Author Topic: Oil drop again  (Read 153885 times)

Offline king

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Oil drop again
« on: January 02, 2015, 09:06:41 PM »

Oil
Drop
Again

Offline king

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Re: Oil drop again
« Reply #1 on: January 02, 2015, 09:07:33 PM »
Oil
Drop
Again

Might
Hit
New Low today.

Offline king

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Re: Oil drop again
« Reply #2 on: January 02, 2015, 09:10:00 PM »

Wti
52.4
New Low now.

Offline ahbah

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Re: Oil drop again
« Reply #3 on: January 02, 2015, 09:22:18 PM »
MOSCOW/LONDON/BAGHDAD (Jan 2): Oil supplies in Iraq and Russia surged to the highest level in decades, signaling no respite in early

2015 from the glut that has pushed crude prices to their lowest in five years.

Offline DR KIM

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OIL NOW further CHEAP_ING & BEG_ING !!
« Reply #4 on: January 02, 2015, 09:58:07 PM »
MOSCOW/LONDON/BAGHDAD (Jan 2): Oil supplies in Iraq and Russia surged to the highest level in decades, signaling no respite in early

2015 from the glut that has pushed crude prices to their lowest in five years.

NOW  CHEAP_ING &  BEG_ING  (  new vocab - any english teacher here  :giggle: :giggle: :giggle: )

SPAC   IPOs ?......from  :cash: :cash: :cash:  , NOW  BEG_GING  !

that  Sahool  of  REACH  now  :headbang: :headbang: :giggle: :giggle:

that  Hadian the Kampoong Boy  of SONA  >>  now  :headbang: :headbang:

Offline king

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Re: Oil drop again
« Reply #5 on: January 02, 2015, 09:58:44 PM »
14 yrs super bull cycle of commodities has ended.

Next could b prolonged bear cycle of 6 to 10 yrs.

小  心  为  妙!!!!

Offline zigzag

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Re: Oil drop again
« Reply #6 on: January 02, 2015, 10:00:35 PM »
14 yrs super bull cycle of commodities has ended.

Next could b prolonged bear cycle of 6 to 10 yrs.

小  心  为  妙!!!!

6 years? Malaysia can tahan that long or not? If not, will go bankrupt
When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

It is dangerous to have a naive mindset, it may cause serious faults in decision making.

Offline king

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Re: Oil drop again
« Reply #7 on: January 02, 2015, 10:05:12 PM »
6 years? Malaysia can tahan that long or not? If not, will go bankrupt

Not

Impossible.

Offline DR KIM

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OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #8 on: January 02, 2015, 10:06:07 PM »
14 yrs super bull cycle of commodities has ended.

Next could b prolonged bear cycle of 6 to 10 yrs.

小  心  为  妙!!!!

those OIL  counters   now  become BEG_GAR  STOCKS  ! ;) :D :D :D

many greedy  on this OIL - BEGGAR  STOCK  now  trap liao - no way out ! :S :phew: :phew:

Offline zigzag

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Re: Oil drop again
« Reply #9 on: January 02, 2015, 10:07:05 PM »
14 yrs super bull cycle of commodities has ended.

Next could b prolonged bear cycle of 6 to 10 yrs.

小  心  为  妙!!!!

you said PETRONAS's cost of production is USD 30-50 per barrel

if Oil Price remains so slow, PETRONAS barely make any profit
Plus Malaysia's debt is very high

I am afraid Malaysia cannot stand that long...
When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

It is dangerous to have a naive mindset, it may cause serious faults in decision making.

Offline king

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Re: Oil drop again
« Reply #10 on: January 02, 2015, 10:09:04 PM »

Many broking houses still put

Skpetrol as stock top pick for 2015.

Insya alah.

Offline king

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Re: Oil drop again
« Reply #11 on: January 02, 2015, 10:11:09 PM »
you said PETRONAS's cost of production is USD 30-50 per barrel

if Oil Price remains so slow, PETRONAS barely make any profit
Plus Malaysia's debt is very high

I am afraid Malaysia cannot stand that long...

We might collapse b4
Russia if oil below 60
Drag for few yrs.

