulu, Sarawak. The length of the pipeline is 503km. The scope of the Contract include inspection, testing, repair and maintenance of the pipes and related infrastructures to maintain the pipeline integrity. The Contract duration is for two years from 1 December 2015 until 30 November 2017. PGB has the option to extend the Contract period for an additional one year.
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....
kaichi4118
11 posts
Posted by kaichi4118 > 2015-07-07 09:28 | Report Abuse
i sold it 0.93..:)