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2018-12-02 22:17 | Report Abuse
U.S. Oil Production Surge Keeps Pressure on OPEC-Plus to Cut Supply
https://www.bloomberg.com/news/articles/2018-11-30/u-s-oil-production-surge-keeps-pressure-on-opec-to-cut-supply
2018-11-29 22:48 | Report Abuse
LOL. For a while, I was cracking my head to figure out what this 'orange head' meant. I was like, 'Huh?'. And then the light flashed through me.
2018-11-29 22:14 | Report Abuse
Putin says Russia fine with US$60 (Brent) oil. Saudi wants US$80 (Brent) oil to keep Saudi country budget in surplus. So, midway compromise OPEC-Russia price US$70.
Fukk what Trump says.
2018-11-28 15:30 | Report Abuse
Luck tends to prefer to ally with happy positive people. Luck does not like bitter negative people so much.
2018-11-28 15:27 | Report Abuse
That could put some zest into Reach
2018-11-28 15:10 | Report Abuse
Next OPEC Meeting next week. Vienna, 6 December.
2018-11-26 13:01 | Report Abuse
Those who had bought @40 and cut loss @36, they already lost 4 sen. If price goes back up to 38, they are going to lose another 2 sen. So, total effective loss 6 sen.
2018-11-23 15:13 | Report Abuse
Funny indeed. Punishing a company for making what for many other companies, even much bigger ones, would be considered more than decent profit.
2018-11-21 03:11 | Report Abuse
Tee hee. Looks like Donald Trump is going to lose again.
2018-11-20 22:23 | Report Abuse
35 could be coming under threat tomorrow.
2018-11-19 19:52 | Report Abuse
Brent pushing against 67 again. Maybe 68 by Friday.
2018-11-19 03:01 | Report Abuse
Perdana special show coming soon
2018-11-16 21:20 | Report Abuse
That's right, Ziko Ro. Perdana is a beast in the making. You should be erecting one leg in that one, if you have not already.
2018-11-15 23:02 | Report Abuse
Russia is already on OPEC's side. The two are tight allies in oil now. The Russians will not need any convincing.
It is in fact becos of OPEC's strong alliance with Russia that OPEC now dares to stand up to American bullying.
2018-11-15 22:25 | Report Abuse
Would have been playing around the 30s if not for that appalling Trump tweet.
2018-11-15 22:22 | Report Abuse
All exported goods are priced in USD. So export-based companies gain the forex advantage when local currency is low relative to USD.
2018-11-14 16:54 | Report Abuse
If the whole world stops over-reacting to every little piece of spoilt brat Donald's crapping, then we shall all have more peace in our lives.
2018-11-14 16:50 | Report Abuse
Which one is a better price for you to buy something in the mall. Low price or high price. There you go.
2018-11-13 15:05 | Report Abuse
But if it goes higher than that though, I would be the last person on the planet to complain.
:-P
2018-11-13 15:03 | Report Abuse
I am going with DC's 38 dream. That would be good enough for me.
2018-11-13 14:58 | Report Abuse
Donald Trump causing further destruction to US economy. He should be impeached before he causes his own country even greater damage, in addition to also ruining America's good relations with friends & allies.
2018-11-12 12:43 | Report Abuse
Could happen. Nothing in this world is impossible.
2018-11-10 23:20 | Report Abuse
They will. They're going to let Donald know that he does not own the entire planet..
2018-11-09 00:29 | Report Abuse
Looks like someone's got a bit heady from the rise in Reach
2018-11-08 01:40 | Report Abuse
I don't believe that Trump now has the same power to exert as much pressure on OPEC-Russia as before. His wings have suddenly been clipped.
2018-11-07 14:45 | Report Abuse
Not necessarily. Perhaps he is just speaking his mind about something he strongly believes in. Could even be that he is not even playing Gamuda.
