New York: Oil prices reached fresh multi-year highs on Friday, closing out a third straight week of gains on an improve outlook for worldwide demand as Covid-19 vaccination rate help lift pandemic curbs. Brent crude futures settled at US$72.69 a barrel, rising 17 cents after reaching their highest since May 2019. For the week Brent was up 1%
Calling external auditors of loss making penny stocks
External auditors have a big role to play to ensure companies do not cheat shareholders by hiding potential red flags from the audit report.
If Serbadk can sue KPMG for trying to raise potential red flags then shareholders must also be able to sue auditors for trying to hide potential red flags.
KUALA LUMPUR (July 6): PublicInvest Research has maintained its “overweight” call on the oil and gas sector on the expectation that oil prices could jump to US$80 per barrel, given the rising global oil demand and supply which bode well for oil prices. Over the last 12 months, oil prices rose by over 70% — from around US$40 per barrel in mid-June 2020 to more than US$70 per barrel — due to optimism over the easing of Covid-19 restrictions for some of the world’s largest economies, it said.....
Yes, backdoor PM will resign on Monday ! So, the new government will bring new hope and new confident to all the local & foreign investors enter into our market !
So, I think started from tommorrow, KLSE will have a big uptrend toward 1,800 to 2,000 pts !
ICON tommorrow will spike to above 0.12 and T.p by end of Aug 2021=> break above 0.20 T.p by end of Dec 2021=> break above 0.50 T.p by end of Mar 2022=> break above RM1.00 T.p by end of Jun 2022=> break above RM2.00
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Hidup_PN
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Posted by Hidup_PN > 2021-06-01 17:01 | Report Abuse
Brent USD 70.79+more contract won good news?