Offline DR KIM

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #12 on: January 02, 2015, 10:11:39 PM »
those OIL  counters   now  become BEG_GAR  STOCKS  ! ;) :D :D :D

many greedy  on this OIL - BEGGAR  STOCK  now  trap liao - no way out ! :S :phew: :phew:

the  malaysian bolehland in denial forever .....! :D :D :D

But  that grandpa  the Tun M  shouts  ( in his blog )  that Malaysia in LIMBO  sincse the budget 2015  ,  the government  revenue based on the  OIL  at USD 105  

see  now  OIL  has PLUNGE  by  > 50 %  to USD 51  ,,, like it  or  not  its  :headbang: :headbang:

Offline king

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Re: Oil drop again
« Reply #13 on: January 02, 2015, 10:13:16 PM »

Wti,  52.23
Brent,  55.68
Both new low.

Offline zigzag

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #14 on: January 02, 2015, 10:18:25 PM »
the  malaysian bolehland in denial forever .....! :D :D :D

But  that grandpa  the Tun M  shouts  ( in his blog )  that Malaysia in LIMBO  sincse the budget 2015  ,  the government  revenue based on the  OIL  at USD 105  

see  now  OIL  has PLUNGE  by  > 50 %  to USD 51  ,,, like it  or  not  its  :headbang: :headbang:

Ask that grandpa to Chia Saai  :D
When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

It is dangerous to have a naive mindset, it may cause serious faults in decision making.

Offline DR KIM

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OIL stocks NOW BEG_GAR counters liao.....
« Reply #15 on: January 02, 2015, 10:20:00 PM »
Wti,  52.23
Brent,  55.68
Both new low.

Petronas contribute  40 - 45 % to the Government  annual revenue
in the 2015  budget , this revenue was based on  OIL  at USD 105  !

so  this Tun M was overly worried now  ( read his blog )..... :S :S :S  hoping this Tun is doing well advicing the govt....
...sometime has to ' WHIP ' the Jibby administration...like a dad whip his son  ;) :D :D

Offline zigzag

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #16 on: January 02, 2015, 10:20:27 PM »
the  malaysian bolehland in denial forever .....! :D :D :D

But  that grandpa  the Tun M  shouts  ( in his blog )  that Malaysia in LIMBO  sincse the budget 2015  ,  the government  revenue based on the  OIL  at USD 105  

see  now  OIL  has PLUNGE  by  > 50 %  to USD 51  ,,, like it  or  not  its  :headbang: :headbang:

I am wondering if the rakyat can launch a COLLECTIVE lawsuit to SUE those ex-PM who failed to develop the country APPROPRIATELY when they were in power  :wonder:
When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

It is dangerous to have a naive mindset, it may cause serious faults in decision making.

Offline jojo

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Re: Oil drop again
« Reply #17 on: January 02, 2015, 10:24:04 PM »
That ole man also worried ...his spektro son business is in jeopardy.......

Offline king

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Re: Oil drop again
« Reply #18 on: January 02, 2015, 10:26:13 PM »
That ole man also worried ...his spektro son business is in jeopardy.......

U r wrong.

His son sold off a big block at 4.5 in sept 2014.

Offline king

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Re: Oil drop again
« Reply #19 on: January 02, 2015, 10:27:55 PM »
U r wrong.

His son sold off a big block at 4.5 in sept 2014.

He must have some insider infor.

Offline DR KIM

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #20 on: January 02, 2015, 10:34:53 PM »
I am wondering if the rakyat can launch a COLLECTIVE lawsuit to SUE those ex-PM who failed to develop the country APPROPRIATELY when they were in power  :wonder:

can't  dude....he did well ( farther of  modernisation ) ,

under badawee  :phew: :phew:

& now  under jibby - roast  administration  >>  :headbang: :headbang:...

###  the plane just landed in Bangkok on the way home  from hawaii - LA - Indianapolis - NY...Lond- prgghhhhh

see how  haaaaa...JOLLYINGGGg  ;) ;) :giggle: :giggle: :giggle:

Offline ckhkbursa

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Re: Oil drop again
« Reply #21 on: January 02, 2015, 10:36:57 PM »
 :( :( :(

Offline DR KIM

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #22 on: January 02, 2015, 10:42:54 PM »
can't  dude....he did well ( farther of  modernisation ) ,

under badawee  :phew: :phew:

& now  under jibby - roast  administration  >>  :headbang: :headbang:...

