those holding oil n gas stocks, pls relook at your investment.. no kidding. oil drop to a certain extent means almost all oil n gas companies will fold.
usa now is talking abt bailing out oil n gas company, in preparation.
but for bolehland to bail out... u need 1 trillion at least (their combined debt). from where?
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21 comment(s).Last comment by F22Raptor 2014-12-11 00:42
stop looking at their fundamental. it has changed.
use your common sense, sooner or later the fall of oil price will kill almost all oil n gas players. upstream make huge losses, downstream where can find jobs? even can find, upstream no money to pay. who want to do?
would u dare to take contract from xx oil major knowing they may go bankrupt in 2-3 yrs ?
correct. when oil n gas co fold, banks has trillions of bad debt. worst than Greece. so IMF step in. force interest to increase to 15%. GST to increase to 12%
2016 is the year malaysia is the net exporter of maid, fight with filipin. and biggest exporter of labour, fight with indon. biggest exporter of Ziken, fight with Dailand
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Posted by optimuss > 2014-12-11 00:00 | Report Abuse
those holding oil n gas stocks, pls relook at your investment.. no kidding. oil drop to a certain extent means almost all oil n gas companies will fold. usa now is talking abt bailing out oil n gas company, in preparation. but for bolehland to bail out... u need 1 trillion at least (their combined debt). from where?