1 December 2016 ( THURSDAY):
HOHOHO ! IT IS CHRISTMAS MONTH !! Early X-mas present: Oil and Gas counters !
With OPEC’s Deal going through, I can confirm, Our market will recover, and oil and gas stocks will Rally !
“VIENNA (Reuters) - The Organization of the Petroleum Exporting Countries has agreed its first oil output cuts since 2008, an OPEC source told Reuters on Wednesday.
The source said the agreement was in line with an accord reached in Algiers in September. OPEC member Algeria was proposing to set a new production ceiling at 32.5 million barrels per day, down from current levels of 33.6 million.” (Investing.com, 2016)
OF course, many think that u take a stone and throw at any Oil and Gas Counter, it will go up BUT NO ! you have to pick good FA counters too !
My Favourite few Oil and Gas Counters are (in descending order – Most LOVE to Least LOVE):
1. HIBISCS
2.SKPETROL
3.DNEX
4.WASEONG
5.COASTAL
6.DIALOG
7.DESTINI & THHEAVY ( can look see look see) but trade cautiously
8.PERISAI is forever a SAI COMPANY, SAI means SHIT. DON’T EVER TOUCH THIS COMPANY
LET THE MONEY FLOW THIS THURSDAY !
Follow The Bursa Analyst Channel for potential stockpicks and daily update.
https://telegram.me/TBAChannel
aiyoo...when the fuel price rise...firstly the currency have to improve ma... i see so far no effect also? 0.01% also no chg in currency!
after that only...after many months or quarters ..the O&G companies profit will rise slowly assuming the Crude stays up the same way...
long long way to go my friend.
2016-11-30 23:58
It's like one night party, once music stops, light on & go back home, everything go back to where it was before
2016-12-01 08:47
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Oil price was above USD50 last few months, but all counters listed above did not respond, will they respond this time? I strongly doubt it.
2016-11-30 23:52