###  the plane just landed in Bangkok on the way home  from hawaii - LA - Indianapolis - NY...Lond- prgghhhhh

see how  haaaaa...JOLLYINGGGg  ;) ;) :giggle: :giggle: :giggle:

Indon >>  net importer  ( no sweat infact  enjoying  now.... :) :) )

Malaysia >> net  exporter  (  :speechless: :speechless: :S :S  )

Saudi & many Arab nation  ( even US  - Texas , Idaho  , Montana...) >> drill oil  on  desert @ land  -  very cheap cost , even OIL  at  USD 9  , can survive.... :speechless: :speechless:

Malaysian OIL  -  deep sea  -  very costly  - ARGGHHHHHHHHH :headbang: :headbang:  :sweat: :sweat:

Offline DR KIM

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #23 on: January 02, 2015, 10:46:21 PM »
Indon >>  net importer  ( no sweat infact  enjoying  now.... :) :) )

Malaysia >> net  exporter  (  :speechless: :speechless: :S :S  )

Saudi & many Arab nation  ( even US  - Texas , Idaho  , Montana...) >> drill oil  on  desert @ land  -  very cheap cost , even OIL  at  USD 9  , can survive.... :speechless: :speechless:

Malaysian OIL  -  deep sea  -  very costly  - ARGGHHHHHHHHH :headbang: :headbang:  :sweat: :sweat:

many got  JACKPOT  from the  SPACs >> SONA  +  REach  ....but  those still  hold  it  now  DEAD RAT... :S :( :(

Offline zigzag

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #24 on: January 02, 2015, 10:50:07 PM »
can't  dude....he did well ( farther of  modernisation ) ,

under badawee  :phew: :phew:

& now  under jibby - roast  administration  >>  :headbang: :headbang:...

###  the plane just landed in Bangkok on the way home  from hawaii - LA - Indianapolis - NY...Lond- prgghhhhh

see how  haaaaa...JOLLYINGGGg  ;) ;) :giggle: :giggle: :giggle:

But experts said Grandpa M missed the best opportunity in the 1990s to diversify Malaysia's economy so that we don't have to depend so much on revenues from Crude Oil, Palm Oil and rubber.

Grandpa M also failed to develop our manufacturing sector in the 1990s, a lot of factories have gone bankrupt in the last 20 years bcos cannot compete with China's cost efficiency. 

Thirdly, Grandpa M squander too much money on white elephant Mega projects in the 90s. He should have built MTR networks in Klang Valley when Malaysia was booming and could afford it before 1997 crisis. Now KL does not have much land, costs of MRT construction is many times more expensive than 20 years ago, and Malaysia's debt level is too high and hence cannot afford it. Grandpa M missed the best chance to build a good public transportation infrastructure in KL.

It's all that Grandpa's faulttttttttttttttttttttttttttttttttttt tttttttttttttttttt

Why cant we sue him ?  :'( :'(

 
 
When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

It is dangerous to have a naive mindset, it may cause serious faults in decision making.

Offline ikan besar

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Re: Oil drop again
« Reply #25 on: January 02, 2015, 11:26:26 PM »
That ole man also worried ...his spektro son business is in jeopardy.......

no problem , if nobody drink beer

lagi big problem

 :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D
I heard dr kimmy lost alot of monies

Offline soulzerowen

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Re: Oil drop again
« Reply #26 on: January 02, 2015, 11:27:31 PM »
oil 52 nothing also, normal already, below 50 only interest

Offline ikan besar

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Re: Oil drop again
« Reply #27 on: January 02, 2015, 11:28:18 PM »
oil 52 nothing also, normal already, below 50 only interest

below  20  only game started


 :D :D :D :D :D :D :D :D :D :D :D :D
I heard dr kimmy lost alot of monies

Offline kittima

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Re: Oil drop again
« Reply #28 on: January 02, 2015, 11:32:01 PM »
RON95 RM1.20 during CNY  :P

Offline king

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Re: Oil drop again
« Reply #29 on: January 03, 2015, 05:36:54 AM »

Close

Wti    52.55

Brent  56.30

Offline DR KIM

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #30 on: January 03, 2015, 07:24:46 AM »
many got  JACKPOT  from the  SPACs >> SONA  +  REach  ....but  those still  hold  it  now  DEAD RAT... :S :( :(


AS  OIL  further  PLUNGE  >>  this OIL  STOCK  now BEGGAR  STOCKS  >> dead  rat  !

