Posted by Mabel > 19 hours ago | Report Abuse

Thanks for sharing SinGor!

EU cannot produce economical EV car yet tries to Ban China EV. India, Africa and South America have about 2.8 Bil population. They cannot switch over to EV without financial support from Rich countries ( both EU and US spend 1.3 Trillion in Ukraine war + more $billion to support Israel in Middle East). Hence they need more taxes for Gov machinery to function, donation to poor countries. Furthermore USA 35 Trillion Debt. Hence despite metreoric rise in EV adoption, Fossil is here is here to stay.

Indonesia has asked ExxonMobil to raise its crude oil production from 125,000 barrels per day (bpd) to 150,000 bpd by 2026. The The Cepu Block, Exxon’s flagship project in East Java, currently contributes around 144,000 bpd to Indonesia’s total oil production of 577,000 bpd. Increasing production is expected to help reduce Indonesia’s budget deficit and dependence on oil imports. Partnership and Development: ExxonMobil, in partnership with PT Pertamina EP Cepu and local government companies, signed the Production Sharing Contract for the Cepu Block in 2005.

Generally, the break-even price is the minimum price per barrel at which oil producers can cover their costs and make a profit.

For example, in the U.S., the break-even price for new wells in the Permian Basin is around $62 per barrel, while existing wells can break even at about $38 per barrel. Globally, many new oil projects can break even below $50 per barrel. Brent is retailing at $71 per barrel. Hence it is still profitable business with 30% Margin.

Posted by epal22 > 18 hours ago | Report Abuse

Shark will wash ikan billis. Ikan billis cannot survive.

Posted by epal22 > 18 hours ago | Report Abuse

Some ikan billis already sold off the tickets. Only real shareholders stand a chance. You buy share you own a company. If company good then you good.

Posted by epal22 > 18 hours ago | Report Abuse

Shark can wash a few years, ikan billis will not survive.

Posted by epal22 > 18 hours ago | Report Abuse

Epal is shareholder, sharing the honour and defeat, epal do not ask when the price will go up. It probably will, when most ikan kena washed already.

Posted by epal22 > 18 hours ago | Report Abuse

During the silent previous many months, many ikan billis had been washed.

Posted by epal22 > 18 hours ago | Report Abuse

Ikan billis see no hope and give up with loses. Only the real shareholder owner has a chance.

Posted by epal22 > 18 hours ago | Report Abuse

This is the fate of this sea, majority of ikan billis will lose and minority can gain profit. There is saying that out of 10, 8 will lose 1 will draw and 1 will win.

Posted by intansri > 18 hours ago | Report Abuse

The announcement to replace company secretary and removed old one is a good sign to the company future in term of share price performance

Posted by Mabel > 16 hours ago | Report Abuse

intansri The announcement to replace company secretary and removed old one is a good sign to the company future in term of share price performance
01/10/2024 9:13 PM

Can you elaborate on this sir?

In what way?

Posted by Mabel > 16 hours ago | Report Abuse

#epal22 Epal is shareholder, sharing the honour and defeat, epal do not ask when the price will go up. It probably will, when most ikan kena washed already.
01/10/2024 8:51 PM

Well done epal22!

Time travel fast when you are having fun. Q4 has begun..

Stocks closed higher to start the week and end the month, with all major indexes in the green for September at Wall Street.

Monthly gains: Dow up 1.85%, S&P 500 up 2.02%, Nasdaq up 2.68%, Russell 2000 up 0.56%, S&P 400 up 0.98%.

Q4 outlook: Historically the best quarter for stocks, with the S&P 500 typically increasing by over 4% and being up 80% of the time since 1950. Inflation continues to ease, and the focus shifts to the upcoming Employment Situation report.

Fed Chair Jerome Powell’s comments: Indicated two more rate cuts this year, totaling 50 basis points, which is consistent with previous statements. Stocks initially sold off but quickly recovered, viewing Powell’s comments as bullish. Chicago PMI and Dallas Fed Manufacturing Survey showed mixed results indicating a soft landing and no recession.

Malaysian KLCI was the best performing index this year until the Dragon wakes up last week in China with a strong Bazooka. Now the Chinese Index in Hong Kong and Mainland China has overtaken KLCI.

Fortunately KLCI valuation is still 14X against historical high at 16X to 18X. when KLCI was at the peak in 2018. Our economy is improving, Relative Stable Politics, Better expectation of corporate earnings in 2H, Foreign Investors positioning is still light.

There’s optimism for a strong finish to the year and let's hope for the Best !

Meow

Posted by Dav Yau > 5 hours ago | Report Abuse

Mana cari....still holding on @ 0.04....index already drop to 12.40

Posted by Dav Yau > 3 hours ago | Report Abuse

@ 11.27am...drop 15 points....still holding on @ 0.04
Mana Cari....

Posted by Dav Yau > 3 hours ago | Report Abuse

Lol......

Posted by TalkNumberOne > 1 hour ago | Report Abuse

😂😂😂 my only ask is OKU and gang when is 0.01 coming? Don’t try to whitewash and say buy now got a chance not 2 years earlier. You just answer when is 0.02 coming?

Posted by TalkNumberOne > 1 hour ago | Report Abuse

I give you discount 0.02 cukup. No need to deliver 0.01 as you promise. Because all of us know you are an underachiever in everything😂😂😂