Ring

Ring | Joined since 2014-03-22

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

6,522

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
6,522
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2014-12-23 08:07 | Report Abuse

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended broadly higher as better-than-expected exports data helped boost market sentiment.

Stock

2014-12-23 08:04 | Report Abuse

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended broadly higher as better-than-expected exports data helped boost market sentiment.
......,,@Ring catalyst for Klci.

Stock

2014-12-23 08:00 | Report Abuse

Saudi sending a clear message why they become victims to cut production why non Opec do d cutting meanwhile they dont mind 40. At 40 Saudi itself will collapse common sense tells 40 cannot it shall float around 60 until year end n bounce in 2015.Now companies r doing window dressing as most FY r yr end so have to make a good rpt, a fair reflective share price so I feel Suma may go 30+++.

Stock

2014-12-22 21:16 | Report Abuse

Crude oil price is likely to undergo a period of consolidation going forward until year-end and as such, selling pressure on FBM KLCI could equally subside, analysts say. — Bloomberg photo

KUCHING: Crude oil price is likely to undergo a period of consolidation going forward until year-end and as such, selling pressure on the FTSE Bursa Malaysia KLCI (FBM KLCI) could equally subside, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) said in a recent strategy report......@Rajoo looks positive may up 2moro.

Stock

2014-12-22 21:13 | Report Abuse

Crude Oil and Commodity Prices
December, Monday 22 2014 - 08:09:09
WTI Crude Oil
$56.52 ▲2.41 4.26%
2014.12.21 end-of-day


Brent Crude Oil
$61.38 ▲2.11 3.44%
2014.12.21 end-of-day

......crude oil up up up

Stock

2014-12-22 20:10 | Report Abuse

CCTV: Russia may go into bankruptcy/recession next year if Saudi don't cut production.Consumer spending very good becoz prices hv dropped by half n Chinese tourists r on buying spree.

Stock

2014-12-22 17:52 | Report Abuse

Ozzie75....cannot ooen d page tks

Stock

2014-12-22 17:37 | Report Abuse

KUALA LUMPUR: The FBM KLCI extended its gains on Monday and ended the day nearly 29 points higher in tandem with the firmer Asian equities, as the oil price recovery helped in aiding investors' sentiments.

Stock

2014-12-22 14:33 | Report Abuse

"We're seeing a positive lead coming from Wall Street, bounce in oil prices and energy stocks," said Leanne Jones, market analyst at Bell Direct.

Stock

2014-12-22 14:32 | Report Abuse

TOKYO: Asian shares took their cues from Wall Street and kicked off a holiday-shortened week on a strong footing on Monday, while the euro touched a fresh two-year low against the greenback on divergent monetary policy expectations.

Stock

2014-12-22 10:52 | Report Abuse

I have mentioned many times in this forum UP yield/ha/annum is about 25mt whereas GLC only 20 mt n what happened to d difference of 5mt.No replanting program n mgrs never go to field???

Stock

2014-12-22 10:19 | Report Abuse

1 hours ago
KUALA LUMPUR: The FBM KLCI opened Monday more than 10 points up and extended Friday's gains in tandem with last week's global rally due to the oil price rebound from recent lows.

Stock

2014-12-22 09:31 | Report Abuse

Asian Shares, US$ Stand Tall In Thin Early Trade Monday
1 hours ago
TOKYO: Asian shares and the dollar began a holiday-shortened week on a strong footing on Monday, with the euro testing two-year lows against the greenback on divergent monetary policy expectations.

Stock

2014-12-21 23:11 | Report Abuse

Abundant palm oil in n competition with soya bean worst crude oil drop so palm oil not viable for biodiesel.In any case shd increase d current yield from 20 to 25 n reduce field costing by committed field supervision must reduce unnecessary meeting n paper work.They don't understand that oil palm plantation is labour intensive so it needs intensive field supervsion.This is common sense n common sense cannot be taught.Whitemen used common sense to open d land for rubber/OP......why our ppl so useless?????

Stock

2014-12-21 19:02 | Report Abuse

Who don't want money d drop leading to billions billions of losses??? so bounce is imminent!

Stock

2014-12-21 18:45 | Report Abuse

Moody’s Ratings said Gulf countries are likely to start with cuts in spending on ‘non-strategic investment projects’ but will eventually face tough choices.

“Slowing or even reversing the growth in current government spending, including subsidy reforms, will be more difficult as governments seek to meet social welfare demands,” the agency said.

As oil revenues in Gulf states surged from about US$100 billion in 2000 to US$729 billion last year, public spending grew from about US$150 billion to US$547 billion, according to IMF figures.

But the spending focused mostly on items like wages and subsidies – not crucial capital investment.

“Current expenditure has surpassed capital spending by miles,” said M.R.

