dont forget guys in years to come in future tech are gona change with oil being challege by electric cars medium term should be find long term oil is on downtrend
imposibble.. the company stil can withstand.. its a local oil and gas service provider.. sure petronas wil provide project.. plus march heard they gonna release PP102 jack up rig which supposedly last year they release...
no way la... use electric car... not reliable at all.... half way no battery where to pump plus who can fix those engine? forget it la,,, not now la...maybe after 200 years where we no chance see at all...
"Malaysia can withstand sustained oil price decline to US$25 (RM105) per barrel. But if it goes further down to US$20 or US$15 per barrel, it will be a world recession! Every oil-producing country will face a problem,” he told reporters at a forum after the Budget 2016 recalibration announcement here yesterday.
If they group together oil price can be maintained even there is no supply cut.Sanction on Iran is lifted up so it is not necessary for her to undercut the price in the black market to get a niche in selling oil.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
funkaki
25 posts
Posted by funkaki > 2016-01-29 11:14 | Report Abuse
if oil go back $100 this stock can reach RM2