PETRONAS  >>  :sweat: :sweat: :phew:

Malaysia Revenue >>  40 % from Petronas  :headbang: :headbang: :( :(

STOCK  MARKET   ;) :( :( :sweat: :'( :phew: :headbang: :headbang:

Offline kyosan

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #31 on: January 03, 2015, 07:32:43 AM »
But experts said Grandpa M missed the best opportunity in the 1990s to diversify Malaysia's economy so that we don't have to depend so much on revenues from Crude Oil, Palm Oil and rubber.

Grandpa M also failed to develop our manufacturing sector in the 1990s, a lot of factories have gone bankrupt in the last 20 years bcos cannot compete with China's cost efficiency. 

Thirdly, Grandpa M squander too much money on white elephant Mega projects in the 90s. He should have built MTR networks in Klang Valley when Malaysia was booming and could afford it before 1997 crisis. Now KL does not have much land, costs of MRT construction is many times more expensive than 20 years ago, and Malaysia's debt level is too high and hence cannot afford it. Grandpa M missed the best chance to build a good public transportation infrastructure in KL.

It's all that Grandpa's faulttttttttttttttttttttttttttttttttttt tttttttttttttttttt

Why cant we sue him ?  :'( :'(

 
 

Find the answer first..whyy?whyyy?

Offline DR KIM

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Re: OIL NOW further CHEAP_ING >> MANY TRAP in this BEG_GAR STOCKS !!
« Reply #32 on: January 03, 2015, 07:58:48 AM »
Find the answer first..whyy?whyyy?

Sue   the Grand_pa  ?  NO  WAY  , dude  !

even the 9  sultans afraid of him....JIBBY  ?  Roast ?....cehhhhhh ! ;) ;) ;) :D :D

## there is  great likelihood , the reverse to happen as weakening & DOOMINGG   of  Malaysian Economy
where as  regional  cambodia , burma ,,,now faster moving forward but the bolehland is getting worse and  BACKWARD_ING  ( Ex- Premier Hopeful  Ku Lee  latest comment  ;) ;) ;) ;)) !

the reverse to happen  , foreign labours go home ....many Malaysians to go to Indon , Vietnam , Thailand  BEGGING  for  JOBS  :giggle: :giggle: :giggle:

## that Grand_Pa  Vs Ku Lee  in 1987 UMNO AGM , this Ku Lee lost by merely 52 Votes  ;) ;) ;)

Offline king

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Re: Oil drop again
« Reply #33 on: January 03, 2015, 08:00:09 AM »


成      敗

也      也

石      石

油      油

Offline king

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Re: Oil drop again
« Reply #34 on: January 03, 2015, 08:08:14 AM »

Mahsuri curse to last 7 lifetimes,

Mongolian curse would last till.....

Offline DR KIM

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Re: Oil drop again.....ARRRGGHHHHHHHHHHHHHH !
« Reply #35 on: January 03, 2015, 08:45:00 AM »
Mahsuri curse to last 7 lifetimes,

Mongolian curse would last till.....

that mahsuri ( LGK ) edi expired when that lady  ( phuket sweet ) found around 10 years ago.....she grad from that IIUM  and now ?...

this altantuya curse   ( C4 ) >> endless as long as that grand_pa party,,, :D :D :D

with FD@ Fixed Deposit   in Backward Borneo + the Malayan Olang Kampoong >> 100  more years... :giggle: :giggle: :giggle:

Offline eye-hub

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Re: Oil drop again
« Reply #36 on: January 03, 2015, 09:02:42 AM »

++U.S.dollar high

Thus increased the debt level

Hence reducing the ability to pay debts





you said PETRONAS's cost of production is USD 30-50 per barrel

if Oil Price remains so slow, PETRONAS barely make any profit
Plus Malaysia's debt is very high

I am afraid Malaysia cannot stand that long...
"Price is the most important factor to use in relation to value."  - Walter Schloss

Offline king

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Re: Oil drop again
« Reply #37 on: January 03, 2015, 09:10:24 AM »


Local banks total loan exposure to o & g sector estimated to b RM30billion.

