Better panic buy mai cow kai

Now Hibiscus has TA has FA kikiki

First of all hv not 100% recovered d loss due to tat stupid DNex missed offtake yet

Go go go

Jz 3% jz starting other O&G 20% 30% gain liao

Kikiki don't b left out

All O&G moving now

Oh yeah China gone into dark side of d moon despite Hawking saying don't

Tat very very bullish on O&G in 2019 OTB has real life investment in Hibiscus

So Carimin cannot do well if Hibiscus is not doing well

Carimin provides services to oil major like Hibiscus

At d moment


Carimin has TA no FA

Habiscus no TA has FA

Carimin high price won't survive end FEB

Hibiscus low price won't survive end FEB


Plan accordingly

D way Dow is dropping does Trump stil think trade war is good trade war is easy to win?

OPEC+ too is having an upperhand on Trump now

Is it so? Wat is d intangible?


- intangible write off to justify lower value with lower crude oil 
???

No more lo d 2019 only kikiki

Played out Saudi shifted gear into sailang mode now


Take position now 

Once Saudi stopped selling to US those EIA figures wil look good to push up oil prices

Jz remember OPEC+ had managed to pull oil price fr 20+ to 70+ thn u wil know how determined OPEC+ is 

Oil glut last time was so much more thn now

HIBISCUS North Sabah EOR jv wit Petronas

Carimin MCM contract fr Petronas

If HIBISCUS cannot la hw can Carimin can?

If oil major like HIBISCUS North Sabah EOR not doin well thr wil b no call out on d MCM contract so how can Carimin make profit whn thr is no sales

Alamak has it whn first day bad rest of yr good

HIBISCUS makes more sense

Carimin is a 1 MCM contrac on call out basis only pony


DAYANG has 5 of tis MCM contracts

Looking back


Hibiscus was going on nicely till...

Trump played out Saudi

Dnex missed an offtake

US markets' rapid drops


Saudi has since wised up wanna do cuts... Hibiscus has more oil wells at Anasuria thn Dnex... US markets r recovering...


2019 wil b a better year for Hibiscus no doubt


2019 oil price forecast to b 61 USD by EIA d lowest in d range tat goes all d way to 72 USD by Morgan Chase





Dnex missed an offtake

Knn how tis? talking abt making predictions in d dark

But Ken immediately came to clarify good old Ken is following price action closely good old Ken has our backs covered

Tis is not window dressing but year end reallocating rebalancing

Problem not wit Hibiscus problem is wit u

Keen interest fr institution investors

Reallocating rebalancing on goin for 2019

As at now u can see US govt is providing state assistance to US tech cos by containing HuaWei n ZTE

Whn US became d biggest oil producer u can expect oil prices wld b high

Pipe problems whn solved....

Low oil prices whn US d biggest producer fat hope jz naive dragonsai

US with its US FIRST policy cannot b trusted

Whn US become d biggest oil producer it wil b a totally different story

By thn Trump wil want high oil prices

Now Trump is fighting for market share for share oil

*Not

Note forgetting production cuts n end of waivers

2019 goin to b good for oil producers

Take position now

Once Saudi stopped selling to US those EIA figures wil look good to push up oil prices

Jz remember OPEC+ had managed to pull oil price fr 20+ to 70+ thn u wil know how determined OPEC+ is

Oil glut last time was so much more thn now

World economy on d way to recovery

Betting Trump wld hv sobered up by d 4000 points drop in Dow

Let's c if Trump stil dare play hardball

Let's c if Trump stil dare to up d ante

Let's c if Trump stil dare to sailang by more tariffs

US-China trade talks to take place Beijing in early Jan
 

WASHINGTON (Dec 27): A US government delegation will travel to Beijing in the week of Jan. 7 to hold trade talks with Chinese officials, two people familiar with the matter said.

 

Deputy US Trade Representative Jeffrey Gerrish will lead the Trump administration’s team, which will also include Treasury Under Secretary for International Affairs David Malpass, according to the people, who spoke on the condition of anonymity. Neither the USTR nor Treasury responded to requests for comment.

 

Next month’s meeting will be the first face-to-face discussion the two sides have held since President Donald Trump and China’s Xi Jinping agreed on a 90-day truce in Argentina this month. Treasury Secretary Steven Mnuchin said last week the US team and its counterparts have held discussions over the phone.

 

The meeting adds to signs that the world’s two largest economies are making progress in cooling trade tensions. Beijing this week announced a third round of tariff cuts, lowering import taxes on more than 700 goods from Jan. 1 as part of its efforts to open up the economy and lower costs for domestic consumers.

 

Extended Gains

 

US stocks extended gains on news of the talks. The S&P 500 Index rose 4.96% as of 4 p.m. in New York, after falling within two points of a bear market earlier in the session.

 

Trump has agreed to put on hold a scheduled increase in tariffs on some US$200 billion in annual imports from China while the negotiations take place. He is pushing the Asian nation to reduce trade barriers and stop alleged theft of intellectual property. Beijing so far has pledged to resume buying American soybeans and to at least temporarily lower retaliatory tariffs on US autos.

 

While it’s positive that USTR will be leading the delegation next month, the two sides are not on track to make the kind of large-scale breakthrough that the Trump administration is seeking, according to Derek Scissors, a China expert at the American Enterprise Institute.

 

“The failure of cabinet-level officials to even meet in the first half of the 90-day period makes it impossible to anticipate fundamental change on the Chinese side,” he said.

 

Hard Deadline

 

Trump said after returning from his South American meeting with Xi that US Trade Representative Robert Lighthizer would be in charge of the China talks. Lighthizer, who isn’t scheduled to join the delegation in China, left no wiggle room for the two countries to extend talks beyond 90 days, saying this month that March 1 was a “hard deadline” that was endorsed by Trump.

 

“When I talk to the president of the United States he is not talking about going beyond March. He is talking about getting a deal if there is a deal to be done in the next 90 days,” Lighthizer told CBS on Dec. 9.

 

But Trump and other members of his trade team, including National Economic Council Director Larry Kudlow, have said they could further delay an escalation in tariffs if the two sides made sufficient progress.

 

 - Bloomberg

Trump now knows very well can't let WTI below 50

At least 15 sen drop last time due to wrong info fr Dnex

10 offtakes promised by Ah Ken

Supply side taken care of by MBS Putin n OPEC+

Demand side now falls on rogue president Trump

Only u listen to Curutman who always got it wrong

D one to listen to n follow is Trump

Trump by now wld hv learned his lesson

Lolololo over now kikikiki

Machince trading now in reverse gear

Machine trading in Dow may push Dow back 26000 again sooner thn u think

Dow has been in disconnect wit d US economy whc is strong n oil prices hv bin following d fall in Dow whc is wrong

Dow.. largest single-day point gain in history.

Mai Cow Mai buy buy buy

Trump is d cause of d mkt rout 

Trump wil b d one to fix d rout

So did u listen to Trump n bot yesterday?

Trump is d cause of d mkt rout

Trump wil b d one to fix d rout

Betting on Trump not letting d mkt rout to continue

Trump had claimed n owned d Dow during good time

Now any mkt rout Dow falling wil b pinned on him