calvintaneng... u stupid or wat??? oil physical value so much lower than financial markets value... the stockpile for oil melambak gila.... then what does el nino got to do with this crude oil shit? U can pump ur car with minyak sawit? or generate eletrik with ur minyak kelapa sawit babi goreng?
Alam Maritim: To up vessel utilisation. Alam Maritim Resources, which is bidding for MYR2.5b to MYR3b worth of projects, is confident of increasing its vessel utilisation rate to 73% to 75% this year from 71% in 2014. "It's a marginal increase because our utilisation rate in 2014 was affected by the dry docking (overhaul) of 10 vessels and this year we have seven vessels to go so that would be another year of impact on our bottom-line." (Source: The Sun Daily)
Can accumulate some more for long term while waiting for the oil price to go up!!! Alam also got 2 contracts recently which will keep them busy for the time being. Trade at own risk.
If I'm not mistaken the Quek's family had subscribed for 60 millions shares for the RI n had recently sold only 19.4 millions shares n they r still considered as substantial shareholders. Correct me if I'm wrong. Thanks.
Nigeria and other oil producing nations are expected to bounce back to an increase in oil prices if the latest report of the International Energy Agency (IEA) is anything to go by.
World oil demand will rise much more than expected this year, the IEA said in its release, in the latest sign that the collapse in oil prices is helping to boost fuel use.
IEA's report came at a time the Organisation of the Petroleum Exporting Countries, OPEC, stuck to its forecast that oil demand will pick up this year. But it warned that over-supply may still keep a "ceiling" on oil prices, even as it kept on increasing its own output to a two-year high
What hot now is IRAN will released to trade or export oil after end of June , expect over supply later and will affect oil price drop further back to $50. Correct me if I'm wrong .
Azlan why u say so?? The oil price has went up from 40sens low but our oil counter just will keep dropping!!!! Why??? Najib I no eye see. If Mahathir sure can think a way to solve it!!!! Next election pls vote ur ticket wisely.... If continue like malaysia no more hope!!!!
Ykang u are correct. Dr M is more talent n clever. Quek had sold 1/3 of his share mean he dnt have confident on alam anymore he wil sell somemore recently. Better sell now.
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....
SHQuah
5,363 posts
Posted by SHQuah > 2015-06-18 15:49 | Report Abuse
http://www.thestar.com.my/Business/Business-News/2015/06/18/Foreign-funds-turn-net-buyers-on-Bursa-Malaysia/?style=biz