GLC  total USD debt estimated to b US$40billion.

Offline king

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Re: Oil drop again
« Reply #38 on: January 03, 2015, 10:11:05 AM »


USD
In
Super Bull Cycle

Offline king

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Re: Oil drop again
« Reply #39 on: January 03, 2015, 10:17:29 AM »

USD
In
Super Bull Cycle

If yen fail to hold at 120,
It might plunge to 145
Like in Aug 1998.

Offline king

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Re: Oil drop again
« Reply #40 on: January 03, 2015, 10:18:54 AM »
If yen fail to hold at 120,
It might plunge to 145
Like in Aug 1998.

How
Low
Wld
RM
Be ??

Offline kittima

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Re: Oil drop again
« Reply #41 on: January 03, 2015, 10:22:23 AM »
How
Low
Wld
RM
Be ??


The BNM will do monetary control again when reach 3.80, so will be fix at that level.

Offline ahbah

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Re: Oil drop again
« Reply #42 on: January 03, 2015, 10:27:21 AM »
The BNM will do monetary control again when reach 3.80, so will be fix at that level.

Then, what will happen to our stock market ?

Offline king

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Re: Oil drop again
« Reply #43 on: January 03, 2015, 10:31:36 AM »


Sticky
N
Tricky
Situation
Ahead

Offline king

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Re: Oil drop again
« Reply #44 on: January 03, 2015, 10:36:32 AM »

石      经
油      济
石      股
油      市
滑      往
溜      下
溜      游 




Offline DR KIM

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Re: Oil drop again >> ARGGHHHHHHHHHHHHHHH !
« Reply #45 on: January 03, 2015, 10:52:25 AM »
Then, what will happen to our stock market ?

The BNM will do monetary control again when reach 3.80, so will be fix at that level.

the  stock market  ?.....DULL  liao..... ;) ;) ;) ;) :D :D :D :D

##  Grand_pa  ( 90 ) now  monitoring closely , 

can't  rule out  that grandpa still able  to  do 'COUP ' :giggle: :giggle: :giggle:   :D :D :D  if  necessary   !!

Offline king

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Re: Oil drop again >> ARGGHHHHHHHHHHHHHHH !
« Reply #46 on: January 03, 2015, 10:59:08 AM »
the  stock market  ?.....DULL  liao..... ;) ;) ;) ;) :D :D :D :D

##  Grand_pa  ( 90 ) now  monitoring closely , 

can't  rule out  that grandpa still able  to  do 'COUP ' :giggle: :giggle: :giggle:   :D :D :D  if  necessary   !!

A. Kadir Jasin to umno n bn,

Choose between

Putrajaya n Najib !!!!

Offline DR KIM

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Re: Oil drop again >> ARGGHHHHHHHHHHHHHHH !
« Reply #47 on: January 03, 2015, 11:02:49 AM »
A. Kadir Jasin to umno n bn,

Choose between

Putrajaya n Najib !!!!

Team  C  >>   Grandpa(90)  + Kadior J + Mydeen ( Zam) + Kojack  ( state CEO )   :thumbsup: :handshake: :clap: :clap:

Team D  >> Malaysian Jokowee +.....???  :D :D :D :D ;)

Offline chikochiko

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Re: Oil drop again
« Reply #48 on: January 03, 2015, 11:46:22 AM »
crude oil plunged below $53 per barrel briefly on Friday, marking a new five-and-a-half-year low as traders bet that the global oversupply of oil will continue deep into 2015.

The benchmark has fallen more than 50pc since June and is on track for its worst year since 2008, while oil traded in the US is now poised to crash through the $50 per barrel level.

 :( :( :( :( :(

Offline eye-hub

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Re: Oil drop again
« Reply #49 on: January 03, 2015, 03:58:57 PM »
U r wrong.

His son sold off a big block at 4.5 in sept 2014.


spektro???


No worry....no worry


EPF on buying mode now ...heavy buy on o&g sector :)
"Price is the most important factor to use in relation to value."  - Walter Schloss