I think sharks is cashing out now..thats why even with good pricing and vaccine news, they arent so excited as before anymore..back in July..with merely 43USD they could push to 70c.. but now even with USD50 oil price, we still linger at 60c+..but it's a good time for small buyer to add their position..with 48 to 50+USD oil price. Hibi 4Q should be much better than previous Qtr
Surprised Crude oil stock and reserve is much more than reported figures. But Crude Oil price moving up. Maybe because of vaccines approved news. Be caution if chase high today.
I think it is not yet the GORENG mood for O&G. Many are stuck with the gloves, which do not see much upwards momentum since last month. But the glove fans are still holding on to them praying for the next big time. When more of them dump the gloves to switch counter, then we shall see bigger surge in the O&G.
3% to 5% up in Hibi is considered a healthy growth. Slow but steady.
Most counters down today mainly due to stupid politicians, ops sorry I meant due to politicial uncertainty.. They really loves to messed with us just when global market gainin with positive news sentiments. Im feelin like I wanna curse them with everything right now...
ya onion counter ini memang overly sensitive dengan oil price, yang kedua tak ramai dalam industry respect dr ken, people lebih respect the chairman, any statement in future harus datang dari chairman bukan ken
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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....
Zuliana
5,395 posts
Posted by Zuliana > 2020-12-11 07:10 | Report Abuse
Oohhh oil price spike up like mad !
As at 11.57pm,
Brent at=> $50.87 (+2.01) (+4.11 %)
Nymex at=> $47.56 (+2.04) (+4.48 %)