Mobius says the impact of shale gas discovery will change the dynamics of the global economy as well as oil prices, without a doubt.
“However, it should be noted that in addition to the US, emerging markets such as Poland, Romania, Mexico, Argentina and China also have shale gas reserves. Thus, shale gas production could benefit a number of economies globally,” he says.
With the US becoming a net oil exporter over the next few years, Mobius, however, does not foresee any major impact on oil prices, as he feels that the reduced demand from the US will be offset by growing energy demand from countries globally.
“Also the current exploitation of shale gas globally is not huge enough to offset the global demand for oil,” he says.
yeah yeah, as i said is sinking, & all the "HIRED SUPPORTER" keep saying is best time to enter are missing, left those got cheated have no choice just keep praying for miracle..........
You are right, Edmund. All the directors keep on disposal million million shares and this counter everyday drop and people all afraid to go in this counter. Cheating counter. If I also don't want buy their right issue, lose money only. Better restructure the management then only open back in KLSE.
Aiyo don't kena tipu by CON Tham. Purposely get LIM to buy in to trap the small investors. Common practice adopts by directors to show insider trading. Iklan bills investors don't get trapped. Jual what you have for DAYA
SINGAPORE: Brent edged up on Tuesday, holding above US$85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy.
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....
Cyborg
981 posts
Posted by Cyborg > 2014-10-07 19:39 | Report Abuse
game over... better throw all... not worth to hold