Do not worry I got the direct information Perisai would listed again on KLSE this is the reason I everyday cannot eat and sleep well .The biggest mistake in my life is I sold all my Perisai shares
TRENDING NOW 1MDB Select Language▼ MALAYSIACORPORATE TOP STORIES Highlight Ringgit could rise to RM3.90 level this year, says Rakuten Justin Lim / theedgemarkets.com
February 22, 2019 13:43 pm +08
-A+A KUALA LUMPUR (Feb 22): The ringgit could strengthen to the RM3.90 level against the US dollar this year, underpinned by the US-China trade war optimism, says Rakuten Trade Sdn Bhd.
"We are seeing the tension from the US-China trade war diminishing, as now US has realised there won't be benefits from the trade war. (They have) instead taken a step back and come out with agreements.
"This has boosted the Chinese reminbi as well as regional currencies, especially ringgit," said Kenny Yee, head of research at Rakuten Trade, at a media briefing here.
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Yee added that the reason for the ringgit strengthening along with Reminbi is because the correlation between these two currencies against the greenback is the closest.
The ringgit was trading at 4.0825 against the greenback at the time of writing. Year to date, ringgit has rallied about 1.23%.
Subscribe to Editor's Picks & Mid-day email alert We deliver news to your inbox daily Email Address RELATED NEWS 13 March 2014 Flash: Global equity inflows expected to outpace bond inflows this year, says Franklin Templeton 7 April 2014 #Flash* Malaysia GDP to grow 4.9% this year, says World Bank 19 January 2015 Malaysia GDP forecast to grow 5.2% this year, says HSBC 19 January 2015 Malaysia inflation forecast to hit 3.8% this year, says HSBC FEATURED VIDEOS
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MOST READ MOST WATCHED 1 U.S. stocks rise as trade talks near pivotal point 2 PAS attempting to break up Pakatan Harapan — Anwar 3 Syed Mokhtar's company confirms it was involved in RM500m land swap deal with MINDEF 4 Resetting Astro 5 Ringgit could rise to RM3.90 level this year, says Rakuten
WTI CRUDE 57.26 +0.53% BRENT CRUDE 67.25 +0.09% NATURAL GAS 2.739 +0.55% OPEC BASKET 66.50 +0.80% Click Here for 200+ Global Oil Prices
BREAKING NEWS: U.S. Crude Oil Production Hits Record 12 Million Bpd Alt Text Rig Count Falls As US Oil Production Hits All-Time High The US rig count fell…
Alt Text Saudi Arabia To Invest $100 Billion In India’s Energy Sector Saudi Arabia will invest US$100…
Home Energy Energy-General Oil Prices Nearing Breakout Levels By Tom Kool - Feb 19, 2019, 2:00 PM CST Join Our Community Bullish OPEC+ cuts, supply disruptions and an easing of trade tensions between the U.S. and China has boosted crude oil to a three-month high.
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- Bank of America Merrill Lynch says that Brent will likely trade between $50 and $70 per barrel over the next five years.
- The bank says that prices will be “anchored” around $60, and that rising U.S. shale supply and OPEC’s willingness to back out production will keep volatility in check.
- However, the bank also said that a global economic slowdown would throw this forecast out of the window. Some worrying economic data in China presents one of the largest downside risks to the oil market.
Market Movers
• Occidental Petroleum (NYSE: OXY) was downgraded two notches by Barclays, from Overweight to Underweight, with a $70 price target. Barclays says the company’s deficit, its aggressive growth target, and its valuation all supported the downgrade.
• Eni (NYSE: E) saw its shares jump on Friday after it reported $1.65 billion in fourth-quarter profits, beating expectations.
• U.S. Silica (NYSE: SLCA) reported a fourth-quarter loss of $256 million, down from a $72 million profit a year earlier. Frac sand sales were “negatively impacted by the well-reported industry headwinds related to budget exhaustion and lack of takeaway capacity, as well as further pricing
Tuesday, February 19, 2019
Oil nearing a breakout? Some analysts see higher prices ahead, as the OPEC+ cuts create a tighter backdrop. Any unexpected outage could send prices much higher, while a breakthrough in the trade war could remove one of the largest downside risks. “Brent and WTI are both now seriously testing a major resistance zone, around $65 and $55, respectively, the break of which could be the catalyst for another rally,” Craig Erlam, senior market analyst at brokerage OANDA, wrote in a morning market briefing.
Saudi Arabia cutting deep. Saudi Arabia is going above and beyond in its production cuts, but it’s unclear how long Riyadh will be willing to shoulder the burden alone. “Saudi Arabia’s production cuts by more than the required level also serve to offset the lack of compliance shown by countries like Iraq. It is doubtful whether Saudi Arabia will be willing to do so long-term, however. After all, the Saudis are losing market shares to US shale oil producers,” Commerzbank wrote in a note. Related: The Top Geopolitical Trends Of 2019
Texas to install world’s biggest battery. A 495-megawatt energy storage system combined with a solar farm is set to be installed in Texas. Ironically, the project is intended to support oil operations in the Permian, according to Bloomberg. The energy storage system will be the world’s largest.
VW expands electric offerings. VW (OTCMKTS: VWAPY) announced plans to expand its electric vehicle offerings in the coming years, aiming to add models for the Chinese market. VW is planning on spending 9 billion euros on 20 EV models by 2025.
BP: renewable energy and natural gas dominate growth. According to BP’s (NYSE: BP) latest energy outlook, renewable energy and natural gas will together claim 85 percent of the world’s energy supply growth through 2040. The new analysis “brings into sharp focus just how fast the world’s energy systems are changing, and how the dual challenge of more energy with fewer emissions is framing the future,” BP CEO Bob Dudley said.
Mexico to spend $5.2 billion on Pemex. Mexican President Andres Manuel Lopez Obrador announced a $5.2 billion rescue package for state-owned Pemex. “We’ve taken the decision to support Pemex with everything,” AMLO said last week. “We’re going to launch an initial plan, but if they require more, there will be more support.” The package means that Pemex won’t turn to the bond markets this year. Critics view the state support not only as insufficient to put Pemex on a sustainable path – Pemex is the world’s most indebted oil company – but it will also act as a drag on the Mexican budget.
War on plastic could cut into oil demand. The petrochemical sector is expected to be one of the few sectors that will see large crude oil demand growth over the coming decades. Much of that is the result of turning oil and natural gas liquids into plastics. However, policies targeting plastic use are proliferating. Recycling and bans on single-use plastic could cut the assume
trap666 it is just trick fast buy buy buy ~ 15/01/2019 15:17
trap666 you are management meh !? All about show · 15/01/2019 15:18
trap666 u all go support 0.005 can mou @@! 15/01/2019 15:28
trap666 no no no...still not sink yet !!!! Buy buy buy...wait for U TURN !!!!!!!!!!!!!!! 15/01/2019 17:19
trap666 Im just here to show how stupid you all are. This is the real TRAP ~ 16/01/2019 09:58
trap666 And if anyone really buy this perisai due to my BUY CALL, you all really stupid lah...just take it experience okay..DO NOT believe BUY CALL in the forum ~~~~~~~ 16/01/2019 12:02
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....
Letgohrc
93 posts
Posted by Letgohrc > 2019-02-23 15:15 | Report Abuse
Stop commenting lab till it is open shop. Close shop also comment.