Not affected by PETRONAS 30% capex cut as "a significant portion of the Group’s orderbook are long term (more than one year) in nature, providing the Group with cash flow stability and earnings visibility".
saya tunggu sampai 0.50 sen baru mau angkat sebab kita orang kecik2 punya investor. Kalau harga jatuh banyak2 nanti wang habis. orang kecik main pun kecik2 saja, lain lah orang kaya cashflow masuk saja macam hujan dieast coast saja. so kena control sikit
According to a report by Oxford Institute for Energy Studies in March 2014, the shale gas production cost in the US may vary from US$2 to US$7 per MMBTU while shale oil production cost is between US$34 and US$91 per barrel.
The current Henry Hub natural gas price is hovering around US$3.50 per Mcf (1 Mcf ~ 1MMBTU), which means that all but four of the shale basins are loss making. Most of the shale gas production costs range about US$3.60 per Mcf to US$6.00 per Mcf while oil production costs are concentrated around the US$50 to US$70 per barrel range. The latter is more expensive than other inland oil fields’ operating cost and the operations are more sensitive to energy prices.
We see the current natural gas price weakness being attributed to the sharp increase in production level and slower than expected usage, which disrupted the demand-supply equilibrium.
We reckon that such pricing level is not sustainable and the shale operators will demand higher gas prices in return for additional CAPEX. This may lead to higher gas prices and subsequently, higher oil prices.
Rich, I agreed with you, so many people are asking us to cut lost, cut lost when price go down by x% (or tolerance level), little do they know we are small investors. If every time price drop also need to cut lost, then die lah.
too late to cut already for those buy very high. If you know you're wrong in first place, always remember to cut as soon as possible. The thoery is to win big and loss small always.
Told u guys oil will crash after Xmas, still don't listen, let me warn again after winter, when oil is in surplus,it will dip further. Now US is re fix the oil price after paris attack by ISIS , if ISIS is not destroy us want the oil to trade at 45, us want Russia economy collapse n reverse damage the china economy. Slowly u will see china distant from Russia n b more friendly with japan n korea. Simple as that,u allied with us, will be the biggest beneficier , do u know which 3 countries are enjoying the low oil price ? Of course us friends of japan,korea n spore lah.
Actually u guys dont know that america is keep on buying on saudi oil.. which benefits both sides. when buying stops they will increase the price and earn. Dont listen and watch opera too much. Is a business strategy.
hi Win1, 1.78 after next Chinese new year 2016 is possible. you can buy in this price now, and accumulate, it might go down further, but pretty close to bottom already. but don't expect a big lead.
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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....
rlch
4,140 posts
Posted by rlch > 2015-01-07 20:51 | Report Abuse
Not affected by PETRONAS 30% capex cut as "a significant portion of the Group’s orderbook are long term (more than one year) in nature, providing the Group with cash flow stability and earnings visibility".