Stock

2014-12-21 17:49 | Report Abuse

KUWAIT CITY: Gulf countries are bracing for tough times as vital oil revenues fall and after they missed a golden opportunity to diversify their economies in a decade of unprecedented windfalls, analysts say.

The six nations of the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – could soon start reeling from falling oil prices, which have dropped by half from their 2014 highs to around US$60 a barrel.

Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around US$350 billion a year, at current price levels.

Stock

2014-12-21 17:39 | Report Abuse

Fgv track record on dividend payment is very low so share price also got to be low???

Stock

2014-12-21 17:30 | Report Abuse

Announcement Date Subject Type Amount Ex Date
25/08/2014 Interim Dividend DIVIDEND 0.06 10/09/2014
02/06/2014 Final Dividend DIVIDEND 0.1 26/06/2014
27/11/2013 Interim Dividend DIVIDEND 0.06 10/12/2013
07/06/2013 Final Dividend (Amended Announcement) DIVIDEND 0.085 27/06/2013
03/06/2013 Final Dividend DIVIDEND 0.085 25/06/2013
04/09/2012 Interim Dividend DIVIDEND 0.055 20/09/2012

Stock

2014-12-21 16:48 | Report Abuse

I think EP....is being well informed on d developments in this forum so they r dumping d shares.

Stock

2014-12-21 14:34 | Report Abuse

Govt must give warning to Fgv either u give yield similar to UP/KLK with low field costing which can be achieved if Magrs r committed or must be given d Boot Boot Boot....simple as that!!!!

Stock

2014-12-21 11:00 | Report Abuse

Global Equities Extend Rally; Oil Rebounds, Helping Rouble Rise

20 Dec 2014
NEW YORK: Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note.

Stock

2014-12-21 08:26 | Report Abuse

Sim....: can u please give some write-up about your present yield n what steps taken to bring d yield similar to UP/KLK.There was one estate I was working, whereby d high yielding seedling was sent to one particular estate for replanting.It was emphasised that hand weeding shd be done for maximum yield.There was protest from d Mgr....it is difficult n so on!!!....suppose to put rounded plastic sheet around d planted seedling to avoid any growth n were not done nor was it audited. What I am trying to say any instructions can be given if d Mgr...don't go to field being "No commitment".....with d present price n abundant supply of palm oil in d market.....companies can go Bust Bust Bust.....waiting to read some article in d Edge!!!!!!!

Stock

2014-12-20 15:57 | Report Abuse

Gulf braces for tough times over oil price plunge
Posted on December 20, 2014, Saturday

KUWAIT CITY: Gulf countries are bracing for tough times as vital oil revenues fall and after they missed a golden opportunity to diversify their economies in a decade of unprecedented windfalls, analysts say.

The six nations of the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – could soon start reeling from falling oil prices, which have dropped by half from their 2014 highs to around US$60 a barrel.

Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around US$350 billion a year, at current price levels.

Oil revenues make up around 90 per cent of income for most GCC states and with prices now below budget forecasts, their governments are looking at certain deficits next year.

Spending cuts are sure to follow – and possibly even the region’s first taxes – raising fears of public discontent and eventually an economic slowdown.

The oil price drop has also sent Gulf stock prices plummeting, wiping out billions of dollars of market value across the region and hurting major private firms like developer Emaar Properties and builder Arabtec Holding.

The heart of the problem, leading Kuwaiti economist Jassem al-Saadun said, is that Gulf states failed to seize on surging energy revenues to build up their economies outside the oil sector.

“Gulf states have missed an important opportunity to reform and build a real diversified economy,” Saadun said.

“Public spending has soared to new record highs and it was not for vital infrastructure projects to diversify the economy,” Saadun said.

“It was mostly for wages, salaries and subsidies… and handouts for buying political loyalty especially after the Arab Spring.”

Economists are warning that even with the huge reserves many have built up, a prolonged drop in oil prices will hit Gulf states hard.

“The prevailing growth model for most oil-exporting countries has left them vulnerable to a sustained decline in oil prices,” the International Monetary Fund said in a research bulletin last week headlined: “It is high time to diversify”.

Ratings agency Standard & Poor’s is warning that an extended decline in oil prices will likely slow the Gulf economies, reducing spending on their massive infrastructure projects and hitting the private sector.

S&P has lowered its outlooks for Saudi Arabia, Oman and Bahrain, though it has maintained their ratings because of their impressive reserves.

Stock

2014-12-20 15:29 | Report Abuse

Saudi is cracking..cracking...cracking.

Stock

2014-12-20 15:18 | Report Abuse

Gulf braces for tough times over oil price plunge
Posted on December 20, 2014, Saturday

KUWAIT CITY: Gulf countries are bracing for tough times as vital oil revenues fall and after they missed a golden opportunity to diversify their economies in a decade of unprecedented windfalls, analysts say.

The six nations of the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – could soon start reeling from falling oil prices, which have dropped by half from their 2014 highs to around US$60 a barrel.

Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around US$350 billion a year, at current price levels.

Oil revenues make up around 90 per cent of income for most GCC states and with prices now below budget forecasts, their governments are looking at certain deficits next year.

Spending cuts are sure to follow – and possibly even the region’s first taxes – raising fears of public discontent and eventually an economic slowdown.

The oil price drop has also sent Gulf stock prices plummeting, wiping out billions of dollars of market value across the region and hurting major private firms like developer Emaar Properties and builder Arabtec Holding.

The heart of the problem, leading Kuwaiti economist Jassem al-Saadun said, is that Gulf states failed to seize on surging energy revenues to build up their economies outside the oil sector.

“Gulf states have missed an important opportunity to reform and build a real diversified economy,” Saadun said.

“Public spending has soared to new record highs and it was not for vital infrastructure projects to diversify the economy,” Saadun said.

“It was mostly for wages, salaries and subsidies… and handouts for buying political loyalty especially after the Arab Spring.”

Economists are warning that even with the huge reserves many have built up, a prolonged drop in oil prices will hit Gulf states hard.

“The prevailing growth model for most oil-exporting countries has left them vulnerable to a sustained decline in oil prices,” the International Monetary Fund said in a research bulletin last week headlined: “It is high time to diversify”.

Ratings agency Standard & Poor’s is warning that an extended decline in oil prices will likely slow the Gulf economies, reducing spending on their massive infrastructure projects and hitting the private sector.

S&P has lowered its outlooks for Saudi Arabia, Oman and Bahrain, though it has maintained their ratings because of their impressive reserves.

Stock

2014-12-20 15:02 | Report Abuse

Yes! Very true it is a self-played counter all d while epf hv been buying to defend d stock but now all knows bad management!!!!!!!

Stock

2014-12-20 14:50 | Report Abuse

China, Kazakhstan to sign $10 bln in deals including oil, infrastructure-Xinhua

Stock

2014-12-20 12:00 | Report Abuse

The yield/ha/annum currently is 20mt n below n with d current cheap crude oil n abundant supply of palm oil in d market, oil palm industry may collapse unless yield is increased to 23+ mt....slowly Fgv is becoming irrelevant!!!!! "Cheap crude stops palm oil into biodiesel industry"
20/12/2014 11:59

Stock

2014-12-20 11:59 | Report Abuse

The yield/ha/annum currently is 20mt n below n with d current cheap crude oil n abundant supply of palm oil in d market, oil palm industry may collapse unless yield is increased to 23+ mt....slowly Fgv is becoming irrelevant!!!!! "Cheap crude stops palm oil into biodiesel industry"

Stock

2014-12-20 08:40 | Report Abuse

Wahid points out that Malaysia’s economy is now better able to withstand global shocks, having learnt valuable lessons from the 1997/1998 Asian financial crisis, and further tested again by the 2008/2009 global ginancial crisis.

Stock

2014-12-20 08:36 | Report Abuse

NEW YORK: U.S. stocks extended gains for a third session on Friday, giving the S&P 500 its best weekly performance in nearly two months as energy shares continued to rebound.

Stock

2014-12-20 08:34 | Report Abuse

Brent oil prices rebounded, gaining 5 percent to hit $62 a barrel in a recovery from near a 5-1/2-year low, as investors squared books ahead of the year-end after a six-month slide. [O/R]
The rise in oil, which along with gas is among Russia's chief source of export revenue, helped the rouble claw back another 5 percent of the roughly 58 percent it had lost between the end of June and Monday....extract from StarMobile.

Stock

2014-12-20 08:30 | Report Abuse

JAKARTA: Most Southeast Asian stock markets rose on Friday as the U.S. Federal Reserve's pledge to be "patient" about hiking interest rates continued to boost sentiment.

Stock

2014-12-20 08:19 | Report Abuse

LONDON: Brent crude pared early gains yesterday to trade back below US$62 a barrel, giving up much of a three per cent spike in London as traders assessed whether a price rout is done.

Oil briefly spiked as much as six per cent on Wednesday as players rushed to close short positions.

At 1511GMT yesterday, Brent for February delivery was 64 cents higher at US$61.82, paring gains after hitting an intraday high of US$63.70 early in the session. It is still up almost six per cent since Tuesday’s five-year low.....@Rajoo extract from TimesBiz.......I belief price may stat at 60 marginal drop may quickly recover to 60 as d "price controllers" knows below 60 is devastating so my conclusion until Opec meets on 5/6 or earlier price shall be 60!!!

Stock

2014-12-19 21:52 | Report Abuse

Today closing Klci 1715.....year tgt 1930....avg 23pts/day until end of year....is it possible?

Stock

2014-12-19 16:55 | Report Abuse

To manage an oil palm estate need only common sense n commitment...only empty vessel only good for talking talking eat nasi lemak n become lazy!!!!