2018-11-07 10:27 | Report Abuse
SapNrg play too unpredictable & too risky. Reach much safer & therefore much better.
2018-11-02 17:13 | Report Abuse
Well, still, at least they help bring up the overall volume.
2018-11-02 15:50 | Report Abuse
Oil slide only temporary. Brent will come back.
2018-11-02 15:02 | Report Abuse
Ha ha. That Fly Baby song is back on air again.
2018-11-02 12:45 | Report Abuse
I like it when Urgent comes up. Gvs me a good excuse to get up & rock & dance.
2018-11-01 12:08 | Report Abuse
All you need to do is study hard, choose a good stock with big upside & small downside, then go in at the right time.
With 1 mil units, whether Reach, or Carimin, or Perdana, or even Reach WA, 1 sen rise = RM10k profit, 10 sen rise = RM100k profit. Sometimes, you hit lucky, and you get that in just one month of play or less.
Carimin & Perdana were only about 23 in early September, and they both went up to 35 - 36 about a month or so ago.
You cannot get this kind of return with property investment, although property is much, much lower risk & therefore much much safer.
2018-11-01 11:55 | Report Abuse
How is holding 1 mil units so called 'my ass', Jeffrey Ng. At 40, it would hv come to only RM400k. Not such a vast sum of capital. Many are playing at that level, even higher.
And if you had bought in August, or even early September, it was only 33 sen, so cost would hv been only RM330k.
2018-10-31 07:35 | Report Abuse
Could be that Dow Jones is beginning to press the brakes on its downslide. Who knows.
2018-10-30 01:00 | Report Abuse
Another possible consequence of Kashoggi incident. This one rarely cited, so far. Saudi people at large could begin feeling angry toward Saudi monarchy. Beginning with Kashoggi's immediate family.
Resentment could spread nationwide. Potentially quite dangerous, politically. Becos can rather easily flare up into people's uprising or rebellion. All it takes is one or two fiery orators to stoke things & emotions up, and one or two further minor incidents.
One way for Saudi govmt to counter this, make oil price rise, so Saudi govmt obtain more revenue to share with the rakyat, thereby making them forget about Kashoggi.
2018-10-29 15:21 | Report Abuse
Oil price still good. No reason for nervousness-driven selling at 37.5 sen. Other than temporary anxieties regarding budget, Gamuda, new taxes etc. Then after anxieties subside, panic buying back @40 later. This is not prudent investing.
A good investor needs to be in control of his fears, not let his fears be in control of him.
2018-10-27 00:16 | Report Abuse
After all, we're all fit, strong, robust & healthy Reach warriors, right?
2018-10-27 00:14 | Report Abuse
Weekend. No worries about needing to wake up early tomorrow. Can go clubbing all night. Chase all the best looking skirts. Heh heh heh.
2018-10-26 16:51 | Report Abuse
Stanley Thay's sister in law was investigated for & charged with insider trading, along with him. Don't know what happened eventually to her.
2018-10-26 05:34 | Report Abuse
DJ final score: UP 401.13 points (1.63%)
Dow stages 400-point comeback; S&P snaps six-day losing streak
https://www.marketwatch.com/story/dow-futures-poised-for-modest-comeback-after-stock-market-rout-rattles-wall-street-2018-10-25
Stock: [REACH]: REACH ENERGY BHD
2018-12-02 22:31 | Report Abuse
Bloomberg - Markets
Putin Says Russia, Saudi Arabia Will Extend OPEC+ (i.e. OPEC & Non-OPEC producers) Oil Pact
Ilya Arkhipov, Javier Blas and Nayla Razzouk
2 December 2018, 04:54 GMT+8 Updated on 2 December 2018, 21:45 GMT+8
https://www.bloomberg.com/news/articles/2018-12-01/putin-says-russia-and-saudi-arabia-to-extend-opec-oil-pact
There you go, guys. You're all going to regret panic selling at 31.5 on Friday. Regret big time.