thanks ks55, I welcome discussion and different opinions.
And I would opt for posting material that I am in agreement with.

I am going to bed. Will see if I got more input from any oil industry savvy investor before I decide on my next move next week. Meantime, I will go for equity fund as a start, got to rely on fund managers who have savvy knowledge on natural resources performances cycles to reduce my risk exposure......

ks55:- Nope, I watch the video and am trying to point out all the contradicting facts that he has put up. Especially on the flash points to the collapse of USD dollars.... because this was the basis of his prophecy on us collapse which led to the market crash and he ask investor to avoid S&P blue chip in early 2014 and invest in gold & energy.........

You post the video, so I thought you must have digest and understand what is the basis of his prophecy2.0

ks55: did u realise that the prophecy2 video that you posted , Jim was asking the american investor to invest into energy stock ?

The lowest point that the oil price fell to in recent years was from a high of 130+ to 40+ in '08~'09 due to US sub-prime issues and within the very same year it headed back to 80+ & above 100 late '10 & early '11........

Now it is US again who drove the oil price down with Shale Oil, I think it is now all boil down to the production cost of Tight versus Light Crude Oil......., so far the information I search from the web point to Saudi has the lowest production cost........

Do we have any skpians who have the insight into the production cost for Shale Oil ? Mind sharing...

optimuss my fren, since when oil industry has become a charity industry ? who would want to produce oil at 10~30 per barrel. The more the producer pump the more loss they are making....

the 10~30 usd dollar era was when MONEY is BIG...., just like back in last centuries in the sixties where you can get get a bowl of needle for 10~20 cents.......

hi optimuss - ha ha ha you have been bearish in almost every counter and finally i see some positive note from you on skp... want to share more insight into this counter ?

I was trying to use oil price as a gauge for my entry point and set a rock bottom price of 40 as the final point to vest in all my target investible fund for o&g, as from all the chart I read , saudi has the lowest production cost at 40. if oil reach 40 , which is highly not likely since many other suppliers would have been wipe out before that and demand would have had surpassed supply very much earlier than that , but just in case it might happen due to hedging effect....

ks55-if you look at some of the chart that shown it was up to Apr 2014, view it one more time....

All Skpians: I sympathises those who looses money at this counters. I am not here to teases anybody. I am here as I see investment opportunities and I am trying to raise some discussions, so I could see a better view before I fully engage my investment plan. I believe there are a lot of sifus here who has been following this counter for quite a while and has good inputs for all the i3 skpians

ks55: thanks for the video. Jim mentioned the flash points of the Dollars collapse.. ( I think this video is made sometime Q1 of 2014 , now it is end of 2014 Dec.... no sign of flashpoint triggering )

1) attack on us treasury market - with tapering of QE which ended last Oct and impending rate
hike. USD is stronger than ever.
2) fall of Petro Dollar - Look at today oil price .... Petro Dollar is strengthening
3) China Stealth gold run - Gold is at all time low for last couple of years due to strength of dollars
4) Collapse of China - China/Europe/japan had all learned the trick from US in QE....
5) IMF plan to replace the USD - EURO is all time low against the USD while US purposely pressure China to appreciate RMB....., I think no currency is anywhere near to replace the Dollar ....

These are my view ...feel free to correct me...... and I think the title of the video is "prophecy 2.0" not world market crash 2015 please.... and this remain as a prophecy as of now....

There is always a two-sided nature of an argument.
When a market crashes someone see it as an opportunity & someone see it as a doom.
Do not be overly optimistic nor pessimistic....

Super911: We always need to be cautiously optimistic in a big bearish market.......
Bittergourd: I am just throwing my view & action for reference and to initiate a discussion.....

Thanks for your view ks55.....

Just for sharing..... invest at your own risk.......

Before Freaking Out Over Plunging Oil Prices Remember These Charts

By Matt DiLallo | More Articles | Save For Later
December 6, 2014 | Comments (5)

The price of oil has absolutely crumbled over the past few months. Weaker than expected demand in Asia along with surging supplies from America have caused supply and demand to become imbalanced. That imbalance is only expected to grow with OPEC's decision to keep pumping oil. That said, this imbalance has happened plenty of times before, in both directions. However, the thing to keep in mind is that the overall cycle for oil is bullish for long-term investors because there remains two powerful forces still very much in play.

The demand story
While demand for oil is currently lower than had been expected, that trend isn't expected to continue forever. Lower oil prices tends to create more demand for oil. Further, population growth and expanding incomes from a rising middle class throughout the world is expected to fuel a 15% increase in oil demand by 2030 along with a 33% increase in demand for energy in general as noted on the following chart from an investor presentation by Chevron Corporation (NYSE: CVX ) .
Because of the higher cost of other supplies we will see oil producers focused on those supplies cut back investments until supply and demand balance returns.
That balance shouldn't take too long to return because of the natural properties of an oil reservoir. As pressure is relieved from an oil reservoir the rate of oil production that comes from a well begins to decline. What this means is that there is a constant uphill battle to maintain a steady supply of oil because of the decline in production from a well, not to mention the fact that older wells deplete all together. Because of these factors oil producers constantly need to invest to bring new wells online just to maintain supply, with even more wells needed to meet demand growth.

