#Indianajones HLIB TP is old story since August 21. Is there something the market is reading , we are not seeing. Yinson, Hibisc and the like have skyrocketed. Only this old engine still cannot show real strength. Any one can explain the underlying issue for it not to move yet? 16/10/2021 12:18 PM
Ever watched “Indiana Jones and the Last Crusade?”
There’s that great scene at the end where both Indiana and Walter Donovan (the bad guy) get to guess which cup (out of dozens) is the Holy Grail. And Donovan’s logic was: “Well, since Jesus was “King of kings”, that his cup has to be made of gold.” If you watched the movie you know that he… chose poorly.
Indiana’s logic was very different: “Jesus was humble and he was a carpenter. So his cup would be made of wood.” Yes, Indiana chose… wisely. This is very similar to how people choose company on a Stock Market. Most people take the “Donovan approach” and go after the shiniest product they THINK will sell.
But real pros? The “Indiana Joneses” of the Investment world? They take the smart approach. They rely on data, information, & knowledge. They not only pick company that simply look the best… but they use company that are able to serve.
Anyway Yinson and Hibiscus is part of Mabel's collection of Battleships and Supertankers. They are part of Fossil Fuels Supply Chain to fight this War on Terror.
If Mabel Energy Armada (ranked World No 5) and Yinson (ranked World No 6) merged, it will create the World Biggest FPSO. All the Top 8 FPSO operator in the world by fleet size have . Operating presence in Asia, Africa and Europe. FPSO’s contracts are bankable, providing steady visibility (long-term charters, termination protection) with reasonable project IRRs. FPSOs tender pipeline are strong and steady. The global FPSO market to is expected to grow at a CAGR of more than 6.1%.
Heating oil Hits 7-year High Heating oil futures skyrocketed to $2.6 a gallon, the highest since October 2014, tracking other energy markets higher and are expected to hit household finances as the weather turns colder. Less than 12 million American households rely on heating oil and are concentrated in the US Northeast. Heating oil costs are seen rising 54% from last winter, according to the EIA. Last week, the EIA Petroleum Status Report showed US heating oil inventories increased 0.267 million barrels in the week ending October 8th. Distillate stockpiles, which include diesel and heating oil, went down 0.024 million barrels last week, less than market expectations of a 0.933 million decrease.
EU Natural Gas Rallies 9% Above €100 European gas prices surged 9% to above 100 euros a megawatt-hour, after a pipeline capacity auction held on Monday showed no increase in supplies from Russia either through the Ukrainian pipeline or lines passing through Poland to northwest Europe. Gazprom's data also showed its gas exports declined in the first half of October from the same period in September. The natural gas market took a breath from a record high of 162.125 hit on October 5th after President Vladimir Putin signaled Russia would help Europe to grapple sky-high energy prices by delivering more via Ukraine. Gas prices are up more than 400% so far this year, amid a strong rebound in demand and reduced inventories ahead of the winter season. At the same time, heating demand is expected to increase due to forecasts of below-normal temperatures while wind generation is set to drop.
Oil price 100 is not a joke but reality. Malaysia will fully open the boarder for tourism start 1st December and also simultaneously by other countries.
As oil prices hit multi-year highs, some speculative traders are betting on the options market that oil could exceed $100 a barrel by the end of this year and even reach a record $200 per barrel by the end of 2022.
Call options give traders the right—but not the obligation—to buy assets at a certain price, the so-called strike price, by a certain date.
The amounts of call options at triple-digit strikes have soared in recent weeks, suggesting that more speculative traders are attracted by potential quick profits from options trades, which are relatively low-cost ways to speculate on the direction of an asset.
Some “wild” bets such as call options at a $100 per barrel WTI Crude strike by December 2021 or $200 per barrel Brent Crude by December 2022 have been placed in recent weeks, The Wall Street Journal reports, citing data from provider QuikStrike.
This Armada Meow engine only meow mmeow power , not horse power. Must be installed in Balakong and Battery from Pulau Bintang. No matter how much Brent go up 85/86 cannot move. Perception of huge debt not receive well by more astute investor. Getting out as much as possible , this counter. Others more profitable . Good luck
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....
kmohan62
484 posts
Posted by kmohan62 > 2021-10-16 13:21 | Report Abuse
Positive technical indicators...potential upward trend for next week...a rise of between RM 0.05 and RM 0.10.