Dynamic Price Threshold Upliftment - SEEHUP( 7053 ) Kindly be informed that Dynamic Price Threshold mechanism on stock SEEHUP( 7053 ) will be uplifted from 11:46 AM until 11:56 AM. During this period, orders can be matched within 30%/30 sen up and down of the Reference Price. The Reference Price is RM 1.12 and the upper and lower limit is RM 1.45 and RM 0.785 respectively.
opec already warning...it look like my friend information is correct. my friend told me mostly next month onward will see the impact as more and more country is open up.. if china able to manage their covid situation... oil price will keep increase !
Interesting that oil prices are heading back up. And it looks like will average we'll over US$100 for March. Will be interesting to see when hibiscus transact in March.. For Sabah fields they have an uplfut every 3 weeks or so at 300000 barrels a time.. So if they did uplift around March 10 that could have been at US$130+ a barrel.. They also command a US$5 premium in price over market because of the quality of Malaysian Crude.. Something also to be aware of. Looking at Q1 looks like they may average out at around $95 to $100 a barrel as production increased 3 fold with repsol kicking in 24 Jan when Brent was already knocking on $90 a barrel.
US market different story. US people questioning their government why not get oil from their own land aka start their own oil drilling. but the start up cost is high, and government likely will support the project
hoot9e996, by the time the project got approved, research + drilling + gathering + filtering + transport, by then most likely automobile will be replaced by electrical, who still need oil. But at the moment, definitely there is a shortage if sanctions to Russia is not lifted.
shortage or not i not sure.. the major issues at oil industry is lack of investment... if you notice only oil production company will be benefit and those maintenance and support contract company is not moving.. is because the cake size is that big.. who get the right price who will win...Hibicuss you can check they management team and those team leader profile and history you will notice most of them at oil industry more than 10 years.. they have go thru the cycle... the transition on the new energy won't be so smooth as the raw material is increase... current the war between russia and ukrian is unexpected it will happen...cause normally ppl just talk only won't action but this putin crazy person really talk and attack..
Physical oil trading is a complex business that involves multiple layers of transactions and counterparties. So even where Russian crude is still technically legal to trade, the sanctions package in many cases has gummed up the inner-workings of the trade to the point of killing the market.
must got sellers then only can buy. what happens when no seller only buyer.... ROCKET bro.... eyes on supermx, for now that company share buyback really strong everyday buying back.... just waiting for 1 day those sellers dont have any tickets to sell anymore
look at those counters with no seller... suddenly 1 big buaya come in buy all share price shoot up kao kao, then bilis starts chasing
peace talks sure is weird, earlier says he admits he cant join NATO, then go ask NATO to do more..... cant wait for putin just PUT zelensky in place.... guy having mood swing everyday.
Boris Johnson has also gone home from Saudi with his tail between his legs.. Which also means UK will now fastrack ramping oil production in the north Sea.. And hibiscus just happens to have 43 million barrels with Marigold.. Which is now worth a huge amount more.. I also think they'll be another supply crunch. Buffet doesn't by Oil unless he knows what's coming ;)
With covid cases rising steeply in china which is still using lockdowns to contain the spread, we may have a dampener on demand in the following weeks and months. There may be a correction and stabilization in the $70 - $80 range before rebounding from mid year onwards to $100 and beyond. Not to mention China and India are buying oil at a big discount from Russia which will also affect the broader market. Lots of uncertainty over the next few months. But definitely looks brighter over the longer term. I will hold and just let whatever happen to happen. No use trying to time this market. Too difficult. I don't need the headache.
Yup, crude should stabilize between USD70-USD80 range. Initially surge was based on Russia turning off the tap. Well, now we know Russia can't afford that as it's is their only source of major revenue currently due to massive global ban in many sectors. If Russia's 7mil barrel per day only goes to China,India and EU, it would free up between 2-3 mil barrels (taken into account US had banned crude imports from Russia) for other main sources eg: Saudi,Canada,etc for other countries.
Just to share the oil production is base on the average price per month.. For January to March the average price is around 96USD.. so how much will hibicus will earn without new production on board ? and how much will hibiscuss earn extra profit after new production? https://www.investing.com/commodities/brent-oil-historical-data according to my friend the ordering process cycle is about 3 months, it mean country will buy 3 months oil in advance... forecast from my friend base on the volume and cycle.. the oil price for coming month still around 85 to 90 provider the peacetalk is happen, if by july onward the tension getting high and the sanction no lift up.. august onward the oil and gas price will shoot.. because euro country prepare winter time....i do ask will the oil price back to 60 below... he told me unlikely because most of the country don't want get involve this issues because very dangerous and create the situation getting worst
New Lockdowns In China Could Derail Oil Demand Growth
“More widespread lockdowns will weigh on mobility in the coming weeks,” according to an Energy Aspects note this week cited by Bloomberg. Energy Aspects reduced its oil demand estimate for China by 170,000 barrels per day (bpd) for the first quarter and by 130,000 bpd for the second quarter.
High Jet Fuel Prices Can’t Curb Consumers’ Insatiable Demand To Fly
Delta Air Lines CEO Ed Bastian chimed in with, "We've not seen a stronger demand ... in my career."
In February 2022, U.S. domestic flight bookings returned to pre-COVID levels, the Adobe Digital Economy Index showed on Tuesday. Actual bookings were up by 4 percent over 2019 levels, while revenue was 6 percent higher, due to inflation in ticket prices, according to the analysis.
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Stayhomemum
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Posted by Stayhomemum > 2022-03-16 10:42 | Report Abuse
whenever you reach the time you wanna cash out so badly, emotions all kicking in and you sold it, most likely you will regret it