The supply story
While OPEC recently decided to stand firm and continue to oversupply the market, it will have a breaking point. However, it knows that others will have to break first given the breakeven cost for new oil supplies. In the following two charts we see that OPEC's oil is among the lowest cost oil supplies in the world.
Because of the higher cost of other supplies we will see oil producers focused on those supplies cut back investments until supply and demand balance returns.
That balance shouldn't take too long to return because of the natural properties of an oil reservoir. As pressure is relieved from an oil reservoir the rate of oil production that comes from a well begins to decline. What this means is that there is a constant uphill battle to maintain a steady supply of oil because of the decline in production from a well, not to mention the fact that older wells deplete all together. Because of these factors oil producers constantly need to invest to bring new wells online just to maintain supply, with even more wells needed to meet demand growth.As that slide notes the base production from mature oil fields will be in a steady state of decline, which will require $7-$10 trillion of additional investments by 2030 just to meet demand. Because of this, at some point oil prices will have to go up, or the cost of production will need to significantly drop, so that oil producers will be able to earn a high enough return on new wells to justify the investment required to meet demand.
Right now the oil market is oversupplied by about 1-1.5 million barrels of oil per day. Which, really isn't a lot considering that the world uses about 80 million barrels per day. This supply should be sopped up by new demand at some point in the future. However, at the same time, even without new demand, that oversupply can't really remain for too long because the natural decline rate of oil reservoirs alone will slowly drop supplies if investments aren't made to keep supplies steady.

Investor takeaway
These charts tell us one important story, which is that the current oil supply imbalance could potentially correct itself quite rapidly. Given the outlook for future demand growth when combined with the uphill battle just to keep supplies flowing, oil prices have the potential to correct higher at the first hint that supply and demand is heading back into balance. That's why investors need to avoid freaking out over oil prices because those prices have the potential to reverse just as quickly in the future.

You have to plan out your strategy to make money this round. Do not buy blindly....... plan out your strategy and execute accordingly so that you do not get panic when it drop further

@Zack: I think you give me a very clear guide for next week entry points.... thanks.

If you look at the top oil producers chart below , who have the power to manipulate the oil price today ? Would you think they will keep the price low for no reason and do you think they are get themselves hurt for a long long time.... ?

The faster & heavier she drops, I believe the faster & stronger she will rebound.
No one knows when is the rock bottom......

Only the big money operator in this particular field can determine when is the rock bottom and take the lead to make the U-turn. Ikan billis , retailers , like us are now too fearful to commit and can only choose to follow to make money later.......

I am not sure when will the trend reverse but with the oil price plunging from 100+ to 50+, I now set 40 as the rock bottom which I think is not like to happen, so it has another 10+ USD to go... I am going to start accumulate next week. I have miss the us sub-prime issues in 2008 and I am not going to miss this one......

In fact I had started to invest in equity fund that are oil & gar oriented when oil hit 65........ as I believe the fund manager are more professional that me .....

What say you.......

No punting pls ,if I am wrong , you will die very ugly...........
Buy good fundamental oil company who can weather the thunder storm .......


OPEC production In Millions of Barrels per Day

Rank Country Exports
1 Saudi Arabia 8.65
2 Russia 6.57
3 Norway 2.54
4 Iran 2.519
5 United Arab Emirates 2.515
6 Venezuela 2.20
7 Kuwait 2.150
8 Nigeria 2.146
9 Algeria 1.85
10 Mexico 1.68
11 Libya 1.53
12 Iraq 1.44
13 Angola 1.36
14 Kazakhstan 1.11
15 Canada 1.07
Source: U.S. Energy Information Administration

@funitec, only time will tell....... good luck.
( As far as management is concerned,when it comes to profit sharing with minority share holders, Seal management has no good record to show thus far yet )

way to go......

I think today is the last day...,

I think 2.50 soon....

Div Ex date :12/26

Rally with low volume ... Good sign ?

I "almost" wanted to top up some more yesterday......

Wow.. Gamuda boss say something, KPS stock up 5 sen liao....

Let's see how big is that MOL hole............

Is this going to drag bjauto down.......

http://www.thestar.com.my/Business/Business-News/2014/12/05/US-classaction-suits-filed-against-MOL-Global/?style=biz

all time low

all time low

oooopss... 67c

typical story

looking at the trend may have to lower the q at 2.45 tomorrow.

phew...... q at 2.55 did not get.

Sold last week due to bad sentiment.....
Will be collecting on the downward trend from about ~ 70c

Prepare more cash and wait........

good , as long as it fits your investment strategies that you won't get panic when further sell down happen....

It has to drop to a point at which the big fund operators come a consensus that the market is becoming very attractive for buying again

None of us can predict the stock market.
Current weak sentiment due to oil price tanking is providing a buying chance for all of us.....
However, need to exercise very carefully....

Yup ST, I am gonna start buying at 2.5 all the way down to the bottom......

LTH hardly sell his stake yet, the price already at 2.7 now.
I guess when LTH start to sell aggressively , we might be able to collect at ~ 2.0 , then that is what I call a great superb bargain....

I think will close below 2.7 today....
2.5 might hit by Friday.......

patient... buy ultra slowly....... better late than never.....

we will be laughing all the way to the bank later.........

Tq hng... I am going to take my time in doing this...........

tq STKoay for the input... I decided to buy slowly too... either I hit or miss .... no complaint

I decide to move dump in next 25% investible fund at 2.50 instead of 2.85...., the bottom is yet be be seen......

hng33:- this time it might be you are pulling the trigger a bit too early.....

Can collect or cannot collect ?
Your guess is as good as mine !

Unisem up 5 c and Globetronic up 1 sen.... !
Inari down 13 sen, & MPI down 12 sen....... ?

phew 2.83

ST, I would sing only if there is rebound , so you intend to catch a rebound rather than a falling knife I guess.....

last day 17th Dec

Today is only the first day of OR trading, I would not rush to conclude where the bottom is