What do you think the future will be for local oil & gas companies when Petronas does austerity....

Those who have spent to buy oil & gas assets will be hit even more....

Think and think harder

What do you think the future will be when Petronas does austerity....

Think and think harder

Petronas which is set to re-evaluate its RM 300 billion capex programme will have major spillover effects for the oil & gas industry.



The biggest threat to the LOCAL oil & gas industries will be the Malaysian government..... yes, the Malaysian government.


Recall that Petronas had applied to limit its dividend to the Malaysian government at 30% of its profit, but, was rejected.


Double whammy is............ with a lower income in years to come due to low oil prices, yet, the Malaysian government will ask for more because Malaysia's most recent economy growth rate was below 6% and future is challenging.


Soon, the RM 300 billion capex programme will be reduced to RM 100 billions and brings major negative spillover effects for the local oil & gas industry.


THHEAVY can hardly win two projects even now..... what do you think the future will be when Petronas does austerity.... Think and think harder

Petronas which is set to re-evaluate its RM 300 billion capex programme will have major spillover effects for the oil & gas industry.



The biggest threat to the LOCAL oil & gas industries will be the Malaysian government..... yes, the Malaysian government.


Recall that Petronas had applied to limit its dividend to the Malaysian government at 30% of its profit, but, was rejected.


Double whammy is............ with a lower income in years to come due to low oil prices, yet, the Malaysian government will ask for more because Malaysia's most recent economy growth rate was below 6% and future is challenging.


Soon, the RM 300 billion capex programme will be reduced to RM 100 billions and brings major negative spillover effects for the local oil & gas industry.



The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.

Petronas which is set to re-evaluate its RM 300 billion capex programme will have major spillover effects for the oil & gas industry.



The biggest threat to the LOCAL oil & gas industries will be the Malaysian government..... yes, the Malaysian government.


Recall that Petronas had applied to limit its dividend to the Malaysian government at 30% of its profit, but, was rejected.


Double whammy is............ with a lower income in years to come due to low oil prices, yet, the Malaysian government will ask for more because Malaysia's most recent economy growth rate was below 6% and future is challenging.


Soon, the RM 300 billion capex programme will be reduced to RM 100 billions and brings major negative spillover effects for the local oil & gas industry.



The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.

Petronas which is set to re-evaluate its RM 300 billion capex programme will have major spillover effects for the oil & gas industry.



The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.


Recall that Petronas had applied to limit its dividend to the Malaysian government at 30% of its profit, but, was rejected.


Double whammy is............ with a lower income in years to come due to low oil prices, yet, the Malaysian government will ask for more because Malaysia's most recent economy growth rate was below 6%.


Soon, the RM 300 billion capex programme will be reduced to RM 100 billions and brings major negative spillover effects for the local oil & gas industry.



The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.

Petronas which is set to re-evaluate its RM 300 billion capex programme will have major spillover effects for the oil & gas industry.



The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.


Recall that Petronas had applied to limit its dividend to the Malaysian government at 30% of its profit, but, was rejected.


Double whammy is............ with a lower income in years to come, yet, the Malaysian government will ask for more because the Malaysian most recent economy's growth rate was below 6%.


The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.

And, what with the CI always threatening to go under.........................

Bleak...............................................................................................................................................

Anyway.............. if even these two recent big news cannot push up SKPetro....... susah la

Oh ya................. Murphy Oil too

And, if the US government decided to secretly subsidise the operations of Harliburton + Baker Huges.......................................

you will know this USA Saudi EU vs IS Russia war will last for awhile

Be mindful that the USA shale oil industries is not being done by the mom and pop


Harliburton + Baker Huges will control 39% of the shale oil wells in the USA


Be mindful, that the huge US corporations are really HUGE, that they even rival a mid sized country.... e.g. Apple is larger the whole of the Russia market combined, yes, Russia, and you will know they can really take a blow or two and still standing

USA Saudi EU vs IS Russia.... oil and gas as weapon (Ironically Russia has done precisely this before)


Saudi is incurring huge losses due to the drop in oil prices, period.

Ya... it has low cost, by why not reduce the production????


Saudi has been pressured by other OPEC members who have higher cost to do so... But, the pressure from the USA is the most unbearable, as such, so far it has been reluctance to so.......


The pressure from the USA is the most unbearable... because if Saudi refuses to co-operate... USA will authorise the export of its shale oil and gas, sooner, sooner, sooner.... and flood the world oil market with its shale oil.... USA is calling the shot as far as setting the prices of oil now



Oil prices will remain low.... until and unless IS, Russia.... are brought to their knees

As early as just 2 1/2 months ago, these news would have sent SKPetro to RM 5, at least

Now..... WTF, up by all of 4 sen as at now

Sunset......................................................

Yes, it was Hamdan, as a matter of fact

Anyway, this is not an alarm but a coution.... price may retreat, at least, in the short term when the kissing and the hugging become less intense...

CI has been pulled back from the 1800 cliff

but SKPetro was not involved


Why??


is SKpetro so overvalued it's future so bleak that no local funds dare to touch??

or

worst still, local funds have tried have bought but just simply can't pull up SKPetro cos there have been so so so many sellers wanting out??

I know in days to come,

Oil prices will go up and down, more likely down. More projects will likely be lost than won....

And, there will be times when the situation is so hopeless that we would want to call it quit.....



But, but... if I don't buy you now, I know for sure... that I will regret for the rest of my life...

Honey, I LUV U







God sppppeeeeeeed.... youuuuuuuuur love tooooooooo..oo..o... meeeeeeeeeeeeee..ee..eeeee

I LUV U

Oh my love
My darling
I’ve hungered for your touch
A long lonely time
As time goes by so slowly
And time can do so much
Are you still mine?
I need your love
I need your love

Hamdan LUV Barakah

But, any further conversion of the RCULS by any other RCULS holders will cause his % to fall again... so Hamdan needs to buy more to ensure his % does not fall to below 50%

Hamdan LUV Barakah

He has coverted all his RCUL yet his % is dropping dangerously close to below 50%

So, Hamdan bought some thru a limited company.... he is likely buying from the market too

He is likely buying from the market too... to consolidate his % cos the Q results is likely good... Arab project likely comimg in... etc etc..

Hamdan LUV Barakah

Buying is aggressive

Buying is pretty aggressive... it may last awhile.. 3 4 days...

Arab project kut.....

Q results good kut.....

the will to support the CI at 1800 is getting more and more questionable.

when the CI goes below 1800, bad things are gonna happen..................

The only reason to like for this massive drop is..... a foreign fund left in a hurry

Other than this..... all of you who bought previously or this morning are screwed.... you just don't know it yet

was the 3rd Q ending SEP window dressing pretty??

Even the will to support the CI at 1800 is, as at now, questionable......

MUHIBBAH ENGINEERING (M) BHD is in the RSS list

Traders have all left

Investors not coming

Shorties still shorting


Hunk by the name Quick (Hotrod) Rebound aint coming...... Party is over



Posted by AhMoi > Nov 13, 2014 11:40 AM | Report Abuse

upsidedown119.... fortunebullz.....

soon you two can have this forum all to yourself for your love talks................ nobody will bother to come here to make a post.... as prolonged low price and losses will surely kill the mood..

>>GoldenShares this round weak O&G companies will be eliminated

14/11/2014 11:03

>>GoldenShares this round weak O&G companies will be eliminated

14/11/2014 11:03

>>GoldenShares this round weak O&G companies will be eliminated

14/11/2014 11:03

Traders are leaving..........

Investors not buying...........

Shorties still shorting..............


Bleak......................................................................................................................................

nordi,

if that happened, will it be big enough to be meaningful?? will it last??

Cos people just want to run..... want to run

readying themselves, sizing up themselves, toughing up themselves...... knew it gonna cut like a knife... but they are gonna run, they are gonna sell, sell at a small loss.... even at a mid size loss, whatever.... just wanna run

bleak...........................................................................................................................................

with the DOW, S&P etc so high now.. they can only fall... and, likely soon

and when they fall, KLCI will follow and fall too.....

another77.... bro, how are you getting on?? are you doing fine??

upsidedown119.... fortunebullz.....

soon you two can have this forum all to yourself for your love talks................ nobody will bother to come here to make a post.... as prolonged low price and losses will surely kill the mood..

and, so the long awaited rebound came and went.... pathetic


wont be long....


traders will leave SKpetro as the chance for a quick meaningful rebound is getting slimmer by the day...

investors will leave SKpetro as the prospect for a quick meaningful rebound in oil prices is getting slimmer by the day...


SKPetro will drift lower and lower and lower as O&G losses its spark.... till maybe 6, 12, 18 or 24 months later

bleak...........................................................................................................................................

the sight of the huge sell queue is enough to shrink any potential hard on

COPULATION time when??

Hohup is doing great....

can kiss December up good bye...... if the charts which have suggested so much can be relied upon........ 70% accuracy you were saying....................

oil prices by no mean have stabilised................

once FBMKLCI gone below 1800.... can kiss December up good bye

below 2.00 coming again.... to buy or not to buy some more?? is not the question... When to buy?? is the question....

double whammy is...... jumping out of tuajaya and jumped in O&G counters 2, 3 moths ago... ; )

i3i2i1

Ya....

SKPetro has got a hand in this FBMKLCI -tive state of affair if you have not noticed.....

cause oil prices by no mean have stabilised................